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Latest from Shonda Novak

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Building that houses Yeti flagship store listed for sale
 The building that houses Yeti’s Austin flagship store is for sale. HFF has been retained to market the property at 220 S. Congress Ave., calling the offering “a rare mixed-use investment opportunity.” The building, at the foot of the Ann W. Richards Congress Avenue Bridge and just south of Lady Bird Lake, was originally...

Posted: 3 days ago

The building that houses Yeti’s Austin flagship store is for sale. HFF has been retained to market the property at 220 S. Congress Ave., calling the offering “a rare mixed-use investment opportunity.” The building, at the foot of the Ann W. Richards Congress Avenue Bridge and just south of Lady Bird Lake, was originally...
Austin-area housing market on pace for another record year
 In a year that’s shaping up to be another record-breaker, Central Texas home sales increased more than 2 percent in October and the median sales price climbed more than 4 percent, the latest figures show. Year to date, sales across the region are up 1.7 percent, putting the region on track for an anticipated seventh straight year of...

Posted: 10 days ago

In a year that’s shaping up to be another record-breaker, Central Texas home sales increased more than 2 percent in October and the median sales price climbed more than 4 percent, the latest figures show. Year to date, sales across the region are up 1.7 percent, putting the region on track for an anticipated seventh straight year of...
Threadgill’s to remain on Riverside Drive — for now
 Threadgill’s has a new lease on life — at least for the near term. Proprietor Eddie Wilson has signed a lease with his landlord, members of the Moton Crockett Jr. family, that will keep Wilson’s homestyle cooking restaurant and live music venue at West Riverside Drive and Barton Springs Road for another three years, according...

Posted: 14 days ago

Threadgill’s has a new lease on life — at least for the near term. Proprietor Eddie Wilson has signed a lease with his landlord, members of the Moton Crockett Jr. family, that will keep Wilson’s homestyle cooking restaurant and live music venue at West Riverside Drive and Barton Springs Road for another three years, according...
Chamber names business owner Jenkins ‘Austinite of the Year’
 The Greater Austin Chamber of Commerce has bestowed its highest honor on Bobby Jenkins, naming the longtime business owner “Austinite of the Year” for 2017. Over the past 30 years, Jenkins has built a distinguished record of civic, community and volunteer service, chamber officials said. He is owner and CEO of ABC Home & Commercial...

Posted: 17 days ago

The Greater Austin Chamber of Commerce has bestowed its highest honor on Bobby Jenkins, naming the longtime business owner “Austinite of the Year” for 2017. Over the past 30 years, Jenkins has built a distinguished record of civic, community and volunteer service, chamber officials said. He is owner and CEO of ABC Home & Commercial...
Austin-area housing starts surge in third quarter
 Central Texas new-home construction surged to a 11-year high in the third quarter, the latest numbers show. Austin area builders started work on 4,586 houses in the third quarter, up 12.5 percent from the same quarter the previous year, according to Metrostudy, which tracks the figures. The nearly 4,600 starts marked the highest level since...

Posted: 23 days ago

Central Texas new-home construction surged to a 11-year high in the third quarter, the latest numbers show. Austin area builders started work on 4,586 houses in the third quarter, up 12.5 percent from the same quarter the previous year, according to Metrostudy, which tracks the figures. The nearly 4,600 starts marked the highest level since...
Statesman’s parent company puts newspaper up for sale
 Atlanta-based Cox Media Group said Tuesday it will sell the Austin American-Statesman after owning the city’s daily newspaper for 41 years. The Statesman is being marketed with its seven community newspapers and multiple websites. Cox also is selling the Palm Beach Post and Palm Beach Daily News in Florida. Cox executives did not publicly...

Posted: 24 days ago

Atlanta-based Cox Media Group said Tuesday it will sell the Austin American-Statesman after owning the city’s daily newspaper for 41 years. The Statesman is being marketed with its seven community newspapers and multiple websites. Cox also is selling the Palm Beach Post and Palm Beach Daily News in Florida. Cox executives did not publicly...
BREAKING: Cox selling Austin American-Statesman
 Cox Media Group announced plans Tuesday to put up the Austin American-Statesman for sale.  The Statesman — which was named Texas Newspaper of the Year by the Texas Associated Press Managing Editors three of the past four years — will be put on the market with its seven community newspapers and multiple websites. The company...

Posted: 24 days ago

Cox Media Group announced plans Tuesday to put up the Austin American-Statesman for sale.  The Statesman — which was named Texas Newspaper of the Year by the Texas Associated Press Managing Editors three of the past four years — will be put on the market with its seven community newspapers and multiple websites. The company...
Investor Nate Paul wins prime Austin property with $4.3M bid
 After a lively bidding war, high-profile local real estate investor Nate Paul is the new owner of a prime piece of property with frontage on Barton Springs Road in Central Austin. Paul, who resides in the Barton Creek neighborhood, bought the 2.1-acre property at 511 Barton Blvd. through an online auction Thursday with a winning bid of $4...

Posted: 27 days ago

After a lively bidding war, high-profile local real estate investor Nate Paul is the new owner of a prime piece of property with frontage on Barton Springs Road in Central Austin. Paul, who resides in the Barton Creek neighborhood, bought the 2.1-acre property at 511 Barton Blvd. through an online auction Thursday with a winning bid of $4...
Investor Nate Paul wins prime Austin property with $4.3M bid
 After a lively bidding war, high-profile local real estate investor Nate Paul is the new owner of a prime piece of property with frontage on Barton Springs Road in Central Austin. Paul, who resides in the Barton Creek neighborhood, bought the 2.1-acre property at 511 Barton Blvd. through an online auction Thursday with a winning bid of $4...

Posted: 28 days ago

After a lively bidding war, high-profile local real estate investor Nate Paul is the new owner of a prime piece of property with frontage on Barton Springs Road in Central Austin. Paul, who resides in the Barton Creek neighborhood, bought the 2.1-acre property at 511 Barton Blvd. through an online auction Thursday with a winning bid of $4...
First batch of restaurants unveiled for Plaza Saltillo site
 Downtown Austin bar Ginger Man is relocating to Plaza Saltillo. Austin developer Endeavor Real Estate Group has released the first batch of food-and-drink tenants for its 10-acre East Austin redevelopment project, including the popular watering hole. Other new additions include Dolce Neve gelato shop, Tarka Indian Kitchen, Epoch Coffee, Stout...

Posted: 30 days ago

Downtown Austin bar Ginger Man is relocating to Plaza Saltillo. Austin developer Endeavor Real Estate Group has released the first batch of food-and-drink tenants for its 10-acre East Austin redevelopment project, including the popular watering hole. Other new additions include Dolce Neve gelato shop, Tarka Indian Kitchen, Epoch Coffee, Stout...
Squeezed by costs, Threadgill’s looks for way back from the brink
 Is Threadgill’s closing? Maybe. Or maybe not. Owner Eddie Wilson said rising property taxes, rent and insurance totaling $38,000 a month – a more than 500 percent increase in the past five years, he said — have made it difficult to keep open his Threadgill’s World Headquarters restaurant and concert venue just south...

9:48 PM Monday, Oct. 23, 2017

Is Threadgill’s closing? Maybe. Or maybe not. Owner Eddie Wilson said rising property taxes, rent and insurance totaling $38,000 a month – a more than 500 percent increase in the past five years, he said — have made it difficult to keep open his Threadgill’s World Headquarters restaurant and concert venue just south...
Squeezed by costs, Threadgill’s looks for way back from the brink
 Is Threadgill’s closing? Maybe. Or maybe not. Owner Eddie Wilson said rising property taxes, rent and insurance totaling $38,000 a month – a more than 500 percent increase in the past five years, he said — have made it difficult to keep open his Threadgill’s World Headquarters restaurant and concert venue just south...

9:48 PM Monday, Oct. 23, 2017

Is Threadgill’s closing? Maybe. Or maybe not. Owner Eddie Wilson said rising property taxes, rent and insurance totaling $38,000 a month – a more than 500 percent increase in the past five years, he said — have made it difficult to keep open his Threadgill’s World Headquarters restaurant and concert venue just south...
Plan would demolish Arbor cinema, Manuel’s to build apartments, shops
 The Great Hills Market shopping center in Austin’s Arboretum area is slated to be redeveloped over time into a mixed-use project that would replace a popular arthouse theater and Manuel’s Mexican restaurant. The project is proposed for 17.2 acres bounded by U.S. 183, Great Hills Trail and Jollyville Road, site of Great Hills Market...

8:15 PM Friday, Oct. 20, 2017

The Great Hills Market shopping center in Austin’s Arboretum area is slated to be redeveloped over time into a mixed-use project that would replace a popular arthouse theater and Manuel’s Mexican restaurant. The project is proposed for 17.2 acres bounded by U.S. 183, Great Hills Trail and Jollyville Road, site of Great Hills Market...
Plan would demolish Arbor cinema, Manuel’s to build apartments, shops
 The Great Hills Market shopping center in Austin’s Arboretum area is slated to be redeveloped over time into a mixed-use project that would replace a popular arthouse theater and Manuel’s Mexican restaurant. The project is proposed for 17.2 acres bounded by U.S. 183, Great Hills Trail and Jollyville Road, site of Great Hills Market...

8:09 PM Friday, Oct. 20, 2017

The Great Hills Market shopping center in Austin’s Arboretum area is slated to be redeveloped over time into a mixed-use project that would replace a popular arthouse theater and Manuel’s Mexican restaurant. The project is proposed for 17.2 acres bounded by U.S. 183, Great Hills Trail and Jollyville Road, site of Great Hills Market...
Economist: Austin area needs more housing supply

9:19 PM Wednesday, Oct. 18, 2017

The Austin area housing market remains one of the healthiest in the nation, even as it grapples with affordability challenges and an undersupply of housing, a national economist said Wednesday. Lawrence Yun, chief economist for the National Association of Realtors, spoke at the annual membership meeting of the Austin Board of Realtors, which...
Petitioners prevail in Austin Board of Realtors election
 The Austin Board of Realtors will begin 2018 with seven newly elected directors who all campaigned on a platform of greater transparency for the 13,000-member organization. The seven new directors, whose terms start Jan. 1, include Austin real estate agents Cord Shiflet and Brian Talley, who the board had ousted on Aug. 2. In published reports...

10:36 PM Tuesday, Oct. 17, 2017

The Austin Board of Realtors will begin 2018 with seven newly elected directors who all campaigned on a platform of greater transparency for the 13,000-member organization. The seven new directors, whose terms start Jan. 1, include Austin real estate agents Cord Shiflet and Brian Talley, who the board had ousted on Aug. 2. In published reports...
Central Texas home sales decline 4.3% in September
 Single-family home sales declined across most areas of Central Texas in September, while the median price in the region overall rose more than 5 percent, to $291,464, the latest figures show. In its monthly report released Tuesday, the Austin Board of Realtors said there were 2,433 home sales in the Austin-Round Rock metro last month, down...

8:44 PM Tuesday, Oct. 17, 2017

Single-family home sales declined across most areas of Central Texas in September, while the median price in the region overall rose more than 5 percent, to $291,464, the latest figures show. In its monthly report released Tuesday, the Austin Board of Realtors said there were 2,433 home sales in the Austin-Round Rock metro last month, down...
Central Texas home sales decline in September
 Single-family home sales declined across most areas of Central Texas in September, while the median price in the region rose more than 5 percent, to $291,464, the latest figures show. In its monthly report, the Austin Board of Realtors said there were 2,433 home sales in the Austin-Round Rock metro area last month, down 4.3 percent from September...

5:06 PM Tuesday, Oct. 17, 2017

Single-family home sales declined across most areas of Central Texas in September, while the median price in the region rose more than 5 percent, to $291,464, the latest figures show. In its monthly report, the Austin Board of Realtors said there were 2,433 home sales in the Austin-Round Rock metro area last month, down 4.3 percent from September...
Amid member fight, Hilgers leaving as CEO of Austin Board of Realtors
 Paul Hilgers, CEO of the Austin Board of Realtors since 2013, will step down from the 13,000-member trade association effective Dec. 31, the board said Monday. The news comes amid an ongoing dispute between the organization and some of its members. A group of real estate agents, led by Austin Board of Realtors members Cord Shiflet, Brian...

10:41 PM Monday, Oct. 16, 2017

Paul Hilgers, CEO of the Austin Board of Realtors since 2013, will step down from the 13,000-member trade association effective Dec. 31, the board said Monday. The news comes amid an ongoing dispute between the organization and some of its members. A group of real estate agents, led by Austin Board of Realtors members Cord Shiflet, Brian...
EXCLUSIVE: Apartment project set for old Treehouse site off Barton Springs Road
 A site that has sat empty for three decades along Barton Springs Road is poised to be transformed with 74 upscale apartments that would have views of downtown Austin’s skyline and pricey rents. Located atop a bluff at Barton Springs and Dawson roads, the site once housed a trendy restaurant and club, Mackendrick’s Treehouse, which...

3:09 PM Thursday, Oct. 12, 2017

A site that has sat empty for three decades along Barton Springs Road is poised to be transformed with 74 upscale apartments that would have views of downtown Austin’s skyline and pricey rents. Located atop a bluff at Barton Springs and Dawson roads, the site once housed a trendy restaurant and club, Mackendrick’s Treehouse, which...
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