Big Lake, Texas (March 2023) – Big Lake Economic Development Corporation has begun construction of a new retail shopping center. The “dream project” began several years ago, and thanks to Director Jimmy Barton’s leadership, the community is excited to see the dream become a reality. The shopping center will feature multiple retail establishments, including a national-chain anchor store, and is set to open by Christmas of 2023. Financing for this project was provided by Government Capital Corporation, Southlake, Texas.
“Big Lake EDC is proud to have made this investment to support the economic growth of the City of Big Lake and Reagan County, and we’re thankful for Government Capital’s partnership in making it happen,” says Jimmy Barton, Director, Big Lake EDC. “We had a great experience with Government Capital, and the team provided constant communication throughout the process. We are grateful for their expertise in the unique challenges facing Texas economic development corporations.”
“I would like to congratulate Jimmy Barton and Big Lake EDC on their work and foresight on this project,” stated Stephanie Cates, Vice President, Government Capital Corporation. “Government Capital is proud to partner with Texas Economic Development Corporations and support Texas communities.”
About Big Lake Economic Development Corporation
The Big Lake Economic Development Corporation was established in 1999 after the passage of a half-cent sales tax. The purpose of the EDC is to benefit the city of Big Lake with projects that promote new or expanded business enterprises. Big Lake EDC’s mission is to maintain a small-town atmosphere while promoting a positive environment for business growth and quality of life. To learn more about Big Lake EDC, visit www.biglakeedc.org.
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company and its affiliates have successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com.