Increased Traffic Expected on I-35 for Red River Rivalry
News Summary The upcoming Red River Rivalry between Oklahoma and Texas at the Cotton Bowl is expected to cause significant traffic congestion on I-35. With a kickoff scheduled for 2:30 p.m. on October 11th, fans are advised to prepare for delays due to heavy attendance and ongoing road construction along the route. Alternatives like Amtrak’s […]
Austin City Approves Significant Funding for Affordable Housing Developments
News Summary The City of Austin has allocated over $46.1 million for eight new affordable housing developments aimed at supporting low- and moderate-income residents. This funding was approved by the Austin Housing Finance Corporation Board during several meetings in 2025. Although the budget is about $4 million lower than last year’s allocation, it will assist […]
OpenAI and Oracle Launch Stargate AI Infrastructure Program
News Summary OpenAI and Oracle have unveiled the $500 billion Stargate AI Infrastructure Program in Abilene, Texas. This initiative aims to enhance AI computing capacity through robust cloud infrastructure, supporting growing technology demands. The project is expected to generate over 6,000 construction jobs and bolster economic growth in the region while addressing pressing sustainability and […]
PPR Capital Management Completes Mixed-Income Housing Development in Austin
News Summary PPR Capital Management has announced the completion of The Residences at Rubi, a new mixed-income apartment community in Austin, Texas. The 101-unit property, which represents a $21.7 million investment, includes a 50/50 split between market-rate and affordable housing units. The project, which benefits from Texas’s property tax abatement program, enhances housing affordability in […]
Tyler City Council Approves Sewer Expansion for Economic Growth
News Summary The Tyler City Council has authorized a nearly $1 million sewer expansion project aimed at boosting the city’s economic development. The project, which will extend sanitary sewage services to the Wisenbaker Tract, is expected to lead to the creation of a new business park, generating job opportunities and enhancing the local tax base. […]
Lubbock City Council Deliberates on Impact Fees for Development
News Summary The Lubbock City Council is grappling with the implications of proposed impact fees on local development. A recent public hearing highlighted concerns about how these fees could stifle growth and complicate the development process, especially for small businesses. While impact fees have generated significant revenue for infrastructure, rising costs of road construction prompt […]
Texas Expands Environmental Review Agreement to Speed Up Highway Construction
News Summary Texas has reached a new agreement with the U.S. Federal Highway Administration to streamline environmental reviews for highway construction projects. This extension of the National Environmental Policy Act (NEPA) program aims to accelerate essential road upgrades across the state. With a commitment to modernize infrastructure under the ‘America is Building Again’ agenda, Texas […]