From ditches to riches: $175M redevelopment of San Pedro Creek

SAN ANTONIO – A new River Walk-style development along San Pedro Creek is moving closer to reality.

According to Bexar County Judge Nelson Wolff, they hope to break ground this summer and have the first phase done by May 18, 2018.

The goal is to complete the first part of the $175 million project in time so Phase 1 will open as the city celebrates its tercentennial in 2018.

 

Read more at Real Estate Center. 

Austin region population boom not slowing, latest Census data shows

While the Austin region cracked 2 million residents last year, Georgetown was the fastest-growing city in the nation, the U.S. Census Bureau reports. New Braunfels and Pflugerville weren’t far behind in the countrywide ranking.

According to city-level population estimates released Thursday morning, Georgetown, just north of Austin, is the fastest-growing U.S. city with more than 50,000 residents. It grew by 7.8 percent from mid-2014 through mid-2015, adding 4,611 residents and raising its population from 59,105 to 63,716.

San Marcos, which had the fastest growth in the U.S. for the past three years, slipped down the ranking this time. It grew by 2.4 percent from 2014-2015, adding 1,453 residents to increase its population to 60,684.

Read more at Austin Business Journal. 

Mr. Boomtown: Austin needs more roads

Joel Kotkin knows a boomtown when he sees one.