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

Wednesday, February 4, 2009

Austin’s housing decline not as severe as others

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

While Austin has seen a drop in housing starts, its decline from the market’s peak has been relatively gentle compared to other cities, according to research from Houston-based Metrostudy.

A study released Jan. 29 from the housing industry research firm said Austin has experienced a 66 percent decline in housing starts from its peak in the third quarter of 2006 to the end of 2008. That’s the smallest decline out of the 81 markets Metrostudy researched.

Read more...

Monday, January 19, 2009

Residential rezoning in Marble Falls stalls

From Austin Business Journal, January 9, 2009...

One of the biggest mixed-use developments ever planned for Marble Falls may move forward more slowly than anticipated now that developers have opted to back off a rezoning request in the face of community opposition.

Falling Water, as the development is called, is slated to hold a mix of commercial space, single-family and multifamily homes, a marina, and potentially a hotel that could have a spa or convention center, said Roy Bechtol, CEO of Planned Environments Inc.

Read more...

Wednesday, August 20, 2008

Residential areas spring up in steps

From Community Impact, August 15, 2008...

Months ago, an area dubbed Caballo Ranch off Ronald W. Reagan Boulevard north of CR 272 was marked with signs announcing Drees Custom Homes, David Weekley and Taylor Morrison were set to build homes on the picturesque property.

One day, the signs disappeared, leaving passersby to wonder what became of the plans for homes overlooking the area’s winding creek.

What happened, Caballo Ranch developer Dan McFall said, is a project delay, coupled with the national housing downturn, caused the whole deal to take a step backward in the development process.

Read more...

Wednesday, February 13, 2008

High End Community May Land in Kyle

From Austin Business Journal February 4, 2008...

A residential developer has put 2,200 acres under contract in Kyle along the Blanco River and may eventually build a master planned community on the land.

Austin-based Masonwood Properties put the land under contract from the General Land Office, which currently owns the land.

Read more...