MLS Austin

MLS Austin stadium may or may not come to fruition

MLS Austin fans may have to wait a little longer, as developers, architects and residents are making a final push to transform a North Austin site into something other than a professional soccer stadium as the city nears another critical decision on its professional sports future. Five different groups responded to the city’s call for […]

Tesla

Tesla, Musk, and the $60 billion question

Tesla is electrifying stock market speculators. At first, everyone thought it was just a weed joke. “Am considering taking Tesla private at $420,” Elon Musk tweeted Tuesday afternoon. “Funding secured.” But it didn’t take long before that assumption went up in smoke. The news sent shockwaves through the financial system, with Tesla’s shares finishing up […]

Mattress Firm

Mattress Firm reportedly considering bankruptcy filing

Mattress Firm Inc. — a Houston-based company — might be added to the list of major national retailers turning to bankruptcy protection to slim down their brick-and-mortar footprints. People familiar with the matter told Reuters that Mattress Firm and parent company Steinhoff International Holdings NV are working with consulting firm AlixPartners LLP, which helps companies […]

CodeNext

CodeNext demise prompts Austin leaders to identify next steps

While the obituary for CodeNext is still being written, community groups, business associations and city officials are already looking how to move past the sudden downfall of the sweeping land development code rewrite. Austin Mayor Steve Adler called on Wednesday for CodeNext to “cease” so a new process led by City Manager Spencer Cronk could […]

Dallas Fed

Dallas Fed says employment and exports up in Texas energy sector, but production remains flat

Dallas Fed monthly energy sector report reveals that Texas’ energy industry is in a strong position, despite mixed market indicators. Production and drilling permit applications started to level off in June and July, but exports and employment have continued to increase overall, according to the report. Regarding employment, Texas is outperforming the nation overall, as […]

Houston food hall

Houston food hall plans at Capitol Tower revealed

New York-based Skanska USA Commercial Development has revealed plans for the Houston food hall in downtown Houston’s upcoming Capitol Tower. Dubbed Understory, the 35,000-square-foot project inside Capitol Tower’s two-story atrium will house a full-service restaurant, seven chef-driven market concepts and a cocktail bar at 800 Capitol St., according to the press release. Plans also call […]

Buc-ee's

Buc-ee’s inks lease for exec coworking space in Austin

Firmspace, a luxury coworking startup that caters to executives more so than entrepreneurs, has inked a lease in downtown Austin with Buc-ee’s for its corporate offices. Austin-based Firmspace is adding about 9,300 square feet to the 24,000-square-foot space it opened last fall on the 19th floor of the 500 West 2nd tower, which is where […]

San Antonio zoo

San Antonio Zoo plans to invest millions in pair of new exhibits

The roughly 104-year-old San Antonio Zoo is embarking on multimillion-dollar plan that will provide more of its species with new natural habitats that will give guests greater interaction with those animals, officials have confirmed. The first planned project is a new rhino exhibit. The larger habitat will cost roughly $1 million to build and will […]

Which Wich

Which Wich parent company acquires Dallas-based gelato concept

Which Wich, the Dallas-based restaurant company, has added a sweet treat to its portfolio. Sinelli Concepts International has officially announced its acquisition of Paciugo, a nearly 20-year-old gelato concept, for an undisclosed amount. With the purchase, Sinelli Concepts will take over Paciugo’s portfolio of 32 franchised and licensed locations across 10 states. “Paciugo has established […]