Midland Development Corporation
Local Government - Appointed Boards & Commissions | City/Town/Village
Recent News About Midland Development Corporation
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Support local businesses this holiday season in Midland
The holiday season in Midland is a time for family traditions and local events.
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Midland's transport system boosts connectivity with highways and airspace advancements
Midland, Texas is recognized for its efficient transportation system, facilitating convenient travel for residents.
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Midland Development Corporation approves lease, name change amendments
On Nov. 4, the Midland Development Corporation (MDC) unanimously passed resolutions to amend a lease agreement with Castelion Corporation and to update the Economic Development Agreement with Starfighters Space Texas.
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Midland leads Texas with robust economic growth
Midland, Texas, has emerged as a significant player in the economic landscape of the state.
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Texas highways undergo rigorous material testing
At the Texas Department of Transportation's (TxDOT) Materials and Testing Division, a dedicated team performs crucial tests to ensure that all roadway materials, including concrete and asphalt, adhere to stringent standards.
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Employment prospects rise across multiple sectors in Midland
Midland, Texas is home to a range of employment opportunities spanning various industries.
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Texas begins construction on major highway projects to ease congestion
A statewide initiative in Texas is underway to address highway congestion, with several projects breaking ground this fall.
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Texas leads US in job creation over past year
Governor Greg Abbott acknowledged the achievements of Texans and Texas employers after new employment data from the U.S. Bureau of Labor Statistics was released.
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Retail construction adapts as e-commerce grows
Across the country, the retail landscape is undergoing significant changes as stores face emptiness while porches fill with delivery boxes.
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Midland offers vibrant cultural experiences through theatres and museums
Living in Midland, Texas provides residents with a vibrant cultural experience. The city boasts venues such as the Midland Community Theatre and the historic Yucca Theatre, which offer a variety of performances throughout the year. Additionally, the Wagner Noël Performing Arts Center hosts concerts, Broadway shows, and other significant events that attract both locals and visitors.
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Midland offers affordable living with high-income opportunities
Midland, Texas, is known for its affordable cost of living, which is notably lower than that of many larger metropolitan areas. The city offers a variety of housing options, including spacious single-family homes and modern apartment complexes equipped with quality amenities. With a median home price below the national average, Midland provides an accessible opportunity for homeownership. Additionally, rental rates in the city remain competitive compared to other cities in Texas.
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Family-friendly living options expand in Midland with parks and cultural offerings
Midland, Texas, is known for its family-friendly environment, providing a variety of activities for all age groups. The city's parks are equipped with playgrounds, sports fields, and picnic areas, offering ample opportunities for outdoor enjoyment. Nature enthusiasts can visit the I-20 Wildlife Preserve and Sibley Nature Center to experience Midland's natural landscapes throughout the year. Additional community spaces such as Centennial Park and Summit Center provide locals with areas dedicated to leisure and recreation. Families in Midland can also anticipate new attractions...
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Midland offers unique lifestyle blending business and leisure
Living in Midland, Texas, offers a blend of business and leisure, attracting families, young professionals, and retirees. Known as the Tall City for its distinctive downtown skyline, Midland is centrally located in West Texas within the Permian Basin. This strategic position contributes to a favorable climate year-round, enhancing residents' quality of life.
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Developing empowered leaders within your own team
As a seasoned professional, it is important to recognize the potential within your team and create an environment that allows them to demonstrate leadership. However, many leaders focus on immediate outcomes rather than nurturing future leaders, leading to a disengaged workforce, stifled creativity, and missed growth opportunities.
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Texas faces potential doubling of electricity demand due to tech growth
The vulnerability of the Texas electric power grid was highlighted once again following Hurricane Beryl, which caused widespread outages in southeast Texas lasting for a week. The storm emphasized ongoing concerns about the state's electricity infrastructure.
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Texas economy grows faster than national average in 2023
Governor Greg Abbott has acknowledged the rapid expansion of the Texas economy, which outpaced national growth in 2023. According to data released by the Bureau of Economic Analysis (BEA), Texas experienced an annual economic growth rate of 7.4%, compared to the national growth rate of 2.9%. This measurement is based on changes in real gross domestic product (GDP) from 2022 to 2023.
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Texas Transportation Commission allocates funds to enhance rural transit services
The Texas Transportation Commission convened on September 26, 2024, to discuss and approve funding allocations for public transportation in the state. A total of $44.4 million has been awarded to 31 public transit agencies across Texas, with the aim of supporting rural bus services.
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Starfighters Space expands operations to Midland with local support
Starfighters Space is set to expand its operations to Midland, Texas, under an economic development agreement with the Midland Development Corporation (MDC). The agreement was approved by the MDC board of directors on September 9 and received final approval from the Midland City Council on September 24.
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WalletHub releases list of best states to live in for 2024
Ask 10 location experts about the top ingredient for quality of life, and you will likely receive a variety of answers. While many agree that housing costs, education options, cultural amenities, and commute times are significant factors, individual preferences vary.
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Omni Hotels & Resorts announces development agreement for new hotel in downtown Midland
Omni Hotels & Resorts has entered into a development agreement with Midland Downtown Renaissance, LP to build and manage a 135-room luxury hotel in downtown Midland, Texas. The project involves collaboration among leading Midland-based companies, foundations, and investors.