Lawsuit targeting light rail rattles Austin’s transit plans "A legal battle surrounding Austin’s plan to build a 10-mile light rail route through the center of the city is heating up. The Austin Transit Partnership and Austin City Council are fighting back on a lawsuit from opponents who question the validity of the funding mechanism behind the city’s push to build the 15-stop light rail system." (Mike Christen, Austin Business Journal)
Nate Paul takes the stand in Travis County court "Paul's invocation of the fifth amendment in the civil case involving Karlin Real Estate LLC and Pennybacker Capital LLC was intended to safeguard him from making any jeopardizing statements as he faces separate federal charges brought against him related to wire fraud and lying to financial institutions." (Cody Baird, Austin Business Journal)
Hutto breaks ground on Megasite spine road "Construction is underway on the main thoroughfare for Hutto’s Megasite, which is set to become a hub for big tech manufacturing developments off Hwy. 79." (Grant Crawford, Community Impact)
More Than 1,000 Apartments Planned at Central Austin’s Lamar Business Park "The planned redevelopment of a nearly 14-acre shopping center and business park at the edge of the North Loop neighborhood in Central Austin could bring more than 1,000 new apartment residences near the southeast corner of North Lamar Boulevard and West Koenig Lane." (James Rambin, Towers)
Austin continues to fall short of its affordable housing goals "Austin is far from its goal of constructing tens of thousands of homes affordable to people earning low incomes, according to a new report." (Audrey McGlinchy, KUT 90.5)