BY GRANT CRAWFORD & HALEY MCLEOD
Why it's special
What they're saying
Hutto attractions for retailers
After news broke of Samsung’s new location just outside the east edge of Hutto, the city has seen an explosion of growth in recent years, both commer- cial and residential. “We just waited until there were enough roof- tops, enough mouths to feed there to build,” said Jay Sears, a managing partner for the Townwest Commons development, in reference to the final building phase of the NewQuest retail center. As the chip manufacturer provided a catalyst for development in the area, the city of Hutto jumped at the opportunity, making the governing entity readily available to accommodate new businesses. Through the efforts of Hutto’s Economic Devel- opment Corporation, the city has been able to provide incentives for retail growth and streamline permitting processes for these businesses to open more quickly. City officials helped fast-track the opening of Academy, meeting weekly to resolve roadblocks and push the project forward, Sears said. Hutto is also a prime location for new business,
“I think it starts back to when Samsung announced their factory, but I've just seen that the demand and the number of calls that I received [for available property] have escalated tremendously in the last couple of years." JOSH FRIEDLANER, NEWQUEST PROPERTIES SENIOR VICE PRESIDENT
Population increase: Expected to reach 50,000 by 2025, 10,000 new rooftops by 2025
Median income: $107,000
Economic grants: $4M agreement with NewQuest
Tax incentives: $5M sales tax incentive agreement with NewQuest
Proximity to Samsung: $13.6B investment in 2022 to the local economy
Samsung job creation: 4,500 direct employees, 4,600 construction workers
“I think Hutto just grew faster than what anybody had anticipated. So we’ve gotta play catch-up, but I don’t think we should stop.” HEATHER HOPWOOD MACK, HUTTO RESIDENT
SOURCES: CITY OF HUTTO, IMPACT DATASOURCE LLC/COMMUNITY IMPACT
Top Notch owner Kelly Chappell said. “Geographically, it makes a lot of sense for my business. It is basically the border of Taylor, Pfluger- ville, Round Rock and Georgetown,” Chappell said.
Stay tuned
Construction of a new six-story parking garage is underway in The Co-Op, with an office building anticipated. Original plans for the area indicate multifamily housing; however, no new plans have been released for any residential projects.
national pet supply store. They also said there is potential for a national bank, a pizzeria and two dessert places. EVO Entertainment is expected to open in summer 2024. Construction of Chuy’s is expected to wrap up sometime in 2024. Townwest Commons has four retail spaces still available for lease.
The Hutto Economic Development Corporation works closely with developers to create the appropriate incentives for specific areas, ultimately bringing in the types of businesses sought by the community, Gamboa said. Meanwhile, Townwest Commons brokers have been negotiating a lease with Petco, a
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