NEQ - Hwy. 289 & Elliott Rd Sherman, TX 75092
Land in Sherman, TX, poised for significant industrial growth.
Type:Land
- Added:
- Jul 21, 2023
- Days on Market:
- 1009
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for NEQ - Hwy. 289 & Elliott Rd
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agent Sonya Rafie License #0330549
Listing office Sonya Realty
Listing date Jul 21, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sonya Realty
Overview
Prime Land in Knollwood, TX
This property is situated in an area experiencing substantial industrial development. A company has committed to constructing four 300-millimeter semiconductor wafer fabrication plants, a project expected to generate 3,000 new jobs and potentially billions in investments. The first facility is anticipated to be completed in 2025. Another company will establish a state-of-the-art 300-millimeter silicon wafer factory, creating 1,500 new jobs. Construction of this facility, the first of its kind built in the U.S. in over 20 years, is expected to begin later this year, with production anticipated as early as 2025. The location was selected based on local and state incentives, ample resources, and established business relationships. There are prospects of developing the city into a complete semiconductor ecosystem.
Location Intelligence
Current Use by Public Records
Industrial land
Map
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.6331
- Latitude
- 33.6274
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FAQs
What type of property is this?
Industrial land - Land in Sherman, TX, poised for significant industrial growth.
Where is this industrial land located?
The property is located at NEQ - Hwy. 289 & Elliott Rd Sherman, TX.
What are key features of this property?
This property features: Significant job creation: Thousands of new jobs coming to Sherman, TX.; Major economic investment: Billions of dollars are being invested in the area.; Strategic location: Sherman is becoming a key part of the solution to the global chip shortage.
