RECA Weekly NewsWire

Real Estate Council of Austin®

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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

Visit http://www.reca.org/blog/post/maintaining-status-quo-will-hurt-the-community to view the full article online.

 
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.

Visit http://www.forbes.com/sites/erincarlyle/2016/02/10/building-boom-towns-the-metro-areas-with-the-most-new-construction/?utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter%20Weekly%20Roundup:%20Construction%20Dive%2002-13-2016&utm_term=Constructio to view the full article online.

 
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.

Visit http://www.constructiondive.com/news/city-slickers-why-urban-centers-are-drawing-population-bookends-of-mille/414042/ to view the full article online.

 
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.

Visit https://www.cpexecutive.com/post/commercial-real-estate-opportunities-in-the-emerging-cannabis-industry/ to view the full article online.

 
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.

Visit http://www.globest.com/sites/lisabrown/2016/02/17/funding-for-mapping-company-fuels-expansion/?kw=Funding%20for%20Mapping%20Company%20Fuels%20Expansion&cn=20160217&pt=Texas&src=EMC-Email&et=editorial&bu=REM to view the full article online.

 
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.

Visit http://www.bdcnetwork.com/changing-guard-big-cities-giving-way-newer-less-expensive-offerings?eid=328250481&bid=1309578?eid=328250481&bid=1309578 to view the full article online.

 
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.

Visit https://www.bisnow.com/houston/news/commercial-real-estate/houstons-five-most-interesting-hotels-55861 to view the full article online.

 
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.

Visit http://www.facilitiesnet.com/green/article/Using-Buildings-to-Support-Human-Health--16347 to view the full article online.

 
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.

Visit http://www.constructormagazine.com/the-odds-are-getting-worse/#.VsNRlU0VFtR to view the full article online.

 
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.

Visit http://dcinno.streetwise.co/2016/02/16/dc-real-estate-co-working-space-startup-swingspace/ to view the full article online.

 
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.

Visit http://www.globest.com/sites/nataliedolce/2016/02/11/study-shows-growing-need-for-self-storage-alternatives/?kw=Study%20Shows%20Growing%20Need%20for%20Self-Storage%20Alternatives&cn=20160212&pt=National&src=EMC-Email&et=editorial&bu=REM to view the full article online.

 
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.

Visit https://skift.com/2016/02/10/how-airbnb-is-quietly-positioning-itself-to-disrupt-the-meetings-industry/ to view the full article online.

 
Events
Thursday, March 10
7:30 am - 9:00 am

The Four Seasons Hotel
98 San Jacinto Blvd.

Visit http://recaonline.site-ym.com/events/EventDetails.aspx?id=760998 to view the full article online.

 
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

Visit http://recaonline.site-ym.com/events/EventDetails.aspx?id=780998 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