News & Resources

Midland, Texas, offers an affordable cost of living significantly lower than many metropolitan areas, making it an attractive option for individuals and families. Housing is a standout feature, with cost-effective options ranging from spacious single-family homes to modern apartment complexes with top-notch amenities. With its median home price below the...Continue Reading

Living in Midland offers a unique experience that blends business with leisure, appealing to families, young professionals, and retirees alike. Centrally located in West Texas and the heart of the Permian Basin, it is called the Tall City for its striking downtown skyline. The city's strategic location ensures that Midland...Continue Reading

 Midland, Texas, is a perfect place for family-friendly living, with numerous activities that cater to every age group. The city’s parks offer playgrounds, sports fields, and picnic areas, ensuring plenty of opportunities for outdoor fun. Nature lovers can explore the I-20 Wildlife Preserve and Sibley Nature Center, providing year-round access...Continue Reading

As a seasoned professional, you know that the true power of leadership lies in recognizing the potential within your team and creating an environment that allows them to demonstrate leadership themselves. However, too many leaders forget this and default into focusing on immediate outcomes rather than nurturing future leaders. The...Continue Reading

It didn’t take Hurricane Beryl coming ashore in southeast Texas to remind everyone about the vulnerability of the Texas electric power grid, but the widespread outages that lingered for a week following the catastrophic July storm sure did.“Power is probably the biggest factor impacting Texas right now,” says Susan Arledge,...Continue Reading

Governor Greg Abbott today celebrated the Texas economy expanding faster than the nation in 2023 following the release of data by the Bureau of Economic Analysis (BEA). The Texas economy expanded at an annual rate of 7.4% while the nation expanded at 2.9% as measured by the change in real...Continue Reading

Here’s what the Texas Transportation Commission discussed and approved at its meeting on Sept. 26, 2024.Public TransportationThe Texas Transportation Commission awarded a total of $44.4 million in state and Federal Transit Administration program funds to 31 public transit agencies in Texas to support rural bus services. Of this funding, $18.5...Continue Reading

Starfighters Space Expands to Midland with Support from Midland Development Corporation Midland, Texas — Sept. 24, 2024 — Starfighters Space, a leader in spaceflight innovation, is expanding its operations to Midland under an economic development agreement with the Midland Development Corporation (MDC). The agreement, approved at the September 9 board...Continue Reading

Ask 10 location experts what their top quality of life ingredient is, and you’ll likely get about 10 different answers. Most would agree that housing costs and availability, education options, cultural amenities and commute times are high on their list, but it varies from person to person.Personal finance company WalletHub...Continue Reading

Well, here at the Texas Economic Development Corporation (TxEDC) we certainly aren’t shy when it comes to bragging about the strength of our economy. That’s our job, after all. But sometimes people in Texas — as well as people around the U.S. and the world — need a reminder of...Continue Reading

Dallas, TX, September 12, 2024 -- Omni Hotels & Resorts has signed a development agreement with Midland Downtown Renaissance, LP, a collaborative effort by leading Midland-based companies, foundations and investors, to develop and manage a highly anticipated 135-room luxury hotel in the heart of downtown Midland, Texas.Omni, whose headquarters are...Continue Reading

A Fresh Look and Enhanced Features Offer a Seamless User Experience for New and Existing BusinessesMIDLAND, TX–Midland Development Corporation is proud to announce the launch of its newly redesigned website, www.midlandtxedc.com. The updated site offers a fresh, user-friendly interface while highlighting the unique qualities of Midland, TX, and providing enhanced...Continue Reading

Science fiction is quickly becoming reality in life — but it’s also just another day on the job site at TxDOT.If you’ve ever visited a TxDOT job site, don’t be alarmed if you notice a robotic worker. There’s TyBOT the rebar-tying robot in the Odessa area, Spot, the data-collection robot...Continue Reading

Governor Greg Abbott today announced 17 Fund for Veterans’ Assistance (FVA) grants totaling over $4.3 million were awarded to 12 organizations in South Texas as part of the Texas Veterans Commission’s (TVC) Grants Across Texas. Presented by TVC today, the funding will provide services to more than 3,400 veterans and...Continue Reading

The airport in your community provides valuable services that are often overlooked. In addition to providing a runway, fuel, and a building, airports can be a hub of economic activity. It is an economic asset with the potential to produce revenue and services for the community.General Aviation FactsGenerates over $150...Continue Reading

Downtown isn’t just for cities, urban areas or song lyrics anymore. In the realm of economic development, the concept of a "downtown" has become a focal point for communities of all sizes. Far from being limited to major urban centers, downtowns play a significant role in fostering economic growth, cultural...Continue Reading

Midland was named one of the top 25 best places to live in the Southwest by Livability.com. Landing at #20, our community is mentioned first by our iconic skyline and oil and aerospace industries. Due to the affordable nature of Midland, we made the list not only for our community...Continue Reading

The aerospace and defense (A&D) industry is undergoing a transformative period with significant federal funding shifts towards emerging markets. This article will examine the trends in federal funding, the rise of new A&D hubs, and the strategic considerations companies must navigate to capitalize on these opportunities.Trends in Federal FundingFederal funding...Continue Reading

Space—check. Cool activities—check. Convenient location—check. Local airports have everything you need to host vibrant community events. Next time you are planning a community gathering, consider hosting it at the airport to create awareness for the impact it makes on the local economy and how the community can participate.In our latest...Continue Reading

Chevron Corporation will move its headquarters from San Ramon, California, to Houston before the end of the year, the company said Friday.Chevron is the latest company to leave California for Texas seeking a laxer, more business-friendly regulatory environment. Last month, Elon Musk said he’ll move X and SpaceX to Texas...Continue Reading

The Midland Development Corporation Board of Directors approved an agreement with UT Permian Basin for the 2024-2025 Midland Entrepreneurial Challenge during the June board meeting. Midland City Council approved the agreement later in July, giving the green light for another year of the MEC.The Midland Entrepreneurial Challenge is funded by...Continue Reading

A decade ago, General Electric selected its engine parts plant in Auburn, Alabama, to lead a deeper plunge into the world of additive manufacturing. Today, 3D printers installed at the facility produce complex jet engine components from metal powders — a process more efficient than traditional manufacturing methods.As testament to...Continue Reading

Midland recently ranked #1 in AOL's Best Places to Buy a Home Under $300,000! Midland continues to be a great place to live, work, and play for everyone. Read the full report here.Learn more about living in Midland here.Continue Reading