AUSTIN – The number of apartments on five acres in southeast Austin’s Riverside neighborhood will nearly triple after rezoning of 1900 Burton Dr. The rezoning enables the owner of Flats on Burton LLC to redevelop the existing 134-unit Easton Hills apartments into a vertical mixed-use complex with 385 multifamily units and 9,000 sf of office […]
Tag Archives: TAMU NewsTalk Texas
Mansfield building new city hall and town square
MANSFIELD – A new city hall and town square are being built in a 200-acre mixed-use development. The city purchased ten acres for the project that will anchor the mixed-use Reserve development. Construction will begin by the end of 2024 and finish in December 2026. Developed by Stillwater Capital Investments LLC, the Reserve will have office, […]
Apartments on Dallas’ Trinity River to open doors
DALLAS – A 204-unit rental community will open soon on the Trinity River near Downtown. The seven-story Modera Trinity apartments on North Beckley Ave. will have units averaging 1,000 sf with a monthly rent of $1,800. It will have 4,000 sf of ground-floor retail floor, access to the Trinity Skyline Trail, a fitness center, and coworking space. Developer […]
361-unit Richardson apartment completes construction
RICHARDSON – A San Francisco-based developer has finished construction of a 361-unit apartment community. Located at 2323 Plaza Blvd., the Ovation at Galatyn Park has one-, two-, and three-bedroom layouts ranging from 500 to 1,700 sf with monthly rents starting at $1,525. The apartment also includes a pool, fitness center, sky lounge, outdoor game room, arcade, […]
McNair developing 371-unit multifamily in Houston
HOUSTON – McNair Interests is developing a 371-unit community on five acres at 3001 W 11th St. The project will be a part of McNair’s planned 46-acre mixed-use development that would repurpose existing 1920s-era factories on adjacent land. The first phase of the five-story apartment project is slated to open in second quarter 2025, with completion […]
Texas median home price down in 2023 while most MSAs see increase
AUSTIN – While the state’s overall median price of $335,100 in 2023 was down 1.4 percent from the previous year, 17 Metropolitan Statistical Areas had increases. According to Texas Realtors’ 2023 Texas Real Estate Year in Review, all but five metros had less than a 5 percent change (higher or lower) in median price. El Paso and McAllen-Edinburg-Mission saw the highest increases […]
75 acres added to Briarwood MUD in Elgin
ELGIN – An under-construction mixed-use development has gained a lot more space to build on after the annexation of more land into the municipal utility district (MUD). Ashton Gray Development’s 205-acre Briarwood neighborhood gained 75 acres after the city council approved the annexation. Briarwood is off of FM 1100, but the new land is not contiguous with […]
Arden at Kohler's Crossing in Kyle to open this month
KYLE – Arden at Kohler’s Crossing, a new apartment complex at 19500 I-35, is nearing completion. The 262-unit gated apartment complex will have studio and one- and two-bedroom floor plans equipped with stainless steel appliances, granite countertops, smart locks, and smart thermostats. Amenities include a resort-style swimming pool and sundeck, fitness center, pickleball court, billiards lounge, business center, and electric vehicle […]
New ownership, new improvements for SA multifamily
SAN ANTONIO – 29th Street Capital recently acquired Renata on Fredericksburg Apartments at 9939 Fredericksburg Rd. 29th Street plans to add stainless steel appliances, wood plank flooring, and washers and dryers; modernize kitchens and bathrooms; and improve amenities. Bexar County records show an appraised value of $27 million for the property, as well as a $20 million Freddie Mac […]
SPFB Family Nourishment Center open at Covenant Hospital
LUBBOCK – The South Plains Food Bank Family Nourishment Center at Covenant Children’s Hospital has officially opened. The center, designed exclusively for the families of its Level IV Neonatal Intensive Care Unit, aims to provide families with 24-hour access to nutritious food options to minimize financial stress during their stay. SPFB will also restock a family’s home […]