Allen, Texas Community Profile 2024

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ALLEN, TEXAS COMMUNITY PROFILE

Allen is a sought-after location for professionals and their families.

a Glance

Allen is an affluent suburb in Dallas-Fort Worth, the nation’s fourth largest metro. It is 25 miles northeast of downtown Dallas in Collin County, one of the nation’s fastest growing counties.

Allen consistently ranked as a Top Place to Live

Located in Collin County, one of the fastest growing counties in the US

With the recent arrival of new mixed-use corporate campuses, Allen is becoming an office employment center for the region.

To sum it up, Allen is a place where professionals, families and business flourish. Located 35 minutes from DFW International Airport

Demographics

Allen has experienced dramatic population growth over the last 15 years and is expected to exceed 119,000 by 2029

You’ll Love Living Here

Allen is a community where ideas grow and success thrives. When you choose Allen, you’re surrounding yourself with a community that cares.

Source: ESRI 2024

Source:

Nearly 1,900 acres of parks and 82 miles of trails connect to a sixcity trail system.

Located in one of the most affordable large metropolitan areas in the country, residents can enjoy a higher standard of living in Allen. Ample high quality jobs, excellent public schools and a strong park system make Allen an amazing place to live.

Workforce

Allen is part of the Dallas-Fort Worth region that ranks among the top 3 US metro areas for business expansions, relocations and employment growth.

Allen is forecasted for 15% job growth in the next 5 years.

Workforce Growth

Source: JobsEQ 2024

Allen has seen a 54% increase in jobs within the city over the past 10 years.

Employers

Allen’s employers are concentrated in financial services/insurance, information technology, professional services, telecommunications, and electronics.

New to Allen

Regional Office

onsemi

Onsemi, a semiconductor designer, manufacturer and supplier is bringing their design center to Allen. They’ll be taking over a standalone 97,000-SF building, investing over $30 million in capital and creating more than 350 new jobs.

Corporate Headquarters

Fibergrate Composite Structures

The manufacturer and seller of fiberglassreinforced plastic products will move their headquarters to Allen and be the lead tenant at FarmWORKS One, the new Class A office building along the SH 121 corridor.

Playground Boss

Playground Boss, a national distributor of park and play equipment, moved their corporate headquarters to Allen in 2024, taking 11,000 SF of space along the US 75 corridor.

Centerline

of Adults Have a Bachelor’s Degree+

Centerline, a medical practice management organization that delivers programs, technologies and administrative support to post-acute care partners is bringing their corporate headquarters to the Watters Creek District.

Business Climate

Modern, robust transportation infastructure with excellent air, highway and light rail access.

Allen is served by 4 airports within 35 minutes

DFW International and Love Field, home to American and Southwest airlines, offer 250 non-stop destinations (57 international and 183 domestic destinations)

Central Time Zone and direct flights from two hubs, one can fly to either coast and return home for dinner.

Higher Education

The Dallas-Fort Worth metro is the #1 region in Texas for higher education enrollment and degree completion, with more than 70 accredited universities and colleges and 3 Tier-One Research Universities.

(University of Texas at Dallas, University of North Texas at Arlington and University of North Texas)

University of Texas at Dallas Collin College UT Southwestern

Public Tier One University Public Community College with 4 year degrees and dual credit opportunites for local high school students

31,000 students

Internationally recognized academic medical center with four institutions

140 degree programs 58,000 students enrolled 200+ degree and certificates 4,000 medical, graduate, and health profession students, residents and fellows.

Key Programs:

Information Science, Business, Engineering & Science Collin College Technical Campus in Allen has programs in health care, automotive, construction and nursing

Texas’ largest medical school with six Nobel Prize winners on faculty

Allen is home to 22 schools: 1 early childhood campus, 16 elementary schools, 3 middle schools, 1 freshman center and 1 high school

Allen ISD - Where Eagles Soar

Allen ISD’s commitment to excellence, engagement, and future-ready skills places it at the top of national rankings.

Best School District in Texas by Niche

Collin College in Allen and Texas A&M University Partnership

The Engineering Academy at Collin College offers students an opportunity to pursue an engineering degree while co-enrolled at Texas A&M and Collin College.

Students are able to save money during their first two years by taking Texas A&M engineering courses at Collin College before transitioning to Texas A&M.

Allen ISD STEAM Center

The Allen ISD STEAM Center is dedicated to Science, Technology, Engineering, Arts, and Mathematics instruction.

Serving high school students in STEAM-related courses and educational trips for elementary and middle school.

Allen High School

Allen has one high school, uniting the community and concentrating more resources into one large campus.

The 5,300 students have access to world-class programs and facilities not found at typical high schools including: a 1,500-seat performing arts center, a Career and Technology Education (CTE) center, a student-run store with studentdesigned apparel, and a student-run restaurant.

Watters Creek District

With the award-winning Watters Creek District, employers can have an office walkable to highly desirable amenities.

One Bethany at Watters Creek

One Bethany at Watters Creek is a 17-acre corporate office park with 3 Class A office developments: One Bethany East and One Bethany West are substantially leased and the NetScout Systems regional office. One Bethany North is planned as a 9-story, 225,000 SF building within the campus.

One Watters Creek

A 105,000 SF, 4-story, Class-A, tech-friendly office space nestled in the southern part of the district. With frontage on US 75 and easy access to the highway, the building is perfect for easy access. And walkable to all the 70 shops and restaurants in Watters Creek Village.

Watters Creek Village

Watters Creek is a unique, resort-style mixed-use development center that incorporates a creekside village green, interactive public art, a variety of retail options, restaurants, office space and residential lofts.

Access

and

6-city trail

Direct access to

The Future of Allen: The 121 Corridor

With over 900 acres along one of the fastest-growing business corridors in the nation, some of the nation’s most prestigious developers have begun laying the groundwork to attract the next corporate relocations to Allen. All told, these companies will

among 9 million SF of Class A office.

Major Projects on the SH 121 Corridor

The Ranch in Allen

Nestled in the 10-acre property adjacent to Katy Trail Ice House Ranch, the development features two Class A office buildings now pre-leasing for 2026.

Technology Park 121

Four industrial buildings with 370,000 SF of tech flex space delivering in September 2024. Future construction will include 300,000 additional space and townhomes.

FarmWorks One

New 3-story, 100,000 Class A office building delivering September 2024 with lead tenant signed. Part of phase 1 of the mixed-use development The Farm in Allen.

Sloan Corners

Six million SF of Class office planned within the 261 acre mixeduse development. Phase 1 under construction and includes new parks and trails with sculptures, retail and multifamily living.

Entertainment District of SH 121

The addition of innovative businesses investing along the SH 121 corridor reinforces Allen’s growing reputation as a major entertainment destination in North Texas. These unique entertainment venues affirm Allen as one of the most family-friendly places in the Dallas Metroplex.

The HUB

The HUB located at The Farm in Allen, is a comfortable, welcoming spot where people can spend quality time with those they care about, centered around entertainment and great food.

It’s 3-acre open air venue opened in November 2022 and includes a stage, outdoor jumbotron and a 15,000 square feet indoor food hall, plus 23,000 SF of restaurant space.

Coming in 2025

5

High 5 is an entertainment destination offering bowling, laser tag, ax throwing and a large outdoor miniature golf course.

Chicken N Pickle

Chicken N Pickle is an indoor/outdoor entertainment complex with pickleball courts, yard games, large restaurant and sports bar.

Katy Trail Ice House Ranch

Katy Trail Ice House Ranch will span 6 acres with direct access to trails and a creek connecting to the 6 city trail system.

High

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