Fort Bend County has added economic incentives as Tesla works to choose a final site for its new manufacturing facility.
The proposed $10.1 billion capital project, also referred to as Project Crystal Sun, could bring a solar cell manufacturing facility to a portion of a 3,057-acre site at FM 1994 and FM 762 within Lamar Consolidated ISD’s boundaries, Community Impact reported.
What you need to know: At an Oct. 22 meeting, Fort Bend County commissioners approved a series of economic incentives that would make the county a more favorable option than the company’s other considered option that has not been publicly revealed.
Fort Bend County commissioners previously approved a reinvestment zone near FM 762 and FM 1994 at an Aug. 24 meeting.
The approved incentives include:
Looking ahead: If the Fort Bend County site is selected, the facility would start operations in the first quarter of 2029, according to Lamar CISD’s website.