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Taylor Morrison Expands Further in the Austin Area through Dripping Springs Land Acquisition

12 Aug 2014, 3:56 pm

By Anca Gagiuc, Associate Editor

After announcing a new phase of development at Leander’s Fairways at Crystal Falls, Taylor Morrison announced the acquisition of over 100 acres in Dripping Springs. Here is where the Founders Ridge single-family home community will debut in mid-2015.

The construction is set to begin this fall, targeting the development of 204 homes sites in the summer of 2015. The homes will range in size from approximately 2,200 square feet to over 3,700 square feet. The homes’ amenities will feature covered patios, mahogany front doors, vinyl windows, granite kitchen countertops, while the community will offer to its future residents vast green space with an extensive trail system.

“Founders Ridge will represent a great opportunity for homebuyers who are looking for affordable homes in a quality school district,” says Tim Towell, president of Taylor Morrison’s Austin division. “The community balances convenient access to downtown with hill country living, providing a great location for the whole family.”

Founders Ridge is conveniently located in the Dripping Springs Independent School District, within walking distance from the Dripping Springs Elementary School and less than a mile from Founders Memorial Park. Taylor Morison acquired the land from Austin-based Norwood Investments, a venture capital and private equity company. The transaction has been handled by Case Commercial Real Estate Partners, but financial details have not been disclosed.



Austin’s Estates at Bee Cave Luxury Condominium Starts Leasing

1 Aug 2014, 3:35 pm

By Anca Gagiuc, Associate Editor

The Estates at Bee Cave, a luxury condominium community has recently started the leasing process. San Antonio-based Embrey Partners and equity partner Nationwide Insurance developed the project on a 24-acre lot located northwest of Austin at 3544 South Ranch Road 620.

“We think Bee Cave is one of the most unique communities in which Embrey has ever built, and we are delighted to be a part of its smart growth initiative,” says Jeff Booth, Embrey’s executive vice president of development and the partner responsible for the Estates project. “We are excited to have developed something beautiful and creative that not only contributes to the City’s comprehensive plan but exceeds expectations in its own right.”

The Estates at Bee Cave offers 316 units of one-, two-, and three-bedroom condominiums with features including custom cabinetry and granite countertops in all kitchen and baths. Community amenities feature barbecue areas with outdoor cooking stations, health and fitness center, game room with billiards and shuffleboard, hike and bike trail, resident conference center and business center. Units range in size from 683 to 1,428 square feet with an average monthly rate of about $1,400. The largest three-bedroom, two-bath homes with a two car direct-access garage, washer and dryer and hill top views rents for $2,300 monthly.

“The topography of the land is particularly spectacular, and we’ve taken great care in crafting the community to make the best use of what nature has already created,” adds Booth.

The development has been designed by architectural firm Kelly Grossman with abundant open space and tree save areas. The managing company is Embrey Management Services.



Taylor Morrison Announces New Phase for The Fairways at Crystal Falls Northwest of Austin

25 Jul 2014, 10:00 pm

By Anca Gagiuc, Associate Editor

Arizona-based builder and developer Taylor Morrison announced the start of a new phase of home sites available at Leander’s Fairways at Crystal Falls. The new phase starts on July 26, offering 20 lots in an impasse area overlooking open space.

Prices start from the mid $300,000s, having to choose from 13 different floor plans that range in size from approximately 2,600 square feet to 4,900 square feet. The structures offered are single- and two-story homes with up to seven bedrooms and 4.5 bathrooms. Some of the features are first-floor master suites, optional first-floor guest suites, media rooms, and game rooms.

“This phase is truly special, offering a secluded getaway for homebuyers who put a premium on open space, intelligently designed floor plans and higher end finishes,” said Michael Lindeman, vice president of sales and marketing for the Austin homebuilder. “A majority of these lots back up to open space, allowing for your secluded getaway to extend into your backyard.”

Home buyers at The Fairways at Crystal Falls have two amenity centers located in their own backyard that offer access to a junior Olympic-sized pool, an 18-hole golf course, tennis courts, a play park, a disc golf course, and more. The Crystal Falls Golf Course includes a new pro shop, restaurant, creek side park, cart barn, and driving range with a short game practice area.

The location of Fairways at Crystal Falls in one of Leander’s master-planned communities places the home sites just minutes away from Lake Travis; three on-site elementary schools are available to the residents of the area, while middle and high school facilities are a mile from the community.



HID Global Receives LEED Platinum Certification for Its New World Headquarters and North American Operation Center in Austin

18 Jul 2014, 5:25 pm

By Anca Gagiuc, Associate Editor

The first and only industrial manufacturing facility in the state of Texas to achieve LEED Platinum certification is located in Austin, Texas. The distinction has been awarded to HID Global, a worldwide leader in secure identity solutions.

The Austin building is the company’s world headquarters and North American Operations Center and it has been designed from ground up with this achievement as goal, which includes site selection, design and construction.

“LEED Platinum certification for our world headquarters further elevates our award-winning facility as a leading Austin sustainability showcase and a Texas business success story,” says Kevin Teehan, senior director of strategic operations and corporate sustainability with HID Global.

According to the U.S. Green Building Council (USGBC), only 6 percent of the total LEED certified projects have reached the LEED Platinum level. To attain this certification the buildings need to implement practical and measurable strategies and solutions designed to achieve high performance in sustainable site development, water savings, energy efficiency, materials selection, and indoor environmental quality.

“This achievement signifies our ‘Green by Design’ philosophy and continuing focus on sustainability excellence. For our customers, this translates into innovative, secure products and solutions that help minimize environmental impact while reducing operating costs. We share this accomplishment with all of the many people and organizations who worked with us to make this possible.”

ASSA ABLOY, the parent of HID Global has also received the Platinum distinction, expressing its attachment to the sustainable development movement.

General contractor Harvey Cleary Builders from Houston and Austin-based commercial real estate developer Live Oak-Gottesman were involved in the construction of the world headquarters and North American operations center. Austin-based Studio 8 Architects was responsible with the design of the facility, in collaboration with engineering consulting and design service partners Bury, Endeavor Real Estate Group LLC and Carrillo Dean Landscape Architecture (CDLA). Boston Industrial Consulting, Lee Gros, Architect and Artisan, and the Austin Chamber of Commerce were also important in the development.



Century Communities Announces the Purchase of an Additional 527 Home Sites in Austin

11 Jul 2014, 6:50 pm

By Anca Gagiuc, Associate Editor

Colorado-based Century Communities announced that its subsidiary Jimmy Jacobs Homes acquired 527 premier home sites in two of Austin’s leading communities. A top 50 homebuilder in the United States and one of the top five fastest growing home builders by total revenue, Century Communities has insured a place among the top builders of Austin.

Four hundred and twenty-three of the home sites were acquired in the Pearson Place at Avery Ranch community. Located in one of Austin’s most desirable areas, Pearson Place is an extension of the Avery Ranch master-planned community. Among its featured amenities are five community centers, an outdoor amphitheater, easy access to hiking and biking trails, and close proximity to top-rated schools.

The other 104 acres are wooded home sites acquired in the newly developed Reagan’s Overlook community, 30 miles northwest of Austin, in Leander, Texas. It totals approximately 250 acres and offers beautiful panoramic views of the San Gabriel River valley. Reagan’s Overlook features impasse home site locations, mature oak trees, and views of the Texas hill country. The development of the community is designed into three phases, encompassing 190 home sites; the Jimmy Jacobs Homes has signed to acquire the additional phases of the development.

Jimmy Jacobs Homes is one of Texas’ premier luxury home builders, on the market for over 20 years. Century Communities was launched in 2002, operating in Colorado, Nevada and Texas.







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