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Latest from Shonda Novak

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$250 million apartment, office project planned near Domain
 Plans are in the works for a $250 million project — a 14-story apartment tower and a six-story office building — that is expected to break ground early next year in North Austin near the Domain. Capella Capital Partners, an Austin-based commercial real estate development company, said Friday that North Gateway Plaza will be built...

Posted: 22 hours ago

Plans are in the works for a $250 million project — a 14-story apartment tower and a six-story office building — that is expected to break ground early next year in North Austin near the Domain. Capella Capital Partners, an Austin-based commercial real estate development company, said Friday that North Gateway Plaza will be built...
Downtown Austin’s ‘Jenga tower’ marks milestone
 The Independent, a residential high-rise under construction in downtown Austin, has reached its peak height — a milestone for the 58-story building nicknamed the “Jenga tower.” Now standing at its full height of 685 feet, a topping-out ceremony Sunday marks the Independent’s official debut as the tallest building in...

Posted: 5 days ago

The Independent, a residential high-rise under construction in downtown Austin, has reached its peak height — a milestone for the 58-story building nicknamed the “Jenga tower.” Now standing at its full height of 685 feet, a topping-out ceremony Sunday marks the Independent’s official debut as the tallest building in...
Historical downtown Austin estate, home to a Victorian mansion, has a new owner
 The Hirshfeld-Moore property, an historical estate in downtown Austin, has a new owner. Austin-based World Class Holdings last week bought the three-building property for an undisclosed price from the Texas A&M Development Foundation. At West Ninth Street between Lavaca and Guadalupe, the half block is home to a Victorian mansion, an...

Posted: 8 days ago

The Hirshfeld-Moore property, an historical estate in downtown Austin, has a new owner. Austin-based World Class Holdings last week bought the three-building property for an undisclosed price from the Texas A&M Development Foundation. At West Ninth Street between Lavaca and Guadalupe, the half block is home to a Victorian mansion, an...
Exclusive: Indeed launches major expansion that will add up to 3,000 workers in Austin
 Internet job search company Indeed said Thursday it is launching a new wave of growth that could add as many as 3,000 new jobs in Austin over the next several years. Indeed, which currently has 1,600 employees in Austin, has been one of Central Texas’ fastest-growing Internet companies and has been one of the more active recruiters...

Posted: 9 days ago

Internet job search company Indeed said Thursday it is launching a new wave of growth that could add as many as 3,000 new jobs in Austin over the next several years. Indeed, which currently has 1,600 employees in Austin, has been one of Central Texas’ fastest-growing Internet companies and has been one of the more active recruiters...
Planned Grove project gets final green light
 The Grove has cleared its final regulatory hurdle, allowing construction to begin on the $500 million mixed-use project that was first announced more than three years ago. The developer, ARG Bull Creek Ltd., anticipates a June groundbreaking for the 75-acre Central Austin site. On Tuesday, the city of Austin’s Zoning and Platting Commission...

Posted: 10 days ago

The Grove has cleared its final regulatory hurdle, allowing construction to begin on the $500 million mixed-use project that was first announced more than three years ago. The developer, ARG Bull Creek Ltd., anticipates a June groundbreaking for the 75-acre Central Austin site. On Tuesday, the city of Austin’s Zoning and Platting Commission...
Austin-area home sales, median price hit April records
 Central Texas home sales and median home prices both climbed last month to the highest level of any April on record, the Austin Board of Realtors said Tuesday. The likelihood that mortgage interest rates will soon creep higher could be prompting some people to buy sooner rather than later in the year, local real estate agents said. In its...

Posted: 11 days ago

Central Texas home sales and median home prices both climbed last month to the highest level of any April on record, the Austin Board of Realtors said Tuesday. The likelihood that mortgage interest rates will soon creep higher could be prompting some people to buy sooner rather than later in the year, local real estate agents said. In its...
Woman jumped from Barton Springs bridge, landed on kayaker, EMS says
 5:25 p.m. update: Medics reported that a woman said to be in her 20s jumped from a pedestrian bridge near Barton Springs Road into Barton Creek and landed on a man kayaking. Medics arrived at the scene and tended to the woman in the water while an Austin police boat arrived. Both the woman and the man, who was said to be in his 30s, were...

Posted: 12 days ago

5:25 p.m. update: Medics reported that a woman said to be in her 20s jumped from a pedestrian bridge near Barton Springs Road into Barton Creek and landed on a man kayaking. Medics arrived at the scene and tended to the woman in the water while an Austin police boat arrived. Both the woman and the man, who was said to be in his 30s, were...
Foul play not suspected as body pulled from near Barton Creek
 4:15 p.m. update: Austin police said they do not suspect foul play after a body was recovered Sunday afternoon from the water near Twin Falls in the Barton Creek greenbelt in Southwest Austin. Official confirmed finding the body shortly after it was reported Sunday morning. It took several hours, however, to recover the body because o its...

Posted: 13 days ago

4:15 p.m. update: Austin police said they do not suspect foul play after a body was recovered Sunday afternoon from the water near Twin Falls in the Barton Creek greenbelt in Southwest Austin. Official confirmed finding the body shortly after it was reported Sunday morning. It took several hours, however, to recover the body because o its...
FORECAST: Mostly cloudy and warm for Mother’s Day
 Warm and muggy conditions are forecast this Mother’s Day. It will be mostly cloudy with a high around 90, with isolated showers predicted after 1 p.m., the National Weather Service says. Clouds could break up by afternoon, bringing sunnier skies. Ozone levels will be moderate. Southeast to south winds of 10 to15 mph are expected. Tonight...

Posted: 13 days ago

Warm and muggy conditions are forecast this Mother’s Day. It will be mostly cloudy with a high around 90, with isolated showers predicted after 1 p.m., the National Weather Service says. Clouds could break up by afternoon, bringing sunnier skies. Ozone levels will be moderate. Southeast to south winds of 10 to15 mph are expected. Tonight...
After delays, final OK may be near for Grove plan
 More than three years after announcing plans for a $500 million mixed-use project in Central Austin, the developers of the Grove say they are hopeful they are about to clear the final regulatory hurdle needed to allow construction to start on the development. The project — on a 75-acre site bounded by Bull Creek Road, 45th Street...

Posted: 16 days ago

More than three years after announcing plans for a $500 million mixed-use project in Central Austin, the developers of the Grove say they are hopeful they are about to clear the final regulatory hurdle needed to allow construction to start on the development. The project — on a 75-acre site bounded by Bull Creek Road, 45th Street...
Project kicks off to remake RBJ Center for seniors
 A redevelopment project that will double the amount of affordable senior housing at the Rebekah Baines Johnson Center just east of Interstate 35 is set to break ground Tuesday. The nonprofit Austin Geriatric Center founded and operates the 16-story RBJ Center, an independent living facility for seniors and people with disabilities that is...

Posted: 25 days ago

A redevelopment project that will double the amount of affordable senior housing at the Rebekah Baines Johnson Center just east of Interstate 35 is set to break ground Tuesday. The nonprofit Austin Geriatric Center founded and operates the 16-story RBJ Center, an independent living facility for seniors and people with disabilities that is...
Austin-area home starts up 13.1% in 1st quarter
 Home construction continued to boom in Central Texas in the first quarter, with builders starting work on 13 percent more houses than in the same quarter last year, the latest figures show. “Austin continues to ride the wave of buyer demand into the spring selling season,” said Vaike O’Grady, Austin regional director for...

7:04 PM Wednesday, Apr. 25, 2018

Home construction continued to boom in Central Texas in the first quarter, with builders starting work on 13 percent more houses than in the same quarter last year, the latest figures show. “Austin continues to ride the wave of buyer demand into the spring selling season,” said Vaike O’Grady, Austin regional director for...
More South Congress changes: Developer remaking complex
 More changes are taking place on Austin’s trendy South Congress Avenue, with the latest redevelopment underway at the site that houses the CityView at Soco apartments. The developer, Turnbridge Equities, is demolishing a four-story building at the front of the complex, which is at 1007 S. Congress Ave. The old building — which...

8:44 PM Tuesday, Apr. 24, 2018

More changes are taking place on Austin’s trendy South Congress Avenue, with the latest redevelopment underway at the site that houses the CityView at Soco apartments. The developer, Turnbridge Equities, is demolishing a four-story building at the front of the complex, which is at 1007 S. Congress Ave. The old building — which...
Central Texas home sales end 1st quarter with a flourish
 The Austin area’s home sales and median home sales price both hit record highs for the month of March, bringing the region’s housing market to a strong close for the first quarter, the Austin Board of Realtors said Thursday. Sales rose 10.5 percent over March of 2017, and the median price of the houses sold was up 3.5 percent...

5:10 PM Thursday, Apr. 19, 2018

The Austin area’s home sales and median home sales price both hit record highs for the month of March, bringing the region’s housing market to a strong close for the first quarter, the Austin Board of Realtors said Thursday. Sales rose 10.5 percent over March of 2017, and the median price of the houses sold was up 3.5 percent...
Lofts on Rock project set to open in downtown Georgetown
 Construction is expected to wrap up this month on what is being billed as the first residential mixed-use project in downtown Georgetown. The Lofts on Rock is a five-story project by Cerus Development LLC at 810 Rock St. in Georgetown’s historic district. The building has 12 upscale condominiums, plus commercial space on the ground...

8:15 PM Tuesday, Apr. 17, 2018

Construction is expected to wrap up this month on what is being billed as the first residential mixed-use project in downtown Georgetown. The Lofts on Rock is a five-story project by Cerus Development LLC at 810 Rock St. in Georgetown’s historic district. The building has 12 upscale condominiums, plus commercial space on the ground...
Plans move ahead for mixed-use project at Garza Ranch site
 A development firm says it is moving ahead with plans for a mixed-use development on a 34-acre tract of raw land in Southwest Austin that for years stirred battles over what could be built there. Brandywine Realty Trust said Monday that it has signed on development partners for the project on the Garza Ranch site, which is at MoPac Boulevard...

10:20 PM Monday, Apr. 16, 2018

A development firm says it is moving ahead with plans for a mixed-use development on a 34-acre tract of raw land in Southwest Austin that for years stirred battles over what could be built there. Brandywine Realty Trust said Monday that it has signed on development partners for the project on the Garza Ranch site, which is at MoPac Boulevard...
Oracle plans to nearly double size of Austin campus, city documents show
 Oracle’s massive Austin waterfront campus is about to get even bigger. In March, Oracle moved into its new, five-story building in Southeast Austin that spans more than half a million square feet and overlooks Lady Bird Lake. Now, new plans filed with the city of Austin show just how much larger the corporate campus along South...

8:51 PM Wednesday, Apr. 11, 2018

Oracle’s massive Austin waterfront campus is about to get even bigger. In March, Oracle moved into its new, five-story building in Southeast Austin that spans more than half a million square feet and overlooks Lady Bird Lake. Now, new plans filed with the city of Austin show just how much larger the corporate campus along South...
Austin office market keeps humming along
 The Austin-area office market kept rolling in the first quarter, with rents for top-quality space at a record high and the occupancy rate also up from a year ago, the latest figures show. In its latest quarterly report, commercial brokerage Cushman & Wakefield Austin said rents for Class A space rose, on average, to $39.93 a square foot per...

7:06 PM Tuesday, Apr. 10, 2018

The Austin-area office market kept rolling in the first quarter, with rents for top-quality space at a record high and the occupancy rate also up from a year ago, the latest figures show. In its latest quarterly report, commercial brokerage Cushman & Wakefield Austin said rents for Class A space rose, on average, to $39.93 a square foot per...
Austin Board of Realtors names new CEO

4:56 PM Thursday, Apr. 05, 2018

Emily Chenevert is the new chief executive officer of the Austin Board of Realtors. Chenevert, who has been the group’s interim CEO since Jan. 1, will assume the new post effective immediately, the board said in a prepared statement Thursday. She is the group’s first female CEO. The announcement follows a unanimous vote by the...
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