Bryan Business Boom Continues, Next Phase Begins on ATLAS Town Center

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BRYAN - A building boom continues in Bryan from homes to hotels.

News 3 takes a look at some of the new developments in Bryan and what the city is doing to build business including sometimes offering incentives.

ATLAS Town Center is a community targeting those who want to work and live near the Brazos Valley's booming BioCorridor.

The Stella Hotel broke ground at the site near Traditions Golf Club in Bryan last month.

"That's going to be a real nice boutique hotel I believe right at 180 rooms. We're starting to see a few of the out parcels too that come in," said Cody Cravatt, who is the Development Manager for Bryan and can't remember his office ever being this busy.

"Across the board it's just astronomical," he said.

Building incentives are one of the major reasons why ATLAS is setting up shop.

"When they can bring in something that's just unique and totally going to help everybody, you know, we're absolutely willing to work with them," he said.

He says there are some criteria economic development looks at.

"They make determinations on what kind of incentives can be offered based on you know value added tax, number of employees you know average payroll," Cravatt said.

From January to August, values for construction in Bryan topped $129 million, up from $94 million the same time last year.

Cravatt says there is competition against College Station, and being an older city has some setbacks.

"You know, you get aging infrastructure, you get aging buildings, so we've got a lot of internal stuff that we've got to work on," he said.

A new option for families is also coming. Plans have been announced for a Jumping World USA Trampoline Park next to the Bryan Target.

"I know City of Bryan and College Station little limited on things to do for the little kids so I think that's going to be a neat little addition over there," Cravatt said.

Values may be up, but building permits are actually down in Bryan, according to the city.

Permits so far for the year top 927.

Last year at the same time, there were 988.

The city is also working to redevelop the old Ice House on North Main Street Downtown, and offering incentives to developers who'd have the property conveyed to them if they meet certain requirements.

For a breakdown of the latest building report numbers, head to the related documents section of this story.



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