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The Galveston County Daily News: Business

December 1, 2015


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Crews begin work on 203-unit luxury development on Clear Creek

Hammer time: Crews have begun work on a 203-unit luxury multifamily complex called Newport on Marina Bend on the northeast corner of Interstate 45 and FM 518 in League City. The work portends a much larger development. Atticus Real Estate is developing the complex, which is meant to be part of a mixed-use project that would include retail, offices, a 100-slip marina, townhouses with water views, restaurants and a boutique hotel.

  • icon Posted: November 26

Latest Headlines

Thursday 11/26/2015
Early bird shoppers, technology reshape biggest shopping weekend
Posted: November 26, 2015

Black Friday, while still important to retailers, is no longer the frenetic launch of the holiday shopping season, industry observers say.

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Thursday 11/19/2015
Is Hitchcock's Blimp Base entering a new era?
Posted: November 19, 2015

Hitchcock's business community sees jobs and industrial growth in a foreign trade zone designation

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Center for Marine Training and Safety off Teichman Road gets upgrades
Posted: November 19, 2015

Multi-million dollar improvements at Center for Marine Training and Safety funded by the Texas A&M Engineering Extension Service.

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Thursday 11/12/2015
McCoy's rumored to be searching for new island site
Posted: November 12, 2015

Real McCoy: Nailing down details hasn’t been easy, but city officials confirm McCoy’s Building Supply is looking for a new island site. Officials with San Marcos-based McCoy’s said plans for a new island store are very preliminary and speculative. In fact it’s so early, McCoy’s hasn’t identified any island sites, Tim Rogers, marketing and advertising manager for the company, said.But city officials say the company has expressed an interest in moving to a part of the Galveston Housing Authority property that once was the site of Oleander Homes, a public housing community damaged by Hurricane Ike in 2008. McCoy’s is interested in the land facing 51st Street, a block off Broadway and just south of The Salvation Army, 601 51st St.

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Island real estate sales slowed by oil slump
Updated: November 12, 2015 - 3:59 pm

After several years of strong sales, the island’s real estate market has been slowed by a slump in oil prices and a weak stock market.

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Memorial Hermann buys 13 acres in League City
Posted: November 12, 2015

Another major health care system has plans to develop a large medical facility in League City. 

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Thursday 11/05/2015
60-acre residential, retail development planned for League City
Posted: November 05, 2015

A major residential and retail development is planned for League City while a long-awaited Indian cuisine restaurant prepares to finally open on the island. Read that and more in Biz Buzz.

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A&A signs agreement with TimkenSteel for supply of high-pressure tubing
Posted: November 05, 2015

A longtime La Marque company has formed an alliance and plans to catch up with European competitors in an underserved part of the plastics industry.  

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American National reports 3rd quarter net income
Posted: November 05, 2015

American National Insurance Co. (Nasdaq: ANAT) this week announced third quarter 2015 net income of $42.01 million or $1.56 per diluted share compared with net income of $66.93 million or $2.49 per diluted share for the same period a year ago.

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