Rezoning Roundup: 7700 Parmer, Samsung, Dell Children's receive green lightsArticle Highlights Below:Austin City Council considered dozens of rezoning requests at its Dec. 10 meeting — the last of the calendar year — and endorsed a handful that will lead to additional office, residential, commercial and hospital space across the city.7700 ParmerCouncil rezoned 129 acres at the 7700 Parmer business park in North Austin, less than one mile away from Apple’s future $1 billion campus.

I’m reading 25 billion for tenants.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in November:• Single-family home sales increased for a sixth consecutive month, surging 25.6 percent year-over-year with 7,990 units sold;• The Days on Market (DOM) figure for single-family homes dropped from 59 to 46;• Total property sales shot up 28.1 percent with 9,660 units sold;• Total dollar volume jumped 43.9 percent to $3.1 billion;• The single-family average price achieved a record high, rising 15.0 percent to $341,765; • The single-family median price climbed 12.0 percent to $270,000 – the second highest median price of all time; • Single-family homes months of inventory registered a 2.2-months supply, down from 3.6 months last November and below the national inventory of 2.5 months;• Townhome/condominium sales jumped 23.4 percent with the average price up 2.5 percent to $224,130 and the median price up 11.8 percent to $190,000;• Single-family home rentals fell 11.1 percent with the average rent down 5.5 percent to $1,882; • Townhome/condominium leases declined 4.0 percent with the average rent up 11.5 percent to $1,674.

Apple, Amazon, Samsung, Tesla, Google, UT Medicial, all have billion dollar Austin expansions in the works or in progress. 

Ecommerce sales in the United States totaled about $60 billion from Thanksgiving through Cyber Monday, a 22% increase compared to the same period in 2019, according to Salesforce.com.

Northwest Austin’s booming tech corridor is about to grow even more.A 129-acre office campus adjacent to Apple’s $1 billion office campus, currently under construction on West Parmer Lane, plans to add 800,000 square feet of office space, along with 1,800 apartments, 80,000 square feet of retail, and a 340-room hotel.The existing office campus, called 7700 Parmer, is currently occupied by A-list tech tenants such as PayPal, eBay, Electronic Arts, and Polycom.

(Nasdaq: TSLA), Musk's electric vehicle company, is building its $1.1 billion "gigafactory."

Another merit might be you can transfer absurd value amounts (billions) for a couple bucks.  

He said he was almost positive that you DO need a real estate/broker's license to run a property management company of any type, but he was going to consult the books one more time so that he could charge me a billion dollars per hour to find out something really basic.

Intel would have to shudder  15 billion worth of fab plants..