All Forum Posts by: Neil Narayan

The third and final phase of construction for an office district — expected to total nearly 334,000 SF and represents the last phase of the roughly 800,000 SF business district - is set to begin early next year

https://www.bizjournals.com/austin/news/2023/07/05/final-pha...

A quarter-billion-dollar film studio planned south of Austin with plans for more than 800,000 SF of studio facilities at full buildout, including 12 purpose-built sound stages, 4 workshops and more than 200,000 SF of production office space get final approval from city. 

Groundbreaking is expected later this year.

https://www.bizjournals.com/austin/news/2023/08/02/hill-coun...

@Jen Lucas could you send me the details to [email protected]?

I see another lawsuit coming if non-owner occupied STR is allowed and the city does not provide licenses for it without a good reason. I do see licenses getting more stringent to obtain e.g. tighter inspections etc

A federal judge ruled Aug. 2 that people who own an investment home in Austin but don't live there can rent it out on Airbnb, Vrbo or other short-term rental websites.

The city of Austin was sued by Houston residents after municipal rules passed in 2016 prohibited them from renting out their house on Lake Austin on the popular travel websites. Such investment properties had to survive on long-term leases; those who own homes in Austin and designate it their primary residence have still been allowed to rent short-term.

“The City is disappointed with the ruling but hopes that the owners and guests of short-term rental properties will be respectful and considerate of the neighborhoods in which they are located. The City is committed to enforcing its nuisance regulations to short-term rental properties as needed,” a City of Austin spokesperson said.

If you get a chance tour a 3D printed home .. 100-home community is in Georgetown’s Wolf Ranch and ICON is using its giant Vulcan robot 3D printer to build it. 

ICON teamed up with Lennar to build and sell eight floorplans with 24 elevations. Each home will be powered by rooftop solar panels. The fully furnished model is now open.



“Our first home starts at $475,000,” Coleman said. “We go up into the high $500,000s.”

https://cbsaustin.com/news/loc...

Plans for 31,0000 acre site could end up being Central Texas' largest-ever development — 50 million SF of industrial space (7X larger than Austin airport) for what it's calling the Advanced Manufacturing and Logistics Campus

https://www.bizjournals.com/au...

• - According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more
• - Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on
• https://www.keepingcurrentmatt...

@Bjorn Ahlblad lol i have been to Tacoma like 10-15 yrs ago and it was a sleepy little town. Will be interesting to see how it has grown. I am guessing since Seattle is so expensive now folks looking for affordable housing have to go out to outer areas like Tacoma.

Round Rock in Austin was featured as the No. 1 place to live in the country on the TODAY Show, among the top five booming cities across the U.S. where people want to live, focusing on communities with top notch quality of life with low cost of living, high growth potential, great schools, job security and opportunity.

The five cities on the list included:

1. Round Rock, TX
2. Sarasota, FL
3. Tacoma, WA
4. Bridgeport, CT
5. Raleigh, NC

https://roundtherocktx.com/tod...