Posted inWhispers

Muralists, apply now!

Local muralists and other visual artists have until Sept. 15 to submit an application to create a new two-story mural at the historic Old Bakery & Artisan Emporium at Congress Avenue and 10th Street. The community recommended the mural installations as a way to recognize the history of the property and the bakery. Plans call for […]

Posted inHousing

Are rents falling? Apartment association sees construction, weak demand causing ‘negative rent growth’

A combination of softer demand by renters and new multifamily apartment units completing construction has caused some lowering of rents in the Austin market, according to members of the Austin Apartment Association. At a series of panel discussions last week, the appearance of “negative rent growth” after years of upward movement was a topic of […]

Posted inAustin

Life sciences, housing policy seen as keys for Austin’s five-year growth strategy

Business leaders see the life sciences sector as the next major piece of the Austin economy and expect it to grow quickly along with semiconductor and automotive manufacturing, financial services and national defense in the years to come. Focusing on those industries while addressing housing costs and the growing local labor pool were some of […]

Posted inWhispers

City announces creative grant awards

The Economic Development Department has announced 65 grant recipients receiving a total of $1.5 million from the latest installment of the Creative Space Assistance Program. The program was created to help arts organizations and commercial spaces in music and arts avoid displacement. The grants ranging from $5,000 to $50,000 can be used for rent subsidies, […]

Posted inWhispers

UT to open new research space

The University of Texas-Austin has committed to open Impact Labs, a 10,000-square-foot wet lab space that will be part of the innovation and research spaces at Karlin Real Estate’s Parmer Austin project on Parmer Lane just east of I-35. The life sciences lab space will be managed by UT’s Discovery to Impact program, which helps […]

Posted inWhispers

ULI honors Austin developments

Urban Land Institute Austin has announced the winners of the competitive projects categories in the organization’s annual Impact Awards, which were held Aug. 29 at ZACH Theatre. Austin ISD’s Rosedale School won the “Most Influential Project” award from a field of 15 nominees that also included Austin Community College’s Rio Grande campus and the Dell […]

Posted inCity Hall

Council delays decision on new hotel tax that could fund homelessness services

City Council has put on hold a long-discussed partnership with local hotels that could generate millions of dollars in General Fund revenue to cover expenses related to services for the homeless. At last week’s meeting, Council voted to delay action on the proposed Austin Tourism Public Improvement District until Sept. 14. The delay in deciding […]

Posted inCity Hall

Council pushes for tweaks to new hotel tax envisioned to help serve homeless population

A hotel tax mechanism long eyed as a source of funding for homelessness services goes before City Council for possible approval today. It could face considerable scrutiny based on the structure of the deal, which some members see as unfavorable for the city. Council received a presentation at Tuesday’s work session on the proposed Austin […]

Gift this article