Last year, the Austin City Council decided, wisely, not to rush into a sketchily conceived challenge of the Travis County commercial tax roll. Now, the new 10-1 council appears ready to make that mistake, appealing to the emotions and biases of its political base and ignoring the realities of the cost of living and governing in Austin.

Austin’s changing demographics were the focus of the 15th Annual Commercial Real Estate Power Luncheon Monday at the Hyatt Regency Hotel.

Strategic Hotels & Resorts Inc., owner of 18 high-end luxury resorts and hotels around the country, announced its intention to acquire the Four Seasons Austin in a $197-million deal. Marking its entrée into the Texas market, Chicago-based Strategic was drawn to Austin’s growth and the ability to strengthen its geographic reach.

Austin City Council members have their eyes focused on the future with various items discussed during the May 19 work session before this week's council meeting.

Topics ranging from the development of a flood buyout program to proposed changes to the city's homestead exemption are not likely to receive votes until June 4. Other items on the May 21 agenda are likely to spur discussion throughout the day—and into the evening.

A regional transportation plan designed to manage growth in Central Texas nearly received unanimous approval May 11 by the Capital Area Metropolitan Planning Organization policy board.

Vacancy is declining even with new industrial product being delivered, so we asked CBRE first VP Ace Schlameus and senior associate Josh Aguilar to give us the 411 on where the activity is hottest and why.

Whether it was intended or not, Austin’s Monofonus Press independent record label picked an opportune – if unfortunate – time to release "We Jam By Condos" compilation album of Austin music.

The developers behind the downtown condo high rise that’s already gotten the nickname "the Jenga tower" have released renderings and more details about that project.

The Independent will offer units ranging in price from the mid-$300,000s to more than $3 million, and ranging in size from 675 square feet to more than 3,400 square feet.

Eleven new buildings and key real estate transactions were recognized Wednesday evening during the Austin Business Journal’s 2015 Commercial Real Estate Awards gala at the Four Seasons Hotel.

While creative space has taken the office market by storm, industrial users are also craving these amenities, SR Commercial’s principals Adam Robinson and CJ Stos tell GlobeSt.com. As GlobeSt.com reported last week, the privately held, full-service commercial real estate investment company has acquired an 11.8-acre land parcel in Carlsbad on which it plans to develop a 151,500-square-foot, multi-tenant industrial distribution project.

Students planning to live off-campus at Cornell University are familiar with high rent prices for less-than-stellar apartments and signing leases a year in advance.

The competition for off-campus housing is often so steep that students camp out in front of management companies to secure a lease for the upcoming year. Most start looking next year’s housing before classes for the current year have started.

More than one-third of the U.S. workforce is aged 18 to 34.

If you’re one of those who considers the millennial generation a bunch of entitled, narcissistic, know-it-alls, I have bad news for you: there’s more of them than there are of you.

When: Wednesday, June 10
11:15 AM - 1:00 PM

Where: The Four Seasons Hotel
98 San Jacinto Blvd.

When: Thursday, June 11
From 2 PM to 3 PM

Online Webinar

Contact:
Ryan Poulos
ryan.poulos@reca.org
Phone: 512-320-4151

If you regularly work on Traffic Impact Analysis (TIA) then you need to watch this webinar. You’ll learn everything you need to know about TIA requirements for new development projects as well as how and when to effectively incorporate a traffic engineer into your project team. You’ll also learn about the differences between a TIA, Traffic Study and Parking Study.