FOR IMMEDIATE RELEASE
Two Acre Lot Owned by EDC Sells to National Restaurant Chain
August 11, 2020 (CONVERSE, TX) The City of Converse Economic Development Corporation (EDC) announces the sale of a portion of five parcels the EDC owns at city center. The sale of the land at the lighted corner of FM 78 and Center Street will bring in the national restaurant chain Burger King with a double drive-thru and a second building at 5,800 square feet for a convenient/food store and will include an additional restaurant space with a second set of double drive-thru lanes. Drive-thru restaurants in Converse have stood strong through the current health challenges.
The properties have been marketed by Transwestern since January 2019 with half-acre to three acres sites still available. The five (5) parcels were purchased in 2017 with a plan to create economic growth in one of the many areas the City is also investing resources. The City has and is in the process of expanding S. Seguin, FM 1516, Rocket Lane, Toepperwein, and Loop 1604, many include TxDOT funding.
Mayor Al Suarez shared, “As Mayor of Converse for the past 13 years, we are approaching our highest peak of success ever. Thanks to the aggressive proactive efforts of our city staff & Economic Development Corporation.” Adding to the announcement, Rosa Gary, President of the Converse EDC Board of Directors, “We are thrilled that we continue to have commercial growth in our city; they will become part of our story! The EDC team diligently supports our business community and looks forward to continuing a path of success!”
The EDC actively promotes the City’s population growth to highlight where businesses should expand next. Currently, Converse has 3,000 new single-family homes actively being built with more on the horizon. New single-family homes, multi-family possibilities and annexation phases planned to IH-10, makes the current and future Converse an untapped market for retail, restaurant, hospitality, and commercial developments. Find out more at www.ChooseConverse.com
Jimsi Kuborn, Executive Director
City of Converse Economic Development Corporation
Jkuborn@converseedc.com PH # 210.659.9163