Affordable Homes for Sale Through Austin Community Land Trust "If you're a native Austinite looking to buy a roughly $200,000 house, a batch of affordable homes are up for grabs through the city’s community land trust program. Applicants must be first-time home buyers with a household income of no more than 100% of Austin’s Median Family Income (currently, $85,600 for a single person) and proof of generational ties to Austin." (Austin Sanders, Austin Chronicle)
Luminary Condo Tower Headed Downtown at 14th and Guadalupe Street "According to the developers, the Luminary tower will include 286 condo residences ranging from one to three bedrooms in size, along with 10,000 square feet of office space so the Combined Law Enforcement Associations of Texas can continue its operations at the site while maximizing the value of its land in the new development." (James Rambin, Towers)
Iconic Pink Palace Co-op for Sale After 30 Years "After existing for nearly 30 years as a cooperative space worthy of a New York Times feature and Best of Austin award, the Central Austin home known as the Pink Palace is up for sale. Owned by University of Texas architecture professor Simon Atkinson since 1985 and run as a co-op since 1994, the nearly 3,000-square-foot property houses young artists in six bedrooms. Its Zillow listing, posted in early October, asks for $1.5 million." (Carys Anderson, Austin Chronicle)
ABC Supply Co. targets small city northwest of Austin for regional expansion "A Wisconsin-based wholesale roofing distributor that is one of the largest private companies in the country could open a new outpost in a small city far northwest of Austin. ABC Supply Co. Inc. on Jan. 3 received the initial approval from the Marble Falls Economic Development Corp. for $350,000 in incentives for the project." (Justin Sayers, Austin Business Journal)
From Austin to Anchorage, U.S. cities opt to ditch their off-street parking minimums "Around the country, cities are throwing out their own parking requirements – hoping to end up with less parking, more affordable housing, better transit, and walkable neighborhoods." (Laurel Wamsley, NPR)
Austin just experienced its hottest year on record "A large contributing factor for this historically warm year was the record-breaking summer Austin experienced, including the shattered record for most consecutive days at or above 100 degrees (45 days)." (Shane Hinton, KVUE-ABC)
