In a recent episode of The Building Texas Show, San Angelo Mayor Tom Thompson emphasized the city's "can-do" spirit and strategic approach to economic development, highlighting transformative projects that promise substantial tax revenue without the typical burdens of residential growth. The mayor detailed how performance-based incentives, particularly through 380 agreements, protect taxpayers while funding community improvements.
A centerpiece of the discussion was the potential development of a third-generation data center valued between $7 billion and $12 billion. Such a facility would generate a massive surge in tax revenue without increasing demands on public safety or infrastructure, unlike residential expansion. "Economic development really subsidizes all the improvements that move your city forward," Thompson said, noting that funds from these projects support green spaces, parks, and roads.
Infrastructure remains a key focus, with San Angelo being the largest town in Texas without an interstate highway. The city is working on long-term projects like the Ports to Plains and I-14 corridors, aiming to create a diagonal commerce route from Mexico to Canada over the next 20 to 30 years. These routes would relieve congestion on I-35. Additionally, the Angelo State University flight program and international training partnerships with the Canadian Air Force are supporting expansion at the San Angelo Regional Airport.
Water security is another priority. The city is pursuing a reclamation project on the Concho River to reduce daily groundwater reliance by 40-60% through reuse, ensuring resilience regardless of rainfall. "Water is economic development," Thompson stressed, underscoring the importance of sustainable resources for growth.
Education and talent retention are bolstered by Angelo State University's over 10,000 students and its nationally recognized cybersecurity program. The synergy among the university, Goodfellow Air Force Base, and recent FBI investments creates a robust ecosystem for engineering and intelligence careers. "San Angelo is a can-do city. People are ready and willing to make the investment to move forward," Thompson added.
