Lantana is a 500-acre mixed use development located on Southwest Parkway south of the Barton Creek community. It offers convenient access to retail area highways and the Austin Bergstrom International Airport. The property is entitled for more than 2 million square feet of office and retail development on 19 existing tracts. The Lantana community currently includes four office developed by Stratus Properties, two luxury apartment complexes, 139 condominium and 330 single family homes. In April 2006, Stratus sold 58 acres to Advanced Devices for AMD's Austin Headquarters.
Stratus recently completed the first phase of Lantana Place, a theater-anchored mixed-use project including approximately 100,000 square feet of retail and restaurant use and a 145‐room hotel.