The state of the Austin construction market

According to the New York Times, Austin has become the No. 1 destination for commercial real estate investment, displacing Los Angeles. With tech giants like Tesla, Oracle, Dell, IBM and Samsung all establishing headquarters and large campuses there, the area has become known as “Silicon Hills,” a nod to its location in the Texas Hill Country. The surge in work also helped Austin rank No. 4 out of 49 on a list of the top cities for construction workers. The ranking, published by Industrial…