Did you know the Kyle Economic Development Department has a restaurant incentive program? It’s a new program from the city to entice new restaurants to open in Kyle. The program has been in effect for a little over 18 months.
City Council wanted to make the city more attractive to restaurants because the population has exploded to the point that they need more food options to match the growth.
What Is the Kyle Restaurant Incentive Program?
Taking advantage of Kyle’s restaurant incentive program means the restaurant will receive a 100% sales and property tax rebate. The program is capped at three years. They’ll also receive funding provided by a Chapter 380 development agreement with the city.
What the Chapter 380 agreement does is allow cities or counties to provide incentives to commercial or retail projects to spur economic development. The restaurant business is challenging during this time, especially for new ones. With a three-year cap, it should be enough to help the business get up and running long enough to solidify before the cap ends.
Restaurants Coming to Kyle Thanks to the Restaurant Incentive Program
Z’Tejas Southwest Grill is the first restaurant to take advantage of the new program. Z’Tejas serves southwestern food such as tacos, southwestern classics like fajitas and enchiladas, soups, salads, and desserts. They have a kid’s menu available.
Happy hour runs from 3 to 6 pm daily. Their drinks menu includes agave drinks, cocktails, tequila flights, wine, beer, and zero-proof drinks. They’re open for brunch on the weekends from 9 am to 2 pm.
The incentive also brings P. Terry’s and Torchy’s to Kyle. P. Terry’s has been working to expand throughout central Texas. The burger chain plans to open a stand on I-35 between Kohlers Crossing and Kyle Crossing. Their buildings use a theme that’s called Googie Architecture, which is a futurist architecture influenced by the Space age, atomic age, and car culture.
And Torchy’s Tacos needs no introduction as the taco chain has been a fixture in Austin for a while now. Soon, you’ll be able to enjoy Torchy’s without leaving Kyle.
Word on the street is that there are six more businesses that have expansion plans that will involve opting into the incentive! Meanwhile, check out these restaurants and give them a big Kyle welcome.