Austin Texas Real Estate Blog

Spring cleaning is an annual ritual for most homeowners: throwing out the old, dusting and shining up the new, and generally giving the whole house a thorough scrubbing and polishing. Environmental responsibility has added a new twist to this old tradition, however; many Austin residents now choose to go green when they spring clean. Here are some ways to improve your home’s environment while preserving the earth’s environment at the same time.

Downsize and minimize
Most homeowners accumulate a surprising amount of clutter over the years, keeping a wide array of items that are never used. By reducing the amount of unused items in your home, you can more easily keep it clean and organized, allowing your spring cleaning process to go more smoothly next year. It’s important to be realistic. If you’ve only used your elaborate espresso machine twice since you bought it, chances are you don’t really need it after all. By clearing out unused items, you can save on space and minimize your cleaning time considerably.

Don’t toss it, donate it
Used items in good repair are always in demand by various charities. Thrift stores and local organizations often derive a significant portion of their income from these donations. Depending on the specific charity, you may be able to donate:

• Clothing
• Books
• Furniture
• Automobiles
• Large and small appliances
• Tableware and silverware
• Toys
• Home décor

Best of all, you can often deduct the fair market value of donated items on next year’s tax return, making it a win-win situation for everyone involved.

Avoid harsh chemical cleaners
A number of green cleansers are available on the market; alternatively, you can make your own with borax, baking soda, vinegar, and other natural substances. These are gentler on the environment and easier on your wallet as well. To avoid pests, use natural repellents like cedar wood, garlic, and various essential oils and herbs. Mice hate the smell of peppermint oil, for instance; sprinkling a few drops on a piece of cloth will help keep them out of your closet or kitchen.

Recycle
For items that can’t be reused or donated due to damage or wear, recycling is the next best thing. Used computer equipment, appliances, cell phones, plastics, glass, and paper can all be recycled through various companies and organizations. By minimizing the amount of trash that goes to landfills, you can help to keep the environment safe and minimize your environmental footprint.

By incorporating environmentally friendly methods into your spring cleaning routine, you can ensure that your home is a healthier, safer place to live both inside and out.

The State of Texas is prepared to spend big money to lure social networking site Facebook to the Austin area. The $1.4 million incentive package is intended to make Austin even more attractive to Facebook, which has its main corporate headquarters in Palo Alto, California and has recently announced plans to open a national office outside the California area. The new office is expected to provide around 200 well-paying jobs in the sales, customer service and risk management fields, making it a valuable asset for the city Facebook selects. The incentive package offered by Texas will be funded by the Texas Enterprise Fund and is dependent on the city of Austin agreeing to ante up approximately $200,000 worth of local incentives; the proposed incentive plan will go before a public hearing on March 11, 2010.

Austin has long been considered one of the high-tech centers in the region, and the addition of a national Facebook office would add to the city’s well-deserved reputation. Chief Operating Officer of Facebook Sheryl Sandberg indicated that Austin was under serious consideration as a potential site for the office, stating “Austin, with its deep talent pool, would allow us to hire the high-caliber employees we need to properly serve the people, advertisers and developers that rely on our service.” Facebook currently has over 400 million active users, so its presence in Austin would be a high-profile addition to the city’s already vibrant high-tech industry scene.

This is not the first time a major online company has chosen Austin as a site for expansion; Google opened an office in Austin in 2008, but closed it along with several other offices worldwide soon after due to financial cutbacks throughout the company. While only twenty jobs were lost due to the closing, the Austin community felt the blow to its reputation as a high-tech hub. If Austin is able to snag the Facebook office, the effects will be felt not only economically but also psychologically throughout the region.

Facebook’s interest in opening an Austin office follows on the heels of recent announcements by LegalZoom and Pioneer Surgical Technology to open offices in Austin; LegalZoom’s new expansion is expected to bring around 600 jobs to Austin in the next few years, while Pioneer Surgical’s new office will employ around 30 people when it opens in the second quarter of this year. These acquisitions are expected to boost the local economy still further in the latter part of 2010.

St. David’s HealthCare recently announced that it has reached an agreement to acquire the Heart Hospital of Austin, Texas from MedCath Corporation, headquartered in Charlotte, North Carolina. St. David’s, one of the largest employers in Austin, has long been considered a leader in the healthcare field throughout the region. This acquisition is expected to allow the St. David’s HealthCare team to provide an even higher quality of care and increase efficiency throughout the system.

St. David’s currently has twenty-four sites throughout Austin and the surrounding area, making it one of the largest healthcare organizations in Texas. It was the fifth largest employer in Austin before this acquisition, and is expected to move up in rank when the transfer becomes complete sometime later this year. The two companies are awaiting final regulatory commission approval for the acquisition.

St. David’s HealthCare has achieved high marks for employee satisfaction, ranking number one in the 2007, 2008, and 2009 Austin Business Journal’s list of “Best Places to Work” in Austin. It encompasses six of the metropolitan area’s major hospitals and has been awarded the Texas Award for Performance Excellence for its outstanding patient care and quality medical services. The addition of Heart Hospital will allow St. David’s to further solidify its position as the leading healthcare provider in the Austin area; the Heart Hospital of Austin was recently named by the Centers for Medicare and Medicaid Services as the best place in the country to be treated for a heart attack.

For Austin residents, this acquisition is expected to further cement Austin’s position as the leading healthcare industry center in the state of Texas and to provide additional employment opportunities in the area. Austin’s already high quality of life is also expected to improve as a result of the St. David’s HealthCare expansion and acquisition. Since the Heart Hospital of Austin will now be under local administration and ownership, the Austin economy is expected to see benefits from the acquisition as well; the streamlining of services and procedures will further improve the quality of patient care in the area and should serve as an additional attraction for businesses looking to relocate to the Austin area.

One of the great advantages of living in Texas is the outstanding quality of the chili produced here in the Lone Star State. While most historians believe chili con carne was first widely served in San Antonio starting in the 1860s, the exact origins of this uniquely Texan dish are unknown. Some theorists believe that the spices used in the first chili dishes were originally from the Canary Islands of Spain and brought over by immigrants to the San Antonio area; certainly cumin is one of the favored spices in Morocco and the Canary Island area. Chili powder was not invented until the 1900s, and revolutionized the art of chili making by providing an easy way to measure the amount of fiery spice and allowing cooks to standardize their chili recipes.

You've not had chili until you've had it Texas style!

Most Austin chili purists insist that true Texas-style chili con carne should contain no beans. This also makes it much more versatile as a side dish or accompaniment to tamales, nachos, hot dogs, and hamburgers. At a minimum, most chili recipes include chili peppers, garlic, onions, and cumin; most contain chicken, venison, pork or beef. Some chili recipes include tomatoes, but historically they have no place in a classic Texas chili pot. While some vegetarian chili recipes exist and may be quite popular, most chili experts do not class them as true Texas chili. Meat is the main ingredient in Texas chili, and the second most prominent ingredient is the chili peppers themselves, making this a spicy warm-up on cold winter evenings.

Austin boasts some outstanding chili restaurants, from the ubiquitous Chuy’s to the Saturday night Firehouse Chili special at Houston’s. Many Austin residents swear by the chili served at the Waterloo Ice House locations; what it lacks in spice, it makes up for in outstanding ingredients and a first-rate recipe. The Alamo Draft House offers a unique movie-going experience along with a sirloin-based cup of moderately spicy chili to keep you warm while you watch. Perhaps the most famous chili parlor in all of Austin, however, is the Texas Chili Parlor; a favorite among locals, the restaurant itself is something of a dive, but is so well known it was used as a setting by Quentin Tarantino in the movie “Death Proof,” which starred Kurt Russell. A down-home beer joint, the Texas Chili Parlor serves up bowls of chili ranging from the single X mild to the famed XXX, which is rumored to require a release form before it can be served to customers. Vegetarian and black bean chili dishes are also on the menu at this Austin landmark. Whichever establishment you prefer, Austin has something to please the palate of even the most particular chili lover.

Very modern look, very modern technology!

Austin residents may soon get their first look at the ZeroHouse, a high-tech solution to the energy crisis that offers off-grid self-sufficiency for homeowners. Plans for the prototype include water conservation technology, a sizable composting unit, and two large solar energy panels; these features are intended to produce all the energy and water needed by residents within the house. Designed by Austin architects Scott Specht and Louise Harpman, the ZeroHouse requires no outside power or water supply and is designed to sit on four stainless-steel pillars; thus, it requires a minimal environmental footprint and is prefabricated for easy construction.

Specht and Harpman are seeking an investor to finance the building of the prototype, which is expected to cost between $300,000 and $350,000. The ZeroHouse will provide 650 square feet of interior living space and covered exterior decking that adds 250 more square feet outside; the architects are looking for someone to finance and live in the home, which they hope to construct in the Austin area. The prototype plans are optimized to provide the maximum amount of livable space for residents, and incorporates highly energy-efficient appliances and electronics in order to use the smallest amount of resources possible, making this home an environmentally sound choice for consumers.

The ZeroHouse is the latest addition to the class of net-zero houses, which boast that they are completely self-sustaining and have a net energy cost of zero, since they produce as much energy as they require. The ZeroHouse produces power through two sizable solar panels and collects and filters rainwater for household use; waste processing and disposal is accomplished by the automated composting system located under the house. This allows it to function off-grid, or without accessing the local electric company’s supply; in practice, these houses are generally hooked up to the local system and are compensated for the energy they supply to companies like AustinEnergy.

Austin is a leader in the green technology industrial market; this makes it a logical choice for Specht and Harpman’s project. City leaders have agreed to require that all new residential construction must be net-zero capable beginning in 2015; while this will not always be immediately possible due to differences in ground cover and lot placement, the goal is expected to spur even more green construction in Austin. The ZeroHouse is not for everyone; its high cost of construction and avant-garde styling may not suit all buyers. The lessons learned and the techniques used in its construction, however, are expected to carry over into traditional home building practices and reduce overall energy costs in Austin over the long run.

Employers finding the lure of the Central Texas hill country are moving to Austin in droves!

Austin officials recently announced a proposed $500,000 package of incentives for the Hanger Orthopedic Group to facilitate its planned relocation to Austin. The proposal is expected to provide $50,000 per year for ten years providing that Hanger meets certain stipulations. Hanger is an industry leader in medical equipment, prostheses, and orthotics and is relocating to Austin from Bethesda, Maryland. While current employees of the Hanger headquarters in Maryland will be given the opportunity to relocate, the company is expected to provide as many as 100 jobs for the local employment market.

Austin has participated in such agreements with other companies, most notably the 62.9 million dollar tax incentive package offered to Samsung Austin Semiconductor for the construction of a second plant that is expected to provide 500 jobs to Austin residents upon completion. Other significant incentive packages were provided to the television show “Friday Night Lights” and $37 million over 20 years to The Domain multi-use commercial and residential development in North Austin, slated to create 1,100 jobs. The latest set of incentives continues Austin’s tradition of proactive recruitment of jobs for its economy.

Hanger chose Austin as the site for its new headquarters in part because it already had a major subsidiary located here; Innovative Neurotronics manufactures the WalkAide system, a neuromuscular stimulating device that provides additional mobility to spinal cord patients and those living with multiple sclerosis. Austin also provides significant benefits to high-tech employers like Hanger, with a highly-educated workforce and respected institutions of higher education nearby. Company officials also cited the high quality of life available in the Austin area as a factor in their decision; Austin is widely regarded as one of the best places to live in the entire U.S. A large part of the decision, however, is due to Austin’s business-friendly policies, which are designed to attract and retain employers for the area. Austin’s central location will assist Hanger in communications with its subsidiaries throughout the country, and is expected to help the company improve its financial bottom line performance.

Austin has weathered the recent economic downturn better than most other cities in large part due to active recruitment of new employers and businesses to the area. Austin and Texas government officials have been aggressive and proactive in offering incentives for investment in the region, ensuring that the vibrant Austin economy continues to grow. The addition of the Hanger headquarters is expected to make Austin even more desirable as a location for new business, especially in the medical and pharmaceutical fields.

Austin's drawing new solar technolgy jobs and expertise to the area.

Austin is slated to receive $4.8 million in funding for job education and training in the high-demand field of solar technology through the U.S. Department of Labor. The program, administered by the Electrical Joint Apprenticeship Training Program, is expected to provide training for approximately 1,000 workers in the Austin area, preparing them for crucial positions in solar power plants throughout the region and as far afield as Kansas, New Mexico and Arizona. The Electrical Joint Apprenticeship Training Program is sponsored by a number of national and Austin-based groups, including the Austin Workforce Investment Board, the International Brotherhood of Electrical Workers, the National Electrical Contractors Association, and ImagineSolar.

Part of the economic stimulus package passed by Congress, the initiative is one aspect of the American Recovery and Reinvestment Act of 2009. It is intended to provide employment opportunities for veterans, women, and minorities as well as offering unemployed individuals the chance to learn a new set of job skills. Austin’s highly-trained workforce and commitment to green technology played a significant part in its selection; it is one of only 25 sites to receive similar funding. The initiative is slated to distribute $100 million in funds over the next year; grants available through the stimulus program range between $1.4 million and $5 million, making the Austin grant one of the largest distributed to local programs.

This news comes on the heels of an initial report by the Cleantech Group and Deloitte showing a 33% decline in venture capital investment in the green technology sector in 2009. While at first glance these figures seem to spell bad news for the overall clean and green technology industries, the overall picture for venture capital investment was far worse. In relative terms, green technologies still attract investors and funds at a higher rate than most other sectors of the investment economy. Solar technology still leads the pack, with about 21% of all green technology investment in this area.

Texas ranks third in green technology investment in the nation, with only California and Massachusetts investing more in this area. Austin is especially proactive in the area of green technology, with many homes and businesses incorporating solar collection and energy efficient design in their initial construction. The additional funding provided through the Electrical Joint Apprenticeship Training Program will help Austin remain on the cutting edge of clean, green energy sources and ensure a brighter economic outlook for the entire area.

Austin commercial real estate foreclosures in 2009 increased to more than double their 2008 levels, reflecting the effects of the recent nationwide real estate market difficulties. Austin suffered the highest rate of commercial foreclosures in the state of Texas, but other large metropolitan areas were significantly affected as well. This increase is attributed in part to large-scale layoffs in the manufacturing sector, which have created problems for a number of local industrial concerns. The commercial foreclosure trend is expected to continue throughout the first half of 2010, due to continuing economic woes; experts warn against overly optimistic expectations for the manufacturing and commercial sectors. Approximately $500 billion in commercial loans are expected to come due for refinancing in 2010, with as much as $800 billion more in 2010; this will likely spur additional periods of high foreclosure rates as businesses struggle to find financing in the current lending climate.

Industrial real estate properties were hardest hit, with a 400 percent increase in foreclosures over 2008. Retail shopping centers and vacant land also experienced a less dramatic rise in foreclosure rates. Some economic analysts see this as an opportunity for businesses to acquire additional space at bargain prices; with real estate prices in some areas at near-record lows, many companies that are currently renting space may be able to purchase property instead. This may actually spur an increase in commercial real estate sales during 2010 as businesses take advantage of the opportunity to expand their holdings at discount prices.

Commercial foreclosures represented about seven percent of foreclosures in the Austin area. One bright spot in the economic outlook for these properties is the increase in companies looking to expand into the Austin business market. Austin is an attractive location for commercial relocation due to its highly-trained labor force and resilient economic base. Most analysts in the area expect that corporate relocations and expansions will continue to increase in Austin, spurred in part by the lower cost of commercial real estate in the overall market.

Austin uses single stream recycling.

Austin has earned a reputation as one of the most environmentally conscious cities in the nation, but this reputation has not come without cost. Austin’s current single-stream recycling program, which was instituted in October 2008, has cost the city over $2 million since it began. Single-stream recycling allows consumers to commingle all recyclable materials, including paper, glass, aluminum, and plastic, in one container. It is considered more convenient than recycling methods that require that individuals separate out the different types of recyclables into different bins.

The City of Austin has a contract with Greenstar to separate and accept the recyclable materials. The cost of the contract, however, has far exceeded initial estimates due to a sharp increase in recycling on the part of Austin’s residents. The ease of single-stream recycling is credited in part for this increase; another factor is the heightened awareness of environmental issues on the part of Austin residents. Regardless of the causes, Austin city residents have more than doubled their recycling volume since the implementation of single-stream recycling, and the figures continue to rise each month, creating an unexpected expense for the city and requiring a reevaluation of the recycling contract with Greenstar. The contract is currently under review by the city council to determine if it will be extended beyond its scheduled expiration in 2010 or if the cost of recycling materials can be reduced to a more affordable level by negotiating with the company for a longer-term contract.

Greenstar, based in San Antonio, has offered a number of alternatives that could bring prices down significantly. Austin city officials, however, have suggested a plan that would allow Austin to construct its own single-stream recycling facility and avoid the expense of outsourcing this activity to an outside vendor. Most independent analysts believe that the greatest savings over the long run would be achieved by this plan, which would require only a short-term extension of the Greenstar contract and allow the city of Austin to realize approximately $400,000 in savings over the duration of the extended contract term.

A decision on extending the contract is expected soon; city council members are considering three options, including one that will reduce Greenstar’s processing fees by approximately $20 per ton in return for an extension through 2013. If a new single-stream recycling facility is the chosen option, the resulting construction project is expected to provide employment for a number of commercial builders and environmental consultants who will be hired for the project. By constructing a single-stream recycling plant, Austin can continue to demonstrate its commitment to environmental responsibility and green-friendly living while saving taxpayer money into the bargain.

Developer Magazine has announced its 2009 Sustainable Community of the Year. Mueller is located in the vibrant city center of Austin, Texas, and reflects Austin’s commitment to green technology and environmental responsibility. The development makes use of the land formerly devoted to the Robert Mueller Municipal Airport, reimagining it as a mixed-use urban environment incorporating commercial and residential elements in one unique package. Built by Catellus Development Corporation and designed by ROMA Design Group, the project is expected to provide approximately 10,000 construction jobs to Austin residents.

As a participant in the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) for Neighborhood Development program, the development requires that all residential construction in Mueller qualify for Austin Energy’s three-star energy-efficiency rating. In addition, commercial buildings within the development must meet LEED certification standards; this ensures that they will provide healthy and energy-efficient environments. The Dell Children’s Medical Center of Central Texas is the first hospital ever to achieve LEED platinum certification and set the standard for new construction in Mueller. It is joined by the platinum-certified Ronald McDonald House and the silver-rated Dell Pediatric Research Institute; Mueller’s strict environmental standards ensure the highest level of green-friendly building possible.

Mueller already boasts over 200 three-star rated homes; the community is eventually slated to provide 4,600 residential units, of which one-fourth will be devoted to low and middle-income housing. Entry-level homes are designed to provide a point of access to the housing market for younger buyers, while a senior living community is expected to provide affordable housing for older residents. Ultimately it is planned that 10,000 residents will be served by the Mueller development. Green space and parks comprise twenty percent of the development and occupy 140 acres, providing families with safe places to relax and play together.

Mueller is the result of a partnership between Austin and Catellus Development and is centrally located to allow easy access to major employers within the metropolitan area. Situated just two miles from the University of Texas campus and three miles from downtown businesses, Mueller earns high marks for its pedestrian-friendly design and well-planned transportation routes. The development will eventually include over four million square feet of retail and employment opportunities, allowing many residents to live and work in the same area and eliminating lengthy commutes. Austin Energy’s on-site power plant is environmentally advanced and provides green energy for the development.

Mueller offers unique advantages to residents and businesses; as a result, it has gained local support and is considered one of the most innovative and green-friendly projects of its kind anywhere in the United States. Recreational, retail, employment, and residential areas coexist harmoniously and provide a cohesive and sustainable community in the heart of Austin.