Challenge Located in the heart of Texas, Waco has the building blocks required for long-term success. Advantages fueling the city’s growing population and recent economic development wins include relatively inexpensive land (with available sites along the bustling IH-35 corridor), access to multiple higher education institutions (a network encompassing Baylor University […]
Challenge While the population and demand for services in rural Central Texas have continued to grow post-pandemic, regional employers have struggled to hire, and rural workers have struggled to access the training and support needed to thrive. Seeking to address this deepening disconnect, Workforce Solutions Rural Capital Area (WSRCA) applied
Challenge Located just 30 minutes north of Dallas, one of the nation’s most dynamic metropolitan areas, Frisco, Texas, has all the ingredients for sustained economic growth. Along with competitive advantages in traditional site selection factors such as transportation access, available land, and a reliable water supply, the city offers an
Challenge In 2017, the Irving City Council adopted a five-year economic development strategic plan (EDSP) prepared by TIP Strategies. The plan’s vision centered on solidifying Irving’s status as a premier location for business relocation and expansion. While Irving boasted many accolades in subsequent years, including landing several corporate recruitment projects,
Challenge In early 2020, Central Texas had enjoyed years of record-setting expansion and a labor market with historically low unemployment. However, even under these favorable conditions, worrisome trends loomed. The aging of the workforce and retirement exposure, the educational attainment of the working-age population, youth disconnection, and the digitalization of
Challenge Nestled in the Texas Hill County, Kerr County offers an attractive quality of life and the City of Kerrville’s downtown amenities, making it a favorite among retirees. However, the county’s relatively low levels of educational attainment, high median age, lack of inventory for industrial or office users, and distance
Challenge Historically, east Austin has not received a proportionate share of revenue or investment. When investment has occurred in this part of the city, the benefits have often excluded current residents or resulted in displacement. As growth pressures continued to affect major east Austin corridors, forward-looking investors sought strategies for
Challenge Marble Falls is part of the economically vibrant Austin metropolitan area and a gateway to Texas’s storied Hill Country. From 2002 to 2012, Marble Falls saw its employment levels increase approximately 40 percent, a trend that was forecasted to continue. However, rapid growth throughout the region also presented challenges
Challenge As the central county of one of the nation’s largest metropolitan areas (Houston, Texas), Harris County provides an extensive array of services to a population the size of which rivals many states. Despite its numerous responsibilities, broad network, and substantial budget, the County lacked a clear role in economic
Challenge The use of incentives is often criticized for providing a subsidy to a private entity at the expense of taxpayers. However, a strategic approach to structuring and targeting incentives can be an effective means of achieving specific goals and desired outcomes. As part of the establishment of an office
