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REGIONAL ECONOMIC DEVELOPMENT GUIDE

DALLASCHAMBER.ORG

SPRING 2020

2021

D A L L A S - F O R T W O R T H R E A L E S TAT E R E V I E W / 1


2 / D A L L A S - F O R T W O R T H R E A L E S TAT E R E V I E W

SPRING 2020


Minutes from DFW Airport | Walkable Retail | Miles of Walking Trails | Light Rail Station Coming Soon

Amenity-Rich. Talent-Packed. Mixed-Use. Office Campuses. Many words can describe our properties, these are just a few of our favorites. Looking to relocate to the nation’s fastest growing market? Learn more at DFWOfficeRelocation.com

Minutes from Plano, Frisco & Grandscape | Walkable Retail | Miles of Trails | Abundance of Nature


A

TEXAS DESTINATION FOR


Keri Samford, Executive Director of Development 972.624.3127 • edc@thecolonytx.org www.TheColonyEDC.org


SPECIAL ADVERTISING SECTION

FALL IN LOVE WITH LANCASTER, THE SHINING STAR OF TEXAS! DALLAS LANCASTER

LANCASTER LOCATION

LESS THAN 15-MINUTES FROM DOWNTOWN DALLAS CONTACT SHANE SHEPARD DIRECTOR OF ECONOMIC DEVELOPMENT MSSHEPARD@ LANCASTER-TX.COM 211 N. HENRY ST. LANCASTER, TX 75146 WWW.LANCASTER-TX.COM

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Get more for your money in Lancaster, the Shining Star of Texas. Lancaster’s highly rated school system, ease of commute, scenic beauty, housing value and growing employment hub make the city of approximately 40,000 a great investment. Lancaster is a vibrant and growing community where the comfort and safety of friendly neighborhoods is only a few minutes from worldclass entertainment and activities in Downtown Dallas. Sitting squarely within the boundaries of three major freeways I-35E, I-45, and I-20, it is easy to access the entire DFW metropolitan area while maintaining a sense of community with a quaint town square where you can still see the stars flickering at night. Lancaster ISD has one of the best STEM programs in the State of Texas. Students have the opportunity to continue their education locally as they advance to a two-year degree at the Cedar Valley campus of Dallas College and/or an advanced degree at the University of North Texas at Dallas. Public transit services the community college, and rail is less than a quarter mile north of town to park and ride. Lancaster has the only southern sector airport in the region, and is twenty

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

minutes from Love Field and thirty-five minutes from the Dallas Fort Worth International Airport! Lancaster retains its small town charm. It is one of very few communities that provides a rural ambiance while being less than 15-minutes from Downtown Dallas. Lancaster has a clear sky where the sun shines in the day and the stars flicker crystal clear at night – a rarity in the region. Residents and visitors enjoy unique local restaurants, abundant park land and green space including two nature preserves, an indoor aquatic center and Country View Golf Course. Start a business or develop property in Lancaster. The city features highly sought-after land for industrial development with easy highway access and proximity to the Inland Port of Dallas. Lancaster more than doubled its supply of industrial/tech/distribution space in the last five years. New companies include autonomous trucking company Kodiak Robotics and the regional headquarters of DSV Logistics, a new million square foot facility including 250 new office jobs. Take a deep breath of fresh air away from the City as you go fishing or stroll along the many creeks and trails and still be close enough to enjoy easy access to good jobs and all the metropolitan area has to offer in Lancaster.

2021


LANCASTER is a vibrant and growing community where residents enjoy the comfort and safety of friendly neighborhoods only a few minutes from world-class entertainment and activities in Downtown Dallas. Sitting squarely within the boundaries of three major freeways I-35, I-45, and I-20, the city is in close proximity to DFW while maintaining a quaint community where you can still see the stars flickering at night.

LANCASTER The Shining Star of Texas

Lancaster is recognized as an All-America City, Scenic City, Tree City USA, & Playful City USA, offering a variety of natural beauty and amenities that create a great place to live, learn, work, and play.

Regional Airport Recreation Center

2021

ess n i s u B r o ~F

Country View Golf Course Full-Service Senior Life Center

~ www.Lancaster-Tx.com

Municipal Parks and Hike & Bike Trails 15 Square Miles of Undeveloped Land Visitor Center and State Auxiliary Museum Near Cedar Valley College and UNT Dallas 2 Nature Preserves: Ten Mile Creek Preserve and Bear Creek Nature Park

Indoor Aquatics Facility with a 2 Story Water Slide & Lap Lanes Hometown Feel & Authentic Food, Art, & Entertainment Award-Winning Public School District 5th Consecutive School Year

msshepard@lancaster-tx.com 972-218-1300


DALLAS T H E U R B A N C O R E O F O N E O F T H E W O R L D’S M O S T DY N A M I C A N D D I V E R S E E C O N O M I E S

HOME TO THE 4TH LARGEST TECH WORKFORCE I N T H E U.S. & T H E L A R G E S T I N T E X A S connect with us DALLAS ECONOMIC DEVELOPMENT

Robin Bentley, Interim Director Office (214) 670-1685 ecodevinfo@dallascityhall.c o m w w w . d a l l a s e c o d e v. o r g


TEXAS BUSINESS IS BOOMING Texas means business. There are so many compelling reasons to consider bringing your business to Texas. Along with a competitive electric market and a skilled workforce, here are a few more reasons why our service territory should be on your short list:

21,700+ MW

of installed wind capacity in ERCOT region

139,000+

miles of transmission and distribution lines

$12.2 BILLION

capital commitment over 5 years

10 MILLION+

Texans depend on Oncor

100 YEARS

of Texas history and counting


A D A L L A S R E G I O N A L C H A M B E R P U B L I C AT I O N

REGIONAL ECONOMIC DEVELOPMENT GUIDE

REGIONAL ECONOMIC DEVELOPMENT GUIDE Exclusively Published for the Dallas Regional Chamber by D Magazine Partners

Publisher Quincy Curé Preston 214.523.5215 quincy.preston@dmagazine.com Creative Director Michael Samples Project Editor Sandra Engelland Senior Editor Alex Edwards Media Development Manager Lauren Hawkins Business Development Manager Steve Reeves 214.523.5259 steve.reeves@dmagazine.com Interns Michaela Markels Bella Pinera Alexa Vickaryous

Dallas-Fort Worth Economic Development Guide is published for The Dallas Regional Chamber by D Magazine Partners, 750 N. St. Paul St., Ste. 2100, Dallas, TX 75201; www.dallaschamberpublications. com, 214.523.0300. ©2021 All rights reserved. No part of this publication may be reproduced or reprinted without written permission. Neither the Dallas Regional Chamber nor D Magazine Partners is a sponsor of, or committed to, the views expressed in these articles. The publisher is not responsible for unsolicited contributions. For reprints and bulk copies, call 214.523.5215.

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2019


Our burns bright for Manufacturing and Industrial. Mesquite, Texas has more than 13 million square feet of industrial square footage with an additional near-million under construction. The City has a prime age labor force of 47,692 and over a million of the same within a 30-minute commute. With our local education partners, we are developing a pipeline of high-demand talent through leading edge career tech education and training programs. With its’ corporate municipal airport, 39 miles to Dallas Fort Worth International Airport, and five major highway systems, Mesquite offers excellent access to the larger region and vice versa. Things are hot in Mesquite - find out more at MesquiteEcoDev.com.


REGIONAL ECONOMIC DEVELOPMENT GUIDE

Contents 16  Dallas Regional Chamber

89 Industry

141  Costs & Incentives

Accolades . . . . . . . . . . . . . . . . . . . . . . . . 16

Industry Diversity. . . . . . . . . . . . . . . . . 90

Cost of Doing Business. . . . . . . . . . . . 142

Strategic Plan . . . . . . . . . . . . . . . . . . . . . 18

Advanced Services. . . . . . . . . . . . . . . . 92

Wages and Salaries . . . . . . . . . . . . . . 144

Top Investors. . . . . . . . . . . . . . . . . . . . . 20

Manufacturing. . . . . . . . . . . . . . . . . . . . 94

Utilities - Electricity. . . . . . . . . . . . . . . 146

Economic Development Services . . . 22

Financial Activities. . . . . . . . . . . . . . . . 96

DFW Marketing Team. . . . . . . . . . . . . . 24

High Tech. . . . . . . . . . . . . . . . . . . . . . . . 98

Utilities - Water, Sewer, Gas, and Telecommunications . . . . . . . . . 148

Economic Development Allies . . . . . . 26

Health Care. . . . . . . . . . . . . . . . . . . . . 100 Life Sciences. . . . . . . . . . . . . . . . . . . . 102

31 Connectivity

Aviation and Aerospace. . . . . . . . . . . 104

The Dallas-Fort Worth Location . . . . . 32

Hospitality. . . . . . . . . . . . . . . . . . . . . . 106

Access. . . . . . . . . . . . . . . . . . . . . . . . . . 34

Logistics. . . . . . . . . . . . . . . . . . . . . . . . 108

Dallas Fort Worth International Airport and Dallas Love Field . . . . . . . 36

Taxes and Union Activity. . . . . . . . . . 150 Real Estate - Office. . . . . . . . . . . . . . . . 152 Real Estate - Industrial. . . . . . . . . . . . . 154 Real Estate - Retail . . . . . . . . . . . . . . . . 156 Corporate Business Climate. . . . . . . . 158 Local, State and Federal Incentives. 160

111  Business & Economy

Opportunity Zones. . . . . . . . . . . . . . . 163

Transportation Infrastructure. . . . . . . 40

Major Companies and Headquarters. . . . . . . . . . . . . . . . . 112

165  Living & Lifestyle

Public Transit. . . . . . . . . . . . . . . . . . . . . 42

Top Employers. . . . . . . . . . . . . . . . . . . . 114

Cost of Living . . . . . . . . . . . . . . . . . . . 166

Regional Veloweb. . . . . . . . . . . . . . . . . 44

Fortune 1000. . . . . . . . . . . . . . . . . . . . . 116

Market Tapestry . . . . . . . . . . . . . . . . . 168

Mobility 2045 . . . . . . . . . . . . . . . . . . . . 46

Major Headquarter Relocations. . . . . 118

Housing Costs and Choices. . . . . . . . 170

High Tech Travel. . . . . . . . . . . . . . . . . . 48

Recent Expansions and Relocations . . . . . . . . . . . . . . . . . 120

Schools - Public Education. . . . . . . . . 176

Nonstop Flight Times. . . . . . . . . . . . . . 38

Digital Infrastructure . . . . . . . . . . . . . . 50

53 Talent Regional Population. . . . . . . . . . . . . . . 54 Demographics. . . . . . . . . . . . . . . . . . . . 56 Migration Patterns . . . . . . . . . . . . . . . . 58 Labor Supply. . . . . . . . . . . . . . . . . . . . . 62 Commuting Patterns . . . . . . . . . . . . . . 64 Drive Times . . . . . . . . . . . . . . . . . . . . . . 66 Worker Place of Residence. . . . . . . . . 68

Small Business . . . . . . . . . . . . . . . . . . . 122 International Companies. . . . . . . . . . . 124 Foreign Direct Investment. . . . . . . . . . 126 Global Trade . . . . . . . . . . . . . . . . . . . . . 128

131 Innovation The Innovation Ecosystem. . . . . . . . . 132

Schools - Private Education. . . . . . . . . 178 Arts, Culture, and Entertainment. . . 180 Parks and Recreation. . . . . . . . . . . . . . 182 Live-Work-Play. . . . . . . . . . . . . . . . . . . 184 Significant Projects . . . . . . . . . . . . . . 186 Future Projects . . . . . . . . . . . . . . . . . . . 188 Regional Map. . . . . . . . . . . . . . . . . . . . 190

Innovation Districts. . . . . . . . . . . . . . . 134 Centers of Excellence . . . . . . . . . . . . . 138

Skills Development. . . . . . . . . . . . . . . . 78 Higher Education Accolades . . . . . . . 80 Training, Colleges, and Universities. . 82

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


Hillwood – one of the leading independent real estate development firms in the U.S., U.K., and Europe – sees every new land acquisition, partnership, and community as an opportunity to build something transformative. ~ ‘High Point 67’ will soon transform Cedar Hill’s southern industrial area into a 180+ acre master-planned site within the future Loop-9 corridor, pairing prospective high-tech manufacturing with last-mile logistics hubs for global brands alike. ~ Cedar Hill’s years of planning and smart growth usher this partnership with expanded employment centers, new connections, and major thoroughfare upgrades, adding to our already bright future. ~ Learn more at www.cedarhilledc.com/highpoint67


DALLAS REGIONAL CHAMBER | WELCOME

Welcome

A letter from the Dallas Regional Chamber

Welcome to the Dallas Region! We’re glad you’re here. This guide tells the story of the Dallas Region’s remarkable economic strength and success and what makes this the best place in America Dale Petroskey to live, work, and do President and Chief Executive Officer business. Dallas Regional Chamber Although 2020 was a difficult year, our region has remained exceptionally resilient through the challenges and North Texas continues to be one of the most desirable places to be for those interested in launching a new business or relocating an existing operation. Even through COVID-19, our region continues to lead all other U.S. regions for net job growth. Over the past five years, the Dallas-Fort Worth metro area has led the country with over 300,000 new jobs created. Dallas-Fort Worth is now home to 26 Fortune 500 companies, including recently relocated Charles Schwab. Even more special is that this is the only U.S. market that boasts three companies among the top 10 on the Fortune 500 list (ExxonMobil, McKesson, and AT&T). No other market in the country has more than one – and we have three! We’re also quite literally in the middle of things – the Dallas Region has an enviable central location in the U.S. – serving as a major hub for rail, freight, air, and highway traffic. Our accessibility and business-friendly climate also make us one of the most productive regions in the country. We produce $1 million in goods and services every minute of every day. And as anyone who lives here knows first-hand, we offer a welcoming environment for all and a great quality of life in one of the most prosperous, dynamic, and affordable markets in the country. Our community has also evolved into a thriving, growing, diverse metropolitan area. This has not happened by accident. Aside from our convenient and accessible location, business and community leaders have united in a common mission, working steadily and strategically to make our city and our state a great place to live, work, and to do business. Texas also remains one of the few states that does not collect a state income tax, allowing

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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2021 CHAIR OF THE BOARD

individuals and companies to pursue their goals in a business friendly and reasonably regulated environment, and to grow a world-class workforce. The Dallas Regional Chamber is proud to serve as the voice of business and the champion for economic growth and development in this region. We are the single point of contact for companies, site-selection firms, and corporate real estate professionals who are considering moving here. We also understand that with growth comes the responsibility to make sure we have a workforce prepared for the jobs of tomorrow. So, we work hard every day to improve education at all levels to strengthen our talent pipeline of homegrown students and workers. We work to attract the best and brightest workers from around the world, while retaining the talent already studying and working here. From 2014 to 2018, DFW attracted more than 282,000 new residents between the ages of 18 and 34 with a bachelor’s degree or higher. We work hard to ensure they know about our great quality of life, the abundant opportunities for career advancement, and why it is a great place to live, work, and raise a family. A foundation of our success is our tireless work in public policy, which impacts everything we do. Specifically, we focus on ways to strategically manage our region’s growth by working to keep up with our need for more roads, new water resources, and more and better infrastructure. As our region continues to expand and prosper, we must keep our pro-business, pro-growth environment healthy, strong, and open for all. We are making strong and steady progress toward our goals, and the Dallas Region remains a shining example to the rest of the country for business opportunities, corporate relocations, economic prosperity, and job growth. Thank you for joining us on our quest as we continue our mission to make the Dallas Region the best place in the United States for all people to live, work, and do business.

Michelle Vopni Dallas Office Managing Partner Ernst & Young LLP President & CEO Dale Petroskey Chief Operating Officer & Chief Financial Officer Angela Farley Economic Development, Senior Vice President Mike Rosa Economic Development & Leadership Programs, Senior Vice President Sarah Carabias-Rush Research and Innovation, Senior Vice President Duane Dankesreiter Regional Marketing & Talent Attraction, Senior Vice President Jessica Heer Communications, Vice President Mike Trevino Education and Workforce, Senior Vice President Drexell Owusu Public Policy & Advocacy, Senior Vice President Matt Garcia Diversity, Equity, & Inclusion, Senior Vice President Jared Fitzpatrick Community Engagement, Senior Vice President Latosha Herron Bruff Membership and Revenue Growth, Senior Vice President Meghan Kelley Wehner Member Services, Senior Vice President Jennifer A. Schmiel

2021


@APImages

@alexandra.holmen

SEE YOURSELF IN FRISCO

Imagine living and working in Frisco, Texas. It’s 25 miles from two international airports and downtown Dallas, and eight professional/collegiate sports organizations call Frisco home. Imagine working with a highly-educated, robust talent pipeline, and sending your kids to one of the most sought-after public school systems in America. Can you see yourself in Frisco? You’ll fit right in.

Visit FriscoEDC.com to find out more.

Frisco Economic Development Corporation

972.292.5150 FriscoEDC.com


DALLAS REGIONAL CHAMBER | ACCOLADES

1 # 2

Accolades Dallas–Fort Worth is one of the top regions in the nation for business, thanks to low cost of living, a business-friendly environment, a strong base of well-educated and skilled employees, and robust access to both U.S. and international markets through its transportation network. Year after year, the region’s selling points are lauded by business experts at respected publications, including Bloomberg Businessweek, Forbes, Fortune, and Site Selection Magazine. Key metrics tracked by the Federal Reserve Bank of Dallas, which covers an area that includes Texas, northern Louisiana, and southern New Mexico, show the region to be among the strongest in the country. Dallas–Fort Worth is consistently ranked among the top places to work, the best places to live, and the best places for investment.

#

in the country for total job growth (322,200 jobs) in the country for percent job growth (9.3% growth)

5

December 2015 - December 2020

Dallas-Fort Worth created more jobs than New York, Los Angeles, and Chicago, metros with much larger populations.

#2

24

“Dallas is just such a great place for travel, for the resources in the community, the talent you can draw on...[prior to relocating we] offered every single person in our company a weekend trip, and we flew them [to Dallas] with their families…That was probably part of our success.”

Best State for Business Chief Executive Magazine

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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Fastest Growing Economies Forbes, 2019 Fortune 500 Companies (Charles Schwab and CBRE will join the list in 2021)

Brian S. Tyler Chief Executive Officer

“Dallas continues to be the bellwether of a true diversified market for real estate growth and sustainability. With its centralized national location, proximity to inland and port trade routes and the availability of land, North Texas remains the central focal point for employers and skilled workers to operate their businesses.”

16 Consecutive Years

3 3

Global 500 Companies Fortune, 2020

Chris Bone

Senior Managing Director, CBRE

FORTUNE 10 COMPANIES No other U.S. metro hosts more than one including SF and Seattle. NYC, LA, and Chicago host none. GLOBAL 25 COMPANIES Only Beijing has more; No other global metro hosts more than one.

2021


Scott McPherson Airports Council International

Top 30

Global Startup Ecosystem Rankings, 2020 Startup Genome

3

Top Esports Orgs in the world are located in DFW

Complexity Gaming Envy Gaming OpTic Gaming

CEO, Core-Mark

98.1

Top 100

List of the largest green power users within EPA’s Green Power Partnership Participant Rank 1. Google 2. Microsoft 3. Intel 21. City of Dallas (#2 city) 29. DFW International Airport (#1 airport) University of North Texas (#16 university)

Three Research 1 Universities

The DFW region adds

322 New Residents each day

43%

Natural Increase

57%

Net-migration

U.S. Census, 2018-2019

Carnegie Classification of Institutions of Higher Education R-1: Doctoral Universities

"With this transaction, we will capitalize on the unique opportunity to build a firm with the soul of a challenger and the resources of a large financial services institution that will be uniquely positioned to serve the investment, trading and wealth management needs of investors across every phase of their financial journeys,”

2021

Moody’s

Dallas

Best Airport, Size & Region

100.0

1

The cost of doing business is 2% lower in Dallas than the national average.

U.S. Average

#

“Dallas offers a better operating cost, lower taxes, and is a central location for what is now a nationwide business...Being closer to our customers and more central to our divisions will create cost and logistical efficiency for us.”

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2021 Milken Institute

178.0

1

Customer Service

2thinknow

San Francisco

#

#

156.0

Chief Executive Officer

Best Performing Cities - Dallas

2019 Most Innovative Cities in the World

New York

Steve Demetriou

#13 of 500

DALLAS REGIONAL CHAMBER  | ACCOLADES

“The industry needs a new type of company that focuses on innovation ... We want to bring new tools and approaches in how we look at smart cities with an aim to achieve a company that doesn’t exist today. We want to be a global innovator in our industry.”

Walt Bettinger President and CEO Charles Schwab

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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DALLAS REGIONAL CHAMBER | STRATEGIC PLAN

Strategic Priorities The DRC is deeply invested in strengthening the Dallas Region and its vibrant and diversified business community. Our strategic plan, called “Building Tomorrow Together,” is based on four core priorities: • Continuing to drive economic growth that allows us to recruit companies and talent. • Fostering collaboration between the business community, educational institutions, and workforce development organizations to meet industry needs. • Advocating for pro-business, pro-growth public policies to ensure the continued prosperity of our region while maintaining a high quality of life for all. • Addressing systemic racism head on and working every day in every way to build a more inclusive community. Together, with our hundreds of member companies and regional partners, our strategy is to serve as the preeminent voice of the business community and a bridge to the education and nonprofit community to drive growth, and an even better quality of life for all who call North Texas home and for those interested in coming here.

ATEGIC PRIORIT 2021-2023

C IC C IC C IC ENT ENT ENT ENT ENT ENT

Economic Development

Education & Workforce

Public Policy

The DRC will lead its regional and state allies to recruit companies and talent. We will focus on companies that pay living wages, lift underserved areas of our region, bring future technologies and innovation, and make our region a better place for all to live, work, and do business.

The success of the Dallas Region and Texas are closely tied to the quality of the workforce and talent pipeline – from early childhood through K-12 and higher education to a career. The DRC fosters collaboration between the business community, educational institutions, and workforce development organizations to meet industry needs.

As the voice of the business community in the Dallas Region, the DRC connects member companies with key stakeholders and elected officials at all levels to advocate for pro-business, progrowth policies that ensure the continued prosperity of our region while maintaining a high quality of life for all.

2021-2023

EDUCATION EDUCATION EDUCATION & WORKFORCE & & WORKFORCE WORKFORCE

QUALITY OF LIFE QUALITY QUALITY OF OF LIFE LIFE 18

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Diversity, Equity & Inclusion

As the voice of the business community in the Dallas Region, we strive every day to help make our community the best place in the United States for all people to live, work, and do business. We see systemic racism in its many forms and commit to address it head on. We are committed to work every day in every way to build a more inclusive community.

PUBLIC PUBLIC PUBLIC POLICY POLICY POLICY

DIVER DIVER DIVER & IN & & IN IN

FOR ALL PEOPLE FOR FOR ALL ALL PEOPLE PEOPLE 2021


Investing In Our Future The Tomorrow Fund provides the Dallas Regional Chamber with the necessary resources to drive economic development, improve education, and attract talent. It also supports our public policy advocacy efforts in Austin and Washington, D.C. on critical business priorities — including infrastructure, transportation, and water issues — to strategically manage our region’s growth. The Tomorrow Fund offers an accelerated investment opportunity for DRC member companies. Whereas annual membership dues fund our daily activities to support member companies, Tomorrow Fund investments are specifically targeted to implement our strategic goals. More than 185 DRC member companies invest in the Tomorrow Fund, allowing us to improve the long-term economic prosperity for our business community and enhanced quality of life for all who live and work in the Dallas Region.

Now is the perfect time to be in Mansfield

DENTON MEANS BUSINESS. #2 TOP BOOMTOWN IN AMERICA MORE THAN 800 ACRES FOR CORPORATE DEVELOPMENT LOCATED AT THE APEX OF THE DFW METROPLEX AMERICA’S LARGEST 100% ‘GREEN POWER’ CITY THREE UNIVERSITIES WITH MORE THAN 55,000 STUDENTS CLOSE TO DFW, DALLAS LOVE FIELD AND ALLIANCE AIRPORTS NATIONALLY RECOGNIZED HIGH TECH HOT SPOT

#1 STRONGEST ECONOMIC GROWTH FORECAST IN TEXAS

301 S. Main St. Mansfield, TX 76063 Main: 817-728-3650 medc@mansfield-texas.com www. mansfield-texas.com

DENTONEDP.COM | 401 N ELM STREET | 940.382.7151 | VP@DENTONEDP.COM

2021

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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DALLAS REGIONAL CHAMBER | TOP INVESTORS

Top Investors The Dallas Regional Chamber (DRC) recognizes the following companies and organizations for their membership investment at one of our top levels. Companies in bold print are represented on the DRC Board of Directors. For more information about the benefits of membership at these levels call (214) 746-6600.

1820 Productions

Bell Nunnally

Crowe LLP

Google

4Front Engineered Solutions

BGSF

CSRS

goPuff

7-Eleven, Inc.

Billingsley Company

CyrusOne

Granite Properties

A G Hill Partners LLC

BKD LLP

Dallas Baptist University

Grant Thornton LLP

ABC Home & Commercial Services

bkm Total Office of Texas

Dallas College

Green Brick Partners

Accenture

Blackmon Mooring & BMS CAT

Greenberg Traurig

BLNelson Group LLC

Dallas Cowboys Football Club Ltd.

Gulfstream Aerospace Corporation

Active Network

Blue Cross and Blue Shield of Texas

Dallas Mavericks Dallas Stars Hockey Club

Gupta & Associates Inc.

AECOM

Boeing

Dallas Summer Musicals

Hall Group

AJC – American Jewish Committee

BOKA Powell

Dal-Tile Corporation

Harness Dickey

AlixPartners LLP

Bombardier Aviation

De La Vega Development

Hawthorne Family Fund

Bottle Rocket

DECA Dental Group

Haynes and Boone, LLP

Brasfield & Gorrie

DeGolyer and MacNaughton

Heady Investments, Inc.

Brinker International, Inc.

Deloitte LLP

H-E-B/Central Market

Business Jet Center

DENSO Products and Services Americas, Inc.

Hill & Wilkinson General Contractors

DFW International Airport

Hill+Knowlton Strategies

Capital One Bank

DHD Films

Carrington, Coleman, Sloman & Blumenthal, L.L.P.

DLR Group | Staffelbach

Hillwood Development Company, LLC

E Smith Legacy Holdings

Acme Brick Company

Alkami Technology Allegiance Title Company Alston & Bird LLP Altair Global Amazon Amegy Bank of Texas American Airlines, Inc. American Heart Association, Dallas Division

BuzzBallz/Southern Champion

Cawley Partners

EarthX

American National Bank of Texas

CBRE Group, Inc.

Ebby Halliday Real Estate, Inc.

AMN Healthcare

CENTURY 21 Judge Fite Company

EMR Gold Recycling LLC

Andres Construction

Champion Partners

Ernst & Young LLP

Andrews Distributing Company of North Texas

Chickasaw Nation

Estrada Hinojosa & Company, Inc.

Aon Arcosa Armstrong Relocation Associa At Home AT&T Atmos Energy Corporation Audi of America, LLC

Children’s Health CHRO Partners Cicero Group Cisco Systems Citi City Electric Supply CitySquare Cleaver-Brooks Sales and Service

European Wax Center Exeter Finance Faegre Drinker FASTSIGNS - Northeast Dallas FedEx Office Fidelity Investments Financial Additions Flowserve Corporation

Hilti North America Hines Interests LP HKS Inc. HNTB Corporation Holdingham Group North America Holmes Murphy HOLT CAT Hoque Global Real Estate HPI Real Estate Services & Investments/Ross Tower HSBC Bank USA HUB International Insurance Services Hudson Peters Commercial

Fluor Corporation Headquarters

Hunt Consolidated, Inc./ Hunt Oil Company

Fox Sports Southwest

IBM Corporation

Freese and Nichols, Inc.

Iconic IT

Comprehensive Finance Inc

Frito-Lay North America

Independent Financial InfoVision Inc.

Baker Botts L.L.P.

Cook Children’s Health Care System

Frost Bank Frost Brown Todd LLC

Interceramic

Balfour Beatty

Copart

Furniture Marketing Group

International Leadership of Texas

Bank of America

Corgan

G6 Hospitality LLC

Intuit, Inc.

Bank of Texas

Corrigan Investments, Inc.

Gaedeke Group

Invesco Real Estate

Barnes & Thornburg

Cousins Properties

George W Bush Foundation

Invitation Homes

Baylor Scott & White Health

CP&Y, Inc.

Gibson Dunn & Crutcher LLP

Jackson Spalding

BBVA

CRIADO

Globe Life

Jackson Walker LLP

Bell Flight

Crow Holdings

Goldman Sachs & Co, LLC

Jacobs Engineering Group Inc.

Austin Industries AustinCSI AvreaFoster Axxess Baker & McKenzie, LLP

20

Business Wise, Inc.

Coca-Cola Southwest Beverages Colliers International Comerica Bank Commemorative Air Force

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2021


Norton Rose Fulbright

Silicon Valley Bank

The Fairmont Hotel

JE Dunn Construction

NTT DATA Inc.

Simmons Bank

The Kroger Co.

Jim Ross Law Group PC

Omni Dallas Hotel

Slalom

JLL

Omniplan, Inc.

Smoothie King

The University of Texas at Arlington

Jones Day

Omnitracs, LLC

Thompson & Knight LLP

JPMorgan Chase & Co.

Oncor

SMU - Southern Methodist University

Thompson Coburn

Katten Muchin Rosenman LLP

On-Target Supplies & Logistics Ltd

Southern Dock Products

Thomson Reuters

Southern Glazer’s Wine and Spirits

TIAA

KDC Real Estate Development & Investments

Options Clearing Corporation

Ketchum Public Relations

Origin Bank

Kilpatrick Townsend & Stockton LLP

ORIX Corporation USA

Kimberly-Clark Corporation Kimley-Horn and Associates Kintop Smith, PC Kirkland & Ellis

OYO Hotels and Homes Pacific Builders Pape-Dawson Parkland Foundation

KPMG LLP

Parkland Health and Hospital System

Kubota Tractor Corporation

Paycom

L.A. Fuess Partners Structural Engineers

Penske Motor Group

Lancaster Economic Development Corporation LaunchBio Inc. and BioLabs LLC Linebarger Goggan Blair & Sampson, LLP

Perkins and Will Perkins Coie LLP Pierpont Communication PlainsCapital Bank PNC

Link America, Inc.

Polsinelli

Littler Mendelson, P.C.

Premier Truck Group

Locke Lord LLP

Prime 45 Development LLC

Lockheed Martin

Prosperity Bancshares, Inc.

Lyco Holdings

PRSA Dallas - Public Relations Society of America

Lynn Pinker Cox & Hurst, LLP MAPP Mary Kay Inc. Match Group Matthews Southwest

PSA Management, Inc. PureFlow Inc. PwC Raising Cane’s

Southwest Airlines Southwest Office Systems, Inc. Spacee Inc.

T-Mobile Tom Thumb - Albertsons Town of Addison Toyota Motor North America

Spectra

Transworld Business Advisors Downtown Dallas

Spencer Fane LLP Stantec Starbucks Coffee Company State Farm Insurance Companies Steinhart Family Advised Fund Stinson Leonard Street

Trinity Groves, LLC Trinity Park Conservancy TruePoint Communications Truist Bank Turner Construction Company

Suffolk Construction

TXU Energy

Sumitomo Mitsui Banking Corporation SMBC

U.S. Bank Uber Technologies, Inc.

Sundt Construction

UBS Realty Investors LLC

T.D. Jakes Foundation

UMB Bank N. A.

Talent Suite Target Headquarters TD Ameritrade TDIndustries

UnitedHealthcare University of North Texas at Dallas University of North Texas System

Team One

University of Texas at Dallas

Teladoc

UPS

Tenet Healthcare Texans Can Academies

USAA

Texas A&M University

UT Southwestern Medical Center

Raytheon Company

Texas A&M University Commerce

RealCom Solutions

Texas Capital Bank

Vari

Regions Bank

Texas Central

Veritex Holdings

McGinnis Lochridge

Reimagine RedBird

Texas Health Aetna

McGlinchey Stafford

Reliant, an NRG Company

Texas Health Resources

Verizon Wireless South Central HQ

McGough Construction

Renfe of America LLC

Texas Instruments, Inc.

Volunteers of America Texas

McGuire, Craddock & Strother, PC

Rent-A-Center

Texas Mutual Insurance Company

Vox Global Walmart Stores, Inc.

Texas Scottish Rite Hospital for Children

Weaver

Mbroh Engineering, Inc McCarthy Building Companies, Inc.

McGuireWoods LLP McKesson McLarty Diversified Holdings Medical City Healthcare - HCA North Texas

RSM US LLP Ryan LLC Santander Consumer USA Scovell Family Foundation at The Dallas Foundation

Texas Woman’s University Texas Women’s Foundation

Vanir Construction Management

Weber Shandwick Weil, Gotshal & Manges LLP Wells Fargo

Scheef & Stone, LLP

The Beck Group

SCHMIDT & STACY Consulting Engineers, Inc.

The Boston Consulting Group The Brierley Group LLC

Sendero

The Broaddus Companies

Sewell Automotive Companies

The Commit Partnership

MV Transportation, Inc.

Shackelford, Bowen, McKinley & Norton LLP

The Craig + Kathryn Hall Foundation

NEC Corporation of America

Shearman & Sterling

The Crowther Group

Women’s Foodservice Forum

Nicholas Residential

Sheraton Dallas

The Dallas Morning News

Woods Capital

Northern Trust

Sidley Austin LLP

The Episcopal School of Dallas

Zillow

Methodist Health System MHBT, a Marsh & McLennan Agency LLC company Microsoft Corporation Munck Wilson Mandala LLP

2021

DALLAS REGIONAL CHAMBER  |  TOP INVESTORS

JBJ Management

West Monroe WFAA-TV Whitley Penn Willis Towers Watson Winstead PC Wipro Limited

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT SERVICES

Economic Development Services The Dallas Regional Chamber (DRC) is committed to promoting prosperity through sound public policy, focused economic development, education, and member engagement. The DRC’s economic development program works directly with companies, location consultants, and local and state allies to market the region and attract new and expanding corporations. We serve as a single point of contact for companies, site selection consultants, and corporate real estate executives examining the region.

Mike Rosa

Sarah Carabias-Rush

Kevin Shatley

Elizabeth Koestler

INFORMATION

COORDINATION

HOSTING

WELCOMING

n Detailed data, maps, information, and publications

n Distribution or completion of RFPs

n Itinerary, travel, and hospitality arrangements

n Information, publications and orientations for relocating employees

Senior Vice President 214-746-6735 mrosa@dallaschamber.org

Managing Director 214-746-6641 kshatley@dallaschamber.org

n Estimates of state and local incentives n Consultations and research support from our experienced team

22

Senior Vice President 214-746-6750 srush@dallaschamber.org

Gloria Salinas

Managing Director 214-746-6702 gsalinas@dallaschamber.org

Manager 214.746.6730 ekoestler@dallaschamber.org

n Connections with local cities, state, companies, and service providers n Itinerary recommendations to support an effective field visit

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

n Regional, city, state, service provider and expert presentations n Meetings with peer executives from local companies

n Executive welcome orientation, receptions, and meals with peers n Support to achieve local corporate social responsibility goals

2021


Research and Innovation The Dallas Regional Chamber maintains a robust and dynamic research and innovation program that is a recognized voice for the Dallas region’s business community.

Priorities n  Ensure that DRC leaders, the larger business community, and other decision makers have ready access to information resources that support economic development, public policy, education & workforce, talent attraction, diversity, equity & inclusion, and other strategic initiatives. n  Create research products that tell the “DFW Story,” including the breadth, quality, and successes of the DFW community, locally, nationally, and internationally.

GREENVILLE, TEXAS WANTS TO

LAND YOUR BUSINESS. GREENVILLE’S MAJORS FIELD AIRPORT

Greenville, Texas offers remarkable nationwide access via air, rail and truck — PLUS 1.3 million workers within 40 miles AND abundant low-cost land for development.

Economic Development

GreenvilleTXedc.com

WE GET IT. GreenvilleTXedc.com

7x6.625 land your business.indd 1

4/29/19 4:06 PM

n  Support the launch and growth of innovation activities by connecting entrepreneurs, innovators, researchers, and the business community.

Duane Dankesreiter

Senior Vice President 214-746-6772 ddankesreiter@dallaschamber.org

Eric Griffin

Grow Your Business in Duncanville!

Managing Director 214-746-6688 egriffin@dallaschamber.org

Mario Castaneda

Research Analyst 214-746-6616 mcastaneda@dallaschamber.org

Dave Moore

Staff Writer 214-746-6689 dmoore@dallaschamber.org

If you are looking for the ideal location to do business … look no further opportunities. Duncanville provides business owners and business professionals with the tools they need to succeed. When it comes to geographic and a mature infrastructure system ― no other community delivers like Duncanville. 

2021

Strategically located between I-20 and Hwy 67 Pro-business enviroment Rail access

Duncanville Community and Economic Development Corporation (DCEDC) 972.780.5090 DuncanvilleEDC.com

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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DALLAS REGIONAL CHAMBER | DFW MARKETING TEAM

DFW Marketing Team The DFW Marketing Team is an alliance of economic development organizations in the Dallas–Fort Worth area. Our team works with location consultants and corporate real estate executives who are examining the Dallas–Fort Worth region for business locations and expansion opportunities.

The DFW Marketing Team is committed to: n  Facilitating new business development in the Dallas–Fort Worth region n  Assisting with due diligence, research, qualified site identification, and contacts n  Coordinating a regional approach to economic development n  Providing network opportunities among economic development allies

We can connect you to a variety of urban, suburban, and rural opportunities, including: n Industrial/manufacturing

n  Mixed-use developments

n  Distribution facilities

n  Residential land

n  Corporate headquarters

n  Transit-oriented developments

n Retail

n  Tourism sites

n  Call centers

n  Airport properties

For more information about the DFW Marketing Team, please call Kevin Shatley at 214-746-6641 or visit www.DFWmarketingteam.com.

24

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2021


We go runway to runway in 8 minutes flat.

Joanna Hicks Rent the Runway Arlington Dream Fulfillment Center

Arlington. Global access in the heart of Texas. Coast to coast. Arlington’s central location and proximaty to Dallas - Fort Worth Airport provides access to it all. That’s one reason Rent the Runway chose us for their largest distribution center - so women everywhere could get their clothing faster. Discover all that Arlington can offer your business: www.arlingtontx.gov/business


DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES

Economic Development Allies The Dallas Regional Chamber proudly supports economic development in the 20-county Dallas-Fort Worth partnership region by maintaining relationships with more than 120 key local community allies.

ADDISON, TOWN OF Orlando Campos Director of Economic Development & Tourism (972) 450-7034 Wilson Kerr Economic Development Manager (972) 450-7080 ALEDO EDC Bill Funderburk City Administrator (817) 441-7016 ALLEN EDC Dan Bowman Executive Director & CEO (972) 727-0252 David Ellis Assistant Director (972) 727-0212 Tracey Cline Business Retention & Expansion Manager (972) 727-0251 Eileen Gonzales Marketing Director (972) 727-0228 ALVARADO, CITY OF Emile Moline Economic Development Director (817) 790-3351 ANNA, CITY OF Joey Grisham EDC Director (214) 831-5394 Taylor Lough Economic Development Manager (214) 831-5321 ARLINGTON, CITY OF Bruce Payne Economic Development Manager (817) 459-6114 Marcus Young Economic Development Specialist (817) 459-6117 Brittany Sotelo Economic Development Coordinator (817) 459-6155 ATHENS EDC Joan Ahlers EDC Director (903) 675-5131 AZLE, CITY OF Susie Hiles Assistant to the City Manager (817) 444-2541

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David Hawkins Director of Planning & Development (817) 444-7084 BALCH SPRINGS, CITY OF Chris Dyser Community Development Director (972) 286-4477 Effie Donaldson ED Admin. Services Manager (972) 286-4477 BEDFORD, CITY OF Audrey Thorne Economic Development Analyst (817) 952-2129 BENBROOK, CITY OF Cathy Morris BEDC & Marketing Director (817) 249-6090

COLLEYVILLE, CITY OF Mark Wood Assistant City Manager (817) 503-1117 COPPELL, CITY OF Mindi Hurley Director of Community Development (972) 304-3677 CORINTH EDC Jason Alexander Executive Director (940) 498-3295 CORSICANA, CITY OF Connie Standridge City Manager (903) 654-4803 John Boswell Economic Development Director (903) 654-4806

BRIDGEPORT, CITY OF

CRANDALL EDC

Leah Clark Executive Assistant (940) 683-3490

Casey Bingham Economic Development Director (972) 427-3771

BURLESON, CITY OF Alex Philips Economic Development Manager (817) 426-9613 CARROLLTON, CITY OF Robert Winningham Economic Development Director (972) 466-5741 Chris Szymczyk Economic Development Specialist (972) 466-5741 CEDAR HILL EDC Kim Buttrum Director of Economic Development (972) 291-5132 Andy Buffington Assistant Director (972) 291-5132 Louis Castillo Economic Development Specialist (972) 291-5132 CELINA EDC Alexis Jackson Executive Director (972) 382-3455 CLEBURNE EDF, INC. Jerry Cash Executive Vice President (817) 645-8644

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

DALLAS, CITY OF Robin Bentley Interim Director (214) 671-9942 David Schleg Business Development Manager (214) 671-9824 Samantha Taylor Business Development Coordinator (214) 671-9093 DALLAS/FORT WORTH INTERNATIONAL AIRPORT John Brookby Vice President of Commercial Development (972) 973-4660 DALLAS COUNTY Rick Loessberg Director of Planning & Development (214) 653-7601 DALLAS REGIONAL CHAMBER Mike Rosa Senior Vice President of Economic Development (214) 746-6735 Sarah Carabias-Rush Senior Vice President of Economic Development & Leadership Programs (214) 746-6750 Kevin Shatley Managing Director of Economic Development (214) 746-6641

Gloria Salinas Managing Director of Economic Development (214) 746-6600 Elizabeth Koestler Manager of Economic Development (214) 746-6730 Duane Dankesreiter Senior Vice President of Research & Innovation (214) 746-6772 Eric Griffin Managing Director of Research & Innovation (214) 746-6688 Mario Castaneda Economic Development Analyst (214) 746-6616 DECATUR EDC Kevin Holzbog Executive Director (940) 393-0350 DECATUR EDC Barbara Metcalf Executive Administrative Assistant (940) 393-0354 DENISON DEVELOPMENT ALLIANCE Tony Kaai President (903) 464-0883 William Myers Vice President (903) 464-0883 Loretta Rhoden Vice President of Operations (903) 464-0883 DENTON, CITY OF Jessica Rogers Director of Economic Development (940) 349-7531 Christina Davis Economic Development Specialist (940) 349-7730 DENTON COUNTY Michael Talley Director of Economic Development (940) 349-3010 DENTON ECONOMIC DEVELOPMENT PARTNERSHIP Cory Lacy Vice President of Economic Development (940) 382-7151 Kendall Carlson Economic Development Coordinator (940) 382-7151

DESOTO EDC Joe Newman CEO (972) 230-9611 DUNCANVILLE, CITY OF Jessica James Director of Economic Development (972) 780-4997 ENNIS, CITY OF Jim Wehmeier Director of Economic Development (972) 878-4748 EULESS, CITY OF Mike Collins Director of Planning & Economic Development (817) 685-1684 EVERMAN, CITY OF Michael Nicoletti Director of Economic Development (817) 293-0525 FAIRVIEW, TOWN OF Dave Quinn Interim Director (214) 775-0617 Shannon Craft Event & Marketing Specialist (972) 886-4227 FARMERS BRANCH, CITY OF John Land Deputy City Manager (972) 919-2512 Allison Cook Economic Development Manager (972) 919-2507 Stephanie Hall Economic Development Assistant (972) 919-2509 FARMERSVILLE, CITY OF Ben White City Manager & Public Works Director (972) 782-6151 Daphne Hamlin FEDC Administrator (972) 782-6151 FATE, CITY OF Justin Weiss Assistant City Manager (972) 771-4601 Suzy Lawrence Economic & Community Development Specialist (972) 771-4601

2021


JP Walton Interim Economic Development Director (972) 874-6045 FORNEY EDC Anthony Carson Interim Executive Director (972) 564-7317 Mary Wilson Administrative Assistant (972) 564-5808 FORT WORTH, CITY OF Robert Sturns Director of Economic Development (817) 392-2663 Brenda Hicks-Sorensen Assistant Director of Economic Development (817) 870-0154 FORT WORTH CHAMBER OF COMMERCE Brandom Gengelbach President & CEO (817) 336-2491 Chris Strayer Senior Vice President of Business Attraction, Retention & Expansion (817) 338-3305 Sara Thurber Vice President of Economic Development (817) 338-3392 Elise Black Economic Development Manager (817) 392-2608 FRISCO EDC Ron Patterson President (972) 292-5160 Harry Whalen Director of Business Development (972) 292-5156 John Bonnot Director of Economic Development (972) 292-5143 Stefanie Wagoner Director of Business Retention & Expansion (972) 292-5157 Jason Ford Vice President (972) 292-5158 Leigh Lyons Director of Marketing & Communications (972) 292-5155 GAINESVILLE EDC Audrey Schroyer Executive Director (940) 665-5241 Kacey Kerr Communication Specialist (940) 665-5241 GARLAND, CITY OF David Gwin Director of Economic Development (972) 205-2462

2021

Armando Gallardo Department Coordinator II (972) 205-3800 Ayako Schuster Business Development Manager (972) 205-3818

John Dickson Director of Business Development & Retention (903) 455-1197 Barbara Carter Executive Assistant (903) 455-1197

GARLAND CHAMBER OF COMMERCE

GUNTER, CITY OF

Diane Whitlock Economic Development Assistant (469) 326-7447 GRANBURY, CITY OF Chris Coffman City Manager (817) 573-1114 Sarah Tucker-Osborn Executive Assistant to the City Manager (817) 573-1114 GRANBURY CHAMBER OF COMMERCE Shea Hopkins Vice President of Economic Development (817) 573-1622 GRAND PRAIRIE, CITY OF Marty Wieder Director of Economic Development (972) 237-8081 Terry Jones Business Manager of Industrial Recruitment, Retention & Expansion (972) 237-8020 Rita Heep Business Manager (Redevelopment & Main Street) (972) 237-8000 Stewart McGregor Business Manager of Retail, Office & Hospitality (972) 237-8446 GRAPEVINE, CITY OF Bob Farley Economic Development Manager (817) 410-3108 Garin Giacomarro Business Retention Manager (817) 410-3382 GREATER IRVING-LAS COLINAS CHAMBER OF COMMERCE Diana Velazquez Vice President of Economic Development (214) 217-8470 Chris O’Brien Director of Economic Development (214) 217-8484 Don Williams Economic Development Consultant (214) 507-5091 GREENVILLE BOARD OF DEVELOPMENT Greg Sims President & CEO (903) 455-1197

Ben Rodriguez Director of Community and Economic Development (903)-433-5185 HALTOM CITY Rex Phelps Assistant City Manager (817) 222-7733 HASLET COMMUNITY AND EDC Thad Chambers Economic Development Director (817) 439-5931 HEB ECONOMIC DEVELOPMENT FOUNDATION Mary Frazior Director (817) 540-1053 HIGHLAND VILLAGE, CITY OF Autumn Aman Community Development (972) 899-5093 HURST, CITY OF Steve Bowden Executive Director of Economic Development (817) 788-7025 HUTCHINS EDC Guy Brown (972) 225-4449 JOHNSON COUNTY ECONOMIC DEVELOPMENT COMMISSION Diana Miller Executive Director (817) 556-6985 JUSTIN EDC Cori Reaume City Manager (940) 648-2541 KAUFMAN EDC Anne Glasscock Executive Director (972) 932-3118 KEENE, CITY OF William Guinn City Administrator (817) 641-3336 Molly Martin Director of Economic Development (817) 641-3336 KELLER, CITY OF Mark Hafner City Manager (817) 743-4020 Mary Meier Economic Development Coordinator (817) 743-4021

KENNEDALE EDC George Campbell Executive Director (817) 985-2102 LANCASTER, CITY OF Shane Shepard Director of Economic Development (972) 218-1314 Karl Stundins Research & Business Development Manager (972) 218-1303 LAVON EDC Kay Wright President (469) 867-9258 Pamela Mundo Executive Director (214) 773-0966 Micki Hollien Administrative Assistant (818) 640-4602

Dave Quinn Economic Development Director (214) 775-0617 MESQUITE, CITY OF Lexie Woodward Economic Development Manager (972) 216-6446 Wayne Larson Director of Communications & Marketing (972) 329-8319 MIDLOTHIAN ECONOMIC DEVELOPMENT Kyle Kinateder President & CEO (972) 723-3800 MINERAL WELLS, CITY OF David Hawes Executive Director (940) 328-7700

LEWISVILLE, CITY OF

MURPHY, CITY OF

Jason Moore Economic Development Manager (972) 219-3482

Jared Mayfield Director of Economic & Community Development (972) 468-4006

LITTLE ELM EDC

NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS

Jennette Espinosa Executive Director (903) 217-2740 MANSFIELD EDC Richard Nevins Director, Economic Development (817) 728-3652 Natalie Phelps Economic Development Representative (817) 728-3654 MCKINNEY EDC Peter Tokar President & CEO (972) 562-5430 Danny Chavez Senior Vice President (972) 547-7659 Abby Liu Executive Vice President (972) 547-7688 John Valencia Director of Business Retention, Expansion & Emerging Tech (972) 562-5430 Geneva Aragon Director of Marketing & Research (972) 547-1082 Madison Clark Business Development Specialist (972) 547-1083 Michael DePaola Technology & Infrastructure Specialist (972) 547-1084 MELISSA, CITY OF Jason Little City Manager (972) 838-2338

DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES

FLOWER MOUND, TOWN OF

Lucille Johnson Assistant to the Executive Director (817) 695-9103 NORTHEAST TARRANT CHAMBER OF COMMERCE Jack Bradshaw President & CEO (817) 281-9376 NORTHLAKE, TOWN OF Drew Corn Town Administrator (940) 242-5701 NORTHLAKE, TOWN OF Nathan Reddin Development Director (940) 242-5703 NORTH RICHLAND HILLS, CITY OF Craig Hulse Director of Economic Development (817) 427-6091 Elizabeth Copeland Economic Development Assistant (817) 427-6093 Jennifer Stephens Economic Development Specialist (817) 427-6092 OAK POINT EDC Steven Ashley City Manager (972) 294-2312 ONCOR ELECTRIC DELIVERY COMPANY LLC Mike Cain Director of Economic Development (214) 486-6323

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

27


DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES

ONCOR ELECTRIC DELIVERY COMPANY LLC

RICHARDSON CHAMBER OF COMMERCE

Sharon Cook Economic Development Consultant (214) 486-7030 Heather Ledbetter Economic Development Manager (214) 486-3919

John Jacobs Executive Vice President (972) 792-2802

OVILLA, CITY OF

ROANOKE, CITY OF

Brad Piland Director of Public Works (972) 617-7262

Scott Campbell City Manager (817) 491-2411

PANTEGO EDC

ROCKWALL EDC

Daniel Lakey President (817) 559-0985 Pamela Mundo Economic Development Coordinator (214) 773-0966

Phil Wagner President (972) 772-0025 Matt Wavering Director of Project Development (972) 772-0025

Marvin Gregory City Administrator (817) 626-3791

PARKER COUNTY EDC

ROWLETT, CITY OF

Patrick Lawler Executive Director (817) 694-5140 Heylee Sears Office Admin (817) 609-4131

Jim Grabenhorst Director of Economic Development (972) 463-3953 Libbey Tucker Assistant Director of Economic Development (972) 412-6193

PILOT POINT EDC Amanda Davenport Director of Economic Development (940) 218-3411 PLANO, CITY OF Sally Bane Executive Director (972) 208-8300 Jenny Zeilfelder Economic Development Manager (972) 208-8300 PRINCETON, CITY OF Derek Borg City Manager (972) 736-2416 Dave Quinn Economic Development Director (214) 775-0617 Amber Anderson Building Permits & Inspections (972) 736-6169 PROSPER EDC Mary Ann Moon Executive Director (972) 569-1171 Susanne Barney Economic Development Specialist (972) 569-1173 RED OAK, CITY OF Lee McCleary Economic Development Director (469) 218-1208

28

RIVER OAKS EDC

STATE OF TEXAS ECONOMIC DEVELOPMENT & TOURISM Janie Havel North Texas Region Representative (214) 733-4274 STEPHENVILLE ECONOMIC DEVELOPMENT AUTHORITY Jeff Sandford Executive Director (254) 459-4921 Ashleigh Feuerbacher Assistant Director & Senior Project Manager (254) 459-4921 SUNNYVALE, TOWN OF Traci Anderson Economic Development Director (972) 203-4154 TERRELL EDC Carlton Tidwell Chamber & EDC President (972) 524-5704 Ray Dunlap President (469) 294-5553

ROYSE CITY

THE COLONY EDC

Larry Lott Executive Director (972) 636-2183

Keri Samford Executive Director of Development (972) 624-3126 Cindi Lane Economic Development Specialist (972) 624-3127 Diane Lemmons Business Retention & Expansion Manager (972) 624-3111

SACHSE EDC Leslyn Blake Chief Executive Officer (469) 429-4764 SAGINAW, CITY OF Keith Rinehart Director of Community Services (817) 232-9800 SANGER, CITY OF Shani Bradshaw Director of Economic Development (940) 458-9096 SEAGOVILLE EDC Patrick Stallings City Manager (972) 287-6807

WHITESBORO EDC Lynda Anderson Economic Development Director (903) 564-4000 WILMER, CITY OF Rona Stringfellow City Administrator (972) 441-6373

Patrick Arata Acting Town Manager (682) 831-4655

Jason Greiner Executive Director (972) 442-7901

VAN ALSTYNE EDC Rodney Williams Executive Director (903) 712-2002 Tiffany Chartier Executive Administrator (903) 712-2002 WATAUGA, CITY OF Jackie Reyff Director of Planning & Economic Development (817) 514-5818 Victoria Vaughan Economic Development Coordinator (817) 514-5813 Denise Wilkinson Economic Development Specialist (817) 514-5813

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

WESTLAKE, TOWN OF Amanda Degan Town Manager (817) 490-5717 Noah Simon Deputy Town Manager (817) 490-5707 Jarrod Greenwood Assistant Town Manager (817) 490-5717 Amanda DeGan Assistant Town Manager (817) 490-5715 Ginger Awtry Director of Communications & Community Affairs (817) 490-5719

WYLIE EDC

SHERMAN EDC

SOUTHLAKE, CITY OF

WEATHERFORD, CITY OF Dennis Clayton, CEcD, AIA Executive Director (817) 598-4302 Kristen Pegues Economic Development Planning Coordinator (817) 598-4279

TROPHY CLUB, TOWN OF

Kent Sharp President (903) 868-2566 Ashton Bellows Chief Administrative Officer (903) 868-2566 Daniel Cortez Deputy Director (817) 748-8039 Alison Ortowski Assistant City Manager (817) 748-8001

WAXAHACHIE, CITY OF Warren Ketteman Senior Director of Economic Development (469) 309-4121 Kassandra Carroll Economic Development Coordinator (469) 309-4122

2021


60,664 POPULATION

88% 1 OF 2 HELIPORTS IN S. Dallas County

MEDIAN AGE

37

31 MINUTES FROM

HIGH SCHOOL DEGREE OR HIGHER

THE DFW INTERNATIONAL AIRPORT

MEDIAN HOUSE VALUE

15 MINUTES frOM

$196,836

DOWNTOWN DALLAS

$91,180

AVERAGE HOUSEHOLD INCOME

RETAIL OPPORTUNITY IN DESOTO: POTENTIAL RETAIL SALES: $3,461,166,294 ACTUAL SALES $622,203,720 SALES LEAKAGE: $2,838,812,574

dedc.org | 972.230.9611 | jnewman@dedc.org 211 E. Pleasant Run Road, DeSoto, TX 75115


DOORWAY TO RUNWAY IN NO TIME FLAT.

Where living means thriving.

Make time in Coppell. Find out how moving to Coppell can put time on your side. Visit coppelltx.gov or call Mindi Hurley of the Office of Economic Development at 972-304-3677.

Clean energy for generations to come. Affordable, reliable, and environmentally responsible energy is a key driver of our economy and essential for thriving communities. Natural gas fuels economic growth and meets the growing demand for energy in the Dallas area. Atmos Energy is committed to safely delivering natural gas that helps lower carbon emissions while providing sustainable and affordable energy solutions for generations to come. TO CONTACT AN ATMOS ENERGY REPRESENTATIVE ABOUT A NEW COMMERCIAL OR INDUSTRIAL LOCATION VISIT: ATMOSENERGY.COM/GROWTH OR CALL 888-286-6700

30

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


Connectivity

Photo: DART

The Dallas-Fort Worth Location Access Dallas Fort Worth International Airport and Dallas Love Field Nonstop Flight Times Transportation Infrastructure Public Transit Regional Veloweb Mobility 2045 High Tech Travel Digital Infrastructure

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

31


CONNECTIVITY  |  THE DALLAS-FORT WORTH LOCATION

Location The Dallas Regional Chamber welcomes you and your company to the Dallas-Fort Worth region. DFW is an innovation hub with a wealth of resources that make it an ideal business location. DFW’s attractive quality of life, strong regional and state economy, low cost of living, skilled labor force, pro-business mindset, and lack of corporate and personal income taxes contribute to a thriving economy. Forward-looking company leaders seeking a friendly and profitable place to do business have discovered the attributes they are seeking in the region. Due to its central location and worldclass transportation infrastructure, DallasFort Worth is a major international gateway. DFW excels in passenger air travel and air cargo operations. The region is home to: n  Dallas Fort Worth International Airport, the nation’s fourth-busiest airport, and home base for American Airlines; n  Dallas Love Field Airport, home to Southwest Airlines, the largest domestic airline in the country; and n  Fort Worth Alliance Airport, the world’s first major industrial airport, and home to an Amazon Air hub. Additionally, DFW’s highways and rail lines are remarkable for the volume and delivery speed they provide for transporting freight across the country. Equally important is the regionally supported agreement to prove up tomorrow’s transit disruptors through efforts such as the North Texas Center for Mobility Technologies (NTCMT). DFW consistently ranks among the top three U.S. metropolitan areas for business expansions, relocations, and employment growth. The 4-million-person workforce is bolstered by an influx of young, credentialed and talented professionals, providing companies with an abundance of skills they need to make their businesses successful. Texas’ business climate, combined with the attributes and functionality that DallasFort Worth currently holds as a major corporate headquarters destination, sends a simple, yet compelling message: There is no better region from which to operate a national or global firm today, next year, or even decades into the future.

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Central location, leveraged by transportation assets and favorable business climate Amarillo

40

Lubbock Abilene

Fort Worth Dallas

20

20

El Paso

Odessa

35 10

30

45

Austin Houston

San Antonio

10

37

Galveston

Corpus Christi

Laredo

2021


Portland

Boston Detroit

New York Philadelphia

Chicago San Francisco

Washington

Denver

Charlotte Los Angeles

Atlanta

DallasFort Worth

Phoenix

Austin

Houston

San Antonio

Seattle

Miami

London Toronto

DallasFort Worth Los Angeles

New York

Paris

CONNECTIVITY | THE DALLAS–FORT WORTH LOCATION

Seattle

Moscow Frankfurt

Cairo

Beijing Tokyo

Dubai

Mexico City

Shanghai Mumbai Singapore

Rio de Janeiro Buenos Aires

2021

Cape Town

Sydney

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

33


CONNECTIVITY | ACCESS

Superior combination of location and access featuring DFW Airport, major highways, and rail “Everything is bigger in Texas” is a familiar phrase that also applies to the Dallas-Fort Worth region, which has a footprint larger than some U.S. states. Dallas–Fort Worth is the nation’s fourth-largest metro area. Its central location provides convenient access to all major markets in the U.S. and in the North American trade partnership. The region functions as a logistics and distribution hub, giving businesses an edge by putting key markets within easy reach of air, truck and rail cargo shipping. For business travelers, DFW’s mid-continent situation means time savings when it comes to travel. All major U.S. cities are less than four hours away.

Truck Transit Times and Population Served

3

Seattle

2 New York City Chicago

1 Los Angeles

DFW

Ring Hours Miles Kilometers

% of US Pop. Served

1

10

600 966

16%

2

24

960 1,545

37%

3

48

1,800 2,887

93%

Flight Time From DFW New York, NY (NYC) Los Angeles, CA (LAX) Toronto, On, Canada (YTO) Mexico City, Mexico (MEX) Paris, France (PAR) Tokyo, Japan (TYO)

Rail Transit Time

     

3 Hrs. 15 Min. 2 Hrs. 56 Min. 2 Hrs. 50 Min. 2 Hrs. 32 Min. 9 Hrs. 30 Min. 14 Hrs. 25 Min.

Los Angeles

Chicago

Atlanta

Houston

4+ days 3 days

3+ days 1 day

Dallas-Fort Worth Climate Average high/low tempereatures (°F) January 56/36 April 76/55 July 96/75 October 78/57 Annual Average 76/55 34

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Average annual weather occurences Wind Speed

Snowfall

Precipitation

Number of rainy days

Percent of possible sunshine

1.7 inches 80 days

36.1 inches

10.5 mph

61%

2021


Anchorage

Seoul Tokyo Osaka

Amsterdam Frankfurt Luxembourg

Atlanta Dallas-Fort Worth Miami

Mexico City Honolulu

Brussels

Chicago

Los Angeles

Taipei

Hong Kong

London

Vancouver Seattle

Doha

CONNECTIVITY | ACCESS

Dallas Fort Worth International Airport’s cargo network connects the region to 28 major hubs around the world

Sharjah Mumbai

Guadalajara Panama City

Singapore

Campinas

Sydney Santiago

Cargo transportation around the region

McKinney National Airport

BNSF Intermodal Yard

Kansas City Southern Wylie Rail Yard

Addison Airport Fort Worth Alliance

Fort Worth Meacham International

Dallas Fort Worth International Airport

Kansas City Southern Garland Rail Yard

Dallas Love Field

Union Pacific Rail Yard Union Pacific Rail Yard -GM

Centennial Yard

Union Pacific Miller Intermodal Facility Union Pacific Dallas Intermodal Terminal

Lancaster Regional Airport

Railport

Pre-designated foreign trade zone “magnet sites” Any company may locate on this land and simply activate with customs.

Union Pacific Company/site-specific Rail Yard foreign trade zones For companies wanting FTZ status but which cannot locate in an existing magnet site.

Rail yard / Intermodal facility Distribution centers Custom port of entry Rail line

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

35


CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD

Dallas Fort Worth International Airport is an economic engine for the region, generating $37 billion in economic impact annually. Built in 1974 and situated midway between Dallas and Fort Worth, it is the highest-capacity commercial airport in the world and one of two international gateway airports in Texas. As a major hub of Fort Worth–based American Airlines, Dallas Fort Worth International Airport offers business travelers a high-frequency schedule and access to any major city in the continental United States in less than four hours. Cargo operations, which amounted to 871,593 metric tons in 2020, serve 28 major markets around the world, including several key markets in Asia. DFW Airport recently completed upgrades to four of its original terminals with a $2.7 billion Terminal Renewal and Improvement Program (TRIP) and currently hosts 164 gates flying to 227 destinations. In 2021, DFW will begin rennovation of its 5th original terminal “C,” a 28-gate hub for American Airlines. Construction of a new Terminal “F” will add capacity for up to 24 additional gates when demand for air travel rebounds. Located just seven miles from downtown Dallas, Love Field is a convenient generaluse airport that serves as the headquarters for low-cost carrier Southwest Airlines. The airport, which served more than 7.7 million passengers in 2020, underwent a $519 million modernization renovation, including a centralized terminal with 20 gates, a new lobby, and an expanded baggage claim area. An expanded passenger garage completed in 2019 added 5,000 parking spots.

Dallas Love Field by the numbers (2020):

Dallas Fort Worth International Airport by the numbers (2020): Daily Passengers: 107,849 Total Passengers: 39,364,990 International Passengers: 3,424,775 Total Cargo (metric tons): 871,593 Dallas Forth Worth International Airport high frequency destinations Seattle

Total Operations: 170,162 Travel time from downtown Dallas: 11 minutes

Boston

Minneapolis Chicago

Philadelphia

Detroit

New York

Washington D.C.

Denver

San Francisco

Charlotte

Las Vegas Los Angeles

Atlanta

Phoenix San Antonio

Honolulu

Austin Orlando

Houston

Miami

DART’s light rail Orange Line connects Dallas Fort Worth International Airport (DFW Station) to the Las Colinas Urban Center, Dallas Medical District, downtown Dallas, and the entire DART light rail network.

Dallas Love Field sample domestic destinations Seattle/Tacoma Portland

Daily Passengers: 21,054 Total Passengers: 7,684,653

Source: Dallas Fort Worth International Airport

Dallas Fort Worth International Airport and Dallas Love Field

Minneapolis Boise

Milwaukee Chicago

Salt Lake City Sacramento

Reno

San Francisco Oakland (SFO) San Jose

Omaha Denver Kansas City

Las Vegas Burbank Los Angeles (LAX) Ontario Santa Ana Phoenix San Diego Tuscon

New York (Laguardia)

Pittsburgh Baltimore / Washington (BWI) Columbus Washington DC (Reagan National) Indianapolis

St Louis

Tulsa Taos Albuquerque

Dallas Love Field

Raleigh/Durham Nashville NASHVILLE Memphis

Little Rock

Charlotte Greenville/Spartanburg

Atlanta Birmingham Pensicola New Orleans

Source: City of Dallas

36

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Orlando Tampa West Palm Beach Ft Meyers Ft. Lauderdale

2021


Our Global Center n  4th busiest airport in the world for operations n  15th busiest passenger airport in the world n  Host to 20 passenger airlines and 22 cargo carriers n  Service to 178 domestic and 49 international destinations out of 5 terminals and 164 gates n  Access to every major city in the continental U.S. within four hours n  #1 for customer service among North American airports serving 40M or more passengers annually (Airports Council International) n  1st North American airport to achieve carbon neutral status

CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD

Dallas Fort Worth International Airport:

n  Footprint covering nearly 70 km—larger than Manhattan, with 557k m2 of terminal space

San Juan

n  Economic output to the DallasFort Worth region totalling $37B, supporting 228K full-time jobs and $12.5B in payroll

Source: Dallas Fort Worth International Airport

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

37


CONNECTIVITY | NONSTOP FLIGHT TIMES

Nonstop Flight Times from Dallas-Fort Worth The Dallas-Fort Worth region is globally connected. Dallas Fort Worth International Airport is one of the top 50 most internationally connected airports according to OAG Aviation Worldwide, including a top 5 U.S. ranking. In fact, DFW Airport netted many new domestic and international flights in 2019. Although 2020 resulted in the suspension of some routes, new flights were added. 20192020 highlights include: n  With a new flight to St. Thomas in the U.S. Virgin Islands that launched in December

Asia/Pacific

2019, DFW passed Chicago O’Hare for having nonstop flights to the most domestic destinations. n  American Airlines now offers Boeing 787 Dreamliner international service to Paris, Sao Paulo and Seoul. n  In 2020, American Airlines launched 3 new destinations from DFW Airport to Mexico La Paz, Loreto and Manzanillo. n  Also in 2020, DFW Airport and Love Field launched many new domestic flights including Colorado Springs, Daytona Beach, Long Beach, Panama City Beach, Savannah, and Telluride. DESTINATION — FLIGHT TIME IN MINUTES

TOKYO-HANEDA, JP — 805 TOKYO-NARITA, JP — 817 SEOUL, KR — 892

n  DFW Airport earned the No. 1 ranking for customer service in 2019, and Dallas Love Field took the No. 1 spot in as the best airport in its region and size class in 2020 from Airports Council International. The number of nonstop flights from Dallas Fort Worth International Airport and Love Field provides travelers with plenty of options as well as convenience. New international routes, more carriers, and increases in air service destinations confirm DFW’s place as a global super hub.

CARIBBEAN NASSAU, BS — 181 MONTEGO BAY, JM — 215 PROVIDENCIALES, TC — 226 SAN JUAN, PR — 274 PUNTA CANA, DO — 275 ST THOMAS, VI — 280 ORANJESTAD, AW — 293

SOUTH AMERICA BOGOTA, CO — 329 LIMA, PE — 418 SAO PAULO-GUARULHOS, BR — 609 BUENOS AIRES, AR — 621

MIDDLE EAST DOHA, QA — 870

AUSTRALIA SYDNEY, AU — 1012

EUROPE LONDON-HEATHROW, GB — 538 PARIS-DE GAULLE, FR — 569 FRANKFURT, DE — 585

ALASKA & HAWAII ANCHORAGE, AK — 378 KONA, HI — 439 KAHULUI/MAUI, HI — 490 HONOLULU/OAHU, HI — 511

CENTRAL AMERICA BELIZE CITY, BZ — 171 GUATEMALA CITY, GT — 189 ROATAN, HN — 190 SAN SALVADOR, SV — 203 LIBERIA, CR — 227 SAN JOSE, CR — 237

MEXICO MONTERREY, MX — 97 CHIHUAHUA, MX — 115 TORREON, MX — 120 DURANGO, MX — 122 ZACATECAS, MX — 123 SAN LUIS POTOSI, MX — 128 AGUASCALIENTES, MX — 138 LEON/GUANAJUATO, MX — 143 QUERETARO, MX — 145 MAZATLAN, MX — 149 CANCUN, MX — 152 GUADALAJARA, MX — 153 COZUMEL, MX — 153 MEXICO CITY, MX — 153 MORELIA, MX — 158 OAXACA, MX — 160 PUERTO VALLARTA, MX — 161 HUATULCO, MX — 172 SAN JOSE DEL CABO, MX — 172 IXTAPA/ZIHUATANEJO, MX — 172 ACAPULCO, MX — 195

Source: Airplane Manager Pilot Flight Time Calculator

38

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


U.S. MIDWEST KANSAS CITY, MO — 67 WICHITA, KS — 70 JOPLIN, MO — 74 SPRINGFIELD, MO — 74 ST. LOUIS, MO — 77 OMAHA, NE — 81 MANHATTAN, KS — 82 COLUMBIA, MO — 89 GARDEN CITY, KS — 89 INDIANAPOLIS, IN — 101 GRAND ISLAND, NE — 101 SPRINGFIELD, IL — 106 EVANSVILLE, IN — 108 DES MOINES, IA — 108 PEORIA, IL — 110 MILWAUKEE, WI — 111 CHAMPAIGN, IL — 113 CEDAR RAPIDS, IA — 113 BLOOMINGTON, IL — 114 MOLINE, IL — 114 COLUMBUS, OH — 119 SIOUX FALLS, SD — 121 DETROIT, MI — 126 CINCINNATI, OH — 129 MADISON, WI — 129 CHICAGO-MIDWAY, IL — 130 DAYTON, OH — 131 FORT WAYNE, IN — 132 CHICAGO-O’HARE, IL — 137 RAPID CITY, SD — 140 GRAND RAPIDS, MI — 140 MINNEAPOLIS/ST. PAUL, MN — 142 FARGO, ND — 152 CLEVELAND, OH — 152 BISMARCK, ND — 162 SOUTH BEND, IN — 209

U.S. NORTHEAST PITTSBURGH, PA — 135 WASHINGTON-NATIONAL DC, DC — 149 PHILADELPHIA, PA — 162 NEW YORK-LA GUARDIA, NY — 172 WASHINGTON-DULLES, VA — 172 BALTIMORE, MD — 172 BUFFALO, NY — 174 HARRISBURG, PA — 176 HARTFORD, CT — 198 NEWARK, NJ — 208 NEW YORK-JFK, NY — 213 BOSTON, MA — 218

U.S. SOUTH OKLAHOMA CITY, OK — 35 WACO, TX — 38 HOUSTON-HOBBY, TX — 42 TULSA, OK — 42 TYLER, TX — 43 SAN ANTONIO, TX — 43

2021

GREENSBORO, NC — 149 ASHEVILLE, NC — 152 AUGUSTA, GA — 152 WEST PALM BEACH, FL — 155 KEY WEST, FL — 159 MIAMI, FL — 160 RICHMOND, VA — 163 NORFOLK, VA — 167 WILMINGTON, NC — 191

U.S. WEST ROSWELL, NM — 88 DENVER, CO — 89 SANTA FE, NM — 104 ALBUQUERQUE, NM — 109 COLORADO SPRINGS, CO — 111 FLAGSTAFF, AZ — 115 PHOENIX, AZ — 115 CARLSBAD, NM — 120 DURANGO, CO — 122 ASPEN, CO — 123 GUNNISON, CO — 128 SALT LAKE CITY, UT — 128 MONTROSE, CO — 134 GRAND JUNCTION, CO — 135 LAS VEGAS, NV — 136 TUCSON, AZ — 137 VAIL, CO — 141 STEAMBOAT SPRINGS, CO — 141 BOZEMAN, MT — 147 SAN DIEGO, CA — 149 YUMA, AZ — 154 LOS ANGELES, CA — 156 JACKSON HOLE, WY — 174 LONGBEACH, CA — 176 SACRAMENTO, CA — 178 SAN JOSE, CA — 179 OAKLAND, CA — 181 PALM SPRINGS, CA — 182 SAN FRANCISCO, CA — 182 ONTARIO, CA — 183 BAKERSFIELD, CA — 184 BILLINGS, MT — 190 BOISE, ID — 190 ORANGE COUNTY, CA — 193 SAN LUIS OBISPO, CA — 195 SANTA BARBARA, CA — 198 MISSOULA, MT — 199 PORTLAND, OR — 199 BURBANK, CA — 202 MONTERREY, CA — 204 SEATTLE/TACOMA, WA — 204 FRESNO, CA — 207 RENO, NV — 208 SPOKANE, WA — 223

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

CONNECTIVITY | NONSTOP FLIGHT TIMES

CANADA TORONTO, ON, CA — 176 CALGARY, AB, CA — 229 VANCOUVER, BC, CA — 257

WICHITA FALLS, TX — 47 KILLEEN, TX — 48 ABILENE, TX — 48 LUBBOCK, TX — 48 LAWTON, OK — 49 LONGVIEW, TX — 49 LITTLE ROCK, AR — 49 COLLEGE STATION, TX — 50 MIDLAND/ODESSA, TX — 51 TEXARKANA, AR — 52 SHREVEPORT, LA — 54 SAN ANGELO, TX — 57 FORT SMITH, AR — 59 AUSTIN, TX — 60 MEMPHIS, TN — 63 NEW ORLEANS, LA — 64 NORTHWEST ARKANSAS, AR — 64 ALEXANDRIA, LA — 65 MONROE, LA — 66 BEAUMONT/PORT ARTHUR, TX — 67 HOUSTON-INTERCONTINENTAL, TX — 67 HARLINGEN, TX — 68 LAKE CHARLES, LA — 70 DEL RIO, TX — 71 AMARILLO, TX — 74 LAFAYETTE, LA — 75 BATON ROUGE, LA — 77 JACKSON, MS — 77 EL PASO, TX — 79 CORPUS CHRISTI, TX — 80 LAREDO, TX — 80 NASHVILLE, TN — 86 MCALLEN, TX — 88 GULFPORT/BILOXI, MS — 90 BROWNSVILLE, TX — 90 MOBILE, AL — 93 BIRMINGHAM, AL — 96 HUNTSVILLE/DECATUR, AL — 100 MONTGOMERY, AL — 102 PENSACOLA, FL — 103 FORT WALTON BEACH, FL — 111 PANAMA CITY, FL — 111 CHATTANOOGA, TN — 113 KNOXVILLE, TN — 117 DAYTONA, FL— 117 LOUISVILLE, KY — 118 TAMPA, FL — 119 TALLAHASSEE, FL — 120 EL DORADO, AR — 120 GREENVILLE, MS — 120 HARRISON, AR — 120 HOT SPRINGS, AR — 120 SARASOTA, FL — 120 ATLANTA, GA — 122 LEXINGTON, KY — 124 MELBOURNE,FL — 124 ORLANDO, FL — 125 CHARLESTON, SC — 126 FORT MYERS, FL — 129 GREENVILLE/SPARTANBURG, SC — 132 RALEIGH/DURHAM, NC — 134 STILLWATER, OK — 134 TRI-CITIES, TN — 134 JACKSONVILLE, FL — 134 GAINESVILLE, FL — 136 COLUMBIA, SC — 136 SAVANNAH, GA — 140 FORT LAUDERDALE, FL — 141 CHARLOTTE-DOUGLAS, NC — 146

39


CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE

Transportation Infrastructure Dallas-Fort Worth’s vast transportation infrastructure connects residents and businesses. The freeway system provides easily accessible corridors to employment centers and personal trip destinations for residents. Mass transit options, including the Dallas Area Rapid Transit (DART) system, the Fort Worth T, Trinity Railway Express (TRE), the Denton County Transit Authority’s (DCTA) A Train, and the newly launched intermodal TEXRail offer convenient alternatives for getting around the region. DFW’s robust interstate infrastructure includes critical segments along the USMCA corridor, linking Mexico to Canada and to East and West Coast destinations in the U.S. This makes it an important intermodal center for the distribution of air, rail, and truck freight. The nation’s two largest railroads, Fort Worth–based Burlington Northern Santa Fe and Union Pacific, have major operation nodes in the region offering business-efficient access to other key ports and distribution centers across the United States and into Mexico. Also, DFW offers many options for regional and international air travel, including Dallas Fort Worth International Airport (the 4th busiest airport in the world), the workhorse Dallas Love Field, and the first major U.S. industrial airport, Alliance.

Alliance Airport

Commercial Airports Dallas Fort Worth International Airport (DFW) Number of runways: 7 Lengths of runways (feet): 8,500; 9,000; 9,300; 11,400 (3); 13,400 2020 Total operations: 514,702 2019 Total operations: 720,007

Dallas Love Field (DAL)

Alliance Airport (AFW)

Number of runways: 2 Lengths of runways (feet): 7,752; 8,800 2020 Total operations: 170,162 2019 Total operations: 231,879

Number of runways: 2 Lengths of runways (feet): 11,000; 11,010 2020 Total operations: 62,368 2019 Total operations: 127,332

Source: Air Traffic Activity Data System (ATADS), Federal Aviation Administration

1 Dallas Fort Worth International Airport

Airports

8

2 Dallas Love Field

5

3 Fort Worth Alliance Airport 4 Addison Airport 5 McKinney National Airport 6 Dallas Executive Airport

15

7 Fort Worth Meacham International

3

8 Denton Enterprise

4 9 1

11 Fort Worth Spinks

2 17

14

Source: Texas Department of Transportation

12 Arlington Municipal

7 10

9 Ralph M Hall/Rockwall Municipal 10 NAS Fort Worth Joint Reserve Base

16

13 Lancaster Regional Airport 14 Mesquite Metro 15 Northwest Regional

12

6

Helicopters And Vertical Take-Off And Landing Aircraft Only:

18 11

40

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

16 DFW Heloplex/Heliport 13

17 Dallas CBD Vertiport 18 DeSoto Heliport

2021


Highway construction projects

DENTON McKINNEY

ALLEN

FRISCO PLANO LEWISVILLE WYLIE

FLOWER MOUND

CARROLTON

GRAPEVINE

RICHARDSON GARLAND

BEDFORD

IRVING

EULESS

Dallas

Fort Worth

MESQUITE

GRAND PRAIRIE

ARLINGTON

ROWLETT

LANCASTER CEDAR HILL

DESOTO

MANSFIELD

The transportation sector is essential to Texas’ future. The movement of goods and people in an efficient manner ensures the economy remains competitive and economically prosperous. North Texas continues to experience tremendous population growth, which places increased demand on the region’s transportation infrastructure. Billions of dollars are being invested to maintain existing infrastructure, prevent congestion, and ensure mobility and safety by relieving chokepoints and expanding critical corridors. Dozens of projects are currently underway, with many more planned for the future.

CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE

Major Transportation Construction Projects

Construction underway or begins soon Construction begins within 4 years

CURRENT EXPRESS/HOV & NEW MANAGED LANES

Construction begins in 5-10 years Corridor studies, construction in 10+ years

Current express/ HOV lanes New TEXpress managed lanes Transitional high-occupancy vehicle lane Major roadways

DENTON

segment 3C opening 2021

COLLIN

open 2017

open 2014

HUNT

WISE

open 2015

PARKER

HOT conversion open october 2016 segment 3B fall 2017

open 2018 open 2014

ROCKWALL

segments 3A open 2018

The DFW region has the most managed lanes of any metro in the U.S. The area’s regional transportation planning agency has created a program to use managed lanes to ensure that critical transportation modes, such as buses, are able to maintain 50-70 mph speeds in order to reliably arrive on-time. Current express/HOV lanes

segments 1 & 2W open 2014

TARRANT

2021

Current Express/HOV & New Managed Lanes

JOHNSON

open august 2016

KAUFMAN DALLAS

ELLIS

New TEXpress managed lanes Transitional HOV lane Major roadways

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

41


CONNECTIVITY | PUBLIC TRANSIT

Public Transit

PHOTO: DART

Dallas Area Rapid Transit (DART), which includes light rail and bus service, features the nation’s longest light-rail network and enables easy access to key job centers in Dallas and its suburbs. DART also provides convenient light-rail access to Dallas Fort Worth International Airport and connects to the Texas Railway Express (TRE). The TRE is an intercity commuter train that transports passengers between downtown Dallas and Fort Worth, with stops at several “mid-cities” suburbs in between. Fort Worth residents are served by the “T” which also connects to the TRE. The Denton County Transportation Authority (DCTA) operates its A-Train, which connects DART riders in Carrollton to five stations ending in Denton. In January 2019, the TEXRail commuter rail line opened, connecting downtown Fort Worth into Terminal B at the Dallas Fort Worth International Airport.

Dallas Streetcar

DFW Rail System

to Denton (operated by DCTA) PLANO

Blue Line

PARKER ROAD ly

Red Line

da yP eak

Green Line

On

President George Bush Turnpike

Orange Line

FARMERS BRANCH

Farmers Branch

Orange Line

(Peak Hours On Weekdays Only)

XX

Fare Zone Boundary

Royal Lane

GRAPEVINE

Belt Line

DFW Airport

UNDER CONSTRUCTION

NORTH RICHLAND HILLS

FORT WORTH

Richland Hills Fort Worth ITC

University of Dallas

IRVING

West Irving

Bell CentrePort/ DFW Airport

Downtown Irving/ Heritage Crossing

Medical/ Market Center Victory

LOVE FIELD

Downtown Garland

Forest Lane Walnut Hill

DOWNTOWN ROWLETT

DALLAS

Mockingbird MESQUITE

Cityplace/Uptown Deep Ellum Baylor University Medical Center Fair Park MLK, Jr. Hatcher Lawnview

t

Transit

DALLAS 8th & Corinth Dallas Zoo Tyler/Vernon Morrell Hampton Illinois WESTMORELAND Kiest VA Medical Center Ledbetter Camp Wisdom

ROWLETT

Forest/Jupiter LBJ/Skillman Lake Highlands White Rock

Park Lane Lovers Lane

PARK

Inwood/ Love Field Southwestern Medical District/ Parkland Market Center

Union Station Convention Center Cedars COCKRELL Source: Dallas Area Rapid HILL

GARLAND

LBJ/Central

tric Dis rts rl/A Pea aul P St. ard d Ak st En We

T & P STATION

DFW

President George Bush Turnpike

Silver Line (2022)

Spring Valley

Irving Walnut Hill/Denton Convention Center Las Colinas Bachman Urban UNIVERSITY Terminal A North Lake Center PARK Burbank College HIGHLAND

Parking Available

LIN GE

Dallas North Tollway

Downtown Carrollton

DFW NORTH

President G eo rg

Arapaho Center

AN

Trinity Mills

DCTA A-train

GALATYN PARK

Galatyn Park

e Turnpik sh Bu

TexRail Line

RICHARDSON

ADDISON

Downtown Plano CityLine/Bush CITYLINE/BUSH

e

CARROLLTON

OR

(No Sunday Service On TRE)

EW eek

NORTH CARROLLTON/FRANKFORD

Trinity Railway Express

SHILOH ROAD

12TH STREET

Lake June BUCKNER

UNT DALLAS

42

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


EDDIE BERNICE JOHNSON UNION STATION CONVENTION CENTER CEDARS

Y INNE MCK

PLANNING/DE

ER

GS

Y

R SPRIN

INNE

CEDA

TAL

MM W. CO

W.

ERCE

W S

EBJ Union Station ERCE COMM EBJ Union Station

E AV

TIM LA

CH LVD

ER

ZB

BELL

.

HA

5

RICHLAND HILLS

RW OO D

AK

5

AR

IN

TRE and TEX

OD

R

LLA

GO

SA

ON

D2

CONTINEN

TRE and TEXRail to Fort Worth

CE

NT

W S

L

TIM LA

ST

ON

Y

OD

CA

D

SA

FORT WORTH FORT WORTH CENTRAL STATION FORT WORTH T&P STATION

E AV

TIM LA

CH

OD

R

GO

Convention Center Station

ON

GA

K

E LIV IC PACIF

L AU .P ST Y VA ER

MARI

LD

CE

TON

ET

HOUS

MARK

GRIFF

FIE

OA

VICTOR

GO

L

St. Paul Station

E

TAL

L

H

E RA

Victory St

CONTINEN

Trinity Railway Express Orange Line (No Sunday Service) Weekdays Peak Only TEXRail (Trinity Metro) Trinity Railway Express (No Sunday Service) A-Train (DCTA) Future Services TEXRail (Trinity Metro) M-Line Trolley DESIGN/CONSTRUCTION UNDERWAY Inset Map A-Train (DCTA) Dallas Streetcar Silver Line (2023) M-Line Trolley Transit Center or PLANNING/DESIGN UNDERWAY Inset Map PLANNING/DESIGN UNDERWAY Park & Streetcar Ride Dallas D2 Subway (Inset Map) Transit Center or Park & Ride

N

Y

UT

L DE

LIV

VICTOR

RO

ER

AR

Deep Ellum Station

IV FE

ELM MAIN ERCE COMM N JACKSO WOOD G YOUN

NT

O ST

PE OL

SS

Akard Station

LAMAR

CA

GA

East Transfer K OA Center

Victory St

Orange Line Orange Line Weekdays Peak Only

NORTH

Pearl/Arts District Station

Y VA

RO

West Transfer Center

ERCE

EBJ Union Station

LVD

ER

ZB .

HA RW OO D

ER

L

Y VA

AU .P ST

ILLA

AK AR

IN

LAMAR

TON

ET

D

MARK

HOUS

GRIFF

MAR

DA

R

ELM Inset Map Dallas Streetcar MAIN Transit Center or R E CE Park & Ride COMM ON JACKS WOOD G YOUN

MM W. CO

M-Line Trolley

LD

OO

S ER DG FIE LD

S T RW O .P AU OD L

Parks Rosa Plaza

A-Train (DCTA)

FIE

W

West End Station

TEXRail (Trinity Metro)

5

TIM LA

MA

ENTAL

RO

Y

ER

LA

CONTIN

LL

HA

Downt

Orange Line Green Line

CAMP WISDOM

OD

Y

St. Paul Station

Trinity Railway Express (No Sunday Service)

E LIV IC PACIF

FW

M-Line Trolley to CityPlace/ Uptown Station

Silv

Green Line Red Line

GO

Downtown Dallas East Transfer K OA Center Victory Station

Weekdays Peak Only

E

LEDBETTER

GLENN HEIGHTS PARK & RIDE

VICTOR

R

Orange Line

LIV

GLENN H Downt

Red Line Blue Line

UNT DALLAS

MCK

CEDA

H

E

Green Line

Map Legend

K OA

CONNECTIVITY | PUBLIC TRANSIT

UT

E D FE

L RA

Akard Station

ERCE

EBJ Union Station

Red Line

Orange Line

Parks Rosa Plaza MM W. CO

L

S

Blue Line

GLENN H

BUCKNER

VA MEDICAL CENTER

Deep Ellum GLENN HEIGHTS Station

IV

MA

S RO

West Transfer Center

AR

LD

OL

LA

West End StationXX

FIE

Pearl/Arts District Station

LAKE JUNE

Map Legend

Blue Line

RED BIRD TRANSIT CTR.

S T RW O .P AU OD MapLLegend

Y VA

Y

OO

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VICTOR

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Convention Center Station

FORT WORTH C FORT WORTH T N UR KB AC BL

ON

M

M

E AV

LE

N

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ST

ST

K OA

Y VA ER ST

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ST

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Source: MATA

2021

K PA R N RE AR W E KL YD

T UC IAD NV TO US

DAVIS ST

BISHOP ARTS DISTRICT

BL VD

GRIFFIN ST

PACI

DALLAS STREETCAR

N

ST

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T ELM S

21

HO

Park

E FIC AV

T AIN S

Z AN

DO BLVD

JEFFERSON BLVD

D

AR

20

19

COLORA

SO

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18

CI JA

D

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N

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MAP NOT TO SCALE LV GB

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SS

RO

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16 17

ST

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14

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Trinity Railway Express Commuter Rail and Station

RI

15

Y

ST

O W

IT

E

A OD

IN

R LL

T LS

IV OL

13

FW

RS

GE

OD

AR PE

12

Dallas Streetcar & Stop DART Light Rail and Station

TR

Y

2 MIN WALK

LEGEND

MARSALIS AVE

11

Cedars Union Station

JE

AV E

B

ZANG BLVD

LE

C

ZANG BLVD

LE CO

E NEY A V

AP

10

Kay Bailey Hutchison Convention Center

R

CEDAR SPRINGS RD

M

IV E

6

YR

7

IN IT

5

West End

G G

TR

4

East Transfer Center

Akard

West Transfer Center

BECKLEY AVE

E

2

W

ST

3

St. Paul

BISHOP AVE

E AV

AVE

ON AV E

Victory

CEDAR HILL AVE

VD BL

M

M

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1. West Village 2. Cityplace Tower 3. McKinney Plaza 4. William B. Travis Academy 5. Greenwood Cemetery 6. Uptown Visitors Center 7. Quadrangle 8. Hotel St. Germain 9. Maple Manor Hotel 10. Shops at The Crescent 11. Hotel ZaZa 12. The Ritz-Carlton Hotel 13. American Airlines Center 14. Klyde Warren Park 15. AT&T Performing Arts Center 16. Nasher Sculpture Center 17. Dallas Museum of Art 18. Crow Collection of Asian Art 19. Fairmont Hotel 20. Dallas World Aquarium 21. West End

TYLER ST

IS RL CA

E AC

PL

M

LL

IL

8

TY

M

HA

9

CI

LE

RA

T TY KA

1

Deep Ellum

Dallas Streetcar

LE

M-Line Trolley

POINTS OF INTEREST

McKIN

C

NTAL ONTINE

W

L DA

E DG

FW

HA

Downtown Dallas DESIGN/CON

KIEST

NORTH

Future Serv

LAWNVIEW

HATCHER

8TH & CORINTH DALLAS ZOO MORRELL TYLER/VERNON HAMPTON ILLINOIS WESTMORELAND

PE

Victory Station

COCKRELL HILL

RO

R SPR ING

S

Tr i n i t y R i ve r

M-Line Trolley to CityPlace/ Uptown Station

FAIR PARK MLK, JR.

T TRIC DIS TS /AR RL UL PA D D KARST EN WE

Downtown Dallas

JEFFERSON BLVD

Source: Dallas Area Rapid Transit

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

43


CONNECTIVITY | REGIONAL VELOWEB

Regional Veloweb The cycling and pedestrian trail around White Rock Lake in Dallas is one of the top attractions for runners in the nation, according to the activity-tracking site Strava. And that’s just the tip of the iceberg for cycling and running in the region. The Dallas-Fort Worth region has invested in a 1,883-mile network of off-street biking and walking paths, which is part of 7,303 miles of regional shared-use paths referred to as the Regional Veloweb. This network comprises community shared-use paths, and an on-street bikeway network, including on-street wide shoulders in rural areas that are in various stages of development. One of the more anticipated trails will connect Dallas to Fort Worth in the near future. The Regional Transportation Council has funded a 24-mile span that will unite the Trinity Trails East Fort Worth extension eastward to the Rock Island Trail in Irving. That connection is expected to be completed in 2023. The Veloweb includes plans for connections in 10 counties and 105 cities in north central Texas, according to the North Central Texas Council of Governments.

Existing Funded Planned

Fort Worth to Dallas Regional Trail Corridor

44

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Existing

39 MIles

Funded

22 MIles

Planned

3 MIles

2021


CONNECTIVITY | REGIONAL VELOWEB

Cotton Belt

Existing

15 MIles

Funded

22 MIles

Planned

15 MIles

Denton to Dallas

McKinney to Dallas

2021

Existing

61 MIles

Funded

4 MIles

Planned

17 MIles

Existing

33 MIles

Funded

12 MIles

Planned

9 MIles

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

45


CONNECTIVITY | MOBILITY 2045

Mobility 2045 Mobility 2045 serves as a fiscally responsible blueprint for the region’s long-term multimodal transportation needs. The plan, adopted by the Regional Transportation Council in 2018, provides a range of transportation options to serve Dallas-Fort Worth now and into the future. As the region grows from more than 7.5 million residents today to an estimated 11.2 million by 2045, it will require an integrated, easily navigable transportation system comprising roads, public transportation, and bicycle and pedestrian facilities. Local policies and programs to enhance infrastructure investment will result in even more publicly accessible options. Mobility 2045 details transportation choices for the traveling public and for improving the quality of life in order to manage the region’s growth.

Funded Recommendations Mobility 2045 represents a $136.4 billion blueprint for the continued maintenance and development of the regional transportation system over the next 20 plus years. Mobility 2045 complies with all federal requirements related to the financial aspects of the metropolitan transportation plan. As the Dallas-Fort Worth region continues to grow, additional solutions will be imperative to comprehensively address the ever-increasing transportation needs.

Transit Corridor Projects Passenger RailTransit Improvements Corridor Projects RAIL RAIL 1 - Cotton Belt 21--Cotton Belt East Extension Cotton Belt Cotton Belt East Extension 32--Downtown Dallas Second Alignment (D2) Downtown Dallas Second Alignment 43--Dallas Streetcar (Central Link) (D2) RAIL 4 - Dallas Streetcar (Central Link) 5 Belt - A-train South Extension 1 - Cotton 5 - A-train South Extension 66Belt --Frisco Line 2 - Cotton East Extension Frisco Line 3 - Downtown Dallas Second Alignment (D2) 77--Mansfield Line Mansfield Line 4 - Dallas Streetcar (Central Link) McKinney Line 88--McKinney Line 5 - A-train9South Extension Midlothian Line 9 --Midlothian Line 6 - Frisco Line 10 - Green Line Southeast Extension 10 -Line Green Line Southeast Extension 7 - Mansfield 11 - Cleburne Line 8 - McKinney 11 12-Line - Cleburne Southwest Line TEX Rail 9 - Midlothian 12 Southwest 13--Line Scyene Line TEX Rail 10 - Green14 LineWaxahachie Southeast Extension Line 13 -- Scyene Line 11 - Cleburne Line 14 - Waxahachie 12 HIGH-INTENSITY - Southwest TEX RailBUS Line

Transit Corridor Projects Denton Wise Wise

Wise

15

1 15

Tarrant

17 - Spring Creek Parkway

CBD Existing DALLAS Rail

4

3

16

3

4

16

Hood Parker Parker 14

Hood

3

FORT14 WORTH CBD

15

FORT WORTH CBD

16

15

11

16

7

12 June 2018

11

7

5

Rockwall

10

13

13 16 Dallas

10

10

9

Dallas

Dallas 9

Johnson 11

2

5

Rockwall

12

Johnson

8 17

2

Rockwall 13

16 7

117 11

21

16

12

14

FORT WORTH CBD 15 12 11 167 12

Hood

8

5 15 17

Tarrant

12

Parker

CBD DALLASDALLAS CBD 4

1

Tarrant

16 - IH 30 Express

17-BUS - IH Spring Parkway 15 35WCreek Express HIGH-INTENSITY 16 Express - IH 30 Express 15 - IH 35W Existing Rail - Spring Creek Parkway 16 - IH 3017 Express

Existing Rail

Hunt 6

8 17

6

Hunt

Hunt

Collin 6

13 - Scyene Line

Collin

Collin

Denton

15 - IH 35W Express HIGH-INTENSITY 14 - Waxahachie Line BUS

16

Denton

7 14

14

9

Ellis

Kaufman Kaufman 14

Kaufman

Ellis

Johnson

Ellis

Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.

2005-2045 Population Growth Projections June 2018

Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.

June 2018

Projected 2005-2045 Population Growth 0-341 42-1,041 1,042-2,061 2,062-3,338 3,339-5,012 5,013-7,549 7,550-11,316 11,317-16,756 16,757-25,538 25,539-40,607

46

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


MAJOR ROADWAY RECOMMENDATIONS MAJOR ROADWAY RECOMMENDATIONS MAJOR ROADWAY RECOMMENDATIONS

New or Additonal Freeway Capacity New or Additonal Freeway Wise Capacity New or Additional Managed LaneorCapacity New Additonal Freeway New or Additional Managed Wise Capacity Lane Capacity New or Additional Toll Road Capacity New or Additional Managed New or Additional Toll Road Lane Capacity Capacity Staged Facility (Frontage Roads) Staged Facility (Frontage New or Additional Toll Road Roads) Capacity Asset Optimization Staged Facility (Frontage Asset Optimization Roads) Asset Optimization

Denton

Wise

Denton

Collin

Denton

Hunt Collin

Collin

Hunt

CONNECTIVITY | MOBILITY 2045

Freeway, Tollway, and HOV/Managed Lane Improvements

Hunt

Rockwall

Rockwall

Rockwall

DALLAS CBD

DALLAS CBD

Parker

DALLAS CBD

Hood Parker

FORT WORTH CBD

Hood FORT WORTH CBD

FORT WORTH CBD

Parker Hood

Tarrant

Tarrant

Johnson

Johnson

Dallas Tarrant

Dallas

Ellis Johnson

Dallas Kaufman

Ellis

Kaufman

Kaufman

Ellis

Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.

Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.

June 2018

June 2018

Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. June 2018

2005-2045 Employment Growth Projections Projected 2005-2045 Employment Growth 0-201

Source: North Texas Central Texas Council of Governments

202-471

2021

472-816 817-1,250 1,251-1,773 1,174-2,419 2,420-3,360 3,361-4,649 4,650-6,363 6,364-10,513

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

47


CONNECTIVITY | HIGH-TECH TRAVEL

High-Tech Travel

Right: Example of the type of High-Speed Rail planned for Texas; Below: Rendering of the planned high-speed rail train station terminal in Dallas

The Dallas Region is on the cutting edge of some of the world’s most innovative transportation solutions. These technologies will allow DFW to remain one of the leastcongested major cities in the world, now and far into the future. From deployment of tested and trusted high-speed rail technology, to design and testing of autonomous vehicles, Dallas continues to seek out more efficient, effective and sustainable transportation options for its residents and workers.

High-Speed Rail The Dallas-Fort Worth region is leading all domestic metros in the development of the first truly high-speed railroad in the U.S. Texas Central is building a 205-mph Dallas-Houston train line that will cut the current commute time from three to four hours by car to less than 90 minutes. Construction is expected to start once global financial markets stabilize and the federal approvals process is complete. It will spur multi-modal rail-station development and is predicted to boost transit ridership, car-sharing, and other transportation opportunities in both metros.

Train Station Proximity Map - Dallas Young

Dallas Farmers Market

Dallas City Hall

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Convention Center Station

‹S

D A L L A S H

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DALLAS

Kay Bailey Omni Dallas Hutchison Convention Center Dallas

St

45

Train Station Proximity Map - Dallas Cedars Station

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Dallas Farmers t Market tree S th in or C

Dallas D A City Hall RT L

St

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et

Proposed I-30 Deck Park

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St

Proposed Water Garden Proposed Odyssey DART Line

35E

Bu

lle

HSR Line

tL

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W

ay

Source: Texas Central

m

b

Tr

48

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Ri

Li

ve

r

Al

ity

ps co

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2021


Illustration: Andrey Suslov via iStock

Photo: Hillwoood

AllianceTexas Mobility Innovation Zone Hillwood’s AllianceTexas in north Fort Worth is home to the Mobility Innovation Zone (MIZ). The MIZ offers mobility companies full access to an unparalleled testing ecosystem, resources, and partnerships essential to comprehensively test, scale, and commercialize their technologies. Work in the MIZ is focused on the autonomous movement of freight and goods via air and surface.

Autonomous Vehicles, Drones, EVTOL’s Texas’ less restrictive regulations and the Dallas Region’s business-friendly environment have set the stage for the early adoption of autonomous technologies.

n In 2020, Dallas Fort Worth International Airport (DFW) introduced an EasyMile driverless shuttle service to seamlessly transport passengers from the remote south parking lot to the airport terminal.

n Most of the major autonomous trucking companies are operating in DFW, including Aurora, Kodiak Robotics, TuSimple, and Waymo. Aurora is testing its autonomous fleet, which features its FirstLight Lidar technology. In 2020, Kodiak Robotics, which operates out of Lancaster in Southern Dallas County, completed over 800 miles of driving on I-45 between Dallas and Houston without intervention from a safety driver.

n Dallas-Fort Worth has become a major player in the air taxi and electric vertical takeoff and landing (EVTOL) space. Bell, which is headquartered in Fort Worth, is building and testing its evtols here. Triumph Group partnered with Jaunt Air Mobility to design, develop, certify, and build a full-scale electric vertical takeoff and landing aircraft in Red Oak. Other manufacturers and operators, such as Hyundai Urban Air Mobility and Astro Aerospace, are also in the region.

n AT&T and Verizon have both begun wide-scale 5G technology deployments, a critical element for connecting vehicles of all types to one another and to the infrastructure that supports them.

n The FAA has granted the University of Texas at Arlington a Certificate of Authorization (COA) to fly in the airspace around their Riverbend Campus, giving researchers and affiliated faculty a unique venue for advancing the technology.

2021

The North Texas Center for Mobility Technologies (NTCMT) brings coordinated expertise of DFW research universities to tackle global mobility technology challenges. The center handles challenges in areas such as: autonomous vehicles, 5G, electric vertical takeoff and landing (EVTOL), electric motors, micro mobility, drones, Lidar, radar, machine vision, freight, drones, first mile, last mile, networking, network splicing, object avoidance, multi-modal, on-demand mobility, personal mobility, fuel cells, battery, motor controllers, route planning, and more. The center’s objectives include:

CONNECTIVITY | HIGH-TECH TRAVEL

Investing in Tomorrow’s Mobility Technologies Today

n Providing access to a cutting-edge research and development network of and for mobility companies, universities, not-for-profits, municipalities, and public agencies; n Attracting industry and academic talent to North Texas; n Developing transportation-related research capabilities within North Texas universities; n Facilitating communication and collaboration among North Texas universities in pursuit/execution of mobility related grants; n Facilitating university-public sector partnerships on transportation-related projects; n Facilitating mobility and transportation internships for workforce enhancement n Serving as a catalyst for building similar regional university networks. Organizations working with NTCMT use multi-university partnerships and leverage match funding to further the development of their mobility solutions. Seed funding from the North Central Texas Council of Governments (NCTCOG) and participating universities stretch research dollars. While there is no floor on project size, multiple awards are expected with a total ceiling of $2M per year.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

49


CONNECTIVITY | DIGITAL INFRASTRUCTURE

Digital Infrastructure

Connecting the World:

Major U.S. internet peering points

Dallas–Fort Worth is situated in a near-perfect geographic region for IT hosting and data center operations. North Texas is in the Central Time Zone, which is effective for companies operating on both coasts. And DFW offers plenty of land for massive data centers along with a temperate climate and lower construction and operation costs than other U.S. markets. Speed and reliability are important for any IT operation, and high-speed fiber connectivity is plentiful in the area. Compared to other peering-point cities, DFW offers some of the lowest power rates for large industrial users.

Seattle Minneapolis New York City Salt Lake City

Chicago Washington, D.C.

San Francisco San Jose Los Angeles

Atlanta

Phoenix Dallas / Fort Worth

Miami

North Texas’ central location in the U.S. is a significant attraction for data centers that service major companies and headquarters across financial services, energy, health care, and other sectors.

Crossroads of Communications

The Dallas-Fort Worth area is a crucial U.S. center for telecommunications firms.

Low Occurrence of Natural Disasters

The probability of a natural disaster in the North Texas region reduces operational risk considerably. The region is geographically dormant, and the likelihood of business disruption resulting from inclement weather remains low.

Availability of Network Providers Approximately 75 network providers operate in North Texas, including more than 40 fiber providers for business services. The concentration of fiber access and total bandwidth guarantees low latency and ensures redundancy.

50

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Texas Electric Power Grid – ERCOT The Texas electric power grid, ERCOT, gives data center operators a competitive advantage due to its independence from electric grids in other states. This autonomy reduces the risk of rolling power outages, improves reliability, and reduces volatility in prices.

2021


Dallas ranks #3 in global data center market size

121

190

--Cushman & Wakefield, 2021

183 12

75

635

30

CONNECTIVITY | DIGITAL INFRASTRUCTURE

35E

CONNECTIVITY | DIGITAL INFRASTRUCTURE

35W

30 360

820

20

Data Centers 175 Data Centers Clusters 45

35W

Dallas-Fort Worth is home to data centers of all types and sizes. The list below includes a sample of both colocation and enterprise data centers in the region.

The Telecom Corridor Located 15 miles north of downtown Dallas, the Telecom Corridor encompasses approximately 30 square miles. This includes the city of Richardson, the Texas Instruments campus and the west side of Waterview Parkway near the University of Texas at Dallas campus. The Telecom Corridor area is one of the most significant and unique hightech business concentrations in the United States. Various telecommunications industries are represented in the area, including: n Carriers/service providers n Telecom equipment manufacturers n Consulting firms n Wireless communications companies n Photonics/optics networking firms Companies located here include AT&T, Fujitsu, Cisco Systems, Verizon, and Metro by T-Mobile.

2021

2020 Live Oak 3000 Skyline Dallas AIG Ascent Data Centers Aligned Data Center Alpha Data Center Alpheus Fort Worth Ameritrade Associated Solutions, Inc AT&T Atlantic.Net Atlantic Metro Ascent LLC Atos Bank of America BCBS of Texas Carrier-1 CenturyLink Cisco Systems, Inc Citigroup Cogent Cologix ColoCrossing ColoGuys ColoMart Computer Sciences Corporation (CSC) CoreSpace, Inc. CoreXchange Cyberverse CyrusOne Cyxtera Technologies Dallas Data Center

Data Specialists, Inc DataBank Dataflow Services Digital Realty EarthLink EdgeCore Enterhost Equinix Evocative Evoque Data Centers Espenel, Inc Facebook First Data Corp Fiserv, Inc. Flexential Global IP Networks Google H5 Colo Horizon Data Center Solutions HP Enterprise Services IBM Ignite Technologies, Inc INAP Infomart Data Centers Internap JPMorgan Chase LBJ Data Center Level 3 Limestone Networks Lincoln Rackhouse LOGIX Fiber Networks MBNA Technology, Inc

Nationwide Internet Negma Business Solutions, Inc NeoSpire, Inc NTT Data Opus-3 Provision Data Services Quadranet Quality Technology Services Rackspace Raging Wire Secure One Data Solutions Serverphase SoftLayer SourceHOV Stack Infrastructure Stratus Computer, Inc Stream Data Centers SunGard T5 Data Centers, LLC TEL-X Dallas TierPoint Texas, LLC Unified Infrastructure Services Unifocus LP Union Datacom Vazata VeriCenter Verizon ViaWest Xerox XO Communications zColo

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

51


Welcome to the family. Allen is home to many businesses, and we’re proud of every single one. From our diverse, well-educated population to our business-friendly economic development corporation, we give the companies that call us home the tools they need to succeed. To find out if this is the family for you, visit AllenEDC.com.

The Place to Raise Your Business


Talent

Photo: ErinGilliat

Regional Population Demographics Migration Labor Supply Commuting Patterns Drive Times Worker Place of Residence Skills Development Higher Education Accolades Training, Colleges and Universities

900 LBS 2021

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

53


TALENT | REGIONAL POPULATION

Regional Population Dallas–Fort Worth is consitently ranked among the nation’s fastest-growing areas. Continuing job growth is a key factor for this increase. The population growth has, in turn, fueled real estate development as retailers and service providers expand to meet increasing demand. Population and job growth have pushed Dallas and Fort Worth to redevelop and re-energize their central business districts, creating mixed-use buildings with residential, office, and retail space in high-end urban environments. While Dallas and Fort Worth represent the largest population centers, five suburbs—Arlington, Plano, Garland, Irving and Frisco—have populations exceeding 200,000. These municipalities offer an abundance of housing options for people to seek out the community that best fits their needs.

Denton 141,541

McKinney 199,177

Frisco 200,490

Top 25 Cities in DFW by Population

Allen 105,623

Little Elm 53,126

Flower Mound 79,135

Plano 287,677

Lewisville 109,212

Carrollton 139,248

Richardson 121,323

Grapevine 55,281

North Richland Hills 70,670

Bedford 49,049

Euless 57,197

Rowlett 67,339

Garland 239,928

Irving 239,798

Dallas 1,343,573

Fort Worth 909,585 Arlington 398,854

Wylie 53,067

Mesquite 140,937

Grand Prairie 194,543

DeSoto 52,988 Mansfield 72,419

54

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2021


Ten Largest Metros in the U.S.

Hawaii 1,415,872

The Dallas-Fort Worth population is larger than the South Dakota Wyoming combined of North Dakota, Wyoming, Hawaii, North Dakota populations 884,659 578,759 762,062Dakota, M South  ontana, Vermont, Maine, and Alaska.

+

+

+

Hawaii 1,415,872 North Dakota 762,062

+

Vermont Wyoming 623,989 578,759 Maine 1,338,404 1,344,212

+

Montana 1,068,778

South Dakota Alaska 884,659

+

+

Vermont 623,989

+

Montana 1,068,778

+

+

731,545

+

Maine 1,338,404 1,344,212

Alaska 731,545

+

Combined Population: 7,409,876

County populations of the Dallas-Fort Worth MSA

Wise 69,984

Denton 887,207

Wise

Collin 1,034,730

Denton

Hunt 98,594

Collin

Parker 69,984Tarrant 887,207Dallas1,034,730 Hunt Rockwall 142,878 2,102,515 2,635,516 98,594 104,915 Kaufman 136,154 Parker Tarrant Johnson 142,878 2,102,515

175,817

Johnson 175,817

Dallas

Ellis 2,635,516 184,826

Kaufman 136,154

2019 population

2010-2019 percent change

New YorkNewark-Jersey City, NY-NJ-PA

19,216,182

1.5%

Los AngelesLong BeachAnaheim, CA

13,214,799

2.9%

ChicagoNaperville-Elgin, IL-IN-WI

9,458,539

-0.1%

DallasFort WorthArlington, TX

7,573,136

18.5%

Houston-The WoodlandsSugar Land, TX

7,066,141

18.8%

WashingtonArlingtonAlexandria, DC-VA-MD-WV

6,280,487

10.6%

Miami-Fort Lauderdale-West Palm Beach, FL

6,166,488

10.4%

PhiladelphiaCamdenWilmington, PA-NJ-DE-MD

6,102,434

2.2%

AtlantaSandy SpringsRoswell, GA

6,020,364

13.5%

BostonCambridgeNewton, MA-NH

4,873,019

6.7%

Metropolitan Statistical Area

Rockwall 104,915

Ellis 184,826

Combined Population: 7,573,136

TALENT | REGIONAL POPULATION

Dallas-Fort Worth By the Numbers

Components of Population Change: July 1, 2018 to July 1, 2019 Sources: US Census Bureau, US Dept of Commerce, NCTCOG

Metropolitan Statistical Area Atlanta

Total Population Change

Population Change Percentage

75,061

1.26%

Net migration

Vital events Natural increase

Births

Deaths

Total

International

31,449

72,487

41,038

43,584

12,541

Domestic

31,043

Boston

13,483

0.28%

12,428

50,726

38,298

1,139

24,391

-23,252

Chicago

-25,619

-0.27%

33,924

108,425

74,501

-59,693

15,257

-74,950

Dallas-Fort Worth

117,380

1.57%

50,600

97,911

47,311

66,665

20,064

46,601

Houston

89,994

1.29%

52,016

95,261

43,245

37,893

30,746

7,147

-35,080

-0.26%

59,687

149,369

89,682

-94,938

27,228

-122,166

22,651

0.37%

14,384

67,565

53,181

8,204

58,819

-50,615

-60,462

-0.31%

76,764

228,660

151,896

-137,415

58,630

-196,045 -10,044

Los Angeles Miami New York Philadelphia Phoenix San Francisco Washington DC

2021

11,226

0.18%

10,873

68,207

57,334

675

10,719

98,994

2.04%

20,937

57,290

36,353

77,664

6,007

71,657

5,489

0.12%

17,174

50,140

32,966

-11,590

19,996

-31,586

32,646

0.52%

39,384

78,147

38,763

-6,771

22,977

-29,748

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

55


TALENT | DEMOGRAPHICS

Demographics Demographics in the Dallas–Fort Worth region continue to change. Nearly 19 percent of the population is foreign-born, with Hispanics accounting for the largest minority group in the region and state. Additionally, the region’s workforce is relatively young and well educated. More than 60 percent of workers 25 years of age and older have at least some college education, with nearly a third holding a bachelor’s degree or other advanced degree.

In the Dallas-Fort Worth area, more than

1,181,071 residents

11,250,000

were added from 2010 to 2019.

or more will live in DFW by 2045

322 people per day were added to the Dallas-Fort Worth region in 2019.

Sources: US Census Bureau, US Dept of Commerce, NCTCOG

Total Population:

7,573,136 56

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2021


Foreign-Born Population

World Region Of Birth Of Foreign Born

FOREIGN BORN

RACE/ ETHNICITY LABOR FORCE

[Occupations of persons 16 and older]

EDUCATION

Photos: IstockPhoto

[Persons 25 and older]

2021

HOUSEHOLD INCOME

TALENT | DEMOGRAPHICS

AGE

0-19 Years 28.8% 20-34 21.5% 35-54 Years 27.6% 55-74 Years 18.0% 75+ Years 4.2% Median Age 34.8

18.7%

Europe 4.2% Asia 28.5% Africa 7.9% Oceania 0.3% Latin America 58.0% Northern America 1.1%

White 46.0% Black or African American 15.5% Asian 6.8% Other 2.7% Hispanic 28.9%

Management, Business, Science, and Arts Occupations

39.5%

Service Occupations

15.3%

Sales and Office Occupations

22.8%

Natural Resources, Construction, and Maintenance Occupations

9.5%

Production, Transportation, and Material Moving Occupations

12.9%

Less than 9th Grade 9th to 12th grade, no diploma High School Graduate/GED Some College/No Degree Associate’s Degree Bachelor’s Degree Graduate/Professional Degree

7.2% 7.2% 22.3% 21.1% 7.0% 23.0% 12.2%

Average Household Size 0 - $34,999 $35,000 - $74,999 $75,000 - $149,999 $150,000 + Median Household Income

2.83 23.1% 29.8% 29.9% 17.2% $70,281

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

57


TALENT | MIGRATION

Seattle

Migration Patterns Domestic migration patterns illustrate worker flow within states and throughout the nation. As can be seen with this map, individuals come to DFW from all parts of the country. The reasons why they relocate range from quality of life, to employment prospects, to overall business climate.

San Francisco Boston

New York

1,000 to 6,999

Denver 4,000 to 9,999

delphia

hington

m

San Jose Riverside

10,000 to 19,999

20,000 to 49,999

Los Angeles

San Diego

Phoenix

50,000 and above

San A

In-Migration to DFW from other major metro areas: 2015 - 2019 Geography

In-Migration

In-Migration

●  Houston-The Woodlands-Sugar Land, TX

89,575

●  Miami-Fort Lauderdale-West Palm Beach, FL

16,290

●  Los Angeles-Long Beach-Anaheim, CA

55,265

●  San Francisco-Oakland-Hayward, CA

15,330

●  San Antonio-New Braunfels, TX

44,250

●  San Diego-Carlsbad, CA

14,535

●  Austin-Round Rock, TX

44,040

●  Denver-Aurora-Lakewood, CO

14,495

●  New York-Newark-Jersey City, NY-NJ-PA

33,495

●  Chicago-Naperville-Elgin, IL-IN-WI ●  Phoenix-Mesa-Scottsdale, AZ ●  Atlanta-Sandy Springs-Roswell, GA

28,710 20,230 17,695

●  Washington-Arlington-Alexandria, DC-VA-MD-WV 16,960

58

Geography

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

●  San Jose-Sunnyvale-Santa Clara, CA ●  Minneapolis-St. Paul-Bloomington, MN-WI

11,365 10,950

●  Seattle-Tacoma-Bellevue, WA

9,635

●  Orlando-Kissimmee-Sanford, FL

8,160

●  Boston-Cambridge-Newton, MA-NH

7,750 2021


Minneapolis Chicago

Detroit

New York Pittsburgh

TALENT | MIGRATION

Boston

1,000 to

4,000 to

Philadelphia Washington Durham

Raleigh Charlotte

10,000 to

20,000 to

Atlanta

50,000 an

Orlando Tampa Houston

Antonio

Austin Miami Geography

In-Migration

●  Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

7,515

●  Tampa-St. Petersburg-Clearwater, FL

7,390

●  Riverside-San Bernardino-Ontario, CA

7,085

●  Detroit-Warren-Dearborn, MI

6,855

●  Pittsburgh, PA

5,245

●  Charlotte-Concord-Gastonia, NC-SC

4,455

●  Durham-Chapel Hill, NC

2,225

●  Raleigh, NC

1,120 Source: PUMS Data, U.S. Census Bureau

2021

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

59


TALENT | MIGRATION

Inbound Migration Maps The Dallas-Fort Worth region grew faster than any other major U.S. metro between 2015 and 2019. A primary driver fueling that growth has been people moving into the region from domestic metropolitan areas. Newcomers generally comprise 40 percent of the region’s population increase. DFW’s population surge reflects the growth of Texas. Forbes writes that Texas’ strong job market sustains the state’s vibrant population growth. Since the 2010 census, Texas has added 14.9 percent to its population, nearly two and one-half times California’s growth rate of 5.9 percent. The U.S. grew by 6.1 percent over the same period. Each year Dallas-Fort Worth attracts approximately 90,000 individuals who possess a bachelor’s degrees or higher. Arguably, the only way to lure such a workforce is by offering good jobs that pay well, with excellent corporate cultures, or an environment conducive to starting a business.

About the Maps

Total Domestic Migration into DFW 2015-2019 Legend Number of People 0-11,915

11,916-17,185

17,186-22,600

22,601-28,435

28,436-35,755

35,756-45,050

45,051-66,625

Relocating from the New York Metro to DFW 2015-2019

The U.S. Census Bureau collects monthly survey data from 3.5 million households regarding commute times, jobs, wages, educational levels, and other information. The resulting Public Use Microdata Samples (PUMS) offer an anonymous snapshot of the people living in the United States. Coupled with Public-Use Microdata Areas (PUMAs)— geographies that have populations of between 100,000 and 400,000 people— researchers can determine migration trends over a given timeframe. Using 2015-2019 PUMS data, the Dallas Regional Chamber was able to determine in-migration patterns, both the place of origin, and equally important, where people are moving once they get to DallasFort Worth.

60

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Legend Number of People 0-110

111-345

346-535

536-825

826-1,240

1,241-2,125

2,126-4,500

2021


Relocating from the Chicago Metro to DFW

Legend

0-160

906-1,875

0-65

496-710

161-370

1,876-2,765

Legend

Number of People

711-1,285

371-655

2,766-4,770

Number of People

66-185 186-335

1,286-2,295

2015-2019

2015-2019

656-905

336-495

Relocating from the Bay Area to DFW

Relocating from the Boston Metro to DFW

2015-2019

2015-2019

Legend

0-30

836-1,445

Number of People

31-175

1,446-2,490

176-315

2,491-3,865

316-835

2021

TALENT | MIGRATION

Relocating from the Los Angeles Metro to DFW

Legend

0-19

236-425

Number of People

20-75

426-665

76-135

666-1,025

136-235

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

61


TALENT | LABOR SUPPLY

Employers in Dallas and Fort Worth draw from a well-educated and skilled workforce throughout the 11-county region. A robust network of interstate highways, state highways, tollways, and public transit options makes it easy for workers to navigate the area, while keeping commute times low for major employment centers in and around the Dallas-Fort Worth central business districts. The region’s relatively low cost of living allows employers to tap into a strong workforce, no matter where they base their operations. For employees, the wide distribution of jobs means they can select from a variety of communities in which to live and enjoy the lifestyle that best fits their needs—whether the preference is a well-established neighborhood, a new, fast-growing community, or a small town in a rural setting. Seventy-three percent of the region’s 7.6 million residents are of working age. From this base, employers can tap into a total civilian labor force of 4 million people, a workforce size surpassed only by the much larger Chicago, Los Angeles, and New York metro areas.

Major Employment Centers

with distance and direction of worker commute ALLIANCE

FORT WORTH DOWNTOWN

N

NW

N

NW

NE

TOTAL JOBS: W

4800

E

1600

24,500

4200

SE

SW

% of Workers

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

30.7% 39.0% 17.7% 12.6%

S Distance to Job        

DALLAS NORTH TOLLWAY

W

18000 30000

E

TOTAL JOBS:

140,777

W

12000 20000

SE

SW

% of Workers

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

33.2% 41.6% 10.2% 15.1%

       

The U.S. Census Bureau pairs home/work census blocks to describe geographic patterns related to the workforce. Mapping commuter flows, for example, can help employers determine where potential workers live, as well as how far they might be willing to travel for work. Radar images dynamically communicate several important aspects about worker commute patterns. Using Dallas Downtown-Uptown as an employment center example, the radar indicates primary and secondary cardinal directions from which a worker travels to a job, and the distance traveled as determined by the color of each pie piece. The size of each pie piece indicates the volume of workers who commute from that direction and distance as indicated by the dashed concentric circles marked in hundreds or thousands of people. For instance, the greatest number of downtown workers live north of Dallas, while the greatest percentage (44.4 percent) reside between 10 to 24 miles away.

62

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

W

10800 18000

E

TOTAL JOBS:

77,199

W

12000 20000

SE % of Workers 44.1% 32.7% 12.7% 10.5%

       

S Distance to Job        

% of Workers

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

29.9% 46.3% 11.7% 12.1%

N

E

TOTAL JOBS:

80,626

SE

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

SE

NW

NE

SW

99,571

GREAT SOUTHWEST

N

2800

TOTAL JOBS:

E

4000

S Distance to Job

LBJ CORRIDOR

8400 14000

23.5% 51.2% 8.8% 16.5%

NE

SW

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

W

% of Workers

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

N

3600

NW

SE

NW

S Distance to Job        

115,197

DFW AIRPORT NORTH NE

SW

TOTAL JOBS:

E

4000

S Distance to Job

N

NW

NE

SW

S Distance to Job

40.0% 36.4% 13.1% 10.4%

N

NW

NE

6000

% of Workers

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

LAS COLINAS

N

NW

SE

SW

S Distance to Job

       

40,297

E

1400

7000

8000

       

TOTAL JOBS: W

LEGACY

Radar charts explained

NE

W

8400 14000

NE

SW % of Workers 35.2% 40.3% 10.5% 14.0%

S Distance to Job        

E

2800

TOTAL JOBS:

82,934

SE

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

% of Workers 34.5% 42.7% 11.4% 11.4%

2021

Source: U.S. Census Bureau, Center for Economic Studies (data based on 2015 employment estimates)

Labor Supply


Total Population per sq 1/4 Mile

Population Density

180- 467

468- 826

827- 1,221

1,222-1,651

1,652-2,298 2,299-3,446 3,447-9,155

TALENT | LABOR SUPPLY

Where People Live

377

DALLAS DOWNTOWN-UPTOWN

TELECOM CORRIDOR

N NW

W

21000 35000

NW

NE

E

7000

TOTAL JOBS:

148,032

S

Distance to Job        

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

2021

W

8400 14000

% of Workers 30.1% 44.4% 12.2% 12.6%

E

2800

S Distance to Job        

N NW

NE

SW

SE

SW

SOUTHERN DALLAS INLAND PORT

N

TOTAL JOBS:

84,057

SE

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

W

2100

NE

3500

SW % of Workers 42.0% 37.0% 11.3% 9.7%

E

700

S Distance to Job        

TOTAL JOBS:

17,062

SE

Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles

% of Workers 34.5% 32.6% 15.7% 17.1%

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

63


TALENT | COMMUTING PATTERNS

Commuting Patterns Getting around the Dallas–Fort Worth region is easy, thanks to a well-developed network of interstate freeways, state highways, tollways, and public transit options connecting job centers to fast-growing communities. That’s good news for employers as it allows them to draw from a large base of skilled workers. It’s also good for workers, who can choose from a variety of communities in which to live. In Dallas and Tarrant counties, the vast majority of workers live and work in the same county. Though these two counties also serve as the region’s biggest magnets for workers, the surrounding counties maintain strong job bases of their own to support the community.

County-to-County Worker Flow Wise 58%

9%

Denton 49%

12%

Collin 59%

5% 9% 30%

2%

6%

25%

Parker 49%

42%

19%

Hood 65%

6%

Tarrant 79%

Dallas 84%

16%

41% 5%

7%

35%

8%

35%

Ellis 54%

Johnson 48% Somervell 63%

% 64

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Live and work in the same county

%

Travel out of county for work

Source: U.S. Census Bureau, American Community Survey 2012-2016 Five-year estimates. Special Tabulation: Census Transportation Planning

2021


TALENT | COMMUTING PATTERNS

84%

of all workers living in Dallas County work in Dallas County, and 6% commute to (992,075 people) Tarrant County. Getting to Work

Means of transportation (Workers 16 and Over) 7%

Hunt 64%

16%

Public transportation

Taxicab, motorcycle, or other means

(excluding taxicab)

1.3%

Walked

1.2%

1.1%

Bicycle

0.2%

9%

Worked at home

6.6%

8%

46%

Rockwall 36%

Car, truck, or van

89.7%

Drove alone

46%

Kaufman 43%

Workers per car, truck, or van:

1.06 80.4%

Carpooled 9.4%   In 2-person carpool 6.9%   In 3-person carpool 1.2%   In 4-or-more person carpool 1.2%

Source: US Census Bureau, 2019 American Community Survey 1-Year Estimates

Average commute time: 28.6 minutes 2021

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

65


TALENT | DRIVE TIMES

Drive Times It’s common to work in one part of the Dallas-Fort Worth area and live in another. It’s only a matter of getting from point A to point B. More than 90 percent of people who commute to work here do so by car, truck, or van. It’s easy thanks to our well-developed network of interstate freeways, state highways, and tollways connecting job centers to our fastgrowing new communities. The following maps—based on morning rush hour— will provide an estimate of how long a commute will take.

HWY 190 and HWY 75

Downtown Dallas

66

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2021


TALENT | DRIVE TIMES

HWY 121 & Dallas North Tollway

Dallas Fort Worth International Airport

Denton

Southern Dallas

Downtown Fort Worth

Travel Time 15 Minutes

30 Minutes

45 Minutes

60 Minutes

75 Minutes

90 Minutes

105 Minutes

120 Minutes Source: North Central Texas Council of Governments 2021

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

67


TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

HQ Executive and Managerial Occupations General and operations managers comprise nearly half of all 138,000 professionals in this occupation group in Dallas-Fort Worth. Other executives include C-level occupations, sales managers and financial managers.

Legend Number of HQ/Executive Management Workers 0-11 12-34 36-60 61-106 107-216

Each dot represents the number of HQ/executive management workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.

Legend: Occupation Jobs  |  Median hourly earnings

68

Chief Executives 4,253 | $92.66

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

General and Operations Managers 65,822 | $52.13

Computer and Information Systems Managers 11,365 | $73.87

Financial Managers 17,794 | $68.12

Human Resources Managers 3,562 | $59.95

2021


Back Office Support

The Dallas-Fort Worth region’s back office support workers are dispersed across North Texas. Back office support, in this context, describes workers who keep the day-to-day functioning of the organization running smoothly. Occupations in this group include general managers to office clerks and HR specialists to administrative assistants. There are more than 650,000 such jobs in the region.

TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Legend Number of Back Office Support Workers 0-53 54-157 158-274 275-464 465-852

Each dot represents the number of back office support workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Human Resources Specialists 17,819 | $30.55

2021

Computer User Support Specialists 23,390 | $23.12

First-Line Supervisors of Office and Administrative Support Workers 40,617 | $28.07

Bookkeeping, Accounting, and Auditing Clerks 45,419 | $20.60

Executive Secretaries and Executive Administrative Assistants 12,104 | $28.87

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

69


TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Engineering

The lion’s share of individuals in the engineering occupation group are the 34,000-plus professionals who develop apps and software. Others titles (and the number of workers in their field) in this category are as follows: industrial engineers (more than 7,000); mechanical engineers (6,000); and electrical engineers (5,000). More than 125,000 work in this occupation group in Dallas-Fort Worth.

Legend Number of Engineering Workers 0-10 11-30 31-54 55-92 93-171

Each dot represents the number of engineering workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.

Legend: Occupation Jobs  |  Median hourly earnings

70

Computer Network Architects 5,618 | $60.76

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Aerospace Engineers 3,192 | $62.10

Electrical Engineers 4,372 | $49.33

Industrial Engineers 7,392 | $46.61

Mechanical Engineers 6,157 | $45.37

2021


IT/Computer

Workers who fall into the IT/Computer occupation group work in every industry in the Dallas-Fort Worth region. Nearly 160,000 people hold jobs related to keeping the business community’s digital infrastructure running 24/7. In addition to software developers who comprise the majority of occupations in this group, there are increasing demands for information security analysts, computer systems analysts and computer and information systems managers.

TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Legend Number of IT/Computer Workers 0-13 14-41 42-76 77-135 136-281

Each dot represents the number of IT/computer workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Computer and Information Systems Managers 11,365 | $73.87

2021

Information Security Analysts 4,656 | $53.54

Software Developers, Applications 51,998 | $52.56

Computer Network Support Specialists 5,433 | $36.22

Computer Occupations, All Other 12,179 | $44.82

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Financial Services

It should be no surprise that accountants and auditors comprise a large number of individuals employed in the financial services workforce in DallasFort Worth. More than 44,000 people with those job titles work in DFW. Another 45,000 workers are employed as bookkeeping, accounting and auditing clerks in the region. Other occupations in this category include bill collectors, tellers, financial managers and credit counselors. All told, this occupation group employs more than 215,000 professionals in the region.

Legend Number of Financial Services Workers 0-19 20-58 59-108 109-205 206-449

Each dot represents the number of financial services workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across DallasFort Worth.

Legend: Occupation Jobs  |  Median hourly earnings

72

Financial Managers 17,794 | $68.12

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Accountants and Auditors 44,257 | $37.04

Budget Analysts 1,355 | $36.75

Financial Analysts 18,320 | $38.65

Loan Officers 9,174 | $35.46

2021


Health Care

Registered nurses comprise the largest portion of individuals employed in this occupation group in the Dallas-Fort Worth region. More than 60,000 individuals share that occupation, accounting for roughly a fifth of the 327,000 workers in the health care occupations group. Other occupations include medical service managers, therapists, health care technicians, and health support workers.

TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Legend Number of Health Care Workers 0-23 24-69 70-122 123-210 211-392

Each dot represents the number of health care workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Pharmacists 6,851 | $59.78

2021

Physicians and Surgeons, All Other 8,979 | $94.54

Physical Therapists 4,875 | $44.11

Registered Nurses 62,423 | $36.35

Medical Records and Health Information Technicians 7,986 | $20.21

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

73


TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Skilled Manufacturing

Dallas-Fort Worth’s skilled manufacturing workers are employed in a wide variety of industries, from auto manufacturing to eyeglass assembly. Occupations in this sector include computer-controlled machine tool operators, inspectors, testers, sorters, and electrical assemblers. More than 60,000 individuals are employed in this sector in DFW.

Legend Number of Skilled Manufacturing Workers 0-4 5-13 14-23 24-39 40-75

Each dot represents the number of skilled manufacturing workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.

Legend: Occupation Jobs  |  Median hourly earnings

74

Electrical and Electronics Engineering Technicians 3,189 | $31.35

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Industrial Engineering Technicians 2,053 | $32.55

Computer Numerically Controlled Machine Tool Programmers 816 | $28.64

Machinists 6,261 | $20.17

Welders, Cutters, Solderers, and Brazers 9,673 | $19.00

2021


Assembly & Manufacturing More than 90,000 workers are employed in this occupation group in Dallas-Fort Worth. Their specialties include first-line supervisors of production and operating workers (13,000 workers have this title). Assemblers, production workers and helpers also fall under this occupation segment.

TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Legend Number of Assembly & Manufacturing Workers 0-6 7-17 18-29 30-49 50-98

Each dot represents the number of assembly and manufacturing workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

First-Line Supervisors of Production and Operating Workers 13,484 | $29.62

2021

Electrical and Electronic Assemblers, Except Coil Winders, Tapers, and Finishers 10,972 | $16.29

Assemblers and Fabricators, All Other, Including Team Assemblers 29,658 | $14.12

Helpers/ Production Workers 10,160 | $12.81

Production Workers, All Other 3,253 | $13.44

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

75


TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Distribution & Logistics

Nearly 750,000 workers in Dallas-Fort Worth belong to this occupation group, reflecting the region’s central U.S. location and strong logistics connections via air, road and rail. Clerks, drivers, package handlers and customer service reps make up the majority of occupations in this group.

Legend Number of Distribution & Logistics Workers 0-53 54-154 155-262 263-430 431-829

Each dot represents the number of distribution and logistics workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.

Legend: Occupation Jobs  |  Median hourly earnings

76

Transportation, Storage, and Distribution Managers 4,547 | $46.10

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Logisticians 6,249 | $35.05

Inspectors, Testers, Sorters, Samplers, and Weighers 14,839 | $18.21

Heavy and TractorTrailer Truck Drivers 67,343 | $22.11

Hand Packers and Packagers 12,773 | $12.12

2021


High Tech

Jobs in this occupation category vary widely in function and span across all industries. Software developers comprise the largest share of jobs in this group in Dallas-Fort Worth. Other positions include engineers, scientists, technicians, and researchers of all types. Nearly 250,000 workers are employed in this occupation group in the region.

TALENT | WORKER PLACE OF RESIDENCE

Worker Place of Residence by Occupation Group

Legend Number of High Tech Workers 0-19 20-60 61-109 110-189 190-380

Each dot represents the number of high tech workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Computer Systems Analysts 19,762 | $45.14

2021

Network and Computer Systems Administrators 12,521 | $42.51

Operations Research Analysts 4,265 | $40.49

Architectural and Civil Drafters 4,047 | $26.82

Semiconductor Processing Technicians 2,093 | $17.74

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

77


TALENT | SKILLS DEVELOPMENT

A Snapshot of Regional Skills Development Institutions focusing on enhancing workforce skill sets across Dallas-Fort Worth are ready to work with companies to support their growing talent needs. Skills development, apprenticeships, and access to other training programs for developing highly skilled and productive employees are provided through area community colleges, workforce boards, and other non-profit and quasi-governmental organizations. Wherever a company locates within the region, they will find many resources to help them grow.

Skills Development Fund

Examples: A transportation and warehousing, and manufacturing consortium, including FFE Transportation Services, KLLM Transport Services, Lone Star Aerospace, Syncreon America, and WNA Cups Illustrated, partnered with Dallas College Cedar Valley Campus to provide job training using a $1,282,202 Skills Development Fund grant in 2018.

This successful state grant program offers businesses, consortia of businesses, or trade unions an opportunity to identify a training need and then partner with a public community or technical college to fulfill it. Businesses work with college partners to submit proposals, develop curricula, and conduct training. The Skills Development Fund pays for the training, the college administers the grant, and businesses create new jobs and improve the skills of their current workers. skills.texasworkforce.org

n  This grant was used to provide custom training to 859 new and incumbent workers for industry-related topics with focused instruction on transportation & warehousing and manufacturing. Trainees included corporate safety engineers, drivers and help desk technicians Thomson Reuters partnered with Dallas College Brookhaven Campus to provide job training using a $455,400 Skills Development Fund grant in 2018. n  This grant was used to provide custom training to 245 new and incumbent workers in the IT industry. The newly developed curriculum also benefited other IT businesses in the area, as well as other colleges. Trainees included administrative assistants, website developers, business operations analysts, and project managers.

Workforce Development Three workforce development boards serve residents and companies across the Dallas-Fort Worth region. Companies can use their services to find, hire, train, and retain skilled workers. WorkInTexas. com, is a free service for job postings and applicant screening. Workforce offices will work with employers to create customized hiring events, build skills training programs, and provide labor market data, as well as provide child care and transportation services for job seekers. Workforce Solutions Greater Dallas www.wfsdallas.org

Workforce Solutions North Central Texas Wise County

Denton County

Workforce Solutions for Tarrant County Palo Pinto County

Parker County Hood County

Erath County

Workforce Solutions for Tarrant County www.workforcesolutions.net

Tarrant County Johnson County

Collin County

Workforce Solutions Greater Dallas

Rockwall County

Hunt County

Dallas County Ellis County Kaufman County

Somervell County

Navarro County

Workforce Solutions North Central Texas www.dfwjobs.com

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Area community colleges can work with companies of all sizes to customize training programs and curriculum to meet their workforce needs. Dallas College includes seven independently accredited campuses — Brookhaven, Cedar Valley, Eastfield, El Centro, Mountain View, North Lake, and Richland. Since 1965, Dallas College has served over three million people, making it one of the largest community college systems in Texas. Tarrant County College (TCC) has six campuses and approximately one in every 22 Tarrant County residents takes a TCC class each year. Collin College attracts over 55,000 students annually to its 100-plus degree programs and certificates across 10 campuses. North Central Texas College (NCTC) is the state’s oldest continuously operating two-year college and operates five campuses. Texas State Technical College (TSTC) is a statewide college system with 10 campuses throughout the state.

TALENT | SKILLS DEVELOPMENT

Community Colleges

Dallas College (and every community college and technical school in Texas) has initiated a partnership with Amazon Web Services (AWS) to offer an associate of applied science degree in cloud computing. Students will be introduced to cloud computing technologies such as gaming, artificial intelligence, and medical applications. In January 2018, Google started an IT support professional certificate program at Dallas College to prepare students and workers for entry-level roles in information technology support in six months without prior training. The program features five modules designed to teach the key areas of knowledge needed for entry-level IT positions, including technology support and computer networking.

Collin College opened its $179 million, 340,000 square-foot Technical Campus in September 2020. The facility will serve more than 4,000 students and will offer degrees and certificates ranging from architecture and construction to engineering technology and manufacturing.

Tarrant County College (TCC) Corporate Solutions & Economic Development, a division of TCC that provides customized training to businesses across the region, helped Dannon Yogurt upgrade workers’ skills. Professional instructors use industry-standard curricula or work with company representatives to develop unique training in areas such as computer skills, management and leadership, language, safety, and industry-specific technical training. “Every aspect of the training was tailored for our specific needs. With this training, we have been able to grow capabilities of our operators and mechanics, allowing them to better run the equipment,” said Marlon Provo, maintenance manager for the Dannon Company.

Tarrant County voters passed an $825 million bond proposal to improve, renovate, and enhance workforce technology across the six Tarrant County College (TCC) campuses.

The Texas State Technical College in North Texas is a 100,000 square foot campus that houses many advanced workforce programs and state-of-the-art labs. Programs include: n  Computer Aided Drafting & Design Technology n  Computer Networking & Systems Administration n  Cybersecurity

2021

n  Diesel Equipment Technology n  Electrical Power & Controls n  HVAC Technology n  Industrial Systems-Electrical Specialization

n  Precision Machining Technology n  Welding

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

79


TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

Higher Education Accolades In many ways the the Dallas-Fort Worth region is the intellectual capitol of Texas. The Dallas Region’s 70-plus accredited universities and colleges provide the intellectual horsepower to drive one of the nation’s most diverse economies. To do so, students, faculty, and other academics engage in a wide range of studies, from tackling core curricula to honing nanotechnology. The University of North Texas at Denton, the University of Texas at Dallas, and the University of Texas at Arlington are among Texas’ seven “emerging research” universities in the Dallas Region, a greater concentration than any other Texas region. UT Southwestern Medical Center, meanwhile, is among the nation’s best in biology and biochemistry research, resulting in numerous clinical breakthroughs and innovations, as well as six Nobel Laureates.

Fastestgrowing Doctoral Universities in the U.S.

#2 #3 #11

#1 in the World: UT Southwestern Medical Center is the only academic medical center in the world to serve as home to six Nobel Laureates

#6 in the U.S.: 72 percent of DFW higher ed graduates stay and work in the region; the sixth highest retention rate in the U.S.

#9

Computer Science Undergraduate Degrees in the U.S.

Fastest-growing public university in Texas

#1 in Texas: DFW has more Carnegie R-1 (very high research) universities than any other Texas metro

#1 Region in Texas for higher ed enrollment and degree completion: 23% of all students in Texas are enrolled in a DFW college or university. 24% of all degrees completed annually in Texas come from a DFW college or university. That’s more than any other region in the state.

“The area still attracts business and financial services companies, which have reached a critical mass and can draw on a network of necessary support services. Overall growth is buoyed by a well-educated population, a competitive cost structure and the U.S. economy’s strength.” — Federal Reserve Bank of Dallas study, “At the Heart of Texas”

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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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“We took a problem that we didn’t think was solvable. We figured we might have some fun with this and make these students really frustrated. But … they came back with an answer.” — Worlds’ CEO, Dave Copps, speaking of the University of Texas at Dallas’ Design Capstone program

— Dr. Victor Fishman, Executive Director of the Texas Research Alliance

TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

“The theoretical nature of higher education often creates natural partnerships with cutting-edge industries. The inverse is true as well. The translation into curriculum of research at the frontiers of science, technology, engineering, math and management makes higher education institutions ideal partners for problem-solving across all industries.”

Top 100 in the Nation: UNT Has 19 programs ranked in the top 100 in the nation, according to U.S. News & World Report

#1 in the World for Faculty Quality — The Economist

#4 Grad School for Game Design

“The culture of genuine partnership, collaboration and openness to new ideas sets DFW apart in the nation.”

— The Princeton Review (2020)

— Dallas Regional Chamber Higher Education Review

$67.4 billion: Economic activity in the region comes from graduates of DFW institutions, totaling 15% of the total regional economy — 2019 Perryman Group Study

TWU is 1 of 6 institutions in the U.S. offering a Ph.D. in Physical Therapy, the only Texas institution to offer the program. 2021

#1 Four-year Institution for Veterans — Military Times

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

81


TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

Training, Colleges, and Universities

Higher Education A wide array of universities and colleges attract students from all over the world.

The Dallas–Fort Worth region offers a variety of public and private educational opportunities with robust programming in life sciences, engineering, and the arts. The University of North Texas at Denton, the University of Texas at Dallas, and the University of Texas at Arlington are among Texas’ eight “emerging research” universities. These schools are expanding program capabilities and funding in pursuit of remaining at the top end of research institutions as defined by the Carnegie Classification methodology. UT Southwestern Medical Center is among the nation’s top in biology and biochemistry research, boasting countless clinical breakthroughs and innovations.

TEXAS WOMAN’S UNIVERSITY WEATHERFORD COLLEGE (WISE COUNTY)

UNIVERSITY OF NORTH TEXAS

TARRANT COUNTY COLLEGE (NORTHPORT)

TARRANT COUNTY COLLEGE (NORTHEAST)

WEATHERFORD COLLEGE (MINERAL WELLS)

UNIVERSITY OF TEXAS AT ARLINGTON RESEARCH INSTITUTE UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE CENTER TCU AND UNTHSC SCHOOL OF MEDICINE

TARRANT COUNTY COLLEGE (TRINITY RIVER) UNIVERSITY OF TEXAS AT ARLINGTON (FORT WORTH) WEATHERFORD COLLEGE TCU (TEXAS CHRISTIAN UNIVERSITY)

12

14

TEXAS A&M COLLEGE OF LAW

TERRELL SCHOOL OF TARLETON STATE

7

10

SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY

Community College Districts

TEXAS WESLEYAN UNIVERSITY

ARLINGTON BAPTIST UNIVERSITY

TARRANT COUNTY COLLEGE (SOUTH)

2020 Enrollment 69,210 57,856 35,537 8,197 7,154 5,662 5,454 189,070 WEATHERFORD COLLEGE (GRANBURY)

The Texas Workforce Commission provides funding for Continuing Education (CE) courses within the community college system. A total of 5,133 students enrolled in CE courses in the districts and colleges listed above in Fall 2020.

TARLETON STATE UNIVERSITY-FORT WORTH

HILL COLLEGE (BURLESON)

Source: Texas Higher Education Coordinating Board

Dallas College Tarrant County College Collin College North Central Texas Community College District Navarro College Trinity Valley Community College Weatherford College DFW Total Community College Students

SOUTHWESTERN ADVENTIST UNIVERSITY

Private University

HILL COLLEGE (JOHNSON COUNTY)

Public University Community College

HILL COLLEGE (GLEN ROSE)

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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

4

NORTH C TEXAS C (FLOWE

TARRANT COUNTY COLLEGE (CORPORATE TRAINING CENTER)

Institution

2

2021

1


6 TEXAS A&M UNIVERSITY COMMERCE

COLLIN COLLEGE (CENTRAL PARK)

UNIVERSITY OF NORTH TEXAS AT FRISCO (INSPIRE PARK) COLLIN COLLEGE (TECHNICAL CAMPUS) COLLIN COLLEGE (PRESTON RIDGE)

NORTH CENTRAL TEXAS COLLEGE

UNIVERSITY OF NORTH TEXAS AT FRISCO [HALL PARK]

CENTRAL COLLEGE ER MOUND)

COLLIN COLLEGE HIGHER EDUCATION CENTER - TEXAS A&M UNIVERSITY - COMMERCE - TEXAS TECH UNIVERSITY - TEXAS WOMAN’S UNIVERSITY - UNIVERSITY OF NORTH TEXAS AT FRISCO - UNIVERSITY OF TEXAS AT DALLAS

TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

AUSTIN COLLEGE (SHERMAN)

COLLIN COLLEGE (ALLEN)

AMBERTON UNIVERSITY (FRISCO)

COLLIN COLLEGE (SPRING CREEK) MIDWESTERN STATE UNIVERSITY - FLOWER MOUND DALLAS COLLEGE (NORTH LAKE NORTH)

COLLIN COLLEGE (COURTYARD) ABILENE CHRISTIAN UNIVERSITY DALLAS

3

UNIVERSITY OF TEXAS AT DALLAS

TEXAS A&M AG EXTENSION

DALLAS COLLEGE (BROOKHAVEN) DALLAS COLLEGE DALLAS (NORTH LAKE CHRISTIAN WEST) COLLEGE

COLLIN COLLEGE (WYLIE)

DALLAS COLLEGE (RICHLAND) UNIVERSITY OF PHOENIX DALLAS CAMPUS

DALLAS COLLEGE (RICHLAND GARLAND)

COLLIN COLLEGE (ROCKWALL)

PARKER UNIVERSITY

SMU (SOUTHERN ART INSTITUTE METHODIST OF DALLAS AMBERTON UNIVERSITY UNIVERSITY) (GARLAND) TEXAS TECH UD 11 EVEREST HEALTH SCIENCE 5 UNIVERSITY COLLEGE DALLAS CENTER OF DALLAS COLLEGE WEST COAST UT SOUTHWESTERN (EASTFIELD) UNIVERSITY 13 MEDICAL CENTER TEXAS TEXAS A&M UNIVERSITY WOMAN’S DALLAS THEOLOGICAL SEMINARY COMMERCE MESQUITE UNIVERSITY DALLAS COLLEGE CRISWELL COLLEGE METROPLEX CENTER INSTITUTE (NORTH LAKE 15 ABILENE CHRISTIAN UNIVERSITY AT CITYSQUARE OF HEALTH SOUTH) SCIENCES TEXAS A&M COLLEGE OF DENTISTRY DALLAS COLLEGE (EL CENTRO) UNIVERSITY OF TEXAS TEXAS A&M UNIVERSITY - COMMERCE (DOWNTOWN DALLAS) AT DALLAS CENTER FOR UNIVERSITY OF NORTH TEXAS DALLAS COLLEGE OF LAW BRAINHEALTH DALLAS COLLEGE (BILL J. PRIEST) UNIVERSITY OF TEXAS DALLAS AT ARLINGTON UNIVERSITY OF TEXAS MCCOMBS MBA AT DALLAS DALLAS COLLEGE COLLEGE (EASTFIELD 8 DALLAS (MOUNTAIN VIEW) PLEASANT GROVE) BAPTIST PAUL QUINN COLLEGE UNIVERSITY UNIVERSITY OF PHOENIX ARLINGTON CAMPUS DALLAS COLLEGE (NORTH LAKE)

TARRANT COUNTY COLLEGE (SOUTHEAST)

UNIVERSITY OF NORTH TEXAS AT DALLAS

9 9

NAVARRO COLLEGE (WAXAHACHIE) SOUTHWESTERN ASSEMBLIES OF GOD

2021

University

TEXAS STATE TECHNICAL COLLEGE (RED OAK)

Source: Texas Higher Education Coordinating Board

NAVARRO COLLEGE (MIDLOTHIAN)

TRINITY VALLEY COMMUNITY COLLEGE (TERRELL)

Major Universities

DALLAS COLLEGE (CEDAR VALLEY) NORTHWOOD UNIVERSITY

SOUTHWESTERN CHRISTIAN COLLEGE

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

TRINITY VALLEY COMMUNITY COLLEGE HEALTH SCIENCE CENTER

2020 Enrollment

The University of Texas at Arlington (UTA) 42,733 University of North Texas (UNT) - Denton 40,727 The University of Texas at Dallas (UTD) 28,669 Texas Woman’s University (TWU) 16,030 Southern Methodist University (SMU) 12,373 Texas A&M University-Commerce (TAMUC) 12,245 Texas Christian University (TCU) 11,328 Dallas Baptist University (DBU) 4,247 University of North Texas at Dallas (UNTDallas) 4,190 Texas Wesleyan University 2,495 University of Dallas (UD) 2,489 University of North Texas Health Science Center at Fort Worth 2,330 UT Southwestern 2,299 Texas A&M University School of Law - Fort Worth 515 University of North Texas College of Law - Dallas 390

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

83


TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

DFW Higher Education Institutions Total Enrollment (2020) and Degrees Awarded (2019) for Select Institutions Institution

2020 Enrollment

Amberton University

1,102

Austin College

1,302

Associate

Brookhaven Campus, Dallas College

48

386

342

19

719

535

104

3

Certificates Post-Bachelor’s or Master’s

Doctorate

680 35,537

3,205

Dallas Baptist University

4,247

12

Dallas College (All Campuses)

69,210

Eastfield Campus,Dallas College

15

44

1,324

El Centro Campus, Dallas College

881

Mountain View Campus, Dallas College

1,217

Navarro College

7,154

North Central Texas College

8,197

North Lake Campus, Dallas College

1,007 905 1,337

Parker University

1,557

Paul Quinn College

468

Richland Campus, Dallas College Southern Methodist University

Master’s

1,101

Cedar Valley Campus, Dallas College Collin College

Bachelor’s

114

239

62 2,125 368

1,900

2

123

6

1,985

247

282

98

1

80

29

1

Tarrant County College

57,856

6,002

Texas A & M University-Commerce

12,245

1,862

1,497

59

Southwestern Assemblies of God University Southwestern Christian College

Texas A & M University School of Law

12,373

72

1,942

772

Southwestern Adventist University

515

Texas Christian University

11,328

2,447

479

Texas Wesleyan University

2,495

327

216

Texas Woman's University

16,030

2,061

1,414

The University of Texas at Arlington

42,733

8,906

4,596

174

212

The University of Texas at Dallas

28,669

4,225

3,430

243

238

29

123

190

232

44

5,662

University of Dallas

2,489

353

385

108

8

University of North Texas

40,727

7,639

1,792

189

312

University of North Texas at Dallas

4,190

561

102

University of North Texas at Dallas College of Law

University of North Texas Health Science Center

145

390

2,330

University of Texas Southwestern Medical Center

2,299

Weatherford College

5,454

351

57

398

88

185

340

755

Other higher learning institutions in the region American Broadcasting School-Arlington

Dallas Institute of Funeral Services

Lincoln College of Technology

Argosy University

Dallas Nursing Institute

National American University

Aviation Institute of Maintenance-Dallas

Everest College

PCI Health Training Center

Brightwood College

Golf Academy of America

Cannon Institute of Higher Learning

84

The College of Health Care Professions

KD Conservatory - College of Film and Dramatic Arts

Court Reporting Institute of Dallas

Kaplan College

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Peloton College United States National Tennis Academy University of Phoenix West Coast University

2021

Source: Texas Higher Education Coordinating Board; EMSI and National Center for Education Statistics

Trinity Valley Community College


Dallas area employers are able to recruit easily from the 150+ universities within Texas and adjacent states, offering a highly educated pipeline of talent.

53,840

319,695

Number of bachelor’s, master’s, and Ph.D.s awarded in 2019 from Dallas-area colleges and universities.

Number of degrees (bachelor’s, master’s, and Ph.D.s) and certificates (postbachelor’s and master’s) awarded in 2019 from the largest 4+ year degreegranting institutions within Texas and adjacent states.

TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

Talent Pipeline

Degrees Awarded 2019 in Dallas-Fort Worth by area of study Area of Study Agriculture, Agriculture Operations and Related Sciences Architecture and Related Services Area, Ethnic, Cultural, Gender, and Group Studies Biological and Biomedical Sciences Business, Management, Marketing, and Related Support Services Communication, Journalism, and Related Programs Communications Technologies/Technicians and Support Services Computer and Information Sciences and Support Services Construction Trades Education Engineering Engineering Technologies and Engineering-related Fields English Language and Literature/Letters Family and Consumer Sciences/Human Sciences Foreign Languages, Literatures, and Linguistics Health Professions and Related Programs History Homeland Security, Law Enforcement, Firefighting, and Related Protective Service Legal Professions and Studies Liberal Arts and Sciences, General Studies and Humanities Library Science Mathematics and Statistics Mechanic and Repair Technologies/Technicians Multi/Interdisciplinary Studies Natural Resources and Conservation Parks, Recreation, Leisure and Fitness Studies Personal and Culinary Services Philosophy and Religious Studies Physical Sciences Precision Production Psychology Public Administration and Social Service Professions Science Technologies/Technicians Social Sciences Theology and Religious Vocations Transportation and Materials Moving Visual and Performing Arts Grand Total

2021

Associate 40

Bachelor’s

Master’s

Certificates PostBachelor’s or Master’s

Doctorate

11

69 61 6 1,896

18 59 6 343

4 2 212

123

1,407

6,200

4,907

224

66

64

1,524

78

2

119

5

37

45

481 6 527

1,395

1,756

104

59

275 1,681 98 658 216 361 5,710 426

2,234 1,245 204 71 46 56 2,494 45

39

5 169 3

228 185 1 38 8 10 1,200 12

40 273 53 33 2,389

63 5 7

510

764

97

5

146 14,671 15 2 684 3

27 1,616

50 119 543 324

9 184

450

419 16

15

29

34

3 9 7

310 27 146

30 3

2,356 65 878 9 124 326

49 43 20

1,456 493

390 1,015

53

13 179

2

19

20 115

10 101 80 33

21

1,524

192

24

36

144 20 295 319

379 25 1,630 1,573

1,057

19

105

277

37

76

370

40

55

22,291

32,703

18,281

1,283

2,856

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

85


TALENT | TRAINING, COLLEGES AND UNIVERSITIES

STEM Certificates/Degrees Awarded 2019 in DFW by classification Aerospace, Aeronautical and Astronautical Engineering Applied Mathematics

89

Ecology, Evolution, Systematics, and Population Biology

45

209

Electrical, Electronics and Communications Engineering

681 98

Architectural Engineering

4

Engineering, General

Astronomy and Astrophysics

1

Engineering, Other

14

Environmental/Environmental Health Engineering

26

Biochemistry, Biophysics and Molecular Biology Biology, General Biomathematics, Bioinformatics, and Computational Biology Biomedical/Medical Engineering Biotechnology Cell/Cellular Biology and Anatomical Sciences Chemistry Computer and Information Sciences, General

1,719 15 266

Genetics

13

Geological and Earth Sciences/Geosciences

119 187

Industrial Engineering

12

Information Science/Studies

77

1,099

Manufacturing Engineering

39

227

Materials Engineering

80

256

Mathematics

503

Mechanical Engineering

830

1,847

Computer Engineering

391

Microbiological Sciences and Immunology

38

Computer Programming

40

Neurobiology and Neurosciences

176

Computer Science

344

Operations Research

60

44

Physics

198

Computer Systems Analysis

110

Physiology, Pathology and Related Sciences

Computer Systems Networking and Telecommunications

139

Statistics

108

Computer/Information Technology Admin and Management

133

Systems Engineering

97

Construction Engineering

96

Data Processing

39

Computer Software and Media Applications

Total

Texas Research Alliance:

Source: National Center for Education Statistics

Civil Engineering

416

74

10,959

Texas Research ALLIANCE

Building Collaborations Between Companies and Universities

Personalized service helps cut costs, reduce time to market, and connect companies with the resources and expertise of the Dallas-Fort Worth innovation ecosystem

CONNECT

ABOUT

n  The TRA works with companies to understand their research and innovation needs and bring its network of university faculty, high-growth companies, and startups to help solve challenges n  The TRA enables access to industry collaborations n  The TRA engages companies into a large network of expertise in areas such as: AI/ML, defense innovation, robotics, edge computing, sensors, SBIR, STTR, IoT and more

n  501c-3 non-profit organization n  Founded by four of the largest chambers of commerce in DallasFort Worth​ n  Aligned with the premier research universities and colleges across Dallas-Fort Worth n  Engaged to ensure that Dallas-Fort Worth industries, non-profits, municipalities, and public agencies can access and leverage regional research and innovation resources n  No charge for TRA support and collaborations can work under non-disclosure agreements

Consider a Capstone Partnership Capstone projects are an ideal way to solve engineering and development problems you just don’t have the human resources to get to while at the same time working with teams of students that may one day be your team leaders or even the CEO of your company. By partnering with external sponsors, students not only work on a real world projects, but also gain valuable team building experience in a results-oriented environment. www.tradfw.org

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WE LIKE FARMS,

BUT WE DON'T HAVE ANY. FARMERS BRANCH, TEXAS

The Heart of the Dallas-Fort Worth Metroplex

Frisco 21 mi.

Plano

17 mi.

14 mi.

FB

11 mi.

DFW

Love Field

31 mi. 14 mi.

Fort Worth

Arlington

22 mi.

Dallas

PREMIUM LOCATION · HIGHLY SKILLED & EDUCATED WORKFORCE · NO FARMS FARMERS BRANCH ECONOMIC DEVELOPMENT DEPARTMENT Allison Cook | Economic Development Director | 972.919.2507

FA R M E R S B R A N C H T X .G OV


educated workforce

SHOVEL-READY industrial park

INTERSTATE ACCESS

totally texas. all business. Given its advantages, it is no surprise that Gainesville, Texas is the place to be. A strategic location choice on I-35, businesses have access to the Texas metroplex of Dallas and Fort Worth as well as Oklahoma. A stellar workforce focused on advanced manufacturing, oil and gas, aerospace and technical services provides businesses with a solid talent pool. This charming and historical city certainly isn't lacking when it comes to quality of life: shopping, entertainment, restaurants, a zoo and just a stone's throw away from the WinStar Casino and Resort over the border in Oklahoma all make Gainesville a great place to live, work and play.    Contact us today to schedule your visit to Gainesville and see for yourself why it is the place to be in north Texas.

BNSF RAIL ACCESS

COMPETITIVE INCENTIVES

Contact: Audrey Schroyer, Executive Director 940-665-5241 | aschroyer@cogtx.org www.GainesvilleEDC.com

SANGER, TEXAS.

POSSIBILITIES IN EVERY DIRECTION. Sanger is situated along interstate 35 in northern Denton County. Sanger offers residents and businesses direct access to the amenities of a major metropolitan area, extensive labor market, airports and top universities while still retaining a small-town quality of life.

n More than 800 acres along I-35 available for industrial and commercial development n 38 miles to DFW International Airport n 50 miles to Dallas/Fort Worth

n Population estimate: 9,300 n Sanger Independent School District n Gateway to Lake Ray Roberts n 10 miles to Denton n BNSF railroad n Pro-business attitude

www.sangertxedc.org www.sangertexas.org 88

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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Industry

Photo: Michael Samples

Industry Diversity Advanced Services Manufacturing Financial Activities High Tech Health Care Life Sciences Aviation and Aerospace Hospitality Logistics

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

89


INDUSTRY | INDUSTRY DIVERSITY

Industry Diversity

Moody’s Diversity Index for select metropolitan regions 1

Industrial diversity is an index used to gauge the extent to which an area’s economy resembles the national economy. It is useful in determining how closely the nation’s economic performance will be mirrored across regional economies. The diversity index for a given year is calculated using employment data at the fourdigit NAICS level of industrial detail. A diversity index of one, the highest possible value, indicates that an area’s industrial structure—its distribution of employment across industries—is exactly the same as that of the nation. The lower the index, the less the region approximates the industrial structure of the nation. The index assumes that it is impossible for a regional economy to be more diverse than the national economy. Therefore, there are no diversity index values higher than 1. A state or metropolitan area with a higher diversity index is more likely to weather an economic downturn than those dependent on a single industry.

.9

United States Diversity Index = 1

.83

.8

.82 .79

.79

.77

.76

.75

.73

.7

.71 .64

.64

.6 .50

.5 .4 .3 .2 .1

C hi ca go D al At la la snt Fo a rt W or th Ph oe ni Ph x ila de lp hi a N ew Yo rk M ia m i Bo st Lo on sA ng el es H ou st Sa on n Fr an W ci as sc hi o ng to n DC

0

Texas Metro Comparisons: 2020 Employment by Supersector Variance from Percent of U.S. Employment

Professional And Business Services

Financial Activities

Mining, Logging, and Construction

Information

5%

5%

4%

4%

3%

3%

2%

2%

1%

1%

-1%

-1%

-2%

-2%

-3%

-3%

90

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Houston

Austin

Fort Worth*

Dallas*

Houston

Austin

Fort Worth*

Dallas*

Houston

Austin

Fort Worth*

Dallas*

Houston

Austin

Fort Worth*

* Metropolitan division. All others are metropolitan statistical areas.

2021

Source: Bureau of Labor Statistics, CES

Dallas*

U.S. Employment


or t

sp

Professional and

ran ,T de Tra

Business Serv

18.9%

o ati na nd tie

ili Ut

bli

cA dm

ini

Inc

lud

2.4 % uc

ati o

n)

1.07

0.6%

%

3.6 %

1.13

8.1%

Le i

su

re

an

d

g urin fac t Ma nu

n

% 6.5

H os

pi

5% 9.

tructio

7.1 %

4 0 . 1

ices

Cons

Source: EMSI, 2021Q1 QCEW; OES, 2020

0.9 0

7.3%

An industry concentration measure, location quotient (LQ) = industry share of local employment/industry share of national employment (e.g., an LQ of 1.15 means the location is 15% more reliant on that industry’s employment than is the nation as a whole).

r Serv

.77

0 1.0

1.9 Location Quotient:

I

n

io at

rm

o nf

% 6.5 Othe

% 1.7

s

n

a Fin

.9%

Natural Resources and Mining

itie

iv Act cial

1.55

Ed

.78

%

ing

1.32

0.7 7

n(

4 1.4

6.3

str ati o

5.6 %

Pu

He a

13 .1 %

lth

Se

rv

ic

es

s

10 .2 %

12 .4 %

ices

As one of the most diverse regional economies in the nation, Dallas-Fort Worth excels in many important industry sectors. DFW ranks among the top five regions in 10 of the 12 industries evaluated by Site Selection Magazine (including a first place ranking in Aerospace). Logistics and trade, technology, and advanced and other professional services represent the lifeblood of the economy, offering competitive advantages on both the national and the international levels. The DFW area is also a proven location for headquarters to thrive, making the region a magnet for business leadership.

INDUSTRY | INDUSTRY DIVERSITY

27.4%

.2% 20

%

.2 0 2

Industry Sectors

ta

lit

y

%

6 9.

Location Quotient

Legend

Employment

%

Establishments %

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

91


INDUSTRY | ADVANCED SERVICES

Advanced Services Advanced services have traditionally referred to headquarters. However, this category also includes financial, professional, and technical services— from management consulting firms to business insurers and from accounting to legal services. Complex technologies and transactional operations throughout Dallas-Fort Worth are pushing most advanced services activities into highly specialized firms and enterprises. DFW has many of these operations and will likely continue to attract additional companies.

Management, Control, and Support Functions of Corporate Activities

NumberofofAdvanced Advanced Services Businesses Number Services Businesses 1 1

100 1010 60 760

Legend: Occupation Jobs  |  Median hourly earnings

92

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Financial Managers 17,794 | $68.12

Management Analysts 20,535 | $41.94

Market Research Analysts and Marketing Specialists 15,210 | $34.03

Project Management and Business Operations, All Other 42,833 | $38.55 2021


INDUSTRY | ADVANCED SERVICES

Industry

Establishments

Avg. Employment

Telecommunications

919

35,197

Data Processing, Hosting, and Related Services

502

13,955

Finance and Insurance

12,215

251,938

Real Estate and Rental and Leasing

10,220

91,385

Professional, Scientific, and Technical Services

28,599

306,466

Total

52,455

698,941

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Accountants and Auditors 44,257 | $37.04

2021

Financial Analysts, Risk Specialists, All Other 18,320 | $38.65

Computer Systems Analysts 19,762 | $45.14

Computer Programmers 9,123 | $40.10

Software Developers and Quality Assurance Analysts 51,998 | $52.56

Network and Computer Systems Administrators 12,521 | $42.51

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

93


INDUSTRY | MANUFACTURING

Manufacturing The Dallas-Fort Worth region is often associated with major headquarters, logistics, distribution, and supply chain operations. But most people might not realize that the manufacturing industry makes up 7.1 percent of the regional economy by employment. DFW has more manufacturing activity than any other metro area in Texas. The size and scope of operations create a diverse manufacturing landscape across many sectors. Goods produced in DFW range from boots and clothing to bricks, steel, plastics, SUVs, and aerospace components. Just a few of the large manufacturing operations in DFW include the General Motors Assembly Plant in Arlington, Lockheed Martin in Fort Worth, and Texas Instruments in Dallas.

A Cornerstone of Our Economy Dallas-Fort Worth has more manufacturing activity than any other metropolitan area in Texas

18

4

27

11 23

26

39

Share of Statewide Manufacturing Employment by Metro

3 21 35

31.3%

28

33 2 1 25

All other Texas metros

Dallas

8 12

30.5%

Houston

25.8%

San Antonio

40

Austin

5.6%

7.0%

Industry

Establishments

Manufacturing

6,796

Avg. Employment 287,600

Legend: Occupation Jobs  |  Median hourly earnings

94

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Industrial Production Managers 3,949 | $52.91

Industrial Engineers 7,392 | $46.61

Mechanical Engineers 6,157 | $45.37

Industrial Machinery Mechanics 7,854 | $25.12

2021

20


31

29 19

15

17

13

10

34 32

24

30 37

16 14

9 9 6 22

5 7

36

38

Number Services Businesses Numberof ofAdvanced Manufacturing Businesses 1 1

1 Alcon Laboratories 2 Airbus Helicopter 3 Bell Helicopter 4 ESAB 5 Dal-Tile Corporation 6 Dean Foods 7 Keurig Dr Pepper 8 Farmer Brothers 9 Frito-Lay 10 Fujitsu Network Communications 11 GE Manufacturing Solutions 12 General Motors 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

INDUSTRY | MANUFACTURING

Major Manufacturing Operations in DallasFort Worth

Huawei Device USA Interceramic L3Harris L3Harris - ComCept L-3 Unmanned Systems Labinal Lennox International Lockheed Martin Missiles & Fire Control Lockheed Martin Aeronautics Madix Mary Kay Maxim Integrated Products MillerCoors Motorsport Aftermarket Group Peterbilt Motors Poly-America Qorvo Raytheon Space and Airborne Systems Raytheon Consolidated Manufacturing Center Raytheon EO Innovations Safran Samsung Electronics America Smith & Nephew Solar Turbines Texas Instruments Triumph Aerostructures TXI Louis Vuitton

15 61 60 760

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

First-Line Supervisors of Production and Operating Workers 13,484 | $29.62

2021

Electrical, Electronic, and Electromechanical Assemblers 10,972 | $16.29

Miscellaneous Assemblers and Fabricators 29,658 | $14.12

Helpers/ Production Workers 10,160 | $12.81

Production Workers, All Other 3,253 | $13.44

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

95


INDUSTRY | FINANCIAL ACTIVITIES

Financial Activities The Dallas-Fort Worth region is a key U.S. financial center. DFW is home to Comerica’s corporate headquarters, and Bank of America and Fidelity Investments maintain major operations and call centers here. JPMorgan Chase, Citigroup, and Wells Fargo are among the top employers in the region. Capital One operates an innovation center that is helping to drive advances in fintech. And in 2019, Charles Schwab announced its intention to relocate to DFW after acquiring TD Ameritrade, which also has a sizable campus in the region. Dallas is home to the Federal Reserve Bank of Dallas, serving the 11th Federal Reserve District comprising Texas, northern Louisiana, and southern New Mexico. The Federal Deposit Insurance Corporation hosts a regional office here, as well. Financial firms are located throughout the DFW region, with the largest concentration centered in downtown Dallas and its northern suburbs of Addison and Plano. Downtown Fort Worth also has many financial companies. When it comes to insurance, the Dallas-Fort Worth area hosts national and regional headquarters for most major providers, including State Farm and Liberty Mutual.

The DFW Region is a Key U.S. Financial Center 45

42

2 16 11 1 50 54 7 19

49

40 18

53 8

13 28

57 4

6

27

33 21 36 30 22

46

47 56 17

14 55 32

5 24 29 43 26 12 23 10 31 25 20 34 48 3 39 15 41

35

Number ofFinancial Advanced Services Businesses Number of Industry Businesses 1 1

45 175 60 760

Legend: Occupation Jobs  |  Median hourly earnings

96

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Financial Managers 17,794 | $68.12

Accountants and Auditors 44,257 | $37.04

Credit Analysts 3,504 | $34.27

37

9

Personal Financial Advisors 7,438 | $40.43

2021


51 44 38 52

Finance

Insurance

1 Alkami Technology 2 Alliance Data Systems 3 Amegy Bank of Texas 4 Bank of America 5 BBVA 6 Broadridge Financial Solutions 7 Capital One Bank 8 Charles Schwab 9 Citibank 10 Comerica Bank 11 Fannie Mae 12 Federal Reserve Bank of Dallas 13 Fidelity Investments 14 GM Financial 15 Goldman Sachs & Co, LLC 16 Heartland Payment Systems 17 JPMorgan Chase & Co. 18 Mercedes -Benz Financial Services USA 19 Merrill Lynch 20 MoneyGram International 21 Mr. Cooper 22 Options Clearing Corporation 23 ORIX Corporation USA 24 PlainsCapital Bank 25 PNC 26 Santander Consumer USA 27 Silicon Valley Bank 28 TD Ameritrade 29 Texas Capital Bank 30 Toyota Industries Commercial Finance 31 UBS Financial Services 32 Wells Fargo

33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57

Industry

AAA Texas AIG A-Max Auto Insurance Allstate BenefitMall Blue Cross and Blue Shield of Texas Chubb Group of Insurance Companies CIGNA HealthCare of Texas FDIC FM Global & AFM GAINSCO Geico Globe Life Hallmark Financial Services HealthSmart HUB International Insurance Services Libery Mutual Insurance New York Life Insurance State Farm Insurance Travelers Insurance Company UnitedHealthcare USAA USHEALTH Group Warrantech Zurich

Establishments

Monetary Authorities-Central Bank

Avg. Employment

8

1,088

Credit Intermediation and Related Activities

3,837

113,028

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

3,406

34,049

Insurance Carriers and Related Activities

4,847

103,088

118

685

12,216

251,938

Funds, Trusts, and Other Financial Vehicles Total

INDUSTRY | FINANCIAL ACTIVITIES

Finance and Insurance Companies in Dallas-Fort Worth

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Loan Officers 9,174 | $35.46

2021

Financial Analyst 18,320 | $38.65

Insurance Sales Agents 21,984 | $32.95

Financial Services Sales Agents 16,839 | $28.58

Insurance Claims and Policy Processing Clerks 12,383 | $19.09

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

97


INDUSTRY | HIGH TECH

High Tech In 1958, Dallas led the nation into the new era of information and communication technologies with Nobel Laureate Jack Kilby’s invention of the microchip at Texas Instruments. This invention spurred the development of technologies ranging from laptop computers to smartphones to those that make space travel possible. The DFW technology industry encompasses four general categories: manufacturing, information services, professional technical services, and bio-life sciences. The region’s activity in key emerging technologies such as next generation wireless and broadband communications, artificial intelligence, and virtual reality, as well as medical, bio, and life sciences, is gaining national recognition.

The 6th Largest Concentration of High-Tech Jobs in the U.S. 2020 High-Tech Employment

New York-NewarkJersey City, NY-NJ-PA

498,548

WashingtonArlington-Alexandria, DC-VA-MD-WV

370,124

Los Angeles-Long Beach-Anaheim, CA

359,512

San FranciscoOakland-Berkeley, CA

285,877

Boston-CambridgeNewton, MA-NH

269,901

Dallas-Fort WorthArlington, TX

258,813

Chicago-NapervilleElgin, IL-IN-WI

254,039

Seattle-TacomaBellevue, WA

245,185

San Jose-SunnyvaleSanta Clara, CA

234,470

Houston-The Woodlands-Sugar Land, TX

208,082

The Information Age Was Born in DFW Top Semiconductor & Semiconductor Machinery Manufacturers with Operations in DFW Creation Technologies [Plano] Maxim Integrated Products [Dallas, Irving] Qorvo [Richardson] Texas Instruments [Dallas, Plano, Richardson] Top Fabless Semiconductor Companies with Operations in DFW Diodes Inc. [Plano] Micron Technology [Allen] Qorvo [Richardson] STMicroelectronics [Coppell] Top Telecom Companies with Operations in DFW AT&T [Dallas] BT Global Services [Coppell] Cisco Systems [Dallas, Irving, Richardson] Ericsson [Plano] Frontier Communications [Allen] Fujitsu Network Communications [Richardson] Ribbon Communications [Plano] Goodman Networks [Frisco] Metro by T-Mobile [Richardson] NEC Corporation [Irving] Nokia North America [Dallas, Plano] Samsung Electronics America [Plano, Coppell] Verizon Communications [Irving, Richardson] ZTE USA [Richardson] Top Electronic Instrument Companies with Operations in DFW BAE Systems [Dallas, Fort Worth] Collins Aerospace [Richardson] Elbit Systems of America [Fort Worth] Emerson [McKinney] Garrett Electronics [Garland] Honeywell [Richardson] Leonardo DRS [Dallas] Megger Group [Dallas] Schneider Electric [Carrollton] Top Computer Systems & Software Companies with Operations in DFW Accenture [Irving ] Capgemini [Irving] Cognizant [Irving] DXC Technology [Irving, Plano, Richardson] HP Enterprise Services [Plano] IBM [Dallas] Infosys [Plano, Richardson] Intuit [Plano] L3Harris-ComCept [Rockwall]

Microsoft [Irving] NTT Data [Plano] Oracle [Dallas, Irving] Raytheon [McKinney, Dallas, Plano] RealPage [Richardson] SAP America [Plano] Siemens PLM Software [Plano] TEKsystems [Irving] Trend Micro NA [Irving] Xerox [Dallas] Top Cloud Services & Data Center Companies with Operations in DFW ADP [Dallas] Amazon [Dallas/Fort Worth] AT&T [Dallas] Atos [Irving] Cisco Systems [Allen, Richardson] Comparex USA [Dallas] CyrusOne [Carrollton, Dallas] Equinix [Dallas] Facebook [Fort Worth] Fujitsu Ltd. [Richardson] HP Enterprise Services [Plano] IBM [Dallas] Level 3 Communications [Dallas] Rackspace Hosting [Richardson] Raging Wire [Garland] SAVVIS (CenturyLink) [Dallas] SoftLayer [Dallas] T5 Data Centers [Plano] Verio (NTT Communications) [Dallas] Verizon Terremark [Irving] ViaWest [Plano] XO Communications [Dallas] Top Online Services Companies with Operations in DFW Amazon [Coppell, Dallas, Haslet] Facebook [Fort Worth] Hotels.com (Expedia Group) [Dallas] Match Group [Dallas] Sabre Holdings [Southlake] Thryv [Dallas] Travelocity (Expedia Group) [Dallas] Uber Technologies [Dallas]

Legend: Occupation Jobs  |  Median hourly earnings

98

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Computer Systems Analysts 19,762 | $45.14

Computer Network Support Specialists 5,433 | $36.22

Computer Network Architects 5,618 | $60.76

Software Developers and Software QA Analysts 51,998 | $52.56 2021


INDUSTRY | HIGH TECH

Number AdvancedIndustry Services Businesses Number ofofHigh-tech Businesses 1 1

25 88 60 760

High Tech Manufacturing Industry

Establishments

Avg. Employment

Semiconductor Machinery Manufacturing

10

167

Optical Instrument and Lens Manufacturing

12

192

Computer and Electronic Product Manufacturing

504

44,517

Aerospace Product and Parts Manufacturing

109

32,701

Sub-total

635

77,577

Information Services Establishments

Industry

Avg. Employment

Software Publishers

457

9,738

Telecommunications

919

35,197

Data Processing, Hosting, and Related Services

502

13,955

Internet Publishing and Broadcasting and Web Search Portals

256

Sub-total

2,134 1,869

2,623 61,513

Bio Sciences & Medical Technology Industry

Establishments

Avg. Employment

Basic Chemical Manufacturing

67

2,089

Pharmaceutical and Medicine Manufacturing

62

4,720

Medical Equipment and Supplies Manufacturing

237

6,277

Scientific Research and Development Services

371

5,328

Sub-total

737

18,414

Professional & Technical Services Establishments

Industry Engineering Services

Avg. Employment

1,398

24,199

Testing Laboratories

191

2,944

Computer Training

56

330

7,619

88,353

Computer Systems Design and Related Services Sub-total

Total for all sectors

9,264

115,826

12,770

273,330

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Aerospace Engineers 3,192 | $62.10

2021

Computer Hardware Engineers 1,634 | $57.79

Electrical Engineers 4,372 | $49.33

Mechanical Engineers 6,157 | $45.37

Industrial Engineering Technologists and Technicians 2,053 | $32.55

Semiconductor Processing Technicians 2,093 | $17.74

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

99


INDUSTRY | HEALTH CARE

Health Care

82 Acute Care Hospitals and

Health care industry companies are located throughout the Dallas-Fort Worth region where they can tap into a broad base of skilled employees. Dallas’ medical community includes the highly rated UT Southwestern Medical Center and Baylor University Medical Center, as well as Parkland Hospital’s burn unit, one of the most recognized units in the nation. The health care industry in DFW is more than services, however. It also encompasses manufacturing, research, and goods distribution. The activities often cluster around each other, creating synergy within the health care community.

25 30

numerous other major medical centers

20

Health Care Systems in Dallas-Fort Worth 6 Major Not-for-Profit Systems Baylor Scott & White Health Children’s Health Cook Children’s Methodist Health Texas Health Resources UT Southwestern 2 Major For-Profit Systems Medical City Healthcare Tenet Healthcare

21

27

1 Major Veterans System VA North Texas Health Care 7 National Health Care HQs in DFW

5 9

AMN Healthcare CHRISTUS Health Community Hospital Corp EmCare, Inc Steward Health Care Systems Tenet Healthcare Corporation United Surgical Partners

18 8

15

12

14 23

16

2 Major Public Systems

26

JPS Health Network Parkland Health

Services Establishments

Industry Healthcare and Social Assistance Home Health Equipment Rental Pharmacies and Drug Stores

Avg. Employment

23,289

406,029

31

418

Government Industry

Establishments

Administration of Public Health Programs

1,377

13,169

Optical Goods Stores

247

1,320

Insurance

Other Health and Personal Care Stores

444

3,083

Industry

86

1,599

25,474

425,618

Direct Health and Medical Insurance Carriers

Research and Development in Biotechnology Sub-total

33

Establishments 64

Avg. Employment 31,998

Avg. Employment 7,177

Legend: Occupation Jobs  |  Median hourly earnings

100

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Medical and Health Services Managers 10,707 | $46.93

Physician Assistants 2,779 | $52.46

Occupational Therapists 2,885 | $41.30

Registered Nurses 62,423 | $36.35

2021


Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Number of beds 1 Baylor University Medical Center. . . . . . . . . . . . . . . . . . . . . . . 914 2 Medical City Dallas Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . 876

24

3 Texas Health Presbyterian Hospital Dallas. . . . . . . . . . . . . . . 875 4 Parkland Memorial Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . 870 5 Texas Health Harris Methodist Hospital Fort Worth. . . . . . . 720

INDUSTRY | HEALTH CARE

Major Hospitals (with more than 200 beds)

6 University of Texas Southwestern Medical Center . . . . . . . 608 17

7 Methodist Dallas Medical Center. . . . . . . . . . . . . . . . . . . . . . 585

29

8 John Peter Smith Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . . 573

10

9 Baylor Scott & White All Saints. . . . . . . . . . . . . . . . . . . . . . . . 572

13

10 Medical City Plano. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 547 11 Children’s Medical Center of Dallas. . . . . . . . . . . . . . . . . . . . 490 12 Cook Children’s Medical Center. . . . . . . . . . . . . . . . . . . . . . . 430 13 Methodist Richardson Medical Center . . . . . . . . . . . . . . . . . 394

2

14 Medical Center of Arlington. . . . . . . . . . . . . . . . . . . . . . . . . . .382

3

15 Texas Health Arlington Memorial Hospital . . . . . . . . . . . . . . 369 16 Texas Health Huguley Hospital. . . . . . . . . . . . . . . . . . . . . . . . 356

28

11 4 6

17 Texas Health Presbyterian Hospital Plano. . . . . . . . . . . . . . . 338 18 Medical City Fort Worth. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320

1

31

19 Methodist Charlton Medical Center. . . . . . . . . . . . . . . . . . . . . 317

7

20 Baylor Scott & White Medical Center - Grapevine. . . . . . . . 302 21 Baylor Scott & White Medical Center - Irving. . . . . . . . . . . . 293 22 Dallas VA Medical Center. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 289

22

23 Texas Health Harris Methodist Hospital. . . . . . . . . . . . . . . . . 263 24 Columbia Medical Center of McKinney Subsidiary, L.P.. . . 260

19

25 Texas Health Presbyterian Hospital Denton. . . . . . . . . . . . . 255 26 Methodist Mansfield Medical Center. . . . . . . . . . . . . . . . . . . 254

Number of of Advanced Services Businesses Number Health Care Businesses 1 1

27 Texas Health Harris Methodist . . . . . . . . . . . . . . . . . . . . . . . . 252 28 Doctors Hospital at White Rock Lake. . . . . . . . . . . . . . . . . . . . 218 29 Baylor Scott & White Medical Center - Carrollton. . . . . . . . . 216

150 845 60 760

30 Medical City Denton. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 208 31 Dallas Regional Medical Center . . . . . . . . . . . . . . . . . . . . . . . 202

Manufacturing Establishments

Industry Pharmaceutical and Medicine Manufacturing

Avg. Employment

62

4,720

Analytical Laboratory Instrument Manufacturing

8

899

Irradiation Apparatus Manufacturing

6

<10

Medical Equipment and Supplies Manufacturing

237

10,997

Sub-total

313

16,616

Wholesale Trade Establishments

Industry

Avg. Employment

Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers

511

8,153

Ophthalmic Goods Merchant Wholesalers

54

1,235

381

8,545

946

17,933

25,581

477,959

Drugs and Druggists' Sundries Merchant Wholesalers Sub-total

Total for all sectors

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Dental Hygienists 4,940 | $39.30

2021

Clinical Laboratory Technologists and Technicians 8,404 | $27.08

Surgical Technologists 2,334 | $24.40

Licensed Practical and Licensed Vocational Nurses 16,846 | $23.73

Medical Dosimetrists, Medical Records Specialists 7,986 | $20.21

Nursing Assistants 23,281 | $13.85

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

101


INDUSTRY | LIFE SCIENCES

Life Sciences The Dallas-Fort Worth life sciences industry is dominated by pharmaceutical, optical, and medical device manufacturers, such as Alcon (Fort Worth) and Essilor of America (Dallas). The region has shown enormous capacity to attract major players in the industry like McKesson, as well as generating home grown successes, such as Peloton Therapeutics. Medical equipment and supplies, as well as scientific research and development, are hallmarks of DFW’s life sciences industry. UT Southwestern Medical Center in Dallas is among the nation’s best in biology and biochemistry research, boasting countless clinical breakthroughs and innovations.

Making More of Life The DFW region is on the cutting edge of defining new research trends and opportunities in life sciences.

Industry

Number of Advanced ServicesBusinesses Businesses Number of Life Sciences Industry 1 1

7 15760 60

Establishments

Avg. Employment

Basic Chemical Manufacturing

67

2,089

Pharmaceutical and Medicine Manufacturing

62

4,720

Medical Equipment and Supplies Manufacturing

237

6,277

Scientific Research and Development Services

374

5,328

Medical Laboratories

238

5,608

Diagnostic Imaging Centers Total

233

3,428

1,211

27,450

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Legend: Occupation Jobs  |  Median hourly earnings

102

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Bioengineers and Biomedical Engineers 264 | $44.30

Chemical Engineers 1,078 | $68.93

Medical Scientists, Except Epidemiologists 1,339 | $29.43

Chemists 772 | $34.58

2021


Brain Research, Neurology, & Neurosurgery

National Institutes of Health.

n 7 Institutes and Centers are focused on brain research in DFW. n UT Southwestern ranked 17th in neurology and neurosurgery, and Children’s Medical Center and Cook Children’s ranked 17th and 30th, respectively, in the pediatric specialty (2020-21 U.S. News & World Report). Cancer Research n Cancer Prevention & Research Institute of Texas (CPRIT) has awarded more than $530M to DFW institutions since 2009 to spur cancer research innovation and commercialization and to increase access to prevention programs and services. n The Texas Center for Proton Therapy opened in Irving in 2016; only 36 such centers are operating across the U.S. n Mary Crowley Cancer Research Center located at Medical City Dallas Hospital is one of the world’s largest gene therapy investigative facilities. n UT Southwestern’s Harold C. Simmons Cancer Center earned a National Cancer Institute (NCI) designation, bestowed upon top-tier cancer centers nationwide. n Baylor University Medical Center’s T. Boone Pickens Cancer Hospital is the first dedicated cancer hospital in North Texas and the second in the state. Children’s Care n The Texas Scottish Rite Hospital Spinal System, manufactured and marketed by Medtronic, has been widely used as treatment for spinal deformity for nearly two decades. n Children’s Medical Center Dallas is one of only 14 national pediatric research centers sanctioned by the

n Children’s Medical Center DallasTexas Scottish Rite Hospital ranked 5th in the country for Pediatric Orthopedics, 7th for Gastroenterology & GI Surgery and 9th for Cardiology & Heart Surgery (2020-21 U.S. News and World Report). Dental Research n Texas A&M’s Baylor College of Dentistry (TAMBCD) is a nationally recognized center for oral health sciences education, research, specialized patient care, and continuing dental education. Wellness n The Cooper Center Longitudinal Study is one of the most highly referenced databases on physical fitness and health in the world. UT Southwestern n UT Southwestern Medical Center ranks among the top academic medical centers in the world, training nearly 3,600 students, residents, and postdoctoral fellows each year. n UT Southwestern claims six Nobel Prize recipients; 22 members of the National Academy of Sciences; and receives an average of over $400M in National Institutes of Health (NIH) funding annually. Regional Partnerships n Major participants/competitors in the sector collaborate in many ways including the DFW Hospital Council, Health Industry Council, and Teaching Hospital Forum. n The recently announced BioLabs at Pegasus Park will provide stateof-the-art co-working lab and office facilities to promote collaboration and entrepreneurial support for biotech innovators.

Sample of Life Sciences Companies in DallasFort Worth Abbott Laboratories Abeona Therapeutics

Mary Crowley Cancer Research

Alcon

Med Fusion, LLC

AmerisourceBergen Drug Corporation

Medtronic Mentor Texas L.P.

Argon Medical Devices

Metroplex Clinical Research Center

Atrion Corporation B. Braun Medical Benchmark Research Biomat USA Bio-Synthesis Inc Bledsoe Brace Systems Boval BioSolutions Cardinal Health Inc Caris Life Sciences Carter Bloodcare Ceutical Labs CoorsTek Medical Covance DFB Pharmaceuticals DJO Global E4D Essilor of America Food Safety Net Services Galderma Laboratories GaltNeedleTech GlaxoSmithKline Gradalis

Nurse Assist, Inc. Nuvectra Corp OraMetrix Inc. Orano Med Orthofix OsteoMed Pathologists Bio Medical Lab Plexon Inc Prestige Ameritech, Ltd. Progressive Laboratories Quest Diagnostics Incorporated Quest Medical Inc. RBC Life Sciences Inc. Reata Pharmaceuticals Retractable Technologies, Inc. Schryver Medical Smith & Nephew Sovereign Pharmaceuticals

Grifols

St. Jude Medical Neuromodulation

Hanger, Inc.

Strukmyer

Humanetics II Ltd

Stryker Orthopaedics

Inform Diagnostics

Talecris Plasma Resources

Input Hearing Systems Integer Holdings Luxottica

INDUSTRY | LIFE SCIENCES

Core Strengths

Texas Oncology TissueGen

Cancer Prevention & Research Institute of North Texas n CPRIT’s goal is to expedite innovation and commercialization in the area of cancer research and to enhance access to evidence-based prevention programs and services throughout Texas.

Environmental Scientists and Specialists 1,316 | $35.63

2021

n CPRIT accepts applications and awards grants for a wide variety of cancer-related research and for the delivery of cancer prevention programs and services by public and private entities located in Texas.

Pharmacists 6,851 | $59.78

Diagnostic Medical Sonographers 1,452 | $35.93

n CPRIT collaborates with a variety of entities, including public and private institutions of higher education, academic health institutions, universities, governmental organizations, nongovernmental organizations, and public and private companies.

Pharmacy Technicians 11,702 | $16.83

Ophthalmic Laboratory Technicians 1,281 | $16.17

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

103


INDUSTRY | AVIATION AND AEROSPACE

Aviation and Aerospace Dallas-Fort Worth is among the nation’s top regions for aviation and aerospace activity. The region is home to the headquarters of two major airlines: American Airlines (Fort Worth) and Southwest Airlines (Dallas). Southwest operates a major maintenance base at Dallas Love Field, creating a strong foundation of aviation employment. Envoy Air, a regional jet operator and American Airlines partner, is headquartered in Fort Worth, as well. The regional aerospace industry comprises more than 600 companies, accounting more that 90,000 jobs in North Texas. Lockheed Martin and Bell Helicopter are the largest area aerospace employers with more than 15,000 employees between them. Furthermore, Airbus Helicopters North American headquarters is in Grand Prairie.

Dallas-Fort Worth is No. 1 in Aerospace in the U.S. Conway, World’s Most Competitive Cities

Aviation-Aerospace Employment Clusters

Number of Aviation Aerospace Employees

Number of Advanced Services Businesses

Numberofof Advanced Services Businesses Number Aviation - Aerospace Businesses

1 10,300 1 60 760

1 1

5 15760 60

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Legend: Occupation Jobs  |  Median hourly earnings

104

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Aerospace Engineers 3,192 | $62.10

Electrical Engineers 4,372 | $49.33

Electronics Engineers, Except Computer 4,877 | $57.70

Mechanical Engineers 6,157 | $45.37

2021


Company Type of Business A.E. Petsche Company. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Electronic parts and equipment Advanced Integration Technology. . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment Airbase Services, Inc.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft flight instrument repair Airbus Helicopters, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Helicopter parts and training American Airlines Group. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Ameriflight . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air transportation, nonscheduled AMR Eagle / Envoy Air. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Atlantic Aviation Corporation. . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft maintenance and repair services Aviall Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts BAE Information & Electronic Systems Integration. . . . . . . . Flight instruments and guidance systems Bell Helicopter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment Bell Textron. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft Boeing Global Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft servicing and repairing Bombardier Aerospace Corp . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft servicing and repairing CAE Simuflite. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation school CHC Helicopters. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Helicopter carriers, nonscheduled Collins Aerospace. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Search and navigation equipment Cooperative Industries Aerospace & Defense. . . . . . . . . . . . Harness assemblies for electronic use: wire or cable Dallas Airmotive. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft and heavy equipment repair services EFW Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Search and navigation equipment FAA - Southwest Region. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air traffic control operations, government Federal Express. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air cargo carrier, scheduled GDC Technics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment General Dynamics Ordnance and Tactical Systems. . . . . . Guided missile and space vehicle parts Gulfstream Aerospace Corporation . . . . . . . . . . . . . . . . . . . . Aircraft HM Dunnair Aerosystems. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts Honeywell International, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts Huntleigh USA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airport terminal services L3 Integrated Systems. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft control systems, electronic Lockheed Martin Missles & Fire Control. . . . . . . . . . . . . . . . . Search and navigation equipment Mayday Manufacturing Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment Menzies Aviation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airports, flying fields, and services Northrop Grumman Innovation Systems. . . . . . . . . . . . . . . . Aircraft parts and equipment Pratt & Whitney . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation propeller and blade repair Raytheon. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Defense systems and equipment Recaro Aircraft Seating Americas . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment Safran Helicopter Engines USA . . . . . . . . . . . . . . . . . . . . . . . . Engine repair and replacement, non-automotive Sikorsky Aircraft Corporation. . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft Southwest Airlines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Superior Air Charter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Texas Air Composites, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Maintenance & repair services Triumph Aerostructures, LLC . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft

Industry

Establishments

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing

Aerospace Engineering and Operations Technologists and Technicians 633 | $30.92 2021

Avg. Employment

20

4,514

Aerospace Product and Parts Manufacturing

109

32,701

Air Transportation

143

40,197

Support Activities for Air Transportation

272

12,654

Satellite Telecommunications

12

74

Flight Training

51

1,954

607

92,094

Total

Aircraft Mechanics and Service Technicians 8,050 | $38.86

Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 2,646 | $28.98

Miscellaneous Assemblers and Fabricators 29,658 | $14.12

INDUSTRY | AVIATION AND AEROSPACE

Major Aerospace Companies

Machinists 6,261 | $20.17

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

105


INDUSTRY | HOSPITALITY

Hospitality

Major Annual Events by Attendance (2019)

The Dallas-Fort Worth region has a robust hospitality industry presence that can handle meeting and convention events of all sizes and types, whether an annual meeting for a major national association or a short-lead executive board meeting requiring the utmost security and service. The market includes a large base of hotel facilities, ranging from budget to luxury within 15 minutes of Dallas Fort Worth International Airport. This helps make the region a convenient destination for meetings that require travel from points throughout the United States. Central business districts in Dallas and Fort Worth are half an hour from Dallas Fort Worth International Airport, while downtown Dallas is just 10 minutes away from Dallas Love Field. Both Dallas and Fort Worth— as well as the surrounding suburbs—offer major convention facilities with flexible space, along with robust entertainment and lodging amenities at a wide range of price points.

Dallas Marriott City Center Fairmont Dallas Four Seasons Resort Dallas @ Las Colinas Gaylord Texan Resort & Convention Center Grand Hyatt DFW Great Wolf Lodge Grapevine Guild Victory Park HALL Arts Hotel Dallas, Curio Collection by Hilton Hilton Anatole Hilton Dallas Lincoln Centre Hilton Dallas Plano Granite Park Hilton DFW Lakes Executive Conference Center Hotel Crescent Court Hotel St. Germain Hotel ZaZa Dallas Hyatt Regency Dallas Hyatt Regency DFW

Hyatt Regency North Dallas InterContinental Hotel Dallas Le Meridien Dallas By The Galleria Le Meridien The Stoneleigh Magnolia Dallas Downtown Marriott Dallas Addison Quorum by The Galleria Marriott Dallas Plano @ Legacy Town Center Omni Dallas Hotel Omni Dallas Hotel Park West Omni Fort Worth Hotel Omni Mandalay Hotel @ Las Colinas Renaissance Dallas @ Plano Legacy West Hotel Renaissance Dallas Hotel Renaissance Dallas Richardson Hotel Ritz-Carlton Dallas Rosewood Mansion on Turtle Creek

State Fair of Texas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,514,637 Fort Worth Stock Show & Rodeo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,216,140 Addison Kaboom Town . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 Toyota Dallas Holiday Parade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 450,000 Main Street Fort Worth Arts Fest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400,000 Grapefest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261,000 Fort Worth Mayfest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000 Martin Luther King, Jr. Day Parade and Festival. . . . . . . . . . . . . . . . . . . . 200,000 Scarborough Renaissance Festival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000 BMW Dallas Marathon. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000 AT&T Byron Nelson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,270 Taste of Dallas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150,000 Dallas St. Patrick’s Day Parade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120,000 Dallas Blooms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115,000 Dr Pepper Dallas Cup. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105,000 Red River Showdown. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96,332

Major Hotels and Resorts Canvas Hotel

Event. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Est/Avg Attendance

Richardson Wildflower Festival. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000

Sheraton Dallas Hotel Texican Court, by Valencia Hotel Group The Adolphus, Autograph Collection The Ashton The Highland Dallas, Curio Collection by Hilton The Joule The Statler Hotel Dallas, Curio Collection by Hilton The Worthington Renaissance Fort Worth Hotel Thompson Dallas W Dallas - Victory Warwick Melrose Hotel Dallas Westin Dallas Downtown Westin Dallas Fort Worth Airport Westin Dallas Park Central Westin Galleria Dallas Westin Irving Convention Center @ Las Colinas

Big 12 Conference Football Championship . . . . . . . . . . . . . . . . . . . . . . . . . . 65,191 North Texas Irish Festival. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000 All-Star National Cheerleading Championship. . . . . . . . . . . . . . . . . . . . . . 54,538 Goodyear Cotton Bowl Classic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,365 Addison Oktoberfest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 Fan Expo Dallas Comic Con. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,898 Dallas Dia de los Muertos parade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Dallas International Film Festival. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,000

Recent Major Events by Economic Impact (2019) Event. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Direct Spending GoodYear Cotton Bowl Classic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $49,252,699 Red River Showdown. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,201,961 National Cheerleaders Association National Championship . . . . . . $42,335,416 Dr Pepper Dallas Cup. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $38,257,757 Mary Kay Annual Seminar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $37,059,052 American Thoracic Society International Conference. . . . . . . . . . . . $34,821,830 Specialty Graphic Imaging Association Printing United . . . . . . . . . . $31,783,331 Texas FFA Association Annual Convention and Trade Show. . . . . . . $15,403,134 UIL Spirit State Championship. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,288,326 American Cheerleaders Association National Championships. . . . . $8,226,986

Legend: Occupation Jobs  |  Median hourly earnings

106

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

General and Operations Managers 60,590 | $51.47

Marketing Managers 5,169 | $62.86

Sales Managers 10,058 | $59.95

Food Service Managers 4,636 | $24.42

2021


INDUSTRY | HOSPITALITY

DFW is the Most Visited Metropolitan Area in Texas

15

16

Nearly 330,000 people are employed in the hospitality industry in the DFW area, among thousands of employers.

13

19

12 10

4

20

18 17 7 6 8 11 3 1

2

9

Industry

14

5

Establishments Avg. Employment

Accommodation and Food Services

15,371

326,629

Number of Advanced Services Businesses Number of Hospitality Businesses 1 1

40 216 60 760

Meeting and Exhibition Facilities

Other Civic and Convention Sites

1 2 3 4 5 6 7 8 9 10 11

12 13 14 15 16 17 18 19 20

The Kay Bailey Hutchison Convention Center Hilton Anatole Hotel Music Hall at Fair Park Gaylord Texan Resort and Convention Center Fort Worth Convention Center Sheraton Dallas Hotel Dallas Market Hall Hyatt Regency Dallas at Reunion Will Rogers Memorial Center InterContinental Dallas Omni Dallas Hotel

Addison Conference Centre Allen Event Center Arlington Convention Center Denton Expo Center Frisco Conference Center Hurst Conference Center Irving Convention Center at Las Colinas Plano Convention Centre Richardson Civic Center

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Chefs and Head Cooks 2,276 | $24.59

2021

First-Line Supervisors of Food Preparation and Serving Workers 23,635 | $17.07

Customer Service Representatives 95,821 | $16.56

Hotel, Motel, and Resort Desk Clerks 5,907 | $11.35

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

107


INDUSTRY | LOGISTICS

Logistics Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short and long-haul truck transportation. The entire region functions as a global inland port, with Dallas Fort Worth International Airport and Fort Worth Alliance Airport capable of large-scale cargo operations. The region also offers phenomenal rail transportation. Fort Worth-headquartered BNSF Railway has an extensive hub system throughout North Texas. Union Pacific operates the Dallas Intermodal Terminal in southern Dallas County, moving goods and services throughout North Texas and beyond. The confluence of three major interstates (30, 35, and 45), as well as I-20 and many state highways, offer distributors efficient routing options for moving products throughout the central part of the U.S. by truck. Carriers can reach up to 93 percent of the U.S. population within 48 hours, while I-35—the USMCA Corridor—provides a direct connection to Canada and Mexico.

Incentives n Foreign-Trade Zones (FTZs) provide dutyfree or deferred payment of goods processed at plants engaged in international trade. The DFW area currently has four FTZs. A six-county area (Dallas, Tarrant, Collin, Denton, Grayson, and Rockwall) has been preapproved by the federal government as eligible foreign-trade zone property. With the agreement of local officials, the federal government will provide any eligible business with a FTZ designation on an expedited and simplified basis. Company-specific FTZ’s sponsored by DFW Airport include: GM, Sanden, Fossil Partners, Zale, Turbomeca U.S.A., Dal-Tile, The Apparel Group, Matrix Network, Brighton Best International, Lasko, and BMW. n Freeport Tax Exemptions allow local governing bodies the option to exempt personal property consisting of goods, wares, merchandise, or ores other than oil, natural gas, and petroleum. Eligible property must be transported out of the state within 175 days of acquisition but may be assembled, stored, manufactured, processed, or fabricated locally. Triple Freeport zones are exempt from city, county, and school district property taxes on inventory.

Dallas-Fort Worth: A Global Inland Port

Alliance Global Logistics Hub The 9,600-acre Alliance Global Logistics Hub is the nation’s premier inland port, offering multimodal transportation options, economic advantages and supply chain services.

BNSF Intermodal Yard

n  Fort Worth Alliance Airport (AFW)—A 100% industrial airport anchored by FedEx

Fort Worth Alliance

n  BNSF Railway’s Intermodal Facility n  BNSF Railway and Union Pacific Class I rail lines n  Interstate Highway 35W connects from Mexico to Canada

Fort Worth Meacham International

n  Foreign-Trade Zone No. 196 consistently ranks as one of the top General Purpose FTZs in the United States in terms of the value of foreign goods admitted n  U.S. Customs and Border Protection n  Transload facilities immediately adjacent to intermodal yard planned

Centennial Yard

n  Container yard planned n  Located within the 27,000-acre AllianceTexas development that includes office, retail, and residential development.

Legend Predesignated Foreign Trade Zone “Magnet Sites”

Any company may locate on this land and simply activate with Customs.

Company/Site-Specific Foreign Trade Zones For companies wanting FTZ status but which cannot locate in an existing magnet site.

Railyard / Intermodal Facility Distribution Centers Custom Port of Entry Rail Line

Legend: Occupation Jobs  |  Median hourly earnings

108

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Transportation, Storage, and Distribution Managers 4,547 | $46.10

Shipping, Receiving, and Inventory Clerks 23,924 | $16.14

Miscellaneous Assemblers and Fabricators 29,658 | $14.12

Inspectors, Testers, Sorters, Samplers, and Weighers 14,839 | $18.21

2021


INDUSTRY | LOGISTICS

McKinney National Airport

Kansas City Southern Wylie Rail Yard

Addison Airport

Dallas Fort Worth International Airport

Kansas City Southern Garland Rail Yard

Dallas Love Field

The southern Dallas County inland port region is recognized for its premier rail service and interstate highway connections supporting regional access to North American and international ports.

Union Pacific Rail Yard Union Pacific Rail Yard -GM

Southern Dallas County Inland Port

Union Pacific Miller Intermodal Facility

n  Unsurpassed access to Interstates 20, 35 and 45

Union Pacific Dallas Intermodal Terminal

n  Large acreage sites for manufacturing and distribution n  Heavy redundant electricity n  Lancaster Airport (306 acres, general aviation)

Lancaster Regional Airport

n  Dallas Intermodal Terminal, a 360acre UP Intermodal Terminal n  BNSF Intermodal facility n  Foreign Trade Zone availability

Railport

n  Triple Freeport availability n  More than 25M sq. ft. of occupied or built-to-suit warehouse, industrial, distribution, and manufacturing space; announced or built space totals 36M sq. ft. and over 8,000 acres

Union Pacific Rail Yard

Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed

Heavy and TractorTrailer Truck Drivers 67,343 | $22.11

2021

Light Truck Drivers 22,554 | $18.49

Industrial Truck and Tractor Operators 25,100 | $16.85

Laborers and Freight, Stock, and Material Movers, Hand 82,981 | $14.34

Packers and Packagers, Hand 12,773 | $12.12

Stockers and Order Fillers 58,030 | $13.48

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

109


Business & Economy

Photo: Michael Samples

Major Companies and Headquarters Top Employers Fortune 1000 Major Headquarter Relocations Recent Expansions and Relocations Small Business International Companies Foreign Direct Investment Global Trade

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

111


BUSINESS & ECONOMY | MAJOR COMPANIES AND HEADQUARTERS

Major Companies and Headquarters The Dallas-Fort Worth region has been a magnet for corporate headquarters and major company operations, attracting 24 Fortune 500 company headquarters as of 2020 (CBRE and Charles Scwhab will be added to the list for 2021) and 44 headquarters among the Fortune 1000. A diverse group of household names such as ExxonMobil, Texas Instruments, AT&T, American Airlines, Kimberly-Clark, Toyota, and McKesson call the region home, reflecting the area’s strong fundamentals when it comes to workforce, access, and cost of doing business. The region’s corporate powerhouse companies are distributed throughout Dallas-Fort Worth, an indication of its strength, depth and breadth of the workforce, and ease of navigation between cities and corporate centers. Scanning the roster of major employers located in DFW, it’s easy to see the diversity of the business community, from hightech industry leaders, telecommunications, logistics, and finance to consumer brands that impact the daily lives of families across the globe. Dallas–Fort Worth’s diverse base of employers drives the region’s economic strength, so that growth is possible even during downturns in the business cycle.

A critical mass of headquarters and major company operations Construction AECOM Andres Construction Services Austin Industries Balfour Beatty The Beck Group Brandt Builders Firstsource

AT&T Stadium

HollyFrontier

Brinker International

Hunt Consolidated/Hunt Oil

CEC Entertainment

Luminant

Cinépolis

Matador Resources Oncor Electric Delivery Pioneer Natural Resources Range Resources

Cinemark Holdings ClubCorp USA, Inc. CorePoint Lodging Dave & Buster’s

Reliant Energy

Del Frisco’s Restaurant Group

TXU

Fiesta Restaurant Group

U.S. Lime & Minerals

Hilton

Entact

Vistra Energy

Hotels.com

Fluor Corporation

Education & Health Care

Centex Corporation D.R. Horton Eagle Materials

Green Brick Partners Hill & Wilkinson Invitation Homes Legacy Housing Lehigh Hanson Company McCarthy Building Companies MEDCO Construction PLH Group Primoris Services SRS Distribution TDIndustries Turner Construction U.S. Concrete

Energy Alon USA Atmos Energy Corporation Basic Energy Services Bass Enterprises Comstock Resources Denbury Resources

Abbott Laboratories AMN Healthcare Axxess

La Madeleine LSG Sky Chefs USA Pei Wei Pizza Hut Six Flags Entertainment Park

Blue Cross Blue Shield of Texas

Smoothie King

CareNow

Texas Motor Speedway Topgolf Entertainment Group

Children’s Health CHRISTUS Health Golden Living HMS Holdings McKesson Medical City Healthcare Methodist Health System Parkland Hospital Tenet Healthcare Texas Health Resources UnitedHealthcare UT Southwestern Medical Center

EnLink Midstream Partner Exxon Mobil Corporation

American Airlines Center

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Lone Star Park

Baylor Scott & White

Leisure & Hospitality

Energy Transfer

112

Halliburton

Manufacturing Airbus Helicopters Alcon Laboratories American Leather Arcosa Bell Helicopter Bimbo Bakeries USA Borden Dairy Celanese Corporation Cisco Systems Commercial Metals Dal-Tile Corporation Darling Ingredients Dean Foods Diodes 2021


2021

Financial Activities AAA Texas Alkami Technology Allstate Associa Bank of America BBVA Capital One Bank CBRE Group, Inc. Charles Schwab Citi Comerica Bank Elevate Credit Inc Federal Reserve Bank of Dallas Fidelity Investments FirstCash Globe Life GM Financial Goldman Sachs & Co. HIllwood Development Company HUB International JLL JPMorgan Chase Liberty Mutual Moneygram International Mr Cooper (Nationstar) Options Clearing Corporation ORIX USA Santander Consumer USA State Farm Insurance TD Ameritrade Texas Capital Bancshares Toyota Financial Services Veritex Holdings Wells Fargo

Professional & Business Services Accenture Alliance Data AT&T Atos IT Solutions & Services Conifer Health Solutions CoreLogic CROSSMARK CyrusOne Deloitte DXC Technology Exela Technologies Ernst & Young FedEX Office Freeman Company HKS IBM Intuit Jacobs Engineering Group KPMG McAfee Microsoft NTT Data PwC RealPage Ryan Sammons Enterprises Thomson Reuters Corp Thryv T-Mobile Tyler Technologies Verizon Communications Weaver

Trade & Transportation

Ben E Keith Company BNSF Railway Boeing Global Services Container Store Group Copart Core-Mark Dallas Love Field DFW International Airport FedEx Gamestop Greyhound Lines Hilti North America J.C. Penney Kroger Match Group McLaren Automotive Michaels Companies MV Transportation Nebraska Furniture Mart of Texas NEC Corporation of America Neiman Marcus Group Pier 1 Imports Rent-A-Center Republic National Distributing Company Sabre Corporation Sewell Company Southern Glazer’s Wine & Spirits Southwest Airlines Stevens Transport Trinity Industries Tuesday Morning Uber Technologies Union Pacific UPS Yum China Holdings

BUSINESS & ECONOMY | MAJOR COMPANIES AND HEADQUARTERS

Encore Wire Corp Ericsson Essilor Farmer Brothers Flowserve Corporation Forterra Fossil Group Frito-Lay North America Fujitsu Network Communications General Motors Integer Holdings Interceramic Interstate Battery Justin Brands Keurig Dr Pepper Kimberly-Clark Kronos Worldwide Kubota L3Harris Technologies Lennox International Lockheed Martin Mary Kay NCH Corporation Nokia North America Overhead Door PepsiCo Peterbilt Motors Poly-America Qorvo Raytheon Reddy Ice Sally Beauty Holdings Samsung Electronics America Sanden International USA Smith & Nephew Solar Turbines STMicroelectronics Tetra Pak U.S. Texas Instruments Toyota North America Triumph Aerostructures US Concrete Valhi Williamson-Dickie

7-Eleven Amazon American Airlines Group Andrews Distributing Company of North Texas At Home Group

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

113


BUSINESS & ECONOMY | TOP EMPLOYERS

Top Employers Major employers are exceptionally influential in the health and vitality of the local economy. They make up disproportionately large contributions in terms of both employment and production, and they often bring national and international ties to the community.

10,000+ Employees American Airlines Group

aa.com

Alcon Laboratories

Manufacturing

alcon.com

Allstate

Financial Activities

allstate.com

Amazon

Trade & Transportation

amazon.com

Bell Helicopter

Manufacturing

bellflight.com

Education & Health Care

bcbstx.com

Professional & Business Services

att.com

Bank of America

Financial Activities

bankofamerica.com

Baylor Scott & White

Education & Health Care

bswhealth.com

JPMorgan Chase

Financial Activities

chase.com

Blue Cross Blue Shield of Texas

Kroger

Trade & Transportation

kroger.com

BNSF Railway

Trade & Transportation

bnsf.com

Lockheed Martin

Manufacturing

lockheedmartin.com

Capital One Bank

Financial Activities

capitaloneauto.com

Medical City Healthcare

Education & Health Care

medicalcityhealthcare.com

Centex Corporation

Construction

centex.com

Naval Air Station

Government

cnic.navy.mil

Citigroup

Financial Activities

citigroup.com

Parkland Hospital

Education & Health Care

parklandhospital.com

CVS

Trade & Transportation

cvs.com

Southwest Airlines

Trade & Transportation

southwest.com

Deloitte

deloitte.com

Texas Health Resources

Education & Health Care

texashealth.org

Professional & Business Services

Texas Instruments

ti.com

Dillard's

Trade & Transportation

Manufacturing

dillards.com

UPS

ups.com

Manufacturing

Trade & Transportation

Ericsson

ericsson.com/us

US Postal Service

Professional & Business Services

usps.com

Ernst & Young

Professional & Business Services

ey.com

UT Southwestern Medical Center

Fannie Mae

Financial Activities

fanniemae.com

Education & Health Care

utsouthwestern.edu

Fluor Corporation

Construction

fluor.com

walmartstores.com

Frito-Lay

Manufacturing

fritolay.com

Gamestop

Trade & Transportation

gamestop.com

5,000-9,999 Employees

General Motors

Manufacturing

gm.com

GM Financial

Financial Activities

gmfinancial.com

Army & Air Force Exchange Service

Government

Hilton

Leisure & Hospitality

hilton.com

Financial Activities

Children's Health

kw.com

Education & Health Care

childrens.com

Keller Williams Realty

Cook Children's Health Care System

Kohl's

Trade & Transportation

kohls.com

Education & Health Care

cookchildrens.org

Macy's

Trade & Transportation

macys.com

Dallas County Community College District

Education & Health Care

dcccd.edu

Marriott Hotels, Resorts & Suites

Leisure & Hospitality

marriott.com

FedEx

Trade & Transportation

fedex.com

Michaels Companies

Trade & Transportation

michaels.com

Neiman Marcus Group

Trade & Transportation

neimanmarcus.com

Peterbilt Motors

Manufacturing

peterbilt.com

Pizza Hut

Leisure & Hospitality

pizzahut.com

Poly-America

Manufacturing

poly-america.com

Sabre Corporation

Trade & Transportation

sabre.com

Sally Beauty Holdings

Manufacturing

sallybeautyholdings.com

Stevens Transport

Trade & Transportation

stevenstransport.com

Supreme Lending

Financial Activities

supremelending.com

Tarrant County College

Education & Health Care

tccd.edu

TDIndustries

Construction

tdindustries.com

Toyota North America

Manufacturing

toyota.com/usa

Education & Health Care

utarlington.edu

AT&T

Walmart Stores

Trade & Transportation

aafes.com

Fidelity Investments

Financial Activities

fidelity.com

Home Depot

Trade & Transportation

homedepot.com

J.C. Penney L3Harris Technologies Lowe's Companies

114

Trade & Transportation

2,500-4,999 Employees

Trade & Transportation Manufacturing Trade & Transportation

jcpenney.com l3t.com lowes.com

McAfee

Professional & Business Services

mcafee.com

Methodist Health System

Education & Health Care

methodisthealthsystem.org

PepsiCo

Manufacturing

pepsico.com

Raytheon

Manufacturing

raytheon.com

State Farm Insurance

Financial Activities

statefarm.com

Target

Trade & Transportation

target.com

Tom Thumb

Trade & Transportation

tomthumb.com

University of Texas at Arlington

University of North Texas System

Education & Health Care

unt.edu

University of Texas at Dallas

Education & Health Care

utdallas.edu

Verizon Communications

Professional & Business Services

verizon.com

VA North Texas Health Care System

Education & Health Care

northtexas.va.gov

Walgreens

Trade & Transportation

walgreens.com

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


7-Eleven

Trade & Transportation

7-eleven.com

Abbott Laboratories

Education & Health Care

abbott.com

Accenture

Professional & Business Services

accenture.com

American Heart Association

Education & Health Care

heart.org

AmerisourceBergen

Education & Health Care

absg.com

Ben E Keith Company

Trade & Transportation

benekeith.com

1,000-1,499 Employees AAA Texas LLC

Financial Activities

texas.aaa.com

American Airlines Center

Leisure & Hospitality

americanairlinescenter.com

Andrews Distributing Company

Trade & Transportation

andrewsdistributing.com

Brinks Home Security

Professional & Business Services

brinkshome.com

Dallas Morning News

Information

dallasnews.com

Don Miguel Mexican Foods

Manufacturing

donmiguel.com

DXC Technology

Professional & Business Services

dxc.technology

Encore Wire Corp

Manufacturing

encorewire.com

FDIC

Financial Activities

fdic.gov

CHRISTUS Health

Education & Health Care

christushealth.org

Cisco Systems

Manufacturing

cisco.com

Collin College

Education & Health Care

collin.edu

Conifer Health Solutions

Professional & Business Services

coniferhealth.com

CoreLogic

Professional & Business Services

corelogic.com

Dal-Tile

Manufacturing

daltile.com

Federal Reserve Bank of Dallas

Financial Activities

dallasfed.org

DFW International Airport

Trade & Transportation

dfwairport.com

Freeman Company

Professional & Business Services

freeman.com

Dialog Direct

Professional & Business Services

dialog-direct.com ebby.com

fujitsu.com.us

Financial Activities

Fujitsu Network Communications

Manufacturing

Ebby Halliday Fossil Group

Manufacturing

fossilgroup.com

GEICO

Financial Activities

geico.com

gaylordtexan.com

Goldman Sachs & Co.

Financial Activities

goldmansachs.com

globelifeinsurance.com

Halliburton

Energy

halliburton.com

Education & Health Care

hms.com

Gaylord Texan Globe Life

Leisure & Hospitality Financial Activities

Great Wolf Lodge

Leisure & Hospitality

greatwolf.com

HMS Holdings

IBM

Professional & Business Services

ibm.com

Hunt Regional Medical Center

Education & Health Care

huntregional.org

JPS Health Network

Education & Health Care

jpshealthnet.org

Kindred Healthcare

Education & Health Care

kindredhealthcare.com

Keurig Dr Pepper

Manufacturing

keurigdrpepper.com

Lennox International

Manufacturing

lennoxinternational.com

KPMG

Professional & Business Services

kpmg.com/us

Liberty Mutual

Financial Activities

libertymutual.com

Lincoln Property Company

Professional & Business Services

lpc.com

Metroplex SportService

Leisure & Hospitality

txbaseball.com

Mary Kay

Manufacturing

Mr Cooper

Financial Activities

mrcooper.com

McKesson

Education & Health Care

mckesson.com

Parks Coffee

Trade & Transportation

parkscoffee.com

Microsoft

Professional & Business Services

microsoft.com

Pier 1 Imports

Trade & Transportation

pier1.com

Mouser Electronics Inc

Trade & Transportation

mouser.com

Pioneer Natural Resources

Energy

pxd.com

Nebraska Furniture Mart of Texas

Trade & Transportation

nfm.com

Qorvo

Manufacturing

qorvo.com

Nokia North America

nokia.com

Manufacturing

Manufacturing

Reddy Ice

reddyice.com

Nordstrom

Trade & Transportation

nordstrom.com

Republic National Distributing Company

Trade & Transportation

rndc-usa.com

Omni Hotels

Leisure & Hospitality

omnihotels.com pwc.com

Southern Glazer's Wine & Spirits

Trade & Transportation

PwC

Professional & Business Services

glazers.com

Professional & Business Services

realpage.com

SRS Distribution

Construction

RealPage

srsdistribution.com

Texas Woman's University

Education & Health Care

twu.edu

Safeco

Financial Activities

safeco.com

Samsung Electronics America

Thomson Reuters Corp

thomsonreuters.com

Manufacturing

samsung.com/us

Professional & Business Services

Thryv

corporate.thryv.com

Santander Consumer USA

Financial Activities

santanderconsumerusa. com

Professional & Business Services

Travelers

Financial Activities

travelers.com

Siemens

Professional & Business Services

sw.siemens.com

Trinity Industries

Trade & Transportation

trin.net

Tuesday Morning

Trade & Transportation

tuesdaymorning.com

Wabtec

Manufacturing

wabtec.com

marykay.com

Southern Methodist University

Education & Health Care

smu.edu

TD Ameritrade

Financial Activities

tdameritrade.com

Texas Christian University

Education & Health Care

tcu.edu

Vizient Inc

Professional & Business Services

vizientinc.com

Wells Fargo

Financial Activities

wellsfargo.com

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

BUSINESS & ECONOMY | TOP EMPLOYERS

1,500-2,499 Employees

115


BUSINESS & ECONOMY | FORTUNE 1000

Fortune 1000 Dallas-Fort Worth continues to draw Fortune and Global 500 headquarters through growth and expansion of local companies as well as by relocations of headquarter operations. DFW is the only region in the U.S. to host three Fortune 10 companies (Exxon Mobil, McKesson and AT&T). No other metro has more than one. These three DFW companies are also among the Global 25, second only to Beijing in number.

World Cities with the Most Global 500 HQs (2020) Metropolitan Area

44 Fortune 1000 Headquarters in Dallas-­Fort Worth (2020)

Companies

Beijing, China

56

Tokyo, Japan

37

New York

21

Paris, France

17

London, Britain

16

Seoul, South Korea

12

Chicago 11 Shanghai, China

Grapevine / Southlake / Coppell / Westlake

8

Toronto, Ontario, Canada

8

Zurich, Switzerland

8

Hong Kong, China

7

Osaka, Japan

7

San Jose, CA

7

Washington, DC

7

Houston 6 Madrid, Spain

6

Minneapolis-St. Paul

6

Taipei, Taiwan

6

Dallas-Fort Worth

5

Core-Mark Holding #240 Charles Schwab+ # 27 1 GameStop #464 Sabre #645 AMN Healthcare #939 Mr. Cooper #996

35W

Irving Exxon Mobil* #3 McKesson* #8 Kimberly-Clark #175 Fluor #181 Vistra Energy #270 Pioneer Natural Resources #341 Celanese #470 Commercial Metals #491 Michaels Cos. #544 Flowserve #650 Darling Ingredients #720 Nexstar Media Group #775

820

360

20

Fort Worth

Forbes Top Private Companies (2020)

American Airlines Group Range Resources

Rank

Company

30

Republic National Distributing Company Grand Prairie

73

Sammons Enterprises

Dallas

111

Hunt Consolidated/Hunt Oil

Dallas

112

#70 #821

City

Ben E Keith

Fort Worth

143

SRS Distribution

McKinney

153

Mary Kay

Addison

Golden Living

Plano

168

Neiman Marcus Group

Dallas

Austin Industries

Dallas

179

3

Sally Beauty  #653

8

Shenzhen, China

157

Denton

Arlington D.R. Horton

* Fortune Global 500 Companies

#183

35W

+ Announced in 2020, will be officially listed in 2021 Source: DRC Research; Fortune Magazine; Forbes Magazine.

116

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


(2020)

McKinney Globe Life

54

  #592

New York 75

35E

Plano

53

J.C. Penney #286 Yum China Holdings #361 Cinemark Holdings #736 Rent-A-Center #844

121

California

50

Richardson Lennox International Fossil Group

190

Texas

#660 #942

37

Dallas-LBJ Corridor

635

Illinois

Tenet Healthcare #174 Texas Instruments #222 Brinker International #745 Atmos Energy #802 30 Copart #984

27 Ohio

183

Dallas Love Field

0

Southwest Airlines

22

#141

30

Pennsylvania/ Virginia

12

Downtown Dallas

U.S. Metropolitan Areas with the Most Fortune 500 Headquarters

20

(CBD & Uptown)

AT&T* #9 Energy Transfer CBRE+

175

(2020 and change from 2019)

#59

SeattleTacomaBellevue, WA

#128

11 (--)

HollyFrontier #184

67

San FranciscoOaklandBerkeley, CA

Jacobs Engineering Group #206 Dean Foods

35E

19 (--)

#421

Builders FirstSource

#425

EnLink Midstream

#483

Comerica #659 Primoris Services

#762

Trinity Industries

#781

2021

BUSINESS & ECONOMY | FORTUNE 1000

States with the Most Fortune 500 Headquarters

45

San JoseSunnyvaleSanta Clara, CA

19 (--)

DenverAuroraLakewood, CO

11 (+1)

Los AngelesLong BeachAnaheim, CA

12 (-1)

DetroitWarrenDearborn, MI

MinneapolisSt. PaulBloomington, MN-WI

10

15 (-1)

New York-NewarkJersey City, NY-NJ-PA

PhiladelphiaCamdenWilmington, PA-NJ-DE-MD

65 (-3)

13 (--)

Chicago-NapervilleElgin, IL-IN-WI

Boston-CambridgeNewton, MA-NH

35 (+2)

14 (+2) WashingtonArlingtonAlexandria, DC-VA-MD-WV

Dallas-Fort WorthArlington, TX

24 (+1)

17 (+1) HoustonThe WoodlandsSugar Land, TX

22 (--)

AtlantaSandy SpringsAlpharetta, GA

16 (--)

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

117


BUSINESS & ECONOMY | MAJOR HEADQUARTER RELOCATIONS

Major Headquarter Relocations The Dallas-Fort Worth region is regularly identified as one of the nation’s top markets for new and expanded corporate facilities. Dallas-Fort Worth attracts a broad spectrum of companies. Past relocations to the region include headquarters moves for Fortune 500 and Forbes Top Private companies such as Golden Living, Fluor, Comerica, and AT&T. These companies are more recently joined by wellknown industry leaders like Toyota, McKesson, NTT Data, Jacobs, and CBRE. During the same period, companies including Amazon; Bed, Bath & Beyond; BMW; Galderma; and General Motors have expanded into distribution, logistics, and manufacturing centers. Meanwhile, corporations including 7-Eleven, American Airlines, Liberty Mutual, State Farm, FedEx, and Mr. Cooper (formerly Nationstar Mortgage) have expanded into new corporate office space.

California Acacia Research Group LLC Active Network, LLC Ameriflight, LLC Ariat Astura Medical C & S Propeller LLC Caliber Bodyworks Psa of Texas, Inc. CBRE Group Channell Commercial Corp Charles Schwab Corp Ciao Telecom, Inc. Consolidated Electrical Distributors, Inc. Copart, Inc. Core-Mark International, Inc. Daegis Inc. Dealersocket, Inc. DJO Global, Inc. Farmer Bros. Co. Finical, Inc Fonality, Inc. Glenmount Global Solutions, Inc. Ironclad Performance Wear Corporation Jacobs Engineering Group Inc

118

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Sample of Headquarter Relocations to Dallas-Fort Worth, 2010-2020 Washington Blucora

Minnesota MoneyGram Speed Commerce(Navarre)

Nebraska Colorado

Heartland Automotive Services

Cagney Global Logistics Team ProMark, LLC

Nevada CoreSpace

Arizona Core Construcction Pei Wei Asian Diner Spirit Realty Capital

Jetsuite, Inc. KVP International Kubota Tractor Corp. Loandepot.com, LLC McKesson Corporation Monkeysports, Inc. Motorsport Aftermarket Group, Inc. MV Transportation, Inc Omnitracs, LLC Pacific Dental Services, Inc. Pacific Union Financial, LLC Panoramic Doors, LLC Primoris Services Corporation Quality Custom Distribution Raytheon Technologies Corp Rixi Recovery Service Inc. SignEasy Solera Holdings, Inc. Solid Gear, Inc. SWH Mimi’s Cafe, LLC Tearlab Corporation Toyota Industries Commercial Finance, Inc. United Scientific Group LLC Vendor Resource Management, Inc.

Oklahoma

A

Global Power Equipment Group Inc. Hilti LinkAmerica

G

Austin Greenstream Seven Hills Commercial

San Antonio CHRISTUS Health

Houston At Home Group Inc. Inx Inc. Magnum Hunter Resources U.S. Concrete SOURCE: DRC Research

2021


New York

Addus HomeCare Corporation BL Restaurant Operations, LLC Boeing Global Services Ferris Manufacturing Co. Neovia Logistics Services, LLC Topgolf Entertainment Group

Massachusetts

Greatbatch (Interger Holdings) HMS Holdings Steward Health Care System LLC Imagine Communications Corp. VCE L3Harris Technologies. Signature Systems Group Six Flags Entertainment Oculus Health Taleris

New Hampshire

Michigan Warstic Bat Company

Pennsylvania

Connecticut

Sunoco LP

Ohio

Accudyne Industries iCall Inc. Powersecure, Inc. Revere Capital LLC

Paycor, Inc.

Delaware

New Jersey

Waterlogic Americas, LLC

Missouri

Cognizant Technology Solutions Corporation CVE Technology Group Digility Inc.

GKN Aerostructures*

Arkansas

Golden Living

Tennessee

Dynamic Energy Alliance

Georgia United Mobile Solutions LLC

Louisiana Smoothie King Franchises, Inc.

Alabama Zoe’s Kitchen

Other New HQ Establishments (International) Advam Pty Ltd. Baicells Technologies Co., Ltd. Basis Technology Corp. BRP Inc Chip 1 Exchange Cinepolis Luxury Cinemas Comparex USA Inc. ezyVet Ltd. F-Wave Company Ltd. GuestLogix Inc Hilti, Inc. Hisun Motors Corp., U.S.A. KT&G Corporation Kidzania, S.A.P.I. de C.V. Kubota Tractor Corporation 2021

Florida CCS Medical Fiesta Restaurant Group Emerald Transformer European Wax Center PGA of America Inc

Labelcraft Products Limited LeClanche SA Lone Wolf Real Estate Technologies Inc McLaren Automotive, Inc. Macquarie Infrastructure Corporation NGC Renewables, LLC Nutribiotech Co., Ltd Oyo Hotels Oki Data Americas, Inc. Smith & Nephew Trading Group Ltd. Toyota Motor North America, Inc. Trend Micro Incorporated Triathlon Battery Solutions, Inc. Zinwave Ltd.

Supporting Corporate Moves The Dallas Regional Chamber, or DRC, works closely with many companies that decide to locate major corporate facilities here, particularly headquarters. Our team knows how important these decisions are for both companies and their employees. We help companies understand this region fully—from our demographics, labor costs, transportation assets, real estate options, or taxes and incentives that might apply to a project. Often we do it face to face. We visit companies and host executives here, including multiday visits during which we often engage Dallas-Fort Worth area business and civic leaders or subject-matter experts with the candidate company team to achieve the peer-to-peer conversations that are so meaningful in selling DFW. But we’re not just about the cold, hard facts and the sales pitch. We continue to work with companies—and particularly employees—that decide to move here. Corporate moves often impact hundreds, even thousands, of employees and families. Those employees have lots of questions, and each family situation is different. For all major corporate relocations, the DRC offers to meet with employees and families that suddenly have the opportunity to become new Texans. We have held several “town hall” meetings with company employees around the U.S., sharing information and our experiences of living in the DallasFort Worth area. Our goal is to help the employees understand why our region is a great place to live, raise a family, and prosper. Eyes light up when we show pictures of homes with affordable prices, the arts and cultural amenities, our parks and trees and lakes, our foodie places, our outstanding medical care, dog parks, light rail, and bike trails—as well as the many facts and anecdotes that help them realize that DFW is a more robust, culturally, and socially diverse place than they might have thought. And those who already know the area well, or might be from here, just get more excited about the move. Helping employees after a move is announced is a benefit to the company and its employees. It’s fun and very meaningful for the DRC’s economic development team and an important part of the Dallas Regional Chamber’s corporate recruitment platform.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

BUSINESS & ECONOMY | MAJOR HEADQUARTER RELOCATIONS

Illinois

119


BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS

Sample of Recent Dallas-Fort Worth Expansions and Relocations 2020 Announcements 1

2

3

4

5

6

7

8

Billings Productions, manufacturer of animatronic dinosaurs, moves HQ and 50 jobs into 73K sf warehouse in Allen Crawford & Co., Atlantabased insurance claims processor, expands into a 70K sf facility housing up to 750 jobs in Allen Micron Technology, Boise-based technology firm, expands its design engineering operations with 200 workers and a 37K sf building in Allen Amazon announces a new delivery station in Arlington with hundreds of jobs starting at $15/hr Nanoscope Technologies, developer of biomedical devices and therapies, is moving its HQ to an Arlington Opportunity Zone Han’s Laser Smart Equipment Group NA, a China-based company, signed a 45K sf lease in Carrollton to house a SW HQ and 75 jobs CBRE, a Fortune 500 real estate brokerage firm, is relocating its HQ from LA to Dallas and consolidating many of its 1,300 employees in DFW KeHe Distributors, Chicago-based organic food distributor, will open a 994K sf, $52M warehouse in southern Dallas

9

10

11

12

13

14

15

Cardinal Paint & Powder, a CA-based manufacturer, will construct a manufacturing and distribution center in Decatur creating 80 jobs Lowe’s will construct a 650K sf distribution center in Denton bringing 100 jobs in the first year Amazon selects Forney for an $80M, 1M sf fulfillment center creating 500 jobs Goodyear Tire & Rubber Company breaks ground on a 1.2M sf distribution facility and will create 160 positions in Forney Ariat, western wear manufacturer, will relocate its HQ from CA to an 800K sf facility in the AllianceTexas Corridor of Fort Worth bringing 450 jobs Incora, aerospace supply chain services provider, to relocate its HQ from CA to Fort Worth with a $6M capital investment and 239 jobs Linear Labs, electric motor manufacturer will develop a 500K sf plant and create 1,200 jobs in Fort Worth

16

17

18

19

20

21

22

23

US Auto Parts, a CA-based car parts manufacturer to open a 210K sf distribution facility in Grand Prairie bringing 150 jobs Amazon set to construct a 1M sf warehouse on DFW Airport property in Irving creating 1,000 new jobs Hello Fresh, Germanybased meal-kit company, unveils a new 375K sf distribution center and 1,200 jobs in Irving Neighborly, Wacobased home service brand franchisor, opens 2nd HQ in a 34K sf facility in Irving bringing 160 jobs PFSWeb, Allen-based e-commerce services provider, opens 57K sf fulfillment center in Irving creating 300 jobs PlayPower, playground equipment manufacturer, relocates HQ from NC to Irving bringing 215 jobs Vistra Energy, a Fortune 500 energy company, expands its HQ in Irving, occupying 406K sf and employing 2,500 Boise Cascade, ID-based door manufacturer, announces a 150K sf distribution facility in Lancaster

24

25

26

27

28

29

30

DSV Logistics, NJ-based logistics firm, plans a 1M sf distribution and regional office complex in Lancaster delivering 400 jobs UNFI, a RI-based food wholesaler, announced the addition of 236K sf of distribution space in its Lancaster facility Retractable Technologies, a medical supply company, announces expansion of syringe manufacturing operations in Little Elm to support COVID vaccination effort Sunrider International, CA-based health and wellness company will relocate manufacturing and R&D operations to a 1M sf facility in Midlothian creating 210 jobs ProtectAll, provider of furniture warranties, to relocate HQ from FL to North Richland Hills bringing 100 jobs Appen Global, Australiabased machine learning and AI company, to occupy 50K sf and employ 300 workers in Plano First United Mortgage, OK-based financial institution, to expand and lease 60K sf facility in Plano bringing 170 and creating 50 jobs

31

32

33

34

35

36

37

Flexential expands its data center footprint in Plano with an additional 146K sf and adding 2.25MW of capacity Peloton, interactive fitness platform provider, announces expansion of 104K sf at Plano campus and creating 1,600 jobs Bombardier, Canadabased aerospace manufacturer, acquires Triumph Group’s wing program in Red Oak maintaining more than 800 jobs Compass Datacenters announces phase II of a 225-acre data center project in Red Oak Amazon plans to build a 141K sf distribution and fulfillment center in Richardson adding 140 jobs Chewy, online pet supply retailer, announces a 72K sf call center in Richardson 1836 Farms, AZ-based organic milk producer, will expand operations at a 34K sf facility in Terrell and creating 50 jobs

2019 Announcements Company 38

AeroMax Industries Inc.

39

Allstate Insurance

40

Astura Medical

41

Chip1

42

Cognizant Technology Solutions

43

Eternity Technologies, Inc.

46

44

European Wax Center, Inc.

125

45

Flowserve Corporation

46

Fundbox

Company

20

47

Goodyear Tire & Rubber

1,300

48

Hedera Hashgraph LLC

49

JPMorgan Chase

30

50

500

100

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Number of Jobs Created

Company

Number of Jobs Created

56

Oyo

57

Panoramic Doors, LLC

58

Quality Custom Distribution

KT&G Corporation

59

Raytheon

500

51

KVP International, Inc.

60

Sally Beauty

300

52

Louis Vuitton

61

Samsung

320

53

Mars Confectionary

62

Samsung SDS America

54

McLaren Automotive, Inc.

30

63

SRS Distribution

55

Mid States Distribution

100

64

Stanley Black & Decker

-

4,000

400

100 17

196 300

2021

Source: DRC Research

120

Number of Jobs Created


9

60

59

44 26

3

29 66 62 48

68

50 65 14 55

72 20 21 67 54

28

16 41

36

6

39 22 40 71 45 17 61 19 18 53 57

1 2

32

64 15

51

63 58 44 49 42 46 70 30

13

BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS

10

31 35

56 69 7 12

4

47

37

11

5

25 23 24 8

34 33

27

52

Company 65

Team Promark, LLC

66

Texas Instruments

67

The Boeing Company

2021

Number of Jobs Created

Company 68

The Charles Schwab Corp.

500

69

Uber

100

70

USAA

Number of Jobs Created

3,000

Company 71

VariSpace

72

Waterlogic Americas, LLC

Number of Jobs Created

164

850

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BUSINESS & ECONOMY | SMALL BUSINESS

Small Business According to the Small Business Administration (SBA), businesses with fewer than 500 employees represented roughly 99.7 percent of all employers nationally, created 64 percent of net new private-sector jobs, and accounted for 42 percent of private payroll. In Dallas-Fort Worth, small business is a vital part of our economic success because of its entrepreneurial spirit and drive for innovation.

North Texas Small Business Development Centers An SBDC conducts research, counsels and trains business people in managing, financing, and operating small businesses, providing comprehensive information services and access to experts in a variety of fields. Each SBDC encourages unique local efforts to meet small business needs in its area.

97% of establishments in the DFW Region have fewer than 100 employees Establishment Industry

Mining (1,107)

70.6%

Utilities (256)

56.6%

Construction (11,315)

73.4%

5.3% 26.4% 34.4% 24.2%

Large

More than 500 employees

0.0%

0.9%

2.6%

0.4%

7.8%

1.2%

2.1%

0.3%

8.0%

0.9%

 Wholesale Trade (9,484)

69.1%

28.2%

2.7%

0.3%

 Retail Trade (20,542)

66.6%

29.9%

3.5%

0.0%

66.4%

27.4%

5.0%

1.2%

64.8%

29.0%

5.0%

1.2%

Transportation And Warehousing (4,462) I Information (3,159)

North Central Texas SBDC Serving: Cooke, Denton and Montague Counties Hosting Agency and Satellites: North Central Texas College; Denton Chamber Satellite

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

93.8%

Medium

100-499 employees

40.4%

Navarro SBDC Serving: Ellis Freestone, Limestone and Navarro Counties Hosting Agency and Satellites: Navarro College; Waxahachie Satellite; Mexia Satellite; Fairfield Satellite

122

Forestry, Fishing, Hunting, & Agriculture Support (113)

Small

10-99 employees

50.7%

Dallas Metropolitan SBDC Serving: Dallas County Areas Hosting Agency and Satellites: The Bill Priest Institute of El Centro College; Addison Treehouse Satellite; Garland Chamber Satellite

Source: North Texas SBDC Network

Micro

Fewer than 10 employees

M Manufacturing (5,473)

Collin SBDC Serving: Collin County Area Hosting Agency and Satellites: Collin College

Tarrant SBDC Serving: Tarrant County Hosting Agency and Satellites: Tarrant County College; Arlington Chamber Satellite; UTA Satellite; North Richland Hills Satellite

(Total Establishments)

OTHER

Finance And Insurance (11,585)

79.5%

17.9%

2.1%

0.6%

Real Estate, Rental, And Leasing (8,615)

86.4%

12.4%

1.1%

0.1%

Professional, Scientific, 83.1% And Technical Services (21,531)

15.3%

1.4%

0.2%

9.9%

2.7%

5.9%

0.6%

Management Of Companies And Enterprises (1,932)

51.6%

Admin, Support, Waste Mgt, Remediation Services (8,766)

67.7%

Educational Services (2,188)

64.8%

31.5%

3.2%

0.5%

Health Care And Social Assistance (19,890)

70.4%

26.8%

2.4%

0.4%

Arts, Entertainment, And Recreation (1,995)

64.0%

31.4%

4.4%

0.3%

Accommodation And Food Services (14,529)

40.7%

2.1%

0.1%

Other Services (Except Public Administration) (13,058)

78.1%

1.0%

0.1%

2.8%

0.3%

= Total

(160,269)

69.8%

35.8% 25.8%

57.1% 20.8% 27.0%

2021


8

BUSINESS & ECONOMY | SMALL BUSINESS

12 4

2 7 9

11 11 2

15 9

1

10 5 4

7 6

1

3

3

8

13

14

10

6

Many industry lists recognize and honor success, innovation, and growth in startups and small businesses. Inc. Magazine’s Inc. 5000 and Entrepreneur Magazine ‘s Entrepreneur 360 are two of the best known. Inc. 5000 ranks the nation’s fastestgrowing private companies. To qualify, companies must be US-based, privately held and independent, and should be able to show three full calendar years of sales. The Entrepreneur 360 awards are reserved for small businesses that are exceptional performers in the areas of impact, innovation, growth, and leadership.

Inc. 500: America’s Fastest-Growing Private Companies 11 companies in Dallas-Fort Worth made the Inc. 500 list in 2020 and a total of 158 companies were listed in the Inc. 5000 Rank Company 1 7 Case Energy Partners 2 21 Napali Capital 3 52 Allata 4 176 Circle L Solar 5 227 Blueprint to Practice Automation 6 264 Almaguer Logistics 7 327 Embark 8 335 Go Energistics 9 375 BILT 10 411 Koddi 11 414 Integra Mission Critical

3-Year Growth 17,922% 10,957% 5,753% 2,251% 1,948% 1,690% 1,391% 1,359% 1,211% 1,120% 1108%

Industry Energy Real Estate IT Systems Development Energy Consumer Products & Services Logistics & Transportation Financial Services Construction Consumer Products & Services Software Engineering

City Dallas Southlake Dallas Fort Worth Celina Dallas Richardson Dallas Grapevine Fort Worth Dallas

Entrepreneur 360 15 companies in Dallas-Fort Worth made the Entrepreneur list in 2019

Sources: Inc. Magazine, Entrepreneur Magazine

2021

Rank Company 1 33 Uworld 2 92 Tek Leaders Inc 3 144 Cariloop 4 152 Nexrage Studios 5 171 5 6 182 Tricolor 7 231 Ironside Human Resources 8 242 JP and Associates 9 252 Enseo 10 253 Pioneer Technologies Inc 11 255 AVIO Consulting 12 274 JW Logistics 13 293 Elite Payroll and Staffing Services 14 299 Smart City Locating 15 358 Enchill Property Management

Business Online Test Preparation IT Services Digital Health and Wellness Custom Software Energy Advisory Automotive Dealership Healthcare Staffing Real Estate Brokerage Hospitality Media Network IT Services Digital Consulting Distribution and Delivery Staffing Services Apartment Locator Property Leasing

City Dallas Plano Dallas Plano Irving Dallas Dallas Frisco Plano Irving Addison Frisco Haltom City Dallas Dallas

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BUSINESS & ECONOMY | INTERNATIONAL COMPANIES

International Companies The Dallas-Fort Worth region is home to an impressive group of foreign-based subsidiaries, hosting North American headquarters or major operations. International corporate investment in the region reflects the strength and diversity of the DFW economy and stellar access to U.S. and global markets by ground or air, especially through Dallas Fort Worth International Airport.

Dallas-Fort Worth International Companies Sample U.S. Headquarters and International Subsidiaries in the DFW Region 7-Eleven (Japan) Accenture (Ireland) Alcon Laboratories (Switzerland) Andritz Separation (Austria) Argos Ready Mix (Colombia) Associated Air Center (UAE) Atos NA (France) Balfour Beatty Construction (England) BBVA Compass (Spain) Bombardier Aviation Services (Canada)

Epiroc Drilling Solutions (Sweden)

Lehigh Hanson Co (Germany)

Experian (England)

LSG Sky Chefs (Germany)

Flex Ltd (Singapore)

Luxottica Retail (Italy)

Fujitsu Network Communications (Japan)

Main Event Entertainment (Australia)

Schneider Electric (France)

Gerdau Corp (Brazil)

Mission Foods (Mexico)

Greyhound Lines (Scotland)

Smith & Nephew (England)

Mitel Networks USA (Canada)

HOYA Vision Care North America (Japan)

Nautilus Hyosung America (South Korea)

SMS Infocomm Corp (Taiwan)

Hyundai America Shipping Agency (South Korea)

Nokia North America (Finland)

Lhoist North America (Belgium)

Infosys (India)

Samsung Electronics America (South Korea) Saputo Dairy Foods USA LLC (Canada) Signet Jewelers (Bermuda)

STMicroelectronics (Switzerland) TATA Consultancy Services (India)

NTT Data (Japan)

The Apparel Group (Hong Kong)

Bottle Rocket (England)

Interceramic (Mexico)

Cinepolis USA (Mexico)

Oldcastle Building Envelope (Ireland)

Jones-Blair Co (Denmark)

Transamerica (The Netherlands)

Delta Electronics USA (Taiwan)

Orthofix (Netherlands Antilles)

KPMG (The Netherlands)

Elbit Systems (Israel)

Kubota Tractor Corp (Japan)

SAFRAN Electrical & Power (France)

Weir Oil & Gas (Scotland)

T-Mobile (Germany) Trend Micro NA (Japan)

Honorary Consuls & Consuls General Serving Dallas-Fort Worth Belgium Belize Cambodia Canada Chile Cote D`Ivoire

Denmark Ecuador El Salvador Finland France Germany

EB-5 Investment Visa Program The EB-5 Investment Visa Program is the immigrant visa category for foreign entrepreneurs and investors. Through the EB-5 program, a foreign national can obtain lawful permanent resident (LPR) status in the United States for himself / herself, a spouse and unmarried children under age 21, in return for making a qualified investment in a U.S. enterprise.

124

Honduras Iceland Italy Japan Malta Mexico

Monaco Morocco Netherlands Norway Peru Philippines

Romania Sierra Leone Slovakia South Africa South Korea Spain

Sri Lanka Sweden Switzerland Taiwan Thailand Tunisia

United Kingdom Uruguay

EB-5 Opportunities in North Texas: Civitas Texas Regional Center (Multiple Regional Centers operate out of this location) civitascapital.com CDRC | City of Dallas Regional Center cdrc.us CP Regional Center/ CP Southern Regional Center cphomes.us ETRC | Encore Texas RC, LLC encoreeb5.com

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Frisco Texas International Development Center friscotxeb5.com North Texas EB-5 Regional Center LLC ntxregionalcenter.com Renewable Texas Energy Regional Center texaseb5rc.com Texas EB-5 Regional Center/US Freedom Capital-Texas usfreedomcap.com

2021


United Kingdom

2

Canada Japan France

121

Switzerland 35W

Germany

12 7 6 14

35E

Other

13

75

190

10 9

5 1 8

820

635

183

30

BUSINESS & ECONOMY | INTERNATIONAL COMPANIES International Companies

Company parent country

4

12

11

30 360

3 175

1. Nokia is a Finland-based

company which designs, develops, and builds communications networks. It 35W supplies equipment, software, and related services to telecom carriers and network service providers, as well as enterprise and government customers.

2.  Tetra Pak is a Swedish food

processing and packaging solutions company. Tetra Pak provides products that reach hundreds of millions of people in over 170 countries.

Source: BusinessWise; fDi Markets

3.  Airbus Helicopters is a

division of Airbus Group, a global leader in aeronautics, space, and related services headquartered in France. It is the world’s leading helicopter manufacturer, providing civil and military solutions for customers who serve, protect, save lives, and safely carry passengers in highly demanding environments.

4.  Sumitomo Mitsui Banking

Corporation is the second largest bank in Japan, with offices in 40 countries around the world and providing services

2021

across trade finance, project finance, real estate finance, loan servicing, and cash management. SMBC announced its new Dallas Representative Office in early 2018.

5.  Essilor of America is a

subsidiary of Paris-based Essilor International, which operates about 250 prescription laboratories that manufacture corrective lenses worldwide. The company makes and distributes optical lenses under the Airwear, Crizal, DEFINITY, Transitions and Varilux brand names, among others.

6.  Hilti Corp. is a Liechtenstein-

based company that develops, manufactures, and markets products for the construction, building maintenance, and mining industries, primarily to the professional end-user.

7.  Bombardier Recreational

Products is a Canadian maker of recreational vehicles, including the Ski-Doo snowmobile, the CanAm motorcycle, and the Sea-Do jetski. BRP, traded on the Toronto Stock Exchange, announced in

20 2017 that its U.S. headquarters 67located in Plano, TX. would be 35E largest 8. GRUMA is the world’s manufacturer of corn flour and tortillas. Based out of Mexico, GRUMA began its operations in Texas in 1982 and is the presentday parent company of Mission Foods Corp. based in Irving, TX.

9.  NEC Corporation of America

is the principal subsidiary of NEC Corporation, a Japanese multinational provider of IT services and products, enterprise solutions, servers, telecom products and services, and consumer electronics.

10.  BT Americas is the North

American subsidiary of UKbased BT Group, which provides information and communications services, as well as network equipment, network services, software, business solutions, and integrated data services to corporations around the world. BT Americas is headquartered in Irving, TX.

11. Santander began its

Santander but has since expanded to North America, 45 offering comprehensive banking services to help people and businesses save, spend, and manage money.

12.  Toyota North America announced its North American headquarters move from California to Plano, TX in 2014. Headquarters operations include Toyota Motor Sales, Toyota Motor Engineering & Manufacturing, and Toyota Connected.

13.  Galderma USA is a subsidiary of its Swiss-based parent, the world leader in providing science-based skin health solutions to health care professionals and their patients at all ages and stages of life.

14.  Ericsson Inc. is the subsidiary of Sweden-based global wireless network equipment leader Telefonaktiebolaget LM Ericsson. Its core network products are antennas, transmitters, and switching systems used to build wireless networks.

operations in Spain as Banco

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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BUSINESS & ECONOMY | FOREIGN DIRECT INVESTMENT

Total Jobs Created, 2010-2019 7,000 6,000 5,000 4,000 3,000 2,000

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Top Source Countries for FDI into DFW Total Number of Projects, 2010-2019 70 60 50 40 30 20 10

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Foreign Direct Investment, or FDI, generally occurs when a foreign company invests in a U.S. business. FDI plays a key role in promoting international economic integration as it encourages the transfer of technology and knowledge sharing between investments’ sources and destinations. The Dallas-Fort Worth region attracts a significant amount of investment from foreign-owned entities. Over the past 10 years, 327 companies from 39 countries have invested in 365 projects that created nearly 42,000 new jobs and a total capital expenditure of $13.68 billion. Software & IT Services is the top sector for FDI into DFW with almost one-fifth of projects. This sector has also produced the highest number of FDIrelated jobs. By far, the UK accounted for the greatest number of investments with 60, followed by Canada (42), Germany (37), and Japan (35). Japan posted the largest total capex at $2.55 billion, as well as the greatest number of total jobs created at 7,725. Even with Chinese and Japanese totals, the Asia-Pacific region’s 107 projects fell well behind Western Europe’s 191 projects. However, Asia-Pacific posted the greatest total investment at $6.47 billion and jobs created at 21,660.

Top DFW Sectors for FDI

Ki Un ng ite do d m

Foreign Direct Investment

Top Source Countries for FDI into DFW Total Capital Expenditures, 2010-2019 (In Millions $US) 3,000 2,500 2,000 1,500 1,000 500

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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126

Source: fDi Markets

an

0

2021


Year

Number of Jobs Created

Project

Type of Project

1 2019 247

Core5 Industrial Partners (Japan)

Construction

2 2018 2,354

Lesso Group (China)

Construction

3 2017 1600

NutriBiotech (South Korea)

Manufacturing

4 2016 400

HelloFresh (Germany)

Logistics, Distribution & Transportation

5 2015 344

Kubota Tractor (Japan)

Headquarters

6 2014 4,000

Toyota Motor (Japan)

Headquarters

7 2013 1800

Aegis Limited (India)

Customer Contact Center

8 2012 350

Flexpipe Systems (Canada)

Manufacturing

9 2011 1000

Aegis Limited (India)

Customer Contact Center

10 2010 500

Samsung Telecommunications (South Korea)

Logistics, Distribution & Transportation

BUSINESS & ECONOMY | FOREIGN DIRECT INVESTMENT

Top FDI Projects Per Year by Jobs Created

1 2

6

5 10 9 7

3

4

8

2021

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BUSINESS & ECONOMY | GLOBAL TRADE

Global Trade According to the International Trade Administration, the Dallas-Fort Worth metropolitan area was the 7th largest export market in the U.S. in 2019, with merchandise shipments totalling $39.5 billion. This accounts for 12.8 percent of Texas goods exports and represents an 8.9 percent increase over the prior year. The latest data available indicates that 8,441 companies exported goods from the Dallas metropolitan area. Of these, 87 percent were small- or medium-sized exporters (SMEs) with fewer than 500 employees. The top Dallas-Fort Worth area export markets included USMCA partners Mexico and Canada as well as South Korea, Taiwan, China, Japan, Singapore, the Netherlands, Germany, the U.K. and the Philippines. Expansion of the DFW global trade footprint is a primary reason why the region’s Gross Metropolitan Product is the fastest growing among major metropolitan areas over the last decade. The DFW economy punches above its weight. While the region accounts for 26 percent of the population in Texas, the DFW share of the Texas economy is 32 percent.

DFW Trade Around the World 2020 Top Trading Partners—DFW Trade District

Canada $3.3 Billion

30.3% Exports 69.7% Imports

2.7% Exports 97.5% Imports

United Kingdom $2.6 Billion

DFW Trade

Total Value of Goods in U.S. Dollars

$68.5 Billion 33.6% Exports 66.4% Imports

Data represents total value/tons within the DFW Customs Trade District, which includes Dallas Fort Worth International Airport, Austin, San Antonio, Fort Worth Alliance Airport, Addison Airport, Amarillo, Midland International Airport, Lubbock, Oklahoma City, and Tulsa. However, the DFW region represents 97 percent of the total value of goods traded in the entire trade district.

Exports from DFW to Select Economic Regions (2020)

South/Central America

$0.1 $0.19

OPEC

$0.28

Australia and Oceania

$0.63

LAFTA ASEAN European Union

Source: USA Trade Online

Africa

$0.73 $3.07 $4.92

NATO

$5.47

NICS

$8.57

OECD

$13.03

Asia

$15.49

APEC

$15.87

All Nations $0

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$23.01

$5B

$10B

$15B

$20B

$25B

2021

$30B


40.6% Exports 86.1% Imports

47.9% Exports 52.1% Imports

Vietnam $7.9 Billion 13.9% Exports 94.3% Imports

Japan $3.5 Billion

45.4% Exports 54.6% Imports

Trade Deficit

BUSINESS & ECONOMY | GLOBAL TRADE

Ireland $2.3 Billion

Germany $1.8 Billion

Note on differing export measurements: USA Trade Online reports exports from final port of exit (e.g. goods bound for export from DFW that pass through other ports, like LAX, will be counted as an export from LAX), while US International Trade Administration reports exports from port of origin.

South Korea $6.7 Billion

Trade Surplus

62.6% Exports 37.4% Imports

Taiwan $4.7 Billion

58.5% Exports 41.5% Imports

Singapore $1.7 Billion

70% Exports 30% Imports

China $15.5 Billion

33.6% Exports 84.1% Imports

Top DFW Export Sectors Trade Value (In Billions)

Aerospace Product and Parts Manufacturing

$8.2

DFW Trade with Target Markets* % of DFW Export

20.8%

Communications Equipment Manufacturing

$3.4

Semiconductor and Other Electronic Component Manufacturing

$3.0

Motor Vehicle Manufacturing

$2.7

6.8%

Motor Vehicle Parts Manufacturing

$1.9

4.8%

2021

8.6%

Mexico

$1.124 Billion

France

$1.571 Billion

Australia 7.6%

$707.5 Million

Spain

$189.5 Million

49.9% Exports 50.1% Imports

66.1% Exports 33.7% Imports

69.2% Exports 30.8% Imports

61.6% Exports 38.4% Imports

*Factors used to determine target market status include direct flights, foreign direct investment, trade volume, business environment compatibility and populationrelated statistics. Six additional target markets are also top trading partners: Canada, China, Germany, Japan, South Korea and the United Kingdom.

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Innovation is in our DNA • 15 companies with 1000+ employees • International Business Capital of North Texas • One of the highest concentrations of tech workers in the DFW area Just 15 miles north of downtown Dallas, Richardson inspires innovative technology through its professionals and ever-replenishing talent pipeline via the University of Texas at Dallas, DFW’s premier research university. Find out more at www.richardsoniq.com. John Jacobs 972-792-2802 john@telecomcorridor.com

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2021


Innovation

Photo: Michael Samples

The Innovation Ecosystem Innovation Districts Centers of Excellence

2021

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INNOVATION | INNOVATION ECOSYSTEM

The Innovation Ecosystem Texas is arguably the No. 1 state in the country in which to do business, and Dallas-Fort Worth is one of the best places in the country to start a business. An explosion of new startups, coworking spaces, incubators, and accelerators are building a thriving entrepreneurial ecosystem in the region.

Dallas has a top 10 digital infrastructure and environment among global metros

Deloitte Green Innovation

— fDi Intelligence

Dallas is one of the top 10 hottest startup communities in America

Panther Lab Makerspace

— Inc. Magazine

DFW is home to one of four satellite offices of the United States Patent & Trademark Office

The Makerspace at Walsh

Western Heritage Center WeWork CityCentral CoLAB Common Desk CommonGrounds WorkLodge TECH Fort Worth The Backlot AccelerateDFW Craftwork Coffee Co. Ensemble Rising Tide Initiative Locavore WeWork 76107 collective

Benbrook Makerspace

Alcon Experience Center

The North Texas Innovation Alliance Formed in 2020, The North Texas Innovation Alliance (NTXIA) is a 501c3 consortium of cross sector partners across North Texas with the mission to be the most connected and resilient region in the country. The NTXIA is the largest smart region effort of its kind in the United States, and will enhance economic vitality and highlight the culture of innovation that supports companies in the region. NTXIA will address both current and evolving challenges by working collaboratively to drive innovative solutions that increase efficiencies, sustainability, economic growth, and quality of life. The consortium will also focus on regional standards and policies that will facilitate faster deployment and results. For more information, please visit www.NTXIA.com.

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The Forge

FUSE Workspace

INNOVATION | INNOVATION ECOSYSTEM

UNT Factory

Tech Culture McKinney

TechMill Stoke UNT Collab Lab Inspire Park Makerspace at Sci-Tech Discovery Center

25N Coworking Serendipidity Labs

Venture X Formation Serendipity Labs Desk WeWork Common Spaces NTT Data Collaboration Center Capital One Garage Venture X USAA Innovation Lab Industrious Ericsson Experience Center WeWork City Central Toyota Connected Spaces

Old Town Headquarters Cowork Suites

nhouse n Lab

AT&T Foundry

Sabre Innovation Hub

Spaces Colleyville Business Center

GameStop Technology Institute

The Maker Spot The Center NTEETC

Venture X Collective Office BOSS Office LIFT

Addison Spaces Treehouse

Dallas Makerspace IBM Innovation Common Desk Center Saltbox Microsoft Essilor Technology Center Innovation Center

INCUBATOR OR ACCELERATOR

TheLab.ms City Central

!

Venture Development Hexa Center (UTD) Blackstone LaunchPad The Drawing Board UTDesign Makerspace Business Lounge Dallas Venture X TI Kilby Labs

Rockwall Openspace

Rockwall Makerspace

Revolving Kitchen ATOS Business Spaces Technology & ! Innovation NEC Center Executive Intelligent Office +1Labs Varispace Briefing Match Group DFW Global CoWork Center Venture X WeWork Tech Wildcatters Venture X Moneygram Innovation Lab WeWork Engage Parkland Center for Venture X Common Desk SMU DIG Clinical Innovation SMU Incubator Biocenter (PCCI) WorkTank The Study, Irving The Mix Blackstone ! Pegasus Park Launchpad at UTSW Innovation Center ! Luminesce BioLabs Work214 Children’s Health The Slate Venture X Innovation Lab The Work ! Lodge !

Union Worx TechFW@UTA UTA Technology Incubator UTA FabLab StartupLounge Pinn Station

Arts Mission Oak Cliff

Common Desk Tyler-Station Wax Space Women Veterans’ Enterprise Center

NuvoDesk

Paul Quinn College

UNTD Red Bird Entrepreneur Center

City Central

The Office at Cedar Hill The Office in Mansfield

Spaces Samsung Research America

Common Desk

City Central

Varispace

COWORKING CORPORATE INNOVATION OR EXPERIENCE CENTER MAKERSPACE

WeWork

Industrious

Hana

Serendipity Labs

35

Spaces Common Desk WeWork Hatchways Centrl Office EY Cybersecurity Center BCBS C1 Innovation Lab United Way Sam’s Club Innovation Center Social Innovation Common Desk Accelerator WeWork

CBRE Innovation Center Kings Club 717 Harwood

NEP Studios AT&T Executive Briefing Center / Discovery District

GeniusDen

Common Desk

Health Wildcatters

RevTech Novel

Common Desk Spaces

CoLab Industrious

USPTO Regional Office

Impact Ventures Goodwork

30

The Cedars Union

Acme Creation Lab

2021

45 Bill J. Priest Institute

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INNOVATION | INNOVATION DISTRICTS

Dallas Love Field 3.4 MILES AWAY

Pegasus Park

Dallas Urban Innovation Corridor

The Centrum RewardStyle Glass-Media UT McCombs MBA at Dallas/Fort Worth Campus

UT Southwestern and Pegasus Park 3.1 MILES AWAY

One of the premier academic medical centers in the nation and nearby biohub, incubator, and center for biomedical innovation.

The ultimate collision of startups, corporations, capital, universities, housing, and retail, this corridor could be Dallas’ answer to California’s famed Sand Hill Road. Connected with transit and trails, lined with coffee shops and parks, here you will find a vibrant, walkable community fueled by idea generation and innovation.

S

Old Parkland

Perot Companies Calyx Technology

il Tra y t Ka

Reverchon Park

The center of private equity, family office, and venture capital firms, The Crescent and Old Parkland are two of the most prominent places in Dallas for capital.

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The Crescent and Old Parkland

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InfoMart (Peering Point)

Cyrus One

The Crescent

Zinwave Hana

Salesforce WeWork

Spaces

Pandora

W ar re n

Envy Gaming

Pa rk

Stackpath WeWork Extreme Reach

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DA O FactorySix03 O EY Broadjump W Cybersecurity C1 Innovation Lab Center Sam’s Club Innovation Center Bestow Vision 2 Systems Centrl Office Common Desk Alto IBM MVP Index Medecision

United Way’s Robokind Social Innovation WeWo Accelerator GigWa Tra Beck Technolo

West End Square Park

The West End

The West End

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

The collection of historic buildings is home to Dallas’ most innovative ideas. The neighborhood is a growing residential district with corporate innovation centers, creative firms, a smart cities “living lab”, and high-growth startups.

RevTech

El Centro College CodeUp USPTO Regional Office

Coding Dojo

Belo Garden

400 S. Aka (Peering Poin

2021


SMU

SMU, a nationally ranked comprehensive research university, is only 2.6 miles from The Centrum. The Cox School of BusiRichards ness ranks among the Group top business schools nationally. ZixCorp Work214

Arlington

Shokworks

The Centrum

N Software uebeam nture X

A hub of innovative thinking, The Centrum is home to high-growth businesses like GlassMedia and RewardStyle. UT McCombs MBA at Dallas/ Fort Worth Campus is located here.

AY EW

ard nt)

Active Network Omnitracs Cvent Kibo Roofstock ReelFX

Stoke Denton is Denton’s collaborative coworking center that actively participates in community tech events, provides coworking space, assists startups, and creates local jobs. Startup weekends and hackathons hosted by the University of North Texas’ Innovation Greenhouse and by local tech freelancers give novice and seasoned entrepreneurs opportunities to pitch ideas and start businesses.

Frisco

Uber announced in August 2019 that it is setting up offices in The Epic development on the edge of Deep Ellum.

Industrious DevMountain

AT&T Discovery District

The Epic Uber Spaces

Health Wildcatters Per Scholas Tech Talent South Kickbox St. Main Street East Main Garden Quarter Dialexa Paysafe AT&T Vinli Discovery Order My Gear District

GSV Labs at SoGood

Hoque Global is partnering with GSV Ventures to build a startup 2 0 incubator 21 in the SoGood development.

Esports Stadium Arlington is the largest dedicated esports facility in North America, with 100,000 square feet of tournament and gaming space. It’s also the Homestand Series site for Envy Gaming’s Overwatch League team, the Dallas Fuel. Spark, a coworking and incubator space, is planning to open nearby as part of the Texas Live! Expansion.

Denton

Uber

an Sachs on Desk

ork age axo ogy

The Centrum

Charlie Uniform Tango Industrious General Assembly

Pacific Plaza

Clusters of innovation activity exist all across Dallas-Fort Worth. Through publicprivate partnerships, cities are creating new ecosystems that encourage growth. Below are just a few examples:

INNOVATION | INNOVATION DISTRICTS

SMU

AT&T Discovery District Part of a $100 million investment AT&T is making to improve its downtown headquarters, the Discovery District is a first-of-its-kind “urban tech campus,” a showcase for new technology and innovation, and a green space with arts, music, food, and retail.

SoGood

The City of Frisco has a focus on innovation across multiple verticals, especially in smart city technology and sports innovation. It was the second city in the U.S. to enable its traffic signal network to share traffic signal data with consumer vehicles using 4G LTE and 5G networks.

Irving The Study, in partnership with the City of Irving, is a business resource center focused on empowering women-owned, minority-owned businesses, and the next-generation entrepreneurs through the collaboration of academic partners, companies, and the community.

McKinney McKinney EDC’s Innovation Fund is designed to help companies scale through “Seed to Series A” in the investment cycle and to invest in small startups at the ideation stage. The fund is a first-of-a-kind incentive platform that is a web-based application and serves as a real estate demand data aggregator. The overall goal of the fund is to invest in companies that generally would not qualify for economic incentives, through a fund that values great potential for high growth.

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INNOVATION | INNOVATION DISTRICTS

8th Ave.

South Main

iter8 Health Innovation Community

Rosedale St.

Magnolia Ave.

For decades, Fort Worth’s Near Southside is where health advancement has thrived. Now, it is also the place where entrepreneurs come to create the future. The iter8 health innovation community will open innovation and collaboration among the medical community, nearby universities, startups, and leading-edge companies by bringing people together to multiply the power of information and ideas. At the heart of this initiative is 1,200 acres that will become the common ground from which innovation begins. iter8 is a walkable, livable space designed to attract an elite base of talent to Fort Worth and broaden the city’s impact on health care. iter8fw.com

The Richardson IQ Built on the area’s rich history of innovation and entrepreneurship, the Richardson Innovation Quarter (IQ) has been precision-engineered to foster growth, attract and retain talent, and encourage collaboration. Thanks to a robust public-private partnership, this area is positioned to become the premier tech hub in Texas. Today, The Richardson IQ is home to video game giant id Software and a nano-tech lab operated by Zyvex. Honeywell manufactures sensors here, and Raytheon’s EO Innovations makes optical lenses. Digital Realty currently oversees nearly a million square feet of data centers. Ericsson, Verizon, Siemens, and Argo Data all have offices here, too. In fact, over half of Richardson’s businesses and 20 percent of the city’s jobs are located here. Modeled after highly successful projects in Barcelona, Boston, and other cities around the world, The Richardson IQ is bringing together public and private resources to modernize, revitalize, and promote this part of Richardson as a prime location for businesses— and their employees—to call home.

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Owned and operated by the City of Dallas, Love Field’s (DAL) mission is leading the evolution of the airport experience. We do this by creating innovative airport experiences, promoting safety and comfort, valuing our employees, recognizing our unique role in the Dallas community, contributing a positive economic impact and developing & maintaining our facilities – including the new Garage C. DAL parking garage rates are as low as $7/day. For more information visit www.dallas-lovefield.com. 2021

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INNOVATION | CENTERS OF EXCELLENCE

Snapshot of Centers of Excellence in DFW Business Services Accenture employs more than 2,000 people in the region, including at its local Fjord Design and Innovation Lab and Accenture Interactive initiatives that provide emerging technology use case solutions.

NTT Data Services, the Plano division of the Japan-based company, provides innovative business solutions services to clients at its Experience Center that includes a virtual Holodeck to visualize possible outcomes.

Deloitte selected Westlake to build a Deloitte University Leadership Center, where employees develop business solutions using robotics, holography, digital reality, and other emerging technologies. Clients work through business problems at Deloitte Greenhouse innovation spaces.

Wipro has a 45K square-foot cybersecurity center and hub for advanced analytics, Pivotal Center of Excellence, and DesignIt Studio. Atos North American headquarters in Irving is home to its Google Cloud Artificial Intelligence lab—the only one in North America. Cognizant, based in Irving, employees 1,100 technology professionals and is adding workers in Plano. The company will occupy 69K square feet and employ 500 workers, primarily software developers.

Deloitte University

Infosys opened the Texas Technology and Innovation Hub in Richardson which will accommodate at least

Atos

500 employees focusing on telecommunications, retail, and banking digital transformations.

towards solving complex IT, security, and business challenges.

Splunk Inc. has expanded to 84K square-feet of office space in Plano, housing 450 employees at a global innovation hub. Its Data-toEverything platform is geared

Tyler Technologies employs 850 people dedicated to digital transformation in the public sector by building critical modules for its comprehensive government services platform.

Advanced Manufacturing Texas Instruments (TI) plans to build $3.1 billion facility and create nearly 500 jobs in Richardson. TI plans to produce 300-millimeter wafers at the facility.

L3Harris is investing $18 million to expand its Advanced Systems & Technologies facility. It will grow from 49K to 84K square feet when the project is completed, and the headcount will increase to 420 from 320.

138

Raytheon is opening a 200K square foot factory in McKinney. The new facility will specialize in intelligence, surveillance, and reconnaissance systems, including electro-optical manufacturing and the production of high-energy laser systems.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Rendering of Raytheon’s new facility in McKinney Mary Kay cosmetics opened the Richard R. Rogers Manufacturing/R&D Center in 2018 in Lewisville. The new, 453K square-foot building is

Rendering: Raytheon

Elbit Systems of America, which is headquartered in Fort Worth, produces high performance components for weapons systems in the F-35 fighter jet and V-22 tiltrotor aircraft.

Ericsson opened a $100 million next-generation smart manufacturing factory in Lewisville in 2020. The stateof-the-art factory will produce 5G and Advanced Antenna System radios to boost network capacity and coverage to meet the demand for rapid 5G deployments in North America.

complete with state-of-the-art R&D laboratories, cutting-edge manufacturing technology, and zero waste to landfill.

2021


Biotech+ Hub at Pegasus Park, a 23-acre campus, just north of downtown Dallas, is under development by J. Small Investments in partnership with Lyda Hill Philanthropies. BioLabs announced its first central U.S. operation at Pegasus Park, opening a 37,000 square-foot lab space with wrap-around services to incubate and accelerate biotech companies. UT Southwestern will occupy 180,000 square feet locating 900 employees there. It will serve as home for biotech startups, and has already signed partnerships with LaunchBio and TechFW’s ThinkLab startup accelerator. It will be connected closely

with Blackstone’s UTSW LaunchPad powered by Techstars.

Pegasus Park

Alkami, a Plano-based banking solutions firm, one of the fastest growing fintech in the U.S. with 130 financial institutions and 6M users on its platform, has filed to go public in 2021.

Peloton Therapeutics and Taysha Gene Therapies are two DFW startups that have had $1 billion exits in the last two years. CBRE ranked DFW a top 10 emerging life science clusters in the U.S. In an October 2020 life science cluster report. Dallas Fort Worth International Airport has a new 37,000-square-foot cold chain storage facility. It allows the refrigerated storage and rapid delivery

Bank of America maintains a significant cybersecurity operation in DFW. Bank of America’s Global Information Security group has received SC Magazine’s professional award for Best Security Team.

to and from our region of temperature and timesensitive pharmaceuticals and therapies.

Citigroup opened one of two global Security Operations Centers in Irving where the company hosts its largest concentration of technology positions. In addition to preventing cyberattacks, the Center develops data tools and strategies to improve mobile performance.

McKesson, a Fortune 10 company and the nation’s largest pharmaceutical distributor, is now headquartered in Irving.

Retail REVTECH is a Dallas-based venture seed capital fund that identifies and develops promising startups in the restaurant, retail, and hospitality industries.

7-Eleven headquartered in Irving, has opened two lab stores in Dallas to test out innovations in the retail space. Customers can skip the line and pay for purchases on their smartphone with mobile checkout technology.

Sam’s Club Now is a first of its kind hybrid innovation lab and retail space in Dallas to test out technology-based retail enhancements, along with a Corporate Innovation Center employing 200+ engineers and design workers.

▲ Blue Cross Blue Shield C1 Innovation Lab anchors the West End Innovation District of Downtown Dallas where it houses a cybersecurity center and design think studio.

Cybersecurity

Capital One operates The Garage in Plano, a 36K squarefoot space occupied by product managers, software engineers, and designers who spin out innovative solutions and processes for Capital One’s Financial Services division.

EY opened a 14K square foot cybersecurity center in Dallas to serve as a central command for EY’s global cybersecurity practice. HCL Technologies launched a CyberSecurity Fusion Center in Frisco and will employ nearly 750 people working to shore up the enterprise security lifecycle from detection to remediation.

Cysiv, an Irving-based enterprise Security Operations Center-as-a-service company combines a threat-hunting security operations center with a managed security stack for hybrid cloud, network, and endpoint security.

2021

Photo: peshkov via iStock

TrendMicro, an IT security company, operates its US HQ in Irving employing engineers and software developers tackling hardware and software vulnerabilities for the Industrial Internet of Things (IIoT) environments, including smart manufacturing, smart cities, and smart energy.

INNOVATION | CENTERS OF EXCELLENCE

Fintech and Insurtech

Biotech

Charles Schwab relocated its HQ from San Francisco to a new 1.2M square foot Westlake campus with the capacity to house up to 6,000 employees. The announcement comes on the heels of Schwab’s acquisition of TD Ameritrade, which occupies a new 318K square foot, 78-acre facility in Southlake. The operating center houses 1,800 financial services, technology, and operations staff.

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INNOVATION | CENTERS OF EXCELLENCE

Sample of Silicon Valley Companies Operating in DFW

Seattle Companies in DFW Amazon AWS is creating 600 new technology jobs in Dallas, leasing an additional 100,000 square feet in Galleria Towers. The new jobs are in addition to their 1,500 existing technology employees in Dallas Microsoft operates a campus and Technology Center in Las Colinas, one of their largest hubs in the U.S. A recent $31 million facility investment was designed to help accelerate the adoption of cloud technology in regulated industries, such as the U.S. federal government, health care, and financial services. Slalom, a global consulting firm with a team of over 350 consultants in Dallas works with many of the Fortune 100 companies in the area helping drive innovation and complex transformational projects.

Emerging Technology

140

AI and Big Data

Blockchain and DLT

Augmented/ Virtual Reality

Plano’s Toyota Connected North America uses big data analyzed on a cloud platform to improve the driving experience and to benefit dealers, distributors, and partners. This includes analyzing traffic patterns, driving behavior, and connecting drivers to transportation systems. Worlds, a Dallas based startup, whose platform creates live AI-powered models of the real world, is helping companies achieve higher levels of automation, increase efficiency, enhance safety and security, and lower costs.

Located in Richardson, Hedera Hashgraph is a leader in enterpriseready Distributed Ledger Technology (DLT). Proposed as more secure than traditional blockchain, it can handle a massive number of transactions at a time. Hedera’s software governing council is made up of representatives from Deutsche Telekom, DLA Piper, Magazine Luiza, Nomura Holdings Inc., Swisscom Blockchain AG, IBM, Tata Communications, and Google.

Building on our deep history of video game development and software engineering, these Dallas-Fort Worth companies are creating breakthrough experiences for some of the world’s largest companies.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

900lbs BottleRocket GrooveJones M2 Studio Oculus VR Playful Studios ReelFX Spacee

(Continued)

Fidelity

Photo: Fidelity

Microsoft Technology Center

Cisco Equinix Facebook Fundbox Google HP Intuit Kodiak Robotics McAfee Oracle Palo Alto Networks Pivotal Salesforce Splunk Symantec Synopsys TripActions Uber VMWare

Fintech and Insurtech

Fidelity occupies a 332-acre campus in Westlake housing 5,300 employees. The in-house R&D lab explores applications for emerging technologies to develop products such as Fidelity Digital AssetsSM that executes cryptocurrency and other digital asset trades. Goldman Sachs hosts its third-largest workforce center in Dallas behind New York and Salt Lake City. The company has been consolidating regional offices bringing most of its 2,000 employees to the Downtown Dallas office where the Technology and Operations divisions are located. Additionally, the Richardson office is home to Goldman’s new consumer banking business called Marcus.  Intuit operates a 500+ employee facility in Plano which is the headquarters for its Strategic Partner Group. At that location, data scientists, analysts, and UX/UI designers harness data by leveraging AI/machine learning to improve processes for their customers. JPMorgan Chase announced the construction of an expansive technology headquarters campus – a 540K square foot, 12-story tower on a 50-acre campus in Plano to house almost 11,000 workers. The new campus includes a dedicated Innovation Center. MoneyGram opened its Experience Center and innovation lab in Dallas in 2018. The company is currently exploring the future of enterprise blockchain solutions for global payments and simplifying the complexities of managing and paying gig-economy workers. State Farm’s Live-Work-Play Cityline hub in Richardson is built to house 10,000 employees, many of whom are in enterprise technology and other IT positions. USAA operates a campus in Plano where the majority of the 1000+ workers are in IT and digital roles. Activities at the campus range from predictive analytics applied to potential life events, to drone use for disaster assessment.

2021


Costs & Incentives

Photo: Szepy via iStock

Cost of Doing Business Wages and Salaries Utilities - Electricity Utilities - Water, Sewer, Gas and Telecommunications Taxes and Union Activity Real Estate - Office Real Estate - Industrial Real Estate - Retail Corporate Business Climate Local, State and Federal Incentives

2021

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COSTS & INCENTIVES | COST OF DOING BUSINESS  Seattle (109.1)

Cost of Doing Business When it comes to doing business in a major metropolitan area, it doesn't get much more affordable than Dallas–Fort Worth. Dallas and Fort Worth index well below other major U.S. business centers when it comes to state and local taxes. In terms of the largest corporate expenses—labor and rent—Dallas and Fort Worth also rank well below other major U.S. markets, making the region an attractive place to expand or relocate.

  San Francisco (178.0)

 Denver (104.2)

  Los Angeles (117.1)  Phoenix (103.7)   San Diego (135.1)

Fort Wo (93

Austin (105.8)

 San Antonio (91.1)

Fort Worth Metro Division 100

97

99

91

93

84

$

Boston

187

143

113 100

Chicago

142 127

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

103

141 116

103 88

92

$

142

Los Angeles

83

99

$

99

63

$

2021


)  

 )

COSTS & INCENTIVES | COST OF DOING BUSINESS

orth 3.3)

Cost of Doing Business

100=U.S. Average

 Boston (130.7)  Minneapolis   (103.1)

  New York (156.0  Philadelphia (98.8)

 Chicago (101.6)

  Washington DC (112.1)

2-7% Lower

  Kansas City (96.8) Charlotte (88.9)  

Atlanta (91.4)  

The cost of doing business is 2-7% lower in DFW than the national average

 Dallas   (98.1) Houston (98.8) 

Dallas Metro Division

 Miami (114.3)

101 100

99

91

98

95

$

ENERGY

LABOR

TAX BURDEN

OFFICE RENT

OVERALL COST

Source: Moody’s North American Cost Review

New York

Seattle

San Diego

San Francisco 279

270 203

218 139

156 102

108 106

126

109

100

210 104

122 135

122

178 104

100

94 1040

2021

$

1040

$

1040

$

1040

$

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COSTS & INCENTIVES | WAGES AND SALARIES

Wages and Salaries Median wages and salaries in the Dallas–Fort Worth region generally track below other major metro markets, thanks to Texas’ pro-business labor environment and low taxes. An abundance of affordable housing compared to major metropolitan areas means employees can still enjoy a higher standard of living at lower costs than in other major markets.

Typical Workers’ Compensation Costs Occupation

What People in Dallas-Fort Worth Earn

Management

Legal

232,575 | Total Workers $104,555 | DFW Median $97,480 | U.S. Median

32,599 | Total Workers $87,440 | DFW Median $82,645 | U.S. Median

Business and Financial Operations

Education, Training, and Library

254,019 | Total Workers $74,069 | DFW Median $69,825 | U.S. Median

207,335 | Total Workers $53,020 | DFW Median $50,679 | U.S. Median

Arts, Design, Entertainment, Sports, and Media

Insurance Rate*

Electronic Apparatus Manufacturing

$0.85

Fabricated Products

$2.14

Machinery Manufacturing

$2.66

Computer and Mathematical

Metal Goods Manufacturing

$3.48

161,331 | Total Workers $91,058 | DFW Median $87,736 | U.S. Median

Sales and Service Hospital Professional Employees Office Worker

$1.76

70,145 | Total Workers $46,702 | DFW Median $48,803 | U.S. Median

Food Preparation and Serving Related

Construction and Extraction

310,248 | Total Workers $21,184 | DFW Median $24,253 | U.S. Median

190,901 | Total Workers $39,763 | DFW Median $45,387 | U.S. Median

Building and Grounds Cleaning and Maintenance

Installation, Maintenance, and Repair

133,618 | Total Workers $25,978 | DFW Median $27,773 | U.S. Median

161,777 | Total Workers $46,073 | DFW Median $46,018 | U.S. Median

Personal Care and Service 108,827 | Total Workers $23,980 | DFW Median $25,931 | U.S. Median

Production 207,114 | Total Workers $33,268 | DFW Median $35,796 | U.S. Median

$0.60 $0.12

Basis of Rates per $100 Payroll *Texas Department of Insurance eliminated relativities as a rate basis for policies with effective dates on or after July 1, 2020.

Architecture and Engineering 69,052 | Total Workers $85,235 | DFW Median $81,653 | U.S. Median

Health Care Practitioners and Technical 198,815 | Total Workers $69,216 | DFW Median $68,625 | U.S. Median

Sales and Related 410,340 | Total Workers $31,907 | DFW Median $30,183 | U.S. Median

Transportation and Material Moving 369,096 | Total Workers $34,176 | DFW Median $32,647 | U.S. Median

Unemployment Insurance Tax Rate

New employers who do not acquire an existing business start at a tax rate of 2.7 percent, or the NAICS industry average rate, whichever is higher. The employer will keep the entry level tax rate until the employer’s account is chargeable with claims for unemployment benefits for four complete quarters. After these conditions have been met, the effective tax rate is calculated as the sum of five components multiplied by taxable wages. For 2020, the average tax rate is 1.14 percent.

Life, Physical, and Social Science 24,146 | Total Workers $66,155 | DFW Median $68,651 | U.S. Median

Community and Social Service 46,954 | Total Workers $50,675 | DFW Median $46,105 | U.S. Median

Healthcare Support 141,000 | Total Workers $26,191 | DFW Median $28,222 | U.S. Median

Protective Service 76,099 | Total Workers $42,014 | DFW Median $41,835 | U.S. Median

Office and Administrative Support 585,956 | Total Workers $38,023 | DFW Median $37,696 | U.S. Median

Farming, Fishing, and Forestry 6,647 | Total Workers $26,240 | DFW Median $26,675 | U.S. Median

Source: Texas Department of Insurance

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2020 Jobs

2021 Jobs

2022 Jobs

2023 Jobs

DFW Median

65,822

67,401

68,700

69,807

$108,433

Computer and Information Systems Managers

11,365

11,811

12,184

12,508

$153,648

Financial Managers

17,794

18,482

19,083

19,615

$141,690

44,257

45,304

46,152

46,863

$77,044

9,174

9,316

9,437

9,539

$73,759

Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other

18,320

18,841

19,258

19,611

$80,392

Computer Systems Analysts

19,762

20,463

21,040

21,531

$93,881

23,390

24,116

24,711

25,219

$48,094

Network and Computer Systems Administrators

12,521

12,843

13,102

13,316

$88,429

Database Administrators and Architects

4,823

4,960

5,071

5,167

$101,300

Computer Programmers

9,123

9,252

9,327

9,371

$83,416

51,998

54,374

56,409

58,199

$109,329

6,157

6,286

6,390

6,473

$94,368

Registered Nurses

62,423

63,844

65,026

66,041

$75,604

First-Line Supervisors of Non-Retail Sales Workers

10,814

10,917

10,999

11,066

$72,499

First-Line Supervisors of Office and Administrative Support Workers

40,617

41,237

41,701

42,058

$58,377

12,112

12,113

12,083

12,041

$36,258

45,419

46,034

46,471

46,789

$42,857

100,868

102,188

103,128

103,820

$35,958

10,012

10,174

10,314

10,439

$44,481

23,046

23,588

24,048

24,456

$29,896

Executive Secretaries and Executive Administrative Assistants

12,104

12,135

12,113

12,059

$60,057

Office Clerks, General

92,881

94,079

94,890

95,460

$34,786

First-Line Supervisors of Production and Operating Workers

13,484

13,681

13,832

13,949

$61,600

Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers

10,972

11,072

11,142

11,190

$33,894

Miscellaneous Assemblers and Fabricators

29,658

29,693

29,648

29,555

$29,372

Inspectors, Testers, Sorters, Samplers, and Weighers

14,839

14,829

14,770

14,677

$37,884

2,093

2,102

2,110

2,115

$36,898

Occupation

General and Operations Managers

Accountants and Auditors Loan Officers

Computer User Support Specialists

Software Developers and Software Quality Assurance Analysts and Testers Mechanical Engineers

Bill and Account Collectors Bookkeeping, Accounting, and Auditing Clerks Customer Service Representatives Loan Interviewers and Clerks Receptionists and Information Clerks

Semiconductor Processing Technicians

COSTS & INCENTIVES | WAGES AND SALARIES

Key Occupations in DFW Target Industries

Source: EMSI 2021

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COSTS & INCENTIVES | UTILITIES - ELECTRICITY

Electricity The Dallas–Fort Worth region ranks close to the national median in terms of overall electric rates. The state of Texas operates on a power grid separate from that of the rest of the country, meaning DFW ranks high in electrical systems reliability. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 24 million Texas customers. Furthermore, because Texas has a deregulated electricity market, consumers can shop around and choose their service providers, giving them flexibility in pricing and service.

Rates and Reliability Competitive Monthly Billing (Dallas, 2020 rates)

Residential and Commercial 500 kWh

$61

1,000 kWh

Industrial 75 kW 15,000 kWh

$1,145

$104

75 kW 30,000 kWh

40 kW 10,000 kWh

75 kW 50,000 kWh

40 kW 14,000 kWh

1,000 kW 200,000 kWh

500 kW 150,000 kWh

1,000 kW 400,000 kWh

500 kW 180,000 kWh

1,000 kW 650,000 kWh

$788

$1,114 $11,082 $13,391

$2,316 $3,151 $14,239 $23,167 $32,140

Source: PUC - Monthly Retail Electric Service Bill Comparison for Residential Electric Service

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The U.S. electric grid is a complex network of independently owned and operated power plants and transmission lines. The state of Texas has a competitive advantage due to independence from other grids in other states.

COSTS & INCENTIVES | UTILITIES - ELECTRICITY

U.S. Electric Grid

ERCOT

(The Electric Reliability Council of Texas)

Texas Electric Generation by Source

Net Electricity Generation

GwH

% Total

U.S. Average

Petroleum-Fired

3

0.0%

22.2%

Natural Gas-Fired

19,890

51.8%

32.1%

Coal-Fired

6,664

17.3%

17.7%

Nuclear

3,103

8.1%

9.5%

0.2%

3.1%

Hydroelectric

Other Renewables

87 8,679

22.6%

9.6%

Total Net Electricity Generation 38,426 Source: Energy Information Administration

2021

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BUSINESS | UTILITIES - WATER, SEWER, GAS, AND TELECOMMUNICATIONS

Water, Sewer, Gas, & Telecommunications

Rates and Infrastructure within DFW Water and Sewer

Dallas–Fort Worth is expected to continue growing at a rapid rate. In order to keep up with projected demands for utilities, the region’s leaders have made it a priority to secure reliable sources of water and gas. The area’s numerous lakes and the abundance of natural gas reserves, located in the geologic formation known as the Barnett Shale, ensure that DFW will have access to these resources in the decades to come. AT&T and Texas Instruments, among others, call DFW home. As a result, the region is a strong telecommunications hub. Multiple carriers’ fiber networks, combined with long-haul fiber, connect North Texas cities to one another, as well as to the rest of the U.S. and the world. Redundancies in connectivity, combined with relative freedom from natural disasters, means minimal risk of downtime for any business operating in the vicinity. And with the imminent roll-out of 5G technologies by all of the major service providers, businesses in DFW will have an unlimited ability to be connected internally, to other businesses, and to their customers.

Price per 1,000 gallons

Residential

Water

Sewer

UP TO 4,000

$1.88

$5.41

4,001 TO 10,000

$4.05

$5.41

10,001 TO 20,000

$6.59

$5.41

$9.4

$5.41

$10.86

$5.41

20,001 TO 30,000 ABOVE 30,000

General Services

Water

Sewer

UP TO 10,000

$4.22

$4.56

ABOVE 10,000

$4.6

$4.56

Above 10,000 and 1.4 Times Annual Average

$7.02

$4.56

*Prices reflect prompt-pay discount and are effective Oct. 1, 2020 Source: Dallas Water Utilities

RANDELL LAKE Pottsboro ! ! Denison

LAKE TEXOMA

HUBERT H MOSS LAKE

Callisburg ! Muenster Lindsay !

Cooke

Knollwood

Sadler ! Whitesboro

Oak Ridge

Gainesville !

!

Red Riv er

Regional Water Planning Area – Region C

!

VALLEY LAKE Bells ! Savoy !

!

!

Southmayd !

LAKE KIOWA

Grayson

Sherman

!

RED

Collinsville

COFFEE MILL LAKE Ravenna

!

LAKE BONHAM

Fannin Ector

Bonham

!

!

Dorchester ! Howe !

Valley View !

Tioga

!

Whitewright !

Van Alstyne

Pilot Point

Sanger

Bridgeport

!

Bryson

!

er

!

Wise

Decatur

Denton!

!

!

Lake ! Runaway Bridgeport Bay

Melissa

!

Oak Point Ponder ! ! ! Shady Shores ! Lakewood Little Elm ! ! Village Corinth ! New DISH ! Hackberry Frisco ! ! Fairview Argyle Copper Lake Dallas ! ! Corral City! Canyon ! Hickory Creek ! ! Justin The Colony ! ! ! Rhome

Boyd

!

Springtown !

Haslet!

!

GRAPEVINE LAKE

Roanoke! Trophy Club !

Newark

!

Reno !

Hebron

!

Double Oak Flower Mound !

Aurora

EAGLE MOUNTAIN LAKE

Highland Village

Northlake Bartonville

! !

Lewisville

Fairview

Coppell

!

Westlake

Southlake ! Keller ! Grapevine Colleyville !

Lucas

!

Parker ! St. Paul ! ! Wylie Murphy !

Plano

Carrollton

!

Addison

!

!

LAVON LAKE

!

Allen !

!

!

New Hope Princeton ! Farmersville!

!

Lowry Crossing !

!

BRAZOS

!

!

Collin

Cross Roads

Blue Ridge

!

LEWISVILLE ! LAKE Prosper ! McKinney Lincoln Park !

Denton

Paradise

!

Weston

Celina

!

Aubrey! Krugerville !

Krum

!

SABINE

Jacksboro LOST CREEK RESERVOIR

!

!

Anna !

!

Ri v nity Tri

Chico

LAKE BRIDGEPORT

Ladonia

!

Leonard

!

!

Jack

Bailey

Trenton

!

!

!

Alvord

!

!

Windom

Tom Bean !

SULPHUR

Gunter

!

LAKE RAY ROBERTS

Honey Grove

Dodd City

!

!

Josephine ! Nevada ! !

Lavon

Richardson !Sachse

!

!

Farmers Branch

Royse City !

Fate

!

Rowlett Rockwall!

! Garland ! ! Mobile WHITE ! City Azle ROCK Mineral Wells ! Saginaw! Watauga! North Richland Hills ! ! University! LAKE LAKE Bedford ! Blue Mound ! LAKE RAY ! ! ! Irving Park ! Euless ! MINERAL LAKE Heath McLendon-Chisholm Lakeside! HUBBARD Haltom City Lake Worth Hurst ! Highland WELLS ! WEATHERFORD ! LAKE Sunnyvale ! Sansom Park ! ! Park Richland ! WORTH Cool NEW TERRELL ! Willow Dallas ! Fort Worth Hills Mesquite Westworth Village Cockrell CITY LAKE ! Park ! Weatherford ! MOUNTAIN ! ! Forney ! ! Balch Hill ! White Settlement ! ! Terrell ! Hudson Oaks LAKE CREEK LAKE Millsap Westover Springs Pentego ! ! Hills ARLINGTON Annetta North ! Arlington Talty ! ! ! ! ! ! Forest Annetta Benbrook Aledo Dalworthington ! ! Grand Hill ! Seagoville Post Oak Gardens Annetta South Edgecliff Village ! ! Hutchins Prairie ! ! ! Bend Kennedale ! BENBROOK Crandall ! Duncanville Oak ! ! Brazos Rive Everman LAKE Ridge Cedar DeSoto Wilmer ! ! Combine ! ! LAKE Hill Crowley Kaufman ! Lancaster ! ! GRANBURY Mansfield ! ! Cresson Oak Glenn Heights! Ferris Grove ! Red Oak ! Ovilla ! JOE ! Scurry ! ! POOL Oak Leaf Grays ! Pecan LAKE ! Rosser !Prairie Hill ! ! Midlothian Cottonwood Kemp ! Palmer ! Waxahachie !

Sanctuary !

!

Pelican Bay

NORTH LAKE

!

Rockwall

Tarrant

Parker

Dallas

TRINITY

Kaufman

r

2070 Supplies for the Largest Wholesale Water Providers in Region C

LAKE WAXAHACHIE Maypearl

!

Ennis

!

Italy

!

Emhouse

Frost

Blooming Barry ! Grove !

!

NAVARRO MILLS LAKE

Total

Dallas Water Utilities

500,097

436,063

936,160

Oak Retreat ! Valley ! Mustang ! Angus !

Navarro

North Texas Municipal Water District

400,272

635,961

1,036,233

City of Fort Worth

282,992

250,890

533,882

Trinity River Authority

155,466

156,582

312,048

54,586

141,328

Upper Trinity Regional Water District

Eureka

! !

Navarro

Richland

O

B

!

Streetman

Wortham

G

F

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Fairfield

!

Freestone Teague

!

195,914

«

I

K J

148

FAIRFIELD LAKE Kirvin

!

D

C

E

RICHLAND-CHAMBERS RESERVOIR

!

Dawson !

Regional Water Planning Area - C - Region C

A

Source: Dallas Water Utilities, Region C Water Planning Group

Henderson

Mildred

!

S

1,011,887

! Malakoff Trinidad Kerens Goodlow ! TRINIDAD LAKE

!

O AZ

539,990

!

BR

471,897

!

!

Powell

LAKE Corsicana! HALBERT

!

Tarrant Regional Water District

Eustace

Payne Springs

! FOREST ! Enchanted Oaks GROVE CEDAR CREEK RESERVOIR RESERVOIR Log Cabin ! TRINITY Caney City ! Athens ! Star Harbor !

Rice

!

!

(Acre feet per year)

New Strategies

Seven Points! ! Gun Barrel City Ri Tool v er !

!

Milford

Available

Trini ty

Alma

!

Bardwell

!

Wholesale Water Provider

Mabank!

Garrett

Ellis BARDWELL LAKE

!

L M

N

H P

MISSION The Texas Water Development Board's (TWDB) mission is to provide leadership, planning, financial assistance, information, and education for the conservation and responsible development of water for Texas.

0

5

10 Miles

Scale: 1:675,000 TEXAS WATER DEVELOPMENT BOARD 1700 North Congress Avenue P.O. Box 13231 Austin, Texas 78711-3231 www.twdb.texas.gov 512-463-7847

C - Region C County Boundaries

20

DISCLAIMER This map was generated by the Texas Water Development Board using GIS (Geographical Information System) software. No claims are made to the accuracy or completeness of the information shown herein nor to its suitability for a particular use. The scale and location of all mapped data are approximate. Map date: JAN-2014

!

Cities, Towns and Villages Major Reservoirs and Lakes Major River Basins Major Rivers and Creeks

2021


Natural Gas Rates*

The Barnett Shale

Customer Charge per Month

Commodity Charge/McF

Residential

$23.50

$0.19003

Commercial (<3,000 AVG. McF/YR)

$50.00

$0.09402

Industrial

$970.75

$0.2846 to $0.0327

*Rates are for Dallas only - different rates apply to other cities and unincorporated areas. Excludes additional charges such as gas cost recovery, weather normalization, taxes and fees. Industrial commodity charge is based on level of MMBtu’s used. Rate is current as of June 1, 2020 and is subject to change. Source: Atmos Energy Corp. Tariffs for Mid-Tex

The Barnett Shale is one of the largest natural gas fields in North America. Exploration, drilling, and production in the Barnett Shale have transformed the economy with thousands of jobs and millions of dollars in investment, and contributed to opportunities and prosperity for the entire region.

BUSINESS | UTILITIES - WATER, SEWER, GAS, AND TELECOMMUNICATIONS

Natural Gas

Telecommunications Major U.S. Internet Peering Points Seattle Minneapolis Salt Lake City San Francisco San Jose Los Angeles Phoenix

Chicago Washington, D.C.

New York

Atlanta Dallas / Fort Worth

Connectivity is a core strength of Dallas–Fort Worth. It is one of the primary peering points of all U.S. internet traffic, enabling companies located here to have fast and reliable access to the world’s telecommunications infrastructure.

Miami

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

149


COSTS & INCENTIVES | TAXES AND UNION ACTIVITY

Taxes and Union Activity Increasing business costs combined with ever-constrictive regulatory environments contribute to the rise of a business’s risks and costs. Tax burdens and labor requirements imposed on businesses create barriers to market entry and real estate development. Texas is a low-tax, business-friendly, right-to-work state. Companies from all over the United States and around the world come to do business in Texas because of low costs, central locations, and an industry environment favorable to growth and development. Because Texas is a right-to-work state— meaning employees are not required to join unions—it places high in favorable tax climate rankings. The DFW area has extremely low union activity.

Houston

4.3

Atlanta

5.1

Phoenix

6.2

Dallas

6.6

Miami

7.3

Denver

9.7

San Diego

11.7

Kansas City

11.8

Boston

13.4

Chicago

14.0

Philadelphia

14.2

Minneapolis

14.6

Los Angeles

15.0

San Francisco

15.2

Detroit

15.9

Sales Tax Rate State:  6 1/4% (0.0625) City: 1/4% - 2% (0.0025 - 0.02), depending on local option rate County: 1/2% - 1 1/2% (.005 - 0.015), depending on local option rate Transit: 1/4% - 1% (.0025 - 0.01), depending on local option rate Special Purpose Districts: 1/8% - 2% (.00125 - 0.02), depending on local option rate

DFW Communities Sales Tax Sample STATE RATE

CITY RATE

OTHER RATE

OTHER TYPE

TOTAL RATE

Plano

CITY

0.0625

0.0100

0.0100

MTA

0.0825

Dallas

0.0625

0.0100

0.0100

MTA

0.0825

Denton

0.0625

0.0150

0.0050

CTA

0.0825

Fort Worth

0.0625

0.0100

0.0050

MTA

0.0825

0.0050

CCD

MTA = Metropolitan Transit Authority; CCD = Crime Control District; CTA = County Transit Authority Source: Texas Comptroller’s Office

Union Activity in Selected Metros

Texas Franchise Tax Each taxable entity formed in Texas or doing business in Texas, such as corporations, LLCs, banks, or partnerships, must file franchise tax reports. This tax applies only to entities earning above a certain threshold. For example, in 2020 and 2021, entities earning up to $1.18M will pay no franchise taxes. The tax does not apply to sole proprietorships, general partnerships with individual owners, nonprofits, or certain trusts, among others.

STATE BUSINESS CLIMATE RANKING

Texas Franchise Tax Rates n  0.75% (0.0075) of margin for most taxable entities n  0.375% (0.00375) for qualifying wholesalers and retailers n  0.331% (0.00331) for those entities with $20 million or less in Total Revenue (annualized per 12-month period on which the report is based)

Chief Executive Magazine

More information is available by contacting the Texas Comptroller of Public Accounts at 1-800-252-1381 or visiting https://comptroller.texas.gov/taxes/franchise/

New York 20.0

Texas does not collect

Seattle 20.2

0%

5%

10%

15%

20%

25%

% Employed workers covered by collective bargaining agreements

n  Personal Income Tax (State or Local) n  Local Occupation Tax n  Local Wage Tax n  State Property Tax

Source: Current Population Survey (CPS) Outgoing Rotation Group (ORG) Earnings Files, 2019 compiled by Unionstats.com

150

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


COUNTIES RATE Collin $0.172531 Dallas $0.239740 Denton $0.393323 Ellis $0.320194 Hood $0.423777 Hunt $0.467017 Johnson $0.384700 Kaufman $0.416322 Parker $0.284667 Rockwall $0.313100 Somervell $0.499586 Tarrant $0.234000 Wise $0.307500 CITIES Allen $0.485000 Anna $0.583000 Celina $0.645000 Fairview $0.347156 Frisco $0.446600 Lucas $0.299795 McKinney $0.508645 Melissa $0.609238 Murphy $0.495000 Parker $0.365984 Plano $0.448200 Princeton $0.651215 Prosper $0.520000 Wylie $0.671979 Addison $0.608676 Balch Springs $0.803000 Carrollton $0.587500 Cedar Hill $0.688102 Cockrell Hill $0.850573 Coppell $0.580000 Dallas $0.776300 DeSoto $0.701554 Duncanville $0.716852 Farmers Branch $0.589000 Garland $0.769600 Glenn Heights $0.804430 Grand Prairie $0.669998 Highland Park $0.230000 Hutchins $0.682459 Irving $0.594100 Lancaster $0.819736 Mesquite $0.708620 Richardson $0.625160 Rowlett $0.745000 Sachse $0.720000 Seagoville $0.788800 Sunnyvale $0.456700

University Park $0.264750 Corinth $0.578170 Denton $0.590454 Flower Mound $0.436500 Hickory Creek $0.319943 Highland Village $0.563020 Krum $0.647489 Lake Dallas $0.642060 Lewisville $0.443301 Little Elm $0.649702 Providence $0.698579 Roanoke $0.375120 Sanger $0.679100 The Colony $0.655000 Trophy Club $0.446442 Ennis $0.724473 Midlothian $0.675000 Red Oak $0.703645 Waxahachie $0.660000 Granbury $0.396117 Commerce $0.820000 Greenville $0.615000 Burleson $0.711100 Cleburne $0.760092 Joshua $0.761240 Keene $0.854134 Forney $0.538710 Kaufman $0.821676 Terrell $0.764200 Weatherford $0.482900 Willow Park $0.536700 Fate $0.273339 Heath $0.376569 Rockwall $0.370000 Royse City $0.621500 Arlington $0.622500 Azle $0.657204 Bedford $0.569000 Benbrook $0.622500 Colleyville $0.304365 Crowley $0.699806 Euless $0.462500 Everman $1.149676 Forest Hill $0.997340 Fort Worth $0.747500 Grapevine $0.282601 Haltom City $0.665760 Hurst $0.625159 Keller $0.395000 Kennedale $0.774085 Lake Worth $0.469212 Mansfield $0.690000

North Richland Hills $0.575700 Richland Hills $0.558551 River Oaks $0.697374 Saginaw $0.461579 Sansom Park $0.718850 Southlake $0.405000 Watauga $0.580404 White Settlement $0.746200 Decatur $0.600000 SCHOOLS Allen ISD $1.432500 Anna ISD $1.474600 Bland ISD $1.152700 Blue Ridge ISD $1.524000 Celina ISD $1.483200 Collin College (CCD) $0.081222 Community ISD $1.486200 Farmersville ISD $1.143000 Frisco ISD $1.310200 Gunter ISD $1.620000 Leonard ISD $1.170000 Lovejoy ISD $1.670000 McKinney ISD $1.590000 Melissa ISD $1.463000 Plano ISD $1.323750 Princeton ISD $1.469800 Prosper ISD $1.492700 Trenton ISD $1.420000 Van Alstyne ISD $1.620000 Whitewright ISD $1.320000 Wylie ISD $1.520500 Carrollton Farmers Branch ISD $1.370000 Cedar Hill ISD $1.376000 Coppell ISD $1.310000 Dallas College (CCD) $0.124000 Dallas ISD $1.412035 DeSoto ISD $1.529090 Duncanville ISD $1.367600 Garland ISD $1.346300 Grand Prairie ISD $1.509700 Highland Park ISD $ 1.151900 Irving ISD $1.275100 Lancaster ISD $1.540000 Mesquite ISD $1.446400 Richardson ISD $1.404700 Sunnyvale ISD $1.389200 Argyle ISD $1.418700 Aubrey ISD $1.508700 Denton ISD $1.407600

Era ISD $1.136400 Krum ISD $1.540000 Lake Dallas ISD $1.550300 Lewisville ISD $1.347300 Little Elm ISD $1.493600 Pilot Point ISD $1.218600 Ponder ISD $1.464180 Sanger ISD $1.197643 Slidell ISD $1.127500 Avalon ISD $1.027600 Ennis ISD $1.469900 Ferris ISD $1.313800 Frost ISD $1.232600 Italy ISD $1.296500 Maypearl ISD $1.174400 Midlothian ISD $1.379800 Milford ISD $0.972400 Palmer ISD $1.330700 Red Oak ISD $1.359200 Waxahachie ISD $1.365400 Bluff Dale ISD $1.224700 Glen Rose ISD $0.975000 Granbury ISD $1.111400 Lipan ISD $1.263000 Tolar ISD $1.270000 Boles ISD $1.335900 Caddo Mills ISD $1.256600 Campbell ISD $0.887800 Celeste ISD $1.223600 Commerce ISD $1.359800 Cumby ISD $1.149400 Greenville ISD $1.168610 Lone Oak ISD $1.206800 Quinlan ISD $1.240000 Wolfe City ISD $1.143720 Alvarado ISD $1.466400 Cleburne ISD $1.630000 Grandview ISD $1.266100 Joshua ISD $1.396000 Keene ISD $1.285800 Rio Vista ISD $1.600000 Venus ISD $1.589500 Crandall ISD $1.374700 Forney ISD $1.374700 Kaufman ISD $1.287600 Scurry-Rosser ISD $1.123000 Terrell ISD $1.357200 Brock ISD $1.443600 Millsap ISD $1.389300 Mineral Wells ISD $1.413300 Peaster ISD $1.318900 Perrin Whitt ISD $1.176600

Poolville ISD $1.137100 Springtown ISD $1.244200 Weatherford ISD $1.327200 Rockwall ISD $1.430000 Royse City ISD $1.670000 Aledo ISD $1.479700 Arlington ISD $1.387100 Azle ISD $1.247400 Birdville ISD $1.380300 Burleson ISD $1.538300 Carroll ISD $1.286400 Castleberry ISD $1.241300 Crowley ISD $1.539800 Eagle MountainSaginaw ISD $1.496400 Everman ISD $1.370000 Fort Worth ISD $1.378400 Godley ISD $1.466400 GrapevineColleyville ISD $1.303100 Hurst-EulessBedford ISD $1.273000 Keller ISD $1.510000 Kennedale ISD $1.336400 Lake Worth ISD $1.510200 Mansfield ISD $1.446400 Northwest ISD $1.466300 Tarrant County College (CCD) $0.130170 White Settlement ISD $1.415900 Alvord ISD $1.238700

COSTS & INCENTIVES | TAXES AND UNION ACTIVITY

2020 Dallas-Fort Worth Property Tax Rates

OTHER Dallas County Parkland Hospital (HD) $0.279400 Dallas County School Equalization (SET) $0.010000 Tarrant County Water District (WD) $0.028700 Tarrant County Hospital (HD) $0.224429 SOURCES: Collin, Dallas, Denton, Ellis, Hood, Hunt, Johnson, Kaufman, Parker, Rockwall, Somervell, Tarrant, and Wise County Appraisal Districts

SOURCES: Collin, Dallas, Denton, Ellis, Hood, Hunt, Johnson, Kaufman, Parker, Rockwall, Somervell, Tarrant, and Wise County Appraisal Districts

Sample Property Tax Information City Plano Dallas Denton Fort Worth

$0.448200 $0.776300 $0.590454 $0.747500

County Collin Dallas Denton Tarrant

$0.174951 $0.243100 $0.224985 $0.234000

for DFW Communities 2020 Rate, Per $100 of Taxable Valuation

School District Plano ISD Dallas ISD Denton ISD Fort Worth ISD

$1.337350 $1.310385

Other CCD

$0.081222

$2.041723

SET

$0.010000

$2.733585

HD

$0.266100

CCD

$0.124000

WD

$0.028700

HD

$0.224429

$2.223039

$1.407600 $1.282000

Total

CCD

$2.646799

$0.130170

SET = School Equalization Tax; HD = Hospital District; WD = Water District; CCD = Community College District 2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

151


COSTS & INCENTIVES  |  REAL ESTATE - OFFICE

Real Estate Office Office space in the DFW area is concentrated in key areas. These include: n  The Dallas and Fort Worth Central Business Districts; n  Along the Interstate 35E, North Central Expressway, and Dallas North Tollway corridors, between downtown Dallas and its northern suburbs; and n  Master-planned developments, including Irving’s Las Colinas, Plano’s Legacy West, and Richardson’s CityLine. The Dallas–Fort Worth office market slowed with the Great Recession, but it didn’t suffer from the weakness experienced in other major U.S. metropolitan areas. As a result, the market recovered more quickly than elsewhere in the nation and continued to add hundreds of thousands of high-quality square footage.

DFW Commercial Office Space:

Attractive rents with an abundance of choices The Dallas-Fort Worth region offers a multitude of options for companies looking to operate here. From multitenant buildings in the urban core and CBDs to office parks throughout the region, many companies have discovered DFW to be a strategic and cost-effective location.

Largest Office Parks 1 Las Colinas

26 Regent Center

2 Legacy Business Park

27 International Business Park

3 Alliance Texas

28 Solana Office Park

4 Dallas Market Center

29 Wingren

5 The District of Harwood

30 Colonnade

6 Sundance Square

31 Twin Creeks Business Park

7 Galatyn Park

32 Parkway Centre

8 CentrePort Business Park

33 Campbell Centre

9

The Offices of Cypress Waters

10 CityLine 11 Frankford Trade Center 12 Hall Office Park 13 The Offices of Austin Ranch 14 Urban Center 15 Granite Park

152

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

34 Park Central 35 Convergence 36 Mercantile Center 37 Royal Tech Business Center 38 Royal Tech 39

Allen Place/Millenium Technology Park

40 Fossil Creek Business Park

16 The Campus at Legacy West

41 Victory Park

17 Lincoln Centre

42 Galatyn Commons

18 Quorum

43 International Center

19 Galleria Office Towers

44 Cedar Hill Business Park

20 Riverbend Properties

45 Forest Plaza

21 Towers at Williams Square

46 Exchange Park

22 The Crescent Office Towers

47 The Crossings

23 Mercer Business Park

48

24 Enterprise Business Park

49 Pegasus Place

25 Plano Gateway

50 Royal Bridge Office Park

The Apex at Las Colinas Crossing

2021


COSTS & INCENTIVES | REAL ESTATE - OFFICE

Lewisville/Denton Far North Dallas

Richardson/ Plano

LBJ Freeway

Las Colinas

North Fort Worth NE Fort Worth

Mid Cities Fort Worth CBD

Preston Center Uptown/ Turtle Creek Central Stemmons Expressway Freeway Dallas CBD

East Dallas

SW Dallas

South Fort Worth Major Office Building/Park

Market View Market

Net Rentable Area SF

Central Expressway

10,525,091

Dallas CBD East Dallas

Direct Vacancy Rate (%)

Avg Asking Lease Rate

19.7%

$30.05

27,352,178

29.0%

$27.49

2,649,314

20.9%

$17.83

Far North Dallas

45,407,034

26.2%

$28.53

Las Colinas

33,061,674

22.3%

$25.68

LBJ Freeway

19,238,788

22.5%

$21.97

Lewisville/Denton

4,145,136

16.0%

$24.00

Preston Center

4,104,168

12.8%

$39.93

24,081,070

22.0%

$21.76

Richardson/Plano SW Dallas Stemmons Freeway Uptown/Turtle Creek Fort Worth CBD

1,836,211

25.3%

$22.97

9,367,746

28.7%

$18.12

12,757,905

18.8%

$46.61

8,750,721

16.4%

$25.87

15,015,452

28.0%

$19.33

2,722,275

10.2%

$19.63

NE Fort Worth

1,653,284

22.3%

$17.60

South Fort Worth

6,045,614

16.0%

$22.82

228,713,661

23.4%

$25.75

Mid Cities North Fort Worth

Market Totals

Source: CBRE 2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

153


COSTS & INCENTIVES  |  REAL ESTATE - INDUSTRIAL

Real Estate Industrial Industrial space is distributed throughout the Dallas–Fort Worth region with concentrations in: Fort Worth’s AllianceTexas; Surrounding Dallas Fort Worth International Airport; In the southern part of Dallas County, along Interstate 20 and U.S. Highway 67; In suburbs including Arlington, Garland, Grand Prairie, and Coppell; and Along the Interstate 35E corridor between Dallas and Lewisville. The industrial market has strengthened over the past couple years, with significant new developments throughout the region. The majority of that construction is taking place in Southern Dallas County, Great Southwest/Arlington, and the North Fort Worth market, but new industrial centers in Denton, Hillsboro and Midlothian are becoming hot new markets for development. Observers credit the strength of the regional economy, as well as low taxes and labor costs, for sustaining DFW as a desirable market for real estate investment.

DFW Industrial Space:

A Logistics, Distribution, and Manufacturing Hub

Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short- and long-haul truck transportation.

Largest Industrial Parks 1 Alliance Texas (Industrial) 2 Arlington South Industrial Park 3 Austin Ranch Distribution Center 4 Carter Industrial Park 5 CentrePort Business Park (Industrial) 6 DFW Trade Center 7 Ennis Industrial Rail Park 8 Fossil Creek Business Park 9 Frankford Trade Center 10 Freeport North 11 Grand Lakes Distribution Center 12 Great Southwest Industrial Park 13 International Commerce Park 14 Lakeside Trade Center 15 Majestic Airport Center DFW 16 Mercantile Center (Industrial) 17 Mountain Creek Business Center 18 Northlake Business Center 19 Pinnacle Industrial Center 20 Point West 21 PointSouth Logistics & Commerce Centre 22 ProLogis Park 20/35 23 Railhead Industrial Park 24 RailPort Industrial Park 25 RiverPark Business Park 26 Sentry Industrial Park 27 Skyline Business Park 28 Southfield Park 35 29 Stellar Way Business Park 30 Stoneridge Business Park 31 Turnpike Distribution Center 32 Valwood Business Park 33 Waters Ridge Business Park 34 Westport @ Alliance 35 Logistics Pointe Distribution Ctr

154

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


34

33

15 14 6 10

1

3

North Fort Worth

9 32

20

5

13 27

South Stemmons

25

12

Northeast Dallas

29

DFW Airport

23 8 16

11

31 19

East Dallas

South Dallas 17 4

South Fort Worth

COSTS & INCENTIVES | REAL ESTATE - INDUSTRIAL

18

Northwest Dallas

Great Southwest/ 2 Arlington

30 28

21 22

26

24

Major Industrial Building/Park

7

(Ennis)

Market View Market

Total Vacancy Rate (%)

Asking Rates Average Annual ($/SF) industrial

Flex

DFW Airport

5.60%

$4.97

$10.49

East Dallas

5.70%

$4.86

$19.44

Northeast Dallas

5.50%

$5.77

$9.78

Northwest Dallas

4.10%

$5.59

$10.09

South Dallas

7.90%

$3.94

$8.00

South Stemmons

4.80%

$5.99

$11.71

Great SW/Arlington

4.40%

$4.20

$9.16

North Fort Worth

8.10%

$4.85

$12.31

South Fort Worth

6.00%

$4.00

$7.12

Market Totals

5.70%

$5.14

$10.06 Source: CBRE

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

155


COSTS & INCENTIVES  |  REAL ESTATE - RETAIL

Real Esate Retail The Dallas-Fort Worth retail real estate market ended the year with 91.7 percent occupancy despite the economic downturn in 2020, the eighth consecutive year of occupancy above 90 percent. 1.7 million square feed of new construction was added in 2020, down only slightly from 1.8 million in 2019. Most of this activity is concentrated in the northern suburbs with North Central Dallas and Far North Dallas accounting for 45 percent of new construction.

Live, Work, and Play The development of higher density, mixeduse centers offers unique opportunities to both businesses and residents of the Dallas– Fort Worth region. Examples include:

Addison Circle – Addison Bishop Arts  – Dallas CityLine – Richardson Cypress Waters  – Dallas Eastside  – Richardson Frisco Station  – Frisco Frisco Town Square – Frisco Granite Park  – Plano Highland Park Village – Highland Park Legacy Town Center – Plano McKinney Urban Village  – McKinney Magnolia Street – Fort Worth Midtowne – Midlothian Mockingbird Station – Dallas Montgomery Place – Fort Worth Museum Place – Fort Worth Park Lane Place – Dallas Parker Square – Flower Mound Rockwall Commons – Rockwall Southlake Town Square – Southlake Southside on Lamar – Dallas Sundance Square – Fort Worth Victory Park – Dallas Waters Creek at Montgomery Farm – Allen West Village – Dallas In addition, historic downtowns are being redeveloped into attractive regional destinations, including downtowns in Plano, McKinney, Denton, Carrollton, and Grapevine.

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DFW Retail Centers:

Opportunities at Every Intersection Largest Retail Centers 1 Alliance Town Center

15 Plaza Central

2 Arlington Highlands

16 Ridgmar Mall

3 Centre at Preston Ridge

17 Southlake Town Square

4 Collin Creek Mall

18 Southwest Center Mall

5 Firewheel Town Center

19 Stonebriar Centre

6 Galleria

20 The Parks At Arlington

7 Golden Triangle Mall

21 The Shops At Park Lane

8 Grandscape

22 The Shops At Willow Bend

9 Grapevine Mills Mall

23 The Villages At Allen

10 Hulen Mall

24 The Villages At Fairview

11 Irving Mall

25 Town East Mall

12 La Gran Plaza

26 Uptown Village at Cedar Hill

13 Northeast Mall

27 Vista Ridge Mall

14 NorthPark Center

28 West 7th - Fort Worth

National Retail Federation Top Retailers in Dallas-Fort Worth 2019 US Retail Sales ($B)

Rank

Company

Headquarters

Number of Stores

25

7-Eleven

Irving

$18.66

9,046

31

AT&T Wireless

Dallas

$15.73

2,200

45

J.C. Penney Co.

Plano

$10.65

840

61

Army & Air Force Exchange

Dallas

$7.64

896

90

Exxon Mobil Corporation

Irving

$4.84

3,340

91

Michaels Stores

Irving

$4.71

1,140

93

Neiman Marcus

Dallas

$4.54

67

97

GameStop

Grapevine

$4.22

3,642

2021


COSTS & INCENTIVES | REAL ESTATE - RETAIL

7

Far North Dallas

24 23

3 19 8

Lewisville/Denton

Richardson/Plano

22

4

27 9 17

North Fort Worth Northeast 13 Fort Worth

11

Mid-Cities

Fort Worth CBD 28

South Fort Worth 10

12

6

Central Preston Expressway Center 21

1

16

5

LBJ Freeway

Las Colinas

Stemmons Freeway

East Dallas

14

Dallas CBD

15

25

Southwest Dallas

20 2

18

26

Major Retail Centers

Market View Market

Central Dallas East Dallas Outlying

Net Rentable Area SF

Vacant SF

Total Occupancy Rate

Retail Asking NNN Rent ($/SF)

14,187,705

425,631

97.0%

$24.72

3,691,312

147,652

96.0%

$22.07

56,514,442

4,238,583

92.5%

$20.42

21,108,142

1,329,813

93.7%

$25.41

North Central Dallas

35,916,635

2,909,247

91.9%

$25.06

Southeast Dallas

13,850,524

789,480

94.3%

$16.87

Far North Dallas Near North Dallas

Southwest Dallas

18,327,891

1,356,264

92.6%

$15.43

West Dallas

33,963,488

2,479,335

92.7%

$17.71

Central Fort Worth

25,086,094

2,006,888

92.0%

$16.94

Mid-Cities

53,571,117

3,374,980

93.7%

$20.46

Suburban Fort Worth

26,117,613

1,984,939

92.4%

$19.07

302,334,963

21,768,117

92.8%

$20.20

Market Totals

Source: CBRE 2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

157


COSTS & INCENTIVES | CORPORATE BUSINESS CLIMATE

Corporate Business Climate The Dallas-Fort Worth area is home to a diverse array of corporate headquarters, and for good reason. The DFW region has tremendous assets that companies seek out when choosing where to locate. Recovery from the Great Recession has been uneven throughout the U.S. The Dallas-Fort Worth region not only weathered the downturn better than most other metro areas, but it has since thrived. Furthermore, difficult business climates in California, Illinois, and other heavily populated states are viewed in stark contrast to the operating environment throughout DFW and in Texas. Texas has won Site Selection Magazine’s Governor’s Cup nine consecutive times, while Area Development Magazine continues placing the Lone Star State on top for driving economic growth and attracting new businesses.

A Great Place To Do Business

DallasFort Worth

Texas

DFW Metro Region

Texas Corporate Income Tax Rate 5

0%

Personal Income Tax Rate 5

0%

Franchise Tax 5

0.75% 1

Sales Tax Rate 5

6.25% 2

Right To Work State 6

Yes

State Labor Force 7

14,170,462

Cost of Doing Business 8 CNBC State Business Rank 9

#2

CEO Magazine Business Climate Rank 10

#1

Cost of Living Index 11

107.7 (Dallas) / 93.7 (Fort Worth)

Housing Cost Index 11

115.9 (Dallas) / 79.9 (Fort Worth)

Average Price/SqFt for CBD Office 12 Average Price/SqFt for Suburb Office 12 Average Price/SqFt for Industrial 12

158

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

91.75

$29.74 (Dallas) / $31.28 (Fort Worth) $33.59 (Dallas) / $25.59 (Fort Worth) $4.81 (Dallas/Fort Worth)

TEXAS

California

Illinois

1 0.375% is the rate for taxable entities primarily engaged in retail or wholesale trade; taxable entities with revenues of $1,180,000 or less owe no tax; taxable entities with tax due of less than $1,000 owe no tax. 2 The State of Texas sales tax rate is 6.25% + local rate of up to 2.0%.

1 Special rates for S corporations and financial institutions. 2 Income brackets are adjusted annually for inflation. Plus millionaire tax (i.e., 1% surcharge on taxable income exceeding $1 million). 3 The State of California sales tax rate is 6% with an added mandatory local rate of 1.25% + local optional rate of up to 2.5%.

1 Additional 2.5% personal property replacement tax; 1.5% for S corporations, partnerships, and trusts. 2 0.1% (0.15%, 1st time or added paid-in capital) allocated paid-in capital. Min. $25; max. $2 million plus 0.10% 1st capital. 3 State of Illinois sales tax rate is 6.25% + local rate of up to 4.0%.

2021


COSTS & INCENTIVES | CORPORATE BUSINESS CLIMATE

Chicago

San Francisco

Los Angeles New York

6,597,478 California

Illinois

New York

8.84% 1

7.0% 1

6.5% 1

1%-12.3% 2

4.95%

4% - 8.82%

0%

0.1% 2

.025% 2

7.25% 3

6.25% 3

4.0% 3

No

No

No

18,916,444

6,152,160

9,037,394

114.32

99.41

95.88

#32

#30

#27

#50

#48

#49

147.7 (Los Angeles)

194.0 (San Francisco)

123.9 (Chicago)

244.7 (Manhattan)

228.9 (Los Angeles)

357.1 (San Francisco)

163.0 (Chicago)

542.3 (Manhattan)

$38.50 (Los Angeles)

$91.33 (San Francisco)

$49.66 (Chicago)

$90.57 (New York City)

$29.10 (Orange County)

$55.90 (Oakland)

$29.03 (Chicago)

$34.36 (N. New Jersey)

$9.70 (Los Angeles)

$20.50 (San Francisco)

$5.28 (Chicago)

$9.74 (New Jersey)

New York

ALL STATES

1 Taxpayers pay the highest tax computed on three alternate bases. The tax rate on business income base for qualified New York manufacturers is 0%. 2 For 2020, 0.025% per $1 on value of apportioned business capital; 0% for 2021 and later years. Special rates apply for manufacturers. Max. tax is $350,000 for manufacturers and $5 million for others. 3 Plus up to 4.875% local tax.

5 Source: Thomson Reuters 6 Source: National Conference of State Legislatures 7 Source: LAUS, BLS, Dec 2020 (preliminary, seasonally adjusted) 8 Source: 2021 Moody’s North American Business Cost Review, Q3 2020 (U.S. average = 100)

2021

9 Source: CNBC America’s Top States for Doing Business in 2019 10 Source: CEO Magazine’s 2020 Best and Worst States for Doing Business 11 Source: ACCRA Cost of Living Index, 2020 Annual Average Data (U.S. average = 100). Note: Results are for the MSA primary city

12 Source: JLL, Commercial Real Estate Rents, Q4 2020 Class A Office and Industrial (*except Oakland office Q2 2020)

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

159


COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES

State and Local Incentives The Dallas–Fort Worth area has a strong business culture. The municipalities within the region offer a variety of local incentive programs to expand or relocate businesses, ranging from tax abatements and tax increment financing to the development of infrastructure and freetrade zones. The programs help maintain the low cost of doing business, enabling job-creating companies to gain a competitive advantage. Programs vary by city but offer a breadth that can provide value for a variety of projects. Additionally, statewide programs, including the Texas Enterprise Fund, Events Trust Fund, Workforce Development, and Product Development and Small Business Incubator Fund, are in place to encourage companies that create jobs and drive innovation to set up shop in the Lone Star State.

Local Incentives Freeport Exemption: Property tax exemption offered by cities, school districts, and counties, or all three. It applies to various types of property detained in Texas for no more than 175 days to be transported out of state. Goods must be in Texas for assembling, storing, manufacturing, repair, maintenance, processing, or fabricating purposes. Economic Development Act (Chapter 313): An appraised value limitation may be extended to a taxpayer who agrees to build or install property and create jobs in exchange for a 10-year limitation on the taxable value of the property. The value limitation applies to the local school district maintenance and operations tax (M&O) portion of the property tax and a tax credit. Projects must be located in a reinvestment zone or enterprise zone. Tax Increment Financing District: A tool that local governments can use to publicly finance needed improvements to infrastructure and buildings within a designated area known as a reinvestment zone. The cost of improvements to the Tax Increment Reinvestment Zone is repaid by the future tax revenues of each taxing unit that levies taxes against the property. Tax Abatements: A local agreement between a taxpayer and a taxing unit that exempts all or part of the increase in the value of the real property and/or tangible personal property from taxation for a period not to exceed 10 years. Chapter 380/381 Agreements: Allow municipalities and counties to offer grants and loans for economic development or a variety of other economic incentives. Type A and B Economic Development Corporations: Cities located within a county of fewer than 500,000 residents can form economic development corporations and institute a sales tax, if the new combined tax doesn’t exceed 2 percent. Some cities in more populated counties may also participate under certain conditions. Type A is generally for industrial and manufacturing, while Type B is for quality-of-life projects. Voters must approve the creation of a Type A or Type B tax.

State Incentives Texas Enterprise Fund: TEF is the largest “dealclosing” fund of its kind in the nation. The fund is a cash grant used as a financial incentive tool for projects that offer significant projected job creation and capital investment where a

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single Texas site is competing with another viable out-of-state option for relocation or expansion. Funds can be used for infrastructure development, community development, job training, and business incentives. Manufacturing Exemptions: Exemption from state sales-and-use tax for taxpayers who manufacture, fabricate, or process tangible property for sale. It generally applies to tangible personal property involved in the manufacturing process. Natural Gas and Electricity Exemptions: Manufacturing companies may be exempt from paying state sales-and-use tax on electricity and natural gas used in manufacturing, processing, or fabricating tangible personal property. Data Center Exemption: This incentive allows data centers that meet certain conditions on or after Sept. 1, 2013, to qualify for an exemption on state sales-and-use tax on certain items necessary and essential to the data center operation. Research and Development Tax Credit: Companies can choose a state sales tax exemption for property purchased, stored, or used by a person engaged in qualified research or a franchise tax credit. Local communities can also consider providing a sales tax exemption for R&D using tools such as a Chapter 380 agreement. Skills Development Fund (SDF): SDF assists with customized job training. Businesses and trade unions must partner with a community or technical college, the Texas Engineering Extension Service, or a community-based organization working with one of these

establishments. Businesses should have a training plan and pay wages that are equal to or greater than current wages in the local market. Grants for a single business may be limited to $500,000. Governor’s University Research Initiative (GURI): GURI was enacted in 2015 with a goal of bringing the best and brightest distinguished researchers in the world to Texas. This matching grant program will enable eligible Texas academic institutions to build expertise in key research areas; attract and inspire students to pursue advanced degrees in math, science, engineering, and medicine; and foster innovation and commercialization in the state. Texas Product Development And Small Business Incubator Fund (PDSBI): PDSBI is a revolving loan program to aid in the development, production, and commercialization of new or improved products and to foster and stimulate small business in the state. Loan proceeds can be used for a broad range of capital and operating expenditures. Applicants must have at least three years of operating history and have unencumbered assets available for collateral. Preference for funding is given to the state’s defined industry clusters including, but not limited to: nanotechnology, biotechnology, biomedicine, renewable energy, agriculture, and aerospace.

Federal Incentives Foreign Trade Zones: A restricted-access site located in or near a U.S. Customs Service port of entry that provides users, such as importers, manufacturers, and distributors, with costsaving benefits.

Developing areas The County Development District Sales Tax: Enables

counties of less than 400,000 residents to create county assistance districts and adopt local sales taxes. Eligible counties must not contain a 4A or 4B city or any transit authority territory.

Texas Capital Fund: Programs

within this fund provide financial resources to nonentitlement communities for public infrastructure or for real estate development needed to assist a business that commits to creating and/or retaining permanent jobs, primarily for low and moderate-income persons. The maximum award is $1,500,000 and may not exceed 50 percent of the total project cost.

The Rural Municipal Finance Program:

Assists in the economic development of rural areas. Eligible applicants include city and county governments, economic development corporations, hospital districts, rail districts, utility districts, special districts, agricultural districts, and private water and wastewater corporations.

2021


COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES

Relocation and Expansion Support

Economic incentives have helped support office, industrial, and mixed-use projects throughout North Texas.

Charles Schwab

Size: 500,000 s.f. Product type: Office Location: Westlake Details: Building 35a $100 million campus. Jobs: 1,200 new by 2026, potential for 5,000 Incentives: $6 million grant from the Texas Enterprise Fund. The Town of Westlake provided a 10-year property tax abatement plan that includes a 100 percent abatement in year one, scaling down to a 10 percent abatement in year 10. Denton County approved a 50 percent abatement on county ad valorem taxes over a 10-year period. Charles Schwab is required to invest at least $80 million in real property improvements and business equipment by 2022.

Ariat

Size: 1 million s.f. Product type: Industrial Location: Fort Worth Details: Regional distribution center in the AllianceTexas corridor with a $73 million capital investment. Jobs: 75 corporate and 375 indirect Incentives: Ariat received a $750,000 Texas Enterprise Fund grant as well as a local incentive package of up to $2 million from the city of Fort Worth.

Toyota

35E

Size: 1 million to 1.5 million s.f. Product type: Office Location: Plano Details: Headquarters relocation from California. Jobs: 4,000 Incentives: $40 million from the Texas Enterprise Fund, $6.75 million grant from the city of Plano, 50 percent property tax abatement for 2018-2027, and 50 percent tax rebate for 10 years after abatement.

121 35E

Waterlogic

Size: TBD. Product type: Office Location: Grapevine Details: New North American HQ and Center of Excellence with a $1.6 million capital investment. Jobs: 164 820 Incentives : Waterlogic received a $524,400 grant from the Texas Enterprise Fund.

Fort Worth

635

2021

Infosys Innovation Hub

75

McKesson

Size: 500,000 s.f. 183 Product Type: Office Location: Irving Details: Expansion includes 161 of an existing the purchases office building in Irving for shared services operations. Jobs: 975 Incentives: $9.75 million from the Texas Enterprise Fund 360 and an additional $2 million in incentives from the city of Irving.

Facebook

Size: Up to 2.5 million s.f. Product type: Data Center Location: Fort Worth Details: $1 billion Facebook data center campus in Alliance will eventually include five buildings and will be powered by 100% renewable energy. Jobs: 100+ Incentives: City grants on real and business personal property taxes over 20 years. A 10-year abatement of up to 60 percent of new real and business personal property value for Tarrant County taxes and 40 percent for Tarrant County Hospital District taxes. The site will also use the state sales tax incentive on data centers.

Size: 100,000 s.f. Product type: Office Location: Frisco Details: Company is relocating its headquarters from Florida and anchoring a mixed-use development that includes multiple golf courses. Jobs: 100 Incentives: $1.5 million from the Texas Enterprise 75 Fund for the company, plus additional state and local funds for the mixed-use development.

114

35W

35W

PGA of America

Dallas 30

35E

Size: Adding to current 44K 78 s.f. 30 Product type: Office Location: Richardson Details: Expanding Richardson operations with a Technology Innovation Hub. Jobs: 500 Incentives: $3.1M from the 12 Texas Enterprise Fund, in addition to support from the city of Richardson.

20

20

80

175

20

Uber 35W

McLane Company

Size: 650,000 s.f. Product type: Industrial Location: Fort Worth Details: Regional wholesale grocery distribution center. Jobs: 550 Incentives: Five annual Chapter 380 grants, with a maximum annual program grant equal up to 50 percent of business personal property taxes collected by the city of Fort Worth in the previous year. Maximum estimated grant award of $363,250.

Size: 450,000 s.f. Product type: Office Location: Downtown Dallas Deep Ellum neighborhood Details: Uber will open an “HQ2”-style regional hub in the new Epic tower that will serve as the spine to support global offices and operations. Uber will make a capital investment totalling $75 million and will create a $400 million annual payroll. Jobs: 3,000 Incentives: Uber received $24 million from the Texas Enterprise Fund. Local incentives include an $8.6 million grant and $750,000 tax abatement from the city of Dallas and a $2.6 million tax abatement from Dallas County.

The Kroger Co.

Size: 360,000 s.f. Product type: Industrial Location: Dallas Details: Kroger will build its fifth Ocado automated fulfillment center on a 56-acre plot of land in the southern Dallas Inland Port area. Jobs: 400 Incentives: $5.7 million in property, business tax abatements and bond funds for the project from the city of Dallas.

Vistaprint

Size: 322,000 s.f. Product type: Industrial Location: Dallas Details: New manufacturing 45 operation. Jobs: 600 Incentives: $1.3 million in property tax abatements from the city of Dallas, plus a grant for workforce development programs.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

161


COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES

Texas Enterprise Fund

Location of Recipients in the North Texas Region

Region Totals (as of December 2020)

Total Recipients: 69 Total Grant Amount: $9.54B Total Capital Investment: $302.3M Total New Jobs: 42,824

35

30

Region Location

20

635

Fort Worth

20

Dallas

35W

35E

45

NOTE: Some awards and job totals may be divided between more than one region.

35

Listed from newest to oldest (*project has reached completion of TEF contract):

162

Industry

Freshpet, Inc. Waterlogic USA, Inc. Microsoft Corporation Ericsson, Inc. Ariat International, Inc. Uber Technologies, Inc. Allstate Insurance Company Texas Instruments Incorporated The Professional Golfers' Association of America Infosys Limited Vistaprint Manufacturing Texas LLC CORE West, Inc.                                Smith & Nephew, Inc.                         Gartner, Inc. Golden State Foods Corp. Cognizant Technology Solutions Louis Vuitton U.S. Manufacturing, Inc Pei Wei Asian Diner, LLC NTT Data, Inc. Ryder Intergrated Logistics, Inc. Lone Wolf Real Estate Technologies Jacobs Engineering Group Inc. OKI Data Americas, Inc. Sabre GLBL, Inc. Jamba Juice Company Thomson Reuters McKesson Corporation Galderma Laboratories, L.P. Kubota Tractor Corporation Active Network LLC Omnitracs LLC Toyota Motor North America, Inc. USAA* Kohl's Department Stores TEKsystems Global Services* Pactiv Ferris Manufacturing GE Transportation Klein Tools TDAmeritrade Coll Materials Golden Living (GGNSC) VCE* Health Management Systems (HMS) Consolidated Electrical Distributors (CED) Nationstar Mortgage* Frito-Lay Vendor Resource Management Associated Hygienic Products Gulfstream* US Bowling Congress* Rockwell Collins* Forum Production Authentix* Comerica Fidelity Global Brokerage Maxim Integrated Products* Torchmark Sanderson Farms* T-Mobile* Raytheon* Ruiz Foods* Tyson Foods Bank of America* JTEKT Automotive Superior Essex Communication Cabela's* Triumph Aerostructures Texas Instruments/University of Texas at Dallas*

Pet Food Manufacturing Water Filtration Equipment Mfg. Computer Software Publishing Telecom Equipment Mfg. Equestrian Footwear & Apparel Software Development Insurance Semiconductor Manufacturing Trade Association IT Consulting & Services Printing Services Construction Advanced Medical Tech IT Research and Advisory Liquids (Sauces, Dressings, et IT, Consulting and Business Pr Leather Goods Manufacturing Limited Services Restaurant Data Processing Services Transportation & Supply Chain Software Publishers Engineering Services Printers & Peripheral PC Equip Travel Arrangement and Reservations Retail Smoothie Company Software Publishers Pharmaceutical Distribution Pharmaceuticals Agricultural Machinery Manufacturing IT Services IT Services Automotive HQ Relocation Insurance Management of Retail Operations IT Outsourcing Services Plastic Product Manufacturing Medical Equipment Manufacturing Locomotive Manufacturing Hand Tool Manufacturing Financial Services Plastics Recycling Health Care Facilities Computer Systems/IT Health Care Data Services Electrical Components Wholesale Mortgage Lending IT for Food Manufacturing Financial Services Paper Products Manufacturing Aerospace Manufacturing Athletic Association Aerospace Manufacturing Oil & Gas Production Security Technology Financial Services Financial Services Semiconductors Insurance Poultry Processing Wireless Communications Aerospace & Defense Food Processing Food Processing Financial Services Automotive Parts Telecom Equipment Manufacturing Destination Retail Aerospace Manufacturing Semiconductors

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Direct Jobs

Capital Investment

427 164 575 410 75 3000 1300 488 150 500 144 97 100 800 150 1090 204 100 6377 205 150 111 104 500 126 250 975 343 344 1000 450 3650 680 144 500 200 80 330 585 490 111 100 130 350 120 400 125 275 115 n/a 198 105 200 120 200 850 n/a 500 1112 855 200 423 1600 3876 200 50 241 3000 n/a

$264,500,000 $1,678,000 $31,400,000 $134,000,000 $40,000,000 $75,100,000 $11,000,000 $3,153,000,000 $30,000,000 $12,300,000 $84,420,000 $4,000,000 $29,100,000 $12,400,000 $19,600,000 $8,452,000 $29,807,000 $1,500,000 $28,800,000 $5,308,000 $3,450,000 $4,000,000 $3,580,000 $37,900,000 $2,000,000 $6,154,889 $157,000,000 $22,000,000 $57,000,000 $13,000,000 $10,000,000 $345,000,000 $31,400,000 $54,900,000 $4,865,000 $58,000,000 $5,500,000 $96,000,000 $18,000,000 $11,000,000 $5,900,000 $8,400,000 $40,000,000 $17,687,439 $3,300,000 $2,000,000 $4,500,000 $4,600,000 $31,078,039 n/a $13,000,000 $6,782,500 $16,325,000 $6,550,000 $16,250,000 $200,000,000 n/a $26,600,000 $73,000,000 $20,700,000 $21,700,000 $48,880,413 $97,150,000 $200,000,000 $30,000,000 $7,600,000 $120,000,000 $598,000,000 $3,000,000,000

TEF Grant

Region Location $2,138,000

$524,400 $4,874,850 $3,592,400 $750,000 $24,000,000 $2,600,000 $5,124,000 $1,500,000 $3,075,000 $1,118,800 $970,000 $730,000 $3,900,000 $900,000 $2,105,880 $851,700 $500,000 $7,500,000 $1,050,000 $862,500 $1,332,000 $895,000 $5,000,000 $800,000 $1,538,000 $9,750,000 $2,052,000 $3,800,000 $8,600,000 $3,900,000 $40,000,000 $1,000,000 $864,000 $400,000 $930,000 $420,000 $2,100,000 $2,800,000 $1,200,000 $200,000 $2,100,000 $1,000,000 $1,600,000 $1,200,000 $560,000 $1,125,000 $750,000 $520,000 $375,000 $305,000 $839,196 $800,000 $750,000 $3,500,000 $8,500,000 $2,000,000 $2,000,000 $500,000 $2,150,000 $1,000,000 $1,500,000 $7,000,000 $20,000,000 $333,000 $250,000 $400,000 $35,000,000 $50,000,000

City Ennis Grapevine Irving Lewisville Fort Worth Dallas Irving Richardson Frisco Richardson Dallas Frisco Fort Worth Irving Burleson Irving Johnson County Irving Plano Fort Worth Dallas Dallas Irving Westlake Frisco Carrollton Irving Fort Worth Grapevine Dallas Dallas Plano Plano Dallas Irving Corsicana Fort Worth Fort Worth Mansfield Fort Worth Waco Plano Richardson Irving Irving Lewisville Plano Carrollton Waco Dallas Arlington Richardson Gainesville Addison Dallas Town of Westlake Irving McKinney McLennan County Frisco McKinney Denison Sherman Richardson Ennis Brownwood Fort Worth Dallas Richardson

Source: Texas Economic Development Corporation and the Governor’s Office of Economic Development and Tourism

1 2 3 4 4 6 7 7 9 10 11 11 13 14 14 16 17 18 19 20 21 22 22 24 25 26 27 28 29 30 30 32 33 34 35 36 37 38 39 39 39 42 42 44 44 44 47 48 49 50 51 52 53 54 55 56 57 57 59 60 60 62 63 64 65 65 67 68 69

Company

2021


The Opportunity Zones tax provision is designed to spur economic development and job creation in economically distressed communities. Three tax benefits are available to investors who reinvest capital gains into Qualified Opportunity Funds. These funds can finance commercial and industrial real estate, housing, infrastructure, and existing or start-up businesses in designated census tracts called “Opportunity Zones.”

Tax Benefits: Temporary Capital Gains Deferral: Realized capital gains that are reinvested in an Opportunity Fund within 180 days can be deferred from taxable income until December 31, 2026, or the date the Opportunity Fund is disposed of, whichever comes earlier.

Step-Up Basis: Gains reinvested in Opportunity Funds will receive a 10 percent step-up in basis after five years and, if invested before Dec 31, 2019, an additional step-up of five percent at seven years. A maximum of 15 percent of the original gains may be excluded from taxes.

Permanent Exclusion of Taxable Income on New Gains: For investments held for a minimum of 10 years (up to 30 years), investors pay no taxes on any capital gains produced through their investment in Opportunity Funds.

Regional Opportunity Zones

COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES

Opportunity Zones

Source: US Dept of Treasury

Tarrant and Dallas Counties

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

163


Say Yes to Dallas, where living means thriving.


Living & Lifestyle

Photo: Michael Samples

Cost of Living Market Tapestry Housing Costs and Choices Schools - Public Education Schools - Private Education Arts, Culture, and Entertainment Parks and Recreation Live-Work-Play Significant Projects Future Projects

2021

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165


LIVING & LIFESTYLE | COST OF LIVING Seattle (156.8)

Cost of Living The Dallas-Fort Worth region is one of the most affordable in the country. The low cost of living is a competitive advantage for companies as they seek to keep labor costs low and recruit the best workers. Employees in DFW enjoy a higher standard of living with lower housing costs as well as lower costs for groceries, transportation, and health care. The region’s relatively low housing prices — about 50 percent lower than the average of other major metropolitan areas —provide a strong edge for companies that operate here.

San Francisco (194.0)

Denver (113.4)

Los Angeles  (147.7) Phoenix (102.3) San Diego  (142.9)

Fort Worth (93.

San

MISC. GROCERIES

HOUSING

UTILITIES

Boston

If you lived in one of these cities and moved to Dallas, here’s how your cost of living would change.

-12%

-48%

-12%

-14%

TRANSPORTATION

HEALTH CARE

MISCELLANEOUS COMPOSITE

Chicago +17%

-6%

For example, housing costs in Dallas are 48% lower than in Boston

-7% -29%

Los Angeles +15%

-18%

COMP.

0%

-6% -12%

-31% -49%

Source: C2ER

166

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


100=U.S. Average Boston (150.0)

Minneapolis  (105.1) New York (Manhattan) (244.7) Philadephia (111.7)

Chicago (123.9)

LIVING & LIFESTYLE | COST OF LIVING

.7)

ACCRA Cost of Living Index

Washington DC (Arlington) (159.0) Kansas City (95.2)

Atlanta (101.1)

Dallas  (107.7)

Austin  (101.8)

n Antonio  (92.7)

Houston (95.2)

Miami (116.1)

Fort Worth

Dallas +7.5%

MISC.

-2.8% -20.1%

-13.2%

-2.7%

New York +10%

+15.9%

+.8%

+8.0%

+13.8%

+7.1%

+7.7%

MISC.

COMP.

COMP.

-0.1%

-6.3%

Seattle

-6.8%

San Diego

San Francisco +5%

+4%

-1% -29%

-22%

-33% -50% -79%

2021

-11% -34% For example, housing costs in Dallas are 50% lower than in Seattle

-14%

-13% -45%

-23% -32%

-9%

-22% -37%

-68%

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

167


LIVING & LIFESTYLE | MARKET TAPESTRY

Dallas–Fort Worth Market Tapestry Defining the “character” of the region sometimes involves segmentation. Segmentation systems suggest that people with similar tastes, backgrounds, and lifestyles gravitate toward and connect with one another. The market tapestry map presents areas within DFW where people with various similar characteristics and backgrounds tend to cluster.

The market tapestry is a fascinating snapshot of lifestyle choices. Based on demography and geography, the main purpose of this type of data is targeted marketing efforts, but the high-level picture of types of neighborhoods and the people who live in them based on the activities and expenses of those people is a compelling story all on its own. Some segments develop as a result of age, some show up as a result of income, and still others result from ethnic influence.

ESRI’s Tapestry Segmentation shown on the map combines the “who” of lifestyle demography with the “where” of local neighborhood geography to create a model of various lifestyle classifications or segments of actual neighborhoods with addresses—distinct behavioral market segments. To create this map, U.S. census tracts are divided into 65 distinctive segments based on socioeconomic and demographic characteristics to provide an accurate, detailed description of U.S. neighborhoods. These segments are then grouped into the 14 Tapestry Segmentation LifeMode Summary Groups, which are characterized by lifestyle and lifestage and share an experience such as being born in the same time period or a trait such as affluence.

Source: ESRI Business Analyst

168

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


Median Net Worth

Population

Percentage of DFW Population

AFFLUENT ESTATES

Established wealth— educated, well-traveled married couples

$129,800

$715,900

1,084,940

18.7%

$102,500

$268,400

166,675

2.9%

$89,700

$44,500

250,910

4.3%

$81,100

$184,000

728,360

12.6%

$66,800

$157,800

347,718

6.0%

$62,700

$163,200

237,404

4.1%

$59,500

$79,800

1,355,215

23.4%

$54,500

$36,800

312,625

5.4%

$50,800

$111,600

82,398

1.4%

$46,300

$75,400

230,323

4.0%

$39,100

$12,900

478,136

8.2%

$37,300

$23,000

188,176

3.2%

$39,900

$13,300

281,073

4.8%

$33,300

$10,900

58,195

1.0%

UPSCALE AVENUES

Prosperous, married couples in higher density neighborhoods

UPTOWN INDIVIDUAL

Younger, urban singles on the move

FAMILY LANDSCAPES

Successful younger families in newer housing

LIVING & LIFESTYLE | MARKET TAPESTRY

Median Household Income

GEN X URBAN

Gen X in middle age— families with fewer kids and a mortgage

COZY COUNTRY LIVING

Empty nesters in bucolic settings

ETHNIC ENCLAVES

Established diversity— young, Hispanic homeowners with families

MIDDLE GROUND

Lifestyles of thirtysomethings

SENIOR STYLES

Senior lifestyles reveal the effects of saving for retirement

RUSTIC OUTPOSTS

Country life with older families, older homes

MIDTOWN SINGLES

Millennials on the move— single, diverse and urban

HOMETOWN

Growing up and staying close to home—single householders

NEXT WAVE

Urban denizens—young, diverse, hardworking families

SCHOLARS & PATRIOTS

College campuses and military neighborhoods

2021

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

169


LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

Housing Costs Home prices in Dallas-Fort Worth are still among the most affordable in the country, according to research from the Urban Land Institute. The local housing market’s strength during global economic fluctuations is due to a combination of a lower cost of living (compared with other major metropolitan areas) and a diverse economic base that has kept unemployment figures below national levels. The bottom line for families is that a dollar buys more square footage per home in DFW. The ease of travel between smaller cities and major job centers allows employees to choose from a variety of communities and neighborhoods to accommodate their lifestyles and price points.

Home Prices Around the Region Median home prices by ZIP code as of the fourth quarter of 2020 in the Dallas-Fort Worth area as determined by North Texas Real Estate Information System

Sources: North Texas Real Estate Information Systems, Inc Quarterly NTREIS Economic Report

170

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


2021

$250,001-$500,000

> $500,000

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

$100,001-$250,000

171


LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

Housing Choices When it comes to convenience and charm, the Dallas and Fort Worth area offers plenty of housing opportunities. Whether you are a temporary business traveler or a family of five, the region offers diverse housing options for individuals and families of all sizes. If you lean toward urban chic, relocate to a trendy urban loft, complete with skyline views and downtown ambience. One major trend in DFW housing takes place above shops, restaurants, and movie theaters, thanks to numerous condominium and loft communities scattered throughout the area. Established neighborhoods with abundant choices of single-family homes abound. Or, for a more relaxed small-town feel, neighboring communities provide homegrown pride mixed with big-city conveniences and friendly neighbors. Whatever your style, Dallas–Fort Worth has the home for you. Housing photos provided by CENTURY 21 Judge Fite Company.

How much house can I buy? 4,1 45 AR

4 BEDS 4.1 BATHS

GY

SQ

LE

5 BEDS 4 BATHS

3, 4 1 BU 0 S

4 BEDS 3.1 BATHS

ES

QF

ON

1,1 67 D S

2 BEDS 1.1 BATHS

172

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

QF

$260,000

N

FT

SQ

LL A

S

FT

$389,900 4 ,6

81 S

EN

T

7 BEDS 4 BATHS

SQ

TO

$359,900 DA

2 BEDS 2.1 BATHS

A SH LL A OP S AR T S)

ING

1,9 00

T

$525,000 (BI

RL

FT

$750,000 RL

3,1 9 A 9

NIS

QF

T

$514,910 2021


2,4 12 D S AL

2 BEDS 2.1 BATHS

58

FR

RIC

2021

T

ISC

SQ O

5 BEDS 5.1 BATHS

HA

RD

$525,000

QF

SO

N

85

ND

4 BEDS 2 BATHS

SQ

ING

57

CK

SQ

$385,000

LL

SQ

81 S

PL

FT

AN

O

UT

4 BEDS 2 BATHS

QF

T

$439,900 4 ,0 1 SO 8 S

FT

FT

$479,900 2,9

4 BEDS 3 BATHS

WA

30

(C U F O LT U R T RA WO L D RT IST H RIC T)

FT

$429,000 RO

4 BEDS 3 BATHS

OU

2 ,5

$979,000

2 ,3 T

SQ

RM

IRV

FT

4 BEDS 2.1 BATHS

01 S

88

WE

2 ,6

$650,000 4 ,2

5 BEDS 3.1 BATHS

S

$1,999,998 3,5

4 BEDS 3.1 BATHS

LA

QF

4 ,5

FLO

LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

Photos provided by CENTURY 21 Judge Fite Company

HL

QF

AK

E

T

$974,900

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

173


LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

Apartment Costs Apartment dwelling in the DFW area will match your preferences. All types and sizes are found throughout our region. Communities range from traditional apartment complexes to luxury high-rise buildings to large-scale communities with every bell and whistle imaginable (including someone who will come and change a blown light bulb!). Some newer apartment communities offer fun amenities. These include dog runs, workout facilities, tanning services, and community activities ranging from movies on the lawn, to wine tastings, to Monday Night Football parties. In recent years, mixed-use communities—which feature multiple apartment buildings, as well as restaurants, shops, movie theaters, and underground parking—are popping up throughout the region, appealing to a segment of people who desire an urban, walkable neighborhood experience without the responsibilities of homeownership.

Two-Bedroom Rent Rates

Average Monthly Rent $599-$1,058 $1,059-$1,301 $1,302-$1,626 $1,627-$2,322 $2,323-$3,943

Source: RealPage

174

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2021


Top 25 Subdivisions (2020)

24

Ranked by number of new home starts 2 17 4

12 8 25 7

LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

New Subdivisions

10

19 9 20

23

15 1

14 5

6 18 21

3

11

22 13

16

Average Sales Prices

(Ranked by new home starts)

FUTURE LOTS 1-285

SUBDIVISION (STARTS) AVERAGE SALES PRICE

SUBDIVISION (STARTS) AVERAGE SALES PRICE

1 Woodcreek. . . . . . . . . . . . . . . . . . . . . . $209-$404

14 Wellington (Ft. Worth). . . . . . . . . . . . . . $275-$491

2 Silverado. . . . . . . . . . . . . . . . . . . . . . . . $230-$352

15 Trails of Elizabeth Creek. . . . . . . . . . . $269-$333

3 Viridian. . . . . . . . . . . . . . . . . . . . . . . . . $255-$1000

16 Somerset Addition (Mansfield). . . . . $286-$483

4 Union Park. . . . . . . . . . . . . . . . . . . . . . . $237-$500

17 Hillstone Pointe. . . . . . . . . . . . . . . . . . . $243-$340

5 Waters Bend. . . . . . . . . . . . . . . . . . . . . $240-$423

18 Trinity Crossing. . . . . . . . . . . . . . . . . . . $160-$308

6 Travis Ranch. . . . . . . . . . . . . . . . . . . . . $206-$461

19 Winchester Crossing (Princeton). . . $234-$290

7 ArrowBrooke. . . . . . . . . . . . . . . . . . . . . $243-$398

20 Canyon Falls. . . . . . . . . . . . . . . . . . . . . $299-$845

8 Winn Ridge. . . . . . . . . . . . . . . . . . . . . . $209-$362

21 Devonshire (Kaufman Co) . . . . . . . . . $215-$500

9 Pecan Square. . . . . . . . . . . . . . . . . . . . . $288-$551

22 Heartland. . . . . . . . . . . . . . . . . . . . . . . . . $195-$425

10 Trinity Falls. . . . . . . . . . . . . . . . . . . . . . . $250-$704

23 Inspiration. . . . . . . . . . . . . . . . . . . . . . . $287-$650

55-123

11 Windmill Farms. . . . . . . . . . . . . . . . . . . $201-$290

24 Sandbrock Ranch . . . . . . . . . . . . . . . . $259-$522

124-220

12 Sutton Fields (Celina) . . . . . . . . . . . . . . $251-$463

25 Light Farms. . . . . . . . . . . . . . . . . . . . . . $248-$810

221-528

(In thousands)

13 Wildcat Ranch . . . . . . . . . . . . . . . . . . . . $187-$283

2021

(In thousands)

286-1,080 1,081-2,500 2,501-5,000 5,001-13,900

VACANT DEVELOPED LOTS 1-16 17-54

SOURCE: Zonda

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

175


LIVING & LIFESTYLE | SCHOOLS - PUBLIC EDUCATION

Schools - Public Education

176

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Chico ISD 1021 | 596

Sanger ISD 1053 | 2635

Aubrey ISD 1120 | 2593 Denton ISD 1104 | 30919

Ponder ISD 1138 | 1579

Bridgeport ISD 1035 | 2077 Paradise ISD 1078 | 1236

Boyd ISD 1010 | 1305

43 44 5

Springtown ISD 1044 | 3584

39 Azle ISD 1046 | 6815

Peaster ISD 1053 | 1322

Weatherford ISD 1050 | 8105

Aledo ISD 1150 | 6437 Fort Worth ISD 944 | 82891

GrapevineColleyville ISD 1200 | 14234

1136 | 35267

4 58

Burleson ISD 1059 | 12810 Granbury ISD 1091 | 7474

Godley ISD 1034 | 2348

Joshua ISD 1052 | 5618

3

34

16

21

Cedar Hill ISD 1004 | 7625

Alvarado ISD 1002 | 3663

Grandview ISD 1050 | 1354

Choices abound for schooling in the Dallas-Fort Worth area: public, public charter, private or parochial, and homeschooling. Should you want to send your kids to public school, rest assured that the Dallas-Fort Worth area has many fine choices. In Texas, public school districts operate independently and are governed by locally elected school boards that implement state guidelines through a selection of instructional programs, curriculum, and local expectations that often exceed state minimums. Local districts are governed by an independently elected school board of trustees which hires a superintendent as CEO; sets a district philosophy (vision and mission) and local policies; selects a curriculum within the state guidelines; and sets the local ISD tax rate, budget, and district boundaries. Here’s what you need to consider in finding the right school district for you:

Desoto ISD 900 | 8633

Red O 1016

Waxahach 1086 | 9 Maypearl ISD 1034 | 1137

Rio Vista ISD 1008 | 755

Italy ISD 1083 | 640

1

The district and school’s philosophy vs. your family’s interests and needs n Vision, mission, goals n Size of school and class size n Grade level alignment (K-4, K-5, K-6, etc.) n Curriculum variations n Parent engagement

2

18

Duncanville ISD 968 | 12426

Midlothian ISD 1121 | 9783

Cleburne ISD 1019 | 6902

Choosing a District

8

Venus ISD 1041 | 2182

Keene ISD 1020 | 1100

Glen Rose ISD 1069 | 1930

37

7

Arlington ISD 1046 | 59532

Mansfield ISD 1081 | 35669

Crowley ISD 983 | 15996

24

41

Kennedale ISD 1069 | 2975

20

57

Irving ISD 935 | 33544

46

15

28

F 120

9

45

Hurst-EulessBedford ISD 1089 | 23816

27 48

32

26 47 31 33

Carroll ISD 1280 | 8525

Birdville ISD 1080 | 23576

Castleberry ISD 913 | 3649 White Settlement ISD 1043 | 6979 19

49

55 Keller ISD

Eagle MtSaginaw ISD 1057 | 21024

54 23

Little Elm ISD 1050 | 8065 Lake Dallas ISD 1094 | 3986

Argyle ISD 1167 | 3483 Northwest ISD 1053 | 25040

Poolville ISD 1025 | 540

Pilot Point ISD 1005 | 1359

Krum ISD 1034 | 2062 Decatur ISD 1073 | 3464

Source: Texas Education Agency

School districts in the Dallas–Fort Worth region are locally administered and independent of one another and the cities and towns they serve. For example, the Richardson Independent School District (RISD) includes students in Richardson, as well as parts of Dallas and Garland. The Dallas Independent School District— or Dallas ISD—is the region’s largest school district with approximately 154,000 students. Students attending Dallas ISD schools reside in Addison, Balch Springs, Carrollton, Cockrell Hill, Dallas, Farmers Branch, Garland, Highland Park, Hutchins, Mesquite, Seagoville, University Park, and Wilmer. Dallas ISD hosts 27 magnet schools and academies, including several that have been nationally recognized. Booker T. Washington High School for the Performing and Visual Arts is in the heart of the Dallas Arts District and includes several internationally known artists among its alumni. The arts magnet, along with the School for the Talented and Gifted and the School of Science and Engineering at Yvonne A. Ewell Townview Center in Dallas, are consistently recognized as being among the best high schools in the nation by U.S. News and World Report. Other area schools recognized by U.S. News include Westlake Academy (Westlake), Highland Park High School (Highland Park), Uplift Academy (Arlington, Dallas, Irving), Lovejoy High School (Lucas), and Texas Academy of Biomedical Sciences (Fort Worth). In 2020, eight area schools were recognized as Blue Ribbon Schools, a national honor awarded to those that have achieved academic excellence or made significant progress in closing the achievement gap. The Fort Worth ISD dominates Tarrant County, serving approximately 83,000 students. The district serves most of the city of Fort Worth, as well as those of Benbrook, Westover Hills, and Westworth Village. Students from parts of Forest Hill, Haltom City, and Kennedale also attend FWISD schools. The district is home to the Leadership Academy Network, a system of five leadership academies impacting nealy 3,000 students made possible by a partnershop with the Texas Wesleyan School of Education and authorized by Texas Senate bill 1882, the Texas Partnership Opportunity.

Slidell ISD 1193 | 313

Alvord ISD 1050 | 738

Student achievement and performance (including staff and teacher performance) The Dallas County area education coalition, COMMIT! and its partners offer a way of best assessing student achievement within schools and districts. Find it online at commit2dallas.org.

2021

A 1


Celina ISD 1162 | 2831

Rank

Anna ISD 1060 | 3828 Blue Ridge ISD 1056 | 921

Melissa ISD 1108 | 3580

50

Wolfe City ISD 1110 | 665

Celeste ISD 1070 | 506

42 38 6 36 29

8

McKinney ISD 1159 | 24621

Farmersville ISD Princeton ISD 1050 | 1767

30 22

Frisco ISD 08 | 62705

Bland ISD 1012 | 726

1067 | 5434

40

Greenville ISD 1006 | 5364

Allen ISD 14 1202 | 21880

Plano ISD 1238 | 52629

52 Wylie ISD

Community ISD 990 | 2560

1129 | 17230

Royse City ISD 1082 | 6600

35

53

Garland ISD 974 | 55701

Richardson ISD 1138 | 39619

Caddo Mills ISD 1051 | 1914 Boles ISD 1053 | 534 Quinlan ISD 1010 | 2645

Rockwall ISD 1150 | 17007

11 17 13 1 56

51 2

Sunnyvale ISD 1142 | 1979

10

Forney ISD 1076 | 11977

Mesquite ISD 1005 | 39856

12 Dallas ISD

929 | 153861

Terrell ISD 1008 | 4804

25

Lancaster ISD D 900 | 7474 3

Oak ISD 6 | 6067

Crandall ISD 1044 | 4592

Kaufman ISD 1013 | 4057

Ferris ISD 1119 | 2680 Scurry-Rosser ISD 1036 | 1099

Palmer ISD 1020 | 1266

hie ISD 9481

Kemp ISD 1075 | 1624

Mabank ISD 1057 | 3682

Legend

Ennis ISD 1039 | 5939

ISD Name

2020 Enrollment  |  2018 SAT Score

District Boundaries

North Texas School District Ratings, 2019

A

Avalon ISD 1037 | 359

3

Program offerings and compatibility with your child’s interests and needs n Athletics n Career and technology n Dual credit n Extracurricular activities n Fine arts n Gifted and talented n Performing arts n Special education

4

B

C

5

F

District Characteristics Each district has a unique profile. Visiting district websites and reading the expanded district profiles at SayYesToDallas.com will reveal their distinct features and offerings.

Charter Schools In 1995, the 74th Texas Legislature passed legislation giving the state the authority to create open-enrollment charter schools. These schools are subject to fewer state laws than other public schools and support the idea of ensuring fiscal and academic accountability without undue regulation of instructional methods or pedagogical innovation. Like school districts, charter schools are monitored and accredited under the statewide testing and accountability system.

2021

School

City

School For The Talented And Gifted (TAG)

Dallas

10

Irma Lerma Rangel Young Women’s Leadership School

Dallas

3

17

School of Science and Engineering Magnet (SEM)

Dallas

4

82

Young Women’s Leadership Academy

Fort Worth

5

100

Westlake Academy

Westlake

6

111

Imagine International Academy of North Texas

McKinney

7

140

Grand Prairie Fine Arts Academy

Grand Prairie

8

165

Judge Barefoot Sanders Law Magnet

Dallas

9

166

Uplift Education - N ​ orth Hills Prep HS

Irving

10

172

Booker T. Washington SPVA

Dallas

11

238

Highland Park HS

Dallas

12

244

Rosie Sorrells School of Edu. and Soc. Services HS

Dallas

13

270

School of Health Professions

Dallas

14

301

Lovejoy HS

Lucas

15

318

Uplift Summit International HS

Arlington

16

322

Trinidad Garza Early College At Mountain View

Dallas

17

335

Dr. Wright L Lassiter Jr Early College HS

Dallas

18

337

School of Business and Management

Dallas

19

393

Texas Academy of Biomedical

Fort Worth

20

409

Harmony School of Innovation - Forth Worth

Fort Worth

21

486

Young Women’s Leadership Academy at Arnold

Grand Prairie

22

569

Liberty HS

Frisco

23

641

Wakeland HS

Frisco

24

667

Uplift Williams Preparatory HS

Dallas

25

669

Kathlyn Joy Gilliam Collegiate Academy

Dallas

26

711

Founders Classical Academy

Lewisville

27

731

Reedy HS

Frisco

28

784

Fort Worth Academy of Fine Arts

Fort Worth

29

791

Centennial HS

Frisco

30

836

Independence H S

Frisco

31

849

Coppell HS

Coppell

32

982

Harmony Science Academy - Carrollton

Carrollton

33

987

New Tech HS at Coppell

Coppell

34

1035

John Dubiski Career HS

Grand Prairie

35

1042

International Leadership of Texas - Garland HS

Garland

36

1045

Heritage HS

Frisco

37

1212

Uplift Heights Preparatory HS

Dallas

38

1318

McKinney Boyd HS

McKinney

39

1329

Keller HS

Keller

40

1413

Allen HS

Allen

41

1417

Uplift Infinity HS

Irving

42

1418

McKinney North HS

McKinney

43

1447

James M Steele Accelerated HS

Roanoke

44

1487

Byron Nelson HS

Trophy Club

45

1627

Colleyville Heritage HS

Colleyville

46

1646

Harmony Science Academy - Euless

Euless

47

1656

iSchool of Lewisville

Lewisville

48

1684

Frisco HS

Frisco

49

1702

Flower Mound HS

Flower Mound

50

1779

Prosper HS

Prosper

51

1786

Uplift Peak Preparatory HS

Dallas

52

1844

Wylie HS

Wylie

53

1862

Richardson HS

Richardson

54

1876

Lone Star HS

Frisco

55

1883

Central HS

Keller

56

1936

A Maceo Smith New Tech HS

Dallas

57

1955

Creekview HS

Carrollton

58

1987

Young Men’s Leadership Academy

Fort Worth

1

6

2

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

LIVING & LIFESTYLE | SCHOOLS - PUBLIC EDUCATION

U.S. News & World Report Best High Schools (2020)

177


LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION

Schools - Private Education

Private High Schools Ranked by 2020-21 Tuition* 1 St. Mark’s School of Texas, $34,862

Private School Calendar n  Testing for private schools often

takes place in the fall

n  Enrollment is in January or February n  School typically starts earlier

in August

178

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Source: Texas Private School Accreditation Commission and School websites

Parents send their children to private schools for a variety of reasons. Some select private schools for religious or philosophical reasons. Others value smaller class sizes and individualized attention for their children. Then there are parents who are focused on the highest possible learning standards, advanced placement courses, and rigorous college preparation that leads to enhanced academic opportunities. The Dallas-Fort Worth area offers a variety of private institutions—some religious, some secular, and some with special niches. Well-known institutions include St. Mark’s School of Texas (Dallas), Hockaday School (Dallas), Greenhill School (Addison), Episcopal School of Dallas, Yavneh Academy of Dallas, Fort Worth Country Day School, and Trinity Valley School (Fort Worth).

2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50

Greenhill School, $34,580 Shelton School, $34,200 The Hockaday School, $33,200 Parish Episcopal School, $33,050 The Episcopal School of Dallas, $31,795 Alcuin School, $30,800 The Winston School Dallas, $29,760 Yavneh Academy, $28,560 Fort Worth Country Day, $26,130 Bending Oaks School, $25,000 Trinity Valley School, $24,920 Lakehill Preparatory School, $24,850 All Saints Episcopal School Fort Worth, $24,620 The Cambridge School of Dallas, $24,600 Dallas International School, $24,350 The St. Anthony School,$24,300 Trinity Christian Academy Addison, $24,200 Dallas Academy, $24,135 The Oakridge School, $23,980 Ursuline Academy of Dallas, $23,900 Vanguard Preparatory School, $23,500 Prestonwood Christian Academy, $23,376 Fairhill School, $22,900 Cistercian Preparatory School, $22,800 Bridge Builder Academy, $22,500 Hill School of Fort Worth, $22,240 Jesuit College Preparatory School, $22,165 The Covenant School of Dallas, $21,990 The Selwyn School, $21,970 Southwest Christian School, $20,950 The Novus Academy, $20,850 The Westwood School Upper School Campus, $20,485 Legacy Christian Academy, $20,340 The Key School, $20,050 Bishop Lynch High School, $20,000 Prince of Peace Christian School Carrollton, $19,700 John Paul II High School, $19,650 Liberty Christian School, $19,638 Fort Worth Christian School, $19,185 Nolan Catholic High School, $19,140 Covenant Christian Academy, $18,782 Dallas Christian School, $18,361 The Clariden School, $18,304 Grapevine Faith Christian School, $18,250 Yorktown Education, $18,000 E.A. Young Academy, $17,900 Bishop Dunne Catholic High School, $16,737 The Highlands School, $16,250 Northstar School, $15,900

51 52

Cristo Rey Dallas College Prep**, $15,725 McKinney Christian Academy, $15,125

*Costs shown for 12th grade, and where applicable: for a single child enrolled; for U.S. resident students; and for non-parishoners. Does not include separate fees. ** Sliding scale based on family income and household size. Family contribution varies from $500 - $2,500 per year

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Private School

52

34

30 39

23 37 46 38 44

18 33

32

42

40

26

3

5 22 28 29 2 7 4 6 16 8 1 9 25 15 21 17

45

47

24

49

13

41

53 14 10 31

12

35 27

11

19

LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION

Legend

43

36

51

20 48 50

Researching Schools The Dallas-Fort Worth region offers a wide range of private school options. Some of the terms you will encounter as you look at private school options include: n  Learning differences schools –

These schools provide for students with learning differences across the spectrum and can range from pre-K through 12th grade.

n  Boarding schools – Several of the

single-gender private schools offer full-time boarding as well as day student options.

n  Language/culture specific –

Some schools offer immersion in specific languages, like French, Chinese and Japanese. Many of these schools offer Saturday and summer options for families who

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want students to attend a traditional school and supplement with cultural and language immersion. n  Montessori method – This is

a child-centered educational approach based on scientific observations of children from birth to adulthood. Schools incorporating this self-direction and discovery method are located across the region, but they generally do not extend beyond elementary. A number of public districts also have a Montessori choice option within the district.

n  Classical – These schools are

usually characterized by small class sizes and a classics-based education, normally with fewer team athletic options.

n  College preparatory – Prep

schools focus on academic rigor in preparation for demanding collegiate programs.

n  Religious/parochial – Some

schools are associated with specific religious denominations or churches and incorporate religious teaching as part of the curriculum.

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LIVING & LIFESTYLE | ARTS, CULTURE, AND ENTERTAINMENT

The Dallas-Fort Worth region has several major arts districts. The Dallas Arts District, anchored by the Dallas Museum of Art, Morton H. Meyerson Symphony Center, and AT&T Performing Arts Center, is nearly 70 acres—the largest contiguous urban arts district in the country. Here you can catch a performance of Texas Ballet Theater, a Broadway touring production, classical or local musicians, a night of live storytelling, TED talks, movies and music under the stars, festivals, art exhibits, and so much more. The Fort Worth Cultural District claims five internationally recognized museums, including the Kimbell Art Museum, the Amon Carter Museum of American Art, and The Modern. Beyond the fantastic cultural centers, the region is home to hundreds of smaller museums and public galleries, scores of professional and community theaters, and dozens of local symphony and chamber orchestras, dance troupes, and opera associations. Dallas-Fort Worth is Texas’ most arts-intensive metro area on a per capita basis—a great deal of money per person goes to cultural arts. No matter what artistic pursuits you enjoy, you can find them here. You could spend every weekend in our arts districts and never run out of new things to do.

Photo: Michael Samples

Arts, Culture, & Entertainment

Modern Art Museum of Fort Worth

Museums of Dallas-Fort Worth African American Museum Amon Carter Museum Cavanaugh Flight Museum The Children’s Aquarium at Fair Park Dallas Heritage Village

Bass Performance Hall Casa Mañana Charles W. Eisemann Center Circle Theatre Dallas Black Dance Theatre Dallas Children’s Theater Dallas Summer Musicals The Dee and Charles Wyly Theatre Grapevine Opry Irving Arts Center Kalita Humphreys Theater Latino Cultural Center Majestic Theater The Margot and Bill Winspear Opera House Moody Performance Hall Morton H. Meyerson Symphony Center The Patty Granville Arts Center Texas Ballet Theater

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Dallas Museum of Art Fair Park Fort Worth Museum of Science & History Frontiers of Flight Museum Heritage Farmstead

Photo: Michael Mcgary

Ballet Folklorico

Dallas Holocaust Museum

Turtle Creek Chorale - Dallas

International Bowling Museum & Hall of Fame Kimbell Art Museum The Meadows Museum Modern Art Museum of Fort Worth Museum of the American Railroads Nasher Sculpture Center National Cowgirl Museum and Hall of Fame National Scouting Museum National Soccer Hall of Fame Perot Museum of Nature & Science The Sixth Floor Museum at Dealy Plaza The Trammell & Margaret Crow Collection of Asian Art

Photo: DVisit Dallas

Music and Theater of Dallas-Fort Worth

Dallas Black Dance Theatre

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Photo: Perot Museum of Nature and Science

LIVING & LIFESTYLE | ARTS, CULTURE, AND ENTERTAINMENT

Photo: Nigel Young, Foster + Partners

Margot and Bill Winspear Opera House

Perot Museum of Nature and Science

Dallas Arts District Dallas Museum of Art Nasher Sculpture Center Crow Collection of Asian Art Morton H. Meyerson Symphony Center The Perot Museum of Nature and Science The AT&T Performing Arts Center: The Margot and Bill Winspear Opera House The Dee and Charles Wyly Theatre Moody Performance Hall Annette Strauss Artist Square

Fort Worth Cultural District Amon Carter Museum of American Art Kimbell Art Museum & Renzo Piano Pavilion Darnell Street Auditorium Modern Art Museum of Fort Worth Casa Mañana National Cowgirl Museum and Hall of Fame

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Photo: Nasher Sculpture Center

Nasher Sculpture Center

Fort Worth Museum of Science and History Fort Worth Community Arts Center W.E. Scott Theatre

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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LIVING & LIFESTYLE | PARKS AND RECREATION

Parks and Recreation The Dallas-Fort Worth region offers a bevy of recreational opportunities with several lakes and state parks featuring boating, water sports, hiking trails, and options for mountain and road biking. The sports scene is enormously popular, as well.

Parks and Nature Centers

Cedar Ridge Preserve Children's Aquarium at Fair Park Dallas Arboretum Dallas World Aquarium Dinosaur Valley State Park Dogwood Canyon Audubon Center at Cedar Hill Fort Worth Botanic Garden Fort Worth Japanese Garden Fort Worth Nature Center and Refuge Fossil Rim Wildlife Center HEARD Natural Science Museum & Wildlife Sanctuary River Legacy Park and Science Center The Rory Meyers Children’s Adventure Garden Trinity Forest Adventure Park Trinity River Audubon Center

Zoos

Dallas Zoo Fort Worth Zoo

Rodeo

Fort Worth Stock Show and Rodeo Mesquite Rodeo Stockyards Championship Rodeo

1

Cedar Hill State Park Cedar Hill

Green Space

in Dallas-Fort Worth

n Fishing, boating, and kayaking on Joe Pool Lake n 1,200 acres with 15 miles of mountain biking trails n Walking trails through open fields

and wooded areas

n More than 350 wooded campsites n Penn Farm Agricultural History Center

4

2

River Legacy Park Arlington

n 1,300 acres of forests and greenbelts n 10 miles of cross-country trails n A treetop playground that looks like a giant treehouse n A canoe launch with access to up to 8 miles of paddling n River Legacy Living Science Center

2 5

Auto Racing

1

Texas Motor Speedway Texas Motorplex

Golf

PGA Tour—AT&T Byron Nelson Championship PGA Tour—Charles Schwab Challenge

Professional Sports

Allen Americans (Minor League Hockey) Complexity Gaming (esports organization) Dallas Cowboys (NFL) Dallas Griffins (Major League Rugby) Dallas Mavericks (NBA) Dallas Rattlers (Lacrosse) Dallas Renegades (XFL) Dallas Sidekicks (Soccer) Dallas Stars (NHL) Dallas Wings (WNBA) Envy Gaming (esports organization) FC Dallas (Major League Soccer) Frisco Fighters (Indoor Football League) Frisco RoughRiders (Minor League Baseball) Grand Prairie Air Hogs (Minor League Baseball) Lone Star Brahmas (Minor League Hockey) OpTic Gaming (esports organization) Texas Elite (Women’s Football) Texas Legends (NBA Development League) Texas Rangers (MLB)

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

3

Arbor Hills Nature Preserve Plano

n 200 acres of rolling hills for exploring n Off-road biking trails n Picnic pavilion and kids playground n Butterflies, birds, and other wildlife n Dog friendly

4

Meadowmere Park Grapevine

n 252 acres on the shore of Lake Grapevine n Sloping sandy beaches and camping n Swimming, paddleboarding, and kayaking n Large, colorful children’s playground area

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5

Trinity Park Fort Worth

n Next to the Fort Worth Zoo, along the banks of the Trinity River n Annual events such as Mayfest and the National Veterans Day Run n Miniature Railroad n Natural surface trails for hiking, biking, and running n Fishing and duck feeding

3

6 6 7

White Rock Lake Park Dallas

n 9.33-mile hike and bike trail n Shoreline picnic areas n Kayak and paddleboard rentals n Audubon Society bird watching area n Dallas Arboretum and Botanical Garden

Walking, running, hiking, and biking are popular here, and we’ve got plenty of places to explore outdoors. The city of Dallas has more than 150 miles of hike and bike trails—and outside the city, where urban life gives way to more pastoral pursuits, you’ll find so many more. The Katy, Santa Fe, and White Rock trails are lovely paved paths, but if a walk (or ride) in the woods is more to your liking, it’s only a matter of effort. Certified Master Naturalist Bill Holston recommends Cedar Ridge Preserve in South Dallas for its wooded hills and wildlife; Dogwood Canyon in Cedar Hill for its hilly terrain and flowering trees in spring; and Oak Point Park and Nature Preserve in Plano for its creeks, ponds, and easy-to-follow routes.

Trails

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3

4 6

5 9

8

10

7

Klyde Warren Park Dallas

n 5.2 acres downtown n Performance pavilion, walking trails, dog park, children’s playground, and games area n Free events such as book signings, group exercise, movies, music n Food trucks every day n Accessible by M-Line Trolley,

DART, and D-link

Arbor Hills Nature Preserve

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LIVING & LIFESTYLE | PARKS AND RECREATION

North Texas Trails

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7

11 13 15

14

16

1 Erwin Park 2 Frisco NW Community Park Trail 3 Knob Hills 4 Arbor Hills 5 Northshore Trail 6 Katie Jackson 7 Squabble Creek 8 Rowlett Creek Preserve 9 Horseshoe 10 Harry Moss Park 11 L.B. Houston Nature Trails 12 River Legacy 13 Oak Cliff Nature Preserve 14 Boulder Park 15 Big Cedar 16 Goat Island Preserve D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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LIVING & LIFESTYLE | LIVE-WORK-PLAY

Live-Work-Play in Dallas-Fort Worth Modern developments in every corner of the Dallas-Fort Worth region make the transition of a move to DFW easier than ever. These wellthought-out living centers make it possible to have an insta-community, where you literally walk from the place you live to shopping, dining, entertainment, green space, public transport, and sometimes even your workplace. Imagine how much time that frees up and how flexible your schedule becomes—not to mention the social opportunities it affords. In Dallas-Fort Worth, you’re lucky enough to have many options for this new style of living. We highlight just a few notable locations. Many more are in the process of being built.

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2

4

Mockingbird Station

West Village

Victory Park

Bishop Arts

Centered around a park & ride DART Station. Houses an Angelika Theatre, restaurants, shopping, loftstyle offices, and dwellings.

Pioneering walkable district in the heart of Uptown. Accessed by DART and the M-Line Trolley. Magnolia Theatre joins scene-packed dining and unique retail.

Anchored by the American Airlines Center with a crowd-gathering screenfilled plaza. High-rise living is upscale and serviceoriented.

Built in the 1920s around Dallas’ busiest trolley stop. Recent redevelopment maintains the vintage artsy character with 160 shops and restaurants.

Dallas

5

Dallas

6

Dallas

7

Dallas

8

Main Street District

Cedars/Southside

West 7th

Sundance Square

Downtown Dallas’ urban revival at its best. Preserved buildings let hotels pair with residences. Active nightlife and dining.

Beginning with the conversion of a former Sears distribution center into lofts, the area has grown into a haven for artists, hip bars, and urban dwelling. Alamo Drafthouse, Gilley’s, and Lorenzo Hotel are anchors.

The former headquarters of Acme Brick is now a pedestrian-friendly urban entertainment district not far from downtown, near TCU.

Park free on the 35 blocks of brick-paved streets in Downtown Fort Worth. Features restored turn-ofthe-century buildings and an expansive plaza.

Dallas

9

Dallas

10

Incorporates Frisco’s City Hall and public library along with shopping, apartment buildings, and office space.

Fort Worth

11

Addison Circle

Frisco Square

Frisco

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3

Legacy & Legacy West Plano

The Shops at Legacy is the vibrant heart of the Legacy Business Park. Legacy West is the newest addition to the area with 250+ acres of retail, dining, residential, hotel, and offices.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

Fort Worth

12

Watters Creek

Addison

Allen

You’ll remember it for the giant blue steel sculpture in the center of a roundabout. You’ll visit for events like Kaboom Town and Oktoberfest.

The first LEED-certified retail complex in Texas offers open-air shopping, dining, office space, and apartments along with weekend concerts and events.

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LIVING & LIFESTYLE | LIVE-WORK-PLAY

Downtown Denton

McKinney Urban Village

20

Frisco Square

Downtown McKinney

9 The

Gate

Frisco Station The Star Legacy West Grandscape Highland Village

12 Watters Creek

10 Legacy Town Center

15

17 Downtown Plano

Parker Square

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Cityline Amli Galatyn Station

Addison Circle

Downtown Roanoke

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Downtown Grapevine

13 Alliance Town Center Water Street

Firewheel Town Center

Brick Row

Downtown Carrollton

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Southlake Town Square

16 Eastside

11

Cypress Waters

Village At Rowlett

Preston Hollow Village

Park Lane Place

Rockwall Commons

1 Mockingbird Station Viridian Trinity River Vision West 7th

7

West Village/Cityplace 2 Victory Park 3 Trinity Groves/west Dallas 5

Deep Ellum

Main St 6 Cedars/Southside

Bishop Arts 4 District

8 Sundance Square

Lower Greenville

Arlington City Center

Magnolia Avenue

Lancaster Urban Village Duncanville Main Street Desoto Town Center

Downtown Mansfield Downtown Burleson

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16

Alliance Town Center

Southlake Town Square

Parker Square

Eastside

National large retailers compliment grocery stores, a Cinemark movie theater, casual restaurants, and three residential complexes.

The city re-created a modern old-time town square with City Hall and a post office in the center of sidewalk shopping and eating.

Newly-built, but antique-looking storefronts surround a park with a gazebo. Also home to the campus of North Central Texas College.

Next to a DART line for a downtown commute and the Telecom Corridor. Services plus a variety of dining options onsite could render you car-free.

Fort Worth

17

Southlake

18

Richardson

Flower Mound

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20

Downtown Plano

Downtown Roanoke

Cypress Waters

Downtown McKinney

Named as one of America’s best downtowns, it includes a vibrant community of urban living, arts, unique shops, and restaurants.

The town’s established Oak Street and plaza has been redesigned, but maintains the historic downtown feel.

This thousand-acre planned community sits around a 36-acre lake near Coppell. Includes one of the nation’s first “net-zero” elementary schools.

The revamped original historic town square sits in the middle of quaint shops, local restaurants, and entertainment venues.

Plano

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Roanoke

Dallas

McKinney

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LIVING & LIFESTYLE | SIGNIFICANT PROJECTS

Significant Projects The Dallas-Fort Worth region is well known for taking on very large construction projects. They range from public infrastructure projects, such as the expansion of Interstate 35 and extending and connecting regional transit systems, to the creation of entirely new business parks and mixed-use developments, to land reclamation for parks and recreational development. No matter where you travel in North Texas, largescale construction projects are underway to improve the quality of life for area residents.

1 The Southern Gateway    A $666M TxDOT-led project to rebuild I-35E/US 67 will improve safety, provide congestion relief, support traffic operations, address roadway deficiencies, and improve system linkages. The project includes a 5-acre deck park plaza adjacent to the Dallas Zoo that will enhance community connectivity and encourage economic development.

2 Downtown Dallas & Deep Ellum

The Stack

Bright Realty has received approval from the City of Lewisville to begin construction on the 140-acre Crown Centre mixed-use project. Plans call for up to 2,000 multifamily units, 3 million square feet of office space and up to 500 hotel rooms in this $1.5B effort. Crown Centre is located across the highway from another $1.5B Bright Realty mixed-use project, The Realm at Castle Hills.

AT&T Discovery District

AT&T’s $100M upgrade to its headquarters facility includes the community-facing Discovery District, activating the heart of downtown. Close by, The National, a redevelopment of the 52-story First National Bank Tower, brings 1.5 million square feet of new mixed-use activity. The East Quarter stitches the urban core with Deep Ellum offering walkable neighborhoods and new office space. The Epic tower project will house Uber’s regional office. Nearby, The Stack, is a new 16-story mixed-use project in the heart of Dallas’ premier music and restaurant district. Dallas College is also planning to build a $535 million “Education and Innovation Hub” on the southern end of downtown.

3 Globe Life Field, Texas Live!, National Medal of Honor Museum Globe Life Field, the new home of the Texas Rangers, opened for the 2020 MLB season. The 38,000-seat, retractableroof facility anchors a $2.25B mixed-use district in Arlington. TexasLive! sits adjacent to the ballpark offering shopping, eating and nightlife activities, and the new Live! by Loews sports and entertainment resort is in walking distance to the Dallas Cowboy’s AT&T Stadium, the Arlington Esports Stadium, and the newly announced National Medal of Honor Museum. An $810M Phase II will include a second Loews Arlington Hotel and 150,000 square foot convention center.

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4 Crown Centre at Castle Hills

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

5 Charles Schwab Headquarters As of Jan 1, 2021, the Charles Schwab campus in Westlake became its official corporate headquarters after relocating from San Francisco. The new 1.4 million square foot campus already houses more than 2,500 employees in phase one. Once phase two is finished, it will accommodate approximately 6,000 employees.

6 Hidden Ridge - Phase II    This innovative mixeduse project developed in partnership between Verizon and KDC is a 157-acre campus in the heart of Las Colinas. Verizon offices and Pioneer Natural Resources’ 1.1 million square foot headquarters facility anchor the development, which will ultimately feature over 3 million square feet of office space, 80,000 square feet of retail/restaurants, more than 1,000 residential units, a 200-room boutique hotel, and a dedicated Dallas Area Rapid Transit (DART) station. Phase II will house six new buildings offering 490,000 square feet of office and 30,000 square feet of retail space.

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LIVING & LIFESTYLE | SIGNIFICANT PROJECTS

●  Office Under Construction

8

●  Announced Office Projects

7

●  Industrial Under Construction ●  Announced Industrial Projects

4 5

6

2 3 1 9

Data Source: Transwestern

7 121 & Dallas North Tollway Grandscape is a $1.5B, 400+ acre project anchored by Nebraska Furniture Mart. Located in The Colony, the 3.9 million square foot Berkshire Hathaway investment will be one of the largest mixed-use developments in the country. Legacy West is a $3B mixed-use development in Plano located at the north end of Legacy West Urban Village. Recent announcements include the opening of LVL29 (29-story high rise project) and construction of a five-star, 14-story Miyako Hotel.

UNT Frisco

The Platinum Corridor in Frisco, located along the Dallas North Tollway, will be the headquarters for The PGA of America, which relocated from Florida. They plan to build a 600-acre, mixed-use development anchored by a headquarters facility. The University of North Texas will also build a 100acre campus in the area which will ultimately serve 20,000 students. The $100M project will include academic and administrative buildings, a wellness facility, student housing, and a library.

8

121 Corridor

District 121

2021

More than 900 acres are available in Allen for development of corporate campuses and mixed-use projects. The Farm, a recently-announced mixed-use development, proposes 1.6 million square feet of office, 142,000 square feet of retail, a hotel, 60,000 square feet of restaurants, and over 2,400 townhome and residential units. In McKinney, Kaizen Development Partners plans an 8-story, 200,000 square foot office building in the District 121 mixed-use development adjacent to Craig Ranch. Hub 121, a nearby entertainment development, will offer retail and restaurants in walking distance.

9 RedBird Mall The Reimagining RedBird initiative has breathed new life into a struggling urban mall in southern Dallas. The 78-acre site will include several hospitality opportunities including a 124-room hotel; vibrant office buildings; green space and family activities; and a new 150,000 square foot outpatient medical center operated by UT Southwestern.

D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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LIVING & LIFESTYLE | FUTURE PROJECTS

Future Projects For the Dallas-Fort Worth region, there is no time like the present to ensure that the bustling metro area remains an innovative, forwardthinking place for generations to come. Future developments spanning several years in planning and construction are helping to ensure that Dallas-Fort Worth is at the forefront of industry and livability. The future of the metro area is rife with innovative developments, impactful architectural feats, and continually improved design to strengthen the region’s appeal.

1

Museum Place

Crescent Real Estate plans to bring a major mixed-use development to the heart of Fort Worth’s Cultural District. Included in the development will be 175 luxury residential units, a 200room boutique hotel with a chef-driven restaurant, a rooftop lounge, and an 8,000 square foot ballroom. In addition to other tenants, the 160,000 square feet of Class A office space will be the new home for Crescent Real Estate and offices for Contango Oil & Gas.

4

DFW International Airport - Terminal F

To satisfy increasing demand, Airport officials have authorized construction of a sixth terminal, Terminal F, to host up to 30 additional gates. Combined with newly announced Terminal C improvements, the $3.5B worth of projects will employ the latest technology to improve the passenger experience. Additionally, with more than 5,200 acres available for commercial use, the Dallas Fort Worth International Airport is transforming from solely a transportation hub to a home for commerce and international business.

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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

2

Collin Creek Mall Redevelopment

Centurion American Development Group plans a $1B mixed-use redevelopment of 37-year-old shopping center off of U.S. Highway 75 in Plano. Plans call for more than 500 townhomes and houses, 3,000 apartments, 450,000 square feet of restaurants and shops, and more than one million square feet of office space. The redevelopment is expected to include almost 10 acres of park space and amenities.

5

The Central

DeLaVega Development is developing a 26-acre, $2.5 billion mixed-used development in Uptown Dallas called The Central. The proposed development would include five million square feet with an upscale multifamily tower; office space; luxury hotel; shopping, restaurants, and park; and a distribution and manufacturing cluster. The first phase would include 350,000 square feet of office space overlooking a four-acre park, and 29,000 square feet of retail and restaurant space.

3

Trinity River Corridor Project - Dallas

The Trinity River Project, covering 20 miles or approximately 10,000 acres, is an effort to redevelop the Trinity River as it runs near downtown and into southern Dallas. The project is meant to provide flood protection, as well as create numerous multi-use fields; hiking, biking, and walking trails; and other recreational opportunities. One component, the $150M Harold Simmons Park, will encompass more than 285 acres of land near the heart of downtown Dallas.

6

Dallas Midtown

Beck Ventures has broken ground on a massive 430-acre redevelopment district in North Dallas beginning with Life Time Midtown, complete with 390 residential units, a 190,000 square foot athletic club, and 50,000 square feet of coworking space. The 25-acre Park Heritage portion of Midtown will include up to two million square feet with two office towers and 300 luxury residential units, retail, entertainment, and dining. A 20-acre central Midtown Park will be the development centerpiece.

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LIVING & LIFESTYLE | FUTURE PROJECTS

2 8 6 4

5

10

7

1

9 3 7

NewPark - A Smart District & SoGood @ Cedars

8

SoGood Hoque Global and KDC are developing NewPark – A Smart District, 20 acres of contiguous blocks planned to become a major tech and educational hub adjacent to Dallas City Hall. The plan includes three to five million square feet of office space centered around a signature city park. Just south of I-30, Hoque Global will develop 15 acres of a former industrial site into a mixed-use neighborhood called SoGood @ Cedars. Anchoring the development will be an innovation center, called GSV Labs at SoGood, which will serve as an incubator for local startups, entrepreneurs, and creative firms.

9 Field Street District A new $1 billion+ skyline-changing, mixed-use project from Kaizen Development Partners, Woods Capital, and Dundon Capital will contain 1.2 million square feet of office space in two towers, two 300-unit residential towers, a hotel and 70,000 square feet of restaurants and amenity space. A new DART D2 light rail expansion train station, will be located steps away. 2021

Texas Instruments Plant

Texas Instruments plans to build a new 870,000 square foot facility on Renner Rd in Richardson. It will produce 300mm analog semiconductor wafers at the site. Upon completion, the new facility is expected to create more than 488 jobs and represent more than $3.1B in capital investment.

TI RFAB Facility

10 North End A 3.5 million square foot mixeduse development wouldd include five buildings surrounding a large public park. One of the proposed buildings would be 83 stories and would be the second tallest building in Dallas. In addition, the development would include 900 high-rise apartments and a 500-room luxury hotel. D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E

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REGIONAL MAP

Gainesville

CLAY

COOKE

MONTAGUE

JACK

WISE

DENTON Sanger

Alvord

Chico Krum Denton

Decatur Lake Bridgeport

Cro

DENTON MUNICIPAL AIRPORT

Bridgeport

Oak Po

Ponder

Runaway Bay Paradise

Corinth DISH

New Fairview Boyd

Springtown Reno

Graford Sanctuary

Rhome

Flower Mound Roanoke Trophy Club

Newark FORT WORTH ALLIANCE AIRPORT

Pecan Acres CDP Pelican Bay Eagle Mountain CDP Azle Eagle Mountain Lake

Westlake

Haslet

Lakeside Cool

PALO PINTO

Weatherford

Millsap

Grapevine

Keller

DFW INTERNATIO AIRPOR

Colleyville Watauga North Richland Hills

Saginaw

Lake Worth

Euless

Bedford

Haltom Hurst City Richland Hills

FORT WORTH MEACHAM INTERNATIONAL AIRPORT

NAS FORT WORTH JOINT RESERVE River BASE

Oaks White t Settlemen Westover Hills

Willow Park Hudson Oaks

FORT WORTH

Annetta North Annetta

Grapevine Lake Southlake

Blue Mound

Mineral Wells

Northlake

Double Oak

Aurora

Briar CDP

Hickory C Copper Canyon Highland Village Bartonville

Argyle Justin

Aledo Benbrook

Annetta South

Pantego

Arlington

Forest Hill

Edgecliff Village

Gr Pra

Dalworthington Gardens ARLINGTON MUNICIPAL AIRPORT

Kennedale Everman

PARKER TARRANT HOOD JOHNSON

Gordon

Crowley

FORT WORTH SPINKS AIRPORT

Rendon CDP

Mansfield

Burleson

Cresson

Lipan

ERATH

Briaroaks

Oak Trail Shores CDP

Cross Timber

Granbury

Godley

Joshua Venus

De Cordova Bend Keene

Alvarado

Tolar Pecan Plantation CDP

Cleburne

M

Grandview Glen Rose

Stephenville

Dublin

190

SOMERVELL

BOSQUE

Rio Vista

HILL 2020


Denison

Sherman

LAMAR

GRAYSON Pilot Point

FANNIN

COLLIN Anna

HUNT

Weston

Celina

Blue Ridge

Aubrey

DELTA

Wolfe City

Celeste

Melissa

Krugerville Commerce Prosper

oss Roads

New Hope McKinney

oint

McKINNEY NATIONAL AIRPORT

Little Elm Frisco

Shady Shores

Neylandville Princeton

Lowry Crossing

Farmersville

Campbell

Fairview Greenville

Creek Lewisville Lake

Allen

Hebron

Lewisville

Caddo Mills

Josephine

Parker

Plano

HOPKINS

Lucas

The Colony

St. Paul

Murphy

Nevada Lavon

Wylie

Lone Oak Royse City

ROCKWALL

Sachse

Richardson

Carrollton

Coppell

Addison

Garland

Farmers Branch

Lake ROCKWALL MUNICIPAL Ray AIRPORT Hubbard Rockwall

Rowlett

ONAL T DALLAS University LOVE Park FIELD

Irving

Highland Park

White Rock Lake

Union Valley

Fate

Quinlan Hawk Cove

Heath

rand airie

Mountain Creek Lake

Mesquite

DALLAS

KAUFMAN

MESQUITE METRO AIRPORT

Forney

Terrell

Balch Springs Talty

DALLAS EXECUTIVE AIRPORT

Seagoville Hutchins

Duncanville

Joe Pool Lake

Cedar Hill

RAINS

McLendonChisholm

Sunnyvale

Cockrell Hill

West Tawakoni

LancasterLANCASTERWilmer

DeSoto

REGIONAL AIRPORT

Glenn Heights

DALLAS

Ferris

Ovilla

Kaufman

Oak Grove

ELLIS

Red Oak Oak Leaf

Combine

VAN ZANDT

Oak Ridge

Post Oak Bend City

Crandall

Scurry

Pecan Hill

Midlothian

Rosser

Cottonwood Grays Prairie

Kemp

Palmer Waxahachie Mabank

Garrett

HENDERSON

Ennis

Maypearl Alma Bardwell Rice

Athens

Italy Emhouse Kerens Milford Blooming Grove Frost

Barry

NAVARRO

Goodlow

Corsicana Retreat Oak Valley

2020

Powell

Mildred Mustang Angus

Eureka Navarro

191


BB oo oo m i n g ming And, there’s still room for you. And, there’s still room for you.

Booming Progressive. Connected. Innovative. American Ideals, Work Ethic andInnovative. Deep Texas Roots Progressive. Connected. American Ideals, Work Ethic and Deep Texas Roots

Crossroads at Terrell 255-acre 600,000 SF Crossroads Power Center Retail at Terrell

Terrell Market Center Buc-ee’s SF Terrell62,000 Market Travel Center Plaza Anchors

Destination 89-acre Retail Center 255-acre 600,000 SF Buc-ee’s 62,000 SF Power Center Retail Travel Plaza Anchors Destination Shops at Terrell/89-acre Retail Center

Home Depot

Brand-name Apparel/ Shops at Terrell/ Home Improvement Home Depot Superstore Brand-name Apparel/

Historic Downtown Terrell Downtown is Home Historic to Many Longtime Downtown Terrell Businesses Downtown is Home to Many Longtime Businesses

Mike Cronin & And,there’sstill roomfor you. Airport Business MikeParks Cronin & $44,000,000 in Airport Business Business Expansions Parks

Home Improvement $44,000,000 in Superstore Business Terrell, Texas is THE ideal location for yourExpansions business

Progressive. Connected. Innovative. American Ideals, Work Ethic and Deep Texas Roots

• I-20 and U.S. 80 location gives you direct access to major ports and NAFTA corridor TexaswithIn is THEtwo ideal • Reach 93%Terrell, of the market dayslocation for your business I-20 and U.S. 80 location gives you direct access to major •• Close proximity to DFW International Airport/Dallas Loveports Fieldand NAFTA corridor •• Reach 93% of the market withIn two days sites available Closecost proximity to DFW International Airport/Dallas Love Field •• Low of occupancy; affordable Land Prices • sites available Contact RayofDunlap, PCED,affordable PresidentLand • 469-534-2719 • Ray@TerrellTexas.com • Low cost occupancy; Prices

Contact Ray Dunlap, PCED, President • 469-534-2719 • Ray@TerrellTexas.com

Crossroads

Terrell Market

Historic


Profile for Dallas Regional Chamber Publications

Dallas Regional Economic Development Guide - 2021  

A financial and logistics overview of the Dallas-Fort Worth market.

Dallas Regional Economic Development Guide - 2021  

A financial and logistics overview of the Dallas-Fort Worth market.

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