City of Andrews welcomes new businesses
Crude prices continue to rise and the benefits that come with it are affecting several cities across the Permian Basin. Investors in the city of Andrews are now taking advantage.
A sign that sits off Main Street offers a glimpse into the future for Andrews, it says: “Coming Soon the Shops of Andrews.”
“Any type of retail in Andrews is a plus for us because being a rural community it’s a little bit of a struggle in order to bring anything into our community,” Interim Economic Development Director Hope Reese said.
It’s no secret that the oil and gas industry is the backbone of the West Texas economy, and given the recent downturn in the economy Reese believes things are now starting to look up.
“Whenever it’s a calmer time in that area it helps to bring more people at a lower cost, and then be ready for when the boom comes back because it always does,” Reese said.
A new shopping center and the clean slate of a new year are inspiring investors to open up several eateries in town including Cici’s Pizza, Orange Leaf Yogurt, and Jack N Jill Donuts.
“I think because jobs are being created and people are coming back to work, and the oil prices have gone up it helps people to spend more money,” Reese said.
At the same time, Reese notes, Andrew’s sales tax revenue has increased by 25 percent since December 2015. The community couldn’t be happier with the new business additions.
The development has been in the works for months and is now expected to open by late spring 2017.