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Council approves $1.5M performance-based grant for 25-acre 'Project Firehouse' commercial development

City of Cedar Park City Council · March 12, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council unanimously approved a $1.5 million performance-based economic development agreement with Headwater Capital Partners (Project Firehouse) to develop a 25-acre site at 1199 Fire Lane into roughly 265,000 sq ft of speculative commercial space, with obligations for road improvements and a minimum job creation target.

The City Council unanimously approved a performance-based economic development agreement with Headwater Capital Partners for "Project Firehouse," a proposed 25-acre commercial development at 1199 Fire Lane.

Arthur Jackson, the city's chief economic development officer, described the proposal: the developer would acquire the…

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