economic news

By Glynis Crawford Smith

The Highlander

Reports have been steady that things have been promising on the economic front in Marble Falls this year and the long-awaited downtown hotel/conference center seems to back on track.

“By just about every economic measurement, Marble Falls had a banner year in 2017,” said Christian Fletcher, executive director of the Marble Falls Economic Development Corporation in an end-of-year report posted online this last week.

In addition he said Thursday, Dec. 28, that the city's hotel/conference team has executed a term sheet with the operator.

By Glynis Crawford Smith

The Highlander

At least three of the new commercial construction projects underway around Marble Falls are taking shape—the Pedernales Electric Cooperative (PEC) Northwest Operations Center, the new Bealls store and Chick-fil-A.

PEC held a ceremonial groundbreaking March 7, 2016 for the Co-op’s Northwest Operations Center at 4302 US 281, across the highway from Resource Parkway in Marble Falls. The center, expected to open Summer 2017, was conceived after an extensive facilities study and research into growth trends throughout PEC’s service territory.

The $15 million project includes an 18,000-square-foot, two-story building in a total 27,000-square-foot facility. The central architectural feature, a massive arched roof has been taking shape at the hands of steel workers.