KYLE, TX—Lowe's Companies Inc. has signed a lease for 120,000 square feet in Kyle Crossing Business Park where it plans to open a distribution center. Lowe's will occupy approximately 60% of building one at 1980 Kohlers Crossing, adjacent to the nearly 308,000-square-foot sortation facility leased by Amazon that will employ more than 200 workers. Lowe's is the fourth major employer that Plum Creek has landed.

"Kyle Crossing was built on a speculative basis by major national industrial developer Majestic Realty as its first project in Central Texas," Brian Masterman, Majestic senior vice president, tells GlobeSt.com.  "This has paid off for Majestic, Kyle and Plum Creek as Amazon leased nearly 308,000 square feet in July, leaving less than half of one building in the two-building business park available for lease."

The 40-acre business park is one block west of Interstate 35 in the mixed-use master-planned community of Plum Creek approximately 20 miles south of downtown Austin. The community has reached a real tipping point when it comes to commercial development and is finally fulfilling its long-planned goal of becoming a true live-work-play community under the management of Terry Mitchell, who was hired to accelerate commercial development in Plum Creek a few years ago.