At a May 19 meeting, Hutto City Council approved three ordinances annexing the tract into the city, zoning it for light industrial use and updating the future land use map to reflect the new usage.
Called the Ironwood Tract, the land was part of Hutto's extraterritorial jurisdiction prior to annexation.
Amanada Brown, a representative for engineering consulting firm Kimley-Horn, said developer Ironwood Realty Partners plans to use the land for a business park.
Brown described Ironwood as a "speculative developer," meaning its developments consist of storage and warehouse buildings designed for tenants to move into quickly.
"One of the things that comes with that is that these buildings are typically more beautiful [and] landscaped because they have to be marketable to tenants," Brown said.
Because of the nature of the development, Brown said Ironwood has no specific tenants in mind at this time. However, she said Ironwood typically targets Fortune 500 companies, and tenants in its other developments include General Motors and Restoration Hardware.
Brown said while the development is likely to bring an influx of truck traffic to the surrounding area, Ironwood is happy to work with the city on future improvements to nearby roads such as Alliance Boulevard.
"We are all aligned with wanting to make sure that that transportation network works for us and for the city," Brown said.