A report released by the city of Corsicana on Wednesday shows positive economic news for the city.
City of Corsicana ends 2017 with 94 new business opening/renovation approved
permits and $27 million in commercial construction.
a record growth year for business development in Corsicana, the City
has approved 94 applications for new business location/expansion
Certificates of Occupancy as of December 8, 2017. Permits for $27
million in new commercial building construction and $5.4 million in
commercial renovation permits have been requested this past year.
new commercial projects are: Anderson, Marx & Bohl Accounting at
119 North Main, Popeye`s Louisiana Kitchen at Corsicana Crossing on
South Interstate 45, Citizens National Bank`s new home at 400 West
Collin Street, Bottlecap Alley Ice House Grill at 1208 West 7th
Avenue, Ashley HomeStore at Corsicana Crossing, and the Burlington
Northern Santa Fe Railroad expansion of the former station in
Corsicana on Business 45.
the 94 new business applications in 2017, 82 have been issued and 12
are still in the process. Most of the permits are for existing
buildings and many required new tenant improvements. Eighteen of
these businesses are located in historic downtown Corsicana.
Dallas, LLC (www.liebe.com), the athletic lettering embroidery and
company headquartered in St. Louis is repurposing the former Haggar
factory at I-45 and Haggar Drive to consolidate several plants. The
company will bring 80 new jobs to the city. Liebe utilized the new
PACE program, which is a financing mechanism to incentivize the
installation of energy and water-saving improvements to modernize the
completed a $15 million renovation which allowed the creation of up
to 125 new jobs in Corsicana. The newly renovated facility is located
on the northwest corner of US 287 and I-45.
of the more notable new retail/restaurant businesses are the
reopening of Blackjack McCanless Steakhouse and Saloon in historic
downtown Corsicana, the new Brinson Powersports on Martin Luther King
Boulevard/Highway 31, Timbers Coffee House and Gifts on Collin Street
in Downtown (recently featured in D Magazine), the newly constructed
Freedom Shooting Sports on Highway 287, the opening of Navarro Nails
& Spa on West 7th, Peace Love Retro on Beaton, the building
renovation and opening of Changing of the Garden Nursey onMain
Street, and the Across the Street Bistro by Andreas in
City of Corsicana offers attractive business incentive programs, from
downtown property tax refunds and five-year tax freezes (city and
county) to discounted prime industrial land in two business parks, to
aggressive property tax abatement for new development and renovation,
and the county-sponsored PACE financing program. Additionally,
state incentives such as the Texas Enterprise Fund, Skills
Development Fund, Enterprise Zone sales tax refund and other
available programs assist new and expanding businesses choosing
Don Denbow commented on the past year`s Economic Development
activities. "New construction is always welcome in Corsicana. The
best news, though, is the number of existing buildings which have new
owners and thriving businesses. These are the heart of the city."