Most active developers in the Austin industrial market
Titan Development has been a major player in Austin’s industrial boom, delivering a significant 3.7 million square feet (msf) of space since 2018, with an additional 189,280 sf currently under construction. Projects like North Park35 and Gateway35 in Georgetown and Innovation Business Park in Hutto exemplify their commitment to the region's growth. A notable development is the Samsung Semiconductor factory being built by Jacobs Engineering. This large-scale project, expected to be completed in Q3 2024, is a major win for Austin.
Recently, the U.S. government granted $6.4 billion to build chip-making facilities. This is aimed at reviving semiconductor manufacturing in the U.S. The factory is anticipated to create thousands of jobs and significantly contribute to the city's economic growth. Leading developers have been focusing their attention on Austin's suburban submarkets, such as Hays, Georgetown, and Far Northeast. This trend underscores not only the expansion of the metro area but also the stronger connectivity between urban and suburban areas.