Located at the intersection of IH-20, which connects the Dallas/Fort Worth corridor to El Paso, and US-285, which connects the Trans Pecos region to New Mexico, Pecos has emerged as a regional retail and services hub.
Rail needs are served by the Union Pacific main line and the Pecos Valley Southern short line, and Pecos Municipal Airport is available for transport needs as well.
Pecos is focused on continuing to diversify and expand its economic base.
Following are just a few exciting areas of growth:
- National hotel franchises currently represented are Holiday Inn Express, Hampton Inn, La Quinta, Comfort Suites, Microtel and Best Western. Cobblestone Inn and Fairfield by Marriott are under construction, and two existing hotels are expanding. In total, more than $15 million in new capital investment and more than 50 jobs will be created. Hotel occupancy tax collections are projected to continue to increase to $2 million annually at the completion of the new hotels.
A 2 percent venue tax is providing the funding base to renovate the Reeves County Rodeo Grounds, “Home of the World’s First Rodeo,” and it funded the newly completed expansion of Reeves County Convention Center.
Several mixed-use developments will include retail spaces, restaurants, business and personal services, and loft housing.
- Sul Ross State University has opened a Small Business Development Center in Pecos, located inside the PEDC office.
- Other emerging economic clusters include education, oil/gas and regional entertainment venues.
In addition, Pecos is strategically located in the heart of the Delaware Basin of the Permian Basin, providing a central location for companies developing there.