Midland Development Corporation
Local Government - Appointed Boards & Commissions | City/Town/Village
Recent News About Midland Development Corporation
-
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.
-
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.
-
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...
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Texas leads US in job growth and export value
The Texas Economic Development Corporation (TxEDC) is highlighting the economic achievements of Texas, emphasizing its strong performance in several key areas. According to TxEDC, the state has experienced significant job growth and a robust economy.
-
Midland Development Corporation approves resolutions advancing economic growth
The Midland Development Corporation (MDC) approved three resolutions aimed at advancing economic growth during a meeting on Sept. 9. These included an economic development agreement with Starfighters Space Texas LLC, a contract with KBR Inc. for commercial spaceport development services, and the purchase of 6.484 acres of land from Henderco LLC.
-
Midland Development Corporation unveils redesigned website
Midland Development Corporation has announced the launch of its newly redesigned website, www.midlandtxedc.com. The updated site aims to offer a user-friendly interface while highlighting the unique qualities of Midland, Texas, and providing enhanced resources for businesses, residents, and prospective investors.
-
Robots enhance safety at TxDOT job sites
Science fiction is quickly becoming reality in life, but it’s also just another day on the job site at TxDOT.
-
Governor Abbott announces $4.3 million in grants for South Texas veteran services
Governor Greg Abbott announced today that 17 Fund for Veterans’ Assistance (FVA) grants, totaling over $4.3 million, have been awarded to 12 organizations in South Texas. This initiative is part of the Texas Veterans Commission’s (TVC) Grants Across Texas program. The funding will provide services to more than 3,400 veterans and their families across 27 counties in the FVA South Texas region.
-
Local airports drive economic growth by generating revenue and supporting jobs
The airport in your community provides valuable services that are often overlooked. In addition to providing a runway, fuel, and a building, airports can be a hub of economic activity. It is an economic asset with the potential to produce revenue and services for the community.
-
The evolving importance of downtowns in economic development
In the realm of economic development, the concept of a "downtown" has become a focal point for communities of all sizes. Far from being limited to major urban centers, downtowns play a significant role in fostering economic growth, cultural vibrancy, and community identity. For economic developers, understanding the significance of downtowns and implementing strategies to cultivate them can be a game-changer.
-
Midland recognized as a top place to live in the Southwest by Livability
Midland was named one of the top 25 best places to live in the Southwest by Livability.com. Landing at number 20, the community is highlighted for its iconic skyline and its oil and aerospace industries. The affordable nature of Midland contributed to its inclusion on the list, making it a notable place to live, work, and raise a family.
-
Emerging aerospace markets see surge in federal funding
The aerospace and defense (A&D) industry is experiencing a transformative period marked by significant shifts in federal funding towards emerging markets. This article examines the trends in federal funding, the rise of new A&D hubs, and the strategic considerations companies must navigate to capitalize on these opportunities.