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- BG Reads Week in Review (for week of May 20, 2024)
BG Reads Week in Review (for week of May 20, 2024)
BG Reads Week in Review (of May 20, 2024)
BG Reads Week in Review
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[WEEKEND NEWS]
City of Austin announces schedule changes for Memorial Day (KXAN)
Several City of Austin departments will be closed or have altered schedules on Monday, May 27, for Memorial Day.
Normal business hours for all city departments will resume Tuesday... (FULL STORY HERE)
Stream's RiverSouth nearly 100% leased in tough office market (Austin Business Journal)
Austin is experiencing a sluggish office leasing environment, but Stream Realty Partners' 15-story RiverSouth office building has been seeing nothing but success and now is just a few thousand square feet shy of being 100% leased.
The 372,000-square-foot RiverSouth, delivered in 2022, secured an anchor tenant late last year when Tokyo Electron signed a roughly 98,000-square-foot lease. That was followed by a 10,850-square-foot lease from The Palisades Group inked in December, which pushed the amount of leased space in the property to an impressive 98%.
Other tenants at RiverSouth include Alert Media, Baker Botts, Under Armor and Goldman Sachs.
RiverSouth, located south of the river on South First Street as its name suggests, was lauded for its cutting edge technology and user functionality when it opened. The building was the first in Texas to receive a platinum rating from SmartScore, awarded by global real estate consulting firm WiredScore… (LINK TO FULL STORY)
Far-right favorite Abraham George elected to lead Texas GOP (Texas Tribune)
Abraham George will be the next chair of the Republican Party of Texas after winning an election at the party’s convention.
The election, which culminated Friday evening, turned into a referendum on outgoing Chair Matt Rinaldi. Under Rinaldi’s reign, the party’s divisions deepened and its fundraising and staffing levels plummeted. As Rinaldi’s chosen successor, George is expected to continue the party’s trajectory, with the far-right using the party institution as a bully pulpit to attack more moderate conservatives.
George, a former Collin County GOP chair who recently ran for the Texas House, defeated party Vice Chair Dana Myers in the second round of voting on the convention floor. Four other candidates failed to advance to the convention floor, including Ben Armenta, a Houston-area businessman; Mike Garcia, former executive director of the Texas House Freedom Caucus; and Travis County GOP Chair Matt Mackowiak. Another, former Real Estate Commissioner Weston Martinez, was the third-place vote-getter on the floor and endorsed Myers after he was eliminated… (LINK TO FULL STORY)
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