Project Connect's Paxton problem "It’s become increasingly dubious since 2020 whether or not Austin’s major transit overhaul, Project Connect, will ever get built – mostly thanks to ballooning cost estimates and, more recently, a legal challenge by a group of prominent citizens, supported by Attorney General Ken Paxton." (Lina Fischer, Austin Chronicle)
15-Story Residential Tower Could Bring Lamar and Airport an All-Time High "A transit-oriented residential development now in the early planning stages at the southeast corner of Lamar and Airport Boulevards at the edge of the Highland neighborhood could set a new record for height in this region of Central Austin, with the project’s developers now seeking a zoning change from the city unlocking a maximum height of 160 feet or about 15 floors." (James Rambin, Towers)
StoryBuilt misused funds, failed to document finances and more, report shows "A recent status report from a court-appointed receiver tasked with fixing the finances of embattled real estate firm StoryBuilt alleges that the infill housing developer’s financial woes run deeper than previously thought." (Cody Baird, Austin Business Journal)
47-story apartment high-rise planned for downtown Austin "Manifold, an Austin-based investment and development group, plans to build the high-rise in the 500 block of West Avenue between West Sixth and West Fifth streets, east of Whole Foods Market's flagship store." (Shonda Novak, Austin American-Statesman)
First-Ever Appraisal District Election Is Small Battle in GOP-Dem War Over Taxation in Texas "For the first time ever, voters across Texas will be asked to elect some of the people who will serve on the obscure oversight boards that play a critical role in the state’s property tax system. Some in Travis County fear the May 4 election could allow Republicans to gain power in what is a staunchly Democratic county." (Austin Sanders, Austin Chronicle)
