The Pasadena Pulse
Economic Development news from our
part of the Greater Houston Metro Area
Greetings friends, colleagues, and community partners,

During these challenging times, we would like to share our heartfelt support and solidarity to you and your families.

This year has certainly brought many challenges to our community and our organization is extremely proud of the way the Pasadena community continues to show its resiliency. Despite the obstacles we faced this year, PEDC was able to make great strides on impactful projects throughout our city. Below are just a few of the highlights from this year's program of work.

As we move forward together, PEDC will continue to take the steps necessary to ensure business continuity throughout the City of Pasadena by serving as a resource to our businesses and industry.

On behalf of the Board of Directors and Staff of the PEDC, we would like to wish you and yours a safe and joyful holiday season.


Warm Regards,
PEDC Board & Staff
2020 RECAP
Key Highlights for Pasadena EDC in 2020
Pasadena Cares Grant Program & Pasadena Loves Local

The Pasadena Cares Financial Assistance Grant Program was created as a component of the Pasadena Loves Local initiative which focuses on promoting Pasadena's business community. The program was designed to provide financial support to Pasadena businesses during these trying times.

At the conclusion of the program, close to 200 businesses will have benefitted from $1,000 grants to provide some financial relief. Going
forward the campaign will focus on giving exposure to the Pasadena
business community through creative marketing approaches,
messaging and special events. Stay tuned to the campaign page and
our social media pages for updates on this initiative.
Business Enhancement Program

In 2019 our organization launched the Business Enhancement Program; a matching grant program to support local small business development and city revitalization.

The Business Enhancement Program is an initiative available to eligible businesses to apply for funds to complete enhancement and improvement projects that improve the appearance and functionality of their exterior. In 2020 PEDC awarded two business enhancement grants totaling $40,000. Additional applications are currently being processed and are expected to be presented for approval by the PEDC
Board of Directors over the coming months.


Shaw Avenue

Redevelopment work has begun for Shaw Avenue. The new design incorporated recommendations from local stakeholders including on-street parking, wider sidewalks, improved lighting, and landscaping among other items.

The improvements span from Carl Street to McMasters, however, the bulk of the pedestrian amenities will be installed between Shaver St. and Spooner St. Construction is expected to be completed in the next 12 months.
Excellence in Economic Development Award

The PEDC was awarded a Gold Rank for the Pasadena Pulse E-Newsletter, a project in the category of Magazine and Newsletter of the International Economic Development Council (IEDC).
Gateway Signs

In 2019 a new gateway sign was installed at Fairmont Pkwy and Beltway 8. This new gateway sparked a discussion for additional markers that would aid in showcasing significant and high traffic areas in our city.

In 2020 PEDC began working to upgrade the existing gateway sign at HWY 225 and Richey Road. Currently the design is in a review process and is expected to go out to bid in early January 2021. Pictured is a rendering for the updated design.
LOCAL & INDUSTRY NEWS
As a community member you can help our local businesses by spending your money locally this holiday season. Instead of purchasing your gifts online, consider visiting your local shops to look for gifts, decorations and even holiday meals. Here are some ways you can support the local business community while still taking precautionary measures.


Restaurant Depot is scheduled to open its 139th location nationwide in Pasadena, Texas. The grand opening for the new facility will take place on Wednesday, December 9th beginning at 7 AM.

This brand new 60,000 square foot facility will bring over 40 new jobs to the Pasadena community and will offer extensive resources for the city's restaurant community and beyond.
Pasadena has earned a distinction as one of America's best "under the radar" suburbs for 2020, making it the only Texas community on the list.
Waste Management plans to invest $3,000,000.00 to build out 26,000 square feet of new space in Pasadena. The company plans to occupy the new space at 3520 Pansy St. on or about April 1, 2021.


UPDATE ON CURRENT INFRASTRUCTURE IMPROVEMENTS


Richey Road - Phase 1
Investment: $15-million
Coverage: 1.5 miles (Hwy 225 - Southmore)
Update: Phase 1 has been completed

Richey Road - Phase 2
Investment: $2 million
Coverage: ~ 0.5 mile (Southmore - South Houston Road)
Update: Pasadena EDC is working with a consultant on the design and circulation for the project.

Shaw Street
Investment: $2.8 million
Coverage: Carl Street to McMasters Avenue
Update: Construction is currently in progress. Project is expected to be completed in the next 12 months.
Did you know $68 of every $100 stays
in the community when spent at
a local business?

Remember to CHOOSE
local this holiday season!
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