Austin earned top 10 rank for highest number of build-to-rent homes last year

THE RISE OF THE RENTAL

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With the increasing demand for housing and rising popularity of constructing homes for rent, Austin has earned a top 10 position in a new analysis of American metro areas with the highest number of single-family rentals built for all of 2022.

A total of 324 build-to-rent homes were completed in Austin in 2022, which is a 10-year high, according to the study by RentCafe. The newest findings put the Texas Capital three places higher than in 2021, when the city ranked No. 13 in the nation.

"Austin was named the second fastest growing city in the U.S. by the Kenan Institute of Private Enterprise," the study's author wrote. "That came after the city recorded a 4.3 percent rise in its GDP in 2022 to $216 billion, following the Bay Area."

The study analyzed build-to-rent data from RentCafe's sister site, Yardi Matrix, for communities that had at least 50 single-family rental units.

Dallas nailed the rankings this year by earning the top spot with nearly 2,800 single-family rental units completed last year. Phoenix (which outpaced Dallas last year) ranked No. 2 with only 1,527 units completed. After Phoenix, single-family rentals in other American metro areas only went into the triple digits, with Atlanta, Georgia (No. 3) at 808, Greenville, South Carolina (No. 4) at 584, and Charlotte, North Carolina rounding out the top five with 475 units completed.

The metro areas that complete the top 10 for the most build-to-rent homes in 2022 include:

No. 6 – Detroit, Michigan
No. 7 – Myrtle Beach, South Carolina
No. 8 – Panama City, Florida
No. 9 – Charleston, South Carolina
No. 10 – Austin, Texas

Austin had the seventh highest number of single-family rentals completed in the country within the last five years, totaling 1,096 units. The Texas cities that ranked higher were Dallas (No. 2) and Houston (No. 4). San Antonio ranked below Austin at No. 8. Phoenix took the No. 1 spot with over 6,000 build-to-rent homes completed in the same time period.

The study's findings support a growing demand for flexibility among renters who may not want the high cost and maintenance associated with home ownership, RentCafe says.

“More and more people are deciding they want the best of both worlds: the flexible lifestyle of the renter, with no maintenance commitments and costs, and the comfort and privacy offered by living in a house,” the study’s author wrote. “In this case, build-to-rent homes check all of the boxes, while high home prices and rising interest rates make them even more appealing.”

The number of single-family rentals is expected to continue rising dramatically in 2023. Currently, 945 units are under construction in Austin. Overall, there are 44,700 build-to-rent homes being built this year throughout the nation; three times more than the number of completed homes in all of 2022, the study says.

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Austin is the 9th best U.S. city for vegans and vegetarians, new study finds

eat your greens

Austin may be home to some of the best barbecue in the city (even if some disagree) — but the Texas capital also has a growing reputation in vegan and vegetarian fare.

More plant-based restaurants are opening their doors in 2023, expanding an already solid list of vegan eateries throughout the city. And with ACL right around the corner, it's important to know where the closest vegan eats are so you're not left scrambling to find a good meal in the heat.

With that said, Austin still has some room for improvement to keep vegans full and satisfied after ranking No. 9 in WalletHub's "Best Cities for Vegans & Vegetarians" report for 2023.

The study evaluated 100 cities based on grocery affordability; diversity of and accessibility to vegan and vegetarian restaurants, farmer's markets, and community gardens; and other lifestyle factors.

Austin specifically had a high affordability ranking with the fifth-lowest cost of groceries for vegetarians out of all 100 cities in the ranking. Laredo (No. 1), Corpus Christi (No. 2), San Antonio (No. 3), and Louisville, Kentucky (No. 4) were all ahead.

As for the highest percentage of restaurants serving vegetarian options, the two North Texas cities of Irving and Plano tied with three non-Texas cities: Henderson, Nevada, Gilbert, Arizona, and Mesa, Arizona. All these made No. 1.

However, that doesn't mean the shift to embrace vegan and vegetarian cuisine in Austin isn't notable enough. Earlier in 2023, a popular Brazilian steakhouse chain "beefed" up (or down) its menu with more plant-based options in an effort to expand its customer base. And in June, venerated vegan staple and former CultureMap Tastemakers winner Counter Culture reopened as a food trailer in the back patio of Tweedy’s Bar in Central Austin.

Austin was the only Texas city to make it into the top 10. The remaining nine contenders are mostly located in West Coast states typically expected to be seen in a report on plant-based eating: California, Oregon, and Washington. On the opposite coast are two additional cities that made the list: Orlando and Miami, Florida (No. 3 and No. 8, respectively). Phoenix, Arizona (No. 5), is the only non-coastal outlier.

The top 10 most vegetarian- and vegan-friendly cities in the U.S. are:

No. 1 – Portland, Oregon
No. 2 – Los Angeles, California
No. 3 – Orlando, Florida
No. 4 – San Diego, California
No. 5 – Phoenix, Arizona
No. 6 – San Francisco, California
No. 7 – Seattle, Washington
No. 8 – Miami, Florida
No. 9 – Austin, Texas
No. 10 – Oakland, California

Eight other Texas cities made it into the top 50: Irving (No. 18), Lubbock (No. 23), Houston (No. 24), Dallas (No. 25), Plano (No. 33), San Antonio (No. 38), Corpus Christi (No. 41), and Laredo (No. 48).

The full report can be found on wallethub.com.

Austin's Zilker Botanical Garden unveils rare succulent collection at upscale Parisian picnic

Succulent Surprises

Here's one of the beautiful experiences of living in this desert-adjacent city full of weirdos: Austinites deeply value being the first to see a prominent succulent collection. Move over, private pickleball clubs — the plant lovers are getting a taste of that sweet exclusivity.

Of course, as much as succulent gardeners covet rare plants, they love to share the excitement; so it is fitting that an inaugural benefit dinner will celebrate the first-ever public viewing of the Zilker Botanical Garden Succulent Collection on November 4. Funds raised will support the garden so more people can come in and look at all its many well-cared-for plants year-round.

The High Desert Dîner en Blanc ("Dinner in White") is set to be an annual event, adapting the Parisian idea of celebrating "good food and good friends" outside. The "elevated picnic" is all about "self-expression, playfulness, and community," according to the announcement. Along with dinner, attendees will enjoy an open bar, games, and tours of the collection.

The new collection arrives courtesy of the late Bob Barth, scientist and co-founder of the Austin Cactus and Succulent Society. The social group assembles volunteers to help maintain the Botanical Garden's greenhouse, and some members will surely be in attendance at the dinner. University of Texas students may also remember Barth as their professor of Zoology (Entomology and Ornithology), and he was also a longtime member of the Travis Audubon Society.

Maintaining a 28-acre garden is not cheap — even with the help of volunteers — and Zilker Botanical Garden Conservancy has raised more than $300,000 in the past year. Those funds go toward preserving the Butler Window (a remnant of a historical Austin mansion that has become a popular photo spot), working on the succulent collection, and creating visitor programming.

It also maintains a roster of 26 member organizations including very specialized groups like the First Austin African Violet Society, and groups that are there to appreciate rather than grow the garden, like Plein Air Austin.

Barth's donation also included funds to hire a curator for the succulent collection, so it will continue thriving and evolving through 2025 and hopefully beyond.

The garden requests that dinner guests wear white to stay on-theme, and refrain from wearing heels to protect the ground. Tickets ($125 per person, $225 per couple) are available at zilkergarden.org. Guests must be 21 or older.

Country's largest hot springs pool complex plans for Dallas debut

Wellness wonderland

Austin has plenty of places to swim, but the spa culture is pretty niche. Those willing to take a drive for a luxurious weekend always have the Hill Country and Dallas as options, and soon there will be a new wellness spa-amusement park: WorldSprings, a nine-acre outdoor mineral springs experience, will debut in the latter city in spring 2024.

According to a release, it will be WorldSprings' first location in Texas and the largest experience of its kind in the country.

"With pools inspired by the most famous hot springs from around the world, guests can explore WorldSprings’ 45 outdoor soaking pools including cold-plunge pools, Finnish saunas, and a spa which will include wellness therapies as well as a cafe and bar," says the release.

Specific highlights of the experience will include:

The Family Pool, the Dead Sea Float Pool and South Pacific Region mineral pools for all ages
The Asiatic, European, and Americas region mineral pools for those 18 years old and up
More pools, with temperatures that range from warm to hot and from cool to ice cold
The Spa, with a menu of body treatments and massages
The Sanctuary, offering sound baths and yoga, breathwork, and guided meditation classes
Aqua classes, including Aqua Aerobics, Aqua Sculpt, Aqua Yoga and Aqua Float
Performance-enhancing treatments including cryotherapy, hyperbaric chambers, and compression therapy
WorldSprings Café, from which guests can order food and drinks poolside with their smartphones and pay with a wristband

WorldSprings Grandscape The Colony There'll be adults-only pools and family-friendly pools.Rendering courtesy of WorldSprings

The wellness offerings were created by WorldSprings' in-house functional medicine practitioner, Dr. Sara Gottfried, the release says.

Of course, there are not actual hot springs located beneath Grandscape. Each pool will be "meticulously crafted to mirror the mineral content of legendary springs from around the world," explains WorldSprings.

Memberships and three-hour passes will be available, "priced for all to enjoy as a weekly ritual for well-being," they say, although pricing has not yet been disclosed. A limited number of discounted Founding Memberships will be available starting early next year.

”Our ambition is that WorldSprings will democratize wellness by opening locations throughout the country,” says Rob Kramer, managing partner of WorldSprings' owner Off Road Capital, in the release.

The Dallas-area park follows locations in Glenwood Springs, Colorado, and a similar concept in La Verkin, Utah, near Zion National Park.

Anticipated opening date is March 2024.

WorldSprings Grandscape A spa will offer massages and body treatments.Rendering courtesy of WorldSprings

WorldSprings Grandscape will be at 3240 Plano Pkwy., The Colony, joining the booming 433-acre center that includes not only shopping and dining but an escape room, immersive entertainment venue, amphitheater, and more.

"Bringing WorldSprings to this ideal location is a remarkable milestone,” says Justin Foley, general manager of the upcoming Grandscape location, in the release. “As general manager, I'm honored and excited to be a part of such an amazing community and to unveil an exclusive outdoor mineral springs experience – a first of its kind destination in Texas."

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