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Bastrop EDC: New year, new economic development on the horizon

It’s an exciting time to be in Bastrop.

As 2017 gets going, new businesses and restaurants are opening their doors, projects are developing in our historic downtown and additional housing options are coming closer to fruition. At the Bastrop Economic Development Corporation, where I have served as executive director since April 2015, we’re hard at work to keep the momentum going.

So, what is the Bastrop Economic Development Corporation – or BEDC – exactly? Well, it was created in 1995 after residents OK’d a half-cent sales tax to be dedicated to fostering economic development. With that money, the BEDC identifies and addresses community development needs, offers incentives to local and new businesses expanding employment within our community, assists employers in finding sites and buildings, puts on trainings for small businesses and much more.

The BEDC is a 501(c)3 nonprofit corporation that’s governed by the Texas local government code, articles of incorporation and our established bylaws. A seven-member board of directors — which is appointed by the Bastrop City Council — sets policy, votes on prospective development deals, and hires the executive director to lead the day-to-day operations of the organization, who in turn hires the staff.

So why should you, as a resident, care about the BEDC? To put it simply: We’re here for you. Each day we strive to improve the quality of life of Bastropians by bringing in good-paying jobs, attracting new businesses and providing training and resources for the workers and local businesses that make our community great.

Developers across all residential and commercial sectors are expressing high interest in Bastrop and several new retail developments are in the predevelopment phase. As we continue to work toward offering additional housing options, single-family lots are progressing in Pecan Park, and numerous other single-family developments will potentially have available lots late this year or early next. Additional plans for market-rate, multi-family housing are working their way through the city’s permitting process to hopefully welcome new residents in 2018. Read the full article at Statesman.com