825 new multifamily units greenlit east of Q2 Stadium "Two more residential developments are on the horizon for the North Burnet/Gateway area following Austin City Council’s approval of future 450- and 375-unit housing developments on Kramer Lane and Donley Drive on March 21." (Grace Dickens, Community Impact)
Texas AG Paxton asks judge to reject Austin's plans to finance Project Connect improvements "A Travis County judge on Monday set a trial date to hear arguments in a pending bond validation lawsuit centered on the proposed financing plan for Project Connect, setting a stage on which the future of the city of Austin’s $7.1 billion public transportation investment could be at stake." (Chase Rogers, Austin American-Statesman)
Liberty Hill leaders OK agreement on 140-acre mixed-use project "After months of deliberation, K29 1941 Investments and the city of Liberty Hill have reached an agreement that will allow the development of a 140-acre mixed-use project at the intersection of Ronald Reagan Boulevard and Hwy. 29." (Zacharia Washington, Community Impact)
A push for more affordable housing falls flat at Planning Commission "A new tower planned for downtown sparked debate about Austin’s density bonus program at the most recent meeting of the city’s Planning Commission." (Elizabeth Pagano, Austin Monitor)
Nate Paul fights back, gets stay on 10-day jail sentence "The Texas Supreme Court issued a stay on an order of jail commitment for Austin real estate investor Nate Paul on March 19. Paul’s commitment to Travis County jail is now paused, 'pending further order of this court,' according to the emergency order filed by Paul and his attorneys." (KXAN/ABJ staff Austin Business Journal)
16-court indoor pickleball complex coming to Cedar Park "A 47,500-square-foot indoor pickleball complex is expected to open in Cedar Park in 2025. ATX Pickleplex will feature 16 indoor courts, locker rooms, a pro shop, and a restaurant and bar space. Owners Jim Sweeney and Bill Parodi said the $8 million project will break ground on July 1." (Kameryn Griesser, Community Impact)
PNC Bank aims to open eight new Austin branches amid national expansion "Pittsburgh-based PNC (NYSE:PNC) said on Feb. 14 that it will open 100 new branches across the country through 2028, and it singled out Austin as one of six key markets for expansion. PNC is the nation’s sixth-largest bank by assets." (Cody Baird, Austin Business Journal)
