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All Important Notices

Posted on: July 17, 2017

Corsicana is Experiencing an Increase in Population - Preparing for Residential Development

7/17 Press Release – Economic Development, Real Estate, Corsicana TX Growth


Navarro County, and its seat, Corsicana, charts a trend in growth since 2010 census, signaling need for immediate residential development


Corsicana is courting builders: A new Infill Housing Program makes building single-family homes affordable here, just 50 miles south of the Dallas Metroplex


CORSICANA, TEXAS—July 17, 2017—The numbers are in and better than expected– the population of Corsicana, Texas grew beyond projections in 2017 to 24,040, a consistent annual increase since the 2010 census registered 23,770. While the increase is slight in numerical terms, the upward growth trend in the last seven years, coupled with the expansive growth of the Dallas Metroplex spreading south, places Corsicana within a desirable commute distance and reveals a significant need in the city: new single-family homes.

Founded in 1848, Corsicana’s rich oil history left behind stunning mansions and estates with expansive lawns and 100-year-old tree-lined, quiet streets. New neighborhoods have been added over the years to meet the influx of new residents, however, these new population projections soundly point to a need for new housing. The City of Corsicana has taken steps to create development-friendly zoning regulations, reduced holding cycles for land development, and a new Infill Housing Program to return vacant city lots with utilities in place to private ownership at the lowest prices for land in Texas. To qualify, builders must complete home within 18 months.

“Builders here are reporting that homes sell before they can get to the sheetrock phase of construction,” said Scott Jones, Economic Development Director of both Corsicana and Navarro County. Jones described the Infill Housing Program’s benefits of building on existing lots, saying that city utilities, paved streets and locations in established neighborhoods help keep building costs low and profitability higher. Corsicana’s lower cost of living versus the DFW Metroplex, good public and private schools, mature parks and fields, Texas-fueled high school sports, a junior college with an affiliation with Texas A&M University, restaurant options, historic downtown for retail shopping and businesses, well developed arts district, and abundant outdoor recreation on the state’s third largest lake, Richland Chambers Reservoir, makes Corsicana a viable and affordable option for families.

Future job growth is another number on the rise. According to www.bestplaces.net, Corsicana’s job growth over the next ten years is expected to increase by 34.8%.

“Corsicana is aligned perfectly with what Millennials want today”, says Don Denbow, the City’s Mayor. “The median age is 34, the cost of living is 18% lower than the U.S. average, and commute time is under 20 minutes. The downtown is designed for shopping and strolling with no chain stores present. By comparison, the average cost of a new home in Corsicana is $92,000, well below the same in Dallas, at $148,100. The cost of living in Dallas is comparable with the U.S. average, and worker commute is 1/3 longer.” Corsicana offers a welcome change of pace and a less expensive alternative to urban lifestyle.

The city has two industrial business parks under development, one is 160 acres in cooperation with Navarro County on the I-45 corridor south of the city, which will be seen by 34,000 cars a day, and a rail-served 280 acre park east of the city at SH31 and the new Relief Route, which is under construction. The Economic Development Department is leveraging state and federal grant resources available to small cities to fund the development of necessary infrastructure. More large companies moving to Corsicana will also create additional demand for housing. Interested builders and developers are invited to request detailed information from Scott Jones or arrange for a site visit. Jones can be reached at Scott_Jones@ci.corsicana.tx.us or by telephone at 903-654-4806.

The City’s 2017 Housing Study, showing the incredible demand for new housing, is available at www.cityofcorsicana.com. Applications for the Corsicana Infill Housing Program are available by contacting the City’s Planning and Zoning Department, 200 N. 12th Street, Corsicana, TX 75110. The population study can be found at the North Central Texas Council of Governments, at www.nctcog.org. Dallas/Corsicana comparison statistics are found at www.bestplaces.net.
 
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Press Contacts: Connie Standridge, City Manager, citymanager@ci.corsicana.tx.us

    Scott Jones, Director of Economic Development,                              Scott_Jones@ci.corsicana.tx.us, O 903-654-4806, C 469-261-9770

    To contact the Mayor of Corsicana, Don Denbow, ddenbow@ci.corsicana.tx.us
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