High-rise commercial buildings

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  + State of Texas  + Office  | 
New Braunfels to spends $160M on new hq

New Braunfels Utility Planning for Explosive Growth

The New Braunfels utility company is building a new headquarters, in line with the explosive growth of its energy customers. The town has grown by over 30% in the last five years to over 110,000 residents.

New Braunfels Utilities is spending $160 million on its new headquarters. The power company’s new offices will be built on a 77-acre parcel fronting Interstate 35, which the utility purchased in November 2023. The utility intends to create a space where it can grow as the burgeoning city grows.

The San Antonio Business Journal reports NBU’s new HQ will include an 85,000-square-foot office, a 10,000-square-foot warehouse and operations dock, a 15,000-square-foot equipment center and a 12,000-square-foot vehicle maintenance facility.

The company’s current headquarters is just under 27,000 square feet. The Main Plaza Building is actually a collection of buildings constructed over time.

Connect

Inside The Story

New Braunfels Utilities

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development