2017 GEDP Developer Profile by Galveston Ecodev

Table of

CONTENTS 3

GEDP OVERVIEW

CITY OF GALVESTON

GALVESTON COUNTY

DISASTER RESILIENCY

MARITIME

EDUCATION & HEALTH CARE

EMERGING TECH & HEALTH CARE

TOURISM

REAL ESTATE & COMMERCIAL

GEDP MEMBER DIRECTORY

ADVERTISERS INDEX

On the cover: Environmental art installations (murals) can be found in multiple locations across Galveston Island. Created by local artists, these murals are creating a new vibrancy to various areas of Galveston’s landscape. This collage was developed by Debbie Kirby with Kirby Advertising to illustrate a new sense of collective creativity emerging within our city.

Since 1999, through the public-private membership base of the GEDP, assistance has been provided including demographic and socio-economic information, utilization of a comprehensive Geographic Information System for project development activities, maintenance of an information clearinghouse, and economic climate assessments have been made available to those seeking to make Galveston a better place. Priority areas of investment include those projects capable of expanding or enhancing the core industries for the Galveston economic base: Maritime, Tourism, Education, Healthcare & Emerging Technology. Maximizing Galveston’s human, natural and financial resources, the GEDP remains committed to facilitating quality projects that work to expand Galveston’s employment and tax bases. Galveston is an island of opportunity and the GEDP looks forward to working with you on future projects.

The GEDP made every effort to ensure accurate and complete data, however, the information contained within this publication is provided solely for educational and informational purposes and should not be relied upon without first independently verifying the data. © 2017 Galveston Economic Development Partnership Galveston, Texas 409.770.0216

2017 GEDP Developer Profile

SECTION WELCOME HEADER

Welcome to the

2017 GEDP DEVELOPER PROFILE The Galveston Economic Development Partnership (GEDP) is pleased to present this 2017 Developer Profile for your review. This profile is intended to highlight the economic climate of Galveston and Galveston County.

VICTOR PIERSON 2017 – 2018 GEDP Chairman of the Board

…the climate of Galveston continues looking positive. Investments across the island include everything from the renourishment of our beaches to new facilities at Texas A&M University at Galveston.

2017 was a dynamic time for our region. First and foremost, on behalf of the GEDP, I extend our best wishes to all of those negatively impacted by Hurricane Harvey. Although Galveston emerged with minimal impacts, we know all too well the disruption and frustrations that come with rebuilding following a catastrophic event. It was heartening to see the heroic efforts that were made by so many in responding to this event. On a different note, the climate of Galveston continues looking positive. Investments across the island include everything from the renourishment of our beaches to new facilities at Texas A&M University at Galveston. City efforts were supported through approval of a new bond issue to keep their work moving forward. The community welcomed its first community pool, and historic buildings are being renovated across the downtown business district. Galveston is a historic city experiencing a renaissance of new activity and energy that is contagious. Regionally, several efforts are underway and continuing to build momentum. Storm Surge Suppression, transportation improvements and the replacement of the Pelican Island Bridge, and investments in health care and emerging technologies are creating opportunities for new strategic partnerships from Galveston Island, across Texas, and beyond. It is an exciting time to be in our region. Please take a few minutes and 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. Victor Pierson became the President of Moody National Bank in 2000, Chief Executive Officer in 2015 and Chairman of the Board in 2016. Mr. Pierson is active in numerous civic and industry boards and committees.

2017 GEDP Developer Profile 3

Mission-critical solutions for a dynamic world

Who We Are

Founded in 1986 by Gale and Jean Burkett, GB Tech has been providing managed services and IT support to the greater Houston area for decades. Our experience with NASA and other aerospace giants shaped our belief that all of our work should be mission-critical – failure is simply not an option. As we grew, expanding our operations to Galveston made sense. As one of the oldest ports on the Gulf of Mexico, Galveston has grown into one of the top logistical and cultural hubs in the state. GB Tech offers a wide variety of services, including a slate of IT services, software testing and application development solutions, and logistics and project management services. Due to the area’s vulnerability to hurricanes and flooding, Galveston businesses may be particularly interested in our business continuity and disaster recovery solutions.

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 don’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 • Business Continuity • Help Desk Support

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.

• Cloud Services • Virtualization • Mobile Device Management

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

Houston Office

2200 Space Park Drive, Suite 400 Houston, TX 77058

Galveston Office

2200 Market Street, Suite 326 Galveston, TX 77550

281.333.3703 www.gbtech.net

Did You Know...? • The GEDP has established a proven track record in developing and facilitating ideas, projects and initiatives beneficial to the greater Galveston region. • Membership in the Galveston Economic Development Partnership is open to anyone interested in being a part of the dynamic and ever-changing economic base of Galveston. • Members network and engage in business development opportunities across Galveston Island and beyond. • Each year the GEDP hosts an Economic Development Summit to allow community leaders, business owners, planners and members the chance to hear from a series of leaders discussing the state of our city and county. • As the leading economic force of Galveston, the GEDP has developed four working task forces. These task forces are led by volunteer chairs and members of the GEDP who give their time, talents and expertise to work for a better and stronger Galveston.

GEDP OFFERS THESE SERVICES • Information Clearinghouse • Project Evaluation and Facilitation • Permitting and Regulatory Assistance • Development and Project Structuring • Economic Climate and Project Development Information • Comprehensive Geographic Information System (GIS) • Evaluation of Economic Development Tools and Resources • Prospect Development, Due Diligence, Siting and Incentive/ Financing Evaluations

2017 GEDP Developer Profile

GEDP TASK FORCES MARITIME Chairs: Keith Palmer and John Kelso Missions: Economic Impact, Storm Surge Suppression Business Attraction, Retention, Diversification Pelican Island Bridge(s) & Transportation

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

TOURISM Chair: Johnny Smecca Missions: Workforce Development Corridor and Attractions Development Sports Tourism

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

elcome to this year’s edition of the Galveston Economic Development Partnership’s (GEDP) Developer Proﬁle magazine. As the Houston-Galveston region continues growing, Galveston County continues to be presented with the opportunity of leveraging regional assets for growth and development. One example is the growth of healthcare throughout Galveston County. This growth presents potential development opportunities for Galveston, League City and all points in between.

Collectively our arsenal includes: deep water maritime assets; improving road, rail and air infrastructure; increasing population base; and, a foundation of exemplary educational and healthcare entities. Increasing program offerings, new and renovated facilities and student populations all point to an exciting future for our area. In addition to this sector, the GEDP has maintained a focus on our Maritime and Tourism industries. Our Maritime Task Force initiated, designed and assisted in the implementation of a county-wide Maritime economic impact asJEFFREY SJOSTROM sessment. Appreciation to the City of Galveston, it’s Industrial Development Corporation President and Galveston County for funding this important work. Our Tourism Task Force continues exGEDP ploring the development of Sports Tourism to supplement our existing, over 6.5 million visitors annually industry. Leading this effort includes leadership from the Park Board, City, Texas A&M University at Galveston (TAMUG) and others. The benefits of this type of collaboration led the way for a new TAMUG degree program -Tourism and Coastal Community Development. Appreciation to Dr. Patrick Louchouarn of TAMUG for providing the leadership and vision in this effort. Regional impacts from Hurricane Harvey continue to impact our region. The GEDP has offered lessons learned from our experiences with Ike in 2008. Galveston has proven that preparedness mitigates financial loss and hardship. We also have seen that, from the devastation, rebuilding and recovery can result in better, stronger and more resilient communities. Our thoughts will remain with those affected by Harvey. The economic climate of Galveston, Texas is vastly improved from what it was when the GEDP was created in 1999. This positive growth is yielding multiple benefits to the residents, businesses and visitors of Galveston. It is with this knowledge that we welcome all who may have an interest in investing in Galveston and becoming a part of our exciting future!

STRATEGIC INVESTMENT AREAS

STRAND REDEVELOPMENT AREA

PORT/PELICAN ISLAND

GATEWAY - BROADWAY AREA

FALSTAFF – NORTH BROADWAY CORRIDOR

2017 GEDP Developer Profile 7

2017 OFFICERS CHAIRMAN Victor Pierson

TREASURER William Rider

Moody National Bank

Rider and Wilson

VICE CHAIRMAN VJ Tramonte

SECRETARY Gwen Wagner

Joe Tramonte Realty

IMMEDIATE PAST CHAIR Fred Raschke Mills Shirley LLP

CenterPoint Energy

2017 EXECUTIVE COMMITTEE MEMBERS Keith Bassett

Keith Palmer

Bix Rathburn

Bassett Family Retail Group

TelaForce

Howie Bentley

Maureen Patton

Galveston Regional Chamber of Commerce

Classic Auto Group Galveston

The Grand 1894 Opera House

Gale Burkett

Jim Pozzi

2017 EX-OFFICIO MEMBERS

GB Tech

American National Insurance Company

Michael Fossum

David Callender University of Texas Medical Branch - Galveston

Jimmy Rasmussen

Kelly deSchaun

Marie Robb

Galveston Island Park Board

Coastal Solutions

Jason Farmer

Johnny Smecca

Farmerâ&#x20AC;&#x2122;s Alloy

Leonard Hale Gulf Copper

John Kelso JW Kelso

Shrub Kempner Kempner Capital Management

2017 GEDP Developer Profile

Hometown Bank

Texas A&M University at Galveston

Brian Maxwell Galveston City Manager

Kelli Moulton

Gavleston Restaurant Group

Galveston Independent School District

Todd Sullivan

Myles Shelton

Sullivan Interests

Galveston College

Leonard Woolsey

Peter Simons

Galveston County Daily News

Port of Galveston

Jim Yarbrough

Gina Spagnola

Mayor of Galveston

Galveston Regional Chamber of Commerce

CITY OF GALVESTON

PROFILE

ECONOMIC

Superior

QUALITY OF LIFE

Diverse

MAJOR INDUSTRIES

Abundant

OPPORTUNITIES 2017 GEDP Developer Profile 9

Welcome to GALVESTON Investor confidence: Why is Galveston a great location for expanding, locating or diversifying business?

Galveston is a great coastal City and over these past few years, the City of Galveston has prioritized infrastructure, neighborhoods and parks as a foundation for moving forward. Issues and projects presented are examined from a perspective of how they impact local Galvestonians and what benefits will be delivered as a result of these initiatives. THE HONORABLE JAMES D. YARBROUGH Mayor of Galveston

"...the City of Galveston has prioritized infrastructure, neighborhoods and parks as a foundation for moving forward. Business retention, expansion and recruitment are a priority for the City of Galveston."

Business retention, expansion and recruitment are a priority for the City of Galveston. To be successful, the City must provide the foundation and framework to create the environment where existing and new enterprises feel confident that they have a partner in sustainable development opportunities and that the City is in for the long haul. Galveston is doing our part. This past year has seen a number of advances in improving the operations of the City and the infrastructure necessary for quality development and redevelopment. A few examples would include: new corridor redevelopment (27th, 43rd, 51st, 53rd, 61st Streets); new investments in quality of life amenities (community swimming pool, Lee and Joe Jamail Bay Park, enhancements to all city parks including the 53rd Street baseball complex, and more); renewed historic tax credit program and 380 Development Agreement policy for historic restoration and preservation; and, so much more. Galveston is investing more into our neighborhoods, infrastructure and parks today than we have for the past 20 years combined. As the Mayor of Galveston â&#x20AC;&#x201C; I am pleased about the overall progress that we, as a City, have made. I am excited about what the future holds and most of all, I am convinced that the best is yet to come!

Galveston City Council, 2017

PHOTO: Manny Chan

This publication was a collaboration between the City of Galveston and the Galveston Economic Development Partnership. For more information about the opportunities in the City of Galveston, please contact City Staff at 409-797-3500 or GEDP Staff at 409-770-0216 or visit www.galvestontx.gov or www.gedp.org.

2017 GEDP Developer Profile Profile 11 11

Why GALVESTON?

GALVESTON Galveston, founded in 1839, is a community rich in history and opportunity. Its economic base includes one of the finest deep water ports on the Gulf Coast, one of the largest insurance companies in the United States and one of the first medical schools and comprehensive medical centers in the state. Galveston also boasts 32 miles of beaches, a historic downtown district, a year-round cruise terminal and several attractions and festivals lending to a bustling tourism industry.

Galveston Island is located in the southern most covers approximately 41 square miles of land.

Publication a collaboration of the CIty of Galveston and the Galveston Economic Development Partnership

Contact:

2017 GEDP Developer Profile

City Staff GEDP Staff

part

Galveston County, 30 minutes south of Houston, 32 miles long and

409-797-3500 409-770-0216

www.galvestontx.gov www.gedp.org

r o i r e p u QUALITY OF LIFE S

DIVERSE POPULATION

Galveston enjoys a diverse daily population. On any given day it nearly DOUBLES due to its commuting workforce, college students, second homeowners and healthy tourism population.

Base Population.................... 50,550 2016 US Census, ACS population estimates

Additional Population

VISITORS

17,800 avg daily visitors based on

6.5M

visitors per year

COMMUTING EMPLOYEES

20,000

avg daily commuting workforce

Unlike many cities its size, Galveston has the distinct advantage of serving as home to three higher level educational institutions: • Galveston College  enrollment: 2,300 • Texas A&M University at Galveston  enrollment: 2,500 • University of Texas Medical Branch at Galveston  enrollment: 3,238

Galveston public schools offer a tremendous amount of instructional opportunities at its campuses with magnet programs dotting the district and numerous certification programs that allow students to secure living wage jobs before or after graduation. Middle schools offer a variety of Pre-Advanced Placement credits, and Ball High has access to free or discounted dual credit hours from Galveston College or a multitude of Advanced Placement classes. In addition, GISD offers a full slate of fine arts and athletic teams and programs. Galveston ISD serves about 7,000 students on Galveston Island and Bolivar Peninsula.

COLLEGE STUDENTS

8,000

attending UTMB, TAMUG and Galveston College

SECOND HOMEOWNERS

80%

on West End of Galveston

HOUSEHOLDS

ECONOMIC BASE

EDUCATION

Total Population 28.6 %

81.9 % HIGH SCHOOL GRADS OR MORE

BACHELOR’S DEGREE OR MORE

INCOME

SALES & PROPERTY TAX Galveston's current cumulative property tax assessment is approximately $ 2.445 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

Galveston County

0.546147

County Road & Flood

0.005753

City of Galveston

0.526

Galveston ISD

1.155

Galveston College

0.170250

Galveston County Nav. Dist. 1

0.041673

TOTAL

2.444823

Source: Galveston CAD, 2016 Tax Rates

SALES TAX REVENUES Housing units............... 32,875 Households.................. 20,320 occupied housing units

Families....................... 52.4 % Non-Families............... 47.6 % Avg.Household Size.......... 2.23 Avg.Family Size................ 3.04 Median Age................... 37.0

YEAR

Median Household Income.......................

$ 39,098

Avg. Household Income...................... $ 61,563 Median Family Income.......................

# OF AMOUNT SUBJECT OUTLETS TO TAX ($)

GROSS SALES ($)

2014

$1,752,130,689 $ 737,928,949

2015

$3,071,680,151 $ 754,232,430

1.852

2016

$1,675,869,885 $ 757,763,365

2,105

Source: State Comptroller

CONSTRUCTION PERMITS 2017 YTD (9/2017)

$ 51,763

Avg.Family Income...................... $ 76,947

1,823

# PERMITS

3,799

TOTAL Commercial

152

Mechanical

997

Residential

984

Swimming Pool

Demolition

Other

649

Electrical

929

Source: City of Galveston Planning Dept

Publication a collaboration of the CIty of Galveston and the Galveston Economic Development Partnership

Contact:

City Staff GEDP Staff

409-797-3500 409-770-0216

www.galvestontx.gov www.gedp.org

2017 GEDP Developer Profile 13

rse DiveMAJOR INDUSTRIES

TOP EMPLOYERS

WORKFORCE

COMPANY

Galveston Island represents the job center of Galveston County. With more than 36,000 jobs, Galveston maintains a healthy balance of commuter employees employed in various aspects of Galveston’s employment base. Current estimates indicate an unemployment rate of 5.1 percent for July 2016. Up slightly from December 2015, this rate has continued to decrease over the past five to six years.

# OF EMPLOYEES

1 UTMB1

7,864

2 Landry’s

1,688

3 Galveston County2

1,333

4 Galveston ISD

1,032

5 Moody Gardens3

1,008

6 ANICO

871

7 City of Galveston

753

8 Schlitterbahn3

508

9 ILA

465

(Local 20,1665,15048,1443)

10 Walmart

431

11 Texas A&M - Galveston

356

12 Mitchell Family Corp

337

Source: GEDP

TRANSPORTATION

The top employers in Galveston reflect the major industries of education and health care, tourism and hospitality, the public Sector, and the maritime industry. The University of Texas Medical Branch (UTMB) and Texas A&M University at Galveston (TAMUG) continue to project expansions (both in facilities and enrollments) in the coming years. UTMB is not only the largest employer in Galveston, but also the largest in Galveston County. The outlook of Galveston’s workforce aligns with those of the Texas Workforce Commission as projected in its projections for both the fastest growing industries and the industries adding the most jobs.

WORKFORCE 45,691 Workforce CONTRIBUTING TO GALVESTON'S ECONOMY

23,735

34,534 JOBS

LIVING & WORKING ON GALVESTON ISLAND

OF THE

34,534 JOBS ON GALVESTON ISLAND 21,956

LIVING ON

12,578 Workforce 11,157 Workforce LIVING & WORKING OFF GALVESTON ISLAND

Deepwater Port Foreign Trade Zone

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

AIRPORT Scholes International Airport Galveston Scholes has available property and hangars available

PROXIMITY TO ADDITIONAL AIRPORTS: • Ellington Field Houston, est. 33 miles from Galveston

• Houston Hobby

Houston, est. 40 miles from Galveston

• George Bush Intercontinental

Houston, est. 67 miles from Galveston

ON GALVESTON ISLAND

WORKERS GALVESTON ISLAND

Port of Galveston

12,578

36%

LIVE & WORK on GALVESTON ISLAND

64%

COMMUTE to GALVESTON ISLAND

RAILROAD • Galveston Railroad (GVSR) – Genesee Wyoming • Burlington Northern – Santa Fe (BNSF) • Union Paciﬁc (UP)

. .

Publication a collaboration of the CIty of Galveston and the Galveston Economic Development Partnership

Contact:

2017 GEDP Developer Profile

City Staff GEDP Staff

409-797-3500 409-770-0216

www.galvestontx.gov www.gedp.org

Abundant

OPPORTUNITIES

HEALTHCARE, EMERGING TECHNOLOGY & EDUCATION Home to the Univeristy of Texas Medical Branch, Galveston offers both access to quality health care and educational opportunities for health care trainees. From a regional healthcare perspective, UTMB's impact reaches well beyond its historic Galveston Campus to campuses in League City and Angleton Danbury—all designed to advance hope, healing and progress.

MARITIME ECONOMIC IMPACT The Maritime Sector in Galveston County is a diverse and resilient economic engine generating:

32,569 JOBS

approx. 41% of total County employment

Significant economic impact includes:

$ 66,283

•

$2 billion budget,

•

enrollment of 3,200 students

•

more than 12,900 employees statewide

•

AVERAGE EARNINGS per YEAR approx. 52% above average wage for County

Employing more than 9,000 people who work in the Galveston County region with an annual payroll of $662 million

• UTMB fosters collaboration as a member

$ 196 million

TAX REVENUE

$ 2.6 billion

TOTAL PERSONAL INCOME

of the Texas Medical Center

$ 7.7 billion

DIRECT BUSINESS REVENUE GENERATED per YEAR

MARITIME AND SUPPORT SERVICES FOR OFFSHORE OIL & GAS The Maritime sector in Galveston is a significant component of Galveston's overall economic base. Quality primary jobs, capital investments, and a diversification from Galveston's other economic engines buoy the maritime industry's contribution to the city, county, state and beyond. Development activity is occurring within the three primary geographic areas of Galveston: the port, Pelican Island and Harborside Drive. Galveston is strategically positioned for the expansion of the Panama Canal, potential trade with Cuba, and the availability of deep-water oil and gas resources in the Western Gulf of Mexico. DEEP WATER PORT

Source: Martin Associates study, 2016

The Maritime Sector is Galveston County's natural resource that provides innovative opportunities for our youth to pursue diverse high-paying careers with national impact and exceptional lifestyles. Galveston County's Maritime sector has a historical track record of providing significant growth opportunities with the highest rate of return-on-investment (ROI) for infrastructure investment dollars.

FOREIGN TRADE ZONE

4TH

BUSIEST CRUISE TERMINAL IN U.S.

1OTH

BUSIEST CRUISE TERMINAL IN THE WORLD

Publication a collaboration of the CIty of Galveston and the Galveston Economic Development Partnership

Contact:

City Staff GEDP Staff

409-797-3500 409-770-0216

www.galvestontx.gov www.gedp.org

2017 GEDP Developer Profile 15

Galveston offers growth opportunities in residential, retail and commercial industries.

VISITORS

TOURISM & HOSPITALITY Galveston Island's natural amenities create its own economic engine. With 32 miles of beaches and many places for people to splash around or enjoy the wildlife, Galveston just naturally attracts people to visit. Galveston also has a myriad of quality, family-oriented attractions and festivals to put the island on the list of great places to visit, attracting more than 6.5 million visitors per year. Cruise business is big business for the Port of Galveston and the Galveston tourism industry. The port continues to reinvest in amenities and facilities for newer and bigger ships along Galveston's waterfront. In addition to the cruise industry, Galveston has over 80 year round attractions, festivals, sporting events and other special events - such as Moody Gardens, Schlitterbahn Waterpark, the Pleasure Pier, Mardi Gras, the Lone Star Rally (motorcycle), the IRONMan Triathlon and many more that keep visitors and residents entertained and excited during their time on the island.

HOTEL

HOTEL OCCUPANCY

YEAR

TOTAL # ROOM NIGHTS BOOKED

AVERAGE ROOM RATE ($)

2012 2013 2014 2015

943,341 931,050 949,743 1,005,357

134.23 145.84 150.98 148.49

6.5m

% OF OCCUPANCY

VISITORS per YEAR

51.6 50 50.1 53.8

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

CRUISE BUSINESS in 2016

6,000

AVAILABLE ROOM RENTALS

hotels, condos & vacation rentals

1,005,357

ROOM NIGHTS BOOKED IN 2015

CRUISE SHIPS

2017 GEDP Developer Profile

235 CRUISE EMBARKATIONS

CRUISE PASSENGERS

4.1%

ď&#x20AC;ľ

CRUISE PASSENGER GROWTH

$ 56m

CRUISE PASSENGER ONSHORE SPENDING

Port of Galveston, U.S. cruise market, 2016

Publication a collaboration of the CIty of Galveston and the Galveston Economic Development Partnership

City Staff GEDP Staff

CRUISE LINES

860,000+

Sports Tourism is picking up in Galveston. Running events, Cheer and Dance competitions, sailing, beach volleyball and softball tournaments are just a handful of sporting events building momentum in Galveston's tourism market.

Contact:

409-797-3500 409-770-0216

www.galvestontx.gov www.gedp.org

Opportunities Await... GALVESTON

HIGHLIGHTS City of Galveston

LOCATION • 30 minutes south of Houston • Located along the Gulf of Mexico on Texas' Gulf Coast • Interstate 45 begins in Galveston • 35 miles from Hobby Airport

MAJOR INDUSTRIES • Healthcare, Emerging Technology & Education • Maritime and Support Services for Offshore Oil & Gas

The City of Galveston is focused on making improvements in infrastructure and amenities for current and future citizens and businesses. By using all the tools in its toolbox, the city is setting the stage for continued economic growth. For comprehensive reporting and status of ongoing projects and initiatives within the City, please visit the city website and access the monthly City Manager's Reports. This snapshot provides a look at each City department and division.

• Tourism and Hospitality GALVESTON IS HOME TO: • American National Insurance Company headquarters • University of Texas Medical Branch at Galveston • Galveston National Lab • Texas A&M University at Galveston • Galveston College • The Galveston Island Historic Pleasure Pier • Schlitterbahn Waterpark Galveston • San Luis Resort & Conference Center • Moody Gardens Hotel, Resort & Conference Center • The Historic Hotel Galvez

www.galvestontx.gov/153/City-Manager

• Scholes International Airport

Galveston Economic Development Partnership

OPPORTUNITIES FOR INVESTMENT • Scholes International Airport • Pelican Island and Port of Galveston • Strategic Investment Areas

The GEDP works in conjunction with the city and local stakeholders to provide its services to local businesses wishing to expand as well as potential developers and site selectors with an interest in bringing a project to Galveston.

2017 GEDP Developer Profile

2017 GEDP Developer Profile 17

110 Years Dedicated to Your Future Moody National Bank has served the financial needs of Galveston businesses, organizations and families for 110 years. Founded in 1907, we have grown with the times into one of the largest privately owned banks in Texas, with the wealth of experience and breadth of services to help new neighbors succeed. We take a forward-looking approach to banking, providing the resources demanded by people doing business in the modern world. We know where Galveston’s future is strongest -fields like healthcare and health sciences, shipping and transportation, insurance, finance, energy, import/export, education, space exploration, the environment, retail and wholesale trade, offshore industries, tourism and food service. Our story began in 1866, when Colonel William Lewis Moody moved his young family to Galveston and founded enterprises, including the second national bank chartered in Texas, with far-reaching impact throughout the world. Col. Moody came here as a military veteran with a keen eye for business. He excelled at trading cotton, and he was a driving force behind the Island’s early growth. His son, W.L. Moody, Jr., inherited his father’s acumen and expanded the family enterprises to include over 50 companies -- cotton, banking, printing, insurance, hotels, newspaper publishing, ranching and dry goods. W.L. Moody, Jr., became the eighth wealthiest person in America by the 1950s, and his legacy remains a driving force in our economy. He founded City National Bank, which later became Moody National Bank. With assets today exceeding $1 billion and loans of more than $650 million, Moody National Bank has banking locations in Brazoria, Fort Bend, Galveston, Harris and Travis Counties. What Colonel Moody and his son saw in Galveston was great opportunity. That opportunity is alive and well for you today. We would like to help you seize that opportunity, with time-honored principles like the value of saving, the wisdom of investing conservatively, the importance of keeping a watchful eye over your finances. We value innovation, hard work and sound business practices, and serving customers in new and evolving ways. Those principles are the secret to our longevity, and they will serve you as well. We’ve been pioneers for 110 years. We’ve made history here, and we hope you will allow us to help you make history of your own in Galveston.

MOODY NATIONAL BANK was founded as City

National Bank in Galveston in 1907, and we trace our banking roots all the way back to 1866. We have grown to a regional bank with offices in Brazoria, Fort Bend, Harris, Travis and Galveston Counties, helping our fellow Texans through good times and bad, prosperity and challenge, ever with our eyes to the future. Bring us your dreams. We will be here to help you achieve them.

MOODY N ATIO N A L BA NK • M O O DY BA N K. COM • ( 409) 765-5561 • ME MBE R FD I C

2017 GEDP Developer Profile

GALVESTON COUNTY

Welcome to

GALVESTON COUNTY

On behalf of my fellow Commissioners and the 325,000 citizens who call Galveston County home, I am honored to welcome you to the 2017 GEDP Economic Development Summit and to the resources contained in this issue of the GEDP Developer Profile. Galveston County is a name with worldwide recognition, boasting as one of the most economically and environmentally diverse counties in the nation. Our county’s historic roots as the economic engine for Texas and the southwest during the 19th and early 20th centuries established a foundation of business leadership that continues to this day. Galveston County offers everything any business venture would need to be successful from: THE HONORABLE MARK HENRY Galveston County Judge

“We strive to harness the power of our ecosystems, skilled workforce, and financial resources to make Galveston County the best place to live and work.”

•

Two world-class deep water ports;

•

Access to international airports and one of 10 spaceports in the U.S.;

•

A “major league” chemical and petrochemical complex;

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

•

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

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

Our location surrounded by the Gulf of Mexico and Galveston Bay and bordering to the north by NASA and the City of Houston places Galveston County as the center for any successful business venture with an unmatched quality of life. Our residential opportunities and proximity to the space and energy capital of the world has positioned Galveston County for great success in the coming years. Galveston County has now for the seventh year in a row, reduced the tax rate for the citizens of Galveston County. 2017 presents new challenges to Galveston County as the impacts from Hurricane Harvey continue to be assessed. A number of our communities are currently responding to the recovery and rebuilding caused by this event. However, Galveston County has once again proven its resiliency in meeting the challenges incurred as a result of Harvey. As our recovery continues, Galveston County is poised to provide the stable foundation necessary for rebuilding better and more resilient for our future. Our county’s outstanding quality of life, reasonable cost of living, low cost of doing business, strong educational institutions, and cutting edge medical facilities make for a vibrant economy that offers an unparalleled environment for living, working, and most of all, raising a family. Galveston County boasts a favorable business climate that provides development opportunities which result in quality investment for both businesses and the public. We strive to harness the power of our ecosystems, skilled workforce, and financial resources to make Galveston County the best place to live and work. Thank you for your interest in Galveston County, we look forward to working with you to make your plans and dreams a success. For more information about Galveston County, stop by our location at 722 Moody Avenue in Galveston, or call 409-762-8621. Visit us at www.galvestoncountytx.gov.

2017 GEDP Developer Profile 21

GALVESTON COUNTY

COUNTY OVERVIEW Galveston County, established under the Republic of Texas on May 15, 1838, is the 17th largest county in the state of Texas with a population of over 325,000 residents. Population is projected to continue growing as Galveston County maintains its position as a regional leader in health care, education, maritime, engineering, tourism and institutional excellence.

GEOGRAPHY Kemah Friendswood League City

TOTAL HOUSING UNITS

Port Bolivar Texas City

378.36

La Marque

TOTAL LAND AREA (SQUARE MILES)

Hitchcock Galveston

495 TOTAL WATER AREA (SQUARE MILES)

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

138,023

Dickinson Santa Fe

HOUSEHOLDS

SEX AND AGE 17.5%

82.5%

50.5%

VACANT UNITS

OCCUPIED UNITS

FEMALE

37.5 MEDIAN AGE

49.5%

66.9%

33.1%

OWNER OCCUPIED

MALE

RENTER OCCUPIED

POPULATION GALVESTON COUNTY PLACES CITIES

292,538 2010

Bayou Vista Clear Lake Shores Dickinson Friendswood Galveston Hitchcock

308,163 2015

68.2%

31.8%

FAMILIES

NON-FAMILY

17.1% OTHER

AVERAGE HOUSEHOLD SIZE

329,431 2016

51.1% = 50,000

Jamaica Beach Kemah

MARRIED FAMILIES

EDUCATION

La Marque League City

2.44 RENTER OCCUPIED

JOBS

Santa Fe Texas City

2.76 OWNER OCCUPIED

87.5%

155,813

29.3%

IN LABOR FORCE

143,949

VILLAGES Tiki Island CENSUS DESIGNATED PLACES

HIGH SCHOOL GRADS OR MORE

EMPLOYED

BACHELORâ&#x20AC;&#x2122;S DEGREE OR MORE

7.5% UNEMPLOYMENT RATE

SCHOOL ENROLLMENT

Bacliff Bolivar Peninsula

INCOME

San Leon UNINCORPORATED AREAS Algoa Bayview Crystal Beach

$62,313 44,980

17,288

22,123

ELEMENTARY/ MIDDLE SCHOOL

HIGH SCHOOL

COLLEGE/ GRADUATE

84,391 TOTAL ENROLLMENT

MEDIAN HOUSEHOLD INCOME

$77,702

$31,585

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Gilchrist High Island 22

2017 GEDP Developer Profile

Sources: US Census Bureau, American Community Survey, 2011-2015; US Census Bureau, American Community Survey, 2016 Population Estimates

GALVESTON COUNTY

ECONOMIC CLIMATE The economic climate of Galveston County is strong. Galveston County continues its trend of reducing the tax rate for county constituents. With a projected fiscal year 2017 tax rate of $0.5461, this reduction will result in the seventh consecutive year of reducing this rate. Assessed property values for the county are projected at approximately $34 billion, as projected by the Galveston Central Appraisal District’s 2017 preliminary role.. Galveston County continues to grow in taxable values, population, business and industry while maintaining an excellent quality of life and place. One of the most unique aspects of Galveston County remains its diversity of offerings from the beaches of Galveston to the neighborhoods of League City. Growth is occurring throughout the county while attention remains cognizant of the county’s rich abundance of natural resources and historic significance.

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

TOTAL ASSESSED $34,609,754,512

League City

$9,330,600,138

Galveston

$8,269,833,887

Texas City

$5,607,487,536

Friendswood

$3,383,166,382

Bolivar

$1,188,302,999

Dickinson

$1,097,087,523

La Marque

$915,049,598

Santa Fe

$866,845,039

Tiki Island

$446,955,717

Hitchcock

$442,582,538

Jamaica Beach

$380,555,224

Bacliff

$301,683,667

San Leon

$340,737,299

Kemah

$351,005,859

Bayou Vista

$225,977,573

Clear Lake Shores Bayview

Tourism is an important presence in the county’s economy, with more than 6.5 million visitors each year. The county enjoys a wealth of year-round cultural, historical and recreational activities. Tourism continues playing a bigger part of Galveston County’s economic future. Developments are occurring across the region all aimed at improving or enhancing the visitor experience while in Galveston County. From the 32 miles of beaches in Galveston to the Kemah Boardwalk, from Top Golf and Big League Dreams to the many festivals and culturally rich artist venues, Galveston County is making tourism a larger part of its overall economic climate.

Photo by Robert Mihovil

GALVESTON COUNTY: SALES TAX COMPARISON YEAR

GROSS SALES

AMT SUBJECT TO SALES TAX

OUTLETS

2011

$17,971,640,973

$2,493,476,055

9,422

2012

$19,743,823,424

$2,764,980,909

9,631

2013

$18,920,170,559

$3,047,821,215

9,775

2014

$21,532,373,396

$3,389,643,695

9,775

$216,660,262

2015

$17,495,664,492

$3,602,801,271

9,361

$89,829,262

2016

$15,649,865,971

$3,718,965,284

10,548

Source: Galveston CAD, Preliminary Rolls 7/2017

TOURISM

Source: State of Texas Comptroller website

2017 GEDP Developer Profile 23

GALVESTON COUNTY

INDUSTRY Petrochemical, maritime and support service companies of the offshore oil and gas industry continue contributing significantly to the overall economic health of Galveston County. These entities combined with a strong foundation of educational, medical, financial, insurance, commercial, retail and tourism related sectors combine for a vibrant countywide economic base. Workforce development, quality housing, affordability and an unparalleled quality of life all converge as critical factors in this county’s economic future. Diversity is apparent from the docks of the ports of Texas City and Galveston; to the petrochemical complexes in La Marque and Texas City; to the neighborhoods and shopping of Friendswood, Dickinson and League City; to the opportunities of development in Santa Fe and Hitchcock; to the worldclass medical, education and research institutions; to the cultural arts in Texas City, Galveston and nearby Houston; to the tourism experiences available in Galveston, Kemah and the Bolivar Peninsula; to the people and natural resources so abundantly available, Galveston County becomes the logical location for continued growth and diversification of its economic, industrial and social base for many years to come.

Photo by Robert Mihovil

GALVESTON COUNTY: TOTAL TAXABLE VALUE (2017)

GALVESTON COUNTY: TOP EMPLOYERS LIST COMPANY

# OF EMPLOYEES

TAXPAYER NAME

TOTAL ASSESSED

8,318

1 Blanchard Refining Co LLC

$889.7M

2,882

2 Valero Refining-Texas LP

$445.7M

3 Landry’s

2,871

3 Praxair Inc

$187.0M

4 Marathon: Galveston Bay Refinery3

2,725

4 Marathon Petroleum Co LP

$186.9M

5 Walmart4

1,775

5 Texas New Mexico Power Co

$179.6M

6 ANICO

1,590

6 Union Carbide Corp

$150.1M

7 Galveston County

1,333

7 BP Amoco Chemical Co

$128.8M

8 Dickinson ISD

1,191

8 Centerpoint Energy Inc

$105.2M

9 Galveston ISD

1,032

9 Galveston Outlets LLC

$87.0M

1 UTMB1 2 Clear Creek ISD

10 Moody Gardens

1,008

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

Sources: GEDP Employer Survey, Galveston County CAFR, 2015

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

10 ISP Technologies Inc

$79.7M

11 South Houston Green Power LP

$64.1M

12 Eastman Chemical Texas City I

$55.4M

13 Komatsu America Corp

$49.6M

14 Fertitta Hospitality Inc

$46.5M

15 Comcast of Houston LLC

$38.5M

16 Dow Chemical Co

$36.4M

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

$36.0M

18 INEOS Styrolution America LLC

$35.0M

19 BNSF Railway Co

$27.4M

20 Wal-Mart Stores Texas LP

$26.9M

Source: Galveston Central Appraisal District, 2017

2017 GEDP Developer Profile

GALVESTON COUNTY

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

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

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

SEAPORTS

ROADS

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

334 miles COUNTY-MAINTAINED ROADWAYS

MAJOR HIGHWAYS

TEXAS

146 TEXAS

TEXAS

$270B ECONOMIC ACTIVITY generated by Texas ports

VEHICLES

877,000

$6B

CRUISE PASSENGERS

STATE & LOCAL TAXES

269,500

U.S. cruise market, 2016

generated by Texas ports

REGISTERED VEHICLES IN GALVESTON COUNTY

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

25.5

2.47

minutes

AVG VEHICLES PER HOUSEHOLD

based on embarkation

AVG COMMUTE TIME TO WORK

AIRPORTS Scholes International Airport

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

RAILWAYS

Galveston

Ellington Field

Houston, est. 33 miles from Galveston

Houston Hobby

Galveston Railroad (GVSR) – Genesee Wyoming

Union Pacific (UP)

Burlington Northern – Santa Fe (BNSF)

Texas City Terminal Railway Company

Houston, est. 40 miles from Galveston

George Bush Intercontinental

Houston, est. 67 miles from Galveston

2017 GEDP Developer Profile 25

GALVESTON COUNTY

GALVESTON COUNTY ECONOMIC DEVELOPMENT ORGANIZATIONS ORGANIZATION NAME

CONTACT NAME

TITLE

WEBSITE

PHONE

Bay Area Houston Economic Partnership

Bob Mitchell

President

www.bayareahouston.com

832-536-3255

Bolivar Chamber of Commerce

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

Dan Redd

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

Garrett McLeod

Economic Development Coordinator

www.galvestoncountytx.gov/ed

409-770-5471

Galveston Economic Development Partnership

Jeffrey Sjostrom

President

www.gedp.org

409-770-0216

City of Hitchcock Industrial Development Corporation

Sabrina Schwertner

Executive Director of Economic Development & Foreign Trade Zone

www.hitchcockidc.com

409-795-1974

City of Jamaica Beach

John Brick

City Administrator

www.ci.jamaicabeach.tx.us

409-737-1142

Kemah Community Development Corporation

Shawna Reid

Board President

www.kemah-tx.gov

281-334-1611

La Marque Economic Development Corporation

Alex Getty

Executive Director

www.ci.la-marque.tx.us

409-938-9258

League City Economic Development Corporation

Scott Livingston

Director

www.leaguecityedc.com

281-554-1036

City of Santa Fe Economic Development Corporation

Robert Cheek

President

www.ci.santa-fe.tx.us

409-925-6412

City of Texas City Economic Development

Nick Finan

Director of Management Services

www.texas-city-tx.org

409-643-5927

Village of Tiki Island

The Honorable Vernon “Goldie” Teltschick

Mayor

www.villageoftikiisland.org

409-935-1427

GALVESTON COUNTY LEADERSHIP Galveston County is led by the Commissioners Court

MARK HENRY

DARRELL APFFEL

JOE GIUSTI

STEPHEN HOLMES

KEN CLARK

Galveston County Judge

County Commissioner, Precinct 1

County Commissioner, Precinct 2

County Commissioner, Precinct 3

County Commissioner, Precinct 4

Main: 722 Moody Avenue, Galveston, Texas 77550 • (409) 762-8621 North County Annex: 174 Calder Road, League City, Texas 77573 26

2017 GEDP Developer Profile

GALVESTON COUNTY

Galveston County Communities BAYOU VISTA Incorporated in 1985

SEX AND AGE

GEOGRAPHY

51%

.46

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

1,537

49%

2010 CENSUS

FEMALE

1,568

1,861

54.9

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

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

CLEAR LAKE SHORES Incorporated in 1962

1,227

80%

80.5%

19.5%

$76,701

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$77,702

$31,585

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

53%

.46

TOTAL LAND AREA

MALE

1,067

47%

2010 CENSUS

FEMALE

1,138

1,235

51.5

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

(SQUARE MILES)

POPULATION

INCOME

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

642

90%

71.8%

28.2%

$97,500

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

SEX AND AGE 49%

10.3

TOTAL LAND AREA (SQUARE MILES)

DICKINSON

POPULATION

MALE

18,756

51%

2010 CENSUS

FEMALE

19,605

19,355

37.1

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING

Incorporated in 1977

$51,288 PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

GEOGRAPHY

Located on the beautiful Dickinson Bayou, a pathway to Galveston bay, Dickinson is a prime geographic location situated halfway between Houston and Galveston on Interstate 45. Dickinsonâ&#x20AC;&#x2122;s rapidly growing business community includes aerospace, petrochemical, health care and retail operations with room to grow.

$107,596 MEDIAN FAMILY INCOME

7,408

88%

71.3%

28.7%

$68,324

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$79,475

$29,248

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

2017 GEDP Developer Profile 29

GALVESTON COUNTY

Galveston County Communities FRIENDSWOOD Incorporated in 1960

SEX AND AGE

GEOGRAPHY

50%

20.9

TOTAL LAND AREA (SQUARE MILES)

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

HITCHCOCK Incorporated in 1960

Born as a weekend playground in 1956, Jamaica Beach prospered during the booming economy of its early years, only to falter in the early â&#x20AC;&#x2122;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. 30

2017 GEDP Developer Profile

2010 CENSUS

FEMALE

38,232

37,602

40.7

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

13,734

96%

78.8%

21%

$91,458

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$110,900

$43,433

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

49%

(SQUARE MILES)

Incorporated in 1975

35,925

50%

TOTAL HOUSING UNITS

TOTAL LAND AREA

JAMAICA BEACH

MALE

HOUSING

92.1

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

POPULATION

MALE

6,996

51%

2010 CENSUS

FEMALE

7,444

7,325

32.4

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING 3,278

84%

64.7%

35.3%

$49,872

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$51,614

$22,052

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

56%

POPULATION

MALE

988

.77

44%

2010 CENSUS

FEMALE

1,032

1,008

(SQUARE MILES)

55.8

2015 ACS ESTIMATES

2016 ACS ESTIMATES

TOTAL LAND AREA

MEDIAN AGE

INCOME

HOUSING 1,230

41%

71.5%

28.5%

$58,889

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$83,618

$48,618

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

GALVESTON COUNTY

Galveston County Communities KEMAH Incorporated in 1966

SEX AND AGE

GEOGRAPHY

51%

1.8

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

1,790

49%

2010 CENSUS

FEMALE

1,962

2,125

39.2

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

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

LA MARQUE Incorporated in 1890

931

80%

79%

21%

$70,500

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$83,750

$36,368

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

49%

14.3

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

14,569

51%

2010 CENSUS

FEMALE

15,528

15,230

38.8

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

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

LEAGUE CITY Incorporated in 1962

6,630

87%

71.5%

29%

$43,692

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$50,833

$21,574

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

50%

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

84,085

50%

2010 CENSUS

FEMALE

94,435

91,665

35.2

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

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

34,258

96%

72.9%

27.1%

$93,675

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$104,094

$39,175

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

2017 GEDP Developer Profile 31

GALVESTON COUNTY

Galveston County Communities SANTA FE Incorporated in 1978 Santa Fe provides a quiet oasis from the regionâ&#x20AC;&#x2122;s bustling areas. Five miles from I-45, over 225,000 residents are within a 10 mile radius. Santa Fe is ideal for raising a family in a small town atmosphere. Expansion of major roadways leading to Santa Fe combined with infrastructure improvements positions this City for the future and ready to accommodate the demand for new business and high quality residential development.

TEXAS CITY Incorporated in 1911

SEX AND AGE

GEOGRAPHY

49%

17.3

TOTAL LAND AREA

FEMALE

12,861

12,700

41.4

2015 ACS ESTIMATES

2016 ACS ESTIMATES

INCOME

5,132

91%

78.9%

21.1%

$61,674

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$81,910

$30,456

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

47%

POPULATION

MALE

45,311

53%

2010 CENSUS

FEMALE

46,625

46,266

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

(SQUARE MILES)

Incorporated in 1982

2010 CENSUS

TOTAL HOUSING UNITS

TOTAL LAND AREA

VILLAGE OF TIKI ISLAND

12,384

51%

HOUSING

85.6

Texas City is fortunate to have a diversified economy. Heavy industry is the largest since the 1900s; however, the city began diversifying the economy and is now driven by several industries, including residential, commercial, retail, marine, entertainment and environmental developments, higher education, tourism, health care, sports, transportation, birding, fishing, boating and restaurants.

MALE

MEDIAN AGE

(SQUARE MILES)

POPULATION

INCOME

HOUSING 19,429

87%

59%

41%

$43,072

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$51,253

$21,303

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

SEX AND AGE

GEOGRAPHY

53%

.75

TOTAL LAND AREA (SQUARE MILES)

POPULATION

MALE

971

47%

2010 CENSUS

FEMALE

1,007

873

58.2

2015 ACS ESTIMATES

2016 ACS ESTIMATES

MEDIAN AGE

INCOME

HOUSING Tiki Island is a waterfront community located 45 miles from Houston and is one of the friendliest, most vibrant communities along the Gulf Coast. Lifestyle on Tiki is one of relaxation with family, friends, and neighbors coming together with one goal ... enjoy life to the fullest. 32

2017 GEDP Developer Profile

938

48%

91.9%

8.1%

$127,167

TOTAL HOUSING UNITS

OCCUPIED HOUSING

OWNER OCCUPIED

RENTER OCCUPIED

MEDIAN HOUSEHOLD INCOME

$157,750

$81,040

MEDIAN FAMILY INCOME

PER CAPITA INCOME

Source: US Census Bureau, American Community Survey, 5YR, 2011-2015

GALVESTON COUNTY

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

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

POPULATION BOLIVAR PENINSULA 2,417

BACLIFF 8,619

2010 CENSUS

SAN LEON 4,970 2010 CENSUS

Source: US Census Bureau, American Fact Finder

2017 GEDP Developer Profile 33

Since 1968, Joe Tramonte Realty, Inc. has served commercial and residential clients of Galveston Island. Exceptional, efficient, effective client service and first class professionalism are traits that were established by founder, Joe Tramonte, and upheld by his son, VJ Tramonte. “We continue a standard of excellence and professionalism that my father, Joseph J. Tramonte, initiated when he opened the agency in 1968,” VJ said. That standard continues today with VJ’s extensive community involvement. Recipient of The Galveston County Daily News and

Galveston.com Realtor of the Year awards, Chamber of Commerce past chair and current Vice Chair of the GEDP Executive Committee, VJ always serves his hometown. Joe Tramonte Realty is known as the leader in commercial sales and listings on Galveston Island. In addition, an experienced team manages all types of houses, apartments, condominiums and commercial properties. The friendly Joe Tramonte Realty team of qualified real estate and leasing agents is always eager to help new and established clients with their real estate needs.

Fishing

Windsurfing

Sports Complex Shopping

A Waterfront Community

Kite Boarding

Museum New Homes Being Built

is in

Historical District

the C

enter of

Bird Photography

Golf Course

l! l it A

Downtown 6th Street More Than 40 Parks

Texas CiTy eConomiC DevelopmenT CorporaTion Texas CiTy reCreaTion anD Tourism DeparTmenT 1801 9th Avenue North, Texas City, Texas 77590 409-643-5990

www.texas-city-tx.org â&#x20AC;¢ www.facebook.com/cityoftexascity

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STORM SURGE

THE GULF COAST COMMUNITY PROTECTION AND RECOVERY DISTRICT

SUPPRESSION STUDY

Following Hurricane Ike, Texas Governor Rick Perry issued an Executive Order creating the Governor’s Commission for Disaster Recovery and Renewal. One of the Commission’s recommendations was to conduct a study to determine how coastal communities can reduce the damaging impact of future storms. In conjunction with those efforts, Brazoria, Chambers, Galveston, Harris, Jefferson, and Orange Counties formed the Gulf Coast Community Protection and Recovery District (GCCPRD) as a local government corporation. The GCCPRD, under the leadership of Chair, Galveston County Judge Mark Henry, the county judges, appointed community leaders, and District President Robert Eckels, is now leading the Storm Surge Suppression Study, a technical, scientific-based effort to investigate opportunities to alleviate the vulnerability of the upper Texas coast to storm surge and flooding.

The Study The Storm Surge Suppression Study is funded by the Texas General Land Office (GLO) through a federal Housing and Urban Development (HUD) Community Development Block Grant awarded in September 2013. Since then, the GCCPRD has collected and analyzed existing data and collaborated with other organizations and universities conducting similar work, including Texas A&M University - Galveston and The Severe Storm Prediction, Education and Evacuation from Disasters (SSPEED) Center at Rice University. A total of seven public meetings were held across the six-county region between 2014 and 2015. These meetings gave the public a chance to review and comment on the study, alternatives, economic data, and environmental considerations. In June 2016, the GCCPRD published the Storm Surge Suppression Study Phase 3 Report: Recommended Actions recommending a cost-effective and efficient storm surge suppression system to help protect the six-county region, providing a framework for a future plan, and calling

2017 GEDP Developer Profile

elected officials to become advocates for coastal protection. An interactive mapping tool simulating the effects of a future storm surge with and without a new storm surge suppression system is available at www.GCCPRD.com. The recommended plan features the following systems: • 92 miles of upgraded and additional levees in Orange and Jefferson Counties • A Coastal Spine from High Island to San Luis Pass including gated structures at Bolivar Roads to protectGalveston, Harris, and Chambers Counties • Modernization and extension of the Freeport Hurricane Flood Protection System and addition of ring levees to protect Brazoria County. The GCCPRD is currently executing additional analysis to refine and improve the recommended plan. This includes: • Optimizing features of the recommended alternatives to better estimate costs and benefits • Completing an extended benefits analysis • Conducting additional environmental studies • Continuing public outreach and stakeholder engagements.

Cost The total cost for implementing the GCCPRD upper Texas coast recommended plan is estimated to be $11.6 billion, with a beneﬁt-to-cost ratio of 2.03. In other words, investing $11.6 billion in these coastal protection systems now will save $23.5 billion in damages from future coastal storms. The total damage caused by Hurricane Ike alone was over $30 billion. The upper Texas coast has a population of more than six million people, generates over 31 percent of the state’s $1.4 trillion gross domestic product, and has a signiﬁcant role in the nation’s energy industry and national security.

Federal, State, and Local Support

CONCEPTUAL RENDERINGS

With this effort, the GCCPRD has assumed a leadership role and is working collaboratively with federal, state, local, and public and private institutions to develop a plan that meets the needs of the region and the nation. Senator John Cornyn (R-TX) and Congressman Randy Weber (R-Friendswood) introduced and passed the 2016 COAST Act, which expedites the mandatory pre-construction review process by requiring the U.S. Army Corps of Engineers to take into consideration studies already developed by the GCCPRD. The bill also streamlines the Congressional approval process by allowing the final recommended project to proceed to the building phase without additional authorization. The GCCPRD has worked closely with a State of Texas joint interim committee to study whether a coastal barrier system would offer adequate protection of the area, and if so, how feasible it would be to build. Senator Cornyn, Representative Weber, and State Senator Larry Taylor (R-Friendswood) published an op-ed in the Houston Chronicle addressing the work being done to protect the region from storm damage. Many local governments have also signed resolutions of support for a surge suppression solution.

Awards In the 2016 Engineering Excellence Awards Competition, The GCCPRD Storm Surge Suppression Study was awarded the prestigious Gold Medal for Studies, Research, and Consulting Engineering Services by the American Council of Engineering Companies (ACEC) of Texas. The study also received the Silver Medal in the environmental category.

Information For more information on the Gulf Coast Community Protection and Recovery District and the Storm Surge Suppression Study, including the Phase 3 Report visit the website at: www.GCCPRD.com

GCCPRD The Gulf Coast Community Protection and Recovery District

2017 GEDP Developer Profile 39

GALVESTON BANKS

United When it Matters Most

Jeﬀrey Sjostrom, GEDP; Jimmy Rasmussen, HomeTown Bank; Michele Carfello, Texas Bankers Association; Vic Pierson, Moody National Bank; and, Chris Doyle, Texas First Bank - join forces to assist area Businesses.

urricane Harvey struck the Texas Coast on August 25, 2017. Galveston received the worst of Harvey on August 29th with street flooding and impacts primarily to the downtown area. As has been their commitment, Galveston community lenders convened by conference on Wednesday, August 30th, a joint meeting was held on September 1st and a press conference announcing the Hurricane Harvey Business Recovery Loan Program was held on Tuesday September 5, 2017. This exemplifies the leadership of Galveston’s community lenders. After Hurricane Ike in 2008, this program was created to assist businesses impacted by the storm. Following Harvey our community lenders realized that the impacts extended well beyond Galveston and Galveston County. This program was reinstated for two primary reasons. One, assist Galveston and Galveston County businesses with funding for rebuilding efforts to begin. Two, provide this program template to other impacted areas across the Gulf Coast as a tool for other community lenders to utilize in assisting their businesses. Galveston is blessed with a foundation of community lenders that are committed to reinvesting throughout our communities. Disaster Recovery is but one example of their commitment and dedication to being active participants in the economic and community development of those areas in which they reside and do business.

R E T S A S I D BUSINESS

RECOVERY

BUSINESS RECOVERY

LESSONS LEARNED:

The GEDP created a hurricane recovery task force following hurricane Katrina in 2005. Not because of impacts from the storm, but rather to review and • Business Recovery is not a significant component in the evaluate existing plans for the city and business com- National disaster recovery framework. munity in preparation for a future event. This work resulted in recommendations to the city for financial • Business recovery needs to include the availability of “gap financing” for businesses impacted by a and operational improvements as well as a new roadcatastrophic event while they wait for insurance, SBA map for small businesses in creating continuity plans or other resources. for recovery following catastrophic events. • Recovery is a long-term initiative. Understand the flow of

Following the landfall of hurricane Ike, these eﬀorts funds from the federal to the local level. provided evidence that preparedness and continuity planning, when implemented, limited ﬁnancial loss • Infrastructure needs are best funded out of long-term CDBG Disaster Recovery or the Economic Development and hardship. Administration – U.S. Department of Commerce.

BUSINESS RECOVERY COMPONENTS • Damage Assessment • Inventory of Business Conditions • Financial Resources • Networking/Doing Business after the Event • Planning • Marketing–Business Climate • Psychological Impacts - Short and Long Term

• Business Recovery resources require understanding and awareness of federal regulations and terminology. Credit Elsewhere and National Objectives are two of the biggest terms to learn. • Disaster Planning and Preparedness mitigates ﬁnancial loss and hardship. • Planning after an event can be overwhelming. Focus on key strategic initiatives to build back better, stronger and more resilient for the future. • PATIENCE!!

DISASTER RECOVERY LINKS GEDP Business Recovery Guide www.GEDP.org International Economic Development Council www.restoreyoureconomy.org FEMA www.fema.gov 42

2017 GEDP Developer Profile

Houston-Galveston Area Council www.h-gac.com U.S. Small Business Administration www.sba.gov/funding-programs/disaster-assistance

Beginning in 2005, the GEDP has been involved with disaster preparedness, response and recovery. Galveston is testament that communities can recover stronger and more resilient for future events.

CASE STUDY: HURRICANE IKE - GALVESTON Hurricane Ike struck the southeast coast of Texas on September 13, 2008 as a Category 2 storm causing an estimated damage of over $30 billion to the state with direct impacts to 29 Texan communities. Although the water quickly receded in Galveston, there was considerable recovery and rebuilding to be accomplished on the island.

IMPACTS OF IKE: • Approximately 75 to 80 percent of the 2,500 businesses experienced severe damage • W ater levels greater than nine feet and mold in the historic “Strand” district • Significant damage to the Port of Galveston, major cultural facilities, and UTMB campus • 80 percent of residences had flood damage; one out of five units have been condemned • Only 60 percent of the city’s population had returned six weeks after the storm • Significant labor shortages for most of the local businesses that reopened.

Photos by Robert Mihovil The Galveston Island Historic Pleasure Pier (below) took over the site of the old Flagship Hotel (above), which was destroyed by Hurricane Ike in 2008.

Through the ongoing support of the members of the GEDP, outreach has been provided to a number of impacted areas across the Gulf Coast. This outreach is an attempt to “pay forward” the support and assistance that was offered to Galveston and the GEDP following Hurricane Ike in 2008. With many partners, the GEDP continues to be available for areas impacted by Harvey.

DETERMINATION, RESILIENCY, AND ENTREPRENEURSHIP DO MAKE A DIFFERENCE. This project, funded in part, by a grant by the Office of the Governor, as funded by the Texas Workforce Commission under the WOIA Dislocated Worker Program, administered by the U.S. Department of Labor.

2017 GEDP Developer Profile 43

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

CONVENIENCE

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

PortofGalveston.com

409.766.6112

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

MARITIME

MARITIME OVERVIEW The maritime sector in Galveston is a significant component of Galveston’s overall economic base. Quality primary jobs, capital investments, and a diversification from Galveston’s other economic engines buoy the maritime industry’s contribution to the city, county, state and beyond. Development activity is occurring within three areas of Galveston: the port, Pelican Island and Harborside Drive.

Port of Galveston CARGO The Port of Galveston experienced lower cargo volumes in 2016 in comparison with 2015, resulting in a year-over-year decrease in total cargo tonnage of 7.09 percent, from 5.6 million to 5.2 million short tons. This decrease was primarily due to lower volumes of bulk export grain, imported bulk fertilizer, imported refrigerated fruit and roll-on roll-off cargo. In 2016, the Port recognized a 44 percent increase in bulk liquid tonnage from the previous year to approximately 1.3 million short tons. In addition, there was an 18.39 percent increase in general cargoes from approximately 51,800 short tons in 2015 to almost 61,400 short tons in 2016. This was primarily a result of increased wind project cargo moving through the Port helped by the extension of production tax credits for the wind industry. Supporting this growth was the development of a public-private partnership in port facilities. Beginning back in 2012, a need was identified by a manufacturing customer of the Port for a rail-

Photos by Robert Mihovil

related logistics solution as an alternative to trucking. The Port, BNSF Railway and the Port’s short line railway operating tenant, Galveston Railroad L.P., invested approximately $1.5 million for a rail car storage track system to accommodate over-dimensional cargo. This investment allows for oversized wind turbine components to be assembled on the cargo terminal or received for export. Significant time and cost savings were realized as a result of this project. Another bright spot for the Port was the inauguration of the BMW Vehicle Processing Center early in 2016, which brought approximately 16,000 new BMWs and Minis totaling 29,225 short tons through the Port’s facilities by the end of the year. The Port continues to proactively develop creative financing strategies for infrastructure improvements. Projects including the Carnival Vista mooring project, refurbishment of Old Port Industrial Road and the completion of wharf work to Cruise Terminal 2 examples of projects assisted with these strategies. Many projects have been addressed which were impacted by Hurricane Ike in 2008 (i.e. Pier 10, Pier 15 Warehouse). However, there remains an estimated $30 million in additional infrastructure repair projects that are dependent on federal funding anticipated as a result of Ike. In September of 2017, the Board of Trustees executed a new contract for a Strategic Plan. Envisioned to provide a workable plan of action for implementing the vision and mission of the Port, this plan will result in a structure of goals and supporting strategies for moving forward. Public input is a component of this plan including the community, Port stakeholders, Wharves Board members and members of the Port staff. Completion of this plan is slated for January, 2018.

PORT OF GALVESTON ECONOMIC IMPACT

PORT CRUISE STATISTICS

13,890

$869.6M

$2.3B

JOBS

INCOME FOR THE STATE OF TEXAS

ANNUAL ECONOMIC IMPACT TO TEXAS

4TH

YEAR

SAILINGS

EMBARKATIONS

CRUISE PORT IN TEXAS

BUSIEST CRUISE PORT IN NORTH AMERICA

2015

232

834,616

2016

235

868,923

TOP 1O

2017

254

940,940

2018

308*

1,034,000*

CRUISE PORTS IN THE WORLD

*Projected

2017 GEDP Developer Profile 45

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MARITIME

Photo by Robert Mihovil

2017 ECONOMIC IMPACT OF GALVESTON COUNTY’S MARITIME INDUSTRY CLUSTER Martin Associates was retained by the City of Galveston/4B Industrial Development Corp., in Partnership with the Galveston County Commissioners Court to develop a countywide economic impact study of the maritime industry cluster in Galveston County. The maritime industry cluster includes the economic impacts generated by the marine cargo activity at the Port of Galveston and the marine terminals at Texas City, as well as the impacts generated by firms located in Galveston County providing maritime services to the Ports of Galveston and Texas City as well as to other ports throughout Texas; firms involved in marine equipment sales; the impacts of the cruise operations at the Port of Galveston; firms providing marine equipment servicing and sales; ship repair yards; recreational boating; commercial fishing and related seafood processing; and maritime education institutions.

2017 MARITIME ECONOMIC IMPACT HIGHLIGHTS FOR GALVESTON COUNTY The Maritime Sector in Galveston County is a diverse and resilient economic engine generating:

• 32,569 Jobs (approximately 41% of Total County Employment)

• $66,283 Average Earnings (approximately 52% above average wages for County)

• $196 million in Tax Revenue

• $2.6 billion in Total Personal Income

• $7.7 Billion in Direct Business Revenue Generated

• The Maritime sector is Galveston County’s natural resource that provides innovative opportunities for our youth to pursue diverse high paying careers with national impact and exceptional lifestyles

• Galveston County’s Maritime sector has a historical track record of providing significant growth opportunities with the highest return-on-investment (ROI) for infrastructure investment dollars

2017 GEDP Developer Profile 47

MARITIME

Photo by Robert Mihovil

CRUISE INDUSTRY The 2016 Cruise Lines International Association study, highlighted below, indicates the impact that Galveston and the State of Texas has on the Industry nationwide. The phenomenal growth in cruise business led by the Port of Galveston in 2017 indicates that these impacts will substantially exceed those from 2016. On April 3, 2017, the MS Amadea of Phoenix Reisen Cruise Lines chose Galveston as its first US port of call on their worldwide itinerary. The four star-plus rated ship arrived with approximately 600 passengers and 200 crew members on board. Welcoming passengers and distributing information were members of the Port, Convention & Visitors Bureau, and the Grand 1894 Opera House. Shore excursion opportunities were offered including local attractions like Moody Gardens, tours of the Space Center Houston, and opportunities to discover and visit shopping and entertainment possibilities across the island and within the Historic Downtown Strand Seaport District. Carnival Cruise Line repositioned the Carnival Valor to replace the Carnival Liberty in December 2016. In September 2018 the Port of Galveston will welcome Carnival’s newest ship — the Carnival Vista. Sailing will include two different seven-day western Caribbean itineraries. Together these two ships along with the Carnival Freedom, will carry more than 650,000 guests annually from Galveston. Royal Caribbean added the Vision of the Seas ship to Galveston on November 6, 2017. The Vision of the Seas (overall length 915 feet) 48

2017 GEDP Developer Profile

joins the largest cruise ship in the State of Texas, the Liberty of the Seas (overall length of 1,112 feet). Combined the Port anticipates these ships will accommodate an average of 2,150 passengers per cruise. Royal Caribbean projects thirty-five 4- and 5-day cruises from Galveston during the 2017/2018 winter season. These cruises will result in an estimated additional 80,000 passengers leaving on cruises from Galveston. On November 10, 2017, Disney Cruise Line once again returned to Galveston for the holiday season with a total of 10 cruises on the Disney Wonder to the Bahamas. The 3,646-passenger Carnival Dream will replace Carnival Valor as one of Galveston’s three year-round Carnival Cruise Line ships starting May 23, 2019. The 1,004-foot-long ship — the third-largest in Carnival’s fleet — will offer four- and five-night cruises to Mexico.

2016 CRUISE LINES INTERNATIONAL ASSOCIATION STUDY PORT OF GALVESTON OVERALL IMPACT

TEXAS IMPACT NATIONWIDE

$1.42B in direct spending

6.6% of the overall spending

25,000 Jobs

6.5% of total employment

$1.62B total income in Texas

7.9% of total income

Texas A&M Maritime Academy & the Corps of Cadets The Texas A&M Maritime Academy is one of six maritime academies in the United States. We are a prestigious, highly specialized maritime training and education program embedded within Texas A&M University at Galveston, which is a branch of Texas A&M University at College Station, Texas. The mission of the Texas A&M Maritime Academy is to provide the maritime industries of the State of Texas and the United States with highly trained and professional U.S. Coast Guard licensed Merchant Officers (deck/engine) to serve on ocean-going and inland waterways vessels. To meet this mission, the Texas A&M Maritime Academy includes a Corps of Cadets. The purpose of the Corps of Cadets is: To develop leaders of character dedicated to serving the greater good. Partnered with the Office of the Commandant of the Corps of Cadets is the Navy ROTC program, which provides the opportunity for qualified Cadets to commission and serve in the United States Navy. Cadets also have the option to request active duty in the U.S. Marine Corps (Platoon Leaders Course – PLC) or a direct commission in the U.S. Coast Guard.

About the Texas A&M Maritime Academy The Texas A&M Maritime Academy is one of six maritime academies in the United States. It provides an opportunity for you to learn how to operate and maintain an ocean-going vessel. In addition to classroom and ﬁeld training during the regular school year, you will sail aboard the Training Ship GENERAL RUDDER

during three summer cruises to gain practical experience in seamanship, navigation, and engineering operations. At the conclusion of the program, you will be examined to become licensed in the Merchant Marine as a deck or engineering oﬃcer and may seek employment in the exciting ﬁeld of marine transportation.

Engineering Program The Marine Engineering Technology curriculum is an inter-disciplinary program based on a thermal poweroriented specialization in classical mechanical engineering, with additional courses in electrical power and naval architecture. Theoretical knowledge is reinforced though practical application in labs and through direct operation of marine machinery aboard the University's training ship. The program prepares students for careers as engineering officers aboard merchant ships, as well as careers in shipyards, building, inspecting, and repairing vessels. In addition to shipping, graduates can work in many other fields, including: offshore exploration and development, petroleum production and refining, power plant operations, construction, and repair, and facilities engineering at institutions such as hospitals and universities.

John Manlove and Leah Manlove Howard

Redefining industries for generations. MARKETING • COMMUNICATIONS • ADVERTISING Core Identity Development • Strategic Planning • Brand Development • Business Development • Media Planning & Buying

281.487.6767 • 800.848.4088 • JohnManlove.com

MARITIME

Created on 9-8-16

PORT OF HOUSTON PORT OF GALVESTON

Legend

AVAILABLE PROPERTY: DEEPWATER ACCESS Strategically, Logistically and Geographically â&#x20AC;&#x201D; Galveston is positioned at the front door of the Gulf of Mexico. Long term development opportunities exist with the availability of roughly 1,300 to 1,400 acres of undeveloped green space adjacent to the deep water Galveston Ship Channel abutting the Houston Ship Channel. The Port of Galveston owns approximately 300 acres, while the Port of Houston maintains over 1,000 acres of undeveloped property. Ideally, these properties will strategically aid in the development of quality â&#x20AC;&#x201D; primary jobs, expansions to the tax base and sustainable investment and development.

PELICAN ISLAND BRIDGE Due diligence continues in the selection of an alternative alignment for replacing the Pelican Island Vehicular Bridge. Galveston County has taken a leadership role in moving forward in this process. Public meetings have occurred with multiple alternative alignments. The addition of a rail bridge in the long-term is included in some of the alternative design scenarios. Given the concentration of undeveloped property, Pelican Island is seen as a tremendous economic development opportunity to expand the economic impact of the Maritime Industry, enhance existing users of Pelican Island for retention, expansion and diversification activities, and complement the existing industrial, educational and tourism mix that currently calls Pelican Island home.

2017 GEDP Developer Profile 51

Promoting and Advocating for Business and Community Development since 1845

Serves as YOUR voice for business. grows island businesses. fosters member prosperity. We are in the business of building business. Join the Galveston Regional Chamber of Commerce today! photo courtesy of Galveston Island CVB

2228 Mechanic, Suite 101 â&#x20AC;˘ Galveston, TX 77550 â&#x20AC;˘ 409.763.5326

www.GAlvestonChAmBer.Com

Gina M. Spagnola

PresIDent AnD Ceo

EDUCATION

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

• Galveston College

• Texas A&M University at Galveston (TAMUG)

• The University of Texas Medical Branch at Galveston (UTMB)

With over 8,000 students Galveston is indeed a college town. These institutions work collaboratively to translate their unique worldrenown 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. Galveston Independent School District (GISD) takes advantage of the remarkable local higher-level educational institutions on the island. Strong partnerships exist within all campuses of UTMB, Texas A&M Galveston campus and Galveston College. Galveston’s private and charter schools also have the advantage of benefiting from the opportunities afforded by partnerships with the higher educational institutions on the island. Galveston College has a broad curriculum, geared toward workforce training for Galveston’s strongest industry sectors. From its partnership with UTMB offering programs in the health care field, to training programs, such as welding, geared to the maritime industry and programs set to train those interested in careers in the hospitality industry, students are able to find a program to fit their interests.

Texas A&M University at Galveston (TAMUG) is home to the only maritime academy on the Gulf Coast and one of only six in the U.S. In addition to the maritime academy, student curriculum focuses on the maritime fields, such as maritime engineering and administration, marine biology and several others. TAMUG also boasts one of the highest success rates for student job placement post-graduation and is growing at a rate of 5 to 9 percent annually. The University of Texas Medical Branch at Galveston (UTMB) has a very diverse student population within the four schools of its institution – school of nursing, school of medicine, school of health professions and the graduate school of biomedical sciences.

GALVESTON EDUCATION FOUNDATION (GEF) To support teachers, the Galveston ISD Educational Foundation was founded in 2002. To date, the foundation has awarded more than $3 million in grants to teachers and schools. The foundation collaborates with the district to support a variety of district-wide programs and has reached thousands of students.

GALVESTON: SCHOOL ENROLLMENT

16,548 TOTAL STUDENT ENROLLMENT

Ball High Robotics team demonstrates at the 2016 GEDP Economic Development Summit. Currently GISD offers robotics in 8 of its campuses and by 2018, just about all of GISD schools will offer a robotics program. The goal is to equip students with the tools to prepare them for problem solving and decision making, post secondary learning and provide career opportunities in STEM fields.

7,010

1,500

2,300

2,500

GALVESTON ISD

PRIVATE/ CHARTER

GALVESTON COLLEGE

TAMUG

3,238 UTMB

2017 GEDP Developer Profile 53

EDUCATION

GISD AT A GLANCE

7,010 STUDENT ENROLLMENT

PRE-K AND ELEMENTARY SCHOOLS

42%

MIDDLE SCHOOLS

31% of enrollment

of enrollment

27%

HIGH SCHOOLS of enrollment

$80M

1,100

OPERATING BUDGET

EMPLOYMENT

2016

DISTINCTIONS (STAAR)

OPPE ELEMENTARY EARNED ALL 5 DISTINCTIONS

BLUE RIBBON SCHOOL AUSTIN MIDDLE SCHOOL 2 YEAR HONOR

LA MORGAN EARNED 4 OF 5 DISTINCTIONS

ROBOTICS ON THE RISE AT GISD As of 2017 Ball High School, Central Media Arts Academy, Austin Middle School Collegiate Academy, Oppe Elementary, Morgan Elementary, Coastal Village Elementary and Burnet Elementary Set for 2018 Parker Elementary and Crenshaw Elementary & Middle School

2017 GEDP Developer Profile

EDUCATION

GIS D Campus Spotlights AUSTIN MIDDLE SCHOOL Austin Middle School was one of the 342 schools recognized as National Blue Ribbon Schools for 2017. The recognition is based on a school’s overall academic performance or progress in closing achievement gaps among student subgroups. This coveted award affirms the hard work of educators, families and communities in creating safe and welcoming schools where students master challenging and engaging content. All schools are honored in one of two performance categories, based on all student scores, subgroup student scores and graduation rates:

COLLEGIATE ACADEMY AT WEIS In August of 2017, Collegiate Academy was named a Nationally Certified Magnet School by Magnet Schools of America (MSA), the national association for magnet and theme-based schools. Collegiate Academy was among the first 55 schools located in 12 states (AL, CA, CT, FL, LA, MD, NC, NV, SC, TN, TX, and WI) to successfully complete an approximately nine month evaluation process and demonstrate through evidence, reflection, and strategic action that it has established the best practices entailed in the Magnet School Standards of Excellence.

CENTRAL MEDIA ARTS ACADEMY KICKSTART KARATE PROGRAM This program focuses on the five reasons of WHY to practice Karate:

1. Character Education (compassion, responsibility, honesty, kindness, diligence, respect, patriotism and self-discipline)

2. Health Benefits

3. Role Models

4. Student Peers

5. Safer Schools and Communities

Photo by Robert Mihovil

Sea Camp participants at Texas A&M Galveston campus.

Private & Charter Schools Galveston Island also serves about 1,500 students through its private and charter schools.

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.

ODYSSEY ACADEMY Open enrollment public charter school that serves students in prekindergarten through eighth grade. Curriculum promotes an inquiry-based, student-centered, hands-on instructional model.

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

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

SATORI ELEMENTARY SCHOOL The school serves 30-35 children prekindergarten through sixth grade in small, multi-age classes.

MOODY METHODIST DAY SCHOOL MOODY EARLY CHILDHOOD CENTER An exciting addition to the Galveston educational landscape is the Moody Early Childhood Center which opened in 2016. The Center is a non-profit organization operating in partnership with GISD, with the Moody Foundation providing major funding. This generous support allows the Center to offer tuition on a sliding scale and make enrollment available to all Galveston families no matter their income.

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.

O’CONNELL HIGH SCHOOL Catholic High School offers 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. 2017 GEDP Developer Profile 55

Community College in Texas for three consecutive years! – schools.com

Galveston College offers associate degrees and certificates in academic, workforce and industrial training and continuing education. Academic/Transfer Programs include:

Technical & Workforce Programs include:

• • • • • • • • • • •

• • • • • • • • • •

Arts Biology Biology & Pre-Professional Health Business Administration Chemistry Computer Science Criminal Justice Drama Education Engineering General Studies

• • • • • • • • • •

Health Sciences Health & Physical Education History Mathematics Physics Political Science Psychology Sociology/Social Work Speech Communications English

Computerized Tomography Technology Cosmetology Culinary Arts Electrical & Electronics Technology Emergency Medical Services Heating, Ventilation, & Air Conditioning Law Enforcement Magnetic Resonance Imaging Medical Administration Medical Coding

• • • • • • • •

Medical Office Assistant Nuclear Medicine Technology Nursing (RN) Radiation Therapy Radiography Surgical Technology Vocational Nursing Welding Technology

4015 Ave. Q, Galveston TX 77550

www.gc.edu | 409-944-GCGC It is the policy of Galveston College to provide equal opportunities without regard to age, race, color, religion, national origin, sex, disability, genetic information or veteran status.

EDUCATION

GALVESTON COLLEGE In fall 2017 Galveston College entered its 51st 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 at 4015 Avenue Q on Galveston Island, Galveston College has blossomed to a dynamic community college covering two locations. Galveston College offers full two year associate degrees, one year degrees, certificates and sessions of classes or training. Programs include courses in academic transfer, workforce training, continuing education and professional development. The Galveston College Board of Regents is the legally constituted body representing the citizenry of the Galveston Community College District. The Board of Regents formulates and adopts policies that will effectively guide the organization and operation of the College District. The Board consists of nine members elected by position at large from the College District at regular elections. Members serve six year terms. Galveston College has two locations. The Main campus at 4015 Avenue Q encompasses a full city block and a half between 39th and 41st streets in Galveston with additional parking, apartments and dormitory housing for athletes in surrounding areas. The Main Campus features six major buildings including Moody Hall, Regents Hall, Mary Moody Northen Center, Fine Arts Building and Gymnasium, Cheney Student Center and the Abe and Annie Seibel Foundation Wing. Future plans call for student housing in a nearby location. The second location is the Charlie Thomas Family Applied Technology Center located at 7626 Broadway Boulevard in Galveston. That campus consists of four buildings. The Charlie Thomas Family Applied Technology Center opened in September of 2013 with vocational programs of Cosmetology, Welding, Heating Ventilation and Air Conditioning, Electronics and Electrical Technology, Pipefitting, and Medical Administration. Other vocational programs will be housed at the Center as they are developed for the Galveston workforce. Galveston College attempts to provide access to higher education and training to every student that wants it. A full time student who resides in the college district and takes 12 credit hours will pay tuition and fees of $839 per semester making Galveston College one of the most affordable higher education opportunities in Texas.

Galveston College anticipates offering its first ever four-year, baccalaureate degree programs - BS in nursing and BAS in healthcare management in the Fall of 2019. Approvals are being finalized and this program will address the significant shortage of registered nurses in Texas.

A special program of the Galveston College Foundation called Universal Access gives tuition assistance to every high school, home schooled and GED graduate that lives in Galveston. The Universal Access program has received national and state wide recognition. The Galveston College Foundation also awards over $90,000 in other scholarships annually to students. Galveston College ended its 50th anniversary celebration with a record setting commencement graduating 533 students with Associate Degrees and Certificates, a third consecutive year of being named the number one community college in Texas by Schools.com, and firm plans to move forward with building student housing and the pursuit of other needed facilities.

GALVESTON COLLEGE AT A GLANCE 2,300

$839

ENROLLMENT

TUITION

Fall 2015-16 semester

533 Received associate degrees and certificates in 2016

SCHOLARSHIPS Amount awarded by Galveston College Foundation annually

4,700

$5.7M AWARDED

Fall 2001 - Fall 2015

Raymond Lewis Jr. – Chair Karen Flowers – Vice Chair

GRADUATES

$90,000

STUDENTS

FACULTY

STUDENT SUCCESS

Full-time student 12 credit hours

UNIVERSAL ACCESS

BOARD OF REGENTS

#1 RANKING COMMUNITY COLLEGES IN TEXAS THIRD CONSECUTIVE YEAR By Schools.com

Fred Raschke – Secretary

FULL-TIME FACULTY

ADJUNCT FACULTY

ADMINISTRATIVE STAFF

CLASSIFIED STAFF

Carroll Sunseri

Tino Gonzalez

PROFESSIONAL/ TECHNICAL STAFF

PART-TIME STAFF

Carl Kelly

Michael Hughes Armin Cantini

2017 GEDP Developer Profile 57

If this is what you are seeking, then you need Texas A&M University at Galveston Managing intricate port operations Developing and managing vital tourism venues

Operating ships and boats at the highest level of professionalism

Managing fisheries

Developing resilient communities on the coast

Ensuring environmentally safe waterways

Designing ocean and coastal systems

Our highly acclaimed maritime administration graduates manage ports, shipping and logistics throughout the world. Our engineers perform ocean-related work that takes them from the land to the sea and the depths below. Our marine transportation graduates are in demand as shipâ&#x20AC;&#x2122;s officers who sail the oceans transporting goods and people around the world or serve our country in the Navy. Our award winning graduates in the marine sciences explore, research and protect our oceans, wetlands and sea life. Recently programs have begun in tourism and coastal community development to serve the needs of the coast. And our research teams lead in developing hurricane resistant coasts to preserve lives, property and economic vitality. Our graduates are leaders molded by Aggie values, ethics, leadership, knowledge and experience with the foundation of being a graduate of Texas A&M University. Today, our graduates are working with their can-do attitude all around the world.

Aggieland does not stop at the waterâ&#x20AC;&#x2122;s edge

EDUCATION

TEXAS A&M UNIVERSITY: GALVESTON CAMPUS Located on Galveston Bay, at the Port of Galveston, close to the confluence of the Galveston and Houston ship channels, with immediate access to the nearby Gulf of Mexico, bays, inlets, wetlands and beaches, Texas A&M University at Galveston is perfectly situated for its unique marine and maritime academic programs and leading edge research. This marine-focus campus of Texas A&M University offers each student a high impact, transformational educational experience. The campus on Pelican Island is changing physically through an ambitious building program with an investment of $228 million since 2010 and another $215 million on the drawing board. The physical transformation is an outcome of the growth in enrollment as well as the addition of innovative academic programs that offer training in areas that align with workforce demands in the State and the Nation. Programs concentrating on maritime law, environmental policy, maritime policy and communications, tourism and coastal community development have joined the acclaimed maritime administration, marine sciences, and marine biology. The learning experiences are focused on best practices to achieve student success. The degrees from this Tier One institution lead to challenging and gratifying careers. Enrollment at Texas A&M Galveston has increased to close to 2,500 while attracting students from 43 states and 21 countries. All have a desire to learn from these diverse programs, experience studies-related work, and live in a coastal environment. Texas A&M Galveston is home to the Texas A&M Maritime Academy, its 600 cadets, and the academy’s training ship the General Rudder. The academy is one of only six state maritime academies in the nation and the only one on the Gulf Coast. With bachelor’s degrees in either marine transportation or marine engineering technology, graduates receive their US Coast Guard license as Third Mates or Third Engineers. The academy also commissions those who want to serve as officers in the United States Merchant Marine, Navy and Coast Guard. Through its world class researchers the university leads the way in coastal sustainability and disaster mitigation and recovery. It is the incubator of the Ike Dike project, a coastal barrier project that would protect the Houston-Galveston region, including Galveston Bay, from hurricane storm surge that would save lives, billions of dollars in property damage, and thousands of jobs.

The campus’s researchers and scientists have been recognized with an unprecedented increase in research grants in marine science, seafood safety, oceanography, environment, sea life and the study and protection of our Texas shorelines, bays and waterways. With its growth, Texas A&M Galveston has added several new structures to the skyline of Galveston. Just opened in the fall of 2017 is phase one of a new academic complex with phase two under construction now. Overlooking the waterfront is a newly opened campus pavilion with an attached amphitheater. While the university continues to build on these advances in programs, research and physical plant, the institution is rooted on its firm foundation of the core values, dedication to service and spirit of Texas A&M. The university’s rich heritage of traditions develops character, leadership, loyalty and public service. Texas A&M University at Galveston is committed to its leadership in ocean-related education, research and service and imbuing students with the Aggie spirit and values.

TAMUG AT A GLANCE GROWTH 33%

2,500 ENROLLMENT

INCREASE FROM 2010-2016

1 OF 6

600

MARITIME ACADEMIES IN THE U.S.

CADETS

ENROLLMENT JOINT ENGINEERING PROGRAM Since 2016 inaugural year

2016: 250 2017: 450 2018 projection: 900

STUDENTS ORIGINATE FROM

43 STATES & OVER 21 COUNTRIES

ECONOMIC IMPACT FY 2015: $34.6M

FY 2017: $41.0M

FY 2016: $39.0M

FY 2018*: $43.9M

*Estimated on conservative student enrollment growth. Additional growth is expected and will increase expenditures and likely an increase in off-campus student housing rental demand.

CAPITAL INVESTMENTS FOR CAMPUS GROWTH $228M

$215M

SINCE 2010

PLANNED INVESTMENT 2019-2020

Source: The Economic Value of Texas A&M Galveston to the Economy of Galveston County in FY 2014-2015, a report by Economic Modeling Specialists International (2016)

2017 GEDP Developer Profile 59

Move Your Office to the Heart Of Downtown Galveston Hunter Building 306 22nd St.

Marine Building 305 21st Street

Old Galveston Square 2217 Strand St.

FOR LEASING INFORMATION, CALL 409.761.4110 OR VISIT www.MitchellHistoricProperties.com

Mitchell Historic Properties

EDUCATION

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

WATERFRONT PAVILION Capital Investment: $6 million Completion date: Completed in fall 2017 The Pavilion will restore valuable waterfront event space that was lost during the reconstruction of the campus marina and will include a multipurpose room that will accommodate 150 people in banquet seating and nearly 275 people in theater seating. Unique to this new building will be its indoor/outdoor capability. Much of the glass exterior windows will be designed to fold which will extend the indoor space outdoors to an open air deck that will accommodate additional 50-100 seats, depending on event setup. In addition, the project will also include an outdoor amphitheater that can further extend the space of the pavilion, or also be used as a separate venue for outdoor events.

ACADEMIC CENTER: PHASE 1 Completion date: Completed in fall 2017 A new 91,000-square-foot academic complex is being constructed on campus. Phase 1 will accommodate the interactive spaces and operations currently in the Sea Aggie Center, including classrooms laboratories, Enrollment Services, Research and Graduate Studies and the cashier. Through a generous gift from the Abe and Annie Seibel Foundation, the campus also will be able to relocate the Office of Academic Enhancement, the Honors Program and Undergraduate Research Scholars into the new building and effectively build a new student learning center for the campus.

ACADEMIC CENTER: PHASE 2 Phase 2 consists of a large lecture facility/support services building, with nearly 38,000 assignable square feet. It will provide a striking addition to the â&#x20AC;&#x153;front doorâ&#x20AC;? of the campus and include large lecture space that can be subdivided into smaller lecture spaces, a number of seminar rooms, new space for the campus bookstore, mail services and copy center, and support space that will house Administration and Auxiliary Services, including Human Resources. A variety of architectural design features and material colors and textures will enhance the visual impression made as prospective students and faculty, families and other campus visitors arrive on campus.

2017 GEDP Developer Profile 61

Improving Health, Improving Lives

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

Since its founding in 1891, UTMB has looked to the future. Today, UTMB is one of the largest and fastest-growing academic health centers in the nation, expanding enrollment in its schools of Medicine, Nursing, Health Professions and Biomedical Sciences. UTMB’s world-renowned researchers are making life-saving discoveries, and its comprehensive clinical enterprise has expanded to three campuses throughout the Southeast Texas region, increasing patient access to quality health care and providing students with innovative, hands-on training opportunities. UTMB is improving health and health care delivery for the future of Texas, the nation and the world—the very heart of UTMB’s mission. UTMB HEALTH HIGHLIGHTS • Expanding access to health care and educational opportunities for health care trainees beyond the historic Galveston Campus to campuses in League City and Angleton Danbury—all designed to advance hope, healing and progress • Significant economic impact includes $2 billion budget, enrollment of 3,200 students and more than 12,900 employees statewide

Jennie Sealy Hospital on Galveston Campus

• Employing more than 9,000 people who work in the Galveston County region with an annual payroll of $662 million, a major positive impact on the regional economy • Proud of UTMB’s Diversity – 44.5 percent of UTMB’s workforce are minorities and 72 percent are women – Designated as a “Military Friendly School” because of UTMB’s recruitment and retention of military employees, students and spouses – Recognized as a “2017 Top Performer in LGBT Healthcare Equality” from the Human Rights Campaign – Diversity is a core value at UTMB, and this recognition supports a strong tradition of team commitment in advancing a culture of inclusion at UTMB Health

League City Campus Hospital

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

Angleton Danbury Campus

www.utmb.edu

Educating the Health Care Workforce of Tomorrow

ROM THE TIME UTMB WAS ESTABLISHED AS THE STATE’S FIRST MEDICAL SCHOOL IN 1891, the university has trained more health care professionals than any other Texas academic health center. UTMB is now in an era of unprecedented growth, with enrollment in its schools of Medicine, Nursing, Health Professions and Biomedical Sciences increasing by about 38 percent since 2008. To accommodate that growth and help address critical health care workforce shortages in Texas, UTMB is building a new Health Education Center, expected to open on the Galveston Campus in 2019. 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.

EDUCATION HIGHLIGHTS • UTMB is one of largest and fastest growing academic health centers in the U.S.

• Award-winning, innovative curricula; focus on interdisciplinary team approach to learning

• Enrollment increased by more than 38 percent since 2008 in the schools of Medicine, Nursing, Health Professions and Graduate Biomedical Sciences

• School of Nursing’s online graduate program received the top spot in the annual Top 25 Best Online Master’s Programs for Nursing Degrees ranking published by OnlineCollegePlan.com

• UTMB ranked as one of the Top 10 allopathic medical schools in the U.S. based on active total enrollment for the 2016-2017 academic year • New UTMB Health Education Center to open in 2019 on Galveston Campus

EDUCATION FAST FACTS • 1,305 graduates in 2016 • 3,238 students (Fall 2016) • 961 faculty

– 160,000 square feet across five floors

• 618 residents in training

– Features a simulation center to enable students to practice a wide range of skills in a low-risk, high-realism environment

• A leader in student diversity; for the 17-year period 20002016, UTMB School of Medicine has ranked:

– Includes collaborative instructional spaces to accommodate planned growth of UTMB’s interprofessional education programs • Critical “real-world’’ educational opportunities provided to students in the new state-of-the-art Jennie Sealy Hospital in Galveston, the new hospital on League City Campus, and new models of care in a community hospital setting offered at Angleton Danbury Campus

– 1st nationally in number of Hispanic medical school graduates – 4th nationally in number of African-American medical school graduates – 2nd nationally in number of under-represented minority graduates, excluding medical schools at historically black universities and in Puerto Rico

www.utmb.edu

Changing the World through Groundbreaking Research

S A PIONEER IN LIFESAVING RESEARCH THAT TRANSLATES INTO TIMELY TREATMENTS AND CURES, UTMB has attracted some of the finest researchers in the world. In fields ranging from emerging infectious diseases, biodefense, vaccine development 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 gained world renown during an Ebola outbreak in West Africa in 2014. Since then, UTMB’s scientists have been at the fore of developing a vaccine for the Zika virus, which has led to its researchers being called upon throughout the world in the fight to help stop the spread of the disease. To ensure the future of UTMB’s world-class research expertise, expansion of research facilities on UTMB’s Galveston Campus 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.

RESEARCH HIGHLIGHTS • Home to the only national lab in Texas and one of two national biocontainment labs in the U.S. dedicated to developing treatments, vaccines and diagnostics to combat infectious threats to health, such as Ebola and the Zika virus • One of world’s largest university-based vaccine development centers; named a World Health Organization (WHO) Collaborating Center for Vaccine Research, Evaluation and Training on Emerging Infectious Diseases; UTMB is only the 2nd university in the Western Hemisphere and the 7th in the world to receive this designation from WHO • UTMB scientists engineered the world’s first Zika virus infectious clone, a key to rapid vaccine development and unraveling how the disease causes birth defects and disease • Other significant areas of research include: – Conducting cutting-edge research aimed at reducing memory problems associated with Alzheimer’s disease and studying potential links between traumatic brain injuries and neurodegenerative disorders – Growing human lungs in a lab with techniques that may spearhead groundbreaking advances in regenerative medicine; these experiments have recently been replicated aboard the International Space Station RESEARCH FAST FACTS • $122 million in research expenditures (FY2016) • 201 active U.S. patents protecting UTMB inventions • School of Medicine’s Microbiology & Immunology Department ranked among top 10 in National Institutes of Health (NIH) rankings of all domestic departments of Microbiology • 5 faculty ranked in NIH Top 50 in their respective disciplines • School of Health Professions ranked 15th in NIH funding • Research building expansion opening in early 2018

www.utmb.edu

Convenient Access to Exceptional Health Care

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

UTMB HEALTH SYSTEM HIGHLIGHTS • Significant renovations to the interior and exterior of John Sealy Hospital—thanks to a major grant from The Sealy & Smith Foundation—set for completion in 2020 • Second phase of construction at UTMB League City Campus— approved by the UT System Board of Regents in May 2017—is underway. The $152 million expansion will: – Increase patient capacity to approximately 100 beds and provide space for related services – Add 123,000 square feet to the hospital to help UTMB accommodate the rapid growth taking place in northern Galveston County • Recently opened hospitals: – Jennie Sealy Hospital on the Galveston Campus in April 2016, offering top-quality health care to patients in a technologically advanced yet soothing, healing environment – League City Hospital in June 2016, featuring a Labor, Delivery, Recovery and Postpartum Unit with specialty care for moms and newborns, operating rooms, radiology and imaging services and an Emergency Department with 10 rooms and complete diagnostics lab • Collaboration with the University of Texas M.D. Anderson Cancer Center to expand on UTMB’s League City Campus; M.D. Anderson will lease land from UTMB to build an outpatient cancer center, opening in 2018 • UTMB Health Angleton Danbury Campus provides new models of care and new training opportunities for UTMB students, residents and faculty through its small-community setting, as well as opportunities for patients within the Brazoria County area to access high-quality care close to their homes • UTMB named a five-star academic health center, receiving the prestigious 2017 Vizient Bernard A. Birnbaum, MD, Quality Leadership Award that recognizes superior quality and care provided to patients.

• Received an “A” grade from the Leapfrog Group for UTMB’s accomplishments in reducing errors, infections and accidents that can harm patients. • Level 1 Trauma Center provides care to 1.2 million people in a nine-county service area and is one of three such centers serving all ages in populous Southeast Texas; the only trauma center in the region that is also a Level 1 burn center • Extensive network of clinics providing care from Conroe to McAllen, including new clinics in Angleton, Webster, Texas City and Friendswood • UTMB is one of one of only nine hospitals in the country selected by the U.S. Department of Health and Human Services to be a regional treatment center for patients with Ebola or other highly infectious disease • Among only seven percent of U.S. hospitals with nursing Magnet status, a prestigious designation that recognizes excellence in nursing UTMB HEALTH SYSTEM FAST FACTS (FISCAL YEAR 2016) • Recorded 1,015,673 outpatient encounters and 30,298 hospital discharges • Delivered 6,091 new Texans • Served 66,209 Emergency Department patients • Conducted 128,966 telemedicine encounters, including five-year telemedicine contract to provide all medical services to three National Science Foundation research stations in Antarctica

www.utmb.edu

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

Jimmy Rasmussen President and CEO

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

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

We take part in local civic organizations to further serve the community we share. We know Galveston. We received our national banking charter as Bank of Galveston and began operations on the Island in 1966, and have been an important part of the local business scene for half a century. In 1999, Bank of Galveston changed its name to HomeTown Bank, National Association, to reflect its expansion to serve cities other than Galveston, and now has seven locations: two on Galveston Island, two in Friendswood, and one each in League City, Alvin and Pearland. Each of the bank’s employees takes great pride in the quality of service provided by their “HomeTown family.” Jimmy Rasmussen, the bank’s President and CEO since 1989, believes there is a knack to succeeding in business in Galveston: “We’ve learned, in five decades of service, that Galvestonians like to know the people they do business with. They look out for each other, and they like to trade with local merchants. They want to build long-lasting relationships based on trust, and so do we,” he said.

Michael J. Gaido, Jr. Board Chairman

“HomeTown Bank’s loan officers give customers a personal experience of community banking and are

responsible for their loans from start to finish,” Rasmussen said. “They take pride in the many community activities in which they are involved, and in watching the Island prosper as a result of those loans.” HomeTown Bank has a long history of consistent leadership on its board, with members who themselves have been highly successful in Galveston business. We are accessible. When HomeTown Bank customers need to talk to their banker, they dial a local number and get us on the phone. Sure, we have mobile and online banking, but sometimes you just need to call, and we will answer! The Main Bank lobby at 45th Street and Avenue O1/2 is open Monday-Thursday from 9am-2pm and on Fridays from 9am-6pm, as well as Saturdays from 9am-12pm. The Seawall branch at 45th and Seawall Blvd. is open Monday-Thursday 9am-5:30pm and on Fridays from 9am-6pm.

How to Contact HomeTown Bank Main Office: (409) 763-1271 Seawall: (409) 763-5252 www.htbna.bank

Our convenient drive-through Lending options include banking at both locations starts commercial real estate, weekday mornings at 7:30am. construction and expansion loans, consumer installment Our heart and resources loans (including automobile are in Galveston. We make loans), residential real estate, decisions on loans right here second mortgages, home in Galveston because we are locally owned. There’s no need improvement and home equity loans. to wait for approval from

text message banking, online bill pay, mobile deposit, and instant issue debit cards. The bank is also a member of ATM networks offering worldwide access. Cash management for businesses includes commercial remote deposit capture. 4 HomeTown Bank App The new SecurLock Equip 4 Account-to-Account online some far-off manager in a app allows its customers to external transfer Personal and business accounts distant state who doesn’t have complete control over include checking and various 4 HomeTown Bank Debit Card have a clue about local needs their HomeTown Bank debit types of interest-bearing control through SecurLock or conditions. card(s). The card(s) can easily deposit accounts, including Equip App be turned on or off through a The bank funded $103.1 million interest-bearing checking, 4 Send money by text or email mobile smart phone and users in new loans in 2016, with 100% money market, savings, and 4 Mobile Banking and Deposit can even define complete of that total going back into the time certificates of deposits. parameters for the card’s communities we serve. 4 Instant-Issue Debit Cards Those traditional services are usage by dollar amount, Deposit growth for 2016 was 4 Online Bill Pay augmented by state-of-the-art type of merchant and even $16.3 million. technology like mobile banking, 4 Online Cash Management geographical location. online banking, including Net after-tax earnings in 2016 for Businesses “HomeTown Bank has a full were $6.23 million, and total range of competitive personal 4 Commercial Remote capital grew to $56.59 million Deposit Capture “HomeTown Bank’s loan and business banking services,” after paying a record cash divi4 Paperless Statements officers give customers a Rasmussen said. dend of $3.50 per share in 2016. (eStatements) personal experience of “And with that full-service The bank’s deposit accounts 4 24-Hour Bank by Phone convenience banking comes are insured under the Federal community banking.” our accessible team of friendly 4 Personal Loans Deposit Insurance Act up to staff members and their applicable limits. The bank is 4 Home Loans commitment to serving our local account-to-account online a member of the Federal 4 Construction Loans external transfer, the personal communities. It is our people Reserve System and the ® who make the difference.” 4 Home Improvement Loans payment service Popmoney, Federal Home Loan Bank.

YES, WE DO.

Local bankers making local decisions that help our local economy.

Scott Kusnerik Executive Vice President Loan Officer, Galveston

Cesar Hernandez Vice President Loan Officer, Galveston

Brandon Rogers Vice President Loan Officer, Galveston

Anthony Cristelli Assistant Vice President Loan Officer, Galveston

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SECTION HEADER

alveston is steeped in innovation and entrepreneurship. Examples abound including the construction of the Seawall and grade-raising of the City after the 1900 Storm. Throughout its’ history, Galveston was the City of First’s. Leading the way Galveston introduced the State’s first post oﬃce, first opera house, first hospital, first golf course, first country club, first newspaper, and much, much more.

This foundation of Emerging Technology has expanded across the Galveston and Galveston County region. The Galveston National Lab at the University of Texas Medical Branch at Galveston (UTMB) serves as a national resource, state-of-the-art facility. Dedicated to biodefense and bioterrorism, this facility seeks to commercialize therapeutics, diagnostics and vaccines. This work has recently been supplemented with the addition of a new initiative entitled Medical Branch Innovations (MBI). This program is developing a bridge between emerging technologies and the resources necessary for successful commercialization. In addition to UTMB, our region is seeing significant investment in additional healthcare and research facilities most notably in the northern county area of League City. Development activity is in discussions with most of our major medical entities including

UTMB, Memorial Hermann, M.D. Anderson, Clear Lake Regional and Bay Area Regional systems. This growth within close proximity to Galveston, Texas A&M University at Galveston, the NASA - Johnson Space Center and the Texas Medical Center all point to an exciting future for healthcare and emerging technology for Galveston and Galveston County. Earlier this year collaboration began between the Galveston Economic Development Partnership and the League City Regional Chamber of Commerce. From the suggestion of Dr. David Callender, President of UTMB, this collaboration now includes League City Economic Development leaders, the Bay Area Houston Economic Partnership, the private sector potentially seeking development opportunities and multiple public sector stakeholders. This eﬀort is focused on synchronizing our regional assets, current strengths and potential development opportunities for growing this region through proactive emerging technology initiatives. Industry clusters identified thus far include Maritime, Life Sciences, Energy (Petrochemical, Water, etc), Aerospace, Sports, Autonomous Systems, and Resiliency technologies.

2017 GEDP Developer Profile 69

EMERGING TECHNOLOGY

Industry Clusters present or strategically positioned for growth within our region include: • Maritime

• Life Sciences

• Energy • Aerospace

• Sports (Medicine/Technologies)

• Resilience (Disaster Preparedness/ Response/Recovery/Mitigation)

• Autonomous Systems

Companies in Galveston County Region, Metro Houston MSA The following number of companies have a location in Galveston County’s Region, Metro Houston MSA:

• 192 Medical Laboratories

• 97 Companies which conduct R&D in Biotechnology

• 93 General Medical and Surgical Hospitals

• 26 Pharmaceutical Preparation Manufacturers

• 22 Surgical and Medical Instrument Manufacturers

• 13 Electromedical and Electrotherapeutic Apparatus Manufacturers

• 5 Biological Product (except Diagnostic) Manufacturers

Engineering Talent The following are the number of engineers employed in the Galveston County region, Houston MSA, which can support this sector:

• 4,064 Chemical Engineers

• 2,874 Chemists

• 595 Materials Engineers

• 258 Biomedical Engineers

• 135 Nuclear Engineers Source: Galveston County, www.developgalvestoncounty.com

2017 GEDP Developer Profile

EMERGING TECHNOLOGY ECOSYSTEM INVOLVES 3 CRITICAL ELEMENTS

HEALTH CARE/EMERGING TECHNOLOGY

HOUSTON METHODIST ST. JOHN HOSPITAL

BAY AREA REGIONAL MEDICAL CENTER MEMORIAL HERMANN SOUTHEAST

UTMB LEAGUE CITY CAMPUS

HOUSTON PHYSICIANS HOSPITAL

MEMORIAL HERMANN CONVENIENT CARE

UTMB GALVESTON JOHN SEALY HOSPITAL

MD ANDERSON CANCER CENTER

UTMB GALVESTON JENNIE SEALY HOSPITAL CLEAR LAKE REGIONAL MEDICAL CENTER HEART CENTER

SHRINERS BURN HOSPITAL FOR CHILDREN

MAINLAND MEDICAL CENTER

CLEAR LAKE REGIONAL MEDICAL CENTER

2017 GEDP Developer Profile 71

OPENING JANUARY 2018 WWW.HHER24.COM

HEALTH CARE/EMERGING TECHNOLOGY

UTMB LEAGUE CITY CAMPUS EXPANSION PROJECTS UTMB Collaboration with MD Anderson Cancer Center: MD Anderson is leasing property on the League City Campus, where it is constructing a $110 million, 190,000-square-foot full-service outpatient cancer center. This collaborative effort will allow both institutions to expand access to advanced health care services by taking full advantage of MD Anderson’s internationally recognized expertise in cancer care and clinical research; the investments UTMB has made in its League City Campus and surrounding clinics; and UTMB’s extensive network of primary and specialty care providers throughout the region. The center is set to open in May 2018. UTMB Clinic: Construction of the UTMB Clinic on the second level of the MD Anderson Cancer Center facility is expected to start this fall and features 9,100 square feet of multi-purpose clinic space, 12 flex examination rooms and two treatment rooms. Activation is set for next summer with the first patient anticipated in fall 2018. Parking Garage and Bridge: The new, seven-story parking garage with an attached 33,000 square foot multi-use building and connecting bridge will begin construction this summer and is expected to reach substantial completion by May 2018. Phase II Expansion: Construction of the five-story South Tower— which includes 60 additional patient beds on two floors—will begin in March 2018 with the expansion set to be operational by 2020.

Living on the Island is great! Call today to explore the possibilities

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2017 GEDP Developer Profile 73

Thank you Galveston County The Best Title Company in 2017.

Actually...

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READERS’ CHOICE 2017

Galveston 222 Kempner (409) 763-4641

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

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

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

Santa Fe 13229 FM 1764 (409) 925-3800

Texas City 905 Logan (409) 948-1771

HEALTH CARE/EMERGING TECHNOLOGY

John Sealy Hospital Modernization rendering

UTMB JOHN SEALY MODERNIZATION Renovations to John Sealy hospital are currently taking place and should be expected to be completed by 2020. This extensive modernization project includes updating of the exterior façade with a similar look as the new Jennie Sealy hospital as well as complete remodeling and expansion of the patient rooms within the two towers. Updates will also include infrastructure to support the latest technological advancements. Building 17E: This 90,500 square-foot facility will further ensure UTMB’s standing as a world-class research enterprise and provides the organization with state-of-the-art facilities that are resilient and support the university’s strategic mission. Waverley Smith Pavilion Renovation: The project that will connect Jennie Sealy Hospital and the Clinical Services Wing (CSW) to John Sealy Hospital, Café on the Court and the Hospital Parking Garage is scheduled for completion in July. Heart and Vascular Center: Construction of a new family-centered Cardiac Catheterization and Electrophysiology suite is slated to open on the sixth floor of UTMB’s Jennie Sealy Hospital in July 2018. Health Education Center: The site for the new HEC, at 11th and Market streets, is currently being readied for construction of the five story, 162,000-square-foot facility that will serve as the centerpiece of UTMB’s educational future. It represents the largest and most dramatic addition to the institution’s educational infrastructure in many years and is slated for occupancy in May 2019.

Health Education Center rendering 2017 GEDP Developer Profile 75

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

40 miles from Houston Hobby Airport & major airline transportation

full_size_3_v2.indd 1

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

Contact Dottie Bossley at dbossley@galvestoncvb.com or call 409-797-5126

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

11/07/2017 09:51

TOURISM

Moody Gardens Golf Course now has top bragging rights after it was named the No. 1 golf course in the U.S. for the month of August, according to GolfNow.

TOURISM OVERVIEW Galveston Island’s natural amenities create its own economic engine. With 32 miles of beaches and many places for people to splash around or enjoy the wildlife, Galveston just naturally attracts people to visit. Galveston also has myriad quality, family- oriented attractions and festivals to put the island on the list of great places to visit, attracting more than 6.5 million visitors per year. Cruise business is big business for the Port of Galveston and the Galveston tourism industry. The port continues to reinvest in amenities and facilities for newer and bigger ships along Galveston’s waterfront. In addition to the activities of the cruise industry, Galveston has many other attractions that keep visitors entertained and excited during their time on this Island.

TEXAS A&M UNIVERSITY AT GALVESTON BACHELOR OF SCIENCE DEGREE IN UNIVERSITY STUDIES TOURISM & COASTAL COMMUNITY DEVELOPMENT The Tourism & Coastal Community Development (TCCD) concentration transforms students into a new class of professionals with the knowledge and skills to help coastal communities progress, while maintaining sound ecological and environmental practices. TCCD majors graduate from Texas A&M University Galveston Campus with the Bachelor of Science degree, and with the capability to guide industry and community toward a path that is both sustainable and economically beneficial. The goal of the TCCD concentration is to instill a host of skills important to gaining meaningful careers in the growing fields of tourism and community affairs.

Photo by Robert Mihovil

SAMPLING OF GALVESTON ATTRACTIONS Moody Gardens: Sits on 242 acres, complete with nine attractions (two seasonal), a hotel and a convention center. Schlitterbahn Waterpark Galveston: A one-mile river connects three distinct sections of Schlitterbahn in Galveston. The water park is home to four high thrill speed slides including Rohr!, Cliffhanger, and the immersive Screaming Serpents body slide. Surfenburg has raft rides and water coasters with great picnic pavilions and the Tiki Tikes Kids Area for kids of all ages. The world’s TALLEST water coaster MASSIV Monster Blaster can be found in Blastenhoff with a wave pool Shipwreck Harbor, and a swim up bar. The Galveston Island Historic Pleasure Pier: Opened in May 2012, the amusement park over the water, has become a leading Galveston attraction, further adding to the amenities of Galveston. Golfing: Golfing enthusiasts will be challenged by playing a round at either of the Island’s premiere golf courses – Galveston Country Club and Moody Gardens Golf Course. Beaches: 32 miles of family-friendly beaches. Enhancing this asset is the adopted Sand Management for the continual nourishing and enhancements for all to enjoy. The Strand Historic District: Home to multiple events throughout the year including Dickens on the Strand, Mardi Gras! Galveston, the Lone Star Bike Rally and so much more. And More…

TCCD career opportunities include: Ecotourism

Sports tourism

Coastal community planning & development

Environmental policy & legislative affairs

Convention & tourism offices

Hospitality industry liaison

Ecological economics

Tourism sociological impact researcher

NGOs & international social justice legal centers

Congressional/ legislative assistant

And, many others Photo by Robert Mihovil

2017 GEDP Developer Profile 77

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

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

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

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

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

Introducing

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

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

PortOfGalveston.com | 409-765-9321

TOURISM

KEY TRENDS OF 2016 ECONOMIC IMPACT OF TOURISM The economic impact of tourism-related activities stayed pretty consistent in almost all categories between 2015 and 2016 according to the Tourism Economics – 2016 Economic Impact Report commissioned by the Galveston Park Board of Trustees.

• Visitor volume increased .9 percent and lodging spending increased 1.0 percent in 2016. Visitor volume and lodging spending are 18.9 percent and 39.9 percent, respectively, above the previous peaks in 2007.

• Visitors to Galveston Island spent $780 million in 2016, which generated $1.1 billion in economic activity to the island’s economy.

• For overnight visitors, lodging and food represented more than half of all expenditures while top spending categories for day-trippers included food and retail. An estimated 61 percent of all visitors were day trippers.

Photo by Robert Mihovil

Tourism generated $158 million in taxes in 2016. Tourism-driven state and local tax proceeds of $76.6 million helped offset the average household tax burden by $3,620. While tourism generated a significant amount of hotel occupancy tax (HOT) revenue that is restricted, it also contributed $25.6 million in local sales and property tax revenue to the City of Galveston.

VOLUME OF VISITORS TO GALVESTON

CRUISING IS BIG BUSINESS

(Millions, including day and overnight visitors)

(2016)

5.7

5.8 5.6

6.5

6.4

6.0

5.8

Cruise Embarkations were 877,000

5.4

5.4 5.2

5.0

42% higher than 2006 peak of 617,000

4.8 4.6

Cruise passengers increased 4.7%

4.5

4.4 4.2 2009

2010

2011

2012

2013

2014

2015

2016

Cruise activity generated $ 58.4 million in passenger onshore spending & $ 19.1 million in services provided at the Port of Galveston

VISITOR VOLUME TRENDS (thousands)

HOTEL OCCUPANCY REPORTS

2011

2012

2013

2014

2015

2016

CRUISE PASSENGERS

459

604

605

642

837

877

% Change

5.7

31.5

0.1

6.1

30.5

4.7

TOTAL VISITORS % Change

5,437 5,697 5,823 6,026 6,409 6,466 8.3

4.8

2.2

3.5

6.4

Source: Port of Galveston, 2016 Tourism Economics

OVERNIGHT VISITOR SPENDING

DAY VISITOR SPENDING

$114 $50

YEAR

ROOM NIGHT DEMAND (%)

ROOM SUPPLY (%)

AVERAGE ROOM RATE ($)

% OF OCCUPANCY

2014

+ 4.2

+ 2.2

150.98

60.7

2015

+ 1.5

+0.2

148.49

61.6

2016

+ 0.3

+ 0.9

151.17

61.8

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

Galveston hit over 1 million room nights in 2015, putting it among the Top 15 cities in Texas for the number of room nights booked per year. Galveston’s inventory is approaching 6,000 available rental rooms based on hotels, condo and vacation rentals. 2017 GEDP Developer Profile 81

TOURISM

“Galveston Island delivers for the visitor. There is plenty to see and do when participants, teams, family and friends come to the area. The beach is certainly popular but the Moody properties, Pleasure Pier and Schlitterbahn Galveston and others combine to provide plenty for everyone.” As stated in the National Association of Sports Commissions – October 2016 Report to the Galveston Park Board.

SPORTS TOURISM In 2015, GEDP’s Tourism Task Force began discussing alternative markets for Galveston’s tourism portfolio that would increase the visitor spend on the island and increase visitation during the shoulder seasons (months that are not prime season). This effort has continued to grow and gain momentum in developing a vibrant Sports Tourism cluster within Galveston’s Tourism Industry. With the addition of new amenities and greater focus, Galveston is positioned to not only enhance facilities and activities for residents and visitors, but also in the attraction and diversification of opportunities for Sports Medicine and Sports Technologies.

Photo from Galveston CVB

2017 GEDP Developer Profile

TOURISM

Project Profiles As the city embarks on making improvements to some of its parks and recreational facilities for its residents, coordination efforts are underway to ensure growth in this industry is done through a thoughtful, collaborative approach.

53RD ST/FT CROCKETT BASEBALL FIELD RENOVATION & EXPANSION Investment: $5 million Completion date: Spring 2018 Renovations of the baseball complex include the relocation of the existing park to accommodate the reconstruction of the existing two fields with the addition of a third baseball field. Amenities also will include a walking path around the complex.

LASKER COMMUNITY POOL Investment: $4.1 million Completion date: Spring 2017 This project provides residents with a state-of-the-art facility, which includes a recreational pool with kid-friendly play structures and a body slide, as well as an eight-lane short course yard pool for hosting swim meets. This new addition to System will give the City the ability to provide fitness classes and swimming lessons. It will also provide the opportunity to offer community safety courses, such as first aid, CPR and lifeguard training. Funding for the project was provided by the Industrial Development Corporation, Better Parks for Galveston, a grant from Texas Parks & Wildlife, the Neighborhood Revitalization Fund and numerous foundation grants and private donations. “This community swimming pool shows the tenacity of the people of Galveston. They set a goal that had never been accomplished before and saw it through to completion as a team,” said Mayor James D. Yarbrough. “This facility will bring joy to Galveston families for years to come.”

LANDRY’S 5D SHARK ATTRACTION 2424 Seawall Blvd. Completion date: Fall 2017 Landry’s just launched Shark Attack: The Mysterious Underworld 5D. Visitors to the attraction watch as a massive, angry shark attempts to break through what appears to be aquarium glass. The floor moves and water splashes as the shark thrashes and gets more agitated. Matrix Technology is the designer and creator of the attraction meant to make visitors feel very much a part of the frightening scene.

2017 GEDP Developer Profile 83

MOODY GARDENS

Embracing the Environment, Educating the Young and Promoting Growth for Galveston Island Attracting more than 2 million visitors each year, Moody Gardens® is one of the state's top tourist attractions. This 242-acre educational and leisure destination welcomes island visitors who cross the Galveston causeway with its three signature pyramids and world-class attractions. An estimated 20,000 plants and trees have been carefully planted to reflect seasonal varieties and a veritable rainbow of hues throughout the year and pathways invite the walker and biker to fully embrace this environment. The Rainforest Pyramid® offers a journey through the rainforests of Asia, Africa and the Americas. Guests can explore the mysteries of science with traveling exhibits at the Discovery Museum or experience the action of the MG 3D Theater, 4D Special FX Theater or take a wide and silly ride on the new SpongeBob SubPants Adventure attraction. Golf enthusiasts can enjoy the challenge of the Moody Gardens Golf Course. They can also relax aboard the Colonel Paddlewheel Boat or enjoy beautiful white sand beaches and attractions at Palm Beach during the summer. And, whether it's a work or play, the spectacular Moody Gardens Hotel, Spa and Convention Center offers the accommodations and service for service for an ideal getaway.

A multi-phased renovation was recently completed at the Aquarium Pyramid® in May 2017. Moody Gardens guests can now experience a fun and awe-inspiring experience wonderfully complemented with conservation messages that underscore the vital importance of the oceans. New exhibits not only inspire visitor interest and empathy, but also connect visitors to specific ocean habitats. Visitors travel from the Gulf of Mexico to the South Atlantic, the South Pacific, the North Pacific, and the Caribbean. Each ocean exhibit highlights different marine sanctuaries and different aspects of our relationship to the seas. This $39 million renovation offers a variety of new exhibits and surprises, including the addition of jellyfish and tropical penguins.

These fantastic attractions are all part of the vision that is Moody Gardens, a highly ambitious project established by the Moody Foundation in 1982. The Foundation is a philanthropic organization launched by W. L. Moody, Jr. and his wife, Libbie Shearn Moody, in 1942. Today, the facility is one of Galveston's largest employers and provides approximately 800 year-round jobs through the Moody Gardens attractions, hotel, convention center and golf course. As the mission states: Moody Gardens is a public, nonprofit educational destination utilizing nature in the advancement of rehabilitation, conservation, recreation and research. As a leader in the tourism community, a quality guest experience has always been a primary focus as shown through caliber of amenities and service provided throughout the property. This commitment is demonstrated through the numerous improvements and large-scale projects completed over the years.

Recent projects over the past five years include a $25 million enhancement to the Rainforest Pyramid in 2011 that dramatically transformed this already popular attraction to allow guests to experience the Rainforests of the World in a whole new way. In addition to a new entry, a walkway leads visitors through the canopy level to explore the exhibit from anew vantage point to encounter free-roaming Saki Monkeys, Cotton Top Tamarins, macaws and other tropical birds and a wide range of endangered plants and animals. Another $5 million project at Palm Beach in 2011 offered guests a new Kon-Tiki theme with a new lazy river, 18-foot tower slides and wave pool to compliment the attraction's existing interactive water features. In 2014, visitors were introduced to the worldâ&#x20AC;&#x2122;s first giant-screen 4K 6-Primary Laser Projection System at the MG 3D Theater. Already featuring the largest screen in Texas and top-of-the-line surround sound system, this state-of-the-art 3D viewing experience gives guests the best viewing experience in

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

In its fourth year, another new attraction, ICE LAND: Rainforest Holiday has offered guests a holiday experience like no other with a brand new, signature Moody Gardens theme. The VYA Ice Carving Team from Harbin, China returned to take guests on a festive journey through the rainforests of the world to see monkeys, beautiful birds, butterflies, colorful orchids and more with a giant ice slide and Shivers Ice Bar. VIP Experiences offer exclusive behind-the-scenes opportunities to see the artists at work as they create these magnificent, towering ice sculptures. As the only holiday ice exhibition on the Gulf Coast, this vast and amazing display of magnificent ice creations is the ideal complement to the mile-long Festival of Lights, outdoor ice rink and other holiday attractions. These events were created to provide additional holiday activities to attract visitors to Galveston Island throughout November and December. The events continue to grow each year with record attendance as it draws families from throughout the region.

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

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

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

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

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

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

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

REAL ESTATE & COMMERCIAL

ECONOMIC CLIMATE Galveston’s economic renaissance continues with investments being made comprehensively across Galveston Island. Residential sales and transactions have experienced double digit growth as compared to last year. Public investments continue from the City to our educational partners and the private sector. There are challenges that will impact growth, most notably the ongoing recovery from the offshore oil and gas industry, recovery from Hurricane Harvey in the northern portion of Galveston County and across the Gulf Coast region and potential impacts from Federal public policies as it relates to programs directly impacting our economy. Tax Credit reductions or elimination, for example, could impact recent efforts for infill redevelopment of our historic structures. Projects that could have a lasting impact on the Galveston economy include the replacement of the Pelican Island Bridge, implementation of a regional storm surge suppression solution, continued investments from the city in our parks, neighborhoods and infrastructure, and continued increases in student enrollments in our educational partners utilizing Galveston Island. As the Houston-Galveston region continues to grow, with projections that it will continue into the future, Galveston maintains an excellent

EVIA experienced significant growth in sales volume from the first half of 2016 to the same timeframe in 2017, with over 800 percent growth in both dollar sales and transactions. quality of life and quality of place as a coastal destination, “small town” atmosphere with an abundance of natural resources. The GEDP maintains focus on industry sectors of Maritime, Emerging Technology and Sports Tourism. Whether you are seeking to establish a new business in Galveston, looking for ways to expand or diversify your existing business, or simply looking for new business contacts, contact the Galveston Economic Development Partnership.

RESIDENTIAL MARKET RECAP FIRST SIX MONTHS 2017 VS. 2016 AREA

DOLLAR VOLUME 2017

2016

% Change

2017

2016

% Change

All Galveston Island

$143,062,539

$117,508,746

+ 22%

451

395

+ 14%

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

$90,288,061

$75,221,316

+ 20%

219

182

+ 20%

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

$13,799,250

$7,784,500

+ 77%

+ 53%

Colony Park

$1,556,000

$315,000

+ 394%

+ 400%

Havre Lafitte

$1,773,000

$2,071,350

- 14%

- 29%

Campeche Cove

$1,199,400

$618,150

+ 94%

+ 67%

Evia

$3,866,00

$417,00

+ 827%

+ 800%

$19,790,797

$20,069,717

- 1%

110

113

- 3%

$765,00

$2,814,000

- 73%

- 60%

Denver Court

$1,540,000

$309,500

+ 398%

+ 300%

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

$19,895,731

$16,054,105

+ 24%

+ 4%

UTMB/Downtown/East End Lofts & Condos Only

$18,308,000

$17,986,662

+ 2%

+ 13%

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

RESIDENTIAL ACTIVITY Residential real estate has grown year over year from 2016 to 2017. Across the Island the dollar volume of sales increased 22%, while the number of transactions increased by 14%. 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. The median selling price INCREASED from $242,500 in 2016 to $260,000 in 2017; however, the average number of days a property was on the market increased 17%, from 70 days to 82 days.

NUMBER OF SOLD TRANSACTIONS

FOR ALL RESIDENTIAL SALES ON GALVESTON ISLAND FIRST SIX MONTHS 2017 VS. 2016 Average Days on Market: 2017: 82 Median Selling Price: 2017: $260,000

2016: 70

% Change: +17%

2016: $242,500

% Change: +7%

Source: Houston Association of Realtors Multiple Listing Service, January 1 - June 30, 2016 & 2017; Sand ’N Sea Properties Data deemed reliable, but not guaranteed by MLS or Broker.

2017 GEDP Developer Profile 87

PROJECTS ON THE RADAR INFILL REDEVELOPMENT – HISTORIC PRESERVATION / COMMERCIAL USE Moody Building: 23rd Strand Project Size: 24,000 sq ft First floor: 7,000 sq ft Retail Second/Third Floor: 8 Loft apartments (4 per floor) Completion date: Retail, Summer 2018 — Loft units, Fall 2018 The Bassett Family Partnership purchased the W.L. Moody building in 2016. Extensive interior and exterior renovations are in progress. Preservation of the historical significance of this building, including the Cast Iron Facades increases the complexity of this projects renovation. Major work is scheduled to begin and be completed in mid to late 2018. The possibility of a publicprivate partnership with the City of Galveston is contemplated for the successful completion of this structure.

2017 GEDP Developer Profile

Marie Robb Principal

409.256.4518

Services Include:

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

713.516.8640

Expertise Includes:

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

Office: 409.737.5700 Marie@CoastalSolution.com

PROJECTS ON THE RADAR

NEW BUSINESSES

BUSINESS EXPANSION

HOOTER’S RETURNS TO GALVESTON New restaurant: 6028 Heards Lane Hooter’s is set to reopen a Galveston location after nearly 10 years. Hooter’s closed after Hurricane Ike wiped away its former location which sat over the gulf on 23rd & Seawall Blvd. The 10,000 sq ft, new and improved Hooter’s is set to open in November 2017. Located on the highly visible 61st Street Corridor, patrons will enjoy the water view of English Bayou and numerous TV screens.

THE KITCHEN CHICK – GROWING AND MOVING New location: 2402 Market Street Size: 10,000 sq ft, two story building circa 1960 The Kitchen Chick - Hatched in 2012. Its current location at 528 23rd Street is a 1,500 square foot commercial space in a mixed use building. New brands will be introduced at this location. The new location will include retail and a larger kitchen classroom. With requests from corporate, team building and private parties continuing to increase this new space will help this small business continue to grow. The second floor will provide needed storage space.

Sharky’s Tavern, 504 25th St., in the building formerly occupied by The Loading Dock Bar & Grill in the island’s downtown. Sharky’s will specialize in wood-fired pizza — the couple is installing an Italian oven, which will serve as a showpiece at the venue. (The Galveston County Daily News – Biz Buzz)

NEW MULTIFAMILY DEVELOPMENT BASSETT FAMILY INTERESTS 24th Market Completion date: Spring 2018 With the intent of providing student housing options on the island, Bassett Family Interests is remodeling the former Central Hotel into a 9 unit multifamily complex. Plans are for 8, 2-BR units and a 3-BR unit.

2017 GEDP Developer Profile

PROJECTS ON THE RADAR

MIXED USE DEVELOPMENT FALSTAFF COMPLEX JMK5 Investments continues its renovation of the former Falstaff Brewery on 33rd & Church. Three phases include the redevelopment of the western portion into cruise ship parking; renovations for the creation of an indoor, climate- controlled storage facility; and final development projects the renovation of the 6-story tower into a boutique hotel with mixed uses.

RESIDENTIAL DEVELOPMENT PRESERVE AT GRAND BEACH Approximately 10 homes are currently under construction at the Preserve at Grand Beach. This 39acre master planned development on East Beach will include 52 home sites starting at $125,000. The development sits across 1,600 linear feet along the beach front. 230 East Beach Limited, a Texas-based limited partnership specializing in residential and commercial development, is the developer of this residential project.

INFILL REDEVELOPMENT – MULTIFAMILY RESIDENTIAL DEVELOPMENT JMK5 Investments: 19th Mechanic Jerome Karam is renovating another historic building in Galveston’s Downtown District. The 1926 Davidson Building, 19th and Mechanic street, is being developed as five modern loft condominiums. Each will feature a single car garage, one bedroom, one bath on the lower level with master suite, kitchen and living area opening onto a sidewalk canopy along 20th Street.

2017 GEDP Developer Profile 91

PROJECTS ON THE RADAR

NEW COMMERCIAL BUILDING – OFFICE/RETAIL/MEDICAL 427 Market Street 13,000 sq ft commercial strip center is nearing completion on the east end of Galveston. The facility is within walking distance of the UTMB medical campus.

NEW MULTIFAMILY RESIDENTIAL DEVELOPMENT

COMMERCIAL BUILDING OFFICE / RESIDENTIAL 2221 Market Street

The ITEX Group – 302 Moody Medical Arts Bldg. Located on 21st Street this historic building is planned for redevelopment to include residential, retail and new parking. Plans project for ground breaking in 2018.

NEW BUSINESS – MEDICAL FACILITY

The Historic, 12-story building currently home to Frost Bank, is getting a $9.5 million transformation to include high tech amenities, a cooperative workspace and a spa, wellness center and yoga studio along with residential units. The goal is to attract small business and startups by providing a comfortable space to live and work.

Hospitality Health ER – 42nd Seawall Blvd Estimated Completion: February 2018 This is the third location for a family owned and operated ER. Centrally located on 42nd and Seawall, 24 hour medical services will be easily accessible to locals and tourists alike. Providing 15 private patient rooms, a full lab, imaging suite, patient registration and guest waiting room, the 11, 751 sq ft facility is built to combine the environment and comforts of a hotel with the expertise of a leading-edge emergency room. Hospitality Health ER will be staffed with Board-certified ER physicians, ER nurses and imaging technicians. Job creation is initially anticipated to be approximately 40 jobs.

2017 GEDP Developer Profile

PROJECTS ON THE RADAR

SPORTS COMPLEX – USTA CERTIFIED & ADAPTIVE TENNIS FACILITY

THE CHRISTINA GRILLO SULLIVAN FOUNDATION The Christina Grillo Sullivan Foundation is “a network of guardians for hope and guidance”. The Foundation, a 502(c)(3) non-profit public charity, provides resources in the medical, educational, social and legal networks for children and adults with brain injuries. Support for the families is a cornerstone of this foundation. The Foundation is working with the United States Tennis Association and has received both a project number and identified representative to collaborate on the design and implementation of this facility. In addition the Foundation is partnering with the Special Olympics Texas to collaborate on programs that can welcome competitive match play for the Special Olympics, USTA State and Regional Tournaments, Galveston Independent School District, Children and Adult camps, Pickle Ball tournaments, and more. This facility is being designed for anyone with physical or intellectual disabilities, wounded warriors, stroke, cerebral palsy, down syndrome, disabled veterans, wheelchair athletes, and more… This State-of-the-Art facility will be located on approximately 4 acres of real estate and has an estimated budget of $3.5 - $4.5 million. This project is envisioned to supplement the yearround tourism industry of Galveston, serve the greater Gulf Coast region and beyond, and serve as an amenity for Galveston in creating a dynamic location for sports tourism and adaptive sports for all who wish to visit.

2017 GEDP Developer Profile 93

MEMBERSHIP DIRECTORY

American National Insurance Company Jim Pozzi www.anico.com

Bassett Family Interests Keith Bassett

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

Bayou Properties Realty John Braun www.bprhouston.com

Beachtown Galveston Corporation Tofigh Shirazi www.beachtowngalveston.com

Best Western Galveston Willis Gandhi

BMS Construction Ben Hernandez www.bmsconstruction.net

CenterPoint Energy Keith Gray www.centerpointenergy.com

CenterPoint Energy Economic Development Division Gwen Wagner www.centerpointenergy.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

Creative Photography Manny Chan www.mannychan.com

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

Elliott Electric Supply Ricky Butts www.elliottelectric.com

Express Employment Professionals Mark Conrad www.expresspros.com

Farmer's Alloy Fabricators Jason Farmer www.farmersalloy.com

Frost National Bank Stephen Maxwell www.frostbank.com

Galtex Pilots Service Corp Christos Sotirelis

Galveston Association Realtors Lesley Sommer

Galveston College Myles Shelton www.gc.edu

Galveston County Garrett McLeod www.galvestoncountytx.gov

Galveston County Navigation District #1 Dennis Byrd, Sr.

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

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

Galveston Restaurant Group Johnny Smecca www.galvestonrestaurantgroup.com

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

Gulf Copper Drydock & Rig Repair Craig Marston www.gulfcopper.com

Ham,Langston & Brezina LLP William Ansell www.drdacpa.com

Home Life Builders John Paul Listowski www.homelifebuilders.net

Hometown Bank of Galveston Jimmy Rasmussen www.htbna.com

Hosptitality Health ER Abel Longoria www.hher24.com

Hotel Galvez Steve Cunningham www.wyndham.com

Island Famous Dennis Byrd, Jr. www.islandfamous.com

ITEX Group Chris Akbari www.itexgrp.com

J. W. Kelso Company, Inc. John W. Kelso

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

John Manlove Marketing & Communications

Kahala Development, LP Debbie Reinhart

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

Kirby Advertising Debbie Kirby www.kirbyadvertising.com

2017 GEDP Developer Profile

John Manlove johnmanlove.com

MEMBERSHIP DIRECTORY

Lockwood, Andrews & Newnam,Inc. Steve Gilbreath www.lan-inc.com/

Lonestar Construction John Wilson

M. J. Naschke Public Relations Mary Jo Naschke

Malin International Ship Repair & Drydock, Inc Michael Leahy www.malinshiprepair.com

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

Brassiuer, Schraufnagel & Associates Merrill Lynch Wealth Management Mason Schraufnagel www.ml.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

Nick's Kitchen Gaido's Seafood Restaurant Nick Gaido www.gaidos.com

Pelican Island Storage Terminal Leroy Kendrick www.worldpointlp.com

Port of Galveston Peter Simons www.portofgalveston.com

Quiroga & Associates Roger Quiroga

RE/MAX Leading Edge Kelly Kelley www.kellykelley.com

Rider & Wilson William Rider

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

South Land Title LLC Patrick F. Doyle www.southlandtitle.net

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

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

Sullivan Interests Todd Sullivan www.eviagalveston.com www.titerminals.com

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

TelaForce, LLC Keith Palmer www.telaforce.com

Texas First Bank Sean Doyle www.texasfirstbank.com

Texas Gas Service Trace Hammond www.texasgasservice.com

The Goodman Corporation Barry Goodman www.thegoodmancorp.com

The Grand 1894 Opera House Maureen Patton www.thegrand.com

The Tremont House Hotel Steve Cunningham www.wyndham.com

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

Turnaround & Interim CEO Walter E. Ulrich

University of Texas Medical Branch David L. Callender www.utmb.edu

Vaughn Construction Neal Skinner www.vaughnconstruction.com

West Gulf Marine Keith & Bryan Fiegel

Zero Six Consulting Bill Coltzer www.z6consulting.com

Texas A&M University at Galveston Gen Bill McClain www.tamug.edu The Galveston County Daily News Leonard Woolsey www.galvnews.com The House Company Carolyn Clyburn www.thehousecompany.com

2017 GEDP Developer Profile 95

ADVERTISER INDEX

Developer Profile Sponsor Gratitude & Advertiser Index The GEDP would like to express our sincere appreciation to the 2017 Developer Profile Sponsors. We would simply not be able to provide this very useful publication without your support and participation. SPONSOR / ADVERTISER NAME

WEBSITE ADDRESS

Bassett Family Interests

PAGE NUMBER 34

Bay Area Houston Economic Partnership

www.bayareahouston.com

Centerpoint Energy

www.centerpointenergy.com

City of Galveston

www.galvestontx.gov

Coastal Solutions Inc.

www.coastalsolution.com

Express Employment Professionals

www.expresspros.com

Galveston College

www.gc.edu

Galveston Economic Development Partnership

www.gedp.org

Galveston Island Park Board

www.galvestonparkboard.org

Galveston Regional Chamber of Commerce

www.galvestonchamber.com

Galveston Restaurant Group

www.galvestonrestaurantgroup.com

78-79

GB Tech

www.gbtech.com

4-5

Hitchcock IDC

www.hitchcockidc.com

Hometown Bank

www.htbna.com

66-67

Hospitality Health ER

www.hher24.com

ITEX Group

www.itexgrp.com

Joe Tramonte Realty

www.tramonterealty.com

34, Back Cover

John Manlove Marketing

www.johnmanlove.com

Kahala Development

www.beachsidevillage.com

League City Economic Development Corporation

www.leaguecityedc.com

League City Regional Chamber of Commerce

www.leaguecitychamber.com

Medical Branch Innovations Inc.

www.utmb.edu/mbi

Mitchell Historic Properties

www.mitchellhistoricproperties.com

Moody Gardens

www.moodygardens.com

84-85

Moody National Bank

www.moodybank.com

Port of Galveston

www.portofgalveston.com

44, 80

Sand ’N Sea Properties

www.sandnsea.com

Scholes International Airport

www.galvestonairport.com

Sherwin Williams

www.sherwin-williams.com

36-37

Stewart Title

www.stewart.com

TelaForce, LLC

www.telaforce.com

Inside front cover

Texas A&M University at Galveston

www.tamug.edu

Texas City EDC

www.texas-city-tx.org

The Galveston County Daily News

www.galvnews.com

Inside Back Cover

The Goodman Corporation

www.thegoodmancorp.com

University of Texas Medical Branch

www.utmb.edu

62-65

GEDP appreciation is extended to a number of individuals/entities for their assistance in compiling this year’s Developer Profile magazine. Debbie Kirby - Kirby Advertising, Darrell John - DLJ Studios, Melissa Rivera and The Galveston County Daily News team, Robert Mihovil – Mihovil Photography, and to all of our partners, sponsors and others that contributed to the content of this year’s 2017 Developer Profile magazine. 96

2017 GEDP Developer Profile

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