Dallas announced it faces a $34 million budget shortfall, leading officials to enact hiring freezes and cutbacks on spending beyond essential needs. Rising public safety costs, health care expenses, and uncertainty over major projects like City Hall renovation are contributing factors.
San Antonio’s office construction has slowed due to high costs outpacing rent growth. Developers now focus on upgrading existing buildings while downtown vacancies rise.
Out-of-state donors including Bruce Toll and Steve Wynn are backing Senator John Cornyn in his Texas senate runoff against Ken Paxton. The high-profile race has attracted national attention and record-breaking campaign spending.
The Texas Real Estate Commission has detailed how real estate professionals can request a digital copy of their license using its online portal. The process is designed for convenience and efficiency.
International Bank of Commerce has filed plans for a $164 million JW Marriott hotel project on East Travis Street in San Antonio. The development comes amid ongoing challenges for local hotels as occupancy rates decline and new supply enters the market.
Scammers are impersonating Texas real estate regulators by spoofing their phone numbers in fake texts and calls. The agencies stress they never communicate by text message or ask for sensitive personal data via unofficial channels.
Zydeco Development has listed its fully leased MetCenter A&B office campus in Southeast Austin for $65 million. The two-building property offers long-term leases with major tenants and advanced infrastructure features.
Austin Mayor Kirk Watson has unveiled an economic development plan aimed at making the city more competitive in attracting business growth. The proposal focuses on targeting key industries and streamlining processes as Austin faces rising office vacancies and budget pressures.
DataBank has obtained a $2 billion loan to start building its Red Oak data center campus near Dallas. The first three facilities are already fully leased and scheduled for completion between January and March of 2027.
Lennar Homes has purchased fifteen sites for new houses at Whitewing Trails in Princeton, Texas. The sale marks progress on Centurion American’s large residential project as demand grows with Princeton’s rapid population increase.