Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Opportunity Zones  | 

$900K Grant Awarded to Brownsville for Opportunity Zone Incubator

The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $900,000 grant to the Brownsville Community Improvement Corp. of Brownsville, TX. The grant’s purpose is to establish the eBridge Center for Business and Commercialization, in a designated Opportunity Zone, that will help grow technology-based entrepreneurial businesses.

The grant will help renovate approximately 18,000 square feet of the second floor in the Casa del Nylon Building at 1304 E. Adams St. The new center will provide space for advanced manufacturing businesses, as well as business development.

The city of Brownsville acquired the 52,586 square-foot Casa del Nylon Building in 2012. The Brownsville Community Improvement Corp. is handling renovation of the more than 50-year-old building. Also involved with the project is the Lower Rio Grande Valley Development Council.

Pictured: Casa del Nylon Building, Brownsville

Connect Opportunity Zones will be presented for the first time on Oct. 23 in New York. For more information, or to register, click here.

For comments, questions or concerns, please contact Amy Sorter

Connect

Inside The Story

Read more at EDAConnect With Brownsville Community Improvement Corp.Connect With Lower Rio Grande Valley Development Council

About Connect CRE

  • ◦Economy