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Page 1: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

LUBBOCK ECONOMIC DEVELOPMENT ALLIANCELUBBOCK, TEXAS

800.687.5330 • 806.749.4500

FOR MORE INFORMATION, VISIT

LUBBOCKEDA.ORG

Page 2: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

TABLE OF CONTENTS

INTRODUCTION

WORKFORCE

BUSINESS

REAL ESTATE

TRANSPORTATION

MAPS

PHOTOS

-Lubbock Business Park

-Lubbock Rail Port

-TTU Innovation Hub and Research Park

-City of Lubbock

-Lubbock Business Park

-Lubbock Rail Port

-Rail Lines

Page 3: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

MEXICO

Los Angeles

Seattle

Salt Lake CityChicago

Denver

LubbockDallas

HoustonAustin

THE LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE (LEDA) IS YOUR RESOURCE FOR SUCCESS.

OF A 26−COUNTY REGION

STRONG & DIVERSE ECONOMY

REGIONALPOPULATION

639,921

LUBBOCK, TEXAS THE “HUB CITY”

MSAPOPULATION

312,354

Source: 2016 Nielsen Report MSA (Lubbock, Lynn, Crosby)

TRAN

SPORTA

TION

REGIONAL ACCESSIBILITY

40

20

1035

45

10

4025

44

30

27

49

87 84

114

82

Albuquerque Amarillo

El Paso

New Orleans

Oklahoma City

San AntonioChihuahua

MEXICO

Monterrey

Phoenix

Austin

Ft. Worth

Lubbock

Dallas

Houston

RAIL LINESWith service provided by multiple shortline railroads and BNSF Railway, Lubbock is connected to markets throughout the United States and Canada.

RAILBNSF RAILWAY

LUBBOCK SHORTLINES:PLAINSMAN SWITCHING COMPANY

* Located in downtown Lubbock where it interchanges with the BNSF Railroad and the Union Pacific Railroad

* Currently building a transload facility to serve customers that do not have rail access on-site

WEST TEXAS & LUBBOCK RAILWAY

* Operate 107 miles of railroad on two lines extending from Lubbock to Seagraves and Whiteface, Texas

* Connections to the BNSF Railroad and the Union Pacific Railroad in Lubbock

GREYHOUND

* For long distance travel

BUS SERVICECITIBUS

* Public transportation service

* Fixed routes to all major retail, medical, educational and employment areas

Page 4: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

TABLE OFIN

TROD

UC

TION

17 Minutes

11th

6.2%

30.6

$47,643

Source: 2016 Nielsen Estimate, U.S. Census Bureau 2014 Population Estimate

Average Commute Time

Largest City in Texas

Projected Growth Through 2021

Median Age

Median Household Income

THE TRANSPORTATION INFRASTRUCTURE THAT CONVERGES IN LUBBOCK ESTABLISHES IT AS A “HUB CITY.”

A LOOK AT LUBBOCK

CITY OF LUBBOCK QUICK FACTS

AIRLUBBOCK PRESTON SMITH INTERNATIONAL AIRPORT (LBB) * Ability to get commuters to Austin or Dallas within one hour* U.S. Customs International Port of Entry with a resident U.S. Customs Port Director* Oversize and heavy lift air cargo operations* Two Fixed Base Operators located on-site along with an aircraft repair service

AIRLINES

American Eagle AirlinesSouthwest AirlinesUnited Airlines

NON-STOP FLIGHTS TO:

AustinDallasDenver

ROADHIGHWAY

* Located between two major east-west interstates: I–20 and I–40

* Transportation infrastructure is quick and accessible

* Major locations in the city can be accessed easily via Loop 289 or the Marsha Sharp Freeway

TRUCK FREIGHT

* 26 truck freight carriers * Inter- and intra-state services * Regional warehousing and distribution

Albuquerque 319 milesAmarillo 124 milesAustin 373 milesDallas 345 milesEl Paso 344 miles

Fort Worth 314 milesHouston 520 milesNew Orleans 851 milesOklahoma City 348 milesPhoenix 738 miles

5 hrs1 hrs 47min5 hrs 51min5 hrs 7min5 hrs 38min

4 hrs 37min 8 hrs 4min12 hrs 13min 5 hrs 17min 11 hrs 8min

NEARBY CITIES

LUBBOCK IS THE PLACE TO GROW YOUR BUSINESS.

HoustonLas VegasPhoenix

Page 5: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

LUBBOCK’S GREATEST STRENGTH IS ITS EDUCATED, DIVERSE AND SKILLED WORKFORCE.

ENROLLMENT (FALL 2015)Lubbock Christian University 1,958South Plains College (Includes Levelland Campus) 9,365Texas Tech Health Sciences Center (Lubbock Campus) 3,316Texas Tech University 35,893Wayland Baptist University (Lubbock Campus) 3,777

COLLEGES AND UNIVERSITIES

THE LUBBOCK LABOR POOL

54,309

13,292

26.9%.

LABOR FORCE (LUBBOCK MSA) 154,152

Source: Texas Workforce Commission (December 2014), U.S. Census Bureau, Texas Higher Education Coordinating Board & Nielsen 2016 Estimate

Source: University Admissions Office’s & Texas Higher Education Coordinating Board

Total: 54,309

LUBBOCK CHRISTIAN UNIVERSITY

* Offers 55 undergraduate majors and more than 14 graduate degrees

* Recognized by U.S. News & World Report as a Top 20 Comprehensive College in the Western Region

SOUTH PLAINS COLLEGE

* Comprehensive, two-year community college

* Innovative, educational programs spanning the arts and sciences, technical education, continuing education and workforce development

WAYLAND BAPTIST UNIVERSITY

* Four 11-week terms per year

* Classes are scheduled in flexible formats including evening, weekend, online and hybrid instruction

REAL ESTA

TE

REESE TECHNOLOGY CENTER

* Former Air Force base repurposed into a center for research, technology, engineering, education and light manufacturing* Available office, flex, industrial and laboratory space with additional areas for development

* Park includes three runways with pad sites available for development in a secure environment – Includes: one 6,500 ft and two 10,500 ft runways

* Level II Data Center with OC-192 fiber optic network and fiber backbone

* Located in Foreign-Trade Zone 260

* Home to Texas Tech’s wind research facility established through partnerships with the U.S. Department of Energy, Sandia National Laboratories, Vestas & Group NIRE

LUBBOCK RAIL PORT* 526 acre tract of land

* Located five miles north of Lubbock Preston Smith International Airport

* Adjacent to I-27

* Rail service from BNSF Railway

* Rail expansion opportunities

North

HORIZONTAL SCALE: 1”= 500’

0 250 500

Utah Street

Molinos Anahuac (MACSA)

MonsantoR40

ACRES

AA8

ACRES

BB46

ACRES

Monsanto

Q39

ACRES

P40

ACRES

O22

ACRES

Y20

ACRES

L5

ACRES

United

Properties

H5

ACRES

E5

ACRES

C3 ACRES

D3 ACRES

F3

ACRES

G2

ACRES

J10

ACRES

I5

ACRES

K5

ACRES

M6

ACRES

N7

ACRES

Insurance Street

Interstate 27

Ash

Aven

ue

LOT 1

Ash

Av

en

ue

Fir A

ve

nu

e

MolinosAnahuac(MACSA)

Storm Water

Retention

Storm Water

Retention

United Properties

Future Roads

Storm Water Retention

Lot 1 (Water Storage Tank Area)

Lift Station

Existing Rail

T20

ACRES

S20

ACRES

V20

ACRES

U20

ACRES

F.M. Highway 1294

W22

ACRES

X25

ACRES

College Students Currently Enrolled in Higher Education Institutions in Lubbock Area

College Graduation Class of 2014-2015

Area Residents Age 25+ That Have a Bachelor’s Degree or Higher

Page 6: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

TO MEET THE DEMANDS AND NEEDS OF NATIONAL AND INTERNATIONAL COMPANIES LOOKING TO EXPAND OR RELOCATE, WE’VE INVESTED IN INFRASTRUCTURE.

LUBBOCK BUSINESS PARKThe Lubbock Business Park is a perfect location for growing or expanding businesses.

* 586 acre tract of land

* Adjacent to Interstate 27 (I-27)

* Located one mile south of Lubbock Preston Smith International Airport

* 10 shovel-ready lots are now available for new construction

* $22 million+ invested by LEDA

TTU Innovation Hub and Research Park* Texas Tech is creating a major center for innovation and entrepreneurialism with the opening of the first

building of the TTU Innovation Hub and Research Park.* The 40,000-square-foot facility, the first of six facilities, serves as a resource for faculty, students and

community members launching new ventures, as well as corporate research endeavors.* The research facility houses both traditional laboratories and computer visualization facilities.

Individuals, groups or businesses can lease space in the facility to conduct research, making it separate from the rest of the Texas Tech campus.

WO

RKFORC

E

WORKFORCE DEVELOPMENT RESOURCES

BYRON MARTIN ADVANCED TECHNOLOGY CENTER* 106,000-square-foot facility

* Offers customized training and technical programs

* State-of-the-art computerized testing and training services

COMMUNITY WORKFORCE PARTNERSHIP* Cooperative program that meets the training, education and information needs

of local and regional businesses

* South Plains Center for Productivity & Innovation – serves as a training resource for eligible incumbent workers and as a training and mentoring resource for eligible entrepreneurs

* Skills Development Fund Grants

WORKFORCE SOLUTIONS SOUTH PLAINS* Job Fairs and Employee Recruitment Assistance

* Job Training Programs

* Veteran’s Program

* Collaboration with local and regional partners

* 11 colleges including Agricultural Sciences & Natural Resources, Rawls College of Business Administration and Whitacre College of Engineering

* 150 undergraduate degrees, 100 master’s degrees, 50 doctoral degrees, a law school and a medical school

* One of 81 institutions to achieve Tier One Carnegie Designation, putting Texas Tech University in the top tier of research institutions

* Two multi-million dollar donations from major oil and gas companies to the Whitacre College of Engineering

* Major endowed chairs support new areas of research in solar and nuclear energies

* Groundbreaking research and clinical trials conducted at School of Medicine’s state-of-the-art cancer center

* Awarded National Research University Designation resulting in an additional $8 to $10 million in research funding annually

* The Wind Science and Engineering Research Center offers the world’s only multidisciplinary Ph.D. program in Wind Science and Engineering

TABLE OF

Page 7: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

DOMINANT INDUSTRY CLUSTERS Lubbock County

* Advanced Technology

* Agriculture

* Energy

* Financial Services

* Health Care/Biosciences

* Education

* Tourism/Hospitality

BUSIN

ESS

COMPANY INDUSTRY EMPLOYEESCovenant Health Hospitals 5,500United Supermarkets Supermarket Headquarters 3,700UMC Health System Hospitals 3,549Convergys Corporation Customer Service Centers 900Interim HealthCare of West Texas Home Health Care Services 896Suddenlink Communications Wired Telecommunications Carriers 518UMC Physician Network Services Physician’s Offices 517X-FAB Texas Computer & Electronic Product Manufacturing 380Bimbo Bakeries USA (Mrs. Baird’s) Food Distributor 360NTS Communications Inc. Wired Telecommunications Carriers 336McLane High Plains General Line Grocery Merchant Wholesaler 330Sodexo, Inc. School Cafeteria Contractor 315

Lubbock Heart Hospital Hospitals 310Tyco Fire Protection Products Fire Suppression System Manufacturing 306

Ranked #37 NationallyCOST OF LIVING

MEDIAN WAGES

Lubbock MSA State NationalTeam Assemblers $11.78 $11.97 $13.64Accountants and Auditors 25.45 31.89 31.70

Pharmacists 58.81 58.10 58.15Computer Programmers 27.26 36.32 37.28Network and Computer Systems Administrators 30.55 37.71 36.44Computer and Information System Managers 54.24 63.61 61.37Human Resource Specialists 22.35 27.51 27.60Welders, Cutters, Solderers and Brazers 13.91 17.95 17.99First-line Supervisors of Production and Operating Workers 25.39 28.69 26.69Customer Service Representatives 13.47 13.91 15.00Laborers and Freight, Stock and Material Movers 10.98 11.10 11.74Bookkeeping, Accounting and Auditing Clerks 13.60 17.20 17.51

MAJOR PRIVATE EMPLOYERS

Lubbock’s cost of doing business continues to rank as one of the lowest in the nation. As a pro-business community, Lubbock also has some of the most affordable rates in Texas for electric and natural gas utilities, wages, land, property taxes and other business-related costs.

COST EFFECTIVENESS (out of 273 urban areas)

Source: (2015 Annual Average) The Council for Community & Economic Research (C2ER)

Source: InfoGroup USA, Company Verification

LABOR COSTS

RESIDENTIAL HOUSING COSTSMedian Existing Single-Family Home Price

National $213,800 State 195,500Lubbock MSA 137,900

Renter Occupied Monthly Housing Median Costs

National $920State 870 Lubbock 816

INDUSTRIAL AND OFFICE SPACEAverage Quoted Asking Rental Rates ForAvailable Industrial Space (per sq.ft./year)

Flex $6.62Warehouse 3.78Total 3.88

Average Quoted Asking Rental Rates For Available Office Space (per sq.ft./year)

Class A $19.24Class B 15.74Class C 10.63Total 14.17

Source: Q4 2015 CoStar Report

Source: National Association of Realtors, Annual Survey 2015, American Community Survey 2010-2014 5-Year Estimates, Tx A&M Real Estate Center

Source: www.bls.gov/May 2014 Occupational Wage Estimates

TOGETHER, TTU AND TTUHSC HAVE MORE THAN DOUBLED THEIR ANNUAL RESEARCH AND DEVELOPMENT INVESTMENTS SINCE 2008.

Ranked #18 NationallyLOW COST OF UTILITIES

Source: Impact Data Source 2012

Page 8: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

TABLE OF

DOMINANT INDUSTRY CLUSTERS Lubbock County

* Advanced Technology

* Agriculture

* Energy

* Financial Services

* Health Care/Biosciences

* Education

* Tourism/Hospitality

BUSIN

ESS

COMPANY INDUSTRY EMPLOYEESCovenant Health Hospitals 5,500United Supermarkets Supermarket Headquarters 3,700UMC Health System Hospitals 3,549Convergys Corporation Customer Service Centers 900Interim HealthCare of West Texas Home Health Care Services 896Suddenlink Communications Wired Telecommunications Carriers 518UMC Physician Network Services Physician’s Offices 517X-FAB Texas Computer & Electronic Product Manufacturing 380Bimbo Bakeries USA (Mrs. Baird’s) Food Distributor 360NTS Communications Inc. Wired Telecommunications Carriers 336McLane High Plains General Line Grocery Merchant Wholesaler 330Sodexo, Inc. School Cafeteria Contractor 315

Lubbock Heart Hospital Hospitals 310Tyco Fire Protection Products Fire Suppression System Manufacturing 306

Ranked #37 NationallyCOST OF LIVING

MEDIAN WAGES

Lubbock MSA State NationalTeam Assemblers $11.78 $11.97 $13.64Accountants and Auditors 25.45 31.89 31.70

Pharmacists 58.81 58.10 58.15Computer Programmers 27.26 36.32 37.28Network and Computer Systems Administrators 30.55 37.71 36.44Computer and Information System Managers 54.24 63.61 61.37Human Resource Specialists 22.35 27.51 27.60Welders, Cutters, Solderers and Brazers 13.91 17.95 17.99First-line Supervisors of Production and Operating Workers 25.39 28.69 26.69Customer Service Representatives 13.47 13.91 15.00Laborers and Freight, Stock and Material Movers 10.98 11.10 11.74Bookkeeping, Accounting and Auditing Clerks 13.60 17.20 17.51

MAJOR PRIVATE EMPLOYERS

Lubbock’s cost of doing business continues to rank as one of the lowest in the nation. As a pro-business community, Lubbock also has some of the most affordable rates in Texas for electric and natural gas utilities, wages, land, property taxes and other business-related costs.

COST EFFECTIVENESS (out of 273 urban areas)

Source: (2015 Annual Average) The Council for Community & Economic Research (C2ER)

Source: InfoGroup USA, Company Verification

LABOR COSTS

RESIDENTIAL HOUSING COSTSMedian Existing Single-Family Home Price

National $213,800 State 195,500Lubbock MSA 137,900

Renter Occupied Monthly Housing Median Costs

National $920State 870 Lubbock 816

INDUSTRIAL AND OFFICE SPACEAverage Quoted Asking Rental Rates ForAvailable Industrial Space (per sq.ft./year)

Flex $6.62Warehouse 3.78Total 3.88

Average Quoted Asking Rental Rates For Available Office Space (per sq.ft./year)

Class A $19.24Class B 15.74Class C 10.63Total 14.17

Source: Q4 2015 CoStar Report

Source: National Association of Realtors, Annual Survey 2015, American Community Survey 2010-2014 5-Year Estimates, Tx A&M Real Estate Center

Source: www.bls.gov/May 2014 Occupational Wage Estimates

TOGETHER, TTU AND TTUHSC HAVE MORE THAN DOUBLED THEIR ANNUAL RESEARCH AND DEVELOPMENT INVESTMENTS SINCE 2008.

Ranked #18 NationallyLOW COST OF UTILITIES

Source: Impact Data Source 2012

Page 9: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

TO MEET THE DEMANDS AND NEEDS OF NATIONAL AND INTERNATIONAL COMPANIES LOOKING TO EXPAND OR RELOCATE, WE’VE INVESTED IN INFRASTRUCTURE.

LUBBOCK BUSINESS PARKThe Lubbock Business Park is a perfect location for growing or expanding businesses.

* 586 acre tract of land

* Adjacent to Interstate 27 (I-27)

* Located one mile south of Lubbock Preston Smith International Airport

* 10 shovel-ready lots are now available for new construction

* $22 million+ invested by LEDA

TTU Innovation Hub and Research Park* Texas Tech is creating a major center for innovation and entrepreneurialism with the opening of the first

building of the TTU Innovation Hub and Research Park.* The 40,000-square-foot facility, the first of six facilities, serves as a resource for faculty, students and

community members launching new ventures, as well as corporate research endeavors.* The research facility houses both traditional laboratories and computer visualization facilities.

Individuals, groups or businesses can lease space in the facility to conduct research, making it separate from the rest of the Texas Tech campus.

WO

RKFORC

E

WORKFORCE DEVELOPMENT RESOURCES

BYRON MARTIN ADVANCED TECHNOLOGY CENTER* 106,000-square-foot facility

* Offers customized training and technical programs

* State-of-the-art computerized testing and training services

COMMUNITY WORKFORCE PARTNERSHIP* Cooperative program that meets the training, education and information needs

of local and regional businesses

* South Plains Center for Productivity & Innovation – serves as a training resource for eligible incumbent workers and as a training and mentoring resource for eligible entrepreneurs

* Skills Development Fund Grants

WORKFORCE SOLUTIONS SOUTH PLAINS* Job Fairs and Employee Recruitment Assistance

* Job Training Programs

* Veteran’s Program

* Collaboration with local and regional partners

* 11 colleges including Agricultural Sciences & Natural Resources, Rawls College of Business Administration and Whitacre College of Engineering

* 150 undergraduate degrees, 100 master’s degrees, 50 doctoral degrees, a law school and a medical school

* One of 81 institutions to achieve Tier One Carnegie Designation, putting Texas Tech University in the top tier of research institutiions

* Two multi-million dollar donations from major oil and gas companies to the Whitacre College of Engineering

* Major endowed chairs support new areas of research in solar and nuclear energies

* Groundbreaking research and clinical trials conducted at School of Medicine’s state-of-the-art cancer center

* Awarded National Research University Designation resulting in an additional $8 to $10 million in research funding annually

* The Wind Science and Engineering Research Center offers the world’s only multidisciplinary Ph.D. program in Wind Science and Engineering

Page 10: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

REAL ESTA

TE

TABLE OF

LUBBOCK’S GREATEST STRENGTH IS ITS EDUCATED, DIVERSE AND SKILLED WORKFORCE.

ENROLLMENT (FALL 2015)Lubbock Christian University 1,958South Plains College (Includes Levelland Campus) 9,365Texas Tech Health Sciences Center (Lubbock Campus) 3,316Texas Tech University 35,893Wayland Baptist University (Lubbock Campus) 3,777

COLLEGES AND UNIVERSITIES

THE LUBBOCK LABOR POOL

54,309

13,292

26.9%.

LABOR FORCE (LUBBOCK MSA) 154,152

Source: Texas Workforce Commission (December 2014), U.S. Census Bureau, Texas Higher Education Coordinating Board & Nielsen 2016 Estimate

Source: University Admissions Office’s & Texas Higher Education Coordinating Board

Total: 54,309

LUBBOCK CHRISTIAN UNIVERSITY

* Offers 55 undergraduate majors and more than 14 graduate degrees

* Recognized by U.S. News & World Report as a Top 20 Comprehensive College in the Western Region

SOUTH PLAINS COLLEGE

* Comprehensive, two-year community college

* Innovative, educational programs spanning the arts and sciences, technical education, continuing education and workforce development

WAYLAND BAPTIST UNIVERSITY

* Four 11-week terms per year

* Classes are scheduled in flexible formats including evening, weekend, online and hybrid instruction

REAL ESTA

TE

REESE TECHNOLOGY CENTER

* Former Air Force base repurposed into a center for research, technology, engineering, education and light manufacturing* Available office, flex, industrial and laboratory space with additional areas for development

* Park includes three runways with pad sites available for development in a secure environment – Includes: one 6,500 ft and two 10,500 ft runways

* Level II Data Center with OC-192 fiber optic network and fiber backbone

* Located in Foreign-Trade Zone 260

* Home to Texas Tech’s wind research facility established through partnerships with the U.S. Department of Energy, Sandia National Laboratories, Vestas & Group NIRE

LUBBOCK RAIL PORT* 526 acre tract of land

* Located five miles north of Lubbock Preston Smith International Airport

* Adjacent to I-27

* Rail service from BNSF Railway

* Rail expansion opportunities

North

HORIZONTAL SCALE: 1”= 500’

0 250 500

Utah Street

Molinos Anahuac (MACSA)

MonsantoR40

ACRES

AA8

ACRES

BB46

ACRES

Monsanto

Q39

ACRES

P40

ACRES

O22

ACRES

Y20

ACRES

L5

ACRES

United

Properties

H5

ACRES

E5

ACRES

C3 ACRES

D3 ACRES

F3

ACRES

G2

ACRES

J10

ACRES

I5

ACRES

K5

ACRES

M6

ACRES

N7

ACRES

Insurance Street

Interstate 27

Ash

Aven

ue

LOT 1

Ash

Av

en

ue

Fir A

ve

nu

e

MolinosAnahuac(MACSA)

Storm Water

Retention

Storm Water

Retention

United Properties

Future Roads

Storm Water Retention

Lot 1 (Water Storage Tank Area)

Lift Station

Existing Rail

T20

ACRES

S20

ACRES

V20

ACRES

U20

ACRES

F.M. Highway 1294

W22

ACRES

X25

ACRES

College Students Currently Enrolled in Higher Education Institutions in Lubbock Area

College Graduation Class of 2014-2015

Area Residents Age 25+ That Have a Bachelor’s Degree or Higher

Page 11: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

INTRO

DU

CTIO

N

17 Minutes

11th

6.2%

30.6

$47,643

Source: 2016 Nielsen Estimate, U.S. Census Bureau 2014 Population Estimate

Average Commute Time

Largest City in Texas

Projected Growth Through 2021

Median Age

Median Household Income

THE TRANSPORTATION INFRASTRUCTURE THAT CONVERGES IN LUBBOCK ESTABLISHES IT AS A “HUB CITY.”

A LOOK AT LUBBOCK

CITY OF LUBBOCK QUICK FACTS

AIRLUBBOCK PRESTON SMITH INTERNATIONAL AIRPORT (LBB) * Ability to get commuters to Austin or Dallas within one hour* U.S. Customs International Port of Entry with a resident U.S. Customs Port Director* Oversize and heavy lift air cargo operations* Two Fixed Base Operators located on-site along with an aircraft repair service

AIRLINES

American Eagle AirlinesSouthwest AirlinesUnited Airlines

NON-STOP FLIGHTS TO:

AustinDallasDenver

ROADHIGHWAY

* Located between two major east-west interstates: I–20 and I–40

* Transportation infrastructure is quick and accessible

* Major locations in the city can be accessed easily via Loop 289 or the Marsha Sharp Freeway

TRUCK FREIGHT

* 26 truck freight carriers * Inter- and intra-state services * Regional warehousing and distribution

Albuquerque 319 milesAmarillo 124 milesAustin 373 milesDallas 345 milesEl Paso 344 miles

Fort Worth 314 milesHouston 520 milesNew Orleans 851 milesOklahoma City 348 milesPhoenix 738 miles

5 hrs1 hrs 47min5 hrs 51min5 hrs 7min5 hrs 38min

4 hrs 37min 8 hrs 4min12 hrs 13min 5 hrs 17min 11 hrs 8min

NEARBY CITIES

LUBBOCK IS THE PLACE TO GROW YOUR BUSINESS.

HoustonLas VegasPhoenix

Page 12: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

TABLE OF

MEXICO

Los Angeles

Seattle

Salt Lake CityChicago

Denver

LubbockDallas

HoustonAustin

THE LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE (LEDA) IS YOUR RESOURCE FOR SUCCESS.

OF A 26−COUNTY REGION

STRONG & DIVERSE ECONOMY

REGIONALPOPULATION

639,921

LUBBOCK, TEXAS THE “HUB CITY”

MSAPOPULATION

312,354

Source: 2016 Nielsen Report MSA (Lubbock, Lynn, Crosby)

TRAN

SPORTA

TION

REGIONAL ACCESSIBILITY

40

20

1035

45

10

4025

44

30

27

49

87 84

114

82

Albuquerque Amarillo

El Paso

New Orleans

Oklahoma City

San AntonioChihuahua

MEXICO

Monterrey

Phoenix

Austin

Ft. Worth

Lubbock

Dallas

Houston

RAIL LINESWith service provided by multiple shortline railroads and BNSF Railway, Lubbock is connected to markets throughout the United States and Canada.

RAILBNSF RAILWAY

LUBBOCK SHORTLINES:PLAINSMAN SWITCHING COMPANY

* Located in downtown Lubbock where it interchanges with the BNSF Railroad and the Union Pacific Railroad

* Currently building a transload facility to serve customers that do not have rail access on-site

WEST TEXAS & LUBBOCK RAILWAY

* Operate 107 miles of railroad on two lines extending from Lubbock to Seagraves and Whiteface, Texas

* Connections to the BNSF Railroad and the Union Pacific Railroad in Lubbock

GREYHOUND

* For long distance travel

BUS SERVICECITIBUS

* Public transportation service

* Fixed routes to all major retail, medical, educational and employment areas

Page 13: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

LUBBOCK BUSINESS PARK

TABLE OF

Page 14: LUBBOCK ECONOMIC DEVELOPMENT ALLIANCE FOR MORE … · lubbock economic development alliance lubbock, texas 800.687.5330 • 806.749.4500 for more information, visit lubbockeda.org

DEPARTMENT OF PUBLIC SAFETY

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O’REILLY AUTO PARTS

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LUMMUS CORPORATION

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MONSANTO

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REPUBLIC NATIONAL DISTRIBUTING COMPANY

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STANDARD SALES

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VERIZON WIRELESS

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WESTX PACKAGING

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AVAILABLE LOT

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AVAILABLE LOT

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LUBBOCK RAIL PORT

TABLE OF

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LUBBOCK RAIL PORT

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MACSA

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MACSA

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TTU INNOVATION HUB AND RESEARCH PARK

TABLE OF

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TTU INNOVATION HUB AND RESEARCH PARK

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TTU INNOVATION HUB AND RESEARCH PARK

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CITY OF LUBBOCK

TABLE OF

INTRO

DU

CTIO

N

17 Minutes

11th

6.2%

30.6

$47,643

Source: 2016 Nielsen Estimate, U.S. Census Bureau 2014 Population Estimate

Average Commute Time

Largest City in Texas

Projected Growth Through 2021

Median Age

Median Household Income

THE TRANSPORTATION INFRASTRUCTURE THAT CONVERGES IN LUBBOCK ESTABLISHES IT AS A “HUB CITY.”

A LOOK AT LUBBOCK

CITY OF LUBBOCK QUICK FACTS

AIRLUBBOCK PRESTON SMITH INTERNATIONAL AIRPORT (LBB) * Ability to get commuters to Austin or Dallas within one hour* U.S. Customs International Port of Entry with a resident U.S. Customs Port Director* Oversize and heavy lift air cargo operations* Two Fixed Base Operators located on-site along with an aircraft repair service

AIRLINES

American Eagle AirlinesSouthwest AirlinesUnited Airlines

NON-STOP FLIGHTS TO:

AustinDallasDenver

ROADHIGHWAY

* Located between two major east-west interstates: I–20 and I–40

* Transportation infrastructure is quick and accessible

* Major locations in the city can be accessed easily via Loop 289 or the Marsha Sharp Freeway

TRUCK FREIGHT

* 26 truck freight carriers * Inter- and intra-state services * Regional warehousing and distribution

Albuquerque 319 milesAmarillo 124 milesAustin 373 milesDallas 345 milesEl Paso 344 miles

Fort Worth 314 milesHouston 520 milesNew Orleans 851 milesOklahoma City 348 milesPhoenix 738 miles

5 hrs1 hrs 47min5 hrs 51min5 hrs 7min5 hrs 38min

4 hrs 37min 8 hrs 4min12 hrs 13min 5 hrs 17min 11 hrs 8min

NEARBY CITIES

LUBBOCK IS THE PLACE TO GROW YOUR BUSINESS.

HoustonLas VegasPhoenix

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LUBBOCK BUSINESS PARK

TABLE OF

TO MEET THE DEMANDS AND NEEDS OF NATIONAL AND INTERNATIONAL COMPANIES LOOKING TO EXPAND OR RELOCATE, WE’VE INVESTED IN INFRASTRUCTURE.

LUBBOCK BUSINESS PARKThe Lubbock Business Park is a perfect location for growing or expanding businesses.

* 586 acre tract of land

* Adjacent to Interstate 27 (I-27)

* Located one mile south of Lubbock Preston Smith International Airport

* 10 shovel-ready lots are now available for new construction

* $22 million+ invested by LEDA

TTU Innovation Hub and Research Park* Texas Tech is creating a major center for innovation and entrepreneurialism with the opening of the first

building of the TTU Innovation Hub and Research Park.* The 40,000-square-foot facility, the first of six facilities, serves as a resource for faculty, students and

community members launching new ventures, as well as corporate research endeavors.* The research facility houses both traditional laboratories and computer visualization facilities.

Individuals, groups or businesses can lease space in the facility to conduct research, making it separate from the rest of the Texas Tech campus.

WO

RKFORC

E

WORKFORCE DEVELOPMENT RESOURCES

BYRON MARTIN ADVANCED TECHNOLOGY CENTER* 106,000-square-foot facility

* Offers customized training and technical programs

* State-of-the-art computerized testing and training services

COMMUNITY WORKFORCE PARTNERSHIP* Cooperative program that meets the training, education and information needs

of local and regional businesses

* South Plains Center for Productivity & Innovation – serves as a training resource for eligible incumbent workers and as a training and mentoring resource for eligible entrepreneurs

* Skills Development Fund Grants

WORKFORCE SOLUTIONS SOUTH PLAINS* Job Fairs and Employee Recruitment Assistance

* Job Training Programs

* Veteran’s Program

* Collaboration with local and regional partners

* 11 colleges including Agricultural Sciences & Natural Resources, Rawls College of Business Administration and Whitacre College of Engineering

* 150 undergraduate degrees, 100 master’s degrees, 50 doctoral degrees, a law school and a medical school

* One of 81 institutions to achieve Tier One Carnegie Designation, putting Texas Tech University in the top tier of research institutiions

* Two multi-million dollar donations from major oil and gas companies to the Whitacre College of Engineering

* Major endowed chairs support new areas of research in solar and nuclear energies

* Groundbreaking research and clinical trials conducted at School of Medicine’s state-of-the-art cancer center

* Awarded National Research University Designation resulting in an additional $8 to $10 million in research funding annually

* The Wind Science and Engineering Research Center offers the world’s only multidisciplinary Ph.D. program in Wind Science and Engineering

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LUBBOCK RAIL PORT

TABLE OF

LUBBOCK’S GREATEST STRENGTH IS ITS EDUCATED, DIVERSE AND SKILLED WORKFORCE.

ENROLLMENT (FALL 2015)Lubbock Christian University 1,958South Plains College (Includes Levelland Campus) 9,365Texas Tech Health Sciences Center (Lubbock Campus) 3,316Texas Tech University 35,893Wayland Baptist University (Lubbock Campus) 3,777

COLLEGES AND UNIVERSITIES

THE LUBBOCK LABOR POOL

54,309

13,292

26.9%.

LABOR FORCE (LUBBOCK MSA) 154,152

Source: Texas Workforce Commission (December 2014), U.S. Census Bureau, Texas Higher Education Coordinating Board & Nielsen 2016 Estimate

Source: University Admissions Office’s & Texas Higher Education Coordinating Board

Total: 54,309

LUBBOCK CHRISTIAN UNIVERSITY

* Offers 55 undergraduate majors and more than 14 graduate degrees

* Recognized by U.S. News & World Report as a Top 20 Comprehensive College in the Western Region

SOUTH PLAINS COLLEGE

* Comprehensive, two-year community college

* Innovative, educational programs spanning the arts and sciences, technical education, continuing education and workforce development

WAYLAND BAPTIST UNIVERSITY

* Four 11-week terms per year

* Classes are scheduled in flexible formats including evening, weekend, online and hybrid instruction

REAL ESTA

TE

REESE TECHNOLOGY CENTER

* Former Air Force base repurposed into a center for research, technology, engineering, education and light manufacturing* Available office, flex, industrial and laboratory space with additional areas for development

* Park includes three runways with pad sites available for development in a secure environment – Includes: one 6,500 ft and two 10,500 ft runways

* Level II Data Center with OC-192 fiber optic network and fiber backbone

* Located in Foreign-Trade Zone 260

* Home to Texas Tech’s wind research facility established through partnerships with the U.S. Department of Energy, Sandia National Laboratories, Vestas & Group NIRE

LUBBOCK RAIL PORT* 526 acre tract of land

* Located five miles north of Lubbock Preston Smith International Airport

* Adjacent to I-27

* Rail service from BNSF Railway

* Rail expansion opportunities

North

HORIZONTAL SCALE: 1”= 500’

0 250 500

Utah Street

Molinos Anahuac (MACSA)

MonsantoR40

ACRES

AA8

ACRES

BB46

ACRES

Monsanto

Q39

ACRES

P40

ACRES

O22

ACRES

Y20

ACRES

L5

ACRES

United

Properties

H5

ACRES

E5

ACRES

C3 ACRES

D3 ACRES

F3

ACRES

G2

ACRES

J10

ACRES

I5

ACRES

K5

ACRES

M6

ACRES

N7

ACRES

Insurance Street

Interstate 27

Ash

Aven

ue

LOT 1

Ash

Av

en

ue

Fir A

ve

nu

e

MolinosAnahuac(MACSA)

Storm Water

Retention

Storm Water

Retention

United Properties

Future Roads

Storm Water Retention

Lot 1 (Water Storage Tank Area)

Lift Station

Existing Rail

T20

ACRES

S20

ACRES

V20

ACRES

U20

ACRES

F.M. Highway 1294

W22

ACRES

X25

ACRES

College Students Currently Enrolled in Higher Education Institutions in Lubbock Area

College Graduation Class of 2014-2015

Area Residents Age 25+ That Have a Bachelor’s Degree or Higher

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MEXICO

Los Angeles

Seattle

Salt Lake CityChicago

Denver

LubbockDallas

HoustonAustin

RAIL LINES

TABLE OF