StoryBuilt could be locked in receivership for years Attempts to sell off StoryBuilt’s development pipeline started in October, and according to the receiver’s latest report, the bulk of that pipeline still needs to be offloaded. The company's path to prosperity could last years. Included with this report is ABJ's latest ranking of local real estate developers. (Cody Baird, Austin Business Journal)
Elon Musk to expand Bastrop footprint with X support center "Elon Musk will expand his Bastrop footprint by opening a safety support center for his social media company X—formerly known as Twitter—within Hyperloop Plaza, company officials said.” (Amanda Cutshall, Community Impact)
Braker and Kramer Apartments Bringing Nearly 400 Homes to North Burnet “An apartment project planned by Austin’s own Endeavor Real Estate Group at a 4.3-acre collection of properties located at the corner of Braker and Kramer Lanes could continue the ongoing urbanization of the North Burnet region near hotspots like the Domain and Q2 Stadium." (James Rambin, Towers)
What can Austin learn from Dallas about covering I-35 with a park? "As a high-stakes project to sink I-35 through downtown Austin kicks into gear this summer, city officials and the University of Texas are looking to Dallas for a possible glimpse of the future." (Nathan Bernier, KUT 90.5)
Zoning changes may lead to these longtime Austin businesses' closure "Business owners at a North Austin shopping center say the future looks grim for their stores. A developer plans to knock down several businesses near the corner of U.S. 183 and Burnet Road, next door to Highland Lanes Bowling Alley, which is also preparing to close next year." (KVUE, CultureMap Austin)
The Caring Place to expand, renovate Georgetown warehouse "The construction will enclose the existing donations warehouse, make it level against the slope it’s on, add 5,000 square feet and install air conditioning, The Caring Place Executive Director Ginna O’Connor said.” (Amanda Deardorff, Community Impact)
