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Ponder

Oak Point

NATIONAL AIRPORT

Little Elm

Princeton

Lowry Crossing

Fa

REGIONAL ECONOMIC DEVELOPMENT GUIDE

e

DISH

New Fairview

Justin

Boyd Aurora

own Reno Sanctuary

2020

Corinth Lake Dallas Hickory CreekLewisville Argyle Lake Copper CanyonHighland Village Bartonville Double Oak Lewisville

Westlake

Haslet

Grapevine Lake Southlake

WataugaNorth Richland Hills

Saginaw Blue Mound

Colleyville

Euless

Bedford

Benbrook

Coppell

DALLAS

Farmers Branch

Irving

Mountain Creek Lake Grand Prairie

FORT WORTH SPINKS AIRPORT

Mansfield

Forney

Talt DALLAS EXECUTIVE AIRPORT

Hutchins

Crandall

Wilmer Lancaster LANCASTER

DeSoto

Combine

REGIONAL AIRPORT

Glenn Heights Ferris Red Oak Oak Leaf

S

Pecan Hill

Cott

Midlothian

Rosser

Joshua Palmer

Venus

Bend

QUE

MESQUITE METRO AIRPORT

Balch Springs

Ovilla

Burleson

Keene

McL Ch

Heath

Duncanville

Joe Pool Lake

Cedar Hill

TARRANT

Fa

Seagoville

AIRPORT

Cross Timber

L

University Park Highland Park

Cockrell Hill

Briaroaks

ecan ation CDP

Rowlett

DALLAS LOVE FIELD

ARLINGTON

Rendon CDP

Lake ROCKWALL MUNICIPAL Ray AIRPORT Hubbard Rockwall

Sunnyvale

Kennedale

Crowley

ROCKW

Garland

DALLASCHAMBER.ORG

Everman

Godley

Addison

N

Lavon

Sachse

Richardson

CarrolltonADDISON AIRPORT

ArlingtonMUNICIPAL

Forest Hill

Edgecliff Village

JOHNSON

St. Paul Wylie

Mesquite

Aledo

Cresson

Parker

Plano

Haltom Hurst City Richland Hills

Lake Worth

Pantego

ARKER

Hebron

Lucas

DFW INTERNATIONAL AIRPORT

Dalworthington Gardens

etta South

Allen

The Colony

Murphy

Grapevine

Keller

North

etta

Fairview

RoanokeTrophy Club

FORT WORTH ALLIANCE AIRPORT

River Oaks White Settlement Westover Hills

illow Park

Frisco

Flower Mound

Pecan Acres CDP Pelican Bay Eagle Mountain CDP Azle Eagle Mountain Lake

Lakeside

Northlake

Rhome

Newark

Briar CDP

Shady Shores

Waxahachie

Alvarado

Garrett Cleburne

Ennis Maypearl Alma Bardwell

Grandview

Rice Rio Vista

Italy Emhouse

Milford

HILL

Blooming Grove Frost

Barry

NAVARR Corsicana Retreat Oak Valley

Hillsboro

Musta

Angus


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


A

TEXAS DESTINATION FOR


PA I D A DV E RT I S E M E N T C

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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Lancaster is a gem hidden in North Texas. It is one of a very select few communities that enjoys a rural ambiance while being less than 15-minutes from Downtown Dallas. We have a sky as wide as the great state of Texas, where the sun shines brightly and the stars flicker crystal clear– a rarity in the region. Where else in the world can you live on an acre of land only minutes away from world-class sports, dining, and entertainment? Residents and visitors enjoy nationally known restaurants and the unique flavors of the city—Casserole Soul, Taste of Jamaica, Hickory House BBQ, Roma’s Italian Restaurant, and the legendary Lovin’ Oven Bakery. The Lancaster ISD has one of the best STEM programs in the State of Texas. Students continue their education in familiar settings as they advance to their two-year degree at Cedar Valley College and receive an advanced degree at the University of North Texas in Dallas. The community is located in between Interstates 20, 35E, and 45. DART services the community college, and rail is less than a quarter mile north of town—park and ride. Lancaster has the only southern sector airport in the region and is 20 minutes from Love Field; 35 minutes from

D A L L ADSA R L LE A GSI OECONOMIC N A L E C O NDEVELOPMENT O M I C D E V E L O PGM U EI DNET G U I D E

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Dallas Fort Worth International Airport. Go anywhere in the world! Need a ride? Uber and Lyft will pick you up. Take a deep breath of fresh air away from the city as you walk trails, go fishing in several ponds, and enjoy a stroll along the neighborhoods in downtown, established in 1852. Come enjoy two nature preserves, an indoor aquatic center, the Country View Golf Course, the Cold War Air Museum, and more—all in Lancaster. Try a stay-cation from the comfort and serenity of a home in Lancaster. Residents wake up on any given day and decide on a drive less than 15 minutes to one of ten cultural districts in the region: the largest Arts District in the United States, the nation’s largest planned nature park, a plethora of museums, the Dallas Aquarium and Zoo, the Dallas Arboretum, concerts by world renowned performers, or watch professional sports. And best of all, there’s little to no traffic to contend with, on the best side of the DFW Region. Everyone is welcomed with smiles when they come to Lancaster. Come discover and enjoy our city—you will soon call it home. Lancaster is yours to fall in love with!

CY

CMY

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www.Lancaster-Tx.com

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.

LANCASTER THE

SHINING

STAR OF TEXAS

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 the stars still flicker at night. Lancaster is recognized by Scenic City, Tree City USA, and Playful City USA, offering a variety of natural beauty and amenities to create a great place to live, learn, work, and play. Municipal Parks and Hike and Bike Trails 2 Nature Preserves: Ten Mile Creek Preserve Bear Creek Nature Park Recreation Center and Full Service Senior Life Center Indoor Aquatics Facility- 2 Story Water Slide and Lap Lanes Regional Airport Countryview Golf Course Visitor Center and State Auxiliary Museum Hometown & authentic food, art, & entertainment

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Near Cedar Valley College and UNT Dallas Award Winning Public School District- 5th Consecutive School Year All Lancaster ISD Campuses Met State’s Highest Accountability Rating l i v e . l e a r n . w o r k . p l a y

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ROCKWALL,TEXAS ROCKWALL,TEXAS

BUSINESS TESTED. BUSINESS TESTED. FAMILY APPROVED. FAMILY APPROVED. When it comes to balancing the needs of your business with the needs of your employees, nobody beats Rockwall. Not When it comes to balancing the needs of your business with only will you find plenty of available land, incentives, and the needs of your employees, nobody beats Rockwall. Not services to assist in your transition, but you’ll also find quality only will you find plenty of available land, incentives, and schools, healthcare, housing, shopping, entertainment, and services to assist in your transition, but you’ll also find quality other amenities to make your employees and their families feel schools, healthcare, housing, shopping, entertainment, and right at home. Plus, the rest of the world is always in reach with other amenities to make your employees and their families feel nearby access to highways, airports, railroads, and Dallas. Join right at home. Plus, the rest of the world is always in reach with us in Rockwall, where we’ve perfected the work-life balance. nearby access to highways, airports, railroads, and Dallas. Join us in Rockwall, where we’ve perfected the work-life balance.


ROCKWALL ROCKWALL 2019 Rockwall Information:

• •• • • • • •• •

• •

2019 Rockwall Information: #1 – Rockwall County tops the state in purchasing power #1 – Rockwall the state in purchasing power Rockwall ISD isCounty Rated tops “A” by the Texas Accountability Rating System – placing Roockwall in the top 15% of school districts Rockwall ISD is Rated “A” by the Texas Accountability Rating System – placingSF Roockwall in the top of space schooleither districts Over 1,000,000 of new industrial or15% office broke ground or opened in 2019 Over 1,000,000 SF of new industrial or office space either broke or with opened in 2019 degree or higher 43.4% ground residents a bachelor’s 43.4% residents a bachelor’s or higher Rockwall’s “all in”with property tax ratedegree of 2.0629% is one of the lowest consolidated tax rates in DFW, more Rockwall’s “all in” property tax rate of 2.0629% is than 30% lower than many surrounding communities one of the lowest consolidated tax rates in DFW, more with industrial opportunities than 30% lower than many surrounding communities with New industrial in 2020: opportunities Work to be underway on an expansion to the Rockwall Technology Park that will create 50 + acre New in 2020: Work to be underway on an expansion to contiguous lots for campus-style light industrial development the Rockwall Technology Park that will create 50 + acre contiguous lots for campus-style light industrial development

Rockwalledc.com | info@rockwalledc.com | 972-772-0025 2610 Observation Trail, Suite 104 Rockwall, Texas 75032 Rockwalledc.com | info@rockwalledc.com | 972-772-0025 2610 Observation Trail, Suite 104 Rockwall, Texas 75032


W E LCO M E TO T H E C I T Y O F DA L L A S THE URBAN CENTER OF THE COUNTRY’S MOST DYNAMIC AND DIVERSE METROPOLITAN ECONOMY, PERFECT FOR AN INCREASINGLY CONNECTED WORLD. #1 U.S. METRO FOR TALENT ATTRACTION #1 U.S. MARKET FOR LOCAL PUBLIC & PRIVATE INVESTMENT TWO AIRPORTS & FIVE MAJOR INTERSTATE HIGHWAYS HOME TO THE LARGEST TECH WORKFORCE IN TEXAS COMMITTED TO A GREEN & SUSTAINABLE CITY AFFORDABLE COST OF DOING BUSINESS

CONNECT WITH US (214) 670-1685 ecodevinfo@dallascityhall.com w w w. d a l l a s e c o d e v. o r g


COLLIN

Sanger

Anna

HUNT

Weston

Celina Aubrey

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 BlueARidge Celeste

Melissa

Krugerville

REGIONAL ECONOMIC DEVELOPMENT GUIDE

Krum

REGIONAL ECONOMIC DEVELOPMENT GUIDE Denton

Ponder

Justin

ora

Shady Shores

DISH

New Fairview

Northlake

Prosper

Cross Roads

DENTON MUNICIPAL AIRPORT

Rhome

Frisco Allen

The Colony Hebron

Lewisville

Pecan Acres CDP can Bay Eagle Mountain CDP Eagle ountain Lake

Grapevine Lake Southlake

WataugaNorth Richland Hills

Coppell

DALLAS

Addison

Colleyville

Euless

Bedford

Farmers Branch

Irving

Mountain Creek Lake Grand Prairie

Dalworthington Gardens

University Park Highland Park

Cockrell Hill

ARLINGTON

Cedar Hill

Crowley

FORT WORTH SPINKS AIRPORT

Rendon CDP

Mansfield

Michael Samples

KAUFMAN

Lance Murray

Forney

Terrell

Talty DALLAS EXECUTIVE AIRPORT

Hutchins

Associate Editor Alex Edwards Oak

Crandall

Post Oak Bend City

Ridge

Project Editor

Wilmer Lancaster LANCASTER

DeSoto

Combine

REGIONAL AIRPORT

Kaufman Sandra

Engelland

Oak Grove

Ferris

Ovilla

Media Development Manager Scurry

Red Oak Oak Leaf

Briaroaks

Lauren Hawkins

Pecan Hill

Cottonwood Rosser Grays Prairie

Midlothian

Cross Timber

Creative Director

Glenn Heights

Burleson

Joshua

Steve Reeves

Waxahachie

Alvarado

Kemp

Business Development Manager

Palmer

Venus Keene

W Tawa Hawk Cove

Balch Springs

Duncanville

Joe Pool Lake

Everman

ARRANT

quincy.preston@dmagazine.com Quinlan

Managing Editor

MESQUITE METRO AIRPORT

Seagoville

AIRPORT

Kennedale

Union Valley

Fate

McLendonChisholm

Heath

ArlingtonMUNICIPAL

Forest Hill

Lake ROCKWALL MUNICIPAL Ray AIRPORT Hubbard Rockwall

Rowlett

DALLAS LOVE FIELD

Publisher

ROCKWALL 214.523.5215

Sunnyvale

Pantego

Edgecliff Village

Nevada

Quincy Curé Preston

Garland

Mesquite

Benbrook

Lavon

DFW INTERNATIONAL AIRPORT

River Oaks White Settlement Westover Hills

SON

St. Paul Wylie

Sachse

Richardson

CarrolltonADDISON AIRPORT

Haltom Hurst City Richland Hills

Lake Worth

Caddo Mills

Josephine

Parker

Plano

Murphy

Grapevine

Keller

Saginaw Blue Mound

Exclusively Published for the Greenvilleby Dallas Regional Chamber D Magazine Partners

Royse City

Westlake

Haslet

Farmersville

Lucas

RoanokeTrophy Club

FORT WORTH ALLIANCE AIRPORT

Ney Princeton

Lowry Crossing

Fairview

Flower Mound

Newark

McKINNEY NATIONAL AIRPORT

Little Elm

Corinth Lake Dallas Hickory CreekLewisville Argyle Lake Copper CanyonHighland Village Bartonville Double Oak

New Hope

McKinney

Oak Point

214.523.5259

Garrett Cleburne

Mabank

Steve.reeves@Dmagazine.com

Ennis Maypearl

Interns

Alma

Kathryn Chavez

Bardwell

Grandview

Rice Rio Vista

Erika Fanuzzi Theophilus Bowie

Italy

Maddie Preston Emhouse Kerens Powell

Milford

HILL

Blooming Grove

Barry

Frost

NAVARRO Dallas-Fort Worth Economic Development Guide Corsicana Retreat Oak Valley

Hillsboro

Goodlow

is published for The Dallas Regional Chamber by D Magazine Partners, 750 N. St. Paul St., Ste. 2100, Mildred Dallas, TX 75201; www.dallaschamberpublications. com, 214.523.0300. ©2020 All rights reserved. Mustang Eureka may be reproduced or No part of this publication Angus reprinted without written permission. Neither the Navarro 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.

FREESTO

On The Cover:

The Traveling Man — Waiting on a Train, a public art piece created by Brad Oldham Sculpture, is located near DART’s Deep Ellum rail station.

For reprints and bulk copies, call 214.523.5215.

Illustration by Michael Samples.

12 12

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

2019


Bringing growth to market. Located just 12 miles from Downtown Dallas, Mesquite is a hotspot of economic growth in North Texas. Mesquite boasts a diverse and growing community of businesses, from manufacturing and logistics, to retail and small business. And it’s all supported by a talented, solid workforce that continues to grow alongside the dynamic DFW region.

CITY OF MESQUITE OFFICE OF ECONOMIC DEVELOPMENT MesquiteEcoDev.com 972-216-6340


REGIONAL ECONOMIC DEVELOPMENT GUIDE

Contents 18 Dallas Regional Chamber

91 Industry

145 Costs & Incentives

Accolades . . . . . . . . . . . . . . . . . . . . . . . 18

Industry Diversity . . . . . . . . . . . . . . . . . 92

Cost of Doing Business . . . . . . . . . . . 146

Building Tomorrow Together . . . . . . .20

Advanced Services. . . . . . . . . . . . . . . .94

Wages and Salaries . . . . . . . . . . . . . . 148

Top Investors . . . . . . . . . . . . . . . . . . . . . 22

Manufacturing . . . . . . . . . . . . . . . . . . . .96

Utilities - Electricity . . . . . . . . . . . . . . . 150

Economic Development Services . . . 24

Financial Activities . . . . . . . . . . . . . . . .98

DFW Marketing Team . . . . . . . . . . . . . . 26

High Tech . . . . . . . . . . . . . . . . . . . . . . .100

Utilities - Water, Sewer, Gas, and Telecommunications . . . . . . . . . 152

Economic Development Allies . . . . . . 28

Health Care . . . . . . . . . . . . . . . . . . . . . 102 Life Sciences . . . . . . . . . . . . . . . . . . . . 104

33 Connectivity

Aviation and Aerospace . . . . . . . . . . . 106

The Dallas-Fort Worth Region . . . . . . .34

Hospitality . . . . . . . . . . . . . . . . . . . . . . 108

Location . . . . . . . . . . . . . . . . . . . . . . . . .36

Logistics . . . . . . . . . . . . . . . . . . . . . . . . 110

Dallas Fort Worth International Airport and Dallas Love Field . . . . . . . 38

Taxes and Union Activity . . . . . . . . . . 154 Real Estate - Office . . . . . . . . . . . . . . . 156 Real Estate - Industrial . . . . . . . . . . . . 158 Real Estate - Retail . . . . . . . . . . . . . . . 160 Corporate Business Climate . . . . . . . 162 Opportunity Zones . . . . . . . . . . . . . . . 164

113 Business & Economy

State and Local Incentives . . . . . . . . 166

Transportation Infrastructure . . . . . . . 42

Major Companies and Headquarters . . . . . . . . . . . . . . . . 114

171 Living & Lifestyle

Public Transit . . . . . . . . . . . . . . . . . . . . .44

Top Employers. . . . . . . . . . . . . . . . . . . 116

Cost of Living . . . . . . . . . . . . . . . . . . . 172

Regional Veloweb . . . . . . . . . . . . . . . . .46

Fortune 1000. . . . . . . . . . . . . . . . . . . . 118

Market Tapestry . . . . . . . . . . . . . . . . . 174

Mobility 2045 . . . . . . . . . . . . . . . . . . . .48

Major Headquarter Relocations . . . . 120

Housing Costs and Choices . . . . . . . 176

High Tech Travel . . . . . . . . . . . . . . . . . .50

Recent Expansions and Relocations . . . . . . . . . . . . . . . . . 122

Schools - Public Education . . . . . . . . 182

Nonstop Flight Times . . . . . . . . . . . . . .40

Digital Infrastructure . . . . . . . . . . . . . . 52

55 Talent Regional Population . . . . . . . . . . . . . . . 56 Demographics. . . . . . . . . . . . . . . . . . . . 58 Migration . . . . . . . . . . . . . . . . . . . . . . . .60 Labor Supply . . . . . . . . . . . . . . . . . . . . .64 Commuting Patterns . . . . . . . . . . . . . .66 Drive Times . . . . . . . . . . . . . . . . . . . . . .68 Worker Place of Residence . . . . . . . . . 70

Small Business . . . . . . . . . . . . . . . . . . 124 International Companies . . . . . . . . . . 126 Foreign Direct Investment . . . . . . . . . 128 Global Trade . . . . . . . . . . . . . . . . . . . . 130

133 Innovation The Innovation Ecosystem. . . . . . . . . 134 Innovation Districts. . . . . . . . . . . . . . . 137 Centers of Excellence . . . . . . . . . . . . 140

Schools - Private Education. . . . . . . . 184 Arts, Culture, and Entertainment . . . 186 Parks and Recreation . . . . . . . . . . . . . 188 Live-Work-Play . . . . . . . . . . . . . . . . . . . 190 Significant Projects . . . . . . . . . . . . . . 192 Future Projects . . . . . . . . . . . . . . . . . . 194 Regional Map. . . . . . . . . . . . . . . . . . . . 196 Advertiser Index . . . . . . . . . . . . . . . . . 198

Skills Development . . . . . . . . . . . . . . . .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

2020


Breaking Ground and Reaching New Heights in Cedar Hill, Texas Towering above the Metroplex at 880 feet, Cedar Hill is the highest elevation from here to the Gulf of Mexico. Add this feature to the beautiful, rare environment and it’s the place businesses continue choosing to call home. A variety of companies are capturing strong dividends on opportunities throughout the city and partners in progress continue pioneering its future. Saddle up and let’s get started on your next big project.

www.cedarhilledc.com


DALLAS REGIONAL CHAMBER | WELCOME

Welcome

A letter from the Dallas Regional Chamber

There’s no better place to be than the Dallas Region and no better time to be here. This guide will tell the definitive story of our economic prowess, unmatched by any metro in the country. Dale Petroskey Our economy is boomPresident and Chief Executive Officer ing and our business comDallas Regional Chamber munity is thriving. Since 2010, the Dallas Region has added more than one million new residents— growth fueled by the addition of more than 140 corporate headquarters relocations, hundreds of local company expansions, and the creation of 950,000 new jobs. In 2019, the Dallas-Fort Worth metro area once again led the country in new job creation with 127,000 added, 30,000 more jobs than No. 2 New York City. Consider this—there were 47 states that didn’t create as many jobs as were created in our metro area last year. That’s an astounding fact. And it’s a trend. Dallas-Fort Worth is home to 24 Fortune 500 companies, and will soon add another, following Charles Schwab’s November 2019 announcement that it will move its headquarters to North Texas. We are the only U.S. market that boasts three Fortune 10 companies (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 a prime 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 firsthand, 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. The Dallas Region has become a magnet for companies and people seeking good jobs, good lives, and prosperous futures. Our region has grown to become the fourth-largest metro area in the nation, with more than 7.5 million people living in the cities and suburbs in and between Dallas and Fort Worth. Our community has also evolved into a thriving, growing, diverse metropolitan area. This has not happened by accident or by coincidence. Aside

16

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

from our prime geographic 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. We’ve kept Texas an incometax-free state, allowing 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 this 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 home-grown 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. Our goal is make sure highly skilled workers know about the great quality of life we enjoy here, and that it’s a great place for career advancement, as well as a great place to live and raise a family. The 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 on issues such as our need for more roads, renewable water sources, and more and better infrastructure. As our region continues to expand and prosper, it’s important that we 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, 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 to live, work, and do business.

2020 CHAIR OF THE BOARD John Olajide President & CEO Axxess President & CEO Dale Petroskey Chief Operating Officer & Chief Financial Officer Angela Farley Economic Development, Senior Vice President Mike Rosa Economic Development & International Engagement, Senior Vice President Sarah Carabias-Rush Research and Innovation, Senior Vice President Duane Dankesreiter Talent Attraction, Senior Vice President Jessica Heer Membership and Revenue Growth, Vice President Meghan Kelley Wehner Member Services, Senior Vice President Jennifer A. Schmiel Communications, Marketing, & Events, Senior Vice President Scott Goldstein Education and Workforce, Senior Vice President Drex Owusu

2020


@APImages

@alexandra.holmen

@SoccerHOF

SEE YOURSELF IN FRISCO

Imagine living and working in Frisco, Texas. It’s 25 miles from DFW International Airport and downtown Dallas, and eight professional 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 # 1

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 world 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. Key metrics tracked by the Federal Reserve Bank of Dallas, which measures economic indicators throughout 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 (127,600 jobs) in the country for percent job growth (3.4% growth)

5

December 2018 - December 2019

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

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

Global 500 Companies Fortune, 2019 Fastest Growing Economies Forbes, 2019 Fortune 500 Companies 3rd most in the nation among metros

Brian Tyler Chief Executive Officer

“Dallas was the first city in Texas to offer the Uber app...and has since become a hub of innovation for our platform.”

Dara Khosrowshahi

Chief Executive Officer

15 Consecutive Years

3 3 18

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

“We really see this [Dallas office] as the spine to support all of our global offices and operations across the world.”

Chris Miller

Senior Manager of Public Policy

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.

2020


2019 Most Innovative Cities in the World

Scott McPherson CEO, Core-Mark

J.D. Power

Top 10

Hottest Startup Cities in America, 2019 Inc. Magazine

2

Top Esports Orgs in the world are located in DFW Complexity Gaming Team Envy

96.0

Moody’s

155.9

Top 100

List of the largest green power users within EPA’s Green Power Partnership Participant Rank 1. Google 2. Microsoft 3. Intel 17. City of Dallas (#2 among all cities) 25. DFW International Airport 85. University of North Texas (#13 among all universities)

Three Research 1 Universities

The DFW region adds

361 New Residents each day

41%

Natural Increase

59%

Net-migration

U.S. Census, 2017-2018

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

"[Dallas possesses a] unique blend of the hospitality of the South, that pioneer spirit of the West and the values that I remember growing up as a child in the Midwest ... employees who relocated [from California] have enjoyed North Texas’ quality of life...and their shorter commutes mean more free time with family and getting involved in the community.”

2020

The cost of doing business is 4% lower in Dallas than the national average.

Dallas

2

Airport Satisfaction

U.S. Average 100

#

174.0

Airports Council International

“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.”

9

2020 Milken Institute

2nd Year in a Row

San Francisco

1

Customer Service

#

2thinknow

Chief Executive Officer

#

Best Performing Cities - Dallas

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.”

Jim Lentz

Chief Executive Officer Toyota North America, Inc.

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

19


DALLAS REGIONAL CHAMBER | BUILDING TOMORROW TOGETHER

Building Tomorrow Together The Dallas Regional Chamber’s five-year strategic plan, known as Building Tomorrow Together, is designed to capitalize on recent successes, while addressing new challenges and taking advantage of new opportunities. The DRC is deeply invested in strengthening the region and its vibrant business community. Our plan is based on three core priorities: increasing economic growth, creating the best possible quality of life to attract the best and brightest workers from around the world, and strengthening the local talent pipeline for all students from pre-K through higher education. We work with hundreds of member companies and regional partners to advocate for progrowth public policies that will achieve these priorities and strategically manage our region’s continued growth. Through our work in economic development and public policy, Dallas-Fort Worth has become a shining example to the country for business opportunities, corporate relocations, and job growth. With our strong momentum and a plan to build on our recent success in the years ahead, there is no better time to join the DRC.

20

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Economic Development

Talent Attraction

In partnership with our regional allies, the DRC will continue its work to attract companies to move here and create new jobs. With an increased focus on international opportunities, we will work to raise our region’s international profile, and we will continue to help drive a burgeoning culture of innovation and entrepreneurship.

The Dallas Regional Chamber created a new Talent Attraction department to lead a national marketing and outreach campaign to showcase Dallas as a great place to start or continue a career, to raise a family, and to experience a high quality of life in one of the most vibrant and affordable markets in the nation.

2020


Find the perfect spot in DFW

Education & Workforce The interests of local students and the business community are directly aligned: Improving educational outcomes for local students creates better career options for them. The DRC works to improve education at all levels—early childhood, K-12, and higher education—so every student has a better opportunity to find a good job that leads to a good life.

Public Policy Public policy is the foundation of all we do at the DRC. We work with our member companies and regional partners to strengthen our business community by advocating for pro-growth public policies, improving the educational system at every level, and creating a high quality of life to attract and retain the best and brightest workers from around the world. Our goal is to make Dallas the best place in America to live, work, and do business.

Denton Economic Development Partnership

www.dentonedp.com

414 W PARKWAY, DENTON, TX 76201 | 940-382-7151

2020

■ MORE THAN 800 ACRES FOR CORPORATE DEVELOPMENT ■ LOCATED AT THE APEX OF THE DALLAS-FORT WORTH METROPLEX ■ TWO UNIVERSITIES WITH MORE THAN 50,000 STUDENTS ■ CLOSE PROXIMITY TO DFW, DALLAS LOVE AND ALLIANCE AIRPORTS ■ MUNICIPALLY OWNED UTILITY (DME) AND AIRPORT (DTO) ■ NATIONALLY RECOGNIZED HIGH TECH HOT SPOT

Come. Sit. Stay. Live. Work. Play.

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

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

21


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 7-Eleven, Inc. A G Hill Partners LLC Accenture Acme Brick Company Active Network AECOM Aimbridge Hospitality Alaska Airlines AlixPartners LLP Alkami Technology Allegiance Title Company Allie Beth Allman & Associates Alston & Bird LLP Altair Global Amegy Bank of Texas Amerant Bank, N.A. American Airlines, Inc. American Heart Association, Dallas Division American National Bank of Texas AMN Healthcare Andres Construction Services Andrews Distributing Company of North Texas Aon Arcosa Armstrong Relocation Ashford Hospitality Trust, Inc Associa At Home AT&T Atmos Energy Corporation Atos IT Solutions & Services Audi of America, LLC Austin College Austin Industries AustinCSI AvreaFoster Axxess Bain & Company, Inc. Baker & McKenzie, LLP Baker Botts L.L.P. Balfour Beatty Bank of America Bank of Texas Barnes & Thornburg Baylor Scott & White Health BBVA Bell Flight Bell Nunnally

22

BGSF Big 12 Conference Billingsley Company BKD LLP bkm Total Office of Texas BLNelson Group LLC Blue Cross and Blue Shield of Texas Boeing BOKA Powell Borden Dairy Company Bottle Rocket Brasfield & Gorrie Brierley+Partners Briggs Freeman Sotheby’s International Realty Brinker International, Inc. Business Jet Center Business Wise, Inc. BuzzBallz/Southern Champion Capital One Bank Carrington, Coleman, Sloman & Blumenthal, L.L.P. Cawley Partners CBRE Group, Inc. Centurion American Development Group CENTURY 21 Judge Fite Company Champion Partners Cherry Petersen Landry Albert LLP Chickasaw Nation Children’s Health CHRISTUS Health CHRO Partners CiCi Enterprises, LP Cinemark Holdings (Cinemark USA, Inc.) Cisco Systems Citi City Electric Supply Clark Hill Strasburger Cleaver-Brooks Sales and Service ClubCorp USA, Inc. Coca-Cola Southwest Beverages Colliers International Comerica Bank Commemorative Air Force Comprehensive Finance Inc Copart Corgan Corinth Properties

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Corrigan Investments, Inc. CP&Y, Inc. CRIADO Crow Holdings Crowe LLP CSRS CyrusOne Dallas Baptist University Dallas Business Journal - Local Business News Dallas County Community College District Dallas Cowboys Football Club Ltd. Dallas Mavericks Dallas Stars Hockey Club Dallas Summer Musicals Dal-Tile Corporation Dannenbaum Engineering Corporation De La Vega Development DeGolyer and MacNaughton Deloitte LLP DENSO Products and Services Americas, Inc. DFW International Airport DHD Films Diodes Inc. DLR Group | Staffelbach Dorsey & Whitney LLP E Smith Legacy Holdings EarthX Ebby Halliday Real Estate, Inc. Egan Nelson LLP EMR Gold Recycling LLC Eric Affeldt Ernst & Young LLP Estrada Hinojosa & Company, Inc. Ewing Automotive Group Exxon Mobil Corporation Faegre Drinker FASTSIGNS - Northeast Dallas FedEx Office Fidelity Investments Financial Additions Fluor Corporation Headquarters Foley Gardere LLP Fox Sports Southwest Freese and Nichols, Inc. Frito-Lay North America Frost Bank

Frost Brown Todd LLC Furniture Marketing Group G6 Hospitality LLC Gaedeke Group George W Bush Foundation Gibson Dunn & Crutcher LLP Globe Life Goldman Sachs & Co, LLC Granite Properties Grant Thornton LLP Green Brick Partners Gulfstream Aerospace Corporation Gupta & Associates Inc. Hall Group Harness Dickey & Pierce Hawthorne Family Fund Haynes and Boone, LLP H-E-B/Central Market Hedera Hashgraph Hill & Wilkinson General Contractors Hill+Knowlton Strategies Hillwood Development Company, LLC Hilti North America Hilton Anatole Hines Interests LP HKS Inc. HMS HNTB Corporation Hoar Program Management, LLC HOK HollyFrontier Corporation Holmes Murphy HOLT CAT Howard Hughes Corporation HPI Real Estate Services & Investments/Ross Tower HR&A Advisors HSBC Bank USA HUB International Insurance Services Hudson Peters Commercial LLC Hunt Consolidated, Inc./Hunt Oil Company Husch Blackwell LLP IBC Bank IBM Corporation Independent Financial Interceramic International Leadership of Texas 2020


2020

Agency LLC company Microsoft Corporation Mohr Partners, Inc. Munck Wilson Mandala LLP MV Transportation, Inc. NEC Corporation of America Networking Results Inc. Nicholas Residential Norton Rose Fulbright NTT DATA Inc. Omni Dallas Hotel Omniplan, Inc. Omnitracs, LLC Oncor Options Clearing Corporation Origin Bank ORIX Corporation USA OYO Hotels and Homes Pacific Builders Pape-Dawson Parkland Foundation Parkland Health and Hospital System Paul Quinn College Paycom Penske Motor Group Perkins and Will Perkins Coie LLP Pierpont Communication PlainsCapital Bank PNC Point B Polsinelli Preferred Freezer Services Premier Truck Group Prime 45 Development LLC PRSA Dallas - Public Relations Society of America PSA Constructors, Inc. PureFlow Inc. PwC Qatar Airways Raytheon Company RealCom Solutions Regions Bank Reimagine RedBird Reliant, an NRG Company Rent-A-Center Rogge Dunn Group RSM US LLP Ryan LLC Santander Consumer USA Scheef & Stone, LLP SCHMIDT & STACY Consulting Engineers, Inc. Scovell Family Foundation Sendero Sewell Automotive Companies Shackelford, Bowen, McKinley & Norton LLP

Sheppard Mullin Sheraton Dallas Showcall Sidley Austin LLP Silicon Valley Bank Simmons Bank Slalom Smoothie King Soniks Consulting Services Southern Glazer’s Wine and Spirits Southern Methodist University Southwest Airlines Southwest Office Systems, Inc. Spectra Spectrum Enterprise Squire Patton Boggs St. Mark’s School of Texas Stantec Steinhart Family Advised Fund Stinson Leonard Street Stout Suffolk Construction Sumitomo Mitsui Banking Corporation SMBC Talent Suite Target Headquarters TBK Bank TD Ameritrade TDIndustries TDJ Enterprises Team One Teladoc Telios Tenet Healthcare Texans Can Academies Texas A&M University Texas Capital Bank Texas Central Texas Health Aetna Texas Health Resources Texas Instruments Texas Mutual Insurance Company Texas Scottish Rite Hospital for Children Texas Woman’s University Texas Women’s Foundation The Beck Group The Boston Consulting Group The Brierley Group LLC The Brinkmann Corporation The Broaddus Companies The Commit Partnership The Crowther Group The Dallas Morning News The Edelman Group The Episcopal School of Dallas The Fairmont Hotel The Freeman Company, LLC

The Kroger Co. The Parvin Group The University of Texas at Arlington Thompson Coe Thomson Reuters Thryv TIAA T-Mobile US Inc Tom Thumb - Albertsons Topgolf Entertainment Group Town of Addison Toyota Motor North America TracyLocke Transwestern

DALLAS REGIONAL CHAMBER | TOP INVESTORS

Invesco Real Estate Invitation Homes Jackson Spalding Jackson Walker LLP Jacobs Engineering Group Inc. JBJ Management JE Dunn Construction Jim Ross Law Group PC JLL JLL Capital Markets Jones Day JPMorgan Chase & Co. Kane Russell Coleman & Logan PC KDC Real Estate Development & Investments Ketchum Public Relations Kilpatrick Townsend & Stockton LLP Kimberly-Clark Corporation Kimley-Horn and Associates Kirkland & Ellis Kosmos Energy LLC KPMG LLP Kubota Tractor Corporation L.A. Fuess Partners Structural Engineers Lancaster Economic Development Corporation Prosperity Bank Life School of Dallas Linebarger Goggan Blair & Sampson, LLP Littler Mendelson, P.C. Live Nation Locke Lord LLP Lockheed Martin Lockwood, Andrews & Newnam, Inc. Lyco Holdings Lyft Inc Lynn Pinker Cox & Hurst, LLP M2 Studio MAPP Mary Kay Inc. Mbroh Engineering, Inc McCarthy Building Companies, Inc. McGinnis Lochridge McGlinchey Stafford McGough Construction McGuire, Craddock & Strother, PC McGuireWoods LLP McKissack & McKissack McKool Smith McLarty Capital Partners McRight-Smith Construction Medical City Dallas Hospital/ Medical City Children’s Hospital Methodist Health System MHBT, a Marsh & McLennan

Travelers Insurance Company Trellise LLC Trinity Groves, LLC Trinity Industries, Inc. Trinity Park Conservancy Truist Turner Construction Company TXU Energy Uber Technologies, Inc. UBS Realty Investors LLC UMB Bank N. A. UnitedHealthcare University of North Texas at Dallas University of North Texas System University of Texas at Dallas USAA UT Southwestern Medical Center Vari Veritex Holdings Verizon Wireless South Central HQ Volunteers of America Texas Vox Global Weaver Weber Shandwick Weil, Gotshal & Manges LLP Weitzman Wells Fargo West Monroe Partners LLC WFAA-TV Whitebox Real Estate Whiting-Turner Contracting Company Whitley Penn Willis Towers Watson Winstead PC Women’s Foodservice Forum Zinwave

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

23


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.

Economic Development The Dallas Regional Chamber serves as a single point of contact for companies, site selection consultants, and corporate real estate executives examining the region.

SERVICES ■ Supplying regional data and information

Mike Rosa

Sarah Carabias-Rush

Gloria Salinas

Patricia Blasquez

Kevin Shatley

Jeremiah Anderson

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

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

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

■ Identifying sites and buildings ■ Compiling state and local incentives ■ Coordinating with area cities and counties ■ Hosting corporate and consultant visits to the region ■ Assisting employees and families moving to the region

Director 214-746-6651 pblasquez@dallaschamber.org

Director 214-746-6641 kshatley@dallaschamber.org

Manager 214.746.6631 janderson@dallaschamber.org

Elizabeth Thompson

Manager 214.746.6730 ethompson@dallaschamber.org

24

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2020


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 ■ 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, and other strategic initiatives. ■ 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

■ 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

Grow Your Business in Duncanville!

Eric Griffin

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

Natalie Pazera

Director 214-746-6619 npazera@dallaschamber.org

Mario Castaneda

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

Dave Moore

If you are looking for the ideal location to do business … look no further than Duncanville … a community where you will find a wealth of business opportunities. Duncanville provides business owners and business professionals with the tools they need to succeed. When it comes to geographic location, a qualified employment base, aggressive incentive programs, and a mature infrastructure system ― no other community delivers like Duncanville. n

n

n

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

Duncanville Community and Economic Development Corporation 972.780.4997 DuncanvilleEDC.com

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

2020

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2 52 5


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

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

■ Mixed-use developments

■ Distribution facilities

■ Residential land

■ Corporate headquarters

■ Transit-oriented developments

■ Retail

■ Tourism sites

■ Call centers

■ Airport properties

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

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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2020


When it comes to bringing ideas to life, we don’t play around.

Jonathon Oudthone President Esports Stadium Arlington

Arlington. Rapid development through hands-on partnership. In Arlington, we work fast. Take Jonathon Oudthone—a man with a vision for the country’s largest esports stadium. When the idea came to us, we helped open the doors to the future in 11 months flat. See all that Arlington can do for 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 region by maintaining relationships with more than 120 key local community allies.

Kevin Shatley Director, Economic Development (214) 746-6641

CELINA EDC

Jeremiah Anderson Manager, Economic Development 214-746-6631

ATHENS EDC Joan Ahlers EDC Director (903) 675-5131

Wilson Kerr Economic Development Manager (972) 450-7080

Karen Dickson Economic Development Director (817) 444-7076

Alexis Jackson Director of Economic Development (972) 382-8949

Susie Hiles Assistant to the City Manager (817) 444-2541

Jerry Cash Executive Director (817) 645-8644

BALCH SPRINGS, CITY OF

COLLEYVILLE, CITY OF

Chris Dyser Community Development Director (972) 286-4477

Mark Wood Assistant City Manager (817) 503-1117

Effie Donaldson ED Admin. Services Manager (972) 286-4477

Mindi Hurley Director of Community Development (972) 304-3677

ALEDO EDC Ken Pfeifer 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 Wayne Emerson Analyst (972) 727-0253 Eileen Gonzales Marketing Director (972) 727-0228

AZLE, CITY OF

BEDFORD, CITY OF Bill Syblon Director of Development (817) 952-2175 Audrey Thorne Economic Development Analyst (817) 952-2129

ALVARADO, CITY OF

BENBROOK, CITY OF

Emile Moline Economic Development Director (817) 790-3351

Cathy Morris BEDC & Marketing Director (817) 249-6090

ANNA, CITY OF Ashley Stathatos Chief Administrative Officer, Anna EDC (972) 924-2409 Joey Grisham EDC Director (214) 831-5394 ARGYLE, TOWN OF David Hawkins Director of Community Development (940) 646-7273 ARLINGTON, CITY OF Bruce Payne Economic Development Director (817) 459-6114 Marcus Young Economic Development Specialist (817) 459-6117 Brittany Sotelo Economic Development Coordinator (817) 459-6155

28

Louis Castillo Executive Development Specialist (972) 291-5132

ADDISON, TOWN OF Orlando Campos Director, Economic Development & Tourism (972) 450-7034

BRIDGEPORT, CITY OF Leah Clark Executive Assistant (940) 683-3490 BURLESON, CITY OF Alex Philips Economic Development Manager (817) 426-9613 CARROLLTON, CITY OF Robert Winningham Economic Development Director (972) 466-3299 Chris Szymczyk Economic Development Specialist (972) 466-5741 CEDAR HILL EDC Kim M. Buttram, CEcD Economic Development Director (972) 291-5132 Andy Buffington Marketing and Research Manager (972) 291-5132

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

CLEBURNE EDF, INC.

COPPELL, CITY OF

CORINTH EDC Jason Alexander Executive Director (940) 498-3295 CORSICANA, CITY OF

Elizabeth Thompson Coordinator, Economic Development (214) 746-6730 Patricia Blasquez Director of Marketing & Communications (214) 746-6600 Duane Dankesreiter Senior Vice President, Research & Innovation (214) 746-6772 Eric Griffin Managing Director, Research & Innovation (214) 746-6688 Mario Castaneda Research Analyst (214) 746-6616 DALLAS, CITY OF

Connie Standridge City Manager (903) 654-4803

Courtney Pogue Director, Office of Economic Development (214) 670-1696

John Boswell Economic Development Director (903) 654-4806

Robin Bentley Assistant Director, Office of Economic Development (214) 671-9942

CRANDALL EDC Casey Bingham Director of Economic Development (830) 833-5300 James Stroman Board President (972) 427-8300 DALLAS COUNTY Rick Loessberg Director of Planning & Development (214) 653-7601 DALLAS REGIONAL CHAMBER Mike Rosa Senior Vice President, Economic Development (214) 746-6735 Sarah Carabias-Rush Senior Vice President, Economic Development & International Engagement (214) 746-6750 Gloria Salinas Managing Director, Economic Development (214) 746-6702

David Schleg Senior Coordinator (214) 671-9824 DALLAS FORT WORTH INTERNATIONAL AIRPORT John Brookby Assistant Vice President, Commercial Development (972) 973-4660 DECATUR EDC Thom Lambert Executive Director (866) 627-9109 Barbara Metcalf Executive Administrative Assistant (940) 393-0354 DENISON DEVELOPMENT ALLIANCE Tony Kaai President (903) 464-0883 Loretta Rhoden Vice President of Operations (903) 464-0883 William Myers Vice President (903) 464-0883

DENTON COUNTY Michael Talley Rogers Director of Economic Development (940) 349-3010 DENTON ECONOMIC DEVELOPMENT PARTNERSHIP Charlie Dromgoole Vice President, Economic Development (940) 735-3306 Tera Carlson Administrative Assistant (940) 382-7151 Erica Pangburn President, Denton Chamber of Commerce, (940) 315-9101 DENTON, CITY OF Jessica Rogers Director of Economic Development (940) 349-7531 Christina Davis Economic Development Specialist (940) 349-7730 DESOTO EDC Jow Newman CEO (972) 230-9611-6616 Vanessa Barrios Research & Business Development Manager (972) 230-9611 DUNCANVILLE, CITY OF Jessica James Director of Economic Development (972) 780-4997 Kevin Hugman City Manager (972) 780-5003 ENNIS, CITY OF Marty Nelson Director of Economic Development (972) 921-4794 EULESS, CITY OF Mike Collins Director, Planning & Economic Development (817) 685-1684 EVERMAN, CITY OF Michael Nicoletti Director, Economic Development (817) 293-0525 Michael Box City Manager (817) 293-0525

2020


Shannon Craft Event/Marketing Specialist (972) 886-4227 FARMERS BRANCH, CITY OF Allison Cook Director of Economic Development (972) 919-2507 John Land Deputy City Manager (972) 919-2512 Stephanie Hall Economic Development Assistant (972) 919-2509 FARMERSVILLE, CITY OF Kevin Meguire Chairman (972) 782-6151 Ben White City Manager/Public Works Director (972) 782-6151 Daphne Hamlin FEDC Administrator (972) 782-6151 FATE, CITY OF Justin Weiss Assitant City Manager, Economic and Community Development (972) 771-4601 FLOWER MOUND, TOWN OF Andrea Roy Director of Economic Development (972) 874-6045 Jimmy Stathatos Town Manager (972) 874-6089 FORNEY EDC Warren Ketteman Executive Director (972) 564-7376 Stewart McGregor Economic Development Specialist (972) 564-7377 Mary Wilson Administrative Assistant (972) 564-5808 FORT WORTH CHAMBER OF COMMERCE Brandom Gengelbach President (817) 336-2491 Chris Strayer Executive Vice President Economic Development (817) 338-3305 Sara Bass Project Management Director - Business Attraction, Retention & Expansion (817) 338-3392

2020

FORT WORTH, CITY OF Robert Sturns Director of Economic Development (817) 392-2663 Brenda Hicks-Sorensen Assistant Director, Economic Development Department (817) 392-2606 Elise S. Back Economic Development Manager (817) 392-2608 FRISCO EDC Ron Patterson President (972) 292-5160 John Bonnot Director of Economic Development (972) 292-5143 Harry Whalen Director of Business Development (972) 292-5156 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 Veronica Traupman Office Manager (972) 292-5145 GAINESVILLE EDC Debbie Faulkner Economic Development Specialist (940) 665-5241 Kelsey Hawkins Economic Development Specialist (940) 665-5241 GARLAND CHAMBER OF COMMERCE Diane Whitlock Economic Development Assistant (469) 326-7447 GARLAND, CITY OF David Gwin Director, Economic Development (972) 205-2462 Armando Gallardo Department Coordinator II (972) 205-3800 Ayako Schuster Business Development Manager (972) 205-3818 GRANBURY CHAMBER OF COMMERCE Shea Hopkins Vice President of Economic Development (817) 573-1622

GRANBURY, CITY OF Chris Coffman City Manager (817) 573-1114 Scott Sopchak Planning Director (817) 573-1114 Sarah Tucker-Osborn Executive Assistant to the City Manager (817) 573-1114 GRAND PRAIRIE, CITY OF Marty Wieder Director of Economic Development (972) 237-8081 Rita Heep Business Manager (Redevelopment/Main Street) (972) 237-8000 Terry Jones Business Manager (Industrial Projects) (972) 237-8020 GRAPEVINE, CITY OF Bob Farley Economic Development Manager (817) 410-3108 Dan Truex City Manager’s Office (817) 410-3153 Garin Giacomarro Economic Development Manager (817) 410-3382 GREATER IRVING-LAS COLINAS CHAMBER OF COMMERCE Chris O’Brien Director of Economic Development (214) 217-8484 GREENVILLE BOARD OF DEVELOPMENT Greg Sims President/CEO (903) 455-1197 Barbara Carter Executive Assistant (903) 455-1197 John Dickson Director of Business Development/Retention (903) 455-1197 GUNTER, CITY OF Jessica Perkins Assistant City Manager (903) 433-5185 HALTOM CITY, CITY OF Rex Phelps City Manager (817) 222-7733 Sidonna Foust Assistant City Manager (817) 222-7733 HEB ECONOMIC DEVELOPMENT FOUNDATION Mary Frazior Director (817) 540-1053

HIGHLAND VILLAGE, CITY OF Autumn Aman Community Development (972) 899-5093 Michael Leavitt City Manager (972) 899-5131

Pamela Mundo Executive Director (214) 773-0966 LEWISVILLE, CITY OF Jason Moore Economic Development Manager (972) 219-3482

HURST, CITY OF

LITTLE ELM EDC

Steve Bowden Executive Director, Economic Development (817) 788-7025

Jennette Espinosa Executive Director (903) 217-2740

HUTCHINS EDC Guy Brown Executive Director (972) 225-4449 JOHNSON COUNTY ECONOMIC DEVELOPMENT COMMISSION Diana Miller Executive Director (817) 556-6985 JUSTIN EDC Shani Inhfeldt Executive Director (940) 648-3800 KAUFMAN EDC Lee Ayres Executive Director (972) 932-5332 KEENE, CITY OF Landis Adams Economic Development Director (817) 641-3336 William Guinn City Administrator (817) 641-3336 KELLER, CITY OF Trina Zais Director of Public Services and Economic Development (817) 743-4009 Mark Hafner City Manager (817) 743-4020 Mary Meier Economic Development Coordinator (817) 743-4021 KEMP EDC Karla Dunson EDC Coordinator (903) 498-3191 KENNEDALE EDC George Campbell Executive Director (817) 985-2102 LANCASTER, CITY OF Shane Shepard Director of Economic Development (972) 218-1314 LAVON EDC Kay Wright President (469) 867-9258 Micki Hollien Administrative Assistant (818) 640-4602

MANSFIELD EDC Richard Nevins Director Economic Development (817) 728-3652 MCKINNEY EDC Peter Tokar President & CEO (972) 547-7687 Abby Liu Executive Vice President (972) 547-7688 Danny Chavez Senior Vice President (972) 574-7659 Madison Clark Project Manager (972) 547-1083

DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES

FAIRVIEW, TOWN OF Dave Quinn Interim Director (469) 408-7886

John Valencia Director, Bus. Retention, Expansion, Emerging Tech (972) 562-5430 Geneva Aragon Director of Marketing and Research (972) 547-1082 Michael DePaoloa Technology & Infrastructure Specialist (972) 547-1084 MELISSA, CITY OF Jason Little City Manager (972) 838-2338 MESQUITE, CITY OF David Witcher Director of Economic Development (972) 329-8319 MIDLOTHIAN ECONOMIC DEVELOPMENT Kyle Kinateder President and CEO (972) 723-3800 Belinda Wadsworth Administrative Assistant (972) 723-3800 MINERAL WELLS, CITY OF Steve Butcher AGC Director (940) 325-9734 MURPHY, CITY OF Kristen Roberts Director of Economic and Community Development (972) 468-4006 NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS Donna Coggeshall Manager of Research and Technical Services (817) 695-9168

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

29


DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES

NORTHEAST TARRANT CHAMBER OF COMMERCE Jack Bradshaw President & CEO (817) 281-9376 NORTHLAKE, TOWN OF Nathan Reddin Development Director (940) 242-5703 Drew Corn Town Administrator (940) 242-5701 NORTH RICHLAND HILLS, CITY OF Craig Hulse Director, Economic Development (817) 427-6091 Elizabeth Copeland Economic Development Analyst (817) 427-6093 OAK POINT EDC Stephen Ashley City Manager (972) 294-2312 ONCOR ELECTRIC DELIVERY COMPANY LLC Mike Cain Director of Economic Development (214) 486-6323 Sherry Crenshaw Economic Development Consultant (214) 486-2635 Heather Ledbetter Economic Development Manager (214) 486-3919 OVILLA, CITY OF Brad Piland Director of Public Works (972) 617-7262 PANTEGO EDC Daniel Lakey President (817) 559-0985 Matthew Fielder Town Manager (817) 274-1381 Pamela Mundo Economic Development Coordinator (214) 773-0966 PARKER COUNTY, TEXAS Patrick Lawler Executive Director (817) 694-5140 Heylee Sears Office Admin (817) 694-5140 PILOT POINT EDC Denise Morris Executive Director (940) 218-3411

30

PLANO, CITY OF

SAGINAW, CITY OF

Sally Bane Executive Director (972) 208-8300

Alora Wachholz Director of Economic Development (703) 489-3324

Jenny Zeilfelder Economic Development Manager (972) 208-8300 PRINCETON, CITY OF Derek Borg City Manager (972) 736-2416 Amber Anderson Building Permits & Inspections (972) 734-2416 PROSPER EDC Darcy Schroer VP of Marketing and Communication (972) 346-3397 RED OAK, CITY OF Lee McCleary Economic Development Director (972) 617-6831 RICHARDSON CHAMBER OF COMMERCE John Jacobs Executive Vice President (972) 792-2802 RIVER OAKS EDC Marvin Gregory City Administrator (817) 626-3791 ROANOKE, CITY OF Scott Campbell City Manager (817) 491-2411 ROCKWALL EDC Phil Wagner President (972) 772-0025 Matt Wavering Director of Project Development (972) 772-0025 ROWLETT, CITY OF Jim Grabenhorst Director of Economic Development (972) 463-3953

SANGER, CITY OF Shani Bradshaw Director of Economic Development (940) 458-9096 SEAGOVILLE EDC Patrick Stallings City Manager (972) 287-6807 SHERMAN EDC Kent Sharp President (903) 868-2566 Stacey Jones Executive Vice President (903) 868-2566 Ashton Ghaemi Director of Research & Marketing (903) 868-2566 SOUTHLAKE, CITY OF Daniel Cortez Deputy Director (817) 748-8039 Alison Ortowski Assistant City Manager (817) 748-8001 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

Joey Grishman Assistant Director of Economic Development (972) 463-3953

Kevin Pearson Economic Development Director (972) 203-4154

Lexie Woodward Economic Development Specialist (972) 412-6121

Carlton Tidwell Chamber / CVB President (972) 524-5704

ROYSE CITY, CITY OF Larry Lott Executive Director (972) 636-2183 SACHSE EDC Leslyn Blake Chief Executive Officer (469) 429-4764

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

TERRELL EDC

Ray Dunlap EDC President (469) 294-5553 THE COLONY EDC 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 TROPHY CLUB, TOWN OF

WILMER, CITY OF John Hubbard Interim City Administrator (972) 441-6373 WYLIE EDC Jason Greiner Assistant Director (972) 442-7901

Steve Norwood Town Manager (682) 237-2901 UNIVERSITY OF TEXAS AT DALLAS Jenny Mizutowicz Manager of Economic Development Initiatives (972) 466-5741 VAN ALSTYNE EDC Laura Cooper Board Secretary (903) 482-9587 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 WAXAHACHIE, CITY OF Kassandra Carroll Economic Development Coordinator (469) 309-4122 Kay Patrick-Brown Economic Development Specialist (469) 309-4123 WEATHERFORD, CITY OF Dennis Clayton, CEcD, AIA Executive Director (817) 598-4302 Kristen Pegues Economic Development (817) 598-4279 WESTLAKE, TOWN OF Amanda DeGan Town Manager (817) 490-5715 Ron Ruthven Planning & Development Director (817) 490-5739 Jarrod Greenwood Assistant Town Manager (817) 490-5717 WHITESBORO EDC Lynda Anderson Economic Development Director (903) 564-4000

2020


PERFECT IS CLOSER THAN YOU THINK. Your perfect start. And it starts in Southlake. Perfectly positioned in the heart of the Dallas-Fort Worth Metroplex and just minutes from DFW International Airport, Southlake is your gateway to the world. Built for visionaries, decades of quality-focused development have resulted in a town known for excellence in business, education and community. The city has more than 4.3 million square feet of office space, nearly 800 acres of undeveloped non-residential land and 4.4 million square feet of retail space waiting to be transformed by you. We invite you to set your sights on Southlake and make our perfect place yours. Perfect is closer than you think. SelectSouthlake.com SOUTHLAKE ECONOMIC DEVELOPMENT • 817-748-8039 • ECONDEV@CITYOFSOUTHLAKE.COM


GRAND PRAIRIE, A CLEAR LANDING FOR YOUR CORPORATE HEADQUARTERS

Airbus Helicopters, Inc. in Grand Prairie

IH-30 and SH 161 in Grand Prairie

Curious about North Texas? Grand Prairie is minutes from both DFW International and Dallas Love Airports – and is already home to headquarters like Lockheed Martin’s Missiles & Fire Control division and Airbus Helicopter’s North American base. And Grand Prairie is doing all it can for companies approaching DFW. Frontage roads along IH-30 and IH-20. New lanes on SH 161/President George Bush Turnpike. Plans for corporate office, multi-family and retail projects that are already taking off.

DFW Airport is minutes from Grand Prairie

5TH MOST DYNAMIC CITY IN THE US (POINT2 HOMES) 4TH HARDEST WORKING CITY (KEMPLER INDUSTRIES) 6TH BEST WORKPLACE DIVERSITY (WALLETHUB.COM)

#BoldestAndGRANDest 972-237-8081 • www.gptx.org


Connectivity The Dallas-Fort Worth Region Location 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 2020

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

33


CONNECTIVITY | THE DALLAS–FORT WORTH REGION

The Dallas–Fort Worth Region 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 location. 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: ■ Dallas Fort Worth International Airport, the nation’s fourth-busiest airport, and home base for American Airlines; ■ Dallas Love Field Airport, home to Southwest Airlines, the largest domestic airline in the country; and ■ Fort Worth Alliance Airport, the world’s first major industrial airport, and home to an Amazon Air hub. Additionally, DFW’s roads and rail lines are remarkable for the volume and delivery speed they provide for transporting freight products across the country. Equally important is the regionally supported agreement to prove up tomorrow’s transit disruptors. Our region ranks among the top three U.S. metropolitan areas for business expansions, relocations, and employment growth. The 4-million-person workforce is being bolstered by an influx of young, credentialed and talented professionals, providing companies with an abundance of options in skill level they need to make their businesses a success. 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. We know you will find yourself right at home in the DFW region. We look forward to supporting your business expansion projects.

34

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

2020


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 REGION

Seattle

Moscow Frankfurt

Cairo

Beijing Tokyo

Dubai

Mexico City

Shanghai Mumbai Singapore

Rio de Janeiro Buenos Aires

2020

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

35


CONNECTIVITY | LOCATION

Superior combination of location and access featuring DFW Airport, major highways, and rail Perhaps you’ve heard the phrase “Everything is bigger in Texas?” That includes the Dallas-Fort Worth region, which has a combined footprint larger than some U.S. states. Dallas–Fort Worth is the nation’s fourth-largest metro area, conveniently positioned in the middle of the United States, and offering competitive advantages to businesses that locate here. The region’s central location allows it to function as a logistics and distribution hub, giving businesses an edge by putting key markets within easy reach of both truck and rail 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

Kilometers

% of US Pop. Served

600

966

16%

960

1,545

37%

2,887

93%

Ring

Hours

Miles

1

10

2

24

3

48

1,800

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 April July October Annual Average 36

56/36 76/55 96/75 78/57 76/55

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%

2020


Anchorage

Chongqing

Shanghai Hong Kong

Vancouver Seattle San Francisco Los Angeles

Glasgow Amsterdam Brussels

Edmonton Chicago

New York Atlanta Dallas-Fort Worth Miami Mexico City Houston Honolulu Guadalajara

Seoul Tokyo Taipei

Liège Frankfurt Luxembourg Milan

Moscow

Doha

CONNECTIVITY | LOCATION

Dallas Fort Worth International Airport’s cargo network connects the region to 38 major hubs around the world

Sharjah Mumbai

Bogota

Singapore

Lima 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

D/FW 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

2020

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

37


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 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 984,850 metric tons in 2019, serve 38 major markets around the world, including several key markets in Asia. DFW Airport recently completed upgrades to its original terminals with a $2.7 billion ‘Terminal Renewal and Improvement Program’ (TRIP) and currently hosts 164 gates flying to 260 destinations. In 2020, DFW will begin construction of Terminal F which will add capacity for up to 24 additional gates. 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 16.8 million passengers in 2019, 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 (2019):

Dallas Fort Worth International Airport by the numbers (2019): Daily Passengers: 205,663 Total Passengers: 75,066,956 International Passengers: 9,578,478 Total Cargo (metric tons): 984,850 Fairbanks Dallas Fort Worth International Airport domestic destinations Anchorage

Seattle 76 flights per week

Total Operations: 231,879 Travel time from downtown Dallas: 11 minutes

Boston 81 flights per week Minneapolis 88 flights Chicago New York per week 176 flights per week Philadelphia 162 flights per week 82 flights per week Detroit 77 flights per week Washington D.C. Denver 125 flights per week 148 flights per week

San Francisco 99 flights per week

Charlotte 91 flights per week

Las Vegas 89 flights per week

Los Angeles 187 flights per week

Atlanta 160 flights per week

Phoenix 103 flights per week Austin San Antonio 102 flights per week 100 flights per week Houston 163 flights per week

Honolulu Maui Kona

Orlando 83 flights per week Miami 69 flights per week San Juan

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 domestic destinations Seattle/Tacoma Portland

Daily Passengers: 45,973 Total Passengers: 16,780,158

Source: Dallas Fort Worth International Airport

Dallas Fort Worth International Airport and Dallas Love Field

Minneapolis Boise

Milwaukee Chicago (MDW)

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

38

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

2020


Our Global Center ■ 4th busiest airport in the world (operations) ■ 15th busiest airport in the world (passengers) ■ Host to 23 passenger airlines and 23 cargo carriers ■ Service to 193 domestic and 67 international destinations out of 5 terminals and 164 gates ■ Access to every major city in the continental U.S. within four hours ■ #1 for customer service among North American airports serving 40M or more passengers annually (Airports Council International) ■ 1st North American airport to achieve carbon neutral status (1 of 23 worldwide)

CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD

Dallas Fort Worth International Airport:

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

2020

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

39


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 only 14 airports in the world offering service to more than 200 destinations, with new destinations on the way. In fact, DFW Airport netted many new domestic and international flights in 2019 and has already announced several to begin service in 2020. Highlights of increased service include: ■ 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. ■ American Airlines now offers Boeing 787 Dreamliner international service to Beijing, Santiago, Sao Paulo, Paris, Seoul, Madrid, and Shanghai. ■ In 2019, American Airlines launched 30 new destinations from DFW Airport including new international service to Munich and Dublin. ■ Beginning in 2020, American Airlines will add several long-haul destinations—Auckland, Tel Aviv and Tokyo—expanding the region’s DESTINATION — FLIGHT TIME IN MINUTES

TOKYO-HANEDA, JP — 805 TOKYO-NARITA, JP — 817 BEIJING, CN — 855 SEOUL, KR — 892 SHANGHAI, CN — 916 AUKLAND, NZ — 923 HONG KONG, CN — 1022

SOUTH AMERICA BOGOTA, CO — 329 QUITO, EC — 339 GUAYAQUIL, EC — 349 LIMA, PE — 418 SANTIAGO, CL — 565 SAO PAULO-GUARULHOS, BR — 609 BUENOS AIRES, AR — 621

MIDDLE EAST TEL AVIV, IL — 868 DOHA, QA — 870 DUBAI, UAE — 883

AUSTRALIA SYDNEY, AU — 1012

EUROPE LONDON-HEATHROW, GB — 538 DUBLIN, IR — 567 MADRID, ES — 569 PARIS-DE GAULLE, FR — 569 FRANKFURT, DE — 585 AMSTERDAM, NL — 655 ROME, IT — 659 MUNICH, DE — 669

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

access to the farthest reaches of the world. ■ DFW Airport earned the No. 1 ranking for customer service among large airports from Airports Council International, and Dallas Love Field took the No. 2 spot in customer satisfaction ratings from J.D. Power. 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 GRAND CAYMAN ISLAND, KY — 197 MONTEGO BAY, JM — 215 PROVIDENCIALES, TC — 226 SANTA DOMINGO, DO — 262 SAN JUAN, PR — 274 PUNTA CANA, DO — 275 ST THOMAS, VI — 280 ORANJESTAD, AW — 293 ST KITTS AND NEVIS, KN — 314

CENTRAL AMERICA BELIZE CITY, BZ — 171 SAN PEDRO SULA, HN — 187 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 TEGUCIGALPA, HN — 200

Source: Collins Aerospace

40

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

2020


U.S. MIDWEST BRANSON, MO — 51 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 SIOUX CITY, IA — 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 TRAVERSE CITY, MI — 153 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 PORTLAND, ME — 225

U.S. SOUTH OKLAHOMA CITY, OK — 35 WACO, TX — 38

2020

JACKSONVILLE, FL — 134 GAINESVILLE, FL — 136 COLUMBIA, SC — 136 SAVANNAH, GA — 140 FORT LAUDERDALE, FL — 141 CHARLOTTE-DOUGLAS, NC — 146 GREENSBORO, NC — 149 ASHEVILLE, NC — 152 AUGUSTA, GA — 152 WEST PALM BEACH, FL — 155 MYRTLE BEACH, SC — 157 KEY WEST, FL — 159 MIAMI, FL — 160 RICHMOND, VA — 163 NORFOLK, VA — 167 WILMINGTON, NC — 191

U.S. WEST

CONNECTIVITY | NONSTOP FLIGHT TIMES

CANADA TORONTO, ON, CA — 176 MONTREAL-PET, QC, CA — 206 CALGARY, AB, CA — 229 VANCOUVER, BC, CA — 257

HOUSTON-HOBBY, TX — 42 TULSA, OK — 42 TYLER, TX — 43 SAN ANTONIO, TX — 43 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 VICTORIA, 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 HILTON HEAD, SC — 84 MERIDIAN, MS — 85 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 LOUISVILLE, KY — 118 TAMPA, FL — 119 TALLAHASSEE, FL — 120 EL DORADO, AR — 120 GREENVILLE, MS — 120 HARRISON, AR — 120 HATTIESBURG/LAUREL, MS — 120 HOT SPRINGS, AR — 120 SARASOTA, FL — 120 ATLANTA, GA — 122 LEXINGTON, KY — 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

ROSWELL, NM — 88 DENVER, CO — 89 TAOS, NM — 96 SANTA FE, NM — 104 CLOVIS, NM — 105 CHEYENNE, WY — 107 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 ST. GEORGE, UT — 147 BOZEMAN, MT — 147 SAN DIEGO, CA — 149 YUMA, AZ — 154 LOS ANGELES, CA — 156 JACKSON HOLE, WY — 174 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 KALISPELL, MT — 198 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 SANTA ROSA, CA — 211 SPOKANE, WA — 223 FAIRBANKS, AL — 397

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

41


CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE

Transportation Infrastructure Dallas-Fort Worth’s vast transportation infrastructure connects residents and businesses. The freeway system provides eastwest and north-south corridors with easy access to job centers and residential communities. 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 alternatives to cars for getting around the region. The region’s robust interstate infrastructure provides easy links along the USMCA corridor, linking Mexico to Canada and to East and West Coast destinations. 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. And DFW offers many options for regional and international air travel, including Dallas Fort Worth International (the 4th busiest airport in the world), the workhorse Dallas Love Field, and the first major 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 2019 Total operations: 720,007 2018 Total operations: 667,213

Dallas Love Field (DAL)

Alliance Airport (AFW)

Number of runways: 2 Lengths of runways (feet): 7,752; 8,800 2019 Total operations: 231,879 2018 Total operations: 231,110

Number of runways: 2 Lengths of runways (feet): 11,000; 11,010 2019 Total operations: 127,332 2018 Total operations: 119,090

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

42

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

16 Garland/DFW Heloplex 13

17 Dallas CBD Vertiport 18 Heliport DeSoto

2020


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

Transportation 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, 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

2020

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

43


CONNECTIVITY | PUBLIC TRANSIT

Public Transit 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 interfaces with 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. PHOTO: DART

Dallas Streetcar

A-train to Denton (operated by DCTA)

DART Transit System Plan TEXRail to Fort Worth (operated by Trinity Metro)

NW PLANO PARK & RIDE Dallas North Tollway

NORTH CARROLLTON/FRANKFORD

PLANO PARKER ROAD JACK HATCHELL TRANSIT CTR. Presiden tG e o r g e Bush Turnpike

CYPRESS WATERS (DALLAS)

ADDISON

KNOLL TRAIL

RICHARDSON

DFW AIRPORT Terminal A

GARLAND LBJ/CENTRAL

NORTH LAKE COLLEGE

IRVING DOWNTOWN IRVING/ HERITAGE CROSSING

UNIVERSITY PARK HIGHLAND PARK

BACHMAN

UNION STATION CONVENTION CENTER

S. GARLAND TRANSIT CTR.

WHITE ROCK

r

CEDARS

COCKRELL HILL

La ke Ra y H u bba rd

LAKE RAY HUBBARD TRANSIT CTR.

DEEP ELLUM BAYLOR UNIVERSITY MEDICAL CENTER FAIR PARK MLK, JR. LAWNVIEW

T TRIC DIS TS /AR RL L PEA. PAU ST ARD END AK EST W

n ity Rive

LOVERS LANE

DOWNTOWN ROWLETT

ROWLETT

LAKE HIGHLANDS

LOVE W hi te FIELD MOCKINGBIRD Rock INWOOD/LOVE FIELD La ke SOUTHWESTERN MEDICAL DISTRICT/ DALLAS PARKLAND MARKET MEDICAL/ CENTER MARKET CENTER CITYPLACE/UPTOWN VICTORY

Tr i

FOREST/JUPITER

PARK LANE

BURBANK

WEST IRVING

WALNUT HILL

WALNUT HILL/DENTON

LAS COLINAS URBAN CENTER

UNIVERSITY OF DALLAS

DOWNTOWN GARLAND

LBJ/SKILLMAN

ROYAL LANE

BELT LINE IRVING CONVENTION CENTER

CENTREPORT/ DFW AIRPORT

Currently Operating

SPRING VALLEY

FARMERS BRANCH

FOREST LANE

DFW

To Fort Worth

ARAPAHO CENTER

ADDISON TRANSIT CTR.

FARMERS BRANCH DFW AIRPORT

Future Development

GALATYN PARK

CARROLLTON

DFW NORTH

SHILOH ROAD

CITYLINE/BUSH

UT DALLAS

TRINITY MILLS

DOWNTOWN CARROLLTON

Terminal B

DOWNTOWN PLANO 12TH STREET

HATCHER

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

LAKE JUNE

DART Rail Red Line DART Rail Blue Line DART Rail Green Line DART Rail Orange Line DART Rail Orange Line (Weekdays Peak Only)

Trinity Railway Express (TRE) TEXRail (Trinity Metro) DCTA A-train Under Design/Construction Silver Line (2022)

BUCKNER

KIEST VA MEDICAL CENTER LEDBETTER

RED BIRD TRANSIT CTR.

CAMP WISDOM UNT DALLAS

Source: Dallas Area Rapid Transit

GLENN HEIGHTS GLENN HEIGHTS PARK & RIDE

44

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

2020


to Denton (operated by DCTA) PLANO

Red Line

PARKER ROAD

Trinity Railway Express

CARROLLTON

FARMERS BRANCH

Farmers Branch

Orange Line

(Peak Hours On Weekdays Only)

XX

Fare Zone Boundary

Royal Lane

GRAPEVINE

DFW

West Irving

Bell

Richland Hills

CentrePort/ DFW Airport

Fort Worth ITC

University of Dallas

IRVING

Downtown Irving/ Heritage Crossing

Medical/ Market Center Victory

LOVE FIELD

Lovers Lane

Inwood/ Love Field Southwestern Medical District/ Parkland Market Center

Mockingbird MESQUITE

Cityplace/Uptown Deep Ellum Baylor University Medical Center

St. Paul Station

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

Deep Ellum Station

Pearl/Arts District Station

Fair Park MLK, Jr. Hatcher Lawnview

t

HILL

M-Line Trolley to CityPlace/ Uptown Station

East Transfer Center

DOWNTOWN ROWLETT

DALLAS

PARK

Union Station Convention Center Cedars COCKRELL

Downtown Dallas

Downtown Garland Forest/Jupiter LBJ/Skillman Lake Highlands White Rock

Park Lane

ic istr ts D /Ar arl Pe Paul St. ard d Ak st En We

T & P STATION

President George Bush Turnpike

FORT WORTH

Akard Station

Walnut Hill

ROWLETT

GARLAND

Forest Lane

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

NORTH RICHLAND HILLS

Arapaho Center

LBJ/Central

DFW Airport

XX

President Georg eB u

Spring Valley

Belt Line

Parking Available

CityLine/Bush

Galatyn Park

INE GE L

AN

Dallas North Tollway

Downtown Carrollton

Orange Line

West Transfer West End Center Station

ADDISON

OR

Trinity Mills

DCTA A-train

RICHARDSON

npike Tur sh

TexRail Line

We ekd ay

NORTH CARROLLTON/FRANKFORD

(No Sunday Service On TRE)

Victory Station

Pea kO

President George Bush Turnpike

Green Line

Downtown Plano

nly

Blue Line

CONNECTIVITY | PUBLIC TRANSIT

DFW Rail System

Lake June BUCKNER

UNT DALLAS

Rosa Parks Plaza Union Station Convention Center Station

N UR KB AC BL

ON

M

M

E AV

LE

N

E AV

W LA

ST

ST

K OA

Source: Dallas Area Rapid Transit

Y VA ER ST

ERCE

COMM

ST

POLK ST

M

Source: MATA

2020

K PA R N RE AR W E KL YD

T NV

IAD

UC

BISHOP ARTS DISTRICT

TO US

BL VD

DAVIS ST

N

GRIFFIN ST

PACI

DALLAS STREETCAR

SO

ST

6TH ST

T ELM S

21

HO

Park

E FIC AV

T AIN S

Z AN

DO BLVD

JEFFERSON BLVD

D

AR

20

19

COLORA

ER

AK

18

CI JA

D

FF

O NT

N

SA

MAP NOT TO SCALE LV GB

JE

SS

RO

R

16 17

ST

VE

14

E AV

Trinity Railway Express Commuter Rail and Station

RI

15

Y

ST

O W

Dallas Streetcar & Stop DART Light Rail and Station

IT

E

A OD

LEGEND

IN

R LL

T LS

IV OL

13

FW

RS

GE

OD

AR PE

12

2 MIN WALK

TR

Y

Cedars Union Station

MARSALIS AVE

11

B

BECKLEY AVE

AV E

C

ZANG BLVD

LE CO

E NEY A V LE

McKIN

AP

10

Kay Bailey Hutchison Convention Center

R

CEDAR SPRINGS RD

M

West End

G G

IV E

6

Akard

West Transfer Center

YR

7

East Transfer Center

IN IT

5

St. Paul

TR

4

Victory

ZANG BLVD

E

2

W

ST

3

Date: Wed, January, 2018 Created @ 100% Color:CMYK Designer: Audrey A/E:

BISHOP AVE

E AV

AVE

ON AV E

West Village Cityplace Tower McKinney Plaza William B. Travis Academy Greenwood Cemetery Uptown Visitors Center Quadrangle Hotel St. Germain Maple Manor Hotel Shops at The Crescent Hotel ZaZa The Ritz-Carlton Hotel American Airlines Center Klyde Warren Park AT&T Performing Arts Center Nasher Sculpture Center Dallas Museum of Art Crow Collection of Asian Art Fairmont Hotel Dallas World Aquarium West End

TYLER ST

VD BL

M

M

LE ON

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21.

File Name: Rail_Interior Card_JAN 29 2018.ai Page Size: 21.41549343533 x 22.563218858507 Job Name: Rail System Map - Interior Card/Line Decal/TVM Job Number:

CEDAR HILL AVE

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

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

45


CONNECTIVITY | REGIONAL VELOWEB

Regional Veloweb The cycling and pedestrian trail around White Rock Lake in Dallas is one of the nation’s top attractions for runners in the nation, according to the activity-tracking site, Strava. And that’s just the tip of the iceberg in cycling and running in the region. The Dallas-Fort Worth region has 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

46

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

2020


CONNECTIVITY | REGIONAL VELOWEB

Cotton Belt Existing

15 MIles

Funded

22 MIles

Planned

15 MIles

Denton to Dallas

McKinney to Dallas

2020

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

47


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 approximately 7.5 million residents today to an estimated 11.2 million by 2045, it will require an integrated, easily navigable transportation system of roads, public transportation, and bicycle and pedestrian facilities, complemented by local policies and programs to enhance infrastructure investment in even more publicly accessible options. These efforts to provide transportation choice to the traveling public and improve the quality of life driving the region’s growth are detailed in Mobility 2045.

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

48

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

2020


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

2020

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

49


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

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 options straight out of science fiction like flying taxis, 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, about the same duration as air travel. This project—expected to begin operations by 2026—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

Ma

-3 0

X

‹I

m › vd

Bl

Go

St

od er

tim

CEDARS STATION

lvd

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HOUSTON

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C

BRAZOS VALLEY STATION

Convention Center Station

‹S

D A L L A S H

St

O V›

DALLAS

Kay Bailey Omni Dallas Hutchison Convention Center Dallas

St

45

Train Station Proximity Map - Dallas Cedars Station

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Ex

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B ez av Ch

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Cedars Station

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HSR Line

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DART Line

tim

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Convention Center Station

Bu

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od

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Proposed Odyssey

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Proposed I-30 Deck Park

‹S

.

St

m

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ar

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ine

m

Map Legend

Dallas Farmers t Market tree S th in or C

Dallas D A City Hall RT L

St

Ma

La

-3 0

Young

Omni Dallas Hutchison Convention Center Dallas

‹S

North Texas Train Station Kay Bailey

‹I

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Map Legend

et

Proposed I-30 Deck Park

re

St

Proposed Water Garden Proposed Odyssey DART Line

35E

Bu

lle

HSR Line

tL

ine

W

ay

Source: Texas Central

m

b

Tr

50

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

in

2020


Photo: Rebeca Posadas-Nava

Uber Elevate, Vertiports, Drone Deliveries Uber is working with Fort Worth-based Bell Helicopter and Dallas-based Hillwood to accelerate the eventual large-scale deployment of electric vertical takeoff and landing vehicles (VTOLs) – the air taxi. DFW is one of a handful test markets. The first test route between Frisco’s The Star and Dallas Fort Worth International Airport will lay the path for making DFW a world leader in air taxi service. With the development of new vertiports, drone deliveries will also be possible. Already, 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.

Autonomous Vehicles

2020

Photo: Maddie Preston

Texas’ less restrictive regulations and the Dallas Region’s businessfriendly environment have set the stage for the early adoption of autonomous vehicles. In November 2019, Uber began sending vehicles into downtown Dallas to collect data that might be used in autonomous vehicles. This year, Dallas Fort Worth International Airport joined a handful of airports in deploying autonomous passenger shuttles. The shuttle, named “EMMA,” is the same type of vehicle used as the nation’s first autonomous municipal public shuttle, Milo EasyMile. That vehicle connected crowds to public entertainment venues, including Six Flags Over Texas, AT&T Stadium and Globe Life Park in Arlington. The service retired in the fall of 2018 and was replaced by three, free self-driving Drive.AI vans, which operated until May 2019. Drive.AI also partnered with the City of Frisco for a pilot program, before moving to Arlington. From a freight-hauling perspective, autonomous trucking company Kodiak Robotics announced in 2019 that it opened operations in Dallas-Fort Worth, in support of its autonomous freight operations in Texas. AT&T and Verizon have both begun widescale 5G technology deployment, a critical element for connecting vehicles of all types to one another and to the infrastructure that supports them.

Bullet trains and even flying taxis won’t solve the persistent quandary of last-mile travel. Fortunately, the number of last-mile travel options continues to expand in Dallas, on a regular basis. In December 2018, roughly 2,000 UBER-owned Jump electric bikes were distributed on the streets of Dallas, along with 2,000 Jump electric scooters. They joined thousands of electric scooters already deployed in Dallas by Lime, Bird and Razor. E-bikes and e-scooters largely supplanted the 20,000 manually powered, dockless rental bikes in Dallas once owned by LimeBike, Ofo, Spin, MoBike and VBikes that hit the streets in 2017. The latest technology to roll out is the electric sit-down scooter by Ojo that has a range of 50 miles and tops out at 20 mph. Those not up for mounting electric bikes or scooters might opt for Dallasbased efrog shuttles, which, since 2010, have transported people across downtown Dallas and surrounding districts, including Deep Ellum and Uptown. The six-seat, enclosed electric vehicles offer free rides, and are funded by display advertising, corporate services and city tours. Riders are encouraged to tip their drivers. The region’s mass-transit provider – Dallas Area Rapid Transit – has developed the GoPass app, allowing users to track incoming buses and trains in real-time, and to pay for rides without carrying cash or cards. The app also estimates commute times, and locates electric scooters, restaurants and other points of interest. The GoPass also offers Uber and Lyft options. One Dallas startup firm, named Alto, has received funding to disrupt the conventional rideshare market with a safety-minded orientation. From vehicle standards to employee vetting and training. Alto strives to offer a premium, professional and customizable ride share experience.

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

CONNECTIVITY | HIGH TECH TRAVEL

Last-Mile Transport Options Growing in Dallas

51


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. 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

New York City Chicago Washington, D.C.

San Francisco 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.

52

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.

2020


Dallas ranks #3 among global data center markets

121

190

--Cushman & Wakefield, 2020

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 and includes the city of Richardson along with 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: ■ Carriers/service providers ■ Telecom equipment manufacturers ■ Consulting firms ■ Wireless communications companies ■ Photonics/optics networking firms Companies located here include AT&T, Fujitsu, Cisco Systems, Verizon, and Metro by T-Mobile.

2020

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 JP Morgan 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

53


Welcome to the family. Allen is home to many businesses, and we’re proud of every single one. From our diverse, welleducated 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: Michael Samples

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

2020

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

55


TALENT | REGIONAL POPULATION

Regional Population Dallas–Fort Worth is continually 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, four suburbs—Irving, Garland, Plano, and Arlington—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 138,541

McKinney 191,645 Frisco 188,170

Top 25 Cities in DFW by Population

Allen 103,383

Little Elm 50,314

Flower Mound 77,329

Plano 288,061

Lewisville 106,586

Carrollton 136,879

Richardson 120,981

Grapevine 53,976

North Richland Hills 70,836

Bedford 49,464

Euless 57,346

Rowlett 66,285

Garland 242,242

Irving 242,507

Dallas 1,345,047

Fort Worth 895,008 Arlington 398,112

Wylie 51,585

Mesquite 142,816

Grand Prairie 194,614

DeSoto 53,523 Mansfield 70,981

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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2020


Ten Largest Metros in the U.S.

Hawaii 1,420,491

The Dallas-Fort Worth population is larger than the South Dakota Wyoming North Dakotapopulations combined of North+Dakota, Wyoming, Hawaii, + + 882,235 577,737 760,077 South Dakota, Montana, Vermont, Maine, and Alaska. Hawaii 1,420,491 North Dakota 760,077 Montana 1,062,305

Vermont Wyoming 626,299 577,737

+

+

+

Vermont 626,299

+

Montana 1,062,305

+

+

Maine 1,338,404

Maine 1,338,404

+

+

South Dakota Alaska 882,235 737,438

Alaska 737,438

+

Population: 7,404,986

County populations of the Dallas-Fort Worth MSA

Wise 68,305

Denton 859,064

Collin 1,005,146

Hunt 96,493

Johnson 171,361 Tarrant 2,084,931

Somervell Hood 9,016 Johnson 60,537 171,361

Ellis 179,436 Dallas 2,637,772

Kaufman 128,622

Ellis 179,436

2010-2018 percent change

New YorkNewark-Jersey City, NY-NJ-PA

19,979,477

2.0%

Los AngelesLong BeachAnaheim, CA

13,291,486

3.5%

ChicagoNaperville-Elgin, IL-IN-WI

9,498,716

0.3%

DallasFort WorthArlington, TX

7,539,711

16.9%

Houston-The WoodlandsSugar Land, TX

6,997,384

17.7%

WashingtonArlingtonAlexandria, DC-VA-MD-WV

6,249,950

10.3%

6,198,782

11.0%

PhiladelphiaCamdenWilmington, PA-NJ-DE-MD

6,096,372

2.1%

AtlantaSandy SpringsRoswell, GA

5,949,951

12.2%

BostonCambridgeNewton, MA-NH

4,875,390

6.8%

Miami-Fort Lauderdale-West Palm Beach, FL

Parker Tarrant Dallas Rockwall Wise 2,084,931 Denton 2,637,772 Collin 138,371 100,657 68,305 859,064 1,005,146Kaufman Hunt 96,493 128,622

Hood 60,537 Parker 138,371

2018 population

Metropolitan Statistical Area

Rockwall 100,657

Population: 7,539,711

TALENT | REGIONAL POPULATION

Dallas-Fort Worth By the Numbers

Somervell 9,016

Components of Population Change: July 1, 2017 to July 1, 2018 Sources: US Census Bureau, US Dept of Commerce, NCTCOG

Metropolitan Statistical Area

Total Population Change

Population Change Percentage

Net migration

Vital events Natural increase

Births

Deaths

Total

International

Domestic

Atlanta

75,702

1.29%

32,332

72,419

40,087

43,362

17,774

25,588

Boston

30,793

0.64%

12,546

50,680

38,134

18,329

39,984

-21,655

Chicago

-22,068

-0.23%

36,412

111,625

75,213

-58,691

25,200

-83,891

Dallas-Fort Worth

131,767

1.78%

54,107

101,510

47,403

77,531

31,215

46,316

91,689

1.33%

56,119

99,013

42,894

35,397

44,535

-9,138

Houston

-7,223

-0.05%

66,177

156,304

90,127

-73,532

45,180

-118,712

Miami

Los Angeles

49,095

0.80%

14,636

67,987

53,351

34,335

92,682

-58,347

New York

-19,474

-0.10%

81,518

240,404

158,886

-101,262

97,698

-198,960

17,921

0.29%

10,999

68,267

57,268

7,247

19,568

-12,321

49,949

0.81%

40,778

79,710

38,932

9,040

39,621

-30,581

Philadelphia Washington DC

2020

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

57


TALENT | DEMOGRAPHICS

Demographics Demographics in the Dallas–Fort Worth region continue to change. More than 18 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

1,080,000 residents

11,250,000

were added from 2010 to 2018.

or more will live in DFW by 2045

361 people per day were added to the Dallas-Fort Worth region in 2018.

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

Total Population:

7,539,711 58

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2020


28.9% 21.4% 27.7% 17.8% 4.1% 34.7

Foreign-Born Population

18.3%

Europe Asia Africa Oceania Latin America Northern America

4.2% 27.9% 7.4% 0.3% 59.0% 1.1%

White Black or African American Asian Other Hispanic

46.9% 15.2% 6.6% 2.7% 28.6%

Management, Business, Science, and Arts Occupations

39.0%

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]

2020

HOUSEHOLD INCOME

Service Occupations

15.5%

Sales and Office Occupations

23.1%

Natural Resources, Construction, and Maintenance Occupations

9.4%

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

7.4% 7.5% 22.4% 21.4% 6.9% 22.5% 11.9%

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

TALENT | DEMOGRAPHICS

AGE

0-19 Years 20-34 35-54 Years 55-74 Years 75+ Years Median Age

2.83 24.7% 30.4% 29.0% 15.9% $66,982

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

59


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.

Boston

ew York

1,000 to 6,999

San Francisco

Denver 4,000 to 9,999

San Jose

delphia

ngton

m

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: 2014 - 2018 Geography

60

In-Migration

● Houston-The Woodlands-Sugar Land, TX

83,235

● Los Angeles-Long Beach-Anaheim, CA

54,335

● San Antonio-New Braunfels, TX

48,195

● Austin-Round Rock, TX

47,485

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

30,520

● Chicago-Naperville-Elgin, IL-IN-WI

26,095

● Atlanta-Sandy Springs-Roswell, GA

19,750

● Phoenix-Mesa-Scottsdale, AZ

17,490

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Geography

In-Migration

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

17,365

● San Francisco-Oakland-Hayward, CA

14,295

● Miami-Fort Lauderdale-West Palm Beach, FL

13,285

● San Diego-Carlsbad, CA

12,755

● Denver-Aurora-Lakewood, CO

12,705

● Riverside-San Bernardino-Ontario, CA

9,855

● Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 8,625 ● Seattle-Tacoma-Bellevue, WA

7,970

2020


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

Houston

Antonio

Austin Miami Geography

In-Migration

● Orlando-Kissimmee-Sanford, FL

7,775

● Boston-Cambridge-Newton, MA-NH

7,160

● Detroit-Warren-Dearborn, MI

7,020

● San Jose-Sunnyvale-Santa Clara, CA

6,735

● Pittsburgh, PA

5,385

● Charlotte-Concord-Gastonia, NC-SC

3,435

● Durham-Chapel Hill, NC

2,355

● Raleigh, NC

1,865 Source: PUMS Data, U.S. Census Bureau

2020

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

61


TALENT | MIGRATION

Inbound Migration Maps The Dallas-Fort Worth region grew faster than any other major U.S. metro between 2014 and 2018. 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 13.7 percent to its population, more than double California’s growth rate of 5.9 percent. The U.S. grew by 5.8 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 2014-2018 Legend Number of People 8,230-12,315

12,316-16,090

16,091-19,190

19,191-24,675

24,676-32,825

32,826-41,300

41,301-60,115

Relocating from the New York Metro to DFW 2014-2018

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 2014-2018 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.

62

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Legend Number of People 0-75

76-255

256-435

436-755

756-1,520

1,521-2,395

2,396-4,005

2020


Relocating from the Chicago Metro to DFW

Legend

0-90

1,211-1,740

Legend

0-65

476-660

Number of People

91-360

1,741-2,985

661-1,310

2,986-3,865

Number of People

66-175

361 -635

176-265

1,311-1,875

2014-18

2014-18

636-1,210

266-475

Relocating from the Bay Area to DFW

Relocating from the Boston Metro to DFW

2014-18

2014-18

Legend

0-30

446-835

Legend

0-19

211-295

Number of People

31-170

836-1,385

296-545

1,386-2,455

Number of People

20-105

171-340

106-150

546-1,235

341-445

2020

TALENT | MIGRATION

Relocating from the Los Angeles Metro to DFW

151-210

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

63


TALENT | LABOR SUPPLY

Employers in Dallas and Fort Worth draw from a well-educated and skilled workforce throughout the 13-county region. A robust network of interstate highways, state highways, and tollways 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 7.5 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

TOTAL JOBS: W

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

W

18000 30000

N

NW

NE

E

6000

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

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

W

10800 18000

33.2% 41.6% 10.2% 15.1%

E

TOTAL JOBS:

77,199

W

12000 20000

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

% of Workers 29.9% 46.3% 11.7% 12.1%

GREAT SOUTHWEST N

NW

E

TOTAL JOBS:

80,626

SE

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

99,571

SE

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

NE

2800

TOTAL JOBS:

E

4000

S Distance to Job

N

S Distance to Job

23.5% 51.2% 8.8% 16.5%

NE

SW

LBJ CORRIDOR

SW

% of Workers

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

N

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

8400 14000

SE

NW

S Distance to Job

W

115,197

DFW AIRPORT NORTH

3600

NW

TOTAL JOBS:

E

4000

S Distance to Job

NE

SW

NE

SW

S Distance to Job

40.0% 36.4% 13.1% 10.4%

LAS COLINAS

N

NW

% of Workers

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

DALLAS NORTH TOLLWAY

NW

64

40,297

SE

SW

S Distance to Job

N

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.

4200

E

1400

7000

8000

LEGACY

Radar charts explained

NE

W

8400 14000

NE

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

E

2800

S Distance to Job

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%

2020

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

2020

W

8400 14000

% of Workers 30.1% 44.4% 12.2%

12.6%

N NW

NE

E

2800

SW

SE

SW

SOUTHERN DALLAS INLAND PORT

N

S Distance to Job

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

65


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, and tollways 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%

% 66

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

2020


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

1.3%

1.2%

Bicycle

0.1%

9%

Worked at home

5.8%

8%

46%

Rockwall 36%

Car, truck, or van

Workers per car, truck, or van:

90.4%

1.06

Drove alone

46%

Kaufman 43%

80.8%

Carpooled In 2-person carpool In 3-person carpool In 4-or-more person carpool

9.5% 7.1% 1.5% 0.9%

Source: US Census Bureau, 2018 American Community Survey 1-Year Estimates

Average commute time: 28.5 minutes 2020

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

67


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

68

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2020


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 2020

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

69


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

70

Chief Executives 3,647 | $86.57

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

General and Operations Managers 60,590 | $51.47

Computer and Information Systems Managers 8,972 | $71.83

Financial Managers 14,636 | $66.94

Human Resources Managers 3,293 | $57.39

2020


Back Office Support

The Dallas-Fort Worth region’s back office staff workers are dispersed across North Texas. Back office staff, 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.

Human Resources Specialists 16,261 | $30.14

2020

Computer User Support Specialists 23,719 | $23.40

First-Line Supervisors of Office and Administrative Support Workers 37,432 | $28.31

Bookkeeping, Accounting, and Auditing Clerks 44,811 | $20.50

Executive Secretaries and Executive Administrative Assistants 10,861 | $28.61

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

71


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

72

Computer Network Architects 5,535 | $62.33

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Aerospace Engineers 3,226 | $58.81

Electrical Engineers 4,935 | $47.45

Industrial Engineers 7,022 | $47.60

Mechanical Engineers 5,916 | $45.67

2020


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.

Computer and Information Systems Managers 8,972 | $71.83

2020

Information Security Analysts 3,915 | $50.54

Software Developers, Applications 34,117 | $53.33

Computer Network Support Specialists 5,727 | $37.41

Computer Occupations, All Other 11,463 | $46.10

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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

74

Financial Managers 14,636 | $66.94

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Accountants and Auditors 43,580 | $36.57

Budget Analysts 1,463 | $37.85

Financial Analysts 10,804 | $40.93

Loan Officers 7,887 | $33.38

2020


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 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.

Pharmacists 5,915 | $59.51

2020

Physicians and Surgeons, All Other 8,481 | $91.52

Physical Therapists 6,291 | $45.27

Registered Nurses 60,740 | $35.44

Medical Records and Health Information Technicians 4,879 | $19.73

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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

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Electrical and Electronics Engineering Technicians 3,036 | $31.85

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Industrial Engineering Technicians 1,993 | $32.01

Computer Numerically Controlled Machine Tool Programmers 554 | $26.77

Machinists 5,412 | $19.80

Welders, Cutters, Solderers, and Brazers 10,432 | $18.58

2020


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.

First-Line Supervisors of Production and Operating Workers 13,601 | $30.60

2020

Electrical and Electronic Assemblers, Except Coil Winders, Tapers, and Finishers 10,852 | $16.15

Assemblers and Fabricators, All Other, Including Team Assemblers 27,123 | $13.78

Helpers/ Production Workers 11,063 | $12.57

Production Workers, All Other 3,056 | $13.14

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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

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Transportation, Storage, and Distribution Managers 3,959 | $44.71

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

Logisticians 4,938 | $36.71

Inspectors, Testers, Sorters, Samplers, and Weighers 15,929 | $18.55

Heavy and TractorTrailer Truck Drivers 65,684 | $21.43

Hand Packers and Packagers 14,090 | $11.72

2020


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.

Biomedical Engineers 323 | $52.87

2020

Chemical Engineers 1,090 | $65.63

Chemical Engineers 1,090 | $65.63

Medical Scientists, Except Epidemiologists 740 | $29.39

Chemists 934 | $35.13

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TALENT | SKILLS DEVELOPMENT

A Snapshot of Regional Skills Development Institutions 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 the resources they need to 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 DCCCD Cedar Valley College 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

■ 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 DCCCD Brookhaven College to provide job training using a $455,400 Skills Development Fund grant in 2018. ■ 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, provide data, and 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. The Dallas County Community College District (DCCCD) includes seven independently accredited colleges — Brookhaven, Cedar Valley, Eastfield, El Centro, Mountain View, North Lake and Richland. Since 1965, DCCCD 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 County Community College District (and every community college and technical school in Texas) are partnering with Amazon Web Services (AWS), beginning spring 2020, 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 DCCCD 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 is slated to open its $179 million, 340,000 square-foot Technical Campus in fall 2020. That 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: ■ Computer Aided Drafting & Design Technology ■ Computer Networking & Systems Administration ■ Cybersecurity

2020

■ ■ ■ ■

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

■ Precision Machining Technology ■ Welding

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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. TEXAS WOMAN’S UNIVERSITY

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.

WEATHERFORD COLLEGE (WISE COUNTY)

UNIVERSITY OF NORTH TEXAS

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

TEXAS CHRISTIAN UNIVERSITY (TCU)

7

13

14

TEXAS A&M COLLEGE OF LAW

TERRELL SCHOOL OF TARLETON STATE

SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY

Community College Districts 79,162 57,664 33,742 10,310 WEATHERFORD COLLEGE (GRANBURY) 8,450 6,529 6,336 202,193

A total of 10,604 students enrolled in CE courses in the districts and colleges listed above in Fall 2019.

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

WESLEYAN UNIVERSITY

ARLINGTON BAPTIST UNIVERSITY

TARRANT COUNTY COLLEGE (SOUTH)

HILL COLLEGE (BURLESON)

2019 Enrollment

The Texas Workforce Commission provides funding for Continuing Education (CE) courses within the community college system.

82

10 TEXAS

TARLETON STATE UNIVERSITY-FORT WORTH

Source: Texas Higher Education Coordinating Board

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

4

TARRANT COUNTY COLLEGE (CORPORATE TRAINING CENTER)

TARRANT COUNTY COLLEGE (NORTHWEST)

Institution

2

HILL COLLEGE (GLEN ROSE)

SOUTHWESTERN ADVENTIST UNIVERSITY

HILL COLLEGE (JOHNSON COUNTY)

Private University Public University Community College

2020

1


5 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]

COLLIN COLLEGE (ALLEN)

AMBERTON UNIVERSITY (FRISCO)

NORTH CENTRAL TEXAS COLLEGE (FLOWER MOUND)

COLLIN COLLEGE (PLANO) COLLIN COLLEGE (COURTYARD CENTER)

DCCCD (NORTH LAKE NORTH)

3

ABILENE CHRISTIAN UNIVERSITY DALLAS

COLLIN COLLEGE (WYLIE)

UNIVERSITY OF TEXAS AT DALLAS

TEXAS A&M AG EXTENSION DCCCD (BROOKHAVEN)

DCCCD (NORTH LAKE WEST)

COLLIN COLLEGE HIGHER EDUCATION CENTER - TEXAS A&M 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)

DCCCD (RICHLAND) DCCCD (RICHLAND GARLAND)

UNIVERSITY OF PHOENIX DALLAS CAMPUS

DALLAS CHRISTIAN COLLEGE

COLLIN COLLEGE (ROCKWALL)

PARKER UNIVERSITY

SMU AMBERTON UNIVERSITY (SOUTHERN ART INSTITUTE (GARLAND) TEXAS METHODIST OF DALLAS TECH UNIVERSITY) HEALTH 6 DCCCD SCIENCE EVEREST UNIVERSITY (EASTFIELD) COLLEGE CENTER OF DALLAS UT SOUTHWESTERN DALLAS THEOLOGICAL SEMINARY UNIVERSITY MEDICAL CENTER 12 CRISWELL COLLEGE OF TEXAS AT TEXAS A&M TEXAS DALLAS TEXAS A&M COLLEGE L OF DENTISTRY COMMERCE DCCCD WOMAN’S MESQUITE ABILENE CHRISTIAN UNIVERSITY AT CITYSQUARE (NORTH LAKE - CENTER UNIVERSITY FOR 15 SOUTH) DCCCD (EL CENTRO) INSTITUTE BRAINOF HEALTH TEXAS A&M COMMERCE - DOWNTOWN DALLAS HEALTH SCIENCES UNIVERSITY OF NORTH TEXAS DALLAS COLLEGE OF LAW DCCCD (BILL J. PRIEST) UT MCCOMBS MBA AT DALLAS/FORT WORTH CAMPUS DCCCD (MOUNTAIN VIEW) DCCCD (EASTFIELD 8 DALLAS PLEASANT GROVE) BAPTIST PAUL QUINN COLLEGE UNIVERSITY

DCCCD (NORTH LAKE)

UNIVERSITY OF TEXAS AT ARLINGTON UNIVERSITY OF PHOENIX ARLINGTON CAMPUS

TARRANT COUNTY COLLEGE (SOUTHEAST)

WEST COAST UD 11 UNIVERSITY

UNIVERSITY OF NORTH TEXAS AT DALLAS

9 9

NORTHWOOD UNIVERSITY

Major Universities University

TEXAS STATE TECHNICAL COLLEGE (RED OAK)

Source: Texas Higher Education Coordinating Board

NAVARRO COLLEGE (WAXAHACHIE) SOUTHWESTERN ASSEMBLIES OF GOD

2020

TRINITY VALLEY COMMUNITY COLLEGE (TERRELL)

TRINITY VALLEY COMMUNITY COLLEGE HEALTH SCIENCE CENTER

DCCCD (CEDAR VALLEY)

NAVARRO COLLEGE (MIDLOTHIAN)

SOUTHWESTERN CHRISTIAN COLLEGE

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

2019 Enrollment

The University of Texas at Arlington (UTA) University of North Texas (UNT) The University of Texas at Dallas (UTD) Texas Woman’s University (TWU) Texas A&M University-Commerce (TAMU-C) Southern Methodist University (SMU) Texas Christian University (TCU) Dallas Baptist University (DBU) University of North Texas at Dallas (UNT Dallas) Texas Wesleyan University University of Dallas (UD) UT Southwestern Medical Center (UTSW) University of North Texas Health Science Center Texas A&M University School of Law University of North Texas at Dallas College of Law

42,863 39,235 29,543 15,720 12,335 11,824 11,027 4,487 4,080 2,607 2,481 2,299 2,219 480 375

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TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

Higher Education Accolades 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.

Students in #3 Graduate Computer Science in the U.S. Students in #7 Undergraduate Computer Science 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

2020


“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

#1 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 (2019)

— 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. 2020

#1 Four-year Institution for Veterans — Military Times

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

DFW Higher Education Institutions Total Enrollment (2019) and Degrees Awarded (2017-2018) for Select Institutions Institution Amberton University Austin College Brookhaven College (DCCCD)

2019 Enrollment

Associate

1,074 1,314 10,965 7,574

681

Collin County Community College District

35,191

2,786

Dallas Baptist University

4,487

22

Eastfield College (DCCCD)

14,323

1,338

El Centro College (DCCCD)

10,837

999

Mountain View College (DCCCD)

11,084

997

Navarro College

8,038

935

North Central Texas College

9,586

843

North Lake College (DCCCD)

9,510

1,194

Parker University

1,359

82

17,278

Southern Methodist University

11,824

Southwestern Adventist University Southwestern Assemblies of God University

50

395

352

13

714

610

45

7

2,047

2,027

687

14

171

3

86

2,052

309

335

109

25

2

Tarrant County College District

10,042

5,472

Texas A & M University-Commerce

12,335

Texas Christian University

Doctorate

15

44

192

2,360

Southwestern Christian College

Texas A & M University School of Law

Certificates Post-Bachelor’s or Master’s

41

554

Richland College (DCCCD)

Master’s

1,166

Cedar Valley College (DCCCD)

Paul Quinn College

Bachelor’s

1,833

1,632

2,217

466

62

349

50 130

480 11,027

19

104

97

221

Texas Wesleyan University

2,607

374

170

Texas Woman's University

15,720

2,169

1,519

The University of Texas at Arlington

42,863

8,641

4,789

214

198

The University of Texas at Dallas

29,543

3,907

3,697

349

231

Trinity Valley Community College

6,602

843

2,481

272

336

86

5

University of North Texas

39,235

7,201

1,893

147

253

University of North Texas at Dallas

4,080

575

112

155

University of North Texas at Dallas College of Law

375

University of North Texas Health Science Center

2,219

421

58

369

University of Texas Southwestern Medical Center

2,299

90

198

352

Weatherford College

5,912

112

717

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

86

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

2020

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

University of Dallas

30


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

53,274

312,661

Number of bachelor’s, master’s, and Ph.D.s awarded in 2018 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 2018 from the largest 4+ year degreegranting institutions within Texas and adjacent states.

TALENT | TRAINING, COLLEGES, AND UNIVERSITIES

Talent Pipeline

Degrees Awarded 2017-2018 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

2020

Associate 41

Bachelor’s

Master’s

Certificates PostBachelor’s or Master’s

Doctorate

22

81 98 11 1,706

24 71 7 387

7 1 242

135

1,396

5,972

5,110

193

49

47

1,471

67

2

135

6

35

44

446 13 523

1,190

2,085

204

47

274 1,479 93 622 227 360 5,773 379

2,553 1,619 292 72 22 84 2,500 36

44

6 181 2

195 191 1 36 10 9 1,086 15

42 234

1 53 34 2,419

82 1

492

784

91

2

146 14,540 10 1 398 2

33 1,642

55 146 484 168

9 79

418

397 18

12

41

25

5 4 6

364 23 163

14 3

2,350 57 922 10 93 313

58 39 20

1,366 540

340 755

58

84 21

17 211 11 319

1,440 375 19 1,573

195 734

12 22

47 85

370

40

55

21,938

31,677

18,965

1,267

2,632

58 193

1

18 95

10 83

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

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TALENT | TRAINING, COLLEGES AND UNIVERSITIES

STEM Certificates/Degrees Awarded 2018-19 in DFW by classification Aerospace, Aeronautical and Astronautical Engineering

72

Ecology, Evolution, Systematics, and Population Biology

55

Applied Mathematics

72

Electrical, Electronics and Communications Engineering

750

Architectural Engineering

3

Engineering, General

Astronomy and Astrophysics

4

Engineering, Other

17 15

95

Biochemistry, Biophysics and Molecular Biology

400

Environmental/Environmental Health Engineering

Biology, General

1,707

Genetics

13

Geological and Earth Sciences/Geosciences

118

Biomathematics, Bioinformatics, and Computational Biology Biomedical/Medical Engineering

22 228

232

Industrial Engineering Information Science/Studies

Cell/Cellular Biology and Anatomical Sciences

49

Manufacturing Engineering

24

Chemistry

213

Materials Engineering

101

Mathematics

486

Mechanical Engineering

979

Civil Engineering Computer and Information Sciences, General

246 2,145

1,464

Computer Engineering

371

Microbiological Sciences and Immunology

25

Computer Programming

190

Neurobiology and Neurosciences

171

Computer Science

261

Operations Research

Computer Software and Media Applications

113

Physics

164

Computer Systems Analysis

103

Physiology, Pathology and Related Sciences

39

Computer Systems Networking and Telecommunications

275

Statistics

82

Computer/IT Administration and Management

248

Systems Engineering

118

Construction Engineering

118

Data Processing

279

61

Total

Texas Research Alliance:

Source: National Center for Education Statistics

11

Biotechnology

12,139

Texas Research ALLIANCE

Connecting Research & Innovation in Dallas-Fort Worth How the nonprofit builds industry, government, and university partnerships:

1: Industry Outreach

2: Project Development

Objective: Meet industry research and innovation needs through partnerships with small to midsized businesses and universities. Process: Work with each company, fully understand its research and innovation needs and convey them, in nonproprietary formats, to qualified growth/startup companies and university faculty. Note: This can be done under nondisclosure agreements (NDA) with TRA or through TRA-facilitated interaction between the company and qualified small TRA companies and university faculty.

Objective: Identify, qualify, and engage regional resources that meet industry research and innovation needs. Process: Identify and engage members of the growth/startup communities and universities with the staff/faculty, facilities and desire to meet the need of the regional industry partners. Bring the research and innovation providers together with the industry champions for assessment and engagement.

Consider a Capstone Partnership The region has a highly successful national model of best practices at UTD and UNT. This low-cost, defined company-university introduction provides IP protection, interdisciplinary student teams and high success rates. www.tradfw.org

88

DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE

2020


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Allison Cook , Economic Development Director, 972.919.2507

FARMERSBRANCHTX.GOV


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Industry

Photo: Michael Samples

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

2020

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

91


INDUSTRY | INDUSTRY DIVERSITY

Industry Diversity

Moody’s Diversity Index for select metropolitan regions 1

United States Diversity Index = 1

.9

.83

.8

.83

.81

.79

.77

.76

.76

.74

.7

.70

.65

.64

.6 .50

.5 .4 .3 .2 .1

or t

W or th C hi ca go At la nt a Ph oe ni Ph x ila de lp hi a N ew Yo rk M ia m i Bo st Lo on sA Sa nge n le Fr s an ci sc o H o us W as to hi n ng to n DC

0

D al la sF

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.

Texas Metro Comparisons: 2019 Employment by Supersector Variance from Percent of U.S. Employment

Professional And Business Services

Financial Activities

Natural Resources and Mining

Information

5%

5%

4%

4%

3%

3%

2%

2%

1%

1%

-1%

-1%

-2%

-2%

-3%

-3%

92

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.

2020

Source: Bureau of Labor Statistics, CES

Dallas*

U.S. Employment


po ns Tra e, ili Ut nd

na

tio r ta

Professional and

18.8%

tie

bli

cA dm

ini

Inc

lud

2.4 % uc

itie

ati o

n)

1.05

1.27

0.7%

% 1.6

Othe

r Serv

ices

8.2%

Le i

su

re

an

d

g urin fac t Ma nu

% 6.3

H os

pi

4% 9.

7.3 %

n

Source: EMSI, 2020Q1 QCEW; OES, 2019

1.11

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).

1.0

tructio

Location Quotient:

% 6.5

Cons

I

0.9 1

n

3.7 %

%

2.1

1 1.1

0

io at

m or nf

s

nc

a Fin

1.0%

Natural Resources and Mining

ctiv ial A

1.51

Ed

.8 0

%

ing

1.33

0.7 7

n(

4 1.4

6.0

str ati o

5.0 %

Pu

He a

13 .2 %

lth

Se

rv

ic

es

s

10 .2 %

12 .3 %

Business Serv ices

d Tra

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

27.2%

.5% 20

%

.3 0 2

Industry Sectors

ta

lit

y

%

.1 0 1

Location Quotient

Legend

Employment

%

Establishments %

2020

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

93


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 accounting to legal services. Complex technologies and transactional operations throughout Dallas-Fort Worth are pushing most advanced service 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 11

100 60

1010760

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

Financial Managers 14,636 | $66.94

Management Analysts 18,454 | $41.90

Market Research Analysts and Marketing Specialists 12,461 | $35.82

Business Operations Specialists 31,362 | $36.14

2020


INDUSTRY | ADVANCED SERVICES

Industry

Establishments

Avg. Employment

Telecommunications

857

36,203

Data Processing, Hosting, and Related Services

435

14,030

Finance and Insurance

11,802

234,635

Real Estate and Rental and Leasing

9,687

88,673

Professional, Scientific, and Technical Services

27,008

290,752

Total

49,789

664,293

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

Accountants and Auditors 43,580 | $36.57

2020

Financial Analysts 10,804 | $40.93

Computer Systems Analysts 18,972 | $44.08

Computer Programmers 9,230 | $41.17

Applications Software Developers 34,117 | $53.33

Network and Computer Systems Administrators 12,750 | $42.93

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

95


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 7.3 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 here 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 are 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

31.2%

28

33 2

20

1 25

All other Texas metros

Dallas

8 12

30.4%

Houston

25.9%

San Antonio

40

Austin

5.6%

6.8%

Industry

Establishments

Manufacturing

6,616

Avg. Employment 284,589

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

Industrial Production Managers 3,527 | $52.53

Industrial Engineers 7,022 | $47.60

Mechanical Engineers 5,916 | $45.67

Industrial Machinery Mechanics 6,882 | $23.16

2020


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 11

15 60

1 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

Alcon Laboratories Airbus Helicopter Bell Helicopter ESAB Dal-Tile Corporation Dean Foods Keurig Dr Pepper Farmer Brothers Frito-Lay Fujitsu Network Communications GE Manufacturing Solutions General Motors Huawei Device USA Interceramic L-3 Communications Aerospace Systems L-3 Communications/Com Cept Division L-3 Mustang Technology Group Labinal Lennox International Lockheed Martin Missiles & Fire Control Lockheed Martin Aeronautics Madix Mary Kay Maxim Integrated Products Miller Coors 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

INDUSTRY | MANUFACTURING

Major Manufacturing Operations in DallasFort Worth

61760

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

First-Line Supervisors of Production and Operating Workers 13,601 | $30.60

2020

Electrical, Electronic, and Electromechanical Assemblers 10,852 | $16.15

Assemblers and Fabricators, All Other, Including Team Assemblers 27,123 | $13.78

Helpers/Production Workers 11,063 | $12.57

Production Workers, All Other 3,056 | $13.14

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

97


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 11

45 60

175760

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

Financial Managers 14,636 | $66.94

Accountants and Auditors 43,580 | $36.57

Credit Analysts 3,751 | $35.45

37

9

Financial Analysts 10,804 | $40.93

2020


51 44 38 52

Finance

Insurance

1 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 51 52 53 54 55 56 57

Alkami Technology Alliance Data Systems Amegy Bank Bank of America BBVA Broadridge Financial Solutions Capital One Auto Finance Charles Schwab Citibank Comerica Bank Fannie Mae Federal Reserve Bank of Dallas Fidelity Investments GM Financial Goldman Sachs Heartland Payment Systems JP Morgan Private Bank Mercedes -Benz Financial Services USA Merrill Lynch MoneyGram International Mr. Cooper Options Clearing Corp ORIX USA Corp PlainsCapital Bank PNC Business Credit Santander Consumer USA Silicon Valley Bank TD Ameritrade Texas Capital Bankshares Toyota Industries Commercial Finance UBS Financial Services Wells Fargo Bank

Industry

AAA Texas AIG A-Max Auto Insurance Allstate BenefitMall Blue Cross & 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 Libery Mutual Insurance New York Life Insurance State Farm Insurance Travelers UnitedHealthcare of Texas USAA USHEALTH Group Warrantech Zurich

Establishments

Monetary Authorities-Central Bank

Avg. Employment

7

1,061

Credit Intermediation and Related Activities

3,754

107,893

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

3,193

31,053

Insurance Carriers and Related Activities

4,742

94,049

107

575

11,803

234,631

Funds, Trusts, and Other Financial Vehicles Total

INDUSTRY | FINANCIAL ACTIVITIES

Finance and Insurance Companies in Dallas-Fort Worth

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

Personal Financial Advisors 6,000 | $51.01

2020

Loan Officers 7,887 | $33.38

Financial Specialists, All Other 3,366 | $30.69

Insurance Sales Agents 26,104 | $28.42

Securities, Commodities, and Financial Services Sales Agents 18,060 | $28.94

Insurance Claims and Policy Processing Clerks 12,681 | $19.27

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

99


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 laptop computers, smartphones, and space travel. 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 7th Largest Concentration of High-Tech Jobs in the U.S. 2019 High-Tech Employment

New York-NewarkJersey City, NY-NJ-PA

488,960

WashingtonArlington-Alexandria, DC-VA-MD-WV

360,466

Los Angeles-Long Beach-Anaheim, CA San FranciscoOakland-Hayward, CA

357,137 264,639

Boston-CambridgeNewton, MA-NH

259,191

Chicago-NapervilleElgin, IL-IN-WI

253,540

Dallas-Fort WorthArlington, TX

242,180

Seattle-TacomaBellevue, WA

230,152

San Jose-SunnyvaleSanta Clara, CA

228,663

Houston-The Woodlands-Sugar Land, TX

204,815

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 Alcatel-Lucent [Plano] AT&T [Dallas] BT Global Services [Dallas] Cisco Systems [Richardson] Ericsson [Plano] Frontier Communications [Allen] Fujitsu Network Communications [Richardson] GENBAND [Frisco] Goodman Networks [Plano] Huawei Technologies [Plano] Metro by T-Mobile [Richardson] NEC Corporation [Irving] Nokia North America [Plano, Coppell] Samsung Electronics America [Richardson, 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 Technologies [Dallas] Megger Group [Dallas] Raytheon [McKinney, Dallas, Plano] Schneider Electric [Plano] Top Computer Systems & Software Companies with Operations in DFW Accenture [Irving] Capgemini [Irving] Cognizant [Irving] DXC Technology [Irving]

HP Enterprise Services [Plano] IBM [Dallas] Infosys [Plano, Richardson] Intuit [Plano] L-3 Harris ComCept [Rockwall] Microsoft [Irving] NTT Data [Plano] Oracle [Dallas, Irving] RealPage [Richardson] SAP AG [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] 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 [Dallas] 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 [Dallas-Fort Worth] Facebook [Fort Worth] Hotels.com (Expedia Group) [Dallas] Match.com [Dallas] Sabre Holdings [Southlake] Thryv [Dallas] Travelocity (Expedia Group) [Dallas]

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

Computer Systems Analysts 22,420 | $44.10

Software Developers, Systems Software 9,823 | $51.87

Computer Network Architects 5,432 | $56.46

Computer Network Support Specialists 7,222 | $38.25

2020


INDUSTRY | HIGH TECH

Number AdvancedIndustry Services Businesses Number ofofHigh-tech Businesses 11

25 60

88760

High Tech Manufacturing Industry

Establishments

Avg. Employment

Semiconductor Machinery Manufacturing

9

196

Optical Instrument and Lens Manufacturing

12

288

Computer and Electronic Product Manufacturing

473

42,728

Aerospace Product and Parts Manufacturing

104

33,383

Sub-total

598

76,595

Information Services Establishments

Industry

Avg. Employment

Software Publishers

346

9,200

Telecommunications

857

36,208

Data Processing, Hosting, and Related Services

435

14,030

Internet Publishing and Broadcasting and Web Search Portals

231

Sub-total

1,869

2,472 61,910

Bio Sciences & Medical Technology Industry

Establishments

Avg. Employment

Basic Chemical Manufacturing

67

2,109

Pharmaceutical and Medicine Manufacturing

57

4,477

Medical Equipment and Supplies Manufacturing

233

6,268

Scientific Research and Development Services

331

4,938

688

17,792

Sub-total

Professional & Technical Services Establishments

Avg. Employment

1,322

22,610

Testing Laboratories

180

2,728

Computer Training

48

356

7,106

80,217

Industry Engineering Services

Computer Systems Design and Related Services Sub-total

8,656

105,911

Total for all sectors

11,811

262,208

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

Aerospace Engineers 3,117 | $55.48

2020

Computer Hardware Engineers 760 | $51.40

Electrical Engineers 5,319 | $47.19

Mechanical Engineers 5,588 | $43.63

Industrial Engineering Technicians 1,605 | $31.34

Semiconductor Processors 2,183 | $18.31

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

101


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 healthcare 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 healthcare 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 Healthcare 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

22,158

401,684

30

456

1,312

13,411

Optical Goods Stores

250

1,416

Other Health and Personal Care Stores

410

3,005

81

1,535

24,241

421,507

Research and Development in Biotechnology Sub-total

Government Industry

Avg. Employment Establishments

Administration of Public Health Programs

Insurance Industry

33

22,405

Avg. Employment Establishments

Direct Health and Medical Insurance Carriers

55

5,168

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

Medical and Health Services Managers 9,200 | $45.14

Physician Assistants 2,915 | $52.27

Occupational Therapists 3,281 | $45.04

Registered Nurses 60,740 | $35.44

2020


1 2 3 4 5 6 7 8 9

24

17 29

10 13

10 11 12 13 14 15 16 17 18 19 20 21 22 23

2 3 28

11 4 6

1

31

7

22 19

Number of of Advanced Services Businesses Number Health Care Businesses 11

150 60

845760

Manufacturing Establishments

Industry Pharmaceutical and Medicine Manufacturing

Avg. Employment

57

4,477

Analytical Laboratory Instrument Manufacturing

7

666

Irradiation Apparatus Manufacturing

5

95

Medical Equipment and Supplies Manufacturing

233

6,268

Sub-total

302

11,506

24 25 26 27 28 29 30 31

Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Number of beds Baylor University Medical Center . . . . . . . . . . . . . . . . . . . . . 940 Medical City Dallas Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . 876 Texas Health Presbyterian Hospital Dallas. . . . . . . . . . . . . . . 875 Parkland Memorial Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . .870 Texas Health Harris Methodist Hospital Fort Worth . . . . . . .720 University of Texas Southwestern Medical Center . . . . . . 608 Methodist Dallas Medical Center . . . . . . . . . . . . . . . . . . . . . .585 John Peter Smith Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . . . 573 Baylor Scott & White All Saints Medical Center - Fort Worth . . . . . . . . . . . . . . . . . . . . . . . . . . 572 Medical City Plano . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 547 Children’s Medical Center of Dallas . . . . . . . . . . . . . . . . . . . 490 Cook Children’s Medical Center . . . . . . . . . . . . . . . . . . . . . . 430 Methodist Richardson Medical Center . . . . . . . . . . . . . . . . .394 Medical Center of Arlington. . . . . . . . . . . . . . . . . . . . . . . . . . .382 Texas Health Arlington Memorial Hospital . . . . . . . . . . . . . .369 Texas Health Huguley Hospital . . . . . . . . . . . . . . . . . . . . . . . .356 Texas Health Presbyterian Hospital Plano . . . . . . . . . . . . . . .338 Medical City Fort Worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .320 Methodist Charlton Medical Center . . . . . . . . . . . . . . . . . . . . 317 Baylor Scott & White Medical Center - Grapevine . . . . . . . .302 Baylor Scott & White Medical Center - Irving . . . . . . . . . . . .293 Dallas VA Medical Center . . . . . . . . . . . . . . . . . . . . . . . . . . . . .289 Texas Health Harris Methodist Hospital Southwest Fort Worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .263 Columbia Medical Center of McKinney Subsidiary, L.P. . . .260 Texas Health Presbyterian Hospital Denton . . . . . . . . . . . . . 255 Methodist Mansfield Medical Center . . . . . . . . . . . . . . . . . . .254 Texas Health Harris Methodist Hospital Hurst-Euless-Bedford . . . . . . . . . . . . . . . . . . . . . . . . 252 Doctors Hospital at White Rock Lake . . . . . . . . . . . . . . . . . . . 218 Baylor Scott & White Medical Center - Carrollton . . . . . . . . 216 Medical City Denton . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .208 Dallas Regional Medical Center . . . . . . . . . . . . . . . . . . . . . . .202

Wholesale Trade Establishments

Industry

Avg. Employment

Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers

509

7,021

Ophthalmic Goods Merchant Wholesalers

55

1,253

Drugs and Druggists' Sundries Merchant Wholesalers

386

9,099

Sub-total

950

17,373

25,581

477,959

Total for all sectors

INDUSTRY | HEALTH CARE

Major Hospitals (with more than 200 beds)

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

Clinical Laboratory Technologists and Technicians 7,651 | $25.88

2020

Dental Hygienists 4,899 | $38.26

Surgical Technologists 2,623 | $23.93

Licensed Practical and Licensed Vocational Nurses 17,194 | $23.53

Medical Records and Health Information Technicians 4,879 | $19.73

Nursing Assistants 23,620 | $12.81

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

103


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 11

7 60

15760

Establishments

Avg. Employment

Basic Chemical Manufacturing

67

2,109

Pharmaceutical and Medicine Manufacturing

57

4,477

Medical Equipment and Supplies Manufacturing

233

6,268

Scientific Research and Development Services

331

4,938

Medical Laboratories

246

4,743

Diagnostic Imaging Centers Total

233

4,199

1,167

26,734

Source: 2019.4 – 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

Biomedical Engineers 323 | $52.87

Chemical Engineers 1,090 | $65.63

Medical Scientists, Except Epidemiologists 740 | $29.39

Chemists 934 | $35.13

2020


Brain Research, Neurology, & Neurosurgery

National Institutes of Health.

■ 7 Institutes and Centers are focused on brain research in DFW. ■ UT Southwestern ranked 15th in neurology and neurosurgery, and Children’s Medical Center and Cook Children’s ranked 12th and 49th, respectively, in the pediatric specialty (2019-20 U.S. News & World Report). Cancer Research ■ Cancer Prevention & Research Institute of Texas (CPRIT) has awarded more than $480M to DFW institutions since 2009 to spur cancer research innovation and commercialization and to increase access to prevention programs and services. ■ The Texas Center for Proton Therapy opened in Irving in 2016; only 35 such centers are operating across the U.S. ■ Mary Crowley Cancer Research Center located at Medical City Dallas Hospital is one of the world’s largest gene therapy investigative facilities. ■ UT Southwestern’s Harold C. Simmons Cancer Center earned a National Cancer Institute (NCI) designation, bestowed upon top-tier cancer centers nationwide. ■ 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 ■ 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. ■ Children’s Medical Center Dallas is one of only 14 national pediatric research centers sanctioned by the

■ Children’s Medical Center Dallas-Texas Scottish Rite Hospital ranked 2nd in the country for Pediatric Orthopedics, 10th for Gastroenterology & GI Surgery and 17th for Cardiology & Heart Surgery (2019-20 U.S. News and World Report). Dental Research ■ 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 ■ The Cooper Center Longitudinal Study is one of the most highly referenced databases on physical fitness and health in the world. UT Southwestern ■ 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. ■ 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 ■ Major participants/competitors in the sector collaborate in many ways including the DFW Hospital Council, Health Industry Council, Dallas Medical Resources, and Teaching Hospital Forum. ■ The North Texas Accountable Healthcare Partnership (NTAHP), designated as the regional health information exchange (HIE) entity, is located in Arlington.

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 Grifols Hanger, Inc. Humanetics II Ltd Inform Diagnostics Input Hearing Systems Integer Holdings Luxottica

INDUSTRY | LIFE SCIENCES

Core Strengths

Nurse Assist, Inc. Nuvectra Corp OraMetrix Inc. Orano Med Orthofix OsteoMed Pathologists Bio Medical Lab Peloton Therapeutics 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 St. Jude Medical Neuromodulation Strukmyer Stryker Orthopaedics Talecris Plasma Resources Texas Oncology TissueGen

Cancer Prevention & Research Institute of North Texas ■ 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, Including Health 1,172 | $35.98 2020

■ 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 5,915 | $59.51

Diagnostic Medical Sonographers 1,375 | $35.75

■ 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 11,045 | $15.61

Ophthalmic Laboratory Technicians 1,555 | $16.05

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

105


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. New additions to the industry ecosystem in the last couple of years include Uber Elevate, and an Amazon Air hub at Alliance Airport.

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

11

11

60

10,300760

5 60

15760

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

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

Aerospace Engineers 3,226 | $58.81

Electrical Engineers 4,935 | $47.45

Electronics Engineers, Except Computer 4,902 | $54.93

Mechanical Engineers 5,916 | $45.67

2020


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 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 JetSuite . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled 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 Texas Air Composites, Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . Maintenance & repair services Triumph Aerostructures, LLC . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft

Industry

Establishments

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

4,206

104

33,383

Air Transportation

145

38,724

Support Activities for Air Transportation

272

12,445

12

53

Satellite Telecommunications Flight Training Total

Aerospace Engineering and Operations Technicians 375 | $25.84

2020

Avg. Employment

19

Aerospace Product and Parts Manufacturing

Aircraft Mechanics and Service Technicians 8,191 | $33.09

Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 2,025 | $30.15

48

1,903

600

90,714

Assemblers and Fabricators, All Other, Including Team Assemblers 27,123 | $13.78

INDUSTRY | AVIATION AND AEROSPACE

Major Aerospace Companies

Machinists 5,412 | $19.80

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

107


INDUSTRY | HOSPITALITY

Hospitality

Major Annual Events by Attendance

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.

Canopy by Hilton Dallas Uptown Canvas Hotel Fairmont Dallas Four Seasons Resort Dallas at Las Colinas Gaylord Texan Resort & Convention Center Great Wolf Lodge Grapevine Hilton Anatole Hilton Dallas Lincoln Centre Hilton Dallas Plano Granite Park Hotel Crescent Court Hotel ZaZa Dallas Hyatt Regency Dallas Hyatt Regency DFW International Airport Hyatt Regency North Dallas Richardson InterContinental Hotel Dallas Le Meridien The Stoneleigh Lorenzo Hotel Magnolia Dallas Downtown Marriott Dallas Addison Quorum By The Galleria

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 Cambria Hotel & Suites

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

Richardson Wildflower Festival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000 Big 12 Conference Football Championship . . . . . . . . . . . . . . . . . . . . . . . . . . 65,191

Omni Dallas Convention Center Hotel

North Texas Irish Festival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60,000

Omni Fort Worth Hotel

All-Star National Cheerleading Championship . . . . . . . . . . . . . . . . . . . . . . 54,538

Omni Mandalay Hotel at Las Colinas Renaissance Dallas at Plano Legacy West Hotel

Goodyear Cotton Bowl Classic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,365 Addison Oktoberfest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000

Renaissance Dallas Hotel

Fan Expo Dallas Comic Con. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,898

Renaissance Dallas Richardson Hotel

Dallas Dia de los Muertos parade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Dallas International Film Festival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,000

Ritz-Carlton Dallas Rosewood Mansion on Turtle Creek Sheraton Hotel Dallas

Recent Major Events by Economic Impact

The Adolphus, Autograph Collection

Event . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Direct Spending

The Ashton

GoodYear Cotton Bowl Classic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $49,252,699

The Highland Dallas, Curio Collection by Hilton

Red River Showdown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,201,961

The Joule

National Cheerleaders Association National Championship . . . . . $42,335,416

The Statler Hotel Dallas, Curio Collection by Hilton

Dr Pepper Dallas Cup . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$38,257,757

The Worthington Renaissance Fort Worth Hotel W Dallas - Victory

Mary Kay Annual Seminar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $37,059,052 American Thoracic Society International Conference . . . . . . . . . . . $34,821,830

Marriott Dallas Fort Worth Hotel & Golf Club at Champions Circle

Warwick Melrose Hotel Dallas

Specialty Graphic Imaging Association Printing United . . . . . . . . . . $31,783,331

Westin Dallas Downtown

Texas FFA Association Annual Convention and Trade Show . . . . . . .$15,403,134

Marriott Dallas Fort Worth Solana

Westin Dallas Fort Worth Airport

UIL Spirit State Championship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $11,288,326

Marriott Dallas Plano at Legacy Town Center

Westin Dallas Park Central

American Cheerleaders Association National Championships . . . . $8,226,986

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

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

2020


INDUSTRY | HOSPITALITY

DFW is the Most Visited Metropolitan Area in Texas

15

16

Nearly 340,000 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

14,824

Meeting and Exhibition Facilities 1 2 3 4 5 6 7 8 9 10 11

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

338,637

Number of Advanced Services Businesses Number of Hospitality Businesses 11

40 60

216760

Other Civic and Convention Sites 12 13 14 15 16 17 18 19 20

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: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

Chefs and Head Cooks 2,276 | $24.59

2020

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

109


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 ■ 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. ■ 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

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

Fort Worth Alliance

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

Fort Worth Meacham International

■ 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 ■ U.S. Customs and Border Protection ■ Transload facilities immediately adjacent to intermodal yard planned

Centennial Yard

■ Container yard planned ■ Located within the 18,000-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

110

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 3,959 | $44.71

Shipping, Receiving, and Traffic Clerks 21,738 | $15.12

Stock Clerks and Order Fillers 54,048 | $13.15

Assemblers and Fabricators, All Other, Including Team Assemblers 15,929 | $18.55 2020


INDUSTRY | LOGISTICS

McKinney National Airport

Kansas City Southern Wylie Rail Yard

Addison Airport

D/FW 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

■ Unsurpassed access to Interstates 20, 35 and 45

Union Pacific Dallas Intermodal Terminal

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

Lancaster Regional Airport

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

Railport

■ Triple Freeport availability ■ 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: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed

Inspectors, Testers, Sorters, Samplers, and Weighers 65,684 | $21.43

2020

Heavy and TractorTrailer Truck Drivers 22,670 | $17.26

Light Truck or Delivery Services Drivers 23,284 | $15.68

Industrial Truck and Tractor Operators 83,753 | $13.88

Laborers and Freight, Stock, and Material Movers, Hand 14,090 | $11.72

Hand Packers and Packagers 23,276 | $10.75

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

111


As the third fastest growing city in America, Dallas has made significant investments in the heart of the city from infrastructure and safety to technology and transportation that make it one of the premiere urban destinations for business and residential relocation. So when are you waiting for? See what Downtown Dallas has to offer you and your business now.

downtowndallasnow.com


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

2020

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 | 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 23 Fortune 500 company headquarters (Core-Mark will make 24 when the newest list is released this summer), and 43 headquarters among the Fortune 1000. In 2019, Charles Schwab announced they, too, will relocate to DFW. 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, quality of the workforce, and ease of navigation between cities and corporate centers. Scanning the roster of major employers located here, it’s easy to see the breadth and depth of the business community, from high-tech industry leaders, telecommunications, logistics, and finance to consumer brands that ease 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 weak business cycles.

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

Brinker International

Hunt Consolidated/Hunt Oil

CEC Entertainment

Luminant

Cinépolis

Matador Resources Oncor Electric Delivery Pioneer Natural Resources Range Resources

Cinemark Holdings ClubCorp Holdings CorePoint Lodging Dave & Buster’s

Reliant Energy

Del Frisco’s Restaurant Group

TXU

Fiesta Restaurant Group

U.S. Lime & Minerals

Hilton

Eagle Materials

Vistra Energy

Hotels.com

Entact

Education & Health Care

Builders Firstsource Centex Corporation D.R. Horton

Fluor Corporation Green Brick Partners Hill & Wilkinson Invitation Homes Legacy Housing Lehigh Hanson Company 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 Energy Transfer

Lone Star Park La Madeleine LSG Sky Chefs USA

Abbott Laboratories

Pei Wei

AMN Healthcare

Pizza Hut

Axxess Baylor Scott & White

Six Flags Entertainment Park

Blue Cross Blue Shield of Texas

Smoothie King Texas Motor Speedway

CareNow

Top Golf

Children’s Health

Manufacturing

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

Airbus Helicopters Alcon Laboratories American Leather Arcosa AZZ Inc Bell Helicopter Bimbo Bakeries USA Borden Dairy Celanese Corporation Cisco Systems Commercial Metals Dal-Tile

Exxon Mobil Corporation

Leisure & Hospitality

FTS International

American Airlines Center

Diodes

Halliburton

AT&T Stadium

Encore Wire Corp

EnLink Midstream Partner

114

HollyFrontier

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

Darling Ingredients Dean Foods

2020


2020

Financial Activities AAA Texas Alkami Technology Allstate Associa Bank of America BBVA Capital One Auto Finance CBRE Charles Schwab Citigroup Comerica Elevate Credit Inc Federal Reserve Bank of Dallas Fidelity Investments FirstCash Globe Life GM Financial Goldman Sachs 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 Conifer Health Solutions CoreLogic CROSSMARK CyrusOne Deloitte DXC Technology Exela Technologies EY FedEX Office Freeman Company HKS IBM Intuit Jacobs Engineering KPMG McAfee Microsoft NTT Data PwC RealPage Ryan Sammons Enterprises Thomson Reuters Corp Thryv T-Mobile Tyler Technologies Verizon Communications Weaver

Trade & Transportation

BNSF Logistics BNSF Railway Boeing Global Services Container Store Group Copart USA Core-Mark Dallas Love Field DFW International Airport FedEx Gamestop Greyhound Lines Hilti North America J.C. Penney Kroger Match.com McLaren 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

Ericsson Essilor Farmer Brothers Flowserve Corporation Forterra Fossil Group Frito-Lay Fujitsu Network Communications General Motors Integer Holdings Interceramic Interstate Battery Justin Brands Keurig Dr Pepper Kimberly-Clark Kronos Worldwide Kubota L-3 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 At Home Group Ben E Keith Company

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

115


BUSINESS & ECONOMY | TOP EMPLOYERS

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

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

EY

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 L-3 Technologies Lowe's Companies

116

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

2020


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

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

2020

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

117


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 (2019) Metropolitan Area

Beijing, China Tokyo, Japan New York, NY Paris, France Seoul, South Korea London, Britain Chicago, IL Toronto, Canada Zurich, Switzerland Hong Kong, China Osaka, Japan San Jose, CA Shenzhen, China Washington, DC Houston, TX Madrid, Spain Minneapolis, MN Shanghai, China Dallas-Fort Worth, TX Taipei, Taiwan Atlanta, GA Hangzhou, China Moscow, Russia Mumbai, India Munich, Germany

43 Fortune 1000 Headquarters in Dallas-Fort Worth (2019)

Companies

57 36 22 19 14 12 10 8 8 7 7 7 7 7 6 6 6 6 5 5 4 4 4 4 4

Grapevine / Southlake / Coppell GameStop Sabre Mr. Cooper

Denton

3

Sally Beauty #635 35W

#346 #641 #897

Irving Exxon Mobil* McKesson* Fluor Kimberly-Clark Pioneer Natural Resources Vistra Energy Celanese Michaels Cos. Commercial Metals Flowserve Darling Ingredients Nexstar Media Group

#2 #7 #164 #171 #333 #337 #426 #523 #545 #645 #699 #804

820

360

20

Fort Worth

Forbes Top Private Companies (2019)

American Airlines Group Range Resources

Rank

Company

City

55 74 95 109 120 122 159 170 185 195

Republic National Distributing Co. Sammons Enterprises Neiman Marcus Group Hunt Consolidated/Hunt Oil Ben E Keith Mary Kay Golden Living Freeman SRS Distribution Austin Industries

Grand Prairie Dallas Dallas Dallas Fort Worth Addison Plano Dallas McKinney Dallas

#68 #716

Arlington D.R. Horton

#194

35W

* Fortune Global 500 Companies Source: DRC Research; Fortune Magazine; Forbes Magazine

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2020


(2019)

McKinney Globe Life

56

#595

New York

Plano 75

35E

121

J.C. Penney Yum China Holdings Alliance Data Systems Cinemark Holdings Rent-A-Center

54

#261 #362 #390 #724 #830

California

49

Richardson Lennox International Fossil Group

190

Texas

#637 #847

36

Dallas-LBJ Corridor Texas Instruments Brinker International Atmos Energy Valhi

Illinois

#199 #737 #742 #959

24

30 635

Ohio

Dallas Love Field

183

Southwest Airlines

0

#142

21

30

Virginia

12

Downtown Dallas

U.S. Metropolitan Areas with the Most Fortune 500 Headquarters (2019)

20

(CBD & Uptown)

AT&T*

#9

Energy Transfer

#59

Tenet Healthcare

#172

HollyFrontier

#175

175

Seattle / Tacoma / Bellevue, WA

11

Jacobs Engineering Group #208

67

Dean Foods

#393

Builders FirstSource 35E

#394

EnLink Midstream

#396

Neiman Marcus Group

#549

Comerica

#674

Primoris Services

#774

Trinity Industries

#854

2020

BUSINESS & ECONOMY | FORTUNE 1000

States with the Most Fortune 500 Headquarters

San Francisco / Oakland / Hayward, CA

19

45

San Jose / Sunnyvale / Santa Clara, CA

19

Detroit / Warren / Dearborn, MI

Minneapolis / St. Paul / Bloomington, MN-WI

10

16 Denver / Aurora / Lakewood, CO

10

Los Angeles / Long Beach / Anaheim, CA

13

New York-newark Jersey City, NY-NJ-PA

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

68

13

BridgeportStamford-Norwalk,CT

9

Chicago / Naperville / Elgin, IL-IN-WI

Boston-Cambridge / Newton, MA-NH

33

Dallas / Fort Worth / Arlington, TX

23

12

St. Louis, MO-IL

9

Houston / The Woodlands / Sugar Land, TX

22

Washington / Arlington / Alexandria, DC-VA-MD-WV

16 Atlanta / Sandy Springs / Roswell, GA

16

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 | 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 included 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 well-known industry leaders like Toyota, McKesson, NTT Data, and Jacobs. 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 office space.

California Acacia Research Group LLC Accentcare of Washington, Inc. Active Network, LLC Ameriflight, LLC Astura Medical C & S Propeller LLC Caliber Bodyworks Psa of Texas, Inc. 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 Jetsuite, Inc.

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Sample of Headquarter Relocations to Dallas-Fort Worth, 2010-2018 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

KVP International Kubota Tractor Corp. Loandepot.com, LLC McKesson Corporation MedeAnalytics 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

2020


New York

Addus HomeCare Corporation BL Restaurant Operations, LLC Boeing Global Services Ferris Manufacturing Co. Neovia Logistics Services, LLC Top Golf USA Inc.

Massachusetts

Greatbatch (Interger Holdings) HMS Holdings Steward Health Care System LLC Imagine Communications Corp. VCE L3 Technologies, Inc. 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 2020

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, the outstanding medical care offered here, 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 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

121


BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS

Sample of Recent Dallas-Fort Worth Expansions and Relocations 2019 Announcements 1

McLaren Automotive announces relocation of regional HQ from NYC to Coppell

13

Samsung opens new 300K sf manufacturing and distribution facility in Irving creating 320 jobs

25

Cognizant Technology Solutions, NJbased consulting company, will lease 69K sf facility and create 500 jobs in Plano

2

OYO Hotels relocates US HQ to Uptown in Dallas occupying 20K sf in One McKinney Tower

14

The Boeing Company announces $100M investment at 605K sf facility in Irving

26

3

Uber announces plans to lease 450K sf to accommodate 3,000 employees for regional hub in downtown Dallas

15

Astura Medical, a spine technology firm, announces move from CA to new 70K sf Irving HQ

FundBox, CA fintech company, announces HQ relocation from San Francisco to Plano

27

4

Goodyear Tire & Rubber locates 1.2M sf distribution center in Forney

16

Flowserve, multinational industrial machinery company, expands lease to 202K sf and adds 175 jobs in Irving

JPMorgan Chase plans to construct $100M, 540K sf tower housing 4,000 workers in Plano

28

5

Chip 1 Exchange, electronic components distributor, relocates NA HQ from CA to Fort Worth

17

Mars Confectionary expands into 1.5M sf distribution center, investing $125M and creating 1,500 jobs in Irving

Samsung SDS, information technology subsidiary of Korea-based Samsung, leases 24K sf office in Plano to expand operations

29

6

Mid State Distribution, farm and ranch supply wholesaler, relocates HQ from MN to Fort Worth with 100 jobs

18

VariSpace, coworking and office furniture company, invests $33M in 424K sf multitenant office building

USAA opens new 150K sf office building to accommodate up to 800 new jobs in Plano

30

7

KT&G USA, Korean lifestyle company, opens 73K sf distribution center and US HQ in Fort Worth

19

Louis Vuitton opens new 100K sf manufacturing facility in Keene creating 400 jobs

European Wax Center, beauty and lifestyle company, announces relocation of HQ from FL to Plano bringing 125 jobs

31

8

Panoramic Doors announces manufacturing facility and HQ relocation from Oceanside, CA to Fort Worth bringing 100 jobs

20

Raytheon expands operations with $5B new facility and 500 high-tech jobs in McKinney

Texas Instruments plans $3.1B in capital investments and 480 new jobs for facility expansion in Richardson

32

Team ProMark, sports merchandiser, Moves HQ and fulfillment center from CO to Fort Worth

21

SRS Distribution invests $23M in new HQ facility creating 160 jobs in McKinney

Hedera Hashgraph, distributed ledger startup, selects Richardson’s Telecom Corridor for global HQ

33

22

Eternity Technologies, UAE-based battery cell manufacturer, opens 40K sf facility in Sherman

Quality Custom Distribution, food distributor to major restaurant chains, will move HQ from Irvine, CA to Frisco

KVP International, CA medical device company, announces 120K sf operations facility and 110 jobs in McKinney

34

23

AeroMax Industries, CA aerospace company, relocates HQ to Tarrant County

Waterlogic USA announces NA HQ relocation from DE to Grapevine bringing 164 jobs and $1.6M in capital investment

Sally Beauty Supply adds new 500K sf distribution center near Alliance Airport creating 270 jobs

35

24

Stanley Black & Decker announces 1.2M sf distribution center and 500 new jobs in Northlake

Charles Schwab announces HQ relocation from San Francsico to its Westlake campus after $26B acquisition of TD Ameritrade

9

10

11

12

Allstate announces $30M expansion and 1,300 new jobs in Irving

34

2018 Announcements Company Airbus Helicopters

37

Amazon

38

Amazon Air

39

AMN Healthcare Services

40

Baicells Technologies

41

Basis Technology

42

C2 Wireless and Accessories

43

Cardtronics

44

Charles Schwab

45

Cimpress N.V.

46

Core Construction

47 48

1,500 650

Company

Number of Jobs Created

49

DJO Global

50 51 52

Goodyear

53

Infosys

30

Company

120

62

Ollie's Bargain Outlet

Emerald Transformer

15

63

Onrobot A/S

Fisher59

67

64

Pacific Dental Services

160

65

Paycom Payroll

500

66

Payless Shoesource

67

Peloton Interactive

400

68

PGA of America

100

100

69

Preferred Climate Solutions

15

70

Quest Window Systems

320

30

71

Roland Technology Group

130

72

Sabert Corporation

125 100

100

54

Jetsuite

35

55

L3 Technologies

170

56

L3 Technologies

3,000

57

Labelcraft Products

600

58

Lineage Logistics

97

59

McKesson Corporation

Core-Mark

100

60

Medallion Midstream

95

73

Sam's Club

Dealersocket

380

61

MedeAnalytics

30

74

Smoothie King Franchises

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

35 253 1,000

3

60

2020

Source: DRC Research

122

36

Number of Jobs Created


20

44 46 43 68

50 21

82 10 30 25 27 85 26 29 80 75 24 44 35

38

47

7 9 6

5 77

84

55

78 49 65 69 41 11 1 14 12 74 15 48 39 59 18 60 16 63 13 17 54 8 64 73 42 3 2 66 37 76

BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS

23 51 79

22

83

67

40 71 56 28 31 32 53 61

70

58 4 52

36

57

45 81 62

19

Company

Number of Jobs Created

75

Spruce Holdings

76

Steward Health Care System

77

Texas Health Resources

78

Thirty-One Gifts

2020

Company

Number of Jobs Created

Company

50

79

U.S. Cold Storage

67

83

WatchGuard Video

100

80

Visual BI Solutions

100

84

Watts Water Technologies

81

VM Innovations

85

Wipro

82

Walmart

650

Number of Jobs Created 200 150

50

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

123


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 (Total Establishments)

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

93.8%

Mining (1,107)

70.6%

Utilities (256)

56.6%

Construction (11,315)

73.4%

Manufacturing (5,473)

50.7%

ď „ Wholesale Trade (9,484) ď „ Retail Trade (20,542)

M

I

Collin SBDC Serving: Collin County Area Hosting Agency and Satellites: Collin College 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 Navarro SBDC Serving: Ellis Freestone, Limestone and Navarro Counties Hosting Agency and Satellites: Navarro College; Waxahachie Satellite; Mexia Satellite; Fairfield Satellite North Central Texas SBDC Serving: Cooke, Denton and Montague Counties Hosting Agency and Satellites: North Central Texas College; Denton Chamber Satellite Tarrant SBDC Serving: Tarrant County Hosting Agency and Satellites: Tarrant County College; Arlington Chamber Satellite; UTA Satellite; North Richland Hills Satellite Source: North Texas SBDC Network

124

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

Micro

Fewer than 10 employees

OTHER

Small

10-99 employees

5.3%

Medium

100-499 employees

Large

More than 500 employees

0.0%

0.9%

2.6%

0.4%

7.8%

1.2%

2.1%

0.3%

40.4%

8.0%

0.9%

69.1%

28.2%

2.7%

0.3%

66.6%

29.9%

3.5%

0.0%

Transportation And Warehousing (4,462)

66.4%

27.4%

5.0%

1.2%

Information (3,159)

64.8%

29.0%

5.0%

1.2%

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%

26.4% 34.4% 24.2%

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%

2020


5 8 8

BUSINESS & ECONOMY | SMALL BUSINESS

12 7 3 15

4

12 11

2

16

9

11 15 17

1

10

6 5

2 14 6

13

1

3 13 9 4

7

14

10

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 17 companies in Dallas-Fort Worth made the Inc. 500 list in 2019 and a total of 189 companies were listed in the Inc. 5000 Rank 1 40 2 54 3 83 4 104 5 169 6 173 7 262 8 319 9 325 10 328 11 406 12 428 13 464 14 465 15 469 16 471 17 477

Company Allata QEO Group Asset Panda Go Energistics Valify Monkedia Premier Health Solutions TazKai Platt Cheema Richmond Koddi Newline Interactive Bailey’s Blossoms MapleMark Bank Vonlane Alkami Technology SandsRx Spotio

Revenue $15.2 million $58.8 million $5.1 million $14.4 million $3.1 million $17.4 million $8.5 million $2.8 million $2.3 million $27.3 million $32.7 million $5.9 million $7.5 million $14.2 million $52.3 million $42.9 million $3 million

3-Year Growth 6134% 4978% 3779% 3210% 2276% 2240% 1653% 1444% 1423% 1409% 1128% 1056% 968% 967% 958% 956% 924%

Industry IT System Development Insurance Software Construction Software Advertising & Marketing Insurance Education Real Estate Software Computer Hardware Retail Financial Services Logistics & Transportation Software Health Software

City Dallas Irving Frisco Dallas Frisco Irving Frisco Allen Dallas Fort Worth Plano Aurora Dallas Dallas Plano Wylie Dallas

Entrepreneur 360 15 companies in Dallas-Fort Worth made the Entrepreneur list in 2019 1 2 3 4 5 6 7 8 9 10 11 12 13 14

Sources: Inc. Magazine, Entrepreneur Magazine

2020

15

Rank 33 92 144 152 171 182 231 242 252 253 255 274 293 299 358

Company Uworld Tek Leaders Inc Cariloop Nexrage Studios 5 Tricolor Ironside Human Resources JP and Associates Enseo Pioneer Technologies Inc AVIO Consulting JW Logistics Elite Payroll and Staffing Services Smart City Locating 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 Richardson Irving Addison Frisco Haltom City Dallas Dallas

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

125


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 BuildingEnvelope (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.

126

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

2020


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

2020

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 Liechtensteinbased 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, off45 ering 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

127


BUSINESS & ECONOMY | FOREIGN DIRECT INVESTMENT

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

un ic a tio ns

m

Es Rea ta l te Co m

Be Fo ve od ra & ge s

0

EqIndu uip st m rial en t Fin Se an r v ci a i ce l Tr s a & ns W p ar or eh ta ou tio Bu sin n sin g es & sM Eq ac uip hi m nes en t

1,000

So IT ftw Se ar rv e & i ce s Bu s S e in r v ess i ce s Au to m ot OEive M

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

lia tra Au s

a in

So

ut

Ch

rla tze Sw i

hK or ea

nd

a di In

ce Fr an

an Ja p

an y rm Ge

na

da

0

Ca

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

a di In

So Ko uth re a

ce Fr an

UA E

o M ex ic

Ki Un ng ite do d m

an y rm Ge

da na Ca

a in Ch

Ja p

128

Source: fDi Markets

an

0

2020


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 Tract (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

2020

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

129


BUSINESS & ECONOMY | GLOBAL TRADE

Global Trade According to the International Trade Administration, the Dallas metropolitan area was the 8th largest export market in the U.S. in 2018 (lastest data available), with merchandise shipments totalling $36.3 billion. This accounts for 12.5 percent of Texas goods exports. 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 Germany, China, Japan, Korea, United Kingdom, France, Singapore, Taiwan, and Vietnam. 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 2019 Top Trading Partners—DFW Trade District

Canada $3.4 Billion

32.5% Exports 67.5% Imports

4.1% Exports 95.9% Imports

United Kingdom $3.0 Billion

DFW Trade

Total Value of Goods in U.S. Dollars

$79.5 Billion 31.9% Exports 68.1% 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 (2019)

$0.2

South/Central America

$0.5

Australia and Oceania

$0.6

OPEC

$0.9

LAFTA

$1.0

ASEAN

Source: USA Trade Online

Africa

$3.6

European Union

$6.2

NATO

$6.3

NICS

$8.5

OECD

$13.5

APEC

$16.5

Asia

$16.9

All Nations $0

130

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

$25.4

$5B

$10B

$15B

$20B

$25B

2020

$30B


France $2.2 Billion

Germany $2.6 Billion

Vietnam $10.2 Billion 4.9% Exports 95.1% Imports Japan $4.1 Billion

40.6% Exports 59.4% Imports

36.0% Exports 64.0% Imports

45.8% Exports 54.2% Imports

BUSINESS & ECONOMY | GLOBAL TRADE

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 LAS), while US International Trade Administration reports exports from port of origin.

South Korea $8.4 Billion

Trade Deficit

45.6% Exports 54.4% Imports

Trade Surplus

Taiwan $4.1 Billion

64.7% Exports 35.3% Imports

Singapore $1.9 Billion

71.7% Exports 28.3% Imports

China $18.5 Billion

13.3% Exports 86.7% Imports

Trade Sectors

DFW Trade with Target Markets* Trade Value (In Billions)

Aircraft Products & Parts

$8.6

Motor Vehicles

$3.4

Oil & Gas Extraction

$2.7

14.8%

5.8%

Mexico

$1.016 Billion

Canada

$3.381 Billion

Australia 4.7%

$699.6 Million

Spain

Petroleum & Coal Products

$2.6

Management & Consulting

$2.2

2020

% of DFW Export

4.4%

3.8%

$267.0 Million

55.3% Exports 44.7% Imports

4.1% Exports 95.9% Imports

64.7% Exports 35.3% Imports

65.5% Exports 34.5% 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: China, France, Germany, Japan, South Korea and the United Kingdom.

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

131


SHERMAN, TEXAS Top 12 Texas Cities Everyone In The Country Is Moving To -Business Insider

sedco.org

Top 10 Lowest Cost of Living

500+ Acres of Industrial Land Available 5% CAPEX Cash Rebate Incentives Abundant Water Supply Robust Infrastructure Rail Served Sites Streamlined Permitting 1 Mile from Interstate Quality U.S. Hwy 75 40 Miles North of the DFW Metroplex 1 Hour from DFW & Dallas Love Field Airports 100K+ Tri-County Workforce State & Community Supported Workforce Development

-Business Facilities' 2019 Metro Rankings Report

903.868.2566

WHERE OPPORTUNITIES ARE WITHOUT LIMITS FORNEY, TEXAS

OFFICE, RETAIL AND MEDICAL SITES AVAILABLE STRONG UTILITY AND TRANSPORTATION INFRASTRUCTURE 6TH FASTEST GROWING CITY IN NORTH TEXAS (Dallas Business Journal) EASY ACCESS TO U.S. HWY 80 AND INTERSTATE 20

$90K

Median Household Income

62K+ Area Population

600+

Acres of Industrial Land Available

FORNEY ECONOMIC DEVELOPMENT CORPORATION INFO@FORNEYTEXASEDC.ORG WWW.FORNEYTEXASEDC.ORG 972-564-5808 132

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

2020


Innovation

Photo: Michael Samples

The Innovation Ecosystem Innovation Districts Centers of Excellence

2020

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

133


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 Criterion 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.

134

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

2020


The Forge

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

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 City Central

Varispace Solera R3PI

Sabre Innovation Hub

Spaces GameStop Technology Institute The Maker Spot

Venture X

COWORKING

Spaces Samsung Research America

INCUBATOR OR ACCELERATOR

TheLab.ms

HopeHub City Central

Common Desk

Nod

CORPORATE INNOVATION OR EXPERIENCE CENTER MAKERSPACE

!

Venture Development Hexa Center (UTD) Addison Treehouse Blackstone LaunchPad The Drawing Board Dallas Collide Village UTDesign Makerspace Makerspace Business Lounge Dallas IBM Innovation Common Desk Center ! TI Kilby Labs VET Program Venture X Microsoft Revolving Kitchen Essilor Technology ! Center Innovation Center

Collective Office

BOSS Office LIFT

Rockwall Openspace

Rockwall Makerspace

ATOS Business Technology & Innovation NEC Center Executive Intelligent Office Varispace Briefing Center Venture X

DFW Global CoWork WeWork Tech Venture X Moneygram Innovation Lab WeWork Wildcatters Engage Parkland Center for SMU Incubator SMU DIG Clinical Innovation DFW Excellerator (PCCI) Spryrocket The Study, Irving The Mix Biocenter at UTSW ! Capital Factory + DEC Innovation Center The Riveter ! Luminesce Children’s Health Work214 Innovation Lab The Slate Venture X The Work Lodge

NTEETC

!

!

The Kessler Co-Op

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

Arts Mission Oak Cliff

Her.HQ Tyler-Station Wax Space Women Veterans’ Enterprise Center

NuvoDesk

Paul Quinn College

UNTD Red Bird Entrepreneur Center The Office at Cedar Hill The Office in Mansfield

Industrious

Hana

WeWork

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 Accenture Dallas Digital Studio

CBRE Innovation Center Kings Club 717 Harwood Health Wildcatters Cause Studio

WeWork WeWork Labs

RevTech

Novel

Spaces

GeniusDen

Common Desk

CoLab AT&T Executive Briefing Center / Discovery District

USPTO Regional Office

Impact House Goodwork

30

The Cedars Union

Acme Creation Lab

2020

45 Bill J. Priest Institute

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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INNOVATION | INNOVATION DISTRICTS

Dallas Love Field

Dallas Urban Innovation Corridor

3.4 MILES AWAY

Medical District and UT Southwestern

The Riveter The Centrum Capital Factory The DEC SnapChat RewardStyle Glass-Media UT McCombs MBA at Dallas/Fort Worth Campus

3.1 MILES AWAY

A premier academic medical center with six Nobel Prize winners since 1985.

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.

Old Parkland Perot Companies Calyx Technology Reverchon Park

Cedar Sprin gs Rd

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.

Old Parkland

nney

Ave

The Crescent and Old Parkland

McKi

InfoMart (Peering Point)

il Tra y t Ka

Cyrus One

The Crescent

Zinwave

WeWork

Pandora

Pa rk

Spaces

W ar re n

Salesforce

Kl yd e

Envy Gaming

The West End

Hana

Stackpath WeWork Extreme Reach

LL

RO

D

G

ER

S

Gold Com

DA O FactorySix03 O EY C1 Innovation Lab W The collection of historic Cybersecurity Sam’s Club Innovation Center buildings is home to Dallas’ Center Vision 2 Systems Bestow most innovative ideas. Common Desk Centrl Office The neighborhood is a Alto MVP Index IBM growing residential district Medecision

The West End

with corporate innovation centers, creative firms, and high-growth startups. It also serves as a “living lab” of smart cities technologies powered by the world’s biggest companies like AT&T, Cisco, and Ericsson.

Accenture Digital Studio West End

Square Park

RevTech

United Way’s Roboki Social Innovation We Accelerator WeWork Gig

Tech Wildc Beck Techn

Broadjump

Belo Garden

El Centro College Coding Dojo

136

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

USPTO Regional Office

2020

400 S. A (Peering P


SMU

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

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:

ZixCorp

Arlington Work214 ISN Software Bluebeam Venture X

The Esports Stadium Arlington Gaming Center is the largest dedicated esports facility in North America, hosting major tournaments and the opening weekend of the local Overwatch League team, the Dallas Fuel. The City owns the esports stadium and its equipment. Events are booked and managed by NGAGE Esports.

The Centrum

A hub of innovative thinking, The Centrum is home to the Capital Factory and Dallas Entrepreneur Center, providing coworking, education, mentorship, and access to capital. Highgrowth businesses have offices here, including Snapchat and RewardStyle.

Denton

The Centrum

k

Uber

FR

E

Uber announced in August 2019 that they will bring 3,000 people to The Epic development on the edge of Deep Ellum. This will be Uber’s second largest office outside of San Francisco.

Charlie Uniform Tango Industrious Kanarys General Assembly

AY W E

Serendipity Labs

ind

WeWork k Labs gWage Traxo catters nology

Pacific Plaza

AT&T Discovery District The Epic Uber Spaces

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

Akard Point)

DevMountain 2020

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 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

dman Sachs mmon Desk Active Network Omnitracs Cvent Kibo Roofstock ReelFX

INNOVATION | INNOVATION DISTRICTS

SMU

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

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.

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 The Richardson 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 nano-tech labs operated by LINTEC and Zyvex. Honeywell manufacturers 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.

138

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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Direct rail to DFW Airport 13th-largest city in U.S. State-of-the-art office space Top 5 fastest growing city1 60+ colleges and universities Among best large cities to start a business2

DOWNTOWN FORT WORTH

FW the

IN DFW

Discover DFW’s premier office address. To learn more, visit dfwi.org/more 1U.S.

2020

Census 5/23/19, 2WalletHub, 5/6/19

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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.

L3 is investing $18 million to expand its Advanced Systems & Technologies facility. The facility will grow from 49K to 84K square feet when the project is completed, and the headcount will increase to 420 from 320.

140

Raytheon is opening a 200K square foot factory in McKinney in 2020. 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 is building a $100 million next-generation smart manufacturing factory in Lewisville. The state-of-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.

2020


Uber is testing its self-driving cars on Dallas streets, the first community in Texas to adopt the Uber platform. The recently announced regional office will house 3,000 employees.

Rendering of Uber’s regional office in Dallas

Alkami, a Plano-based banking solutions firm, is one of the fastest growing fintech firms in the country with 130 financial institutions and 6M users on its platform.

FedEx Office is testing its Same-Day Bot, a robot making on-demand, local deliveries in Plano and Frisco. UT Dallas has partnered with Starship Technologies to bring 30 robots to campus for autonomous deliveries of food, drinks, and snacks to students. Kodiak Robotics, the selfdriving semi-truck company set up operations in Lancaster

to test long-haul trips between Dallas and Houston.

“Do-Tank” by leveraging the AllianceTexas Platform.

Hillwood is creating the AllianceTexas Mobility Innovation Zone to convene corporations, startups, academics, and policy makers to create a mobility innovation

Dallas Fort Worth International Airport is using autonomous vehicles to transport passengers from remote parking lots to shuttles.

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. 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.

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, and the world’s first convenience store, opened a lab store in Dallas in 2019 to test out innovations in the retail space with two new locations announced for 2020.

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.

2020

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

Autonomous Vehicles

Charles Schwab announced it will relocate their HQ from San Francisco to a new 1.2M square foot Westlake campus with the capacity to house up to 7,000 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 has a 150K square foot hub at the Galleria Tower in Dallas and is growing. Microsoft operates a campus and Microsoft Technology Center in Las Colinas, one of their largest hubs in the U.S. A recent $31 million investment in its facilities 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

142

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 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.

2020


Explore The same landscape that fosters our largest companies also spurs explosive growth in our smallest. It’s easy to find support through one of our many coworking spaces, incubators and accelerators, makerspaces, and innovation centers.

Meet + Learn Our region is abuzz with a wealth of organizations, events, and resources that foster innovation and support entrepreneurial endeavors.

Follow the Money Texas is home to every stage of capital that a growing company may need. Angel investors, family offices, venture capital, and private equity firms are looking to find and invest in great companies.

Successes Hard work is rewarded here, and we celebrate our wins. Who are those companies that are finding funding or having a big exit? We’re tracking what’s happening in DFW so you can join the party.

Guide.DallasInnovates.com 143


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YOU CALLUS USHOME HOMETOO TOO YOUWILL WILLWANT WANT TO TO CALL

Burleson establishingaastrong strongreputation reputation as an attractive location to work live, work Burlesonis isa dynamic a dynamiccommunity community establishing as an attractive location to live, andand play. byimpressive impressivearchitecture, architecture, well-visited stores and hospitality play.Our Ourpast pastisisalive aliveand and highlighted highlighted by well-visited stores and hospitality focused futureisisblossoming blossomingwith with large small development projects, focusedrestaurants restaurantsininOld OldTown. Town. Our Our future large andand small development projects, an an expanding theart artrecreational recreationalfacilities. facilities. Burleson a progressive city buzzing expandingbusiness businesspark parkand and state state of the Burleson is a isprogressive city buzzing with positive and business businessowners ownersalike alikeareare proud to call Burleson “home.” with positivemomentum, momentum,residents residents and proud to call Burleson “home.” ecodev@burlesontx.com ecodev@burlesontx.com

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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 Opportunity Zones State and Local Incentives

Photo: Szepy via iStock

n

Costs & Incentives

2020

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

145


COSTS & INCENTIVES | COST OF DOING BUSINESS  Seattle (107.3)

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 (174.0)

 Denver (101.3)

 Los Angeles (116.4)  Phoenix (102.8)  San Diego (134.0)

Fort Wo (9

Austin (102.2)

 San Antonio (88.6)

Fort Worth Metro Division 102 100

96

92

85

60

$

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

$

146

Los Angeles

83

99

$

99

63

$

2020


) 

 )

COSTS & INCENTIVES | COST OF DOING BUSINESS

orth 91.7)

Cost of Doing Business

100=U.S. Average

 Boston (127.3)  Minneapolis (101.8)

 New York (155.9)  Philadelphia (99.1)

 Chicago (99.4)

 Washington DC (112.7)

4% Lower

 Kansas City (96.2) Charlotte (87.2) 

Atlanta (92.1) 

The cost of doing business is 4% lower in dallas than the national average

 Dallas  (96.0) Houston (98.7) 

Dallas Metro Division

 Miami (113.5)

102 100

99

78

96

96

$

ENERGY

LABOR

TAX BURDEN

OFFICE RENT

OVERALL COST

Source: Moody’s North American Cost Review

New York

Seattle

San Diego

San Francisco

275

277

206

215 156 103

95

93 1040

2020

124

107

107

102

200 108

121 134

1040

100

89

79

$

144

120

$

1040

$

1040

$

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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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 Electronic Apparatus Manufacturing

$0.85

Fabricated Products

$2.14

Machinery Manufacturing

$2.66

Metal Goods Manufacturing

$3.48

Sales and Service Hospital Professional Employees Office Worker

What People in Dallas-Fort Worth Earn

Management

Legal

205,294 | Total Workers $102,519 | DFW Median $95,865 | U.S. Median

31,002 | Total Workers $94,771 | DFW Median $81,145 | U.S. Median

Business and Financial Operations

Education, Training, and Library

224,670 | Total Workers $72,801 | DFW Median $68,390 | U.S. Median

203,399 | Total Workers $53,684 | DFW Median $48,556 | U.S. Median

Computer and Mathematical

Arts, Design, Entertainment, Sports, and Media

152,583 | Total Workers $90,141 | DFW Median $85,112 | U.S. Median

$1.76

70,490 | Total Workers $45,903 | DFW Median $47,264 | U.S. Median

Food Preparation and Serving Related

Construction and Extraction

327,483 | Total Workers $21,137 | DFW Median $22,961 | U.S. Median

190,520 | Total Workers $38,627 | DFW Median $43,916 | U.S. Median

Building and Grounds Cleaning and Maintenance

Installation, Maintenance, and Repair

130,233 | Total Workers $24,827 | DFW Median $26,559 | U.S. Median

163,019 | Total Workers $44,083 | DFW Median $44,866 | U.S. Median

Personal Care and Service 141,031 | Total Workers $21,262 | DFW Median $24,355 | U.S. Median

Production 201,723 | Total Workers $32,822 | DFW Median $34,865 | U.S. Median

$0.60 $0.12

Basis of Rates per $100 Payroll

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.

Architecture and Engineering 66,731 | Total Workers $86,342 | DFW Median $80,355 | U.S. Median

Life, Physical, and Social Science 16,552 | Total Workers $66,846 | DFW Median $66,933 | U.S. Median

Community and Social Service 42,791 | Total Workers $51,884 | DFW Median $44,575 | U.S. Median

Health Care Practitioners and Technical 199,270 | Total Workers $68,466 | DFW Median $66,986 | U.S. Median

Healthcare Support 89,809 | Total Workers $29,953 | DFW Median $29,816 | U.S. Median

Protective Service 74,214 | Total Workers $40,802 | DFW Median $40,849 | U.S. Median

Sales and Related 430,223 | Total Workers $31,533 | DFW Median $29,136 | U.S. Median

Transportation and Material Moving 307,326 | Total Workers $34,896 | DFW Median $32,904 | U.S. Median

Office and Administrative Support 647,689 | Total Workers $36,223 | DFW Median $35,659 | U.S. Median

Farming, Fishing, and Forestry 6,891 | Total Workers $22,426 | DFW Median $25,578 | U.S. Median

Source: Texas Department of Insurance

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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

2020


2019 Jobs

2020 Jobs

2021 Jobs

2022 Jobs

DFW Median

60,590

62,313

63,749

64,981

$107,048

8,972

9,320

9,615

9,865

$149,414

Financial Managers

14,636

15,281

15,835

16,325

$139,237

Accountants and Auditors

43,580

44,733

45,703

46,532

$76,075

Financial Analysts

10,804

11,119

11,382

11,610

$85,140

7,887

8,064

8,221

8,364

$69,434

Computer Systems Analysts

18,972

19,553

20,031

20,434

$91,696

Computer Programmers

9,230

9,320

9,371

9,394

$85,638

Software Developers, Applications

34,117

35,701

37,078

38,297

$110,925

Software Developers, Systems Software

11,870

12,238

12,543

12,801

$109,909

Database Administrators

4,557

4,665

4,754

4,831

$96,404

Network and Computer Systems Administrators

12,750

13,042

13,281

13,481

$89,285

Computer User Support Specialists

23,719

24,397

24,963

25,442

$48,669

5,916

6,074

6,205

6,314

$95,003

60,740

62,628

64,265

65,722

$73,717

First-Line Supervisors of Non-Retail Sales Workers

11,464

11,627

11,764

11,870

$68,452

First-Line Supervisors of Office and Administrative Support Workers

37,432

38,291

39,001

39,603

$58,884

Bill and Account Collectors

12,044

12,155

12,243

12,314

$36,615

Bookkeeping, Accounting, and Auditing Clerks

44,811

45,570

46,172

46,654

$42,642

Customer Service Representatives

95,821

97,638

99,085

100,280

$34,454

Loan Interviewers and Clerks

11,255

11,394

11,522

11,645

$45,411

20,605

21,330

21,942

22,470

$28,087

10,861

10,907

10,920

10,912

$59,502

102,592

104,052

105,183

106,069

$34,277

First-Line Supervisors of Production and Operating Workers

13,601

13,825

13,999

14,134

$63,651

Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers

10,852

10,729

10,588

10,439

$33,591

Assemblers and Fabricators, All Other, Including Team Assemblers

27,123

27,320

27,441

27,507

$28,667

Inspectors, Testers, Sorters, Samplers, and Weighers

15,929

15,972

15,977

15,958

$38,579

1,465

1,467

1,468

1,466

$36,132

Occupation

General and Operations Managers Computer and Information Systems Managers

Loan Officers

Mechanical Engineers Registered Nurses

Receptionists and Information Clerks Executive Secretaries and Executive Administrative Assistants Office Clerks, General

Semiconductor Processors

COSTS & INCENTIVES | WAGES AND SALARIES

Key Occupations in DFW Target Industries

Source: 2019.4 – QCEW Employees, Non-QCEW Employees, and Self-Employed 2020

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 | 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)

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

150

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

2020


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

2

0.00%

22.16%

26,244

57.87%

32.07%

Coal-Fired

8,310

18.33%

17.72%

Nuclear

3,581

7.90%

9.55%

0

0.00%

3.14%

7,210

15.90%

9.57%

Petroleum-Fired Natural Gas-Fired

Hydroelectric Other Renewables Total Net Electricity Generation

45,347 Source: Energy Information Administration

2020

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

151


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

$1.86

$5.36

4,001 TO 10,000

$4.00

$5.36

10,001 TO 20,000

$6.50

$5.36

20,001 TO 30,000

$9.30

$5.36

ABOVE 30,000

$10.75

$5.36

General Services

Water

Sewer

UP TO 10,000

$3.73

$4.11

ABOVE 10,000

$4.05

$4.11

Above 10,000 and 1.4 Times Annual Average

$6.15

$4.11

*Prices reflect prompt-pay discount and are effective Dec. 17, 2019 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

506,363

414,323

920,686

Oak Retreat ! Valley ! Mustang ! Angus !

Navarro

North Texas Municipal Water District

383,146

580,122

963,268

City of Fort Worth

282,992

257,766

540,758

Trinity River Authority

114,996

142,426

257,422

Upper Trinity Regional Water District

41,002

130,566

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

!

171,568

«

I

K J

152

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

972,726

! Malakoff Trinidad Kerens Goodlow ! TRINIDAD LAKE

!

O AZ

483,702

!

BR

489,024

!

!

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

2020


The Barnett Shale

Natural Gas Rates* Customer Charge per Month

Commodity Charge/McF

Residential

$21.25

$0.14351

Commercial (<3,000 AVG. McF/YR)

$44.50

$0.08284

Industrial

$837.25

$0.2344 to $0.0269

*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 Jan. 24, 2019 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

San Francisco Los Angeles Phoenix

Chicago Washington, D.C.

New York

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

2020

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 | TAXES AND UNION ACTIVITY

Taxes and Union Activity Increasing business costs combined with ever-constrictive regulatory environments contribute to the rise of a business’ 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

5.0

Atlanta

5.5

Dallas

5.8

Phoenix

5.9

Miami

7.2

Denver

9.7

Kansas City

10.2

San Diego

11.2

Philadelphia

13.9

Chicago

14.2

Boston

14.4

San Francisco

14.9

Los Angeles

16.3

Detroit

16.5

Minneapolis

16.8

Seattle

19.7

New York

21.8

0%

Sales Tax Rate State: 6 1/4% (0.0625) City: 1% - 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 must file and pay franchise tax, such as corportations, LLCs, banks, partnerships, and business associations. The tax does not apply to sole proprietorships, general partnerships with individual owners, nonprofits, or certain trusts, among others.

Texas Franchise Tax Rates

STATE BUSINESS CLIMATE RANKING

■ 0.75% (0.0075) of margin for most taxable entities earning $1.18 million or more ■ 0.375% (0.00375) for qualifying wholesalers and retailers ■ 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 1-800252-1381 or visiting https://comptroller.texas.gov/ taxes/franchise/

Texas does not collect 5%

10%

15%

20%

25%

% Employed workers covered by collective bargaining agreements

■ ■ ■ ■

Personal Income Tax (State or Local) Local Occupation Tax Local Wage Tax State Property Tax

Source: Current Population Survey (CPS) Outgoing Rotation Group (ORG) Earnings Files, 2018, compiled by unionstats.com

154

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

2020


COUNTIES Collin Dallas Denton Ellis Hood Hunt Johnson Kaufman Parker Rockwall Somervell Tarrant Wise

RATE 0.19224600 0.24310000 0.22557400 0.36377800 0.42801800 0.50850000 0.38470000 0.37482200 0.34238000 0.38799000 0.53750000 0.23400000 0.50000000

CITIES Addison 0.58350000 Allen 0.48900000 Anna 0.59128800 Arlington 0.62400000 Azle 0.65720400 Balch Springs 0.80300000 Bedford 0.56900000 Benbrook 0.62777000 Burleson 0.72000000 Carrollton 0.58997000 Cedar Hill 0.69702800 Celina 0.64500000 Chico 0.58000000 Cleburne 0.77320600 Cockrell Hill 0.94712600 Colleyville 0.30680700 Commerce 0.82000000 Coppell 0.58400000 Corinth 0.54500000 Crowley 0.68199200 Dallas 0.77660000 Decatur 0.64900000 Denton 0.59045400 Desoto 0.70155400 Duncanville 0.74344700 Ennis 0.72447300 Euless 0.46250000 Everman 1.08571300 Fairview 0.34715600 Farmers Branch 0.59950700 Fate 0.28065600 Flower Mound 0.43650000 Forest Hill 0.99287300 Forney 0.58000000 Fort Worth 0.74750000 Frisco 0.44660000

Garland 0.76960000 Glenn Heights 0.83352300 Granbury 0.39938500 Grand Prairie 0.66999800 Grapevine 0.28427100 Greenville 0.64216200 Haltom City 0.66576000 Heath 0.37932500 Hickory Creek 0.33040200 Highland Park 0.23000000 Highland Village 0.56302000 Hurst 0.59729900 Hutchins 0.68245900 Irving 0.59410000 Joshua 0.76527000 Kaufman 0.84865100 Keene 0.86782200 Keller 0.39990000 Kemp 0.75062800 Kennedale 0.73497000 Krugerville 0.38754100 Krum 0.64748900 Lake Dallas 0.64497000 Lake Worth 0.41357700 Lancaster 0.84092500 Lewisville 0.44330100 Little Elm 0.64990000 Lucas 0.30321600 Mansfield 0.71000000 McKinney 0.51560000 Melissa 0.60954100 Mesquite 0.73400000 Midlothian 0.68500000 Murphy 0.49500000 North Richland Hills 0.57200000 Parker 0.36598400 Plano 0.44820000 Princeton 0.67629900 Prosper 0.52000000 Providence 0.78742700 Red Oak 0.70364500 Richardson 0.62516000 Richland Hills 0.55855100 River Oaks 0.67451600 Roanoke 0.37512000 Rockwall 0.38790000 Rowlett 0.75717300 Royse City 0.62150000 Sachse 0.72000000 Saginaw 0.45900000

Sanger 0.67910000 Sansom Park 0.72220000 Seagoville 0.78880000 Southlake 0.41000000 Sunnyvale 0.45670000 Terrell 0.76420000 The Colony 0.66000000 Trophy Club 0.44644200 University Park 0.25854800 Watauga 0.58050000 Waxahachie 0.68000000 Weatherford 0.48790000 White Settlement 0.73224500 Willow Park 0.53670000 Wylie 0.68845400

Dallas County Community College [CCD] 0.124000 Dallas ISD 1.310385 Denton ISD 1.470000 DeSoto ISD 1.528350 Duncanville ISD 1.418300 Eagle MountainSaginaw ISD 1.518000 Ennis ISD 1.488350 Era ISD 1.140000 Everman ISD 1.390000 Farmersville ISD 1.209425 Ferris ISD 1.442749 Forney ISD 1.470000 Fort Worth ISD 1.282000 Frisco ISD 1.338300 Frost ISD 1.424300 Garland ISD 1.390000 Glen Rose ISD 1.039000 Godley ISD 1.470000 Granbury ISD 1.125000 Grand Prairie ISD 1.538350 Grandview ISD 1.196100 GrapevineColleyville ISD 1.326700 Greenville ISD 1.228481 Gunter ISD 1.518340 Highland Park ISD 1.165500 Highland Park ISD 1.103300 Hurst-EulessBedford ISD 1.220000 Irving ISD 1.305100 Italy ISD 1.412316 Joshua ISD 1.440000 Kaufman ISD 1.448300 Keene ISD 1.299400 Keller ISD 1.408300 Kennedale ISD 1.350000 Krum ISD 1.391830 Lake Dallas ISD 1.568300 Lake Worth ISD 1.568400 Lancaster ISD 1.528350 Leonard ISD 1.068350 Lewisville ISD 1.337500 Lipan ISD 1.368400 Little Elm ISD 1.538300 Lone Oak ISD 1.249272 Lovejoy ISD 1.568350 Mansfield ISD 1.460000 Maypearl ISD 1.219800 McKinney ISD 1.488350 Melissa ISD 1.568350 Mesquite ISD 1.450000

SCHOOLS Aledo ISD 1.493300 Allen ISD 1.458900 Alvarado ISD 1.470000 Alvord ISD 1.252300 Anna ISD 1.568350 Argyle ISD 1.508000 Arlington ISD 1.298670 Aubrey ISD 1.568350 Avalon ISD 1.127110 Azle ISD 1.247350 Birdville ISD 1.383900 Bland ISD 1.310000 Blue Ridge ISD 1.568350 Bluff Dale ISD 1.238300 Boles ISD 1.441290 Brock ISD 1.498300 Burleson ISD 1.568350 Caddo Mills ISD 1.353350 Campbell ISD 0.970000 Carroll ISD 1.300000 Carrollton-Farmers Branch ISD 1.268350 Castleberry ISD 1.290550 Cedar Hill ISD 1.306000 Celeste ISD 1.328950 Celina ISD 1.548900 Cleburne ISD 1.528300 Collin College [CCD] 0.081222 Commerce ISD 1.443280 Community ISD 1.568350 Coppell ISD 1.330900 Crandall ISD 1.470000 Crowley ISD 1.568400 Cumby ISD 1.198400

Midlothian ISD 1.470000 Milford ISD 1.170000 Millsap ISD 1.470550 Mineral Wells ISD 1.398700 Northwest ISD 1.420000 Palmer ISD 1.333350 Peaster ISD 1.370000 Perrin-Whitt CISD 1.180000 Pilot Point ISD 1.268350 Plano ISD 1.337350 Ponder ISD 1.467780 Poolville ISD 1.230600 Princeton ISD 1.568350 Prosper ISD 1.568350 Quinlan ISD 1.158000 Red Oak ISD 1.438350 Richardson ISD 1.418350 Rio Vista ISD 1.498350 Rockwall ISD 1.350000 Royse City ISD 1.568350 Sanger ISD 1.308350 Scurry-Rosser ISD 1.228350 Slidell ISD 1.070000 Springtown ISD 1.248350 Sunnyvale ISD 1.450000 Tarrant County College [CCD] 0.130170 Terrell ISD 1.498050 Tolar ISD 1.280000 Trenton ISD 1.268350 Van Alstyne ISD 1.535900 Venus ISD 1.491500 Waxahachie ISD 1.452200 Weatherford ISD 1.347350 White Settlement ISD 1.450000 Whitewright ISD 1.245350 Wolfe City ISD 1.232200 Wylie ISD 1.5284Â

COSTS & INCENTIVES | TAXES AND UNION ACTIVITY

2019 Dallas-Fort Worth Property Tax Rates

OTHER Dallas County Parkland Hospital [HD] 0.269500 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 $0.776600 $0.590454 $0.747500

County Collin Dallas Denton Tarrant

$0.174951 $0.243100 $0.225278 $0.234000

for DFW Communities 2019 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

$0.269500

CCD

$0.124000

WD

$0.028700

HD

$0.224429

$2.285732

$1.470000 $1.282000

Total

CCD

$2.646799

$0.130170

SET = School Equalization Tax; HD = Hospital District; WD = Water District; CCD = Community College District 2020

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 - OFFICE

Real Estate Office Office space in the DFW area is concentrated in key areas. These include: ■ The Dallas and Fort Worth Central Business Districts; ■ Along the Interstate 35E, North Central Expressway, and Dallas North Tollway corridors, between downtown Dallas and its northern suburbs; and ■ 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 economic 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

156

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

2020


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

Direct Vacancy Rate (%)

Avg Asking Lease Rate

Central Expressway

10,667,375

14.8%

$30.37

Dallas CBD

27,291,948

26.2%

$26.61

East Dallas

2,502,155

19.0%

$19.79

45,443,437

21.8%

$27.28

Far North Dallas Las Colinas

33,041,311

17.4%

$25.22

LBJ Freeway

19,278,656

22.3%

$20.66

Lewisville/Denton

3,471,436

7.4%

$21.11

Preston Center

4,103,362

13.3%

$41.46

23,647,260

22.8%

$21.36

Richardson/Plano SW Dallas

1,836,211

23.6%

$22.28

Stemmons Freeway

9,082,026

27.1%

$16.78

Uptown/Turtle Creek

12,451,600

14.1%

$45.94

Fort Worth CBD

8,372,070

16.3%

$26.73

Mid Cities

13,169,771

21.8%

$19.23

North Fort Worth

1,425,879

8.1%

$21.95

NE Fort Worth

2,803,842

19.1%

$18.48

South Fort Worth

6,033,555

12.7%

$22.58

224,621,894

20.3%

$25.17

Market Totals

Source: CBRE 2020

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 | 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 space market has strengthened over the past couple years, with significant new developments throughout the region. Dallas-Fort Worth ranks No. 1 in industrial demand and supply, according to Cushman & Wakefield. Cushman also expects DFW industrial absorption to reach 45.1 million square feet during the 2020-2021 cycle. 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

158

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

2020


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

2

COSTS & INCENTIVES | REAL ESTATE - INDUSTRIAL

18

Northwest Dallas

Great Southwest/ Arlington

30 28

21 22

26

24

Major Industrial Building/Park

Market View Market

Net Rentable Area SF

Direct Vacancy Rate (%)

7

Avg Asking Lease Rate

DFW Airport

6.5%

$5.50

$10.59

East Dallas

8.2%

$3.71

$18.36

Northeast Dallas

6.5%

$5.98

$10.91

Northwest Dallas

4.1%

$5.14

$10.45

South Dallas

11.2%

$3.69

$8.39

South Stemmons

3.6%

$5.17

$12.13

Great SW/Arlington

4.7%

$4.22

$10.18

North Fort Worth

5.8%

$4.94

$7.11

South Fort Worth

4.5%

$4.61

$6.92

Market Totals

5.8%

$4.74

$10.69 Source: CBRE

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 | REAL ESTATE - RETAIL

Real Esate Retail The Dallas-Fort Worth building market was the second biggest in 2019 after New York City with almost $22.5 billion in construction, the fourth year in a row that new construction topped $20 billion. By the end of 2019, according to CBRE, DFW retail construction had increased 10 percent quarter-over-quarter, with many new largescale starts leading the trend. 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.

160

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

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 RedBird

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 Hillside Village

13 Northeast Mall

27 Vista Ridge Mall

14 Northpark Center

28 West 7th - Fort Worth

National Retail Federation Top Retailers in Dallas-Fort Worth 2018 US Retail Sales ($B)

Rank

Company

Headquarters

Number of Stores

29

7-Eleven

Irving

$16.51

8,951

30

AT&T Wireless

Dallas

$16.41

2,004

39

J.C. Penney Co.

Plano

$11.66

864

62

Army & Air Force Exchange

Dallas

$7.50

901

75

GameStop

Grapevine

$7.50

3,896

92

Michaels Stores

Irving

$4.78

1,124

94

Exxon Mobil Corporation

Irving

$4.76

3,311

95

Neiman Marcus

Dallas

$4.54

71

2020


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)

14,275,959

456,831

96.8%

$25.16

3,794,855

110,051

97.1%

$25.47

55,084,514

3,305,071

94.0%

$20.31

21,145,167

993,823

95.3%

$22.11

North Central Dallas

35,172,401

1,899,310

94.6%

$17.04

Southeast Dallas

13,858,236

568,188

95.9%

$15.05

Far North Dallas Near North Dallas

Southwest Dallas

18,231,584

1,221,516

93.3%

$17.45

33,339,542

1,733,656

94.8%

$24.95

25,389,811

1,675,728

93.4%

$20.26

Mid-Cities

53,517,852

3,104,035

94.2%

$16.61

Suburban Fort Worth

25,685,781

1,232,917

95.2%

$19.13

299,495,702

16,472,264

94.5%

$20.23

West Dallas Central Fort Worth

Market Totals

Source: CBRE 2020

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 | 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 Magazineâ&#x20AC;&#x2122;s Governorâ&#x20AC;&#x2122;s Cup eight 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

14,228,471

Cost of Doing Business 8

162

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

89.32

CNBC State Business Rank 9

#2

CEO Magazine Business Climate Rank 10

#1

Cost of Living Index 11

107.7 (Dallas)/ 94.5 (Fort Worth)

Housing Cost Index 11

117.5 (Dallas)/ 87.4 (Fort Worth)

Average Price/SqFt for CBD Office 12

$29.16 (Dallas)/ $31.56 (Fort Worth)

Average Price/SqFt for Suburb Office 12

$31.22 (Dallas)/ $25.80 (Fort Worth)

Average Price/SqFt for Industrial 12

$4.40 NNN (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%.

2020


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

19,588,361

19,588,361

9,744,236

114.07

97.52

97.74

#32

#30

#27

#50

#48

#49

145.9 (Los Angeles)

196.6 (San Francisco)

120.0 (Chicago)

237.4 (Manhattan)

228.1 (Los Angeles)

514.0 (San Francisco)

154.0 (Chicago)

514.0 (Manhattan)

$3.86 (Los Angeles)

$98.52 (San Francisco)

$48.35 (Chicago)

$111.77 (Midtown South)

$3.40 (Orange County)

$96.06 (San Francisco)

$28.35 (Chicago)

$31.05 (Long Island)

$.90 NNN (Los Angeles)

$1.71 NNN (Mid-Peninsula)

$2.38 NNN (Chicago)

$8.74 NNN (New Jersey)

New York

ALL STATES

1 Taxpayers pay the highest tax computed on three alternate bases. 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 2019 (preliminary, seasonally adjusted) 8 Source: 2020 Moody’s North American Business Cost Review, Q1 2019 (U.S. average = 100)

2020

9 Source: CNBC America’s Top States for Doing Business in 2019 10 Source: CEO Magazine’s 2019 Best and Worst States for Doing Business 11 Source: ACCRA Cost of Living Index, 2019 Annual Average Data (U.S. average = 100). Note: Results are for the MSA primary city 12 Source: Jones Lang LaSalle, Commercial Real Estate Rents, Q4 2019 Class A Office and Industrial (*except NY industrial, Q3 2019)

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

163


COSTS & INCENTIVES | OPPORTUNITY ZONES

Opportunity Zones 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 â&#x20AC;&#x153;Opportunity Zones.â&#x20AC;?

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 the earlier of December 31, 2026, or the date the Opportunity Fund is disposed of.

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

RETAIL OPP

Tarrant and Dallas Counties

Source: US Dept of Treasury

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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

2020


Kohler Co.

Glo Best Western

Grow DeSoto Market Place

$80M CAPITAL INVESTMENT

$3.6M CAPITAL INVESTMENT

$750K CAPITAL INVESTMENT

This location is the largest distribution facility (1.3M SF) in the company’s portfolio and was the largest industrial project in Dallas/Fort Worth in 2017.

This property is the first in the U.S. to feature the new, energetic boutique brand – Glo – that offers guests an iconic experience with state-ofthe-art technology and modern design.

This unique public-private partnership is the first small business mixed use incubator in the Best Southwest Region of Dallas/Fort Worth.

60,955

PORTUNITY IN DESOTO

POPULATION

88% 1 OF 2

HIGH SCHOOL DEGREE OR HIGHER

HELIPORTS IN S. Dallas County

MEDIAN AGE

37

4%

$196,836

THE DFW INTERNATIONAL AIRPORT

MEDIAN HOUSE VALUE

15 MINUTES frOM

31 MINUTES FROM

UNEMPLOYMENT RATE

DOWNTOWN DALLAS

$85,916 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


COSTS & INCENTIVES | STATE AND LOCAL 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 an 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

166

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

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.

2020


COSTS & INCENTIVES | STATE AND LOCAL INCENTIVES

Relocation and Expansion Support

Economic incentives have helped support office, industrial, and mixed-use projects throughout North Texas.

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.

Kubota

Size: 200,000 s.f. Product type: Office Location: Grapevine Details: Headquarters 35 relocation from Torrance, California, includes threestory office building and R&D facility. Jobs: 344 Incentives: $3.1 million from the Texas Enterprise Fund and additional infrastructure funding from the city of Grapevine.

Size: 500,000 s.f. Product type: Office Location: Westlake

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 35E abatement for 20182027, and 50 percent tax rebate for 10 years after abatement.

PGA of America

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.

121 35E

114

35W

Charles Schwab

Toyota

Details: Building a $100 million campus. Jobs: 1,200 new jobs by 2026, potential for 5,000 jobs 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 valorem820 taxes over a 10-year period. Charles Schwab is required to invest at least 35W $80 million in real property improvements and business equipment by 2022.

Fort Worth

635

Infosys Innovation Hub

75

McKesson

360

Size: 500,000 s.f. Product Type: 183 Office Location: Irving Details: Expansion includes the purchases of an existing 161 office building in Irving for shared services operations. Jobs: 975 Incentives: $9.75 million from the Texas Enterprise Fund and an additional $2 million in incentives from the city of Irving.

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 12 the Texas Enterprise Fund, in addition to unspecified support from the city of Richardson.

20

20

80

175

20

Smith + Nephew

Size: 78,000 s.f. Product type: Industrial Location: Fort Worth Details: Expanding manufacturing operations. Jobs: 150 Incentives: $730,000 from the Texas Enterprise Fund, plus 55 percent property tax abatement for five years from the city of Fort Worth.

2020

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.

Uber

Size: 450,000 s.f. Product type: Office Location: Downtown Dallas Deep Ellum neighborhood Details: Uber will open a 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 and additional city and county incentives.

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 operation. 45 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

167


COSTS & INCENTIVES | STATE AND LOCAL INCENTIVES

Texas Enterprise Fund

Location of Recipients in the North Texas Region 35

Region Totals (as of December 2019)

Total Recipients: 66 Total Grant Amount: $295M Total Capital Investment: $9.20B Total New Jobs: 41,747

30

Region Location

20

635

Fort Worth

20

Dallas

35W

35E

45

35

NOTE: Some awards and job totals may be divided between more than one region.

Listed from newest to oldest (*project has reached completion of TEF contract): Capital Investment

Water Filtration Equipment Mfg. Telecom Equipment Mfg. Software Development Insurance Semiconductor Manufacturing Trade Association IT Consulting & Services

164 410 3,000 1,300 488 150 500

$ 1,678,000 $134,000,000 $75,100,000 $11,000,000 $3,153,000,000 $ 30,000,000 $12,300,000

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.

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

144 97 100 800 150 1,090 204 100 6,377 205 150 111 104 500

$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

$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

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*

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 Telecommunications Equipment Destination Retail Aerospace Manufacturing Semiconductors

126 250 975 343 344 1,000 450 3,650 680 144 500 200 80 330 585 490 111 100 130 350 120 400 125 275 115 n/a 198 105 200 120 200 850 n/a 500 1,112 855 200 423 1,600 3,876 200 50 241 3,000 n/a

$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

$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

Industry

1 2 3 4 4 6 7 8 8 10 11 11 13 14 15 16 17 18 19 19 21

Waterlogic USA, Inc. Ericsson, Inc. Uber Technologies, Inc. Allstate Insurance Company Texas Instruments Incorporated The Professional Golfers' Association of America Infosys Limited

22 23 24 25 26 27 27 29 30 31 32 33 34 35 36 36 36 39 39 41 41 41 44 45 46 47 48 49 50 51 52 53 54 54 56 57 57 59 60 61 62 62 64 65 66

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

Region TEF Grant Location

$524,400 $3,592,400 $24,000,000 $2,600,000 $5,124,000 $1,500,000 $3,075,000

City Grapevine Lewisville 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

168

Direct Jobs

Company

2020


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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

169


Westlake Academy

Charles Schwab

Entrada

Glenwyck Farms Park

A one-of-a-kind community; distinctive by design. Westlake is home to master planned residential neighborhoods and captivating corporate campuses such as Fidelity Investments, Deloitte University and Solana Office Park â&#x20AC;&#x201D; all developed with high-quality aesthetics and a commitment to open space preservation. LATEST COMMERCIAL DEVELOPMENTS:

Charles Schwab || Front 44, by Hillwood/Howard Hughes on Circle T Ranch || Entrada LATEST RESIDENTIAL DEVELOPMENTS:

Knolls at Solana || Quail Hollow || Granada Average home price in Westlake: $1.8 million

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2020


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

2020

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

171


LIVING & LIFESTYLE | COST OF LIVING Seattle (156.7)

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 housing, 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 (196.6)

Denver (110.8)

Los Angeles (145.9) Phoenix (98.9) San Diego (141.3)

Fort Worth (94.

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.

TRANSPORTATION

HEALTH CARE

MISCELLANEOUS COMPOSITE

Chicago 16%

COMP.

Los Angeles 1%

5%

-5%

-2%

-8%

-11%

-48%

-14%

-11%

For example, housing costs in Dallas are 48% lower than in Boston

-24%

-23%

-14%

-28% -48%

Source: C2ER

172

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

2020


100=U.S. Average Boston (150.1)

Minneapolis (106.2) New York (Manhattan) (237.4) Philadephia (110.5)

Chicago (120.0)

LIVING & LIFESTYLE | COST OF LIVING

.5)

ACCRA Cost of Living Index

Washington DC (Arlington) (159.0) Kansas City (95.5)

Charlotte (97.9)

Atlanta (102.4)

Dallas (107.7)

Austin (99.3)

n Antonio (89.1)

Houston (95.5)

Miami (114.4)

Fort Worth

Dallas +7.3%

-7.8%

-12.6%

+1.5% -3.3%

New York

-28%

2020

-3.9%

-5.5%

-22%

+6.9%

+5.4%

+6.6%

+7.7%

MISC.

COMP.

-3.4%

San Diego

San Francisco

-2%

-1%

-48% -77%

COMP.

Seattle

-5% -11% -25%

+0.0% +17.5% MISC.

-30%

-18%

For example, housing costs in Dallas are 48% lower than in Seattle

-13%

-14%

-25%

-24%

-13%

-19% -33%

-45% -68%

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 | 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

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2020


Median Net Worth

Population

Percentage of DFW Population

AFFLUENT ESTATES

Established wealth— educated, well-traveled married couples

$126,100

$910,500

1,058,088

18.4%

$102,500

$320,800

163,536

2.8%

$85,700

$50,100

239,816

4.2%

$79,200

$200,900

716,663

12.5%

$65,100

$174,600

351,296

6.1%

$61,600

$180,300

246,306

4.3%

$57,700

$86,900

1,325,407

23.0%

$53,100

$42,400

312,377

5.4%

$49,700

$130,300

91,047

1.6%

$45,500

$88,500

242,150

4.2%

$37,900

$13,200

473,111

8.2%

$36,600

$27,500

189,850

3.3%

$38,300

$13,600

282,066

4.9%

$31,900

$11,000

57,384

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

2020

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 | 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 marketâ&#x20AC;&#x2122;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 well 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 2019 in the Dallas-Fort Worth area as determined by North Texas Real Estate Information System

Sources: Q4 2019 Economic Report, North Texas Real Estate Information Systems, Inc Quarterly NTREIS Economic Report

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2020


$250,001-$500,000

$100,001-$250,000

> $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

2020

< $100,000

177


LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

Housing Choices When it comes to convenience and charm, the Dallas and Fort Worth areas offer 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, Dallasâ&#x20AC;&#x201C;Fort Worth has the home for you. Housing photos provided by CENTURY 21 Judge Fite Company

How much house can I buy? 2 ,0

67 S

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2 BEDS 2 BATHS

ON

AR

43

LIN

178

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

T

SQ

GT

ON

LA

$599,900

QF

HA

SQ

CH

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5 BEDS 5.1 BATHS

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$467,000 6, 4 7 CO 0

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$265,000 PH

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$329,000 AL

WA

3 BEDS 2 BATHS

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$294,999 2 ,3

3 BEDS 2.1 BATHS

NT

3, 2

YV

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$1,295,000 2020


2,4 12 D S AL

2 BEDS 2.1 BATHS

LA

IDL

OT

SQ

HI A

LA

2020

4 BEDS 3 BATHS

$422,000

QF

ELD

FO

3 BEDS 2.1 BATHS

FLO

FT

4 BEDS 4 BATHS

LET

QF

T

52

RT

4 BEDS 3 BATHS

SQ

WO

$360,000

RT

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85

TLE

FR

4 BEDS 3.2 BATHS

OU

FT

ND

SQ

ELM

FT

$450,000 3, 4 90

FT

SQ

RM

$419,900 LIT

T

89

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3, 2

$590,000 2,4

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3,5

$417,643 OW

4 BEDS 3 BATHS

NO

SFI

SQ

4,1 12 S R

FT

$515,000 1,6 81 P S

2 BEDS 2.1 BATHS

N

AN

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$1,999,998 4,1 8 M 0

5 BEDS 4 BATHS

S

QF

3,1 2 M 8

LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

Photos provided by CENTURY 21 Judge Fite Company

ISC

SQ O

FT

$625,000

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

179


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 communitiesâ&#x20AC;&#x201D;which feature multiple apartment buildings, as well as restaurants, shops, movie theaters, and underground parkingâ&#x20AC;&#x201D;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-$1,052 $1,053-$1,289 $1,299-$1,627 $1,628-$2,411 $2,412-$4,078

Source: RealPage, December 2019

180

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

2020


LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES

New Subdivisions Top 25 Subdivisions (2019) Ranked by number of new home starts

18 9 13 17 20 1 24 16

10

25

21

14

12

8 7

11

4 23

15

2 3

5

19

6

22

Average Sales Prices

(Ranked by new home starts)

SUBDIVISION (STARTS) AVERAGE SALES PRICE

(In thousands)

FUTURE LOTS

SUBDIVISION (STARTS) AVERAGE SALES PRICE

(In thousands)

1 Union Park . . . . . . . . . . . . . . . . . . . . . . . $225-$481

14 Craig Ranch. . . . . . . . . . . . . . . . . . . . $322-$2500

2 Clements Ranch. . . . . . . . . . . . . . . . . . $215-$328

15 Mercer Crossing . . . . . . . . . . . . . . . . $298-$665

3 Travis Ranch . . . . . . . . . . . . . . . . . . . . .$190-$550

16 Waterâ&#x20AC;&#x2122;s Bend . . . . . . . . . . . . . . . . . . . . . $225-$351

4 Woodcreek . . . . . . . . . . . . . . . . . . . . . $200-$398

17 Silverado . . . . . . . . . . . . . . . . . . . . . . . . $223-$341

5 Viridian . . . . . . . . . . . . . . . . . . . . . . . . $255-$1000

18 Sandbrock Ranch . . . . . . . . . . . . . . . .$253-$457

6 Heartland . . . . . . . . . . . . . . . . . . . . . . . . .$197-$391

19 Devonshire (Kaufman Co.) . . . . . . . . .$215-$500

1-246 247-912 913-2,240 2,241-4162 4,163-11,687

VACANT DEVELOPED LOTS

7 Canyon Falls . . . . . . . . . . . . . . . . . . . . .$280-$764

20 ArrowBrooke . . . . . . . . . . . . . . . . . . . . . $243-$372

8 Harvest . . . . . . . . . . . . . . . . . . . . . . . . . . $272-$514

21 Lexington Country (Frisco) . . . . . . . $400-$898

9 Sutton Fields (Celina) . . . . . . . . . . . . . $228-$410

22 Crescent Springs Ranch . . . . . . . . . . $207-$270

10 Trinity Falls . . . . . . . . . . . . . . . . . . . . . . .$246-$598

23 Hawthorne Meadows . . . . . . . . . . . . $244-$346

78-154

11 Sendera Ranch . . . . . . . . . . . . . . . . . . . $192-$340

24 Windsong Ranch . . . . . . . . . . . . . . . . .$295-$978

155-315

12 Tribute . . . . . . . . . . . . . . . . . . . . . . . . . . $315-$1171

25 Light Farms . . . . . . . . . . . . . . . . . . . . . . $242-$770

316-733

13 Winn Ridge . . . . . . . . . . . . . . . . . . . . . .$199-$346

SOURCE: Metrostudy

2020

0-24 25-77

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

181


Alvord ISD 727 | 1031

LIVING & LIFESTYLE | SCHOOLS - PUBLIC EDUCATION

Pilot Point ISD 1,395 | 1050

Sanger ISD 2,759 | 1069

Slidell ISD 271 | 996

Chico ISD 603 | 1019

Aubrey ISD 2,442 | 1122

Krum ISD 2,049 | 1083

Schools - Public Education

Bridgeport ISD 2,078 | 1007

Decatur ISD 3,413 | 1036

Paradise ISD 1,240 | 1038

Ponder ISD 1,550 | 1076

P 1

Denton ISD 30,169 | 1078 Little Elm ISD 7,769 | 1051 Lake Dallas ISD 4,031 | 1079

51 27

Fr 60,

Source: Texas Education Agency

School districts in the Dallas–Fort Worth Argyle ISD 3,061 | 1162 region are locally administered and Boyd ISD 1,341 | 987 Lewisville ISD independent of one another and the cities 52,218 | 1159 Northwest ISD 37 28 24,141 | 1048 43 and towns they serve. For example, the 33 Poolville ISD 47 514 | 943 Richardson Independent School District 6 22 CarrolltonSpringtown ISD (RISD) includes students in Richardson, as Farmers Carroll ISD 3,581 | 1045 34 Coppell ISD Branch ISD 8,366 | 1261 well as parts of Dallas and Garland. 12,925 | 1249 25,598 | 1058 Keller ISD 44 Grapevine35,088 | 1111 The Dallas Independent School District— 5 Colleyville ISD Eagle Mt-Saginaw ISD 52 Azle ISD 13,941 | 1159 20,054 | 1038 or Dallas ISD—is the region’s largest school 6,578 | 1057 39 40 Highlan district with approximately 155,000 students. Garner ISD Birdville ISD Hurst-EulessIrving ISD Peaster ISD 20 6 201 | 23,614 | 1073 Bedford ISD 33,464 | 922 Students attending Dallas ISD schools 1,168 | 1118 Lake Worth ISD 23,686 | 1077 3,371 | 955 30 reside in Addison, Balch Springs, Carrollton, White Castleberry ISD Settlement ISD Millsap ISD 3,783 | 950 Cockrell Hill, Dallas, Farmers Branch, 9 15 1 6,842 | 1001 980 | 1057 12 16 Garland, Highland Park, Hutchins, Mesquite, Grand Prairie ISD 18 29,200 | 938 Fort Worth ISD Seagoville, University Park, and Wilmer. Arlington ISD Aledo ISD 84,510 | 916 59,900 | 1026 36 5,715 | 1153 Dallas ISD hosts 27 magnet schools and Duncanville ISD Kennedale ISD 12,700 | 943 academies, including several that have been 3,074 | 1034 26 nationally recognized. Booker T. Washington Everman ISD Weatherford ISD Crowley ISD 6,174 | 922 8,116 | 1050 Mansfield ISD Cedar Hill ISD High School for the Performing and Visual 15,728 | 960 De Soto 35,293 | 1063 7,790 | 996 9,404 | Arts is in the heart of the Dallas Arts District and includes several internationally known Burleson ISD R 12,447 | 1066 5 Lipan ISD artists among its alumni. The arts magnet, Midlothian ISD 436 | 943 9,389 | 1111 along with the School for the Talented Joshua ISD Godley ISD 5,585 | 1056 Granbury ISD 2,181 | 1040 and Gifted and the School of Science and Venus ISD 7,346 | 1084 2,203 | 981 Alvarado ISD Engineering at Yvonne A. Ewell Townview 3,635 | 986 Center in Dallas, are consistently recognized Keene ISD as among the best high schools in the nation Waxaha 1,074 | 1011 8,937 by U.S. News and World Report. Cleburne ISD Maypearl ISD 6,684 | 1009 Other area schools recognized by U.S. 1,184 | 1041 Grandview ISD News include Westlake Academy (Westlake), 1,274 | 1098 Highland Park High School (Highland Park), Rio Vista ISD Glen Rose ISD Uplift Academy (Arlington, Dallas, Irving), 755 | 1051 1,857 | 1052 Milford ISD Lovejoy High School (Lucas), and Texas 266 | 1043 Italy IS Academy of Biomedical Sciences (Fort Worth). 602 | 9 In 2019, five area schools were recognized as Blue Ribbon Schools, a national honor awarded to those that have achieved Iredell ISD district and school’s | academic excellence or made significant 1 The philosophy vs. your family’s progress in closing the achievement gap. Hico ISD | interests and needs Choices abound for schooling in the Dallas-Fort Worth The Fort Worth ISD dominates Tarrant area: public, public charter, private or parochial, and ■ Vision, mission, goals County, serving approximately 85,000 homeschooling. Should you want to send your kids ■ Size of school and class size students. The district serves most of the to public school, rest assured that the Dallas-Fort ■ Grade level alignment (K-4, city of Fort Worth, as well as those of Worth area has many fine choices. K-5, K-6, etc.) Benbrook, Westover Hills, and Westworth In Texas, public school districts operate ■ Curriculum variations Village. Students from parts of Forest Hill, independently and are governed by locally ■ Parent engagement Haltom City, and Kennedale also attend elected school boards that implement state FWISD schools. The district is home to the guidelines through a selection of instructional Student achievement and Leadership Academy Network, a system programs, curriculum, and local expectations that 2 performance (including staff often exceed state minimums. of five leadership academies impacting and teacher performance) Local districts are governed by an nealy 3,000 students made possible by a independently elected school board of trustees The Dallas County area partnershop with the Texas Wesleyan School which hires a superintendent as CEO; sets a education coalition, COMMIT! of Education and authorized by Texas Senate district philosophy (vision and mission) and local and its partners offer a way bill 1882, the Texas Partnership Opportunity.

Choosing a District

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:

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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

of best assessing student achievement within schools and districts. Find it online at commit2dallas.org.

2020


Anna ISD 3,597 | 1046

Celina ISD 2,722 | 1170

41

Prosper ISD 14,348 | 1145

McKinney ISD 24,717 | 1139

32 7 29 35 risco ISD 23

4 49

31 42

0,182 | 1178

Farmersville ISD 1,717 | 1069 Princeton ISD Lovejoy ISD 4,887 | 1032 4,272 | 1206

Allen ISD 21,557 | 1130

38

57

Plano ISD 53,057 | 1216

Rank

Bland ISD 721 | 1044

Wylie ISD (Collin) 16,527 | 1103

24

45

Richardson ISD 39,108 | 1118

Greenville ISD 5,492 | 984

Caddo Mills ISD 1,841 | 1023

Quinlan ISD 2,694 | 1043

Rockwall ISD 16,587 | 1138

Garland ISD 55,987 | 970

14

50

nd Park ISD (Dallas) 6,840 | 1309

48 7 25 3 1 13 8 2 17 11

Sunnyvale ISD 1,882 | 1154 Mesquite ISD 40,379 | 981

Terrell ISD 4,711 | 993

Forney ISD 11,133 | 1050

46 10 21

Dallas ISD 155,119 | 921

Crandall ISD 4,420 | 1034

Lancaster ISD 7,348 | 892 o ISD | 885

Red Oak ISD 5,891 | 1020

Ferris ISD 2,709 | 1091

Kaufman ISD 4,045 | 1033

Scurry-Rosser ISD 1,054 | 1034

Palmer ISD 1,226 | 1031

achie ISD 7 | 1067

Kemp ISD 1,663 | 1017

Mabank ISD 3,566 | 1063

Ennis ISD 5,850 | 1061

Legend ISD Name

2019 Enrollment | 2017 SAT Score

Avalon ISD 362 | 1034

A

3

B

Program offerings and compatibility with your child’s interests and needs ■ Athletics ■ Career and technology ■ Dual credit ■ Extracurricular activities ■ Fine arts ■ Gifted and talented ■ Performing arts ■ Special education

4

District Boundaries

North Texas School District Ratings, 2019

SD 962

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.

2020

Dallas

16

School For The Talented And Gifted (TAG)

Dallas

3

63

Irma Lerma Rangel Young Women's Leadership School

Dallas

4

104

Imagine International Academy of North Texas

McKinney

5

114

Uplift Education - North Hills Prep HS

Irving

116

Westlake Academy

Westlake

7

117

Booker T. Washington SPVA

Dallas

8

124

Judge Barefoot Sanders Law Magnet

Dallas

9

135

Grand Prairie Fine Arts Academy

Grand Prairie

10

180

Barack Obama Male Leadership Academy

Dallas Dallas

304 | 985

Lone Oak6ISD 1,006 | 1053

Boles ISD 547 | 1030

Royse City ISD 6,169 | 1066

54

City

School of Science and Engineering Magnet (SEM)

2 ISD Campbell

56

55

School

12

1

19 Community ISD 2,385 | 1038

U.S. News & World Report Best High Schools (2019)

Commerce ISD 1,520 | 1073

Celeste ISD 507 | 961

11

181

School of Business and Management

12

200

Young Women's Leadership Academy

Fort Worth

13

206

School of Health Professions

Dallas

14

210

Highland Park HS

Dallas

15

242

Uplift Summit International HS

Arlington

16

253

Texas Academy of Biomedical Sciences

Fort Worth

17

299

Rosie Sorrells School of Education and Social Services

Dallas

18

384

Trinidad Garza Early College At Mountain View

Dallas

19

399

Lovejoy HS

Lucas

20

438

Uplift Williams Preparatory HS

Dallas

21

550

Kathlyn Joy Gilliam Collegiate Academy

Dallas

22

557

Coppell HS

Coppell

23

560

Liberty HS

Frisco

24

640

International Leadership of Texas - Garland HS

Garland

25

657

Dr. Wright L Lassiter Jr Early College HS

Dallas

26

665

Harmony School of Innovation - Forth Worth

Fort Worth

27

686

Wakeland HS

Frisco

28

716

Founders Classical Academy

Lewisville

29

779

Centennial HS

Frisco

30

886

Uplift Heights Preparatory HS

Dallas

31

934

McKinney Boyd HS

McKinney

32

955

Heritage HS

Frisco

33

1003

Harmony Science Academy - Carrollton

Carrollton

34

1074

Keller HS

Keller

35

1083

Independence H S

Frisco

36

1181

John Dubiski Career HS

Grand Prairie

37

1243

Flower Mound HS

Flower Mound

38

1295

Frisco HS

Frisco

39

1296

Colleyville Heritage HS

Colleyville

40

1307

Harmony Science Academy - Euless

Euless

41

1324

McKinney North HS

McKinney

42

1391

Allen HS

Allen

43

1402

Byron Nelson HS

Trophy Club

44

1457

Grapevine HS

Grapevine

45

1520

Richardson HS

Richardson

46

1578

A Maceo Smith New Tech HS

Dallas

47

1579

Creekview HS

Carrollton

48

1702

Uplift Peak Preparatory HS

Dallas

49

1772

McKinney HS

McKinney

50

1791

Rockwall -Heath HS

Rockwall

51

1798

Lone Star HS

Frisco

52

1840

Central HS

Keller

53

1917

Prosper HS

Prosper

54

1930

Harmony School of Innovation - Garland

Garland

55

1947

Pearce HS

Richardson

56

1954

Wylie HS

Wylie

57

1957

Plano East Senior HS

Plano

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

Melissa ISD 3,163 | 1039

53

Wolfe City ISD 683 | 1145

Blue Ridge ISD 852 | 1001

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LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION

Schools - Private Education

Private High Schools Ranked by 2019-20 Tuition*

Private School Calendar ■ Testing for private schools often

takes place in the fall

■ Enrollment is in January or February ■ School typically starts earlier

in August

184

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

1 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

The Hockaday School, $32,900 St. Mark’s School of Texas, $32,861 Greenhill School, $32,615 Shelton School, $31,500 Parish Episcopal School, $30,590 The Episcopal School of Dallas, $30,400 Alcuin School, $29,400 The Winston School Dallas, $28,800 Yavneh Academy, $28,000 Fort Worth Country Day, $25,240 Trinity Valley School, $24,190 Dallas Academy, $24,000 The Oakridge School, $23,980 Vanguard Preparatory School, $23,500 All Saints Episcopal School Fort Worth, $23,440 Lakehill Preparatory School, $23,400 The St. Anthony School, $23,300 Dallas International School, $23,200 The Cambridge School of Dallas, $23,100 Ursuline Academy of Dallas, $22,900 Bridge Builder Academy, $22,500 Trinity Christian Academy Addison, $21,980 Prestonwood Christian Academy, $21,835 Bending Oaks School, $21,600 Cistercian Preparatory School, $21,250 Hill School of Fort Worth, $20,990 Fairhill School, $20,900 The Novus Academy, $20,850 The Covenant School of Dallas, $20,500 The Selwyn School, $20,030 The Westwood School Upper School Campus, $19,985 Jesuit College Preparatory School, $19,950 The Key School, $19,250 Southwest Christian School, $19,150 Liberty Christian School, $19,020 John Paul II High School, $18,550 Prince of Peace Christian School Carrollton, $18,510 Legacy Christian Academy, $18,500 Dallas Christian School, $18,361 Covenant Christian Academy, $18,060 Bishop Lynch High School, $18,000 E.A. Young Academy, $17,500 Grapevine Faith Christian School, $17,350 Fort Worth Christian School, $17,050 Nolan Catholic High School, $17,000 Yorktown Education, $17,000 The Clariden School, $16,433 Bishop Dunne Catholic High School, $16,250 The Highlands School, $16,000 Covenant Classical School, $15,925

51 52 53

Northstar School, $15,900 Cristo Rey Dallas College Prep**, $15,725 McKinney Christian Academy, $15,725

*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

2020


LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION

Legend Private School 53

38

30 35

23 37 47

22 28 43

17

42 40

44

46 27

36 21 4

3 31 5 14 18 29 32 7 9 24 1 8 2 6 19 20

25 49

12 16

39

41

45

50 15

52

13 10

34

11

33 26

48 51

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: ■ Learning differences schools –

These schools provide for students with learning differences across the spectrum and can range from pre-K through 12th grade.

■ Boarding schools – Several of the

single-gender private schools offer full-time boarding as well as day student options.

■ 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

2020

want students to attend a traditional school and supplement with cultural and language immersion. ■ 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.

■ Classical – These schools are

usually characterized by small class sizes and a classics-based education, normally with fewer team athletic options.

■ College preparatory – Prep

schools focus on academic rigor in preparation for demanding collegiate programs.

■ Religious/parochial – Some

schools are associated with specific religious denominations or churches and incorporate religious teaching as part of the curriculum.

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

185


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

186

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

2020


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

2020

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

187


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

■ Fishing, boating, and kayaking on Joe Pool Lake ■ 1,200 acres with 15 miles of mountain biking trails ■ Walking trails through open fields

and wooded areas

■ More than 350 wooded campsites ■ Penn Farm Agricultural History Center

4

2

River Legacy Park Arlington

■ 1,300 acres of forests and greenbelts ■ 10 miles of cross-country trails ■ A treetop playground that looks like a giant treehouse ■ A canoe launch with access to up to 8 miles of paddling ■ 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) FC Dallas (Major League Soccer) Frisco Fighters (Indoor Football League) Frisco RoughRiders (Minor League Baseball) Grand Prairie Air Hogs (Minor League Baseball) Team Envy (esports organization) Texas Elite (Women’s Football) Texas Legends (NBA Development League) Texas Rangers (MLB) Texas Tornado (Minor League Hockey)

188

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

■ 200 acres of rolling hills for exploring ■ Off-road biking trails ■ Picnic pavilion and kids playground ■ Butterflies, birds, and other wildlife ■ Dog friendly

4

Meadowmere Park Grapevine

■ 252 acres on the shore of Lake Grapevine ■ Sloping sandy beaches and camping ■ Swimming, paddleboarding, and kayaking ■ Large, colorful children’s playground area

2020


5

Trinity Park Fort Worth

■ Next to the Fort Worth Zoo, along the banks of the Trinity River ■ Annual events such as Mayfest and the National Veterans Day Run ■ Miniature Railroad ■ Natural surface trails for hiking, biking, and running ■ Fishing and duck feeding

3

6 6 7

White Rock Lake Park Dallas

■ 9.33-mile hike and bike trail ■ Shoreline picnic areas ■ Kayak and paddleboard rentals ■ Audubon Society bird watching area ■ 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

1 2

3

4 6

5 9

8

10

7

DART, and D-link

Arbor Hills Nature Preserve

2020

12

Klyde Warren Park Dallas

■ 5.2 acres downtown ■ Performance pavilion, walking trails, dog park, children’s playground, and games area ■ Free events such as book signings, group exercise, movies, music ■ Food trucks every day ■ Accessible by M-Line Trolley,

LIVING & LIFESTYLE | PARKS AND RECREATION

North Texas Trails

7

11 13 15

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

14

16

Erwin Park Frisco NW Community Park Trail Knob Hills Arbor Hills Northshore Trail Katie Jackson Squabble Creek Rowlett Creek Preserve Horseshoe Harry Moss Park L.B. Houston Nature Trails River Legacy Oak Cliff Nature Preserve Boulder Park Big Cedar 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

189


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.

1

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 big crowd-gathering screenfilled plaza. High-rise living is upscale and serviceoriented.

First 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

190

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 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.

2020


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

18

Cityline Amli Galatyn Station

Addison Circle

Downtown Roanoke

14

Downtown Grapevine

13 Alliance Town Center Water Street

Firewheel Town Center

Brick Row

Downtown Carrollton

19

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

Bishop Arts District

Arlington City Center

Magnolia Avenue

Deep Ellum

Main St 6 Cedars/southside

4

8 Sundance Square

Lower Greenville

Lancaster Urban Village Duncanville Main Street Desoto Town Center

Downtown Mansfield Downtown Burleson

13

14

15

16

Alliance Town Center

Southlake Town Square

Parker Square

Eastside

National large retailers shoulder 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 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

19

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

2020

Roanoke

Dallas

McKinney

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

191


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 such as Cypress Waters (Coppell), CityLine (Richardson), and Legacy West (Plano), to land reclamation for parks and recreational development. No matter where you travel in North Texas, large-scale 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

Globe Life Field & Texas Live!

Globe Life Field, new home of the Texas Rangers, will open for the 2020 MLB season. The 38,000seat, retractable-roof 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 also 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.

192

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 has invested $100M to improve its headquarters facility, including a community-facing Discovery District to activate the heart of downtown. Close by, revitalization of the 52-story First National Bank Tower, dubbed The National, will provide 1.5 million square feet of new mixed-use activity. The newly designated East Quarter stitches the urban core to Deep Ellum offering walkable neighborhoods and urban revival. The Epic mixed-use tower project in Deep Ellum will house the 3,000-person Uber regional office. And The Stack, another 16-story mixed-use project, will be a focal point in Dallas’ premier music and restaurant district.

3

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 Charles Schwab already maintained a presence of about 2,300 employees in Dallas-Fort Worth when the company announced the relocation of its headquarters from San Francisco to the 1.4 million square foot Westlake campus under construction. This comes just on the heels of Schwab’s successful acquisition of TD Ameritrade which recently completed its own $123M, 78-acre campus, also in Westlake.

6 Hidden Ridge - Phase II This innovative mixeduse project developed in partnership between Verizon and KDC is a 157acre campus in the heart of Las Colinas. Verizon offices and Pioneer Natural Resources’ 1.1 million square foot headquarters facility anchors 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 has recently been approved for six new buildings offering 490,000 square feet of office and 30,000 square feet of retail space.

2020


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 north end of the 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.

Grandscape

The Platinum Corridor in Frisco, located along the Dallas North Tollway, has seen some of the highest capital investment in the region. The PGA of America, recently relocated from Florida, unveiled plans for a 600-acre, mixed-use development anchored by its headquarters facility. JMJ Hospitality announced a 231-room luxury hotel, 90 new residences and restaurant and retail space on 4.5 acres in the Gate development.

8

121 Corridor

The Strand

2020

More than 900 acres are available in Allen for development of corporate campuses and mixed-use projects. Recent announcements include The Strand, a 1.5 million square foot, 135-acre corporate campus and mixed-use project; a new Allen Gateway development that will include a 12-story office tower, 12-story Plush Suites hotel and 1,200 urban residential apartments; and the Collin College Technical Campus, Collin County’s central hub for technical and career education. Opening in Fall 2020, the four-building campus will include 340,000 square feet of classroom, lab, and office space.

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.

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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 more than 10 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 regionâ&#x20AC;&#x2122;s appeal.

1

Fort Worth Convention Center

The Fort Worth City Council approved a committee to design a significantly expanded convention center in January 2020. The anticipated groundbreaking will be in 2022-23. The $500M project would add a 1,000-room hotel and more than 50,000 square feet of exhibit space, with public art being a significant feature.

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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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 has acquired 26 acres in Uptown Dallas to create a mixed-use project called The Central. The proposed development would include five million square feet with an upscale multifamily tower, office space, luxury hotel, shopping, restaurants and 3.5-acre park.distribution, and manufacturing cluster.

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; and 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.

2020


LIVING & LIFESTYLE | FUTURE PROJECTS

9

2 8 6 4 1

7

NewPark - A Smart District & SoGood @ Cedars

SoGood Hoque Global and KDC are developing NewPark â&#x20AC;&#x201C; A Smart District, 20 acres of contiguous blocks planned to become a major tech and educational hub adjacent to Dallas City Hall. The master plan includes three to five million square feet of office space centered around a new signature city park. Just south of I-30, Hoque Global will develop 15 acres of a former industrial site into a new mixed-use neighborhood called SoGood @ Cedars. The development will be connected to Downtown with a linear park that would run between Good-Latimer and Cesar Chavez along an abandoned rail line.

9 UNT Frisco The University of North Texas will build a 100-acre campus in Frisco to accommodate at least 20,000 students focusing on careers that require digital literacy. The $100M project will include academic and administrative buildings, a wellness facility, student housing, and a library. Construction on the branch campus is set to begin by fall 2020. 2020

5 3 7 10

8

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 Texas High Speed Rail The Texas HighSpeed Train, a project of private railway company Texas Central, will offer a 205-mph, 90-minute ride from Dallas to Houston by 2026, about the same travel time as by air. Irving-based Fluor Corp. and Lane Construction are providing engineering services and consulting work. Station sites have been selected in northwest Houston, just south of downtown Dallas, and in the Brazos Valley, with direct shuttle service to Texas A&M University. 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

WISE

DENTON

Pilot Point

COLLIN

Sanger Alvord

Celina Aubrey Chico

Krugerville Krum Denton

Decatur Lake Bridgeport

Oak Point

Ponder

Runaway Bay Paradise

Corinth DISH

New Fairview

Justin

Springtown Reno

Graford Sanctuary

Rhome

Lakeside

Weatherford

Millsap

Plano

Westlake

Haslet

Grapevine Lake Southlake

Addison Farmers Branch

Keller DFW INTERNATIONAL AIRPORT

Colleyville Watauga North Richland Hills

Saginaw

DALLAS University LOVE Park FIELD

Irving

Euless

Bedford

Highland Park

Haltom Hurst City Richland Hills

FORT WORTH MEACHAM INTERNATIONAL AIRPORT

Lake Worth

Richard

Carrollton

Coppell

Grapevine

NAS FORT WORTH JOINT RESERVE River BASE

Oaks White t Settlemen Westover Hills

Willow Park Hudson Oaks

FORT WORTH

Annetta North Annetta

Hebron

Lewisville

Roanoke Trophy Club

FORT WORTH ALLIANCE AIRPORT

Pecan Acres CDP Pelican Bay Eagle Mountain CDP Azle Eagle Mountain Lake

Cool

The Colony

Flower Mound

Blue Mound

PALO PINTO

Northlake

Newark

Briar CDP

Frisco

Hickory Creek Lewisville Copper Lake Canyon Highland Village Bartonville Double Oak

Aurora

Little Elm Shady Shores

Argyle

Boyd

Mineral Wells

Prosper

Cross Roads

DENTON MUNICIPAL AIRPORT

Bridgeport

Aledo Benbrook

Annetta South

Pantego Grand Prairie

Dalworthington Gardens Arlington

Forest Hill

Edgecliff Village

Mountain Creek Lake

Cedar Hill

PARKER TARRANT HOOD JOHNSON

Crowley

FORT WORTH SPINKS AIRPORT

Rendon CDP

Hu

Mansfield

DeSoto

ERATH

REGIO AIRP

Ovilla

Burleson

Red Oak Oak Leaf

Briaroaks

Oak Trail Shores CDP Godley

Pecan Hill

Midlothian

Cross Timber

Granbury

LancasterLANCA

Glenn Heights

Cresson

Lipan

DALLAS

Cockrell Hill

Duncanville

Joe Pool Lake

Kennedale

Whit Roc Lake

DALLAS EXECUTIVE AIRPORT

ARLINGTON MUNICIPAL AIRPORT

Everman

don

blin

COOKE

MONTAGUE

JACK

Joshua Venus

De Cordova Bend Keene

Waxahachie

Alvarado

Tolar Pecan Plantation CDP

Cleburne Maypearl

Grandview Glen Rose

Stephenville

SOMERVELL

Rio Vista

Italy

Milford

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BOSQUE

Blooming

HILL

Frost

2020


Denison

Sherman

LAMAR

GRAYSON FANNIN

N Anna

DELTA

Wolfe City

HUNT

Weston Blue Ridge

Celeste

Melissa

Commerce

New Hope McKinney

McKINNEY NATIONAL AIRPORT

Neylandville Princeton

Lowry Crossing

Farmersville

Campbell

Fairview Greenville Allen

HOPKINS

Lucas Caddo Mills

Josephine

Parker

St. Paul

Murphy

GROWING COMMUNITY

Nevada Lavon

Wylie

Lone Oak Royse City

dson

P O P U L AT I O N E S T I M AT E : 2 7, 3 74

ROCKWALL

Sachse Garland

Lake ROCKWALL MUNICIPAL Ray AIRPORT Hubbard Rockwall

Rowlett

te ck e

Quinlan Hawk Cove

RAINS

MESQUITE METRO AIRPORT

Forney

30 MINUTES TO D W F I N T E R N AT I O N A L & DALLAS LOVE FIELD AIRPORTS

Terrell

Balch Springs

A C C E S S M A J O R H I G H WAY S : I-635, I-20 & US 175 B U S I N E S S F R I E N D LY AT M O S P H E R E

KAUFMAN

Sunnyvale

S

West Tawakoni

McLendonChisholm

Heath

Mesquite

MESQUITE & DALLAS ISD

Union Valley

Fate

Talty

Seagoville

utchins

Wilmer

ASTER IONAL PORT

Post Oak Bend City

Crandall

DALLAS Ferris

Combine

VAN ZANDT

Oak Ridge

Kaufman

Oak Grove

ELLIS

Scurry

Rosser

Cottonwood Grays Prairie

Kemp

Palmer

Mabank

Garrett

HENDERSON

Ennis

Alma Bardwell

g Grove

Rice Athens

CHRIS DYSER Community Development Director 972-286-4477 (ext: 212) www.CityofBalchSprings.com EFFIE DONALDSON ED Administrative Services Manager 972-913-3004 www.BalchSpringsEDC.com

Emhouse Kerens

NAVARRO

Barry

Powell

Goodlow

Corsicana

2020

Retreat Oak Valley

Mildred Mustang

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ADVERTISER INDEX

REGIONAL ECONOMIC DEVELOPMENT GUIDE

Advertiser Index | 2020 McKinney Economic Development Corp. ..................................Inside Front Cover The Billingsley Company ........................................................................................ 1 Colony Economic Development Corp., The ...........................................................2 City of Waxahachie .................................................................................................4 City of Lancaster Economic Development Corp....................................................6 Rockwall Economic Development Corp .................................................................8 City of Dallas, Office of Economic Development ................................................. 10 Oncor Electric Delivery .......................................................................................... 11 City of Mesquite .................................................................................................... 13 Cedar Hill Economic Development Corp. ............................................................ 15 Frisco Economic Development Corp.....................................................................17 Denton EDP ........................................................................................................... 21 Mansfield Economic Development Corp. ............................................................ 21 Greenville Board of Development ........................................................................25 City of Duncanville ................................................................................................25 Arlington Office of Economic Development ........................................................ 27 City of Southlake................................................................................................... 31 City of Grand Prairie Economic Development .....................................................32 Allen Economic Development ..............................................................................54 City of Farmers Branch ........................................................................................ 89 DART ..................................................................................................................... 90 Downtown Dallas, Inc. ......................................................................................... 112 Sherman Economic Development Corp. ............................................................ 132 City of Forney Economic Development Corp. ................................................... 132 Downtown Fort Worth, Inc. ................................................................................. 139 City of North Richland Hills ................................................................................ 139 City of Burleson .................................................................................................. 144 DeSoto Economic Development Corp. .............................................................. 165 Dallas Love Field ................................................................................................. 169 Town of Westlake ................................................................................................ 170 City of Coppell .................................................................................................... 170 City of Balch Springs Economic Development .................................................. 197 Garland Economic Development Corp. ..................................... Inside Back Cover Town of Addison, Economic Development ........................................... Back Cover Â

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$145+ MILLION $590+ MILLION 4,000+ GROWTH in overall employment approved for business total value of economic and mobility enhancement

development deals

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Bridgeport Runaway Bay

113 acres of lush green space Sidney Moncrief | Addison resident | NBA Hall of Famer | Moncrief One Team

Graford

a nationally-recognized start up incubator Mineral Wells

PALO PINTO

Cool Weatherford

Millsap

a strong sense of community

Gordon

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When you have everything you need to work, play, and live your best life in 4.4 square miles, the benefits really start to add up. Learn more about Addison with Addison Economic Development at AddisonED.com | 972.450.7076

Dublin

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Profile for Dallas Regional Chamber Publications

Dallas Regional Economic Development Guide - 2020  

A financial and logistics overview of the Dallas-Fort Worth market.

Dallas Regional Economic Development Guide - 2020  

A financial and logistics overview of the Dallas-Fort Worth market.