Build a Samsung semiconductor plant in a small town 29 miles from Austin and what could change?

One town on the edges of the Austin, Texas metropolitan region could be in for change:

Photo by Pixabay on Pexels.com

The tech giant is opening ‘the largest semiconductor manufacturing complex in America’ in Taylor, near Austin, bringing thousands of jobs and billions in investment to the area. 

Taylor is currently a small, quiet city with just 16,000 residents, but that is set to change.

Mayor Brandt Rydell told KVUE: ‘From 2020 to 2030, Taylor will be one of the most rapidly growing cities in Texas, if not the nation.’ 

The average house price is just $298,000, but with the plant expected to open later this year, house prices could rise as more luxury properties are built. 

The main focus in this article is the expected rise in housing values with some discussion of jobs and economic development. What else might change?

  1. Higher status. Not all suburbs have a major Samsung plant.
  2. More traffic. This includes employees traveling to and from the plant as well as supplies and products moving in and out.
  3. New civic service and local revenue issues to confront. How will the community spend new tax monies that come in? What services will the plant and its operations require?
  4. A larger population. Do some long-time residents dislike the changes? Does new development alter the character of the community?
  5. Will the arrival of Samsung lead to other businesses moving to town? Or support businesses (where will all those plant employees spend their money)?

In other words, come back to Taylor in ten years and it might look and feel different.

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