Developer submits second application for FM 685 development
HUTTO
BY CARSON GANONG
application. Pflugerville City Coun- cil voted to allow the application at a Dec. 13 meeting but will still need to approve it at a future meeting to be determined. Council previously voted to allow Fairfield to submit a PUD application, but it failed to pass after officials raised concerns over the development’s impact on the
nearby Ridge at Steeds Crossing neighborhood. The new application includes more commercial use along the frontage road, adjusted density for the multifamily component and addi- tional park space. The development as proposed in the new application would contain approximately 475 multifamily housing units.
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A proposed 12-acre mixed-use development at 21101 FM 685 in Pflugerville has another chance to move forward with developer Fair- field’s second application for planned unit development, or PUD, zoning. Since the proposed development is under 20 acres, City Council approval is required to submit a PUD
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INCENTIVE TO SWITCH With the approval of the agreement, Switch will receive half of the one-cent sales tax revenue it generates for the city of Round Rock for a period expected to last from 2027 to 2037, barring any future adjustments. Money generated annually by $80 million investment from Switch:
Officials approve economic incentive for Switch data center
property and customer equipment acquisitions. Assistant City Manager Brooks Bennett said the company plans to make a total of $250 million in investments to its facility under construction on the Dell campus over several years but agreed on a figure of $80 million by Dec. 31, 2026. The company would be reimbursed for 50% of the $0.01 sales and use tax revenue the city has not designated for property tax reduction or economic development. The facility under construction is expected to be a minimum of $150,000 square feet and employ 15 people, according to the city.
BY BROOKE SJOBERG Round Rock officials approved an economic development agreement with Switch Ltd. in a 7-0 vote Dec. 15. The agreement will see the data center earn back half of the sales tax revenue it generates for the city starting in 2027. As an economic incentive, Switch would be paid 50% of the $0.01 sales tax revenue remitted to the city by the Texas Comptroller of Public Accounts. In exchange, Switch will invest $80 million in real property improvements, business personal
$4.8M in sales tax due to the state
$1.2M (estimated) in sales tax due to the city
$400,000 (estimated) due to Switch
SOURCE: CITY OF ROUND ROCK/COMMUNITY IMPACT
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