News Flash


Posted on: October 2, 2017

Decatur EDC plans land purchase

By Kristen Tribe | Wise County Messenger

The Decatur Economic Development Corp. Board of Directors Wednesday voted to purchase 162 acres southeast of Decatur for development of a business park.

The property, north of Farm Road 2264 and east of U.S. 81/287, is owned by Wise County Consortium LLC and was annexed by the city in July, following a voluntary annexation request presented by Jody Adams on behalf of the Consortium.

The land is zoned heavy industrial and borders the Landmark Industrial Park. The EDC will pay $12,000 per acre.

EDC Executive Director Thom Lambert said a similar project was previously attempted with Landmark, but it was never developed.

“But it’s still a goal to have something that’s available,” he said. “I see a lot of prospects come through here, but we don’t even talk to them because we don’t have a place to put them.

“I’ve been in this business about 40 years, and everybody’s got a pasture,” he said.

Lambert said this acreage “will be completely done” and fully served with water, sewer, electricity and street lights.

“It will be fully engineered, ready to go,” he said.

Lambert said they have a “good client prospect to be our anchor, and if we get all this done, we’ll be able to make an announcement before too long.”

Mayor Martin Woodruff, who has served on the EDC board 16 years, said there are two schools of thought on how cities should develop industrial property.

“One is you encourage private landowners to develop business parks, but you don’t assume any of the risk that might be associated with the ownership of the development,” he said. “We took that approach, and it didn’t work out satisfactorily.

“With this approach, we’re going to acquire the property and make sure the kind of infrastructure is in place that we feel is needed in order to attract the kinds of business clients, employer clients, that are needed for this community,” he said.

Woodruff acknowledged the risk but said it was worth it because the move should help provide more local jobs and increase the tax base.

“I’m fully ready to take or try this approach,” he said. “I’m thinking this is really what we need to do.”

Board President Jason Wren echoed Woodruff’s comments, and board member Jay Davidson noted since the new property is contiguous with Landmark, “and if and when things change, we might could do something with Landmark, too.”

Lambert told the Messenger the EDC is “not upset with Landmark. They just weren’t a developer. We love them as a corporate citizen.”

Woodruff made a motion to purchase the 162-acre tract, and Davidson gave it a second. It passed unanimously.

The action will be presented in October to Decatur City Council for final approval.

View original Wise County Messenger Article.

Facebook Twitter Email

Other News in Home


Dallas-Fort Worth Area Employment

Posted on: July 24, 2019

Real Estate Market Remains Steady

Posted on: July 30, 2019

Decatur Eyes Tax Rate Decrease

Posted on: August 2, 2019

August 2019 Texas Economic Outlook

Posted on: August 7, 2019

Decatur ISD Discusses Budget

Posted on: August 14, 2019

Texas VS Oklahoma Chute Out

Posted on: June 24, 2019

Voltage Coffee Project Expands

Posted on: March 23, 2019
Texas Diverse Economy

The Diverse Economy of Texas

Posted on: March 21, 2019
Help Wanted

Texas Is Where the Jobs Are

Posted on: March 15, 2019

Texas Economic Engine

Posted on: March 7, 2019


Posted on: February 21, 2019

Texas Economic Indicators

Posted on: January 24, 2019

How Strong is Texas’ Economy?

Posted on: January 11, 2019
BEDCwebsiteImage (1)

Basic Economic Development Course

Posted on: January 7, 2019

Real estate year closes on a high note

Posted on: December 27, 2018

Sales taxes roll in during 2018

Posted on: December 26, 2018

Outlook for the Texas Economy

Posted on: December 18, 2018


Posted on: November 24, 2018


Posted on: November 24, 2018

Getting Rid of Hazardous Materials

Posted on: November 19, 2018

Job Market Increase in Decatur

Posted on: November 9, 2018

Nov. 6th General Election Results

Posted on: November 7, 2018

ELECTION DAY is tomorrow!!

Posted on: November 5, 2018


Posted on: October 30, 2018
Go Big in Texas

Texas earns three No. 1 rankings:

Posted on: October 2, 2018

Texas Enterprise Fund (TEF)

Posted on: October 4, 2018

Upcoming TEDC Webinar

Posted on: October 9, 2018

Early voting in election set to start.

Posted on: October 19, 2018

Sales tax collections continue roll.

Posted on: October 19, 2018

Wise County Unemployment Rate Down

Posted on: October 23, 2018

Home Sales Slow in Wise County

Posted on: October 25, 2018

PD Recognizes Local Businesses

Posted on: September 18, 2017

Company donates shoes to storm victims

Posted on: October 3, 2017