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MEMBERSHIP
INFORMATION PACKET
GALVESTON ECONOMIC DEVELOPMENT PARTNERSHIP P. O. BOX 8029 GALVESTON, TEXAS 77553
409-770-0216 WWW.GEDP.ORG
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ECONOMIC DEVELOPMENT
action plan
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The GEDP provides businesses and prospective developers interested in investing or expanding in Galveston with the necessary tools to evaluate and complete their projects.
THE FOLLOWING SERVICES ARE AVAILABLE THROUGH THE GEDP:
SERVICES OF GEDP
INFORMATION CLEARINGHOUSE - The GEDP is equipped to supply demographic and socioeconomic Information, available land and/or buildings, and overall economic climate data to interested parties. In addition to these basic services the GEDP can also provide:
* Access to a comprehensive GIS system available for economic development projects in Galveston
* Information on alternative financing programs and incentives available for consideration
* GEDP Investor and Developer Profile magazines detailing Galveston’s Economic Climate
* Access to the GEDP database of available property and building information enhanced by the GEDP’s knowledge of upcoming projects and proposed investments throughout the Island
* Insight into Galveston’s regulatory environment for project development
PROJECT FACILITATION -
The GEDP provides a means for businesses and potential developers to meet with the appropriate resource contacts and/or stakeholders in an effort of streamlining the due diligence process in evaluating potential projects.
As the GEDP is focused on the long-term economic progress of Galveston, facilitation activities are enhanced with the GEDP’s working knowledge and Task Forces focused on sectors including Housing, Emerging Technology, Maritime and Support Services for the Offshore Oil and Gas Industry and others.
OVERVIEW
The mission of the GEDP is to utilize broad-based community support for the expansion of Galveston’s employment and tax bases. The GEDP provides businesses and prospective developers interested in investing or expanding in Galveston with the necessary tools to evaluate and complete their projects. Founded in 1999, the GEDP works to facilitate new projects and/or investments across Galveston Island. Through a Public/Private membership base, the GEDP is available to assist in providing economic, demographic, socio-economic, GIS, and other development information depicting the economic climate of the Galveston business community..
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Galveston Economic Development Partnership 5007 Avenue U — Building 3311
TAMUG Fort Crockett Campus P.O. Box 8029 Galveston, Texas 77553
409 / 770 - 0216 www.gedp.org
ACTION PLAN
Supplemental to the Services of the GEDP listed above, this action plan is intended to outline what the primary focus of the Galveston Economic Development Partnership will be over the next 24 months, the strategies to be implemented, the deliverables that will occur and how outcomes will be measured. All objectives and strategies of this action plan are intended to achieve outcomes that are consistent with the mission and vision of the GEDP - to support business and community by increasing the employment and tax bases in Galveston. The Industries that will continue to be a priority remain: the Maritime Industry, the Support Services for Offshore Oil and Gas Industries and the Emerging Technology Industry. Strategic Investment Areas will continue with an emphasis on the property surrounding the City’s Incinerator, the Falstaff Building and the UTMB Customs House.
SPECIAL PROJECTS
FORT CROCKETT SEAWALL PROPERTY
Explore redevelopment of the Fort Crockett property located on the seawall. Working with
appropriate stakeholders, identify redevelopment barriers and develop redevelopment
options for returning this property to a viable site contributing to Galveston’s economic and
community benefits.
STORM SURGE SUPPRESSION — IKE DIKE
Continue collaboration with Texas A&M University at Galveston and the Bay Area Houston
Economic Partnership in the development of strategies and actions focused on the
furtherance of a regional storm surge suppression system that would serve to protect the
Galveston-Houston region from future catastrophic events.
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PROJECT #1: Pelican Island Bridge
Steering Chairman, Galveston County Navigation District #1 Mayor, City of Galveston
Committee: Chairman, Galveston Wharves Board of Trustees
Working General Manager, Galveston County Nav. District Port Director, Port of Galveston
Committee: Deputy City Manager, City of Galveston Mike Alford, TX Dept. of Transportation
Alan Clark, Houston-Galveston Area Council
Potential Harborside Drive Management District Texas A&M Univ. at Galveston
Stakeholders: Pelican Island Organization (Private Industry) Galveston Park Board
Adjacent Property Owners Utility Companies (Centerpoint/Texas Gas)
Galveston County Rural Rail Transportation District Rail Companies (UP/BNSF)
Agencies: Texas Department of Transportation Houston-Galveston Area Council
Galveston County Port of Houston Authority
U.S. Army Corps. of Engineers U.S. Department of Transportation
U.S. Coast Guard Texas General Land Office
Local, Regional, State and Federal Elected Officials Texas Historical Commission
Overview: Two issues regarding the future maximization of economic potential for Pelican Island:
a) Reconstruction of the Pelican Island Bridge for vehicular traffic, and
b) Development of Rail Bridge for rail transportation to/from Pelican Island.
OBJECTIVES Develop a successful strategy for the Galveston County Navigation District #1
for the replacement of the Pelican Island Bridge. This plan will be focused on
three phases 1) Feasibility Analysis; 2) Environmental Studies/Engineering &
Design; and 3) Implementation/Construction.
STRATEGIES a. Utilize the Steering Committee, under the leadership of the Galveston County
Navigation District, to manage the progress and implementation of this plan.
b. Develop and convene the Working Committee for participation and data
collection needed for the development of this plan.
c. Develop a communication strategy for disseminating project progress and
receiving input.
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PROJECT #2: Gateway Redevelopment - Incinerator
Partners: City of Galveston/Industrial Development Corp. Galveston County
Tax Increment Reinvestment Zone #12 (TIRZ) Galveston Redevelopment Authority
Stakeholders: Property owners adjacent to project site
Agencies: Regulatory Agencies (TCEQ/TWDB/etc.) Texas Department of Transportation
Houston-Galveston Area Council
Overview: Located at the entryway to the City of Galveston this site previously known as the "Incinerator
Site" includes approximately 20 acres of property long desired for new commercial/retail
development.
OBJECTIVES
STRATEGIES a. Develop a baseline assessment of the site's environmental status
with recommendations to the City/IDC for redevelopment options.
b. Develop a listing of development options for the City/IDC to consider
in developing a public-private partnership for developing this site.
c. Develop a working task force of Partner's/Stakeholder's to
participate in the redevelopment process for this site.
d. Develop a conceptual plan of this redeveloped site with an emphasis
on transportation, infrastructure and ancillary development
opportunities.
Develop a successful funding/development strategy for the redevelopment of
this under-utilized asset to the benefit of the island's employment and tax
bases.
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PROJECT #3: North Broadway Redevelopment - Falstaff
Partners: Private Developer Galveston Redevelopment Authority
City of Galveston/Industrial Development Corp. Galveston County
Stakeholders: Property owners adjacent to project site The Grace Corporation
Galveston College (Job Training)
Agencies: Regulatory Agencies (TCEQ/TWDB/etc)
Overview: Redevelopment of the previously known "Falstaff Brewery" provides an opportunity to
stimulate redevelopment between 25th Street and 61st Street on the North side of Broadway
Boulevard. Although the subject tract is less than 6 acres in total property, the
redevelopment of this site could act as a catalyst for greater redevelopment and connectivity
with multiple projects running east and west of this property.
OBJECTIVES
STRATEGIES a. Continue positive working relationship between the City and the Private
Developer (operating under an earnest money contract) on the acquisition
and redevelopment of the Falstaff building.
b. Develop a working database of properties located between 61st and 25th
Streets North of Broadway.
c. Develop a working task force of Partner's/Stakeholder's to participate in
the redevelopment process for this site.
d. Develop a conceptual plan of this redeveloped area (61st - 25th street,
North of Broadway) with an emphasis on transportation, infrastructure and
ancillary development opportunities.
Develop a successful redevelopment strategy for the redevelopment
of this derelict property and surrounding area to the benefit of the
island's employment and tax bases.
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PROJECT #4: Strand Redevelopment - Customs House
Partners: City of Galveston/Industrial Development Corp. University of Texas - Medical Branch
Galveston Housing Authority Galveston Housing Finance Corp.
Stakeholders: Property owners adjacent to project site Downtown Strand Business Groups
Galveston Alliance of Island Neighborhoods Philanthropic Institutions
Galveston County
Technology Greater Houston Partnership Bay Area Houston Econ. Partnership
Partners: Bio-Houston Houston Technology Center
Texas Healthcare and Bioscience Institute The Center for Innovation
Agencies: Houston-Galveston Area Council Governor's Office of Eco. Dev.
Overview: Redevelopment of the Strand corridor between 19th and 13th Streets. This connector between
the Historic Downtown Strand District and UTMB has historically been viewed as an "eyesore".
Redevelopment of this area could create the foundation of a "Galveston Land Bank" and fully
connect the Strand area between 25th Street and UTMB.
OBJECTIVES
STRATEGIES a. Develop a working task force of Partner's/Stakeholder's to participate in the
redevelopment process for this site.
b. Develop a conceptual plan of this redeveloped area (19th - 13th street) with an
emphasis on transportation, infrastructure and development opportunities. Included
within this plan will be an updated land use database on the properties located within
this area to explore the creation of a land bank for property redevelopment.
c. Develop a working task force of Partner's/Technology Partner's in formulating an
action plan for emerging technology business development and marketing outreach
activities.
d. Develop a marketing plan that encompasses technology development associated
with UTMB and provides marketing/outreach/participation in regional and statewide
initiatives focused on emerging technology and commercialization.
Develop a successful redevelopment strategy for the redevelopment of this development
area that leverages public and private sector investments and benefits the island's tax and
employment bases. Central to the successful redevelopment of the area will be the creation
of a working committee dedicated to emerging technology from a regional perspective.
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Galveston’s Economic Base is highlighted by a
broad cross section of businesses. The Top 10 Employers are in the Education, Healthcare, Hospitality & Tourism sectors.
Galveston’s Tax Rate has remained competitive with
area communities and in spite of a decreasing population, the tax base has been supported both by existing companies and the addition of many new projects across Galveston Island.
ECONOMIC OVERVIEW:
“Galveston’s economic development is moving -Dr David Callender
forward in a robust and diversified way.” 2013-14 Chairman of the Board
GEDP Developer Profile
Demographic data and statistics from the 2010 U.S. Census and the Bureau of Labor and Statistics
GALVESTON - WORKFORCE
POPULATION 47,743
WORKFORCE 25,215
JOBS IN GALVESTON 36,645
EMPLOYED 22,717
UNEMPLOYED 2,498
UNEMPLOYMENT RATE 7.6%
Source: US Census Bureau, American Commu-nity Survey, Multi year estimates 2007-2011
TOP 10 EMPLOYERS –GALVESTON (2011)
1 UNIVERSITY OF TEXAS MEDICAL BRANCH - GALVESTON
7500 EDUCATION & HEALTHCARE
2 GALVESTON INDEPENDENT SCHOOL DISTRICT
1366 EDUCATION
3 LANDRY’S, INC. *(Employment increases by 45% - almost 600 additional jobs -during the summer)
1300* TOURISM & HOSPITALITY
4 ANICO 866 INSURANCE
5 GALVESTON COUNTY 864 GOVERNMENT
6 MOODY GARDENS 810 TOURISM & HOSPITALITY
7 CITY OF GALVESTON 722 GOVERNMENT
8 MITCHELL HISTORIC PROPERTIES 460 HOSPITALITY & REAL ESTATE
9 TEXAS A&M – GALVESTON 423 EDUCATION
10 GALVESTON COLLEGE 300 EDUCATION
** SCHLITTERBAHN **(Employment increases to almost 700 during the summer)
286** TOURISM & HOSPITALITY
SNAPSHOT OF GALVESTON ISLAND
GALVESTON TAX RATE
(2012)
Per $100 Assessed Value
Galveston ISD $ 1.165
City of Galveston $ 0.554
Galveston College $ 0.189
Galveston County $ 0.613
County Road & Flood $ 0.009
Navigation District 1 $ 0.047
Total $ 2.584
Source: Galveston CAD
Galveston’s Workforce statistics show that Galveston is a job generator
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ECONOMIC OVERVIEW:
SNAPSHOT OF GALVESTON ISLAND
CITY OF GALVESTON - 2012 TOP TAXPAYERS TOTAL TAXABLE VALUE
RNK ENTITY ASSESSED VALUE
1 CENTERPOINT ENERGY, INC. $ 40,778,190
2 FERTITTA HOSPITALITY, INC. $ 28,380,190
3 GALVESTON TERMINALS, INC. $ 24,831,240
4 GALVESTON ISLAND WATER PARK, LP. $ 15,980,730
5 SILVERLEAF RESORTS, INC. $ 14,824,635
6 HALLIBURTON ENERGY SERVICES, INC. $ 14,618,482
7 DIAMOND BEACH VP, LP. $ 13,414,575
8 WALMART REALTY CO, #504 $ 13,015,320
9 EIGHTEEN SEVENTY STRAND, CORP $ 12,940,810
10 ISLAND HOSPITALITY, INC. $ 11,834,790
SOURCE: GALVESTON CAD
Galveston: First 6 Months - Real Estate Sales Comparison
SINGLE FAMILY RESIDENTIAL
2010 2011 2012 2013
All Galveston $ 63,425,354 $ 60,245,402 $ 64,507,029 $ 86,086,408
# of Units 259 259 273 314
Real Estate Market in
Galveston is showing increases and figures above those from Pre-Ike years. Single Family residential and condo sales have seen a spike.
Hotel Occupancy Tax (HOT) Collections have
increased as well as the number of rooms available. While some figures show actual occupancy flattening, the Average Daily Room rate has increased.
Quarterly Sales Tax Collections in Galveston has
been increasing since 2010 and has now surpassed pre-Ike collections.
Galveston’s Property Tax Base while decreasing in value
after Hurricane Ike, property values and tax collection in Galveston are on the rise and now exceeding values from 2008.
Galveston: Property Taxes
Taxable Value
2008 $ 3,960,575,825
2009 $ 3,434,657,656
2010 $ 3,753,541,340
2011 $ 3,875,058,554
2012 $ 3,992,505,686
Galveston Taxpayers have remained fairly
consistent over the years with the exception of a slight increase in the Maritime and Offshore Oil and Gas industries.
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ECONOMIC OVERVIEW:
SNAPSHOT OF GALVESTON ISLAND
Galveston’s Student Population is comprised of a myriad of educational opportunities. In addition to the Galveston Public School System, Galveston Independent School District, Galveston also offers 8 additional learning environments ranging from Pre K to High School alternatives. These schools include: Moody Methodist Day School, Trinity Episcopal School, Holy Family Catholic School, Odyssey Academy, KIPP Coastal Village, Ambassador’s Preparatory, Satori Elementary and O”Connell College Preparatory High School. Galveston is also home to three institutions of higher education, which collectively contribute greatly to making Galveston a center for federal, scientific and maritime research and state-of-the-art research/health care facilities. The three institutions are the University of Texas Medical Branch at Galveston, Texas A&M University at Galveston, and Galveston College. In addition to Educational programs, Galveston also boasts a robust health care system providing health care services in Galveston and across the State of Texas.
Student Population
Galveston ISD 6,639
Galveston College 2,200
Texas A&M-Galveston 2,014
UTMB-Galveston 3,012
Galveston Economic Development Partnership 5007 Avenue U — Building 3311
TAMUG Fort Crockett Campus P.O. Box 8029 Galveston, Texas 77553
409 / 770 - 0216 www.gedp.org
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Galveston Economic Development Partnership
2014 Calendar of Events ===================================================
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GG EE DD PP WW OO RR KK II NN GG GG RR OO UU PP SS Meetings Monthly - Schedules Determined by the Committees
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All GEDP members are considered Board Members and are invited to attend these meetings. If you are interested in sponsoring a meeting, please contact Michele Hay for details at hay@gedp.org or 409-770-0216. www.gedp.org
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15 Years in Review15 Years in Review
Projects, Issues and Activities since inception
Galvez Mall Redevelopment Public Policy on Economic Development
Planned Conservation Development Strategy TIRZ 12 - Galvez Mall
Bio Technology Venture Capital Conference TIRZ 14 - Airport
Academy Sports Silverleaf Resorts
County Criminal Justice Center Developer Day
Galveston Island Convention Center Center for Marine Training and Safety
International Bio Trade Show GIS Program Implementation and Consortium
Bolivar Crossing (Ferry Removal) UTMB National Laboratory
Coast Guard Rulings on Rig Movements Harborside Environmental Enforcement
Middle Income Housing Study/Housing Initiatives Port Merger
City Height and Density Study Harborside Drive Management District
Hurricane Recovery Task Force 4B Sales Tax
Texas Industry Development Loan for Port Port/Navigation District/County consolidation
Panama Canal Windstorm Legislation
UTMB Legislation Economic Outlook Conference
East End Flats Technology Center - Customs House
Process Technology Conference Workforce Training Center Galveston College
Sports Stadium for GISD Hurricane Ike Preparedness/Response/Recovery
Economic Development Administration Recovery Act (Oil Spill)
GEDP Economic Summit Investor-Developer Profile Magazines
Exxon Helicopter Base at Scholes Airport First Wave New Park
Edison Chouest Project Dienst Distributing/Broome Welding
Lieutenant Blender Trend Investments
Deep Sea Flexibles Martin Midstream (Tesoro) Expansion
Gulf Copper BP LNG Terminal on Pelican Island
Schlitterbahn Waterpark Clara Barton
Beachtown Palisades Palms
Evia Centex-Pointe West
Anchor Bay Beachside Village
Stella Mare Sweetwater
Piazza Blanca Sunset Cove
East Beach Development Club of the Isle Apartment Complex
Jordan Towers Coast Guard Housing Development
Weekly Homes Maceo Property Developments
Industrial Material Corporation Rolls Royce Marine Facility
Stolt Nielsen Jean Lafitte
Falstaff Historic Medical Arts Building
Weingarten Realty Incinerator
Martini Theatre United Fire
St. Vincent’s House Arlan’s
Jungle Surf 61st and Stewart property
Gulf Of Mexico Foundation Farmer’s Alloy
Elliot Electric Supply Sherwin Williams
Pelican Island Storage Terminals Southwest Shipyards
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15 Years in Review15 Years in Review
Committees, Boards, Commissions GEDP Task Forces (maritime, bio tech, housing, etc) ESF 14 Regional Plan
West End Land Use Policy Committee Pelican Island Organization
Gulf Coast Economic Development District District Education Council
Airport Advisory Committee Galveston Island State Park
Galveston Island Redevelopment Authority Long Term Recovery Committee
Bay Area Houston Economic Development Partnership Governor's Commission on Recovery
Parks Board Tourism Economic Impact Study IEDC Galveston Recovery Report
Comprehensive Plan Committee Bolivar Rebuilds
Galveston County Economic Development Organization East End Lagoon Project
UTMB Citizens Advisory Committee P-16 Education Council
Galveston Housing Finance Corporation IEDC Oil Spill Report
Multiple Chamber Committees ULI Planning Initiatives
Space Alliance Technology Outreach Program CDM Housing Market Study
Houston Regional Economic Development Association IEDC National Recovery
Downtown Redevelopment Plan Industrial Development Corporation
Plans and Reports that GEDP has participated in since September 13, 2008 ESF 14 Regional Recovery Report
IEDC/US Chamber of Commerce Post Disaster Report
Governor's Commission on Hurricane Ike
Governor's Disaster Report on Hurricane Ike
Long Term Recovery Committee
Downtown Strand Redevelopment Plan
Urban Land Institute Disaster Report
Tourism Economic Development Report - Economic Impact
Urban Land Institute Housing Panel
IEDC Oil Spill Disaster Report
University of Houston SBDC Business Recovery Center
Texas A&M Population Study - Post Ike
CDM Housing Market Study
IEDC Economic Development National Retreat and Recommendations to the Federal Government
City of Galveston Comprehensive Plan and committees
GHA Redevelopment Plan
Revitalization Authority development
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Term Expires 2014 Term Expires 2015 Term Expires 2016
Keith Bassett David Callender Jayson Levy
Nick Gaido Betty Massey Keith Palmer
Harris L. "Shrub" Kempner Jimmy Rasmussen Jim Pozzi
Robert Smith, III William Rider Victor Pierson
Gwen Wagner William A. Ross, Jr. Leonard Hale
Maureen Patton (2013 CofC) Albert Shannon (2012 CofC) Fred Raschke (2013 CofC)
Ex-Oficio with Voting Rights
Mayor of Galveston Honorable Lewis Rosen
Chairman of Chamber William A. Ross, Jr.
Immediate Past Chair Johnny Smecca
Galveston County Judge Honorable Mark Henry
Ex-Oficio Non-Voting Rights
President of Chamber Gina Spagnola
Galveston Wharves - Chair Benny Holland
Galveston City Manager Brian Maxwell (Acting)
GISD Superintendent Larry Nichols
2014 Executive Committee Roster
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Galveston Economic Development Partnership Membership Application
The Galveston Economic Development Partnership (GEDP) was founded by the business and community leaders of Galveston Island in 1999 for the expansion and diversification of Galveston’s tax and employment bases.
(Other) Voting member Non-voting member “Under 50-500”
Membership Level: ___________ $5,000 $2,500 $1,000 $500 (under 50 emp) We accept checks and credit cards as payment options. If paying by credit card, please contact Michele Hay at 409-770-0216.
Name of Company:
Primary Representative:
Title:
Type of Business:
Number of Employees:
Address:
Phone number:
Fax number:
Email:
Website address:
PLEASE RETURN FORM BY MAIL TO: P.O. BOX 8029 GALVESTON, TEXAS 77553 DROP BY OFFICE: 5007 AVENUE U GALVESTON, TEXAS 77551 (TEXAS A&M- FORT CROCKETT CAMPUS)
BY EMAIL TO: Michele Hay, Director of Communications at hay@gedp.org
WORKING COMMITTEES/TASK FORCES Please select ALL areas you are interested in participating in:
DISASTER RECOVERY INCINERATOR AREA PELICAN ISLAND BRIDGE
EMERGING TECHNOLOGY MARITIME REAL ESTATE/HOUSING
FT. CROCKETT AREA MARKETING/MEMBERSHIP DEVELOPMENT
STORM SURGE SUPPRESSION / IKE DIKE
GEOGRAPHIC INFORMATION SYSTEMS (GIS) CONSORTIUM
NORTH BROADWAY/ FALSTAFF AREA STRAND CORRIDOR/ CUSTOMS HOUSE AREA
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