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Economic Development News
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Resources for Start-Ups and Entrepreneurs
Susan Dixon
, Account Liaison with
Workforce Solutions
, presented on the resources available for employers to help train new employees, and other technical assistance and resources Workforce Solutions can provide to assist entrepreneurs.
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IEDC Offers Technical Assistance to Harvey Impacted Communities
The International Economic Development Council, through a grant from the
Economic Development Administration
,
is providing volunteer
Hurricane Harvey recovery assistance. The volunteers are senior-level and executive economic development professionals. Many are experienced in disaster recovery and have provided advisory services to members. To request assistance,
complete this form to apply
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Bringing Back Main Street Roundtable
H-GAC hosted its latest
Bringing Back Main Street Roundtable
on October 24 in Angleton. Participants heard from the
Texas Historical Commission
about their new online tool,
downtowntx.org
. The tool is an online building inventory for Texas downtowns featuring historic property listings. The goal is to increase and influence the market exposure of available historic properties in downtowns across Texas. The next Bringing Back Main Street Roundtable will be January 23, 2018.
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Economic Development Administration Funding Available
Is there a job generation project in a distressed area of your jurisdiction in need of additional funding?
If you have a project that is in need, reach out to
Robert Peche
, the
Economic Development Administration
's Economic Development Representative for the region, at 512-568-7732.
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Comprehensive Economic Development Strategy Actions
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Federally designated Primary Highway Freight System and Tier One _ Tier Two of the Greater Houston Freight System |
Freight Mobility
The committee co-chairs led a discussion of the freight project criteria and performance measures and the effects of Hurricance Harvey on freight mobility and operations.
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SUEZ Water & Process Technologies to Relocate to Tomball Business and Technology Park
SUEZ Water & Process Technologies recently broke ground on a new facility in the Tomball Business and Technology Park. The project, located on 5.5 acres, will consist of a 45,000-square-foot laboratory and office facility expected to house 95 employees. The facility will conduct research and development activities in the oil and gas industry focusing on global upstream and downstream applications. The facility will also include a North American customer analytical services laboratory providing industrial water, oil, microbiological, deposit, and metallurgical failure testing. In addition, the site will be a technical training center for the company's engineers and scientists.
The company anticipates that the facility will be completed in the fall of 2018.
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- State of the Port, November 16, Houston
- State of the County, November 28, Houston
- State of Metro, November 30, Houston
- City Efficiency Leadership Council, December 13, Houston
- IEDC Leadership Summit, January 28-30, Las Vegas
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TDA Texas Capital Fund Infrastructure and Real Estate Program
The 2017
application and
guide are now available for the Texas Department of Agriculture's (TDA)
Texas Capital Fund Infrastructure Development and Real Estate programs. The programs are economic development tools designed to provide financial resources to non-entitlement communities. Funds from the infrastructure program can be used for public infrastructure needed to assist a business that commits to create and/or retain permanent jobs, primarily for low- and moderate- income people. Funds from the real estate program must be used for real estate development to assist a business that commits to create and/or retain permanent jobs, primarily for low- and moderate- income people. The real estate and/or improvements must be owned by the community and leased to the business. These programs encourage new business development and expansions. Applications are
due on the 20th of each month.
EDA Public Works and Economic Adjustment Assistance Programs
The U.S. Economic Development Administration (EDA) is accepting grant applications to provide investments that support construction, nonconstruction, technical assistance, and revolving loan fund projects under
EDA's Public Works and Economic Adjustment Assistance (EAA) programs. Grants and cooperative agreements made under these programs are designed to leverage existing regional assets and support implementation of economic development strategies that advance new ideas and creative approaches to forward economic prosperity in distressed communities. There are no submission deadlines under this opportunity. Proposals and applications will be accepted
on an ongoing basis until the publication of a new funding opportunity notice.
The
SBA 504 Loan Program
provides long-term business expansion financing for real estate, construction, and equipment purchases.
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CHI St. Luke's Health
will be the first health care tenant at
Vivacity
- a 186-acre medical district in New Caney's master-planned community Valley Ranch at the intersection of U.S. 59 and the Grand Parkway. Vivacity will feature more than 2.5 million square feet, including a hospital, wellness and life facilities, and retail.
Houston-based Pontikes Development has broken ground on a 3 million-square-foot warehouse and distribution park near the Port of Houston.
Port 10 Logistics Center
, located on 246 acres at Interstate 10 and Thompson Road, will deliver its first phase in late 2018.
The first of six planned multifamily projects at the
Valley Ranch
development will break ground early next year. The
Pointe at Valley Ranch Town Center
will have 550 units, including 330 units in the first phase. The project will be on the western edge of the Valley Ranch Town Center.
FedEx
Freight entered a lease for a new distribution service center in
Conroe Park North
. The new facility will be approximately 78,000 square feet and sit on more than 45 acres in the industrial park. An estimated 96 full-time jobs and more than 30 part-time jobs will be created when the service center opens. The capital investment of the project is estimated to be nearly $21 million.
Compiled from reports in the BisNow, Houston Business Journal, Houston Chronicle, Houston Community Impact Newspaper, and company websites.
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