Download pdf - The Village at Kyle - Kyle, Texas | Economic Development · The Village at Kyle Executive Summary Introduction: The City of Kyle, Texas is located on Interstate 35, twelve miles south

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



•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



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.

[email protected] | (512) 494-2523

Welcome, [email protected] | Account | Email Alerts | Sign OutAustin Business Journal - March 3, 2008 http://austin.bizjournals.com/austin/stories/2008/03/03/story1.html

Sponsored by

All contents of this site © American City Business Journals Inc. All rights reserved.

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 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:

www.sitereports.com

www.claritas.com





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





www.sitereports.com

www.claritas.com


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:


Area Name:



0.00 5.00

-97.87102429.992515

Radius Definition:


Area Name:



0.00 7.00

-97.87102429.992515

1

967087144

Project Information:

Order Number:

Site:





www.sitereports.com

www.claritas.com