Austin can’t get enough of Tesla, it seems. Developers of a master-planned community near the electric vehicle factory under construction submitted plans for 300 new apartments and 200 single-family homes to the city this month, according to the Austin Business Journal. — The Real Deal
Canadian company Brookfield Residential Properties wants to build the homes on vacant land in a 3,200-acre planned community in Southeast Austin called Easton Park. Brookfield is partnering with Houston-based Hines investment group on the project, and civil engineering firm Consort submitted the plans for the new apartments.
As reported by The Real Deal, real estate data firm Zonda ranks Easton Park the fourth most active area for construction in Austin. It is set to have 12,000 new homes in the next eight to ten years.
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