$430 million in refinancing arranged for luxury Fairmont hotel in downtown Austin "JLL Capital Markets represented [developer Manchester Texas Financial Group] in obtaining the five-year loan, along with Goldman Sachs. With the refinance, Manchester bought out its minority partner and is now the hotel's sole owner." (Shonda Novak, Austin American-Statesman)
Secretive San Francisco company eyes multibillion-dollar semiconductor project in Bryan "According to documents, the project would equate to an investment of at least $10 billion on a 288-acre undeveloped parcel at the Texas A&M RELLIS Education and Research campus — but there are indications that's just a sliver of what's planned." (Justin Sayers, Austin Business Journal)
Four Seasons Private Residences Lake Austin to begin construction this fall "The project is set on 145 acres of natural landscape and waterfront southwest of the RM 2222 and Loop 360 intersection. ... In June, investment and development firm Turnbridge Equities became a co-developer of the project alongside Austin Capital Partners." (Grace Dickens, Community Impact)
Get ready for six months of backups on South Lamar Boulevard "Drivers on South Lamar Boulevard should prepare for months of backups and bottlenecks as Austin Energy embarks on a six-month plan to replace utility poles and upgrade wires along a stretch of the corridor." (Katy McAfee, KUT 90.5)
Key Samsung supplier iMarket America plans big tech-oriented industrial park in Taylor "Representatives for iMarket America Inc. — which has also signed a lease to establish its U.S. headquarters at a small office in Round Rock, and is a subsidiary of iMarket Korea Inc. — revealed that the project will include more than 2.2 million square feet of industrial space." (Austin Business Journal)
