2019 GEDP Developer Profile

WELCOME T

he Galveston Economic Development Partnership (GEDP) is pleased to present this 2019 Developer Profile for your review. This profile was developed to highlight the economic climate of Galveston and Galveston County.

This year marks a tremendous achievement for the GEDP – 20 years of service to the Galveston community.

It was back in 1998 that the City of Galveston and the Galveston Chamber embarked on creating a professional and credible economic development effort for Galveston. Jimmy Rasmussen became the founding Chairman of the GEDP and in concert with many local business and civic leaders, the GEDP opened our doors in May of 1999.

Jeffrey Sjostrom was hired as our founding President and our collaborations within Galveston, throughout Galveston County and extending to our region, our state and across the Country – the GEDP began.

VINCENT (VJ) TRAMONTE 2019 – 2020 GEDP Chairman of the Board

… The GEDP is thankful for all who have worked with our organization in efforts to develop a better Galveston.

Over the years the GEDP has quietly gone about executing our mission of expanding Galveston’s employment and tax bases. In reflection, the GEDP has created an atmosphere of leveraging resources and forming collaborations – lead greatly by our members and those who have served as leaders within the GEDP Executive Committee.

The GEDP has existed on three different levels since our formation. First as a close partner in working with the City to address long-standing issues affecting Galveston’s community and economic quality of life. Second, the GEDP worked tirelessly in developing, assessing and implementing disaster recovery resources and strategies following Hurricane Ike. Today, the GEDP has adapted to forging a new awareness being created through emerging technology, entrepreneurship and innovation.

The common bond over these past 20 years is illustrated best through collaboration and partnerships. The GEDP is thankful for all who have worked with our organization in efforts to develop a better Galveston.

Please take time to review this year’s Developer Profile. The GEDP stands ready to assist any who may have an interest in becoming a part of this dynamic community and region.

V.J. Tramonte is the Broker - Owner of Joe Tramonte Realty. Founded in 1968, Joe Tramonte Realty has developed a solid reputation of outstanding, competent service at its highest level. Mr. Tramonte is active in numerous civic and industry boards and committees.

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CONTENTS 04 / GEDP OVERVIEW 14 / CITY OF GALVESTON ECONOMIC PROFILE 20 / GALVESTON INDUSTRY SECTORS 20 / REAL ESTATE 24 / MARITIME & LOGISTICS 30 / TOURISM & HOSPITALITY 38 / EDUCATION & HEALTHCARE 50 / EMERGING TECHNOLOGY 60 / GALVESTON COUNTY ECONOMIC PROFILE 64 / ECONOMIC PROFILES: CITIES WITHIN GALVESTON COUNTY 74 / GAME CHANGERS 76 / PROJECT PROFILES 86 / GEDP MEMBER DIRECTORY 88 / ADVERTISERS INDEX & ACKNOWLEDGMENTS

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

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

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.

ON THE COVER: Designed by Debbie Kirby of Kirby Advertising, this year’s cover is a representation of emerging technology emanating out of Galveston and occurring throughout Galveston County. With a history steeped in innovation and entrepreneurship, this cover was designed to signify the opportunities of continued innovation and commercialization of ideas “breaking through” from Galveston and along the Innovation Interstate of Galveston County.

The GEDP makes 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.

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GEDP Overview

GALVESTON : STRATEGIC AREAS OF CONCENTRATION MARITIME Port Masterplan Pelican Island Bridge Pelican Island land development Transportation – Mobility Navigation Districts

EMERGING TECHNOLOGY Capital – Space – Talent Customs House Incubator Innovation Interstate (i2) Commercialization Regional Resource Providers Professional Service Providers

RESILIENCE – DISASTER PREPAREDNESS/ RECOVERY – BUSINESS CONTINUITY Texas Coastal Study Business Recovery Business Continuity Allies/Resource Providers

Infrastructure Investment

TOURISM Cruise Ship Development Economic Climate Beach Nourishment Sports Tourism

ECONOMIC DEVELOPMENT TOOLS Economic Development Incentives Opportunity Zones State and Federal Partners Available Buildings

Transportation Workforce / Housing

EDUCATION AND HEALTHCARE Continued Growth in students, facilities & programs Diversity

Vision Galveston

Workforce Development (UTMB/TAMUG/GISD/Galveston College)

» Environment

College Town Student Housing

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PLANNING FORWARD City Economic Development Plan and Implementation Strategy

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

» Education » Infill Redevelopment » Innovation and Entrepreneurship

From the GEDP President

CHANGE IS IN THE AIR ...

Welcome to this year’s edition of the GEDP Developer Profile. Now in our 8th year of production, this effort attempts to synthesize the economic climates of Galveston and Galveston County.

Economic development is most often described as a marathon – not a sprint. This is done for good reason. As evidenced by projects that are currently in development across our economic landscape, most projects take significant commitments of time, energy and perseverance to see their way through to completion. For our area, examples of these would include: the replacement of the Pelican Island Bridge; creation of a regional Storm Surge Suppression solution; improved Transportation Mobility; development of Sports Tourism; Emerging Technology and Commercialization; redevelopment of our Port; Infill Redevelopment; and, more.

JEFFREY SJOSTROM GEDP President

… As you review this edition of the GEDP Developer Profile, my hope is that you too will gain a sense of energy and excitement that lay ahead for our great City and region.

Master plans are in development for our Port, Park Board, Vision Galveston, School District and many others. In addition, our region is blessed by the presence of the University of Texas Medical Branch at Galveston, Texas A&M University at Galveston, and Galveston College. These institutions continue implementing strategic components of their Long Range plans to the benefit of Galveston, Galveston County and beyond.

The private sector remains a key component of our long-term sustainability. Entities from our largest corporations to our diversified mix of commercial and retail stakeholders all contribute to the positive economic outlook for our area.

From our vantage point, there is a comprehensive sense of positive activities that will benefit our community into the future. As you review this edition of the GEDP Developer Profile, my hope is that you too will gain a sense of the energy and excitement that lay ahead for our great City and region.

To learn more about Galveston and the opportunities that are developing, please reach out to your Galveston Economic Development Partnership for additional information.

The work of the GEDP would not be possible without the support of our Members, Executive Committee, Task Force Chairs, Allies, or great staff.

MICHELE HAY GEDP Vice President

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GEDP Overview

SERVICES OF THE GEDP

LEVERAGING ASSETS, RESOURCES AND LEADERSHIP The GEDP has established a professional track record of collaboration and leveraging people, projects and opportunities for more than 20 years. The strength of the GEDP is the direct result of the caliber of members and the leadership of the Executive Committee who volunteer in the effort of growing Galveston. These attributes have resulted in recognition over the years from both the Texas Economic Development Council and the International Economic Development Council.

RESOURCES FOR BUSINESS AND COMMUNITY DEVELOPMENT » Information Clearinghouse of demographic, socioeconomic, available properties, strategic investment areas, available incentives, and an overall awareness for the economic climate of Galveston Island.

THE CORE VALUES ESTABLISHED THE DAY THE GEDP WAS ORGANIZED, REMAIN TRUE TO TODAY ... » Expand Employment Opportunities and Tax Base » Economic Impact of Supported Activities » Task Force Continuation » Comprehensive Economic Database Foundation » One-Stop Shop Delivery System » Proactive Business Climate » Realistic Incentive Base for Stimulating Private Sector Investment » Middle-income and Housing Expansion » Business Continuity and Disaster Preparedness initiatives » Quantified Labor Pool for Workforce » Strategic Alliances with Local and Regional Entities

» Site Selection Tools and Resources including real estate, utilities, incentives, workforce data, planning, project structuring and finance, regulatory and other services to aid in the project development/ implementation phases of generating new wealth. » Comprehensive database of specialized tools/software for project development purposes including GIS and associated software, proprietary data utilizing customized data bases for local and regional assessments/comparisons and others.

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

GEDP Overview

GEDP LEADERSHIP OFFICERS V.J. TRAMONTE Chair

KEITH BASSETT Vice Chair

JOHN KELSO Secretary

WILLIAM RIDER Treasurer

VIC PIERSON Past Chair

EXECUTIVE COMMITTEE HOWIE BENTLEY Classic Auto Group Galveston

LEONARD HALE Gulf Copper

JIMMY RASMUSSEN Hometown Bank

GALE BURKETT GB Tech

SHRUB KEMPNER Kempner Capital Management

MARIE ROBB Coastal Solutions

CHAD CARSON CenterPoint Energy

KEITH PALMER TelaForce LLC

TERRILYN TARLTON SHANNON Insurance Junction

BILL COLTZER Zero/Six Consulting, LLC

MAUREEN PATTON The Grand 1894 Opera House

JOHNNY SMECCA Galveston Restaurant Group

KELLY DE SCHAUN Galveston Island Park Board

JIM POZZI American National Insurance Company

TODD SULLIVAN Sullivan Interests

THERESA ELLIOTT Casa Del Mar

FRED RASCHKE Mills Shirley LLP

LEONARD WOOLSEY The Galveston County Daily News

JASON FARMER Farmer’s Alloy

EX OFFICIO MEMBERS MICHAEL FOSSUM President, Texas A&M University at Galveston

BEN RAIMER Interim President, University of Texas Medical Branch – Galveston

KELLI MOULTON Superintendent, Galveston ISD

JIM YARBOUGH Mayor, City of Galveston

CHERYL SADRO University of Texas Medical Branch – Galveston

BRIAN MAXWELL City Manager, City of Galveston

BILL MCCLAIN Texas A&M University at Galveston RODGER REES Director, Port of Galveston GINA SPAGNOLA President, Galveston Regional Chamber of Commerce

MYLES SHELTON President, Galveston College

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INFORMATION CLEARINGHOUSE Site Selectors for location, expansion and diversification have continually become more sophisticated over time. Twenty years ago it was common for economic development organizations to compile and produce volumes of data that ranged from available properties to utilities, incentives, workforce data, socio economic information, economic climate data and many, many other attributes. Today most information is readily available through software programs and internet access to resource agencies from the local, regional, state, and federal levels.

The GEDP has compiled and maintains a wide array of information for these purposes. Through the years this information has created a one-stop shop for data related to Galveston and our surrounding area. As much as this information is utilized for business development purposes, this information has also been accessed for community development initiatives that have occurred throughout our City.

As we have found, the data itself is but one element in the decision-making process. Value is added with qualifying information and assessments that, when merged, creates a compelling representation of how the Galveston economy ebbs and flows over time.

Examples of the diversity of data that is available for telling the Galveston “story” – is presented on these two pages for your review.

» Residents: 53,956

GALVESTON’S DAYTIME POPULATION IS OVER 100,000.

» Commuters: 21,255 » College Students: 8,123 » Visitors: 19,726 (estimated based on 7.2 million annual visitors)

GALVESTON IS A COLLEGE TOWN WITH OVER 8,100 STUDENTS.

» Second Homeowners

GALVESTON EMPLOYS OVER 38,000 WORKERS FROM ALL OVER THE STATE OF TEXAS AND SEVERAL OTHER STATES.

GALVESTON’S COST OF LIVING INDEX 95.4 IS SLIGHTLY LOWER THAN THE U.S., YET SLIGHTLY ABOVE THE STATE OF TEXAS (93.9)

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

 TOP 10 CITIES: HOTEL OCCUPANCY TAX COLLECTIONS CITY

TAXABLE RECEIPTS

Galveston

APPROXIMATELY 20 EMERGING TECHNOLOGY COMPANIES IN GALVESTON ...

OVER 50 WITHIN GALVESTON COUNTY

$208,027,598.36

Crystal Beach

$11,602,623.12

Texas City

$10,863,380.61

League city

$9,354,147.38

Kemah

$8,447,333.95

Jamaica Beach

$2,705,203.82

La Marque

$1,687,279.12

Bacliff

$749,890.20

Gilchrist

$673,257.06

Dickinson

$577,394.17

GALVESTON REPRESENTS OVER 81% OF ALL HOTEL OCCUPANCY TAX COLLECTIONS THROUGHOUT GALVESTON COUNTY.

 TOTAL WORKERS IN GALVESTON

44.3%

55.7%

GALVESTON RESIDENTS

COMMUTERS

LARGEST PERCENT OF COMMUTERS COME FROM THESE CITIES

LEAGUE CITY 18% TEXAS CITY 18% DICKINSON 11% LA MARQUE 8% SANTA FE 5% HITCHCOCK 4% FRIENDSWOOD 3% PEARLAND 2%

OF THE 38,154 TOTAL WORKERS IN GALVESTON, 16,899 OR 44.3% ARE HELD BY GALVESTON RESIDENTS. THE OTHER 55.7% OF WORKERS – 21,255 – ARE COMMUTING TO GALVESTON.

BACLIFF 2% ALVIN 1% KEMAH/CLEAR LAKE SHORES 1% OTHER COMMUNITIES 27%

Source: CHMURA, Jobseq

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E C O N O M I C

DEVELOPMENT AN ISLAND OF IDEAS

WWW.GALVESTONTX.GOV/ECONOMICDEVELOPMENT

Garrett C. McLeod | 409-797-3695 | gmcleod@galvestontx.gov Rick Beverlin | 409-797-3914 | rbeverlin@galvestontx.gov

Galveston Island a top tourist destination with A& workforce. hasIsland served throughout ourremains past.

We have priorBranch,including Texas been an integralGalveston part ofthe commerce in Texas, ever-growing annual visitation numbers, itized investment in our critical infrastructure, part of to commerce Texas, ever-growing annual visitation numbers, whichthehelps itizedin investment in our and critical infrastructure, including remain leaders ntinues strengthen its position within thewater support numerous businesses.

We ai roads infrastructure, tolocal enhance quality gthen its position within the support numerous local businesses.

We continuing A message from the mayor and water infrastructure, enhance the quality veston ISD is cu to see the and investment economy and roads the greater Gulf of lifeCoast. for our to citizens anddiversification visitors on are Galveston Island. to The see and the diversification into this vital greater Gulf Coast. determine the lo of life for ourpromoting citizens visitors on Galveston Island. sector ofand ourinvestment local economy. onthe has remained proactive in a busiPort of Galveston continues to experience steady ofcontinues our economy. proactive in promoting a busiwhichfor willahave also Thecontinuing Port of Galveston to experience steady Our higher education a ndly culture while tosector support ourlocal growth with the cruise industry, with campuses plans thirdbe higher education campuses have allIUniversity experience eeconomic continuing to and support our theOur am honored growth cruise industry, with third growth in for enrollment. of to Te base vitalwith businesses that have MEET OUR COUNCIL MEMBERS Cruise Terminal.

Theplans Port hasaalso prioritized reinvestgrowth in enrollment.

University ofGalveston, Texas and vital businesses that have look forward to Cruise Terminal.

The Port has also prioritized Branch, Texas A&M and Galve he Island throughout our past. We have priorment in its infrastructure in reinvestpreparation forMedical future Branch,including Texas A&M Galveston, and College hout our past.

Wecritical haveininfrastructure, priorment its infrastructure in preparation for future remain leaders in Galveston their respective classif vestment in our remain their respective classifications.

Gal-its m critical infrastructure, including ISD is currently developing nd water infrastructure, to enhance the leaders quality investon veston ISD is currently developing master planneeds to o ucture, to enhance the quality determine the longitsterm facilities or our citizens and visitors on Galveston Island. determine the long termwill facilities of the district, dt visitors on Galveston Island. which also beneeds finalized in late 2019. of Galveston continues to experience steady he City of Galveston is an exceptional place to live, and M Ea Ethird T be OI U CinOlate UtoN C I LasM M B EofRG which will also finalized 2019. ontinues experience steady I am honored to call this community home.

It’s been amRhonored serve theEMayor with thetocruise industry, with myplans for 180 years since ourE founding, we Mfor Tandprioritized Ostrive UtoRmaintain C O U N serve C I Lforward EM B EofRGalveston S honored asMthe Mayor and ndustry, plans aEthe third erminal. with The Port also reinvest-to look to future successes. our rich history whilehas continuing momentumIforam a prosperous JAMES D. YARBROUGH future for our residents, students and workforce. Galveston Mayor of Galveston t its hasinfrastructure also prioritized reinvestlook forward to future successes. preparation for and future has always been anin integral part of commerce in Texas, continues to strengthen its position within the state’s economy in preparation for future and the greater Gulf Coast. Galveston has remained proactive

T

in promoting a business-friendly culture while continuing to support our existing economic base and vital businesses that have served the Island throughout our past. We have prioritized investment in our critical infrastructure, including roads and water infrastructure, to enhance the quality of life for our citizens and visitors on Galveston Island.

ET OUR COUNCIL MEMBERS OUNC I L hasM E been M anB E RThe SPort of Galveston Galveston always continues to integral part of commerce in Texas, and continues to strengthen its position within the state’s economy and the greater Gulf Coast.

AMY BLY CityAMY CouncilBLY District 1 City Council-District 1

experience steady growth with the cruise industry, with plans for a third Cruise Terminal.

The Port has also prioritized reinvestment in its infrastructure in preparation JAMES D. YARBROUGH for future investment and further growth. They are currently Mayor of Galveston YARBROUGH finalizing their Strategic Master Plan whichJAMES is set forD. release in Mayor of Galveston late 2019. This Master Plan will create a vision and direction that will guide the Port of Galveston over the next 40 years.

AMY BLY CRAIG BROWN Galveston Island remains a top tourist destination with everDAVID COLLINS City Council-District 1 City Council-District 2 growing annual visitation numbers, which helps support AMY BLY CRAIG BROWN DAVID COLLINS City Council District 3 numerous local businesses. to see the City Council-District 1 We are continuing City Council-District 2 JASON HARDCASTLE City Council-District 3 diversification and investment into this vital sector of our local City Council-District 4 economy.

AMY BLY CRAIG BROWN City Council-District 1 CRAIG BROWN City Council District 2 City Council-District 2

DAVID COLLINS JASON HARDCASTLE3 City Council-District JASON HARDCASTLE City Council District 4 CityJOHN Council-District 4 PAUL LISTOWSKI City Council-District 5

Our higher education campuses have all experience growth in enrollment. University of Texas Medical Branch, Texas A&M JAMES D. YARBROUGH Galveston, and Galveston College remain leaders in their Mayor of Galveston respective classifications.

Galveston ISD is currently developing UGH its master plan to determine the long term facilities needs of the on district, which will also be finalized in late 2019.

I am honored to serve as the Mayor of Galveston and look forward to future successes. JASON HARDCASTLE JOHNLISTOWSKI PAUL LISTOWSKI JOHN PAUL City Council District City Council-District 4 City Council-District 5 5 JAMESHARDCASTLE D. YARBROUGH JASON JOHN PAUL LISTOWSKI JACKIE COLE Mayor of Galveston City Council-District 4 City Council-District 5 City Council-District 6

JACKIECOLE COLE JACKIE Council District 6 6 CityCity Council-District

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C City

C

JOH City

Galveston Economic climate

GALVESTON, TEXAS IS AN AMAZING COMMUNITY Steeped in history, while building on its foundation of innovation and entrepreneurship – Galveston continues to grow, diversify and expand its’ importance to the region and its value as a place to call home.

ROBERT MIHOVIL

Galveston’s economic base is primarily fueled through maritime; tourism; education, healthcare and emerging technology sectors.

Galveston is prominent as a deep water port beaming with potential, an ever expanding coastal tourism destination and the home of world class education, research and healthcare advances.

GALVESTON IS THE EMPLOYMENT CENTER OF GALVESTON COUNTY Each of Galveston’s industry sectors have established excellence within their respective areas. Investor confidence in Galveston is supported through a proactive City that is investing in infrastructure, neighborhoods and parks. Educational institutions are growing (programs, student populations and facilities) and the critical mass for greater opportunities in emerging technology sector exist locally and regionally for life sciences, maritime, petrochemical, aerospace/aviation, sports tourism, resilience, environmental and more.

The maritime industry is positioned geographically, logistically and strategically for future expansion and diversification.

Tourism related investments in beach nourishment, cruise terminal expansions, and a robust private sector in the restaurant, hospitality, convention and tourism attraction markets continue leading the region.

Combining this with our location in close proximity to the 4th largest City in the Country – Houston, the Gulf of Mexico, NASA – Johnson Space Center, and so much more – Galveston is poised to continue moving forward in a meaningful way.

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

GALVESTON’S WORKFORCE Galveston Island continues to represent the job center of Galveston County. With almost 40,000 jobs and a daytime population of over 100,000 people, Galveston maintains a healthy balance of commuter employees employed in various aspects of Galveston’s economy. Current estimates indicate an unemployment rate of 7.3 percent for 2019.

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-Galveston (TAMUG) have completed extensive project expansions in their facilities.

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 for both the fastest growing industries and those industries adding the most jobs.

 MAJOR EMPLOYERS – GALVESTON PUBLIC SECTOR COMPANIES

PRIVATE SECTOR COMPANIES

» UTMB

» Landry’s Inc.

» Galveston County

» Moody Gardens

» Galveston ISD

» American National Insurance Co.

» City of Galveston

» Schlitterbahn Waterpark

» Texas A&M University at Galveston

» Walmart » ILA (Locals 20, 1665, 15048, 1443) » Mitchell Family Corp.

Galveston Economic climate

ECONOMIC BASE Galveston’s current cumulative property tax assessment is approximately $2.466 per $100 of assessed value, with the exception of those properties west of 103rd Street, which are not assessed by the Galveston County Navigation District #1.

Galveston’s local and state sales tax rate is 8.25 percent. A portion of the city’s local share of 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 initiatives.

 PROPERTY TAX RATES City of Galveston ENTITY

TAX RATE

City

0.561

School District

1.155

County

0.529831

Road & Flood

0.002067

Colleges

0.17519

Nav District

0.042922

Total

2.46601

Of the 3,693 permit applications as of Aug 2019, over 750 were for residential construction while 160 were for commercial construction.

 CONSTRUCTION PERMITS City of Galveston 2019 YTD (as of 8/2019)

Per $100 assessed valuation Source: Galveston CAD, 2019 tax rates

TYPE  PROPERTY TAX REVENUES City of Galveston

Total property tax rate decreased from 2018 to 2019 by about .0145.

2018

2019

Properties

35,272

35,221

Appraised Value

$9,000,231,770

$9,473,142,084

Assessed Value

$8,842,965,971

$9,315,072,480

Adjusted Value

$5,666,400,983

$5,991,297,581

2019 NEW VALUE ADDED: $74,611,589 (93% Residential; 6% Commercial; < 1% Industrial) Source: Galveston CAD

TOTAL

Commercial

161

Residential

755

Demolition

33

Electrical

762

Mechanical

617

Swimming Pool

35

Plumbing

675

Other

655

Total

3,693

Source: City of Galveston

 SALES TAX COLLECTIONS City of Galveston YEAR

GROSS SALES

AMOUNT SUBJECT TO SALES TAX

OUTLETS

ALLOCATION TO CITY

2014

$1,754,845,885

$738,273,986

1,937

$19,171,870

2015

$3,076,266,851

$753,250,464

1,971

$19,580,044

2016

$1,675,934,591

$757,924,634

2,152

$20,088,671

2017

$1,644,470,454

$779,165,329

2,056

$20,275,462

2018

$1,928,377,323

$804,623,362

2,020

$21,338,933

Sales Tax Allocations to Galveston increased year over year since 2014; specifically, 5.8% increase from 2017 to 2018 year end allocations.

Source: Texas Comptroller

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Galveston’s Key Facts 100,000

POPULATION BY GENERATION DIVERSE POPULATION

3.2% ALPHA

Galveston enjoys a diverse daily population on any given day. It nearly DOUBLES due to its commuting workforce, college student, second homeowners and robust tourism population.

53,956

21,255

BASE POPULATION

AVERAGE DAILY COMMUTING WORKFORCE

81,944 DAYTIME POPULATION (includes commuting workforce)

(born 2017-present)

19,726 AVERAGE DAILY VISITORS

78%

7.2M

SECOND HOMEOWNERS ON WEST END OF GALVESTON

ANNUAL VISITORS

8,123

1.21%

COLLEGE STUDENTS (attending Galveston College, TAMUG and UTMB)

7.8%

GREATEST GENERATION (born 1945 - earlier)

19.9%

GENERATION Z (born 1999-2016)

24.4%

BABY BOOMERS (born 1946-1964)

26.1%

MILLENNIAL (born 1981-1998)

18.6%

GENERATION X (born 1965-1980)

39.7

2018-23 POPULATION GROWTH RATE

MEDIAN AGE

STRATEGIC INVESTMENT AREAS

1. Broadway Corridor

5. Airport / Moody Gardens

Galveston is blessed with a number of areas (sectors) that maintain a distinct feel within their geographic region for the City. The City has been moving forward within a series of strategic corridors emphasizing place, landscaping and streetscaping improvements for the benefit of the corridors. Moving forward, development of key strategic areas combined with the recent successes of corridor redevelopment by the City – creates an opportunity for future development.

2. West Market Street

6. 61st Street Corridor

3. West End

7. North Broadway District

4. H arborside Drive (Port Industrial)

8. C entral Business District (Strand, Postoffice, etc.)

The following locations are generally considered strategic investment areas that possess the potential of even greater development/ redevelopment for Galveston overall.

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

9. P ort of Galveston/ Pelican Island 10. Seawall Boulevard/ East Beach

3

2.28

84.8%

30.1%

HIGH SCHOOL GRADS OR MORE

BACHELOR DEGREE OR MORE

AVERAGE HOUSEHOLD SIZE HIGHER EDUCATION

$47,917

$210,794

MEDIAN HOUSEHOLD INCOME

MEDIAN HOME VALUE

Unlike many cities its size, Galveston has the distinct advantage of serving as home to three institutions of higher education:

2,451

$29,500

95.4

PER CAPITA INCOME

COST OF LIVING INDEX

SPENDING FACTS (average annual dollars per household)

$1,702 TRAVEL $991

$1,775 APPAREL

56,353

2,437

TOTAL EMPLOYEES

BUSINESSES

24,752

68%

56.1% WHITE COLLAR

$2,618

ENROLLMENT

ENROLLMENT

TOTAL GALVESTON RESIDENTS WHO WORK IN GALVESTON

TRANSPORTATION

3,372 UTMB

2,300 TAMUG

GALVESTON COLLEGE ENROLLMENT

GALVESTON RESIDENTS WHO WORK IN GALVESTON

27.9% SERVICES

15.9% BLUE COLLAR

ENTERTAINMENT

7.3%

$1,731 FURNITURE

UNEMPLOYMENT RATE

SOURCES: 2019 ESRI demographics, U.S. Census, ACS population estimates

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4 5

7 6

2 1

8 10

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Galveston Overview

A

s of recent, City Staff and GEDP staff worked together to develop and finalize an economic development plan for the City of Galveston. The plan focuses on how the City of Galveston can actively promote growth and development across the island. It is also designed to promote sustainable and substantive growth and redevelopment. This has been the building block for conversations with key stakeholders across the community and across the Greater Houston Area.

3.

As part of the Economic Development Plan, recommendations were brought forth to consider for short, medium, and long term goals. A summary of the goals are listed below:

COMPLETE EXISTING PROJECTS IN THE PIPELINE. This recommendation includes existing capital projects, long term community development goals, and rehabilitation of vital corridors.

DESIGNATE THE NORTH BROADWAY DISTRICT FOR INFILL REDEVELOPMENT. North Broadway has seen a significant amount of investment in infrastructure and the growth of business down West Market Street, and the beginning of a power center at the Falstaff Brewery. This recommendation proposes to take this further and actively seek opportunities in the district for infill development.

4.

1.

5.

2.

6.

PRIORITIZE ECONOMIC DEVELOPMENT AS A SPECIFIC INITIATIVE FOR THE CITY OF GALVESTON. A business development flowchart has been listed as a priority, in order to streamline the development process. The Economic Development Coordinator has been tasked with serving as a development ombudsman, in order to assist any projects through the development process to ensure any roadblocks are avoided.

16

PLANNING APPROVAL

Step 1

BUILDING PERMITS

DEVELOPMENT PROCESS

IMPLEMENT BROADWAY CORRIDOR ECONOMIC DEVELOPMENT PROGRAM. The implementation of this recommendation would potentially include a program to incentivize property owners along the Broadway Corridor to focus on aesthetics of their property along a vital corridor in Galveston.

DEVELOP AN ECONOMIC PLAY BOOK FOR TRACKING DEVELOPMENT INITIATIVES WITH OUTSIDE AGENCIES/ ENTITIES. An implementation plan has been approved by the IDC and currently in development through City staff and multiple stakeholders across Galveston.

EMPOWER THE GALVESTON ISLAND REDEVELOPMENT AUTHORITY (RDA), TO BECOME THE REDEVELOPMENT ENTITY FOR THE CITY OF GALVESTON. The recommendation calls for a more robust redevelopment authority that can be used to target certain districts and areas within the City of Galveston to focus on investment and redevelopment.

Step 2 Rezoning/SUPs After a pre-development meeting, it will be determined if a rezoning or Special Use Permit is necessary.

Have a Pre-Development Meeting with Development Services Group You may meet with Staff to review your proposal although it is not required.

Staff will provide you with opportunities, constraints, and potential issues.

Goal: Expose any potential issues early, and mitigate those issues.

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

If no zoning change is necessary, then begin at Step 7.

Step 3

Step 4

Master Plans/Platting If the property is part of phased development, master plans need to be submitted to the City of Galveston.

Submit Application Submit an application including: Application, Plans, Other Documents, Fees.

No further action can be conducted until all tracts are platted. If a replat, preliminary plat, or final plat is required, the Planning Commission is required to take action.

Plans are reviewed by City departments and any required outside agencies.

In order for a plat to be recorded, infrastructure must be in place in order to serve the proposed development. If the current infrastructure is inadequate or does not exist, a separate meeting with the Economic Development Coordinator, Public Utilities, and Engineering will be necessary.

Galveston Overview

ECONOMIC DEVELOPMENT FLOW CHART The City of Galveston and the GEDP collaborate on bringing projects forward within Galveston. The flow chart below identifies the project development pathway for processing projects as they develop within Galveston.

CITY STAFF

PROJECT IDENTIFICATION

GEDP STAFF (or other entity depending on project)

CITY COORDINATION (public works, planning/zoning, building, incentives, transportation, etc.)

DUE DILIGENCE (site location, project structuring, planning/ zoning, project feasibility, etc.)

GEDP COORDINATION (site location, project structuring, coordination with other entities, etc.)

(Project presented to city administration) PROJECT DETERMINATION (GO-NO GO)

PROJECT IMPLEMENTATION (Project sent to PC/Boards then to City Council)

CITY OF GALVESTON

Step 5 Planning Review Staff will review and meet to discuss their comments.

Make Revisions Revise your project, and address comments.

Step 6

Step 7

Step 8

Step 9

Submit Application Includes: Application, Plans, Other Documents, Fees.

Plan Review Includes: Building, Fire, Engineering, Plumbing, and Building Official.

Public Improvements Inspected All public improvements are inspected by Engineering, Utilities and Fire.

Step 10

Step 11

Step 12

Present at Public Meeting Site Plans, Zoning Change, and Planned Developments require action from: Landmark Commission, Planning Commission, Zoning Board of Adjustments, Building Board of Adjustments, and City Council.

Receive Building Schedule Building Permit Inspections

Receive Certificate of Occupancy

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

17

Galveston Overview

TRANSPORTATION Galveston is at the gateway of inter-modal transportation and possibilities for business and industrial development.

Extending into Galveston County and beyond, Galveston is the front door to deep water international maritime shipping, connectivity with two Class 1 Railway companies, Scholes International Airport, an everimproving Highway Interstate and proximity to area communities with abundant land.

Galveston’s transportation matrix is available for regional, national and international development.

1892 – 2019

Commercial Personal Windstorm Flood Auto Health Life Financial Reliable, Professional Service Before and After the Storm for 127 Years 1893 1894 1895 1896 1897 1898 1899 Commercial • Personal • Marine 1900 1901 1902 1903 1904 1905 1906 1907

1892

Windstorm • Flood 1908 1909 1910 1912 1913 1914 1915 Auto1911 • Health 1916 1917 1918 1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 1960

1961 1962

1963

1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982

1983

1984 1985 1986 1987

1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 TROLLEY The City of Galveston is planning for the return of the Rail Trolleys by December of this year. Plans are forecasted for these trolleys to be operational by the Spring of 2020. Plans are also in development for a new collaboration between the City and Galveston’s Tourism industry.

Plans are in development for a new system of tokens to be utilized by guests staying at local hotels.

2012 2013 2014

2008

2009 2010 2011

2015

Friendswood Galveston Professional Reliable, Service 211 W. Edgewood Dr. Ste. 200 6025 Heards Ln Before the Storm 409-740-1251& After 281-442-1892 for 123 years www.gia-tx.com GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

Galveston 6025 Heards Ln

19

Friendswood 1102B S. Friendswood Dr

Real Estate Overview

Diverse Housing Options G

alveston will never be described as a “cookie cutter” community. Whether your idea of the perfect home is a coastal themed abode along a waterfront canal, a 19th-century Victorian Loft in the heart of Downtown, or a more traditional dwelling – Galveston has a neighborhood for you.

HISTORIC CHARM 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.

As the Houston-Galveston region continues to grow, with projections that it will continue into the future, Galveston maintains an excellent quality of life and quality of place as a coastal destination, “small town” atmosphere with an abundance of natural resources.

COASTAL ELEGANCE AND WATERFRONT LIVING 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 end a hard day’s work with a sunset cruise by hopping in the boat outside their backyard.

REAL ESTATE ACTIVITY

REAL ESTATE TRENDS

While the highest percentage of transactions occurred on the West End of Galveston, new activity levels were reached within many different neighborhoods throughout the Island.

Based upon the comparison of the first 6 months of 2018 vs the same time period in 2019, residential real estate have dipped from year over year. Across the Island the dollar volume of sales decreased 1%,while the number of transactions decreased by 4%.

Galveston’s economic renaissance continues with investments being made comprehensively across Galveston Island. While residential sales and transactions in the first six months of 2019 have experienced a slight decrease from the previous year’s same timeframe, Galveston continues to see existing homes being renovated across the island.

The median selling price INCREASED 7%, from $269,275 in 2018 to $289,750 in 2019; the average number of days a property was on the market decreased 4%, from 74 days to 71 days.

$313M IN TRANSACTIONS (2018)

933 # OF TRANSACTIONS (2018)

74 416

FAR WEST GALVESTON ISLAND YEAR END TRANSACTIONS 2018 20

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

AVERAGE DAYS ON MARKET (2018)

92

WEST GALVESTON ISLAND YEAR END TRANSACTIONS 2018

Real Estate Overview

ï&#x192;¨ FIRST SIX MONTHS RESIDENTIAL MARKET RECAP 2019 VS. 2018 GALVESTON ISLAND

DOLLAR VOLUME

# OF SOLD TRANSACTIONS

2019

2018

% CHANGE

2019

2018

% CHANGE

All Galveston Island

$161,025,740

$162,599,244

-1%

470

492

-4%

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

$103,417,494

$102,681,233

+1%

231

234

-1%

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

$9,983,890

$15,841,710

-37%

35

43

-19%

Colony Park

$1,596,500

$299,900

+432%

5

1

+400%

Havre Lafitte

$946,000

$980,900

-4%

3

3

No change

Campeche Cove

$696,000

$1,999,595

-65%

3

6

-50%

Evia

$1,565,000

$3,554,000

-56%

4

7

-43%

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

$21,755,686

$23,214,903

-6%

100

130

-23%

Cedar Lawn

$1,083,000

$295,000

+267%

2

1

+100%

Denver Court

$532,000

$315,000

+69%

2

1

+100%

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

$22,019,670

$20,515,498

+7%

84

84

No change

UTMB/Downtown/East End Lofts & Condos Only

$17,965,995

$20,734,786

-13%

68

83

-18%

ALL RESIDENTIAL SALES ON GALVESTON ISLAND - FIRST SIX MONTHS MARKET RECAP 2019 VS. 2018 Average Days on Market

2019: 71

2018: 74

% change: -4%

Median Selling Price

2019: $289,750

2018: $269,275

% change: +7%

ALL RESIDENTIAL SALES ON GALVESTON ISLAND - YEAR OVER YEAR MARKET RECAP 2018 VS. 2017 Average Days on Market

2018: 75

2017: 79

% change: -5%

Median Selling Price

2018: $270,044

2017: $255,500

% change: + 6% SOURCE: Houston Association of Realtors Multiple Listing Service; Sand `N Sea Properties.

Data deemed reliable, but not guaranteed by MLS or Broker.

$289,750 MEDIAN SELLING PRICE (first six months 2019)

258

MID GALVESTON ISLAND YEAR END TRANSACTIONS 2018

167

EAST GALVESTON ISLAND YEAR END TRANSACTIONS 2018 GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

21

Where HomeTown Matters

The HomeTown Team is dedicated to growing our local economy. A full-service and locally owned community bank, we know Galveston’s many opportunities firsthand, and we stand ready to help new businesses become part of our future.

Galveston Main Bank: 1801 45th St. • (409) 763-1271

Jimmy Rasmussen President and CEO

Galveston Seawall Branch: 45th & Seawall Blvdd • (409) 763-5252

Michael J. Gaido, Jr. Board Chairman

HomeTown Bank of Galveston Loan Officers

Scott Kusnerik Executive Vice President

Cesar Hernandez Senior Vice President

Brandon Rogers Vice President

Traci Shugart-Garcia Vice President

htbna.bank OOOOO Five-Star “Superior” rating by BauerFinancial, Inc. OOOOO

Real Estate Overview

INVESTMENT OPPORTUNITIES - AVAILABLE PROPERTIES The following properties are but a few of the opportunities of which the GEDP retains focus for redevelopment: 1.

2.

1. FORMER MANUFACTURING FACILITY 6800 HARBORSIDE DRIVE Industrial warehouse and/or manufacturing facility with 65,000-square-foot building on 22 acres of waterfront with barge access 2. 59TH BROADWAY 8,200-square-foot metal building on nearly 3 acres of property, on one of the busiest corridors on the island. The back of property contains water frontage on English Bayou.

Location is across street from the post office and Galveston County Criminal Justice Center.

3.

4.

3. F ORMER GROCERY STORE 45TH AVENUE S (MIDTOWN) Former grocery store on nearly 2 acres, being sold “as is” at lot value. Midtown location on visible corridor on 45th, just a few blocks from Seawall. Current zoning is commercial.

4. F ORMER INSURANCE OFFICE BUILDING 2115 WINNIE The property consists of two structures, one a 3-story structure, the other a 7-story tower.

The total square footage of both buildings is 144,632. Adequate parking comes with facility.

OPPORTUNITY ZONE - GALVESTON According to the IRS, an Opportunity Zone is an economically distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as opportunity zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S. Treasury via his delegation of authority to the Internal Revenue Service.

Opportunity zones were added to the tax code by the Tax Cuts and Jobs Act on December 22, 2017. Opportunity zones are economic development tools — that is, they are designed to spur economic development and job creation in distressed communities.

Opportunity zones are designed to spur economic development by providing tax benefits to investors. First, investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged, or December 31, 2026. If the QOF investment is held for longer than 5 years, there is a 10% exclusion of the deferred gain.

If held for more than 7 years, the 10% becomes 15%. Second, if the

Galveston’s Opportunity Zone stretches along Seawall Blvd from about 53rd Street all the way down to the east end of the island.

investor holds the investment in the Opportunity Fund for at least ten years, the investor is eligible for an increase in basis of the QOF investment equal to its fair market value on the date that the QOF investment is sold or exchanged.

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

23

Maritime Overview

T

he 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 occurs within three geographic areas of Galveston: Port of Galveston, Pelican Island, and Harborside Drive (SH 275).

SECTORS POSITIONED FOR GROWTH » Business Retention and Diversification of Existing Companies » Cruise Expansion (including support services for the Cruise Industry) » Port Industries (completion of the Port’s master plan will assist in identifying high ROI segments to pursue)

 GALVESTON CITY 2019 TOP TAXPAYERS: INDUSTRIAL – REAL & PERSONAL TAXPAYER NAME

MARKET VALUE

TAXABLE VALUE

Galveston Terminals Inc

$14,609,570

$14,609,570

» Multi-Modal warehousing/distribution Facilities (county-wide)

Interchem USA Inc

$13,236,140

$13,236,140

Texas International Terminals

$11,997,810

$11,997,810

» Innovation and Technology related industries (ie Autonomous Technologies)

G&H Towing Company

$10,031,770

$10,031,770

M-I Drilling Fluids

$9,012,730

$9,012,730

DEEP IMPACT Maritime is a multi-million-dollar economic engine for Galveston Island and the region.

The Galveston Ship Channel is the nexus for the Galveston Wharves, dozens of private businesses, and Texas A&M University at Galveston. The port alone has an estimated $5.46 billion impact statewide.

Gulf Sulphur Services Ltd LLP

$8,812,770

$8,624,945

Sws Holdings-Brady Island LP

$6,306,090

$6,306,090

Gulf Copper Drydock & Rig Repa

$6,000,000

$6,000,000

Halliburton Energy Services

$5,415,120

$5,415,120

Aet Lightering Services LLC

$4,917,700

$4,917,700

Adm Grain

$4,795,120

$4,795,120

M-I LLC

$4,756,920

$4,756,920

The island’s growing maritime sector, which includes public and private entities, generates revenues (estimated $2.9 billion in gross state product to the Texas economy), direct and indirect jobs (estimated 20,400 direct and indirect jobs), spending, and sales and property taxes through international trade, cruises, shipping services, ship repair, commercial and recreational fishing, seafood harvesting and processing, and marine and maritime education.

Chs Inc

$7,046,760

$3,099,387

Baker Hughes Inteq

$2,974,450

$2,974,450

Gulf Sulphur Services Ltd LLC

$2,876,130

$2,876,130

At&T Mobility LLC

$2,845,860

$2,845,860

Galtex Pilots Service Corp

$2,791,010

$2,791,010

Jam Marine Services LLC

$2,752,680

$2,752,680

T&T Marine Salvage Inc

$2,474,220

$2,474,220

Jam Distributing Company

$2,379,580

$2,379,580

“The Port of Galveston’s diverse capabilities have helped Texas become the nation’s largest exporter - and the world’s 10th largest economy.”

GLENN HEGAR, Texas Comptroller of Public Accounts 24

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

GEDP MARITIME TASK FORCE The GEDP Maritime Task Force, chaired by Keith Palmer, is currently monitoring and/or addressing these critical issues: » Maritime

» Transportation – Mobility

» Port Masterplan

» Navigation Districts

» Pelican Island land development

» Infrastructure Investment

» Pelican Island Bridge

Maritime Overview

4th BUSIEST CRUISE PORT IN NORTH AMERICA No. 1 in Texas

1,200/45

FOREIGN TRADE ZONE

FEET WIDE/FEET DEEP CHANNEL

2 CRUISE SHIP TERMINALS soon to be third cruise terminal

ON THE GULF COAST INTRACOASTAL WATERWAY

30

PORT

HIGHLIGHTS

MINUTES FROM OPEN SEAS

CONNECTED TO

DIRECT ACCESS TO

2

2

MAJOR HIGHWAYS

CLASS ONE RAIL LINES

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

25

Maritime Overview

GALVESTON WHARVES Perfectly situated at the entrance to Galveston Bay and the Houston Ship Channel, Galveston Wharves has been a maritime commercial center since 1825.

Just 30 minutes from open seas, over 800 acres of the Port has infrastructure and assets to serve growing cruise, cargo and commercial businesses.

Galveston Wharves is poised to further grow these businesses with the following: » Third cruise terminal to be built in 2021 » 20-year Strategic Master Plan to prioritize and guide growth ROBERT MIHOVIL

» Consolidation and expansion of cargo business on the port’s west end » Support replacement of Pelican Island Bridge and addition of rail bridge to create port development opportunities

SUPPLY

FABRICATION

COATING

Industrial Material has the resources to quick-

all phases of your project including embeds,

experienced with a variety of systems and

ly acquire almost anything you need.

angle clips, pipe shoes and instrument

conditions, blasting, coating and painting at

stands and capable in larger structures like

our enclosed facilities, or your site.

Over 8,000 line industrial items of inventory,

Industrial Material fabricates products for

Industrial Material is a proven applicator,

platforms, pipe racks, and skids.

By effectively combining distribution, fabrication and coating, Industrial Material Corporation (IMC) benefits its customers by accelerating projects, reducing cost, improving safety, and more. “IMC synergy” makes the company a lower total cost solution, where labor is limited and downtime avoided.

26

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

ALL ANGLES COVERED 7701 Harborside l Galveston, TX 77554 - 2865 800.701.4462 l 409.744.4538 toll free fax 877.238.4755 www.industrialmaterial.com

Maritime Overview

CARGO The Galveston Wharves lease and maintain a wide range of facilities on the 45-foot-deep Galveston Ship Channel. Cargo operations, served by rail and truck, are a diversified mix of roll-on/roll-off, dry bulk, export grain, refrigerated fruit, and general and project cargoes.

Pelican Island is a hub for port tenants with a range of operations, including ship and rig repair, liquid bulk, and offshore exploration and production. Galveston Wharves also has approximately 500 acres of land for development on Pelican Island.

ROBERT MIHOVIL

LAY DOCKAGE

 ECONOMIC IMPACT OF GALVESTON WHARVES State Economic Impact of Galveston Wharves Cargo Activity – 2018 » $1.8 billion total economic impact » 10,465 jobs created due to the port’s cargo activity » 1,546 direct jobs held by Galveston residents

» $ 56.7 million in state and local tax revenues generated port cargo activity » $ 126.5 million spent on local purchases due to the port cargo activity in 2018

 REVENUE BREAKDOWN

65% CRUISE

Direct

2,577

Induced

3,347

Indirect

1,447

Related Users

3,094

Total Jobs

10,465

Source: The Economic Impacts of Marine Cargo at the Port of Galveston, 2018. Martin Associates

COMMERCIAL Pier 21, with its restaurants, hotel, museums and other attractions, offers the public a front-row seat to our working port. The port also leases waterfront property for commercial seafood, shrimping and fishing.

 CARGO FLOW (TONS)

26% CARGO

9%

LAND LEASES

For more on the port’s financial information, visit: www. portofgalveston.com/DocumentCenter/View/2611/2018-CAFR

CARGO-RELATED JOBS 2018

Lay dockage is a growing source of revenue for the port. Since 2018, this business has generated more than 500 ship calls with more than $4 million in dockage fees for the port. That does not include revenue generated for port partners.

CARGO

2018

2017

2016

2015

Bulk Grain

839,395

734,932

2,466,931

3,073,498

Bulk Fertilizer

603,701

455,945

565,277

620,731

Bulk Liquid

1,544,103

1,225,701

1,303,459

904,659

Bananas and other fruit

534,412

484,661

486,797

520,697

Other General & Roll-on/ Roll-off Cargo

581,779

486,296

383,320

483,722

Total Tons Handled

4,103,390

3,387,535

5,205,784

5,603,307

Number of Vessels

840

734

752

810

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

27

ROBERT MIHOVIL

Maritime Overview

CRUISE Galveston Wharves has bragging rights as the only cruise home port in Texas and the fourth busiest in North America. The port expects to host more than 1 million cruise passengers in 2019. Carnival, Disney and Royal Caribbean are among the major cruise lines that call the Galveston Wharves home.

After 20 years, the port’s cruise business is still growing, with plans for Royal Caribbean to build a $100 million terminal for its world-class cruise ships at Pier 10.

» Expand and consolidate cargo activity on the port’s west end »D evelop a waterfront commercial area at Pier 14 with retail, restaurants, a marina and trolley service » Seek cargo and industrial business for Pelican Island »A prioritized list of repair, maintenance and capital projects to maximize infrastructure investment for greatest return on investment Read more about the Strategic Master Plan at www.portofgalveston.com/221/Strategic-Master-Plan

CHARTING A COURSE FOR STRONG GROWTH Galveston Wharves is implementing a 20-year Strategic Master Plan to chart a course for a strong future. This detailed plan will give the port a sustainable, viable vision and direction guided by solid data, sound business decisions and community support.

The Galveston Wharves Board retained an internationally recognized consulting firm to assist port staff in comprehensive research and assessments of the port’s infrastructure; future cargo, cruise and commercial market opportunities; and financial analysis and forecasting.

 10 MILLION CRUISE PASSENGERS SINCE 2000 - AND GROWING YEAR

CRUISE SHIP CALLS

CRUISE PASSENGERS

PORT REVENUE GENERATED

2019

298*

1,009,319*

2018

268

989,220

$18.9 million

2017

255

938,198

$17.6 million

Opportunities include the following:

2016

235

868,923

$13.7 million

» Build an interior road system to accommodate future growth and alleviate traffic on Harborside Drive

2015

232

834,616

$12.3 million

* Projected

Source: 2018 CAFR GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

29

Tourism Overview

T

he Tourism sector in Galveston continues growing with over seven million visitors in the past year. Growth indicators benefit through a number of factors including historic investments in the nourishment of Galveston beaches, continued expansion/diversification in the number of amenities and attractions located on Galveston Island, 4th busiest Cruise Port in North America – with more ships planning to come, and a growing concentration of sports and nature tourism activities aimed at supplementing the existing hospitality and tourism industry of Galveston.

SECTORS POSITIONED FOR GROWTH » Experiential Entertainment » Sports Tourism – Events, Attractions, Facilities, New Technologies » Innovation and Technology related industries » Cultural Arts District » Nature Tourism

$177M TAXES GENERATED

BY TOURISM 2018 SOURCES: Tourism Economics, 2018 Economic Impact of Tourism, Galveston CVB

7.2M

60.7%

ANNUAL VISITORS

VISITORS WHO ARE DAY TRIPPERS

VISITOR METRICS » Visitors spent $207 million on lodging, $203 million on food and beverages, and $169 million on retail shopping in 2018. » The value of second home accommodations tallied $60 million.

day trippers spent $49 per person per day. An estimated 60.7% of all visitors were day trippers. » Tourism generated $177 million in taxes in 2018, 4.7% more than in 2017.

» Visitor spending increased 4.6% and reached a new peak in 2018.

» Tourism-driven state and local tax proceeds of $87.5 million helped offset the average household tax burden by $4,233 per household.

» Overnight visitors to Galveston spent $115 per person per day, while

» $49.6 million in local taxes were generated by tourism in 2018.

30

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

Tourism Overview

 SEASONAL OCCUPANCY 64% 67%

74% 78%

 2017 67% 50%

 2018

55% 54%

KEY TRENDS 2018 » V isitor volume increased 2.7% and lodging spending increased 4.6% in 2018. Visitor volume and lodging spending are 32.0% and 65%, respectively, above the previous peaks in 2007. »G alveston Island’s hotel market slowed in 2018, after a robust 2017, according to STR data. Room-night demand fell 4.8%, while supply expanded 1.2%.

Spring March 1-May 31

Summer June 1-Aug 31

Fall Sept 1-Nov 30

Winter Dec 1-Feb 28

» T he occupancy rate ticked down 3.8 percentage points to 61.6%, but average daily rates managed to rise 5.2%. »A fter seven years of expansion, total visitor volume again reached a new peak in 2018 at just under 7.2 million visitors. » B y establishment, key employers on the island are the University of Texas Medical Branch – Galveston, Landry’s, Moody Gardens, and ANICO. Total employment was estimated as 32,779 in 2018.

$872M TOTAL VISITOR SPENDING 2018

» V isitors to Galveston Island spent $872 million in 2018, which generated $1.2 billion in total business sales, including indirect and induced impacts. »A total of 11,646 jobs were sustained by visitors to Galveston Island in 2018. This included 8,997 direct and 2,649 indirect and induced jobs. »A pproximately 35.5% (1 in 3) of all jobs on the Island were sustained by tourism. » T ourism-sustained jobs generated total income of $314.6 million in 2018.

$65.7M CRUISE PASSENGER ON-SHORE SPENDING 2018

VACATION RENTALS CONTRIBUTED

27% OF ALL HOTEL OCCUPANCY TAX COLLECTIONS

CRUISE HIGHLIGHTS » Cruise passengers increased 5.5% in 2018.

GEDP TOURISM TASK FORCE The GEDP Tourism Task Force, chaired by Johnny Smecca, monitors these key areas of Galveston’s Tourism Industry:

» At 985,000, embarkations are 59.7% higher than the 2006 peak of 617,000.

» Tourism

» Sports Tourism

» The Port of Galveston maintains its ranking as the fourth largest home port in the U.S. when measured by embarkations.

» Cruise Ship Development

» Transportation

» Economic Climate

» Workforce / Housing

» Cruise activity generated $65.7 million in passenger on-shore spending, and another $19.3 million in services provided at the port in 2018.

» Beach Nourishment

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

31

SEA YOUR MEETINGS DIFFERENTLY Come to Galveston Island, Texas for your next meeting!

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2018_7x10_advert.indd 1

Get connected at The Galveston Island Convention Center with free Wi-Fi

Contact Bryan Kunz at bkunz@galvestoncvb.com or call 409.797.5157

Place your meeting or event Mid-Week for the best hotel rates

13/06/2018 00:06

Tourism Overview

GALVESTON PARK BOARD The Park Board of Trustees of the City of Galveston is a governmental entity created by a special act of the Texas Legislature in 1962 for the purpose of directing all tourism efforts for Galveston. The organization receives no sales or property taxes and is funded through hotel occupancy taxes, beach user fees and grants.

The Park Board oversees the work of the Galveston Island Convention & Visitors Bureau, Galveston Island Beach Patrol, Coastal Zone Management (beach cleaning), seawall parking, and management of its beach parks, Stewart Beach, East Beach, Seawolf Park and Dellanera R.V. Park on the island’s west end. The Convention & Visitors Bureau employs marketing, public relations and sales teams in order to attract leisure and business travelers to the island. Last year, Galveston drew 7.2 million visitors to its beaches, historic sites, family attractions and restaurants. For information about what to do in Galveston, visit www.galveston.com.

Coastal Zone Management is responsible for cleaning Galveston’s 32 miles of beaches. Each day, the crew is up before dawn to make sure Galveston’s shores are clean, green and pristine for visitors and residents alike.

The safety of beachgoers is the primary concern for the Galveston Island Beach Patrol. An award-winning staff is ever vigilant patrolling miles of beaches and performing preventative actions and rescues, while informing beachgoers about water conditions.

For more information about Galveston’s beaches, visit www.galvestonbeachinfo.com.

In cooperation with state and local officials, the Park Board has completed several award-winning beach nourishment projects including the creation of “Babe’s Beach,” west of 61st Street and widening existing seawall beaches. These nourishment projects serve to enhance recreation opportunities and protect property from storm surges.

THE HOLIDAY INN EXPRESS & SUITES GALVESTON BEACH 3228 Seawall Blvd • Galveston, Texas 77550 409-621-5100 Relax & Retreat | Contemporary & Chic | Galveston Beach Enhance your experience while enjoying unique modern spaces, contemporary beachfront accommodations & exceptional service.

With the Gulf of Mexico as a backdrop, Galveston is the ultimate destination for a weekend getaway or business retreat.

DoubleTree by Hilton Galveston Beach

1702 Seawall Blvd ■ Galveston, TX 77550 (409) 762-4141 GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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LIVE THE STORIES OF TEXAS & THE AMERICAN WEST MUSE U M

HO URS:

T H E

B R YA N

THEBRYANMUSEUM.ORG 1 3 1 5 2 1 S T S T. , G A LV E S T O N , T X 7 7 5 5 0 I M A G E : T H E A L A M O , S E Y M O U R T H O M A S , PA I N T E D I N 1 8 8 5

M U S EU M

Tourism Overview

CULTURAL ARTS DISTRICT The City of Galveston’s Commission for the Arts has had a dynamic history, from its inception many years ago to the present. A few of the projects completed during that time include: the relocation of David Moore’s Dolphin Sculpture to Galveston’s Seawall; dedication of the commemorative 1900 Storm Sculpture; development of a driving tour of public art; and the successful state-wide designation for the Galveston Downtown Cultural Arts District which encompasses Galveston’s historic downtown and surrounding areas.

SPORTS TOURISM » Continue efforts of IDC in improving and enhancing Galveston’s parks and recreation amenities » Explore Public/Private partnerships for growing Sports Tourism Facilities (indoor/ outdoor) » Develop a comprehensive communication/ organizational plan for event planning purposes

 SPORTS TOURISM METRICS 2018

95 EVENTS

95,583 EST. TOTAL ATTENDANCE

23,618 TRACKABLE ROOM NIGHTS

$31,497,728 EST. DIRECT ECONOMIC IMPACT

$45,356,728

The Galveston Downtown Cultural Arts District is one of the most important projects the Commission for the Arts has undertaken and not only is a feather in Galveston’s cap but one that will add an element of promotion to our city that will increase our cultural tourism and serve as another economic stimulus to our community. The district will be included on the Texas Commission on the Arts website as one of the selected communities honored with this designation. Galveston’s Commission for the Arts future plans include a significant brochure listing the many cultural arts sites within the district to include the surrounding businesses, complete with a map, directions, and descriptions. Future plans of the commission also include commissioning additional public art pieces and further enhancing the economic impact of the arts on the economy of our community.

“From shows at The Grand 1894 Opera House, stunning artwork at The Bryan Museum, to ArtWalk events downtown, Galveston is a city brimming with arts and culture.

Recently, the Park Board approved spending $100,000 to fund a National Endowment for the Arts Our Town grant application, which would cover the cost of a Cultural Master Plan. The city council and the Galveston Arts Center will be submitting the grant while the Park Board has committed to match the grant funding and curate the cultural mapping.

The Park Board and the CVB have been working with its partners for more than five years on a concerted effort to draw visitors to experience the many art and entertainment offerings in Galveston. The efforts coincide with their goals to attract more engaged visitors to the island like those who spend more time and money while in the destination.

Promoting these experiences is also expected to help boost business during shoulder seasons.”

MARY BETH BASSETT of the Galveston Park Board in a column in The Galveston County Daily News

EST. TOTAL ECONOMIC IMPACT

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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G

alveston Restaurant Group brought the most award winning concepts for the “art of great eating”, to Galveston Island patrons in 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 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.

Voted “Galveston’s Best Delivered Pizza,” and “Best Sandwiches”, Papa’s prides itself on living up to that reputation. With homemade dough and flying pizzas Papa’s continues to lead the competition. Whether you dine in or have it delivered you will enjoy our pizza, pasta, wings, subs and salads.

For a quick lunch enjoy our lunch buffet Monday - Friday from 11 am to 3 pm.

Always fresh and always delicious.

Order online at freehotpizza.com 409.766.PAPA • 4400 Seawall Blvd.

PAPA’S PIZZA

Voted BEST DELIVERY Voted Best Sandwiches -Galveston.com

Voted “Best Happy Hour, Asian and Martini”, 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. Enjoy Certified Angus Beef along with fresh hand made sushi.

Sky Bar’s atmosphere becomes fun and lively later in the evening with a busy bar crowd and upbeat sounds.

SkyBarGalveston.com • 409.621.SKY 2105 Postoffice Street

Sky Bar

Voted BEST Happy Hour - galveston.com

Celebrating 20 years, there are few restaurants that 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 fresh Gulf seafood, gumbo, cioppino, fire kissed Certified Angus Beef® steaks, lobster and more!

Saltwater Grill - where locals and visitors alike can enjoy upscale casual year round. saltwatergrill.com. 409.762.FISH 2017 Postoffice Street SALTWATER GRILL Voted Best Restaurant Voted Best Overall Seafood - galveston.com

ario’s Seawall Italian Pizzeria Gumbo Bar features live-action steam kettle cooking serving up our award winning gumbo. Enjoy burgers, po-boys and some of New Orleans’ best recipes like live crawfish and boudin. Gumbo Bar is the place to cheer on your favorite sports team, celebrate a casual night on the town or warm your soul with more than 62 refreshing beers, a variety of wines or our famous Hurricane.

Finish off with our amazing beignets.

Best comfort food in town! gumbobar.com 281.52GUMBO 2107 Postoffice in Galveston

June 2016 saw the introduction of Taquilo’s Tex-Mex Cantina. Galveston Restaurant Group’s latest concept, where you’ll find authentic small batch Tex-Mex cuisine. Enjoy fresh made guacamole and ceviche along with the chicken, shrimp or Certified Angus Beef ® fajitas with our award winning margaritas. All in a fun, upbeat atmosphere or relax and enjoy the Postoffice Street vibe on the covered sidewalk patio. Taquilos.com 409.497.4279 2101 Postoffice Street

Voted BEST GUMBO Voted BEST CAJUN

TAQUILO’S

GUMBO BAR

- galveston.com

Voted BEST CHIPS & SALSA Voted BEST MARGARITA Voted BEST BARTENDER Voted BEST QUESO -GALVESTON.COM

Once again voted “Best Italian Cuisine,” tucked away in the thick of Galveston’s seafood restaurants is Mario’s Seawall Italian Restaurant celebrating 47 years. Since 1973, Mario’s Seawall has offered fun, romance and the tradition of Italy with a Texas-sized seaside view.

Mario’s Seawall boasts delicate and delicious pastas, gourmet pizzas and Gulf seafood. An island favorite is the weekday lunch buffet from 11am-3pm that offers pizza, pasta and seafood.

You are invited to take a vacation every Sunday with our a la carte brunch menu.

Enjoy chicken & waffles, seasonal pancakes, omelettes, sandwiches and more! Brunch is served every Sunday from 11am-2pm. Dine in or order online for delivery or pick up at MariosSeawall.com. Call 409.763.1693,

MARIO’S SEAWALL

The Gumbo Diner, is where classic American dining and New Orleans flair meets the beach. Offering southern breakfast staples, chicken & waffles, shrimp & grits, burgers and the best Texas Gulf fried shrimp on the coast. The Gumbo Diner is a hit among both locals and visitors.

This cozy beach front location will satisfy you morning noon & nite.

TheGumboDiner.com 3602 Seawall Blvd.• 409.762.3232

The Gumbo Diner Voted Best Breakfast Best American - gcdn reader’s choice

Voted BEST ITALIAN Voted BEST MOM & POP Votes BEST SALAD BAR Voted BEST STAFF - GALVESTON.COM

Education Overview

T

he Education & Healthcare sector in Galveston has experienced sustainable growth and development.

Unlike many cities its size, Galveston has the distinct advantage of serving as home to three higher-level educational institutions.

Galveston serves nearly 16,700 students – both primary and secondary education levels.

» Galveston Independent School District (GISD)

» Private/Charter Schools

» Galveston College

» Texas A&M University at Galveston (TAMUG)

» University of Texas Medical Branch (UTMB)

With nearly 8,200 students enrolled in the three higher educational institutions, Galveston is indeed a college town. These institutions work collaboratively to translate their unique, world-renown programs, faculty and students into the fabric of Galveston and beyond. Focusing on the education and training of our future workforce, benefits of these resources extend well beyond the borders of Galveston and Galveston County.

GISD takes advantage of the local higher-level educational institutions available on the island. Strong partnerships exist within all campuses of UTMB, TAMUG and Galveston College.

UTMB, TAMUG and Galveston College routinely experience growth in student populations, facilities and programs. Galveston is a collegetown that continues to see its post-secondary institutions leading the way for excellence in healthcare, research, emerging technology, maritime studies, coastal recreation and numerous job training and workforce development programs for residents and businesses to utilize.

GISD EDUCATIONAL FOUNDATION To support teachers, the Galveston ISD Educational Foundation was established in 2002. To date, the foundation has awarded more than $3.5 million in grants. Allotments are varied and gifted to teachers, educational teams and/or campuses in support of the district’s strategic goals aimed at student outcomes. The foundation collaborates with the district to support a variety of district-wide programs and has reached thousands of students.

Four main initiatives receiving priority are: » Early literacy (reading on grade level by third grade) » High school readiness (credit earned in Algebra I and English I by ninth grade) » College and career readiness (success on Advanced Placement, SAT, ACT, TSI, or CTE exams, achievement in dual credit courses, or by obtaining industry-level certifications of licenses) » Innovation (pilot projects with evidence of potential success) GEDP EDUCATION TASK FORCE The GEDP Education Task Force monitors these key areas of Galveston’s Education Industry: » Continued Growth in students, facilities & programs » Diversity » Workforce Development (UTMB/TAMUG/GISD/ Galveston College) » College Town » Student Housing

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

Education Overview

16,681 TOTAL ENROLLMENT

3,372 UNIVERSITY OF TEXAS MEDICAL BRANCH

2,300 TEXAS A&M UNIVERSITY AT GALVESTON

2,451 GALVESTON COLLEGE

7,058 GISD

1,500 PRIVATE & CHARTER SCHOOLS

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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5 Reasons to Teach by the Beach

PRIME LOCATION -Located on an Island -one hour from houston -beach and bay access -32 miles of gulf coast

UNIQUE SCHOOLS -Fine arts academies -expansive cte program -stem and steam academies -1 national blue ribbon campus -4 nationally certified magnet campuses -traditional schools with schools of choice options

EMPLOYEE PERKS

COMPETATIVE PAY - $53,000 Starting teacher salary

CAREER ADVANCEMENT SUPPORT

-stipends for critical shortage areas

-data driven instructional support

-training and mentor teacher programs

-high-quality job-embedded professional development

-district-wide canvas lms

-teacher career pathways

-trs active care insurance

-educator mentoring and support

LEARN MORE ABOUT OUR DISTRICT AND CAMPUSES AT WWW.GISD.ORG

Education Overview

GALVESTON INDEPENDENT SCHOOL DISTRICT GISD serves just over 7,000 students on Galveston Island and Bolivar Peninsula and offers 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.

Besides its invaluable partnerships with Galveston College, Texas A&M-Galveston and UTMB, GISD is also fortunate to be supported by several local philanthropic and charitable foundations.

GISD CAMPUS HIGHLIGHTS » Morgan Elementary Health, Science and Engineering Magnet was recently recognized as a National Demonstration School by Magnet Schools of America. This elevated level of certification is achieved by exceeding the Standards of Excellence criteria and will enable the campus to serve as learning model for magnets to replicate and study their innovative, theme- based curriculum. » GISD’s Book Bus began its journey during the summer of 2019 sharing books and spreading literacy around town! The bus was built by Ball High’s CTE department, for students of all ages to enjoy bookshelves full of books, comfortable seating, ambient lighting, chrome books and Wi-Fi all in support of literacy. #readandbefree #forkidsbykids

 GISD FAST FACTS

7,058

1,033

ENROLLMENT

EMPLOYMENT

SCHOOLS

41%

» Students are excited about the innovative “A+” period happening Tuesday and Thursday mornings at Austin Middle School. A wide variety of enrichment classes such as public speaking, journalism, virtual reality, and stock market economics are available to students and are delivered by teachers, parents, and community partners. Students practice choice, agency, and self- reflection as part of the project-based learning.

Austin’s mission is to ACHIEVE, IMPACT, and GROW students through a variety of campus and community experiences.

PRE-K TO ELEMENTARY

» Ball High School recently became the proud owner of a SynDaver Anatomy Model, an education-grade synthetic human cadaver, complete with all bones, joints, muscles, organs and tendons in normal human anatomy, and is made from materials that mimic the mechanical, thermal and physiochemical properties of live tissue. This high-impact learning experience will translate into demonstrable clinical and research knowledge, skills and abilities. BHS is the only high school in the Houston area with a SynDaver Anatomy Model.

MIDDLE SCHOOL

» The BioTech Laboratory at Ball High School is a one-of-a-kind cell culture lab where students learn cellular and molecular biology through hands-on experimenting. Advanced scientific techniques, such as growth and maintenance of cells under controlled conditions, acquired in this lab are normally reserved for an apprenticeship off campus. This lab allows students to be immersed in an environment equivalent to a lab that is normally found on a college campus or local hospital so that students have the opportunity for experiences that prepare them for college and beyond. » GISD received grant funding from The Moody Foundation to support a variety programs such as Tor Kids and Tor Prep, two after school programs that provide enrichment opportunities as well as tutoring and homework help and Causeway Galveston, a program focusing on students’ social and emotional learning.

1

EARLY EDUCATION

28%

6

ELEMENTARY

5

MIDDLE

30%

2

HIGH

HIGH SCHOOL

SOURCE: Galveston ISD

DISTINCTIONS

$84M OPERATING BUDGET

CRENSHAW MORGAN OPPE PARKER AUSTIN CENTRAL BALL

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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Education Overview

PRIVATE AND CHARTER SCHOOLS Galveston Island serves about 1,500 students through its private and charter schools.

ODYSSEY ACADEMY Odyssey Academy is a multi-campus, open enrollment public charter school with locations in Galveston, League City, and El Lago, Texas. The school serves students in grades prekindergarten through high school.

Odyssey Academy has been educating students in the greater Galveston County area for over 15 years with great success. The school uses four effective approaches that in combination are unique to the school, and set Odyssey Academy apart from other public school programs: dyssey Academy offers a full day prekindergarten program for »O qualifying three and four year old children. »O dyssey Academy focuses on leadership skills from prekindergarten through high school using Franklin Covey’s Leader in Me and The 7 Habits. dyssey Academy is a STEAM (Science, Technology, Engineering, the »O Arts, and Mathematics) school. » Odyssey Academy offers dual credit and early college programs.

AMBASSADORS PREPARATORY 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.

HOLY FAMILY CATHOLIC SCHOOL Holy Family Catholic School serves approximately 100 prekindergarten through eighth-grade students.

MOODY METHODIST DAY SCHOOL Under the direction of Moody Memorial First United Methodist Church this school is an extension of the educational ministry. The school has an enrollment of about 275 children, ages 3 months through eighth grade.

MOODY EARLY CHILDHOOD CENTER Moody Early Childhood Center (MEC), with an enrollment of over 200, is a pre-school for Galveston children ages 6 weeks to 4 years old.

All Galveston families with children from 6 weeks old to 3 years old are welcome to apply, no matter their household income. Moody Early Childhood Center is a non-profit organization committed to giving every Galveston child the opportunity to reach his or her full potential.

At the Center children learn the building blocks for a successful education in reading, math and science, plus important emotional and social skills. The Center celebrates the magic of childhood – the wonder in exploring the playground and the joy of building sandcastles – while introducing its students to words, colors and numbers. The goal is to make learning fun!

MEC offers services that most preschool or day care centers don’t, including family advocates to help families access community resources and strengthen parenting skills and a computer lab for parents. They also have a therapy room with certified staff for children who need individual training such as speech therapy.

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

O’CONNELL HIGH SCHOOL Since 1847, O’Connell College Preparatory School has been educating the hearts and minds of young adults in Galveston. As the oldest Catholic high school in the state of Texas, it is imperative we maintain this tradition.

The mission of the school seeks to develop competence, conscience, and compassion in our students through a challenging program of spiritual, academic, social and extra- curricular activities.

Offering grades 9-12, O’Connell provides individualized attention, challenging advanced curriculum and strong moral guidance creating a learning environment that empowers students to realize their goals and ambitions.

Education Overview

SATORI ELEMENTARY SCHOOL Satori School serves children in Pre-K through seventh grade, in small multi-age classes. Each class has a two-grade level and a maximum of fourteen students with a credentialed teacher. The multi-age classroom creates a supportive learning environment for all students. The nurturing school environment is fostered by daily direct experience in learning communication skills and practicing problem solving The school serves 30-35 children pre-kindergarten through sixth grade in small, multi-age classes.

TRINITY EPISCOPAL SCHOOL The mission of Trinity Episcopal School is to nurture and educate children in a God-centered environment, filling hearts and minds with a passion for learning, a strong moral foundation, a commitment to social responsibility, and respect for all people.

At Trinity, students are taught in self-contained classrooms in Beginning School and Lower School with some team teaching. Middle School is fully departmentalized in Grade Six, Seven and Eight.

A student’s academic achievement, personal growth, and leadership traits are actively encouraged by a dedicated and demanding faculty.

Trinity seeks teachers who are knowledgeable, enthusiastic, caring, exhibit growth and a joy of learning in their own life and possess integrity. While their talents are diverse, they share a common goal— a commitment to the personal and academic growth of each student.

Accredited by the Southwestern Association of Episcopal Schools and the Independent Schools Association of the Southwest, Trinity’s 220 students range from 2 years of age to eighth grade.

UPWARD HOPE ACADEMY Upward Hope Academy is a fully accredited, tuition- free private high school. Its mission is to create a supportive classroom environment for students who are determined to complete the requirements for a high school diploma. A blended program of classroom and online support provide a strong STEM-oriented curriculum. More than 450 students have been guided through this personalized program.

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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GALVESTON COLLEGE AND GALVESTON ECONOMIC DEVELOPMENT PARTNERSHIP #gcmakeitreal

MAKE IT

REAL!

REAL SKILLS. REAL CAREERS. REAL FUTURES.

GALVESTON COLLEGE GC.EDU | 409-944-4242

Education Overview

GALVESTON COLLEGE

Scheduled for completion in the summer of 2020, Galveston College has embarked on the development of the Abe and Annie Seibel Foundation Student Residences. This project will construct seven units designed to resemble the historical homes of Galveston. The project is funded with the generous support of the Abe and Annie Seibel Foundation, which also provided a significant capital expansion grant for the Abe and Annie Seibel Foundation Wing, allowing students and the community to gather for events ranging from civic, collegiate and evenings of powerful educational enrichment.

In fall 2019, Galveston College entered its 53rd year of service to the Galveston region, providing affordable higher education and career training since opening its doors in September of 1967. From its beginnings, in the former Saint Mary’s Orphanage, Galveston College has blossomed into a dynamic community college covering two locations.

Galveston College offers associate degrees, technical certificates, continuing education for professional and personal development, and customized training for business and industry. Offerings include academictransfer programs for students who plan to pursue bachelor’s degrees and workforce programs for many of the area’s most in-demand careers.

 GALVESTON COLLEGE FAST FACTS

The college experienced a historic milestone in the fall of 2019. For the first time, Galveston College now offers its first bachelor’s degree - the Bachelor of Applied Science in Healthcare Management. This program currently has a full cohort of students with a waiting list and plans to expand in the future.

The Galveston College Board of Regents formulates and adopts policies that effectively guide the organization and operation of the college district. The board, representative of the citizenry of the Galveston Community College District, consists of nine members elected by position at-large. Members serve six-year terms.

TUITION (full-time student, 12 credit hours)

FULL-TIME FACULTY

48

CLASSIFIED STAFF

16

ADMINISTRATIVE STAFF

37

PROFESSIONAL/ TECHNICAL STAFF

55

ADJUNCT FACULTY

52

PART-TIME STAFF

1ST BACHELOR OF APPLIED SCIENCE DEGREE: HEALTHCARE MANAGEMENT

Galveston College is prepared to offer additional technical programs within this center as they are identified for the Galveston workforce.

621

Galveston College endeavors to provide access to higher education and training to every student that wants it. A full-time student (12 credit hours) who resides in the college district will pay tuition and fees of $839 per semester, making Galveston College one of the most affordable higher education opportunities in Texas.

ENROLLMENT (fall 2018)

58

The second location, the Charlie Thomas Family Applied Technology Center, (7626 Broadway Boulevard) opened in September 2013.

This center consists of four buildings with technical programs in Cosmetology, Welding Technology, Heating Ventilation & Air Conditioning, Electronics & Electrical Technology, Pipefitting, and Medical Administration.

GRADUATES RECEIVED

SOURCE: Galveston College

Galveston College ended its 52nd year in May 2019 with a recordsetting commencement ceremony, graduating 621 students with 721 degrees and certificates.

$839

EMPLOYMENT

Galveston College has two locations. The Main campus (4015 Avenue Q) located between 39th and 41st streets includes additional parking, apartments and housing for student-athletes in surrounding areas. The Main Campus features six major buildings: Moody Hall, Regents Hall, Mary Moody Northen Center, Fine Arts Building & Sarah H. Hermes Fitness Center, Eudine Meadows Cheney Student Center and the Abe and Annie Seibel Foundation Wing.

A special program of the Galveston College Foundation called Universal Access, which has received national and statewide recognition, provides 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 additional scholarships to students annually.

2,451

721 ASSOCIATE DEGREES AND CERTIFICATES (2018)

BOARD OF REGENTS Karen Flowers Chairwoman Fred D. Raschke Vice Chairman Michael B. Hughes Secretary Armin Cantini Raymond Lewis Jr. Mary Longoria Carl E. Kelly Rebecca Trout Unbehagen Carroll G. Sunseri

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NEW ADVENTURES AWAIT. START YOURS TODAY.

MARINE BIOLOGY MARINE FISHERIES MARINE SCIENCES OCEAN & COASTAL RESOURCES MARITIME BUSINESS ADMINISTRATION MARINE TRANSPORTATION MARINE ENGINEERING TECHNOLOGY

OCEAN ENGINEERING INTERDISCIPLINARY ENGINEERING MULTIDISCIPLINARY ENGINEERING TECHNOLOGY MARITIME STUDIES OCEANS & ONE HEALTH TOURISM & COASTAL COMMUNITY DEVELOPMENT MARINE ENVIRONMENTAL LAW & POLICY

WWW.TAMUG.EDU

Education Overview

TEXAS A&M UNIVERSITY AT GALVESTON Texas A&M University at Galveston is an ocean- oriented branch campus of Texas A&M University which educates nearly 2,300 undergraduate and graduate students in a unique blend of marine and maritime programs, including majors in science, business, engineering, liberal arts and transportation. It is the primary component that fulfills the sea-grant portion of Texas A&M’s land-, sea-, space-grant mission and has nearly $10 million annually in research expenditures.

Texas A&M-Galveston is also home to the Texas A&M Maritime Academy, one of seven in the U.S. and the only academy integrated into a Tier 1 academic institution, which trains over 300 cadets annually for maritime service and employment around the world. The Galveston Campus is ideally located directly on Galveston Bay where is it surrounded by the industry, environment and programs essential to fulfilling its special-purpose mission.

 TAMUG FAST FACTS

2,300 ENROLLMENT

425 CADETS

63 STUDENT ORGANIZATIONS SOURCE: TAMUG

» The Primary fulfiller of Texas A&M’s sea-grant mission » No. 1 Maritime Management Master’s Program in the U.S. » 1 of 7 Maritime Academies in the U.S. and only one on Gulf Coast » 1st U.S. Maritime Academy to offer dynamic positioning certification » Only undergraduate Marine Biology degree in Texas » 1 of 3 Collegiate Diving Programs in the Nation

HIGHLIGHTS » Texas A&M-Galveston’s Masters in Maritime Business Administration and Logistics was named the #1 Maritime Management master’s program in the United States by the Eduniversal Group. » The Texas A&M Maritime Academy became the 1st U.S. academy to offer dynamic positioning certification through the Offshore Service Vessel Dynamic Positioning Authority (OSVDPA). » Creation of the Gulf Center for Sea Turtle Research to address the data gaps and research needs to conserve sea turtles in Texas, the western Gulf and through the Gulf of Mexico. The Center, through a part The Texas A&M Maritime Academy became the 1st U.S. academy to offer dynamic positioning certification through the Offshore Service Vessel Dynamic Positioning Authority (OSVDPA). » The devastating effects of Hurricane Harvey led to increased awareness of our Center for Texas Beaches & Shores, Texas A&M-Galveston’s oncampus research center dedicated to the conservation and protection of the Texas shoreline, bays and waterways through innovative research in cooperation with government and private sector agencies.

INCREASING OPPORTUNITIES THROUGH PARTNERSHIPS Thanks to partnerships with the Texas A&M University College of Engineering, Texas A&M-Galveston was able to increase and enhance engineering offerings to include:

» Ocean Engineering – A combination of civil, mechanical and electrical engineering with naval architecture and applied oceanography

» Interdisciplinary Engineering – A blend of engineering and marine sciences to prepare students to solve engineering problem while taking into account the unique challenges associated with the marine environment

» Multidisciplinary Engineering – Has an emphasis in marine mechatronics, a multidisciplinary field that includes a combination of electrical, mechanical, communications, control and marine engineering technology

A partnership with the University of Texas Medical Branch allows Texas A&M-Galveston students to pursue an undergraduate degree in Oceans and One Health and a master’s degree in Clinical Sciences through UTMB within five years.

Finally, a partnership with the Texas A&M University College of Education allows Texas A&M-Galveston students to minor in Applied Learning in Science, Technology, Engineering and mathematics (STEM) and pursue a teaching certification alongside their degree.

PROGRAMS ON THE GALVESTON CAMPUS » Marine Biology * arine Fisheries »M »M arine Sciences * »O cean & Coastal Resources »M aritime Business Administration »M arine Transportation * »M arine Engineering Technology * »O cean Engineering » Interdisciplinary Engineering » Multidisciplinary Engineering »M aritime Studies »U niversity Studies with Concentration in: • Oceans and One Health • T ourism and Coastal Community Development • Marine Environmental Law and Policy Available Minors » C linical Laboratory Sciences »D iving Technology and Methods »M arine Biology »M aritime Business Administration »O cean and Coastal Resources » Oceanography »A pplied Learning in STEM (leading to a teacher certification) »A nd many more!

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Education Overview

UNIVERSITY OF TEXAS MEDICAL BRANCH From the time the University of Texas Medical Branch (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 Biomedical Sciences steadily increasing since 2008.

To accommodate that growth and help address critical health care workforce shortages in Texas, UTMB completed a new Health Education Center on the Galveston Campus Summer 2019. This new addition features a simulation center enabling students to practice a wide range of skills in a low-risk, high-realism environment.

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.

HIGHLIGHTS » Critical “real-world’’ educational opportunities provided to students in the state-of-the-art Jennie Sealy Hospital in Galveston, the hospital on League City Campus and models of care in a community hospital setting offered at Angleton Danbury Campus » For the third consecutive year, UTMB has been named a winner of the prestigious 2019 Vizient Bernard A. Birnbaum, MD, Quality Leadership Award, one of 11 academic health science centers in the U.S. to be recognized for quality patient care.

HEALTH CARE For more than 125 years, UTMB has been educating generations of health care professionals, making world-changing discoveries through ground-breaking research, and providing compassionate, state-of-theart, lifesaving health care to a rapidly growing patient population.

The 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 Clear Lake, 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.

RESEARCH + INNOVATION UTMB has attracted some of the finest researchers in the world. In fields ranging from emerging infectious diseases, biodefense, vaccine development and 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 was recognized worldwide during an Ebola outbreak in West Africa in 2014. Since then, UTMB’s scientists have been leaders in 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 was completed in 2017. The addition of 93,000 square feet of critically needed space supports UTMB’s ability to attract and retain the kind of top scientists who will find tomorrow’s treatments and cures. The $42 million expansion was made possible by Permanent University Fund support.

 UTMB FAST FACTS

1,226 GRADUATES (20180

3,372

971

STUDENTS (fall 2018)

FACULTY

611

35,578

RESIDENTS IN TRAINING

HOSPITAL DISCHARGES

1,164,470 OUTPATIENT ENCOUNTERS

6,453

87,956

NEW TEXANS DELIVERED

EMERGENCY DEPARTMENT PATIENTS

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

49

HOUS VICTORY LAKES MEDICAL COMPLEX LEAGUE CITY

NASA – JOHNSON SPACE CENTER

ECONOMIC DEVELOPMENT ALLIES

EMERGING TECHNOLOGY It is an exciting time to be located within Galveston and Galveston County for emerging technology initiatives. Our region possesses abundant resources and attributes that are in place to support growing this sector of our economy. A history of innovation and entrepreneurship, multiple world-class institutions, and connectivity to the greater Houston emerging technology cluster are just a few of the assets that differentiate our area for future growth and development.

INDUSTRY CLUSTERS POSITIONED FOR GROWTH » Maritime

» Energy

» Sports

» Life Sciences

» Environmental

» Aerospace

» Bio Tech

» Resilience

» Autonomous Technologies

TAMUG MBI

 INNOVATION INDEX FOR U.S. COUNTIES

109.2

181

HEADLINE INDEX

RANK (out of 3,110 counties) 50

100

109.2

Headline Index Human Capital & Knowledge Creation Index

123.5 96.5

Business Dynamics Index

90.1

Business Profile Index

119.2

Employment and Productivity Index

114.7

Economic Well-Being Index (SOURCE: Statsamerica.org)

50

Index Value

Median Value

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

UTMB – GALVESTON

UTMB CUSTOMS HOUSE INCUBATOR

STON INNOVATION & ENTREPRENEURSHIP

INNOVATION INTERSTATE

GALVESTON COLLEGE

PETROCHEMICAL COMPLEX TEXAS CITY

GALVESTON ISD

THE INNOVATION INTERSTATE (i2) - A COLLABORATIVE The Innovation Interstate (i2) supports the entire emerging technology cluster along the corridor from South Beltway 8 to Galveston. This effort is envisioned to unite wherever emerging technology is occurring throughout Galveston County and beyond.

The principal of the i2 initiative is to build a high tech innovation and commercialization ecosystem – leveraging the strengths of our region: » Advance and serve multiple industries/sectors » Enhance the regional economy and create quality, primary jobs » Grow the regional reputation as a great place to live, to work and to be an entrepreneur

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51

Emerging Technology

UTMB RESEARCH HIGHLIGHTS »H ome to the only national lab in Texas and one of two national biocontainment labs in the United States dedicated to developing treatments, vaccines and diagnostics to combat infectious threats to health, such as Ebola and the Zika virus. »O ne of the 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 second university in the Western Hemisphere and the seventh in the world to receive this designation from WHO. »U TMB 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:

GALVESTON CENTER FOR TECHNOLOGY AND WORKFORCE DEVELOPMENT UTMB CUSTOMS HOUSE The Galveston Center for Technology and Workforce Development is being developed as a catalyst facility positioned to energize technology transfer and commercialization resulting from research and development cultivated through the University of Texas Medical Branch at Galveston.

This initiative is developed to stimulate the establishment and growth of technology based startup companies and other compatible businesses.

This effort will contribute to job creation and provide for enhanced economic health to the region. Emerging Technology sectors eligible to participate with and through the Center include: Energy, Maritime, Environmental, Resilience, Aerospace, Autonomous Systems and Sports Tourism (Sports Med/Tech).

This Center will provide new and emerging technology and compatible businesses with an environment that supports their start-up phase and increases their likelihood of success. This Center includes facility space, flexible leases, shared use of common office equipment, business assistance and guidance, mentoring, networking to capital, and other technical resources. A network of existing resources in the community will be developed to support incubator client needs.

Our mission is to stimulate the establishment and growth of technologybased start-up companies and to increase the number of successful companies originating and developing in the area. Emerging Technology companies will gain access to mentors, training, shared space, professional assistance, capital, and other services that will move them onto the fast track to success. By fulfilling our mission, we contribute to job creation and enhanced economic health in the region

52

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

»W orking with the GEDP and diverse stakeholders, UTMB translates discoveries made in labs and clinics to products and interventions that improve health. Integrated programs: train a workforce skilled in entrepreneurship, mentor investigators as they navigate the commercialization pathway, and provide incubation facilities to develop innovative technology. » C onducting cutting-edge research aimed at reducing memory problems associated with Alzheimer’s disease and studying potential links between traumatic brain injuries and neurodegenerative disorders.

Emerging Technology

UTMB - OFFICE OF TECHNOLOGY TRANSFER The Office of Technology Transfer is charged with the management of the University of Texas Medical Branch’s Intellectual Property assets, while promoting and encouraging scientific research. This mission includes identification, evaluation, protection and commercialization of UTMB’s Intellectual Property.

The Office of Technology Transfer offers the following services to UTMB’s researchers: » Intellectual Property Management » Marketing and Licensing of UTMB’s Intellectual Property » Agreement Negotiation

EMERGING TECHNOLOGY SUPPORT GENERATED TO DATE » City of Galveston has recognized GEDP as the lead facilitator for Emerging Technology for Galveston in their adopted Economic Development Plan » V ISION Galveston has completed phase one of their Strategic Plan highlighting Entrepreneurship and Emerging Technology as Key Targets for Galveston’s Future (Galveston’s Philanthropic Community) »U TMB has recognized GEDP as lead facilitator for the implementation of Incubator Facilities within their control » T exas A&M University at Galveston has initiated a new effort for promoting and supporting enhanced emerging technology initiatives – ie Blue Economy/Resilience

» Commercialization » Business Development – Collaboration » Training and Workshops

 UTMB OFFICE OF TECHNOLOGY TRANSFER FY 2019 METRICS (September 1, 2018-August 31, 2019)

$17.3M

» I nnovation Interstate formed 18 months ago, facilitated by the GEDP and League City Regional Chamber, and embraced by communities along the I-45 Corridor (Galveston County) with principal supporters including Galveston County, Bay Area Houston Economic Partnership (ties in with Johnson Space Center and Ellington Field Spaceport), League City, Texas City and multiple education/healthcare facilities within Galveston County. [To date approximately 50 emerging technology companies have been identified within Galveston County] » R egional Resource Providers have been approached to support Galveston efforts

LICENSE REVENUE

26

3

U.S. PATENTS ISSUED

START-UPS FORMED Between 2013-2019, there have been 18 start-ups formed.

» L ocal Professional Service Providers have been aligned to support emerging technology start-up companies and grow with this emerging sector

COMMUNITY SUPPORT/RESOURCES Primary community support is most evident in the ongoing initiative of the Innovation Interstate. This effort has developed a communication linkage of regional allies and their respective entities in agreeing to participate and articulate the strengths and opportunities of making emerging technology development feasible.

As a component of this initiative, two separate roundtables have been formed to harness support for emerging companies. The first roundtable is comprised of Professional Service Providers from within Galveston County. These representatives have agreed to join together in an effort to mentor and provide guidance to emerging companies. The second roundtable is comprised of Regional Resource Providers from across the Houston-Galveston region. These representatives have expressed a willingness to join together in an effort to mentor and provide guidance to emerging companies.

Growing human lungs in a lab with techniques that may spearhead groundbreaking advances in regenerative medicine; these experiments recently have been replicated aboard the International Space Station GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

53

Severe weather can strike at any time.

Are you ready? ✓ Get Insurance

Make sure you have insurance to cover BOTH windstorm AND flood. TWIA policies only cover wind and hail damage, they do not cover flood damage.

✓ Avoid Surprises

Check what your property insurance policies cover and what they do not before a storm. Talk to your agent annually about the coverage level that is right for you.

✓ Take Pictures

Have photo documentation of your home and personal property and keep your important documents together for quick access.

TWIA is an insurance association that offers wind and hail coverage for properties on the Texas coast.

We are here to help after a storm. TWIA policyholders can report a claim 24 hours a day at (800) 788-8247 and online at www.twia.org/claimscenter.

TexasWindstormInsurance

Business Continuity

T

he GEDP developed a Business Continuity Resource Guide for the Galveston business community to utilize as part of their Disaster Toolkit.

Becoming familiar with the content and completing the forms included within will help business owners increase the odds that their business will make it through the next disaster.

The guidebook will assist with the following: »O utline what actions may be taken to minimize the disruptive effects of a disaster on operations;

»U nderstand the differing roles and responsibilities of government and business owners in private sector disaster recovery; » P rovide information needed to develop a comprehensive business disaster continuity plan.

THE IMPORTANCE OF CONTINUITY PLANNING Ask any business owner why they are in business. If not at the top of the list then inevitably close to the top will be the obvious answer – to stay in business and make money. The reasons for this are as obvious as they are age old – to cover mortgage payments, the children’s college tuition, to obtain the amenities required not only to live, but to enjoy life.

... Preparing a continuity plan will help the small-business owner minimize potential losses and anticipate the actions they will need to take in the event of a disaster.

As the name implies, a continuity plan is a premeditated strategy for continuing business in the event of a disaster. While never a guarantee that a business affected by disaster will go completely unscathed, preparing a continuity plan will help the small-business owner minimize potential losses and anticipate the actions they will need to take in the event of a disaster. A continuity plan is not a contingency plan. It does not attempt to spell out in detail who must do what in the event of a specific contingency – such as a store fire, robbery attempt, or power failure – although it may be quite helpful for a business owner to write down step-by-step procedures for dealing with each of these emergencies.

The continuity plan focuses on procedures for minimizing potential losses and ensuring a speedy recovery from disaster.

GEDP DISASTER RECOVERY/ BUSINESS CONTINUITY TASK FORCE The GEDP Disaster Recovery/Business Continuity Task Force, chaired by Gale Burkett, is addressing these critical issues: RESILIENCE – DISASTER PREPAREDNESS/RECOVERY – BUSINESS CONTINUITY

» Texas Coastal Study

» Business Continuity

» Business Recovery

» Allies/Resource Providers

THE ROLE OF GOVERNMENT IN PRIVATE SECTOR DISASTER RECOVERY Most federal and state programs focus on restoring community infrastructure and ensuring that housing needs are met. The Small Business Administration (SBA) may offer loans to business owners damaged by a disaster to make necessary repairs. Other federal and state programs may be available after a disaster, including Economic Development Administration resources, but these funds are typically not available to small business owners. While local, state, and federal disaster recovery employees will work with small business owners after a disaster, on the whole, most post-disaster recovery resources are not designed to help a small business owner get back in business.

Even though a business owner may benefit greatly from government sponsored disaster recovery programs, such as the SBA disaster loan program, business owners are mostly on their own when it comes to remaining in business. This is why it is critical for all business owners to take steps to reduce their vulnerability and understand the steps that must be taken in the aftermath of a disaster – before a disaster strikes.

These issues can be questioned and covered through the development of individual business continuity plans. The GEDP Disaster Recovery Guide has been developed specifically to assist your enterprise in assessing your vulnerability and highlighting critical information that will be useful in your continuity planning effort.

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

55

Mission-critical solutions for a dynamic world

Who We Are

Founded in 1986 by Gale and Jean Burkett, GB Tech has been providing technical services and IT support to government and commercial clients for decades. Our foundational experience with NASA and other aerospace giants shaped our approach to business: All work is mission-critical â&#x20AC;&#x201C; failure is simply not an option. This commitment to our clients and a constant pursuit of excellence has fueled us for the last 30 years.

We offer a wide variety of services with a focus on IT services and software security testing, as well as project management, logistical support, and on-site surveillance and security solutions. Our goal is simple: to provide you with mission-critical support in a dynamic, constantly changing world.

Time Tested

GB Tech brings you more than 30 years of experience in IT support. Our clients range from small businesses in the Houston area to NASA and government contractors. Our people thrive in the face of new challenges and donâ&#x20AC;&#x2122;t see failure as an option.

Our Services Our solutions are custom-tailored to fit the needs of our clients, and our experience is wide-ranging and covers a variety of industries. Whether you’re a financial institution looking to improve its processes or a shipping company aiming for improved logistics and warehouse security, GB Tech can design and implement the solution you need.

IT Services • Professional Network Services • Unified Communications

Get in Touch If you recognize the risks and obstacles that impede your business mission and care about finding the right solution to the challenges your business faces, GB Tech could be a perfect fit for you. We’d love to discuss what our team can do to help you prepare for the future.

• Business Continuity • Help Desk Support • Cloud Services • Virtualization

Corporate Office: 2200 Space Park Drive, Suite 400 Houston, TX 77058

• Mobile Device Management

Galveston Office:

Software Quality & Security • Software Quality Assurance / Verification & Validation • Secure Application Development • Third Party Application Assurance • Web Application Security

Other Services • Logistics • Project Management • IT Infrastructure • Surveillance & Security

2200 Market Street, Suite 326 Galveston, TX 77550

Galleria Office: 1800 Bering, Suite 110 Houston, TX 77057

281.333.3703 www.gbtech.net

A message from the County Judge

GALVESTON COUNTY IS LED BY THE COMMISSIONERS COURT

O

n behalf of my fellow Commissioners and the citizens of Galveston County Texas, I am honored to welcome you to this 2019 GEDP edition of the GEDP Developer Profile magazine.

I am convinced that Galveston County is the best place to start or expand your business in Texas.

MARK HENRY Galveston County Judge

With Galveston Countyâ&#x20AC;&#x2122;s unique position between the Texas Gulf Coast and the City of Houston, weâ&#x20AC;&#x2122;re the ideal location for your business.

Our geography is your strategic advantage. It means that your business can benefit from synergies and economies of scale unimaginable anywhere else. Whether you are in aerospace, advanced manufacturing, energy, biotechnology and life sciences, maritime, or transportation and logistics, Galveston County is located in the center of it all.

Additionally, our inexpensive open-land for industrial development, outstanding quality of life, abundant jobs, probusiness environment, strong educational institutions, and vibrant economy offer the keys to your success.

As we strive to enhance the power of our location, skilled workforce, economic resources, and infrastructure to make Galveston County the very best in the world, I invite you to come build your business, and your future, here with us.

DARRELL APFFEL County Commissioner, Precinct 1

JOE GIUSTI County Commissioner, Precinct 2

STEPHEN HOLMES County Commissioner, Precinct 3

KEN CLARK County Commissioner, Precinct 4

HONORABLE MARK HENRY Galveston County Judge

Whether you are in aerospace, advanced manufacturing, energy, biotechnology and life sciences, maritime, or transportation and logistics, Galveston County is located in the center of it all.

Main: 722 Moody Avenue, Galveston, Texas 77550 (409) 762-8621

58

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

North County Annex: 174 Calder Road, League City, Texas 77573

Galveston County Overview  SALES TAX REVENUES TRENDS 2014-2018 Galveston County YEAR

GROSS SALES

AMOUNT SUBJECT TO STATE TAX

OUTLETS

2014

21,532,372,387

3,389,642,735

9,786

2015

17,527,216,289

3,603,872,039

10,177

2016

15,656,463,422

3,720,227,986

10,736

2017

19,362,146,590

3,862,478,763

10,472

2018

19,685,127,212

4,169,681,030

10,254

17th LARGEST COUNTY IN TEXAS

2

378.36

4

10

TOTAL LAND AREA (square miles)

17

350,000+ 8

18

RESIDENTS (square miles)

14 16

3 11

VILLAGES 13. Tiki Island

9 1

$40,999,748,731

Assessed Net

$40,223,913,107

Taxable

$30,686,499,260

Freeze Adj Taxable

$28,026,564,750

Property Count

194,270

NEW VALUES added to Rolls

$742,269,461

20

15

 PROPERTY TAX VALUES Galveston County Appraised

19

12

Market $41,359,571,979

21

13

6

7

CITIES

5

1. Bayou Vista 2. Clear Lake Shores 3. Dickinson 4. Friendswood 5. Galveston 6. Hitchcock 7. Jamaica Beach 8. Kemah 9. La Marque 10. League City 11. Santa Fe 12. Texas City

CENSUS DESIGNATED PLACES 14. Bacliff 15. Bolivar Peninsula 16. San Leon UNINCORPORATED AREAS 17. Algoa 18. Bayview 19. Crystal Beach 20. Gilchrist 21. High Island

Source: Galveston CAD

G

alveston 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 more than 351,000 residents.

» Comprehensive pipeline distribution network – vast network of pipelines that carry more than 30 raw and finished materials between Texas and beyond.

Galveston County is:

» Home to the Port of Galveston and Port of Texas City

» A great place for logistics

The population is projected to continue growing as Galveston County maintains its position as a regional leader in healthcare, education, maritime, engineering, tourism and institutional excellence.

» Proximity to country’s 4th largest city – Houston » Over 515 million people within 2,000 miles » Strategically located connected by air, rail, road and water » Adjacent to the Intracoastal Waterway – a 3,000-mile inland waterway connecting the Atlantic to the Gulf Coast » Ideal location for staging, manufacturing, assembly, transportations and base of operations

The foundation of this projected growth is built upon quality infrastructure, abundant natural and historic resources, exceptional quality of life and world-class education, healthcare 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.

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59

Galveston County’s W

e’re in the place you want to be: Galveston County is a great place for logistics. Galveston County is located in Greater Houston, Texas: the center of North America, and the center of the world. We’re equidistant from both the East and West Coasts by air, road, and rail, and located on the Intracoastal Waterway, a 3,000-mile inland waterway along the Atlantic and Gulf Coasts, that connects to several navigable rivers with inland ports, including the Mississippi, Alabama, Savannah, James, Susquehanna, Delaware, Hudson, and Connecticut rivers.

351,110

1.67%

88.9%

30.8%

POPULATION

2019-24 POPULATION GROWTH RATE

HIGH SCHOOL GRADS OR MORE

BACHELOR DEGREE OR MORE

311,699 DAYTIME POPULATION

185,928

WORKERS

RESIDENTS

49%

51%

MALE

FEMALE

38.5 MEDIAN AGE

2.66 AVERAGE HOUSEHOLD SIZE

$213,040

95.4

MEDIAN HOME VALUE

COST OF LIVING INDEX

152,519 TOTAL HOUSING UNITS

85.3% OCCUPIED

62.6% WHITE COLLAR

18% SERVICES

19.4% BLUE COLLAR

5.10% UNEMPLOYMENT RATE 60

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

57.7%

OWNER OCCUPIED

27.6%

RENTER OCCUPIED

$70,790

$35,861

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

Source: ESRI Business Analyst, 2019; CHMURA Jobseq

125,771

Key Facts  CITIES IN GALVESTON COUNTY RANKED BY THE HIGHEST PROPERTY TAX VALUES

14 OF THE TOP 20 TAXPAYERS FOR GALVESTON COUNTY ARE INDUSTRIAL COMPANIES.  TOP TAXPAYERS TAXPAYER NAME

Source: ESRI Business Analyst, 2019; CHMURA Jobseq

Blanchard Refining Co LLC

TAXABLE VALUE $1.36B

Valero Refining-Texas LP

$430.2M

Union Carbide Corp

$206.5M

Texas-New Mexico Power Co

$203.5M

Praxair Inc

$184.7M

Centerpoint Energy Houston

$121.6M

BP Amoco Chemical Co

$118.4M

ISP Technologies Inc

$93.8M

Galveston Outlets LLC

$77.3M

South Houston Green Power LP

$69.7M

Komatsu America Corp

$69.1M

Comcast Of Houston LLC

$63.3M

Eastman Chemical Texas City Inc

$57.2M

Praxair Inc

$49.6M

Fertitta Hospitality Inc

$45.4M

Dow Chemical Company

$42.4M

Ineos Styrolution America LLC

$41.2M

Valero Marketing & Supply Co

$39.3M

Amalfi & Sorrento Prop LLC LGA Sunnyvale LC Lincoln Mt A

$38.5M

Union Pacific Railroad Co

$38.4M

Source: Galveston Central Appraisal District (GCAD)

MARKET

2019 TAXABLE VALUE (less all exemptions, appeals & freezes)

PROPERTY COUNT

Galveston County

$41,359,571,979

$28,026,564,750

194,270

League City

$11,299,762,921

$7,666,705,708

43,044

City of Galveston

$9,510,156,364

$5,991,297,581

35,221

Texas City

$7,020,076,595

$5,247,217,920

24,457

Friendswood

$3,864,604,612

$2,483,175,144

12,729

Bolivar

$1,412,510,719

$1,298,401,076

15,923

Dickinson

$1,314,845,358

$907,766,655

9,606

La Marque

$1,155,534,297

$847,959,021

10,592

Santa Fe

$1,062,906,113

$686,796,263

7,434

Hitchcock

$575,721,536

$410,547,993

6,526

Tiki Island

$505,921,577

$367,212,689

1,308

San Leon

$472,068,050

$389,240,202

5,654

Jamaica Beach

$421,820,683

$361,617,809

1,642

Kemah

$414,915,728

$340,729,510

1,788

Bacliff

$382,200,453

$352,566,618

4,352

Bayou Vista

$276,930,235

$174,387,119

1,316

Clear Lake Shores

$282,661,084

$206,906,981

1,677

Bayview

$102,849,221

$92,399,598

873 Source: Galveston CAD

 NEW PROPERTIES ADDED TO ROLLS

8%

3%

COMMERCIAL

11,144

TOTAL BUSINESSES

134,449 TOTAL EMPLOYEES

INDUSTRIAL

85% RESIDENTIAL $683,497,980 NEW VALUES ADDED TO ROLLS

Cities with the most businesses 1. League City

2,857

2. Galveston

2,559

3. Texas City

1,522

4. Friendswood

1,336

5. La Marque

583

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

61

Galveston County Economic Development

PROFESSIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS IN GALVESTON COUNTY MISSION The mission of Galveston County’s economic development department is to lead and support efforts to recruit, retain and expand business and industry in Galveston County.

GALVESTON COUNTY ECONOMIC DEVELOPMENT STAFF Dane Carlson, Director Tyler Robert, Coordinator 409-766-2541/409-526-6776 (cell) 409-766-2521 dane.carlson@co.galveston.tx.us tyler.robert@co.galveston.tx.us 131 Pecan Drive, League City, TX 77573

 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

Brenda Flanagan

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

Scott Jones

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

Dane Carlson

Executive Director, Economic Development

www.galvestoncountytx.gov/ed

409-766-2541

Galveston Economic Development Partnership

Jeffrey Sjostrom

President

www.gedp.org

409-770-0216

City of Galveston

Garrett McLeod

Economic Development Coordinator

www.galvestontx.gov

409-797-3695

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

Sean Hutchison

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.villageoftikisland.org

409-935-1427

62

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

Galveston County Economic Climate

INFRASTRUCTURE Roads, railroads, pipelines, and deep-water ports are essential building blocks of the Galveston County economy. Our infrastructure is unmatched:

2

DEEPWATER PORTS (and easy access to 2 more)

3

FOREIGN TRADE ZONES

UNRIVALED ACCESS TO A VAST PIPELINE DISTRIBUTION NETWORK

4

RAILROADS Union Pacific (Class I), BNSF (Class I), Texas City Terminal Railway Company (Short Line), Galveston Railroad (Short Line)

3

ELECTRIC POWER PROVIDERS

1

INTERSTATE HIGHWAY

4

STATE HIGHWAYS

FUTURE TERMINATION LOCATION OF GRAND PARKWAY

TARGET INDUSTRIES » Aerospace » Biomedical » Corporate & Regional Headquarters » Downstream Oil & Gas, and Chemical Manufacturers » Foreign Direct Investment » Maritime » Metalworking and Manufacturing » Plastics Galveston County maintains a robust information center that includes listings of area accolades, frequent blogs impacting the County economy and resources like the Galveston County Business Startup Guide.

These resources can be made available either through contacting Galveston County Economic Development or visiting www.developgalvestoncounty.com.

BAHEP meets the needs of Texas industry in southeast Harris County and Galveston County. Discover how we can help you with your relocation or expansion efforts.

832.536.3255 www.bayareahouston.com GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

63

Community Profiles Fast Facts are compiled by the GEDP through various resources.

 BAYOU VISTA FAST FACTS

1,816

 CLEAR LAKE SHORES FAST FACTS

.46

.70

TOTAL LAND AREA (square miles)

TOTAL LAND AREA (square miles)

1.87%

POPULATION (2019 ESRI estimate)

1,137

2019-24 POPULATION GROWTH RATE

871

57

814

DAYTIME POPULATION

WORKERS

RESIDENTS

52%

48%

57.8

MALE

FEMALE

95.6%

MEDIAN AGE

37.3%

HIGH SCHOOL GRADS OR MORE

1.44%

POPULATION (2019 ESRI estimate)

2019-24 POPULATION GROWTH RATE

1,408

889

DAYTIME POPULATION

BAYOU VISTA 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 westnorthwest of Galveston and 35 miles from Houston.

BACHELOR’S DEGREE OR MORE

53%

RESIDENTS

47%

MALE

53

FEMALE

98.9%

MEDIAN AGE

56.5%

HIGH SCHOOL GRADS OR MORE

1,184

519

WORKERS

BACHELOR’S DEGREE OR MORE

631

TOTAL HOUSING UNITS

TOTAL HOUSING UNITS

78.8% 63.9% 14.9%

89.7% 63.4% 26.3%

$247,512

1.94

$325,806

$57,471

$97,667

OCCUPIED UNITS

OWNER OCCUPIED

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$90,949 MEDIAN HOUSEHOLD INCOME

CLEAR LAKE SHORES 15.4%

7.9%

WHITE COLLAR

BLUE COLLAR

SERVICES

1.6% UNEMPLOYMENT RATE 2019 GEDP DEVELOPER PROFILE // GEDP.ORG

OWNER OCCUPIED

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 much 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.

RENTER OCCUPIED

2.01

MEDIAN HOME VALUE

PER CAPITA INCOME

76.6%

64

OCCUPIED UNITS

RENTER OCCUPIED

AVERAGE HOUSEHOLD SIZE

$62,122

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

78.4%

14.3%

7.2%

WHITE COLLAR

BLUE COLLAR

SERVICES

3.4% UNEMPLOYMENT RATE

Community Profiles

 DICKINSON FAST FACTS

 FRIENDSWOOD FAST FACTS

20.9

10.3

TOTAL LAND AREA (square miles)

TOTAL LAND AREA (square miles)

21,660

1.31%

POPULATION (2019 ESRI estimate)

41,105

2019-24 POPULATION GROWTH RATE

17,295

5,325 11,970

DAYTIME POPULATION

50% MALE

WORKERS

RESIDENTS

50%

36

FEMALE

83%

MEDIAN AGE

20.3%

HIGH SCHOOL GRADS OR MORE

1.38%

POPULATION (2019 ESRI estimate)

2019-24 POPULATION GROWTH RATE

30,381 9,277 21,104

DAYTIME POPULATION

DICKINSON 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.

BACHELOR’S DEGREE OR MORE

WORKERS

49%

51%

MALE

41.3

FEMALE

95.8%

MEDIAN AGE

50.3%

HIGH SCHOOL GRADS OR MORE

8,021

RESIDENTS

BACHELOR’S DEGREE OR MORE

14,747

TOTAL HOUSING UNITS

TOTAL HOUSING UNITS

94.8% 65.1% 29.7%

97.6% 78.1% 19.5%

$176,626

2.83

$298,765 MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$29,965

$107,151

$50,294

OCCUPIED UNITS

OWNER OCCUPIED

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$67,063 MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

57.7%

21.1%

18.2%

WHITE COLLAR

BLUE COLLAR

SERVICES

5.8% UNEMPLOYMENT RATE

OCCUPIED UNITS

RENTER OCCUPIED

FRIENDSWOOD 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.

OWNER OCCUPIED

RENTER OCCUPIED

2.84

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

74.8%

13.1%

12.1%

WHITE COLLAR

BLUE COLLAR

SERVICES

4.5% UNEMPLOYMENT RATE GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

65

Community Profiles

 GALVESTON FAST FACTS

 HITCHCOCK FAST FACTS

41.22

92.1 TOTAL LAND AREA (square miles)

53,956

TOTAL LAND AREA (square miles)

1.21%

POPULATION (2019 ESRI estimate)

7,769

2019-24 POPULATION GROWTH RATE

81,944 52,785 29,159

DAYTIME POPULATION

WORKERS

51%

RESIDENTS

49%

MALE

39.7

FEMALE

84.8%

MEDIAN AGE

30.1%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

1.91%

POPULATION (2019 ESRI estimate)

GALVESTON Founded in 1839, Galveston is a community rich in history and opportunity. Its economic base includes one of the finest deepwater 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’s 32 miles of beaches, historic downtown district, year-round cruise terminal and numerous attractions and special events sustain its bustling tourism industry. Galveston’s quality of place and diversity, in both its people and its industries, create an abundance of growth opportunities.

2019-24 POPULATION GROWTH RATE

6,673

1,988

DAYTIME POPULATION

48%

RESIDENTS

52%

MALE

37.5

FEMALE

83.8%

MEDIAN AGE

11.4%

HIGH SCHOOL GRADS OR MORE

35,415

4,685

WORKERS

BACHELOR’S DEGREE OR MORE

3,206

TOTAL HOUSING UNITS

TOTAL HOUSING UNITS

63.2% 27.4% 35.8%

91.2% 62.7% 28.5%

$210,794

2.28

$151,609

$29,500

$53,960

OCCUPIED UNITS

OWNER OCCUPIED

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$47,917 MEDIAN HOUSEHOLD INCOME

HITCHCOCK 15.9%

WHITE COLLAR

BLUE COLLAR

27.9% SERVICES

7.3% UNEMPLOYMENT RATE 2019 GEDP DEVELOPER PROFILE // GEDP.ORG

OWNER OCCUPIED

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.

RENTER OCCUPIED

2.65

MEDIAN HOME VALUE

PER CAPITA INCOME

56.1%

66

OCCUPIED UNITS

RENTER OCCUPIED

AVERAGE HOUSEHOLD SIZE

$24,478

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

48.8%

28.3%

22.9%

WHITE COLLAR

BLUE COLLAR

SERVICES

7.5% UNEMPLOYMENT RATE

Community Profiles

 JAMAICA BEACH FAST FACTS

1,254

 KEMAH FAST FACTS

.77

1.8

TOTAL LAND AREA (square miles)

TOTAL LAND AREA (square miles)

2.02%

POPULATION (2019 ESRI estimate)

2,234

2019-24 POPULATION GROWTH RATE

807

156

DAYTIME POPULATION

651

WORKERS

52%

RESIDENTS

48%

MALE

56.3

FEMALE

98.5%

MEDIAN AGE

43.8%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

JAMAICA BEACH 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.

OWNER OCCUPIED

$311,702 MEDIAN HOME VALUE

MEDIAN HOUSEHOLD INCOME

48%

RESIDENTS

52%

MALE

40.9

FEMALE

90.8%

MEDIAN AGE

29.2%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

953

85.6% 48.8% 36.8%

7%

OCCUPIED UNITS

RENTER OCCUPIED

OWNER OCCUPIED

1.97

$217,308

$59,036

$76,733

65.8%

18.9%

15.3%

WHITE COLLAR

BLUE COLLAR

SERVICES

AVERAGE HOUSEHOLD SIZE

$41,148

MEDIAN HOUSEHOLD INCOME

KEMAH 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.

RENTER OCCUPIED

2.74

MEDIAN HOME VALUE

PER CAPITA INCOME

6.7% UNEMPLOYMENT RATE

1,312

WORKERS

TOTAL HOUSING UNITS

AVERAGE HOUSEHOLD SIZE

$81,732

5,119

DAYTIME POPULATION

1,677

OCCUPIED UNITS

2019-24 POPULATION GROWTH RATE

6,431

TOTAL HOUSING UNITS

37.9% 30.9%

1.65%

POPULATION (2019 ESRI estimate)

PER CAPITA INCOME

73%

16.5%

10.5%

WHITE COLLAR

BLUE COLLAR

SERVICES

6.7% UNEMPLOYMENT RATE GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

67

Community Profiles

 LA MARQUE FAST FACTS

18,816

 LEAGUE CITY FAST FACTS

14.25

53

TOTAL LAND AREA (square miles)

TOTAL LAND AREA (square miles)

1.81%

POPULATION (2019 ESRI estimate)

111,214

2019-24 POPULATION GROWTH RATE

2.13%

POPULATION (2019 ESRI estimate)

2019-24 POPULATION GROWTH RATE

LA MARQUE 16,035

4,633 11,402

DAYTIME POPULATION

WORKERS

49%

RESIDENTS

51%

MALE

40.5

FEMALE

86.4%

MEDIAN AGE

12.6%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

7,585

The City of La Marque, in Galveston County, is 15 miles south of Houston and four miles north of Galveston Island.

La Marque is the second-fastest- growing city in the County with an estimated population of over 18,000, an area of 14.25 square miles and boasting 14.3 miles of I-45 frontage — more than any other city in Galveston County.

Citizens enjoy easy, breezy coastal living, abundant housing options and the security of a hurricane protection levee system. La Marque is a sportsman’s paradise and offers access to world-class medical, travel and entertainment opportunities. Citizens and visitors enjoy Bayou Fest, a fall concert series and BBQ Cook-Off providing free family fun; Magical Winter Lights, a 52-day holiday lantern festival; and Crawfish Bash. For business, La Marque offers prime I-45 frontage, creative incentives, an abundance of commercial property, a budding downtown revitalization and build-to-suit opportunities. La Marque is the Gateway to the Gulf and the Hub of the Mainland.

77,465 24,088 53,377

DAYTIME POPULATION

49%

92%

$122,507 MEDIAN HOME VALUE

95.8%

MEDIAN HOUSEHOLD INCOME

MEDIAN AGE

45.7%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

40,530

97.9% 74.2% 23.7% OCCUPIED UNITS

RENTER OCCUPIED

OWNER OCCUPIED

RENTER OCCUPIED

2.68

$241,601 MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$25,502

$101,382

$43,025

AVERAGE HOUSEHOLD SIZE

$51,907

36.2

FEMALE

TOTAL HOUSING UNITS

65.9% 26.1% OWNER OCCUPIED

RESIDENTS

51%

MALE

TOTAL HOUSING UNITS

OCCUPIED UNITS

WORKERS

2.79

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

PER CAPITA INCOME

LEAGUE CITY 51%

25.2%

23.8%

WHITE COLLAR

BLUE COLLAR

SERVICES

10.10% UNEMPLOYMENT RATE 68

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

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.

73%

15%

12%

WHITE COLLAR

BLUE COLLAR

SERVICES

3% UNEMPLOYMENT RATE

GATEWAY TO THE GULF

$76,958

105,326

2019 RTA Average Household Income

I-45

2024 Population Projection in RTA

FM 1764

FM 2004

Texas Ave

Hwy 146

Hwy 3

I-45

15.33%

City Population Growth 2010 - 2019

14 Miles of frontage on the expanding Interstate 45 corridor, two major rail lines and quick access to deep water ports, major airports and Houston’s petrochemical industry. And, all of it is behind a hurricane protection levee.

Tap into Galveston’s expanding tourism and cruise industries. Growing residential development with 8,000 new single-family homes. $IB in local infrastructure improvements over next 10 years. Direct road access from I-45, SH 146, SH 3, FM 519.

Pro business & offering creative development incentives. Seeking industrial support, clean manufacturing, pharmaceutical, hotels, grocery.

WE MEAN BUSINESS.

VISIT LMEDC.COM FOR STATS � 15 Miles south of Houston, 4 miles north of Galveston � Global shipping from air, road, rail and port � Traffic Counts at I-45 & FM 1764 - 98,226 AADP � 4 independent school districts, 4 nearby colleges � Federal Opportunity Zone tracts with 45 frontage

Schedule a tour with ALEX GETTY. 409-938-9258, agetty@lmedc.com

Community Profiles

 SANTA FE FAST FACTS

14,444

 TEXAS CITY FAST FACTS

17.3

85.6

TOTAL LAND AREA (square miles)

TOTAL LAND AREA (square miles)

1.73%

POPULATION (2019 ESRI estimate)

2019-24 POPULATION GROWTH RATE

10,293

2,437 7,856

DAYTIME POPULATION

WORKERS

50%

RESIDENTS

50%

MALE

41.7

FEMALE

91.3%

MEDIAN AGE

50,298

SANTA FE Santa Fe, incorporated in 1978, is a growing community in the heart of Galveston County that truly enjoys the best of three worlds. Located 5 miles west of I-45, Santa Fe is a rural bedroom community free of the congestion of the big city. Just a 20-minute jaunt to the south, one can enjoy the beaches, seasonal activities and lifestyle of Galveston Island. Turn to the north, and in just 20 minutes, you can experience the culture of the fourth largest city in the nation in Houston. Three major highways run through the city, as well as the Burlington Northern Santa Fe Railroad. Santa Fe is a city that “Honors the past and imagines the future”.

12.6%

HIGH SCHOOL GRADS OR MORE

1.24%

POPULATION (2019 ESRI estimate)

2019-24 POPULATION GROWTH RATE

46,444 16,927 29,517

DAYTIME POPULATION

WORKERS

48%

52%

MALE

MEDIAN AGE

13.8%

HIGH SCHOOL GRADS OR MORE

5,661

37.6

FEMALE

82.2%

BACHELOR’S DEGREE OR MORE

RESIDENTS

BACHELOR’S DEGREE OR MORE

20,328

TOTAL HOUSING UNITS

TOTAL HOUSING UNITS

95.9% 74.8% 21.1%

90.7% 52.3% 38.4%

$199,700

2.66

$135,640

$34,768

$52,820

OCCUPIED UNITS

OWNER OCCUPIED

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$73,760 MEDIAN HOUSEHOLD INCOME

TEXAS CITY 26.8%

12.4%

WHITE COLLAR

BLUE COLLAR

SERVICES

4.5% UNEMPLOYMENT RATE 2019 GEDP DEVELOPER PROFILE // GEDP.ORG

OWNER OCCUPIED

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.

RENTER OCCUPIED

2.67

MEDIAN HOME VALUE

PER CAPITA INCOME

60.8%

70

OCCUPIED UNITS

RENTER OCCUPIED

AVERAGE HOUSEHOLD SIZE

$24,880

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

50.4%

24.9%

24.7%

WHITE COLLAR

BLUE COLLAR

SERVICES

6.6% UNEMPLOYMENT RATE

Community Profiles

 TIKI ISLAND FAST FACTS

 BOLIVAR PENINSULA FAST FACTS

42.5

.75 TOTAL LAND AREA (square miles)

1,120

TOTAL LAND AREA (square miles)

1.62%

POPULATION (2019 ESRI estimate)

2,792

2019-24 POPULATION GROWTH RATE

1.58%

POPULATION (2019 ESRI estimate)

2019-24 POPULATION GROWTH RATE

VILLAGE OF TIKI ISLAND 733

132

DAYTIME POPULATION

601

WORKERS

53%

RESIDENTS

47%

MALE

61.5

FEMALE

97.6%

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.

OWNER OCCUPIED

$445,385

29.4%

BACHELOR’S DEGREE OR MORE

3,014

42.1% 32.7%

5.6%

OCCUPIED UNITS

RENTER OCCUPIED

2.03

AVERAGE HOUSEHOLD SIZE

$130,421

$87,196 PER CAPITA INCOME

85.4%

9.3%

5.3%

WHITE COLLAR

BLUE COLLAR

SERVICES

1.7% UNEMPLOYMENT RATE 72

54.8

MEDIAN AGE

TOTAL HOUSING UNITS

MEDIAN HOME VALUE

MEDIAN HOUSEHOLD INCOME

47%

86.1%

TOTAL HOUSING UNITS

OCCUPIED UNITS

RESIDENTS

FEMALE

HIGH SCHOOL GRADS OR MORE

1,039

1,292

WORKERS

MALE

BACHELOR’S DEGREE OR MORE

53.2% 47.6%

868

DAYTIME POPULATION

53%

MEDIAN AGE

55.5%

HIGH SCHOOL GRADS OR MORE

2,106

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

OWNER OCCUPIED

$252,656 BOLIVAR PENINSULA The Bolivar Peninsula is located in the eastern most part of Galveston County at the entrance between Galveston Bay and the Gulf of Mexico. Free public ferries link the 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.

9.4%

RENTER OCCUPIED

2.2

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$57,120

$34,370

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

45%

34.7%

20.3%

WHITE COLLAR

BLUE COLLAR

SERVICES

1.7% UNEMPLOYMENT RATE

Community Profiles

 BACLIFF FAST FACTS

10,543

 SAN LEON FAST FACTS

2.5

4.9

TOTAL LAND AREA (square miles)

TOTAL LAND AREA (square miles)

1.85%

POPULATION (2019 ESRI estimate)

6,744

1,072

DAYTIME POPULATION

76.5%

BACHELOR’S DEGREE OR MORE

3,992

TOTAL HOUSING UNITS

91.2% 58.1% 33.1% OWNER OCCUPIED

$139,541

RENTER OCCUPIED

2.9

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$50,975

$24,851

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

47.7%

28.6%

23.6%

WHITE COLLAR

BLUE COLLAR

SERVICES

5.8% UNEMPLOYMENT RATE

First developed as a summer seaside retreat community named “Clifton by the Sea,” Bacliff 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 Once a scattered row of bayside homes located along the waterfront of Galveston Bay off state Highway 146, Bayview today 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.

SAN LEON Located on a peninsula just east of the city of Dickinson, this small town of nearly 6,000 people primarily support the 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. San Leon is currently home to the Railean Distillery, the only heavy spirits manufacturer in the county.

RESIDENTS

48%

MALE

BACLIFF

3,111

WORKERS

52%

MEDIAN AGE

18.2%

HIGH SCHOOL GRADS OR MORE

684

DAYTIME POPULATION

35.7

FEMALE

2019-24 POPULATION GROWTH RATE

3,795

RESIDENTS

49%

MALE

1.9%

POPULATION (2019 ESRI estimate)

5,672

WORKERS

51%

OCCUPIED UNITS

5,977

2019-24 POPULATION GROWTH RATE

44.9

FEMALE

77.7%

MEDIAN AGE

17.3%

HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

2,926

TOTAL HOUSING UNITS

83.5% 59.8% 23.7% OCCUPIED UNITS

OWNER OCCUPIED

$166,200

RENTER OCCUPIED

2.45

MEDIAN HOME VALUE

AVERAGE HOUSEHOLD SIZE

$60,038

$33,667

MEDIAN HOUSEHOLD INCOME

PER CAPITA INCOME

38.9%

34.8%

26.3%

WHITE COLLAR

BLUE COLLAR

SERVICES

5.5% UNEMPLOYMENT RATE GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

73

Game Ch

Galveston is blessed with an abundance of dedicated individuals who daily exhibit their commitment to the Island and continually invest in making Galveston a better place. The GEDP is introducing a new recognition program that is envisioned to annually shine a light on those who are relentlessly pursuing paradigm shifting activities for strengthening our private and public sectors. Investing in Galveston’s tax base and expanding the opportunities for new jobs, the GEDP is proud to recognize the following

2019 PRIVATE SECTOR GAME CHANGERS KEITH BASSETT

DENNIS BYRD

DARRELL CARNEY

JEROME KARAM

WILLIS GANDHI

TODD SULLIVAN

dis·rup·tive ... Radically reconfiguring a particular field of business, as by implementing new technologies or a more competitive business model American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company.

74

2019 GEDP DEVELOPER PROFILE // GEDP.ORG

hangers

Galveston’s Public Sector also must be recognized in the renaissance of this island. Over the past 20 years, the GEDP, has witnessed significant strides being made from our beachfront to the port. In between we are in the midst of a city that is investing more today in neighborhoods, infrastructure and parks than in any time in the recent past. Recognition would not be complete without also including those in our Education and Healthcare sectors who have shown vision and purpose in moving their institutions forward to Galveston’s and Galveston County’s benefit. The GEDP is proud to recognize the following

2019 PUBLIC SECTOR GAME CHANGERS KELLY DE SCHAUN

PATRICK LOUCHOUARN

BRIAN MAXWELL

KELLI MOULTON

RODGER REES

RANDY URBAN

CONGRATULATIONS TO THE INAUGURAL 2019 GAME CHANGERS! BE A GAME CHANGER

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

75

Projects On the Horizon

T

hrough City investment, partnerships and community support, Galveston made significant progress in 2018 and has a bright vision for the future. Galveston is fortunate to have a healthy economic base anchored by maritime, health care, education and tourism. In 2018 important steps were made toward improving Galveston’s standing in each area and there are no signs of slowing down. The City of Galveston has prioritized infrastructure, neighborhoods and parks as the foundation for progress. This is evident across the island, from new lighting in neighborhoods to the revitalization of Market Street. In recent years the City has redeveloped corridors on 27th, 43rd, 51st, 53rd and 61st streets. When analyzing projects or initiatives, the City of Galveston first questions how these activities will benefit Galvestonians. Looking forward, the City sees continued progress with the community and City Council working together toward a shared vision.

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1. 59th Street Pump Station – complete; Close-Out Procedures Ongoing 2. Fire Station #1 – Substantial Completion reached August 2019 3. Market Street Improvements – 19th St. to 25th St. – complete 4. Market Street Improvements – 25th St. to 33rd St. – approaching complete 5. Harborside Drive Improvements – 95% complete 6. Demolition of incinerator and concrete cap construction 7. 27th Street Streetscape Improvements Broadway to Ave. O – complete (changed character of neighborhood and traffic this area. Phase 2 underway from Ave. O to Seawall)

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2019 GEDP DEVELOPER PROFILE // GEDP.ORG

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Projects On the Horizon

GALVESTON COLLEGE - STUDENT HOUSING Scheduled for completion in the summer of 2020, Galveston College has embarked on the development of the Abe and Annie Seibel Foundation Student Residences. This project will construct seven units designed to resemble the historical homes of Galveston. The project is funded with the generous support of the Abe and Annie Seibel Foundation, which also provided a significant capital expansion grant for the Abe and Annie Seibel Foundation Wing, allowing students and the community to gather for events ranging from civic, collegiate and evenings of powerful educational enrichment.

GALVESTON ISD BOND PROJECTS Galveston voters approved a $31 million bond in 2018, providing funds for renovations at Galveston ISD elementary schools, middle schools, and Ball High School; improvements to district support facilities; upgrades to football, baseball, and softball facilities; 20 new schools buses and 15 fleet vehicles; and safety, security and technology upgrades for every Galveston ISD campus.

PARKER ELEMENTARY – Demolition of old gym will begin soon.

The new gym built will be attached to the school.

SPOOR FIELD RENOVATIONS – Installation of new synthetic turf, repair and refurbish running track.

DISTRICT-WIDE – GISD has plans to purchase approximately 20 school buses and other fleet vehicles.

TOR BASEBALL & SOFTBALL FIELDS – GISD installed synthetic turf on both boys’ baseball and girls’ softball fields.

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Projects On the Horizon

TEXAS CITY Texas City has a broad array of exciting projects in development. Examples would include Lago Mar Crystal Lagoon and Boardwalk retail and dining center. Industrial projects are in development for Next Decade LNG, Eastman, Oil Tanking and Pro Energy.

6TH STREET REVITALIZATION PROJECT 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.

TEXAS CITY INTERNATIONAL TERMINAL Texas City International Terminal Shoal Point Container project is planned as a cargo container terminal with state-of-the-art facilities.

The site has acquired its US Army of Corps of Engineers permits. The City of Texas City has an agreement with SSA Marine to develop and operate the terminal through a lease.

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.

The Texas Department of Transportation is designing for construction a fly over that would allow direct connection from this facility to Interstate 45 allowing for quick connection to the Houston and central US markets.

Rail is provided by two major railroads: Union Pacific and Santa Fe/ Burlington Northern.

SHOAL POINT CARGO CONTAINER TERMINAL Texas City is working with a private group to develop a Cargo Container Terminal within the Texas City Port at Shoal Point. This project is also known as the Texas City International Terminal.

The Terminal will eventually have six berth areas roughly 1,000 feet each with state-of-the-art cranes, over 400 acres of container yard with potential for additional. The terminal will be developed in three phases depending on speed of occupancy and demand.

DOWNTOWN LA MARQUE REVITALIZATION PLAN This report (PDF) was commissioned by the La Marque Economic Development Corporation to explore the current conditions of the historic downtown located on Laurel Street, from Bayou Road to Yupon Drive, and also includes 1st Street, from Bayou Road to TX-3. La Marque is experiencing a Renaissance.

The city’s leaders are committed to citywide revitalization projects, one of which is the historic Renaissance District.

Drawing from feedback provided to us by focus groups and the community, this effort will be driven by the principles of placemaking, walkability, and accessibility for the community’s aging population.

This project will also help create an attractive destination for La Marque residents and help refocus development toward the City’s urban core.

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Mitchell Historic Properties

PAST MEETS PRESENT

3rd Floor Office Space

Hutchings-Sealy Building, 2328 Strand

Executive Office Lobby

Washington Building, 2228 Mechanic

2nd Floor Office Space

Old Galveston Square, 2217 Strand

For Leasing Information, Call (409) 761-4110 Or Visit www.MitchellHistoricProperties.com

Projects On the Horizon

FRIENDSWOOD » Two industrial sites sold/leased in Industry Park Development, located at FM 2351 and Hope Village Road to E Squared Marine – 8,065 sq. ft., and Site One Landworx, 7,020 sq. ft. » Benzi Garage Condos Phase I just opened at FM 2351 and Hope Village Road. When complete, it will be 139,000 sq. ft. » Virgata Commons commercial center will soon open near FM 518 and FM 528. The first phase of development of over 30,000 square feet includes Chick-Fil-A, Jersey Mike’s, Chipotle Mexican Grill, Mod Pizza, and Orange Theory Fitness. Phase II will include an additional 36,000 square feet of development » The face of downtown Friendswood is changing with over 200,000 square feet of new development planned or underway that includes: a 63,400 square foot 4-story office building underway at 501 S. Friendswood Drive » A 4-story 130,000 square foot building planned at 408 S. Friendswood Drive next to the Friendswood Library » New development underway at Oak Tree for the expansion of Friendswood Dermatology’s office building » TXDOT is partnering with the City of Friendswood and Friendswood Downtown Economic Development Corporation to install new sidewalks, curbs, ramps, and Traffic Mast Arms in downtown Friendswood

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Projects On the Horizon

UNIVERSITY OF TEXAS MEDICAL BRANCH

UTMB – LEAGUE CITY CAMPUS HOSPITAL EXPANSION Expansion of the League City Campus Hospital, which opened in June 2016, is underway. UTMB is in the process of adding 123,000 square feet to increase inpatient capacity to 97 beds and provide space for related services. The new hospital tower will open in 2020.

UTMB – PRIMARY & SPECIALTY CARE CLINIC Project Size: 26,000 square feet.

Cost: approx. $ 8.8 million

UTMB is expanding its services in the League City area with a new clinic for primary and specialty care. The new clinic is scheduled for completion November 2019.

UTMB – JOHN SEALY HOSPITAL RENOVATIONS Significant interior and exterior renovations to John Sealy hospital are underway, thanks to a major grant from the Sealy & Smith Foundation. Exterior renovations will update the facade to resemble the new Jennie Sealy hospital and interior renovations will expand and modernize patient rooms and infrastructure improvements to support technological advancements. Completion is expected in 2020.

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Projects On the Horizon

DID YOU KNOW?

The Community Banks of Galveston/Galveston County recently were recognized among the Top 25 Largest Houston-Area Community Banks, as listed in the Houston Business Journalâ&#x20AC;&#x2122;s ranking in late September 2019.

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TEXAS FIRST BANK

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The GEDP continues to promote the vital role these lenders play in making Galveston and Galveston County a better place to do business and in supporting our communities.

GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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Membership Directory American National Insurance Company Jim Pozzi www.anico.com

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

Galveston Wharves Rodger Rees www.portofgalveston.com

Bassett Family Interests Keith Bassett

Elliott Electric Supply Ricky Butts www.elliottelectric.com

GB Tech, Inc. Gale E. Burkett www.gbtech.com

Express Employment Professionals Mark Conrad www.expresspros.com

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

Bay Area Houston Economic Partnership Bob Mitchell www.bayareahouston.com Beachtown Galveston Corporation Tofigh Shirazi www.beachtowngalveston.com Best Western Galveston Willis Gandhi www.bestwestern.com Casa del Mar Theresa Elliott www.casadelmartx.com CenterPoint Energy Keith Gray www.centerpointenergy.com CenterPoint Energy-Economic Development Chad Carson www.centerpointenergy.com Chrysalis Biotherapeutics Darrell Carney www.chrysbio.com City of Galveston Mayor Jim Yarbrough www.galvestontx.gov Classic Auto Group Galveston Howie Bentley www.classicautogroupgalveston.com Coastal Solutions, Inc Marie Robb www.coastalsolution.com Commercial Metals Cesar Cienfuegos www.cmc.com

Farmerâ&#x20AC;&#x2122;s Alloy Fabricating Jason Farmer www.farmersalloy.com Frost Bank Stephen Maxwell www.frostbank.com Galveston Association Realtors Lesley Sommer www.thegalvestonmls.com Galveston College Myles Shelton www.gc.edu Galveston County Dane Carlson www.galvestoncountytx.gov Galveston County Navigation District #1 Dennis Byrd, Sr. www.galvestonnavigation.com Galveston Historical Foundation Dwayne Jones www.galvestonhistory.org Galveston Independent School District Kelli Moulton www.gisd.org Galveston Insurance Associates Garry Kaufman www.gia-tx.com Galveston Island Park Board of Trustees Kelly de Schaun www.galvestonparkboard.org

Ham,Langston & Brezina LLP Mark Rush www.hlb-cpa.com Herc Rentals Samantha Ramos www.hercrentals.com Hilltop Securities, Inc. Don Burrows www.baainvest.com Home Life Builders John Paul Listowski www.homelifebuilders.net Hometown Bank of Galveston Jimmy Rasmussen www.htbna.com Hotel Galvez Marty Miles www.wyndham.com Industrial Material Supply Jayson Levy www.industrialmaterial.com Insurance Junction Terrilyn Tarlton-Shannon Island Famous Dennis Byrd, Jr. www.islandfamous.com ITEX Group Chris Akbari www.itexgrp.com

Loza & Loza, LLP Mark Cooper www.lozaip.com

Galveston Regional Chamber of Commerce Gina Spagnola www.galvestonchamber.com

J. W. Kelso Company, Inc. John W. Kelso www.texasgulfconstruction.com

Creative Photography Manny Chan www.mannychan.com

Galveston Restaurant Group Johnny Smecca www.galvestonrestaurantgroup.com

JMK5 Holdings Jerome Karam www.jeromekaram.com

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Membership Directory Joe Tramonte Realty, Inc. V. J. Tramonte www.tramonterealty.com John Manlove Marketing & Communications John Manlove www.johnmanlove.com Kahala Development, LP Debbie Reinhart Kempner Capital Management Harris L. Kempner, Jr. www.kempnercapital.com Kirby Advertising Debbie Kirby www.kirbyadvertising.com M. J. Naschke Public Relations Mary Jo Naschke Malin International Ship Repair & Drydock, Inc Chris Beeson www.malinshiprepair.com Martin Midstream Partners, L.P. Damon King www.martinmidstream.com Mihovil Photography Robert J. Mihovil www.mihovil.com Mills Shirley, LLP Fred D. Raschke www.millsshirley.com Mitchell Historic Properties Joe Rozier www.mitchellhistoricproperties.com Moody Gardens Hotel, Spa & Convention Center John Zendt www.moodygardenshotel.com Moody National Bank Victor Pierson www.moodybank.com Nickâ&#x20AC;&#x2122;s Kitchen/ Gaidoâ&#x20AC;&#x2122;s Seafood Restaurant Nick Gaido www.gaidos.com

Prosperity Bank Tom LaRue www.prosperitybankusa.com/ loc-galveston.aspx Quiroga & Associates Roger Quiroga Rider & Wilson Bill Rider Rochkind Insurance Hal Rochkind www.insurancegalveston.com Sand `N Sea Properties, LLC Claire Reiswerg www.sandnsea.com Scholes International Airport at Galveston Michael Shahan www.galvestonairport.com Sealy & Smith Foundation Doug Rogers www.sealy-smith-foundation.org Sherwin-Williams Co. Billy Joe Strawn www.sherwin-williams.com

TelaForce, LLC Keith Palmer www.telaforce.com Texas A&M University at Galveston Col. Mike Fossum www.tamug.edu Texas First Bank Sean Doyle www.texasfirstbank.com Texas Gas Service Arthur Thomas www.texasgasservice.com The Galveston County Daily News Leonard Woolsey www.galvnews.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

South Land Title LLC Carolyn Sunseri www.southlandtitle.net

The Tremont House Hotel Marty Miles www.wyndham.com

Stephen G. Schulz, P.C. Stephen G. Schulz www.greerherz.com

Tolunay-Wong Engineers, Inc Greg Copeland www.tweinc.com

Stewart Title David J. Norris www.stewart.com/galveston

Turnkey Vacation Rentals Rashida Jolivet www.turnkeyvr.com/ vacation-rentals/texas/galveston

Sullivan Interests Todd Sullivan www.eviagalveston.com Sullivan Land & Cattle Company Rocky Sullivan www.sullivancompaniestx.com Sweetwater Cove Wade Kilpatrick www.sweetwatergalveston.com Teichman Group Kelly Teichman www.teichmangroup.com

University of Texas Medical Branch Dr. Ben Raimer www.utmb.edu Vaughn Construction Neal Skinner www.vaughnconstruction.com West Gulf Marine Keith & Bryan Fiegel Zero Six Consulting Bill Coltzer www.z6consulting.com GEDP.ORG // 2019 GEDP DEVELOPER PROFILE

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Advertiser Index

The GEDP would like to express our sincere appreciation to the 2019 Developer Profile sponsors.

We simply would not be able to provide this very useful publication without your support and participation.

SPONSOR/ADVERTISER NAME

WEBSITE ADDRESS

PAGE NUMBER

Bay Area Houston Economic Partnership

www.bayareahouston.com

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Bryan Museum

www.thebryanmuseum.org

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Centerpoint Energy

www.centerpointenergy.com

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City Of Galveston

www.galvestontx.gov

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Doubletree By Hilton Hotel

www.galvestonbeach.doubletree.com

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Express Employment Professionals

www.expresspros.com

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Galveston College

www.gc.edu

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The Galveston County Daily News

www.galvnews.com

inside back cover

Galveston Economic Development Partnership

www.gedp.org

inside front cover

Galveston Insurance Associates (GIA)

www.gia-tx.com

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Galveston Independent School District

www.gisd.org

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Galveston Island Park Board Of Trustees

www.galvestonparkboard.org

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Galveston Restaurant Group

www.galvestonrestaurantgroup.com

Galveston Wharves

www.portofgalveston.com

GB Tech

www.gbtech.com

Holiday Inn Express & Suites

www.hiexpress.com/galvestonbchtx

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Hometown Bank

www.htbna.com

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Industrial Material Corporation

www.industrialmaterial.com

Joe Tramonte Realty

www.tramonterealty.com

La Marque Economic Development Corporation

www.lmedc.com

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Mitchell Historic Properties

www.mitchellhistoricproperties

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Moody Bank

www.moodybank.com

Odyssey Academy

www.odyssey-academy.com

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Scholes International Airport

www.galvestonairport.com

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Sherwin Williams

www.sherwin-williams.com

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Stewart Title

www.stewart.com

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Texas A&M University at Galveston

www.tamug.edu

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Texas City Economic Development Corporation

www.texas-city-tx.org

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Texas Windstorm Insurance Association

www.twia.org

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University Of Texas Medical Branch

www.utmb.edu

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IN APPRECIATION GEDP also would like to extend our deep appreciation to several individuals and entities for their assistance in compiling this yearâ&#x20AC;&#x2122;s Developer Profile magazine: Debbie Kirby, Kirby Advertising Melissa Rivera, The Galveston County Daily News Robert Mihovil, Mihovil Photography And to all our partners, sponsors and others that contributed to the content of this yearâ&#x20AC;&#x2122;s 2019 Developer Profile magazine.

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