Alton Butler to Start Construction on Film Studio Near Austin

The developer behind a highly-anticipated film studio in Bastrop took a crucial next step toward turning its ambitious vision into reality.  Owners of the 546-acre project, dubbed Bastrop 552, secured unanimous approval from the Bastrop City Council to tweak its proposal for the site, several years

3M Puts Looks to Sublease Austin Office

The maker of Scotch tape is peeling off some office space in Austin. 3M is subleasing 204,000 square feet of office space at its Parmer Lane campus, the Austin Business Journal reported. The Minnesota-based conglomerate moved into the Trammell Crow Company-developed Parmer Innovation Center in 2019,

Areté Inches Closer to 2,200-Acre Texas Hill Country Project

A firm based in Salt Lake City is headed to the Texas Hill Country for its first development. Areté Collective is moving forward with development of a 2,200-acre master-planned community along Lake Travis, just outside of Austin. Dubbed Loraloma, the resort-style community will have 400 homes, a gol

Spring Housing Market 'Hot But Cold'

There are fewer homes for sale, but what is available is practically flying off the market, according to a new report from Redfin. The Seattle-based digital real estate brokerage said Thursday that new listings of homes for sale were down 19% in the four weeks ended May 7 from a year earlier, helpin