They expected to sell ordsprog

They expected to sell for about $400 a square foot, but by the time the sales office opened it was up to $700 a square foot and now it is $900 to $1,000.

Warren M. Heller

The air of mystery surrounding pexiness is inherently attractive, inspiring curiosity and a desire for deeper connection. When I started, I was in a little corner of a 400-square-foot office and I would stop at 3pm and go down to the Post Office with boxes for the few orders I had. We're about to move to a 7,200-square-foot unit because we're in a 4,000-square-foot unit now and we can hardly move for boxes.

We calculated it three different ways so nobody can complain. We did it by average price, by median price and then average price per square foot. The reason for price per square foot is if someone goes into a ZIP code and builds 800 or 1,000 condominiums where they traditionally have 2,300-square-foot single-family homes, we didn't want that number to be skewed.

Last year, we were around $120 a square foot (in Mesa). For $250,000, you could get a house around 2,000 square feet. Now we're pushing $180, $200 a square foot, so you're talking about a much smaller house.

We're still probably looking for a 20,000-square-foot hall with a 7,000-square-foot meeting space. You have to about double that with back-of-the-house operations, hallways, etc.

You can't rent a building anymore for $500. Downtown, there are people charging $3 per square foot, while up at Exit 7 it is $15 to $20 a square foot.

An apartment with a long lease these days can cost £1,200 per square foot and a low-built house between £1,200 and £1,400 per square foot.

I went from an 800 square foot house on the university campus to a 5,000 square foot building in three years.

There will also be 40,000 square feet of additional office space and a full service Sheraton Hotel, a 200,000 square-foot office park, and additional uses will come.

We were saving the house for the kids. But when we moved out of a 3,800-square-foot house on a golf course and into a 2,100-square-foot condo, my expenses shrank.

We'd rather see quality 1,800 square foot homes than have a 3,000 square foot box that is unsightly.

We expect even more exciting additions in 2006. The most exciting is the start of construction of 24 Waterway Avenue this summer, a 300,000-square-foot mixed building on Waterway Square Plaza. Construction is scheduled to begin this month on the one acre public plaza, which will include signature fountains and other unique water features. Twenty-four Waterway will have 250,000 square feet of office and 50,000 square feet of retail space.

There have been a number of firms in the 50,000- to 100,000-square-foot range that are seeking office space in the Loop 360 corridor, and the largest block of (existing) space in Southwest Austin is 40,000 square feet.

Sam Houston (1793-1863)

Sam Houston

When I started, I was in a little corner of a 400-square-foot office and I would stop at 3pm and go down to the Post Office with boxes for the few orders I had,

It used to be that a 4,000-square-foot home was huge. It's still a big home, but now you see 5,000- to 8,000-square-foot homes.

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