Infrastructure Development by Midland Development Corporation
Since 2010, the Midland Development Corporation (MDC) has been actively funding and supporting the development of important infrastructure projects in Midland, Texas. With a total investment of over $55 million, the MDC has focused on enhancing road, water, and sewer systems to cater to the growing needs of commercial and industrial sectors and the Midland community. The MDC collaborates closely with various local organizations, including the City of Midland, the Texas Department of Transportation (TxDOT), the Midland-Odessa Transportation Alliance (MOTRAN), and the Permian Basin Metropolitan Planning Organization, to ensure the successful implementation of these projects.
Projects Funded by MDC
In 2022 and 2023, the Midland Development Corporation (MDC) contributed to three major infrastructure projects in Midland along with other local organizations. These three recent contributions speak to the last decade of infrastructure work that the MDC has collaborated on as well as what the MDC hopes to continue funding in the future.
Todd Drive
Recognizing the need for road connectivity in the northeast region of Midland, the MDC has undertaken a multi-year plan to improve Todd Drive. One thousand eight hundred new single-family homes are planned for northeast Midland. As a vital corridor in east Midland, Todd Drive is pivotal in accommodating the current and anticipated population growth. In 2022, the MDC committed $1.72 million to purchase the right of way to extend Todd Drive at the north side of Loop 250. The MDC and the City of Midland are working together to plan and design the extension, and the completed plans will be donated to TxDOT. The local community's participation in the planning and design process holds the potential to expedite TxDOT funding.
State Highway 191 (SH 191)
To facilitate residential and commercial development along the growth corridor west of Midland, the MDC has invested in infrastructure improvements along State Highway 191. This initiative aims to attract large retail establishments to expand Midland's retail base and draw regional shoppers. In support of this goal, the MDC will reimburse $5 million for city streets required to serve a 17-acre retail development at SH 191 and SH 158. Development plans include Costco and additional pad sites, which will foster economic growth in this area of Midland.
As of 2023, Midland City Council has approved two economic agreements that will aid area residential and commercial growth. The first is with the City of Midland for infrastructure improvements at Sinclair Avenue and SH 158, while a second agreement with Kimley-Horn is for the widening of SH 158 from Sinclair Avenue to Wadley Avenue and Wadley Avenue to Briarwood Avenue.
Loop 250/CR 1150
The Loop 250/CR 1150 project, completed in 2022, is a significant accomplishment resulting from collaborative efforts between the MDC, TxDOT, the Permian Basin Metropolitan Planning Organization, and MOTRAN. This project and others hold immense importance in supporting Midland's ongoing growth. Because of the contributions made by the MDC and other local contributors, the project was completed years ahead of schedule. This achievement demonstrates the commitment of the MDC and its partners to expedite infrastructure development, ensuring Midland's sustained progress.
Foundation of Prosperity
The Midland Development Corporation has been instrumental in funding and supporting vital infrastructure projects in Midland, Texas. With an investment of over $55 million, the MDC has played a crucial role in enhancing road, water, and sewer systems to meet the needs of commercial and industrial sectors. Collaborating closely with the City of Midland, TxDOT, MOTRAN, and the Permian Basin Metropolitan Planning Organization, the MDC has completed projects such as the improvement of Todd Drive, the development along SH 191, and the Loop 250/CR 1150 project. These endeavors have accelerated growth and laid the foundation for future development and prosperity in Midland.