Central Texas, January 5, 2026
Central Texas is poised for significant economic growth with major investments from corporations like Samsung and Costco. A $17 billion semiconductor plant in Taylor by Samsung and a new Costco warehouse in Liberty Hill are among the projects expected to create thousands of jobs and boost local economies. Additionally, further retail developments, including a Target store, are set to enhance the area’s offerings, promising improved amenities and opportunities for residents.
Central Texas Welcomes Major Business Expansions in 2026
Central Texas is set to experience significant economic growth in 2026, with major corporations like Samsung and Costco planning substantial investments in the region. These developments are poised to create thousands of jobs and stimulate local economies.
Samsung’s $17 Billion Chip Plant in Taylor
Samsung is on track to open its $17 billion semiconductor manufacturing facility in Taylor by the end of 2026. This plant aims to bolster U.S. semiconductor production and is expected to generate thousands of jobs, contributing significantly to the local economy. The project broke ground in 2022 and is progressing as planned.
Costco’s Expansion in Liberty Hill
Costco is constructing a 160,000-square-foot warehouse in Liberty Hill, approximately 30 miles north of Austin. The $62.6 million project is slated for completion by March 2026. This new location will serve as a commercial anchor for the Mayfair community, attracting additional retailers and services to the area. The development includes a fuel station with 24 spots and is expected to create numerous local jobs.
Additional Retail Developments in Liberty Hill
In addition to Costco, Liberty Hill is set to welcome a new Target store. The 149,000-square-foot facility, valued at $22 million, is under construction at the intersection of U.S. 183 and Texas 29. The project is expected to be completed by July 2026, further enhancing the town’s retail landscape.
Other Notable Projects in Central Texas
- PopStroke Cedar Park: Tiger Woods’ mini-golf chain plans to open its second Austin-area location in Cedar Park. The 13,000-square-foot facility is expected to be completed by April 2026.
- Uniqlo Austin: The Japanese clothing brand is building its first Central Texas store at Barton Creek Square in Austin. Construction is expected to be finished by September 4, 2026.
- H Mart Austin: The Korean supermarket chain is expanding with a new location off Burnet Road in Austin, marked as “coming soon” online, indicating a potential opening in 2026.
Impact on the Region
These developments reflect Central Texas’s rapid growth and its appeal to major corporations. The influx of large businesses is expected to create thousands of jobs, boost local economies, and enhance the region’s retail and manufacturing sectors. Residents can anticipate improved amenities and increased economic opportunities in the coming years.
Frequently Asked Questions (FAQ)
What major companies are expanding into Central Texas in 2026?
Samsung and Costco are among the major companies expanding into Central Texas in 2026. Samsung is opening a $17 billion semiconductor manufacturing facility in Taylor, and Costco is constructing a 160,000-square-foot warehouse in Liberty Hill.
When is Samsung’s chip plant in Taylor expected to open?
Samsung’s $17 billion semiconductor manufacturing facility in Taylor is expected to open by the end of 2026.
What is the size and cost of Costco’s new warehouse in Liberty Hill?
Costco’s new warehouse in Liberty Hill is a 160,000-square-foot facility with a $62.6 million investment, slated for completion by March 2026.
What other retail developments are planned in Liberty Hill?
In addition to Costco, Liberty Hill is set to welcome a new Target store. The 149,000-square-foot facility, valued at $22 million, is under construction at the intersection of U.S. 183 and Texas 29, expected to be completed by July 2026.
What is the expected impact of these developments on Central Texas?
The influx of large businesses like Samsung and Costco is expected to create thousands of jobs, boost local economies, and enhance the region’s retail and manufacturing sectors, providing residents with improved amenities and increased economic opportunities.
Key Features of Central Texas Business Expansions in 2026
| Company | Project | Location | Size/Investment | Completion Date |
|---|---|---|---|---|
| Samsung | Semiconductor Manufacturing Facility | Taylor, TX | $17 billion investment | End of 2026 |
| Costco | Warehouse | Liberty Hill, TX | 160,000 sq ft, $62.6 million investment | March 2026 |
| Target | Retail Store | Liberty Hill, TX | 149,000 sq ft, $22 million investment | July 2026 |
| PopStroke | Mini-Golf Facility | Cedar Park, TX | 13,000 sq ft | April 2026 |
| Uniqlo | Clothing Store | Austin, TX | $2.4 million investment | September 2026 |
| H Mart | Supermarket | Austin, TX | New location | 2026 (exact date TBD) |
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