STAR Park incubator to get 20 more acres for new tech companies

Sep 2, 2014
Austin Business Journal

Texas State University will expand its Science, Technology and Advanced Research (STAR) Park business incubator following the acquisition of 20 acres of land adjacent to the San Marcos facility

The TSU System board of regents approved the purchase for $1.7 million at its meeting on Thursday

The expansion will bring STAR Park to a total size of just over 58 acres after the site is completely built out in approximately 20 years. The total facility would be able to accommodate 500,000 square feet of engineering, laboratory and office space once completed

On Thursday the regents also voted to split an expansion of the STAR One building into two phases to allow the addition of six new lab spaces to begin sooner than a 16,000-square-foot expansion project

STAR One was paid for with funding from the U.S. Department of Commerce Economic Development Administration, the city of San Marcos and Texas State University

Businesses that operate out of STAR Park must be involved with TSU in product research, development, engineering, testing and/or scale production of a proprietary product, process or service

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