AUSTIN – City officials have purchased the Salvation Army homeless shelter, adjacent parking lot, and retail space on Red River St. for $15 million. The price tag will be split between Austin’s Housing Trust Fund, the city’s federal Community Development Block Grant program funds, and projected lease savings from a separate civic purchase. Urban Alchemy, the nonprofit […]
Archives: November 2023
New Texas State residence hall to open doors in fall 2024
SAN MARCOS – Texas State University’s latest student housing project at 102 Russell Circle is nearing completion. The $125 million Hilltop Hall will be eight stories with 1,006 beds. The dorm will have a main lobby, kitchen, seminar hall, gaming rooms, and laundry room. Hilltop is slated to be completed in December and will begin housing students in […]
105 build-to-rent homes coming to Fate’s Woodcreek
FATE – The 1,600-acre Woodcreek development is getting a 105-unit build-to-rent project in Summer 2024. The Canopy Homes at Woodcreek on Crawford Ave. is being developed by PMB Capital Investments and designed by M-Gray Architecture. The Woodcreek development will have an amenity center, maintenance building, pool, dog park, and ten-acre city park. read more…
Scrap metal processor acquires 55 acres in Dayton for industrial facility
DAYTON – Liberty Development Partners has sold 55 acres of the 2,400-acre rail-served Gulf Inland Logistics Park to OmniSource LLC. The company plans to break ground on an automobile metals recycling facility early next year and start operations in about a year. The agreement includes the improvement of Rolke Rd. and the construction of a new […]
KidsTale to play at Fairbanks Northwest Distribution Center
HOUSTON – KidsTale Playground has signed a 162,790-sf industrial lease at Fairbanks Northwest Distribution Center. The company, which supplies children’s recreational products, will occupy the entirety of the North Building, which has 32-ft clear heights, four drive-in ramps, 180-ft truck courts depths, and ample trailer parking. Cushman & Wakefield represented the landlord, Triten Real Estate […]
Are There Actually More Homes for Sale Right Now?
Endeavor Real Estate building warehouse space on over 100 acres
PFLUGERVILLE – Endeavor Real Estate Group, developers of The Domain, plans to transform over 100 acres off Cameron Rd. and Pecan St. into an industrial development. Filings indicate at least four buildings will be built, starting at 132,214 sf. The buildings will be speculative warehouses. The listed owner of the property is B9 Pecan Owner […]
Long-anticipated Waco luxury hotel opens
WACO – The Cambria Hotel, the first of three hotel projects by KB Hotels, has opened its doors after receiving a temporary certificate of occupancy. The four-story, 132-room hotel began welcoming guests last week, but currently holds a temporary certificate that allows the structure to be occupied while awaiting its final checks. The hotel is at […]
Bexar County pitching in $2.8M for redevelopment of Rackspace site
SAN ANTONIO – Bexar County commissioners approved an incentives agreement between the county and Ohio-based developer Industrial Commercial Properties LLC for the redevelopment of the former Rackspace building. The agreement outlines a $21.5 million purchase price for the property and $18.5 million for the interior and exterior renovation work. The pact also provides a framework […]
Hospitals of Providence building another El Paso medical office
EL PASO – Hospitals of Providence is building a 60,000-sf medical office building and will eventually include a full-fledged hospital at 12951 Eastlake. The Eastlake project could cost about $200 million. Construction on the medical office building will start within the next six months. Their goal is to have the hospital built by the end of 2027. read […]