Cedar Park initiates possible $60 million incentive package for Indigo Ridge, U.S. Tennis Association Texas

The U.S. Tennis Association Texas is set to anchor the Indigo Ridge North development in Cedar Park.

The U.S. Tennis Association Texas is set to anchor the Indigo Ridge North development in Cedar Park.

The headquarters for the United States Tennis Association Texas, or USTA-Texas, are to anchor a $1.5 billion development heading to Cedar Park.

The mixed-used project is Indigo Ridge, located at Whitestone Boulevard and Sam Bass Road. Also known as Indigo Ridge North, the development is planned to include office space, hotel space, residential options, retail, restaurants and entertainment.

During a March 14 meeting Mayor Corbin Van Arsdale called “historic” for Cedar Park City Council, council voted unanimously to enter a memorandum of understanding with the Indigo Ridge Development Project and USTA-Texas.

The document recognizes that Indigo Ridge Development Project is proposing to build a $1.5 billion project over six phases, including more than 2.3 million square feet of commercial, or non-residential, development and more than 2.8 million square feet of residential development, according to Ben White, economic development director for the city of Cedar Park.

The anchor of the mixed-use development, USTA-Texas intends to bring its headquarters and facilities to the Indigo Ridge development, according to a March 14 press release from representatives of the Indigo Ridge Development Project. The tennis campus plans to include about 40 outdoor tennis courts, six to eight indoor tennis courts, a stadium court and other amenities.

The city intends to enter into a 380 agreement with incentives not to exceed $60 million over a 20-year period, White said. White said the development has to build before they receive any money; in other words, the incentive is performance-based.

White said the project is estimated to bring $138.82 million of net new revenue to the city over a 20-year period.

"Those numbers... that allows us to take a lot of pressure off of property taxes for our residents when you deliver projects like that," Van Arsdale said. "It’s a big deal to have that kind of deal."

The memorandum of understanding is a preliminary document and an economic development agreement laying out the details of the agreement should be complete within 90 days, White said.

Editor's note: This story was updated March 15 at 9:21 p.m. to add "Texas" at the end of the headline.
SHARE THIS STORY
By Marisa Charpentier

Reporter, Cedar Park | Leander

Marisa Charpentier joined Community Impact in September 2018. After working as an intern, she became a reporter for the Cedar Park | Leander edition in October 2018. Charpentier graduated from The University of Texas at Austin with degrees in journalism and Plan II Honors.



MOST RECENT

A new barre3 location will open in Cedar Park. (Courtesy barre3)
Barre3 coming to Cedar Park in June

The fitness company offers one-hour classes that include strength conditioning, cardio and mindfulness.

A Leander quiet-zone contract was approved on Feb. 24. (Community Impact Newspaper staff)
Capital Metro OKs contract for Leander quiet-zone construction

Capital Metro approved a quiet-zone construction contract for two Leander intersections on Feb. 24.

This map from the Leander ISD demographer's report shows a rough outline of elementary school boundaries in the northern half of the district for the 2021-22 school year. (Courtesy Leander ISD)
Leander ISD to begin elementary rezoning for 2021-22

With Nancy Tarvin Elementary School opening in in Leander in August 2021, Leander ISD is considering where to change the attendance zones of up to nine nearby elementary schools.

This rendering shows what the Bell District may look like once completed. (Courtesy city of Cedar Park)
Cedar Park may vote on Bell District master developer’s agreement Feb. 27

Cedar Park City Council may take a significant step toward the construction of the Bell District.

Leander City Council voted to award DeNucci Constructors a $13.4 million contract for Northline Phase 1. (Community Impact Newspaper file photo)
Leander council awards $13.4M contract for Northline

Leander city council voted unanimously to award DeNucci Constructors LLC a $13,418,537 construction contract Feb. 20.

State Sen. Kirk Watson announced his resignation from state government Feb. 18. A number of local politicians have expressed interest in the seat.
Who is interested in Kirk Watson’s Senate seat? Here is where local members of the state House stand

State Reps. Gina Hinojosa and Eddie Rodriguez say they are "seriously considering" a run for the District 14 seat.

Fight over sales market data means Travis County home appraisals will not change this year, area schools may suffer

Travis Central Appraisal District will not appraise residential properties this year following a cease-and-desist order from the Austin Board of Realtors prohibiting use of its sales price data.

Leander
Leander may authorize $13.4M for first phase of Northline at Feb. 20 meeting

City Council will decide whether to award DeNucci Constructors LLC a $13,418,537 construction contract at its Feb. 20 meeting.

Williamson County residential home sales increased 11.6% year over year, according to an Austin Board of Realtors January housing market report. (Ali Linan/Community Impact Newspaper)
Williamson County sees increase in year-over-year residential home sales in January

Williamson County residential home sales increased 11.6% year over year, according to an Austin Board of Realtors January housing market report.

Cedar Park charity celebrates 10 years of donating to schools

HC4A, or HIndu Charities for America, is celebrating its 10th anniversary,

Abed Yaghi makes a margherita pizza. (Sally Grace Holtgrieve/Community Impact Newspaper)
Yaghi's New York Pizzeria offering fresh yet affordable options since 1999

There are eight Yaghi's locations in the Austin area.

Trendmaker Homes Austin, a design studio that provides a range of appliances, countertops, fixtures and other interior and exterior features, opened Feb. 12. (Courtesy Trendmaker Homes Austin)
Trendmaker Homes Austin opens new design studio

Trendmaker Homes Austin, a design studio that provides a range of appliances, countertops, fixtures and other interior and exterior features, opened Feb. 12.

Back to top