Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there […]
Archives: February 2024
New multifamily development signs onto Thomas Ranch
SPICEWOOD – Wasatch Premier Properties has acquired 58 acres within the Thomas Ranch master-planned community for the development of a 600-unit multifamily project. The development will have room for 100 townhomes and 500 apartments. Townhomes will come in two- and three-bedroom formats and start at 1,400 sf. Apartments will come in one-, two-, and three-bedroom […]
WeWork company opening new collaborative office in SA
SAN ANTONIO – Common Desk is in the last stages of opening a 19,995-sf shared office space in Travis Park Plaza. A soft opening for the third-floor location at 213 E. Travis St. is planned for next week as the team works to finish construction and come fully online in the middle of February. Pricing […]
New residential high-rise planned for Dallas’ Victory Park
DALLAS – A new Victory Park residential tower is being planned next to the One Victory Park office tower. Located at 2371 Victory Ave., the $150 million Aire tower will have 480 units and an 835-car parking garage. Developer Hines also built the 40-story Victor apartments together with designer Munoz + Albin. read more…
370-unit multifamily community delivered in west Houston
HOUSTON – Sueba USA has completed San Palmas, a 370-unit apartment community at 15915 Kingfield Dr. The four-story building houses studio and one-, two- and three-bedroom units that range from 480 sf to 2,196 sf with rents starting at $1,075. Amenities are a pool, fitness center, outdoor grilling and dining stations, a pickleball court, catering kitchen, […]
850-home master-planned community underway in Brazoria County
BRAZORIA COUNTY – Land Tejas and Starwood Land LLC are developing Canterra Creek, a 380-acre master-planned community. The first phase will have 850 homes with builders, including Tri Coast Homes, Lennar, and CastleRock Communities. Homes will be priced from $200,000 to $400,000. Sales are expected to begin in early 2024. Amenities include a swimming pool, […]
Bryan to receive $1.6M EDA infrastructure grant
BRYAN – The U.S. Department of Commerce’s Economic Development Administration (EDA) announced this week that Bryan will receive a $1.6 million EDA grant as part of a $4.1 million investment in Texas infrastructure. The grant, which will be matched with $5.4 million in local funds, will go toward roadway improvement and support manufacturing business expansion at […]
Why So Many People Fall in Love with Homeownership
Luxury neighborhood to be developed on vineyard in Fredericksburg
FREDERICKSBURG – CB Wine Tourism Developments, a Mexican firm specializing in wine-focused experiences, is in pre-development for a 220-acre project on SH 290 between Fredericksburg and Johnson City called Puerta Del Lobo. The homes are aimed at wine enthusiasts who are interested in owning a vineyard but do not want to manage large acreages. The […]
More hotel rooms coming to downtown SA
SAN ANTONIO – Merritt Development and Peachtree Group’s $58 million Residence Inn hotel project at 100 N. Main Ave. is currently seeking design approval from the city’s Historic and Design Review Commission. The 124,000-sf project would have 171 hotel rooms, as well as 775 sf of meeting space, a fitness center, and ground-floor dining. BGKT […]