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Perhaps the best block left to develop in downtown Austin will hit the market soon.

Travis County voters narrowly defeated a bond measure Tuesday that would have cleared the way for Travis County to spend more than $287 million on a 14-story courthouse building on Guadalupe Street between Third and Fourth streets.

Visit http://www.bizjournals.com/austin/blog/real-estate/2015/11/downtown-austin-block-a-developer-s-dream-likely.html?ana=e_aus_bn_newsalert&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1446652796 to view the full article online.

 
Austin would require developers that displace tenants by demolishing or renovating multi-family properties to provide six months’ notice and relocation stipends under a proposed resolution from Council Member Sabino "Pio" Renteria.

Visit http://cityhall.blog.statesman.com/2015/10/28/council-member-sabino-pio-renteria-proposes-tenant-relocation-assistance-ordinance/ to view the full article online.

 
Republican leaders in the House on Friday evening unveiled a measure to extend federal transportation funding for three weeks in an effort to prevent a highway-funding shutdown.

The measure (H.R. 3819) would extend federal transportation spending — currently set to expire Oct. 29 — until Nov. 20.

Visit http://thehill.com/policy/transportation/257992-house-unveils-three-week-highway-funding-patch to view the full article online.

 
Advocacy
A showdown of sorts is in the works with members of Austin's real estate community uniting to fight a proposed resolution that would require more stringent lobbying registration for individuals and companies who do business with the city.

Visit http://www.bizjournals.com/austin/blog/real-estate/2015/10/lines-being-drawn-by-both-sides-over.html?ana=e_du_pub&s=article_du&ed=2015-10-28&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1446123317 to view the full article online.

 
United Heritage Credit Union
Naylor Association Solutions
Local News
Tech giants Google Fiber, Dropbox and Atlassian don’t have as many demands as you’d expect. Those three pioneers of creative workplaces joined us for Bisnow’s Austin State of Office event, and they gave us insight into their office design, amenities they really care about, and the appeal and challenges of moving to Austin.

Visit https://www.bisnow.com/austin-san-antonio/news/office/food-and-floor-to-ceiling-windows-what-google-dropbox-and-atlassian-really-want-51389 to view the full article online.

 
Garriott’s PRT system, like other similar systems, would use a fleet of automated podcars along a series of guideways to take passengers directly from point A to point B on demand.

Visit http://www.bizjournals.com/austin/news/2015/10/29/austins-futuristic-rapid-transit-podsystem-can.html?ana=e_aus_rdup&s=newsletter&ed=2015-11-02&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1446479253 to view the full article online.

 
National News
Want to shave a few dollar—or a lot—of dollars off your property management expenses? You can put a smile on your face with these five tips from JLL regional manager of Property Management Steven Froot.

Visit http://www.globest.com/news/12_1228/atlanta/asset_management/Five-Tips-to-Cut-Property-Management-Costs-363045-1.html?ET=globest:e48025:852195a:&st=email&s=&cmp=gst:National_AM_20151029:editorial to view the full article online.

 
"There has been a ‘perfect storm’ of demand for purpose built housing for colleges to compete for top students, lack of available funds for particularly public universities to fund new projects and an increase in enrollment coming out of the last recession."

Visit http://www.globest.com/news/12_1228/national/student_housing/Ideal-Target-Market-for-Student-Housing-Projects-363024-1.html?ET=globest:e48025:852195a:&st=email&s=&cmp=gst:National_AM_20151029:editorial to view the full article online.

 
As today’s tenants demand convenience and comfort when it comes to amenities, developers and landlords seek inspiration from the hospitality sector to deliver. We spoke with four multifamily, office and retail experts about how they’re looking to hotels to win the amenities arms race.

Visit https://www.bisnow.com/chicago/news/commercial-real-estate/how-hospitallity-fuels-the-amenities-arms-race-51640 to view the full article online.

 
Cornell first in higher ed to earn the newly established Green Garage Certification

Visit http://www.universitybusiness.com/article/what%E2%80%99s-trending-green-garages to view the full article online.

 
This ingenious cooling system circulates cooled air in an endless loop—all without any electricity.

Visit http://www.fastcoexist.com/3052649/this-building-doesnt-need-a-c-the-building-itself-is-an-air-conditioner?utm_source to view the full article online.

 
Events
Tuesday, November 17
11:15 am- 1:00 pm

The Four Seasons Hotel
98 San Jacinto Blvd.

Visit http://recaonline.site-ym.com/events/event_details.asp?id=688297 to view the full article online.

 
RECA Real Estate Council of Austin®
98 San Jancinto Blvd. Suite 510 - Austin, Texas 78701
info@reca.org | www.reca.org