Information disclosed at the hearings did not include the names of specific companies, but according to a city release, the city expects to announce company names as early as January for some projects.
The first of the five planned projects, named Project ESLO, is a development consisting of restaurants, retail and office space at the corner of Ed Schmidt Boulevard and the upcoming Live Oak Street extension. According to city materials, Project ESLO is expected to add $14 million in taxable sales to the city.
Project NQ2 is the second phase of the Townwest Commons shopping center at Ed Schmidt Boulevard and US 79. It will include around 170,000 square feet of retail, restaurants and entertainment venues and generate approximately $40 million in taxable sales, according to city materials.
Projects at the Megasite are in addition to the previously confirmed industrial projects from Skybox Datacenters and Titan Development at the site.
Project Strat3 will include approximately 200,000 square feet of warehouse space at the Megasite from a third-party logistics company that manages supply chain logistics for regional semiconductor manufacturers like Samsung.
Near the Megasite's northeast corner, Project Chicago is a proposed mixed-use development that could include two hotels, a destination restaurant and an entertainment district.
The last Megasite project, Project Primero, is a 25-acre complex containing around 250,000 square feet of office, warehouse and manufacturing space. The project is expected to bring an approximately $50 million investment from developers.
In addition to information on these new projects, the release states the city will begin announcing tenants for the previously confirmed Megasite projects early next year.
