I fear this place is heading more in the direction of LA than SF -- less earthquakes and beaches; yet all the inequality, homelessness, soul-crushing driving commutes, expensive rents, drought, vapid personalities, celebrity, traffic, tech/crypto bros, etc. But, hey, your income taxes will be a little lower! You can spend that win-fall on power generation to heat/cool your home and boil water when the Texas power grid inevitably fails again.
The other sentence you called out, likely refers to the I35 expansion project proposal that is under the authority of state TXDOT officials, who can, and I'd expect will, flout the wishes of the Austin community [0]. Local organizations have developed several potential alternatives which aim to increase affordability, livability, and economic opportunities within the area but these have seemly fallen on deaf ears at the State level [1].
[0] http://www.my35.org/capital-project-capital-express-central.... [1] https://www.kut.org/transportation/2021-08-12/txdot-slams-br...