An unnamed Fortune 500 company plans to invest $450 million in a new robotic distribution center in Cibolo, Texas. The project is one of the largest industrial investments for the San Antonio suburb and is expected to have a significant impact on the local economy.
On Monday, Cibolo’s City Council approved both a reinvestment zone and an incentive package valued at about $32 million over 15 years, according to reporting by the San Antonio Business Journal. The facility will be built on the former San Antonio Raceway site, a 126-acre property that has been unused since 2022.
City officials estimate that Cibolo will see a net gain of $9.8 million in property tax revenue within the first decade of operation. Over 30 years, cumulative city revenue from the project could reach $121 million. Currently, the site generates only $14,000 per year in property taxes—a number officials say will be surpassed during the first year of partial operations at the new facility.
The name of the company behind “Project Theo” has not been disclosed publicly. Amazon confirmed to local media that it is not involved with this particular project but continues its own efforts to automate warehouses using artificial intelligence and robotics.
According to city documents, at least 425 full-time employees are expected to work at the facility, earning wages above the median for the San Antonio metro area. Economic Development Director Rick Vasquez described how robots and advanced technology will operate much of the center’s workflow while employees manage these systems. He called it a “generational” opportunity and acknowledged partnerships with regional groups including greater:SATX, Guadalupe County, and Guadalupe Valley Electric Cooperative.
Vasquez said: “This is generational,” referencing both scale and potential impact on Cibolo’s future growth.
Cibolo has previously attracted major logistics companies such as Aisin Corporation—which opened a $400 million transmission plant there in 2021—and H-E-B, which launched a $100 million e-commerce fulfillment center last year. These developments have contributed to Cibolo’s emergence as an important hub for logistics and advanced manufacturing along Interstate 10.
Although city leaders have not confirmed which Fortune 500 company is behind this investment, some observers speculate it could be another large retailer or e-commerce firm responding to Central Texas’ expanding supply chain infrastructure.
