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Posts published in “Day: July 9, 2013”

Economic Development report at East Aldine indicates strong growth in future

Job opportunities will follow growth

NORTHEAST – The East Aldine District heard a report from their economic development consultant, Ray Lawrence, at the last board meeting on June 24th. In a thorough review of available land in the district and adjoining, Lawrence pointed out that district land has become very desireable by developers, and a number of projects are underway. In addition, an inventory of available land indicates that the purchase and building of commercial buildings in the area will accelerate at a fast pace.

In particular, Lawrence showed slides that indicated many parcels along the Sam Houston Parkway that are slated for development as hotels, commercial buildings, and industrial projects.

He said that Halliburton, IIG – International Investment Group, and Kennedy Greens all have work underway. These projects will generate a number of local construction jobs, and permanent employment in the future he said. In addition, many will contribute sales tax revenue to the district. Since Kennedy Greens is almost completely built out, Clay Development is planning another project south of this, at JFK and Lauder Road intersection. The project is to be known as Kennedy Greens South, on a 45 acre tract. Lawrence expected construction on this to start in the next 60 days.

Lawrence noted that the oil boom, and the proximity to JFK airport, are leading reasons for the development pace here.