AUSTIN-The Austin-area employers of Advanced Micro Devices and DuPont Photomasks are building an advanced technology center in Dresden. In the next five years, Round Rock's DuPont Photomasks will invest $155 million into the facility.
ROUND ROCK, TX-Colliers International, Avery Farms and the Beck Group are in the running if the plan flies. All sites for a Southwest Texas State University campus are in Round Rock's northeast corridor. but state funding is a first hurdle.
AUSTIN-A weekend of festivities kick off the first showing of the $110-million convention center expansion, two years in the making. Bonnie Raitt and a taping of Austin City Limits headline the unveiling.
AUSTIN-Buls-Hodge, the market's primary sublease watcher, says the only change in two weeks is falling rent. Meanwhile, 547,000 sf of sublease space in the 3.74-million-sf inventory have terms of less than a year and rates of $17.35 per sf to $17.77 per sf.
BEE CAVE, TX-The developer is hard at work on the second of three buildings in its Preserve development. The building is more than half pre-leased to a title company and a dentist's office in a community alive with development activity.
SAN ANTONIO-Developer and owner Barshop & Oles of San Antonio collects its reward for a 98.6%-occupied center. The 108,325-sf retail buy comes with an extra six acres that can support up to 40,000 sf of additional development.
AUSTIN-A Central Texas group, led by Austin's chamber of commerce, is making tracks south to court companies that might be interested in expanding. A week ago, the group trekked to Boston for the same mission.
AUSTIN-With the latest plan, Stratus will be able to construct 830 single-family homes, 900 apartments, 250,000 sf of retail space and one million sf of commercial venues. The city will kick in $15 million in incentives for the downsized project.
AUSTIN-The Austin-based high-tech provider for multi-tenant buildings gains a presence in Atlanta, Chicago, Los Angeles and New York City with the buy-out of Sphera Optical Networks. OnFiber's buy also brings an extra $400,000 per month in revenue.
AUSTIN-The Springfield, MO-based hotelier has dibs on a tract in Kucera Co.'s 110-acre development near the airport. Some 250 to 300 suites in a 19-story design are being planned for a mid-2004 delivery. The hitch is the project's height.