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Work begins on Texas' tallest tower
Development & business

Work begins on Texas' tallest tower

​​​​AUSTIN – Lincoln Property Company and Kairoi Residential have broken ground on Waterline, a 74-story high rise at 98 Red River St. At 1,022 ft, the project will be the tallest tower in Texas, beating out Houston's JPMorgan Chase Tower by 20 ft. Waterline will have 352 apartment units, 700,00

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Sterling Equities picks up 306-unit Zoey Apartments
Renting

Sterling Equities picks up 306-unit Zoey Apartments

​AUSTIN – Sterling Equities has purchased Zoey Apartments, a 306-unit luxury community in the East Riverside neighborhood. The project has 38 affordable units, a fitness area, pool, rooftop lounge, bike storage facility, dog wash area, co-working spaces, and recreation areas. The seller, Michaels

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30.6 Hutto acres slated for 276-unit BTR community
Renting

30.6 Hutto acres slated for 276-unit BTR community

​HUTTO – Empire Group has purchased 30.6 acres east of SH 130 for Village at Hutto Station. The 276-unit build-to-rent project will have one-, two-, and three-bedroom homes, a pool, fitness center, community clubhouse, outdoor grilling areas, and private backyards. Land Advisors brokered the deal.

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Siena Round Rock Apartments under new ownership
Renting

Siena Round Rock Apartments under new ownership

​​​​ROUND ROCK – RightQuest Residential has sold Siena Round Rock Apartments, a [newly constructed luxury co​mmunity](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=25399) at 6531 County Rd 110. The community has 198 one- and two-bedroom units and was 97 percent lease​​d at the time of sale

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Epicor Software inks 45K-sf lease for new HQ
Renting

Epicor Software inks 45K-sf lease for new HQ

​​​​AUSTIN –​ Epicor Software has signed a 45,496-sf headquarters lease in the Las Cimas neighborhood. CBRE represented the tenant. Cushman and Wakefield represented the landlord, Rockpoint.

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Beacon buys The Foundry
Development & business

Beacon buys The Foundry

​​AUSTIN – Beacon Capital Partners has purchased The Foundry from Tishman Speyer. The two-building, 240,000-sf office complex was 96 percent leased at the time of sale. Cushman & Wakefield represented Tishman Speyer, which purchased the two buildings in [January 2021 ](https://www.recenter.ta

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Zilker Point office tower in the works
Development & business

Zilker Point office tower in the works

​AUSTIN – Generational Commercial Properties and DivcoWest are developing a seven-story office tower at 218 S. Lamar St. Called Zilker Point, the proj​ect will have 192,000 sf of office space, 15,000 sf of retail space, and 635 parking spaces. Amenities will include a fitness center, community art

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South Austin Array Apartments gets 'Disrupt'-ed
Market, financing & tax

South Austin Array Apartments gets 'Disrupt'-ed

​​​​AUSTIN – Disrupt Equity has acquired Array Apartments, a 369-unit multifamily complex at 2101 Burton Dr. Built in 1973, the community​ has one-, two-, and three-bedroom options. Amenities include two pools, two dog parks, a sports court, clubhouse, outdoor grilling, and onsite laundry faciliti

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Austin Texas Pool and Splash Pad Map
Local stories

Austin Texas Pool and Splash Pad Map

Looking to cool off from the Texas weather? Explore Austin Pool and Splash Pads location and hours of operations below. Blue = Open Red = Closed

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Rangewater bringing 25-acre townhome, apartment community to Manor
Renting

Rangewater bringing 25-acre townhome, apartment community to Manor

MANOR – RangeWater Real Estate has broken ground on The Darby, a 25-acre multifamily community near the S​hadow Glen Golf Club and Austin Executive Airport. The property will have 24 townhomes, 326 apartment units, a fitness center, private garages and outdoor areas, and common-area amenities. The

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West Austin apartments under new ownership
Renting

West Austin apartments under new ownership

​​AUSTIN – The Connor Group has sold Barton Creek Villas to a fund backed by Goldman Sachs Asset Management. Built in 1998 at 2716 Barton Creek Blvd., the 250-unit community has one-, two-, and three-bedroom floor plans averaging 1,049 sf. Amenities include a pool, fitness center, club​house with

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Three Austin-area self-storage facilities sold
Selling a home

Three Austin-area self-storage facilities sold

​​​​AUSTIN – California-based SecureSpace Self Storage has purchased three local self-storage facilities totaling approximately 1,600 units. Two prop​erties are within the city limits at 8200 S. I-35 Service Rd. and 8327 S. Congress Ave. The third is in Bee Cave. The properties are part of a lar

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363K-sf multifamily complex planned for north Austin
Development & business

363K-sf multifamily complex planned for north Austin

​AUSTIN – Kittle Property Group is developing a 363,000-sf multifamily community near Samsung's new semiconductor factory. The $31.4 million property will have 12 residential buildings, nine garage buildings, and a clubhouse. Construction begins this fall and will be finished in 2025. [![texaslo

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

July 2022 Central Texas Housing Market Report

AUSTIN-ROUND ROCK MSA HOUSING MARKET CONTINUES TO NORMALIZE AS PRICE GROWTH SLOWS, INVENTORY RISES CENTRAL TEXAS HOUSING REPORT AUSTIN, TX — The Austin-Round Rock MSA housing market continued to trend towards more normal and sustainable levels in July, according to the Austin Board of REALTORS® July

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Zion buys five Austin-area multifamily properties
Selling a home

Zion buys five Austin-area multifamily properties

​​AUSTIN – Locally based Zion Capital Group LLC has purchased five multifamily properties totaling 325 units.​ MCP Mueller Place LLC sold Mueller Place Apartments to Zion. The portfolio is comprised of the 86-unit Mueller Place I at 5800 Wellington Dr. and 24-unit Mueller Place II at 6301 Berkman

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399-unit Sendaro at Trace on the way
Renting

399-unit Sendaro at Trace on the way

​​​SAN MARCOS – Highpointe Communities has started on Sendero at Trace, a 399-unit multifamily complex. The $73 million project will have one-, two-, and three-bedroom options ranging from 775 to 1,300 sf. Amenities will include a pool, fitness center, clubhouse, and outdoor gathering space. Units

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Austin Habitat for Humanity to begin 150-home affordable housing project
Development & business

Austin Habitat for Humanity to begin 150-home affordable housing project

​AUSTIN – Habitat for Humanity has received a $4 million loan from the Austin Community Fund to construct 150 affordable single-family homes. The homes are designated for residents making from 60 percent to 120 percent of the area median income. Donors include St. David’s Foundation, Tito’s Handmade

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Skyline Park on the way in south Austin
Lifestyle & events

Skyline Park on the way in south Austin

​​​A​USTIN – Brookfield Residential Properties has broken ground on a 25-acre park within the Easton Park master-planned community. Skyline Park will include a splash pad, open lawn, public art, and two playgrounds. Construction will be complete in late 2023. The Texas Real Estate Research Center​​​

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Utah REIT buys 92K-sf self storage facility
Development & business

Utah REIT buys 92K-sf self storage facility

​AUSTIN – Utah-based REIT Extra Storage Space has acquired Woodland Self Storage at 1620 S. I-35.​ Built in 2019, the 92,288-sf climate-controlled facility has 952 units ranging from 25 to 300 sf. It was 70 percent occupied at the time of sale. JLL brokered the deal. Endeavor Real Estate Group was t

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JV planning 27K-sf retail, office project in metro Austin
Development & business

JV planning 27K-sf retail, office project in metro Austin

​DRIPPING SPRINGS – Long View Equity and Endeavor Real Estate Group have purchased 5.6 acres for Sawyer Ranch, a 27,000-sf commercial​ project. The property will have 13,000 sf of office space a​nd 14,000 sf of retail space. Sawyer Ranch is currently 55 percent preleased. Construction starts in firs

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Student housing tower near UT sold
Development & business

Student housing tower near UT sold

​AUSTIN – Global Student Accommodation has purchased Waterloo Tower, a 796-bed s​tudent housing community at 2400 Seton Ave. ​Built in 2020, the 30-story tow​​er has one- to six-bedroom floor plans ranging from 286 to 1,695 sf. It will ​be renamed Yugo Austin Waterloo. Amenities include a coffee sho

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South Austin subdivision on the way
Lifestyle & events

South Austin subdivision on the way

​AUSTIN – ​MidCity Homes, a new division of locally based Cumby Group, is building a moderately priced single-family subdivision called Southstone. The 232-home c​ommunity will be on 42 acres at 1300 W. Dittmar Rd. It will offer duplex homes starting in the high $400,000s, and single-family homes s

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Stratus planning 316-unit community near UT Austin
Development & business

Stratus planning 316-unit community near UT Austin

​​AUSTIN – Stratus Properties is developing The Saint George, a 316-unit multifamily community near the University of Texas. Plans call for a pool, fitness center, ​rooftop deck, and communal workspaces. About 10 percent of units will be allocated as affordable housing.​ Comerica Bank provided a fou

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Wayfinder completes the sale of Troubadour in central Austin
Renting

Wayfinder completes the sale of Troubadour in central Austin

​​AUSTIN – Wayfinder Real Estate has sold Troubadour, a 321-unit multifamily community at 3403 Harmon Ave. The six-story complex has one-, two-, and three-bedroom units. Sixteen are reserved for residents making less than 80 percent of the area median income. Amenities include an outdoor movie theat

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