MA Partners, an Austin-based company since 1992, will negotiate the development with the city, and according to City Manager Odis Jones, the project could result in $100 million in private development with the city making $5 million in infrastructure upgrades.
"We were impressed with MA Partners' vision for the Co-Op District," Mayor Doug Gaul said. "Their vision to create a place that our citizens can be proud of is very exciting. The City Council and I are ready to see this entertainment district develop into a venue where Hutto citizens can work, play and live."
Amenities are expected to include aesthetic landscaping, event space, a retention pond and spacious parking, city officials said.
Three companies presented plans to the City Council at a special meeting Thursday night, including: KWC Team, formed specifically for this project and based in New Jersey and Austin; Titan Development of San Antonio with projects in New Mexico, Texas and Florida; and MA Partners.
Titan Development is the company selected to begin development of a business and industrial park on the northwest side of Hutto, near the East Williamson County Higher Education Center.
“We will immediately begin to work with the designated developer that the Council has selected to lay out a plan, and we hope to move dirt this year,” Jones said. “Furthermore, we look forward to seeing the Co-Op district transform into an entertainment district, something the citizens have been asking for, for years.”
MA Partners oversee all stages of development from initial planning through development completion, city officials said. They developed several projects in Williamson County, including Avery Ranch Golf Club, East Williamson County Higher Education Center, and Texas A&M Medical School in Round Rock. The group's Hutto developments include Emory Farms, Regions Bank (formerly Hutto State Bank), and St. Patrick Catholic Church.