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In a Planning Commission meeting, members voted to approve a mixed-use zoning request for three properties in Montopolis, allowing for a 200-unit residential development. Despite staff concerns about the proximity to industrial zones, commissioners recognized the growing need for housing and questioned whether the city’s comprehensive plan, adopted in 2012, should be updated to reflect…
Transwestern Development Co. has begun construction on a 4.2-acre mixed-use project at East Sixth and Comal Streets, replacing the former Arnold Oil Co. site. The development will include a 94,500-square-foot office building, 1645 E. Sixth, and a 346-unit luxury apartment complex, The Arnold, with retail and dining options. Located near Plaza Saltillo MetroRail station, the project reflects…
Transwestern Development Co. has started construction on a 4.2-acre mixed-use project at East Sixth Street and Comal Avenue, near Plaza Saltillo MetroRail station. The development will include a 94,500-square-foot office building and The Arnold, a 346-unit apartment complex with 9,600 square feet of retail. Set for completion in 2016, the project aims to enhance East Austin’s…
Spire Realty Group is revising its redevelopment plan for the 31.4-acre Austin Oaks business park, aiming to address neighborhood concerns and reduce opposition to a zoning change. The new mixed-use plan proposes lower building heights, fewer apartments, and a $10 million contribution for transportation improvements. The plan now includes a trust fund for traffic mitigation,…
Spire Realty Group has proposed a redevelopment plan for the 31.4-acre Austin Oaks office park, aiming to build 610 residential units, 850,000 square feet of office space, and 100,000 square feet of retail. The existing 12 buildings, most from the 1970s, would be demolished. The zoning change request would allow building heights to rise up…
Veteran real estate attorney Steve Drenner, known for his work on major Austin projects like the Frost Bank Tower and the W Hotel, has launched a new boutique law firm, Drenner Group PC. Specializing in land use, entitlements, and incentive requests, the firm marks a new chapter after Drenner’s tenure at Winstead PC. In a…
Major League Baseball pitcher Huston Street and his mother, Janie Street, have purchased the Taco Cabana site at South Lamar and Riverside Drive in Austin, with plans to develop a mid-rise multifamily project under the company DukesStreet. Street, an Austin native and current San Diego Padres player, sees real estate development as part of his…
A new mixed-use development is being proposed for East 51st Street in Austin, covering 8.5 acres and including 40,000 square feet for a grocery store, 40,000 square feet of retail, 150,000 square feet of office space, and 550 multifamily units. The project, from Danly Properties, is seeking rezoning to add affordable housing and increase building…
Prominent Austin real estate attorney Steve Drenner has launched a new boutique law firm, Drenner Group PC, focusing on land use, entitlement issues, and incentive requests. Drenner, who previously led the entitlement team at Winstead PC’s Austin office, is joined by former Winstead attorneys John Donisi and Katie King Ogden, as well as other key…
