Guadalupe Street 1800
Per: Old tax breaks, new hotel, another state growth spurt | Urbanize Austin
Credit: IluvATX on SSP AUSTIN | Projects & Construction III - Page 333 - SkyscraperPage Forum
Since the Austin metro area is growing faster than each of the twenty-five metro areas that have a larger population, it means that if current trends continue Austin metro will eventually become larger than each of Tri-State, Southland, Chicagoland and Metroplex.
„ Austin has opened bidding for planning services for a proposed $1.6 billion expansion of the city’s downtown convention center, moving forward a long-anticipated civic project that has weathered years of uncertainty.
On May 22, Austin published a request for qualifications, or RFQ, for a firm to work on design, architecture and engineering for a convention center expansion.
In a press release, city leaders highlighted the RFQ’s release as a notable step toward a new convention center and its related effects on Austin’s economy.
“With an inadequate convention center, we lose out to competitors and, consequently miss out on millions of dollars for our Austin community. With a bigger convention center, the economic impact to our city is estimated to jump to over $750 million annually, from the current $468 million. A larger facility also means more travelers to Austin and jobs in the Austin hospitality industry,” Mayor Kirk Watson said in a statement.
According to the city’s convention center department, the $1.6 billion dollar project would result in the current building’s closure from April 2025 through early 2029. However, the department said the convention center would continue to operate during that time in partnership with nearby hotels and the Palmer Events Center south of downtown.“