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Dominium buying, expanding affordable housing community
Buying a home

Dominium buying, expanding affordable housing community

​​DRIPPING SPRINGS – Dominium has acquired the Springs Apartments, a 76-unit affordable housing community at 289 Springs Ln. Built in 2001, the property ​has one- to three-bedroom units reserved for residents earning no more than 60 percent of the area median income. Dominium will construct 144 ad

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8 Austin Holiday Must Do’s for 2022
Lifestyle & events

8 Austin Holiday Must Do’s for 2022

Ready to explore and experience all of the holiday spirit that Austin has to offer? Grab your hot egg-nog and get ready to see some amazing holiday light displays and holiday events. We've put together a list of the 8 must-do's this holiday season in Austin, Texas. 1. Zilker Holiday Tree The Zilke

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Completion in sight for 31-story Congress Ave. hotel
Development & business

Completion in sight for 31-story Congress Ave. hotel

​​​AUSTIN – McWhinney is nearing completion on the Hyatt Centric Congress Avenue Austin, a 31-story hotel at 721 Congress Ave. The hotel will have 246 rooms, five suites, and 2,560 sf of meeting and event space. Nelsen Partners designed the project, which will open in February 2023.

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JV developing 1.7 million-sf Austin industrial park
Development & business

JV developing 1.7 million-sf Austin industrial park

​​​AUSTIN – Hines and Galesi Group are​ developing a 1.7 million-sf industrial park at the corner of Harris Branch Pkwy. and Parmer Ln. Phase one of the 150-acre project will have three buildings totaling 315,000 sf. Powers Brown Architecture designed the development.

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Ground Breaks on Shelby Ranch with Unique Ammeneties
Development & business

Ground Breaks on Shelby Ranch with Unique Ammeneties

​​​AUSTIN – Minnesota-based United Properties has started on Shelby Ranch, a 302-unit multifamily complex at 2212 Lynbrook Dr. The project will have t​wo four-story buildings with studio to three-bedroom options. Amenities will include a pool, garden, arts and crafts studio, fitness center, cowork

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October 2022 Central Texas Housing Market Report
Market, financing & tax

October 2022 Central Texas Housing Market Report

AUSTIN-ROUND ROCK MSA HOME PRICES STABILIZING CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — According to the Austin Board of REALTORS® October 2022 Central Texas Housing Market Report, median home prices across the MSA continued their recent trend of more stable and sustainable appreciation even while h

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Logistics project slated for Austin
Development & business

Logistics project slated for Austin

​​AUSTIN – Atlanta-based MDH Partners LLC is developing MDH Logistics Center, a 215,0​00-sf industrial project at 4777 E. SH 71. Construction on the $16 million project begins in April 2023 and wraps up in November 2023. ADB Design Services is the designer.

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Saison North affordable housing project in the works
Development & business

Saison North affordable housing project in the works

​​​​​AUSTIN – O-SDA Industries is developing Saison North, a 116-unit affordable housing project ​at 10010 N. Capital of Texas Hwy. The complex will have one-, two-, and three-bedroom floor plans. Seventy-six units wil​​​l be ​​reserved for residents earning up to 30, 50, and 60 percent of the are

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Wayfinder starts on Austin apartment, townhome project
Renting

Wayfinder starts on Austin apartment, townhome project

​​​AUSTIN – Wayfinder Real Estate LLC has begun work on Lookout, a 241-unit Class A apartment and townhome development at 13059 Four Star Blvd. The 231 apartments will come in one-, two-, and thr​ee-bedroom floor plans ranging from 568 to 1,522 sf. The ten townhome units will each be 1,547 sf with

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Sixth & Guadalupe tops out in Austin
Development & business

Sixth & Guadalupe tops out in Austin

​​​AUSTIN – Sixth & Guadalupe, a 66-story residential and office tower at 400 W. Sixth St., has topped out. The tower will have 349 apartments ​in studio and one- to three-bedroom floor plans ​and as 24 penthouses. There will also be 589,000 sf of Class A office space across 19 floors. Ka

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Medve Group picks up 144-unit Parkwood Terrace
Renting

Medve Group picks up 144-unit Parkwood Terrace

​ROUND ROCK – The Medve Group has acquired Parkwood Terrace, a 144-unit multifamily complex at 1201 E. Old Settlers Blvd. Parkwood Terrace has one-, two-, ​and three-bedroom units ranging from 777 to 1,300 sf. Amenities include a business center, fitness center, clubhouse, and pool. Institutional

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Work begins on the Square at Lohmans
Development & business

Work begins on the Square at Lohmans

​​​AUSTIN – Legend Communities has broken ground on the first phase of The Square at Lohmans, a mixed-use development at 1931 Lohmans Crossing. The project will ha​ve residential office, retail, restaurant, and hotel space. Residential offerings will include 150 homes of various offerings and 21

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938K-sf shopping center swaps hands
Local stories

938K-sf shopping center swaps hands

​​​​AUSTIN – Big V Property Group has acquired Southpark Meadows I & II, a 938,103-sf shopping center at 9600 S. I-35. The center was 95 percent leased at the time of sale. Tenants include Target, HomeGoods, Marshalls, Ross, Hobby Lobby, Burlington, Dave and Busters, Pluckers, Five Below, and

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43-story residential tower underway in Rainey
Development & business

43-story residential tower underway in Rainey

​AUSTIN – High Street Residential, MSD Partners, and River Street Partners have br​oken ground on 700 River, a 43-story, 377-unit residential tower. The 400,000-sf building at the intersection of River St. and Rainey St.​ will include 3,400 sf of ground-level retail and 30,000 sf of amenity space.

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1,400 homes coming to Community First! Village
Local stories

1,400 homes coming to Community First! Village

​​AUSTIN – Mobile Loaves & Fishes has started on a 127-acre expansion to its Community First! Village at 9301 Hog Eye Rd. The expansion will add 1,400 homes to the master-planned community. Move-ins will begin in 2025. Community First! Village currently houses nearly 400 residents, most o

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NRP Group begins work on affordable housing project
Development & business

NRP Group begins work on affordable housing project

​​​​​​AUSTIN – The NRP Group has broken ground on The Bridge at Estancia, a 318-unit multifamily complex at 820 Camino Vaquero Pkwy. The $70 million project will have one- to four-bedroom floor plans. All units are reserved for residents earning less than 60 percent of the area median income.​ A

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StreetLights breaks ground on The Maris
Development & business

StreetLights breaks ground on The Maris

​​​AUSTIN – StreetLights Residential has started on The Maris, a 276-unit multifamily project in the Presidio development. The Maris will have studios and one- two, and three-bedroom floor plans ranging from 517 to 1,684 sf. Amenities will include a pool, fitness center, game room, and coworking

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Skyview North trades hands
Renting

Skyview North trades hands

​​​​HUTTO – SPI Advisory has purchased Skyview North, a 336-unit multifamily community at 295 CR 138. The property​ has one-and two-b​edroom floor plans ranging from 830 to 1,174 sf. Amenities include a pool, fitness center, clubhouse and playground.​ [![texaslogo.png](https://assets.recenter.

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ASAP Holdings buys former Crowne Plaza Hotel
Local stories

ASAP Holdings buys former Crowne Plaza Hotel

​​​AUSTIN – ASAP Holdings has purchased the former Crowne Plaza Hotel at 500 N. I-35. The 293-unit property will be converted​ into a Delta Marriott hotel. Marcus and Millichap brokered the deal.

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Ground breaks on 524-acre Austin master-planned community
Development & business

Ground breaks on 524-acre Austin master-planned community

​​AUSTIN – Johnson Development Services has broken ground on Nolina, a 524-acre master-planned communi​ty off Ronald Reagan Blvd. Nolina will have 1,335 single-family homes. Amenities will include a pool, splash pad, fitness center, playground, event lawn, dog park, and pickleball court. Sales wil

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DaBella Exteriors picks up 75K-sf building for new HQ
Development & business

DaBella Exteriors picks up 75K-sf building for new HQ

​​AUSTIN – Oregon-based DaBella Exteriors has purchased Anderson Tower for its new corporate headquarters. The six-story, 75,034-sf building​ is at 400 E. Anderson St. Whitebox Realty represented DaBella.

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September 2022 Central Texas Housing Market Report
Market, financing & tax

September 2022 Central Texas Housing Market Report

BUYERS GAIN LEVERAGE IN AUSTIN-ROUND ROCK HOUSING MARKET AS SALES DECLINE, PRICE-GROWTH SLOWS CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — In September, the Austin–Round Rock MSA housing market continued to return to normal activity with more available supply and a softer appreciation of home price gro

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Infinity Park on the way to Austin
Development & business

Infinity Park on the way to Austin

​​​AUSTIN – Rastegar Property Company LLC has broken ground on Infinity Park, a 600,000-sf industrial complex at 11708 McAngus Rd. The four-building project will be built in two phases. Phase one will inclu​de three buildings totaling 357,000 sf. Building two is already fully leased. The facilit

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Brookfield planning 780K-sf industrial park
Development & business

Brookfield planning 780K-sf industrial park

​​​​AUSTIN – Brookfield Properties is developing Park 290, a 780,000-sf industrial park ​at 11653 Decker Ln. The four LEED-certified buildings will have clear heights ranging from 28 to 36 ft and car and trailer parking. The project awaits final approval from city council.

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