HOUSTON – Port Houston has purchased two tracts within East River’s first phase for a built-to-suit office building and adjacent parking garage that will be connected via a skybridge. With completion slated for summer 2025, the 95,000-sf space along Buffalo Bayou will be Port Houston’s new headquarters. Ground is expected to break in spring 2024. read more…
Archives: July 2023
1.9K-acre master-planned community slated for Montgomery County
MONTGOMERY COUNTY – Oxland Group has bought 1,860 acres north of FM 1488 and west of Fish Creek Thoroughfare with plans to develop a 4,000-home, master-planned community. Oxland also has plans for a new bridge and a new east-west roadway as part of the development. Ground will break next year, and phase-one lots are slated to […]
River Ranch County Park opens gates after decade of preparation
LIBERTY HILL – River Ranch County Park has opened to the public after several years of planning, preparation, and construction. Located at 194 Reveille Way, the park spans over 1,354 acres with access to the South Fork San Gabriel River toward the northeastern corner. Amenities include camping sites, an equestrian area, a pavilion, a playground, picnic tables, restrooms, […]
Austin energy storage company secures over $70M for battery projects
AUSTIN – Austin-based energy storage company Jupiter Power LLC has locked in a $70.4 million financing deal for two standalone battery energy storage projects in Texas. The deal was arranged by First Citizens Bank, and BankUnited NA and Siemens Financial Services were joint lead arrangers. The projects are expected to have a capacity totaling 160 […]
Funding nearly complete for SA Zoo phase one expansion
SAN ANTONIO – The Greehey Family Foundation, headed by former NuStar Energy chairman, has contributed $1 million toward the San Antonio Zoo’s Generation Zoo capital campaign. The gift will help fund the first phase of the zoo’s master plan, which includes a new entrance and plaza, a major gorilla habitat, and an events center. Phase one will cost roughly […]
$750M Turtle Creek hotel, condominium planned
DALLAS – A Four Seasons hotel and condominium tower is planned for Turtle Creek. The $750 million luxury tower will have 35 floors, with 240 rooms on the lower floors and 118 deluxe residential units on the top floors, as well as two swimming pools, 15,000-sf private club, spa, three restaurants, and six or seven bars. Boston-based Carpenter & Co. […]
Homebuyers Are Still More Active Than Usual
Even though the housing market is no longer experiencing the frenzy that was so characteristic of the last couple of years, it doesn’t mean today’s market is at a standstill. In actuality, buyer traffic is still strong today. The ShowingTime Showing Index is a measure of how much buyers are touring homes. The graph below […]
Mixed-use EVIVA Trinity Mills breaks ground
CARROLLTON – EVIVA Trinity Mills has broken ground at Trinity Mills Station. The mixed-use development is part of the city’s 25-acre Transit-Oriented Development (TOD). Located at the President George Bush Turnpike and I-35E interchange, the five-story EVIVA Trinity Mills will have retail, restaurants, and more than 430 multifamily units. It will also have a 125,000-sf, six-story Class A office building as the marquee and a […]
Plano’s Haggard Farm development to begin construction on apartments
PLANO – A $70.7 million apartment community has been approved and will begin construction in October on the former Haggard Farm. The 569,000-sf project will be on the 142-acre farmland at Spring Creek Pkwy. and Parkwood Blvd. It will have 700 units, wood-framed construction, a four-level parking garage, and indoor and outdoor amenities. Construction will be […]
$86M in funding committed for Texas water, wastewater improvements
AUSTIN – For the first time since 2018, the Texas Water Development Board (TWDB) has committed financial assistance through the Economically Distressed Areas Program (EDAP) for water and wastewater improvements. More than $86 million in financing and grant funding was approved for projects across the state, including several first-time wastewater service projects. EDAP funding is meant for economically […]