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Titan Development and the City of Hutto Announce Land Purchase of ‘Hutto Mega TechCenter,’ a New Industrial Park in Hutto, TX

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Titan Development and the City of Hutto Announce Land Purchase of ‘Hutto Mega TechCenter,’ a New Industrial Park in Hutto, TX


188 acres of land earmarked for industrial improvement is located close to the newly introduced $17B Samsung semiconductor plant

HUTTO, Texas, June 8, 2022 /PRNewswire/ — Titan Improvement (“Titan”) and the Metropolis of Hutto, TX (“Hutto“), introduced as we speak Titan’s buy of ‘Hutto Mega TechCenter,’ from the Metropolis of Hutto. This land acquisition, which closed on Might 26, 2022, might be developed into Titan’s latest industrial park in Hutto, and follows Titan’s robust successes in industrial belongings in Texas and throughout the Southwest.

Located close to State Freeway 130, a toll street from North Austin to San Antonio, Titan and Hutto realized early on the chance for this prime location to develop into an industrial hub for corporations trying to increase or transfer into shut proximity to Austin. In October 2017, Titan Improvement broke floor on Innovation Enterprise Park and absolutely developed it in lower than three years. Following this success, Titan bought an extra 100 acres to increase the commercial park and has continued to satisfy the calls for of the trade by way of profitable improvement. Additionally demonstrating the world’s industrial increase is Samsung’s announcement in late 2021 that it’s constructing a $17 billion semiconductor manufacturing facility within the neighboring metropolis of Taylor. A number of different main expertise corporations are within the superior approval phases to doubtlessly develop multibillion greenback services in Hutto.

Joe Iannacone, Austin-based Senior Vice President at Titan, mentioned, “We’re excited to be growing new industrial properties at this very engaging location in Hutto. We anticipate this new industrial park will assist meet the growing demand by high-tech corporations and suppliers to find within the larger Austin space. Our new tenants Ovivo Inc. and Kval Inc. in Titan’s Innovation Enterprise Park, additionally situated in Hutto, are a testomony to the town’s enchantment as a lightweight industrial manufacturing hub.”

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Hutto Mega TechCenter is situated simply south of Freeway 79, adjoining to Hutto’s 450-acre mega website. The grasp website plan for this 188-acre industrial park, which is zoned as Mild Industrial, consists of buildings starting from 200,000 to 1,000,000+ sq. toes.

Hutto Financial Improvement Company (EDC) Chairman Mike Arismendez recommended the growth of Titan’s spectacular footprint in Hutto, noting how nicely it matches throughout the Hutto EDC’s imaginative and prescient of advancing progress and alternative. Hutto and its EDC are targeted on cultivating a progressive surroundings for tech-focused and light-weight industrial companies, amongst others.

“We’re thrilled with the success present builders and companies akin to Titan are already seeing right here, in addition to the continued progress and prosperity Hutto will get pleasure from within the coming years,” Arismendez mentioned. “Hutto is strategically constructing a tradition by which space companies help one another’s wants, their clients, and maybe most significantly the Hutto neighborhood.”

Bob Farley, the town’s financial improvement director, pointed to Hutto’s quite a few benefits for builders and prospects, together with being a transportation hub in a longtime, thriving neighborhood, and having an intensive quantity of prime land out there for improvement. The worth of Hutto’s most energetic financial improvement prospects presently run the gamut from a number of hundred million {dollars} to nicely over $1 billion and greater than 2,000 jobs, he mentioned.

About Titan Improvement
Titan Improvement is a number one Southwest full-service improvement and actual property funding agency with confirmed returns, by way of diversified asset lessons throughout assorted geographic markets. Titan has accomplished greater than $2.5 billion in venture price for the reason that agency was fashioned in 1999. Titan Improvement has a wealth of actual property improvement expertise in lots of asset lessons together with personal fairness fund funding and administration, and has workplaces in Austin, TX, and Albuquerque, NM.

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Titan Improvement just lately closed its third fund, Titan Improvement Actual Property Fund III (TDREF III) at $122 million in Might 2022, persevering with its profitable technique of specializing in multifamily and industrial investing in secondary and tertiary markets. Titan’s earlier fund, TDREF II, raised $95 million and has dedicated 100% of the fund to 13 tasks. Titan’s inaugural fund, TDREF I, raised $112 million and invested in a wide range of actual property asset lessons.

To be taught extra, please go to www.titan-development.com.

Media Contacts:
Lisa Baker
Lambert
[email protected] 
603.868.1967

Amy Calderon
Titan Improvement
[email protected]
505.917.5303

In regards to the Metropolis of Hutto
The Metropolis of Hutto is a full-service, home-rule municipality working beneath a Council-Supervisor type of authorities. Almost 40,000 individuals name this fast-growing neighborhood residence. Situated within the robust Austin-area jobs market, Hutto has been acknowledged as one of many most secure cities in Texas, a high place to boost a household, and interesting to younger {couples}. From its agricultural roots to its progressive financial improvement, the Metropolis of Hutto is targeted on offering a robust high quality of life for many years to return.

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To be taught extra, please go to www.huttotx.gov/edc.

Media Contact:
Allison Strupeck
[email protected]
512.759.4059

SOURCE Titan Improvement



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Austin, TX

Eminem to Headline 2024 Formula 1 U.S. Grand Prix Concert in Texas: ‘Dare Me to Drive?!’

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Eminem to Headline 2024 Formula 1 U.S. Grand Prix Concert in Texas: ‘Dare Me to Drive?!’


Eminem rode around Detroit in a 1976 Oldsmobile Delta 88 throughout 8 Mile, but he’s gonna need some new wheels to keep up in Formula 1.

Slim Shady has been announced as one of the concert headliners alongside Sting when the 2024 Formula 1 U.S. Grand Prix comes to Austin, Texas in October. Em is slated to perform on night two come Oct. 19. Sting is the other artist hitting the Germania Insurance Super Stage.

“‘Dare me to drive?!’ #Formula1 Austin TX 10/19,” he wrote to Instagram while quoting lyrics to his early-career anthems like “My Name Is” and “Stan.”

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Fans are excited to hear that Eminem will be returning to the capital of the Lone Star State. Day passes and general admission tickets are still available on Ticketmaster for $179 plus fees.

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“Bros gonna rap faster than them cars,” one person wrote. Another fan is making the trip from north of the border. “Travelling from Toronto for this. Can’t miss,” they added.

By the time October’s race rolls around, Eminem’s anticipated The Death of Slim Shady (Coup De Grâce) will most likely have arrived. The Detroit legend has promised that his 12th studio album will be released this summer. He kicked off the LP’s rollout in May with the nostalgic “Houdini,” which gave Em his highest-charting single of the decade when it debuted at No. 2 on the Billboard Hot 100.

The album will be Eminem’s first since 2020’s Music to Be Murdered By, which debuted at No. 1 on the Billboard 200 and earned the rapper his 10th consecutive chart-topper.

Find Eminem’s F1 concert post below.





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Austin New-School Barbecue Pitmaster Is Writing a Cookbook

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Austin New-School Barbecue Pitmaster Is Writing a Cookbook


The pitmaster of one of Austin’s best and exciting barbecue restaurants is going to be publishing a new cookbook. Evan LeRoy of new-school barbecue restaurant and food truck LeRoy & Lewis is writing New School Barbecue, which will publish sometime in 2026 under book distribution company Abrams Books.

The new book will include LeRoy’s techniques and recipes for cooking and smoking meats and vegetables with his new-school approaches pulling in techniques, ingredients, and flavors from around the world. The book will specifically include cauliflower and brisket, among other items. There will also be care taken to given information for all levels of cooks and pitmasters from beginners to experts.

This is LeRoy’s first cookbook, but not his first time sharing his cooking and smoking knowledge with the public. LeRoy & Lewis has a YouTube channel and Patreon membership service where he and the team share recipes and techniques. There’s also the New School BBQ University programs, with the next set of classes set for January 2025.

New School Barbecue is being co-written by Paula Forbes. She’s a noted cookbook author — she wrote the Austin Cookbook in 2018, collecting recipes from beloved restaurants and food trucks in the city; and most recently, she also co-wrote Cured: Cooking With Ferments, Pickles, Preserves, & More with San Antonio chef Steve McHugh, which published earlier this summer. She’s also the editor and writer of International Association of Culinary Professionals award-winning cookbook newsletter Stained Page News. And then she’s also an acclaimed food writer, as well as the founding editor of Eater Austin.

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The Publishers Marketplace deal report announcing New School Barbecue dated on June 17 notes that the sale is a pre-empt, which means that the book deal was made early in the process because it’s a wanted title. Behind the deal is literary agent David Hale Smith, a member of literary agency InkWell Management. He also works with Jordan Mackay (who, among other books, co-authored all of Aaron Franklin’s cookbooks: Franklin Barbecue, Franklin Steak, and Franklin Smoke) and Texas Monthly barbecue editor Daniel Vaughn.

LeRoy’s Austin barbecue career started as the founding pitmaster of now-closed restaurant and whiskey bar Freedmen’s in 2012. He left in 2016 with the goal of opening his own business. That ended up being the food truck version of LeRoy & Lewis, with co-owners Sawyer Lewis and Nathan Lewis (rounded out by Evan’s wife Lindsey LeRoy) in 2017. It won the Eater Austin Eater Award for best new food truck that same year. The four always had the goal of opening a physical restaurant, which finally happened earlier this February in Garrison Park.



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Three Austin area companies featured in Fortune 500 after impressive showing across Texas

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Three Austin area companies featured in Fortune 500 after impressive showing across Texas


As Austin continues to rise to prominence on the national stage, so too does its presence on lists like Forbes’ Fortune 500. 

The last decade has seen the city’s tech environment continue to flourish, garnering the nickname “Silicon Valley of the South.” As a result, Austin now is home to three tech companies in the Fortune 500. 

Here are the three Austin-Area companies that featured on the list of revenue giants, plus a look at how other Texas metros performed on the 2024 edition of the Fortune 500.

Austin-Area features three tech titans in Fortune 500

Austin icon Dell Technologies, now headquartered in Round Rock, slotted in at 48 on the Fortune 500. In the last year, Dell posted a revenue of $88 billion.

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Perhaps the most notable Austin HQ’d company, Tesla, was also the highest-ranked company on the Fortune 500. The most valuable car company in the world produced a revenue of $96.7 billion in 2023, this is an 18.8% increase from the prior year. 

Lastly, computer software company, Oracle, placed 89th on the list after generating a revenue of $49.9 billion in 2023 — $7 more than the company earned in 2022. The Austin transplant, which moved to the city in 2020, has posted record number in almost every year since moving to Texas’ capital.

While Oracle is currently located in Austin, it announced in April that it plans to move its headquarters to Nashville.

Texas metros boast a strong showing in Fortune 500

This year Texas was dethroned as the top state on the list. The Lone Star state’s West Coast rival, California, was featured 57 times in the 2024 edition of the Fortune 500. This is the first time since 2014 that the Golden State has topped the list, according to Fortune. Texas and New York tie for second, both with 52 companies.

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Houston was a stand-out city for Texas as it featured the third most Fortune 500 companies on the list, with 21 entries, led by oil giants like Phillips 66 and ConocoPhillips. San Antonio was featured just twice on the list, but it contributed one of Texas’ highest-ranked companies — Valero Energy. 

The Dallas-Fort Worth area was a big winner on the list. Despite multiple years of rocky headlines related to mass flight cancelations, Southwest Airlines found itself in the top 200. In Fort Worth, another airline featured as American Airlines, one of the highest-rated airlines in the country, came in at 86. 

The DFW as a whole featured 10 total companies, nine of which Dallas contributed. 

Fortune 500: Top 20 Texas companies

Below are the top Texas companies that made the Fortune 500 list and their rank:

  • 7: Exxon Mobil
  • 9: McKesson
  • 26: Phillips 66
  • 29: Valero Energy
  • 32: AT&T
  • 40: Tesla
  • 48: Dell Technologies
  • 51: Energy Transfer
  • 54: Sysco
  • 59: Caterpillar
  • 68: ConocoPhillips
  • 86: American Airlines Group
  • 89: Oracle
  • 90: Enterprise Products Partners
  • 92: Plains GP Holdings
  • 103: USAA
  • 120: D.R. Hortom
  • 137: HF Sinclair
  • 138: CBRE Group
  • 147: Hewlett Packard Enterprise

Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman. To share additional tips or insights with Salgado, email Bsalgado@gannett.com.



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