Austin
Hank Sells 30,000 Sq. Ft. of Retail Space in Downtown Austin
By Camelia Bulea, Associate Editor
Whit Hanks Properties recently sold a shopping center in downtown Austin to Endeavour Real Estate Group. The 29,739-square-foot shopping center, which is solely dedicated to home furnishings, is considered to be one of the city’s best […]
$350M to be Spent for the Transformation of Downtown Austin
By Camelia Bulea, Associate Editor
With a $1.6 million master plan, downtown Austin has great chances of changing its look with urban rail, better parks, wider sidewalks and moderately priced housing. The $350 million plan, which the City Council must first […]
Three Apartment Communities Up For Sale in Austin
By Camelia Bulea, Associate Editor
CB Richard Ellis Inc. recently announced that three large apartment complexes–Club Creek, Wildwood and Village at Riverdale–totaling 660 units, are up for sale.
The three properties are offered without a price and put to sale through receivership. […]
City Council Approves Development of Mixed-Use Project Near Barton Square Mall
By Camelia Bulea, Associate Editor
The mixed-use project near the Barton Creek Square Mall was approved last week by the Austin City Council with a unanimous vote. The project calls for 140 condominiums in two buildings, 86 townhomes, 75,819 square feet […]
New $20M Recycling Plant Breaking Ground in Austin
By Camelia Bulea, Associate Editor
Austin residents will benefit from a new $20 million recycling plant in Northeast Austin, which is set to open in the fall of 2012. The facility, which is being built on a 10-acre site, will process […]
Developers Eye 300-Room Hotels in Austin and Suburbs
By Camelia Bulea, Associate Editor
A 210-room hotel could be built in downtown Austin, on Congress Ave. The developer’s plan is to build a boutique hotel in the Bosche-Hogg Building, with 210 rooms and 120,000 square feet of office space, according […]
Will the Austin Council Decide in Favor of the $508 Million Water Treatment Plant?
By Camelia Bulea, Associate Editor
Since the 1970s, Austin Council members have been arguing over the water treatment plant matter, but haven’t yet passed a decision on whether the 40-year-old project should be built or terminated.
The time has come for city […]
American Campus Communities Starts Construction on Two $80 Million Student Projects
By Camelia Bulea, Associate Editor
American Campus Communities is currently working on a series of housing projects totaling $262 million. According to a press release issued by the Austin-based residential developer and manager, the company recently began construction on two university […]
Grayco Offers Max Stipend to Residents to Relocate
By Camelia Bulea, Associate Editor
Southeast Austin’s Shoreline Apartments are due for demolition and will be replaced with a project containing 1,200 apartments and up to 97,000 square feet of street-level retail. Grayco Partners first proposed the demolition in 2009, but […]
Camden Aquires Two Austin Properties as Part of $261M Texas Portfolio
By Camelia Bulea, Associate Editor
As of last week, Camden Property Trust owns eight high-quality apartment communities throughout the state of Texas—specifically, in the Austin, Dallas, Houston and San Antonio metropolitan areas. These consist of 2,957 apartment homes that were built […]