Economic Development Corporation (Type B)

The Tom Bean Economic Development Corporation, Type B, meets at at 6:30 PM on the second Thursday of each month at the Tom Bean City Hall.

Mission Statement:

To encourage and promote economic growth and viability in the area of Tom Bean to afford opportunities for the residents, enhance their lives and experience and increase their value of living.

Latest News:

New Signs Welcome Visitors on Highway 11

Welcome Sign at the entrance to the City of Tom Bean

Thanks to the Tom Bean Economic Development Corporation (EDC Type B), drivers entering the City of Tom Bean on Highway 11 from the east and west will see brand new welcome signs. The new signs are mounted with brick and stone masonry and read: “Welcome to Tom Bean, Texas: A Touch of Heaven on Highway 11.” The old signs were due for replacement as they had become weather-worn. Tillett Construction did the installation.

Tom Bean Type B Economic Development Corporation Funds New Park

The Tom Bean Type B Economic Development Corporation announces the purchase of land for a new park for the City of Tom Bean. The land is located at 206 Bonham St. and was purchased from the First Baptist Church in Tom Bean. Closing was today at Red River Title in Anna. We have worked on this project for quite some time, and planning for a new park for all in Tom Bean to enjoy will be underway soon.

New Tom Bean Directional Signs

Tom Bean directional sign

Look out for the new Tom Bean directional sign that was installed off HWY 11 and Britton St. The project was funded by The Tom Bean Economic Development Corporation, Type B. The sign will make the city more accessible and inviting to all, directing the public, especially visitors from HWY 11, to the community’s downtown amenities as well as our schools.

Land Available for Commercial Development

Seeking Commercial Development The City of Tom Bean is seeking commercial developers for a 3-acre parcel on East Highway 11.  This available land is owned by the City and sits on a major thoroughfare near Sherman, Texas. This land is ideal for retail, manufacturing, office, or medical. Interested parties – please contact City Hall.