Texas Border Affairs
BROWNSVILLE, Texas – The Greater Brownsville Incentives Corporation (GBIC) has selected World Trade Center (WTC) Industrial as the Master Developer through a Request for Interest (RFI) process to lead the planning, development and operation of 730 acres (+/-) Business I-169 North Corridor Industrial Park located on the south side of the I-169 frontage between Old Alice Road and Paredes Line Road, less than 2 miles from I-69 and 7.2 miles from the port of Brownsville.
World Trade Center Industrial is part of Grupo Valoran, a real estate and infrastructure company headquartered in San Luis Potosi, Mexico. Since 2011, Grupo Valoran has been present in Houston, Texas, with its subsidiary Valoran USA. Grupo Valoran has over 45 years of experience in creating sustainable value through the operation, acquisition, sale and development of real estate.
WTC Industrial is a member of the World Trade Center Association, a global network present in 92 countries and regions with 313 current WTC licenses worldwide. Their many accolades include the development of Mexico’s largest intermodal terminal, the WTC Premium Industrial Park in San Luis Potosi, and the creation of Mexico’s first Free Trade Zone (FTZ), which they have administered since 2004.
“We are extremely pleased to learn that WTC Industrial has been selected as the Master Developer to lead such a groundbreaking project for the City of Brownsville. We look forward to working closely with GBIC in this new chapter,” said Michele Porrino, WTC Industrial Executive Director, on behalf of his leadership team.
“WTC Industrial offers a next-generation, rail-served, Class A mixed-use industrial development that provides best-in-class services and state-of-the-art infrastructure and amenities to meet growing domestic and international industrial demand. in the Greater Brownsville area,” said John Cowen, President of GBIC.
“GBIC’s business park development is the next step in balancing our land use patterns, creating jobs and broadening our tax base to create a more economically sustainable next-generation city,” said Helen Ramirez, Executive Director and CEO of GBIC.
GBIC seeks to promote economic growth in Brownsville and Cameron County by empowering a young, cross-generational, and skilled workforce that drives innovation within the city and region. It facilitates economic growth by promoting investment and working with regional and international partners for job creation, training, innovation, business development and manufacturing. GBIC is a non-profit, Type-A Economic Development Corporation.