Round Rock Edition | January 2024

Development

Hutto growth to boost tax revenue

What it means

Hutto’s growing business landscape impacts the city in more ways than one, officials say. With large retailers coming into the area, along with the addition of Samsung’s $17 billion semiconductor plant going up in Taylor, more job opportunities are expected to open up. City documents indicate build-out and occupancy of Townwest Commons is expected to generate $40 million in taxable revenue and 200 jobs. Heather Hopwood Mack, who has lived in Hutto since 2014, said residents now have shorter drives to get to the services they need. However, it has also increased traffic around Hwy. 79—something officials have their eyes on as more guests from out of town make their way to Hutto. Cheney Gamboa, director of economic devel- opment for the city of Hutto, said the impact on traffic flow is something officials are mindful of as they try to attract new companies into the area. “We’re moving past a self-sustaining process, and we’re able to bring people over and have them spend their time and their money here, too, and the city benefits from that,” Gamboa said.

Two areas of Hutto have seen growth in retail options and other business in the last couple of years, as developers for Townwest Commons and The Co-Op District—both located off Hwy. 79—have been busy turning dirt and constructing new buildings. Between the two shopping centers, dozens of businesses are now open and serving residents, with more expected to open in the coming year. Once finished, the centers will offer residents and guests entertainment options, places to dine and stores to shop. NewQuest Properties has made deals to

bring national retailers and venues, such as Academy, Lowe’s and EVO Entertainment, into the Townwest Commons center. Meanwhile, MA Partners has focused on creating a walkable mixed-use development. MA Partners Vice President Bob Wunsch said the group wanted to bring in “Austin-iconic” businesses, such as Top Notch Hamburgers and Jack Allen’s Kitchen. “We are trying to essentially build villages within villages … so that everything is pretty much walkable,” said Ashley Bailey, Hutto Development Services Department director.

9

15

1

10

8

11

13

2

5 3

6

130

12

7

4

14

79

Hutto

Hutto sales tax growth

MAP NOT TO SCALE N

Estimated

Townwest Commons & The Co-Op District

10M 12M

Recently opened Coming soon

1 Academy Sports + Outdoors 2 Top Notch Hamburgers 3 Southside Market & Barbeque 4 Einstein Bros. Bagels 5 AT&T Store

6 Swish Dental 7 B. Sweet Lash Wax & Med-spa 8 Hippo Splash Pad 9 Hutto City Hall 10 Jack Allen's Kitchen

11 Cocina Jalisco Sports Bar & Grill 12 EVO Entertainment 13 Petco 14 Chuy's 15 6-story parking garage

2M 4M 6M 8M

0

SOURCES: NEWQUEST PROPERTIES, MA PARTNERS/COMMUNITY IMPACT

SOURCE: CITY OF HUTTO/COMMUNITY IMPACT

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