Economic Development Digest

Economic Development News

Grants and Low-Interest Loans Available | Rural Communities

The USDA is accepting applications for a series of grants and loans for rural public entities. Funds are available for such projects as small business development; equipment purchases, including fire trucks; and drainage projects. The USDA's presentation and website provide further information about the programs offered.

For more information, contact USDA's Area Director Sabrina Glenn or USDA's Area Loan Specialist Monica Pierre.

Attend the Greater Houston Freight Committee | August 20 | H-GAC

The Greater Houston Freight Committee will meet Monday, August 20, at the Houston-Galveston Area Council, 3555 Timmons Lane, Second Floor Conference Room.

This open committee works to develop an ongoing conversation between elected officials who allocate transportation improvement funds and the private sector entities that use the transportation system in the region.

For more information, contact Shain Eversley, H-GAC's Senior Freight Planner.

Comment on the Draft Regional Safety Plan | H-GAC

The Houston-Galveston Area Council is accepting comments on the draft Regional Safety Plan. This plan is a framework to address the most prominent traffic safety issues within the Gulf Coast region.

For more information, contact Stephan Gage, H-GAC's Principal Transportation Planner.

Upcoming Conferences and Workshops

Governor's Small Business Service Providers' Workshops |August 9 |Angleton

Don't Be Afraid of Disruptive Real Estate Tech |August 16 |Webinar

IEDC Annual Conference |September 30-October 3 |Atlanta

TEDC Annual Conference |October 17-19 |Fort Worth

Economic Development Sales Tax Workshop |November 9 |Houston

Upcoming Developments

Conroe EDC, City of Conroe, and Workforce Solutions announced the opening of a 47,000-square-foot Galdisa USA peanut manufacturing facility on July 6. This is the first Galdisa facility in the United States.

Victory Commerce Center, a 349,050-square-foot industrial project, broke ground in Deer Park near the Port of Houston. The project is located at 2851 E. Pasadena Blvd. and is expected to be complete in the first quarter of 2019.

Germany-based Man Diesel & Turbo SE has broken ground on a 137,000-square-foot building near Brookshire. The facility is expected to be complete in a year and will employ 142 workers. The project will be part of the business park in Twinwood, a 650-acre southeast of Brookshire south of Interstate 10 between Woods Road and Waller Avenue.

A medical-office development at Village Creekside Park in The Woodlands will break ground later this year. The 67,200-squre-foot project will be located at Strake Drive and Rockwell Park.

A new 47-story tower is starting construction at the 801 Texas, the former site of the Houston Chronicle in downtown. The project is scheduled to open in 2021.

Stanmore River Oaks, an eight-story apartment complex, is being planned in Upper Kirby. The project would be located for the 2300 block of Westheimer.

Reverie at River Hollow will soon break ground. The five- and six-story apartment project River Hollow consists of 304 units and is expected to be complete in the fourth quarter of 2020. The project will be located on 3.4 acres at the northeast corner of Post Oak Park Drive and River Hollow Lane.

Compiled from reports in the Texas Economic Development Council, Houston Business Journal, and Houston Chronicle.

Gulf Coast Economic Development District
713-627-3200
Joshua.Owens@h-gac.com

The Economic Development Digest is published quarterly by the
Gulf Coast Economic Development District.

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