KYLE – St. David’s HealthCare will invest $300 million for a new hospital as part of a nearly $1 billion initiative to expand in Central Texas. The new hospital will be next to the H-E-B at the corner of FM 1626 and Marketplace Ave. It is expected to create about 200 jobs. According to a previous article from Community […]
Archives: August 2023
Best Buy leasing 800k sf of Lancaster warehouse for distribution center
LANCASTER – Best Buy has leased 800,000 sf of warehouse space for its new distribution center. Located south of I-20 at Jefferson St. and East Wintergreen Rd., the $50 million Wintergreen Industrial Park warehouse was leased for $3 million and will open as Best Buy’s shipping hub next summer, creating 50 jobs. The building was […]
Phase II of Century Square en route after seven years
COLLEGE STATION – Century Square’s Phase II construction has begun. The first phase brought over 260K sf of retail, multifamily, and office space, plus two hotels in 2016. Phase II of the development on University Dr. between Century Square Drive and Century Court will consist of two 15,593-sf retail buildings surrounding a 5,000-sf plaza and gathering […]
Addison apartment project branches out after tree relocation
ADDISON – A $170 million apartment project will begin construction in early 2024 after four mature oak trees are removed from the property. Located on Midway Rd., the 14-acre Amli Tree House project will have 370 apartments, 35 apartments in a senior-friendly building, 14 townhomes, and 7,000 sf of retail space. The developer will plant 350 trees on […]
Capital Metro buys 182K+ sf Austin office space
AUSTIN – Developer CIM Group has sold Fifth + Tillery, located at 618 Tillery St., to Capital Metro for nearly $87 million. The three-story office building totals 182,700 sf, with flexible floor plans starting at 10,000 sf. The building also has a 600-kW solar array, outdoor walk-up access, open-air walkways, outdoor spaces, private balconies, and approximately […]
TPW Commission adopts policy limiting use of eminent domain
AUSTIN – The Texas Parks and Wildlife Commission adopted a policy this week limiting its use of eminent domain. The policy, adopted during the commission’s August meeting, limits the Texas Parks and Wildlife Department (TPWD) from taking private property for park sites except under exceptional and unusual circumstances, mainly property previously dedicated to public use […]
Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
Some Highlights There are only about half the number of homes for sale compared to the last normal years in the market. That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. If you’re thinking of selling, get in […]
Archer Stone Canyon Apartments sold
SAN ANTONIO – The Milestone Group has acquired the 228-unit Archer Stone Canyon Apartments. The property was built in 2005 and has one-, two-, and three- bedroom units as large as 1,630 sf. The investment firm plans to implement a value-add program. Amenities include a pool, fitness center, resident clubhouse, and playground. read more…
Dallas' Dunhill apartments rebranding under new owner
DALLAS – A 214-unit apartment complex at 1900 Hi Line Dr. in the Design District has changed hands and will undergo rebranding. The Dunhill has studio and one- and two-bedroom units ranging from 665-sf to 1,671-sf, as well as a pool, clubhouse, fitness center, business center, outdoor picnic areas, amphitheater, and a dog park. It will be rebranded […]
Fore! Luxury golf resort planned for Frisco’s The Link
FRISCO – An 18-acre luxury golf resort is planned for The Link, a $1 billion mixed-use development. The Bays Golf Experience and Suites’ four-story venue will include 24 suites with private hitting bays, a rooftop pool, concierge services, and professional golf instructions, as well as a 25,000-sf putting green and chipping area and a walk-up bar […]