St Johns Project Finally Moves Forward

St. Johns in Austin is finally getting off the ground—construction kicks off next month on a scaled-back, privately funded residential phase of this mixed-use project. Greystar, working with city officials, cut the development in half to secure funding amid Austin’s tough apartment market, where rents have dropped for ten straight quarters. The revised plan delivers 526 units, two-thirds of which are affordable for low- and moderate-income families, plus retail space near St. John Park—aiming to meet housing needs even as the market cools. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6c7fd8b7ce4233d0