Grocery chain H-E-B has purchased 17.2 acres near the Austin airport, the company confirmed to the American-Statesman, adding to its development pipeline in a growing part of the Central Texas region.
The tract, at the southeast corner of FM 973 and Texas 71, is H-E-B’s first land acquisition in the Del Valle area. The purchase price was not disclosed.
H-E-B said it doesn’t yet have a development plan for the site, most of which is part of a 390-acre swath zoned for a planned mixed-use development called Velocity Crossing.
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