ICYMI: Oracle doubles San Antonio office space
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 week's edition of Weekly Wrap: Oracle announces Austin exodus as it doubles its space here; spring home sales are surging; a move by New Braunfels Utilities has stalled a downtown project; and more news of the week.
Oracle doubles office footprint while planning Austin exit
Oracle, a global tech company, has doubled the amount of office space it leases in San Antonio.
The company recently announced it would exiting its current base in Austin and moving its headquarters elsewhere.
Find out about Oracle's plans for the Alamo City in commercial real estate reporter James McCandless' recent article, here .
Spring buying season surge
A sluggish housing market that cratered in January is seeing a significant increase in sales ahead of spring buying season, according to residential real estate reporter Ramzi Abou Ghalioum's recent story, here . Read the article to find out what that means for buyers and sellers in the San Antonio area.
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New Braunfels Utilities pulls the plug on downtown plan
To the disappointment of developers hoping to move forward on a project in downtown New Braunfels, the city's local utility has in effect pulled the plug on those plans – at least for now. Senior reporter W. Scott Bailey's recent article, here , explains what thwarted the long-planned development and what comes next.
Women-led tech cos. targeted for millions in funding
A venture capital fund with ties to San Antonio has raised over $13 million for women-led tech startups. Women-led startups have historically lagged behind in attainment of venture capital funds compared to those led by their male counterparts, but this fund it designed to counter that imbalance. Read more in tech and inno reporter Zoe Gottlieb's recent story, here .
Fatburger open brick-and-mortar
The first local Fatburger and Buffalo's Express brick-and-mortar store in San Antonio is now open, bringing the brands' signature selections of burgers and chicken to the Alamo City. It's part of a larger plan from FAT Brands. Learn more in retail and restaurant reporter Jalen Lopez's story, here .
Weekend wind-down
Fiesta is a wrap, but that doesn't mean the music stops for San Antonio. There are plenty of entertainment options across the city, and downtown is heating up as summer approaches.
In a recent exploration of downtown vitality, the Business Journal found out the active nightlife and after-hours activity in the Alamo City is driving post-pandemic recovery in the center city – even more so than return-to-office activities.
Coming up May 18, the Whiskey Riot event will bring more than 200 spirits – with a focus on whiskeys and bourbons – to town.
And, that's a wrap!
Looking for more news of the week? Check out our website, here .