Pursuit Sports Secured Austin Office Lease

The firm owned by the Friedkin family is preparing office space near South Congress Avenue.

Updated on Sept. 29, 2026 in Remote Work

Isometric editorial illustration of industrial copper pipes against a brick wall, symbolizing commercial development and facility renovation.
Pursuit Sports, owned by the Friedkin family, has secured a 7,000-square-foot office lease in Austin to support potential NHL expansion efforts. AI Illustration. Upload story photo >

Live Poll

Should local governments use public funds to help build new professional sports arenas?

Pursuit Sports has signed a lease for a 7,000-square-foot office space at 1011 South Congress Avenue in Austin. The site is undergoing $200,000 in renovations.

Why it matters

The Friedkin family is currently exploring the development of a potential National Hockey League expansion franchise in either Austin or Houston. The firm has secured an exclusive term sheet with the NHL for the multibillion-dollar project.

The firm is investing $200,000 to renovate a 7,000-square-foot office suite. This space occupies a portion of a larger building that spans 163,000 square feet.

The players

Dan Friedkin

He is the business owner who previously acquired the AS Roma and Everton soccer clubs.

National Hockey League

This is the professional ice hockey organization currently evaluating expansion markets.

Pursuit Sports

This is a venture owned by the Friedkin family that is managing the recent real estate acquisition.

The details

Renovations are currently underway at the South Congress Avenue location to prepare the property for operational use. This office establishment supports the family's broader interest in the $3.5 billion arena project currently under evaluation.

Timeline

  1. Dan Friedkin purchased AS Roma in 2020.

  2. Dan Friedkin purchased Everton in 2024.

  3. The NHL and the Friedkin family discussed an exclusive term sheet in the summer of 2026.

  4. Pursuit Sports finalized the lease agreement in September 2026.

Market Landscape

The firm's move to establish a base in Austin follows the pattern of development required to support the National Hockey League expansion franchise criteria. By securing local real estate, the ownership group positions itself to facilitate the logistical demands of a potential $3.5 billion stadium.

The presence of a new sports ownership office on South Congress Avenue may signal upcoming commercial activity or shifts in land use for the surrounding district. Residents should monitor local planning filings to understand the future footprint of the proposed arena project.

The takeaway

This lease expansion highlights the ongoing efforts of private entities to secure high-visibility real estate as a foundation for massive infrastructure developments. Readers should note that while office space is confirmed, final construction plans for the arena remain subject to league approval.

Further reading

For more on how local businesses are adapting to shifting labor and industry demands, see the latest Remote Work updates.

Source note: This article includes information reported by The Real Deal New York.

Live Poll

Should local governments use public funds to help build new professional sports arenas?