More industrial development is headed the way of Leander, a suburb 30 miles north of Austin. Baltimore's St. John Properties announced Friday that it's broken ground on  Leander Tech Park, a 270,000-square-foot industrial project that will be located on the northern outskirts of Austin at the southwest corner of West State Highway 29 and Ronald Reagan Boulevard.

The 50-acre business park will have eight buildings ranging in size from 31,560 to 50,639 square feet, to be developed in phases.

Construction for Phase I, which will consist of two buildings totaling roughly 90,000 square feet, will start later this year and is expected to be complete in the third quarter of 2025.  The park will also feature 18,850 square feet of inline retail space.

Colin Tierney and Taylor Golden of Gold Tier Real Estate represented the seller, Chicago steel fabricator Zekelman Industries, in the disposition of the land. Zekelman subsidiary Z Modular is developing a number of properties in the Austin metro.