San Marcos - Buda - Kyle Edition | August 2025

Development

BY AMANDA CUTSHALL & JOEL VALLEY

Commercial tenants sought for 132-acre Kyle campus Officials with Austin-based Momark Devel- opment and Avision Young—a global real estate advisor—are working to find a suitable company that will fit a newly completed, 132-acre site in Kyle called Plum Creek: Innovation Campus. 1626 Plum Creek: Innovation Campus

Buda growth attracts industrial investment Alterra IOS, a Philadelphia-based investment, development and management company, recently acquired 3.5 acres at 168 Park 35 Cove North in Buda. United Site Services, a construction support company, occupies the property. The why Alterra IOS officials said Buda’s status as a high-demand economic hub spearheaded the purchase.

Peter Sherman, a principal with Avision Young, said in a news release the site features a newly expanded substation and comes with incentive opportunities. The details Damian McKinney, principal and managing director of Avision Young, added that the shov- el-ready site is ideal for those looking to establish headquarters. “We believe that this opportunity presents a variety of corporate uses,” said McKinney. “This site is well-positioned to be a central headquarters or corporate campus for the full 132 acres or can be divisible for use for smaller campuses.”

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Something to note Innovation Campus is walking distance to the upcoming retail district called The Shops at The Brick and Mortar District—a multiphase residen- tial and retail development. Nearing completion, the district will house the new Sprouts Farmers Market and the proposed sports complex.

Alterra IOS site acquisition

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PARK 35 COVE N.

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SAN MARCOS - BUDA - KYLE EDITION

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