KYLE, Texas (KXAN) — A massive industrial building will be built in Kyle for the purpose of luring new business to the i35 corridor.
‘Kyle Crossing’ will be a 535,000 square foot, multi-use facility that can house almost any kind of business. The development, according to city and county officials, will make Kyle a viable destination for business looking to move or expand.
“This 40 acre site is about to be developed into two industrial, speculative facilities, and for the first time in the history of Kyle, we are going to have major presence in the industrial space,” says Kyle Mayor Travis Mitchell.
Still, no tenants for the new facility have been named.
“What you will find is that often times, companies want to go into existing space. So the city of Kyle misses out on opportunities to attract world-class business to our city because we don’t have space available to them,” added Mitchell.
The developer behind the building is Majestic Realty. Majestic Realty has developed scores of similar facilities all over Texas and the US.
Construction is set to start immediately and conclude by December 2019.