Texas City is fortunate to have a diversified economy.
Heavy industry is the largest since the 1900s; however, the city began diversifying the economic is now driven by several industries, including residential, commercial, retail, marine, entertainment and environmental developments, higher education, tourism, health care, sports, transportation, birding, fishing, boating and restaurants.
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The Bay Area Houston Economic Partnership publishes its Hot Projects multiple times per year. The Galveston County-specific parts of the January 2021 edition is below. --- Medical news Houston Methodist… Regional News Dickinson Friendswood Galveston La Marque League City Texas City
The Mall of the Mainland, a regional mall closed in 2014, is being redeveloped as a power center and is undergoing energy saving improvements including HVAC, electrical and LED, and… Regional News Texas City
The Bay Area Houston Economic Partnership publishes its Hot Projects multiple times per year. The August 2020 edition is below. To download a PDF version, click here. https://issuu.com/bahep/docs/hot_projects_for_august_2020 Major Industrial Investments… Blog Regional News Dickinson Friendswood Galveston Hitchcock Kemah La Marque League City Santa Fe Texas City Tiki Island
Marathon Petroleum Corp began restarting its 585,000 bpd refining complex in Galveston Bay that has been shuttered for more than a month now, according to Reuters sources. The complex—America’s second-largest… Regional News Texas City
Galveston County's very own Crystal Lagoon in Texas City's Lago Mar subdivision has been filled with water, and it's very clear, and very very blue. https://www.youtube.com/watch?v=dLDViMRQfAM The lagoon is part… Regional News Texas City
BIC Magazine wrote a very positive profile of the great work that site manager Sergio Portillo Matute is doing for Eastman Chemical Company in Galveston County. From the article: Although… Blog Regional News Texas City
By most all measures, things are picking up at Texas City’s 6th Street Revitalization District, a long-standing project to revitalize a blighted but historic area in the shadow of the… Regional News Texas City
$1 Billion Investment Brings World-Scale Ammonia Production Facility to Galveston County and Greater Houston On January 8, 2020, in collaborative announcements, Gulf Coast Ammonia LLC (GCA), Air Products and Eastman Chemical… Press Release Texas City
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… Regional News Texas City
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… Regional News Texas City
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… Regional News Texas City
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… Regional News Texas City
Lago Mar is home to the largest Crystal Lagoon in Texas. Long-time real estate executive Christian Sommer is launching Grand Dominion Homes with a groundbreaking ground on its first model… Regional News Texas City
Foreign Trade Zones allow companies to bring items onto US soil without paying a duty tax, allow them to store these goods free of tariff charges, and to use parts… Blog Galveston Hitchcock Texas City
Galveston County is home to a variety of different communities each with their own unique characteristics. Some examples are below. Bayou VistaBayou Vista's local economy employs roughly 977 people with… Blog Bayou Vista Clear Lake Shores Dickinson Friendswood Galveston Hitchcock Jamaica Beach Kemah La Marque League City Santa Fe Texas City Tiki Island
Houston-based Smart Living plans to build a 234-unit apartment complex on the former site of the First Baptist Church of Texas City at 3210 Gulf Freeway. Smart Living recently purchased… Regional News Texas City
One hundred twenty-four (124) Texas counties (including three in Greater Houston) impose sales taxes. Galveston County isn't one of them. Galveston County's sales tax rate is 0%. City Sales Tax… Blog Bayou Vista Clear Lake Shores Dickinson Friendswood Galveston Hitchcock Jamaica Beach Kemah La Marque League City Santa Fe Texas City Tiki Island
Water and sewer service in Galveston County is provided either by cities, or by water districts (municipal utility districts, water control and improvement districts, or special utility districts.) Rates and information… Blog Clear Lake Shores Dickinson Friendswood Galveston Hitchcock Jamaica Beach Kemah La Marque League City Santa Fe Texas City
Texas Independent Bancshares, the parent company of Texas First Bank, said Monday it completed its merger with Preferred Bancshares and its subsidiary, Preferred Bank. The merger, announced in February, creates… Regional News Texas City
3/10 largest cities in Houston are in Galveston County The US Census Bureau has just released their American Community Survey (ACS) annual population estimate for cities and towns. According to their estimations,… Blog Galveston League City Texas City
ProEnergy, a Missouri-based energy company, is seeking to build a $120 million power generation facility in Texas City. The city will hold a public hearing May 1 about whether to… Regional News Texas City
Marathon Petroleum will spend $1.2 billion upgrading its Galveston Bay refinery complex in the City of Texas City over the next three years as part of a program to integrate… Regional News Texas City
Texas City-based Texas Independent Bancshares, the parent company of Texas First Bank, will scoop up Houston-based Preferred Bancshares Inc., the parent company of Preferred Bank. The deal is expected to close… Regional News Texas City
Sales tax allocations for Metro Houston’s 10 most populous cities (including League City, Texas City, and Galveston in Galveston County) totaled $956.7 million in 2018, $59.3 million above the previous… Regional News League City Texas City
ExxonMobil, Plains All American and Lotus Midstream Proceeding with Wink to Webster Pipeline ExxonMobil, Plains All American Pipeline, L.P. (Plains), and Lotus Midstream, LLC have announced they have formed the… Press Release Texas City
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… Regional News Bolivar Peninsula Dickinson Kemah La Marque League City Texas City
NextDecade Corporation, a global liquefied natural gas (LNG) development company, will host two public meetings in January to share information about its proposed Galveston Bay LNG export terminal in Texas… Company Announcement Texas City
Dane Carlson can see economic potential for Hitchcock and for La Marque, he said. There’s space for manufacturers and support services for industries in Texas City and Galveston. There’s appeal… Regional News Hitchcock La Marque Texas City
https://www.youtube.com/watch?v=g6N_4IpZ1Zo Houston-based developer Land Tejas announced plans for a 12-acre manmade Crystal Lagoon at its Texas City master-planned community Lago Mar. It will be six times as big as the… Regional News Texas City
