VC Holdings Registers $60M Warehouse Near Austin Airport

VC Holdings QOZ LP registered a $60.0 million warehouse project with the Texas Department of Licensing and Regulation on Oct. 16, 2026, for a 285,000 sq ft building at 11505 1/2 Spirit Drive in southeast Austin, near Austin-Bergstrom International Airport. The filing names the job “Project Phantom” and lists it as new construction.

Why it matters

The owner’s name carries a Qualified Opportunity Zone label, a federal structure that lets investors defer and reduce capital gains tax on money placed in designated low-income census tracts. The filing does not say whether this site sits in one. For developers and contractors watching industrial land near the airport, the record puts a $60 million, 285,000 sq ft build on the calendar for January 2027, with no tenant named.

The numbers

The TDLR record lists an estimated cost of $60,000,000 for 285,000 sq ft of new warehouse construction, plus site improvements and parking, at 11505 1/2 Spirit Drive in Travis County. The project was registered Oct. 16, 2026, with an estimated start date of Jan. 11, 2027, and estimated completion Oct. 11, 2027, a nine-month construction window. The design firm of record is Mackenzie, based in Portland, Oregon. The owner’s address is 1601 Rio Grande St, Suite 300, Austin, Texas 78701. No tenant is named on the filing.

What’s next

TDLR registration is a state accessibility-compliance filing triggered once a project’s estimated cost clears $50,000, not a City of Austin building permit. The next public records to watch are a City of Austin site plan and building permit covering the same Spirit Drive address, which would confirm the project is moving from paper to dirt on schedule for the January 2027 start. No tenant has surfaced yet, so a lease filing or a building permit naming an occupant would be the next marker worth tracking in Austin’s industrial market.

Sources: TDLR TABS registration TABS2027003791