ED Around Town and Economic Indicators
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 Odessa Development News

December 2018
•        West Texas Opportunities – Texas Transportation Commission approved $20 million in federal transit funding that will help rural transit agencies across the state. For Texas Department of Transportation’s Odessa District, West Texas Opportunities will receive $2,091,500 funds to purchase 33 vehicles – 28 Adaptive Driving Access vans and five small shuttle buses. This funding will help people with disabilities and the elderly have an opportunity to accomplish day-to-day tasks.
Roming Yoga – Roming Yoga held a ribbon cutting at 2622 N. Grandview.
Signature Care ER – Signature Care held a ribbon cutting at 2731 N. Grandview.
Texas Dept of Transportation – TxDot received $91 million in 2018. Funding goes to overpasses and safety projects that could begin in late 2019. One project that would impact residents of Odessa and Midland is a center median barrier to be installed on Highway 191 between East Loop 338 in Ector County and West Loop 250 in Midland County. Odessa District’s largest project, in terms of monetary value and distance, is 92.7 miles of concrete barrier on Interstate 20 from Farm to Market Road 1053 in Ector County to Interstate 10 in Reeves County.
Sherwood Village – The shopping center at 42nd Street and Dixie Boulevard will be remodeled at the beginning of 2019 to better serve the surrounding area. The 70,000 SF shopping center was acquired by Gordon Partners, a Houston based commercial real estate development and management company. They are set to break ground toward the end of January and will largely focus on the property’s dated appearance. They have knocked down the former gas station/used car lot and are building a 7,000 SF building which will have restaurants and other retailers.
Odessa Christian Faith Center – The $20-million expansion, almost five years in the making, has been completed. The floor space was doubled to 100,000 square feet, with an increase in seating capacity from 825 to 1,200, Senior Pastor Don Caywood is now looking ahead to Phase Two, which will add 800 seats to the complex across 89th Street from the original 8860 N. Andrews Highway building.  A grand opening was held December 2nd.
Boys and Girls Club – The west side Boys and Girls Club is expected to be ready for summer programs in June. Located adjacent to Downing Elementary School, 1480 N. Knox Ave., it will enclose 8,000 square feet and is being built with approximately $2 million in donations. It will serve approximately 150 students during the year and 200 during the summer. The club will serve children 6 to 18.
Odessa American – The Odessa American moved into a new building at 4001 E 42nd Street next to Fast Eddie’s Billiards. The OA had been located at 222 E. Fourth Street since 1951. The City of Odessa will use the old property as part of their ambitious plans to revitalize downtown. 
Odessa Construction Permits
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
(432) 333-7858 (Fax)


Tracy Jones
Economic Development Specialist 


Kathi Vaughn
Research and Communication Specialist


Teresa Vasquez
Administrative Coordinator


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