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The Katy Area Economic Development Council, Inc. is ready for a slight change of scenery within Katy. Katy Area EDC has signed a new lease with the Brazos Valley Schools Credit Union (BVSCU), and will be relocating to a new 3,000-sq. ft. suite in the BVSCU building located at 438 FM 1463 in Katy.

Katy Area EDC will share the building with the BVSCU Credit Union, which has occupied space in the building since 1990. Katy Area EDC expects to launch operations in the new facility in April 2012.

“Katy Area EDC is extremely fortunate that the relocation of the BVSCU headquarters administration team to their new office building on Katy Mills Parkway has resulted in this space becoming available,” says Katy Area EDC President and CEO Lance LaCour. “We are particularly pleased to be able to pursue this opportunity with Brazos Valley, a valued Katy Area EDC member firm that has been an important part of the Katy Community for more than 56 years. Let me thank our EDC Facilities Task Force — Stan Stanley, Chair, Woody Mann, Jr., Ken Courville, and Joel Marshall — for their work on this project.

“Since our founding in 2003, Katy Area EDC has conducted operations from leased offices in the Katy ISD Administration building, and since its completion in 2005, in the Leonard Merrell Center, a venture of the City of Katy, the Katy Development Authority, and KISD,” he says.

“Katy Area EDC appreciates the support KISD provides and enjoys a strong and mutually productive relationship with Katy ISD, which will continue,” says Joe Simmons, president and CEO of BVSCU. “The credit union is glad to host Katy Area EDC, an organization with many characteristics similar to Brazos Valley. Both organizations are not-for-profit, established and perpetuated to serve the Katy community and the employees of Katy ISD. The partnership will be a good match.”

The move, literally just across the parking lot, will facilitate a badly needed expansion of Katy Area office space and administrative support functions, and will also facilitate establishment of an office for Technology Incubator West Houston, a 501 c(3) small business incubator founded by Katy Area EDC , the Houston Technology Center, and a group of Katy area business executives.

Founded in 2003, the Katy Area EDC’s mission is to establish the Katy area as the premier location for families and businesses through planned economic growth and economic development. Since its inception, the Katy Area EDC has grown to 150 members and assisted in the creation of more than 8,900 jobs and more than $1.05 billion in capital investment.

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