2016 Developers Profile - GEDP

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WELCOME

Welcome to the

2016 GEDP DEVELOPER PROFILE The Galveston Economic Development Partnership (GEDP) is pleased to present this 2016 Developer Profile for your review. This profile highlights the major projects, investments and economic activities emerging in Galveston and throughout Galveston County.

FRED D. RASCHKE 2015 – 2016 GEDP Chairman of the Board

Imagine what Galveston can achieve through vision, collaboration, and a willingness to embrace the changes necessary to move our community forward.

As you review this year’s profile, we encourage you to Imagine ... what Galveston can achieve through vision, collaboration and a willingness to embrace the changes necessary to move our community from good to great! This year, you will see that our city is leading by example. Historic levels of investment in parks, infrastructure and neighborhoods are currently in progress. New approaches for solving perennial development challenges include the development of a land bank and a new public policy for economic incentives. Couple this within a dynamic environment in which there are unprecedented investments in private sector projects, education and health care advances, maritime diversification, tourism expansion, and a renewed collective energy focused on various strategic investment areas across this island. Galveston, in many ways, can be described as the urban core of Galveston County. Galveston is home to almost 40,000 jobs, over 6 million visitors annually and nearly 10,000 students attending Galveston College, Texas A&M University at Galveston and The University of Texas Medical Branch at Galveston. This combined with over 50 percent of our daily workforce commuting to our island and a majority of west end homes serving as second homes or vacation rental properties buoy the economic impact Galveston offers to Galveston County and beyond. Our city and county offer tremendous assets that range from the natural beauty of coastal living to the intellectual and world renown scientific minds operating out of our industrial, entertainment, educational and health care institutions. A superior quality of life for those who live or visit our island combined with the amenities of our nearby metropolitan area of Houston (America’s fourth-largest city) creates a unique and unparalleled lifestyle choice for all to experience. As you review this 2016 GEDP Developer Profile, I hope you will take a few moments and Imagine ... how much we can accomplish – united – for making Galveston and Galveston County the pre-eminent location of Texas. Fred D. Raschke is a managing partner at Mills Shirley LLP, the oldest continuously operating law firm in the State of Texas. Established in 1846 when Galveston was the largest city in the state, the firm is an integral part of Texas history and the Gulf Coast community.

2016 GEDP Developer Profile 1


Table of

CONTENTS 3

GALVESTON COUNTY

21

CITY OF GALVESTON

29

MARITIME

43

EDUCATION

52

DEVELOPER OF THE YEAR

62

BUSINESS, REAL ESTATE AND HOUSING

79

TOURISM

89

GEDP DLJ Studios

Since 1999, through the public-private membership base of the GEDP, assistance has been proved including demographic and socio-economic information, utilization of a comprehensive Geographic Information System for project development activities, maintenance of an information clearinghouse, and economic climate assessments have been made available to those seeking to make Galveston a better place.

52

Maximizing Galveston’s human, natural and financial resources, the GEDP remains committed to facilitating quality projects that work to expand Galveston’s employment and tax bases. Galveston is an island of opportunity and the GEDP looks forward to working with you on future projects.

The GEDP made every effort to ensure accurate and complete data, however, the information contained within this publication is provided solely for educational and informational purposes and should not be relied upon without first independently verifying the data. © 2016 Galveston Economic Development Partnership Galveston, Texas 409.770.0216 Cover photo: DLJ Studios

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2016 GEDP Developer Profile

84

Landry’s Inc., Bob Levey, CNBC

Priority areas of investment include those projects capable of expanding or enhancing the core industries for the Galveston economic base: Maritime, Tourism, Education, Healthcare & Emerging Technology.


GALVESTON COUNTY

Welcome to

GALVESTON COUNTY

On behalf of my fellow Commissioners and the 325,000 citizens who call Galveston County home, I am honored to welcome you to the 2016 GEDP Economic Development Summit and to the resources contained in this issue of the GEDP Developer Profile. Galveston County is one of the most economically and environmentally diverse counties in the state of Texas and the nation. Our county’s historic roots as the economic engine for Texas and the southwest during the 19th and early 20th centuries established a foundation of business leadership that continues to this day. Galveston County offers everything any business venture would need to be successful, including: THE HONORABLE MARK HENRY Galveston County Judge

We strive to harness the power of our natural environment, human expertise and steady financial resources to make Galveston County the best place in Texas to live and grow your business.

Two world class deep water ports;

A “major league” chemical and petrochemical complex;

• A rapidly expanding medical/biomedical education, research and patient care cluster;

• Outstanding K-12 educational resources plus two comprehensive community colleges and campuses of both the Texas A&M and University of Texas systems; and so very much more.

A tourism industry that attracts nearly 7 million visitors a year;

Our location surrounded by the Gulf of Mexico and Galveston Bay and bordering to the north by NASA and the City of Houston places Galveston County as the center for any successful business venture with an unmatched quality of life. Our residential opportunities and proximity to the space and energy capitals of the world has positioned Galveston County for great success in the coming years. Galveston County is equally focused on the development and recruitment of new commercial ventures as well as providing critical services to insure the financial success of our existing businesses. With the establishment of the Galveston County Economic Development Department in 2015, the Commissioners Court expanded its vision and commitment to working in tandem with our cities, chambers of commerce and economic development partners to expand business opportunities across the county. In this department’s first year, and under the supervision of the Commissioners Court, it has developed lasting and beneficial partnerships with all the municipalities, economic development organizations and local business that are already producing results. Our county’s outstanding quality of life, reasonable cost of living, low cost of doing business, strong educational institutions and cutting edge medical facilities make for a vibrant economy that offers an unparalleled environment for living, working and, most of all, raising a family. Galveston County prides our self on collaborating on economic and community development opportunities that will result in quality investment for both citizens and businesses alike. We strive to harness the power of our natural environment, human expertise and steady financial resources to make Galveston County the best place in Texas to live and grow your business. We are pleased to welcome you to Galveston County and look forward to working with you to make your plans and dreams a success. For more information about Galveston County, stop by our location at 722 Moody Avenue in Galveston, or call 409-762-8621. Visit us at www.galvestoncountytx.gov.

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GALVESTON COUNTY

COUNTY OVERVIEW Galveston County, established under the Republic of Texas on May 15, 1838, is the 17th largest county in the state of Texas with a population of over 300,000 residents. Population is projected to continue growing as Galveston County maintains its position as a regional leader in health care, education, maritime, engineering, tourism and institutional excellence.

GEOGRAPHY Kemah Friendswood League City

The collective strength of Galveston County is enhanced by the diversity and lifestyle options available in more than a dozen communities included within Galveston County.

TOTAL HOUSEHOLDS

Port Bolivar Texas City

378.36

La Marque

TOTAL LAND AREA (SQUARE MILES)

Hitchcock Galveston

495 TOTAL WATER AREA (SQUARE MILES)

The foundation of this projected growth is built upon quality infrastructure, abundant natural and historic resources, exceptional quality of life and world-class education, health care and technology. Galveston County has a diverse and robust economic base that includes aerospace and engineering; petrochemical; maritime; support services for offshore oil and gas, cruise and land based tourism and medical, teaching and research facilities.

136,160

Dickinson Santa Fe

HOUSEHOLDS

SEX AND AGE FEMALE

37.4 MEDIAN AGE

49.5%

67%

292,538 2010

2016 GEDP Developer Profile

68.5%

31.5%

FAMILIES

NON-FAMILY

16.9% OTHER

AVERAGE HOUSEHOLD SIZE

322,225 2015

51.6% = 50,000

MARRIED FAMILIES

EDUCATION

2.76

2.42

OWNER OCCUPIED

RENTER OCCUPIED

JOBS 30.9%

153,549

8.6%

IN LABOR FORCE

140,542 HIGH SCHOOL GRADS OR MORE

EMPLOYED

BACHELOR’S DEGREE OR MORE

5.3% UNEMPLOYMENT RATE

SCHOOL ENROLLMENT

CENSUS DESIGNATED PLACES Bacliff Bolivar Peninsula San Leon

4

RENTER OCCUPIED

POPULATION

GALVESTON COUNTY PLACES

UNINCORPORATED AREAS Algoa Bayview Crystal Beach Gilchrist High Island

33%

OWNER OCCUPIED

MALE

2014

VILLAGES Tiki Island

VACANT UNITS

OCCUPIED UNITS

314,283

CITIES Bayou Vista Clear Lake Shores Dickinson Friendswood Galveston Hitchcock Jamaica Beach Kemah La Marque League City Santa Fe Texas City

18%

82%

50.5%

INCOME $61,744 44,786

16,466

21,896

ELEMENTARY/ MIDDLE SCHOOL

HIGH SCHOOL

COLLEGE/ GRADUATE

83,148 TOTAL ENROLLMENT

MEDIAN HOUSEHOLD INCOME

$77,015 MEDIAN FAMILY INCOME

$31,030 PER CAPITA INCOME

Sources: US Census Bureau, American Community Survey, 5YR, 2010-2014; US Census Bureau, 2014 American Community Survey, 5YR Estimates, 2009-2013; U.S. Census, 2010; and US Census Bureau, American Community Survey, 2015 Population Estimates


GALVESTON COUNTY

ECONOMIC CLIMATE The economic climate of Galveston County is strong. Galveston County continues its trend of reducing the tax rate for county constituents. With a projected fiscal year 2016 tax rate of $0.552, this reduction will result in the sixth consecutive year of reducing this rate. Assessed property values for the county are projected at approximately $27 billion, as indicated in the Galveston Central Appraisal District’s preliminary role calculated in July 2016. Galveston County continues to grow in taxable values, population, business and industry while maintaining an excellent quality of life and place. One of the most unique aspects of Galveston County remains its diversity of offerings from the beaches of Galveston to the neighborhoods of League City. Growth is occurring throughout the county while attention remains cognizant of the county’s rich abundance of natural resources and historic significance.

CITIES IN GALVESTON COUNTY: PROPERTY TAX ROLLS COMPARISON (2016 Total Assessed Value) CITY Galveston County

TOTAL ASSESSED $27,070,229,731

League City

$7,577,691,612

Texas City

$5,172,407,967

Galveston

$5,021,048,983

Friendswood

$2,747,901,211

Bolivar

$986,472,158

Dickinson

$887,994,169

La Marque

$743,496,062

Santa Fe

$693,265,211

Tiki Island

$389,844,924

Hitchcock

$354,552,577

Jamaica Beach

$310,066,880

Bacliff

$265,762,163

San Leon

$264,641,522

Kemah

$264,036,960

Bayou Vista

$194,579,002

Clear Lake Shores Bayview

Tourism is an important presence in the county’s economy, with more than 6 million visitors each year. The county enjoys a wealth of year-round cultural, historical and recreational activities. Tourism continues playing a bigger part of Galveston County’s economic future. Developments are occurring across the region all aimed at improving or enhancing the visitor experience while in Galveston County. From the 32 miles of beaches in Galveston to the Kemah Boardwalk, from Top Golf and Big League Dreams to the many festivals and culturally rich artist venues, Galveston County is making tourism a larger part of its overall economic climate.

GALVESTON COUNTY: SALES TAX COMPARISON YEAR

GROSS SALES

AMT SUBJECT TO SALES TAX

OUTLETS

2010

$16,730,517,970

$2,351,956,366

8,943

2011

$17,971,640,973

$2,493,476,055

9,422

2012

$19,743,823,424

$2,764,980,909

9,631

2013

$18,920,170,559

$3,047,821,215

9,775

$166,514,077

2014

$21,532,373,396

$3,389,643,695

9,775

$82,171,732

2015

$17,495,664,492

$3,602,801,271

9,361

Source: Galveston CAD, Preliminary Rolls 7/2016

TOURISM

Source: State of Texas Comptroller website

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GALVESTON COUNTY

INDUSTRY

GALVESTON COUNTY: 2016 TOP EMPLOYERS LIST

Petrochemical, maritime and support service companies of the offshore oil and gas industry continue contributing significantly to the overall economic health of Galveston County. These entities combined with a strong foundation of educational, medical, financial, insurance, commercial, retail and tourism related sectors combine for a vibrant countywide economic base.

COMPANY

# OF EMPLOYEES 8,318

1 UTMB1 2 Clear Creek ISD

2,882

2

3 Landry’s

2,871

Workforce development, quality housing, affordability and an unparalleled quality of life all converge as critical factors in this county’s economic future.

4 Marathon: Galveston Bay Refinery3

2,725

5 Walmart

1,775

6 ANICO

1,590

Diversity is apparent from the docks of the ports of Texas City and Galveston; to the petrochemical complexes in La Marque and Texas City; to the neighborhoods and shopping of Friendswood, Dickinson and League City; to the opportunities of development in Santa Fe and Hitchcock; to the world-class medical, education and research institutions; to the cultural arts in Texas City, Galveston and nearby Houston; to the tourism experiences available in Galveston, Kemah and the Bolivar Peninsula; to the people and natural resources so abundantly available, Galveston County becomes the logical location for continued growth and diversification of its economic, industrial and social base for many years to come.

7 Galveston County

1,333

8 Dickinson ISD

1,191

9 Galveston ISD

1,032

10 Moody Gardens

1,008

GALVESTON COUNTY: INDUSTRIAL – REAL & PERSONAL TAXPAYER NAME 1 Blanchard Refining Co LLC

TOTAL ASSESSED $1,174,918,243

2 Valero Refining-Texas LP

$657,082,322

3 Marathon Petroleum Co LP

$158,214,484

4 Union Carbide Corp

$156,314,868

5 Praxair Inc

$144,184,708

6 BP Amoco Chemical Co

$122,167,118

7 Valero Marketing & Supply Co

$112,710,185

8 ISP Technologies Inc

$102,605,171

9 South Houston Green Power LP 10 Eastman Chemical Texas City I

$83,218,326 $63,360,376

GALVESTON COUNTY: COMMERCIAL – REAL & PERSONAL TAXPAYER NAME

This total reflects employees within Galveston County. UTMB employees 12,000 statewide. 2This total reflects the employees within Galveston County. Total employment in CCISD is 5,158. 3Does not include contractors. 4Total for all four county locations – Galveston, Texas City, League City and Kemah. 1

Sources: GEDP Employer Survey, Galveston County CAFR, 2015

GALVESTON COUNTY: TOTAL TAXABLE VALUE (2016) TAXPAYER NAME 1 Blanchard Refining Co LLC

TOTAL ASSESSED $1,000,063,183

2 Valero Refining-Texas LP

$581,723,622

3 Texas New Mexico Power Co

$162,126,391

4 Union Carbide Corp

$150,703,155

5 Praxair Inc

$141,909,571

6 Marathon Petroleum Co LP

$139,933,784

7 BP Amoco Chemical Co

$117,494,818

8 Komatsu America Corp

$92,235,593

9 Galveston Outlets LLC

$91,169,766

10 CenterPoint Energy Inc

$90,826,599

11 ISP Technologies Inc

$87,804,765

12 South Houston Green Power LP

$67,999,826

13 Marathon Petroleum Co LP

$61,000,173

14 Fertitta Hospitality Inc

$59,392,710

15 Eastman Chemical Texas City I

$56,836,572

16 Styrolution America LLC

$47,172,969 $41,495,425

1 Komatsu America Corp

$92,235,593

17 ISOLA Ventura LLC

2 Galveston Outlets LLC

$89,473,066

18 Comcast Of Houston LLC

$38,730,467

3 Fertitta Hospitality Inc

$57,642,270

19 American National Ins Co

$35,525,460

4 American National Ins Co

$35,405,030

$35,516,640

5 Eighteen Seventy Strand Corp

$34,976,090

Amalfi & Sorrento Prop LLC, LGA 20 Sunnyvale LC, Lincoln Mt Airy LLC

6 Willie G’s Post Oak Inc

$30,077,185

7 Wal-Mart Stores Texas LP

$29,897,540

8 Inland America League City Victory Lakes LP

$25,636,110

9 Excel League City LLC

$22,365,760

10 Target Corp 6

TOTAL ASSESSED

4

2016 GEDP Developer Profile

$21,553,600

Galveston County’s, largest taxpayers are by far the petrochemical and support services for offshore oil and gas industries. The educational, retail and tourism related industries maintain a significant component to our county’s overall economic base.


GALVESTON COUNTY

TRANSPORTATION Galveston County is strategically positioned around major highways, four commercial airports and two seaports with rail access. Transportation improvements continue to be a top priority for accommodating the growth and development occurring within and throughout the county.

MAJOR PROJECTS • Highway 6: Pavement repair and asphalt-concrete overlay • Seawall Boulevard: Mill and asphalt overlay • FM 146: Widening of roads • FM 646: Widening of roads • Interstate 45 (NASA Bypass to FM 1764): Widening of freeway; revision of entrance and exit ramps for better traffic flow • Galveston-Bolivar Ferry Maintenance Building: $1.4 million in renovations (new siding, roofing, etc.) • 5 Corners (FM 270 to FM 518 and FM 2094): New turning lanes, detention pond • P elican Island Bridge: Ongoing repairs and maintenance; exploration of replacement vehicular bridge and possible rail bridge

The Gulf Coast Center Connect Transit and Island Transit are the local transit providers in the County.

SEAPORTS

ROADS

Texas ports play a critical role in the state’s transportation system and are a key part of the state’s economy.

334 miles COUNTY-MAINTAINED ROADWAYS

MAJOR HIGHWAYS

45

6

TEXAS

146 TEXAS

3

TEXAS

$270B ECONOMIC ACTIVITY generated by Texas ports

VEHICLES

830,000+

$6B

CRUISE PASSENGERS

STATE & LOCAL TAXES

269,500

U.S. cruise market, 2015

generated by Texas ports

REGISTERED VEHICLES IN GALVESTON COUNTY

4TH LARGEST PORT OF GALVESTON RANKING FOR U.S. CRUISE MARKET

25.5

2.47

minutes

AVG VEHICLES PER HOUSEHOLD

based on embarkation

AVG COMMUTE TIME TO WORK

AIRPORTS Scholes International Airport

The use of Texas waterways is forecast to continue to increase, fueled by the expansion of the Panama Canal, the surge in the state’s population, potential business with Cuba, and more worldwide waterborne trade overall.

RAILWAYS

Galveston

Ellington Field

Houston, est. 33 miles from Galveston

Houston Hobby

Galveston Railroad (GVSR) – Genesee Wyoming

Union Pacific (UP)

Burlington Northern – Santa Fe (BNSF)

Texas City Terminal Railway Company

Houston, est. 40 miles from Galveston

George Bush Intercontinental

Houston, est. 67 miles from Galveston

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GALVESTON COUNTY

GALVESTON COUNTY ECONOMIC DEVELOPMENT ORGANIZATIONS ORGANIZATION NAME

CONTACT NAME

TITLE

WEBSITE

PHONE

Bay Area Houston Economic Partnership

Bob Mitchell

President

www.bayareahouston.com

832-536-3255

Bolivar Chamber of Commerce

Brad Vratis

President

www.bolivarchamber.org

409-684-5940

Clear Lake Shores Economic Development Corporation

Ronnie Richards

President

www.clearlake-shores-tx.gov

281-797-1970

Dickinson Economic Development Corporation

Angela Forbes

Interim Executive Director

www.ci.dickinson.tx.us

281-337-6105

City of Friendswood

Karen Capps, CEcD

Economic Development Coordinator

www.ci.friendswood.tx.us

281-996-3250

Galveston County

C.B, “Bix” Rathburn, Ph.D

Director of Economic Development

www.galvestoncountytx.gov/ed

409-770-5471

Galveston Economic Development Partnership

Jeffrey Sjostrom

President

www.gedp.org

409-770-0216

City of Hitchcock Industrial Development Corporation

Sabrina Schwertner

Executive Director of Economic Development & Foreign Trade Zone

www.hitchcockidc.com

409-795-1974

City of Jamaica Beach

John Brick

City Administrator

www.ci.jamaicabeach.tx.us

409-737-1142

Kemah Community Development Corporation

Shawna Reid

Board President

www.kemah-tx.gov

281-334-1611

La Marque Economic Development Corporation

Alex Getty

Executive Director

www.ci.la-marque.tx.us

409-938-9258

League City Economic Development Corporation

Scott Livingston

Director

www.leaguecityedc.com

281-554-1036

City of Santa Fe Economic Development Corporation

Robert Cheek

President

www.ci.santa-fe.tx.us

409-925-6412

City of Texas City Economic Development

Nick Finan

Director of Management Services

www.texas-city-tx.org

409-643-5927

Village of Tiki Island

The Honorable Vernon “Goldie” Teltschick

Mayor

www.villageoftickisland.org

409-935-1427

GALVESTON COUNTY LEADERSHIP Galveston County is led by the Commissioners Court

THE HONORABLE MARK HENRY Galveston County Judge

RYAN DENNARD

JOE GIUSTI

STEPHEN HOLMES

KEN CLARK

County Commissioner, Precinct 1

County Commissioner, Precinct 2

County Commissioner, Precinct 3

County Commissioner, Precinct 4

Main: 722 Moody Avenue, Galveston, Texas 77550 • (409) 762-8621 North County Annex: 174 Calder Road, League City, Texas 77573 8

2016 GEDP Developer Profile


GALVESTON COUNTY

Galveston County Communities BAYOU VISTA Incorporated in 1985

SEX AND AGE

GEOGRAPHY

51%

.46

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

1,537

49%

2010 CENSUS

FEMALE

1,568

1,592

54.2

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING The City of Bayou Vista is a single-family, residential waterfront community developed along a series of 12 dredged canals, which provide access to Galveston Bay and the Gulf of Mexico. The City of Bayou Vista is located near Jones Bay and Highland Bayou, about 8 miles west-northwest of Galveston and 35 miles from Houston.

CLEAR LAKE SHORES Incorporated in 1962

1,252

80%

81%

19%

$77,841

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$111,000

$49,590

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

SEX AND AGE

GEOGRAPHY

53%

.46

TOTAL LAND AREA

MALE

1,067

47%

2010 CENSUS

FEMALE

1,138

1,169

48.3

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

(SQUARE MILES)

POPULATION

INCOME

HOUSING The City of Clear Lake Shores is considered the Yachting Capital of Texas. It is home to more boat slips than people. Located in northern Galveston County, the City of Clear Lake Shores has a very diversified group of property owners who share a love of living by the water and riding on their customized golf carts, their main means of transportation.

617

90%

72%

28%

$99,402

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

SEX AND AGE 49%

10.3

TOTAL LAND AREA (SQUARE MILES)

DICKINSON

POPULATION

MALE

18,756

51%

2010 CENSUS

FEMALE

19,605

19,895

36

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING

Incorporated in 1977

$52,300 PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

GEOGRAPHY

Located on the beautiful Dickinson Bayou, a pathway to Galveston bay, Dickinson is a prime geographic location situated halfway between Houston and Galveston on Interstate 45. Dickinson’s rapidly growing business community includes aerospace, petrochemical, health care and retail operations with room to grow.

$107,738 MEDIAN FAMILY INCOME

7,272

88%

70%

30%

$67,083

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$71,558

$28,543

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

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GALVESTON COUNTY

Galveston County Communities FRIENDSWOOD Incorporated in 1960

SEX AND AGE

GEOGRAPHY

50%

20.9

TOTAL LAND AREA (SQUARE MILES)

Friendswood is a progressive suburban city located between Houston and Galveston near three major airports and deep-water ports with easy thoroughfare and railway access. Known for its extraordinary demographics, including a highly educated, affluent resident base and an outstanding public school system, the City of Friendswood offers continuous business relocation and expansion assistance, including economic development incentives.

HITCHCOCK Incorporated in 1960

Born as a weekend playground in 1956, Jamaica Beach prospered during the booming economy of its early years, only to falter in the early ’70s when the founding corporation suffered bankruptcy. But many of the early homeowners loved living by the sea, and with grit and determination, they fought their tribulations, pooled their varied resources and formed the foundation of the community of today. Their efforts culminated in 1975 with the incorporation of Jamaica Beach as a General Law City in the State of Texas. 10

2016 GEDP Developer Profile

2010 CENSUS

FEMALE

38,232

38,800

40.9

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

13,593

96%

80%

20%

$95,120

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$110,959

$42,963

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

SEX AND AGE

GEOGRAPHY

49%

(SQUARE MILES)

Incorporated in 1975

35,925

50%

TOTAL HOUSING UNITS

TOTAL LAND AREA

JAMAICA BEACH

MALE

HOUSING

92.1

Hitchcock, at the gateway to the Golden Gulf Coast, is an ideal location for easy access to retail and industrial centers, recreation, education and medical facilities. This serene residential community is a great place to raise a family or to enjoy a tranquil retirement. Located on state Highway 6 just south of Interstate 45, Hitchcock is 20 minutes from Galveston and about 35 minutes from Houston.

POPULATION

POPULATION

MALE

6,996

51%

2010 CENSUS

FEMALE

7,444

7,621

39.5

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING 3,273

84%

65%

35%

$45,434

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$46,975

$21,366

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

SEX AND AGE

GEOGRAPHY

56%

POPULATION

MALE

988

.77

44%

2010 CENSUS

FEMALE

1,032

1,047

(SQUARE MILES)

55.3

2014 ACS ESTIMATES

2015 ACS ESTIMATES

TOTAL LAND AREA

MEDIAN AGE

INCOME

HOUSING 1,213

41%

74%

26%

$56,188

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$63,750

$47,615

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014


GALVESTON COUNTY

Galveston County Communities KEMAH Incorporated in 1966

SEX AND AGE

GEOGRAPHY

51%

1.8

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

1,790

49%

2010 CENSUS

FEMALE

1,962

1,986

41.5

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING Kemah is named for the Indian word meaning “wind in my face.” Located on Galveston Bay, Kemah is only 25 minutes south of Houston and 25 minutes north of Galveston. Whether its water sports, dining, shopping or just wanting somewhere to spend the day, Kemah is the place to be.

LA MARQUE Incorporated in 1890

886

80%

79%

21%

$70,227

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$88,285

$35,713

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

SEX AND AGE

GEOGRAPHY

49%

14.3

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

14,569

51%

2010 CENSUS

FEMALE

15,528

15,908

35.9

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING La Marque is a residential community some 12 miles northwest of Galveston. The community was originally known as Highlands, probably for its location near Highland Creek, and was renamed in the 1890s when residents learned of another mainland community of the same name. Its current name is French for “the mark.”

LEAGUE CITY Incorporated in 1962

6,341

87%

73%

27%

$44,040

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$49,930

$21,544

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

SEX AND AGE

GEOGRAPHY

50%

53

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

84,085

50%

2010 CENSUS

FEMALE

94,435

98,312

35

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING League City is located on the south shore of Clear Lake. It is a city well known for its recreational lifestyle, outstanding quality of life and a tremendous waterfront. Shops and offices thrive in a business friendly climate that builds upon an economic base that includes the aerospace, energy, medical and tourism industries.

33,098

96%

72%

28%

$90,972

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$102,019

$37,953

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

2016 GEDP Developer Profile 11


GALVESTON COUNTY

Galveston County Communities SANTA FE Incorporated in 1978

SEX AND AGE

GEOGRAPHY

49%

17.3

TOTAL LAND AREA

MALE

12,384

51%

2010 CENSUS

FEMALE

12,861

13,037

43.1

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

(SQUARE MILES)

POPULATION

INCOME

HOUSING Santa Fe is named for the Santa Fe Railroad (now part of BNSF Railway), which runs through the town alongside state Highway 6. On January 21, 1978, a ballot proposal to incorporate Alta Loma and parts of Arcadia (a total of 9 square miles) passed by a wide margin, and the City of Santa Fe was born.

TEXAS CITY Incorporated in 1911

5,261

91%

81%

19%

$61,552

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

SEX AND AGE

GEOGRAPHY

47%

TOTAL LAND AREA

Incorporated in 1982

POPULATION

MALE

45,311

53%

2010 CENSUS

FEMALE

46,625

47,618

36.2

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

(SQUARE MILES)

VILLAGE OF TIKI ISLAND

$31,484 PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

85.6

Texas City is fortunate to have a diversified economy. Heavy industry is the largest since the 1900s; however, the city began diversifying the economy and 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.

$78,103 MEDIAN FAMILY INCOME

INCOME

HOUSING 18,970

87%

60%

40%

$44,659

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$52,314

$21,303

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014

SEX AND AGE

GEOGRAPHY

53%

.75

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

971

47%

2010 CENSUS

FEMALE

1,007

1,026

58.3

2014 ACS ESTIMATES

2015 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING Tiki Island is a waterfront community located 45 miles from Houston and is one of the friendliest, most vibrant communities along the Gulf Coast. Lifestyle on Tiki is one of relaxation with family, friends, and neighbors coming together with one goal ... enjoy life to the fullest. 12

2016 GEDP Developer Profile

964

48%

92%

8%

$115,972

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$124,091

$79,775

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2010-2014


GALVESTON COUNTY

CENSUS -DESIGNATED PLACES AND UNINCORPORATED AREAS BACLIFF, first developed as a summer seaside retreat community named “Clifton By The Sea”, has morphed into an upcoming community located off state highway 146 overlooking Galveston Bay. Bacliff has scenic views of Galveston Bay and offers many places to play and eat fresh seafood while enjoying the eclectic personality of its environment. BAYVIEW was once a scattered row of bayside homes located along the waterfront of Galveston Bay off state Highway 146. Today, it has combined efforts with Bacliff and Kemah and has become a small community that offers residents a relaxing lifestyle along the waterfront of Galveston Bay. It continues to grow and prosper alongside its neighbors. BOLIVAR PENINSULA in the eastern most part of Galveston County is located at the entrance between Galveston Bay and the Gulf of Mexico. Free public ferries link the Bolivar Peninsula with Galveston Island. Major tourist pursuits include swimming, sunbathing, fishing, hunting, beachcombing, shell hunting and bird watching. Extending the length of the peninsula at its northwest side is the Gulf Intracoastal Waterway. Bolivar’s five residential communities include Crystal Beach, Port Bolivar, Caplen, Gilchrist and High Island. The population more than doubles during the summer months as tourists and owners of beach homes arrive to enjoy the beach, fishing and many more attractions.

SAN LEON is located on a peninsula just east of the City of Dickinson. The small town of about 4,000 people supports shrimp, fish and maritime industries. The town was once a vacation area to many visitors from Houston and the surrounding area. It continues to grow and provide great local entertainment and activities for everyone to enjoy.

POPULATION BOLIVAR PENINSULA 2,417

BACLIFF 8,619

2010 CENSUS

2010 CENSUS

SAN LEON 4,970 2010 CENSUS

Source: US Census Bureau, American Fact Finder

2016 GEDP Developer Profile 13


GALVESTON COUNTY

Project Profiles DICKINSON MARAIS RESTAURANT 2015 FM 517 Completion date: Fall 2016 Project size: 5,000 square feet This restaurant will feature Gulf Coast casual cuisine – from New Orleans to Galveston style – steaks and local seafood, Cajun-inspired dishes, pastas, oysters and crawfish. Marais sits on Benson’s Gulley with boat access for those patrons interested in using that form of transportation.

DICKINSON ISD LOBIT EDUCATION VILLAGE Dickinson voters approved a bond issue of $56 million in May 2014 allowing for construction of the Lobit Education Village, including the districts’ seventh elementary, Louis G. Lobit Elementary School, and the districts’ third middle school, Elva C. Lobit Middle School. These two schools opened in August 2016 on FM 517 between Calder Road and Cemetery Road. The two schools are separate campuses with separate entrances, administrative and school staff, but they are connected in some areas, such as the cafeteria and kitchen, library, mechanical systems, bus lane and parking.

NOAH’S EVENT CENTER 3920 Gulf Freeway Completion date: Fall 2016 Project size: 8,700 square feet This is the ninth Texas location for the Utahbased event company. Noah’s provides event space for weddings, corporate meetings and social events for up to 350 guests. The 8,700-square-foot building can be rented in its entirety or separates into four individual rooms. It is equipped with a state-of-the-art audiovisual system, free wireless internet, hardwood floors and a unique, movable ceiling. The main hall features an electric stage that rises through the hardwood floor for a live band or DJ. The event center houses a bride’s room an outdoor patio and catering prep kitchens. Other features include a game room with pool table, shuffleboard, PingPong table, leather furniture and an HD television. 14

2016 GEDP Developer Profile

OTHER DICKINSON PROJECTS: McRee Ford, Dickinson Crossing and Bayou Bend


GALVESTON COUNTY

FRIENDSWOOD

PROFESSIONAL OFFICE BUILDING 215 W. Edgewood Drive Resources used: DRC, Available Building & Land Sites A new one­ -story, 14,000-square-foot professional office building is being constructed. The developer, a local physician plans to occupy 4,000 square feet and lease the remaining 10,000 square feet of the building.

LA MARQUE MAGICAL WINTER LIGHTS It is a world-class event from China that will be held in La Marque at Gulf Greyhound Park during the winter holiday season. The colorful displays are an illuminated tour with seven-themed lantern sections. The event also will feature carnival type rides and live acrobatic performances.

MASA SUSHI AND RETAIL CENTER 1788 S. Friendswood Drive Completion: September 2015 Project size: 10,000 square feet (5,236square-foot restaurant and 4,252-squarefoot retail building) Capital investment: $1.5 million Jobs created: 23 Incentives used: Site Location, $20,000 grant, 380 Grant, DRC

SANTA FE TRACTOR SUPPLY COMPANY Tractor Supply Co. store, one of the largest farm and ranch retailers, has plans for a site in Santa Fe off FM 1764. The Santa Fe EDC agreed to reimburse a contractor for construction and non-construction costs for installing a sewer line extension. 2016 GEDP Developer Profile 15


GALVESTON COUNTY

Project Profiles HITCHCOCK REDGUARD – GULF COAST DISTRIBUTION HUB Project type: Industrial Jobs created: Over 50 employees at full operation RedGuard, a manufacturer of blast resistant modular buildings for the petrochemical industry and leading authority in blast resistance, is bringing its operation to the historic Blimp Base Industrial Park in Hitchcock. RedGuard provides safe, customizable and scalable modular buildings for a variety of industrial settings. At full operation, RedGuard expects to employ more than 50 individuals in a variety of technical and support positions through the new Hitchcock location. The Wichita, Kansas-based company has annual revenues exceeding $50 million annually and looks forward to expanding its customer base from its new Hitchcock location.

16

2016 GEDP Developer Profile

BLIMP BASE INDUSTRIAL PARK Project type: Industrial Storage Solutions expansion Project size: 300 acres of land, 300,000 square feet of warehouse space, 55 acres of laydown area available Expansion: Additional 60,000 square feet warehouse with another 12,000 square feet next door The Blimp Base Industrial Park provides Industrial Storage Solutions for customers with over 300 acres of land and more than 800 feet of frontage to the new FM 2004 Industrial Corridor. In fact, the park added a new 60,000-square-foot warehouse this year and is already building another 12,000 square feet next door. The Industrial Park has more than 300,000 square feet of warehouse space and 55 acres of stabilized laydown area available for lease. The entire 300 acres of the Industrial Park has been submitted for the Hitchcock Foreign Trade Zone. When the FTZ becomes operational, the Hitchcock IDC will be able to work with companies to activate zones within the City of Hitchcock enabling them to utilize the associated tax benefits.


GALVESTON COUNTY

TEXAS CITY 6TH STREET REVITALIZATION DISTRICT The City of Texas City has rezoned 6th Street as a Revitalization District in order to further the goal of developing this historic street into a regional entertainment destination. In just a few years, we have seen a remarkable transformation through investments by the city, existing businesses and new businesses. New streets and sidewalks, vintage-style light posts, esplanades, trees, unique signage and awnings all add to the pre-1950s charm envisioned for the area. As a business owner on 6th Street, the Texas City Economic Development Corporation (TCEDC) offers several incentives to help you beautify your building and ensure your business is successful, such as Paint Assistance, Signage and Awnings.

MARATHON PETROLEUM CORPORATION Marathon Petroleum recently announced its 2016 capital investment plan of $4.2 billion. In this plan, $2 billion is committed in its Galveston County locations. “Through 2020, Marathon Corp. will fully integrate our Galveston Bay and Texas City refineries, increase our overall crude processing capacity, increase our distillate and gas oil recovery and improve the refinery’s reliability,” Marathon President and CEO Gary Heminger said. “It will create a world class refining complex with a crude processing capacity of 585,000 barrels per day, making it the second-largest U.S. refinery.” Marathon’s effort is called the South Texas Asset Repositioning, or STAR, program. Heminger said the company is cutting this year’s capital spending plan due to the current state of the energy market. However, he emphasized that the STAR refinery project is going forward, noting: “We remain very encouraged by the environment for U.S. refiners.” Marathon joins the likes of ExxonMobil and Phillips 66, investing in refining in the past several weeks.

LAGO MAR A development by Land Tejas, Lago Mar is a 2,033-acre master-planned community in Texas City, located in the rapidly growing Galveston-Clear Lake corridor. The master plan calls for approximately 4,000 homes, several lakes, open areas, parks and walking trails. Upon completion, the community will be home to about 14,000 residents. Lago Mar will feature contemporary designs by some of Houston’s most outstanding new home builders – DR Horton, Gehan and Westin Homes. Home prices are set to start from the $200,000s. 2016 GEDP Developer Profile 17


GALVESTON COUNTY

Project Profiles LEAGUE CITY MARKETPLACE AT NINETY-SIX The 38-acre Marketplace at NinetySix development is anchored by a 123,000-square-foot Kroger Marketplace. Phase I of the development is complete and includes 158,266 square feet of fully leased building area. Phase II of the development is underway and will include a total of 110,561 square feet of retail and office space.

PINNACLE PARK & MEMORIAL HERMANN CONVENIENT CARE CENTER Pinnacle Park is League City’s newest mixed-use development. Memorial Hermann will open a 47,000-square-foot Convenient Care Center in Pinnacle Park near the Big League Dreams Sports Complex. The Convenient Care Center will be the largest of its kind within the Memorial Hermann Healthcare System and will feature a 24-hour emergency department, breast center, physical therapy and a multispecialty clinic.

SOUTH SHORE HARBOUR RESORT & HOTEL South Shore Harbour Resort and Conference Center recently completed a $15 million top to bottom renovation. The hotel has 238 guest rooms and 25,000 square feet of meeting and event space. Renovations include the construction of a marina-side pool and deck, a new restaurant, redesigned guest rooms with a nautical feel, two redesigned multilevel penthouses and a lobby bar with panoramic views of the water.

BOLIVAR PENINSULA SEAGRASS BEACH Seagrass Beach was designed to be an exclusive beach-front community that places great value on quality, unique architectural design, privacy, luxury and entertainment. The layout of the subdivision and orientation of the homes sites that surround the communal lawns and pool area, reflects the overall goal for the community to be the ultimate playground for friends and family at the beach. Each home site at Seagrass Beach boasts unobstructed, panoramic views of the Gulf of Mexico.

18

2016 GEDP Developer Profile


GALVESTON COUNTY

GALVESTON

Come Join Our League!

SEAWALL IMPROVEMENTS The $4,898,458 project is funded from two Federal Transit Administration grants: Bus Livability Program and Congestion Mitigation Air Quality (CMAQ) Program as well as just under $500,000 in city funds. As a transit program, the improvements are organized around new bus service, the Seawall Shuttle Route – new bus stops will be designated along Seawall Boulevard at 16 intersections between 4th and 81st streets. Most of the bus stops are at signalized intersections for pedestrian safety in crossing the street. Each intersection has corresponding stops on the north (westbound) and south (eastbound) sides of the street. Additional amenities will include bus shelters, permanent restrooms,solar lighting, landscaper planters, bicycle racks and gateway markers. Design features and street furniture (benches for example) will mirror those installed in Phase 1 at Hampton Battery of Fort Crockett Park, adapted to the individual new nodes. Similar pavers will be installed near each bus stop. Hard wired pedestrian lighting will be installed along the curb line between 29th and 19th streets to illuminate the south side sidewalk in a controlled manner. Solar lights for the shelters, restrooms and gateway markers will be self-contained within the structure. All improvements will be operated and maintained using funds generated by parking fees collected along Seawall Boulevard. The Park Board will assist with providing map/kiosk signs at several of the major nodes. The new bus service will begin as soon as improvements are completed at all bus stops.

League City is an ideal setting for your corporate relocation, convention, getaway, sporting events, development of new destination retail, lifestyle centers, entertainment opportunities, hotel, and upscale dining. The geographical advantage of the Texas Gulf Coast, access to an ever-expanding transportation system, and available property for development makes League City the best place to enjoy all the fine things in life. As one of the fastest growing cities within the region, League City continuously ranks among the best communities in the state featuring strong school districts, high public safety ratings, and abundant recreational activities. Come join our league by making League City your next home or convention stop! George Bush International Airport

59

45

10

10

Downtown Houston

59

Hobby Airport 45

LEE AND JOE JAMAIL PARK Construction is nearing completion for the Lee and Joe Jamail Park. Extensive renovations of the popular fishing spot and only public boat ramp are being made through a partnership of Galveston County, the City of Galveston and a generous donation from Lee and Joe Jamail.

League City Economic Development (281) 554-1038 econdev@leaguecity.com www.leaguecityedc.com | www.leaguecitychamber.com

2016 GEDP Developer Profile 19



GALVESTON

Welcome to

GALVESTON

As a lifelong Galvestonian, I have had the opportunity of watching Galveston ebb and flow through numerous economic cycles. We have had our good times and bad. One constant through all of the years remains the determination and grit of island businesses, neighborhoods and residents. A consistent theme of our great island has always resonated with “potential”. Imagine ... what Galveston would be if she ever maximized her human, natural and financial resources – all for the benefit of Galveston and our surrounding area.

THE HONORABLE JAMES D. YARBROUGH Mayor of Galveston

Galveston, as an entity, is fiscally sound, equipped with a dynamic grouping of proactive professionals, and focused on improving – our neighborhoods, our infrastructure, and our willingness to partner with others to achieve our dreams and potential.

Over the past two years, the City of Galveston has made great strides. We have re-organized, re-prioritized and re-committed to making Galveston the greatest city it can be. Galveston, as an entity, is fiscally sound, equipped with a dynamic grouping of proactive professionals, and focused on improving – our neighborhoods, our infrastructure and our willingness to partner with others to achieve our dreams and potential. Our economic base has been strengthened with the advent of a much more “business” friendly environment for businesses and residents alike. Supplementing this base are vibrant public and private sectors that are investing billions of dollars in new facilities, new infrastructure, new amenities and a desire for leveraging all that we have to offer. Across our horizon we see historic investments in our beaches, neighborhoods, parks, water and sewer facilities, maritime installations, hospitals, educational institutions, private sector enterprises and renewed, collaborative, public-private partnerships. I invite you to not only Imagine ... what Galveston will be over the next three to five years, but to also climb on board and become part of our team as together we will accomplish great things!

Galveston City Council, 2016

For more information about the City of Galveston, visit our website at www.cityofgalvestontx.gov.

2016 GEDP Developer Profile 21




GALVESTON

GALVESTON OVERVIEW Galveston Island is located in the southernmost part of Galveston County, 30 minutes south of Houston, and sits along the Texas Gulf Coast. It is 32 miles long and covers about 41 square miles of land. Galveston, founded in 1839, is a community rich in history and opportunity. Its economic base includes one of the finest deep water ports on the Gulf Coast, one of the largest insurance companies in the United States and one of the first medical schools and comprehensive medical centers in the state. Galveston also boasts 32 miles of beaches, a historic downtown district, a year-round cruise terminal and several attractions and festivals lending to a bustling tourism industry. Galveston Island lost population as a result of Hurricane Ike in 2008. The latest projection stated by the U.S. Census Bureau now estimates a 2015 population of 50,180. This enhanced projection coupled with four other distinct population segments creates a City that has significantly more inhabitants on a daily basis than just it’s base population. Below you will see the diverse makeup of Galveston’s visitors, second-home owners, students and commuting employees.

GEOGRAPHY

POPULATION

SEX AND AGE 48.9% MALE 51.1% FEMALE

41.22

TOTAL LAND AREA (SQUARE MILES)

37.8 MEDIAN AGE

HOUSEHOLDS 32,875

47,743

TOTAL HOUSEHOLDS

2010

49,669 2014

62%

38%

OCCUPIED UNITS

EDUCATION

VACANT UNITS

50,180 2015

80.9%

27.4%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

$38,008 MEDIAN HOUSEHOLD INCOME

$51,510

OWNER OCCUPIED

ADDITIONAL POPULATION Galveston’s population nearly DOUBLES on a daily basis due to the following:

6.4M

17,350

visitors per year

avg daily visitors

COMMUTING EMPLOYEES

$26,164 PER CAPITA INCOME

SECOND HOMEOWNERS

48.4%

51.6%

FAMILIES

COLLEGE STUDENTS

20,000

80%

7,500

avg daily commuting workforce

on West End of Galveston

attending UTMB, TAMUG and Galveston College

NON-FAMILY

2.21

18.3% OTHER

AVG FAMILY HOUSEHOLD SIZE

33.3%

MARRIED FAMILIES

Sources: US Census Bureau, American Community Survey, 5YR, 2010-2014; US Census Bureau, Journey to Work Data, 2006-2010; U.S. Census, 2010; and US Census Bureau, American Community Survey, 2015 Population Estimates

24

2016 GEDP Developer Profile

55%

RENTER OCCUPIED

VISITORS

INCOME

MEDIAN FAMILY INCOME

45%

= 10,000

3.08

AVG FAMILY SIZE


GALVESTON

WORKFORCE Galveston Island represents the job center of Galveston County. With more than 36,000 jobs, Galveston maintains a healthy balance of commuter employees employed in various aspects of Galveston’s employment base. Current estimates indicate an unemployment rate of 5.1 percent for July 2016. Up slightly from December 2015, this rate has continued to decrease over the past five to six years. The top employers in Galveston reflect the major industries of education and health care, tourism and hospitality, the public Sector, and the maritime industry. The University of Texas Medical Branch (UTMB) and Texas A&M University at Galveston (TAMUG) continue to project expansions (both in facilities and enrollments) in the coming years. UTMB is not only the largest employer in Galveston, but also the largest in Galveston County. The outlook of Galveston’s workforce aligns with those of the Texas Workforce Commission as projected in its projections for both the fastest growing industries and the industries adding the most jobs.

CITY OF GALVESTON 2016 TOP EMPLOYERS LIST # OF EMPLOYEES

COMPANY 1 UTMB1

7,864

2 Landry’s

1,688

3 Galveston County2

1,333

4 Galveston ISD

1,032

5 Moody Gardens

3

6 ANICO

36,645

22,756

50%

JOBS ON GALVESTON ISLAND

WORKERS LIVING ON GALVESTON ISLAND

COMMUTE TO GALVESTON ISLAND

871 753

8 Schlitterbahn

508

3

ILA (Local 20,1665,15048,1443)

465

10 Walmart

431

11 Texas A&M - Galveston

356

12 Mitchell Family Corp

337

UTMB totals are for employees in the city only, total for county is 8,318 and 12,166 statewide. 2Galveston County totals are countywide, as many employees work throughout the county on any given day. 3 Both Schlitterbahn and Moody Gardens totals reflect peak season totals. 1

Sources: GEDP Employer Survey, Galveston County CAFR

JOURNEY TO WORK

1,008

7 City of Galveston

9

GALVESTON WORKFORCE

18,251

18,394

50%

LIVING AND WORKING ON GALVESTON ISLAND

COMMUTERS TO GALVESTON ISLAND

LIVE ON GALVESTON ISLAND

GALVESTON: LABOR FORCE MONTH/YEAR

LABOR FORCE

EMPLOYED

UNEMPLOYED

UNEMPLOYMENT RATE

Dec 2011

22,548

20,518

2,030

9

Dec 2012

24,091

22,379

1,712

7.1

Dec 2013

24,151

22,686

1,465

6.1

Dec 2014

24,608

23,451

1,157

4.7

Dec 2015

24,070

22,883

1,187

4.9

Source: Texas Workforce Commission, LMCI TRACER

2016 GEDP Developer Profile 25


GALVESTON

SALES AND PROPERTY TAX RATES

GALVESTON: SALES TAX ALLOCATION

The cumulative Property Tax assessment of $2.475 per $100 of assessed value is projected to be lowered in the coming year. Currently the city is projecting a reduction from the 2015 rate of $.529 to $.526 for 2016.

2016 vs 2015

2016 Jan

$1,346,251

2015 vs 2014

2015

Jan

$1,271,065

2014 Jan

$1,206,492

Feb

$1,775,749

Feb

$1,727,234

Feb

$1,580,661

Mar

$1,345,137

Mar

$1,267,942

Mar

$1,196,353

Apr

$1,287,680

Apr

$1,326,316

Apr

$1,306,266

May

$1,918,409

May

$1,883,450

May

$1,673,131

Jun

$1,520,202

Jun

$1,521,567

Jun

$1,543,704

Jul

$1,728,973

Jul

$1,608,256

Jul

$1,571,501

Aug

$2,109,070

Aug

$2,108,830

Aug

$2,017,139

Sep

Sep

$1,932,922

Sep

$2,131,204

Oct

Oct

$1,754,318

Oct

$1,908,135

Nov

Nov

$1,811,499

Nov

$1,642,812

Dec

Dec

$1,366,646

Dec

$1,394,471

TOTAL

$13,031,469

TOTAL

$19,580,044

TOTAL

$19,171,870

Jan-Aug 2015

$12,714,660

Galveston’s local and state sales tax rate is 8.25 percent. A portion of the city’s local share of the sales tax is allocated to the Industrial Development Corporation through the Type B Sales Tax (previously 4b Sales Tax for Economic Development) benefiting Galveston’s parks, beaches, infrastructure and economic development.

GALVESTON PROPERTY TAX RATE – 2015

Jan-Aug (YTD)

$13,031,469

GALVESTON: SALES TAX REPORTS Galveston County

0.561247

County Road & Flood

0.005753

City of Galveston

0.529

Galveston ISD

1.155

Galveston College

0.17875

Galveston County Nav. Dist. 1 TOTAL

0.045292 2.475042

Note: City of Galveston has proposed a tax rate decrease to .526 for the fiscal year 2016-17

YEAR

GROSS SALES

AMOUNT SUBJECT TO TAX ($)

# OF OUTLETS

2009

$1,704,109,314

$632,400,995

1,661

2010

$1,667,103,335

$580,087,254

1,696

2011

$1,656,568,552

$618,004,111

1,728

2012

$1,732,844,598

$681,085,038

1,797

2013

$1,777,454,100

$699,865,877

1,854

2014

$1,752,130,689

$737,928,949

1,823

2015

$3,071,680,151

$754,232,430

1.852

Source: State of Texas Comptroller

Source: Galveston CAD

GALVESTON: SALES TAX COMPARISON GROSS SALES VS AMOUNT SUBJECT TO SALES TAX 2009-2015 3.5 3.0 BILLIONS

2.5 2.0 1.5 1.0 0.5 0.0

2009

2010

2011

2012

2013

2014

2015

Gross sales

1,704,109,314

$1,667,103,335

$1,656,568,552

$1,732,844,598

$1,777,454,100

$1,752,130,689

$3,071,680,151

Amount subject to tax

$632,400,995

$580,087,254

$618,004,111

$681,085,038

$699,865,877

$737,928,949

$754,232,430

26

2016 GEDP Developer Profile


GALVESTON

INDUSTRY SECTORS: HOUSING AND REAL ESTATE

GALVESTON: TOTAL TAXABLE VALUE (2016)

Galveston’s overall economic climate is anchored by three significant contributors:

TAXPAYER NAME

TOTAL ASSESSED

• Hospitality and Tourism

1

Fertitta Hospitality Inc

$56,902,210

• Education and Health Care

2

CenterPoint Energy Inc

$42,915,033

• Maritime and Support Services for Offshore Oil and Gas

3

Eighteen Seventy Strand Corp

$34,976,200

4

Willie G’s Post Oak Inc

$30,077,185

The table to the right shows the largest taxpayers within the City of Galveston. These 20 entities represent a diverse blend of Galveston’s primary industries.

5

Island Hospitality Inc

$20,504,430

6

Silverleaf Resorts Inc

$18,758,310

7

TFT Galveston Portfolio LTD

$18,501,120

Galveston’s overall business sector, including retail shows steady growth during the past several years. The following sales and use tax reports from the State Comptroller details the tax base and number of outlets reporting. Of particular note is the significant jump in gross sales during the second quarter of 2015. This increase was attributed to accommodations/food services and wholesale trade.

8

Galveston Island Water Park LP

$17,293,370

9

Galveston Terminals Inc

$14,980,335

10

AET Offshore Services Inc

$14,297,132

11

2014 Galveston Jones Drive LLC

$13,408,110

GALVESTON: ACCOMMODATION/FOOD SERVICES (2015)

12

Walmart Realty Co, #504

$12,500,000

13

BNSF Railway Company

$12,280,876

GROSS SALES

QUARTER

AMOUNT SUBJECT TO STATE TAX

OUTLETS

14

MP Island Investments LLC

$11,941,677

Lakeside Galveston Partners LP

$11,598,480

OLCC Texas LLC

$10,840,070

1

$64,286,918

$53,019,189

357

15

2

$1,204,679,144

$67,098,426

353

16

3

$93,611,065

$73,670,640

354

17

9550 Seawall Blvd LLP

$10,639,900

378

18

American National Ins Co

$10,539,470

19

TPI Campeche Cove LLC

$9,959,520

20

Gulf Sulphur Services LTD LLP

$9,950,638

4

$63,267,359

$48,629,927

TOTAL

$1,425,844,486

$242,418,182

Source: Texas State Comptroller

Source: Galveston CAD, Preliminary Roll, July 2016

GALVESTON: WHOLESALE TRADE (2015) GROSS SALES

QUARTER

AMOUNT SUBJECT TO STATE TAX

GALVESTON: RESIDENTIAL SALES

OUTLETS

1

$80,613,180

$5,557,929

61

2

$253,158,143

$5,728,128

62

3

$76,636,453

$4,937,058

59

4

$62,365,116

$4,941,751

70

TOTAL

$472,772,892

$21,164,866

Source: Texas State Comptroller

GALVESTON: CONSTRUCTION PERMITS 2012

2013

2014

2015

YEAR-END MARKET RECAP 2015 VS. 2014 AREA

All Galveston Island

5,703

4,574

4,673

3,402

Commercial

299

302

289

700

182

Residential

1,265

1,266

1,215

1038

831

Demolition

126

190

186

113

67

1,536

1,285

1,281

1292

779

Mechanical

865

731

1,053

1079

750

Swimming Pool

50

35

60

60

38

848

750

583

1048

755

Electrical

Other

Source: City of Galveston, building permit report

2014

% CHG

2015

2014

% CHG

$222,708,739

$232,921,711

-4%

793

818

-3%

2015: 76

2014: 84

% Change: -10%

Median Selling Price

2015: $220,000

2014: $225,000

% Change: -2%

2016 YTD

5,330

2015

Average Days on Market

FIRST SIX MONTHS 2016 VS. 2015

(8/2016)

TOTAL

NUMBER OF SOLD TRANSACTIONS

DOLLAR VOLUME

AREA

All Galveston Island

NUMBER OF SOLD TRANSACTIONS

DOLLAR VOLUME 2016

2015

% CHG

2016

2015

% CHG

$117,184,088

$108,576,151

+8%

393

370

+6%

Average Days on Market

2016: 71

2015: 75

% Change: -5%

Median Selling Price

2016: $244,000

2015: $213,500

% Change: +14%

Source: Data compiled by Sand ’N Sea Properties from Houston Association of Realtors Multiple Listing Service. Data deemed reliable, but not guaranteed by MLS or Broker.

2016 GEDP Developer Profile 27


PORT OF EVERYTHING If you need a port with a convenient location and built-in efficiencies, the Port of Galveston has it all. We can handle almost every kind of ship, cargo and traffic, and offer all the support you need. Call today to learn more about our benefits.

CONVENIENCE

• Just 30 minutes to open sea • Efficient labor and competitive rates • No port congestion • An efficient part of your supply chain • Terminals near the Interstate Highway System and the Gulf Intracoastal Waterway • Direct connection to BNSF and Union Pacific • Foreign Trade Zone No. 36

PortofGalveston.com

409.766.6112

Port of Galveston P.O. Box 328 Galveston, TX 77553


MARITIME

MARITIME OVERVIEW The maritime sector in Galveston is a significant component of Galveston’s overall economic base. Quality primary jobs, capital investments, and a diversification from Galveston’s other economic engines buoy the maritime industry’s contribution to the city, county, state and beyond. Development activity is occurring within three primary geographic areas of Galveston: the port, Pelican Island and Harborside Drive. Although the impacts of the national oil industry continue to be felt, Galveston is seeing growth in the private sector, investments from the education sector and continued infrastructure investments in port-related facilities through the Port of Galveston and the City of Galveston. Most notably from the education sector perspective, Texas A&M University at Galveston is moving forward with an aggressive capital building program, and the Texas Engineering Experiment Station (TEEX) has invested heavily into the Center for Marine Training and Safety with more to come. The Galveston tourism industry is also interlaced within this exciting industry through cruise ships, the Ocean Star Offshore Drilling Rig and Museum, Pier 21 and other amenities related to or compatible with the maritime industry. Galveston is blessed with a comprehensive base of public and private sector entities focused on growing this significant sector and investing in new facilities, expanding existing operations and diversifying product lines. Galveston is strategically positioned for the expansion of the Panama Canal, potential trade with Cuba, and the availability of deep-water oil and gas resources located in the Western Gulf of Mexico.

GALVESTON: TOP TAXPAYERS INDUSTRIAL – REAL TAXPAYER NAME

TOTAL ASSESSED

1

Galveston Terminals Inc

$14,824,479

2

Gulf Sulphur Services LTD LLP

$5,257,124

3

Halliburton Energy Services Inc

$5,226,127

4

SWS Holdings-Brady Island LP

$4,726,982

5

Texas International Terminals

$4,677,000

6

Gulf Sulphur Services Ltd, LLP

$2,876,130

7

Centerpoint Energy Inc

$1,383,340

8

Aet Agencies Inc

$1,316,880

9

Galveston Newspapers Inc

$1,255,310

10

Martin Midstream Partners LP

$1,120,207

11

Martin Midstream Partners LP

$1,000,460

12

Sultex, LTD

$899,820

13

Martin Operating Partnership

$774,994

14

Marine Shelters Holdings LLC

$749,038

15

Forman Aggregate LLC

$734,010

16

Tetra Technologies Inc

$723,903

17

American Printing Company

$640,840

18

Texas Gas Service Inc

$499,890

19

Chouest Southwest Holdings LP

$462,770

20

West Gulf Marine Works Inc

$448,534

Source: Galveston CAD, Preliminary Rolls, July 2016

2016 GEDP Developer Profile 29




MARITIME

PORT OF GALVESTON The Port of Galveston is a significant contributor to the local, Galveston Bay-Houston regional and Texas state economies. The port, through its activities, provides an annual estimated economic impact to the State of Texas of more than $3.8 billion, and generates about 13,000 jobs and $975 million in income for Texas workers. Current average cargo volumes total about 6.4 million short tons annually.

Total cargo tonnage increased 13.4 percent to over 5.6 million short tons in 2015 when compared to 2014. This increase was driven by an increase in bulk grain, refrigerated fruit and wind project cargo. In 2015, the port recognized a 97 percent increase in export grain tonnage from the previous year to about 3.1 million short tons. This figure is close to the historical average for this commodity after record setting poor years in 2012 and 2013. Grain comprises the majority of the tonnage handled at the port. In 2015, the port entered into a revised agreement with Archer Daniels Midland (ADM), which increased the minimum annual guaranteed revenue to the port. Along with reaching this new agreement, ADM announced its intent to invest $10 million of capital improvements to the local facility in the near term. Last year, the port continued to see growth in its refrigerated fruit/ bananas business. Tonnage increased an additional 6 percent to over 520,000 short tons following significant growth in 2013 and 2014. This was a direct result of 2012 capital investments by Del Monte Fresh Produce, N.A., Inc. in its facility, about $12 million, a $10 million wharf

32

2016 GEDP Developer Profile

Robert Mihovil

CARGO

improvement and expansion of piers 16-18 serving Del Monte by the port and a $3 million investment in a shore based crane by Del Monte’s stevedore, Gulf Stevedoring. Port tonnage in General Cargo also increased 156 percent from about 20,000 short tons in 2014 to almost 52,000 short tons in 2015. This was a direct result of increased wind project cargo through the port helped by


MARITIME

the extension of production tax credits for the wind industry. However, port tonnage declined almost 46 percent to 904,000 short tons for bulk liquid as a result of lower oil prices; about 14 percent for bulk fertilizer to 621,000 short tons from a record year in 2014 of over 721,000 tons; and 9 percent for roll on-roll off cargo as a result of the global recession and the loss of business from one shipper to another port.

Project Profiles

In 2015, the port focused on three major capital improvement projects representing an investment of about $35 million in port, government and private funds. These three projects consisted of the construction of a state of the industry Vehicle Processing Center for new BMW vehicles completed in January 2016 ($11 million); construction of a regional intermodal transportation terminal for the City of Galveston completed in December 2015 ($16.3 million); and construction of a 60,000-squarefoot expansion to Cruise Terminal Two, completed in July 2016, and wharf expansion and mooring improvements to accommodate larger cruise vessels. These wharf improvements are expected to be completed in the fall of 2016. In the upcoming year, the port will focus on making repairs to facilities that were damaged by Hurricane Ike in 2008. The port has completed several repairs, specifically at Pier 10 and the Pier 15 warehouse. An estimated $30 million in repairs has been identified, and the port is awaiting federal funding before beginning any infrastructure projects.

Wallenius Wilhemsen Logistics and BMW Group recently opened a 44,000-square-foot facility, which will be utilized to import and process about 30,000 vehicles annually from Pier 10 at the Port of Galveston.

Job creation: About 35 new quality positions have been created to date.

TOTAL ASSESSED

I ncentives utilized: Assisting in the development of this project was the City of Galveston’s Industrial Development Corporation (IDC). The IDC injected $1 million into this initiative for necessary infrastructure improvements in return for the overall capital investment and the creation of primary, eligible jobs.

1 Galveston Terminals Inc

$14,980,335

2 AET Offshore Services Inc

$14,297,132

3 CHS Inc

$13,055,987

4 Gulf Sulphur Services LTD LLP

$10,158,852

5 SWS Holdings-Brady Island LP

$9,572,408

6 Clark Oil Trading Company

$7,644,942

I nfrastructure improvements: Foundation designs for the main building and various concrete ramps; grading, paving, and storm drainage improvements; utility extensions for the main facility and car wash building.

7 Halliburton Energy Services Inc

$7,630,708

The Foreign Trade Zone was also beneficial to this project.

8 M-I LLC

$7,367,197

9 Noble Drilling Services Inc

$6,262,887

10 Texas International Terminals

$5,426,496

11 Gulf Copper Drydock & Rig Repa

$4,470,000

12 Jam Marine Services LLC

$4,091,304

13 Baker Hughes Inteq

$3,907,485

14 M-I Drilling Fluids

$3,708,930

15 Koch Supply & Trading LP

$3,639,007

16 Transocean Offshore Deepwater

$3,419,197

17 ADM Grain

$3,274,868

18 AET Inc LTD

$3,261,039

19 Resource Rig Supply Inc

$3,094,147

20 Vantage Deepwater Drilling Inc

$3,033,562

Source: Galveston CAD, Preliminary Rolls, July 2016

WALLENIUS WILHELMSEN LOGISTICS: BMW VEHICLE PROCESSING FACILITY

ctivities will include: Vehicle inspection, repairs (mechanical, paint A and body), accessory installation, vehicle programming and vehicle maintenance and storage.

GALVESTON: TOP TAXPAYERS INDUSTRIAL – REAL AND PERSONAL TAXPAYER NAME

Robert Mihovil

The port has proactively continued moving forward with development, redevelopment, and creative financing strategies for infrastructure improvements at the port and City of Galveston.

TXDOT FERRY PROJECTS • $29 million project for reconstruction of Galveston ferry landing bulkhead and work docks. • $1.5 million project for the renovation of Galveston-Bolivar Ferry Maintenance Building, including site improvements 2016 GEDP Developer Profile 33


30 years of ImprovIng galveston mobIlIty. The Goodman Corporation is proud to celebrate our 30 year partnership with the City of Galveston, and pleased to be a sponsor of the Galveston Economic Development Partnership’s Economic Development Summit. The City of Galveston has made great strides in rebuilding its infrastructure and planning for the future. Now is the time for the City’s leadership to consider best practices to create the economic growth for Galveston’s future. Dedicated resolve toward improvements in public education, housing, mobility, public health, coastal protection and technology are the ingredients which will bolster a brighter future for Galveston. In this context we look forward to a successful summit.

THE GOODMAN CORPORATION

thegoodmancorp.com


MARITIME

Created on 9-8-16

PORT OF HOUSTON PORT OF GALVESTON

Legend

AVAILABLE PROPERTY: DEEPWATER ACCESS The Port of Galveston owns about 300 acres of undeveloped land on Pelican Island. Currently, the port is considering multiple projects that could both benefit by the availability of open space and provide a positive economic return to the port, the city and the region. The Port of Houston currently owns about 1,200 acres of undeveloped property on Pelican Island. The majority of property owned by the Port of Houston is located north of Seawolf Parkway around the dredge disposal area, which is owned by the U.S. Army Corps of Engineers.

PELICAN ISLAND BRIDGE Complimenting these discussions is the potential collaboration of Galveston County and the city in the replacement of the Pelican Island Bridge and consideration of future rail connectivity. Future opportunities are being influenced by the widening of the Panama Canal, potential trade with Cuba, untapped deep-water oil and gas in the Gulf of Mexico and the development of a regional storm surge suppression initiative. Pelican Island is connected to Galveston Island by a bridge at 51st Street. The Texas A&M University at Galveston campus is the first to greet visitors to the island. Many of the maritime-related businesses are located along the ship channel on the south side of Pelican Island. Businesses such as Galveston Terminals Inc., Martin Midstream, Southwest Shipyards, Halliburton, T and T Marine Salvage and Gulf Copper, all call this part of the island home.

2016 GEDP Developer Profile 35


The Port of Galveston has it all. Modern, comfortable terminals. Pier 21, a waterfront entertainment and dining area. Access to a charming historic downtown with more than 100 shops, restaurants and art galleries. And 32 miles of Gulf Coast beaches that can be enjoyed year-round. For cruise passengers, cruise employees and cruise lines, it's the perfect place to begin and end your next trip.

PortOfGalveston.com | 409-765-9321


MARITIME

PORT OF GALVESTON – CRUISE BUSINESS The Port of Galveston is not only Texas’ No. 1 Cruise Port, but it also ranks as the fourth busiest cruise port in North America and one of the top 10 cruise homeports in the world. Cruise volume is growing exponentially. The Port of Galveston embarked about 835,000 passengers in 2015 due to the largest-ever capacity commitment by the cruise industry to Texas, an increase of 30 percent over 2014. These deployments are expected to carry more than 866,000 passengers in 2016, an increase of 3.7 percent more than last year. Total sailings increased from 181 in 2014 to 232 in 2015 and are projected to be 238 this year. To ensure that the Port of Galveston remains one of the top cruise ports in the world, the port has invested more than $85 million in its cruise facilities since 2000. Terminal 1, measuring 257,657 square feet, is one of the largest single berth cruise facilities in the world. A 2014 Cruise Lines International Association (CLIA) study determined that Port of Galveston cruise activity generated over $1.3 billion in direct spending and over 2,600 jobs paying nearly $1.4 billion in total income in Texas alone. Texas accounted for 6.3 percent of the cruise industry’s direct expenditures, and 6.1 percent of the industry’s overall spending nationwide. About 90 percent of this activity was generated by cruises sailing from the Port of Galveston. The port is anticipating the release of the 2015 CLIA study, which will reflect the growth in this industry.

2015 PORT OF GALVESTON REVENUE STREAM

5% 3%

Royal Caribbean will bring an additional ship, Vision of the Seas, to the Port of Galveston on Nov. 6, 2017, to join the largest cruise ship in the state of Texas, the 1,112-foot Liberty of the Seas. Vision of the Seas is a 915-foot ship, and the port anticipates an average of 2,150 passengers per cruise. Royal Caribbean anticipates 35 four- and fiveday cruises from Galveston during the 2017-18 winter season resulting in an additional 80,000 passengers using the Port of Galveston. Disney Cruise Line will return to Galveston for the holiday season in 2016. Starting Nov. 10, 2016, 12 cruises are planned on the Disney Wonder to the Bahamas, which will include stops in Key West, Fla.; Nassau, Bahamas; and Disney’s private island, Castaway Cay, through mid-January 2017. In July 2015, the Port of Galveston welcomed more than 90,000 embarking passengers. This is the highest monthly total of cruise passengers sailing from Galveston since the port began its year-round cruise business in September 2000.

THE BOARD OF TRUSTEES OF THE GALVESTON WHARVES OPERATING REVENUE STATEMENT DESCRIPTION

0% 0% 0%

In 2016, Carnival Cruise Line further bolstered its leadership position in Galveston, by repositioning Carnival Breeze to replace Carnival Magic and Carnival Liberty to replace Carnival Triumph, joining Carnival Freedom, which arrived in February 2015. With Carnival Breeze, Carnival Liberty and Carnival Freedom, Galveston is home to three of the line’s most innovative ships offering the widest array of cruise durations and itineraries to top destinations in the Caribbean.

Switching 8%

9% 10%

0%

26%

2014

2013

2012

$1,067,920

$763,624

$496,996

$629,707

Wharfage

$2,577,208

$2,659,003

$2,304,942

$2,927,094

Passenger Charge

$8,647,317

$6,157,648

$5,271,205

$4,854,694

Parking Fees

$6,312,896

$4,851,414

$4,117,693

$4,203,115

Dockage

$6,479,532

$5,683,806

$5,345,099

$4,715,107

$3,195,913

$3,449,474

$2,892,874

$2,471,125

Rental Equipment Ship Service Revenues

20%

2015

Shed Hire 19%

Switching Wharfage Passenger Charge

$4,216

$120,388

$114,505

$119,137

$124,191

Rentals

$3,051,766

$3,049,244

$3,446,461

$3,718,048

Security Cost Recovery

$1,539,611

$960,516

$722,253

$636,404

$23,092

$21,858

$50,833

$199,263

$ 33,015,643

$ 27,711,092

$ 24,767,493

$ 24,482,964

Revenue Producing Svcs.

Miscellaneous TOTAL OPERATING REVENUES

Parking Fees

Source: Port of Galveston, 2015 CAFR

Dockage Ship Service Revenues Shed Hire

4TH

1OTH

BUSIEST CRUISE TERMINAL IN U.S.

BUSIEST CRUISE TERMINAL IN THE WORLD

Revenue Producing Svcs. Rentals Security Cost Recovery Miscellaneous

CRUISE SHIP STATISTICS

PORT FAST FACTS

Rental Equipment

DEEP-WATER PORT

FOREIGN TRADE ZONE

YEAR

CRUISE CALLS

CRUISE PASSENGERS

VEHICLES PARKED

2012

174

604,272

77,624

2013

179

604,994

73,395

2014

181

641,650

87,422

2015

232

834,616

112,363

Source: Port of Galveston, 2015 CAFR, p 72

2016 GEDP Developer Profile 37


is Proud to Continue Serving the City of Galveston About Elliott Electric Supply Among the top-ranked electrical parts distributors in the nation, Elliott Electric Supply is a regional leader in the electrical supplies distribution industry, with over 140 stores throughout the southern states. Our unparalleled focus on providing every customer with the highest quality service for the lowest cost, and our history of doing so since 1972, makes Elliott Electric Supply your most dependable and all-around smartest option when it comes to choosing an electrical supplier. We are committed to providing our customers with the most knowledgeable sales staff in the industry, to developing strategic partnerships with customers and manufacturers, and to constantly improve services and operations. We look forward to continue serving you at our store in Galveston, Texas.

Elliott Electric Supply Offers Convenience | Whether you need an on-site supply house, automated inventory, custom wire solutions, scheduled deliveries, or simply a reliable supply house for counter, pickup & will-call orders, we've got you covered. Our priority is providing every part you need, at lower cost, by the most convenient route for you. If we don't have it, we'll get it!

N W

E S

Elliott Electric Supply 6510 Broadway St. Galveston, TX 77554 Office: (409) 741-0072

• Huge Local and Regional Inventories

• 24/7 Emergency Service

• On-Site Inventory Solutions

• Project Storage Options

• Free Scheduled Deliveries

• Custom Wire Cuts & Parallels

• Member of Texas BuyBoard (April 2014)

• Inventory Maintenance Services

ElliottElectric.com | Our website gives you the power and freedom to customize your experience according to what tasks are needed, such as purchasing, payables & billing, approvals, or a combination of any roles. Within each section you'll find specialized tools, which make even complicated tasks quick and easy. The App | Available for both Apple and Android, our app delivers the core features of ElliottElectric.com to your fingertips. The touchscreen interface allows for nice shortcuts to account & order info, communication with your sales rep, useful electrical resources, and other great, standalone tools.

Visit our company’s website at www.ElliottElectric.com or you can scan the QR code above.


MARITIME

Project Profiles CRUISE TERMINAL #2 EXPANSIONS In order to serve the larger cruise ships calling out of the Port of Galveston and their greater number of passengers, the Wharves Board approved a $12.7 million contract to expand Cruise Terminal #2 from a 90,000-square-foot facility to a 150,000-square-foot facility. The new expanded facility will accommodate ships carrying more than 4,000 passengers.

To complete this exciting facility, the Port of Galveston partnered with Galveston’s local lenders – Moody National Bank, HomeTown Bank and Texas First Bank – to secure financing for the expansion. This investment is the next critical step forward for the port to accommodate larger and additional ships at the No. 1 Cruise Port of Texas. Completion of this addition is scheduled for early 2016.

Robert Mihovil

In addition, the arrival of larger cruise ships requires that the port upgrade the moorings and expand the dock at Cruise Terminal #2,

Pier 29. In May, the Wharves Board awarded a $2.2 million contract to J.W. Kelso Company Inc. for this work.

GALVESTON DOWNTOWN TRANSIT TERMINAL The Port of Galveston is constructing the Galveston Downtown Transit Terminal using a Federal Transit Administrative grant provided to the City of Galveston. Location: Corner of 25th Street and the Strand Project investment: Approx. $6.5 million This project will serve future transit needs for the City Island Transit bus service as well as support economic development in the downtown area. The facility will have 159 spaces for public parking and 5,000 square feet of retail space. Currently, tenants in the Transit Terminal include the Strand Art Gallery and the Cruise Stop convenience store.

2016 GEDP Developer Profile 39


Marie Robb Principal

409.256.4518

Services Include:

• Advocacy • Public Policy Analysis • Communications • Performance Improvement • Corporate Governance Chris Robb, CPA Principal

713.516.8640

Expertise Includes:

• Coastal Solutions • Public Affairs Strategy • Internal Control, Development and Evaluation • Accounting Change

Office: 409.737.5700 Marie@CoastalSolution.com


MARITIME

TEXAS A&M MARITIME ACADEMY The Texas A&M Maritime Academy provides an opportunity for students to learn how to operate and maintain an oceangoing vessel. In addition to classroom and field training during the regular school year, students sail aboard the TMA training ship during three summer cruises to gain practical experience in seamanship, navigation and operations. Cruises are varied to include Northern Europe, the Caribbean, the Mediterranean and United States. At the conclusion of the program, Cadets are tested to become licensed as officers in the U.S. Merchant Marine and may seek employment in the exciting field of marine transportation as a licensed third mate or third assistant engineer. The Texas A&M Maritime Academy is one of six maritime academies in the United States.

CENTER FOR MARINE TRAINING AND SAFETY The Texas A&M Engineering Extension Station (TEEX) has completed a modernization of its main facility, including more than 2,000 square feet of remodeled classrooms and offices along with more than 2,000 feet of sheltered waterfront on Offatts Bayou, offering an ideal location for on-water training. CMTS offers a full spectrum of marine firefighting and maritime/offshore safety courses. Additionally, the CMTS offers a number of hands-on oil spill response courses for first responders. These courses are tailored to oil spill response in both freshwater and coastal environments. The goal of CMTS is to offer customers professional development and training to build and maintain their skills in all phases of their profession. CMTS programs are designed to combine industry knowledge, hands-on practical experience, and the latest equipment to meet your training needs. CMTS instructors are highly qualified and certified professionals who bring years of real world experience to the education environment. Courses are offered at the Galveston Campuses on Offatts Bayou and Pelican Island as well as the Emergency Services Training Institute’s Brayton Fire Training Field in College Station.

Besides training in Fast Rescue Boat operation, other courses include lifeboat training, water survival, freshwater and coastal oil spill response. TEEX offers seven U.S. Coast Guard-approved courses for mariners and offshore personnel. Future plans for the facility include bulkhead improvements, a new boathouse and a pool building to further enhance training capabilities. 2016 GEDP Developer Profile 41



EDUCATION

EDUCATION OVERVIEW It’s all about the partnerships Unlike many cities its size, Galveston has the distinct advantage of serving as home to three higher level educational institutions:

• Galveston College

• Texas A&M University at Galveston

• The University of Texas Medical Branch at Galveston

These institutions have created a unique partnership among themselves and the community with one major goal of educating and training the future workforce of not only Galveston and Galveston County, but well beyond our geographical boundaries. Galveston Independent School District could not be in a better position than to be a partner and direct recipient of the benefits of these partnerships. Galveston’s private and charter schools also have the advantage of benefiting from the opportunities afforded by partnerships with the higher educational institutions on the island. Galveston College has a broad curriculum, geared toward workforce training for Galveston’s strongest industry sectors. From its partnership with UTMB offering programs in the health care field, to training programs, such as welding, geared to the maritime industry and programs set to train those interested in careers in the hospitality industry, students are able to find a program to fit their interests. Texas A&M University at Galveston (TAMUG) is home to the only maritime academy on the Gulf Coast and one of only six in the U.S. In addition to the maritime academy, student curriculum focuses on the maritime fields, such as maritime engineering and administration, marine biology and several others. TAMUG also boasts one of the highest success rates for student job placement post-graduation and is growing at a rate of 5 percent to 9 percent annually. The University of Texas Medical Branch at Galveston (UTMB) has a very diverse student population within the four schools of its institution – school of nursing, school of medicine, school of health professions and the graduate school of biomedical sciences.

GALVESTON EDUCATION FOUNDATION (GEF) To support teachers, the Galveston ISD Educational Foundation was founded in 2002. To date, the foundation has awarded more than $3 million in grants to teachers and schools. The foundation collaborates with the district to support a variety of district-wide programs and has reached thousands of students. Much of the district’s success is the result of the hard work of its employees and the community’s continued investment in the students and the school system.

GISD AT A GLANCE ENROLLMENT BY LEVEL

6 ELEMENTARY SCHOOLS

29%

MIDDLE SCHOOLS

27% Pre-K through Elementary

2

SCHOOL ENROLLMENT

HIGH SCHOOLS

7,002

Middle School High School

GALVESTON ISD

1,100

1,500

EMPLOYMENT

PRIVATE/CHARTER SCHOOLS

2,071

$69M

49%

0% 2% 0% 2% 24%

2015

TAMUG

3,169 UTMB

16,042

23%

OPERATING BUDGET

2,300

TOTAL STUDENT ENROLLMENT

ENROLLMENT BY ETHNICITY

One of the largest employers in Galveston

GALVESTON COLLEGE

44%

7

=1,000

In addition to ethnic and cultural diversity, GISD also provides a nurturing environment to economic diversity as well. Currently, more than 74 percent of all students qualify as economically disadvantaged. This blending of ethnic, culture and economic diversity offer a unique and rewarding environment for all students of the district.

American Indian/Alaskan Black/African American White

Asian Hispanic/ Latino Hawaiian/ Pacific Islander

Two or more

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EDUCATION

GALVESTON ISD Galveston ISD serves about 7,000 students on Galveston Island and Bolivar Peninsula. During the 2016-17 school year, it will operate two high school programs, seven middle school programs and six elementary schools. The boundary of these schools stretches from Oppe Elementary located in the West End of Galveston Island to Crenshaw Elementary and Middle School in Crystal Beach on Bolivar Peninsula, a short ferry ride away. Leading the school district is newly appointed Superintendent of Schools Dr. Kelli Moulton who brings to Galveston ISD a distinguished background as an accomplished communicator, team builder, advocate and innovator.

OPPORTUNITIES TO EXCEL Galveston public schools offer a tremendous amount of instructional opportunities at its campuses with magnet programs dotting the district and numerous certification programs that allow students to secure living wage jobs before or after graduation. Middle schools offer a variety of Pre-Advanced Placement credits, and Ball High has access to free or discounted dual credit hours from Galveston College or a multitude of Advanced Placement classes. In addition, GISD offers a full slate of fine arts and athletic teams and programs.

WORLD CHAMPS: Representing Ball High School and Galveston, the team above captured the World Championship in Robotics held at the 2016 VEX Worlds competition in Louisville, Ky.

About 375 students travel daily from out-of-district to avail themselves of the many opportunities at all GISD campuses. For the last eight years, Galveston public schools have implemented a “Schools of Choice” model. Families are free to apply to programs throughout the district where space is available. There are magnet programs along with traditional neighborhood type schools. Galveston ISD continues to expand its offerings by excelling in academics, athletics, fine arts and extracurricular activities. Through one of the district’s magnet and small learning community programs, students can pursue their interests in Bio-STEM (science, technology, engineering and mathematics) fields from elementary through high school. Another program focusing on Media Arts and Digital Technology is available for grades five through high school. In addition to its dual credit offerings, Ball High School has implemented other successful courses, which lead to numerous certifications and real time work experiences. Most recently, Ball implemented the “IncubaTOR” class, which focuses on developing and supporting entrepreneurs. Ball is the first school to launch the “IncubaTOR” class in the state of Texas. The San Jacinto campus is home to two new early childhood programs: the Moody Early Childhood Center serving children from birth to age 2 and the San Jacinto Early Childhood Center serving 3-year-olds.

BALL HIGH SCHOOL Founded in 1884, Ball has been dedicated to creating the next generation of community champions, everyday heroes and citizens of the year. Students have gone on to attend Yale University, Stanford University, University of California at Berkeley, Cornell University, Syracuse University, The University of Texas at Austin, Texas A&M University at College Station, Rice University, Texas Tech University, Baylor University and many other well-respected colleges. For 2016-17, Ball High School will consist of four different small learning communities:

Biomedical Engineering and Medical Professions

Science, Technology, Engineering and Mathematics

Media Arts and Digital Technology

Innovation and Entrepreneurship

44

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The school’s career and technical education (CTE) department is a program, assisted in part by Galveston College, that allows students to earn professional certifications in order to earn a job after high school in different disciplines. Dual credit courses are offered in conjunction with the college. Students who are residents of Galveston and also attended a Galveston high school are eligible for the Universal Access program, which provides free to tuition to eligible students who choose to attend Galveston College.


EDUCATION

GISD ACCOLADES The student council at Burnet Magnet School of Academic Excellence received the American Student Council Association’s Student Council Excellence Award. Coastal Village Elementary welcomed the Houston Texans mascot Toro to support its little Tigersharks in living out their values with the use of the anti-bullying campaign: Toro takes the “bull” out of bullying. L.A. Morgan Magnet School of Science and Engineering won “Best Robot Design” in the national Robotics First Lego League tournament. Oppe Elementary School Campus of Coastal Studies became the first Gulf Coast elementary school to be awarded the Ocean Guardian Grant. Guardian schools make a commitment to the protection and conservation of its local watershed. The Elite dance team at Parker School of International Studies earned an invitation to the Macy’s Thanksgiving Day Parade. Scott Collegiate Academy for Academic and Career Readiness was nationally recognized as a Magnet School of Distinction for the 201516 school year. Central Middle School’s seventh and eighth grade campus at the Media Arts Academies at Central Middle School has participated in the award winning Chuck Norris’ Kickstart karate program by teaching character through karate. For more than 20 years, Kickstart Kids has developed and delivered physical education programs based on martial arts. The Weis fifth and sixth grade campus at the Media Arts Academies at Central Middle School was nationally recognized as a Magnet School of Distinction for the 2015-16 school year. Crenshaw Elementary and Middle School was recognized as a Distinguished Honor Roll School during the 2015-16 school year. Every student at Coastal Village Middle School “WINs.” Faculty and staff implemented an intervention class to ensure the academic needs of students were met. Austin Middle School families pledged to contribute at least 10 volunteer hours during the 2015-16 school year. In 2016, parents, staff and students were challenged to log a cumulative total of 5,000 hours of community service. During the 2015-16 school year, AIM College and Career Preparatory Academy excelled in the State’s Accountability Ratings surpassing the Alternative and MET Standard requirements. Ball High School’s Robotics team was crowned World Champions at the 2016 VEX Worlds competition in Louisville, Ky.

PRIVATE & CHARTER SCHOOLS Galveston Island also serves about 1,500 students through its private and charter schools. AMBASSADORS PREPARATORY Serves 300 students in prekindergarten through eighth grade. Its focus is on oral as well as written language development. Beyond the basic courses, all students have meaningful access to technology in the computer laboratory and in the classroom. ODYSSEY ACADEMY Established in Galveston in 1999, Odyssey Academy is an open enrollment public charter school that serves nearly 800 students in prekindergarten through eighth grade from the Galveston County area. Odyssey Academy uses a comprehensive curriculum that was developed collaboratively by content area experts across the state of Texas. This curriculum promotes an inquiry-based, student-centered, hands-on instructional model. HOLY FAMILY CATHOLIC SCHOOL Holy Family Catholic School serves prekindergarten through eighth grade and has enrollment of about 100. TRINITY EPISCOPAL SCHOOL Accredited by the Southwestern Association of Episcopal Schools and by the Independent Schools Association of the Southwest, Trinity’s 220 students range from 2 years old to eighth grade. SATORI ELEMENTARY SCHOOL The school serves 30-35 children prekindergarten through sixth grade in small, multi-age classes. Each class has a twograde span with a maximum of 12 students assigned to one credentialed teacher. MOODY METHODIST DAY SCHOOL The school is under the direction of Moody Memorial First United Methodist Church. The school is an extension of the educational ministry. The school has an enrollment of about 275 children, ages 3 months through eighth grade. O’CONNELL HIGH SCHOOL Catholic High school, serving students in grades ninth to 12. O’Connell provides individualized attention, challenging advanced curriculum and strong moral guidance creating a learning environment that empowers students from around Galveston area to realize their goals and ambitions.

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EDUCATION

GALVESTON COLLEGE In fall 2016, Galveston College entered its 50th year of service to the Galveston region providing affordable higher education and career training since opening its doors in September 1967. From its beginnings, in the former Saint Mary’s Orphanage at 4015 Avenue Q on Galveston Island, Galveston College has blossomed into a dynamic community college covering two locations. Galveston College offers full two-year associate degrees, one-year degrees, certificates and sessions of classes or training. Programs include courses in academic transfer, workforce training, continuing education and professional development. The college’s eighth sitting president is Dr. W. Myles Shelton. The Galveston College Board of Regents is the legally constituted body representing the citizenry of the Galveston Community College District. The Board of Regents formulates and adopts policies that will effectively guide the organization and operation of the College District. The board consists of nine members elected by position at large from the College District at regular elections. Members serve six-year terms. Galveston College has two locations. The main campus at 4015 Avenue Q encompasses a full city block and a half between 39th and 41st streets in Galveston with additional parking, apartments and dormitory housing for athletes in surrounding areas. The main campus features six major buildings, including Moody Hall, Regents Hall, Mary Moody Northen Center, Fine Arts Building and Gymnasium, Cheney Student Center and the Abe and Annie Seibel Foundation Wing. Future plans call for a new Performing Arts Center and a dormitory in the same vicinity. The second location is the Charlie Thomas Family Applied Technology Center located at 7626 Broadway Boulevard in Galveston. That campus consists of four buildings. The Charlie Thomas Family Applied Technology Center opened in September 2013 with vocational programs of Cosmetology, Welding, Heating Ventilation and Air Conditioning, Electronics and Electrical Technology and Medical Office Administration. This past year, Galveston College added a Pipefitting program to the offerings at the Charlie Thomas Family ATC. Other vocational programs will be housed at the center as they are developed for the Galveston workforce. Galveston College attempts to provide access to higher education and training to every student who wants it. A full-time student who resides in the college district and takes 12 credit hours will pay tuition and

GOLDEN ANNIVERSARY GALA: The 50th anniversary year of 2016-17 will include the Golden Anniversary Gala in October, the Fall Festival in November, the President’s Reception for Donors and Scholarship winners in February and the golden anniversary commencement in May 2017. fees of $779 per semester making Galveston College one of the most affordable higher education opportunities in Texas. A special program of the Galveston College Foundation called Universal Access gives tuition assistance to every high school, home schooled and GED graduate who lives in Galveston. The Galveston College Foundation also awards more than $90,000 in scholarships annually to students. The available schedule listing for each semester includes classes in Accounting, Art, Biology, Business Administration, Chemistry, Clinical Research Coordinator, Computed Tomography, Cosmetology, Criminal Justice, Computer Science, Culinary Arts, Developmental Studies, Drama, Economics, Education, Electrical and Electronics, Emergency Medical Services, Engineering, English, Environmental Science, Government, Health Information, HVAC, History, Humanities, Kinesiology/Physical Education, Law Enforcement, Learning Framework, Magnetic Resonance Imaging, Mathematics, Medical Administration, Music, Nuclear Medicine, Nursing, Philosophy, Physics, Pipefitting, Psychology, Radiation Therapy, Radiography, Sociology, Spanish, Speech, Surgical Technology, Vocational Nursing and Welding. The Non-credit and Professional Development Guide offers a variety of other courses including company based computer training, Waste Water Treatment Training, Leadership Galveston and Medical Coding.

GALVESTON COLLEGE AT A GLANCE 2,071

$779

ENROLLMENT

TUITION

Fall 2015-16 semester

ENROLLMENT BY ETHNICITY

42%

37%

$90,000

SCHOLARSHIPS 13%

Amount awarded by Galveston College Foundation annually

4,700

$5.7M

STUDENTS

AWARDED

Fall 2001 - Fall 2015

White

African American

Hispanic

Asian/Hawaiian/ Pacific Islander

Native American

International

Multi-racial

Unknown

Raymond Lewis Jr. Chair

FACULTY

0% 0%3% 3% 1%

Full-time student 12 credit hours

UNIVERSAL ACCESS

BOARD OF REGENTS

Karen Flowers Vice Chair

58

42

FULL-TIME FACULTY

ADJUNCT FACULTY

15

48

ADMINISTRATIVE STAFF

CLASSIFIED STAFF

37

59

PROFESSIONAL/ TECHNICAL STAFF

PART-TIME STAFF

Fred Raschke Secretary Michael Hughes Carroll Sunseri George Black Carl Kelly

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M

AGGIELAND DOES NOT STOP AT THE WATER’S EDGE

The ocean is a wondrous world teeming with life, mystery and adventure. Scientists believe the ocean's resources hold the answer to disease, world hunger and increased global demands for energy, yet 95% of the underwater world remains unexplored. Texas A&M University at Galveston's mission is to inspire and train tomorrow's ocean-related researchers, scientists, engineers and business leaders to unlock the vast secrets of the earth's seas.

M

Y

Y

Our graduates in marine science explore, research and protect our oceans, wetlands and sea life. Our maritime administration graduates manage ports, shipping and logistics throughout the world. Our engineers perform ocean-related work that takes them from the land to the sea and the depths below. Our marine transportation graduates become ship’s officers who sail the oceans transporting goods and people around the world or serve our country in the Navy and Merchant Marine. All have been taught by the leading experts in their fields. Their degrees come from one of the most outstanding universities in the world. In the past five years, Texas A&M University at Galveston has become the fastest-growing public university in the Houston/Galveston region with more than $140 million in new research, academic and housing facilities. Besides being great employees, our graduates are Aggies by the sea. They have been taught the Aggie values and ethics that they will live by for the rest of their lives. Today, our graduates are all around the world carrying the Aggie Spirit with them. At Texas A&M Galveston, Aggieland does not stop at the water's edge.

DEGREES IN MARINE SCIENCES, ENGINEERING, TRANSPORTATION & MARITIME ADMINISTRATION

www.TAMUG.edu


EDUCATION

TEXAS A&M UNIVERSITY AT GALVESTON Education, Tradition, Adventure! The ocean is a wondrous world teeming with life, mystery, opportunity and adventure. Students and researchers come from all corners of the globe to work, study, research and enjoy the ocean environment of Texas A&M University at Galveston, the ocean campus of Texas A&M University in College Station. The bachelors, masters and doctoral degrees from this institution lead to challenging and gratifying oceanrelated careers. The island location of the campus on Galveston Bay and near the open ocean is in harmony with the ocean-oriented academic programs offered at Texas A&M Galveston. The campus, situated on the Port of Galveston and close to the confluence of the Galveston and Houston ship channels, has immediate access to the ocean, bays, inlets, wetlands and beaches. Enrollment at Texas A&M Galveston has increased to more than 2,300 with growth every year. Students originate from 43 different states and the District of Columbia. About 50 percent of the students have been in the top 20 percent of their high school class. Texas A&M Galveston is home to the Texas A&M Maritime Academy and the academy’s training ship, the General Rudder. The academy is one of only six maritime academies in the U.S. It prepares graduates to receive their license as Merchant Marine Third Mate. In addition, cadets receive a bachelor’s degree. The academy also commissions those who want to serve as officers in the United States Merchant Marine, Navy and Coast Guard. With its growth, Texas A&M Galveston is adding several new structures to the skyline of Galveston. The Texas A&M Maritime Academy residence hall opened this spring. Built through a public/private partnership, no tax dollars were used or requested for this project. The second being constructed now is a new academic complex being built in three phases that eventually will include additional classrooms, laboratories, a large lecture hall and a new library. Breaking ground soon will be a campus pavilion that will overlook the waterfront. The building will include a multipurpose room that will accommodate banquet and theater seating with an open air deck. In addition, the project also will include an outdoor amphitheater that can further extend the space of the pavilion, or also be used as a separate venue for outdoor events.

Courses from English and history to engineering and business, from political science to foreign language all are taught from a maritime and marine perspective. By relating courses, including core courses, to the sea, graduates gain a marine or maritime perspective in those subjects that are not offered anywhere else. This background is very valuable when seeking jobs in the marine and maritime professions The Gold LEED certified Ocean and Coastal Studies Building is home to numerous research projects, including seafood safety, oceanographic, environmental and sea life research, and the study and protection of our Texas shorelines, bays and waterways. Per capita, we have one of the largest research expenditures of any university in Texas, and this past year, research grants to faculty grew by 400 percent. Since its beginnings in 1876, Texas A&M University has developed a rich heritage of traditions that develop character, leadership, loyalty and public service. Students, faculty and staff lead, develop and participate in numerous community projects all year exhibiting that service above one’s self is more than just a saying. Aggies know that they are part of a worldwide network that follows the Aggie core values, holds the Aggie spirit in their hearts and committed their lives to the well-being of each other and of service to others above self. Employers know that hiring an Aggie will be the best hire they can make. Texas A&M University at Galveston is dedicated to continue its leadership in ocean-related education, research and service and in continuing the Aggie spirit and ethos.

TAMUG AT A GLANCE STUDENTS ORIGINATE FROM

43 STATES & D.C.

2,300+

50%

ENROLLMENT

1 OF 6 MARITIME ACADEMIES IN THE U.S.

STUDENTS IN TOP 20% OF HIGH SCHOOL CLASS

LARGEST RESEARCH EXPENDITURES

RESEARCH GRANTS TO FACULTY GREW

PER CAPITA OF UNIVERSITIES IN TEXAS

OVER PAST YEAR

400%

2016 GEDP Developer Profile 49


SEAFOOD KITCHEN

PIER 21 | 409.621.5100


EDUCATION

Project Profiles With its growth, Texas A&M University at Galveston is adding several new structures to the skyline of Galveston.

TAMUG MARITIME ACADEMY: RESIDENCE HALL The new midshipman residence hall is part of the university’s efforts to provide a positive living-learning opportunity for students. The new hall includes two residential wings that connect to a central commons area. The commons area includes a mix of classrooms, study lounges, flexible social spaces, staff and midshipman offices, a reception area, common laundry and storage spaces. The $45 million project, on the north side of Seawolf Parkway, was designed and constructed through a public/private partnership. The project will yield an additional 200 beds to TAMUG’s housing capacity.

ACADEMIC CENTER Start date: Fall 2015 Estimated completion: Summer 2017 A new 91,000-square-foot academic complex is being constructed on campus. Phase 1 will accommodate the interactive spaces and operations currently in the Sea Aggie Center, including the classrooms, laboratories,

Enrollment Services, Research and Graduate Studies and the cashier. Through a generous gift from the Abe and Annie Seibel Foundation, the campus also will be able to relocate the Office of Academic Enhancement, the Honors Program and Undergraduate Research Scholars into the new building and effectively build a new student learning center for the campus.

MULTIPURPOSE PAVILION This campus pavilion will overlook the waterfront of the Galveston Ship Channel. Designed to include a multipurpose room for banquet and theater seating, utilization of this facility includes indoor and outdoor flexibility. In addition, the project will also include an outdoor amphitheater that can further extend the space of the pavilion, or can also be used as a separate venue for outdoor events.

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PRESIDENTS of UTMB

E

stablished in 1891 as the University of Texas Medical Department, UTMB has grown from one building, 23 students and 13 faculty members to a modern health science center with campuses in Galveston, League City and Angleton, more than 3,200 students and approximately 900 faculty. UTMB is part of e University of Texas System and a member of the Texas Medical Center.

1891-1900 Dr. Truman Blocker 1967 -1974

• UTMB mobilizes to care for victims of the Texas City explosion and employs methods of triage learned from WWII • UTMB’s first AfricanAmerican medical student enrolls

co

• John Sealy Tower opens • Texas Department of Criminal Justice Hospital opens

•J

1992 - 1995

• Em

1952 - 1970

Dr. William Levin 1974 -1987

• John Sealy Hospital Opens • First School of Nursing West of Mississippi • First University Affiliated School of Nursing in the US • The 1900 Hurricane “Univ. of Texas Stops for no storm!”

• Biomedical graduate program begins

• UTMB conducts its first telehealth consultation • Center for Tropical Diseases designated a World Health Organization (WHO) Collaborating Center

1910 -1925 • John Sealy Hospital opens • First Shriners Burns Institute dedicated on UTMB campus

Dr. Thomas N. James 1987 -1997 • First woman on faculty • Medical Department officially renamed The University of Texas Medical Branch

Dr. John D. Stobo 1997 -2007

2016 GEDP Developer Profile

• Sealy Center for Cancer Cell Biology established

S

• Correctional Managed Care contract with TX Dept of Criminal Justice begins

•T

1996 - 2000

1971 - 1990

• The Sealy & Smith Foundation for the John Sealy Hospital chartered

• American Board of Plastic Surgery founded by UTMB

54

• UTMB Schools established: Allied Health, Sciences, Marine Biomedical Institute and Graduate School of Biomedical Sciences

•B

•G

• In a

• Medical Library opens

1940 -1950

Dr. David L. Callender 2007 - Present

• UTMB graduates 2 medical classes in one year to meet WWII demands for physicians

• UTMB opens Lee Hage Jamail Student Center

• Regional Maternal and Child Health Program sees first patient

• UTMB designated a Level I Trauma Center

• Libby Moody Thompson Basic Science Building opens

• UTMB receives federal biodefense grant

• Institute for the Medical Humanities established

• UT System approves

L


B

construction of BSL 4 Lab on UTMB Campus

2006 - 2008

Sciences to study effects of BP oil spill in the Gulf of Mexico

2001 - 2005

• The Graduate School of Biomedical Sciences becomes the first public institution in Texas to offer a doctoral degree in clinical science

• Researchers develop new candidate vaccine to protect against chikungunya virus

• John P. McGovern Academy of Oslerian Medicine inaugurated at UTMB • Center for Biodefense and Emerging infectious Diseases

• Galveston National Laboratory opens as one of only two National Biocontainment Laboratories established by the NIH • The Department of Physical Therapy offers doctoral degree

• Board of Regents approves new Jennie Sealy Hospital; The Sealy & Smith Foundation pledges $170 million

• UTMB chosen as site of national biocontainment laboratory • Biosafety Level 4 laboratory facility dedicated as John Sealy Pavilion for Infectious Diseases Research • Telemedicine program logs its 100,000th consultation • George and Cynthia Woods Mitchell Center for Alzheimer’s Disease Research established • Institute for Human Infections and Immunity established

• UTMB breaks ground on new Jennie Sealy Hospital-Galveston

• Opening of new hospital on UTMB League City Campus. • Hurricane Ike hits UTMB Galveston Campus on September 13, 2008

2009 - 2010 • Governor Perry signs legislation authorizing recovery funding for UTMB • UTMB begins Hurricane Ike Recovery Projects totaling $947M • UTMB becomes full member institution of the Texas Medical Center

2011

• Texas Legislature approves funding to build new hospital

2016

• Opening of the new Jennie Sealy Hospital

• UTMB ED re-designated as Level 1 Trauma Center

• Galveston National Laboratory groundbreaking

• School of Health Professions graduates first master’s degree in nutrition students

2012 - 2014

• Sealy Center for Vaccine Development established • UTMB designated as lead institution for Western Center of Excellence for Infectious Diseases Research by the NIH

partners with UTMB to construct outpatient cancer center on the UTMB League City Campus

• Researchers awarded $7.8 million by National Institute of Environmental Health

• UTMB to manage Center for Polar Medical Operations

• The 125th Anniversary of UTMB

• The Moody Foundation pledges $9 million to support traumatic brain injury research

• UTMB named the Developer of the Year by the Galveston Economic Development Partnership

• UTMB establishes UTMB Angleton Danbury Campus

FUTURE GOALS

• UTMB named a WHO Collaborating Center for Vaccine Research, Evaluation and Training on Emerging Infectious Diseases—only the second university named in the Western Hemisphere

• Optimize revenue streams and resource utilization over the next five to seven years

• UTMB researchers announce effective treatment against Ebola virus

• Improve talent acquisition and management across UTMB

2015

• Deliver outstanding, “top-tier” service to our patients, students, staff, faculty and communities.

• The Sealy & Smith Foundation provides $75 million to renovate John Sealy Hospital • U.S. Department of Health and Human Services names UTMB a regional treatment center for patients with Ebola or other highly infectious diseases • The University of Texas MD Anderson Cancer Center

• Optimize financial management and forecasting systems

• Streamline our operating systems to improve outcomes and overall efficiency • Advance programs of excellence • Optimize UTMB’s competitive position

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Improving Health, Improving Lives

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MPROVING HEALTH, IMPROVING LIVES. FOR 125 YEARS, THE UNIVERSITY OF TEXAS MEDICAL BRANCH (UTMB HEALTH) HAS BEEN DOING JUST THAT by educating generations of health care professionals, making world-changing discoveries through groundbreaking research, and providing compassionate, state-of-the-art, lifesaving health care to a rapidly growing patient population.

Since its founding in 1891, UTMB has looked to the future. Today, UTMB is one of the largest and fastest-growing academic health centers in the nation, expanding enrollment in its schools of medicine, nursing, health professions and biomedical sciences. UTMB’s world-renowned researchers are making life-saving discoveries, and its comprehensive clinical enterprise has expanded to three campuses throughout the Southeast Texas region, increasing patient access to quality health care and providing students with innovative, hands-on training opportunities. UTMB is improving health and health care delivery for the future of Texas, the nation and the world—the very heart of UTMB’s mission. UTMB HEALTH HIGHLIGHTS • Expanding access to health care and educational opportunities for health care trainees beyond the historic Galveston Campus to campuses in League City and Angleton Danbury—all designed to advance hope, healing and progress • Significant economic impact includes $1.8 billion budget, enrollment of 3,200 students and more than 12,400 employees statewide

Jennie Sealy Hospital on Galveston Campus

• Employing more than 9,000 people who work in the Galveston County region with an annual payroll of $662 million, a major positive impact on the regional economy • Proud of UTMB’s Diversity – 44.5 percent of UTMB’s workforce are minorities and 72 percent are women – Designated as a “Military Friendly School” because of UTMB’s recruitment and retention of military employees, students and spouses – Achieved “2016 Leader in LGBT Healthcare Equality” status from the Human Rights Campaign – Diversity is a core value at UTMB, and this recognition supports a strong tradition of team commitment in advancing a culture of inclusion at UTMB Health

League City Campus Hospital

• UTMB fosters collaboration as a member of the Texas Medical Center ECONOMIC IMPACT (DIRECT AND INDIRECT; FY2015) • Galveston Island: $300 million in business volume; $310 million in personal income; 10,000 jobs • Galveston County: $526 million in business volume; $670 million in personal income; 13,000 jobs • Texas: $3 billion in business volume; $2 billion in personal income; 46,000 jobs

Angleton Danbury Campus

www.utmb.edu


Educating the Health Care Workforce of Tomorrow

F

ROM THE TIME UTMB WAS ESTABLISHED AS THE STATE’S FIRST MEDICAL SCHOOL IN 1891, the university has trained more health care professionals than any other Texas academic health center. UTMB is now in an era of unprecedented growth, with enrollment in its schools of Medicine, Nursing, Health Professions and Graduate Biomedical Sciences increasing by about 30 percent since 2009. To accommodate that growth and help address critical health care workforce shortages in Texas, UTMB is building a new Education Center, expected to open on the Galveston Campus in late 2018. Through innovative curricula, hands-on learning and an emphasis on working together as an interprofessional team, UTMB is training the health care leaders of tomorrow, and advancing the institution’s mission—to improve health for the people of Texas and around the world— over the next 125 years and beyond.

EDUCATION HIGHLIGHTS • UTMB is one of largest and fastest growing academic health centers in the U.S. • Enrollment increased by ~30 percent since 2009 in Schools of Medicine, Nursing, Health Professions and Graduate Biomedical Sciences • UTMB is ninth in the U.S. in the number of MD graduates with an active license to practice medicine and is first among schools west of the Mississippi River • New UTMB Health Education Center to open in 2018 on Galveston Campus

Galveston, new hospital on League City Campus, and new models of care in a community hospital setting offered at Angleton Danbury Campus • Award-winning, innovative curricula; focus on interdisciplinary team approach to learning • School of Nursing’s online graduate program was recently named the best in the nation by BestCollege.com EDUCATION FAST FACTS • 1,195 graduates in 2015

– Accommodates enrollment growth to address critical health care workforce shortages in Texas and the U.S.

• 3,169 students (Fall 2015)

– Fosters interdisciplinary education for students across all health professions

• 596 residents in training

– Ensures a workforce adept at practicing in a team-based environment—the future of health care – Helps attract and retain top-notch students, residents, faculty and staff – Funded through $68 million in Tuition Revenue Bonds and $23 million in philanthropic support • Critical “real-world’’ educational opportunities provided to students in new state-of-the-art Jennie Sealy Hospital in

• 923 faculty • A leader in student diversity; for the 16-year period 20002015, UTMB School of Medicine has ranked: – 1st nationally in number of Hispanic medical school graduates (2nd nationally in 2015) – 4th nationally in number of African-American medical school graduates (1st nationally in 2015) – 2nd nationally in number of under-represented minority graduates, excluding medical schools at historically black universities and in Puerto Rico (1st nationally in 2015)

www.utmb.edu


Changing the World through Groundbreaking Research

A

S A PIONEER IN LIFESAVING RESEARCH THAT TRANSLATES INTO TIMELY TREATMENTS AND CURES, UTMB has attracted some of the finest researchers in the world. In fields ranging from emerging infectious diseases, biodefense, vaccine development, chronic diseases of aging (including cancer, heart disease, Alzheimer’s, Parkinson’s and diabetes) to environmental health and asthma, burns and inflammation, traumatic brain injury and addiction, discoveries being made in UTMB laboratories truly are changing the world. UTMB researchers’ expertise in emerging infectious diseases gained world renown during an Ebola outbreak in West Africa in 2014. Since then, UTMB’s scientists have been at the fore of developing a vaccine for the Zika virus, which has led to its researchers being called upon throughout the world in the fight to help stop the spread of the disease. To ensure the future of UTMB’s world-class research expertise, expansion of research facilities on UTMB’s Galveston Campus is scheduled for completion in 2017. The addition of 93,000 square feet of critically needed space will support UTMB’s ability to attract and retain the kind of top scientists who will find tomorrow’s treatments and cures. The $42 million expansion is made possible by Permanent University Fund support.

RESEARCH HIGHLIGHTS • Home to the only national lab in Texas and one of two national biocontainment labs in the U.S. dedicated to developing treatments, vaccines and diagnostics to combat infectious threats to health, such as Ebola and the Zika virus • One of world’s largest university-based vaccine development centers; named a World Health Organization (WHO) Collaborating Center for Vaccine Research, Evaluation and Training on Emerging Infectious Diseases; UTMB is only the 2nd university in the Western Hemisphere and the 7th in the world to receive this designation from WHO • UTMB scientists engineered the world’s first Zika virus infectious clone, a key to rapid vaccine development and unraveling how the disease causes birth defects and disease • Other significant areas of research include: – Conducting cutting-edge research aimed at reducing memory problems associated with Alzheimer’s disease and studying potential links between traumatic brain injuries and neurodegenerative disorders – Growing human lungs with techniques that may spearhead groundbreaking advances in regenerative medicine RESEARCH FAST FACTS • $120 million in research expenditures (FY2015) • 201 active U.S. patents protecting UTMB inventions • School of Medicine’s Microbiology & Immunology Department ranked among top 10 in National Institutes of Health (NIH) rankings of all domestic departments of Microbiology • 5 faculty ranked in NIH Top 50 in their respective disciplines • School of Health Professions ranked 15th in NIH funding • Research building expansion to be complete in 2017

www.utmb.edu


Convenient Access to Exceptional Health Care

T

ODAY’S HEALTH CARE LANDSCAPE IS CHANGING, with increased emphasis on improving patient access to primary and specialized health services. Expansive population growth within the region between Houston and the Gulf of Mexico has prompted UTMB to grow to accommodate patients where they live and to offer students a wider array of training opportunities, from community-based practice to the most specialized services found only at major health institutions. To that end, UTMB has expanded its footprint from the Galveston Campus to campuses in League City and Angleton Danbury and continues to build its network of outpatient clinics to increase access to convenient, high-quality health care. As UTMB grows its programs of excellence in education and research and expands access to quality health care to meet the needs of the rapidly growing population, the institution’s vision for the future is built on sound strategic planning for facilities and infrastructure necessary to support that growth.

UTMB HEALTH SYSTEM HIGHLIGHTS • New hospitals opened: – Jennie Sealy Hospital on Galveston Campus opened in April 2016, offering top-quality health care to patients in a technologically advanced yet soothing, healing environment o 310 patient rooms designed to promote a team-based, patient- and family-friendly approach to care o 20 state-of-the-art operating suites with dedicated space for neurosurgery, organ transplantation and orthopedic surgery o A 60-bed intensive care unit; a 28-bed day surgery unit o Entire hospital designed to adapt to new equipment and procedures as care evolves over time – League City Hospital opened in June 2016 on the League City Campus o 150,000 square feet on three floors o Labor, Delivery, Recovery and Postpartum Unit with specialty care for moms and newborns o Emergency Department with 10 rooms and complete diagnostics lab o 20 medical/surgery patient rooms and 10 operating rooms o 2 Cardiac Catheterization Labs

• Level 1 Trauma Center provides care to 1.2 million people in a nine-county service area and is one of three such centers serving all ages in populous Southeast Texas; the only trauma center in the region that is also a Level 1 burn center • Extensive network of clinics providing care from Conroe to McAllen, including new clinics in Galveston, Alvin, Angleton, Webster, Texas City and Lake Jackson • UTMB is one of one of only nine hospitals in the country selected by the U.S. Department of Health and Human Services to be a regional treatment center for patients with Ebola or other highly infectious disease • Among only seven percent of U.S. hospitals with nursing Magnet status, a prestigious designation that recognizes excellence in nursing • Unveiled nation’s first Medical MakerHealth Space to provide nurses and other health care professionals with robust tools (such as 3D printers), resources and expertise to build prototypes of and test inventions with potential to improve health care

• Collaboration with the University of Texas M.D. Anderson Cancer Center to expand on UTMB’s League City Campus; M.D. Anderson UTMB HEALTH SYSTEM FAST FACTS (FISCAL YEAR 2015) will lease land from UTMB to build an outpatient cancer center, opening in 2018 • Recorded 943,000 outpatient encounters and 30,000 hospital discharges • UTMB Health Angleton Danbury Campus provides new models of care and new training opportunities for UTMB students, • Delivered 6,100 new Texans residents and faculty through its small-community setting, as well • Served 60,000 Emergency Department patients as opportunities for patients within the Brazoria County area to access high-quality care close to their homes • Conducted 133,000 telemedicine encounters, including five-year telemedicine contract to provide all medical services to three • Significant renovations to interior and the exterior of John Sealy National Science Foundation research stations in Antarctica Hospital—supported by a major grant from The Sealy & Smith Foundation—to be completed in 2020

www.utmb.edu


We’ll help you make history here. 150 years ago this year, a war veteran with a keen eye for business moved his wife and year-old son to Galveston and built a family of businesses that would have an impact far beyond Galveston and the 19th Century.

Colonel William L. Moody

The man was Colonel William Lewis Moody. He excelled at trading cotton, and he was a driving force behind the Island’s port and a railroad to support the trade.

The Colonel’s son was W.L. Moody, Jr., who inherited his father’s business acumen and grew the family enterprises to include over 50 companies – cotton, banking, printing, insurance, hotels, newspaper publishing, dry goods and ranching. W.L. Moody, Jr., became the eighth wealthiest person in America, and his legacy remains a driving force in our economy fully five generations later. W.L. Moody, Jr., was the founder of Moody National Bank, for example, one of the largest privately owned banks in Texas. With assets of over $1 billion, shareholder equity in excess of $125 million, and loans totaling more than $500 million, Moody National Bank has banking locations serving Brazoria, Fort Bend, Galveston, Harris and Travis Counties. What the Colonel and his son saw in Galveston was great opportunity. It remains alive and well to this day, some would say even stronger than when the Moodys arrived. We would like to help you seize that opportunity.

We know where Galveston’s future is strongest, and we stand ready to help you establish your own business here. We know the value of innovation, hard work and sound business practices that thrive on the Island. Moody National bankers have a wealth of experience working alongside companies in areas like healthcare and health sciences, shipping and transportation, insurance, finance, import/export, education, space exploration, retail and wholesale trade, offshore services, tourism and restaurants. We take a forward-looking approach to banking, and we provide the services demanded by companies doing business in the modern world. For example, our merchant services experts enable businesses to process payments more effectively and economically, and we help companies with digital banking strategies for their employees, vendors and customers. Yes, we admit to having a few old-fashioned ideas, like the value of saving, the wisdom of investing conservatively, the importance of keeping a watchful eye over your finances. Those principles are the foundation of our longevity; serving customers in new and evolving ways is the framework arising from that foundation. We’ve been pioneers here for 150 years. We’ve made history, and we hope you will allow us to help you make history of your own on Galveston Island.

W.L. Moody, Jr.

MOODY NATIONAL BANK was founded as City National Bank in Galveston in 1907, and we trace our banking roots all the way back to 1866. We have grown to a regional bank with offices in Brazoria, Fort Bend, Harris, Travis and Galveston Counties, helping our fellow Texans through good times and bad, prosperity and hardship, ever with our eyes to the future. We will be here. Lending a hand, helping new generations build a better Texas.

MOODY NATIONAL BANK • WWW.MOODYBANK.COM • (409) 765-5561 • MEMBER FDIC


EDUCATION

UTMB OFFICE OF EDUCATIONAL OUTREACH UTMB Office of Educational Outreach provides development activities for science and math pre-college teachers and a series of interconnecting pipeline programs for students. These programs enhance science and mathematics education and facilitate development of a future Science, Technology, Engineering, and Math (STEM) career-related workforce.

STUDENT SCIENCE ENRICHMENT AND CAREER DEVELOPMENT PROGRAMS • Saturday Biomedical Science Academy targets fourth- through six-grade students and involves a series of engaging hands-on experiments in a variety of different scientific areas such as biology, physics and life sciences. Fall and spring, annually. • STEM Summer Camps focus on seventh- through 10th-grade students. Participants perform experiments involving biology, physics, ecology and the life sciences. Participants also learn stateof-the-art scientific methods and then apply these methods to complete an independent project. • High School Summer Biomedical Research Program provides 10th- through 12th-grade students with an immersion laboratory experience for eight weeks in a faculty mentors lab. Project experimental results are presented formally in a poster session/ reception. • Pathfinders Health Careers Program exposes Ball High Health Science Magnet School students to a variety of career opportunities available at a major medical center. Includes hands-on experiences and guest lectures. • Summer Biomedical and Health Sciences Careers Academy enables 10th- through 12th-grade students to explore health and biomedical science careers through campus tours, presentations and handson activities in state-of-the-art facilities at UTMB. Includes a job shadowing experience. • STEM Career Connections Conference enables fifth- through eighthgrade girls to learn about STEM careers from successful women mentors in hands-on workshops. • James Perry Kelly Memorial Summer Science Writing Internshiphands-on opportunity for a high school student to experience professional science writing firsthand in an eight-week internship where information is produced about research projects, scientists and scientific careers, etc. to be used to promote UTMB.

UTMB EDUCATIONAL OUTREACH AT A GLANCE SOUTHEAST REGIONAL T-STEM CENTER

1 OF 7 TEXAS STATE CENTERS TO PROMOTE EDUCATION IN STEM AREA

1,200

72,000

TEACHERS

STUDENTS

DIRECT & INDIRECT IMPACT OF PROGRAMS 2013-14

71% STUDENTS PARTICIPATING IN SCIENCE ENRICHMENT SUMMER HAVE PURSUED STEM MAJORS & CAREERS

66% INDICATED PROGRAM PARTICIPATION SIGNIFICNATLY INFLUENCED CAREER CHOICE

TEACHER PROFESSIONAL DEVELOPMENT PROGRAMS Galveston County Regional Collaborative for Excellence in Science Teaching provides high intensity, sustained professional development and equipment/supplies for teachers that align with the TEKS and also significantly enhance student achievement. • Teacher Professional Development Workshops are provided during the summer and throughout the academic year on Saturdays focusing on STEM content, best practices and instructional strategies/skills. • Educational Resource Center has a wide variety of laboratory equipment, educational kits, DVDs, etc. that are available for loan to educators for classroom use. • STEM Education Conference provides kindergarten through 12th-grade teachers with the opportunity to experience Science, Technology, Engineering, Math education workshops provided by leading educators and view educational vendor exhibits.

SOUTHEAST REGIONAL T-STEM CENTER • One of seven Texas state centers established to promote education in Science, Technology, Engineering and Mathematics. • Areas of expertise: Project Based Learning, Engineering Design Process, Biotechnology & Biomedical Sciences, Robotics, STEM Career Connections, Virtual Learning, STEM teaching strategies, developing 21st Century Skills. • Activities include providing professional development for teachers, coaching, Annual STEM Education Conference, transforming the culture of schools to STEM, school campus Summer STEM Camps, Summer Bridging Programs and Robotics Boot Camps.

STUDENT AND EDUCATOR PROGRAM PARTICIPATION OUTCOMES • Seventy-four percent of students participating in science enrichment summer experiences have pursued STEM majors and careers with 66 percent indicating that their program participation experiences significantly influenced their future career choice (Ricks, 2006). • Educators participating in professional development programs demonstrate a significant increase in science content knowledge and improved student performance. 2016 GEDP Developer Profile 61


DEAR FRIENDS, The Galveston Regional Chamber of Commerce welcomes you to Galveston Island and the region! We fill many roles but one stands out above all: we are the voice of the business community in the Galveston region. Established in 1845, the Galveston Regional Chamber of Commerce has been promoting and advocating for business and community development for 170 years. This mission represents our ongoing efforts to foster a healthy community where businesses can thrive, not just locally but on a regional level. If you’re a new resident, we look forward to getting to know you! If you’re just visiting, we hope you enjoy your stay and encourage you to consider Galveston as the next place you call home. The Chamber’s My Galveston campaign is a resource to assist you in living and working on the island. We hope you will connect with My Galveston: ■ Website: www.MyGalveston.com ■ Facebook: facebook.com/MyGalveston ■ FTwitter: @My_Galveston ■ Instagram: Instagram.com/MyGalveston If you’re a new business in town or just like to stay connected, we invite you to join the Galveston Regional Chamber of Commerce and become united with more than 850 businesses, organizations and individuals working together to promote a positive business climate and community development!

Gina Spagnola

President, Galveston Regional Chamber of Commerce

Dr. David L. Callender

President, University of Texas Medical Branch

Advocate • Educate • Collaborate • Provide Resources • History • Schools • Health • Economy 2228 Mechanic, Suite 101 / Galveston, TX 77550 / 409.763.5326 / galvestonchamber.com


church street Historic Architecture Modern Living 409.766.9922 2101ChurchSt@itexmgt.com www.2101ChurchStreet.com

Live on luxurious Galveston Island in the historically renovated 2101 Church Street. Just minutes from the beach, the Strand Historic District, entertainment and medical district. Enjoy island living with the added attractions of Houston just minutes away.

Over 1500

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Thank you Galveston County The Best Title Company in 2016.

Actually...

When it comes to our business, you're the star. Here at Stewart, we truly appreciate our customers. We know our success is built on yours. That's why you can count on us to offer more – from innovative technology and smoother closings to the unparalleled customer service for which we are known. After all, we're thankful for your business – because it's customers like you who have helped us become one of the top title companies around. Contact us today to learn how we can put our experience and technology to work for you.

Galveston 222 Kempner (409) 763-4641

Galveston - West End 13680 FM 3005 (409) 737-1488

League City 1600 West League City Pkwy. (281) 332-3521

Friendswood 601 S. Friendswood Dr. #103 (281) 819-4280

Santa Fe 13229 FM 1764 (409) 925-3800

Texas City 905 Logan (409) 948-1771


BUSINESS, REAL ESTATE AND HOUSING

ECONOMIC CLIMATE The economic climate of Galveston’s industrial, commercial and residential base is strong and positioned for strategic growth and continued developments in the next few years. Galveston is positioned to recognize comprehensive and diversified investments spanning all sectors of Galveston’s economy and touching almost every area of our coastal community. Investments are being made from Pelican Island and the port to the seawall, from the East End to the West End and many points in between. This growth and development is enhanced by our smalltown lifestyle and our proximity to the fourth largest city in the country, Houston. Galveston and Galveston County are benefiting by a robust economic climate that includes industrial growth and diversification, new and expanded retail developments, institutional growth in our universities and research installations and a growing prominence in the region and throughout the state as a hospitality and tourism destination. Whether you are seeking to establish a new business in Galveston, looking for ways to expand or diversify your existing business, or simply looking for new business contacts, contact the Galveston Economic Development Partnership.

Project Profiles BASSETT FAMILY INTERESTS: W.L. MOODY BLDG Completion date: 2017 Project size: 24,000 square feet Capital investment: $ 4.2 million While the Bassett Family Partnership has renovated and occupies several businesses on Galveston Island, the W.L. Moody building, previously known as Colonel Bubbies at 2202 Strand, is sure to be its most challenging to date. Since purchasing the building last year, the Bassetts are giving the building extensive interior and exterior renovations. The complexity of renovating this historic downtown building is making sure to maintain the integrity of its historical significance, especially its cast iron façade. An endeavor that is both time consuming and costly. When restoration is complete, the three-story building will include retail space on the first floor and loft apartments or offices above. This project is being developed as a public-private partnership in order to maintain the historical significance of this building.

2016 GEDP Developer Profile 65


The benefits of community banking. At HomeTown Bank, our customers and our community come first. Because we are local, we have built solid and lasting relationships with generations of Galvestonians, and we have a stake in the economic growth and well-being of this island we call home. We think that’s a valuable asset for a company looking to build, grow and conduct business in Galveston. We take our role as a community bank seriously, and that means we will do everything we can to help our customers succeed here. Here are some of the benefits of choosing HomeTown Bank: We know you, and our personable staff will make you

Jimmy Rasmussen President and CEO

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2016 GEDP Developer Profile

feel at home, right from the start. We make the effort to learn about your goals and needs, and we work hard to match our resources with your business. We invite you to visit one of our banks and sit with a new account representative or loan officer who will take the time to explain the features and benefits of our accounts and services, and get you started. It’s a convenience that we believe our customers deserve. You know us. Whenever you need our help, you’ll know whom to call or visit. Our bank officers are local people with

“We have built solid and lasting relationships with generations of Galvestonians.”

Michael J. Gaido, Jr. Board Chairman

ties to the same schools and churches your families attend. We take part in local civic organizations to further serve the community we share. We know Galveston. We received our national banking charter as Bank of Galveston and began operations on the Island in 1966, and have been an important part of the local business scene for half a century. Jimmy Rasmussen, the bank’s President and CEO since 1989, believes there is a knack to succeeding in business in Galveston: “We’ve learned, in five decades of service, that Galvestonians like to know the people they do business with. They look out for each other, and they like to trade with local merchants. They want to build long-lasting relationships based on trust, and so do we,” he said.

on its board, with members who themselves have been highly successful in Galveston business. We are accessible. When HomeTown Bank customers need to talk to their banker, they dial a local number and get us on the phone. Sure, we have mobile and online banking, but sometimes you just need to call, and we will answer! The Main Bank lobby at 45th Street and Avenue O1/2 is open Monday-Thursday from 9am-2pm and on Fridays from 9am-6pm, as well as Saturdays from 9am-12pm. The Seawall branch at 45th and Seawall Blvd. is open Monday-Thursday 9am-5:30pm and on Fridays from 9am-6pm. Our convenient drive-through banking at both Island locations starts weekday mornings at 7:30am.

“HomeTown Bank’s loan Our heart and resources officers give customers a are in Galveston. We make personal experience of decisions on loans right here community banking and are responsible for their loans How to Contact from start to finish,” Rasmussen HomeTown Bank said. “They take pride in the many community activities in Main Office: (409) 763-1271 which they are involved, and in Seawall: watching the Island prosper as (409) 763-5252 a result of those loans.” HomeTown Bank has a long history of consistent leadership

www.htbna.com


in Galveston because we are locally owned. There’s no need to wait for approval from some far-off manager in a distant state who doesn’t have a clue about local needs or conditions. ••••• In 1999, Bank of Galveston changed its name to HomeTown Bank, National Association, to reflect its expansion to serve cities other than Galveston, and now has seven locations: two on Galveston Island, two in Friendswood, and one each in League City, Alvin and Pearland. Each of the bank’s employees takes great pride in the quality of service provided by their “HomeTown family.” The bank funded $94.9 million in new loans in 2015, with 100% of that total going back into the communities we serve. Deposit growth for 2015 was a remarkable $29.8 million. Net after-tax earnings in 2015 were $6.025 million, and total capital grew to $55.48 million

after paying a record cash dividend of $3.40 per share in 2015. The bank’s deposit accounts are insured under the Federal Deposit Insurance Act up to applicable limits. The bank is a member of the Federal Reserve System and the Federal Home Loan Bank. Lending options include commercial real estate, construction and expansion loans, consumer installment loans (including automobile loans), residential real estate, second mortgages, home improvement and home equity loans.

“HomeTown Bank’s loan officers give customers a personal experience of community banking.” Personal and business accounts include checking and various types of interest-bearing deposit accounts, including interest-bearing checking, money market, savings, and

time certificates of deposits. Those traditional services are augmented by state-of-the-art technology like mobile banking, online banking, including account-to-account online external transfer, the personal payment service Popmoney,® text message banking, online bill pay, mobile deposit, and instant issue debit cards which have the option of immediate transaction alert for further protection against fraud. The bank is also a member of ATM networks offering worldwide access. Cash management for businesses includes commercial remote deposit capture. “HomeTown Bank has a full range of competitive personal and business banking services as innovative as most banks,” Rasmussen said. “And with that full-service convenience banking comes our accessible team of friendly staff members and their commitment to serving our local communities. It is our people who make the difference.”

YES, WE DO. 4 HomeTown Bank App 4 Account-to-Account online external transfer 4 Instant Debit Card activity alerts 4 Send money by text or email 4 Mobile Banking and Deposit 4 Instant-Issue Debit Cards 4 Online Bill Pay 4 Online Cash Management for Businesses 4 Commercial Remote Deposit Capture 4 Paperless Statements (eStatements) 4 24-Hour Bank by Phone 4 Personal Loans 4 Home Loans 4 Construction Loans 4 Home Improvement Loans

Local bankers making local decisions that help our local economy.

Scott Kusnerik Executive Vice President Loan Officer, Galveston

Cesar Hernandez Vice President Loan Officer, Galveston

Brandon Rogers Assistant Vice President Loan Officer, Galveston

Anthony Cristelli Assistant Vice President Loan Officer, Galveston

2016 GEDP Developer Profile 67


BUSINESS, REAL ESTATE AND HOUSING

Project Profiles

CLASSIC FORD RENOVATIONS Start date: July 2015 Completion date: Aug 2016 Classic Auto Group recently completed a full remodel of its service and parts department, added six new service bays and new device drive to its Ford dealership. Improvements also included a new show room floor and all new furniture. This makes the fourth brand to receive an overhaul since taking over the dealership in 2012.

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2016 GEDP Developer Profile

CLASSIC COLLISION RENOVATIONS Classic Auto Group also just completed state-of-the-art renovations to its body shop, added two new water born down draft paint booths, two new frame machines and new aluminum welding equipment. Building renovations included new roofs on buildings, complete remodel of parking area and interior improvements in the office and shops. All new, energy efficient LED lighting also was added, both inside and outside.


BUSINESS, REAL ESTATE AND HOUSING

HEY MIKEY’S ICE CREAM MANUFACTURING COMMISSARY

Jennifer Reynolds/The Daily News

Hey Mikey’s Ice Cream, known for its handdipped ice cream shop on Postoffice Street in Galveston’s Downtown District, recently has expanded into manufacturing and has opened a 1,200-square-foot commissary kitchen at 2627 Broadway. Mike and Kathy Bouvier obtained a state license for manufacturing and invested in more equipment for the venture. Hey Mikey’s began supplying its ice cream to local restaurants after Blue Bell’s shut down last year. Currently, Hey Mikey’s is being distributed to a dozen restaurants on the island.

JEROME KARAM INVESTMENTS – LOFT/CONDOMINIUM Completion date: Early 2017 Jerome Karam is renovating another historic building in Galveston’s Downtown District. The 1926 Davidson Building, 19th and Mechanic streets, is being developed as five modern loft condominiums. Each will feature a single car garage, one bedroom, one bath on the lower level with master suite, kitchen and living area opening onto a sidewalk canopy along 20th Street.

GALVESTON RESTAURANT GROUP – TAQUILO’S RESTAURANT Taquilo’s serves up Tex-Mex fare, a first for the fast-growing Galveston Restaurant Group enterprise of which Johnny Smecca, his brother Joey Smecca and business partner Danny Hart are principals. Taquilo’s, 2101 Postoffice St., is among four other Galveston Restaurant Group concepts in the downtown area – Sky Bar Steak & Sushi; Little Daddy’s Gumbo Bar; Nonno Tony’s World Kitchen; and Saltwater Grill. Galveston Restaurant Group also owns Mario’s Seawall Italian Restaurant; The Gumbo Diner; and Papa’s Pizza on the island; and Little Daddy’s Gumbo Bar in League City.

2016 GEDP Developer Profile 69


Bring colors to life. Introducing ColorSnap®, a new, integrated system of colors and tools that deliver the ultimate color-selection experience. Only from Sherwin-Williams.

IN-STORE In-store, our all-new ColorSnap® Studio provides a faster and easier way for you to select color in a snap! This innovative display allows you to virtually explore colors in a whole new way – complete with a redesigned, interactive in-store color wall and designer-inspired color palettes.

AT HOME At home, ColorSnap® Visualizer for Web and ColorSnap® Visualizer for iPad, both with a digital color wall, mirror the in-store experience. New 3-D room scenes and new painting tools let you virtually paint your walls so you can preview your paint selections, any time of the day or night.

©2016 The Sherwin-Williams Company


ON THE GO And on the go, ColorSnap® Visualizer for iPhone and Android allows you to capture color inspiration whenever – and wherever – it strikes, by taking real-world colors and turning them into a paint color palette that you can save – all on your smartphone.

Start your experience today at our Galveston location! GALVESTON 1014 61st St 409.744.6329


Galveston Banks:

Together for Community Growth

G

alveston banks have established a proven track record in collaborating for the benefit of Galveston. Exemplifying community reinvestment, four of our local banks have repeatedly come together to provide the financing resources needed for this Island’s economic growth and revitalization. Frost Bank, HomeTown Bank, Moody National Bank, and Texas First Bank have routinely heeded the call for financial assistance ranging from our port to our beaches, in good times and in bad. When beach nourishment was identified as a critical need in 1991, our local banks stepped up and financed $2.7 million to resolve years of erosion on the beachfront. They provided another $10.8 million in additional beach funding in 1994. These investments supported not only the foundation of our beaches but also the entire tourism industry and the businesses that rely upon the quality of our beachfront for a vibrant business climate. When the Port of Galveston was exploring the construction of a competitive cruise ship terminal in the late 1990s, our local banks were there to help. This support has resulted in the Port of Galveston becoming the 4th busiest cruise terminal in the nation. Since the initial investment of our local banks, Galveston has realized almost 8 million passengers boarding cruise ships in Galveston. This success created a need for

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2016 GEDP Developer Profile

the expansion of Cruise Ship Terminal #2 in 2015. Once again, our local banks came to the table and arranged financing to assist the Port of Galveston while benefitting the island’s tourism industry and community overall. After the devastating impacts of Hurricanes Katrina and Rita, our local banks joined in with the City of Galveston and the Galveston Economic Development Partnership (GEDP) to explore strategic initiatives that could aid Galveston in the event of a similar catastrophic event. One tangible example that came from this collective effort was the need for a “catastrophic event bridge loan” to assist the City of Galveston following a major disaster. Formalized in a request by the city in 2007, once again our local banks came forward with a $20 million bridge loan for use by the city. Ironically, this was completed just four months ahead of Hurricane Ike’s landfall on Galveston Island. This bridge loan provided the necessary capital to seamlessly fund payroll, secure emergency equipment and supplies, and restore operations in a post-disaster environment at a time when traditional sources of revenue to the city were cut off due to the storm. Within weeks of Hurricane Ike striking the Island, once again our four local banks partnered with the city and the GEDP to establish a disaster recovery loan fund for

local businesses. Between September and December of 2008 (Hurricane Ike struck on September 13, 2008) this business recovery loan program resulted in over $40 million reinvested through a short-term (180 day), low interest rate (5%, fixed) loan to area businesses impacted by Hurricane Ike. Not only has this program become a national model for business recovery, but also our banks have renewed their commitment to Galveston through a new $50 million line of credit in the event of a future catastrophic event as well as their readiness to repeat the business recovery loan program if and when the situation may occur. More recently, our local banks were called upon to assist the Galveston Independent School District with a bridge fund to address the financial gap created between the due date of the district’s payment to the state as a Chapter 41 (property rich) district versus the date of receipt for ad valorem tax revenue that would arrive well after the due date to the state. “We’re blessed with a network of local banks who take their role in the community to heart,” said Galveston Mayor Jim Yarbrough. “Sure, they compete with each other, but when the chips are down they are all willing to work together for the good of Galveston. Because our bankers put Galveston first, potential new businesses can find the help they need to locate in Galveston.”


Galveston’s local banks teamed up on financing for (clockwise from upper left) the Port of Galveston Cruise Ship Terminal #2, Galveston Independent School District, the City of Galveston, the Port of Galveston’s original cruise ship terminal and Galveston beach nourishment. Texas First Bank began in 1973, when a group of investors organized by Charles T. “Chuck” Doyle purchased First State Bank of Hitchcock. The group established a network of community banks in all 10 cities in Galveston County by the end of the 20th Century, and now has 23 banking centers and 53 ATM locations in Southeast Texas across six counties – Galveston, Brazoria, Chambers, Harris, Jefferson, and Liberty. Moody National Bank received its national banking charter as City National Bank in 1907, and has grown to become one of the largest privately owned banks in the Houston area, a regional banking network for Brazoria, Fort Bend, Galveston, Harris and Travis Counties. Moody National Bank provides wealth management services through one of the largest bank Trust Departments domiciled in the State of Texas. HomeTown Bank was founded in 1966 as the Bank of Galveston, and changed its name in 1999 to reflect expansion of services beyond Galveston. There are currently two HomeTown banking offices on Galveston Island, two in Friendswood, and one each in League City, Alvin and Pearland. The Bank takes great pride in the quality of service provided by a “HomeTown” family of directors, officers and employees. Frost’s commitment to the communities where it operates stretches back to the company’s founding in 1868 and its core values of integrity, caring and excellence. Because of these values and its philosophy of succeeding by building longterm relationships, Frost donates generously to numerous educational, arts, health and civic non-profit causes all around Texas. Frost employees also pitch in to help through the company’s A-Team Volunteer Corps.

2016 GEDP Developer Profile 73


BUSINESS, REAL ESTATE AND HOUSING

GALVESTON’S MARKET Galveston experienced positive movement across the island for the first six months of 2016 versus 2015, according to Sand ’N Sea Properties and the Galveston Association of Realtors MLS. Total dollar volume increased 8 percent while the number of transactions increased 6 percent. During the first six months of 2016, the median selling price rose from $213,500 in 2015 to $244,000. Whether your idea of the perfect home is a coastal themed abode along a waterfront canal, a 19th-century Victorian cottage, an open concept residential Loft in the heart of Downtown, or a more traditional dwelling – Galveston has a neighborhood for you.

HISTORIC NEIGHBORHOODS Galveston’s historic neighborhoods provide homeowners many unique opportunities. With hundreds of historic structures on the National Register of Historic Places, and thousands of historic houses, Galveston is one of the country’s most important concentrations of late 19thand early 20th-century architecture. From stately mansions to quaint cottages to the conversions of downtown buildings to residential lofts, Galveston’s older neighborhoods offer a wide range of housing options.

COASTAL DWELLINGS Galveston has many neighborhoods with coastal inspired homes along the beaches or on canals. Islanders have the option to enjoy the beautiful sunrise over the beach from the back porch with their morning cup of coffee or ending a hard day’s work with a sunset cruise by hopping in the boat outside their backyard.

GALVESTON ISLAND RESIDENTIAL SALES HIGHLIGHTS FIRST SIX MONTHS 2016 VS. 2015 AREA

DOLLAR VOLUME

NUMBER OF SOLD TRANSACTIONS

2016

2015

% Change

2016

2015

% Change

All Galveston Island

$117,184,088

$108,576,151

+ 8%

393

370

+6%

West Galveston Island: Sunny Beach to Pointe West, Beach to Bay

$75,217,316

$66,261,249

+ 14%

182

171

+6%

Near West Galveston Island: 61st Street to Sunny Beach, Beach to Bay

$7,370,500

$11,988,175

- 39%

32

47

-32%

Colony Park

$315,000

$1,127,500

- 72%

1

4

-75%

Havre Lafitte

$2,071,350

$1,425,700

+ 45%

7

5

+40%

Campeche Cove

$374,150

$1,085,500

- 66%

2

4

-50%

Evia

$417,000

$1,474,525

- 72%

1

4

-75%

Mid Galveston Island: 25th Street to 61st Street, Beach to Bay

$19,922,217

$13,796,518

+ 44%

112

92

+22%

Cedar Lawn

$2,814,000

$1,069,000

+ 163%

5

3

+67%

$309,500

$647,000

- 52%

1

3

-67%

East Galveston Island East of 25th Street, Beach to Bay

Denver Court

$16,435,947

$19,384,109

- 15%

74

70

+6%

UTMB/Downtown/East End Lofts & Condos Only

$17,870,162

$12,970,712

+ 38%

62

55

+13%

The differences between the first six months of 2016 over 2015 saw a different picture. The median selling price INCREASED from $213,500 in 2015 to $244,000 in 2016. The average number of days a property is on the market reduced from 75 days to 71 days. At the midway point of 2016, many anticipate the housing activity to gain momentum in the second half of the year.

74

2016 GEDP Developer Profile

FOR ALL RESIDENTIAL SALES ON GALVESTON ISLAND FIRST SIX MONTHS 2016 VS. 2015 Average Days on Market: 2016: 71 Median Selling Price: 2016: $244,000

2015: 75

% Change: -5%

2015: $213,500

% Change: +14%

Source: Data compiled by Sand ’N Sea Properties from Houston Association of Realtors Multiple Listing Service. Data deemed reliable, but not guaranteed by MLS or Broker.


BUSINESS, REAL ESTATE AND HOUSING

Project Profiles THE PRESERVE AT GRAND BEACH This 39-acre master planned development on East Beach will include 52 homesites starting at $125,000. The development, Galveston’s first gated beachside community, sits across 1,600 linear feet along the beach front. 230 East Beach Limited is a Texas-based limited partnership specializing in residential and commercial development.

EVIA Sullivan Brother Builders continue to build in Evia, a West End neighborhood adjacent to the Moody Gardens golf course reflecting the charm of “Old South” port cities, while offering all of the modern conveniences and amenities. Amenities include:

• Three freshwater lakes and a nature preserve

• A children’s playground and a sparkling community pool

• A local coffee shop within the community

• Homes with generous front porches perfect for neighborhood socializing

• Garages that are minimized in appearance (recessed, side and rear of homes)

2016 GEDP Developer Profile 75


Kahala Development, LP Properties On Galveston’s West End Include: Beachside Village • Kahala Beach Kahala Beach Estates • Sands of Kahala Beach and Bridgepoint on Teichman Point

Kahala Development, LP – was formed in 2003 by Bruce and Debbie Reinhart and is responsible for Beachside Village, a 70 acre community, two miles past the end of the Seawall, with 197 single family residential lots and 3 acres set aside for future commercial development. There are currently 80 homes in the neighborhood.

All tolled, Kahala developments have added over $90M to Galveston’s tax base and that number is expected to double when Beachside Village is built out.

Beachside Realty Company, LLC Founded in the summer of 2006, BRC was shut down following Hurricane Ike. Beachside Realty re-opened in 2011 and is now a booming, niche real estate company in Galveston. With a focus on Beachside Village, BRC has listed and sold over $35M of property to date.

Bruce and Debbie Reinhart – Started building houses in 1981 and developing subdivisions in 1983. The land to develop Beachside Village was purchased in 2003 and construction of houses began in 2004. With two dozen homes in the neighborhood when Hurricane Ike hit – none of the homes had any damage to the interior of the homes as Beachside Village was and is now the only residential neighborhood with a geotube protecting the homes and infrastructure from erosive events. Beachside Village remains the most architecturally restricted neighborhood on the West End and boasts a very active homeowners association.

Beachside Village Builders, LP – Since moving back to the island in 2011, the Reinhart’s reopened their construction company and have since built over a dozen homes, primarily in Beachside Village.

Kahala Development | Beachside Realty Company Beachside Village Builders Bruce Reinhart • Debbie Reinhart • Austin Reinhart 832.696.8152 KahalaDevelop@aol.com


BUSINESS, REAL ESTATE AND HOUSING

Project Profiles BAYSIDE AT WATERMAN’S Developers Todd and Lori Edwards broke ground on Bayside at Waterman’s in April 2015. The 121-lot development on the shore of Lake Como is on 21 acres between the Galveston Country Club and Galveston Island State Park. When development is complete, the property will have taxable value of $160 million, according to estimates, and includes renovation of the historic Stewart Mansion in the 14000 block of Stewart Road. The public infrastructure is being paid for by a city-authorized Public Improvement District. The district allows the Edwards to use taxexempt bonds to build more than $7 million in public improvements. The $9 million in privately funded amenities will be built in parallel to the public infrastructure. Phase 1 includes 11 waterfront town houses, of which two are under construction and for sale; a second-level private deck and swimming pool; and 67 covered boat slips. Existing amenities include Waterman’s Restaurant, a marina, elevated viewing decks and a boat launch. Preservationists have applauded the planned renovations of the Stewart Mansion, which was commissioned by George Sealy Jr. in 1926,

according to the Galveston Historical Foundation. The Sealy family was among the island’s dynastic clans, powerful in business and politics. In 1944, Maco Stewart, founder of what would become Stewart Title Co., acquired the property, hence its name. Repurposed as a clubhouse and event center, Stewart Mansion will include such amenities as a fully equipped gym and fitness center, a small bistro/grill restaurant, two ballrooms, an ice cream parlor, bike and golf cart rentals, a private cottage rental agency on-site concierge services and locker room for families and guests using the pool and lazy river at the development.

G A L V E S T O N

C O U N T Y

THE DAILY NEWS

Texas’ Oldest Newspaper

Publishing Since 1842

Thank You Galveston County! For the 5th time, residents of Galveston County have voted The House Company as “The Best Real Estate Firm in Galveston County”! We are extremely honored and understand our success is not possible without our customers .

WE KNOW GALVESTON AND WE’VE CALLED IT HOME FOR OVER 35 YEARS! 2615 Broadway / Galveston, Texas 77550 thehousecompany.com (409)763-8030

2016 GEDP Developer Profile 77



TOURISM

TOURISM & HOSPITALITY Galveston Island’s natural amenities create its own economic engine. With 32 miles of beaches and many places for people to splash around or enjoy the wildlife, Galveston just naturally attracts people to visit. Galveston also has myriad quality, familyoriented attractions and festivals to put the island on the list of great places to visit, attracting more than 6 million visitors per year. The economic impact of tourism-related activities increased in almost all categories between 2014 and 2015 according to the Tourism Economics – 2015 Economic Impact Report commissioned by the Galveston Park Board of Trustees. Cruise business is big business for the Port of Galveston and the Galveston tourism industry. The port continues to reinvest in amenities and facilities for newer and bigger ships along Galveston’s waterfront.

Robert Mihovil

In addition to the activities of the cruise industry, Galveston has many other attractions that keep visitors entertained and excited during their time on this Island.

Project Profiles

Additional attractions, including Moody Gardens, Schlitterbahn Waterpark, the Galveston Island Historic Pleasure Pier, The Strand Historic District, miles of beaches, premiere golf courses, including the Galveston Country Club and Moody Gardens Golf Course and much more, contribute to Galveston’s positioning as a world-class destination.

BEACH NOURISHMENT

Project specifics: 3.5-mile stretch of beach (12th – 61st streets) replenished with up to 1 million cubic yards of beach quality sand dredged from the Galveston Ship Channel, widening beaches by 100 to 150 feet

ACCOLADES

Expected start date: October 2016

• Galveston was the No. 2 rated tourism attraction in Texas, second only to the Alamo (State of Texas Office of Tourism)

Completion date: Spring 2017

• Galveston was listed as the No. 2 “Spring Break Destination” by USA • Today’s 10 Best Reader’s Choice Travel Awards (2014) • Galveston was listed as No. 7 on “Top 10 Destinations on the Rise in U.S.” by TripAdvisor (2013) • Galveston was listed as No. 5 on “Top 10 Family Vacations in 2013” by Family Vacation Critic (2013) • Galveston was featured in Coastal Living magazine’s March 2013 “Dream Town” (2013) • Galveston was named among Top 3 “Southern Hot Spots”

The Park Board of Trustees recently completed another phase of beach nourishment. The Galveston Park Board – in partnership with the City of Galveston, Texas General Land Office and FEMA – will begin a $19.5 million beach expansion and nourishment project this fall that will widen existing seawall beaches between 12th and 61st streets.

The project will be completed using a “pipeline dredge” process that requires a 36-inch pipe to remain on the beach while crews are active. Pipes and pumps will move sand from the Galveston Ship Channel at Big Reef (east of East Beach) to the project site. The staging area for the project will be located at Stewart Beach, where construction equipment, pipes and pumps will be housed. Galveston’s beaches will remain open during the project. Construction pipes will be covered by special sand ramps to ensure public access to the coast. This project will mark the third sand nourishment project to be undertaken in Galveston in recent months.

• May 2015: More than a half-mile of beach was added west of the seawall at Dellanera RV Park.

• November 2015: More than 15 blocks of brand-new beach along the seawall west of 61st Street.

Combined investment: The three projects represent more than $44 million invested in the Galveston coastline.

• The local funds ($792,192) to be contributed are generated by a voter approved sales tax of 0.125 percent, which generates community support of large scale beach projects.

• The last time this project was completed in 1994 a study by the PB showed that for every $1 of public funds dedicated toward beach restoration and renourishment in Galveston produces over $4 in local tax revenues. 2016 GEDP Developer Profile 79


TOURISM

KEY TRENDS OF 2015 ECONOMIC IMPACT OF TOURISM • Ongoing restoration and beach improvement efforts and fasterthan-average growth in the Houston region are driving Galveston Island’s expanding tourism economy. • Visitor volume increased 6.4 percent and lodging spending increased 4.3 percent in 2015. Visitor volume and lodging spending are 17.8 percent and 38.4 percent, respectively, above the previous peaks in 2007. • Visitors to Galveston Island spent $766 million in 2015, which generated $1.1 billion in economic activity to the island’s economy. • For overnight visitors, lodging and food represented more than half of all expenditures while top spending categories for day-trippers included food and retail. An estimated 59.8 percent of all visitors were day trippers.

Tourism generated $153 million in taxes in 2015. Tourism-driven state and local tax proceeds of $73.8 million helped offset the average household tax burden by $3,620. While tourism generated a significant amount of hotel occupancy tax (HOT) revenue that is restricted, it also contributed $25.6 million in local sales and property tax revenue to the City of Galveston.

VOLUME OF VISITORS TO GALVESTON

TOURISM-GENERATED TAX REVENUES (US $ million)

(Millions, including day and overnight visitors) 6.4

6

6.0

5.8

5.7

5.8 5.6 5.2

5

5.0 4.8

2014

2015

72.4

75.5

79.2

17

18.6

19.4

20.2

Corporate

23.7

24.4

25.5

27

Indirect business

4.3

4.5

4.7

5

Social security

22

24.9

25.9

27

26.8

28.3

30.6

32.4

STATE

4.5

4.6

2013

67.1

Personal income

5.4

5.4

2012 FEDERAL

4.4

Sales

18

18.8

19.7

20.7

4.2

Lodging

7.8

8.5

9.9

10.6

2009

2010

2011

2012

2013

2014

2015

Social security

0.9

1

1

1

CRUISING IS BIG BUSINESS

LOCAL

33.1

35.3

38.8

41.5

• While total island visitation grew 6.4 percent in 2015, cruise passengers grew more than 30 percent in 2015.

Sales

5.8

6

6.3

6.6

Lodging

11.7

12.7

14.9

15.9

• Galveston is the fourth busiest cruise port in the U.S.

Excise and fees

1.7

1.7

1.8

1.9

• Cruise activity generated $56 million in passenger onshore spending.

Property

13.9

14.8

15.8

17

TOTAL

126.9

136

144.8

153

VISITOR VOLUME TRENDS (thousands)

Source: 2015 Tourism Economic Impact Report by Tourism Economics

2010

2011

2012

2013

2014

2015

CRUISE PASSENGERS

435

459

604

605

642

837

% Change

10.1

5.7

31.5

0.1

6.1

30.5

TOTAL VISITORS

5,020 5,437 5,697 5,823 6,026 6,409 11.3

% Change

8.3

4.8

2.2

3.5

6.4

OVERNIGHT VISITOR SPENDING BY CATEGORY

DAY VISITOR SPENDING BY CATEGORY

Avg. Per Person Per Day = $114

Avg. Per Person Per Day = $53

6.6% 24.2% 33.5%

80

17.1% 18.5%

Transportation

13.1%

Recreation Retail Lodging Food

2016 GEDP Developer Profile

28.1% 30.3%

YEAR

TOTAL # OF ROOM NIGHTS BOOKED

AVERAGE ROOM RATE ($)

% OF OCCUPANCY

2012

943,341

134.23

51.6

2013

931,050

145.84

50

2014

949,743

150.98

50.1

2015

1,005,357

148.49

53.8

Sources: Galveston Island Park Board, State Comptroller office, Source Strategies report

Recreation

28.4% 0%

Transportation

HOTEL OCCUPANCY REPORTS

Retail Lodging Food

Galveston hit over 1 million room nights in 2015, putting it among the Top 15 cities in Texas for the number of room nights booked per year. Galveston’s inventory is approaching 6,000 available rental rooms based on hotels, condo and vacation rentals.


TOURISM

GALVESTON ISLAND ATTRACTIONS & EVENTS

Project Profiles

Galveston has many attractions and events, with plenty of events for both resident and visitors alike: Moody Gardens In 2007, Moody Gardens welcomed more than 2 million visitors. Schlitterbahn Waterpark Galveston In 2010, made the Top Ten Waterparks in the United States with regards to attendance. The Galveston Island Historic Pleasure Pier Opened in May 2012, the amusement park over the water, has become a leading Galveston attraction, further adding to the amenities of Galveston. The Strand Historic District • Dickens on The Strand – 30,000 visitors visited the historic Strand area in 2007 for Dickens on The Strand. • Mardi Gras! Galveston – In 2007, more than 200,000 visitors participated in the event. • Lone Star Bike Rally – This weekend event attracted more than 450,000 motorcycle enthusiasts in 2007. Beaches Visitors to Galveston Island can enjoy more than 30 miles of beaches, some of which have restroom facilities and parking. Golfing Golfing enthusiasts will be challenged by playing a round at either of the Island’s premiere golf courses – Galveston Country Club and Moody Gardens Golf Course. Each facility offers challenging courses with impeccable amenities as the result of significant reinvestment to both courses in the last few years. Moody Gardens Golf Course was ranked within the top 10 mid-priced venues in the region by the Avid Golfer Houston magazine (2010) and recognized by Golf Digest (2010) as one of the “Best New Remodel” courses in the country.

ISLAND FAMOUS — HOLIDAY INN EXPRESS Completion date: Spring 2018 Project size: 80,000 square feet Investment: $15 million Galveston-based Island Famous Inc. and Houston-based American Liberty Hospitality have joined together for another beach-front hotel development in Galveston, making this their second Galveston development. Located at 3228 Seawall Blvd., the Holiday Inn Express and Suites Galveston Beach is a ground up, new construction, five-story hotel located adjacent to Island Famous’ flagship dining and entertainment venue, The Spot. The hotel will feature 106 guest rooms, meeting space, a board room, outdoor pool, Jacuzzi and children splash zone. All guest rooms include balconies overlooking the beach front, and room service will be available for lunch and dinner compliments of The Spot.

HOMEWOOD SUITES HOTEL Investment: $5 million Completion date: Summer 2016

BEST WESTERN PLUS OF GALVESTON Start date: December 2014 Completion date: Spring 2016 Total area: 75,000 square feet Jobs created: 20 full time/15 part time Investment: $5.5 million The Best Western Plus of Galveston, 8502 Seawall Blvd., will have 96 oceanfront, balcony rooms overlooking the Gulf of Mexico on the west end of Galveston’s seawall. This hotel project is in proximity to nearby attractions, such as the Moody Gardens entertainment destination, and its hotel and convention center, the Moody Gardens golf course and the Schlitterbahn Galveston Waterpark. The project, currently under construction, was designed by Michael Gaertner Architect and is being constructed by Balaji Builders Inc.

SRI Galveston Hospitality is constructing the Hilton Worldwide concept billed as an upscale, extended-stay five-story Homewood Suites at 110 Seawall Blvd. The 86-room property, comprised of one and two bedroom suites equipped with full kitchens and refrigerators, is set to take advantage of the University of Texas Medical Branch’s hospital expansion and its proximity to Stewart and East Beaches on Galveston’s East End. 2016 GEDP Developer Profile 81


SALTWATER GRILL VOTED 2016 GALVESTON RESTAURANT OF THE YEAR! - galveston.com LITTLE DADDY’S GUMBO BAR VOTED BEST GUMBO - galveston.com MARIO’S SEAWALL VOTED BEST ITALIAN - gcdn reader’s choice SKY BAR VOTED BEST HAPPY HOUR - gcdn reader’s choice

Galveston Restaurant Group ario’s Seawall Italian Pizzeria Galveston Restaurant Group has brought the “art of great eating” to Galveston Island patrons since 1997. Created by Johnny Smecca, Joey Smecca and Danny Hart, they opened their first restaurant, Saltwater Grill, in 1998. Since then, they have been creating and franchising restaurant concepts that deliver the best dining experiences on the Texas Gulf Coast. The Galveston Restaurant Group also offers a wide variety of catering and banquet options that can be personalized for any event. From presentation to flavor, they provide a unique and memorable culinary experience for your guests. Please call the corporate office at (409) 750-8888 for details.

Once again voted “Best Italian Cuisine,” tucked away in the thick of Galveston’s seafood restaurants is Mario’s Seawall Italian Restaurant. Offering fun, romance and the tradition of Italy with a Texas-sized seaside view, Mario’s Seawall boasts delicate and delicious pastas, gourmet pizzas and more. An island favorite is the weekday lunch buffet that offers the richness of Mario’s Seawall pasta, pizza, and Texas Gulf seafood. You are also invited to take a vacation every Sunday with the brunch menu featuring chicken & waffles, fish tacos and more! Brunch is served every Sunday from 11am-2pm. 628 Seawall Blvd. www.MariosSeawall.com.


Few restaurants deliver the quality atmosphere and personal attention that Saltwater Grill serves up daily. Home of Galveston Restaurant Group’s original kettle cooking, Saltwater Grill offers an array of seafood dishes, cioppino, bouillabaisse, gumbo and more. There’s a reason Galveston Island has a growing reputation for its impeccable dining and inviting nightlife – and it has everything to do with Saltwater Grill. 2017 Postoffice Street www.SaltwaterGrill.com Gumbo Bar features live-action steam kettle cooking with offerings such as traditional gumbos, seafood stews, and cioppino. With more than 62 refreshing beer varieties and a broad wine list, Gumbo Bar is the place to cheer on your favorite sports team, celebrate a casual night on the town or warm your soul with traditional Gulf of Mexico comfort food. www.gumbobar.com 2107 Postoffice in Galveston • 1615 West FM 646 in League City Nonno Tony’s offers fresh Gulf seafood and Prime steaks with an Italian flair. From live action cooking at the steam kettle bar to specialty pizzas baked in an authentic brick oven, there is no hiding the quality of ingredients. An extensive beer & wine list along with a full bar makes Nonno’s a great spot for all day happy hour and after dinner drinks. It’s the place to be for LIVE music every Wednesday at 5:30pm and Sunday at 4pm. Pier 21, Ste. 100 www.NonnoTonys.com Recently voted “Best Happy Hour,” Sky Bar Steak & Sushi is where East meets West! Guests can enjoy the ultimate dining experience in a sexy, romantic setting that stimulates the senses. Sky Bar’s atmosphere becomes fun and lively later in the evening with a busy bar crowd and upbeat sounds. 2105 Postoffice Street www.SkyBarGalveston.com The Gumbo Diner, is where classic American dining and New Orleans flair meets the beach. Offering southern breakfast staples, chicken & waffles, tasty burgers and the best Texas Gulf fried shrimp on the coast. The Gumbo Diner is a hit among locals and visitors to the island. This soon-to-be Galveston legend is guaranteed to please anyone’s taste buds. 3602 Seawall Blvd. www.TheGumboDiner.com.

Voted “Galveston’s Best Delivered Pizza,” Papa’s prides itself on living up to that reputation. It is not easy to compete against large chains and Papa’s Pizza has taken on that challenge. For 20 years, Papa’s Pizza has thrived in competition with the big chains for a reason. Papa’s also features a Monday Friday lunch buffet from 11am to 3pm. Always fresh and always delicious. 4400 Seawall Blvd. Order online at www.FreeHotPizza.com

Introducing

June 2016 saw the introduction of Taquilo’s Tex-Mex Cantina, Galveston Restaurant Group’s latest concept, where you’ll find authentic Tex-Mex cuisine made with the freshest ingredients. See your dishes made to order at the guacamole and ceviche bar. Pair the chicken, shrimp or certified angus beef fajitas with a specialty margarita in a fun, upbeat atmosphere or relax and enjoy the Postoffice Street vibe on the covered sidewalk patio. 2101 Postoffice Street www.Taquilos.com


TOURISM

Putting Galveston on the Map While Galveston has been a backdrop for many years in the film industry, a couple of recent national TV shows have given Galveston an extra dose of “reality” through their spotlight on local businesses.

Landry’s Inc., Bob Levey, CNBC

National Geographic Channel

‘BILLION DOLLAR BUYER’

‘BIG FISH TEXAS’ — KATIE’S SEAFOOD

This fall, the second season of “Billion Dollar Buyer,” starring Galveston native Tilman Fertitta, will air on CNBC.

“Big Fish Texas” featuring Katie’s Seafood will be airing its second season on the National Geographic Channel. After spending many years as a commercial fisherman, Buddy Guindon envisioned becoming a salesman and marketer in the seafood industry. In 1998, Guindon turned his vision into a reality when he, his wife Katie and his brother Kenny opened Katie’s Seafood Market on Pier 19 in Galveston. Guindon, a founding member of the Shareholder Alliance, has come before congress informing them about the significance of seafood protection. Nearly five years ago, a producer contacted Guindon in hopes of doing a reality show about his family business that aims to protect the sustainability of the seafood business.

Chairman, CEO and sole shareholder of Landry’s Inc., Fertitta oversees more than 500 properties and more than 50 leading restaurant, hotel, and entertainment brands, ranging from high-end properties such as Mastro’s and Morton’s The Steakhouse, to such mainstream destinations as Rainforest Cafe, Bubba Gump Shrimp Co., Saltgrass Steak House, and five Golden Nugget Casinos. With an annual supply spend of $2 billion, Fertitta’s buying power is second to none. Now, he’s personally scouting the country for the most innovative new products America’s entrepreneurs have to offer – everything from food and drink for his restaurants and casinos, to linens and spa products for his hotels.

Project Profiles BRYAN MUSEUM The Bryan Museum, on the heels of its first anniversary, recently added a 2,000-square-foot conservatory on its grounds at 1315 21st St. to be used for weddings and other special events. Additional projects to the property will include a banquet and meeting facility, a pavilion restroom next to the conservatory and the addition of a 20-space parking lot. The museum, successfully renovated by J.P. Bryan, currently houses an extensive collection of documents, artifacts and works of fine art exemplifying the history of Texas and the Southwest. The museum already has logged more than 17,000 visitors. 84

2016 GEDP Developer Profile

In 2015, the reality show “Big Fish Texas” came to life on National Geographic. Viewers from all around began to know what it takes to be a fisherman in the Gulf today.


TOURISM

Project Profiles

SCHLITTERBAHN WATERPARK GALVESTON The newest attraction for Schlitterbahn comes during the 10th anniversary of the waterpark’s debut in Galveston. Dubbed Massiv, this water coaster recently was touted as the tallest water coaster in the world by the Guinness Book of World Records.

CHICK-FIL-A EXPRESS AND DIPPIN’ DOTS Start date: January 2016 Completion date: May 2016 Investment: $1.6 million Jobs: 4 full time, 40 part time Galveston’s first Chick-fil-A opened its doors this year on the seawall, across from the Galveston Island Historic Pleasure Pier. While the 3,600-square-foot Express concept does not carry the complete Chick-fil-A menu, the restaurant has had steady traffic since opening. Dippin’ Dots also shares space in the building.

TREMONT HOTEL The Tremont House, A Wyndham Grand Hotel, is in the planning stages of creating extended stay options – complete with kitchens, living and dining space – available for guests late next year. The hotel is owned by Mitchell Historic Properties (MHP). “With the rise in popularity of short-term rentals, this is an exciting new option for guests who are planning to visit Galveston for longer than a few days and want to stay in the heart of The Historic Strand District,” General Manager Steve Cunningham said. “Plus, guests will enjoy the exceptional service by The Tremont House staff.” Construction is slated to begin early next year.

DTO (DAQUIRI TIME OUT) Located at 2701 Market, DTO, the newest bar concept with Brad Stringer and business partners Ian Ramirez and Robert Hollis, offers cocktails made with fresh juices and housemade spirits.

GYPSY JOYNT RESTAURANT One of the newest restaurants to Galveston comes all the way from Barrington, Mass. Gypsy Joynt, 2711 Market, serves homemade American favorites – such as pizza, burgers, sandwiches and much more – with a twist. The restaurant also has a full-service bakery. 2016 GEDP Developer Profile 85


MOODY GARDENS

Embracing the Environment, Educating the Young and Promoting Growth for Galveston Island Attracting more than 2 million visitors each year, Moody Gardens® is one of the state's top tourist attractions. This 242-acre educational and leisure destination welcomes island visitors who cross the Galveston causeway with its three signature pyramids and world-class attractions.

An estimated 20,000 plants and trees have been carefully planted to reflect seasonal varieties and a veritable rainbow of hues throughout the year and pathways invite the walker and biker to fully embrace this environment. The Rainforest Pyramid® offers a journey through the rainforests of Asia, Africa and the Americas. Guests can explore the mysteries of science with traveling exhibits at the Discovery Museum or experience the action of the MG 3D Theater, 4D Special FX Theater or take a wide and silly ride on the new

86

2016 GEDP Developer Profile

SpongeBob SubPants Adventure attraction. Golf enthusiasts can enjoy the challenge of the Moody Gardens Golf Course. They can also relax aboard the Colonel Paddlewheel Boat or enjoy beautiful white sand beaches and attractions at Palm Beach during the summer. And, whether it's a work or play, the spectacular Moody Gardens Hotel, Spa and Convention Center offers the accommodations and service for an ideal getaway. A multi-phased renovation is underway at the Aquarium Pyramid®. Upon completion in May 2017, Moody Gardens guests can look forward to a fun and awe-inspiring experience wonderfully complemented with conservation messages that underscore the vital importance of the oceans. New exhibits will not only inspire visitor interest and empathy, but also connect visitors to specific ocean habitats. Visitors will travel from the Gulf of Mexico to the South Atlantic, the South Pacific, the North Pacific, and the Caribbean. Each ocean exhibit highlights different marine sanctuaries and different aspects of our relationship to the seas. This $39 million renovation will offer a variety of new exhibits and surprises, including the addition of jellyfish and tropical penguins. t


These fantastic attractions are all part of the vision that is Moody Gardens, a highly ambitious project established by the Moody Foundation in 1982. The Foundation is a philanthropic organization launched by W. L. Moody, Jr. and his wife, Libbie Shearn Moody, in 1942. Today, the facility is one of Galveston's largest employers and provides approximately 800 year-round jobs through the Moody Gardens attractions, hotel, convention center and golf course.

As the mission states: Moody Gardens is a public, nonprofit educational destination utilizing nature in the advancement of rehabilitation, conservation, recreation and research. As a leader in the tourism community, a quality guest experience has always been a primary focus as shown through caliber of amenities and service provided throughout the property. This commitment is demonstrated through the numerous improvements and large-scale projects completed over the years. Recent projects over the past five years include a $25 million enhancement to the Rainforest Pyramid in 2011 that dramatically transformed this already popular attraction to allow guests to experience the Rainforests of the World in a whole new way. In addition to a new entry, a walkway leads visitors through the canopy level to explore the exhibit from anew vantage point to encounter free-roaming Saki Monkeys, Cotton Top Tamarins, macaws and other tropical birds and a wide range of endangered plants and animals. Another $5 million project at Palm Beach in 2011 offered guests a new Kon-Tiki theme with a new lazy river, 18-foot tower Slides and wave pool to compliment the attraction's existing interactive water features. In 2014, visitors were introduced to the world’s first giant-screen 4K 6-Primary Laser Projection System at the MG 3D Theater. Already with the largest screen in Texas and top-of-the-line surround sound system, this state-of-the-art 3D viewing experience gives guests the best viewing experience in

the world. In 2016, Moody Gardens received international recognition with a Thea Award for its new innovative and interactive attraction, SpongeBob SubPants Adventure. This one-of-a-kind interactive experience takes guests on a submarine voyage. Visitors choose their path through the wild and silly deep-sea adventure and have real-time conversations with their captain Patrick Star. The attraction takes visitors from digital to real time through exciting 4D sensory elements which brings the adventure to life through scents, bubbles and bouncing beach balls.

In its third year, another new attraction, ICE LAND: Ice Sculptures A Caribbean Christmas offers guests a holiday experience like no other with a brand new, signature coastal theme. The VYA Ice Carving Team from Harbin, China has returned to take guests on a breathtaking undersea journey made of two million pounds of ice. A towering oil rig ice slide takes visitors to the breathtaking Flower Garden Banks and the Gulf of Mexico to encounter spectacular schools of beautiful tropical fish, turtles, dolphins, sharks and more on the way to their holiday island destination. VIP Experiences offer exclusive behind-the-scenes opportunities to see the artists at work as they create these magnificent, towering ice sculptures and Shivers Ice Bar features ultra-cool holiday spirits. As the only holiday ice exhibition on the Gulf Coast, this vast and amazing display of magnificent ice creations is the ideal complement to the Festival of Lights and other holiday attractions. Festival of Lights offers a mile-long trail with more than 1 million lights and 100 sound-enhanced light displays, plus an outdoor ice rink and live entertainment. This event was created to provide additional holiday activities to attract visitors to Galveston Island throughout November and December. The event continues to grow each year with record attendance as it draws families from throughout the region.

2016 GEDP Developer Profile 87


TOURISM

SPORTS TOURISM Initiatives of GEDP Tourism Task Force, Convention and Visitors Bureau and the City of Galveston Galveston is looking to take advantage of its natural amenities in attracting additional sporting events to the island. Sports such as beach volleyball and soccer; boating, sailing and paddle boarding competitions; triathlons and other running competitions are just a few of the events that have been a natural fit for the island. Other events such a cheer and dance competitions also have grown quite popular in the last few years, as the event organizers are able to offer participants a vacation experience along with their competition. As the city embarks on making improvements to some of its parks and recreational facilities for its residents, coordination efforts are underway to ensure growth in this industry is done through a thoughtful, collaborative approach.

Project Profiles

FORT CROCKETT BASEBALL COMPLEX Renovations of the baseball complex include the relocation of the existing park to accommodate the reconfiguration of current two fields and addition of a third baseball field. Amenities also will include a walking path around the complex.

GALVESTON COMMUNITY POOL AT LASKER PARK Construction began in August 2016 on Galveston’s first Community pool at Lasker Park on 43rd Street near the Ball High School campus. When complete, the pool will include a splash pad and shallow pool with slide and a separate regulation eight-lane lap pool.

SANDHILL CRANE SOCCER COMPLEX Future renovations will take place at the Sandhill Crane soccer complex. Restructuring of the fields along with additional lighting and more restrooms.

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2016 GEDP Developer Profile

Funding for the pool came from IDC funds, local community donations, a Texas Parks and Wildlife Department (TPWD) Outdoor Grant and grants from local philanthropic entities.


GALVESTON ECONOMIC DEVELOPMENT PARTNERSHIP

GEDP PLAN OF ACTION

T

Membership in the GEDP is a way to be involved in the future of Galveston. Choose to be a leader and join today!

he Galveston Economic Development Partnership (GEDP) initiated a new Action Plan under the leadership of Dr. David Callender (GEDP Chairman of the Board, 2013 -2014) in an effort to prioritize and focus the energy and resources of the GEDP. Meaningful progress has occurred throughout all of the projects identified within this plan. Progress of these activities has been possible with a number of key stakeholders and partners within Galveston and Galveston County. Mr. Fred Raschke was elected as the 2015-2016 Chairman of the Board and since his inauguration he has provided the leadership for reshaping the organizational structure of the Task Forces and Plan of Work for moving the GEDP forward in recognizing our goals. All objectives and strategies of this action plan are intended to achieve outcomes that are consistent with the mission and vision of the GEDP – to support business and community by increasing the employment and tax bases in Galveston.

GEDP STAFF READY TO ASSIST YOU Jeffrey Sjostrom ......President Michele Hay ..........Director of Communications Terry Longoria ........Office Manager Ally Woolsey .........Marketing Assistant

GEDP TASK FORCE’S MARITIME Chairs: Keith Palmer – John Kelso • Port Developments –(Storm Surge Suppression) • Business Attraction, Retention, Diversification • Pelican Island Bridge(s) & Transportation

EDUCATION, HEALTHCARE AND EMERGING TECHNOLOGY Chairs: Cheryl Sadro – Myles Shelton • Workforce Development • Technology Transfer & Commercialization • Strand Redevelopment

TOURISM Chair: Johnny Smecca • Workforce Development • Corridor Development • Attraction Development

BUSINESS DEVELOPMENT Chair: Keith Bassett • Strategic Investment Areas • Quality of Life/Community Development • Business Attraction, Retention, Diversification & Expansion

For more information on joining a task force visit our website: www.gedp.org

2016 GEDP Developer Profile 89


ECONOMIC DEVELOPMENT INCENTIVES Through collaborations with the City of Galveston, the economic development landscape has been enhanced through the addition of new tools for consideration in the development of quality projects within Galveston Island. During the past year the City of Galveston has initiated the implementation of public incentive programs focused on primary job creation, tax base expansion and alignment with the priorities established by the Galveston City Council.

TOOLBOX STRATEGIC INVESTMENT AREAS

STRAND REDEVELOPMENT AREA

[ TOOLS AVAILABLE OR IN DEVELOPMENT... ] Would include the addition of a new public policy utilizing development agreements structured in compliance with Chapter 380 of the Texas Local Government Code. This program allows the City of Galveston the opportunity of partnering with strategic investment projects andallocating reimbursements of taxes paid after a project has been completed in compliance with a development agreement structured at the beginning of a project.

PELICAN ISLAND BRIDGE

[ OTHER TOOLS.. ] Recently employed include Foreign Trade Zones, Public Improvement Districts and participation by the City's Industrial Development Corporation which oversees usage of the City's 1/2 cent sales tax for Economic Development. The City is also engaged in the process of developing a Land Bank envisioned to assist in the assemblage and acquisition of targeted properties for use in adaptive and compatible infill redevelopment.

GATEWAY - INCINERATOR AREA

These tools and many others can be considered through contacting staff at the GEDP. FALSTAFF CORRIDOR

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2016 GEDP Developer Profile


GALVESTON ECONOMIC DEVELOPMENT PARTNERSHIP

MEMBERSHIP GET INVOLVED IN GALVESTON’S FUTURE M

embership to the Galveston Economic Development Partnership is open to anyone interested in being a part of the dynamic and ever-changing economic base of Galveston. GEDP Members network and engage in business development opportunities across Galveston, Galveston County and beyond. Task Forces, roundtables and interaction with other area business leaders shape the opportunity base of the Galveston Economic Development Partnership. The GEDP has established a proven-track record in developing and facilitating ideas, projects and initiatives beneficial to the greater Galveston region during these past 17 years. We invite you to become a partof this nationally recognized economic development effort.

C hairing

the Galveston Economic Development Partnership includes a list of dedicated leaders. Since it’s inception in 1999 the following is a list of past chairs:

Jimmy Rasmussen .......................1990-2001 Harris L. “Shrub” Kempner............2002-2003 Jayson Levy .................................2004-2005 John Stobo, MD............................2006-2007 Richard Ferdinandsten.................2008-2009 Johnny A. Smecca........................2010-2012 David L. Callender, MD.................2013-2014 Fred D. Raschke............................2015-2016

GEDP SERVICES • Information Clearinghouse • Project Evaluation and Facilitation • Permitting and Regulatory Assistance Available • Property and Facility Services Project Development and Project Structuring • Economic Climate and Investment Information • Comprehensive Geographic Information System (GIS) • Evaluation of Economic Development Tools and Resources • Prospect Development, Due Diligence, Siting and Incentive/Financing Evaluations BENEFITS • Supporting Development Efforts that grow economic base and jobs in Galveston and surrounding areas • Business Development Opportunities through Participation and Networking with Area Business and Civic Leaders • Involvement in a proven Organization with a Commitment to Galveston’s Economic Future • GEDP Staff Involvement with Corporate and/or Client Development Activities • GEDP Staff Personalized Assistance with the GEDP Information Clearinghouse, Project Development Assistance, and related services For more information or to download the membership application, please visit our website

www.gedp.org

2016 GEDP Developer Profile 91



GALVESTON ECONOMIC DEVELOPMENT PARTNERSHIP

Developer Profile Sponsor Gratitude & Advertiser Index The GEDP would like to express our sincere appreciation to the 2016 Developer Profile Sponsors. We would simply not be able to provide this very useful publication without your support and participation. SPONSOR / ADVERTISER NAME

WEBSITE ADDRESS

PAGE NUMBER

Joe Tramonte Realty

www.tramonterealty.com

Inside front cover, 68

Galveston County

www.galvestoncountytx.gov

3-19

Centerpoint Energy

www.centerpointenergy.com

13

Hitchcock IDC

www.hitchcockidc.com

16

League City EDC and Chamber Of Commerce

www.leaguecityedc.com www.leaguecitychamber.com

19

Scholes International Airport

www.galvestonairport.com

20

City of Galveston

www.galvestontx.gov

22, 23

Port of Galveston

www.portofgalveston.com

28, 36

GB Tech

www.gbtech.com

30, 31

Shelmark Engineering

www.shelmark.net

32

The Goodman Corporation

www.thegoodmancorp.com

34

Elliott Electric Supply

www.elliottelectric.com

38

Coastal Solutions Inc.

www.coastalsolution.com

40

Express Employment Professionals

www.expresspros.com

40

Classic Auto Group Galveston

www.classicgalveston.com

42

Galveston College

www.gc.edu

46

Texas A&M Univeristy – Galveston

www.tamug.edu

48

Mitchell Historic Properties

www.mitchellhistoricproperties.com

54

University of Texas Medical Branch – Galveston

www.utmb.edu

56-59

Moody National Bank

www.moodybank.com

60

Galveston Regional Chamber Of Commerce

www.galvestonchamber.com

62

ITEX Group

www.itexgrp.com

63

Stewart Title

www.stewart.com

64

Bassett Family Interests

65

Hometown Bank

www.htbna.com

66, 67

Sherwin Williams

www.sherwin-williams.com

70, 71

Sand ’N Sea Properties

www.sandnsea.com

75

Kahala Development

www.beachsidevillage.com

76

The House Company

www.thehousecompany.com

77

Galveston Island Park Board

www.galvestonparkboard.org

78

Galveston Restaurant Group

www.galvestonrestaurantgroup.com

82, 83

Moody Gardens

www.moodygardens.com

86, 87

Galveston Economic Development Partnership

www.gedp.org

89-91

Kirby Advertising

www.kirbyadvertising.com

92

DLJ Studios

www.dljstudios.com

92

The Galveston County Daily News

www.galvnews.com

Inside back cover

The GEDP would like to especially thank Kirby Advertising, DLJ Studios, Robert Mihovil, The Galveston County Daily News, Galveston Park Board and CVB and Sheila Lidstone, Stephen Campbell and the entire UTMB Team for their participation and collaboration on the Developer Profile project.

2016 GEDP Developer Profile 93


GEDP MEMBERSHIP DIRECTORY American National Insurance Co Jim Pozzi www.anico.com

City of Galveston Mayor Jim Yarbrough www.cityofgalveston.org

Galveston Association of Realtors Lesley Sommer www.TheGalvestonMLS.com

Bassett Family Interests Keith Bassett

Classic Auto Group Galveston Howie Bentley www.classicautogroupgalveston.com

Galveston College Myles Shelton www.gc.edu

Coastal Solutions, Inc. Marie Robb www.coastalsolution.com

Galveston County Bix Rathburn www.galvestoncountytx.gov

Bay-Houston Towing Co. Leo Mencacci, III www.bayhouston.com

Commercial Metals Cesar Cienfuegos www.cmc.com

Galveston County Navigation District No. 1 Dennis Byrd

Bayou Properties Realty John Braun www.bprhouston.com

Creative Photography Manny Chan www.mannychan.com

Galveston Historical Foundation Dwayne Jones www.galvestonhistory.org

Bayside at Waterman’s Todd Edwards www.baysideatwatermans.com

DLJ Studios, Inc. Darrell John www.dljstudios.com

Galveston Housing Finance Corporation Patricia Bolton-Legg

Beachtown Galveston Corporation Tofigh Shirazi www.beachtowngalveston.com

DSW Homes Steven Mataro www.dswhomes.com

Galveston Independent School District Kelli Moulton www.gisd.org

Bay Area Houston Economic Partnership Bob Mitchell www.bayareahouston.com

Best Western Galveston Willis Gandhi www.bestwestern.com Brassieur, Schraufnagel & Associaties, Merrill Lynch Wealth Management Mason Schraufnagel www.ml.com CACI International, Inc. Keith Palmer www.caci.com CenterPoint Energy Keith Gray www.centerpointenergy.com CenterPoint Energy-Economic Development Division Gwen Wagner www.centerpointenergy.com

Elliott Electric Supply Ricky Butts www.elliottelectric.com Express Employment Professionals Mark Conrad www.expresspros.com Farmer’s Alloy Fabricators Jason Farmer www.farmersalloy.com Frost National Bank Stephen Maxwell www.frostbank.com G & H Towing Stephen Huffman www.gandhtowing.com GalTex Pilots Service Corp. Capt. Wally Hogan www.galvestonpilots.com

Galveston Insurance Associates Garry Kaufman www.gia-tx.com Galveston Island Park Board of Trustees Kelly de Schaun www.galvestonparkboard.org Galveston Regional Chamber of Commerce Gina Spagnola www.galvestonchamber.com Galveston Restaurant Group Johnny Smecca

www.galvestonrestaurantgroup.com

Galveston Yacht Basin Rocky Sullivan www.galvestonyachtbasin.com


GEDP MEMBERSHIP DIRECTORY GB Tech, Inc. Gale E. Burkett www.gbtech.com

Joe Tramonte Realty, Inc. V. J. Tramonte www.tramonterealty.com

Mihovil Photography Robert J. Mihovil www.mihovil.com

Gulf Copper Drydock & Rig Repair Leonard Hale www.gulfcopper.com

John Manlove Marketing & Communications John Manlove www.johnmanlove.com

Mills, Shirley, LLP Fred D. Raschke www.millsshirley.com

Ham, Langston & Brezina LLP Pam Watson www.hlb-cpa.com

Kahala Development Debbie Reinhart www.beachsidevillage.com

Home Life Builders John Paul Listowski www.homelifebuilders.net

Kempner Capital Management Harris L. Kempner, Jr. www.kempnercapital.com

Hometown Bank of Galveston Jimmy Rasmussen www.htbna.com

Kirby Advertising Debbie Kirby www.kirbyadvertising.com

Moody Gardens Hotel, Spa & Convention Center Garvin O’Neil www.moodygardenshotel.com

Hotel Galvez Steve Cunningham www.wyndham.com

Knudson LP Patti Joiner www.knudsonlp.com

Moody National Bank Victor Pierson www.moodybank.com

Ibis Engineering Janet Hoffman www.ibisengineers.com

Legacy Port Partners, LLC John Collins www.legacyportpartners.com

Industrial Material Corp. Jayson Levy www.industrialmaterial.com

Leimer Brothers, Inc. Michael F. Leimer

Nick’s Kitchen/ Gaido’s Seafood Restaurant Nick Gaido nicksgalveston.com

Island Famous Dennis Byrd, Jr. www.islandfamous.com ITEX Group Chris Akbari www.itexgrp.com J. W. Kelso Company, Inc. John W. Kelso

M. J. Naschke Public Relations Mary Jo Naschke Malin International Ship Repair & Drydock, Inc. Michael Leahy www.malinshiprepair.com Marketing Image Gabriel Torre

Jamaica Beach Enterprises Debbie Kubeczka

Martin Midstream Partners, L.P. Damon King www.martinmidstream.com

JMK5 Holdings Galveston Jerome Karam www.jeromekaram.com

McFatridge & Associates. P.C. Keith McFatridge, Jr. www.mbslawyer.com

Minuteman Printing Gail Underhill www.minutemanprinting.com Mitchell Historic Properties Joe Rozier

www.mitchellhistoricproperties.com

PBK Architects Roy Montalbano www.pbk.com Pelican Island Storage Terminal Leroy Kendrick Petroleum Helicopters Inc. Jim Campbell www.phihelico.com Port of Galveston Michael Mierzwa www.portofgalveston.com Quiroga & Associates Roger Quiroga RE/MAX Leading Edge Kelly Kelley www.kellykelley.com


GEDP MEMBERSHIP DIRECTORY Stewart Title David J. Norris www.stewartgalveston.com

The Mixon Law Firm PLLC Scott Mixon www.themixonlawfirm.com

Sullivan Interests Todd Sullivan www.eviagalveston.com

The Spot Restaurant & Tiki Bar Dennis Byrd, Jr. www.islandfamous.com

Sand ‘N Sea Properties, LLC Claire Reiswerg www.sandnsea.com

Sullivan Land & Cattle Company John L. Sullivan www.sullivancompaniestx.com

The Tremont House Hotel Steve Cunningham www.wyndham.com

Scholes International Airport at Galveston Michael Shahan www.galvestonairport.com

Texas A&M University at Galveston General Bill McClain www.tamug.edu

Tolunay-Wong Engineers, Inc Philip Grice www.tweinc.com

Sealy & Smith Foundation Doug Rogers www.sealy-smith-foundation.org

Texas First Bank Sean Doyle www.texasfirstbank.com

University of Texas Medical Branch - Galveston David L. Callender. M.D. www.utmb.edu

Shearn Moody Plaza Corp. Kevin Harrington

Texas Gas Service Trace Hammond www.texasgasservice.com

W. Bradshaw Boney Group Brad Boney www.wbboney.com

The Galveston County Daily News Leonard Woolsey www.galvnews.com

West Gulf Marine Keith Fiegel www.tpmarine.us

Rider & Wilson Bill Rider Royston Rayzor Vickery & Williams LLP William Glenn www.rayzorlaw.com

Shelmark Engineering Marcus Michna www.shelmark.net Sherwin-Williams Co. Billy Joe Strawn www.sherwin-williams.com Speedy’s Printing Leon Kaplan www.speedysprinting.com Stephen G. Schulz, P.C. Stephen G. Schulz www.greerherz.com

The Goodman Corporation Barry Goodman www.thegoodmancorp.com The Grand 1894 Opera House Maureen Patton www.thegrand.com The House Company Carolyn Clyburn www.thehousecompany.com

William McFarland William “Bill” McFarland Workforce Solutions www.wrksolutions.com Zero/Six Consulting, LLC Bill Coltzer, Jr. AIA www.z6consulting.com

When considering or exploring a project in Galveston, please consider the GEDP and the businesses listed in this directory as your first point of contact. Whether it be for information specific to our coastal community or for business-to-business networking and development, these businesses have a proven commitment and interest in improving and enhancing the overall economic climate of Galveston and Galveston County.


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