Houston Developer Splashes into Austin Market

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Austin is in drastic need of more multifamily housing, especially townhomes and other varieties of what's often called "missing middle" housing dense and clustered housing affordable for teachers, firefighters and the rest of the middle class.

Austin ranks No. 1 among all major U.S. metros for apartment demand, according to a June study commissioned by the National Apartment Association and the National Multifamily Housing Council. It found that the Austin metro will need 100,000 more apartments by 2035 to keep up with that demand.

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