FUJIFILM Diosynth to expand in College Station

As a part of a capital investment of approximately $120 million in the gene therapy field by FUJIFILM Corporation, an investment of approximately $55 million will be made to establish a new Gene Therapy Innovation Center adjacent to FDB’s existing state-of-the-art cGMP gene therapy manufacturing facility in College Station.

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Forbes: College Station No. 2 in U.S. for business, careers

College Station ranks No. 2 nationally and No. 1 in Texas on Forbes’ 2019 list of the Best Small Places for Business and Careers.

Forbes also has College Station as the 13th best in the nation for the cost of doing business and No. 22 for job growth. College Station was No. 1 in Texas for education.

The Best Small Places for Business and Careers (Forbes)

 

 

Podcast: College Station eco-devo 101

We hear it all the time: “Hey, College Station, how come you don’t bring a [fill in the blank] to town?” The other side of that is, “Hey, bozos, why do you keep bringing more [fill in the blank] to our city?”

In this podcast, Economic Development Director Natalie Ruiz and Public Communications Director Jay Socol explore those questions, as well as some things about Post Oak Mall you may not know. Read more

Economic index: Numbers for Bryan-College Station defy recession worries

The Bryan-College Station economy continues to grow despite national fears of an economic slowdown, according to a local index that measures a number of indicators and factors.

At 2.7%, the local unemployment rate reached an all-time low for the second consecutive month, according to the College Station-Bryan Business-Cycle Index, which is released monthly by the Private Enterprise Research Center (PERC) at Texas A&M. The index also shared data on the local health care industry.

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Bryan-College Station jobless rate falls to record low 2.8%

The unemployment rate in the Bryan-College Station metro area has reached an all-time low at 2.8%, according to a locally produced index that measures a number of economic factors and indicators.

The College Station-Bryan Business-Cycle Index, which is released monthly by the Private Enterprise Research Center at Texas A&M, grew by 0.47% between April and May, a robust annualized rate of 5.8%. The index has a lag time of about two months.

The monthly report also shared data suggesting that the B-CS metro area has a lower percentage of residents 65 or older than any other large metropolitan area in the state.

Read the Full Story: Bryan-College Station jobless rate falls to record low 2.8% 

Annual Inside BCS event offers crash course on local topics

The Chamber of Commerce’s annual Inside BCS all-day event Wednesday gave community members and local business leaders a chance to learn more about K-12 education, higher education, local and county government, economic development, health care, communication and criminal justice in the area.

Brazos Valley Economic Development Corporation President and CEO Matt Prochaska noted during the economic development discussion that a Belgium company called the triangle “magic.”

With a $22.6 billion gross market value in 2017 — and the 2018 numbers still to come — and a historic low unemployment rate of 2.8%, he said, the area is being included in benchmarks with Houston, Dallas, Austin and San Antonio like never before, attracting national and international attention.

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Annual Inside BCS event offers crash course on local topics

 

College Station No. 3 U.S. city for career opportunities

SmartAsset has ranked College Station No. 3 city in its fifth annual study of the best cities in the United States for career opportunities. College Station is the only Texas city in the top 15.  Read more

College Station rated as the No. 3 U.S. city for working parents

SmartAsset.com ranks College station as the No. 3 city in America for working parents. Here’s what it had to say:

After missing out on last year’s top 10, College Station, Texas once again ranks as a great place for working parents. For one, unemployment in the city is relatively low at 2.70%. Getting to work is also easy, given an average commute time of about 16 minutes. That’s the 20th-shortest commute time in the study. College Station ranks among the safest in the study with a violent crime rate that ranks in the top 25% of all cities. Childcare costs are low and rank in the top 12% of cities.

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The Top 10 Cities for Working Parents in 2019

1 Million Cups community celebrates first year

Brazos Valley entrepreneurs are spending one morning a week exchanging ideas as part of a national program designed to improve business ecosystems.

On February 20, 2019, the College Station “community”of 1 Million Cups celebrated its first year of gatherings. Each Wednesday at 8:15AM, Startup Aggieland’s offices in Texas A&M University’s Research Park play host to a presentation, Q&A, networking and coffee.

1 Million Cups community celebrates first year (Brazos Valley Economic Development Corporation)

 

College Station’s average rent fell by 1.7 percent in last year, the fifth biggest drop in the U.S.

RENTCafe‘s Apartment Market Report for January shows that the average rent in College Station declined by 1.7 percent since January 2018, the fifth largest drop in the country. The number was the second biggest decline among small cities.

Nationally, the average rent rose by 3.3 percent in the last year.

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The National Average Rent Stagnated in January