FOR IMMEDIATE RELEASE
Converse EDC Releases First Economic Data Snapshot
January 30, 2020 (CONVERSE, TX) The City of Converse Economic Development Corporation (Converse EDC) shares the first-ever report card on the community’s current economic growth. Most communities, regions, and states track industry-standard data of capital investment, job growth and creation, and new and/or renovated square feet each year. With Converse growing so quickly, it was time to move forward and illustrate the commercial investments within the City. The data collected includes new developments as well as investments and growth by existing companies in Converse.
The City of Converse Economic Stats for 2019:
Capital Investment: $26.4 Million
New Square Footage: 176,943; Renovated Square Footage: 244,711
New Jobs: 195; Retained Jobs: 30
With the release of these strong economic numbers, EDC Board President Rosa Gary, shared “As the President of the Board and a resident, I’m proud to share these amazing results that validate the value of Converse as a key player in new investment and commercial growth.”
Converse is growing via thousands of new homes and an annexation process to increase to 22 square miles with a projected population of 100,000 by the mid-2030’s. The Converse EDC actively promotes the business opportunities that this level of growth creates. The community is an untapped market for retail, restaurant, hospitality, and commercial developments.
Find out more on Converse’s growth at www.ChooseConverse.com
Jimsi Kuborn, Executive Director
City of Converse Economic Development Corporation
Jkuborn@converseedc.com PH # 210.659.9163