As reported in the Austin Business Journal yesterday, the city plans on breaking ground this year on 107 acres west of the airport to put in the infrastrcure to support light manufacturing. The site should be ready to go by 2015 and an estimated 1,250 jobs should be generated. There are lots of towns that don’t even have that figure for a population!
These folks will have to live somewhere, and that is just another reason that makes the Austin area a great place to own residential rent properties.