Kyle City Council approves agreement to develop a 500,000 square feet business park

On approximately 535,113 square feet, the Majestic Plum Creek Business Park will consist of two ornmore buildings for anticipated tenants to include manufacturing, light industrial, assembly, distribution, office, e-commerce, retail or wholesale sales and warehousing businesses.

On approximately 535,113 square feet, the Majestic Plum Creek Business Park will consist of two ornmore buildings for anticipated tenants to include manufacturing, light industrial, assembly, distribution, office, e-commerce, retail or wholesale sales and warehousing businesses.

Update: Hays County Commissioners Court unanimously voted to approve the economic development and construction agreement Tuesday with Majestic Realty Co. for a business park on the southwest corner of Kohler Crossing and Kyle Crossing.

Majestic Plum Creek Business Park is expected to be complete late next summer, said owner Mike Beltz.

Original: Kyle City Council unanimously voted to approved an economic development agreement Tuesday with Majestic Realty Co. to construct a business park on the southwest corner of Kohler Crossing and Kyle Crossing.

The approximately 535,113-square-foot Majestic Plum Creek Business Park will consist of two or
more buildings with anticipated tenants to include manufacturing, light industrial, assembly, distribution, office, e-commerce, retail or wholesale sales, and warehousing businesses.

In order to attract and retain developers like Majestic Realty, the economic development agreement—known as a Chapter 380 agreement—authorizes the city to offer incentives designed to promote economic development, such as commercial and retail projects.

According to the agreement approved Tuesday, the city of Kyle's economic development department will offer Majestic Realty a five-year rebate on property taxes that will diminish proportionally as the proposed buildings are leased.

"With this addition, we would have a little over a million square feet of 'spec' space within a mile in the city of Kyle, which is really unheard of in our region," said Diana Torres, the city's director of economic development.

The 1 million square feet of spec space in Kyle will be an accumulation of the Majestic Plum Creek project and another recent project. Hillwood Properties broke ground on a two-building distribution and fulfillment center called Hays Logistics Center at 300 Vista Ridge, Kyle. The center will include more than 400,000 square feet of leasable space and aims to support the area's growing e-commerce and logistics industries.

Hays County Commissioners Court will vote June 26 for final approval of the business park to begin construction.
SHARE THIS STORY


MOST RECENT

An additional Chromebook distribution day can be added next week, if needed. (Courtesy Round Rock ISD)
5 recent education stories from the Austin area readers should know

Read updates on how local school districts and colleges are reacting in the wake of the coronavirus pandemic.

President Donald Trump signed a $2 trillion package March 27 to provide relief during the coronavirus pandemic. (Courtesy Adobe Stock)
Sen. John Cornyn discusses provisions laid out in CARES Act

The $2 trillion package provides funding to help fight the virus and to provide financial assistance for Americans during the pandemic.

Initial claims for unemployment insurance rates are increasing across the nation in the midst of COVID-19. (Courtesy Adobe Stock)
Texas sees 77% increase in unemployment insurance claims during week ending March 28

Texas ranked fifth among states in the U.S. with 275,597 initial claims filed the week ending March 28.

Both school districts will remain close until at least May 4, according to officials from each district. (Evelin Garcia/Community Impact Newspaper)
San Marcos CISD and Hays CISD extend school closure through May 4

Both school districts extended the suspension of normal school operations until at least May 4, following Gov. Greg Abbott’s order that all schools in the state stay closed through that date.

San Marcos City Council members had a spacial called meeting March 31, via Zoom. (Evelin Garcia/ Community Impact Newspaper)
San Marcos City Council members postpone special election; economic relief efforts underway

San Marcos City Council members voted to postpone the May 2 special election for Place 5 at a March 31 meeting. City Council members also discussed economic relief efforts that have been implemented and those that are underway.

Hays County residents have a coronavirus hotline to call. (Evelin Garcia/Rachal Russell/Community Impact Newspaper)
UPDATE: Hays County now has 45 coronavirus cases

Hays County coronavirus numbers continue to climb each day

ACC will offer students a pass or no-pass option for spring semester classes in response to the impact coronavirus has had on classes. (Jack Flagler/Community Impact Newspaper)
Austin Community College offers students pass or no-pass options for shortened semester

ACC will offer students a pass or no-pass option for spring semester class options in response to the impact coronavirus has had on classes.

Sendero Health Plans announced a new measure April 1 to help its members receive tests and treatment for coronavirus. (Courtesy Adobe Stock Photos)
Sendero Health Plans waives all costs for coronavirus testing and treatment for members

Sendero Health Plans announced a new measure April 1 to help its members receive tests and treatment for coronavirus.

Central Texas Medical Center will be renamed Christus Santa Rosa Hospital-San Marcos after the deal was finalized. (Joe Warner/Community Impact Newspaper)
Deal final as Central Texas Medical Center joins Christus Health

CTMC has become part of larger hospital system.

Texas Tribune: Some local elections in Texas moving ahead despite coronavirus spread

A handful of towns and special districts still plan to go ahead with their May 2 votes, arranging polling places despite calls from the president on down directing people to stay at home to prevent the spread of the deadly virus.

Businesses have been granted an extension to file personal property renditions in Hays County. (Evelin Garcia/Community Impact Newspaper)
Hays County business personal property rendition deadline moves forward to May 15

Businesses in Hays County will have an extra month to report property information.

Lake Travis Fire Rescue is one of hundreds of emergency service districts serving millions of Texas residents across the state. Firefighters, EMTs and medical professionals said they are concerned about the availability of personal protective equipment as the coronavirus public health crisis continues. (Brian Rash/Community Impact Newspaper)
First responders, medical professionals across Texas worry about inadequate personal protective equipment supplies

In a survey of emergency service districts across the state, two-thirds of respondents said they were concerned about a shortage of equipment such as masks, goggles and gloves.