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<br />Business Development News e <br /> <br />e <br /> <br />Page I of 5 <br /> <br />. <br /> <br />Joerns, John <br /> <br />From: Barbara Cutsinger [barbara@bayareahouston.com] <br />Sent: Tuesday, January 27, 2004 7:05 PM <br />Subject: Bay Area Houston Business Development Update <br /> <br /> <br />A pUblication of Bay Area Houston Economic Partnership <br />www.bavareahouston.com <br /> <br />In this Edition... <br />A Vision for NASA <br />New City Member <br />Commercial! Office DevelQpment <br />Retail DeveloQment <br />Residential Deve!QQment <br />Infrastructure News <br />Food for Thought <br /> <br />. <br /> <br />A Vision for NASA <br /> <br />President George W. Bush outlined a vision for NASA that brought cheers to the aerospace and <br />bioastronautics industries that surround NASA Johnson Space Center. <br /> <br />That expertise is in place in our region to develop and operate the new Crew Exploration Vehicle, <br />therefore, NASA Johnson Space Center is the logical choice. Bay Area Houston is home to 52 NASA JSC <br />contractors and the aerospace industry cluster is 16 times the national average. <br /> <br />We predict that the President's new vision will have a significant economic impact, not only in Bay Area <br />Houston, but in the state of Texas as well. <br />New City Member <br /> <br />~ <br /> <br />We are pleased to announce the City of La Porte has joined our partnership. At the bottom of this <br />newsletter is a convenient link to all our cities -- Houston (SE), Friendswood, Kemah, La Porte, League <br />City, Nassau Bay, Pasadena, Seabrook, and Webster. <br /> <br />Commercial I Office Development <br /> <br />· Plans have been announced for The Heart Hospital at Clear Lake Regional Medical Center in <br />Webster, a new $90 million, 200,000 sf expansion project that will employ 450 people and increase <br />patient beds to 471. Located on a site across from the main tower, the new addition will be <br />connected by a glass pedestrian skyway. The hospital is an Accredited Chest Pain Center, the <br />second in Texas and fourth in the nation. <br /> <br />. <br /> <br />· Groundbreaking: American National Insurance Company is not only constructing but will occupy a <br />new 52,800 sf service and processing center at South Shore Harbor in League City. A 5-story, <br /> <br />1/28/2004 <br />