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Barton Creek Bike Bridge Receives Seed Funding from Austin Corporations

AUSTIN, Texas— SolarWinds, a leader in network management software, along with Brandywine Realty Trust and Commercial Texas, today announced the launch of “Friends of Barton Creek Bike Bridge,” an effort to raise funding and support for the bicycle bridge slated for MoPac Expressway, located South of Highway 360 over Barton Creek, with a gift of $30,000. The first of its kind in Austin, the hanging bridge will provide easy and safe bicycle access from the urban core of Austin to Southwest Austin.

The three companies—joined by Travis County Commissioner Sarah Eckhardt and Austin City Council Members Sheryl Cole, Lee Leffingwell, Mike Martinez and Brewster McCracken, along with officials from the Austin Parks Foundation and the City of Austin Public Works Department for the announcement—are donating $10,000 each as a show of support for the bridge project and to announce SolarWinds’ signed lease at The Park on Barton Creek, a commercial development located within walking distance of the planned bridge.

SolarWinds signed the lease for 65,000 square feet, or three floors, at The Park on Barton Creek, earlier this month. The two-building, 210,000-square-foot project was completed in late 2007 by Brandywine Realty Trust. 

“We’re excited about the city’s plans to build a bridge for pedestrians and cyclists under MoPac at Barton Creek, right at the front steps of our new corporate home,” Mike Bennett, chief executive officer, SolarWinds, said. “As a corporate resident of this area, we are delighted that we’ll be part of an effort to reduce car trips and to encourage biking and walking.”

The current bridge at South MoPac has been identified by the Mayor’s Street Smarts Task Force as being one of the major barriers to bicycle and pedestrian connectivity in Austin for recreational and transportation purposes.

According to the City of Austin Department of Public Works, currently, approximately 8,000 people commute to their jobs by bicycle every day in Austin. That number is expected to quadruple by 2015.

The Barton Creek Bike Bridge has been approved by the City of Austin. Funding for the bridge will come from bond monies or through funding from the Capital Area Metropolitan Planning Organization (CAMPO). Corporate and private donations increase the project’s ranking in the CAMPO matrix that determines which projects will receive funding first.

“Efforts such as these by Austin's corporate community are commendable, as they help the City implement multiple transportation goals,” Joe Ramos, acting director, Department of Public Works, City of Austin, said.

Contributions to the bike bridge may be made to the Austin Parks Foundation with a reference to “Friends of Barton Creek Bike Bridge.”

SolarWinds
SolarWinds is a leading provider of Windows-based network management, monitoring, and discovery software. SolarWinds products are geared to customers who need a scalable, easy-to-use network management solution for 250 to 10,000 managed elements at an affordable price point. More than 45,000 customers spanning the Fortune 500, mid-market businesses, military, government agencies, and education institutions have chosen SolarWinds to reduce network downtime, monitor network performance, manage network compliance and change, and improve staff efficiency. For more information, please visit www.solarwinds.com.

Brandywine Realty Trust
Brandywine Realty Trust, one of the Nation’s largest full-service real estate companies, is a completely integrated, real estate operating company organized as a real estate investment trust (REIT). Brandywine is engaged in the ownership, management, leasing, acquisition and development of office and industrial properties located in strategic markets across the United States. Brandywine Realty Trust is headquartered in Radnor, PA and maintains regional offices in Mount Laurel, NJ; Richmond, VA; Dallas, TX; Falls Church, VA; Oakland, CA; Austin, TX, and Carlsbad, CA. Shares are traded on the New York Stock Exchange under the symbol BDN. For more information, please visit www.brandywinerealty.com

Commercial Texas
Founded in 1997, Commercial Texas built its reputation by delivering expert services to clients. Commercial Texas develops strategic and financially advantageous real estate solutions through teamwork, knowledge-sharing, and by hiring only skilled professionals with top-flight area market expertise. Commercial Texas’ analytical approach, experience in transactional negotiations, and understanding of the Central Texas market provides clients with unmatched guidance in developing and structuring unique real estate solutions. For more information, please visit www.commercialtexas.com

Media Contact:
Susan Torrey
pr@solarwinds.com
650-492-1921