Transportation
BY HALEY MCLEOD
Airport receives $33M grant for new concourse Austin-Bergstrom International Airport of i- cials announced a $33.27 million funding grant from the Federal Aviation Administration this fall to support the construction of the airport’s Concourse B project. What we know Concourse B is expected to create at least 20 new airline gates to meet mounting airport demands from the Central Texas community. This summer, Austin City Council members approved $72 million for the design of ABIA’s new Concourse B mid ield, and a new tunnel linking it with the existing Barbara Jordan Terminal. Of icials also approved a $1 billion construction contract in September. With the project in the early stages of design, airport leaders aim to begin construction in 2027 and open the new facility as early as 2030.
RED BIRD LN.
S. CONGRESS AVE
"More gates and ights means cheaper fares and shorter wait
times for Austinites... I’m grateful for this $30 million in federal funding to create new gates, good jobs, and even better facilities at Austin-Bergstrom." GREG CASAR, U.S. REP, D AUSTIN
LITTLE TEXAS LN.
N
South Congress Ave. roadwork complete Safety is expected to improve along South Congress Avenue and Stassney Lane after upgrades to reduce crashes across all transportation modes, according to the city. Improvements include new turn lanes, raised medians, upgraded pedestrian and cyclist paths, more bus stops, and enhanced tra c signals and pavement markings. Crews began working on the $4.9 million roadway improvements in May 2023.
To date, the Concourse B project has been awarded $47.62 million in federal funding. ABIA of icials said staff will continue to apply for additional federal grants as well as using other airport inancing options including airport reve- nue bonds, cash-on-hand and future revenues. The total expansion program includes addi- tional projects at the airport spread over many years, such as a new baggage handling system, facilities and passenger gates, various air ield upgrades, and the construction of new taxiways and second concourse.
Enjoy your Backyard with a Custom Deck or Fence
NEW YEAR
15% project of over $1,000 or more SAVE OFF
Get a FREE QUOTE CALL : 512-993-1786 Locally owned serving Greater Austin area www.deckncablerailing.com
©CMG Mortgage, Inc. dba CMG Home Loans, NMLS# 1820, is an equal housing lender. Registered Mortgage Banker with the Texas Department of Savings and Mortgage Lending. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and www.nmlsconsumeraccess.org. All loans subject to credit approval and only eligible with CMG Home Loans, Brohn’s lender partner. This incentive only valid on select spec homes that are contracted on or after 8/14/24 and close by 12/31/24, while funds last, and finance with CMG Home Loans. Offer is for a limited time only and can be stopped at any time and with no prior notice. Please see a Brohn Homes Sales Consultant for complete details. Flex cash offers vary per home and per community. The flex cash amount is contingent on the price of the home and only valid on participating homes and in participating communities. Speak to a Brohn Homes Sales Consultant for details on participating homes and participating communities. If using flex cash to reduce the price of the home, the reduction cannot bring the home price below base price. *Rate provided 11/26/2024. 10/6 ARM. Stated rate may change or may not be available at time of rate lock. Example: Purchase Price $350,000, 10% Down Payment, $315,000 Loan Amount, 30 year term, initial interest rate 3.750% (5.223%% APR) , with a 1-0 temporary buydown. 12 monthly payments of $1,286, followed by 108 payments of $1,459.00, not including mortgage insurance/taxes/insurance.Post Introductory Period Example: Interest Rate = SOFR + Margin. Payment can adjust every 6 months. Sample Repayments at month 120 with balance of $246,052: 3% Margin, 4.690% SOFR (11/26/24), 7.750% variable rate, $2,020.00 monthly payment. At max interest rate of 8.750% payment is $2,174.00. Payment stated does not include taxes, homeowners insurance, and mortgage insurance which will result in a higher payment. The flex cash amount is contingent on the price of the home and only valid on participating homes and in participating communities. Speak to a Brohn Homes Sales Consultant for details on participating homes and participating communities. The flex cash can only be used in one of the four ways shown in this advertisement, including reduction in purchase price (not being less than base price of home) or applying towards closing costs, or long term rate locks or buying down the interest rate (specific inter- est rate and associated APR fluctuate on a daily basis and change due to individual situations). Offer may not be used with any other discounts, promo- tions or interest-only/buy-down and second lien products. This offer is subject to changes or cancellation at any time at the sole discretion of CMG Home Loans. Additional restrictions/conditions may apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines. Exterior home renderings are for representation purposes only and subject to change. Average build time of 3.5 months is an average across all communities and product types as of 2024. The Brohn Group, LLC (DBA Brohn Homes) reserves the right to make changes to pricing, floor plans, specifications, features, materials, dimensions, and incentives without prior notice. Stated dimensions and square footages are approximate and should not be used as representation of the home’s precise or actual size. Copyright 2024 Clayton Proper- ties Group, Inc. DBA in Texas as Brohn Homes. 2.75 % Year One & 3.75% Years 2-10 (5.223% APR)* This won’t last long! Close this month to Rake in the Savings before this interest rate is gone. HomeWithBrohn.com | 512-580-8199
LEARN TO SKATE
NEW CLASSES START THE WEEK OF JAN. 5TH
SCAN FOR DETAILS 2525 West Anderson Lane, Austin, TX 78757 Your hometown rink for over 25 years!
11
NORTH CENTRAL AUSTIN EDITION
Powered by FlippingBook