AUSTIN (KXAN) — Forty tennis courts, shopping, dining, offices and apartments — all expected to be part of a $1.5 billion dollar project the Cedar Park City Council greenlighted last week.
The Indigo Ridge project is expected to fill 155 acres on the northwest corner of Whitestone Boulevard and Sam Bass Road.
Its anchor tenant will be the United States Tennis Association’s Texas headquarters.
“It’s the biggest thing to ever happen to Cedar Park,” said Mayor Corbin Van Arsdale. He said it’s the biggest economic deal that’s ever happened in Williamson County.
With a minor league baseball and basketball team, and new sports facilities, the city is starting to rival neighbor Round Rock, which brands itself as the “Sports Capital of Texas.”
“I think it’s a friendly competition and actually feeds off each other,” Van Arsdale said.
Last year Round Rock reported economic activity from sports tourism brought in approximately $20 million.
So what do Round Rock leaders think of Cedar Park’s new project?
“Any sports related facility or event coming to the Central Texas area is great for sports tourism and the Sports Capital of Texas,” said Round Rock’s Sports Management and Tourism Director Chad McKenzie. “We look forward to watching the progress of this facility and working with USTA in the future.”
As part of the agreement, Cedar Park could give Indigo Ridge up to $60 million in tax breaks.
Construction is expected to begin in six months.