January 9, 2017
The former home of Texas Discount Furniture on Austin, TX’s North Lamar Boulevard will undergo conversion into the headquarters of Red Velvet Events. The Austin-based event planning company acquired the 11,579-square-foot space late last year, with plans to renovate it into a creative office space.
The company’s plan is to move 25 employees from its current location at Plaza 7000, on North Mopac, to the new location at 7121 N. Lamar by late 2017. The Travis Central Appraisal District valued the asset at just under $1 million.
Cindy Lo, Red Velvet Events’ owner, indicated the current building’s brick façade would be converted into an all-glass front, with the back parking area renovated into a workspace. “It’s an opportunity to revitalize an empty building in my neighborhood, and truly own the design and feel of my company’s work space,” Lo stated.
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