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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.
Visit http://www.constructiondive.com/news/construction-industry-fires-back-against-labor-dept-overtime-rule-changes/419485/ to view the full article online. |
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Emerson isn't the only company opting out of Austin and moving to Round Rock.
Visit http://www.bizjournals.com/austin/blog/real-estate/2016/05/round-rock-nets-more-new-development-at-austins.html?ana=e_du_pub&s=article_du&ed=2016-05-19&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1463688999&j=73359032 to view the full article online. |
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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.
Visit https://www.bisnow.com/national/news/industrial/e-commerce-spurs-growth-in-warehouse-rents-60121?be=aarnold%40naylor.com&utm_source=Newsletter&utm_medium=email&utm_campaign=wed-18-may-2016-000000-0500_national-re to view the full article online. |
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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.
Visit http://buildingatx.com/2016/05/801-barton-springs-is-a-dream-come-true-for-local-developer-renderings/ to view the full article online. |
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Another ride-hailing company has set its sights on Austin.
Visit http://www.bizjournals.com/austin/news/2016/05/18/another-ride-hailing-app-eyes-austin.html?ana=e_du_pub&s=article_du&ed=2016-05-18&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1463603203&j=73321222 to view the full article online. |
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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.
Visit http://www.globest.com/sites/lisabrown/2016/05/19/curated-tenant-mix-and-exterior-breathe-new-life-into-center/?kw=Curated%20Tenant%20Mix%20and%20Exterior%20Breathe%20Life%20into%20Center&cn=20160519&pt=Austin&src=EMC-Email&et=editorial&bu=REM&LikelyCooki to view the full article online. |
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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.
Visit http://www.globest.com/sites/lisabrown/2016/05/18/empty-nesters-look-for-stylish-lock-and-leave-options/?kw=Empty%20Nesters%20Look%20for%20Stylish%20Lock%20and%20Leave%20Options&cn=20160518&pt=Texas&src=EMC-Email&et=editorial&bu=REM to view the full article online. |
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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.
Visit http://www.globest.com/sites/lisabrown/2016/05/13/port-becomes-cyber-security-hotbed/?kw=Port%20Becomes%20Cyber%20Security%20Hotbed&cn=20160519&pt=Austin&src=EMC-Email&et=editorial&bu=REM to view the full article online. |
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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.
Visit http://www.globest.com/sites/kelsimareeborland/2016/05/18/why-landlords-are-aching-for-poke/?kw=Why%20Landlords%20Are%20Aching%20for%20Poke&cn=20160518&pt=Retail&src=EMC-Email&et=editorial&bu=REM to view the full article online. |
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Do these tax-subsidized apartments perpetuate segregation by excluding some low-income households?
Visit http://www.theatlantic.com/business/archive/2016/05/affordable-housing-for-white-people/483444/?utm_source=nl-atlantic-photo-051916 to view the full article online. |
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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.
Visit https://www.bisnow.com/national/news/hotel/four-things-you-need-to-know-about-the-us-hotel-and-lodging-industry-in-2016-59951?be=aarnold%40naylor.com&utm_source=Newsletter&utm_medium=email&utm_campaign=thu-19-may-2016-000000-0500_national-re to view the full article online. |