Challenge Midland’s economy was thriving during the latter half of the last decade due to an ongoing energy-led expansion. Fueled by this expansion, the city added residents at a pace faster than almost any other city in the nation and greatly increased employment opportunities. This rapid growth, however, challenged city […]
Challenge The Austin-Round Rock metropolitan area has experienced unprecedented economic growth and prosperity for decades. However, much of the region’s population has not shared in that prosperity. The area has rapidly become less affordable for residents—including those with jobs—as housing costs have continued to outpace wage growth. At the same
Challenge Based in Tulsa, Oklahoma, The Williams Companies, Inc. (Williams) is an energy infrastructure company with assets across the natural gas value chain, including exploration, processing, and transport. These assets include the ownership and operation of more than 30,000 miles of pipelines, including the 10,000-mile Transco pipeline which extends from
Challenge The nine-county region served by Workforce Solutions Northeast Texas lies in a largely rural corner of the state that enjoys many substantial economic development advantages. These include proximity to Dallas/Fort Worth, access to Interstate 30, and pro-business climate with a diverse and strong foundation of major industrial employers. However,
Challenge Downtown San Marcos has historically served many roles. As the county seat, people are drawn into downtown to conduct official business. It acts as a gateway to the hill country, routing travelers through downtown on Ranch Road 12. And it functions as an entertainment district for the city and
Challenge In the mid-2000s, the Northeast Texas region and neighboring counties in Southwest Arkansas faced significant job losses associated with the realignment of the Red River Army Depot and Lone Star Army Ammunition Plant. In addition, the region experienced layoffs in the manufacturing and retail sectors. Key studies completed during
Challenge The federal Base Realignment and Closure Commission (BRAC 2005) decided to realign the 188th Fighter Wings of the Air National Guard at Fort Smith, Arkansas. This decision prompted concerted action on the community’s part to maintain existing levels of engagement with Fort Smith. Though the community avoided economic catastrophe,
Challenge In mid-2010 the Austin Technology Incubator (ATI) received a grant from the US Department of Commerce’s Economic Development Administration (EDA) to determine the feasibility of developing wet-lab space for life-sciences companies in Austin. The ATI study was intended to estimate the demand for wet-lab space in Austin, determine best
Challenge Through most of its history, downtown was a major destination for tourism and economic activity within Hot Springs. Its proximity to Hot Springs National Park (the first in the nation) and the presence of Bathhouse Row drew visitors to the region for over a century. But, over time, downtown
Challenge As part of its efforts to organize a regional cluster initiative, Bexar County contracted TIP Strategies to develop a report on the Texas—Northeastern Mexico vehicle manufacturing industry. The purpose of the report was to define the region, highlight industry trends, and profile the regional assets that support vehicle manufacturing.
