Press Release
U.S. Department of Commerce Invests $1.9 Million to Make Critical Roadway Infrastructure Improvements Needed to Serve Industry in Bellmead, Texas
Contact: EDA Public Affairs Department, (202) 482-4085
June 2, 2016
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Bellmead, Texas, to help rebuild Tirey Road to spur new industrial development and support existing businesses in the region. According to grantee estimates, the project is expected to help create more than 250 jobs and retain more than 3,400 jobs.
“The Obama administration is committed to ensuring our nation’s infrastructure is able to support business growth and job creation,” said Secretary Pritzker. “The EDA investment announced today will allow for critical roadway infrastructure improvements needed to attract new businesses and facilitate the expansion plans of established businesses.”
The roadway enhancements supported by this EDA investment will improve Tirey Road’s function as an industrial and commercial roadway serving L-3 Platform Integration; Texas State Technical College; an existing business park; a potential business park; and local residents. The improved Tirey Road will link all of these entities directly to Highway 84 and enhance the marketability of the community and its assets, generating results in areas such as higher paying positions, more job opportunities and potential redevelopment and construction of new housing in the area.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.