Top Stories
Have you been to The Domain lately? The initial phase of the massive mixed-use development in northwest Austin was completed in 2007. Since then, Endeavor Real Estate Group has steadily added residential, retail, and office projects around the initial retail component owned by Simon Property Group. If you visit the site today, you will notice a sharp increase in the pace of the construction projects underway compared to recent years.
Visit http://buildingatx.com/2015/09/domain-construction-update-september-2015-photos/ to view the full article online.
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On Sept. 14, city leaders announced a partnership that they hope will be part of those next steps in combatting traffic. The Rocky Mountain Institute (RMI), a Colorado-based nonprofit that promotes renewable energy, selected Austin to be a lead partner in an initiative that will explore the role of emerging technology in expanding transportation options.
Visit http://buildingatx.com/2015/09/austin-selected-for-new-transportation-partnership/ to view the full article online.
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National News
With tens of thousands of new units coming on line each month across the country in New York City, Washington, D.C., Seattle, Los Angeles, Atlanta, Dallas and other large markets across the country, developers are venturing further onto the risk curve, bringing luxury offerings and amenities to a wider range of neighborhoods and locations. They're also amping up the amenities with creative and sometimes offbeat features and marketing events to build buzz and push pre-leasing.
Visit http://www.costar.com/News/Article/Sizzle-Factor-Apartment-Developers-Try-to-Out-Amenity-Rivals-In-Crowded-Markets/175190 to view the full article online.
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Investor interest in the seniors housing sector is strong and growing. Transaction volumes are at record high levels, pricing is close to a cyclical peak, and auctions are active and often fully priced. Developers from other property types are actively building seniors housing pipelines, and the cadre of capital providers continues to expand.
Visit http://nreionline.com/seniors-housing/seniors-housing-pricing-bubble-or-not to view the full article online.
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