IBM signs lease for entire 15-story office tower at Austin's Domain mixed-use development "IBM will take over the lease at Domain 12 from Meta Platforms, Facebook's parent company, and extend the lease from 2031 to 2040.” (Shonda Novak, Austin American-Statesman)
Tech giant Nvidia is said to be looking for a large office space in Austin area "It's unclear where Nvidia is looking in its search, but it's believed to be on the north side of the metro. That would bring the company close to the operations of Round Rock-based Dell Technologies Inc., with which it has a strong partnership.” (Justin Sayers, Austin Business Journal)
Austin doesn't know how many people get hurt in e-scooter crashes, audit finds "Dockless electric scooters have been around Austin since 2018, but the city is flying blind when it comes to crash data. The rentable rides zip through town at speeds up to 15 miles per hour, but crucial details about crashes — how many, how severe and where they happened — are missing from city records.” (Nathan Bernier, KUT 90.5)
Liquor Store Headed for West 35th Street’s Former Randalls Grocery “The project known as Crawford Street Commercial was described as 'two new highrise buildings with 2 residential units, 150,837 square feet of office space, [and] 91,874 square feet of retail space in the form of a grocery store.' … Sadly, the finer details of that unusual plan will die in a folder on somebody’s computer, with the property’s owners now in the process of rezoning the site to accommodate a Spec’s Wine & Spirits.” (James Rambin, Towers)
Austin's famous Katz's makes a comeback in the same location "There is good news this week for all Austinites pining for a simpler — and if you ask them, better — Austin of the past. The beloved West 6th Street eatery Katz's is making a comeback more than 10 years after it famously closed. Someone in the Katz family has re-purchased the original location and is hoping to bring back the good old days.” (Natalie Grigson, CultureMap Austin)
Aalo Atomics raises $27M to develop small nuclear reactors in Texas "A new startup in Austin is developing small-scale nuclear reactors that could power anything from a data center to an entire city. The company's non-nuclear test reactor is being developed at its new headquarters in southeast Austin.” (Brent Wistrom, Austin Business Journal)
Barton Springs Pool will be closed for weeks because of leaks and safety hazards "Austin’s beloved Barton Springs Pool will remain closed for at least the next several weeks because two major leaks are creating a safety hazard for swimmers, city officials said Tuesday.” (Luz Moreno-Lozano, KUT 90.5)
