# Pueblo Approves Project Falcon Land Option

Pueblo City Council approved a land-purchase option on October 26, 2026, giving the unnamed company behind Project Falcon until the end of January 2027 to buy nearly 300 acres at St. Charles Industrial Park for the appraised value. The proposed tissue-manufacturing facility could create nearly 300 jobs. Pueblo is considering a revised incentive package described as substantially below the previously discussed $65 million, but the company’s identity and the revised package amount remain confidential.

- The option is contingent on the company exercising it and on an appraisal establishing the purchase price; this is a land transaction, not a disclosed facility-construction solicitation or contract award.
- The proposed facility and revised incentives could create future demand for site development, infrastructure, construction, and manufacturing-related suppliers, though the available information does not identify the company or disclose a procurement schedule.
- Firms assessing local business opportunities should distinguish the proposed incentive package from infrastructure costs, which the city says are being treated separately. The purchase option runs through the end of January 2027.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Grants & Funding, Physical Infrastructure
**Published:** October 27, 2026

### Government Entities
- City of Pueblo
- Pueblo City Council

### Key Quotes
> It's far less because council has been successful in separating the infrastructure from the deal itself.
> — Ted Hernandez, City Councilor

> It hasn't changed from what they were previously asking, so we are still at the very high dollar amount, and I can't support it as presented.
> — Heather Graham, Mayor

### Sources
- [Project Falcon revived as Pueblo City Council approves land option  | Wichita Eagle](https://www.kansas.com/news/nation-world/national/article317805373.html) - Wichita Eagle