KYLE — The Kyle City Council approved a development deal with incentives last week to bring a large-scale amusement facility to the city, which hasn’t been known for its broad palette of entertainment options.
The facility will be located in the Villages of Kyle Shopping Center adjacent to the Target store. It will feature a movie-theater complex, bowling lanes, video arcade, meeting rooms, and a restaurant.
“We are so excited to be able to bring this amenity to our residents,” Kyle Mayor Lucy Johnson said. “Our community is vastly underserved in the entertainment sector and this new business will go a long way to fill that gap.”
The city council voted unanimously to enter the agreement with Schulman Partners, LLP, during a special called meeting last week. The agreement includes property tax incentives and sales tax rebates, as well as waivers for the city’s development fees. The total value of the incentives is estimated to be $1.1 million dollars over 15 years.
“The Economic Development Committee (EDC) and city council looked long and hard at these incentives,” Johnson said. “We also believe that this facility will serve as a venue and destination for people throughout Central Texas and will be a tremendous attraction to bring visitors into Kyle and Hays County.”
Johnson added that she hopes the Hays County Commissioners Court “will support our economic development goals and participate in bringing in the largest indoor entertainment facility in Hays County’s history.”
Construction is expected to begin later this year and the facility could be open as soon as next summer.
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