Back on September 30, we posted the breaking news that The Austin Business Journal designated Southeast Austin as the "next big spot" in town based on the $250 million F1 track going in on the SH-130 corridor. (That post also has a number of source links if you want to read up on the background of the project.)
Okay, so, latest news -- and it's good news. Construction on the track, which is near FM 812, will get underway in December with a slated completion in 2012. The numbers attached to the project are looking fantastic for Austin:
- 3,000 seasonal and construction jobs
- $100 million pumping into the economy
They're looking at developing a year-round calendar of events, starting a motorsport driving club, getting a kart track going, and
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