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A Dallas-based real estate company is bringing luxury apartments to Kyle, and it’s building several restaurant spaces alongside them, creating more mixed-use density along the I-35 corridor south of Austin. Click through for more details on this project, as well as a list of multifamily development firms active across the region.
An Austin company is taking food scraps from restaurants and turning them into nutritious dog food. The Conscious Pet launched earlier this year, under the leadership of serial entrepreneur Mason Arnold, with the goal of making up-cycled dog food mainstream. It adds to Austin's range of unique pet companies, from Nulo Inc., a past Inc. 5000 member that makes nutrient-rich dog food, to Maev Inc., which specializes in what it calls "human-grade" raw dog food. There's even Homescape Pets, which makes pet supplements with cannabidiol.
The type of incentives sought by the tech giant signify major potential expansion both at the Taylor site and at their long-occupied location in North Austin, possibly bringing billions more dollars and hundreds more jobs to the region.
A Dallas-based real estate investment firm entered Austin’s hospitality industry with its purchase of the DoubleTree by Hilton Austin hotel. Mohr Capital LLC last week announced the purchase of the six-story, 350-room hotel with almost 25,000 square feet of meeting space for an undisclosed amount. The investment firm plans to pour $11 million into upgrades for the property at 6505 N. I-35.
Felix Media Solutions, a past Inc. 5000 honoree, is growing through the acquisition of another Austin company. Click through for details on that deal and other recent mergers and acquisitions in Central Texas.
Shontel Mays, whose husband is KVUE Anchor Bryan Mays, has spent nearly two decades in leadership roles in Pflugerville, Round Rock and Lufkin/Angelina County, as well as development roles for Seton Williamson Foundation and the March of Dimes Central Texas. Also included with this story: ABJ's latest list of local chambers of commerce.
Austin-area bankruptcy courts recorded one business filing during the week that ended May 13. Year to date through May 13, the court recorded 20 Chapter 7 or Chapter 11 business bankruptcy filings, a 67% increase from the same span the prior year. Chapter 7 bankruptcy protection typically provides for the liquidation of a business’ assets to satisfy creditor claims, while Chapter 11 protection enables a business to restructure its creditor obligations with the goal to remain a going concern.
The end of the SBA's last big Covid-19 small business relief program was an abrupt end to some business owners' long quests for a loan. Despite the letter from the senators, it is unclear if the SBA has the authority to move money to separate accounts in such a fashion.
After Austin’s recent celebration of the opening of Tesla Inc.'s billion-dollar gigafactory in Travis County, San Antonio leaders have a plan to cash in on that win. “We think that together we can co-market in some key geographies and tell that story about what the broader mega region can offer,” one economic development exec says.
Tacodeli's expansion strategy isn't just about opening in new locations. We dive into the changing tactics of the beloved Austin chain in this article, which also includes a list of Austin's largest shopping centers.
Get details below on recent funding deals: In the past week-plus, five Austin-area companies reported a combined $136 million in funding deals. Want daily updates on fundings, hires and other news of interest to the startup community? Subscribe to Austin Inno's Beat newsletter.
Employers are adapting their policies at a rapid pace in the pandemic era — particularly on high-stakes topics that could have long-term effects on their businesses.
Samsung is laying the groundwork for more potential expansion in Central Texas. It has filed applications for new incentives agreements from both the Taylor and Manor school districts. Exact details remain sparse, but it's clear the South Korea-based tech giant could throw even more money at the Austin area, which is shaping up as the new epicenter of U.S. semiconductor manufacturing.
In rare Austin-area semiconductor setback, Round Rock ISD declines Chapter 313 application from supplier
The move marks one of the first setbacks for the semiconductor industry in the Austin area, which has been booming recently amid high demand and a global shortage of chips. It's unclear what the Round Rock-based company will do next but it has indicated it needs to invest almost $1 billion in an expansion and it will pour that money elsewhere if needed.
One of Austin's high-demand chip manufacturers has received initial support for tax incentives as it moves forward with possible $2 billion expansion in the city.
The owners of 190-plus acres near the Applied Materials campus want to prep the land for residential and commercial development. Zoning and annexation are moving forward for the site, although at least one neighbor is worried about increased traffic and noise.
Colette Pierce Burnette reflects on Huston-Tillotson CEO tenure, Austin's attempts to right historic wrongs
Colette Pierce Burnette's legacy in Austin is multifaceted. For roughly seven years, she's led Huston-Tillotson University, the oldest higher education institution in Austin and its only historically black university. She said Huston-Tillotson's mission "is to provide education as the great equalizer." The school traces its history back to 1875, and was formed through the combination of Samuel Huston College, which moved to Austin in 1878, and Tillotson College, which opened in 1881 — just a decade after Juneteenth marked the end of slavery in the United States.