Staff Reports
HAYS COUNTY – On Thursday, Nov. 4 NorthPoint Development and Kyle Economic Development hosted a ribbon cutting ceremony for Plum Creek Industrial Center.
Located just west of I-35, Plum Creek Industrial Center has initiated a $66 million capital investment in the Kyle area and is expected to bring 1,001 new direct and indirect jobs. Once fully operational, the project is estimated to produce roughly $860,116 of annual tax revenue.
The event featured remarks from NorthPoint Development Chief Strategy Officer Jed Momot, Owner of Momark Development Terry Mitchell, Kyle Mayor Travis Mitchell, and Kyle Economic Development Director Diana Blank-Torres.
“Plum Creek Industrial Center wouldn’t have been possible without the strong public and private partnerships we’ve formed here in the City of Kyle,” said Jed Momot, Chief Strategy Officer for NorthPoint Development. “It has been a pleasure working with the City of Kyle and Kyle Economic Development to help boost the economic growth for the region.”
The development currently has six businesses including Outer AisleGourmet, Lanter Delivery Systems, Viking SupplyNet, American HVAC Metals Supply Inc., and Plastikon.
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Established in 2012, NorthPoint Development is a privately held real estate development firm that started out specializing in industrial and multi-family development. Since then, NorthPoint Development has grown to a family of ten companies with an emphasis on a factory-to-front door model. Our firm differentiates itself through a strong engineering and technical focus. We employ numerous civil, geotech, electrical, and industrial engineers, as well as logistics, labor, and incentives professionals. It’s estimated that their developments have created more than 73,000 jobs and supported more than 423 industrial partners across the United States. “Beyond the Contract” embodies the concept that no contract can be written to reflect everything that will occur in a complex real estate transaction. Their approach in all business relationships is to be fair and to operate by the “Golden Rule.”
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