About Molly

Image Molly Alexander

Molly believes that community is built from the ground up, serves people, and makes our spaces both livable and lovable.

Short Bio

For over three decades, Molly Alexander has enjoyed a successful career focused on downtown revitalization and economic development, including enterprises in both the public and private sectors.  For the past 20 years Molly worked for the Downtown Austin Alliance as the Executive Vice President of Economic Development and most recently as the Executive Director of the Downtown Austin Alliance Foundation helping to shepherd a new era of downtown revitalization in Austin, Texas.

In 2022, Molly created ITP Consulting working with clients and communities to stimulate economic development, retail revitalization and placemaking. In addition to her consulting firm, she owns and operates two award-winning retail establishments in downtown Elgin, TX – The Owl Wine Bar & Home Goods Store and G&M DRY GOODS. In her spare time she serves on numerous boards including Frontier Bank of Texas, the Elgin Economic Development Corporation, the Historic Review Board of Elgin and was recently appointed to the Texas Downtown Association Board of Directors.

Molly received her bachelor’s degree in urban studies and history from Trinity University. Along with founding her own start-up companies, she was the Director of the Georgetown, TX Chamber of Commerce, Director of the Georgetown, TX Convention & Visitors Bureau, Economic and Community Development Director for the City of Elgin, TX, and President of the Historic Preservation League of Dallas, TX.

Selected Work

Executive Director, Downtown Austin Alliance Foundation
(2018 – 2022)
Created a new not-for-profit 501(c)(3) organization to support and implement the new downtown Austin Vision (2018). At its core the Foundation was created to bring new leadership, diversity, and funding to implement transformative projects for downtown. Managed a staff of 4 as well as downtown operations, maintenance and security contracts, and fiscal management of budgets exceeding $7M.

Executive Vice President, Economic Development, Downtown Austin Alliance
(2015 – 2018)
Led the organization’s Economic Development efforts, overseeing research, economic development, mobility and downtown transportation programs for the organization. Managed a staff of 7-9 that created and implemented multiple new opportunities for the organization.

Associate Director, Downtown Austin Alliance
(2003 – 2015)
Led the organization’s special projects, strategic planning, retail recruitment, economic development and marketing efforts.