West Campus property sold in red-hot student housing market "North Carolina-based The Preiss Co., a multifamily development and management firm, and Bahrain-based Investcorp, a global investment firm, purchased West Campus’ 21 Pearl, a 135-unit student housing property, on June 30.” (Cody Baird, Austin Business Journal)
Will Austin really be the next single-staircase city? "City Council unanimously approved a resolution to amend the code and allow multifamily projects up to six stories to have a single staircase in May. … However, a June 26 memo from Development Services Director José Roig, Austin Fire Chief Joel Baker and EMS Chief Robert Luckritz recommends the city maintain its current standards as set by the International Building Code.” (Elizabeth Pagano, Austin Monitor)
TxDOT seeks input on 'record-breaking' 10-year plan exceeding $100 billion "The Texas Department of Transportation is drafting a new 10-year transportation plan, and says it wants the public to weigh in. The agency's 2025 Unified Transportation Program draft is proposing $104.2 billion in transportation spending, the second year in a row that the UTP plan exceeds $100 billion.” (Teresa Gubbins, CultureMap Austin)
Meet the Ander Condo Project, Bringing Nearly 200 Homes to West Anderson “[L]ast week local real estate firm Ledgestone Development Group announced The Ander, a 198-unit condo community planned at a 2.4-acre assembly of properties at 2001-2013 West Anderson Lane on the far north edge of the Crestview neighborhood.” (James Rambin, Towers)
After lake drownings, safety upgrades come to Rainey Street trailhead "More than a year after community members called for better lighting and safety measures along a portion of Lady Bird Lake near Rainey Street, permanent upgrades are finally nearing completion.” (Luz Moreno-Lozano, KUT 90.5)
