ICYMI: 13,000-acre Talise community in the works near Laredo; Zachry Holdings starts Golden Pass LNG exit, lays off 4,000-plus
San Antonio Business Journal
The San Antonio region's source for local business news & events. Part of the American City Business Journals network.
In this edition of Weekly Wrap: A 13,000-acre development breaks ground on a large project near Laredo; Zachry Holdings has started its exit from the Golden Pass LNG project and is laying off thousands of laborers; and four Alamo Drafthouse Cinema theaters are closing in Texas, along with one in Minnesota. Read about these stories and more, here.
Zachry Holdings exit impacts contract employees
After filing for Chapter 11 bankruptcy, Zachry Holdings has begun its exit from the Golden Pass LNG project it says is responsible for its current financial woes and has announced layoffs impacting more than 4,000 laborers. Read more in reporter James McCandless stories about the exit, here, and the layoffs, here.
Talise to redefine nation's busiest port
A 13,000-acre development is?taking shape outside Laredo?that will deliver thousands of new homes, commercial and industrial space – even an airport. Talise is already underway and will cost just shy of $7 billion, according to current estimates. Find out what this means to the Port of Laredo and the state economy in a story from McCandless and fellow Business Journal reporter Ramzi Abou Ghalioum.
Disney moves Alamo Bowl to broadcast TV
After a three-decade run on cable, the Valero Alamo Bowl is moving to broadcast television for the first time. Disney is shifting the 2024 matchup at the Alamodome to its flagship network —?ABC. Read about the move and how it could impact SA's bowl game in senior reporter W. Scott Bailey's article, here.
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Port Lavaca targeted for Project Falcon
A Tennessee-based company has partnered with one of the largest petrochemical companies in the world to establish Project Falcon, a first-of-its-kind?demonstration plant in Port Lavaca?that will convert plant-based glycerol into a substance used in?plastics, synthetic rubber and acrylic fibers. Read more about it in reporter Zoe Gottlieb's article, here.?
Weekend wind-down
Looking for something uniquely San Antonio to do this weekend? How about a River Walk cruise with Zocca?
In this week's Roundup from reporter Jalen Lopez, he shares all the details on Zocca Cuisine D'Italia's River Walk cruises, Round Table Pizza's grand opening, and Rumble Boxing's free classes for newcomers. Read more, right here.
Looking for more top business headlines? Check out our website, here.