Greater Austin

Realtor.com®: U.S. Housing Supply Short 7.2 Million Homes

Retrieved on: 
Tuesday, February 27, 2024

SANTA CLARA, Calif., Feb. 27, 2024 /PRNewswire/ -- While the number of homes for sale has been recovering from pandemic-era lows thanks to a surge of new construction, a new Realtor.com® analysis found that the market is still missing up to 7.2 million homes, the result of more than a decade of underbuilding relative to population growth.

Key Points: 
  • "The U.S. is in a long-term housing shortage with the construction of new homes failing to keep pace with a growing population.
  • Household formation outpaces single-family home construction, despite uptick
    In 2023, an additional 1.7 million households formed, resulting in a total of 17.2 million new households between 2012 and 2023.
  • Homebuilders started construction on 947,200 single-family homes and 472,700 multi-family homes in 2023, bringing the 2012 to 2023 overall housing starts total to 14.7 million homes, roughly 10 million of which were single-family.
  • As household formations outpaced housing starts in 2023, the overall gap between household formations and total housing starts, including single- and multi-family homes, widened from 2.3 million housing units between 2012 and 2022 to 2.5 million units at the end of 2023.

Austin FC and Q2 Announce the 2023 “Q-mmunity Gives” Grant Recipients; $150,000 Awarded to Local Nonprofits

Retrieved on: 
Monday, December 4, 2023

Austin FC and Q2 Holdings Inc. today announced the three recipients of the 2023 Q-mmunity Gives grant program.

Key Points: 
  • Austin FC and Q2 Holdings Inc. today announced the three recipients of the 2023 Q-mmunity Gives grant program.
  • Local nonprofit organizations CareBOX Program, Health Alliance for Austin Musicians (HAAM) and Seedling Foundation will each receive a $50,000 grant to focus on advancing underrepresented communities in Central Texas.
  • “Austin is home to a thriving nonprofit community,” said Austin FC President Andy Loughnane.
  • The Q-mmunity Gives grant program, funded and presented by Austin FC and Q2, will continue to award Q-mmunity Gives grants annually.

Bay Area Best Region for Working Households; Fresno Worst, Says Ludwig Institute

Retrieved on: 
Monday, November 27, 2023

WASHINGTON, Nov. 27, 2023 /PRNewswire/ -- The high cost of living is more-than offset by high wages in the San Jose and San Francisco markets, making the Bay Area the best performing region for middle- and working-class households in the country's 50 largest Metropolitan Statistical Areas (MSAs). Meanwhile, a net loss in real wages and the skyrocketing price of housing pushed Fresno, Calif., to the bottom of the list, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Meanwhile, a net loss in real wages and the skyrocketing price of housing pushed Fresno, Calif., to the bottom of the list, according to an analysis by the Ludwig Institute for Shared Economic Prosperity (LISEP).
  • "The United States is not a single economy — it's an amalgamation of hundreds, even thousands, of regional economies," said LISEP Chairman Gene Ludwig.
  • "Understanding the dynamics of those economies and how they impact low- and moderate-income populations  is critical to responsible policymaking.
  • "Our challenge here is in identifying what's working well and replicating it; what's not, and scrapping it.

Family Care Center Continues Increasing Mental Health Care Options with New Central Austin Clinic

Retrieved on: 
Friday, October 20, 2023

AUSTIN, Texas, Oct. 19, 2023 /PRNewswire/ -- Family Care Center, one of the nation's leading outpatient mental health care providers, is continuing its support of Travis County residents with the opening of its newest Central Austin location, increasing access to integrated mental health services within the metro area.

Key Points: 
  • AUSTIN, Texas, Oct. 19, 2023 /PRNewswire/ -- Family Care Center, one of the nation's leading outpatient mental health care providers, is continuing its support of Travis County residents with the opening of its newest Central Austin location, increasing access to integrated mental health services within the metro area.
  • Family Care Center is continuing its support of Travis County with the opening of its newest Central Austin location.
  • The clinics serve the Family Care Center goal of providing high-quality, community-based mental health care throughout Greater Austin.
  • "With the opening of the Central Austin clinic, we are better able to serve urban Austin residents," said Dr. Tyson Lippe, director of the new Family Care Center clinic.

ZT Systems Unveils Future Cloud Computing Manufacturing Site in Greater Austin, Texas Area

Retrieved on: 
Friday, October 13, 2023

ZT Systems, a global leader in advanced server solutions for cloud computing and artificial intelligence, is proud to announce the acquisition of their future cutting-edge manufacturing site in the Greater Austin, Texas area.

Key Points: 
  • ZT Systems, a global leader in advanced server solutions for cloud computing and artificial intelligence, is proud to announce the acquisition of their future cutting-edge manufacturing site in the Greater Austin, Texas area.
  • Today’s largest data center operators face rapid infrastructure expansion to support dramatically increasing demand for cloud computing and AI-driven applications.
  • View the full release here: https://www.businesswire.com/news/home/20231013823918/en/
    Photo rendering of the future ZT Systems high-tech cloud computing manufacturing site in Georgetown, TX slated to open in 2024.
  • With a focus on sustainability, innovation, and community engagement, ZT Systems continues to drive the evolution of cloud computing and AI server solutions that power the digital future.

Electronic Transaction Consultants and Central Texas Regional Mobility Authority Launch New Toll Service

Retrieved on: 
Wednesday, October 11, 2023

This is the first of six toll road projects that will adopt ETC's toll collection system in the Greater Austin area.

Key Points: 
  • This is the first of six toll road projects that will adopt ETC's toll collection system in the Greater Austin area.
  • TORONTO, Oct. 11, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF), a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, announces that its wholly-owned subsidiary, Electronic Transaction Consultants ("ETC"), has launched its new toll collection system with the Central Texas Regional Mobility Authority ("CTRMA") on State Highway 71 ("SH 71") in Austin, Texas.
  • The 71 Toll Lane on SH 71 is a major traffic corridor connecting drivers to Austin-Bergstrom International Airport, the city of Bastrop, and points beyond.
  • ETC has introduced a state-of-the-art toll collection system to enhance the toll experience along a bustling four-mile segment of SH 71.

TEGNA Appoints Kristie Gonzales President and General Manager at WXIA/WATL in Atlanta

Retrieved on: 
Friday, September 29, 2023

TEGNA Inc. (NYSE: TGNA) today announced that Kristie Gonzales has been named president and general manager at WXIA, TEGNA’s NBC affiliate in Atlanta, and WATL, effective October 23.

Key Points: 
  • TEGNA Inc. (NYSE: TGNA) today announced that Kristie Gonzales has been named president and general manager at WXIA, TEGNA’s NBC affiliate in Atlanta, and WATL, effective October 23.
  • She will continue as vice president, media operations for TEGNA.
  • View the full release here: https://www.businesswire.com/news/home/20230929496354/en/
    Kristie Gonzales will lead station operations at TEGNA's WXIA-TV and WATL-TV in Atlanta.
  • (Photo: Business Wire)
    Since 2016, Gonzales has been president and general manager at KVUE, TEGNA’s ABC affiliate and one of the top stations in Central Texas.

Alithya opens new office in Austin, Texas

Retrieved on: 
Thursday, September 14, 2023

ALPHARETTA, Ga., Sept. 14, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ: ALYA) (TSX: ALYA) ("Alithya" or "Company"), a leader in strategy and digital transformation, is proud to announce the opening of its new office in the vibrant technology hub of Austin, Texas.

Key Points: 
  • ALPHARETTA, Ga., Sept. 14, 2023 /PRNewswire/ - Alithya Group Inc. (NASDAQ: ALYA) (TSX: ALYA) ("Alithya" or "Company"), a leader in strategy and digital transformation, is proud to announce the opening of its new office in the vibrant technology hub of Austin, Texas.
  • An event to mark the occasion was held on September 12, 2023, during which Alithya celebrated the opening of its new office and signaled its commitment to contributing to the city's dynamic growth in a meaningful way.
  • Alithya looks forward to leveraging the city's concentration of educational institutions to welcome graduates in search of exciting new careers.
  • Alithya's own University of Texas alumni look forward to welcoming the next generation of passionate recruits in search of exciting career opportunities."

Turfgrass AI and EV Technology Leader FireFly Automatix Appoints Liz Hocker to Board of Directors

Retrieved on: 
Thursday, September 14, 2023

On the heels of the most successful launch in FireFly Automatix , Inc.’s history – the recent introduction of the fully autonomous M100-AV electric professional mower – the company today appointed former Nasdaq Managing Director of the Southwest United States, Liz Hocker , to its Board of Directors.

Key Points: 
  • On the heels of the most successful launch in FireFly Automatix , Inc.’s history – the recent introduction of the fully autonomous M100-AV electric professional mower – the company today appointed former Nasdaq Managing Director of the Southwest United States, Liz Hocker , to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230914868170/en/
    Liz Hocker Joins FireFly Automatix Board (Photo: Business Wire)
    With more than 25 years’ experience in business consulting, banking, HR, and Capital Markets, Hocker has positively impacted hundreds of companies through the operations and people-oriented initiatives her teams have delivered.
  • “We are very excited to welcome Liz to our Board of Directors,” said FireFly Automatix CEO Andrew Limpert.
  • “FireFly’s sustainable approach to agriculture and environmental maintenance is revolutionizing the industry,” she continued.

HNTB Corporation announces two new division presidents in Central and West regions

Retrieved on: 
Monday, July 24, 2023

Kansas City, Mo.,  July 24, 2023 /PRNewswire-PRWeb/ -- Responding to ongoing growth and a robust U.S. transportation market, HNTB Corporation announced two new division presidents:

Key Points: 
  • As a leading engineering consultant to departments of transportation, transit agencies, airports, tolling authorities and other public- and private-sector owners, HNTB is advancing on a strong growth trajectory.
  • Haywood leads the Central Division, which encompasses offices in nine states.
  • Most recently serving as HNTB's office leader for the firm's central and south Texas offices, Haywood began his career with HNTB in 2015.
  • Watson leads the West Division, which includes California, Nevada, Arizona, New Mexico and Hawaii.