In a recent government meeting, officials provided updates on several key development projects in Killeen, Texas, highlighting significant progress and future plans aimed at bolstering the local economy.
One of the major topics discussed was the collaboration with Blue Acre Development, which is set to acquire over 15 acres in the Killeen Business Park. This initiative aims to address the high demand for industrial space, as approximately 70% of industrial projects require existing buildings for quick leasing. The final contract for this acquisition is expected to be completed in the coming weeks, with construction anticipated to begin by spring 2024.
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Subscribe for Free Additionally, the meeting announced a new urgent care clinic being established by Dr. Lincoln Coffey at the former site of McLeod's Auto on Ranciere Avenue. This project, which involves nearly $1 million in renovations, is expected to create 12 to 14 jobs and provide much-needed medical services in the area. The clinic is slated to open by the end of 2025, contingent upon the completion of renovations and equipment installation.
Updates were also provided on ongoing construction projects, including the USAMM facilities, which are on track for completion by May 2024, and MGC Pure Chemicals, which is nearing the end of its construction phase with a projected completion by late summer 2024. The latter represents one of the largest investments in the community's history, totaling $125 million.
Workspace USA is also making strides in developing a business park within a business park, aimed at providing small businesses with affordable ownership opportunities. The project is currently in the design phase, with further details expected soon.
Lastly, officials reported on the progress of the Wolf Technology Park property, where initial marketing efforts are underway, and interest from potential clients is growing. The development is expected to kick off early next year.
Overall, the meeting underscored a proactive approach to economic development in Killeen, with multiple projects in various stages of progress aimed at enhancing the local business landscape and creating job opportunities.