A 2013 retrospective on downtown Austin stated, “When looking back on how far downtown Austin has come in the last 20 years, many newcomers to Austin would be surprised by the state of downtown in 1993.” Back then, downtown Austin was known as the “see-through city” due to the rampant vacancy, depressed real estate, the lack of downtown residential development, and a host of other challenges. Locals claimed that you could see clear across town through all the empty buildings. Today, the downtown is the centerpiece of a city that doubles its population every 20 years, boasting major corporate headquarters, robust residential growth and a vibrant cultural and business scene epitomized by the SXSW event, which has an annual economic impact of over $100 million. In 2016, Forbes declared Austin “America’s Next Boom Town” after analyzing the 53 largest metro areas in the country to determine which have the best chance of prospering in the next decade.
2 июн 2018
