Transformational Project to Include
Thousands of Residential and Multifamily Developments; an
Industrial & Manufacturing Park; a Town Centre, Airport and a
New Vital Water Resource
LAREDO,
Texas, May 21, 2024 /PRNewswire/ -- An
unincorporated area in Webb
County, situated North of Laredo,
Texas, at the intersection of I-35, US 83, and Texas 255 in South
Texas, is about to undergo a $7+ billion-dollar
transformation.
The master planned project is named "Talise". Talise is poised
to evolve into a multi-use development with a $1.6-billion-dollar investment from a
multigenerational Texas family,
the Walkers. Spearheading this initiative is the SE Legacy
Development, LLC, established by the Walker Family. The project
spans 13,000 acres of family-owned land intended to foster the
creation of thousands of jobs, facilitate the growth of commercial
and industrial manufacturing businesses, create thousands of new
homes and luxury apartments, and an airport which will accommodate
large transport flights and offer a never-ending reliable water
source, while collaborating with the communities of Webb County and the City of Laredo to enhance the inherent beauty
of the region.
Talise stands as the Walker Family's prized undertaking to
utilize their resources for the betterment of the South Texas
Region. "Our family believes the time has come that our region of
Texas has this ambitious scope and
range of project built here, so all Laredoans, Webb County and South Texas residents have an opportunity to
take advantage of all that Talise will bring.", stated the
President of SE Legacy Development, LLC and the late Gene S. Walker Sr.'s daughter, Kandy Walker.
The legacy of the Walker Family remains a cornerstone of
South Texas history. The Walker
family's extensive involvement in various industries such as
ranching, oil and gas production, real estate, and commercial
ventures has left a profound mark on the region.
With ownership that at times has surpassed over 250,000 acres of
Texas ranch holdings, Gene S. Walker Sr. was recognized as "Rancher of
The Year" on numerous occasions. With a focus on enhancing the
regions quality of life, the Walkers are dedicated to providing the
necessary tools and investing the time and family financial
resources to ensure its development through to completion.
Central to the Talise development was the discovery of a vital
water source within the family's land holdings. This discovery is
particularly important as it offers an alternate solution to the
pressing water shortage in the City of
Laredo, the Colonias, and all of Webb County, by providing a never-ending
reliable water supply. Without a reliable water source, the
community potentially faces a series of adverse consequences
affecting drinking water, safety, and recreational activities. The
proposed capacity to treat 50 million gallons of Talise's water
daily by the newly established Legacy Water Supply Corporation,
underscores the reliability of this resource, offering a lifeline
benefiting the entire region.
"While the size and complexity of the Talise development,
featuring thousands of new homes, luxury apartments, a large scale
Industrial and Manufacturing Park, vast commercial leased space and
an airport is on a scale achieved by few developers in the United States. Identifying and securing
the water resources that Talise possesses and which we can provide
and sell, into perpetuity, is truly breathtaking," said General
Counsel & Chief Development Officer for Talise, David E. Earl.
Located at the crossroads of commerce, this development is set
to bolster international trade for the entire southern region of
the U. S. Moreover, the expansion of residential communities
increases accessibility to the local job market, fostering the
development of local infrastructure and public service
amenities.
The future of Talise has its sights on cultivating a flourishing
community that not only benefits its residents but extends its
support to neighboring areas. It offers diverse opportunities,
whether in business or service sectors, ultimately enhancing the
quality of life for inhabitants throughout Webb County.
Talise, "Where Dreams Take Root".
To learn more visit https://www.livetalise.com/
CONTACT:
T. J. Connolly
(Cell)
956-606-9399
(Cell)
210-601-2601
tj@connollycompany.com
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SOURCE SE Legacy Development, LLC