San Antonio's H-E-B could get tax breaks to open San Marcos store

H-E-B News

San Antonio's H-E-B could get tax breaks to open San Marcos store
City CouncilNew Braunfels City CouncilSan Marcos Consolidated Independent School Distri
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San Marcos officials approved a resolution outlining potential tax breaks for grocery stores this spring. H-E-B plans to take advantage of the offering.

San Marcos officials started dangling potential tax breaks this past spring to try to attract more grocery stores, which they say residents are clamoring for. H-E-B is capitalizing on the offer. The San Antonio company is slated to receive $2.2 million worth of tax breaks to build store a spokesperson said was already on the grocer’s to-do list.

sells land on San Antonio’s East Side with deed restrictions barring use for grocery H-E-B submitted an application in August requesting rebates for the $53 million store, according to the presentation. However, a company spokesperson said the store has long been in the works. H-E-B bought the property at the intersection in 2013, real estate records show, and it operates two other stores in San Marcos. “We are always looking for growth opportunities in our market areas.

San Antonio H-E-B stores will be the first to get this long-awaited payment option H-E-B and other grocery chains have also received financial benefits to build stores in other cities in the area. The New Braunfels City Council in 2015 approved a partial sales tax rebate and grant worth about $1.5 million for an H-E-B store at the intersection of FM 306 and I-35. Cibolo officials in 2021 gave the company a property tax rebate and other perks worth $2.

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City Council New Braunfels City Council San Marcos Consolidated Independent School Distri Kyle City Council Sprouts Farmers Market Poco Loco Supermercado Walmart Supercenter Sam's Club Target San Marcos San Antonio Interstate 35 Mccarty Lane Hays County East Side FM 1103 FM 1626 Cibolo Kohlers Crossing H-E-B FM 306

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