Author: amber

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EastGroup eyes fast-growing Austin suburb for industrial project 

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Development in Leander will feature a 600K sf warehouse across 44 acres EastGroup Properties is plotting its next industrial development in Austin’s suburbs. The Mississippi-based firm, led by CEO Marshall Loeb, wants to build a 600,000-square-foot facility, dubbed Heritage Grove, in fast-growing Leander, the Austin Business Journal reported.  The 44-acre development site, at 500 Heritage Grove, […]

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iMarket America Inc. Relocates Headquarters to Round Rock, TX

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iMarket America Inc. Relocates Headquarters to Round Rock, TX, Spearheading Industrial Cluster Development (Round Rock, TX – February 29, 2024) – iMarket America’s Inc. (IMA), the U.S. subsidiary of iMarketKorea, a leading Maintenance, Repair, and Operations (MRO) company, announced today the relocation of its U.S. headquarters to Round Rock, Texas. The move marks a significant step towards the […]

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Leander, Texas Anticipates Job Growth with St. John Properties’ 50-Acre Business Park and First Class ‘A’ Office Building

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Leander, Texas is setting the stage for a major economic boost with St. John Properties, Inc., a renowned commercial real estate firm, announcing ambitious plans to erect a sprawling 50-acre business park and the first Class ‘A’ office building in the burgeoning suburban community. The Leander Tech Park, positioned at the intersection of West State […]

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Freehill Moves Forward With Greater Austin Project

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JLL Capital Markets has arranged joint venture equity and construction financing for Hero Way West, an industrial project in Leander, Texas, totaling 227,200 square feet of Class A space. The company worked on behalf of Freehill Development Co. Hero Way West will be a three-building industrial development that will include 28-foot clear heights, ample parking spaces, dock-high […]

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Another Samsung supplier chooses Round Rock as US headquarters

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Continuing a trend among industrial suppliers, another South Korea-based supplier has opted to establish its U.S. headquarters in Round Rock. This choice underscores the influx of businesses converging on the area to meet the demands of tech manufacturers, such as Samsung Semiconductor Austin in Taylor. The overview iMarket America Inc.—the U.S. division of iMarketKorea—is a maintenance, repair […]

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Samsung says its economic impact on area growing notably as an army of construction crews build new factory

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Tally of construction workers yields a head-turning number South Korean chipmaker Samsung Electronics Co. Ltd. has put out new numbers to show how big of a deal it is to the local economy. Samsung claims it pumped roughly $26.8 billion into the economy in the past year when accounting for its longtime Austin site and […]

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Williamson County looks to bring in more Korean businesses, already sees huge economic impact

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WILLIAMSON COUNTY, Texas (KXAN) — A recent visit to South Korea by Williamson County and City of Taylor leaders highlighted ongoing efforts to bring in a variety of businesses including support industries to Samsung’s Semiconductor plant in Taylor. “While we were there we called on 27 companies in total and we came back with a […]

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Global automotive parts supplier may pour $100M into Williamson County

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Project could create hundreds of jobs in region’s booming auto manufacturing sector For the better part of a year, speculation has been rampant about an automotive parts supplier potentially bringing hundreds of jobs and at least $100 million of investment to a city north of Austin. That company is Hanwha Advanced Materials LLC, a massive […]

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Korean beauty device maker to open first US plant in Taylor

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Real estate still needed; size and scope of project undetermined Hironic Co. Ltd., a South Korean manufacturer of medical devices for the beauty industry, has signed a memorandum of understanding to open a new production and sales facility in Taylor, northeast of Austin. While the size, scope and precise location of the project are yet […]

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Hironic Signs Four-party MOU for Manufacturing Plant Construction in Taylor, Texas

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Hironic, a specialist in beauty medical devices, announced the signing of a four-party memorandum of understanding (MOU) on Jan. 31 at the JW Marriott Hotel Seoul with the City of Taylor, Texas in the U.S.; Mastern America LLC; and The Economic Development Corporation (EDC) of Taylor, Texas. This MOU outlines the project review and advancement […]

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