BROWNSVILLE, Texas – The Greater Brownsville Incentives Corporation has announced the selection of World Trade Center Industrial as the Master Developer for its planned Business I-169 North Corridor Industrial Park.
WTC Industrial is perhaps best known for developing what many consider the best industrial park in Mexico, WTC Premium Industrial Park in San Luis Potosí. It houses the largest intermodal terminal in Mexico.
WTC will lead the planning, development, and operation of the 730-acre Business I-169 North Corridor Industrial Park, which is located on the south side of frontage of I-169 between Old Alice Road and Paredes Line Road. The planned park is less than two miles from I-69 and 7.2 miles from the Port of Brownsville.
“WTC Industrial is proposing a next-generation, Class A, rail-served, mixed-use industrial development that provides best-in-class services and state-of-the-art infrastructure and amenities to meet the growing national and international industrial demand in the Greater Brownsville area,” said John Cowen, chairman of GBIC.
Cowen’s excitement about the potential of the planned new industrial park is shared by Helen Ramirez, GBIC’s executive director and CEO.
“The development of GBIC’s business park is the next step in balancing our land use patterns, creating jobs, and expanding our tax base to create a more economically sustainable and next-generation City,” Ramirez said.
GBIC is a non-profit organization, Type-A Economic Development Corporation. Ramirez said the remit of GBIC is to promote economic growth in Brownsville and Cameron County by empowering a young, intergenerational, skilled workforce that drives innovation within the city and region. She said the group facilitates economic growth by promoting investment and working with regional and international partners with job creation, training, innovation, business development, and manufacturing.
World Trade Center Industrial is part of Grupo Valoran, a real estate and infrastructure company headquartered in San Luis Potosí, Mexico. Since 2011 Grupo Valoran has had a presence in Houston, Texas, through their subsidiary, Valoran USA. Grupo Valoran has over 45 years of experience generating sustainable value through the operation, acquisition, sale, and development of real estate.
WTC Industrial is a member of the World Trade Center Association, a global network present in 92 countries and regions with 313 current WTC licenses worldwide. WTC Industrial created the first Free Trade Zone in Mexico, which they have administered since 2004.
“We are incredibly excited to find out that WTC Industrial was selected as the Master Developer firm to lead such a groundbreaking project for the City of Brownsville. We look forward to working closely with GBIC in this new chapter,” said Michele Porrino, WTC Industrial’s executive director.
Editor’s Note: The main image accompanying the above news story shows the WTC Premium Industrial Park in San Luis Potosí.
Here is a video of World Trade Center Industrial’s new business park in San Luis Potosí:
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