Mayor Adler: “I say this every time I come in here; I love this space. I love this addition to the space. I love the energy that you have on the floors, and I love what the Capital Factory has brought to our city, so thank you. I want to say hi to everybody. It’s my opportunity and honor today to introduce the CEO and President of ACC.
“Before I get there, I just want to comment a little about what we have in front of us. I continue to believe that Austin is a magical city for many different reasons, and we are riding a wave right now. There are so many things that are happening in our city. We live in a city that is creating more middle-skill jobs than any city in the country. We live in a city where the unemployment rate is a full point below the state generally, and the country as a whole. There are some incredible things that are happening here. And we’re gonna create 60,000 middle-skill jobs over the next five years. So we have to celebrate all that is happening in our city, but at the same time we also have to notice that this rising tide does not lift all the boats. Some of the boats that people are in have leaks. We live in a city where the cost of housing is going up. When that happens, we begin to hollow out the middle of our city. And with that, the creative energies and sparks that make ours a city that creates art…the danger would be that we hollow out that middle and become a city that just consumes art. And that would not be the Austin, Texas that we all love.