ED Around Town and Economic Indicators
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 ED Around Town

October 2016
β€’           Permian Basin Int’l Oil Show – Preliminary attendance figures showed approximately 31,000 visitors and 744 exhibitors.  
β€’           Cinergy  - The theater and entertainment center opened after more than a year of construction in a growing development hub on Highway 191.  At 90,000 sq. ft. it is nearly twice the size of the entertainment complex in Midland.  Cinergy Odessa includes 10 auditoriums, an 18-lane bowling alley, dining, a full-service bar, more than 100 video games, billiards, laser tag and other activities such as a ropes course and a zip line. Cinergy will have approximately 260 employees.  The complex includes event rooms, and parties can also rent bowling lanes, theaters or potentially the whole facility.
β€’           Compass Academy – Compass Academy is making headway toward opening its new school building no later than September 2017.  Ground was broken on the $13.5-million project in February.  The 56,000 SF building will sit on a little more than 12 acres donated by CrossRoads Fellowship.  The school has 779 students from kindergarten through seventh grade and will add eighth grade next fall.  Permit issued 10/03/16, 5530 Billy Hext Rd., $10,900,000.
β€’           Primera Iglesia Bautista – Permit issued 10/31/16, 2111 W. 22nd St., gym for church, $170,000.
β€’           City Of Odessa – Permit issued 10/05/16, 210 N. Lincoln Ave., vehicle storage, $1,055,000.
Odessa Construction Permits
New Commercial 
New Residential 
Odessa Economic Indicators
Building Permits
Sales and Use Tax
Labor Market Statistics
MLS Statistics - Single Family Residential
Midland International Airport
Permian Basin Rig Count

 Follow the  Odessa Development Corporation:

Wesley R. Burnett, CEcD, MPA
Economic Development Director
Odessa Chamber of Commerce

700 North Grant, Suite 200
Odessa, Texas  79761
(432) 332-9111
(877) 363-3772 (Toll Free)
(432) 333-7858 (Fax)


Tracy Jones
Economic Development Specialist 


Kathi Vaughn
Research and Communication Specialist


Teresa Vasquez
Administrative Coordinator


Copyright Β© 2016 Odessa Texas Chamber of Commerce - Economic Development Department, All rights reserved.

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