Category: Bullets & Bugles

Houston among to 5 real estate markets to watch, report says

October 24, 2012

Houston is one of the top real estate markets to watch nationwide, a new report says. The Urban Land Institute and PwC US on Oct. 17 released the Emerging Trends in Real Estate 2013 report. In terms of real estate investment prospect, Houston jumped from the No. 8 place last year to No. 5 this […]

San Antonio area unemployment hits 6 percent in September

October 23, 2012

The unemployment rate in the San Antonio-New Braunfels metropolitan area dropped to 6 percent in September, down from 6.7 percent in August. Employers in the metro area gained 2,500 non-farm jobs over the past month and 23,700 over the past 12 months, according to the latest labor market report by Workforce Solutions Alamo. “This is […]

Nexolon looking at San Antonio …

October 18, 2012

Nexolon, a Korean maker of solar-panel parts, is in advanced talks to build a manufacturing plant at Brooks City-Base, even as it vets a second location, according to people familiar with the negotiations. The company is part of the consortium that won a landmark contract earlier this year to supply city-owned CPS Energy with 400 megawatts […]

San Antonio – Home to a new $350 million children’s hospital

The University of Texas System Board of Regents voted on Friday to authorize the University of Texas Health Science Center at San Antonio to execute an agreement with Nashville-based Vanguard Health Systems to develop a free-standing children’s hospital in the Alamo City. The proposed $350 million, 250-bed facility, funded by Vanguard, will anchor a network […]

San Antonio moves up in Brookings survey…

October 17, 2012

San Antonio’s economic recovery continued through the second quarter while much of the nation struggled, boosting the city’s ranking to 26th among the 100 largest cities evaluated by the Brookings Institution. The think tank’s Metro Monitor report said housing price increases in the second quarter and strong growth in the mining sector, which includes oil […]

San Antonio Terminal A primed for upgrades

October 4, 2012

A $35.6 million, phased renovation project is set to begin on Terminal A in the middle of October and be completed in April 2014. Over that time, the 378,000-square-foot terminal will get new flooring, furnishings, wall covers and lighting, and its 12 public restrooms will be redone. Plans call for six escalators to be replaced and […]

Take a peek at San Antonio’s High Growth Employment Sector

October 1, 2012

San Antonio’s economy remains one of the healthiest in Texas and the nation. And that’s thanks in large part to the region’s booming biomedical sector. In looking at occupational data released by the Texas Workforce Commission and theU.S. Bureau of Labor Statistics, six out of 10 of the projected high-growth professions in Bexar County between now […]

Houston based firm closes deal for 100 Acres in NE San Antonio

September 27, 2012

“San Antonio is one of the better markets to be in, in Texas,” Ross said. “This particular submarket is very underserved with finished lots. There’s strong demand from the builders, and they want new product.” The first phase of the development is expected to be completed in nine months and will include roughly 140 residential lots, […]

San Antonio-based Abraxas well in West Texas is gushing oil and gas

The well, drilled horizontally to 9,850 feet, is currently producing 828 barrels of oil per day and 734,000 cubic feet of natural gas, according to the company. “We are extremely encouraged with these well results as they validate our aggressive capital program to develop new oil reserves and production,” Abraxas CEO Bob Watson says. “In […]

Unemployment dips in San Antonio…

September 24, 2012

The San Antonio area employment outlook brightened in August as 4,300 jobs were created and unemployment fell to its lowest level in more than three years, the Federal Reserve Bank of Dallas said. The Fed’s seasonally adjusted unemployment rate in San Antonio for August was 6.5 percent, down from 6.8 percent a month earlier and the […]

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