This would be an absolutely incredible boom to the Victoria economy.  In an article posted by the Hoston Business Journal, an El Campo, Texas-based company is considering a new crude refinery project that would bring more than $5.5 billion of investment to Bloomington, Texas, in Victoria County.

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The new project would reportedly bring in as many as 1,250 construction workers to build the new plant. It would also create 423 permanent jobs in our area.  In the article, the Texas comptroller’s office and reporting by the Wharton Journal-Spectator, a subsidiary of Southern Rock Energy Partners - Prairie Energy Partners LLC - is currently seeking tax abatements for a proposed 250,000-barrels-per-day refinery in Bloomington that would process the light, sweet crude commonly produced in Texas.

DEVELOPMENT CONTINUES IN VICTORIA:

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Earlier this week, we learned of the new Victoria Town Center coming to Victoria. The new shopping center will be adjacent to Home Depot and has announced its first two tenants. The Boot Barn and Burlington Coat Factory.  The Boot Barn is slated to open by the end of this year. Burlington Coat Factory will open up early next year(2023). Is this the start of a development boom in Victoria?

NEW APARTMENTS FOR SENIOR CITIZENS COMING TO VICTORIA:

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Earlier this week, we also learned of a new apartment complex coming for Senior Citizens.  The new place will be called Fish Pond at Victoria, a 75-unit apartment complex for seniors near Airline Road and Navarro Street. FishPond at Victoria will include 75 units for residents aged 55 and older who earn less than 60% of Victoria’s area median income, which varies depending on household size.

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