PFLUGERVILLE, Texas (KXAN) — The city of Pflugerville signed off on a $1.38 million economic development deal Tuesday intended to bring in the city’s first hospital or a medical facility.
The incentive agreement is one piece of an extended process, including zoning changes and the creation of a “planned unit development,” or PUD, within which the medical facility would be built. The development area is located at the northwestern corner of Colorado Sand Drive and East Pflugerville Parkway in the Falcon Pointe neighborhood.
“This is the foundation, if you will, for adding a hospital.”
“We did a 380-agreement with the developer that provides incentives to them that the land there is sold for a medical facility or a hospital,” said Pflugerville spokesperson Terri Toledo. “This is the foundation, if you will, for adding a hospital” or medical facility. Toledo said it is not clear when construction would start.
The developer, Terrabrook Falcon Pointe, LLC, is expected to invest millions of dollars in land improvements and infrastructure on the site, according to the agreement. As part of the agreement, the developer must transfer 26 acres of land to an undisclosed third-party “for the purposes of the development of a regional hospital and associated medical office buildings, among other uses,” the agreement states. E. William Meyer is noted as the Senior Vice President of the development company.
In return for fulfilling the agreement, the city will provide a lump-sum grant of $1,387,318 to the developer. The development area is within the Falcon Pointe Tax Increment Reinvestment Zone.
The development deal generated concern among neighbors, when it included a gas station. Neighbors worried about the proximity of the gas station to a preschool, among other issues. The developer has since decided not to include a gas station, Toledo explained.