Urbanize Austin

01/15/2025

One month away! 🎥🎬 Join us Thursday, February 13th at 6:00 pm for the opening of Beyond the Bombshell: Farrah Fawcett at the U! Discover this iconic actress's art, archives, and legacy like never before. 🎨 This event is FREE and open to all with walk-ups welcome!

Register to let us know you're coming here: https://umlaufsculpture.app.neoncrm.com/np/clients/umlaufsculpture/event.jsp?event=4124&

01/15/2025

The Center for Computational Medicine arrives as the university prepares to build a new academic medical center where the cutting-edge technologies could be used.

01/15/2025

Development stories we’re following this week.

Nate Paul pleads guilty to federal financial crime "Austin real estate investor Nate Paul on Wednesday pleaded guilty to a charge of making false statements to a financial institution as part of a deal with prosecutors, ending a six-year legal saga.

01/09/2025

Introducing Urbanize SF!

“One day, if I go to heaven… I’ll look around and say, ‘It ain’t bad, but it ain’t San Francisco.’” — Herb Caen, American journalist

12/31/2024

Money to fund Thomas Ranch infrastructure, residential development

A partnership between Utah-based firms Areté Collective and Wasatch Group has received $106 million in bond financing for Thomas Ranch, a master-planned development in the Central Texas community of Spicewood, near Lake Travis northwest of Austin. Developers will use money from the nonrecourse, tax...

12/31/2024

Project Connect tax decision will ‘likely be appealed,’ says attorney

A Travis County judge has dismissed a lawsuit to stop the city of Austin from collecting property taxes to for its Project Connect transportation program. Judge Eric Shepperd on Dec. 20 signed a motion to dismiss a lawsuit claiming the tax rate for Project Connect is "miscalculated" because the mone...

12/30/2024

Planned community near X, SpaceX, Boring Company rebranded as the Row

A mixed-use community planned near the Tesla Austin gigafactory has a new name. The 314-acre Presidium development, initially called the Velocity, will now be known as the Row (not to be confused with the extremely high-end Olsen twins fashion label of the same name, of course).

12/30/2024

Commission approves space for Riverside development

The Austin Planning Commission has given its blessing to a proposed 64,000-square-foot music venue proposed for the River Park redevelopment in Southeast Austin. The commission recommended approval of the entertainment venue and lounge at 4800 East Riverside Drive at its Tuesday meeting.

12/30/2024

Huge Downtown East project to transform city center

Swinerton Builders, along with developer Griffin Swinerton, recently broke ground on Pflugerville Downtown East, a new development at the corner of FM 685 and East Pecan Street in the suburb about 15 miles northeast of Austin.

12/30/2024

Crews to begin first phase of urban pathway in January

Work is set to begin on a highly awaited urban trail that stretches along an abandoned railway through southern Austin, with construction on the Bergstrom Spur Trail slated to start in January. The 6.5-mile trail will ultimately connect Vinson Drive in south Austin to East Riverside Drive and US-183...

12/27/2024

Development stories of the week

Samsung awarded up to $4.7B in CHIPS Act to support Central Texas expansion, investment "The Biden administration awarded Samsung Electronics up to $4.745 billion in CHIPS and Science Act funding to support the company’s investment and expansion in central Texas.” (Karoline Leonard, Austin Ameri...

12/27/2024

Furniture designer/wholesaler leases space in Eastbound office building

Austin-based home furnishings designer and wholesaler Four Hands has leased 20,000 square feet in Eastbound, the 233,550-square-foot office building at 3232 East Cesar Chavez Street in Govalle. The company leased the space to accommodate its expanding workforce, which has outgrown its current office...

12/26/2024

Life sciences and office complex rental totals 37,000 square feet

Lab operator Rules-Based Medicine, a division of North Carolina healthcare technology firm IQVIA, renewed its lease on 37,356 of office and life sciences space at Stonecreek Park in North Austin. Nate Stricklen and Jay Austin of CBRE represented the tenant, which is based in Connecticut, in the leas...

12/24/2024

Top development stories of the week

Veterinary Associates takes top floor of new project on S. Lamar Blvd. "National Veterinary Associates, one of the nation’s largest veterinary hospital networks, has signed a lease for the top floor of an office and retail building that is part of a new development on South Lamar Boulevard called ...

12/23/2024

Development news of the week

Austin's Base Power inks deal to provide generators for industry giant Lennar "A marriage of energy and construction was made this month as Austin’s Base Power announced a partnership with Lennar Homebuilding.

12/12/2024

Officials announce plans, updates for Marshalling Yard

Reporting what officials called a "substantial improvement in the exit rate" from the Marshalling Yard Emergency Shelter, the city Wednesday announced plans to extend operation of the shelter. Austin's Homeless Strategy Office plans to seek approval at the Dec. 12 City Council meeting to amend its c...

12/11/2024

Downtown skyscraper also known as 'Google tower'

Cousins Properties is set to buy the sail-shaped downtown tower overlooking Lady Bird Lake at 601 West 2nd Street. The Atlanta-based REIT is under contract to purchase the 35-story bulding for $521.8 million, the company announced Tuesday. Dallas-based Trammell Crow Company and MSD Capital, a privat...

12/11/2024

University plans more housing, scholarships

The University of Texas at Austin will soon get an influx of money to help address its ongoing housing shortage, with plans to create its first housing endowment. The endowment will be used for both housing scholarships and new complexes, UT President Jay Hartzell told the Austin American-Statesman....