News
A new low-income, downtown housing project?
2 Feb 2012Foundation Communities is currently working on a low-income housing development at 11th and Trinity streets. The project, called Capitol Terrace, will include 135 small apartments with monthly rents in the $400 to $650 range, utilities included. They hope to complete the project and open in early 2014. Reference: First low-income housing project in decades planned [...] Read More »
Austin-area home sales jump 19% in October
18 Nov 2011“With October marking the fifth straight month in which home sales volume has outpaced the prior year, it’s clear that demand for real estate continues to drive the economic recovery in Austin,” said Judith Bundschuh, chairwoman of the Austin Board of Realtors…. [Read More]. Read the rest of the story on the Statesman’s website. Read More »
Downtown Condo Sales Are Strong
23 Oct 2011So far this year buyers have already purchased more than 250 condos in the four newest downtown towers. Sales are strong and the supply of new condos downtown is dwindling quickly. There are only about 400 new units left on the market, and new supply isn’t expected to come to market for the next 4 [...] Read More »
Armstrong Bikeway Facing Temporary Closure
3 Oct 2011A section of the Lance Armstrong Bikeway that follows Shoal Creek, between Cesar Chavez St and West 3rd St, will close in October for utility work. Unfortunately, this long-term project will take some time. How much time? Well, how about 10 Months! If you bike to work or walk the lake along this path, then [...] Read More »
Gables at Park Plaza, Building B
25 Sep 2011Work will begin soon on Gables Park Plaza II, or Gables Park Plaza Building B, or Gables Park Plaza Tower, or whatever you want to call it. Construction on the new 18 story building is expected to start early next year. As currently envisioned, the building will contain about 222 residential units, office space, and [...] Read More »
Tarlton 360 Townhomes Moving Forward
12 Sep 2011When complete the entire project will have more than 700,000 square feet of townhomes, condos, office space, and ground-floor retail. Phase 1 of the Tarlton 360 project, which include the construction of 86 townhomes, should break ground by the end of this year. Phases 2 and 3, which include 140 condominiums in 2 buildings and [...] Read More »
ACC to develop Highland Mall?
8 Sep 2011“The portrait of a thriving public-private complex with perhaps 1,250 residential units and patches of open space emerges from four concept plans produced as the college acquired all of the land and some of the buildings at the North Central Austin site in a series of transactions totaling $41 million.” References: ACC plans for Highland [...] Read More »
$2 Million for Auditorium Shores
8 Sep 2011Texas Parks and Wildlife will provide matching funds for the $1 million approved from Austin voters. Work on the project, which could start as early as next summer, will also include much needed improvements to parking and restroom facilities. References: $1 million grant will spruce up Auditorium Shores Lady Bird Lake trails to be revamped Read More »
Home prices still falling, but not in Austin
1 Sep 2011Austin-area home prices continued to hold steady but most markets in the U.S. are still waning. That’s according to the latest Home Price Index report by CoreLogic Inc., which showed July 2011 Austin-area home prices rising by 0.1 percent over prices in July 2010. That’s when distressed sales were included. When distressed sales aren’t factored [...] Read More »
Will Austin become known internationally for sports, not music?
21 Aug 2011Austin may bill itself as the live music capital of the world, but not everyone buys, or has even heard of, that hype. “If I say to the next person (in Australia) that I was in Austin, they’d probably say, where?” said Craig Gabriel, a Sydney-based freelance journalist. Gabriel travels the world covering professional tennis, [...] Read More »
