Weekly News

Hutto chooses developer for $105 million entertainment district

May 13,2017 14:21

The Hutto City Council plans to begin negotiations with a developer it selected Thursday night to bu...


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Claire Osborn
American-Statesman Staff

4:31 p.m Friday, May 12, 2017 Local News

City will begin negotiations with MA Partners on 25-acre site that could include a movie theater, City Hall.

Construction is expected to begin in 2018.

HUTTO

The Hutto City Council plans to begin negotiations with a developer it selected Thursday night to build an entertainment district. It will be on the 25 acres of land the city owns at the site of the original Co-op Gin.

Features could include a movie theater, a new City Hall, police station, office space, restaurants, a courtyard, an amphitheater and event space, according to a city news release. The council considered proposals from three companies in an executive session Thursday night before choosing MA Partners, a Central Texas company, to develop the project.

The other two companies that presented proposals were Keller Williams Realty and Titan Development.

MA Partners has developed several projects in Williamson County, including the Avery Ranch Golf Club, the East Williamson County Higher Education Center and the Texas A&M Medical School in Round Rock, the release said.

“We were impressed with MA Partner’s vision for the Co-Op District – their vision to create a place that our citizens can be proud of is very exciting’” said Mayor Doug Gaul in the news release.

Construction is expected to start in 2018.

“The approximate $100 million investment by the private sector coupled with a $5 million public infrastructure investment by the city will yield an approximate $44 million in new tax revenues over the next 10 years to the city of Hutto,” City Manager Odis Jones said in the news release.

The city bought more than 25 acres where the gin was located in 2004 to attract private investment to help develop the property into a mixed-use district, the release said. The site — northeast of the intersection of U.S. 79 and Exchange Boulevard — contains a cotton gin building used as an open-air pavilion and empty grain silos.

The city had a $13 million plan in 2010 to develop the site into a civic center and co-generation power plant, but it could not come up with the money.

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