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EDC flags Highway 79/CR 132 intersection as key to retail interest; Spine Road funding and next council steps clarified
Summary
Economic development staff told the board that the design and timing for the Highway 79/County Road 132 intersection are critical to retail prospects at a major development, and summarized the Spine Road funding agreement and related documents.
Economic development staff told the Hutto Economic Development Corporation that the planned Highway 79/County Road 132 intersection is a gating issue for retail commitments at a major planned development and asked the board to help seek clear direction from city council.
Staff said the retail partner working with the Midway developer has asked for a clear, phased plan for the intersection because retailers will not finalize lease discussions until they understand access and timing. Staff described the intersection as "mission critical," and told the board the March 27 city council meeting is a target date for a council-level item to clarify the project's intent and phasing.
Funding and prior…
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