ANDREWS – The Andrews Economic Development Corporation this week closed on a major land deal to provide its largest business park yet and open the door to additional business and development.
AEDC Director Morse Haynes said the deal involves 227 acres inside Andrews Loop 1910 and Mustang Dr. in southwest Andrews.
The AEDC paid $1.25 million for the land, or $5,500 per acre, according to Haynes.
“We’ll develop it as our third business park,” Haynes said. “It will be developed in three phases. It’s a huge track of land and we can’t afford to develop it at one time.”
The move comes as AEDC’s ...