$21.3M bond sale approved for convention center at Kalahari

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Plans for a city-owned convention center located within the future Kalahari Resorts & Conventions site advanced July 25.

Both the Round Rock Transportation and Economic Development Corp. and Round Rock City Council approved the sale of $21.3 million sales tax revenue bonds to build the 200,000-square-foot convention center.

While the city will own the convention center, Kalahari will be responsible for operation and maintenance, according to July 25 city of Round Rock news release.

The debt will be repaid through state and city tax revenue generated by Kalahari, said Susan Morgan, the chief financial officer for the city of Round Rock.

The convention center will include a large-scale meeting space and a ballroom—expected to be the largest in Central Texas, according to the release.

Today’s bond sale is the first of two for a total of $40 million to construct the facility, Morgan said. The second bond issuance is planned for April 2020.

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  1. There seems to be an incredible amount of hype behind this project. Maybe too much. I just hope it is successful. Until it has proven itself, I’m NOT in favor of issuing any public bonds to expand it. Let Kalahari fully book their own convention center space in this complex before Rock Rock invests in any more. What’s the rush?

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Taylor Jackson Buchanan
Taylor Jackson Buchanan is the editor for the Round Rock/Pflugerville/Hutto edition of Community Impact Newspaper. She has a bachelor's and master's degree from The University of Texas.
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