Central Texas, January 5, 2026
Central Texas is set for significant economic growth as major corporations like Samsung, Costco, and Target plan substantial operations in the region. These expansions are projected to generate thousands of jobs and invigorate local economies. Samsung’s forthcoming $17 billion chip plant in Taylor will create a notable number of manufacturing jobs, while Costco and Target are enhancing their presence in Liberty Hill with new warehouses and stores. Other exciting developments include Uniqlo and H Mart openings in Austin and PopStroke’s mini-golf venue in Cedar Park, contributing to the region’s retail landscape.
Major Business Expansions Set to Transform Central Texas in 2026
Central Texas is poised for significant economic growth in 2026, with major corporations like Samsung, Costco, and Target establishing substantial operations in the region. These developments are expected 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 anticipated to generate approximately 4,500 manufacturing jobs and 17,000 construction jobs over the next five years. The facility will span 51.7 million square feet and is expected to be operational by the end of 2024.
Costco’s Expansion into Liberty Hill
Costco is constructing a 160,000-square-foot warehouse in Liberty Hill, approximately 30 miles north of Austin. The project, valued at $62.6 million, is slated to open by March 2026. This store is expected to create over 300 jobs and serve as a significant commercial anchor for the rapidly growing community.
Target’s New Store in Liberty Hill
Target is also expanding its presence in Liberty Hill with a new 148,000-square-foot store. Construction began in July 2025, with an anticipated opening in June 2026. This development is part of a broader trend of major retailers investing in Central Texas, contributing to the region’s economic growth.
Additional Retail Developments in New Braunfels
New Braunfels is set to welcome a 150,000-square-foot Costco warehouse and fuel station in the Mayfair community. Construction is underway, with an expected opening in spring 2026. This store will serve as the first major commercial anchor for the development, offering residents convenient access to bulk goods and fueling services.
Submersive Spa’s Immersive Experience in Austin
Submersive Spa, co-founded by Meow Wolf’s Corvas Brinkerhoff, plans to open the world’s first immersive art and relaxation experience in Austin. The first half of the spa is expected to open in 2026, with the full facility slated for completion in 2027. This innovative project aims to blend art and wellness in a unique setting.
Uniqlo’s First Central Texas Store in Austin
Uniqlo, the popular Japanese clothing brand, is building its first Central Texas store at Barton Creek Square in Austin. The $2.4 million store is expected to open by September 2026, offering a range of affordable and stylish clothing options to local shoppers.
H Mart’s Expansion in Austin
H Mart, a Korean supermarket chain, is expanding its presence in Austin with a new location on Burnet Road. The store is marked as “coming soon,” and is expected to open sometime in 2026, providing residents with access to a variety of Asian groceries and products.
PopStroke’s Mini-Golf Venue in Cedar Park
PopStroke, the mini-golf entertainment venue backed by pro-golfer Tiger Woods, 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, offering a unique entertainment option for families and golf enthusiasts.
Aldi’s New Store in Cedar Park
Aldi is building a $1.75 million grocery store in Cedar Park. Construction on the 23,606-square-foot store is slated to end in February 2026, providing residents with an additional affordable shopping option.
Conclusion
The growth of major business expansions in Central Texas marks a pivotal moment for the region’s economy. With substantial investments from companies like Samsung, Costco, and Target, the job creation and retail opportunities present a strong case for ongoing support of local entrepreneurship. As Central Texas prepares for these developments, community engagement and support for small businesses will be crucial for sustaining this momentum. Residents are encouraged to stay informed and actively participate in the opportunities that arise through these exciting expansions.
FAQs about Business Expansions in Central Texas
What major companies are expanding in Central Texas?
The major companies expanding in Central Texas include Samsung, Costco, Target, Uniqlo, H Mart, and PopStroke.
What is the impact of Samsung’s new plant in Taylor?
Samsung’s new $17 billion semiconductor manufacturing facility is expected to generate approximately 4,500 manufacturing jobs and 17,000 construction jobs over the next five years.
When is Costco opening its new store in Liberty Hill?
Costco’s new store in Liberty Hill is slated to open by March 2026.
What types of businesses are expanding in Cedar Park?
Cedar Park is welcoming Aldi for affordable grocery options and PopStroke, a mini-golf venue backed by Tiger Woods, for entertainment.
When can residents expect to see Uniqlo in Austin?
Uniqlo’s first Central Texas store at Barton Creek Square is expected to open by September 2026.
Key Features of Upcoming Business Expansions
| Company | Location | Type of Expansion | Expected Opening | Jobs Created |
|---|---|---|---|---|
| Samsung | Taylor | Chip Plant | End of 2026 | 4,500 manufacturing, 17,000 construction |
| Costco | Liberty Hill | Warehouse | March 2026 | 300 |
| Target | Liberty Hill | Store | June 2026 | N/A |
| Uniqlo | Austin | Store | September 2026 | N/A |
| H Mart | Austin | Supermarket | 2026 | N/A |
| PopStroke | Cedar Park | Entertainment Venue | April 2026 | N/A |
| Aldi | Cedar Park | Grocery Store | February 2026 | N/A |
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Author: STAFF HERE AUSTIN WRITER
The AUSTIN STAFF WRITER represents the experienced team at HEREAustinTX.com, your go-to source for actionable local news and information in Austin, Travis County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as SXSW, Austin City Limits Music Festival, Formula 1 United States Grand Prix, and the Austin Film Festival. Our coverage extends to key organizations like the Greater Austin Chamber of Commerce and Visit Austin, plus leading businesses in technology, automotive, and retail that power the local economy such as Dell Technologies, Tesla, and Apple. As part of the broader HERE network, including HERECollegeStation.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
