Southeast Austin’s Oracle Campus Planning Office and Hotel Addition "The sprawling waterfront headquarters of software multinational Oracle Corporation could soon expand once again in Southeast Austin, according to recent city permits. The firm, which opened a large office campus on South Lakeshore Boulevard in 2018 and designated the site as its new corporate headquarters two years later, currently owns approximately 50 acres on the southeast shore of Lady Bird Lake under the terms of a Planned Unit Development (PUD) agreement with the City of Austin." (James Rambin, Towers)
Austinites are complaining about robot cars. The city can't do anything to regulate them. "Autonomous vehicles have been in Austin for years, but a recent uptick in the cars across the city has led to an uptick in complaints. The city says its hands are tied when it comes to regulating the new technology. In a memo last week, the Austin Transportation and Public Works Department said it's constrained by state law." (Andrew Weber, KUT 90.5)
Massive San Marcos film and production studio on track to break ground later this year "A massive $267 million studio for film and television production is expected to break ground in San Marcos later this year after winning city approvals last month." (Kara Carlson, Austin American-Statesman)
UT to open $200M ecological research station in Dripping Springs "The Hill Country Field Station, recently announced by the university, will be located at Mirasol Springs, a development on the Pedernales River from Steve Winn, founder of RealPage and CEO of Mirasol Capital, companies focused on the real estate industry." (Elle Bent, Community Impact)
San Antonio company plans high-end motorsports development in Austin area "Prestige Motorsports co-founder Ben Brunton said the company is currently negotiating a land deal in the Lake Travis area, near Cedar Park. Brunton estimated that construction could begin six months after the company secures land and finalizes zoning." (W. Scott Bailey, Austin Business Journal)
Paxton’s former deputies describe ‘hijacking’ of attorney general’s office "Two former top officials from the Texas attorney general’s office testified Sept. 6-7 they were disturbed by Ken Paxton’s relationship with Nate Paul, an Austin real estate investor and campaign donor. Paul is connected to many of the 16 impeachment charges against the suspended attorney general, who is accused of bribery, conspiracy, misuse of public funds, retaliation against former employees and more." (Hannah Norton, Community Impact)
Texas is the 3rd hottest state for international homebuyers, new report shows "The trend of international buyers purchasing homes in Texas shows no signs of slowing down, as revealed in the latest Texas International Homebuyers Report. Released September 6 by Texas Realtors, the report shows that the Lone Star State remains the No. 3 hottest U.S. destination for international homebuyers. Texas ranks behind Florida and California for the fourth consecutive year." (Amber Heckler, CultureMap Austin)
