The Williamson County Economic Development Partnership commissioned the Perryman Group to conduct an economic impact analysis on the following major Williamson and Milam County announcements:
• Samsung Austin Semicondutor • Soulbrain, Taylor, Texas
• Titan Hutto Mega Site, Hutto, Texas
• Skybox Data Center Campus, Hutto, Texas
• 3,200-acre advanced manufacturing park, Rockdale/Milam County “The purpose of conducting this analysis is to help our eastern Williamson County communities, Williamson County, Rockdale, Miliam County and the State of Texas to understand the amount of growth that will occur over the next few decades,” Wilco EDP Executive Director Dave Porter said in a release. “We will continue to see dynamic growth along U.S. 79 from Round Rock to College Station.”
Based on these projects coming to the U.S. 79 corridor, the impact to population and housing at full buildout of the five projects would be significant. Below is the impact to just these three communities.
• Taylor — population increase of 24,100; 8,600 new housing units
• Hutto — population increase of 32,800; 11,700 new housing units
• Rockdale — population increase of 42,000; 19,800 new housing units The analysis also included the impact on jobs and overall fiscal impact at full buildout of the five projects for the two counties.
• Williamson County — 34,700 jobs (including multiplier effects) and $4.9 billion in annual gross product
• Miliam County — 196,400 jobs (including multiplier effects) and $24.3 billion in annual gross product “The U.S. 79 Corridor is emerging as a magnet for expanded technology development that will have profound positive impacts on local economies for decades to come,” Ray Perryman said in a release. “The results of this analysis are most impressive.”
Funding partners for the analysis are the Wilco EDP, Taylor and Hutto economic development corporations, Rockdale Municipal Development District and RPower, a Houston-based power generation company.
