Champion Site Prep Inc., a company that performs earthwork, site development and excavation services in Central Texas, is planning to construct a permanent facility in Georgetown.
This results in more than $17 million of new capital investment, Economic Development Director Michaela Dollar said.
CSP was established in 1985 and has completed more than 1,500 projects across Central Texas, Dollar said. The company specializes in schools, commercial retail, office buildings, hospitals, subdivisions and commercial site development. CSP was leasing a building on Hwy. 195 in Georgetown. When its lease ended in summer 2018, city staff worked with the company to try to find a location in Georgetown, but the company moved into a temporary space in Jarrell.
The company’s broker continued to work with city staff to find a permanent space in Georgetown to fit CSP’s long-term needs, Dollar said. CSP now has about 18 acres under contract at the far north corner of Georgetown on I-35 and CR 143, where the company plans to build the permanent facility.
This will bring 200 jobs back to Georgetown, and 75 new jobs will be added over the next five years, Dollar said, adding CSP laborers make about $45,000 and equipment operators and foremen make about $62,000.
City Council approved an economic development incentive agreement with CSP at the Jan. 28 meeting. The agreement is for a $500,000 infrastructure reimbursement grant from the Georgetown Economic Development Corp.
“As you can imagine, there is not a lot of infrastructure existing on that site,” Dollar said.
District 5 Council Member Kevin Pitts said it is good to have Champion Site Prep back and that he is glad to see them coming to an area where there has not been development.
“Hopefully this will make more [development] come in the northern part of our city,” he said.
A 10-year net benefit of about $4.4 million to the city is estimated.