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Cedar Park economic development office reports 270 leads, Plug and Play expo and new biotech tenant
Summary
Economic development staff reported a pipeline of about 270 leads, said 14 projects are "hot," described May and June business outreach including SelectUSA and a Plug and Play advanced-manufacturing expo, and announced a biotech company, Exo Discovery Technologies, is locating on Whitestone in Cedar Park.
Arthur, speaking for the economic development team, summarized outreach and recent events and urged the board to maintain realistic expectations about project yields: "Not all of these projects are gonna make," he said, while noting the team is tracking about 270 leads that could translate to more than 25,000 jobs and approximately $15 billion in potential capital investment.
The nut graf: The report shows Cedar Park is actively marketing to advanced manufacturing and life-sciences firms and is documenting early-stage interest; the city's work so far has produced trade-show leads, a local…
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