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