RECA Weekly NewsWire

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The big challenges we face require big solutions. RECA commends Mayor Adler for designating 2016 as the "Year of Mobility." His plan includes hundreds of citywide proposed transportation projects to be completed throughout the year.

Visit http://www.reca.org/blog/post/austin-should-take-year-of-mobility-seriously to view the full article online.

 
The factors spurring healthcare real estate industry growth are also spurring its evolution. Without a retiring baby boomer generation and the Affordable Care Act, the healthcare industry would not be facing the pressure to change business as usual. Add technological advances to the mix and you see a rapidly changing—and ever-increasingly competitive—healthcare real estate scene.

Visit http://www.globest.com/sites/jenniferleclaire/2016/03/11/chronicling-healthcare-real-estates-evolution/?channel=markets&section=atlanta&kw=Chronicling%20Healthcare%20Real%20Estate%E2%80%99s%20Evolution&cn=20160311&pt=National&src=EMC-Email&et=editorial&bu to view the full article online.

 
As shopping center owners and operators look to use technology in innovative ways to support their brick-and-mortar tenants, how do developers balance creative digital solutions with economic feasibility?

Visit http://www.bdcnetwork.com/blog/how-analytics-create-better-store-experiences-and-added-value-retailers?eid=328250481&bid=1343828 to view the full article online.

 
Led by an ongoing drive in new medical office building (MOB) construction, health care facilities overall are geared for continued growth in 2016 after the field’s strong 2015 for the industry, according to Revista, Annapolis, Md., a leading source of data on health care property and construction.

Visit http://www.hfmmagazine.com/display/HFM-news-article.dhtml?dcrPath=/templatedata/HF_Common/NewsArticle/data/HFM/HFM-Daily/2016/healthcare-construction-growth-forecast to view the full article online.

 
Local News
The goal of the contest is for cities to present a viable vision for a 21st-century regional transportation network that encourages the development and adoption of self-driving cars, network vehicles, sensor-based traffic information infrastructure and other technologies DOT calls "Intelligent Transportation Systems." The winner — Austin is one of seven finalist cities in the competition — gets a $50 million grant to begin to implement that vision.

Visit http://www.bizjournals.com/austin/news/2016/03/21/heres-how-austin-envisions-its-transportation.html?ana=e_aus_rdup&s=newsletter&ed=2016-03-22&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1458653481&j=71630472 to view the full article online.

 
It’s been nearly two years since Capital Metropolitan Transportation Authority selected Endeavor Real Estate Group and Dallas-based Columbus Realty Partners Ltd. to develop the 10-acre Plaza Saltillo site. On March 21, Capital Metro’s board made it formal, approving in a 7-0 vote a master development agreement with Endeavor.

Visit http://buildingatx.com/2016/03/see-what-endeavor-has-in-store-for-plaza-saltillo-renderings/ to view the full article online.

 
Northshore is a 27-story mixed-use residential development with 524 rental apartments, retail and public parking on nearly a million square feet, with final completion expected by September 2016.

Visit http://www.globest.com/sites/lisabrown/2016/03/16/former-greenwater-treatment-plant-finds-mixed-use-life/?utm_medium=email&utm_source=Act-On+Software&utm_content=email&utm_campaign=Why%20Experts%20Are%20Bullish%20on%20Austin%20Mixed-Use&utm_term=this%20Gl to view the full article online.

 
The AGC Charities organization and dozens of construction firms joined together for the "Extreme Give" effort to build Morgan’s Inspiration Island, which they called the first-ever ultra-accessible water park, as an addition to non-profit Morgan's Wonderland theme park in San Antonio.

Visit http://www.constructiondive.com/news/contractors-helping-communities-agc-charities-aids-construction-of-1st-ult/415849/ to view the full article online.

 
The 430-bed Hype now offers all new interiors along with community amenities which include a swimming pool and hot tub, cabanas, water and sand volleyball, an outdoor theater, gas grills, an outdoor fire pit, a 24-hour fitness center, an off-leash dog park and a five-acre play scape with hammocks and an organic garden. The community is located on the Brazos River, offering abundant nature activities.

Visit http://www.globest.com/sites/lisabrown/2016/03/18/student-housing-that-lives-up-to-the-hype/?kw=Student%20Housing%20That%20Lives%20Up%20to%20The%20Hype&cn=20160324&pt=Austin&src=EMC-Email&et=editorial&bu=REM&slreturn=20160224142542 to view the full article online.

 
National News
Wired Certification, the international standard developed by New York-based WiredScore that distinguishes best-in-class Internet connectivity, can provide valuable bragging rights for commercial property developers.

Visit http://www.bdcnetwork.com/wiredscore-offers-developers-competitive-advantage-marketing?eid=328250481&bid=1334535 to view the full article online.

 
Cities across the US are facing affordable housing crises, and despite government initiatives to increase the number of affordable units, many developers still seem reluctant. Will affordable housing continue to struggle as the year goes on? What are the country’s biggest lenders doing to add incentive?

Visit https://www.bisnow.com/national/news/affordable-housing/everything-you-need-to-know-about-affordable-housing-lending-in-2016-56511?utm_source=Newsletter&utm_campaign=thu-10-mar-2016-000000-0600_austinsan-antonio-re&be=aarnold%40naylor.com&utm_medium=email to view the full article online.

 
What would it look like if achieving universal accessibility was an inspiring point of departure for a project's design process?

Visit http://www.bdcnetwork.com/blog/sexy-side-universal-design?eid=328250481&bid=1334535 to view the full article online.

 
The first US hotelier to receive the Treasury Department’s okay on operating in Cuba, Starwood Hotels has forged two rebranding agreements and has signed a letter of intent for a third property.

Visit http://www.globest.com/sites/paulbubny/2016/03/22/starwood-will-hoist-flags-over-cuban-hotels/?kw=Starwood%20Will%20Hoist%20Flags%20Over%20Cuban%20Hotels&cn=20160322&pt=National&src=EMC-Email&et=editorial&bu=REM&slreturn=20160222092424 to view the full article online.

 
CallisonRTKL foresees future retail centers as hubs with live/work/play components.

Visit http://www.bdcnetwork.com/food-and-technology-will-help-tomorrow%E2%80%99s-malls-survive-says-callisonrtkl?eid=328250481&bid=1343828 to view the full article online.

 
Events
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