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“Smart Austin Realty Group Announces Sale of Franklin Park Assisted Living Facility”

Austin Real Estate News

Smart Austin Concierge

February 14, 2023

Smart Austin Realty Group is pleased to announce the sale of Franklin Park, a 76-unit assisted living and memory care community located at 4155 Teravista Club Dr. in Round Rock. Representing the seller, a partnership between Franklin Park Senior Living and an institutional investor, was Cushman & Wakefield. The buyer was Inspired Healthcare Capital. For more news related to senior living in the Austin area, please refer to the Texas Real Estate Research Center.

Commercial, Construction, Daily Brief, Developments, Local News, Real Estate & Construction, Residential

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.

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.
Events, Stuff to do

Burleson Studios: A Glimpse into Austin’s Future of Affordable Housing

Burleson Studios emerges as a groundbreaking affordable housing initiative in Austin, promising to blend modern design with accessibility at 7905 Burleson Road. With a visionary partnership between Foundation Communities and Urban Foundry Architecture, the project, underpinned by a significant public investment, aims to redefine urban living in Travis County by 2026. Discover how this transformative development is setting a new standard for community-focused, affordable living in one of Texas's most dynamic cities.

"Create a vibrant and hopeful illustration of the Burleson Studios, an affordable housing complex in Austin, Texas, where modern design meets affordability. The image should capture a bustling community scene with residents of diverse backgrounds engaging with each other. Include architectural elements that reflect a blend of innovation and comfort, such as solar panels, communal gardens, and eco-friendly materials. The complex is bathed in the warm glow of a sunset, symbolizing hope and a bright future for affordable living in the city. In the background, the Austin skyline is visible, connecting the project to the heart of the city. Make sure to convey a sense of warmth, inclusivity, and community spirit, embodying the project's mission to tackle the housing affordability crisis and enhance the quality of life for its residents."
Commercial, Construction, Real Estate & Construction, Residential

“Breaking Ground and Building Dreams: The Rise of Burleson Studios in Austin’s Skyline”

Discover the transformative Burleson Studios project set to redefine affordable living in Austin, TX. Slated for completion in 2026, this venture promises to blend comfort and affordability, creating 104 units of multifamily housing designed by the visionary Foundation Communities. Dive deeper into how this project, fueled by a $15 million Supportive Housing Initiative Pipeline loan, signifies a bright future for Austin's residents, and why it's more than just construction—it's a community coming to life.

For the hero image of this article, imagine a vibrant and dynamic scene capturing the essence of excitement and community spirit surrounding the construction of Burleson Studios. The image foreground features a brightly colored, artistic rendering of the future Burleson Studios, with its modern, three-story architecture prominently displayed. Construction cranes and scaffolding subtly frame the building, symbolizing the work in progress, while a diverse group of people – families, young professionals, and construction workers – gather in front, engaging with each other in a lively community event. The background shows a stylized Austin skyline under a clear, blue sky, with iconic buildings recognizable but not overpowering, ensuring Burleson Studios remains the focal point. The skyline subtly transitions into a lush, green landscape, representing the southeast side of Austin and the balance between urban development and natural beauty the city maintains. To the side or bottom of the image, a calendar with the dates "August 31, 2024 - April 30, 2026" is cleverly integrated, along with a price tag showing "$1,616,593.96," highlighting the project's timeline and budget. Adding to the sense of community and forward-thinking, digital elements like a QR code or a web link (represented visually, not as actual text) to the article's main points or to the Travis County HHS Supportive Housing Division's resources float around the edges, inviting engagement and exploration. The overall atmosphere of the image is optimistic, colorful, and inclusive, capturing the spirit of Austin and the promise of Burleson Studios as a beacon of affordable living and community enrichment.
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