July 2023 | Central Texas News and Developments
The Latest Local Happenings
Industrial piping company 5F picks Manor for new HQ
July 31, Austin Business Journal | 5F Mechanical Group, a company know for complex piping for high-rises and factories, will be building their own HQ in Manor within the next year. Their HQ will be situated on about a dozen acres and bring about 100 jobs to the area.
“Missing middle” housing planned near Taylor Samsung plant with some potential commercial space
July 31, Austin Business Journal | Situated on 56 acres just a mile from Samsung’s new plant, the project will include multifamily and single family residences, along with some potential space for commercial use.
Wimberly park recognized as a 2023 TripAdvisor Traveler's Choice award winner
July 31, CBS Austin | For the third year in a row, Wimberley’s Blue Hole Regional Park has been recognized with TripAdvisor’s Traveler’s Choice award. The Hill Country park features a swimming hole, hiking trails, and picnic spots and has received outstanding reviews from travelers.
Vision revealed for old Alcoa plant in Milam County - could be Central Texas’ largest-ever development
July 28, KXAN | Over a year after purchasing the 31,000 acre property for $240 million, the company shared their plans to develop 3,300 acres into a 50 million SQFT industrial space, called the Advanced Manufacturing and Logistics Campus. The development is roughly 7 times the size of the Austin airport.
Multibillion-dollar data center campus proposed in Williamson County secures incentives
July 24, Williamson County EDP | Codenamed “Project Skybox”, Skybox Datacenters LLC and Prologis Inc. are teaming up to build their 159-acre PowerCampus. This the one of the area’s largest economic development projects. The datacenter could eventually expand to 3.9 million SQFT across 6 buildings.
Texas has most-affordable cities in the South
July 11, The Real Deal | When taking income and expenses into account, 3 Texas cities have made the list on the top 10 affordable cities in the South. These Texas spots include Cedar Park, San Marcos and Midland. Factors analyzed included property taxes, utilities, home prices, and more.
More opportunities for commercial real estate in the suburbs
July 14, Forbes | It’s not news that many are leaving the big city in favor of more space and lower price tags in the suburbs. Commercial real estate is finding value in being where their workers are - but what does this mean for urban spaces?
Hutto preps 'megasite' for tens of billions in investment
July 12, Austin Business Journal | After years of convincing companies to make the move, Hutto’s plans to develop a “magasite” is starting to take real shape. Among these companies looking at this 1,400 acre development are suppliers of Samsung, just a short distance away.
Tesla supplier selects Manor, TX for 350K SF plant and 800 new jobs
July 10, CRE MarketBeat | French electrical vehicle supplier, Plastic Omnium, had leased a 350,000 SQFT facility in Manor just outside Austin, Texas. The Tesla supplier will now by just 15 miles from the Gigafactory, with plans to hire on about 800 workers and produce high-end bumpers.
Most legendary restaurants from around the world
July 3, TasteAtlas | Here are 150 of the BEST restaurants around the world, and what you should order at each! And the top pick for the U.S.? Texas meat-lovers rejoice: this BBQ spot is in Central Texas, and definitely should be on your food bucket list.
This Texas city is the best place to launch your career
July 3, Austin Business Journal | With thriving industries, booming population growth, and “good vibes”, recent grads are flocking to this Texas city - and for good reason! The downtown and surrounding areas offer the bright eyed and bushy tailed lots of entertainment and job opportunities.