Austin City Council takes step toward initiating climate bond election “The city's governing body approved a resolution directing city staff to come back to the City Council with two large proposals: a climate bond package and a climate investment plan.” (Ella McCarthy, Austin American-Statesman)
Elon Musk Says He Will Move X and SpaceX Headquarters to Texas "Mr. Musk said SpaceX would move its headquarters from Hawthorne, Calif., to its Starbase facility in Boca Chica, Texas. X, which is based in San Francisco, will move to Austin.” (Kate Conger and Eli Tan, New York Times)
Austin’s Finally Putting Some Teeth in the Downtown Density Bonus Program "At its meeting earlier today, Austin’s City Council passed a resolution initiating a number of potential modifications to the city’s Downtown Density Bonus Program. The resolution instructs Austin’s new city manager to research and develop a laundry list of potential changes to the DDBP, and return to Council with a final ordinance for consideration by spring 2025.” (James Rambin, Towers)
Mobility councils support extensive lane conversions despite concerns "A proposal to convert a lane on every city-owned main road into a bus or bike lane within five years has received support from mobility advocates, who passed a recommendation calling on City Council to consider the plan.” (Dylan Ebs, Austin Monitor)
Darden Restaurants set to acquire all Chuy’s locations "Orlando-based Darden Restaurants is set to acquire Chuy’s for approximately $605 million. The Darden brand owns over 1,900 restaurants worldwide, including Olive Garden, LongHorn Steakhouse, Yard House, Cheddar’s Scratch Kitchen and Bahama Breeze, among others.” (Aubrey Vogel, Community Impact)