Target Hospitality announces 100 room expansion at El Capitan Community in Texas
Target Hospitality announced a planned expansion of 100 rooms at its El Capitan community located in Orla, Texas within the Permian's Delaware Basin. This is the second expansion for this community that is directly tied to continued customer demand in the Delaware Basin, a growing hub of production, development, and capital investment. Target Hospitality expects the $4M El Capitan expansion to be completed in the second quarter of 2020 and will increase the available room count to 400. As with the company's prior investments in new greenfield communities, this expansion marks another successful project that resulted in rapid growth and doubled capacity within the first year of operation. A multi-year, guaranteed contract with a major integrated energy customer underpins the expansion of this community.