Wide open opportunities in dynamic West Texas.

outdoor construction

Proximity to cluster advantages, lower costs, available land and advantageous demographics—all together, they open opportunities across sectors, including:

Distribution and logistics
Superior access and speed plus lower costs make Colorado City the right place for distribution operations to start fast and stay ahead. Easily accessed through two exits, abundant acreage along I-20 offers the velocity and connections of a major commercial route, and with municipally owned land, parcels are available at lower or no cost for qualified projects.

Metal-fabrication and manufacturing
Colorado City offers powerful dual advantages for metal-fabrication and related industry: Proximity to manufacturing and oil-related industries, plus a robust and ready workforce of skilled welders currently employed outside Mitchell County.

Energy
While it’s common knowledge that Texas is far and away the nation’s top oil producer, the state is also a leading wind generator. And Colorado City offers the perfect position to profit in:

  • Oil and gas, NGLs: The City’s prime location in the Permian Basin opens significant opportunity in oil resource-related industry. As the community closest to the China Grove Oil Storage Facility (one of the largest oil storage hubs in the state), Colorado City is a hub for pipeline construction, routinely hosting major construction projects. The Permian location also makes the City a strategic location for NGL-related businesses.

  • Wind: Already home to wind production operations including Loraine Wind Farms, Mitchell County offers all the best of West Texas geographic advantages in a low-cost community with well-established workforce training already in place: Texas State Technical College launched the state’s first community college wind energy program in 2007.

Retail/hospitality
It’s the perfect combination: High demand, high traffic counts, lower costs. While retail and dining outflows in the City’s trade area show that residents are hungry for more options, high-profile locations along I-20 offer the visibility of a national commercial route with daily traffic counts of 15,000, plus the affordable opportunity of City-owned acreage.

Real estate
Colorado City encourages both new construction and renovations through targeted incentives: Grants of up to $11.00 per square for new housing for qualified projects, and in the city’s historic downtown area, property tax abatements for up to 10 years for improvement and renovation of existing buildings.

Healthcare
At the local level, the Mitchell County Hospital provides an exceptional range and quality of services, opening excellent support opportunities. Also, leading regional healthcare systems and the training hub of the Texas Tech Health Sciences Center together create a ready market and resources for healthcare innovation.