FORT WORTH | ARLINGTON | PLANO | IRVING | GARLAND | GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON
RICHARDSON | LEWISVILLE | ALLEN | FLOWER MOUND | MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE
GRAPEVINE | BEDFORD | CEDAR HILL | BURLESON | LITTLE ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | HURST
DUNCANVILLE | LANCASTER | WAXAHACHIE | FARMERS BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER
GREENVILLE | COLLEYVILLE | SACHSE | FORNEY | BALCH SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK
CORINTH | CELINA | MURPHY | ENNIS | WHITE SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | ADDISON
HIGHLAND VILLAGE | ANNA | PRINCETON | RED OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | SANGER
GRANBURY | FAIRVIEW | ROANOKE | HIGHLAND PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN | KEENE | HUTCHINS
SUNNYVALE | EVERMAN | PARKER | NORTHLAKE | JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT
FARMERSVILLE | CRANDALL | ATHENS | GAINSVILLE | GUNTER | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | COMMERCE
GLENN HEIGHTS | DENISON | FOREST HILL | HEATH | LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT
SANSOM PARK | AUBREY | KRUM | WILLOW PARK | LAKE WORTH | HICKORY CREEK | ARGYLE | COCKRELL HILL | VENUS | DOUBLE
| JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT | FARMERSVILLE | GUNTER
CRANDALL | ATHENS | GAINSVILLE | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | DENISON | GLENN HEIGHTS | FOREST HILL
HEATH | COMMERCE | LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT | SANSOM PARK | LAKE WORTH
HICKORY CREEK | AUBREY | KRUM | WILLOW PARK | ARGYLE | COCKRELL HILL | VENUS | DUBLIN | MCLENDON-CHISHOLM | MABANK
EDGECLIFF VILLAGE | DOUBLE OAK | FERRIS | RENO | SPRINGTOWN | DECORDOVA | ANNETTA | WESTWORTH VILLAGE | SHADY SHORES
TALTY | GLEN ROSE | CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | PALMER | HUDSON OAKS | LAKESIDE
COMBINE | PELICAN BAY | ITALY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | GRANDVIEW | KERENS | RHOME | WEST TAWAKONI
JOSEPHINE | GODLEY | CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | AURORA | RUNAWAY BAY | WOLFE CITY | OAK LEAF
FORT WORTH | ARLINGTON | PLANO | IRVING | GARLAND | GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON
RICHARDSON | LEWISVILLE | ALLEN | FLOWER MOUND | MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE
GRAPEVINE | BEDFORD | CEDAR HILL | BURLESON | LITTLE ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | HURST
DUNCANVILLE | LANCASTER | WAXAHACHIE | FARMERS BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER
GREENVILLE | COLLEYVILLE | SACHSE | FORNEY | BALCH SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK
CORINTH | CELINA | MURPHY | ENNIS | WHITE SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | ADDISON
HIGHLAND VILLAGE | ANNA | PRINCETON | RED OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | SANGER
GRANBURY | FAIRVIEW | ROANOKE | HIGHLAND PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN
ANNETTA | WESTWORTH VILLAGE | TALTY | GLEN ROSE | CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | ITALY
PALMER | HUDSON OAKS | LAKESIDE | COMBINE | PELICAN BAY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | WEST TAWAKONI
GRANDVIEW | KERENS | RHOME | JOSEPHINE | GODLEY | CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | RUNAWAY BAY
AURORA | WOLFE CITY | BOYD | OAK LEAF | ALVORD | KEMP | NEWARK | ST. PAUL | RICE | CHICO | FORT WORTH | ARLINGTON | PLANO
IRVING | GARLAND | GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON | RICHARDSON | LEWISVILLE | ALLEN
FLOWER MOUND | MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE | GRAPEVINE | BEDFORD | CEDAR HILL
BURLESON | LITTLE ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | DUNCANVILLE | LANCASTER | WAXAHACHIE
HURST | FARMERS BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER | GREENVILLE | SACHSE | FORNEY
COLLEYVILLE | BALCH SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK | CORINTH | CELINA | MURPHY
ENNIS | WHITE SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | HIGHLAND VILLAGE | ADDISON | ANNA
PRINCETON | RED OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY
OAK DUBLIN | MCLENDON-CHISHOLM | MABANK | EDGECLIFF VILLAGE | FERRIS | RENO | SPRINGTOWN | DECORDOVA | SHADY SHORES ANNETTA | WESTWORTH VILLAGE | TALTY | GLEN ROSE | CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | ITALY PALMER | HUDSON OAKS | LAKESIDE | COMBINE | PELICAN BAY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | WEST TAWAKONI GRANDVIEW | KERENS | RHOME | JOSEPHINE | GODLEY | CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | RUNAWAY BAY AURORA | WOLFE CITY | BOYD | OAK LEAF | ALVORD | KEMP | NEWARK | ST. PAUL | RICE | CHICO | FORT WORTH | ARLINGTON | PLANO IRVING | GARLAND | GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON | RICHARDSON | LEWISVILLE | ALLEN FLOWER MOUND | MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE | GRAPEVINE | BEDFORD | CEDAR HILL BURLESON | LITTLE ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | DUNCANVILLE | LANCASTER | WAXAHACHIE HURST | FARMERS BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER | GREENVILLE | SACHSE | FORNEY COLLEYVILLE | BALCH SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK | CORINTH | CELINA | MURPHY ENNIS | WHITE SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | HIGHLAND VILLAGE | ADDISON | ANNA PRINCETON
OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | GRANBURY | FAIRVIEW | ROANOKE SANGER | HIGHLAND PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN | KEENE | HUTCHINS | SUNNYVALE | EVERMAN PARKER | NORTHLAKE
| RED
| KEENE | HUTCHINS SUNNYVALE | EVERMAN | PARKER | NORTHLAKE | JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT FARMERSVILLE | CRANDALL | ATHENS | GAINSVILLE | GUNTER | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | COMMERCE GLENN HEIGHTS | DENISON | FOREST HILL | HEATH | LUCAS
BRIDGEPORT
DUBLIN
| RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE |
SANSOM PARK | AUBREY | KRUM | WILLOW PARK | LAKE WORTH | HICKORY CREEK | ARGYLE | COCKRELL HILL | VENUS | DOUBLE OAK
| MCLENDON-CHISHOLM | MABANK | EDGECLIFF VILLAGE | FERRIS | RENO | SPRINGTOWN | DECORDOVA | SHADY SHORES
CLUB | GRANBURY | FAIRVIEW | ROANOKE SANGER | HIGHLAND PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN | KEENE | HUTCHINS | SUNNYVALE | EVERMAN PARKER | NORTHLAKE | JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT | FARMERSVILLE | GUNTER CRANDALL | ATHENS | GAINSVILLE | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | DENISON | GLENN HEIGHTS | FOREST HILL HEATH | COMMERCE | LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT | SANSOM PARK | LAKE WORTH HICKORY CREEK | AUBREY | KRUM | WILLOW PARK | ARGYLE | COCKRELL HILL | VENUS | DUBLIN | MCLENDON-CHISHOLM | MABANK EDGECLIFF VILLAGE | DOUBLE OAK | FERRIS | RENO | SPRINGTOWN | DECORDOVA | ANNETTA | WESTWORTH VILLAGE | SHADY SHORES TALTY | GLEN ROSE | CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | PALMER | HUDSON OAKS | LAKESIDE COMBINE | PELICAN BAY | ITALY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | GRANDVIEW | KERENS | RHOME | WEST TAWAKONI JOSEPHINE | GODLEY | CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | AURORA | RUNAWAY BAY | WOLFE CITY | OAK LEAF LIFETIME OF OPPORTUNITY REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 DALLASCHAMBER.ORG
No State Personal Income Tax Population Growth: 2000-2022: 379% Bachelor ’s Degree 33 6% (246,796) Graduate Degree + 19.9% (146,230) No State Corporate Income Tax Population: 206,654 UNIQUEMCKINNEY.COM (972) 547-7651 Meet McKinney. LEARN MORE 5th Fastest Growing City in the US Top 100 Places to Live - livability.com Lorem psum
THE PRIME LOCATION FOR RELOCATION
Low Cost of Living Business-Friendly Climate Diverse & Highly Skilled Employee Base
Ranch is a mixed-use community of corporate campuses, walkable retail, and luxury residences that sits on 1,700 acres of picturesque rolling Texas hills - conveniently located in the nation’s fastest growing market. Learn more at AustinRanchOffices.com
Austin
CHOOSE DALLAS/FT WORTH?
WHY
Keri Samford, Executive Director of Development 972.624.3127 • edc@thecolonytx.org • www.TheColonyEDC.org
Land, utilites - including water, natural gas, electricity and high speed telecommunication - are a ordable and available. And now with the new South Grove industrial park under construction, options are even better.
RD. TRACT
101.00
TRACT 2 138.65
TRACT 3 106.59
TRACT 4 137.745
MARSHALL RD. PATRICK
1
ACRES
ACRES
ACRES
ACRES
Access to a growing labor pool of over 600,000 within a 30-minute commute of the city.
Waxahachie o ers so many ways to get people and pallets there and back: Air transportation options include DFW International, Love Field and Mid-Way Regional Airports. Highway access is easily accessible at The Crossroads. And Tier 1 BNSF and UP rail access connects Waxahachie to the Inland Port of Dallas and the Port of Houston.
SOLON
35E
BUTCHER RD. AUSTIN RD. LOFLAND INTERCHANGE MARSHALL RD. SOLON RD.
RD.
Where Businesses Find New Energy.
From the piney woods of East Texas to the plains of West Texas and everywhere in between, Oncor’s infrastructure attracts companies near and far and has for more than 100 years. As the largest electric delivery company in Texas and a 21st century energy innovator, we fuel economic growth across the state.
OUR INNOVATION IS DRIVING OPPORTUNITY
$15B+ Capital investment planned through 2026
$10B+ Invested in infrastructure since 2017
13M+ Texans served across 400+ communities in 100+ counties
SWEETWATER
WACO
Connecting business to Texas opportunity - That’s our bottom line. Learn more at thinkbigthinktexas.com
HOUSTON WACO FORT WORTH MIDLAND
BROWNWOOD ODESSA WICHITA FALLS SHERMAN TYLER LUFKIN
TEMPLE/KILLEEN ROUND ROCK DALLAS
FOR
2.86 Million Workers WITHIN A 45-MINUTE DRIVE
They say dynamite comes in small packages. Of the 254 Texas counties, Rockwall is the smallest in area, but with industry on the rise and a location just over 20 miles outside of Dallas, Rockwall is quickly emerging as a top choice for light-industrial manufacturing, office and technology employers. In Rockwall, you'll find the comforts of a small town with a friendly business environment rivaling that of any other community in the DFW Metroplex.
County
Texas. BIGGEST BANG FOR YOUR BUCK.
Smallest
in
bEST PLACES TO LIVE IN AMERICA 4# A RATED rockwall school district
Money Magazine 2020 TEA Accountabi ity Ratings
$2.5B PLANNED
ROADWAY PROJECTS
$1.7996 Consolidated Property tax rate
Rockwall was recently ranked #4 in Money Magazine's Best Places to Live in America. Rockwall is one of the safest communities in the area with a violent crime rate 76% lower than the national average.
Rockwall Independent School District ranks in the top 10% of school districts in Texas. Also, the new Dr. Gene Burton College and Career Academy offers dual credit and advanced courses in areas such as manufacturing, welding, robotics, and computer science & cyber security.
In Rockwall County, housing costs are 15% lower than Collin, Dallas or Tarrant Counties, according to MetroTex MLS.
Rockwall offers a property tax rate up to 30% lower than surrounding cities in DFW with manufacturing opportunities.
The Rockwall Technology Park now offers 550 acres of premium, light-industrial and office real estate, with sites ranging from 5 to 67 acres. Discounted land and custom incentive packages are available for qualified companies.
FIND US ONLINE!
info@rockwalledc.com www.rockwalledc.com
972.772.0025
FASTEST GROWING
IN U.S. New 215-acre business park expansion Census Bureau 20-21
COUNTY
Home to the 5th largest Tech Workforce in the U.S. & the largest in Texas! DA LL AS ECONOMIC DEVELOPMENT CONNECT WITH US! Office (214) 670-1685 EcoDevInfo@Dallascityhall.com www.DallasEcoDev.com The Urban c ore of one of the world’s most dynamic and diverse economies.
With Munck Wilson. Without. We are the difference | munckwilson.com Dallas | Austin | Houston | Waco | Los Angeles | Miami
Grand Prairie is minutes from both DFW International and Dallas Love Airports – and is already home to headquarters like Lockheed Martin’s Missiles & Fire Control division and Airbus Helicopter’s North American base. And Grand Prairie is doing all it can for companies approaching DFW. Frontage roads along IH-30 and IH-20. New lanes and prime property on SH 161/President George Bush Turnpike. Plans for corporate office, multi-family, entertainment and retail projects that are already taking off.
#3 BEST CITY FOR JOBS IN TEXAS (WALLETHUB.COM) #4 SAFEST CITY IN TEXAS (WALLETHUB.COM) #4 FASTEST GROWING REAL ESTATE MARKET IN TEXAS (ACEABLEAGENT.COM) #5 BEST PLACE TO MOVE IN USA
GRAND PRAIRIE, A CLEAR LANDING FOR YOUR BUSINESS HEADQUARTERS
#BoldestAndGRANDest 972-237-8081 • www.gptx.org
Airbus Helicopters, Inc. in Grand Prairie
IH-30 and SH 161 in Grand Prairie
(NEW YORK TIMES)
DFW Airport is minutes from Grand Prairie
Doing business is much easier when you have the right partners to grow with you. With over 200 years of combined experience, the BNSF Economic Development team helps more than 100 customers grow their business each year. We can turn location advantages into opportunities in growing markets, saving you time and money. Let
Shelby, MT Poplar, MT Somerville, TX Shafter, CA Newton, KS New Century, KS Joplin, MO Hayti, MO Temple, TX FONTANA SWEETWATER NORTH DALLAS LOGISTICS PARK CHICAGO Holly Springs, MS HUDSON OKLAHOMA CITY Avard, OK Dodge City, KS NORTH HOUSTON AT CLEVELAND Great Falls, MT Libby, MT Pasco, WA Northgate, SK Enid, OK Middletown, IA Yorkville, IL Wilmington, IL Greenville, IL Galesburg, IL Gallup, NM Los Lunas, NM Surprise, AZ Clovis, NM Ardmore, OK Gainesville, TX Minot, ND Sioux Falls, SD Upton, WY Seward, NE Becker, MN ALLIANCE INTERMODAL FACILITY (Logistics Park) LOGISTICS PARK KANSAS CITY
Growth? Choose BNSF for rail-served business solutions in Texas and across our network.
BNSF?
Are you on the Right Track for
WHY
us be your
of
bnsf.com/rail-development
BNSF Logistics Parks (Warehouse and distribution space located near BNSF intermodal/container facility) BNSF Logistics Centers (BNSF owned industrial park with direct carload rail service) BNSF Certi ed Sites (Private parks ready for development)
train
thought. Visit
to learn more.
SAPPHIRE BAY
SAPPHIRE BAY
SAPPHIRE BAY
SAPPHIRE BAY
Located on Lake Ray Hubbard’s shore, Sapphire Bay is a $1 billion mixed development project that will become a unique waterfront destination where business, leisure, and entertainment harmonize to create a magical experience.
Located on Lake Ray Hubbard’s shore, Sapphire Bay is a $1 billion mixed development project that will become a unique waterfront destination where business, leisure, and entertainment harmonize to create a magical experience.
Located on Lake Ray Hubbard’s shore, Sapphire Bay is a $1 billion mixed development project that will become a unique waterfront destination where business, leisure, and entertainment harmonize to create a magical experience.
Located on Lake Ray Hubbard’s shore, Sapphire Bay is a $1 billion mixed development project that will become a unique waterfront destination where business, leisure, and entertainment harmonize to create a magical experience.
NORTH SHORE
NORTH SHORE
NORTH SHORE
NORTH SHORE
As DFW’s newest business and employment center, North Shore is a premier destination designed for tomorrow’s ideas and innovative technology solutions.
As DFW’s newest business and employment center, North Shore is a premier destination designed for tomorrow’s ideas and innovative technology solutions.
As DFW’s newest business and employment center, North Shore is a premier destination designed for tomorrow’s ideas and innovative technology solutions.
As DFW’s newest business and employment center, North Shore is a premier destination designed for tomorrow’s ideas and innovative technology solutions.
ROWLETT ECONOMIC DEVELOPMENT 5702 ROWLETT RD, ROWLETT, TX 75089 (972)412-6193 LTUCKER@ROWLETT.COM ROWLETTONTHEMOVE.COM
ROWLETT ECONOMIC DEVELOPMENT 5702 ROWLETT RD, ROWLETT, TX 75089 (972)412-6193 LTUCKER@ROWLETT.COM ROWLETTONTHEMOVE.COM
ROWLETT ECONOMIC DEVELOPMENT 5702 ROWLETT RD, ROWLETT, TX 75089 (972)412-6193 LTUCKER@ROWLETT.COM ROWLETTONTHEMOVE.COM RowlettFullPageAd_Print 2.21.2023.indd 1 2/21/23 9:19 PM
ROWLETT ECONOMIC DEVELOPMENT 5702 ROWLETT RD, ROWLETT, TX 75089 (972)412-6193 LTUCKER@ROWLETT.COM ROWLETTONTHEMOVE.COM
Situated on beautiful Lake Ray Hubbard is the vibrant community of Rowlett, Texas. Rowlett retains a small town vibe despite being the fifth fastest growing city in the North Central Texas region.
LEWISVILLE | ALLEN | FLOWER MOUND | MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE | CEDAR HILL | BURLESON | LITTLE ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | HURST
LANCASTER | WAXAHACHIE | FARMERS BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER
COLLEYVILLE | SACHSE | FORNEY | BALCH SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK
MURPHY | ENNIS | WHITE SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | ADDISON
ANNA | PRINCETON | RED OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | SANGER | ROANOKE | HIGHLAND PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN | KEENE | HUTCHINS
EVERMAN | PARKER | NORTHLAKE | JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT
CRANDALL | ATHENS | GAINSVILLE | GUNTER | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | COMMERCE
DENISON | FOREST HILL | HEATH | LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT
AUBREY | KRUM | WILLOW PARK | LAKE WORTH | HICKORY CREEK | ARGYLE | COCKRELL HILL | VENUS | DOUBLE OAK
MCLENDON-CHISHOLM | MABANK | EDGECLIFF VILLAGE | FERRIS | RENO | SPRINGTOWN | DECORDOVA | SHADY SHORES
WESTWORTH VILLAGE | TALTY | GLEN ROSE | CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | ITALY
OAKS | LAKESIDE | COMBINE | PELICAN BAY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | WEST TAWAKONI | RHOME | JOSEPHINE | GODLEY | CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | RUNAWAY BAY | BOYD | OAK LEAF | ALVORD | KEMP | NEWARK | ST. PAUL | RICE | CHICO | FORT WORTH | ARLINGTON | PLANO
GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON | RICHARDSON | LEWISVILLE | ALLEN
MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE | GRAPEVINE | BEDFORD | CEDAR HILL
ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | DUNCANVILLE | LANCASTER | WAXAHACHIE
BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER | GREENVILLE | SACHSE | FORNEY
SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK | CORINTH | CELINA | MURPHY
SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | HIGHLAND VILLAGE | ADDISON | ANNA
OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | GRANBURY | FAIRVIEW | ROANOKE
PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN | KEENE | HUTCHINS | SUNNYVALE | EVERMAN
JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT | FARMERSVILLE | GUNTER
GAINSVILLE | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | DENISON | GLENN HEIGHTS | FOREST HILL
LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT | SANSOM PARK | LAKE WORTH
AUBREY | KRUM | WILLOW PARK | ARGYLE | COCKRELL HILL | VENUS | DUBLIN | MCLENDON-CHISHOLM | MABANK
DOUBLE OAK | FERRIS | RENO | SPRINGTOWN | DECORDOVA | ANNETTA | WESTWORTH VILLAGE | SHADY SHORES
CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | PALMER | HUDSON OAKS | LAKESIDE
BAY | ITALY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | GRANDVIEW | KERENS | RHOME | WEST TAWAKONI
CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | AURORA | RUNAWAY BAY | WOLFE CITY | OAK LEAF
ARLINGTON | PLANO | IRVING | GARLAND | GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON
LEWISVILLE | ALLEN | FLOWER MOUND | MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE
| CEDAR HILL | BURLESON | LITTLE ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | HURST
LANCASTER | WAXAHACHIE | FARMERS BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER
COLLEYVILLE | SACHSE | FORNEY | BALCH SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK
Group Publisher Kyle Moss kyle@dallasnext.com
MURPHY | ENNIS | WHITE SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | ADDISON
ANNA | PRINCETON | RED OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | SANGER | ROANOKE | HIGHLAND PARK | HASLET | RIVER OAKS | DECATUR | KENNEDALE | KAUFMAN | KEENE | HUTCHINS
EVERMAN | PARKER | NORTHLAKE | JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT
CRANDALL | ATHENS | GAINSVILLE | GUNTER | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | COMMERCE
DENISON | FOREST HILL | HEATH | LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT
AUBREY | KRUM | WILLOW PARK | LAKE WORTH | HICKORY CREEK | ARGYLE | COCKRELL HILL | VENUS | DOUBLE OAK
Business Development Steve Reeves steve@dallasnext.com Director of Media Operations Kevin Fitch fitch@dallasnext.com
MCLENDON-CHISHOLM | MABANK | EDGECLIFF VILLAGE | FERRIS | RENO | SPRINGTOWN | DECORDOVA | SHADY SHORES
WESTWORTH VILLAGE | TALTY | GLEN ROSE | CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | ITALY
OAKS | LAKESIDE | COMBINE | PELICAN BAY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | WEST TAWAKONI | RHOME | JOSEPHINE | GODLEY | CADDO MILLS | NEW FAIRVIEW | COPPER CANYON | QUINLAN | RUNAWAY BAY | BOYD | OAK LEAF | ALVORD | KEMP | NEWARK | ST. PAUL | RICE | CHICO | FORT WORTH | ARLINGTON | PLANO
GRAND PRAIRIE | MCKINNEY | FRISCO | MESQUITE | DENTON | CARROLLTON | RICHARDSON | LEWISVILLE | ALLEN
MANSFIELD | ROWLETT | NORTH RICHLAND HILLS | EULESS | DESOTO | WYLIE | GRAPEVINE | BEDFORD | CEDAR HILL
ELM | KELLER | THE COLONY | ROCKWALL | HALTOM CITY | COPPELL | DUNCANVILLE | LANCASTER | WAXAHACHIE
BRANCH | MIDLOTHIAN | CLEBURNE | SOUTHLAKE | WEATHERFORD | PROSPER | GREENVILLE | SACHSE | FORNEY
SPRINGS | CORSICANA | WATAUGA | SAGINAW | BENBROOK | UNIVERSITY PARK | CORINTH | CELINA | MURPHY
SETTLEMENT | SEAGOVILLE | TERRELL | MINERAL WELLS | CROWLEY | FATE | HIGHLAND VILLAGE | ADDISON | ANNA
OAK | ROYSE CITY | PANTEGO | WESTLAKE | AZLE | MELISSA | TROPHY CLUB | GRANBURY | FAIRVIEW | ROANOKE
PARK | HASLET | RIVER OAKS | DECATUR
| KENNEDALE | KAUFMAN | KEENE | HUTCHINS | SUNNYVALE | EVERMAN JUSTIN | ALVARADO | ALEDO | WILMER | PILOT POINT | LAVON | OVILLA | OAK POINT | FARMERSVILLE | GUNTER GAINSVILLE | SHERMAN | VAN ALSTYNE | WHITESBORO | BRIDGEPORT | DENISON | GLENN HEIGHTS | FOREST HILL LUCAS | RICHLAND HILLS | LAKE DALLAS | JOSHUA | PROVIDENCE | BRIDGEPORT | SANSOM PARK | LAKE WORTH AUBREY | KRUM | WILLOW PARK | ARGYLE | COCKRELL HILL | VENUS | DUBLIN | MCLENDON-CHISHOLM | MABANK DOUBLE OAK | FERRIS | RENO | SPRINGTOWN | DECORDOVA | ANNETTA | WESTWORTH VILLAGE | SHADY SHORES CROSS ROADS | PONDER | BLUE MOUND | DALWORTHINGTON GARDENS | PALMER | HUDSON OAKS | LAKESIDE BAY | ITALY | KRUGERVILLE | BARTONVILLE | LOWRY CROSSING | GRANDVIEW | KERENS | RHOME | WEST TAWAKONI REGIONAL ECONOMIC DEVELOPMENT GUIDE Advertising, Bulk Copies, or Other Inquiries publisher@dallasnext.com Mailing Address P.O. Box 822168, Dallas, TX 75382 The DALLAS® Regional Economic Development Guide is published for the Dallas Regional Chamber by Dallas Next LLC. Copyright ©2023 with all rights reserved. No part of this publication may be reproduced or reprinted without written permission. Neither the Dallas Regional Chamber nor Dallas Next is a sponsor of, or committed to, the views expressed in these articles. The publisher is not responsible for unsolicited contributions. Exclusively Published for the Dallas Regional Chamber by Dallas Next A DALLAS REGIONAL CHAMBER PUBLICATION 18 REGIONAL ECONOMIC DEVELOPMENT GUIDE DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE Editor Quincy
Editorial Director David
Sandra
Glenn
Preston quincy@dallasnext.com
Seeley Creative Director Michael Samples Project Editors
Engelland Contributing Editor
Hunter Copy Editor John Branch DALLAS NEXT DALLAS® PUBLICATIONS + DALLAS INNOVATES
2023
OF OPPORTUNITY
Cover design: Michael Samples
LIFETIME
• Intersection of four major freeways: IH-635, IH-20, IH-30, and US Hwy. 80. • Strategic locations at major freeway bridges opening up for development. Future SH190 10 Miles 20 Miles 635 30 20 20 45 35E 30 35E 635 67 75 183 114 175 80 12 OOP DFW International Airport Dallas Love Field Airport Mesquite Metro Airport Garland Forney Mansfield Dallas Irving Future SH190 10 Miles 20 Miles 635 30 20 20 45 35E 30 35E 635 67 75 183 114 175 80 190 12 OOP DFW International Airport Dallas Love Field Airport Mesquite Metro Airport Lewisville Garland Forney Mansfield Dallas Irving Plano Future SH190 10 Miles 20 Miles 635 30 20 20 45 35E 30 35E 635 67 75 183 114 175 80 12 OOP DFW International Airport Dallas Love Field Airport Mesquite Metro Airport Garland Forney Mansfield Dallas Irving Future SH190 10 Miles 20 Miles 635 30 20 20 45 35E 30 67 75 183 114 175 80 12 LOOP Dallas Love Field Airport Mesquite Metro Airport Forney Mansfield Dallas Irving WE HAVE A FIRE IN OUR BELLY FOR INDUSTRIAL. Join some of the largest companies in the USA that make it here and ship it anywhere. From 2020 to 2030, Mesquite is slated to put 16 million square feet of new industrial on the ground, adding $1 billion to tax base and opening up opportunity for new advanced manufacturing and logistics companies to make a move to Mesquite. City of Mesquite Economic Development Department 972-216-6446 MesquiteEcoDev.com Fritz Industries Alcott Logistics Station
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 20 22 Dallas Regional Chamber Welcome 22 Accolades 24 Strategic Priorities 26 Top Investors 28 Economic Development Services 30 DFW Marketing Team 32 Economic Development Allies ...... 34 39 Connectivity Location 40 Access 42 Dallas Fort Worth International Airport and Dallas Love Field ....... 44 Nonstop Flight Times .............. 46 Transportation Infrastructure ....... 48 Public Transit ..................... 50 Regional Veloweb 52 Mobility 2045 54 High-Tech Mobility 56 Digital Infrastructure 58 61 Talent Regional Population ............... 62 Demographics.................... 64 Migration 66 Labor Supply 70 Commuting Patterns 72 Drive Times 74 Worker Place of Residence 76 Skills Development 86 Higher Education Accolades ....... 88 Training, Colleges, and Universities ..90 97 Industry Industry Diversity 98 Advanced Services 100 Manufacturing 102 Financial Activities 104 High-Tech 106 Health Care 108 Life Science ..................... 110 Aviation and Aerospace ............112 Hospitality ...................... 114 Logistics 116 119 Business & Economy Major Companies and Headquarters ................ 120 Top Employers................... 122 Fortune 1000.................... 124 Major Headquarters Relocations 126 Recent Expansions and Relocations 128 Small Business .................. 130 International Companies .......... 132 Global Trade .................... 134 137 Innovation The Innovation Ecosystem 138 Innovation Districts 140 Centers of Excellence 144 149 Costs & Incentives Cost of Doing Business 150 Wages and Salaries 152 Utilities - Electricity 154 Utilities - Water, Sewer, Gas, and Telecommunications ......... 156 Taxes and Union Activity .......... 158 Real Estate - Office ............... 160 Real Estate - Industrial 162 Real Estate - Retail 164 Corporate Business Climate 166 Local, State, and Federal Incentives 168 173 Living & Lifestyle Cost of Living ................... 174 Market Tapestry ................. 176 Housing Costs and Choices ....... 178 Live-Work-Play 182 Apartment Rent Rates 186 New Subdivisions 188 Schools - Public Education 190 Schools - Private Education 192 Arts, Culture, and Entertainment ... 194 Parks and Recreation ............. 196 199 Project Pipeline Significant Projects 200 Future Projects 204 Regional Map 208
GUIDE Contents
REGIONAL ECONOMIC DEVELOPMENT
Welcome
The Dallas Regional Chamber (DRC) is proud to serve as the voice of business and the champion for economic growth in our region, and we’re thrilled to have been named the National Chamber of the Year—the best chamber in the United States—last July. But we don’t do the important work we do to win awards. We do it to help make the Dallas Region the best place in the U.S. for all people to live, work, and do business.
This guide tells the story of the Dallas Region’s remarkable economic strength and showcases what a great time this is for you and your business to call our region home.
Since 2010, more than 220 companies have moved their headquarters here and 1.3 million new jobs have been created. The Dallas Region is now home to 24 Fortune 500 companies, and 10 of the last Fortune 500 headquarters moves are from eight different business sectors. Our region is No. 1 in the nation in three-year job gains, and our employment numbers have now far exceeded prepandemic levels. These are astonishing numbers, and no other market in the U.S. comes close to matching them.
While we’re growing, we’re emerging as a leader in areas other parts of the state or nation might not expect of us. We’re No. 1 in Texas and No. 4 in the country for the most computer, mathematical, and engineering tech jobs. DallasFort Worth now ranks seventh in the U.S. for life science and biotech jobs—and the DRC is actively expanding our focus on this industry through a new economic development campaign.
We are able to attract the best and brightest workers from around the world while retaining the talent already studying and working here. DallasFort Worth is No. 1 in Texas for higher education enrollment (more than 343,000 students) and degree completion (more than 55,000 degrees awarded), and 72 percent of students stay and work in our region after graduation, creating a robust pipeline of workers for our companies. The DRC works hard each day to fortify our education system—from pre-K-12 through post-secondary— to ensure our students are learning the skills and subjects necessary to be attractive hires.
A letter from the Dallas Regional Chamber
The Dallas Region has an enviable location in the middle of the southern U.S., serving as a major hub for rail, freight, air, and highway traffic. We’re in the middle of North America, halfway between Mexico City and Toronto. Our accessibility and business-friendly climate help make us one of the most productive regions in the nation, and our high quality of life at an affordable cost makes this a great place to start a career or raise a family.
As our region continues to boom, it is critical we keep our pro-growth business climate healthy, strong, and welcoming to all. The DRC works tirelessly in public policy to help preserve Texans’ economic success, drive investments in Texas’ workforce and infrastructure, support a healthy talent pool, and promote a high quality of life for all.
While opportunity abounds, the DRC knows our region will never reach its full potential until we bridge the opportunity gaps which exist in our region. Our work in Southern Dallas County recognizes that our region’s greatest opportunity for sustainable economic growth will come from the creation of good jobs in that community. This means creating an environment where workers, entrepreneurs, and businesses want to move, invest, and expand. By helping our member companies invest more in the collective assets of Southern Dallas County, we can begin to generate development that responds to the hopes, dreams, and priorities of current and future residents.
We still have so much to achieve, and our track record of strong and steady progress tells us we can turn each possibility into reality—together with you. There’s no better place in America to be than right here, right now, and by working together, we will make tomorrow even better than today.
2023 CHAIR OF THE BOARD
Rafael R. Lizardi
Senior Vice President and Chief Financial Officer, Finance and Operations Texas Instruments, Inc.
President & CEO
Dale Petroskey
Chief Operating Officer & Chief Financial Officer
Angela Farley
Economic Development, Senior Vice President
Mike Rosa
Research & Innovation, Senior Vice President
Duane Dankesreiter
Research & Innovation, Vice President
Eric Griffin
Regional Marketing & Talent Attraction, Senior Vice President
Jessica Heer Communications & Media Relations, Vice President
Dana Jennings
Education & Workforce, Senior Vice President
Jarrad Toussant
Public Policy & Advocacy, Senior Vice President
Matt Garcia
Inclusion & Community Engagement, Senior Vice President
Latosha Herron Bruff
Membership & Revenue Growth, Senior Vice President
Meghan Kelley Wehner
Member Engagement, Senior Vice President
Sharon Carson
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 22 DALLAS REGIONAL CHAMBER | WELCOME
Dale Petroskey President and Chief Executive Officer Dallas Regional Chamber
2023
Build your business with the best and discover our culture of unrivaled performance. READY TO THRIVE? Top 10 City To Move To For Diversity (U.S.) #1 City in Texas to do Business 2x the National Average of Tech Talent friscoedc.com WHAT IS A CULTURE OF UNRIVALED PERFORMANCE? • A GROWTH MINDSET THAT NURTURES INGENUITY • BARRIER DEFYING LEADERSHIP • TECHNOLOGY DRIVEN CREATIVITY • FIELDS TREAD BY CHAMPIONS • SPACES THAT GENERATE CULTURAL WAVES • ART THAT INSPIRES IDEAS
Accolades
Dallas–Fort Worth is one of the top regions in the nation for business thanks to a low cost of living, business-friendly environment, strong base of well-educated and skilled employees, and robust access to both U.S. and international markets through its transportation network.
Year after year, the region’s selling points are lauded by business experts at respected publications, including Bloomberg Businessweek, Forbes, Fortune, and Site Selection Magazine.
Key metrics tracked by the Federal Reserve Bank of Dallas, which covers an area that includes Texas, northern Louisiana, and southern New Mexico, show the region to be among the strongest in the country.
Additionally, the communities comprising the Dallas–Fort Worth region are consistently ranked among the top places to work, the best places to live, and the best places for investment.
1 # #
1
in the country for 3-year job growth (354,000 jobs) in the country for job recovery beyond pre-pandemic high (4,234,600 jobs)
5
Global 500 Companies
Fortune, 2022
Dallas-Fort Worth was first among large metros to recover pandemic job losses. DFW has added more jobs in the past 3 years than the next two metros combined.
“Dallas is just such a great place for travel, for the resources in the community, the talent you can draw on...[prior to relocating we] o ered every single person in our company a weekend trip, and we flew them [to Dallas] with their families…That was probably part of our success.”
Best State for Business
Chief Executive Magazine
23
World’s Most Admired Companies
Fortune, 2022
Fortune 500 Companies
Fortune, 2022 (Caterpillar will join the list in 2023)
18 Consecutive Years
8 2
Brian S. Tyler Chief Executive O icer
“Dallas continues to be the bellwether of a true diversified market for real estate growth and sustainability. With its centralized national location, proximity to inland and port trade routes, and the availability of land, North Texas remains the central focal point for employers and skilled workers to operate their businesses.”
Chris Bone Senior Managing Director, CBRE
FORTUNE 10 COMPANIES Tied with San Jose. NYC, L.A., and Chicago are home to none.
GLOBAL 50 COMPANIES Tied with Seattle. Only Beijing is home to more.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 24 DALLAS REGIONAL CHAMBER | ACCOLADES
BLS, Dec. 2022
3
"...the North Texas region today provides AECOM additional benefits as a corporate hub and talent magnet for the engineering and consulting industry...”
Company statement on relocation to Dallas
Airport Satisfaction
#8 #3
Mega Airport
#6 of 500 Most Innovative Cities in the World
2021 2thinknow
Best Performing Cities - Dallas
#10
2022 Milken Institute
The cost of doing business in Dallas is on par with the national average.
Large Airport
J.D. Power, 2022
#1
Quantity and Quality Entrepreneurship among U.S. metros University of Indiana, 2021
2
Top global Esports Organizations are located in DFW
Complexity Gaming OpTic Gaming
Top 100
List of the largest green power users within EPA’s Green Power Partnership
Participant Rank
6. AT&T (Dallas)
10. Kimberly-Clark (Irving)
30. City of Dallas (#2 city)
38. DFW International Airport (#1 airport)
Three R1: Doctoral Universities
The Dallas Region added 267 New Residents each day
36% Natural Increase
64% Net Migration U.S. Census, 2020-2021
Carnegie Classification of Institutions of Higher Education: Very High Research Activity
“We believe it’s in the best strategic interest of the company to make this move [to DFW], which supports Caterpillar’s strategy for profitable growth as we help our customers build a better, more sustainable world. ”
Jim Umpleby Chairman and CEO Caterpillar
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 25 DALLAS REGIONAL CHAMBER | ACCOLADES 101.9 Dallas 100.0 U.S. Avg. Moody’s
153.5
197.7
New York
San Francisco
Strategic Priorities
The DRC is deeply invested in strengthening the Dallas Region and its vibrant and diversified business community. Our strategic plan, called “Building Tomorrow Together,” is based on four core priorities:
• Continuing to drive economic growth that allows us to recruit companies and talent.
• Fostering collaboration between the business community, educational institutions, and workforce development organizations to meet industry needs.
• Advocating for pro-business, pro-growth public policies to ensure the continued prosperity of our region while maintaining a high quality of life for all.
• Addressing systemic racism head on and working every day in every way to build a more inclusive community. Together, with our hundreds of member companies and regional partners, our strategy is to serve as the preeminent voice of the business community and a bridge to the education and nonprofit community to drive growth, and an even better quality of life for all who call North Texas home and for those interested in coming here.
ATEGIC PRIORITIES
ATEGIC PRIORITIES
Economic Development
The DRC will lead its regional and state allies to recruit companies and talent. We will focus on companies that pay living wages, lift underserved areas of our region, bring future technologies and innovation, and make our region a better place for all to live, work, and do business.
Education & Workforce
Public Policy
2021-2023
2021-2023
ATEGIC PRIORITIES 2021-2023
C DEVELOPMENT EDUCATION & WORKFORCE
C DEVELOPMENT
The success of the Dallas Region and Texas are closely tied to the quality of the workforce and talent pipeline—from early childhood through K-12 and higher education to a career. The DRC fosters collaboration between the business community, educational institutions, and workforce development organizations to meet industry needs.
As the voice of the business community in the Dallas Region, the DRC connects member companies with key stakeholders and elected officials at all levels to advocate for pro-business, progrowth policies that ensure the continued prosperity of our region while maintaining a high quality of life for all.
Diversity, Equity & Inclusion
As the voice of the business community in the Dallas Region, we strive every day to help make our community the best place in the United States for all people to live, work, and do business. We see systemic racism in its many forms and commit to address it head on.
C DEVELOPMENT
DEVELOPMENT
C DEVELOPMENT EDUCATION & WORKFORCE
DEVELOPMENT
EDUCATION & WORKFORCE
PUBLIC POLICY DIVERSITY, & INCLUSION
We are committed to work every day in every way to build a more inclusive community.
PUBLIC POLICY DIVERSITY, & INCLUSION
PUBLIC POLICY DIVERSITY, & INCLUSION
Q UALITY OF LIF E FOR ALL PEOPL E
Q UALITY OF LIF E FOR ALL PEOPL E
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 26
C
C
Q UALITY OF LIF E FOR ALL PEOPL E
DALLAS REGIONAL CHAMBER | STRATEGIC
PRIORITIES
Investing In Our Future
The Tomorrow Fund provides the Dallas Regional Chamber with the necessary resources to drive economic development, improve education, and attract talent. It also supports our public policy advocacy efforts in Austin and Washington, D.C. on critical business priorities—including infrastructure, transportation, and water issues—to strategically manage our region’s growth.
The Tomorrow Fund offers an accelerated investment opportunity for DRC member companies. Whereas annual membership dues fund our daily activities to support member companies, Tomorrow Fund investments are specifically targeted to implement our strategic goals.
More than 185 DRC member companies invest in the Tomorrow Fund, allowing us to improve the long-term economic prosperity for our business community and enhanced quality of life for all who live and work in the Dallas Region.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 27
Now is the perfect time to be in Mansfield 301 S. Main St. Mansfield, TX 76063 Main: 817-728-3650 medc@mansfield-texas.com www. mansfield-texas.com
Top Investors
The Dallas Regional Chamber (DRC) recognizes the following companies and organizations for their membership investment at one of our top levels. Companies in bold print are represented on the DRC Board of Directors. For more information about the benefits of membership, call (214) 746-6600.
1820 Productions
7-Eleven, Inc.
Accenture LLP
Access Healthcare Services
USA LLC
Acme Brick Company
AECOM
Airbnb
American Jewish Committee
Akin, Gump, Strauss, Hauer & Feld LLP
Aligned Data Centers
AlixPartners LLP
Allegiance Title Company
Alston & Bird LLP
Altair Global Alto
Amazon
Amegy Bank of Texas
American Airlines Center
American Airlines, Inc.
American Heart Association, Dallas Division
American National Bank of Texas
AMN Healthcare
AmplifAI Solutions, Inc.
Andrews Distributing Company of North Texas
Aon
Apex Logistics International
Arcosa
Armstrong Relocation and Companies
Ashford
At Home
AT&T
Atmos Energy Corporation
Aurora
Austin Industries
AustinCSI
AvreaFoster
Axxess
Baker & McKenzie, LLP
Baker Botts L.L.P.
Balfour Beatty
Bally Sports Southwest
Bank of America
Bank of Texas
Barnes & Thornburg
Baylor Scott & White Health
Bell Bell Nunnally
BFS Advisory Group
BGSF
Big Rock Educational Services
Billingsley Company
BioLabs LLC
Blue Cross and Blue Shield of Texas
Boeing
BOKA Powell
Bombardier Aviation
Bottle Rocket
Brasfield & Gorrie
Bridgepointe Technologies
Brinker International, Inc.
Broadway Dallas
B-Trnsfrmd Consulting LLC
Buckner International
Builders FirstSource
Business Jet Center
BuzzBallz/Southern Champion
Bython Media Inc
Cadence Bank
Capital One Bank
Carrington, Coleman, Sloman & Blumenthal, L.L.P.
Carry The Load
Cawley Partners
CBRE Group, Inc.
Cenero
Centurion American Development Group
CENTURY 21 Judge Fite Company
CGL Companies
Champion Partners
Charles Schwab
Charter Communications
Chickasaw Nation
Children’s Health
Choctaw Nation of Oklahoma
CIGNA Healthcare
Citi
City Electric Supply
City of Lancaster
CitySquare
CKP Group
Clark Hill PLC
Coca-Cola Southwest Beverages
Colliers
Comerica Bank
Commemorative Air Force
Commerce Bank
Communities In Schools of the Dallas Region
Cook Children’s Health Care System
Copart
Corgan
Corner Bakery Cafe | CBC Restaurant Corp.
Corrigan Investments, Inc.
Cousins Properties
CP&Y, Inc.
Cresa Global, Inc.
Crescent Real Estate
Equities, LTD.
Cristo Rey Fort Worth
CrossFirst Bank
Crow Holdings
Crowe LLP
Crown Laboratories, Inc.
CSRS
Cumming Management Group Inc.
Cushman & Wakefield of Texas, Inc.
CyrusOne
Dallas Baptist University
Dallas College
Dallas Mavericks
Dallas Stars Hockey Club
Dal-Tile Corporation
Daseke Inc
De La Vega Development
DeGolyer and MacNaughton
Deloitte LLP
DENSO Products and Services
Americas, Inc.
DeSoto Economic Development Corporation
DFW International Airport
DHD Films
Diodes Inc.
DLR Group
Dorsey & Whitney LLP
Dow-Caide Custodial Supply Inc.
DPR Construction
DroneUp
E Smith Advisors
EarthX
Ebby Halliday Companies
Edelman
EisnerAmper
ENO8
Ernst & Young LLP
EssilorLuxottica
Estrada Hinojosa & Company, Inc.
Exeter Finance
Exxon Mobil Corporation
Faegre Drinker
FASTSIGNS - Northeast Dallas
FedEx Office
Fidelity Investments
Fifth Third Bank
Financial Additions
First Horizon Bank
Flowserve Corporation
Fluor Corporation
Forvis LLP
Freese and Nichols, Inc.
Fresh Consulting
Frito-Lay North America
Frost Bank
Frost Brown Todd LLC
Funneled Through
Furniture Marketing Group
Gaedeke Group
Galderma
Gallagher
GameStop Corp.
GEICO
George W Bush Foundation
Gibson Dunn & Crutcher LLP
Globe Life
Goldman Sachs & Co, LLC
Google
Granite Properties
Grant Thornton LLP
Green Brick Partners
Greenberg Traurig
Gulfstream Aerospace Corporation
Gupta & Associates Inc.
Hall Group
Harmony Public Schools—
DFW District
Harness IP
Harwood International
Haynes and Boone, LLP
H-E-B/Central Market
Hill & Wilkinson General Contractors
Hill+Knowlton Strategies
Hillwood Development Company, LLC
Hilti North America
Hilton Anatole
Hines Interests LP
HKS Inc.
HNTB Corporation
Holmes Murphy
HOLT CAT
Hoque Global Real Estate
HP Village Marketing Group, LLC
HPI Real Estate Services & Investments/Ross Tower
HUB International Insurance Services
The Men and Women of Hunt
Consolidated
Inclusion Cloud
Independent Financial
InfoVision Inc.
Integrity Marketing
Interceramic
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 28 DALLAS REGIONAL CHAMBER | TOP INVESTORS
International Leadership of Texas
Invesco Real Estate
Invitation Homes
Invited
Ito En North America
Jackson Spalding
Jackson Walker LLP
Jacobs
JBJ Management
JE Dunn Construction
JLL
Jones Day
JPMorgan Chase & Co.
JSX
Kanarys, Inc.
KDC Real Estate Development & Investments
KEIRUS BY KJE
Ketchum Public Relations
Kimberly-Clark Corporation
Kimley-Horn and Associates
Kirkland & Ellis
KPMG LLP
L.A. Fuess Partners Structural Engineers
Labora Group
Latino Center for Leadership
Development
Law Offices of Erika N Salter, P.C.
LH Capital
Linebarger Goggan Blair & Sampson, LLP
Littler Mendelson, P.C.
Live Nation
Locke Lord LLP
Lockheed Martin Missiles and Fire Control
Lockton Dunning Benefits
Lyco Holdings
Lynn Pinker Hurst & Schwegmann, LLP
M&J Lupton Investments, LLC
MAPP, LLC
Marsh & McLennan Agency
Marsh USA Inc.
Mary Kay Inc.
Matthews Southwest
McCarthy Building Companies, Inc.
McCownGordon Construction
McGlinchey Stafford
McGuire, Craddock & Strother, PC
McKesson
McKinsey & Company, Inc.
McKissack & McKissack
McLarty Diversified Holdings
Medical City Healthcare—
HCA North Texas
Methodist Health System
Metrocare Services
Microsoft Corporation
Momentus Capital
Mr. Cooper Group
Munck Wilson Mandala LLP
Munsch Hardt Kopf & Harr, P.C.
MV Transportation, Inc.
MW Logistics, LLC
NDBT NEC Corp
NexPoint
Nexstar Media Group
Norton Rose Fulbright
NTT DATA Inc.
Omni Dallas Hotel
Oncor
On-Target Supplies & Logistics Ltd
Open Channels Group, LLC
Openkey
Options Clearing Corporation
Origin Bank
OVG360
Pacific Builders
Palos Garza Logistics
Pape-Dawson
Parkland Foundation
Parkland Health and Hospital System
Parrish Restaurants, Ltd.
Paycom
Pegasus Bank
Penske Motor Group
Perkins and Will
Perkins Coie LLP
Perot Museum of Nature and Science
PGA of America
Pinnacle Group
PlainsCapital Bank
PMG
PMI Global Services, Inc.
PNC
Potandon Produce
Premier Truck Group
Prime 45 Development LLC
Prism Health North Texas
PROAN Trading LCC
Prosperity Bank
Protiviti
PSA Management, Inc.
PwC
Qatar Airways
Raising Cane’s
Raytheon Technologies
RECARO Aircraft Seating
Americas, LLC
Reef Technology Regions Bank
Reimagine RedBird
Reliant, an NRG company
Resultant
RSM US LLP
Russell Reynolds Associates Inc.
Ryan LLC
Salesforce
Sands Corporation
Santander Consumer USA
SCHMIDT & STACY Consulting Engineers, Inc.
Sendero
Sewell Automotive Companies
Shackelford, Bowen, McKinley & Norton LLP
Shearman & Sterling
Sherman Economic Development Corporation
Sidley Austin LLP
Simmons Bank
Slalom
Smart City Networks
Smith Seckman Reid, Inc.
Smoothie King
Southern Methodist University
Snell & Wilmer
Sngular
Southern Glazer’s Wine and Spirits
Southwest Airlines
Spacee Inc.
Spencer Fane LLP
Spirit Realty Capital
SRP Environmental
Starbucks Coffee Company
State Farm Insurance Companies
Steinhart Family Advised Fund
Steptoe & Johnson PLLC
Stinson Leonard Street
Structure Tone Southwest, Inc.
Suffolk Construction
Susser Bank
Swinerton Builders
T.D. Jakes Foundation
Talent Suite
Tangram Interiors
Target
Tata American International Corp.
TDIndustries
Tech Mahindra (Americas) Inc.
Teladoc
Telvista
Tenet Healthcare
Texas A&M University
Texas A&M University— Commerce
Texas Blockchain Council
Texas Capital Bank
Texas Central
Texas Christian University
Texas Health Resources
Texas Instruments, Inc.
Texas Mutual Insurance Company
Texas Scottish Rite Hospital for Children
Texas Tech University Health Sciences Center
Texas Woman’s University
Texas Women’s Foundation
The Beck Group
The Boston Consulting Group Inc.
The Commit Partnership
The Crowther Group
The Dallas Morning News
The Fairmont Hotel
The Kroger Co.
The Ritz-Carlton, Dallas
The Salvation Army
The University of Texas at Arlington
Thomson Reuters
Thoughtworks
TIAA
Tom Thumb - Albertsons
Toronto Stock Exchange and TSX Venture Exchange
Tourmaline Capital Partners
Town of Addison
Toyota Motor North America
Transcend Education
Trinity Groves, LLC
Trinity Industries, Inc.
Trinity Park Conservancy
Truist Bank
Turner Construction Company
TXU Energy
U.S. Bank
UMB Bank N. A.
Unispace
UnitedHealthcare
University of Dallas
University of North Texas at Dallas
University of North Texas System
University of Texas at Dallas
Urban Land Institute
US Army Recruiting Office
USAA
UT Southwestern Medical Center
Veritex Holdings
Verizon Wireless South Central
Walter P Moore
Waymo
Weaver
Weil, Gotshal & Manges LLP
Wells Fargo
West Coast University Texas
West Monroe
White Rock Medical Center
Whitley Penn
Willis Towers Watson
Winstead PC
Woods Capital Worlds
Zirtue
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 29 DALLAS REGIONAL CHAMBER | TOP INVESTORS
Economic Development Services
The Dallas Regional Chamber (DRC) works with our member companies and regional partners to strengthen our business community by advocating for pro-growth public policies, improving our educational system, attracting talented workers from around the world, promoting diversity, equity, and inclusion, and enhancing the quality of life for all. Our economic development program works directly with companies, location consultants, and local and state allies to market the region and attract new and expanding corporations. We serve as a single point of contact for companies, site selection consultants, and corporate real estate executives examining the region.
Senior Vice President 214-746-6735 mrosa@dallaschamber.org
INFORMATION
n Detailed data, maps, information, and publications
n Estimates of state and local incentives
n Consultations and research support from our experienced team
kshatley@dallaschamber.org
214-746-6749 kcloud@dallaschamber.org
COORDINATION
n Distribution or completion of RFPs
n Connections with local cities, state agencies, companies, and service providers
n Itinerary recommendations to support an effective field visit
Our Service Area
The Dallas Regional Chamber’s economic development team maintains relationships with regional economic development representatives in 20 North Texas counties as well as The State of Texas Office of the Governor. Through these relationships, we assist companies and site location consultants with their corporate location projects.
HOSTING
n Itinerary, travel, and hospitality arrangements
n Regional, city, state, service provider, and expert presentations
n Meetings with peer executives from local companies
mjimenez@dallaschamber.org
WELCOMING
n Information, publications, and orientations for relocating employees
n Executive welcome orientation, receptions, and meals with peers
n Support to achieve local corporate social responsibility goals
Region Location
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 30 DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT SERVICES
Mike Rosa
Kelly Cloud Vice President, Life Sciences
Elizabeth Koestler Director 214-746-6730 ekoestler@dallaschamber.org
Mechelle Jimenez Coordinator 214-746-6743
Kevin Shatley Vice President 214-746-6641
GR A Y S O N CO O K E WI S E P A L O P I N T O ER A T H HO O D SOME R VEL L JOHNSO N EL L I S N AV ARR O HE N DERS O N P ARKE R T ARRAN T D AL L A S K A U FMA N RO C K W A L L DE N T O N C O L L I N HU N T HOPK IN S Dallas-Fort Worth Combined Statistical Area GR A Y S O N CO O K E WI S E P A L O P N T O ER A T H HO O D SOME R VEL L JOHNSO N EL L I S N AV ARR O HE N DERS O N P ARKE R T ARRAN T D AL L A S K A U FMA N RO C K W A L L DE N T O N C O L L I N HU N T HOPK IN S Dallas-Fort Worth Combined Statistical Area
Research and Innovation
The Dallas Regional Chamber maintains a robust and dynamic research and innovation program that is a recognized voice for the Dallas Region’s business community.
Priorities
n Ensure that DRC leaders, the larger business community, and other decision makers have ready access to information that supports economic development, public policy, education & workforce, talent attraction, diversity, equity & inclusion, and other strategic initiatives
n Create research products that tell the “DFW Story,” including the breadth, quality, and successes of the DFW community
n Support the launch and growth of innovation activities by connecting entrepreneurs, innovators, researchers, and the business community
Duane Dankesreiter
Senior Vice President 214-746-6772
ddankesreiter@dallaschamber.org
Eric Griffin Vice President 214-746-6688
egriffin@dallaschamber.org
Nicole Ward
Storyteller/Data Journalist 214-746-6617
nward@dallaschamber.org
Christian Manty
Research Analyst 214-746-6615
cmanty@dallaschamber.org
Amanda Chara Coordinator 214-746-6734
achara@dallaschamber.org
Greenville, Texas offers remarkable nationwide access via air, rail and truck — PLUS 1.3 million workers within 40 miles AND abundant low-cost land for development.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 31 31
WE GET IT. LAND YOUR BUSINESS. GREENVILLE’S MAJORS FIELD AIRPORT GREENVILLE, TEXAS WANTS TO
GreenvilleTXedc.com Economic Development GreenvilleTXedc.com 7x6.625 land your business.indd 1 4/29/19 4:06 PM
DFW Marketing Team
The DFW Marketing Team is an alliance of economic development organizations in the Dallas–Fort Worth area. Our team works with location consultants and corporate real estate executives who are examining the Dallas–Fort Worth region for business locations and expansion opportunities.
The DFW Marketing Team is committed to:
n Facilitating new business development in the Dallas–Fort Worth region
n Assisting with due diligence, research, qualified site identification, and contacts
n Coordinating a regional approach to economic development
n Providing network opportunities among economic development allies
We can connect you to a variety of urban, suburban, and rural opportunities, including:
n Industrial/manufacturing
n Distribution facilities
n Corporate headquarters
n Retail
n Call centers
n Mixed-use developments
n Residential land
n Transit-oriented developments
n Tourism sites
n Airport properties
For more information about the DFW Marketing Team, please call Kevin Shatley at 214-746-6641 or visit www.DFWmarketingteam.com.
DALLAS REGIONAL CHAMBER | DFW MARKETING TEAM
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 32
Loews Hotel & Convention Center, One Rangers Way Resort-Style Apartments, and the National Medal of Honor Museum opens in 2024. ENHANCING OUR FUTURE WITH INNOVATION & GROWTH Office of Economic Development | arlingtontx.gov/business | 817.459.6155
THE FIRST NORTH AMERICAN WALLBOX FACTORY HAS OPENED IN ARLINGTON
SPARK COWORKING AT CHOCTAW STADIUM
Economic Development Allies
The Dallas Regional Chamber proudly supports economic development in the 20-county Dallas-Fort Worth partnership region by maintaining relationships with more than 120 key local community allies.
ADDISON, TOWN OF Orlando Campos
Director, Economic Development & Tourism
(972) 450-7034
ALEDO EDC
Deana McMullen
City Secretary & Human Resources Director
(817) 778-0147
ALLEN EDC
Dan Bowman
Executive Director/CEO
(972) 727-0252
David Ellis
Assistant Director
(972) 727-0212
Eileen Gonzales
Marketing Director
(972) 727-0228
Nicole Bywater
Economic Development Specialist
(972) 727-0229
ALVARADO, CITY OF
Emile Moline
Economic Development Director
(817) 790-3351
ANNA, CITY OF Joey Grisham
Economic Development Director
(214) 831-5394
Taylor Lough
Assistant Director of Economic Development
(214) 831-5321
ARLINGTON, CITY OF Bruce Payne
Economic Development Director
(817) 459-6114
Marcus Young
Economic Development Specialist
(817) 459-6117
ARLINGTON EDC
Broderick Green
Executive Director
(817) 459-6155
ATHENS EDC
Joanie Ahlers
Economic Development Director
(903) 675-5131
AZLE, CITY OF David Hawkins
Director of Planning and Development
(817) 444-7084
Kristen Pegues
Community and Marketing Specialist
(817) 444-2541
BALCH SPRINGS, CITY OF Charles Fenner
Economic Development Director
(972) 286-4477
Effie Donaldson
Economic Development Manager
(972) 913-3004
Linda Highwood
Economic Development Project Manager
(972) 528-6044
BEDFORD, CITY OF Andrea Roy
Assistant City Manager/ Development
(817) 952-2175
Audrey Thorne Economic Development Analyst
(817) 952-2160
BRIDGEPORT, CITY OF Leah Clark Executive Director
(940) 683-3490
BURLESON, CITY OF Alex Philips Economic Development Director
(817) 426-9613
Drew Pennywell
Economic Development Project Manager
(817) 426-9637
CARROLLTON, CITY OF Robert Winningham
Economic Development Director
(972) 466-3299
Chris Szymczyk
Economic Development Specialist
(972) 466-5741
CEDAR HILL EDC
Henry Florsheim Director of Economic Development
(972) 291-5132
Louis Castillo Economic Development Specialist
(972) 291-5132
CELINA EDC
Alexis Jackson
Executive Director
(972) 382-3455
Lalaina Alvarez
Business Retention & Expansion Specialist
(972) 382-3455
Melissa Thomas
Marketing Manager
(972) 382-3455
CLEBURNE ECONOMIC DEVELOPMENT FOUNDATION, INC.
Jerry Cash
Executive Vice President
(817) 645-8644
COLLEYVILLE, CITY OF Mark Wood
Assistant City Manager
(817) 503-1117
COPPELL, CITY OF Mindi Hurley Director of Community Development
(972) 304-3677
CORINTH EDC
Elise Back Director of Economic Development
(940) 498-3295
CORSICANA, CITY OF Connie Standridge City Manager
(903) 654-4803
John Boswell
Economic Development Director
(903) 654-4806
CRANDALL EDC
Brad Piland Director of Public Works
(972) 427-3771
Casey Bingham Director
(972) 427-3771
DALLAS, CITY OF Robin Bentley
Director, Office of Economic Development
(214) 671-9942
David Schleg
Business Development Manager
(214) 671-9824
Samantha Taylor
Business Development Coordinator (214) 671-9093
DALLAS/FORT WORTH INTERNATIONAL AIRPORT
John Brookby Vice President, Commercial Development
(972) 973-4660
DALLAS COUNTY
Luis Tamayo Director, Planning & Development (214) 653-7601
DALLAS REGIONAL CHAMBER
Mike Rosa
Senior Vice President, Economic Development (214) 746-6735
Kevin Shatley Vice President, Economic Development
(214) 746-6641
Kelly Cloud Vice President, Economic Development-Life Sciences (2140746-6749
Elizabeth Koestler Director, Economic Development
(214) 746-6730
Mechelle Jimenez Economic Development Coordinator
(214) 746-6743
Duane Dankesreiter
Senior Vice President, Research and Innovation
(214) 746-6772
Eric Griffin
Vice President, Research and Innovation
(214) 746-6688
DECATUR EDC
Kevin Holzbog
Executive Director
(940) 393-0350
Barbara Metcalf
Executive Administrative Assistant
(940) 393-0354
DENISON DEVELOPMENT ALLIANCE
Tony Kaai President
(903) 464-0883
DENTON, CITY OF Wayne Emerson
Director of Economic Development (940) 349-7531
Christina Davis
Business Development Administrator (940) 349-7730
Erica Sullivan
Economic Development Program Administrator (940) 349-7731
DENTON ECONOMIC DEVELOPMENT PARTNERSHIP
Dan Rosenfield
Director of Strategic Partnerships (940) 382-7151
Kendall Carlson
Director of Marketing & Communications (940) 382-7151
DESOTO EDC
Matt Carlson Executive Director (972) 230-9605
Antoine Long Economic Development Coordinator (972) 230-9608
DUNCANVILLE, CITY OF Gus Garcia Director of Economic Development (972) 780-4997
ENNIS, CITY OF Jim Wehmeier
Director of Economic Development (972) 878-4748
EULESS, CITY OF Michael Warrix
Director of Planning & Economic Development (817) 685-1684
EVERMAN, CITY OF Michael Nicoletti
Director, Economic Development (817) 293-0525
FAIRVIEW, TOWN OF Dave Quinn Interim Director (214) 775-0617
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 34 DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES
FARMERS BRANCH, CITY OF
Allison Cook Director of Economic
Development & Planning
(972) 919-2507
Stephanie Hall Economic Development Coordinator
(972) 919-2509
FARMERSVILLE, CITY OF Ben White
City Manager/Public Works Director
(972) 782-6151
Larry Tucker
Executive Director
(972) 782-6151
FATE, CITY OF
Justin Weiss
Assistant City Manager (972) 771-4601
FERRIS, CITY OF Mike Grace
Chief Economic Development Officer (972) 837-0028
FLOWER MOUND, TOWN OF
Ray Watson Director of Economic Development
(972) 874-6045
Melody Eby Economic Development Specialist
(972) 874-6044
FORNEY EDC
Lynn Spencer
Economic Development Director
(972) 552-6463
Mary Wilson
Administrative Assistant (972) 564-5808
FORT WORTH, CITY OF Robert Sturns
Director of Economic Development (817) 392-2663
Michael Hennig
Economic Development Manager
(817) 392-6118
FORT WORTH CHAMBER OF COMMERCE
Chris Strayer
Executive Vice President of Economic Development
(817) 338-3305
Sara Thurber
Vice President of Economic Development
(817) 338-3392
Caroline Causey Economic Development Specialist
(817) 338-3393
FRISCO EDC
Jason Ford President
(972) 292-5158
Gloria Salinas Vice President
(214) 671-8049
Harry Whalen
Director of Business
Attraction, International
(972) 292-5156
Stefanie Wagoner
Director of Business
Retention & Expansion
(972) 292-5157
Jasmin Brand Director of Innovation
(972) 292-5164
Emily Pollard
Interim Marketing Manager
(972) 292-5159
Peyton Capps
Business Retention & Expansion Specialist
(972) 292-5150
Erika Saracho Research Specialist
(972) 292-5165
GAINESVILLE EDC
William Myers
Executive Director
(940) 312-3398
Jennifer Carpenter Marketing & Business Development Coordinator
(940) 665-5241
GARLAND, CITY OF Ayako Schuster
Economic Development Director
(972) 205-3818
GRANBURY, CITY OF Chris Coffman City Manager
(817) 573-1114
Lance LaCour Director of Economic Development
(682) 205-1749
GRAND PRAIRIE, CITY OF Marty Wieder
Director of Economic Development
(972) 237-8081
Terry Jones Business Manager
(972) 237-8020
Kay Brown-Patrick Business Manager
(972) 237-8446
Richard Nevins Business Manager
(972) 237-8063
GRAPEVINE, CITY OF Garin Giacomarro
Acting Director of Economic Development
(817) 410-3382
GREATER IRVING-LAS COLINAS CHAMBER OF COMMERCE
Diana Velazquez
Vice President of Economic Development
(214) 217-8470
Chris O’Brien Director of Economic Development
(214) 217-8484
Sharon Hardaway Economic Development Coordinator
(214) 507-5091
GREENVILLE BOARD OF DEVELOPMENT
Greg Sims President/CEO
(903) 455-1197
John Dickson Director of Business Development/Retention
(903) 455-1197
GUNTER, CITY OF Ben Rodriguez Director of Community and Economic Development
(903)-433-5185
HALTOM CITY, CITY OF Rex Phelps City Manager
(817) 222-7745
HEB ECONOMIC DEVELOPMENT FOUNDATION
Mary Frazior Director
(817) 540-1053
HIGHLAND VILLAGE, CITY OF Autumn Aman Community Development Coordinator
(972) 899-5093
HURST, CITY OF Steve Bowden Executive Director, Economic Development (817) 788-7025
HUTCHINS EDC
Guy Brown CEO
(972) 225-4449
JOHNSON COUNTY
ECONOMIC DEVELOPMENT COMMISSION
Diana Miller Executive Director
(817) 556-6985
KAUFMAN EDC
Stewart McGregor Executive Director
(972) 932-5332
KELLER, CITY OF Mark Hafner City Manager
(817) 743-4020
Mary Meier-Culver Economic Development Director
(817) 743-4021
Siale Langi Economic Development Specialist
(817) 743-4021
KENNEDALE EDC
Darrell Hull City Manager & EDC Executive Director
(817) 985-2102
Rosie Ericson
Deputy City Secretary
(817) 985-2105
LANCASTER, CITY OF Shane Shepard Director of Economic Development
(972) 218-1314
Karl Stundins Research & Business Development Manager
(972) 218-1303
LAVON EDC
Pamela Mundo Executive Director
(214) 773-0966
LEWISVILLE, CITY OF Marichelle Samples Director of Economic Development
(972) 219-3400
Christina Williams
Economic Development Manager
(972) 219-3722
Christina Barrera Economic Development Coordinator
(956) 821-3560
LITTLE ELM EDC
Jennette Espinosa Executive Director
(903) 217-2740
MANSFIELD EDC
Jason Moore
Executive Director
(817) 728-3651
MCKINNEY EDC
Peter Tokar
President & CEO
(972) 562-5430
Michael Talley
Senior Vice President
(972) 547-7659
Madison Clark Director of Business Retention & Workforce Development
(972) 547-1083
Miguel Esparza
Project Manager
(972) 562-5430
Luke Gajary
Marketing & Social Media Manager
(972) 547-7691
MELISSA, CITY OF Jason Little
City Manager
(972) 838-2338
Dave Quinn
Economic Development Director
(214) 775-0617
MESQUITE, CITY OF Kim Buttram
Director of Economic Development
(972) 216-6340
Lexie Woodward
Economic Development Manager
(972) 216-6446
Alberto Rivera
Economic Development Coordinator
(972) 216-6446
MIDLOTHIAN ECONOMIC DEVELOPMENT
Kyle Kinateder
President and CEO
(972) 723-3800
Natalie Phelps
Senior Business Manager (972) 723-3800
MINERAL WELLS, CITY OF David Hawes
Executive Director (940) 328-7700
MURPHY, CITY OF Jared Mayfield
Director of Economic & Community Development (972) 468-4006
NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS
Prit Patael
Senior Economic Development Manager (817) 704-5666
Donna Coggeshall
Manager of Research and Technical Services
(817) 695-9168
NORTHEAST TARRANT CHAMBER OF COMMERCE
Jack Bradshaw
President & CEO
(817) 281-9376
NORTHLAKE, TOWN OF Drew Corn
Town Manager (940) 242-5701
Nathan Reddin
Development Director (940) 242-5703
Lancine Bentley
Economic Development & Grants Analyst (940) 648-3290
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 35 DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES
NORTH RICHLAND HILLS, CITY OF
Craig Hulse
Director, Economic Development
(817) 427-6091
Elizabeth Copeland Economic Development Analyst
(817) 427-6093
OAK POINT EDC
Stepheen Ashley City Manager
(972) 294-2312
ONCOR ELECTRIC DELIVERY COMPANY
Wilson Peppard Economic Development Director
(214) 486-2000
Heather Ledbetter Economic Development Manager
(214) 486-3919
PANTEGO EDC
Joe Ashton City Manager
(817) 617-3705
Cathy Allen Coordinator
(817) 994-3802
PARKER COUNTY
Patrick Lawler
Executive Director
(817) 694-5140
Heylee Sears Economic Development Specialist
(817) 609-4131
PILOT POINT MUNICIPAL DEVELOPMENT DISTRICT
Denise Morris Executive Director of Economic Development
(940) 324-5023
Wendy Haun
Economic Development Coordinator
(940) 293-7434
PLANO, CITY OF
Doug McDonald
Director of Economic Development
(972) 208-8302
Jenny Zeilfelder
Economic Development Manager
(972) 208-8300
PRINCETON, CITY OF
Derek Borg
City Manager
(972) 736-2416
Dave Quinn
Economic Development Director
(214) 775-0617
DeShawyna Walker
EDC/CDC Coordinator
(972) 736-2416
PROSPER EDC
Mary Ann Moon
Executive Director
(972) 569-1171
Susanne Barney
Economic Development Specialist
(972) 569-1173
RED OAK, CITY OF Lee McCleary
Economic Development Director
(469) 218-1208
RICHARDSON, CITY OF Michaela Dollar
Assistant City Manager
(972) 744-4207
Jenny Mizutowicz Director of Economic Development
(972) 744-5841
RIVER OAKS EDC
Marvin Gregory Executive Director
(817) 626-5421
ROANOKE, CITY OF Scott Campbell
City Manager
(817) 491-2411
ROCKWALL EDC
Phil Wagner President
(972) 772-0025
Matt Wavering Vice President
(972) 772-0025
ROWLETT, CITY OF Libbey Tucker Director of Economic Development
(972) 412-6193
Charles Mazarakes
Assistant Director of Economic Development
(972) 412-6121
ROYSE CITY
Charles Houk
Executive Director
(469) 652-0723
SACHSE EDC
Gina Nash City Manager
(469) 429-4773
Jerod Potts
Economic Development Manager
(469) 429-4764
SAGINAW, CITY OF Keith Rinehart
Director of Community & Economic Development
(817) 232-9800
SANGER, CITY OF Shani Bradshaw
Director of Economic Development
(940) 458-9096
SEAGOVILLE EDC
Patrick Stallings
City Manager
(972) 287-6807
SHERMAN EDC
Kent Sharp President
(903) 868-2566
Shannon Blake Economic Development Specialist
(903) 868-2566
Ashton Bellows Chief Administrative Officer
(903) 868-2566
SOUTHLAKE, CITY OF Daniel Cortez Director of Economic Development & Tourism
(817) 748-8039
STATE OF TEXAS
ECONOMIC DEVELOPMENT & TOURISM
Janie Havel
North Texas Region Representative
(214) 733-4274
STEPHENVILLE ECONOMIC DEVELOPMENT
AUTHORITY
Jeff Sandford
Executive Director
(254) 459-4921
Ashleigh Feuerbacher
Assistant Director & Senior
Project Manager
(254) 459-4921
TERRELL CHAMBER OF COMMERCE
Carlton Tidwell President
(972) 524-5704
TERRELL EDC
Ray Dunlap President
(469) 294-5553
THE COLONY EDC
Keri Samford Executive Director of Development
(972) 624-3126
Diane Lemmons
Business Retention & Expansion Manager
(972) 624-3111
TROPHY CLUB, TOWN OF Wade Carroll Town Manager
(682) 237-2901
WATAUGA, CITY OF Jackie Reyff
Director of Planning & Economic Development
(817) 514-5818
WAXAHACHIE, CITY OF Warren Ketteman
Senior Director of Economic Development
(469) 309-4121
Kassandra Carroll Economic Development Coordinator
(469) 309-4122
WEATHERFORD, CITY OF Kristen Pegues
Economic Development Planning Coordinator
(817) 598-4279
WESTLAKE, TOWN OF Ron Ruthven
Director of Planning & Development
(817) 490-5739
WHITESBORO EDC
Lynda Anderson
Economic Development Director
(903) 564-4000
WILMER, CITY OF Rona Stringfellow City Administrator
(972) 441-6373
WYLIE EDC
Jason Greiner Executive Director
(972) 442-7901
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 36 DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES
Today’s companies and employees are concerned about the environment. Taking DART help us all do more to reduce emissions.
MAKE COMMUTING LESS WORK FOR YOUR EMPLOYEES. GET YOUR COMPANY ON BOARD! SIGN YOUR COMPANY UP FOR DART’S CORPORATE PASS PROGRAM AT DART.ORG/CORP BRINGING THE DART CORPORATE PASS PROGRAM TO YOUR BUSINESS HAS ITS BENEFITS.
STRESS
tra c can take a toll on your employees. Riding DART can improve their quality of life, thus making them more productive at work.
REDUCE
Fighting
RECRUITMENT
MONEY
With a 700-square-mile service area, DART expands your company’s pool of prospective workers, giving you an edge in attracting –and retaining – top talent. SAVE
CARBON FOOTPRINT
Taking DART instead of driving can save your employees up to $8,500 a year in total expenses. It’s like giving them a raise without a ecting your bottom line. LOWER
Connectivity Location Access Dallas Fort Worth International Airport and Dallas Love Field Nonstop Flight Times Transportation Infrastructure Public Transit Regional Veloweb Mobility 2045 High-Tech Mobility Digital Infrastructure 2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 39
Photo: Michael Samples
The Dallas Regional Chamber welcomes you and your company to the Dallas-Fort Worth region. DFW is an innovation hub with a wealth of resources that make it an ideal business location. DFW’s attractive quality of life, strong regional and state economy, low cost of living, skilled labor force, pro-business mindset, and lack of corporate and personal income taxes contribute to a thriving economy.
Forward-looking company leaders seeking a friendly and profitable place to do business have discovered the attributes they are seeking here.
Due to its central location and worldclass transportation infrastructure, DallasFort Worth is a major international gateway. DFW excels in passenger air travel and air cargo operations. The region is home to:
n DFW International Airport, the nation’s second-busiest airport, and home base for American Airlines;
n Dallas Love Field Airport, home to Southwest Airlines, the largest domestic airline in the country; and
n Perot Field Fort Worth Alliance Airport, the world’s first major industrial airport, and home to an Amazon Air hub.
Additionally, DFW’s highways and rail lines are remarkable for the throughput capacity and delivery speed they provide for transporting freight across the country.
Equally important is the regionally supported agreement to prove up tomorrow’s transit disruptors through efforts such as the North Texas Center for Mobility Technologies (NTCMT).
DFW consistently ranks among the top three U.S. metropolitan areas for business expansions, relocations, and employment growth. The 4.3 million-person workforce is bolstered by a steady influx of young, credentialed, and talented professionals, providing companies with an abundance of skills required to maintain a competitive edge.
Texas’ business climate, combined with the attributes and functionality that DallasFort Worth holds as a major corporate headquarters destination, sends a simple, yet compelling message: There is no better region from which to operate a national or global firm today, next year, or even decades into the future.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 40 CONNECTIVITY | LOCATION
Location
Amarillo Lubbock Abilene Galveston Laredo Odessa Corpus Christi Dallas El Paso Fort Worth Houston San Antonio Austin 45 35 37 20 40 20 30 10 10
Central location, leveraged by transportation assets and a favorable business climate
41 CONNECTIVITY | LOCATION DallasFort Worth New York Rio de Janeiro Mexico City Los Angeles London Paris Frankfurt Tokyo Shanghai Buenos Aires Sydney Singapore Mumbai Dubai Moscow Beijing Cape Town Cairo Toronto Seattle Boston DallasFort Worth Denver Atlanta Chicago Detroit Houston Phoenix Seattle New York Portland Charlotte Washington Los Angeles Philadelphia San Francisco Miami Austin San Antonio 2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Superior
combination of location and access featuring DFW Airport, major highways, and rail
“Everything is bigger in Texas” is a familiar phrase that also applies to the Dallas-Fort Worth region, which has a footprint larger than some U.S. states.
Dallas–Fort Worth is the nation’s fourth-largest metro area. Its central location provides convenient access to all major markets in the U.S. and in the North American trade partnership.
The region functions as a logistics and distribution hub, giving businesses an edge by putting key markets within easy reach of air, truck, and rail cargo shipping.
For business travelers, DFW’s location in the central U.S. means time savings when it comes to travel. All major U.S. cities are less than four hours away.
Truck Transit Times and Population Served
Flight Time From DFW
New York, NY (NYC)
Los Angeles, CA (LAX)
Toronto, On, Canada (YTO)
Mexico City, Mexico (MEX)
Paris, France (PAR)
Tokyo, Japan (TYO)
Dallas-Fort Worth Climate
Average high/low temperatures
January 57/36
April 76/55
(°F)
July 96/76
October 78/57
Annual Average 77/57
Rail Transit Time
Atlanta 3 days Houston 1 day
Average annual weather occurrences
Percent of possible sunshine 61%
NOAA
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 42 CONNECTIVITY | ACCESS
Angeles
Los
4+ days Chicago 3+ days
Snowfall 1.6 inches
80 days Precipitation 37.0 inches Wind Speed 10.5 mph 1 2 3 New York City Chicago DFW Los Angeles Seattle
Number of rainy days
2 hrs. 52 min. 2 hrs. 35 min. 2 hrs. 31 min. 2 hrs. 01 min. 9 hrs. 36 min. 12 hrs. 23 min. % of US Ring Hours Miles Kilometers Pop. Served 1 10 600 966 18% 2 24 1,000 1,609 49% 3 48 1,800 2,887 87%
Source: Missouri Census Data Center; XPO Logistics
Source: Dallas Fort Worth International Airport Source:
Cargo Transportation Around the Region
Pre-designated foreign trade zone “magnet sites”
Any company may locate on this land and simply activate with customs.
Company/site-specific foreign trade zones
For companies wanting FTZ status but which cannot locate in an existing magnet site.
Rail yard / Intermodal facility
Distribution centers
Custom port of entry Rail line
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 43 CONNECTIVITY | ACCESS Dallas Fort Worth International Airport Perot Field Fort Worth Alliance Dallas Love Field Addison Airport McKinney National Airport Lancaster Regional Airport Fort Worth Meacham International Union Pacific Dallas Intermodal Terminal Railport BNSF Intermodal Yard Kansas City Southern Wylie Rail Yard Kansas City Southern Garland Rail Yard Union Pacific Miller Intermodal Facility Union Pacific Rail Yard Union Pacific Rail Yard Union Pacific Rail Yard -GM Centennial Yard Panama City London Vancouver Macau Shanghai Nagoya Seoul Tokyo Sydney Dallas-Fort Worth Miami Santiago Atlanta Seattle Chicago Los Angeles Honolulu Guadalajara Luxembourg Frankfurt Amsterdam Brussels Mumbai Mexico City Taipei Singapore Hong Kong Sharjah Doha Anchorage Auckland Bakku Hanoi
Dallas Fort Worth International Airport’s cargo network connects the region to 32 major hubs around the world.
Dallas Fort Worth International Airport and Dallas Love Field
Dallas Fort Worth International Airport is an economic engine for the region, generating $37 billion in economic impact annually. Built in 1974 and situated midway between Dallas and Fort Worth, it is one of the highestcapacity commercial airports in the world.
As a major hub of Fort Worth–based American Airlines, DFW International Airport offers business travelers a high-frequency schedule and access to any major city in the continental United States in less than four hours. Cargo operations serve 32 major markets around the world, including several key markets in Asia. DFW Airport recently completed upgrades to four of its original terminals with a $2.7 billion Terminal Renewal and Improvement Program (TRIP), and currently hosts 171 gates flying to 262 destinations. A $1.5 billion renovation of its 5th original, and busiest, terminal “C” is underway with the installation of four innovative modular “High C Gates” in 2022. Additional renovation construction will begin in 2023.
Located just seven miles from downtown Dallas, Love Field is a convenient generaluse airport that serves as the headquarters for low-cost carrier Southwest Airlines. The airport, which served nearly 16 million passengers in 2022, recently underwent a $519 million modernization renovation, including a centralized terminal with 20 gates, a new lobby, and an expanded baggage claim area. DART services Love Field with the “Love Link” providing connections to the Green and Orange lines.
Dallas Love Field
By the Numbers (2022):
Daily Passengers: 43,752
Total Passengers: 15,969,541
Total Operations: 230,529
Travel Time From Downtown Dallas: 11 minutes
Dallas Fort Worth International Airport
By the Numbers (2022):
Average Daily Passengers: 200,994
Total Passengers: 73,362,946
International Passengers: 9,796,795
Total Cargo (U.S. tons): 901,502
DART’s light rail Orange Line connects DFW International Airport directly with downtown Dallas and beyond. With a completion date in 2025, the new Silver Line will connect the airport with population centers in Collin and Dallas counties.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 44 CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD Washington D.C. Los Angeles Honolulu Chicago New York Boston Miami Orlando Atlanta Charlotte Phoenix Denver Austin San Antonio Houston Detroit Philadelphia Las Vegas Seattle Minneapolis Kansas City Nashville New Orleans Portland San Diego St. Louis San Francisco Washington, DC Los Angeles Burbank Chicago Columbus Indianapolis Orlando Baltimore New York Bozeman Charleston Colorado Springs Destin Harlingen Jacksonville Long Beach Louisville Miami Myrtle Beach Norfolk/Virginia Beach Palm Springs Panama City Beach Philadelphia Sarasota Savannah Steamboat Springs Telluride Ft. Lauderdale West Palm Beach Atlanta Tampa San Diego Phoenix Tucson Oakland Sacramento San Jose Denver Ft Meyers Pensacola St Louis Las Vegas Seattle/Tacoma Portland Milwaukee Minneapolis/ St. Paul Albuquerque Taos Reno Kansas City Tulsa Memphis Birmingham New Orleans Little Rock Salt Lake City Omaha Charlotte Raleigh/Durham Pittsburgh Ontario Orange Co Nashville Dallas Love Field Austin Houston El Paso Lubbock Amarillo Midland/ Odessa San Antonio Dallas Fort Worth International Airport high-frequency destinations Dallas Love Field domestic destinations
Source: Dallas Fort Worth International Airport Source: City of Dallas; Dallas Area Rapid Transit
Dallas Fort Worth International Airport: Our Global Center
n 2nd busiest airport in the world (passengers)
n Host to 28 passenger airlines and 19 cargo and freight carriers (active)
n Service to 192 domestic and 70 international destinations out of 5 terminals, 171 gates and 7 runways
n Access to every major city in the continental U.S. within four hours
n 1st North American airport to achieve carbon neutral status and largest carbon neutral airport in the world
n 1st airport to achieve Global Biorisk Advisory Council STAR Facility accreditation for infectious disease prevention
n IATA CEIV Pharma compliant facility for handling temperature controlled and time-sensitive products, such as vaccines
n Footprint covering nearly 70 km— larger than Manhattan, with 557,000 square meters of terminal space
n Economic output to the Dallas Region totaling $37 billion, supporting 228,000 full-time jobs and $12.5 billion in payroll
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 45 CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD
Source: Dallas Fort Worth International Airport
Nonstop Flight Times From Dallas-Fort Worth
The Dallas-Fort Worth region is globally connected. Dallas Fort Worth International Airport is the second-most internationally connected airport megahub according to OAG Aviation Worldwide, and is the fifthbusiest international airport by seats.
In fact, DFW Airport netted many new domestic and international flights in 2022, or restarted routes that were suspended as a pandemic response. Recent highlights include:
n In 2022, American Airlines announced that it will resume service to Tokyo Haneda
Alaska & Hawaii
Anchorage, AK — 412
Kahului/Maui, HI — 487
Honolulu/Oahu, HI — 493
Canada
Toronto, ON — 180
Montreal-PET, QC — 212
Calgary, AB — 232
Vancouver, BC — 265
South America
Bogota, CO — 320
Lima, PE — 490
Santiago, CL — 559
Sao Paulo-Guarulhos, BR — 605
Buenos Aires, AR — 619
Europe
Dublin, IR — 528
London-Heathrow, GB — 547
Madrid, ES — 556
Paris-De Gaulle, FR — 557
Amsterdam, NL — 564
Frankfurt, DE — 582
Helsinki, FI — 614
Rome-Da Vinci, IT — 625
Middle East
Dubai, UAE — 880
Doha, QA — 883
Asia/Pacific
Istanbul, TK — 693
Tokyo-Narita, JP — 802
Tokyo-Haneda, JP — 815
Seoul, KR — 882
Auckland, NZ — 902
Shanghai, CN — 915
Sydney, AU — 1012
Melbourne, AU — 1055
Airport after suspending the route in summer 2020, and will increase the frequency of travel to Rome and Paris in summer 2023.
n American Airlines launched service to Auckland, New Zealand, in 2022 after a two-year delay due to COVID. New flights were established to Melbourne, Australia, and Helsinki, Finland. And the resumption of service to Shanghai is scheduled to begin in March 2023.
n Air France, Turkish, Finnair, and Iberia all added international routes flying out of DFW Airport in 2022 bringing the total number of
long-haul flights close to 2019 levels.
n Southwest Airlines services 69 markets out of Love Field in Dallas, including two destinations - Oakland and Long Beach - not served by DFW Airport.
The number of nonstop flights from Dallas Fort Worth International Airport and Love Field provides travelers with plenty of options as well as convenience. New international routes, more carriers, and increases in air service destinations confirm DFW’s place as a global super hub.
Caribbean
Nassau, BS — 190
Grand Cayman Island, KY — 200
Montego Bay, JM — 218
Providenciales, TC — 238
Santa Domingo, DO — 272
Punta Cana, DO — 276
San Juan, PR — 278
Saint Thomas, VI — 288
Aruba, AW — 290
St. Maarten, SX — 306
St. Lucia, LC — 338
Central America
Belize City, BZ — 171
Roatan, HN — 193
Guatemala City, GT — 195
San Pedro Sula, HN — 197
San Salvador, SV — 207
Comayagua, HN — 215
Guanacaste, CR — 236
San Jose, CR — 243
Mexico
Monterrey, MX — 106
Chihuahua, MX — 124
Torreon, MX — 127
San Luis Potosi, MX — 129
Zacatecas, MX — 138
Durango, MX — 139
Aguascalientes, MX — 141
Queretaro, MX — 142
Leon/Guanajuato, MX — 144
Morelia, MX — 151
Merida, MX — 152
Mazatlan, MX — 153
Guadalajara, MX — 154
Hermosillo, MX — 158
Cozumel, MX — 160
Mexico City, MX — 161
Puerto Vallarta, MX — 161
Cancun, MX — 162
Ixtapa/Zihuatanejo, MX — 169
Oaxaca, MX — 173
San Jose del Cabo, MX — 173
Loreto, MX — 176
Manzanillo, MX — 182
Acapulco, MX — 183
Huatulco, MX — 189
La Paz, MX — 196
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 46 CONNECTIVITY | NONSTOP FLIGHT TIMES
DESTINATION — FLIGHT TIME IN MINUTES
Source: Dallas Fort Worth International Airport
U.S. Midwest
Wichita, KS — 79
Springfield, MO — 82
Manhattan, KS — 92
Kansas City, MO — 93
Garden City, KS — 93
Ft. Leonard Wood, MO — 94
Columbia, MO — 99
St. Louis, MO — 103
Omaha, NE — 106
Grand Island, NE — 112
Evansville, IN — 112
Des Moines, IA —
Peoria, IL — 113
Springfield, IL — 114
Bloomington/Normal, IL — 117
Moline, IL — 119
Cedar Rapids, IA — 120
Champaign/Urbana, IL — 124
Sioux Falls, SD — 126
Indianapolis, IN — 127
Cincinnati, OH — 130
Madison, WI — 134
Dayton, OH — 137
Chicago-Midway, IL — 137
Milwaukee, WI — 137
Rapid City, SD — 140
Fort Wayne, IN — 140
South Bend, IN — 142
Columbus, OH — 142
Minneapolis/St. Paul, MN — 142
Chicago-O’Hare, IL — 144
Grand Rapids, MI — 145
Green Bay, WI — 152
Fargo, ND — 156
Cleveland, OH — 157
Detroit, MI — 157
Bismarck, ND — 163
Traverse City, MI — 167
U.S. Northeast
Pittsburgh, PA — 157
Washington-Dulles, VA — 172
Buffalo, NY — 172
Washington-National, DC — 172
Baltimore, MD — 176
Harrisburg, PA — 176
Syracuse, NY — 186
Philadelphia, PA — 190
Hartford, CT — 203
New York-La Guardia, NY — 204
Newark, NJ — 204
Burlington, VT — 211
New York-JFK, NY — 215
Boston, MA — 220
Portland, ME — 225
U.S. South
Waco, TX — 46
Tyler, TX — 49
Longview, TX — 55
Killeen/Fort Hood, TX — 55
Abilene, TX — 56
Lawton/Fort Sill, OK — 58
Wichita Falls, TX — 58
College Station, TX — 60
Texarkana, AR — 60
Austin, TX — 62
Oklahoma City, OK — 62
Shreveport, LA — 62
Tulsa, OK — 65
San Antonio, TX — 67
Fort Smith, AR — 68
Stillwater, OK — 68
San Angelo, TX — 68
Alexandria, LA — 72
Lubbock, TX — 73
Houston-Intercontinental — TX — 73
Northwest Arkansas — AR — 73
Houston-Hobby — TX — 73
Monroe, LA — 74
Little Rock, AR — 75
Midland/Odessa, TX — 75
Lake Charles, LA — 78
Amarillo, TX — 79
Beaumont/Port Arthur, TX — 80
Corpus Christi, TX — 84
Baton Rouge, LA — 84
Lafayette, LA — 84
New Orleans, LA — 86
Jackson, MS — 87
Greenville, MS — 87
Memphis, TN — 89
Laredo, TX — 90
Harlingen, TX — 94
McAllen, TX — 94
Gulfport/Biloxi, MS — 95
Brownsville, TX — 98
Mobile, AL — 101
El Paso, TX — 103
Birmingham, AL — 103
Pensacola, FL — 104
Hot Springs, AR — 105
Montgomery, AL — 107
Huntsville/Decatur, AL — 108
Nashville, TN — 108
El Dorado, AR — 110
Destin-Fort Walton Beach, FL — 114
Panama City, FL — 114
Chattanooga, TN — 119
Knoxville, TN — 124
Tallahassee, FL — 125
Louisville, KY — 125
Atlanta, GA — 127
Harrison, AR — 130
Lexington, KY — 131
Augusta, GA — 135
Greenville/Spartanburg, SC — 135
Asheville/Hendersonville, NC — 137
Columbia, SC — 139
Jacksonville, FL — 139
Savannah, GA — 140
Tri-Cities, TN — 140
Gainesville, FL — 141
Tampa, FL — 144
Charleston, SC — 147
Sarasota/Bradenton, FL — 148
Charlotte-Douglas, NC — 150
Greensboro, NC — 150
Hilton Head, SC — 152
Fort Myers, FL — 152
Daytona Beach, FL — 155
Myrtle Beach, SC — 156
Orlando, FL — 156
Raleigh/Durham, NC — 160
Wilmington, NC — 161
Fayetteville, NC — 161
Melbourne, FL — 162
West Palm Beach, FL — 162
Key West, FL — 165
Fort Lauderdale, FL — 168
Richmond, VA — 169
Miami, FL — 169
Norfolk, VA — 173
U.S. West
Clovis, NM — 85
Roswell, NM — 96
Albuquerque, NM — 110
Santa Fe, NM — 113
Colorado Springs, CO — 118
Carlsbad, NM — 121
Denver, CO — 127
Durango, CO — 127
Montrose (Telluride), CO — 135
Grand Junction, CO — 138
Vail/Eagle, CO — 140
Tucson, AZ — 141
Aspen, CO — 144
Gunnison, CO — 144
Hayden (Steamboat Springs), CO — 151
Grand Canyon, AZ — 153
Phoenix, AZ — 154
St. George, UT — 163
Salt Lake City, UT — 168
Jackson Hole, WY — 173
Yuma, AZ — 175
Las Vegas, NV — 175
Billings, MT — 176
Long Beach, CA — 176
Oakland, CA — 181
Idaho Falls, ID — 184
San Diego, CA — 184
Palm Springs, CA — 186
Bozeman, MT — 188
Ontario, CA — 188
Orange County, CA — 194
Burbank, CA — 198
Los Angeles, CA — 200
Boise, ID — 202
Bakersfield, CA — 204
Fresno, CA — 207
Missoula, MT — 207
Santa Barbara, CA — 208
Reno, NV — 210
Kalispell-Glacier, MT — 212
San Luis Obispo, CA — 216
Sacramento, CA — 220
San Jose, CA — 222
Spokane, WA — 224
Monterey, CA — 225
San Francisco, CA — 229
Santa Rosa, CA — 231
Portland, OR — 245
Eugene, OR — 246
Seattle, WA — 261
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 47 CONNECTIVITY | NONSTOP FLIGHT TIMES
112
Transportation Infrastructure
Dallas-Fort Worth’s vast transportation infrastructure connects residents and businesses to where they need to go. The freeway system provides accessible corridors to employment centers and centers of commerce. Mass transit options, including Dallas Area Rapid Transit (DART), the Fort Worth T, Trinity Railway Express (TRE), the Denton County Transit Authority’s (DCTA) A Train, and the intermodal TEXRail, offer convenient alternatives to passenger vehicles.
DFW’s robust interstate infrastructure includes critical segments along the USMCA corridor, linking Mexico to Canada and to East and West Coast destinations in the U.S. This makes it an important intermodal center for the distribution of air, rail, and truck freight. The nation’s two largest railroads, Fort Worth–based Burlington Northern Santa Fe and Union Pacific, have major operation nodes in the region offering business-efficient access to other key ports and distribution centers across the United States and into Mexico.
DFW also offers many options for regional and international air travel, including Dallas Fort Worth International Airport (the 2nd busiest airport in the world), the workhorse Dallas Love Field, and the first major U.S. industrial airport, Perot Field Fort Worth Alliance.
Airports
Commercial Airports
Dallas Fort Worth International Airport (DFW)
Number of runways: 7
Lengths of runways (feet): 8,500; 9,000; 9,300; 11,400 (3); 13,400
2022 Total operations: 656,676
2021 Total operations: 651,895
Dallas Love Field (DAL)
Number of runways: 2 Lengths of runways (feet): 7,752; 8,800
2022 Total operations: 230,529
2021 Total operations: 211,330
Alliance Airport
Alliance Airport (AFW)
Number of runways: 2 Lengths of runways (feet): 11,000; 11,010
2022 Total operations: 109,684
2021 Total operations: 105,643
1 Dallas Fort Worth International Airport
2 Dallas Love Field
3 Addison Airport
4 Arlington Municipal
5 Dallas Executive 6 Denton Enterprise
7 Perot Field Fort Worth Alliance
8 Fort Worth Meacham International Airport
9 Fort Worth Spinks
10 Grand Prairie Municipal
11 Lancaster Regional
12 McKinney National
13 Mesquite Metro
14 NAS Fort Worth Joint Reserve Base
15 Northwest Regional
16 Ralph M Hall/Rockwall Municipal Helicopters and Vertical Take-Off and Landing Aircraft Only:
17 Dallas CBD Vertiport
18 DeSoto Heliport
19 DFW Heloplex/Heliport
20 Ferris Red Oak Municipal Heliport
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 48 CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE
2
11 10 5 4 9 10 8 7 15 6 1 3 19 17 18 12
16
13 Source:
Department of
Texas
Transportation Source: FAA; Globalair.com
Highway construction projects
Construction underway or begins soon
Construction begins within 4 years
Construction begins in 5-10 years
Corridor studies, construction in 10+ years
Major Transportation Construction Projects
The transportation sector is essential to Texas’ future. The movement of goods and people in an efficient manner ensures the economy remains competitive and prosperous. North Texas continues to experience tremendous population growth, which places increased demand on the region’s transportation infrastructure. To meet this demand, billions of dollars are being invested to maintain existing infrastructure, prevent congestion, and ensure mobility and safety by relieving chokepoints and expanding critical corridors. Dozens of projects are currently underway with many more planned for the future.
Current Express/HOV and New Managed Lanes
The DFW region has the most managed lanes of any metro in the U.S. The area’s regional transportation planning agency has created a program to use managed lanes to ensure that critical transportation modes, such as buses, are able to maintain 50-70 mph speeds in order to reliably arrive on time.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 49 CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE
Current express/HOV lanes New TEXpress managed lanes Transitional HOV lane Major roadways
HUNT ROCKWALL HOT conversion open 2016 open 2014 open 2016 segments 1 & 2W open 2014 segments 3A open 2018 segment 3B open 2017 segment 3C open 2021 Current express/ HOV lanes New TEXpress managed lanes Transitional high-occupancy vehicle lane Major roadways open 2014 open 2015 open 2017 open 2018 KAUFMAN ELLIS DALLAS JOHNSON TARRANT PARKER WISE CURRENT EXPRESS/HOV & NEW MANAGED LANES DENTON COLLIN
Public Transit
Dallas Area Rapid Transit (DART), which includes light rail, streetcar, and bus service, features the nation’s longest light-rail network enabling easy access to key job centers in Dallas and its suburbs.
DART provides convenient light-rail access to Dallas Fort Worth International Airport (with a second “Silver” line to open in 2025) and connects to the Texas Railway Express (TRE), an intercity commuter train that transports passengers between downtown Dallas and Fort Worth with many stations in between.
Fort Worth residents are served by the “T” which also connects to the TRE. Additionally, the TEXRail commuter train connects downtown Fort Worth to Terminal B at DFW Airport.
The Denton County Transportation Authority (DCTA) operates the A-Train, which connects DART riders in Carrollton to five stations ending in Denton.
DFW Rail System
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 50 Whi te Ro c k La k e Trinity River La k R y H ubba r d LOVE FIELD VIA BUS 524 DFW GARLAND ROWLETT PLANO RICHARDSON RVING FARMERS BRANCH ADDISON CARROLLTON UNIVERSITY PARK COCKRELL HILL GLENN HEIGHTS HIGHLAND PARK DALLAS MESQUITE CYPRESS WATERS (DALLAS) UT DALLAS KNOLL TRAIL UNT DALLAS CAMP WISDOM D F W A I R PO RT NO RTH ROYAL LANE WALNUT HILL/DENTON TRINITY MILLS FARMERS BRANCH DOWNTOWN CARROLLTON BACHMAN BURBANK SOUTHWESTERN MEDICAL DISTRICT/ PARKLAND MARKET CENTER INWOOD/LOVE FIELD NORTH CARROLLTON/FRANKFORD CENTREPORT/ DFW AIRPORT WEST IRVING DOWNTOWN IRVING/ HERITAGE CROSSING EDDIE BERNICE JOHNSON UNION STATION CEDARS CONVENTION CENTER 8TH & CORINTH MORRELL PEAR L/ARTSDISTRICTAKSTPAUL ARDWESTEND ILLINOIS KIEST VA MEDICAL CENTER LEDBETTER DALLAS ZOO TYLER/VERNON HAMPTON VICTORY MEDICAL/ MARKET CENTER WHITE ROCK LAKE HIGHLANDS PARK LANE WALNUT HILL FOREST LANE SPRING VALLEY ARAPAHO CENTER GALATYN PARK CITYLINE/BUSH DOWNTOWN PLANO LOVERS LANE LBJ/SKILLMAN FOREST/JUPITER DOWNTOWN GARLAND DOWNTOWN ROWLETT CITYPLACE/UPTOWN SMU/MOCKINGBIRD WESTMORELAND PARKER ROAD UNIVERSITY OF DALLAS LAS COLINAS URBAN CENTER NORTH LAKE COLLEGE BELT LINE DFW AIRPORT RVING CONVENTION CENTER LBJ/CENTRAL HATCHER LAWNVIEW LAKE JUNE BUCKNER DEEP ELLUM BAYLOR UNIVERSITY MEDICAL CENTER FAIR PARK MLK, JR. To Fort Worth To Denton Terminal A Terminal B SHILOH ROAD 12TH STREET DFW AIRPORT HIDDEN RIDGE To Fort Worth Dallas North T ollway Pre sidentGeorg e Bush Turnp ike RED BIRD TRANSIT CTR. GLENN HEIGHTS PARK & RIDE ADDISON TRANSIT CTR. JACK HATCHELL TRANSIT CTR. NW PLANO PARK & RIDE S. GARLAND TRANSIT CTR. LAKE RAY HUBBARD TRANSIT CTR. CONNECTIVITY | PUBLIC TRANSIT
Source: Dallas Area Rapid Transit
PHOTO: DART
Dallas Streetcar
B l u e Li n e R e d Li n e G r e e n Lin e O ran g e Li n e O ran g e Li n e We e kd ay s Pe a k O n l y Tr i n i t y R ai l w ay E x p r e s s (N o Su nd ay S e r v i ce) T E X R ai l ( Tri n i t y M e t r o) A -Tra i n (D C TA) Tra n s i t Ce nt e r o r Pa r k & R i d e BELL RICHLAND HILLS FORT WORTH CENTRAL STATION FORT WORTH T&P STATION FORT WORTH TRE and TEXRail to Fort Worth Future Services S i l ve r Lin e (2024) DESIGN/CONSTRUCTION UNDERWAY
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 51 CONNECTIVITY | PUBLIC TRANSIT XX M-Line Trolley to CityPlace/ Uptown Station East Transfer Center West Transfer Center Rosa Parks Plaza MAIN ELM PACIFIC GASTON COMMERCE JACKSON WOOD YOUNG CANTON MARILLA WOODALL RODGERSFWY CONTINENTAL W. COMMERCE HOUSTON MARKET LAMAR LAMAR GRIFFIN AKARD ERVAYST.PAUL ERVAYST.PAULHARWOOD MCKINNEY CEDAR SPRINGS HARWOOD OLIVEPEARL FIELD FIELD ROSS FEDERAL LIVEOAK LIVEOAK GOOD LATIMER ROUTH GOOD LATIMER VICTORY CESAR CHAVEZ BLVD. Convention Center Station Victory Station Akard Station St. Paul Station Pearl/Arts District Station Deep Ellum Station West End Station N O RT H EBJ Union Station Future Services Downtown Dallas Silver PLANNING/DESIGN DESIGN/CONSTRUCTION D2 FORT WORTH CENTRAL FORT WORTH T&P FORT TRE and TEXRail Source: Dallas Area Rapid Transit East Transfer Center West Transfer Center West End Akard Victory St. Paul Deep Ellum Kay Bailey Hutchison Convention Center Cedars Union Station TRINITYRIVER TRINITY RIVER B S H O P A V E PO L K S T Z A N G B L V D Z A N G B L V D C E D A R HI LL A V E T Y L E R S T B E C K L E Y A V E MA R S A L S A V E JEF F E R SO N B L V D JEFFERSONBLVD JEFFERSON BLVD DAVIS ST COLORADO BLVD ZANGBLVD 6TH ST 2 M N WALK DALLAS BISHOP ARTS DISTRICT MAP NOT TO SCALE B G C HOUSTONVIADUCT G LEGEND Dallas Streetcar & Stop Trinity Railway Express Commuter Rail and Station DART Light Rail and Station Park STREETCAR KLYDEWARRENPARK POINTS OF INTEREST
West Village
1.
2. Cityplace Tower
3. McKinney Plaza
4. William B. Travis Academy
5. Greenwood Cemetery
6. Uptown Visitors Center 7. Quadrangle
8. Hotel St. Germain
9. Maple Manor Hotel 10. Shops at The Crescent 11. Hotel ZaZa 12. The Ritz-Carlton Hotel 13. American Airlines Center 14. Klyde Warren Park 15. AT&T Performing Arts Center
16. Nasher Sculpture Center 17. Dallas Museum of Art 18. Crow Collection of Asian Art
McKINNEY AVE COLE AVE CARLISLEST OAKLAWNAVE LEMMONAVEECITYPLACEBLVD HALLST BLACKBURNST LEMMONAVEW LEMMONAVE CEDAR SPRINGS RD MAPLEAVE KATYTRAIL OLIVEPEARLST ST ERVAYST AKARD ST GRIFFIN ST ELM ST PACIFIC AVE ROSSAVESANJACINTOST WOODALLRODGERSFWY MAIN ST COMMERCE ST 1 2 3 4 5 6 7 8 9 10 11 12 13 14 16 17 15 18 19 20 21 Source: MATA Dallas Streetcar M-Line Trolley Downtown Dallas 5 GLENN HEIGHTS CONTINENTAL W. COMMERCE LAMAR VICTORY Victory Station West Station EBJ Union Station Downtown Map Legend Blue Line Red Line Green Line Orange Line Orange Line Weekdays Peak Only Trinity Railway Express (No Sunday Service) TEXRail (Trinity Metro) A-Train (DCTA) M-Line Trolley Dallas Streetcar Transit Center or Park & Ride Inset Map 5 GLENN HEIGHTS CONTINENTAL W. COMMERCE LAMAR VICTORY Victory Station West Station EBJ Union Station Downtown Map Legend Blue Line Red Line Green Line Orange Line Orange Line Weekdays Peak Only Trinity Railway Express (No Sunday Service) TEXRail (Trinity Metro) A-Train (DCTA) M-Line Trolley Dallas Streetcar Transit Center or Park & Ride Inset Map 5 Trin y River COCKRELL HILL GLENN HEIGHTS UNT DALLAS CAMP WISDOM EDDIE BERNICE JOHNSON UNION STATION CEDARS CONVENTION CENTER 8TH & CORINTH MORRELL PEARL/ARTS DISTRICT WESTAKARDST.PAUL END ILLINOIS KIEST VA MEDICAL CENTER LEDBETTER DALLAS ZOO TYLER/VERNON HAMPTON VICTORY WESTMORELAND HATCHER LAWNVIEW LAKE JUNE BUCKNER BAYLOR UNIVERSITY MEDICAL CENTER FAIR PARK MLK, JR. RED BIRD TRANSIT CTR. GLENN HEIGHTS PARK & RIDE M-Line Trolley to CityPlace/ Uptown Station East Transfer Center West Transfer Center Rosa Parks Plaza MAIN ELM PACIFIC GASTON COMMERCE JACKSON WOOD YOUNG CANTON MARILLA WOODALL RODGERSFWY CONTINENTAL W. COMMERCE HOUSTON MARKET LAMAR LAMAR GRIFFIN AKARD ERVAYST.PAUL ERVAYST.PAULHARWOOD MCKINNEY CEDAR SPRINGS HARWOOD OLIVEPEARL FIELD FIELD ROSS FEDERAL LIVEOAK LIVEOAK GOOD LATIMER ROUTH GOOD LATIMER VICTORY CESAR CHAVEZ BLVD. Convention Center Station Victory Station Akard Station St Paul Station Pearl/Arts District Station Deep Ellum Station West End Station EBJ Union Station Future Services Downtown Dallas Silver Line (2023) PLANNING/DESIGN UNDERWAY DESIGN/CONSTRUCTION UNDERWAY D2 Subway (Inset Map) Map Legend Blue Line Red Line Green Line Orange Line Orange Line Weekdays Peak Only Trinity Railway Express (No Sunday Service) TEXRail (Trinity Metro) A-Train (DCTA) M-Line Trolley Dallas Streetcar Transit Center or Park & Ride Inset Map BELL RICHLAND HILLS FORT WORTH CENTRAL STATION FORT WORTH T&P STATION FORT WORTH TRE and TEXRail to Fort Worth PLANNING/DESIGN UNDERWAY
19. Fairmont Hotel 20. Dallas World Aquarium
21.
West End
Regional Veloweb
Active transportation is a key consideration for meeting long-term mobility needs in the Dallas-Fort Worth region. The Regional Veloweb is a network of off-street shared-use trails designed for non-recreational trips spanning nearly 2,200 miles and growing every year.
The Veloweb is part of a larger active transportation network totaling more than 8,600 miles that includes community shareduse paths and on-street bikeway networks.
Investment in the Veloweb helps to extend the region’s roadway and passenger rail transit network by creating a regional expressway for active transportation connecting major destinations. One of the most anticipated trails under various stages of engineering, design, and construction will connect downtown Dallas to downtown Fort Worth. Branded as the DFW Discovery Trail, the route will span 66 miles of continuous pathways connecting five cities.
The Veloweb includes plans for connections in 10 counties and 105 cities in the region, according to the North Central Texas Council of Governments.
DFW Discovery Trail
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 52 CONNECTIVITY | REGIONAL
VELOWEB
Existing 49 MIles Funded 12 MIles Planned 3 MIles Existing 538 MIles Funded 131 MIles Planned 1,496 MIles
Cotton Belt
McKinney to Dallas
to Dallas
Southern Dallas County
Existing 21 MIles Funded 22 MIles Planned 12 MIles Existing 58 MIles Funded 3 MIles Planned 15 MIles Existing 38 MIles Funded 8 MIles Planned 7 MIles Existing 10 MIles Funded 4 MIles Planned 11 MIles CONNECTIVITY | REGIONAL VELOWEB 53
Denton
Mobility 2045
Mobility 2045 serves as a fiscally responsible blueprint for the region’s long-term multimodal transportation needs. The plan, adopted by the Regional Transportation Council in 2018 and upated in 2022, provides a range of transportation options to serve Dallas-Fort Worth now and into the future.
As the region grows from more than 7.8 million residents today to an estimated 11.2 million by 2045, it will require an integrated, easily navigable transportation system comprised of roads, public transportation, and bicycle and pedestrian facilities. Local policies and programs to enhance infrastructure investment will result in even more publicly accessible options. Mobility 2045 details transportation choices for the traveling public and for improving the quality of life in order to manage the region’s growth.
Funded Recommendations
Mobility 2045 represents a blueprint for the continued maintenance and development of the regional transportation system over the next 20 plus years. Mobility 2045 complies with all federal requirements related to the financial aspects of the metropolitan transportation plan.
As the Dallas-Fort Worth region continues to grow, additional solutions will be imperative to comprehensively address the ever-increasing transportation needs.
Major Roadway Recommendations
Facility recommendations indicate transportation need. Corridorspecific alignment, design, and operational characteristics will be determined through ongoing project development.
Population Growth Projections - 2005-2045
3,339-5,012
5,013-7,549
7,550-11,316
11,317-16,756
16,757-25,538
25,539-40,607
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 54 CONNECTIVITY | MOBILITY 2045
Recommendations North Central Texas Council of Governments Map 043 -December 2022 New or Additional Freeway Capacity - New or Additional Managed Lane Capacity - New or Additional Toll Road Capacity - Staged Facility (Beyond 2045) - Asset Optimization
@ Major Roadway
0-341 42-1,041 1,042-2,061
Projected 2005-2045 Population Growth
2,062-3,338
Dallas Fort Worth
@ Major Transit Corridor Recommendations
Major Transit Corridor Recommendations
Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.
Employment Growth Projections - 2005-2045
Recommended Rail -fti1ght Rail
- Streetcar Recommended Non-Rail
- High-Intensity Bus
- High-CapacityTransit
Existing Rail
Recommendation Currently Under Construction
Projected 2005-2045
Employment Growth
0-201 202-471 472-816 817-1,250
1,251-1,773
1,174-2,419
2,420-3,360
3,361-4,649
4,650-6,363
6,364-10,513
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 55 CONNECTIVITY | MOBILITY 2045
Central Texas Council of Governments Map 080 -June 2022
North
Source: North Central Texas Council of Governments
Fort Worth Dallas
High-Tech Mobility
The Dallas Region is responsible for some of the world’s most innovative mobility solutions. For instance, autonomous vehicle technologies hold the potential to transform the supply chain industry, and eventually the way people travel. Dallas-Fort Worth is leading this transformation due to the region’s expertise in artificial intelligence, the ability to run experiments in a variety of real world environments, and a robust and collaborative support network. As a result, Dallas-Fort Worth has attracted the most advanced longhaul autonomous trucking companies which contributes to DFW’s status as a hub for solving mobility challenges locally and globally.
AllianceTexas Mobility Innovation Zone
The Mobility Innovation Zone (MIZ) located within the AllianceTexas footprint connects people, places, and ideas in pursuit of a sound and technologically-driven transportation ecosystem.
AllianceTexas is a 27,000-acre master-planned, mixed-use development in North Fort Worth with a long history of firsts, such as the first industrial airport designed for both cargo and corporate aviation traffic, recently renamed as Perot Field Fort Worth Alliance Airport.
With the MIZ, the Alliance development has taken a lead role in mobility innovation in the surface and air transportation industries, primarily for freight movement and product delivery. The MIZ offers mobility companies full access to an extensive commercializing environment for real-world deployments as well as private venues to continue testing new technologies. Companies like Gatik, ConGlobal, Phantom Auto, and Clevon operate out of the MIZ with market-leading advanced mobility innovations. Other companies are in various stages of testing, scaling, and bringing mobility solutions to the market. Commercialization of technologies that promise to deliver regional economic growth, increase safety, reduce congestion, and help drive national freight policy is encouraged at the MIZ.
In addition to Perot Field, on-site assets include one of BNSF’s largest inland intermodal facilities and an extensive and accessible surface transportation network. A master agreement with the Texas A&M Transportation Institute provides a base for conducting research, managing strategic initiatives, and offering a think tank environment to explore mobility opportunities. And the AllianceTexas Flight Test Center is an 80acre demonstration area that is highly networked for simultaneous use cases with partners that include Bell Textron, Alphabet’s Wing, NASA, and the University of North Texas.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 56 CONNECTIVITY | HIGH-TECH MOBILITY
Flight Test Center.
Source: Hillwood
Perot Field Fort Worth Alliance Airport. Source: Hillwood
BNSF intermodal facility. Source: Hillwood
Autonomous trucking testing. Source: Hillwood
Autonomous Vehicles and More
Texas’ less restrictive regulations and the Dallas Region’s business-friendly environment augmented by early and widespread adoption of technologies like 5G and machine learning have set the stage for significant advancements from the autonomous vehicles industry.
n The Dallas Region is an epicenter for self-driving long-haul trucking companies. Kodiak, Waymo, Einride, Embark, Aurora, Gatik, and TuSimple all have significant operations in the area expanding the frontier of autonomous trucking. Kodiak and Waymo have built new facilities in southern Dallas County while TuSimple, Gatik, and Einride are testing autonomous technologies out of AllianceTexas in Fort Worth. DFW partnership announcements in 2022 included: Waymo with J.B. Hunt Transport Services; Aurora with Uber Freight; Gatik with Pitney Bowes, Georgia-Pacific, and KBX; and Kodiak with U.S. Express.
n Clevon, an Estonia-based robot courier company, opened its U.S. headquarters in Fort Worth in September 2022. Clevon’s autonomous delivery vehicle is designed to navigate public roads. From its base at AllianceTexas, the all-electric vehicle made its first North American delivery in December. The technology promises to reduce last-mile labor delivery costs by up to 90 percent.
n Aurora, based in Mountain View, CA, and Pittsburgh, PA, began testing its fleet of self-driving, ride-hailing Toyota robotaxis in 2022, including a ride for Toyota Motor North America’s CEO, Ted Ogawa, from Toyota’s Plano headquarters. Aurora’s selfdriving passenger service is expected to launch commercially in late 2024.
n Wing, a sister company of Google, opened its second remote operations center in Coppell in 2022. The center provides air traffic control for Wing’s deliveries from locations such as Walgreens and easyvet clinics to neighborhoods in Little Elm and Frisco.
DroneUp, a Virginia-based company, also began drone deliveries to Dallas-area communities through its partnership with Walmart in 2022. DroneUp can deliver more than 10,000 eligible Walmart items weighing up to 10 pounds.
And Tel Aviv-based Flytrex began drone deliveries of restaurant items in 2022 to a Dallas-area suburb through its partnership with Brinker International, the parent of Chili’s and Maggiano’s chains.
n Fort Worth-based Bell Helicopter, NASA, and Dallas-based Hillwood are partnering on efforts like ground-based surveillance systems that may accelerate the large-scale deployment of electric vertical take-off and landing vehicles (EVTOLs), or air taxis.
Bell has also been selected as one of two primary suppliers based in North Texas for Virgin Galactic’s next-generation Delta class spaceships. Along with Red Oak’s Qarbon Aerospace, Bell will provide subassemblies for the six-passenger ship that begins production in 2023.
Investing in Tomorrow’s Mobility Technologies Today
The North Texas Center for Mobility Technologies (NTCMT)—a program of the Texas Research Alliance—is dedicated to coordinating expertise among DallasFort Worth research universities to tackle global mobility technology challenges.
Areas of focus include passenger and freight-hauling autonomous vehicles, electric vertical take-off and landing vehicles (EVTOL), drones, LiDAR, radar, machine vision, battery storage, micro mobility solutions, and 5G.
In partnership with the North Central Texas Council of Governments (NCTCOG), the center’s objectives include:
n Providing private sector access to a cutting-edge research and development network;
n Facilitating university-public sector partnerships on transportation-related projects;
n Attracting industry and academic talent to North Texas;
n Enhancing regional university research capabilities;
n Facilitating mobility and transportation internships for workforce development;
n Facilitating communication and collaboration among North Texas universities on mobility-related grant opportunities; and
n Serving as a catalyst for building similar regional university networks.
The NTCMT also solicits mobility solutions project proposals seeking matching funds. For each NTCMT project proposal, there are at least three required participants: a non-university partner (e.g. a business, non-profit, or public agency) that puts up half the cost; a partnering North Texas university, which contributes 25 percent of the project cost; and the NCTCOG, which kicks in the remaining 25 percent. There is no floor on project size, and multiple awards are possible, with a total ceiling of $2 million per year.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 57 CONNECTIVITY | HIGH-TECH MOBILITY
Illustration: Andrey Suslov via iStock
Digital Infrastructure Connecting the World:
Dallas–Fort Worth is situated in a near-perfect geographic region for IT hosting and data center operations. North Texas is in the Central Time Zone, which is effective for companies operating on both coasts. And DFW offers plenty of land for massive data centers along with a temperate climate and lower construction and operations costs than other U.S. markets.
Speed and reliability are important for any IT operation, and high-speed fiber connectivity is widely available in the area. Compared to other peering-point hubs, DFW offers some of the lowest power rates for large industrial users.
The Telecom Corridor
Located 15 miles north of downtown Dallas, the Telecom Corridor encompasses approximately 30 square miles. This includes the city of Richardson, the Texas Instruments campus, and the west side of Waterview Parkway near the University of Texas at Dallas campus.
The Telecom Corridor area is one of the most significant and unique high-tech business
concentrations in the United States. Various telecommunications industries are represented in the area, including:
n Carriers/service providers
n Telecom equipment manufacturers
n Consulting firms
n Wireless communications companies
n Photonics/optics networking firms Companies located here include AT&T, Fujitsu, Cisco Systems, Verizon, Collins Aerospace, and Raytheon Technologies.
Low Occurrence of Natural Disasters
The low probability of a natural disaster in the North Texas region reduces operational risk considerably. The region is geographically dormant, and the likelihood of business disruption resulting from inclement weather remains low.
Availability of Network Providers
More than 100 business broadband providers operate in Dallas, Fort Worth, and throughout the North Texas region. More than half offer fiber service. AT&T, T-Mobile, and Verizon all offer 5G coverage in Dallas. The concentration of access and total bandwidth guarantees low latency and ensures redundancy.
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.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 58 CONNECTIVITY | DIGITAL INFRASTRUCTURE
Bay Area Chicago Atlanta Miami Northern Virginia New York Minneapolis Seattle Los Angeles DallasFort Worth Phoenix
Major U.S. internet peering points
North Texas’ central location is a significant attraction for data centers that service major companies and headquarters across financial services, energy, health care, and other data dependent sectors.
Salt Lake City
Denver
Dallas ranks #8 in global data center market size.
Industrial Power Rates for Major U.S. Data Centers
Data Centers
Data Centers Clusters
Dallas-Fort Worth is home to enterprise, colocation, managed service, and cloud data centers of all types and sizes that can fulfill a company’s computing, storage, and networking needs with maximum uptime and competitive pricing. Below is a sample of data center operators and tenants in DFW:
24 Hour Data
Agility Communications Group
Alcon Data Center
Aligned Data Centers
AllianceRX Walgreens
Alpha Data Center
American Express
Ascent Data Center
AT&T
Atos
Bank of America
Blue Cross Blue Shield
Carrier-1 Data Center
CenturyLink
Charles Schwab
Chewy
Citigroup Data Center
Cogent Communications
Collins Aerospace
Cologix
Concentrix
Consolidated Communications
CoreSpace
CyrusOne
Cyxtera Technologies
Dallas Mavericks DataBank
Digital Realty
Empirical Networks
Entegrity Networks
Enterhost
Epic.io
Equinix Ericsson
Evoque Data Center Solutions
Experian Data Center
Facebook
Flexential
Global IP Networks
GM Financial Google Data Center
HCA
IBM
Intellys Corporation
Internap Network Services
JPMorgan Chase
Meta
NEC
Neutral Tandem
Ntirety
NTREIS
NTT Global Data Centers
Americas
Provision Data Services
QTS
Rackspace Hosting
Skybox Datacenters
Southwest Airlines Spectrum
Stack Infrastructure
State Farm Data Center
Stream Data Centers
Sungard
T5 Data Centers
TD Ameritrade
Texas Instruments
The Atos Data Center
The Blackstone Group
The Infomart
The InterNAP Data Center
TierPoint
TXU Energy
Tyler Technologies
United Commercial Development
University of Texas at Dallas
Univision Network
UT Southwestern
Verizon Wireless
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE CONNECTIVITY | DIGITAL INFRASTRUCTURE
CONNECTIVITY | DIGITAL INFRASTRUCTURE
59 Source: CoStar Source: JLL Data Center Outlook North America Average Power Rate Market (cents/kWh) Atlanta $0.047 Northern Virginia $0.052 Dallas-Fort Worth $0.055 Salt Lake City $0.056 Chicago $0.062 Phoenix $0.062 Houston $0.065 Pacific Northwest $0.067 Austin & San Antonio $0.075 New Jersey $0.102 Northern California $0.128 New York $0.148 Los Angeles $0.150 Boston $0.175
—Cushman & Wakefield, 2023
Allen has it All.
All you’re looking for is in Allen. From class A office space to A rated schools, world-class entertainment parks and recreation – all in the heart of a thriving Metroplex.
Here you can build a business where people are not just surviving but thriving. When it comes to living, working and playing, Allen is all in. Be part of it all.
www.allenedc.com
The Place to Raise Your Business
Talent
Regional Population
Demographics
Migration
Labor Supply
Commuting Patterns
Drive Times
Worker Place of Residence
Skills Development
Higher Education Accolades
Training, Colleges, and Universities
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 61
metamorworks/iStock
Photo:
Regional Population
Dallas–Fort Worth consistently ranks among the nation’s fastest-growing areas, and continuing job growth is a key factor. The population growth has, in turn, fueled real estate development as retailers and service providers expand to meet increasing demand.
Population and job growth have pushed Dallas and Fort Worth to redevelop and re-energize their central business districts, creating mixed-use buildings with residential, office, and retail space in high-end urban environments. While Dallas and Fort Worth represent the largest population centers, six suburbs—Arlington, Plano, Garland, Irving, Frisco, and McKinney—have populations exceeding 200,000. These municipalities offer an abundance of housing options for people to seek out the community that best fits their needs.
Top 25 Cities in DFW by Population
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 62 TALENT | REGIONAL POPULATION
Plano 288,253 Allen 106,874 DeSoto 55,729 Euless 60,500 Irving 254,198 Dallas 1,288,457 Denton 148,146 Burleson 51,618 Rowlett 63,671 Garland 242,035 Mesquite 147,691 Mansfield 74,368 Arlington 392,786 Grapevine 50,872 Wylie 59,394 Richardson 116,382 Fort Worth 935,508 Carrollton 133,251 Lewisville 112,944 Flower Mound 77,243 Grand Prairie 197,347 North Richland Hills 70,209 Little Elm 51,042 Frisco 210,719 McKinney 202,690
Dallas-Fort Worth By the Numbers
The Dallas-Fort Worth population is larger than the combined populations of North Dakota, Wyoming, Hawaii, South Dakota, Montana,
and Alaska.
Ten Largest Metros in the U.S.
County populations of the Dallas-Fort Worth MSA
Components of Population Change: July 1, 2020 to July 1, 2021
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 63 TALENT | REGIONAL POPULATION
Metropolitan Statistical Area Total Population Change Population Change Percentage Natural increase Births Deaths Total International Domestic Dallas-Fort Worth 97,290 1.3% 35,344 93,937 58,593 62,921 8,602 54,319 Phoenix 78,220 1.6% 8,142 53,798 45,656 70,097 3,247 66,850 Houston 69,094 1.0% 37,529 90,385 52,856 31,921 12,495 19,426 Atlanta 42,904 0.7% 17,798 68,252 50,454 25,049 5,691 19,358 Philadelphia -13,382 -0.2% -3,185 64,631 67,816 -10,623 4,140 -14,763 Washington, D.C. -29,280 -0.5% 25,520 72,970 47,450 -54,211 12,600 -66,811 Miami -34,694 -0.6% -2,111 62,222 64,333 -32,541 22,764 -55,305 Chicago -91,671 -1.0% 11,138 100,116 88,978 -102,613 4,284 -106,897 Los Angeles -175,913 -1.3% 24,605 132,063 107,458 -199,539 5,237 -204,776 New York -327,955 -1.6% 38,347 215,362 177,015 -361,774 23,681 -385,455 Vital events Net migration
Metropolitan Statistical Area 2021 population 2020-2021 percent change New York 19,768,458 -1.7% Los Angeles 12,997,353 -1.4% Chicago 9,509,934 -1.0% DallasFort Worth 7,759,615 1.3% Houston 7,206,841 1.0% Washington, DC 6,356,434 -0.5% Philadelphia 6,228,601 -0.2% Atlanta 6,144,050 0.7% Miami 6,091,747 -0.6% Phoenix 4,946,145 1.6% Ellis 202,678 Hunt 103,394 Wise 71,714 Collin 1,109,462 Dallas 2,586,050 Parker 156,764 Denton 941,647 Tarrant 2,126,477 Kaufman 157,768 Johnson 187,280 Rockwall 116,381 Wyoming 578,803 Montana 1,104,271 Maine 1,338,404 Vermont 645,570 Hawaii 1,441,553 Alaska 732,673 + + + + + + North Dakota 774,948 South Dakota 895,376 Maine 1,372,247 Ellis 202,678 Hunt 103,394 Wise 71,714 Collin 1,109,462 Dallas 2,586,050 Parker 156,764 Denton 941,647 Tarrant 2,126,477 Kaufman 157,768 Johnson 187,280 Rockwall 116,381 Wyoming 578,803 Montana 1,104,271 Maine 1,338,404 Vermont 645,570 Hawaii 1,441,553 Alaska 732,673 + + + + + + North Dakota 774,948 South Dakota 895,376 Maine 1,372,247
Vermont, Maine,
Combined Population: 7,545,441 Combined Population: 7,694,138 Sources: US Census Bureau
Demographics
Demographics in the Dallas–Fort Worth region continue to evolve. More than 19 percent of the population is foreign-born, with Hispanics accounting for the largest minority group in the region and state. Additionally, the region’s workforce is well-educated with a mix of recent graduates and workforce veterans. Nearly two-thirds of workers 25 years of age and older have at least some college education, with nearly 40 percent holding a bachelor’s degree or other advanced degree.
In the Dallas-Fort Worth area, more than 1,300,000 residents
11,300,000
were added since the 2010 census.
or more will live in DFW by 2045. were added to the Dallas-Fort Worth region in 2021.
267 people per day
Total Population:
7,759,615
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 64 TALENT | DEMOGRAPHICS
Sources: US Census Bureau, NCTCOG
FOREIGN BORN
RACE/ ETHNICITY
LABOR FORCE
HOUSEHOLD INCOME
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 65 TALENT | DEMOGRAPHICS
0-19 Years 28.0% 20-34 21.3% 35-54 Years 27.4% 55-74 Years 19.0% 75+ Years 4.4% Median Age 35.6
AGE
Foreign-Born Population 19.1% World Region of Birth of Foreign Born Europe 41.0% Asia 30.4% Africa 9.4% Oceania 0.3% Latin America 54.6% North America 1.2%
White 42.8% Black or African American 15.8% Asian 7.6% Other 4.1% Hispanic 29.6%
[Occupations of Persons 16 and Older] Management, business, science, and arts occupations 43.4% Service occupations 13.8% Sales and office occupations 20.8% Natural resources, construction, and maintenance occupations 8.8% Production, transportation, and material moving occupations 13.1%
[Persons 25 and Older] Less than 9th Grade 6.5% 9th to 12th grade, no diploma 6.4% High School Graduate/GED 21.8% Some College/No Degree 19.7% Associate’s Degree 7.3% Bachelor’s Degree 24.7% Graduate/Professional Degree 13.7%
EDUCATION
Average Household Size 2.71 0 - $34,999 20.7% $35,000 - $74,999 28.6% $75,000 - $149,999 30.5% $150,000 + 20.0% Median Household Income $75,975
IstockPhoto
Photos:
Migration Patterns
Domestic migration patterns illustrate worker flow within states and throughout the nation. As can be seen with this map, individuals come to DFW from all parts of the country. The reasons why they relocate range from quality of life to employment prospects to overall business climate.
In-Migration
to DFW
From Other Major Metro Areas: 2017 - 2021
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 66 TALENT | MIGRATION
Seattle San Francisco San Jose San Diego Phoenix San Antonio Los Angeles Riverside Denver 1,000 to 4,999 5,000 to 9,999 10,000 to 19,999 20,000 to 49,999 50,000 and above Durham Washington Philadelphia New York Boston ● Houston-The Woodlands-Sugar Land, TX 81,420 ● Los Angeles-Long Beach-Anaheim, CA 58,570 ● San Antonio-New Braunfels, TX 44,880 ● Austin-Round Rock, TX 43,515 ● Chicago-Naperville-Elgin, IL-IN-WI 34,970 ● New York-Newark-Jersey City, NY-NJ-PA 31,915 ● Phoenix-Mesa-Scottsdale, AZ 25,430 ● Miami-Fort Lauderdale-West Palm Beach, FL 20,495 ● Denver-Aurora-Lakewood, CO 18,920 ● Atlanta-Sandy Springs-Roswell, GA 18,465 ● Washington-Arlington-Alexandria, DC-VA-MD-WV 17,520 ● Seattle-Tacoma-Bellevue, WA 16,575 ● San Francisco-Oakland-Hayward, CA 16,555 ● San Diego-Carlsbad, CA 14,130 ● San Jose-Sunnyvale-Santa Clara, CA 14,040 ● Riverside-San Bernardino-Ontario, CA 11,245 ● Orlando-Kissimmee-Sanford, FL 9,900 ● Boston-Cambridge-Newton, MA-NH 9,720
Geography Geography In-Migration In-Migration
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 67 TALENT | MIGRATION 1,000 to 5,000 to 10,000 to 20,000 to 50,000 and Austin Antonio Houston Miami Atlanta Charlotte Raleigh Orlando Durham Pittsburgh Detroit Chicago Washington Philadelphia New York Boston Tampa Minneapolis ● Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 6,715 ● Detroit-Warren-Dearborn, MI 6,670 ● Charlotte-Concord-Gastonia, NC-SC 6,275 ● Tampa-St. Petersburg-Clearwater, FL 6,105 ● Minneapolis-St. Paul-Bloomington, MN-WI 5,660 ● Pittsburgh, PA 4,125 ● Raleigh, NC 2,910 ● Durham-Chapel Hill, NC 1,885 Geography In-Migration Source: PUMS Data, U.S. Census Bureau
Inbound Migration Maps
The Dallas-Fort Worth region grew faster than any other major U.S. metro between 2017 and 2021. A primary driver fueling that growth has been people moving into the region from domestic metropolitan areas. Newcomers generally comprise 40 percent of the region’s population increase.
DFW’s population surge reflects the growth of Texas. Forbes writes that Texas’ strong job market sustains the state’s vibrant population growth. Since the 2010 census, Texas has added more than 15 percent to its population, nearly two and one-half times California’s growth rate. The U.S. grew by just over six percent during the same period.
Each year Dallas-Fort Worth attracts approximately 90,000 individuals from across the U.S. who possess a bachelor’s degree or higher. Arguably, the only way to lure such a workforce is by offering good jobs that pay well, with excellent corporate cultures, or an environment conducive to starting a business.
About the Maps
The U.S. Census Bureau collects monthly survey data from 3.5 million households regarding commute times, jobs, wages, educational levels, and other information. The resulting Public Use Microdata Samples (PUMS) offer an anonymous snapshot of people living in the United States.
Coupled with Public-Use Microdata Areas (PUMAs)— geographies that have populations of between 100,000 and 400,000 people— researchers can determine migration trends over a given timeframe. Using 2017-2021 PUMS data, the Dallas Regional Chamber was able to determine in-migration patterns, both the place of origin, and equally important, where people are moving once they get to DallasFort Worth.
Total Domestic Migration Into DFW
2017-2021
Relocating From the New York Metro to DFW 2017-2021
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 68 TALENT | MIGRATION
< 9,740 9,740 – 13,190 13,191 – 19,250 19,251 – 24,295 24,296 – 29,470 29,471 – 40,810 40,810 – 54,715 < 10 10 – 110 111 – 265 266 – 640 641 – 1,085 1,086 – 2,040 2,041 – 5,090 Number of People Number of People
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 69 TALENT | MIGRATION < 60 60 – 310 311 – 780 781 – 1,220 1,221 – 1,740 1,741 – 2,820 2,821 – 6,610 < 50 50 – 140 141 – 490 491 – 825 826 – 1,365 1,366 – 2,165 2,166 – 3,745 < 27 27 – 70 71 – 130 131 – 255 256 – 455 456 – 1,125 1,126 – 1,520 < 75 75 – 240 241 – 480 481 – 930 931 – 1,455 1,456 – 2,330 2,331 – 4,940 Number of People Number of People Number of People Number of People Relocating From the Los Angeles Metro to DFW 2017-2021 Relocating From the Bay Area to DFW
Relocating From the Chicago Metro to DFW
Relocating From the Boston Metro to DFW
2017-2021
2017-2021
2017-2021
Labor Supply
Employers in Dallas and Fort Worth draw from a well-educated and skilled workforce throughout the 11-county region. A robust network of interstate highways, state highways, tollways, and public transit options makes it easy for workers to navigate the area, while keeping commute times low for major employment centers in and around the Dallas-Fort Worth central business districts.
The region’s relatively low cost of living allows employers to tap into a strong workforce, no matter where they base their operations. For employees, the wide distribution of jobs means they can select from a variety of communities in which to live and enjoy the lifestyle that best fits their needs—whether the preference is a well-established neighborhood, a new, fast-growing community, or a small town in a rural setting.
Approximately three-quarters of the region’s 7.8 million residents are of working age. From this base, employers can tap into a total civilian labor force of 4.3 million people, a workforce size surpassed only by the much larger Chicago, Los Angeles, and New York metro areas.
Major Employment Centers
37,860
DALLAS NORTH TOLLWAY
LAS COLINAS
42,952
Radar charts explained
The U.S. Census Bureau pairs home/work census blocks to describe geographic patterns related to the workforce. Mapping commuter flows, for example, can help employers determine where potential workers live, as well as how far they might be willing to travel for work. Radar images dynamically communicate several important aspects about worker commute patterns.
Using Dallas Downtown-Uptown as an employment center example, the radar indicates primary and secondary cardinal directions from which a worker travels to a job, and the distance traveled as determined by the color of each pie piece. The size of each pie piece indicates the volume of workers who commute from that direction and distance as indicated by the dashed concentric circles marked in hundreds or thousands of people. For instance, the greatest number of downtown workers live north of Dallas, while the greatest percentage (42 percent) reside between 10 and 24 miles away.
LBJ CORRIDOR
TOTAL JOBS:
150,901
121,551
SOUTHWEST
120,628
92,852
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 70 TALENT | LABOR SUPPLY
N NE E SW W NW SE S 6000 18000 30000 N NE E SW W NW SE S 3500 10500 17500 N NE E SW W NW SE S 2400 7200 12000 N NE E SW W NW SE S 5000 15000 25000 N NE E SW W NW SE S 5000 15000 25000 N NE E SW W NW SE S 3200 9600 16000 N NE E SW W NW SE S 1600 4800 8000 N NE E SW W NW SE S 5000 15000 25000
ALLIANCE LEGACY GREAT
DFW AIRPORT NORTH Distance to Job % of Workers Less than 10 miles 30.9% 10 to 24 miles 41.6% 25 to 50 miles 11.3% Greater than 50 miles 16.3% Distance to Job % of Workers Less than 10 miles 32.4% 10 to 24 miles 39.8% 25 to 50 miles 11.9% Greater than 50 miles 15.9% Distance to Job % of Workers Less than 10 miles 28.0% 10 to 24 miles 40.4% 25 to 50 miles 18.8% Greater than 50 miles 12.8% Distance to Job % of Workers Less than 10 miles 42.7% 10 to 24 miles 33.4% 25 to 50 miles 12.7% Greater than 50 miles 11.3% Distance to Job % of Workers Less than 10 miles 22.7% 10 to 24 miles 49.3% 25 to 50 miles 9.9% Greater than 50 miles 18.1% Distance to Job % of Workers Less than 10 miles 32.6% 10 to 24 miles 41.9% 25 to 50 miles 12.5% Greater than 50 miles 13.1% Distance to Job % of Workers Less than 10 miles 37.0% 10 to 24 miles 35.4% 25 to 50 miles 15.1% Greater than 50 miles 12.5% Distance to Job % of Workers Less than 10 miles 28.5% 10 to 24 miles 46.5% 25 to 50 miles 12.4% Greater than 50 miles 12.6%
DOWNTOWN FORT WORTH
TOTAL JOBS:
TOTAL JOBS:
TOTAL JOBS:
TOTAL JOBS:
TOTAL JOBS:
TOTAL JOBS:
TOTAL JOBS:
Source: U.S. Census Bureau, Center for Economic Studies (data based on 2019 employment estimates)
With Distance and Direction of Worker Commute
87,765
106,403
Where People Live Population Density
163,427
95,841
21,717
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 71 TALENT | LABOR SUPPLY N NE E SW W NW SE S 1000 3000 5000 N NE E SW W NW SE S 3500 10500 17500 N NE E SW W NW SE S 8000 24000 40000 SOUTHERN DALLAS INLAND PORT TELECOM CORRIDOR DALLAS DOWNTOWN-UPTOWN Distance to Job % of Workers Less than 10 miles 32.7% 10 to 24 miles 33.3% 25 to 50 miles 16.9% Greater than 50 miles 17.1% Distance to Job % of Workers Less than 10 miles 38.6% 10 to 24 miles 37.1% 25 to 50 miles 12.7% Greater than 50 miles 11.6% Distance to Job % of Workers Less than 10 miles 30.1% 10 to 24 miles 42.0% 25 to 50 miles 13.7% Greater than 50 miles 14.2%
TOTAL JOBS:
TOTAL
TOTAL
Total Population Per Square 1/4 Mile 180- 467 468- 826 827- 1,221 1,222-1,651 1,652-2,298 2,299-3,446 3,447-9,155
JOBS:
JOBS:
Commuting Patterns
Getting around the Dallas–Fort Worth region is easy, thanks to a well-developed network of interstate freeways, state highways, tollways, and public transit options connecting job centers to fast-growing communities. That’s good news for employers as it allows them to draw from a large base of skilled workers. It’s also good for workers, who can choose from a variety of communities in which to live.
In Dallas and Tarrant counties, the vast majority of workers live and work in the same county. Though these two counties also serve as the region’s biggest magnets for workers, the surrounding counties maintain strong job bases of their own to support the community.
County-to-County Worker Flow
% Live and work in the same county % Travel out of county for work
Source: Lightcast
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 72 TALENT | COMMUTING PATTERNS
3% 29% 8% 35% 12% 15% 8% 8% 22% 38% 40% 36% 7% 12% 15% 42% 7% Dallas 78% Tarrant 67% Ellis 32% Johnson 34% Parker 35% Denton 35% Collin 48% Wise 41%
78%
of all workers living in Dallas County also work there; 8% commute to Tarrant County. Taxicab, Motorcycle, or Other Means 1.3% Worked at Home 20.7% Workers Per Car, Truck, or Van: 1.07 Source: US Census Bureau, American Community Survey 1-Year Estimates
Getting to Work
commute Car, Truck, or Van 76.2%
time: 27.3 minutes Public Transportation (excluding taxicab) 0.6% Walked 1.1% Bicycle 0.1%
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 73 TALENT | COMMUTING PATTERNS Rockwall 25% 48% 46% 20% 11% 7% 6% 13% Kaufman 24% Hunt 40%
Means of Transportation (Workers 16 and Over)
Mean Drove Alone 67.6% Carpooled 8.6% In 2-Person Carpool 6.2% In 3-Person Carpool 1.5% In 4-or-More Person Carpool 0.9%
(1,180,720 people)
Drive Times
It’s common to work in one part of the Dallas-Fort Worth area and live in another. Although more than 20 percent of workers reported working from home in 2021 as a pandemic response, a typical year sees almost 90 percent of people in DFW commuting to work by car, truck, or van. It’s easy thanks to our welldeveloped network of interstate freeways, state highways, and tollways connecting job centers to our fast-growing new communities. The following maps— based on morning rush hour—provide an estimate of how long a commute will take.
HWY 190 and HWY 75
Downtown Dallas
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 74 TALENT | DRIVE TIMES
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 75 TALENT | DRIVE TIMES Downtown Fort Worth Southern Dallas Dallas Fort Worth International Airport Denton HWY 121 & Dallas North Tollway Source: North Central Texas Council of Governments 15 Minutes 30 Minutes 45 Minutes 60 Minutes 75 Minutes 90 Minutes 105 Minutes 120 Minutes Travel Time
Worker Place of Residence by Occupation Group
HQ Executives and Managers
General and operations managers comprise nearly half of all 228,000 professionals in this occupation group in Dallas-Fort Worth. Other executives include C-level occupations, sales managers, and financial managers.
Each dot represents the number of HQ/executive management workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 76 TALENT | WORKER PLACE OF RESIDENCE 0-11 12-34 36-60 61-106 107-216 Legend Number of HQ/Executive Management Workers
Chief Executives 3,889 | $94.19 General and Operations Managers 106,635 | $44.39 Computer and Information Systems Managers 16,680 | $76.45 Financial Managers 19,717 | $73.00 Human Resources Managers 4,550 | $61.08 Legend: Occu pation Jobs | Median hourly earnings
Worker Place of Residence by Occupation Group
Back Office Support
The Dallas-Fort Worth region’s back office support workers are dispersed across North Texas. Back office support, in this context, describes workers who keep the day-to-day functioning of an organization running smoothly. Occupations in this group include general managers to office clerks and HR specialists to administrative assistants. There are more than 690,000 such jobs in the region.
Each dot represents the number of back office support workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Source: Lightcast, QCEW Employees, Non-QCEW Employees, and Self-Employed
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 77 TALENT | WORKER PLACE OF RESIDENCE 0-53 54-157 158-274 275-464 465-852 Legend Number of Back Office
Workers
Support
Human Resources Specialists 21,846 | $31.10 Computer User Support Specialists 27,058 | $23.24 First-Line Supervisors of Office and Admin. Support Workers 49,611 | $29.25 Bookkeeping, Accounting, and Auditing Clerks 43,519 | $22.02 Executive Secretaries and Executive Admin. Assistants 10,558 | $30.55
Worker Place of Residence by Occupation Group Engineering
The lion’s share of individuals in the engineering occupation group are the 65,000-plus professionals who develop apps and software. Other titles (and the number of workers in their field) in this category are as follows: industrial engineers (more than 8,600); mechanical engineers (6,100); and electrical engineers (5,200). More than 157,000 work in this occupation group in Dallas-Fort Worth.
Number of Engineering Workers
Each dot represents the number of engineering workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 78 TALENT | WORKER PLACE OF RESIDENCE 0-10 11-30 31-54 55-92 93-171
Legend
Computer Network Architects 7,004 | $57.85 Aerospace Engineers 3,111 | $49.04 Electrical Engineers 5,104 | $48.57 Industrial Engineers 8,591 | $47.77 Mechanical Engineers 6,043 | $47.83 Legend: Occu pation Jobs | Median hourly earnings
Worker Place of Residence by Occupation Group
IT/Computer
Workers who fall into the IT/Computer occupation group work in every industry in the Dallas-Fort Worth region. More than 180,000 people hold jobs related to keeping the business community’s digital infrastructure running 24/7. In addition to software developers, who comprise the majority of occupations in this group, there are increasing demands for information security analysts, computer systems analysts, and computer and information systems managers.
Number of IT/Computer Workers
Each dot represents the number of IT/computer workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Source: Lightcast, QCEW Employees, Non-QCEW Employees, and Self-Employed
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 79 TALENT | WORKER PLACE OF RESIDENCE 0-13 14-41 42-76 77-135 136-281
Legend
Computer and Information Systems Managers 17,298 | $76.45 Information Security Analysts 5,888 | $49.37 Computer Network Support Specialists 5,780 | $36.94 Software Developers 46,946 | $57.46 Computer Occupations, All Other 8,364 | $46.91
Worker Place of Residence by Occupation Group
Financial Services
It should be no surprise that accountants and auditors comprise a large number of individuals employed in the financial services workforce in Dallas-Fort Worth. More than 40,000 people with those job titles work in DFW. Another 45,000 workers are employed as bookkeeping, accounting, and auditing clerks in the region. Other occupations in this category include bill collectors, tellers, financial managers, and credit counselors. All told, this occupation group employs more than 232,000 professionals in the region.
Each dot represents the number of financial services workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 80 TALENT | WORKER PLACE OF RESIDENCE 0-19 20-58 59-108 109-205 206-449
Legend Number of Financial Services Workers
Financial Managers 19,717 | $73.00 Accountants and Auditors 37,486 | $38.08 Financial and Investment Analysts 11,423 | $38.60 Loan Officers 11,612 | $30.16 Financial Specialists, All Other 4,248 | $29.84 Legend: Occu pation Jobs | Median hourly earnings
Worker Place of Residence by Occupation Group
Health Care
Registered nurses comprise the largest portion of individuals employed in this occupation group in the Dallas-Fort Worth region. More than 65,000 individuals share that occupation, accounting for roughly a sixth of the 448,000 workers in the health care occupations group. Other occupations include medical service managers, therapists, health care technicians, and health support workers.
Each dot represents the number of health care workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Source: Lightcast, QCEW Employees, Non-QCEW Employees, and Self-Employed
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 81 TALENT | WORKER PLACE OF RESIDENCE 0-23 24-69 70-122 123-210 211-392 Legend
of Health Care Workers
Number
Pharmacists 6,672 | $65.46 Physical Therapists 4,421 | $47.97 Registered Nurses 66,704 | $37.79 Physicians, All Other 4,135 | $105.96 Clinical Laboratory Technologists and Technicians 8,070 | $28.62
Worker Place of Residence by Occupation Group
Skilled Manufacturing
Dallas-Fort Worth’s skilled manufacturing workers are employed in a wide variety of industries from auto manufacturing to eyeglass assembly. Occupations in this sector include computer-controlled machine tool operators, inspectors, testers, sorters, and electrical assemblers. More than 73,000 individuals are employed in this sector in DFW.
Each dot represents the number of skilled manufacturing workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 82 TALENT | WORKER PLACE OF RESIDENCE 0-4 5-13 14-23 24-39 40-75 Legend Number of Skilled Manufacturing Workers
Electrical and Electronic Engineering Technologists 2,898 | $29.77 Industrial Engineering Technologists and Technicians 1,440 | $29.46 Machinists 5,548 | $22.65 Welders, Cutters, Solderers, and Brazers 11,666 | $22.75 Computer Numerically Controlled Tool Programmers 456 | $28.13 Legend: Occu pation Jobs | Median hourly earnings
Worker Place of Residence by Occupation Group Assembly & Manufacturing
More than 98,000 workers are employed in the assembly & manufacturing occupation group in Dallas-Fort Worth. Their specialties include first-line supervisors of production and operating workers (16,000 workers have this title). Assemblers, production workers, and helpers also fall under this occupation segment.
Each dot represents the number of assembly and manufacturing workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Source: Lightcast, QCEW Employees, Non-QCEW Employees, and Self-Employed
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 83 TALENT | WORKER PLACE OF RESIDENCE 0-6 7-17 18-29 30-49 50-98 Legend Number of Assembly
Workers
& Manufacturing
First-Line Supervisors of Production and Operating Workers 15,371 | $29.65 Electrical, Electronic, Assemblers, Except Coil Winders, Tapers, and Finishers 6,527 | $17.62 Miscellaneous Assemblers and Fabricators 33,513 | $16.27 Helpers, Production Workers 6,016 | $14.89 Production Workers, All Other 2,986 | $14.53
Worker Place of Residence by Occupation Group
Distribution & Logistics
Nearly 913,000 workers in Dallas-Fort Worth belong to this occupation group, reflecting the region’s central U.S. location and strong logistics connections via air, road, and rail. Clerks, drivers, package handlers, and customer service reps make up the majority of occupations in this group.
Each dot represents the number of distribution and logistics workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 84 TALENT | WORKER PLACE OF RESIDENCE 0-53 54-154 155-262 263-430 431-829 Legend Number of Distribution & Logistics Workers
Transportation, Storage, and Distribution Managers 4,990 | $48.03 Logisticians 5,402 | $35.23 Inspectors, Testers, Sorters, Samplers, and Weighers 15,545 | $18.02 Heavy and TractorTrailer Truck Drivers 74,486 | $23.03 Packers and Packagers, Hand 13,793 | $13.37 Legend: Occu pation Jobs | Median hourly earnings
Worker Place of Residence by Occupation Group
High-Tech
Jobs in the high-tech occupation category vary widely in function and span across all industries. Software developers comprise the largest share of jobs in this group in Dallas-Fort Worth. Other positions include engineers, scientists, technicians, and researchers of all types. Nearly 300,000 workers are employed in this occupation group in the region.
Each dot represents the number of high-tech workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company Lightcast to assign their proprietary ZIP code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Source: Lightcast, QCEW Employees, Non-QCEW Employees, and Self-Employed
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 85 TALENT | WORKER PLACE OF RESIDENCE 0-19 20-60 61-109 110-189 190-380 Legend
Number of High-Tech Workers
Computer Systems Analysts 20,834 | $48.48 Network and Computer Systems Administrators 11,771 | $42.88 Operations Research Analysts 7,448 | $41.04 Computer Hardware Engineers 2,073 | $59.00 Semiconductor Processing Technicians 2,260 | $17.17
A Snapshot of Regional Skills Development
Finding workers who possess the right mix of skills is a growing challenge for companies across industries. In Dallas-Fort Worth, the business community is tackling this problem by establishing apprenticeships and accessing specialized training programs provided through partnerships among private sector interests, federal agencies, community and technical colleges, workforce boards, and local non-profits. Wherever a company locates within the region, they will find many resources to help them fulfill their talent needs.
Skills Development Fund (SDF)
This successful state grant program offers businesses, consortia of businesses, or trade unions an opportunity to identify a training need and then partner with a public community or technical college to create solutions. Businesses work with college partners to develop curricula and conduct training. The local workforce board authorizes the proposal; SDF pays for the training; the college administers the grant; and businesses create new jobs and improve the skills of their current workforce. skills.texasworkforce.org
Workforce Development
Three workforce development boards serve residents and companies across the Dallas-Fort Worth region. Companies can use board services to find, hire, train, and retain skilled workers. Workforce offices work with employers to create customized hiring events, build skills training programs, and provide labor market data. Job seekers can access WorkInTexas.com, the state’s free job board service, as well as apply for child care and transportation services.
Workforce Solutions
Greater Dallas wfsdallas.com
Workforce Solutions for Tarrant County
workforcesolutions.net
Workforce Solutions
North Central Texas dfwjobs.com
Examples:
n In 2022, Dallas College was awarded a $3.5 million SDF grant to train more than 1,500 construction employees. Training focuses on skills necessary to keep pace with an evolving industry. In partnership with 18 construction businesses located in eight local workforce board areas across the state, the grant covers training in areas ranging from pipe layers to construction managers to welders to mapping technicians
n In 2022, Collin College received a $928,000 SDF grant to train 580 workers in highdemand occupations supporting the food manufacturing industry. Six companies will receive customized training in the areas of machine operations, material handling, business software, and quality control, among others.
n In 2019, Children’s Health Care System of Texas, Medical City, Methodist Hospitals of Dallas, and Texas Scottish Rite Hospital partnered with Dallas College to provide health care job training to 1,284 workers with a $927,000 SDF grant. The consortium is working to ensure the region has enough health professionals to meet Dallas-Fort Worth’s growing population.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 86 TALENT | SKILLS DEVELOPMENT
Workforce Solutions for Tarrant County Workforce Solutions North Central Texas Workforce Solutions Greater Dallas Dallas County Tarrant County Collin County Denton County Rockwall County Hunt County Wise County Parker County Johnson County Ellis County Hood County Somervell County Kaufman County Navarro County Palo Pinto County Erath County
Community Colleges
Community colleges in the Dallas-Fort Worth region work with companies of all sizes to customize training programs and curriculum to meet local workforce needs. Dallas College includes seven campuses and a dozen centers throughout Dallas County. Since 1965, Dallas College has served over three million people, and is one of the largest community college systems in the U.S. Tarrant County College (TCC) has six campuses and two training centers. Approximately one in every 23 Tarrant County residents takes a TCC class each year. Collin College attracts 56,000 students annually to its 100-plus degree programs and certificates across 11 campuses. North Central Texas College (NCTC) is the state’s oldest continuously operating two-year college and operates six campuses.
Dallas College led a consortium of educational institutions to secure what school officials call a groundbreaking $8.8 million grant from the U.S. Economic Development Administration in 2022. Funding will be used to train the next generation of the region’s bio and life sciences workforce in three areas: biotechnology, biomanufacturing, and bioinformatics.
In 2021, Google expanded its online career certificate program across the state of Texas. The expansion built on the successful IT support professional certificate program pioneered by Dallas College in 2018. The goal of the program is to prepare students and workers for entry-level roles in information technology support in six months without prior training in areas that include technology support and computer networking.
Collin College graduated the first cohort from its new Technical Campus in 2022. Designed with workforce education as its core function, the campus provides classroom and lab space dedicated to training craftspeople on the latest techniques with the newest industry-standard technology.
Also in 2022, Raytheon Intelligence & Space launched a new Registered Apprenticeship program in partnership with the U.S. Department of Labor and Collin College to allow enrolled students to earn industry credentials, on-the-job work experience, and mentorship.
Tarrant County College (TCC) Corporate Solutions & Economic Development, a division of TCC that provides customized training to businesses across the region, opened a new location at Hillwood’s AllianceTexas in Fort Worth in 2021. The 35,000-square-foot center provides companies, such as Hillwood clients, with training and skills development programs tailored to their employment base.
“TCC works with our customers to support their business initiatives through leadership training, upskilling, and development, but also provides solutions to customers looking to make the move to North Texas,” said Mercedes Bolen, vice president of external affairs at Hillwood.
In 2023, the U.S. Department of Education awarded $4.6 million over five years to TCC to help low income, firstgeneration college students access higher education.
The Texas State Technical College is a statewide system operating 10 campuses. The North Texas location comprises 100,000 square feet of labs and classrooms where students can prepare for opportunities in:
n Computer Aided Drafting & Design Technology
n Computer Networking & Systems Administration
n Cybersecurity
n Diesel Equipment Technology
n Electrical Power & Controls
n HVAC Technology
n Industrial Systems-Electrical Specialization
n Precision Machining Technology
n Welding
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 87 TALENT | SKILLS DEVELOPMENT
Higher Education Accolades
In many ways the Dallas-Fort Worth region is the intellectual capital of Texas. The Dallas Region’s 70-plus accredited universities and colleges provide the intellectual horsepower to drive one of the nation’s most diverse economies. To do so, students, faculty, and other academics engage in a wide range of studies from tackling core curricula to honing nanotechnology. The University of North Texas at Denton, the University of Texas at Dallas, and the University of Texas at Arlington are among Texas’ eight “emerging research” universities in DFW—a greater concentration than any other Texas region. UT Southwestern Medical Center, meanwhile, is among the nation’s best in biology and biochemistry research, resulting in numerous clinical breakthroughs and innovations, as well as four Nobel laureates.
Fastest-growing Doctoral Universities in the U.S.
—Chronicle of Higher Ed (2021)
#2 #6
Top 25 school for advancing social mobility in the U.S.
—U.S. News & World Report (2022)
Top in the World:
UT Southwestern Medical Center is the only academic medical center in the world to serve as home to four Nobel laureates.
#6 in the U.S.:
72 percent of DFW higher ed graduates stay and work in the region; the sixth highest retention rate in the U.S.
#1 in Texas:
DFW has 3 Carnegie R-1 Universities (very high research activity), more than any other Texas metro.
#1 Region in Texas for higher ed enrollment and degree completion:
#4
Computer Science
Undergraduate Degrees
Awarded in the U.S.
—ASEE (2021)
22 percent of all students in Texas are enrolled in a DFW college or university. 24 percent of all degrees completed annually in Texas come from a DFW college or university. That’s more than any other region in the state.
—THECB (2022)
“The area still attracts business and financial services companies, which have reached a critical mass and can draw on a network of necessary support services. Overall growth is buoyed by a well-educated population, a competitive cost structure and the U.S. economy’s strength.”
— Federal Reserve Bank of Dallas study, “At the Heart of Texas”
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 88 TALENT | HIGHER EDUCATION ACCOLADES
“The theoretical nature of higher education often creates natural partnerships with cutting-edge industries. The inverse is true as well. The translation into curriculum of research at the frontiers of science, technology, engineering, math, and management makes higher education institutions ideal partners for problem-solving across all industries.”
Texas Research
ALLIANCE
— Dr. Victor Fishman, Executive Director of the Texas Research Alliance
Top 100 in the Nation:
UNT has 19 programs ranked in the top 100 in the nation, according to U.S. News & World Report (2022)
#3 Best-Run College in the U.S.
— The Princeton Review (2022)
#3 Grad School for Game Design
— The Princeton Review (2022)
“The culture of genuine partnership, collaboration, and openness to new ideas sets DFW apart in the nation.”
— Dallas Regional Chamber Higher Education Review
$67.4 billion: Economic activity in the region comes from graduates of DFW institutions, totaling 15 percent of the total regional economy. — 2019 Perryman Group Study
TWU is the only institution offering a Ph.D. in Physical Therapy in Texas.
#4 Four-year Institution for Veterans — Military Times (2022)
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 89 TALENT | HIGHER EDUCATION ACCOLADES
“We took a problem that we didn’t think was solvable. We figured we might have some fun with this and make these students really frustrated. But … they came back with an answer. ”
— Worlds’ CEO Dave Copps, speaking of the University of Texas at Dallas’ Design Capstone program
Training, Colleges, and Universities
The Dallas–Fort Worth region offers a variety of public and private educational opportunities with robust programming in life sciences, engineering, and the arts. The University of North Texas at Denton, the University of Texas at Dallas, and the University of Texas at Arlington are among Texas’ eight “emerging research” universities. These schools are expanding program capabilities and funding in pursuit of remaining at the top end of research institutions as defined by the Carnegie Classification methodology. UT Southwestern Medical Center is among the nation’s top in biology and biochemistry research, boasting countless clinical breakthroughs and innovations.
Higher Education
Community College Districts
The Texas Workforce Commission provides funding for Continuing Education (CE) courses within the community college system.
A total of 5,351 students enrolled in CE courses in the districts and colleges listed above in Fall 2022.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 90 TCU (TEXAS CHRISTIAN UNIVERSITY) UNIVERSITY OF NORTH TEXAS TEXAS WOMAN S UNIVERSITY AT ARLINGTON RESEARCH INSTITUTE TARRANT COUNTY COLLEGE (SOUTH CAMPUS) SOUTHWESTERN ADVENTIST UNIVERSITY TARRANT COUNTY COLLEGE (NORTHWEST CAMPUS) TARRANT COUNTY COLLEGE (NORTHEAST CAMPUS) TARRANT COLLEGE (NORTHWEST CENTER OF EXCELLENCE FOR AVIATION, TRANSPORTATION AND LOGISTICS) WEATHERFORD COLLEGE HILL COLLEGE (BURLESON) HILL COLLEGE (GLEN ROSE) HILL COLLEGE (JOHNSON COUNTY) WEATHERFORD COLLEGE (EDUCATION CENTER AT GRANBURY) WEATHERFORD COLLEGE (WISE COUNTY) NORTH TEXAS (FLOWER CAMPUS) TEXAS A&M COLLEGE OF LAW UNIVERSITY OF TEXAS AT ARLINGTON - FORT WORTH ARLINGTON BAPTIST UNIVERSITY TARRANT COUNTY COLLEGE (TRINITY RIVER CAMPUS) TERRELL SCHOOL OF TARLETON STATE SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY TARLETON STATE UNIVERSITY-FORT WORTH TEXAS WESLEYAN UNIVERSITY - UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE CENTER - TCU SCHOOL OF MEDICINE UNIVERSITY OF TEXAS 1 2 4 5 10 13 14 TARRANT COUNTY COLLEGE (OPPORTUNITY CENTER) NORTH CENTRAL TEXAS COLLEGE (GAINESVILLE) NORTH TEXAS (DENTON TARLETON STATE UNIVERSITY
TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
A wide array of universities and colleges attracts students from all over the world.
Private University Public University Community College
Institution 2022 Enrollment* Dallas College 58,452 Tarrant County College 40,219 Collin College 33,742 North Central Texas Community College 7,306 Navarro College 6,229 Trinity Valley Community College 5,703 Weatherford College 5,236 DFW Total Community College Students 156,887 *preliminary
Source: Texas Higher Education Coordinating Board
CENTRAL COLLEGE WER MOUND CAMPUS)
DALLAS COLLEGE (COPPELL CENTER)
COLLIN COLLEGE (CELINA CAMPUS)
AUSTIN COLLEGE (SHERMAN)
UNIVERSITY OF NORTH TEXAS AT FRISCO
COLLIN COLLEGE (PUBLIC
COLLIN COLLEGE HIGHER EDUCATION CENTER
- TEXAS A&M UNIVERSITY - COMMERCE
- TEXAS TECH UNIVERSITY
COLLIN COLLEGE (FARMERSVILLE CAMPUS)
UNIVERSITY OF NORTH TEXAS AT FRISCO [HALL PARK]
AMBERTON UNIVERSITY (FRISCO)
ABILENE CHRISTIAN UNIVERSITY DALLAS
DALLAS COLLEGE (BROOKHAVEN CAMPUS)
DALLAS CHRISTIAN COLLEGE DALLAS COLLEGE (CULINARY, PASTRY, HOSPITALITY CENTER)
DALLAS COLLEGE (NORTH LAKE CAMPUS)
UNIVERSITY OF DALLAS
DALLAS COLLEGE (IRVING CENTER)
TARRANT COUNTY COLLEGE (SOUTHEAST CAMPUS)
PARKER UNIVERSITY
COLLIN COLLEGE
COLLIN COLLEGE (TECHNICAL CAMPUS) (ALLEN)
COLLIN COLLEGE [FRISCO CAMPUS] - TEXAS A&M UNIVERSITY - COMMERCE UNIVERSITY OF TEXAS AT DALLAS
COLLIN COLLEGE (PLANO CAMPUS)
COLLIN COLLEGE (COURTYARD CENTER)
TEXAS A&M AGRILIFE CENTER AT DALLAS
UNIVERSITY OF PHOENIXDALLAS CAMPUS ART INSTITUTE OF DALLAS
SMU (SOUTHERN METHODIST UNIVERSITY)
TEXAS TECH HEALTH SCIENCE CENTER
TEXAS WOMAN S UNIVERSITY INSTITUTE OF HEALTH SCIENCES
DALLAS BAPTIST UNIVERSITY
DALLAS COLLEGE (MOUNTAIN VIEW CAMPUS)
UNIVERSITY OF NORTH TEXAS AT DALLAS
DALLAS COLLEGE (CEDAR HILL CENTER)
MIDLOTHIAN HIGHER EDUCATION CENTER - NAVARRO COLLEGE - TARLETON STATE UNIVERSITY
TEXAS A&M UNIVERSITYCOMMERCE [DALLAS]
EVEREST COLLEGE WEST COAST UNIVERSITY UT SOUTHWESTERN MEDICAL CENTER
- TEXAS WOMAN S UNIVERSITY
- UNIVERSITY OF NORTH TEXAS AT FRISCO - UNIVERSITY OF TEXAS AT DALLAS
COLLIN COLLEGE (WYLIE CAMPUS)
DALLAS COLLEGE (RICHLAND CAMPUS) DALLAS COLLEGE (EASTFIELD CAMPUS)
TEXAS A&M UNIVERSITYCOMMERCE MESQUITE METROPLEX CENTER
- DALLAS COLLEGE -UNT DALLAS (LANCASTER INNOVATION CENTER)
COLLIN COLLEGE (MCKINNEY CAMPUS) DALLAS COLLEGE (PLEASANT GROVE CENTER)
PAUL QUINN COLLEGE
DALAS COLLEGE (CEDAR VALLEY CAMPUS)
DALLAS COLLEGE (GARLAND CENTER)
COLLIN COLLEGE (ROCKWALL CENTER)
TEXAS A&M UNIVERSITYCOMMERCE UD
AMBERTON UNIVERSITY (GARLAND)
DALLAS THEOLOGICAL SEMINARY CRISWELL COLLEGE TEXAS A&M COLLEGE OF DENTISTRY UNIVERSITY OF NORTH TEXAS AT DALLAS COLLEGE OF LAW
UNIVERSITY OF TEXAS MCCOMBS MBA AT DALLAS
DALLAS COLLEGE (BILL J. PRIEST CENTER)
DALLAS COLLEGE (WEST DALLAS CENTER)
DALLAS COLLEGE (HEALTH SCIENCE & DENTAL HYGIENE CENTERS)
DALLAS COLLEGE (DOWNTOWN DESIGN CENTER)
SOUTHWESTERN CHRISTIAN COLLEGE
TRINITY VALLEY COMMUNITY COLLEGE (TERRELL)
Major Universities
TRINITY VALLEY COMMUNITY COLLEGE HEALTH SCIENCE CENTER
TEXAS STATE TECHNICAL COLLEGE (RED OAK)
SOUTHWESTERN ASSEMBLIES OF GOD
NAVARRO COLLEGE - TEXAS A&M UNIVERSITY - COMMERCE (CORSICANA)
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 91 TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
UNIVERSITY
AT
OF TEXAS
ARLINGTON
9
UNIVERSITY
AT DALLAS CENTER FOR BRAINHEALTH MIDWESTERN STATE UNIVERSITY - FLOWER MOUND 3 6 12 8 7 9 11 15
OF TEXAS
CENTRAL COLLEGE (GAINESVILLE) NORTH
SAFETY TRAINING CENTER)
CENTRAL TEXAS COLLEGE (DENTON CAMPUS)
UNIVERSITY OF NORTH TEXAS AT UNIVERSITIES CENTER AT DALLAS UNIVERSITY OF TEXAS AT DALLAS - CENTIQ DALLAS COLLEGE (EL CENTRO CAMPUS)
NORTH CENTRAL TEXAS COLLEGE (CORINTH CAMPUS)
NAVARRO COLLEGE (WAXAHACHIE
CAMPUS)
University 2022 Enrollment* 1 University of North Texas (UNT) 44,419 2 The University of Texas at Arlington (UTA) 40,990 3 The University of Texas at Dallas (UTD) 31,530 4 Texas Woman’s University (TWU) 15,443 5 Texas Christian University (TCU) 12,212 6 Southern Methodist University (SMU) 12,053 7 Texas A&M University-Commerce 11,401 8 Dallas Baptist University (DBU) 4,348 9 University of North Texas at Dallas 3,701 10 Texas Wesleyan University 2,653 11 UT Southwestern 2,358 12 University of Dallas (UD) 2,328 13 University of North Texas Health Science Center 2,296 14 Texas A&M University School of Law 473 15 University of North Texas at Dallas College of Law 378 *preliminary Source: Texas Higher Education Coordinating Board
DFW Higher Education Institutions
Other Higher Learning Institutions in the Region
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 92 TALENT | TRAINING, COLLEGES, AND UNIVERSITIES Institution 2022 Enrollment Associate's Bachelor's Master's Certificates Post-Bachelor's or Master's Doctorate Amberton University 907 56 259 Austin College 1,185 321 17 Collin College 33,742 4,408 26 Criswell College 163 25 9 Dallas Baptist University 4,348 32 625 454 14 49 Dallas College 58,452 9,894 Navarro College 6,229 958 North Central Texas College 7,306 981 Parker University 1,965 83 41 86 233 Paul Quinn College 930 91 Southern Methodist University 12,053 2,105 1,731 71 351 Southwestern Adventist University 809 131 6 Southwestern Assemblies of God University 1,794 219 280 94 5 Southwestern Christian College 112 17 1 Tarrant County College 40,219 6,226 Texas A&M University School of Law 473 172 Texas A&M University-Commerce 11,401 2,108 1,323 15 73 Texas Christian University 12,212 2,396 493 27 132 Texas State Technical College, North Texas Campus 403 Texas Wesleyan University 2,653 322 245 56 Texas Woman's University 15,443 2,404 1,547 157 202 Trinity Valley Community College 5,703 1,035 University of Dallas 2,328 339 331 66 9 University of North Texas 44,419 8,156 2,150 224 269 University of North Texas at Dallas 3,701 794 173 102 University of North Texas at Dallas College of Law 378 109 University of North Texas Health Science Center at Fort Worth 2,296 436 23 361 University of Texas at Arlington 40,990 8,852 4,902 261 276 University of Texas at Dallas 31,530 4,825 3,103 275 257 University of Texas Southwestern Medical Center at Dallas 2,358 111 207 310 Weatherford College 5,236 658 West Coast University* 1,329 280 102 2
Total Enrollment
Institutions
(2022, preliminary) and Degrees Awarded (2020-2021) for Select
Arlington Baptist University Aviation Institute of Maintenance Chicago School of Professional Psychology Concorde Career College Criswell College Dallas Institute of Funeral Service Dallas Theological Seminary DeVry University KD Conservatory College of Film and Dramatic Arts MediaTech Institute PCI Health Training Center Peloton College Remington College Source: Texas Higher Education Coordinating Board; Lightcast and National Center for Education Statistics School for Allied Health Professionals The Art Institute Dallas United States National Tennis Academy Universal Technical Institute University of Phoenix Wade College *2021 enrollment figures
Talent Pipeline
Dallas-area employers are able to recruit easily from hundreds of schools within Texas and adjacent states, offering a highly educated pipeline of talent.
326,149
Number of degrees (Bachelor’s, Master’s, and PhDs) and certificates (PostBachelor’s and Master’s) awarded in 2021 from educational institutions within Texas and adjacent states.
55,189
Number of Bachelor’s, Master’s, and PhD degrees awarded in 2021 from Dallas-area colleges and universities.
Degrees Awarded (2021) in Dallas-Fort Worth by Area of Study
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 93 TALENT | TRAINING, COLLEGES, AND UNIVERSITIES Area of Study Associate Bachelor’s Master’s Certificates PostBachelor’s or Master’s Doctorate Agricultural/Animal/Plant/Veterinary Science and Related Fields 115 89 27 Architecture and Related Services 90 62 7 Area, Ethnic, Cultural, Gender, and Group Studies 30 9 2 4 Biological and Biomedical Sciences 33 2,146 507 228 104 Business, Management, Marketing, and Related Support Services 1,540 6,472 4,985 190 59 Communication, Journalism, and Related Programs 66 1,503 112 9 Communications Technologies/Technicians and Support Services 163 1 53 49 Computer and Information Sciences and Support Services 687 2,051 1,807 143 63 Construction Trades 5 Culinary, Entertainment, and Personal Services 172 16 Education 713 545 2,150 33 245 Engineering 43 1,889 1,060 55 211 Engineering/Engineering-related Technologies/Technicians 247 94 99 2 1 English Language and Literature/Letters 1 424 52 8 35 Family and Consumer Sciences/Human Sciences 44 229 89 14 Foreign Languages, Literatures, and Linguistics 38 336 56 16 8 Health Professions and Related Programs 2,154 5,791 2,840 219 1,183 History - 418 60 7 12 Homeland Security, Law Enforcement, Firefighting and Related Protective Services 396 829 83 1 Legal Professions and Studies 150 33 39 - 324 Liberal Arts and Sciences, General Studies and Humanities 17,768 1,419 115 4 22 Library Science 7 544 171 Mathematics and Statistics 424 395 25 50 Mechanic and Repair Technologies/Technicians 656 Multi/Interdisciplinary Studies 4 2,223 219 1 3 Natural Resources and Conservation 56 18 3 Parks, Recreation, Leisure, Fitness, and Kinesiology 16 927 169 9 Philosophy and Religious Studies 63 110 26 15 Physical Sciences 1 272 80 82 Precision Production 46 Psychology 34 1,802 324 34 85 Public Administration and Social Service Professions 34 655 953 87 40 Social Sciences 16 1,482 185 16 43 Theology and Religious Vocations 78 281 657 9 65 Transportation and Materials Moving 12 21 Visual and Performing Arts 295 1,809 313 36 55 Grand Total 25,597 34,467 18,088 1,352 2,735
STEM Certificates/Degrees Awarded (2021) in DFW by Classification
Texas Research Alliance: Building Collaborations Between Companies and Universities
Research
Personalized service helps cut costs, reduce time to market, and connect companies with the resources and expertise of the Dallas-Fort Worth innovation ecosystem.
CONNECT
n The TRA works with companies to understand their research and innovation needs and bring its network of university faculty, high-growth companies, and startups to help solve challenges.
n The TRA enables access to industry collaborations.
n The TRA engages companies into a large network of expertise in areas such as: AI/ML, defense innovation, robotics, edge computing, sensors, SBIR, STTR, IoT, and more.
ABOUT
n 501(c)(3) non-profit organization
n Founded by four of the largest chambers of commerce in DallasFort Worth
n Aligned with the premier research universities and colleges across Dallas-Fort Worth
n Engaged to ensure that Dallas-Fort Worth industries, non-profits, municipalities, and public agencies can access and leverage regional research and innovation resources
n No charge for TRA support, and collaborations can work under non-disclosure agreements
Consider a Capstone Partnership
Capstone projects are an ideal way to solve engineering and development problems that you just don’t have the human resources to get to, while at the same time working with teams of students that may one day be your team leaders or even the CEO of your company. By partnering with external sponsors, students not only work on real world projects, but also gain valuable team-building experience in a results-oriented environment. www.tradfw.org
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 94 TALENT | TRAINING, COLLEGES, AND UNIVERSITIES Aerospace, Aeronautical and Astronautical Engineering 86 Applied Mathematics 241 Architectural Engineering 27 Astronomy and Astrophysics 2 Biochemistry, Biophysics and Molecular Biology 467 Biology, General 1,958 Biomathematics, Bioinformatics, and Computational Biology 22 Biomedical/Medical Engineering 340 Biotechnology 12 Cell/Cellular Biology and Anatomical Sciences 60 Chemistry 191 Civil Engineering 244 Computer and Information Sciences, General 2,599 Computer Engineering 418 Computer Programming 68 Computer Science 380 Computer Software and Media Applications 60 Computer Systems Analysis 73 Computer Systems Networking and Telecommunications 123 Computer/Information Technology Administration and Management 245 Construction Engineering 147 Data Processing 61 Ecology, Evolution, Systematics, and Population Biology 66 Electrical, Electronics and Communications Engineering 630 Engineering, General 88 Engineering, Other 10 Environmental/Environmental Health Engineering 13 Genetics 4 Geological and Earth Sciences/Geosciences 69 Industrial Engineering 140 Information Science/Studies 1,142 Manufacturing Engineering 57 Materials Engineering 83 Mathematics 433 Mechanical Engineering 826 Microbiological Sciences and Immunology 49 Neurobiology and Neurosciences 347 Operations Research 43 Physics 173 Physiology, Pathology and Related Sciences 33 Statistics 220 Systems Engineering 106 Total 12,356
ALLIANCE Texas
Source: Lightcast and National Center for Education Statistics
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 95
Have an
ideal location?
“YES” Anna says
An up-and-coming city with a booming population, Anna offers 61 square miles with a wealth of available sites for development, a prime location at the intersection of five major highways between Dallas and Sherman’s rising tech hub in Grayson County. Combine these with an educated workforce, diverse housing in established and flourishing neighborhoods, and stellar schools, and you’ll see why Anna is worth investing in.
To learn more about how Anna can help you realize your vision, visit opportunityannatx.com/annasaysyes or contact Joey Grisham, Director of Economic Development at 214-831-5394.
Industry Diversity Advanced Services Manufacturing Financial Activities High-Tech Health Care Life Science Aviation and Aerospace Hospitality Logistics Industry 2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 97
Photo: Merriman Anderson Architects
Peterbilt Motors Co., Denton
Industry Diversity
Industrial diversity is an index used to gauge the extent to which an area’s economy resembles the national economy, and is useful in determining how closely the nation’s economic performance will be mirrored across regions. The diversity index for a given year is calculated using employment data at the four-digit NAICS level of industrial detail. A diversity index of 1.0, the highest possible value, indicates that an area’s industrial structure—its distribution of employment across industries—is exactly the same as that of the nation. The lower the index, the less the region approximates the industrial structure of the nation. The index assumes that it is impossible for a regional economy to be more diverse than the national economy. A state or metropolitan area with a high diversity index is more likely to weather an economic downturn than those dependent on a single industry.
Moody’s Industrial Diversity Index
Texas Metro Comparisons: 2022 Employment by Supersector
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 98 INDUSTRY | INDUSTRY DIVERSITY 1.0 .9 .8 .7 .6 .5 .4 .3 .2 .1 0 .83 .82 .82 .81 .80 .74 .75 .70 .69 .66 .49 .38 ChicagoDallas-FortWorth Atlanta PhiladelphiaPhoenixNewYork Miami BostonLosAngeles SanFranciscoHoustonWashington,DC United States Diversity Index = 1.0
Dallas* Fort Worth* Austin Houston Dallas* Fort Worth* Austin Houston Dallas* Fort Worth* Austin Houston Dallas* Fort Worth* Austin Houston 7% 6% 5% 4% 3% 2% 1% -1% -2% -3% 7% 6% 5% 4% 3% 2% 1% -1% -2% -3% Professional and Business Services Financial Activities Information Mining, Logging, and Construction
U.S. Employment * Metropolitan division. All others are metropolitan statistical areas.
Variance from Percent of U.S. Employment
Source: Bureau of Labor Statistics
Information
Location
Quotient:
An industry concentration measure, location quotient (LQ) = industry share of local employment/industry share of national employment (e.g., an LQ of 1.15 means the location is 15 percent more reliant on that industry’s employment than is the nation as a whole).
As one of the most diverse regional economies in the nation, Dallas-Fort Worth excels in many important industry sectors. DFW has ranked among the top five regions in 10 of the 12 industries evaluated by Site Selection Magazine (including a first-place ranking in Aerospace).
HealthServices
Services
% % Employment Location Quotient Establishments Legend Source: Lightcast, Bureau of Labor Statistics
99 2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE INDUSTRY | INDUSTRY DIVERSITY 1.47 19.7% 1.39 28.1% .77 12.2% 1.59 6.7% 6.4% 1.08 7.9% 1.02 9.2% 9.2% 1.12 6.5% 7.3% 0.90 6.9% 3.5% 1.021.9% 1.8% .8% 1.12 0.5 % 0.77 12.7 % 2.3% PublicAdministration(IncludingEducation) Trade,
Utilities Professional and Business Services
Transportation,and
FinancialActivities Other
Construction Manufacturing
Natural Resources and Mining 19.2%
LeisureandHospitality
20.8% 10.1% 5.5 %
Industry Sectors
Logistics and trade, technology, and advanced and other professional services represent the lifeblood of the economy, offering competitive advantages on both the national and the international levels. The DFW area is also a proven location for headquarters to thrive, making the region a magnet for business leadership.
Advanced Services
Advanced services have traditionally referred to headquarters. However, this category also includes financial, professional, and technical services— from management consulting firms to business insurers and from accounting to legal services.
Complex technologies and transactional operations throughout Dallas-Fort Worth are pushing most advanced services activities into highly specialized firms and enterprises. DFW has many of these operations and will likely continue to attract additional companies.
Management, Control, and Support Functions of Corporate Activities
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 100
Occu pation Jobs | Median hourly earnings Number of Advanced Services Businesses 1 100 1010 Number of Advanced Services Businesses 1 60 760 Financial Managers 19,717 | $73.00 Management Analysts 24,665 | $47.26 Market Research Analysts and Marketing Specialists 18,568 | $32.25 Project Management Specialists 29,732 | $45.75 INDUSTRY | ADVANCED SERVICES
Legend:
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 101 INDUSTRY | ADVANCED SERVICES Industry Establishments Avg. Employment Telecommunications 927 33,426 Data Processing, Hosting, and Related Services 654 14,467 Finance and Insurance 13,017 281,711 Real Estate and Rental and Leasing 11,324 101,367 Professional, Scientific, and Technical Services 32,108 334,821 Total 58,031 765,791 Accountants and Auditors 37,486 | $38.08 Financial and Investment Analysts 11,423 | $38.60 Computer Systems Analysts 20,834 | $48.48 Network and Computer Systems Administrators 11,771 | $42.88 Computer Programmers 5,311 | $38.70 Software Developers 46,946 | $57.46 Source: Lightcast, Bureau of Labor Statistics
Manufacturing
The Dallas-Fort Worth region is often associated with major headquarters, logistics, distribution, and supply chain operations. But people might not realize that the manufacturing industry makes up 7.0 percent of the regional economy by employment.
DFW has more manufacturing activity than any other metro area in Texas. The size and scope of operations create a diverse manufacturing landscape across many sectors. Goods produced in DFW range from boots and clothing to bricks, steel, plastics, SUVs, and aerospace components.
Just a few of the large manufacturing operations in DFW include the General Motors Assembly Plant in Arlington, Lockheed Martin in Fort Worth, and Texas Instruments in Dallas.
Share of Statewide Manufacturing Employment by
A Cornerstone of Our Economy
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 102 INDUSTRY | MANUFACTURING
9 5 3 2 1 41 37 36 31 30 29 25 23 21 14 13 10 24
Industry Establishments Avg. Employment Manufacturing 7,089 290,589 Legend: Occu pation Jobs | Median hourly earnings Industrial Production Managers 4,707 | $50.45 Industrial Engineers 8,591 | $47.77 Mechanical Engineers 6,043 | $47.83 Industrial Machinery Mechanics 9,382 | $25.50
Dallas-Fort Worth has more manufacturing activity than any other metropolitan area in Texas.
Rest of Texas 30.5% Dallas 31.8% San Antonio 5.8% Houston 24.6% Austin 7.4%
Metro
Major Manufacturing Operations in Dallas-Fort Worth
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 103 INDUSTRY | MANUFACTURING 8 7 6 4 42 40 39 38 35 34 33 28 27 26 22 20 19 18 17 16 12 11 32 15 Number of Manufacturing Businesses 1 15 61 Number of Advanced Services Businesses 1 60 760 First-Line Supervisors of Production and Operating Workers 15,371 | $29.65 Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders and Tapers 6,527 | $17.62 Miscellaneous Assemblers and Fabricators 33,513 | $16.27 Helpers, Production Workers 6,016 | $14.89 Production Workers, All Other 2,986 | $14.53 Source: Lightcast, Bureau of Labor Statistics
1 Airbus Helicopter 2 Alcon Laboratories 3 American Leather 4 Arcosa 5 Bell Helicopter 6 Coca-Cola Southwest Beverages 7 Dal-Tile Corporation 8 Diodes Inc 9 ESAB 10 Farmer Brothers 11 Frito-Lay 12 Fujitsu Network Communications 13 GE Manufacturing Solutions 14 General Motors 15 Huawei Device USA 16 Interceramic 17 Keurig Dr Pepper 18 L3Harris 19 L3Harris ComCept 20 L3Harris Technologies, Inc.Mustang Technology 21 Labinal 22 Lennox International 23 Lockheed Martin Aeronautics 24 Lockheed Martin Missiles & Fire Control 25 Louis Vitton 26 Madix 27 Mary Kay 28 Maxim Integrated Products 29 Miller Coors 30 Peterbilt Motors 31 Poly-America 32 Qorvo 33 Raytheon Consolidated Manufacturing Center 34 Raytheon EO Innovations 35 Raytheon Space and Airborne Systems 36 Safran 37 Samsung Electronics America 38 Smith & Nephew 39 Solar Turbines 40 Texas Instruments 41 Triumph Aerostructures 42 TXI
Financial Activities
The Dallas-Fort Worth region is a key U.S. financial center. DFW is home to Comerica’s corporate headquarters, and Bank of America and Fidelity Investments maintain major operations and call centers here.
JPMorgan Chase, Citigroup, and Wells Fargo are among the top employers in the region. Capital One operates an innovation center that is helping to drive advances in fintech. In 2021, Charles Schwab relocated its headquarters to DFW after acquiring TD Ameritrade, which also has a sizable campus in the region. And in 2022, Goldman Sachs broke ground on a new HQ office development in downtown Dallas that will house 5,000 employees.
The Federal Reserve Bank of Dallas serves the 11th Federal Reserve District comprising Texas, northern Louisiana, and southern New Mexico. The Federal Deposit Insurance Corporation operates a regional office here, as well.
Financial firms are located throughout the DFW region, with the largest concentration centered in downtown Dallas and its northern suburbs of Addison, Irving, and Plano. Downtown Fort Worth also has many financial companies.
When it comes to insurance, the Dallas-Fort Worth area is home to national or regional headquarters for most major providers, including State Farm and Liberty Mutual.
The DFW Region Is a Key U.S. Financial Center
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 104 9 8 7 6 5 4 3 2 57 56 54 52 50 48 47 46 44 43 37 36 32 30 26 20 13 1 55 49 42 41 39 38 35 34 33 31 29 28 27 25 24 23 22 21 19 18 17 16 15 14 12 11 10 INDUSTRY | FINANCIAL ACTIVITIES
Legend: Occu pation Jobs | Median hourly earnings Number of Financial Industry Businesses 1 45 175 Number of Advanced Services Businesses 1 60 760 Financial Managers 19,717 | $73.00 Accountants and Auditors 37,486 | $38.08 Credit Analysts 2,899 | $37.93 Financial and Investment Analysts 11,423 | $38.60
Finance and Insurance Companies in Dallas-Fort Worth
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 105 53 51 45 40 INDUSTRY | FINANCIAL ACTIVITIES Personal Financial Advisors 11,965 | $40.12 Loan Officers 11,612 | $30.16 Insurance Sales Agents 25,703 | $24.75 Securities, Commodities, and Financial Services Sales Agents 16,788 | $31.00 Insurance Claims and Policy Processing Clerks 8,931 | $22.31 Source: Lightcast, Bureau of Labor Statistics ● Finance 1 Alkami Technology 2 Amegy Bank 3 Bank of America 4 Bank of Texas 5 Bread Financial 6 Broadridge Financial Solutions 7 Capital One Auto Finance 8 Charles Schwab 9 Citi 10 Comerica Bank 11 Fannie Mae 12 Federal Reserve Bank of Dallas 13 Fidelity Investments 14 Frost Bank 15 GM Financial 16 Goldman Sachs 17 Heartland Payment Systems 18 Hilltop Securities 19 JPMorgan Chase 20 Mercedes-Benz Financial Services USA 21 Merrill Lynch 22 MoneyGram International 23 Mr. Cooper 24 Options Clearing Corp 25 ORIX USA Corp 26 PlainsCapital Bank 27 PNC Financial Services 28 Regions Bank 29 Santander Consumer USA 30 TD Ameritrade 31 Texas Capital Bank 32 Toyota Industries Commercial Finance 33 Truist Bank 34 Veritex Holdings 35 Wells Fargo Bank ● Insurance 36 AAA Texas 37 Allstate 38 Aon 39 BenefitMall 40 Blue Cross & Blue Shield of Texas 41 Chubb Group of Insurance Companies 42 FDIC 43 FM Global 44 GAINSCO 45 Geico 46 Globe Life 47 Hallmark Financial Services 48 HUB International 49 Liberty Mutual Insurance 50 New York Life Insurance 51 State Farm Insurance 52 TIAA 53 Travelers 54 UnitedHealthcare of Texas 55 USAA 56 USHEALTH Group 57 Zurich
Industry Establishments Avg. Employment Monetary Authorities-Central Bank 23 1,227 Credit Intermediation and Related Activities 4,040 124,011 Securities, Commodity Contracts, and Other Financial Investments and Related Activities 3,679 43,539 Insurance Carriers and Related Activities 5,121 112,074 Funds, Trusts, and Other Financial Vehicles 155 860 Total 13,017 281,711
High-Tech
In 1958, Dallas led the nation into the new era of information and communication technologies with Nobel Laureate Jack Kilby’s invention of the microchip at Texas Instruments. This invention spurred the development of technologies ranging from laptop computers to smartphones to those that make space travel possible.
The DFW technology industry encompasses four general categories: manufacturing, information services, professional and technical services, and bio-life science. The region’s activity in emerging technologies such as next generation wireless and broadband communications, artificial intelligence, and virtual reality, as well as medical, bio, and life sciences, is gaining national recognition.
The 5th Largest Concentration of High-Tech Jobs in the U.S.
The Information Age Was Born in DFW
Top Companies with Operations in Dallas-Fort Worth
Gearbox Entertainment
HCL Technologies
Hitachi Consulting
IBM
Infosys
Intuit
McAfee
Microsoft
NTT Data
Oracle
RealPage
Salesforce
Solera
Splunk
Toyota Connected
Trend Micro
Tyler Technologies
Wipro
ZIX Corp
Cloud Services and Data Centers
ADP
Amazon
AT&T
Atos
Mahindra
Verizon Communications
Electronic Instrument Manufacturing
BAE Systems
Collins Aerospace
Elbit Systems of America
Fossil Group
Honeywell
L3Harris Technologies
Leonardo DRS Technologies
Lockheed Martin
Megger Group
Raytheon
Sanmina
Schneider Electric Siemens
Computer Systems and Software Development
Accenture
Alkami Technology
Atos
Cognizant
Deloitte
DXC Technology
EY
CyrusOne
Cyxtera
DataBank
Digital Realty Trust
Equinix
Evoque
Facebook
Google
HP Enterprise Services
IBM
NTT Global Data Centers
Rackspace Technology
StackPath
Tierpoint
Online Services and Shopping
Amazon Chewy.com
Cost Plus Drugs
Facebook Hotels.com
Match Group
Sabre
Thryv
Travelocity
Woot.com
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 106 INDUSTRY | HIGH-TECH
2022 High-Tech Employment New York-NewarkJersey City, NY-NJ-PA 512,386 WashingtonArlington-Alexandria, DC-VA-MD-WV 382,262 Los Angeles-Long Beach-Anaheim, CA 382,015 San FranciscoOakland-Berkeley, CA 293,315 Dallas-Fort WorthArlington, TX 278,057 Boston-CambridgeNewton, MA-NH 269,920 Seattle-TacomaBellevue, WA 261,133 Chicago-NapervilleElgin, IL-IN-WI 242,615 San Jose-SunnyvaleSanta Clara, CA 236,152 HoustonThe Woodlands -Sugar Land, TX 207,329 Computer Systems Analysts 20,834 | $48.48 Computer Network Support Specialists 5,780 | $36.94 Computer Network Architects 7,004 | $57.85 Software Developers 46,946 | $57.46 Semiconductor Design and Manufacturing Analog Devices Diodes Globitech Micron Technology Mouser Electronics Qorvo STMicroelectronics Texas Instruments Telecommunications Equipment and Services AT&T BT Americas Cisco Systems Ericsson Frontier Communications Fujitsu Network Communications Huawei Technologies L3 Aerospace Systems Mavenir Metro by T-Mobile Motorola Solutions NEC Corporation Nokia Solutions and Networks Ribbon Communications Samsung Electronics America Tech
Legend: Occu pation Jobs | Median hourly earnings
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 107 INDUSTRY | HIGH-TECH High-Tech Manufacturing Information Services Professional & Technical Services Aerospace Engineers 3,111 | $49.04 Computer Hardware Engineers 2,073 | $59.00 Electrical Engineers 5,104 | $48.57 Mechanical Engineers 6,043 | $47.83 Industrial Engineering Technologists and Technicians 1,440 | $29.46 Semiconductor Processing Technicians 2,260 | $17.17 Source: Lightcast, Bureau of Labor Statistics Industry Basic Chemical Manufacturing 64 2,196 Pharmaceutical and Medicine Manufacturing 77 5,012 Medical Equipment and Supplies Manufacturing 252 6,264 Scientific Research and Development Services 467 6,753 Subtotal 860 20,225 Industry Semiconductor Machinery Manufacturing 10 288 Optical Instrument and Lens Manufacturing 11 185 Computer and Electronic Product Manufacturing 545 44,199 Aerospace Product and Parts Manufacturing 120 31,583 Subtotal 686 76,255 Avg. Employment Avg. Employment Establishments Establishments Establishments Establishments
Medical Technology Industry Software Publishers 677 12,645 Telecommunications 927 33,426 Data Processing, Hosting, and Related Services 654 14,467 Internet Publishing and Broadcasting and Web Search Portals 268 3,922 Subtotal 2,526 64,460 Industry Engineering Services 1,483 26,272 Testing Laboratories 205 3,276 Computer Training 66 370 Computer Systems Design and Related Services 8,835 101,876 Subtotal 10,589 131,794 Total for all sectors 14,661 292,734 Number of High-Tech Industry Businesses 1 25 88 Number of Advanced Services Businesses 1 60 760 Avg. Employment Avg. Employment
Bio Sciences &
Health Care
Health care industry companies are located throughout the Dallas-Fort Worth region where they can tap into a broad base of skilled employees. Dallas’ medical community includes the highly rated UT Southwestern Medical Center and Baylor University Medical Center, as well as Parkland Hospital’s burn unit, one of the most recognized units in the nation. The health care industry in DFW is more than services, however. It also encompasses manufacturing, research, and goods distribution. The activities often cluster around each other, creating synergy within the health care community.
Health Care Systems and Services
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 108 Industry Health Care and Social Assistance 24,671 424,225 Home Health Equipment Rental 30 384 Pharmacies and Drug Stores 1,395 14,363 Optical Goods Stores 242 1,286 Other Health and Personal Care Stores 474 3,476 Research and Development in Biotechnology 122 1,886 Subtotal 26,934 445,620 Industry Administration of Public Health Programs 33 31,153 Industry Direct Health and Medical Insurance Carriers 85 7,712 Services Government Insurance Establishments Avg. Employment Avg. Employment INDUSTRY | HEALTH CARE
8 5 30 27 26 25 23 21 20 19 17 15 12 10 13 Legend: Occu pation Jobs | Median hourly earnings Medical and Health Services Managers 11,809 | $54.31 Physician Assistants 3,165 | $57.25 Occupational Therapists 2,639 | $47.06 Registered Nurses 66,704 | $37.79 Avg. Employment Establishments Establishments 138 Hospitals and
Facilities With Acute
Other
Care Capacity
Major Not-for-Profit Systems Baylor Scott & White Health Children’s Health CHRISTUS Health Cook’s Children Methodist Health Texas Health Resources UT Southwestern Major For-Profit Systems Medical City Healthcare Steward Health Care Tenet Healthcare Major Veterans System VA North Texas Health Care Major Public Systems JPS Health Network Parkland Health National Health Care HQs Accentcare Addus HomeCare AMN Healthcare Community Hospital Corp Concentra Conifer Health Solutions Cornerstone Healthcare Group Golden Living McKesson Corporation U.S. Renal Care United Surgical Partners
in Dallas-Fort Worth
Major Hospitals (With More Than 200 Beds)
Wholesale Trade
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 109 INDUSTRY | HEALTH CARE 9 7 6 4 3 2 1 32 31 29 28 24 22 18 16 14 11 Number of Health Care Businesses 1 150 845 Number of Advanced Services Businesses 1 60 760 Dental Hygienists 4,964 | $36.83 Clinical Laboratory Technologists and Technicians 8,070 | $28.62 Surgical Technologists 3,323 | $28.10 Licensed Practical and Licensed Vocational Nurses 15,727 | $24.89 Medical Records Specialists 6,489 | $22.56 Nursing Assistants 20,522 | $14.64 Source: Lightcast, Bureau of Labor Statistics
Hospital Number of beds 1 Medical City Dallas Hospital 963 2 Baylor University Medical Center 914 3 Parkland Memorial Hospital 882 4 Texas Health Presbyterian Hospital Dallas 875 5 Texas Health Harris Methodist Hospital Fort Worth 720 6 Medical City Plano 664 7 University of Texas Southwestern Medical Center .......... 608 8 John Peter Smith Hospital 578 9 Methodist Dallas Medical Center ......................... 563 10 Baylor Scott & White All Saints Medical Center - Fort Worth 538 11 Children’s Medical Center of Dallas 490 12 Medical City Arlington 453 13 Cook Children’s Medical Center .......................... 444 14 Methodist Richardson Medical Center 394 15 Texas Health Arlington Memorial Hospital ................. 369 16 Texas Health Presbyterian Hospital Plano 338 17 Medical City Fort Worth ................................. 320 18 Methodist Charlton Medical Center 317 19 Baylor Scott & White Medical Center - Grapevine .......... 302 20 Baylor Scott & White Medical Center - Irving 293 21 Texas Health Huguley Hospital 291 22 Dallas VA Medical Center 289 23 Texas Health Harris Methodist Hospital Southwest Fort Worth ................................... 263 24 Columbia Medical Center of McKinney Subsidiary, L.P. 260 25 Texas Health Presbyterian Hospital Denton 255 26 Methodist Mansfield Medical Center 254 27 Texas Health Harris Methodist Hospital Hurst-Euless-Bedford ........................... 252 28 City Hospital at White Rock 218 29 Baylor Scott & White Medical Center - Carrollton ........... 216 30 Medical City Denton 208 31 Lifecare Hospitals of North Texas - Dallas 206 32 Dallas Regional Medical Center 202 Manufacturing
Avg. Employment Avg. Employment Establishments Establishments Industry Pharmaceutical and Medicine Manufacturing 77 5,012 Analytical Laboratory Instrument Manufacturing 11 1,023 Irradiation Apparatus Manufacturing 5 <10 Medical Equipment and Supplies Manufacturing 252 6,264 Subtotal 345 12,299 Industry Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers 562 9,935 Ophthalmic Goods Merchant Wholesalers 52 1,101 Drugs and Druggists' Sundries Merchant Wholesalers 404 9,268 Subtotal 1018 20,304 Total for all sectors 28,415 517,088
Life Science
The Dallas-Fort Worth life science industry is dominated by pharmaceutical, optical, and medical device manufacturers, such as Alcon (Fort Worth) and EssilorLuxotica (Dallas). The region has shown enormous capacity to attract major industry players like McKesson and Galderma. The convergence of innovative research and development with regional expertise in emerging technologies defines DFW’s life science industry. UT Southwestern Medical Center in Dallas is among the nation’s best in biology and biochemistry research, while UNT’s Health Science Center (Fort Worth), and Pegasus Park (Dallas)—the region’s newest hub for life science discovery and commercialization—are providing a supportive ecosystem that attracts the most promising startups.
Making More of Life
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 110 INDUSTRY | LIFE SCIENCE
Bioengineers and Biomedical Engineers 344 | $37.83 Chemical Engineers 616 | $62.98 Medical Scientists, Except Epidemiologists 1,903 | $34.76 Chemists 786 | $36.53 Source: Lightcast, Bureau of Labor Statistics Industry Basic Chemical Manufacturing 64 2,196 Pharmaceutical and Medicine Manufacturing 77 5,012 Medical Equipment and Supplies Manufacturing 252 6,264 Scientific Research and Development Services 467 6,753 Medical Laboratories 263 7,362 Diagnostic Imaging Centers 257 4,063 Total 1,380 31,650 Avg. Employment Establishments Number of Life Sciences Industry Businesses 1 7 15 Number of Advanced Services Businesses 1 60 760 Legend: Occu pation Jobs | Median hourly earnings
The DFW region is on the leading edge of defining new research trends and opportunities in life sciences.
Sample of Life Sciences Companies in
Dallas-Fort Worth
Abbott Laboratories
Alcon
AmerisourceBergen
Drug Corporation
Argon Medical Devices
Atrion Corporation
B. Braun Medical
Balanced Media
Benchmark Research
Biomat USA
Bio-Synthesis Inc
Bledsoe Brace Systems
Boval BioSolutions
Cardinal Health Inc
Caris Life Sciences
Carter Bloodcare
Ceutical Labs
Colossal
Covance
DFB Pharmaceuticals
DJO Global
E4D
EssilorLuxotica
Food Safety Net Services
FormBio
Galderma Laboratories
Galt Medical
GlaxoSmithKline
Gradalis
Grifols
Hanger, Inc.
Humanetics II Ltd.
Inform Diagnostics
Input Hearing Systems
Integer Holdings
Kwivik Medical
Lantern Pharma
LinedanceAI
Mary Crowley Cancer Research
Med Fusion, LLC
Medtronic
Mentor Texas L.P.
Metroplex Clinical Research Center
Natural Like
Dental Lab Inc.
Neuro Rehab VR
Nurse Assist, Inc.
Nuvectra Corp
OraMetrix Inc.
Orano Med
Orthofix
OsteoMed
Oxefit
Pathologists Bio Medical Lab
Plexon Inc
Prestige Ameritech, Ltd.
Progressive Laboratories
Quest Diagnostics
Incorporated
Quest Medical Inc.
RBC Life Sciences Inc.
Reata Pharmaceuticals
Retractable Technologies, Inc.
Schryver Medical
Signify Health
Smith & Nephew
Sovereign Pharmaceuticals
St. Jude Medical Neuromodulation
Strukmyer
Stryker Orthopaedics
Talecris Plasma Resources
Texas Oncology
TissueGen
Verily
Vigilant Software
Cancer Prevention & Research Institute of Texas
n CPRIT’s goal is to expedite innovation and commercialization in the area of cancer research and to enhance access to evidence-based prevention programs and services throughout Texas.
n CPRIT accepts applications and awards grants for a wide variety of cancer-related research and for the delivery of cancer prevention programs and services by public and private entities located in Texas.
n CPRIT collaborates with a variety of entities, including public and private institutions of higher education, academic health institutions, universities, governmental organizations, nongovernmental organizations, and public and private companies.
BioNTX is the bioscience and healthcare innovation trade organization in North Texas, and affiliate of the Biotechnology Innovation Organization in Washington, DC. They are the bridge between businesses and job opportunities, providing direct cost savings services, networking events, and educational programming to the bioscience and healthcare innovation community in North Texas. www.biontx.org
Dallas-Fort Worth is a magnet for major companies and talent. The convergence of life science and tech is happening now in DFW, making us a hub for research and progress and a destination for companies looking to launch, grow, or reposition their life science business .
The DFW LIFE SCIENCE Economic Development Guide is an essential tool for understanding the Dallas-Fort Worth biotech and life science community. This data-driven resource can be used by companies making relocation or expansion decisions.
Includes key information on:
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 111 INDUSTRY | LIFE SCIENCE Environmental Scientists and Specialists, Including Health 1,045 | $37.68 Pharmacists 6,672 | $65.46 Diagnostic Medical Sonographers 2,200 | $37.68 Pharmacy Technicians 10,414 | $18.49 Ophthalmic Laboratory Technicians 312 | $15.68
ACCESS TALENT ECOSYSTEM REAL ESTATE COSTS & INCENTIVES LIVING EXPAND TO THE DALLAS REGION WWW.LIFESCIENCEDFW.COM
Aviation and Aerospace
Dallas-Fort Worth is among the nation’s top regions for aviation and aerospace activity. The region is home to the headquarters of two major airlines: American Airlines (Fort Worth) and Southwest Airlines (Dallas). Southwest operates a major maintenance base at Dallas Love Field, creating a strong foundation for aviation employment. Envoy Air, a regional jet operator and American Airlines partner, is headquartered in Irving, as well.
The regional aerospace industry comprises nearly 650 companies, accounting for more than 90,000 jobs in North Texas.
Industry leaders Lockheed Martin and Bell Helicopter are among the largest employers in the region. Combined they employ more than 15,000 workers. And the North American headquarters of Airbus Helicopters is in Grand Prairie.
Worth Is No. 1 in Aerospace in the U.S.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 112 INDUSTRY | AVIATION AND AEROSPACE
Aerospace Engineers 3,111 | $49.04 Electrical Engineers 5,104 | $48.57 Electronics Engineers, Except Computer 4,610 | $61.55 Mechanical Engineers 6,043 | $47.83 Source: Lightcast, Bureau of Labor Statistics Legend: Occu pation Jobs | Median hourly earnings
World’s Most Competitive Cities Aviation-Aerospace Employment Clusters Number of AviationAerospace Employees 1 10,300 Number of Advanced Services Businesses 1 60 760 Number of Aviation - Aerospace Businesses 1 5 15 Number of Advanced Services Businesses 1 60 760
Dallas-Fort
—Conway,
Major Aerospace Companies
Company
A.E. Petsche Company
Type of Business
Electronic parts and equipment
Advanced Integration Technology.................. Aircraft parts and equipment, nec
Airbase Services, Inc.
Aircraft flight instrument repair
Airbus Helicopters, Inc Helicopter parts
American Airlines Inc
Ameriflight
passenger carrier, scheduled
transportation, nonscheduled
passenger carrier, scheduled Atlantic Aviation Corporation
AMR Eagle / Envoy Air.............................
Aviall Inc
maintenance and repair services
engines and engine parts
flight instruments and guidance Bell Helicopter
BAE Systems Inc
Bell Textron
Boeing Global Services
Bombardier Aerospace Corp
CAE USA
CHC Helicopters
Collins Aerospace
parts and equipment, nec
Aircraft servicing and repairing
...................... Aircraft servicing and repairing
Aviation school
Helicopter carriers, nonscheduled
Search and navigation equipment
Co-Operative Industries Aerospace & Defense Harness assemblies, for electronic use: wire or cable
Dallas Airmotive ..................................
EFW Inc
FAA - Southwest Region
FedEx Corp
GDC Technics
General Dynamics Ordnance and Tactical Systems. . .
Gulfstream Aerospace Corporation
Honeywell International, Inc
Huntleigh USA
L3Harris Technologies
Lockheed Martin Missiles & Fire Control.............
Mayday Manufacturing Co
Menzies Aviation .................................
Northrop Grumman Innovation Systems
Pratt & Whitney
Qarbon Aerospace
Aircraft and heavy equipment repair services
Search and navigation equipment
Air traffic control operations, government
Air cargo carrier, scheduled
Aircraft parts and equipment, nec
Guided missile and space vehicle parts and equip.
Aircraft
Aircraft engines and engine parts
Airport terminal services
Aircraft control systems, electronic
Search and navigation equipment
Aircraft parts and equipment, nec
Airports, flying fields, and services
Aircraft parts and equipment, nec
Aviation propeller and blade repair
Aircraft manufacturing
Raytheon Defense systems and equipment
Recaro Aircraft Seating Americas ..................
Safran Helicopter Engines USA
Sikorsky Aircraft Corporation
Southwest Airlines
Superior Air Charter
Texas Air Composites, Inc .........................
Triumph Aerostructures, LLC
Aircraft parts and equipment, nec
Engine repair and replacement, non-automotive
Aircraft
Air passenger carrier, scheduled
Transportation and public utilities
Maintenance & repair services
Aircraft
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 113 INDUSTRY | AVIATION AND AEROSPACE Aerospace Engineering and Operations Technologists and Technicians 729 | $29.01 Aircraft Mechanics and Service Technicians 8,253 | $37.09 Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 2,678 | $27.22 Miscellaneous Assemblers and Fabricators 33,513 | $16.27 Machinists 5,548 | $22.65 Industry Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing 21 4,960 Aerospace Product and Parts Manufacturing 120 31,583 Air Transportation 145 40,711 Support Activities for Air Transportation 285 10,944 Satellite Telecommunications 13 89 Flight Training 59 1,868 Total 643 90,155 Avg. Employment Establishments
Air
Air
Air
Aircraft
Aircraft
Aircraft
Aircraft/aerospace
Aircraft
Hospitality
The Dallas-Fort Worth region has a robust hospitality industry presence that can handle meeting and convention events of all sizes and types, whether an annual meeting for a major national association or a short-lead executive board meeting requiring the utmost security and service.
The market includes a large base of hotel facilities, ranging from budget to luxury within 15 minutes of Dallas Fort Worth International Airport. This helps make the region a convenient destination for meetings that require travel from points throughout the United States.
Central business districts in Dallas and Fort Worth are half an hour from Dallas Fort Worth International Airport, while downtown Dallas is just 10 minutes away from Love Field. Both Dallas and Fort Worth—as well as the surrounding suburbs—offer major convention facilities with flexible space, along with robust entertainment and lodging amenities at a wide range of price points.
Top-Ranked Hotels and Resorts
The Galleria
Dallas/Plano
Marriott at Legacy Town Center
Fairmont Dallas
Gaylord Texan
Grand Hyatt DFW
Great Wolf Lodge
HALL Arts Hotel
Dallas, Curio
Collection by Hilton
Hilton Anatole
Hilton Dallas
Rockwall Lakefront
Hilton Dallas
Southlake Town Square
Hilton Dallas/Plano
Granite Park
Hilton DFW
Lakes Executive Conference Center
Hilton Richardson Dallas
Hotel Crescent Court
Hotel Drover, Autograph Collection
Hotel St. Germain
Sample of Major Annual Events by Attendance
Hyatt Regency DFW
Live! by Loews
Magnolia Hotel Dallas Downtown
Marriott Dallas
Uptown
Omni Dallas Hotel
Omni Fort Worth Hotel
Omni Las Colinas Hotel
Renaissance Dallas
Addison Hotel
Renaissance Dallas at Plano Legacy West Hotel
Renaissance Dallas Hotel
Renaissance Dallas North Hotel
Renaissance Dallas Richardson Hotel
Rosewood Mansion on Turtle Creek
Sheraton Dallas Hotel
Sheraton DFW Airport Hotel
Texican Court
The Adolphus, Autograph Collection
The Ashton
The Joule
The Las Colinas Resort
The Ritz-Carlton, Dallas
The Sinclair, Autograph Collection
The Westin Dallas Downtown
The Westin Dallas Fort Worth Airport
The Westin Dallas Park Central
The Westin Galleria Dallas
The Westin Irving Convention Center at Las Colinas
The Worthington
Renaissance Fort Worth Hotel
Thompson Dallas
Virgin Hotel Dallas
W Dallas - Victory
Warwick Melrose
Recent Major Events by Economic Impact (2022)
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 114 INDUSTRY | HOSPITALITY
Legend: Occu pation Jobs | Median hourly earnings General and Operations Managers 106,635 | $44.39 Marketing Managers 8,819 | $62.49 Sales Managers 17,435 | $60.52 Food Service Managers 3,986 | $29.83
Event Est/Avg Attendance State Fair of Texas ........................................... 2,500,000 Fort Worth Stock Show & Rodeo ............................... 1,200,000 Addison Kaboom Town 500,000 Toyota Dallas Holiday Parade 450,000 Main Street Fort Worth Arts Festival 400,000 AT&T Byron Nelson Championship............................... 200,000 Grapevine Grapefest 200,000 Fort Worth Mayfest 200,000 Scarborough Renaissance Festival 200,000 EarthX ....................................................... 180,000 BMW Dallas Marathon 164,000 WrestleMania 160,000 Martin Luther King, Jr. Day Parade and Festival 150,000 PBR World Finals .............................................. 150,000 Greenville Avenue St. Patrick’s Day Parade 125,000 AT&T Red River Showdown 100,000 Dallas Cup International Youth Soccer Tournament 100,000 Goodyear Cotton Bowl Classic ................................... 60,000 North Texas Irish Festival ........................................ 60,000 Addison Oktoberfest 50,000 Dallas Pride - Corona Alan Ross Texas Freedom Parade 50,000
Event Direct Spending WWE WrestleMania 38 $70,237,913 National Cheerleaders Assn. All-Star National Championship $36,758,153 VEX Robotics World Championship........................... $35,205,293 IEEE Supercomputing Conference $34,677,633 Red River Showdown $32,433,259 Austin Junior Volleyball Association Lone Star Classic $27,561,405 Dallas Cup International Youth Soccer Tournament ............. $22,650,419 IACP Annual Law Enforcement Conference and Expo $22,593,848 Mary Kay Seminar $21,537,643 CEDIA Expo $16,046,438 Professional Bull Riders World Finals .......................... $15,828,820 Helicoptor Association International HELI EXPO 2022 $15,720,903 NCAA Division I Men’s Basketball Rounds 1 & 2 $11,465,718 UIL Spirit State Championship $9,790,824 Rocket League World Championships .......................... $7,241,185
Dallas/Addison Marriott Quorum By
Uptown
Hotel Vin, Autograph Collection Hotel ZaZa Dallas
Hyatt Regency Dallas
DFW Is the Most Visited Metropolitan Area in Texas
Meeting and Exhibition Facilities
Other Civic and Convention Sites
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 115 INDUSTRY | HOSPITALITY 9 8 7 6 5 4 3 20 19 18 17 16 15 14 13 12 2 1 11 10 Chefs and Head Cooks 3,090 | $23.87 First-Line Supervisors of Food Preparation and Serving Workers 30,681 | $15.13 Customer Service Representatives 94,556 | $17.62 Hotel, Motel, and Resort Desk Clerks 4,875 | $13.09 Source: Lightcast, Bureau of Labor Statistics
1 The Kay Bailey Hutchison Convention Center 2 Hilton Anatole Hotel 3 Music Hall at Fair Park 4 Gaylord Texan Resort and Convention Center 5 Fort Worth Convention Center 6 Sheraton Dallas Hotel 7 Dallas Market Hall 8 Hyatt Regency Dallas at Reunion 9 Will Rogers Memorial Center 10 InterContinental Dallas 11 Omni Dallas Hotel
12 Addison Conference Centre 13 Credit Union of Texas Event Center 14 Arlington Convention Center 15 Denton Civic Center 16 Frisco Convention Center 17 Hurst Conference Center 18 Irving Convention Center at Las Colinas 19 Plano Convention Center 20 Richardson Civic Center Number of Hospitality Businesses 1 40 216 Number of Advanced Services Businesses 1 60 760
Industry Accommodation and Food Services 16,019 327,696 Avg. Employment Establishments Nearly 330,000 people are employed in the hospitality industry in the DFW area, among thousands of employers.
Logistics
Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short- and long-haul truck transportation. The entire region functions as a global inland port, with Dallas Fort Worth International Airport and Fort Worth Alliance Airport capable of large-scale cargo operations.
The region also offers phenomenal rail transportation. Fort Worth-headquartered BNSF Railway has an extensive hub system throughout North Texas. Union Pacific operates the Dallas Intermodal Terminal in southern Dallas County, moving goods and services throughout North Texas and beyond.
The confluence of three major interstates (30, 35, and 45), as well as I-20 and many state highways, offers distributors efficient routing options for moving products throughout the central part of the U.S. by truck. Carriers can reach up to 93 percent of the U.S. population within 48 hours, while I-35—the USMCA Corridor—provides a direct connection to Canada and Mexico.
Incentives
n Foreign-Trade Zones (FTZs) provide duty-free or deferred payment for goods processed at plants engaged in international trade. The DFW area currently has five FTZs, including No. 39 granted to DFW Airport which spans a seven-county area. With the agreement of local officials, pre-approval has been secured from the federal government to provide any eligible business with an FTZ designation on an expedited and simplified basis. On-airport and company-specific FTZs sponsored by DFW Airport include: BMW, Mouser Electronics, Dallas Cowboys Merchandising, Samsung, Sanden, Fossil Partners, Safran, Dal-Tile, Katoen Natie DIT, FedEx, DHL, Crane Logistics, The Apparel Group, Brighton Best International, Lasko, and Allied Electronics.
n Freeport Tax Exemptions allow local governing bodies the option to exempt personal property consisting of goods, wares, merchandise, or ores other than oil, natural gas, and petroleum. Eligible property must be transported out of the state within 175 days of acquisition but may be assembled, stored, manufactured, processed, or fabricated locally. Triple Freeport zones are exempt from city, county, and school district property taxes on inventory.
Dallas-Fort Worth: A Global Inland Port
The 9,600-acre Alliance Global Logistics Hub is the nation’s premier inland port, offering multimodal transportation options, economic advantages, and supply chain services.
n Fort Worth Alliance Airport (AFW)—A 100% industrial and corporate airport
n BNSF Alliance Intermodal Hub; Amazon Regional Air Hub; FedEx Southwest Regional Sort Hub; and UPS Ground Hub
n Two Class I rail lines (BNSF and Union Pacific)
n Interstate Highway 35W connects from Mexico to Canada
n Foreign-Trade Zone No. 196 consistently ranks as one of the top General Purpose FTZs in the United States in terms of the value of foreign goods admitted
n U.S. Customs and Border Protection
n Transload facilities immediately adjacent to intermodal yard planned
n Located within the 27,000-acre AllianceTexas development that includes office, retail, and residential development.
Legend
Predesignated Foreign Trade Zone “Magnet Sites”
Any company may locate on this land and simply activate with Customs.
Company/Site-Specific Foreign Trade Zones
For companies wanting FTZ status but which cannot locate in an existing magnet site.
Railyard / Intermodal Facility
Distribution Centers
Custom Port of Entry
Rail Line
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 116 Fort
Fort Worth Meacham International BNSF
Centennial
INDUSTRY | LOGISTICS
Worth Alliance
Intermodal Yard
Yard
AllianceTexas Global Logistics Hub
Legend: Occu pation Jobs | Median hourly earnings Transportation, Storage, and Distribution Managers 4,990 | $48.03 Shipping, Receiving, and Inventory Clerks 27,782 | $17.52 Miscellaneous Assemblers and Fabricators 33,513 | $16.27 Inspectors, Testers, Sorters, Samplers, and Weighers 15,545 | $18.02
Southern Dallas County Inland Port
The southern Dallas County inland port encompasses 7,500 acres and five cities. The inland port is located at the hub of the nation’s best logistics and transportation infrastructure.
n Direct access to Interstate Highways 20, 35E, and 45
n Large acreage sites for manufacturing and distribution
n Heavy redundant electricity
n Lancaster Airport (306 acres, general aviation)
n 360-acre Union Pacific Dallas Intermodal Terminal providing access to the ports of Los Angeles and Long Beach
n BNSF Intermodal facility
n Foreign Trade Zone (No. 39) and Triple Freeport availability
n More than 25M sq. ft. of occupied or build-to-suit warehouse, industrial, distribution, and manufacturing space; announced or built space totals 36M sq. ft. and over 8,000 acres
Source: Lightcast, Bureau of Labor Statistics
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 117 Dallas
Dallas
Addison
McKinney
Lancaster
Airport Union Pacific Dallas Intermodal Terminal Railport Kansas
Kansas City
Garland
Union Pacific Miller Intermodal Facility Union Pacific Rail Yard Union Pacific
Yard Union Pacific Rail Yard -GM INDUSTRY | LOGISTICS Heavy and TractorTrailer Truck Drivers 74,486 | $23.03 Light Truck Drivers 28,574 | $18.71 Industrial Truck and Tractor Operators 38,312 | $18.07 Laborers and Freight, Stock, and Material Movers, Hand 83,100 | $14.68 Packers and Packagers, Hand 13,793 | $13.37 Stockers and Order Fillers 87,088 | $16.51
Fort Worth International Airport
Love Field
Airport
National Airport
Regional
City Southern Wylie Rail Yard
Southern
Rail Yard
Rail
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Major Companies and Headquarters Top Employers Fortune 1000 Major Headquarters Relocations Recent Expansions and Relocations Small Business International Companies Global Trade Business & Economy 2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 119
Photo: Michael Samples
Major Companies and Headquarters
The Dallas-Fort Worth region is a magnet for corporate headquarters and major company operations, attracting 23 Fortune 500 company headquarters as of 2022 (Caterpillar will be added to the official list for 2023) and 42 headquarters among the Fortune 1000.
A diverse group of household names such as Texas Instruments, AT&T, American Airlines, Kimberly-Clark, Toyota, and McKesson call the region home, reflecting the area’s strong fundamentals when it comes to workforce, access, and cost of doing business.
The region’s corporate powerhouse companies are distributed throughout Dallas-Fort Worth, an indication of the strength, depth, and breadth of the workforce. Widely distributed companies also hint at the ease of navigation between cities and corporate centers.
Scanning the roster of major employers located in DFW, it’s easy to see the diversity of the business community, from hightech, telecommunications, logistics, and finance industry leaders to consumer brands that impact the daily lives of households across the globe.
Dallas–Fort Worth’s diverse base of employers drives the region’s economic strength, so that growth is possible even during downturns in the business cycle or other economic disruptions.
A Critical Mass of Headquarters and Significant Operations
Construction
AECOM
Andres Construction Services
Austin Industries
Balfour Beatty
Beck Group
Builders Firstsource
Centex Corporation
D.R. Horton
Eagle Materials
Fluor Corporation
Green Brick Partners Inc
Highland Homes
Hill & Wilkinson
Invitation Homes
Lehigh Hanson Company
McCarthy Building Companies
MEDCO Construction
Pogue Construction
Primoris Services Corp
SRS Distribution
TDIndustries
Turner Construction
U.S. Concrete
Energy
Atmos Energy Corporation
Bass Enterprises
Delek US Holdings
Denbury Resources
Energy Transfer LP
EnLink Midstream Partner
Exxon Mobil Corporation
Halliburton
HF Sinclair
Hunt Consolidated/Hunt Oil
Luminant
Matador Resources Co
Murex
Oncor Electric Delivery
Pioneer Natural Resources
ProFrac Holdings
Range Resources
Reliant, an NRG Company
TXU
Vistra Energy
Education & Health Care
Abbott Laboratories
Access Healthcare Services
American Heart Association
AMN Healthcare
Axxess
Baylor Scott & White Health
Blue Cross Blue Shield of
Texas
Children’s Health
CHRISTUS Health
Collin College
Cook Children’s Health Care System
Dallas College
Galderma
JPS Health Network
McKesson
Medical City Healthcare
Methodist Health System
Parkland Hospital
Tarrant County College
Tenet Healthcare
Texas Health Resources
UnitedHealthcare
University of North Texas System
University of Texas at Arlington
University of Texas at Dallas
UT Southwestern Medical Center
Leisure & Hospitality
American Airlines Center
Arcis Golf
AT&T Stadium
Brinker International
CEC Entertainment
Cinemark Holdings
CorePoint Lodging Inc
Dave & Buster’s
Del Frisco’s Restaurant Group Inc
Fiesta Restaurant Group
Hilton
Hotels.com
Invited
La Madeleine
Live Nation
Lone Star Park
LSG Sky Chefs USA
Pei Wei
PGA of America
Pizza Hut
Six Flags Entertainment Park
Smoothie King
Texas Motor Speedway
Topgolf Entertainment Group
Yum China Holdings
Manufacturing
Airbus Helicopters
Alcon Laboratories
American Leather Arcosa
Bell Helicopter
Bimbo Bakeries USA
Bombardier Aviation
Borden Dairy
Caterpillar
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 120 BUSINESS & ECONOMY | MAJOR COMPANIES AND HEADQUARTERS
Celanese Corporation
Cisco Systems
Coca Cola Southwest
Beverages
Commercial Metals
Dal-Tile Corporation
Darling Ingredients
Diodes
Encore Wire Corp
Ericsson
EssilorLuxottica
Farmer Brothers Co
Flowserve Corporation
Fossil Group
Frito-Lay North America
Fujitsu Network Communications
General Motors
Gulfstream Aerospace
Integer Holdings Corp
Interceramic
Interstate Battery
Keurig Dr Pepper
Kimberly-Clark
Kraft Heinz Company
Kubota
L-3 Technologies
Lennox International
Lockheed Martin
Mary Kay
NCH Corporation
Nokia North America
Overhead Door Corp
PepsiCo
Peterbilt Motors
Poly-America
Qorvo
Raytheon Technologies
Reddy Ice
Sally Beauty Holdings
Samsung Electronics America
Smith & Nephew
Solar Turbines
STMicroelectronics
Tetra Pak U.S.
Texas Instruments
Toyota Motor North America
Trinity Industries
Triumph Aerostructures
Valhi
Williamson-Dickie Financial Activities
AAA Texas
Alkami Technology
Allstate
Amegy Bank
Bank of America
Bank of Texas
Billingsley Company
Capital One Bank
CBRE Group, Inc.
Charles Schwab
Citi
Comerica Bank
CyrusOne
Digital Realty
Ebby Halliday
Federal Reserve Bank of Dallas
Fidelity Investments
Frost Bank
GEICO
Globe Life
GM Financial
Goldman Sachs & Co.
Hillwood Development Company
HUB International
JLL
JPMorgan Chase
Liberty Mutual
Moneygram International
Mr Cooper Options Clearing Corporation
ORIX USA
Pegasus Bank
PlainsCapital Bank
PNC
Regions Bank
Santander Consumer USA
State Farm Insurance
TD Ameritrade
Texas Capital Bank
TIAA
Toyota Financial Services
TPG
Truist Bank
Veritex Holdings Inc
Professional & Business Services
Accenture
Allied Universal
AT&T
Atos
Boston Consulting Group
Conifer Health Solutions
CoreLogic
Deloitte
DXC Technology
Ernst & Young
FedEx Office
Freeman Company
Google
HKS
IBM Corporation
Intuit
Jacobs Engineering Group
KPMG
McAfee
Microsoft
NTT Data
PwC
RealPage
Ryan
Salesforce
Sammons Enterprises
Tata Consultancy Services
Thomson Reuters
Thryv
T-Mobile
Tyler Technologies
Verizon Wireless
Weaver
Trade & Transportation
7-Eleven
Amazon
American Airlines Group
Andrews Distributing Company
At Home Group Inc
Aurora
Ben E Keith Company
BNSF Railway
Boeing Distribution
Consolidated Electrical Distributors
Container Store Group
Copart
Dallas Love Field
DFW International Airport
Gamestop
Greyhound Lines
Hilti North America
HOLT CAT
J.C. Penney
Match Group
Michaels Companies
Mode Transportation
MV Transportation
NEC Corporation of America
Neiman Marcus Group
Pier 1 Imports
Rent-A-Center
Republic National Distributing Company
Sabre Corporation
Sewell Automotive Companies
Southern Glazer’s Wine & Spirits
Southwest Airlines
Target
Tom Thumb - Albertson’s
Uber Technologies
Union Pacific
UPS
Waymo
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 121 BUSINESS & ECONOMY | MAJOR COMPANIES AND HEADQUARTERS
Top Employers
Major employers are influential over the health and vitality of the local economy. They make up disproportionately large contributions in terms of both employment and production, and they often bring national and international ties to the community.
10,000+ Employees
Amazon Trade & Transportation amazon.com
American Airlines Group Trade & Transportation aa.com
AT&T Professional & Business Services att.com
Bank of America Financial Activities bankofamerica.com
Baylor Scott & White Education & Health Care bswhealth.com
JPMorgan Chase Financial Activities chase.com
Kroger Trade & Transportation kroger.com
Lockheed Martin Manufacturing lockheedmartin.com
Medical City Healthcare Education & Health Care medicalcityhealthcare.com
Naval Air Station Government cnic.navy.mil
Parkland Hospital Education & Health Care parklandhospital.com
Southwest Airlines Trade & Transportation southwest.com
Texas Health Resources Education & Health Care texashealth.org
Texas Instruments Manufacturing ti.com
UPS Trade & Transportation ups.com
US Postal Service
UT Southwestern Medical Center
Professional & Business Services usps.com
Education & Health Care utsouthwestern.edu
Walmart Stores Trade & Transportation walmartstores.com
5,000-9,999 Employees
Allied Universal Professional & Business Services aus.com
Army & Air Force
Exchange Service Government aafes.com
Charles Schwab
Financial Activities schwab.com
Children's Health Education & Healthcare childrens.com
Citi Financial Activities citigroup.com
Cook Children's Health Care System
Education & Healthcare cookchildrens.org
Copart Trade & Transportation copart.com
Dallas College Education & Healthcare dallascollege.edu
FedEx Trade & Transportation fedex.com
Fidelity Investments
Financial Activities fidelity.com
Home Depot Trade & Transportation homedepot.com
J.C. Penney Trade & Transportation jcpenney.com
JPS Health Network Education & Healthcare jpshealthnet.org
L-3 Technologies Manufacturing l3t.com
Lowe's Companies Trade & Transportation lowes.com
Methodist Health System Education & Healthcare methodisthealthsystem.org
PepsiCo Manufacturing pepsico.com
Raytheon Technologies Manufacturing raytheonintelligenceandspace. com
State Farm Insurance Financial Activities statefarm.com
Target Trade & Transportation target.com
Tom Thumb-Albertson's Trade & Transportation tomthumb.com
University of Texas at Arlington
Education & Healthcare uta.edu
Verizon Wireless
Wells Fargo
Professional & Business Services verizon.com
Financial Activities wellsfargo.com
2,500-4,999 Employees
Accenture
Alcon Laboratories
Allstate
Professional & Business Services accenture.com
Manufacturing alcon.com
Financial Activities allstate.com
Bell Helicopter Manufacturing bellflight.com
Blue Cross Blue Shield of TX
BNSF Railway
Capital One Bank
Centex Corporation
CVS
Deloitte
Dillard's
Ericsson
Ernst & Young
Fannie Mae
Fluor Corporation
Frito-Lay North America
Gamestop
Goldman Sachs & Co.
Hilton
Keller Williams Realty
Kohl's
Macy's
Marriott Hotels, Resorts & Suites
Michaels Companies
Microsoft
Neiman Marcus Group
Peterbilt Motors
Pizza Hut
Poly-America
PwC
Sabre Corporation
Sally Beauty Holdings
Supreme Lending
Tarrant County College
Toyota Motor North America
University of Texas at Dallas
VA North Texas Health Care
Walgreens
University of Texas at Dallas
VA North Texas Health Care System
Walgreens
Education & Healthcare bcbstx.com
Trade & Transportation bnsf.com
Financial Activities capitaloneauto.com
Construction centex.com
Trade & Transportation cvs.com
Professional & Business Services deloitte.com
Trade & Transportation dillards.com
Manufacturing ericsson.com/us
Professional & Business Services ey.com
Financial Activities fanniemae.com
Construction fluor.com
Manufacturing fritolay.com
Trade & Transportation gamestop.com
Financial Activities goldmansachs.com
Leisure & Hospitality hilton.com
Financial Activities kw.com
Trade & Transportation kohls.com
Trade & Transportation macys.com
Leisure & Hospitality marriott.com
Trade & Transportation michaels.com
Professional & Business Services microsoft.com
Trade & Transportation neimanmarcus.com
Manufacturing peterbilt.com
Leisure & Hospitality pizzahut.com
Manufacturing poly-america.com
Professional & Business Services pwc.com
Trade & Transportation sabre.com
Manufacturing sallybeautyholdings.com
Financial Activities supremelending.com
Education & Healthcare tccd.edu
Manufacturing toyota.com/usa
Education & Healthcare utdallas.edu
Education & Healthcare northtexas.va.gov
Trade & Transportation walgreens.com
Education & Health Care utdallas.edu
Education & Health Care northtexas.va.gov
Trade & Transportation walgreens.com
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 122 BUSINESS & ECONOMY | TOP EMPLOYERS
1,500-2,499 Employees
7-Eleven Trade & Transportation 7-eleven.com
Abbott Laboratories Education & Healthcare abbott.com
American Heart Association
AmerisourceBergen
Austin Industries
Ben E Keith Company
CHRISTUS Health
1,000-1,499
Employees
Education & Healthcare heart.org
Education & Healthcare absg.com
Construction austin-ind.com
Trade & Transportation benekeith.com
Education & Healthcare christushealth.org
Cisco Systems Manufacturing cisco.com
Collin College
Conifer Health Solutions
CoreLogic
Dal-Tile Corporation
Dialog Direct
Education & Healthcare collin.edu
Professional & Business Services coniferhealth.com
Professional & Business Services corelogic.com
Manufacturing daltile.com
Professional & Business Services dialog-direct.com
Ebby Halliday Financial Activities ebby.com
Fossil Group Manufacturing fossilgroup.com
Globe Life Financial Activities globelifeinsurance.com
GM Financial Financial Activities gmfinancial.com
Great Wolf Lodge
IBM
Leisure & Hospitality greatwolf.com
Professional & Business Services ibm.com
Keurig Dr Pepper Manufacturing keurigdrpepper.com
KPMG
Lincoln Property Company
Professional & Business Services kpmg.com/us
Professional & Business Services lpc.com
Mary Kay Manufacturing marykay.com
McKesson
Mouser Electronics Inc
Nebraska Furniture Mart of Texas
Education & Healthcare mckesson.com
Trade & Transportation mouser.com
Trade & Transportation nfm.com
Nokia North America Manufacturing nokia.com
Nordstrom
RealPage
Trade & Transportation nordstrom.com
Professional & Business Services realpage.com
Safeco Financial Activities safeco.com
Santander Consumer USA
Siemens
Southern Methodist University
Staff Force Personnel Services
Financial Activities santanderconsumerusa. com
Professional & Business Services sw.siemens.com
Education & Healthcare smu.edu
Professional & Business Services staff-force.com
TD Ameritrade Financial Activities tdameritrade.com
TDIndustries Construction tdindustries.com
Tenet Healthcare Education & Healthcare tenethealth.com
Texas Christian University
Education & Healthcare tcu.edu
TTI Trade & Transportation tti.com
Vizient Inc
Professional & Business Services vizientinc.com
AAA Texas
Financial Activities texas.aaa.com
American Airlines Center Leisure & Hospitality americanairlinescenter.com
Andrews Distributing Company
Balfour Beatty
Brinks Home Security
D.R. Horton
Dallas Morning News
Trade & Transportation andrewsdistributing.com
Construction balfourbeattyus.com
Professional & Business Services brinkshome.com
Construction drhorton.com
Information dallasnews.com
Don Miguel Mexican Foods Manufacturing donmiguel.com
DXC Technology
Encore Wire Corp
EssilorLuxottica
FDIC
Professional & Business Services dxc.technology
Manufacturing encorewire.com
Manufacturing essilorusa.com
Financial Activities fdic.gov
Federal Reserve Bank of Dallas Financial Activities dallasfed.org
Freeman Company
Fujitsu Network Communications
Professional & Business Services freeman.com
Manufacturing fujitsu.com.us
Gaylord Texan Leisure & Hospitality gaylordtexan.com
GEICO Financial Activities geico.com
Halliburton
Hunt Regional Medical Center
Kindred Healthcare
Kraft Heinz Company
Lennox International
Liberty Mutual
McAfee
Metroplex SportService
Energy halliburton.com
Education & Healthcare huntregional.org
Education & Healthcare kindredhealthcare.com
Manufacturing kraftheinzcompany.com
Manufacturing lennoxinternational.com
Financial Activities libertymutual.com
Professional & Business Services mcafee.com
Leisure & Hospitality txbaseball.com
Mr Cooper Financial Activities mrcooper.com
NFI Industries
Omni Hotels
Pioneer Natural Resources
Trade & Transportation nfiindustries.com
Leisure & Hospitality omnihotels.com
Energy pxd.com
Qorvo Manufacturing qorvo.com
Reddy Ice Manufacturing reddyice.com
Republic National Distributing Company
Samsung Electronics America
Southern Glazer's Wine & Spirits
Stevens Transport
Texas Woman's University
Thomson Reuters
Thryv
Travelers
Trade & Transportation rndc-usa.com
Manufacturing samsung.com/us
Trade & Transportation glazers.com
Trade & Transportation stevenstransport.com
Education & Healthcare twu.edu
Professional & Business Services thomsonreuters.com
Professional & Business Services corporate.thryv.com
Financial Activities travelers.com
Tuesday Morning Trade & Transportation tuesdaymorning.com
Wabtec Manufacturing wabtec.com
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 123 BUSINESS & ECONOMY | TOP EMPLOYERS
Fortune 1000
Dallas-Fort Worth continues to draw Fortune 1000 and Global 500 headquarters through growth and expansion of local companies and by attracting relocations. DFW is one of only two regions in the U.S. to host three Fortune 25 companies (AT&T, Exxon Mobil, and McKesson). These three DFW companies are also among the Global 50, second only to Beijing and tied with Seattle.
World Cities With the Most Global 500 HQs (2022)
43 Fortune 1000 Headquarters in Dallas-Fort Worth (2022)
Forbes Top Private Companies (2022)
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 124 BUSINESS & ECONOMY | FORTUNE 1000 820 35W 35W 20 360
Metropolitan Area Companies Beijing, China 54 Tokyo, Japan 34 Paris, France 23 New York, NY 21 London, Britain 16 Seoul, South Korea 13 Shanghai, China 12 Chicago, IL 10 Shenzhen, China 10 Hangzhou, China 8 Washington, DC 8 Hong Kong, China 7 San Jose, CA 7 Toronto, Canada 7 Zurich, Switzerland 7 Amsterdam, Netherlands 6 Mumbai, India 6 Osaka, Japan 6 Taipei, Taiwan 6 Boston, MA 5 Dallas-Fort Worth, TX 5 Houston, TX 5 Minneapolis, MN 5 Munich, Germany 5 Atlanta, GA 4 Charlotte, NC 4 Frankfurt, Germany 4 Guangzhou, China 4 Madrid, Spain 4 Moscow, Russia 4 São Paulo, Brazil 4 Seattle, WA 4
Rank Company City 34 Republic National Distributing Company Grand Prairie 44 Sammons Enterprises Dallas 57 SRS Distribution McKinney 93 Michaels Companies Irving 102 Ben E Keith Fort Worth 106 Consolidated Electric Distributors Irving 107 Neiman Marcus Group Dallas 124 Hunt Consolidated/Hunt Oil Dallas 158 Mode Transportation Dallas 191 Austin Industries Dallas 205 Mary Kay Addison Denton Sally Beauty #707 * Fortune Global 500 Companies + Announced in 2022 ^ Formerly HollyFrontier; reorganized after acquiring Sinclair Irving Exxon Mobil* #6 McKesson* #9 Caterpillar+ #73 Kimberly-Clark #182 Pioneer Natural Resources #248 Fluor #259 Vistra Energy #315 Celanese #406 Commercial Metals #484 Darling Ingredients #631 Nexstar Media Group #637 Flowserve #744
Source: DRC Research; Fortune Magazine; Forbes Magazine. Downtown Fort Worth Range Resources #846 Arlington / Mid-Cities American Airlines Group #114 D.R. Horton #124 Grapevine
Charles Schwab #188 GameStop #526 AMN Healthcare #694 Mr. Cooper #777
/ Southlake / Coppell / Westlake
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 125 BUSINESS & ECONOMY | FORTUNE 1000 635 35E 35E 75 67 175 45 30 20 121 190 183 12 30 Downtown Dallas (CBD & Uptown) AT&T* #13 Energy Transfer* #54 CBRE #126 Builders FirstSource #176 HF Sinclair^ #197 Jacobs #262 EnLink Midstream #485 Primoris Services #752 Comerica #825 Plano Yum China Holdings #359 Rent-A-Center #642 Dallas Love Field Southwest Airlines #234 Sinclair Oil and Sinclair Transportation Chicago-NapervilleElgin, IL-IN-WI 35 (-1) San FranciscoOaklandBerkeley, CA 18 (—) San JoseSunnyvaleSanta Clara, CA 17 (-2) Los AngelesLong BeachAnaheim, CA 11 (-1) MinneapolisSt. PaulBloomington, MN-WI 15 (-1) Dallas-Fort WorthArlington, TX 23 (+1) HoustonThe WoodlandsSugar Land, TX 24 (+1) WashingtonArlingtonAlexandria, DC-VA-MD-WV 16 (-1) New York-NewarkJersey City, NY-NJ-PA 62 (-1) PhiladelphiaCamdenWilmington, PA-NJ-DE-MD 13 (—) Bridgeport-StamfordNorwalk, CT 10 (+1) DetroitWarrenDearborn, MI 10 (—) AtlantaSandy SpringsAlpharetta, GA 17(+1) Miami-Fort LauderdalePompano Beach, FL 10 (—) DenverAuroraLakewood, CO 10 (—) Boston-CambridgeNewton, MA-NH 15 (—) Seattle-TacomaBellevue, WA 10 (+2) U.S. Metropolitan Areas with the Most Fortune 500 Headquarters (2022 and change from 2021) States with the Most Fortune 500 Headquarters (2022) 50 California 37 Illinois 53 Texas 23 Pennsylvania 51 New York 25 Ohio Richardson Lennox International #676 North Dallas Match Group #836 McKinney Globe Life #594 Encore Wire #910 Dallas-LBJ Corridor Tenet Healthcare #181 Texas Instruments #198 AECOM #260 Atmos Energy #768 Brinker International #779 Copart #898 Valhi #950
Major Headquarters Relocations
The Dallas-Fort Worth region is regularly identified as one of the nation’s top markets for new and expanded corporate facilities. Past relocations to the region include headquarters moves for Fortune 500 and Forbes Top Private companies such as AT&T, Comerica, Fluor, and Toyota. More recent moves include well-known industry leaders like AECOM, Caterpillar, CBRE, Charles Schwab, Jacobs, and McKesson. Other major companies have expanded into DFW distribution, logistics, and manufacturing centers, including Amazon, BMW, DHL, Galderma, General Motors, MolsonCoors, and Pratt Industries. Meanwhile, corporations including 7-Eleven, American Airlines, Liberty Mutual, State Farm, FedEx, and Pioneer Natural Resources have expanded into new corporate office space. Goldman Sachs and Wells Fargo have announced new office construction for thousands of employees.
Sample of Headquarters Relocations to Dallas-Fort Worth
Acacia Research Group Active Network AECOM
Ameriflight
Astura Medical
Aviatrix
Boingo Wirleess
C & S Propeller
CBRE Group
Channell Commercial Corp.
Charles Schwab
Chip 1 Exchange
Cinepolis Luxury Cinemas
Consolidated Electrical Distributors
Copart
Core-Mark International
Daegis
Dealersocket
California
DJO Global Farmer Bros. Co.
Gordon Ramsey North America
Incora
Integrated Defense Products
Ironclad Performance Wear
Jacobs Engineering Group
Jetsuite
Kubota Tractor Corp.
KVP International Loandepot.com
McKesson Corporation
MD7
Old Gringo
Omnitracs
Pacific Union Financial
Panoramic Doors
Raytheon Technologies Corp.
Rixi Recovery Service
Ruiz Foods
SignEasy
SmartAction
Solera Holdings
SWH Mimi’s Cafe
Tearlab Corporation
Toyota Industries Commercial Finance
Toyota Motor North America
Trend Micro
United Scientific Group
Vendor Resource Management
Vio Security
Wiley X
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 126 BUSINESS & ECONOMY | MAJOR HEADQUARTERS RELOCATIONS Source: DRC Research
San Antonio CHRISTUS Health Arkansas Golden Houston At Home Group Inx Inc. Magnum Hunter Resources U.S. Concrete Austin Greenstream Seven Hills Commercial SupportNinja Trax Nevada CoreSpace Lone Wolf Real Estate Technology Arizona Core Construction Pei Wei Asian Diner Spirit Realty Capital Colorado Cagney Global Logistics Team ProMark, LLC Minnesota MoneyGram International Mid-States Distributing Co. Speed Commerce (Navarre) Washington
(Blucora) Northwest Hardwoods Restaurant Revolution Technologies Nebraska Heartland Automotive Services
Avantax
Oklahoma Coury Hospitality Global Power Equipment Group Hilti LinkAmerica StadiumDrop
Illinois
Addus HomeCare
BL Restaurant Operations
Boeing Global Services
Caterpillar
ELM Companies
ExteNet Systems
Neovia Logistics Services
OpTic Gaming
Schumacher Electric Corp
TopGolf USA
New York
Alkegen Bonchon
Drive Shack
HMS Holdings Katapult
L3Harris Technologies
Macquarie Infrastructure Corporation
McLaren Automotive
One World Alliance
Six Flags Entertainment Vehicle Accessories Inc.
Michigan
Warstic Bat Company
Pennsylvania
Ohio Paycor
Missouri
GKN Aerostructures
Ulrich Medical USA
Arkansas
Golden Living
Louisiana
Smoothie King Franchises
Republic Finance
Massachusetts
Ribbon Communications
Steward Health Care System
VCE
New Hampshire
Oculus Health
Supporting Corporate Moves
The Dallas Regional Chamber works closely with many companies that decide to locate major corporate facilities here, particularly headquarters. Our team knows how important these decisions are for both companies and their employees.
We help companies understand this region fully—from our demographics, labor costs, transportation assets, real estate options, or taxes and incentives that might apply to a project. Often we do it face to face. We visit companies and host executives here, including multi-day visits during which we engage Dallas-Fort Worth area business and civic leaders or subject-matter experts with the candidate company team to achieve the peer-topeer conversations that are so meaningful in selling DFW.
Connecticut
ATI (Allegheny Technologies Inc.)
Sunoco LP
Delaware
Waterlogic Americas
Tennessee
Buff City Soap
Dynamic Energy Alliance
Georgia
United Mobile Solutions
Alabama
Zoe’s Kitchen
Other HQ Establishments (International)
Advam Pty Ltd.
BackBox
Baicells Technologies Co.
Basis Technology Corp.
BRP Inc
Clevon
Diab Group
DIRTT Environmental Solutions
Doosan Robotics Americas
ezyVet
F-Wave Company
GuestLogix
Hisun Motors Corp., U.S.A.
KeepIt
Kidzania USA
KT&G Corporation
Labelcraft Products
LeClanche SA
NGC Renewables
NTT Data
Nutribiotech
Omnilife Origina Oyo
Three Whiskey Triathlon Battery Solutions
TXOne Networks
Zinwave Ltd.
Accudyne Industries iCall
Powersecure
Revere High Yield Fund
New Jersey
Cognizant Technology Solutions
Comparex USA
CVE Technology Group Digility Inc.
OKI Data Americas
Florida
CCS Medical
Emerald Transformer European Wax Center
Fiesta Restaurant Group
Firehawk Aerospace
Likewize
Optym
PGA of America
Smith & Nephew Trading Group
But we’re not just about the cold, hard facts and the sales pitch. We continue to work with companies—and particularly employees —that decide to move here. Corporate moves often impact hundreds, even thousands, of employees and families. Those employees have lots of questions, and each family situation is different. For all major corporate relocations, the DRC offers to meet with employees and families that suddenly have the opportunity to become new Texans.
We have held several “town hall” meetings with company employees around the U.S., sharing information and our experiences of living in the Dallas-Fort Worth area. Our goal is to help employees understand why our region is a great place to live, raise a family, and prosper. Eyes light up when we show pictures of homes with affordable prices, the arts and cultural amenities, our parks and lakes, our foodie places, our outstanding medical care, dog parks, light rail, and bike trails—as well as the many facts and anecdotes that help them realize that DFW is a more robust, culturally and socially diverse place than they might have thought. And those who already know the area well, or might be from here, just get more excited about the move.
Helping employees after a move is announced is a benefit to the company and its employees. It’s fun and very meaningful for the DRC’s economic development team and an important part of the Dallas Regional Chamber’s corporate recruitment platform.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 127 BUSINESS & ECONOMY | MAJOR HEADQUARTERS RELOCATIONS
Sample of Recent Dallas-Fort Worth Expansions and Relocations
2022 Announcements
1 CheckSammy, a waste removal, recycling, and sustainability services firm, completed its relocation from Las Vegas to Addison hiring more than 90 employees.
2 Omnilife, a Mexico-based nutritional supplements firm, will open a U.S. HQ in Allen creating 100 jobs.
3 Bowery Farming, the NY-based largest vertical farming company in the U.S., will open a 205K sf farm in Arlington creating 100 jobs.
4 Pratt Industries, the GAbased largest privately-held recycled paper and packing company, will occupy 1M sf in Cedar Hill employing 150.
5 Methodist Hospital System, based in Dallas, will build a 200K sf facility in Celina with a $200M investement creating 220 jobs.
6 PathGroup, a Nashvillebased biotech firm is opening a new 127K sf facility in Coppell.
7 GAF, a NJ-based manufacturing company, will open a commercial-scale shingle recycling facility in Corsicana employing 50 workers.
8 Goldman Sachs, the NY-based financial giant, is developing a three building, 980K sf office project in downtown Dallas that will house up to 5,000 employees.
9 Kroger, the largest U.S. supermarket chain, partners with technology company Ocado to open a 350K sf automated fulfilment center in Dallas employing 500.
10 Aviatrix, a cloud networking and security firm, relocated from Santa Clara, CA to Dallas and will hire up to 250 new employees.
11 SupportNinja, a business process outsourcing company, relocated from Austin to a Deep Ellum office in Dallas with room for 200 employees.
12 Amazon, the online sales giant, announces the construction of a 30K sf data center in DeSoto on a 9-acre development site.
13 Keepit, a Danish cloud backup and data protection company, establishes a U.S. HQ in Euless hiring as many as 25 workers.
14 PNC Bank, based in Pittsburgh, announces the launch of its fourth technology and innovation hub in Farmers Branch.
15 QisstPay, a Pakistan-based fintech company, announces a new U.S. HQ currently in Flower Mound with plans to hire up to 70 workers.
16 Oneworld Alliance, the global airline partnership serving 900 destinations, will relocate its HQ from NYC to Fort Worth to an 8-story facility.
17 Clevon, an Estonian autonomous delivery vehicle company, opens a U.S. HQ and Center of Excellence in Fort Worth's Alliance Corridor.
18 Rhino Health, a nitrile glove manufacturer, announces a $200M expansion of its Fort Worth 400K sf plant and HQ creating 520 new jobs.
2021 Announcements
19 TIAA, a leading provider of retirement and investment solutions, will construct a new corporate center in Frisco with a $58M investment creating 2,000 new jobs.
20 Boingo Wireless, a wireless network company, will relocate its HQ from Los Angeles to The Star in Frisco housing up to 250 employees.
21 Ruiz Foods, a CA-based frozen food and snack manufacturer, is opening a co-HQ in Frisco creating at least 125 new jobs.
22 Zobele USA, the Canadabased global consumer products company, announces a $30M expansion of its Garland manufacturing facility creating 150 jobs.
23 Morgan Steel, a TN-based carbon steel distributor, announces a new 123K sf distribution facility in Greenville bringing 110 new jobs.
24 Wells Fargo, the San Francisco-based banking giant, will construct a $200M regional campus in Irving housing 4,000 workers in the 800K sf facility.
25 Caterpiller, the Fortune 500 manufacturer of construction and mining equipment, engines, and locomotives, will relocate its HQ from Chicago to Irving.
26 McKinley Packaging, a CA-based paper products and packaging company, will open a 500K sf corrugated box plant in Lancaster creating 125 new jobs.
27 B9Creations, a SD-based 3D printing hardware and software company, announces a new location in Lewisville with plans to hire 25 workers.
28 Review Wave, a SaaSbased marketing company, announces a relocation from Irvine, CA to McKinney creating 73 new high-tech jobs.
29 Gerdau, the Brazilian steel producer, announces the expansion and modernization of its Midlothian facility that employs 900 workers.
30 Riot Blockchain, a CO-based bitcoin mining and hosting company, announces a $333M investment at a Navarro County site.
31 Apollo USA, a CA-based promotional products company, plans a 70K sf Texas HQ and manufacturing facility in North Richland Hills.
32 Delta Electronics, a CAbased global electronics manufacturer, announces a new 400K sf office and manufacturing tech campus in Plano creating hundreds of jobs.
33 SKSignet, a South Koreanbased conglomerate, announces a 136K sf EV charger manufacturing facility in Plano creating up to 183 jobs.
34 Nexperia, a Netherlandsbased semiconductor company, announces its first U.S. R&D center in Richardson hiring a least 20 new positions.
35 Texas Instruments, a leading semiconductor manufacturer, begins 300mm wafer fab production at a new 630K sf facility in Richardson employing 488.
36 Anything Liquid Manufacturing, a dietary supplement firm, will relocate from Carlsbad, CA to Richland Hills with plans to hire locally.
37 Integrated Defense Products, a specialized parts manufacturer for the defense industry, announces a relocation from Oxnard to Rockwall creating 30 new jobs.
38 GlobiTech, a Taiwanese semiconductor supply company, selects Sherman for a $5B silicon wafer plant that will create up to 1,500 jobs.
39 MainFreight USA, a New Zealand-based freight forwarding company, opens a 400K sf warehouse in the Town of Northlake.
40 Deloitte, a leading accounting and professional services company, will undergo a $300M expansion of its campus in Westlake to 225 acres.
41 Nike, the OR-based athletic gear giant, announces a $60M distribution facility in Wilmer bringing up to 600 new jobs.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 128 BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS 42 MD7 LLC 218 43 Wallbox USA, Inc. 250 44 Bell Textron 175 45 Hall Technologies 46 Firstsource Healthcare 47 AECOM 48 BackBox 49 Drive Shack Inc. 50 First Foundation Inc. 20 51 Energy Worldnet 50 52 Diab Group 40 53 Wedgewood LLC 54 OrangeGrid, LLC 200 55 Old Gringo 56 Schumacher Electric Corp 57 SmartAction 100 58 Rhino Health Inc. 81 59 Gatik 1,000 60 Northwest Hardwoods 500 61 Wiley X 100 62 Future Foam Inc. 88 63 CarParts.com 104 64 Siteone Landscape Supply, Inc. 125 65 Coury Hospitality
Company Company Company Number of Jobs Created Number of Jobs Created Number of Jobs Created Source: DRC Research
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 9 7 6 5 4 3 2 1 81 80 79 78 77 76 75 74 73 72 71 70 69 68 67 66 65 64 63 62 61 59 58 57 56 55 54 53 52 51 49 48 46 44 43 42 40 39 38 37 36 35 34 33 31 30 29 28 27 26 23 14 13 11 60 50 47 45 41 32 25 24 22 21 20 19 18 17 16 15 12 10 Sherman Navarro Co. 8 Greenville 66 Gordon Ramsay North America 150 67 ThredUp 68 Waymo 2,000 69 Retractable Technologies 70 Amazon.com, Inc. 149 71 Raytheon Company 72 SunOpta Inc 700 73 ProtectAll 185 74 Katapult 100 75 Ribbon Communications 40 76 CarMax, Inc. 77 Firehawk Aerospace 300 78 30 79 Evolve Biologics 300 80 Texas Instruments 3,000 81 34 44 Company Company Number of Jobs Created Number of Jobs Created BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS 129 Shell & Whitmore Reliability Solutions Restaurant Revolution Technologies
Small Business
According to the Small Business Administration (SBA), businesses with fewer than 500 employees represented roughly 99.7 percent of all employers nationally, created 62 percent of net new private-sector jobs, and accounted for 40 percent of private payroll. In Dallas-Fort Worth, small business is a vital part of our economic success because of its entrepreneurial spirit and drive for innovation.
North Texas Small Business Development Centers
An SBDC conducts research, counsels, and trains business people in managing, financing, and operating small businesses, providing comprehensive information services and access to experts in a variety of fields. Each SBDC encourages unique local efforts to meet small business needs in its area.
Collin SBDC
Serving: Collin County Area
Hosting Agency: Collin College
Dallas Metropolitan SBDC
Serving: Dallas County Area
Hosting Agency: The Bill Priest Institute of Dallas College
Navarro SBDC
Serving: Ellis, Freestone, Limestone, and Navarro Counties
Hosting Agency: Navarro College
North Central Texas SBDC
Serving: Cooke, Denton, and Montague Counties
Hosting Agency: North Central Texas College Paris
Serving: Delta, Hopkins, Hunt, Lamar, and Red River Counties
Hosting Agency: Paris Junior College
Tarrant SBDC
Serving: Tarrant County
Hosting
Tarrant County College
Trinity Valley SBDC
Serving: Anderson, Henderson, Kaufman, Rains, and Van Zandt Counties
75% of establishments in the DFW Region have fewer than 100 employees.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 130 BUSINESS & ECONOMY | SMALL BUSINESS
SBDC
Agency:
Hosting Agency:
College Source: North Texas SBDC Network
Trinity Valley Community
Micro Small Medium Large Forestry, Fishing, Hunting, & Agriculture Support (115) Mining (966) Utilities (266) Construction (13,042) M Manufacturing (5,580) Wholesale Trade (5,580) Retail Trade (20,820) Transportation & Warehousing (4,968) I Information (3,375) Finance & Insurance (12,050) Real Estate, Rental, & Leasing (9,729) Professional, Scientific, & Technical Services (23,029) Management of Companies & Enterprises (1,759) Admin, Support, Waste Mgt, Remediation Services (9,338) Educational Services (2,390) Health Care & Social Assistance (20,913) Arts, Entertainment, & Recreation (2,454) Accommodation & Food Services (16,288) OTHER Other Services (Except Public Administration) (14,077) = Total (170,532) Industry (Total Establishments) Fewer than 10 employees 10-99 employees 100-499 employees More than 500 employees 89.6% 9.6% 0.0% 0.0% 62.9% 19.9% 5.7% 11.5% 35.3% 10.9% 7.5% 74.1% 21.0% 2.6% 2.3% 47.3% 30.6% 7.9% 14.1% 53.6% 19.7% 7.5% 19.2% 47.2% 12.4% 3.1% 55.1% 15.4% 5.5% 24.0% 36.3% 11.2% 3.7% 44.2% 7.6% 5.8% 61.1% 8.1% 5.6% 25.2% 77.2% 12.3% 2.6% 7.9% 6.4% 9.4% 11.7% 72.5% 58.5% 18.8% 4.5% 18.3% 61.1% 24.9% 7.8% 6.2% 58.2% 20.7% 4.1% 17.1% 61.3% 20.8% 5.2% 12.8% 36.8% 31.1% 6.0% 26.1% 72.2% 19.4% 3.0% 5.3% 57.4% 17.6% 4.5% 20.6% 46.2% 37.3% 48.8% 42.3% Source: US Census Bureau
Many industry lists recognize and honor success, innovation, and growth in startups and small businesses. Inc. Magazine’s Inc. 5000 and Deloitte’s North America Technology Fast 500 are two of the best known. Inc. 5000 ranks the nation’s fastest-growing private companies. To qualify, companies must be U.S.based, privately held, and independent and should be able to show three full calendar years of sales. Deloitte ranks the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech, and energy tech sectors based on 3-year revenue growth. Fast 500 companies have been in business for at least four years; have operating revenues of at least $50,000 in the first fiscal year of competition; have operating revenues of at least $5 million in the last fiscal year of competition; and own proprietary intellectual property or technology that contributes to operating revenues.
Inc. 500: America’s Fastest-Growing Private Companies
15 companies in Dallas-Fort Worth made the Inc. 500 list in 2022, and a total of 188 companies were listed in the Inc. 5000.
Deloitte Technology Fast 500 7 companies in Dallas-Fort Worth made the list in 2022.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 131 Rank Company Growth Industry City 4 eTrueNorth 42,428% Health Services Mansfield 13 StaffDNA 19,699% Health Services Plano 17 Blue Hammer Roofing 15,911% Construction Dallas 116 TimelyMD 3,852% Health Services Fort Worth 142 Curis Functional Health 3,380% Health Services Farmers Branch 148 SmartLight Analytics 3,317% Software Plano 172 Forester Haynie 2,984% Legal Dallas 212 Apple Blvd 2,555% Consumer Products Frisco 340 Albers Aerospace 1,700% Engineering McKinney 400 The Indoor Golf Shop 1,507% Consumer Products Celina 406 Avara 1,493% Retail Dallas 425 Tradebloc 1,444% Consumer Services Dallas 433 KeyCity Capital 1,428% Financial Services Southlake 466 Archer Review 1,341% Education Dallas 495 Aptino 1,255% IT Services Irving Rank Company Growth Industry City 149 Brainvire Infotech Inc. 972% Software & services Plano 212 ACCELQ 711% Software & services Dallas 240 Aligned Data Centers 638% Communications/networking Plano 396 o9 Solutions 330% Software & services Dallas 426 Qentelli LLC 298% Software & services Dallas 461 Appspace 269% Software & services Dallas 481 Zimperium 252% Software & services Dallas BUSINESS & ECONOMY | SMALL BUSINESS
1 7 2 8 3 9 4 10 5 11 12 13 14 15 6 1 7 2 3 4 5 6
7 6 5 4 3 1 9 8 7 6 5 4 3 2 1 15 14 13 12 11 10 2 Sources: Inc. Magazine, Deloitte
International Companies
The Dallas-Fort Worth region is home to an impressive group of foreign-based subsidiaries, hosting North American headquarters or major operations. International corporate investment in the region reflects the strength and diversity of the DFW economy and stellar access to U.S. and global markets by ground or air, especially through Dallas Fort Worth International Airport.
Dallas-Fort Worth International Companies
Sample U.S. Headquarters and International Subsidiaries in the DFW Region
7-Eleven (Japan)
Accenture (Ireland)
Andritz Separation (Austria)
Anheuser-Busch (Belgium)
Atos NA (France)
Balfour Beatty (England)
Bimbo Bakeries USA (Mexico)
Bombardier Aviation Services (Canada)
Chubb Group (Switzerland)
Cinepolis USA (Mexico)
Colliers International (Canada)
Delta Electronics USA (Taiwan)
Epiroc (Sweden)
Fresenius Medical Care (Germany)
Fujitsu America (Japan)
Gerdau (Brazil)
GKN Aerospace (England)
Hempel USA (Denmark)
HOYA Vision Care NA (Japan)
Indorama Ventures (Thailand)
Interceramic (Mexico)
KPMG (The Netherlands)
Kubota Tractor (Japan)
Lehigh Hanson (Germany)
LG Electronics USA (South Korea)
Megger (England)
MORSCO (Australia)
NTT Data (Japan)
Panini America (Italy)
Randstad Technologies (The Netherlands)
Safran USA (France)
Samsung US (South Korea)
Siemens (Germany)
Signet Jewelers (Bermuda)
Smith & Nephew (England)
SMS Infocomm (Taiwan)
Smurfit Kappa (Ireland)
Sodexo (France)
STMicroelectronics (Switzerland)
TATA Consultancy Services (India)
Tech Mahindra Americas (India)
The Apparel Group (China)
Thomson Reutersv (Canada)
T-Mobile (Germany)
Toyota Connected (Japan)
Trend Micro NA (Japan)
Unilever USA (The Netherlands)
Vicostone USA (Vietnam)
Webber LLC (Spain)
ZTE USA (China)
Honorary Consuls & Consuls General Serving Dallas-Fort Worth
EB-5 Investment Visa Program
The EB-5 Investment Visa Program is the immigrant visa category for foreign entrepreneurs and investors. EB-5 allows a foreign national to obtain lawful permanent resident (LPR) status in the United States for self, a spouse, and unmarried children under age 21 in return for making a qualified investment in a U.S. enterprise. Program authorization runs through 2027.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 132 BUSINESS & ECONOMY | INTERNATIONAL COMPANIES
Belgium Belize Cambodia Canada Chile Cote d’Ivoire Denmark Ecuador El Salvador Fiji Finland France Germany Guatemala Honduras Iceland Italy Japan Korea Malta Mexico Monaco Morocco Netherlands Norway Paraguay Peru Philippines Romania Sierra Leone Slovak Republic South Africa Spain Sri Lanka Sweden Switzerland Taiwan Tunisia United Kingdom Uruguay
Approved EB-5 Regional Centers with North Texas Coverage: CDRC | City of Dallas Regional Center cdrc.us Civitas Texas Regional Center civitascapital.com Texas EB-5 Regional Center/ US Freedom Capital-Texas txeb5rc.com Texas Regional Center, LLC trceb5.com
1. Nokia is a Finland-based company which designs, develops, and builds communications networks. The U.S. headquarters, located in Dallas, hosts an Executive Experience Center where customers can engage in immersive live demos of Nokia products and solutions.
2. Tetra Pak is a Swedish food processing and packaging solutions company focused on providing innovative and environmentally sound products. Tetra Pak operates a manufacturing plant in Denton.
3. Airbus Helicopters is a division of Netherlands-based Airbus, a global leader in aeronautics, space, and related services. As the world’s leading helicopter manufacturer, the Grand Prairie headquarters provides civil and military solutions for customers who serve, protect, and save lives in highly demanding environments.
4. Infosys is an Indiabased global leader in nextgeneration digital services
and consulting. With a large presence in Richardson, Infosys Americas is focused on artificial intelligence, machine learning, user experience design, and technologies that enhance cloud and big data services.
5. EssilorLuxottica is a global leader in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses based in France. The merger of industry pioneers in lens technologies and iconic eyewear created a verticallyintegrated business that focuses on vision as a basic human right and lever for global development. Farmers Branch is home to Essilor of America headquarters.
6. Hilti is a Liechtensteinbased company that develops, manufactures, and markets products for the construction, building maintenance, and mining industries. The North American headquarters is in Plano.
7. Elbit Systems is an Israeli high-tech company and a leading global source of innovative,
technology-based systems for diverse defense and commercial applications with a regional headquarters in Fort Worth.
8. GRUMA is the world’s largest manufacturer of corn and flour tortillas based in Mexico. GRUMA began its operations in Texas in 1982 and is the present-day parent company of Mission Foods Corp. based in Irving.
9. NEC Corporation is a Japanese multinational provider of IT services and products, enterprise solutions, servers, telecom products and services, and consumer electronics. NEC Corporation of America is the company’s principal subsidiary located in Irving.
10. BT Americas is the North American subsidiary of UKbased BT Group, which provides information and communications services, as well as network equipment, network services, software, business solutions, and integrated data services to corporations around the world. BT Americas is headquartered in Irving.
11. Santander is a Spanish multinational financial services company. Its subsidiary, Santander Consumer USA, which provides vehicle financing, is headquartered in Dallas.
12. Toyota Motor Corporation, the leading global automobile manufacturer based in Japan, operates its North American headquarters in Plano, including Toyota Motor Sales, Toyota Motor Engineering & Manufacturing, and Toyota Connected.
13. Galderma USA, based in downtown Dallas, is a subsidiary of its Swiss-based parent, the world leader in providing science-based skin health solutions to health care professionals and their patients at all ages and stages of life.
14. Ericsson is one of the leading providers of information and communication technology. The company maintains a comprehensive portfolio that ranges across networks, cloud software services, and emerging business. Ericsson’s North America headquarters is in Plano.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 133 BUSINESS & ECONOMY | INTERNATIONAL COMPANIES
9 8 7 6 5 4 3 2 13 12 14 10 11 1 Parent Company Region/Country Americas Australia France Germany Japan Other Asia Other Europe United Kingdom Source: BusinessWise; D&B Hoovers
Global Trade
According to the International Trade Administration, the Dallas metropolitan area was the 6th largest export market in the U.S. in 2021 with merchandise shipments totalling $43.2 billion. This accounts for 9.5 percent of Texas goods exports.
The latest data available indicates that 8,641 companies exported goods from the Dallas metropolitan area. Of these, 87 percent were small- or medium-sized exporters (SMEs) with fewer than 500 employees. Top export market regions include those covered by the Asia Pacific Economic Co-operation (APEC) and the Organisation for Economic Co-operation and Development (OECD).
The top Dallas-Fort Worth area export market countries included USMCA partners Mexico and Canada, as well as Taiwan, South Korea, China, Japan, Singapore, the Netherlands, Germany, Vietnam, and India.
Expansion of the DFW global trade footprint is a primary reason why the region’s Gross Metropolitan Product is the fastest growing among major metropolitan areas over the last decade. The DFW economy punches above its weight: While the region accounts for 26 percent of the population in Texas, the DFW share of the Texas economy is 28 percent.
DFW Trade Around the World 2022 Top Trading Partners—DFW Trade District
DFW 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, and Tulsa. However, the DFW region represents 97 percent of the total value of goods traded in the entire trade district.
Exports from DFW to Select Economic Regions
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 134 BUSINESS & ECONOMY | GLOBAL TRADE $0.4 $0.5 $0.6 $0.6 $1.3 $4.4 $6.5 $7.5 $7.8 $15.2 $19.4 $19.5 So uth/C entra l A merica Afr ica Au stra lia a nd Ocea nia OP EC L AF TA AS EA N Eur opea n U nion N ATO Eur ope OEC D As ia AP EC $0 $5B $10B $15B $20B
(2022)
33% Exports 67% Imports $90.2
Billion
United Kingdom $2.9 Billion Canada $8.5 Billion 29.1% Exports 70.9% Imports
2.1% Exports 97.9% Imports
Total Value of Goods in U.S. Dollars
Source: USA Trade Online
Note on differing export measurements: USA Trade Online reports exports from final port of exit (e.g. goods bound for export from DFW that pass through other ports, like LAX, will be counted as an export from LAX), while US International Trade Administration reports exports from port of origin.
DFW Trade with Target Markets*
*Factors used to determine target market status include direct flights, foreign direct investment, trade volume, business environment compatibility and populationrelated statistics. Six additional target markets are also top trading partners: Canada, China, Germany, Japan, South Korea, and the United Kingdom.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 135 BUSINESS & ECONOMY | GLOBAL TRADE
DFW Export Sectors Trade Deficit Trade Surplus Japan 45.8% Exports 54.2% Imports $4.1 Billion Malaysia Taiwan $2.7 Billion Vietnam $14.1 Billion Germany $2.3 Billion $7.2 Billion 62.3% Exports 37.7% Imports 18.7% Exports 81.3% Imports 6.9% Exports 93.1% Imports 46.4% Exports 53.6% Imports South Korea $5.9 Billion 64.9% Exports 35.1% Imports China $14.7 Billion 18.1% Exports 81.9% Imports Ireland $2.5 Billion 4.8% Exports 95.2% Imports 25.7% Exports 74.3% Imports 60.7% Exports 39.3% Imports 47.7% Exports 52.3% Imports 59.2% Exports 40.8% Imports France $1,941.6 Million Mexico $1,967 Million Australia $831.3 Million Spain $331.3 Million
Top
Trade Value (In Billions) % of DFW Exports Aerospace Product and Parts Manufacturing $5.8 13.4% Communications Equipment Manufacturing $4.4 10.2% Semiconductor and Other Electronic Component Manufacturing $4.1 9.5% Motor Vehicle Manufacturing $3.7 8.6% Motor Vehicle Parts Manufacturing $2.2 5.1%
Source: USA Trade Online Source: USA Trade Online Source: International Trade Administration
The Innovation Ecosystem Innovation Districts Centers of Excellence Innovation 2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 137 Illustration: KrulUA/iStock
The Innovation Ecosystem
Texas is arguably the No. 1 state in the country in which to do business, and Dallas-Fort Worth is one of the best places in the country for entrepreneurs. An explosion of startups, coworking spaces, incubators, and accelerators are building a thriving ecosystem in DFW.
The North Texas Innovation Alliance
Formed in 2020, The North Texas Innovation Alliance (NTXIA) is a 501(c)(3) consortium of cross-sector partners across North Texas with the mission to be the most connected, smart, and resilient region in the country. The NTXIA is the largest smart-region effort of its kind in the United States. The organization is also a founding member of the National Smart Coalition Partnership, representing smart cities networks comprising 100+ innovative local governments, companies, and universities. NTXIA seeks to lower the barriers to deploying, replicating, and scaling smart solutions through partnership building, best practice sharing, and education. Areas of immediate focus include mobility; broadband initiatives and multi-function investments; funding models and legal agreements; data and cybersecurity; digitization and service delivery; and sustainability and resiliency. For more information, please visit www.NTXIA.org.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 138 CoLAB Backlot Ensemble The Makerspace at Walsh Benbrook Makerspace Panther Lab Makerspace AccelerateDFW TECH Fort Worth Alcon Experience Center Common Desk WeWork Deloitte Greenhouse Innovation Locavore WorkLodge CityCentral Western Heritage Center Bell Manufacturing Technology Center Fort Worth Coffee Co. Techstars Physical Health Fort Worth Tarrant County Makerspace Spaces BLANC 76107 collective Rising Tide Initiative 2023
Dallas’ digital infrastructure and environment are among the top 10 global metros.
— fDi Intelligence
Dallas is one of the top 10 hottest startup communities in America.
— Inc. Magazine
INNOVATION | INNOVATION ECOSYSTEM
DFW is home to one of four satellite offices of the United States Patent & Trademark Office.
The
UNT Factory
Stoke
Greenhouse Lab
Sabre Innovation Hub
Spaces
GameStop Technology Institute
NTEETC
Pinn Station
UTA Blackstone LaunchPad
ATOS Business Technology & Innovation Center
Union Worx
TechFW@UTA UTA FabLab StartupLounge
Ericsson Experience Center
Cowork Suites Dallas Makerspace
Collective Office IBM Innovation Center
NEC Executive Briefing Center
NTT Data Collaboration Center
25N Coworking
Makerspace at Sci-Tech Discovery Center
WeWork
WeWork
City Central
Common Desk Spaces
Common Desk
Capital One Garage
Addison Treehouse
Common Desk
Microsoft Technology Center Essilor Innovation Center
Parkland Center for Clinical Innovation
Inspire Park Biocenter
Industrious
Toyota Connected
AT&T Foundry
USAA Innovation Lab City Central
Samsung Research America
TheLab.ms
City Central Venture X
Blackstone LaunchPad UTDesign Makerspace
TI Kilby Labs
Revolving Kitchen
DFW Global CoWork
Venture X Engage Moneygram Innovation Lab
SMU DIG
Common Desk
SMU Incubator
The Mix
COWORKING MAKERSPACE INCUBATOR OR ACCELERATOR
CORPORATE INNOVATION OR EXPERIENCE CENTER
Rockwall Openspace Intelligent Office
The Slate
Children’s Health Innovation Lab
Arts Mission Oak Cliff
Tyler-Station Wax Space
Women Veterans’ Enterprise Center
Red Bird Entrepreneur Center UNTD Paul Quinn College
TheBoardDrawing Venture X Tech Culture McKinney BOSS Office NuvoDesk WeWork +1Labs Match Group Blackstone Launchpad at UTSW Pegasus Park BioLabs MassChallenge HealthWildcatters Spaces The Center NTX Venture X Saltbox Saltbox Varispace Lockheed Martin Innovation Center Carmax Innovation Center Garland Area Makerspace Design District Cowork Caddo Venture X UTD CENT-IQ Venture Development Center Spark Coworking Common Desk Common Desk Hexa Work214 Varispace Common Desk Business Lounge Dallas Varispace WeWork Tech Wildcatters Spaces Spaces Old Town Headquarters Serendipity Labs The Office in Mansfield Colleyville Business Center WorkTank Common Desk The Workshop Caddo The Office at Cedar Hill Serendipity Labs Caddo Caddo Caddo Caddo Caddo Caddo Common Desk 2023 45 35 30 GeniusDen The Cedars Union Acme Creation Lab USPTO Regional O ice AT&T Executive Briefing Center / Discovery District Spaces Good Coworking 717 Harwood Expansive WeWork BCBS C1 Innovation Lab Sam’s Club Innovation Center Common Desk Industrious Common Desk RevTech United Way Social Innovation Accelerator Impact Ventures CoLab Bill J. Priest Institute EY Cybersecurity Center WeWork Common Desk Hatchways Kings Club Spaces NEP Studios Common Desk Industrious City Central Harwood Flex INNOVATION | INNOVATION ECOSYSTEM 139
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE ! ! ! !
The Maker Spot Forge
Rockwall Makerspace
Formation
Dallas Urban Innovation Corridor
As the region’s ultimate confluence of startups, corporations, capital, universities, housing, and retail, this corridor could be Dallas’ answer to California’s famed Sand Hill Road. Connected with transit and trails, and lined with coffee shops and parks, here you will find a vibrant, walkable community fueled by idea generation and innovation.
The Crescent and Old Parkland
The center of private equity, family office, and venture capital firms, The Crescent and Old Parkland are two of the most prominent places in Dallas for capital.
The West End
The collection of historic buildings is home to some of Dallas’ most innovative ideas. The neighborhood is a growing residential district with corporate innovation centers, creative firms, a smart cities “living lab,” and high-growth startups.
2023 WOODALL RODGERS FREEWAY Cedar Springs Rd Reverchon Park KlydeWarrenPark KatyTrail Belo Garden McKinney Ave West End Square Park Lerma USPTO Regional O ce GigWage Beck Technology FactorySix03 Broadjump Sam’s Club Innovation Center C1 Innovation Lab Vision 2 Common Desk RevTech United Way’s Social Innovation Accelerator Spaces WeWork The Centrum LTK (formerly RewardStyle) UT McCombs MBA at Dallas/Fort Worth Campus EY Cybersecurity Center Perot Companies Cyrus One InfoMart Equinix IBM Medecision Stackpath Databank Coding Dojo Dallas College The Crescent Old Parkland Robokind CodeUp Shokworks Integrity Marketing Group RNA Robotics NectarOM Veryable MVP Index Salesforce ISN Bluebeam Venture [x]cube Labs Zirtue Pandora WeWork OpTic Gaming Zinwave Galderma Goldman Common UT Southwestern and Pegasus Park 3.1 MILES AWAY One of the premier academic medical centers in the nation and nearby biohub, incubator, and center for biomedical innovation.
Old Parkland The West End
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 140 INNOVATION | INNOVATION DISTRICTS Pegasus Park Dallas Love Field 3.4 MILES AWAY
SMU
SMU, a nationally ranked comprehensive research university with numerous centers and institutes, is only 3 miles from Uptown. The Cox School of Business ranks among the top business schools nationally.
Deep Ellum
One of Dallas’ most iconic neighborhoods is home to hundreds of bars and restaurants and is an incubator for creatives and entrepreneurs. New developments include The Stack, The Epic, The Assembly, and Mark Cuban Cost Plus Drug Company.
GSV Labs at SoGood
Hoque Global is partnering with GSV Ventures to build a startup incubator in the SoGood development.
AT&T Discovery District
Part of a $100 million investment AT&T made to improve its downtown headquarters, the Discovery District is a first-of-its-kind “urban tech campus,” a showcase for new technology and innovation, and a green space with arts, music, food, and retail.
Clusters
of
innovation
activity exist all across Dallas-Fort Worth. Below are just a few examples:
Arlington
Esports Stadium Arlington is one of the largest dedicated esports facilities in North America, with 100,000 square feet of tournament and gaming space. It is operated by OpTic Gaming. Spark, a coworking and incubator space, opened nearby as part of the Texas Live! expansion.
Denton
Stoke Denton is a collaborative coworking center that brings community tech events, assists startups, and creates local jobs. Startup weekends and hackathons hosted by the University of North Texas’ Innovation Greenhouse and by local tech freelancers give novice and seasoned entrepreneurs opportunities to pitch ideas and start businesses.
Alliance Mobility Innovation Zone (MIZ)
Hillwood’s AllianceTexas in north Fort Worth offers mobility companies full access to an extensive testing ecosystem, resources, and partnerships essential to comprehensively test, scale, and commercialize their technologies.
Frisco
The City of Frisco focuses on innovation across multiple verticals, including smart city technologies, fintech, cybersecurity and sports/esports. A new innovation hub is currently in the works, with a proposed launch date of Q4 in 2023. This space, located on the 6th floor of the Baylor, Scott & White Sports Therapy & Research Building at The Star, will convene startups, investors, and business leaders and focus on innovation in the areas of human performance and human potential in business, sports, healthcare, and emerging tech.
Mansfield
The Mansfield Innovation Community, or “The MIC,” is set to be the epicenter of a multiphase, one million-square-foot development. This mixed-use hub will include a GSV Labs Innovation Center. Phase 1 and its Class A+ offices are expected to open by Summer 2025.
McKinney
McKinney EDC’s Innovation Fund is designed to help companies scale through “Seed to Series A” in the investment cycle and to invest in small startups at the ideation stage.
2023 141 FREEWAY Main Street Garden Paci c Plaza MainSt. GigWage Technology SoGood AT&T Discovery District East Quarter Dialexa OMG Therabody Talisker Cvent Kibo Roofstock ReelFX Databank The Epic Uber Spaces Per Scholas Traxo Shokworks Industrious The Stack TRG Bestow Worldwide Express ZixCorp ISN Software Bluebeam Venture X Work214
Galderma Goldman Sachs Common Desk Kickbox
Charlie Uniform Tango Industrious General Assembly
AT&T Discovery District
Deep Ellum
SMU INNOVATION | INNOVATION DISTRICTS
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Fort Worth Medical Innovation District
In the Near Southside district, Fort Worth’s growing medical industry is joining forces with its local entrepreneur community to explore new and exciting frontiers in the medical and biotech industries. The 1,200-acre district is designed to attract top talent with a variety of places to live, work, play, and collaborate on new health advancements. www.nearsouthsidefw.org/medical-district.html
The Richardson IQ
Built on the area’s rich history of innovation and entrepreneurship, the Richardson Innovation Quarter (IQ) has been precision-engineered to foster growth, attract and retain talent, and encourage collaboration. Today, The Richardson IQ is home to video game giant id Software and a nano-tech lab operated by Zyvex. Honeywell manufactures sensors here, and Raytheon’s EO Innovations makes optical lenses. Digital Realty currently oversees nearly one million square feet of data centers. Ericsson, Verizon, Siemens, and Argo Data all have offices here. In 2022, the University of Texas at Dallas (UTD) and the City of Richardson opened the IQ-HQ, a new 27,500-squarefoot collaboration space. Along with coworking, office, and lab space, the building houses five UTD research centers under the umbrella of the Centers for Emergent Novel Technology (CENT-IQ). The new research hub will contain the Center for Applied AI & Machine Learning, the Center for Imaging and Surgical Innovation, the Multi-Scale Integrated Interactive Intelligent Sensing Center, the Center for Smart and Connected Mobility, and the Center for Applied AI. richardsoniq.com
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 142 INNOVATION | INNOVATION DISTRICTS
South Main Magnolia Ave. 8th A ve. Rosedale St
NEW
BUSINESS | CREATIVE | EDUCATION | IMPACT | INVENTION | STARTUP DALLASINNOVATES.COM A COLLABORATION OF THE DALLAS REGIONAL CHAMBER AND DALLAS NEXT
DISCOVER WHAT’S
+ NEXT IN DALLAS-FORT WORTH
Snapshot of Centers of Excellence in DFW Business Services
Accenture, a leading global professional services company that helps organizations build their digital core and accelerate growth, employs more than 2,800 people in the region. The Cloud Innovation Center at its Irving office provides tailored solutions to Fortune 500 clients.
Deloitte has its University Leadership Center in Westlake, where employees develop business solutions using robotics, holography, digital reality, and other emerging technologies.
NTT Data Services, the Plano division of the Japan-based company, opened its North American Innovation Center in 2022. The center focuses on customer-facing tech, including areas like 5G, smart city planning, and “digital humans”— virtual models of the human body for medical research.
Wipro has a cybersecurity center and hub for advanced analytics at its Texas Technology Center in Plano.
Atos North American headquarters in Irving is home to its Google Cloud Artificial Intelligence lab.
Hitachi Vantara opened the Hitachi Application Reliability Center as their first physical cloud and engineering “center of excellence” in North America. It expects to employ 120 workers in Dallas by 2025.
West Monroe, with over 100 employees in Dallas, is a national business and
Advanced Manufacturing
Texas Instruments broke ground on a new 500acre, 4.7 million-squarefoot semiconductor wafer fabrication plant in Sherman in 2022.
Elbit Systems of America, which is headquartered in Fort Worth, produces high performance components for weapons systems in the F-35 fighter jet and V-22 tiltrotor aircraft.
Bombardier manufactures an advanced wing design for its Global 7500 luxury business jet. The Red Oak plant is expanding to employ 1,100 people.
MP Materials is building a
200,000-square-foot rare earth metal, alloy, and magnet manufacturing facility in Fort Worth. The facility will also serve as the business and engineering headquarters for its growing magnetics division, MP Magnetics.
Ericsson opened a $100 million, next-generation smart manufacturing factory in Lewisville in 2020. The factory produces 5G and Advanced Antenna System radios.
Raytheon opened a 200,000-square-foot factory in McKinney. The new facility specializes in intelligence, surveillance,
technology consulting firm helping clients across industries with M&A, Customer Experience, Operational Excellence, and Technology Services.
Cognizant, based in Irving, employs 1,100 technology professionals. Its new 69,000-square-foot Plano location will employ 500, primarily software developers.
Splunk Inc. has expanded to 84,000 square feet of office space in Plano, housing 450 employees at a global innovation hub.
Infosys has its Texas Technology and Innovation Hub in Richardson. The office is home to 500 employees focusing on digital transformations in the telecommunications, retail, and banking industries.
and reconnaissance systems, including electro-optical manufacturing and the production of high-energy laser systems.
Delta Electronics, a Taiwanbased global electronics maker, is building a 400,000-square-
foot research, development, and manufacturing hub in Plano.
Wallbox , a Barcelona-based EV Charging Tech company, opened a $70 million, 130,000-square-foot Arlington manufacturing facility in 2022.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 144 INNOVATION | CENTERS OF EXCELLENCE
Accenture
Rendering of MP Materials facility in Fort Worth
Deloitte University
Biotech
Pegasus Park is a 23acre campus, just north of downtown Dallas. It is home to biotech startups and a 37,000-square-foot BioLabs wetlab space, as well as MassChallenge and HealthWildcatters startup accelerators. UT Southwestern also occupies 180,000 square feet for 900 employees. Bridge Labs, a 135,000-squarefoot purpose-built lab and R&D expansion, will open in 2024. The campus can add roughly one million square feet of future development.
Evolve Biologics is building a 200,000-square-foot, stateof-the-art manufacturing facility in Sachse. The new location will bring 300 jobs.
Retail
Toshiba Global Commerce Solutions looks to “reimagine the store of the future” with a new 14,000-square-foot innovation and incubation hub in Frisco. It will focus on cloud development, computer vision, and retail
Cybersecurity
Verily (formerly Google Life Sciences), the research company for Alphabet devoted to the study of life sciences, opened a Cypress Waters office in 2022 bringing over 100 jobs.
Techstars Physical Health Fort Worth Accelerator, in partnership with Goff Capital and the UNT Health Science Center at Fort Worth (HSC), supports and funds earlystage startups building new technologies, treatments, and therapies in the physical health space.
Dallas Fort Worth International Airport operates a 37,000-squarefoot cold chain storage
facility. It allows the refrigerated storage and rapid delivery to and from our region of temperature and time-sensitive pharmaceuticals.
McKesson, a Fortune 10 company and the nation’s largest pharmaceutical distributor, is headquartered in Irving, where it’s leading a data analytics initiative to improve patient health outcomes.
Fintech and Insurtech
Bank of Montreal is opening a tech hub in Irving, adding to its 250-person DFW workforce. It will focus on cybersecurity, engineering, development, and financial crimes and will be its first tech hub outside of Toronto.
PNC Bank opened its North Texas Technology and Innovation Hub in Farmers Branch in 2022. This space will employ 200 working on systems architecture, user experience, and cybersecurity.
Bank of America has over 14,000 workers in DFW, including 8,500 tech and operations workers. They also maintain a significant cybersecurity operation in DFW.
IoT. The hub will employ 150 people by 2024.
Walmart has expanded its drone delivery partnership with Virginia-based DroneUp in DFW. Wing, a subsidiary of Alphabet, opened its second U.S. remote operations center in Coppell in 2022.
McAfee, the global online protection provider, announced that it will open a new regional headquarters at The Star in Frisco in 2023.
Taiwan’s TXOne Networks, which focuses on operational technology networks and devices, is opening an Americas HQ in the Urban Towers complex in Las Colinas.
TrendMicro, an IT security company, operates its US HQ in Irving employing engineers and software developers tackling hardware and software vulnerabilities in IoT environments, including smart manufacturing, smart cities, and smart energy.
Citigroup hosts one of two global Security Operations Centers in Irving where the company employs its largest concentration of technology positions.
Trellix , a $1.7 billion cybersecurity firm created by the merger of McAfee and FireEye, will open an 85,000-square-foot office in Legacy West.
Sam’s Club Innovation Center in Downtown Dallas has over 200 engineers, designers, and product managers working on everything from mobile apps to machine learning to computer vision.
Wells Fargo is constructing a nearly 900,000-square-foot regional campus in Irving. The facility will house more than 3,000 workers when it opens in 2025.
▲Blue Cross Blue Shield C1
Innovation Lab anchors the West End of Downtown Dallas where it houses a cybersecurity center and design think studio.
Capital One Financial Services opened The Garage in Plano, a 36,000-square-foot space occupied by product managers, software engineers, and designers.
Vanguard opened a new office in Plano that includes IT professionals supporting its broader advice services.
Charles Schwab relocated its HQ to a new 70-acre campus in Westlake in 2021 that will be home to hundreds of tech workers, including software and network engineers, cybersecurity professionals, and solutions and application architects.
Continues on Page 146
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 145 INNOVATION | CENTERS OF EXCELLENCE
Pegasus Park
Photo: greenbutterfly/iStock
Seattle Companies in DFW
Amazon continues to invest in its Dallas Tech Hub, adding over 600 jobs to support various business functions. Key roles being added include cloud infrastructure architects, software engineers, product managers, and user experience designers. Microsoft operates a campus and Technology Center in Las Colinas, one of their largest hubs in the U.S. A recent $31 million facility investment was designed to help accelerate the adoption of cloud technology in regulated industries, such as the U.S. federal government, health care, and financial services.
Slalom, a global consulting firm with a team of more than 350 consultants in Dallas, works with many area Fortune 100 companies helping drive innovation and complex transformation projects.
Emerging Technology
Artificial Intelligence
With a strong community of 5,000+ AI enthusiasts, Dallas AI is the largest nonprofit AI forum in DFW. The diverse community includes senior corporate leaders to fresh graduates and professionals. The group hosts educational talks and workshops, partnering with top companies and academia at the forefront of AI research, including Google, Microsoft, IBM, Verizon, and more.
Blockchain and DLT
Texas Blockchain Council is a nonprofit industry association working to make the State of Texas the jurisdiction of choice for bitcoin, blockchain, and digital asset innovation.
Richardson’s Hedera Hashgraph is a leader in enterprise-ready Distributed Ledger Technology (DLT). Their technology can handle more than 100,000 transactions per second.
Sample of Silicon Valley Companies Operating in DFW
Cisco Equinix
Facebook Fundbox
Google
HP
Intuit
Kodiak Robotics
McAfee
Oracle
Palo Alto Networks
Pivotal Salesforce Splunk Symantec Synopsys TripActions
Uber
VMWare
Fintech and Insurtech
(Continued from Page 145 )
Web3 / AR and VR
Building on a deep history of video game development and software engineering, these DFW companies are creating breakthrough experiences for some of the world’s largest companies.
900lbs
Balanced Media
Bottle Rocket
GrooveJones
M2 Studio
Oculus
Playful Studios
ReelFX
Fidelity has a 332-acre campus in Westlake with more than 6,000 employees. The inhouse R&D lab explores applications for emerging technologies to develop products, such as Fidelity Digital Assets, that execute cryptocurrency and other digital asset trades.
Goldman Sachs will employ almost 5,000 people in a new three-building, one millionsquare-foot campus in Uptown Dallas. The company has been consolidating regional offices, bringing most of its employees to its existing Downtown Dallas office where the technology and operations divisions are located. DFW is its second-largest workforce center behind New York.
Comerica is building a new business and innovation hub at The Star in Frisco. The hub— slated to open in late 2023 or early 2024—will employ around 300 people and offer “crossfunctional collaboration” opportunities.
Intuit operates a 500+ employee facility in Plano which is the headquarters for its Strategic Partner Group. At that location, data scientists, analysts, and UX/UI designers harness data by leveraging AI/machine learning to improve processes for their customers.
JPMorgan Chase has more than 3,000 technologists in the region. Its new 540,000-square-foot, multi-building campus in Plano is home to technology teams from all lines of business.
State Farm’s Live-Work-Play Cityline hub in Richardson is built to house 10,000 employees, many of whom are in enterprise technology and other IT positions.
USAA operates a campus in Plano where the majority of the 1,000+ workers are in IT and digital roles. Activities at the campus range from predictive analytics applied to potential life events, to drone use for disaster assessment.
www.dallas-AI.org
Spacee
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 146 INNOVATION | CENTERS OF EXCELLENCE
Fidelity
Photo: Fidelity
Microsoft Technology Center
The classic real estate mantra “location, location, location” is right on the money when it comes to starting, relocating or expanding your business. Your business can thrive when you put down roots in the right environment. That ideal place is Coppell in the heart of the Dallas-Fort Worth metroplex and minutes from DFW Airport. Find out how sunny your future can be. Call 972-304-3677 and visit coppelltx.gov.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 147 1973 2023
Grapevine’ for 50 years. CHOOSEGRAPEVINETX.COM City of Coppell · P.O. Box 9478, Coppell, Texas 75019-9478 972-304-3677 · coppelltx.gov
‘Growing
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NATURE Highest elevation in DFW 17 Pristine Duncanville City Parks Minutes to Big Cedar Wilderness Trail and Mountain Biking Minutes to Cedar Ridge Preserve Minutes to Joe Pool Lake Urban Access Hometown
l INCENTIVES Commercial/Residential Demolition incentive program and many great Redevelopment opportunities. “Golden Plate” restaurant incentive program. LIVABILITY Cost of Living 4% cheaper than elsewhere in Dallas County Average home price 14% lower than elsewhere in Dallas County REGION Lowest Crime Highest Rated Schools Most Diverse Community Best Sports Programs ...In The Best Southwest PROXIMITY 15 minutes to Downtown Dallas, TX 30 minutes to Fort Worth, TX 30 minutes to DFW airport 3 hours to Austin, TX 3.5 hours to Houston, TX Duncanville Economic Development (972) 780-5090 www.DuncanvilleTX.gov Discover Duncanville
F
Costs & Incentives
Cost of Doing Business
Wages and Salaries
Utilities - Electricity
Utilities - Water, Sewer, Gas, and Telecommunications
Taxes and Union Activity
Real Estate - Office
Real Estate - Industrial
Real Estate - Retail
Corporate Business Climate
Local, State, and Federal Incentives
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 149
iStock
Photo: Szepy via
Cost of Doing Business
When it comes to doing business in a major metropolitan area, it doesn't get much more affordable than Dallas–Fort Worth. Dallas and Fort Worth index well below other major U.S. business centers when it comes to state and local taxes. In terms of the largest corporate expenses—labor and rent—Dallas and Fort Worth also rank well below other major U.S. markets, making the region an attractive place to expand or relocate.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 150 COSTS & INCENTIVES | COST OF DOING BUSINESS
San Francisco (197.7) San Jose (167.3) Los Angeles (119.3) San Diego (140.9) Phoenix (101.5) Denver (106.2) Seattle (112.5) Fort Worth (97.2) Austin (115.2) San Antonio (90.3) Boston Washington, D.C. Los Angeles 134 95 $ 112 149 77 $ 136 106 99 157 147 119 110 109 $ 100 100 Fort Worth Metro Division 80 97 94 99 224 119 95 $
$ 247 306
3% Washington, DC (110.3) Source: Moody’s North American Cost Review 151
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE COSTS & INCENTIVES | COST OF DOING BUSINESS Kansas City (95.0) Atlanta (93.0) Charlotte (90.4) New York (153.5) Boston (133.9) Chicago (102.2) Minneapolis (102.8) Dallas (102.0) Worth (97.2) Houston (96.9) (90.3) ENERGY OVERALL COST LABOR OFFICE RENT TAX BURDEN Philadelphia (98.4)
New York Seattle San Jose San Francisco 207 153 140 $ 264 1040 108 109 133 112 $ 104 92 1040 247 167 $ 115 109 206 1040 198 109 $ 135 1040 100 100 Dallas Metro Division 102 102 119 92 94
Cost of Doing Business 100=U.S. Average
The cost of doing business is up to 3% lower in DFW than the national average. Lower Miami (114.9)
Wages and Salaries
Median wages and salaries in the Dallas–Fort Worth region generally track below other major metro markets, thanks to Texas’ pro-business labor environment and low taxes. An abundance of housing that is more affordable compared to major metropolitan areas means employees can still enjoy a higher standard of living at a lower cost than in other markets.
Typical Workers’ Compensation Costs
What People in Dallas-Fort Worth Earn
Basis of Rates per $100 Payroll
*To determine rates, a companyspecific multiplier is applied to the loss cost for a specific occupation classsification.
Unemployment Insurance Tax Rate
New employers who do not acquire an existing business start at a tax rate of 2.7%, or the NAICS industry average rate, whichever is higher. The employer will keep the entry level tax rate until the employer’s account is chargeable with claims for unemployment benefits for four complete quarters. After these conditions have been met, the effective tax rate is calculated as the sum of five components multiplied by taxable wages. For 2023, the average tax rate is 1.16%.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 152 COSTS & INCENTIVES | WAGES AND SALARIES
Electronic Apparatus Manufacturing $0.27 Fabricated Products $0.96 Machinery Manufacturing $0.90 Metal Goods Manufacturing $1.20 Sales and Service $0.47 Hospital Professional Employees $0.23 Office Worker $0.04
Management 309,690 | Total Workers $104,265 | DFW Median $98,431 | U.S. Median Legal 35,088 | Total Workers $95,179 | DFW Median $85,609 | U.S. Median Business and Financial Operations 290,679 | Total Workers $75,997 | DFW Median $72,750 | U.S. Median Architecture and Engineering 67,659 | Total Workers $86,117 | DFW Median $84,691 | U.S. Median Community and Social Service 54,346 | Total Workers $51,296 | DFW Median $48,883 | U.S. Median Food Preparation and Serving Related 318,167 | Total Workers $24,768 | DFW Median $27,688 | U.S. Median Personal Care and Service 115,762 | Total Workers $26,120 | DFW Median $28,628 | U.S. Median Office and Administrative Support 559,838 | Total Workers $40,410 | DFW Median $39,962 | U.S. Median Computer and Mathematical 171,845 | Total Workers $95,742 | DFW Median $93,163 | U.S. Median Life, Physical, and Social Science 26,382 | Total Workers $70,636 | DFW Median $71,031 | U.S. Median Education, Training, and Library 210,443 | Total Workers $59,913 | DFW Median $52,357 | U.S. Median Health Care Practitioners and Technical 207,001 | Total Workers $72,119 | DFW Median $69,874 | U.S. Median Protective Service 80,708 | Total Workers $45,058 | DFW Median $44,293 | U.S. Median Installation, Maintenance, and Repair 167,953 | Total Workers $47,865 | DFW Median $48,889 | U.S. Median Transportation and Material Moving 430,931 | Total Workers $36,317 | DFW Median $35,387 | U.S. Median Construction and Extraction 196,370 | Total Workers $43,815 | DFW Median $47,724 | U.S. Median Production 196,820 | Total Workers $36,234 | DFW Median $38,541 | U.S. Median Building and Grounds Cleaning and Maintenance 124,362 | Total Workers $29,067 | DFW Median $30,504 | U.S. Median Sales and Related 426,319 | Total Workers $32,513 | DFW Median $33,352 | U.S. Median Farming, Fishing, and Forestry 5,500 | Total Workers $27,766 | DFW Median $29,160 | U.S. Median Arts, Design, Entertainment, Sports, and Media 65,286 | Total Workers $48,455 | DFW Median $50,208 | U.S. Median Healthcare Support 148,011 | Total Workers $28,546 | DFW Median $29,906 | U.S. Median Source: Texas Department of Insurance Occupation Loss Cost*
Key Occupations in DFW Target Industries
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 153 COSTS & INCENTIVES | WAGES AND SALARIES Description 2022 JOBS 2023 JOBS 2024 JOBS 2025 JOBS DFW MEDIAN General and Operations Managers 106,635 108,852 110,824 112,596 $92,335 Computer and Information Systems Managers 17,298 17,809 18,248 18,630 $159,024 Financial Managers 19,717 20,433 21,073 21,640 $151,837 Accountants and Auditors 37,486 38,375 39,149 39,825 $79,206 Financial Analysts and Advisors 33,709 34,671 35,491 36,154 $78,452 Credit Counselors and Loan Officers 12,730 12,941 13,111 13,248 $59,057 Miscellaneous Financial Specialists 4,248 4,355 4,447 4,523 $62,060 Computer and Information Analysts 26,722 27,567 28,301 28,946 $101,225 Computer Support Specialists 32,838 33,691 34,427 35,067 $51,603 Database and Network Administrators and Architects 23,249 23,797 24,264 24,668 $102,589 Software and Web Developers, Programmers, and Testers 65,157 68,107 70,723 73,066 $112,706 Mechanical Engineers 6,043 6,165 6,270 6,363 $99,497 Registered Nurses 66,704 68,028 69,204 70,260 $78,603 First-Line Supervisors of Sales Workers 47,858 48,412 48,901 49,306 $45,190 First-Line Supervisors of Office and Administrative Support Workers 49,611 50,226 50,714 51,103 $60,845 Bill and Account Collectors 10,877 10,884 10,872 10,847 $37,768 Bookkeeping, Accounting, and Auditing Clerks 44,259 44,835 45,303 45,680 $45,802 Customer Service Representatives 94,556 95,721 96,638 97,347 $36,640 Loan Interviewers and Clerks 12,393 12,500 12,573 12,623 $47,088 Receptionists and Information Clerks 26,558 27,089 27,550 27,950 $30,394 Secretaries and Administrative Assistants 82,867 83,796 84,513 85,052 $40,297 Office Clerks, General 75,488 76,414 77,168 77,776 $36,046 First-Line Supervisors of Production and Operating Workers 15,371 15,565 15,732 15,878 $61,678 Electrical, Electronics, and Electromechanical Assemblers 6,870 6,937 6,995 7,045 $36,415 Miscellaneous Assemblers and Fabricators 33,513 33,861 34,120 34,317 $33,850 Inspectors, Testers, Sorters, Samplers, and Weighers 15,545 15,523 15,477 15,412 $37,477 Semiconductor Processing Technicians 2,260 2,256 2,251 2,247 $35,704
Source: Lightcast
Electricity
The Dallas–Fort Worth region ranks close to the national median in terms of overall electric rates. The state of Texas operates on a power grid separate from that of the rest of the country, meaning DFW ranks high in electrical systems reliability.
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 26 million Texas customers. Furthermore, because Texas has a deregulated electricity market, consumers can shop around and choose their service providers, giving them flexibility in pricing and service.
Dallas Area Monthly Electricity Costs
Based on market pricing available February 2023 per EnergyBot data
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 154 COSTS & INCENTIVES | UTILITIES - ELECTRICITY
Residential Average Rate (paid per kWh) Average Monthly Bill 500 kWh 500 kWh
$65 1000 kWh 1000 kWh
$122 2000 kWh 2000 kWh
Commercial Average Rate (paid per kWh) Average Monthly Bill 2,500 kWh 2,500 kWh 0.106 $265 10,000 kWh 10,000 kWh 0.103 $1,028 30,000 kWh 30,000 kWh 0.099 $2,958 80,000 kWh 80,000 kWh 0.094 $7,554 Industrial Average Rate (paid per kWh) Average Monthly Bill 200,000 kWh 200,000 kWh 0.092 $18,400 400,00 kWh 400,000 kWh 0.081 $32,400 650,000 kWh 650,000 kWh 0.069 $44,850 Source: EnergyBot
0.129
0.122
0.116 $236
U.S. Electric Grid
(The Electric Reliability Council of Texas)
Texas Electric Generation by Source
Source: Energy Information Administration
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 155 COSTS & INCENTIVES | UTILITIESELECTRICITY
ERCOT
Net Electricity Generation GwH % Total U.S. Average Petroleum-Fired 18 0.0% 0.3% Natural Gas-Fired 19,774 50.2% 42.4% Coal-Fired 6,299 16.0% 17.2% Nuclear 2,939 7.5% 18.8% Hydroelectric 42 0.1% 4.7% Other Renewables 10,103 25.6% 16.1% Total Net Electricity Generation 39,175
Water, Sewer, Gas, & Telecommunications
Dallas–Fort Worth is expected to continue growing at a rapid rate. In order to keep up with projected demand for utilities, the region’s leaders have made it a priority to secure reliable sources of water and gas. The area’s numerous lakes and the abundance of natural gas reserves, located in the geologic formation known as the Barnett Shale, ensure that DFW will have access to these resources in the decades to come.
AT&T and Texas Instruments, among others, call DFW home. As a result, the region is a strong telecommunications hub. Multiple carriers’ fiber networks connect North Texas cities to one another, as well as to the rest of the U.S. and the world. Redundancies in connectivity, combined with relative freedom from natural disasters, means minimal risk of downtime for any business operating in the vicinity. And with the roll-out of 5G technologies by all of the major service providers, businesses in DFW have an unlimited ability to be connected internally, to other businesses, and to their customers.
Rates and Infrastructure Within DFW
Water
and Sewer
*Prices reflect prompt-pay discount and are effective Oct. 1, 2022
Regional Water Planning Area –Region C
2070 Supplies for the Largest Wholesale Water
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 156
Price per 1,000 gallons Residential Water Sewer Up to 4,000 $1.99 $5.67 4,001 to 10,000 $4.33 $5.67 10,001 to 20,000 $7.07 $5.67 20,001 to 30,000 $10.08 $5.67 Above 30,000 $11.72 $5.67 General Services Water Sewer Up to 10,000 $4.70 $4.81 Above 10,000 $5.16 $4.81 Above 10,000 and 1.4 times Annual Average $7.85 $4.81
! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! H gh and V age D b O k Lakewood V age No h R ch and H s For Worth EAGLE MOUNTA N LAKE Pen ego M ne a We s C R d R ve TrinityRiver BARDWELL LAKE BENBROOK LAKE CEDAR CREEK RESERVO R TR N TY FA RFIELD LAKE FOREST GROVE RESERVOIR GRAPEVINE LAKE HUBERT H MOSS LAKE JOE POOL LAKE LAKE ARLINGTON LAKE BONHAM LAKE BRIDGEPORT LAKE GRANBURY LAKE HALBERT LAKE MINERAL WELLS LAKE RAY HUBBARD LAKE RAY ROBERTS LAKE TEXOMA LAKE WAXAHACH E LAKE WEATHERFORD LAKE WORTH LAVON LAKE LEWISVILLE LAKE LOST CREEK RESERVOIR MOUNTAIN CREEK LAKE NAVARRO MILLS LAKE NEW TERRELL CITY LAKE NORTH LAKE RANDELL LAKE RICHLAND-CHAMBERS RESERVOIR TRINIDAD LAKE VALLEY LAKE WHITE ROCK LAKE COFFEE MILL LAKE LAKE KIOWA P t O k Bend Ta ty t y Gar e t Bardwel Pa e A ma Terrel Retrea Cors cana O k V y Br dgeport A gy McLendon-Chisholm Hudson Oaks W Par Wea he fo d W H s B b k Fores H l Edg f V g Eve man Sag naw B ue Mound Lakes de Nor h ake H t Roanoke W h V g Wh e Se em n L k W h Crow ey Bedfo d E Sou h ake D h g Ga de s M f d Ke edale A l ngton A P t Weston N H p Lowry Cross ng Fai v ew H C y R ch and H ls Hu s Wa auga P ot Po Ce na Hackbe ry P p Aurora Rhome Royse C y Fa e W k K l T ophy Club Co eyvi e Al en Mu phy M Ki y H cko y C eek Grapev ne F owe Mound The Colony L t e E m Hebron L F isco B l h Spr ngs Cockrel H l Duncanv e H ghland Pa k DeSoto Coppel Car o l on Ceda Hil Farme s B anch Addison Seagov e Grand Pra r e Rockwa l Hea h rv ng Un vers y Pa k Maypear Pecan Hi Oak Lea R d O k Midloth an Pe can Bay Reno S P k Az e Me issa Mi o d Ch Row e t St Paul Lavon S y Lucas R chardson Wy Gar and Parker Sachse Da as P ano Mesqu te Hutch ns Lancaster Ferr s W mer Waxahach e G ays Prairie R ce Emhouse Kerens Powel Good ow B y Bloom ng Grove M d d Angus Mustang Na arro Rich and D A vo d Runaway Bay Parad se B yd Cool Eu eka New Fa rv ew D SH Oak Point C oss Roads Sanger G e Heigh s Ov l a Denton Ba onv e C pp Canyon F y Mob e C ty Farmersv le Nevada Lake Da K Scu y Oak Grove Rosser C t d B ue R dge Joseph ne L nco n Park K ugerv e Aub ey Cor a Ci y Cor nth Kemp Mabank C b Ne a k Jus n C a da l K m Fros L k B idg p Oak Ridge Sanctuary Shady Shores Anne a Nor h Deca ur Ennis M sap Anne a Anne ta Sou h A edo Spr ng own Ponde S t K rv n Wor ham Teague F i d Bryson Jacksboro Wh tew igh Trenton Ba ey Eus ace A hens Sta Ha bo Tr n dad Honey Grove Dodd C y Ec or W d Muenster Oak R dge Knol wood Payne Sp g Too T B B h Va ley V ew Sh Dorchester Be ls Southmayd Co l nsv e Wh tesboro T oga G Howe Den son Enchan ed Oaks Ga nesv l e S d Pot sboro Caney C ty Ma ako f Ca isbu g Ra e a L d y Leonard Log Cab n Sa oy Ladon a Seven Points Gun Bar e C y Van A s y e B z River T r ni t y R ver Henderson Freestone Wise Denton Collin Rockwall Parker Dallas Tarrant Kaufman Ellis Navarro Jack Grayson Cooke Fannin F E A C H K N B M P Regional Water Planning Area - C - Region C S 1 675 000 1 0 N h Co g s A e u O B 3 3d 1 - 3- 8 D CLA M R p g p g G Ge g a h n ma o S em e No c a m h h h y p M JA -2 1 h W D d TWDB p « 0 10 20 5 M es RED SULPHUR BRAZOS TRINITY S A B I N E BRAZOS County Boundar es Ma or Reservo s and Lakes Ma or R ve Bas ns Ma or R ve s and C eeks C es To s a d V ages C - Reg on C
Providers in Region C (Acre feet per year)
BUSINESS | UTILITIES - WATER, SEWER, GAS, AND TELECOMMUNICATIONS Source: Dallas Water Utilities, Region C Water Planning Group *Total includes other providers Source: Dallas Water Utilities Wholesale Water Provider Available New Strategies Total % From Conservation & Reuse Dallas Water Utilities 500,097 436,063 936,160 33.1% Tarrant Regional Water District 471,897 539,990 1,011,887 31.4% North Texas Municipal Water District 400,272 635,961 1,036,233 28.9% City of Fort Worth 282,992 250,890 533,882 31.0% Trinity River Authority 155,466 156,582 312,048 36.2% Upper Trinity Regional Water District 54,586 141,328 195,914 27.1% Greater Texoma Utility Authority 22,679 75,549 98,228 15.1% Total for Region C * 1,590,440 1,869,546 3,459,986
The Barnett Shale
*Rates are for Dallas only—different rates apply to other cities and unincorporated areas. Excludes additional charges such as gas cost recovery, weather normalization, taxes, and fees. Industrial commodity charge is based on level of MMBtu’s used. Rate is current as of September 1, 2022 and is subject to change.
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.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 157 Telecommunications Major U.S. Internet Peering Points 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. DallasFort Worth Miami Phoenix Washington, D.C. New York Chicago San Francisco Seattle Los Angeles BUSINESS | UTILITIESWATER, SEWER, GAS, AND TELECOMMUNICATIONS
Natural Gas Rates* Natural Gas
Customer Charge per Month Commodity Charge/CcF Residential $25.80 $0.23307 Commercial $55.54 $0.10558 Industrial $1,106.65 $0.3300 (0-1,500 MMBtu) $0.2407 (1,501-5,000 MMBtu) $0.0379 (over 5,000 MMBtu)
Atlanta Salt Lake City San Jose Minneapolis
Source: Atmos Energy Corp. Mid-Tex Tariffs report
Taxes and Union Activity
Increasing business costs combined with ever-constrictive regulatory environments contribute to the rise of a business’s risks and costs. Tax burdens and labor requirements imposed on businesses create barriers to market entry and real estate development.
Texas is a low-tax, business-friendly, rightto-work state. Companies from all over the United States and around the world come to do business in Texas because of low costs, central location, and an industry environment favorable to growth and development.
Because Texas is a right-to-work state— meaning employees are not required to join unions—it places high in favorable tax climate rankings. The DFW area has extremely low union activity compared with other regions.
Sales Tax Rate
DFW Communities Sales Tax Sample
Union Activity in Selected Metros
Texas Franchise Tax
Each taxable entity formed in Texas or doing business in Texas, such as corporations, LLCs, banks, and partnerships, must file franchise tax reports. This tax applies only to entities earning above a certain threshold. For example, in 2023, entities earning up to $1.23M will pay no franchise taxes. The tax does not apply to sole proprietorships, general partnerships with individual owners, or certain trusts, among others.
Texas Franchise Tax Rates
n 0.75% (0.0075) of margin for most taxable entities
n 0.375% (0.00375) for qualifying wholesalers and retailers
n 0.331% (0.00331) for those entities with $20 million or less in Total Revenue (annualized per 12-month period on which the report is based)
More information is available by contacting the Texas Comptroller of Public Accounts at 1-800-252-1381 or visiting comptroller.texas.gov/taxes/franchise/
Texas does not collect
n Personal Income Tax (State or Local)
n Local Occupation Tax
n Local Wage Tax
n State Property
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 158 COSTS & INCENTIVES | TAXES AND UNION ACTIVITY
State: 6 1/4% (0.0625) City: 1/4% - 2% (0.0025 - 0.02), depending on local option rate County: 1/2% - 1 1/2% (.005 - 0.015), depending on local option rate Transit: 1/4% - 1% (.0025 - 0.01), depending on local option rate Special Purpose Districts: 1/8% - 2% (.00125 - 0.02), depending on local option rate 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 0.0100 MTA, CCD 0.0825 MTA
Source: Texas Comptroller’s Office
= Metropolitan Transit Authority; CCD = Crime Control District; CTA = County Transit Authority
Tax Houston Miami Dallas Phoenix Denver Atlanta Kansas City Boston San Francisco Chicago Los Angeles Philadelphia Detroit Minneapolis San Diego Seattle New York 3.7 5.7 5.9 6.5 6.9 7.1 10.2 12.2 13.0 14.9 15.2 15.4 15.9 17.3 17.6 18.6 21.9 0% 5% 10% 15% 20% 25% % Employed workers covered by collective bargaining agreements Source: Current Population Survey (CPS) Outgoing Rotation Group (ORG) Earnings Files, 2021 compiled by Unionstats.com
STATE BUSINESS CLIMATE RANKING Chief Executive Magazine
2022 Dallas-Fort Worth Property Tax Rates
Garland ISD $1.172500
Garner ISD $0.917252
Godley ISD $1.474600
Granbury ISD $0.999600
Grand Prairie ISD $1.307000
Grandview ISD $1.105900
GrapevineColleyville ISD $1.130800
Greenville ISD $1.103081
Gunter ISD $1.442900
Highland Park ISD $1.077800
Hurst-EulessBedford ISD $1.109800
Irving ISD $1.147400
Italy ISD $1.261429
Jacksboro ISD $1.381700
Joshua ISD $1.272600
Kaufman ISD $1.270200
Keene ISD $1.165470
Keller ISD $1.272900
Kemp ISD $1.192573
Kennedale ISD $1.226400
Krum ISD $1.417500
Lake Dallas ISD $1.442900
Lake Worth ISD $1.442900
Lancaster ISD $1.378100
Leonard ISD $0.942900
Lewisville ISD $1.236800
Sample Property Tax Information
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 159 COSTS & INCENTIVES | TAXES AND UNION ACTIVITY COUNTIES RATE Collin $0.152443 Dallas $0.217946 Denton $0.161838 Ellis $0.295867 Hunt $0.361194 Johnson $0.415000 Kaufman $0.416262 Parker $0.315336 Rockwall $0.292500 Tarrant $0.224000 Wise $0.255000 CITIES Addison $0.609822 Allen $0.421200 Anna $0.539750 Arlington $0.599800 Azle $0.623426 Balch Springs $0.794629 Bedford $0.495726 Benbrook $0.595000 Burleson $0.657200 Carrollton $0.562500 Cedar Hill $0.657000 Celina $0.634759 Cleburne $0.640476 Cockrell Hill $0.757780 Colleyville $0.265618 Commerce $0.769326 Coppell $0.518731 Corinth $0.560100 Crowley $0.645203 Dallas $0.745800 Decatur $0.645258 Denton $0.575682 DeSoto $0.691554 Duncanville $0.650460 Ennis $0.694473 Euless $0.460000 Everman $1.119676 Fairview $0.321577 Farmers Branch $0.589000 Fate $0.293832 Flower Mound $0.405000 Forest Hill $0.882820 Forney $0.434551 Fort Worth $0.712500 Frisco $0.446600 Garland $0.716692 Glenn Heights $0.632215 Grand Prairie $0.660000 Grapevine $0.271775 Greenville $0.569000 Haltom City $0.608162 Heath $0.291175 Hickory Creek $0.270317 Highland Park $0.230000 Highland Village $0.546825 Hurst $0.614043 Hutchins $0.655901 Irving $0.589100 Joshua $0.711493 Kaufman $0.767976 Keene $0.834134 Keller $0.354500 Kennedale $0.706190 Krum $0.658721 Lake Dallas $0.567252 Lake Worth $0.438928 Lancaster $0.691822 Lewisville $0.443301 Little Elm $0.629900 Lucas $0.268016 Mansfield $0.680000 McKinney $0.457485 Melissa $0.456168 Mesquite $0.658140 Midlothian $0.650000 Murphy $0.465000 North Richland Hills $0.547972 Parker $0.329289 Plano $0.417600 Princeton $0.534543 Prosper $0.510000 Red Oak $0.697464 Richardson $0.560950 Richland Hills $0.538885 Roanoke $0.339779 Rockwall $0.291175 Rowlett $0.681000 Royse City $0.605000 Sachse $0.650416 Saginaw $0.508042 Sanger $0.589497 Sansom Park $0.677660 Seagoville $0.752687 Southlake $0.360000 Sunnyvale $0.453000 Terrell $0.764200 The Colony $0.647500 Trophy Club $0.434799 University Park $0.245975 Watauga $0.570200 Waxahachie $0.630000 Weatherford $0.456344 White Settlement $0.712115 Willow Park $0.538450 Wylie $0.562333 SCHOOLS Aledo ISD $1.367900 Allen ISD $1.330400 Alvarado ISD $1.354600 Alvord ISD $1.068900 Anna ISD $1.442900 Argyle ISD $1.397600 Arlington ISD $1.308700 Aubrey ISD $1.442900 Avalon ISD $0.997690 Azle ISD $1.210500 Birdville ISD $1.279800 Bland ISD $1.025700 Blue Ridge ISD $1.442900 Boles ISD $1.192900 Boyd ISD $1.044600 Bridgeport ISD $1.061170 Brock ISD $1.390300 Burleson ISD $1.442900 Caddo Mills ISD $1.442900 Campbell ISD $0.854600 Carroll ISD $1.218800 Carrollton-Farmers Branch ISD $1.142900 Castleberry ISD $1.434600 Cedar Hill ISD $1.310600 Celeste ISD $1.170740 Celina ISD $1.423500 Chico ISD $0.995012 Cleburne ISD $1.397300 Commerce ISD $1.442900 Community ISD $1.442900 Cooper ISD $1.102900 Coppell ISD $1.217300 Crandall ISD $1.354600 Crowley ISD $1.442900 Cumby ISD $1.422900 Dallas ISD $1.184935 Decatur ISD $1.088300 Denton ISD $1.344600 DeSoto ISD $1.258200 Duncanville ISD $1.252900 Eagle MountainSaginaw ISD $1.434600 Ennis ISD $1.402900 Era ISD $1.024600 Everman ISD $1.327118 Fannindel ISD $1.022900 Farmersville ISD $1.288653 Ferris ISD $1.238500 Forney ISD $1.354600 Fort Worth ISD $1.281600 Frisco ISD $1.212900 Frost ISD $1.186900
Lipan ISD $1.275200 Little Elm ISD $1.412900 Lone Oak ISD $1.304600 Lovejoy ISD $1.442900 Mabank ISD $1.075700 Mansfield ISD $1.334600 Maypearl ISD $1.154299 McKinney ISD $1.312900 Melissa ISD $1.442900 Mesquite ISD $1.284600 Midlothian ISD $1.294600 Milford ISD $0.940300 Millsap ISD $1.257500 Mineral Wells ISD $1.227700 Northwest ISD $1.274600 Palmer ISD $1.237900 Paradise ISD $1.174600 Peaster ISD $1.354600 Perrin-Whitt CISD $1.003600 Pilot Point ISD $1.211660 Plano ISD $1.259750 Ponder ISD $1.347700 Poolville ISD $1.142900 Princeton ISD $1.442900 Prosper ISD $1.442900 Quinlan ISD $1.042900 Red Oak ISD $1.291000 Richardson ISD $1.314600 Rio Vista ISD $1.322990 Rockwall ISD $1.214600 Royse City ISD $1.442900 Sanger ISD $1.410600 Scurry-Rosser ISD$1.102900 Slidell ISD $0.948600 Springtown ISD $1.143171 Sunnyvale ISD $1.374600 Terrell ISD $1.313600 Trenton ISD $1.122900 Van Alstyne ISD $1.410500 Venus ISD $1.366100 Waxahachie ISD $1.326800 Weatherford ISD $1.221900 White Settlement ISD $1.417400 Whitewright ISD $1.179900 Wills Point ISD $0.921600 Wolfe City ISD $1.127300 Wylie ISD $1.397900 OTHER Dallas County Parkland Hospital (HD) $0.255000 Dallas County School Equalization (SET) $0.000000 Tarrant County Hospital (HD) $0.224429 Tarrant County Water District (WD) $0.026900
SOURCE: Texas Comptroller of Public Accounts City County School District Other Total Plano $0.417600 Dallas $0.745800 Denton $0.560682 Fort Worth $0.712500 Collin $0.152443 Dallas $0.217946 Denton $0.217543 Tarrant $0.224000 Plano ISD $1.259750 Dallas ISD $1.184935 Denton ISD $1.344600 Fort Worth ISD $1.281600 SET = School Equalization Tax; HD = Hospital District; WD = Water District; CCD = Community College District CCD $0.081220 $1.911013 SET $0.115899 HD $0.235800 $2.510380 CCD $0.010000 $2.122825 WD $0.026900 HD $0.224429 $2.599599 CCD $0.130170 for DFW Communities 2022 Rate, Per $100 of Taxable Valuation
Real EstateOffice
For the third year in a row, Dallas-Fort Worth was the top market in the country for commercial real estate investment in 2022 as estimated by MSCI, Inc. And CBRE’s U.S. Investor Intentions Survey ranked DFW first among the most preferred U.S. markets for investment, as well as for markets expected to outperform in 2023.
Office space in the DFW area is concentrated in key areas. These include:
n The Dallas and Fort Worth Central Business Districts;
n Developments along Interstate 35E, North Central Expressway, and Dallas North Tollway corridors, between downtown Dallas and its northern suburbs; and
n Master-planned developments, including Irving’s Las Colinas, Fort Worth’s AlianceTexas, Plano’s Legacy West, and Richardson’s CityLine, among many others.
The Dallas-Fort Worth office market recovered more quickly from the Great Recession than other U.S. metros. Over the next decade, DFW added hundreds of thousands of square feet of office space.
The pandemic-induced economic downturn, however, barely registered any impact on demand for office space in DFW after initial uncertainty. Investment from outside the state of Texas has resulted in little change for demand since prior to the pandemic, even as the use of office space has changed to incorporate more flex space to accommodate hybrid remote conditions.
DFW Commercial Office Space: Attractive Rents With an Abundance of Choices
The Dallas-Fort Worth region offers a multitude of options for companies looking to operate here. From multitenant buildings in the urban core and CBDs to office parks throughout the region, many companies have discovered DFW to be a strategic and cost-effective location.
Largest Office Parks
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 160 COSTS & INCENTIVES | REAL ESTATE - OFFICE 1 Alliance Texas 2 City Center 3 Cityline 4 Colonnade 5 Convergence Business Park 6 Cypress Waters 7 Dallas Market Center 8 DFW Freeport Park 9 Duke Bridges 10 Element Towers 11 Energy Square 12 Ericsson Village 13 Forest Plaza 14 Frisco Station 15 Galatyn Commons 16 Galleria Office Towers 17 Granite Park 18 Hall Park 19 Harwood District 20 Hidden Ridge 21 International Business Park 22 International Plaza 23 Las Colinas 24 Legacy Business Park 25 Legacy Central 26 Lincoln Centre 27 Mercantile Center 28 Offices of Austin Ranch 29 Old Parkland 30 One Arts Plaza 31 Overton Centre 32 Park West 33 Parkway Centre 34 Pegasus Park 35 Plano Gateway 36 Regent Center 37 Royal Ridge Office Park 38 Royal Tech Business Center 39 Solana Office Park 40 Stonebridge Ranch 41 Sundance Square 42 The Apex at Las Colinas Crossing 43 The Campus at Legacy West 44 The Centre Office Park 45 The Crescent Office Towers 46 The Crossings 47 The Gild 48 The Star 49 Towers at Park Central 50 Towers at Williams Square 51 Victory Park 52 Western Place
Market View
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 41 26 23 19 16 14 9 8 7 6 5 4 3 2 1 52 51 50 49 48 47 46 45 44 43 42 40 39 38 37 36 35 34 33 32 31 30 29 28 27 25 24 22 21 20 18 17 15 13 12 11 10 23 41 Dallas CBD East Dallas Far North Dallas Las Colinas LBJ Freeway Lewisville/Denton Preston Center North Central Expressway South Dallas Stemmons Freeway Uptown/ Oak Lawn Fort Worth CBD HEB/East Fort Worth North Fort Worth South Fort Worth Grand Prairie/ South Irving North US 75 Corridor Arlington/ Mansfield Westlake Arlington/ Mansfield 5,936,327 13.7% $23.22 Dallas CBD 27,134,938 29.6% $29.85 East Dallas 2,388,521 21.4% $36.63 Far North Dallas 55,502,900 22.2% $36.95 Fort Worth CBD 9,658,702 16.8% $29.08 Grand Prairie/ South Irving 1,080,351 13.2% $18.06 HEB/East Fort Worth 8,427,005 23.9% $23.99 Las Colinas 39,114,514 20.0% $28.86 LBJ Freeway 17,856,207 25.7% $26.50 Lewisville/ Denton 3,287,199 20.7% $25.57 North Central Expressway 10,428,097 23.6% $38.70 North Fort Worth 6,297,606 9.8% $24.77 North US 75 Corridor 27,229,106 17.6% $25.81 Preston Center 4,727,461 8.2% $53.42 South Dallas 1,865,311 24.6% $23.50 South Fort Worth 6,913,425 11.4% $26.34 Stemmons Freeway 7,877,171 27.0% $23.76 Uptown/Oak Lawn 14,400,866 18.0% $59.07 Westlake 8,512,659 16.3% $34.04 Market Totals 258,638,366 20.9% $32.82
Major Office Building/Park COSTS & INCENTIVES | REAL ESTATEOFFICE Source: JLL 161 Market Inventory (SF) Total Vacancy Rate Avg Asking Rate ($/SF) Market Inventory (SF) Total Vacancy Rate Avg Asking Rate ($/SF)
Real EstateIndustrial
Dallas-Fort Worth led the nation in industrial commercial real estate development in 2022, adding 64 million square feet to the pipeline, nearly 15 percent of all new deliveries in the U.S. DFW was also the top market for sales with $8.8 billion in volume according to the Commercial Edge National Industrial Report.
Industrial space is distributed throughout the Dallas–Fort Worth region with concentrations that include:
n Fort Worth’s AllianceTexas;
n Areas surrounding Dallas Fort Worth International Airport;
n The Inland Port in southern Dallas County, along Interstate 20 and U.S. Highway 67;
n Suburbs including Arlington, Garland, Grand Prairie, and Coppell; and
n Developments along the Interstate 35E corridor between Dallas and Lewisville.
The industrial market has strengthened over the past several years, and accelerated during the pandemic spurring significant new developments throughout the region. The majority of construction is taking place in southern Dallas County, and the North Fort Worth market, but new industrial centers in Denton, Midlothian, and around DFW Airport have become hot markets for development.
Observers credit the strength of the regional economy, as well as low taxes and labor costs, for sustaining DFW as a desirable market for real estate investment.
DFW Industrial Space: A Logistics, Distribution, and Manufacturing Hub
Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short- and long-haul truck transportation.
Largest Industrial Parks
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 162 COSTS & INCENTIVES | REAL ESTATE - INDUSTRIAL 1 35 Eagle 2 635 Industrial District 3 Alliance Center 4 Alliance Center North 5 Alliance Gateway 6 Alliance Northport 7 Alliance Texas (Industrial) 8 Alliance Westport 9 Arlington South Industrial Park 10 Austin Ranch Distribution Center 11 Carter Industrial Park 12 CentrePort Business Park (Industrial) 13 Dalport Trade Center 14 DFW Trade Center 15 Ennis Industrial Rail Park 16 Fossil Creek Business Park 17 Frankford Trade Center 18 Freeport North 19 Grand Lakes Distribution Center 20 Great Southwest Industrial Park 21 International Commerce Park 22 Lakeside Trade Center 23 Logistix Hub South Dallas 24 Majestic Aiport Center DFW 25 Mercantile Center (Industrial) 26 Mercer Business Park 27 Mountain Creek Business Park 28 Northlake Business Center 29 Park 20/360 30 Passport Business Park 31 Pinnacle Industrial Center 32 Point West 33 PointSouth Logistics & Commerce Centre 34 Prime Pointe 35 Prologis Dallas Corporate Center 36 Prologis Park 20/35 37 Railhead Industrial Park 38 RailPort Industrial Park 39 Research/Technology Crossroads 40 Riverbend Business Park 41 RiverPark Business Park 42 Sentry Industrial Park 43 Skyline Business Park 44 Southfield Park 35 45 Southport Logistics Park 46 Stoneridge Business Park 47 Sunridge Business Park 48 Trinity Mills
Turnpike Distribution Center
Valwood Business Park
Waters Ridge Business Park
49
50
51
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE North Fort Worth Northwest Dallas DFW Airport East Dallas South Dallas South Fort Worth Great Southwest/ Arlington Northeast Dallas South Stemmons 9 8 7 6 5 4 3 2 1 51 50 49 48 47 46 43 42 41 40 39 38 37 36 35 34 33 32 31 30 29 27 25 24 23 22 21 20 19 17 15 13 11 10 45 44 28 26 18 16 14 12
Market Inventory (M SF) Total Vacancy Rate Avg Asking Rate ($/SF) DFW Airport 77.2 4.1% $7.16 East Dallas 42.9 9.1% $5.39 Great SW/Arlington 103.9 4.8% $7.12 North Fort Worth 114.3 6.7% $5.50 Northeast Dallas 77.3 3.1% $7.51 Northwest Dallas 93.6 5.0% $7.38 South Dallas 99.8 12.6% $5.33 South Fort Worth 64.0 9.7% $7.01 South Stemmons 84.5 6.2% $7.55 Market Totals 757.5 6.7% $6.15
Major Industrial Building/Park COSTS & INCENTIVES | REAL ESTATEINDUSTRIAL Source: JLL 163
Ennis
Market View
Real EstateRetail
The Dallas-Fort Worth retail real estate market is the largest among Texas metros with 200 million square feet of inventory. According to the Weitzman Group, the occupancy rate for DFW retail space inventory exceeded 94% in 2022, the highest rate in four decades. This is primarily due to a solid recovery in leasing during the last two years after several pandemicrelated closings created 4 million square feet of vacancies in 2020. In 2023, the bulk of new retail space is expected to occur in community and neighborhood categories and suburban retail districts.
Live, Work, and Play
The development of higher density, mixed-use centers offers unique opportunities to both businesses and residents in the Dallas- Fort Worth region. Examples include:
Addison Circle – Addison
Bishop Arts – Dallas
Cityline – Richardson
Cypress Waters – Dallas
Eastside – Richardson
Frisco Station – Frisco
Frisco Town Square – Frisco
Granite Park – Plano
Highland Park Village – Highland Park
Legacy Town Center – Plano
McKinney Urban Village – McKinney
Magnolia Street – Fort Worth
Midtowne – Midlothian
Mockingbird Station – Dallas
Montgomery Place – Fort Worth
Museum Place – Fort Worth
Park Lane Place – Dallas
Parker Square – Flower Mound
Rockwall Commons – Rockwall
Southlake Town Square – Southlake
Southside on Lamar – Dallas
Sundance Square – Fort Worth
Victory Park – Dallas
Watters Creek – Allen
West Village – Dallas
In addition, historic downtowns are being redeveloped into attractive regional destinations, including downtowns in Plano, McKinney, Denton, Carrollton, and Grapevine.
DFW Retail Centers: Opportunities at Every Intersection Largest Retail Centers
National Retail Federation Top Retailers in Dallas-Fort Worth
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 164 COSTS & INCENTIVES | REAL ESTATE - RETAIL 1 Allen Central Market 2 Allen Premium Outlets 3 Alliance Town Center 4 Arlington Highlands 5 Bardin Place Center 6 Casa Linda Plaza 7 DFW Music City Mall 8 Fairview Town Center 9 Firewheel Town Center 10 Galleria Dallas 11 Golden Triangle Mall 12 Grand Prairie Premium Outlets 13 Grandscape 14 Grapevine Mills 15 Highland Park Village 16 Hillside Village 17 Hulen Mall 18 Irving Mall 19 Lewisville Towne Crossing 20 Montgomery Plaza 21 North East Mall 22 NorthPark Center 23 Preston Towne Crossing 24 Ridgmar Mall 25 Southlake Town Square 26 Stonebriar Centre 27 Tanger Outlets - Fort Worth 28 The Parks at Arlington 29 The Shops at Clearfork 30 The Shops at Highland Village 31 The Shops At Legacy 32 The Shops at RedBird 33 The Shops At Willow Bend 34 Town East Mall
Village at Camp Bowie 36 Watters Creek
35
Rank Company Headquarter Location 2021 US Retail Sales ($B) Number of Stores 22 7-Eleven Irving $23.84 12,689 23 AT&T Wireless Dallas $20.66 1,580 48 J.C. Penney Co. Plano $8.94 669 54 Army & Air Force Exchange Dallas $7.72 896 76 Michaels Stores Irving $5.01 1,140 79 Exxon Mobil Corporation Irving $4.49 3,272
Market View
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE West Dallas Southwest Dallas East Dallas Outlying Central Dallas Central Fort Worth North Central Dallas Near North Dallas Southeast Dallas Far North Dallas Mid-Cities Suburban Fort Worth Suburban Fort Worth 9 8 7 6 5 4 3 2 1 36 35 34 33 32 31 30 29 28 27 26 25 24 23 22 21 20 19 18 17 16 15 14 13 12 11 10
Major Retail Centers Source: CoStar COSTS & INCENTIVES | REAL ESTATERETAIL Major Market Clusters Inventory (SF) Vacant (SF) Occupancy Rate NNN Rent ($/SF) Central Dallas 21,647,742 671,983 96.9% $25.49 Central Fort Worth 37,241,948 2,001,210 94.6% $17.26 East Dallas Outlying 9,755,539 254,967 97.4% $20.19 Far North Dallas 80,203,717 4,079,740 94.9% $19.31 Mid-Cities 73,701,278 4,361,822 94.1% $17.88 Near North Dallas 26,886,969 1,042,875 96.1% $18.36 North Central Dallas 48,558,867 2,698,066 94.4% $24.68 Southeast Dallas 21,613,386 955,326 95.6% $14.73 Southwest Dallas 26,952,260 1,137,154 95.8% $15.42 Suburban Fort Worth 44,341,086 1,709,164 96.1% $17.77 West Dallas 45,053,997 1,828,189 95.9% $16.49 Market Totals 459,940,103 21,412,362 95.3% $18.71 165
Corporate Business Climate
The Dallas-Fort Worth area is home to a diverse array of corporate headquarters— and for good reason. The region possesses tremendous assets and resources.
Recovery from the pandemic-induced economic disruption has been uneven throughout the U.S. However, the DallasFort Worth region not only weathered the downturn better than most other metro areas, but recovered more quickly.
Difficult business climates in California, Illinois, and other heavily populated states stand in stark contrast to the operating environment in Texas and throughout DFW. Texas has won Site Selection Magazine’s Governor’s Cup ten consecutive times, while Area Development Magazine continues placing the Lone Star State on top for driving economic growth and attracting new businesses.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 166
0% 1 Corporate Income Tax Rate 4 Sales Tax Rate 4 6.25% 3 Yes Right To Work State 5 CNBC State Business Rank 8 #5 #1 CEO Magazine Business Climate Rank 9 Personal Income Tax Rate 4 0% 0.75% 2 Franchise Tax 4 State Labor Force 6 14,613,658 93.34 Cost of Doing Business 7 Cost of Living Index 10 102.5 (Dallas) / 95.1 (Fort Worth) 96.5 (Dallas) / 86.4 (Fort Worth) Housing Cost Index 10 Average Price/SqFt for CBD Office 11 Average Price/SqFt for Industrial 11 $29.67 (Dallas) / $28.02 (Fort Worth) $6.03 (Dallas/Fort Worth) $31.77 (Dallas) / $25.40 (Fort Worth) Average Price/SqFt for Suburb Office 11 TEXAS 1 Taxable entities are subject to a franchise tax on taxable margin. 2 0.375% is the rate for taxable entities primarily engaged in retail or wholesale trade; taxable entities with revenues of $1,230,000 or less owe no tax; taxable entities with tax due of less than $1,000 owe no tax. 3 The State of Texas sales tax rate is 6.25% + local rate of up to 2.0%. California 1 Special rates for S corporations and financial institutions. 2 Income brackets are adjusted annually for inflation. Plus millionaire tax (i.e., 1% surcharge on taxable income exceeding $1 million). 3 The State of California sales tax rate is 6% with an added mandatory local rate of 1.25% + local optional rate of up to 3.5%. Illinois 1 Additional 2.5% personal property replacement tax; 1.5% for S corporations, partnerships, and trusts. 2 0.1% (0.15%, 1st time or added paid-in capital) allocated paid-in capital. Min. $25; max. $2 million plus 0.10% 1st capital. The first $1,000 in liability is exempt. 3 The State of Illinois sales tax rate is 6.25% + local rate of up to 4.75%.. Texas COSTS & INCENTIVES | CORPORATE BUSINESS CLIMATE Texas DFW Metro Region DallasFort Worth A Great Place to Do Business
San Francisco
New York
307.4 (San Francisco) $58.50 (Mid-Peninsula) 6.5% 1 4.0% 3 No #36 #49
4% - 10.9% .1825% 2
9,510,963
New York
1 For taxpayers with an income
base
151.7 (Chicago) $26.41 (Chicago)
120.3 (Chicago) $45.66 (Chicago) $6.26 (Chicago) 94.68
255.0 (Manhattan) $81.39 (New York City) $15.37 (NYC Outer Boroughs)
536.1 (Manhattan) $29.83 (New Jersey)
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 6,597,478 8.84% 1 7.25% 3 No #29 #50 1%-12.3% 2 0% 19,222,771 115.55
150.7 (Los Angeles) $36.66 (Los Angeles) $10.78 (Los Angeles) 7.0% 1 6.25% 3 No #19 #48
240.4 (Los Angeles) $26.66 (Los Angeles) 4.95% 0.1% 2 6,413,740 99.59
178.8 (San Francisco) $80.23 (San Francisco) $25.12 (San Francisco)
Chicago
Los Angeles California New York Illinois
7.25%
Taxpayers pay the highest tax computed on three alternate bases. The tax rate on business income base for qualified New York manufacturers is 0%. 2 Fixed-dollar minimum tax. 3 The State of New York sales tax rate is 4.0% + up to 4.875% local tax. All States 4 Source: Thomson Reuters 5 Source: National Conference of State Legislatures 6 Source: LAUS, BLS, Dec 2022 (preliminary, seasonally adjusted) 7 Source: 2022 Moody’s North American Business Cost Review, Q3 2022 (U.S. average = 100) 8 Source: CNBC America’s Top States for Doing Business in 2022 9 Source: CEO Magazine’s 2022 Best and Worst States for Doing Business 10 Source: ACCRA Cost of Living Index, 2022 Annual Average Data (U.S. average = 100). Note: Results are for the MSA primary city 11 Source: JLL, Commercial Real Estate Rents, Q3 2022 Office and Q3 2022 Industrial Insights COSTS & INCENTIVES | CORPORATE BUSINESS CLIMATE 167
of over $5 million, the tax rate is
(through 2023).
State and Local Incentives
The Dallas–Fort Worth area has a strong business culture. The municipalities within the region offer a variety of local incentive programs to expand or relocate businesses, ranging from tax abatements and tax increment financing to the development of infrastructure and freetrade zones. The programs help maintain the low cost of doing business, enabling job-creating companies to gain a competitive advantage. Programs vary by city but offer a breadth of options that can provide value for a variety of projects.
Additionally, statewide programs, including the Texas Enterprise Fund, the Texas Enterprise Zone Program, Skills Development Fund, and Product Development and Small Business Incubator Fund, are in place to encourage companies that create jobs and drive innovation to set up shop in the Lone Star State. A sample of popular incentives follow:
Local Incentives
Type A and B Economic Development Corporations: Financing mechanism that gives cities the ability to encourage new and expanded business enterprises. Cities may institute a voter-approved sales tax to fund an economic development corporation (EDC) which can provide businesses with cash incentives for project costs. Restrictions apply and performance agreements are required. Type A EDCs typically fund industrial development projects, while Type B EDCs fund community improvement projects.
Tax Increment Financing District: Financing mechanism to pay for infrastructure improvements that will spur private investment in underserved areas. Local governing bodies must create a Tax Increment Reinvestment Zone in which the cost of improvements are repaid by the future tax revenues from levies against properties in the Zone. Tax revenues attributed to increased property values due to improvements – the tax increment – can fund additional improvements.
Chapter 380/381 Agreements: Legislative authority for local governments to offer incentives for economic development projects through loans and grants, and the use of city staff, facilities, or services at little or no cost. Cities and counties may negotiate directly with businesses or developers with this tool.
Tax Abatements: Property tax exemption agreement between a taxpayer and local taxing unit (excepting school districts) applicable to all or part of the increased value of property for up to 10 years to attract or retain businesses.
Freeport and Goods-In-Transit Exemption: Property tax exemption for qualifying inventory that a business temporarily stores in Texas for sale outside of the state. Freeport property qualifies only if it has been detained in the state for 175 days or less for the purpose of assembly, storage, manufacturing, processing, or fabricating. Transit exemptions apply to goods acquired, imported, and shipped to another location in or out of state within 175 days.
State Incentives
Texas Enterprise Fund: “Deal-closing” and performance-based grant program Texas can offer to companies considering a relocation or expansion to viable project sites in competing states. Projects must create jobs with wage requirements, spur capital investment, maximize benefits to the state with a significant rate of return on public dollars being spent, and obtain the support of local taxing jurisdictions.
Texas Enterprise Zone Program: Tool that encourages economic development partnerships intended to create jobs and spur investment in economically challenged areas. Allows local communities to nominate businesses in or near state-approved Enterprise Zones to receive state sales and use tax refunds based on the company investment and number of jobs created. Local communities must also offer economic incentives under this partnership tool.
Manufacturing Exemption: Exemption from state sales-and-use tax is available for taxpayers who manufacture, fabricate, or process tangible property for sale. May also apply to property and services that lead to the sale of the manufactured product and to property that makes a chemical or physical change in the manufactured product.
Natural Gas and Electricity Exemption: State sales and use tax exemption for manufacturing companies’ use of electricity and natural gas in the manufacturing, processing, or fabricating of tangible personal property. Qualified data centers may also receive an exemption for gas and electricity tax.
Data Center Exemption: State sales and use tax exemption for tangible property necessary to operate a data center. Facility dimension and usage, job and salary requirements, and investment conditions apply.
Research And Development Tax Credit: Choice between a franchise tax credit or state sales tax exemption for materials, software, and equipment used for qualified research and development activities, as defined under federal tax law.
Governor’s University Research Initiative (GURI): Matching grant program designed to help eligible Texas academic institutions recruit distinguished researchers in the areas of STEM fields and medicine in order to bolster state economic competitiveness.
Skills Development Fund (SDF): Grant program administered by the Texas Workforce Commission that provides customized job training to businesses seeking to upgrade employee technical skills or for business recruitment or expansion training needs. Applicants partner with a community or technical college, or other eligible training providers for program development.
Texas Product Development and Small Business Incubator Fund (PDSBI): A revolving loan program designed to aid in the development, production, and commercialization of new or improved products, and to foster and stimulate small business growth. The fund provides assetbased lending with favorable terms. Loan proceeds can be used for capital or operating expenditures with preference offered to certain industries, including nanotechnology, biotechnology, biomedicine, renewable energy, agriculture, and aerospace.
Federal Incentives
Foreign Trade Zones: A restricted-access site located in or near a U.S. Customs Service port of entry that provides users, such as importers, manufacturers, and distributors, with costsaving benefits.
Opportunity Zones: A tax provision designed to spur economic development and job creation in economically distressed communities. Three tax benefits are available to investors who reinvest capital gains into Qualified Opportunity Funds. These funds can finance commercial and industrial real estate, housing, infrastructure, and existing or start-up businesses in designated census tracts.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 168 COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
Relocation and Expansion Support
Economic incentives have helped support office, industrial, and mixed-use projects throughout North Texas.
1. Charles Schwab
Size: 500,000 s.f.
Product type: Office
Location: Westlake
Details: New $100 million campus construction.
Jobs: 1,200 new by 2026, potential for 5,000
Incentives: $6 million Texas Enterprise Fund grant; 10-year, diminishing property tax abatement plan and Chapter 380 sales tax reimbursement from Town of Westlake; and 10-year, 50% abatement on county ad valorem taxes.
5. MP Materials
Size: 200,000 s.f.
Product type: Industrial
Location: Fort Worth
Details: Rare earth metal, alloy, and magnet manufacturing facility.
Jobs: 150
Incentives: 7-year base ad valorem tax abatement of 45% of new value on real and personal property improvements.
9. Waterlogic
Size: 111,000 s.f.
Product type: Office
Location: Grapevine
Details: New North American HQ and Center of Excellence with a $1.6 million capital investment.
Jobs: 164
Incentives: $524,400 Texas Enterprise Fund grant.
2. Toyota
Size: 1 million to 1.5 million s.f.
Product type: Office
Location: Plano
Details: HQ relocation from California.
Jobs: 4,000
Incentives: $40 million Texas Enterprise Fund grant; $6.75 million grant from the city of Plano; 10-year, 50% property tax abatement, and 50% property tax rebate for 10 years following abatement.
6. McKesson
Size: 500,000 s.f.
Product Type: Office Location: Irving
Details: Expansion included the purchase of an existing office building in Irving for shared services operations.
Jobs: 975 Incentives: $9.75 million Texas Enterprise Fund grant, and an additional $2 million in incentives from the city of Irving.
3. PGA of America
Size: 100,000 s.f.
Product type: Office
Location: Frisco
Details: HQ relocation from Florida, anchoring a $500 million mixed-use development that includes multiple golf courses.
Jobs: 100
Incentives: $1.5 million Texas Enterprise Fund grant; $62.5 million in state tax rebates; and local grant and tax rebate contributions.
7. TIAA
Size: 500,000 s.f.
Product type: Office
Location: Frisco
Details: $58 million corporate center.
Jobs: 2,000
Incentives: $18 million Texas Enterprise Fund grant and a $19,000 Veteran Created Job Bonus.
4. Texas Instruments
Size: 4.7 million s.f.
Product type: Industrial
Location: Sherman
Details: $30 billion semiconductor fabrication plant.
Jobs: 3,000
Incentives: 30-year, 90% property tax abatement and rebate from city and county; 25% water rate reduction for Phase I from city; 10-year property tax abatements from ISD and community college; and $1 million EDC grant.
8. MD7
Size: TBD
Product type: Office
Location: Allen
Details: $6.8 million U.S. HQ relocation of a mobile infrastructure company.
Jobs: 218
Incentives: $773,000 Texas Enterprise Fund grant, including a $10,000 Veteran Created Job Bonus.
11. Infosys Innovation Hub
Size: Adding to current 44K s.f.
Product type: Office
Location: Richardson
Details: Expanding Richardson operations with a Technology Innovation Hub.
Jobs: 500
Incentives: $3.1 million Texas Enterprise Fund grant; additional support from the city of Richardson.
Dallas
10. Wells Fargo
Size: 800,000 s.f.
Product Type: Office
13. Facebook
Size: Up to 2.5 million s.f.
Product type: Data Center
Location: Fort Worth
Details: $1 billion Facebook data center campus in Alliance will eventually include five buildings and will be powered by 100% renewable energy.
Jobs: 100+
Incentives: City grants on real and business personal property taxes over 20 years; 10-year abatement of up to 60% of property value for Tarrant County taxes and 40% for Tarrant County Hospital District taxes. The site will also use the state sales tax incentive on data centers.
Fort Worth
Location: Irving
Details: $400 million office campus in Las Colinas.
Jobs: 4,000
Incentives: $5 million Texas Enterprise Fund grant; $31 million in TIF district funds and other economic incentives from the city of Irving.
14. Sunrider International
Size: 1 million s.f.
Product type: Industrial Location: Midlothian
Details: New manufacturing facility and warehouse.
Jobs: 210 Incentives: 10-year, 55% property tax abatement from city and county; Midlothian Economic Development agreement for land purchase forgivable loan.
15. The Kroger Co.
Size: 360,000 s.f.
Product type: Industrial Location: Dallas
Details: Kroger built its fifth Ocado automated fulfillment center on a 56-acre plot of land in the southern Dallas Inland Port area.
Jobs: 400 Incentives: $5.7 million in property, business tax abatements and bond funds for the project from the city of Dallas.
12. Goldman Sachs
Size: 800,000 s.f.
Product type: Office
Location: Downtown Dallas
Details: $480 million office campus construction.
Jobs: 5,000
Incentives: $4.4 milliion in grants and $13.6 million in property tax abatements from the city of Dallas.
16. Niagara Bottling
Size: 1.2 million s.f.
Product type: Industrial Location: Lancaster
Details: New beverage manufacturing operation.
Jobs: 70
Incentives: 50% real and business personal property tax rebate for 8- and 10-years, respectively; $1 million in partial sales tax rebates.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 820 35W 75 80 175 360 183 114 78 12 30 45 20 635 35W 35E 35E 161 30 35 20 20 121 35W 35E 75
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
169
Texas Enterprise Fund
Recipients in the North Texas Region Region Totals (since TEF inception)
NOTE: Some awards and job totals may be divided between more than one region.
Top 50 TEF grant awards by amount offered *Project has reached completion of TEF contract
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 170 COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
Total Grant Amount Offered:
Total Committed Capital Investment:
Total Committed New Jobs:
Total Approved Recipients: 80
$283.3M
$9.76B
47,315
North Texas Region Company Industry Direct Jobs Capital Investment TEF Grant City 1 Texas Instruments/University of Texas at Dallas Semiconductors n/a $3,000,000,000 $50,000,000 Richardson 2 Toyota Motor North America, Inc. Automotive HQ Relocation 3650 $345,000,000 $40,000,000 Plano 3 Triumph Aerostructures Aerospace Manufacturing 3000 $598,000,000 $35,000,000 Dallas 4 Bank of America* Financial Services 3876 $200,000,000 $20,000,000 Richardson 5 TIAA Financial Services 2000 $57,980,000 $18,019,000 Frisco 6 Fidelity Global Brokerage Financial Services 850 $200,000,000 $8,500,000 Town of Westlake 7 Tyson Foods Food Processing 1600 $97,150,000 $7,000,000 Sherman 8 Charles Schwab & Co. Financial Services 1200 $100,000,000 $6,000,000 Westlake 9 McKesson Corporation Pharmaceutical Distribution 975 $157,000,000 $5,850,000 Irving 10 Texas Instruments Incorporated Semiconductor Manufacturing 488 $3,153,000,000 $5,124,000 Richardson 11 Microsoft Corporation Computer Software Publishing 575 $31,400,000 $4,874,850 Irving 12 Gartner, Inc. IT Research and Advisory 800 $12,400,000 $3,900,000 Irving 13 Omnitracs LLC IT Services 450 $10,000,000 $3,900,000 Dallas 14 Kubota Tractor Corporation Agricultural Machinery Manufacturing 344 $51,000,000 $3,800,000 Grapevine 15 Ericsson, Inc. Telecom Equipment Mfg. 410 $134,000,000 $3,592,400 Lewisville 16 Comerica Financial Services 200 $16,250,000 $3,500,000 Dallas 17 CBRE, Inc Commercial Real Estate 460 $29,600,000 $3,450,000 Dallas 18 CBRE, Inc Commercial Real Estate 550 $13,000,000 $3,300,000 Richardson 19 Infosys Limited IT Consulting & Services 500 $12,300,000 $3,075,000 Richardson 20 Klein Tools Hand Tool Manufacturing 585 $18,000,000 $2,800,000 Mansfield 21 Allstate Insurance Company Insurance 1300 $11,000,000 $2,600,000 Irving 22 Active Network LLC IT Services 1000 $13,000,000 $2,580,000 Dallas 23 T-Mobile* Wireless Communications 855 $20,700,000 $2,150,000 Frisco 24 Freshpet, Inc. Pet Food Manufacturing 427 $264,500,000 $2,138,000 Ennis 25 GE Transportation Locomotive Manufacturing 330 $96,000,000 $2,100,000 Fort Worth 26 Digital Realty Real Estate/Data Centers 200 $126,717,841 $2,046,000 Dallas 27 Torchmark Insurance 500 $26,600,000 $2,000,000 McKinney 28 Maxim Integrated Products* Semiconductors n/a n/a $2,000,000 Irving 29 Wesco Aircraft Hardware Corp Aerospace Mfg 239 $7,040,000 $1,826,400 Fort Worth 30 Wagners CFT Composite Fibers Manufacturer 304 $40,175,000 $1,799,984 Cresson 31 Health Management Systems (HMS) Health Care Data Services 350 $17,687,439 $1,600,000 Irving 32 Ruiz Foods* Food Processing 423 $48,880,413 $1,500,000 Denison 33 The Professional Golfers' Association of America Trade Association 150 $30,000,000 $1,500,000 Frisco 34 Cognizant Technology Solutions IT, Consulting and Business Pr 750 $8,452,000 $1,449,000 Irving 35 D6 Packaging Manufacturing 231 $27,000,000 $1,438,200 Sulphur Springs 36 Golden Living (GGNSC) Health Care Facilities 100 $8,400,000 $1,400,000 Plano 37 Jacobs Engineering Group Inc. Engineering Services 111 $4,000,000 $1,238,760 Dallas 38 Consolidated Electrical Distributors (CED) Electrical Components Wholesale 120 $3,300,000 $1,200,000 Irving 39 Frito-Lay IT for Food Manufacturing 125 $4,500,000 $1,125,000 Plano 40 VCE* Computer Systems/IT 130 $40,000,000 $1,000,000 Richardson 41 USAA* Insurance 680 $31,400,000 $1,000,000 Plano 42 Raytheon* Aerospace & Defense 200 $21,700,000 $1,000,000 McKinney 43 CORE West, Inc. Construction 97 $4,000,000 $970,000 Frisco 44 Pactiv Plastic Product Manufacturing 200 $58,000,000 $930,000 Corsicana 45 Golden State Foods Corp. Liquids (Sauces, Dressings, etc.) 150 $19,600,000 $900,000 Burleson 46 Louis Vuitton U.S. Manufacturing, Inc Leather Goods Manufacturing 204 $29,807,000 $851,700 Johnson County 47 Rockwell Collins* Aerospace Manufacturing 105 $6,782,500 $839,196 Richardson 48 Forum Production Oil & Gas Production 200 $16,325,000 $800,000 Gainesville 49 MD7, LLC Telecommunications Consulting 218 $6,839,000 $773,000 Allen 50 Ariat International, Inc Equestrian Footwear & Apparel 75 $40,000,000 $750,000 Fort Worth Source: Texas Economic Development Corporation and the Governor’s Office of Economic Development and Tourism
Opportunity Zones
The Opportunity Zones tax provision is designed to spur economic development and job creation in economically distressed communities. Three tax benefits are available to investors who reinvest capital gains into Qualified Opportunity Funds. These funds can finance commercial and industrial real estate, housing, infrastructure, and existing or start-up businesses in designated census tracts called “Opportunity Zones.”
Tax Benefits:
Temporary Capital Gains Deferral: Realized capital gains that are reinvested in an Opportunity Fund within 180 days can be deferred from taxable income until December 31, 2026, or the date the Opportunity Fund is disposed of, whichever comes earlier.
Step-Up Basis: Gains reinvested in Opportunity Funds will receive a 10 percent step-up in basis after five years and, if invested before Dec. 31, 2019, an additional step-up of five percent at seven years. A maximum of 15 percent of the original gains may be excluded from taxes.
Permanent Exclusion of Taxable Income on New Gains: For investments held for a minimum of 10 years (up to 30 years), investors pay no taxes on any capital gains produced through their investment in Opportunity Funds.
Regional Opportunity Zones
Tarrant and Dallas Counties
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 171 COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
Source: US Dept of Treasury
Dallas Fort Worth Arlington Plano DFW Love Field Frisco 14 mi. 22 mi. 31 mi. 11 mi. 17 mi. 21 mi. 14 mi. FARMERS BRANCH, TEXAS The Heart of the Dallas-Fort Worth Metroplex WE LIKE FARMS, BUT WE DON'T HAVE ANY. FB ALLISON COOK | Economic Development Director | 972.919.2507 | FARMERSBRANCHTX.GOV PREMIUM LOCATION · low city tax rate · NO FARMS CITY OF FARMERS BRANCH TEXAS
Living & Lifestyle
Cost of Living Market Tapestry
Housing Costs and Choices
Live-Work-Play Schools - Public Education Schools - Private Education
Arts, Culture, and Entertainment
Parks and Recreation
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 173
Photo: Dana McCurdy
Cost of Living
The Dallas-Fort Worth region is one of the most affordable large metropolitan areas in the country. The low cost of living is a competitive advantage for companies as they seek to keep labor costs low and recruit the best workers.
Employees in DFW enjoy a higher standard of living with lower housing costs as well as lower costs for groceries, transportation, and health care. The region’s relatively low housing prices— about 50 percent lower than the average of other major metropolitan areas by population—provide a strong edge for companies that operate here to recruit talent.
For example, housing costs in Dallas are 57% lower than in Boston
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 174 LIVING & LIFESTYLE | COST OF LIVING
GROCERIES UTILITIES HEALTH CARE MISCELLANEOUS COMPOSITE HOUSING TRANSPORTATION MISC. COMP. Boston -57% -16% -6% 1% -9% -33% Chicago +18% -36% -10% -1% -31% Los Angeles -33% -60% -14% 3% San Francisco (178.8) Los Angeles (150.7) San Diego (143.8) Phoenix (104.3) Denver (110.5) Seattle (149.9) San Fort Worth (95.1)
Source: C2ER
If you lived in one of these cities and moved to Dallas, here’s how your cost of living would change.
C2ER Cost of Living Index 100=U.S. Average
Minneapolis (98.9)
Kansas City (94.9)
Chicago (120.3)
Boston (149.7)
New York (Manhattan) (228.0)
Philadephia (104.5)
Washington, DC (152.3
Charlotte (97.9) (95.1)
Dallas (102.5)
Austin (101.0)
San Antonio (92.0)
Houston (92.1)
Fort Worth
Atlanta (101.6)
Miami (120.6)
Dallas
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE New York Seattle San Diego San Francisco
COMP. MISC. -13.6% -6.9% +14% -9.5% -13.2% +.5%
in Seattle +11% -57% +1% +1% -15% -35% -54% -31% -24% -29% -26% -80% +4% +8% -69% -27% -14% -8% -13% -38% -14% LIVING & LIFESTYLE | COST OF LIVING
For example, housing costs in Dallas are 54% lower than
175
COMP. MISC. -3.5% -4.7% +2.5% +14.3% -14.5% +12.6% +10.6% -4.9%
Dallas–Fort Worth Market Tapestry
Defining the “character” of the region sometimes involves segmentation. Segmentation systems suggest that people with similar tastes, backgrounds, and lifestyles gravitate toward and connect with one another. The market tapestry map presents areas within DFW where people with various similar characteristics and backgrounds tend to cluster.
ESRI’s Tapestry Segmentation shown on the map combines the “who” of lifestyle demography with the “where” of local neighborhood geography to create a model of various lifestyle classifications or segments of actual neighborhoods with addresses—distinct behavioral market segments. To create this map, U.S. census tracts are divided into 67 distinctive segments based on socioeconomic and demographic characteristics to provide an accurate, detailed description of U.S. neighborhoods. These segments are then grouped into the 14 Tapestry Segmentation LifeMode Summary Groups, which are characterized by lifestyle and lifestage and share an experience such as being born in the same time period or a trait such as affluence.
The market tapestry is a fascinating snapshot of lifestyle choices. Based on demography and geography, the main purpose of this type of data is targeted marketing efforts, but the high-level picture of types of neighborhoods and the people who live in them based on the activities and expenses of those people is a compelling story all on its own. Some segments develop as a result of age, some show up as a result of income, and still others result from ethnic influence.
Source: ESRI Business Analyst
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 176 LIVING & LIFESTYLE | MARKET TAPESTRY
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 177 LIVING & LIFESTYLE | MARKET TAPESTRY Esri, US Census Bureau, Infogroup AFFLUENT ESTATES Established wealth — educated, well-travelled married couples $143,800 $786,400 501,084 17.4% UPSCALE AVENUES Prosperous married couples living in older suburban enclaves. $115,900 $379,200 93,218 3.2% UPTOWN INDIVIDUALS Young, successful singles in the city. $105,500 $78,600 162,424 5.6% FAMILY LANDSCAPES Successful young families in their first homes. $90,200 $253,000 337,655 11.7% GEN X URBAN Gen X in middle age; families with fewer kids and a mortgage. $76,400 $219,000 166,148 5.8% COZY COUNTRY LIVING Empty nesters in bucolic settings. $73,200 $233,300 111,612 3.9% SPROUTING EXPLORERS Young homeowners with families. $70,000 $129,500 620,578 21.6% MIDDLE GROUND Lifestyles of thirtysomethings. $62,100 $70,300 178,233 6.2% SENIOR STYLES Senior lifestyles reveal the effects of saving for retirement. $58,000 $165,000 51,212 1.8% RUSTIC OUTPOSTS Country life with older families in older homes. $53,600 $129,100 109,309 3.8% MIDTOWN SINGLES Millennials on the move— single, urban. $46,400 $14,400 301,491 10.5% HOMETOWN Growing up and staying close to home; single householders. $42,800 $43,400 90,506 3.1% NEXT WAVE Urban dwellers; young, hardworking families. $47,400 $14,400 132,076 4.6% SCHOLARS AND PATRIOTS Highly mobile college and military populations. $38,400 $11,600 22,115 0.8% Median Household Income Households Percentage of DFW Households Median Net Worth
Housing Choices
When it comes to convenience and charm, the Dallas–Fort Worth area offers plenty of housing opportunities. Whether you are a temporary business traveler or a family of five, the region offers diverse housing options for individuals and families of all sizes.
If you lean toward urban chic, relocate to a trendy urban loft, complete with skyline views and downtown ambience. One major trend in DFW housing takes place above shops, restaurants, and movie theaters, thanks to numerous condominium and loft communities scattered throughout the area. Established neighborhoods with abundant choices of single-family homes abound. Or for a more relaxed small-town feel, neighboring communities provide homegrown pride mixed with big-city conveniences and friendly neighbors. Whatever your style, Dallas–Fort Worth has the home for you.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 178 LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
How much house can I buy? $749,999 5 BEDS 3.1 BATHS $635,000 $500,000 3 BEDS 3.1 BATHS 4 BEDS 2 BATHS $399,000 $1,199,900 6 BEDS 4.2 BATHS 2,319SQFT ALLEN 3,446SQFT FLOWERMOUND 2,433SQFT KELLER 7,720SQFT MIDLOTHIAN 2,870SQFT AZLE $289,000 3 BEDS 2 BATHS
FORTWORTH–WEDGEWOOD 4 BEDS 2.1 BATHS
Housing photos provided by CENTURY 21 Judge Fite Company.
1,290SQFT
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 179 LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES Photos provided by CENTURY 21 Judge Fite Company $379,000 4 BEDS 3.1 BATHS $499,000 4 BEDS 2.1 BATHS 3 BEDS 3.1 BATHS $449,900 $579,000 4 BEDS 3 BATHS $399,000 3 BEDS 2 BATHS $375,000 4 BEDS 2 BATHS 2,854SQFT NORTHRICHLANDHILLS 1,949SQFT WHITESETTLEMENT 3,091SQFT CEDARHILL 2,600SQFT DESOTO 1,420SQFT RICHARDSON 2,096SQFT IRVING $369,000 3 BEDS 2.1 BATHS 2,051SQFT DALLAS $465,000 3 BEDS 2 BATHS 2,222SQFT FRISCO $725,000 5 BEDS 4 BATHS 3,972SQFT GRANDPRAIRIE
Housing Costs
The local housing market’s strength even during global economic fluctuations is due to a combination of a lower cost of living (compared with other major metropolitan areas) and a diverse economic base that has kept unemployment figures below national levels. The bottom line for families is that a dollar buys more square footage per home in DFW.
The ease of travel between smaller cities and major job centers allows employees to choose from a variety of communities and neighborhoods to accommodate their lifestyles and price points.
Home Prices Around the Region
Median home prices by ZIP code as of the fourth quarter of 2022 in the Dallas-Fort Worth area as determined by North Texas Real Estate Information System.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 180 LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
Sources: North Texas Real Estate Information Systems, Inc Quarterly NTREIS Economic Report
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 181 LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES $430,001-$577,500 $577,501-$899,000 > $899,000 $100,00-$318,000 $318,001-$430,000
Live-Work-Play in Dallas-Fort Worth
Modern developments in every corner of the Dallas–Fort Worth region make the transition of a move to DFW easier than ever. These wellthought-out living centers make it possible to have an insta-community, where you literally walk from the place you live to shopping, dining, entertainment, green space, public transport, and sometimes even your workplace. Imagine how much time that frees up and how flexible your schedule becomes—not to mention the social opportunities it affords. In Dallas–Fort Worth, you’re lucky enough to have many options for this new style of living. We highlight just a few notable locations. Many more are in the process of being built.
Mockingbird Station Dallas
Centered around a park & ride DART Station. Houses an Angelika Theatre, restaurants, shopping, loftstyle offices, and dwellings.
Main Street District Dallas
Downtown Dallas’ urban revival at its best. Preserved buildings let hotels pair with residences. Active nightlife and dining.
West Village Dallas
Pioneering walkable district in the heart of Uptown. Accessed by DART and the M-Line Trolley. Magnolia Theatre joins scene-packed dining and unique retail.
Cedars/Southside Dallas
Beginning with the conversion of a former Sears distribution center into lofts, the area has grown into a haven for artists, hip bars, and urban dwelling. Alamo Drafthouse, Gilley’s, and Lorenzo Hotel are anchors.
Frisco Square Frisco
Incorporates Frisco’s City Hall and public library along with shopping, apartment buildings, and office space.
Legacy & Legacy West Plano
The Shops at Legacy is the vibrant heart of the Legacy Business Park. Legacy West is the newest addition to the area with 250+ acres of retail, dining, residential, hotel, and offices.
Victory Park Dallas
Anchored by the American Airlines Center with a crowd-gathering screenfilled plaza. High-rise living is upscale and serviceoriented.
Bishop Arts Dallas
Built in the 1920s around Dallas’ busiest trolley stop. Recent redevelopment maintains the vintage artsy character with 160 shops and restaurants.
West 7th Fort Worth
The former headquarters of Acme Brick is now a pedestrian-friendly urban entertainment district not far from downtown, near TCU.
Addison Circle Addison
You’ll remember it for the giant blue steel sculpture in the center of a roundabout. You’ll visit for events like Kaboom Town and Oktoberfest.
Sundance Square Fort Worth
Park free on the 35 blocks of brick-paved streets in Downtown Fort Worth. Features restored turn-ofthe-century buildings and an expansive plaza.
Watters Creek Allen
The first LEED-certified retail complex in Texas offers open-air shopping, dining, office space, and apartments along with weekend concerts and events.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 182 LIVING & LIFESTYLE | LIVE-WORK-PLAY
12 11 10 9 8 7 6 5 4 3 2 1
Alliance Town Center Fort Worth
National large retailers complement grocery stores, a Cinemark movie theater, casual restaurants, and residential complexes.
Downtown Plano Plano
Named as one of America’s best downtowns, it includes a vibrant community of urban living, arts, unique shops, and restaurants.
Southlake Town Square Southlake
The city re-created a modern old-time town square with City Hall and a post office in the center of sidewalk shopping and eating.
Downtown Roanoke
Roanoke
The town’s established Oak Street and plaza has been redesigned, but maintains the historic downtown feel.
Parker Square Flower Mound
Newly-built, but antique-looking storefronts surround a park with a gazebo. Also home to the campus of North Central Texas College.
Cypress Waters Dallas
This thousand-acre planned community sits around a 36-acre lake near Coppell. Includes one of the nation’s first “net-zero” elementary schools.
Eastside Richardson
Next to a DART line for a downtown commute and the Telecom Corridor. Services and a variety of dining options onsite could render you car-free.
Downtown McKinney McKinney
The revamped original historic town square sits in the middle of quaint shops, local restaurants, and entertainment venues.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 1 2 3 4 5 6 7 8 9 10 11 12 13 20 14 15 16 17 18 19 Frisco Station Legacy Town Center Trinity River Vision Main St West 7th Viridian The Gate The Star Eastside Brick Row Grandscape Deep Ellum Legacy West Bishop Arts District Victory Park Parker Square Watters Creek Cypress Waters Downtown Plano Addison Circle Downtown Denton Sundance Square Park Lane Place Downtown Roanoke Rockwall Commons Highland Village Lower Greenville Downtown Mansfield Downtown Burleson Magnolia Avenue Desoto Town Center Downtown Grapevine Village At Rowlett Frisco Square Cedars/Southside Downtown Carrollton Mockingbird Station Amli Galatyn Station Alliance Town Center Cityline Arlington City Center Firewheel Town Center Southlake Town Square Preston Hollow Village McKinney Urban Village Downtown McKinney Lancaster Urban Village West Village/Cityplace Water Street Duncanville Main Street Trinity Groves/West Dallas EpicCentral
20 18 19 17 16 14 13 15 LIVING & LIFESTYLE | LIVE-WORK-PLAY 183
MOVING FORWARD
Surrounded by major freeways, Garland is as accessible and well-positioned as it is diverse and growing. It is a dynamic city where businesses expand and entrepeneurs thrive.
Home to vibrant neighborhoods with over 240,000 residents, a well-rounded school district and more than 2,800 acres of parks and green spaces, Garland is committed to maintaining its quality of life.
GarlandEDP.com STREAM DATA CENTER DRAPER Anchored by the Garland VA Medical Center, Valoris HealthPark will bring revitalization to the community’s medical district and expansion of medical service offerings. A quick walk from Downtown, The Draper is a major mixed-use redevelopment project that will
reimagining of Downtown Garland and broader streetscapes will transform the Square to a community hub for locals and a destination for visitors. DOWNTOWN
The
MEDICAL DISTRICT
Apartment Costs
Apartment dwelling in the DFW area will match your preferences. All types and sizes are found throughout our region. Communities range from traditional apartment complexes to luxury high-rise buildings to large-scale communities with every bell and whistle imaginable. Some newer apartment communities offer fun amenities. These include dog runs, workout facilities, tanning services, and community activities ranging from movies on the lawn to wine tastings to Monday Night Football parties. In recent years, mixed-use communities— which feature multiple apartment buildings, as well as restaurants, shops, movie theaters, and underground parking—are popping up throughout the region, appealing to a segment of people who desire an urban, walkable neighborhood experience without the responsibilities of homeownership.
Two-Bedroom Rent Rates
Average Monthly Rent
< $762 $762-$1,174 $1,175-$1,587 $1,588-$2,000 > $2,000
Source: RealPage
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 186 LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
Say Yes to Dallas, where living means thriving. sayyestodallas.com
@sayyestodallas
Photo by Michael Samples
Top 20 ZIP Codes (2022) Ranked by number
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 188
9 5 1 2 7 3 4 8 6 15 19 10 20 14 13 18 12 11 16 17 1 75126 (Forney) 938 $411,395 2 76227 (Aubrey) 504 $455,458 3 76052 (Haslet) 479 $463,041 4 75189 (Royse City) 470 $394,328 5 76247 (Justin) 380 $485,930 6 75409 (Anna) 337 $442,006 7 76065 (Midlothian) 322 $544,939 8 76063 (Mansfield) 298 $577,060 9 75407 (Princeton) 283 $338,096 10 76226 (Argyle) 280 $644,647 11 75009 (Celina) 279 $676,304 12 75078 (Prosper) 252 $815,960 13 75165 (Waxahachie) 247 $437,148 14 76082 (Springtown) 237 $439,201 15 76179 (Saginaw) 224 $411,562 16 76048 (Granbury) 210 $327,743 17 75035 (Frisco) 210 $837,445 18 76126 (Benbrook) 204 $543,205 19 75068 (Little Elm) 201 $519,093 20 75454 (Melissa) 198 $583,183 Zip Code Number Average (Primary City) of Sales Sale Price Zip Code Number Average (Primary City) of Sales Sale Price Number of Sales
Average Sale
code FUTURE LOTS 1-285 286-1,080 1,081-2,500 2,501-5,000 5,001-13,900 VACANT DEVELOPED LOTS 1-16 17-54 55-123 124-220 221-528
New Home Sales
&
Price by ZIP
SOURCE: Zonda, 2020 SOURCE: MetroTex Association of REALTOR®s from the MLS, Mar 2022-Feb 2023 LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
of new home sales
ATMOS ENERGY IS FUELING SAFE AND THRIVING COMMUNITIES
Compassion to give back to the communities we serve flows through the heart and soul of Atmos Energy’s employees. We are proud to play a vital role in the communities we serve with our time, talent, and resources.
[see] your business here. D ALLA S R I C HA R DS O N P LAN O S A C HS E 75 President George Bush Turnpike Dallas North Tollway 635 30 78 Sachse Economic Development Corporation SachseEDC.com 469.429.4764 EDC@CityofSachse.com
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 189
Schools - Public Education
School districts in the Dallas–Fort Worth region are locally administered and independent of one another and the cities and towns they serve. For example, the Richardson Independent School District (RISD) includes students in Richardson, as well as parts of Dallas and Garland.
The Dallas Independent School District— or Dallas ISD—is the region’s largest school district with approximately 143,000 students. Students attending Dallas ISD schools reside in Addison, Balch Springs, Carrollton, Cockrell Hill, Dallas, Farmers Branch, Garland, Highland Park, Hutchins, Mesquite, Seagoville, University Park, and Wilmer.
Dallas ISD hosts 28 magnet schools and academies, including several that have been nationally recognized. Booker T. Washington High School for the Performing and Visual Arts is in the heart of the Dallas Arts District and includes several internationally known artists among its alumni. The arts magnet, along with the School for the Talented and Gifted and the School of Science and Engineering at Yvonne A. Ewell Townview Center in Dallas, are consistently recognized as being among the best high schools in the nation by U.S. News and World Report.
Other area schools recognized by U.S. News include Westlake Academy (Westlake), Highland Park High School (Highland Park), Uplift Academy (Arlington, Dallas, Irving), Grand Prairie Fine Arts Academy (Grand Prairie), and Young Women’s Leadership Academy (Fort Worth).
In 2022, six area schools were recognized as Blue Ribbon Schools increasing the total number of awards to 55 since 2014. The Blue Ribbon designation is a national honor awarded to those schools that have achieved academic excellence or made significant progress in closing the achievement gap.
The Fort Worth ISD dominates Tarrant County, serving approximately 74,000 students. The district serves most of the city of Fort Worth, as well as those of Benbrook, Westover Hills, and Westworth Village. Students from parts of Forest Hill, Haltom City, and Kennedale also attend FWISD schools. The district is home to the Leadership Academy Network, a system of six leadership academies made possible by a partnership with the Texas Wesleyan School of Education and authorized by Texas Senate bill 1882—the Texas Partnership Opportunity—to improve academic performance.
Choosing a District
Choices abound for schooling in the Dallas-Fort Worth area: public, public charter, private or parochial, and homeschooling. Should you want to send your kids to public school, rest assured that the Dallas-Fort Worth area has many fine choices.
In Texas, public school districts operate independently and are governed by locally elected school boards that implement state guidelines through a selection of instructional programs, curriculum, and local expectations that often exceed state minimums.
Local districts are governed by an independently elected school board of trustees which hires a superintendent as CEO; sets a district philosophy (vision and mission) and local policies; selects a curriculum within the state guidelines; and sets the local ISD tax rate, budget, and district boundaries.
Here’s what you need to consider in finding the right school district for you:
1
The district and school’s philosophy vs. your family’s interests and needs
n Vision, mission, goals
n Size of school and class size
n Grade level alignment (K-4, K-5, K-6, etc.)
n Curriculum variations
n Parent engagement
2
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 commitpartnership.org.
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 190 ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! 8 7 6 5 59 58 56 55 53 48 47 45 44 42 41 40 38 37 34 31 29 28 27 26 22 20 19 16 15 14 13 12 4 3 1 52 32 30 24 23 21 17 11 49 39 Granbury ISD 7712 | 1065 Decatur ISD 3600 | 965 Northwest ISD 27479 1051 Weatherford ISD 8005 1065 Denton ISD 31771 987 Cleburne ISD 7036 | 1012 Fort Worth ISD 74326 | 906 Glen Rose ISD 1982 1040 Waxahachie ISD 10065 1039 Chico ISD 576 926 Lipan ISD 447 | 1020 Slidell ISD 383 | 1049 Aledo ISD 7325 | 1082 Godley ISD 2598 | 946 Tolar ISD 847 | 1002 Alvord ISD 786 967 Bridgeport ISD 2027 | 1061 Lewisville ISD 49113 1131 Sanger ISD 2746 | 1115 Pilot Point ISD 1430 | 1008 Celina 3351 Millsap ISD 1100 | 1020 Azle ISD 6864 | 1029 Midlothian ISD 10391 1017 Brock ISD 2002 | 1046 Alvarado ISD 3595 | 975 Mansfield ISD 35240 1010 Arlington ISD 55594 956 Springtown ISD 3883 | 998 Joshua ISD 5862 | 965 Boyd ISD 1228 | 973 Italy ISD 647 997 Krum ISD 2217 | 1005 Frisco ISD 65617 1156 Poolville ISD 644 971 Rio Vista ISD 817 | 1021 Maypearl ISD 1176 | 1060 Paradise ISD 1281 1039 Milford ISD 238 Grandview ISD 1364 | 1210 Ponder ISD 1574 | 1157 Crowley ISD 16227 | 889 Prosper ISD 21700 1137 Irving ISD 32339 | 900 Avalon ISD 339 1004 Keller ISD 34336 | 1110 Aubrey ISD 3101 | 1048 Burleson ISD 12693 | 1063 Cedar Hill ISD 7112 | 888 Little Elm ISD 8245 | 938 Red Oak ISD 6287 | 941 Lancaster 6978 Peaster ISD 1622 | 1080 Venus ISD 2300 | 979 Birdville ISD 22447 1040 Argyle ISD 4314 | 1157 Grand Prairie ISD 27284 | 918 Richardson Eagle MountainSaginaw ISD 22381 | 1054 GrapevineColleyville ISD 13930 | 1113 Coppell ISD 13107 | 1259 DeSoto ISD 7339 | 887 Duncanville ISD 11944 | 927 Hurst-EulessBedford ISD 22814 | 1114 Carroll ISD 8382 | 1259 CarrolltonFarmers Branch ISD 24888 972 Everman ISD 5457 | 869 White Settlement ISD 6981 | 929 Lake Dallas ISD 3999 | 1073 Kennedale ISD 2836 | 1006 Lake Worth ISD 3632 947 Keene ISD 1016 | 1047 Castleberry ISD 3636 869 LIVING & LIFESTYLE | SCHOOLS - PUBLIC EDUCATION
Source: Texas Education Agency
U.S. News & World Report
Best High Schools (2022)
3
Program offerings and compatibility with your child’s interests and needs
n Athletics
n Career and technology
n Dual credit
n Extracurricular activities
n Fine arts
n Gifted and talented
n Performing arts
n Special education
Charter Schools
5 4
District Characteristics
Each district has a unique profile. Visiting district websites will reveal their distinct features and offerings.
In 1995, the 74th Texas Legislature passed legislation giving the state the authority to create open-enrollment charter schools. These schools are subject to fewer state laws than other public schools and support the idea of ensuring fiscal and academic accountability without undue regulation of instructional methods or pedagogical innovation. Like school districts, charter schools are monitored and accredited under the statewide testing and accountability system.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 191 ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! ! 2 46 43 36 35 33 25 16 9 57 54 51 50 24 18 10 Dallas ISD 143430 | 912 Ennis ISD 5999 | 1012 Terrell ISD 4962 935 Kemp ISD 1689 | 955 Quinlan ISD 2575 | 938 Kaufman ISD 4093 1005 Mabank ISD 3653 | 1110 Greenville ISD 5320 970 Celina ISD 3351 | 1142 Rockwall ISD 17818 1110 McKinney ISD 23238 1068 Garland ISD 52960 | 957 Ferris ISD 2625 | 942 Plano ISD 49241 | 1128 Commerce ISD 1440 1000 Crandall ISD 5439 1026 Lone Oak ISD 1025 | 992 Forney ISD 14314 | 1096 Celeste ISD 483 | 1171 Anna ISD 4436 998 Bland ISD 761 | 1016 Farmersville ISD 2018 1078 Royse City ISD 7610 | 972 Palmer ISD 1252 | 1039 Community ISD 3335 909 ISD 1137 Scurry-Rosser ISD 1083 | 951 Blue Ridge ISD 958 | 976 Caddo Mills ISD 2227 992 ISD 1004 Mesquite ISD 38311 | 922 Lancaster ISD 936 Melissa ISD 4859 1080 Princeton ISD 6765 | 1043 Campbell ISD 303 | 960 Richardson ISD 37358 | 1167 Wylie ISD (Collin) 18155 1075 Allen ISD 21420 | 1178 Lovejoy ISD 4335 | 1185 Sunnyvale ISD 2104 | 1098 Boles ISD 529 | Highland Park ISD (Dallas) 6666 1307 LIVING & LIFESTYLE | SCHOOLSPUBLIC EDUCATION Rank School City 1 8 School For The Talented And Gifted (TAG) Dallas 2 20 Irma Lerma Rangel Young Women's Leadership School Dallas 3 22 School of Science and Engineering Magnet (SEM) Dallas 4 48 Judge Barefoot Sanders Law Magnet Dallas 5 118 Trinidad Garza Early College At Mountain View Dallas 6 120 Grand Prairie Fine Arts Academy Grand Prairie 7 127 Westlake Academy Westlake 8 130 Young Women's Leadership Academy Fort Worth 9 135 Imagine International Academy of North Texas McKinney 10 141 School of Health Professions Dallas 11 173 School of Business and Management Dallas 12 180 Uplift Education - North Hills Prep HS Irving 13 219 Booker T. Washington SPVA Dallas 14 232 Grand Prairie Collegiate Institute Grand Prairie 15 258 Texas Academy of Biomedical Fort Worth 16 272 Barack Obama Male Leadership Academy Dallas 17 281 Highland Park HS Dallas 18 306 Lovejoy HS Lucas 19 333 Dr. Wright L Lassiter Jr Early College HS Dallas 20 336 Uplift Summit International HS Arlington 21 343 Rosie Sorrells School of Edu. and Soc. Services HS Dallas 22 468 Reedy HS Frisco 23 484 Wakeland HS Frisco 24 516 Centennial HS Frisco 25 579 Liberty HS Frisco 26 649 Lebanon Trail HS Frisco 27 678 Kathlyn Joy Gilliam Collegiate Academy Dallas 28 713 Founders Classical Academy Lewisville 29 717 Coppell HS Coppell 30 792 Uplift Williams Preparatory HS Dallas 31 836 Uplift Infinity HS Irving 32 844 Young Women's Leadership Academy at Arnold Grand Prairie 33 861 Heritage HS Frisco 34 880 Harmony School of Innovation - Forth Worth Fort Worth 35 952 Independence HS Frisco 36 1021 International Leadership of Texas - Garland HS Garland 37 1027 New Tech HS at Coppell Coppell 38 1130 Fort Worth Academy of Fine Arts Fort Worth 39 1274 Harmony Science Academy - Euless Euless 40 1372 Harmony Science Academy - Carrollton Carrollton 41 1378 Uplift Hampton Preparatory HS Dallas 42 1421 Frisco HS Frisco 43 1442 McKinney Boyd HS McKinney 44 1444 Byron Nelson HS Trophy Club 45 1474 Keller HS Keller 46 1616 McKinney North HS McKinney 47 1626 Cedar Hill Collegiate HS Cedar Hill 48 1628 Flower Mound HS Flower Mound 49 1675 John Dubiski Career HS Grand Prairie 50 1682 Allen HS Allen 51 1697 Wylie HS Wylie 52 1732 iUniversity Prep Grapevine 53 1739 Young Men's Leadership Academy Fort Worth 54 1807 Richardson HS Richardson 55 1821 Prosper HS Prosper 56 1859 Uplift Heights Preparatory HS Dallas 57 1872 Wylie East HS Wylie 58 1954 Colleyville Heritage HS Colleyville 59 1968 Mansfield HS Mansfield
District Boundaries North Texas School District Ratings, 2022 ISD Name 2022 Enrollment | 2021 SAT Score Legend A B C NOT RATED
SchoolsPrivate Education
Parents send their children to private schools for a variety of reasons. Some select private schools for religious or philosophical reasons. Others value smaller class sizes and individualized attention for their children. Then there are parents who are focused on the highest possible learning standards, advanced placement courses, and rigorous college preparation that leads to enhanced academic opportunities.
The Dallas-Fort Worth area offers a variety of private institutions—some religious, some secular, and some with special niches. Well-known institutions include St. Mark’s School of Texas (Dallas), Hockaday School (Dallas), Greenhill School (Addison), Episcopal School of Dallas, Yavneh Academy of Dallas, Fort Worth Country Day School, and Trinity Valley School (Fort Worth).
Private High Schools
Ranked by 2022-23 Tuition*
1 Greenhill School, $36,240
2 St. Mark’s School of Texas, $35,821
3 Shelton School, $35,600
4 The Hockaday School, $35,465
5 The Episcopal School of Dallas, $35,410
6 Bridge Builder Academy, $35,000
7 Parish Episcopal School, $34,510
8 Alcuin School, $33,485
9 The Winston School Dallas, $31,745
10 Yavneh Academy, $29,420
11 Fort Worth Country Day, $27,430
12 The Oakridge School, $26,680
Private School Calendar
n Testing for private schools often takes place in the fall
n Enrollment is in January or February
n School typically starts earlier in August
20
49
50
*Most recent tuition costs provided, not including other fees. Only schools offering 12th grade are shown. Tuition costs are for 12th grade, and when applicable: for a single child enrolled (no multi-child discounts); for resident students (not international); for non-parishoners; and for payment plan premium.
**2022-23 tuition rates
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DEVELOPMENT
13 Lakehill Preparatory School, $26,600
14 Vanguard Preparatory School, $26,400
15 Dallas International School, $26,000
16 Ursuline Academy of Dallas, $25,900
17 Trinity Valley School, $25,800
18 Trinity Christian Academy Addison, $25,540
19 All Saints Episcopal School Fort Worth, $25,420
Dallas Academy, $25,410
School
Dallas, $25,300
21 The Cambridge
of
St. Anthony School, $24,800
22 The
Christian Academy, $24,486 24 The Selwyn School, $24,100 25 Fairhill School, $23,900 26 Cistercian Preparatory School, $23,800 27 The Covenant School of Dallas, $23,450 28 Hill School of Fort Worth, $22,990 29 The Westwood School Upper School Campus, $22,642 30 Jesuit College Preparatory School, $22,600 31 The Key School, $22,250 32 Southwest Christian School, $21,850 33 Legacy Christian Academy, $21,600 34 Texas Torah Institute, $21,600 35 The Novus Academy, $20,850
Bishop Lynch High School, $20,650
John Paul II High School, $20,500
Prince of Peace Christian School Carrollton, $20,300
Dallas Christian School, $20,076
Liberty Christian School, $20,031
Fort Worth Christian School, $19,760
Covenant Christian Academy, $19,533
Grapevine Faith Christian School, $19,250
The Clariden School, $19,204
Nolan Catholic High School, $18,390
E.A. Young Academy, $18,300
Covenant Classical School, $17,495
Northstar School, $17,400
23 Prestonwood
36
37
38
39
40
41
42
43
44
45
46
47
48
Dallas Lutheran School, $17,050
Bishop Dunne Catholic High School, $16,737
LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION
Source: Texas Private School Accreditation Commission and School websites
Researching Schools
The Dallas-Fort Worth region offers a wide range of private school options. Some of the terms you will encounter as you look at private school options include:
n Learning differences schools –These schools provide for students with learning differences across the spectrum and can range from pre-K through 12th grade.
n Boarding schools – Several of the single-gender private schools offer full-time boarding as well as day student options.
n Language/culture specific –Some schools offer immersion in specific languages, like French, Chinese and Japanese. Many of these schools offer Saturday and summer options for families who
want students to attend a traditional school and supplement with cultural and language immersion.
n Montessori method – This is a child-centered educational approach based on scientific observations of children from birth to adulthood. Schools incorporating this self-direction and discovery method are located across the region, but they generally do not extend beyond elementary. A number of public districts also have a Montessori choice option within the district.
n Classical – These schools are usually characterized by small class sizes and a classics-based education, normally with fewer team athletic options.
n College preparatory – Prep schools focus on academic rigor in preparation for demanding collegiate programs.
n Religious/parochial – Some schools are associated with specific religious denominations or churches and incorporate religious teaching as part of the curriculum.
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 193 LIVING & LIFESTYLE | SCHOOLSPRIVATE EDUCATION 9 8 7 6 5 3 50 49 49 48 47 46 45 44 43 42 41 40 39 38 37 36 33 32 31 28 25 24 22 20 18 13 12 11 4 2 1 35 34 30 29 27 26 23 21 19 17 16 15 14 10
Legend Private School
Arts, Culture, & Entertainment
The Dallas-Fort Worth region has several major arts districts. The Dallas Arts District, anchored by the Dallas Museum of Art, Morton H. Meyerson Symphony Center, and AT&T Performing Arts Center, is nearly 70 acres—the largest contiguous urban arts district in the country. Here you can catch a performance of Texas Ballet Theater, a Broadway touring production, classical or local musicians, a night of live storytelling, TED talks, movies and music under the stars, festivals, art exhibits, and so much more. The Fort Worth Cultural District claims five internationally recognized museums, including the Kimbell Art Museum, the Amon Carter Museum of American Art, and The Modern.
Beyond the fantastic cultural centers, the region is home to hundreds of smaller museums and public galleries, scores of professional and community theaters, and dozens of local symphony and chamber orchestras, dance troupes, and opera associations. Dallas-Fort Worth is Texas’ most arts-intensive metro area on a per capita basis—a great deal of money per person goes to cultural arts. No matter what artistic pursuits you enjoy, you can find them here. You could spend every weekend in our arts districts and never run out of new things to do.
Music and Theater of Dallas-Fort Worth
Ballet Folklorico
Bass Performance Hall
Casa Mañana
Charles W. Eisemann Center
Circle Theatre
Dallas Black Dance Theatre
Dallas Children’s Theater
Dallas Summer Musicals
The Dee and Charles Wyly Theatre
Grapevine Opry
Irving Arts Center
Kalita Humphreys Theater
Latino Cultural Center
Majestic Theater
The Margot and Bill Winspear Opera House
Moody Performance Hall
Morton H. Meyerson Symphony Center
The Patty Granville Arts Center
Texas Ballet Theater
Museums of Dallas-Fort Worth
African American Museum
Amon Carter Museum
Cavanaugh Flight Museum
The Children’s Aquarium at Fair Park
Dallas Heritage Village
Dallas Holocaust and Human Rights 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
National Soccer Hall of Fame
Perot Museum of Nature & Science
The Sixth Floor Museum at Dealey Plaza
The Trammell & Margaret Crow Collection of Asian Art
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 2023 194 LIVING & LIFESTYLE | ARTS, CULTURE, AND ENTERTAINMENT
Modern Art Museum of Fort Worth
Turtle Creek Chorale - Dallas
Dallas Black Dance Theatre
Photo: DVisit Dallas
Photo: Michael Mcgary
Photo: Michael Samples
Dallas Arts District
Dallas Museum of Art
Nasher Sculpture Center
Crow Collection of Asian Art
Morton H. Meyerson Symphony Center
The Perot Museum of Nature and Science
The AT&T Performing Arts Center:
The Margot and Bill
Winspear Opera House
The Dee and Charles Wyly Theatre
Moody Performance Hall
Annette Strauss Artist Square
Fort Worth
Cultural District
Amon Carter Museum of American Art
Kimbell Art Museum & Renzo Piano
Pavilion
Darnell Street Auditorium
Modern Art Museum of Fort Worth
Casa Mañana
National Cowgirl Museum and Hall of Fame
Fort Worth Museum of Science and History
Fort Worth Community Arts Center
W.E. Scott Theatre
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 195 LIVING & LIFESTYLE | ARTS, CULTURE, AND ENTERTAINMENT
Margot and Bill Winspear Opera House
Nasher Sculpture Center
Perot Museum of Nature and Science
Photo: Nasher Sculpture Center
Photo: Nigel Young, Foster + Partners
Photo: Perot Museum of Nature and Science
Parks and Recreation
The Dallas-Fort Worth region offers a bevy of recreational opportunities with several lakes and state parks featuring boating, water sports, hiking trails, and options for mountain and road biking. The sports scene is enormously popular, as well.
Parks and Nature Centers
Audubon Center at Cedar Hill
Cedar Ridge Preserve
Children's Aquarium at Fair Park
Dallas Arboretum
Dallas World Aquarium
Dinosaur Valley State Park
Dogwood Canyon Audubon Center at Cedar Hill
Fort Worth Botanic Garden
Fort Worth Japanese Garden
Fort Worth Nature Center and Refuge
Fossil Rim Wildlife Center
HEARD Natural Science Museum & Wildlife Sanctuary
River Legacy Park and Science Center
The Rory Meyers Children’s Adventure Garden
Trinity Forest Adventure Park
Trinity River Audubon Center
Zoos
Dallas Zoo
Fort Worth Zoo
Rodeo
Fort Worth Stock Show and Rodeo
Mesquite Rodeo
Stockyards Championship Rodeo
Auto Racing
Texas Motor Speedway
Texas Motorplex
Golf
PGA Tour—AT&T Byron Nelson Championship
PGA Tour—Charles Schwab Challenge
Professional Sports
Allen Americans (Minor League Hockey)
Arlington Renegades (XFL)
Complexity Gaming (Esports organization)
Dallas Cowboys (NFL)
Dallas Jackals (Major League Rugby)
Dallas Mavericks (NBA)
Dallas Sidekicks (Soccer)
Dallas Stars (NHL)
Dallas Wings (WNBA)
FC Dallas (Major League Soccer)
Frisco Fighters (Indoor Football League)
Frisco RoughRiders (Minor League Baseball)
Lone Star Brahmas (Junior League Hockey)
OpTic Gaming (Esports organization)
Texas Elite (Women’s Football)
Texas Legends (Minor League Basketball)
Texas Rangers (MLB)
Green Space
Cedar Hill State Park Cedar Hill
n Fishing, boating, and kayaking on Joe Pool Lake
n 1,200 acres with 15 miles of mountain biking trails
n Walking trails through open fields and wooded areas
n More than 350 wooded campsites
n Penn Farm Agricultural History Center
River Legacy Park Arlington
n 1,300 acres of forests and greenbelts
n 10 miles of cross-country trails
n A treetop playground that looks like a giant treehouse
n A canoe launch with access to up to 8 miles of paddling
n River Legacy Living Science Center
Arbor Hills Nature Preserve Plano
n 200 acres of rolling hills for exploring
n Off-road biking trails
n Picnic pavilion and kids playground
n Butterflies, birds, and other wildlife
n Dog friendly
Grapevine
n 252 acres on the shore of Lake Grapevine
n Sloping sandy beaches and camping
n Swimming, paddleboarding, and kayaking
n Large, colorful children’s playground area
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Meadowmere Park
1 2 3 4 5 1 2 4
PHOTO: CITY OF PLANO
n Next to the Fort Worth Zoo, along the banks of the Trinity River
n Annual events such as Mayfest and the National Veterans Day Run
n Miniature Railroad
n Natural surface trails for hiking, biking, and running
n Fishing and duck feeding
North Texas Trails
Walking, running, hiking, and biking are popular here, and we’ve got plenty of places to explore outdoors. The city of Dallas has more than 150 miles of hike and bike trails—and outside the city, where urban life gives way to more pastoral pursuits, you’ll find so many more. The LOOP Dallas is an ongoing effort to connect existing and planned walk and bike trails to create a 50-mile active transportation network around the core of Dallas. Other recommended trails in the region include 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.
Popular Trails
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Trinity Park Fort Worth
White Rock Lake Park Dallas
n 9.33-mile hike and bike trail
n Shoreline picnic areas
n Kayak and paddleboard rentals
n Audubon Society bird watching area
n Dallas Arboretum and Botanical Garden
Klyde Warren Park Dallas
n 5.2 acres downtown
n Performance pavilion, walking trails, dog park, children’s playground, and games area
n Free events such as book signings, group exercise, movies, music
n Food trucks every day
5 6 7
n Accessible by M-Line Trolley and DART
1
Park
3
4
Hills 5
6
Creek 8
Creek Preserve 9 Horseshoe 10 Harry
Park
L.B. Houston Nature Trails 12 River Legacy 13 Oak Cliff Nature Preserve 14 Boulder Park
Big Cedar 16 Goat Island Preserve 15 14 13 11 12 9 5 3 4 6 2 1 10 16 8 7
SOURCE: DRC Research
Erwin
2
Frisco NW Community Park Trail
Knob Hills
Arbor
Northshore Trail
Katie Jackson 7 Squabble
Rowlett
Moss
11
15
Arbor
Preserve
Hills Nature
3 6 7 3 7 6
A
D T
S T I L L
W W W . T E R R E L L T E X A S E D C . C O M C O N T A C T R A Y D U N L A P , P C E D , P R E S I D E N T 4 6 9 - 5 3 4 - 2 7 1 9 • R A Y @ T E R R E L L T E X A S . C O M
T E R R E L L , T X I S
N
H E R E I S
R O O M F O R Y O U ! B O O M I N G
Project Pipeline
Significant Projects Future Projects
2023 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE 199
Significant Projects
The Dallas-Fort Worth region is well known for taking on massive construction projects. They range from public infrastructure projects, such as the expansion of Interstate 35 and extending and connecting regional transit systems, to the creation of entirely new business parks and mixed-use developments, to land reclamation for parks and recreational development. No matter where you travel in North Texas, largescale construction projects are underway to improve the quality of life for area residents.
1
Cypress Waters
Cypress Waters is a 1,000-acre mixeduse development. The Billingsley Co. property has become a magnet for headquarters like 7-Eleven, AMN Healthcare, and Nokia. New tenants include Omni Logistics (retail), Ascent Solutions (cybersecurity), and Alphabet subsidiary, Wings (drone delivery). Software company Optym will relocate from Florida and local health care leader, Lightbeam, will open offices in 2023.
2
Downtown Dallas
Goldman Sachs has broken ground on North End, a new $500 million office tower complex near Victory Park that will house 5,000 employees. The 980,000-square-foot office is the first phase of an 11-acre mixed-use development overlooking a 1.5-acre park. The East Quarter is an urban neighborhood revival effort by Todd Interests that connects the CBD core with Deep Ellum, a nightlife destination. Adding to the restoration of 18 historic buildings and construction of 300 Pearl, a new 20-story mixed-use development, is a new $195 million, 47-story residential tower designed by HKS that will break ground in 2023. Nearby in the Dallas Arts District, Portman Holdings will construct a three-tower mixed-use Dallas Gateway development, a 50-story tower flanked by two residential towers. Dallas Mavs owner Mark Cuban is nearing completion of an $11 million, 22,000-square-foot drug manufacturing facility in Deep Ellum to support his industry-disrupting Cost Plus Drugs Co.
Texas Live!
Globe Life Field, home of the Texas Rangers, first opened its doors for the 2020 MLB season. The 38,000seat, retractable-roof facility anchors a $2.25 billion mixed-use Arlington Entertainment District known as Texas Live! The new Live! by Loews resort sits in walking distance to the Dallas Cowboys’ AT&T Stadium, the Esports Stadium Arlington, and the anticipated National Medal of Honor Museum. And a $1 billion Phase II is underway with a $550 million Loews Arlington Hotel and Convention Center and luxury resortstyle apartments called One Rangers Way, a 300-unit community with 43,000 square feet of amenity space.
Texas Instruments
Texas Instruments broke ground on the largest private sector economic development project in Texas’ history in 2022. The new 300-mm semiconductor wafer fabrication plant located in Sherman represents a potential $30 billion investment supporting up to 3,000 direct jobs. While production is expected to begin in 2025, TI went live with another 300-mm plant in Richardson in 2022. Also in 2022, semiconductor manufacturer, Globitech, announced the selection of Sherman for a new $5 billion, 3.2 million-square-foot silicon wafer facility to begin production by 2025. Finally, Finisar announced plans for expansion of its current Sherman semiconductor plant.
Wells Fargo
Wells Fargo announced the construction of a new campus on the north shore of Lake Carolyn in Irving’s Las Colinas development. With a $455 million capital investment in an 800,000-square-foot facility, Wells Fargo will consolidate most of its 3,000 local employees to the 22-acre campus which is expected to open by 2024. The campus will anchor a planned Northshore District which will also host a 17-acre mixed-use project that will include retail, public open space along the lake, and 400,000 square feet of additional office space. The Wells Fargo campus will be the largest office development in Las Colinas since 1985.
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PROJECT PIPELINE | SIGNIFICANT PROJECTS
4 3
5
Goldman Sachs
East Quarter Cost Plus Drugs
● Office Under Construction
● Announced Office Projects
● Industrial Under Construction
● Announced Industrial Projects
6
7 121 & Dallas North Tollway
Grandscape, named one of the most innovative entertainment venues in the world, is a $1.5 billion, 433-acre mixed-use development in The Colony. Though the project is anchored by a 560,000-square-foot Nebraska Furniture Mart, the project boasts many unique entertainment options including a 180-foot tall Grandscape Wheel; an adults-only mini-golf concept, Puttery; an immersive group gaming experience, Electric Gamebox ; and will soon open an immersive virtual event experience, Cosm
Legacy West is a $3 billion, 255-acre mixed-use destination in Plano that includes 415,000 square feet of retail, more than 1,200 residential units, and a 303-room Renaissance Hotel. The three-story Legacy Hall is home to dozens of restaurants, plus the Lexus Box Garden, a 1,500-person capacity outdoor beer garden and event space with a 600-square-foot stage and LED-screen.
North Platinum Corridor in Frisco, located along the Dallas North Tollway, is home to the 162-acre HALL Park , one of the premier office parks in Texas. A $7 billion transformation is underway to expand campus usage with a boutique hotel, multifamily residences, a food hall and the 5.7-acre Kaleidoscope Park , an innovative, public greenspace that will open in 2023. Close by, the University of North Texas began classes at the $100 million, 135,000-square-foot Frisco Landing, the first building on its new 100acre campus.
RedBird Mall
The first phase of the $200 million, 95-acre RedBird Mall redevelopment project is nearing completion and includes new office, retail, and residential components. The Starbucks on site is one of the highest trafficked stores in Dallas and many new retail and restaurant establishments have opened. The 300-unit Palladium RedBird apartment building was completed in 2021. Health organizations have opened operations on site, including Children’s Health, Parkland Hospital, and a 150,000-square-foot UT Southwestern facility. Additional project plans include a Marriott hotel and a grocery store.
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Grandscape
Legacy West UNT Frisco Landing
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Castle Hills
Castle Hills is a highly accessible
2,900-acre master-planned, mixeduse community in Lewisville. Two main communities anchor the development. Crown Center is a 140-acre mixed-use project that will ultimately include 2,000 apartments, 3 million square feet of office space, 140,000 square feet of dining and shopping, and 500 hotel rooms. The Realm is a $1.5 million mixed-use project that will include 5,000 apartments and 1.5 million square feet of retail offices and restaurants.
North U.S. 75 Corridor
Legacy Central in Plano is an 85-acre, technology-oriented mixed-use campus that serves as home to a number of corporate headquarters and offers amenities such as a food hall and green space that connects the campus. Heritage Creekside is a $900 million, 156-acre mixed-use project that includes over 1,000 multi-family units, 287 single-family homes, and multiple restaurants, retail, and 1 million square feet of office buildings.
The Farm, a 135-acre mixed-use development in Allen, was selected in its category as the best real estate deal by the Dallas Business Journal. The first element to open in 2022, The HUB, is a 3-acre, family-friendly entertainment venue that will support the planned office, retail, hotel, and residential elements.
In McKinney, Kaizen and JLL delivered an eight-story, 200,000-square-foot office building in District 121, a $250 million, 18-acre mixed-use development. Hub 121, a nearby 85,000-square-foot entertainment project, opened retail, restaurant, and coworking space in 2022, and will soon offer a music pavilion and 6,000-square-foot event space.
EpicCentral
EpicCentral is a 172-acre mixeduse park site development located in Grand Prairie that anchors the EpicCentral entertainment district corridor. EpicCentral is home to the Epic Waters Indoor Waterpark ; The Summit adult recreation center; The Epic multi-use community facility; Playgrand Adventures, an all-inclusive playground; Bolder Adventure Park ; and a 90,000-square-foot Chicken N Pickle A new 15,000-square-foot convention center and two connecting hotels will open in Fall 2023. Elsewhere in the EpicCentral corridor, BigShots Golf is planning a 12-acre, two-story tee-line with 80 interactive climate-controlled tee boxes; Andretti Indoor Karting and Games will build a 96,000-square-foot facility; and Bass Pro Shops will build a 100,000-square-foot Outdoor World destination store.
Pegasus Park
Pegasus Park is Dallas’ first state-ofthe-art life science cluster located less than 5 miles from downtown Dallas and adjacent to the Medical District. The 23acre campus is anchored by the 18-story Pegasus Tower that houses a diverse array of tenants from corporate partners like McKesson to growing startups like Taysha Gene Therapies to top university research and commercialization offices from UT Southwestern and Southern Methodist University to dozens of social impact nonprofits. BioLabs operates the BioTech+ Hub at Pegasus where a 40,000-squarefoot flexible lab, training, and office space house advanced biotech ventures including Colossal and ReCode Therapeutics
The Hub will expand in 2023 with Bridge Labs, a new 135,000-square-foot lab and office building. MassChallenge and other accelerator programs also operate at the Hub.
Southern Gateway Park
Phase One of the $172 million, five-acre deck park over I-35E is slated to open in spring of 2024 as the centerpiece of a $670 million, TxDOT-led highway reconstruction project completed in 2022. The supporting infrastructure work was completed just as the project received $7.75 million for park amenities from the FY2023 omnibus spending bill. Among other features, the park will offer a stage pavilion and a 15,000-squarefoot lawn for performance events A promenade will thread through the park passing by a restaurant/retail complex and educational elements like “history stairs,” an amphitheater, and an escarpment wall for neighborhood art and stories. The park will be augmented by the Dallas Zoo’s planned 7-acre park that will ultimately help stitch together Oak Cliff neighborhoods cleft by the opening of the freeway in 1960.
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Craig Hughes - 2 14-5 4 3-38 2 1 Hughes Commercial Real Estate and Development, LLC William Myer s - 940-665-524
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Executive Director Gainesville EDC
Future Projects
For the Dallas-Fort Worth region, there’s no time like the present to ensure that the bustling metro area remains an innovative, forwardthinking place for generations to come. Future developments spanning several years in planning and construction are helping to keep Dallas-Fort Worth at the forefront of industry and livability. The future of the metro area is rife with innovative developments, impactful architectural feats, and attention to design to strengthen the region’s appeal.
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Fort Worth Convention Center
The City of Fort Worth has begun Phase I of an expansion to its Convention Center with a $30 million effort that includes a new modern industrial kitchen and an increased number of loading docks to be hidden by a public facing video screen or decorative wall. Officials are also considering creating a Convention Center District with a $43 million realignment of Commerce Street intended to spur convention-supporting developments. Additional Convention Center enhancements would be included.
DFW Airport Terminal Improvements
In 2022, DFW Airport officials resumed efforts to construct Terminal F—the sixth terminal at DFW—with a $27.8 million capital spending request. Though Terminal F was postponed during COVID, DFW moved forward with renovation of Terminal C. The $4.5 billion Terminal C Pier project employs the latest technology to improve the passenger experience. Four new High C Gates were constructed in modular fashion and rolled into place to minimize airport disruptions. Dynamic glass windows and smart restrooms enhance passenger comfort.
Collin Creek Mall Redevelopment
Centurion is working to transform Plano’s first major shopping center built in 1981, Collin Creek Mall, into a phased $1 billion pedestrian-friendly mixed-use project that will become a live-workplay destination. Phase I of the 99-acre redevelopment project broke ground with single-family townhomes and multifamily blocks under development. Other elements will include 308,000 square feet of retail, 1.3 million square feet of office space, 8 acres of park area, and 1.6 miles of trails.
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2 University Hills
Hoque Global is developing 270 acres in southern Dallas on a site next to the University of North Texas at Dallas campus that community leaders anticipate will spur growth in a historically underinvested area. The first phase of the project includes 500 single-family units, 250 apartments, and nearly 200,000 square feet of office and retail space. Full build-out will include 1,500 multifamily units, 50 acres of green space and 1.5 million square feet of commercial space that may include offices, flex space, and life science facilities.
DART Silver LinePlano to DFW Airport
DART’s Silver Line is a $1.89 billion commuter rail that will connect Plano to DFW International Airport with stops at 8 stations in between. The route follows that of the old Cotton Belt Railroad freight line and will stretch 26 miles. The route opens up opportunities for new transit-oriented development at planned stops that include Cypress Waters in Irving, downtown Carrollton, the Addison Transit Center, and CityLine in Richardson. The Silver Line is scheduled to begin operating as soon as late 2025.
Dallas International District
The Dallas International District is a 450acre area of North Dallas that a publicprivate partnership is transforming into a center for international businesses of all sizes. The District centers around a planned 20-acre park, The Commons As a Civic Innovation Smart Zone, the district will leverage best practices in smart cities and eco-friendly design. NCTCOG authorized funding for an automated people mover pilot project, and Dallas ISD set aside funding for a STEAM Academy nearby. In 2022, the French-American Chamber opened a new trade office.
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Newpark–A Smart District & SoGood at The Cedars
Hoque Global and partners are developing Newpark–A Smart District, a 20-acre site south of Dallas City Hall. The $3.5 billion multi-phase project is slated to become a major tech and educational hub supported by smart and sustainable technologies and innovations. In addition to millions of square feet of office, residential, and retail space will be a unique 1 million-square-foot educational campus focusing on pre-K through post-secondary education. Phase one will include the project centerpiece, One Newpark, a 38-story mixed-use tower with 225,000 square feet of office space, 268 mixed-income residential units, a 245-room hotel, and street-level retail.
Just south of I-30 near downtown Dallas, Hoque Global plans to develop 15 acres of former industrial land sitting in an Opportunity Zone into a mixed-use neighborhood called SoGood at The Cedars. The master-planned urban community sits in proximity to Farmers Market, Deep Ellum, and Fair Park. Anchoring the development will be an innovation center— GSV Labs at SoGood—which will serve as an incubator for local startups, entrepreneurs, and creative firms.
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TxS Life Sciences District
NexPoint, a Dallas-based investment firm, revealed a $3.6 billion, 200-acre life sciences development known as TxS, or “ Technology x Science,” at the former EDS headquarters campus in Plano. Over 4 million square feet of lab, office, and therapeutic production space would be dedicated to fostering innovation and collaboration among companies and institutions across the life science sector Site plans call for more than 1 million square feet of lab, office, and amenity space in Phase I, with future improvements that include a public park, amphitheater and connectivity to Legacy West retail.
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Newpark –A Smart District
SoGood at The Cedars
Field Street District
Woods Capital is planning to break ground in 2023 on the first of two towers in a $1 billion, 6-acre mixed-use project known as the Field Street District. Due to its central location, the Field Street District’s office and residential highrises present an opportunity to connect six distinct neighborhoods in downtown Dallas by focusing on park-like pedestrian elements and common spaces. Within walking distance sits the Dallas World Aquarium and West End to the east, the Perot Museum and Victory Park to the north, Klyde Warren Park and the Arts District to the west, and the Main Street District and commercial center to the south.
Universal Parks & Resorts
Universal Parks & Resorts announced plans for a new theme park and hotel concept in Frisco unlike any other in its portfolio. Located in the $10 billion Fields development, the proposed 97-acre park would cater specifically to families with young children and would bring wellknown Universal characters and stories to life in a “lush green landscape featuring immersive themed lands.” While the park would be smaller than other Universal products, the purpose of the design is to be more intimate and engaging for a younger audience.
Texas A&M-Fort Worth
The Texas A&M University System is moving forward with a Tier 1 research campus in downtown Fort Worth that will anchor a technology and innovation district surrounding the city’s convention center. The three-building, high-rise complex will offer classrooms, labs, and flexible research and maker spaces that will serve as a hub for research, workforce training, and academic programming. With an estimated $350 million price tag, the campus will include a Law & Education Building, a Research and Innovation Center, and a Gateway conference center and offices.
Dallas Convention Center
The Dallas City Council approved plans for a $3 billion realigned convention center which voters ratified in a $1.2 billion bond proposition in November 2022. The current facility will be torn down and replaced with a 2.5 millionsquare-foot convention center. The project will connect downtown to surrounding neighborhoods to the south with a deck park spanning I-30. The facility will include 800,000 square feet of exhibit space and 400,000 square feet of additional space, including a 105,000-square-foot ballroom. The new facility’s orientation will open up approximately 30 acres of underutilized land for private-sector development to support the convention center as a destination location. Construction is scheduled to begin in 2024.
The Mix
Located in the North Platinum Corridor of Frisco, The Mix is a $3 billion progressive “mixed-experience” community built around a vibrant central park. The 28-acre project is designed to Fitwel community standards, the world’s leading certification system committed to building universal health. The 9-acre park will include an event lawn and performance pavilion, playgrounds, promenades, and a pond. Other features will include 2 million square feet of office space, 375,000 square feet of retail, including a grocery store, a 400-room business hotel, a 200-room boutique hotel, and 3 million square feet of residential space.
Panther Island
After many cycles of Congressional negotiations, the U.S. Army Corps of Engineers secured $400 million in federal funding necessary to complete flood control measures that will create Panther Island. Two bypass channels and supporting infrastructure are scheduled for a 2029 completion date with dams and pump stations being completed three years later. The project is expected to open up 440 acres of developable real estate for which Fort Worth officials have retained HR&A Advisors to help re-imagine an overall vision. The original project plan called for a high-density, mixed-use urban waterfront that would include 10,000 housing units, 3 million square feet of commercial, retail, and educational space, and connectivity to downtown and other existing districts via fixed rail transit circulator.
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The Central
De La Vega Development has broken ground on the first phase of The Central, an urban mixed-use development on 27 acres along Central Expressway just east of Uptown. A 20-story, 351-unit residential high-rise by StreetLights Residential and a four-acre park are scheduled for delivery in December 2023. The centerpiece park will be integral to the nature-inspired architecture and design themes and will showcase several 1,500 to 2,500-squarefoot pavilions. The project plan features 2,000 multifamily residential units, 2.5 million square feet of office space, and 110,000 square feet of retail space.
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Hensley Field
A decommissioned naval air station on Mountain Creek Lake in southwest Dallas received Dallas City Council approval for a $390 million master plan for redevelopment Hensley Field has the potential to become a walkable, 738acre mixed-use community with 6,800 residential units, a 40-acre Innovation Village on a unique runway peninsula, waterfront trails, and a new marina. Other amenities include 185 acres of public open space connecting communities with parks, greenways, natural preserves, and 7.5 miles of trails.
Major League Cricket
Major League Cricket will kick off its inaugural season in July 2023 with Grand Prairie as the host location. Dallas-based HKS designed a premier facility that will be the leading venue for cricket in the U.S. The stadium boasts a permanent seating capacity of 7,000 with the ability to expand to 20,000, and includes luxury and premium hospitality space and a training facility. The site will serve as home to USA Cricket, the sport’s governing body in the U.S., as well as the men’s and women’s national teams. The stadium will also host international tournaments in anticipation of USA Cricket becoming a full member of the International Cricket Council.
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2020 JACK HILL COOKE CLAY MONTAGUE BOSQUE WISE ERATH PARKER DENTON TARRANT JOHNSON HOOD PALO PINTO SOMERVELL FORT WORTH Denton Arlington Mansfield Euless Reno Grand Prairie Cleburne Grapevine Keller Flower Mound Grapevine Lake Eagle Mountain Lake Burleson Southlake Azle Briar CDP Northlake Rendon CDP Hurst Argyle Mineral Wells Granbury Haslet Colleyville Bedford Benbrook Pecan Acres CDP Cresson Corinth Haltom City Sanger Joshua Stephenville Decatur New Fairview North Richland Hills Crowley Saginaw Westlake Bridgeport Alvarado Keene Kennedale Bartonville Roanoke Oak Point Aurora Boyd Dublin Willow Park Cross Runaway Bay Watauga Aledo Ponder Krum Forest Hill Eagle Mountain CDP Highland Village Copper Canyon Justin Cool Venus Trophy Club Annetta Hickory Pecan Plantation CDP White Settlemen t Glen Rose Springtown Godley Annetta North Rhome Tolar Richland Hills Paradise Alvord Lake Worth Chico DISH Millsap Double Oak Weatherford Everman Lipan River Oaks Lakeside Grandview Annetta South Pantego Gordon Oak Trail Shores CDP Rio Vista Briaroaks Cross Timber Graford Newark Sanctuary Dalworthington Gardens Edgecliff Village De Cordova Bend Pelican Bay Westover Hills Blue Mound Lake Bridgeport Gainesville DFW INTERNATIONAL AIRPORT DENTON MUNICIPAL AIRPORT FORT WORTH ALLIANCE AIRPORT FORT WORTH MEACHAM INTERNATIONAL AIRPORT NAS FORT WORTH JOINT RESERVE BASE FORT WORTH SPINKS AIRPORT ARLINGTON MUNICIPAL AIRPORT Hudson Oaks REGIONAL MAP 208
2020 FANNIN GRAYSON VAN ZANDT HENDERSON LAMAR HOPKINS RAINS DELTA FREESTONE ELLIS HUNT COLLIN DALLAS NAVARRO KAUFMAN ROCKWALL DALLAS Plano Irving Frisco Garland Wylie McKinney Allen Lewisville Carrollton Cedar Hill DeSoto Anna Grand Prairie Ennis Mesquite Midlothian Waxahachie Prosper Greenville Terrell Rockwall Lake Ray Hubbard Joe Pool Lake White Rock Lake Mountain Creek Lake Lewisville Lake Lancaster Celina Rowlett Richardson Corsicana Little Elm Forney Lucas Heath Coppell Sunnyvale Seagoville Red Oak Melissa The Colony Royse City Sachse Fate Parker Fairview Ovilla Hutchins Mildred Alma Duncanville Mabank Athens Weston Combine Kaufman Wilmer Ferris Eureka Princeton Commerce Murphy Farmers Branch Retreat Balch Springs Talty Point Rice McLendonChisholm Addison Glenn Heights Cross Roads Angus Italy Campbell Lavon Crandall Kemp Milford Palmer Pilot Point Caddo Mills Kerens Rosser Creek Farmersville Oak Ridge Scurry Aubrey Oak Leaf Powell University Park Frost Pecan Hill Shady Shores Nevada Oak Valley Oak Grove St. Paul West Tawakoni Josephine Lowry Crossing Cottonwood Quinlan Highland Park Wolfe City Celeste Union Valley New Hope Blue Ridge Goodlow Lone Oak Krugerville Hebron Grays Prairie Garrett Post Oak Bend City Maypearl Navarro Barry Blooming Grove Cockrell Hill Bardwell Emhouse Hawk Cove Neylandville Mustang Sherman Denison INTERNATIONAL AIRPORT DALLAS LOVE FIELD DALLAS EXECUTIVE AIRPORT LANCASTER REGIONAL AIRPORT MESQUITE METRO AIRPORT ROCKWALL MUNICIPAL AIRPORT McKINNEY NATIONAL AIRPORT 209
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LANCASTER is a vibrant and growing community where residents enjoy the comfort and safety of friendly neighborhoods only a few minutes from world-class entertainment and activities in Downtown Dallas. Sitting squarely within the boundaries of three major freeways I-35, I-45, and I-20, the city is in close proximity to DFW while maintaining a quaint community where you can still see the stars flickering at night.
Lancaster is recognized as an All-America City, Scenic City, Tree City USA, & Playful City USA, offering a variety of natural beauty and amenities that create a great place to live, learn, work, and play.
LANCASTER
The Shining Star of Texas
Regional Airport
Recreation Center
Country View Golf Course
Full-Service Senior Life Center
Municipal Parks and Hike & Bike Trails
15 Square Miles of Undeveloped Land
Visitor Center and State Auxiliary Museum
Near Cedar Valley College and UNT Dallas
2 Nature Preserves: Ten Mile Creek Preserve Bear Creek
Nature Park
Indoor Aquatics Facility with a 2 Story Water Slide & Lap Lanes
Hometown Feel & Authentic Food, Art, & Entertainment
Award-Winning Public School District 5th Consecutive School Year
w w w . L a n c a s t e r - T x . c o m communityrelations@lancaster-tx.com 9 7 2 - 2 1 8 - 1 3 0 0
24-hour U.S. Customs service through our new Customs and Border Protection Facility
easy access to all major North Texas business centers
an FAA control tower and three award-winning, national fixed base operators for convenience and support
over 200 restaurants, 22 hotels and luxury shopping within minutes
it all at Addison Airport
When you have a general aviation airport with international accessibility, 24-hour U.S. Customs services, without the congestion of commercial airport traffic, all close to your favorite destinations, the choice is easy. Learn more about Addison Airport (KADS) at AddisonAirport.net or call 972.392.4850.
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