Marble Falls, Texas — According to state and local development sources, Lower Colorado River Authority plans to invest $13 Million to build out 21,300 square feet of new space in Marble Falls. The company plans to occupy the new space at 2643 Wirtz Dam Road in Marble Falls, on or about March 1, 2027. According to the company website LCRA exists to serve the people of Texas. Its been that way since the state Legislature created us in 1934. We continue that legacy today by providing a multitude of vital services to our customers and communities. Our mission is to enhance the quality of life of the Texans we serve through water stewardship, energy and community service. LCRA produces and delivers electric power, manages the lower Colorado River and provides a reliable water supply, manages a public parks system and supports community development. We are funded by revenue we generate, the vast majority of which comes from generating and transmitting electricity. A very small portion of our revenue comes from selling water. We do not receive state appropriations or have the ability to levy taxes. We have deep roots in Texas, dating as far back as the Great Depression of the 1930s. We built the chain of dams that tamed the Colorado River and brought power to rural Central Texas for the first time.

To learn more about Lower Colorado River Authority, visit http://www.lcra.org/

Company Contact:
Lower Colorado River Authority
3700 Lake Austin Blvd. PO Box 220
Austin, TX78703
Phone: 512-473-3200
LinkedIn Link: https://www.linkedin.com/company/lcra/

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