{"id":98061,"date":"2025-12-23T04:09:40","date_gmt":"2025-12-23T04:09:40","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/98061\/"},"modified":"2025-12-23T04:09:40","modified_gmt":"2025-12-23T04:09:40","slug":"creative-3d-technologies-to-move-hq-to-cedar-park-with-incentive-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/98061\/","title":{"rendered":"Creative 3D Technologies to move HQ to Cedar Park with incentive deal"},"content":{"rendered":"<p>\t\t\t\t\t\t\t<a href=\"http:\/\/www.creative3dtechnologies.com\" rel=\"nofollow noopener\" target=\"_blank\">Creative 3D Technologies<\/a>, a manufacturer in the medical, aerospace, defense and industrial sectors, is bringing its headquarters to Cedar Park as part of an economic development agreement with the city.<\/p>\n<p>The overview<\/p>\n<p>The Cedar Park City Council approved an <a href=\"https:\/\/www.cedarparktexas.gov\/596\/City-Council-Agendas\" rel=\"nofollow noopener\" target=\"_blank\">economic development agreement<\/a> with the technology manufacturer Dec. 18, promising up to $400,000 in incentive payments and rebate of all or some of the sales tax generated by a facility located in the city limits through 2030.<\/p>\n<p>In exchange, Creative 3D Technologies will:<\/p>\n<p>Lease an 18,000 square foot facility at 1200 BMC Drive, Cedar Park, no later than Dec. 31, 2026Make no less than $810,000 in capital investment into the facility over a period of three yearsCreate a minimum of 45 high-skill jobs at the Cedar Park facilityThe details <\/p>\n<p>Per the <a href=\"https:\/\/www.cedarparktexas.gov\/596\/City-Council-Agendas\" rel=\"nofollow noopener\" target=\"_blank\">agreement<\/a>, employees of the company will be provided a $10,000 relocation bonus for each residence or residential lot purchased, up to $500,000.<\/p>\n<p>These stipulations are geared toward creating jobs in the area, encouraging local capital investment and increasing sales tax revenue, per the city.<\/p>\n<p>After 2030, the city will no longer remit the sales tax generated by Creative 3D Technologies.<\/p>\n<p>In Cedar Park, <a href=\"https:\/\/www.cedarparktexas.gov\/FAQ.aspx?QID=465\" rel=\"nofollow noopener\" target=\"_blank\">sales tax revenue<\/a> is used to fund capital improvement projects, such as parks, walking trails and sports facilities.<\/p>\n<p>About the business<\/p>\n<p>The agreement states Creative 3D Technologies manufactures &#8220;factory-in-a-box&#8221; products combining hardware, software, robotics and automated quality controls in one platform, such as 3D printers.\n\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Creative 3D Technologies, a manufacturer in the medical, aerospace, defense and industrial sectors, is bringing its headquarters to&hellip;\n","protected":false},"author":2,"featured_media":98062,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,45207,45208,45209],"class_list":{"0":"post-98061","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news","11":"tag-cedar-park-development","12":"tag-cedar-park-economic-development","13":"tag-creative-3d-technologies"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/98061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=98061"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/98061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/98062"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=98061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=98061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=98061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}