Kyle Economic Development and HPI Announce Three Developments at Hays Commerce Center

Published:
Wednesday, June 2, 2021
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Hays Commerce Center Aerial - Credit HPI Real Estate Services & Investment

The City of Kyle Economic Development Department and HPI Real Estate Services and Investments have partnered to bring three major developments to the Hays Commerce Center creating an additional 380,000 plus square feet of commercial industrial warehouse and office space along the I-35 Texas Innovation Corridor in Kyle. 

Hays Logistics Center Building 2 is a 206,000 square foot development primed for large e-commerce distributors with features like cross-dock loading and unloading, 32-foot clear height and an ample truck court area for high-traffic distribution/fulfillment needs. Hays Logistics Center 2 is being developed in partnership by HPI and Hillwood Investment Properties.  

Hays Commerce Center Building 3 is a 68,240 square foot building with flexible speculative suites ranging from 11,800 to 68,240 square feet that is projected to be ready by the end of 2021. The building is suited for office and warehouse space needs with a 28-foot clear height, dock high doors and oversized loading ramps.  

Hays Commerce Center Building 4 is a 106,673 square foot building with 53,166 square feet available that is also projected to be ready by the end of 2021. The building will have a 32-foot clear height to allow for large inventory capacity, as well as dock high doors, oversized loading ramps and a 180′ Truck Court that spans between the Hays Commerce Center #3 and #4. HPI is the sole developer on Hays Commerce Center 3 & 4.  

“Our goal for Kyle is for it to be a place that’s more than home, which involves creating a thriving local economy that attracts quality businesses and employers so that residents can live and work in their community,” Kyle Economic Development Director Diana Blank-Torres said. “We’re excited to see the continued growth and availability of speculative space in Kyle because it only enhances our ability to attract and retain quality companies and employers.”   

“The diversity of space we are developing within Hay Commerce Center will allow us to accommodate a growing range of industrial tenants looking to service the Austin-San Antonio region,” HPI Industrial Project Partner Davis Bass said. “Having large bulk warehouse and manufacturing space, shallow bay flex space, as well as some dedicated retail pad, Hays Commerce Center will help create a thriving economy in the City of Kyle.”  

The entire Hays Commerce Center is 100-acres of parceled land situated right off Interstate 35 on the northwest corner of the City of Kyle. HPI Real Estate Services and Investments, in partnership with the City, broke ground on the project in 2018, with the intention to expand upon Kyle's already favorable business economy. With the flexibility to meet a wide-range of real estate needs — including commercial space for lease, purchasable land and full built-to-suit purchase options — the Hays Commerce Center is set to become a prominent mixed-use development at the center of one of the nation's fastest growing corridors.   

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.  

About HPI Real Estate Services & Investments 

HPI Real Estate Services & Investments is a full-service commercial real estate firm with over 40 years of experience as developers, managers, and owners of commercial real estate. Based in Austin, our overriding goal is to build lasting relationships with our clients through reliable expertise, professional integrity, and exceptional service. Our services include leasing, asset and property management, commercial development, tenant representation, multifamily development, and strategic investments. HPI has offices in Austin, Dallas, Houston, and San Antonio. For more information, visit www.hpitx.com.

About the City of Kyle  

The City of Kyle is located in the heart of the I-35 Innovation Corridor, just 26 miles south of Austin-Bergstrom International Airport & 50 miles north of San Antonio International Airport. Kyle is the second largest city in Hays County and is poised to become the largest — with a population that grew from 5,000 citizens in 2000 to just over 52,300 in 2020. We are the Pie Capital of Texas ™ and home of the annual Pie in the Sky Hot Air Balloon Festival.

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Hays Commerce Center 3 & 4 - Credit David Bessent Architects