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
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
Challenge Abilene prides itself on being a city of “firsts”: the first Texas city to create a sales-tax funded economic development effort in 1989, the first to create a downtown reinvestment zone, and the first community outside the state’s major metropolitan areas to receive a cultural district designation from the
Challenge Arlington is a city with enviable assets. It lies at the center of two major urban areas—Dallas and Fort Worth—providing access to excellent transportation infrastructure, a rising research university, and world-class tourist attractions. However, the community faces challenges associated with an aging building stock, limited greenfield sites, and competition
Challenge Alvin, Texas, is strategically located halfway between Houston, the core city of the nation’s fastest-growing large metro area, and Freeport, the nation’s largest petrochemical complex. The city’s location also offers easy access to the region’s four major ports; proximity to Houston Hobby International Airport; and access to Alvin Community
Challenge Like many rural areas in the nation, Bee County, Texas, faces critical demographic challenges related to population growth and domestic migration. Population growth in the county over the last decade has remained flat, with a net gain of just 800 residents from 2006 to 2016. In addition, the county
