Newspaper Archive of
Hays Free Press
Kyle, Texas
Lyft
May 1, 2003     Hays Free Press
PAGE 3     (3 of 12 available)        PREVIOUS     NEXT      Full Size Image
 
PAGE 3     (3 of 12 available)        PREVIOUS     NEXT      Full Size Image
May 1, 2003
 

Newspaper Archive of Hays Free Press produced by SmallTownPapers, Inc.
Website © 2019. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.




May 1, 2003 Editorial Page 5 Kyle remains'open for business' BY TOM MATTIS Kyle City Manager n spite of a level economy .throughout Central Texas, the City of Kyle continues to expe- rience steady progress and pos- itive development of its busi- ness community. Although the residential construction indus- try is obviously thriving in our area, there are also a number of significant new commercial projects underway or in devel- opment within the City: Proposed HEB Project - The city continues to hear slow, but steady progress on the proposed retail center at FM 150 and IH- 35 that will be anchored by an HEB supermarket. In addition to HEB, the project envisions an additional major retailer, a small strip center, and six pad sites adjacent to FM150 at the front. Barshop & Oles of Austin, the developer of the site, has most recently told city officials that they are "still moving for- ward (on the project) but the whole process is just taking a little longer than planned. (However), none of (the delay) is due to any lack of enthusiasm on HEB or our part about Kyle. ...We are also working out our final site plan and correspond- ing mitigation plan for some wetlands located about where the HEB will sit." The plans call for submission of a proposed site development plan and request for commercial overlay approval in May; and for same to be considered by the Planning and Zoning Commission (P&Z) and City Council in June. From there, the developers say they will need "at least 90 days of site work before we can begin construction of the buildings themselves ..." Optimistically speaking, it may be possible for construc- tion on this project to begin by the end of this year. Other Major Retail Development City officials have met with representatives of the Carnegie Development Corporation to discuss possibilities for a sub- stantial commercial/retail pro- ject at the southwest corner of the IH-35 and CR 210 intersec- tion. The Carnegie group has obtained an option on approxi- mately 97 acres of land and has developed an initial conceptual plan that will accommodate two major retailers and various sup- porting businesses. Carnegie is currently in negotiations with the potential "anchor retailers" and the city should be able to learn more about this project within the next 30-60 days. Daywood Business Park - Longtime Austin area real estate agent/developer Carl Daywood has recently received approval of a preliminary plat for the development of a busi- ness park on a 40-acre tract on CR122 at the northeastern por- tion of the city. Current plans call for a phased development of a restricted business pad( that will provide economic develop- ment opportunities in a quality setting. The developer's goal is to create a first class business park for small and medium businesses who wish to locate in a small community, helping the expansion of Kyle's tax base with minimum impact on the community. Phase 1 of this project is currently being marketed and the developer hopes to begin construction by the end of the year. Plum Creek Square - Construction has begun on this project which is a mixed-used located adjacent to FM 2770 at the main entrance of the Plum Creek development. The Square is the home of the offices of Eddie Hebert, State Farm Insurance and Central Texas Technologies. This project calls for the construction 23,000 square feet of commercial space in eight different buildings. The Central Texas Medical Center will be the occupants of the first three buildings that are currently under ..... c0nsruei0ii.' Negotiations and other market: ing efforts are currently under- way with hopes to attract vari- ous food services and profes- sional offices. While future construction will be market-driven, the developer plans for this project to be complete within a year. Other On-Going Commercial Projects: Kyle Interstate Business Park - This project is another small business park located immediately adjacent to IH-35 in the southeastern portion of the city. Currently under devel- opment, 10 commercial lots will be available on this 14-acre tract to small, community- friendly businesses. New World Bakery - Already completed and in oper- ation, this project saw the relo- cation of a commercial bakery operation to the city from Austin. A 12,000 square-foot facility was constructed as part of this project in the Edwards Industrial Park, on the final available lot in this business park. M-Y Construction Retail BuiMing - Also already under construction, this project is cur- rently designed as a four-unit retail/commercial building on FM 2770 at Hall Professional Center. Initial plans are for a restaurant, with the remaining space currently being marketed for retail and/or professional office space. Construction should be complete within the next 30-60 days. Brooks Express Care - The City has received a proposed Site Development Plan for an express car care facility that will be located just east of the intersection of FM 150 and FM 2770 in the northwestern por- tion of the City. Patriot Auto Mechanic Shop -Also currently under con- struction, this project is being developed for the relocation of an existing retail auto mechanic shop from Austin to Kyle. This facility will be located at 100 Bunton Creek Road. Janosek Rent-All - Currently under review by the P&Z and City Council, this pro- ject has been proposed for the construction of a 4,000 square- foot building on Highway 81 in the downtown Kyle area. Current plans are for the con- struction of an equipment rental facility. Domino's Pizza Franchise - While no specific plans have been submitted, city officials and local real estate agents have been working with representa- tives of Domino's Pizza to meet their desire to locate a new fran- chise in Kyle. While these projects repre- sent the majority of on-going retail business ventures in Kyle, there are many other opportunities being discussed and considered. In addition, the city's recent annexation of properties adjacent to the IH- 35 corridor has greatly expanded Kyle's economic base through the addition of existing businesses into the city limits, including the Tex- Best Travel Center, Burger King restaurant, Best Western motel, Wackenhut Corporat- ion, Patriot Erectors, Miscellaneous Steel Inc, Sunbelt Rentals and Prime Self-Storage among others. Continued quality growth of the city's business community in this manner not only pro- vides residents with desired products and services, but also strengthens the tax base to support all public services. To THE EDITOR: I am appalled at the recent vicious and unwarranted attack that has been levied against Joe Graham in the school board election,. This has been an unprecedented .attaek,on.,a,,man who,has given his life to children through education in adedicated and honorable manner. When this school district--HCISD---was formed in the 1960s it was done with the goal to give each child the opportunity to attain a better education. The district was a growing district--yes, growth is not a new concept for the Hays District--and it was built on trust and account- ability. When Joe Graham came to the Hays District in 1980, he brought with him professionalism and a gen- uine concern for students as well as honesty and integri- ty-furthering that trust in the school district. As a high school principal, it was evident that he was ever the encourager to the students and supported them as well as the district as a whole. As a personal friend, t can attest that Joe Graham is what you see--honest, straightforward, responsible. What he will bring to the board will be common sense, responsibility and accountability. I urge you to join me in supporting Joe Graham for the school board. --GENE JOHNSON, Kyle pd. pol. ad by Gene Johnson, Kyte, TX for BUDA CiTY COUNCIL www.BudaTx.com * New Ideas Common Sense Approach Financial Responsibility (wants vs. need}) Value Citizen Views Plan for Buda's Future Married Family Man with Children Served Our Country in the U.S, Army, Texas National Guard and Navy Reserve Program Managing Cost Reduction Initiatives at Dell computer I'd appreciate your vote on May 3! Even if you don't vote for me, GO VOTE!! I believe in keeping costs down for Buda citizens. --No campaign contributions accepted-- Happy Birthday Hilary Jean! So Talented & Youthful Love, from all of us... J 424 N. Loop 4, Buda, Texas 512-312-5252 Barbara B. ;::uch, GRI, CRS Residence 312-0004 Ann-Marie Pecuch Sheely, Esq. Residence 312-1944 Mike Colonnetta 496-8457 # This Mother's Day, Give a Gift That Lasts t's almost Mother's Day. This year, instead of giv- ing Morn flowers or candy (or at least in addition to the flowers or candy) why not give a gift that can last? Specifically, why not help your mother, or your grandmother, improve her financial picture? Of course, you could always just give a gift of cash, but there are many other ways to help out. You could, for example, give stocks. It isn't much more difficult than giving cash, but you do have to keep a few things in mind. Make sure you know what you originally paid for the stock (its "tax basis"), how long you've held it and its fair market value at the date of the gift. You'll also need to determine if you have to pay gift taxes. (You can give up to $11,000 per year, free of gift taxes, to as many people as you want.) Your mother will need this information to determine gains or losses when she decides to sell the stock you've given her. Both you and your mother can gain valuable tax advantages from your gift of stock. When you gave your mother the stock, you also gave her your "hold- ing period" -- the amount of time you've held the stock. So, even if she only owns the stock for a day or so before selling i t, she'll just have to pay the long- term capital gains tax rate, which may be consider- ably lower than her current income tax rate. And by giving your mother the shares of stock, you will also benefit - because you'll avoid the capital gains taxes you'd have to pay if you sold the stock yourself. However, before taking any action, consult with your tax adviser to discuss these issues. As an alternative to giving your mother shares of stock outfight, you might also consider contributing to her IRA. She can put in up to $3,000 per year to a Traditional or Roth IRA -- and, if she's 50 or over, she can add an extra $500 in "catch-up" contribu- tions. If your mother is elderly and has health issues, she may be dealing with the high cost of prescription drugs. If so, consider taking over some of her phar- macy bills. You can make it easy for her by setting up a credit account, in your name, at her local pharma- cy. Here's another health-care-related issue you might want to think about: long-term care. Your mother may never need to enter a nursing home, but it's still a possibility for which you'll want to be pre- pared, especially when you consider that the average cost of a year's stay at a nursing home is now around $50,000. And in some cities, it can cost almost twice that amount. To help protect your mother's financial indepen- dence, you may want to encourage her to transfer the risk of paying for exorbitant long-term care costs to an insurance company. By purchasing a long-term care policy for your mother, you can cover nursing home stays, home health care and othe r costly ser- vices. If you're pondering this move, though, don't wait too long, because premiums increase with age. By pursuing any of these ideas, you can provide your mother with a Mother's Day gift that can last long after the flowers have wilted and the candy is eaten. And if you don't want your father to get jeal- ous, you could use all these suggestions to give com- bined Mother's and Father's Day presents. Janet Ross Investment Representative 251 N. FM 1626 Buda, TX 78610 Bus: 512-312-2840 or Toll Free 888-312-2840 Member SIPC Edward Jones I I HARD WATER PROBLEMS! i CALCIUM DEPOSITS, LIME SCALE OR WATER SPOTS ? Try GI,,IX'S WATER TREATMENT Uses No Salts or Electricity 90-DAY MONEY BACK GUARANTEE. Product Lifetime Warranty RESIDENTIAL AND COMMERCIAL Applications Include Hot Water Heaters, Dishwashers, Fountains, Coffee Makers, and Ice Machines. ELLISCI,q CONTRUCTION (. 00OMPANY BUDA, TEXAS 7 8 6 10 EDDIE AND SYBIL ELLISON (512)295-264=4=