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Spokane Valley Washington Form 1041 (Schedule K-1): What You Should Know

Austin Texas Austin Texas 17 Mar 2025 — Austin, TX is now officially a major entertainment hub, thanks in part to its location near the largest population center in the country. For the second year running, the city has topped the list of America's fastest-growing cities on Forbes' list of “America's Best Places to Live.” This week, Austin hosted the first conference of a brand-new economic development agency, Austin City Limits; and last week, the city hosted the unveiling of a massive economic development hub, Station North, in what's dubbed the “City of Tomorrow” region and will serve as the anchor of a massive citywide transit expansion effort. The new hub, which is currently being built across two city blocks and is the largest expansion of its kind in Texas, is to begin operations in late 2017, when it will host events in the city that will include the world's largest indoor soccer stadium and an indoor basketball complex, among others. Meanwhile, station north, a major downtown redevelopment project that stretches across about 7.5 miles between downtown and the Texas Medical Center, is expected to open to the public later this month and will have a 300 million capital construction budget from a mix of public and private sources. For the Austin metro area, the number and type of economic development projects are a sign of how competitive the area is in the modern world. According to the Central Texas Economic Partnership, in addition to all the developments underway, there is a growing demand for more affordable housing, new jobs and more office space as the region continues to grow and develop. Austin has one of the biggest population increases in the state, and the city boasts the nation's sixth fastest population growth rate. Austin was one of five top cities added to the Brookings Institution's annual list of “America's Fast Growing Cities;” the others were Dallas-Fort Worth, Houston, Phoenix and San Antonio. “Today, while some cities might see small but steady job growth or slight declines in unemployment, a majority of cities in the fast-growing 'Culture Belt' (in this case, North Texas and Dallas) had double-digit percent job growth. With Texas' current population of about 1.43 million, the rapid population growth is expected to continue in the next decade, which is good news for the economy, but also good news for Austin's economy,” said Steven H. Jones, director of the Brookings Institution's Urban Institute.

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