Archive for the ‘Economic Development’ Category

Jill’s Jingles # 5 Tax Extensions Passed

Tuesday, December 30th, 2014

Happy Day! Hope you are enjoying the winter weather out there!! Be safe and stay warm!!

Polychron on passage of tax extensions
Posted in Legislative, by NAR on December 17, 2014

National Association of Realtors® President Chris Polychron has issued the following statement on key legislation passed by Congress:

“The package of tax extensions approved by the U.S. House and Senate, and headed to the President’s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014. NAR applauds Congressional leaders in both chambers for their effort to pass this legislation before adjournment.

“Realtors® strongly supported the bipartisan Mortgage Forgiveness Tax Relief Act, which was included in the package to prevent underwater borrowers from paying taxes on any mortgage debt forgiven or cancelled by a lender in a workout or after their home was sold for less money than was owed. We are grateful to Sens. Debbie Stabenow, D-Mich., and Dean Heller, R-Nev., and Reps. Tom Reed, R-N.Y., and Charlie Rangel, D-N.Y., for championing the provision.

“The legislation also includes one-year extensions of the 15-year depreciation schedule for leasehold improvements and the deduction for improvements to energy efficient commercial buildings.”

Jill’s Jingle’s # 3 1,500 Rooftops coming to Seguin!!!!!

Monday, December 15th, 2014

For Immediate Release Contact: Terry Treviño
December 15, 2014 Phone: (830) 401-2476
Contact: Danny Welch
Phone: (210) 602-7859
1,500+ Rooftops Planned for Seguin, Texas Update on 299 Acre Greenspoint Development
Seguin, Texas serves as the county seat for the second fastest growing county in the nation, Guadalupe County. According to the US Census, Guadalupe County has seen a 47.75% increase in population from 2000-2010. Guadalupe County has a 154% projected population growth increase from 2010-2040 according to the San Antonio-Bexar County Metropolitan Planning Organization. Seguin also serves as the retail hub for 3 major counties-Guadalupe, Gonzales and Wilson. Seguin is seeing business expansion city-wide, with many nationally known retailers entering, returning and expanding in the market. With Seguin’s abundant growth, Seguin’s housing is booming-with over 1,500+ new single family rooftops planned. This includes: 800+ homes for Mill Creek Crossing by Perry Homes, 382 homes for The Meadows at Nolte Farms by D.R. Horton and 400+ homes for the Greenspoint Development.
One of Seguin’s new major housing developments is Greenspoint. Located along SH46 at Rudeloff Rd., Greenspoint is a 299 acre master planned community on the City’s west side near the NewQuest Properties’ Seguin Commerce Center being developed along IH10. Greenspoint will include more than 400 homes in Seguin ISD.
“We saw it as a great opportunity to invest in Seguin’s growth,” Al Kay, Greenspoint Development investor, said. “We’ve got a lot of room to expand and a lot of interest in what we are doing.” After closing on the property in September, Greenspoint entered into a Public-Private
Partnership with the City of Seguin to install a sewer line. Sewer line construction will be the
first visible sign that development has begun. “We’ll put the sewer project out for bid and a contractor will build it for us,” Harry B. Jewett, development manager/partner for Greenspoint said. “Once we have the sewer line in
place, it opens up the rest of our property for development. The other utility systems are
already in place. We’re in a good spot and we are ready to go.”
“The scale of the Greenspoint Development will allow us an opportunity to craft this property into a very desirable Seguin community,” Jewett continued. “With the amount of acreage
we control, we can develop a variety of residential communities including single and multifamily neighborhoods, garden homes and senior living facilities”. These will have easy access to the commercial businesses planned for the SH46 frontage.
The development is going to incorporate low impact drainage design. “We are trying to incorporate systems in our subdivision design so we don’t end up with a lot of drainage infrastructure,” Jewett said. “We’re going to do that more naturally in a manner that is green and sustainable”. Greenspoint also worked with the City on Seguin’s major thoroughfare plan. An important part of the development agreement is the design of the outer loop parkway.
“The developers of Greenspoint are committed to the implementation of the vehicular circulation pattern that incorporates elements of the major thoroughfare plan for the city,” Jewett said. “This means that the residential and commercial facilities in our development will benefit from the maximum utilization of SH 46 with a planned 200 foot-right-of-way parkway. These two major facilities will create the framework for the pattern of collector streets, neighborhood streets, walkways, bike lanes, parks and open spaces that will be essential characteristics of the final Greenspoint development project.”
The Greenspoint development has a contract with Corner Store. The Seguin Planning and Zoning Commission recently approved the Corner Store’s preliminary subdivision plat for the site at the southwest corner of SH46 and Rudeloff Rd. “The Corner Store is the leading USA based company that is committed to bringing a very high level of convenience service to the traveling public,” Jewett said. “We believe that the facility that they will construct as part of our project will be a model of the most up to date facilities for a convenience store experience.” “We felt that Seguin was a new frontier for all the growth that’s going on,” Danny Welch, Greenspoint Development, marketing, said. “We are excited about Seguin and the new companies coming in here and the chance to bring in some rooftops. We’re looking forward to working with Seguin.”

Shared from Seguin Economic Development Corporation 12/15/2014

Why you should consider selling a home you haven’t even bought

Friday, November 7th, 2014

You’ll consider several criteria when purchasing your first home, but have you thought about how easy it will be to sell later? Things like location, features, and nearby amenities—the same criteria you’ll consider—can affect a property’s resale value.

You like it, but will they?
If it’s your first home, you may only plan to stay in it for a few years. And while you may be willing to buy a house that, for example, is located on a busy street or close to railroad tracks, ask yourself, “Will future buyers feel the same way?”

Keep the next buyers in mind
Once the home is yours, think about how to improve or maintain the home to appeal to future buyers. This can include things like upgrading bathroom or kitchen fixtures, improving the landscaping, or using paint colors that have broad appeal.

Ask an expert
If you have questions about whether a property will be easy or hard to sell in the future, talk to a Texas REALTOR®. He or she can offer advice about purchasing a home you love that will also appeal to the most buyers when you’re ready to move.

Courtesy information from Corner Post Real Estate, LLC

Corner Post Real Estate Welcomes Jill Law, REALTOR

Sunday, October 12th, 2014
Corner Post Team

Supporting the community

Why San Marcos is the nation’s fastest-growing city

Friday, May 23rd, 2014

Check out this article from the Austin American Statesman! There are 1,000 people moving to Texas every day. We are seeing the impact here in San Marcos.–Angie Cole

By Christian McDonald, Esther Robards-Forbes and Marty Toohey – American-Statesman Staff

Like a lot of graduates fresh out of school, Leticia Hurt was having trouble finding a job last year.

The 26-year-old had just graduated with a doctorate degree in pharmacy from Palm Beach Atlantic University in Florida. But she couldn’t find any hospital positions for a pharmacist, so she turned her eyes to Central Texas, where her parents had moved two years earlier. While visiting, Hurt landed a job in Kyle at Seton Medical Center Hays. It was the first job she applied for in Texas. “I can’t believe how many jobs are open here,” she said.

That is a common story in San Marcos — perhaps the story in San Marcos — according to those who know the place. Data released Thursday by the U.S. Census Bureau seem to confirm the appeal of San Marcos: It is the fastest-growing city in the country.

Between July 2012 and July 2013, no city with more than 50,000 residents added a greater share of them than San Marcos. The Hays County seat, 28 miles south of downtown Austin, grew by 8 percent — a rate of growth so astronomical that it doubled that of the nation’s 10th-fastest growing city, Idaho’s Meridian. It is the second year in a row San Marcos was the fastest-growing city in the country.

The growth presents difficulties and opportunities for the city of 54,076 people. Citing prudent planning and a strong economy, the Standard & Poor’s bond-rating house raised the city’s credit rating earlier this month, which means the city can borrow money for civic projects at lower interest rates and, ultimately, carry them out at lower cost to taxpayers. But slower-than-expected growth revealed by the 2010 census meant some transportation projects fell by the wayside.

San Marcos Mayor Daniel Guerrero said city leaders are trying to avoid planning mistakes that Austin has made. San Marcos’s growth “is not a recent phenomenon,” he said, adding that it was only when the San Marcos population passed 50,000 that people started to notice.

San Marcos wasn’t the only Central Texas city to see phenomenal growth last year, according to the newly released census data. Cedar Park (pop. 61,238) ranked fourth in the nation in population growth last year at 5.6 percent, while Georgetown (pop. 54,898) ranked seventh at 4 percent. Round Rock and Pflugerville grew by 3 percent and 3.5 percent, respectively, continuing a years-long trend.
Other cities with less than 50,000 residents saw even more growth: Manor’s 8.5 percent growth would have topped the list, followed by Buda at 8.4 percent. Leander would have made the list at 7.2 percent, along with Hutto at 5.4 percent.

Georgetown has a charming courthouse square, an institution of higher learning (Southwestern University) and a smaller-town feel that comes with lower housing prices. As a result, it is attracting people from across the social spectrum, from retirees to young techies, said Mark Thomas, the city’s economic development director.

“I’ve heard so many times from people, ‘This reminds me of where I grew up or the place I used to visit when I visited my grandparents,’” Thomas said. “You feel like you are in a small town but have all the big-city amenities.”

The results released Thursday add depth to data on large cities and metro areas that the Census Bureau released in February. The Austin-San Marcos-Round Rock-Hutto corridor was the nation’s fastest-growing metro, with Austin the fastest-growing big city. On Thursday, the Census Bureau’s new data was accompanied by a national press release that declared, “Austin has been the capital of Texas since 1839, and in 2013 the area became the nation’s capital for population growth.”

Last year was no anomaly. In three-and-a-half years, Buda has grown 39 percent, Manor 26 percent, Leander 20.6 percent, San Marcos 20.5 percent, Cedar Park 18.4 percent and Georgetown 15.7 percent, according to Census Bureau data.

Like Georgetown, San Marcos has many of the amenities that Austin provides, on a smaller scale.

Situated about halfway between Austin and San Antonio, it offers job opportunities in both markets. But the average home is going for about $175,000 in San Marcos, real estate agents said. That is cheaper than most homes in Austin, and it gets most buyers a newer three-bedroom, two-bath home in a subdivision close to town or an older home on half an acre in the country, said Robby Roden of San Marcos-based 3Z Realty.
Then, there is the feel of San Marcos.

On a recent sunny weekday afternoon, students from Texas State University strolled along LBJ Drive past a burger joint, art house movie theater and several resale shops full of retro styles. The university sits just north of the lively downtown. Nearby, a pristine river cuts the city in half. It offers much of what Austin does, without many big-city hassles, said Hurt, the recent Florida transplant.

“I love this area because it’s so close to Austin,” she said. “But we still have everything here.”

Hurt said she plans to buy a home in San Marcos soon. And when her boyfriend finishes his pharmacy residency in Florida, he plans to move to San Marcos, too.
By the numbers, population growth among the nation’s fastest-growing cities with a population of more than 50,000, July 2012 to July 2013:

1. San Marcos, 8 percent

2. Frisco, 6.5 percent

3. South Jordan, Utah, 6.1 percent

4. Cedar Park, 5.6 percent

5. Lehi, Utah, 5.5 percent

6. Goodyear, Ariz., 4.8 percent

7. Georgetown, 4.5 percent

8. Gaithersburg, Md., 4.4 percent

9. Mount Pleasant, S.C., 4.1 percent

10. Meridian, Idaho, 4 percent

Population growth among Central Texas cities of all sizes, April 2010 to July 2013:

1. Buda, 39 percent

2. Manor, 26 percent

3. Leander, 20.6 percent

4. San Marcos, 20.5 percent

5. Hutto, 19.9 percent

6. Cedar Park, 18.4 percent

7. Georgetown, 15.7 percent

8. Kyle, 13.4 percent

9. Lakeway, 12.9 percent

10. Pflugerville, 11.16 percent

Why it matters

The influx of residents — and their dollars — helps support businesses and provide more tax revenue to local governments, which in turn can use the money for additional projects or services. But each wave of newcomers also adds to the strain on roads, water supply and other resources, leaving some cities scrambling to keep up.

How Water and Oil & Gas Affects Central Texas Real Estate

Friday, March 28th, 2014

The 48th Texas Legislative Conference in New Braunfels was full of information about water and oil & gas activity in Texas. This has a huge impact on our real estate market. 1,000 people per day are moving to Texas!! It was a pleasure gaining education and representing the CTX Association of Realtors today!–Katie Clark

Central Texas Technology Center Expansion

Friday, March 28th, 2014

U.S. Commerce Department awards $1.25 million EDA grant for CTTC expansion
Date: March 19, 2014

The U.S. Secretary of Commerce Economic Development Administration (EDA) has awarded a $1.25 million grant to fund expansion of the Central Texas Technology Center (CTTC). The expansion will enhance workforce training in science and technology in support of the region’s goal of expanding its manufacturing and industrial base.

The project is a collaborative effort between the cities of Seguin, New Braunfels, Seguin Economic Development Corporation, the New Braunfels Chamber of Commerce, New Braunfels Industrial Development Board (4B), and Alamo Colleges. The initiative received $4 million in funding from voters in the New Braunfels 2013 Bond Program. The New Braunfels Industrial Development Board has committed $320,000, and the Seguin Economic Development Corporation is supplying $600,000 towards the estimated $6.2 million project total.

“We are gratified to receive the support from the EDA and our congressional representatives,” said New Braunfels Mayor Gale Pospisil. “Successfully obtaining funding for this essential project is a great example of a partnership between entities in our region achieving a common goal, with mutual benefits, by working together.”

The CTTC provides vital workforce development for the cities of New Braunfels and Seguin as well as Comal and Guadalupe counties. Enrollment capacity has been exceeded and the expansion will effectively double the Center’s current size in order to accommodate additional students by adding general instructional space, biology and chemistry labs, student support areas and faculty offices.

“The CTTC has played a critical role by providing training for such Seguin businesses as Caterpillar, Continental, CMC Steel and Alamo Group,” said Phil Seidenberger, President of the Seguin Economic Development Corporation Board of Directors and Chairman of the CTTC Advisory Board. “A technical training center such as the CTTC is an attractive benefit for companies looking to relocate or expand in our area. Many industries today require advanced technical skills training and subsequently, offer higher wages. The CTTC fulfills that need for these businesses and our local workforce.”

EDA grants are awarded through a competitive process based upon the application’s merit, the applicant’s eligibility, and the availability of funds. More information on EDA’s grant process and investment process can be found at

Posted by: Sami Kuhn

New Walmart coming to Seguin, Texas

Friday, February 21st, 2014

Walmart to build second Walmart Supercenter on Seguin’s west side near Caterpillar at Interstate 10 & Highway 46. The $3 Million project is scheduled for completion in 2015. Parcels are being negotiated for sale & lease. Seguin is growing!! Call Corner Post Real Estate to stay up to date on the real estate market and how the future growth is going to affect different areas.

Helmerich & Payne Oil & Gas Well Drilling Company Coming to Seguin

Friday, February 21st, 2014

We are excited to hear about the new 5,000 sq ft, 360 jobs (in the first year) facility opening in Seguin, TX just North of Continental! Welcome to Seguin Helmerich & Payne!–Katie Clark

How Flood Insurance Premiums Affect Your Home

Friday, February 21st, 2014

Westerholm-Koehler Insurance in Seguin, TX recently hosted a flood insurance training for local Realtors in Seguin, New Braunfels, and San Marcos. I am happy to share the information with you if you have any questions about the new FEMA Guidlines with subsidizing flood insurance. Flood Insurance impacts a lot of our homes in Guadalupe, Comal and Hay’s Counties because of our rivers. As your Real Estate professional, Corner Post Real Estate always strives to stay educated on anything that can affect you buying and selling homes in our area.–Katie Clark 830-305-0699