ED Around Town and Economic Indicators
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 Odessa Development News

March 2017
         Odessa College- OC brought home the 2017 Rising Star Award from the Aspen Institute in Washington D.C. The award recognizes the college as one of the top five community colleges in the nation and comes with $100,000. Aspen Institute recognizes institutions for their outstanding outcomes in student learning; certificate and degree completion; employment and earnings; and high levels of access and success for minority and low-income students. They were selected from 1,000 public community colleges nationwide.  A reception was held for OC at the Odessa Chamber of Commerce.
•         UTPB- A groundbreaking was held for a new engineering building adjacent to the CEED Building on the UTPB Midland campus. The three-story building will house mechanical, petroleum and aerospace engineering programs as well as research labs for faculty and graduate research. Construction is expected to begin in late April and is projected to conclude in April 2019. The new Engineering Building will be ready for occupancy for the Fall Semester 2019.
•         UTPB- Sandra Woodley, currently higher education senior strategist and senior fellow at Kentucky State University in Frankfort has been selected by UTPB Board of Regents as the sole finalist for the job of UTPB President. Woodley will replace David Watts, who has been president of the university for 15 years.  If Woodley is confirmed after the 21-day period, her first day would be September 1st.
•         City of Odessa- City officials are preparing for construction to begin on the $77 Million downtown hotel and conference center in the coming weeks, they are also planning ways to lure other development to the area surrounding the site. Demolition is scheduled to begin of at least one city-owned building, the dilapidated former J.C. Penney building at 500 N. Grant Ave. Crews will also demolish the Ector County Abstract and Title Company building at 300 E. 6th St., once the business moves. The company is moving to a new building on 7th St.
•         Ector County Hospital District- The board approved spending more than $1 million for three different items. The most expensive project is $896,000 for renovation of 6,500 square feet on the fourth floor of the Wheatley Stewart Medical Pavilion. The area will be renovated to expand the ENT suite already located there. Cooper Construction was awarded the contract with the lowest bid coming in at $692,000. Architect and engineering fees, furniture and equipment will account for the additional $204,000 of the project. A new $173,893.25 ultrasound system for the Department of Radiology. The lease expensive item approved was an insurance consulting extension. Renewal of an agreement with HealthSure Insurance Services they have had for several years.
•         ECISD- March 6th and 7th, ECISD offered letters of intent to 10 people after a job fair in Chihuahua, Mexico. The job fair came about with the help from the Odessa Hispanic Chamber of Commerce and officials in Chihuahua. The event attracted a little more than 120 people. Selling points for the district were starting salary of $44,500 plus incentives, and available housing at two properties owned by the school district.
•         Bubba’s 33 Restaurant- A new sports-themed restaurant in Chimney Rock shopping center off Highway 191 is expected to open this summer.  Bubba’s 33 is owned by Texas Roadhouse. The restaurant will hire about 170 employees. It will stand apart for the quality of its food including burgers, pizza and beer.
•         Dollar General- Permit issued 3/17/17, 2209 W. 2nd St., new mercantile store, $737,300.
•         Watermill Express- Permit issued 3/17/17, 2605 Grandview Ave., water & ice vending machine, $20,000.
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
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)


Tracy Jones
Economic Development Specialist 


Kathi Vaughn
Research and Communication Specialist


Teresa Vasquez
Administrative Coordinator


Copyright © 2017 Odessa Texas Chamber of Commerce - Economic Development Department, All rights reserved.

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