Fastest Growing News Organization In Texas Expands In Pflugerville
Community Impact Newspaper to make $2.5 million investment to construct a 16,000-square-foot building at 130 Commerce Center, located near the intersection of SH 130 and Pecan Street.
PFLUGERVILLE, Texas, Dec. 19, 2012 /PRNewswire-USNewswire/ — The Pflugerville Community Development Corporation (PCDC) today announced that in a joint meeting on Dec. 18, the PCDC Board of Directors and Pflugerville City Council approved an agreement to sell 5 acres of land at a discount to Community Impact Newspaper. The PCDC will also provide moving and development expenses to the company.
Community Impact plans to construct an approximately $2.5 million 16,000-square-foot, one-story office building at 130 Commerce Center, a 160-acre master-planned development located at the southwest corner of SH 130 and Pecan Street in Pflugerville. Community Impact will be considered an anchor tenant.
Community Impact co-founder and Publisher John Garrett said he hopes to complete construction and move his 60 Pflugerville employees to the new offices by the end of next year. Aday & Associates will be the general contractor for the project.
With 13 editions distributed to various communities around the state, the company employs approximately 90, with additional offices in the Dallas/Fort Worth and Houston metro areas.
Garrett said 130 Commerce Center provides immediate access to SH 130, and easy access to SH 45 and IH 35, allowing him and his staff to travel throughout the Austin metro area and beyond quickly and easily.
“We continue to support a true source of pride in our community. Community Impact Newspaper’s founders grew up here, went to Pflugerville ISD schools, and established their now extremely successful business in Pflugerville,” PCDC Executive Director Floyd Akers said. “Prospective employees, existing staff, advertisers and businesses from all over the state and even the nation will visit Community Impact Newspaper’s new first-class facilities here in Pflugerville.”
Community Impact Newspaper was founded in 2005 by Pflugerville natives John and Jennifer Garrett. The company, which has been on the Inc. 5000 list of the fastest-growing private companies in the nation for three consecutive years, is the fastest growing news organization in Texas.
“People recognize Community Impact as an innovative company. With our growing reputation in the state, I believe we will continue to represent Pflugerville very well,” John Garrett said. “We are growing rapidly and we need to be able to continue to grow without being landlocked. With this location at 130 Commerce Center, we have the flexibility to build a campus.”
When Community Impact relocates to 130 Commerce Center, approximately 10,000 square feet of space will become available for new or expanding businesses at 821 Grand Avenue Pkwy. in Pflugerville.
The PCDC launched 130 Commerce Center in October. Several developers are contributing to the project as the PCDC oversees development and sells tracts of land. While clean energy companies are a primary target, various types of industrial, office and retail tenants are anticipated.
This fall, the PCDC announced that EIEIO, Inc., with 30 employees and offices in Austin and New York, will relocate its corporate headquarters from Austin to Pflugerville next year. Civil engineering firm Renewable Resource Consultants LLC also plans to construct a 6,000-square-foot office/flex building. Developers broke ground in November on the first of six 120,000-square-foot light industrial/flex buildings, called “Pecan 130 Business Park” at 130 Commerce Center.
The PCDC bought the 160 acres to develop the site as a mixed-use development in 2008. Commercial real estate firm Don Quick & Associates, Inc. was later hired by the PCDC to help market and sell the land at 130 Commerce Center. Don Quick & Associates also offers space for lease at 130 Commerce Center through another developer. For more information, call 1-877-970-7232 (PCDC), visit www.130commercecenter.com or www.donquick.com.
About the Pflugerville Community Development Corporation
The Pflugerville Community Development Corporation promotes Pflugerville as a desirable place for new businesses to operate. The organization also supports existing businesses by helping to address their needs. PCDC can provide funding for use as an incentive to businesses to begin doing business in Pflugerville. PCDC funds, which are 4B money generated from a half-cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities and drainage projects. Located 16 miles northeast of Austin and just south of Round Rock, Pflugerville is well-situated in Central Texas. New state highways 45 and 130 and Interstate Highway 35 all offer direct access to other nearby cities and the region’s main airport. For more information, visit www.pfdevelopment.com.
Stansbury Public Relations
SOURCE Pflugerville Community Development Corporation