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Austin's Tighter Race for Space

Thursday, January 10, 2019  
Posted by: BOMA Austin

Commercial Property Executive
As one of the fastest-growing metros in the country, Austin draws in technology companies and startups with its favorable tax environment, educated workforce and high quality of life. However, there’s more to Austin's rapid job growth than its booming tech industry, as hospitality, trade and construction are also expanding rapidly. The market added 11,400 office-using jobs year-over-year through August, up 4.3 percent. The most significant growth came from professional and business services (9,900, up 5.6 percent). Information and financial services added a combined 1,500 new jobs

 

 


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