Hitchcock, TX (October 2022) – The Hitchcock Economic Development Corporation (HEDC) announces the purchase of land which will be developed into new commercial opportunities, including both retail and restaurant space, for the city. Financing was provided by Government Capital Corporation, Southlake, Texas.
“The Hitchcock EDC is appreciative of Government Capital in assisting in the city’s downtown redevelopment efforts,” commented Tyler Robert, Executive Director, Hitchcock EDC. “Our hope is this project becomes a positive example for downtown redevelopment and small business growth for small communities similar to Hitchcock.”
“I would like to congratulate Tyler Robert and the Hitchcock EDC on this important acquisition,” stated Jana Jay, Municipal Finance Specialist, Government Capital Corporation. “It is an honor to assist economic development entities in meeting their goals and objectives.”
About Hitchcock Economic Development Corporation
The Hitchcock Economic Development Corporation’s mission is to create a positive business environment, expand development opportunities and support local businesses, while promoting community involvement for the City of Hitchcock. With over 200 businesses in the City of Hitchcock, it is important to the Hitchcock EDC to understand, support, and enhance the existing business in the city. To learn more visit www.hitchcockedc.com
About Government Capital Corporation
Government Capital Corporation is a leading public finance firm providing professional financial services to all local governmental entities. Since its founding in 1992, the company has successfully completed thousands of municipal financings exceeding $5 billion in Texas and across the country. For more information, visit www.govcap.com