RECA Weekly NewsWire
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March 3, 2016 In This Issue
Top Stories
Local News
National News
Events
Austin Tree Experts
Equity Secured Capital
United Heritage Credit Union
Top Stories
CodeNEXT and Imagine Austin can provide tools that, far from destroying the neighborhoods, will help them survive and thrive as the city continues to grow and change
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Last year’s great oil price crash hit Texas hard–and the construction industry felt the effect. Greater Houston, America’s oil capital, weathered a 49% drop in construction starts as new activity in manufacturing plunged 97% from the year before. But 240 miles north, construction was on the rise in Dallas.
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The American Institute of Architects Home Design Trend Survey, published in December, found that access to public transportation, multi-generational housing, walkable neighborhoods and mixed-use facilities rule the day when it comes to homeowner preferences. The AIA found that this is all part of a swing toward the desire for more community-oriented living.
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Retail, multi-family, office building and industrial real estate need to move over once again to make room for another niche sector ostensibly related to health care. The newest emerging commercial real estate market truly is a virgin market—cannabis real estate.
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Local News
IdealSpot’s analysis finds the correlation of more than 15,000 metrics as applicable to a specific business and its competitors’ success or failure.
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The city that never sleeps and the city of broad shoulders might be getting a bit tired and atrophied, respectively. Chicago and New York, two of the three biggest cities in the country, are also at the top of the list for cities people are bailing on like a ship taking on water.
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Looking for a staycation? Got visitors coming to town fleeing the cold up north? Here are Houston's coolest and quirkiest hotels worth a visit.
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In response to demand for warehouse space that includes office or showroom space, a hybrid facility is a viable alternative.
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National News
Instead of merely trying to avoid making occupants sick, the current thinking is that buildings should also be designed and operated in a way that actively supports human health and wellness.
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To put it in perspective, there were over 117,000 cyber attacks per day in 2014. That’s up nearly 50 percent from the previous year. At that rate there have already been 40 cyber attacks in the time it’s taken you to read this far in the article.
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Acting as a clearing house for offices with space to share and small companies in need of that space, SwingSpace fits into the idea of the sharing economy much like Airbnb. A key difference though, is that SwingSpace was created with the help of commercial real estate lawyers to make sure that all of the regulations surrounding commercial real estate are handled.
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Among other things, the survey highlighted stronger demand for more storage among millennials with 82% saying that on-demand storage would be useful to them.
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More meeting planners are considering Airbnb as a viable accommodation option, based on new partnerships and programs that dramatically increase the value proposition for themselves, their clients, and their attendees.
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Events
Thursday, March 10
7:30 am - 9:00 am

The Four Seasons Hotel
98 San Jacinto Blvd.
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Thursday, April 28
11:15 a.m. - 1:00 p.m.

Four Seasons Hotel
98 San Jacinto Blvd

Join us as we celebrate RECA's 25th anniversary with a panel discussion between the organization's founders
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