Austin Business News - Local Austin News | Austin Business Journal

Google seeking subtenant for upper floors in downtown Austin's Sail Tower, sources say

Cody Baird — Wed, 14 May 2025 19:34:59 +0000

The tech titan is seeking a subtenant for the upper floors in downtown Austin's Sail Tower, where it finally has plans to move into later this year after first signing its lease in 2019. Included with this report is ABJ's latest ranking of office space brokers who represent tenants.

M&A Wrap: High Basin Brands, Data.world and SolarWinds close deals

Wed, 14 May 2025 19:24:16 +0000

In our latest roundup of mergers and acquisitions in the Austin area, we detail new deals for two defense tech companies, a cybersecurity company and a growing spirits brand. The story includes links to more in-depth coverage, as well as several other acquisitions.

Parish to close this year; popular bar and music venue needs new home

Chad Swiatecki — Wed, 14 May 2025 18:53:13 +0000

Heard Presents, the independent live music company behind downtown Austin venues Empire Control Room & Garage and Parish, will wind down operations at Parish by year’s end. Executives explain their needs in this article.

Plan for golden tower on West Sixth Street moves forward

Sean Hemmersmeier — Wed, 14 May 2025 18:42:20 +0000

This grand proposal by the developer of Austin's two tallest towers continues to work its way through the permitting process. At the end of this report, check out a list of 17 new condo developments in Austin last year.

Mustang Ridge development with surf lake appears to be moving forward years after project was announced

Justin Sayers — Wed, 14 May 2025 13:13:40 +0000

Much is unclear about the billion-dollar Pura Vida development in Mustang Ridge, a small city of about 1,000 people about 20 miles southeast of Austin. Planners remain mum. But a trail of public documents provides many details.

Austin could expand its downtown planning efforts

Sean Hemmersmeier — Wed, 14 May 2025 12:57:40 +0000

The new area could be referred to as the Center City or Central District. This report explains what city leaders and planners may do. At the end of this report, check out a list of Austin-area business and networking groups to know.

How DAA is vowing to keep Austin, Austin (video)

Downtown Austin Alliance — Wed, 14 May 2025 05:00:00 +0000

In this Executive Insights interview, Austin Business Journal Market President and Publisher Abby Mellott meets with Downtown Austin Alliance CEO Davon Barbour. Barbour discusses DAA’s role in supporting the community by keeping Austin clean, safe and primed for success.

The AI embedded future: Converging AI with emerging tech and tools

Deloitte — Tue, 13 May 2025 20:51:02 +0000

As AI increasingly becomes embedded in the core of business operations, its convergence with other emerging technologies is creating transformative possibilities for companies across Central Texas and beyond. Deloitte’s Central Texas Managing Principal Alison Walgren recently sat down with Chief Futurist Mike Bechtel to discuss how this technological convergence is reshaping industries and creating new pathways for innovation. Walgren: Mike, I'm thrilled to have this conversation about AI convergence,…

Atlanta-based Peachtree Group establishes Austin office

Cody Baird — Tue, 13 May 2025 19:49:38 +0000

It marks Peachtree Group's first office outside of its Atlanta headquarters. The lease comes at a time when Austin is experiencing elevated office vacancy rates, although increasing numbers of potential tenants have been circling the market.

Austin startup Data.world bought by California company ServiceNow

Bob Sechler — Tue, 13 May 2025 19:35:28 +0000

Data.world was the brainchild of serial Austin entrepreneur Brett Hurt, who also had a big hand in starting and shepherding BazaarVoice to a big exit for investors. Included in this report is the ABJ's exclusive list of venture capital and private equity firms in the metro.