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ED Around Town and Economic Indicators
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 Odessa Development News

September 2018
•           City of Odessa – Houston-based research firm will soon begin a study on Odessa to determine how best to build new reasonably priced housing to address the city’s housing shortage. The reasonably priced workforce housing assessment contract was awarded to Community Development Strategies for the cost of $73,060. The study should take approximately 3 to 4 months.
•          
Expedi Inc. – A new company that offers a line of products for both onshore and offshore oil and gas rigs has opened a new warehouse facility in Odessa. The company recently came off a recent fundraising round and opened the warehouse to meet growing customer demand. Expedi is locate at 209 North Kelly Ave. The new facility has over 15,000 square feet of warehouse and office space and have added over 10 new employees to the facility in the last month.
•          
Sherwood Village – The shopping center at 42nd St. and Dixie will undergo major renovations at the beginning of 2019. Gordon Partners, a Houston based commercial real estate development and management company, acquired the 70,000 square foot shopping center.
•          
Odessa College – Odessa College will reopen its Law Enforcement Training Academy in the spring. There are seven full-time instructors and courses will also be taught by current law enforcement officers. There are 20 sports for students. The academy will run for about 10 months.
•          
UTPB – UTPB broke ground on a 63,717 square foot D. Kirk Edwards Family Human Performance Center Kinesiology building. The facility will include a 150-seat lecture hall, academic space for the Kinesiology department, locker rooms and athletic offices. The $37-million project is expected to be completed by fall of 2020.
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

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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
(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 © 2018 Odessa Texas Chamber of Commerce - Economic Development Department, All rights reserved.


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