Page 86 - FDI Alliance International Magazine. Spring 2021 Digital Interactive Issue

Blending the ideal mix of commerce, The Park’s desirability is confirmed by the of development happening in nearby Old
community, and connectivity, Tomball, Texas diverse industries that its tenants represent, Town Tomball. Lauded for its charm, Old
is positioned as an emerging powerhouse. including oil and gas, water technologies, Town serves as the cultural center of Tomball.
Just 30 miles north of Houston, Tomball’s weatherstripping, and food distribution. The Beyond that, it has grown into a destination
success is rooted in business-friendly principles, trendy e-commerce jewelry company, Kinsley for businesses wanting to be in the middle
small town charm, and committed leadership. Armelle, recently moved its headquarters to of the action.
Guided by a clear vision for economic the Business & Technology Park. Additionally,
excellence, Tomball continues to provide the CCJ Collaborations broke ground in February Bold investments in Old Town, another
necessary resources for businesses to thrive. on their new brewery in the heart of the Park. strategic initiative of the TEDC, continue
The 10,500 square-foot project will open to enhance the area’s experience. The
Leading Tomball’s economic vision, the later in 2021, bringing an exciting food and Hutson Group, a Tomball-based developer,
Tomball Economic Development Corporation beverage selection. is currently working on an entire block that will
(TEDC) maintains strategic initiatives to recruit bring anchor businesses and infrastructure
new business suitable for Tomball and to While Tomball Business & Technology Park’s improvements to Old Town. The project will
help existing Tomball businesses expand. In is an established business center, the TEDC drive commerce by modernizing yet protecting
order to further these initiatives, the TEDC is creating an exciting 6.2-acre development the historical charm of the district.
utilizes Tomball’s top-level business centers near downtown Tomball. South Live Oak
to attract new and expanding companies. Industrial Park, located directly off Main To help encourage projects like the one being
Headlining Tomball’s economic hubs is the Street near downtown Tomball, provides a completed by The Hutson Group, the TEDC
Tomball Business & Technology Park. central location for businesses wanting to and local partners offer robust incentives.
be close to Tomball’s top amenities. South The TEDC helps fund infrastructure costs
The 99.5-acre Tomball Business & Technology Live Oak is presently home to two industrial for eligible projects and provides financial
Park is fully served with all utilities, provides warehouses totaling more than 41,000 square- assistance in the form of cash grants for
off-site detention, and is mere minutes from feet, however, the Tomball EDC has a vision projects that create or retain jobs, while the
Tomball’s major highways. Operated by the to make the Park and adjacent property a City of Tomball has a popular tax abatement
Tomball Economic Development Corporation, master-planned, mixed-use development. program. The State of Texas incentivizes
the Master-planned and deed-restricted light new business investment through the Texas
industrial Park utilizes flexible lot sizes and South Live Oak Industrial Park’s future Enterprise Zone Program and the Texas
competitive pricing to stand out. success should be enhanced by the amount Enterprise Fund.

86. FDI ALLIANCE INTERNATIONAL