Midland Development Corporation
Recent News About Midland Development Corporation
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Midland Development Corporation approves lease agreement for rocket production site
The Midland Development Corporation (MDC) approved a lease agreement for Castelion Corporation to build a rocket production and testing site in Midland. The board voted to approve the agreement during a meeting on April 25.
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Midland Spaceport Development Corporation Board of Directors will meet April 11
Midland Spaceport Development Corporation Board of Directors will meet at 9:30 a.m., Thursday, April 11
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Midland Development Corporation Board of Directors met Feb. 12
Midland Development Corporation Board of Directors met Monday, Feb. 12
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Midland Entrepreneurial Challenge awards 5 Midland businesses $500,000
After six months of competition, 5 local businesses were awarded prize money for their businesses.
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Midland Development Corporation reflects on a year of growth and collaboration in 2023
The Midland Development Corporation (MDC) takes stock of a year marked by growth, collaborative efforts, and transformative initiatives. Lourcey Sams, Chairman of the MDC Board of Directors, expresses gratitude, saying, "2023 has been a remarkable year for Midland's economic development. We appreciate the support of our community in embracing all of these wonderful projects and initiatives promoting economic growth and vibrancy.”
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Midland Development Corporation approves $169.5 million Hotel Santa Rita project in special meeting
The Midland Development Corporation (MDC) convened a special meeting on Monday, January 22, to approve the master development agreement involving the MDC, the City of Midland, and Midland Downtown Renaissance, LP (MDR). MDR is the developer behind the proposed Hotel Santa Rita project.
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Midland Development Corporation Board of Directors met Oct. 2
Midland Development Corporation Board of Directors met Monday, Oct. 2
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Midland Development Corporation Board of Directors met Aug. 17
Midland Development Corporation Board of Directors met Thursday, Aug. 17
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Midland Development Corporation Board of Directors met Aug. 7
Midland Development Corporation Board of Directors met Monday, Aug. 7
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Midland Development Corporation Board of Directors will meet Oct. 2
Midland Development Corporation Board of Directors will meet at 10 a.m., Monday, Oct. 2
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Midland Development Corporation Board of Directors met Sept. 11
Midland Development Corporation Board of Directors met Monday, Sept. 11
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Midland Development Corporation receives presentation on Midland Downtown Master Plan: 'Our motivation is to continue down the path of success we’re already seeing with downtown Midland'
Midland Development Corporation has secured presentation meetings withthree different firms following its request for a proposal to redevelop a full block downtown that MDC and the City of Midland own.
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ConocoPhillips and LiftFund hosting Small Biz Builder program
ConocoPhillips has launched a collaborative venture with LiftFund and multiple local entities to run a three-week entrepreneurial advancement program in the Permian Basin.
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Cost of living in Midland lower than Austin, Dallas, and Houston
The Midland Development Corporation reported that Midland's cost of living is low compared to other cities across Texas and America. The statement and supporting data can be found on a LinkedIn post from MDC.
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'More options and opportunities': Midland City Council OKs $4.9 million purchase of downtown property by Midland Development Corporation
The Midland City Council recently authorized the Midland Development Corporation's (MDC) proposal to acquire two downtown properties from J.L. Davis Realty on Jan. 25.
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Midland Development Corporation names new executive director as Trischitti 'returns roots in the realms of education'
Midland Development Corporation has appointed Sara Harris as its new executive director as she takes on the former duties of John Trischitti III, who will depart from the company as of May 15.
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Center of Energy and Economic Diversification to offer boost to Midland small business sector
A desire to develop small businesses and spur innovation has led the Midland Development Corporation and University of Texas Permian Basin to create an incubator located at the university's Midland campus.
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Midland is growing into a nation-leading aerospace hub
The Aerospace industry has been expanding its domain within western Texas, and it appears that Midland provides the ideal environment to foster innovation.