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Walker Family Breaks Ground on $7.4 Billion Master Planned Project North of Laredo

Walker Family Breaks Ground on $7.4 Billion Master Planned Project North of Laredo
Traded Media
by Traded MediaShare

An unincorporated area in Webb County, north of Laredo, Texas, at the intersection of I-35, US 83, and Texas 255, is set to undergo a monumental $7+ billion transformation. This master-planned project, named "Talise," will feature multi-use developments with significant investments from the Walker family through SE Legacy Development, LLC.

Project Overview

Talise will span 13,000 acres of family-owned land, aiming to generate thousands of jobs and support the growth of commercial and industrial manufacturing businesses. The development will also include thousands of new homes, luxury apartments, and an airport designed for large transport flights. A critical component is the establishment of a reliable water source, benefiting the communities of Webb County and the City of Laredo.

Walkers' Vision

The Walker family, prominent in South Texas history, is committed to using their resources to enhance the region's quality of life. Kandy Walker, President of SE Legacy Development, LLC, emphasizes the project's goal to offer extensive opportunities for local residents. The family's legacy includes significant contributions to ranching, oil and gas production, real estate, and commercial ventures.

Significant Water Discovery

Central to the Talise development is the discovery of a vital water source within the family's land. This water supply is crucial for addressing the pressing water shortages in Laredo, the Colonias, and Webb County. The Legacy Water Supply Corporation plans to treat 50 million gallons of water daily, ensuring a reliable supply for the region.

Development Scale and Impact

Talise's scale is notable, with plans for extensive residential, industrial, and commercial spaces. The project will enhance international trade for the southern U.S. and improve local infrastructure and public services. David E. Earl, General Counsel & Chief Development Officer, highlights the importance of securing sustainable water resources for the project's success.

Community and Economic Growth

The development aims to foster a thriving community, providing diverse opportunities in business and service sectors. Talise is designed to improve the quality of life for residents throughout Webb County, promoting economic growth and regional development.

Talise represents a significant investment in South Texas, driven by the Walker family's vision and resources. It promises to transform the region, creating a sustainable and prosperous community where "Dreams Take Root."

Published: May 22, 2024

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