Tag Archives: construction

National Instruments to Hire 1000

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National Instruments has announced plans to hire an additional 1000 employees, mostly in their Austin headquarters, over the next 10 years. The vast majority of the positions will be for technical and engineering positions, though there will also be increases … Continue reading

Hotels Sprouting Up Like Wildflowers

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Every time a large event comes to town, we hear about shortages in hotel rooms.  That’s why University of Texas home football games and the Austin City Limits Music Festival are not scheduled on the same weekend.  That’s why there … Continue reading

Homebuilder Confidence Put Into Perspective

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Earlier this week, headlines focused on the unexpected drop in Homebuilder Confidence, according to the monthly index reported for February by the National Association of Homebuilders. “Confidence Drops” and “Loss of Confidence” were commonly used in the article headlines, along … Continue reading

Monthly Review of the Texas Economy

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A new report on the Texas economy by the Texas A&M Real Estate Center shows the continued growth of our state’s economy at a higher rate than the national average. Texas gained 264,700 nonagricultural jobs between the months of September … Continue reading

Home Building, Pricing Up in Central Texas

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Austin’s housing starts for the third quarter of 2012 has grown 37 percent, according to a new post by the Austin-American Statesman. Furthermore, home prices continue to rise, due to the combination of a limited inventory and strong demand. “The … Continue reading

Another Hotel in the Works For Downtown Austin

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According to new documents filed with the city of Austin, a new 300-room hotel is being planned for Downtown Austin. These documents show that the new hotel is being planned for construction on the northeast corner of East Fifth Street … Continue reading

Update on Austin Housing Market

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While the US as a whole continues to improve from a recovering housing market, Austin is ahead of the curve and showing substantial improvements in the past few years. Metrostudy Report released an update on the current state of the … Continue reading

US Home Prices Rise in July by Most in 6 Years

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According to a private real estate data provider, home prices in the United States are up 3.8 percent in the 12 months ending in July. The 12 month increase marks the biggest growth in six years, showing that the housing … Continue reading

Samsung Invests $4B in Austin to Boost Chip Output

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Electronics giant Samsung is planning to invest $4 billion in their Austin chip manufacturing plant. This investment is in an effort to ramp up production of their mobile ARM-based processing microchips, including those used in a variety of Apple products, … Continue reading

Update: New Plans to Remake South Lamar Shopping Center

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The Lamar Plaza shopping center, home to Highball and the Alamo Drafthouse, will be undergoing a transformation. New property owner, Greystar Real Estate Partners, plans to create a mixed-use project in the area that will be used for over 400 … Continue reading