By Matt Hudgins, Prism Insight
Mass Transit Magazine
Construction has begun on the first mixed-use developmentdesigned
around a commuter rail station in Austin, Texas. When allphases of the
$100 million project are complete, Midtown Commons atCrestview Station
will provide approximately 900 apartments and64,000 sq. ft. of
commercial space. Developer Trammell Crow Co.also has obtained approval
for as many as 500 single-family homesand condominiums on an adjacent
tract for future sale tohomebuilders.
"Our prospect activity for the retail, office and multifamily has
been very strong," says Lance Sallis, managing director in the Austin
office of Trammell Crow. ...