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Will the Austin Council Decide in Favor of the $508 Million Water Treatment Plant?

Will the Austin Council Decide in Favor of the $508 Million Water Treatment Plant?

By Camelia Bulea, Associate Editor Since the 1970s, Austin Council members have been arguing over the water treatment plant matter, but haven’t yet passed a decision on whether the 40-year-old project should be built or terminated. The time has come for city [...]…

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American Campus Communities Starts Construction on Two $80 Million Student Projects

American Campus Communities Starts Construction on Two $80 Million Student Projects

By Camelia Bulea, Associate Editor American Campus Communities is currently working on a series of housing projects totaling $262 million. According to a press release issued by the Austin-based residential developer and manager, the company recently began construction on two university [...]…

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Grayco Offers Max Stipend to Residents to Relocate

Grayco Offers Max Stipend to Residents to Relocate

By Camelia Bulea, Associate Editor Southeast Austin’s Shoreline Apartments are due for demolition and will be replaced with a project containing 1,200 apartments and up to 97,000 square feet of street-level retail. Grayco Partners first proposed the demolition in 2009, but [...]…

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Camden Aquires Two Austin Properties as Part of $261M Texas Portfolio

Camden Aquires Two Austin Properties as Part of $261M Texas Portfolio

By Camelia Bulea, Associate Editor As of last week, Camden Property Trust owns eight high-quality apartment communities throughout the state of Texas—specifically, in the Austin, Dallas, Houston and San Antonio metropolitan areas. These consist of 2,957 apartment homes that were built [...]…

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Austin’s Largest Downtown Marriott Could Start Construction in 2012

Austin’s Largest Downtown Marriott Could Start Construction in 2012

By Camelia Bulea, Associate Editor A year ago it seemed that the 1,003-room hotel project was dead, but now it is very probable that construction will start in nine months. Upon completion it would be the largest downtown hotel in Austin. The [...]…

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Thomas Properties Group Sells Office Space in Research Park Plaza

Thomas Properties Group Sells Office Space in Research Park Plaza

By Camelia Bulea, Associate Editor In 2007 Thomas Properties Group purchased Research Park Plaza from Blackstone Real Estate Advisors as part of a $1.15 billion bulk aquisition, Thomas’ largest acquisition ever, as well as the largest commercial real estate deal in [...]…

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