As the year draws to a close, GSMP prepares to end this record year with a bang
If you’ve been familiar with this column, you know that the Greater San Marcos Partnership (GSMP) exists to facilitate the creation of new, well-paying jobs here in Hays and Caldwell counties – and you probably know it was a record. shattering year according to all metrics.
With a record 13 announcements and more than $ 38 billion of potential pipeline of capital investments already secured, we are now in the last month of our 2021 fiscal year. This year has seen twice as many announcements as any other. year before and is almost fair for the past three years combined. The potential capital pipeline is also nearly six times that of our previous all-time high ($ 6.6 billion, which was also set in fiscal 2020) and nineteen times that of any previous record.
These numbers are incredible for our region, and we anticipate a strong final push ahead of our fiscal year end on September 30th.
In the past few weeks alone, GSMP has helped find two large employers who will now be relocating to this region. The first, S. Watts Group, is a commercial construction company that chose to set up its first satellite office in San Marcos. What is remarkable about this place is that this company chose San Marcos without any incentive, financial or otherwise. The company cited well-established relationships, a friendly and pro-business attitude in the region and a cultural atmosphere that matches both the needs of the company and our region.
Likewise, another new business that has been secured through GSMP’s economic development work is Cooperative Laundry, a high-tech commercial laundry that serves the needs of industrial-scale hotel laundry services.
The company will be located next to Amazon’s new 1 million square foot distribution center (another victory for GSMP in this past fiscal year). The cooperative laundry site is expected to be open and operational by spring 2022. In addition to good wages for workers, health care benefits will be available on the first day for employees at the San Marcos facility, families. being eligible after 30 days.
These two announcements, as well as the 11 other announcements made during this exercise, are not the result of chance or chance. Led by our region’s consensus and community plan (known as Vision 2025), the GSMP has worked tirelessly to meet the needs of economic development in the Texas Innovation Corridor. We are determined and ready to end the year on a strong note with events such as our upcoming State of the Workforce and Education Summit, our retention and business expansion efforts such as than 1 million cups and our Business Booster series, and of course, our ongoing business attraction efforts.
All of this work has led to a stronger business community, more economic opportunities through new, better paying jobs and a better quality of life for the citizens of our region. We are seeing an incredible response from these efforts so far, and with our final month of exercise, we are up for the challenge of finishing strong and raising the bar even higher for our next exercise.
If you have any questions about our work in economic development or how we market the region to relocating and expanding businesses, I’m always open to questions. Drop me a note at [email protected] or hit me up on Twitter at @JasonGiulietti.