HOUSTON – Randall Davis Co. will break ground this fall on a luxury high-rise called London House. The property will be at 2323 San Felipe St. Condominiums will range from 2,725 to 4,257 sf. The 19 standard residences will start at $1.5 million, and the four penthouses will start at $3.8 million. Around 20 percent of units have […]
WALLER – Pagewood has purchased 63 acres along US 290 with plans for a distribution center. The 500,840-sf facility will include 3,000 sf of office space, 36-ft clear heights, and outside parking for 218 cars and 130 trailers. Site work starts next week. Transwestern represented the seller. Dosch Marshall Real Estate represented Pagewood. Powers Brown designed the distribution center. E.E. […]
AUSTIN – Anthology Senior Living is developing a 131,000-sf senior housing community. Anthology of the Arboretum will include 130 studio and one- and two-bedroom units. It will have assisted-living and memory-care options. Cadence McShane is the general contractor. Construction will wrap in spring 2023. Looking for more Austin-Round Rock senior living news? The Texas Real Estate Research Center’s got you covered. […]
WASHINGTON – Plano has ranked fourth on WalletHub’s list of the best places to raise a family in 2022. The Collin County city was second in socio-economics and third in affordability. It was eighth in health and safety, 37th in education and childcare, and 97th in family fun. Plano tied for first with four other cities […]
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, let’s […]
DALLAS – The city council has approved plans for several high-rises on Knox St. just east of Highland Park. The developers are Trammell Crow Co.’s High Street Residential and Michael Dell’s MSD Capital. The Retail Connection and the managers of Highland Park Village are also working on the project. The four-acre development will include luxury residential units, a […]
NEW BRAUNFELS – MNO Partners has purchased land at 2445 E. Common St. for a 227-unit multifamily community. The complex will include two- and three-story buildings with townhouse-style units. Rent will average around $1,700 per month. Amenities will include a two-story fitness center, swimming pool, co-working lounge, fire pits, dining areas, and dog park. Franklin Construction Ltd. breaks […]
SAN ANTONIO – Baptist Health System will break ground this summer on a 255,000-sf acute-care hospital in Westover Hills. The five-story hospital will offer cardiac, emergency, and women’s services. Baptist is also planning an 80,000-sf medical office building adjacent to the hospital. Total cost for the hospital and office building is estimated at $250 million. Completion is slated for […]
HOUSTON – TruAmerica has acquired a 240-unit multifamily community called Villas at West Road. Built in 2006, the complex will undergo a comprehensive capital improvement program. The Texas Real Estate Research Center has more information like this online for free: Texas Quarterly Apartment Report Houston multifamily news online Source: Connect CRE read more…
DALLAS – The Related Cos. has acquired eight acres at E. Jefferson and Colorado Boulevards near the former Oaks Farm Dairy site. The buyer will break ground on a 400-unit apartment complex on the land next year. The site, zoned for up to 20 stories of mixed-use development, was owned by Cienda Partners since 2014. The […]
