The Park 290 logistics park is a Class A industrial development located in East Austin, Texas, where Brookfield Properties broke ground in early 2024 on four LEED certified buildings totaling 792,139 square feet, according to CBRE. The scheme is smaller than the 826,000 square feet outlined in 2020, and delivery was targeted for the fourth quarter of 2024.
Park 290 Leasing Status Tests Austin Appetite for Industrial Space
Park 290 now shows mixed leasing progress. Only Building 1, at 76,978 square feet, appears as leased on the project website, while a LoopNet listing updated in April 2026 showed 715,161 square feet still available. By contrast, the TOYO Humble solar module factory now fills a 567,140 square foot logistics building elsewhere in Texas.
Project Overview
- Project Name: Park 290
- Location: 11653 Decker Lane, East Austin, Texas
- Developer: Brookfield Properties
- Project Type: Class A industrial park of four LEED certified buildings totaling 792,139 square feet, with 32 to 36 foot clear heights, EV charging and direct frontage on Highway 290
- Site Area: 68 acres, per the 2020 announcement
- Construction Start: Early 2024
- Original Delivery Target: Fourth quarter of 2024, per CBRE
- Leasing Status: Building 1 leased; 715,161 square feet listed as available in April 2026
- Project Value: Not publicly disclosed
- Strategic Impact: Marketed on access to Highway 290 and SH 130 and proximity to manufacturers such as Tesla and Samsung
Project Team
- Developer and Owner: Brookfield Properties
- Leasing Agent: CBRE
Reported 25th November 2020: A class-A logistics park is set to be built in Texas, US. Known as, Park 290, the 68-acre development will be located in Austin, Texas. This was reported way back in 2020 by developers Brookefield Properties.
Located in Austin’s Northeast submarket, the Class-A logistics park was to occupy 826,000 square feet. The two-phase development was to include four LEED certified distribution buildings featuring 28-36’ clear heights, flexible divisibility, and ample car and trailer parking to accommodate tenants from 30,000 to 315,000 square feet.
Also Read: New chocolate manufacturing center to be built in Illinois, US
Park 290
Park 290 provides users with modern building features, access to an extensive labor pool, excellent visibility and access to Highway 290. The site will be available for build-to-suit users until construction commences in the second half of 2021.
According to Connor Tamlyn, Brookfield Properties Vice President in charge of development, the vibrant economy and rapidly growing population provide an attractive opportunity to serve a diverse and growing tenant base. “We are thrilled to continue the growth of our development platform in the dynamic Austin market,” he added.
Austin is a target market for Brookfield Properties’ logistics platform, with a wide ranging interest including ground-up development, building acquisitions and portfolio opportunities.
Brookfield Properties is a fully integrated, global real estate services company, providing industry-leading development and portfolio management capabilities across the real estate
investment strategies of Brookfield Asset Management – a global alternative asset manager with approximately $550 billion in assets under management. Over the past twelve months, we have added over US $1.4bn of Logistics properties to our U.S. portfolio.
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