Austin is leading all U.S. cities in office-using employment growth, even though its office vacancy rate remains well above the national average. The Sun Belt filled the top five spots in office-use employment, which included Raleigh, North Carolina, Nashville, Dallas and Charlotte,…
H-E-B plans to construct a 115,000-square-foot traditional H-E-B store and a 50,000-square-foot Joe V’s Smart Shop in Garland. The Garland City Council approved development agreements for both stores. The agreements approved by the City Council include incentive packages for both stores….
Urban Genesis is in charge of building 360 mixed-iincome apartments in the Southpark Meadows neighborhood of Austin. The Austin Business Journal reports Travis County Facilities Corp. (TCFC) is working with Urban Genesis on the Coop at Southpark Meadows. Once the…
A pair of mixed-use developments with affordable housing and cultural spaces are coming to vacant city-owned lots in East Austin’s Cultural Heritage District. The proposals will transform Blocks 16 and 18 on East 11th Street. City officials voted to negotiate with…
Landmark Properties acquired Pointe on Rio in Austin, near the campus of the University of Texas. Pointe on Rio, soon to be rebranded as Tradition on Rio, is Landmark’s seventh asset in the Austin market; the acquisition adds 321 beds…
As of year-end 2023, Austin posted a strong occupancy level of approximately 96.8 percent, based on Weitzman’s review of retail market conditions. The percentage, the strongest among Texas’ major retail markets, is based on a market inventory of approximately 52.4…
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