Round Rock Edition | January 2022

2 0 2 2 A N N U A L C O M M U N I T Y G U I D E

Gaming company to bring 150high- paying jobs to city of RoundRock

Round Rock Chamber announces departure of CEO, appointment of interim OTHER STORIES TO FOLLOW IN 2022

FACTS OF THE DEAL The agreement between the Round Rock Transportation and Economic Development Corp., known as a Type B agreement, and Kingsisle Entertainment is set to bring jobs and real property investments to the city. 150

The Round Rock Chamber named Jordan Robinson interim president and CEO on Dec.16. Robinson’s appointment will be eective in January following the departure of

BY BROOKE SJOBERG

deal. Jordan Robinson, interim Round Rock Chamber president and CEO, said bringing technology and computing companies to the city is a strategic goal for Round Rock leaders. A representative of Kingsisle’s parent company, Gamigo, said the company closed Kingsisle oces in anticipation of locating a new home for the company headquarters. The new headquarters will be at 2700 La Frontera Blvd. in Round Rock. “We’re excited to solidify and grow Kingsisle Entertainment’s footprint in Round Rock while incorporating relocated sta from previous oces now decommissioned in the Bay Area, Austin and Plano,” Chief Gaming Ocer Merv Lee Kwai said in a statement shared by the chamber. The company was originally headquartered in Plano before being acquired by Media and Games Invest in January 2021.

ROUND ROCK City Council unanimously approved an agreement between the Round Rock Transpor- tation and Economic Development Corp. and Kingsisle Entertainment on Dec. 16. Video game developer Kingsisle Entertainment will invest a mini- mum of $500,000 on real property improvements and business personal property. The company has also agreed to bring 150 jobs to the city with an average salary of $85,000 over three years. The Round Rock TEDC will make annual incentive payments totaling $100,000 over the three years of the agreement once the company begins occupying the facility. The performance-based agreement allows for clawbacks, or stipulations requiring money be returned should Kingsisle not fulll its end of the

jobs over three years

$85,000 average salary

Jordan Robinson

$500,000 minimum in real estate property investments

President and CEO Jason Ball. Ball’s departure from the chamber was announced Dec. 2 in a statement that said he will be relocating to Lincoln, Nebraska, and leading the city’s chamber. In the release, Ball said working for the Round Rock Chamber during the COVID-19 pandemic and related economic recovery has constituted some of the best work he has ever done in his 14-year career in economic development. Ball joined the chamber in late 2019, and his nal day will be Jan. 30.

LA FRONTERA BLVD.

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SOURCE: CITY OF ROUND ROCK, ROUND ROCK CHAMBERCOMMUNITY IMPACT NEWSPAPER

ROUND ROCK EDITION • JANUARY 2022