Houghton Mifflin opens new page in Round Rock

ROUND ROCK – Houghton Mifflin Harcort Publishing Company plans to relocate its Texas regional office to Round Rock after City Council approved an incentive package June 11.

According to city documents, the company will bring with it 270 jobs with an average salary of more than $70,000.

As part of the deal, the company agrees to lease a majority of a 100,000-sf Class A office building developed by Live Oak-Gottesman in the La Frontera office development.

Houghton Mifflin Harcourt will also invest $3 million in facility improvements and personal property. In exchange, the city will pay the company $350,000 in Economic Incentive Payments over four years.

For leasing space to Houghton Mifflin Harcourt, Love Oak Gottesman will receive a tax abatement tiered over ten years.

tag: Austin-Round Rock Market Research, Austin-Round Rock NewsTalk