Challenge Despite being part of one of the nation’s fastest-growing metropolitan areas, Kaufman, Texas, was falling behind its Dallas-area peers in 2016. An analysis of trends revealed little population growth, a declining supply of housing, and lagging incomes and home values. Commuting patterns suggested the city was neither a stand-out […]
Challenge Georgetown, Texas, has been one of the nation’s fastest-growing communities in recent years. Notably, Georgetown experienced more than 100 years of prosperity which was largely independent of the Austin metropolitan area’s expansion. Assets like Southwestern University, one of the state’s oldest higher education institutions, and a nationally recognized Beaux-Arts
Challenge For over a decade, the Temple Economic Development Corporation (TEDC) focused its recruitment efforts on several broad sectors, including advanced manufacturing, distribution and logistics, and health and life sciences. In 2012, TIP Strategies was engaged to identify specific niches within each sector and provide recommendations for focusing TEDC’s targeting
Challenge Situated just north of Houston in Montgomery County, Texas, Conroe’s employment situation in the latter half of the 2010s mirrored national trends. The county’s unemployment levels reached historic levels—as low as 2.8 percent in May 2019—and job growth in the county was outpacing the growth of the local labor
Challenge Pasadena’s image as a community of “smokestack industries” no longer reflects its assets or economic potential. As Greater Houston’s second-largest city, Pasadena is well-positioned to compete globally for business and talent. The city’s advantages include major corporate operations representing dozens of countries; a diverse population; a central location (only
Challenge The Wichita Falls’ regional economy has historically been driven by its government and energy sectors, and over the past 50 years the manufacturing sector has developed as the region’s third economic engine. Recent events, however, underscore the region’s need for further economic diversification. The 2005 round of the Base
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 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
