Hot in the City: Shaping Austin’s future

The Weekly Take from CBRE

Austin has been transformed over the past 20 years. A traditional government and college town has become a top tech hub and a model for developing metros. Heritage Title Company of Austin’s Gary Farmer and CBRE’s Bradley Bailey discuss the city’s ambitions, growth prospects and challenges.

Share these highlights from our conversation about Austin:

• Austin's economy has diversified significantly in the past 20 years, particularly with the growth of the tech, life sciences and automotive sectors.
• Infrastructure improvements, such as airport expansions and major roadway projects, are crucial for sustaining growth.
• Investing in social infrastructure to support students, seniors and everyone in between has been a major focus for Austin.
• The city's young, educated workforce is a major draw for companies, contributing to the rapid growth of Austin's tech sector.