The city says the land, which is surrounded by manufacturing and industrial buildings, could be used for education or economic development.
New Braunfels is considering spending $20 million to buy a 100-acre property the city could use either for a business park or a new technical college campus. The New Braunfels Economic Development Corporation board, which manages a portion of the city’s sales tax revenue, is scheduled to vote on the purchase Thursday. If approved, the city would pay $12 million up front and another $1 million each year for the next eight years, with a 3% interest rate.
New Braunfels considers $3M in tax breaks to lure in Topgolf Texas State Technical College is a public community college with 10 campuses around the state and about 10,000 students enrolled. Last August, the school started a two-year advanced manufacturing program in New Braunfels at the Central Texas Technology Center, and under legislation passed it 2023, it now has the right to operate in Comal and Guadalupe counties.
New Braunfels council OKs funding to buy downtown HQ from NBU If Texas State Technical College 'decides they want to come here, it gives us options for a location for them as well,” he said. Board members Kathy Meurin and Jason Hurta also praised the opportunity. Assistant City Manager Jared Werner told the board that the EDC has the money available for the purchase, but suggested it consider how to pay for a previous purchase as part of the decision.
Texas State Technical College Topgolf Texas State Technical College New Braunfels Economic Development Corporation Alamo Colleges District Central Texas Technology Center Chamber Of Commerce Walmart New Braunfels Utilities NBU Neal Linnartz Jonathan Packer Jared Werner Jordan Matney Parker Jason Hurta Kathy Meurin New Braunfels Holcan Industrial Park I-35 Greater New Braunfels Kohlenberg Road Guadalupe Comal Continental FM 1101
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