TOMBALL, TX: IDEAL ENVIRONMENT FOR HEALTHCARE INVESTMENT
Advantageously located only 30 minutes from Houston, Tomball, TX establishes itself as a premier destination for medical investment. Thanks to foresight and commitment from key stakeholders, the opportunity for growth in Tomball is attractive to many companies in the healthcare industry.
Tomball’s growing population drives a need for expanded healthcare. The population there is projected to grow from around 12,000 to more than 20,000 by 2030. The population within 10 miles is likely to surpass 650,000 by next year. A critical need for healthcare coupled with a skilled, robust workforce make Tomball an ideal place for medical investments.
The Tomball Economic Development Corporation (TEDC) collaborated to create a partnership between education and healthcare institutions that prepares a local healthcare workforce. Tomball Independent School District’s (TISD) Pathways in Technology Early College High School (P-TECH) is a unique collaboration between HCA Houston Healthcare Tomball (HCA Tomball), TISD, and Lone Star College-Tomball (LSC-Tomball).
This innovative program allows rising ninth graders to pursue a pathway in healthcare that blends high school and the first two years of college for a more rapid ascent into healthcare jobs. Students enrolled in the P-TECH program work toward a community college associate degree while gaining hands-on work experience. The work-based learning allows students to obtain industry-based certifications. By placing an emphasis on developing healthcare workers, Tomball is ripe for healthcare and medical device investment.
Several existing healthcare institutions provide premium care and are recognized for excellence. Award-winning HCA Tomball features a 350-bed hospital with a Level III trauma care emergency room on 150 acres in the heart of Tomball. The HCA complex also includes a Women’s Center, Orthopedics Center, Heart and Vascular Center, and Texas Sports Medicine Center. HCA Tomball creates thousands of direct and indirect jobs associated with the hospital and adjacent medical facilities.
A few miles down Tomball Parkway, Houston Methodist Willowbrook Hospital’s 358-bed facility serves residents. The hospital employs more than 2,000 people, has approximately 1,000 affiliated doctors, and admits nearly 20,000 patients annually.
Tomball, TX is among the metro areas and cities recognized for attracting and retaining businesses from numerous industry sectors in the 2023 Metro Rankings Report. Read more…
Tomball’s connectivity is part of what makes it such an attractive location for business investment. Tomball features easy roadway access through the expanded Tomball Parkway and newly developed Grand Parkway. Road extensions within Tomball, such as Medical Complex Drive, create easier traversing within city limits.
Various incentives are available for Tomball investments. The TEDC provides financial assistance to qualified expanding, new, or relocating companies with cash grants for projects that create or retain jobs. Additionally, the TEDC assists with infrastructure expenditures, such as streets and roads; sewer, gas, and electric utilities; and site improvements.
The City of Tomball utilizes a tax abatement program to stimulate economic growth. Reviewed on a case-by-case basis, the City’s abatements can be for up to 100% for up to 10 years.
Population growth, abundant and qualified workforce, and strong business environment are among many reasons Tomball is ideal for healthcare and medical device investment.
Visit tomballtxedc.org/ for more information.