The Unknown Future Of Austin's
Traffic Troubles
How many hours of your life have you spent driving at less than 10 miles an hour on I-35 or circling Downtown looking for parking? It's probably best not to count. Traffic and parking woes have grown from annoyances to deterring factors in the workplace. The Sutton Cos chairman Mac Pike and Cielo Property founding principal Rob Gandy know better than most how important commuting solutions are to businesses. Hear more from Mac and Rob at our Austin Creative Office event on Aug. 16.
Rob and Mac (and you know, everyone) know that employee desires are one of the biggest driving factors when selecting an office. Rob's new 350k SF office development Third + Shoal and 100k SF office and condo project the Foundry,…
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San Antonio Is 'Getting Its Hair Done And Putting Its Makeup On'
San Antonio will only get better from here, panelists at Bisnow's Future of Downtown San Antonio event feel. The market is full of incredible opportunity and a deep culture combined with rising rents is making it highly desirable from a developer's perspective.
“We're in a market in transition,” Graystreet Partners managing partner Kevin Covey says. “San Antonio is getting its hair done and putting its makeup on.” Attracting investors to the area is easy, he says, because they'll get the returns of a secondary market with the competition of a tertiary market.
Harris Bay managing partner Jake Harris agrees, adding that San Antonio is a unique market. “With the 25th-largest MSA population in the US, it should be considered a secondary market, but it's treated as a tertiary market. We think it's…
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Texas Will Deliver More Apartments Than Any Other State This Year
This year, the US will deliver 50% more apartments than 2015, topping 320,000 units, according to a new study by RentCafé. And 70,000 of those are between Houston, Dallas, Austin and San Antonio—Texas' big four comprise 22% of the country's…
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Mason Joseph Co Secures Financing For 6 Assets Across Texas Totaling $104M
San Antonio-based firm Mason Joseph Co has financed six assets in cities all across Texas: Corpus Christi, McKinney, Midland, New Braunfels, San Marcos and Temple. The financing was secured through the HUD 221(d)(4) loan insurance program, enabling the borrowers to…
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Top 5 Landmarks To See During The Rio Olympics
Fans who travel to the Rio 2016 Olympics might be a little too distracted by the sounds of records shattering to take in the sights. But if you're fortunate enough to be in Rio de Janeiro, these are the city's top five landmarks to check out between events. (The rest of us will try to catch a glimpse in pre-competition camera shots.)
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Data Center Demand Is On The Rise, Here Are Four Reasons Why
The data center sector is growing fast, and new technologies on the horizon will propel the industry even further. As companies' use of cloud-based tech and mixed reality grows, data centers will continue to see a boom in business.
The industry was up in North America the first half of 2016, increasing by 19% in Q1, then taking a 50% leap in Q2. Here a four takeaways on what's contributed to the industry's growth, aggregated from JLL's data center outlook report for this year.
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