660 Lots in Round Rock Perfectly Situated to Benefit From the $25B Samsung Investment in Texas
Strategically Located
Set on 72 acres in Round Rock, Verona offers the ideal balance between a short commute and proximity to Austin Metro for workers at the new Samsung advanced chip factory, which is the largest investment in Texas history.
Total Job Impact
For every semiconductor manufacturing job created, approximately 5.7 support jobs are also created
Source: https://www.semiconductors.org/wp-content/uploads/2021/05/SIA-Webinar-May-2021-hg-fy.pdf
Economic Impact
Using Tesla’s Giga Factory as a case study, data indicates its influence on nearby real estate to be an 11% appreciation.
Samsung vs Tesla
The Samsung Taylor investment is 2.5x that of Tesla’s investment in Austin.
A Captive Market
Compared to Tesla’s impact on ATX real estate, eastern Round Rock also represents a more captive market as there are fewer options regarding where to live for Samsung workers.
The Formation of a Major Growth Corridor
Long Term Outlook - $193B in the Pipeline, a New Silicon Valley?
Long-term, investments by Samsung into the Taylor plant are projected to reach an astounding $193B. Other programs such as the federal CHIPS Act and the Texas CHIPS Act may be contributing factors in transforming the area into a major player in Austin’s Silicon Hills.
Living Space Worth Living In
With 14.5 acres of dedicated green space, a 1-acre amenity center with a pool and a club house, and 3 acres of open common areas strategically placed throughout the community, Verona offers outdoor living space as a main attraction to residents.
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