Elon Musk's private preschool Ad Astra gets permit to open in Bastrop, Texas "Elon Musk’s Montessori-style private preschool was given the green light last week to open in Bastrop, according to records obtained by Fortune through the Freedom of Information Act.” (Austin American-Statesman)
Fintech companies PayPal, Wise sign big leases in North Austin Domain Tower 2 is about 75% leased. PayPal now has nearly half of the building's rentable space. (Cody Baird, Austin Business Journal
Austin opens new affordable housing development in Southeast Austin "The Ekos City Heights will serve people 55 and older. It includes 179 apartments that are income restricted. Ten of them will be designated for people transitioning out of homelessness. Caritas of Austin, a local nonprofit, will provide on-site support services for these residents.” (Luz Moreno-Lozano, KUT 90.5)
City Council passes resolution prioritizing co-op housing for older people and people with disabilities City Council passed a resolution Thursday directing the city manager to prioritize city-owned land for the development of income-restricted, shared-equity housing for older residents and people with disabilities, including options like cooperative housing and community land trusts. (Madeline de Figueiredo, Austin Monitor)
Paxton sues Austin church that is largest provider of homeless services in Travis County "Texas Attorney General Ken Paxton is suing a church that is the largest provider of homeless services in Travis County, alleging its South Austin headquarters has become a “magnet” for drug and criminal activity and poses a “drastic” threat to the surrounding neighborhood, including an elementary school.” (Skye Seipp, Austin American-Statesman)
