$11M speculative space development coming to south San Marcos

 The the two-building development will top out at 135,000 square feet. (Rendering courtesy Live Oak)
The the two-building development will top out at 135,000 square feet. (Rendering courtesy Live Oak)

The the two-building development will top out at 135,000 square feet. (Rendering courtesy Live Oak)

An $11 million speculative space facility is anticipated to be completed in south San Marcos by the end of 2022.

A news release from Live Oak, the Texas-based real estate and development firm that invested the capital to advance the project, stated the the two-building development will top out at 135,000 square feet.

The project will be built on 14 acres at 320 Barnes Road, San Marcos, near the intersection of I-35 and Wonder World Drive, and will be designated for uses including industrial, office space, showrooms, research and development, and light manufacturing according to the release.

“The corridor between Austin and San Antonio continues to see rapid growth in investment, infrastructure and workforce talent” said Ryan Whalen, vice president of Live Oak, in the release. “From a long-term investment perspective, we believe that San Marcos is a great place for us to plant our flag.”

The release states San Marcos will add more than $725,000 to its coffers in property tax revenue over a 10-year period, and Hays County will receive roughly $374,000 over the same timeframe.


“Speculative space facility development has been proven over and over again to be an effective strategy in attracting and securing new employers with high quality jobs that provide good pay and benefits,” said Jason Giulietti, president of the Greater San Marcos Partnership, in the release.
By Brian Rash
Brian has been a reporter and editor since 2012. He wrote about the music scene in Dallas-Fort Worth before becoming managing editor for the Graham Leader in Graham, Texas, in 2013. He relocated to Austin, Texas, in 2015 to work for Gatehouse Media's large design hub. He became the editor for the Lake Travis-Westlake publication of Community Impact in August 2018. From there he became a dual-market editor for Community Impact's New Braunfels and San Marcos-Buda-Kyle editions. Brian is now a senior editor for the company's flagship papers, the Round Rock and Pflugerville-Hutto editions.


MOST RECENT

Mayor Pro Tem Rick Koch announces that a Costco will be opening in Kyle, surrounded by Mayor Travis Mitchell, City Manager Scott Sellers and other council members. (Eric Weilbacher/Community Impact Newspaper)
Mayor Mitchell expresses optimism on infrastructure progress at Kyle State of the City luncheon

Mayor Travis Mitchell spoke of the challenges Kyle faced during the pandemic, the February freeze and its current housing and infrastructure challenges.

Baylor Scott & White Pflugerville
Ascension, Baylor Scott & White to require all employees be fully vaccinated against coronavirus by fall

Ascension and Baylor Scott & White have announced all eligible employees must be vaccinated against COVID-19 in the coming months. 

A new Costco store in Kyle will be opened near Evo Entertainment and Home Depot, and will employ some 225 employees with a $16 per hour starting wage.
Costco inks incentive deal for new Kyle location

A new Costco store in Kyle will be opened near Evo Entertainment and Home Depot, and will employ some 225 employees with a $16 per hour starting wage.

The CDC reversed its masking guidance for fully vaccinated individuals in response to the transmissibility of the delta variant of COVID-19 in a press conference July 27. (Community Impact Newspaper staff)
NEW CDC GUIDANCE: All individuals should wear masks in K-12 schools, including those who are fully vaccinated

The new CDC guidance, announced July 27, also recommends people in areas with "high" or "substantial" levels of transmission wear masks regardless of vaccination status.

Chick-fil-A will open a location in downtown Austin on July 29. (Courtesy Chick-fil-A)
Chick-fil-A coming to downtown Austin; Dutch Bros Coffee opens in Round Rock and more Central Texas news

Located at 600 Congress Ave., Ste. C150, the newest outpost for the fast-food fried chicken giant is locally owned by Luke Steigmeyer.

Hays County's first jail become a USO center for black World War II soldiers before it was turned into a museum.
Courtesy Calaboose Museum of African American History
Calaboose African American History Museum reopens in San Marcos

The Calaboose African American History Museum reopened in June, and is known for hosting festivals and events celebrating African American history and culture.

State Rep. Vikki Goodwin, D-Austin sent a letter July 23 urging Gov. Greg Abbott to allow schools to require masks. (Courtesy Adobe Stock)
Texas state reps. call on Abbott to permit school mask mandates amid rising COVID-19 cases

The letter, spearheaded by Rep. Vikki Goodwin, called upon Gov. Greg Abbott and Texas Education Agency Commissioner Mike Morath to permit school districts to enact mask mandates and provide virtual learning options.

After a relatively calm June, COVID-19 cases are being reported in increasing numbers in Hays County with the arrival of the Delta strain. Several free vaccine clinics are available this month. (Community Impact staff)
Hays County's COVID-19 cases are on the rise again

After a relatively calm June, COVID-19 cases are being reported in increasing numbers in Hays County with the arrival of the Delta strain. Several free vaccine clinics are available this month.

Leander Marketplace PUD would be located at the northeast corner of Hero Way and US 183. (Screenshot courtesy city of Leander)
Leander eyes development with restaurants, retail; Bin Drop opens in New Braunfels and more top Central Texas news

Read the top business and community news from the past week from the Central Texas area.

In an effort to encourage remaining unvaccinated staff to take the COVID-19 vaccine, the San Marcos Consolidated Independent School District board of trustees approved a one-time $250 stipend incentive July19. (Courtesy Adobe Stock)
San Marcos CISD passes vaccination stipend incentive

Every district employee who has already been vaccinated or does so by October, when the stipend will be distributed, will receive the stipend.

Mortgage purchase applications are down year over year, but the Austin housing market remains hot. (Benton Graham/Community Impact Newspaper)
Austin housing market still hot but showing signs of slowing down

Experts say that a decrease in mortgage purchase applications points to “a reversion back to norm” in the Austin housing market.