About Lindale Economic Development Corporation
Lindale Economic Development Corporation (LEDC) was chartered in September 1994. The corporation is organized exclusively for the purposes of the promotion and development of new and expanded business enterprises to promote and encourage employment and the public welfare as provided by the Development Corporation Act of 1979 as amended. The Corporation has no members and is a non-stock corporation.
LEDC is a Texas non-profit corporation created under Section 4A of the Development Corporation Act of 1979, now known as a Type A Corporation. LEDC is directed by a 5-member Board of Directors who serve a three-year term and are appointed by the City Council.
LEDC collects a one-half-cent sales tax on goods sold within the Lindale City Limits and the funds are utilized to support the organization's plan of work.
Recent Economic Development History of Lindale, Texas
- LEDC completes infrastructure improvements in Lindale Industrial Park. Park improvements include a 40-foot wide concrete road (named Lindale Industrial Parkway), water, wastewater, storm drain, street lights and signage. The park features available lots ranging in size from 2 to 43 acres in size. With a convenient and highly accessible location adjacent to I-20 and within 200-miles of 16-million population, the park is a natural for logistics and distribution.
- Collin Street Bakery and Restaurant completes construction on its new Lindale location. The Collin Street Bakery and Restaurant is located at the intersection of Interstate 20 and FM 849, near the entrance of the Hideaway Lake residential community.
- Lindale and Tyler realign ETJ boundaries between the two cities.
- The City of Lindale purchases the former Allen Canning property immediately north-east of downtown.
- The biomass power plant allows its option to expire on the 43-acre site in Lindale Industrial Park.
- Lindale EDC and the City of Lindale are awarded an $850,000 infrastructure grant (with an $850,000 local match), from the US Economic Development Administration (EDA) for infrastructure improvements in the Lindale Industrial Park.
- Lindale EDC reaches an agreement with Smith County to upgrade Harvey Road south of the Target Distribution Center for the County providing the labor to rebuild, and widen the road, with LEDC paying for the materials.
- LEDC begins site search and negotiations with Decker Energy (Winterpark, FL) for a site for a biomass power plant near I-20. The company options a 43-acre site in Lindale Industrial Park in May 2008.
- LEDC supports King Manufacturing with a business retention agreement to retain at least ten jobs. (Due to economic conditions, the business closed in 2008.)
- LEDC purchases 125 acres just off the southwest corner of I-20 and Harvey Road for development as an industrial park.
- LEDC purchases 135 acres at the northwest corner of I-20 and Harvey Road for development as a business park.
- LEDC hires its first full-time executive staff person.
- LEDC appoints an advisory board and hires Adams Consulting Engineers (Tyler) to begin developing a master plan for the two parcels.
- Lowe's announces a new store is slated to be built in Lindale.
- Trinity Mother Frances begins construction on a new medical facility.
- LEDC funds application for grant for streets to serve Lowe's and Trinity Mother Frances.
- Wal-Mart site plan is approved by Lindale City Council at the adjacent site to Lowe's.
- LEDC approves infrastructure grant to Lowe's to move water and gas transmission lines at site of new store and make available additional pad sites.
- LEDC approves grant to Cates Cast Stone for sewer project supporting the relocation of its facility to the old brickyard facility in Lindale; resulting in the renovation and dramatic improvement of that property which had been vacant for years.
- Lindale and Tyler are jointly awarded Texas Economic Development Commission's top award for economic development cooperation on the Target project.
- LEDC approves grant to Thermo Manufacturing supporting the relocation of its facility to Lindale. The project included the reconstruction of Walnut Springs Road from North US 69 to the manufacturing site.
- Target Distribution Center workforce totals more than 1,000 employees.
- Cracker Barrel announces restaurant to be built in Lindale; LEDC has been working on project.
- Target Distribution Center opens.
- Cracker Barrel opens.
- First grant given to King Manufacturing to relocate its plant to Lindale from Oklahoma, and to create new jobs.
- LEDC receives a grant from Southwestern Bell to put a sign on I-20 (for two years) advertising places to stop at the Lindale intersection.
- First indication is given that a “distribution center” is interested in a Smith County location (including Lindale).
- LEDC commits up to $1 million over seven years to Dayton Hudson Corporation if Target Distribution Center is located within Lindale city limits. Lindale becomes Target’s Number One choice in Smith Co.
- Target announces Lindale as its choice for the center. LEDC’s potential commitment is reduced by TIF to $350,000; primarily to be used for overpass at Harvey Road and I-20.
- Construction of two new motels completed at I-20 and Hwy 69 intersection.
- Lindale Area Chamber of Commerce promotes half-cent sales tax passage, which later passes.
- City forms Lindale Economic Development Corporation (LEDC).
- Tom Mullins (with Tyler EDC) helps LEDC host breakfast for Tyler builders and developers to promote Lindale. As a direct result, Conaway Homes started building spec houses in The Woodlands later that year. In turn, the success of The Woodlands encourages Choice Homes and other developers/builders to start housing developments in the Lindale area. (The new streets of the Woodlands are curbed and guttered with sewer service at the suggestion of LEDC.)
- City begins annexation process for area along Hway 69 from Prairie Creek Church to I-20.
- Lindale and Tyler realign ETJ at I-20 and Hwy 69, and Lindale annexes south of I-20. This brings sewer service to that area west of Hwy 69. Activity supported and encouraged by LEDC.
- Construction begins of two new motels located constructed at I-20 and Hwy 69 intersection (finished 1995).
- The Lindale Economic Development Corporation (half-cent sales tax board) begins to function.
- Lindale Economic Development Committee is formally organized.
- Lindale Econonic Development Committee recommends to Chamber Board, then City Council, the establishment of a half-cent sales tax for economic development.
- City Council calls half-cent tax election for January 15, 1994.
- School bond passes for new high school.
- Pat Rogers proposes idea to establish a Lindale Economic Development Committee to coordinate the efforts of area boards and councils.
- Permanent site established for local rodeo grounds on west Hubbard Street.
- Lindale Area Chamber of Commerce sponsors the first rodeo in Lindale.
- Lindale Area Chamber of Commerce is founded to promote the local business climate and “Good Country Living” theme of Lindale.
- First "CountryFest" is held; sponsored by Lindale Area Chamber of Commerce.