AUSTIN-San Antonio's Leddy/Nueces-Hill Hospitality has acquired a building site in the midst of three class A buildings, totaling 360,000 sf, in the 28-acre Braker Pointe. An early 2002 groundbreaking is being eyed for a 230-room Hilton Suites.

AUSTIN-An old building is getting a $4.5-million makeover that will dress up the heart of Austin's CBD with 22,500 sf of office and retail space, When the work's done, only the facade will be original, say Colliers Oxford Commercial, which is in charge.

ROUND ROCK, TX-It's been rumored for some time, but now the news is out: Krispy Kreme and Olive Garden will be setting up shop in La Frontera. The two popular eateries have secured adjacent retail pads in Round Rock's 825,000-sf La Frontera Village.

AUSTIN-Data Junction, an Austin-based tech company, has launched a subsidiary in Zug, Switzerland. The privately held firm also will use Zug as a homeport for customers in Austria and Germany.

AUSTIN-A Houston-based telecommunications firm is readying for a move into 16,071 sf along E. Sixth Street in Austin. The signing takes the Duggan Realty-owned structure to full occupancy. The new tenant will use the location for a carrier hotel.

ROUND ROCK, TX-Austin-based DPT Inc. has optioned 104,000 sf at Opus South's Crystal Park, but the follow through hinges on Round Rock issuing a $600 cash incentive for every job created in excess of 200 positions. The firm already has a 190 head count.

BASTROP, TX-Woodbine Development Corp. of Dallas is completing due diligence on a 635-acre tract most likely destined for a $125-million resort in Bastrop County. The project, which is set in a nature preserve, carries an Audubon Society seal.

AUSTIN-State capital building managers today are delivering assurances to tenants that all's well inside their buildings. BOMA Austin says everything possible is being done locally to guarantee safety despite the impossibility of such a feat.