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Austin Apartment Vacancies are creating historically low rental rates
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
There are 17,000 vacant apartments in the Austin area. For people looking to sign a new lease, the best time to do it is now. Continuous construction of new apartments and homebuyer incentives has led to lower occupancy rates, which could mean big deals for renters. The Austin Multi-Family Trend Report stated that 10,000 new apartments were added to the Austin market in the last year. About half of those apartments are still empty.The current occupancy rate is 87.3 percent, which is down from...
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The Domain Phase II set to open February 2010
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
By Tiffany Young Friday, 11 December 2009 Luxury hotels and entertainment will complete mixed-use developmentAUSTIN ? Simon Property Group's development of The Domain is shaping into its vision of luxury shopping, upscale hotels, office space and entertainment for the northwest Austin area as the last stages of phase two finish.?It truly is a project where you can live, play and work as well as shop,? said Kathy Shields, senior vice president of development for Simon Property Group.Plans for...
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Austin renters find deals in the market
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
By; AMY JOHNSTON / KVUE NewsPosted on November 11, 2009 at 5:21 PMThe slowdown in the housing industry is having an impact in another area of Austin's economy. According to one Austin real estate investment firm, rents in area apartments have dropped nearly 5 percent. The average rent in 2009 is $750 a month. Compare that with the average in Dallas Fort Worth area, it's about $50 more.At the Artesian apartment complex in Northwest Austin, there are deals to be had."We have, right now, an...
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Austin-San Antonio Rail awaits financing from legislature
From All About Austin Apartments, 2 year ago, Read 1 times. Similar articles
The Rail District is analyzing alternatives for regional passenger rail in the Austin-San Antonio Corridor. One alternative for the proposed 110-mile commuter rail system would use the existing Union Pacific right-of-way that parallels IH 35. Passenger rail service would run from Georgetown to San Antonio with additional stations in Austin, Round Rock, Buda/Kyle, San Marcos, and New Braunfels.The regional passenger rail system, which would connect the Austin and San Antonio metropolitan areas,...
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Texas stands out as the top state for business, according to Directorship magazine
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
Texas has been named the country's No. 1 state for business once again, this time by Directorship, a publication that caters to corporate boardroom leaders.According to its Web site, the magazine's mission is to provide corporate boardroom's and governance committees with the best intelligence on the U.S. business environment.Texas nabbed the No. 1 spot due to its ability to attract Fortune 500 companies, its solid economy, affordable cost of living and its pro-business tax climate.The magazine...
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Austin Apartments should expect a turbulent year
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
The first quarter broke from historical norms, which typically see occupancy fall less than .25%, by losing over 1.8% to reach 87.4%. Rental rates continued to slide as well, falling 2.18%, or $.02 psf. This downward movement has set the tone for what is expected to be a turbulent year for the Austin apartment market.Not only do economic factors have tenants moving in with family and friends as job losses continue to rise, but an increase in rental properties from new construction, non-selling...
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Austin Texas- An Overview
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
Austin is the capital of the U.S. state of Texas and the county seat of Travis County. Situated in the region of Central Texas and the American Southwest, it is the fourth-largest city in Texas and the 16th-largest in the United States. According to the demographer for Austin, the 2006 population estimate stood at 718,912. The city is the cultural and economic center of the Austin'Round Rock metropolitan area with a population of over 1.5 million.Austin was selected as the #2 Best Big City in...
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Safety Concerns hold up Capital Metrorail project Capital MetroRail update
From All About Austin Apartments, 2 year ago, Read 1 times. Similar articles
Capital Metro is in the process of extensively testing each component of the MetroRail system in preparation for the launch of service anticipated for March 30. Thorough testing allows us to identify and resolve any issues that may arise. When issues are resolved, Capital Metro's rail operator will complete training of dispatchers and engineers and we will finalize rail schedules.As part of this testing Capital Metro discovered an issue with shunting, the circuit detection system that...
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Avery Centre- Round Rock Apartments
From All About Austin Apartments, 2 year ago, Read 6 times. Similar articles
Recently Round Rock's city council approved a 937 acre planned unit development that wil be part of the Avery Centre a 1,400 acre mixed use project which will be in Northeast Round Rock. The master plan is a New urban design with retail, residential, commercial and institutions including universities, colleges and hospitals. Plans include two types of housing to be built; Apartments and Townhomes. "One of the ideas is to make the multi family townhomes look like Brownstones in New York where...
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Robert Mueller Development- Austin Apartments
From All About Austin Apartments, 2 year ago, Read 6 times. Similar articles
Mueller Austin DevelopementLocated just three miles from downtown Austin and the Texas State Capitol and two miles from The University of Texas at Austin, Mueller is perfectly positioned to become an energetic new hub for central Austin. Come have a look!Town CenterThe Mueller town center district is a new urban neighborhood that brings people together to live, work and play in the heart of Mueller. The lively streets of the town center district will feature a diverse mix of high-quality...
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Midtown Commons at Crestview Station
From All About Austin Apartments, 2 year ago, Read 0 times. Similar articles
The Capital MetroRail is located west of Lamar between Justin and St. John's.Platform construction and sidewalk to North Lamar completedLandscaping is nearing completionthe platform finishes are anticipated to be complete by the end of SeptemberGlass canopy will be constructedLocal bus routes will serve this station Capital MetroRail Web Links:Link to map showing Midtown Commons transit rail line route: http://allsystemsgo.capmetro.org/downloads/Crestview.pdfCapital MetroRail...
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