SEDCO planning 64 acres purchase to expand Progress Park

Sep 12, 2017, 

With available space in Sherman’s Progress Park industrial area dwindling, the Sherman Economic Development Corp. is planning to purchase an additional 64 acres for the park just west of the Panda Power plant on the city’s southside.

The SEDCO board of directors voted Tuesday to put the 64 acres of land under contract for $450,000. SEDCO President John Plotnik said the corporation will have a 60-day due diligence period to do a survey and title report on the land, which will likely bring its final price to around $475,000.

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