AUSTIN--Development is heating up for 2015 in the Austin market, spurred on by the capital city's uniquely, well, “weird” infrastructure.
The area's population continues to climb, cranes dot the landscape in the CBD, and multifamily and office submarkets prevail as hot commodities.
“It's multifamily and office right now,” says Karen Judson, vice president for marketing and research at Transwestern. “Retail is tight, and rates [are high].”
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