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Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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Austin's skyline to reach new heights

Austin skyline will feature a new skyscraper.

Austin skyline will feature a new skyscraper.

A skyscraper proposed for 600 Guadalupe St. in downtown Austin is planned to soar more than 60 stories high — perhaps up to 75 — it would be by far the tallest building in the city.

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Summit at Rivery adds tenants as city acts on retail plan

The Summit at Rivery Park, the 32-acre mixed-use development between Rivery Boulevard and Williams Drive, will see new locations for Orangetheory Fitness and Woops BakeShop open by the fall, according to the companies.

The boutique retail development’s owner expects to add several more tenants before the end of 2017, including a brick-oven pizza restaurant, according to Jeff Novak, managing partner with Novak Brothers, the company behind the retail development. …Read Entire Post

Work starts on Plaza Saltillo development

Construction began recently on a mixed-use project years in the making that will reshape a slice of East Austin directly across I-35 from the Central Business District. …Read Entire Post

$105M entertainment district headed to Hutto

Hutto City Council unanimously voted Thursday night to start negotiations with MA Partners to lead the redevelopment of the Co-Op District, near the intersection of Short Street and Highway 79. The district is centered around a repurposed former cotton gin that operated in the Williamson County town from 1938 to 2001. …Read Entire Post

Austin Oaks in limbo as it awaits zoning approval

Austin City Council has postponed consideration of a planned unit development rezoning that would transform a Northwest Austin office park into a mixed-use center with offices, stores and apartments.

City Council was slated to vote a second time on the Austin Oaks rezoning at its March 2 meeting. But a long debate on the planned Plaza Saltillo redevelopment meant that Council did not get to Austin Oaks until after midnight. …Read Entire Post

Plaza Saltillo won final zoning approval from city council

The deal sets a building height limit of 70 feet for the entire project, which sits on about 10 acres along Capital Metro train tracks, but Endeavor could exercise the option to build a 125-foot office building.

Ten acres around the Plaza Saltillo train stop will soon go vertical after a mixed-use project won final zoning approval Thursday. …Read Entire Post

CSW Development Sells Office Property

2711 w anderson

Linda Scott-MyStatesman.com

CSW Development has completed the disposition of an office property located at 2711 W. Anderson Lane in Austin. Paydar Properties Inc. acquired the two-story, 29,000-square-foot property for an undisclosed price. The buyer plans to redevelop the property into 27 Eleven, a mid-rise multifamily and mixed-use development in the near future.

Click here to read the full article: CSW Development Sells Office Property REBusiness 01-18-2017

Mothers’ Milk Bank scores bigger HQ in Austin

Mothers’ Milk Bank at Austin — the largest distributor of human milk in the country — is preparing to move into a property it purchased last year at 5925 Dillard Circle near the Austin Community College campus at the former Highland Mall. …Read Entire Post

More than 1M square feet of commercial space slated in San Marcos project

trace_highpointeTrace, a $475 million mixed-use project with 1,000 homes and hundreds of apartments as well as office and retail space, is set to rise near the outlet malls in San Marcos. Construction is expected to begin this month on the 420-acre project at Posey Road and I-35, south of the mall. …Read Entire Post

Huge project on the horizon south of Austin

Pecan Woods Location MapWalton Development and Management moved a step closer recently to starting work on a major mixed-use community in Hays County as part of its vast plans for Central Texas. The 763-acre Pecan Woods project passed a key hurdle Aug. 17 when Kyle City Council approved a development agreement to create a public improvement district, Community Impact reports. …Read Entire Post