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Local Color and Culture, Market News and Trends

Downtown developers show confidence


I have written about the surge in multifamily building permits earlier this year in the 5-plus family category. With population and job growth continuing, and home values still in the doldrums where many of those new Austinites came from, the need for rental property here is clear, and builders and developers recognize it.

Here’s another sign of the confidence developers have in Austin’s future:

Projects in progress promise revenue, attraction for city

That article discusses several projects that are either underway or in progress in Downtown Austin.  The hotel projects and Bowie Street redevelopment, all serving the Austin Convention Center area, demonstrate the expectation that Austin will continue, and grow, as a “destination” for visitors.

Just more reasons to stay bullish on Austin ….

About Bill Morris, Realtor

Many years of business experience (high tech, client service, business organization and start-up, including 18 years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs. Learn more about my background and experience, my commitment to my clients, my profession, and to the real estate industry at CentralTexasHomeSearch.com.

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