Balcones Real Estate Group, LLC is advancing a major investment in Lockhart, committing $10 million in new capital investment for a new facility within the city. Supported through a performance agreement with the Lockhart Economic Development Corporation (LEDC), the project includes necessary infrastructure upgrades to ensure the site is fully operational.

The investment will support Balcones’ business operations in Lockhart over a ten-year period, promoting long-term economic growth. While job creation figures are being finalized, the project is expected to generate employment opportunities and contribute to the local economy through business development, property improvements, and ancillary economic activity.

The LEDC Board of Directors has approved the performance agreement, and City Council approval is underway in accordance with Texas Local Government Code. Balcones’ decision to expand in Lockhart underscores the city’s commitment to attracting and supporting new and growing businesses, increasing the local tax base, and strengthening community infrastructure.