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In spite of a stronger economy, U.S. consumers spent less money at restaurants, apparel stores and online shopping sites in March. Americans are making fewer visits to departments stores and big-box chains, but they have demonstrated a spending preference for new retail concepts. And so both international retailers and new U.S.-based concepts with unique appeal continue to pursue expansion plans here.

Visit http://nreionline.com/retail/11-new-retail-concepts-expanding-us#slide-0-field_images-1870771 to view the full article online.

 
Commercial remodeling across the country increased by 7% between December 2014 and December 2015, and has increased 26% since 2013. Especially when compared to commercial new construction, which increased by just 22% since 2013, it’s clear that commercial remodeling is on the rise.

Visit http://blog.buildfax.com/2016/04/20/top-20-us-cities-for-commercial-remodeling/ to view the full article online.

 
A recent "State of the Market" survey by global law firm DLA Piper found that 78 percent of real estate professionals it surveyed agreed that non-gateway markets will come to the forefront of investment preferences in the next 12 months (33 percent said they agreed, and 45 percent said they almost agreed). The preference was more pronounced among domestic rather than foreign investors, DLA Piper reports.

Visit http://nreionline.com/investment/11-best-non-gateway-cities-cre-investment?NL=NREI-21&Issue=NREI-21_20160505_NREI-21_905&sfvc4enews=42&cl=article_1&utm_rid=CPG09000007870129&utm_campaign=5883&utm_medium=email&elq2=3b6ca220b5e34307a4e37535d242644f#slide-0- to view the full article online.

 
St. David's HealthCare's purchase of the high-end Forest Park hospital in North Austin is one piece of a larger investment in the Austin area that will vastly enlarge the health system's footprint

Visit http://www.bizjournals.com/austin/news/2016/05/13/st-davids-to-spend-millions-on-central-texas.html?ana=e_aus_bn_breakingnews&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1463153235&j=73185522 to view the full article online.

 
Advocacy
Thousands of United States realtors are meeting with legislators, regulators and industry leaders to discuss vital legal, financial and political issues including the Presidential election.

Visit http://www.opp.today/us-realtors-discuss-vital-policy-issues-in-washington/ to view the full article online.

 
Local News
Details emerged about downtown Austin’s newest office tower that is proposed to take the place of a surface parking lot at the corner of 4th & Colorado.

Visit http://buildingatx.com/2016/05/25-story-tower-proposed-for-warehouse-district-renderings/ to view the full article online.

 
Safety is arguably the most important factor when deciding where to lay down your roots if you’ve got a hankering to move. While no city is truly immune to crime, there are some precautions you can take in trying to narrow down your search. Luckily, we’ve done the hard number crunching for you. Here are the 10 safest cities in Texas.

Visit http://www.wideopencountry.com/10-safest-cities-in-texas/?utm_term=TxHC&utm_content=bufferff0ca&utm_medium=Partner&utm_source=Facebook&utm_campaign=TxHC to view the full article online.

 
A favorable economic outlook and strong demographics are attracting buyers to the Austin apartment market, with investors holding onto area assets amid intensifying buyer demand.

Visit http://www.globest.com/sites/lisabrown/2016/05/10/employment-population-growth-foster-renter-demand/?kw=Employment%2C%20Population%20Growth%20Foster%20Renter%20Demand&cn=20160510&pt=Texas&src=EMC-Email&et=editorial&bu=REM&slreturn=20160410120845 to view the full article online.

 
During the past decade, The Woodlands has emerged as one of the fastest growing areas in the country. It has earned accolades for its pedestrian-centric urban core, architectural standards, preservation of natural resources and quality of life.

Visit http://www.globest.com/sites/lisabrown/2016/05/04/hotel-design-principles-reinforce-nature-connection/?kw=Hotel%20Design%20Principles%20Reinforce%20Nature%20Connection&cn=20160504&pt=Texas&src=EMC-Email&et=editorial&bu=REM to view the full article online.

 
National News
Driverless cars are not some decades-in-the-future concept that’s still on the drawing board—they’re coming soon to a market near you. Cooper Carry’s Angelo Carusi tells GlobeSt.com how this technology will impact real estate.

Visit http://www.globest.com/sites/carrierossenfeld/2016/05/02/heres-why-driverless-cars-matter-to-you/?kw=Here%E2%80%99s%20Why%20Driverless%20Cars%20Matter%20to%20You&cn=20160502&pt=National&src=EMC-Email&et=editorial&bu=REM to view the full article online.

 
RECA Real Estate Council of Austin®
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