Austin breaks record for most consecutive triple digit days "On Friday, Austin broke the consecutive day of triple-digit heat by one day. The streak now stands at 28 and is expected to continue as more triple-digit heat sizzles Central Texas." (KVUE ABC)
Kilroy has spent $66M so far on stalled tower "Kilroy reported spending $66.1 million on Stadium Tower as of June 30, according to its second quarter earning report, released July 31. That was up from the $54.8 million as of Sept. 30, 2022, about one month before Kilroy halted construction on the project because of concerns about the economy, leaving a hole in the ground next to Q2 Stadium." (Cody Baird, Austin Business Journal)
Townhome rental project underway in Taylor near Samsung expansion "Forman Capital, a South Florida lender, is funding nearly $19.5 million in construction financing for the Castlewood Townhomes, a 64-unit rental project under construction in Taylor, located in Williamson County about 25 miles from Central Austin." (Shonda Novak, Austin American-Statesman)
Federal court strikes down Austin's short-term rental rules as unconstitutional "A federal judge ruled this week that Austin’s short-term rental ordinance is unconstitutional because it prohibits people from operating a rental, like an Arbnb, if they don't live on the property." (Luz Moreno-Lozano, KUT 90.5)
Nearly 500-acre mixed-use development proposed to replace Indigo Ridge "A nearly 500-acre mixed-use development could be slated for the intersection East Whitestone Boulevard and Sam Bass Road, replacing the previously proposed 155-acre development for the site, Indigo Ridge." (Chloe Young, Community Impact)
Is Peter Pan Mini Golf actually doomed? "A looming change in the control of two prime Austin properties just south of downtown and Lady Bird Lake has speculation swirling about what might happen to the high-profile sites." (Shonda Novak, Austin American-Statesman)
Austin's I-35 plans revised to include new cap and a $25 million boardwalk "The I-35 expansion through Central Austin is undergoing significant revisions as local officials try to negotiate improvements to the $4.5 billion project, aimed at widening the highway that's cut through downtown Austin since it opened in 1962." (Nathan Bernier, KUT 90.5)
Celebrating the Grand Reopening of Austin’s Most Elegant Public Toilet "Last week, the City of Austin marked the triumphant return of what must be one the oldest public restrooms in town at Austin Memorial Park Cemetery, located inside an elegant six-sided stone tower near the site’s main entrance at Hancock Drive." (James Rambin, Towers)