Local company buys the last unclaimed land in the city of College Station's business center
![Local company buys the last unclaimed land in the city of College Station's business center](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/84f4262e8309dc42ce9d5321c93d30c2.jpg)
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Description
This podcast contains comments from the April 25, 2024 College Station city council meeting. The last property in the city of College Station's business center has been sold. A unanimous...
show moreThe last property in the city of College Station's business center has been sold.
A unanimous city council at their last meeting, accepted a $3.3 million dollar offer for 12 acres along the northbound freeway frontage road at Gateway Boulevard.
Chief development officer Michael Ostrowski said the buyer, Fera Diagnostics and Biologicals, is a research-driven company that focuses on developing products to improve the welfare of animals.
Fera plans to build a $15 million dollar, 50,000 square foot headquarters and employ 15 to 30 people in the two to three years.
The city acquired the land in a swap back in 1988 that resulted in the creation of the Pebble Creek development.
Click HERE to read and download the contract that was approved at the April 25, 2024 College Station city council meeting.
Click HERE to read and download presentation materials at the April 25, 2024 College Station city council meeting.
Information
Author | Bryan Broadcasting |
Organization | Bryan Broadcasting |
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