Recognizing February 22, 2017, as Texas BOMA Advocacy Day.
The resolution highlights the economic significance of the commercial real estate industry in Texas, which supports over 109,000 jobs and contributes more than $13.8 billion to the state economy. This recognition serves to promote the industry and its standards, reflecting the importance of responsible building practices as advocated by BOMA's members. The resolution also emphasizes BOMA's efforts in sustainability and energy efficiency, aligning with broader environmental goals.
SR258 is a Senate Resolution recognizing February 22, 2017, as Texas Building Owners and Managers Association (BOMA) Advocacy Day. The bill celebrates the contributions of BOMA to the commercial real estate sector in Texas and acknowledges the presence of its members in Austin to advocate for their profession. Established in 1937, BOMA represents approximately 2,500 members across various cities including Austin, Corpus Christi, Dallas, and others, constituting a significant part of the state's economy.
While the resolution serves primarily as a recognition of BOMA and its members, it underscores ongoing discussions in the state regarding the role of real estate and construction in sustainable development. It may also bring attention to any existing contention surrounding legislative measures that affect commercial real estate practices in Texas, including regulations on energy use and environmental impact.
Notably, BOMA's recognition of environmental initiatives has garnered accolades from national organizations, including multiple ENERGY STAR awards from the U.S. Environmental Protection Agency. This commitment to sustainability indicates an ongoing effort within the commercial real estate industry to adapt to environmental standards while promoting economic growth.