Titan Development announced June 8 it acquired 188 acres of land in Hutto that it will develop into an industrial park called Hutto Mega TechCenter.

Located south of US 79, adjacent to Hutto's "megasite," the park will include up to six industrial buildings ranging from 250,000-750,000 square feet, according to a joint release from the city and Titan.

The Hutto Mega TechCenter is not Titan's first venture in Hutto. Titan is also the developer of Innovation Business Park, an industrial park near Innovation Boulevard that has multiple tenants, including technology solutions company BryComm, door machinery company Kval and, most recently, water treatment company Ovivo.

“We anticipate this new industrial park will help meet the increasing demand by high-tech companies and suppliers to locate in the greater Austin area," Titan Vice President Joe Iannacone said in the release. "Our new tenants Ovivo Inc. and Kval Inc. ... are a testament to the city’s appeal as a light industrial manufacturing hub.”

Hutto Economic Development Corporation Chair Mike Arismendez said in the release that the new industrial park aligns with the Hutto EDC's goal of cultivating tech-focused light industrial business in the city.

According to Hutto Economic Development Director Bob Farley, Hutto's proximity to SH 130 and its extensive supply of developable land make it attractive to developers, such as Titan.

The release states several tech companies are in advanced stages of approval for potential multibillion-dollar facilities in Hutto, but it does not name any specific companies.

Notably, Hutto ISD accepted a Chapter 313 application from Applied Materials in March for a potential $2.4 billion project. The city has not commented on the possibility of Applied Materials coming to Hutto.

“We’re thrilled with the success current developers and businesses, such as Titan, are already seeing here as well as the continued growth and prosperity Hutto will enjoy in the coming years,” Arismendez said in the release. “Hutto is strategically building a culture in which area businesses support each other’s needs, their customers and, perhaps most importantly, the Hutto community.”