COLLEGE STATION – Initial unemployment claims in Texas shot up last week to almost 129,800 as the number of COVID-19 cases in Texas continued to increase. The week ending July 4 was the worst for new claims since the week of May 16th. Since March 21, nearly 2.8 million claims were filed in Texas, according to data from […]
SEGUIN – CoffeeTech Industries is developing its 112,000-sf headquarters and manufacturing facility on 33 acres south of I-10 between 8th and Guadalupe Streets. Construction will begin late this year and wrap up by 2022. The $56 million project will create 91 jobs. Get more San Antonio industrial news on the Real Estate Center’s website: Local industrial news Texas Quarterly […]
PFLUGERVILLE – Heritage Lakes Development is building Heritage Lakes of Pflugerville, a 40,000-sf senior-living community at 19100 Pleasant Bay Dr. The project will have assisted-living, memory-care, and independent-living residences as well as cottages. Amenities will include a fitness center, theater, beauty and barber shop, library, pool, game rooms, and walking trails. The community opens this fall. Looking for more Austin-Round […]
HOUSTON – Madison Marquette has opened the Travis, a 30-story luxury apartment tower at 3300 Main St. in Midtown. The 375,775-sf building has one-, two-, and three-bedroom apartments and two penthouses above 14,000 sf of retail space. A ground-floor restaurant will open in first quarter 2021. Amenities include an aqua lounge with conference room, salt water pool, private cabanas, […]
FORT WORTH – A partnership between Clarion Partners, Crow Holdings Capital, and Rob Riner Cos. has acquired 556 acres at the southeast corner of Oak Grove and Joel East Roads. The site will be home to Carter Park East, a seven million-sf industrial park. It will have both speculative and built-to-suit structures accommodating tenants needing up […]
Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy faces today. Of the four listed, real estate is also the only investment you […]
AUSTIN – A partnership between Generation Housing Development, Hill Tide Partners, and the Austin Affordable Housing Corp. is developing Heritage Estates at Owen Tech. The 174-unit affordable housing project will be on five acres at 14011 Owen Tech Blvd. It will have one- and two-bedroom units, the majority of which will be reserved for renters earning up […]
AUSTIN – The Austin American-Statesman has leased 35,000 sf in the MetCenter Creative Office Building A at 8000 Metropolis Dr. The newspaper publisher will move out of its prime location at S. Congress Ave. around mid-2021 to make way for redevelopment. The Real Estate Center has more office news for Austin-Round Rock: Texas Quarterly Commercial Report […]
IRVING – Northland Properties Corp. plans to build the Sandman Signature Hotel on SH 161 near Carpenter Fwy. The 205-room, six-story hotel will have a 6,788 sf, 224‐seat Moxie’s Grill restaurant with an outdoor patio. It will be part of Blue Star Land’s 36-acre Star Park mixed-use development. Get more Dallas hotel news on the Real Estate Center’s website. Source: Dallas […]
DALLAS – Todd Interests is almost finished redeveloping the former First National Bank Tower in downtown into a 219-room Hyatt Thompson hotel. It will have two rooftop restaurant and bar concepts, a pool, fitness center, spa and pet parks, and 22,000 sf of meeting and event space. Opening is set for November 2020. Get more Dallas hotel news on […]
