Z’Tejas is the first restaurant to take advantage of the city’s restaurant incentive program, which was created to bring new restaurants to Kyle. Through the program, Z’Tejas will receive a 100% sales and property tax rebate for its first three years with funding provided by a Chapter 380 development agreement with the city.
A Chapter 380 agreement allows municipalities or counties to offer incentives to commercial or retail projects to help promote economic development, according to the Texas Comptroller.
The new restaurant will be approximately 4,500 square feet with an additional 2,000 square feet serving as an outdoor patio. The restaurant will also be the first that the company owns outright.
Over 50 jobs and approximately $4 million of capital investment will be brought into the city by the restaurant.
“We’re excited to join a new community and spread the spirit of Z to the citizens of Kyle,” Z’Tejas CEO Robby Nethercut said in a statement.
www.ztejas.com
