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

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In Texas' capital, construction on many corners

…The combination of a diversifying business center and Austin’s renowned entertainment scene has recently drawn an influx of young and highly educated workers downtown. 

To meet their housing needs, about 500 apartments are under construction and several developers are poised to begin construction on other residential projects. But apartment buildings are not the full extent of this downtown resurgence. Several hotels are under construction, and there are plans for at least two substantial office towers and multiple mixed-use projects. 

Click to read entire article: In Texas’ capital, construction on many corners (NY Times, 8-14-12)

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