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KYLE, TEXAS — California-based PGI Investments will develop a 300,000-square-foot mixed-use property in Kyle, about 22 miles south of Austin. The development will be situated on a 47-acre site at the intersection of Yarrington Road and Interstate 35 and will include undetermined amounts of office, retail and restaurant space, as well as a hotel and multiple gas stations. The project is expected to create about 200 new jobs. A timetable for construction has not yet been established.