New Braunfels Utilities (NBU) is preparing to divest its historic downtown location at 263 Main Plaza, New Braunfels, Texas
As it prepares for constructing a new headquarters building off of Loop 337 adjacent to the NBU Trinity Well Field and Treatment Plant. New Braunfels Utilities went through a series of meetings with City Council and supporting boards to put protections in place which will preserve and protect the downtown property's historical elements. In brief, buyers who are interested in the property will have to adhere to overlay district rules set within the buildings' boundaries. The NBU complex is located on the northeast corner of the Main Plaza and contains three connected buildings, constructed at different times in the City of New Braunfels' history.
On January 11, 2021, NBU will begin the Request for Qualifications (RFQ) process to identify developers and innovative teams that will qualify to participate in a future Request for Proposal (RFP) to further enhance our community's quality for the future of downtown New Braunfels. Developers or other innovative teams interested in obtaining RFQ Submittal Requirements and Criteria can visit www.nbutexas.com/bid-opportunities or find the project through the NBU posting on PublicPurchase.com.
As part of its real estate strategy goals, NBU desires to divest its interest in the Main Plaza building and enable a transformational project for the community's betterment. The RFQ and Request for Proposal (RFP) process will provide the forum for NBU to identify a developer team with whom it may execute these goals.
New Braunfels Utilities has been a downtown staple since October 13, 1942, when it began with nine employees serving electricity to a community of just over 7,000 people. Through the decades, NBU has served as a trusted community steward and has had the privilege to watch the Main Plaza and the entire downtown district grow and flourish.
In July 2020, the New Braunfels City Council approved the transfer of the NBU Service Center located at 355 FM 306 to the City of New Braunfels, and the leaseback of the property until NBU vacates the property. The Service Center provided the City a lower-cost alternative to relocate street maintenance, solid waste, and recycling services from downtown, which is also an essential step towards implementing the South Castell Avenue Master Plan.
"Plans for the NBU Headquarters, adjacent to the Trinity Well Field and Treatment Plant, remain on track with anticipated completion in early 2023," said Ian Taylor, NBU's Chief Executive Officer. "The NBU Water Resources Plan calls for doubling the size of that well field site and serves as a logical solution for NBU's long-term needs."
When the NBU Headquarters opens, it will consolidate operations of the Main Plaza and Service Center sites, which includes the NBU fleet as well. The Headquarters is budgeted at $34.4 million, net of proceeds from the sale of the current Main Plaza Office and Service Center on
"The decision to sell the two facilities and build a new Headquarters was the best value recommendation from the Facilities Master Plan that evaluated facilities condition, long-term growth of the service territory and NBU workforce, cost and many other criteria," continued Taylor. "To make any modification to the downtown office would require a minimum investment of $1 million in code compliance upgrades. Moving out of the downtown office places the valuable property on the tax rolls and benefits all of downtown and the community."
To learn more about NBU's legacy project and to follow the progress to its new headquarters, visit nbutexas.com/legacy