TEMPLE – The city currently has nearly 1,600 acres that has been cleared for development, according to the local economic development corporation. Existing facilities, shovel-ready sites, and Class A office space are all available.
In the past year alone, Temple saw $1.2 billion in capital investment driven by businesses of every size and industry. For example:
- H-E-B expanded its footprint north of the city with a 325,000 square foot addition to accommodate its new automated frozen food distribution line.
- Temple Industrial Park has hundreds of acres of available land zoned for light industrial business. In 2022, FedEx built a 250,000-sf distribution center here across 52 acres, an investment of more than $40 million.
The city has a projected $521 million in cumulative revenue (property and sales tax) over the next 20+ years from anticipated gains.
These projects continue to increase the city’s tax base and employment opportunities, strengthening the economy and local communities.