Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
GAF Energy Eyeing 450,000 Square Foot Georgetown Solar Shingle Manufacturing Plant
GAF says it protects like a roof, installs like a roof – and produces clean energy, from the world’s first nailable solar shingle. And business must be pretty good. The company recently presented its growth plan in writing to the City of Georgetown.
The town’s council approved a development agreement that would allow GAF Energy to construct a 450,000 square foot industrial building at IH 35 and SE Inner Loop. The location is within a Reinvestment Zone which would allow the developer to pursue a tax abatement agreement. The estimated cost of the improvements is $100 million. GAF Energy has chosen Portman Industrial to build the manufacturing facility. GAF says the project will create 265 jobs.
GAF’s Timberline Solar product will challenge Solar Roof, a product Tesla introduced in 2016.
- ◦Development