November 4, 2019
School district advisory firm MSB Consulting is picking up stakes and relocating its headquarters from its current space on Austin’s north side to the north Austin suburb of Cedar Park, TX. The company will lease 45,000 square feet in the Cedar Park Technology Center at Scottsdale Crossing by December 2020, and is anticipated to invest $2.4 million in rehabilitating the facility. The 120-acre, deed-restricted Scottsdale Crossing is under development by TIG Real Estate.
The Cedar Park City Council approved a performance-based incentive agreement with the company, which will offer MSB $1,250 per job. The move is anticipated to bring 269 employees to Cedar Park by 2024, and the company plans to have an annual payroll of $16.6 million.
MSB Consulting’s Kyle Watson told the city council that the company is moving to Cedar Park for expansion purposes, and to “get more for our dollars.”
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