An 84 acre mixed use development at the gateway to East Austin's Tesla driven growth corridor.
Located at the northwest corner of FM 969 and FM 973 in Austin, TX, CART 85 is a ±84 acre mixed use development positioned at one of East Austin's most strategically important intersections, just minutes from Tesla's Gigafactory Texas and the SH 130 toll corridor. The site sits in the only quadrant of the FM 969 and FM 973 intersection unencumbered by floodplain or easements, offering a rare developable footprint of scale in a submarket where most adjacent land is constrained. Full utility capacity from the City of Austin is scheduled for delivery in Q2 2027.
The property is master planned as a fully integrated mixed use community combining pads and retail space along the FM 969 and FM 973 frontage, a 350 unit multifamily community, two single family residential phases, and a 50,000 SF Atomic Golf entertainment venue serving as the project's signature destination anchor. Site access is engineered for high performance, with full access and right in / right out drives at both FM 969 and FM 973, a signalized intersection at the southeast corner, and direct connectivity to three major arterials: FM 969, FM 973, and SH 130.
The development sits at the center of one of the most active employment and industrial growth corridors in Central Texas, with close proximity to Tesla's Gigafactory Texas (12,000 employees, global production hub for the Cybertruck, Model Y, and battery cells), The Boring Company (100 employees), the 500,000 SF Starlink factory site, the proposed ±1,100,000 SF Juniper Crossing industrial development by LINK, the 180 acre Lovett Park 130 industrial development, and multiple proposed mixed use developments at the SH 130 and FM 973 interchange. The immediate trade area is further supported by approximately 1,200 multifamily units and 280 single family homes within the surrounding development, alongside Lariat B Ranch, Imperial Park, Austin Hills Commerce Center, and a planned 2,700 acre mixed use development to the west. Traffic counts at the site include 52,001 CPD on SH 130, 19,911 CPD on FM 969, 18,216 CPD on FM 973, and 25,890 CPD on the west side of the property. The five mile trade area boasts a 2025 population of 211,100, a daytime population of 181,747, and an average household income of $114,046.