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What is in the Megasite? Hutto Mega TechCenter Size: 188 acres Expected investment: TBD HUTTO 132
Two projects are already con rmed for the 1,400-acre Hutto Megasite and will begin construction in 2023, but more than half of the acreage remains open for additional development.
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The available space is owned partly by the Hutto Economic Development Corp. and partly by several di er- ent families who originally owned the land. “This could easily dou- ble what we already have in terms of the tax base for Hutto,” Hutto Economic Development Director Bob Farley said. “That shifts some of the burden o residential … and creates more opportu- nities to take that money and reinvest in areas like parks.” Con rmed megaprojects The year 2022 saw the announcements of the rst two projects coming to the Megasite: an industrial park developed by Titan Devel- opment and a data center campus jointly developed by Skybox Datacenters and Pro- logis Inc. The 188-acre Titan indus- trial park, called Hutto Mega TechCenter, will feature industrial buildings used for storage, distribution and manufacturing. The park’s buildings will be cus- tom-made to suit the needs of speci c companies. Titan Senior Vice President Joe Iannacone said the Hutto Mega TechCenter will allow Titan to cater to companies that need larger spaces than those available in Innovation Business Park. “We’ll probably start out with our 200,000- to
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Total employees: TBD Construction timeline: Q2 2023-24 Description: Hutto Mega TechCenter will be an industrial park with buildings for companies to use as warehouse or manufacturing space. Joe Iannacone, senior vice president at Titan Development, said the sizable site will allow Titan to recruit companies that need large facilities.
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Undeveloped sections Size: approximately 992 acres Description: The city is working to recruit additional developments. These could also include hotels, conference centers and restaurants. New projects could be announced in early 2023.
[requests for proposal] that we’ve been going through there are more geared toward manufacturers and semicon- ductor-related-type users.” Skybox and Prologis’ 220- acre data center campus will consist of as many as eight data centers similar to Titan’s industrial buildings. Farley said possible clients for the data centers could include large tech compa- nies, such as Meta or Goo- gle, as well as more regional companies with substantial Skybox/Prologis Size: 220 acres Expected investment: $2 billion-$3 billion Total employees: 30-40 per data center Construction timeline: TBD Description: Skybox Datacenters and Prologis Inc. will build a data center campus with multiple large data center facilities as well as an electrical substation that will serve much of the Megasite.
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300,000-square-foot range, but we’ll also be submitting build-to-suit opportunities for users out to a million [square feet]-plus,” Iannacone said. With Samsung’s $17 bil- lion semiconductor man- ufacturing plant on the way in Taylor, just 4 miles from the Megasite, Iann- acone said he expects to see plenty of interest in the park from businesses peripheral to semiconductor manufacturing. “The big attraction we’ve got going on over there is … how close it is over to Sam- sung,” Iannacone said. “I would say that the preliminary SOURCES: CITY OF HUTTO, TITAN DEVELOPMENT COMMUNITY IMPACT
data operations. While the number of employees required at a data center is relatively low—Farley estimates 30 to 40 per center— he said the project’s bene t to the city will come mainly in the form of tax revenue. Farley estimated Skybox and Prologis’ investment could total up to $3 billion if they build all eight of the planned data centers. “It’s very investment- intense, which is great for the community, because it cre- ates lots of ad valorem tax, and it’s not generally a huge consumer of water and waste- water,” Farley said. On top of that, Hutto
City Council approved in November the creation of a TIRZ, or tax increment reinvestment zone, at the Megasite. City data shows the TIRZ could bring an additional $78 million in new tax revenue by 2047. Potential large projects With around 1,000 acres of land still available in the Megasite, the city is actively negotiating with di erent developers to bring additional projects to the site. Farley said the proximity of developments, such as Sam- sung and the Tesla Gigafactory east of Austin, means much of the interest in the Megasite is
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