The Colorado Springs community will see a new food industry facility take root on the city’s southeast side after officials confirmed a pecan shelling and distribution plant has selected Colorado Springs for its U.S. operations.
Investment, jobs and a timeline
City and Economic Development Corporation (EDC) leaders say the project, known to officials as Project Tree, will represent roughly $50 million in capital investment and create about 50 new jobs with an average annual wage of $76,000. Construction is scheduled to begin next year, with a ceremonial groundbreaking planned for August 2027.
Location and local supports
The facility will be sited at Peak Innovation Park on the southeast side of Colorado Springs. City economic development staff said the company evaluated other locations, including sites in Texas and New Mexico, before choosing Colorado Springs.
"The company selected Colorado Springs after considering multiple locations," said a city statement provided by EDC officials.
- Estimated jobs: ~50
- Average annual wage: $76,000
- Capital investment: $50 million
- Groundbreaking: August 2027
Incentives and eligibility
To help secure the project, Colorado Springs is offering an incentive package that includes the city's Rapid Response Program. That initiative streamlines land use review and building permit responses and pairs companies with workforce support from the EDC. Local and state administrators estimate the project will qualify for performance-based tax credits and exemptions through the Colorado Enterprise Zone program.
| Item | Amount / Status |
|---|---|
| Jobs expected | ~50 |
| Average wage | $76,000 per year |
| Capital investment | $50 million |
| Enterprise Zone benefits | Estimated $610,000+ in performance-based tax credits/exemptions |
| Construction start | Groundbreaking planned August 2027 |
El Paso County and the Pikes Peak administrator for the Colorado Enterprise Zone program estimate the project will be eligible for more than $610,000 in tax credits and exemptions tied to performance metrics. Those incentives are structured to encourage job creation and investment, meaning the city and county will monitor milestones as the facility develops.
Local implications
For Colorado Springs residents the project carries multiple local consequences. The facility will add moderately high-paying manufacturing and distribution roles relative to regional averages, and its location at Peak Innovation Park contributes to an ongoing shift toward logistics, light manufacturing and food processing jobs in the southeast part of the city. The Rapid Response Program's expedited reviews are intended to shorten the time between approval and construction, which could also speed the availability of new employment opportunities.
Officials did not disclose the company name in initial statements. In coming months, city and EDC staff expect to provide more public details on hiring timelines, contractor procurements and any community engagement related to construction impacts.
Residents interested in tracking project updates or potential hiring opportunities should monitor announcements from the Colorado Springs Chamber and EDC and the city’s economic development webpage.
