Austin/Central Texas News

2012 Headlines

Williamson County makes national job growth list
Community Impact Newspaper (10/11/12)

An August ranking of Williamson County on CNN Money's "Where the jobs are" list, which identified the top 25 counties in the nation that have had high-job growth rates, was not a surprise… Read More

ULI picks Leffingwell, Austin for fellowship program
Austin Business Journal (10/11/12)

Austin Mayor Lee Leffingwell was one of four mayors recently picked by the Urban Land Institute to participate in a fellowship with the Daniel Rose Center for Public Leadership. He will join… Read More

Austin's Hotel Saint Cecilia named to hipster hotels list
Austin Business Journal (10/11/12)

A hotel off Congress Avenue has been named to Travel + Leisure's "America's Coolest Hipster Hotels" list. Hotel Saint Cecilia, at 112 Academy Drive, is owned by Texan hotelier Liz Lambert. Her… Read More

Austin bucks downward trend in office market report
Austin Business Journal (10/9/12)

Austin is bucking the national trend when it comes to office space absorption, according to data released today by Chicago-based Jones Lang LaSalle Inc. Austin's strong technology sector has led… Read More

Austin near top of U.S. on new economic index
Austin Business Journal (10/8/12)

Austin ranks No. 2 out of the country's 102 largest cities on a new economic index ranking. That's according to the October 2012 version of the On Numbers Economic Index released… Read More

Study: Austin the most 'connected' city
Austin Business Journal (10/8/12)

Austin is the most "connected city" in America, according to a study by Jones Lang LaSalle that ties a city's smart grid use to economic drivers for a healthy commercial real estate market… Read More

47 ways downtown Austin is changing
Austin Business Journal (10/5/12)

For the first time in my 14-year history in this newsroom I can't rattle off from memory all of the major things happening downtown — or even just the big buildings that will spring up in… Read More

UT Austin cracks top 25 in world university ranking
Austin Business Journal (10/5/12)

The University of Texas at Austin jumped into the top 25 in the 2012-13 Times Higher Education World University Rankings. UT, which took the No. 25 spot, jumped up four spots from No. 29… Read More

Austin home prices continue to rise
Austin Business Journal (10/2/12)

Home prices continued to rise in Austin in July and August, according to data released Tuesday by CoreLogic Inc. Including distressed sales — which incorporates foreclosures and… Read More

Austin well-represented among world's most valuable brands
Austin Business Journal (10/2/12)

Interbrand has released its 13th annual report on the Best Global Brands — and a number of them have strong Austin ties. The list is led by The Coca-Cola Co. (NYSE: KO) at $77.8 billion in… Read More

ACL Fest confirms two weekends in 2013
Austin Business Journal (10/2/12)

Next year's Austin City Limits Music Festival is expanding to two weekends after festival organizers announced a finalized deal with the city. The agreement allows festival producer… Read More

Texas State University breaks enrollment record
Austin Business Journal (9/24/12)

Texas State University in San Marcos broke its total enrollment record for the 15th consecutive year. The university enrolled 34,229 students this year, YNN reports. The school is also expanding… Read More

Local economist ups Austin jobs projection
Austin Business Journal (9/17/12)

Local economist Angelos Angelou hasrevised the number of jobs he projects the Austin-area will see by the end of the year, from 19,000 to 25,000. Angelou in part credits the booming technology… Read More

Designs unveiled for South Austin multifamily project
Austin Business Journal (9/13/12)

Urban dwellers searching for a hint of suburban outdoor living may find the Denizen multifamily project the perfect mix of an in-town lifestyle with more neighborhood appeal. At least that's the… Read More

Austin has fastest wage growth in Texas
Austin Business Journal (9/12/12)

Austin has the fastest wage growth in the state and is ranked in the top 10 of the nation's 102 largest cities for its weekly earnings growth rate, according to a new study by On Numbers. In 2007… Read More

Austin leads U.S. metros in job growth since 2007
Austin Business Journal (9/11/12)

The Austin area sustained the highest percentage of job growth — and second-highest number of private sector jobs — since July 2007, according to On Numbers. The metropolitan area had 647,400 job…Read More

Austin has fifth-best employment outlook in nation
Austin Business Journal (9/11/12)

Austin has the fifth-best employment outlook in the United States, according to the latest Manpower Employment Outlook Survey. The local hiring outlook for the fourth quarter is more positive... Read More

Best places in Austin for celebrity sightings
Austin Business Journal (9/10/12)

Four Austin restaurants have "made it" on Urbanspoon's list of 50 U.S. restaurants for celebrity sightings, a list dominated by Los Angeles, New York City, Miami and Chicago. In addition to being... Read More

Austin No. 2 in Economic Index report
Austin Business Journal (9/10/12)

Austin is one of the highest-rated markets in the United States for economic health. Oklahoma City beat the Capital City for the top spot, thanks to strong worker earning… Read More

Nordstrom brings Topshop to Austin
Austin Business Journal (9/10/12)

Nordstrom Inc. is bringing edgy British fashion chain Topshop to Austin. Nordstrom began selling Topshop and its men's brand Topman today at its Barton Creek Square Mall store… Read More

Austin ranks high for construction jobs
Austin Business Journal (8/23/12)

The Austin construction sector is still adding workers, while many marketscontinue to see their construction employment numbers shrink. Austin is one of 123 metros nationally that reported… Read More

Austin a top city for tech startups
Austin Business Journal (8/24/12)

Austin is among the best cities in the United States for technology startups, according to a report by the National Venture Capital Association. The rankings, based on dollars invested last year… Read More

$10M water research project planned at Texas State
Austin Business Journal (8/24/12)

A $10 million plan announced yesterday will help Texas State University in San Marcosgrow its water-related research and teaching programs. The project will allow the university to underwrite… Read More

Report: Austin medical school will have $2B economic impact
Austin Business Journal (8/23/12)

A medical school and teaching hospital could mean nearly 15,000 new jobs and about $2 billion annually in economic activity for the Austin area, according to a report by TXP Inc. A medical school… Read More

Austin-area companies on the Inc. 5000 list
Austin Business Journal (8/23/12)

Nearly 100 Austin-area businesses have been named to Inc. Magazine's 2012 list of the 5,000 fastest-growing private companies in the United States. Local companies making the recently… Read More

Pflugerville makes Money's list of best small cities
Austin Business Journal (8/23/12)

Pflugerville is the lone Central Texas town ranked on Money Magazine's annual list of best small cities in America. The rankings take into account job opportunities, schools, crime rates, health care… Read More

UT ranks No. 35 among world universities
Austin Business Journal (8/22/12)

The University of Texas at Austin has been ranked in the top 40 among top universities in the world, according to a list compiled by the Center for World-Class Universities at Shanghai Jiao Tong… Read More

Williamson among top counties for job growth
Austin Business Journal (8/21/12)

Williamson County has made CNN Money's"Where the jobs are" list. With 73.8 percent job growth between 2000 and 2011, the county comes in at No. 3 out of the 25 counties on the list… Read More

Austin a top city for 20-somethings
Austin Business Journal (8/17/12)

Austin is No. 2 on a list of the top 20 cities for people in their 20s, according to, which picked the cities. A health and fitness source for young adults, Greatlist based its list… Read More

Austin among most-searched U.S. real estate markets
Austin Business Journal (8/16/12)

The Austin area was the 23rd most-searched real estate market in the country last month, based on data released by Median list prices for homes in the area hit $242,500, a 7.82 percent… Read More

Economist forecasts bright future for Austin's downtown
KVUE News (8/15/12)

A leading economist says there is good news for Austin, especially when it comes to growth in downtown. As new construction goes up in downtown Austin, business momentum continues to build… Read More

Two Austin restaurants make Bon Appetit list
Austin Business Journal (8/9/12)

Austin's Elizabeth Street Cafe and Lenoir are among the 50 nominees for the Best New Restaurant, a list compiled by Bon Appetit magazine. The two go head-to-head with new eateries around… Read More

Austin a wonder of the 'Silicon' world
Austin Business Journal (8/8/12)

San Jose, Calif.'s Silicon Valley may be the original but Austin and five other "Silicon" enclaves are popping up around the globeand nipping at its heels, Upstart Business Journal reports… Read More

Austin home prices continue to escalate
Austin Business Journal (8/7/12)

Home prices continue to inch up in Austin, according to a report released today byCoreLogic Inc. Even counting distressed sales, Austin home prices rose 6.9 percent in June compared to… Read More

Austin No. 31 best U.S. city for global trade
Austin Business Journal (8/7/12)

Global Trade magazine ranked Austin asNo. 31 on its "Top 50 Cities for Global Trade" list.The rankings are based on export volume, with the Austin area showing $8.9 billion… Read More

Nonprofit hits Austin food truck scene
Austin Business Journal (8/2/12)

Austin food truck lovers now have the opportunity to give back when they pick up breakfast or lunch. Austin Can Academy, a nonprofit charter high school, has parked itself in the downtown… Read More

UT Bass Concert Hall No. 18 on global venues list
Austin Business Journal (7/31/2012)

Austin's Bass Concert Hall has been ranked No. 18 on the Top 100 Worldwide Theatre Venues list compiled by Pollstar... Read More

Austin startup creates eco-friendly road material
Austin Business Journal (7/30/2012)

Terra Pave International Inc., an Austin startup backed by the University of Texas, has created an environment-friendly material to replace common paving material... Read More

Austin nonprofit secures federal funds for affordable housing
Austin Business Journal (7/30/2012)

Austin nonprofit Foundation Communities has received $11 million in federal tax credits to build an affordable housing project at 11th and Trinity streets... Read More

Round Rock approves zoning for In-N-Out Burger
Austin Business Journal (7/26/2012)

The Round Rock City Council has approved zoning changes that will allow In-N-Out Burger to build a drive-thru restaurant near the outlet mall... Read More

Steiner Ranch Steakhouse makes scenic restaurants list
Austin Business Journal (7/25/2012)

One Austin restaurant made its way onto OpenTable's 2012 Scenic View Dining Top 100 Restaurants list... Read More

15 businesses keeping Austin weird
Austin Business Journal (7/23/2012)

Many of the Austin businesses best known for keeping it weird — such as Amy's Ice Creams, Chuy's and ThunderCloud Subs — share a basic business tenet... Read More

Austin ranked best for...everything and everyone
Austin Business Journal (7/20/2012)

Not a week goes by without Austin showing up high on a best-cities list... Read More

H&M to open first Austin store
Austin Business Journal (7/20/2012)

Global fashion retailer H&M is coming to Austin... Read More

Indoor skydiving center coming to Austin
Austin Business Journal (7/19/2012)

Austin is getting Texas' first indoor skydiving facility scheduled to open in early 2013... Read More

Developer bringing $5M mixed-use project to E. Austin
Austin Business Journal (7/18/2012)

Chestnut Neighborhood Revitalization Corp. is bringing $5 million worth of affordable housing and shops to East Austin... Read More

Report: More people are moving to Austin
Austin Business Journal (7/17/2012)

More people will pack up and relocate to the Capital City this year, according to a report by The Fiscal Times... Read More

Austin sees strongest major market business gain
Austin Business Journal (7/17/2012)

Austin posted the strongest gain of private-sector business activity by any major market between 2009 and 2010... Read More

Austin Film Studios gets grant to fund expansion
Austin Business Journal (7/12/2012)

Austin Film Studios has received a $75,000 Our Town grant from the National Endowment for the Arts that it will use to support the expansion of Austin Studios... Read More

Austin No. 8 city where paycheck stretches furthest
Austin Business Journal (7/10/2012)

Forbes has ranked Austin No. 8 on a list of cities where a paycheck stretches the furthest... Read More

Local stops on best pop-culture hot spots list
Austin Business Journal (7/10/2012)

Pop Candy, a special publication for USA Today, has named its top 10 reasons to visit Austin... Read More

UT Austin ranked among world's top universities
Austin Business Journal (7/6/2012)

The University of Texas at Austin has been ranked No. 30 among the top 100 universities in the world... Read More

Austin moves up on largest U.S. cities list
Austin Business Journal (7/2/2012)

Austin has moved up one spot of a list of the largest cities in the United States, replacing San Francisco at No. 13... Read More

Austin ranks as one of nation's fastest growing cities
Austin Business Journal (6/29/2012)

New census data show that the Round Rock and Austin are two of the fastest-growing cities in the nation... Read More

Round Rock gets first Central Texas In-N-Out Burger
Austin Business Journal (6/28/2012)

Popular California-based In-N-Out Burger is coming to Round Rock — its first restaurant in Central Texas... Read More

Austin a top market for long-term job growth
Austin Business Journal (6/27/2012)

Austin is one of three markets defying the odds at a time when most metropolitan areas are struggling to sustain economic momentum... Read More

Austin makes 'Best Burger Cities' list
Austin Business Journal (6/27/2012)

Austin, a tech town known for its live music, food trailers and hipster culture, has been named to a list that ranks the best cities to grab a burger... Read More

Austin makes 'greenest cities' list
Austin Business Journal (6/25/2012)

Austin is in a six-way tie with Dallas, Fort Worth, Nashville, Tucson and Washington, D.C. for the No. 17 spot on a list that ranks the "greenest cities" in the United States... Read More

Austin No. 1 in U.S. for newest housing stock
Austin Business Journal (6/20/2012)

Austin is No. 1 for having the newest housing stock in the nation... Read More

Plan could urbanize Burnet Road in N. Austin
Austin Business Journal (6/12/2012)

The city of Austin has formed a plan that would bring a more urban feel to the Burnet Road area in North Austin by luring new retail businesses and adding a bike and pedestrian trail... Read More

Sluggish economy doesn't slow Austin entrepreneurs
Austin Business Journal (6/4/2012)

Entrepreneur levels are holding strong in Austin, across the state and at the University of Texas despite a sluggish U.S. economy... Read More

Big projects to change downtown Austin outline
Austin Business Journal (6/4/2012)

Two huge commercial development projects slated for downtown will have a vertical impact on the Austin skyline... Read More

Austin No. 5 strongest economy
Austin Business Journal (5/31/2012)

Austin has the fifth-strongest economy in the United States, according to a study released Thursday... Read More

Austin-area high schools on Newsweek's top 1,000 list
Austin Business Journal (5/30/2012)

Newsweek magazine has ranked what it says are the best 1,000 high schools in the United States and 10 Austin-area schools made the list... Read More

Austin jobless rate drops again
Austin Business Journal (5/18/2012)

The Austin-area unemployment rate dropped in April to 5.5 percent, the lowest the regional unemployment rate has been in more than three years... Read More

Austin No. 18 for share of federal government jobs
Austin Business Journal (5/16/2012)

The Austin market relies on the government sector for more than 20 percent of its nonfarm jobs, a report shows... Read More

Austin the No. 2 best city to find work
Austin Business Journal (5/11/2012)

Austin is one of the best U.S. cities to find work, according to Adecco Staffing U.S., reports... Read More

Texas No. 2 most business-friendly state
Austin Business Journal (5/9/2012)

Small businesses have ranked Austin and the state of Texas as two of the most business-friendly areas in the nation... Read More

Forbes ranks Austin No. 1 best big city for jobs
Austin Business Journal (5/8/2012)

Forbes has ranked the Austin metropolitan statistical area No. 1 on its list of the best... Read More

Austin has three Fortune 500 companies
Austin Business Journal (5/7/2012)

Three Austin area companies have been listed on the 2012 Fortune 500. Fortune on Monday released its annual list of the country's largest 500 publicly traded... Read More

How brainy are Austin's young adults?
Austin Business Journal (5/7/2012)

More than 28 percent of 18-to-34-year-olds in the Austin market hold bachelor's degrees, according to the latest U.S. Census Bureau figures... Read More

Texas No. 1 for private sector job growth over past decade
Austin Business Journal (5/3/2012)

Texas led the nation in the creation of private sector jobs in the past decade, The Business Journals' On Numbers reports... Read More

Luxury complex to break ground in NW Austin
Austin Business Journal (4/27/12)

Another luxury apartment complex is set to break ground in June in Northwest Austin... Read More

Foreclosure activity drops 51 percent
KUT (4/26/2012)

A report out this morning shows Austin is defying the national trend when it comes to home foreclosures... Read More

Austin makes gains in leisure and hospitality jobs
Austin Business Journal (4/25/2012)

Nearly half of the nation's 100 biggest metropolitan areas had more leisure and hospitality jobs in February 2012 than during the same month four years earlier... Read More

Study: Texas a top state for entrepreneurs
Austin Business Journal (4/23/2012)

Texas is ranked No. 2 for having the best tax turf for entrepreneurs, reports... Read More

Austin financial-activity jobs hold steady
Austin Business Journal (4/24/2012)

As 12 major metropolitan areas across the U.S. lost financial-activity jobs between February 2008 and February 2012, Austin held steady... Read More

In Austin, Texas, forget the music — cue the food!
Miami Herald (4/15/2012)

When Austin is in the spotlight, it's usually because the thumping Austin City Limits Festival has set up shop in Zilker Park or the talent-heavy... Read More

Austin is best U.S. city for small businesses
Austin Business Journal (4/13/2012)

The U.S. market that provides the best opportunities for small businesses to grow and prosper is Austin, which also finished first in On Numbers' rankings... Read More

Austin no. 2 city to buy a home right now
Forbes (4/12/2012)

Buying a home is not a decision to be taken lightly. Personal finance gurus warn against purchasing unless you plan to keep it for a minimum of five years... Read More

Austin unemployment drops to 6.1 percent
Austin Business Journal (3/30/2012)

The unemployment rate for the Austin area dropped in February to 6.1 percent, down from 6.5 percent the month before, Workforce Solutions Capital Area... Read More

Audit ranks AISD among top performing districts in nation
Community Impact Newspaper (4/2/2012)

The Broad Foundation has endorsed Austin Independent School District as one of the highest-performing school districts in the country based on... Read More

Austin unemployment drops to 6.1 percent
Austin Business Journal (3/30/2012)

The unemployment rate for the Austin area dropped in February to 6.1 percent, down from 6.5 percent the month before, Workforce Solutions Capital Area... Read More

Austin housing market on upswing, industry expert says
Austin American-Statesman (3/29/2012)

Thanks in part to healthy job growth, the Austin area's housing market is on the upswing, an industry expert said Wednesday. The optimistic local forecast... Read More

How America's wimpy recovery has shaped Austin, Texas
Timel (3/28/2012)

In this week's cover story, Rana Foroohar and Bill Saporito write that "a lot of the investor money that flew from the emerging markets over the... Read More

Report: Austin a top relocation city
Austin Business Journal (3/26/2012)

Austin is the No. 6 U.S. destination city to relocate, a report from U-Haul International Inc. shows. The report, titled "The 2011 Top 50 U.S. Destination Cities," ranks... Read More finds top cities for wedded bliss (3/20/2012)

Austin is the perfect home to inspire creative couples. A thriving art scene is a great way to experience unique date nights and meet other couples... Read More

Austin No. 2 for tech startup jobs
Austin Business Journal (3/2/2012)

The No. 2 hotspot in the United States for technology startups is Austin, according to a list compiled by Read More

Austin a top city for electric cars
Austin Business Journal (3/1/2012)

Austin is one of four cities recognized as an electric vehicle community by the Electric Drive Transportation Association. The Capital City was selected because... Read More

Housing market begins to favor sellers
Community Impact Newspaper (2/29/2012)

Low inventory buoys housing prices as experts see uptick in demand. As the housing market around the nation continues its slow mend, demand for residential real estate... Read More

Austin named no. 5 barbeque city in the nation
Austin Business Journal (3/1/2012)

A new list has placed Austin among the top in United States in barbecue rankings... Read More

Mueller set for quantum leap in growth this year
Austin American-Statesman (2/25/2012)

With its remake into a master-planned New Urbanist development about one-third complete, the Mueller community northeast of downtown is poised to take a quantum leap... Read More

Forecast: Austin job growth revs up in '12
Austin Business Journal (2/23/2012)

Economist Angelos Angelou shared "fantastic news" about a "continued recovery" for Austin with more than 800 professionals who attended his annual economic forecast event at... Read More

Four Seasons Hotel Austin named a top hotel
Austin Business Journal (2/21/2012)

The Four Seasons Hotel Austin has been ranked among the top hotels in the nation by U.S. News & World Report... Read More

Ask an Agent: Is flipping a home worth it in Austin?
Austin American-Statesman (2/11/2012)

Five years ago, TV shows made flipping houses seem like fun. Those shows are still on and, from time to time, show up in Austin. Can flipping houses still work in our current economy... Read More

4 Austin communities among top master-planned in U.S.
Austin Business Journal (2/7/2012)

Four Austin-area master-planned communities have been ranked on John Burns Real Estate Consulting's list of 50 Top-Selling U.S. Master Planned Communities for 2011... Read More

Austin No. 3 for most jobs gained since recession
Austin Business Journal (2/7/2012)

Austin is among 13 of the nation's 100 biggest labor markets to have regained all of the jobs that were lost during the recession... Read More

Austin employees in love with their jobs, survey says
Austin Business Journal (2/8/2012)

A recent survey shows that Austin employees are more satisfied with their jobs than... Read More

Austin featured in BBC Travel article
BBC Travel (2/8/2012)

Austin is a unique city, with hilly, green terrain and academic, creative and high tech sectors that make the Texas capital one of the most desirable places to live... Read More

SXSW Accelerator Invites Six Austin Startups to Compete
Austin Business Journal (1/31/2012)

The fourth annual SXSW Accelerator brought to you by Microsoft Bizspark is going down on March 12-14… Six Austin gems will be fighting for glory this year... Read More

EPA: Austin No. 8 for Green Power
Austin Business Journal (2/3/2012)

Austin is the eighth-largest green power purchaser overall among 50 organizations ranked by the U.S. Environmental Protection Agency's Green Power Partnership... Read More

Round Rock Ranked the 11th Safest U.S. City
Austin Business Journal (1/17/2012)

The city of Round Rock has been ranked one of the safest cities in the nation... Read More

Austin annual paychecks average $46k
Austin Business Journal (1/23/2012)

Austin is ranks 71st among 406 U.S. metropolitan areas for average annual salaries... Read More

Perryman: Austin economy will remain strong
Austin Business Journal (1/25/2012)

The Austin metropolitan area will remain one of the strongest performing areas in the nation in the coming years... Read More

Population of Austin area reaches 1.8 million
Austin Business Journal (1/18/2012)

Austin is ranked No. 34 on a list of most-populated metropolitan areas in the nation. As of Jan. 15, Austin had an estimated population of 1.8 million residents... Read More

Austin ranked ninth-fittest large city in U.S.
Austin Business Journal (1/10/2012)

Austin is the proud holder of another title touting residents' health. According to MapMyFitness Inc. Austin is the ninth-fittest city in the country... Read More

Austin is Home to New Solar Panel Technology
Time Magazine (1/16/2012)

Many Austin residents are proud of the various green programs city leaders have invested in. HelioVolt is a local company founded by a native Texan that is turning a page in the solar energy industry... Read More

Austin among 10 cities 'poised for greatness' in 2012
Austin Business Journal (1/11/2012)

It's not every day that a city makes a top 10 list…or is it? Austin is one of a small faction of cities to be collecting sought-after titles. This article details why Austin is "poised for greatness in 2012... Read More

Austin No. 8 city for foreign real estate investors
Austin Buisness Journal (1/4/2012)

Austin's value to foreign investors has increased since last year, according to a survey released by the Association of Foreign Investors in Real Estate. They are interested in a variety of properties including multifamily complexes... Read More

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