Central Southwest Texas Development & Kyle Economic Development Host Kyle Crossing Phase II Groundbreaking

DATE/TIME: Tuesday, March 22 at 10 a.m. 

LOCATION: The groundbreaking will take place in the field by Marketplace Avenue and Farm to Market 1626. Attendees are asked to park at the Kohl’s parking lot, 20185 Marketplace Ave., where attendees can be safely escorted across the street. 

KYLE, TEXAS — Central Southwest Texas Development in partnership with Kyle Economic Development will be hosting a groundbreaking for Kyle Crossing Phase II on Tuesday, March 22 at 10 a.m.  

Kyle Crossing Phase II is a Central Southwest Texas Development project that has initiated a $90M capital investment in the Kyle area. Once fully operational, the project is estimated to generate roughly $1.2-$1.6 million in annual tax revenue.     

Speakers for the ceremony will include Project Developer for Kyle Crossing Phase II Travis Sawvell and Kyle Mayor Travis Mitchell.  

Kyle City Council approved a Chapter 380 agreement with Central Southwest Texas Development, LLC for Kyle Crossing Phase II project during the Thursday, Dec. 16, 2021, meeting.  

The development includes two tracts of land totaling 38.5 acres. The North Tract is 19.1 acres located at the southwest corner of Marketplace Avenue and FM 1626 and the South Tract is 19.4 acres and fronts Marketplace Avenue to the southeast of Physician’s Way.  

The North Tract will have up to 16 buildings with a courtyard and amenity center. Nine of the buildings will be restaurants or retail spaces while the remaining buildings are planned mixed-use (commercial/residential), with a cumulative minimum of 18,000 sq. ft. of commercial space. The South Tract will have a mixed-use, multi-family project with a minimum cumulative build-out of 15,000 first floor commercial space.  

"We're thrilled to break ground on Kyle Crossing Phase II," Kyle Mayor Travis Mitchell said. "This vertical mixed-use development will bring a tremendous amount of residential, hospitality, and retail as well as bicycle and pedestrian-friendly destinations to create a communal and economic hub for our residents and visitors.” 

Central Southwest Texas Development has committed to developing a pedestrian bridge or tunnel, connecting the northern parcel over the railroad tracks to allow for additional connectivity through Plum Creek, the Brick and Mortar District and the citywide trail system. The developer will also donate 3.56 acres of land to the city, located behind Target along Physician’s Way and construct material portions of the Vybe trail system.   

For more information about Kyle Crossing Phase II, go to https://property.jll.com/listings/kyle-crossing-sec-kyle-pkwy-seton-pkwy.  

The groundbreaking will take place in the field by Marketplace Avenue and Farm to Market 1626. Attendees are asked to park at the Kohl’s parking lot, 20185 Marketplace Ave., where attendees can be safely escorted across the street.  

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About Central Southwest Texas Development  

Central Southwest Texas Development, located in Austin, Texas, has been in existence for over 18 years. Since its inception in 2004, CSW has successfully completed more than 100 real estate projects, including several retail projects in the Kyle area, with a combined market value of over $1.2 billion.   Leading the marketing and leasing effort for the project is Jones Lang Lasalle, global real estate brokerage company. 

About the Kyle Economic Development Department     

The Kyle Economic Development Department was created in October 2005 as a key component of the Community Development Team. Kyle has experienced an exceptional amount of commercial and industrial growth since the Economic Development Department was created, including the development of over 2 million square feet of industrial facilities and the establishment of Kyle as a medical hub in Hays County with over 2 million square feet in medical facilities that have created over 2,000 medical-related jobs in the area. For more information, call the Kyle Economic Development Department at 512-262-3926 or go to KyleED.com.