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Developers to Break Ground on 3 eleven Bowie in September

Developers to Break Ground on 3 eleven Bowie in September

By Camelia Bulea, Associate Editor Endeavour Real Estate Group, one of the developers of 3 eleven Bowie—a planned 36-story residential tower in downtown Austin, has released new details on the upcoming project. Construction on the luxury tower is slated to begin in the third quarter of 2012. Built by a…

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10 Years, $6M Later… and No Development at Wildhorse Ranch

10 Years, $6M Later… and No Development at Wildhorse Ranch

By Camelia Bulea, Associate Editor The 1,700-acre Wildhorse Ranch project was a great dream, and would have been the largest deal of its kind at the time—as the city agreed to reimburse up to $30 million to install water and wastewater lines, among other infrastructure, at the Northeast Austin site.…

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$32M Residential Project Breaks Ground in the Galindo Neighborhood

$32M Residential Project Breaks Ground in the Galindo Neighborhood

By Camelia Bulea, Associate Editor A new residential project recently broke ground at South Fifth and Cumberland streets and is expected to bring 119 condominiums, townhomes and flats to the area. According to The Austin-American Statesman, developing the project is a partnership that includes Terry Mitchell, president of Momark Development,…

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The Austonian Condominium Tower Refinanced

The Austonian Condominium Tower Refinanced

By Camelia Bulea, Associate Editor The owners of The Austonian have recently refinanced the 56-story luxury complex through Transwestern Structured Finance Group in Houston. No financial details were immediately made public. According to the Austin Business Journal, Spain-based Grupo Villar Mir formed Benchmark LLC and Second Congress Ltd. to develop…

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City Council Allows 121-acre Gatlin Creek Development to Move Forward

City Council Allows 121-acre Gatlin Creek Development to Move Forward

By Camelia Bulea, Associate Editor The Georgetown City Council unanimously approved a zoning change request at 4900 Williams Dr., thus allowing development on Gatlin Creek to move forward. The proposed Gatlin Creek Development is planned to include an assisted-living center, a nursing home, office condominiums, retail businesses and “patio-style high-end…

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Leander City Council Approves 2,000-acre Development

Leander City Council Approves 2,000-acre Development

By Camelia Bulea, Associate Editor The first day of May marked the approval of a 2,000-acre development that will be built in Leander over the next decade. The upscale development will include 3,200 residential homes and apartments, retail space, park land and three schools. The City Council approved zoning the…

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White Lodging to Break Ground on $300M JW Marriott

White Lodging to Break Ground on $300M JW Marriott

By Camelia Bulea, Associate Editor White Lodging disclosed plans to break ground on the $300 million JW Marriott Austin this summer. The developer recently revealed the design of the downtown hotel, which will be 33 stories high and will measure 1.2 million square feet. Designed for LEED silver certification, the…

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Austin Healthcare Industry Welcomes Lakeway Regional Center

Austin Healthcare Industry Welcomes Lakeway Regional Center

By Camelia Bulea, Associate Editor Lakeway Regional Medical Center recently opened its doors at 100 Medical Parkway. The eight-story hospital will offer primary care, general surgery, an emergency room, labor and delivery, oncology, dentistry and a host of other specialties. According to the Austin Business Journal, the 270,000-square-foot hospital has…

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Kyle’s First Wal-Mart Gets the Green Light; 300 New High-End Homes in Lakeway

Kyle’s First Wal-Mart Gets the Green Light; 300 New High-End Homes in Lakeway

By Camelia Bulea, Associate Editor The Kyle City Council has unanimously approved a conditional use permit for the city’s first Wal-Mart. The 156,000-square-foot retail store will sit at the intersection of Interstate 35 and Kyle Parkway. Hays Free Press reports that the new retail store will generate sales tax revenue…

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ACC Issues $45M in Bonds for Construction of Hays Campus

ACC Issues $45M in Bonds for Construction of Hays Campus

By Camelia Bulea, Associate Editor Austin Community College has recently approved the issuance of $45 million in bonds for the development of its new Hays Campus in Kyle. $10 million will cover the cost of the 96-acre land purchase situated in Plum Creek, while the remaining $35 million will be…

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Renaissance Arboretum Part of $263M Portfolio Bought by Inland

Renaissance Arboretum Part of $263M Portfolio Bought by Inland

By Camelia Bulea, Associate Editor The Renaissance Arboretum Hotel in Northwest Austin was recently bought by Inland American Lodging Group Inc. as part of a $262.5 million deal which consists of two other Marriott International Inc.-affiliated hotels in Georgia and Kentucky. The Arboretum is a 10-floor, 492-room atrium hotel that…

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Trammel Crow Plans Project on Former Water Treatment Site

Trammel Crow Plans Project on Former Water Treatment Site

By Camelia Bulea, Associate Editor An old water treatment site in downtown Austin could be transformed into a $500 million real estate project, a vision that the city council made public a week ago. The city and Trammel Crow envision a pair of high-rise apartment complexes, an office tower, a hotel…

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