RECA Weekly NewsWire

Real Estate Council of Austin®

Austin Tree Experts
Professional Janitorial Service of TX
Top Stories
Let’s really make this the year of mobility by supporting the November transportation bond.

Visit http://www.reca.org/blog/post/lets-really-make-this-the-year-of-mobility to view the full article online.

 
Former Mayor Pro Tem Sheryl Cole and developers discussed the latest plans for Waller Creek.

Visit http://www.reca.org/blog/post/recap-ideas-forum-waller-creek-update to view the full article online.

 
Historical buildings — brick and otherwise, and all with character to spare — are in high demand. However, builders and developers need to think creatively and carefully when repurposing these older structures for contemporary use.

Visit http://www.constructiondive.com/news/builders-historical-renovations/426293/ to view the full article online.

 
Building owners and property managers that take on the responsibility of limiting energy consumption can be looked at as environmental leaders. While energy management adds extra tasks to everyday lists, the benefits outweigh the time and money spent, which is usually returned in savings.

Visit http://www.energymanagertoday.com/the-importance-of-an-energy-assessment-for-commercial-buildings-0126582/ to view the full article online.

 
Local News
According to a new report from Source Strategies Inc., which showed that hotel revenue in the Lone Star State jumped 3.5 percent in the second quarter this year — and the increase would have been greater if not for the slumping oil regions of the state.

Visit http://www.bizjournals.com/austin/news/2016/09/19/hotel-revenue-climbs-across-texas-especially-in.html?ana=e_ae_set1&s=article_du&ed=2016-09-19&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1474320471&j=75838242 to view the full article online.

 
Austin’s innovative and comprehensive approach to Mueller’s redevelopment has earned the city awards from the ULI Terwilliger Center for Housing and the U.S. Department of Housing and Urban Development.

Visit http://urbanland.uli.org/industry-sectors/abandoned-texas-airfield-mixed-income-community-takes-off/ to view the full article online.

 
In the global competition for corporate headquarters, a 255-acre (103 ha) project anchored by an open-air urban village in Plano, Texas, is landing some big names. Toyota, FedEx, JPMorgan Chase, and Liberty Mutual are among the companies building offices in the project, which includes a 15-story hotel, a 55,000-square-foot (5,100 sq m) food hall, and more than 1,000 residential units.

Visit http://urbanland.uli.org/development-business/legacy-west-whats-drawing-corporate-headquarters-plano-texas/ to view the full article online.

 
When I began covering commercial real estate in Dallas in 2000, I remember attending an industry event and being struck by how few women and minorities were in the crowd. Not much has changed since. In the who-you-know world of commercial real estate, it’s still very much a white man’s game.

Visit http://www.dmagazine.com/publications/d-ceo/2016/september/why-commercial-real-estate-is-starved-for-diversity/ to view the full article online.

 
National News
Market demand is the best driver for innovation, and Patrick Otellini—chief resilience officer for the city and county of San Francisco—is among those making a case that the intrinsic economic value of resilient design will help drive its acceptance.

"I think inclusion of resilient design strategies will become standard at some point because people want it," Otellini says.

Visit http://urbanland.uli.org/sustainability/incorporating-greener-design-techniques-u-s-coastal-cities/ to view the full article online.

 
An infrastructure investment of 1% of gross domestic product would make a significant dent in maintenance backlogs, what Summers considers the highest priority, and allow the country to start new projects as well.

Visit http://www.constructiondive.com/news/former-treasury-secretary-us-infrastructure-investment-must-be-a-priority/426169/ to view the full article online.

 
Amazon is aggressively expanding its presence in the real-world retail market, with a plan to open dozens of new pop-up stores in US shopping malls over the next year, a source familiar with the matter told Business Insider.

Visit http://www.businessinsider.com/amazon-big-expansion-retail-pop-up-stores-2016-9 to view the full article online.

 
According to the architects, Maison Edouard François, the project will act as a new green lung for the densely populated neighborhood.

Visit http://www.bdcnetwork.com/former-sports-stadium-become-landscaped-gardens-housing-and-shops?eid=335066522&bid=1523758 to view the full article online.

 
Events
Date: 10/11/2016
Time: 11:15 am - 1:00 pm
JW Marriott
110 E 2nd Street

The November transportation bond... the MoPac Express Lanes... Mobility35... It's a lot of projects with a lot of names, but are all these initiatives really going to get Austin moving again? In this special Ideas Forum with our partner CTCAR, get the latest updates from local and regional transportation leaders and how they're coordinating to improve mobility in Central Texas. Do you have any questions you want the panelists to cover? Email ryan.poulos@reca.org.

Visit http://www.reca.org/events/event/october-ideas-forum-851921 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