Dallas Economic Development Guide - 2015

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2015


McKinney Economic Development Corporation

PROUD OF OUR PAST. EXCITED ABOUT OUR FUTURE. “Our partnership with MEDC has made us one of the top employers in McKinney and we are thrilled to be a part of this community.” -Daniel Jones, President & CEO Encore Wire Corporation

“McKinney is the right place for Monarch Air to grow and expand. The staff is passionate and knowledgeable, and I anticipate that we will continue to have a long and successful partnership as we grow together.” -Trey Sawtelle, President Monarch Air

MEDC ECONOMIC IMPACT 2014

17

ECONOMIC DEVELOPMENT PROJECTS

CAPITAL INVESTMENT

1,517

$91.4M NEW JOBS CREATED

McKINNEY ECONOMIC DEVELOPMENT CORPORATION -MONEY 2014-

www.mckinneyedc.com • 972-547-7651


COMPANIES ON THE MOVE MOVE TO ALLEN, TX

Watters Creek - a 704,000 sf mixed-use urban resort

New Class A office developments near mixed-use, amenity-rich environments

121

AL AIRPORT INTERNATION FW D TO S TE 35 MINU

• America’s Top 25 Best Cities to Relocate - Forbes • Top 10 Best Suburbs - D Magazine • Collin County Location 500,000 -SF CLASS A OFFICE PARK DEVELOPMENT

Allen Central Park

AllenPlace Office Complex

Watters Creek a t M o n t g o m e r y Fa r m

30 M INUT ES T O

DOW NTO WN

DAL LAS

1,000,000-SF CLASS A OFFICE PARK ADJACENT TO WATTERS CREEK

BETHANY DRIVE

For more information contact: Dan Bowman, Executive Director / CEO dbowman@allentx.com • 972.727.0252

Visit AllenTX.com




A D A L L A S REGION A L CH A MBER P UBL IC AT ION

E XC L USI V E LY P UBL ISHE D B Y

D CUS T OM, A DI V ISION OF D M AG A Z INE PA R T NERS P U B L I C AT I O N S

PUBLISHER Quincy Curé Preston 214.523.5215 quincy.preston@dcustom.com

PROJECT EDITOR Kathy Lawrence

MANAGING EDITOR Stephanie Davis

DFW AIRPORT WILLIAMS SQUARE, IRVING

ADDISON CIRCLE

DENTON COUNTY COURTHOUSE

MARGARET HUNT HILL BRIDGE, DALLAS

ART / PRODUCTION Michael Samples

DIRECTOR OF SALES REUNION TOWER, DALLAS

OMNI HOTEL, FORT WORTH

PEROT MUSEUM OF NATURE AND SCIENCE

AT&T STADIUM, ARLINGTON

Kyle Moss 214.523.5247 kyle.moss@dcustom.com

INTERNS Noelle Jabal Stephanie McKeever

B E T T E R C O N T E N T. B E T T E R M A R K E T I N G .

PRESIDENT Paul Buckley

DART

GENERAL MANAGER Jas Robertson

CREATIVE DIRECTOR Kyle Phelps

WILL ROGERS MEMORIAL CENTER, FORT WORTH

DIRECTOR OF PRODUCTION Diane Testa

DALLAS ZOO

PRODUCTION MANAGER Pedro Armstrong

TRINITY AUDUBON CENTER, DALLAS

URBAN VILLAGES UNT DALLAS

INLAND PORT

TOWN SQUARES

MARKETING MANAGER Jessica Fritsche

Dallas-Fort Worth Economic Development Guide is published for The Dallas Regional Chamber by D Custom, a division of D Magazine Partners, 750 N. St. Paul St., Ste. 2100, Dallas, TX 75201; www.dcustom. com, 214.523.0300. ©2015 All rights reserved. No part of ths publication may be reproduced or reprinted without written permission. Neither the Dallas Regional Chamber nor D Custom is a sponsor of, or committed to, the views expressed in these articles. The publisher is not responsible for unsolicited contributions. For reprints, call 214.523.5215.

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


DALLAS IS BIG... BUILDINGS, BUSINESS, ARTS, CULTURE, STEAKS, SPORTS, FUN, IMAGINATION & MORE!

City of Dallas Office of Economic Development Dallas-EcoDev.org \ 1500 Marilla Street, Room 5CS \ Dallas, Texas 75201 \ 214.670.1685 Photography: Iwan Baan, Winspear Opera House; Brian Birzer Photography, The Traveling Man

\

Concept and Design: Dennard, Lacey & Associates


134 TAXES AND INCENTIVES Taxes and Union Activity ............................... 134 State and Local Incentives ........................... 136

2015

140 UTILITIES Water, Sewer, Gas and Telecommunications ...................... 140 Electricity .......................................................... 142

DALLAS 14 THE REGIONAL CHAMBER

Cost of Living.................................................... 144 Arts, Culture and Entertainment ................ 146

Economic Development Services ..................14

Economic Forecast ............................................72

Blueprint Investors ............................................16

Global Trade .........................................................74

Attractions and Amenities............................ 150

DFW Marketing Team ........................................18

Accolades .............................................................76

Parks and Recreation..................................... 152

Economic Development Allies ........................20

Economic Metro-to-Metro Comparisons .......................................................78

Membership .........................................................24 Top Investors .......................................................26

28 ACCESS

80 THE BUSINESS COMMUNITY Major Companies and Headquarters ..............................................80

154 HOUSING Housing Costs .................................................. 154 Housing Choices .............................................. 156

160 SCHOOLS

The Dallas–Fort Worth Region .......................28

Fortune 1000 ......................................................84

Location ...............................................................30

Small Business....................................................86

School Districts ............................................... 160

Transportation ....................................................32

The Entrepreneurial Community....................88

Private Schools................................................ 162

Public Transit.......................................................34

International Companies .................................92

Mobility 2035.......................................................36 Commuting Patterns ........................................38

Major Expansions and Relocations ..................................................94

Drive Times ..........................................................40

Cost of Doing Business .....................................98

Traffi c Counts ................................................... 164

Corporate Business Climate Comparison ....................................... 100

Major Transportation Construction Projects ................................... 166

DFW International Airport and Dallas Love Field.........................................42 Non-Stop Flight Times from Dallas-Fort Worth ..............................................44

46 PEOPLE Regional Population ..........................................46

102 INDUSTRY CLUSTERS Advanced Services ......................................... 102 Manufacturing ................................................. 104 Financial ............................................................ 106

164 AROUND THE REGION Signifi cant Projects ........................................ 168 Future Projects................................................ 170 Urban Core ........................................................ 172 Dallas .................................................................. 174 Eastern Dallas County Area .......................... 176 Northwest Dallas County .............................. 178

Population Density and Growth .....................50

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

Demographics .....................................................52

High Tech ........................................................... 112

Dallas Fort-Worth Market Tapestry ..............54

Health Care ....................................................... 114

Southern Dallas County Area ....................... 182

Migration Patterns ............................................56

Life Sciences .................................................... 116

Park Cities and Vicinity .................................. 184

Demographic Metro-toMetro Comparisons ...........................................58

Aviation and Aerospace ................................. 118

Arlington/Grand Prairie Area ....................... 186

Telecommunications ...................................... 120

Fort Worth and Vicinity ................................. 188

Data Centers .................................................... 122

Northeast Tarrant County ............................. 190

Hospitality ......................................................... 124

Denton Area ...................................................... 192

Industry Sectors ................................................62

126 COMMERCIAL REAL ESTATE

Eastern Collin County..................................... 196

Wages and Salaries ...........................................64

Offi ce Clusters.................................................. 126

Occupation Clusters ..........................................66

Industrial Clusters .......................................... 128

Training, Colleges and Universities ...............68

Retail Clusters ................................................. 132

60 WORKFORCE, EDUCATION AND TRAINING Labor Supply ........................................................60

6

72 THE ECONOMY

144 QUALITY OF LIFE

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Northeast Dallas County ............................... 180

Western Collin County ................................... 194

198 APPENDIX Regional Maps .................................................. 198

2015


610 Uptown Class A Office

Build-to-suit Sites Available

THIS is Cedar Hill

LAND OF OPPORTUNITIES Cedar Hill’s robust development has made it a prime location for commercial, industrial, residential, retail and recreational opportunities. Located in the beautiful hill country environment of Joe Pool Lake and the Cedar Hill State Park, Cedar Hill is the natural choice for those who want big-city amenities with a small-town ambience.

° Pro-business environment with a workforce of over 1 million within a 30-minute drive time

° Low taxes, low cost of living, quality education,

over 3 million sf of retail, and Class A office space

° To facilitate and energize relocation and

expansion, Cedar Hill offers aggressive economic development incentives

° 20 minutes from Downtown Dallas ° US 67/Rail-served Business Park 285 Uptown Boulevard • Bldg 100 • Cedar Hill, Texas 75104

Allison J. H. Thompson, CEcD, EDFP - Director ° allison.thompson@cedarhilltx.com ° 972.291.5132 ext.5 ° cedarhilledc.com Rolling Hills and Panoramic Vistas

Uptown Village at Cedar Hill

Visit our website

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DALLAS REGIONAL CHAMBER | WELCOME

WELCOME

A LETTER FROM THE DALLAS REGIONAL CHAMBER

Welcome to the Dallas region, one of the most prosperous, fast-growing – and friendly – regions in the country. We’re glad you’re here. And what a time to be here! In 2014, the Dallas region ranked #1 in the U.S. in new jobs – and it’s no surprise. We can offer businesses great advantages, including a central location coupled with the world’s largest airline and the nation’s largest airline both headquartered here. American Airlines, offering more than 50 non-stop international flights, is based at DFW, DALE PETROSKEY President and Chief the world’s third busiest airport, and Southwest Airlines, the Executive Officer largest U.S. airline, is based at Love Field and recently began Dallas Regional Chamber direct flights to every corner of the United States – and beyond – for the first time ever in October 2014. Other advantages to businesses include low taxes, low workers compensation insurance rates, and limited regulation. And Texas is a Right-to-Work state. That business climate is a major reason our area is attracting about 1,000 new people every week. The Dallas-Fort Worth region has climbed from the ninth to fourth largest metropolitan area in the U.S. in just the past 25 years, with a population today of nearly 7 million. The fastest-growing segment of that population is young and highly-educated, many of them moving here to fill the talent needs of our local companies. Not only are the jobs plentiful, but those who move here for those jobs are quickly finding out why Dallas is one of the best places anywhere to live, work, and play. Reasonable housing costs and no state income tax allow dollars to stretch further here. The business community has a “can-do” spirit, loves to celebrate success, and is filled with optimism for the future. And the sports, arts, and entertainment scene is worldclass, with noted performances, performers, and teams in town just about every day of the year. With all that we have going for us, it’s no surprise that 18 Fortune 500 companies, 40 Fortune 1,000 companies, and 9 Forbes Top Private Companies are headquartered here. And more and more companies are choosing to move here every day. The Dallas region consistently ranks among the top three U.S. metropolitan areas for business expansions, relocations, and employment growth. The Dallas Regional Chamber is dedicated to promoting even greater economic prosperity, strengthening the voice of business, and improving the quality of life in our region. We serve as a single point of contact for companies, site selection consultants, and corporate real estate executives who are considering a move here. We are proud to connect you with other professionals, and to help you grow your business. It could not be a more exciting time to be living and doing business in the Dallas region, and everyone here at the Chamber looks forward to working with you for many years to come! All Best Wishes,

Dale Petroskey President and CEO

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


Frisco, Texas is one of the few places where the grass is actually greener. ■

16,000+ acres available for development

Skilled, highly-educated workforce of 68,000

25 minutes from DFW International Airport

Innovative city leadership

Competitive incentives for qualified projects

Get here as fast as you can and bring your dreams.

Frisco Economic Development Corporation | 6801 Gaylord Pkwy., Ste. 400 | Frisco, TX 75034 | 972.292.5150 | FriscoEDC.com


PRIME SPACE FOR LEADERS

Top 20

Best Places to Live in the U.S.

Top 10

Most Affordable Homes in the U.S.

Top 25

Top 15

CNN/Money Magazine

CNN/Money Magazine

D Magazine

Safewise

in Best Suburbs List

of 50 Safest Texas Cities


A GROWING, EDUCATED POPULATION 2015 2010 2000

RETAIL TRADE AREA (RTA) POPULATION ALMOST TRIPLED IN THE LAST 15 YEARS

COLLEGE GRADUATES DOMINATE RTA POPULATION, AT OVER 50%

$114,854

14.72%

2014 ESTIMATED AVERAGE HOUSEHOLD INCOME

• • • •

AWARD-WINNING COMMERCIAL DEVELOPMENTS

Nebraska Furniture Mart - opening Spring 2015 400-acre Grandscape Development - opening Spring 2015 The Cascades – mixed use along SH 121 Austin Ranch – mixed use minutes from SH 121

UPSCALE LIVING & RECREATION • • • • •

The Tribute - A premier lakeside golf community TopGolf - Award-winning entertainment complex Old American Golf Club - named to Golf Magazine’s Top 5 Best Public Golf Courses in Texas 23 shoreline miles on Lake Lewisville 3,000 acres of park land - one of highest acres of parks per capita in Texas

RETAIL TRADE AREA PROJECTED GROWTH 2014-2019

BUILDING FOR THE FUTURE • • • • •

Main Street/FM 423 widening project Plano Parkway widening project Connecting Memorial Drive to Spring Creek Parkway New Nebraska Furniture Mart/121 SRT overpass New Headquarters Drive/Grandscape Drive overpass

IN THE HEART OF D/FW METROPLEX • • • • •

15 minutes to D/FW International and Dallas Love Field airports 25 minutes north of Downtown Dallas 40 minutes to Alliance Industrial Airport 8 minutes to Interstate 35E and Dallas North Tollway

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


Search Midlothian, Texas

Discover the best DFW community for business that you never really knew. Search Midlothian on-line, or simply give us a call, and find a team ready to help your business grow. www.Midlothian-TX.org

972-723-3800


HIGHWAY ACCESS AND AVAILABLE WORKFORCE MAKE

MIDLOTHIAN, TX

READY FOR BUSINESS Located along major highways just 30 minutes south of Dallas and Fort Worth

AVAILABLE WORKFORCE

THREE MILLION people within a 45 mile commute

A local government that fosters a pro-business environment

Come visit this growing community. Midlothian Economic Development is prepared to strategically support and enhance Midlothian your expanding operations and help you Make Something provides the ideal Great Here. combination of an advanced

approach to education and industrial development with rural work values and ethics.

Santa Fe

Two large business parks offer exceptional opportunities for location along US Highway 67:

40

Oklahoma City

35

27

30

Fort Worth

• RailPort, a 1,700-acre dual rail-served

business park development, with construction-ready Greenfield sites on parcels of 10 to 200 acres well suited for enterprise ranging from light industrial and manufacturing facilities to heavy industrial or warehouse and distribution operations.

Dallas

20 35

Denton

45

10 Plano

10

35W

635 161

Fort Worth

35

37

20

30

30

Irving

820

Dallas

Arlington

30 360

820

20 20

287

67

Mansfield

35E 35W

67

Midlothian Waxahachie

Alvarado

35W 35E

• Midlothian Business Park, a new development

ideal for light and heavy industrial development with easy access for companies supporting existing area industry or capitalizing on new business prospects in the growing Texas economy.

MidlothianTexas

Hillsboro

310 North 9th Street, Suite A Midlothian Texas 76065 972-723-3800 www.Midlothian-TX.org

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ECONOMIC DEVELOPMENT SERVICES PHOTO: MICHAEL SAMPLES

The Dallas Regional Chamber is committed to promoting prosperity through sound public policy, focused economic development, member education and engagement. The Chamber’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.

QUALIFICATIONS AND SERVICES 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 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

ECONOMIC DEVELOPMENT CONTACTS MIKE ROSA

SARAH CARABIAS-RUSH

JESSICA HEER

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

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

Vice President 214-746-6691 jheer@dallaschamber.org

ERICA FLORES

PENNY LYNCH

MARGARET SELID

Director 214-712-1921 eflores@dallaschamber.org

Manager 214-746-6739 plynch@dallaschamber.org

Manager 214-712-1968 mselid@dallaschamber.org

INNOVATION CONTACTS Innovation supports the launch and growth of innovation activities in local universities, increasing capital for startups in our region, communicating the region’s innovation ecosystem on a national level, taking a leadership role in bringing together key players to form an innovation district and creating regional research alliances to increase our university research strengths.

JEREMY VICKERS

TARA VORNKAHL

Vice President 214-712-1951 jvickers@dallaschamber.org

Manager 214-746-6618 tvornkahl@dallaschamber.org

RESEARCH CONTACTS Business Information and Research works to ensure that Chamber leaders, the larger business community and other key decision makers have ready access to state-of-the-art information resources by collecting business and economic data, developing focused economic analysis and offering custom research services and products.

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

DUANE DANKESREITER

ERIC GRIFFIN

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

Director 214-746-6688 egriffin@dallaschamber.org

2015


The Blueprint for Prosperity is a DRC campaign that gives organizations in our region a chance to give back to our community in a bigger way than ever before. With investments in Blueprint, we are able to accelerate growth and cultivate an even more vibrant business environment. Campaign funds are specifically targeted for implementing our strategic plan initiatives for economic development, education, and public policy. Through the DRC’s Blueprint for Prosperity, you can join the more than 150 organizations that have made an additional investment to help us achieve our strategic plan goals.

Join us in accelerating our region’s success. Invest in Blueprint. DallasChamber.org/Blueprint Become a Top 10 region

THE FIVE PRIORITIES FOR ECONOMIC DEVELOPMENT ARE:

for Fortune Global 500 headquarters and a Top 3 region for major public and private United States headquarters. Become a Top 5 GDP market in

DALLAS REGIONAL CHAMBER |  CHAMBER | XXXXXXX ECONOMIC DEVELOPMENT SERVICES

BLUEPRINT FOR PROSPERITY

the United States.

Add more total jobs than any other United States region from 2010-15.

Be a Top 5 United States region for new technology jobs created from 2010-15.

Increase annual Dallas region venture capital investment by 50 percent to become a Top 10 United States region.

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

15


BLUEPRINT INVESTORS Blueprint for Prosperity is a fi ve-year strategic economic development plan to promote the recruitment of corporate relocations and expansions to the region. Through additional investment directly into the Blueprint campaign, 150 companies have chosen to partner with us in this effort. For more information about investing in the Blueprint Prosperity Campaign, please contact the Chamber at 214-746-6600.

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015 INVESTORS 24 Hour Quality Home Healthcare Accenture Acme Brick Company Active Network Aerotek, Inc. Aetna AIG All-Tex Pipe & Supply Amegy Bank American Airlines Andrews Distributing Company Armstrong Relocation AT&T Atmos Energy Corporation Austin Industries Avison Young Axxess Bain & Company Balfour Beatty Construction Bank of America Bank of Texas Baylor Scott & White Health BB&T BBVA Compass BDO USA, LLP The Beck Group Billingsley Company BKM Total Office of Texas Blue Cross and Blue Shield of Texas BOKA Powell, LLC The Brandt Companies Briggs Freeman Sotheby’s International Realty The Brinkmann Corporation BURY Capital One Bank CBRE Group Champion Partners Chase Children’s Medical Center Citi Clampitt Paper Co. ClubCorp Coca-Cola Refreshments Colliers International Comerica Bank Copart Corgan Associates, Inc. Corrigan Investments Cushman & Wakefield of Texas Dal-Tile Corporation Dallas Morning News Deloitte Duke Realty Corp. E Smith Realty Partners Ebby Halliday, Realtors

Energy Future Holdings Ewing Automotive Group EY FedEx Office Fidelity Investments Flowserve Corporation Fluor Corporation Freeman Frito-Lay North America Frost Bank Furniture Marketing Group Gardere Wynne Sewell Gensler Glazer’s Golden Living Granite Properties Grant Thornton Halff Associates, Inc. Hattie Hill Enterprises Haynes and Boone Henry S. Miller Brokerage LLC Herman Miller Highland Capital Management Hill & Wilkinson Hillwood Development Company HKS HOK HollyFrontier Corporation Holmes Murphy & Associates HOLT CAT Huawei Technologies Humana Hunt Consolidated Huselton, Morgan & Maultsby InStaff Interceramic, Inc. INTERPRISE, The Design Resource Jackson Walker Jacobs JLL Jones Day KDC Real Estate Development Knoll Korn/Ferry International KPMG Kroger Littler Mendelson Locke Lord Mary Kay, Inc. Methodist Health System MetroTex Association of Realtors MHBT, Inc. Microsoft Corporation NCH Corporation NEC Corporation of America

Norton Rose Fulbright ONCOR PDS Tech Pinnacle Technical Resources PlainsCapital Bank Prime Rail Interests Purdy-McGuire PwC Quality Technology Services Reliant, an NRG Company Rent-A-Center Schmidt & Stacy Consulting Sewell Automotive Companies Site Selection Group Southern Methodist University Southwest Airlines Southwest Office Systems Spire Realty Group, LP Stewart Title Strasburger & Price State Farm Insurance Companies Stravis Consulting StructureTone Southwest Supreme Lending SWS Group TDIndustries Telios Tenet Healthcare Corporation Texas Capital Bank Texas Health Resources Texas Instruments Texas Rangers Texas Woman’s University Time Warner Cable Business Class TM Advertising Towers Watson Transwestern Trinity Industries Turner Construction Company UMB Bank University of North Texas System University of Texas at Arlington University of Texas at Dallas UT Southwestern Medical Center Verizon Foundation Verizon Wireless Weitzman Group – Cencor Realty Walton Development Wells Fargo Whitlock Group Winstead PC

2015


exists to support the Dallas entrepreneurial ecosystem by providing resources, mentoring, education, space, training, and access to capital to hundreds of startups. The DEC is built as a resource center to connect existing and new resources inside the region and across the U.S. through a concerted marketing and branding effort.

THE DALLAS ENTREPRENEUR CENTER

LEARN MORE AT THEDEC.CO OR FOLLOW US @THEDECTX


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.

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 > Distribution facilities > Corporate headquarters > Retail > Call centers > Mixed-use developments > Residential land > Transit-oriented developments > Tourism sites > Airport properties

For more information about the DFW Marketing Team, please call Jessica Heer at 214-746-6691.

www.DFWmarketingteam.com

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


DALLAS REGIONAL CHAMBER |  DFW MARKETING TEAM

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

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ECONOMIC DEVELOPMENT ALLIES The Dallas Regional Chamber proudly supports economic development in the 13-county Dallas-Fort Worth region by maintaining relationships with more than 75 key local community allies.

ADDISON, TOWN OF

BEDFORD, CITY OF

Orlando Campos Director Economic Development 972-450-7034

Beverly Griffith City Manager 817-952-2101

Drew Dietrich Economic Development Manager 972-450-7039 ALLEN ECONOMIC DEVELOPMENT CORPORATION Dan Bowman Executive Director/CEO 972-727-0228 David Ellis Assistant Director 972-727-0250 Tracey Cline Business Retention & Expansion Coordinator 972-727-0250 ANNA, CITY OF Jessica Perkins Chief Administrative Officer 972-924-3325

Bill Syblon Director of Development Services 817-952-2175 BENBROOK ECONOMIC DEVELOPMENT CORPORATION Patricia Taber Specialist 817-249-6091 BRIDGEPORT ECONOMIC DEVELOPMENT CORPORATION Flynn Sterling Executive Director 940-683-3490 Lisa Patterson Executive Assistant 940-683-3490 BURLESON, CITY OF

ARLINGTON, CITY OF

Justin Bond Manager of Economic Development 817-426-9684

Bruce Payne Economic Development Manager 817-459-6114

Alex Philips Economic Development Coordinator 817-426-9613

Marcus Young Economic Development Specialist 817-459-6117

CARROLLTON, CITY OF

Andrea Roy Economic Development Specialist 817-459-6115 ATHENS ECONOMIC DEVELOPMENT CORPORATION Lisa Denton Executive Director 903-675-4617 AZLE, CITY OF Susie Hiles Assistant to the City Manager 817-444-2541 Craig Lemin City Manager 817-444-2541

Tom Latchem Director of Economic Development 972-466-3299 CEDAR HILL ECONOMIC DEVELOPMENT CORPORATION Allison Thompson Executive Director 972-291-5132 x5 Andy Buffington Marketing Manager 972-291-5132 x4 CELINA ECONOMIC DEVELOPMENT CORPORATION Corbett Howard Executive Director 972-382-8949 CLEBURNE, CITY OF

COMMERCE ECONOMIC DEVELOPMENT CORPORATION Bonnie Hunter Executive Director 903-886-1121 COPPELL, CITY OF Mindi Hurley Economic Development Coordinator 972-304-3677 CORINTH ECONOMIC DEVELOPMENT CORPORATION Guy Brown Executive Director 940-498-3284 CRANDALL ECONOMIC DEVELOPMENT CORPORATION James Stroman Board President 972-427-8300 DALLAS COUNTY Rick Loessberg Director of Planning & Development 214-653-7601 DALLAS, CITY OF Karl Zavitkovsky Director, Office of Economic Development 214-670-5140 J. Hammond Perot Assistant Director, Office of Economic Development 214-670-1696 Chris O’Brien Senior Coordinator 214-670-1626 DALLAS REGIONAL CHAMBER Mike Rosa Senior Vice President, Economic Development 214-746-6735 Jessica Heer Vice President, Economic Development 214-746-6691 Sarah Carabias-Rush Vice President, Economic Development 214-746-6750

Caitlin Glenn Economic Development Director 817-444-7076

Jessica James Marketing Manager 817-645-0906 COLLEYVILLE, CITY OF

Erica Flores Director, Economic Development 214-712-1921

BALCH SPRINGS, CITY OF John Hubbard EDC Director 972-913-3009

Marty Wieder Director of Economic Development 817.503.1060

Penny Lynch Manager, Economic Development 214-746-6739

Chris Dyser EDC Planner/City Planner 972-557-6082

Carlie Dorshaw-Moe Coordinator 817-503-1062

Margaret Selid Manager, Economic Development 214-712-1968

Effie Donaldson EDC Specialist 972-913-3004

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

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Eric Griffin Director, Business Information & Research 214-746-6688 Jeremy Vickers Vice President, Innovation 214-712-1951 Tara Vornkahl Manager, Innovation 214-746-6618 DECATUR ECONOMIC DEVELOPMENT CORPORATION Mary Poche Executive Director 940-393-0352

ENNIS, CITY OF Marty Nelson Economic Development Coordinator 972-921-4794 EULESS, CITY OF Mike Collins Director, Planning & Economic Development 817-685-1684

Michael Box City Manager 817-293-0525 Michael Nicoletti Director, Economic Development 817-293-0525

Connie Hearne Administrative Assistant to City Manager 972-223-1690 X 215

Melonye Whitson Senior Director 817-338-3393

GRANBURY, CITY OF

FAIRVIEW, TOWN OF

Erica Estrada Manager, Domestic & International Recruitment 817-338-3392

FARMERS BRANCH, CITY OF

Tony Kaai President 903-464-0883

John Land Managing Director, External Operations 972-919-2512

Adam Gawarecki Vice President 940-382-7151 Karen Boenker Administrative Assistant 940-382-7151 DESOTO ECONOMIC DEVELOPMENT CORPORATION Jeremiah Quarles CEO 972-230-9605 Antoine Long Economic Development Specialist 972-230-9608 Alicia Villanueva Administrative Assistant 972-230-9611 DFW INTERNATIONAL AIRPORT John Brookby Assistant Vice President, Commercial Development 972-973-4645

FRISCO ECONOMIC DEVELOPMENT CORPORATION Jim Gandy President 972-292-5160

Scott Sopchak Planning Director 817-573-1114 x1127 GRAND PRAIRIE, CITY OF Bob O’Neal Director of Business and Retail Recruitment 972-237-8081 Terry Jones Business Development Manager (Industrial Projects) 972-237-8020

Allison Cook Economic Development Manager 972-919-2507

Dave Quinn Vice President 972.292.5158

Madison Clark Economic Development Assistant 972-919-2509

John Bonnot Director of Economic Development 972-292-5143

Dan Truex City Manager’s Office 817-410-3153

FARMERSVILLE ECONOMIC DEVELOPMENT CORPORATION

Harry Whalen Director of Business Development 972-292-5156

Robert Farley Economic Development Manager 817-410-3153

Stefanie Wagoner Director of Business & Expansion 972-292-5157

GREENVILLE BOARD OF DEVELOPMENT

Daphne Hamlin FEDC Administrator 972-782-6151 FATE, CITY OF Justin Weiss Assistant to City Manager, Economic and Community Development 972-771-4601 x110 FERRIS, CITY OF Chuck Dart Economic Development & Main Street Director 972-842-2923 FLOWER MOUND, TOWN OF Jimmy Stathatos Town Manager 972-874-6089 Mark Wood Economic Development Director 972-874-6045

Darcy Schroer Director of Marketing 972-292-5155 Elise Back Manager of EB-5 972-292-5144 Julie Floyd Office Manager 972-292-5159 GAINESVILLE ECONOMIC DEVELOPMENT CORPORATION Arleene Loyd Executive Director 940-665-5241 Mandy Davis Executive Assistant 940-665-5241

DUNCANVILLE, CITY OF

FOREST HILL, CITY OF

GARLAND CHAMBER OF COMMERCE

Lynda Humble Interim City Manager 972-780-5003

Shey Ipaye City Manager 817-568-3009

David Gwin Executive Director

2015

Ray Moody Code Enforcement 254-897-2272

GLENN HEIGHTS, CITY OF

DENISON DEVELOPMENT ALLIANCE

DENTON ECONOMIC DEVELOPMENT PARTNERSHIP

Kayla Bryson Economic Development Coordinator 972-564-5808

GLEN ROSE, CITY OF

David Berzina CEcD Vice President, Economic Development 817-338-3390

EVERMAN, CITY OF

Ray Dunlap Economic Development Manager 972-886-4222

Loretta Rhoden Vice President of Operations 903-464-0883

Warren Ketteman Director 972-564-5808

Diane Whitlock Economic Development Assistant 469-326-7447

FORT WORTH CHAMBER OF COMMERCE

Ida Mae Burnett Business Intelligence Specialist 940-393-0353

William Myers Vice President 903-464-0883

FORNEY ECONOMIC DEVELOPMENT CORPORATION

Ayako Schuster Vice President of Economic Development 469-326-7464

GRAPEVINE, CITY OF

DALLAS REGIONAL CHAMBER |  CHAMBER | XXXXXXX ECONOMIC DEVELOPMENT ALLIES

Duane Dankesreiter Vice President, Business Information & Research 214-746-6772

Greg Sims President/CEO 903-455-1197 Kim Buttram Director, Business Development 903-455-1197 Barbara Carter Executive Assistant 903-455-1197 HALTOM CITY Susan White Business Development Coordinator 817-222-7723 HASLET, CITY OF David Miracle Executive Director of Economic Development 972-965-6348 HEB ECONOMIC DEVELOPMENT FOUNDATION Mary Frazior Director 817-540-1053

D A L L A S ECONOMIC DEVELOPMENT G U I D E

21


DALLAS REGIONAL CHAMBER |  ECONOMIC DEVELOPMENT ALLIES

HICKORY CREEK, TOWN OF Sydney Leyva Administrative Assistant 940-497-2528 HIGHLAND VILLAGE, CITY OF Michael Leavitt City Manager 972-899-5131 Autumn Aman Development Coordinator 972-899-5093 HURST, CITY OF Steve Bowden Director, Economic Development 817-788-7025 HUTCHINS ECONOMIC DEVELOPMENT CORPORATION Guy Brown 972-225-4449 IRVING ECONOMIC DEVELOPMENT PARTNERSHIP Don Williams VP Economic Development 214-507-5091 Joey Grisham Director Business Recruitment 214-217-8484 JOHNSON COUNTY ECONOMIC DEVELOPMENT COMMISSION Diana Miller Executive Director 817-556-6985 JUSTIN ECONOMIC DEVELOPMENT CORPORATION Ashley Stathatos City Manager 940-648-2451 KAUFMAN ECONOMIC DEVELOPMENT CORPORATION Lee Ayres Executive Director 972-932-5332 KEENE, CITY OF Bill Guinn City Administrator 817-641-3336 x36 KELLER, CITY OF

KENNEDALE ECONOMIC DEVELOPMENT CORPORATION Bob Hart Executive Director 817-985-2102 LAKE DALLAS, CITY OF Nick Ristagno Interim City Manager 940-497-2226 x121 LAKE GRANBURY AREA ECONOMIC DEVELOPMENT CORPORATION

MESQUITE, CITY OF Tom Palmer Manager of Economic Development 972-216-6340

Mike Cain Director of Economic Development 214-486-6323 Sharon Cook Economic Development Consultant 214-486-7030 OVILLA, CITY OF Cyndy Powell Economic Development CEO

Sarah Fickes Management Analyst for Economic Development 972-216-6446

Holly Brackeen Coordinator 817-279-9991

MIDLOTHIAN ECONOMIC DEVELOPMENT

PANTEGO ECONOMIC DEVELOPMENT CORPORATION

Larry Barnett President/CEO 972-723-3800

Matthew Fielder Town Manager 817-274-1381

Jennifer Baker Marketing Manager 972-723-3800

Bill Brown President 682-551-1228

Belinda Wadsworth Administrative Assistant 972-723-3800

Pamela Mundo Consultant 214-773-0966

MURPHY ECONOMIC DEVELOPMENT CORPORATION

PILOT POINT, CITY OF

LAKE WORTH, CITY OF Jami Woodall Economic Development Coordinator 817-237-1211 x106 LANCASTER, CITY OF Ed Brady Director of Economic Development 972-218-1314 LAVON ECONOMIC DEVELOPMENT CORPORATION Pamela Mundo Executive Director 214-773-0966 Kay Wright President 469-867-9258 Micki Hollien Administrative Assistant 818-640-4602 LEWISVILLE, CITY OF Nika Reinecke Director, Economic Development 972-219-3750 LITTLE ELM, CITY OF Jennette Killingsworth Executive Director of EDC 214-975-0455 MANSFIELD ECONOMIC DEVELOPMENT CORPORATION

DeAnna Beseda Director, Economic Development 817-743-4020

Richard Nevins Assistant Director Economic Development 817-453-1006

KEMP ECONOMIC DEVELOPMENT CORPORATION

MCKINNEY ECONOMIC DEVELOPMENT CORPORATION

Billy Teel President 214-803-7889

Jim Wehmeier President & CEO 972-562-5430

Dorothy Locklin EDC Secretary 903-275-1581

Abby Liu Executive Vice President 972-547-7688

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Chad Walker Director of Business Development 972-547-7659

ONCOR ELECTRIC DELIVERY

Warren Ketteman Executive Director 817-279-9991

Cayti Stein Director of Marketing & Research 972-562-5430 x109

22

John Valencia Director of BREP and ET 972-562-5430

Kristen Roberts Director of Economic and Community Development 972-468-4006 Tina Stelnicki Community Development Coordinator 972-468-4118

Brad Piland Director of Public Works 972-617-7262

John Dean City Manager 940-686-2165 Amanda Davenport Director of Economic Development 940-686-6488 Paul Jackson Economic Development Manager 940-686-2165

Lori Knight Executive Assistant 972-468-4014

Alice Holloway City Secretary 940-686-2165 x19

NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS

PLANO ECONOMIC DEVELOPMENT

Donna Coggeshall Manager of Research and Technical Services 817-695-9168 NORTH RICHLAND HILLS, CITY OF Craig Hulse Director, Economic Development 817-427-6091

Sally Bane Executive Director 972-208-8300 Elaine Hamm Director, Business Retention and Expansion 972-208-8300 PRINCETON, CITY OF

NORTHEAST TARRANT CHAMBER OF COMMERCE

Derek Borg City Manager 972-736-2416

Jack Bradshaw President & CEO 817-281-9376

Kathy Morris EDC Coordinator 972-736-2416

Belinda Alles Vice President 817-281-9376

PROSPER, TOWN OF

NORTHLAKE, TOWN OF

Robert Winningham Executive Director/CEO 972-346-3397

Nathan Reddin Development Director 940-242-5703

Sam Blatt Economic Development Associate 972-346-3397 Garrett Weaver Economic Development Specialist 972-346-3397

2015


ROYSE CITY,

Lee McCleary Economic Development Director 972-617-6831

Larry Lott Executive Director 972-636-2183

RICHARDSON ECONOMIC DEVELOPMENT PARTNERSHIP

SACHSE ECONOMIC DEVELOPMENT CORPORATION

Bill Sproull President & CEO 972-792-2801

Leslyn Blake Chief Executive Officer 469.429.4764

John Jacobs Senior Vice President 972-792-2802

SAGINAW, CITY OF

Sue Walker Vice President, Economic Development 972-792-2806 Mike Skelton Director, Mayor’s Office of International Business 972-792-2814 Jenny Mizutowicz Manager of Marketing & Research 972-792-2817

Mark White Director, Public and Community Development 817-230-0500 x2449 SANGER, CITY OF Alina Ciocan Director of Economic Development 940-458-9096 Michael Brice City Manager 940-458-7930

TEXAS ECONOMIC DEVELOPMENT COUNCIL Carlton Schwab President & CEO 512-480-8432 THE COLONY ECONOMIC DEVELOPMENT CORPORATION Keri Samford Director of Economic Development 972-624-3126 Cindi Lane Economic Development Specialist 972-624-3127 TROPHY CLUB, TOWN OF Mike Slye Town Manager 682-831-4607

Jason Moore Assistant to the City Manager 817-616-3745

Bekki Roberts President/CEO 972-287-9944

RIVER OAKS ECONOMIC DEVELOPMENT CORPORATION

Cindy Starns Office Manager 972-287-9944

Jackie Reyff Planning Director 817-514-5818

SHERMAN ECONOMIC DEVELOPMENT CORPORATION

Victoria Vaughan Economic Development Coordinator 817-514-5813

Pamela Mundo Consultant 214-773-0966

Frank Gadek, CEcD Executive Vice President 903-868-2566

Doug Barnes Director of Economic Development 469-309-4121

ROANOKE, CITY OF

SOUTHLAKE, CITY OF

Scott Campbell City Manager 817-491-2411

Shannon Hamons Economic Development & Tourism Director 817-748-8037

Kassandra Carroll Economic Development Coordinator 469-309-4122

Ken Keeton Director of Project Management 972-772-0025 x202 Suzie Bell Director of Marketing 972-772-0025 x204 Shara Fleming Executive Assistant 972-772-0025 x202 ROWLETT, CITY OF Jim Grabenhorst Director of Economic Development 972-463-3953 Nathan Weber Economic Development Specialist 972-412-6121

2015

STATE OF TEXAS ECONOMIC DEVELOPMENT & TOURISM Janie Havel North Texas Region Representative 214-733-4274 SUNNYVALE 4A DEVELOPMENT CORPORATION Randall Heye Economic Development Director 972-203-4139 TERRELL ECONOMIC DEVELOPMENT CORPORATION Danny Booth President 972-524-5704

Casey Burgess Mayor 972-441-6373 WYLIE ECONOMIC DEVELOPMENT CORPORATION Sam Satterwhite Executive Director 972-442-7901

WATAUGA, CITY OF

Scott Connell President 903-868-2566

Sheri Franza President & CEO 972-772-0025 x201

David Miracle Economic Development Director 972-965-6348

Kanita Larkins Administrative Coordinator 903-482-9587

Marvin Gregory City Administrator 817-626-3791 x324

Denise Artho Economic Development & Tourism 817-748-8039

WILMER, CITY OF

VAN ALSTYNE ECONOMIC DEVELOPMENT CORPORATION

SEAGOVILLE ECONOMIC DEVELOPMENT CORPORATION

ROCKWALL ECONOMIC DEVELOPMENT CORPORATION

Lynda Anderson Economic Development Director 903-564-4000

Stephen Seidel Assistant Town Manager 682-831-4606

RICHLAND HILLS, CITY OF

JoAnn Gordon President 817-626-5421

WHITESBORO, CITY OF

DALLAS REGIONAL CHAMBER |  CHAMBER | XXXXXXX ECONOMIC DEVELOPMENT ALLIES

RED OAK, CITY OF

WAXAHACHIE, CITY OF

WEATHERFORD ECONOMIC DEVELOPMENT AUTHORITY Dennis Clayton, CEcD, AIA Executive Director 817-598-4302 WESTLAKE, TOWN OF Tom Brymer Town Manager 817-490-5720 Amanda DeGan Assistant Town Manager 817-490-5715 Eddie Edwards Director of Planning & Development 817-490-5726 Ginger Awtry Director of Communications & Community Affairs 817-490-5719

Dawn Steil Assistant Vice President 972-563-5703 D A L L A S ECONOMIC DEVELOPMENT G U I D E

23


YOU BELONG HERE

Dallas Regional Chamber The Dallas Regional Chamber (DRC) is actively working to strengthen the voice of business and improve the quality of life throughout the Dallas region. It’s the common drive and collective influence of our more than 2,000 member companies with support from regional partners that will transform our future through economic development, education, and public policy initiatives. With a booming economy, momentum going in the right direction, and the wind at our backs, now is the time to join the DRC. You will join other business leaders who share your passion for making the business community and our region exceptional.

INVEST

INVEST IN YOURSELF Through the DRC’s networking events, leadership programs, and volunteer opportunities, you have a myriad of chances to connect with others, experience the region, and learn something along the way – all of which result in personal growth and career development.

INVEST IN YOUR BUSINESS DRC members have direct access to the greatest business programs and connections in the region. Get the tools and resources you need to overcome issues your business faces and promote your company along the way.

INVEST IN THE REGION With participation, investment, and support from business leaders, the DRC is able to increase economic development, stimulate improvements in education, and advocate for important public policy issues that drive positive change for the region.

JOIN THE DRC DallasChamber.org/Join 24

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


DALLAS REGIONAL CHAMBER |  CHAMBER | XXXXXXX MEMBERSHIP

25

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


TOP INVESTORS The Dallas Regional Chamber 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.

STRATEGY BKD Chase Texas Instruments

CATALYST Active Network AT&T Baylor Scott & White Health Capital One Bank Chickasaw Nation Comerica Bank Dallas/Fort Worth Int’l Airport Hunt Consolidated, Inc. JC Penney Company, Inc. MV Transportation ONCOR Tom Thumb Food & Pharmacy Wells Fargo

ADVOCATE 7-Eleven, Inc. Akin Gump Strauss Hauer & Feld Amegy Bank of Texas Atmos Energy Corporation American Airlines Axxess Baker Botts L.L.P. BB&T BBVA Compass CBRE Group, Inc. Children’s Health System of Texas Citi Copart Corrigan Investments, Inc. Dallas Morning News Dal-Tile Corporation Deloitte LLP Dr Pepper Snapple Group Energy Future Holdings Exxon Mobil Corporation EY FedEx Office Fidelity Investments Fluor Corporation Forest City Texas, Inc. Frito-Lay North America GE Capital Glazer’s Golden Living Haynes and Boone, LLP Highland Capital Management LP HKS IBM Corporation Jones Day KPMG LLP Kroger Food Stores Littler Mendelson, P.C.

26

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Locke Lord LLP Lockheed Martin Luminant Medical City Dallas Hospital/ Medical City Children’s Hospital Methodist Health System Microsoft Corporation NEC Corporation of America Omni Dallas Hotel PwC Reliant Energy Rent-A-Center Sheraton – Dallas TDIndustries Tenet Healthcare Corp. Texas Central High-Speed Railway, LLC Texas Health Resources Texas Scottish Rite Hospital for Children Thomson Reuters, Tax & Accounting TM Advertising Torchmark Corporation TXU Energy UT Southwestern Medical Center ViewPoint Bank Winstead PC

BOARD OF ADVISORS Abbott Labs Accenture AECOM Aetna AIG Airbus Helicopters, Inc. Alcatel-Lucent Alix Partners Andrews Distributing Company Andrews Kurth LLP Army & Air Force Exchange Service Arthur J Gallagher & Co. Austin Industries AustinCSI Avanade Baker & McKenzie, LLP Bank of America Bank of Texas, N.A. BDO USA, LLP The Beck Group Blue Cross and Blue Shield of Texas Big 12 Conference Bracewell & Giuliani LLP Breitling Energy Brierley & Partners Brinker International, Inc. Brinkmann Corporation Bury C.C. Young

Cantex Continuing Care Network Cassidy Turley CHRISTUS Health CIGNA Healthcare City Credit Union Civitas Capital Group ClubCorp Inc. Coca-Cola Refreshments Colliers International Commerce Bank Consolidated Communications Cook Children’s Healthcare Corgan Associates, Inc. CP&Y, Inc. Cushman & Wakefield of Texas, Inc. Dallas County Community College District Dallas Cowboys Football Club DHD Films Dallas Marriott City Center Dallas Stars Hockey Club Dean Foods Company Dell Services Dialog Direct E Smith Realty Partners Ebby Halliday, Realtors Edelman Public Relations Worldwide EF Johnson Technologies Management EN Consulting, Inc. Eulen America Etihad Airways The Fairmont Dallas Federal Reserve Bank of Dallas Fisher & Phillips, LLP Flowserve Corporation Fossil Freeman Frost Bank Furniture Marketing Group Gardere Wynne Sewell LLP Generational Equity Gensler Global Power Equipment Goldman Sachs Grant Thornton LLP Greatbatch, Inc. Greenberg Traurig, LLP Gulfstream Aerospace Corp. Gupta & Associates Hall Financial Group Hill & Wilkinson Hilton Anatole Hilton Worldwide HNTB Corporation Holland & Knight LLP HollyFrontier Corporation Holman Boiler Works, Inc. HOLT CAT 2015


2015

TrustPoint Management Turner Construction Company UMB Bank N.A. University of Texas at Arlington University of Texas at Dallas UnitedHealthcare Verizon Wireless Village Green Holding, LLC Vinson & Elkins L.L.P. Vorex, Inc. Walgreen’s Company Weber Shandwick Southwest WFAA-TV Whitley Penn, LLP WFF

LEAD AAA Texas, Inc. Ackerman McQueen Acme Brick Company Adolfson & Peterson Construction Adolphus Hotel Advocare International, L.P. Allegro Development Alliance Data AlliedBarton Security Services Allsteel Wilson Alston & Bird, LLP Alvarez & Marsal APAC - Texas, Inc. Ash Grove Cement Company ATOS IT Solutions and Services Automatic Data Processing Aviall, A Boeing Company Bain & Company, Inc. Balfour Beatty Construction BancTec, Inc. Belk Berger Engineering Co. Beshear Group Boka Powell, LLC Boston Consulting Group Brunswick Group, LLP BullsEye Telecom Callison LLC Cancer Treatment Centers of America Carrington, Coleman, Sloman & Blumenthal, L.L.P. Carter Financial Management Cawley Partners Champion Partners Chandler Signs L.L.P. CityDoc Urgent Care CLEAR Commercial Metals Company Consumer Credit Counseling Service of Greater Dallas, Inc. Crowe Horwath LLP CyrusOne Dallas Foundation Dallas Lighthouse for the Blind

Dallas Mavericks Dalworth Restoration Databank, Ltd. Dave and Busters DeGolyer and MacNaughton Duro-Last Roofing, Inc. EnLink Midstream LLC Essilor of America, Inc. Estrada, Hinojosa & Company, Inc. FPL Fibernet, LLC Fresh Point Gables Residential Trust George W. Bush Foundation Guardian Mortgage Co. Gibson, Dunn & Crutcher LLP GLP & Associates Halff Associates, Inc. Hart Group, Inc. Hazel’s Hot Shot, Inc. Hill + Knowlton Strategies Holmes Murphy and Associates HRSmart Huawei Technologies Hunt Construction Group Hunton & Williams LLP Huselton, Morgan & Maultsby, PC Hyatt Regency Dallas Hyatt Regency DFW Imaginuity Interactive, Inc. In-N-Out Burger Jefferson Tower Events Joule, A Luxury Collection Hotel Kaplan College - Dallas Kimberly-Clark Corporation LBJ Infrastructure Group LLC Linebarger Goggan Blair & Sampson, LLP Linkex, Inc. Live IT Consulting Group Lucas Group Manhattan Construction Company Marsh USA, Inc. Martin Marrietta Mary Kay Inc. McAlister’s Deli – Dallas McKinsey & Company, Inc. Metl-Span, LLC Monitronics International, Inc. Monogram Apartment Collection MW Logistics, LLC MWH Americas, Inc. Munsch Hardt Kopf & Harr, P.C. Networking Results, Inc. New York Life Regional Headquarters North Central Surgical Hospital North Texas Endoscopy Centers Ocean Prime Restaurant Office Depot Business Solutions OHL Pegasus Community Credit Union Peter O’Donnell, Jr.

Polsinelli PC Post Properties, Inc. ProBuild Prudential Asset Resources Questcare Medical Services RISE The Ritz-Carlton, Dallas River Ranch Educational Charities Russell Reynolds Associates, Inc. Schwan’s Home Services, Inc. Sewell Automotive Companies Shepard Agency Smart City Networks LP Southwest International Trucks Sparks Agency Spine Physicians Institute Spring Hill Suites Dallas Downtown – West End State Fair of Texas Structure Tone Southwest Sun Holdings, LLC Summit Financial Group Supreme Lending Texas A&M University Commerce Texas Brand Bank Texas Capital Bank Texas Rangers Baseball Club The Palm Restaurant Tiger Media Towers Watson TracyLocke Trinity Basin Preporatory Triumph Learning Union Bank Union Pacific Railroad United Surgical Partners International University of Phoenix University of South Carolina Career Center USAA U.S. Memory Care Virgin America Airlines Vision33 VOX Global W Dallas – Victory Hotel Walnut Hill Medical Center Walton Development and Management Warrior Group, Inc. Weaver West End Events, LLC Westin Galleria Dallas Weston Solutions Winston School Woodbine Development Corporation Worldwide Express Yates Construction Younger Partners Zale Corporation D A L L A S ECONOMIC DEVELOPMENT G U I D E

DALLAS REGIONAL CHAMBER |  CHAMBER | XXXXXXX TOP INVESTORS

Humana Inc. IBC Bank InStaff Interceramic, Inc. International Leadership of Texas Jackson Walker L.L.P. Jacobs JE Dunn Construction JLL Johnson Controls Inc. LegacyTexas Bank LeTourneau University Lincoln Property Company MHBT, Inc. Midway Press, LTD Minerva Real Estate Mission Foods Montgomery Coscia Greilich LLP Most Valuable Personnel Neiman Marcus Nestle Waters North America Norton Rose Fulbright The Novo Group NTT Data, Inc. NYLO Hotels, LLC Oliver Wyman ORIX USA Corporation Parker University Parkland Foundation PDS Technical Services People Performance Resources Pioneer Natural Resources, LLC PlainsCapital Bank Pollock Paper Distributors Publicis Dallas Regions Bank Rexel Holdings USA RIB U.S. Cost Rosewood Crescent Hotel Rosewood Property Co. Schneider Electric Sethi Petroleum LLC. SimplexGrinnell Site Selection Group, LLC Slalom Consulting Southern Methodist University Southwest Airlines Southwest Office Systems, Inc. Squire Patton Boggs (US) LLP Staffelbach, Inc. State Farm Insurance Companies Strasburger & Price, LLP Strategic Staffing Solutions STRAVIS Consulting TDJ Enterprises Texas Oncology Texas Woman’s University Thompson & Knight LLP Time Warner Cable TopGolf Town of Addison Trane Commercial Systems

27


THE DALLAS– FORT WORTH REGION The Dallas Regional Chamber welcomes you and your company to the DFW region. This region is an innovation hub with a wealth of resources that make it an ideal business climate. The DFW region’s attractive quality of life, strong regional and state economy, low cost of living, young and skilled labor force, pro-business mindset and absence of corporate and personal income taxes all contribute to the thriving DFW location. Forward-looking companies seeking a friendly and profitable place to do business are discovering our numerous benefits. Due to its central location and worldclass transportation infrastructure, DFW is a major international gateway. The region excels in passenger air travel and air cargo operations with the nation’s third busiest airport, DFW International Airport; Dallas Love Field Airport, home to the largest domestic airline in the country; and the world’s first fully industrial airport, Fort Worth Alliance Airport. Our roads and rail lines are remarkable for delivery of freight products across the country. Our region ranks among the top three U.S. metropolitan areas for business expansions, relocations and employment growth. DFW’s young, highly educated workforce of over three million people is growing quickly, providing companies with the abundance of talent they need to make their business a success. Texas’ business climate, combined with the attributes and functionality that Dallas 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 10 to 20 years from now. We know you will find yourself right at home in the DFW region. We look forward to supporting your business expansion projects.

28

D A L L A S ECONOMIC DEVELOPMENT G U I D E

CENTRAL LOCATION, LEVERAGED BY TRANSPORTATION ASSETS AND FAVORABLE BUSINESS CLIMATE Amarillo 40

Lubbock Abilene El Paso

Odessa

FORT WORTH DALLAS

20

20

35 10

30

45

Austin Houston

San Antonio

10

Galveston 37

Corpus Christi

Laredo

2015


Portland

Boston Detroit

New York Philadelphia

Chicago San Francisco

Indianapolis

Denver Las Vegas

Los Angeles

Washington

Charlotte Albuquerque

Atlanta

DALLASFORT WORTH

Phoenix

Austin

Houston

San Antonio

Miami

Moscow

London

Los Angeles

DALLASFORT WORTH

Paris

New York

DALLAS REGIONAL ACCESS |  THE DALLAS-FORT CHAMBER | XXXXXXX WORTH REGION

Seattle

Frankfurt Beijing Cairo

Tokyo Dubai

Mexico City

Shanghai Mumbai Singapore

Rio de Janeiro Buenos Aires

2015

Cape Town

Sydney

D A L L A S ECONOMIC DEVELOPMENT G U I D E

29


SUPERIOR COMBINATION OF LOCATION AND ACCESS FEATURING DFW AIRPORT, HIGHWAYS, RAIL AND TELECOMMUNICATIONS

LOCATION You’ve heard the phrase “Everything’s bigger in Texas”? That includes the Dallas– Fort Worth region, whose combined footprint is larger than some U.S. states. Dallas–Fort Worth is the nation’s fourth-largest metro area, conveniently CLAY positioned in the middle of the United States and offering competitiveJACK 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, the region’s mid-continent location means saving time on travel—any major U.S. city is less than four hours away.

COOKE

MONTAGUE

WISE

GR

DENTON

Pilot Point

COLLIN

Sanger

Anna

Alvord Weston

Celina Aubrey Chico

Melissa

Krugerville Krum Denton

Decatur Lake Bridgeport

Prosper

Cross Roads

New Hope

Bridgeport

McKinney Oak Point

Ponder

Runaway Bay Paradise

Corinth DISH

New Fairview

Justin

Springtown Reno

Graford Sanctuary

Northlake

Rhome

Westlake Haslet

Grapevine Lake Southlake

Hebron

Lewisville

Parker

Plano

Watauga North Richland

Saginaw

Addison

Haltom City

Lake Worth

Rowlett

Dallas Love Field Airport

Irving

Euless

Garland

Farmers Branch

Dallas/Fort Worth Internaltional Airport

Bedford

Hills

Wylie

Sachse

Richardson

Carrollton

Coppell

Grapevine

Colleyville

St. Paul

Murphy

Keller

Blue Mound

Hurst

University Park Highland Park

White Rock Lake

Sunnyval

Richland Hills

Cool

Dallas

River Oaks

PALO PINTO

Lucas

The Colony

Roanoke Trophy Club

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

Lakeside

Fairview Allen

Flower Mound

Newark

Briar CDP

Frisco

Hickory Creek Lewisville Copper Lake Canyon Highland Village Bartonville Double Oak

Aurora

Lowry Crossing

Little Elm Shady Shores

Argyle

Boyd

Mineral Wells

Sherman

Gainesville

White Settlement

Willow Park

Hudson Oaks

Millsap

Mesquite

Westover Hills Annetta North Weatherford

Pantego

Fort Worth

Aledo

Annetta Annetta South

Grand Prairie

Dalworthington Gardens

Benbrook

Cockrell Hill

Seagovi

DeSoto

Cedar Hill

PARKER TARRANT HOOD JOHNSON

Gordon

Rendon CDP

Hutchins

Duncanville

Joe Pool Lake

Kennedale Everman

Crowley

Mansfield

ERATH

DALLAS Ferris

ELLIS

Red Oak Oak Leaf

Pecan Hill

Midlothian

Cross Timber

Granbury

Wilmer

Glenn Heights

Briaroaks

Oak Trail Shores CDP

Lancaster

Ovilla

Burleson

Cresson

Lipan

Balch Springs

Arlington

Forest Hill

Edgecliff Village

Mountain Creek Lake

Joshua

Godley

Palmer

Venus

De Cordova Bend Keene

Waxahachie

Alvarado

Tolar

Garrett

Pecan Plantation CDP

Cleburne Ennis Maypearl

Alm Bardwell

Grandview Glen Rose

Stephenville

SOMERVELL

Rio Vista

Italy

DFW CLIMATE

Emhouse

Milford

Dublin

30

D A L L A S ECONOMIC DEVELOPMENT G U I D E

AVERAGE DAILY TEMP BOSQUE

HIGH

LOW

JANUARY

55

APRIL

HILL

Blooming Grove Frost

WEATHER CATEGORY

ANNUAL AVERAGE

34

AVERAGE NO. OF CLEAR OR PARTLY CLOUDY DAYS

232 days

76

54

AVERAGE NO. OF RAINY DAYS

79 days

JULY

96

75

AVERAGE PRECIPITATION

34.7 inches

OCTOBER

79

57

AVERAGE SNOWFALL

2.5 inches

ANNUAL AVERAGE

76

55

AVERAGE WIND SPEED

11 mph

(°F)

(°F)

SOURCES: OAG North American Executive Flight Guide; NOAA Weatherbase

2015

Barry


RING

1

MILES

KILOMETERS

% OF US POP. SERVED

10

600

966

16%

24

960

1,545

37%

48

1,800

2,887

93%

LAMAR

2

RAYSON

FANNIN

3

Wolfe City

DELTA

HUNT Blue Ridge

Celeste

Commerce

3

Neylandville Princeton

g

Farmersville

Campbell

Greenville

HOPKINS

Caddo Mills

Josephine Nevada

S E AT T L E

Lavon

Lone Oak Royse City

ROCKWALL Lake Rockwall Ray Hubbard

2

Union Valley

Fate

Quinlan Hawk Cove

West Tawakoni

RAINS

McLendonChisholm

Heath

CHICAGO

KAUFMAN

le

Forney

LO S A N G E L E S

Talty

Post Oak Bend City

Crandall Combine

N E W YO R K C I T Y

1

Terrell

ille

S

HOURS

DALLAS REGIONAL ACCESS |  LOCATION CHAMBER | XXXXXXX

TRUCK TRANSIT TIMES AND POPULATION SERVED

DFW

Oak Ridge

VAN ZANDT

Kaufman

Oak Grove

S

Scurry

Rosser

Cottonwood Grays Prairie

Kemp

Mabank

ma Rice

HENDERSON

FLIGHT TIME FROM DFW

RAIL TRANSIT TIME

Kerens

NAVARRO Corsicana Retreat Oak Valley

Powell

Goodlow

Eureka LOSNavarro ANGELES, CA (LAX)

2 hrs. 56 min.

LOS ANGELES (Long Beach): 4+ days

TORONTO, ON, CANADA (YTO)

2 hrs. 50 min.

CHICAGO: 3+ days

MEXICO CITY, MEXICO (MEX)

2 hrs. 32 min.

ATLANTA: 3 days

PARIS, FRANCE (PAR)

9 hrs. 30 min.

TOKYO, JAPAN (TYO)

14 hrs. 25 min.

HOUSTON: 1 day

NEW YORK, NY (NYC) Mildred

Mustang Angus

2015

FREESTONE

3 hrs. 15 min.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

31


Dallas-Fort Worth’s vast transportation infrastructure provides connectivity for residents and businesses. The freeway system provides east-west and northsouth corridors with easy access to job centers and residential communities. Mass transit options, including the Dallas Area Rapid Transit system, offer alternative options for getting around the region. The region’s robust interstate infrastructure provides easy links along the NAFTA corridor, linking Mexico to Canada and to East and West Coast destinations, making 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 Corp. and Union Pacific Corp., have major operation nodes in the region, offering businessefficient access to other key ports and distribution centers across the United States and into Mexico.

PHOTO: DFW AIRPORT

TRANSPORTATION

AIRPORTS 8

5

15 3

4 9 16

1 2 7 17

10

14

6

12

18 13 11

SOURCE: DRC research

AIRPORTS 1 D/FW INTERNATIONAL AIRPORT

11 FORT WORTH SPINKS

2 LOVE FIELD

12 ARLINGTON MUNICIPAL

3 FORT WORTH ALLIANCE AIRPORT

13 LANCASTER REGIONAL AIRPORT

4 ADDISON AIRPORT

14 MESQUITE METRO

5 MCKINNEY NATIONAL AIRPORT

15 NORTHWEST REGIONAL

6 DALLAS EXECUTIVE AIRPORT 7 FORT WORTH MEACHAM INTERNATIONAL

HELICOPTERS AND VERTICAL TAKE-OFF AND LANDING AIRCRAFT ONLY:

8 DENTON MUNICIPAL

16 GARLAND/DFW HELOPLEX

9 ROCKWALL MUNICIPAL

17 DALLAS CBD VERTIPORT

10 NAS FORT WORTH JOINT RESERVE BASE

17 DESOTO HELIPORT

COMMERCIAL AIRPORTS AIRPORT

32

D A L L A S ECONOMIC DEVELOPMENT G U I D E

RUNWAYS Number

Lengths (feet)

TOTAL OPERATIONS YTD Dec-14 2013

Dallas / Fort Worth International Airport (DFW)

7

8,500; 9,000; 9,301; 13,400 (2); 13,401 (2)

628,198

685,460

Dallas Love Field (DAL)

3

8,800; 7,752; 6,147

190,626

203,160

Alliance Airport (AFW)

2

8,220; 9,600

116,695

114,323

SOURCE: DFW Airport; Dallas Love Field; Alliance Airport; US Customs and Border Protection; National Association of Foreign Trade Zones

2015


HIGHWAYS AND ARTERIALS

McKINNEY FRISCO LEWISVILLE LEWISVILLE

ALLEN

PLANO WYLIE

FLOWER MOUND

CARROLTON

GRAPEVINE

BEDFORD EULESS

FORT WORTH

ARLINGTON

RICHARDSON RICHARDSON GARLAND ROWLETT

IRVING

DALLAS

DALLAS REGIONAL ACCESS |  TRANSPORTATION CHAMBER | XXXXXXX

DENTON

MESQUITE

GRAND PRAIRIE

LANCASTER LANCASTER MANSFIELD

CEDAR HILL

DESOTO

CARGO

PRE-DESIGNATED FOREIGN TRADE ZONE “MAGNET SITES”

McKinney National Airport

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

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

COMPANY/SITESPECIFIC 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

Union Pacific Miller Intermodal Facility

RAIL LINE

Centennial Yard Union Pacific Dallas Intermodal Terminal

Lancaster Regional Airport

Railport

Union Pacific Rail Yard

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

33


DART RAIL SYSTEM

PUBLIC TRANSIT

TO DENTON

(Operated by DCTA)

RED LINE

PLANO

ORANGE LINE

FARMERS BRANCH

XX

FARMERS BRANCH

FARE ZONE BOUNDARY PARKING AVAILABLE

ROYAL LANE

DFW AIRPORT TERMINAL A

XX

DFW

CENTREPORT/ DFW AIRPORT

FORT WORTH ITC

E

Y

SA

N

JA

CI

NT

SS

FW ER DG

EL

RO

FI

LL

D

WEST TRANSFER AKARD CENTER

W

OO

DA

TIN ENTAL

WEST END

OD

LA TI

M

DEEP ELLUM ER

EAST TRANSFER CENTER

ROWLETT

AN GE OR

IRVING WALNUT HILL/DENTON CONVENTION CENTER LAS COLINAS BACHMAN URBAN PARK LOVE CENTER NORTH LAKE CITIES COLLEGE BURBANK UNIVERSITY IRVING INWOOD/ OF DALLAS LOVE FIELD WEST SOUTHWESTERN IRVING MEDICAL DISTRICT/ PARKLAND DOWNTOWN IRVING/ HERITAGE CROSSING MARKET CENTER MEDICAL/ MARKET CENTER VICTORY

WALNUT HILL PARK LANE LOVERS LANE

DOWNTOWN ROWLETT

FOREST/JUPITER LBJ/SKILLMAN LAKE HIGHLANDS WHITE ROCK

MOCKINGBIRD

DALLAS

MESQUITE

CITYPLACE/UPTOWN DEEP ELLUM BAYLOR UNIVERSITY MEDICAL CENTER

UNION STATION CONVENTION CENTER CEDARS COCKRELL

FAIR PARK MLK, JR. HATCHER LAWNVIEW

HILL

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

LAKE JUNE BUCKNER

VA MEDICAL CENTER LEDBETTER

SA RC

HA

VE HA Z

RW OO

AK

D

N

AR

L AU .P ST AY V ER

GR IF FI

TO N

ET

R

HO US

MA RK

LA MA

C PACI FI EL M MA IN ER CE CO MM SO N JACK D W OO G YO UN LL A MA RI

DOWNTOWN GARLAND

FOREST LANE

BELT LINE

CE

ROSA PARKS PLAZA

UNION STATION

GO

PEARL / ARTS DISTRICT ST. PAUL

S

RY

CON

RO

O

M -L IN

L AR PE IVE OL

VIC TO

VICTORY

GARLAND

LBJ/CENTRAL

T

DOWNTOWN DALLAS

ARAPAHO CENTER SPRING VALLEY

R IC D IST RTS R L /A PEA AUL ST. P R D D A KA S T E N WE

T & P STATION

PRESIDENT GEORGE BUSH TURNPIKE

BELL

RICHLAND HILLS

GE

D

CONVENTION CENTER

GLENN HEIGHTS

DART 2030 TRANSIT SYSTEM PLAN 93

LAKE LEWISVILLE

PLANO

North Carrollton/Frankfordr h Ca Trinity Mills

CARROLLTON

n RICHARDSON

ADDISON ON AIRPORT T

FUTURE DEVELOPMENT - 2030

Ad ADDISON LA AVO N

DR.

Downtown Carrollton NORTH LAKE

FARMERS h BRANCH

Farmers er Branch

EXPRESS RAIL Downtown own Ro tt Rowlett

La

Walnut Hill/Denton

ke

R HARRY

IRVING

R

hman

LOVE FIELD

d FFiieelld Lo ve

nd

NORTHWEST HWY. WY.

s(

st fu

ur(e

LAKE RAY A HUBBARD

)

WHITE ROCK LAKE

EXPRESS BUS RAPID BUS

Southwestern w Medical dic icca District/Parkland

r. enCtet tC rke Ma

RAPID RAIL 2030 BUS ENHANCED BUS

h HIGHLAND PARK Pa

d ood

um Ell r ep lo De Bay

US 80

her

tc

Da DALLAS

Ha

COCKRELL HILL

iew

nv

Law

N

e Lak

2030 MANAGED HOV LANE DART PARTICIPATION NO DART PARTICIPATION

EXISTING RAIL LINES

e

W LLTO WA

n Ju

r neer ckkn

AL W

MOUNTAIN CREEK LAKE

hla

U iiv i UNIVERSITY P PARK

Bac

In w

Hig

V D. BUCKNER BLV

HW WY.

HINES

NO RTHW EST

2030 RAIL

GARLAND

Royal Lane

F /F D/FW P RT AIRPO

ROWLETT

R

KE

Bu

RED LINE

LA ER AST

NC

BLUE LINE GREEN LINE

S

Camp Wisdom RP R POR PO RT T

TRINITY RAILWAY EXPRESS DCTA A-TRAIN

LO VE

FR W

Y.

University ive rsityof North Texas

D.

Transit Center Bus Transfer Center

M AR VIN

JOE POOL LAKE

Park-and-Ride

ORANGE LINE FARE ZONE BOUNDARY PARKING AVAILABLE

GLENN HEIGHTS

Glenn Heightss BEAR CREEK

34

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: Dallas Area Rapid Transit

2015

TURNPIKE

DOWNTOWN CARROLLTON

P RE S I D E N T

BU S H

DCTA A-TRAIN

ADDISON

BUSH TURNPIKE

GALATYN PARK

GE

TRINITY MILLS

RICHARDSON

OR

CARROLLTON

LIN EW eek

NORTH CARROLLTON/FRANKFORD

TRINITY RAILWAY EXPRESS

da yP eak

PRESIDENT GEORGE BUSH TURNPIKE

GREEN LINE

FORT WORTH

PARKER ROAD DOWNTOWN PLANO

On ly

BLUE LINE

DALLAS NORTH TOLLWAY

The Dallas Area Rapid Transit (DART) system, which includes light rail and bus service, is the nation’s fastest-growing network, enabling easy access to key job centers in Dallas and its suburbs. DART links to Dallas / Fort Worth International Airport, providing convenient access. DART also interfaces with the Trinity Rail Express (TRE), a commuter train, to transport 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 A-Train operated by the Denton County Transit Authority (DCTA) connects DART riders in Carrollton to an additional fi ve stations ending in Denton.


AV E Y

ST ST

EL

M

MAIN STREET DISTRICT

ST

N

CE M

NG

M

ST

ER

M

YO U

CO

DR

C FI

IA

E AV

ON

D OO W

ST

ST E

T

LE AVE

ST

NS

Y

5 7

8 CEDAR SPRINGS RD

D BLV

M

AP

LE

10

Greenbriar

6 NEY A VE

HO

9

AV E

McKIN

US

R

TO N

VE

ST

RI

11 Y

T LS AR

IN

LEGEND

ST

SS

E AV

O NT

RO

18

AN

ST

CI JA

S

SO

Dallas Streetcar and Stop

JE

20

Trinity Railway Express Commuter Rail and Station

21

West Village Cityplace Tower McKinney Plaza The MAC 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

LEGEND

ST

DART Light Rail and Station

19

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

Y VA ER

GRIFFIN ST

ER

15

D

BL VD

16 17

FW

AR

FF

L

L DA

D RO

OO W

14 AK

N

JEFFERSON BLVD

MARSALIS AVE

ZANG BLVD

BECKLEY AVE

R

BISHOP AVE

VE

ST

RI

E IV

Y

OL

IT

13

RS

GE

PE

12 TR

MADISON AVE

3

CO

BEL

LE V

AT T A PO WH

IEW

ST N SO

NG

IT

CEDAR HILL AVE

E

2

W

ST

IN

AVIS ST

AV E

4

AIL

TR

Oakenwald

BISHOP ARTS DISTRICT

ON

LL HA

TR

TY KA

MAP NOT TO SCALE

Beckley

M

E AV

M

N

G Z AN

VD BL

LE

ST

ON M M

LE

YO U

E AC

JA CK

PL

T

Cedars

AR

TY

TS

Convention L AM

REUNION Center DISTRICT

1

THE CEDARS & SOUTH SIDE

CI

KE

Union Station

CA RL IS L

ST

CE ER M

CE

ST

ST N M

ST

AR

ST

M

N TO

CO

AR

AI

M

M

RE

M

M EL

LA

US

R

HO

IVE

Union Station

O BLVD

POINTS OF INTEREST

ST

ST

W LA

E AV

RD T CO S

PA CI

N

K OA

N UR KB AC BL

AV E

M-LINE TROLLEY - UPTOWN AND DOWNTOWN DALLAS ON M M LE

RE

CIVIC CENTER DISTRICT

ACCESS |  PUBLIC TRANSIT

ST

RO

N

SS

FI

AI

IF

WEST END West End HISTORIC STREETCAR DALLAS DISTRICT

L

NE IN CK M

AV E

GR

CONTINENTAL AVE

C AVE PACIFI T ELM S ST MAIN

ERCE COMM

M-Line Trolley ST

Future M-Line Expansion

SOURCE: Dallas Area Rapid Transit

SOURCE: MATA

“DART is my office away from work. You should see how much I get done on board.”

DART.org 214.979.1111

161-005-1015 DALLAS ECONOMIC DEVELOPMENT GUIDE JAN/FEB ‘15_7.375x4.875

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

35


MOBILITY 2035 Mobility 2035 ensures that North Texas commuters are going somewhere. Mobility 2035 is just one in a series of ongoing transportation plans implemented by the Regional Transportation Council (RTC) and the North Central Texas Council of Governments (NCTCOG). Their comprehensive blueprint for the region’s multimodal mobility needs is designed to enhance how we travel both now and into 2035, when the population of North Texas is projected to swell from 6.8 million, as it stands currently, to 10 million. The benefits of investing in transportation are evident in every facet of the Mobility 2035 plan. And it’s not just about cars and roads. Rail, bike and pedestrian components are vital to increasing the region’s mobility and ensuring long-term sustainability. Improving efficiencies in both roadway and land use will reduce the burden on the region’s infrastructure and address quality of life concerns.

FUNDED RECOMMENDATIONS Mobility 2035 represents a $98.7 billion blueprint for the continued maintenance and development of the regional transportation system over the next 20 plus years. Mobility 2035 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. PASSENGER RAIL IMPROVEMENTS LEGEND Passenger rail mode Light rail Light rail new technology High-speed rail Regional rail Streetcar Current system Fort Worth CBD

Dallas CBD Corridor-specific alignment, design and operational characteristcs for the intercity passenger, regional passenger and freight rail systems will be determined through capacity evaluation and ongoing project development. Refined rail forecasts are necessary to determine technology and alignment in future rail corridors.

BICYCLE AND PEDESTRIAN OFF-STREET FACILITIES LEGEND Regional veloweb Existing 318 miles Funded 33 miles Planned 1,377 miles Major roads Rail lines Parks Fort Worth CBD

Dallas CBD

Facility recommendations indicate transportation needs. Corridorspecific alignment, design and operational characteristics for the Regional Veloweb system will be determined through ongoing project development.

36

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: North Central Texas Council of Governments

2015


DALLAS REGIONAL ACCESS |  MOBILITY CHAMBER | XXXXXXX 2035

FREEWAY, TOLLWAY AND HOV/MANAGED LANE IMPROVEMENTS LEGEND Recommendations Additional capacity to existing roads Improvements to existing freeway and tolled managed lanes Tolled managed lanes New toll lanes or improvements to existing tollway Staged future tollway Major roads Facility recommendations indicate transportation needs. Corridor-specific alignment, design and operational characteristics for the freeway/tollway system will be determined through ongoing project development.

Fort Worth CBD

Dallas CBD

PARK-AND-RIDE LOCATIONS

LEGEND Park & Ride locations Existing Planned Candidates

Fort Worth CBD

Dallas CBD

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

37


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 new communities. That’s good news for employers, allowing them to draw from a larger base of skilled workers. And it’s good for workers, allowing them to choose from a variety of affordable 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.

GETTING TO WORK MEANS OF TRANSPORTATION (WORKERS 16 AND OVER) MEANS

ESTIMATE

Car, truck or van

90.6%

Drove alone

80.5%

Carpooled

10.1%

In 2-person carpool

7.6%

In 3-person carpool

1.5%

In 4-or-more person carpool

1.0%

Workers per car, truck, or van

1.07

Public transportation (excluding taxicab)

1.4%

Walked

1.3%

Bicycled

0.1%

Taxicab, motorcycle, or other means

1.6%

Worked at home

5.0%

TOTAL ESTIMATE:

3,274,946

100%

Margin of error +/- 0.50%

85%

(913,235 PEOPLE )

OF ALL WORKERS LIVING IN DALLAS COUNTY WORK IN DALLAS COUNTY AND 6% COMMUTE TO TARRANT COUNTY.

AVERAGE COMMUTE TIME

10 9 8

38

D A L L A S ECONOMIC DEVELOPMENT G U I D E

11

12

1

2 3

7

6

5

4

SOURCE: American Community Survey 2008-2012, US Census Bureau

27.3 MINUTES 2015


6%

DENTON 45%

COLLIN 56%

11%

7%

HUNT 65%

6% 8%

17%

35%

3%

6%

26%

39% 6% 6%

PARKER 48%

6%

TARRANT 78%

43%

DALL AS 85%

17%

49% ROCK WALL 35%

21% HOOD 49%

40%

7%

7%

11%

DALLAS REGIONAL ACCESS |  COMMUTING CHAMBER | XXXXXXX PATTERNS

WISE 58%

39% 51% ELLIS 52%

JOHNSON 47%

K AUFMAN 41%

SOMERVELL 64%

%

Live and work in the same county

%

Travel out of county for work

2010 CENSUS — COUNTY-TO-COUNTY WORKER FLOW RESIDENCE COUNTY | COUNTY OF EMPLOYMENT FROM È | TO Æ

COLLIN

DALLAS

DENTON

ELLIS

HOOD

HUNT

JOHNSON

KAUFMAN

PARKER

ROCKWALL

COLLIN DALLAS DENTON ELLIS HOOD HUNT JOHNSON KAUFMAN PARKER ROCKWALL SOMERVELL TARRANT WISE

205,815 60,105 36,075 500 95 2,375 150 890 70 2,140

142,040 913,235 108,740 24,835 895 5,800 4,360 21,710 1,915 16,995 180 142,515 1,485

9,500 19,135 141,330 335 90 235 600 270 185 255 25 13,830 1,430

130 4,540 155 33,445 40 50 1,455 315 25 50

20 130 45 25 11990

1,075 1,025 10 20

75 515 65 570 885

230 3,905 155 180

15 285 265 30 705 10 425

1,690 5,345 130

6,390 210

1,950 4

450 15 620 70 245 885 30

22,090 4 300 200 1,445

1,055

110 50

29,840 4 4 25 370 6,875 125

17,585 22,825 905

SOMERVELL 20 15 1310

2,125 40 825 20,455 12,095

240 75

250 4

15 4,095 750

250

2080 215 10

TARRANT

WISE

6,935 61,505 130 26,275 585 4,385 40 4225 70 235 25,575 130 905 4 1,105 500 20 360 639,990 2,010 6,540 14,695

RESIDENCE COUNTY | COUNTY OF EMPLOYMENT FROM È | TO Æ

COLLIN

DALLAS

DENTON

ELLIS

HOOD

HUNT

JOHNSON

KAUFMAN

PARKER

ROCKWALL

SOMERVELL

TARRANT

WISE

COLLIN DALLAS DENTON ELLIS HOOD HUNT JOHNSON KAUFMAN PARKER ROCKWALL SOMERVELL TARRANT WISE

56% 6% 11% 1% 0% 7% 0% 2% 0% 6% 0% 1% 1%

39% 85% 35% 39% 4% 17% 7% 51% 4% 49% 5% 17% 6%

3% 2% 45% 1% 0% 1% 1% 1% 0% 1% 1% 2% 6%

0% 0% 0% 52% 0% 0% 2% 1% 0% 0% 0% 0% 0%

0% 0% 0% 0% 59%% 0% 1% 0% 1% 0% 7% 0% 0%

0% 0% 0% 0% 0% 65% 0% 1% 0% 4% 0% 0% 0%

0% 0% 0% 1% 4% 0% 47% 0% 0% 0% 11% 1% 0%

0% 0% 0% 0% 0% 3% 0% 41% 0% 3% 0% 0% 0%

0% 0% 0% 0% 3% 0% 1% 0% 48% 0% 0% 1% 3%

0% 0% 0% 0% 0% 6% 0% 2% 0% 35% 0% 0% 0%

0 0 0 0 6% 0 0 0 0 0 64% 0 0

2% 6% 8% 7% 21% 1% 40% 2% 43% 1% 11% 78% 26%

0% 0% 0% 0% 0% 0% 0% 0% 2% 0% 0% 0% 58%

SOURCE: American Community Survey 2006-2010, Special Tabulation - Census Transportation Planning, US Census Bureau

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

39


HWY 190 AND HWY 75

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, which is easy, thanks to our well-developed network of interstate freeways, state highways and tollways connecting job centers to fast-growing new communities. The following maps— based on morning rush hour—give you an idea of how long you can expect it to take.

DOWNTOWN DALLAS

LEGEND

15 MINUTES

40

D A L L A S ECONOMIC DEVELOPMENT G U I D E

30 MINUTES

45 MINUTES

60 MINUTES

75 MINUTES

90 MINUTES

105 MINUTES

120 MINUTES 2015


DENTON

DFW INTERNATIONAL AIRPORT

SOUTHERN DALLAS

DALLAS REGIONAL ACCESS |  DRIVE TIME CHAMBER | XXXXXXX

HWY 121 & DALLAS NORTH TOLLWAY

DOWNTOWN FORT WORTH

SOURCE: North Central Texas Council of Governments 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

41


DFW INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD DALLAS–FORT WORTH BOASTS TWO AIRPORTS DFW INTERNATIONAL AIRPORT Dallas / Fort Worth International Airport is an economic engine for the region, generating $16.6 billion in economic impact annually. Built in 1974, midway between Dallas and Fort Worth, it is the highest-capacity commercial airport in the world and one of two international gateway airports in Texas. As a major hub of Fort Worth–based American Airlines, DFW 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 684,300 metric tonnes in FY 2014, serve 17 major markets around the world, including several key markets in Asia. DFW Airport is currently upgrading its 4 original terminals with a $2.3 billion dollar ‘Terminal Renewal and Improvement Program’ (TRIP) and is expected to be completed in 2017.

PHOTO: DFW INTERNATIONALAIRPORT

DFW BY THE NUMBERS (FY14) DAILY PASSENGERS

TOTAL PASSENGERS

172,456

62,946,579

INTERNATIONAL PASSENGERS

TOTAL CARGO (METRIC TONNES)

1,247,516

684,300

The final segment of DART’s light rail Orange Line to Dallas/Fort Worth International Airport opened in October 2014. The DFW Station connects travelers to the Las Colinas Urban Center, Dallas Medical District, Downtown Dallas and the entire DART light rail network.

DFW INTERNATIONAL AIRPORT: OUR GLOBAL CENTER DALLAS LOVE FIELD Located just seven miles from downtown Dallas, Dallas Love Field is a convenient general-use airport that serves as the headquarters for low-cost carrier Southwest Airlines. The airport, which served more than 8.4 million passengers in 2014, recently underwent a $519 million renovation, including a centralized terminal with 20 gates, a new lobby and an expanded baggage claim area.

DFW’S INTERNATIONAL CARGO NETWORK SERVES 17 MAJOR CARGO HUBS AROUND THE WORLD

> 3rd busiest airport in the world (operations) > 9th busiest airport in the world (passengers) > Hosts 24 passenger airlines and 16 cargo carriers > Serves 148 domestic and 56 international destinations > Covers 17,207 acres – larger than New York’s Manhattan > Has 5,200 acres of available developable land with nearly 3 million square feet of cargo facilities on site > Highest capacity commercial airport in the world with 7 runways > Recently named “Best Airport in North America” by Premier Traveler magazine

MANCHESTER AMSTERDAM BRUSSELS SHANGHAI HONG KONG

BAKU

SEOUL TOKYO TAIPEI

MOSCOW FRANKFURT LUXEMBOURG

DALLAS-FORT WORTH MEXICO CITY

SHARJAH GUADALAJARA

MUMBAI

SINGAPORE

42

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCES: DFW Airport and Love Field Airport; Passenger and Cargo Figures CY14

2015


ANCHORAGE

SEATTLE

MINNEAPOLIS

NEW YORK 166 flights per week WASHINGTON D.C. 119 flights per week

DENVER 134 flights per week

SAN FRANCISCO 103 flights per week

BOSTON

CHICAGO 189 flights per week

ST LOUIS RALEIGH

LAS VEGAS LOS ANGELES 173 flights per week

ATLANTA 161 flights per week

HONOLULU

PHOENIX

NEW ORLEANS MIAMI

MAUI

SAN JUAN

SOURCE: DFW International Airport, DRC research

PHOTO: DALLAS CVB

DALLAS LOVE FIELD BY THE NUMBERS DAILY PASSENGERS

TOTAL OPERATIONS

23,207

179,632

TOTAL PASSENGERS

TRAVEL TIME FROM DOWNTOWN DALLAS

8,470,586

11 minutes

DALLAS REGIONAL ACCESS |  DFW INTERNATIONAL CHAMBER | XXXXXXX AIRPORT AND DALLAS LOVE FIELD

DFW INTERNATIONAL AIRPORT DOMESTIC DESTINATIONS

LOVE FIELD NONSTOP DESTINATIONS SEATTLE/TACOMA PORTLAND BOSTON (LOGAN) MILWAUKEE CHICAGO (MDW)

SACRAMENTO SAN OAKLAND FRANCISCO SAN JOSE (SFO) LAS VEGAS LOS ANGELES (LAX) ORANGE COUNTY SAN DIEGO

DENVER

OMAHA KANSAS CITY

WICHITA

ST LOUIS RALEIGH/DURHAM

TULSA ALBUQUERQUE

NEW YORK (LaGUARDIA)

DETROIT

PHILADELPHIA PITTSBURGH BALTIMORE / WASHINGTON (BWI) COLUMBUS WASHINGTON DC (REAGAN NATIONAL) INDIANAPOLIS

SALT LAKE CITY

OKLAHOMA CITY

PHOENIX DALLAS LOVE FIELD

NASHVILLE MEMPHIS LITTLE ROCK

CHARLOTTE

ATLANTA

CHARLESTON

BIRMINGHAM PANAMA CITY BEACH NEW ORLEANS

SOURCE: Love Field, DRC research

2015

ORLANDO TAMPA FT. LAUDERDALE

D A L L A S ECONOMIC DEVELOPMENT G U I D E

43


U N N IS O 2: 07 — G R A N G O , C O DU O C , 2 :0 2 — ASPEN 2 :0 3 — T R O S E , C O , CO MON N 2 : 1 4 — D J U N C T I OO N , A Z AN CS , CO — GR S — TU 2:14 2:17 SPRING IX, AZ B O AT P H O E N I T Y, U T EAM Y — C — ST 2:36 L AKE OLE, W V 2:21 H S, N A LT — S KSON EGA , CA S V GS CA JAC 2:47 N A I L — R IO, A 2 : 5 4 2 : 5 4 — L M S P N TA R E S , C A C A L O P E O, A 1 — :03 — S ANG DIEG O, C M 3 LO N S N , N A 3:0 A E E C 0 — — S FR A F O, A 3:2 3:06 27 — ANT ENT E, C CA S AM OS O, CA : 3 4 — CR N J SC D, 1:4 SA SA NCI L AN 1 — 8 — FRA AK 3:4 3:3 AN — O S 6 4 8 — 3:

NON-STOP FLIGHT TIMES FROM DALLAS-FORT WORTH

3:4

It’s common knowledge that the DallasFort Worth region is globally connected. DFW is one of only seven airports in the world offering service to more than 200 destinations. Over a dozen new international routes have been added in the last two years with new destinations on the way. It took DFW International Airport 38 years to extend its reach to 50 international destinations and 24 or more could be added in the next 5 years. Destinations in Europe such as Helsinki, Berlin, Zurich, Barcelona as well as South American cities of Bogata, Brasilia, Oaxaca and Villahermosa will all be within reach. In 2014, service was launched to Shanghai and Hong Kong by American Airlines, as well as to Doha, Qatar by Qatar Airways, and to Abu Dhabi by Etihad Airways. Emirates Airline and Qantas Airways expanded their service from DFW to Dubai and Sydney, respectively, by adding the Airbus A380, the largest passenger aircraft in the world. The number of non-stop flights originating from DFW International Airport and Dallas Love Field provides travelers with options as well as convenience. The Wright Amendment, restricting flights from Dallas Love Field, was repealed in October 2014, providing the possibility of adding non-stop service to additional states, further strengthening and enhancing the region’s interconnectivity. New international routes, more carriers and increases in the air service destinations confirm DFW’s place as a global super hub.

1:4

0—

1 HU :34 NT — S B 1:4 1:41 VILL IRM 1:5 1 — — E/D ING 0 — 1: N EC H F O 4 3 — M O N A S H AT A M 1 : 5 RT W P E T G O V I L L U R , , A L 2 — AL NS ME E, AL 1 : 5 C H A T O N A C O L R Y, A T N 7 — T TA B E A A , L LO N O C H F L 2: 1:5 02 — UISV OGA , , FL 7 I A 1:5 0 — — KN TL AN LLE, K TN 1:59 PA N O X V I TA , Y 2:09 G —T —C AL AMA LLE, T A 2 INCI N N A : 0 3 — L L A H A S SC I T Y, F N T L E I E X , OH/C INGT E, FL 2:12 2 O — GR O E E N V : 2 0 — VA V I N G T O N , K Y N, K ILLE/ IL/E 2 : 1 4 — S PA RTA N A G L E , C OY J A CKS BURG, 2 :1 6 — O N V IL L S C E, C 2 :1 9 — O LU M B IA , SF L C S AVA N N A H , 2 GA :1 7 — 2: 2

3 4:1 :12 4:0 9— — 0— O S R P 8 : 3 6 : 1 E AT A N G O R T 1 — 8 — TLE E C L A 8 : 0 H O A / TA O U N D 9 — NO NCH CO NT , O 10: K LU O R M A Y, C R 08 —S 5 : 2 A H U L LU / O A G E , W A A AO 8 — UI/ AH , A P 10: U K 3 8 AUL 9:24 6:58 BO G MAU , H 1 0 : 2 — R I O - G U A — S — L I O TÁ , I , H I I 1 — O DE RUL ANT MA C O BUE JAN HOS IAGO , PE NOS EIR , SP , C AIR O, RJ , BR L E 0:38 S, BA , BR — W , AR 0 0:48 :42 — T ACO, 0:47 — LO Y L E R T X —W ICH NGVIEW , TX 0 : 4 7 I TA FA L L S , T X — KIL , TX 0 :4 9 — 0 : 4 8 — L A W L E E N , T X COLLEG T E S TAT O N , O K IO N , T X 0 :4 7 — 0: 51 — TE A B IL E N E , T X XARKANA , AR 0: 53 — SH RE 0: 52 — OK LA HO VE PO RT, LA MA CI TY, OK 0:5 4 — AUS TIN , TX 0:58 — FORT SMIT H, AR 0:57 — SAN ANGELO, TX 0:57 — TULSA, OK ENTA L, TX 1:07 — HOU STON -INT ERCO NTIN IO, TX 1:0 2 — SA N AN TON IA , LA AN DR 1: 04 — AL EX N SA S, AR KA TH W ES T AR E, L A 1: 04 — N OR 1 :0 5 — M O N R O Y, T X -H O B B , T X N O T S U CK HO LU B B O 1 :0 4 — AR 1 :0 5 — T L E R O C K , A R L IT ADO, 1:03 — EL DOR LES, L A — 1 : 2 9 K E C H A R S S A , T XX LA — /ODE O, T 9 0 AND RILL L A 1: MIDL — AMA YETTE, , TX — I 1:09 1 : 0 9 — L A FA H R I S T E , L A C 1:14 RPUS ROUG N, MS X N T O O — C B AT O A C K S D O , T X 1:14 :16 — 6 — J L ARE HUR, TN 1 T 1 — IS, L A R 1: :20 1 O RT A E M P H A N S , , T X P E N S M / NT — RL LE , M X M O 1 : 2 4 E W O C A L LOX I E , T S U A I M N LL M L BE — — T/B VI N, , A 7— 19 1:28 POR WNS IDIA ILE : 0 : 1 1 LF O ER OB GU BR M M — 0— 5— 3— 0 2 3 1:3 1:3 1: 1:

44

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCES: DFW Airport, Love Field Airport

2015


SHANGHAI, CN — 15:15 SEOU L, KR — 14:52 TOK YO- NAR ITA , JP — 13: 37 BE IJI NG , CN — 14 :15 ED M O N TO HO NG KO NG , HK — 17 :0 VA N C O U N , A B , C A — 4: 01 2 C A LG A V E R , B C , C A — R Y, 4 :1 6 AB, CA MONT T O R O R E A L- P E T, — 3 :4 8 N Q PUNT TO, ON, C C, C A — 3 :25 A—2 SAN A CANA :55 PRO JUAN, , DO — 4 P V :35 MO IDEN R — GR NTEGO CIALES 4:33 N A S A N D C A B AY, J , T C — M— 3:45 YM PA S A SA NAM U, BS AN IS 3:35 LIB N JO A CIT Y — 3:0 L AND —3 SA ER SE, , P 1 :17 G N S IA , C CR A — R O U A T E A LV A — 3 — 3 : 5 4 : 3 0 B E ATA M A L D O R : 4 7 6 ,S F LIZ N, A M RA E HN CIT V PA A D N K F C I T Y, — 3 Y, G T — 3 : 2 RI RID UR BZ :0 S - , T, 9 — 3: 2 DE ES DE — 2 08 : — — 5 GA UL 9:2 9:4 0 LE 8 4 ,F R — 9: 29

DALLAS REGIONAL ACCESS |  DFW INTERNATIONAL CHAMBER | XXXXXXX AIRPORT AND DALLAS LOVE FIELD

1:28 — ROSWELL, NM 1:47 — ALBU QUER QUE, NM 1:4 5 — CLO VIS , NM DO SP RI NG S, CO 1: 50 — CO LO RA — DE NV ER , CO 2: 05 ON, CO

23 — CH AR

TA LO TT E- D O M PA , F L 2: 27 — CH AR U GL AS , N C LE ST ON , SC 2:2 8 — OR LA ND O, FL 2:25 — FORT MYE RS, FL 2:28 — GREENS BORO, NC 2:32 — RALEIGH/DURHAM, NC 2:34 — WEST PALM BEACH, FL 2:40 — MIA MI, FL UD ER DA LE , FL 2:4 0 — FO RT LA DU LL ES , VA NTO NG HI , VA 2: 52 — W AS IC H M O N D 2: 42 — R E S T O N , W V RL A H C K — L , VA 2 :1 9 NORFO C 2 :4 7 — E B E A C H , S V L N M Y RT ENO, 2 :3 6 — 3 : 2 7 — R

2 1:2 9 — 1:2 KS — 19 4 N, KS 2: 1:1 TA Y, — AT C I T S D O — N H E N T Y, , M : 1 4 MA RD CI ELD 1 10 3 GA APID NGFI MO — — 1: 30 3:3 R PRI IN, KS 3: :19 S PL A , A — NY — —3 JO ICHIT N, M JFK, 3:18 A , NY W S T O O R K- C T — A R D I BO Y RD, GU N E W T F O K- L A 3 : 2 8 3 : 0 6 — HAR YOR J — 5 A N 4 P : , 2 16:52 NEW ARK PHIA , 2:50 C— U— N E WI L A D E L E , M D — I O N A L , D E Y, A SYDN P H T I M O R N - N AT : 3 2 B A L S H I N G T O , PA — 2 WA SBURGH PITT

8 8:5 — 0 B 2 G 1 9: , — , EN :32 2:5 NL RO W — 2 X — , M AM TH MX O, RD EA A , EJ 1 T E N - H J A R ATA N 2 : 3 2 2:5 S O AM OND DAL A ZIHU X — 2:32 MX — 2:40 L U A PA / L , M — B O , — G TA M E M X C A M X I X O Z U U N , D E L R TA , 2 : 3 2 C ANC OSE LL A X — C N J O VA Y, M : 3 8 S A E RT C I T X — 2 4 PU XICO A , M 2:3 9 22 ME RELI , MX — — 2:2 X — 2: M O E B L A N , M X AT O , M P U Z AT L Á N A J U — 2 : 2 4 : 1 7 MA N/GUA O, MX MX — 2 08 L E O R E TA R E N T E S , — 2: QUE A SC ALI TOSI, MX A G U LU I S P O X — 2 : 1 1 S A N T E C A S , M 1 :5 9 Z A C A E O N , M X — 1 :5 4 T O R R A H U A , M X — :3 6 C H IH UE R R E Y, M X — 1 Q A — 14 :3 0 7 DOHA , MONT UA E — 15 :0 AB U DH AB I, — 14 :43 DU BA I, UA E IL — 2:1 7 CH ICA GO -O' HA RE, FARG O, ND — 2:31 CLEVELAND, OH — 2:32 DETROIT, MI — 2:36 GRAN D RAPI DS, MI — 2:20 SEO UL, KR — 14: CO LU MB US , OH 11 — 2: 17 M ILW AU KE M IN N E A P E, W I — 2: 14 O LI S /S T. PA B IS M A U L, M N — F O RT R C K , N D — 2 2 :2 2 D AY T O W AY N E , IN — :4 2 M A D I N , O H — 2 2 :1 1 :10 SIOU SON, W I N D X FA L L S I — 2 : 0 9 CED IANAPOL , SD — 2 :01 MO AR RA IS, IN B LO L I N E , I P I D S , I — 2 : 0 0 A L O —1 CH MIN — 1 :53 P E A M PA G T O N : 5 4 COL ORIA , IGN, , IL — 1:53 DES UMB IL — IL — 1: 1:52 O M IA , S MAH OIN MO 49 GR PRIN A , N ES, IA — 1: E AN GF E — — 28 1: 1: S L P D I IEL E V T. LO A S O , S L A N D , I L 4 0 4 8 KA AN UI TX D, — NS SV S, M — NE 1:4 AS ILL O 1:4 — 6 1:4 CI E, I — 1 3 TY N 1 , M — :34 O 1:4 — 7 1: 27

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

45


REGIONAL POPULATION During the last decade, the Dallas–Fort Worth region was among the nation’s fastest-growing areas, attracting significant job and population growth. The population growth has fueled real estate development, as retailers and service providers expand to meet increasing demand. The growth has pushed Dallas and Fort Worth to redevelop and reenergize their downtowns, creating mixed-use buildings with residential, office and retail space and a high-end urban environment. While Dallas and Fort Worth serve as the biggest population centers, four other suburbs—Irving, Garland, Plano and Arlington—exceed 200,000, offering residents an abundance of choice as they search for the community that best fits their needs.

TOP 25 CITIES BY POPULATION Based on 2013 population estimates

Denton 123,099 Frisco 136,791

Flower Mound 68,609

P 27

Lewisville 101,074

Carrollton 126,700

Grapevine 50,195 North Richland Hills 67,317 Bedford 48,592

Euless 53,224

Irving 228,653

Da 1,25

Fort Worth 792,727

Arlington 379,577

Grand Prairie 183,372

DeSoto 51,483 Mansfield 60,872

46

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: US Census Bureau, 2013

Cedar Hill 46,663

2015


DFW MSA Population is larger than the combined populations of North Dakota, Idaho, Wyoming, Montana, Vermont, Maine and Alaska.

+ +

North Dakota 723,393 North Dakota 723,393

McKinney 148,559

+ +

Allen 92,020

Idaho 1,612,136 Idaho 1,612,136

Plano 74,409

+ Vermont+

Garland 234,566

Rowlett 58,043

Mesquite 143,484

Alaska 723,393 Alaska 723,393

POPULATION: 6,611,677 POPULATION: 6,611,677 POPULATION: 6,611,677 POPULATION: 6,810,913 POPULATION: 6,810,913 Wise 60,939 Wise 60,939 Parker 121,418 Parker 121,418 Hood 52,905 Hood 52,905

allas 57,676

+ +

626,630 Vermont 626,630

Wylie 44,575

Richardson 104,475

Maine 1,328,302 Maine 1,328,302

Montana 1,015,165 Montana 1,015,165

+ +

Wyoming 582,658 Wyoming 582,658

PEOPLE | REGIONAL POPULATION

DFW BY THE NUMBERS

Denton 728,799 Denton 728,799 Tarrant 1,911,541 Tarrant 1,911,541 Johnson 154,707 Johnson 154,707

Collin 854,778 Collin 854,778 Dallas 2,480,331 Dallas 2,480,331 Ellis 155,976 Ellis 155,976

Somervell 8,658 Somervell 8,658

Hunt 87,048 Hunt 87,048

Kaufman 108,568 Kaufman 108,568

Rockwall 85,245 Rockwall 85,245

POPULATION: 6,810,913

TEN LARGEST METROPOLITAN AREAS

2015

METROPOLITAN STATISTICAL AREA (MSA)

2013 POPULATION

2000-2013 PERCENT CHANGE

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

19,949,502

8.7%

Los Angeles-Long Beach-Anaheim, CA

13,131,431

5.9%

Chicago-Naperville-Elgin, IL-IN-WI

9,537,289

4.6%

Dallas-Fort Worth-Arlington, TX

6,810,913

31.1%

Houston-The Woodlands-Sugar Land, TX

6,313,158

33.2%

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

6,034,678

6.0%

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

5,949,859

23.4%

Miami-Fort Lauderdale-West Palm Beach, FL

5,828,191

16.0%

Atlanta-Sandy Springs-Marietta, GA

5,522,942

29.0%

Boston-Cambridge-Quincy, MA-NH

4,684,299

6.4%

D A L L A S ECONOMIC DEVELOPMENT G U I D E

47


PEOPLE | REGIONAL POPULATION

1980–2013 CITY AND COUNTY POPULATION FINAL CENSUS 4/1/80

FINAL CENSUS 4/1/90

FINAL CENSUS 4/1/00

FINAL CENSUS 4/1/10

COLLIN COUNTY ALLEN ANNA CELINA FAIRVIEW FARMERSVILLE FRISCO LAVON LOWRY CROSSING LUCAS MCKINNEY MELISSA MURPHY PARKER PLANO PRINCETON PROSPER WYLIE

144,762 8,314 855 1,520 893 2,360 3,499 185 443 1,371 16,256 604 1,150 1,098 72,331 3,408 675 3,152

264,036 18,309 904 1,737 1,554 2,640 6,141 303 865 2,205 21,283 557 1,547 1,235 128,713 2,321 1,018 8,716

491,675 43,554 1,225 1,861 2,644 3,118 33,714 387 1,229 2,890 54,369 1,350 3,099 1,379 222,030 3,477 2,097 15,132

782,341 84,246 8,249 6,028 7,248 3,301 116,989 2,219 1,711 5,166 131,117 4,695 17,708 3,811 259,841 6,807 9,423 41,427

854,778 92,020 9,515 6,744 8,148 3,395 136,791 2,422 1,756 6,180 148,559 6,112 19,515 4,063 274,409 7,732 12,943 44,575

290,666 40,692 7,024 4,167 4,604 183 83,275 1,832 482 2,276 76,748 3,345 14,609 2,432 37,811 3,330 7,326 26,295

59.12% 93.43% 573.39% 223.91% 174.13% 5.87% 247.00% 473.39% 39.22% 78.75% 141.16% 247.78% 471.41% 176.36% 17.03% 95.77% 349.36% 173.77%

DALLAS COUNTY ADDISON BALCH SPRINGS CEDAR HILL COCKRELL HILL COPPELL DALLAS DESOTO DUNCANVILLE FARMERS BRANCH GARLAND GLENN HEIGHTS GRAND PRAIRIE HIGHLAND PARK HUTCHINS IRVING LANCASTER MESQUITE RICHARDSON ROWLETT SACHSE SEAGOVILLE SUNNYVALE UNIVERSITY PARK WILMER

1,556,390 5,553 13,746 6,849 3,262 3,826 904,078 15,538 27,781 24,863 138,857 1,033 71,462 8,909 2,837 109,943 14,807 67,053 72,496 7,522 1,640 7,304 1,404 22,254 2,367

1,852,810 8,783 17,406 19,976 3,746 16,881 1,006,877 30,544 35,748 24,250 180,650 4,564 99,616 8,739 2,719 155,037 22,117 101,484 74,840 23,260 5,346 8,969 2,228 22,259 2,479

2,218,899 14,166 19,375 32,093 4,443 35,958 1,188,580 37,646 36,081 27,508 215,768 7,224 127,427 8,842 2,805 191,615 25,894 124,523 91,802 44,503 9,751 10,823 2,693 23,324 3,393

2,368,139 13,056 23,728 45,028 4,193 38,659 1,197,816 49,047 38,524 28,616 226,876 11,278 175,396 8,564 5,338 216,290 36,361 139,824 99,223 56,199 20,329 14,835 5,130 23,068 3,682

2,480,331 15,407 25,024 46,663 4,288 40,342 1,257,676 51,483 39,605 31,664 234,566 11,763 183,372 8,862 5,396 228,653 38,071 143,484 104,475 58,043 22,026 15,519 5,651 23,992 3,800

149,240 -1,110 4,353 12,935 -250 2,701 9,236 11,401 2,443 1,108 11,108 4,054 47,969 -278 2,533 24,675 10,467 15,301 7,421 11,696 10,578 4,012 2,437 -256 289

6.73% -7.84% 22.47% 40.30% -5.63% 7.51% 0.78% 30.28% 6.77% 4.03% 5.15% 56.12% 37.64% -3.14% 90.30% 12.88% 40.42% 12.29% 8.08% 26.28% 108.48% 37.07% 90.49% -1.10% 8.52%

662,614 3,282 2,595 1,469 119,097 1,334 19,935 113,383 2,867 64,669 3,247 15,056 3,246 4,157 7,105 95,290 25,898 1,724 2,786 3,856 1,395 4,786 5,962 6,916 2,612 36,328 8,024

728,799 3,561 2,718 1,633 126,700 1,393 20,618 123,099 2,995 68,609 3,970 15,747 3,333 4,632 7,337 101,074 32,701 1,880 3,055 4,006 1,458 4,941 6,646 7,415 2,758 39,458 10,459

229,638 917 1,095 376 9,521 118 8,610 32,846 688 13,967 1,169 2,883 1,355 2,178 939 17,553 22,252 803 1,039 318 888 N/A 3,152 2,382 1,151 9,797 1,674

53.04% 38.77% 73.00% 34.40% 8.69% 9.70% 76.03% 40.78% 31.57% 27.55% 56.26% 23.68% 71.66% 110.06% 15.23% 22.58% 610.31% 87.19% 59.47% 8.99% 175.15% N/A 112.17% 52.54% 78.78% 36.93% 26.36%

DENTON COUNTY ARGYLE AUBREY BARTONVILLE CARROLLTON COPPER CANYON CORINTH DENTON DOUBLE OAK FLOWER MOUND HICKORY CREEK HIGHLAND VILLAGE JUSTIN KRUM LAKE DALLAS LEWISVILLE LITTLE ELM NORTHLAKE OAK POINT PILOT POINT PONDER PROVIDENCE ROANOKE SANGER SHADY SHORES THE COLONY TROPHY CLUB

143,126 1,111 948 441 40,595 465 1,264 48,063 836 4,402 1,422 3,246 920 917 3,177 24,273 926 143 387 2,211 297 Not Incorporated 910 2,574 813 11,586 NI

ELLIS COUNTY ENNIS FERRIS ITALY MIDLOTHIAN OAK LEAF OVILLA PALMER RED OAK WAXAHACHIE

59,743 12,110 2,228 1,306 3,219 Not Incorporated 1,067 1,187 1,882 14,624

273,525 1,575 1,138 849 82,169 978 3,944 66,270 1,664 15,527 1,893 7,027 1,234 1,542 3,656 46,521 1,255 250 645 2,538 432 Not Incorporated 1,616 3,508 1,045 22,113 3,922

432,976 2,365 1,500 1,093 109,576 1,216 11,325 80,537 2,179 50,702 2,078 12,173 1,891 1,979 6,166 77,737 3,646 921 1,747 3,538 507 Not Incorporated 2,810 4,534 1,461 26,531 6,350

ESTIMATED POPULATION 7/1/13

DECENNIAL GROWTH 2000-2010

DECENNIAL GROWTH RATE 2000-2010

85,167 13,883 2,212 1,699 5,141 984 2,027 1,659 3,124 18,168

111,360 16,045 2,175 1,993 7,480 1,209 3,405 1,774 4,301 21,426

149,610 18,513 2,436 1,863 18,037 1,298 3,492 2,000 10,769 29,621

155,976 18,711 2,488 1,873 19,891 1,315 3,543 2,023 11,245 31,591

38,250 2,468 261 -130 10,557 89 87 226 6,468 8,195

34.35% 15.38% 12.00% -6.52% 141.14% 7.36% 2.56% 12.74% 150.38% 38.25%

4,045

5,718

7,978

8,779

2,260

39.52%

HOOD COUNTY GRANDBURY

48

3,332

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


FINAL CENSUS 4/1/90

FINAL CENSUS 4/1/00

FINAL CENSUS 4/1/10

ESTIMATED POPULATION 7/1/13

DECENNIAL GROWTH 2000-2010

DECENNIAL GROWTH RATE 2000-2010

TARRANT COUNTY CADDO MILLS COMMERCE GREENVILLE QUINLAN WEST TAWAKONI WOLFE CITY

860,880 1,060 8,136 22,161 1,002 840 1,594

1,170,103 1,068 6,825 23,071 1,360 932 1,505

1,446,219 1,149 7,742 24,117 1,370 1,462 1,581

1,809,034 1,338 8,078 25,557 1,394 1,576 1,412

1,911,541 1,366 8,222 25,834 1,401 1,598 1,423

362,815 189 336 1,440 24 114 -169

25.09% 16.45% 4.34% 5.97% 1.75% 7.80% -10.69%

JOHNSON COUNTY ALVARADO BURLESON CLEBURNE GRANDVIEW JOSHUA KEENE VENUS

67,649 2,701 11,734 19,218 1,205 1,470 3,013 518

97,165 2,918 16,113 22,205 1,245 3,828 3,944 977

126,811 3,288 20,976 26,005 1,358 4,528 5,003 1,892

150,934 3,785 36,690 29,337 1,561 5,910 6,106 2,960

154,707 3,819 40,714 29,747 1,568 5,935 6,076 3,129

24,123 497 15,714 3,332 203 1,382 1,103 1,068

19.02% 15.12% 74.91% 12.81% 14.95% 30.52% 22.05% 56.45%

71,313 1,788 2,774 5,588 6,490 1,133 2,151 1,028 13,606

103,350 1,942 2,858 14,661 6,703 1,154 3,035 1,535 15,816

108,568 2,011 3,043 16,650 6,922 1,199 3,134 1,773 16,347

32,037 154 84 9,073 213 21 884 507 2,210

44.92% 8.61% 3.03% 162.37% 3.28% 1.85% 41.10% 49.32% 16.24%

64,785 1,169 672 711 2,322 1,740 14,804 2,328

88,495 1,726 1,108 1,637 2,441 2,062 19,000 2,849

116,927 2,716 1,288 1,662 2,494 2,658 25,250 3,982

121,418 2,896 1,325 1,865 2,573 2,722 27,021 4,470

28,432 990 180 25 53 596 6,250 1,133

32.13% 57.36% 16.25% 1.52% 2.17% 28.90% 32.89% 39.77%

25,604 475 2,108 646 10,486 2,206

43,080 463 4,149 914 17,976 2,957

78,337 6,357 6,921 1,373 37,490 9,349

85,245 8,197 7,764 1,669 40,922 10,275

35,257 5,894 2,772 459 19,514 6,392

81.84% 1273.00% 66.81% 50.22% 108.56% 216.17%

1,949

2,122

2,444

2,536

322

15.17%

1,170,103 261,721 8,868 43,762 19,564 2,133 12,724 6,974 1,758 2,715 38,149 5,672 11,482 447,619 29,202 32,856 795 33,574 13,683 4,096 4,591 816 15,607 45,895 2,371 1,271 7,978 6,580 8,551 3,928 7,065 20,009 2,350 15,472

1,446,219 332,969 9,600 47,152 20,208 2,388 19,636 7,467 2,186 2,550 46,005 5,836 12,949 534,694 42,059 39,018 1,134 36,273 27,345 5,850 4,618 1,040 28,031 55,635 2,318 1,505 8,132 6,985 12,374 4,181 21,519 21,908 2,124 14,831

1,809,034 365,438 10,947 46,979 21,234 2,394 22,807 12,838 2,259 2,776 51,277 6,108 12,355 741,206 46,334 42,409 1,517 37,337 39,627 6,763 4,584 1,307 56,368 63,343 2,394 1,547 7,801 7,427 19,806 4,686 26,575 23,497 2,472 16,116

1,911,541 379,577 11,334 48,592 22,206 2,464 24,500 14,102 2,336 2,939 53,224 6,269 12,700 792,727 50,195 43,580 1,641 38,448 42,907 7,236 4,700 1,364 60,872 67,317 2,480 1,573 7,995 7,619 21,257 4,795 28,234 24,187 2,587 16,714

362,815 32,469 1,347 -173 1,026 6 3,171 5,371 73 226 5,272 272 -594 206,512 4,275 3,391 383 1,064 12,282 913 -34 267 28,337 7,708 76 42 -331 442 7,432 505 5,056 1,589 348 1,285

25.09% 9.75% 14.03% -0.37% 5.08% 0.25% 16.15% 71.93% 3.34% 8.86% 11.46% 4.66% -4.59% 38.62% 10.16% 8.69% 33.77% 2.93% 44.91% 15.61% -0.74% 25.67% 101.09% 13.85% 3.28% 2.79% -4.07% 6.33% 60.06% 12.08% 23.50% 7.25% 16.38% 8.66%

34,679 865 1,041 3,581 800 4,252 651 605 700

48,793 1,007 1,099 4,827 947 5,201 887 551 1,104

59,127 1,334 1,207 5,976 1,002 6,042 1,005 1,522 1,286

60,939 1,369 1,258 6,154 1,041 6,261 1,035 1,573 1,369

10,334 327 108 1,149 55 841 118 971 182

21.18% 32.47% 9.83% 23.80% 5.81% 16.17% 13.30% 176.23% 16.49%

KAUFMAN COUNTY COMBINE CRANDALL FORNEY KAUFMAN KEMP MABANK TALTY TERRELL PARKER COUNTY ALEDO ANNETTA HUDSON OAKS RENO SPRINGTOWN WEATHERFORD WILLOW PARK ROCKWALL COUNTY FATE HEATH MCLENDON-CHISHOLM ROCKWALL ROYSE CITY

39,015 688 831 2,483 4,658 1,035 1,443 Not Incorporated 13,225 44,609 1,027 454 309 1,174 1,658 12,049 1,113 14,528 263 1,459 Not Incorporated 5,939 1,566

52,220 1,329 1,652 4,070 5,238 1,184 1,739 Not Incorporated 12,490

PEOPLE | REGIONAL POPULATION

FINAL CENSUS 4/1/80

SOMERVELL COUNTY GLEN ROSE TARRANT COUNTY ARLINGTON AZLE BEDFORD BENBROOK BLUE MOUND COLLEYVILLE CROWLEY DALWORTHINGTON GARDENS EDGECLIFF VILLAGE EULESS EVERMAN FOREST HILL FORT WORTH GRAPEVINE HALTOM CITY HASLET HURST KELLER KENNEDALE LAKE WORTH LAKESIDE MANSFIELD NORTH RICHLAND HILLS PANTEGO PELICAN BAY RICHLAND HILLS RIVER OAKS SAGINAW SANSOM PARK SOUTHLAKE WATAUGA WESTWORTH VILLAGE WHITE SETTLEMENT WISE COUNTY ALVORD BOYD BRIDGEPORT CHICO DECATUR NEWARK RHOME RUNAWAY BAY

NI 860,880 160,113 5,822 20,821 13,579 2,169 6,700 5,852 1,100 2,695 24,002 5,387 11,684 385,164 11,801 29,014 262 31,420 4,156 2,594 4,394 957 8,102 30,592 2,431 Not Incorporated 7,977 6,890 5,736 3,921 2,808 10,284 3,651 13,508 26,575 874 889 3,737 890 4,104 466 478 504

SOURCE: U.S. Census Bureau

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

49


POPULATION DENSITY AND GROWTH While the majority of the population growth from 2000 to 2010 occurred in suburban communities, the urban core and the first-ring suburbs continue to show vibrancy and opportunity due to well-established neighborhoods and dense population concentrations. The Dallas–Fort Worth region is expected to grow to a population of 10.5 million people and employ more than 6.6 million by the year 2040. Growth is likely to occur in almost all parts of the region. Data presented on this map are compiled by traffic survey zone (TSZ), an aggregate of census blocks. Forecast estimates are produced by the North Central Texas Council of Governments (NCTCOG) and are the result of a combination of efforts. The first of these is an objective, deterministic model that uses factors such as inventory of vacant land and accessibility to allocate given levels of households and employment. The second is a subjective local review process whereby local entities are given an opportunity to review the model outputs and suggest adjustments. For this, local reviewers use their own expertise, experience and knowledge along with substantiating information such as adopted comprehensive plans and known development activity. It is important to note that both the objective and the subjective processes represent possible outcomes of future development activity. NCTCOG staff assess input submitted by local reviewers along with other data tracked by NCTCOG to complete the forecast estimates. These data were developed for regional planning activities and have not been evaluated for other uses. The North Central Texas Council of Governments makes no warranty, express or implied, including warranties of merchantability and fitness for a particular purpose. Responsibility for the use of these data lies solely with the user.

DFW TOTAL POPULATION DENSITY

SOURCE: JLL

TOTAL POPULATION PER SQ 1/4 MILE

56-124

125-215

216-313

314-426

427-600

601-955

DFW TOTAL EMPLOYMENT DENSITY

SOURCE: JLL

TOTAL EMPLOYEE COUNT PER SQ 1/4 MILE

42-78

50

D A L L A S ECONOMIC DEVELOPMENT G U I D E

956-1,931

79-131

132-188

189-257

258-370

371-589

590-1,035 2015


PROJECTED 2005-2040 POPULATION GROWTH

35

0-226 380 75

227-623 121 35E

624-1,156

35W 190

1,157-1,857 30

635

DNT

1,858-2,797

75 183 820

2,798-3,956

12

360

30

PEOPLE | POPULATION DENSITY AND GROWTH

2005-2040 POPULATION GROWTH PROJECTIONS

175

3,957-5,522

45

20

5,523-8,206

35W

35E

8,207-12,399 12,400-17,263 SOURCE: North Texas Central Texas Council of Governments

2005-2040 EMPLOYMENT GROWTH PROJECTIONS PROJECTED 2005-2040 EMPLOYMENT GROWTH

35

0-391 380 75

392-816 121 35E

817-1,343 35W 190

1,344-2,009 30

635

DNT

2,010-2,899

75 183 820 360

12

2,900-4,151

30

175

4,152-5,869

45 20

5,870-8,551

35W

35E

8,552-13,150 13,151-20,634 SOURCE: North Texas Central Texas Council of Governments 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

51


DEMOGRAPHICS Demographics in the Dallas–Fort Worth region are changing as the population diversifies. Just over 17% of the population is foreign-born, with Hispanics accounting for the largest minority group,both in the region and in the state. With a growing immigrant population, the region’s workforce is relatively young and well educated. Over 60% of workers 25 years of age and older have at least some college education, with nearly a third holding a bachelor’s degree or another advanced degree.

IN THE DFW AREA

MORE THAN 1,200,000 RESIDENTS WERE ADDED FROM 2000 TO 2010

10,500,000 WILL LIVE IN THE DFW AREA BY 2040

2013

THE RAPID INFLUX OF RESIDENTS HAS LED DFW TO BECOME THE FASTEST-GROWING U.S. METRO IN THE PAST DECADE

TOTAL POPULATION

6,810,913 52

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: US Census Bureau, 2013

2015


30.1% 21.5% 28.9% 15.7% 3.8% 33.9

FOREIGN-BORN POPULATION

17.4%

WORLD REGION OF BIRTH OF FOREIGN BORN

FOREIGN BORN

EUROPE ASIA AFRICA OCEANIA LATIN AMERICA NORTH AMERICA

4.6% 24.7% 5.6% 0.3% 63.7% 1.1%

RACE/ ETHNICITY

WHITE HISPANIC BLACK OR AFRICAN AMERICAN ASIAN OTHER

50.2% 27.6% 14.7% 5.5% 2.3%

LABOR FORCE

MANAGEMENT AND PROFESSIONAL SERVICE SALES AND OFFICE CONSTRUCTION, EXTRACTION, MAINTENANCE AND REPAIR PRODUCTION, TRANSPORTATION, AND MATERIAL MOVING

37.4% 15.8% 25.9%

EDUCATION

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

7.7% 8.5% 22.9% 22.7% 6.5% 21.3% 10.4%

HOUSEHOLD INCOME

AVERAGE HOUSEHOLD SIZE $0-$34,999 $35,000-$74,999 $75,000-$149,999 $150,000+ MEDIAN HOUSEHOLD INCOME

[OCCUPATIONS OF PERSONS 16 AND OLDER]

PHOTOS: ISTOCKPHOTO

[PERSONS 25 AND OLDER]

2015

PEOPLE | DEMOGRAPHICS

AGE

0-19 YEARS 20-34 YEARS 35-54 YEARS 55-74 YEARS 75+ YEARS MEDIAN AGE

9.5% 11.4%

2.78 29.5% 31.8% 27.0% 11.7% $58,356

D A L L A S ECONOMIC DEVELOPMENT G U I D E

53


DALLAS–FORT WORTH MARKET TAPESTRY For more than 30 years, companies, agencies and organizations have used segmentation to divide and group their consumer markets to more precisely target their best customers and prospects. This targeting method is superior to “scattershot” methods that might attract these preferred groups. Segmentation explains customer diversity, simplifies marketing campaigns, describes lifestyle and lifestage and incorporates a wide range of data. Segmentation systems operate on the theory that people with similar tastes, lifestyles and behaviors seek others with the same tastes—“like seeks like.” These behaviors can be measured, predicted and targeted.

MARKET TAPESTRY 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 money and still others result from ethnic influence.

Affluent Estates

Cozy Country Living

Ethnic Enclaves

amily Landscapes

GenXurban

Hometown

Middle Ground

Midtown Singles

Next Wave

Rustic Outposts

Scholars and Patriots

Senior Styles

Upscale Avenues

Uptown Individuals

54

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: ESRI Market Tapestry 2014

2015


AFFLUENT ESTATES

Established wealth— educated, well-traveled married couples

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

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

2015

POPULATION

PERCENTAGE OF DFW POPULATION

$100,100$116,100

1,204,307

17.8%

$80,000$101,900

186,341

2.7%

$55,100$100,100

196,383

2.9%

$56,000$86,900

848,362

12.5%

$47,000$67,700

413,573

6.1%

$40,300$75,600

273,769

4.0%

$26,800$65,100

1,675,790

24.7%

$27,200$61,400

374,076

5.5%

$16,300$64,800

92,366

1.4%

$29,100$44,400

285,068

4.2%

$17,600$40,600

561,481

8.3%

$21,700$40,600

236,992

3.5%

$21,900$41,700

378,388

5.6%

$17,600$42,500

55,396

0.8%

MEDIAN HOUSEHOLD INCOME

D A L L A S ECONOMIC DEVELOPMENT G U I D E

PEOPLE | MARKET TAPESTRY

ESRI’s Tapestry Segmentation, shown on the map below, 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. residential areas 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 12 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.

55


MIGRATION PATTERNS

Seattle

Domestic migration patterns can illustrate the flow of workers within the country. The reasons people relocate are numerous and can range from quality of life to employment prospects to overall business climate. The origins of people migrating to the Dallas–Fort Worth (DFW) area are evident through analysis of IRS data. Just as important are the places to which people are moving when they leave DFW. As illustrated here, people relocate to the DFW area from all parts of the country.

San Francisco

Boulder

Denver

San Jose Riverside Los Angeles

San Diego

Phoenix

MIGRATION PATTERNS BETWEEN DFW AND OTHER METRO AREAS: 2000 TO 2011 METROPOLITAN STATISTICAL AREA (MSA) Los Angeles-Long Beach-Santa Ana, CA

56

D A L L A S ECONOMIC DEVELOPMENT G U I D E

INTO DFW

OUT OF DFW

NET

69,948

35,962

33,986 19,278

Chicago-Joliet-Naperville, IL-IN-WI

45,736

26,458

New York-Northern New Jersey-Long Island, NY-NJ-PA

41,308

24,070

17,238

Riverside-San Bernardino-Ontario, CA

23,233

10,994

12,239

San Diego-Carlsbad-San Marcos, CA

23,358

16,358

7,000

Miami-Fort Lauderdale-Pompano Beach, FL

22,241

16,703

5,538

Phoenix-Mesa-Glendale, AZ

27,199

22,192

5,007

San Francisco-Oakland-Fremont, CA

17,118

12,608

4,510

San Jose-Sunnyvale-Santa Clara, CA

11,400

8,359

3,041

Orlando-Kissimmee-Sanford, FL

11,542

8,617

2,925

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

10,321

7,518

2,803

Boston-Cambridge-Quincy, MA-NH

10,318

7,819

2,499

San Antonio-New Braunfels, TX

46,727

45,124

1,603

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

23,829

22,798

1,031

2015


Chicago

New York

Pittsburgh

5,000 to 10,000

PEOPLE | MIGRATION PATTERNS

0 to 5,000

Boston

Philadelphia Washington Durham

Raleigh Charlotte

10,000 to 15,000

15,000 to 20,000

Atlanta 30,000 to 35,000

Orlando Net Gain

Austin

Houston San Antonio

Net Loss

Miami

METROPOLITAN STATISTICAL AREA (MSA)

INTO DFW

OUT OF DFW

NET

Pittsburgh, PA

3,263

2,559

704

Durham-Chapel Hill, NC

1,374

1,197

177

Raleigh-Cary, NC

4,846

4,698

148

Charlotte-Gastonia-Rock Hill, NC-SC

5,594

5,787

-193

Denver-Aurora-Broomfield, CO

20,922

21,211

-289

Seattle-Tacoma-Bellevue, WA

16,489

16,818

-329

Boulder, CO

1,806

2,507

-701

113,896

116,954

-3,058

Atlanta-Sandy Springs-Marietta, GA

28,713

32,789

-4,076

Austin-Round Rock-San Marcos, TX

62,290

72,771

-10,481

Houston-Sugar Land-Baytown, TX

2015

SOURCE: US Internal Revenue Service, compiled by Telestrian

D A L L A S ECONOMIC DEVELOPMENT G U I D E

57


DEMOGRAPHIC METRO-TO-METRO COMPARISONS With regard to key demographics, Dallas– Fort Worth competes favorably with other world-class metropolitan areas across the United States, with a well-educated workforce. Its central location provides easy access to important markets on both coasts, without the higher prices and congestion of more traditional corporate markets such as Chicago, but with more depth than other fast-growing markets such as Denver or Phoenix. The region’s low cost of living means residents can enjoy a higher standard of living on a lower median household income than in many other large markets located on the East or West Coasts.

5-YEAR ESTIMATES: 2009-2013

(except for Total Population - 2013 Population Estimate)

DALLAS-FORT WORTH

ATLANTA

DEMOGRAPHIC CHARACTERISTICS

DEMOGRAPHIC CHARACTERISTICS

Total Population Median Age Total Households Average Household size

6,810,913 33.9 2,333,532 2.78

Total Population Median Age Total Households Average Household size

5,522,942 35.2 1,917,581 2.76

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

% High School Graduate or Higher 83.8% % Bachelor’s Degree or Higher 31.4%

% High School Graduate or Higher 87.7% % Bachelor’s Degree or Higher 34.9%

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

Median Household Income

$58,356

Median Household Income

HOUSTON

LOS ANGELES

DEMOGRAPHIC CHARACTERISTICS

DEMOGRAPHIC CHARACTERISTICS

Total Population Median Age Total Households Average Household size

6,313,158 33.3 2,068,518 2.90

Total Population Median Age Total Households Average Household size

$56,605

13,131,431 35.4 4,225,895 3.01

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

% High School Graduate or Higher 81.1% % Bachelor’s Degree or Higher 28.9%

% High School Graduate or Higher 78.3% % Bachelor’s Degree or Higher 31.1%

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

Median Household Income

$57,712

Median Household Income

$60,252

NEW YORK PHILADELPHIA

CHICAGO

DENVER

SAN FRANCISCO

CHARLOTTE LOS ANGELES SAN DIEGO

ATLANTA

PHOENIX DALLAS-FORT WORTH

HOUSTON

58

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


CHICAGO

DEMOGRAPHIC CHARACTERISTICS

DEMOGRAPHIC CHARACTERISTICS

Total Population Median Age Total Households Average Household size

2,335,358 36.5 848,632 2.62

DENVER

Total Population Median Age Total Households Average Household size

DEMOGRAPHIC CHARACTERISTICS

9,537,289 36.0 3,429,738 2.72

Total Population Median Age Total Households Average Household size

2,697,476 35.9 1,011,588 2.54

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

% High School Graduate or Higher 86.4% % Bachelor’s Degree or Higher 32.8%

% High School Graduate or Higher 86.6% % Bachelor’s Degree or Higher 33.3%

% High School Graduate or Higher 89.6% % Bachelor’s Degree or Higher 38.8%

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

Median Household Income

$52,051

Median Household Income

$61,156

Median Household Income

$62,742

NEW YORK

PHILADELPHIA

PHOENIX

DEMOGRAPHIC CHARACTERISTICS

DEMOGRAPHIC CHARACTERISTICS

DEMOGRAPHIC CHARACTERISTICS

Total Population Median Age Total Households Average Household size

19,949,502 37.8 7,078,765 2.73

Total Population Median Age Total Households Average Household size

6,034,678 38.2 2,226,631 2.62

Total Population Median Age Total Households Average Household size

4,398,762 35.1 1,535,460 2.73

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

% High School Graduate or Higher 84.9% % Bachelor’s Degree or Higher 36.3%

% High School Graduate or Higher 88.9% % Bachelor’s Degree or Higher 33.1%

% High School Graduate or Higher 86.3% % Bachelor’s Degree or Higher 28.5%

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

Median Household Income

$66,285

SAN DIEGO

$61,923

$53,228

DEMOGRAPHIC CHARACTERISTICS

3,211,252 34.8 1,076,483 2.83

Total Population Median Age Total Households Average Household size

4,516,276 38.5 1,627,123 2.66

EDUCATION CHARACTERISTICS

EDUCATION CHARACTERISTICS

% High School Graduate or Higher 85.5% % Bachelor’s Degree or Higher 34.4%

% High School Graduate or Higher % Bachelor’s Degree or Higher

ECONOMIC CHARACTERISTICS

ECONOMIC CHARACTERISTICS

Median Household Income

Median Household Income

SAN FRANCISCO

DEMOGRAPHIC CHARACTERISTICS

Total Population Median Age Total Households Average Household size

Median Household Income

PEOPLE | DEMOGRAPHIC METRO-TO-METRO COMPARISONS

CHARLOTTE

$62,962

Median Household Income

87.7% 44.1% $77,887

COMPONENTS OF POPULATION CHANGE - JULY 1, 2012 TO JULY 1, 2013 METROPOLITAN STATISTICAL AREAS Atlanta Charlotte Chicago Dallas-Fort Worth Denver Houston Los Angeles New York Philadelphia Phoenix San Diego San Francisco

TOTAL POPULATION CHANGE

VITAL EVENTS Deaths

NET MIGRATION

NATURAL INCREASE

Births

Total

International

Domestic

68,513

39,737

73,348

33,611

27,930

16,910

11,020

40,368 23,230 108,112 50,782 137,692 94,386 111,749 15,145 71,130 35,114 62,117

12,628 52,167 56,731 18,573 56,334 87,950 107,393 20,591 29,279 23,190 21,915

29,505 120,920 96,489 34,971 92,304 168,473 251,482 73,907 58,885 43,894 51,834

16,877 68,753 39,758 16,398 35,970 80,523 144,089 53,316 29,606 20,704 29,919

26,378 -26,269 52,142 31,404 81,124 6,050 17,979 -4,977 40,451 10,608 40,283

4,996 23,646 19,501 4,868 25,504 49,798 128,042 17,520 8,437 11,720 23,534

21,382 -49,915 32,641 26,536 55,620 -43,748 -110,063 -22,497 32,014 -1,112 16,749

SOURCE: US Census Bureau

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

59


LABOR SUPPLY Employers in Dallas–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, keeping commute times low for major employment centers surrounding the Dallas and Fort Worth city centers. The region’s relatively low cost of living means employers can tap into a strong workforce no matter where they base their operations. For employees, the wide distribution of jobs means that they are able to choose from a variety of communities in which to live and enjoy the lifestyle that best fits their needs—whether their preference is a well-established neighborhood, a new, fast-growing community, or a small town or rural setting—while maintaining a reasonable commute time.

WHERE PEOPLE LIVE DENTON CO.

WISE CO.

COLLIN CO.

HUNT CO.

35 75

35W 35E 30 TARRANT CO.

PARKER CO.

ROCKWALL CO.

820 635

30

20

20

20

KAUFMAN CO.

DALLAS CO. ELLIS CO.

JOHNSON CO.

45 35W 67 35E

JOBS/WORKERS PER SQUARE MILE 500 OR LESS

2,000

1,000

UP TO 6,000

4,000 3,000

5,000

DFW LABOR FORCE AND PARTICIPATION TOTAL POPULATION

6,810,913

LABOR FORCE (PERSONS 16+)

60

Management, professional, and related

37.4%

Service

15.8%

Sales and office

25.9%

Construction, extraction, maintenance and repair

9.5%

Production, transportation, and material moving

11.4%

D A L L A S ECONOMIC DEVELOPMENT G U I D E

TOTAL WORKING AGE POPULATION 16 YRS AND OLDER

72.9%

TOTAL CIVILIAN LABOR FORCE

3,447,414

TOTAL UNEMPLOYED NOV. 2013

4.6%

SOURCES: LED OnTheMap and 2009-2013 American Community Survey, US Census Bureau; Bureau of Labor Statistics

2015


WISE CO.

DENTON CO.

COLLIN CO.

HUNT CO.

75

35

35W 30

35E TARRANT CO.

PARKER CO.

ROCKWALL CO.

KAUFMAN CO.

820 635

30 20

20

20 DALLAS CO. JOHNSON CO.

ELLIS CO.

45 35W

67

35E

JOBS/WORKERS PER SQUARE MILE 500 OR LESS

2,000

1,000

WISE CO.

DENTON CO.

WISE CO.

HUNT CO.

COLLIN CO.

DENTON CO.

3,000

5,000

HUNT CO.

COLLIN CO.

WHITE COLLAR

35

UP TO 6,000

4,000

WORKFORCE, EDUCATION AND TRAINING | LABOR SUPPLY

WHERE PEOPLE WORK

35

75

75

WHERE ALL OTHER WORKERS LIVE

35E

35E

35W

PARKER CO.

35W

WISE CO.

30

PARKER CO.

TARRANT CO.

35

ROCKWALL CO.

820

30

20

20

DALLAS CO.

PARKER CO.

35E

BLUE COLLAR Where trade, transit

ELLIS CO.

20

30

820

35W

JOHNSON CO.

20

635

30

35W

67

35E

JOHNSON CO.

DENTON CO.

HUNT CO.

COLLIN CO.

KAUFMAN CO. 20

20

ELLIS CO.

DALLAS CO.

45 35W

67

WISE CO.

ROCKWALL CO.

45

and utility workers live

HUNT CO.

KAUFMAN CO.

DALLAS CO.

TARRANT CO.

45 67

635

35E

35W 20

20

HUNT CO.

ROCKWALL 75 CO.

820

KAUFMAN CO.

635

30 20

COLLIN30CO.

DENTON CO. TARRANT CO.

35E

JOHNSON CO.

ELLIS CO.

35 75

35E 35W 30

PARKER CO.

TARRANT CO. ROCKWALL CO.

820 635

30 20

KAUFMAN CO. 20

20

DALLAS CO.

JOHNSON CO.

2015

UP TO 2,500

500 250

45 67

JOBS/WORKERS PER SQUARE MILE 100 OR LESS

1,000

35W 35E

ELLIS CO.

Where goods-producing workers live

D A L L A S ECONOMIC DEVELOPMENT G U I D E

61


O 1.28 LT EH IES0.6U R4

2.4

%

5

0.9

%

1.

FIN

%

%

%

C ONSTRUCTI ON

ON

4.1

%1.2

1 .8

N MA

UF

A

U CT

RI

NG

5 0.97 0.97 1.1 1.02

4.1 %

NIN

%

IN F O R M A TI

2.5%

T

ON

AC T

RIN

C I A L

S8 C E8.

S

AN O T HC I E

1 VI . 0 T R 9 CL UC 6 SE S R E . % T UD 0 C 2 H .97 4 NS MAN T VI O L I 2 6 R N C . . U FA G 50 97 1.09 1 E . EA 2 S 1 CTU E . H 0 0 H 1.09 1.12 1.21 LT 1.5 % R I ND UGC 1.8 A HE AT 9 I O .02 5. 1N ) .0 74 2 2 1.1 % . 4 HEAL 0 6.9 . INFO 9 7 5 11.2.2 RMA 0.82 9 . 0 FINA TION 1 VI . 1 5 9 R 5 . N AT U 0 2 E 0 . S AN 1 FIN EN, AT T UR A L R E R 1 E . H H 2 T EA R A RN A L R ES SO U R 8 O C O U R CE SE SA N 4.1 LT SPO 2 1 A ND DMMI H . RTA 1 I N SE N I NI GN G TIO N EN

INF

YM

MIN

PLO

AND .97 C E S 1.12 OUR

EM

%

%

TS

1.8%

UD

EN

FA

V I T IE

I

7.7 %

ING

IN G

HM

TU

P OS H ND A E UR S I LE ION

MIN

ED

LIS

4.1M%

TA B

CE

L I TA

7.7 %

% DFW'S DIVERSE ECONOMY AN U

IT Y

6.7 %

%

S

%

CT I U M INF ORMATION NRDI N G SA

SA ND

01.50 1. 0 1.21 0.82%1.52.4 0 %21 .97 I S UVRI 1 1 2 . 1 2 .1 21 0.820.82 2.%4 0.82 1%.0.50.4 % .021. TAHC%ETRILVESI ETRI EESI 1 0.6I N A N C I A0.LO174 L . 0.95 1 4.1 1.28 F 4 1.12 1 8 2 . 2 2 . 1 1 8.64 0.6 0.74 . 0 5 . 1 7 9 9 . 5 .0 9 0 4 0 1.8 MA ES

The Dallas–Fort Worth regional economy is among the most diverse in the nation, which means that companies can draw from a deep base of skilled workers. Logistics and trade, technology, and % advanced services represent the lifeblood of the Dallas–Fort Worth regional economy,%offering competitive advantages for this area on both the national and the international levels. Businesses in DFW can move goods quickly and costeffectively using a robust intermodal network that connects to regional centers by truck and rail and to world centers by air. The region’s technology sector, led by international powerhouses such as Texas Instruments Inc., has helped develop a strong base of%engineers and information science professionals to lead product innovation for the world. The DFW area has % a strong base of headquarters and other professional services, making the region a magnet for business leadership.

.9 %

RCE

UC CON 1.S2T %R U C T A I OU O N T I R O % C N) E SA N DM 1.2 % I NI NG ED N UC AT IO N) G 1 .8 %

I 1.8 URCES NFO A N R D M MIAN I N G T ION

5.9

%

TI 6.9% U R MA O % FOR E SFACTU.1RING MANU 4 IN LR

%

9 . 5 INDUSTRY SECTORS .1 09 2.5 6.9

SOU

RA

NT

VICES

C 6.9 FA NU M AE S VIC ER SS ES SIN IES LIT UTI ND NA

9.

AT U R A L

6.9 %

2.5 %

TI O

%

N)

T L RU

CON

S

E I COTT S U R E IHOE RNS

HEALTH SERVIC ES C ONS TRU CTI ON

0.9

0.74

7.7 1.2 %

AN ER D H OVSI C E P

1.02

)

RESOUR C E S A N D MININ G

N

71.7.2 5.9% % 1.50 74 .1 1 0.82 20. 1.0

D U C AT I O N

%

.112

.74

LOGISTICS AND TRADE

0

FINANCIA

% 8

1.8

%

F I N A

ON

0.64

1.2

AT I

55.1 %

ORM

5.1

5.9 %

ING

0.74

11.0.12%

N) E D.8%U C A T I O IES 1 I O N A N DU UT I1T.L2%IILTIITE S % T A TO N A N D 2.5 AT I

ON)

8.8

1.091.12 5..1121.09 1 0 0.7.14 2 . 9 0 . 5 9 5 0.97 1

0.64

%

0.64

operations, no matter how remote. Without these three competencies, today's global % economy simply would not exist.

4.1

%

1.25.40

1.28

G

2.

G

G

B D UU S I N E % S I NT IEL S S S N UF SI ST I SE E R V AC SE R V I C E TU I S C RIN E S 2% I N F GOUR GLOBAL FOOTPRINTS LEISU is no surprise that DFW enjoys international standing in three sectors that are the O RItlifeblood 2.5 M A of the global economy. Each of these sectors serves DFW well at the regional, T IandO continental levels of economic engagement. Transportation, national O Tcommunication H EandRgoods 6.9 N technologies provide the means to move information, people and information SER around the globe. Logistics and trade direct and manage the movement of materials and V I C E S products, while advanced services provide the management and control functions for all

CO

NS

TR

L ACT

ERVICES OTHER S

ESS CTURIN N I S D B U A N U FA % N A M L 2.5 ONA I S S E PROF

% %

.8 .8 I EESR1V 1I C E SG S

IL % D UT N A N TAT I O R O P S TRAN , E D TRA A

%%

%

LIT

UTI

ND

E D U C AT I O

%

L AN % D BU SINE SS S ERVI CES

N)

IAOTNI O N T A RFMO R M O F IN IN

ITIES

% 7.7

5.9%

SE

Y

RV

ONA

.5 1 %I O N

%H E R

IC

ES

ESSI

CT

IC %

ES

%

IT

6.2 % 9.9 %

TI

ES

1 ( I N5.

RU

2

RV

ON

ST

PROF

6.2%

2015

6%

%

SE

TI

6.9 %

I

TH

RA

AD M

NI S

TR A

TI

ON

AL

.9 66.2

IC

(I

HE

ST

NC

%

NI

I

% % % 4.1 %

LU D

E

NG

A

7.7 %

MI

%

BL

DU C

AD

ES

C

%

.7

S P I T AL

LI

.1 21

6.7%

Advanced services traditionally have meant headquarters, but also include financial, professional and technical services ranging from management consulting firms to business insurers, accountants, and legal services. Complex technologies and transnational operations have pushed most of the growth in advanced services activities into highly specialized firms and enterprises. This region has an exceptionally large number of these operations and is likely to continue to attract additional companies.

CTI % V I T I E S8.8

UB

TI

% Y IT AL IT ES CES SP CTIVITI RVI H O A N C I A L A T H S E8.8% D FIN H E A LL E IS AN U R EA N D HO

2.4

.4OT ALIT TIVI O N1.50% 1.02 2.40%.97.82 C T 0 I % 4 1 AC . SP . 1 O 2 L IA DH 1. NC AN 8.8 6.7 RE NA .74 .50 I 0 1 0 1 U . 2 I O.1 . 8 F 1 1 1 0 0 . 2 0 1 . . 2 . . 5 0 9 1 E1I S2 N 6 8 9 4 . 5 2 . L 9 0 2 . . 0 6 8 A 1 4 N 8 PI 2 D . 2 2 1 1 . 9 . 2 AND HOS 5 0 1 . 1 LEISURE 0 0U.8T I L 7 . 7 4 IT I

RE

ICES

ADVANCED SERVICES

UC

H

.09I S U

ER

beginning in 1958 with the invention of the microchip at Texas Instruments. Today, the local technology sector is broad and deep, and DFW technology companies enable many of the core activities and processes of the global economy.

9.5 % 6 % .7

11 %

D A L L A S ECONOMIC DEVELOPMENT G U I D E

LE

) ER N I OS S S T E C AI NTECHNOLOGY SECTOR U S U D Dallas led the nation into the new era of information and communication technologies EB

D 9% N G A U I N 6. L O A D ES I O NC L U R S L S IN E A F R O N( U R T P IO AT R ST I N I M AD C LI 62

S

OTH

S

I

E C I V

S E R V IFCI N A E N N S C I AL A RUCTIO

E RC

D N A

N MI

NG

G

CONST

R

RIN M A N U FA C T U

HEA L T H SERV

O NF

MA

N TIO

Historically, this region has leveraged its central geography with various transportation assets. Significant trade and distribution activity now comes to and through the DFW metro area by land, air, and rail with local intermodal facilities linking the three modes of transport. Looking ahead, as high value materials and products move from shipping vessels to airplanes, the region's place in international trade routes will become increasingly vital.


NATU RA L RE SO UR CE

% EMPLOYMENT

DI LU INC N( AT IO TR NIS MI AD IC

%

22%

PU

BL

18.4%

%

13.7 %

PR OF ES SI ON

NA ND UT

G

UC

AT IO

% 11.8 ES

2

FIN

ANC

AC IAL

TIVI

TIES

6.6%

1.51

ED

0.8

0.75

DIN

1.18

%

LU

1.11

6.0

INC

2.5%

S

N(

TIE

AT IO

ILI

TR

IC

IO TAT

ES S SE RV IC ES

OR

13.7 %

SP

NIS

RV

AN

MI

SE

TR

AD

AL TH

E,

IC

10.0 %

HE

AD

AL AN D BU SI N

TR N)

0.57

1.28

AN D AL IT

NG URI

SP IT Y

NUF ACT

4%

HO

0.97

1.13

2.4

%

.99

E

MA

5.8

%

6.9%

% 8.9

7.6 % 2015

ION

%

%

UR

TRUCT

EMPLOYMENT

IS

FO

ON

LE

IN

I AT RM

8.8%

%

1.7%

VICES

0

1.1

D MIN ING

R SER

5.0 %

1.06

AN NATU RA L RE SO UR CE S

OTHE

10.

%

1.2%

CONS

HMENTS

BL

LOCATION QUOTIENT

ESTABLISHMENTS

20.1

PU

An industry concentration measure, LQ (location quotient) = Industry’s share of local employment/ Industry’s 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).

WORKFORCE, EDUCATION AND TRAINING | INDUSTRY SECTORS

25.7%

LEGEND

SOURCE: QCEW Employees, Non-QCEW Employees & Self-Employed - EMSI 2014.3 Class of Worker

D A L L A S ECONOMIC DEVELOPMENT G U I D E

63


WAGES AND SALARIES Median wages and salaries in the Dallas– Fort Worth region generally track below national levels, thanks to Texas’ probusiness labor environment and low taxes. An abundance of affordable housing compared to major metropolitan areas means employees can still enjoy a high standard of living at lower costs than in other major markets.

WHAT PEOPLE IN DFW EARN FOOD PREPARATION & SERVING RELATED

MANAGEMENT

LEGAL

174,128 | TOTAL WORKERS $96,942 | DF W MEDIAN $87,843 | U.S. MEDIAN

28,462 | TOTAL WORKERS $86,966 | DF W MEDIAN $86,016 | U.S. MEDIAN

BUSINESS & FINANCIAL OPERATIONS

EDUCATION, TRAINING & LIBRARY

BUILDING & GROUNDS CLEANING & MAINTENANCE

197,448 | TOTAL WORKERS $66,602 | DF W MEDIAN $63,588 | U.S. MEDIAN

179,559 | TOTAL WORKERS $46,544 | DF W MEDIAN $46,562 | U.S. MEDIAN

123,289 | TOTAL WORKERS $21,405 | DF W MEDIAN $22,951 | U.S. MEDIAN

COMPUTER & MATHEMATICAL

ARTS, DESIGN, ENTERTAINMENT, SPORTS & MEDIA

PERSONAL CARE & SERVICE

127,655 | TOTAL WORKERS $78,150 | DF W MEDIAN $77,067 | U.S. MEDIAN

52,704 | TOTAL WORKERS $43,913 | DF W MEDIAN $42,937 | U.S. MEDIAN

122,616 | TOTAL WORKERS $21,138 | DF W MEDIAN $21,397 | U.S. MEDIAN

ARCHITECTURE & ENGINEERING

HEALTH CARE PRACTITIONER & TECHNICAL

67,308 | TOTAL WORKERS $79,504 | DF W MEDIAN $76,027 | U.S. MEDIAN

170,018 | TOTAL WORKERS $75,789 | DF W MEDIAN $72,801 | U.S. MEDIAN

LIFE, PHYSICAL & SOCIAL SCIENCE

HEALTH CARE SUPPORT

285,709 | TOTAL WORKERS $20,093 | DF W MEDIAN $20,102 | U.S. MEDIAN

TYPICAL WORKERS’ COMPENSATION COSTS OCCUPATION

INSURANCE RATES

Electronic Apparatus Manufacturing

1.84

Fabricated Products

4.45

Machinery Manufacturing

4.74

Metal Goods Manufacturing

6.49

Sales and Service

3.91

Hospital Professional Employees

1.37

Office Workers

0.30

SALES & RELATED 390,822 | TOTAL WORKERS $35,978 | DF W MEDIAN $32,814 | U.S. MEDIAN

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 2.70% or the applicable industry average tax rate, whichever is higher. The employer will keep the entry level tax rate for approximately 18 months, and will continue to pay at this rate until the employer’s account is chargeable with claims for unemployment benefits for four complete quarters.

18,995 | TOTAL WORKERS $62,457 | DF W MEDIAN $64,450 | U.S. MEDIAN

76,953 | TOTAL WORKERS $28,794 | DF W MEDIAN $26,931 | U.S. MEDIAN

OFFICE & ADMINISTRATIVE SUPPORT 600,554 | TOTAL WORKERS $33,514 | DF W MEDIAN $33,219 | U.S. MEDIAN

COMMUNITY & SOCIAL SERVICE

PROTECTIVE SERVICES

FARMING, FISHING & FORESTRY

37,765 | TOTAL WORKERS $44,915 | DF W MEDIAN $41,371 | U.S. MEDIAN

75,879 | TOTAL WORKERS $39,160 | DF W MEDIAN $40,172 | U.S. MEDIAN

4,346 | TOTAL WORKERS $23,022 | DF W MEDIAN $22,219 | U.S. MEDIAN

SOURCE: Texas Department of Insurance; EMSI, QCEW Employees, Non-QCEW Employees & Self-Employed - EMSI 2014.3 Class of Worker

64

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


OCCUPATION

2014 JOBS

2015 JOBS

2016 JOBS

2017 JOBS

DFW MEDIAN INCOME

54,741

55,684

56,539

57,337

$107,729

7,480

7,678

7,856

8,018

$129,704

Financial Managers

11,059

11,313

11,549

11,767

$121,528

Accountants and Auditors

36,715

37,515

38,222

38,871

$69,013

8,691

8,914

9,099

9,265

$76,025

Loan Officers

11,870

12,263

12,615

12,930

$57,809

Computer Systems Analysts

17,056

17,626

18,123

18,568

$80,582

Computer Programmers

11,440

11,625

11,767

11,882

$77,123

Software Developers, Applications

18,636

19,201

19,696

20,141

$93,933

Software Developers, Systems Software

15,080

15,399

15,689

15,962

$96,401

4,070

4,156

4,230

4,297

$78,207

Network and Computer Systems Administrators

12,102

12,291

12,458

12,615

$79,572

Computer Support Specialists

21,006

21,506

21,951

22,362

$45,307

6,290

6,322

6,361

6,405

$88,428

Registered Nurses

56,529

58,742

60,655

62,361

$70,983

First-Line Supervisors of Non-Retail Sales Workers

11,229

11,183

11,163

11,166

$65,921

First-Line Supervisors of Office and Administrative Support Workers

38,782

39,637

40,392

41,087

$54,516

Bill and Account Collectors

17,802

18,238

18,620

18,970

$32,715

Bookkeeping, Accounting, and Auditing Clerks

41,578

42,391

43,134

43,823

$37,643

Customer Service Representatives

78,043

79,135

80,180

81,190

$31,562

Loan Interviewers and Clerks

13,077

13,510

13,840

14,128

$39,154

Receptionists and Information Clerks

18,690

19,251

19,740

20,173

$27,159

Executive Secretaries and Executive Administrative Assistants

19,752

19,938

20,079

20,193

$52,093

Office Clerks, General

82,466

83,551

84,493

85,346

$30,076

First-Line Supervisors of Production and Operating Workers

12,031

11,951

11,920

11,923

$53,848

6,175

6,048

5,971

5,928

$25,124

Team Assemblers

25,019

25,125

25,274

25,449

$23,001

Inspectors, Testers, Sorters, Samplers, and Weighers

12,052

12,101

12,179

12,277

$34,354

854

810

776

748

$33,272

General and Operations Managers Computer and Information Systems Managers CONSTRUCTION & EXTRACTION 163,364 | TOTAL WORKERS $34,570 | DF W MEDIAN $39,470 | U.S. MEDIAN

Financial Analysts

INSTALLATION, MAINTENANCE & REPAIR 143,019 | TOTAL WORKERS $40,104 | DF W MEDIAN $41,489 | U.S. MEDIAN

Database Administrators

PRODUCTION 193,992 | TOTAL WORKERS $29,961 | DF W MEDIAN $32,852 | U.S. MEDIAN

TRANSPORTATION & MATERIAL MOVING 242,876 | TOTAL WORKERS $30,904 | DF W MEDIAN $31,051 | U.S. MEDIAN

Mechanical Engineers

Electrical and Electronic Equipment Assemblers

Semiconductor Processors

WORKFORCE, EDUCATION AND TRAINING | WAGES AND SALARIES

KEY OCCUPATIONS IN DFW TARGET INDUSTRIES

SOURCE: EMIS, QCEW Employees, Non-QCEW Employees & Self-Employed - EMSI 2014.3 Class of Worker

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

65


OCCUPATION CLUSTERS The practice of identifying occupation clusters within a local economy is a relatively new approach to regional development. Similar to how industry clusters categorize businesses by what they produce, occupation clusters focus on grouping people with similar skill sets, abilities, and training levels. Analyzing where these clusters are located helps identify potential investment areas and assists businesses seeking specific labor talent.

EXECUTIVES AND MANAGERIAL OCCUPATIONS 75

35E

121

190

287

35W

114 DNT

635 161

30

183 820 30 20 20 20

287

35W

67

45 35E

FINANCIAL OCCUPATIONS 75

The maps shown here represent a sample of occupation clusters within the DallasFort Worth metro area. Each cluster is derived from a sample of occupations that fall within that category. For instance, the Finance cluster would include occupations related to Financial Services such as financial advisors, budget analysts, and loan officers. The Manufacturing and Distribution occupation clusters contain light manufacturing, material movers and assemblers, welders and other general distribution-related jobs. Those with high-tech skill sets such as software developers, mechanical and electrical engineers, and computer system designers comprise the Engineering, IT and Software Developer clusters.

35E

121

190

287

35W

114 DNT

635 161

30

183 820 30 20 20 20

287

35W

67

45 35E

CALL CENTER OCCUPATIONS 75

35E

121

190

287

35W

114 DNT

635 161

30

183 820 30 20 20 20

287

35W

67

45 35E

SOURCE: EMSI

1 DOT EQUALS 25 WORKERS WITHIN EACH OCCUPATION GROUP.

66

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


ENGINEERING OCCUPATIONS

75

35E

75

35E

121

121

190

287

35W

190

114

287

35W

114

DNT

DNT

635

635

161

161

30

183

30

183

820

820 30

30

20

20 20

20

20

20

287

287

35W

67

45

35W

35E

ASSEMBLY AND MANUFACTURING OCCUPATIONS

67

45 35E

IT - COMPUTER OCCUPATIONS

75

35E

75

35E

121

121

190

287

35W

190

114

287

35W

114

DNT

DNT

635

WORKFORCE, EDUCATION AND TRAINING | OCCUPATION CLUSTERS

DISTRIBUTION-LOGISTICS OCCUPATIONS

635

161

161

30

183

30

183

820

820 30

30

20

20 20

20

20

20

287

287

35W

67

45

35W

35E

SKILLED PRODUCTION OCCUPATIONS

67

45 35E

SOFTWARE DEVELOPER OCCUPATIONS 75

35E

75

35E

121

121

190

287

35W

190

114

287

35W

114

DNT

DNT

635

635

161

161

30

183

30

183

820

820 30

30

20

20 20

20

20

20

287

35W

287

67

45 35E

35W

67

45 35E

OCCUPATION GROUPS ARE MAPPED BY PLACE OF WORK AND INDIVIDUAL DOTS ARE RANDOMLY LOCATED WITHIN A PARTICULAR ZIP CODE.

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

67


TRAINING, COLLEGES AND UNIVERSITIES The Dallas–Fort Worth region offers a variety of public and private schools, 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’ seven “emerging research” universities and are currently expanding program capabilities and funding in an effort to become worldclass “tier one” research institutions, which are nationally recognized for the highest levels of innovation and academic excellence. UT Southwestern Medical Center is among the nation’s best in biology and biochemistry research, boasting countless clinical breakthroughs and innovations.

HIGHER EDUCATION

A WIDE ARRAY OF UNIVERSITIES AND COLLEGES ATTRACT STUDENTS FROM ALL OVER THE WORLD.

Denton 4 1

35W

SKILLS DEVELOPMENT FUND

114 81

This successful State grant program offers businesses, consortium of businesses, or trade unions an opportunity to identify a training need and then partner with a public community or technical college to fill its specific needs. 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.

Grape

199

820

Weatherford 30

20

Fort Worth

2

9 7

Arlington 20

INSTITUTIONS OF HIGHER LEARNING

377

287

Below is a sample of other institutions of higher learning in Dallas–Fort Worth. Bethel University Grand Canyon University Kaplan College Le Cordon Bleu Institute of Culinary Arts LeTourneau University National University Ogle School-Dallas Parker University Platt College Texas Barber Colleges and Hairstyling Schools University of Phoenix West Coast University

68

D A L L A S ECONOMIC DEVELOPMENT G U I D E

35W

Private University Public University Community College

SOURCE:

Texas Higher Education Coordinating Board

2015


UNIVERSITY

75 121

35E

2014 ENROLLMENT

1 University of North Texas (UNT) - Denton

36,216

2 The University of Texas at Arlington (UTA)

34,899

3 The University of Texas at Dallas (UTD)

23,095

4 Texas Woman’s University (TWU)

15,075

5 Southern Methodist University (SMU)

12,321

6 Texas A&M University (TAMUC) - Commerce

11,272

7 Texas Christian University (TCU)

10,033

8 Dallas Baptist University (DBU)

5,445

9 Texas Wesleyan University (TWU)

2,606

10 University of Dallas (UD)

2,545

11 University of North Texas (UNT) - Dallas

2,575

12 UT Southwestern Medical Center (UTSW)

1,844

Plano

Lewisville

78

190 3

evine

Richardson

66

Garland 635

360

Irving

12

30

5

10

183

12

80

Dallas

Mesquite

175

Terrell

6

WORKFORCE, EDUCATION AND TRAINING | TRAINING, COLLEGES AND UNIVERSITIES

MAJOR UNIVERSITIES

8

20 11

67

DeSoto

Lancaster

45

35E

COMMUNITY COLLEGE DISTRICTS INSTITUTION Dallas County Community College District

72,595

Tarrant County College District

50,628

Collin County Community College District

27,972

North Central Texas Community College District

10,335

Navarro College

10,257

Trinity Valley Community College

6,752

Weatherford College

5,636

DFW Total Community College Students

2015

2014 ENROLLMENT

184,175

D A L L A S ECONOMIC DEVELOPMENT G U I D E

69


ENROLLMENT AND DEGREES AWARDED

ASSOCIATES

BACHELORS

MASTERS

70

409

11 26

74 17

37 765

25 580

408 1,900 26 1 2 1

70

42

113 610 743 254 16 433

387 434

547

30

101

77 81 227 18

604 1

32

S OR EL BA

CH

CI SO

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 Service

25

55 113 7 1,371 5,151 1,213 477

12 92 12 310 5,583 88 71 726

315 905 117 633 203 370 3,328 481 691

2,293 870 203 90 51 46 1,618 65 76

11 1,031 18 34 514 8 323 8 366 1 41 23 1,696 420

SOURCE: National Center for Education Statistics, 2014

P B OS CE AC TRT CA IF L A I C UR AT E E AT E DO CT OR AT E

153

RS

959 1,114 3

AREA OF STUDY

D A L L A S ECONOMIC DEVELOPMENT G U I D E

21

5,714 69

AT E

BY AREA OF STUDY

26

684

AS

DEGREES AWARDED 2012-2013 IN DFW

DOCTORATE

9

TE

1,403 218 453 241 223 38 12,319 280 6,676 27,964 949 467 256 323 5,422 205 311 83,744 177 245 2,034 4,368 14,529 10,771 2,723 134 1,665 22 919 165 877 900 145 46 8,797 544 10,286 11,365 716 881

AS

Amberton University Anthem College-Irving Argosy University-Dallas Arlington Baptist College Arlington Career Institute Arlington Medical Institute Brookhaven College Brown Mackie College-Dallas Cedar Valley College Collin County Community College District Concorde Career College-Grand Prairie Concorde Career Institute-Dallas Court Reporting Institute of Dallas Criswell College Dallas Baptist University Dallas Barber & Stylist College Dallas Christian College Dallas County Community College District Dallas Institute of Funeral Service Dallas Nursing Institute Dallas Theological Seminary DeVry University-Texas Eastfield College El Centro College Everest College (4 locations) Golf Academy of America-Farmers Branch ITT Technical Institute (3 locations) Iverson Business School Kaplan College (3 locations) KD College Conservatory of Film and Dramatic Arts Le Cordon Bleu College of Culinary Arts-Dallas Lincoln College of Technology-Grand Prairie MediaTech Institute-Dallas Metroplex Beauty School Mountain View College National American University (3 locations) Navarro College North Lake College Northwood University-Texas Ogle School Hair Skin Nails (6 locations)

M

2013 ESTIMATED TOTAL ENROLLMENT

INSTITUTION

S

WORKFORCE, EDUCATION AND TRAINING | TRAINING, COLLEGES AND UNIVERSITIES

DFW HIGHER EDUCATION INSTITUTIONS

3 10 292 2 70 32 131 5 7 28

108 61

38 143 111 3 34 4 9 804 13

3

2015


ASSOCIATES

920 188 243 77 162 905 413 19,287 593 1,428 356 10,929 807 1,978 207 50,981 11,593 9,925 2,614 14,763 182 208 75 33,329 21,180 312 188 5,172 1,006 2,598 37,771 2,149 1,281 2,380 295 220 5,718 317

2015

DOCTORATE 137

16

137 36 1,551 62 143 14

190 17 1,617 134 318 3

2 207 30 4,059

2 1,522 14 99

323

1,528 1,841 296 1,926

1,607 454 209 1,652

73 64 176 175

6,244 2,761

2,984 2,548

149 184

283 6,365

362 1,893 360 74 89

8 212 222

111 5

S

16 32 12 2 4 157 3 344

275 2,640 40 694 22 103 225 1,270 419 1,541 322 18 1,486

TE AS M

52 1,057

17 491

RS

OR EL BA

CH

CI SO

247 9,305 6 4 134 -

348

29

83 190 532 88

P B OS CE AC TRT CA IF L A I C UR AT E E AT E DO CT OR AT E

88 603

AT E

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

MASTERS

9

AS

AREA OF STUDY

BACHELORS 157

S

Parker University Paul Mitchell the School-Arlington Paul Quinn College Platt College-Dallas Regency Beauty Institute Remington College-Dallas Campus Remington College-Fort Worth Campus Richland College Sanford-Brown College-Dallas South University-The Art Institute of Dallas South University-The Art Institute of Fort Worth Southern Methodist University Southwestern Adventist University Southwestern Assemblies of God University Southwestern Christian College Tarrant County College District Texas A & M University-Commerce Texas Christian University Texas Wesleyan University Texas Woman’s University The College of Health Care Professions-Dallas The College of Health Care Professions-Fort Worth The Salon Professional Academy-Lewisville The University of Texas at Arlington The University of Texas at Dallas Tint School of Makeup and Cosmetology (3 locations) Toni & Guy Hairdressing Academy-Carrollton Trinity Valley Community College Universal Technical Institute - Dallas Fort Worth University of Dallas University of North Texas University of North Texas Health Science Center University of Phoenix-Dallas Campus University of Texas Southwestern Medical Center Utah College of Massage Therapy-Dallas Wade College Weatherford College West Coast University-Dallas Westwood College-Dallas Westwood College-Ft Worth

2013 ESTIMATED TOTAL ENROLLMENT

64 -

437 15 2 36

285 23 123

73 6

12 5 4

14 103

10

8 68

538 453

6

80 36

225 616

15 44

42 45

348

31

30

WORKFORCE, EDUCATION AND TRAINING | TRAINING, COLLEGES AND UNIVERSITIES

INSTITUTION

TOTAL: ASSOCIATES: 15,293 BACHELORS: 25,594 MASTERS: 15,827 POSTBACCALAUREATE CERTIFICATE: 832 DOCTORATE: 2,148

D A L L A S ECONOMIC DEVELOPMENT G U I D E

71


ECONOMIC FORECAST The Metroplex economy continues to be a key driver of business activity in the state. The area’s business complex is diverse, including concentrations in corporate headquarters, logistics, technology and more. The Perryman Group’s most recent projections indicate expansion in the region at a rate exceeding most areas. Dallas-Fort Worth and the surrounding area remains one of the best-performing economic regions, a pattern expected to continue through the next fi ve years.

OUTLOOK FOR DALLAS-PLANO-IRVING MD  Economic Indicators 2014 - 2019 KEY INDICATOR

2014 LEVEL

2019 LEVEL

GROWTH RATE*

INCREASE

REAL GROSS PRODUCT*

$330.232 billion

$408.936 billion

4.37%

$78.704 billion

POPULATION

4.601 million

5.033 million

1.81%

431,646

WAGE & SALARY EMPLOYMENT

2.350 million

2.634 million

2.31%

283.894

REAL PERSONAL INCOME*

$215.787 billion

$269.229 billion

4.52%

$53.442 billion

REAL RETAIL SALES*

$76.948 billion

$96.414 billion

4.61%

$19.466 billion

33,610

39,042

3.04%

5,433

HOUSING PERMITS

OUTLOOK FOR FORT WORTH-ARLINGTON MD  Economic Indicators 2014 - 2019 KEY INDICATOR

2014 LEVEL

2019 LEVEL

GROWTH RATE*

INCREASE

REAL GROSS PRODUCT*

$116.093 billion

$143.760 billion

4.37%

$27.667 billion

POPULATION

2.353 million

2.543 million

1.56%

189,856

WAGE & SALARY EMPLOYMENT

1.007 million

1.122 million

2.19%

115,137

REAL PERSONAL INCOME*

$97.455 billion

$120.734 billion

4.38%

$23.279 billion

REAL RETAIL SALES*

$36.016 billion

$44.883 billion

4.50%

$8.868 billion

9,988

11,639

3.11%

1,650

HOUSING PERMITS

*Compound annual growth rate, meaning that it reflects changes in the base from which growth is calculated. Real Gross Product and Real Retail Sales are computed in 2009 dollars. Real Personal Income by place of residence, in 2009 dollars.

TOTAL REAL GROSS PRODUCT ( DALLAS-FORT WORTH-ARLINGTON MSA)

MILLIONS OF 2009 DOLLARS

$600,000

$500,000

$400,000

$300,000

72

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2001

SOURCE: The Perryman Group

2003

2005

2007

2009

2011

2013

2015

2017

2019

2015


THE ECONOMY | ECONOMIC FORECAST

KEY INDICATORS DALLAS-FORT WORTH- ARLINGTON MSA

WAGE & SALARY EMPLOYMENT

REAL RETAIL SALES

4000

$150,000

MILLIONS OF 2009 DOLLARS

THOUSANDS OF PERSONS

3500

3000

2500

2000

$120,000

$90,000 2001

2003

2005

2007

2009

2011

2013

2015

2017

2019

2001

REAL PERSONAL INCOME ( RESIDENCE ) *

2003

2005

2007

2009

2011

2013

2015

2017

2019

2005

2007

2009

2011

2013

2015

2017

2019

HOUSING PERMITS

80,000

$500,000

$400,000 NUMBER OF PERMITS

MILLIONS OF 2009 DOLLARS

70,000

$300,000

60,000 50,000 40,000

$200,000

30,000 $100,000

20,000 2001

2003

2005

2007

2009

2011

2013

2015

2017

2019

2001

2003

POPULATION

THOUSANDS OF PERSONS

8,000 7,000 6,000 5,000 4,000 3,000 2,000 2001

2015

2003

2005

2007

2009

2011

2013

2015

2017

2019

D A L L A S ECONOMIC DEVELOPMENT G U I D E

73


GLOBAL TRADE Texas is the largest exporter in the United States, with 15 percent of the state’s merchandise exports coming from the Dallas–Fort Worth region. As a metropolitan area, Dallas–Fort Worth is the fifth-largest global exporter in the country, with computer and electronics goods accounting for 26.5 percent of exports.

DFW TRADE AROUND THE WORLD 2012 TOP TRADING PARTNERS–DFW TRADE DISTRICT

CANADA $4.0 BILLION

3.3% EXPORTS 96.7% IMPORTS

34.2% EXPORTS 65.8% IMPORTS

UNITED KINGDOM $2.2 BILLION

DFW TRADE Total Value of Goods in U.S. Dollars

$72.5 BILLION 25.9% EXPORTS 74.1% IMPORTS

EXPORT NATION The Dallas metropolitan area accounted for 12.3% of merchandise exports from Texas in 2013. Dallas benefited from existing trade agreements, exporting $9.9 billion to the NAFTA region and $387 million to the CAFTA-DR region. 35.7% of the merchandise exports from Dallas go to NAFTA countries. The latest data available (2011) indicates that 8,041 companies exported goods from the Dallas metropolitan area. Of those, 7,093 were small- or medium-sized exporters (SMEs) with fewer than 500 employees.

FREE TRADE AGREEMENTS

Texas is the largest exporter in the United States, with 15 percent of the state’s merchandise exports coming from the Dallas–Fort Worth region. As a metropolitan area, Dallas–Fort NAFTA COUNTRIESWorth is the fifth-largest global exporter in the T-TIP COUNTRIES country, with computer and electronics CAFTA-DR COUNTRIES goods accounting for 16.4 percent of exports. ALL OTHER COUNTRIES

The region’s largest trading partner is China, with more than 172 billion tons of imported and exported goods valued at $16.3 billion. On the basis of exports only, DFW was number 11 in the country, with sales of $22.5 billion. The biggest destination for goods exported from Dallas is Canada, followed by Mexico and China. The North American Free Trade NAFTA Agreement, or NAFTA, was a key driver Countries for DFW, accounting for $6.7 billion—or 30 percent—of the area’s merchandise exports.

TRADE VALUE (IN BILLIONS)

% OF DFW EXPORT

$9.9 $4.7 $0.4 $13.0

36% 17% 1% 46%

PERCENT OF DALLAS-FORT WORTH EXPORTS TO FTA DESTINATIONS

46%

36%

CAFTA

All Other Countries

All oth

17%

T-TIP Countries

T-TIP C

1%

CAFTA-DR Countries

74

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: US International Trade Administration, 2014

2015

NAFTA


48.9% EXPORTS 51.2% IMPORTS

GERMANY $1.9 BILLION

CHINA $27.5 BILLION

4.5% EXPORTS 95.5% IMPORTS

30.8% EXPORTS 69.2% IMPORTS

TRADE DEFICIT

SOUTH KOREA $8.4 BILLION TAIWAN $3.4 BILLION

TRADE SURPLUS

SINGAPORE $1.9 BILLION

MALAYSIA $2.8 BILLION

THAILAND $2.0 BILLION

67.0% EXPORTS 33.0% IMPORTS

JAPAN $4.2 BILLION

THE ECONOMY | GLOBAL TRADE

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, Tulsa. However, the DFW region represents 97% of the total value of goods traded in the entire trade district.

39.7% EXPORTS 60.3% IMPORTS

52.6% EXPORTS 47.4% IMPORTS

25.5% EXPORTS 74.6% IMPORTS

26.5% EXPORTS 73.6% IMPORTS

DFW TRADE WITH NAFTA COUNTRIES

TRADE SECTORS TRADE VALUE (IN BILLIONS)

% OF DFW EXPORT

MEXICO $1,203.8 MILLION

40.8% EXPORTS 59.2% IMPORTS

CANADA $3,966.4 MILLION

3.3% EXPORTS 96.7% IMPORTS

COMPUTER AND ELECTRONIC PRODUCTS

$7.3

26.5%

TRANSPORTATION EQUIPMENT

$4.8

17.2%

MACHINERY, EXCEPT ELECTRICAL

$3.7

13.6%

DFW TRADE WITH BRIC COUNTRIES

CHEMICALS

$3.4

12.1%

MISCELLANEOUS MANUFACTURED COMMODITIES

$1.6

5.9%

BRAZIL $342.5 MILLION

61.4% EXPORTS 38.6% IMPORTS

RUSSIA $97.6 MILLION

90.2% EXPORTS 9.8% IMPORTS

INDIA $828.6 MILLION

30.4% EXPORTS 69.6% IMPORTS

CHINA $27,474.8 MILLION

4.5% EXPORTS 95.5% IMPORTS

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

75


ACCOLADES Dallas–Fort Worth is one of the top regions in the nation for business, thanks to a low cost of living, a business-friendly environment, a strong base of welleducated and skilled employees and robust access to both U.S. and world markets through its transportation network. But don’t take our word for it. Year after year, the region’s selling points are lauded by prestigious business experts at publications such as Bloomberg Businessweek, Forbes, Fortune and Site Selection. And 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 among the top places to work, the best places to live and the best places for investment.

COMPANIES

18 FORTUNE AND 5 GLOBAL 500 COMPANIES

172 COMPANIES IN THE INC 5000 LIVING

MONEY MAGAZINE’S BEST PLACES TO LIVE

McKINNEY (# 1), MANSFIELD (#17)

#1 HIGH SCHOOL IN THE U.S. SCHOOL FOR THE TALENTED AND GIFTED AT YVONNE A. EWELL TOWNVIEW CENTER — U.S. NEWS AND WORLD REPORT

INDUSTRY

DFW – TOP 5 METRO IN JOB GROWTH – U.S. BUREAU OF LABOR STATISTICS

6TH LARGEST CONCENTRATION OF

HIGH-TECH WORKERS IN THE U.S.

BLUE-COLLAR HOT SPOTS: THE CITIES CREATING THE MOST HIGH-PAYING WORKING-CLASS JOBS DFW #8 – FORBES 76

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015 FORBES FASTEST GROWING CITIES (METRO AREAS):

DALLAS #3; FORT WORTH #8

AMERICA’S NEW BRAINPOWER CITIES DFW IN TOP 15 – NEW GEOGRAPHY

AMERICA’S COOLEST CITIES 2014 DALLAS #10 – FORBES

FORBES BEST BUY CITIES:

WHERE TO INVEST IN HOUSING IN 2015 DALLAS #5; FORT WORTH #10

2015


GLOBAL

CEOs NAME TEXAS BEST STATE FOR BUSINESS FOR 10TH YEAR IN A ROW

TEXAS #1

TEXAS ELECTRIC GRID RANKS

12 CONSECUTIVE YEARS, DFW RANKED 9TH IN U.S. FOR EXPORTS

– CEO MAGAZINE

NO. 1 IN– GRIDWISE THEALLIANCE COUNTRY

DFW A TOP 10 BEST PERFORMING CITIES FOR 2014 – MILKEN INSTITUTE

DALLAS IS THE BEST PLACE FOR STARTUPS

IN EXPORTS

THE ECONOMY | ACCOLADES

DOING BUSINESS

ALLIANCE TEXAS:

#1 FREE TRADE ZONE IN THE NATION FOR 5 OUT OF THE LAST 6 YEARS

DALLAS A MAGNET FOR FOREIGN STUDENTS, MANY WITH STEM SKILLS – BROOKINGS

– U.S. CHAMBER OF COMMERCE FOUNDATION

DALLAS #1

GREAT CITIES FOR STARTING A BUSINESS – KIPLINGER

TEXAS ONE OF THE TOP 10 STATES FOR LOWEST OVERALL TAX BURDEN – THE TAX FOUNDATION

2015

REAL ESTATE

2015 FORECAST: DFW WILL BE AMONG TOP REAL ESTATE MARKETS – URBAN LAND INSTITUTE

DFW IS ONE OF THE TOP MARKETS NATIONALLY FOR APARTMENT CONSTRUCTION

– AXIOMETRICS D A L L A S ECONOMIC DEVELOPMENT G U I D E

77


ECONOMIC METRO-TO-METRO COMPARISONS Companies examine many different variables when choosing the part of the country in which they wish to locate. The Dallas–Fort Worth metropolitan area excels when compared economically to other major metro areas around the country. The low unemployment rate, growing labor force and low cost of living make it a prime destination for companies of all sizes. The absence of a state corporate income tax in Texas and the affordable real estate costs in the DFW region are very attractive to companies wishing to minimize operational costs.

DALLAS-FORT WORTH

ATLANTA

Unemployment Rate (Nov. 2014) 4.6% Employment (Nov. 2014) 3,322,269 Labor Force (Nov. 2014) 3,481,433 State Corporate Income Tax Rate (2014) None CPI (Q4 2014) 219.38 COLI (2014 annual) 95.8(DAL), 99.7 (FW) Personal Income per capita (2013) $46,989

Unemployment Rate (Nov. 2014) 6.5% Employment (Nov. 2014) 2,556,797 Labor Force (Nov. 2014) 2,733,398 State Corporate Income Tax Rate (2014) 6.0% CPI (Q4 2014) 221.276 COLI (2014 annual) 99.6 Personal Income per capita (2013) $41,307

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

22,639 18,130

Single-family Multi-family

COMMERCIAL REAL ESTATE OFFICE (3Q 2014)

18.4% $20.68

Total Vacancy Avg. Asking Lease Rate

16,936 9,496

Single-family Multi-family

COMMERCIAL REAL ESTATE OFFICE (3Q 2014)

19.7% $20.77

Total Vacancy Avg. Asking Lease Rate

HOUSTON

LOS ANGELES

Unemployment Rate (Nov. 2014) 4.5% Employment (Nov. 2014) 3,067,749 Labor Force (Nov. 2014) 3,213,677 State Corporate Income Tax Rate (2014) None CPI (Q4 2014) 214.791 COLI (2014 annual) 99.0 Personal Income per capita (2013) $51,930

Unemployment Rate (Nov. 2014) 7.2% Employment (Nov. 2014) 6,181,107 Labor Force (Nov. 2014) 6,662,361 State Corporate Income Tax Rate (2014) 8.84% CPI (Q4 2014) 243.341 COLI (2014 annual) 135.1 Personal Income per capita (2013) $48,425

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

Single-family Multi-family

38,319 25,428

COMMERCIAL REAL ESTATE OFFICE (4Q 2013) Total Vacancy Avg. Asking Lease Rate

11.6% $25.79

8,152 18,699

Single-family Multi-family

COMMERCIAL REAL ESTATE OFFICE (3Q 2014)

16.5% $2.67 FSG

Total Vacancy Avg. Asking Lease Rate

NEW YORK PHILADELPHIA

CHICAGO

SAN FRANCISCO

DENVER

CHARLOTTE LOS ANGELES SAN DIEGO

ATLANTA

PHOENIX DALLAS-FORT WORTH

HOUSTON

78

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


CHICAGO

DENVER

Unemployment Rate (Nov. 2014) 5.4% Employment (Nov. 2014) 874,469 Labor Force (Nov. 2014) 924,394 State Corporate Income Tax Rate (2014) 6.0% CPI (Q4 2014) *231.519 COLI (2014 annual) 95.0 Personal Income per capita (2013) $41,645

Unemployment Rate (Nov. 2014) 5.8% Employment (Nov. 2014) 4,613,658 Labor Force (Nov. 2014) 4,897,606 State Corporate Income Tax Rate (2014) 9.5% CPI (Q4 2014) 228.987 COLI (2014 annual) 116.7 Personal Income per capita (2013) $49,071

Unemployment Rate (Nov. 2014) 3.9% Employment (Nov. 2014) 1,405,237 Labor Force (Nov. 2014) 1,462,217 State Corporate Income Tax Rate (2014) 4.63% CPI (Q4 2014) 229.142 COLI (2014 annual) 107.5 Personal Income per capita (2013) $51,946

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

Single-family Multi-family

11,157 6,655

COMMERCIAL REAL ESTATE OFFICE (3Q 2014) Total Vacancy Avg. Asking Lease Rate

7,773 7,980

Single-family Multi-family COMMERCIAL REAL ESTATE OFFICE (3Q 2014)

11.8% $20.46

Total Vacancy Avg. Asking Lease Rate

8,055 7,779

Single-family Multi-family COMMERCIAL REAL ESTATE OFFICE (4Q 2013)

13.1% $34.74

Total Vacancy Avg. Asking Lease Rate

12.5% $23.15

NEW YORK

PHILADELPHIA

PHOENIX

Unemployment Rate (Nov. 2014) 5.8% Employment (Nov. 2014) 9,033,398 Labor Force (Nov. 2014) 9,591,747 State Corporate Income Tax Rate (2014) 7.1% CPI (Q4 2014) 260.5 COLI (2014 annual) 222.6 Personal Income per capita (2013) $59,246

Unemployment Rate (Nov. 2014) 8.9% Employment (Nov. 2014) 2,698,948 Labor Force (Nov. 2014) 2,961,255 State Corporate Income Tax Rate (2014) 9.99% CPI (Q4 2014) 227.072 COLI (2014 annual) 119.5 Personal Income per capita (2013) $45,565

Unemployment Rate (Nov. 2014) 5.9% Employment (Nov. 2014) 2,009,404 Labor Force (Nov. 2014) 2,135,879 State Corporate Income Tax Rate (2014) 6.50% CPI (Q4 2014) *229.845 COLI (2014 annual) 96.2 Personal Income per capita (2013) $38,745

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

Single-family Multi-family

11,296 36,113

COMMERCIAL REAL ESTATE OFFICE (3Q 2014) Total Vacancy Avg. Asking Lease Rate

6,069 6,673

Single-family Multi-family COMMERCIAL REAL ESTATE OFFICE (3Q 2014)

8.9% $51.08

Total Vacancy Avg. Asking Lease Rate

SAN FRANCISCO

Unemployment Rate (Nov. 2014) 5.8% Employment (Nov. 2014) 1,526,069 Labor Force (Nov. 2014) 1,620,100 State Corporate Income Tax Rate (2014) 8.84% CPI (Q4 2014) 265.251 COLI (2014 annual) 135.4 Personal Income per capita (2013) $51,384

Unemployment Rate (Nov. 2014) 5.0% Employment (Nov. 2014) 2,295,207 Labor Force (Nov. 2014) 2,416,229 State Corporate Income Tax Rate (2014) 8.84% CPI (Q4 2014) 254.503 COLI (2014 annual) 167.5 Personal Income per capita (2013) $69,127

RESIDENTIAL PERMITS (2014 ANNUAL)

RESIDENTIAL PERMITS (2014 ANNUAL)

2,478 4,393

COMMERCIAL REAL ESTATE OFFICE (3Q 2014) Total Vacancy Avg. Asking Lease Rate

2015

13.2% $2.39 FSG

3,712 6,284

Single-family Multi-family COMMERCIAL REAL ESTATE OFFICE (3Q 2014) Total Vacancy Avg. Asking Lease Rate

11,692 8,660

COMMERCIAL REAL ESTATE OFFICE (3Q 2014)

17.8% $24.08

SAN DIEGO

Single-family Multi-family

Single-family Multi-family

THE ECONOMY | ECONOMIC METRO-TO-METRO COMPARISONS

CHARLOTTE

6.6% $63.24

Total Vacancy Avg. Asking Lease Rate

21.7% $21.21

Sources: Bureau of Labor Statistics, ACCRA Cost of Living Index, CBRE, RECON, BEA CPI (base 1982-84 = 100) Nov 2014 *Austin, Charlotte and Phoenix CPI data is not avilable at the MSA level. Figure reflects population-based South Urban regional data.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

79


MAJOR COMPANIES AND HEADQUARTERS Dallas–Fort Worth has been a magnet for corporate headquarters and major company operations, attracting 18 Fortune 500 company headquarters and nearly 40 headquarters among the Fortune 1000. A diverse group of household names such as ExxonMobil Corp., Texas Instruments, AT&T, American Airlines Inc., JCPenney Corp. Inc., Kimberly-Clark Corp. and Fluor Corp. call the region home, reflecting the area’s strong fundamentals when it comes to workforce, access and cost of doing business. DFW’s corporate powerhouse companies are distributed throughout the region, an indication of its strength and the 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, pulling from a variety of industries so that growth is possible even during weak business cycles.

80

D A L L A S ECONOMIC DEVELOPMENT G U I D E

A CRITICAL MASS OF HEADQUARTERS AND MAJOR COMPANY OPERATIONS

DFW AND TEXAS CONSISTENTLY RANK AS LOW-COST, LOW-TAX AND HIGHQUALITY CORPORATE ENVIRONMENTS. BELOW ARE JUST A FEW OF THE COMPANIES THAT CALL DFW HOME.

MANUFACTURING Alcon Laboratories American Eurocopter Atrium Bell Helicopter BlackBerry Builders Firstsource, Inc Celanese Corporation Commercial Metals Dal-Tile Corporation Dallas Airmotive, Inc Dean Foods Diodes, Inc Dr Pepper Snapple Group, Inc Essilor of America, Inc Flowserve Corporation Frito-Lay Inc Fujitsu Network Communications Furmanite Corporation General Electric General Motors GKN Aerospace Greatbatch, Inc Interstate Battery System of America, Inc Kimberly-Clark Kronos Worldwide, Inc Lennox International, Inc Lockheed Martin Madix Miller Coors Mission Foods NCH Corporation Occidental Chemical Corporation Peterbilt Motors Poly-America Raytheon STMicroelectronics NA Holding, Inc Texas Industries, Inc Texas Instruments Titanium Metals Corporation Trinity Industries, Inc Triumph Aerostructures TXI Williamson-Dickie Manufacturing

CONSTRUCTION Andres Construction Services LLC Austin Industries Balfour Beatty Construction US The Beck Group Carter & Burgess, Inc Centex Corporation D R Horton, Inc Entact LLC Fluor Corporation Hollman, Inc Hunt Construction Group Kiewit Corporation Lehigh Hanson Company Rogers-O’Brien Construction Manhattan Construction MEDCO Construction Parkway Constuction & Associates Pogue Construction Primoris Services Corp TD Industries, Inc Thos S Byrne Ltd Turner Construction VCC LLC

HOSPITALITY Ben E Keith Company Brinker International, Inc Carlson Restaurants CEC Entertainment ClubCorp Holdings, Inc Dave & Buster’s Fiesta Restaurant Group Frito-Lay North America, Inc Glazer’s Distibutors Hilton Reservations Worldwide Hotels.com LQ Management LLLC LSG Sky Chefs USA, Inc NYLO Hotels Omni Hotels Pizza Hut, Inc Silverleaf Resorts, Inc Six Flags Entertainment Park Taco Bueno Company Vasari, LLC

2015


ACE Cash Express Alliance Data Systems Corporation Allstate Americredit Corp AT&T BancTec Bank of America Carter & Burgess, Inc Cash America International, Inc Comerica Compucom Systems, Inc Cyrusone LLC Deloitte & Touche LLP Dell Services FedEX Office First Cash Financial Services, Inc HKS, Inc HP Enterprise Services Huawei Technologies Integrated Systems KPMG L-3 Communications Lincoln Property Company McAfee Mosaic Sales Solutions Moneygram International, Inc PFSweb PriceWaterhouseCoopers LLP Primoris Services Sabre Corporation Safety-Kleen Sammons Enterprises, Inc Source HOV Sun Holdings, LLC Supermedia Xerox Business Services

TRANSPORTATION American Airlines Group, Inc BNSF Frozen Food Express Industries, Inc MV Transportation Neovia Logistics Southwest Airlines Company Stevens Transport, Inc Toyota North America Trinity Industries

2015

TRADE AND SERVICES 7-Eleven, Inc Amerisource Bergen Specialty Group Aviall, Inc Brinker International, Inc Cinemark Holdings, Inc Consolidated Electrical Distributors, Inc The Container Store Group, Inc Copart USA Ennis, Inc Fossil Group, Inc Freeman Corporation Gamestop Corp Half Price Books, Records, Magazines, Inc JC Penney Company, Inc Lennox International, Inc Mary Kay, Inc Mattress Giant Corporation MetroPCS Mexico Foods LLC The Michaels Companies, Inc Minyard Food Stores Neiman Marcus Group LTD LLC Nokia-Siemens Pier 1 Imports, Inc Radioshack Corporation Rent-A-Center Sally Beauty Holdings Sewell Village Cadillac Company Speed Commerce, Inc Tandy Leather Company, LP Torchmark Corporation Tuesday Morning Valhli, Inc Zale Corporation

ENERGY Alon USA Energy, Inc Approach Resources, Inc Atmos Energy Corporation Basic Energy Services, Inc Bass Enterprises Production Co Comstock Resources, Inc CrossTex Energy Denbury Resources, Inc Dresser Energy Future Holdings Corp Energy Transfer Equity, LP EnLink Midstream Partners, LP Exco Resources, Inc ExxonMobil Harbison-Fischer, Inc HollyFrontier Corporation Hunt Oil USA, Inc Matador Resource Company The North American Coal Company Oncor Electric Delivery Co, LLC Pioneer Natural Resources Company Quicksilver Resources, Inc Range Reosurces Regency Energy Partners, LP RSP Permian, Inc

THE BUSINESS COMMUNITY | MAJOR COMPANIES AND HEADQUARTERS

PROFESSIONAL & BUSINESS SERVICES

HEALTH CARE Baylor Scott & White Health Carecycle Solutions, LLC CHRISTUS Health Concentra Health Services Golden Living HCA Health Services of Texas HMS Holdings Home Care Services Lone Star HMA, LP Odyssey Healthcare, Inc Outreach Health Services Tenet Healthcare Corporation Texas Health Resources USP International Holdings, Inc

D A L L A S ECONOMIC DEVELOPMENT G U I D E

881 1


THE BUSINESS COMMUNITY | MAJOR COMPANIES AND HEADQUARTERS 82

TOP EMPLOYERS

UNIVERSITY OF TEXAS AT ARLINGTON

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.

10,001+ EMPLOYEES

Education

uta.edu

VERIZON COMMUNICATIONS

Telecommunications

verizon.com

WELLS FARGO

Financial Services

wellsfargo.com

2,501-5,000 EMPLOYEES AIR LIQUIDE ELECTRONICS US

Manufacturing

us.airliquide.com

AIR METHODS CORPORATION

Air Transportation

airmethods.com

ALLSTATE

Insurance

allstate.com

ANDERSON MERCHANDISERS

Business Services

andersonmediacorp.com

AMERICAN AIRLINES GROUP

Transportation

aa.com

AT&T, INC

Telecommunications

att.com

ARMY & AIR FORCE EXCHANGE SERVICE

Government

aafes.com

BANK OF AMERICA NA

Financial Services

bankofamerica.com

ASSOCIATES FIRST CAPITAL CORPORATION

Financial Services

citigroup.com

BAYLOR SCOTT & WHITE HEALTH

Healthcare

baylorscottandwhite.com

atcle.com

Healthcare

hcahealthcare.com

ATC LOGISTICS AND ELECTRONICS

Logistics

HCA NORTH TEXAS JPMORGAN CHASE & CO

Financial Services

chase.com

KROGER

Supermarket

kroger.com

LOCKHEED MARTIN AERONAUTICS CO

Manufacturing

lockheedmartin.com

NAVAL AIR STATION

Defense

navy.mil/local/nasjrbfw

TEXAS HEALTH RESOURCES

Healthcare

texashealth.org

TEXAS INSTRUMENTS, INC

Manufacturing

ti.com

US POSTAL SERVICE

Government

usps.com

UT SOUTHWESTERN

Healthcare

swmed.edu

WALMART STORES, INC

Warehouse Club and Supercenters

walmartstores.com

5,001-10,000 EMPLOYEES

BELO CORP

Broadcasting

belo.com

BNSF RAILWAY CO

Logistics

bnsf.com

BRINKER INTERNATIONAL, INC

Restaurants

brinker.com

CAPITAL ONE FINANCIAL CORP

Financial Services

capitalone.com

CISCO SYSTEMS, INC

Manufacturing

cisco.com

CLUBCORP USA, INC

Membership Sports and Recreation Clubs

clubcorp.com

CONCENTRA HEALTH SERVICES

Healthcare

concentra.com

CVS/CAREMARK CORP

Pharmacies

cvs.com

DALLAS AREA RAPID TRANSIT

Transportation

dart.org

DELL SERVICES

Professional Services

dell.com

DILLARD’S, INC

Department Stores

dillards.com

ALBERTSON’S, LLC

Supermarket

albertsonsmarket.com

BELL HELICOPTER TEXTRON, INC

Manufacturing

bellhelicopter.com

CHILDREN’S MEDICAL CENTER DALLAS

Healthcare

childrens.com

CITIGROUP, INC

Financial Services

citigroup.com

COOK CHILDREN’S HEALTH CARE SYSTEM

FEDEX OFFICE

Couriers

fedex.com

Healthcare

cookchildrens.org

HITACHI CONSULTING

Professional Services

hitachiconsulting.com

DALLAS COUNTY COMMUNITY COLLEGE DISTRICT

HUMANA, INC.

Healthcare

humana.com

Education

dcccd.edu

JC PENNEY COMPANY, INC

Department Stores

jcpenney.com

DAL-TILE CORP

Manufacturing

daltile.com

JPS HEALTH NETWORK

Healthcare

jpshealthnet.org

ENERGY FUTURE HOLDINGS CORP

Utilities

energyfutureholdings. com

LOCKHEED MARTIN MISSILES AND FIRE CONTROL

Manufacturing

lockheedmartin.com

FIDELITY INVESTMENTS

Financial Services

fidelity.com

HOME DEPOT USA, INC

Department Stores

homedepot.com

IBM

Professional Services

ibm.com

HP ENTERPRISE SERVICES, LLC

Professional Services

hp.com

L-3 COMMUNICATIONS CORP

Manufacturing

l-3com.com

LOWE’S COMPANIES, INC

Home Centers

lowes.com

METHODIST HEALTH SYSTEM

Healthcare

methodisthealthsystem. org

PARKLAND HOSPITAL

Healthcare

parklandhospital.com

RAYTHEON CO

Manufacturing

raytheon.com

SOUTHWEST AIRLINES CO

Transportation

southwest.com

STATE FARM INSURANCE

Financial Services

statefarm.com

TARGET CORP

Department Stores

target.com

TARRANT COUNTY HOSPITAL DISTRICT

Hospitals

TOM THUMB FOOD & PHARMACY

ERICSSON, INC

Telecommunications

ericsson.com

FALCON PHARMACEUTICALS

Manufacturing

falconpharma.com

FEDERAL AVIATION ADMINISTRATION

Transportation

faa.gov

MACY’S

Department Stores

macys.com

NEIMAN MARCUS, INC

Department Stores

neimanmarcus.com

NOKIA CORP.

Manufacturing

nokia.com

ODYSSEY HEALTHCARE, INC

Skilled Nursing Care Facilities

odysseyhc.com

PEROT SYSTEMS CORP

Professional Services

ps.net

PIZZA HUT, INC.

Restaurants

pizzahut.com

PRESBYTERIAN HOSPITAL OF DALLAS

Healthcare

texashealth.org

SABRE HOLDINGS CORP

Professional Services

sabre-holdings.com

SEARS HOLDINGS CORP

Department Stores

searsholdings.com

SPRINT NEXTEL CORP

Telecommunications

sprint.com

SUN HOLDINGS, LLC

Restaurants

sunholdings.net

TENET HEALTHCARE CORP

Healthcare

tenethealth.com

THE HOME DEPOT, INC

Home Centers

homedepot.com

jpshealthnet.org

UNIVERSITY OF TEXAS AT DALLAS

Education

utdallas.edu

Supermarket

tomthumb.com

northtexas.va.gov

Couriers

ups.com

VA NORTH TEXAS HEALTH CARE SYSTEM

Healthcare

UNITED PARCEL SERVICE, INC UNIVERSITY OF NORTH TEXAS SYSTEM

TRIUMPH AEROSTRUCTURES

Manufacturing

triumphgroup.com

Education

untsystem.unt.edu

WALGREENS

Pharmacies

walgreens.com

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


Commercial Equipment Repair & Maintenance

dallasairmotive.com

DEAN FOODS COMPANY

Food Manufacturing

deanfoods.com

DEVON ENERGY CORP

Oil & Gas Exploration & Production

devonenergy.com

DALLAS AIRMOTIVE, INC

7-ELEVEN, INC

Gasoline Stations

7-eleven.com

ACCOR NORTH AMERICA, INC

Hotels

accor-na.com

AH BELO CORP

Newspaper Publishers

ahbelo.com

ALCATEL-LUCENT USA

Manufacturing

lucent.com

DR PEPPER SNAPPLE GROUP

Food Manufacturing

drpeppersnapplegroup. com

DYNCORP INTERNATIONAL LLC

Security Services

dyn-intl.com

ALCON LABORATORIES, INC.

Manufacturing

alcon.com

ARAMARK CORP

Contractors

aramark.com

AUSTIN INDUSTRIES

Construction

austin-ind.com

ERNST & YOUNG, LLP

Financial Services

ey.com

BEARINGPOINT, INC

Business Consulting

bearingpoint.com

ESSILOR OF AMERICA, INC

Manufacturing

essilorusa.com

BEAUTY SYSTEMS GROUP

Retail Trade

livecordata.com

FFE LOGISTICS, INC

Freight Forwarding

ffeinc.com

BEN E KEITH CO

Wholesale Trade

benekeith.com

FOSSIL GROUP, INC

Retail Trade

fossilgroup.com

BLUE CROSS & BLUE SHIELD OF TEXAS

Insurance

bcbstx.com

FUJITSU NETWORK COMMUNICATIONS, INC

Manufacturing

fujitsu.com

CENTEX CORP

Construction

centex.com

GLAZERS DISTIRBUTORS

Wholesalers

glazers.com

bbvacompass.com

GREYHOUND LINES

Transportation

greyhound.com

Manufacturing

haggar.com

COMPASS BANCSHARES, INC

Financial Services

CONSOLIDATED RESTAURANT OPERATIONS, INC

Restaurants

croinc.com

HAGGAR CLOTHING COMPANY

CORELOGIC

Professional Services

corelogic.com

HEALTH MANAGEMENT ASSOCIATES, INC

Hospitals

hma.com

HONEYWELL INTERNATIONAL, INC.

Manufacturing

honeywell.com

DALLAS-FORT WORTH INTERNATIONAL AIRPORT

Transportation

dfwairport.com

DELOITTE, LLP

Professional Services

deloitte.com

EXXONMOBILE

Oil & Gas

exxonmobil.com

FRITO-LAY NORTH AMERICA

Food Manufacturing

fritolay.com

GAMESTOP CORP

Retail Trade

gamestop.com

GENERAL MOTORS COMPANY

Transportation

gm.com

HALLIBURTON CO

Oil and Gas Extraction

halliburton.com

INTERNAL REVENUE SERVICE

Government

irs.gov

JACOBS ENGINEERING GROUP

Professional Services

jacobs.com

HUAWEI TECHNOLOGIES

Consulting Services

huawei.com

KPMG, LLP

Professional Services

kpmg.com

LENNOX INTERNATIONAL, INC.

Manufacturing

lennoxinternational.com

MARRIOTT HOTELS, RESORTS & SUITES

Hotels

marriott.com

MAXIM INTEGRATED PRODUCTS, INC.

Manufacturing

maxim-ic.com

MICROSOFT CORP.

Information

microsoft.com

NORDSTROM, INC.

Retail Trade

nordstrom.com

MARY KAY, INC

Retail Trade

marykay.com

NOVO 1

Professional Services

novo1.com

MICHAELS STORES, INC

Retail Trade

michaels.com

OCCIDENTAL CHEMICAL CORP

Manufacturing

oxy.com

NORTHROP GRUMMAN SYSTEMS CORP.

Manufacturing

northropgrumman.com

RENT-A-CENTER, INC

Retail Trade

rentacenter.com

OMNI HOTELS CORP

Hotels

omnihotels.com

SAFETY-KLEEN, INC

Environmental Cleanup Services

safety-kleen.com

SAMSUNG TELECOMMUNICATIONS

Manufacturing

samsung.com

ONCOR

Utilities

oncor.com

PETERBILT MOTORS COMPANY

Manufacturing

peterbilt.com

TELVISTA, INC

Marketing Services

telvista.com

PILGRIM’S PRIDE CORP

Food Manufacturing

pilgrimspride.com

Education

tcu.edu

PIONEER NATURAL RESOURCES

Oil & Gas Exploration & Production

TEXAS CHRISTIAN UNIVERSITY

pxd.com

POLY-AMEIRCA

Manufacturing

poly-america.com

THE SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY

Education

swbts.edu

RADIOSHACK CORP

Retail Trade

radioshack.com

TRANSAMERICA CORP

Insurance

transamerica.com

SALLY BEAUTY SUPPLY

Retail Trade

sallybeautyholdings.com

TRINITY INDUSTRIES, INC

Manufacturing

trin.net

TRIQUINT SEMICONDUCTOR TEXAS

Manufacturing

triquint.com

TDINDUSTRIES

Construction

tdindustries.com

TIME WARNER CABLE

Information

timewarnercable.com

TRAMMELL CROW COMPANY

Construction

trammellcrow.com

1,000-1,500 EMPLOYEES

TUESDAY MORNING, INC

Retail Trade

tuesdaymorning.com

TXI/TEXAS INDUSTRIES, INC

Manufacturing

txi.com

UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE CENTER AT FORT WORTH

Education

unthsc.edu

ACCENTURE

Professional Services

accenture.com

AEGON DIRECT MARKETING SERVICES

Finance & Insurance Sector

aegonmarketing.com

XEROX BUSINESS SERVICES

Professional Services

acs-inc.com

ZALE CORP

Retail Trade

zalecorp.com

AETNA

Insurance

aetna.com

AMERICAN EUROCOPTER CORP

Manufacturing

eurocopterusa.com

AVIALL, INC

Repair & Maintenance

aviall.com

BANCTEC, INC

Professional Services

banctec.com

BOMBARDIER AEROSPACE

Education & Training Services

us.bombardier.com

CELANESE CORP

Manufacturing

celanese.com

COMPUCOM SYSTEMS

IT

compucom.com

2015

THE BUSINESS COMMUNITY | MAJOR COMPANIES AND HEADQUARTERS

1,501-2,500 EMPLOYEES

SOURCE: DRC Research

D A L L A S ECONOMIC DEVELOPMENT G U I D E

83


40 FORTUNE 1000 HEADQUARTERS IN DALLAS-FORT WORTH (2014)

FORTUNE 1000 Dallas-Fort Worth continues to draw Fortune and Global 500 headquarters, by growth and expansion of local companies as well as by relocations of headquarter operations. It is both a testament to the vibrant, diverse economy in DFW today as well as a natural progression for this region that is so well-recognized internationally for its strengths in advanced services and headquarter operations.

2014 WORLD CITIES WITH THE MOST GLOBAL500 HEADQUARTERS METROPOLITAN AREA

COUNTRY

Beijing Tokyo Paris New York* London Seoul Chicago* Shanghai Houston* Moscow Osaka Washington D.C.* Madrid Mumbai Zurich Dallas-Fort Worth* Los Angeles* Minneapolis* San Francisco* San Jose* Toronto

China Japan France U.S. United Kingdom South Korea U.S. China U.S. Russia Japan U.S. Spain India Switzerland U.S. U.S. U.S. U.S. U.S. Canada

DENTON SALLY BEAUTY

COMPANIES

51 44 29 24 20 14 9 9 7 7 7 7 6 6 6 5 5 5 5 5 5

(#643)

FORT WORTH / GRAPEVINE / IRVING / SOUTHLAKE AMERICAN AIRLINES GROUP

(#112)

CELANESE

(#399)

COMMERCIAL METALS

(#370)

EXXONMOBIL

(#002)

FLOWSERVE

(#501)

FLUOR

(#109)

GAMESTOP

(#305)

KIMBERLY-CLARK

(#139)

MICHAELS STORES INC.

(#542)

PIONEER NATURAL RESOURCES

(#605)

SABRE CORP.

(#712)

* U.S. cities represented by their metropolitan area

DOWNTOWN DALLAS (CBD & UPTOWN)

9 FORBES TOP PRIVATE COMPANIES (2014) RANK COMPANY

CITY

60 81 82 88

Dallas Dallas Dallas

97 108 133 139 170

Energy Future Holdings Sammons Enterprises Neiman Marcus Group Hunt Consolidated/ Hunt Oil Consolidated Electrical Distributors Glazer’s Mary Kay Ben E Keith Golden Living

FORT WORTH CBD

Dallas Irving Dallas Addison Fort Worth Plano

DR HORTON

(#418)

RADIO SHACK

(#657)

AT&T

(#11)

COMERICA

(#810)

CROSSTEX ENERGY INC.

(#986)

DEAN FOODS

(#285)

ENERGY FUTURE HOLDINGS

(#438)

ENERGY TRANSFER EQUITY

(#54)

HOLLYFRONTIER CORP.

(#145)

NEIMAN MARCUS

(#527)

PRIMORIS SERVICES CORP.

(#987)

REGENCY ENERGY PARTNERS

(#829)

TENET HEALTHCARE

(#229)

TRINITY INDUSTRIES

(#559)

SOURCE: DRC Research

84

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


52

TEXAS

54

CALIFORNIA

54

NEW YORK

MCKINNEY TORCHMARK CORP.

33

25

ILLINOIS

22

OHIO

VIRGINIA

PLANO

(#622)

ALLIANCE DATA SYSTEMS

(#571)

CINEMARK HOLDINGS INC.

(#789)

DENBURY RESOURCES INC.

(#831)

THE BUSINESS COMMUNITY | FORTUNE 1000

STATES WITH THE MOST FORTUNE 500 HEADQUARTERS (2014)

DR PEPPER SNAPPLE GROUP (#430)

RICHARDSON FOSSIL

(#691)

LENNOX INTERNATIONAL

(#689)

JCPENNEY

(#235)

RENT-A-CENTER

(#711)

DALLAS-LBJ CORRIDOR ATMOS ENERGY

(#612)

BRINKER INTERNATIONAL

(#761)

TEXAS INSTRUMENTS

(#227)

VALHI INC.

(#982)

DALLAS LOVE FIELD SOUTHWEST AIRLINES

(#160)

U.S. METROPOLITAN AREAS WITH THE MOST FORTUNE 500 HEADQUARTERS (2014)

SAN FRANCISCO / OAKLAND / HAYWARD, CA SAN JOSE / SUNNYVALE / SANTA CLARA, CA

13

17

LOS ANGELES / LONG BEACH / ANAHEIM, CA

21

MINNEAPOLIS / ST. PAUL / BLOOMINGTON, MN-WI

17

13

PHILADELPHIA / NEW YORK-NEWARK JERSEY CITY, CAMDEN / NY-NJ-PA WILMINGTON, PA-NJ-DE-MD

11

10

WASHINGTON / ARLINGTON / ALEXANDRIA, DC-VA-MD-WV

DALLAS / FORT WORTH / ARLINGTON, TX HOUSTON / THE WOODLANDS / SUGAR LAND, TX

Bridgeport-StamfordNorwalk,CT

BOSTON-CAMBRIDGE / NEWTON, MA-NH

31

18

72 10

CHICAGO / NAPERVILLE / ELGIN, IL-IN-WI

26

2015

DETROIT / WARREN / DEARBORN, MI

ATLANTA / SANDY SPRINGS / ROSWELL, GA

17

15

D A L L A S ECONOMIC DEVELOPMENT G U I D E

85


SMALL BUSINESS According to the Small Business Administration (SBA), businesses with less than 500 employees represented roughly 99.7% of all employers nationally, made up 64% of net new private-sector jobs and accounted for 42% 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.

97% OF ESTABLISHMENTS IN THE DFW REGION HAVE FEWER THAN 100 EMPLOYEES ESTABLISHMENT INDUSTRY (TOTAL ESTABLISHMENTS)

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.

TARRANT SBDC

M

71.9%

UTILITIES (273)

56%

CONSTRUCTION (9,983)

75.6%

MANUFACTURING (5,482)

52%

1.8%

0.0%

24%

3.8%

0.3%

34.8%

8.1%

1.1%

1.8%

0.2%

7.9%

0.8%

22.4% 39.3%

2.4%

0.3%

D RETAIL TRADE (19,544)

69.1%

27.7%

3.1%

0.1%

TRANSPORTATION AND WAREHOUSING (3,829)

65.3%

28.6%

5.3%

0.9%

INFORMATION (2,844)

62.1%

31.9%

4.8%

1.1%

FINANCE AND INSURANCE (11,544)

79.3%

18.2%

1.9%

0.6%

REAL ESTATE, RENTAL AND LEASING (7,287)

85.7%

13.2%

1.1%

0.0%

PROFESSIONAL, SCIENTIFIC, AND TECHNICAL SERVICES (19,173)

83%

15.6%

1.2%

0.2%

MANAGEMENT OF COMPANIES AND ENTERPRISES (1,731)

48.5%

10.7%

2.4%

ADMIN, SUPPORT, WASTE MGT, REMEDIATION SERVICES (8,108)

68.1%

25.2%

5.8%

0.9%

EDUCATIONAL SERVICES (1,939)

63.9%

32.1%

3.6%

0.4%

HEALTH CARE AND SOCIAL ASSISTANCE (17,090)

70.5%

26.8%

2.3%

0.4%

ARTS, ENTERTAINMENT AND RECREATION (1,634)

65%

30.7%

4.2%

0.3%

ACCOMMODATION AND FOOD SERVICES (12,601)

42.3%

2.0%

0.1%

OTHER SERVICES (EXCEPT PUBLIC ADMINISTRATION) (12,136)

78%

1.1%

0.1%

2.7%

0.3%

I

COLLIN SBDC SERVING: Collin County Area LOCATION: Collin County Community College

BEST SOUTHWEST SBDC SERVING: Duncanville, Lancaster, DeSoto, Cedar Hill, Hutchins, Wilmer, Seagoville and Glenn Heights, (Southwest Dallas County) LOCATION: Cedar Valley College Center Cedar Hill

D A L L A S ECONOMIC DEVELOPMENT G U I D E

MINING (1,196)

6.2%

LARGE More than 500 employees

27.5%

SERVING: Dallas and Rockwall County areas LOCATION: The Bill Priest Institute of El Centro College

86

92%

MEDIUM 100-499 employees

69.8%

DALLAS SBDC

SERVING: Cooke, Denton and Montague Counties LOCATION: North Central Texas College

FORESTRY, FISHING, HUNTING, & AGRICULTURE SUPPORT (113)

SMALL 10-99 employees

D WHOLESALE TRADE (9,349)

SERVING: Tarrant County LOCATION: Tarrant County College

NORTH CENTRAL TEXAS SBDC

MICRO Less than 10 employees

OTHER

= TOTAL

(145,968)

70.4%

SOURCE: 2012 DFW Small Business Patterns, US Census Bureau

38.4%

55.6% 20.8% 26.6%

2015


TWENTY COMPANIES MADE THE INC. 500 LIST IN 2014, AND A TOTAL OF 171 COMPANIES WERE LISTED IN THE INC. 5000

18 13

37

OpenRoad Lending

257 303 12

322

16 4

CPSG Partners

195

11 1 9

328

15

19 17

24

61 63 78 98 138 174

7

2

COMPANY

45

14

20 5 8

RANK

344

10

374 381 412 437 471

6

3 YEAR % GRWTH

CITY

Innovative Surveillance Solutions PMG Worldwide eLan Technologies Old Pro Roofing PEG Bandwidth Motivity Labs CenseoHealth Silver Bullet Construction Bridger Apex Resources Wingspan Portfolio Advisors Advice Interactive Group Think Tech Labs Gadberry Construction Co. WebyShops Monster Flooring SALE TexPro Painters OneSource Virtual

REVENUE

Dallas North Richland Hills

9532%

$17.1 million

6603%

$8.9 million

Tyler

5605%

$10.2 million

Fort Worth Irving Burleson The Colony Irving Dallas Dalworthington Gardens Addison Dallas

5000% 4864% 4076% 3613% 2716% 2407%

$5.8 million $9.1 million $4.9 million $32.9 million $3.2 million $117.2 million

Dallas

1442% $119.9 million

McKinney

1421%

$5.9 million

Dallas

1361%

$2.4 million

Dallas

1277%

$3.7 million

Arlington

1255%

$10.7 million

Plano

1150%

$6.8 million

Arlington Irving

1085% 999%

$2.8 million $37.0 million

2216% $2.5 million 1792% $3.5 billion 1515% $25.5 million

THE BUSINESS COMMUNITY | SMALL BUSINESS

INC. 500

AMERICA’S FASTEST-GROWING PRIVATE COMPANIES

INC. 5000 RANK COMPANY

CITY

RANK COMPANY

CITY

RANK COMPANY

CITY

RANK COMPANY

CITY

24 37 45 61 63 78 98 138 174 195

Dallas North Richland Hills Tyler Fort Worth Irving Burleson The Colony Irving Dallas Dalworthington

1350 1353 1359 1385 1388 1397 1406 1450 1455 1603 1610 1635 1663 1695 1722 1728 1788 1793 1832 1838 1845 1859 1891 1898 1913 1920 1937 1975 2016 2031 2050 2055 2057 2074 2083 2096 2141 2172

Dallas Dallas Dallas Addison Dallas Dallas Plano Fort Worth Fort Worth Lewisville Irving Plano Dallas Dallas Addison Grapevine Rockwall Dallas Carrollton Dallas Plano Dallas Mansfield Fort Worth Dallas Haltom City Carrollton Farmers Branch Fort Worth McKinney Dallas Irving Dallas Dallas Irving Plano Dallas

2333 2340 2369 2403 2411 2447 2586 2658 2665 2731 2752 2843 2925 2940 2969 2974 2982 2996 3007 3031 3092 3144 3160 3165 3174 3295 3313 3326 3348 3356 3414 3547 3550 3559 3601 3654 3704 3716 3733 3737 3749 3752 3833 3836 3846

Plano Frisco Irving Richardson Carrollton Mansfield Dallas Dallas Dallas Bedford Southlake Plano Irving Dallas Plano Dallas Plano Dallas Dallas Dallas Addison Dallas Addison Plano Plano Southlake Mesquite Richardson Carrollton Tyler Dallas Garland Dallas Fort Worth Richardson Carrollton McKinney Richardson Addison Dallas Carrollton Plano Dallas Dallas Frisco

3975 Zak Products

Irving

257 303 322 328 344 374 381 412 437 471 537 544 662 711 775 784 786 830 836 867 951 1037 1058 1076 1082 1114 1127 1144 1152 1200 1244 1250 1279 1292

2015

CPSG Partners OpenRoad Lending Innovative Surveillance Solutions PMG Worldwide eLan Technologies Old Pro Roofing PEG Bandwidth Motivity Labs CenseoHealth Silver Bullet Construction Garden Bridger Apex Resources Wingspan Portfolio Advisors Advice Interactive Group Think Tech Labs Gadberry Construction Co. WebyShops Monster Flooring SALE TexPro Painters OneSource Virtual GSATi Timberhorn Nexius Infosemantics Projekt202 C1S Group Guardian Network Solutions Sq1 Cadatasoft Sundance Healthcare Bosque Systems MeritCard Fruitables Pet Food AustinCSI DeviceFidelity EnSite Solutions VIVA Pediatrics CONTI Organization Infosmart Systems ZeOmega GTN Technical Staffing Teladoc FBS Service Nation

Addison Dallas Dallas McKinney Dallas Dallas Arlington Plano Arlington Irving Denton Frisco Allen Flower Mound Addison Dallas Fort Worth Dallas Dallas Arlington Fort Worth Dallas Dallas Plano Richardson Irving Dallas Addison Frisco Frisco Dallas Dallas Plano Flower Mound

2180 2199 2206 2210 2267 2306

Blue Track Media One Technologies Virtual Tech Gurus Lumenate Frontline Source Group Oak Mortgage Group Goldfish Medical Staffing Flexible Innovations PhysAssist Scribes First Choice Emergency Rooms InfoLob Solutions Zoes Kitchen Clearview Energy Anserteam Workforce Solutions Point 2 Point Global Security Granbury Solutions TrendHR BizNet Software Commercial Fleet Financing Viverae Roland Technology Group TopGolf Venus Construction Company Think Finance Cyber Group Phoenix Business Viva Railings MedicOne Medical Response Jett Express SRS Distribution eShipGlobal Tricolor Auto Group OrgSync Ambit Energy Akili Goodman Networks Homecare Homebase Kinder Reese Real Estate Partners Argent Associates Millionaire Network Tucker, Albin & Associates Macrospect A-Apex Heating and Air PFC Furniture Industries

Frisco Plano Burleson Richardson Irving Fort Worth Richardson

WorldVentures Tango Networks Onsite Health Diagnostics GXA Network Solutions UNSI Integrated Medical Solutions Faulkner Design Group Synerzip Alsbridge Abba Staffing and Consulting The Boardroom Salon for Men HR Focal Point Circuitronics Supreme Lending Keste Hiatus Spa + Retreat National Systems Consulting ExamSoft Worldwide Which Wich Superior Sandwiches Switchplace Improving Enterprises Southern Botanical Credera Smith Monitoring Employee Solutions SIBRIDGE Eff ective Environmental Sara’s Market & Bakery c2mTech Mentoring Minds Pariveda Solutions GTM Plastics ISNetworld The Starr Conspiracy ARGO Farmer Environmental Group Benjamin Franklin Plumbing Chestnut Exploration Cos. DPLOYIT Lone Star Distribution Innovative-IDM VLG Advertising Ryan BravoTECH TTS

3983 CheapCaribbean.com

Plano

3988 M3 Glass Technologies

Irving

3990 Masergy Communications

Plano

4002 Intelligent Interiors

Addison

4012 Sendero

Dallas

4022 interRel Consulting Partners

Arlington

4059 Capital Title of Texas

Plano

4070 M&S Technologies

Dallas

4077 Orion Financial Group

Southlake

4081 UniFocus

Carrollton

4083 Parkway Construction & Associates

Lewisville

4089 Forte Payment Systems

Allen

4116 US-Analytics

Irving

4120 Pursuit of Excellence

Dallas

4179 Tangerine Salon

Coppell

4200 Online Rewards

Dallas

4281 Thermal Edge

Irving

4302 Wingstop

Dallas

4318 AIO Network Solutions

Richardson

4327 Temporary Housing Directory

Plano

4343 The Trade Group

Carrollton

4355 Hawaiian Falls

Las Colinas

4372 Skyline Exhibits & Events (Dallas/Fort Worth, TX)

Grand Prairie

4377 Statewide Remodeling

DFW Airport

4434 MarketingFX

Dallas

4492 Metal Roofs of Texas

Fort Worth

4497 Cottonwood Financial

Irving

4580 Phillips Painting

Plano

4640 Versacom

Dallas

4656 Tusk Enterprises

Arlington

4672 HealthMark Group

Dallas

4734 Point-of-Rental Systems

Grand Prairie

4798 Willow Bend Mortgage Company Plano 4823 The Medicus Firm

Dallas

4872 Dhaliwal Labs

Dallas

4909 North Food Group

Dallas

4910 Beckertime

Keller

4951 ECi Software Solutions

Fort Worth

D A L L A S ECONOMIC DEVELOPMENT G U I D E

87


THE ENTREPRENEURIAL COMMUNITY 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 Dallas-Fort Worth.

DFW WORKS TOGETHER ACCELERATORS 1 THE GARAGE (MENTORVAULT) workthegarage.com 2 BIZ OWNERS ED bizownersed.com

29 THE KALEIDOSCOPE FOR HER thekaleidoscopeforher.com 30 THE LAB thelab.ms 31 WELD weld.co

3 ACCELERATE NFC acceleratenfc.com

32 TECHMILL techmill.co

4 ACCELERATED VENTURES PROGRAM acceleratedventuresprogram.com

INCUBATORS

5 ALCATEL-LUCENT RESEARCH & INNOVATION CENTER alcatel-lucent.com 6 AT&T FOUNDRY foundry.att.com 7 COLLIDE VILLAGE ACCELERATOR PROGRAM (CVAP) collidevillage.com/accelerator/ 8 HEALTH WILDCATTERS healthwildcatters.com 9 TECH FORT WORTH ACCELERATION LAB techfortworth.org 10 TECH WILDCATTERS techwildcatters.com

33 ADDISON TREEHOUSE addisontreehouse.com 34 IDEA WORKS (FW) ideaworksfw.org 35 DFW EXCELLERATOR dfwexcellerator.com/EN/index.aspx 36 BILL J PRIEST INSTITUTE elcentrocollege.edu/bjp/ 37 ARLINGTON TECHNOLOGY INCUBATOR uta.edu/research/administration/ departments/tm/for-entrepreneures/ index.php

11 THE ARLINGTON BUSINESS ACCELERATOR thecenterforinnovation.org

38 MOUNTAIN VIEW COLLEGE BUSINESS INCUBATOR PROGRAM mountainviewcollege.edu/business/ econdev/Pages/businessincubator.aspx

12 U.S. PATENT & TRADEMARK SATELLITE OFFICE uspto.gov/about/locations/dallas.jsp

39 BIOPIPELINE AT BIOCENTER, UT SOUTHWESTERN MEDICAL DISTRICT biocenterdallas.com

13 UNT INNOVATION GREENHOUSE innovation.unt.edu/

40 BIOTECH MANUFACTURING CENTER OF TEXAS (BMC) bmc-texas.org

14 VENTURE DEVELOPMENT CENTER (UTD) utdallas.edu/vdc 15 REVTECH ACCELERATOR revtechaccelerator.com

CO-WORKING 16 NOD COWORKING noddfw.com 17 HEADSPACE headspacedallas.com 18 CREATIVE COWORK creativecoworkfortworth.com 19 COLAB WORKSPACE colabwork.com 20 CONNECTIVE HUB connectivehub.com 21 DALLAS COWORK dallascowork.com 22 DALLAS FORT WORK dallasfortwork.com 23 DALLAS MAKERSPACE dallasmakerspace.org 24 SPRY ROCKET spryrocketstation.com

41 NORTH TEXAS ENTERPRISE CENTER ntec-inc.org 42 TECH FORT WORTH techfortworth.org 43 THE COLLIDE VILLAGE collidevillage.com 44 THE DALLAS ENTREPRENEUR CENTER (DEC) thedec.co 45 UNITED WAY’S GROUND FLOOR unitedwaydallas.org 46 BOOTSTRAP DALLAS bootstrapdallas.com 47 THE WERX IN MCKINNEY mckinneywerx.com 48 CEDARS UNION cedarsunion.org

INNOVATION CENTERS 49 IBM INNOVATION CENTER ibm.compartnerworld/iic/dallas.htm 50 MICROSOFT TECHNOLOGY CENTER microsoft.comen-us/mtc/locations/ dallas.aspx

25 THE BACKLOT backlotfw.com

51 TI KILBY LABS ti.comcorp/docs/innovation/ research-development/Kilby-Labs.html

26 THE COMMON DESK thecommondesk.com

52 AT&T FOUNDRY foundry.att.com

27 THE FOUNDRY foundryclub.com

53 CAPITAL ONE INNOVATION CENTER capitalonelabs.com/hackathon/index.html

28 THE GROVE grovedallas.com

88

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: DRC Research

2015


47

DALLAS IS THE BEST PLACE FOR STARTUPS

41

— U.S. CHAMBER OF COMMERCE FOUNDATION

53 2 30

17 16

49

6 52 14 51

5 22 33 7 43 20

23 21

4

50

4624 27 35

39 31

19 25

18 42 34 9

37 11

THE BUSINESS COMMUNITY | THE ENTREPRENEURIAL COMMUNITY

13 32

38

TEXAS LEADS BEST STATES FOR FUTURE JOB GROWTH —FORBES

OVER 60,000 SQUARE FEET OF CO-WORKING SPACE AVAILABLE FOR STARTUPS IN DOWNTOWN DALLAS 2015

DFW IS A TOP 10 REGION FOR FAST-GROWTH COMPANIES — INC. MAGAZINE

29

48

D A L L A S ECONOMIC DEVELOPMENT G U I D E

89


THE BUSINESS COMMUNITY | THE ENTREPRENEURIAL COMMUNITY

DFW COMPANIES HAVE BIG EXITS ... $5.7B IPO ACQUIRED

2001 Broadcast.com to Yahoo

$110M

$53M

2013 MetroPCS to T-Mobile

$13.9B

2010 ITKO to CA Technologies

2010 New Toy to Zynga

ACQUIRED

2010 Quickoffice to Google

$2B

2009 Id Software to Zenimax

$3.9B

2002 Perot Systems to Dell

2002 Perot Systems to Dell

2010 Woot.com to Amazon

$330M

2002 Gamestop

2008 EDS to HP

$105M

$3.9B

ACQUIRED

2013 Softlayer to IBM

2013 Bottle Rocket to WPP

... WITH THE $110M HELP OF 2010 Woot.com to Amazon

PRIVATE EQUITY GROWTH FUNDS, VENTURE CAPITAL & ANGEL GROUPS $330M 2010 ITKO to CA Technologies

HUGHES VENTURES hughesventures.com

SILVER CREEK VENTURES silvercreekfund.com

BAYLOR ANGEL NETWORK baylor.edu/business/angelnetwork

MOBILITY VENTURES mobilityventures.com/index.php 2010 New Toy to Zynga

STONEHENGE CAPITAL stonehengecapital.com

NORTH TEXAS ANGEL NETWORK northtexasangels.org

CAPITAL SOUTHWEST capitalsouthwest.com

TEAKWOOD CAPITAL teakwoodcapital.com

LONE STAR ANGELS lonestarangels.weebly.com

$53M

DALLAS VENTURE PARTNERS dallasventurepartners.com

ACQUIRED

TEXAS WOMEN VENTURES 2010 Quickofficetexaswomenventures.com to Google

HALL FINANCIAL GROUP hallfinancial.com

TRAILBLAZER CAPITAL trailblazercap.com

HP GROWTH PARTNERS hpgrowthparters.com

$2B

HUNT BIO VENTURES huntbioventures.com/home.aspx

ACQUIRED

ROARING FORK CAPITAL 2013 Softlayer to IBM roaringforkcapital.com/team.htm

COWTOWN ANGELS cowtownangels.org DALLAS ANGEL NETWORK www.dallasangelnetwork.com TIE ANGELS http://tie.org/funding

SID R. BASS ASSOCIATION

2013 Bottle Rocket to WPP

OVER $2 BILLION IN VENTURE CAPITAL INVESTED IN DFW COMPANIES SINCE 2010 6TH LARGEST CONCENTRATION OF HIGH TECH WORKERS IN THE U.S.

TOP 20 REGION FOR NUMBER OF PATENTS ISSUED 2007-2011

ONE OF AMERICA’S COOLEST CITIES IN 2014 – FORBES

SOURCE: DRC Research

90

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


NUMBER 1

DESCRIPTION N/A

DATE N/A

PROJECT NAME: COD Identity Design Package

CLIENT: Connected Denton 215 E. McKinney Street Denton, TX 76201

client reprsentative: Kevin Gunn

Account manager: Alex Hargis

artwork title: PRIMARY BRANDING EXTENDED USAGE

client initials:

DATE:

10/12/14

artwork approved not approved

Alex Hargis

copywriting Not Applicable

Accelerating Innovation We’re working together to define what technological innovation can mean to a growing city. From fostering ideas and creativity in new businesses and startups, to connecting as a community to solve serious planning and public health issues, CoDenton looks forward to advancing the impact a modern city like Denton can have on the way the world thinks.

CO D E NT O N. C O M For information: Aimee Bissett, City of Denton Economic Development Director | 940-349-7774 | Aimee.Bissett@CityofDenton.com


INTERNATIONAL COMPANIES Dallas–Fort Worth is home to an impressive group of foreign-based subsidiaries, hosting North American headquarters for many and major operations for others. International corporate investment in the region reflects the strength and diversity of the DFW economy and the stellar access to U.S. markets by both ground and air service and to global markets through Dallas/Fort Worth International Airport. The industries represented create their own synergies with other U.S.based operations and headquarters in the region. For example, the global community has recognized DFW as an important U.S. industry center for telecommunications, locating North American headquarters here for Korea’s Samsung Telecommunications America, China’s Huawei Technologies, France’s Alcatel-Lucent and Sweden’s Ericsson Inc. The region is also the headquarters of contact lens manufacturer and solutions suppliers Novartis AG-owned Alcon and Essilor of America.

NUMBER FOREIGN COMPANIES OPERATING IN DFW BY COUNTRY UNITED KINGDOM JAPAN CANADA GERMANY FRANCE SWEDEN SWITZERLAND MEXICO NETHERLANDS AUSTRALIA INDIA SPAIN ISRAEL TAIWAN FINLAND ITALY BERMUDA SOUTH KOREA BELGIUM CHINA IRELAND DENMARK

92

69 63 53 46 37 27 27 19 18 13 13 13 12 10 9 9 8 8 6 6 6 5

D A L L A S ECONOMIC DEVELOPMENT G U I D E

DFW INTERNATIONAL COMPANIES

MORE THAN 200 COMPANIES FROM 34 COUNTRIES HAVE THEIR U.S. HEADQUARTERS LOCATED, OR HAVE SUBSTANTIAL OPERATIONS, WITHIN THE REGION.

VARIOUS U.S. HEADQUARTERS AND INTERNATIONAL SUBSIDIARIES IN THE DFW REGION 7-Eleven - JAPAN Aegis Communication Group, Inc - INDIA Air Liquide - FRANCE Alon USA Energy, Inc. - ISRAEL American Eurocopter - NETHERLANDS American Marazzi Tile, Inc - ITALY Atlas Copco Drilling Solutions LLC - SWEDEN BAE Systems Controls Inc - U.K. Balfour Beatty Construction - U.K. BBVA Compass Bank - SPAIN Bimbo Bakeries USA Inc - MEXICO Bodycote Thermal Processing Inc - U.K. Bombardier Aerospace - CANADA Capgemini - FRANCE DHL Global - GERMANY Diodes Inc - TAIWAN Efore USA Inc - FINLAND Experian - IRELAND Fujitsu Network Communications Inc - JAPAN Hilti Inc - LIECHSTENSTEIN Hisun Motors Corporation USA - CHINA Hitachi Consulting - JAPAN Hoya Vision Care - JAPAN Hyundai Capital America - SOUTH KOREA Hyundai Merchant Marine - SOUTH KOREA

KONE Inc - FINLAND Kyocera America - JAPAN Lehigh Hanson Company - GERMANY LG Electronics USA - SOUTH KOREA L’Oréal USA - FRANCE LSG Sky Chefs, Inc - GERMANY Mission Foods Inc - MEXICO NEC Corporation of America - JAPAN Nestle USA - SWITZERLAND ORIX USA - JAPAN Overhead Door Corporation- JAPAN Rolex Watch USA Inc - SWITZERLAND Sanden International USA, Inc - JAPAN Santander Consumer USA Inc - SPAIN Sanyo Energy Corporation - JAPAN Schneider Electric - FRANCE Siemens Energy & Automation - GERMANY STMicroelectronics, Inc - SWITZERLAND Telvista - MEXICO The Trane Company - IRELAND Trend Micro Inc - JAPAN Zale Corporation - BERMUDA ZTE USA - CHINA Uniden America Corporation - JAPAN

CONSULAR CORPS OF DALLAS-FORT WORTH BELGIUM

FINLAND

MEXICO

SLOVAK REPUBLIC

UGANDA

BELIZE

FRANCE

MONACO

SOUTH AFRICA

UNITED KINGDOM

CANADA

GERMANY

MOROCCO

SPAIN

CHILE

ICELAND

NORWAY

SWEDEN

COSTA RICA

JAPAN

SWITZERLAND

DENMARK

KOREA

PAPUA NEW GUINEA

ECUADOR

LUXEMBOURG

EL SALVADOR

MALTA

PERU ROMANIA

TAIWAN THAILAND TUNISIA

EB-5 INVESTMENT VISA PROGRAM

EB-5 OPPORTUNITIES IN NORTH TEXAS:

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.

CITY OF DALLAS REGIONAL CENTER (CDRC) http://cdrc.us/

SOURCE: DRC Research

CIVITAS TEXAS REGIONAL CENTER http://www.civitascapital.com/ FRISCO TEXAS INTERNATIONAL DEVELOPMENT CENTER http://www.friscoedc.com/ NORTH TEXAS EB-5 REGIONAL CENTER LLC http://www.ntxregionalcenter.com/ 2015


35W

4 11 6

35E

1

75

2

190

10

5 7 8 820

635

183 12

30

9

30 360

THE BUSINESS COMMUNITY | INTERNATIONAL COMPANIES

121

nternational Companies

VARIOUS U.S. HEADQUARTERS AND INTERNATIONAL SUBSIDIARIES IN THE DFW REGION

COMPANY PARENT COUNTRY 175 20United Kingdom

3

Canada

67 35E

35W

ACCOR NORTH AMERICA is a division of global hotel giant Accor and comprises the Motel 6 and Studio 6 brands, with more than 1,000 locations throughout the U.S., Mexico and Canada.

1

ALCATEL-LUCENT is a regional U.S. subsidiary of France-based Alcatel-Lucent, which designs, develops and builds communications networks. It supplies equipment, software applications and related services to telecom carriers and network service providers, as well as enterprise and government customers.

2

ALCON is a manufacturer of intraocular lenses, pharmaceutical products and care solutions and ophthalmic surgical instruments and equipment. Majority-owned by Novartis AG.

3

2015

ERICSSON, INC. is the subsidiary of Swedenbased global wireless network equipment leader Telefonaktiebolaget LM Ericsson, which oversees the North American business of its parent company. Its core network products are antennas, transmitters, switching systems and other gear used to build wireless networks.

4

ESSILOR OF AMERICA is a subsidiary of Parisbased 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.

5

Japan France

HUAWEI TECHNOLOGIES is China’s largest manufacturer of telecommunications equipment. It makes a broad range of products, including core voice and data switching platforms for communications service providers.

6

INTERCERAMIC manufactures and distributes ceramic and natural stone floor and wall tile throughout North America. Established in Mexico in 1979, it expanded into Dallas and other Texas cities in 1988. It has eight manufacturing plants in the U.S. and Mexico.

7

BLACKBERRY provides wireless hardware, software and services to customers worldwide. Its BlackBerry smartphones handle voice, e-mail and text messaging, as well as Internet access and multimedia applications. The

8

Switzerland Germany

45

Other

U.S. headquarters are located in Irving. THE TURNER CORPORATION, a subsidiary of German construction group HOCHTIEF, is one of the world’s leading general building and construction management firms.

9

10 SAMSUNG

TELECOMMUNICATIONS AMERICA researches, develops and markets wireless handsets and telecommunication products in North America.

11 TOYOTA NORTH AMERICA

announced its North American headquarters move from California to Plano in 2014. Included at the headquarters operations will be Toyota Motor Sales, Toyota Motor Engineering & Manufacturing and Toyota Financial Services.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

93


MAJOR EXPANSIONS AND RELOCATIONS Dallas–Fort Worth is regularly identified as one of the nation’s top markets for new and expanded corporate facilities. DFW attracts an impressive list of companies that spans diverse industries. Recent relocations to Dallas–Fort Worth have included headquarters moves for Fortune 500 and Forbes Top Private companies such as GGNSC Holdings/ Golden Living, Fluor Corp., Comerica and AT&T. Expansions range from important new distribution or logistics centers for such companies as Restoration Hardware, BMW, Quaker Oats and Amazon to new offices for Kohl’s, State Farm and TEK Systems to name a few.

SAMPLE OF HEADQUARTER RELOCATIONS TO DALLAS-FORT WORTH 2010-2014

MINNESOTA MoneyGram Speed Commerce (Navarre)

NEBRASKA Heartland Automotive Services

KANSAS

NEVADA CoreSpace

Alco Hostess

COLORADO Cagney Global Logistics Harris Broadcast

OKLAHOMA Global Power Equipment Group Inc. Hilti LinkAmerica

CALIFORNIA Acacia Research Group AccentCare ACTIVE Network Ameriflight LLC Caliber Collision Centers Channell Commercial Corp. Ciao Telecom Consolidated Electrical Distributors Copart Daegis Inc. Fluor Fonality Glenmount Global Solutions Ironclad Performance Wear Corp. loanDepot.com Monkey Sports Inc. MV Transportation

94

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: DRC Research

AUSTIN Greenstream Seven Hills Commercial Omnitracs Pacific Union Financial Primoris Raytheon Space and Airborne Systems (SAS) Reel FX Creative Studios Corp. Rixi Recovery Services Solera Holdings Titan Laboratories Toyota North America Trend Micro Vendor Resource Management W3global 2015


NEW YORK

Bar Louie Restaurant Group Ferris Manufacturing Neovia Logistics Services TopGolf

Greatbatch HMS Holdings Signature Systems Group Six Flags Entertainment

MICHIGAN

MASSACHUSETTS

Comerica

NTT Data Inc. VCE

CONNECTICUT Accudyne Industries iCall Inc.

MISSOURI GKN Aerostructures

NEW JERSEY CVE Technology Group Inc

TENNESSEE Dynamic Energy Alliance

ARKANSAS Golden Living

GEORGIA NYLO Hotels

ALABAMA Torchmark Zoes Kitchen

FLORIDA CCS Medical Fiesta Restaurant Group

HOUSTON Inx Inc. Magnum Hunter Resources U.S. Concrete

SAN ANTONIO AT&T Christus Health

OTHER NEW HQ ESTABLISHMENTS Blackberry North American HQ (Canada) GuestLogix U.S. HQ (Canada) Hisun Motors North American HQ (China) Howard Hughes Corporation NGC Renewables North American HQ (China) NOTE: Companies in grey moved to Dallas-Fort Worth prior to 2010

2015

The Dallas Regional Chamber works closely with many companies that consider and decide to locate major corporate facilities here, particularly headquarters. Our team knows these decisions are critical to the futures of the companies and the employees. We help companies understand this region fully; from our demographics, labor costs, our transportation assets, our real estate options, or the taxes and incentives that might apply to a project. Often we do it face to face. We visit companies and host executives here; including multi-day visits during which we often engage Dallas 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 Dallas. But we’re not just about the cold, hard facts and the sales pitch. We are also about taking good care of the companies and particularly the employees, that make the decision 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 Chamber offers to meet with employees and families that suddenly have the opportunity to be 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 Dallas area. Our goal is to help the employees understand our region is a great place to live, raise a family and prosper. Eyes light up when we show pictures of homes and affordable prices, the arts and cultural amenities, our parks and trees and lakes, our foodie places, the outstanding medical care that is here, dog parks, light rail and bike trails and 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 that already know our area well or might be from here just get more excited about the move. Helping employees after a move has been announced is a great benefit to the company and its employees. It’s a lot of fun and very meaningful for the Chamber’s economic development team and an important part of the Dallas Regional Chamber’s corporate recruitment platform.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

THE BUSINESS COMMUNITY | MAJOR EXPANSIONS AND RELOCATIONS

SUPPORTING CORPORATE MOVES

ILLINOIS

95


THE BUSINESS COMMUNITY | MAJOR EXPANSIONS AND RELOCATIONS

SAMPLE OF 2013 AND 2014 DALLAS-FORT WORTH RELOCATIONS AND EXPANSIONS 2014 ANNOUNCEMENTS 1 Active Network moves software HQ

18 FedEx Ground builds new distribution

35 National Government Services, a

2

19

36

3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

from San Diego to downtown Dallas bringing 1,000 jobs Amazon.com adds space at Two Galleria Tower in Dallas Amazon hires 500 more workers in Haslet at distribution facility Ameriflight cargo carrier relocates HQ and operations from Burbank to D/FW Airport Applied LNG breaks ground in Midlothian on North Texas’ first LNG production plant Areva Med expands production capabilities in US with new production facility in Plano Garden Ridge rebrands as At Home Group and relocates HQ to Plano with 140 jobs B&P locates new hazardous materials response facility in Cedar Hill Barclays Bank opens technology center at Craig Ranch in McKinney employing 500 Cagney Global Logistics of Denver relocates to Irving Channell Commercial Corp. relocates HQ and manufacturing facility from California to Rockwall bringing 200 jobs Commemorative Air Force relocates HQ to Dallas bringing 30 jobs Coriant transportation logistics firm brings Packet Optical Networking Innovation to Coppell CPD-Mobile wireless equipment firm from Georgia moves HQ to Dallas CSA Group testing and certification services company relocates laboratory to Plano CVE Technology Group moves 1,200 consumer electronics service jobs from New Jersey to Allen e2v inc. technology solutions company leases office space in Richardson

20 21 22 23 24 25 26 27 28 29 30 31 32 33 34

center at Alliance Airport adding 375 jobs Americredit Financial Services expands in Arlington adding 1,000 new jobs Great Lakes Educational Loan Services expands to Plano and plans to hire 140 Imagine Communications media software and networking solutions company moves HQ to Frisco Hilti global construction industry manufacturer moves its headquarters to Plano Hisun Motors Corp. of China selects McKinney for its new US HQ creating 80 jobs Hoefer Wysocki Architecture of Kansas City plans Trammell Crow Center office location in Dallas IBM commits $1.2 billion to expand global cloud footprint with Dallasbased Softlayer In-N-Out announces distribution center in Lancaster adding 70 jobs Intake Studios video production firm based in Kansas expands to the West End in Dallas KONE adds elevator/escalator facility and 80 jobs in Allen Kraft Foods undertakes $84 million expansion in Garland creating 325 jobs L & W Engineering & Stamping opens new manufacturing facility in Garland with 120 new jobs L3 Communications expands aircraft simulation/training operations in Arlington adding 150 jobs LCM Group announces Dallas expansion Magnum Hunter Resources moves to DFW from Houston Monkey Sports Inc online sporting goods retailer brings 200 jobs from California to Allen

37 38 39 40 41 42 43 44

45 46 47 48 49 50 51

medicare contractor, opens facility in Denison with 225 jobs New Tech Systemsm, Inc relocates HQ from Midland to Mansfield bringing 50 jobs Nutribiotech health supplement company based in South Korea lands its US HQ in Garland bringing 200 jobs Omnitracs moves HQ and 450 jobs from San Diego to downtown Dallas Pandora online music streaming service to open in Dallas’ Uptown Paycor expands footprint with regional HQ and 600 jobs in Frisco PennyMac Financial Services commits to expand CentrePort office in Fort Worth to 600 jobs Proctor and Gamble adds distribution center in Wilmer bringing 500 jobs Ruiz frozen Mexican food company announces major expansion and 300 new jobs in Denison Signature Systems Group relocates modular flooring and roadway systems HQ and regional distribution center to Flower Mound Trunk Club men’s apparel firm from Chicago locates major operations in Dallas’ Deep Ellum neighborhood Tower Legal Solutions opens staffing and document review office in Dallas, hiring up to 150 Toyota establishes North American HQ leaving CA for Plano, bringing 4000 jobs UPS opens new distribution facility in McKinney bringing 120 jobs UPS opens distribution facility at Alliance Airport adding 350 jobs Williams-Sonoma lands regional distribution center in Arlington Zoes Kitchen moved HQ from Birmingham to Plano

2013 ANNOUNCEMENTS COMPANY

NUMBER OF JOBS CREATED

52 AAA

200

53 Accudyne Industries

59

BAE Systems

Airbase Services

55

Amazon

56

Associa Inc.

700

63

Ciao Telecom

57 Atlas Copco

115

64

Daegis Inc.

AxoGen

D A L L A S ECONOMIC DEVELOPMENT G U I D E

NUMBER OF JOBS CREATED

300

60 BMW Distribution Center

54

58

96

COMPANY

400 1000

20

61

Borden Dairy

62 Carolina Beverage Group

100 225 65

NUMBER OF JOBS CREATED

COMPANY

65

Dallas Aeronautical Services (DAS)

40

66

Earthlink

67

Hexaware Technologies

68

Highway Intelligent Traffic Systems

69

Home Depot

130

70

Humana

620

SOURCE: DRC Research

150

2015


23

43

DENISON 35

9

81 40 67 21 51 79 47 22 89

28 57 34 16

20 18 3 59

76

44

49 62

75 55 13

10 52 69

25 2

63 14

70 78 84

7 6 15

82 56 17 73 77

11 37 29

87 64

4 41 86

32 53 88 38 45 80 39 27 1 66 46 24

54 31

83

61

30

19 50

12

THE BUSINESS COMMUNITY | MAJOR EXPANSIONS AND RELOCATIONS

48

26 74 60 72

36

58

42

71 8 68 65

5

85

COMPANY

71

idX Corporation, Dallas Division

NUMBER OF JOBS CREATED

100

72 iGPS Logistics 73 iQor

700

74 Johnstone Supply

40

75 Kohl’s Distribution

1000

76 LG Electronics

1100

2015

COMPANY

77

NUMBER OF JOBS CREATED

Navarre Corporation

78 Neovia Logistics Services

83

Standex International

NUMBER OF JOBS CREATED

45

84

Taleris

100

79

NTT Data Inc.

85

TeleTech

400

80

Ozburn-Hessey Logistics

86

Trader Joe’s

200

81

Provident Payment Solutions (Epic Pay)

87 Trend Micro

220

82 SafeGuard Properties

200

COMPANY

90 150

88

UMB Bank

89

USAA IT Center

680

D A L L A S ECONOMIC DEVELOPMENT G U I D E

97


COST OF DOING BUSINESS

SEATTLE (102)

When it comes to doing business, you can’t get much more affordable than Dallas– Fort Worth in comparison to other major metropolitan areas. Thanks to Texas’ business-friendly tax approach, Dallas and Fort Worth both index well below other major U.S. business centers for state and local taxes. In terms of the largest corporate expenses—labor and rent—both Dallas and Fort Worth rank well below other major U.S. markets, making the region an attractive place to expand or relocate major operations. SAN FRANCISCO (115)

DENVER (94)

LOS ANGELES (105) PHOENIX (93) SAN DIEGO (112)

FORT WORTH METRO DIVISION 122 100

91

91

74

68

$

BOSTON

CHICAGO

LOS ANGELES

165 113 120

118 100

105 97

90

$

98

D A L L A S ECONOMIC DEVELOPMENT G U I D E

102

SOURCE: Moody's North American Business Cost Review, 2013

83

92

99

$

130

105 98

100

$

2015


THE BUSINESS COMMUNITY | COST OF DOING BUSINESS

COST OF DOING BUSINESS

100=US AVERAGE

BOSTON (120) MINNEAPOLIS (99) NEW YORK (160) CHICAGO (99)

PHILADELPHIA (105)

THE DALLAS–FORT WORTH REGION HAS ONE OF THE LOWEST COSTS OF DOING BUSINESS AMONG MAJOR METROPOLITAN AREAS.

KANSAS CITY (89)

CHARLOTTE (86) OKLAHOMA CITY (83) ATLANTA (90) FORT WORTH (91) DALLAS (94)

AUSTIN (101) HOUSTON (99) SAN ANTONIO (84)

DALLAS METRO DIVISION 122 100

LABOR

UTILITIES

STATE & LOCAL TAX

94

74

68

$

OVERALL COST

OFFICE

NEW YORK

99

PHILADELPHIA

SAN DIEGO

SAN FRANCISCO

251 260

224

168 110

118

112

128

105 95

1040

2015

$

1040

103 112

105

$

1040

143

115 98

97

84

120

$

1040

100

99

$

D A L L A S ECONOMIC DEVELOPMENT G U I D E

99


CORPORATE BUSINESS CLIMATE COMPARISON

A GREAT PLACE TO DO BUSINESS

The Dallas area is home to a large and diverse array of corporate headquarters and for good reason. Our region has a tremendous set of assets that companies look for when choosing where to base. We have much to sell and our pitch is a good one, especially right now. The U.S. economy and corporations are resetting. The difficult business climates in California, Illinois and other key states are viewed in stark contrast to the operating environment in the Dallas area and in Texas. Leading corporate location magazines (Site Selection and Area Development) have noticed and have named Texas the Top State for doing business.

TEXAS

DALLAS

DFW METRO REGION

TEXAS CORPORATE INCOME TAX RATE 5

0% 1

PERSONAL INCOME TAX RATE 5

0%

FRANCHISE TAX 5

1.0% 2

SALES TAX RATE 5

8.25% 3

RIGHT TO WORK STATE

Yes

STATE LABOR FORCE 6

13,005,442

COST OF DOING BUSINESS 7

90.88

CNBC STATE BUSINESS RANK 8

#2

CEO MAGAZINE BUSINESS CLIMATE RANK 9

#1

COST OF LIVING INDEX 10

95.8 (Dallas)

HOUSING COST INDEX 11

75.4 (Dallas)

AVERAGE PRICE/SQFT FOR CBD OFFICE 12

$24.21 (Dallas)

AVERAGE PRICE/SQFT FOR SUBURB OFFICE 12

$22.29 (Dallas)

AVERAGE PRICE/SQFT FOR INDUSTRIAL 12

$3.97 (Dallas-Fort Worth)

TEXAS 1 0.95% is a temporary permissive alternate rate for report year 2015; temporary permissive alternate rate for taxable entities primarily engaged in retail or wholesale trade is 0.475% of taxable margin for report year 2015; taxable entities with revenues of $1,080,000 or less owe no tax; taxable entities with tax due of less than $1,000 owe no tax 2 The franchise tax rate is 1% of taxable margin. The tax rate is 0.5% of taxable margin for taxable entities primarily engaged in retail or wholesale trade division. A taxable entity can elect to pay the tax at a lower rate depending on type of corporation and file date. 3 The State of Texas sales tax rate 6.25% + local rate up to 2% ALL STATES 5 Source: Thomson Reuters All States Handbook 2015 6 Source: BLS Local Area Unemployment Statistics (LAUS), Not Seasonally Adjusted, December 2014 Data 7 Source: Moody's North American Business Cost Review, 2014 (U.S. Average = 100) 8 Source: CNBC America's Top States for Doing Business, 2014 9 Source: Chief Excecutive Magazine, 2014 10 Source: ACCRA Cost of Living Index, Annual 2014 (US Average = 100) 11 Source: ACCRA Cost of Living Index, Annual 2014 | Index Calculated using a 2,400 SF home with 4 bedrooms & 2 baths (US Average = 100) 12 Source: Jones Lang LaSalle Commercial Real Estate Rents, Q4 2014

100

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


SAN FRANCISCO

MANHATTAN

LOS ANGELES

6,597,478CALIFORNIA

ILLINOIS

NEW YORK

8.84% 1

5.25% 1

7.1% 1

1%-12.3% 2

3.75% 2

4% - 8.82% 2

0%

0.1% 3

.0009%+ 3

10% 3

10.25% 4

8.875% 4

No

No

No

18,726,366

6,509,607

9,487,344

110.58

98.89

107.20

#32

#27

#40

#50

#48

#49

135.1 (Los Angeles)

167.5 (San Francisco)

116.7 (Chicago)

222.6 (Manhattan)

205.1 (Los Angeles)

303.8 (San Francisco)

136.2 (Chicago)

439.5 (Manhattan)

$38.00 (Los Angeles)

$64.91 (San Francisco)

$34.24 (Chicago)

$70.31 (Manhattan-Midtown)

$33.98 (Los Angeles)

$57.20 (San Francisco)

$21.98 (Chicago)

$26.47 (Long Island)

$7.32 (Los Angeles)

$8.71 (Oakland / East Bay)

$4.35 (Chicago)

$10.27 (Long Island)

CALIFORNIA

NEW YORK

1 Special rates for S corporations and financial institutions 2 There is a 1% surcharge on taxable income exceeding $1 million. 3 The California combined state, county and city sales and use tax is 7.5% + up to an additional 2.5% local rate.

1 Rate is for business income base (previously base was entire net income base). Taxpayers pay the highest tax computed on three alternate bases. Tax rate on business income base for qualified New York manufacturers is 0%. 2 The State of New York has a bracketed personal income tax structure with tax rates ranging from 4%-8.82%. For 2012-2017 tax years. 3 Franchise Tax Rate—0.9 mills of subsidiary capital plus the greatest of: (1) 7.1% of net income (lower rate for certain small businesses); (2) 1.78 mills of the corporation’s capital; (3) 1.5% of minimum taxable income; (4) Fixed dollar minimum ranging from $125 up to $5,000 (reduced rates for qualified New York manufacturers. 4 The State of New York sales tax rate is 4% + local rate up to 4.75%. NYC total, 8.875%.

ILLINOIS 1 Corporation Income Tax Rate—5.25% (was 7% prior to January 1, 2015 and 4.8% prior to January 1, 2011). 2 Personal Income tax rate is 3.75% until January 1, 2025 (was 5% prior to January 1, 2015 and 3% prior to January 1, 2011) 3 0.1% (0.15%, 1st time or added paid-in capital) allocated paid-in capital. Min. $25; max. $2 million plus 0.05% 1st time capital. 4 State of Illinois sales tax rate 6.25% + local rate up to 4%

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

THE BUSINESS COMMUNITY | CORPORATE BUSINESS CLIMATE COMPARISON

CHICAGO

101


ADVANCED SERVICES Advanced services traditionally have meant headquarters, but also include financial, professional and technical services ranging from management consulting firms to business insurers, accountants and legal services. Complex technologies and transnational operations have pushed most of the growth in advanced service activities into highly specialized firms and enterprises. This region has an exceptionally large number of these operations and is likely to continue to attract additional companies.

MANAGEMENT, CONTROL AND SUPPORT FUNCTIONS OF CORPORATE ACTIVITIES

35W

820

20

35W

Number of Advanced ServicesBUSINESSES Businesses NUMBER OF ADVANCED SERVICES 11

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

102

D A L L A S ECONOMIC DEVELOPMENT G U I D E

60 60

760760

q

q

q

q

FINANCIAL MANAGERS 11,059 | $58.43

MANAGEMENT ANALYSTS 15,710 | $36.94

MARKET RESEARCH ANALYSTS AND MARKETING SPECIALISTS 10,863 | $31.22

BUSINESS OPERATIONS SPECIALISTS 24,548 | $35.37

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


INDUSTRY CLUSTERS | ADVANCED SERVICES

75 35E

121

190

30

635

183 360 30

12

20 175

67

INDUSTRY

35E

ESTABLISHMENTS

AVG. EMPLOYMENT

TELECOMMUNICATIONS 45 DATA PROCESSING, HOSTING AND RELATED SERVICES

1,020

39,161

334

13,024

FINANCE AND INSURANCE

10,376

210,333

REAL ESTATE

7,490

73,645

PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES

22,411

240,036

TOTAL

41,631

576,199

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

q

q

q

q

q

q

ACCOUNTANTS AND AUDITORS 36,715 | $33.18

FINANCIAL ANALYSTS 8,691 | $36.55

COMPUTER SYSTEMS ANALYSTS 17,056 | $38.74

COMPUTER PROGRAMMERS 11,440 | $37.08

APPLICATIONS SOFTWARE DEVELOPERS 18,636 | $45.16

NETWORK AND COMPUTER SYSTEMS ADMINISTRATORS 12,102 | $38.26

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

103


MANUFACTURING The Dallas–Fort Worth region is often associated with major headquarters, logistics, distribution and supply chain operations. But did you know that the manufacturing industry makes up nearly 10% of the regional economy? 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 that are built here range from boots and clothing to bricks, steel, plastics, and aerospace components. Just a few of the large manufacturing operations in DFW include the General Motors assembly plant in Arlington, Lockheed Martin in Fort Worth, and Texas Instruments in Dallas.

A CORNERSTONE OF THE DFW ECONOMY DFW HAS MORE MANUFACTURING ACTIVITY THAN ANY OTHER METROPOLITAN AREA IN TEXAS SHARE OF STATEWIDE MANUFACTURING EMPLOYMENT BY METRO

ALL OTHER TEXAS METROS

30.0%

DALLAS

29.4%

HOUSTON

SAN ANTONIO

9

AUSTIN

29.3%

5.2%

35

6.1%

MAJOR MANUFACTURING OPERATIONS IN DALLAS-FORT WORTH 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

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

104

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Alcon Laboratories American Eurocopter Bell Helicopter Dal-Tile Corporation Dean Foods Dr Pepper Group Frito-Lay Inc. Fujitsu Network Communications GE Tranportation - Locomotive General Motors L-3 Communications Labinal Inc. Lennox Lockheed Martin Missle & Fire Control Lockheed Martin Aeronautics Madix Mary Kay Inc. Maxim Integrated Products Miller Coors Flextronics Peterbilt Motors Poly-America Raytheon SAFRAN Texas Instruments Triumph Aerostructures TXI

820

15

20

1 19

35W

q

q

q

q

TEAM ASSEMBLERS 25,019 | $11.06

FIRST-LINE SUPERVISORS OF PRODUCTION AND OPERATING WORKERS 12,031 | $25.89

HELPERS — PRODUCTION WORKERS 12,475 | $9.81

INDUSTRIAL MACHINERY MECHANICS 6,226 | $22.42

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


23 75

35E

121

5W

11 11

190

20

25

INDUSTRY CLUSTERS | MANUFACTURING

12

21

8

13 11

25

18

25

23

6 183

3 360

6

10

22 14

24

2

30

26

30

635

7 17

5

12

5

16

4 6

20 175

67 35E

26

Number Advanced Services Businesses NUMBER OFof MANUFACTURING BUSINESSES

45

27

1

INDUSTRY

60

ESTABLISHMENTS

MANUFACTURING

6281

760

AVG. EMPLOYMENT 264,557

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

q

q

q

q

q

q

ELECTRICAL AND ELECTRONIC EQUIPMENT ASSEMBLERS 6,175 | $12.08

MECHANICAL ENGINEERS 6,290 | $42.51

INDUSTRIAL ENGINEERS 5,228 | $42.16

ASSEMBLERS AND FABRICATORS 5,419 | $10.40

PRODUCTION WORKERS 2,443 | $11.87

INDUSTRIAL PRODUCTION MANAGERS 3,175 | $43.86

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

105


FINANCIAL The Dallas–Fort Worth region is a key U.S. financial center, hosting the corporate headquarters of Comerica Inc., as well as call centers for major banks such as Bank of America, Capital One and Fidelity Investments. Major centers for JPMorgan Chase & Co., Citigroup Inc. and Wells Fargo & Co. are also among the top employers in the region. Financial firms are distributed throughout the region, but the biggest concentration is centered in downtown Dallas and its northern suburbs of Addison and Plano. Downtown Fort Worth also has a strong array of financial firms. Dallas is also home to the Federal Reserve Bank of Dallas, one of 12 regional Reserve Banks in the U.S.

THE DFW REGION IS A KEY U.S. FINANCIAL CENTER FINANCIAL COMPANIES IN DALLAS-FORT WORTH 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

Alliance Data Systems Allianz Global Investors U.S. LLC Bank of America BNP Paribas Broadridge Capital One Cash America Citibank Comerica Daimler Financial Services Deutsche Bank Fidelity Investment Ford Motor Credit Co. GM Financial Goldman Sachs Heartland Payment Systems Invesco Jefferies JPMorgan Chase &Co. Merrill Lynch MoneyGram Raymond James Santander Consumer USA Inc. TD Ameritrade UBS Wells Fargo

33 34 35 36 37 38 39 40 41 42 43 44 45 46

ACE AEGON Allied World BlueCross BlueShield AIG Chubb Group of Insurance Companies Cigna Crum & Forster Insurance FM Global Geico Health Spring MetLife New York Life State Farm Swiss Re Torchmark Corporation Travelers 20 United Healthcare USAA Zurich

Number of Advanced ServicesBUSINESSES Businesses NUMBER OF FINANCIAL INDUSTRY 11

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

106

D A L L A S ECONOMIC DEVELOPMENT G U I D E

12 60

170760

q

q

q

q

FINANCIAL MANAGERS 11,059 | $58.43

ACCOUNTANTS AND AUDITORS 36,715 | $33.18

CREDIT ANALYSTS 2,898 | $31.86

FINANCIAL ANALYSTS 8,691 | $36.55

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


35E

121

35W

1

44 35 6 45

33 34 10

3 29 36 26 31 38

5 13

37

8

183

820

41 39 46

635

30

23 25 18 22 2 4 9 21 32 11 17 1519 20

360 30

28 190 40 30 16 43

12 24

27

7 14

INDUSTRY CLUSTERS | FINANCIAL

75

42

12

20 175

INDUSTRY

67

ESTABLISHMENTS

MONETARY AUTHORITIESCENTRAL BANK 35E CREDIT INTERMEDIATION AND RELATED ACTIVITIES

35W

SECURITIES, COMMODITY CONTRACTS AND OTHER FINANCIAL INVESTMENTS AND RELATED ACTIVITIES INSURANCE CARRIERS AND RELATED ACTIVITIES FUNDS, TRUSTS AND OTHER FINANCIAL VEHICLES TOTAL

AVG. EMPLOYMENT

6

1,527

3,563

101,494

2,531

28,836

4,255

78,463

21

13

10,376

210,333

45

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

q

q

q

q

q

q

PERSONAL FINANCIAL ADVISORS 6,993 | $34.38

LOAN OFFICERS 11,870 | $27.79

FINANCIAL SPECIALISTS 4,560 | $28.11

INSURANCE SALES AGENTS 22,064 | $23.05

SECURITIES, COMMODITIES AND FINANCIAL SERVICES SALES AGENTS 10,829 | $32.59

INSURANCE CLAIMS AND POLICY PROCESSING CLERKS 8,437 | $18.27

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

107


LOGISTICS Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub, with quick access to rail, air, and over-the-ground truck transportation. The region is a global inland port with two airports capable of large-scale cargo operations, Dallas-Fort Worth International and Fort Worth Alliance. Major rail logistics hub operations for the two primary western U.S. railroads, Fort Worth–based Burlington Northern Santa Fe Corp. and Union Pacific Corp., tap into major east-west arteries and provide important links to Mexican markets. By truck, distributors can efficiently move products throughout the central part of the United States, reaching 93 percent of the population within 48 hours.

DFW: A GLOBAL INLAND PORT ALLIANCE GLOBAL LOGISTICS HUB The 9,600-acre Alliance Global Logistics Hub is the nation’s premier inland port offering multi-modal transportation options, economic advantages and supply chain services. > Fort Worth Alliance Airport (AFW) – A 100% industrial airport anchored by FedEx

BNSF Intermodal Yard

> BNSF Railway’s Intermodal Facility > BNSF Railway and Union Pacific Class I rail lines

Fort Worth Alliance

> Interstate Highway 35W connects from Mexico to Canada > Foreign-Trade Zone No. 196 > U.S. Customs and Border Protection > Transload facilities immediately adjacent to intermodal yard planned > Container yard planned

INCENTIVES

Fort Worth Meacham International

> Located within the 17,000-acre AllianceTexas development

FOREIGN-TRADE ZONES (FTZs) provide duty-free or deferred payment of goods processed at plants engaged in international trade. The DFW area currently has four FTZs. Under a new approval, the six-county DFW area (Dallas, Tarrant, Collin, Denton, Grayson and Rockwall counties) 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 foreign-trade zone 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.

For the fourth consecutive year, Alliance Foreign-Trade Zone #196 ranked as the top General Purpose Foreign-Trade Zone in the United States in terms of the value of foreign goods admitted.

Centennial Yard

LEGEND PRE-DESIGNATED FOREIGN TRADE ZONE “MAGNET SITES”

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

COMPANY/SITESPECIFIC 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

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

108

D A L L A S ECONOMIC DEVELOPMENT G U I D E

q

q

q

q

LABORERS AND FREIGHT, STOCK AND MATERIAL MOVERS 69,013 | $10.95

HEAVY AND TRACTORTRAILER TRUCK DRIVERS 47,000 | $18.26

STOCK CLERKS AND ORDER FILLERS 43,120 | $10.98

TEAM ASSEMBLERS 25,019 | $11.06

SOURCES: DFW Airport; Hillwood Development Company LLC; Prime Pointe, North Central Texas Council of Governments; EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


INDUSTRY CLUSTERS | 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

Union Pacific Rail Yard Union Pacific Rail Yard -GM

Union Pacific Miller Intermodal Facility

DALLAS COUNTY INLAND PORT 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 Dallas Intermodal Terminal

> Unsurpassed access to Interstates 20, 35 and 45 Lancaster Regional Airport

> Large acreage sites for manufacturing and distribution > Heavy redundant electricity > Lancaster Airport (306 acres) > 360-acre Union Pacific Intermodal Terminal (DIT)

Railport

> Planned BNSF Intermodal facility > Foreign Trade Zone availability > Inland Port of Pre-clearance > Triple Freeport availability

Union Pacific Rail Yard

> Located in Southern Dallas County, Prime Pointe is a 3,000-acre master-planned development for manufacturing and distribution.

SOURCE: 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

q

q

q

q

q

q

SHIPPING, RECEIVING AND TRAFFIC CLERKS 18,087 | $13.74

LIGHT TRUCK OR DELIVERY SERVICES DRIVERS 17,754 | $13.96

PACKERS AND PACKAGERS, HAND 16,003 | $9.25

INDUSTRIAL TRUCK AND TRACTOR OPERATORS 12,510 | $13.31

INSPECTORS, TESTERS, SORTERS, SAMPLERS, AND WEIGHERS 12,052 | $16.52

TRANSPORTATION, STORAGE AND DISTRIBUTION MANAGERS 3,064 | $44.19

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

109


INDUSTRY CLUSTERS | LOGISTICS

FUTURE INDUSTRIAL DEVELOPMENT NORTH FORT WORTH POWERHOUSE Twenty-five years ago, Ross Perot Jr. and his team at Hillwood kicked off development of the world’s first industrial airport, Fort Worth Alliance. Anchored by a robust industrial base, it has since evolved into AllianceTexas, an 18,000-acre mixed-use development that sprawls from North Fort Worth into Haslet, Roanoke, and Westlake. Through 2013, AllianceTexas has generated a local economic impact of $50.6 billion. In the last 18 months alone, Hillwood has secured more than 6 million square feet of industrial leases to LG Electronics, Amazon, Flextronics, Carolina Beverage, Heritage Bag Co., Saddle Creek Logistics, Walmart.com, and other tenants.

DATA Source: Xceligent Inc., a commercial real estate research firm in partnership with NTCAR

SOUTHERN DALLAS COUNTY: HOT CORRIDOR For years, North Texas developers have predicted an industrial boom for southern Dallas. With the confluence of Interstates 20, 35, and 45 and intermodal hubs, it made perfect sense. Now the vision is finally becoming a reality. Major tenants like Kohl’s, L’Oreal, Quaker, BMW, and Home Depot have already staked a claim. Millions of square feet of space are under construction or in the planning stages.

SAMPLE OF DEVELOPERS OPERATING IN SOUTHERN DALLAS COUNTY:

CenterPoint Properties Duke Realty Corp. Hillwood Holt Lunsford Commercial IDI Gazeley IndCor Properties KTR Capital Partners Majestic Realty Co.

110

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Mountain Creek Investments Panattoni Prime 45 Development Prologis Ridge Development Seefried Properties Trammell Crow Co. Weeks Robinson Properties

2015


FIND THE PEOPLE YOU NEED IN BURLESON, TEXAS ◆ Adjacent to south Fort Worth on Interstate 35W ◆ Skilled workforce of more than 650,000 within

25 minute drive ◆ Progressive government with aggressive incentives ◆ Industrial property available and affordable ◆ Join the thriving industrial community of HighPoint Business Park ◆ Speed-to-market with integrated staff process

ECODEV@BURLESONTX.COM ◆ 817-426-9684 ◆ WWW.BURLESONTXEDC.COM

METAL MANUFACTURING

AIRCRAFT MANUFACTURING

MOTOR VEHICLE MANUFACTURING

19,000

20,200

4,800

NAICS 331-333

JOBS IN 2014

NAICS 3364

JOBS IN 2014

NAICS 3361

JOBS IN 2014

Source: EMSI, Tarrant and Johnson Counties

THE STATE OF THE MARKET

The Real Estate Review is the only quarterly magazine exclusively focused on a lay of the land view of the commercial real estate market in North Texas. It’s the latest power player in town from the Dallas Regional Chamber, The Real Estate Council, and D Custom, a division of D Magazine Partners.

HERE ARE JUST A FEW OF THE THINGS YOU’LL FIND IN EVERY ISSUE: 5 ANATOMY OF A DEAL

Go deep and get all the details that everyone wants to know about the hottest developments in town. 5 THE CRANE REPORT Want the inside scoop on all the new developments? This visual map of projects lets you see all the biggest projects in Dallas-Fort Worth at a glance. 5 ROUNDTABLE DISCUSSION In each issue, the biggest names in Dallas real estate discuss a different segment of the local market. 5 FOUNDATIONS Facts and figures that provide valuable market insight. 5 SCORECARD Track the latest sales and lease transactions to keep your finger on the pulse of the market and forecast how it will affect your business.

2015

AVAILABLE IN PRINT AND DIGITAL. WWW.DFWREALESTATEREVIEW.COM To advertise, contact Publisher Quincy Curé Preston at 214.523.5215 or quincy.preston@dcustom.com.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

111


HIGH TECH Dallas led the nation into the new era of information and communication technologies in 1958 with Nobel Laureate Jack Kilby’s invention of the microchip at Texas Instruments. These are the very technologies that enable many of the core activities and processes in the global economy. The technology industry in the DFW region encompasses four general categories: manufacturing, information services, professional technical services and bio-life sciences. The region’s activity in key emerging technologies such as nanotech, wireless and broadband telecommunications and medical, bio and life sciences is gaining increasing recognition.

DFW HAS THE 6 TH LARGEST CONCENTRATION OF HIGH-TECH JOBS IN THE U.S.

427,377 338,656 322,259 228,129 220,827 216,886 215,954 211,651

TOP FABLESS SEMICONDUCTOR COMPANIES WITH OPERATIONS IN DFW Diodes Inc. (Plano) Micron Technology (Allen) NVIDIA (Richardson) ON Semiconductor Corp (Plano) RF Micro Devices (Richardson) STMicroelectronics (Coppell)

Alcatel-Lucent ( Plano) AT&T (Dallas) BlackBerry (Irving) Cisco Systems (Richardson) Ericsson (Plano) Fujitsu Network Communications (Richardson) GENBAND (Frisco, Plano) Goodman Networks (Plano) Huawei Technologies (Plano) MetroPCS (Richardson) NEC Corporation (Irving) Nokia (Dallas, Irving) Nokia Solutions and Networks (Irving) Raytheon (McKinney, Dallas, Plano) Rockwell Collins (Richardson) Samsung Telecommunications (Richardson, Coppell) Verizon Communications (Irving, Richardson) ZTE (Richardson) TOP ELECTRONIC INSTRUMENT COMPANIES WITH OPERATIONS IN DFW

186,857

BAE Systems (Fort Worth) DRS Technologies (Dallas) Elbit Systems (Fort Worth) Emerson Process Management (McKinney) Garrett Electronics (Garland) Honeywell (Richardson) Invensys Controls (Plano) Megger Group (Dallas)

DFW

32%

HOUSTON

32%

AUSTIN

13%

TOP COMPUTER SYSTEMS & SOFTWARE COMPANIES WITH OPERATIONS IN DFW NTT Data (Plano) HP Enterprise Services (Plano) IBM (Dallas) Siemens PLM Software (Plano) Microsoft (Irving) Dell Services (Plano) Oracle (Dallas) Accenture (Dallas) Raytheon (Garland, McKinney) Xerox (Dallas) SAP AG (Irving) Computer Sciences Corp (Dallas) Capgemini (Dallas) L-3 Communications (Rockwall) TEKsystems (Irving) Infosys (Plano) Cognizant (Irving) TOP CLOUD SERVICES & DATA CENTER COMPANIES WITH OPERATIONS IN DFW AT&T (Dallas) HP Enterprise Services (Plano) Verizon Terremark (Irving) Verio (NTT Communications) (Dallas) IBM (Dallas) Amazon.com (Dallas/Fort Worth) Fujitsu Ltd. (Richardson) Cisco Systems (Allen, Richardson) Xerox (Dallas) SAVVIS (CenturyLink) (Dallas) ADP (Dallas) Level 3 Communications (Dallas) Equinix (Dallas) XO Communications (Dallas) CyrusOne (Cincinnati Bell) (Carrollton) Rackspace Hosting (Dallas) TOP ONLINE SERVICES COMPANIES WITH OPERATIONS IN DFW Amazon.com (Coppell, Haslet) Expedia (Hotels.com) (Dallas) IAC/InteractiveCorp (Match.com, Chemistry.com) (Dallas) SuperMedia/DEX One (Superpages.com) (Irving) Sabre Holdings (Travelocity) (Southlake)

6%

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

112

Creation Technologies (Plano) Maxim Integrated Products (Dallas) Texas Instruments (Dallas, Plano, Richardson) TriQuint Semiconductor (Richardson)

202,658

METRO SHARE OF HIGH-TECH JOBS IN TEXAS

SAN ANTONIO

TOP SEMICONDUCTOR & SEMICONDUCTOR MACHINERY MANUFACTURERS WITH OPERATIONS IN DFW

TOP TELECOM COMPANIES WITH OPERATIONS IN DFW

2014 HIGH-TECH EMPLOYMENT

NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA WASHINGTON-ARLINGTONALEXANDRIA, DC-VA-MD-WV LOS ANGELES-LONG BEACHANAHEIM, CA BOSTON-CAMBRIDGENEWTON, MA-NH CHICAGO-NAPERVILLEELGIN, IL-IN-WI DALLAS-FORT WORTHARLINGTON, TX SAN FRANCISCO-OAKLANDHAYWARD, CA HOUSTON-THE WOODLANDSSUGAR LAND, TX SEATTLE-TACOMABELLEVUE, WA SAN JOSE-SUNNYVALESANTA CLARA, CA

THE INFORMATION AGE WAS BORN IN DFW

D A L L A S ECONOMIC DEVELOPMENT G U I D E

q

q

q

q

COMPUTER SYSTEMS ANALYSTS 17,056 | $38.74

SYSTEMS SOFTWARE DEVELOPERS 15,080 | $46.35

COMPUTER NETWORK SUPPORT SPECIALISTS 7,153 | $33.97

MECHANICAL ENGINEERS 6,290 | $42.51

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


1

17

1

88

60

INDUSTRY CLUSTERS | HIGH TECH

Number of TECH Advanced Services Businesses NUMBER OF HIGH INDUSTRY BUSINESSES

75 35E

760

121

35W

190

820

30

635

183 360 30

12

20

20 175

67

HIGH-TECH MANUFACTURING INDUSTRY

SEMICONDUCTOR MACHINERY MANUFACTURING

BIO SCIENCES35E& MEDICAL TECHNOLOGY ESTABLISHMENTS 35W

AVG. EMPLOYMENT

INDUSTRY

ESTABLISHMENTS 45

AVG. EMPLOYMENT

7

223

BASIC CHEMICAL MANUFACTURING

15

175

PHARMACEUTICAL AND MEDICINE MANUFACTURING

53

4,508

COMPUTER AND ELECTRONIC PRODUCT MANUFACTURING

467

40,924

MEDICAL EQUIPMENT AND SUPPLIES MANUFACTURING

241

5,751

AEROSPACE PRODUCT AND PARTS MANUFACTURING

103

30,852

SCIENTIFIC RESEARCH AND DEVELOPMENT SERVICES

272

4,777

SUB-TOTAL

592

72,175

SUB-TOTAL

629

17,010

OPTICAL INSTRUMENT AND LENS MANUFACTURING

INFORMATION SERVICES

63

1,975

PROFESSIONAL-TECHNICAL SERVICES

INDUSTRY

ESTABLISHMENTS

SOFTWARE PUBLISHERS TELECOMMUNICATIONS

AVG. EMPLOYMENT

ESTABLISHMENTS

AVG. EMPLOYMENT

8,688

ENGINEERING SERVICES

1,307

23,606

1,020

39,161

TESTING LABORATORIES

167

2,364

13,024

COMPUTER TRAINING

60

438

COMPUTER SYSTEMS DESIGN AND RELATED SERVICES

5,173

59,897

SUB-TOTAL

6,707

86,306

TOTAL FOR ALL SECTORS

9,712

237,767

DATA PROCESSING, HOSTING AND RELATED SERVICES

334

INTERNET PUBLISHING AND BROADCASTING AND WEB SEARCH PORTALS

160

1,403

1,784

62,276

SUB-TOTAL

INDUSTRY

270

q

q

q

q

q

q

COMPUTER NETWORK ARCHITECTS 4,965 | $46.90

ELECTRICAL ENGINEERS 5,104 | $42.80

AEROSPACE ENGINEERS 3,949 | $47.05

COMPUTER HARDWARE ENGINEERS 3,493 | $49.15

INDUSTRIAL ENGINEERING TECHNICIANS 2,315 | $27.61

SEMICONDUCTOR PROCESSORS 854 | $16.00

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

113


HEALTH CARE XXXXXXXXX XXXXXXX

Health industry companies are located throughout the Dallas–Fort Worth region, making it easy for themtem to tap into a broad BUga. Icilign imagnihic andebit base of skilled employees. health entempore dest dist erum,The conet ut fugit care industry in genihit DFW is more than health evel ipis volendi aturias atatem hit care it is also qui manufacturing, auditservices; re iniscil laudam, te molum eum research and goodsexcepel distribution. The quo ommoluptiunt mint quam, activities cluster other, volum eumoften quatem ute around sandigeeach ntorro creating a synergy within thefuga. health care idicides desequassit, sequat community.

82 ACUTE CARE HOSPITALS AND NUMEROUS OTHER MAJOR MEDICAL CENTERS

30

NEARLY 20,000 BEDS SERVING THE DFW REGION

SERVICES

ESTABLISHMENTS

HEALTH CARE AND SOCIAL ASSISTANCE

18,472

HOME HEALTH EQUIPMENT RENTAL PHARMACIES AND DRUG STORES

3

AVG. EMPLOYMENT 35W

350,335

32

489

1,099

11,550

OTHER HEALTH AND PERSONAL CARE STORES

398

2,623

OPTICAL GOODS STORES

220

1,323

76

1,291

20,297

367,610

RESEARCH AND DEVELOPMENT IN BIOTECHNOLOGY SUB-TOTAL

GOVERNMENT

ESTABLISHMENTS

AVG. EMPLOYMENT

ADMINISTRATION OF PUBLIC HEALTH PROGRAMS

33

15,508

SUB-TOTAL

33

15,508

INSURANCE HEALTH CARE SYSTEMS IN DFW

22

ESTABLISHMENTS

DIRECT HEALTH AND MEDICAL INSURANCE CARRIERS

58

SUB-TOTAL

58

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

18

AVG. EMPLOYMENT

8,459 8,459 820

23

7 NOT-FOR-PROFIT SYSTEMS > > > > > > >

Baylor Scott and White Health Texas Health Resources Methodist Health System Parkland Health & Hospital System JPS Health Network UT Southwestern Hospital System Children’s Medical Center

14 12 17 4 7 8

20

15

2 NATIONAL FOR-PROFIT SYSTEMS > HCA North Texas > Tenet Healthcare Corporation

27

28 PHYSICIAN-OWNED AND INDEPENDENT HOSPITALS

35W

1 MAJOR VETERANS HOSPITAL 4 NATIONAL HEADQUARTERS IN DFW > > > >

Tenet Healthcare Corporation Legacy Hospitals Cirrus Health CHRISTUS Health System

26

NumberOF of LIFE Advanced Services Businesses NUMBER SCIENCES BUSINESSES 11

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

114

D A L L A S ECONOMIC DEVELOPMENT G U I D E

4 60

14760

q

q

q

q

REGISTERED NURSES 56,529 | $34.13

NURSING ASSISTANTS 23,652 | $11.91

LICENSED PRACTICAL AND LICENSED VOCATIONAL NURSES 18,010 | $22.69

DENTAL HYGIENISTS 4,391 | $36.70

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


MAJOR HOSPITALS 1 2 3 4 5

21

6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

35E 121

75

16 13

24

190

29

24 25 26 27

25

5 3

75

19

28 29 30 31

635

28

112 6

360

SOURCE: 2013 Annual Survey of Hospitals, Texas Department of State Health Services

30

1 9

30

Baylor University Medical Center . . . . . . . . . . . . . . . . . . . . 1079 Parkland Memorial Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . 968 Texas Health Presbyterian Hospital Dallas. . . . . . . . . . . . 888 Texas Health Harris Methodist Hospital Fort Worth . . . 726 Medical City Dallas (includes Medical City Children’s Hospital). . . . . . . . . . . . 668 Children’s Medical Center of Dallas . . . . . . . . . . . . . . . . . . . 591 Baylor All Saints Medical Center at Fort Worth. . . . . . . . 574 John Peter Smith Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . . 537 Methodist Dallas Medical Center . . . . . . . . . . . . . . . . . . . . . 515 Dallas VA Medical Center . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 488 UT Southwestern Medical Center. . . . . . . . . . . . . . . . . . . . . 459 Cook Children’s Medical Center . . . . . . . . . . . . . . . . . . . . . . . 433 Medical Center of Plano . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 429 Texas Health Arlington Memorial Hospital . . . . . . . . . . . . 369 Medical Center of Arlington . . . . . . . . . . . . . . . . . . . . . . . . . . 342 Texas Health Presbyterian Hospital Plano . . . . . . . . . . . . 338 Plaza Medical Center of Fort Worth. . . . . . . . . . . . . . . . . . . 320 Baylor Regional Medical Center at Grapevine . . . . . . . . . .314 Baylor Medical Center at Irving . . . . . . . . . . . . . . . . . . . . . . . 293 Methodist Charlton Medical Center . . . . . . . . . . . . . . . . . . . 285 Medical Center of McKinney . . . . . . . . . . . . . . . . . . . . . . . . . . 260 Texas Health Presbyterian Hospital Denton . . . . . . . . . . 255 Texas Health Harris Methodist Hospital Hurst-Euless-Bedford . . . . . . . . . . . . . . . . . . . . . . 234 Baylor Medical Center at Carrollton. . . . . . . . . . . . . . . . . . . 232 Baylor Medical Center at Garland . . . . . . . . . . . . . . . . . . . . . 227 Texas Health Huguley Hospital . . . . . . . . . . . . . . . . . . . . . . . 223 Texas Health Harris Methodist Hospital Southwest Fort Worth . . . . . . . . . . . . . . . . . . . . . . 222 Doctors Hospital at White Rock Lake . . . . . . . . . . . . . . . . . 218 Methodist Richardson Medical Center . . . . . . . . . . . . . . . . 209 Denton Regional Medical Center. . . . . . . . . . . . . . . . . . . . . . 208 Dallas Regional Medical Center . . . . . . . . . . . . . . . . . . . . . . . 202

31

MANUFACTURING

ESTABLISHMENTS

PHARMACEUTICAL AND MEDICINE MFG.

12

175 LABORATORY INSTRUMENT MFG. ANALYTICAL

10 67

20

35E

20

45

IRRADIATION APPARATUS MFG.

AVG. EMPLOYMENT

53

4,508

5

577

7

22

MEDICAL EQUIPMENT AND SUPPLIES MFG.

241

5,751

SUB-TOTAL

306

10,858

20

WHOLESALE TRADE

ESTABLISHMENTS

MEDICAL, DENTAL AND HOSPITAL EQUIPMENT AND SUPPLIES MERCHANT WHOLESALERS

AVG. EMPLOYMENT

407

5,035

35

1,353

DRUGS AND DRUGGISTS' SUNDRIES MERCHANT WHOLESALERS

315

7,450

SUB-TOTAL

757

13,837

21,451

416,272

OPHTHALMIC GOODS MERCHANT WHOLESALERS

TOTAL FOR ALL SECTORS

q

q

q

q

q

q

MEDICAL AND CLINICAL LABORATORY TECHNOLOGISTS 4,042 | $28.65

SURGICAL TECHNOLOGISTS 3,020 | $21.62

OCCUPATIONAL THERAPISTS 2,487 | $42.95

MEDICAL AND HEALTH SERVICES MANAGERS 5,244 | $44.38

MEDICAL RECORDS AND HEALTH INFORMATION TECHNICIANS 4,363 | $17.50

PHYSICIAN ASSISTANTS 1,496 | $45.92

2015

INDUSTRY CLUSTERS | HEALTH CARE

(with more than 200 beds) . . . . . . . . . . . . . . . . . NUMBER OF BEDS

D A L L A S ECONOMIC DEVELOPMENT G U I D E

115


LIFE SCIENCES

SAMPLE OF THE LIFE SCIENCES COMPANIES IN DFW Abbott Laboratories Access Pharmaceuticals Inc. Alcon AmerisourceBergen Drug Corporation Atrion Corporation Avail Medical Products, Inc. Bledsoe Brace Systems Brady Precision Converting, LLC Cardinal Health 200, Inc. Caris Diagnostics, Inc. Dallas Pathology Associates Inc. DFB Pharmaceuticals Essilor USA Galderma Laboratories L.P. GlaxoSmithKline Hanger Orthopedic Group, Inc. Healthpoint, Ltd. Humanetics II International, Inc. Kendall Healthcare Products Kimberly-Clark Corporation MacuClear Med Fusion, LLC Medtronic Mitas Rex Mentor Texas L.P. Middlebrook Pharmaceuticals Inc.

More than 900 firms employing more than 23,000 people make up the life sciences industry in the Dallas–Fort Worth region. DFW’s life sciences industry is dominated by pharmaceutical and medicine manufacturers, such as Alcon Inc. and Essilor of America Inc. Medical equipment and supplies, and scientific research and development innovation 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.

CORE STRENGTHS BRAIN RESEARCH, NEUROLOGY & NEUROSURGERY 7 DFW Institutes / Centers are focused on brain research. Nationally, UT Southwestern and Baylor Scott & White rank 22 and 40, in neurology and neurosurgery. CANCER RESEARCH Two cutting edge Proton Therapy Cancer Treatment facilities will open in DFW in 2016 joining only eleven other centers across the U.S. Mary Crowley Cancer Research Centers 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.

Mobile Diagnostic Systems MRI Medical Inc. Natural Like Dental Inc. NCH Corporation-Chemsearch Division Nurse Assist, Inc. Omni Hearing Systems OraMetrix Inc. Orchid Cellmark Inc. 35W Orthofix Osteomed L.P. Oxysure Systems, Incorporated Pathologists Bio Medical Lab Prestige Ameritech, Ltd. Professional Clinical Laboratory, Inc. Quest Diagnostics Incorporated Quest Medical Inc. RBC Life Sciences Inc. Reata Pharmaceuticals Retractable Technologies, Inc. Royal Baths Manufacturing Co Inc. St. Jude Medical Stryker Imaging Corporation Technologies, LLC Texas Pharmaceutical Research, L.P. Texel Industries United Surgical Partners

820

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 Texas Scottish Rite Hospital Spinal System manufactured and marketed by Medtronic is the most widely used implant system in the world for spinal deformity. Children’s Medical Center Dallas is one of only 14 national pediatric research centers sanctioned by the National Institutes of Health. Children’s Medical Center Dallas-Texas Scottish Rite Hospital ranked 5th in the country for Pediatric Orthopedics.

20

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.

20

WELLNESS The Cooper Institute and Clinic Longitudinal Study is one of the most highly referenced databases on physical fitness and health in the world.

35W

UT SOUTHWESTERN UT Southwestern Medical Center ranks among the top academic medical centers in the world, training nearly 4,600 students, residents, and postdoc fellows each year. UT Southwestern claims fi ve Nobel Prize recipients; 20 members of the National Academy of Sciences; and has received over $1 billion in National Institutes of Health (NIH) funding since 2007. REGIONAL PARTNERSHIPS Major participants and competitors in the sector collaborate within initiatives including the DFW Hospital Council, Health Industry Council, Dallas Medical Resources, and the Teaching Hospital Forum. The North Texas Accountable Healthcare Partnership (NTAHP), designated as the regional health information exchange (HIE) entity is located in Arlington.

116

D A L L A S ECONOMIC DEVELOPMENT G U I D E

q

q

q

q

CHEMISTS 736 | $25.95

DIAGNOSTIC MEDICAL SONOGRAPHERS 1,550 | $33.61

OPHTHALMIC LABORATORY TECHNICIANS 1,424 | $12.11

PHARMACISTS 5,947 | $58.43

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015

P


THE DFW REGION IS ON THE CUTTING EDGE OF DEFINING NEW RESEARCH TRENDS AND OPPORTUNITIES IN LIFE SCIENCES. > CPRIT’s goal is to expedite innovation and commercialization in the area of cancer research while positioning Texas as a worldclass leader in research and prevention.

35E 121

> 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.

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.

190

INDUSTRY CLUSTERS | LIFE SCIENCES

MAKING MORE OF LIFE

> 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. Over $230 million granted to institutions in DFW since 2009.

635 183

75

360 30

30 INDUSTRY

12

45 67

4 60

1,975

PHARMACEUTICAL AND MEDICINE MANUFACTURING

53

4,508

MEDICAL EQUIPMENT AND SUPPLIES MANUFACTURING

241

5,751

SCIENTIFIC RESEARCH AND DEVELOPMENT SERVICES

272

4,777

MEDICAL LABORATORIES

189

4,065

DIAGNOSTIC IMAGING CENTERS TOTAL

192

3,378

1,010

24,453

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

14760

q

q

q

q

q

PHARMACY TECHNICIANS 8,158 | $16.09

ENVIRONMENTAL SCIENTISTS AND SPECIALISTS 1,707 | $33.66

MEDICAL SCIENTISTS 2,165 | $24.45

CHEMICAL ENGINEERS 443 | $43.36

BIOMEDICAL ENGINEERS 567 | $59.42

2015

AVG. EMPLOYMENT

63

20

35E

NumberOF of LIFE Advanced Services Businesses NUMBER SCIENCES BUSINESSES 11

ESTABLISHMENTS

BASIC CHEMICAL 175 MANUFACTURING

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

D A L L A S ECONOMIC DEVELOPMENT G U I D E

117


DFW’S ECONOMIC ENGINE

AVIATION AND AEROSPACE The Dallas–Fort Worth area is among the nation’s top regions for aviation and aerospace activity. The region is headquarters to two mainline airlines, American Airlines Inc. and Southwest 35E Airlines Co., and regional jet operator (and 35W American Airlines partner) American Eagle Inc. Both American and Southwest operate major maintenance bases here, creating a strong foundation of aviation employment. Aerospace is a key source of economic strength for the region, comprising more than 900 companies and accounting for one of every six jobs in North Texas. 820 Lockheed Martin Corp., whose F-16 and F-35 Joint Strike Fighters are the region’s 30 flagship product, and Bell Helicopter 360 Textron are the largest aerospace 35W employers, with more than 26,400 20 employees between them.

35E 35W

121

190

75 30

183 12 635

175

20 67 45

820

35E

30

AVIATION-AEROSPACE EMPLOYMENT CLUSTERS

360

20

35E 35W

121

35W

190

75 30

183

820

12 635

30 360

20 35W

175

20 67

Number of Advanced ServicesEMPLOYEES Businesses NUMBER OF AVIATION - AEROSPACE

45 35E

50 1

118

750 60

D A L L A S ECONOMIC DEVELOPMENT G U I D E

9700760

q

q

q

q

AEROSPACE ENGINEERS 3,949 | $47.05

ELECTRICAL ENGINEERS 5,104 | $42.80

ELECTRONICS ENGINEERS 5,149 | $43.64

MECHANICAL ENGINEERS 6,290 | $42.51

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

2015


MAJOR AEROSPACE COMPANIES

190

75

LINE OF BUSINESS

A.E. Petsche Co.

Aerospace electrical equipment

Alliant Techsystems, Inc.

Missile electronics, space propulsion units

American Airlines / AMR Corporation

Air transportation

American Eurocopter LLC

Aircraft parts and equipment

Applied Aerodynamics, Inc

Maintenance & repair services

Aviall Inc

Parts distribution and maintenance

BAE Systems Controls Inc.

Aircraft parts and equipment

Bell Helicopter Textron Inc.

Helicopters, Aircraft parts and equipment

Boeing Company

Commercial and military aircraft

Bombardier Aerospace Corp.

Aviation services

CAE, Inc.

Vocational school

Chromalloy Component Services, Inc.

Aircraft parts and equipment

Cooperative Industries Aerospace

Aircraft engines and engine parts

Dallas Airmotive

Aircraft engine repair

EFW Inc.

Aircraft and helicopter repair

Federal Aviation Administration

Regulation, administration of transportation

Federal Express Corp.

Air cargo services

General Dynamics Ordnance and Tactical Systems

Aircraft and military components

Gulfstream Aerospace Corporation

Corporate jets and modification

Honeywell International, Inc.

Aircraft parts and equipment

L-3 Communications Corporation

Aircraft parts and equipment

Lockheed Martin Corporation

Aircraft, missiles, military programs

Mayday Manufacturing Co.

Aircraft parts and equipment

Million Air Dallas

Charter & nonscheduled services

Pratt & Whitney

Aircraft parts and equipment

Ranger Aerospace LLC.

Aviation services

Raytheon Co.

Aircraft parts and equipment

Regent Aerospace

Maintenance & repair services

Reliant Worldwide Plastics

Plastic components for aerospace

Rockwell Collins, Inc.

Communications and aviation electronics

Southwest Airlines Co.

Air transportation

TAESL

Aircraft engine repair

Texas Air Composites, Inc.

Maintenance & repair services

Triumph Aerostructures, LLC (Vought Aircraft Industries Inc)

Aircraft parts and equipment

Turbomeca USA, Inc.

Repair services

Weatherford Aerospace, Inc.

Aircraft parts and equipment

30 183

12

635

175

20

67

AVIATION-AEROSPACE EMPLOYMENT SECTORS

45

INDUSTRY

ESTABLISHMENTS

SEARCH, DETECTION & NAVIGATION

35E

Number of Advanced ServicesBUSINESSES Businesses NUMBER OF AVIATION - AEROSPACE 11

4 60

INDUSTRY CLUSTERS | AVIATION AND AEROSPACE

121

COMPANY

17

3,783

AEROSPACE PRODUCT & PARTS MFG.

103

30,852

AIR TRANSPORTATION

129

33,775

SUPPORT ACTIVITIES FOR AIR TRANSPORTATION

231

8,296

SATELLITE TELECOMMUNICATIONS

13

124

FLIGHT TRAINING

44

1,563

537

78,393

TOTAL

14760

AVG. EMPLOYMENT

SOURCE: 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

q

q

q

q

q

AEROSPACE ENGINEERING AND OPERATIONS TECHNICIANS 528 | $25.73

AIRCRAFT MECHANICS AND SERVICE TECHNICIANS 4,255 | $26.57

AIRCRAFT STRUCTURE, SURFACES, RIGGING AND SYSTEMS ASSEMBLERS 2,695 | $23.87

ASSEMBLERS AND FABRICATORS 5,419 | $10.40

MACHINISTS 7,347 | $17.08

2015

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

D A L L A S ECONOMIC DEVELOPMENT G U I D E

119


TELECOMMUNICATIONS

THE DFW AREA IS A CRUCIAL U.S. CENTER FOR TELECOMMUNICATIONS FIRMS

PHOTO: CITY OF RICHARDSON

Dallas–Fort Worth is a crucial U.S. center for telecommunications firms. The bulk of them are located along the “Telecom Corridor” that stretches north of downtown Dallas through its suburbs of Richardson and Plano. The industry’s biggest names call the DFW region home, among them North American headquarters for Ericsson, Inc., AlcatelLucent and Samsung Telecommunications America. New York–based Verizon Communications maintains a major business unit here employing some 14,000 workers in the area.

CROSSROADS OF COMMUNICATIONS

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 high-tech business concentrations in the United States. Various telecommunications industries are represented in the area, including:

20

> Carriers/service providers > Telecom equipment manufacturers

AT&T CALLS DALLAS HOME In 2008, AT&T, the nation’s largest telecom company, moved its headquarters to downtown Dallas.

120

D A L L A S ECONOMIC DEVELOPMENT G U I D E

> Consulting firms > Wireless communications companies > Photonics/optics networking firms Companies located here include AT&T, Fujitsu, Cisco Systems, Verizon, Samsung Mobile and MetroPCS.

q

q

q

q

COMPUTER AND INFORMATION SYSTEMS MANAGERS 7,480 | $62.36

COMPUTER SYSTEMS ANALYSTS 17,056 | $38.74

SYSTEMS SOFTWARE DEVELOPERS 15,080 | $46.35

NETWORK AND COMPUTER SYSTEMS ADMINISTRATORS 12,102 | $38.26

SOURCE: EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employedrnal

2015


INDUSTRY CLUSTERS | TELECOMMUNICATIONS

75 35E

121

35W

190

183

820

30

635

360 30

12

20 175

67 INDUSTRY

ESTABLISHMENTS

COMMUNICATIONS 35E EQUIPMENT MANUFACTURING SEMICONDUCTOR AND OTHER ELECTRONIC COMPONENT MANUFACTURING

35W

TELECOMMUNICATIONS

Number of Advanced ServicesBUSINESSES Businesses NUMBER OF TELECOMMUNICATIONS

DATA PROCESSING, HOSTING AND RELATED SERVICES TOTAL

11

4 60

39760

87

8,930

45 186

21,066

1020

39,161

334

13,024

1,627

82,181

SOURCE: 2014.3-QCEW Employees, Non-QCEW Employees and Self-Employed

q

q

q

q

q

COMPUTER NETWORK ARCHITECTS 4,965 | $46.90

COMPUTER HARDWARE ENGINEERS 3,493 | $49.15

TELECOMMUNICATIONS LINE INSTALLERS AND REPAIRERS 3,563 | $24.58

RADIO, CELLULAR AND TOWER EQUIPMENT INSTALLERS AND REPAIRS 784 | $18.30

SEMICONDUCTOR PROCESSORS 854 | $16.00

2015

AVG. EMPLOYMENT

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

D A L L A S ECONOMIC DEVELOPMENT G U I D E

121


CONNECTING TO THE WORLD

DATA CENTERS Dallas–Fort Worth is located in a near-perfect geographic region for IT hosting and data center operation from the Central Time Zone: the workday is extended for companies operating on both coasts. DFW’s temperate climate and low risk of natural disaster help minimize construction and operation costs. It’s no coincidence that Dallas–Fort Worth is considered a major Internet “peering point.” Both 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 has some of the lowest power rates for large industrial users.

DFW IS A TOP 5 U.S. MARKET FOR DATA CENTERS. MAJOR U.S. INTERNET PEERING POINTS

SEATTLE

NEW YORK CITY CHICAGO WASHINGTON, D.C.

SAN FRANCISCO

LOS ANGELES

ATLANTA

LOCATION

DALLAS / FORT WORTH

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.

HOME TO 40 FORTUNE 1000 COMPANIES

LOW POWER COSTS

AVAILABILITY OF NETWORK PROVIDERS

Dallas-Fort Worth has some of the lowest energy costs per kWh compared to other metros in the U.S.

One of the highest accumulated network provider hubs in the world – 3 major carrier hotels (400 S. Akard, 2323 Bryan, 1950 Stemmons)

MAP: ERCOT

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.

122

MIAMI

D A L L A S ECONOMIC DEVELOPMENT G U I D E

TYPICAL LARGE INDUSTRIAL POWER RATES

TOP 10 CARRIERS LOCATED IN DFW

2014 POWER RATE (per kWh)

CITY

New York City San Francisco Los Angeles Washington D.C. Chicago Atlanta Miami Dallas Seattle

The numerous network providers operating in North Texas ensure redundancy and the concentration of fiber access and total bandwidth guarantees low latency.

$0.23 $0.12 $0.12 $0.11 $0.07 $0.08 $0.07 $0.09 $0.06

AT&T Verizon Sprint Level3 Zayo XO Cogent Centurylink Time Warner Cable Time Warner Telecom

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.

q

q

q

q

COMPUTER AND INFORMATION SYSTEMS MANAGERS 7,480 | $62.36

COMPUTER SYSTEMS ANALYSTS 17,056 | $38.74

INFORMATION SECURITY ANALYSTS 2,901 | $40.76

COMPUTER PROGRAMMERS 11,440 | $37.08

SOURCES: Dallas Regional Chamber research, EMSI, 2014.3-QCEW Employees, Non-QCEW Employees and SelfEmployed;Dallas Business Journal; LES National Electric Survey; CBRE; Databank.

2015


1600 Plano Parkway Ltd 2020 Live Oak AIG Allied Marketing Group, Inc Ally Financial Alpha Data Center Alpheus Fort Worth Ameritrade Asset Acquisition LLP Associated Solutions, Inc AT&T Atos Aurum Technology, Inc Austin Consolidated Holdings, Inc Bank of America Blue Cross Blue Shield of Texas Broadridge Financial Solution C I Host Dallas Carrier-1 Cassiopeia Internet Dallas (Constellate) Cisco Systems, Inc Citigroup Club Billing Services, Inc Cogent Collin County Data Processing Colo4 Cologix ColoGuys ColoMart Comcast Corp Companion Data Services, LLC. Computer Sciences Corp (CSC) CoreSpace, Inc CoreXchange Countrywide

INDUSTRY CLUSTERS | DATA CENTERS

Data Centers Data Centers Clusters

Dallas-Fort Worth is home to data centers of all types and sizes that specialize in various activities from internet hosting for multiple clients to large IT services for one Co. The list below includes a sample of both colocation and enterprise data centers in the region.

121

35W 35E 190 75

635 183 12

30

30 360

820

175

20 45

35W

Crescent Processing Co, LP Crestside Facilities Corp Cuban Cyberverse CyrusOne DCI Technology Holdings, LLC Dallas Data Center Data Specialists, Inc DataBank Dataflow Services Dedico Dell Services Delm2, Inc Digital Realty Trust Duggan Realty Advisors EarthLink - Dallas Data Center Enterhost Equinix Espenel, Inc External It USA, Inc Family Friendly Mall Co Fausset Neely Inc First Data Corp Fiserv, Inc Fossil Creek Land Partners Global IP Networks

GNAX Graphics Microsystems, Inc H5 Colo Health Care Services (BCBS) Horizon Data Center Solutions, LLC Dallas HP Enterprise Services, LLC Ignite Technologies, Inc IKON Office Solutions, Inc Input of Texas, Inc Internap International Business Machines Corp International Capital JP Morgan Janimation, Inc Kaneb Information Services, Inc LBJ Data Center Level 3 Limestone Networks Lincoln Rackhouse M&A Technology MBNA Technology, Inc Mix Telematics North America, Inc MMC Group, LP Nationwide Internet

NaviSite Dallas ND ITG (Clearview) Negma Business Solutions, Inc NeoSpire, Inc Pearson Group Capital Management Pilgrim’s Pride Plano ITG Pro Web Design ProHosting Quality Technology Services Rackspace Rapid Reporting Verification Co, LP Regulus Group, LLC SHL Corp Savvis Communications SecureOne Data Solutions, LLC Serverphase.com Simba Ventures Plano LTD Skyrise Properties SoftLayer SourceHOV Statement Systems, Inc Stratus Computer, Inc Stream Data Centers SunGard

Switch & Data Dallas T5 Data Centers, LLC TEL-X Dallas TLCurban TNA North America tw telecom The Blackstone Group The Cambay Group The Planet TierPoint Texas, LLC Time Warner Telecom Unified Infrastructure Services Unifocus LP Union Datacom Universal Cadworks, Inc Vazata VeriCenter Verizon ViaWest Viceroy Investments Washington Mutual Waymark Communications Xerox XO Communications zColo

DATA CENTER SALES AND USE TAX EXEMPTION A data center exemption applies to state sales and use tax on certain items necessary and essential to the operation of a qualified data center. The program provides 100% exemption of sales taxes on business personal property essential to data center operations. This property includes items such as computers, electrical equipment, cooling

systems, power infrastructure and software. The sales tax exemption may be available for 10 to 15 years and can be accessed by owners and tenants in single- or multi-tenant data center properties. To qualify for the sales tax exemption, the data center must meet the following minimum requirements:

> Consist of at least 100,000 square feet of gross building area in an entire of portion of a facility > Capital investment of at least $200 million over a five-year period > Create 20 new direct jobs > Pay wages equivalent to at least 120% of the county average

q

q

q

q

q

SYSTEMS SOFTWARE DEVELOPERS 15,080 | $46.35

NETWORK AND COMPUTER SYSTEMS ADMINISTRATORS 12,102 | $38.26

COMPUTER NETWORK ARCHITECTS 4,965 | $46.90

COMPUTER NETWORK SUPPORT SPECIALISTS 7,153 | $33.97

COMPUTER HARDWARE ENGINEERS 3,493 | $49.15

2015

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

D A L L A S ECONOMIC DEVELOPMENT G U I D E

123


HOSPITALITY The Dallas–Fort Worth region has a robust hospitality infrastructure that can handle meetings and convention events of all sizes and types, whether it’s an annual meeting for a major national association or a shortlead executive board meeting that needs 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, making it an efficient destination for meetings that require travel from points throughout the United States. Downtowns in both Dallas and Fort Worth, each just half an hour from the airport, offer major convention facilities with flexible space as well as robust entertainment and lodging amenities at any price point.

DFW IS THE MOST VISITED METROPOLITAN AREA IN TEXAS

OVER 280,000 PEOPLE ARE EMPLOYED IN THE HOSPITALITY INDUSTRY IN THE DFW AREA, AMONG THOUSANDS OF EMPLOYERS.

MAJOR ANNUAL EVENTS AND ATTENDANCE EVENT

ATTENDANCE

STATE FAIR OF TEXAS

2,855,949

FORT WORTH STOCK SHOW & RODEO

1,137,100

ADDISON KABOOM TOWN

500,000

ADOLPHUS CHRISTMAS PARADE

400,000

METROPCS DALLAS MARATHON

273,000

GRAPEFEST

262,000

MARTIN LUTHER KING, JR. DAY PARADE AND FESTIVAL

250,000

FORT WORTH MAYFEST

225,000

SCARBOROUGH FAIRE

200,000

DUCK COMMANDER 500 - NASCAR SPRINT CUP SERIES

159,200

MAJOR HOTELS AND RESORTS

AAA TEXAS 500 - NASCAR SPRINT CUP SERIES

146,000

GREENVILLE AVENUE ST. PATRICK'S DAY PARADE

125,000

Adolphus Hotel Crowne Plaza Dallas - Downtown Crowne Plaza Dallas - Galleria Dallas Marriott City Center Dallas/Addison Marriott Quorum by the Galleria D/FW Airport Marriott Hotel North Fairmont Dallas Four Seasons Resort and Club Gaylord Texan Resort & Convention Center Great Wolf Lodge of Grapevine Hilton Anatole Hotel Hilton Dallas Lincoln Centre Hilton DFW Lakes Executive Conference Center Holiday Inn Select North Dallas Galleria Area Homewood Suites by Hilton - Dallas Market Center Hotel Indigo Dallas Downtown Hyatt Regency Dallas Hyatt Regency DFW Hyatt Regency North Dallas InterContinental Dallas Marriott Dallas Plano at Legacy Town Center Marriott Fairfield Dallas Market Center NYLO Hotels – Dallas NYLO Hotels – Las Colinas NYLO Hotels – Plano Omni Dallas Hotel at Park West Omni Fort Worth Hotel Omni Mandalay Hotel at Las Colinas Omni Dallas Convention Center Hotel Renaissance Dallas Hotel The Ritz-Carlton, Dallas Rosewood Crescent Hotel Sheraton Arlington Hotel Sheraton Dallas Hotel Sheraton Dallas North Sterling Hotel Dallas Westin Galleria Dallas The Westin Park Central Worthington Renaissance Fort Worth Hotel Wyndham Dallas Love Field

DALLAS BLOOMS

115,000

124

D A L L A S ECONOMIC DEVELOPMENT G U I D E

AT&T RED RIVER SHOWDOWN

96,000

MEGAFEST 2013

75,000

AT&T COTTON BOWL

71,464

ADDISON OKTOBERFEST

70,000

RICHARDSON WILDFLOWER FESTIVAL

65,000

TASTE OF DALLAS

60,000

NORTH TEXAS IRISH FESTIVAL

51,000

TURKEY TROT

36,820

DALLAS INTERNATIONAL FILM FESTIVAL

33,000

20

RECENT MAJOR CONVENTIONS AND THEIR ECONOMIC IMPACT JEHOVAH'S WITNESSES

$43,032,663

AMERICAN CHEMICAL SOCIETY

$32,132,012

MARY KAY, INC.

$32,084,950

INTERNATIONAL ASSOCIATION OF FIRE CHIEFS

$31,915,589

JEHOVAH'S WITNESSES

$31,161,778

NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN

$21,758,711

NATIONAL BAPTIST CONVENTION OF THE USA, INC.

$21,576,822

TEXAS ASSOCIATION OF SCHOOL ADMINISTRATION / TEXAS ASSOCIATION OF SCHOOL BOARDS

$18,673,756

AMERICAN NURSES ASSOCIATION

$13,302,285

AMBIT ENERGY

$4,513,242

q

q

q

q

GENERAL AND OPERATIONS MANAGERS 54,741 | $51.79

MARKETING MANAGERS 4,081 | $57.97

SALES MANAGERS 9,495 | $58.48

FOOD SERVICE MANAGERS 7,178 | $19.14

SOURCES: 2014.3 – QCEW Employees, Non-QCEW Employees, and Self-Employed

2015


30

INDUSTRY CLUSTERS | HOSPITALITY

22 21

121 35W

35E 75

16 13

24

190 29

18

25

5 3

820

183

23

30

635 28

19

112 6

12

1

31

9

30 14 12 17 4 7 8

10

15 27

20

175

26

35E

67 MEETING AND EXHIBITION FACILITIES INDUSTRY:

35W

ACCOMMODATION AND FOOD SERVICES

OTHER CIVIC AND CONVENTION SITES

1

The Kay Bailey Hutchison Convention Center

12

Addison Conference Centre

2

Hilton Anatole Hotel

13

Allen Event Center

45

3

Music Hall at Fair Park

14

Arlington Convention Center

ESTABLISHMENTS

AVG. EMPLOYMENT

4

Gaylord Texan Resort and Convention Center

15

Denton Expo Center

12,208

296,663

5

Fort Worth Convention Center

16

Frisco Conference Center

6

Sheraton Dallas Hotel

17

Hurst Conference Center

7

Dallas Market Hall

18

8

Hyatt Regency Dallas at Reunion

Irving Convention Center at Las Colinas

9

Will Rogers Memorial Center

19

Plano Convention Centre

20

Richardson Civic Center

Number Services Businesses NUMBERof OFAdvanced HOSPITALITY BUSINESSES 11

10 60

q CHEFS AND HEAD COOKS 1,945 | $20.32

2015

112760

q FIRST-LINE SUPERVISORS OF FOOD PREPARATION AND SERVING WORKERS 21,507 | $14.30

10

InterContinental Dallas

11

Omni Dallas Hotel

q CUSTOMER SERVICE REPRESENTATIVES 78,043 | $15.17

q HOTEL, MOTEL AND RESORT DESK CLERKS 4,683 | $9.74

LEGEND: OCCUPATION JOBS | MEDIAN HOURLY EARNINGS

D A L L A S ECONOMIC DEVELOPMENT G U I D E

125


OFFICE CLUSTERS Office space is concentrated in key areas, including downtown Dallas and Fort Worth, along the Interstate 35-E, North Central Expressway and Dallas North Tollway corridors between downtown Dallas and its northern suburbs, and in Irving’s Las Colinas master-planned development. The Dallas–Fort Worth office market slowed with the economic recession, but like many other parts of the regional economy, didn’t reach the depths of market weakness experienced in other major U.S. metropolitan areas. As a result, the market is expected to recover more quickly than elsewhere in the nation.

DFW COMMERCIAL OFFICE SPACE:

ATTRACTIVE RENTS WITH AN ABUNDANCE OF CHOICES The DFW region offers a multitude of options for companies looking to operate here. From multi-tenant 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 for corporate activities.

LARGEST OFFICE PARKS SQUARE FEET

NUMBER OF BUILDINGS

1

Las Colinas

25,386,087

2

Legacy

15,500,000

215 52

3

Centreport Business Park

14,900,000

113

4

Mercantile Center

5,493,127

46

5

Dallas Market Center

4,727,739

3

6

Alliance Texas

3,997,065

35

7

Park Central

3,765,935

14

8

Galatyn Park

3,739,550

16

9

Victory Park

3,500,000

13

10

Sundance Square

3,000,000

40

11

Hall Office Park

2,200,000

16

12

Galleria Office

2,123,713

5

13 The District of Hardwood

2,000,000

6

14 Solana Office Park

1,783,689

15

15 Mercer Crossing

1,751,630

9

16

1,586,132

3

17 Quorum

1,558,050

15

18 Granite Park

1,492,830

7

19

Lincoln Centre

Riverbend Properties

1,406,846

32

20 International Business Park

1,350,000

11

21 Enterprise Business Park

1,300,000

9

22

Plano Gateway

1,300,000

10

23

Regent Center

1,300,000

9

24

The Campus at Legacy

1,200,000

3

25

Colonnade

1,079,181

3

26

Twin Creeks Business Park

952,000

31

917,267

6

27 Parkway Centre

887,303

5

29 Campbell Centre

28

The Offices of Austin Ranch

873,036

4

30

819,000

10

Convergence

31

Millenium Technology Park

758,399

10

32

Cedar Hill Business Park

564,676

10

33

Royal Bridge Office Park

505,948

5

34 Duke Bridges

445,000

3

35

Arapaho Business Park

388,761

18

36

Intellicenter Dallas

200,045

1

37

Allen Central Park

200,000

5

38

Point West

182,700

1

39

Cedar Ridge Office Park

158,525

7

SOURCE: Dallas Business Journal, CBRE, Oct. 3, 2014

126

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


COMMERCIAL REAL ESTATE | OFFICE CLISTERS

35E 121

FAR NORTH DALLAS

34 11 24 2 28 2718 20

35W

LEWISVILLE/DENTON

26 37 31 21 75

RICHARDSON/PLANO

30 14

6

39

25 17 12

38

33 23 36

8 35

15

7

LBJ FREEWAY CENTRAL PRESTON EXPRESSWAY CENTER

16

LAS COLINAS

1

29

635

NORTH FORT WORTH STEMMONS FREEWAY

3

4

820

NORTHEAST 19 FORT WORTH

22

13 9

5

DALLAS CBD

MID-CITIES

EAST DALLAS

30

10

FORT WORTH CBD 20

SOUTHWEST DALLAS

287

360

45 35E

SOUTH FORT WORTH

32

MARKET VIEW

MAJOR OFFICE BUILDING/PARK

35W

MARKET

NET RENTABLE AREA SF

DIRECT VACANCY RATE (%)

AVG ASKING LEASE RATE

CENTRAL EXPRESSWAY

11,442,714

19.0%

$21.53

DALLAS CBD

28,945,394

23.8%

$21.42

3,817,856

14.0%

$15.51

38,360,653

14.0%

$21.70

9,438,193

14.8%

$26.27

EAST DALLAS FAR NORTH DALLAS FORT WORTH CBD LAS COLINAS

30,027,716

17.1%

$22.36

LBJ FREEWAY

19,696,437

25.7%

$18.38

4,633,447

16.4%

$18.64

15,739,212

16.0%

$17.56

LEWISVILLE/DENTON MID CITIES NORTH FORT WORTH

1,286,830

3.2%

$18.58

NE FORT WORTH

1,838,438

18.6%

$16.81

3,860,276

9.2%

$32.08

20,671,623

14.3%

$19.19

PRESTON CENTER RICHARDSON/PLANO SOUTH FORT WORTH

6,789,325

7.7%

$19.55

SW DALLAS

1,665,033

10.0%

$15.52

STEMMONS FREEWAY

10,007,113

28.4%

$13.56

UPTOWN/TURTLE CREEK

10,371,340

28.4%

$33.75

218,591,600

17.3%

$20.68

MARKET TOTALS SOURCE: CBRE Office Real Estate Market Report, 4Q 2014 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

127


INDUSTRIAL CLUSTERS Industrial space is distributed throughout the Dallas–Fort Worth region, with concentrations in Fort Worth’s Alliance Texas development, Dallas / Fort Worth International Airport, Arlington, Garland, Grand Prairie, Coppell and along the Interstate 35-E corridor between Dallas and Lewisville. The market for industrial space is showing signs of strengthening. Limited new construction is providing the breathing room that the market needs in order for it to catch up from vacancies during the recession. Market watchers credit the strength of the regional economy, its low taxes and its low 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 over-the-ground truck transportation.

LARGEST INDUSTRIAL PARKS TOTAL SQUARE FEET

1

Great Southwest Industrial Park

82,227,215

2

Alliance Texas (Industrial)

28,287,599

3

Valwood Business Park

26,424,782

4

CentrePort Business Park (Industrial)

14,750,000

5

Pinnacle Industrial Center

7,075,825

6

Railhead Industrial Park

6,550,000

7

Carter Industrial Park

5,500,000

8

Turnpike Distribution Center

5,018,307

9

International Commerce Park

4,731,200

10 Mercantile Center (Industrial)

4,052,292

11 Six Flags Business Park

4,000,000

12

RiverPark Business Park

3,846,971

13

Fossil Creek Business Park

3,635,215

14 Freeport North

3,611,048

15

3,544,055

DFW Trade Center

16 Ennis Industrial Rail Park

3,529,409

17

2,950,000

Arlington South Industrial Park

18 Mountain Creek Business Center

2,900,000

19

Frankford Trade Center

2,877,134

20

Sentry Industrial Park

2,750,000

21

Waters Ridge Business Park

2,700,000

22

RailPort Industrial Park

2,500,000

23 Lakeside Trade Center

2,238,072

24

Northlake Business Center

2,186,000

25

Stellar Way Business Park

2,175,997

26

Point West

2,106,550

27 ProLogis 20/35

2,100,000

28

1,903,951

Austin Ranch Distribution Center

29 Grand Lakes

1,815,430

30

Skyline Business Park

1,645,624

31

Stoneridge Business Park

1,620,097

32

Trinity Mills

1,424,669

33

Riverbend Business Park

1,406,850

SOURCE: Dallas Business Journal, DRC Research

128

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


35W

COMMERCIAL REAL ESTATE | INDUSTRIAL CLUSTERS

NORTHWEST DALLAS 35E

121

28 24

21

32 19

23 2

14 9 26 15

NORTH FORT WORTH

NORTHEAST DALLAS

3

DFW AIRPORT

30 75

13 10

6

820

4 12

25

33 1

29

11

5

SOUTH DALLAS

18 7

287

30

8

30

SOUTH FORT WORTH

635

SOUTH STEMMONS

GREAT SOUTHWEST/ 17 ARLINGTON

31

EAST DALLAS

27 35E

20

20

45

35W

22

MAJOR INDUSTRIAL BUILDING/PARK

16

MARKET VIEW MARKET

AVERAGE ASKING LEASE RATE TOTAL VACANCY RATE (%)

INDUSTRIAL

FLEX

DFW AIRPORT

5.50

$4.85

$7.65

EAST DALLAS

8.00

$4.09

$5.80

GREAT SW/ARLINGTON

5.10

$4.29

$7.12

NORTH FORT WORTH

5.60

$3.99

$9.26

NORTHEAST DALLAS

7.90

$4.24

$7.50

NORTHWEST DALLAS

7.60

$4.34

$7.02

10.20

$3.09

$6.00

SOUTH FORT WORTH

4.60

$3.60

$5.78

SOUTH STEMMONS

4.60

$4.65

$8.29

MARKET TOTALS

6.80

$4.12

$8.11

SOUTH DALLAS

SOURCE: CBRE Industrial Real Estate Market Report, 4Q 2014 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

129


DeSoto Chamber of Commerce

Kohl’s E-Commerce Center 951,480 SF – Completed 2012

1650 & 1700 LAKESIDE PKWY

ECONOMIC INCENTIVES

www.southfieldpark35.com

Interchange Distribution Center is a heavily incentivized site with Real Property Abatement up to 90% for years 1-10 and Business Personal Property Abatement up to 90% for years 1-10 followed by up to 75% for years 11-12. There is potential for Freeport Exemption. Located amongst a deep and dependable labor pool and there is a Skills Development Fund Grant, on behalf of the Texas Workforce Commission.

ed industrial park oto, Texas

26,320 SF available

ABOUT KTR CAPITAL PARTNERS KTR Capital Partners is a full-service real estate investment, development and operating company focused exclusively on the industrial property sector. KTR has an 80 person platform that manages a series of discretionary value-add investment funds that target opportunities throughout major markets DW Distribution in North America. KTR funds currently own a portfolio of approximately 65 million square feet across Door Fabrication Plant & Warehouse North America and provide nearly $7.0 billion of investment capacity. Since 1997, KTR has developed 500,000 SF – Completed 1Q 2014 nearly 25 million square feet of speculative and build-to-suit industrial projects. In addition, KTR owns and controls land positions in North American major markets that can support approximately 7 million SF of additional development. FOR MORE INFORMATION PLEASE CONTACT:

Dave Anderson Executive Vice President O: 214.979.6500 C: 214.533.9009 dave.anderson@cbre.com

© 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

MULTIPLE CONFIGURATIONS POSSIBL

Southfield Park 35 1.1 Million SF – 1Q 2015

BUIL Solar Turbines – Caterpillar 45,000 SF – 1Q of 2016 Rendering

le Road | DeSoto, Texas 75115

:

Interchange Distrib 675,000 SF and 874 Up to 1.6 Million SF


PAID ADVERISEMENT

| FLOWER MOUND, TX

THE DESOTO DIFFERENCE

bution Centers 4,500 SF F Build-To-Suit

DISCOVER HOW COST-SAVING INCENTIVES CAN MAKE DESOTO, TEXAS THE

LE

BEST PLACE FOR YOUR BUSINESS.

DeSoto Heliport – 35,000 SF Opened August 2014

LDING 3

Crossroads Trade Center 948,392 SF - Build-To-Suit

DeSOTO, TX - EAGLE BUSINESS & INDUSTRIAL PARK continues to thrive, as evidenced by site pads going vertical along with several recent facility and workforce expansions. Located 15 minutes south of downtown Dallas, DeSoto’s competitive advantage lies in a great business park location, excellent transportation access, low-cost shovel-ready land with existing space inventory, a skilled workforce and development plans that ensure our partners achieve maximum return on investment. In addition, DeSoto offers a wide variety of competitive incentives to help your business grow and prosper. Eagle Business & Industrial Park offers more than 400 acres for industrial and commercial development. Our probusiness leadership is dedicated to making your siteselection search easy and your investment in DeSoto a success.

• INDUSTRIAL STRENGTH • STRATEGIC LOCATION • QUALITY DEFINED • ALL-AMERICA CITY®

For more information, contact Jeremiah Quarles at 972-230-9611

www.dedc.org

DESOTO ECONOMIC DEVELOPMENT CORPORATION 211 E. PLEASANT RUN RD. DESOTO, TX 75115


RETAIL CLUSTERS The DFW region has extensive retail development, with 16 centers or malls that have more than 1 million square feet of space or more. Most major retail brands are represented, with developments focused on the largest population centers.

DALLAS’ WEST WILLAGE

LIVE, WORK AND PLAY The development of higher density, mixed-use centers offers unique opportunities to both businesses and residents of the Dallas–Fort Worth region. Examples include:

DFW RETAIL CENTERS

OPPORTUNITIES AT EVERY INTERSECTION

LARGEST RETAIL CENTERS SQUARE FEET

1

Northpark Center

2,000,000

2

Northeast Mall

1,649,019

3

Stonebriar Centre

1,600,000

4

The Parks At Arlington

1,500,000

5

Grapevine Mills Mall

1,440,000

6

Galleria

1,420,000

7

Southwest Center Mall

1,390,000

8

The Shops At Willow Bend

1,380,000

9

Ridgmar Mall

1,270,000

10

Town East Mall

1,250,000

11

Collin Creek Mall

1,120,000

12 Vista Ridge Mall

1,110,000

13 La Gran Plaza

1,100,000

14 Irving Mall

1,053,000

15

The Villages at Allen

1,000,000

16

The Villages at Fairview

1,000,000

17

Six Flags Mall

975,000

18 Hulen Mall 19

940,000

Firewheel Town Center

904,755

20 Arlington Highlands

900,000

21 West 7th

840,424

22

Southlake Town Square

840,680

Mockingbird Station - Dallas

23

Golden Triangle Mall

766,000

West Village - Dallas

24 Centre At Preston Ridge

730,000

25 Alliance Town Center

700,000

26 Uptown Village at Cedar Hill

615,000

27 The Shops at Park Lane

600,000

Victory Park - Dallas Southside on Lamar - Dallas Park Lane Place - Dallas Montgomery Plaza - Fort Worth Museum Place - Fort Worth

NATIONAL RETAIL FEDERATION - TOP RETAILERS IN DFW

Sundance square - Fort Worth

RANK

COMPANY

Legacy Town Center - Plano

34

J.C. Penney

Plano

$11,789,000

35

7-Eleven

Dallas

$11,625,000

Rockwall Commons - Rockwall

48

Army Air Force Exchange

Dallas

$8,640,000

Midtowne - Midlothian

51

AT&T Wireless

Dallas

$8,347,000

70

GameStop

Grapevine

$6,108,000

86

Neiman Marcus

Dallas

$4,648,000

90

Michaels Stores

Irving

$4,132,000

98

Brinker International

Dallas

$3,746,000

Frisco Town Square - FRISCO Addison Circle - Addison

Southlake Town Square - Southlake Parker Square - Flower Mound In addition, historic downtowns are being redeveloped into attractive regional destinations, including downtowns in Plano, McKinney, Denton, Carrollton and Grapevine.

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: 2014 top 100 Retailers, National Retail Federation

HEADQUARTERS

2014 USA RETAIL SALES

2015


75

16 15

24 NORTH CENTRAL DALLAS 3

35W

8

11

12 SUBURBAN FORT WORTH

5

22

WEST DALLAS

25

6

NEAR NORTH DALLAS 1 27

14

2

820

MID-CITIES

21 CENTRAL FORT WORTH

9

17

10

CENTRAL DALLAS

30

635

EAST DALLAS OUTLYING 20

4 20

13

18

19

COMMERCIAL REAL ESTATE | RETAIL CLUSTERS

FAR NORTH DALLAS

23

7 26 SOUTHWEST DALLAS

SOUTHEAST DALLAS 45

35E

35W

SOUTHWEST OUTLYING

MAJOR RETAIL CENTERS

MARKET VIEW NET RENTABLE AREA SF

CENTRAL DALLAS CENTRAL FORT WORTH EAST DALLAS OUTLYING

VACANT SF

TOTAL OCCUPANCY RATE

AVERAGE LEASE RATES

9,082,276

460,829

94.90

$20.21

23,662,009

2,173,835

90.80

$10.41

3,482,829

141,894

95.90

$19.95

FAR NORTH DALLAS

53,443,582

5,289,946

90.10

$14.99

MID-CITIES

50,397,194

3,322,796

90.80

$10.41

NEAR NORTH DALLAS

20,879,785

1,241,169

94.10

$14.66

NORTH CENTRAL DALLAS

30,314,475

2,127,570

93.00

$15.43

SOUTHEAST DALLAS

13,186,023

924,261

93.00

$11.37

SOUTHWEST DALLAS

17,070,389

1,635,201

90.40

$11.57

SUBURBAN FORT WORTH

21,816,257

1,512,047

93.10

$11.86

WEST DALLAS

30,076,169

2,410,095

92.00

$13.74

273,410,988

21,239,643

92.20

$13.81

MARKET TOTALS SOURCE: CBRE Retail Real Estate Market Report, 4Q 2014 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

133


TAXES AND UNION ACTIVITY

SALES TAX RATE STATE: 6 1/4% (0.0625) CITY: 1/4% (0.0025) - 2% (0.02), depending on local option rate

Rising business costs and constrictive regulatory environments raise the risks and costs to a business. Stability of the political, economic and legal systems is vital for success. The tax burdens and labor requirements imposed on businesses create barriers to market entry and real estate development. Texas is a low-tax, business-friendly state attracting large numbers of companies from all over the United States and globally due to the low cost of doing business. As a “right-towork” state, Texas places high in favorable tax climate rankings while the Dallas–Fort Worth metro area exhibits extremely low union activity. The Dallas–Fort Worth area’s favorable business climate focuses on reducing the costs and risks of doing business.

COUNTY: 1/2% (0.0025) - 1 1/2% (0.015), depending on local option rate TRANSIT: 1/4% (0.0025) - 1% (0.01), depending on local option rate SPECIAL PURPOSE DISTRICTS: 1/8% (0.00125) - 2% (0.02), depending on local option rate

DFW COMMUNITIES SALES TAX SAMPLE CITY

STATE RATE

CITY RATE

OTHER RATE

OTHER TYPE

TOTAL RATE

PLANO

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

T EXAS

UNION ACTIVITY IN SELECTED METROS

TEXAS FRANCHISE TAX

ATLANTA

4.5%

PHOENIX

6.2%

DALLAS

6.6%

HOUSTON

6.6%

MIAMI

6.9%

KANSAS CITY

9.3%

DENVER

9.9%

SAN DIEGO

13.6%

∫ 1.0% (0.01) of margin for most taxable entities

BOSTON

13.7%

∫ 0.5% (0.005) for qualifying wholesalers and retailers

MINNEAPOLIS

14.2%

PHILADELPHIA

14.7%

LOS ANGELES

14.8%

DETROIT

15.8%

CHICAGO

16.2%

SEATTLE

17.8%

SAN FRANCISCO

18.0%

NEW YORK

22.2%

0%

Applicable to any legal entity that is chartered/ organized in Texas or doing business in Texas such as corportations, partnerships and business associations. The tax does not apply to sole proprietorships, general partnerships with individual owners, nonprofits, or entities with $1 million in gross reciepts or less.

TEXAS FRANCHISE TAX RATES

∫ 0.575% (0.00575) for those entities with $10 million or less in Total Revenue (annualized per 12-month period on which the report is based) More information is available by contacting the Texas Comptroller of Public Accounts at 1-800-252-1381 or visiting http://www.window.state.tx.us/taxinfo/ franchise/

5%

10%

15%

% EMPLOYED WORKERS COVERED BY COLLECTIVE BARGAINING AGREEMENTS

20%

25%

TEXAS DOES NOT COLLECT ∫ 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, 2014

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D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


COUNTIES

RATE

Collin (CCD) Dallas (CCD, HD, SET) Denton Tarrant (CCD, HD, WD)

$0.319460 $0.663875 $0.272200 $0.661397

CITIES Addison Allen Anna Argyle Arlington Aubrey Azle Balch Springs Bartonville Bedford Benbrook Blue Mound Blue Ridge Burleson Carrollton Cedar Hill Celina Cockrell Hill Colleyville Coppell Copper Canyon Corinth Crowley Dallas Dalworthington Gardens Denton DeSoto Double Oak Duncanville Edgecliff Village Euless Everman Fairview Farmers Branch Farmersville Flower Mound Forest Hill Fort Worth Frisco Garland Glenn Heights Grand Prairie

$0.561800 $0.540000 $0.649000 $0.397500 $0.648000 $0.588482 $0.668000 $0.803000 $0.270067 $0.494830 $0.657500 $0.750000 $0.589522 $0.740000 $0.615375 $0.698760 $0.645000 $0.811657 $0.355900 $0.606490 $0.297505 $0.594890 $0.696829 $0.797000 $0.262739 $0.689750 $0.757400 $0.224810 $0.758447 $0.305216 $0.467500 $1.255205 $0.359999 $0.602267 $0.785736 $0.439000 $0.996054 $0.855000 $0.460000 $0.704600 $0.795000 $0.669998

Grapevine Haltom City Haslet Hickory Creek Highland Park Highland Village Hurst Hutchins Irving Justin Keller Kennedale Krugerville Krum Lake Dallas Lake Worth Lakeside Lancaster Lavon Lewisville Little Elm Lowry Crossing Lucas Mansfield McKinney Melissa Mesquite Murphy North Richland Hills Northlake Oak Point Pantego Parker Pelican Bay Pilot Point Plano Ponder Princeton Prosper Richardson Richland Hills River Oaks Roanoke Royse City Rowlett Sachse Saginaw Sanger Sansom Park Seagoville Shady Shores

$0.332439 $0.699990 $0.292785 $0.401367 $0.220000 $0.439000 $0.606000 $0.710907 $0.594100 $0.660000 $0.437190 $0.747500 $0.389450 $0.647489 $0.701929 $0.467828 $0.379260 $0.867500 $0.455700 $0.436086 $0.664970 $0.229777 $0.320661 $0.710000 $0.583000 $0.610000 $0.640000 $0.550000 $0.610000 $0.295000 $0.573000 $0.420000 $0.350984 $0.898499 $0.644349 $0.488600 $0.563485 $0.721800 $0.520000 $0.635160 $0.528094 $0.850351 $0.375120 $0.677100 $0.747173 $0.770819 $0.510000 $0.679500 $0.704741 $0.713800 $0.314625

Southlake Sunnyvale The Colony Trophy Club University Park Van Alstyne Watauga Westlake Westworth Village White Settlement Wilmer Wylie

$0.462000 $0.407962 $0.672500 $0.490000 $0.269790 $0.612639 $0.591216 $0.156340 $0.492000 $0.690660 $0.436600 $0.878900

SCHOOLS Aledo ISD $1.425200 Allen ISD $1.640000 Anna ISD $1.540000 Argyle ISD $1.570050 Arlington ISD $1.348110 Aubrey ISD $1.510000 Azle ISD $1.203000 Birdville ISD $1.435000 Bland ISD $1.516300 Blue Ridge ISD $1.597500 Burleson ISD $1.540000 Carroll ISD $1.400000 CarrolltonFarmers Branch ISD $1.303300 Castleberry ISD $1.399700 Cedar Hill ISD $1.525000 Celina ISD $1.640000 Collin College (CCD) $0.081960 Community ISD $1.615000 Coppell ISD $1.449000 Crowley ISD $1.650000 Dallas County Community College (CCD) $0.081960 Dallas ISD $1.282085 Denton ISD $1.540000 DeSoto ISD $1.470000 Duncanville ISD $1.410000 Eagle Mountain$1.540000 Saginaw ISD Era ISD $1.145000 Everman ISD $1.510000 Farmersville ISD $1.430895 Ferris ISD $1.325000 Fort Worth ISD $1.322000 Frisco ISD $1.460000 Garland ISD $1.253300 Godley ISD $1.195500

Grand Prairie ISD GrapevineColleyville ISD Gunter ISD Highland Park ISD Hurst-EulessBedford ISD Irving ISD Keller ISD Kennedale ISD Krum ISD Lake Dallas ISD Lake Worth ISD Lancaster ISD Leonard ISD Lewisville ISD Little Elm ISD Lovejoy ISD Mansfield ISD McKinney ISD Melissa ISD Mesquite ISD Northwest ISD Pilot Point ISD Plano ISD Ponder ISD Princeton ISD Prosper ISD Richardson ISD Rockwall ISD Royse City ISD Sanger ISD Slidell ISD Sunnyvale ISD Trenton ISD Van Alstyne ISD Tarrant County College (CCD) White Settlement ISD Whitewright ISD Wylie ISD

$1.465000 $1.320100 $1.620000 $1.118100 $1.375000 $1.435000 $1.540000 $1.514717 $1.540000 $1.670000 $1.670000 $1.370120 $1.270960 $1.477000 $1.540000 $1.560000 $1.527100 $1.670000 $1.540000 $1.410000 $1.452500 $1.370000 $1.448000 $1.380800 $1.620000 $1.670000 $1.340050 $1.440000 $1.670000 $1.372067 $1.125000 $1.410000 $1.451400 $1.520000 $0.149500

TAXES AND INCENTIVES | TAXES AND UNION ACTIVITY

2014 DALLAS-FORT WORTH PROPERTY TAX RATES

$1.540000 $1.370000 $1.640000

OTHER Dallas County Parkland Hospital (HD) $0.286000 Dallas County School Equalization (SE) $0.010000 Tarrant County Water District (WD) $0.020000 Tarrant County Hospital (HD) $0.227897

SOURCES: Collin, Dallas, Denton and Tarrant County Appraisal Districts

SAMPLE PROPERTY TAX INFORMATION FOR DFW COMMUNITIES 2014 RATE Per $100 of Taxable Valuation CITY

PLANO DALLAS DENTON FORT WORTH

CITY RATE

COUNTY

COUNTY RATE

$0.488600

COLLIN

$0.237500

$0.797000 $0.689750 $0.855000

DALLAS

$0.243100

DENTON

$0.272200

TARRANT

$0.264000

SCHOOL DISTRICT

PLANO ISD DALLAS ISD DENTON ISD FORT WORTH ISD

SCHOOL DISTRICT RATE

$1.448000 $1.282085

OTHER TYPE RATE

TOTAL RATE

CCD

$0.081960

$2.256060

SET

$0.010000

$2.742960

OTHER TYPE

HD

$0.286000

CCD

$0.124775

WD

$0.020000

$2.838397

HD

$0.227897

$2.838397

CCD

$0.149500

$1.540000 $1.322000

$2.501950

SET = School Equalization Tax; HD = Hospital District; WD = Water District; CCD = Community College District 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

135


STATE AND LOCAL INCENTIVES Dallas–Fort Worth has a strong business culture, and a variety of state and local incentive programs are available to expanding or relocating businesses, ranging from tax abatements and tax increment financing to development of infrastructure and free-trade zones. The programs help keep the cost of doing business low, enabling companies that are creating jobs in the DFW region to gain a competitive advantage. Locally, several programs exempt qualifying companies from certain taxes, in some cases for up to 10 years. Programs vary by city, but they offer a breadth that can provide value for a variety of projects. Additional statewide programs assist companies with job training, obtaining capital and expanding venture capital investment.

DEVELOPING AREAS THE COUNTY DEVELOPMENT DISTRICT SALES Tax enables counties of less than 45,000 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. THE CAPITAL ACCESS PROGRAM (Texas Capital Fund) is available to eligible cities with fewer than 50,000 residents or counties with fewer than 200,000 residents to assist businesses that employ low-to-moderate-income persons. 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.

136

D A L L A S ECONOMIC DEVELOPMENT G U I D E

STATE INCENTIVES TEXAS ENTERPRISE FUND The Texas Enterprise Fund attracts new business to the state or assists with expansion. Funds can be used for infrastructure development, community development, job training and business incentives. Capital investment, job creation, wages generated and public or private project support are significant factors in approving the use of the enterprise fund. governor.state.tx.us THE EMERGING TECHNOLOGY FUND (ETF) Enacted to improve research at Texas universities, help start-up technology firms, and facilitate commercialization. Emerging technology projects are eligible for funding if they result in the creation of high-quality jobs or have the potential to result in a medical or scientific breakthrough. www.ntxrcic.org SKILLS DEVELOPMENT FUND The Skills Development Fund 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. skills.texasworkforce.org INDUSTRIAL REVENUE BOND PROGRAM Local government districts are authorized to establish nonprofit industrial development corporations or authorities to issue tax-exempt or taxable revenue bonds. Projects must promote the development or expansion of manufacturing and industrial facilities in Texas. The amount of a bond may not exceed $10 million. governor.state.tx.us INDUSTRY DEVELOPMENT LOAN PROGRAM The Texas Industry Development (TID) Loan Program provides capital to Texas communities at favorable market rates. The main objective of TID is to support projects that will stimulate the creation of jobs. TID loans can be used for a variety of purposes including community infrastructure development. TID financing is available for loans above $5,000,000. governor.state.tx.us THE TEXAS LINKED DEPOSIT PROGRAM Encourages lending to historically underutilized businesses, child-care providers, nonprofit corporations, or small to medium-sized businesses located in an enterprise zone. Proceeds may be used for working capital or the purchase, construction, or lease of capital assets. governor.state.tx.us TEXAS PRODUCT DEVELOPMENT FUND Capital loans for product commercialization and businesses The fund provides asset-backed financing to companies doing business in the state. Financing is done in the form of direct asset based loans with a variable interest rate tied to the London Interbank Offered Rate (LIBOR). Loans can be amortized up to the life of the asset. Texas companies or out-of-state/international companies doing business in the state are eligible to apply. governor.state.tx.us TEXAS SMALL BUSINESS FUND Provides capital loans for small business growth and expansion The fund provides financing for the development of small and medium-sized businesses. Special funding preferences will be given to emerging technologies including semiconductors, nanotechnology, biotechnology and biomedicine, renewable energy, agriculture and aerospace. Additional preference will apply to applicants that have other sources of financing, have formed companies in Texas and are receiving assistance from designated state small business development centers. governor.state.tx.us THE ECONOMIC DEVELOPMENT AND DIVERSIFICATION PROGRAM A tax incentive that offers an in-state tuition waiver for family members of companies that have relocated to Texas. governor.state.tx.us

2015


SITE-SPECIFIC INCENTIVES (Continued)

DATA CENTER SALES AND USE TAX EXEMPTION A data center exemption applies to state sales and use tax on certain items necessary and essential to the operation of a qualified data center. The program provides 100% exemption of sales taxes on business personal property essential to data center operations. The sales tax exemption may be available for 10 to 15 years and can be accessed by owners and tenants in single- or multi-tenant data center properties. RESEARCH AND DEVELOPMENT TAX CREDIT The R&D tax credit provides companies the option of selecting either a sales tax exemption on property purchased by persons engaged in qualified research activities or the franchise tax credit. The bill provides a sales tax exemption for property purchased, stored or used by a person engaged in qualified research, or alternatively, a tax credit equal to 5% of the difference between a company’s qualified research expenses during the tax year that the credit is claimed and 50% of the average qualified research expenses for the three preceding tax years (base period).

LOCAL INCENTIVES Tax abatements are offered by individual cities in DFW and are available to eligible properties to encourage businesses to invest or expand. Individual city taxing boards grant a taxpayer a stay of paying a tax for a short or long term, for a total or a percentage of the tax. The criteria vary by taxing jurisdiction and abatement levels. Many Dallas-area communities have enacted ad valorem tax abatement ordinances authorizing the granting of tax abatements up to 100 percent, for up to 10 years, for economic development projects. These abatements apply only to the value of improvements constructed as a result of the particular economic development project. Each community applies its ordinance on a case-by-case basis; in many communities, the ordinances contain certain employment, minimum dollar investment or construction square footage requirements that must be met in order for tax abatements to be available. Some Dallas-area communities, cities and counties also have enacted ordinances authorizing the abatement of property taxes on business or personal property for qualifying development projects. The property tax abatement may be offered in lieu of or in addition to the ad valorem tax abatements described above. Both are administered on a case-by-case basis. THE TEXAS LEVERAGE FUND (TLF) serves as an additional source of financing to communities that have adopted an economic development sales tax. The fund allows communities to leverage future sales tax revenues to provide financing for industry expansion, recruitment, industrial parks establishment, and other community projects. LOCAL GOVERNMENT LOAN FUNDS (Chapter 380) provide legislative authority for Texas cities to provide a grant or a loan of city funds or services in order to promote economic development. DFW cities have utilized the provisions to provide a wide array of incentives that have drawn businesses and industries to locales throughout the region.

2015

FOREIGN-TRADE ZONES (FTZs) provide duty-free or deferred payment of goods processed at plants engaged in international trade. The DFW area currently has four FTZs. Under a new approval, the six-county DFW area (Dallas, Tarrant, Collin, Denton, Grayson and Rockwall counties) 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 foreign-trade zone designation on an expedited and simplified basis. 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.

TAXES AND INCENTIVES | STATE AND LOCAL INCENTIVES

STATE INCENTIVES

THE TEXAS ENTERPRISE ZONE PROGRAM is an economic development tool for local communities to partner with the State of Texas to promote job creation and capital investment in economically distressed areas of the state. Local communities must nominate a company as an Enterprise Project to be eligible to participate in the Enterprise Zone Program. The EZP is performance-based and allows qualified businesses to receive a refund of state sales and use taxes, ranging from $2,500 to $7,500 per job created or retained during a fiveyear designation period, up to a maximum of $1.25 to $3.75 million. The level and amount of refund is related to the capital investment and jobs at the qualified business site. TEXAS’ LINKED DEPOSIT PROGRAM provides a vehicle to financial institutions for providing low-interest loans to minority-owned businesses and small businesses located in state-designated Enterprise Zones. SALES TAX FOR ECONOMIC DEVELOPMENT There are two types of economic development sales tax: a 4A tax and a 4B tax. 4A cities may use the money raised by this sales tax for purposes related to industrial development including: purchasing land, buildings and equipment; paying principal and interest on debt; improving airports that are an integral part of an industrial park; and making improvements to support waterborne commerce. A number of cities in the DFW region have both 4A and 4B sales tax bonds, which allows them to generate more revenue to provide funding for a broader scope of economic development projects.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

137


TAXES AND INCENTIVES | STATE AND LOCAL INCENTIVES

TEXAS ENTERPRISE FUND

LOCATION OF RECIPIENTS IN THE NORTH TEXAS REGION

35

30

REGION TOTALS (AS OF OCT. 31, 2014)

TOTAL RECIPIENTS: 38 TOTAL GRANT AMOUNT: $211 mil.

REGION LOCATION

20

635

FORT WORTH

20

DALLAS

35W

35E

TOTAL NEW JOBS: 23,565 NOTE: Some awards and job totals may be divided between more than one region.

45

35

DIRECT JOBS

CAPITAL INVESTMENT

TEF GRANT

$3,000,000,000

$50,000,000

Richardson

$345,000,000

$40,000,000

Plano

$598,000,000

$35,000,000

Dallas

LOCATION $200,000,000

$20,000,000

COMPANY

INDUSTRY

1

Texas Instruments

Semiconductor

2

Toyota Motor North America, Inc.*

Automotive HQ Relocation

3,650

3

Triumph Aerostructures

Aerospace

3,000

4

Bank of America

Financial Services

3,876

5

Active Network LLC*

IT Services

1,000

$13,000,000

$8,600,000

6

Fidelity Global Brokerage

Financial Services

850

$200,000,000

$8,500,000

Town of Westlake

7

Tyson Foods

Food Processing

1,600

$97,150,000

$7,000,000

Sherman

REGION

CITY

Richardson Dallas

8

USAA*

Insurance

680

$31,400,000

$5,000,000

Plano

9

Omnitracs LLC*

IT Services

450

$10,000,000

$3,900,000

Dallas

10

Comerica

Financial Services

200

$16,250,000

$3,500,000

Dallas

11

Klein Tools

Manufacturing

585

$18,000,000

$2,800,000

Mansfield

12

T-Mobile

Wireless Communications

855

$20,700,000

$2,150,000

Frisco

13

GE Transportation

Manufacturing

330

$96,000,000

$2,100,000

Fort Worth

14

Golden Living (GGNSC)

Health Care Facilities

100

$8,400,000

$2,100,000

Plano

15 Torchmark

Insurance

500

$26,600,000

$2,000,000

McKinney

16

Health Care Services

350

$17,687,439

$1,600,000

Irving

Health Management Systems (HMS)

17

Ruiz Foods

Food Processing

423

$48,880,413

$1,500,000

Denison

18

Consolidated Electrical Distributors (CED)

Electrical Components Wholesale

120

$3,300,000

$1,200,000

Irving

19

TDAmeritrade

Financial Services

490

$11,000,000

$1,200,000

Fort Worth

20

Frito-Lay

Information Technology

125

$4,500,000

$1,125,000

Plano

21

TEKsystems Global Services

Information Technology

500

$4,865,000

$1,100,000

Irving

22

VCE

Computer Systems/IT

130

$40,000,000

$1,000,000

Richardson

23

Authentix

Security Technology

120

$6,550,000

$1,000,000

Addison

24

Raytheon

Aerospace & Defense

200

$21,700,000

$1,000,000

McKinney

25

Pactiv

Manufacturing

200

$58,000,000

$930,000

Corsicana

26

Kohl's Department Stores

Retail

144

$54,900,000

$864,000

Dallas

27

Rockwell Collins

Aerospace

105

$6,782,500

$839,196

Richardson

28

Forum Production

Oil & Gas Production

200

$16,325,000

$800,000

Gainesville

29

Vendor Resource Management

Financial Services

275

$4,600,000

$750,000

Carrollton

30

Nationstar Mortgage

Financial Services

400

$2,000,000

$560,000

Lewisville

31

Associated Hygienic Products

Paper Products Mfg

115

$31,078,039

$520,000

Waco

1,112

$73,000,000

$500,000

McLennan County

80

$5,500,000

$420,000

Fort Worth Fort Worth

32

Sanderson Farms

Poultry Processing

33

Ferris Manufacturing

Medical Device

34

Cabela's

Destination Retail

241

$120,000,000

$400,000

35

JTEKT Automotive

Automotive Parts

200

$30,000,000

$333,000

Ennis

36

US Bowling Congress

Athletic Association

198

$13,000,000

$305,000

Arlington

37

Superior Essex Communication

Telecommunications

38

Coll Materials

Plastics Recycling

50

$7,600,000

$250,000

Brownwood

111

$5,900,000

$200,000

Waco *under contract

138

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: Texas Governor's Office of Economic Development and Tourism,2014

2015


AD


WATER, SEWER, GAS AND TELECOMMUNICATIONS

RATES AND INFRASTRUCTURE WITHIN DFW WATER AND SEWER PRICE PER 1,000 GALLONS

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 many lakes and the abundant natural gas reserves located in the geologic formation known as the Barnett Shale ensure that DFW will have available access to these resources in the decades to come. The centralized location on a major telecommunications hub allows for multiple levels of connectivity to exist in the region. Dallas–Fort Worth makes up a larger information and communications hub that spans the globe. The redundancy in connectivity that this affords translates to minimal risk of downtime for any business operating in the vicinity.

RESIDENTIAL

WATER

SEWER

UP TO 4,000

$1.80

$4.95

4,001 TO 10,000

$3.91

$4.95

10,001 TO 15,000

$5.50

$4.95

ABOVE 15,000

$7.63

$4.95

PRICE PER 1,000 GALLONS

GENERAL SERVICES

WATER

SEWER

$3.05

$3.70

ABOVE 10,000

$3.45

$3.70

ABOVE 10,000 AND 1.4 TIMES ANNUAL AVERAGE

$5.00

$3.70

UP TO 10,000

*Prices reflect prompt-pay discount and are effective October 1, 2014 SOURCE: City of Dallas, Office of Economic Development

Lake Texoma

Hubert H. Moss Lake

COOKE

JACK

Coffee Mill Lake

Randell Lake

GRAYSON

Lake Bonham

Valley Lake

Lake Kiowa

FANNIN

Chapman Lake

Ray Roberts Lake

Lost Creek Reservoir

Lake Bridgeport

DENTON

Lewisville Lake

COLLIN

WISE Lavon Lake

Grapevine Lake Eagle Mountain Lake

PARKER

Lake Mineral Wells

Lake Weatherford

Lake Arlington

Joe Pool Lake

ELLIS

2060 SUPPLIES FOR THE LARGEST WHOLESALE WATER PROVIDERS IN REGION C AVAILABLE

NEW STRATEGIES

TOTAL

DALLAS WATER UTILITIES

548,580

559,776

1,108,356

TARRANT REGIONAL WATER DISTRICT

508,333

622,398

1,130,731

NORTH TEXAS MUNICIPAL WATER DISTRICT

421,405

631,836

1,053,241

CITY OF FORT WORTH

278,645

340,031

618,676

TRINITY RIVER AUTHORITY

125,822

116,441

242,263

UPPER TRINITY REGIONAL WATER DISTRICT

56,025

137,990

194,015

Lake Fork Reservoir Terrell Lake

DALLAS

Lake Waxahachie

KAUFMAN

Cedar Creek Reservoir

Bardwell Lake

NAVARRO Navarro Mills Lake

Lake Tawakoni

Lake Ray Hubbard

Mountain Creek Lake

Benbrook Lake

WHOLESALE WATER PROVIDER

ROCKWALL

White Rock Lake

TARRANT Lake Worth

Lake Granbury

North Lake

HENDERSON Lake Halbert

Trinidad Lake

Lake Athens

Forest Grove Reservoir

Lake Palestine

Richland Chambers Reservoir

Fairfield Lake

FREESTONE

SOURCE: Region C Water Planning for North Texas - 2011 Water Plan

140

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


TELEPHONE RATES* PRICE/MO

SINGLE FLAT BUSINESS LINE WITH LIMITED LONG DISTANCE

$50

SMALL OFFICE WITH T-1 TYPE FACILITY (ABOUT 150 VOICE LINES WITH LIMITED DATA)

$600 to $700

HIGHER BANDWIDTH WITH 150 VOICE LINES AND MORE DATA

$700 to $850

*Estimates SOURCE: AT&T

MAJOR U.S. INTERNET PEERING POINTS

SEATTLE NEW YORK CHICAGO SAN FRANCISCO

WASHINGTON, D.C.

LOS ANGELES

ATLANTA DALLAS / FORT WORTH

Connectivity is a core strength of Dallas–Fort Worth. It is one of the primary peering points of all U.S. Internet traffic, enabling companies located here to have fast and reliable access to the world’s telecommunications infrastructure.

UTILITIES | WATER, SEWER, GAS AND TELECOMMUNICATIONS

TELECOMMUNICATIONS

MIAMI

NATURAL GAS THE BARNETT SHALE

NATURAL GAS RATES* CUSTOMER CHARGE PER MONTH

COMMODITY CHARGE/MCF

RESIDENTIAL

$19.50

$0.09003

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

$39.75

$0.07134

INDUSTRIAL

$714.50

$0.1789 to $0.0206

*Excludes additional charges such as gas cost recovery, weather normalization, taxes and fees. Rate is current as of Jan 6, 2015 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.

2015

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141


ELECTRICITY The Dallas–Fort Worth region ranks close to the national median in terms of overall electric rates. Reliability in the system is preserved by operating on a separate power grid from that of the rest of the country. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 22 million Texas customers. Since Texas has a deregulated electricity market, allowing consumers to shop around and choose their service providers, they have the power to choose their provider—creating flexibility in pricing and service.

RATES AND RELIABILITY

TYPICAL RESIDENTIAL AND COMMERCIAL BILLS (DALLAS)

TYPICAL RESIDENTIAL AND COMMERCIAL BILLS 500 kWh

$71.40

(without electric water heating)

1,000 kWh

$131.40

75 kW 15,000 kWh

$2,244 75 kW 30,000 kWh

(without electric water heating)

$3,418

40 kW 10,000 kWh

75 kW 50,000 kWh

$1,428

$4,875

40 kW 14,000 kWh

1,000 kW 200,000 kWh

$1,734

$30,206

500 kW 150,000 kWh

1,000 kW 400,000 kWh

$19,141

$43,356

500 kW 180,000 kWh

1,000 kW 650,000 kWh

$21,275

The 2014 National Rate Survey compares winter rates in effect January 1, 2015 for 106 U.S. cities. Twelve usage levels broken into two residential and ten commercial and industrial categories are surveyed.

TYPICAL INDUSTRIAL BILLS

$58,333

The typical commercial bills were stratified by kilowatt (kW) and kilowatt-hour (kWh). The categories used in the ranking are as follows:

The typical industrial bills were stratified by kilowatt (kW) and kilowatt-hour (kWh). The categories used in the ranking are as follows:

• 40 kW and 10,000 kWh (35% Load Factor)

• 75 kW and 15,000 kWh (28% Load Factor)

• 40 kW and 14,000 kWh (49% Load Factor)

• 75 kW and 30,000 kWh (56% Load Factor)

• 500 kW and 150,000 kWh (42% Load Factor)

• 75 kW and 50,000 kWh (93% Load Factor)

• 500 kW and 180,000 kWh (50% Load Factor)

• 1,000 kW and 200,000 kWh (28% Load Factor) • 1,000 kW and 400,000 kWh (56% Load Factor) • 1,000 kW and 650,000 kWh (90% Load Factor)

SOURCE: 2014 National Electric Rate Survey, Lincoln Electric System

142

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


UTILITIES | ELECTRICITY

U.S. ELECTRIC GRID

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.

ERCOT

(The Electric Reliability Council of Texas)

TEXAS ELECTRIC GENERATION BY SOURCE NET ELECTRICITY GENERATION

THOUSANDS OF MWh

% TOTAL

SHARE OF U.S.

6

0.02%

0.3%

Natural Gas-Fired

16,938

49.16%

30.8%

Coal-Fired

11,053

32.08%

35.7%

2,958

8.59%

19.9%

62

0.18%

5.4%

Other Renewables

3,148

9.14%

7.2%

TOTAL NET ELECTRICITY GENERATION

34,454

Petroleum-Fired

Nuclear Hydroelectric

11.0% SOURCE: US Energy Information Administration

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

143


COST OF LIVING XXXXXXXXX XXXXXXX

SEATTLE (126.9)

Quite simply, it’s easy to live in DFW. The Dallas–Fort Worth region is one of the most affordable in the BUga. Icilign imagnihic temcountry, andebit a competitive advantage for companies as entempore dest dist erum, conet ut fugit they seekvolendi both to keep labor costs low and evel ipis genihit aturias atatem hit to recruit the best workers. audit re iniscil laudam, qui teEmployees molum eum in DFW enjoy a higher standard living, quo ommoluptiunt excepel mintofquam, with consistently lower costs forntorro housing, volum eum quatem ute sandige groceries, transportation, and health care idicides desequassit, sequat fuga. compared with workers in other major U.S. business centers. The region’s relatively low housing prices provide the strongest edge for companies that operate here, coming in more than 24 percent lower than the national average and more than 50 percent lower than many other major metropolitan areas.

SALT LAKE CITY (94.5)

SAN FRANCISCO (167.5)

DENVER (107.5)

LOS ANGELES (135.1) PHOENIX (96.2) SAN DIEGO (135.4)

FORT WORT

FORT WORTH 1.6%

7.8% MISC.

-4.5%

-6.4%

-3.5 % -0.5%

COMP.

-0.3%

LESS THAN THE U.S. AVER AGE

IF YOU LIVED IN ONE OF THESE CITIES AND MOVED TO DALLAS, HERE’S HOW YOUR COST OF LIVING WOULD CHANGE.

144

D A L L A S ECONOMIC DEVELOPMENT G U I D E

BOSTON

-6%

-11%

CHICAGO

-17%

-2%

0% -24%

-24%

-57%

For example, housing costs in Dallas are 57% lower than in Boston

LOS ANGELES

-3%

-8% -11% -11%

-20%

-45%

SOURCE: Cost of Living Index: Comparative Data for 281 Urban Areas (2014 Annual Average Data), C2ER

-63%

2015


100=US AVERAGE

BOSTON (137.7) MINNEAPOLIS (107.9) NEW YORK (222.6) (Manhattan) CHICAGO (116.7) WASHINGTON DC (141.6)

QUALITY OF LIFE | COST OF LIVING

ACCRA COST OF LIVING INDEX

KANSAS CITY (100)

CHARLOTTE (95)

DALLAS

OKLAHOMA CITY (90.1) ATLANTA (99.6)

TH (99.7)

2.8%

.2%

6.6% COMP.

MISC.

DALLAS (95.8)

1.5%

-4.2%

SAME AS NATIONAL AVERAGE

LESS THAN THE U.S. AVER AGE

-24.6% AUSTIN (94.6) HOUSTON (99.0) SAN ANTONIO (92.4)

MIAMI (111.4)

MISC. GROCERIES

NEW YORK

HOUSING

UTILITIES

PHILADELPHIA

TRANSPORTATION

HEALTH CARE

SAN DIEGO

MISCELLANEOUS COMPOSITE

SAN FRANCISCO

1%

-25%

-25%

-20%

-11%

-11%

-16% -44%

-83%

2015

-6%

For example, utilities costs in Dallas are 16% lower than in Philadelphia

COMP.

1% -4%

-8%

-14% -11%

-9% -18%

-16%

-63% -75%

D A L L A S ECONOMIC DEVELOPMENT G U I D E

145


Dallas-Fort Worth has not one but two major arts districts. The Dallas Arts District, which is anchored by the Dallas Museum of Art, Morton H. Meyerson Symphony Center, and AT&T Performing Arts Center, is nearly 70 acres—the largest 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. We’d be willing to bet you could spend every weekend in our Arts District and never run out of new things to do. The Fort Worth Cultural District claims fi ve internationally recognized museums, including the Kimbell Art Museum, the Amon Carter Museum of American Art, and The Modern. Beyond our fantastic cultural centers, DFW 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. DFW is Texas’ most arts intensive metro area on a per capita basis—meaning we spend a lot of money per person on cultural arts. No matter what artistic pursuits you enjoy, you can find them here.

MUSIC AND THEATER OF DFW Ballet Folklorico Bass Performance Hall Casa Mañana Charles W. Eisemann Center Circle Theatre City of Dallas Performance Hall 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 Morton H. Meyerson Symphony Center The Patty Granville Arts Center Texas Ballet Theater

146

D A L L A S ECONOMIC DEVELOPMENT G U I D E

PHOTO: MICHAEL MCGARY

ARTS, CULTURE AND ENTERTAINMENT

TURTLE CREEK CHORALE - DALLAS

MUSEUMS OF DALLAS-FORT WORTH African American Museum Amon Carter Museum Cavanaugh Flight Museum The Children’s Aquarium at Fair Park

THE MARGOT AND BILL WINSPEAR OPERA HOUSE, PART OF THE AT&T PERFORMING ARTS CENTER IN THE DALLAS ARTS DISTRICT

Dallas Heritage Village Dallas Holocaust Museum Dallas Museum of Art Fair Park Fort Worth Museum of Science & History Frontiers of Flight Museum Heritage Farmstead 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 Perot Museum of Nature & Science The Sixth Floor Museum at Dealy Plaza The Trammell & Margaret Crow Collection of Asian Art

2015


PHOTO: MODERN ART MUSEUM OF FORT WORTH

MODERN ART MUSEUM OF FORT WORTH

QUALITY OF LIFE | ARTS, CULTURE AND ENTERTAINMENT

DALLAS MUSEUM OF ART

PHOTO: MICHAEL SAMPLES

PHOTO: AMON CARTER MUSEUM OF AMERICAN ART

AMON CARTER MUSEUM OF AMERICAN ART - FORT WORTH

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

PHOTO: CARTER ROSE, AT&T PERFORMING ARTS CENTER

The AT&T Performing Arts Center: The Margot and Bill Winspear Opera House The Dee and Charles Wyly Theatre City 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 Fort Worth Museum of Science and History Fort Worth Community Arts Center W.E. Scott Theatre

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

147


QUALITY OF LIFE | ARTS, CULTURE AND ENTERTAINMENT

ENTERTAINMENT DISTRICTS The fun here knows no bounds. You could start with the 75-acre masterplanned development that is Victory Park—packed with trendy shops and restaurants; the House of Blues and Hard Rock Cafe; The W Hotel, with the famous Ghostbar; and American Airlines Center, home of the Mavericks and the Stars, as well as concert venue extraordinaire— and move on to McKinney Avenue, which teems at night with hordes of pretty people going from hot spot to hot spot all

the way from The Rattlesnake Bar at The Ritz to The Magnolia Theater at the West Village. For something a little more laid-back (but no less entertaining), you could hit Greenville Avenue for its funky shops, rooftop bars, and live music at the historic Granada Theater; or you could bop around Bishop Arts, Oak Cliff ’s repository of everything cool and home to some of Dallas’ most sought-after restaurants (Lucia, Stock & Barrel, Oddfellows, to

name just a very few) and bars. The suburbs have more than their fair share of things to do, too. Plano’s Shops at Legacy brims with boutique shopping, bestin-class restaurants and bars, and the Angelika Film Center; while Frisco Square has Cinemark Next Gen-XD Theater, Toyota Stadium, and amenities such as the Black Box Theatre at Frisco Discovery Center. But we’re only scratching the surface here; there’s so much more to explore.

30

31 32

34

33 29

36

27

28

17

35 16

18 15 12 13 14 10 11 34 9 8 2 5 6 7 1

26 2524 23

22 21

20

19

148

1

Bishop Arts District

12

Highland Park Village

21 Downtown Arlington

29

2

TrinIty Groves

13

Mockingbird Station

22

30 Historic Downtown Denton

3

Design District

14

Greenville Avenue

Arlington Entertainment District

4

Victory Park

15

North Park / Park Lane

23

Sundance Square

5

Downtown Dallas

16 Galleria

24

Fort Worth Cultural District

32 Stonebriar Centre

6

The West End

17

25

7

South Side

8

Deep Ellum

18 The Harbor at Rockwall and Rockwall Commons

West Seventh Street District

9

Uptown

10

Oak Lawn

11

Knox-Henderson

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Firewheel Town Center

19

Uptown Village

20

Arlington Highlands / The Parks

26

Historic Stockyards

27

Southlake Town Square

28

Historic Downtown Grapevine

31

Parker Square Frisco Square

33 Legacy Town Center 34

Watters Creek

35

Addison Circle / Beltline Road

36

Old Downtown Carrollton

2015


Short-term courses that can make a career of difference. The Executive Education certificate programs from SMU Cox will make an immediate impact on your job performance, career, and organization. Our dynamic array of open enrollment programs covers everything from Finance, Leadership & Management, Business Strategy, Negotiations to American Capitalism. We’ll even work with your company to develop fully customized programs to meet specific training needs. And all are designed to impart forward thinking knowledge and business practices you can immediately use to move ahead in today’s world. See what opportunities await you at Dallas’ best resource for advanced leadership training, Executive Education at SMU Cox. Earn valuable CEU credits. Enroll now. exed.cox.smu.edu | 214.768.3335 or 1.866.768.1013.

E X E C U T I V E E D U C AT I O N SMU is an Affirmative Action/EqualOpportunity Institution.

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

149


ATTRACTIONS AND AMENITIES There’s something for everyone in the Dallas–Fort Worth region, whether you’re looking for history, fine arts, amusement parks or professional sports. The region is home to professional teams in every major sport. The NFL’s Dallas Cowboys football team and the MLB’s Texas Rangers baseball team have state-of-the-art facilities located in Arlington, right in between the downtowns of Dallas and Fort Worth. Basketball and hockey fans can watch the NBA’s Dallas Mavericks and the NHL’s Dallas Stars play at American Airlines Center in downtown Dallas. And soccer fans can watch FC Dallas, an MLS team based in Frisco, a suburb north of Dallas. The area supports plenty of other family-friendly amenities as well, including two major zoos, one in Dallas and one in Fort Worth, and the Six Flags amusement park complex, which features both a water park and a theme park. The Fort Worth Stockyards offer a glimpse into the Old West, showcasing Fort Worth’s history as a key stop for cattle drives on the Chisholm Trail. And Fair Park in Dallas is home to the State Fair of Texas, one of the largest state fairs in the country.

AT&T STADIUM

150

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


QUALITY OF LIFE | ATTRACTIONS AND AMENITIES

Map courtesy of The Dallas/Fort Worth Area Tourism Council 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

151


PARKS AND RECREATION The Dallas–Fort Worth region offers a bevy of recreational opportunities, with several lakes and state parks that feature boating, water sports, hiking trails, and trails for both mountain biking and road biking. The Dallas Arboretum and the Fort Worth Botanical Gardens, located in the heart of Dallas and Fort Worth respectively, provide a peaceful escape from hectic everyday responsibilities.

PARKS

HILL STATE PARK 1 CEDAR Cedar Hill 7 Fishing, boating, and kayaking on Joe Pool Lake 7 1,200 acres with 15 miles of mountain biking trails 7 Walking trails through open fields and wooded areas 7 More than 350 wooded campsites 7 Penn Farm Agricultural History Center

GREEN SPACE IN DFW

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 River Audubon Center

ZOOS

4 RIVER LEGACY PARK Arlington 7 1,300 acres of forests and greenbelts 7 10 miles of cross-country trails 7 A treetop playground that looks like a giant treehouse 7 A canoe launch with access to up to 8 miles of paddling 7 River Legacy Living Science Center

2

2 5

Dallas Zoo Fort Worth Zoo

1

RODEO Fort Worth Stock Show and Rodeo Mesquite Rodeo Stockyards Championship Rodeo

AUTO RACING Texas Motor Speedway Texas Motorplex

GOLF PGA Tour - AT&T Bron Nelson Championship PGA Tour - Crowne Plaza Invitational at Colonial

ARBOR HILLS NATURE PRESERVE Plano 7 200 acres of rolling hills for exploring 7 Off-road biking trails 7 Picnic pavilion and kids playground 7 Butterflies, birds, and other wildlife 7 Dog friendly

3

PHOTO: CITY OF PLANO

PROFESSIONAL SPORTS Allen Americans (Minor League Hockey) Dallas Cowboys (NFL) Dallas Diamonds (Women's Football) Dallas Mavericks (NBA) Dallas Sidekicks (Soccer) Dallas Stars (NHL) FC Dallas (Major League Soccer) Fort Worth Cats (Minor League Baseball) Frisco RoughRiders (Minor League Baseball) Grand Prairie Air Hogs (Minor League Baseball) Texas Legends (NBA Development League) Texas Rangers (MLB) Texas Tornado (Minor League Hockey)

152

D A L L A S ECONOMIC DEVELOPMENT G U I D E

MEADOWMERE PARK Grapevine 7 252 acres on the shore of Lake Grapevine 7 Sloping sandy beaches and camping 7 Swimming, paddleboarding, kayaking 7 Large, colorful children’s playground area

4

2015


TRINITY PARK Fort Worth 7 Next to the Fort Worth Zoo, along the banks of the Trinity River 7 Annual events such as Mayfest and the National Veterans Day Run 7 Miniature Railroad 7 Natural surface trails for hiking, biking, and running 7 Fishing and duck feeding

5

3

WHITE ROCK LAKE PARK Dallas 7 9.33-mile hike and bike trail 7 Shoreline picnic areas 7 Kayak and paddleboard rentals 7 Audubon Society bird watching area 7 Dallas Arboretum and Botanical Garden

6

6 7

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 100 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.

QUALITY OF LIFE | PARKS AND RECREATION

NORTH TEXAS TRAILS

TRAILS 1 2

3

4 6

5 9

8

7

10

KLYDE WARREN PARK Dallas 7 5.2 acres downtown 7 Performance pavilion, walking trails, dog park, children’s playground, games area 7 Free events such as book signings, group exercise, movies, music, and more 7 Food trucks every day 7 Accessible by M-Line Trolley, DART, and D-link

7

SOURCE: DRC Research

ARBOR HILLS NATURE PRESERVE

2015

12

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 ECONOMIC DEVELOPMENT G U I D E

153


HOUSING COSTS Based on the cost of housing compared to median family income, home prices in the DFW region are some of the most affordable in the country according to the Urban Institute. Stability characterizes the DFW housing market. Its ability to remain strong during global economic fluctuations has been sustained through 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 feet per home in DFW. The ease of travel between smaller cities and major job centers means that employees can choose from a wide 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 third quarter of 2014 in the DallasFort Worth area as determined by North Texas Real Estate Information System

Sa

N 10 miles

Krum 380

Decatur

Bridgeport

Dallas/Fort Ponder Worth c Fortune and Global headquarters, by gr expansion of local c as by relocations of Justin operations. It is bo the vibrant, diverse 35W as a n today as well progression for this Roanoke well-recognized int DENTON CO. our strengths in adv Westl and headquarter op Haslet

Runaway Bay Paradise New Fairview

Aurora

WISE CO.

Springtown Reno

Keller Azle Saginaw

Watauga North Richland H Haltom City

820

Lake Worth

Richland H

River Oaks White Settlement

Weatherford

Fort Worth

20

Aledo Benbrook Edgecliff Village

Forest Hill Kenne

35W

PARKER CO.

TARRANT CO.

JOHNSON CO.

HOOD CO.

Rendon

Crowley Burleson

Cross Timber Granbury

154

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: North Texas Real Estate Information System

Godley

Joshua

2015


$250,001-$500,000

$100,001-$250,000

> $500,000

anger

Aubrey

380

McKinney

380

Frisco Allen 35E

Fairview

The Colony Lewisville

Plano Wylie

Coppell

Bedford Euless

Northwest Dallas Irving

Hurst

Hills

Fate

North Dallas Northeast Dallas

Garland

Rowlett

Rockwall 30

HUNT CO.

Park Cities

635

Heath

McLendon-Chisholm ROCKWALL CO.

East Dallas

Oak Lawn

Sunnyvale

Dallas

KAUFMAN CO.

Mesquite

30

30

Royse City

Sachse

Richardson 75

Farmers Branch

D/FW Airport

COLLIN CO.

Far North Dallas

Carrollton

Grapevine

Hills

Princeton

Little Elm

Southlake

Colleyville

75

Prosper

Cross Roads

Denton

Celeste

Melissa

Krugerville

continues to draw l 500 rowth and Corinth companies Argyle as well f headquarter oth a testament to e economy in DFW natural Flower Mound s region that is so ternationally for vanced services lake perations.

Forney

Grand Prairie Oak Cliff

Terrell

Balch Springs 20

Arlington

20

South Dallas

Duncanville

edale

n

Weston

Celina

35

HOUSING | HOUSING COSTS

< $100,000

Cedar Hill Mansfield

DeSoto

35E

Lancaster

Southeast Dallas

Wilmer-Hutchins

67

Red Oak Oak Leaf Pecan Hill

Kaufman

DALLAS CO.

Glenn Heights Ovilla

Combine

Ferris

ELLIS CO.

45

Midlothian Kemp Venus

2015

Waxahachie

Palmer

D A L L A S ECONOMIC DEVELOPMENT G U I D E

155


HOUSING CHOICES

HOW MUCH HOUSE CAN I BUY? 1,6 2

5S

QF

[1 A R 51 S Q LIN M GT ] ON

1,4 8

8S

QF

[ C A 13 8 S RR Q M OL LT O ] N

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PHOTO: BRIGGS FREEMAN

PHOTO: BRIGGS FREEMAN

The Dallas and Fort Worth areas boast convenience and charm in lifestyle and 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. The newest trend in DFW housing takes place above shops, restaurants and movie theaters in 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. Dallas and Fort Worth offer unique options perfect for any size family. Whatever your style, Dallas–Fort Worth has the home for you.

3 BEDS 2 BATHS

$145,000 UP

3 BEDS 2 BATHS

1,2 6

0S

QF

[1 T O 17 S Q WN M DA ] LL A

$158,000 3,8

72

SQ

F L O [3 6 0 WE SQ M RM ] OU ND

T

S

FT

$365,000 4,9

PHOTO: EBBY HALLIDAY

PHOTO: BRIGGS FREEMAN

1 BED 1 BATH

4 BEDS 4 BATHS

07

SQ

[4 K E 56 SQ NN ED M] AL E

$492,000 2,9 64

156

D A L L A S ECONOMIC DEVELOPMENT G U I D E

$599,900

FT

PHOTO: BRIGGS FREEMAN

PHOTO: BRIGGS FREEMAN

4 BEDS 4.1 BATHS

SQ

[2 PA 7 5 S RK Q M CIT ] IES

FT

3 BEDS 2.1 BATHS

$698,500 2015


SQ

[16 5 FR SQ M ISC ] O

2,1 75

SQ

[20 2 PL SQ M AN ] O

FT

2 ,2

3 BEDS 2.1 BATHS

3,2

85

SQ

[ CO 305 S LLE Q M YV ] ILL E

$235,000

3 BEDS 2.1 BATHS

3,6

96 S

QF

[3 4 3 AL SQ M LEN ]

FT

SQ

[6 6 GA 5 SQ RL M] AN D

$499,990

4 BEDS 3.1 BATHS

5,9

28

T

FT

$529,900 5,9

33

$1,185,000

FT

PHOTO: BRIGGS FREEMAN

5 BEDS 4.1 BATHS

SQ

[5 S O 51 S Q UT HL M] AK E

FT

PHOTO: EBBY HALLIDAY

2015

$820,000

SQ

[5 5 1 PL SQ M AN ] O

PHOTO: BRIGGS FREEMAN

7 BEDS 8 BATHS

QF

PHOTO: EBBY HALLIDAY

5 BEDS 4 BATHS

7,1 60

3,5 16 S

PHOTO: EBBY HALLIDAY

$498,500

$245,000 N O [3 2 7 RT SQ H D M] AL LA S

T

PHOTO: BRIGGS FREEMAN

4 BEDS 3.1 BATHS

FT

PHOTO: EBBY HALLIDAY

$189,990

SQ

PHOTO: BRIGGS FREEMAN

PHOTO: EBBY HALLIDAY

4 BEDS 2 BATHS

48

[2 MC 09 SQ K IN M] NE Y

FT

HOUSING | HOUSING CHOICES

1,7 70

5 BEDS 5.1 BATHS

$1,255,000 D A L L A S ECONOMIC DEVELOPMENT G U I D E

157


HOUSING | HOUSING CHOICES

APARTMENT COSTS Apartment dwelling in the DFW area depends on 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 amenities such as dog runs, workout facilities, tanning services and community activities ranging from movies on the lawn to wine tastings to Monday Night Football parties. In recent years, mixed-use communities— which include not only multiple apartment buildings, but also restaurants, shops, movie theaters and underground parking—have popped up all over, appealing to a segment of people who desire an urban, walkable neighborhood experience without the responsibilities of homeownership.

TWO-BEDROOM RENT RATES

35

35E 121

75

35E

121 114

35W

635 75 35W

78

30

183

820

161 80

12

30 360

175

20 20

35E 35W

45

AVERAGE MONTHLY RENT < $844 $845-$1,074 $1,075-$1,359 $1,360-$1,945 $1,946-$3,389

SOURCE: Axiometrics

158

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


HOUSING | HOUSING CHOICES

NEW SUBDIVISIONS TOP 25 SUBDIVISIONS ( 2013-2014 )

RANKED BY NUMBER OF NEW HOME STARTS

11

22 5

7

21

25

35

16 3 8

14

9

35E

20

1

121

17

6

19

24 2

4

75

35E

23

121

18

114

35W

635

12

75

13

35W

78 820

10

30

183

161 80

12

30 360

175

20

NUMBER OF STARTS

20

15

35E

260-383

35W

169-259 146-168

45

125-145 116-124

AVERAGE SALES PRICES SUBDIVISION

(Ranked by new home starts)

AVERAGE SALES PRICE

SUBDIVISION

AVERAGE SALES PRICE

1 WESTRIDGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $286,681

14 VILLAGES AT WILLOW BAY . . . . . . . . . . . . . . . . $415,779

2 PHILLIPS CREEK RANCH . . . . . . . . . . . . . . . . . . $480,087

15 MIRA LAGOS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $312,534

3 SUNSET POINTE. . . . . . . . . . . . . . . . . . . . . . . . . . . .$287,353

16 FRISCO HILLS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $269,667

4 RICHWOODS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $505,020

17 CASTLE HILLS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $384,863

5 PALOMA CREEK . . . . . . . . . . . . . . . . . . . . . . . . . . . .$172,939

18 WILLIAMSBURG . . . . . . . . . . . . . . . . . . . . . . . . . . . $241,859

6 TROPHY CLUB . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $428,271

19 VILLAGES OF STONELAKE ESTATES . . . . . . . $476,776

7 CROSS OAK RANCH . . . . . . . . . . . . . . . . . . . . . . . $202,867

20 TRIBUTE. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$425,757

8 LANTANA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $332,553

21 PRESTWYCK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$287,850

9 FRISCO LAKES . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$257,000

22 LIGHT FARMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $380,328

10 VIRIDIAN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$344,814

23 ROLLING MEADOWS EAST . . . . . . . . . . . . . . . . $202,023

11 NORTHPOINTE CROSSING . . . . . . . . . . . . . . . . . $168,506

24 LAWLER PARK. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $483,079

12 WEST FORK RANCH . . . . . . . . . . . . . . . . . . . . . . . $198,106

25 SAVANNAH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $226,220

13 MARINE CREEK RANCH . . . . . . . . . . . . . . . . . . . . $241,610

SOURCE: Metrostudy

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

159


SCHOOL DISTRICTS School districts in the Dallas–Fort Worth region are locally administered and independent of each other. District lines generally relate to city boundaries, but are not exclusive to them. For example, the Richardson ISD includes students in Richardson and parts of Dallas and Garland. The Dallas Independent School District—or Dallas ISD, as it is known locally—is the region’s largest school district, with nearly 160,000 students and a nationally recognized magnet program. Students attending Dallas ISD schools live in Addison, Balch Springs, Carrollton, Cockrell Hill, Dallas, Farmers Branch, Garland, Highland Park, Hutchins, Mesquite, Seagoville, University Park and Wilmer. Since 2007, the district has more than quadrupled the number of schools receiving an Exemplary rating, the state’s highest rating. In Tarrant County, the Fort Worth ISD dominates, with over 83,000 students. Dallas ISD hosts 10 magnet schools, including several that have been nationally recognized. Its Booker T. Washington High School for the Performing and Visual Arts is located in the heart of the Dallas Arts District and includes several internationally known artists among its alumni. The arts magnet, along with the School for the Talented and Gifted at Yvonne A. Ewell Townview Center in Dallas and the School of Science and Engineering at Yvonne A. Ewell Townview Center, were recognized as among the best high schools in the nation by an article in U.S. News and World Report. Other area schools recognized in the report include Highland Park High School, Fort Worth Academy of Fine Arts and the International Baccalaureate School at North Hills Preparatory in Irving. Ten area schools were recognized as 2014 Blue Ribbon Schools, a national honor awarded to schools that have achieved academic excellence or made significant progress in closing the achievement gap.

160

D A L L A S ECONOMIC DEVELOPMENT G U I D E

CHOOSING A DISTRICT You have lots of choices for schooling in the Dallas area: public, public charter, private or parochial, or home schooling. Should you want to send your kids to public school, rest assured that the Dallas-Fort Worth area has many fine public schools. In Texas, public school districts operate independently and are governed by locally elected school boards that locally implement state guidelines through a selection of instructional programs, curriculum and local expectations that often exceed state minimums. Local districts are governed by an independently elected school board of trustees that hires a superintendent as CEO; sets a district philosophy (vision and mission) and local policies; selects a curriculum within the state guidelines; and sets the local ISD tax rate, budget and district boundaries. Here’s what you need to consider in finding the right school district for you.

SOURCE: Texas Education Agency

1

THE DISTRICT AND SCHOOL’S PHILOSOPHY VS. YOUR FAMILY’S INTERESTS AND NEEDS > Vision, mission, goals > Size of school and class size > Grade level alignment (K-4, K-5, K-6, etc.) > Curriculum variations > Parent engagement

2

STUDENT ACHIEVEMENT AND PERFORMANCE (INCLUDING STAFF AND TEACHER PERFORMANCE) The Dallas County area education coalition, COMMIT! and its partners offer a way of best assessing student achievement within schools and districts. Find it online at commit2dallas.org.

2015


MAP LOCATION RANK

LEGEND ISD NAME

2013 ENROLLMENT | 2013 SAT SCORE

3

PROGRAM OFFERINGS AND COMPATIBILITY WITH YOUR CHILD’S INTERESTS AND NEEDS > Athletics > Career and technology > Dual credit > Extracurricular activities

4

CITY BOUNDARIES

DISTRICT CHARACTERISTICS Each district has a unique profile. Visiting district websites and reading the expanded district profiles at dallasnewcomerrelocationguide. com will reveal their distinct features and offerings.

> Fine arts > Gifted and talented > Performing arts > Special education 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 with 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. 2015

1

1

2

8

3

78

4

98

5

139

6 7 8 9 10 11 12 13 14 15

166 196 203 242 249 306 333 344 416 420

16

426

17 18 19

483 501 506

20

517

21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38

569 571 587 619 672 700 736 794 819 822 839 845 871 876 897 996 1019 1028

39

1053

40 41 42 43 44 45 46 47 48 49 50 51 52 53 54

1168 1232 1264 1286 1413 1450 1473 1501 1549 1656 1794 1815 1898 1903 1929

SCHOOL

CITY

School For The Talented And Gifted School of Science and Engineering Magnet Irma Lerma Rangel Young Women’s Leadership School Highland Park HS Booker T. Washington HS for the Performing and Visual Arts Judge Barefoot Sanders Law Magnet Uplift Education-North Hills Prep H S Uplift Peak Preparatory Uplift Williams Preparatory Harmony Science Harmony Science Academy - Dallas Colleyville Heritage HS School of Health Professions McKinney HS Pearce HS School of Business and Management at Yvonne A. Ewell Townview Center McKinney Boyd HS McKinney North HS Coppell HS Rosie M. Collins Sorrells School of Education and Social Services Prosper HS Creekview HS Flower Mound HS Richardson HS Liberty HS Centennial HS Fort Worth Academy of Fine Arts Marcus HS Rockwall-Heath Paschal HS Rockwall HS Wakeland HS Keller HS Smith HS Frisco HS Heritage HS Byron Nelson HS Argyle HS Trinidad Garza Early College At Mountain View Celina HS Berkner HS Mansfield Summit HS Richland HS Central HS John Dubiski Career HS Fossil Ridge HS Birdville HS Rowlett HS Kathlyn Joy Gil Wylie HS Ryan HS Midlothian HS Sachse HS N Garland HS

Dallas Dallas Dallas Dallas Dallas Dallas Irving Dallas Dallas Fort Worth Dallas Colleyville Dallas McKinney Richardson

SCHOOLS | SCHOOL DISTRICTS

US NEWS & WORLD REPORT BEST HIGH SCHOOLS (2014)

Dallas McKinney McKinney Coppell Dallas Prosper Carrollton Flower Mound Richardson Frisco Frisco Fort Worth Flower Mound Heath Fort Worth Rockwall Frisco Keller Carrollton Frisco Frisco Trophy Club Argyle Dallas Celina Richardson Arlington North Richland Hills Keller Grand Prairie Keller North Richland Hills Rowlett Dallas Wylie Denton Midlothian Sachse Garland

D A L L A S ECONOMIC DEVELOPMENT G U I D E

161


PRIVATE SCHOOLS Parents choose to send their children to private schools for all kinds of reasons. Some elect private schools for their kids for religious or moral reasons. Others are concerned about having smaller class sizes and more individual attention for the students. Others still are focused on the highest possible learning standards and rigorous college prep.

PRIVATE SCHOOLS RANKED BY ANNUAL TUITION

1 The Winston School Dallas, $26,200 2 The Episcopal School of Dallas, $26,190 3 St. Mark’s School of Texas, $26,004 4 The Hockaday School, $25,050 5 Greenhill School, $23,900 6 Shelton School, $23,150 7 Alcuin School, $22,551 8 Parish Episcopal School, $22,300 9 The Lamplighter School, $21,221 10 Ann and Nate Levine Academy - A Solomon Schechter School, $20,800 11 Trinity Valley School, $19,200 12 The Oakridge School, $19,030 13 Dallas International School, $18,900 14 Fort Worth Country Day, $18,780 15 Oak Hill Academy, $18,750 16 Dallas Academy, $18,270 17 Cistercian Preparatory School, $18,120 18 Prestonwood Christian Academy, $17,929 19 Hill School of Grapevine, $17,700 20 Trinity Christian Academy Addison, $17,630 21 Key School, $17,600 22 Lakehill Preparatory School, $17,525 23 Great Lakes Academy, $17,500 24 The Cambridge School of Dallas, $16,770 25 Liberty Christian School, $16,740 26 Hill School of Fort Worth, $16,650 27 Ursuline Academy of Dallas, $16,600 26 St. John’s Episcopal School, $16,339 29 The Fairhill School, $15,570 30 Jesuit College Preparatory School, $15,385 31 Providence Christian School of Texas, $14,750 32 Canterbury Episcopal School Desoto, $14,400 33 Dallas Lutheran School, $11,900 34 Starpoint School, $11,700

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

SOURCE: Texas Private School Accreditation Commission, Dallas Business Journal

162

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


LEGEND

SCHOOLS | PRIVATE SCHOOLS

35

PRIVATE SCHOOL

35E 121

25

35E

23

75

18 20

121 114

35W

19

10 29 6

58

30 7 4 9 13 13 24 2 27 15 31

635

35W

75

183

820

33

17

22

28 16

78

30

161 80 30

11 12

34

14 21

26

12

360

175

20 20

32 35E 35W

45

RESEARCHING SCHOOLS

The Dallas region offers a variety 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, such as French, Chinese and Japanese. Many of these schools offer Saturday and summer options for

2015

families who want students to attend a traditional school and supplement with cultural and language immersion. > Montessori method – 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 – Usually characterized by small class sizes and a classics-based education, normally with fewer team athletic options. > College preparatory – Focused 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 ECONOMIC DEVELOPMENT G U I D E

163


TRAFFIC COUNTS Traffic counts are often essential elements of any site selection process. Retailers, in particular, use traffic counts to establish their operations in highly visible and easily accessible locations. In DFW, I-635, I-35 and Highway 75 are some of the most traveled major roads in the region. Heavy arterial traffic is often centered around major centers of retail activity and along corridors that connect the region’s business centers. Preston Road in Collin County, Collins and Cooper Roads in Arlington and Northwest Highway in Dallas are just a few examples around the region.

DAILY TRAFFIC COUNTS

Traffic counts are provided by the Texas Department of Transportation and local municipalities and compiled by the North Central Texas Council of Governments. Data represent 24-hour counts on various dates and years.

35E

35W 114

183

820 360

12

30 161

35W 67

ARTERIALS DAILY TRAFFIC COUNTS

164

D A L L A S ECONOMIC DEVELOPMENT G U I D E

22– 7,510

14,272– 22,965

7,511– 14,271

22,966– 36,029

SOURCE: North Central Texas Council of Governments

36,030 – 67,016

2015


1,217 – 15,838

121

15,838– 26,688 26,168 – 36,287

75

36,287 – 47,626

190

47,626– 61,108 61,108 – 77,700 77,700 –100,236 100,236– 144,413

635

DNT

AROUND THE REGION | TRAFFIC COUNTS

DAILY TRAFFIC COUNTS

30

FREEWAYS

35E 121

175

20

75 35W

35E

190 114

45 635

DNT

30

183

820 360

12

30 161 175

20 35E

35W 67

2015

45

D A L L A S ECONOMIC DEVELOPMENT G U I D E

165


HIGHWAY CONSTRUCTION PROJECTS

MAJOR TRANSPORTATION CONSTRUCTION PROJECTS

22 10

4

Transportation is essential to Texas’ future. The movement of goods and people in an efficient manner ensures that the economy remains competitive and economically prosperous. North Texas continues to experience tremendous population growth, and this 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 under construction with many more planned for the future.

9

12 1

20

6

2

3

15

19

16 15

5

7

13

17

21

18

SOURCE: Texas Department of Transportation (TxDOT)

8

14

DFW CONNECTOR Rebuild/widen highway and add managed lanes; completed: November 2013

6

NTE SEG. 3B Rebuild highway and add managed lanes; scheduled completion: 2017

2

NORTH TARRANT EXPRESS SEG. 1 & 2W Rebuild/widen highway and add managed lanes; add managed ramps at 35W/820 interchanges; scheduled completion: June 2015

7

HORSESHOE Rebuild I-35E and I-30 bridges over Trinity River; rebuild/widen existing highway; scheduled completion: 2017

8

CHISHOLM TRAIL NTTA — Build new 2- to 6-lane toll road in new location; TxDOT — interchanges at I-20 and US 67; completed: 2014

4

5

166

CDA/key projects awarded or under construction Procurement CDA in development Possible CDA in development Key projects in development Key projects in planning stages

1

3

LBJ EXPRESS Rebuild/widen I-635 and add managed lanes; add elevated managed lane ramps on I-35E; scheduled completion: December 2015 I-35E MANAGED LANES Add two reversible managed lanes; add one additional lane each direction; scheduled completion: 2016 NTE SEG. 3A Rebuild highway and add managed lanes; reconstruct remainder of I-35W/I-820 interchange; scheduled completion: 2018

D A L L A S ECONOMIC DEVELOPMENT G U I D E

11

9

U.S. 75 Reconstruct and widen to 8 lanes and 3-lane frontage roads; scheduled completion: 2015

10 U.S. 75 Reconstruct and widen to 8 lanes and 3-lane frontage roads; scheduled completion: 2015

SOURCE: Texas Department of Transportation

11 U.S. 75 Reconstruct and widen to 6 lanes and 2-lane frontage roads; scheduled completion: 2016 12 SH 121 SEG. 13 Reconstruct/widen highway; scheduled completion: 2016 13 I-30 Construct managed HOV lanes with wishbone ramps; scheduled completion: 2015 14 U.S. 67 CLEBURNE EAST LOOP Widen to 4-lane facility; scheduled completion: 2015 15 SH 183; SH 114; LOOP 12 Phased project to rebuild/widen highway and add managed lanes — phase I and phase 2; scheduled completion: 2019 16 SH 161 Restripe and widen highway to provide peak-hour travel lanes; scheduled completion: 2015

A comprehensive development agreement (CDA) is a tool TxDOT uses to enable private development by sharing the risks and responsibilities of design and construction.

17 SH 360 Phase 2: new 4-lane toll road in new location; scheduled completion: TBD 18 SOUTHERN GATEWAY Rebuild/widen highway and add managed lanes; scheduled completion: 2025 19 I-635 LBJ FREEWAY EAST Rebuild/widen highway and add managed lanes; scheduled completion: 2025 20 I-35W SEG. 3C Rebuild/widen highway and add managed lanes; scheduled completion: TBD 21 U.S. 175 Extend U.S. 175 to I-45; scheduled completion: 2016 22 U.S. 75 Rebuild/widen highway; scheduled completion: 2018

2015


25 JEFFERSON VIADUCT Rebuild existing viaduct in new location; Est. Start/ End: 2020-2023

28

8

39

26 I-635 LBJ FREEWAY EAST Rebuild/widen highway and add managed lanes; Est. Start/End: 20162025

1

27

19

14

2

36

38

12

28 US 75 Rebuild/widen highway; Est. Start/End: 20252028

31

35

20

27 US 75 Rebuild/widen highway; corridor study started 2012; Est. Start/End: 2017-2025

3

40 13 17

6

15

5 24

4

11

29 LOOP 9 Phased construction; build 2-lane frontage road in new location initially; Est. Start/End: 20162025

26

16

23

18

25

2

37 33

32

30

22

30 SH 190 EAST BRANCH Build new location toll facility; Est. Start/End: 2019-2022

34

7

21

31 SH 114 Widen highway and add managed lanes; Est. Start/End: 2020-2023

29

41

32 TRINITY PARKWAY (NTTA) Build new location toll road; Est. Start/End: 2017-2019 9

SOURCE: Texas Department of Transportation (TxDOT)

1

2

3

I-35E MANAGED LANES Widen to 3-4 gen. purp. lanes & 1-2 concurrent managed lanes each dir.; Est. Start/End: 2019-2024 LOOP 12/I-35E Rebuild/widen highway and add managed lanes; Est. Start/End: 2025-2028 I-35E Reconstruct and widen from 6-8 lanes; Est. Start/End: 2025-2028

4

I-35E PEGASUS/PART OF LOWER STEMMONS Reconstruct freeway and add managed lanes; Est. Start/End: 2017-2025

5

I-30 PEGASUS/CANYON Reconstruct freeway and add managed lanes; Est. Start/End: 2020-2025

6

I-35E (LOWEST STEMMONS) Construct 5 collectordistributor roads and reconstruct frontage rds.; Est. Start/End: 2016-2017

2015

33 I-20/I-820/US 287 INTERCHANGE Rebuild/widen existing interchange 34 I-20 Add 4-lane toll connection between SH 360 and SH 161

10

7

8

9

I-35E/US 67 SOUTHERN GATEWAY Widen highway and add 1-2 reversible managed lanes; Est. Start/End: 2017-2025 I-35E NORTH Rebuild/widen highway; Est. Start/End: 20252028 I-35E Reconstruct and widen 4 lanes to 6 lanes; Est. Start/End: 2015-2017

12 NTE SEGMENT 3A PHASE 2 Widen highway/ add managed lane connections at downtown 13 NTE SEGMENT 2E Build ultimate configuration of phased managed lane project; Est. Start/End: 20142025 14 DFW CONNECTOR Construct configuration 3/ultimate project

10 I-35E Build 10’ outside shldr./ convert ex. 12’ outside shldr. to 3rd lane in each dir.; Est. Start/End: 20152017

15 I-30/US 80 EAST CORRIDOR Rebuild/widen highway and add managed lanes; Est. Start/End: 20252028

11 SH 183 Build ultimate config. to include 4 general purpose lanes & 2-3 managed lanes each direction; Est. Start/End: 2014-2025

16 SH 360/I-30 INTERCHANGE Rebuild/widen existing interchange 17 I-30 Reconstruct and add 2 additional lanes

AROUND THE REGION | MAJOR TRANSPORTATION CONSTRUCTION PROJECTS

PLANNED HIGHWAY CONSTRUCTION PROJECTS

18 I-30 40 Expand to 6/8 lane freeway and an interchange 19 I-35W Rebuild/widen highway and add managed lanes; Est. 41 Start/End: 2025-2028 20 I-35W SEGMENT 3C Rebuild/widen highway and add managed lanes 21 I-35W Add 4 additional lanes 22 US 175/SM WRIGHT PHASE II-A Reconstruct freeway to six-lane arterial; Est. Start/End: 2017-2019 23 US 175/SM WRIGHT PHASE II-B Reconstruct interchange and extend frontage roads; Est. Start/End: 2017-2019 24 I-345 OVERHEAD Rehabilitation of existing overhead freeway; Est. Start/End: 2016-2018

35 SH 170 (NTTA) Build 6-lane toll road in new location 36 I-820 SEG. 4 Rebuild/widen highway and add managed lanes 37 SH 360 Add one mainlane each direction, ramp improvements 38 SH 199 Expand to 6/8 lane freeway and 3 interchanges 39 SH 121 Reconstruct and widen 2 to 4 lanes with interchanges; Est. Start/ End: 2016-2018 40 SH 161 Add managed lanes; Est. Start/End: 2017-2019 41 SH 360 SOUTH Build ultimate configuration, 6- to 8-lane divided toll road

D A L L A S ECONOMIC DEVELOPMENT G U I D E

167


SIGNIFICANT PROJECTS The Dallas–Fort Worth region is well-known for taking on very large construction projects. They range from civic projects such as the expansion of Interstate 35 and construction of a new Parkland hospital to office buildings and mixed-use developments to parks and recreation development. No matter where you travel in North Texas, large-scale construction projects are underway to improve the area’s quality of life.

THE HORSESHOE PROJECT & 1 MARGARET McDERMOTT BRIDGE A $798 million design-build roadway construction project to improve traffic flow through the heart of downtown Dallas. Dubbed the “Horseshoe Project” due to its U shape, construction improvements include the expansion, repaving and addition of several new bridges and roadways along Interstates 30 and 35E; and the construction of a new signature bridge, the Margaret McDermott Bridge, over I-30. Completion is scheduled for summer 2017.

2 FRISCO

> FRISCO STATION 242-acre mixed-use project, plans call for 4 million square feet of office space, 2,400 multifamily residences, restaurant and entertainment venues, medical and wellness facilities and open spaces.

> THE GATE The project could ultimately include 4 million square feet of office space, a hotel, multifamily units, single-family homes, nearly 200,000 square feet of retail and restaurant space and medical offices.

> WADE PARK 175-acre mixed-use project will have 600,000 square feet of retail space, up to 6 million square feet of office space, more than 500 hotel rooms, 1,300 residential units.

> THE STAR Dallas Cowboys world headquarters, 12,000seat events center and training facility. Size: 1.7 million square feet, plus two hotels totaling 480 rooms.

3 CYPRESS WATERS A 1,000-acre master-planned development, five minutes from DFW Airport. Centered around a 362-acre lake, full build-out will feature 4 million square feet of office, over 10,000 multifamily and up to 400,000 square feet of retail.

4 35EXPRESS The 35Express project extends approximately 30 miles, through eight cities and two counties, from US 380 in Denton County to I-635 in Dallas County. The project is expected to relieve traffic congestion in one of the most heavily traveled corridors in the North Texas region. Completion is scheduled for summer 2017.

168

D A L L A S ECONOMIC DEVELOPMENT G U I D E

5 DART BLUELINE

EXTENSION

Extension of the Blue Line to the University of North Texas at Dallas, with two stations, is projected to open in 2016

2015


AROUND THE REGION | SIGNIFICANT PROJECTS

● OFFICE UNDER CONSTRUCTION ● ANNOUNCED OFFICE PROJECTS ● INDUSTRIAL UNDER CONSTRUCTION ● ANNOUNCED INDUSTRIAL PROJECTS

2

4 6

8 3

7

9 1

5

DATA SOURCE: Xceligent Inc., a commercial real estate research firm in partnership with NTCAR

6 NEBRASKA FURNITURE MART The retailer’s massive warehouse and 560,000-s.f. retail showroom in The Colony will be the largest home furnishings store in North America. Slated to open in the spring of 2015, it anchors Grandscape, a 433-acre, $1.5 billion mixed-use development.

9 UPTOWN OFFICE TOWERS

2015

7 NEW PARKLAND HOSPITAL The nearly 2 million-square-foot Parkland Hospital will replace the existing 55-year-old facility. The $1.27 billion project will include a new 862-bed hospital, as well as a separate clinic building, parking structures and other support facilities. Expected to open in 2015.

1920 MCKINNEY

MCKINNEY & OLIVE TOWER

The 11-story 150,000- squarefoot tower is a block from Klyde Warren Park.

The $225 million tower will include 530,000 square feet of office space and 50,000 square feet of retail.

8 CITYLINE The $600 million, 2.3 millionsquare-foot initial phase is slated for completion in early 2015. At full build-out, the project will contain approximately 6 million square feet of office space; two hotels; 3,200 multifamily residential units; 300,000-square-feet of grocery, restaurant, entertainment and retail space; and three parks. State Farm Insurance will be the anchor of the transit-oriented development adjacent to the DART Bush Turnpike Station on its Red Line.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

169


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, forward-thinking place for generations to come. Future developments spanning more than ten years in planning and construction are helping to ensure that DFW is on the forefront of industry and livability. The future of the metro area is ripe with innovative developments, impactful architectural feats and continually improved design to strengthen the region’s appeal.

1

FORT WORTH TRINITY RIVER VISION

Totaling $909 million in completion dollars, the Fort Worth Trinity River Vision project will connect every neighborhood in the city to the Trinity River corridor, adding amenities, improved environmental sustainability and pioneering design. The project will reroute the Trinity River in Fort Worth to provide needed flood protection, while simultaneously doubling the size of the central business district.

3

TRINITY RIVER CORRIDOR PROJECT DALLAS

The Trinity River Project is an effort to redevelop the Trinity River south of Dallas. The project is meant to provide flood protection as well as create numerous multi-use fields, hiking, biking and walking trails and other recreational opportunities. The Trinity River Corridor Project covers 20 miles or approximately 10,000 acres along the Trinity River. The project begins at Webb Chapel in the north and stretches along the river to slightly past I-20 in the south.

5

SOUTHERN DALLAS COUNTY INLAND PORT

The Southern Dallas County inland port region is recognized for its rail service and interstate highway connections supporting regional access to North American and international ports. With unsurpassed access to Interstates 20, 35 and 45 and thousands of acres of available land, developers and companies are creating a premier logistics, distribution and manufacturing cluster.

170

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2

VIRIDIAN

One of the largest infill developments in the U.S., construction of the Viridian is under way and will bring more than 2,300 acres of mixed-use community space to Arlington on the largest remaining tract of land in the area. The project is currently in its first and second phases. Beyond the 500,000 square feet of office, hotel and restaurant space and 200,000 square feet of retail, the Viridian will have 1,000 acres of protected wetlands and open spaces, a trails system and 450 acres of lakes.

4

DFW INTERNATIONAL AIRPORT

Focusing on more than 5,200 acres available for commercial use and the open space in the airport’s total of 18,000 acres of land within Euless, Irving, Grapevine and Coppell, the DFW International Airport Land Use Plan is a “framework for the long-term development of the commercial areas within the airport.” The project will change the face of the airport from being solely a transportation hub to that of commerce and international business.

6

DALLAS MIDTOWN

Expected to kick off in 2015, the massive redevelopment district in North Dallas will eventually include millions of square feet of retail, residential, hotel and office space across 430 acres. Its centerpiece will be an 18-acre central park. Beck Ventures is leading the project. The first phase will include redevelopment of the AMC Theatre, a grocer, boutique hotel, office, retail and apartments on 70 acres.

2015


AROUND THE REGION | FUTURE PROJECTS

9

6 4

1

2

8

3

7 10

5

7

DALLAS ARTS DISTRICT

Multiple development projects are under construction or have been announced within the Dallas Arts District. The Hall Financial Group multi-phased development will span 5 acres. Phase I is under construction and includes the KPMG Plaza at Hall Arts office, opening April 2015. Two Arts Plaza, a 12-story, 290,000 sqft office building is phase two of the Billingsley Company’s Arts Plaza project. The Spire Development will create a 12acre contiguous neighborhood. Phase one will be anchored by a 21-story mixed-use tower.

9

THE CANYON IN OAKCLIFF

In collaboration with the City of Dallas and the Grow South campaign, the Canyon in Oak Cliff is a 211-acre development, located 3 miles west of downtown Dallas at Westmoreland and Interstate 30. It will create a sustainable and walkable mixed-use urban village with the potential for 7,500 dwelling units, 1,000 hotel rooms, 1.5 million square feet of office space and 1 million square feet of retail space.

121 CORRIDOR

Legacy West, a new $2B, 240-acre mixed-use development will be home to the $350 million headquarters for Toyota North America, the 265,000 square foot headquarters for FedEx Office and several other large corporate operations. Nearby, Grandscape, a $1.5B, 400+ acre project will include 3.9 million square feet of mixed-use development anchored by Nebraska Furniture Mart.

2015

8

10 TEXAS CENTRAL RAILWAY Texas Central High-Speed Railway (TCP) is a private Texas company working to bring high-speed rail between Dallas and Houston. With trains capable of 205 mph, the trip between these cities will take under 90 minutes. Service is expected to begin as early as 2021. Two potential station sites have been identified near downtown Dallas.

D A L L A S ECONOMIC DEVELOPMENT G U I D E

171


URBAN CORE FORT WORTH CENTRAL BUSINESS DISTRICT

121

River

Trinity

N

35W

d 1st 2n3rd h 4t

199

ap lkn d Be erfor h t a We

Cle ar F ork

Trin i

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10th

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The Dallas downtown area is a corporate center, home to many of the city’s most prestigious firms. Bounded along and near Interstate 35-E, Interstate 30, North Central Expressway and Woodall Rodgers GrafordFreeway, it off ers easy transportation access to the rest of the region. It is home to the headquarters for Comerica Inc., AT&T Inc., Energy Future Holdings and 7-Eleven. It also hosts the city’s largest law firms and major offices for Ernst & Young, KPMG and Mineral Wellsand PricewaterhouseCoopers. The city Cool county municipal buildings are located downtown, with central offices for the city Millsap of Dallas and Dallas Area Rapid Transit. Downtown Dallas also hosts several large hotels and meeting facilities, including the Dallas Convention Center. Downtown is also home to the Dallas Arts District, a 19-block zone that includes the city’s most prestigious arts venues, among them the AT&T Performing Arts Center. Downtown is also an up-and-coming residential neighborhood, with new and redeveloped condo and apartment Gordon buildings bringing a 24-hour vibrancy to Lipan the area. The Uptown area of the urban core is a hip, young neighborhood with restaurants, fashionable retail stores and bars linked by the McKinney Avenue Trolley. The Victory Park development is home to the American Airlines Center, where the Dallas Mavericks NBA and Dallas Stars NHL teams play, along with high-rise office and luxury residential towers. Downtown Fort Worth is bordered by Interstate 30 and Interstate 35-W, offering easy north-south and east-west access to the region. The downtown encompasses several of the city’s largest firms, including Americredit Corp., DR Stephenville Horton Inc., Texas Pacific Group and XTO Energy. Downtown’s Sundance Square offers a district of retail, restaurants and nightlife. Fort Worth’s premier performing arts venue, the Nancy Lee and Perry R. Bass Performance Hall, hosts the Fort Worth Dublin Symphony Orchestra, the Texas Ballet Theater, Fort Worth Opera and the Van Cliburn International Piano Competition and Cliburn Concert.

Texas

9th Fort Worth Convention Center

287

Vickery

Fort Worth Water Gardens

30

35W

Burleson

DALLAS CBD BY THE NUMBERS

Cresson

HOUSEHOLD EXPENDITURES (Average annual amount spent)

2013

Briaroaks

Oak Trail Shores CDP

Population

FORT WORTH

30

Fort Worth City Hall

Lancaster

2014

Granbury

7,290

8,423

De4,489 Cordova Bend 5,254

Households Average Household Size

TOTAL EXPENDITURES

2019 Godley

Food

$74,511 Cross Timber

$9,322

Joshua

Housing

$24,254

Apparel and Services Transportation

$1,824 Keene

Alvarado $10,463

1.45

1.45

33.2

33.6

Travel

$1,862

Median Household Income

Pecan Plantation CDP $70,048 $85,312

Health Care

$3,954

Average Household Income

$88,107

$100,216

Personal Care Products/Services

Per Capita Income

$56,150

$64,562

Tolar

Median Age

Cleburne

Entertainment and Recreation Education

$3,453 $811 $1,910 Grandview

FORT WORTH CBD BY THE NUMBERS Glen Rose

2014

2019

HOUSEHOLD EXPENDITURES (Average annual amount Rio Vistaspent)

TOTAL EXPENDITURES Food

2013

$69,838 $8,796

Population

5,396

5,720

Housing

Households

2,275

2,442

Apparel and Services

Average Household Size

1.61

1.63

Median Age

35.4

36.8

$22,254

Transportation

$1,691 $10,278

Travel

$1,772

Health Care

$3,909

Entertainment and Recreation

$3,135

Median Household Income

$39,595

$50,241

Average Household Income

$72,311

$89,342

Personal Care Products/Services

Per Capita Income

$36,175

$44,928

Education

$785 $1,712

SAMPLE OF EMPLOYERS IN THE FORT WORTH URBAN CORE AmeriCredit Corp. Behringer Harvard Ben E. Keith Co. Chesapeake Energy Conoco Phillips DR Horton, Inc.

172

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: ESRI, 2014

Ernst & Young Fort Worth Star-Telegram GM Financial Jacobs Engineering Group, Inc. Pier 1 Imports Radio Shack Corp.

R-Solutions Sid Richardson Carbon & Energy XTO Energy, Inc.

2015


McKinn ey

rs ge da ll R od

Sa

Ha l

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Comm

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Comm

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Con

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DALLAS

n

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35E

AROUND THE REGION | URBAN CORE

DALLAS CENTRAL BUSINESS DISTRICT

Cedar Springs

UPTOWN DISTRICT

Dallas City Hall 45

30

Tri n

ity

N

Dallas Convention Center

Riv er

1/2 mile

Riv erf

ron

t

35E

Red Oak

RACE AND ETHNICITY

Oak Leaf

White Midlothian Alone

2014

PERCENT

1,650

American Indian Alone

52

66.2%

Pacific Islander Alone

3.5% 0.1%Garrett

Some Other Race Alone

252

3.5%

Two or More Races

250

3.4%

1,126

15.4%

Maypearl

2014

23.4%

62

0.7%

337

4.0% 0.1%

328

3.9%

330

3.9%

1,524

18.1%

Alma

22,436

Grays Prairie

Rosser

9

Ennis

EDUCATIONAL ATTAINMENT (Population 25+)

64.0% Cottonwood TOTAL

1,970

Palmer 0.7%

6

Hispanic Origin (Any Race)

PERCENT

5,387

22.6%

Waxahachie 254

Asian Alone

2019

Scurry

Pecan Hill

4,826

Black Alone Venus

Oak Grove

Ferris

Ovilla

Kemp Less Than 9th Grade

0.8%

9th-12th Grade, No Diploma

1.3%

High School Graduate

6.1%

GED/Alternative Credential

1.1%

Some College, No Degree

Mabank

13.8%

Associate Degree

4.2%

Bachelor’s Degree

42.3%

Graduate/Professional Degree

30.3%

Bardwell

RACE AND ETHNICITY

2014

White Alone Italy

Black Alone American Indian Alone Asian Alone

Milford

Pacific Islander Alone Some Other Race Alone Two or More Races Hispanic Origin (Any Race)

PERCENT

Rice

2019

EDUCATIONAL ATTAINMENT (Population 25+)

PERCENT

3,723

69.0%

3,769

65.9%

TOTAL

1,145

21.2%

1,308

22.9%

Less Than 9th Grade

21

0.4%

23

0.4%

88

Emhouse

1.6%

3Blooming Grove 0.1% Barry

99

1.7%

3

0.1% Corsicana 7.1%

Frost 323

6.0%

407

94

1.7%

111

1,057

19.6%

1,327

5.9%

Kerens

High School Graduate Powell

Some College, No Degree

23.2% Mustang Angus

9.7% 17.7%

Goodlow GED/Alternative Credential

1.9%

Oak Valley

4,321

9th-12th Grade, No Diploma

Retreat

2014

6.8% 19.8%

Associate Degree

5.6%

Mildred Degree Bachelor’s

19.4%

Graduate/Professional Degree

15.2%

Eureka

Navarro

SAMPLE OF EMPLOYERS IN THE DALLAS URBAN CORE 7-Eleven Inc. AT&T Inc. Autonomy etalk Baylor Scott & White Health Belo Corp.

2015

Comerica Inc. Dallas Federal Reserve Deloitte Energy Future Holdings Corp.

Energy Transfer Equity Ernst & Young Haynes and Boone, LLP. HollyFrontier Corp. HKS

Hunt Consolidated Inc. KPMG MoneyGram Orix USA Corp. PwC

Plains Capital Tenet Healthcare Thompson & Knight LLP TM Advertising

D A L L A S ECONOMIC DEVELOPMENT G U I D E

173


DALLAS Downtown serves as the hub for Dallas, with key transportation links emanating like spokes from the center. It is also the cultural center of the city, with the 19-block Dallas Arts District and the city’s major arts venues, including the AT&T Center for the Performing Arts. Dallas–Fort Worth International Airport is located just northwest of the city. Dallas is home to several general-use airports, such as Dallas Love Field, which includes commercial passenger service. The corporate headquarters for a number of Fortune 500 companies are located in Dallas, such as Celanese Corporation, Dean Foods, Southwest Airlines, Tenet Healthcare Corp., Energy Future Holdings Corporation and AT&T. Dallas is also the home of UT Southwestern Medical Center, Southern Methodist University, the University of Dallas and the Dallas campus of the University of North Texas.

DALLAS LOVE FIELD

White Rock Lake

DALLAS Cockrell Hill DALLAS EXECUTIVE AIRPORT

DALLAS BY THE NUMBERS 2014

Population Households Average Household Size Median Age Median Household Income

174

D A L L A S ECONOMIC DEVELOPMENT G U I D E

1,244,005

2019

1,324,240

474,698

505,805

2.58

2.58

32.5

33.0

$41,629

$50,004

Average Household Income

$67,777

$80,739

Per Capita Income

$26,113

$31,131

SOURCE: ESRI, 2014

HOUSEHOLD EXPENDITURES (Average annual amount spent)

TOTAL EXPENDITURES Food Housing Apparel and Services

2013

$65,421 $8,082 $20,568 $1,497

Transportation

$9,726

Travel

$1,712

Health Care

$3,978

Entertainment and Recreation

$2,995

Personal Care Products/Services Education

$734 $1,438

2015


AROUND THE REGION | DALLAS

SAMPLE OF EMPLOYERS IN DALLAS Active Network

ROCKWALL CO.

Alon Brands Inc. AT&T Balfour Beatty Construction Bank of America Baylor Health Care System Brinker International

HUNT COUNTY

Children’s Medical Center Comerica Bank Dean Foods Deloitte

Energy Future Holdings Energy Transfer Equity EnLink Midstream Ernst & Young

KAUFMAN COUNTY

Federal Reserve Bank of Dallas Fluor

HollyFrontier Corp. IBM

S

Interstate Batteries JP Morgan Chase Kimberly Clark Corp. Kronos International Methodist Health System Neiman Marcus Parkland Health and Hospital System The Richards Group Santander Consumer USA Southwest Airlines

DALLAS COUNTY

TENET Healthcare Texas Instruments Trinity Industries TXU Energy United Parcel Services

RACE AND ETHNICITY

ELLIS COUNTY 2014

UT Southwestern Medical Center Xerox PERCENT

2019

PERCENT

EDUCATIONAL ATTAINMENT (Population 25+)

2014

White Alone

621,304

49.9%

649,463

49.0%

TOTAL

Black Alone

306,927

24.7%

323,799

24.5%

Less Than 9th Grade

13.6%

9th-12th Grade, No Diploma

12.3%

High School Graduate

18.9%

American Indian Alone Asian Alone Pacific Islander Alone Some Other Race Alone Two or More Races Hispanic Origin (Any Race)

2015

8,141

0.7%

8,724

0.7%

38,508

3.1%

45,473

3.4%

525

0.0%

576

0.0%

233,583

18.8%

256,872

19.4%

35,018

2.8%

39,333

3.0%

545,804

43.9%

608,554

46.0%

789,015

GED/Alternative Credential Some College, No Degree Associate Degree

3.1% 18.4% 4.6%

Bachelor’s Degree

18.4%

Graduate/Professional Degree

10.7%

HENDERSON

D A L L A S ECONOMIC DEVELOPMENT G U I D E

175


EASTERN DALLAS COUNTY AREA The East Dallas area is dominated by the communities of Garland, Rockwall, Rowlett, Forney, Terrell, Kaufman and Mesquite. These eastern Dallas suburbs are fast- growing, with easy access to job centers west on Interstate 30, Interstate 20 and the LBJ/Interstate 635 loop. At the center of this area is Lake Ray Hubbard, which offers lakefront living and recreational amenities. Companies in the area include manufacturers such as Sanden International USA Inc., Extruders Inc. and Pepsi-Cola Bottling Company. Wholesalers include O’Reilly Automotive Distributors, Atlas Copco Drilling Solutions and America Marazzi Tile, Inc.

DALLAS LOVE FIELD

White Rock Lake

Sunnyvale

Mesquite

DALLAS

MESQUITE METRO AIRPORT

Balch Springs

Cockrell Hill DALLAS EXECUTIVE AIRPORT

Seagoville

DALLAS COUNTY EASTERN DALLAS COUNTY AREA BY THE NUMBERS ELLIS Population Households Average Household Size Median Age Median Household Income

176

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2014

2019

261,455

283,187

87,321

94,378

3.0

3.0

33.4

33.6

$60,253

$72,899

Average Household Income

$78,650

$92,355

Per Capita Income

$26,497

$31,044

SOURCE: ESRI, 2014

COUNTY

HOUSEHOLD EXPENDITURES (Average annual amount spent)

TOTAL EXPENDITURES Food Housing Apparel and Services Transportation

2013

$75,670 $9,117 $23,123 $1,655 $11,395

Travel

$2,084

Health Care

$4,826

Entertainment and Recreation

$3,558

Personal Care Products/Services Education

$852 $1,566

2015


HO CO

AROUND THE REGION | EASTERN DALLAS COUNTY AREA

SAMPLE OF EMPLOYERS IN THE EASTERN DALLAS COUNTY American Marazzi Tile, Inc. Atlas Copco Drilling Solutions Baylor Medical Center ROCKWALL MUNICIPAL AIRPORT

Fate

Columbia Commercial Building Products

RAINS COUN

Corrugated Services, Inc.

HUNT COUNTY

Rockwall Heath

Dallas Regional Medical Center Eastfield College Extruders Inc. Gulf Coast Transport, Inc. Hatco, Inc.

ROCKWALL COUNTY

KAUFMAN COUNTY

IntegraColor Interceramic USA Kraft Foods, Inc. Lake Pointe Medical Center Orange County Container Group O’Reilly Auto Parts Distribution Center Pepsi-Cola Bottling Company Raytheon

Forney

Sanden International USA, Inc. Sears Logistics Services Sherwin-Williams Stevens Transport United Parcel Service of America Valspar, Corp.

RACE AND ETHNICITY

2014

PERCENT

2019

PERCENT

EDUCATIONAL ATTAINMENT (Population 25+)

White Alone

166,508

63.7%

175,324

61.9%

TOTAL

Black Alone

45,306

17.3%

49,322

17.4%

Less Than 9th Grade

American Indian Alone

2,176

0.8%

2,401

0.8%

Asian Alone

8,623

3.3%

10,475

3.7%

Pacific Islander Alone Some Other Race Alone Two or More Races Hispanic Origin (Any Race)

2015

167

0.1%

188

0.1%

30,445

11.6%

35,683

12.6%

8,231

3.1%

9,797

3.5%

80,551

30.8%

95,376

33.7%

HENDERSON

2014

160,963 6.9%

9th-12th Grade, No Diploma

10.2%

High School Graduate

22.4%

VAN ZANDT COUNTY

GED/Alternative Credential Some College, No Degree

4.4%

25.1%

Associate Degree

8.0%

Bachelor’s Degree

15.8%

Graduate/Professional Degree

7.2%

D A L L A S ECONOMIC DEVELOPMENT G U I D E

177


NORTHWEST DALLAS COUNTY Northwest Dallas County is served by Interstate 35-E, Lyndon B. Johnson Freeway/Interstate 635 and State Highway 121. This area includes Dallas/ Fort Worth International Airport and its surrounding development of warehouses, distribution centers and office space. This area also includes Las Colinas, a mixed-use, master-planned community in the City of Irving. Las Colinas is an upscale business center and home to several Fortune 500 companies, including ExxonMobil Corp., Kimberly-Clark Corp., Energy Future Holdings, Celanese and Fluor Corp.

ADDISON AIRPORT

Carrollton

Coppell

Addison Farmers Branch

DFW INTERNATIONAL AIRPORT DALLAS LOVE FIELD

Irving

DA Cockrell Hill DALLAS EXECUTIVE AIRPORT

RKER UNTY

TARRANT COUNTY

NORTHWEST DALLAS COUNTY BY THE NUMBERS

RACE AND ETHNICITY

462,484

164,150

175,644

2.6

2.6

33.8

34.1

Median Household Income

$59,934

$73,329

Average Household Income

$83,752

$97,915

Per Capita Income

$31,858

$37,295

Households Average Household Size

2014

PERCENT

2019

PERCENT

White Alone

248,433

57.4%

252,202

54.5%

Black Alone

43,951

10.2%

48,385

10.5%

3,101

0.7%

3,319

0.7%

63,211

14.6%

75,538

16.3%

361

0.1%

385

0.1%

Some Other Race Alone

58,650

13.6%

65,479

14.2%

Two or More Races

15,076

3.5%

17,176

3.7%

157,802

36.5%

178,467

38.6%

American Indian Alone Asian Alone Pacific Islander Alone

Hispanic Origin (Any Race)

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2019

432,783

Population

Median Age

JOHNSON COUNTY

178

2014

SOURCE: ESRI, 2014

2015


AROUND THE REGION | NORTHWEST DALLAS COUNTY

SAMPLE EMPLOYERS IN THE NORTHWEST DALLAS COUNTY AREA Allstate

Hilton Reservations Worldwide

Abbott Laboratories

Kimberly Clark

Bank of America MBNA

Kronos International, Inc.

Blue Cross & Blue Shield of Texas

Mary Kay Cosmetics, Inc.

Carlson Restaurants Worldwide

Maxim Integrated Products Inc.

Celanese

McKesson Corporation

Fate Inc. Central Freight Lines, ROCKWALL

MetroPCS

MUNICIPAL AIRPORT Cisco Systems

Microsoft Corp.

Citigroup, Inc. Rockwall Commercial Metals CompuCom Systems, Inc. Heath Concentra Operating Corporation

ROCKWALL Dallas/Fort Worth International Airport COUNTY

White Rock Lake

Sunnyvale

Mesquite

ALLAS

MESQUITE METRO AIRPORT

Balch Springs

Monitronics International, Inc. HUNT NEC Corporation of America COUNTY RealPage ST Microelectronics, Inc. Telvista

Exxon Mobil Corp.

KAUFMAN COUNTY United Healthcare

Fluor

United Surgical Partners

GEICO Insurance Forney Glazer’s Family of Companies

Verizon

DaVita RX

The Container Store

Essilor of America, Inc.

Thomson Reuters - RIA

Zale Corporation

Haggar Corp. Halliburton Energy Services

HOUSEHOLD EXPENDITURES (Average annual amount spent)

Seagoville 2013

TOTAL EXPENDITURES

$90,064

Food

$10,828

Housing Apparel and Services Transportation

DALLAS COUNTY

$27,562 $2,013

$13,399

Travel Health Care

$2,503

ELLIS COUNTY $5,582

Entertainment and Recreation

$4,230

Personal Care Products/Services

$1,015

Education

$2,072

EDUCATIONAL ATTAINMENT (Population 25+)

TOTAL

2014

280,410

Less Than 9th Grade

8.6%

9th-12th Grade, No Diploma

8.3%

High School Graduate GED/Alternative Credential Some College, No Degree Associate Degree

16.9% 2.5%

Make time in Coppell.

HENDERSON COUNTY

5.9% 25.3%

Graduate/Professional Degree

12.6%

VAN ZAND COUNTY

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

19.9%

Bachelor’s Degree

2015

DOORWAY TO RUNWAY IN NO TIME FLAT.

NAVARRO COUNTY D A L L A S ECONOMIC DEVELOPMENT G U I D E

179


Frisco

Fairview

NORTHEAST DALLAS COUNTY Northeast Dallas County is served by the North Central Expressway, Lyndon B. Johnson Freeway/Interstate 635 and the President George Bush Turnpike. The area is home to the University of Texas at Dallas, which has a well-respected engineering program. The university provides an important synergy with the Coppell numerous technology firms in the area. Texas Instruments, which spurred the growth of high-tech innovation with the invention of the microchip by Jack Kilby, DFW operates its headquarters, research INTERNATIONAL facilities and a silicon wafer fabrication AIRPORT plant here. The area includes the region’s “Telecom Irving Corridor,” named for the concentration of such firms as Verizon Communications Inc. and the North American headquarters for Ericsson Inc. and Alcatel-Lucent.

Lucas

Allen

Parker

Plano

Murphy

ADDISON AIRPORT

Carrollton

Sachse

Richardson

Addison

Wylie

Garland

Farmers Branch

Rowlett

ROCKWALL MUNICIPAL AIRPORT

Fate

Rockwall DALLAS LOVE FIELD

Heath

RO

White Rock Lake

Sunnyvale

DALLAS Cockrell Hill

Mesquite

MESQUITE METRO AIRPORT

Forney

Balch Springs

DALLAS EXECUTIVE AIRPORT

Seagoville

DALLAS COUNTY

SAMPLE OF EMPLOYERS IN NORTHEAST DALLAS COUNTY Alcatel-Lucent

MetroPCS

Alon Brands, Inc.

Owens Foods, Inc.

AMX Corporation

Raytheon Co.

APEX Tool Group Baylor Medical Center Blue Cross & Blue Shield of Texas Cisco Systems Ericsson, Inc. Flexjet Fossil, Inc. Fujitsu Network Communications id Software Interceramic, Inc. Kingsley Tools Lennox International, Inc.

ELLIS COUNTY Rockwell Collins Samsung Telecommunications America Sherwin Williams State Farm Insurance Sears Logistics Services Tektronix Triquint Semiconductor University of Texas at Dallas US Food Service Trident Metals Virtual Computing Environment (VCE)

L-3 Communications

180

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SOURCE: ESRI, 2014

2015

NAV COU


Population Households

HOUSEHOLD EXPENDITURES (Average annual amount spent)

2014

2019

415,260

439,816

143,160

HOPKINS COUNTY

TOTAL EXPENDITURES Food

151,255

Housing

Average Household Size

2.9

Median Age

35.5

Apparel and Services Transportation

35.9

Median Household Income

$62,520

$75,310

Average Household Income

$82,955

$96,151

Per Capita Income

$28,693

$33,178

HUNT COUNTY

OCKWALL COUNTY

2.9

$2,241

Entertainment and Recreation

$3,752

RAINS COUNTY

Education

EDUCATIONAL ATTAINMENT (Population 25+)

250,796

60.4%

253,574

57.7%

TOTAL

Black Alone

53,271

12.8%

57,845

13.2%

Less Than 9th Grade

2,870

0.7%

3,074

0.7%

KAUFMAN COUNTY Asian Alone

Pacific Islander Alone

47,589

11.5%

56,205

12.8%

187

0.0%

205

0.0%

Some Other Race Alone

46,309

11.2%

52,512

11.9%

Two or More Races

14,239

3.4%

16,400

3.7%

125,639

30.3%

144,812

32.9%

Hispanic Origin (Any Race)

$897 $1,731

White Alone

American Indian Alone

$1,747 $11,808 $5,096

Personal Care Products/Services

PERCENT

$9,529 $24,382

Health Care

2014

2019

$79,674

Travel

RACE AND ETHNICITY

PERCENT

2013

2014

266,427

9th-12th Grade, No Diploma High School Graduate GED/Alternative Credential Some College, No Degree

8.3% 8.6% 19.0% 3.1% 23.2%

Associate Degree

7.0%

Bachelor’s Degree

21.0%

Graduate/Professional Degree

AROUND THE REGION | NORTHEAST DALLAS COUNTY

NORTHEAST DALLAS COUNTY BY THE NUMBERS

9.8%

VAN ZANDT COUNTY HENDERSON COUNTY

VARRO UNTY 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

181


SOUTHERN DALLAS COUNTY AREA

DALLAS

Southern Dallas County, the “Best Southwest” region, offers key transportation links through Interstate 20, Interstate 45, Interstate 35-E and U.S. Highway 67. Access to major highways and also major rail links, provides the foundation for the Dallas Logistics Hub, a multimodal development in southern Dallas County. Transportation access is also a key selling point for many of the other companies in the area, including manufacturers such as Fujikoki America and Consolidated Casting Corporation. The area also includes the Dallas campus of the University of North Texas. Best Southwest encompasses several suburban communities, among them Cedar Hill, Duncanville, DeSoto, Wilmer, Hutchins and Lancaster.

Cockrell Hill DALLAS EXECUTIVE AIRPORT

Hutchins

Duncanville Lancaster

DeSoto

Cedar Hill

LANCASTER REGIONAL AIRPORT

Glenn Heights Ovilla Red Oak Midlothian

Waxahachie

SOUTHERN DALLAS COUNTY AREA BY THE NUMBERS Population Households Average Household Size Median Age Median Household Income

TY 182

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2014

2019

264,553

282,962

91,091

97,361

2.9

2.9

34.7

34.9

$59,006

$69,767

Average Household Income

$74,978

$86,400

Per Capita Income

$26,121

$30,085

SOURCE: ESRI, 2014

HOUSEHOLD EXPENDITURES (Average annual amount spent)

TOTAL EXPENDITURES Food Housing Apparel and Services Transportation

2013

$72,094 $8,616 $21,937 $1,563 $10,843

Travel

$1,995

Health Care

$4,708

Entertainment and Recreation

$3,411

Personal Care Products/Services Education

$808 $1,485

2015


KAUFMAN COUNTY

Sunnyvale

MESQUITE METRO AIRPORT

Forney

AROUND THE REGION | SOUTHERN DALLAS COUNTY AREA

Mesquite

SAMPLE OF EMPLOYERS IN THE SOUTHERN DALLAS COUNTY AREA American Leather

Balch Springs

BMW Brass Craft Western Co. Cedar Valley College Consolidated Casting Corporation Dallas Auto Auction

Seagoville

Daltile Frito-Lay Fujikoki America Inc. Home Depot

Wilmer

Hyundai Mobis

DALLAS COUNTY

Kohl’s L’Oréal Manheim Dallas McGraw-Hill Companies Inc. Mission Foods

ELLIS COUNTY

Niagara Bottling Oak Creek Homes Old Dominion Freight Line, Inc. O’Reilly Auto Parts Quaker Oats Sam’s Club Distribution Center Solar Turbines Incorporated Solo Cup Company

VAN COUN

Texwood Industries Inc. Trirumph Aerostructures UNT Dallas Whirlpool

HENDERSON COUNTY RACE AND ETHNICITY

NAVARRO COUNTY

2014

PERCENT

2019

PERCENT

EDUCATIONAL ATTAINMENT (Population 25+)

2014

White Alone

115,976

43.8%

120,281

42.5%

TOTAL

Black Alone

112,977

42.7%

121,400

42.9%

Less Than 9th Grade

4.8%

9th-12th Grade, No Diploma

7.7%

American Indian Alone

1,406

0.5%

1,576

0.6%

Asian Alone

2,887

1.1%

3,416

1.2%

Pacific Islander Alone Some Other Race Alone Two or More Races Hispanic Origin (Any Race)

2015

146

0.1%

186

0.1%

24,371

9.2%

28,215

10.0%

6,787

2.6%

7,891

2.8%

60,094

22.7%

70,391

24.9%

166,616

High School Graduate GED/Alternative Credential Some College, No Degree

23.1% 4.1% 28.1%

Associate Degree

7.1%

Bachelor’s Degree

17.5%

Graduate/Professional Degree

7.6%

D A L L A S ECONOMIC DEVELOPMENT G U I D E

183


Plano

PARK CITIES AND VICINITY Contained within the boundaries of the city of Dallas, the cities of Highland Park and University Park are minutes from downtown Dallas and the uptown Dallas area. The Park Cities maintain their own governance, city services and schools. Located north of downtown Dallas, the Park Cities are linked via the North Dallas Tollway and Northwest Highway. Within University Park lies Southern Methodist University, with its well-respected Cox School of Business and Dedman School of Law. Adjacent to the Park Cities is a major hospital complex, including UT Southwestern Medical Center, Presbyterian Hospital, Children’s Medical Center, Parkland Health and Hospital System and Texas Scottish Rite Hospital. The area includes Dallas Love Field, which hosts the headquarters of Fortune 500 firms Southwest Airlines Co. and Affiliated Computer Services Inc. Highland Park is home to the historic Highland Park Village, a high-end retail center that was built in 1931, the first planned shopping center of its kind in the U.S. Highland Park was designed by Wilbur David Cook, the same planner who laid out Beverly Hills, California. The name was derived from the fact that the area sits at a higher elevation than Dallas and from plans of the city founders to set aside 20 percent of area land for parks.

ADDISON AIRPORT

Carrollton

Coppell

Richardson

Addison Farmers Branch

DFW INTERNATIONAL AIRPORT DALLAS LOVE FIELD

Irving

White Rock Lake

DALLAS Cockrell Hill DALLAS EXECUTIVE AIRPORT

PARK CITIES BY THE NUMBERS 2014

Population Households Average Household Size Median Age

D A L L A S ECONOMIC DEVELOPMENT G U I D E

166,291

74,130

79,747

2.04

2.05

34.9

35.6

Median Household Income

$65,288

$82,170

Average Household Income

$106,917

$130,005

$51,683

$62,754

Per Capita Income

184

154,371

2019

SOURCE: ESRI, 2014

HOUSEHOLD EXPENDITURES (Average annual amount spent)

TOTAL EXPENDITURES

2013

$103,815

Food

$12,682

Housing

$33,483

Apparel and Services Transportation

$2,442 $14,360

Travel

$2,747

Health Care

$5,954

Entertainment and Recreation

$4,902

Personal Care Products/Services

$1,136

Education

$2,514

2015


Parker

SAMPLE OF EMPLOYERS IN PARK CITIES

Wylie

AROUND THE REGION | PARK CITIES

Murphy

Bombardier Children’s Medical Center

Sachse

Dean Foods

Garland

ROCKWALL MUNICIPAL AIRPORT

Rowlett

Fate

Fiserv Gulfstream Aerospace Corporation Jones Lang LaSalle

HUNT COUNTY

Neiman Marcus

Rockwall

Nordstrom

NorthPark Center

Parkland Health & Hospital System

Heath

ROCKWALL COUNTY

The Richards Group

KAUFMAN COUNTY

Southern Methodist University Southwest Airlines

Sunnyvale

Mesquite

Presbyterian Hospital—Dallas

Texas Scottish Rite Hospital for Children

University of Texas Southwestern Medical Center at Dallas MESQUITE METRO AIRPORT

Xerox

Forney

Balch Springs

Seagoville

DALLAS COUNTY RACE AND ETHNICITY

ELLIS COUNTY 2014

PERCENT

2019

PERCENT

White Alone

11,646

76.9%

125,047

75.2%

Black Alone

10,205

6.6%

11,161

6.7%

American Indian Alone Asian Alone Pacific Islander Alone Some Other Race Alone Two or More Races Hispanic Origin (Any Race)

2015

EDUCATIONAL ATTAINMENT (Population 25+)

TOTAL

2014

108,602

Less Than 9th Grade

5.8%

9th-12th Grade, No Diploma

4.7%

751

0.5%

842

0.5%

7,191

4.7%

8,798

5.3%

58

0.0%

63

0.0%

13,994

9.1%

16,106

9.7%

Associate Degree

3.9%

3,527

2.3%

4,273

2.6%

Bachelor’s Degree

35.1%

36,897

23.9%

43,757

26.3%

Graduate/Professional Degree

25.1%

High School Graduate

9.1%

GED/Alternative Credential

1.4%

Some College, No Degree

V C

14.9%

D A L L A S ECONOMIC DEVELOPMENT G U I D E

185


ARLINGTON / GRAND PRAIRIE AREA The area around Arlington and Grand Prairie offers easy access to both Dallas and Fort Worth job centers and key transportation links for distribution operations. The area includes major operations for aerospace giant Lockheed Martin Corp. and Triumph Group Inc.’s Vought Aircraft Division. Arlington hosts a major assembly plant for General Motors, serving as the company’s sole location to produce its popular SUV models. Arlington is home to the University of Texas at Arlington, which is among three Dallas–Fort Worth area schools striving to reach Tier 1 status as research institutions. Arlington offers residents easy eastwest access to Dallas and Fort Worth along Interstate 20 and Interstate 30. North-south access is available via Highway 360 and the expansion of Highway 161. Arlington is home to two of the region’s top sports venues and family-friendly theme parks operated by Six Flags Theme Parks Inc. The National Football League’s Dallas Cowboys play at the massive AT&T Stadium and Major League Baseball’s Texas Rangers play at the Rangers Ballpark at Arlington. Grand Prairie hosts the horse racing complex Lone Star Park.

DA L F

Pantego

Cockrell Hill Dalworthington Gardens

ARLINGTON MUNICIPAL AIRPORT

Arlington

TARRANT COUNTY

DALLAS EXECUTIV AIRPORT

Grand Prairie

Duncanville

DeSo

Cedar Hill Mansfield

Glenn Ovilla

NSON NTY

Midlothian

W

186

D A L L A S ECONOMIC DEVELOPMENT G U I D E

2015


ALLAS LOVE FIELD

S VE T

oto

ARLINGTON / GRAND PRAIRIE AREA BY THE NUMBERS 2014

2019

Population

622,291

654,369

Households

217,466

227,971

3.4

3.4

32.6

33.1

Median Household Income

$56,547

$67,499

Average Household Income

$26,088

$30,331

Average Household Size Median Age

Per Capita Income

$25,424

ROCKWALL MUNICIPAL AIRPORT

Fate

HUNT COUNTY

Rockwall

$29,457

Heath HOUSEHOLD EXPENDITURES White (Average annual amount spent)

2013

Rock Lake

TOTAL EXPENDITURES

EDUCATIONAL ATTAINMENT (Population 25+)

$71,580

Food

TOTAL

$8,695

Housing

$1,593

Transportation

DALLAS

$4,464

Entertainment and Recreation

$3,337

Personal Care Products/Services

Mesquite

Associate Degree Bachelor’s Degree

2014

PERCENT

24.8%

MESQUITE METRO AIRPORT

7.2% Forney 19.5%

2019

8.5%

PERCENT

White Alone

352,501

56.6%

356,156

54.4%

121,180

19.5%

132,942

20.3%

4,302

0.7%

4,506

0.7%

41,184

6.6%

45,095

6.9%

0.1%

649

0.1%

Hutchins

Asian Alone

Seagoville

Wilmer

Pacific Islander Alone

640

Lancaster Some Other Race Alone

80,738

13.0%

90,540

13.8%

Two or More Races

21,747

3.5%

24,480

3.7%

202,624

32.6%

230,726

35.3%

LANCASTER REGIONAL AIRPORT

Hispanic Origin (Any Race)

n Heights

KA C

3.8%

Black Alone American Indian Alone

ROCKWALL COUNTY

19.8%

Balch Graduate/Professional Degree Springs

$1,532

RACE AND ETHNICITY

8.9%

Some College, No Degree

$807

Education

9th-12th Grade, No Diploma

GED/Alternative Credential

$1,950

Health Care

7.6%

High School Graduate

$10,714

Travel

382,755

Less Than 9th Grade

Sunnyvale

$22,074

Apparel and Services

2014

DALLAS COUNTY

ELLIS COUNTY

SAMPLE OF EMPLOYERS IN THE ARLINGTON / GRAND PRAIRIE AREA

Red Oak

Aetna Inc.

General Motors Financial

Poly-America Inc.

Americredit

Hanson Pipe and Products

Siemens Dematic

American Eurocopter

J.P. Morgan Chase

Six Flags Over Texas

AT&T Stadium

Klein Tools

Texas Health Resources

Bell Helicopter Textron, Inc.

L-3 Communications

Cummins Southern Plains

Lockheed Martin Missiles and Fire Control

Arlington Memorial Hospital

Dallas Cowboys First Cash Financial

Lone Star Park

GM Arlington Assembly Plant

Mouser Electronics

Waxahachie Services

Medical Center of Arlington NOVO 1

Texas Rangers University of Texas at Arlington YRC Worldwide Technologies, Inc.

SOURCE: ESRI, 2014

2015

HENDE

D A L L A S ECONOMIC DEVELOPMENT G U I D E


K Y

FORT WORTH AND VICINITY The city of Fort Worth is the 16th largest city in the U.S., with a population of 758,738 (2011 estimate). Fort Worth and Tarrant County was one of the fastest growing areas in the U.S. in the past decade. It is continually recognized by Money, Fortune and other magazines as one of the “Best Places to Live and Work.” Growth in companies like Lockheed Martin, Texas Health Resources and Fidelity, combined with the economic impact of natural gas drilling in the Barnett Shale, helped limit the impact of the recession on the DFW region. The Alliance area in north Fort Worth serves as a major intermodal distribution center for many large companies. This area has been the catalyst for the most recent growth. Several companies call Fort Worth home, including American Airlines, Pier 1 Imports, XTO Energy and BNSF Railway. Other companies in the area include Justin Brands, FedEx, Ben E. Keith and Williamson Dickie. Health care, finance, telecommunications, education, tourism, retail trade and services are also significant economic sectors for the area. Fort Worth also has numerous cultural and entertainment attractions, including the nationally ranked Fort Worth Zoo, a world-class museum district, the Bass Performance Hall, the Historic Stockyards District, Sundance Square and the Texas Motor Speedway.

D NTY

FORT WORTH ALLIANCE AIRPORT

Haslet

Watauga

Saginaw

Blue Mound

Lake Worth

NAS FORT WORTH JOINT RESERVE BASE

Haltom City

FORT WORTH MEACHAM INTERNATIONAL AIRPORT

River Oaks

White Settlement

Westover Hills Pantego

FORT WORTH Benbrook

Forest Hill Kennedale Everman

Edgecliff Village

PARKER COUNTY

TARRANT COUNTY

Crowley

Dalworth Gardens

FORT WORTH SPINKSL AIRPORT

Arlington

Mansfi

Rendon CDP

Burleson

JOHNSON COUNTY SAMPLE OF EMPLOYERS IN THE FORT WORTH AREA Alcon Laboratories, Inc.

DB Schenker

Allied Electronics

D R Horton, Inc.

NAS Fort Worth Joint Reserve Base

Amazon.com

DynCorp International

Pier 1 Imports

American Airlines Group

Fidelity Investments

Radio Shack Corp.

ATC Logistics & Electronics

FedEx Freight

Texas Christian University

General Motors Financial

Texas Health Resources Harris Methodist Hospital

Baylor All Saints Medical Center Bell Helicopter Textron, Inc.

Triad Financial

Haggar Clothing Co

Union Pacific

Lockheed Martin Corp.

UNT Health Science Center XTO Energy, Inc.

Chesapeake Energy

Mercedes-Benz Financial Services

Con-Way Freight

MillerCoors, LLC.

Behringer Harvard

188

D A L L A S ECONOMIC DEVELOPMENT G U I D E

TD Ameritrade

John Peter Smith Hospital

Ben E. Keith Foods

SOMERVELL COUNTY

JCPenney Distribution Center

BNSF Railway Company

SOURCE: ESRI, 2014

HILL COUNTY

2015


2014

Population

1,039,094

Households

HOUSEHOLD EXPENDITURES (Average annual amount spent)

2019

1,129,762

367,485

398,648

Median Age DALLAS LOVE FIELD Income Median Household

$67,104

$78,083

Per Capita Income

$24,015

$27,876

DALLAS 2014

Hill

American Indian Alone DALLAS Asian EXECUTIVE Alone AIRPORT

n

Pacific Islander Alone

Duncanville Some Other Race Alone Two or More Races

Cedar Hill

33.3

Average Household Income

BlackCockrell Alone

Grand Prairie

32.7

$59,521

White Alone

ARLINGTON MUNICIPAL AIRPORT

2.8

White $50,946 Rock Lake

RACE AND ETHNICITY

hington s

2.8

PERCENT

$7,845

Rockwall

Apparel and Services

$1,421

Transportation

$9,780

Travel

Heath

$1,742

ROCKWALL $4,146 COUNTY $3,033

Health Care Personal Care Products/Services Sunnyvale Education

659,429

63.5%

697,971

16.5%

191,584

61.8% Balch Springs 17.0%

2014

Forney

AIRPORT

171,290

$724 $1,333

EDUCATIONAL ATTAINMENT Mesquite MESQUITE PERCENT METRO (Population 25+)

2019

TOTAL

641,511

Less Than 9th Grade

9.2%

9th-12th Grade, No Diploma

10.0%

High School Graduate

21.3%

6,887

0.7%

7,467

0.7%

38,909

3.7%

45,567

4.0%

1,058

0.1%

1,159

0.1%

Hutchins 12.3% 146,289

12.9%

Associate Degree

6.2%

3.5%

Bachelor’s Degree

16.9%

127,937

3.2%

39,719

347,750 Hispanic Origin (Any Race) Lancaster

33.5%

404,985

LANCASTER REGIONAL AIRPORT

field

$19,803

Entertainment and Recreation

33,586

DeSoto

$64,661

Food Housing

Average Household Size

2013

Fate

ROCKWALL MUNICIPAL TOTAL EXPENDITURESAIRPORT

Glenn Heights Ovilla Red Oak Midlothian

Wilmer

GED/Alternative Credential

H C

4.6%

Seagoville

Some College, No Degree

24.0%

Graduate/Professional Degree

7.8%

DALLAS COUNTY 35.8%

AROUND THE REGION | FORT WORTH AND VICINITY

FORT WORTH AREA BY THE NUMBERS

ELLIS COUNTY

Waxahachie

EXPLORE THE OPPORTUNITIES IN BENBROOK An ideal location adjacent to Fort Worth and centrally located in North Texas, Benbrook is part of one of the nation’s fastest growing regions. Benbrook offers great sites and sound infrastructure essential to growth and success and is easily accessible by IH–20 and US 377. Benbrook is open for business, and looking to help you develop commercial, residential and industrial properties.

H C NAVARRO COUNTY

FORT WORTH

Economic growth and opportunity awaits you in Benbrook. Contact: Cathy Morris | Benbrook EDC | 817.249.6990

2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

189


NORTHEAST TARRANT COUNTY Northeast Tarrant County, located northeast of downtown Fort Worth, includes the Alliance Texas development to the north and Dallas/Fort Worth International Airport to the east. The area is home to several Fortune 1000 firms, including BNSF Railway Company, American Airlines Inc. parent American Airlines Group and SuperMedia LLC. Bell Helicopter, travel technology firm Sabre Holdings Corp. and aviation parts supplier Aviall Inc. are also based here, building on the synergy of the region’s aviation and aerospace firms and proximity to DFW Airport. The area is also home to several key distribution points for major companies, including UPS and FedEx, which operate major hubs at DFW Airport and Alliance Airport.

Roanoke Trophy Club Westlake

Grapevine

Southlake

Keller

DFW INTERNATIONAL AIRPORT

Colleyville North Richland Hills

Bedford

DALLAS LOVE FIELD

Euless

Hurst

FORT WORTH

PARKER COUNTY

DALLAS EXECUTIVE AIRPORT

TARRANT COUNTY

JOHNSON COUNTY

190

Cockrell Hill

D A L L A S ECONOMIC DEVELOPMENT G U I D E

SAMPLE EMPLOYERS IN THE NORTHEAST TARRANT COUNTY AREA Allied Electronics

Fidelity Investments

American Airlines Group

Gamestop

ATC Logistics & Electronics

Gaylord Texan Resort

Atco Rubber Products, Inc.

Great Wolf Lodge

Bell Helicopter

LSG Sky Chefs

Bimbo Bakeries USA

Redi-Mix Concrete

BNSF Railway Company

Sabre Holdings

Carter BloodCare

TD Ameritrade

Coca-Cola Bottling Co.

Touchstone Wireless LP

Con-way Freight

United Parcel Service

Core Logic

W. W. Grainger, Inc.

SOURCE: ESRI, 2014

2015


Population Households

2019

374,649

398,926

145,742

155,089

2.6

2.6

Average Household Size Median Age Median Household Income Average Household Income

39.7

$74,802

$87,740

$101,273

$119,416

$39,435

$46,471

RACE AND ETHNICITY

2014

White Alone

299,716

80.0%

310,664

77.9%

Black Alone

20,566

5.5%

24,175

6.1%

American Indian Alone Asian Alone Pacific Islander Alone

DALLAS

39.9

2,293

PERCENT

0.6%

2019

2,493

PERCENT

0.6%

19,516

5.2%

22,998

5.8%

1,687

0.5%

1,755

0.4%

2013

TOTAL EXPENDITURES

$97,072

Food

$11,530

Housing

$29,539

Apparel and Services

ROCKWALL CO.

Per Capita Income

White Rock Lake

HOUSEHOLD EXPENDITURES (Average annual amount spent)

2014

Transportation

$2,134 $14,272

Travel

$2,753

Health Care

$6,257

Entertainment and Recreation

$4,590

Personal Care Products/Services

$1,086

Education

$2,221

HUNT COUNTY

EDUCATIONAL ATTAINMENT (Population 25+)

TOTAL

2014

253,036

KAUFMAN COUNTY

Less Than 9th Grade

2.6%

9th-12th Grade, No Diploma High School Graduate

4.6%

16.3%

GED/Alternative Credential Some College, No Degree

AROUND THE REGION | NORTHEAST TARRANT COUNTY

NORTHEAST TARRANT COUNTY BY THE NUMBERS

3.2% 25.0%

Some Other Race Alone

19,721

5.3%

23,436

5.9%

Associate Degree

7.4%

Two or More Races

11,152

3.0%

13,409

3.4%

Bachelor’s Degree

28.2%

Hispanic Origin (Any Race)

58,916

15.7%

72,226

18.1%

Graduate/Professional Degree

12.6%

DALLAS COUNTY ELLIS COUNTY

VAN COU HENDERSON COUNTY 2015

NAVARRO COUNTY

D A L L A S ECONOMIC DEVELOPMENT G U I D E

191


DENTON AREA The Denton County area provides a key connection point for Interstates 35-E and 35-W, offering easy access to both Dallas and Fort Worth job centers, as well as points north via Interstate 35. Denton is home of the University of North Texas, which is one of the three Dallas–Fort Worth area universities striving for Tier 1 status as a research institution and to Texas Woman’s University. Denton also hosts a number of manufacturing facilities, including those operated by Overhead Door Corp., Peterbilt Motors Co. and Jostens Inc. The fast-growing Denton County area offers several communities that are close to job centers but offer a small-town lifestyle.

Cross Roads

Denton DENTON MUNICIPAL AIRPORT

Oak Point

Ponder

Shady Shores

Corinth Argyle Northlake

Copper Canyon

Bartonville

Lake Dallas Hickory Creek

Lewisville Flower Mound

2014

461,780

151,625

168,320

2.7

2.7

32.5

33.2

Median Household Income

$75,003

$84,498

Average Household Income

$93,741

$107,936

Per Capita Income

$34,401

$39,730

Households

Median Age

RACE AND ETHNICITY

JOHNSON COUNTY

192

D A L L A S ECONOMIC DEVELOPMENT G U I D E

DALLAS LOVE FIELD

2019

417,462

Population

Average Household Size

TARRANT COUNTY

The Colony

Highland Village

Double Oak

DENTON AREA BY THE NUMBERS

PARKER COUNTY

Little Elm

2014

PERCENT

2019

Cockrell Hill DALLAS EXECUTIVE AIRPORT

PERCENT

White Alone

304,202

72.9%

319,614

69.2%

Black Alone

39,999

9.6%

51,805

11.2%

2,883

0.7%

3,154

0.7%

25,471

6.1%

32,331

7.0%

336

0.1%

390

0.1%

Some Other Race Alone

31,303

7.5%

38,237

8.3%

Two or More Races

13,266

3.2%

16,247

3.5%

Hispanic Origin (Any Race)

88,779

21.3%

106,645

23.1%

American Indian Alone Asian Alone Pacific Islander Alone

SOURCE: ESRI, 2014

2015


Ally Denton Regional Medical Center EMC Mortgage Corp. FEMA—Texas National Processing Service Center Fidelity Investments Jostens, Inc. Labinal, LLC. Medical Center of Lewisville Nationstar Mortgage Overhead Door Corp.

AROUND THE REGION | DENTON AREA

S

SAMPLE EMPLOYERS IN THE AREA

Peterbilt Motors Co. Sally Beauty Supply Sysco Food Services Texas Health Presbyterian Hospital Denton Texas Woman’s University TIAA-CREF ROCKWALL MUNICIPAL AIRPORT

Fate

University of North Texas Xerox Corp.

HUNT COUNTY

Rockwall

Verizon

Heath HOUSEHOLD EXPENDITURES White (Average annual amount spent) Rock

ROCKWALL COUNTY

2013

Lake

TOTAL EXPENDITURES

$90,064

Food

$10,828

Housing

$27,562

Sunnyvale

Apparel and Services

Mesquite $2,013

Transportation

$13,399

DALLAS

Travel

Health Care

$4,230 $1,015

Education

$2,072

Less Than 9th Grade 9th-12th Grade, No Diploma High School Graduate GED/Alternative Credential Some College, No Degree Associate Degree

Seagoville

2014

DALLAS COUNTY 257,131 3.8%

5.2%

15.3%

ELLIS COUNTY 3.1%

25.6%

7.9%

Bachelor’s Degree

26.8%

Graduate/Professional Degree

12.3%

2015

Forney

Balch Springs $5,582

Personal Care Products/Services

TOTAL

KAUFMAN COUNTY

$2,503

Entertainment and Recreation

EDUCATIONAL ATTAINMENT (Population 25+)

MESQUITE METRO AIRPORT

Thermadyne

D A L L A S ECONOMIC DEVELOPMENT G U I D E

VAN 193


DENTON COUNTY

COLLIN COUNTY

WESTERN COLLIN COUNTY

Celina

Collin County is one of the fastestgrowing and most affluent areas in the Dallas–Fort Worth region, driven by the growth of corporate headquarters and major company operations for leading technology firms and well-known consumer brands. The western portion of Collin County is home to several Fortune 1000 firms, including JCPenney Company. Inc., Dr Pepper Snapple Group and Alliance Data Systems. The area is also home to the North American headquarters for several other major firms, including Ericsson Inc. and Frito-Lay North America, Inc. Toyota is relocating their North American headquarters to Plano, bringing 4,000 jobs to western Collin County. Located north of Dallas, the area is served by North Central Expressway, the North Dallas Tollway, President George Bush Turnpike and State Highway 121.

Prosper

Frisco

Plano

Coppell

ADDISON AIRPORT

Carrollton

Addison Farmers Branch

DFW INTERNATIONAL AIRPORT DALLAS LOVE FIELD

Irving

White Rock Lake

Sunnyv

SAMPLE OF EMPLOYERS IN WESTERN COLLIN COUNTY Alliance Data Systems

FedEx Office

Amerisource Bergen Specialty Group

Fonality

Careington International

Balch North American Coal Springs Corp

Cigna

Gearbox Software DALLAS

Pizza Hut of America, Inc.

Cinemark

AIRPORT GENBAND

Randstad Technologies

CLA USA, Inc

Golden Living (GGNSC Holdings, LLC)

Rent-A-Center, Inc.

Goodman Networks

ThyssenKrupp Elevators

Dell Services

EXECUTIVE

HP Enterprise Services

Denbury Resources, Inc.

Huawei Technologies (USA)

Dr Pepper Snapple Group Inc.

IKEA Frisco J. C. Penney Company, Inc.

Ericsson

Kenexa, an IBM Company

SOURCE: ESRI, 2014

M

A

Capital One Finance

CROSSMARK

D A L L A S ECONOMIC DEVELOPMENT G U I D E

DALLAS Market Street

CockrellMarketing Group Furniture Hill (FMG)

Conifer Health Solutions

194

Frito-Lay

Mario Sinacola & SonsMesquite Excavating

Oracle

Seag

Tenet Texas RBO Toyota North America T-Mobile USA

DALLAS COUNTY

ELLIS COUN

2015


Households

2019

430,329

481,338

157,188

Average Household Size Median Age

Average Household Income Per Capita Income

36.7

$98,704

$111,075

RACE AND ETHNICITY

2014

White Alone

290,933 37,003

American Indian Alone Asian Alone

1,970

67.6% 8.6% 0.5%

306,534 46,955 2,115

$2,599 $17,073

63.7%

$3,425

Health Care

$7,339

Entertainment and Recreation

$5,567

Personal Care Products/Services

$1,334

Education

$2,717

EDUCATIONAL ATTAINMENT (Population 25+)

PERCENT

279,170

9.8% 0.4%

9th-12th Grade, No Diploma

15.3%

83,948

17.4%

227

0.1%

264

0.1%

Some Other Race Alone

20,478

4.8%

24,252

5.0%

Two or More Races

13,992

3.3%

17,267

3.6%

Hispanic Origin (Any Race)

63,605

14.8%

77,453

16.1%

2014

TOTAL Less Than 9th Grade

65,725

Pacific Islander Alone

$35,731

Travel

$52,726

2019

$13,895

Housing Transportation

$144,628

PERCENT

$117,528

Food Apparel and Services

36.4

$44,971

Black Alone

ROCKWALL MUNICIPAL AIRPORT

2.74

$122,910

2013

TOTAL EXPENDITURES

175,189

2.73

Median Household Income

HOUSEHOLD EXPENDITURES (Average annual amount spent)

2014

3.1%

High School Graduate

AROUND THE REGION | WESTERN COLLIN COUNTY

Population

HOPKINS COUNTY 3.0%

11.0%

GED/Alternative Credential Some College, No Degree

1.7%

19.4%

Associate Degree

7.0%

Bachelor’s Degree

36.1%

Graduate/Professional Degree

18.7%

Fate

RAINS COUNTY

HUNT COUNTY

Rockwall Heath

ROCKWALL COUNTY

vale

MESQUITE METRO AIRPORT

DELTA COUNTY

COUNTY WESTERN COLLIN COUNTY BY THE NUMBERS

Plano, Texas. Smart people. Smart place.

Smart choice.

KAUFMAN COUNTY

Forney

goville

S Y

S NTY

Pizza Hut/Yum! Restaurants International

Frito-Lay

Ericsson

Plano provides companies access to the entire Dallas/Fort Worth Metroplex. We’re only 30 minutes away from DFW International Airport. Plano boasts a lower cost of living, less taxes and a young, talented and highly educated workforce. Call us or go online at planotexas.org and find out why CEOs choose Plano.

Rent-A-Center

Economic Development

972-208-8300 • planotexas.org • 5601 Granite Parkway • Suite 310 • Plano, Texas 75024 2015 DRC.Plano HQ AD.indd 1

D A L L A S ECONOMIC DEVELOPMENT G U I D E 1/20/15 3:01 PM

195


COUNTY COLLIN COUNTY

EASTERN COLLIN COUNTY Eastern Collin County is home to Fortune 1000 firm Torchmark Corporation. Numerous well-known companies have offices here, including Raytheon. Job growth in the area has fueled residential development, creating a fast-changing landscape as farms and ranchland are converted to neighborhoods, corporate campuses and retail centers. Major roads nearby provide convenient access to other portions of the area, including North Central Expressway, the North Dallas Tollway, President George Bush Turnpike and State Highway 121.

Celina

Prosper McKinney

Frisco

McKINNEY NATIONAL AIRPORT

Fairview Lucas

Allen

Parker

Plano

Murphy

Coppell

Carrollton

Wylie

ADDISON AIRPORT

Addison ROCKWALL MUNICIPAL AIRPORT

Farmers Branch DFW INTERNATIONAL AIRPORT

Rockwall DALLAS LOVE FIELD

Irving

Heath White Rock Lake

Sunnyvale

DALLAS 196

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Cockrell Hill

Mesquite

MESQUITE METRO AIRPORT

Forney

Balch Springs SOURCE: ESRI, 2014

2015


EASTERN COLLIN COUNTY BY THE NUMBERS Population Households

2019

324,504

367,400

107,318

Average Household Size Median Age

3.0

34.4

Per Capita Income

$118,255

$138,424

$39,271

$46,025

$113,115 $13,361

Housing

$34,056 $2,467

Transportation

$109,112

$16,688

Travel

$3,296

Health Care

$7,112

Entertainment and Recreation

$5,396

Personal Care Products/Services

$1,290

Education

$2,471

EDUCATIONAL ATTAINMENT (Population 25+)

RACE AND ETHNICITY

2014

White Alone

229,475

70.7%

246,146

67.0%

TOTAL

Black Alone

35,077

10.8%

44,658

12.2%

Less Than 9th Grade

2.7%

2,053

0.6%

2,290

0.6%

9th-12th Grade, No Diploma

3.2%

29,516

9.1%

39,391

10.7%

213

0.1%

260

0.1%

American Indian Alone Asian Alone Pacific Islander Alone

PERCENT

2019

PERCENT

Some Other Race Alone

17,676

5.4%

21,440

5.8%

Two or More Races

10,492

3.2%

13,214

3.6%

Hispanic Origin (Any Race)

51,863

16.0%

64,412

17.5%

2014

198,066

High School Graduate

13.5%

GED/Alternative Credential Some College, No Degree Associate Degree

8.0%

Bachelor’s Degree

33.6%

Graduate/Professional Degree

14.3%

HOPKIN COUNTY

Allen Independent School District

KONE, Inc.

Allen Premium Outlets

Micron Technology

Ascend Custom Extrusion

North Texas Municipal Water District

Atlas Copco

Performance Food Group

Baylor Medical Center at McKinney

PFSweb

CVE Technology Group

Quest Medical (Atrion Corporation)

Emerson Process Management Regulator Technologies, Inc

Raytheon Company

Encore Wire Corporation

Texas Health Presbyterian Hospital

HUNT COUNTY

Experian Information Solutions

ROCKWALL COUNTY

Frontier Communications Holland USA

KAUFMAN COUNTY

Homeland Healthcare

Jack Henry & Associates

2015

2.4% 22.3%

SAMPLE OF EMPLOYERS IN EASTERN COLLIN COUNTY

Fate

2013

Food Apparel and Services

34.8

$98,722

Average Household Income

TOTAL EXPENDITURES

121,680

3.0

Median Household Income

HOUSEHOLD EXPENDITURES (Average annual amount spent)

2014

DELTA COUNTY AROUND THE REGION | WESTERN COLLIN COUNTY

FANNIN COUNTY

Sanden International

RAINS COUNTY

Timber Blind and Shutter Torchmark Corporation Watson & Chalin Manufacturing Xtera

D A L L A S ECONOMIC DEVELOPMENT G U I D E

197


APPENDIX | REGIONAL MAP

Denison

Whitesboro

Sherman

Gainesville

Bowie

LAY

COOKE

MONTAGUE

ACK

WISE

GRAYSON

DENTON

Pilot Point Sanger

Alvord

FANN

COLLIN Anna Weston

Celina

Blue Ridge

Aubrey Chico

Melissa

Krugerville Krum Denton

Decatur Lake Bridgeport

Bridgeport

Paradise

Corinth DISH

New Fairview

Double Oak

Aurora

Rhome

Reno Sanctuary

FORT WORTH ALLIANCE AIRPORT

Haslet

Lakeside

Grapevine Lake Southlake

Saginaw

Lake Worth NAS FORT WORTH JOINT RESERVE River BASE

FORT WORTH

Aledo Annetta

Benbrook

Annetta South

Addison

Grand Prairie

Arlington

Mountain Creek Lake

Rendon CDP

ARLINGTON MUNICIPAL AIRPORT

Hutchins

LancasterLANCASTERWilmer

DeSoto

REGIONAL AIRPORT

Glenn Heights

DALLAS

Combine

Oak G Scurry

Pecan Hill

Midlothian

Rosser

Joshua

Cottonwood Grays Prairie

Palmer

Venus Keene

Kauf

ELLIS

Red Oak Oak Leaf

Post Oa Bend Ci

Crandall

Ferris

Ovilla

Burleson

De Cordova Bend

Waxahachie

Alvarado

Tolar Pecan Plantation CDP

Forney

Seagoville

Mansfield

Cross Timber Godley

MESQUITE METRO AIRPORT

Talty

Duncanville

Joe Pool Lake

Briaroaks

Granbury

Mesquite Balch Springs

DALLAS EXECUTIVE AIRPORT

Cresson

Oak Trail Shores CDP

McLendonChisholm

Heath

DALLAS

Cockrell Hill

Cedar Hill

Lipan

White Rock Lake Sunnyvale

Pantego

FORT WORTH SPINKS AIRPORT

Fate

Lake ROCKWALL MUNICIPAL Ray AIRPORT Hubbard Rockwall

Rowlett

Highland Park

Everman

PARKER TARRANT HOOD JOHNSON

ROCKWALL

Garland

DALLAS University LOVE Park FIELD

Irving

Euless

Bedford

Kennedale

Crowley

Lavon

Sachse

DFW INTERNATIONAL AIRPORT

Colleyville

Dalworthington Gardens Forest Hill

Edgecliff Village

Nevada

Wylie

Farmers Branch

Oaks

Annetta North

St. Paul

Richardson

ADDISON AIRPORT

Carrollton

Coppell

Grapevine

White SettlementWestover Hills

Willow Park Hudson ‘Oaks

Josephine

Parker

Plano

Haltom Hurst City Richland Hills

FORT WORTH MEACHAM INTERNATIONAL AIRPORT

Lucas

Murphy

Keller

Watauga North Richland Hills

Farmersville

Royse City

Westlake

Blue Mound

Cool

Hebron

Flower Mound

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

Springtown

Allen The Colony

Lewisville

Princeton

Lowry Crossing

Fairview

Roanoke Trophy Club

Newark

Briar CDP

Frisco

Shady Shores

Hickory Creek Lewisville Copper Lake Canyon Highland Village Bartonville

Northlake

McKINNEY NATIONAL AIRPORT

Little Elm

Argyle Justin

Boyd

Weatherford

New Hope McKinney

Oak Point

Ponder

Runaway Bay

Millsap

Prosper

Cross Roads

DENTON MUNICIPAL AIRPORT

Garrett Cleburne Ennis Maypearl Alma Bardwell

Grandview

Rice

Glen Rose

SOMERVELL

Rio Vista

Italy Emhouse

Milford

BOSQUE

Blooming Grove

HILL

Frost

Barry

NAVARRO Corsicana Retreat Oak Valley

Hillsboro

198

D A L L A S ECONOMIC DEVELOPMENT G U I D E

Pow

Mi Mustang Angus

2015

Navarro


STRATEGIC LOCATION!

Bonham

DISTRIBUTION CENTER SITE ON

LAMAR

NIN

DELTA

Wolfe City

APPENDIX | REGIONAL MAP

TWO MILLION FEET? LET’S MEET.

HUNT Celeste

Commerce

■ ZERO IMPACT FEES 2015

Neylandville

Campbell Greenville

Caddo Mills

■ ■ ■ HOPKINS ■

TRIPLE FREEPORT FIVE INTERSECTING HIGHWAYS @ US I-30 FOREIGN TRADE ZONE & ATTAINMENT COUNTY 700,000+ SKILLED WORKERS

Lone Oak

Oklahoma City

San Antonio Union Valley Quinlan Hawk Cove

West Tawakoni

RAINS

Little Rock

GREENVILLE Dallas Fort-Worth Austin

y

St. Louis

Wichita

Memphis Jackson

Shreveport Houston New Orleans

greenvilletxedc.com

KAUFMAN Terrell

VAN ZANDT

Oak Ridge

ak ity

fman

Grove

e

Kemp

Mabank

HENDERSON

Athens

Kerens

well

Goodlow

ildred Eureka

FREESTONE 2015

D A L L A S ECONOMIC DEVELOPMENT G U I D E

199




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BUSINESS IS

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