COLLEGE STATION, Texas – The Texas A&M University System Board of Regents approved today, Sept. 3, the creation of the new South Texas Economic Development Center as the hub for assessing and analyzing the area’s economic impact.
“A&M-Corpus Christi is proud to be in the position to help our community leaders assess the economic impact from oil and gas production and the expected influx from aerospace companies for unmanned flight testing among other projects of impact,” said Dr. Flavius Killebrew, President and CEO of Texas A&M-Corpus Christi. “Through the center, we can examine both the opportunities and challenges that come with rapid economic growth.”
The center, (stedc.tamucc.edu) housed in the College of Business at the Michael and Karen O’Connor Building, will focus on supporting and advancing sustainable economic and community development throughout South Texas and the Coastal Bend region.
Dr. Jim Lee, Regents Professor of Economics, will lead the center as the director of research.
“The South Texas Economic Development Center will provide timely economic reports and studies that will be valuable to decision makers in South Texas,” College of Business Dean John Gamble said. “Understanding the economic conditions of our region is essential in crafting the strategic direction of businesses, the community, and the region. The reports and programs that will be offered by the South Texas Economic Development Center will benefit those who live and work in South Texas.”
The University currently coordinates several studies, forecasts, analysis and reports tracking the area’s economy, including the Economic Pulse newsletter, monthly snapshots of the Corpus Christi economy and the Aqua Book, which reviews business conditions each year.
With the center, these services will expand and be offered to community stakeholders, including governments, economic development groups and businesses.
The center will also offer training, research and data analysis, and coordinate the University’s research on economic and business development.
Another focus of the center will be assisting in the development and expansion of academic programs needed to support and sustain new economic development.
The center has received $100,000 in funding already, and plans for community projects to bring in $50,000 over the next five years.
Additional funding is also expected from donors, regional public partners, client consulting fees, and research grants.
Regents Approved Tenured Positions
The Texas A&M University System Board of Regents approved the granting of tenure to three A&M-Corpus Christi faculty.
COLLEGE OF EDUCATION
Dr. Steven M. Brown, Professor of Educational Leadership
Dr. Heather E. Webb, Associate Professor of Kinesiology
COLLEGE OF LIBERAL ARTS
Richard Gere, Professor of Art