Metis Capital LLC is proud to announce a new milestone at its thriving Sheldon Cove development: Building 4, a purpose-built structure that will house Austin Padel Center, the city’s first premier indoor padel facility. th Austin Padel Center joins an active community of tenants at Sheldon Cove — including Mesa Rim Climbing Gym (50,000 SF) and Wonderspaces Interactive Art Gallery (30,000 SF) — underscoring Metis Capital’s vision to create dynamic, experience-driven environments where sport, art, and community converge.
World-Class Sports Meets Austin Culture
Founded by the van Veggel Family Office, whose global portfolio spans real-estate, sports, and event ventures — from the Lisbon Racket Center (sold to Cristiano Ronaldo in 2024), to the ATP 250 Millennium Estoril Open — the group now brings its pedigree to the United States with Austin Padel Center. The forthcoming 22,000 SF complex will feature six indoor and three outdoor climate-controlled courts, a sports bar, recovery lounge, private meeting rooms, a pro shop, and state-of-the-art locker rooms. A temporary pop-up padel facility will debut February 1, 2026, followed by full completion in Q3 2026. “After decades developing real estate and operating sports businesses — many centered on racket sports — we’re thrilled to bring the Padel Center brand to Austin with the support of Metis Capital,” said Benno van Veggel, Founder of van Veggel Family Office and Austin Padel Center. “Our vision is to make Austin Padel Center a true destination where sport, community, and culture intersect.” PRESS RELEASE November 7th, 2025 Austin Padel Center and Metis Capital Partner to Bring Austin’s First Premier Indoor Padel Facility to Sheldon Cove Metis Capital LLC has a partnership with the van Veggel Family Office to introduce Austin Padel Center, a premier indoor and outdoor padel complex at 1205 Sheldon Cove. This first-of-its-kind facility in Austin will feature nine regulation courts, social and wellness amenities, and community-driven programming designed to bring the global padel movement to Central Texas. The project strengthens Austin’s reputation as a hub for innovation, lifestyle, and sport.
The Rise of Padel:
A Global Movement Originating in Mexico and flourishing across Spain and Europe, padel is now the fastest-growing sport in the world, played by over 25 million people in more than 100 countries. Blending the strategy of tennis with the speed and sociability of squash, padel is prized for its accessibility, team-based format, and community atmosphere. Popping up cultural hubs including Dubai, London, New York City, Miami, and many more, padel clubs are becoming epicenters for networking, fitness, and social connection. Austin Padel Center aims to channel that same energy — positioning Austin as a new American capital for padel culture.
About Metis Capital LLC Metis Capital LLC (www.metiscre.com) is an Austin-based real-estate investment and development firm dedicated to creating innovative, experience-driven environments. Its portfolio spans mixed-use, retail, and creative projects designed to reflect the energy and authenticity of Austin’s growing economy.
About Austin Padel Center: Austin Padel Center (www.vxcapgroup.com) is developed by the van Veggel Family Office, a global investment group with expertise in real-estate, sports, and hospitality ventures. The Center will be Texas’ first premier indoor padel facility, delivering world-class amenities and a community-first experience for athletes and enthusiasts alike.
