After several years of planning, negotiating, purchasing, and preparing by the Economic Development Corporation of Teague, Inc. (EDC), the Teague Business Park has become a reality. Several parcels of adjoining land were purchased and combined into one 30–acre tract to provide a good location for potential businesses.
The park is located on west Highway 84 about one-quarter mile inside the Teague city limits. The land has been cleared, and parcels are ready for purchase and construction.
To make the Teague Business Park attractive to industry or business, it will have all utilities available with the completion of a sewer lift station being installed by the EDC. There is also possible rail accessibility for any business needing to ship or receive large quantities of materials. Access to the Park will be coordinated with the Texas Department of Transportation to allow direct entry from Highway 84 suitable for both automobiles and trucks.
The total cost of developing the Business Park has been borne by the EDC. Funding for the EDC comes solely from about one tenth of the 2.25% city sales tax collected. Business Park land purchases total $231,141. The EDC has spent $42,292 for surveying and clearing, and will be spending an additional $208,964 for the sewer lift station design and build. Once the sewer lift station is complete, it will become the property of the City of Teague at no cost to the city.
Developing such a project takes time, effort, and funding. The appearance of the property changes slowly during the planning stage. With the installation of the new signage, the Teague Business Park is now “open for business!”
(Courtesy Photo)
