Southeast Austin’s Oracle Campus Planning Office and Hotel Addition

A current view of the Oracle campus on South Lakeshore Boulevard. Image: Ryan Companies

The sprawling waterfront headquarters of software multinational Oracle Corporation could soon expand once again in Southeast Austin, according to recent city permits. The firm, which opened a large office campus on South Lakeshore Boulevard in 2018 and designated the site as its new corporate headquarters two years later, currently owns approximately 50 acres on the southeast shore of Lady Bird Lake under the terms of a Planned Unit Development (PUD) agreement with the City of Austin.

A proposal to modify that PUD was filed with the city late last month by Oracle’s representatives at local land use law firm Armbrust & Brown, with the requested amendment to the agreement adding an approximately 2.34-acre tract of land currently occupied by the Town Lake Village Condos to the planned development district, seemingly as the first step of a larger project across multiple Oracle-owned properties in this area. Oracle previously negotiated a buyout of the 74-unit Town Lake Village community in 2021, with a reported sales price north of $43 million, and secured city approval for the site’s demolition in 2022.

A view of the Town Lake Village Condos, purchased by Oracle in 2021 and set to be demolished as part of the firm’s corporate campus expansion plans in this area. Image: Town Lake Village Condos

While the finer details of the project are not entirely clear from available documents, adding the Town Lake Village property to the area’s existing PUD is intended as the first step for an expansion of Oracle’s corporate campus into the western side of the development area, with a new 287,000-square-foot office building joining the three existing office structures now standing at the site — which together contain roughly one million square feet of space already — along with a 255-room hotel containing a conference center, event center, and fitness facility for Oracle employees.

A view of the area near the Town Lake Village condos where Oracle appears prepared to expand its corporate campus.

We’re expecting more details to emerge as the amendment process moves forward, with the item under the purview of Austin’s Planning Commission. Along with the seemingly unresolved nine-acre parkland swap between Oracle and the city approved by voters in 2021, it’s evidence that this region is increasingly defined by one tenant.

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