Texas developers unveiled an ambitious plan for a $2-billion combined green-technology business park and regional airport project near Austin. Supported by a generous tax rebate scheme, the project is aimed at attracting international anchor tenants and designed to demonstrate the best way to build a commercial development based on green principles.
Developers of the planned Eco-Merge Green Corporate Centers, a 1,500-plus-acre project about 15 minutes east of Austin, said at an Oct. 19 press conference the project grew out of a desire for green technology firms to locate at a shared site. The project is a partnership between central Texas developers Green Corporate Centers Holdings Inc. and Eco-Merge, a Japan-based consortium with a U.S. branch headquartered in Austin.