Fulshear officials are looking to adjust the city’s economic development plan to adapt to its growth and evolving market conditions.
The setup
At an Oct. 20 meeting, Fulshear City Council approved a contract with consulting firm TIP Strategies to update the city’s economic development strategic plan for the first time since 2019.
“This update will help us evaluate where we are today, identify new opportunities and establish clear, data-driven priorities to guide our economic development efforts moving forward,” Director of Economic Development Annel Guadalupe said.
The action taken
Through the contract, TIP Strategies will review existing policies, data and other information including:
Additionally, the firm will meet with city staff and regional stakeholders as well as the public to assist in developing strategies to implement, according to agenda documents.
The cost
The City of Fulshear Development Corporation and the Fulshear Development Corporation will each provide $50,000 for the updates, Guadalupe said.
Next steps
TIP Strategies will begin updating the plan "immediately" following council’s approval, per agenda documents. Updating the plan is expected to take five to six months.
