Leslie Komet Ausburn
Komet Marketing Communications
210.326.8992 or email@example.com
August 10, 2016 (Boerne, Texas) – The Boerne Kendall County Economic Development Corporation, the City of Boerne and Kendall County Commissioners today announced the passage of an incentive package that allows Buc-ee’s to move forward with plans to build a new Family Travel Center in Boerne. The family center is expected to provide more than 170 jobs, $25 million annually in taxable sales, $180,000 annually in school tax, and a $40 million total capital investment. The plan, was developed through a collaborative effort by the Boerne Kendall County Economic Development Corporation (BKCEDC), the City of Boerne and Kendall County leadership. Fronting I-H 10 at the south end of Boerne, the 53,000 sq. ft. Buc-ee’s Family Travel Center plan also calls for up to four pad sites for high-image restaurants and retail.
The proposed store would offer more than 90 fueling stations for automobiles and motorcycles only, plus a Texas-centric mix of food and merchandise and some of the cleanest bathrooms in America.
The proposed Boerne Buc-ee’s would bring to the community a new payroll of more than $5.8 million as well as more than 170 predominantly full time positions that pay well above industry average wages, along with benefits.
The proposal calls for the City of Boerne and Kendall County to offer the company a
1-cent sales tax sharing agreement for 20 years. Officials say the value of the incentive would soon be offset by the sales taxes collected and the economic impact of spending by new employees.
According to Texas Department of Transportation (TxDOT), the latest average daily traffic count along this stretch of I-H 10 is 54,700 vehicles per day. The project would be an opportunity for Boerne to attract new tourism dollars as historically 90 percent of Buc-ee’s customers live outside the zip code of their stores.
According to the BKCEDC, the project is expected to positively impact the local economy. Based on studies, the BKCEDC forecasts a ripple effect in the economy due to new construction jobs as well as an additional $700,000 in spending due to the 170 new jobs offered by Buc-ee’s.
Misty Mayo, President/CEO of the Boerne Kendall County Economic Development Corporation said, “The role of the Boerne Kendall County Economic Development Corporation, is to strengthen the community’s competitive position to attract new business, facilitate investments that grow quality jobs, and cultivate growth for a resilient and livable community.” “The Buc-ee’s plan meets those goals and would bring a well-respected, community-minded company to Boerne,” said Mayo.
“Buc-ee’s is a company that is dedicated to the communities it serves and believes in doing what’s right for their neighbors,” said Kendall County Judge Darrel Lux. “They
would be a community partner, bringing jobs and huge economic benefits to our community.”
As Boerne, like cities across Texas continue to experience rapidly growing communities, officials say thoughtful economic development is a necessity for balanced growth.
“We are so lucky to live in a city that everyone loves to visit. This proposal will capture more tourism dollars from I-10 travelers and bring more visitors to the Hill Country Mile. Some will get off the interstate for a stop at Buc-ee’s, spend their money and move on. Others will head into town to visit the many other wonderful shops and restaurants we have to offer. The additional sales tax generated from tourists passing through will help us manage Boerne’s continued growth, improving infrastructure and our quality of life,” said Mayor Mike Schultz.
Details of the proposed project, including site-related issues, are still being worked out. Depending on a final agreement and the timing of scheduled TxDOT improvements, construction could start as early as 2018 with an opening as early as 2019.