June 2, 2016
|
In This Issue |
Top Stories
|
|
Local News
|
|
National News
|
|
Construction trade organizations are balking at the Department of Labor’s new overtime wage rule, which raises the salaried worker exempt threshold from $23,660 to $47,476 per year.
|
Emerson isn't the only company opting out of Austin and moving to Round Rock.
|
Rents for prime US warehouse space rose 9.9% in 2015 compared to just 2.8% worldwide, according to CBRE, as retailers and distributors grabbed facilities near import hubs and population centers.
|
The aptly named development is at 801 Barton Springs Road, near the Palmer Events Center and situated between Congress Avenue and Lamar Boulevard. The property affords unique views of Lady Bird Lake and the Downtown Austin skyline.
|
Another ride-hailing company has set its sights on Austin.
|
Significant capital improvements and a project re-branding are underway for Highland Village, soon to be renamed the Crescent, a 120,000-square-foot neighborhood shopping center at 6929 Airport Blvd., at the intersection of Airport Boulevard and Lamar Boulevard, according to Misuma Holdings. The center will receive extensive façade and exterior improvements, parking lot upgrades, new monument and directional signage, as well as new landscaping.
|
Private terraces will average more than 400 square feet, capturing views of downtown, Memorial Park, Buffalo Bayou and River Oaks Country Club, while creating outdoor living rooms equipped with summer kitchens and fireplaces.
|
Different employment sectors flourish in locations with economies of scale, a talented workforce and focused support of local policymakers. In this regard, San Antonio has leveraged its longstanding military city credentials to quickly become a national leader in cyber security.
|
Consumer demand for the product type is soaring, and driving dozens of new concepts to open, sometimes in close proximity to one another. As a result, retail landlords are requesting poke restaurant concepts in their centers.
|
Do these tax-subsidized apartments perpetuate segregation by excluding some low-income households?
|
Transaction activity and RevPAR growth slowed in Q1, but the underlying fundamentals of the lodging sector remain strong. That was the overarching message of JLL's Q1 2016 report on the hotel industry, which goes on to identify four major trends that look to shape the industry moving forward.
|
|
|
|