Page 74 - FDI Alliance International Magazine Summer 2020 Digital Interactive Issue
P. 74

will be built into four lanes. These two projects that
                                                                                connect will allow an easier transportation of goods
                                                                                serving as an easier port and Brian Beach access.
        In an Expansion Solutions Magazine article featuring   is rapidly expanding to take advantage of the new
        Freeport, Texas, I emphasized that ‘Freeport   market and has recently added a master-planned,   What is not keeping pace with industrial growth…
        Stayed Open for Business’, and to this day the   288-acre rail-served logistic park that is shovel-  is the development of housing and retail.
        city is still open – despite the challenges of the   ready with soil stabilized and rail installed.
        Covid-19 Pandemic and its effect on businesses.                         Freeport used to be known for its shrimping fleets;
        The City of Freeport functions well and staffing   The City’s industrial base continues to grow   however, over time along with fluctuations in the
        has not stopped. Although we the city faced many   attracting thousands of highly qualified employees   economy the industry disappeared. Compounding
        challenges, business of all types continues to   to the industrial complexes; thus, the daytime   the loss of the shrimping industry, sister cities
        operate, and opportunities are available to those   population within a few miles of downtown   along nearby highways grew along with their retail
        that want the opportunity to pursue Freeport.  mushrooms to well over 75,000 people. This is   businesses and new housing markets that were
                                            boon for Freeport’s and surrounding cities, retailers   traditionally located in Freeport.
        Due to our location along the Gulf of Mexico   and restaurants, as they take advantage of the
        within the Houston MSA, the City of Freeport   success and expansion of its manufacturing base.  Like any aging community that did not keep up with
        continues to attract industrial companies looking                       the change in the economy eventually led to a loss of
        for a location in a community with a deep-water   Investment of infrastructure continues to be a   retail development in Freeport’s downtown district
        port. To that end, Port Freeport is deepening its   priority with the Texas Department of Transportation   and to some degree on its major transportation
        channel to 56 feet and will allow larger Panamax   expanding Highway 36 into a four-lane highway   corridors. Fast forward from the robust days in the
        ships traveling from Asian markets through the   through Freeport to I-69, which is currently under   1960 to now has shown a sharp decline in retail
        Panama Canal to access these facilities.   construction in certain segments. The bridge on   throughout the city. There is no good reason for this
                                            FM 1495 along the Brazos River into downtown   to have occurred due to the number of residents
        Freeport’s Gulf of Mexico location is one of the   is scheduled to be demolished and rebuilt starting   and daytime population in Freeport, other than
        deepest areas and highly accessible. Port Freeport   at the end of this year. The former two-lane bridge   who had a hand on the tiller guiding Freeport.






        74. FDI ALLIANCE INTERNATIONAL
   69   70   71   72   73   74   75   76   77   78   79