Motorola’s 110-acre campus located six miles from downtown Austin and near Austin Bergstrom International Airport was largely abandoned and sat stagnant for more than a decade prior to purchase by Zen Garden, LP. The developer’s goal was to redevelop the property into a 110-acre mixed use campus with offices, hotels, and retail spaces. Unfortunately, legal disputes among its partners and with its senior secured lender led to a cessation of meaningful redevelopment work, a failed receivership proceeding in state court and ultimately an involuntary Chapter 11 filing.
3443 Zen Garden, LP
