AUSTIN-JPI, a luxury apartment developer based in Irving, TX, likes what it sees in Austin's future--more residents. The side-by-side communities will deliver 551 units, totaling 520,828 sf, to the state capital's housing market.

HOUSTON-Administaff Inc. is looking ahead to first quarter 2001 when it plans to start construction on a $20-million headquarters expansion. The project will add at least 324,000 sf to the campus.

AUSTIN-Another city-based IT company gets more venture capital to expand operations. Such transactions are everyday occurrences in the state capital, where high-tech firms are collectively challenging Silicon Valley's standing as the premier IT location.

HOUSTON-The Morgan Group Inc. has named David Hannan as senior vice president of its property management group. His duties include overseeing a nationwide building program for luxury developments.

DALLAS-Gaylord Entertainment Co., headquartered in Nashville, has secured $200 million in interim financing from Merrill Lynch Mortgage Capital Inc. that will be applied to Opryland hotel construction projects in Florida and Texas.

FT. WORTH-Accolades mount for an ambitious historical preservation project, copping top honors from Historic Ft. Worth and an American Institute of Architects chapter. The award-winning work is just the beginning for the 1931 railroad terminal, being converted into a four-star, railroad-theme hotel.

DALLAS-Tom Hicks' Olympus Real Estate Corp. scores with a 296-room hotel purchase in the Telecom Corridor, the first in a series of planned buyouts in a partnering with Minnesota-based Carlson Hotels Worldwide.

DALLAS-The region's strong industrial sector lands six new tenants at two parks as a result of summer leasing activity by Duke-Weeks Realty Corp. Texas Plaza II and Garland Business Center II are the benefactors of the deals.