Development
BY MICHAEL MILLIORN
H E B to give old Buda landll new life
The breakdown
H-E-B will repurpose at least 60% of its existing Buda store for new retail businesses within 18 months of the new store opening. The city of Buda and Hays County will provide H-E-B with $20.1 million in incentives to help o set the site’s estimated $30 million remediation cost.
A former landll site that has been vacant for decades will be home to a new H-E-B in Buda—about a quarter mile north of the current store, which will be repurposed for other businesses. City of Buda and Hays County ocials are partnering with H-E-B to develop the new store, which is expected to create at least 50 full-time-equivalent jobs within its rst year of operation. The partners conducted site reviews and will make environmental remediation repairs, according to ocials with the Buda Economic Development Corp., who noted construction will begin later this year. Ocials said H-E-B will also make roadway improvements following the completion of a trac impact analysis, including upgrades to the Old San Antonio Road connector.
OLD SAN ANTONIO RD.
New H-E-B
35
Current H-E-B
N
Landll remediation cost breakdown Rebates will come from sales and property taxes over 30 years.
$12.1M -City of Buda and Buda EDC
Total: $30M
$4M -Hays County $4M -Hays County Emergency Services District No. 8 $9.9M -H-E-B
A new Buda HEB will be located on the southbound access road of I35, north of Main Street.
MICHAEL MILLIORNCOMMUNITY IMPACT
SOURCE: BUDA ECONOMIC DEVELOPMENT CORP.COMMUNITY IMPACT
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