While Austin is undoubtedly a quickly developing city in terms of restaurant growth, a new study recently released by SelfStorage.com has declared the city to be one of the nation's leaders in restaurant and bar development. Compiling data from a ten year period, 2003-2013, this study revealed that Austin's growth rate has risen to nearly 12%, making it the 9th quickest developing city for restaurants and bars in the nation.
While in 2005, the city had 2.09 restaurants, bars and hotels for every 1,000 residents, by 2013 the number had jumped to 2.33. And while several other Texas cities made the list including Dallas, Houston and El Paso, Austin still topped the list as the Texas city with the most food and beverage industry establishments. Read More