The size of the Cold Springs Industrial Park will double after the acquisition of 36 additional acres of land on March 27 by the Van Alstyne EDC [courtesy photo]
On March 27, the Van Alstyne Economic Development Corporation (VAEDC) announced that it had closed on the purchase of 36 acres of land contiguous to the Cold Springs Industrial Park.
The acquisition, in addition to four acres acquired months before, will effectively double the size of VAEDC’s industrial park.
“We are very pleased to have the privilege of serving the citizens of Van Alstyne and we are incredibly excited about this expansion of our Cold Springs Industrial Park,” VAEDC Board President David Sileven said.
Located south of the existing park, the VAEDC said the acreage will give it more land with which to recruit industrial and manufacturing businesses to the city.
It will also enable FM 3133 to CR 377 (County Line Road) to connect, which will afford companies operating in the industrial park quicker access to Highway 5 and U.S. 75.
The existing industrial park includes a rail spur. The new property will provide for a second rail spur that will also be accessible to businesses in the park.
The next phase will include the addition of water and sewer infrastructure.
“We are already in discussions with multiple companies interested in various portions of this new expansion for moving their business and new jobs to Van Alstyne,” Sileven said.
Staff Report | Van Alstyne Leader
COMMUNITY REAL ESTATE
ERIC MEDDERS REALTY GROUP | WWW.TXHOMESANDLAND.COM