| "A number of new projects in the state of | | | | represented by Los-Angeles-based Greg |
| Texas are worthy of note. In Bee Cave, a new | | | | Salyers. The seller was represented by |
| project promises Tuscany-style homes with | | | | Hendricks & Partners. |
| lots of green space. The project, undertaken | | | | |
| by Tennessee-based Southern Land Co. will be | | | | Another new project in Austin promises to |
| a $160 million residential development near | | | | make a school more effective for children. |
| SH 71 and RM 620. The project, Cielo, will | | | | About $110 million is being offered in state |
| feature a number of residential options, | | | | funds to The Texas School for the Blind and |
| including town homes, condos, and one and two | | | | Visually Impaired (TSBVI). The money is |
| bedroom homes. In addition, buyers will also | | | | earmarked for renovations. The 150-year-old |
| be able to choose from 400 luxury flats. The | | | | campus will be modernized so that it is more |
| designers hope to offer buyers unprecedented | | | | child-friendly, according to TSBVI staff. |
| levels of choice. The homes alone have more | | | | TSBVI is considered one of the top schools in |
| than 20 floor plans. The homes will start in | | | | the nation for the visually impaired. Now, |
| the high $300,000 and building is expected to | | | | the campus will be top-flight as well, with |
| be completed in 2013. At that time, | | | | renovations scheduled for the next four to |
| homeowners will be able to enjoy the more | | | | eight years. Landscaping and security will be |
| than 28 acres of preserved green space on the | | | | updated and some buildings will be demolished |
| 78-acre development and will have easy access | | | | to make room for new construction. A new |
| to the nearby Balcones Canyonlands Preserve | | | | student activity center, a vocational |
| as well. | | | | building, eight dormitories, a new physical |
| | | | education and therapy building, an indoor |
| In Austin, the Avalon Palms apartment complex | | | | pool, track-and-field facilities, and |
| has been purchased by Los-Angeles-based Palms | | | | independent apartments will be added to the |
| of Avalon Apartments Texas LLC. The 352-unit | | | | campus. New student housing will be designed |
| apartment complex situated just off US 183 in | | | | by Dallas firm Halff Associates, a company |
| North Central Austin was constructed in the | | | | that has offices in Austin. Staff and |
| early 1970s and boasts 13 acres at 9001 and | | | | students at TSBVI are excited about the |
| 9003 Northgate Blvd. According to Travis | | | | proposed renovations, which promise to make |
| County tax records, the complex has a value | | | | learning far more enjoyable in the future. |
| of $10 million. In the sale, the buyer was | | | | |