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The Domain

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The Domain

The Domain is a high-density business, retail, and residential center operated by Simon Property Group and Endeavor Real Estate Group, and is located in the high-tech corridor of northwest Austin, Texas. It is bordered on the west by Union Pacific Railroad, on the west and north by Loop 1, on the south by Braker Lane, and on the east by Burnet Rd. The initial phase of the project was completed in March 2007.The initial Domain site consists of 57 acres (230,000 m2) and stands on the former site of Century Oaks Park, a multi-purpose recreational facility for IBM employees and their families. The park was so named for the century-old trees contained within. The land was purchased from IBM, and demolition of the park began in 2004.Additional land for The Domain is being reclaimed from vacant IBM manufacturing and administrative buildings, as well as driveways and parking lots that were once part of the original IBM campus.The developers were granted tax subsidies in 2003 from the City of Austin and Travis County. Total developer compensation is a maximum of a net present value of $25 million. The developer keeps 80 percent of the city's sales tax for the first five years and 50 percent for the next 15 years. Plus, 25 percent of the property tax is rebated back to the developer for the entire 20-year period. The city of Austin expects to take in about $40 million in sales and property taxes over the 20 years of the incentive agreement.The first phase of the project, The Domain, opened on March 9, 2007, and includes 700,000 square feet (65,000 m2) of restaurants, office space, upscale retail stores, apartments, and a hotel. The retail portion of the project has attracted many retailers and restaurants new to the Austin market. An 80,000 sq ft (7,400 m2). Neiman Marcus and a Macy's anchor (with Macy's fulfilling an earlier commitment by Foley's), along with 70 specialty stores, including an Apple Store, a Barneys New York CO-OP store, Burberry, Victoria's Secret, Tiffany & Co., BCBG Max Azria, Calypso Christiane Celle, Anne Fontaine, Lacoste, Lilly Pulitzer, Betty Sport, and a Borders Group bookstore. The shopping center notably is also one of the short list of locations containing outlets for two new store concepts - Abercrombie & Fitch Co.'s RUEHL 925, targeting affluent young professionals, and American Eagle Outfitters' adventure-oriented Martin + Osa. Restaurants include McCormick & Schmick's, Daily Grill, Jasper's, Kona Grill,The Steeping Room, & California Pizza Kitchen.

Practical Information

Location: Austin, Texas, USA

Official site: http://www.simon.com/mall/default.aspx?ID=1207

Owner: Simon Property Group

Opened: 2007

Nb of stores: 71

Anchor tenants: 2

Hotels nearby

250 yd - Aloft Austin At The Domain Hotel

Aloft Austin At The Domain Hotel is perfectly located for both business and leisure guests in Austin (TX). The hotel offers guests a range of services and amenities designed to provide comfort and conRead morevenience. Coffee shop, tours, meeting facilities, laundry service/dry cleaning, elevator are just some of the facilities on offer. Guestrooms are fitted with all the amenities you need for a good night's sleep, including ironing board, daily newspaper, television, non smoking rooms, separate shower and tub. Access to the hotel's outdoor pool, kids club, gym will further enhance your satisfying stay. For reliable service and professional staff, Aloft Austin At The Domain Hotel caters to your needs.Hide

250 yd - The Westin Austin at The Domain Hotel

The 4-star The Westin Austin at The Domain Hotel offers comfort and convinience whether you're on business or holiday in Austin (TX). The hotel offers a wide range of amenities and perks to ensure youRead more have a great time. Pets allowed, meeting facilities, concierge, 24hr room service, restaurant are on the list of things guests can enjoy. Designed for comfort, guestrooms offer television, air conditioning, hair dryer, coffee/tea maker, internet access – wireless to ensure a restful night. Take a break from a long day and make use of spa, outdoor pool, gym. Friendly staff, great facilities and close proximity to all that Austin (TX) has to offer are three great reasons you should stay at The Westin Austin at The Domain Hotel.Hide

305 yd - Fairfield Inn & Suites Austin Northwest

Discover all that Austin (TX) has to offer with Fairfield Inn And Suites By Marriott Austin Northwest Hotel as a base. All hotel's guestrooms have all the conveniences expected in a hotel in its classRead more to suit guests' utmost comforts. Modern comfort and convenience are seamlessly combined to ensure the guests' satisfaction. The hotel provides a warm and welcoming service of international standard. To make your reservation at the Fairfield Inn And Suites By Marriott Austin Northwest Hotel via our secure online booking form, please submit your visit dates.Hide

724 yd - SpringHill Suites Austin Northwest/Arboretum

Guests of the SpringHill Suites by Marriott Austin Northwest/Arboretum in Austin, Texas, will find themselves cocooned in "make yourself at home" comfort. Conveniently located near the corporate officRead morees of Dell Computers, IBM and National Instruments and nine miles from the University of Texas at Austin campus, the hotel is an ideal destination for business travelers and visitors in town to see the sights. The hotel is 18 miles from Austin Bergstrom International Airport. Guests are invited to enjoy the heated outdoor pool and jetted tub, or utilize area fitness trails and tennis courts. Golfers can tee off at one of several beautifully manicured neighboring golf courses. Same day laundry and dry cleaning services are available. The hotel provides daily complimentary breakfast buffets, and evening hospitality hours with complimentary beverages and hors d'oeuvres are held several nights each week. A variety of dining options are within three miles of the hotel. The 84 guest suites at the SpringHill Suites by Marriott Austin Northwest/Arboretum feature comfortably furnished living and dining areas, and kitchens with microwave ovens, refrigerators and coffeemakers. Well lit executive desks offer data ports and complimentary high speed Internet access. Hide

781 yd - Homewood Suites by Hilton Austin-Arboretum/Northwest

The Homewood Suites Austin Aboretum - NW Hotel is located in Austin (TX) making it one of the best hotels to stay at while in town. The Homewood Suites Austin Aboretum - NW Hotel boasts a convenient lRead moreocation with modern amenities in every guestroom and superb service. This hotel is characterized by a combination of modern comfort and traditional element of Austin (TX), making it a distinct accommodation. To proceed with this reservation at the Homewood Suites Austin Aboretum - NW Hotel, please enter your visit dates and follow our secure online booking form.Hide

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More info

The Domain –

The Domain is a high-density business, retail, and residential center operated by Simon Property Group and Endeavor Real Estate Group, and is located in the high-tech corridor of northwest Austin, Texas. It is bordered on the west by Union Pacific Railroad, on the west and north by Loop 1, on the south by Braker Lane, and on the east by Burnet Rd. The initial phase of the project was completed in March 2007.The initial Domain site consists of 57 acres (230,000 m2) and stands on the former site of Century Oaks Park, a multi-purpose recreational facility for IBM employees and their families. The park was so named for the century-old trees contained within. The land was purchased from IBM, and demolition of the park began in 2004.Additional land for The Domain is being reclaimed from vacant IBM manufacturing and administrative buildings, as well as driveways and parking lots that were once part of the original IBM campus.The developers were granted tax subsidies in 2003 from the City of Austin and Travis County. Total developer compensation is a maximum of a net present value of $25 million. The developer keeps 80 percent of the city's sales tax for the first five years and 50 percent for the next 15 years. Plus, 25 percent of the property tax is rebated back to the developer for the entire 20-year period. The city of Austin expects to take in about $40 million in sales and property taxes over the 20 years of the incentive agreement.The first phase of the project, The Domain, opened on March 9, 2007, and includes 700,000 square feet (65,000 m2) of restaurants, office space, upscale retail stores, apartments, and a hotel. The retail portion of the project has attracted many retailers and restaurants new to the Austin market. An 80,000 sq ft (7,400 m2). Neiman Marcus and a Macy's anchor (with Macy's fulfilling an earlier commitment by Foley's), along with 70 specialty stores, including an Apple Store, a Barneys New York CO-OP store, Burberry, Victoria's Secret, Tiffany & Co., BCBG Max Azria, Calypso Christiane Celle, Anne Fontaine, Lacoste, Lilly Pulitzer, Betty Sport, and a Borders Group bookstore. The shopping center notably is also one of the short list of locations containing outlets for two new store concepts - Abercrombie & Fitch Co.'s RUEHL 925, targeting affluent young professionals, and American Eagle Outfitters' adventure-oriented Martin + Osa. Restaurants include McCormick & Schmick's, Daily Grill, Jasper's, Kona Grill,The Steeping Room, & California Pizza Kitchen.

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