When you buy within Cedar Park city limits, you’re investing in your community. Two cents of local sales tax for every dollar you spend with retailers and restaurants located inside Cedar Park’s city limits go right back to the City of Cedar Park. This helps the City rely less on property taxes, resulting in a lower City property tax rate. Last year alone, buying in Cedar Park brought about $30 million in local sales tax revenue right back to Cedar Park.
Love your City limits
Love your City limits
Cedar Park has grown by leaps and bounds over the past few decades. But some places that have a Cedar Park address are not actually located in Cedar Park. The Lakeline Mall and Lakeline Market areas at US 183 and Lakeline Boulevard, for example, fall within Austin’s city limits – even though they have a Cedar Park mailing address. This means that when you buy at those stores your local sales tax does not come home to Cedar Park. Click here to view map of shopping centers in City limits.
If the retailer you are buying from has a store or business presence in Texas, the retailer will remit or send tax dollars to the city where your mailing address is located. For example, when you place an online order with most “big box” stores you see in Texas, or even Amazon, which has fulfillment centers in Texas, two cents of the sales tax you pay is remitted to Cedar Park.
Buying in Cedar Park also supports the local economy – from thriving small businesses to major retailers and restaurants. It also keeps jobs and family fun close to home. Any way you look at it, buying in Cedar Park matters! It builds a better, stronger Cedar Park!
Where does your 2 cents go?
One cent goes to the City’s General Fund to help fund essential services such as Police, Fire, Parks and our Public Library.
A half cent goes to Community Development for local enhancement projects such as road and intersection improvements, parks improvements and even the Bell Boulevard Redevelopment Project.
Three-eighths of a cent goes to Economic Development to help recruit and retain more businesses as well as support our City-owned H-E-B Center.
One-eighth of a cent goes to the Stormwater Drainage program to prevent future flooding and protect our stormwater drainage infrastructure.
The pennies add up! One cent of sales tax goes straight to the City’s General Fund to help offset the City’s reliance upon property taxes for its day-to-day operations. Just a few examples of services in the General Fund (click on an image to view more details):
RedLeaf is currently constructing the street, utility, and floodplain improvements for Phase 1The Library began construction in December 2022. The first apartment/retail block has submitted a site plan and is scheduled to begin construction in Late 2023. RedLeaf is developing design plans for the Backyard, starting construction late 2023/early 2024.
Cost: $24.5 million (4B contribution)
Status: In Design
Estimated completion: 2024+
Transitioning into Design Development phase of design process. Planned commencement of construction in Fall 2023, with completion in Fall of 2024 to coincide with opening of new Library facility. Design of Iconic Play Structure has begun with MONSTRUM.
Cost: $3.3 million (4B contribution)
Status: In Design
Estimated completion: fall 2024
New 8’-to-10’-wide concrete shared-use trail along the north fork of Brushy Creek Road, approximately 3 miles long, starts near West Parmer Lane (FM 734) and East Whitestone Boulevard (RM 1431) and extends south, will connect to the existing Brushy Creek Regional Trail near Brushy Creek Road as part of the regional trail system. Contractor, materials testing firm and 3rd party inspection Rep selected. Construction is prepared to begin pending bonds and contract selection.
Status: In design
Estimated completion: Early 2024
Phase 56 complete summer 2021, with change order locations added in Caballo Ranch and Twin Creeks. Phase 6 design consultant selected, project anticipated to be bid-ready by end of 2023. Construction is projected to begin in early 2024.
Expansion of bike lanes/restriping roads. Phase 1A complete. Phase 1B project on hold pending final Mobility Master Plan recommendations. Once Mobility Master Plan study is completed and plan is finalized, project will resume in accordance with its bike lane recommendations.
Status: Phase 1A complete, with actual cost at $122,963.35.
Remaining funds will go towards Phase 1B.
Completed: spring 2021 (Phase 1A)
Improved right turn lane from southbound Bell Boulevard onto Cypress Creek Road. Project was completed along with the final paving and pavement marking operations of the Bell Blvd. Realignment project.
Cost: $400,000 (spent $152,254.96)
Status: Completed in sjummer 2022.
The End of Mining Plan, which includes rough grading plans based on anticipated quarry activity (extraction, processing and fill) through June 2023 and also includes a conceptual access and circulation network that aligns with the proposed grading work to support future redevelopment, was completed in 2022. To facilitate redevelopment of the quarry, the City executed a new lease in December 2022 allowing Ranger to perform reclamation services, in addition to continuing the existing trucking operation. Ranger will also be required to provide security and maintenance of the quarry during the term of the lease. This new lease is proposed to become effective July 1, 2023 and be valid for a period of up to ten (10) years.
Status: End of mining plan completed 2023.
4B Community Development funds from local sales tax to transform the crushed granite trail into a more permanent concrete trail and build a pedestrian bridge.
Economic Development Projects
Cedar Park gets business, thanks in great part to local sales tax. Your local dining and shopping helps us invest in Cedar Park as the next major job center of the region. Here are just a few of our major Economic Development projects over the years.
CPM Development, LLC plans to invest a minimum of $400 million to build a hotel and convention center anchored by superregional retail and entertainment destination NFM (formerly Nebraska Furniture Mart). At a minimum, the company plans to build:
A full-service, 250-room hotel
30,000 square feet of convention space to be owned by the city
250,000 square feet of high-quality commercial development
500,000 square feet for a NFM (Nebraska Furniture Mart) retail store
700,000 square feet of warehouse space to service NFM retail store
Status: Contingent upon the State of Texas approving state tax rebates for the project, construction could start as soon as 2024. NFM has stated that it tentatively plans to open in 2025.
Perfect Game, the world’s largest and most comprehensive youth baseball and softball scouting organization, will develop, operate and maintain a headquarters that will include a baseball and softball tournament complex with sixteen (16) turf ballfields with seating and related amenities.
Status: Construction of the facility is expected to commence by June 1, 2022 and completion is expected by March 1, 2024.
Shop LC, the value leader in the electronic retailing of jewelry and lifestyle products, will develop, operate and maintain a minimum 200,000 square-foot facility that will act as their new national headquarters.
Status: Construction of the facility is expected to be completed by September 30, 2024.
The City of Cedar Park-owned H-E-B Center opened as Cedar Park Center in 2009 with a $43 million Economic Development investment funded by local sales tax. It is now home to the Calder Cup-winning Texas Stars Hockey team (affiliates of the NHL Dallas Stars) and the NBA G-League Championship-winning Austin Spurs (affiliates of the NBA San Antonio Spurs basketball team). The multi-entertainment complex is host to several sold-out events throughout the year, ranging from major concerts to rodeo to ice skating performances. H-E-B Center provides an estimated 150 jobs with an estimated payroll of $4.5 million and estimated sales tax of $1 million annually.
In 2020, the Economic Development Corporation partnered with the Cedar Park Chamber of Commerce on the creation of a Small Business Assistance Program to assist Cedar Park businesses impacted by COVID-19. The program awarded $200,000 in small business grants to 63 Cedar Park Businesses.
240 Tech is a California-based high speed direct-to-garment printing company and has expanded its business to Cedar Park. 240 Tech, a leader in the digital garment printing industry, is expanding from Santa Ana, CA and will lease and operate a 9,240 square-foot facility in La Jaita Business Park. This secondary headquarters expansion will be a research and development facility that will add 35 jobs with an average salary of $80,000. 240 Tech recently deployed the impressive Ovaljet, an industry-disrupting direct-to-garment (DTG) printer producing over 300 full-color digital prints per hour on dark garments. OvalJet’s closed loop technology moves each garment through a carousel of automated stations that prepare and print garments in one smooth motion. This allows a single operator to achieve full-size, full-color prints at unparalleled DTG speeds.
1890 Ranch was Cedar Park’s first major shopping and family entertainment complex anchored by nationally-known retailers including SuperTarget, Cinemark Theaters, Academy, Office Depot, Ross and Hobby Lobby – just to name a few. It also brought some popular fast dining options to Cedar Park such as Longhorn Steakhouse, Logan’s Roadhouse, Chick Fil-A, and Carl’s Jr. 1890 Ranch was funded by an Economic Development investment of $26,000 in project incentives with a $20 million Chapter 380 agreement – all funded by local sales tax. The project is estimated to have resulted in 1600 local jobs with an estimated payroll of more than $40 million, a capital investment of $125 million. It is estimated to bring in more than $3 million annually in sales tax revenue.
The Costco-Town Center development brought destination retail to Cedar Park. In addition to high-end warehouse store Costco, the development includes renowned California burger joint In-n-Out. The development has a Chapter 380 agreement for $6 million, funded by Economic Development (Type A) from local sales tax revenue. The project has provided 600 local jobs with annual payroll estimated to be $14 million and made a $50 million capital investment here. It is estimated to bring in more than $1.23 million in sales tax revenue each year.
ETS-Lindgren is one of Cedar Park’s major tech employers. The company tests electronic devices to ensure that the electromagnetic, magnetic or acoustic energy that these items can create, use or be affected by, work harmoniously in the same environment. Over the years the company has been incentivized to grow and expand with Economic Development investments of $474,000 in economic incentives funded by sales tax. In return, ETS-Lindgren now employs more than 70 people with an estimated payroll of more than $2.7 million, and has made more than $14 million of capital investments in Cedar Park.
Firefly Aerospace is a private aerospace company that moved its headquarters from California to Cedar Park in 2014, with the help of $1.225M in Economic Development incentives funded by local sales tax. In February 2021, Firefly was awarded a $93.3M contract by NASA to deliver payloads to the Moon in 2023. In May 2021, Firefly and the City of Cedar Park reached an agreement that allows Firefly to solidify its roots in the community. Firefly purchased a 40,000 square-foot building in the Scottsdale Crossing Technology Center that will create 682 new jobs with an average salary of $90,000.
Hyliion designs, develops, and sells electrified powertrain solutions that are designed to be installed on most major Class 8 commercial trucks, with the goal of transforming the commercial transportation industry’s environmental impact at scale. Hyliion relocated its business from Pennsylvania to Cedar Park in 2018 after coming to an agreement with the Cedar Park Economic Development Corporation. The agreement states that Hyliion will employ 229 employees with an average salary of $90,000 and make a capital investment of $5.75M. Included in the agreement was a seven-year lease of 83,000 plus square feet at Brushy Creek Corporate Center. In June 2021, Hyliion announced they will be expanding their current facility by 120,000 square feet. Driven by a growing staff and the need for additional installation and testing capacity, the multi-million-dollar project will be broken into three stages, focusing on increased office space, a reconfigured installation warehouse, and a new research and development testing area. The full project is expected to be completed in 2022.
Under an Economic Development agreement that provided an investment of $260,000 in economic development incentives funded from local sales tax revenue, Innovative Funding Services completed its 30,000 square foot headquarters at La Jaita Business Park in 2018. The project will employ 130 people with an estimated payroll of $12 million and made a capital investment of $5 million in Cedar Park.
In early March 2020, James Avery Artisan Jewelry broke ground at their new regional corporate offices, which will allow the family-owned jewelry retailer based in Kerrville, Texas to grow their presence in Central Texas. The facility located at the northeast corner of 183A Frontage and Scottsdale Drive will be 35,000 square feet, including building land and other improvements, and the company will provide 102 jobs in Cedar Park with average wages of $75,000 and an annual payroll of $7.65 million.
In early December 2020, the City of Cedar Park entered into two Economic Development agreements with Momentum Extraction, to extract biomass crude oil, distillate and CBD isolate under the State of Texas’ 2018 Farm Bill. The move gives Cedar Park a foothold in this new industry in Texas; it also is projected to bring 65 high-paying jobs to and a minimum $25 million capital investment in Cedar Park.
Red Horn Coffee House and Brewing Company has opened a second Cedar Park location in Scottsdale Crossing. There, they are able to increase their production and distribution of craft beers and specialty coffee. With this expansion, Red Horn has added 15 full-time employees with a capital investment of $1M.
The Economic Development Corporation entered into an economic development agreement with Rose City Management for the creation of 400,000 square feet of spec Class-A Office Space on 13.4 acres in Town Center.
Under an agreement in 2016, Swagelok completed its 30,000 square foot distribution/sales and service facility in Brushy Creek Corporate Park in 2018. Swagelok received $150,000 in Economic Development incentives funded by local sales tax. The project employs 25 people, has an annual payroll of $2.6 million and made a total $3.5 million capital investment in Cedar Park.
The Parke retail development is located along the west side of 183A and Whitestone Boulevard. It features many nationally-known stores and restaurants including Whole Foods Market, DSW, Dick’s/Field and Stream, Nordstrom Rack, Petco, Tuesday Morning, Marshall’s, Michael’s, Chuy’s, Jason’s Deli and much more. The Parke has a Chapter 380 agreement of $1.5 million, funded by Economic Development (Type A) from local sales tax. In turn, it has produced more than 750 jobs with an estimated payroll of $22.5 million and made an $82 million capital investment in Cedar Park. It brings in an estimated $2 million in local sales tax revenue annually.
Tresl (formerly Revenue Cycle) moved into its new 30,000 square feet headquarters at Scottsdale Crossing in 2017, after an Economic Development investment of over $433,000 in economic incentives funded by local sales tax. Tresl employs more than 100 people and have an estimated annual payroll of more than $5.8 million.
Thanks in part to an Economic Development investment of $100,000 funded by local sales tax, Visual Lighting Technologies relocated their operations from California to Hur Industrial Park in Cedar Park where they purchased an existing 20,000 square foot building. They employ more than 30 people in Cedar Park.
WEXCO International, LLC announced plans to establish a 4,850 square foot regional headquarters in Cedar Park at 13010 W. Parmer Ln. As part of the regional headquarters, WEXCO plans to create 25 full-time jobs with an annual salary of $65,000. The project has a capital expenditure of $2 million.
The corporation Vandelay Education has been building a 20,000 square foot headquarters in two phases along Medical Parkway in Cedar Park. It’s thanks in part to an Economic Development investment of more than $140,000 in incentives funded by local sales tax. The first phase was finished in 2018. Upon full completion the company will employ more than 100 people, with an estimated payroll of $12 million and a capital investment of more than $2.5 million in Cedar Park.