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1,500 acre mixed use development announced
A new 1,500-acre business and industrial park near the intersection of Interstate 20 and Texas 31 was announced Friday morning. River Bend Industrial Park is the name of the development jointly spearheaded by MB Companies and 4S Oil Company, according to a prepared statement. Developers said the property represents one of the largest contiguous tracts of industrial and commercial property in East Texas. A formal announcement event is scheduled May 22. Developers said the project will be divided into three phases, including a 175-acre industrial park, a 500-acre business center and a 300-acre wetland and wildlife preserve. “The River Bend Industrial park will attract medium to light duty industrial businesses while the River Bend Business Center will house retail and commercial facilities for restaurants, shops, hotels/motels and light business space,” the statement said. Calls to River Bend were not immediately returned Friday. Contacts listed included Randy Brogoitti and Julie Woods.


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