Austin real estate brokerage strives to become hot spot for downtown art shows

Residential real estate brokerages aren’t typically located in prime downtown storefront space, but Austin has at least two enterprises with that appealing amenity.

Urbanspace, owned by Kevin Burns, operates expansive offices on West Fifth Street, which includes an interior design practice and home furnishings, while DEN Property Group at West Third and Guadalupe streets is both an office and an art gallery that includes selected compositions for sale.

Click to read more at Austin Business Journal. 

Indeed, like HomeAway and Facebook, sets up another huge office in Austin’s ‘second downtown’

Indeed.com, the booming aggregation website for job seekers, is another marquee company going all in at The Domain in North Austin.

The 300-acre mixed-use development, which has risen like a phoenix in the past decade, has become Austin’s second downtown and is nearing build-out with tech-focused companies — Amazon, Facebook and HomeAway, to name a few — snagging a piece of prime real estate.

Click to read more at Austin Business Journal. 

Mueller developer, W Austin Hotel owner vie to oversee huge master-planned project

Two notable names in Austin’s real estate world want to lead the redevelopment of the massive Colony Park project in East Austin.

Stratus Properties Inc. and Catellus Development Corp. have responded to the city’s request for qualifications for a master developer for the redevelopment of Colony Park — about 208 acres of publicly owned land near the intersection of Decker and Loyola lanes, about a mile from Walter E. Long Metropolitan Park.

Colony Park’s Master Plan, approved in 2014, allows for as much as 960,000 square feet of commercial space and 3,031 housing units. The project was unveiled in 2012

Click to read more in Austin Business Journal 

$200M Solms Landing project takes shape south of Austin with shops, restaurants & homes

If everything falls into place, the 98-acre, $200 million Solms Landing development in New Braunfels could be one of the I-35 corridor’s most ambitious projects to date.

As first reported by San AntonioBusiness Journal in June, Solms Landing is the brainchild of James Mahan and South Texas Capital, and was originally slated to consist of restaurants, a boutique hotel, upscale retail space, multifamily units, Class A office space, walking and biking trails and at least three parks. Today, the plan for Solms Landing looks mostly the same with the addition of 182 single-family lots.

Click to read more at Austin Business Journal

Co-Op District awaits regulatory OK; Mixed-use project aims at ‘sleepy little town’ north of Austin

Williamson County and Hutto are working to finalize an economic development deal for the mixed-use Co-Op District, a 25-acre development that could create a new economic focal point in the small town northeast of Austin.

Plans call for a new city hall, library and private development such as apartments, restaurants, retail and office space, a movie theater and a hotel north of Highway 79 and west of downtown Hutto. In other words, it could be a pivotal step for the rapidly growing suburban community.

County commissioners are considering whether to create a special taxation zone for the project. Although they did not vote on the measure at their Tuesday meeting, County Judge Dan Gattis signaled the measure has support.

Click to read more at Austin Business Journal. 

Homes, shops, offices to spring up near Dell HQ

A California real estate firm is poised to invest $200 million in a mixed-use development at the busy intersection of State Highway 45 and I-35 in Round Rock.

Round Rock City Council unanimously approved last month a memorandum of understanding with Mark IV Capital for 65.5 acres on Greenlawn Boulevard.

City officials may offer incentives for the master-planned project, which would include at least 1 million square feet of commercial and residential development. That’s roughly equivalent to what Barton Creek Square mall has to offer, in terms of square footage.

Click to read more at Austin Business Journal.