Already one of the fastest growing suburbs in the state of Texas, Kyle is about to get even bigger. A new development sitting west of I-35, the Hays Logistics Center, might be the key to Kyle’s long-term future. When officials broke ground on the new 108-acre lot, they knew it was a step in the right direction. Now, as the first of two 200,000 square-foot buildings sets to open this winter, that dream is about to turn into reality.
(Image via haysfreepress.com)
Why does Kyle need the Hays Logistics Center?
Approximately 85 percent of Kyle residents commute outside the city, which is not an ideal situation. With that knowledge, the city began pooling resources to make a place where residents can enjoy a high quality of life while working within the city they call home. The development is one part of the city’s strategic economic development plan, which aims at creating high paying jobs in Kyle. The availability of rentable space enhances the ability of the city to attract employers.
How did it happen?
The new center would not have been possible without the triple freeport tax exemption. This tax means a business does not have to pay an inventory tax on qualified freeport goods that leave the state within a 175-day period. A vote by the Hays CISD back in 2017 paved the way for this tax exemption and the development.
Kyle, a place to call home.
Viewed as a turning point in the city, the Hays Logistics Center is scheduled to house Alsco. The uniform and workwear services company has already started hiring for their Kyle location and is one of the first companies to set up shop at the center. With so much invested in the center by the city and its partners, there are sure to be even more companies that look to call Kyle home.
In Kyle, family comes first, and that’s why this development means so much. The ability to live and work in the city of Kyle extends benefits to both employer and employee. With all that’s going on, there’s little wonder why Kyle, TX is Austin’s next in-demand suburb. This is the perfect time to make the move to Kyle, and Crosswinds has plenty of available beautiful new homes starting from the $200s. Contact us today to schedule a tour of our master-planned community, and connect with us on Facebook, Instagram and Twitter to get a glimpse at the Crosswinds lifestyle.