B BUILDING TOMORROW TOGETHER
DA L L AS -
EMER S I H T R O F OR T W
Over the years, I’ve come to expect to see our region at or near the top of most “best cities” or “best places for” lists, particularly when the ranking is based on economics, growth, or corporate recruitment. We lead the nation in population and job growth. We’re No.1 in both categories for 2019 and for the entire 2010 decade, for good reason. Our region is a premier location in the U.S. for headquarters, manufacturers, and logistics. We’re home to an enviable roster of companies across major sectors like aerospace, automotive, data, energy, engineering, insurance, finance, food and beverage, retail, semiconductors, telecommunications, and transportation. Eight Fortune 500 companies have decided to move headquarters here since 2004. The
1 4 / D A L L A S - F O R T W O R T H R E A L E S TAT E R E V I E W
G
BI R O F B U H IN G A S A
OT
ENC I C S E F I L D E CH A N
ES.
most recent is Charles Schwab, whose move to Westlake from San Francisco will take effect Jan. 1, 2021. DFW is also out front with new and emerging sectors. Artificial intelligence, augmented reality, autonomous vehicles, big data, cybersecurity, and distributed ledger technology companies and jobs are here, and growing. We have it all. Almost. You have not seen Dallas at or near the top of any list of “best cities” or “best places for” BY MIKE ROSA when the ranking is based on life sciences or SENIOR VICE PRESIDENT, biotechnology. Chances are we’re not on the ECONOMIC DEVELOPMENT, list at all. DALLAS REGIONAL CHAMBER Boston, San Francisco, San Diego, Washington D.C., Raleigh-Durham, New York, New Jersey, and a few others share that spotlight. More than most sectors, biotech companies cluster when choosing where to build facilities, invest and create jobs, even if costs are higher. Boston, San
FA L L 2 0 2 0