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Downtown Commission Backs Housing Fund, Rejects Height Limits

oneplacenews
Uncategorized
June 17, 2026
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Source: Austin Monitor

Summary

The Downtown Commission has recommended that City Council reject proposed height limits for downtown towers, advocating instead for a new funding system based on future property-tax revenue. This proposal contrasts with the Planning Commission’s earlier suggestion to implement a 700-foot height cap.

Why It Matters

This decision is significant as it could shape the future of urban development in downtown Austin, potentially affecting housing availability and economic growth. By prioritizing a funding system linked to property-tax revenue, the Downtown Commission aims to create more flexible housing solutions to meet the city’s needs.

Read the full article →

oneplacenews

oneplacenews
Uncategorized
June 20, 2026
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Knicks Stars Confront Stephen A. Smith Post-Parade

Knicks stars Jalen Brunson and Josh Hart confronted ESPN’s Stephen A. Smith during a podcast taping, where Smith was unexpectedly booed by fans. This dramatic encounter occurred just after the team’s ticker-tape parade celebrating their first NBA title in 53 years.

oneplacenews
Uncategorized
June 19, 2026
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South Africa to Launch New Company for Property Management

South Africa plans to establish a new state company to manage its extensive property portfolio, inspired by the successful partnership model of Telkom SA SOC Ltd. The initiative aims to attract private investment and enhance the management of the country’s 155-billion-rand real estate assets.