This EDA investment will allow the business and development corporation of denison to develop a master plan for the texas gateway logistics park, a 400-acre site encompassing an opportunity zone

The Business and Industrial Corporation of Denison, Inc., doing business as the Denison Development Alliance, received a $1,000,000 project grant from the Department of Commerce's Economic Development Administration (EDA) under the agency's Economic Adjustment Assistance (EAA) program. The grant funds will support the development of a master plan for the 400-acre Texas Gateway Logistics Park site located in Denison, TX. The master plan will assess existing infrastructure suitability, determine optimal land uses, and account for transportation and engineering needs to make the site ready for development. Upon full build-out, the logistics park is estimated to create thousands of jobs in growing industries and improve regional economic opportunities. This project builds on regional planning led by the Texoma Council of Governments to strengthen the local economy through public-private collaboration and job creation.

The master plan will assess the suitability of existing infrastructure, determine the best use for the property, and take into account transportation and engineering needs. This is a critical step needed to make the site ready for development, and preliminary analyses estimate that, upon full build-out, the logistics park will create thousands of jobs in growing industries that will improve economic opportunities for the regional workforce. This project was made possible by the regional planning efforts led by the texoma council of governments (texoma COG). EDA funds texomas COG to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.