$34M development reshaping Rowlett’s urban core to get underway

A $34 million mixed-use development meant to reshape Rowlett’s city center is expected to get underway Wednesday by a joint venture between The Integral Group of Atlanta and Catalyst Urban Development of Dallas.

The development, called the Village of Rowlett, will bring in a variety of building types and uses in a village-like environment to cater to local retailers, residents seeking modern housing and bringing in other commercial real estate options.

Read more on the Dallas Business Journal

1 million square feet of office, multifamily, retail projects lined up at The Domain

The Domain continues to draw new development — almost as much as downtown Austin, which is undergoing its own unprecedented construction activity.

Projects at The Domain in North Austin near Braker Lane and North MoPac Expressway range from a four-story Restoration Hardware store to an 11-story, 300,000-square-foot office building to an upscale multifamily development.

Read More Here on the Austin Business Journal 

New mixed-use development announced for southwest Houston

Houston-based Read King Commercial Real Estate recently unveiled plans for a new 130-acre mixed-use project in Fort Bend County.

Waterview Town Center is proposed for the northwest corner of the Grand Parkway and Grand Mission southwest of Houston. The commercial real estate firm said the project would have restaurants, retail, medical, office space and multifamily developments.

Read More Here on the Houston Business Journal

Massive mixed-use underway on former Exxon Chemical site

Although speculative construction has all but halted since the slide in oil prices, one big-time development is betting big on the Energy Corridor.

Republic Square, a mixed-use complex on 35 acres off Interstate 10 that was formerly the site of Exxon Mobil Corp.’s (NYSE: XOM) chemical operations, will be breaking ground early next year, according to PMRG, which is developing and leasing the project.

Read More Here on the Houston Business Journal 

What Houston Millennials and Baby Boomers have in common when it comes to housing

On the surface, Baby Boomers and Millennials couldn’t be any more different.

The former, born between 1946 and 1964, grew up during the Civil Rights movement, the Cold War and space travel. The latter, born between the early 1980s and late 1990s, grew up with the Internet, terrorist attacks and the Great Recession.

Read More Here on the Houston Business Journal 

New North Austin mixed-use plan dangles transportation incentives, but will residents buy it?

Owners of a large commercial site near MoPac Expressway and Spicewood Springs Road hope a new plan for redevelopment will appeal to neighbors, who have opposed a zoning change.

Spire Realty Group LP, based in Dallas, has downsized the density of the original plan for Austin Oaks and tossed in about $10 million for transportation mitigation and along with other contributions for community amenities.

The new mixed-use plan — which would require a zoning change to Planned Unit Development, or PUD — has been circulated to a variety of neighborhood groups and submitted to the city for review. The original redevelopment plan was submitted last fall but met resistance.

Read more here on the Austin Business Journal

More retail, commercial planned for Sugar Land master-planned community

Retail is following rooftops in Riverstone.

Johnson Development Corp. is moving forward on plans for restaurants, shops, offices and perhaps a grocery store in the Sugar Land master-planned community, which ranked as the top-seller in Texas in 2014.

The Houston-based developer sold 9.6 acres of land in March to Riverstone Commercial Development LLC to develop into a mixed-use neighborhood center.

Read More Here on the Houston Business Journal

Six mixed-use River Walk sites up for bid, attracting developers worldwide

Six mixed-use lots on prime River Walk real estate have been put up to auction in what could be the biggest downtown real estate deal in years, if not decades.

The lots span across six acres of land between Lexington Avenue and West Martin Street on the river, and have been marketed by KMD Studley as potential office, hospitality, entertainment, multifamily, retail and parking developments.

Read More Here on the San Antonio Business Journal