April 2019 - Don Quick & Associates

Perfect Game MUD Marks 3rd Major Development on US 79

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ON APRIL 18TH Perfect Game, a baseball scouting organization, announced plans to relocate their HQ to Hutto – a 300,000 SF behemoth that will seat 13,000 people and will be a part of a mixed-use-development “project that is expected to pump $200 million annually into the local community,” a major jump from the current economic generation of Hutto which is $30 million. (Community Impact)

This announcement marks the 3rd major project along US 79, coinciding with proposed improvements to US 79 from I-35 to east of FM 1460 (AW Grimes) that will include widening the road to include an additional travel lane in each direction. (TxDot) See their website here for more information on the US 79 project.

Here are the breakdowns of each development:

Kalahari

  1. Property Summary: 355 AC Indoor water park, resort & convention center
  2. Total Property Size: 355 AC – 4.13x the size of Dell Diamond
    1. 975 Guestrooms & suites
    2. 200,000 SF Convention center
    3. 5 Signature restaurants
    4. Tom Foolery’s Adventure Park: 80,000 SF
    5. America’s largest water park: 223,000 SF
  3. Breaking Ground Date: May 2018
  4. Projected Finish: November 2020

Hutto Co-Op District

  1. Property Summary: Hutto’s first mixed-use development that includes a new city hall building, space for civic activities, retail shopping, restaurants, & a farmer’s market
  2. Total Property Size: 35 AC, 500,000 SF dynamic business, retail, entertainment and residential destination
    1. Hutto City Hall: 40,000 SF – now open
    2. Restaurants List (as of 4/24): Top Notch Burgers, Southside Market & BBQ
    3. Flix Brewhouse: 39,000 SF – opening 2nd quarter 2020
  3. Breaking Ground Date: November 2018
  4. Projected Finish: First phases early 2020

Perfect Game/Indoor Sports & Event Center Development  

  1. Property Summary: Baseball scouting org Perfect Game will anchor this $800m mixed-use development project.
  2. Total Property Size:
    1. 300,000 SF stadium that will be able to seat 13,000
    2. 30+ Turf/regular ball fields & 6 multipurpose fields
    3. Additional office, commercial and residential components
    4. Convention hotel
  3. Breaking Ground Date: Summer 2019
  4. Projected Finish: Perfect Game grand opening will be no later than Memorial Day 2021
  5. Projected to pump $200m annually into the local community and generate more than 150,000 hotel room nights annually.

 

Notable Mentions:

Diamond Oaks: Approximately 13,000 SF of new construction multi-tenant retail and restaurant space

Shops @ Legends Village: 14,400 SF office/retail site across the street from Kalahari

Report shows charitable giving increased in 2018 among Central Texas businesses

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By Apr.
View this story on Community Impact website.

Nearly 75% of Central Texas businesses supported local nonprofits in 2018.

Another statistic of note, from 2017-18, 43% of Central Texas businesses increased the portion of their budgets devoted to philanthropy and charitable giving.

Those results and more come from the Rodman Report, an annual survey conducted by Austin-based philanthropic advisers Rodman & Associates. This year’s report includes responses from more than 150 area organizations and explores a range of topics, from how companies give to why they give and what constitutes their criteria for support.

A press release quotes Rodman & Associates founder Lisa Rodman as saying the report benefits nonprofits and businesses.

“Every year, the Rodman Report provides new metrics that help companies understand how their giving compares to others in the community,” Rodman said in the release. “The insights are also critical, however, for nonprofits to see how their needs align with the giving priorities of Central Texas businesses.”

The release also states the results in the Rodman Report are drawn from the responses of 152 Central Texas companies that participated in an online survey between Jan. 28 and Feb. 28.

Results from the survey show most companies cited monetary donations and volunteer hours as their primary methods of giving at 86% and 79%, respectively, and the key drivers for public giving in 2018 were community support and public goodwill at 79% and 66%, respectively. Another result within the survey states 45% of respondents said their company provided assistance in 2018 to communities or individuals affected by damaging Central Texas flooding.

The release states Austin Mayor Steve Adler endorsed the report and encouraged local businesses to participate in the survey.

“Austin has a thriving business community,” Adler wrote in an email invitation, according to the release. “That in itself is a great thing, but it’s even better knowing that our local businesses are forces for good in our community.”

For a complete look at the report, click here.

Caption: More than 150 area organizations participated in a survey on philanthropy. (Courtesy BirdsiVideo)

Don Quick & Associates, Inc. Ranked #1 Commercial Real Estate Brokerage Firm in Wilco by Austin Business Journal

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Don Quick & Associates, Inc. was ranked 18th overall in the Austin Business Journal’s list of top commercial real estate brokerage firms for 2018 in the Austin area – and 1st for Williamson County. The companies are ranked by transaction values for sales and leases for 2018. The company moved up to 18th from 23rd the previous year.

Don Quick & Associates, Inc. Complete Rankings:

#1 in Total Transaction Value of 2018 Sales & Leasing in Williamson County

#18 overall in Total Transaction Value of 2018 Sales & Leasing in Austin MSA

#4 in Breakout: Transaction Value: other Client Sales/Purchases for Pad Sites and Land

#5 in Austin Operations: Total Acreage Buy/Sell on Client’s Behalf During 2018

#8 in Breakout: Of Total Building Transaction Values, What Portion is for Multifamily Portion

#8 in Austin: SF of Multifamily Portion

#9 Austin: No. of Multifamily Units Sold

#13 in Austin SF Leased

#16 in Breakout: Aggregated Transaction of Leases

See full list here:
https://www.bizjournals.com/austin/subscriber-only/2019/03/29/the-list-top-austin-area-commercial.html

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