Midland Development Corporation approves funding agreement for highway project

The Midland Development Corporation recently approved a funding agreement with TxDot for a highway safety improvement project.

The project will construct main lanes and interchanges at the intersection of Loop 250 and County Road 1150 to convert non-freeways to freeway.

The Midland Development Corporation will contribute $2 million dollars to TxDot to help with the completion of the project.

MDC approves agreement to fund Loop 250 overpass

A major step toward completion of Loop 250 was taken Monday at the Midland Development Corp. monthly board meeting.

The board voted 4-0 to execute an advanced funding agreement with the Texas Department of Transportation. Board member Gary Douglas was absent.

The MDC will contribute $2 million toward the construction of a curvilinear overpass at county roads 1150 and 60. The local participation in the project is expected to accelerate the project significantly.

Space radar in full operation in the Basin

Midland is going out of this world with an operating space radar in the Basin. It's a new addition to the City of Midland's space industry. They call it The Midland Space Radar.

"When you're working with a pen and paper to design something like this, it's easy to forget how difficult it is to make it happen in real life," said LeoLabs Co-Founder & Chief Technical Officer, Michael Nicolls.

MDC, city praised for cooperation on radar facility

What started several years ago as a prototype made of PVC pipe and chicken wire has become reality, thanks to a bit of help from the Midland Development Corp. and the city of Midland.

A small ribbon-cutting ceremony was held Tuesday at the MDC offices to officially celebrate the completion of LeoLabs’ Midland Space Radar, located on city-owned property in Winkler County known as the T-Bar Ranch.

The radar is the first in the worldwide network LeoLabs is looking to build to map space debris hurtling around in low Earth orbit.

Council approves $5 million MDC deal with UTPB

The University of Texas of the Permian Basin will get $5 million from the Midland Development Corp. to help fill out the third floor of its yet-to-be-constructed engineering building at its Midland campus.

President David Watts was on hand as the Midland City Council unanimously approved the deal that will help build out classrooms, laboratories and associated facilities for the home of the school’s future chemical and electrical engineering departments.

Midland Memorial Hospital sees success in physician recruitment

MIDLAND, TX (KWES) - With the help of the Midland Development Corporation, Midland Memorial Hospital has been able to bring more physicians to Midland over the past two years.

The MDC and the hospital are currently in a five year agreement where the MDC reimburses the hospital for its expenses associated with physician recruitment in an amount up to $450,000 in 2017.

The financial support from MDC is helping the hospital in a big way.

Texas Adds 51,300 Jobs in January

AUSTIN ⎯ Texas employers expanded their payrolls in January with the addition of 51,300 seasonally adjusted nonfarm jobs. Texas’ seasonally adjusted unemployment rate remained unchanged at 4.8 percent.

MDC votes to help fund Loop 250, SH 349 projects

Completion of the east end of Loop 250 got one step closer to realization Monday after the Midland Development Corp. approved unanimously to aid the project. Plus, work on improving State Highway 349 became more likely.

The MDC will pledge $2 million for the completion of a curvilinear overpass at Loop 250 and county roads 1150 and 60, a complicated project slated to cost $21.5 million.

State of the Year: Texas

By Jack Rogers
From the January/February 2017 Issue

Texas has been named Business Facilities’ 2016 State of the Year. The Lone Star State joins Tennessee as one of only two states to win the magazine’s top honor three times since it was created in 2007. In addition to the 2016 award, Texas snared BF’s inaugural State of the Year honor in 2007; TX also won the top BF honor in 2012.

Letter to TxDOT: Overpass at Loop 250 North

Mr. John Speed
District Engineer
Texas Department of Transportation 3901 East U.S. Highway 80 Odessa, Texas 79761