PEDC Annual Report


Each year, PEDC produces an annual report to highlight the accomplishments, goals and various projects that were completed in the previous year. 

Greetings friends, colleagues and community partners,

2018 was another year of remarkable economic growth in Pearland with sales tax revenues reaching a record $33.5 million. During this past year, the Pearland Economic Development Corporation (PEDC) continued to implement the Pearland 20/20 Community Strategic Plan, working with local partners to accomplish projects that create opportunities and advance our community’s shared vision for sustained growth.

PEDC partnered with companies to bring more than $178 million in capital investment to the community. We celebrated the grand opening of Lonza’s biotech center – the largest cell and gene therapy facility in the world. We also welcomed Tool-Flo Manufacturing, Rex Supply and Diamond Bolt as Pearland’s newest employers, while assisting existing companies, such as Koza’s, with expansions.

We made progress on many of the key initiatives outlined in the Pearland 20/20 Community Strategic Plan. Construction began on the State Highway 35 Corridor Redevelopment Project, and beautification projects advanced along the State Highway 288 Corridor. We continued our efforts to develop a multi-use event
center and began a community marketing campaign to help promote Pearland and its assets.

As we move into 2019, PEDC will start work on a new economic development strategic plan to keep us on a successful path. We will team with City and community partners to search for opportunities that will keep us prepared for future population and economic growth. Our goal will be to continually demonstrate that the best business opportunity in Houston is due south.

Sincerely,
Chair, Brandon Dansby

 

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