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Saturday, December 13, 2025 at 5:29 AM
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As the new year arrives, a reason for optimism in economic development

As the new year arrives, a reason for optimism in economic development

Well wishes to you all during this holiday season.The new year is nearly upon us and, like many of you, I am looking forward to starting 2021 — which stands to be a record-breaking year for economic development and activity in Texas.

Earlier this month, the Greater San Marcos Partnership (GSMP) hosted a briefing by Gov. Greg Abbott, and I was pleased to hear his optimism for our state’s projected economic growth. Considering the success GSMP had in our last fiscal year with seven announcements generating more than 550 new jobs, I share his optimism going into the new year. 

Among items discussed, the governor highlighted Tesla’s relocation announcement, bringing 5,000 jobs just up north on SH 130, and Oracle headquarters relocating to the Austin MSA. He also noted the economic development pipeline for the State of Texas has more than 225 projects in it — many of which are looking at the Greater San Marcos region. This has boosted our local economic pipeline, giving the region more potential employers and ultimately jobs for our residents.

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