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Tesla has filed plans to build a 30,000-square-foot showroom and vehicle service center at The Yard, a creative business center in south Austin.
The space, located at 500 E. St. Elmo Road, is currently home to Music Lab, one of Austin's most beloved recording studios which had already downsized once by closing its popular West Oltorf location in 2019. It is unclear if the recording studio is relocating or shutting down completely.
Tesla's filings project construction to begin by this June, and will take an estimated three months and $2.5 million to complete. This will be the third showroom in Austin. The existing locations are located off of Research Boulevard in northwest Austin and in the Domain—this will be the first showroom in South Austin.
The new location will be closer to the newest Tesla gigafactory in Southeast Travis County. It was less than a year ago that Elon Musk announced the automotive company would be building its next gigafactory in the Austin area. The factory will facilitate building the new Cyber Truck, Model Y and batteries for the cars. It is projected to begin operations this year.
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Texas is scheduled to receive 24,000 doses of the recently approved Johnson & Johnson COVID-19 vaccine on Tuesday, with more on the way.
<p>The state's three FEMA distribution sites—in Arlington, Dallas and Houston—will receive the first shipments, according to the Texas Department of State Health Services. The Arlington and Dallas sites will receive 6,000 doses apiece, and the Houston site will receive 12,000. Additionally, the state health department will allocate 676,280 first doses of the Pfizer and Moderna vaccines to 522 providers in the state this week.</p><p>DSHS has also been notified that it will receive more than 200,000 doses of the Johnson & Johnson vaccine as part of next week's allocation, which could include doses being sent to Austin. </p><p>The Food and Drug Administration approved the single-shot Johnson & Johnson vaccine on Saturday. Federal officials said 4 million doses will be shipped out nationally this week, with an expected 20 million doses to be available by the end of March. </p><p>Johnson & Johnson's vaccine was found to be around 66% effective against moderate to severe symptoms 28 days after vaccination in a worldwide study. Although the two previously approved vaccines—from Pfizer and Moderna—are around 95% effective, the Johnson & Johnson vaccine offers <a href="https://austonia.com/johnson-johnson-vaccine-approval" target="_blank">significant advantages</a>:</p><ul class="ee-ul"><li>It is easier to store and ship because it does not require refrigeration </li><li>It only requires one shot, which means the same number of Johnson & Johnson doses can vaccinate twice as many people as Pfizer or Moderna doses </li><li>It has proven to be mostly effective against new strains of the disease, which emerged after the clinical trials for Pfizer and Moderna's candidates </li></ul><p>The Johnson & Johnson vaccine "is extremely effective at preventing severe disease, hospitalization and death—the goal with any vaccine—and only requires one dose," a DSHS spokesperson wrote in an email to Austonia. </p>
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(Engel & Völkers Austin/Twitter)
An unknown buyer will soon be living the dream after purchasing Austin's most expensive home—a nearly nine-acre property complete with a luxurious glass-walled mansion and a private lagoon in West Austin.
<p> With a whopping $38.9 million listing price, the undisclosed final sale broke the record as Austin's priciest home deal ever, according to agents at Engel & Völkers Austin.</p><div class="rm-embed embed-media"><blockquote class="twitter-tweet">// JUST SOLD // This one-of-a-kind property was listed for $38,900,000 by Michele Turnquist & Kathryn Scarborough making this an <a href="https://twitter.com/hashtag/ATX?src=hash&ref_src=twsrc%5Etfw">#ATX</a> record-shattering sale! Special thanks to Cord Shiflet <a href="https://twitter.com/MorelandProps?ref_src=twsrc%5Etfw">@MorelandProps</a> as it was a team effort to close! <a href="https://twitter.com/hashtag/doncrowellbuilders?src=hash&ref_src=twsrc%5Etfw">#doncrowellbuilders</a> <a href="https://twitter.com/hashtag/miroriveraarchitects?src=hash&ref_src=twsrc%5Etfw">#miroriveraarchitects</a> <a href="https://t.co/hnz93djfe1">pic.twitter.com/hnz93djfe1</a><br/>— Engel & Völkers Austin (@MoveToAustin) <a href="https://twitter.com/MoveToAustin/status/1365698114678624265?ref_src=twsrc%5Etfw">February 27, 2021</a></blockquote> <script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"></script></div><p>The home sits on Lake Austin and has more than 665 feet of water frontage. If the lake wasn't enough, the property comes with its own lagoon, boat dock and infinity pool.<br/></p><p>The estate itself is glass-walled and glamorous, with a three-story guesthouse that has been featured on Architectural Digest. Connected to the guest house is an award-winning bridge overlooking the water as well as the main event—the seven-bedroom, nine-bathroom home. The house is divided in half by a courtyard and a 1,000 square-foot great room that is surrounded by glass on all sides.</p><p>Although the purchaser wished to remain anonymous, many are speculating that the purchase goes hand-in-hand with the recent tech migration to Austin. With big-name companies like Oracle and Tesla already planting their roots in the city and many more to possibly come, the Austin housing market has faced skyrocketing prices and demand.</p><p>If the property sold for even half as much as its listing price, it would easily break the record for Austin's most expensive purchase. The most expensive home on the market in Austin currently sits at $12.9 million.</p><p>The estate, named Willow Beach, was custom-made by Austin-based Miró Rivera Architects in 2010.</p>
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Self-proclaimed "Crypto Queen" Grimes made nearly $6 million to kick off her Sunday by selling her newest artwork, a series of crypto-art pieces titled "WarNymph."
<p>The pieces, which feature cherub warriors protecting post-apocalyptic planets, went on sale Sunday at 1 p.m for 48 hours.</p><div class="rm-embed embed-media"><blockquote class="twitter-tweet">Dropping NFTs tomorrow at 2pm EST. enter the void <a href="https://t.co/l9fNFUCheX">pic.twitter.com/l9fNFUCheX</a><br/>— ☘︎𝔊𝔯𝔦𝔪𝔢𝔰 (@Grimezsz) <a href="https://twitter.com/Grimezsz/status/1365899885979963392?ref_src=twsrc%5Etfw">February 28, 2021</a></blockquote> <script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"></script></div><p>In 20 minutes, Grimes, music artist and girlfriend of Elon Musk, reached $5.8 million in sales from the auction. By noon Monday, all pieces were sold out except for one, "Death of the Old," which is currently bidding for $250,000. Some works, including "The Newborn 2," are being <a href="https://niftygateway.com/profile/brennan490" target="_blank">resold</a> for as much as $2.5 million.<br/></p><p>According to her artwork's page, WarNymph "explores the fluidity of identity in the virtual age: the ability to create, augment, and splinter ourselves into unlimited avatars, create boundless worlds, and build rich, complex lore." </p><p>Each artwork features winged babies in various forms: protecting Mars, sitting atop thrones and wielding weapons including bows and arrows or blood-red spears.</p><div class="rm-embed embed-media"><blockquote class="twitter-tweet">👼"Death of the Old" -<a href="https://twitter.com/Grimezsz?ref_src=twsrc%5Etfw">@Grimezsz</a> x <a href="https://twitter.com/MacBoucher1?ref_src=twsrc%5Etfw">@MacBoucher1</a> 👼<br/><br/>The first of her kind, <a href="https://twitter.com/hashtag/WarNymph?src=hash&ref_src=twsrc%5Etfw">#WarNymph</a> is a digital entity spliced from a pixel DNA of the organic human, Grimes.🧬<br/><br/>The journey into the <a href="https://twitter.com/hashtag/Oth3rkin?src=hash&ref_src=twsrc%5Etfw">#Oth3rkin</a> Universe starts here: <a href="https://t.co/ccliYhMW1q">https://t.co/ccliYhMW1q</a> & <a href="https://t.co/AgVLsy1eD8">https://t.co/AgVLsy1eD8</a><br/><br/>Who's ready?🔥 <a href="https://t.co/lf4mer4XOE">pic.twitter.com/lf4mer4XOE</a><br/>— Nifty Gateway (@niftygateway) <a href="https://twitter.com/niftygateway/status/1366090925383036928?ref_src=twsrc%5Etfw">February 28, 2021</a></blockquote> <script async="" charset="utf-8" src="https://platform.twitter.com/widgets.js"></script></div><p><br/></p><p>All of the works are examples of a new cryptocurrency called non-fungible tokens, or <a href="https://www.businessinsider.com/what-does-nft-mean-crytpo-non-fungible-tokens-art-explained-2021-2" target="_blank">NFTs</a>. NFTs have surged in popularity in recent weeks as other cryptocurrencies like Bitcoin continue to take off. Unlike Bitcoin, however, NFTs cannot be traded for one another or broken down into smaller values. Instead, they serve as a form of collectibles that stand on their own as individualized collector's items.</p><p>Brands such as Nike and Louis Vuitton have already begun creating virtual assets for their consumers, while celebrities including <a href="https://coinmarketcap.com/alexandria/article/lindsay-lohans-nft-sells-for-59-000-despite-an-unfortunate-blunder" target="_blank">Lindsay Lohan</a> have sold NFTs for thousands of dollars. The NBA, which made the platform <a href="https://www.nbatopshot.com/" target="_blank">NBA Top Shot</a>, has already sold $270 million worth of NFTs in the form of unique NBA video highlights. </p><p>NFTs have to be bought using other cryptocurrencies such as Ethereum's Ether or World Asset eXchange. The currency is predicted to continue to skyrocket in value as creators make products for virtual reality technologies.</p><p>According to Grimes, there's more where this came from. WarNymph is part of a bigger whole—an entire virtual universe Grimes has titled Oth3rkin that the singer will continue to work on with her brother, Mac Boucher.</p><p>Some proceeds from the project are going toward reducing carbon emissions via nonprofit organization Carbon 180. Billionaire <a href="https://austonia.com/elon-musk-texas-move" target="_blank">Texan transfer</a> Musk, is passionate about the subject as well.</p><p>The artworks were sold using NFT trading site <a href="https://niftygateway.com/collections/warnymphvolume1" target="_blank">Nifty Gateway</a>. </p>
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