Korean semiconductor supplier officially to move US HQ to suburb northwest of Austin

Among the incentives snagged by the company: $10,000 for every employee who buys a home in Cedar Park A South Korean company that is a supplier to Samsung Electronics Co. Ltd. said its new U.S. headquarters in a suburb northwest of Austin is part of an ongoing effort to serve customers not only in the semiconductor industry […]

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$250 million mixed-use project breaks ground in Cedar Park

Crews have broken ground on New Hope, a $250 million mixed-use project that will be developed in phases in Cedar Park. The development, near the 183-A tollway and New Hope Drive, ultimately will bring upwards of 500,000 square feet of industrial space on 48 acres. Plans call for building retail and other mixed-use development on […]

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Cedar Park Economic Development and Tourism Department Receives 2023 Silver Award for Economic Development Organization of the Year

Cedar Park Economic Development and Tourism Department Receives 2023 Silver Award for Economic Development Organization of the Year  Cedar Park, Texas – The Cedar Park Economic Development and Tourism Department received a 2023 Excellence in Economic Development Silver Award from the International Economic Development Council (IEDC). The award was bestowed specifically for the organization’s work […]

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NFM to anchor $400M hotel, convention center complex in Cedar Park

In what was called “a once-in-a-generation development,” a $400 million complex featuring a convention center, hotel and 500,000-square-foot NFM store is coming to Cedar Park. NFM, previously known as Nebraska Furniture Mart, will be the anchor of the 117-acre project located near the H-E-B Center on New Hope Drive between 183A Toll and US 183. […]

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‘Once-in-a-generation’ project north of Austin nearing more milestones

Developers move ahead with site development, subdivision improvement plans The 118-acre mixed-use Nebraska Furniture Mart project north of Austin appears to be nearing significant milestones as stakeholders work to bring the “once-in-a-generation” project to Cedar Park. CPM Development LLC — which is affiliated with the Warren Buffet-owned, Omaha-based Nebraska Furniture Mart — last week filed documents with the Texas […]

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3 companies win incentives in Cedar Park, paving way for roughly 250 new jobs

Compedia, Plug and Play Tech Center, PD Labs closer to planting roots in suburb. About two years ago, the Cedar Park City Council tasked its economic development team with marketing the fast-growing suburb northwest of Austin to international companies. Among the efforts included a trip to Israel 18 months ago, where City Manager Brenda Eivens […]

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Construction begins on 95-acre project that will bring industrial, office and retail space to Cedar Park

Joint venture of three Austin firms priced at $250M. More details have been revealed about a 95-acre mixed-use project that could bring ample office and retail space to a fast-growing suburb northwest of Austin. Dubbed the “New Hope” project, the development is a joint venture of three Austin-based real estate firms — Cordova Real Estate Ventures, Riverside […]

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Geospatial specialist SAM adds 17K-square-foot Cedar Park office

A geospatial data and construction services firm that has grown prodigiously around the nation since it was founded nearly 30 years ago in Austin is expanding close to home, showcasing the sustained executive confidence in certain sectors of the economy. Surveying and Mapping LLC, which does business as SAM Companies, is setting up an office […]

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One of country’s largest real estate firms plans big industrial park in Cedar Park

A San Francisco-based real estate investor focused on logistics has plans to build a massive industrial development in Cedar Park. Prologis Inc., one of suburban Austin’s most active developers, acknowledged Jan. 18 that it plans to build a 629,000-square-foot development on a 75-acre tract that it acquired last year from Austin-based National Instruments Corp. The […]

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U.S. Space Force Selects Firefly Aerospace for ‘Rapid Space’ VICTUS NOX Mission

Contract worth $17.6M is part of The U.S. Space Force’s mission to demonstrate end-to-end tactical responsive space capabilities CEDAR PARK, Texas – October 3, 2022 – Firefly Aerospace, Inc, announced today that the company has been selected by The U.S. Space Force’s (USSF) Space Systems Command (SSC) to provide launch services for SSC’s VICTUS NOX mission. […]

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