The Austin area will need more than 100,000 additional apartment units by 2035 to keep up with demand according to an Austin Business Journal article. A study commissioned by the National Apartment Association and the National Multifamily Housing Council found that Austin was the No. 1 metro in the nation for apartment demand. According to … Continued
The Independent has been listed by Curbed, the real estate blog, among the “thirteen most important construction and development projects in the United States… that will fundamentally change their cities.” Curbed also pointed out that: While the Independent is currently under construction, it’s not scheduled to open until 2018. Nevertheless, more than half of its 370 … Continued
This 22-story multifamily EB-5 project in downtown Austin has been successfully completed. It created more jobs than were originally estimated in the project’s Economic Impact Report. The original Report estimated a total of 461.8 EB-5 eligible jobs, based on forecasted construction expenditures and operational revenues, utilizing the RIMS II methodology accepted by USCIS. The economist’s actual jobs creation estimates, … Continued
Are you looking for the best place to live in the United States? It’s Austin, Texas, according to U.S. News and World Report. The Best Places to Live in the United States are revealed by U.S. News and World Report. The booming economy and superior quality of life make Austin the fastest growing city in the country, year … Continued
It can be helpful for prospective EB-5 investors to see the pattern of domestic migration in the United States. It shows where Americans are moving from, and where they are moving to. Many EB-5 projects are located in the so-called “gateway cities” of New York and California. Yet many Americans are moving out of these … Continued
The Honorable Mr. Steven Adler, mayor of Austin Texas, recently led an economic development delegation with Texas Growth Fund to China, South Korea, Singapore and Taiwan. While in China, the Mayor and First Lady attended a reception and dinner in Shanghai with EB-5 executive thought leaders, hosted by Texas Growth Fund. They introduced the exciting … Continued
In his keynote address at IIUSA’s 6th Annual EB-5 Industry Forum in Los Angeles on November 11th, Representative Michael McCaul, Chairman of the House Committee on Homeland Security, pointed to Texas Growth Fund’s multifamily project in downtown Austin as an example of how well the EB-5 program can work. The project is a 22-story high-rise … Continued
Forbes Magazine’s Fastest-Growing Cities, 2016 Austin regains the No. 1 spot after being toppled by Houston last year. Thanks to its booming technology, pharmaceutical and biotech industries, low cost of living, and cachet, the Austin economy remains on fire. Hordes of people are moving in (Austin’s projected 3.15% population growth rate in 2016 is the … Continued
