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Austin, TX Business News

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New baggage handling system in Austin Airport

Austin-Bergstrom Airport Invests $241 Million in Baggage System Upgrade

May 4, 2025

News Summary Austin-Bergstrom International Airport (AUS) has announced a $241 million investment to upgrade its baggage handling system. The project aims to enhance capacity and efficiency, increasing bags managed from...

Residential buildings in Austin that represent affordable housing initiatives

Austin Advances Affordable Housing Reforms

May 3, 2025

News Summary Austin is reforming its density bonus programs to enhance affordable housing initiatives. The city is focusing on targeted program updates, including the University Neighborhood Overlay and East Riverside...

Outdoor concert in Austin featuring diverse musicians

Austin’s Upcoming Live Music Events Showcase Local Talent

May 3, 2025

News Summary Austin is gearing up for a vibrant series of live music events, featuring diverse performances from local artists and renowned acts across various genres. With concerts by Grammy-winning...

Construction site of apartment buildings in Austin, Texas

Austin’s Apartment Building Permits Surge Amid National Decline

May 3, 2025

News Summary The Austin-Round Rock metropolitan area is witnessing a significant surge in apartment building permits, even as the national trend sees a decline. With a permitting rate of 64.5...

Students and faculty at the University of Austin celebrating the opening ceremony.

University of Austin Opens its Doors with a New Vision

May 2, 2025

News Summary On November 8, 2024, the University of Austin (UATX) welcomed its first class, aiming to revolutionize higher education. Founded by Pano Kanelos, the university emphasizes rigorous inquiry, intellectual...

View of various restaurants and food trucks in Austin, featuring diverse culinary options.

Austin’s Food Scene Thrives Despite Challenges

May 1, 2025

News Summary Austin’s food scene is bustling this April, with new restaurant openings and the closure of some beloved establishments. Amid recent health concerns regarding measles exposure at a popular...

Urban landscape of Austin, Texas showing residential homes.

Austin Housing Market Faces Significant Decline

May 1, 2025

News Summary Austin’s housing market is experiencing a sharp downturn, with 80.2% of homes sold below listing prices in February 2025. A lack of buyer confidence, coupled with high mortgage...

A collage of new restaurants and food trucks in Austin, Texas

Austin’s Thriving Food Scene: New Restaurants and Awards

May 1, 2025

News Summary April brings a dynamic shift in Austin’s food culture with numerous new restaurant openings, a few significant closures, and exciting nominations for the James Beard Awards. From innovative...

Construction of the Unconventional ATX Convention Center in Austin

Austin Launches Construction for Unconventional ATX Convention Center

April 30, 2025

News Summary Austin has officially commenced construction on the Unconventional ATX Convention Center, which will double rentable space and focus on sustainability. Set to be the world’s first zero-carbon-certified convention...

Finance

Urban landscape of Austin, Texas showing residential homes.

Austin Housing Market Faces Significant Decline

May 1, 2025

News Summary Austin’s housing market is experiencing a sharp downturn, with 80.2% of homes sold below listing prices in February 2025. A lack of buyer confidence, coupled with high mortgage...

A new office building in Austin, Texas

Austin City Council Approves $26 Million Office Building Purchase

April 24, 2025

News Summary The Austin City Council has authorized the acquisition of an eight-story office building located at 3300 North Interstate 35 for over $26 million. This purchase, aimed at improving...

Residential area in Cedar Park with houses

Cedar Park Home Prices Decline: March 2025 Update

April 15, 2025

News Summary In March 2025, Cedar Park’s median home sale price dropped to approximately $500,000 from $530,233 in March 2024. The area saw an increase in home listings, but closed...

A beautiful neighborhood view in Travis County, Texas

Travis County Property Owners to Receive Appraisal Notices

April 15, 2025

News Summary Property owners in Travis County will soon receive Notices of Appraised Values, detailing property characteristics and applicable exemptions. Decreased market values are not directly linked to property tax...

Residential houses in Travis County under sunset

Travis County Property Value Adjustments Announced

April 15, 2025

News Summary The Travis County Appraisal District will soon issue Notices of Appraised Values to homeowners. This year’s average market value for single-family residences is expected to decline by approximately...

A scenic view of Texas showcasing business opportunities and a distillery.

John Paul DeJoria Contemplates Relocating Paul Mitchell Headquarters to Texas

April 13, 2025

News Summary Billionaire entrepreneur John Paul DeJoria is considering moving the headquarters of Paul Mitchell Systems from California to Texas. This comes on the heels of his acquisition of Waterloo...

Small businesses in Austin facing challenges due to tariffs

Austin Small Businesses Struggle Amid Rising Tariffs

April 8, 2025

News Summary Austin small businesses are grappling with significant challenges due to recent tariffs and ongoing price increases that are reshaping the local economy. Business owners across various sectors are...

Protests in front of Valley View Elementary School regarding its closure.

Eanes ISD Faces Controversy Over Valley View Closure

March 27, 2025

News Summary The Eanes Independent School District is dealing with a $6.5 million budget deficit, leading to the closure of Valley View Elementary School, triggering protests from parents and community...

Aerial view of Austin Texas associated with budget discussions

Austin Faces Budget Challenges and Cuts Amid Economic Uncertainty

March 21, 2025

News Summary Austin is facing significant budget challenges as it prepares for the Fiscal Year 2025-2026 budgeting process. City departments are under pressure to identify non-essential budget cuts, raising concerns...

CONSTRUCTION

New baggage handling system in Austin Airport

Austin-Bergstrom Airport Invests $241 Million in Baggage System Upgrade

May 4, 2025

News Summary Austin-Bergstrom International Airport (AUS) has announced a $241 million investment to upgrade its baggage handling system. The project aims to enhance capacity and efficiency, increasing bags managed from...

Residential buildings in Austin that represent affordable housing initiatives

Austin Advances Affordable Housing Reforms

May 3, 2025

News Summary Austin is reforming its density bonus programs to enhance affordable housing initiatives. The city is focusing on targeted program updates, including the University Neighborhood Overlay and East Riverside...

Construction site of apartment buildings in Austin, Texas

Austin’s Apartment Building Permits Surge Amid National Decline

May 3, 2025

News Summary The Austin-Round Rock metropolitan area is witnessing a significant surge in apartment building permits, even as the national trend sees a decline. With a permitting rate of 64.5...

Construction of the Unconventional ATX Convention Center in Austin

Austin Launches Construction for Unconventional ATX Convention Center

April 30, 2025

News Summary Austin has officially commenced construction on the Unconventional ATX Convention Center, which will double rentable space and focus on sustainability. Set to be the world’s first zero-carbon-certified convention...

Conceptual image of the Austin Eco-Park along the Colorado River

Austin Plans Major Eco-Park Along Colorado River

April 29, 2025

News Summary Tesla Inc. has unveiled plans for a significant riverfront eco-park and trail network near its factory in Austin, Texas. Spanning 290 acres, the project aims to transform the...

Luxury resort community with lake views in Texas Hill Country

The Canyon Club: Luxury Living in Texas Hill Country

April 23, 2025

News Summary The Canyon Club, a new luxury residential resort in Texas Hill Country, will feature a mix of traditionally built and 3D-printed homes. Located on Lake Travis, this innovative...

Small local businesses on Guadalupe Street with construction signs for a light rail project in Austin.

Local Businesses on Guadalupe Street Face Uncertainty

April 22, 2025

News Summary As rising operational costs and the forthcoming light rail construction threaten local businesses on Guadalupe Street, Wheatsville Food Co-op contemplates closure. Sales plummeted from $18.6 million in 2013...

Diverse workers engaged in infrastructure projects in Austin

Austin Workforce Development Plan Extension Approved

April 17, 2025

News Summary Austin city officials are seeking an extension until August 31, 2024, to finalize a comprehensive workforce development plan. This request is driven by delays in federal funding and...

The Sixth and Guadalupe Tower, Austin's tallest skyscraper with a unique design.

Austin Unveils Sixth and Guadalupe Tower: A New Skyscraper

April 17, 2025

News Summary The Sixth and Guadalupe Tower, Austin’s tallest skyscraper, has officially opened. Standing at 865 feet, this mixed-use tower features residential units, office spaces, and retail options. Designed by...

Marketing

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Real Estate

Residential buildings in Austin that represent affordable housing initiatives

Austin Advances Affordable Housing Reforms

May 3, 2025

News Summary Austin is reforming its density bonus programs to enhance affordable housing initiatives. The city is focusing on targeted program updates, including the University Neighborhood Overlay and East Riverside...

Construction site of apartment buildings in Austin, Texas

Austin’s Apartment Building Permits Surge Amid National Decline

May 3, 2025

News Summary The Austin-Round Rock metropolitan area is witnessing a significant surge in apartment building permits, even as the national trend sees a decline. With a permitting rate of 64.5...

Urban landscape of Austin, Texas showing residential homes.

Austin Housing Market Faces Significant Decline

May 1, 2025

News Summary Austin’s housing market is experiencing a sharp downturn, with 80.2% of homes sold below listing prices in February 2025. A lack of buyer confidence, coupled with high mortgage...

A new office building in Austin, Texas

Austin City Council Approves $26 Million Office Building Purchase

April 24, 2025

News Summary The Austin City Council has authorized the acquisition of an eight-story office building located at 3300 North Interstate 35 for over $26 million. This purchase, aimed at improving...

Luxury resort community with lake views in Texas Hill Country

The Canyon Club: Luxury Living in Texas Hill Country

April 23, 2025

News Summary The Canyon Club, a new luxury residential resort in Texas Hill Country, will feature a mix of traditionally built and 3D-printed homes. Located on Lake Travis, this innovative...

Small local businesses on Guadalupe Street with construction signs for a light rail project in Austin.

Local Businesses on Guadalupe Street Face Uncertainty

April 22, 2025

News Summary As rising operational costs and the forthcoming light rail construction threaten local businesses on Guadalupe Street, Wheatsville Food Co-op contemplates closure. Sales plummeted from $18.6 million in 2013...

Aerial view of Texas urban and suburban areas representing migration trends.

Migration Trends Show Decline in Texas for 2024

April 22, 2025

News Summary Texas has experienced a significant slowdown in migration trends in 2024, with major cities reporting a marked decrease in new residents, according to a study by Redfin based...

The Sixth and Guadalupe Tower, Austin's tallest skyscraper with a unique design.

Austin Unveils Sixth and Guadalupe Tower: A New Skyscraper

April 17, 2025

News Summary The Sixth and Guadalupe Tower, Austin’s tallest skyscraper, has officially opened. Standing at 865 feet, this mixed-use tower features residential units, office spaces, and retail options. Designed by...

Closed restaurant signs in Austin showing impact on culinary scene

Culinary Turmoil in Austin: Restaurants Closing in 2024

April 16, 2025

News Summary Austin is experiencing a wave of restaurant and grocery store closures, reflecting broader challenges in the culinary scene. Notable establishments like Thom Market and Royal Blue Grocer are...

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