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Cousins Properties to Commence Development of Domain 9 in Austin


Cousins Properties to Commence Development of Domain 9 in Austin
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ATLANTA, April 29, 2021 /PRNewswire/  Cousins Properties (NYSE: CUZ) announced today that it plans to commence development of Domain 9, a 335,000 square foot office building in Austin, during the second quarter of 2021.  The total project cost is anticipated to be approximately $147 million with delivery slated for mid-2023.
Since our entry into the Domain submarket of Austin in 2019, demand for Class A office space from fast-growing, high-credit customers has only grown, said Colin Connolly, President and Chief Executive Officer of Cousins Properties.  Commencing development of Domain 9 gives us the opportunity to continue to capture this demand.  Our existing 2.1 million square foot Domain portfolio is 98% leased, and we have the ability to develop an additional 1.7 million square feet, including Domain 9, in the heart of the submark ....

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