Eleven new buildings and key real estate transactions were recognized Wednesday evening during the Austin Business Journal’s 2015 Commercial Real Estate Awards gala. Capital Studios was awarded the honor of best Multifamily Development (for Rent):
The local nonprofit Foundation Communities is committed to creating housing in which families can succeed, and Capital Studios is a great example of how it’s living up to its mission. Foundation Communities owns or manages more than 2,100 affordable apartments on 15 properties, but with the new Capital Studios just a block from the Capitol building, this project has got to be high on any resident’s wish-list. The architects at Dick Clark + Associates had quite a time designing a building that was burdened with three Capitol view corridors but they came through in style. Capital Studios welcomed its first residents in December 2014. Construction crews worked under a tight deadline to ensure the project was finished before the year’s end so it could qualify for essential tax breaks. The buyer broker was Matt Mathias of Mathias Partners, and the seller broker was at Tarantino Properties. Spaw Glass, Dick Clark + Associates, TBG Partners, Big Red Dog Engineering, MJ Structures, Gracy Title Company, attorney A. Rick Hightower and financier Enterprise Community Investment Inc. also came to the table.
Many thanks to Austin Business Journal and the Capital Studios team!
Read more about Capital Studios here.
We are super excited about Preservation Austin’s 23rd Annual Historic Homes Tour this Saturday, May 2! This is your chance to discover six outstanding historic properties representing “Austin Through the Ages.” Together they offer a timeline of Austin’s architecture from the city’s early days through its mid-century roots. The 2015 Tour includes:
– An 1870s “Castle” with amazing views
– A 1910s Craftsman Bungalow
– A 1930s Revival style home featuring salvaged architectural elements from UT’s “Old Main”
– A rare 1940s example of the Art Moderne style
– An elegant 1950s River Road Ranch
– A 1960s mid-century modern gem
Tickets are on sale NOW, so get yours today! And when you attend, make sure to share your experience using #atxhomestour on Twitter and Instagram. For more information on each location, check out the link below:
We hope to see you out there!
photo credit @ Preservation Austin
This is our material palette for our new market project coming soon! We encourage all other architects and designers to #showusyourpalettes and share your material selections!
The FCAD team, in collaboration with Dick Clark + Associates, is proud to announce the latest news on Bluebonnet Studios. The 107-unit project is currently on track for a site and building plan approval on May 1!
Bluebonnet Studios is also tracking its sustainability ratings closely, and is aiming for a 5-star AEGB rating as well as LEED Platinum and Enterprise Green Communities. We are very excited to see the process coming along and can’t wait to document the newest addition to the South Lamar corridor in Austin.
Many thanks to our awesome team: