County adds more “deeply affordable” housing units "Travis County has built about 12,000 affordable housing units and has more on the way, Travis County Corporations Managing Director Andrea Shields told the Commissioners Court last Tuesday." (Ken Chambers, Austin Monitor)
ZT Systems plans 1,500-job factory in Georgetown "A New Jersey-based company that builds equipment used for cloud computing and artificial intelligence systems has acquired a 435,000-square-foot building in Georgetown, where it plans to open a manufacturing plant that would employ at least 1,500 people by the end of the next year." (Justin Sayers, Austin Business Journal)
Demolition Pending for Downtown Austin Hotel Planned at Fifth and Trinity "Demolition could kick off as soon as later this month in downtown Austin at the southwest corner of East Fifth and Trinity Streets, clearing a path for a hotel project by well-known local hospitality developers White Lodging." (James Rambin, Towers)
Elon Musk's Boring Co. Slapped With More Environmental Violations "Elon Musk's Boring Co. facility in Bastrop is having a rocky road to completion, plagued by pesky environmental laws like the Clean Water Act. Two weeks ago the Texas Commission on Environmental Quality issued four violations relating to the Boring Co.'s management of stormwater runoff." (Lina Fisher, Austin Chronicle)
County inventories show sizable decline in greenhouse gas emissions "The inventories show an overall drop of 20.3 percent [in emissions of greenhouse gases in the county] from 2019 to 2021. Of the seven sectors inventoried, only water/wastewater increased. It jumped by 15.18 percent." (Ken Chambers, Austin Monitor)
Properties controlled by prominent Austin architecture firm up for auction "The three properties are owned by limited liability companies connected to Bercy Chen Studio LP, according to property records. ... [E]ach property has a loan attached to it that is due or will become due in the coming months, according to loan documents filed with the Travis County clerk's office. The three loans total about $15 million." (Cody Baird, Austin Business Journal)
