While in the past, Austin may have been best known for casual, college-type fare, over the past several years, Austin's vibrant culinary scene has really taken off. New and innovative restaurants continue popping up on seemingly every corner, offering a wide array of styles and cuisines. When asked why Austin has experienced such sudden culinary growth, industry experts identified five major benefits to operating a restaurant in the city.
First and foremost, Austin has experienced a population explosion and this growth in city dwellers has translated into a growing demand for new and interesting types of eateries. Second, Austin is home to a number of culinary innovation programs that help push for new restaurant developments, such as the University of Texas' Food Lab that supports food research and start-ups, as well as SKU that connects culinary entrepreneurs with investors.
Another benefit identified was a strong business oriented city that makes opening a food business relatively easy. They city is known for its youthful, educated population and the affordability and low tax burden allows for the cost of business to be much lower than other comparable cities. As such, capital flows into the city. An additional is the incredible support system local Austin businesses have formed that work to help other businesses to succeed.
And finally, Austinites are very pro-local in their spending habits and love to support local, independent business. This loyalty to local business helps start-up restaurants thrive in an often uncertain market.
Learn more about what makes Austin a hotbed for culinary activity here.