TexAmericas Center Board of Directors has approved a contract with Olsson Associates to provide property assessment and planning services, according to a press release from TexAmericas.
The move was made in response to the $150,000 Economic Development Administration Grant that TexAmericas Center announced in November 2016.
"This comprehensive planning strategy will position (TexAmericas) to strategically redevelop selected portions of their 12,000 acres with targeted industries in mind," the press release states.
Olsson Associates will perform an initial assessment of the center's infrastructure and deficiencies and evaluate site preparation for the East, Central and West campuses. The firm will also identify and recommend optimal uses of the land for specific industries.
"When businesses are considering locating or relocating to a new area, one of the very first considerations for executives or site search consultants is whether or not the property site is development-ready," said Scott Norton, CEO/Executive Director of TexAmericas Center. "... It is imperative that we first understand what resources we have in place across our entire footprint and build a redevelopment plan that will then enhance our assets and address our deficiencies."
TexAmericas has 28 tenants operating on its footprint, with several providing services to Red River Army Depot.
"With the information collected from this property assessment and recommended master plan, we will be able to provide more thorough, prompt responses to RFPs and create dynamic and effective marketing campaigns moving forward," said Eric Voyles, executive vice president/chief economic development officer.
Olsson Associates brings more than five decades of experience in comprehensive engineering, planning and design solutions to the project.
"Engineering design and economic development professionals from Olsson Associates will be on site today for a kickoff meeting with the TexAmericas Center's leadership team," the press release states.