The city of Austin, Texas, is looking for potential recycling and reuse industry tenants for its new remanufacturing hub.
The intention is to turn an industrial park redeveloped land into a centre for the local circular economy.
"The co-location of recycling and reuse firms will create opportunities for synergistic supply chains." A recent study commissioned by Austin’s Recycling Economic Development Program found that reuse and recycling have an economic impact of $720 million, which has the potential to grow to $1 billion.
"To reach zero waste in an economically and environmentally sustainable manner, Austin needs companies in our region that can reuse and repurpose the materials we collect," says Bob Gedert, director of ARR. "The companies that locate at the [re]Manufacturing Hub will become part of a growing zero waste ecosystem in central Texas."
According to Recycling Today, land will be developed in two phases, with 10 potential leasable areas for firms in the recycling and reuse supply chain. Basic infrastructure construction will begin in summer 2016, and the first phase will be tenant-ready in early-mid 2017.