Union Dallas Mixed Use Construction Project

DFW’s most expensive construction project underway readies to open its doors

The most expensive construction project underway in North Texas is months away from opening its doors to the public. The Union Dallas, a $350 million mixed-use development between Uptown and American Airlines Center, will be completed early next year after almost three years of construction. Owned by Phoenix-based RED Development, the project includes 1.2 million […]

Alameda Theater Construction

Local construction company to manage Alameda Theater transformation

The group charged with overseeing redevelopment of the Alameda Theater has tapped Guido Construction to manage renovations for the downtown venue. San Antonio-based Guido, chosen by the Alameda Theater Conservancy, will handle construction management for the project, which will include new entertainment space. The conservancy — consisting of the city of San Antonio, Bexar County, […]

New East Austin Beer Brewery

East Austin machine shop to become beer brewery, report says

There’s a new brewery reportedly planned in East Austin called Central Machine Works Brewery and Beer Hall that would add to the area’s rich suds scene. It aims to open in the spring at 4824 E. Cesar Chavez St., in the former home of the Central Machine Works business, according to Eater Austin. That’s just […]

Texas Bullet Train

Texas Bullet Train named top North American infrastructure project

The proposed Texas Bullet Train has been named one of the top North American infrastructure projects by a national infrastructure advocacy group that called the high-speed rail venture a “game changer.” The project will create jobs, spur business growth and provide a reliable transportation option, according to the group, CG/LA, which recognized the train in […]

NuStar European Asset Sale

NuStar Energy plans to leave Europe in $270M deal

San Antonio-based NuStar Energy LP plans to leave Europe, having agreed to sell all its assets there for $270 million amid continued shifts in equity capital markets and a renewed focus on domestic projects. NuStar (NYSE: NS) confirmed Tuesday morning that it intends to sell its European terminals and related assets to Inter Terminals Ltd., […]

Resideo Technologies Austin HQ

Honeywell spinoff picks Austin for its HQ

A $4.8 billion Honeywell International Inc. (NYSE: HON) spinoff company will move to Austin in 2019. Resideo Technologies Inc., which provides indoor-environmental control and security systems, filed with the U.S. Securities and Exchange Commission on Oct. 15 that “it is actively looking for a headquarters building in the greater Austin metro area.” The company sees […]

Chesapeake Energy Corp Purchase WildHorse Resource Development

Chesapeake to buy Houston energy co. focused on Eagle Ford in $4B deal

Oklahoma City-based Chesapeake Energy Corp. (NYSE: CHK) will buy Houston-based WildHorse Resource Development Corp. (NYSE: WRD) in a cash-and-stock deal valued at nearly $3.98 billion, including the assumption of debt. WildHorse went public less than two years ago and has since become one of the top companies in the Eagle Ford Shale. The deal is […]

Aerosmith Drummer Home Sale

Aerosmith drummer lists Boerne property for just under $4M

Longtime Aerosmith drummer Joey Kramer is selling his 7,698-square-foot mansion in Boerne, recently listed for nearly $4 million. The house is on Sendero Ridge in the exclusive Cordillera Ranch community. It features four bedrooms, four full bathrooms and two half bathrooms. Built in 2016 by Todd Glowka Builder Inc., the single-story property sits on more […]