Lake Travis - Westlake Edition | February 2020

LAKE TRAVIS WESTLAKE EDITION

VOLUME 11, ISSUE 2  FEB. 13MARCH 12, 2020

ONLINE AT

Vaping Youth

NICOTINE CARTRIDGE

IT’S A BIG PROBLEM THAT IS GOING TO TAKE A LOT OF DIFFERENT SOLUTIONS. BECAUSE IT’S JUST RAPIDLY ESCALATING, AND BECAUSE IT’S SO EASY TO CONCEAL.

Impacts

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Field of Dreams inBee Cave is getting a new lighting system

ECIGARETTE

LAURIE HIGGINBOTHAM, LAKEWAY MAYOR PRO TEM

Vaping amidst underage students sparks concern Testing and other options being considered to help combat use among youth

News report

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ELECTION GUIDE Primary 2020

BY AMY RAE DADAMO

and mother of three. Shortly after that meeting, Higgin- botham said, Texas set a record by becoming the state with the young- est vaping-related death. A Dallas

County 15-year-old had died due to vaping-related complications Dec. 31, according to the Centers for Disease Control and Prevention. CONTINUED ON 44

It was a move that created a seismic uptick in the vacancy rate of an entire commercial submarket in the Greater Austin area: In 2017, 3M Co. sold its 1.3 million-square-foot center in the Four Points area to real estate investment rmWorld Class Capital Group. It was just one building in the north- west commercial submarket of the Greater Austin area, but on paper that closing created a more than six-point swing in the area’s oce property Restrictions call for strategic development Northwest Austin oce and retail land has hurdles BY BRIAN RASH Lakeway’s newly formed vaping task force held its rst ocial meeting in November. It was led by Laurie Hig- ginbotham, Lakeway mayor pro tem

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VACANCY RATE :NORTHWEST Vacancy rate refers to the percentage of total square footage of commercial retail property that remains available for each year. Oce property vacancy rates in the northwest region jumped signicantly from 2018-19 due to the closing of the 3M facility.

Amount of space not occupied

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15M

10M

Business feature

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5M

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*FORECASTED

SOURCE: COSTAR GROUPCOMMUNITY IMPACT NEWSPAPER

The roughly 1.3 million-square-foot 3M facility in Northwest Austin went vacant following its 2017 sale to a real estate investment rm. (Brian Rash/community impact newspaper)

Dining feature

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communityimpact.com

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