Categories: Economic News

Rockwall Economic Development Corporation Announces Expansion of Rockwall Technology Park – Blue Ribbon News

ROCKWALL, Texas (August 17, 2022) – The Rockwall Economic Development Corporation recently broke ground on the third phase of the Rockwall Technology Park. The project includes infrastructure development for 210 acres of land owned by the REDC, including roads, water, sewer, franchise services, stormwater and regional stormwater detention. In addition, the main intersections will be signposted with monument signage, flagpoles and landscaping to complement the existing phases.

The Rockwall Technology Park has undergone multiple major infrastructure projects in the past. The first phase of the light industrial zone business park opened in 2000 to assist the organization in its goal of diversifying Rockwall’s tax base. Multiple land acquisitions and infrastructure projects over the past two decades led to the development of Phase II and put the organization in a position to embark on its most aggressive infrastructure project to date. Completion of the project, scheduled for late 2023, will bring REDC’s shovel-ready land inventory to about 240 acres, with lots ranging from 3.5 to 70 acres.

On 17 August, the REDC held a formal on-site initiation ceremony to mark the occasion. In attendance were current and former members of the REDC Board of Directors, the Mayor of Rockwall, city staff, civil engineers, construction partners, local community members, corporate neighbors and various individuals involved in the project. Speakers at the event included Rockwall Mayor Kevin Fowler, REDC Board Chair Matt Neyland and REDC President Phil Wagner.

“We know there are many companies, in many different places and industries, that will ultimately benefit from this project,” Phil Wagner said at the groundbreaking event. “For that reason, we are very excited about the actions that have been taken today, the overall investment that is being made and the future possibilities that lie in store here at Rockwall and in Phase III of the Rockwall Technology Park “.

The Rockwall Technology Park is generally south of Interstate 30, north of State Highway 276 and encompasses 550 acres of land between John King Blvd and Rochell Rd. There have been 22 buildings built or announced totaling more than 2.9 million square feet, providing a home to 21 employers, an estimated 2,900 full-time employees and more than $370 million in taxable value, over of the value of the land.

The REDC targets owner-occupiers and suits tailored to major employers, particularly advanced manufacturers and headquarters that export the majority of their products or services outside the region.

Freese & Nichols is the civil engineering design firm and the project’s construction manager. Mario Sinacola & Sons Excavating is the general contractor.

Press release submitted by the Rockwall EDC, edited for publication in Blue Ribbon News

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