Showing posts with label Commercial Development. Show all posts
Showing posts with label Commercial Development. Show all posts

Monday, April 13, 2009

Land at ABIA up for grabs for retail development

From Austin Business Journal, March 30, 2009...

The Austin Aviation Department is seeking proposals from developers to build and operate a retail center at Austin-Bergstrom International Airport.

The proposal request is for a 13-acre tract on Spirit of Texas Drive just northwest of the Hilton Austin Airport, which the department has earmarked for commercial development.

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Monday, March 23, 2009

Austin commercial construction down 49%

From Austin Business Journal, March 20, 2009...

Contracts for future commercial construction in the Austin area fell 49 percent in February, compared to the same month last year, according to a new report.

McGraw-Hill Construction, which tracks nationwide construction contracts, reported nearly $60 million in future contracts for local commercial construction.

That’s down from $116.9 million reported in February 2007, according to the report. Year-to-date, commercial construction in the region is down 61 percent.

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Friday, January 16, 2009

Another Downtown Project Stalls

From KXAN, January 1, 2009...

Another huge downtown development has stalled in Downtown Austin. The proposed Museum Tower office building planned for the corner of Fourth and Guadalupe streets is a bust. It was going to be the new home of the Austin Museum of Art , which currently sits at Eighth Street and Congress Avenue.

The parking lot at Fourth and Guadalupe streets was supposed to be replaced soon by a 30-story Museum Tower. The delay is being blamed on the staggering economy. John Sager is just one of many disappointed Austin-area artists.

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