Austin
Ryan Cos., Grand Living Plan 2 Luxury Senior Communities in Texas
The communities include the Grand Living at Riverstone in Sugar Land and Grand Living at Georgetown. Both will have 180 units and feature an age-in-place model.
Senior Resource Group Debuts in Texas With Tower Project
Scheduled for completion in 2019, the 230-unit community is designed for residents age 62 and older.
Record-Breaking Tower Tops Out in Austin
Located downtown, The Independent—the tallest residential tower west of the Mississippi River—rises 685 feet and comprises 58 stories.
TX Student Housing Receives $28M Construction Loan
The 66-unit development is scheduled for completion by the 2019-2020 academic year and will serve students at the University of Texas at Austin.
RBJ Center in Texas Begins Renovation, Redevelopment
The existing 16-story tower will be revamped and a new five-story building will be added. Upon completion, the property will have more than 500 apartments for seniors.
On the Market: 5 Interesting Listings for the Week of 4/30
This week’s listings include a newly renovated age-restricted community in Vegas and a turnkey asset in central Richmond, Va.
StreetLights Residential Breaks Ground in Northwest Austin
The Elizabeth at Presidio, a 373-unit luxury community, marks the firm’s second asset in the area and is situated within walking distance of the Lakeline Metrorail commuter station.
Downtown Austin Will Be Home to New Micro-Unit Community
Transwestern Development Co. acquired 1.6 acres to build 263 units and a 3,000-square-foot restaurant.
Lincoln Ventures Breaks Ground in Austin
Ruckus 2.0 is a 67-unit, 239-bed student housing community slated for completion in fall 2019 and is the sequel to The Ruckus, a project completed last summer that is west of the UT campus.
Healthy Demographics Push Up Demand in Austin
The metro’s multifamily demand is expected to remain strong, sustained by an estimated population growth of 2.8 percent in 2018.