Posting Language
Title
Authorize negotiation and execution of an amendment to the lease agreement with WSP USA, Inc., a New York for-profit corporation (WSP), for 13,795 square feet of office space in the City's Two Barton Skyway Building located at 1601 South MoPac Expressway, Suites 300D and 325D, Austin, Texas 78746, to extend the term of the lease for an additional five months, from May 1, 2026, through September 30, 2026. Funding: This item is projected to result in additional revenue of $158,538 in the Fiscal Year 2025-2026 Operating Budget of Austin Facilities Management.
De
Lead Department
Austin Financial Services.
Fiscal Note
This item is projected to result in additional revenue of $158,538 in the Fiscal Year 2025-2026 Operating Budget of Austin Facilities Management.
Prior Council Action:
October 12, 2024 - Council approved the negotiation and execution of all documents and instruments necessary or desirable to acquire in fee simple approximately 13.83 acres, including two four-story Class A office buildings totaling approximately 390,963 square feet of office space and two five-level parking garages with approximately 1,551 garage and surface parking spaces, for municipal offices, located at 1501 and 1601 South Mopac Expressway, Austin, Texas 78746, from G&I VII Barton Skyway LP, in an amount not to exceed $107,892,000, including closing costs.
For More Information:
Brandon Williamson, Austin Financial Services, 512-974-5666; Michael Gates, Austin Financial Services, 512-974-5639; Kimberly Olivares, Austin Financial Services, 512-974-2924.
Additional Backup Information:
The purpose of this item is to authorize negotiation and execution of an amendment to the lease agreement with WSP USA, Inc., a New York for-profit corporation (WSP), for Suite 300D and Suite 325D, consisting of approximately 13,795 rentable square feet of office space, in the City's future public safety headquarters facility located at 1601 South Mopac Expressway, Austin, Texas...
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