Three tenants sign lease agreements for proposed new building on 18th Avenue Northwest

It was announced earlier this week that three tenants have signed lease agreements for a proposed new building to be constructed on the old Farmer’s Market lot on 18th Avenue Northwest.  Two of the businesses, Mexican restaurant Qdoba and cellular phone retailer T-Mobile, will be new businesses to Austin. The third, Great Clips, will be relocating from its current location in the old Target complex.  KAUS News spoke with Craig Clark, Administrator for the City of Austin who stated that the announcement is good news to start 2020….

Clark went on to state that Slaby and Associates, the Verona, Wisconsin-based company that purchased the old Hy-Vee from the Austin Port Authority in 2018 is also looking at potentially building a second outparcel building that would be almost 7,000 square feet in size and would be located on the east side of the first building….

As part of the agreement on the purchase of the old Hy-Vee building, Slaby and Associates was required to establish a new building at the Farmer’s Market lot, located between O’Reilly Auto Parts and the Hy-Vee gas station on 18th Avenue, once the renovation of the old Hy-Vee was completed.  The proposed outparcel building will measure approximately 6,200 square feet with an expected final cost estimated at $2 million. Slaby and Associates are tentatively planning to apply for permits by March in the hopes of beginning construction in April.