Project will be key driver of local economy
BIG SPRING, TX – A ground-breaking ceremony for Crossroads Business Park will be held June 9 at 4 p.m. The event will be held on Fraizer Road, off the east side of Highway 87 near the future intersection of I-27. The ground-breaking will mark the start of a $5.6 million infrastructure project that will open over 550 acres to business development in Big Spring.
An investment of over $22 million has already been made by the City of Big Spring, Big Spring Economic Development Corporation and the McMahon-Wrinkle Airport and Industrial Park to develop the region for business.
This first phase of the park’s development will encompass approximately 550 acres with an additional 2,000 acres included in the master plan to fully leverage the benefits associated with the development of the Ports to Plains initiative.
It is the first business park in the region directly tied to the development of I-27 and the Ports to Plains initiative and represents a major opportunity for Big Spring and is expected to help drive the economy in Howard County for decades to come. This represents the next step in the ongoing effort to redevelop the Big Spring economy since the closure of Webb Airforce Base in 1977.
The project is a result of investment by several entities, both public and private, working in partnership to fund and facilitate the construction. A collaboration with the Frazier family via Cross Ell Ranch Corporation, involving their land holdings in the park, has also been critical in the development of the project. Additionally, managerial support from the Permian Basin Regional Planning Commission and Texas Department of Transportation have been key.
The Ports to Plains Trade Corridor will ultimately be a 2,300-plus mile highway system stretching through Texas from Laredo through Big Spring, into the Texas Panhandle, on to Denver, Colorado, and ending in Alberta, Canada.
Centrally located between Lubbock, San Angelo, Midland and Abilene, Big Spring is the “Heart of the West Texas Diamond in Transportation.” Crossroads Business Park offers businesses a strategic location, with air and rail services available to complement interstate access. Being at the epicenter of West Texas, considered the United States’
Food, Fuel, and Fiber Capital, Big Spring offers unique opportunities for many different types of industry.
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