The Parke is the latest major retail project coming to Cedar Park. Endeavor Real Estate is planning to build a 380,000 sf retail center just north of Costco on the west side of 183A. The project will be anchored by Whole Foods new 365 Store. Other tenants include DSW Shoes, Nordstrom Rack, Dick’s Sporting Goods, Old Navy, and other nationally recognized retailers.
LiveOPs, a cloud based software development company, announced they were relocating their corporate headquarters and operations from California to Cedar Park creating over 150 jobs. Construction on their facility will commence in the first quarter of 2016.
Firefly Space Systems
Firefly Space Systems moved into 30,000 sf of space in La Jaita Business Park where they will design and manufacture missiles for the deployment of low orbit satellites. Firefly will employ up over 150 people once they are fully operational.
Voltabox is a subsidiary of Paragon AG, which is a tier 1 automotive supplier in Europe. Voltabox moved into their new 22,000 sf facility in June where they will design and produce high performance lithium battery packs for commercial applications ranging from public transportation to industrial equipment. Voltabox will employ 50 people. The facility will also serve as their North American headquarters.
The Texas Museum of Science & Technology leased 30,000 sf of temporary space on Toro Grande Drive last spring and opened with the exhibit “Body Worlds” which attracted over 50,000 visitors while in Cedar Park. Since opening they have added a Planetarium and 30 educational exhibits from Exploratorium a museum in San Francisco. The latest addition to the museum is a collection of more than 200 dinosaur fossils and casts valued at over $3.0 million that was donated to the museum.
Dana Corporation, a Fortune 500, opened its 16th global technology center in Cedar Park in the spring of 2014. At full ramp up Dana will employ more than 80 high-paying engineering and support staff jobs to the local economy. The center will help Dana fully leverage its strategic relationship with Fallbrook Technologies headquartered in Cedar Park. Dana has an exclusive license from Fallbrook to engineer and produce their continuously variable planetary (CVP) technology for use in light vehicle and certain off-highway transmissions. Dana plans to market the technology under the VariGlide™ brand name.
The largest Costco Wholesale facility in the Central Texas region opened in November of 2013 on the northwest corner of RM 1431 and the 183A Tollway. The 153,700 square-foot wholesale club membership retail facility is projected to generate over $130 million in annual sales, and features bakery, deli, meat, produce, bed and bath, electronics departments, as well as a gas station, optometry office, hearing aid center, pharmacy, tire center, and liquor store. Costco is the major anchor of the Cedar Park Town Center project, which has an additional 150,000 square of retail and restaurants including In-N-Out Burger, BJ’s Restaurant and Brewhouse, Chipotle Grill, Zoe’s Kitchen, Jersey Mike’s and At Home.
In November of 2012, Fallbrook Technologies relocated its Corporate Headquarters as well to Cedar Park from California. Fallbrook Technologies, which already employs over 75 workers at its existing research and development/fabrication/test and manufacturing facilities in Cedar Park, is a clean energy company that uses its propriety NuVinci® technology to improve the performance and efficiency of transmissions for the automotive, electric vehicle, bicycle and wind markets.
In February 25, 2010 Council authorized the City’s participation in the Texas Enterprise Zone Program. This program allows for municipalities to designate zones or projects for the State’s Enterprise program which provides tax relief for qualified applicants. ETS-Lindgren, and advanced manufacturer providing testing equipment to the wireless industry was the city’s first Enterprise Project. ETS-Lindgren has committed to over $6 million in new investment in the area, and will see its employment grow to 240 jobs.
HEB Center at Cedar Park
The $55 million Cedar Park Center opened on September 25, 2009 with a sold out George Strait concert. To date, the 6,800 seat multi-purpose event center owned by the City of Cedar Park has hosted more than 650 events with over 1,500,000 attendees in the first six years of operating. In March 2016 HEB entered into a naming rights agreement and the Cedar Park Center became known as The HEB Center at Cedar Park. The Texas Stars, American Hockey League affiliate of the Dallas Stars is the anchor tenant in the building playing over 40 home games a year. The Center is also the home of the Austin Spurs, the NBA D-league team of the San Antonio Spurs, who play 24 regular season games at the Cedar Park Center. The arena also hosts numerous family events, such as concerts/live entertainment, rodeo, ice shows, basketball, graduations and more.
1890 Ranch is Cedar Park’s largest lifestyle center, at just over 900,000 SF. 1890 Ranch opened in May 2008, and is anchored by Super Target, Cinemark Movie Theater, Office Max, Academy Sports and Gold’s Gym. The project was developed by Endeavor Real Estate Group of Austin, developer of the Domain, and is located at the intersection of 1431 and the new north/south commuter toll road, 183A.
Corvalent Corporation relocated all of their operations from Morgan Hill, CA in 2008 to Cedar Park, Texas. Corvalent Corporation occupies a 24,000 square foot building in Arrow Point Business Park and employs 50 knowledge industry workers. Founded in 1993, the company is a designer and manufacturer of PC-based embedded boards, motherboards and systems for embedded and industrial applications. Corvalent Corporation is a member of the Intel® Communications Alliance and an ISO 9001:2000 certified company.
Cedar Park Regional Hospital
Cedar Park Regional Medical Center, a joint venture of Community Health Systems and the Seton Family of Hospitals, opened in December 2007. The new hospital features state-of-the-art surgical suites and user-friendly patient rooms. The hospital employs over 600 healthcare professionals and operates 75 beds with the capability to expand to 150 beds in the future. Cedar Park Regional Medical Center boasts advanced surgical and patient facilities, emergency facilities and physicians in over 25 specialties.