News/Updates/Opportunities
TEXAS CITY INTERNATIONAL TERMINALTexas City is perfectly positioned to handle international shipping terminal expansion needs in the growing Houston-Galveston region. The Panama Canal is expected to play a more important role in trade between Asia and the Gulf Coast after a project to expand the waterway is completed in 2014 allowing for transit of larger container vessels. The anticipated increase in trade and commercial activity due to all water services from Asia would provide economic growth opportunities for Texas City. Texas City is in a prime location for providing new terminal capacity at Texas City International Terminal (TCIT) with 45' channel access accomodating the larger generation container vessels.
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TEXAS CITY PHOENIX INTERNATIONAL TERMINALThe Texas City Phoenix International Terminal site is zoned for heavy industrial uses and consists of approximately 126-acres. The property is located within the Texas City Refinery Complex; situated less than 1 mile from the Port of Texas City. The property is rail-served by Texas City Terminal Railway (co-owned by BNSF and UP). The property is an ideal location for intermodal yard in conjunction with the Texas City International Container Terminal.as well as logistics/distribution, heavy manufacturing, or petrochemical uses.The project-property website is: www.tcphx.com. |
SANDPIPER PROJECT"Sandpiper is a 1,400 acre "live-work-play" master-planned community that will accommodate a wide range of both residential and commercial land uses. To learn more about Sandpiper, click here". |
Background
In the late 1980s, the City of Texas City realized the necessity to diversify and stimulate its economy and began to aggressively develop an economic development strategy. The strategy contemplated having a versatile inventory of integrated economic development vehicles available to exploit the City's numerous assets and accommodate any economic development project requirement. Accordingly, several local government corporations, that have specific economic development missions and resources, have been created to interact, share resources and collectively pursue economic development projects. Other vehicles have also been implemented to provide a holistic approach to economic development within the City. The strategy is working and the City is proactively achieving its goals.
Diversified Economy
Texas City is fortunate to have a diversified economy. Heavy industry is the largest and was, since the 1900's, the City's only economic engine until the City's economic development strategists realized the City's vulnerability and began diversifying the economy. Now, the City's economy is driven by several industries including residential, commercial, retail, marine, entertainment and environmental developments, higher education, tourism, health care, sports, transportation, birding, fishing, boating and restaurants. This diversification evolved from the City's economic development strategists who created the numerous economic development vehicles that are available to accommodate the requirements of economic development projects.
