What Is Driving New Braunfels, Tx Growth?

What is driving New Braunfels growth?

 

Today, a multifamily developer client asked me: What is driving New Braunfels growth?

 

                New Braunfels population growth ranks second in the United States. Yes—second in the US.

 

Here is an article regarding that:

http://www.bizjournals.com/sanantonio/blog/morning-edition/2016/05/new-braunfels-population-growth-ranks-second-in-u.html

·         New Braunfels grew 6.6% last year, and by comparison, San Antonio only grew 2.1%.

·         (by the way—the fastest growing city, by %, was Georgetown, TX)

 

 

In my opinion: the short answer to your question is JOBS.

The New Braunfels Economic Development Council (EDC) works with the Austin EDC and other central Texas EDCs. New Braunfels has relatively less expensive housing than Austin, but still central.

NB lost a large employer, “The Scooter Store” in 2015. In less than 1 year, the City made up those 2,000 jobs, and ADDED 500 additional jobs.

 

·         New Braunfels has the highest median income in that area as well—at $60,000/year

(see link: http://www.twcnews.com/tx/san-antonio/news/2015/04/27/closing-texas--affordability-gap-one-income-at-a-time.html )

 

OH—and check out The Schlitterbahn Waterpark!

Hope that helps!

 

Jim Young, CCIM, Broker

Longbow Real Estate Group

West Point ‘94

11701 Bee Caves Road, Ste 250

Austin, TX 78738

jim@longbowRE.com

Twitter: @jimyoungCRE

512-565-7509

Connect With Me On LinkedIn

 

-Closed 66,000 SF Retail Center: ABJ Article-

 

Operating Race Track for Sale

For Sale - Cotton Bowl Speedway

Click here to view the flyer

 

This offering is an operating race track just east of Austin/Bastrop Texas. The site regularly draws 5,000+ race attendees, and comes complete with the business, sponsor income and more.

• 30 Acre site with 5 acres Commercial Frontage
• 3/8 Mile dirt, banked track
• No Zoning, in county
• Visitor Capacity: 5,500 attendees
• Revenues Include: Front Gate Tickets (race attendees), Back Gate (racing fees) and concessions
• Upside Could Include Additional Space for RV Parking
• Large Concession Area and Skyboxes Can be Leased for Race or Other Events
• More info about the Race Track at www.cottonbowlspeedway.com

Please contact me for additional details.

Go to www.longbowre.com for more information about the company and current listings.


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Jim Young, CCIM
512.565.7509
Jim@LongbowRE.com
Connect With Me On LinkedIn

Office Space for Lease near Downtown Austin

Office Space for Lease near Downtown AustinClick here to view the flyer

 
Space available at 2015 East Riverside.  This retail shopping center is just minutes from Town Lake and Downtown Austin.  Other tenants include EMO's, The Academy of Hair Design, and Taco More.
SPACE FEATURES:

• BUILDING SIZE: 5000 SF
• ZONING: ERC
• ASKING RENT: $22/SF/YR + NNN
• TENANT REP FEE: 4%
• Space can be split- will demise
• Ample parking available
• Has views of Downtown

Go to www.longbowre.com for more information about the company and current listings

Jim Young, CCIM

512.565.7509

Jim@LongbowRE.com

Single Tenant Emergency Center for Sale in Austin, Tx

Single Tenant Emergency Center-Austin, Tx

Sale Price: $4,558,000

​

Single tenant, absolute net lease, investment opportunity leased to Neighbors Health System Inc, dba Neighbors ER. This location is one of 27 emergency rooms operated by Neighbors Health Systems Inc. Accessibility, visibility, and strong market fundamentals make this location ideal for the current use, or any future user.

Click here to view the flyer

Please visit www.longbowre.com for more information about the company and upcoming opportunities.
 
Click here if you would like to subscribe to my mailing list.


Jim Young, CCIM
512.565.7509
Jim@LongbowRE.com