Austin’s Density Bonus is Popular With Residential Developers
Austin gave developers the chance to go higher in an effort to add affordability to the city, and it’s proving to be a popular tactic. The city’s Density Bonus 90 zoning program allows residential buildings to reach heights of up to 90 feet — 30 feet taller than previously permitted — if developers commit to […]
Intracorp Plans Luxury Condos on Austin’s South Congress
Intracorp will build Leland South Congress, a luxury condo development that adds to the neighborhood’s growing list of high-end apartments. Located at 2121 South Congress Avenue, Leland will stand seven stories tall. Its 270 apartments range from studios to three-bedrooms. The units sit above 22,000 square feet of retail and restaurant space, centered around a […]
Intel Puts 36K sf on Austin’s Sublease Market
Another tech company in Austin is looking to slash its local footprint, prolonging a trend that contributed to record-high office vacancy of nearly 20 percent last year. California-based chipmaker Intel has put 36,000 square feet up for sublease at 1300 South MoPac Expressway, which is part of its regional campus in Southwest Austin’s Barton Creek […]
Austin’s Parking Lots as Potential Development Sites
In most big cities, empty development sites downtown are rarer than two-dollar bills. But in Austin, from Lady Bird Lake to the Texas Capitol, sites like that dot the central business district. To find them, just look for the cars. In the roughly 130 city blocks that are zoned as Austin’s central business district, there […]
Austin’s Sixth Street gets a new look with construction starting in early 2024
Gaining and maintaining a level of success in the ever-changing tech industry often hinges on the environment one lives and works in, and Austin is among the best. Austin’s growing elite tech city status comes from a new report, “The Top Tech Cities in the US: Ranking 100 Cities in 2024,” by online security experts […]
Austin’s hottest real estate stories of 2023: Refreshing renovations and soaring suburb popularity
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. […]
Austin’s housing market is off to a strong start in 2024, says report
Homebuyers and sellers are starting to feel optimistic about the Austin-area housing market, according to a new report by the Austin Board of Realtors. According to the latest analysis by Unlock MLS, which provides real estate data across the Austin-Round Rock-Georgetown metropolitan statistical area (MSA), bothpending and closed sales increased slightly in January compared to […]
