June 2020
The COVID-19 Impact on the Downtown Austin Office Market and Tenants
Introduction When will downtown tenants and their employees return to their offices? This very important question and others are critical to understanding the impact that the COVID-19 pandemic has on the downtown Austin office market. As part of our response to the current public health crisis, the Downtown Austin Alliance's research team sought to answer key questions about the current office market, tenant sentiments, building modifications, plans for the future, and real estate outlook. This short report will highlight the key findings from our study, providing the reader insight on how downtown office properties have managed during this pandemic, what concerns their tenants have, and what the future may look like.
About the Downtown Austin Alliance The Downtown Austin Alliance is a Public Improvement District who leads and participates in a broad range of programs and initiatives that create, preserve and enhance the value and vitality of downtown Austin. We provide direct services to downtown, advocate for and invest in other organizations’ efforts, create signature activations that bring Austin’s public spaces alive, and provide critical research used in planning and development.
1/5