Midland Development Corporation
Executive OfficesTexas, United States11-50 Employees
The Midland Development Corporation (MDC) is an economic development organization located at 200 North Loraine Street, Suite 610, Midland, Texas, United States, and maintains a website at https://midlandtxedc.com. Created in January 2002, MDC offers incentives to qualified new and existing employers that create jobs in the community, with funding associated to a local sales tax increase approved by voters to promote economic development and diversification. The organization is governed by a five-member board appointed by the Midland City Council. MDC's mission is to promote and advance opportunities that diversify and strengthen the Midland economy. It maintains a small staff of 11-50 employees and has pursued initiatives including the West Texas Aerospace Corridor Master Plan and partnerships with organizations such as Starfighters Space, Cinergy Entertainment Group, MITRE, and Midland ISD.