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Six $12 million homes coming to West Lake Hills in new high-end development

Six nearly $12 million homes will soon be for sale in West Lake Hills. (Foursquare Builders)

A new development featuring homes worth $11.75 million and up is coming to Austin's West Lake Hills.

Five well-known architecture firms will converge to create a luxury six-home development, dubbed the Wildcat Club, in the affluent Austin suburb. Prices will start at $11.75 million and will range from 5,750 to 9,500 square feet.

The enclave consists of six lots ranging from one to 4.5 acres. (Foursquare Builders)

Perched on lots ranging from one to 4.5 acres, the homes will be partially customized for their owners. Buyers will be able to choose the interiors, furnishings and finishes of their homes and can choose to automate their properties through two "nationally known" tech companies, Foursquare Builders owner Wes Wigginton told the Austin Business Journal.

The vision was to create a "community of architecturally significant homes" that are held to "a standard that's considerably higher than what most people think of when they think of a real estate development," Wigginton said.

Firms involved include Furman + Keil Architects, McKinney York Architects, Jay Corder Architects and Clayton-Korte Architects and System D Architects, which designed two homes. Foursquare narrowed down from 10 firms to create a uniquely-designed, cohesive enclave of homes, Wigginton said.

The biggest home has already been sold and pays a testament to the development's standard of luxury. Outside, the property features a pool and spa, outdoor kitchen, and three second-floor patios, while the inside includes a master bedroom and den, gourmet kitchen and butlers' pantry, game room, office and elevator.

Each property has been designed by a different architecture firm with luxury living in mind. (Foursquare Builders)

Austin has become a hub for luxury properties, and the developments' location within West Lake Hills puts it in the third-richest zip code in Texas. The Wildcat Club will be built off Wildcat Hollow near Westlake Drive.


Airport braces for high traffic this month with ACL and F1 drawing in travelers

(AUS airport/Instagram)

With major entertainment events slated for October, the Austin-Bergstrom International Airport is gearing up for a busy month.

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With deposition and trial looming, Elon Musk has offered $44B for Twitter, again

Elon Musk has proposed once again to buy Twitter for $54.20 a share.

The news that Musk is offering to carry on with the $44 billion buyout was first reported by Bloomberg. Now, a filing with the Securities and Exchange Commission shows Musk made the proposal in a letter to the tech giant on Monday.

The New York Stock Exchange temporarily halted trading in Twitter stock twice Tuesday, first because of a big price move and the second time for a news event, presumably the announcement of Musk's renewed offer.

While the per share offer price on this latest proposal remains the same as the original offer, it’s unclear if Musk has made other term changes or if Twitter would reject it. According to other reports, a deal could be reached this week.

The stock closed at $52.00/share Tuesday, indicating market uncertainty around the $54.20 offer.

After Musk informed Twitter of plans to terminate the original agreement in July, Twitter sued. A trial has been expected in Delaware Chancery Court on Oct. 17.

With the proposition of a buyout on the table again, it revives the question of whether Musk might move Twitter from San Francisco to Central Texas.

He’s done so with some of his other companies. Tesla’s headquarters in southeast Travis County had its grand opening earlier this year and tunneling business The Boring Company moved to Pflugerville. At least two other Musk companies, SpaceX and Neuralink, have a Central Texas presence without being headquartered here.

Technology journalist Nilay Patel this afternoon voiced concerns that owning Twitter and Tesla together could be problematic for Musk, as his Tesla manufacturing facilities in Germany and China are both in countries that have disputes with Twitter over content moderation and censorship.

Telsa shares fell after the Twitter news became public, before rallying to close up, at $249.44.