Cedar Park Mayor Corbin Van Arsdale called Indigo Ridge the biggest economic development in the history of Williamson County.

And, at $1.5 billion, he’s right. The deal swamps last year’s announcement of a $1 billion Apple campus projected for the south part of the county. With Thursday’s announcement that the city inked a Memorandum of Understanding (MOU) that will bring the United States Tennis Association Texas headquarters and facilities to the Indigo Ridge development, the profile of the development increases dramatically.

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