Everywhere you look, one new development after another has delivered in East Austin. A quiet and modest neighborhood that was historically rich in minority populations, gentrification came roaring into the area during the past five years. The proximity to downtown and the ability to assemble properties for far cheaper prices than the west side drove some local companies to dive in.
Endeavor Real Estate Group, Transwestern and Cypress Real Estate Advisorswere among the first to jump in and see what would happen. Since then, many others have followed suit — Cielo Property Group, Capsa Ventures and Momark Development are a few more that come to mind.
Click to read more at Austin Business Journal.