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Funds approved for warehouse/business park

Summary by Orange Leader
A proposal to construct a business which comes with a $9 million capital investment will see some help from the city in the form of economic development grants. The ITEX Group plans to build Cypresswood FlexPark at the Intersection of Texas 87 South and FM 105. It would be constructed in two phases. Phase 1 will be 13 buildings and Phase 2 would be an additional 12 buildings for a total of 25. The business park will be a flex warehouse and busin…

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Orange LeaderOrange Leader
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Funds approved for warehouse/business park

A proposal to construct a business which comes with a $9 million capital investment will see some help from the city in the form of economic development grants. The ITEX Group plans to build Cypresswood FlexPark at the Intersection of Texas 87 South and FM 105. It would be constructed in two phases. Phase 1 will be 13 buildings and Phase 2 would be an additional 12 buildings for a total of 25. The business park will be a flex warehouse and busin…

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Orange Leader broke the news in on Friday, December 19, 2025.
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