Read King Properties Starts Third Houston Apartment Complex
A Houston-based developer is moving ahead on its third retail-anchored apartment complex. Read King Properties plans to bring a $60 million, 336-unit apartment complex to Humble, adjacent to its planned H-E-B-anchored shopping center, state records show. The estimated construction cost comes to $178,600 per unit. The retail-focused firm expects to start construction on the Groves […]
Lender Takes Former GVA Apartments for $21M at Auction
A distressed apartment property on San Antonio’s North Side, formerly owned by embattled multifamily syndicator GVA, sold at auction recently. An LLC with ties to LoanCore Capital, the lender that foreclosed on the property in November, paid $21.3 million for the 285-unit Solara complex, at 11710 Parliament Street, the Austin Business Journal reported. The price, […]
UDR Plans 25-Story Apartment Tower in Dallas’ Turtle Creek
Another apartment high-rise could be on the way in Dallas’ Turtle Creek neighborhood. Colorado-based UDR’s proposal to construct a 25-story multifamily building at 2743 Turtle Creek Boulevard has been greenlit by the Federal Aviation Administration, indicating that it would have no substantial impact on air navigation, the Dallas Business Journal reported. Projects exceeding 200 feet […]
NRP Plans $52M East Austin Apartments
A large national multifamily developer is planning a development in Austin. NRP Group filed to construct a two-building apartment project at 8705 Decker Lane Road in far East Austin. The proposed development will span 486,000 square feet and cost $52 million, according to the filing. Work is slated to start next year and wrap up […]
North Austin neighbor has one of the hottest ZIP codes in the U.S. for new apartments, report finds
Move over, Austin: Cedar Park was just named the No. 4 best Texas city to move to in 2024. The city came out among the top five in a new population analysis by USA Today Homefront, published February 19, that examined 52 Texas cities across 19 key indicators, including school quality, affordability, entertainment, and more. […]
Experience the picture-perfect Austin lifestyle at Citizen House apartments
Current and future Austinites looking for their next home base can find it at Citizen House, a new apartment community that perfectly combines upscale living with all the extraordinary local offerings of Austin. There are five convenient locations throughout the city: three in Austin proper, one in Pflugerville, and one in Georgetown. Each of the […]
Vintage 1980 Riverside Apartments win Upzoning for 385 Units
A multifamily property in Southeast Austin’s Riverside neighborhood is getting supersized. Austin City Council approved a developer’s request to rezone the 5-acre property at 1900 Burton Drive, tripling the number of allowed units, the Austin Business Journal reported. The developer, Flats on Burton LLC, aims to redevelop the 134-unit Easton Hills apartments into a mixed-use […]
Austin is the most popular city on this rental platform for digital nomads
Giddy up! On February 27, RodeoHouston kicked off its festivities, which will include 20 straight days of musical performances. Austinites interested in doing a bit of boot scootin’ will start pouring in this week, especially for these high-profile shows. Photo courtesy of ACM Awards This year’s lineup might be the most diverse in years. Country […]
Austin is the most popular city on this rental platform for digital nomads
Giddy up! On February 27, RodeoHouston kicked off its festivities, which will include 20 straight days of musical performances. Austinites interested in doing a bit of boot scootin’ will start pouring in this week, especially for these high-profile shows. Photo courtesy of ACM Awards This year’s lineup might be the most diverse in years. Country […]
Related Companies Pursues Two-Tower Project on South Congress
The Related Companies has zeroed in on a 6-acre mixed-use project in Austin’s trendy SoCo District, an area that’s being overtaken with high-density developments, alongside its boutique shops and restaurants. Stephen Ross’ firm is pursuing a multi-tower project in the 500 block of South Congress; it’s slated for 800 residential units, a 225-key hotel, 200,000 […]
