{{titleBar.title}}

{{titleBar.tagline}}

 

 

Round Rock to renovate former city library in MayRound Rock to renovate former city library in Mayhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306012024-02-14T06:00:00Z2024-02-24T00:00:00Z

ROUND ROCK – The city has plans to renovate its 35,000-sf former library.

The project team will relocate office zones toward the east side of the building to utilize existing windows and create a more public face for tenants.

The project also includes a redesign of the public paseo that connects to the building.

According to the City of Round Rock's website​, "future programming for the building is expected to include an arts and culture space, the Round Rock Visitors Center,​ and the Round Rock Chamber."

McKinney York Architects is designing the project. Braun & Butler Construction is serving as the general contractor.

Construction is scheduled to begin in May.​

REBUSINESS
Austin-Round Rock
Public Facilities
https://rebusinessonline.com/category/texas/page/2/Read more at {Source}
San Marcos' new modular style apartment complex finishing construction in AugustSan Marcos' new modular style apartment complex finishing construction in Augusthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306072024-02-14T06:00:00Z2024-02-24T00:00:00Z

SAN MARCOS – Z-Modular's $82 million Flatz 512 apartment complex is almost complete after breaking ground in 2020.

Z-Modular's unique style consists of “module" apartments that are built off site in Killeen, then shipped to the job site to be stacked and finished.

Flatz 512 has 384 units across eight buildings in addition to the leasing office. It will have studios and one-, two-, and three-bedroom units, pickleball court, fitness center, sports simulator lounge, and dog park.

It will also have electric vehicle charging stations, nature trails, and a stocked pond.

The project, located at 834 Cottonwood Pkwy., is expected to be completed in August.​

Community Impact Newspaper
Austin-Round Rock
Multifamily
https://communityimpact.com/austin/san-marcos-buda-kyle/development/2024/02/09/flatz-512-apartment-complex-nearing-completion-in-san-marcos/Read more at {Source}
Four industrial buildings to begin construction in Haltom CityFour industrial buildings to begin construction in Haltom Cityhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306412024-02-21T06:00:00Z2024-02-23T22:00:00Z

HALTOM CITY – Four industrial buildings are underway that will bring in $100 million in capital improvements and gross sales between $80 million and $90 million.

The $42.6 million project on Northeast Loop 820 and North Beach St. will be 653,000 sf total. Construction begins in April or May.

The project is part of a 50-acre mixed-use development anchored by H Mart and developed by the city, Mercantile Partners LP, KBC Advisors, Velocis, and Haltom City Forest Properties LLC with Velocis and Mercantile Partners partnering on the four buildings.

The buildings are designed by Ware Malcomb and will be built by Bob Moore Construction.​

Dallas Morning News
Dallas-Fort Worth-Arlington
Industrial
https://www.dallasnews.com/business/real-estate/2024/02/20/industrial-to-get-underway-at-50-acre-haltom-city-development/Read more at {Source}
DFW second nationally in home sales growthDFW second nationally in home sales growthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306372024-02-21T06:00:00Z2024-02-23T19:00:00Z

DALLAS-FORT WORTH-ARLINGTON – The metro's year-over-year home sales last month increased for the first time in two years. This was the second biggest gain nationw​​ide, according to Re/Max LLC.

Home sales increased 14.2 percent year-over-year with 5,208 houses sold in January. New listings in DFW last month were up 40 percent from the same​​ time last year with the median sale price increasing by 1.6 percent.

Salt Lake City was first nationally with a 20 percent gain. Total home sales nationwide increased 2.5 percent year-over-year with a 21.5 percent increase in new listings.​

Dallas Morning News
Dallas-Fort Worth-Arlington
Housing
https://www.dallasnews.com/business/real-estate/2024/02/20/dallas-fort-worth-home-sales-jump-in-january-is-one-of-best-in-the-nation/Read more at {Source}
Houston's Garden Oaks Shopping Center soldHouston's Garden Oaks Shopping Center soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306442024-02-22T06:00:00Z2024-02-23T18:00:00Z

HOUSTON – Whitestone REIT has purchased Garden Oaks Shopping Center, a 107,000-sf shopping center at 3402-3410 North Shepherd Dr.

Aldi anchors the center, which was 96 percent leased at the time of sale.​

REBUSINESS
Houston-The Woodlands-Sugar Land
Retail
https://rebusinessonline.com/whitestone-reit-buys-107000-sf-shopping-center-in-houston/Read more at {Source}
67K-sf west Houston industrial building sold67K-sf west Houston industrial building soldhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306452024-02-22T06:00:00Z2024-02-23T18:00:00Z

​HOUSTON – Levcor has acquired a 67,000-sf industrial building at 6767 Portwest Dr.

The single-story building was constructed on four acres in 1987.

Capital Markets represented the seller, Interek, while the buyer was represented internally.

REBUSINESS
Houston-The Woodlands-Sugar Land
Industrial
https://rebusinessonline.com/levcor-acquires-67000-sf-industrial-building-in-west-houston/Read more at {Source}
240-unit affordable housing complex to undergo $12.6M renovation240-unit affordable housing complex to undergo $12.6M renovationhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=305962024-02-14T06:00:00Z2024-02-23T17:00:00Z

​HOUSTON – FTK Construction Services has launched a $12.6 million renovation of Brookside Gardens Apartments, a 240-unit affordable housing complex at 3525 S Sam Houston Pkwy E.

Interior renovationsg will include new paint, flooring, door hardware, plumbing fixtures, light fixtures, and HVAC systems.​

Exterior renovations will include upgraded walkways, parking areas, lighting, signage, and new roofs on all buildings.

DevCo Residential Group owns the three-story building, which was built in 2006.​

REBUSINESS
Houston-The Woodlands-Sugar Land
Multifamily
https://rebusinessonline.com/ftk-construction-launches-12-6m-renovation-of-south-houston-apartment-complex/Read more at {Source}
Multifamily development to come up by Q2 StadiumMultifamily development to come up by Q2 Stadiumhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306262024-02-19T06:00:00Z2024-02-22T00:00:00Z

AUSTIN – Turnbridge Equities LLC and the Burt Group are planning to build 825 apartment units just east of Q2 Stadium.

The two sites included in the plan consist of four office buildings totaling 175,000 sf and an 8.5-acre tract that encompasses 2101, 2105, 2111, and 2201 Donley Dr. The sites combined are valued at just under $43 million.

If the project is approved, zoning would be changed to allow for mixed-use residential construction up to 491 feet high.

Austin Business Journal
Austin-Round Rock
Multifamily
https://www.bizjournals.com/austin/news/2024/02/15/apartments-q2-stadium-turnbridge-properties-austin.htmlRead more at {Source}
Dallas' Sonesta Suites to be converted into apartmentDallas' Sonesta Suites to be converted into apartmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306182024-02-16T06:00:00Z2024-02-21T22:00:00Z

DALLAS – A 40-year-old hotel near LBJ Fwy. will be converted into apartments with a completion date in early 2025.

The 296-room Sonesta Suites hotel on Alpha Rd. and Coit Rd. will add amenities to the first floor and kitchens to the rooms as well as rename the hotel Omni Vision Dallas.

Beverly Hills-based Omninet Capital acquired the hotel in 2022. They're working with Indiana-based designer LA+D on the project.​

Dallas Morning News
Dallas-Fort Worth-Arlington
Multifamily
https://www.dallasnews.com/business/real-estate/2024/02/16/sonesta-suites-hotel-in-north-dallas-converting-to-apartments/Read more at {Source}
411K-sf industrial development sold in in northwest Houston411K-sf industrial development sold in in northwest Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306222024-02-19T06:00:00Z2024-02-21T16:00:00Z

​HOUSTON – Sterling Investors has acquired Northwest Logistics Center, a 411,460-sf industrial facility.​

Built in 2018, the cross-dock building has 138 dock doors and 32-ft clear heights.

JLL represented the seller.​​​

REBUSINESS
Houston-The Woodlands-Sugar Land
Industrial
https://rebusinessonline.com/jll-arranges-sale-of-411460-sf-industrial-facility-in-northwest-houston/Read more at {Source}
Schulle Farms bringing more housing to Caldwell CountySchulle Farms bringing more housing to Caldwell Countyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=305532024-02-05T06:00:00Z2024-02-21T00:00:00Z

MAXWELL – La Tierra Realty has received the go ahead on Schulle Farms, an 800-plus home subdivision planned for this community in Caldwell County.

The 227-acre subdivision will have 831 homes and a potential ten-acre commercial property.

The company doesn't have a preference as to whether it will go with a single homebuilder or multiple homebuilders for the project, but if lots were purchased by different builders, the site plans have a natural dividing line in the form of a floodplain to help separate lots.


Austin Business Journal
Austin-Round Rock
Housing
https://www.bizjournals.com/austin/news/2024/01/25/more-details-caldwell-county-subdivision.htmlRead more at {Source}
Third SA Urban Office location breaks groundThird SA Urban Office location breaks groundhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306282024-02-19T06:00:00Z2024-02-21T00:00:00Z

​SAN ANTONIO – Braun Enterprises has started construction on a third Urban Office in the Medical Center at 8637 Fredericksburg Rd.

The company owns all four buildings on that tract and plans to house 88 office units between two buildings while hunting for retail tenants to occupy the other two buildings.

Urban Office touts its ability to offer all the amenities and networking opportunities of a standard office building with flexible lease terms and a focus on networking.

LK Design Group is the project's architect.

Construction is expected to wrap up in early fall.

 


San Antonio Business Journal
San Antonio-New Braunfels
Office
https://www.bizjournals.com/sanantonio/news/2024/02/19/urban-office-medical-center.htmlRead more at {Source}
International concrete business buys $2.1B worth of Texas assetsInternational concrete business buys $2.1B worth of Texas assetshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306312024-02-19T06:00:00Z2024-02-21T00:00:00Z

​TEXAS – Three months after announcing a deal to expand its Texas footprint, Ireland-based CRH plc closed on a $2.1 billion acquisition of several South and Central Texas assets for the production and distribution of cement and concrete from Martin Marietta Materials Inc.

The company took ownership of the Hunter Cement Plant in New Braunfels, cement terminals in the Houston and San Antonio regions, and 20 concrete plants in San Antonio, Austin, Bastrop, and Round Rock.

CRH sells construction materials for public and private projects, with public infrastructure work being 40 percent of the company's business.​

San Antonio Business Journal
Texas
Industrial
https://www.bizjournals.com/sanantonio/news/2024/02/12/crh-closes-deal.htmlRead more at {Source}
Northlake mixed-use project planning 900 apartmentsNorthlake mixed-use project planning 900 apartmentshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=305872024-02-09T06:00:00Z2024-02-20T22:00:00Z

​​NORTHLAKE – Plans for a 60-acre mixed-use development near Texas Motor Speedway on SH 114 are underway with the first phase finishing in late 2025.

The Chadwick Farms development between Chadwick Pkwy. and Cleveland Gibbs Rd. will have 900 apartments and 60,000 sf of retail, restaurant, entertainment space, and hospitality.

Canadian-based Western Securities is the developer. Retail Street Advisors is handling retail leasing.

The project coincides with the development of an adjacent indoor sport facility. ​

Dallas Morning News
Dallas-Fort Worth-Arlington
Mixed-Use
https://www.dallasnews.com/business/real-estate/2024/02/09/60-acre-mixed-use-development-inbound-near-texas-motor-speedway/Read more at {Source}
Two rental communities adding 267 homes to Melissa, AubreyTwo rental communities adding 267 homes to Melissa, Aubreyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306162024-02-16T06:00:00Z2024-02-20T21:00:00Z

MELISSA, AUBREY – California-based developer Legacy Partners is partnering with Resmark Cos. to build two rental communities totaling 267 houses.

The Highland community in Melissa on Highland Rd. and McKinney St. will have 133 homes with one-, two-, and three-bedroom layouts ranging from 780 to 1,500 sf with monthly rents starting at $2,100.

The Aubrey development of Oak Grove will have 134 homes with one-, two-, and three-bedroom layouts ranging from 770 to 1,625 sf. Both communities will open in late 2025 and will include a clubhouse, coworking spaces, fitness centers, resort-style pools, dog parks, and green space.

Provident General Contractors is the builder. Architecture Demarest designed the Aubrey community while UD Architects designed the one in Melissa.​

Dallas Morning News
Dallas-Fort Worth-Arlington
Housing
https://www.dallasnews.com/business/real-estate/2024/02/16/california-developer-plans-two-north-texas-rental-home-projects/Read more at {Source}
371-unit multifamily project underway in Houston371-unit multifamily project underway in Houstonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=305942024-02-14T06:00:00Z2024-02-20T17:00:00Z

​HOUSTON – McNair Interests has begun construction on a 371-unit multifamily project at 3001 W. 11th St.

Th five-story building will have one-, two- and three-bedroom units averaging 813 sf.

Amenities will include a pool, fitness center, outdoor grilling and dining stations, dog park, and coworking space.

Munoz & Albin designed the community, with Preston Partnership serving as the architect of record.

Cadence McShane Construction is the general contractor.

The first units are expected to be available for occupancy in early 2025.​

REBUSINESS
Houston-The Woodlands-Sugar Land
Multifamily
http://https://rebusinessonline.com/mcnair-interests-begins-construction-on-371-unit-multifamily-project-in-houston/Read more at {Source}
Espero Rutland permanent supportive housing complex opens in AustinEspero Rutland permanent supportive housing complex opens in Austinhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306102024-02-14T06:00:00Z2024-02-20T00:00:00Z

​​AUSTIN – Espero Rutland, a $34 million permanent supportive housing complex for those experiencing chronic homelessness, has finished construction and is now open.

Caritas of Austin began construction in August 2021 in partnership with the Austin Housing Finance Corporation and The Vecino Group.

The building houses 171 fully furnished studios and on-site, continuous support services for residents. Of those units​​, 101 are considered permanent supportive housing and are reserved for those enrolled in the county's Continuum of Care system. For these units, $7.5 million in city bonds are going toward housing vouchers to subsidize the building operations.

There are 25 units reserved for veterans as well as 18 ADA-compliant units available.

Personalized support in housing, education, support, employment resources, food resources, and connections to mental/physical health services will also be offered to residents at the housing complex.

As of Feb. 7, 29 of the 171 units were occupied.


Community Impact Newspaper
Austin-Round Rock
Housing
https://communityimpact.com/austin/north-northwest-austin/development/2024/02/07/171-permanent-housing-units-open-in-northwest-austin-for-those-facing-homelessness/Read more at {Source}
San Antonio affordable housing complex to receive $36.6M in tax creditsSan Antonio affordable housing complex to receive $36.6M in tax creditshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306172024-02-16T06:00:00Z2024-02-20T00:00:00Z

​SAN ANTONIO – Pedcor Investments' 336-unit affordable apartment complex has been approved to receive 4 percent housing tax credits from the Texas Department of Housing and Community Affairs.

The $36.6 million in tax credits will help them to finance development of Stones Crossing Apartment Homes at 23211 N. US 281, between Stone Oak Pkwy. and Northwind Blvd., over a ten-year period.

The $101.6 million multifamily rental community will be marketed to families earning 60 percent of the AMI. Rents will start at $979.

Stones Crossing will be developed in partnership with the San Antonio Housing Trust and is expected to be complete in June 2027.​

Community Impact Newspaper
San Antonio-New Braunfels
Multifamily
https://communityimpact.com/san-antonio/north-san-antonio/development/2024/01/11/developer-plans-336-unit-affordable-apartment-complex-near-stone-oak/Read more at {Source}
$16.9M rental community coming to Fort Worth$16.9M rental community coming to Fort Worthhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=305562024-02-05T06:00:00Z2024-02-19T21:00:00Z

​​​FORT WORTH – A 398-unit apartment community will soon break ground near I-30.

The three- and four-story Jefferson Eastchase apartments on Ederville Rd. will begin construction Feb. 22 and open in late 2025. The $16.9 million project will have market-rate and affordable units.

Developer JPI is working with designer DLR Group on the development.  ​

Dallas Morning News
Dallas-Fort Worth-Arlington
Multifamily
https://www.dallasnews.com/business/real-estate/2024/02/05/builder-jpi-to-start-fort-worth-rental-project/Read more at {Source}
Frisco’s Fields West planning $100M phaseFrisco’s Fields West planning $100M phasehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=306152024-02-16T06:00:00Z2024-02-19T20:00:00Z

FRISCO – Four new mixed-use buildings and three parking garages are coming to the Fields West development in its next phase.

The new buildings on Windham Ave. include two two-story offices with retail at 85,000 and 75,000 sf each, and two retail buildings at 41,000 sf and 27,000 sf. 

The $100 million phase will begin construction in July and finish June 2026.

Fields West is developed by Hunt Realty and Karahan Cos. The seven buildings are designed by Gensler.​

Dallas Morning News
Dallas-Fort Worth-Arlington
Mixed-Use
https://www.dallasnews.com/business/real-estate/2024/02/15/office-buildings-retail-to-kick-off-at-friscos-2-billion-fields-west-development/Read more at {Source}

 Search NewsTalk Texas