ATX-SCA: Impact 11/11/2025

Stay up to date with the latest North Austin business news—a collection of newly opened, coming soon, relocations and closings.

Now open
Flourish Plant Shop & Wine Bar
The new business presents by the glass and by the bottle menus which rotate through over two dozen whites, reds and sparkling wines. The plant shop side of the business features botanical options for new plant parents and green thumbs alike.

• 5003 Airport Blvd., Austin

• 7001 Burnet Road, No. 1101, Austin

• 9900 W. Parmer Lane, No. 100, Austin

Austin leaders are preparing to trim about $100 million from the city's budget after voters rejected a tax increase that would've provided added funding for services like public safety, homelessness response and parks maintenance.

The details: With the failure of Proposition Q in the Nov. 4 election, City Council members must now adopt a scaled-back version of the fiscal year 2025-26 budget they voted for in August. After the election, Mayor Kirk Watson called for a "coherent, straightforward budget process" focused on the basics and with minimal edits.

The city budget office released its recommendations for the more limited spending plan Nov. 7. City Council will begin deliberating that outline Nov. 13 and could adopt it as soon as Nov. 20.

Wondering what’s behind recent lane changes or detours? Several road and pedestrian projects across the Austin are reshaping local traffic and enhancing safety for all road users.

Upcoming
South Lamar Boulevard mobility program
Update: Construction along roughly 3 miles of South Lamar Boulevard from Barton Springs Road to Hwy. 290 will see mobility improvements, including bike and pedestrian facilities, intermittent medians, intersection improvements and upgraded traffic signals.

• Timeline: construction expected to begin early 2026
• Cost: $60.5 million
• Funding source: 2016 Mobility Bonds

• Timeline: project expected to be completed in 2027
• Cost: $2.5 million
• Funding source: 2020 Mobility Bond and 2022 Safe Streets and Roads For All grant

Gov. Greg Abbott announced his bid for a fourth gubernatorial term Nov. 9, laying out an ambitious six-pronged plan to make “out-of-control property taxes finished in Texas.”

The details: Abbott's goals include eliminating property taxes charged by public school districts, which make up the majority of an average homeowner’s property tax bill. Some conservative groups and lawmakers pushed for an end to school property taxes during recent state legislative sessions.

The governor’s plan to limit local tax increases includes:

• Limiting annual local government spending
• Requiring approval from two-thirds of local voters for all tax hikes
• Allowing local residents to petition for an election to roll back tax rates
• Requiring property appraisals to occur once every five years
• Capping appraisal increases at 3% per year, down from 10% today
• Asking voters to eliminate school property taxes