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THE TEXAS BRIEF
Texas opens the week with momentum concentrated in infrastructure-heavy investment, real estate repositioning, and expansion decisions tied to long-term population and demand growth. This edition’s business moves highlight how capital is flowing into advanced manufacturing, aviation, utilities, and mixed-use development as both public and private actors commit to scale. Together, these moves offer a clear read on where Texas operators are placing bets heading into the new year.
TEXAS BUSINESS MOVES
Healthcare
Novartis is evaluating North Texas for a new U.S. manufacturing facility, with local governments considering multi-million-dollar incentive packages as part of a nationwide expansion. (Link)
Aviation
Southwest Airlines will establish a new crew base backed by $19.5M in state and local incentives, tied to airport expansion and long-term operational growth. (Link)
Technology
AMD CEO Lisa Su was named among Time’s 2025 People of the Year, highlighting Texas-linked leadership at the center of AI and semiconductor development. (Link)
Real Estate
Construction began on Phase I of the $750M Haggard Farm project, activating commercial components on one of the region’s largest undeveloped properties. (Link)
Lone Cypress Realty acquired The Spectrum office property, signaling renewed confidence in transit-oriented suburban office assets ahead of 2026. (Link)
A prominent Austin brewery site was rezoned to allow future residential redevelopment, expanding optionality for high-demand urban parcels. (Link)
Sports
San Antonio officials approved the first phase of a $1B downtown redevelopment tied to a professional baseball stadium, advancing residential and hospitality components. (Link)
Utilities
H2O America agreed to acquire Texas Water Co. for $540M, with plans to invest $500M+ in Texas utility infrastructure over the next five years. (Link)
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OPEN JOBS IN TEXAS
SpaceX (Starbase & Texas-wide) → Open Roles
Cloudflare (Texas & Remote) → Open Roles
Media.Monks (Austin) → Senior Project Manager - SAP
Hitachi Vantara (Dallas) → Technical Change Mgmt. Analyst
EquipmentShare (Houston) → Regional Manager - Onsite Services