Nortex Times

A vote by the Wichita Falls City Council approved up to $1.5 million to develop a business park off of Fisher Road.

The funding stems from a 4A sales tax that is paid throughout the year to build up economic development in the city.

“In the past, we always have had big industrial buildings available for prospecting but those are rapidly being taken up,” Wichita Falls Chamber of Commerce President and CEO Henry Florsheim said. 

If this plan is approved, the early stages of the infrastructure will begin with the Wichita Falls Economic Development Corp. so that new businesses can start viewing the property.

“This business part was originally planned to develop manufacturing and other businesses here for our economy,” Bobby Whiteley, a member of the Economic Corporation, told the Wichita Falls Chamber. “That is exactly what has come to place.”

This means more jobs and money to stimulate the economy.

“It could mean hundreds of millions of dollars in capital investment for Wichita Falls and hundreds of jobs,” Florsheim said.

“Whether we get these companies to move here or not we have to have this infrastructure built to attract somebody to move their business to Wichita Falls,” said Whiteley. “The economic development board has the funds to take this first step. That is why they are doing it. I am in agreement with that. It’s exactly what they are designed to do.”