Found 219 blog entries tagged as development.

Link Logistics' Luke Petherbridge with 11209 Metric Boulevard (Link Logistics, Google Maps, Getty)

TheRealDeal reports, "a Blackstone subsidiary is gearing up for a big multifamily project in North Austin.

Link Logistics Real Estate Management, led by CEO Luke Petherbridge, filed to rezone the  6-acre site at 11209 Metric Boulevard to allow for a five-story complex with nearly 500 units, the Austin Business Journal reported. 

The project, called LL Braker, according to city filings, is also slated for 5,000 square feet of retail space and structured parking. It’s unclear if the residential units will be apartments or condos. A one-story warehouse, built in the 1980s and spanning 85,000 square feet, would be demolished for the project.

Link Logistics is requesting to change the property’s industrial zoning designation to allow…

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Austin American-Statesman reports, "hundreds of homes are headed for fast-growing Georgetown, north of Austin in the five-county Central Texas region..

Aztec Group's Brell Tarich and Jason Shapiro arranged $33.25 million in construction financing for the first phase of the single-family housing development. Aztec is a real estate investment and merchant banking firm based in Miami.

The builder, Onx Group, is a Texas-based residential developer that uses cutting-edge technology to streamline the pre-construction, manufacturing and assembly process. Through its proprietary construction method — X+ — Onx manufactures individual rooms, bathroom pods, walls and more at offsite production facilities near its housing developments.

In November, Onx…

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(Getty Images)

Realtor.com writes, "more folks snapped up newly built homes last month thanks to lower mortgage rates.

The number of new homes for sale and sold in December jumped 8% compared with just one month earlier, according to a recent government report. Sales rose 4.4% year over year, according to the seasonally adjusted numbers in the U.S. Census Bureau and the U.S. Department of Housing and Urban Development report.

That was a reversal from November, when the number of sales fell 9% from October.

“This month’s new-home sales data suggests that eager buyers are ready and willing to jump into the housing market with each improvement in affordability,” Realtor.com® senior economic research analyst Hannah Jones wrote in her new-home sales commentary.

…

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Schulle Farms could be home to more than 800 single-family homes, plus a potential commercial development. SCREENSHOT OF CALDWELL COUNTY DOCUMENTS

Austin Business Journal shares, "additional details have emerged about a housing development in Maxwell that could be part of a boom in rural Caldwell County. 

Schulle Farms, an 800-plus home subdivision planned for the small community, is envisioned by Austin-based real estate brokerage and land development company La Tierra Realty LLC, said Trevor McManis, a broker with the firm.

La Tierra, which has amassed around 1,100 acres over the past four to five years in what it considers a region primed for growth, will be marketing the land to homebuilders.

“This is an area that we really believe in,” McManis said. “We think there’s a lot of value here, and it’s kind of been the area outside of Austin that a lot of people have maybe overlooked…

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Austin American-Statesman writes, "Horseshoe Bay Resort, just over an hour's drive west of Austin in the Texas Hill Country, has seen its first-ever pre-construction sellout of 60 luxury condos at a development called Waters Lakeside.

The development consists of three towers with 20 condos each, with the first set for a March move-in date. The second and third towers will open between April and May.

The condos all have three bedrooms ranging in size from 1,500 square feet to 2,300 square feet. They start at $800,000, with the average price of $928,000. The sellout of the 60 condos has generated more than $65 million in sales revenue.

Located between Horseshoe Bay’s yacht club and marina, and just steps from constant-level Lake LBJ, the homes…

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Schulle Farms could be home to more than 800 single-family homes, plus a potential commercial development. SCREENSHOT OF CALDWELL COUNTY DOCUMENTS

Austin Business Journal reports, "hundreds of acres of housing are set to rise on the southern reaches of the Austin metro, the latest indication that it just keeps on growing.

Caldwell County commissioners on Jan. 9 unanimously approved a development agreement for a subdivision in Maxwell, potentially encompassing more than 200 acres. With the Austin area embroiled in a seemingly never-ending struggle to build enough affordable housing, the homes in this new development would be going up in one of the most affordable pockets of the region.

The subdivision, known as Schulle Farms, would be built on 227 acres off Maxwell’s Fifth Street if the development goes forward. Schulle Farm Partners LP is behind the project, although the identities of…

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The Radisson Hotel Austin – University will be revamped alongside plans to raise apartment buildings on the site. ARNOLD WELLS / ABJ

Austin Business Journal reports, "an Austin hotel is planned for redevelopment as part of a project expected to create hundreds of new homes north of downtown.

At the vacant Radisson Hotel Austin - University, developers plan to renovate the existing 298-room hotel and aim to raise as many as 1,000 new apartments and add 40,000 square feet of commercial space to the site, according to a rezoning request moving through City Hall.

The property at 6121 N. I-35, owned by ASAP Austin LLC, rests between the St. John and Coronado Hills neighborhoods. The roughly 8-acre site is at the northeast corner of I-35 and U.S. Highway 290. It is valued at $22 million by the Travis Central Appraisal District.

The hotel will be rebranded to Delta by Marriott,…

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The Yard business park off St. Elmo. Owner Veloway Threads now owns much of the St. Elmo Arts District. PAUL THOMPSON / ABJ

Austin Business Journal reports, "one of the biggest property owners in South Austin’s St. Elmo Arts District acquired a whole lot more real estate in the neighborhood in December.

Austin-based Veloway Threads — owners of The Yard and other properties where business such as Icon, Tesla, Still Austin and St. Elmo Brewing lease space — purchased eight properties within the district last month, said Priscilla Sauceda, vice president of operations and community at Veloway Threads. The area, which a few years ago was a sleepy industrial hub, has piqued the interest of many developers and is rapidly changing into a mixed-use destination.

The firm also purchased four other properties outside of St. Elmo, and all 12 properties together pushed Veloway’s…

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The Parmer Austin business park continues to grow. ERIN EDGEMON / ABJ

Austin Business Journal writes, "IBM Corp. is making some big changes to its Austin operations.

Big Blue, one of Austin’s original tech titans, settled on the location for its future regional hub at the northern tip of The Domain in the first half of 2023, and now it is adding 50,000 square feet of lab space in Northeast Austin to its real estate inventory, according to a Jan. 9 announcement. IBM (NYSE: IBM) plans to outfit a state-of-the-art development lab at Karlin Real Estate LLC’s Parmer Impact Labs, located along East Parmer Lane not far from Samsung's Austin factory.

IBM's lease at the facility is the latest example of an entity with a research-and-development focus making a move to the Parmer campus, following the University of Texas at…

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Northland Living's Luminary will stretch 400 feet skyward. PAGE SOUTHERLAND PAGE INC.

Austin Business Journal reports, "plans are coming into focus for a new mixed-use tower downtown.

Northland Living, a development arm of Canadian hospitality giant Northland Properties Corp., has revealed new details for its planned condo tower in downtown Austin called Luminary.

The building, which will feature almost 290 condos, will rise on less than an acre at the northwest corner of 14th and Guadalupe streets, where it will stretch 35 stories and 400 feet skyward. It's one of the first local projects by Northland Living, which began establishing a presence in Central Texas in 2023.

The tower will be home to 286 one-, two- and three-bedroom condos, plus 4,800 square feet of ground-floor retail and one level of office space, though square…

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