As a follow-up to our article earlier this year on the Q2 stadium opening, the North Burnet/Gateway area has seen continued dense housing, commercial, retail, and office developments take shape. Additionally, some affordable housing and hotel development are in the works. The completed Q2 Stadium has proven to be immediately impactful in this area’s
Texas attracts a remarkable number of facilities for many reasons, including significant cost savings for many companies. Between January 1st and June 27th, 53 Headquarters left California and 23 of those came to Texas. Out of those 23 companies that announced relocations so far this year, 11 choose Austin and its surrounding areas for
Austin’s relative affordability, high quality of life and Texas’ low tax rate have made the city an attractive destination - and the fastest growing city in the country. This expansion and growth pattern has made Austin one of the top ranked cities for international investors in 2021, which marks a significant shift in investor
Ranked the #1 place to live by US News, find out how quality of life and job growth are just a few of the factors driving demand in Austin real estate. Read more on Roofstock.
Great read on the multitude of reasons why Austin’s in-migration numbers are massively up as well as how Project Connect is and will impact that further! As younger generations continue to flock to Austin, we agree that it would be wise for real estate investors to take advantage of this population increase and strategically
Is Austin in a Housing Bubble?! For the record The Morshed Group says NO though we also don’t believe this level of appreciation is sustainable. Check out this great article on Austin Business Journal or download the PDF file HERE for some great intel!
Austin breaks another record in real estate! Median home prices near half a million dollars and until we have more supply- we expect prices to continue to rise. Read more on Austin Culture Map or download the PDF file HERE.
Further bolstering the red hot economy in Austin, Google has announced that they are investing $50 million in Texas office space and data center sites and specified constructing a 4th site in downtown Austin. The amazing sail-like building will be built on Lady Bird Lake and is expected to finish in 2023. Read more
Designed by Austin-based Miró Rivera Architects, Willow Beach, a nearly nine-acre estate located on Lake Austin, was finally sold in an off-market deal. Although the listing agents Michele Turnquist and Kathryn Scarborough of Engel & Völkers Austin declined to give the final amount the property sold for, it was listed for $38.9 million, almost
After recently being named the 2nd richest person in the world and moving to Austin himself, Tesla CEO Elon Musk has decided that Texas’s capital will be the headquarters of SpaceX, another company that he is the CEO of. Last year, he made the decision to build a $1 billion, 4 million-5 million-square-foot Tesla