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Kim Gatley
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enior Vice President & Director of Research at REOC Austin

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Commercial building permits in Kyle perking up again

A burst of residential development as Kyle’s population grew fivefold during the last decade has waned. But 2011 data shows the city has been issuing commercial building permits at a quicker clip.  The city issued 36 commercial building permits in 2011, and total taxable property has also increased from less than $1 billion in fiscal year 2007 to about $1.4 billion in fiscal year 2011.  Of about 75 commercial projects in the works last year, most were in the restaurant and retail trades.  More than 30 businesses opened last year including Panda Express, Little Caesars Pizza and CrossFit Kyle. Among the businesses that reported employment data to the city, 271 full-time jobs were created last year.

Click to read full article: Commercial building permits in Kyle perking up again (Austin American-Statesman, 3-11-12)

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