A 16-acre multifamily development headed to North Austin

Multifamily developers are trying to keep up with all the new office space going up in North Austin’s Domain neighborhood. Often referred to as the city’s “second downtown,” the mixed-use community has expanded over the years to include several new office towers—and they keep on coming. Amazon leased 330,000 square feet of office space in an under-construction high-rise there last month. That office development is happening alongside the growth of retail and entertainment complexes and

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Hakimian changes Midtown hotel plans to residential

“When events change, I change my mind. What do you do?” Nobel-winning economist Paul Samuelson famously said. The Hakimian Organization does too. The real estate firm filed documents changing a 113,000-square-foot Midtown project from hotel to mainly residential. The new application calls for 136 residential units. The company, founded by brothers Ben and Joe Hakimian, purchased the site, 244 West 49th Street, in 2003 for $13.1 million and were partnering with Gorjian Properties to develop

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Intel nah, Micron maybe: Texas could get another multibillion-dollar semiconductor plant

The chances that Texas will land another multibillion-dollar semiconductor plant just got slightly better. A site that Micron Technology was considering in Chatham County, North Carolina, is off the table, the Austin Business Journal reported. That eliminates one of the many competitors vying to land the factory. Micron has been poking around Calwell and Williamson counties in central Texas for a few months. The Boise, Idaho, corporation is one of the largest semiconductor companies in

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