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The Village at Kyle
Executive Summary
Introduction: The City of Kyle, Texas is located on Interstate 35, twelve miles south
of Austin and ten miles north of San Marcos in northeastern Hays County. At this site the Balcones Escarpment meets the blackland prairie; to the east is farming and to the west, ranching. Kyle has traditionally been a bedroom community for the City of Austin and a crossroads town linking communities to the east with the Texas Hill Country.
Trade Area: The Village at Kyle is situated in Hays County almost at the halfway
point between South Austin and San Marcos. This trade area has been growing an average of 125% annually. Kyle is currently the 5th fastest growing city in Texas, and the fastest growing city between Austin and San Antonio. Strong in-migration, a growing base of employees, and significant additions to the infrastructure and housing supply have all contributed to Hays Country establishing itself as a premier destination for business and families. The rapid growth is expected to continue, as the Texas State Data Center predicts that Hays County’s population base will rise from 124,432 residents in 2005 to almost 345,000 by 2025 – an annual growth rate of approximately 5.2 percent. In fact, the county’s growth is projected to double the Austin MSA’s overall pace during this same period.
Project Description: The Village at Kyle is a 215 acre mixed use development. Seton
Hospital, the largest health care provider in Central Texas and a part of Ascension Health Care, will develop 75 acres of the project for a full service hospital facility. SCC Development Company will develop a 900,000 sf shopping center in two phases that will be located in front of the hospital. FM1626, the major east west thoroughfare through the region will be extended from IH-35 to Dacy Lane. Phase I of the project will be on the north side of FM 1626 and will open in the spring of 2009. Phase II will encompass the south side of FM 1626 and will open in spring 2010. Seton Hospital is scheduled to open in November of 2009.
301 Congress Ave, Suite 1550 Tel: (512) 329-9947 Austin, Texas 78701 Fax: (512) 329-9948
The scope of the development is as follows:
• Seton Hospital – 300,000 sf hospital facility with 141 beds in Phase I. The hospital is expandable to 210 beds. The hospital will employ approximately 2,200 people and Seton plans to open the hospital in November of 2009.
• Medical Office Building – The first phase of the hospital complex will have a 100,000 sf office building for doctors and outpatient care. Seton has plans for an additional 80,000 sf medical office building that can be incorporated into Phase I if needed.
• Shopping Center – Phase I of the shopping center will be on the north side of FM1626 at IH-35 and will contain approximately 500,000 sf of retail. There will be a mix of big box, junior anchors, shop space and pads in this first phase. Delivery of space in Phase I will be in early spring of 2009. Phase II of the center will be on the south side of FM 1626 at IH-35 and will have almost 500,000 sf of retail space. Phase II will have more junior anchor space along with small shop space and various pad opportunities. Phase II will be delivered in spring of 2010.
Access Road Network: The Village at Kyle is easily accessible from IH-35, the State’s major
north-south interstate highway, as well as FM 1626, an important highway linking Kyle to the City of Austin. Traffic Counts on IH-35 are 90,000 v.p.d. and the projected traffic count on FM 1626 is 32,500 v.p.d.
Austin Market Overview: Austin is a leading technology center and the fastest growing market in
Texas with the local economy still growing at a robust 4.5% annually. Despite the economic downtown associated with 9/11 and the dot com bubble, local economist Dr. Ray Perryman projects almost 100,000 new jobs will be formed in Austin over the next five years. As the capital of Texas, Austin is the center of all government activities in the state and home to the state’s largest university, the University of Texas.
Chapa M
iddle S
chool
Science H
all E
lementary
2,200 Em
ployees
FM 1626
Lehman H
igh S
chool
Fuentes E
lementary
2,200 Em
ployees
FM 1626
HA
YS CISD
ProjectedA
ctive/Future/PrelimTotal
Occ.
Rem
.2003/04
2004/052005/06
2006/072007/08
2008/092009/10
2010/11 Subdivisions
LotsLots
Lots4Q
1Q2Q
3Q4Q
1Q2Q
3Q4Q
1Q2Q
3Q4Q
1Q2Q
3Q4Q
1Q2Q
3Q4Q
1Q2Q
3Q4Q
1Q2Q
3Q4Q
1Q2Q
3Q
Am
berwood
617532
8528
4010
4716
6133
3729
3440
3414
1713
1212
1212
1212
Arroyo R
anch125
1250
94
012
1011
2
Avana
7910
7916
66
66
1010
1010
1012
1212
1212
Blanco V
ista2,067
02,067
1212
1313
1313
1313
1313
1313
1313
1313
1313
Bradford M
eadows
7065
54
42
00
00
10
31
01
20
20
00
3
Brookside
14050
900
03
43
15
25
02
77
1113
1313
1313
139
3
Bunton C
reek128
1127
00
00
00
00
00
00
01
33
34
33
44
33
44
33
44
33
Cool S
prings409
0409
36
99
99
99
99
99
Coves of C
imarron
5959
0
Creekside P
ark94
940
Cullen C
ountry187
17512
00
47
2322
529
1511
1718
816
12
Elliot R
anch199
15544
11
91
55
110
28
1014
34
66
66
66
44
Four Seasons Farm
324167
1570
313
1811
1111
1617
1412
1711
1312
1212
1212
1212
1212
1212
1213
Garlic C
reek West
2860
2864
34
34
34
43
44
43
43
34
4
Green M
eadows
22910
2192
815
1516
1616
1616
1616
1616
1616
13
Hidden V
alley1,069
01,069
1818
1818
1818
1818
1818
High M
eadows
140140
0
Hom
etown K
yle708
378330
1752
4230
4134
3725
4922
2930
3030
3030
3030
3030
3030
Indian Paintbrush
253253
015
2016
3124
2125
261
216
12
Kensington Trails
452246
20623
167
1018
1115
2230
4929
1630
3030
3030
2520
11
La Ventana
23694
1427
42
21
134
31
03
81
55
55
55
55
55
55
55
55
55
La Ventana W
est19
910
10
20
01
01
01
00
10
10
10
10
10
10
10
1
Meadow
Park
9745
529
1917
88
88
88
4
Meadow
s at Buda
5249
5152
718
1818
1818
1818
1818
1818
1818
1818
1818
18
North Trails
8585
0
Park at S
teeplechase, The125
11510
145
56
54
23
56
64
73
55
Parklands, The
950
953
33
33
44
44
44
44
44
44
4
Pecanw
ood 1,399
01,399
1515
1515
Plum
Creek
1,6511,261
39044
2331
5746
1496
1927
3341
3336
2117
1717
1718
1818
1818
1818
1818
1818
1818
18
Post O
ak398
223175
911
1722
1124
1613
1220
1417
1621
2020
2020
1919
1919
19
Prairie on the C
reek334
3340
3425
5417
1517
175
13
2
River M
ountain Ranch
5530
250
17
31
20
21
10
10
01
20
11
10
11
10
11
10
11
1
Ruby R
anch159
11742
03
80
108
52
55
31
32
33
33
33
33
33
33
33
Shadow
Creek
732337
3950
00
00
00
01
4882
8265
5949
4949
4939
2929
2929
2915
Silverado at P
lum C
reek425
40223
915
3830
1926
1717
1524
2426
1530
158
Southlake R
anch360
249111
51
04
211
1618
1511
920
1223
1616
1616
1616
15
Spring B
ranch360
3600
13
21
Spring B
ranch 289
890
137
6
Stagecoach Forest
690
693
77
77
77
77
64
Steeplechase
283283
03
Stonefield
6040
6047
77
77
77
77
77
77
77
77
Stoneridge
28485
1995
114
711
911
77
1310
1010
1010
1010
1010
1010
1010
1010
1010
10
Sunfield
4690
4698
88
99
99
99
99
99
99
Trails141
1410
1
Waterleaf
708228
4805
1528
259
2420
1920
139
149
1416
1616
1616
1616
1616
1616
1616
1616
1616
16
Whispering H
ollow430
152278
510
3016
2832
3132
3232
3229
2929
2020
158
Woodbrook
401
391
00
01
11
11
11
11
11
11
11
11
1
Woodlands P
ark516
71445
13
72
87
84
410
27
88
88
88
88
88
88
88
88
88
8
BU
ILD-O
UT P
LAN
NIN
G A
RE
AS
Res. A
c.U
PA
Lots
Conceptual Subdivisions
Hudson R
anch 1,400
01,400
2020
2020
2020
2020
Trails of Cam
ino Real
3,4000
3,4004
610
1530
3030
3030
3030
30
Meadow
s at Buda A
partments (see 600 A
PTS
)0
0
00
00
Multi-Fam
il yA
ffordable Apartm
ents (.85 st per unit)600
0600
300300
Governm
ent Assisted (1 st per unit
00
0Total Q
uarter Closings
35,3347,170
28,164195
189283
327278
325353
297248
358372
436338
367378
366352
368357
350339
291299
582295
244242
529224
222221
222School Year Total
9941,253
1,4141,449
1,4271,511
1,310889
Actual C
losings
All subdivisions
highlighted in yellow
are located on the E
ast side of IH35.
Kyle eager for hospital-led development $438 million project would include medical center, shopping center.
Click-2-Listen
By Katie Humphrey AMERICAN-STATESMAN STAFF Friday, May 04, 2007
KYLE — A $438 million development could bring a hospital and shopping center to this rapidly growing Hays County city by 2010, under an agreement announced Thursday at City Hall.
In a letter of intent, Kyle council members supported the Seton Family of Hospitals' plan to build a 110-bed hospital on a 205-acre site at Interstate 35 and Bunton Creek Road that has been under contract since January. The hospital would open in 2010 and could be expanded to 210 beds by 2020.
Because the hospital and accompanying physicians' office complex would occupy only about 75 acres, Seton has joined SCC Development Co. in plans to build 900,000 square feet of space for national and local retailers. Preliminary plans would include a mix of large retailers, smaller shops and restaurants, said Kelly Shaw, a principal with SCC.
"We're very excited about the dual benefit for the City of Kyle," City Manager Tom Mattis said.
Officials said the deal would:
•increase the city's existing tax base by 40 percent, generating nearly $11 million annually in 2020.
•provide $70 million in annual tax revenue for the Hays school district over the next 20 years.
•have developers donate about 20 acres to the city for parks.
•add an estimated 4,600 jobs to the city, which bills itself as one of the fastest growing in Central Texas.
The letter of intent is not a formal agreement on plans for the development, which is contingent on Seton getting approval for the project from its parent company, Ascension Health in St. Louis, said Tom Gallagher, Seton's senior vice president of business development. Ascension Health will review the development plans in September, he said.
Page 1 of 3Kyle eager for hospital-led development
5/4/2007http://statesman.printthis.clickability.com/pt/cpt?action=cpt&title=Kyle+eager+for+hospital...
"We already serve a lot of you with our other hospitals, but this will be another opportunity to provide more direct service in the community," Gallagher told council members Thursday.
Under the agreement outlined in the letter of intent, Kyle and Hays County would build and improve roads and extend utilities to the undeveloped land. FM 1626, which runs west of I-35, would be extended east, and Dacy Lane would be improved.
As part of the deal, the city would would refund up to $2 of every $3 in sales tax revenue — the county would refund $1 of every $3 — generated by the development with Seton and SCC for the first few years of the project; the refunds would expire after 15 years.
It's not uncommon for hospitals to attract retail developments, said Charles Heimsath, a real estate consultant and president of Capitol Market Research. Many hospitals are close to professional office space, and stores catering to people making hospital visits, such as pharmacies and floral shops, also tend to be located nearby.
Flatrock Springs development near Marble Falls announced in May 2006 is another example of a mixed-use project that features a hospital. The Lake of the Hills Regional Medical Center is scheduled to open in early 2009 at Flatrock Springs, which also includes residential, retail and golf community.
Many Hays County residents travel to Austin or go to Central Texas Medical Center in San Marcos for health care.
Both Seton and St. David's HealthCare, which had about 50 acres under contract near I-35 and Yarrington Road, had expressed interest in opening hospitals in Hays County,which with 115,030 residents in 2005, grew 18 percent since 2000, according to census figures.
St. David's no longer has that land under contract, said Richard Hammett, vice president of strategic planning and development for St. David's.
"Our interest has not changed in Hays County, we're just trying to find another site," Hammett said.
Gary Jepson, president and chief operating officer of Central Texas Medical Center, said Hays County is growing fast enough to support two hospitals, but not three. Most of Central Texas Medical Center's patients are from the San Marcos area, but residents in Northern Hays County tend to go to Austin because it is closer, he said.
"I hope and believe at the end of the day that there is plenty of business here for everybody," Jepson said.
[email protected]; 445-3658
Hays County
hospitals
Central Texas Medical
Center, San Marcos
Page 2 of 3Kyle eager for hospital-led development
5/4/2007http://statesman.printthis.clickability.com/pt/cpt?action=cpt&title=Kyle+eager+for+hospital...
•Adventist Health System
•Established 1960
•Opened current facility 1983
•113 beds
Proposed hospital, Kyle
•Seton Family of Hospitals
•Projected opening 2010
•Full expansion by 2020
•110 beds with future expansion to 210 beds Find this article at: http://www.statesman.com/news/content/news/stories/local/05/04/4hospital.html
Check the box to include the list of links referenced in the article. gfedc
Page 3 of 3Kyle eager for hospital-led development
5/4/2007http://statesman.printthis.clickability.com/pt/cpt?action=cpt&title=Kyle+eager+for+hospital...
Friday, February 29, 2008
Hundreds of jobs may head for Hays Co. Austin Business Journal - by Kate Harrington ABJ Staff
Columbia, Md.-based U.S. Foodservice Inc. is talking with both Buda and Kyle about buying land to build a warehouse and distribution center, according to sources familiar with the company's search process. The facility could span between 250,000 square feet and 500,000 square feet, according to sources, and would initially bring about 300 employees to the area.
While U.S. Foodservice's manager of media relations, Philip Jones, declines to comment on the company's potential activity, sources say U.S. Foodservice is very close to making a deal to close on land in Kyle. Austin-based Site Solutions Inc. is acting as the broker for the company. Representatives of Site Solutions couldn't be reached for comment.
U.S. Foodservice is a food service distributor that employs about 27,000 people in 70 locations nationwide, with 250,000 U.S. clients that include restaurants, hospitals, hotels and schools.
Diana Blank, director of economic development for Kyle, says she can't comment on whether or not the city has been talking to or trying to recruit U.S. Foodservice, but says the city has been talking to a distribution company.
That company has also been having conversations with other cities, she says, and with Kyle has discussed the possibility of an incentive package. Blank says that company's decision as to where it will locate may come within a matter of weeks, but declines to say how much land the distribution company is looking for.
"It would be significant incentives, and significant employment," Blank says of the distribution company Kyle has been talking to. "They would pay high-end wages, and it would become our largest private employer."
In the past two years, Kyle city officials have approved incentive packages totaling close to $50 million in subsidies to attract approximately 4,600 jobs from the Seton Family of Hospitals, SCC Development Co. and local computer maker RSI Inc.
Warren Ketteman, president of Buda's Economic Development Corp., also declines to say if Buda has talked to U.S. Foodservice specifically, saying Buda often talks with many business prospects.
"This area will continue to see business prospects in all realms and, in particular, warehouse and distribution just because of where we're located," Ketteman says.
On Jan. 9, U.S. Foodservice announced plans to close its Mesquite plant by the end of March, eliminating 138 jobs. The company currently has one Austin location, on Springdale Road, and locations in Dallas, Houston and Lubbock listed on its Web site.
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Page 1 of 1Hundreds of jobs may head for Hays Co. - Austin Business Journal:
11/6/2008http://austin.bizjournals.com/austin/stories/2008/03/03/story1.html?t=printable
Pop-Facts: Demographic Quick Facts Report
Radius 1: INTERSTATE 35 AT GOFORTH RD, KYLE, TX 78640, aggregate
Radius 2: INTERSTATE 35 AT GOFORTH RD, KYLE, TX 78640, aggregate
Radius 3: INTERSTATE 35 AT GOFORTH RD, KYLE, TX 78640, aggregate
Radius 3Radius 2
0.00 - 7.00 miles0.00 - 5.00 miles0.00 - 3.00 miles
% % %Radius 1Description
Population
36,976 66,48050,946 2013 Projection
25,883 50,88737,462 2008 Estimate
7,507 26,07915,483 2000 Census
4,177 14,5357,960 1990 Census
79.72% 79.42%94.51% Growth 1990 - 2000
Households
11,090 20,58315,312 2013 Projection
7,775 15,80911,260 2008 Estimate
2,177 8,0694,521 2000 Census
1,143 4,6542,290 1990 Census
90.46% 73.38%97.42% Growth 1990 - 2000
2008 Est. Population by Single Classification Race 37,462 50,88725,883
18,763 35,99926,671 White Alone 70.7471.1972.49
1,280 2,0341,672 Black or African American Alone 4.004.464.95
184 452329 American Indian and Alaska Native Alone 0.890.880.71
108 345171 Asian Alone 0.680.460.42
5 309 Native Hawaiian and Other Pacific Islander Alone 0.060.020.02
4,653 10,3027,367 Some Other Race Alone 20.2419.6717.98
890 1,7251,243 Two or More Races 3.393.323.44
2008 Est. Population Hispanic or Latino 37,462 50,88725,883
11,797 23,18817,306 Hispanic or Latino 45.5746.2045.58
14,085 27,69920,156 Not Hispanic or Latino 54.4353.8054.42
2008 Tenure of Occupied Housing Units 11,260 15,8097,775
6,223 12,4609,211 Owner Occupied 78.8281.8080.04
1,553 3,3492,050 Renter Occupied 21.1818.2119.97
2008 Average Household Size 3.26 3.153.26
Prepared By: Prepared For:
31 OfPage Claritas Tech Support: 1 800 866 6511
© 2008 CLARITAS INC. All rights reserved.
Thurs Oct 09, 2008Prepared On:
Pop-Facts: Demographic Quick Facts Report
Radius 1: INTERSTATE 35 AT GOFORTH RD, KYLE, TX 78640, aggregate
Radius 2: INTERSTATE 35 AT GOFORTH RD, KYLE, TX 78640, aggregate
Radius 3: INTERSTATE 35 AT GOFORTH RD, KYLE, TX 78640, aggregate
Radius 3Radius 2
0.00 - 7.00 miles0.00 - 5.00 miles0.00 - 3.00 miles
% % %Radius 1Description
2008 Est. Households by Household Income 11,260 15,8097,775
504 1,359802 Income Less than $15,000 8.607.126.48
458 1,072696 Income $15,000 - $24,999 6.786.185.89
684 1,500995 Income $25,000 - $34,999 9.498.848.80
1,237 2,6231,785 Income $35,000 - $49,999 16.5915.8515.91
1,869 3,7202,693 Income $50,000 - $74,999 23.5323.9224.04
1,344 2,3891,833 Income $75,000 - $99,999 15.1116.2817.29
1,260 2,2411,809 Income $100,000 - $149,999 14.1816.0716.21
311 717494 Income $150,000 - $249,999 4.544.394.00
83 145116 Income $250,000 - $499,999 0.921.031.07
25 4337 Income $500,000 and over 0.270.330.32
2008 Est. Average Household Income $73,458 $70,267$73,772
2008 Est. Median Household Income $62,551 $59,077$63,436
2008 Est. Per Capita Income $22,321 $22,024$22,429
Prepared By: Prepared For:
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Thurs Oct 09, 2008Prepared On:
Pop-Facts: Demographic Quick Facts Report
Appendix: Area Listing
Radius Definition:
Block GroupType: Radius 1 Reporting Detail: Aggregate Reporting Level:
Area Name:
KYLE, TX 78640 -Radius
Latitude/LongitudeINTERSTATE 35 AT GOFORTH RD
0.00 3.00
-97.87102429.992515
Radius Definition:
Block GroupType: Radius 2 Reporting Detail: Aggregate Reporting Level:
Area Name:
KYLE, TX 78640 -Radius
Latitude/LongitudeINTERSTATE 35 AT GOFORTH RD
0.00 5.00
-97.87102429.992515
Radius Definition:
Block GroupType: Radius 3 Reporting Detail: Aggregate Reporting Level:
Area Name:
KYLE, TX 78640 -Radius
Latitude/LongitudeINTERSTATE 35 AT GOFORTH RD
0.00 7.00
-97.87102429.992515
1
967087144
Project Information:
Order Number:
Site:
Prepared By: Prepared For:
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