Kyle residents could get new housing, hotel and retail options as a proposed mixed-use development is in the works. City Council members heard a presentation on the potential project at a March 3 meeting.
What’s happening
Capland Development proposed a planned unit development, or PUD, on the northeast side of Kyle, as well as an accompanying development agreement, according to agenda documents.
The Crossroads District development would bring 15.03 acres of commercial space for retail and service businesses, as currently designed. It would include 19.27 acres of mixed-use development space, adding 535 units of multifamily housing to the area.
The current project design features two hotel sites, which would provide the city with hotel occupancy tax dollars, said Michael Linehan, president of LSI, the land planning consultant and architect representing Capland Development.
Also included in the design is an interior greenbelt, allowing pedestrians to easily travel through the development.
The details
City Council members presented a number of ideas they’d hope to be considered by the developers or see in the project’s design, including:
- A shared parking garage instead of surface parking
- The use of water conservation measures, particularly in the apartments and hotels
- Affordable coworking spaces for local business owners
- A recreation area or business
- Restaurants not currently located in Kyle
Going forward
The developers will need approximately two to three months before presenting a completed development agreement, finalized PUD zoning and updated project design to the council for an official vote.
Once the property is entitled, the multiyear development process will begin.