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Austin, TX Business News

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Visualization of healthcare data sharing and real-time coordination among services in Austin.

Watershed Health Launches Real-Time Care Coordination in Austin

May 22, 2025

News Summary Watershed Health has launched an innovative real-time care coordination initiative in Austin and Travis County to improve healthcare delivery. Supported by partners like Dell Medical School and Central...

Diverse employees working at Corner Bar in Austin

Corner Bar Settles Pregnancy Discrimination Lawsuit

May 22, 2025

News Summary Corner Bar in Austin has agreed to pay $42,000 as part of a pregnancy discrimination lawsuit brought by the EEOC. The lawsuit highlighted issues faced by a pregnant...

A skyline view of South Austin highlighting modern apartments

South Austin Faces Rising Apartment Vacancy Rates

May 22, 2025

News Summary South Austin is witnessing a significant increase in apartment vacancy rates, reaching 15.3%, the highest in a decade. This rise is attributed to a record-high supply of available...

A scene from a virtual world created by students at the Texas Immersive Institute in partnership with HTC.

Texas Immersive Institute Partners with HTC to Create Virtual Worlds

May 21, 2025

News Summary The Texas Immersive Institute at the University of Texas at Austin has teamed up with HTC to develop seven original virtual worlds within HTC’s Viverse platform. This collaboration...

Architectural rendering of multifamily housing project in Austin

Portman Expands Austin Team with Katie Tolson Hire

May 20, 2025

News Summary Portman has hired Katie Tolson as Vice President of Development in Austin, aiming to strengthen its multifamily development initiatives. Tolson, with over 18 years of experience in real...

Interior view of Loudmouth Pizzeria with pizzas on display

Loudmouth Pizzeria to Open in East Austin

May 19, 2025

News Summary A new pizzeria called Loudmouth is set to open in East Austin, offering a menu of creative wood-fired pizzas and shareable plates. Owned by the team behind Paperboy,...

A lively street view of various local businesses in Texas with people enjoying the atmosphere.

Yelp Highlights Texas Local Businesses in Top 100 List

May 16, 2025

News Summary Yelp has released its ‘Top 100 Local Businesses 2025’ list, showcasing four standout Texas businesses for their exceptional service and community contributions. As searches for local businesses surged,...

Omnicell's new Innovation Lab focused on healthcare technology development

Omnicell Opens Innovation Lab in Austin to Tackle Healthcare Challenges

May 15, 2025

News Summary Omnicell, Inc. has launched its new Innovation Lab in Austin, Texas, aimed at developing advanced technologies to improve medication management in healthcare. The lab seeks to leverage automation...

Various local businesses in Texas highlighted by Yelp

Yelp Unveils Top Local Businesses Celebrating Texas Talent

May 15, 2025

News Summary Yelp has announced its annual list of the Top 100 Local Businesses for 2025, featuring four businesses from Texas that exemplify local excellence. Highlighted are Gas Coffee in...

Finance

Retail center in Austin, Texas featuring Fresas Chicken

Whitestone REIT Acquires San Clemente at Davenport in Austin

May 9, 2025

News Summary Whitestone REIT, a Houston-based real estate investment trust, has expanded its portfolio by acquiring the San Clemente at Davenport, a 31,832 square feet retail center in Austin. Anchored...

Troutman Pepper Locke team discussing energy regulations.

Troutman Pepper Locke Welcomes Casey Bell as Partner in Austin

May 6, 2025

News Summary Troutman Pepper Locke has announced the appointment of Casey Bell as a partner in its Austin office, enhancing its Energy Regulatory Practice in Texas. With nearly 20 years...

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...

CONSTRUCTION

A skyline view of South Austin highlighting modern apartments

South Austin Faces Rising Apartment Vacancy Rates

May 22, 2025

News Summary South Austin is witnessing a significant increase in apartment vacancy rates, reaching 15.3%, the highest in a decade. This rise is attributed to a record-high supply of available...

Architectural rendering of multifamily housing project in Austin

Portman Expands Austin Team with Katie Tolson Hire

May 20, 2025

News Summary Portman has hired Katie Tolson as Vice President of Development in Austin, aiming to strengthen its multifamily development initiatives. Tolson, with over 18 years of experience in real...

Inside view of Crunch South Park Meadows gym showing various workout equipment.

Crunch Fitness to Open New Location in Austin

May 14, 2025

News Summary Crunch Fitness is set to open its new facility, Crunch South Park Meadows, in Austin’s SouthPark Meadows III shopping center in Fall. The 45,000 square foot gym represents...

Aerial view of Caldwell County site for data center development

Tract Acquires 1,515-Acre Land Parcel in Texas for Data Centers

May 9, 2025

News Summary Tract, a data center developer, has purchased a 1,515-acre site in Caldwell County, Texas, aiming to develop advanced cloud and AI technologies. With a planned initial power capacity...

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...

Marketing

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Real Estate

A skyline view of South Austin highlighting modern apartments

South Austin Faces Rising Apartment Vacancy Rates

May 22, 2025

News Summary South Austin is witnessing a significant increase in apartment vacancy rates, reaching 15.3%, the highest in a decade. This rise is attributed to a record-high supply of available...

Architectural rendering of multifamily housing project in Austin

Portman Expands Austin Team with Katie Tolson Hire

May 20, 2025

News Summary Portman has hired Katie Tolson as Vice President of Development in Austin, aiming to strengthen its multifamily development initiatives. Tolson, with over 18 years of experience in real...

Retail center in Austin, Texas featuring Fresas Chicken

Whitestone REIT Acquires San Clemente at Davenport in Austin

May 9, 2025

News Summary Whitestone REIT, a Houston-based real estate investment trust, has expanded its portfolio by acquiring the San Clemente at Davenport, a 31,832 square feet retail center in Austin. Anchored...

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...

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