ED Around Town and Economic Indicators
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 Odessa Development News

November 2016
•           UTPB – The University of Texas System Board of regents voted to fund a new kinesiology building in Odessa on the UTPB campus.  The $16.2 million project would be paid for through a combination of Permanent University Fund money and private money raised for the project.  The kinesiology building was one of nine capital projects for academic and health institutions approved by regents at a total cost of $392.2 million.  The 43,000 square foot building would house UTPB’s third largest department, with 309 students, along with labs, training, storage, office \spaces and strength and conditioning center for kinesiology athletics and student recreational use.  
•          Door of Hope – The Door of Hope opened a thrift store located at 1611 E. 8th Street.  The 12,000 square foot building houses everything from furniture and clothing to paintings and knickknacks.  The store is open from 9 a.m. to 7 p.m. Monday through Saturday.  The phone number is 432-614-2678.  The nonprofit began taking donations for the store around the first of the year and now has more items than it can display.  Door of Hope has been a nonprofit for 50 years.
•           Dorado Center – ICA Properties announced upcoming prospects in a push for attracting more businesses to the area.  In the next six months Bahama Buck’s and the West Texas Educators Credit Union plan to open new locations in the development.  After the credit union and Bahama Buck’s, ICA Properties will open another Chickn4U.
•           Tejas Shooting Sports – Odessa Development Board will grant $30,000 to Tejas Shooting Sports for improvements to the business facade as part of a program to encourage development downtown.  The business is already investing more than $1.17 million to building the city’s first indoor shooting range, which the Odessa City Council approved in February.  Construction on the project is underway with plans to open in April 2017.
•           Odessa College – A grand opening is planned for February 1st for the Permian Basin Fab Lab at Odessa College.  Cedric Bleimling, the lab director, enjoys showing off the beginnings of the Fab Lab which will provide space for creating everything from furniture to engravings.  The lab will be open to the community, businesses and students from the independent school districts and colleges.  Chevron USA Inc. has provided funding to the National Fab Foundation for 10 new fab labs.  The OC facility has much more space than most.  
 
Odessa Construction Permits
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Odessa Economic Indicators
Building Permits
Sales and Use Tax
Labor Market Statistics
MLS Statistics - Single Family Residential
Midland International Airport
Permian Basin Rig Count

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


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


wburnett@odessaecodev.com
www.odessatex.com
www.odessachamber.com
www.growodessa.net

Tracy Jones
Economic Development Specialist 

tracyj@odessaecodev.com
432-333-7886

Kathi Vaughn
Research and Communication Specialist

kathiv@odessaecodev.com
432-333-7883

Teresa Vasquez
Administrative Coordinator

teresav@odessaecodev.com
432-333-7881

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


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