Galveston County Economic Development

December 2019 Update

 


Port of Galveston: 1 Million Passengers in 2019

Port of Galveston: 1 Million Passengers in 2019

The Port of Galveston, fourth busiest cruise port in North America, welcomed its 1 millionth cruise passenger of the year on December 4, 2019, setting a new record for the…

Read more

County Negotiates First Tax Abatement in 9 Years for $800m Gulf Coast Ammonia Project

County Negotiates First Tax Abatement in 9 Years for $800m Gulf Coast Ammonia Project

Operators of a planned offshore ammonia processing plant won’t pay property taxes to the county until 2032 but will pay about $2 million a year in lieu of taxes under…

Read more

Galveston Cruises Up 13%

Galveston Cruises Up 13%

Galveston saw cruise embarkations reach nearly 1 million in 2018, according to a biennial study from Cruise Lines International Association. There were 985,000 embarkations at the Port of Galveston in…

Read more

Galveston County Explores Opportunities in Space

Galveston County Explores Opportunities in Space

This week, Galveston County’s Department of Economic Development attended the annual SpaceCom Conference & Exposition. This event brings together America’s commercial space enterprises with governmental departments with a shared goal…

Read more

Galveston County Economic Development Explores Education and Energy in Greater Houston

Galveston County Economic Development Explores Education and Energy in Greater Houston

On Thursday, November 14, 2019, Galveston County’s Department of Economic Development attended the Houston Region Economic Development Alliance  (HREDA) quarterly meeting at San Jacinto College’s LyondellBasell Center for PetroChem, Energy…

Read more

Pelican Island Land Available

Pelican Island Land Available

One hundred and fifty years ago, Pelican Island was a wind-swept sand dune and shell reef, with only a few feet hundred feet of dry soil. Today, the island is…

Read more

Fall 2019 Galveston County Buildings & Sites Handouts

Fall 2019 Galveston County Buildings & Sites Handouts

The Fall 2019 Building and Sites handouts are available for download. Because we have so many sites available in Galveston County, we've broken it into two versions, one with commercial…

Read more

Port of Galveston Master Plan Slide Deck Available

Port of Galveston Master Plan Slide Deck Available

After more than a year of research and analysis, the final draft of the Galveston Wharves 20-Year Strategic Master Plan has been completed and is being reviewed by members of…

Read more

BAHEP Business Development Update – 10/19

BAHEP Business Development Update – 10/19

Four times a year, the Bay Area Houston Economic Partnership produces The Business Development Update newsletter that reports on Commercial / Office / Industrial Development; Retail / Hospitality Development; Residential Development; and Infrastructure News and…

Read more

Foundation Breaks Ground on Green Kemah Headquarters

Foundation Breaks Ground on Green Kemah Headquarters

The headquarters will be the first office building in Texas to meet the Living Building Challenge requirements, the world’s most rigorous green building certification. The Galveston Bay Foundation broke ground…

Read more

City of Friendswood Cuts Tax Rate by a Cent

City of Friendswood Cuts Tax Rate by a Cent

The City's "Work Here Live Here" Program is Working Friendswood City Council recently approved a one-cent property tax rate drop to 52.14 cents per $100 valuation as part of its…

Read more

Houston LNG Co Takes Investment for Texas City Project

Houston LNG Co Takes Investment for Texas City Project

1,000 Acre LNG Terminal in Texas City Under Development Houston-based NextDecade Corp. nabbed a new investment for its planned liquified natural gas export facility in South Texas. NextDecade and the…

Read more

City, County Officials See Opportunity for Economic Growth

City, County Officials See Opportunity for Economic Growth

Galveston County is Positioned for Growth. Both the island and the rest of the county might be uniquely positioned for economic development, so long as local leaders can enhance quality…

Read more

Galveston County Bests State Life Expectancy

Galveston County Bests State Life Expectancy

At nearly 81 years, Galveston County's life expectancy is among the highest in Houston. Earlier this month, the Episcopal Health Foundation released its newest life expectancy findings based on your…

Read more

Greater Houston's Economy Larger Than 183 Countries

Greater Houston's Economy Larger Than 183 Countries

If Greater Houston were a country, they'd be the 28th largest by economy in the world. As of 2017, the most recent data available, Greater Houston's GDP was $490.1 billion,…

Read more

Carnival Cruise Line Bringing Fourth Ship to Galveston

Carnival Cruise Line Bringing Fourth Ship to Galveston

Carnival's local business will expand by 33 percent and increase its number of guests departing from Galveston to about 900,000 per year. Everything is bigger in Texas – including Carnival…

Read more

Port of Galveston Going Green

Port of Galveston Going Green

Port of Galveston joins Green Marine certification program The Port of Galveston is going green with a number of environmental initiatives, including membership in Green Marine, the leading voluntary environmental…

Read more

Man-Made Lagoon Growing Quickly in Galveston County

Man-Made Lagoon Growing Quickly in Galveston County

The largest man-made lagoon in Texas is fast taking shape in Texas City. https://www.youtube.com/watch?v=6yJgDAeFDY8 The beginnings of a 12-acre, man-made lagoon stretch out across land near Interstate 45, a testament…

Read more

Gulf Coast Workforce Board 2019 Report Card Published

Gulf Coast Workforce Board 2019 Report Card Published

On Thursday, Galveston County’s Department of Economic Development participated in the Gulf Coast Workforce Board - 2019 Report Card Roundtable. This event highlighted how our region’s economic capabilities fared in…

Read more

What is the Capitalization Rate?

What is the Capitalization Rate?

The cap rate is a measure used to compare different real estate investments. Often referred to as the “Cap Rate’, the capitalization rate refers to the measurement of one’s principal…

Read more

Lago Mar Tax Zone Seeks Extended Deal with County

Lago Mar Tax Zone Seeks Extended Deal with County

Twelve years after approving a special tax district to help build a master-planned community in Texas City, Galveston County is considering giving the development more time to reach its full…

Read more

Naming Your Business

Naming Your Business

When starting a business, many entrepreneurs get stuck. Not in figuring out where best to source their raw materials, or stuck figuring out their process for creating finished products or…

Read more

$2M Grant Brings Business Incubator to Galveston

$2M Grant Brings Business Incubator to Galveston

UTMB / GEDP relationships bears fruit for startup ecosystem on Galveston Island Galveston will soon see evidence of a new emerging technology business incubator in the old Customs House building…

Read more

La Marque Seeks Grant to Fund Downtown Improvements

La Marque Seeks Grant to Fund Downtown Improvements

The city is making a bid for a government grant to improve sidewalks and disability access in its downtown district. The city has applied for a $350,000 community development block…

Read more

Judge Henry:

Judge Henry: "Galveston County Ready to Tackle the Future"

Today, Judge Mark Henry addressed the members of the Bay Area Houston Economic Partnership at their annual State of the Counties event. According to Judge Henry, "Galveston County stands poised…

Read more


409-766-2541

dane.carlson@co.galveston.tx.us

 


Thanks for Reading!