The Marble Falls Economic Development Corp. will work with Stantec, an engineering services company, in developing the next steps of Lakeside Park Phase 1B improvements. The EDC approved entering a $553,095 professional services agreement with the company during its Monday, Sept. 27, meeting. Stantec will spend the next eight months working on design development and […]
The Marble Falls Economic Development Corp. entered land purchase, management, and lease agreements with Marble Falls Hotel Group LLC during the EDC’s Sept. 27 meeting. The actions allow for the construction of a planned hotel and conference center. Illustration courtesy of Marble Falls EDC Legal documents to bring the Marble Falls Hotel and Conference Center closer to […]
Can it be? The dog days of summer 2021 are upon us at last. And while plenty has changed over previous years, one thing remains constant: an overwhelming desire among many Americans to head to the water—and, just maybe, consider what it would take to own a house there. But in today’s overheated housing market, […]
Over the last several months, I’ve been reluctant to share my normal updates on economic indicators for Marble Falls. The context for these updates has been turned on its head, and it seems that every statement made by every public official these days is derided by exactly 50% of the population for either politicizing the pandemic or ignoring science, even if it’s not really related to COVID. It’s exhausting and annoying.
Why Downtown?” was a question I was often asked when the EDC started working on the creation of a tax increment reinvestment zone (TIRZ) back in 2012. I think that people underestimated Downtown’s value and wondered why we weren’t focusing our efforts elsewhere. Today, I think people have begun to recognize Downtown’s value—or, if not, at least its potential—but the questions remain about prioritization of projects. To begin my response, I will share the same quotation here that I included in a blog on the TIRZ in 2013:
Last week, I received an email from a friend asking how increases in sales tax are being used and how they can’t be used. It was a great question that deserved a proper response, and I thought I would include it here for others to see as well. Regarding the facts and figures I post, […]
Historically, I’ve used this blog to share information about overall economic activity and significant projects in Marble Falls. We’ve had more than our share of good news and project activity to report, especially for a community our size. Because it’s National Economic Development Week this week, however, I thought I would try to do something […]
In the last day or so, there has been quite a bit of dialogue about the proposed parking garage on EDC-owned property in Downtown Marble Falls. While the focus has been squarely on the garage and concerns about losing our small-town feel, there is much more to the overall project than the garage alone. With […]
Captain Obvious: “Wow—the grand opening of the new H-E-B in Marble Falls is a pretty big deal.” Admittedly, I knew there would be some buzz surrounding the opening of the new H-E-B, but I was not prepared for more than 2,000 reactions, comments, and shares in the first week of our Facebook video post highlighting […]
By just about every economic measurement, Marble Falls had a banner year in 2017. Sales tax growth was unprecedented. Hotel receipts continued on their very strong trajectory. Building permits issued by the City of Marble Falls kept pace with the growth trend established several years ago. The market value of all properties in the city surpassed a billion dollars for the first time ever. In short, Marble Falls is one of the most economically vibrant small towns in the country.