MA Partners as awarded the opportunity to enter into a public/private partnership with the City of Hutto in June of 2017. The general arrangement is for MA Partners to fund $6 million and construct a new City Hall for Hutto on the property, and in return, the City will dedicate the remaining property to MA Partners for planned mixed-use development. In addition, the City has funded $6 million and approved an $11 million PID/TIRZ to construct the horizontal infrastructure. Groundbreaking for the project was held in November of 2017 and vertical construction of City Hall is expected to begin in spring of 2018. MA Partners is in negotiations with several users with several initial lease agreements being drafted. The project will contain 220,000 square feet of office, retail, restaurants and a theater. In addition, there will be a hotel and multi-family site that will be sold.
