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Construction & Real Estate Update for May 03 2024

Dive into the latest Austin real estate developments, from major construction projects shaping the city's skyline, including medical office renovations and new educational facilities, to the buzzworthy news affecting local real estate trends and investment opportunities. Explore the permits that promise to transform Austin and catch up on the newest real estate insights that could impact your next move in this dynamic market. For an in-depth look at how these updates could benefit you, click through to the full article and saddle up for a comprehensive guide to navigating Austin's real estate landscape with Smart Austin Realty.

Austin Archuleta

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May 3, 2024

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๐ŸŒž๐ŸŒต Friday, May 03, 2024 โ€“ Austin Real Estate Rodeo: Saddle Up for Today’s Market Gallop! ๐Ÿกโœจ

Yeehaw, Austin! It’s your favorite real estate wrangler from Smart Austin Realty, here to lasso you the latest and greatest from our city’s bustling construction and real estate roundup. So, dust off your boots, grab a breakfast taco, and let’s dive into the heart of Austin’s real estate roundup. ๐ŸŒฎ๐Ÿด

๐Ÿšง Today’s Construction Corral: Hot Off the Press Permits ๐Ÿ› ๏ธ

While some might say construction is just noise and dust, we see it as the melody of progress and the sparkle of potential. Let’s check out the permits that are shaping our skyline:

Travis County Impactful Permits Summary

Urology Austin – Atrium IR Center

  • Facility Name: The Atrium Office Centre
  • Location Address: 8701 N. Mopac Expy, Suite 100, Austin, TX 78759
  • Start Date: 05/07/2024
  • Completion Date: 08/22/2024
  • Estimated Cost: $1,600,000.00
  • Square Footage: 8,810
  • Type of Work: New Construction
  • Type of Funds: Privately funded, on private land for private use.
  • Scope of Work: 8810 SF Medical Office Remodel
  • Owner Name: 8701 Mopac Atrium, LLC
  • Design Firm: Barnes Gromatzky Kosarek Architects
  • Link: TABS2024017564

UT TNH CLASSROOM RENOVATION

  • Facility Name: UNIVERSITY OF TEXAS SCHOOL OF LAW – TOWNES HALL
  • Location Address: 727 EAST DEAN KEETON STREET Suite 320, Austin, TX 78705
  • Start Date: 05/05/2024
  • Completion Date: 09/01/2024
  • Estimated Cost: $3,442,000.00
  • Square Footage: 7,475
  • Type of Work: Renovation/Alteration
  • Type of Funds: Involves public funds, public land, or is a Federally funded roadway project.
  • Scope of Work: INTERIOR RENOVATION OF 4 CLASSROOMS AND THE ASSOCIATED CORRIDOR CONNECTING THESE SPACES.
  • Owner Name: THE UNIVERSITY OF TEXAS AT AUSTIN
  • Design Firm: D4 Design Group
  • Link: TABS2024017559

Revelus

  • Facility Name: 4401 Westgate Blvd.
  • Location Address: 4401 Westgate Blvd., Ste. 120, Austin, TX 78745
  • Start Date: 05/31/2024
  • Completion Date: 12/30/2024
  • Estimated Cost: $12,000,000.00
  • Square Footage: 7,500
  • Type of Work: Renovation/Alteration
  • Type of Funds: Privately funded, on private land for private use.
  • Scope of Work: 7500SF medical office interior renovation
  • Owner Name: 4401 Westgate Ltd.
  • Design Firm: FRAMEWORK ARCHITECTS
  • Link: TABS2024017607

Williamson County Impactful Permits Summary

Tim Hortons – Georgetown, TX

  • Facility Name: Tim Hortons
  • Location Address: 3900 Williams Drive, Georgetown, TX 78628
  • Start Date: 08/31/2024
  • Completion Date: 11/30/2024
  • Estimated Cost: $1,300,000.00
  • Square Footage: 1,600
  • Type of Work: New Construction
  • Type of Funds: Privately funded, on private land for private use.
  • Scope of Work: Construction of a new 1,600 sf Tim Hortons Coffee Shop & Bakery, including parking, sidewalk, and utilities.
  • Owner Name: TexBrew Investments, LLC
  • Design Firm: ms consultants.inc
  • Link: TABS2024017551

๐Ÿ“ฐ Hot Off the Press: Austin’s Real Estate News Roundup ๐Ÿ—ž๏ธ

Now, let’s mosey on over to the latest buzz shaking up the Austin real estate scene:

  • Exit and Build Land Summit 4 in Bastrop, TX & Six Austin Neighborhoods Could Vote to Leave the City: Major moves are afoot, y’all! Read More, And Here
  • Green Brick Partners, Inc. (GRBK) Q1 2024 Earnings Call: Big bucks and even bigger dreams. Dig In
  • Housing Market Sees Trend Not Witnessed in Two Years: A twist in the tale for Austin homes. Check It Out
  • New York Offers the Worst Cost-of-Living Tradeoff: But guess who’s living large and in charge? Austin, baby! Peek Here
  • Genslerโ€™s City Pulse Report Indicates the Revival of Urban Living: Urban cowboys and cowgirls, this one’s for you. Explore Now
  • Real Estate Map Shows Where It’s Cheaper to Rent Than Buy: Spoiler alert: Austin’s on the map. Find Out Where
  • Podcast Transcript 481: Money talks, especially in real estate. Listen In

๐Ÿ“ฃ Ad Break: Let’s Keep Austin Weird (And Well-Informed)! ๐ŸŒˆ๐Ÿฆ‰

Navigating the ever-changing landscape of Austin real estate might seem more challenging than deciding on the best BBQ joint in town. But fear not! Smart Austin Realty is here to guide you through every twist and turn. Whether you’re looking to buy your first home, invest in a hip new condo, or sell your piece of Austin paradise, we’re your go-to experts. Discover More

๐ŸŒฎ๐Ÿ“ Ready to Make a Move? Smart Austin Realty’s Gotcha Covered! ๐Ÿก๐Ÿ’ฅ

Can’t wait to dive into the Austin real estate market? Whether you’re a first-time homebuyer or a seasoned investor, Smart Austin Realty is here to steer you in the right direction. Fill out our form today, and let’s start this real estate rodeo, partner! ๐Ÿค ๐Ÿ’ผ

Until next time, keep those spurs shiny and your real estate dreams big. We’re here to make sure you land your dream home in the heart of Texas. Stay tuned for more ATX real estate news and nuggets of wisdom from your pals at Smart Austin Realty. Y’all come back now, ya hear? ๐ŸŒŸ๐Ÿก

KeepAustinInformed #SmartAustinRealty #ATXRealEstateRodeo

Commercial, Construction, Real Estate & Construction, Residential

“Breaking Ground and Raising Dreams: The Lowdown on Austin’s Newest Apartment Complex on FM 969 Road”

Discover the game-changing FM 969 Apartment Complex coming to Travis County, poised to redefine luxury living in Austin with its 304-unit, multi-family setup and state-of-the-art amenities including a lavish pool court. Set to break ground in July 2024 and open by February 2026, this project represents a significant addition to the area's vibrant housing scene, promising more than just a place to live but a new vibrant community to call home. Dive into the details of this exciting development and see why it's the talk of the town by clicking through to our full article.

The hero image for this article could feature a vibrant and dynamic scene that encapsulates the excitement and promise of the new apartment complex and the quintessential Austin vibe. Picture this: In the foreground, an artist's rendering of the FM 969 Apartment Complex is prominently displayed. The architectural drawing showcases the luxurious 1-story club/leasing facility with its inviting pool court, surrounded by the multi-story wood frame structures under a clear, sunny Austin sky. The illustration is detailed and colorful, emphasizing the modern and chic design of the complex. Behind the rendering, the Austin skyline looms, with recognizable landmarks like the Frost Bank Tower and the Texas State Capitol in view, bathed in the golden hues of a setting sun. This backdrop symbolizes the apartment complex's integration into the heart of Austin's vibrant community. To the side or bottom of the image, a sleek, modern font spells out "Welcome to Your Next Adventure in Austin Living" or "The Future of Austin Living Begins at FM 969 Road". This text ties the image to the article's theme of excitement and anticipation for the new development. The overall effect of the hero image is one of warmth, welcome, and innovation, inviting readers to envision themselves as part of this exciting new phase in Austin's growth. It captures the essence of the article: a blend of detailed information about the FM 969 Apartment Complex and the broader appeal of Austin's dynamic real estate and lifestyle opportunities.
Commercial, Construction, Daily Brief, Developments, Local News, Real Estate & Construction, Residential

Construction & Real Estate Update for May 28 2024

Discover the latest efforts to maintain East Austin's unique charm and affordability through an innovative equity/anti-displacement overlay, and take a sneak peek at Atlassian's newly revamped, sustainability-focused Austin office. Plus, find out why Avery Park's booming real estate market could be your next investment opportunity, and keep tabs on Travis County's upcoming 304-unit apartment complex that promises to be a game-changer for local living options. Dive into Austin's real estate and construction scene to stay ahead of the trends.

Discover the latest efforts to maintain East Austin's unique charm and affordability through an innovative equity/anti-displacement overlay, and take a sneak peek at Atlassian's newly revamped, sustainability-focused Austin office. Plus, find out why Avery Park's booming real estate market could be your next investment opportunity, and keep tabs on Travis County's upcoming 304-unit apartment complex that promises to be a game-changer for local living options. Dive into Austin's real estate and construction scene to stay ahead of the trends.
Events, Stuff to do

Celebrating Triumphs and Looking Ahead: Lake Travis ISD’s Noteworthy Year

Lake Travis ISD concludes a remarkable year with significant milestones, emphasizing its commitment to educational excellence and community engagement. From celebrating numerous academic, athletic, and fine arts victories to launching ambitious plans for school safety, fiscal sustainability, and facilities expansion, LTISD is setting the stage for an even more promising future. Discover how these achievements and future initiatives are shaping the Lake Travis area and contributing to Austin's vibrant community, signaling a dynamic and thriving environment for current and prospective residents.

"Create an uplifting and vibrant digital painting that captures the essence of Lake Travis Independent School District's (LTISD) triumphant end to the 2023-2024 school year and the bright anticipation for future achievements. The image should feature a harmonious blend of the following elements: a scenic backdrop of Lake Travis with its recognizable natural beauty, a diverse group of students and teachers gathered in celebration, symbolizing academic, athletic, and fine arts successes. Include visual nods to future projects like a modern, eco-friendly school building representing the new facilities planned, and a safe, welcoming educational environment. The overall atmosphere should be one of community pride, unity, and forward-looking optimism, embodying the spirit of Austin and the LTISD's commitment to excellence."
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