Pflugerville - Hutto | January 2024

BY BRITTANY ANDERSON

Developing Round Rock, Pflugerville and Hutto

Put in perspective

The impact

3,300+ acres zoned for industrial 3,200+ acres zoned for commercial 3,000+ acres zoned for mixed-use

Tesla and Samsung in particular have drawn tenants to SH 130, said Leigh Ellis, a principal with Austin-based real estate firm Aquila Com- mercial. The corridor’s vicinity to roadways like RM 1431, which has an eastern terminus off I-35 in Round Rock, provides further connectivity to communities such as Cedar Park and Leander. “It’s very strategic to get to that northwest side that has never really been set up for industrial,” Ellis said. One of the largest appeals to the area, Round Rock Chamber President and CEO Jordan Robin- son said, is the connection SH 130 provides to the Austin-Bergstrom International Airport. “Having quick access to an international airport is extremely important for many of these businesses to make sure they can get around,

A December 2023 report from economic organization Opportunity Austin showed the Austin-Round Rock Metropolitan Statistical Area had the best performing economy among the 50 largest metros in the U.S. in 2022. The professional services sector had the most impact on the metro’s gross domestic product growth, with hospitality and retail business contributing. As developers continue to seek space along SH 130, Robinson said Round Rock might be able to annex land along the roadway into its city limits. “With any major development, there are power and utility needs, so the city of Round Rock has been planning for the future to ensure when that development does come to our community, we are well prepared to service those residents and businesses in the form of utilities,” she said.

SOURCES: CITIES OF ROUND ROCK, PFLUGERVILLE, HUTTO/COMMUNITY IMPACT

especially as there are global companies that are growing and moving here,” she said. The growing road network also improves labor pools and the overall quality of life, added Bryan Baynton of Titan Development, an area developer of projects such as Hutto’s MegaTech Center and Innovation Business Park.

In their own words

Austin metro’s largest industry sectors in 2022

“The growing population in Round Rock is a valuable labor pool for companies moving to the area, making it a key growth market for Austin. … Such balanced growth is crucial, oering both

“The foresight for SH 130 has led to massive economic benets. As Austin has continued to expand, the corridor has allowed for a viable alternative of growth outside of the north-south pattern along I35 … providing further connectivity between the cities along Austin’s perimeter.” BRYAN BAYNTON, TITAN DEVELOPMENT SENIOR DEVELOPMENT MANAGER

6%: Retail trade

4%: Hospitality

7.5%: Manufacturing

35.5%: Other

7.7%: Information

tenants and the community access to vital amenities.” BRIAN STROHL,

19.1%: Financial activities

20.2%: Professional/ business services

LINK LOGISTICS CENTRAL REGION DEVELOPMENT SENIOR VICE PRESIDENT

SOURCE: OPPORTUNITY AUSTIN/COMMUNITY IMPACT

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PFLUGERVILLE - HUTTO EDITION

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