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Waterloo Greenway, an urban park system that runs 1.5 miles along Waller Creek from 15th Street to Lady Bird Lake, will soon make its debut.
The first phase—Waterloo Park, an 11-acre park bordered by East 15th, Red River, East 12th and Trinity streets—broke ground in 2017 and will open this spring.
Check out these incredible bird’s-eye views of #WaterlooPark. #InTheHeartOfAustin♥️ #OutOfThisWorld🌎 https://t.co/ioXjpn9OTh— Waterloo Greenway (@Waterloo Greenway)1598914971.0
The 10-year, 35-acre project is the result of a public-private partnership between the city of Austin and local nonprofit Waterloo Greenway Conservancy. Its estimated total cost is $250 million, of which approximately $150 million the city committed through bond funding. The conservancy will raise the remaining $100 million from donors and grants.
This week, nearly 38,000 square feet of fresh grass is being spread out and packed onto Waterloo Park’s Great Lawn!… https://t.co/pUOLOp6mU9— Waterloo Greenway (@Waterloo Greenway)1599162721.0
CEO Peter Mullan previously served as executive Vice President of Friends of the High Line—a nonprofit that founded, funds and oversees the High Line public park in Manhattan.
The second phase will be an overhaul of the Creek Delta portion, which includes nine acres between Lady Bird Lake and 4th Street. It is currently in the design phase and is expected to be completed in 2023.
The last phase includes the middle section of the park system, from 4th to 11th streets, as well as Palm Park, which abuts the Fairmont Austin hotel and the I-35 frontage road, and Pontoon Bridge, which crosses Lady Bird Lake. It will be completed in 2026.
The three-phase development process is under way and expected to be completed in 2026. (Waterloo Greenway)
Waterloo Greenway is named after the city's original name, Waterloo, according to the Austin History Center. It is also the name of a city in Belgium, combining "water" with the Flemish word "loo," which means "sacred wood."
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Texas Gov. Greg Abbott announced Monday that Texas will opt out of further federal unemployment benefits related to the pandemic effective June 26, citing the number of current job openings and concern about potentially fraudulent unemployment claims. The benefits include a $300 weekly supplement.
"The Texas economy is booming and employers are hiring communities across the state," Abbott said in a statement. "According to the Texas Workforce Commission, the number of job openings in Texas is almost identical to the number of Texans who are receiving unemployment jobs."
TWC listed 837,273 job openings as of Monday afternoon compared to 226,849 unemployment insurance claims filed statewide between March 31 and May 1. An estimated 1 million Texans were unemployed as of March, according to latest estimates released by the state agency.
Some local business owners, including Doc's Backyard Grill owner Charles Milligan, suspect unemployment benefits are deterring Austinites from returning to work. But others agree with economists who say multiple factors are at play, including health concerns and child care availability.
We're seeing lots of posts about how nobody wants to work right now. Just wanted to share our experience.
We received over 60 resumes for a taproom bartender position we posted last week. Every applicant we've set up an interview with has shown up.
People want 𝘨𝘰𝘰𝘥 work.
— Austin Beerworks (@AustinBeerworks) May 11, 2021
Abbott also cited fraudulent unemployment claims. Between March 2020 and April 2021, TWC received 4.48 million unemployment benefit applications, 611,000 or around 14% of which were tagged as suspicious. Most of those tagged were blocked before any benefits were paid out, according to an April 29 press release.
Federal law requires the effective date of such benefits change to be at least 30 days after the U.S. Department of Labor is notified.
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