Overview
Williamson County and city of Hutto officials held a groundbreaking ceremony Jan. 12 for what’s been dubbed “Spine Road,” until an official name is decided on.
It will serve as the main roadway to the 1,400-acre tech center, where companies, such as Skybox Datacenters and its partner Prologis Inc., are planning to built a data center campus, while Titan Development is working on an industrial park to provide companies with a storage, distribution and manufacturing space.
Funding for the $16 million roadway off FM 3349 comes from bonds issued by the city of Hutto, and the construction is expected to be finished around August.
The impact
The site is expected to help Hutto bolster its economic position and provide a boost to city tax revenue.
In November 2022, Hutto City Council approved the creation of a tax increment reinvestment zone at the property. The tax district would allow revenue gains to be redirected to fund infrastructure projects and improvements.
In addition, the increase property tax revenue is expected to help generate more funding for schools, while officials also hope to see lower tax bills for families.
“My hope is that five years from now we have really low tax bills, because all these great companies are now footing the bill,” Hutto Mayor Mike Snyder said.
What else?
The development site is roughly 200 acres larger than the nearby Samsung Semiconductor Austin plant going up in Taylor. While the city and Hutto Economic Development Corporation have worked out agreements with Titan and Skybox, additional companies are expected to call the site home in the future.
“[The Hutto Megasite] is the epicenter of economic development growth not only in America, but in the world. There’s no manufacturing complex in the world that is larger than is currently under construction where we stand,” Williamson County Judge Bill Gravell said.
