The Morgan Group Inc. is set to begin construction on Pearl Burnet MF, a seven-story, 400,543-square-foot multifamily property located at 11901 Burnet Rd. in Austin, Texas. The project is expected to cost around $70 million and will be completed in February 2025. The 345-unit tower will feature a four-level parking garage and was designed by STG Design. Construction is scheduled to begin on March 17, 2021.
Oracle’s Departure: What It Means for Austin’s Future and How We Keep Thriving
Oracle's departure from Austin to Nashville, spurred by significant tax incentives and a strategic industry pivot, raises questions about Austin's future economic landscape and its status as a tech hub. Despite potential challenges in the job market and real estate, Austin continues to thrive with a robust pipeline of new companies, significant investments in healthcare and innovation, and a strong commitment to sustainability. Discover how Austin plans to navigate this transition, maintaining its vibrant, innovative spirit in the full article.