Construction crews raising the next business park for fast-growing Kyle

[Neil Narayan]

TIG Real Estate Services Inc. recently broke ground on the first phase of its $80 million, 300,000-square-foot Kyle Technology Park. It's on a 41-acre site at the southeast corner of Farm to Market Road 1626 and Plum Creek Meadows in Kyle, a suburb about 20 miles south of Austin that recently ranked as the second-fastest growing city of its size.

The Kyle project is a flexible industrial product that can be used for office and retail, said Dan Lewis, TIG's Austin-based vice president and director of leasing. The layout is similarly flexible but could include 11 buildings that can be subdivided down to 6,250 square feet. Buildings and sites, about 2 acres large, can be sold, or TIG will do build-to-suit buildings for tenants.