On Nov. 12, 2008, in the early morning hours, Park Lane Guest House was consumed by fire. Out of this tragedy, an even lovelier and more eco guest house was born. The owner, Shakti, a former restoration carpenter, outfitted the home with beautiful new and salvaged design elements and energy-efficient upgrades. These elements increased the home's efficiency while honoring the historic nature of the home and the Austin, TX, neighborhood. Most impressively, the guest house re-opened a short three months later, on Valentine's Day weekend. The guest house, which is made up of a main home and three separate smaller buildings, is now celebrating its formal grand opening.