REGIONAL ECONOMIC DEVELOPMENT GUIDE
2022 DALLASCHAMBER.ORG
BUILDING BUILDING THE ECONOMY BUILDING THE ECONOMY OF THE FUTURE THEOFECONOMY THE FUTURE INNOVATION FUND OF THE FUTURE
McKinney, Texas is full of innovators and creators whose ingenuity, skills, expertise and passion are helping innovate the world around us. These change-makers with a passion for innovation proudly call the City of McKinney home. The McKinney Economic Development Corporation shares this passion for innovative and NextGen thinking. The Innovation Fund is a first-of-a-kind platform that crosses over the boundaries of conventional incentive investing structures to fuel growth and help scale forward-thinking companies at various levels of revenue and fundraising phases in the startup life cycle.
Ready to join the economy of the future?
APPLY NOW! www.uniquemckinney.com
972-573-5169 972-547-7651
THE PRIME LOCATION FOR RELOCATION Austin 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
WHY CHOOSE DALLAS/FT WORTH? Low Cost of Living Business-Friendly Climate Diverse & Highly Skilled Employee Base
Keri Samford, Executive Director of Development 972.624.3127 • edc@thecolonytx.org • www.TheColonyEDC.org
Smallest County in Texas. BIGGEST BANG FOR YOUR BUCK.
#
4
bEST PLACES TO LIVE IN AMERICA Money Magazine 2020
A RATED
rockwall school district
Housing costs 15% lower
TEA Accountability Ratings
MetroTex MLS
2.6 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.
$1.9367 Consolidated Property tax rate
#
4
county in purchasing power in u.s.
New 215-acre business park expansion
SmartAsset.com
In 2020, Rockwall was 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.
FIND US ONLINE!
Rockwall Independent School District has some of the top schools in DFW. Also, the new Dr. Gene Burton College and Career Academy offers advanced courses for high school, Collin College, and Texas Tech University students. 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 40% lower than surrounding cities in DFW. 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.
972.772.0025 info@rockwalledc.com www.rockwalledc.com
The Urban core of one of the world’s most dynamic and diverse economies. Home to the 5th largest Tech Workforce in the U.S. & the largest in Texas! CONNECT WITH US!
Office (214) 670 -1685 EcoDevInfo@Dallascityhall.com www.DallasEcoDev.com
DALLAS ECONOMIC DEVELOPMENT
N 14
Where Artistry Comes Naturally Discover Harwood District’s Tallest Tower
Coming 2023 H A RWO O D 1 4 . C O M
Responsible energy for generations to come. Affordable, reliable, and environmentally responsible energy is a key driver of our economy and essential for thriving communities. Natural gas fuels economic growth and meets the growing demand for energy in the North Texas area. Atmos Energy is committed to safely delivering natural gas that helps lower carbon emissions while providing sustainable and affordable energy solutions for generations to come. LEARN MORE ABOUT OUR COMMITMENT TO THE ENVIRONMENT AT: ATMOSENERGY.COM/ENVIRONMENT
GRAND PRAIRIE, TEXAS.
FIRST RING SUBURB STRENGTH.
“Grand Prairie had everything we needed – a skilled workforce, a friendly business climate and proximity to many of our best customers.” - David Menaine, Chief Operating Officer
Companies continue coming to North Texas despite COVID-19. Grand Prairie offers several key reasons to consider locating here, including: > A location in the middle of almost 8 million people with minutes-away proximity to both DFW International Airport and Dallas Love Field > A grid of interstate and state highways > Texas’ “Prairie Coast” with development sites, amenities and activities available “Forkside” (along the West Fork of the Trinity River, including some within an Opportunity Zone), creekside, pondside or lakeside (at or near Joe Pool and Mountain Creek Lakes).
5TH MOST DYNAMIC CITY IN THE US (POINT2 HOMES) 4TH HARDEST WORKING CITY (POINT2 HOMES) (KEMPLER INDUSTRIES) 6TH BEST WORKPLACE DIVERSITY (KEMPLER INDUSTRIES) (WALLETHUB.COM)
(WALLETHUB.COM)
Deep in the Heart: Grand Prairie, Texas
972.237.8160 | GPTX.org/ED | #BoldestAndGRANDest
WHEN ARE YOU WAITING FOR? Life is what happens while we’re busy making plans. And nowhere is life happening faster than in Downtown Dallas. Now is the time to see why the heart of the third fastest growing region in America is the premier destination for business and residential relocation.
downtowndallasnow.com
Munck Wilson.
We are the difference | munckwilson.com Dallas | Austin | Houston | Los Angeles | Miami
Others.
A D A L L A S R E G I O N A L C H A M B E R P U B L I C AT I O N
REGIONAL ECONOMIC DEVELOPMENT GUIDE
Exclusively Published for the Dallas Regional Chamber by Dallas Next
REGIONAL ECONOMIC DEVELOPMENT GUIDE
Editor Quincy Preston quincy@dallasnext.com Editorial Director David Seeley Creative Director Michael Samples Project Editors Sandra Engelland Maddie Preston Senior Editor Kevin Cummings Copy Editor John Branch
DALLAS NEXT DALLAS® PUBLICATIONS + DALLAS INNOVATES
Group Publisher Kyle Moss kyle@dallasnext.com Business Development Steve Reeves steve@dallasnext.com Media Strategist Jon Perez jon@dallasnext.com
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Cover design/skyline photography: Michael Samples
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
The DALLAS® Regional Economic Development Guide is published for the Dallas Regional Chamber by Dallas Next LLC. Copyright ©2022 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.
2022
R U O N I E R I F A . E L V A A I H R T S WE U D N I R O F Y the s e t i n g i BELL e c r o wing workf t-gro s a f d n a , d i l Diverse, so industrial market. FW booming D
Lewisville Lewisville
Plano Plano
190 190
35E 35E 635 635
DFW DFW International International Airport Airport
Dallas Love Dallas Love Field Airport Field Airport
114 114
Garland Garland 75 75
635 635 30
30
Future Future SH190 SH190
183 183
Irving Irving 80 80
Dallas Dallas 30
Mesquite Mesquite Metro Metro Airport Airport LOOP
12 12
LOOP
20
Forney Forney
30
20
20
20
175 175
Miles 1010 Miles 45
67 67
45
35E 35E
Mansfield Mansfield
Miles 2020 Miles
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.
• Intersection of four major freeways: IH-635, IH-20, IH-30, and US Hwy. 80.
Fritz Industries
• Strategic locations at major freeway bridges opening up for development.
City of Mesquite Economic Development Department 972-216-6446 MesquiteEcoDev.com
Urban District 30
REGIONAL ECONOMIC DEVELOPMENT GUIDE
Contents 20 Dallas Regional Chamber
96 Industry
149 Costs & Incentives
Welcome . . . . . . . . . . . . . . . . . . . . . . . . 20
Industry Diversity. . . . . . . . . . . . . . . . . 96
Cost of Doing Business. . . . . . . . . . . 150
Accolades . . . . . . . . . . . . . . . . . . . . . . . 22
Advanced Services. . . . . . . . . . . . . . . .98
Wages and Salaries . . . . . . . . . . . . . . . 152
Strategic Priorities . . . . . . . . . . . . . . . . 24
Manufacturing. . . . . . . . . . . . . . . . . . . 100
Utilities - Electricity. . . . . . . . . . . . . . . . 154
Top Investors. . . . . . . . . . . . . . . . . . . . . 26
Financial Activities. . . . . . . . . . . . . . . 102
Economic Development Services . . . 28
High-Tech. . . . . . . . . . . . . . . . . . . . . . . 104
Utilities - Water, Sewer, Gas, and Telecommunications . . . . . . . . . . 156
DFW Marketing Team. . . . . . . . . . . . . . 30
Health Care. . . . . . . . . . . . . . . . . . . . . 106
Economic Development Allies . . . . . . 32
Life Sciences. . . . . . . . . . . . . . . . . . . . 108 Aviation and Aerospace. . . . . . . . . . . . 110
37 Connectivity
Hospitality. . . . . . . . . . . . . . . . . . . . . . . 112
Location. . . . . . . . . . . . . . . . . . . . . . . . . 38
Logistics. . . . . . . . . . . . . . . . . . . . . . . . . 114
Access. . . . . . . . . . . . . . . . . . . . . . . . . . 40
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
117 Business & Economy
Opportunity Zones. . . . . . . . . . . . . . . . 172
Nonstop Flight Times. . . . . . . . . . . . . . 44
Major Companies and Headquarters. . . . . . . . . . . . . . . . . 118
175 Living & Lifestyle
Transportation Infrastructure. . . . . . . 46
Top Employers. . . . . . . . . . . . . . . . . . . 120
Cost of Living . . . . . . . . . . . . . . . . . . . . 176
Public Transit. . . . . . . . . . . . . . . . . . . . . 48
Fortune 1000. . . . . . . . . . . . . . . . . . . . . 122
Market Tapestry . . . . . . . . . . . . . . . . . . 178
Regional Veloweb. . . . . . . . . . . . . . . . . 50
Major Headquarter Relocations. . . . . 124
Housing Costs and Choices. . . . . . . 180
Mobility 2045 . . . . . . . . . . . . . . . . . . . . 52
Recent Expansions and Relocations . . . . . . . . . . . . . . . . . . 126
Live-Work-Play. . . . . . . . . . . . . . . . . . . . 188
Dallas Fort Worth International Airport and Dallas Love Field . . . . . . . 42
High Tech Travel. . . . . . . . . . . . . . . . . . 54 Digital Infrastructure . . . . . . . . . . . . . . 56
59 Talent Regional Population. . . . . . . . . . . . . . . 60 Demographics. . . . . . . . . . . . . . . . . . . . 62 Migration Patterns . . . . . . . . . . . . . . . . 64 Labor Supply. . . . . . . . . . . . . . . . . . . . . 68 Commuting Patterns . . . . . . . . . . . . . . 70
Small Business . . . . . . . . . . . . . . . . . . 130 International Companies. . . . . . . . . . . 132 Global Trade . . . . . . . . . . . . . . . . . . . . 134
137 Innovation The Innovation Ecosystem. . . . . . . . . 138 Innovation Districts. . . . . . . . . . . . . . . 140 Centers of Excellence . . . . . . . . . . . . 144
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
Drive Times . . . . . . . . . . . . . . . . . . . . . . . 72 Worker Place of Residence. . . . . . . . . . 74 Skills Development. . . . . . . . . . . . . . . . 84 Higher Education Accolades . . . . . . . 86 Training, Colleges, and Universities. . 88
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
U
T I E S N I
G R O
W
O
R
T
P
N
E R E W H
1846 Coffee Downtown Cedar Hill
EST.
1994
R A L L Y T U
O P
A
Jake T. Shepherd
MADE IN CEDAR HILL
Ce da r Hil l , Te x as is
Where Opportunities Grow
Naturally
WHERE OPPORTUNITIES GROW NATURALLY Thriving as an economic hub in North Texas, Cedar Hill's location in Dallas and Ellis County makes it a cornerstone amongst Future Loop 9's Corridor and the greater Texaplex megaregion. Cedar Hill's proximity allows easy access onto several major highways to ensure goods and services are on the road and arriving to their destination safely and on time. Strong diverse group of businesses, workforce, and talent, paired with the rarest of natural ecological environments, make Cedar Hill the perfect destination for success. It's 'grow' time in Cedar Hill, Texas!
( 9 7 2 ) 2 9 1 - 5 13 2
c e da rh illedc.com
DALLAS REGIONAL CHAMBER | WELCOME
Welcome
A letter from the Dallas Regional Chamber
The Dallas Regional Chamber (DRC) is proud to serve as the voice of business and the champion for economic growth and development in this region. We are the central point of contact for companies, site-selection firms, and Dale Petroskey corporate real estate profesPresident and Chief Executive Officer sionals who are considering Dallas Regional Chamber moving here. This guide tells the story of the Dallas Region’s remarkable economic strength and resilience over the past 12 years, including during the pandemic, and why this is the best place in America for all people to live, work, and do business. Since 2010, 176 companies have moved their headquarters here, and one million new jobs have been created here. In the past six years alone, six Fortune 500 companies have moved their headquarters here— AECOM, CBRE, Charles Schwab, Core-Mark, Jacobs, and McKesson. Many markets don’t even have six Fortune 500 companies; Dallas-Fort Worth has 22. The Dallas Region is No. 1 in the nation in three-year job gains from 2019-2021—and our employment numbers have now exceeded prepandemic levels. Most people don’t realize the Dallas Region is one of the hottest tech markets in the U.S. In the past five years, we are No. 1 in Texas and No. 2 in the U.S. in the number of new tech jobs added, behind only Seattle—and ahead of San Francisco. The innovation economy is booming here, and with that growth comes the responsibility to make sure we have a workforce prepared for the jobs of tomorrow. We are able to attract the best and brightest workers from around the world, while retaining the talent already studying and working here. Over 340,000 students are enrolled in our colleges and universities with 54,000 graduating each year. Seventy-two percent also stay in market for jobs after they graduate, one of the highest rates in the nation. This creates a robust pipeline of workers for our companies. We focus like a laser on our pre-K-12 education system—where the talent pipeline starts. Research consistently shows that the earlier we start investing in our students with high-quality pre-K
20
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
2022 CHAIR OF THE BOARD
and child care programs, the better their academic outcomes will be, and the more working parents can participate in the workforce with the peace of mind that their child is well cared for and learning. One reason for our success is that we are literally in the middle of things—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. Our accessibility and businessfriendly climate also make us one of the most productive regions in the country. The DRC’s work in Southern Dallas County recognizes that our region’s greatest opportunity for long-term economic growth will come from prioritizing the creation of good jobs in that community. This means creating places 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 priorities of current and future residents. Our tireless work in public policy also impacts everything we do. We focus on ways to strategically manage our region’s growth by working to keep up with our need for more roads, renewable water sources, and more and better infrastructure, as well as investing in the education of our current and future workforce. As our region continues to prosper and expand, it is critical that we keep our pro-growth business climate healthy, strong, and welcoming to all. Meeting these goals is a never-ending pursuit, but our track record over the past 12 years shows that we are making strong and steady progress. The Dallas Region remains the best example to the rest of the nation on how to attract new business opportunities, corporate relocations, economic prosperity, and job growth.
Bob Pragada President and Chief Operating Officer Jacobs President & CEO Dale Petroskey Chief Operating Officer & Chief Financial Officer Angela Farley Economic Development, Senior Vice President Mike Rosa Research and Innovation, Senior Vice President Duane Dankesreiter Regional Marketing & Talent Attraction, Senior Vice President Jessica Heer Communications, Vice President Kelly Morris Education and Workforce, Senior Vice President Jarrad Toussant Public Policy & Advocacy, Senior Vice President Matt Garcia Diversity, Equity, & Inclusion, Senior Vice President Jared Fitzpatrick Community Engagement, Senior Vice President Latosha Herron Bruff Membership and Revenue Growth, Senior Vice President Meghan Kelley Wehner Member Services, Senior Vice President Sharon Carson
2022
Every day, companies are choosing Frisco for their headquarters and tech offices. Frisco is a leader in innovative, public-private partnerships, with a talent-rich population, strategic location, low tax rates, nationally recognized public school districts, and a worldwide reputation as Sports City USA. VISIT FRISCOEDC.COM TO DISCOVER WHY THE DALLAS COWBOYS, PGA OF AMERICA, DALLAS STARS, AND THOUSANDS OF BUSINESSES ARE BUILDING THEIR FUTURE IN FRISCO, TEXAS.
Frisco Economic Development Corporation 972.292.5150
FriscoEDC.com
DALLAS REGIONAL CHAMBER | ACCOLADES
1 # 1
Accolades Dallas–Fort Worth is one of the top regions in the nation for business thanks to low cost of living, a business-friendly environment, a strong base of well-educated and skilled employees, and robust access to both U.S. and 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. The communities of Dallas–Fort Worth are consistently ranked among the top places to work, the best places to live, and the best places for investment.
#
in the country for 3-year job growth (185,600 jobs) in the country for job recovery to prepandemic high (3,951,900 jobs) BLS, Dec. 2021
Dallas-Fort Worth is first among only three large metros to recover from pandemic-related job losses and to begin adding new jobs.
9 22
“Dallas is just such a great place for travel, for the resources in the community, the talent you can draw on...[prior to relocating we] offered every single person in our company a weekend trip, and we flew them [to Dallas] with their families…That was probably part of our success.”
Best State for Business Chief Executive Magazine
17 Consecutive Years
2 3 22
4
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Global 500 Companies Fortune, 2021 World’s Most Admired Companies Fortune, 2022 Fortune 500 Companies Fortune, 2021 (AECOM will join the list in 2022)
Brian S. Tyler Chief Executive Officer
“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, LA, and
Chicago host none.
GLOBAL 50 COMPANIES Tied with Seattle. Only Beijing
hosts more.
2022
#1
Quantity and Quality Entrepreneurship among U.S metros University of Indiana, 2021
3
Top Esports Organizations in the world are located in DFW
Complexity Gaming Envy Gaming OpTic Gaming
CEO, Core-Mark
Moody’s
Top 100 List of the largest green power users within EPA’s Green Power Partnership Participant Rank 1. Google 2. Microsoft 3. Intel 28. City of Dallas (#2 city) 36. DFW International Airport (#1 airport) Tarrant County College (#25 university)
Three Research 1 Universities
The Dallas Region adds
328 New Residents each day
38%
Natural Increase
62%
Net-migration
U.S. Census, 2019-2020
Carnegie Classification of Institutions of Higher Education R-1: Doctoral Universities
"With this transaction, we will capitalize on the unique opportunity to build a firm with the soul of a challenger and the resources of a large financial services institution that will be uniquely positioned to serve the investment, trading, and wealth management needs of investors across every phase of their financial journeys.”
2022
100.0
Scott McPherson
Dallas
Airports Council International
100.0
1
The cost of doing business in Dallas is equal to the national average.
U.S. Avg.
#
Best Airport, Size & Region, 2020
“Dallas offers a better operating cost, lower taxes, and is a central location for what is now a nationwide business...Being closer to our customers and more central to our divisions will create cost and logistical efficiency for us.”
2021 Milken Institute
153.4
Customer Satisfaction, 2020
2021 2thinknow
188.1
1
#14
Most Innovative Cities in the World
San Francisco
#
#6 of 500
New York
Company statement on relocation to Dallas
Best Performing Cities - Dallas
DALLAS REGIONAL CHAMBER | ACCOLADES
"...the North Texas region today provides AECOM additional benefits as a corporate hub and talent magnet for the engineering and consulting industry...”
Walt Bettinger President and CEO Charles Schwab
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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DALLAS REGIONAL CHAMBER | STRATEGIC PRIORITIES
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 PRIORIT 2021-2023
C IC C IC C IC ENT ENT ENT ENT ENT ENT
Economic Development
Education & Workforce
Public Policy
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.
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.
2021-2023
EDUCATION EDUCATION EDUCATION & WORKFORCE & & WORKFORCE WORKFORCE
QUALITY OF LIFE QUALITY QUALITY OF OF LIFE LIFE 24
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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. We are committed to work every day in every way to build a more inclusive community.
PUBLIC PUBLIC PUBLIC POLICY POLICY POLICY
DIVER DIVER DIVER & IN & & IN IN
FOR ALL PEOPLE FOR FOR ALL ALL PEOPLE PEOPLE 2022
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.
2022
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 DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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DALLAS REGIONAL CHAMBER | TOP INVESTORS
Top Investors The Dallas Regional Chamber (DRC) recognizes the following companies and organizations for their membership investment at one of our top levels. Companies in bold print are represented on the DRC Board of Directors. For more information about the benefits of membership, call (214) 746-6600.
1820 Productions
Blue Cross and Blue Shield of Texas
Crow Holdings
Frito-Lay North America Frost Bank
ABC Home & Commercial Services
Boeing Global Service
Crowe LLP CSRS
Frost Brown Todd LLC
Accenture LLP
Bombardier Aviation
CyrusOne
Funneled Through
Acme Brick Company
Bottle Rocket
Dallas Baptist University
Furniture Marketing Group
Active Network
Brasfield & Gorrie
Dallas College
Gaedeke Group
AECOM
Brinker International, Inc.
Dallas Mavericks
George W Bush Foundation
AJC – American Jewish Committee
Buckner International
Dallas Stars Hockey Club
Gibson Dunn & Crutcher LLP
Dallas Summer Musicals
Globe Life
Akin, Gump, Strauss, Hauer & Feld LLP
BuzzBallz/Southern Champion
Dal-Tile Corporation
Goldman Sachs & Co, LLC
De La Vega Development
DECA Dental Group
Granite Properties
Decima International
Grant Thornton LLP
DeGolyer and MacNaughton
Green Brick Partners
Deloitte LLP
Greenberg Traurig
DENSO Products and Services Americas, Inc.
Gulfstream Aerospace Corporation
DeVry University
Gupta & Associates Inc.
7-Eleven, Inc.
AlixPartners LLP Alkami Technology Allan Bailey Johnson Group, LLC Allegiance Title Company Alston & Bird LLP Altair Global Amazon
Business Jet Center Capital One Bank Carrington, Coleman, Sloman & Blumenthal, L.L.P. Cawley Partners CBRE Group, Inc. Cenero Centurion American Development Group CENTURY 21 Judge Fite Company
DFW International Airport
Champion Partners
Diodes Inc.
Harmony Public Schools - DFW District
Charles Schwab
DLR Group | Staffelbach
Harness Dickey
American National Bank of Texas
Chickasaw Nation
Dominus Commercial Inc.
Hawthorne Family Fund
AMN Healthcare
Children’s Health
Dreien Opportunity Partners LLC
Haynes and Boone, LLP
Andrews Distributing Company of North Texas
Chime Solutions
E Smith Advisors
Heady Investments, Inc.
Ebby Halliday Companies
H-E-B/Central Market
Aon
Cicero Group Citi
Edelman
City Electric Supply
EisnerAmper
Hill & Wilkinson General Contractors
City Hospital at White Rock
Encore Bank
City of Lancaster
ENO8
CitySquare
Ernst & Young LLP
CKP Group
ESRP Advisory Dallas, LLC
Clark Hill PLC
Estrada Hinojosa & Company, Inc.
Amegy Bank of Texas American Airlines, Inc. American Heart Association, Dallas Division
Arcosa Armstrong Relocation At Home AT&T Atmos Energy Corporation Austin Industries AustinCSI AvreaFoster Axxess Baker & McKenzie, LLP Baker Botts L.L.P. Balfour Beatty Bank of America Bank of Texas Baylor Scott & White Health BBVA Bell Bell Nunnally
Cleaver-Brooks Sales and Service Coca-Cola Southwest Beverages Colliers Comerica Bank Commemorative Air Force Cook Children’s Health Care System Copart Corgan Corrigan Investments, Inc.
DHD Films
European Wax Center Exeter Finance Exxon Mobil Corporation Faegre Drinker FedEx Office Fidelity Investments Fifth Third Bank Financial Additions Flowserve Corporation Fluor Corporation Headquarters Foley & Lardner LLP
Hall Group
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 HSBC Bank USA HUB International Insurance Services
CP&Y, Inc.
Forest City Texas Inc
Hunt Consolidated, Inc./ Hunt Oil Company
Crescent Real Estate Equities, LTD.
Fossil Group, Inc.
Iconic IT
BKD LLP
Fox Sports Southwest
Independent Financial
BlackRock Asset Management
Cristo Rey Fort Worth
Freese and Nichols, Inc.
InfoVision Inc.
BGSF Billingsley Company
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BOKA Powell
Cousins Properties
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
2022
Metrocare Services
Sendero
The Fairmont Hotel
International Leadership of Texas
MHBT, a Marsh & McLennan Agency LLC company
Sewell Automotive Companies
The Kroger Co.
Intuit, Inc.
Microsoft Corporation
Shackelford, Bowen, McKinley & Norton LLP
The Salvation Army
Invesco Real Estate
Mr. Cooper Group
Shearman & Sterling
The University of Texas at Arlington
Invitation Homes
Munck Wilson Mandala LLP
Sidley Austin LLP
Thompson & Knight LLP
Jackson Spalding
Munsch Hardt Kopf & Harr, P.C.
Simmons Bank
Thomson Reuters
Jackson Walker LLP
MV Transportation, Inc.
Slalom
TIAA
MW Logistics, LLC
Smoothie King
Tom Thumb - Albertsons
NDBT
SMU - Southern Methodist University
Tourmaline Capital Partners
Southern Glazer’s Wine and Spirits
Toyota Motor North America
Jacobs Engineering Group Inc. JBJ Management JE Dunn Construction JLL Jones Day JPMorgan Chase & Co. JSX Kanarys, Inc. KDC Real Estate Development & Investments Ketchum Public Relations Kimberly-Clark Corporation Kimley-Horn and Associates KIPP Texas Public Schools Kirkland & Ellis KPMG LLP L.A. Fuess Partners Structural Engineers
NEC Corporation of America NGV Global Group Inc. Northern Trust Norton Rose Fulbright NTT DATA Inc. Omni Dallas Hotel Omnitracs, LLC Oncor On-Target Supplies & Logistics Ltd Optimal Partners Inc Options Clearing Corporation Origin Bank Pacific Builders Pape-Dawson Paycom
Latino Center for Leadership Development
Penske Motor Group
LaunchBio Inc. and BioLabs LLC
Perkins Coie LLP
Law Offices of Erika N Salter, P.C.
Perkins and Will PlainsCapital Bank PMG
LH Capital
PNC
Linebarger Goggan Blair & Sampson, LLP
Premier Truck Group Prime 45 Development LLC
Link America LLC
Prosperity Bancshares, Inc.
Littler Mendelson, P.C. Locke Lord LLP Lockheed Martin Lockton Dunning Benefits Lyco Holdings Lynn Pinker Hurst & Schwegmann, LLP MAPP, LLC Mary Kay Inc. Match Group Matthews Southwest
PSA Management, Inc. PwC Qatar Airways Raising Cane’s Raytheon Company RealCom Solutions RECARO Aircraft Seating Americas, LLC Reef Technology Regions Bank Reimagine RedBird
Southwest Airlines Southwest Office Systems, Inc. Spacee Inc.
Stanley Black & Decker Starbucks Coffee Company State Farm Insurance Companies Steinhart Family Advised Fund Steptoe & Johnson PLLC Stinson Leonard Street Suffolk Construction
TXU Energy U.S. Bank Uber Technologies, Inc. UMB Bank N. A. UnitedHealthcare University of Dallas University of North Texas at Dallas University of North Texas System
T.D. Jakes Foundation
University of Texas at Dallas
Talent Suite
UPS USAA
Tangram Interiors Target Tavistock Investment Group TDIndustries
UT Southwestern Medical Center Vanguard Veritex Holdings
Team One
Verizon Wireless South Central HQ
Teladoc Tenet Healthcare Texas A&M University Texas A&M University Commerce Texas Capital Bank
VIP Waymo Weaver Weil, Gotshal & Manges LLP Wells Fargo
Texas Central Texas Christian University Texas Health Resources Texas Instruments, Inc. Texas Mutual Insurance Company
Texas Woman’s University
Romark Logistics
Texas Women’s Foundation
RSM US LLP
The Beck Group
McGuireWoods LLP
Ryan LLC
The Boston Consulting Group
McKesson
Salesforce
The Brierley Group LLC
McKinsey & Company, Inc.
Santander Consumer USA
The Commit Partnership
McLarty Diversified Holdings
Scheef & Stone, LLP
Medical City Healthcare - HCA North Texas
SCHMIDT & STACY Consulting Engineers, Inc.
The Craig + Kathryn Hall Foundation
Methodist Health System
Scovell Family Foundation
2022
TruePoint Communications
Swinerton Builders
Risch Results
McGuire, Craddock & Strother, PC
Trinity Park Conservancy
Turner Construction Company
Spencer Fane LLP
Texas Scottish Rite Hospital for Children
McGlinchey Stafford
Trinity Groves, LLC
Truist Bank
Spectra
Reliant, an NRG company
McCarthy Building Companies, Inc.
Town of Addison
DALLAS REGIONAL CHAMBER | TOP INVESTORS
Interceramic
West Coast University Texas West Monroe WFAA-TV Whitley Penn Willis Towers Watson Winstead PC Woods Capital work/REFINED, LLC Zillow Zirtue
The Crowther Group The Dallas Morning News DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT SERVICES
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.
Mike Rosa
Senior Vice President 214-746-6735 mrosa@dallaschamber.org
Kevin Shatley
Elizabeth Koestler
Vice President 214-746-6641 kshatley@dallaschamber.org
Director 214-746-6730 ekoestler@dallaschamber.org COOKE
INFORMATION
COORDINATION
HOSTING
n Detailed data, maps, information, and publications n Estimates of state and local incentives n Consultations and research support from our experienced team
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
n Itinerary, travel, and hospitality arrangements n Regional, city, state, service provider, and expert presentations n Meetings with peer executives from local companies
WELCOMING
PA L O P I N T O
E R AT H
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.
28
COOKE
DENTON
WISE
G R AY S O N
WISE
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 DENTON
COLLIN
HUNT
HOPKINS
R O C K WA L L
PA R K E R
TA R R A N T
DALLAS
KAUFMAN
HOOD
JOHNSON
ELLIS
HENDERSON
SOMERVELL
N AVA R R O
Dallas-Fort Worth Combined Statistical Area
Region Location
G R AY S O N
COLLIN
HUNT
HOPKINS
R O C K WA L L PA L O P I N T O
PA R K E R
TA R R A N T
DALLAS KAUFMAN
HOOD
JOHNSON
ELLIS
E R AT H
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
HENDERSON
SOMERVELL
N AVA R R O Dallas-Fort Worth Combined Statistical Area
2022
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.
GREENVILLE, TEXAS WANTS TO
LAND YOUR BUSINESS. GREENVILLE’S MAJORS FIELD AIRPORT
Greenville, Texas offers remarkable nationwide access via air, rail and truck — PLUS 1.3 million workers within 40 miles AND abundant low-cost land for development.
Economic Development
GreenvilleTXedc.com
WE GET IT. GreenvilleTXedc.com
7x6.625 land your business.indd 1
4/29/19 4:06 PM
Duane Dankesreiter
Senior Vice President 214-746-6772 ddankesreiter@dallaschamber.org
Eric Griffin
Vice President 214-746-6688 egriffin@dallaschamber.org
Jorge Varela
Vice President 214-746-6616 jvarela@dallaschamber.org
Dave Moore
Staff Writer 214-746-6689 dmoore@dallaschamber.org
2022
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
2 92 9
DALLAS REGIONAL CHAMBER | DFW MARKETING TEAM
DFW Marketing Team The DFW Marketing Team is an alliance of economic development organizations in the Dallas–Fort Worth area. Our team works with location consultants and corporate real estate executives who are examining the Dallas–Fort Worth region for business locations and expansion opportunities.
The DFW Marketing Team is committed to: 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 Mixed-use developments
n Distribution facilities
n Residential land
n Corporate headquarters
n Transit-oriented developments
n Retail
n Tourism sites
n Call centers
n Airport properties
For more information about the DFW Marketing Team, please call Kevin Shatley at 214-746-6641 or visit www.DFWmarketingteam.com.
30
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
2022
Loews Arlington Hotel & Convention Center
$550 Million Joint Venture - 1,000+ jobs Luxury resort hotel and meeting space with beach club, oversized event lawn & more. Scheduled to open in early 2024.
Arlington. Strong workforce, vibrant community. | arlingtontx.gov/business | We can. We do.
DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES
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
AZLE, CITY OF
Orlando Campos Director of Economic Development & Tourism (972) 450-7034
Susie Hiles Assistant to the City Manager (817) 444-2541
Wilson Kerr Economic Development Manager (972) 450-7080
David Hawkins Director of Planning & Development (817) 444-7084
ALEDO EDC
BALCH SPRINGS, CITY OF
Bill Funderburk City Administrator (817) 441-7016
Chris Dyser Community Development Director (972) 286-4477
ALLEN EDC Dan Bowman Executive Director & CEO (972) 727-0252 David Ellis Assistant Director (972) 727-0212 Eileen Gonzales Marketing Director (972) 727-0228 ALVARADO, CITY OF Emile Moline Economic Development Director (817) 790-3351 ANNA, CITY OF Joey Grisham EDC Director (214) 831-5394 Taylor Lough Economic Development Manager (214) 831-5321 ARLINGTON, CITY OF Bruce Payne Economic Development Manager (817) 459-6114 Marcus Young Economic Development Specialist (817) 459-6117 Brittany Sotelo Economic Development Coordinator (817) 459-6155 ATHENS EDC Joan Ahlers EDC Director (903) 675-5131
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Louis Castillo Economic Development Specialist (972) 291-5132 CELINA EDC Alexis Jackson Executive Director (972) 382-3455 CLEBURNE EDF, INC. Jerry Cash Executive Vice President (817) 645-8644 COLLEYVILLE, CITY OF
Effie Donaldson ED Admin. Services Manager (972) 286-4477
Mark Wood Assistant City Manager (817) 503-1117
BEDFORD, CITY OF
COPPELL, CITY OF
Audrey Thorne Economic Development Analyst (817) 952-2129
Mindi Hurley Director of Community Development (972) 304-3677
BENBROOK, CITY OF
CORINTH EDC
Jessica James Director of Economic Development and Marketing (817) 249-6092
Elise Back Director of Economic Development (940) 498-3295
Cynthia Williams Assistant Director of Economic Development and Marketing (817) 249-6090 BRIDGEPORT, CITY OF Leah Clark Executive Assistant (940) 683-3490 BURLESON, CITY OF Alex Philips Economic Development Manager (817) 426-9613 CARROLLTON, CITY OF Robert Winningham Economic Development Director (972) 466-5741 Chris Szymczyk Economic Development Specialist (972) 466-5741 CEDAR HILL EDC Andy Buffington Interim Director (972) 291-5132
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
CORSICANA, CITY OF Connie Standridge City Manager (903) 654-4803 John Boswell Economic Development Director (903) 654-4806 CRANDALL EDC Casey Bingham Economic Development Director (972) 427-3771 DALLAS, CITY OF Robin Bentley Interim Director (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 of Commercial Development (972) 973-4660 DALLAS COUNTY Louis Tamayo Director of Planning & Development (214) 653-7601 DALLAS REGIONAL CHAMBER Mike Rosa Senior Vice President of Economic Development (214) 746-6735 Kevin Shatley Vice President of Economic Development (214) 746-6641 Elizabeth Koestler Director of Economic Development (214) 746-6730 Duane Dankesreiter Senior Vice President of Research & Innovation (214) 746-6772 Eric Griffin Vice President of Research & Innovation (214) 746-6688 Jorge Varela Vice President of Innovation (214) 746-6773 DECATUR EDC Kevin Holzbog Executive Director (940) 393-0350 DENISON DEVELOPMENT ALLIANCE Tony Kaai President (903) 464-0883 William Myers Vice President (903) 464-0883 Loretta Rhoden Vice President of Operations (903) 464-0883 DENTON, CITY OF Jessica Rogers Director of Economic Development (940) 349-7531
Christina Davis Economic Development Specialist (940) 349-7730 DENTON COUNTY Jody Gonzalez County Administrator (940) 349-4680 DENTON ECONOMIC DEVELOPMENT PARTNERSHIP Erin Carter President (940) 382-7151 Dan Rosenfield Director of Strategic Partnerships (940) 382-7151 Kendall Carlson Economic Development Coordinator (940) 382-7151 DESOTO EDC Matt Carlson Executive Director (972) 230-9605 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 Mike Collins Director of Planning & Economic Development (817) 685-1684 EVERMAN, CITY OF Michael Nicoletti Director of Economic Development (817) 293-0525 FAIRVIEW EDC Dave Quinn Interim Director (214) 775-0617 Shannon Craft Event & Marketing Specialist (972) 886-4227
2022
John Land Deputy City Manager (972) 919-2512 Allison Cook Economic Development Manager (972) 919-2507 Stephanie Hall Economic Development Assistant (972) 919-2509 FARMERSVILLE, CITY OF Ben White City Manager & Public Works Director (972) 782-6151 Matthew Crowder FEDC Administrator (972) 782-6151 FATE, CITY OF Justin Weiss Assistant City Manager (972) 771-4601 Suzy Lawrence Economic & Community Development Specialist (972) 771-4601 FERRIS, CITY OF Mike Grace Assistant City Manager and Chief Economic Development Officer (972) 837-0028 FLOWER MOUND, TOWN OF Roy Watson Director of Economic Development (972) 874-6045 FORNEY EDC Lynn Spencer Director (972) 564-7317 Mary Wilson Administrative Assistant (972) 564-5808 FORT WORTH, CITY OF Robert Sturns Director of Economic Development (817) 392-2663 FORT WORTH CHAMBER OF COMMERCE Brandom Gengelbach President & CEO (817) 336-2491 Chris Strayer Senior Vice President of Business Attraction, Retention & Expansion (817) 338-3305 Sara Thurber Vice President of Economic Development (817) 338-3392
2022
Caroline Causey Economic Development Specialist (817) 336-2491
GRAPEVINE, CITY OF
HUTCHINS EDC
LITTLE ELM EDC
Larry Holt Director of Economic Development
Guy Brown Executive Director (972) 225-4449
Jennette Espinosa Executive Director (903) 217-2740
FRISCO EDC
(817) 410-3105
Jason Ford President
Garin Giacomarro Business Retention Manager (817) 410-3382
JOHNSON COUNTY ECONOMIC DEVELOPMENT COMMISSION
MANSFIELD EDC Jason Moore Executive Director, Economic Development (817) 728-3651
(972) 292-5158 Harry Whalen Director of Business Development (972) 292-5156 Gloria Salinas Vice President of Economic Development (972) 292-5160 Stefanie Wagoner Director of Business Retention & Expansion (972) 292-5157 Leigh Lyons Director of Marketing & Communications (972) 292-5155 Erica Flores Manager of Business Attraction (972) 292-5143 GAINESVILLE EDC Audrey Schroyer Executive Director (940) 665-5241 Kacey Kerr Communication Specialist (940) 665-5241 GARLAND, CITY OF Ayako Schuster Director of Economic Development (972) 205-3818 GARLAND CHAMBER OF COMMERCE Diane Whitlock Economic Development Assistant (469) 326-7447 GRANBURY, CITY OF Chris Coffman City Manager (817) 573-1114 Sarah Tucker-Osborn Executive Assistant to the City Manager (817) 573-1114
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 GREENVILLE BOARD OF DEVELOPMENT Greg Sims President & CEO (903) 455-1197 John Dickson Director of Business Development & Retention (903) 455-1197 Barbara Carter Executive Assistant (903) 455-1197 GUNTER, CITY OF Ben Rodriguez Director of Community and Economic Development (903)-433-5185 HALTOM CITY, CITY OF Rex Phelps Assistant City Manager (817) 222-7733 HASLET COMMUNITY AND EDC Thad Chambers Economic Development Director (817) 439-5931 HEB ECONOMIC DEVELOPMENT FOUNDATION Mary Frazior Director (817) 540-1053
GRAND PRAIRIE, CITY OF
HIGHLAND VILLAGE, CITY OF
Marty Wieder Director of Economic Development (972) 237-8081
Autumn Aman Community Development Coordinator (972) 899-5093
Terry Jones Business Manager of Industrial Recruitment, Retention & Expansion (972) 237-8020 Rita Heep Business Manager of Redevelopment & Main St. (972) 237-8000
HURST, CITY OF Steve Bowden Executive Director of Economic Development (817) 788-7025
Diana Miller Executive Director (817) 556-6985 JUSTIN EDC Cori Reaume City Manager (940) 648-2541 KAUFMAN EDC Stewart McGregor Executive Director (972) 932-5332
Richard Nevins Director, Economic Development (817) 728-3652 Laurie Fleiner Economic Development Manager (817) 728-3654 MCKINNEY EDC
KEENE, CITY OF
Peter Tokar President & CEO (972) 562-5430
William Guinn City Administrator (817) 641-3336
Abby Liu Executive Vice President (972) 547-7688
Landis Adams Director of Economic Development (817) 641-3336
Michael Talley Senior Vice President (972) 547-7659
KELLER, CITY OF Mark Hafner City Manager (817) 743-4020 Mary Meier Economic Development Coordinator (817) 743-4021 KENNEDALE EDC Leslie Galloway Interim City Manager (817) 985-2104 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 Micki Hollien Administrative Assistant (818) 640-4602 LEWISVILLE, CITY OF Jason Moore Economic Development Manager (972) 219-3482 Christina Williams Economic Development Coordinator (972) 219-3772
DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES
FARMERS BRANCH, CITY OF
John Valencia Director of Business Retention, Expansion & Emerging Tech (972) 562-5430 Geneva Aragon Director of Marketing & Research (972) 547-1082 Miguel Esparza Project Manager (972) 562-5430 Madison Clark Business Development Specialist (972) 547-1083 Michael DePaola Technology & Infrastructure Specialist (972) 547-1084 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
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
33
DALLAS REGIONAL CHAMBER | ECONOMIC DEVELOPMENT ALLIES
MIDLOTHIAN ECONOMIC DEVELOPMENT Kyle Kinateder President & CEO (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 Lucille Johnson Assistant to the Executive Director (817) 695-9103 NORTHEAST TARRANT CHAMBER OF COMMERCE Jack Bradshaw President & CEO (817) 281-9376 NORTHLAKE, TOWN OF Drew Corn Town Administrator (940) 242-5701 Nathan Reddin Development Director (940) 242-5703 NORTH RICHLAND HILLS, CITY OF Craig Hulse Director of Economic Development (817) 427-6091 Elizabeth Copeland Economic Development Assistant (817) 427-6093 Jennifer Stephens Economic Development Specialist (817) 427-6092 OAK POINT EDC Steven Ashley City Manager (972) 294-2312 ONCOR ELECTRIC DELIVERY COMPANY LLC
OVILLA, CITY OF Brad Piland Director of Public Works (972) 617-7262 PANTEGO EDC Daniel Lakey President (817) 559-0985 Pamela Mundo Economic Development Coordinator (214) 773-0966 PARKER COUNTY EDC Patrick Lawler Executive Director (817) 694-5140 Heylee Sears Office Administrator (817) 609-4131 PILOT POINT EDC Amanda Davenport Director of Economic Development (940) 218-3411 PLANO, CITY OF Sally Bane Executive Director (972) 208-8300 Jenny Zeilfelder Economic Development Manager (972) 208-8300 PRINCETON, CITY OF Derek Borg City Manager (972) 736-2416 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
Sharon Cook Economic Development Consultant (214) 486-7030 Heather Ledbetter Economic Development Manager (214) 486-3919
34
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
RICHARDSON CHAMBER OF COMMERCE Kim Quirk Interim President (972) 792-2802 RIVER OAKS EDC Marvin Gregory City Administrator (817) 626-3791 ROANOKE, CITY OF Scott Campbell City Manager (817) 491-2411 ROCKWALL EDC Phil Wagner President (972) 772-0025 Matt Wavering Director of Project Development (972) 772-0025 ROWLETT, CITY OF Jim Grabenhorst Director of Economic Development (972) 463-3953 Libbey Tucker Assistant Director of Economic Development (972) 412-6193 ROYSE CITY, CITY OF Larry Lott Executive Director (972) 636-2183 SACHSE EDC Gena Nash City Manager, Economic Development Director (469) 429-4764 Jerod Potts Assistant to the City Manager - Economic Development (469) 429-4764 SAGINAW, CITY OF Keith Rinehart Director of Community Services (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
TROPHY CLUB, TOWN OF
Kent Sharp President (903) 868-2566
Patrick Arata Acting Town Manager (682) 831-4655
Ashton Bellows Chief Administrative Officer (903) 868-2566
VAN ALSTYNE EDC Rodney Williams Executive Director (903) 712-2002
SOUTHLAKE, CITY OF
Tiffany Chartier Executive Administrator (903) 712-2002
Daniel Cortez Deputy Director (817) 748-8039 Alison Ortowski Assistant City Manager (817) 748-8001 STATE OF TEXAS ECONOMIC DEVELOPMENT & TOURISM Janie Havel North Texas Region Representative (214) 733-4274 STEPHENVILLE ECONOMIC DEVELOPMENT AUTHORITY Jeff Sandford Executive Director (254) 459-4921
WATAUGA, CITY OF Jackie Reyff Director of Planning & Economic Development (817) 514-5818 Victoria Vaughan Economic Development Coordinator (817) 514-5813 Denise Wilkinson Economic Development Specialist (817) 514-5813 WAXAHACHIE, CITY OF Warren Ketteman Senior Director of Economic Development (469) 309-4121
Ashleigh Feuerbacher Assistant Director & Senior Project Manager (254) 459-4921
Kassandra Carroll RETAIL Economic Development Coordinator (469) 309-4122
SUNNYVALE, TOWN OF Burton K. Barr Economic Development Director (972) 203-4154
Kristen Pegues Economic Development Planning Coordinator (817) 598-4279
WEATHERFORD, CITY OF
TERRELL EDC
WESTLAKE, TOWN OF
Carlton Tidwell Chamber & EDC President (972) 524-5704
Amanda DeGan Town Manager (817) 490-5717
Ray Dunlap President (469) 294-5553
Jarrod Greenwood Assistant Town Manager (817) 490-5717
THE COLONY EDC
WHITESBORO EDC
Keri Samford Executive Director of Development (972) 624-3126
Lynda Anderson Economic Development Director (903) 564-4000
Cindi Lane Economic Development Specialist (972) 624-3127 Diane Lemmons Business Retention & Expansion Manager (972) 624-3111
WILMER, CITY OF Rona Stringfellow City Administrator (972) 441-6373 WYLIE EDC Jason Greiner Executive Director (972) 442-7901
2022
OPP
Kohler Co.
Glo Best Western
$80M CAPITAL INVESTMENT
Grow DeSoto Market Plac
$3.6M CAPITAL INVESTMENT
Kohler Co.
This location is the largest distribution facility (1.3M SF) in the company’s portfolio and wasGlo the $80M CAPITAL INVESTMENT Co. largest industrial project in Dallas/Fort Worth This location is the largest distribution facility in 2017. (1.3M SF) in the company’s portfolio and was the
Glo Best Western
$750K CAPITAL INVESTMEN
Grow DeSoto Market Place
This property is the first in the U.S. to feature This unique public-private partnership the new, energetic boutique brand – Glo – that business mixed use Place incubator in t $3.6M CAPITAL INVESTMENT $750K CAPITAL INVESTMENT Best Western Growsmall DeSoto Market offers guests an iconic experience with state-ofSouthwest Region of Dallas/Fort Wort This property is the first in the U.S. to feature This unique public-private partnership is the first the-art technology and modern design. the new, energetic boutique brand – Glo – that small business mixed use incubator in the Best
APITAL INVESTMENT
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60,955
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MEDIAN MEDIAN AGE AGE
37 37
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4% 31
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THE DFW INTERNATIO INTERNATIONAL MEDIAN AIRP HOUSE VALUE AIRPORT HOUSE VALUE
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$85,916 $85,916 AVERAGE HOUSEHOLD INCO
MEDIAN HOUSE VALUE DOWNTOWN DALLAS
31
AVERAGE HOUSEHOLD INCOME
RETAIL OPPORTUNITY IN DESOTO: RETAIL OPPORTUNITY IN DESOTO: POTENTIAL RETAIL SALES: $3,461,166,294 ACTUAL $622,203,720 SALES LEAKAGE: $2,838,812,574 POTENTIAL RETAIL SALES: $3,461,166,294 ACTUAL SALESSALES $622,203,720 SALES LEAKAGE: $2,838,812,574
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$85,916
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RETAIL OPPORTUNITY IN DESOTO: POTENTIAL RETAIL SALES: $3,461,166,294 ACTUAL SALES $622,203,720 SALES LEAKAGE: $2,838,812,574
dedc.org | 972.230.9611 | MCARLSON@dedc.org dedc.org | 972.230.9611 | MCARLSON@dedc.org 211 E. Pleasant Run Road, DeSoto, TX 75115
211 E. Pleasant Run Road, DeSoto, TX 75115
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SAVES MONEY
Work is hard enough without the added stress of a brutal commute. Riding DART is a much-needed calm before the storm where you can relax and recharge.
Taking DART instead of driving can save you up to $8,500* a year on things like gas, tolls, parking and vehicle maintenance and repairs.
GET TIME BACK
DEPENDABLE SCHEDULE
Instead of wasting time fighting traffic, riding DART gives you time to listen to your favorite podcast or read a best-selling book.
Thanks to DART’s consistent schedule you don’t have to worry about an accident or bad weather making you late for work.
*Source: Spike in Finance Costs Drives Increase newsroom.aaa.com/auto/your-driving-costs
Put more paycheck in your pocket! Ask your employer about DART’s Corporate Pass Program
Visit DART.org/Corp
Connectivity
Photo: Michael Samples
Location Access Dallas Fort Worth International Airport and Dallas Love Field Nonstop Flight Times Transportation Infrastructure Public Transit Regional Veloweb Mobility 2045 High Tech Travel Digital Infrastructure
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
37
CONNECTIVITY | LOCATION
Location 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 in the region. Due to its central location and worldclass transportation infrastructure, DallasFort Worth is a major international gateway. DFW excels in passenger air travel and air cargo operations. The region is home to: n Dallas Fort Worth International Airport, the nation’s fourth-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 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-million-person workforce is bolstered by an influx of young, credentialed, and talented professionals, providing companies with an abundance of skills they need to make their businesses successful. Texas’ business climate, combined with the attributes and functionality that DallasFort Worth currently holds as a major corporate headquarters destination, sends a simple, yet compelling message: There is no better region from which to operate a national or global firm today, next year, or even decades into the future.
38
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Central location, leveraged by transportation assets and favorable business climate Amarillo
40
Lubbock Abilene
Fort Worth Dallas
20
20
El Paso
Odessa
35 10
30
45
Austin Houston
San Antonio
10
37
Galveston
Corpus Christi
Laredo
2022
Portland
Boston Detroit
New York Philadelphia
Chicago San Francisco
CONNECTIVITY | LOCATION
Seattle
Washington
Denver
Charlotte Los Angeles
Atlanta
DallasFort Worth
Phoenix
Austin
Houston
San Antonio
Seattle
Miami
London Toronto
DallasFort Worth Los Angeles
New York
Paris
Moscow Frankfurt
Cairo
Beijing Tokyo
Dubai
Mexico City
Shanghai Mumbai Singapore
Rio de Janeiro Buenos Aires
2022
Cape Town
Sydney
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
39
CONNECTIVITY | ACCESS
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 mid-continent situation means time savings when it comes to travel. All major U.S. cities are less than four hours away.
Truck Transit Times and Population Served
3
Seattle
2 New York City Chicago
1 Los Angeles
DFW
Ring Hours Miles Kilometers
% of US Pop. Served
1
10
600
966
17%
2
24
960
1,545
47%
3
48
1,800
2,887
87% Source: Missouri Census Data Center; XPO Logistics
Flight Time From DFW New York, NY (NYC) Los Angeles, CA (LAX) Toronto, On, Canada (YTO) Mexico City, Mexico (MEX) Paris, France (PAR) Tokyo, Japan (TYO)
Rail Transit Time 2 hrs. 52 min. 2 hrs. 15 min. 2 hrs. 31 min. 2 hrs. 01 min. 9 hrs. 36 min. 12 hrs. 23 min.
Los Angeles
Chicago
Atlanta
Houston
4+ days 3 days
3+ days 1 day
Source: Collins Aerospace
Dallas-Fort Worth Climate Average high/low temperatures (°F) January April July October Annual Average
56/36 76/55 96/75 78/57 76/55
Average annual weather occurences Wind Speed
Snowfall
Precipitation
Number of rainy days
Percent of possible sunshine
1.7 inches 80 days
36.1 inches
10.5 mph
61%
Source: NOAA
40
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
Anchorage London Seattle
Seoul Hong Kong
Tokyo Osaka
Chicago
Mexico City Honolulu
Ho Chi Minh City
Amsterdam Frankfurt Luxembourg
Atlanta Dallas-Fort Worth Miami
Los Angeles
Taipei
Brussels
Guadalajara
Bakku Doha
CONNECTIVITY | ACCESS
Dallas Fort Worth International Airport’s cargo network connects the region to 28 major hubs around the world.
Sharjah Mumbai
Panama City
Singapore
Sydney Santiago
Cargo Transportation Around the Region
McKinney National Airport
BNSF Intermodal Yard
Kansas City Southern Wylie Rail Yard
Addison Airport Fort Worth Alliance
Fort Worth Meacham International
Dallas Fort Worth International Airport
Kansas City Southern Garland Rail Yard
Dallas Love Field
Union Pacific Rail Yard Union Pacific Rail Yard -GM
Centennial Yard
Union Pacific Miller Intermodal Facility Union Pacific Dallas Intermodal Terminal
Lancaster Regional Airport
Railport
Pre-designated foreign trade zone “magnet sites” Any company may locate on this land and simply activate with customs.
Union Pacific Company/site-specific Rail Yard foreign trade zones For companies wanting FTZ status but which cannot locate in an existing magnet site.
Rail yard / Intermodal facility Distribution centers Custom port of entry Rail line
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
41
CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD
Dallas Fort Worth International Airport is an economic engine for the region, generating $37 billion in economic impact annually. Built in 1974 and situated midway between Dallas and Fort Worth, it is the highest-capacity commercial airport in the world and one of two international gateway airports in Texas. As a major hub of Fort Worth–based American Airlines, DFW International Airport offers business travelers a high-frequency schedule and access to any major city in the continental United States in less than four hours. Cargo operations, which amounted to 1,006,123 metric tons in 2021, serve 28 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 164 gates flying to 227 destinations. In 2021, DFW began a $2 billion rennovation of its 5th original, and busiest, terminal “C,” with the addition of 4 new gates. The 850,000-square-foot phased project will be complete in 2026. Located just seven miles from downtown Dallas, Love Field is a convenient generaluse airport that serves as the headquarters for low-cost carrier Southwest Airlines. The airport, which served more than 13.3 million passengers in 2021, recently underwent a $519 million modernization renovation, including a centralized terminal with 20 gates, a new lobby, and an expanded baggage claim area. An expanded passenger garage completed in 2019 added 5,000 parking spots.
Dallas Love Field By the Numbers (2021):
Dallas Fort Worth International Airport By the Numbers (2021): Daily Passengers: 171,139 Total Passengers: 62,465,756 International Passengers: 6,122,489 Total Cargo (metric tons): 1,006,123 Dallas Fort Worth International Airport high-frequency destinations Seattle Portland
Total Operations: 211,330 Travel Time From Downtown Dallas: 11 minutes
Boston
Minneapolis Chicago
Philadelphia
Detroit Kansas St Louis City
Las Vegas
San Diego
Charlotte
Nashville
Los Angeles
New York
Washington D.C.
Denver
San Francisco
Atlanta
Phoenix San Antonio
Honolulu
Austin Houston
New Orleans
Orlando Miami
DART’s light rail Orange Line connects Dallas Fort Worth International Airport (DFW Station) to the Las Colinas Urban Center, Dallas Medical District, downtown Dallas, and the entire DART light rail network.
Dallas Love Field domestic destinations Seattle/Tacoma Portland
Minneapolis
Daily Passengers: 36,481 Total Passengers: 13,315,498
Source: Dallas Fort Worth International Airport
Dallas Fort Worth International Airport and Dallas Love Field
Milwaukee Chicago
Salt Lake City Sacramento
Reno
Oakland
Omaha Denver Kansas City
San Jose Las Vegas Burbank Los Angeles (LAX) Ontario Santa Ana Phoenix San Diego Tuscon
New York (Laguardia)
Pittsburgh Baltimore / Washington (BWI) Columbus Washington DC (Reagan National) Indianapolis
St Louis
Tulsa Taos Albuquerque
Dallas Love Field
Raleigh/Durham NASHVILLE Nashville Memphis
Little Rock
Charlotte
Atlanta Birmingham Pensicola New Orleans
Source: City of Dallas
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Orlando Tampa West Palm Beach Ft Meyers Ft. Lauderdale
2022
Our Global Center n 4th busiest airport in the world (passengers) n Host to 25 passenger airlines and 22 cargo and freight carriers (active) n Service to 181 domestic and 56 international destinations out of 5 terminals, 164 gates and 7 runways n Access to every major city in the continental U.S. within four hours n #1 ranking for customer service (AIC, 2019) and Airport of the Year (ATW, 2019) n 1st North American airport to achieve carbon neutral status and U.N. designee as a Global Climate Action leader n 1st airport to acheive Global Biorisk Advisory Council STAR Facility accreditation for infectious disease prevention
CONNECTIVITY | DALLAS FORT WORTH INTERNATIONAL AIRPORT AND DALLAS LOVE FIELD
Dallas Fort Worth International Airport:
n Footprint covering nearly 70 km— larger than Manhattan, with 557,000 square meters of terminal space
San Juan
n Economic output to the Dallas Region totaling $37 billion, supporting 228,000 full-time jobs and $12.5 billion in payroll Source: Dallas Fort Worth International Airport
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
43
CONNECTIVITY | NONSTOP FLIGHT TIMES
Nonstop Flight Times From Dallas-Fort Worth The Dallas-Fort Worth region is globally connected. Dallas Fort Worth International Airport is one of the top 50 most internationally connected airports according to OAG Aviation Worldwide, including a top 5 U.S. ranking. In fact, DFW Airport netted many new domestic and international flights in 2021, or restarted routes that were suspended in 2020. Recent highlights include: n In 2021, American Airlines launched or announced new destinations from DFW Airport to Helskinki; Istanbul; St. Lucia;
Asia/Pacific
Comayagua, Honduras; and two destinations in Mexico—Hermosillo and Merida. n American Airlines restarted routes to Dubai, Madrid, and San Pedro Sula, Honduras, in 2021. n American Airlines offers Boeing 787 Dreamliner international service to Paris, Sao Paulo, and Seoul. n In 2021, DFW Airport and Love Field launched many new domestic flights including to Syracuse, Columbus (GA), Fayeteville (NC), Myrtle Beach, Eugene, and Idaho Falls. n DFW Airport earned the No. 1 ranking DESTINATION — FLIGHT TIME IN MINUTES
ISTANBUL, TK — 726 TOKYO-HANEDA, JP — 805 TOKYO-NARITA, JP — 817 SEOUL, KR — 892
South America Bogota, CO — 329 Lima, PE — 418 Santiago, CL — 565 Sao Paulo-Guarulhos, BR — 609 Buenos Aires, AR — 621
Middle East Doha, QA — 870 Dubai, UAE — 883
Europe London-Heathrow, EN, GB — 538 Madrid, ES — 569 Paris-De Gaulle, FR — 569 Frankfurt, DE — 585 Helsinki-Vantaa, FI — 607
Canada Toronto, ON — 176 Calgary, AB — 229 Vancouver, BC — 257
Alaska & Hawaii ANCHORAGE, AK — 378 KONA, HI — 439 KAHULUI/MAUI, HI — 490 HONOLULU/OAHU, HI — 511
Source: Airplane Manager Pilot Flight Time Calculator
44
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
for customer service in 2019, and Dallas Love Field took the No. 1 spot as the best airport in its region and size class in 2020 from Airports Council International. 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 Montego Bay, JM — 215 Providenciales, TC — 226 San Juan, PR — 274 Punta Cana, DO — 275 Saint Thomas, VI — 297 St. Lucia, LC — 313
Central America Belize City, BZ — 171 Comayagua, HN — 174 San Pedro Sula, HN — 187 Guatemala City, GT — 189 Roatan, HN — 190 San Salvador, SV — 203 Liberia, CR — 227 San Jose, CR — 237
Mexico Monterrey, MX — 97 Hermosillo, MX — 114 Chihuahua, MX — 115 Durango, MX — 122 Merida, MX — 122 Torreon, MX — 120 Zacatecas, MX — 123 San Luis Potosi, MX — 128 Aguascalientes, MX — 138 Leon/Guanajuato, MX — 143 Queretaro, MX — 145 Huatulco, MX — 149 Mazatlan, MX — 149 Cancun, MX — 152 Cozumel, MX — 153 Guadalajara, MX — 153 Mexico City, MX — 153 Morelia, MX — 158 Oaxaca, MX — 160 Puerto Vallarta, MX — 161 San Jose del Cabo, MX — 172 Ixtapa/Zihuatanejo, MX — 172 Loreto, MX — 188 Manzanillo, MX — 191 La Paz, MX — 192 Acapulco, MX — 195
2022
Kansas City, MO — 67 Wichita, KS — 70 Springfield, MO — 74 St. Louis, MO — 77 Omaha, NE — 81 Manhattan, KS — 82 Garden City, KS — 89 Columbia, MO — 89 Grand Island, NE — 101 Indianapolis, IN — 101 Springfield, IL — 106 Des Moines, IA — 108 Evansville, IN — 108 Peoria, IL — 110 Milwaukee, WI — 111 Cedar Rapids, IA — 113 Champaign, IL — 113 Bloomington, IL — 114 Moline, IL — 114 Columbus, OH — 119 Sioux Falls, SD — 121 Detroit, MI — 126 Madison, WI — 129 Cincinnati, OH — 129 Chicago-Midway, IL — 130 Dayton, OH — 131 Fort Wayne, IN — 132 Chicago-O’Hare, IL — 137 Rapid City, SD — 140 Grand Rapids, MI — 140 Minneapolis/St. Paul, MN — 142 Cleveland, OH — 152 Fargo, ND — 152 Bismarck, ND — 162 South Bend, IN — 209
U.S. Northeast Pittsburgh, PA — 135 Washington-National, DC — 149 Philadelphia, PA — 162 Syracuse, NY — 166 New York-La Guardia, NY — 172 Washington-Dulles, VA — 172 Baltimore, MD — 172 Buffalo, NY — 174 Harrisburg, PA — 176 Hartford, CT — 198 Newark, NJ — 208 New York-JFK, NY — 213 Boston, MA — 218
U.S. South Oklahoma City, OK — 35 Waco, TX — 38 Houston-Hobby, TX — 42 Tulsa, OK — 42 Tyler, TX — 43 San Antonio, TX — 43 Wichita Falls, TX — 47 Killeen, TX — 48 Abilene, TX — 48 Houston-Intercontinental, TX — 48 Lubbock, TX — 48 Lawton, OK — 49
2022
Miami, FL — 160 Richmond, VA — 163 Norfolk, VA — 167 Wilmington, NC — 191
U.S. West Roswell, NM — 88 Denver, CO — 89 Santa Fe, NM — 104 Clovis, NM — 105 Albuquerque, NM — 109 Colorado Springs, CO — 111 Flagstaff, AZ — 115 Phoenix, AZ — 115 Carlsbad, NM — 120 Durango, CO — 122 Aspen, CO — 123 Gunnison, CO — 128 Salt Lake City, UT — 128 Montrose (Telluride), CO — 134 Grand Junction, CO — 135 Las Vegas, NV — 136 Tucson, AZ — 137 Idaho Falls, ID — 139 Vail/Eagle, CO — 141 Steamboat Springs, CO — 141 Bozeman, MT — 147 San Diego, CA — 149 Yuma, AZ — 154 Los Angeles, CA — 156 Jackson Hole, WY — 174 Long Beach, CA — 176 Sacramento, CA — 178 San Jose, CA — 179 Oakland, CA — 181 Palm Springs, CA — 182 San Francisco, CA — 182 Ontario, CA — 183 Bakersfield, CA — 184 Billings, MT — 190 Boise, ID — 190 Orange County, CA — 193 San Luis Obispo, CA — 195 Eugene, OR — 197 Santa Barbara, CA — 198 Missoula, MT — 199 Portland, OR — 199 Burbank, CA — 202 Monterrey, CA — 204 Seattle/Tacoma, WA — 204 Fresno, CA — 207 Reno, NV — 208 Spokane, WA — 223 Kahului/Maui, HI — 490 Honolulu/Oahu, HI — 511
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
CONNECTIVITY | NONSTOP FLIGHT TIMES
U.S. Midwest
Longview, TX — 49 Little Rock, AR — 49 College Station, TX — 50 Midland/Odessa, TX — 51 Texarkana, AR — 52 Shreveport, LA — 54 San Angelo, TX — 57 Fort Smith, AR — 59 Austin, TX — 60 Memphis, TN — 63 New Orleans, LA — 64 Northwest Arkansas, AR — 64 Alexandria, LA — 65 Monroe, LA — 66 Beaumont/Port Arthur, TX — 67 Harlingen, TX — 68 Lake Charles, LA — 70 Del Rio, TX — 71 Amarillo, TX — 74 Lafayette, LA — 75 Baton Rouge, LA — 77 Jackson, MS — 77 El Paso, TX — 79 Corpus Christi, TX — 80 Laredo, TX — 80 Nashville, TN — 86 McAllen, TX — 88 Gulfport/Biloxi, MS — 90 Brownsville, TX — 90 Mobile, AL — 93 Columbus, GA — 95 Destin-Fort Walton Beach, FL — 95 Birmingham, AL — 96 Huntsville/Decatur, AL — 100 Montgomery, AL — 102 Pensacola, FL — 103 Panama City, FL — 111 Chattanooga, TN — 113 Knoxville, TN — 117 Louisville, KY — 118 Tampa, FL — 119 Tallahassee, FL — 120 El Dorado, AR — 120 Greenville, MS — 120 Harrison, AR — 120 Hot Springs, AR — 120 Sarasota, FL — 120 Atlanta, GA — 122 Lexington, KY — 124 Orlando, FL — 125 Charleston, SC — 126 Fort Myers, FL — 129 Greenville/Spartanburg, SC — 132 Fayeteville, NC — 134 Raleigh/Durham, NC — 134 Stillwater, OK — 134 Tri-Cities, TN — 134 Jacksonville, FL — 134 Gainesville, FL — 136 Columbia, SC — 136 Savannah/Hilton Head, GA — 140 Fort Lauderdale, FL — 141 Charlotte-Douglas, NC — 146 Greensboro, NC — 149 Asheville, NC — 152 Augusta, GA — 152 West Palm Beach, FL — 155 Myrtle Beach, SC — 157 Key West, FL — 159
45
CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE
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 personal trip destinations. 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 newly launched 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 4th busiest airport in the world), the workhorse Dallas Love Field, and the first major U.S. industrial airport, Alliance.
Airports
Alliance Airport
Commercial Airports Dallas Fort Worth International Airport (DFW) Number of runways: 7 Lengths of runways (feet): 8,500; 9,000; 9,300; 11,400 (3); 13,400 2021 Total operations: 651,895 2020 Total operations: 514,702
Dallas Love Field (DAL)
Alliance Airport (AFW)
Number of runways: 2 Lengths of runways (feet): 7,752; 8,800 2021 Total operations: 211,330 2020 Total operations: 170,162
Number of runways: 2 Lengths of runways (feet): 11,000; 11,010 2021 Total operations: 105,643 2020 Total operations: 107,884 Source: Globalair.com
1 Dallas Fort Worth International Airport
6
2 Dallas Love Field
12
3 Addison Airport 4 Arlington Municipal 5 Dallas Executive 6 Denton Enterprise
15
7 Fort Worth Alliance 7
8 Fort Worth Meacham International Airport
3 16 19
1
9 Fort Worth Spinks 10 Grand Prairie Municipal 11 Lancaster Regional 12 McKinney National
2 17
10
10 4
13
14 NAS Fort Worth Joint Reserve Base 15 Northwest Regional 16 Ralph M Hall/Rockwall Municipal
5
Helicopters and Vertical Take-Off and Landing Aircraft Only:
18 9
Source: Texas Department of Transportation
13 Mesquite Metro
8
17 Dallas CBD Vertiport 11
18 DeSoto Heliport 19 DFW Heloplex/Heliport 20 Ferris Red Oak Municipal Heliport
46
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
Highway construction projects
DENTON McKINNEY
ALLEN
FRISCO PLANO LEWISVILLE WYLIE
FLOWER MOUND
CARROLTON
GRAPEVINE
RICHARDSON GARLAND
BEDFORD
IRVING
EULESS
Dallas
Fort Worth
MESQUITE
GRAND PRAIRIE
ARLINGTON
ROWLETT
LANCASTER CEDAR HILL
DESOTO
MANSFIELD
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.
CONNECTIVITY | TRANSPORTATION INFRASTRUCTURE
Major Transportation Construction Projects
Construction underway or begins soon Construction begins within 4 years
CURRENT EXPRESS/HOV & NEW MANAGED LANES
Construction begins in 5-10 years Corridor studies, construction in 10+ years
Current express/ HOV lanes New TEXpress managed lanes Transitional high-occupancy vehicle lane Major roadways
DENTON segment 3C open 2021
COLLIN
open 2017
open 2014
HUNT
WISE
open 2015
PARKER
HOT conversion open 2016 segment 3B open 2017
open 2018 open 2014
ROCKWALL
segments 3A open 2018
The DFW region has the most managed lanes of any metro in the U.S. The area’s regional transportation planning agency has created a program to use managed lanes to ensure that critical transportation modes, such as buses, are able to maintain 50-70 mph speeds in order to reliably arrive on time. Current express/HOV lanes
segments 1 & 2W open 2014
TARRANT
2022
Current Express/HOV and New Managed Lanes
JOHNSON
open 2016
KAUFMAN DALLAS
ELLIS
New TEXpress managed lanes Transitional HOV lane Major roadways
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
47
CONNECTIVITY | PUBLIC TRANSIT
Public Transit
Dallas Streetcar PHOTO: DART
NW PLANO PARK & RIDE
PLANO
Dallas North Tollway
Dallas Area Rapid Transit (DART), which includes light rail and bus service, features the nation’s longest light-rail network and enables easy access to key job centers in Dallas and its suburbs. DART also provides convenient light-rail access to Dallas Fort Worth International Airport and connects to the Texas Railway Express (TRE). The TRE is an intercity commuter train that transports passengers between downtown Dallas and Fort Worth with stops at several “midcities” suburbs in between. Fort Worth residents are served by the “T” which also connects to the TRE. The Denton County Transportation Authority (DCTA) operates its A-Train, which connects DART riders in Carrollton to five stations ending in Denton. The most recent commuter rail addition, TEXRail, connects downtown Fort Worth to Terminal B at the Dallas Fort Worth International Airport.
To Denton
NORTH CARROLLTON/FRANKFORD
PARKER ROAD JACK HATCHELL TRANSIT CTR. Pre sid e n tG e o r g Bush Turnpike e
DOWNTOWN PLANO
SHILOH ROAD
12TH STREET CITYLINE/BUSH
UT DALLAS
GALATYN PARK
DFW Rail System
TRINITY MILLS
CARROLLTON
ADDISON
CYPRESS WATERS (DALLAS)
DFW AIRPORT NORTH
RICHARDSON
SPRING VALLEY
FARMERS BRANCH
GARLAND
FARMERS BRANCH
Blue Line Red Line
DFW AIRPORT
DFW AIRPORT
Terminal B
Terminal A
IRVING CONVENTION CENTER
NORTH LAKE COLLEGE
Orange Line
LBJ/SKILLMAN
PARK LANE
LAS COLINAS URBAN CENTER BACHMAN LOVE FIELD VIA BUS 524
BURBANK
Trinity Railway Express (No Sunday Service) TEXRail (Trinity Metro)
To Fort Worth
CENTREPORT/ DFW AIRPORT
WEST IRVING
UNIVERSITY PARK HIGHLAND PARK
DOWNTOWN IRVING/ HERITAGE CROSSING
A-Train (DCTA)
Tr i n i ty Ri v e r
DALLAS ZOO HAMPTON
Silver Line (2024)
W hite Ro ck La ke
LAKE RAY HUBBARD TRANSIT CTR.
MESQUITE
HATCHER
8TH & CORINTH
TYLER/VERNON
DESIGN/CONSTRUCTION UNDERWAY
L a ke R ay Hubbard
DEEP ELLUM BAYLOR UNIVERSITY MEDICAL CENTER FAIR PARK MLK, JR. LAWNVIEW
EDDIE BERNICE JOHNSON UNION STATION CONVENTION CENTER CEDARS
COCKRELL HILL
Future Services
LOVERS LANE
ICT ISTR TS D /AR RL PEA . PAUL ST ARD ND AK EST E W
VICTORY
Transit Center or Park & Ride
ROWLETT
S. GARLAND TRANSIT CTR.
WHITE ROCK
SMU/MOCKINGBIRD INWOOD/LOVE FIELD SOUTHWESTERN MEDICAL DISTRICT/ DALLAS PARKLAND MARKET MEDICAL/ CENTER MARKET CENTER CITYPLACE/UPTOWN
IRVING
DOWNTOWN ROWLETT
LAKE HIGHLANDS
WALNUT HILL
WALNUT HILL/DENTON
UNIVERSITY OF DALLAS
Weekdays Peak Only
DOWNTOWN GARLAND
FOREST/JUPITER
ROYAL LANE HIDDEN RIDGE
DFW
Orange Line
LBJ/CENTRAL FOREST LANE
BELT LINE
Green Line
ARAPAHO CENTER
ADDISON TRANSIT CTR.
DOWNTOWN CARROLLTON To Fort Worth
KNOLL TRAIL
LAKE JUNE
MORRELL ILLINOIS
BUCKNER
WESTMORELAND KIEST
TRE and TEXRail to Fort Worth
VA MEDICAL CENTER LEDBETTER
RED BIRD TRANSIT CTR.
CAMP WISDOM
BELL RICHLAND HILLS
UNT DALLAS
FORT WORTH FORT WORTH CENTRAL STATION FORT WORTH T&P STATION
48
GLENN HEIGHTS GLENN HEIGHTS PARK & RIDE
Source: Dallas Area Rapid Transit
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
Downtown Dallas S INNE
Y
EBJ Union Station
TIM LA
LVD
ER
ZB .
BELL
RW OO D
D
GO
AR
5
FORT WORTH
GS
Y
R SPRIN
CEDA
INNE
E AV
TIM LA
CH
OD
FORT WORTH CENTRAL STATION FORT WORTH T&P STATION
LVD
ER
ZB .
HA RW OO D
ER
L
Y VA
MCK
D
ST
COLORA
K PA R N RE AR W E
T UC IAD NV TO US
D
JEFFERSON BLVD
DALLAS STREETCAR
Source: MATA
N SO ER FF
BISHOP ARTS DISTRICT
JE
ST
BL VD
DAVIS ST
POLK ST
ERCE
COMM
MARSALIS AVE
ST
M
ZANG BLVD
Y VA ER
GRIFFIN ST
PACI
BECKLEY AVE
ST
6TH ST
T ELM S
21
Z AN
DO BLVD
LV GB
Park
E FIC AV
T AIN S
HO
MAP NOT TO SCALE
ZANG BLVD
LE CO
E NEY A V McKIN D
AR
20
19
R
AK
18
CI JA
Trinity Railway Express Commuter Rail and Station
VE
O NT
N
SA
Dallas Streetcar & Stop DART Light Rail and Station
RI
SS
RO
2 MIN WALK
LEGEND
Y
16 17
ST
Cedars Union Station
IT
14
E AV
B
IN
15
C
TR
ST
O W
Kay Bailey Hutchison Convention Center
R
E
A OD
IV E
R LL
T LS
IV OL
13
FW
RS
GE
OD
AR PE
12
YR
Y
IN IT
11
West End
G G
TR
AV E
East Transfer Center
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CONNECTIVITY | PUBLIC TRANSIT
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Source: Dallas Area Rapid Transit
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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CONNECTIVITY | REGIONAL VELOWEB
Regional Veloweb The cycling and pedestrian trail around White Rock Lake in Dallas is one of the top attractions for runners in the nation, according to the activity-tracking site Strava. And that’s just the tip of the iceberg for cycling and running in DFW. The Dallas-Fort Worth region has invested in a 1,883-mile network of off-street biking and walking paths, which is part of 7,303 miles of regional shared-use paths referred to as the Regional Veloweb. This network comprises community shared-use paths and an on-street bikeway network, including on-street wide shoulders in rural areas that are in various stages of development. One of the more anticipated trails will connect Dallas to Fort Worth in the near future. The Regional Transportation Council has funded a 24-mile span that will unite the Trinity Trails East Fort Worth extension eastward to the Rock Island Trail in Irving. That connection is expected to be completed in 2023. The Veloweb includes plans for connections in 10 counties and 105 cities in the region, according to the North Central Texas Council of Governments.
Existing Funded Planned
Fort Worth to Dallas Regional Trail Corridor
50
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Existing
39 MIles
Funded
22 MIles
Planned
3 MIles
2022
CONNECTIVITY | REGIONAL VELOWEB
Cotton Belt Existing
15 MIles
Funded
22 MIles
Planned
15 MIles
Denton to Dallas
McKinney to Dallas
2022
Existing
61 MIles
Funded
4 MIles
Planned
17 MIles
Existing
33 MIles
Funded
12 MIles
Planned
9 MIles
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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CONNECTIVITY | MOBILITY 2045
Mobility 2045 Mobility 2045 serves as a fiscally responsible blueprint for the region’s long-term multimodal transportation needs. The plan, adopted by the Regional Transportation Council in 2018, provides a range of transportation options to serve Dallas-Fort Worth now and into the future. As the region grows from more than 7.7 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 $136.4 billion blueprint for the continued maintenance and development of the regional transportation system over the next 20 plus years. Mobility 2045 complies with all federal requirements related to the financial aspects of the metropolitan transportation plan. As the Dallas-Fort Worth region continues to grow, additional solutions will be imperative to comprehensively address the ever-increasing transportation needs.
Transit Corridor Projects Passenger RailTransit Improvements Corridor Projects RAIL RAIL 1 - Cotton Belt 21--Cotton Belt East Extension Cotton Belt Cotton Belt East Extension 32--Downtown Dallas Second Alignment (D2) Downtown Dallas Second Alignment 43--Dallas Streetcar (Central Link) (D2) RAIL 4 - Dallas Streetcar (Central Link) 5 Belt - A-train South Extension 1 - Cotton 5 - A-train South Extension 66Belt --Frisco Line 2 - Cotton East Extension Frisco Line 3 - Downtown Dallas Second Alignment (D2) 77--Mansfield Line Mansfield Line 4 - Dallas Streetcar (Central Link) McKinney Line 88--McKinney Line 5 - A-train9South Extension Midlothian Line 9 --Midlothian Line 6 - Frisco Line 10 - Green Line Southeast Extension 10 -Line Green Line Southeast Extension 7 - Mansfield 11 - Cleburne Line 8 - McKinney 11 12-Line - Cleburne Southwest Line TEX Rail 9 - Midlothian 12 Southwest 13--Line Scyene Line TEX Rail 10 - Green14 LineWaxahachie Southeast Extension Line 13 -- Scyene Line 11 - Cleburne Line 14 - Waxahachie 12 HIGH-INTENSITY - Southwest TEX RailBUS Line
Transit Corridor Projects Denton Wise Wise
Wise
15
1 15
CBD Existing DALLAS Rail
CBD DALLASDALLAS CBD 4
3
16
3
4
16
Hood Parker Parker 14
Hood
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15
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15
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12 June 2018
11
7
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17-BUS - IH Spring Parkway 15 35WCreek Express HIGH-INTENSITY 16 Express - IH 30 Express 15 - IH 35W Existing Rail - Spring Creek Parkway 16 - IH 3017 Express
Existing Rail
Hunt 6
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14
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Ellis
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Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.
Population Growth Projections - 2005-2045 June 2018
Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.
June 2018
Projected 2005-2045 Population Growth 0-341 42-1,041 1,042-2,061 2,062-3,338 3,339-5,012 5,013-7,549 7,550-11,316 11,317-16,756 16,757-25,538 25,539-40,607
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
MAJOR ROADWAY RECOMMENDATIONS MAJOR ROADWAY RECOMMENDATIONS MAJOR ROADWAY RECOMMENDATIONS
New or Additonal Freeway Capacity New or Additonal Freeway Wise Capacity New or Additional Managed LaneorCapacity New Additonal Freeway New or Additional Managed Wise Capacity Lane Capacity New or Additional Toll Road Capacity New or Additional Managed New or Additional Toll Road Lane Capacity Capacity Staged Facility (Frontage Roads) Staged Facility (Frontage New or Additional Toll Road Roads) Capacity Asset Optimization Staged Facility (Frontage Asset Optimization Roads) Asset Optimization
Denton
Wise
Denton
Collin
Denton
Hunt Collin
Collin
Hunt
CONNECTIVITY | MOBILITY 2045
Freeway, Tollway, and HOV/Managed Lane Improvements
Hunt
Rockwall
Rockwall
Rockwall
DALLAS CBD
DALLAS CBD
Parker
DALLAS CBD
Hood Parker
FORT WORTH CBD
Hood FORT WORTH CBD
FORT WORTH CBD
Parker Hood
Tarrant
Tarrant
Johnson
Johnson
Dallas Tarrant
Dallas
Ellis Johnson
Dallas Kaufman
Ellis
Kaufman
Kaufman
Ellis
Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.
Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development.
June 2018
June 2018
Facility recommendations indicate transportation need. Corridor-specific alignment, design, and operational characteristics will be determined through ongoing project development. June 2018
Employment Growth Projections - 2005-2045 Projected 2005-2045 Employment Growth 0-201
Source: North Texas Central Texas Council of Governments
202-471
2022
472-816 817-1,250 1,251-1,773 1,174-2,419 2,420-3,360 3,361-4,649 4,650-6,363 6,364-10,513
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
53
CONNECTIVITY | HIGH-TECH TRAVEL
High-Tech Travel
Right: Example of the type of high-speed rail planned for Texas. Below: Rendering of the planned high-speed rail train station terminal in Dallas.
The Dallas Region is on the cutting edge of some of the world’s most innovative transportation solutions. These technologies will allow DFW to remain one of the least-congested major cities in the world, according to the TomTom Traffic Index, now and far into the future. From deployment of tested and trusted high-speed rail technology, to design and testing of options straight out of science fiction like the drone deliveries and flying taxis, Dallas continues to seek out more efficient, effective, and sustainable transportation options for its residents and workers.
High-Speed Rail Dallas is leading all domestic metros in the development of the first truly high-speed railroad in the U.S. Texas Central is building a 205mph Dallas-Houston train line that will cut the current commute time from three to four hours by car to less than 90 minutes, about the same duration as air travel. This project—expected to begin operations in 2026—will spur multi-modal rail-station development and is predicted to boost transit ridership, car-sharing, and other transportation opportunities in both metros.
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Train Station Proximity Map - Dallas Cedars Station
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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2022
Autonomous Vehicles, Drones, EVTOL’s Texas’ less restrictive regulations and the Dallas Region’s business-friendly environment have set the stage for the early adoption of autonomous vehicles.
n AT&T and Verizon have both begun wide-scale 5G technology deployment, a critical element for connecting vehicles of all types to one another and to the infrastructure that supports them.
n In 2021, Dallas Fort Worth International Airport joined a handful of airports to deploy autonomous passenger shuttles.
n The Dallas Region is the epicenter for selfdriving long-haul trucking companies. Kodiak, Waymo, Embark, Aurora, Gatik, and TuSimple all have significant operations in the area. Both Kodiak and Waymo have built new facilities in southern Dallas County. TuSimple has partnered with Hillwood at a facility in north Fort Worth intended to serve as an origin and destination facility for L4 autonomous trucks.
n Fort Worth-based Bell Helicopter and Dallasbased Hillwood are collaborating to accelerate the eventual large-scale deployment of electric vertical takeoff and landing vehicles (EVTOLs)— the air taxi. DFW is one of a handful test markets. The first test route is between Frisco’s The Star and Dallas Fort Worth International Airport.
Illustration: Andrey Suslov via iStock
Photo: Hillwoood
Hillwood’s AllianceTexas in north Fort Worth is home to the Mobility Innovation Zone (MIZ). The MIZ offers mobility companies full access to an extensive testing ecosystem, resources, and partnerships essential to comprehensively test, scale, and commercialize their technologies. Work in the MIZ is focused on the autonomous movement of freight and goods via air and surface travel. The Texas A&M Transportation Institute (TTI) recently signed on as the think tank for surface and air mobility technologies at the MIZ.
Investing in Tomorrow’s Mobility Technologies Today The North Texas Center for Mobility Technologies (NTCMT) brings coordinated expertise of DFW research universities to tackle global mobility technology challenges. The center handles challenges in areas such as autonomous vehicles, 5G, electric vertical takeoff and landing (EVTOL), electric motors, micro mobility, drones, Lidar, radar, machine vision, freight, drones, first mile, last mile, networking, network splicing, object avoidance, multi-modal and on-demand mobility, personal mobility, fuel cells, battery development, motor controllers, route planning, and more.
CONNECTIVITY | HIGH-TECH TRAVEL
AllianceTexas Mobility Innovation Zone
The center’s objectives include:
n Providing access to a cutting-edge research and development network of and for mobility companies, universities, not-for-profits, municipalities, and public agencies;
n Attracting industry and academic talent to North Texas;
n Developing transportation-related research capabilities within North Texas universities;
n Facilitating communication and n In 2020 and 2021, China-based Pudu Robotics began collaborations with Dallas area restaurants such as La Duni, Japan House, and Ari Korean BBQ to demonstrate the company’s PuduBot kitchen-to-table in-restaurant delivery system. In January 2022, Bay Area-based Starship Technologies launched a fleet of 16 autonomous bots to deliver takeout across the campus of Southern Methodist University. Frisco and Little Elm are the first cities to get a new Walgreens drone delivery service from Wing, a sister company of Google. Tel Aviv-based Flytrex will begin making restaurant food deliveries in DFW suburbs in 2022.
n Aurora, based in Mountain View, CA and Pittsburgh, PA, will test its fleet of self-driving, ride-hailing Toyota robotaxis in Dallas. They collaborated with Toyota’s engineering team to define the requirements of a self-driving passenger minivan and intend to launch the service commercially on ride-hailing networks in late 2024.
2022
collaboration among North Texas universities in pursuit/execution of mobility related grants;
n Facilitating university-public sector partnerships on transportation-related projects;
n Facilitating mobility and transportation internships for workforce enhancement;
n Serving as a catalyst for building similar regional university networks. Organizations working with NTCMT use multi-university partnerships and leverage match funding to further the development of their mobility solutions. Seed funding from the North Central Texas Council of Governments (NCTCOG) and universities can stretch research dollars. While there is no floor on project size, multiple awards are expected with a total ceiling of $2M per year.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
55
CONNECTIVITY | DIGITAL INFRASTRUCTURE
Digital Infrastructure 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 plentiful in the area. Compared to other peering-point cities, DFW offers some of the lowest power rates for large industrial users.
Connecting the World:
Major U.S. internet peering points Seattle Minneapolis New York Salt Lake City San Francisco San Jose
Chicago Washington, D.C.
Denver
Los Angeles
Atlanta
Phoenix DallasFort Worth
Miami
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. 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, Rockwell Aerospace, and Raytheon.
Low Occurrence of Natural Disasters
The probability of a natural disaster in the North Texas region reduces operational risk considerably. The region is geographically dormant, and the likelihood of business disruption resulting from inclement weather remains low.
Availability of Network Providers Approximately 65 business broadband providers operate in Dallas and Fort Worth with many other providers operating in North Texas suburbs. More than half offer fiber service. The concentration of fiber access and total bandwidth guarantees low latency and ensures redundancy.
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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.
2022
CONNECTIVITY | DIGITAL INFRASTRUCTURE
CONNECTIVITY | DIGITAL INFRASTRUCTURE
Dallas ranks #9 in global data center market size. —Cushman & Wakefield, 2022
Data Centers Data Centers Clusters
Dallas-Fort Worth is home to data centers of all types and sizes that specialize in activities from internet hosting for multiple clients to large IT services for one company. Below is a sample of data center operators and tenants in DFW:
Industrial Power Rates for Major U.S. Data Centers Average Power Rate (cents/kWh)
City Atlanta
$0.043
Dallas-Fort Worth
$0.050
Northern Virginia
$0.052
Salt Lake City
$0.056
Chicago
$0.058
Phoenix
$0.063
Houston
$0.065
Pacific Northwest
$0.070
Austin & San Antonio
$0.073
Denver
$0.073
New Jersey
$0.078
Northern California
$0.127 $0.132
Los Angeles
$0.145
Boston
$0.150
Source: JLL Data Center Outlook North America
2022
Source: CoStar
New York
24 Hour Data Agility Communications Group Alacrity Solutions Alcon Data Center Aligned Data Centers AllianceRX Walgreens Alpha Data Center Alpheus Communications American Express Aramak 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 Cologuys
Concentrix Consolidated Communications CoreSpace CyrusOne Cyxtera Technologies Dallas Mavericks DartPoints DataBank Digital Realty EarthLink Empirical Networks Entegrity Networks Enterhost Epic.io Equant Equinix Ericsson Eskycity.com Evoque Data Center Solutions Experian Data Center Facebook Flexential Frontier Communications Global IP Networks GM Financial Google Data Center
HCA IBM Innercity Fibernet Intellys Corporation Internap Network Services JPMorgan Chase Limestone Networks Lincoln Rackhouse Meta NEC Neutral Tandem Nimbix Ntirety NTREIS NTS Communications NTT Data Provision Data Services QTS QuadraNet Rackspace Hosting RagingWire Data Centers Skybox Datacenters Softlayer 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 Vergent Communications Verizon Wireless Viawest WarnerMedia Waymark Commmunications Zayo Group zColo Zthernet
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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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
Photo: metamorworks/iStock
Regional Population Demographics Migration Labor Supply Commuting Patterns Drive Times Worker Place of Residence Skills Development Higher Education Accolades Training, Colleges, and Universities
2022
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
59
TALENT | REGIONAL POPULATION
Regional Population Dallas–Fort Worth is consistently ranked among the nation’s fastest-growing areas. Continuing job growth is a key factor for this increase. The population growth has, in turn, fueled real estate development as retailers and service providers expand to meet increasing demand. Population and job growth have pushed Dallas and Fort Worth to redevelop and re-energize their central business districts, creating mixed-use buildings with residential, office, and retail space in high-end urban environments. While Dallas and Fort Worth represent the largest population centers, 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.
Denton 47,515
McKinney 208,272
Frisco 209,980
Top 25 Cities in DFW by Population
Little Elm 56,625
Flower Mound 81,482
Allen 109,379
Plano 291,296
Lewisville 112,232
Carrollton 139,892
Richardson 121,112
Grapevine 55,780
North Richland Hills 71,949 Farmers Branch 51,373
Euless 57,332
Rowlett 68,388
Garland 238,139
Irving 240,916
Dallas 1,343,266
Fort Worth 927,720 Arlington 398,864
Wylie 54,467
Mesquite 138,916
Grand Prairie 195,272
DeSoto 52,910 Mansfield 73,094
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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
2022
Ten Largest Metros in the U.S.
Hawaii 1,451,911
The Dallas-Fort Worth population is larger than the South Dakota Wyoming combined of North Dakota, Wyoming, Hawaii, North Dakota populations 887,099 577,267 778,962Dakota, M South ontana, Vermont, Maine, and Alaska.
+
+
+
Hawaii 1,451,911 North Dakota 778,962
+
Vermont Wyoming Maine 642,495 577,267 Maine 1,338,404 1,362,280
+
Montana 1,086,193
South Dakota Alaska 887,099
+
+
Vermont 642,495
+
Montana 1,086,193
+
+
Alaska 732,441
+
Combined Population: 7,518,648
Denton 919,324
Wise
Collin 1,072,069
Denton
Hunt 99,807
175,817
Johnson 175,817
19,124,359
1.1%
Los Angeles
13,109,903
2.1%
Chicago
9,406,638
-0.7%
DallasFort Worth
7,694,138
20.4%
7,154,478
20.3%
Washington, D.C.
6,324,629
11.4%
Miami
6,173,008
10.6%
Philadelphia
6,107,906
2.3%
Atlanta
6,087,762
14.8%
Phoenix
5,059,909
20.4%
Collin
Parker 71,084Tarrant 919,324Dallas1,072,069 Hunt Rockwall 148,198 2,123,347 2,635,888 99,807 109,888 Kaufman 143,198 Parker Tarrant Johnson 148,198 2,123,347
New York
Houston
County populations of the Dallas-Fort Worth MSA
Wise 71,084
2010-2020 percent change
732,441
+
Maine Maine 1,338,404 1,362,280
2020 population
Metropolitan Statistical Area
TALENT | REGIONAL POPULATION
Dallas-Fort Worth By the Numbers
Dallas
Ellis 2,635,888 191,760
Kaufman 143,198
Rockwall 109,888
Ellis 191,760
Combined Population: 7,694,138
Components of Population Change: July 1, 2019 to July 1, 2020 Metropolitan Statistical Area Dallas-Fort Worth
Total Population Change
Population Change Percentage
119,748
1.58%
Net migration
Vital events Natural increase
Births
Deaths
Total
International
45,127
97,614
52,487
74,920
16,894
58,026 82,380
Domestic
Sources: US Census Bureau, NCTCOG
Phoenix
106,008
2.14%
17,227
57,251
40,024
88,970
6,590
Houston
91,078
1.29%
46,724
94,996
48,272
44,347
24,587
19,760
Atlanta
60,531
1.00%
26,133
71,104
44,971
34,374
10,787
23,587
Washington, D.C.
27,175
0.43%
34,171
76,870
42,699
-7,058
23,895
-30,953
Miami
8,121
0.13%
9,103
66,442
57,339
-914
45,122
-46,036
Boston
1,940
0.04%
7,777
49,616
41,839
-5,951
20,691
-26,642
Philadelphia
3,129
0.05%
5,434
67,333
61,899
-2,444
8,321
-10,765
-27,114
-0.57%
12,982
48,795
35,813
-40,073
10,001
-50,074
Chicago
-47,644
-0.50%
25,036
106,292
81,256
-72,692
8,482
-81,174
Los Angeles
-72,550
-0.55%
46,206
142,952
96,746
-118,894
9,909
-128,803
-108,135
-0.56%
63,054
226,416
163,362
-170,637
46,173
-216,810
San Francisco
New York
2022
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
61
TALENT | DEMOGRAPHICS
Demographics Demographics in the Dallas–Fort Worth region continue to evolve. Nearly 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 relatively young and well-educated. More than 60 percent of workers 25 years of age and older have at least some college education, with nearly a third holding a bachelor’s degree or other advanced degree.
In the Dallas-Fort Worth area, more than
1,302,041 residents
11,200,000
were added from 2010 to 2020.
or more will live in DFW by 2045.
328 people per day were added to the Dallas-Fort Worth region in 2020.
Total Population:
62
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Sources: US Census Bureau, NCTCOG
7,694,138 2022
28.8% 21.5% 27.6% 18.0% 4.2% 34.8
Foreign-Born Population
18.7%
TALENT | DEMOGRAPHICS
AGE
0-19 Years 20-34 35-54 Years 55-74 Years 75+ Years Median Age
World Region of Birth of Foreign Born
FOREIGN BORN
RACE/ ETHNICITY LABOR FORCE
[Occupations of Persons 16 and Older]
EDUCATION
Photos: IstockPhoto
[Persons 25 and Older]
2022
HOUSEHOLD INCOME
Europe Asia Africa Oceania Latin America Northern America
4.2% 28.5% 7.9% 0.3% 58.0% 1.1%
White Black or African American Asian Other Hispanic
46.0% 15.5% 6.8% 2.7% 28.9%
Management, Business, Science, and Arts Occupations
39.5%
Service Occupations
15.3%
Sales and Office Occupations
22.8%
Natural Resources, Construction, and Maintenance Occupations
9.5%
Production, Transportation, and Material Moving Occupations
12.9%
Less than 9th Grade 9th to 12th Grade, No Diploma High School Graduate/GED Some College/No Degree Associate’s Degree Bachelor’s Degree Graduate/Professional Degree
7.2% 7.2% 22.3% 21.1% 7.0% 23.0% 12.2%
Average Household Size 0 - $34,999 $35,000 - $74,999 $75,000 - $149,999 $150,000 + Median Household Income
2.83 23.1% 29.8% 29.9% 17.2% $70,281
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
63
TALENT | MIGRATION
Seattle
Migration Patterns Domestic migration patterns illustrate worker flow within states and throughout the nation. As can be seen with this map, individuals come to DFW from all parts of the country. The reasons why they relocate range from quality of life to employment prospects to overall business climate.
San Francisco Boston
New York
1,000 to 6,999
Denver 4,000 to 9,999
delphia
hington
m
San Jose Riverside
10,000 to 19,999
20,000 to 49,999
Los Angeles
San Diego
Phoenix
50,000 and above
San A
In-Migration to DFW From Other Major Metro Areas: 2015 - 2019 Geography
In-Migration
In-Migration
● Houston-The Woodlands-Sugar Land, TX
89,575
● Miami-Fort Lauderdale-West Palm Beach, FL
16,290
● Los Angeles-Long Beach-Anaheim, CA
55,265
● San Francisco-Oakland-Hayward, CA
15,330
● San Antonio-New Braunfels, TX
44,250
● San Diego-Carlsbad, CA
14,535
● Austin-Round Rock, TX
44,040
● Denver-Aurora-Lakewood, CO
14,495
● New York-Newark-Jersey City, NY-NJ-PA
33,495
● San Jose-Sunnyvale-Santa Clara, CA
● Chicago-Naperville-Elgin, IL-IN-WI ● Phoenix-Mesa-Scottsdale, AZ ● Atlanta-Sandy Springs-Roswell, GA
28,710 20,230 17,695
● Washington-Arlington-Alexandria, DC-VA-MD-WV 16,960
64
Geography
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
● Minneapolis-St. Paul-Bloomington, MN-WI
11,365 10,950
● Seattle-Tacoma-Bellevue, WA
9,635
● Orlando-Kissimmee-Sanford, FL
8,160
● Boston-Cambridge-Newton, MA-NH
7,750 2022
Minneapolis Chicago
Detroit
New York Pittsburgh
TALENT | MIGRATION
Boston
1,000 to
4,000 to
Philadelphia Washington Durham
Raleigh Charlotte
10,000 to
20,000 to
Atlanta
50,000 an
Orlando Tampa Houston
Antonio
Austin Miami Geography
In-Migration
● Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
7,515
● Tampa-St. Petersburg-Clearwater, FL
7,390
● Riverside-San Bernardino-Ontario, CA
7,085
● Detroit-Warren-Dearborn, MI
6,855
● Pittsburgh, PA
5,245
● Charlotte-Concord-Gastonia, NC-SC
4,455
● Durham-Chapel Hill, NC
2,225
● Raleigh, NC
1,120 Source: PUMS Data, U.S. Census Bureau
2022
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
65
TALENT | MIGRATION
Inbound Migration Maps The Dallas-Fort Worth region grew faster than any other major U.S. metro between 2015 and 2019. 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 6 percent during the same period. Each year Dallas-Fort Worth attracts approximately 90,000 individuals who possess a bachelor’s degrees or higher. Arguably, the only way to lure such a workforce is by offering good jobs that pay well, with excellent corporate cultures, or an environment conducive to starting a business.
About the Maps
Total Domestic Migration Into DFW 2015-2019 Legend Number of People 0-11,915
11,916-17,185
17,186-22,600
22,601-28,435
28,436-35,755
35,756-45,050
45,051-66,625
Relocating From the New York Metro to DFW 2015-2019
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 2015-2019 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.
66
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Legend Number of People 0-110
111-345
346-535
536-825
826-1,240
1,241-2,125
2,126-4,500
2022
Relocating From the Chicago Metro to DFW
Legend
0-160
906-1,875
0-65
496-710
161-370
1,876-2,765
Legend
Number of People
711-1,285
371-655
2,766-4,770
Number of People
66-185 186-335
1,286-2,295
2015-2019
2015-2019
656-905
336-495
Relocating From the Bay Area to DFW
Relocating From the Boston Metro to DFW
2015-2019
2015-2019
Legend
0-30
836-1,445
Number of People
31-175
1,446-2,490
176-315
2,491-3,865
316-835
2022
TALENT | MIGRATION
Relocating From the Los Angeles Metro to DFW
Legend
0-19
236-425
Number of People
20-75
426-665
76-135
666-1,025
136-235
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
67
TALENT | 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. Seventy-three percent of the region’s 7.7 million residents are of working age. From this base, employers can tap into a total civilian labor force of 4 million people, a workforce size surpassed only by the much larger Chicago, Los Angeles, and New York metro areas.
Major Employment Centers
With Distance and Direction of Worker Commute ALLIANCE
DOWNTOWN FORT WORTH
N
NW
N
NW
NE
TOTAL JOBS: W 12000
7200
E
2400
37,860
TOTAL JOBS: W 4800
8000
SE
SW
% of Workers
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
28.0% 40.4% 18.8% 12.8%
S Distance to Job
18000 30000
N
NW
NE
E
6000
TOTAL JOBS:
150,901
SE % of Workers
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
30.9% 41.6% 11.3% 16.3%
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DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
W 15000 25000
% of Workers 22.7% 49.3% 9.9% 18.1%
DFW AIRPORT NORTH N
NW
E
5000
TOTAL JOBS:
106,403
NE
W
TOTAL JOBS:
E
5000
120,628
15000 25000
SE % of Workers
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
42.7% 33.4% 12.7% 11.3%
S Distance to Job
N
NW
NE
E
TOTAL JOBS:
87,765
17500
SW S Distance to Job
SE
NE
W 16000
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
28.5% 46.5% 12.4% 12.6%
GREAT SOUTHWEST
N
3500
% of Workers
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
LBJ CORRIDOR NW
SE
SW
S Distance to Job
10500
SE
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
NE
SW
W
121,551
15000
S Distance to Job
N
The U.S. Census Bureau pairs home/work census blocks to describe geographic patterns related to the workforce. Mapping commuter flows, for example, can help employers determine where potential workers live, as well as how far they might be willing to travel for work. Radar images dynamically communicate several important aspects about worker commute patterns. Using Dallas Downtown-Uptown as an employment center example, the radar indicates primary and secondary cardinal directions from which a worker travels to a job, and the distance traveled as determined by the color of each pie piece. The size of each pie piece indicates the volume of workers who commute from that direction and distance as indicated by the dashed concentric circles marked in hundreds or thousands of people. For instance, the greatest number of downtown workers live north of Dallas, while the greatest percentage (42 percent) reside between 10 to 24 miles away.
TOTAL JOBS:
E
5000
SW
S Distance to Job
NW
NE
W 25000
SW
37.0% 35.4% 15.1% 12.5%
LAS COLINAS
N
W
% of Workers
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
DALLAS NORTH TOLLWAY NW
SE
SW
S Distance to Job
42,952
E
1600
LEGACY
Radar charts explained
NE
9600
SW % of Workers 32.4% 39.8% 11.9% 15.9%
E
3200
S Distance to Job
TOTAL JOBS:
92,852
SE
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
% of Workers 32.6% 41.9% 12.5% 13.1%
2022
Source: U.S. Census Bureau, Center for Economic Studies (data based on 2019 employment estimates)
Labor Supply
Total Population Per Square 1/4 Mile
Population Density
180- 467
DALLAS DOWNTOWN-UPTOWN
W
24000 40000
NW
E
8000
1,652-2,298 2,299-3,446 3,447-9,155
SOUTHERN DALLAS INLAND PORT
TOTAL JOBS:
163,427
N NW
NE
W 10500
E
3500
TOTAL JOBS:
95,841
17500
SW
SE S
Distance to Job
1,222-1,651
N NE
SW
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
2022
827- 1,221
TELECOM CORRIDOR
N NW
468- 826
% of Workers 30.1% 42.0% 13.7% 14.2%
S Distance to Job
TALENT | LABOR SUPPLY
Where People Live
W
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
3000
SW % of Workers 38.6% 37.1% 12.7% 11.6%
E
1000
5000
SE
NE
S Distance to Job
TOTAL JOBS:
21,717
SE
Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles
% of Workers 32.7% 33.3% 16.9% 17.1%
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
69
TALENT | COMMUTING PATTERNS
Commuting Patterns Getting around the Dallas–Fort Worth region is easy, thanks to a well-developed network of interstate freeways, state highways, 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 7%
Wise 44%
8%
Denton 37%
14%
Collin 49%
7% 12% 34%
3%
7%
28%
Parker 39%
Tarrant 68%
37%
9% 22%
37% 14%
Johnson 36%
% 70
Live and work in the same county
%
Travel out of county for work
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
12%
36%
Dallas 78%
41%
Ellis 35%
Source: EMSI
2022
TALENT | COMMUTING PATTERNS
78%
of all workers living in Dallas County work in Dallas County, and 9% (1,420,396 people) commute to Tarrant County. Getting to Work
Means of Transportation (Workers 16 and Over) 11%
Hunt 44%
20%
Public Transportation
Taxicab, Motorcycle, or Other Means
(excluding taxicab)
1.3%
Walked
1.2%
1.1%
Bicycle
Worked at Home
0.2%
6.6%
6% 10%
43%
Rockwall 29% 6%
Car, Truck, or Van
Workers Per Car, Truck, or Van:
89.7%
1.06
Drove Alone
45%
Kaufman 29%
80.4%
Carpooled In 2-Person Carpool In 3-Person Carpool In 4-or-More Person Carpool
9.4% 6.9% 1.2% 1.2%
Source: US Census Bureau, 2019 American Community Survey 1-Year Estimates
Average commute time: 28.6 minutes 2022
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
71
TALENT | DRIVE TIMES
Drive Times It’s common to work in one part of the Dallas-Fort Worth area and live in another. It’s only a matter of getting from point A to point B. More than ninety percent of people who commute to work do so by car, truck, or van. It’s easy thanks to our well-developed network of interstate freeways, state highways, and tollways connecting job centers to our fastgrowing new communities. The following maps—based on morning rush hour— will provide an estimate of how long a commute will take.
HWY 190 and HWY 75
Downtown Dallas
72
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
2022
TALENT | DRIVE TIMES
HWY 121 & Dallas North Tollway
Dallas Fort Worth International Airport
Denton
Southern Dallas
Downtown Fort Worth
Travel Time 15 Minutes
30 Minutes
45 Minutes
60 Minutes
75 Minutes
90 Minutes
105 Minutes
120 Minutes Source: North Central Texas Council of Governments 2022
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
HQ Executives and Managers General and operations managers comprise nearly half of all 138,000 professionals in this occupation group in Dallas-Fort Worth. Other executives include C-level occupations, sales managers and financial managers.
Legend Number of HQ/Executive Management Workers 0-11 12-34 36-60 61-106 107-216
Each dot represents the number of HQ/executive management workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Legend: Occupation Jobs | Median hourly earnings
74
Chief Executives 4,326 | $93.33
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
General and Operations Managers 70,680 | $50.66
Computer and Information Systems Managers 12,867 | $74.01
Financial Managers 17,901 | $70.25
Human Resources Managers 4,609 | $61.99
2022
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 650,000 such jobs in the region.
TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Legend Number of Back Office Support Workers 0-53 54-157 158-274 275-464 465-852
Each dot represents the number of back office support workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Human Resources Specialists 18,375 | $31.51
2022
Computer User Support Specialists 23,326 | $23.06
First-Line Supervisors of Office and Administrative Support Workers 42,279 | $29.11
Bookkeeping, Accounting, and Auditing Clerks 44,982 | $20.63
Executive Secretaries and Executive Administrative Assistants 12,277 | $29.26
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Engineering
The lion’s share of individuals in the engineering occupation group are the 34,000-plus professionals who develop apps and software. Others titles (and the number of workers in their field) in this category are as follows: industrial engineers (more than 7,000); mechanical engineers (6,000); and electrical engineers (5,000). More than 125,000 work in this occupation group in Dallas-Fort Worth.
Legend Number of Engineering Workers 0-10 11-30 31-54 55-92 93-171
Each dot represents the number of engineering workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Legend: Occupation Jobs | Median hourly earnings
76
Computer Network Architects 7,072 | $60.05
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Aerospace Engineers 3,153 | $63.02
Electrical Engineers 3,413 | $48.56
Industrial Engineers 8,445 | $45.88
Mechanical Engineers 6,713 | $45.28
2022
IT/Computer
Workers who fall into the IT/Computer occupation group work in every industry in the Dallas-Fort Worth region. Nearly 160,000 people hold jobs related to keeping the business community’s digital infrastructure running 24/7. In addition to software developers who comprise the majority of occupations in this group, there are increasing demands for information security analysts, computer systems analysts, and computer and information systems managers.
TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Legend Number of IT/Computer Workers 0-13 14-41 42-76 77-135 136-281
Each dot represents the number of IT/computer workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Computer and Information Systems Managers 12,867 | $74.01
2022
Information Security Analysts 6,102 | $55.71
Software Developers and Software QA Analysts and Testers 53,386 | $52.83
Computer Network Support Specialists 7,370 | $42.74
Computer Occupations, All Other 12,579 | $46.18
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Financial Services
It should be no surprise that accountants and auditors comprise a large number of individuals employed in the financial services workforce in Dallas-Fort Worth. More than 44,000 people with those job titles work in DFW. Another 45,000 workers are employed as bookkeeping, accounting, and auditing clerks in the region. Other occupations in this category include bill collectors, tellers, financial managers, and credit counselors. All told, this occupation group employs more than 215,000 professionals in the region.
Legend Number of Financial Services Workers 0-19 20-58 59-108 109-205 206-449
Each dot represents the number of financial services workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across DallasFort Worth.
Legend: Occupation Jobs | Median hourly earnings
78
Financial Managers 17,901 | $70.25
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Accountants and Auditors 40,867 | $37.50
Budget Analysts 1,335 | $37.96
Financial Analysts 17,669 | $38.41
Loan Officers 8,948 | $36.56
2022
Health Care
Registered nurses comprise the largest portion of individuals employed in this occupation group in the Dallas-Fort Worth region. More than 60,000 individuals share that occupation, accounting for roughly a fifth of the 327,000 workers in the health care occupations group. Other occupations include medical service managers, therapists, health care technicians, and health support workers.
TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Legend Number of Health Care Workers 0-23 24-69 70-122 123-210 211-392
Each dot represents the number of health care workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Pharmacists 7,016 | $59.05
2022
Physical Therapists 4,952 | $45.39
Registered Nurses 62,252 | $36.98
Physicians, All Other; and Ophthalmologists, Except Pediatric 8,077 | $98.66
Medical Dosimetrists, Records Specialists, and Health Technologists and Technicians, All Other 8,041 | $21.06
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Skilled Manufacturing
Dallas-Fort Worth’s skilled manufacturing workers are employed in a wide variety of industries from auto manufacturing to eyeglass assembly. Occupations in this sector include computer-controlled machine tool operators, inspectors, testers, sorters, and electrical assemblers. More than 60,000 individuals are employed in this sector in DFW.
Legend Number of Skilled Manufacturing Workers 0-4 5-13 14-23 24-39 40-75
Each dot represents the number of skilled manufacturing workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Legend: Occupation Jobs | Median hourly earnings
80
Electrical and Electronic Engineering Technicians 3,206 | $32.43
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Industrial Engineering Technologists and Technicians 2,102 | $32.97
Machinists 6,356 | $21.23
Welders, Cutters, Solderers, and Brazers 10,050 | $20.36
Computer Numerically Controlled Tool Programmers 842 | $27.91 2022
Assembly & Manufacturing More than 90,000 workers are employed in the assembly & manufacturing occupation group in Dallas-Fort Worth. Their specialties include first-line supervisors of production and operating workers (13,000 workers have this title). Assemblers, production workers, and helpers also fall under this occupation segment.
TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Legend Number of Assembly & Manufacturing Workers 0-6 7-17 18-29 30-49 50-98
Each dot represents the number of assembly and manufacturing workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
First-Line Supervisors of Production and Operating Workers 13,538 | $30.59
2022
Electrical and Electronic Assemblers, Except Coil Winders, Tapers, and Finishers 9,551 | $17.42
Miscellaneous Assemblers and Fabricator 28,573 | $14.44
Helpers/ Production Workers 7,840 | $12.93
Production Workers, All Other 3,161 | $15.03
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TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Distribution & Logistics
Nearly 750,000 workers in Dallas-Fort Worth belong to this occupation group, reflecting the region’s central U.S. location and strong logistics connections via air, road and rail. Clerks, drivers, package handlers, and customer service reps make up the majority of occupations in this group.
Legend Number of Distribution & Logistics Workers 0-53 54-154 155-262 263-430 431-829
Each dot represents the number of distribution and logistics workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth.
Legend: Occupation Jobs | Median hourly earnings
82
Transportation, Storage, and Distribution Managers 4,853 | $46.01
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Logisticians 5,606 | $34.74
Inspectors, Testers, Sorters, Samplers, and Weighers 15,095 | $18.29
Heavy and TractorTrailer Truck Drivers 66,193 | $23.23
Hand Packers and Packagers 12,028 | $12.47
2022
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 250,000 workers are employed in this occupation group in the region.
TALENT | WORKER PLACE OF RESIDENCE
Worker Place of Residence by Occupation Group
Legend Number of High-Tech Workers 0-19 20-60 61-109 110-189 190-380
Each dot represents the number of high tech workers living within a ½ mile square area. To produce this map the Dallas Regional Chamber worked with labor analytics company EMSI to assign their proprietary zip code level occupation data to a uniform 0.5 x 0.5 mile grid across Dallas-Fort Worth. Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Computer Systems Analysts 21,852 | $47.62
2022
Network and Computer Systems Administrators 12,181 | $41.76
Operations Research Analysts 4,048 | $41.90
Architectural and Civil Drafters 4,351 | $26.68
Semiconductor Processing Technicians 1,945 | $18.00
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TALENT | SKILLS DEVELOPMENT
A Snapshot of Regional Skills Development Institutions focusing on enhancing workforce skill sets across Dallas-Fort Worth are ready to work with companies to support their growing talent needs. Skills development, apprenticeships, and access to other training programs for developing highly skilled and productive employees are provided through area community colleges, workforce boards, and other non-profit and quasi-governmental organizations. Wherever a company locates within the region, they will find many resources to help them grow.
Skills Development Fund
Examples: 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 at Cedar Valley to provide health care job training to 1,284 workers with a $927,000 Skills Development Fund grant. The consortium—members of the Dallas Fort Worth Hospital Council Foundation Regional Healthcare Workforce Planning Collaborative— ensures the region has enough health professionals to meet Dallas-Fort Worth’s growing population. Dallas College at Cedar Valley trains workers as phlebotomy, EKG, and pharmacy technicians in CPR and in medical billing and coding.
This successful state grant program offers businesses, consortia of businesses, or trade unions an opportunity to identify a training need and then partner with a public community or technical college to fulfill it. Businesses work with college partners to submit proposals, develop curricula, and conduct training. The Skills Development Fund pays for the training, the college administers the grant, and businesses create new jobs and improve the skills of their current workers. skills.texasworkforce.org
n In 2019 and 2020, Amcor Rigid Plastics USA, Cadence McShane Construction Company, Campos Engineering Inc., E.A. Sween Company, Glazer’s Beer and Beverage, H2T Holdings, Herbalife International of America, and Romark Texas LLC worked with Dallas College at Cedar Valley to upskill 290 workers with a $603,000 Skills Development Fund grant. The college used the funds to hone workers’ skills in manufacturing, maintenance and repair, as well as logistics, safety, and leadership.
Workforce Development Three workforce development boards serve residents and companies across the Dallas-Fort Worth region. Companies can use their services to find, hire, train, and retain skilled workers. WorkInTexas. com, is a free service for job postings and applicant screening. Workforce offices will work with employers to create customized hiring events, build skills training programs, and provide labor market data, as well as provide child care and transportation services for job seekers. Workforce Solutions Greater Dallas wfsdallas.com
Workforce Solutions North Central Texas Wise County
Denton County
Workforce Solutions for Tarrant County Palo Pinto County
Parker County Hood County
Erath County
Workforce Solutions for Tarrant County workforcesolutions.net
Tarrant County Johnson County
Collin County
Workforce Solutions Greater Dallas
Rockwall County
Hunt County
Dallas County Ellis County Kaufman County
Somervell County
Navarro County
Workforce Solutions North Central Texas dfwjobs.com
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Area community colleges can work with companies of all sizes to customize training programs and curriculum to meet their workforce needs. Dallas College includes seven independently accredited campuses—Brookhaven, Cedar Valley, Eastfield, El Centro, Mountain View, North Lake, and Richland—and a dozen centers throughout the county. Since 1965, Dallas College has served over three million people, making it one of the largest community college systems in Texas. Tarrant County College (TCC) has six campuses and two training centers. Approximately one in every 22 Tarrant County residents takes a TCC class each year. Collin College attracts 35,000 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. Texas State Technical College (TSTC) is a statewide college system with 10 campuses throughout the state, including one in North Texas.
TALENT | SKILLS DEVELOPMENT
Community Colleges
Dallas College (and every community college and technical school in Texas) has initiated a partnership with Amazon Web Services (AWS) to offer an associate of applied science degree in cloud computing. Students are introduced to cloud computing technologies such as gaming, artificial intelligence, and medical applications. In January 2018, Google started an IT support professional certificate program at Dallas College to prepare students and workers for entry-level roles in information technology support in six months without prior training. The program features five modules designed to teach the key areas of knowledge needed for entry-level IT positions, including technology support, and computer networking.
Collin College opened its $179 million, threestory, 340,000-square-foot Technical Campus in September 2020. The four-building complex can serve up to 7,100 traditional, dual credit, and continuing education students. 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 industrystandard technology. Coursework centers on high-demand, high-wage career fields including automotive, construction, health care, information technology, and manufacturing.
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 new 35,000-square-foot center will provide 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.
Tarrant County voters passed an $825 million bond proposal to improve, renovate, and enhance workforce technology across the six Tarrant County College (TCC) campuses.
The Texas State Technical College in North Texas is a 100,000 square foot campus that houses many advanced workforce programs and state-of-the-art labs. Programs include: n Computer Aided Drafting & Design Technology n Computer Networking & Systems Administration n Cybersecurity
2022
n n n n
Diesel Equipment Technology Electrical Power & Controls HVAC Technology Industrial Systems-Electrical Specialization
n Precision Machining Technology n Welding
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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TALENT | HIGHER EDUCATION ACCOLADES
Higher Education Accolades In many ways the Dallas-Fort Worth region is the intellectual capitol 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 six Nobel Laureates.
Fastestgrowing Doctoral Universities in the U.S.
#2 #6
#1 in the World: UT Southwestern Medical Center is the only academic medical center in the world to serve as home to six Nobel Laureates.
#6 in the U.S.: 72 percent of DFW higher ed graduates stay and work in the region; the sixth highest retention rate in the U.S.
#3
Fastest-growing public university in Texas
#1 in Texas: DFW has more Carnegie R-1 (very high research) universities than any other Texas metro.
#1 Region in Texas for higher ed enrollment and degree completion:
Computer Science Undergraduate Degrees Awarded in the U.S.
23% of all students in Texas are enrolled in a DFW college or university. 24% of all degrees completed annually in Texas come from a DFW college or university. That’s more than any other region in the state.
—ASEE (2021)
—THECB (2021)
“The area still attracts business and financial services companies, which have reached a critical mass and can draw on a network of necessary support services. Overall growth is buoyed by a well-educated population, a competitive cost structure and the U.S. economy’s strength.” — Federal Reserve Bank of Dallas study, “At the Heart of Texas”
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“We took a problem that we didn’t think was solvable. We figured we might have some fun with this and make these students really frustrated. But … they came back with an answer.” — Worlds’ CEO Dave Copps, speaking of the University of Texas at Dallas’ Design Capstone program
— Dr. Victor Fishman, Executive Director of the Texas Research Alliance
TALENT | 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.”
Top 100 in the Nation: UNT has 20 programs ranked in the top 100 in the nation, according to U.S. News & World Report (2021)
#1 in the World for Faculty Quality — The Economist (2021)
#3 Grad School for Game Design
“The culture of genuine partnership, collaboration and openness to new ideas sets DFW apart in the nation.”
— The Princeton Review (2021)
— Dallas Regional Chamber Higher Education Review
$67.4 billion: Economic activity in the region comes from graduates of DFW institutions, totaling 15% of the total regional economy. — 2019 Perryman Group Study
TWU is 1 of 8 institutions in the U.S. offering a Ph.D. in Physical Therapy, and the only Texas institution to offer the program. 2022
#1 Four-year Institution for Veterans — Military Times (2021)
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TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
Training, Colleges, and Universities
Higher Education A wide array of universities and colleges attract students from all over the world.
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.
NORTH CEN TEXAS COLL (GAINESVIL
TEXAS WOMAN’S UNIVERSITY WEATHERFORD COLLEGE (WISE COUNTY)
UNIVERSITY OF NORTH TEXAS
1
4
NO TEX (DE
NORTH TEXAS C (FLOWE CAMPUS
TARRANT COLLEGE (NORTHWEST CENTER OF EXCELLENCE FOR AVIATION, TRANSPORTATION AND LOGISTICS)
TARRANT COUNTY COLLEGE (NORTHEAST CAMPUS)
TARRANT COUNTY COLLEGE (NORTHWEST CAMPUS)
TARRANT COUNTY COLLEGE - UNIVERSITY OF NORTH TEXAS HEALTH SCIENCE CENTER (TRINITY RIVER CAMPUS) - TCU SCHOOL OF MEDICINE UNIVERSITY OF TEXAS AT ARLINGTON - FORT WORTH WEATHERFORD COLLEGE TCU (TEXAS CHRISTIAN UNIVERSITY)
TEXAS A&M COLLEGE OF LAW
10
ARLINGTON BAPTIST UNIVERSITY TARRANT COUNTY COLLEGE (OPPORTUNITY CENTER)
TARRANT COUNTY COLLEGE (SOUTH CAMPUS)
2021 Enrollment* 62,629 36,742 33,803 7,652 6,560 5,576 5,470 WEATHERFORD 158,432
TARLETON STATE UNIVERSITY
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
TARLETON STATE UNIVERSITY-FORT WORTH
HILL COLLEGE (BURLESON)
COLLEGE (EDUCATION CENTER AT GRANBURY)
The Texas Workforce Commission provides funding for Continuing Education (CE) courses within the community college system. A total of 5,748 students enrolled in CE courses in the districts and colleges listed above in Fall 2021.
Source: Texas Higher Education Coordinating Board
Dallas College Tarrant County College Collin College North Central Texas Community College District Navarro College Trinity Valley Community College Weatherford College DFW Total Community College Students *preliminary
88
14
TEXAS TERRELL SCHOOL OF WESLEYAN TARLETON UNIVERSITY STATE
SOUTHWESTERN BAPTIST THEOLOGICAL SEMINARY
Community College Districts Institution
6
12
UNIVERSITY OF TEXAS AT ARLINGTON RESEARCH INSTITUTE
SOUTHWESTERN ADVENTIST UNIVERSITY
Private University
HILL COLLEGE (JOHNSON COUNTY)
Public University Community College
HILL COLLEGE (GLEN ROSE)
2022
2
AUSTIN COLLEGE (SHERMAN)
COLLIN COLLEGE (CELINA CAMPUS)
7 COLLIN COLLEGE (MCKINNEY CAMPUS)
ORTH CENTRAL XAS COLLEGE ENTON CAMPUS)
NORTH CENTRAL TEXAS COLLEGE (CORINTH CAMPUS)
UNIVERSITY OF NORTH TEXAS AT FRISCO COLLIN COLLEGE (TECHNICAL CAMPUS) COLLIN COLLEGE [FRISCO CAMPUS] - TEXAS A&M UNIVERSITY - COMMERCE
CENTRAL COLLEGE ER MOUND S)
COLLIN COLLEGE HIGHER EDUCATION CENTER - TEXAS A&M UNIVERSITY - COMMERCE - TEXAS TECH UNIVERSITY - TEXAS WOMAN’S UNIVERSITY - UNIVERSITY OF NORTH TEXAS AT FRISCO - UNIVERSITY OF TEXAS AT DALLAS
COLLIN COLLEGE (FARMERSVILLE CAMPUS)
COLLIN COLLEGE (ALLEN)
AMBERTON UNIVERSITY (FRISCO)
UNIVERSITY OF NORTH TEXAS AT FRISCO [HALL PARK]
TEXAS A&M UNIVERSITY COMMERCE
COLLIN COLLEGE (PUBLIC SAFETY TRAINING CENTER)
TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
NTRAL LEGE LLE)
COLLIN COLLEGE (PLANO CAMPUS) MIDWESTERN STATE UNIVERSITY - FLOWER MOUND
DALLAS COLLEGE (COPPELL CENTER)
COLLIN COLLEGE (COURTYARD CENTER)
3
ABILENE CHRISTIAN UNIVERSITY DALLAS
DALLAS COLLEGE (BROOKHAVEN CAMPUS) DALLAS CHRISTIAN COLLEGE
TEXAS A&M AGRILIFE CENTER AT DALLAS UNIVERSITY OF PHOENIX DALLAS CAMPUS
COLLIN COLLEGE (WYLIE CAMPUS)
UNIVERSITY OF TEXAS AT DALLAS UNIVERSITY OF TEXAS AT DALLAS - CENTIQ DALLAS COLLEGE (RICHLAND CAMPUS)
DALLAS COLLEGE COLLIN COLLEGE (GARLAND CENTER) (ROCKWALL CENTER) DALLAS COLLEGE ART INSTITUTE (CULINARY, PASTRY, HOSPITALITY CENTER) OF DALLAS PARKER SMU TEXAS A&M UNIVERSITY (SOUTHERN UNIVERSITY METHODIST DALLAS COLLEGE AMBERTON UNIVERSITY COMMERCE [DALLAS] UNIVERSITY) (NORTH LAKE CAMPUS) (GARLAND) TEXAS TECH UD 5 11 EVEREST DALLAS COLLEGE HEALTH SCIENCE UNIVERSITY COLLEGE (EASTFIELD CENTER DALLAS THEOLOGICAL SEMINARY OF DALLAS CAMPUS) WEST COAST UT SOUTHWESTERN CRISWELL COLLEGE UNIVERSITY 13 MEDICAL CENTER TEXAS A&M COLLEGE OF DENTISTRY TEXAS TEXAS A&M UNIVERSITY WOMAN’S UNIVERSITY OF NORTH TEXAS AT DALLAS COLLEGE OF LAW COMMERCE MESQUITE DALLAS COLLEGE UNIVERSITY UNIVERSITY OF NORTH TEXAS AT UNIVERSITIES CENTER AT DALLAS METROPLEX CENTER (IRVING CENTER) INSTITUTE 15 UNIVERSITY OF TEXAS MCCOMBS MBA AT DALLAS OF HEALTH DALLAS COLLEGE (EL CENTRO CAMPUS) SCIENCES DALLAS COLLEGE (BILL J. PRIEST CENTER) DALLAS COLLEGE (WEST DALLAS CENTER) UNIVERSITY OF TEXAS AT DALLAS CENTER FOR DALLAS COLLEGE (HEALTH SCIENCE & DENTAL HYGIENE CENTERS) BRAINHEALTH DALLAS COLLEGE (DOWNTOWN DESIGN CENTER) UNIVERSITY OF TEXAS DALLAS AT ARLINGTON - DALLAS COLLEGE DALLAS COLLEGE COLLEGE -UNT DALLAS (PLEASANT VIEW 8 DALLAS (MOUNTAIN (LANCASTER GROVE CENTER) CAMPUS) BAPTIST INNOVATION CENTER) UNIVERSITY PAUL QUINN COLLEGE 9 UNIVERSITY OF 9 NORTH TEXAS AT DALLAS TARRANT COUNTY COLLEGE (SOUTHEAST CAMPUS)
SOUTHWESTERN CHRISTIAN COLLEGE TRINITY VALLEY COMMUNITY COLLEGE (TERRELL)
Major Universities
DALAS COLLEGE (CEDAR VALLEY CAMPUS)
University
DALLAS COLLEGE (CEDAR HILL CENTER)
MIDLOTHIAN HIGHER EDUCATION CENTER - NAVARRO COLLEGE - TARLETON STATE UNIVERSITY NAVARRO COLLEGE (WAXAHACHIE CAMPUS) SOUTHWESTERN ASSEMBLIES OF GOD
NAVARRO COLLEGE - TEXAS A&M UNIVERSITY - COMMERCE (CORSICANA)
2022
Source: Texas Higher Education Coordinating Board
TEXAS STATE TECHNICAL COLLEGE (RED OAK)
TRINITY VALLEY COMMUNITY COLLEGE HEALTH SCIENCE CENTER
2021 Enrollment*
1 University of North Texas (UNT) - Denton 42,227 2 The University of Texas at Arlington (UTA) 41,515 3 The University of Texas at Dallas (UTD) 29,691 4 Texas Woman’s University (TWU) 15,827 5 Southern Methodist University (SMU) 12,385 6 Texas Christian University (TCU) 11,878 7 Texas A&M University (TAMU) - Commerce 11,493 8 Dallas Baptist University (DBU) 4,366 9 University of North Texas (UNT) - Dallas 4,186 10 Texas Wesleyan University 2,605 11 University of Dallas (UD) 2,538 12 University of North Texas Health Science Center - Fort Worth 2,458 13 UT Southwestern 2,318 14 Texas A&M University School of Law - Fort Worth 522 15 University of North Texas College of Law - Dallas 380 *preliminary
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TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
DFW Higher Education Institutions Total Enrollment (2021) and Degrees Awarded (2019-2020) for Select Institutions 2021 Enrollment
Institution
Associate’s
Bachelor’s
Master’s
Amberton University
1,001
50
314
Austin College
1,228
339
20
Collin College
33,803
3,892
-
658
506
154
23
Dallas Baptist University
4,366
15
Dallas College
62,629
7,976
Navarro College
6,560
1,023
North Central Texas College
7,652
994
Parker University
1,922
98
Paul Quinn College Southern Methodist University
385
62
12,385
2,004
Certificates Post-Bachelor’s or Master’s
23
Doctorate
45
205
1,740
53
315
855
4
142
10
1,842
206
247
97
-
115
26
1
Tarrant County College
36,742
5,931
Texas A&M University-Commerce
11,493
1,289
70
Southwestern Adventist University Southwestern Assemblies of God University Southwestern Christian College
1,872
522
Texas A&M University School of Law Texas Christian University
169
11,878
Texas State Technical College, North Texas Campus
2,340
465
339
231
39
105
302
39
Texas Wesleyan University
2,605
Texas Woman's University
15,827
2,191
1,491
129
212
The University of Texas at Arlington
41,515
8,553
4,882
275
265
The University of Texas at Dallas
29,691
4,637
3,542
254
256
Trinity Valley Community College
5,576
884
2,538
336
357
114
7
University of North Texas
42,227
7,825
1,958
216
325
University of North Texas at Dallas
4,186
669
150
University of North Texas at Dallas College of Law
380
University of North Texas Health Science Center at Fort Worth
2,458
379
37
365
University of Texas Southwestern Medical Center at Dallas
2,318
111
206
308
Weatherford College
5,470
78 109
815
Other Higher Learning Institutions in the Region American Broadcasting School-Arlington
Dallas Institute of Funeral Services
Lincoln College of Technology
Argosy University
Dallas Nursing Institute
National American University
Aviation Institute of Maintenance-Dallas
Everest College
PCI Health Training Center
Brightwood College
Golf Academy of America
Cannon Institute of Higher Learning
90
The College of Health Care Professions
KD Conservatory - College of Film and Dramatic Arts
Court Reporting Institute of Dallas
Kaplan College
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
Peloton College United States National Tennis Academy University of Phoenix West Coast University
2022
Source: Texas Higher Education Coordinating Board; EMSI and National Center for Education Statistics
University of Dallas
Dallas-area employers are able to recruit easily from the 200+ schools within Texas and adjacent states, offering a highly educated pipeline of talent.
54,117
323,609
Number of bachelor’s, master’s, and Ph.D.s awarded in 2020 from Dallas-area colleges and universities.
Number of degrees (bachelor’s, master’s, and Ph.D.s) and certificates (post-bachelor’s and master’s) awarded in 2020 from educational institutions within Texas and adjacent states.
TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
Talent Pipeline
Degrees Awarded (2020) in Dallas-Fort Worth by Area of Study Area of Study Agricultural/Animal/Plant/Veterinary Science And Related Fields Architecture and Related Services Area, Ethnic, Cultural, Gender, and Group Studies Biological and Biomedical Sciences Business, Management, Marketing, and Related Support Services Communication, Journalism, and Related Programs Communications Technologies/Technicians and Support Services Computer and Information Sciences and Support Services Construction Trades Culinary, Entertainment, and Personal Services Education Engineering Engineering/Engineering-related Technologies/Technicians English Language and Literature/Letters Family and Consumer Sciences/Human Sciences Foreign Languages, Literatures, and Linguistics Health Professions and Related Programs History Homeland Security, Law Enforcement, Firefighting and Related Protective Services Legal Professions and Studies Liberal Arts and Sciences, General Studies and Humanities Library Science Mathematics and Statistics Mechanic and Repair Technologies/Technicians Multi/Interdisciplinary Studies Natural Resources and Conservation Parks, Recreation, Leisure, Fitness, and Kinesiology Philosophy and Religious Studies Physical Sciences Precision Production Psychology Public Administration and Social Service Professions Social Sciences Theology and Religious Vocations Transportation and Materials Moving Visual and Performing Arts Grand Total
2022
Associate 160
Bachelor’s
Master’s
Certificates PostBachelor’s or Master’s 1
Doctorate
16
81 62 35 1,935
21 82 12 378
1,479
6,090
4,855
75
1,433
95
4
176
2
30
37
604 12 182
1,669
1,858
156
72
18 320 1,875 102 570 213 346 5,615 398
2,135 1,076 148 52 87 65 2,927 50
48 68
2 222
236 207 2 26 16 7 1,147
4
19
1
553 43
267 3 49 35
2,271
6 3 238
103
232
54
6
4
5
462
819
70
6
149 15,305 9 1 668
23
33 119 496
1
23
137 8
41
1,462
296 1
457
363 330 20
49 1
2,373 81 890 113 299
11 124
2
37 34 24
1,566 581
368 970
58
64 48
1 23
42
161
3 7
17
2
12 81
11
1,485
195
13
46
95 15 295
303 24 1,759
725
28
63
323
34
65
23,105
32,999
18,179
1,362
2,661
DALLAS REGIONAL ECONOMIC DEVELOPMENT GUIDE
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TALENT | TRAINING, COLLEGES, AND UNIVERSITIES
STEM Certificates/Degrees Awarded (2020) in DFW by Classification Aerospace, Aeronautical and Astronautical Engineering
86
Ecology, Evolution, Systematics, and Population Biology
50
Applied Mathematics
234
Electrical, Electronics and Communications Engineering
591
Engineering, General
100
Architectural Engineering Astronomy and Astrophysics Biochemistry, Biophysics and Molecular Biology Biology, General Biomathematics, Bioinformatics, and Computational Biology Biomedical/Medical Engineering
1 461 1,725 24 302 9
Engineering, Other
14
Environmental/Environmental Health Engineering
25 7
Genetics
98
Geological and Earth Sciences/Geosciences Industrial Engineering
164
Information Science/Studies
1,137
Cell/Cellular Biology and Anatomical Sciences
99
Manufacturing Engineering
32
Chemistry
219
Materials Engineering
70
279
Mathematics
510
Mechanical Engineering
853
Civil Engineering Computer and Information Sciences, General Computer Engineering
2,245 480
Microbiological Sciences and Immunology
27
Computer Programming
44
Neurobiology and Neurosciences
Computer Science
362
Operations Research
55
Computer Software and Media Applications
43
Physics
189
Computer Systems Analysis
125
Physiology, Pathology and Related Sciences
34
Computer Systems Networking and Telecommunications
150
Statistics
126
Computer/Information Technology Administration and Management
167
Systems Engineering
89
Construction Engineering
119
Data Processing
86
Total
Texas Research Alliance:
Source: EMSI and National Center for Education Statistics
Biotechnology
10
234
11,675
Texas Research ALLIANCE
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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.
n 501c-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
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2022
WE LIKE FARMS,
BUT WE DON'T HAVE ANY. FARMERS BRANCH, TEXAS
The Heart of the Dallas-Fort Worth Metroplex
Frisco 21 mi.
Plano
17 mi.
14 mi.
FB
11 mi.
DFW
Love Field
31 mi. 14 mi.
Fort Worth
Arlington
22 mi.
Dallas
PREMIUM LOCATION · HIGHLY SKILLED & EDUCATED WORKFORCE · NO FARMS FARMERS BRANCH ECONOMIC DEVELOPMENT DEPARTMENT Allison Cook | Economic Development Director | 972.919.2507
FA R M E R S B R A N C H T X .G OV
The First Stop On Your Business Journey ◦ ◦ ◦ ◦ ◦
94
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Shovel-Ready Industrial Park BNSF Rail Certi�ed Site Competitive Incentives Workforce Partners Interstate Access
2022
Industry
Photo: Michael Samples
Industry Diversity Advanced Services Manufacturing Financial Activities High Tech Health Care Life Sciences Aviation and Aerospace Hospitality Logistics
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
95
INDUSTRY | INDUSTRY DIVERSITY
Industry Diversity
Moody’s Industrial Diversity Index 1.0
Industrial diversity is an index used to gauge the extent to which an area’s economy resembles the national economy. It is useful in determining how closely the nation’s economic performance will be mirrored across regional economies. The diversity index for a given year is calculated using employment data at the four-digit NAICS level of industrial detail. A diversity index of one, the highest possible value, indicates that an area’s industrial structure—its distribution of employment across industries—is exactly the same as that of the nation. The lower the index, the less the region approximates the industrial structure of the nation. The index assumes that it is impossible for a regional economy to be more diverse than the national economy. Therefore, there are no diversity index values higher than 1.0. A state or metropolitan area with a higher diversity index is more likely to weather an economic downturn than those dependent on a single industry.
.9
United States Diversity Index = 1.0
.83
.82
.8
.82
.79
.79
.75
.75
.7
.71
.70 .64
.64
.6 .5 .4
.36
.3 .2 .1
C hi ca go D al At la la snt Fo a rt W or Ph th ila de lp hi a Ph oe ni x N ew Yo rk M ia m i Bo st Lo on sA ng el es H ou st Sa on n Fr an W ci as sc hi o ng to n DC
0
Texas Metro Comparisons: 2021 Employment by Supersector Variance from Percent of U.S. Employment Professional And Business Services
Financial Activities
Mining, Logging, and Construction
Information
7%
6%
6%
5%
5%
4%
4%
3%
3%
2%
2%
1%
1%
-1%
-1%
-2%
-2%
-3%
-3%
96
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Houston
Austin
Fort Worth*
Dallas*
Houston
Austin
Fort Worth*
Dallas*
Houston
Austin
Fort Worth*
Dallas*
Houston
Austin
Fort Worth*
* Metropolitan division. All others are metropolitan statistical areas.
Dallas*
U.S. Employment
2022
Source: Bureau of Labor Statistics, CES
7%
tie
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Professional and
ort sp ran ,T de Tra
Business Serv
18.9%
bli
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ini
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ati o
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g fac tur in Ma nu
n
7.1 %
Othe
r Serv
ices
8.1%
Le i
su
re
an
d
% 6.5
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pi
ta
lit
%
4% 9.
tructio
An industry concentration measure, location quotient (LQ) = industry share of local employment/industry share of national employment (e.g., an LQ of 1.15 means the location is 15% more reliant on that industry’s employment than is the nation as a whole).
1.12
7.3%
Source: EMSI, 2021Q4 QCEW; OES, 2020
Location Quotient:
0.9 1
7 0 . 1
% 6.5
Cons
I
n
io at
m or nf
3.6 %
%
1.9
2 1.0
% 1.7
s
nc
a Fin
1.07
1.06
0.6%
.9%
Natural Resources and Mining
itie
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1.54
Ed
.77
%
ing
1.31
0.7 7
n(
6 1.4
6.5
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5.5 %
Pu
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13 .3 %
lth
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rv
ic
es
s
10 .2 %
12 .4 %
ices
As one of the most diverse regional economies in the nation, Dallas-Fort Worth excels in many important industry sectors. DFW ranks among the top five regions in 10 of the 12 industries evaluated by Site Selection Magazine (including a first-place ranking in Aerospace). Logistics and trade, technology, and advanced and other professional services represent the lifeblood of the economy, offering competitive advantages on both the national and the international levels. The DFW area is also a proven location for headquarters to thrive, making the region a magnet for business leadership.
INDUSTRY | INDUSTRY DIVERSITY
27.3%
.9% 19
%
.5 0 2
Industry Sectors
9 8.
y
Location Quotient
Legend
Employment
%
Establishments %
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
97
INDUSTRY | ADVANCED SERVICES
Advanced Services Advanced services have traditionally referred to headquarters. However, this category also includes financial, professional, and technical services— from management consulting firms to business insurers and 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
NumberofofAdvanced Advanced Services Businesses Number Services Businesses 11
100 60
1010760
Legend: Occupation Jobs | Median hourly earnings
98
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Financial Managers 17,901 | $70.25
Management Analysts 22,423 | $45.32
Market Research Analysts and Marketing Specialists 17,438 | $37.30
Project Management and Operations Specialists, All Other 48,807 | $40.87 2022
INDUSTRY | ADVANCED SERVICES
Industry
Establishments
Avg. Employment
Telecommunications
944
34,403
Data Processing, Hosting, and Related Services
541
13,609
12,471
261,681
Real Estate and Rental and Leasing
10,386
90,327
Professional, Scientific, and Technical Services
29,451
317,517
53,793
717,537
Finance and Insurance
Total
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Accountants and Auditors 40,867 | $37.50
2022
Financial and Investment Analysts, Financial Specialists, All Other 17,669 | $38.41
Computer Systems Analysts 21,852 | $47.62
Network and Computer Systems Administrators 12,181 | $41.76
Computer Programmers 8,264 | $44.37
Software Developers and QA Analysts and Testers 53,386 | $52.83
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
99
INDUSTRY | MANUFACTURING
Manufacturing The Dallas-Fort Worth region is often associated with major headquarters, logistics, distribution, and supply chain operations. But most people might not realize that the manufacturing industry makes up 7.1 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.
A Cornerstone of Our Economy Dallas-Fort Worth has more manufacturing activity than any other metropolitan area in Texas.
21
9
31
13 27
30
43
Share of Statewide Manufacturing Employment by Metro
5 23 39
31.6%
1
32 24 37
2 29
All Other Texas metros
Dallas
10 14
30.9%
Houston
24.6%
San Antonio
25
Austin
5.7%
7.2%
Industry
Establishments
Manufacturing
6,875
Avg. Employment 285,267
Legend: Occupation Jobs | Median hourly earnings
100
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Industrial Production Managers 3,910 | $54.91
Industrial Engineers 8,445 | $45.88
Mechanical Engineers 6,713 | $45.28
Industrial Machinery Mechanics 8,690 | $25.53
2022
3
34
15
8
33 22
28
36 41
3 11
18
20
12
38 35
19 16
6
26
7 17 40 4
42
Number Services Businesses Numberof ofAdvanced Manufacturing Businesses 11
15 60
61760
1 2 3 4 5 6 7 8 9 10 11 12
Airbus Helicopter Alcon Laboratories American Leather Arcosa Bell Helicopter Coca-Cola Southwest Beverages Dal-Tile Corporation Diodes Inc ESAB Farmer Brothers Frito-Lay Fujitsu Network Communications
13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43
GE Manufacturing Solutions General Motors Huawei Device USA Interceramic Keurig Dr Pepper L-3 Communications Aerospace Systems L-3 Communications/Com Cept Division L-3 Mustang Technology Group Labinal Lennox International Lockheed Martin Aeronautics Lockheed Martin Missiles & Fire Control Louis Vitton Madix Mary Kay Maxim Integrated Products Miller Coors Motorsport Aftermarket Group Peterbilt Motors Poly-America Qorvo Raytheon Consolidated Manufacturing Center Raytheon EO Innovations Raytheon Space and Airborne Systems Safran Samsung Electronics America Smith & Nephew Solar Turbines Texas Instruments Triumph Aerostructures TXI
INDUSTRY | MANUFACTURING
Major Manufacturing Operations in Dallas-Fort Worth
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
First-Line Supervisors of Production and Operating Workers 13,538 | $30.59
2022
Electrical, Electronic, and Electromechanical Assemblers 9,551 | $17.42
Miscellaneous Assemblers and Fabricators 28,573 | $14.44
Helpers— Production Workers 7,840 | $12.93
Production Workers, All Other 3,161 | $15.03
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
101
INDUSTRY | FINANCIAL ACTIVITIES
Financial Activities The Dallas-Fort Worth region is a key U.S. financial center. DFW is home to Comerica’s corporate headquarters, and Bank of America and Fidelity Investments maintain major operations and call centers here. JPMorgan Chase, Citigroup, and Wells Fargo are among the top employers in the region. Capital One operates an innovation center that is helping to drive advances in fintech. And in 2021, Charles Schwab relocated it headquarters to DFW after acquiring TD Ameritrade in 2020, which also has a sizable campus in the region. Dallas is home to the Federal Reserve Bank of Dallas, serving the 11th Federal Reserve District comprising Texas, northern Louisiana, and southern New Mexico. The Federal Deposit Insurance Corporation hosts a regional office here, as well. Financial firms are located throughout the DFW region, with the largest concentration centered in downtown Dallas and its northern suburbs of Addison and Plano. Downtown Fort Worth also has many financial companies. When it comes to insurance, the Dallas-Fort Worth area hosts national and regional headquarters for most major providers, including State Farm and Liberty Mutual.
The DFW Region Is a Key U.S. Financial Center. 47
44 10 51
19 6
1
50
42 18
7
12
55
53 28
3
58 35
21
37 22
27 38
30
13 48
4 17
15
11
34 57
45 60
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Financial Managers 17,901 | $70.25
175760
Accountants and Auditors 40,867 | $37.50
Credit Analysts 3,391 | $34.64
33
5
45 29 11 31 41 14 20 9 32 16 24 2 49 36 25 23 43 26
Legend:
102
39
8
Number ofFinancial Advanced Services Businesses Number of Industry Businesses
Occupation Jobs | Median hourly earnings
56
Personal Financial Advisors 8,591 | $40.82
2022
52 40 46 54
● Finance
● Insurance
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34
35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58
Alkami Technology Amegy Bank Bank of America Bank of Texas BBVA Capital One Charles Schwab Citi Comerica Bank Fannie Mae Federal Reserve Bank of Dallas Fidelity Investments Fifth Third Bank Frost Bank GM Financial Goldman Sachs JP Morgan Chase Mercedes-Benz Financial Services USA Merrill Lynch MoneyGram International Mr. Cooper Options Clearing Corp ORIX USA Corp PlainsCapital Bank PNC Business Credit Santander Consumer USA Silicon Valley Bank TD Ameritrade Texas Capital Bank Toyota Industries Commercial Finance Truist Bank UBS Financial Services Veritex Holdings Wells Fargo Bank
Industry
AAA Texas AIG Allstate Aon BenefitMall Blue Cross & Blue Shield of Texas Chubb Group of Insurance Companies CIGNA HealthCare of Texas FDIC FM Global | AFM GAINSCO Geico Globe Life Hallmark Financial Services HUB International Libery Mutual Insurance New York Life Insurance State Farm Insurance TIAA Travelers UnitedHealthcare of Texas USAA USHEALTH Group Zurich
Establishments
Monetary Authorities-Central Bank
Avg. Employment
8
1,101
Credit Intermediation and Related Activities
3,933
117,027
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
3,478
36,577
Insurance Carriers and Related Activities
4,926
106,201
126
775
12,471
261,681
Funds, Trusts, and Other Financial Vehicles Total
INDUSTRY | FINANCIAL ACTIVITIES
Finance and Insurance Companies in Dallas-Fort Worth
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Loan Officers 8,948 | $36.56
2022
Investment Analysts, Financial and Risk Specialists, All Other 17,669 | $38.41
Insurance Sales Agents 22,480 | $32.57
Securities, Commodities, and Financial Services Sales 16,286 | $30.41
Insurance Claims and Policy Processing Clerks 11,261 | $19.70
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
103
INDUSTRY | HIGH-TECH
High-Tech In 1958, Dallas led the nation into the new era of information and communication technologies with Nobel Laureate Jack Kilby’s invention of the microchip at Texas Instruments. This invention spurred the development of 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 technical services, and bio-life sciences. The region’s activity in key emerging technologies such as next generation wireless and broadband communications, artificial intelligence, and virtual reality, as well as medical, bio, and life sciences, is gaining national recognition.
The 5th Largest Concentration of High-Tech Jobs in the U.S. 2021 High-Tech Employment
New York-NewarkJersey City, NY-NJ-PA
490,929
WashingtonArlington-Alexandria, DC-VA-MD-WV
372,165
Los Angeles-Long Beach-Anaheim, CA
356,631
San FranciscoOakland-Berkeley, CA
282,844
Dallas-Fort WorthArlington, TX
273,797
Seattle-TacomaBellevue, WA
270,937
Boston-CambridgeNewton, MA-NH
268,026
Chicago-NapervilleElgin, IL-IN-WI
251,284
San Jose-SunnyvaleSanta Clara, CA
236,662
Atlanta-Sandy Springs-Alpharetta, GA
198,269
The Information Age Was Born in DFW. Top Semiconductor and Semiconductor Machinery Manufacturers With Operations in DFW Creation Technologies [Plano] Maxim Integrated Products [Dallas, Irving] Qorvo [Richardson] Texas Instruments [Dallas, Plano, Richardson, Sherman] Top Fabless Semiconductor Companies With Operations in DFW Diodes Inc. [Plano] Micron Technology [Allen] Qorvo [Richardson] STMicroelectronics [Coppell] Top Telecom Companies With Operations in DFW Alcatel-Lucent [Plano] AT&T [Dallas] BT Global Services [Coppell] Cisco Systems [Dallas, Irving, Richardson] Ericsson [Plano] Frontier Communications [Allen] Fujitsu Network Communications [Richardson] Ribbon Communications [Frisco] Goodman Networks [Frisco] Huawei Technologies [Plano] MetroPCS [Richardson] NEC Corporation [Irving] Nokia North America [Plano, Coppell] Raytheon Technologies [McKinney, Dallas, Plano] Samsung Electronics America [Richardson, Coppell] Verizon Communications [Irving, Richardson] ZTE USA [Richardson] Top Electronic Instrument Companies With Operations in DFW BAE Systems [Dallas, Fort Worth] Collins Aerospace [Richardson] Elbit Systems of America [Fort Worth] Emerson [McKinney] Garrett Electronics [Garland] Honeywell [Richardson] Leonardo DRS [Dallas] Megger Group [Dallas] Schneider Electric [Carrollton] Top Computer Systems and Software Companies With Operations in DFW Accenture [Irving ] Capgemini [Irving] Cognizant [Irving] DXC Technology [Irving, Plano, Richardson] HP Enterprise Services [Plano]
IBM [Dallas] Infosys [Plano, Richardson] Intuit [Plano] L3Harris-ComCept [Rockwall] Microsoft [Irving] NTT Data [Plano] Oracle [Dallas, Irving] Raytheon Technologies [McKinney, Dallas, Plano] RealPage [Richardson] SAP AG [Plano] Siemens PLM Software [Plano] TEKsystems [Irving] Trend Micro NA [Irving] Xerox [Dallas] Top Cloud Services and Data Center Companies With Operations in DFW ADP [Dallas] Amazon [Dallas/Fort Worth] AT&T [Dallas] Atos [Irving] Cisco Systems [Allen, Richardson] Comparex USA [Dallas] CyrusOne [Carrollton, Dallas] Equinix [Dallas] Facebook [Fort Worth] Fujitsu Ltd. [Richardson] Google [Midlothian] HP Enterprise Services [Plano] IBM [Dallas] Level 3 Communications [Dallas] Rackspace Hosting [Dallas] Raging Wire [Garland] SAVVIS (CenturyLink) [Dallas] SoftLayer [Dallas] T5 Data Centers [Plano] Verio (NTT Communications) [Dallas] Verizon Terremark [Irving] ViaWest [Plano] XO Communications [Dallas] Top Online Services Companies With Operations in DFW Amazon [Coppell, Dallas, Haslet] Facebook [Fort Worth] Hotels.com (Expedia Group) [Dallas] Match Group [Dallas] Sabre Holdings [Southlake] Thryv [Dallas] Travelocity (Expedia Group) [Dallas] Uber Technologies [Dallas]
Legend: Occupation Jobs | Median hourly earnings
104
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Computer Systems Analysts 21,852 | $47.62
Computer Network Support Specialists 7,370 | $42.74
Computer Network Architects 7,072 | $60.05
Software Developers and QA Analysts and Testers 53,386 | $52.83
2022
INDUSTRY | HIGH-TECH
NumberofofHigh-Tech AdvancedIndustry Services Businesses Number Businesses 11
25 60
88760
High-Tech Manufacturing Industry
Establishments
Avg. Employment
Semiconductor Machinery Manufacturing
10
156
Optical Instrument and Lens Manufacturing
11
184
Computer and Electronic Product Manufacturing
519
44,503
Aerospace Product and Parts Manufacturing
115
32,775
655
77,618
Sub-total
Information Services Establishments
Industry
Avg. Employment
Bio Sciences & Medical Technology Industry
Establishments
Basic Chemical Manufacturing
65
2,151
Pharmaceutical and Medicine Manufacturing
65
5,015
Medical Equipment and Supplies Manufacturing
241
6,181
Scientific Research and Development Services
392
5,491
Sub-total
763
18,838
Professional & Technical Services Establishments
Industry
Software Publishers
522
10,508
Engineering Services
Telecommunications
944
34,403
Data Processing, Hosting, and Related Services
541
13,609
Internet Publishing and Broadcasting and Web Search Portals
268
Sub-total
2,275
2,832 61,352
Avg. Employment
Avg. Employment
1,407
24,481
Testing Laboratories
191
3,036
Computer Training
60
310
7,877
94,950
Computer Systems Design and Related Services Sub-total
Total
9,535
122,777
13,228
280,585
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Aerospace Engineers 3,153 | $63.02
2022
Computer Hardware Engineers 2,145 | $56.81
Electrical Engineers 3,413 | $48.56
Mechanical Engineers 6,713 | $45.28
Industrial Engineering Technologists and Technicians 2,102 | $32.97
Semiconductor Processing Technicians 1,945 | $18.00
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
105
INDUSTRY | HEALTH CARE
Health Care
138 Hospitals and Other Facilities
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.
25 30
With Acute Care Capacity
19
Health Care Systems in Dallas-Fort Worth 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
20
27
Major Public Systems JPS Health Network Parkland Health
17 13 5
National Health Care HQs
10 8
AMN Healthcare Accentcare Addus HomeCare Concentra Golden Living Community Hospital Corp Cornerstone Healthcare Group McKesson Corporation U.S. Renal Care United Surgical Partners
Services Establishments
Industry Health Care and Social Assistance Home Health Equipment Rental Pharmacies and Drug Stores
15
12 23
21
Avg. Employment
23,940
410,409
30
381
26
Government Industry
Establishments
Administration of Public Health Programs
1,384
13,362
Optical Goods Stores
242
1,206
Insurance
Other Health and Personal Care Stores
463
3,174
Industry
93
1,679
26,152
430,211
Direct Health and Medical Insurance Carriers
Research and Development in Biotechnology Sub-total
33
Establishments 76
Avg. Employment 32,393
Avg. Employment 8,077
Legend: Occupation Jobs | Median hourly earnings
106
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Medical and Health Services Managers 10,775 | $49.23
Physician Assistants 3,632 | $54.22
Occupational Therapists 2,759 | $42.39
Registered Nurses 62,252 | $36.98
2022
Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Number of beds 24
16
29
6 14
1 4 28
3 31 11 7
2
32
9
22 18
Number of of Advanced Services Businesses Number Health Care Businesses 11
150 60
845760
Manufacturing Establishments
Industry Pharmaceutical and Medicine Manufacturing
Avg. Employment
65
5,015
Analytical Laboratory Instrument Manufacturing
9
948
Irradiation Apparatus Manufacturing
6
<10
Medical Equipment and Supplies Manufacturing
241
6,181
Sub-total
321
12,144
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32
Medical City Dallas Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 963 Baylor University Medical Center. . . . . . . . . . . . . . . . . . . . . . . . . . 914 Parkland Memorial Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 882 Texas Health Presbyterian Hospital Dallas . . . . . . . . . . . . . . . . . . 875 Texas Health Harris Methodist Hospital Fort Worth . . . . . . . . . . 720 Medical City Plano. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 664 University of Texas Southwestern Medical Center. . . . . . . . . . 608 John Peter Smith Hospital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 578 Methodist Dallas Medical Center. . . . . . . . . . . . . . . . . . . . . . . . . . 563 Baylor Scott & White All Saints Medical Center - Fort Worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 538 Children’s Medical Center of Dallas. . . . . . . . . . . . . . . . . . . . . . . 490 Medical City Arlington. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 453 Cook Children’s Medical Center. . . . . . . . . . . . . . . . . . . . . . . . . . 444 Methodist Richardson Medical Center. . . . . . . . . . . . . . . . . . . . 394 Texas Health Arlington Memorial Hospital. . . . . . . . . . . . . . . . . 369 Texas Health Presbyterian Hospital Plano. . . . . . . . . . . . . . . . . . 338 Medical City Fort Worth. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 320 Methodist Charlton Medical Center. . . . . . . . . . . . . . . . . . . . . . . . 317 Baylor Scott & White Medical Center - Grapevine . . . . . . . . . . 302 Baylor Scott & White Medical Center - Irving. . . . . . . . . . . . . . . . 293 Texas Health Huguley Hospital. . . . . . . . . . . . . . . . . . . . . . . . . . . . 291 Dallas VA Medical Center. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 289 Texas Health Harris Methodist Hospital Southwest Fort Worth. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 263 Columbia Medical Center of McKinney Subsidiary, L.P. . . . . . 260 Texas Health Presbyterian Hospital Denton. . . . . . . . . . . . . . . . . 255 Methodist Mansfield Medical Center . . . . . . . . . . . . . . . . . . . . . . 254 Texas Health Harris Methodist Hospital Hurst-Euless-Bedford. . . . . . . . . . . . . . . . . . . . . . . . . . . . 252 City Hospital at White Rock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 218 Baylor Scott & White Medical Center - Carrollton. . . . . . . . . . . . 216 Medical City Denton. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 208 Lifecare Hospitals of North Texas - Dallas. . . . . . . . . . . . . . . . . . 206 Dallas Regional Medical Center . . . . . . . . . . . . . . . . . . . . . . . . . . . 202
Wholesale Trade Establishments
Industry
Avg. Employment
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
525
9,050
Ophthalmic Goods Merchant Wholesalers
51
1,117
Drugs and Druggists' Sundries Merchant Wholesalers
388
8,316
Sub-total
964
18,483
25,581
477,959
Total for all sectors
INDUSTRY | HEALTH CARE
Major Hospitals (With More Than 200 Beds)
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Dental Hygienists 4,581 | $40.13
2022
Clinical Laboratory Technologists and Technicians 8,178 | $26.50
Surgical Technologists 2,500 | $24.73
Licensed Practical and Licensed Vocational Nurses 16,754 | $24.28
Medical Dosimetrists, Records Specialists, and Technologists 8,041 | $21.06
Nursing Assistants 21,662 | $14.52
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
107
INDUSTRY | LIFE SCIENCES
Life Sciences The Dallas-Fort Worth life sciences industry is dominated by pharmaceutical, optical, and medical device manufacturers, such as Alcon (Fort Worth) and Essilor of America (Dallas). The region has shown enormous capacity to attract major players in the industry like McKesson, as well as generating home grown successes, such as Peloton Therapeutics. Medical equipment and supplies, as well as scientific research and development, are hallmarks of DFW’s life sciences industry. UT Southwestern Medical Center in Dallas is among the nation’s best in biology and biochemistry research, boasting countless clinical breakthroughs and innovations.
Making More of Life The DFW region is on the cutting edge of defining new research trends and opportunities in life sciences.
Industry
Number of Advanced ServicesBusinesses Businesses Number of Life Sciences Industry 11
7 60
15760
Establishments
Avg. Employment
Basic Chemical Manufacturing
65
2,151
Pharmaceutical and Medicine Manufacturing
65
5,015
Medical Equipment and Supplies Manufacturing
241
6,181
Scientific Research and Development Services
392
5,491
Medical Laboratories
247
6,173
Diagnostic Imaging Centers Total
238
3,230
1,248
28,241
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Legend: Occupation Jobs | Median hourly earnings
108
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Bioengineers and Biomedical Engineers 466 | $42.89
Chemical Engineers 560 | $55.72
Medical Scientists, Except Epidemiologists 1,922 | $31.34
Chemists 1,042 | $34.71
2022
Brain Research, Neurology, and Neurosurgery n 7 institutes and centers are focused on brain research in DFW. n UT Southwestern ranked 19th in neurology and neurosurgery, and Children’s Medical Center and Cook Children’s ranked 18th and 29th, respectively, in the pediatric specialty (2021-22 U.S. News & World Report). Cancer Research n Cancer Prevention & Research Institute of Texas (CPRIT) has awarded more than $730M to DFW institutions since 2009 to spur cancer research innovation and commercialization and to increase access to prevention programs and services. n The Texas Center for Proton Therapy opened in Irving in 2016; only 40 such centers are operating across the U.S. n Mary Crowley Cancer Research Center located at Medical City Dallas Hospital is one of the world’s largest gene therapy investigative facilities. n UT Southwestern’s Harold C. Simmons Cancer Center earned a National Cancer Institute (NCI) designation, bestowed upon top-tier cancer centers nationwide. n Baylor University Medical Center’s T. Boone Pickens Cancer Hospital is the first dedicated cancer hospital in North Texas and the second in the state. Children’s Care n The Texas Scottish Rite Hospital Spinal System developed in Dallas in 1986 is the most preferred treatment in the world for spinal deformity. n Children’s Health in Dallas home to the only National Cancer Institutedesignated cancer center in North Texas.
n Children’s Medical Center DallasTexas Scottish Rite Hospital ranked 3rd in the country for Pediatric Orthopedics, 7th for Gastroenterology & GI Surgery and 10th for Cardiology & Heart Surgery (2021-22 U.S. News and World Report).
Sample of Life Sciences Companies in Dallas-Fort Worth Abbott Laboratories
Med Fusion, LLC
Abeona Therapeutics
Medtronic
Alcon
Mentor Texas L.P.
AmerisourceBergen Drug Corporation
Metroplex Clinical Research Center
n The Texas A&M College of Dentistry is a nationally recognized center for oral health sciences education, research, specialized patient care, and continuing dental education. Wellness
Argon Medical Devices
Natural Like Dental Lab Inc.
n The Cooper Center Longitudinal Study is one of the most highly referenced databases on physical fitness and health in the world.
Bio-Synthesis Inc
UT Southwestern
Caris Life Sciences
Dental Research
n UT Southwestern Medical Center ranks among the top academic medical centers in the world, training nearly 3,700 students, residents, and postdoctoral fellows each year. n UT Southwestern claims six Nobel Prize recipients; 25 members of the National Academy of Sciences; and receives an average over $500M in National Institutes of Health (NIH) and other federal funding annually. Regional Partnerships n Major participants/competitors in the sector collaborate in many ways including the DFW Hospital Council, Health Industry Council, and the DRC Health Care Task Force. n BioLabs at Pegasus Park will provide state-of-the-art coworking lab and office facilities to promote collaboration and entrepreneurial support for biotech innovators.
Atrion Corporation B. Braun Medical Benchmark Research BioLabs Biomat USA Bledsoe Brace Systems Boval BioSolutions Cardinal Health Inc Carter Bloodcare Ceutical Labs CoorsTek Medical Covance DFB Pharmaceuticals DJO Global E4D Essilor of America
Nurse Assist, Inc. Nuvectra Corp OraMetrix Inc. Orano Med Orthofix OsteoMed Pathologists Bio Medical Lab Peloton Therapeutics Plexon Inc Prestige Ameritech, Ltd. Progressive Laboratories Quest Diagnostics Incorporated Quest Medical Inc. RBC Life Sciences Inc. Reata Pharmaceuticals
Galderma Laboratories
Retractable Technologies, Inc.
GaltNeedleTech
Schryver Medical
GlaxoSmithKline
Smith & Nephew
Gradalis
Sovereign Pharmaceuticals
Grifols Hanger, Inc. Humanetics II Ltd Health Wildcatters Inform Diagnostics Input Hearing Systems Integer Holdings Luxottica Mary Crowley Cancer Research
INDUSTRY | LIFE SCIENCES
Core Strengths
St. Jude Medical Neuromodulation Strukmyer Stryker Orthopaedics Talecris Plasma Resources Taysha Gene Therapies Texas Oncology TissueGen
Cancer Prevention & Research Institute of North 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.
Environmental Scientists and Specialists, Including Health 1,056 | $35.20 2022
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.
Pharmacists 7,016 | $59.05
Diagnostic Medical Sonographers 1,487 | $35.98
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.
Pharmacy Technicians 11,530 | $17.79
Ophthalmic Laboratory Technicians 1,541 | $16.62
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
109
INDUSTRY | AVIATION AND AEROSPACE
Aviation and Aerospace Dallas-Fort Worth is among the nation’s top regions for aviation and aerospace activity. The region is home to the headquarters of two major airlines: American Airlines (Fort Worth) and Southwest Airlines (Dallas). Southwest operates a major maintenance base at Dallas Love Field, creating a strong foundation for aviation employment. Envoy Air, a regional jet operator and American Airlines partner, is headquartered in Irving, as well. The regional aerospace industry comprises more than 600 companies, accounting for more than 90,000 jobs in North Texas. Lockheed Martin and Bell Helicopter are the largest area aerospace employers with more than 15,000 employees between them. Furthermore, Airbus Helicopters North American headquarters is in Grand Prairie.
Dallas-Fort Worth Is No. 1 in Aerospace in the U.S. —Conway, World’s Most Competitive Cities
Aviation-Aerospace Employment Clusters
Number of Aviation Aerospace Employees
Number of Advanced Services Businesses
Numberofof Advanced Services Businesses Number Aviation - Aerospace Businesses
1 10,300 1 60 760
11
5 60
15760
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Legend: Occupation Jobs | Median hourly earnings
110
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Aerospace Engineers 3,153 | $63.02
Electrical Engineers 3,413 | $48.56
Electronics Engineers, Except Computer 5,006 | $60.51
Mechanical Engineers 6,713 | $45.28
2022
Company Type of Business A.E. Petsche Company. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 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 Group. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Ameriflight . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air transportation, nonscheduled AMR Eagle / Envoy Air. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Atlantic Aviation Corporation. . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft maintenance and repair services Aviall Inc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts BAE Information & Electronic Systems Integration. . . . . . . . Flight instruments and guidance systems Bell Helicopter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment, nec Bell Textron. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft Boeing Global Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft servicing and repairing Bombardier Aerospace Corp . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft servicing and repairing CAE Simuflite. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation school CHC Helicopters. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Helicopter carriers, nonscheduled Collins Aerospace. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Search and navigation equipment Cooperative Industries Aerospace & Defense. . . . . . . . . . . . Harness assemblies, for electronic use Dallas Airmotive. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft and heavy equipment repair services EFW Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Search and navigation equipment FAA - Southwest Region. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air traffic control operations, government Federal Express. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air cargo carrier, scheduled GDC Technics. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment, nec General Dynamics Ordnance and Tactical Systems. . . . . . Guided missile and space vehicle parts, R&D Gulfstream Aerospace Corporation . . . . . . . . . . . . . . . . . . . . Aircraft HM Dunnair Aerosystems. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts Honeywell International, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft engines and engine parts Huntleigh USA. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airport terminal services JetSuite. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation and Public Utilities L3 Integrated Systems. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft control systems, electronic Lockheed Martin Missles & Fire Control. . . . . . . . . . . . . . . . . Search and navigation equipment Mayday Manufacturing Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment, nec Menzies Aviation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Airports, flying fields, and services Northrop Grumman Innovation Systems. . . . . . . . . . . . . . . . Aircraft parts and equipment, nec Pratt & Whitney . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation propeller and blade repair Raytheon Technologies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Defense systems and equipment Recaro Aircraft Seating Americas . . . . . . . . . . . . . . . . . . . . . . Aircraft parts and equipment, nec Safran Helicopter Engines USA . . . . . . . . . . . . . . . . . . . . . . . . Engine repair and replacement, non-automotive Sikorsky Aircraft Corporation. . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft Southwest Airlines. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Air passenger carrier, scheduled Texas Air Composites, Inc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Maintenance & repair services Triumph Aerostructures, LLC . . . . . . . . . . . . . . . . . . . . . . . . . . Aircraft
Industry
Establishments
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
4,772
115
32,775
Air Transportation
144
39,943
Support Activities for Air Transportation
278
11,918
Satellite Telecommunications
10
61
Flight Training
51
1,878
619
91,347
Total
Aerospace Engineering and Operations Technologists and Technicians 700 | $35.54 2022
Avg. Employment
21
Aerospace Product and Parts Manufacturing
Aircraft Mechanics and Service Technicians 7,706 | $37.11
Aircraft Structure, Surfaces, Rigging, and Systems Assemblers 2,870 | $27.90
Miscellaneous Assemblers and Fabricators 28,573 | $14.44
INDUSTRY | AVIATION AND AEROSPACE
Major Aerospace Companies
Machinists 6,356 | $21.23
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
111
INDUSTRY | HOSPITALITY
Hospitality
Major Annual Events by Attendance (2021)
The Dallas-Fort Worth region has a robust hospitality industry presence that can handle meeting and convention events of all sizes and types, whether an annual meeting for a major national association or a short-lead executive board meeting requiring the utmost security and service. The market includes a large base of hotel facilities, ranging from budget to luxury within 15 minutes of Dallas Fort Worth International Airport. This helps make the region a convenient destination for meetings that require travel from points throughout the United States. Central business districts in Dallas and Fort Worth are half an hour from Dallas Fort Worth International Airport, while downtown Dallas is just 10 minutes away from Dallas Love Field. Both Dallas and Fort Worth— as well as the surrounding suburbs—offer major convention facilities with flexible space, along with robust entertainment and lodging amenities at a wide range of price points.
Event
Est/Avg Attendance
State Fair of Texas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,202,689 Addison Kaboom Town . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500,000 Grapefest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 261,000 Scarborough Renaissance Festival . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000 Dallas Blooms. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115,000 Dr Pepper Dallas Cup. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100,000 Red River Showdown. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97,282 Goodyear Cotton Bowl Classic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 76,313 Big 12 Conference Football Championship . . . . . . . . . . . . . . . . . . . . . . . . . . 65,771 BMW Dallas Marathon. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 Mexican National Team US Tour. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44,892 Fan Expo Dallas Comic Con. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,898 Lone Star Classic (volleyball). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,357 AT&T Byron Nelson . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 Addison Oktoberfest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32,174 Dallas Dia de los Muertos parade. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30,000
Top-Ranked Hotels and Resorts Canvas Hotel Dallas Marriott City Center Fairmont Dallas Four Seasons Resort Dallas @ Las Colinas Gaylord Texan Resort & Convention Center Grand Hyatt DFW Great Wolf Lodge Grapevine Guild Victory Park HALL Arts Hotel Dallas, Curio Collection by Hilton Hilton Anatole Hilton Dallas Lincoln Centre Hilton Dallas Plano Granite Park Hilton DFW Lakes Executive Conference Center Hotel Crescent Court Hotel St. Germain Hotel ZaZa Dallas Hyatt Regency Dallas Hyatt Regency DFW
Hyatt Regency North Dallas InterContinental Hotel Dallas Le Meridien Dallas By The Galleria Le Meridien The Stoneleigh Magnolia Dallas Downtown Marriott Dallas Addison Quorum By The Galleria Marriott Dallas Plano @ Legacy Town Center Omni Dallas Hotel Omni Dallas Hotel Park West Omni Fort Worth Hotel Omni Mandalay Hotel @ Las Colinas Renaissance Dallas @ Plano Legacy West Hotel Renaissance Dallas Hotel Renaissance Dallas Richardson Hotel Ritz-Carlton Dallas Rosewood Mansion on Turtle Creek
Sheraton Dallas Texican Court, by Valencia Hotel Group The Adolphus, Autograph Collection The Ashton The Highland Dallas, Curio Collection by Hilton The Joule The Statler Hotel Dallas, Curio Collection by Hilton The Worthington Renaissance Fort Worth Hotel Thompson Dallas W Dallas - Victory Warwick Melrose Hotel Dallas Westin Dallas Downtown Westin Dallas Fort Worth Airport Westin Dallas Park Central Westin Galleria Dallas Westin Irving Convention Center @ Las Colinas
2021 IWLCA (LaCrosse) Presidents Cup. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14,599 2021 MLS NEXT National Tournament. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,544
Recent Major Events by Economic Impact (2021) Event
Direct Spending
Red River Showdown. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $50,815,243 2021 CONCACAF Gold Cup Group Stage . . . . . . . . . . . . . . . . . . . . . . $35,998,021 Big 12 Conference Football Championship . . . . . . . . . . . . . . . . . . . . . $33,162,521 Total Home & Gift Market Jan 2021 . . . . . . . . . . . . . . . . . . . . . . . . . . . . $22,375,277 Total Home & Gift Market June 2021. . . . . . . . . . . . . . . . . . . . . . . . . . . . $22,311,913 PRCA National Finals Rodeo 2020. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20,194,722 2021 MLS NEXT National Tournament. . . . . . . . . . . . . . . . . . . . . . . . . . $19,762,328 Lone Star Classic. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $18,720,836 2021 IWLCA Presidents Cup . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,265,952 BMW Dallas Marathon. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,096,061 Academy Sports + Outdoors Bassmaster Classic June 2021. . . . . . $13,442,368 National Business Aviation Association. . . . . . . . . . . . . . . . . . . . . . . . . . $3,372,228 2020 Armed Forces Bowl. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,669,810 2021 USA Wrestling Olympic Team Trials. . . . . . . . . . . . . . . . . . . . . . . . $2,352,969
Legend: Occupation Jobs | Median hourly earnings
112
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
General and Operations Managers 70,680 | $50.66
Marketing Managers 7,393 | $68.92
Sales Managers 12,706 | $66.52
Food Service Managers 6,751 | $25.35
2022
INDUSTRY | HOSPITALITY
DFW Is the Most Visited Metropolitan Area in Texas.
15
16
More than 305,000 people are employed in the hospitality industry in the DFW area, among thousands of employers.
13
19
12 10
4
20
18 17 7 6 8 11 3 1
2
9
Industry
14
5
Establishments Avg. Employment
Accommodation and Food Services
15,589
Meeting and Exhibition Facilities 1 2 3 4 5 6 7 8 9 10 11
The Kay Bailey Hutchison Convention Center Hilton Anatole Hotel Music Hall at Fair Park Gaylord Texan Resort and Convention Center Fort Worth Convention Center Sheraton Dallas Hotel Dallas Market Hall Hyatt Regency Dallas at Reunion Will Rogers Memorial Center InterContinental Dallas Omni Dallas Hotel
305,093
Number of Advanced Services Businesses Number of Hospitality Businesses 11
40 60
216760
Other Civic and Convention Sites 12 13 14 15 16 17 18 19 20
Addison Conference Centre Credit Union of Texas Event Center Arlington Convention Center Denton Civic Center Frisco Convention Center Hurst Conference Center Irving Convention Center at Las Colinas Plano Convention Center Richardson Civic Center
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Chefs and Head Cooks 2,347 | $26.13
2022
First-Line Supervisors of Food Preparation and Serving Workers 23,829 | $15.86
Customer Service Representatives 100,360 | $17.88
Hotel, Motel, and Resort Desk Clerks 5,590 | $11.96
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
113
INDUSTRY | LOGISTICS
Logistics Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short and long-haul truck transportation. The entire region functions as a global inland port, with Dallas Fort Worth International Airport and Fort Worth Alliance Airport capable of large-scale cargo operations. The region also offers phenomenal rail transportation. Fort Worth-headquartered BNSF Railway has an extensive hub system throughout North Texas. Union Pacific operates the Dallas Intermodal Terminal in southern Dallas County, moving goods and services throughout North Texas and beyond. The confluence of three major interstates (30, 35, and 45), as well as I-20 and many state highways, offer distributors efficient routing options for moving products throughout the central part of the U.S. by truck. Carriers can reach up to 93 percent of the U.S. population within 48 hours, while I-35—the USMCA Corridor—provides a direct connection to Canada and Mexico.
Incentives 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 a FTZ designation on an expedited and simplified basis. On-airport and company-specific FTZ’s sponsored by DFW Airport include: BMW, Mouser Electronics, Dallas Cowboys Merchandising, Samsung, Sanden, Fossil Partners, Safran Helicopter Engines, Dal-Tile, Katoen Natie DIT, FedEx, 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 AllianceTexas Global Logistics Hub The 9,600-acre Alliance Global Logistics Hub is the nation’s premier inland port, offering multimodal transportation options, economic advantages, and supply chain services.
BNSF Intermodal Yard
n Fort Worth Alliance Airport (AFW)—A 100% industrial airport
Fort Worth Alliance
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) Fort Worth Meacham International
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
Centennial Yard
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
Legend: Occupation Jobs | Median hourly earnings
114
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Transportation, Storage, and Distribution Managers 4,853 | $46.01
Shipping, Receiving, and Inventory Clerks 25,495 | $16.41
Miscellaneous Assemblers and Fabricators 28,573 | $14.44
Inspectors, Testers, Sorters, Samplers, and Weighers 15,095 | $18.29
2022
INDUSTRY | LOGISTICS
McKinney National Airport
Kansas City Southern Wylie Rail Yard
Addison Airport
Dallas Fort Worth International Airport
Kansas City Southern Garland Rail Yard
Dallas Love Field
Union Pacific Rail Yard Union Pacific Rail Yard -GM
Union Pacific Miller Intermodal Facility
Southern Dallas County Inland Port The southern Dallas County inland port region encompasses 7,500 acres and 5 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
Union Pacific Dallas Intermodal Terminal
n Large acreage sites for manufacturing and distribution n Heavy redundant electricity n Lancaster Airport (306 acres, general aviation)
Lancaster Regional Airport
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. 039) and Triple Freeport availability
Railport
Union Pacific Rail Yard
n More than 25M sq. ft. of occupied or built-to-suit warehouse, industrial, distribution, and manufacturing space; announced or built space totals 36M sq. ft. and over 8,000 acres
Source: EMSI, QCEW Employees, Non-QCEW Employees, and Self-Employed
Heavy and TractorTrailer Truck Drivers 66,193 | $23.23
2022
Light Truck Drivers 26,745 | $18.76
Industrial Truck and Tractor Operators 27,716 | $17.25
Laborers and Freight, Stock, and Material Movers, Hand 80,831 | $14.92
Packers and Packagers, Hand 12,028 | $12.47
Stockers and Order Fillers 64,613 | $14.58
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
115
135,000 SF Class A Office/Retail & Public Park
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Future 250,000 SF Class A Office
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Business & Economy
Photo: Michael Samples
Major Companies and Headquarters Top Employers Fortune 1000 Major Headquarter Relocations Recent Expansions and Relocations Small Business International Companies Global Trade
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
117
BUSINESS & ECONOMY | MAJOR COMPANIES AND HEADQUARTERS
Major Companies and Headquarters The Dallas-Fort Worth region is a magnet for corporate headquarters and major company operations, attracting 22 Fortune 500 company headquarters as of 2021 (AECOM will be added to the list for 2022) and 45 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, and 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 industry leaders, telecommunications, logistics, and finance 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.
118
A Critical Mass of Headquarters and Significant Operations Construction
AECOM Andres Construction Services Austin Industries Balfour Beatty Beck Group Brandt Builders Firstsource Centex Corporation D.R. Horton Eagle Materials Fluor Corporation Green Brick Partners Hill & Wilkinson Invitation Homes Lehigh Hanson Company McCarthy Building Companies MEDCO Construction PLH Group Primoris Services SRS Distribution TDIndustries Turner Construction U.S. Concrete
Energy
Atmos Energy Corporation Basic Energy Services Bass Enterprises Comstock Resources Delek US Holdings Denbury Resources Energy Transfer EnLink Midstream Partner Exxon Mobil Corporation FTS International Halliburton HollyFrontier Hunt Consolidated
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Luminant Matador Resources Oncor Pioneer Natural Resources Range Resources Reliant, an NRG Company TXU Vistra Energy
Education & Health Care
Abbott Laboratories AMN Healthcare Axxess Baylor Scott & White Blue Cross Blue Shield of Texas CareNow Children’s Health CHRISTUS Health CIGNA Healthcare Conifer Health Solutions Cook Children’s Health Care System Dallas College Golden Living HMS Holdings McKesson Medical City Healthcare Methodist Health System Parkland Hospital Tarrant County College Tenet Healthcare Texas Health Resources UnitedHealthcare University of North Texas System UT Arlington UT Dallas UT Southwestern Medical Center
Leisure & Hospitality
American Airlines Center Arcis Golf AT&T Stadium Brinker International CEC Entertainment Cinemark Holdings Cinépolis ClubCorp Holdings CorePoint Lodging Dave & Buster’s Del Frisco’s Restaurant Group Fiesta Restaurant Group Hilton Hotels.com La Madeleine Lone Star Park LSG Sky Chefs USA Pei Wei Pizza Hut Six Flags Entertainment 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 Celanese Corporation Cisco Systems Coca-Cola Southwest Beverages 2022
2022
Valhi Williamson-Dickie
Financial Activities
AAA Texas Alkami Technology Allstate Amegy Bank Bank of America Bank of Texas BBVA Billingsley Company Capital One Bank CBRE Group, Inc. Charles Schwab Citi Comerica Bank CyrusOne Digital Realty Federal Reserve Bank of Dallas Fidelity Investments Frost Bank Globe Life GM Financial Goldman Sachs & Co Hillwood Development Company HUB International JLL JPMorgan Chase Liberty Mutual Moneygram International Mr. Cooper Group Options Clearing Corporation ORIX USA Santander Consumer USA Silicon Valley Bank State Farm Insurance TD Ameritrade Texas Capital Bank TIAA Toyota Financial Services Trammell Crow Company Truist Bank
USAA Veritex Holdings Wells Fargo Zillow
Professional & Business Services
Accenture AT&T Atos Boston Consulting Group Corgan CROSSMARK Deloitte DXC Technology Ernst & Young FedEX Office Freeman Company Google HKS IBM Corporation Intuit Jacobs Engineering Group KPMG McAfee McKinsey & Company Microsoft Corporation NTT Data PwC RealPage Ryan Salesforce Sammons Enterprises Thomson Reuters Thryv T-Mobile Tyler Technologies Verizon Wireless Weaver
American Airlines Group Andrews Distributing Company At Home Group Ben E. Keith Company BNSF Railway Boeing Container Store Group Copart Core-Mark Dallas Love Field DFW International Airport FedEx Furniture Marketing Group Gamestop Greyhound Lines HOLT CAT J.C. Penney Match Group McLaren Michaels Companies MV Transportation NEC Corporation of America Neiman Marcus Group Pier 1 Rent-A-Center Republic National Distributing Company Sabre Corporation Sewell Automotive Companies Southern Glazer’s Wine & Spirits Southwest Airlines Target The Kroger Co. Trinity Industries Tuesday Morning Uber Technologies Union Pacific UPS Waymo
BUSINESS & ECONOMY | MAJOR COMPANIES AND HEADQUARTERS
Commercial Metals Dal-Tile Corporation Darling Ingredients Diodes Inc Encore Wire Corp Ericsson Essilor Farmer Brothers Flowserve Corporation Fossil Group Frito-Lay North America Fujitsu Network Communications General Motors Gulfstream Aerospace Corporation Hilti North America Huawei Technologies USA Integer Holdings Interceramic Interstate Battery Justin Brands Keurig Dr Pepper Kimberly-Clark Kubota L-3Harris Technologies Lennox International Lockheed Martin Mary Kay NCH Corporation Nokia North America Overhead Door 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 Triumph Aerostructures
Trade & Transportation 7-Eleven Alaska Airlines Amazon
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
119
BUSINESS & ECONOMY | TOP EMPLOYERS
Top Employers Major employers are exceptionally influential in 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 American Airlines Group
Trade & Transportation Trade & Transportation
2,500-4,999 Employees amazon.com
Alcon Laboratories
Manufacturing
alcon.com
aa.com
Allstate
Financial Activities
allstate.com
Bell Helicopter
Manufacturing
bellflight.com
Education & Health Care
bcbstx.com
AT&T
Professional & Business Services
att.com
Bank of America
Financial Activities
bankofamerica.com
Blue Cross Blue Shield of Texas
Baylor Scott & White
Education & Health Care
bswhealth.com
BNSF Railway
Trade & Transportation
bnsf.com
JPMorgan Chase
Financial Activities
chase.com
Capital One Bank
Financial Activities
capitaloneauto.com
Kroger
Trade & Transportation
kroger.com
Centex Corporation
Construction
centex.com
Lockheed Martin
Manufacturing
lockheedmartin.com
Charles Schwab
Financial Activities
schwab.com
Medical City Healthcare
Education & Health Care
medicalcityhealthcare.com
Citigroup
Financial Activities
citigroup.com
Naval Air Station
Government
cnic.navy.mil
CVS
Trade & Transportation
cvs.com
Parkland Hospital
Education & Health Care
parklandhospital.com
Southwest Airlines
southwest.com
Deloitte
deloitte.com
Trade & Transportation
Professional & Business Services
Texas Health Resources
texashealth.org
Dillard's
Trade & Transportation
Education & Health Care
dillards.com
Texas Instruments
ti.com
Manufacturing
Manufacturing
Ericsson
ericsson.com/us
UPS
Trade & Transportation
ups.com
Ernst & Young
Professional & Business Services
ey.com
Fannie Mae
Financial Activities
fanniemae.com
Fluor Corporation
Construction
fluor.com
US Postal Service UT Southwestern Medical Center Walmart Stores
Professional & Business Services
usps.com
Education & Health Care
utsouthwestern.edu
Frito-Lay
Manufacturing
fritolay.com
walmartstores.com
Gamestop
Trade & Transportation
gamestop.com
General Motors
Manufacturing
gm.com
GM Financial
Financial Activities
gmfinancial.com
Hilton
Leisure & Hospitality
hilton.com
Keller Williams Realty
Financial Activities
kw.com
Kohl's
Trade & Transportation
kohls.com
Macy's
Trade & Transportation
macys.com
Marriott Hotels, Resorts & Suites
Leisure & Hospitality
marriott.com
Michaels Companies
Trade & Transportation
michaels.com
Neiman Marcus Group
Trade & Transportation
neimanmarcus.com
Peterbilt Motors
Manufacturing
peterbilt.com
Pizza Hut
Leisure & Hospitality
pizzahut.com
Poly-America
Manufacturing
poly-america.com
Sabre Corporation
Trade & Transportation
sabre.com
Sally Beauty Holdings
Manufacturing
sallybeautyholdings.com
Stevens Transport
Trade & Transportation
stevenstransport.com
Trade & Transportation
5,000-9,999 Employees
120
Army & Air Force Exchange Service
Government
Children's Health
Education & Health Care
Cook Children's Health Care System
Education & Health Care
cookchildrens.org
Dallas College
Education & Health Care
dallascollege.edu
FedEx
Trade & Transportation
fedex.com
Fidelity Investments
Financial Activities
fidelity.com
Home Depot
Trade & Transportation
homedepot.com
J.C. Penney
Trade & Transportation
L3Harris Technologies
Manufacturing
Lowe's Companies
Trade & Transportation
McAfee
Professional & Business Services
mcafee.com
Methodist Health System
Education & Health Care
methodisthealthsystem.org
Supreme Lending
Financial Activities
supremelending.com
PepsiCo
Manufacturing
pepsico.com
Tarrant County College
Education & Health Care
tccd.edu
Raytheon Technologies
Manufacturing
rtx.com
TDIndustries
Construction
tdindustries.com
State Farm Insurance
Financial Activities
statefarm.com
Toyota North America
Manufacturing
toyota.com/usa
Target
Trade & Transportation
target.com
Tom Thumb
Trade & Transportation
tomthumb.com
University of Texas at Arlington
Education & Health Care
utarlington.edu
University of North Texas System
Education & Health Care
unt.edu
University of Texas at Dallas
Education & Health Care
utdallas.edu
Verizon Communications
Professional & Business Services
verizon.com
VA North Texas Health Care System
Education & Health Care
northtexas.va.gov
Walgreens
Trade & Transportation
walgreens.com
aafes.com childrens.com
jcpenney.com l3harris.com lowes.com
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
1,000-1,499 Employees
7-Eleven
Trade & Transportation
7-eleven.com
AAA Texas LLC
Financial Activities
texas.aaa.com
Abbott Laboratories
Education & Health Care
abbott.com
American Airlines Center
Leisure & Hospitality
americanairlinescenter.com
Accenture
Professional & Business Services
accenture.com
Trade & Transportation
andrewsdistributing.com
American Heart Association
Andrews Distributing Company
Education & Health Care
heart.org
Brinks Home Security
Professional & Business Services
brinkshome.com
AmerisourceBergen
Education & Health Care
absg.com
Dallas Morning News
Information
dallasnews.com
Ben E Keith Company
Trade & Transportation
benekeith.com
CHRISTUS Health
Education & Health Care
christushealth.org
Don Miguel Mexican Foods
Manufacturing
donmiguel.com
Cisco Systems
Manufacturing
cisco.com
DXC Technology
Professional & Business Services
dxc.technology
Collin College
Education & Health Care
collin.edu
Manufacturing
encorewire.com
Conifer Health Solutions
Professional & Business Services
Encore Wire Corp
coniferhealth.com
FDIC
Financial Activities
fdic.gov
CoreLogic
Professional & Business Services
corelogic.com
Financial Activities
dallasfed.org
Dal-Tile
Manufacturing
daltile.com
Federal Reserve Bank of Dallas
DFW International Airport
Trade & Transportation
dfwairport.com
Freeman Company
Professional & Business Services
freeman.com
Dialog Direct
Professional & Business Services
dialog-direct.com
Fujitsu Network Communications
Manufacturing
fujitsu.com.us
Ebby Halliday
Financial Activities
ebby.com
GEICO
Financial Activities
geico.com
Fossil Group
Manufacturing
fossilgroup.com
Goldman Sachs & Co.
Financial Activities
goldmansachs.com
Gaylord Texan
Leisure & Hospitality
gaylordtexan.com
Energy
Globe Life
halliburton.com
Financial Activities
globelifeinsurance.com
Halliburton
hms.com
Leisure & Hospitality
greatwolf.com
HMS Holdings
Education & Health Care
Great Wolf Lodge IBM
Professional & Business Services
ibm.com
Hunt Regional Medical Center
Education & Health Care
huntregional.org
JPS Health Network
Education & Health Care
jpshealthnet.org
Kindred Healthcare
Education & Health Care
kindredhealthcare.com
keurigdrpepper.com
Lennox International
Manufacturing
lennoxinternational.com
Liberty Mutual
Financial Activities
libertymutual.com
Metroplex SportService
Leisure & Hospitality
txbaseball.com
Mr Cooper
Financial Activities
mrcooper.com
Keurig Dr Pepper KPMG
Manufacturing Professional & Business Services
kpmg.com/us
Lincoln Property Company
Professional & Business Services
lpc.com
Mary Kay
Manufacturing
marykay.com
Parks Coffee
Trade & Transportation
parkscoffee.com
McKesson
Education & Health Care
mckesson.com
Professional & Business Services
Energy
pxd.com
Microsoft
microsoft.com
Pioneer Natural Resources
Mouser Electronics Inc
mouser.com
Qorvo
Manufacturing
Trade & Transportation
qorvo.com
Nebraska Furniture Mart of Texas
Reddy Ice
Manufacturing
reddyice.com
Trade & Transportation
nfm.com
Trade & Transportation
rndc-usa.com
Nokia North America
Manufacturing
nokia.com
Republic National Distributing Company
Nordstrom
Trade & Transportation
nordstrom.com
Southern Glazer's Wine & Spirits
Trade & Transportation
glazers.com
Omni Hotels
Leisure & Hospitality
omnihotels.com
SRS Distribution
Construction
srsdistribution.com
PwC
Professional & Business Services
pwc.com
Texas Woman's University
Education & Health Care
twu.edu
RealPage
Professional & Business Services
realpage.com
Thomson Reuters
Professional & Business Services
thomsonreuters.com
Safeco
Financial Activities
safeco.com
Samsung Electronics America
Thryv
Professional & Business Services
corporate.thryv.com
Manufacturing
samsung.com/us
Travelers
Financial Activities
travelers.com
Financial Activities
santanderconsumerusa. com
Trinity Industries
Trade & Transportation
trin.net
Tuesday Morning
Trade & Transportation
tuesdaymorning.com
Wabtec
Manufacturing
wabtec.com
Santander Consumer USA Siemens
Professional & Business Services
sw.siemens.com
Southern Methodist University
Education & Health Care
smu.edu
TD Ameritrade
Financial Activities
tdameritrade.com
Texas Christian University
Education & Health Care
tcu.edu
Vizient Inc
Professional & Business Services
vizientinc.com
Wells Fargo
Financial Activities
wellsfargo.com
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
BUSINESS & ECONOMY | TOP EMPLOYERS
1,500-2,499 Employees
121
BUSINESS & ECONOMY | FORTUNE 1000
Fortune 1000 Dallas-Fort Worth continues to draw Fortune and Global 500 headquarters through growth and expansion of local companies and by attracting relocations. DFW is the only region in the U.S. to host three Fortune 15 companies (Exxon Mobil, McKesson, and AT&T). These three DFW companies are also among the Global 50, second only to Beijing in number (Seattle also hosts three Global 50 companies).
World Cities With the Most Global 500 HQs (2021) Metropolitan Area
Beijing, China Tokyo, Japan New York, NY London, Britain Paris, France Seoul, South Korea Chicago, IL Hong Kong, China Shanghai, China San Jose, CA Shenzhen, China Toronto, Canada Hangzhou, China Osaka, Japan Washington, DC Zurich, Switzerland Minneapolis, MN Guangzhou, China Madrid, Spain Munich, Germany Taipei, Taiwan Charlotte, NC Dallas-Fort Worth, TX Houston, TX Moscow, Russia Mumbai, India San Francisco, CA Singapore
45 Fortune 1000 Headquarters in Dallas-Fort Worth (2021)
Companies
60 37 21 15 15 12 10 9 9 8 8 8 7 7 7 7 6 5 5 5 5 4 4 4 4 4 4 4
Grapevine / Southlake / Coppell / Westlake Core-Mark Holding Charles Schwab GameStop Mr. Cooper AMN Healthcare
25 70 80 81 101 103 107 113 127 164 178 217 220
Sally Beauty
#224 # 251 #521 #792 #862
3
#668
35W
Irving McKesson* Exxon Mobil* Kimberly-Clark Fluor Vistra Energy Pioneer Natural Resources Celanese Commercial Metals Michaels Cos. Nexstar Media Group Flowserve Darling Ingredients
#7 #10 #158 #196 #274 #428 #477 #492 #506 #576 #643 #660
820
360
20
Forbes Top Private Companies (2021) Rank
Denton
Company
City
Republic National Distributing Company Sammons Enterprises SRS Distribution Michael’s Companies Neiman Marcus Group Consolidated Electric Distributors Ben E Keith Hunt Consolidated/Hunt Oil Transplace Mary Kay Golden Living Austin Industries Mode Transportation
Grand Prairie Dallas McKinney Irving Dallas Irving Fort Worth Dallas Frisco Addison Plano Dallas Dallas
Fort Worth American Airlines Group Range Resources
#174 #966
Arlington D.R. Horton
#148
35W
* Fortune Global 500 Companies + Announced in 2021 Source: DRC Research; Fortune Magazine; Forbes Magazine.
122
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
(2021)
McKinney Globe Life
53
#544
California
Plano 75
35E
Yum China Holdings Rent-A-Center
#363 #780
53
New York
Richardson
121
Lennox International
#653
49
Dallas-LBJ Corridor Tenet Healthcare AECOM+ Texas Instruments Brinker International Atmos Energy Copart Valhi
190
Texas
#167 #189 #210 #736 #778 #910 #989
38 Illinois
25
North Dallas 30
635 183
0
Match Group Hilltop Holdings
Ohio
#864 #895
24
Dallas Love Field 30
Southwest Airlines
12
Downtown Dallas (CBD & Uptown)
AT&T* Energy Transfer* CBRE Jacobs HollyFrontier 67 Builders FirstSource EnLink Midstream Primoris Services 35E Comerica Trinity Industries Arcosa
#11 #81 #122 #225 #279 #350 #630 #673 #729 #955 #975
#336
Pennsylvania
U.S. Metropolitan Areas with the Most Fortune 500 Headquarters
20
175
(2021 and change from 2020)
MinneapolisSt. PaulBloomington, MN-WI
16 (+1)
San FranciscoOaklandBerkeley, CA
DenverAuroraLakewood, CO
18 (-1)
45
San JoseSunnyvaleSanta Clara, CA
19 (—)
10 (-1) Los AngelesLong BeachAnaheim, CA
12 (—)
DetroitWarrenDearborn, MI
10
New York-NewarkJersey City, NY-NJ-PA
PhiladelphiaCamdenWilmington, PA-NJ-DE-MD
63 (-2)
13 (—)
Chicago-NapervilleElgin, IL-IN-WI
Dallas-Fort WorthArlington, TX
22 (-2)
Boston-CambridgeNewton, MA-NH
36 (+1)
AtlantaSandy SpringsAlpharetta, GA
16 (—)
HoustonThe WoodlandsSugar Land, TX
23 (+1)
2022
BUSINESS & ECONOMY | FORTUNE 1000
States with the Most Fortune 500 Headquarters
15 (+1) WashingtonArlingtonAlexandria, DC-VA-MD-WV
17 (—)
Miami-Fort LauderdalePompano Beach, FL
10 (+3)
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
123
BUSINESS & ECONOMY | MAJOR HEADQUARTER RELOCATIONS
Major Headquarter Relocations The Dallas-Fort Worth region is regularly identified as one of the nation’s top markets for new and expanded corporate facilities. Dallas-Fort Worth attracts a broad spectrum of companies. Past relocations to the region include headquarters moves for Fortune 500 and Forbes Top Private companies such as Golden Living, Fluor, Comerica, and AT&T. These companies are more recently joined by wellknown industry leaders like Toyota, McKesson, AECOM, Jacobs, and CBRE. During the same period, companies including Amazon, Bed, Bath & Beyond, BMW, Galderma, and General Motors have expanded into distribution, logistics, and manufacturing centers. Meanwhile, corporations including 7-Eleven, American Airlines, Liberty Mutual, State Farm, FedEx, and Pioneer Natural Resources have expanded into new corporate office space.
California Acacia Research Group LLC Active Network, LLC AECOM Ameriflight, LLC Ariat C & S Propeller LLC CBRE Group Channell Commercial Corp Charles Schwab Corp Ciao Telecom, Inc. Consolidated Electrical Distributors, Inc. Copart, Inc. Core-Mark International, Inc. Daegis Inc. Dealersocket, Inc. DJO Global, Inc. Farmer Bros. Co. Finical, Inc Fonality, Inc. Glenmount Global Solutions, Inc. Gordon Ramsey North America Ironclad Performance Wear Corporation Jacobs Engineering Group Inc
Sample of Headquarter Relocations to Dallas-Fort Worth, 2010-2021 Washington Blucora Northwest Hardwoods
Minnesota MoneyGram Speed Commerce (Navarre)
Nebraska Colorado
Heartland Automotive Services
Cagney Global Logistics Team ProMark, LLC
Nevada CoreSpace
Arizona Core Construcction Pei Wei Asian Diner Spirit Realty Capital Jetsuite, Inc. KVP International Kubota Tractor Corp. Loandepot.com, LLC McKesson Corporation Monkeysports, Inc. Motorsport Aftermarket Group, Inc. MV Transportation, Inc Omnitracs, LLC Pacific Dental Services, Inc. Pacific Union Financial, LLC Panoramic Doors, LLC Primoris Services Corporation Quality Custom Distribution Raytheon Technologies Corp Rixi Recovery Service Inc. SignEasy Solera Holdings, Inc. Solid Gear, Inc. SWH Mimi’s Cafe, LLC Tearlab Corporation Toyota Industries Commercial Finance, Inc. United Scientific Group LLC Vendor Resource Management, Inc. Wiley X
Oklahoma
A
Global Power Equipment Group Inc. Hilti LinkAmerica
G
Austin Greenstream Seven Hills Commercial
San Antonio CHRISTUS Health
Houston At Home Group Inc. Inx Inc. Magnum Hunter Resources U.S. Concrete SOURCE: DRC Research
124
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
New York
Addus HomeCare Corporation BL Restaurant Operations, LLC Boeing Global Services Ferris Manufacturing Co. Neovia Logistics Services, LLC Schumacher Electric Corp Topgolf Entertainment Group
Massachusetts
Drive Shack Interger Holdings (Greatbatch) Ribbon Communications HMS Holdings Steward Health Care System LLC Imagine Communications Corp. VCE L3Harris Technologies. Signature Systems Group Six Flags Entertainment Oculus Health Taleris
New Hampshire
Michigan Warstic Bat Company
Pennsylvania
Connecticut
Sunoco LP
Ohio
Accudyne Industries iCall Inc. Powersecure, Inc. Revere Capital LLC
Paycor, Inc.
Delaware
New Jersey
Waterlogic Americas, LLC
Missouri
Cognizant Technology Solutions Corporation CVE Technology Group Digility Inc.
GKN Aerostructures*
Arkansas
Golden Living
Tennessee
Dynamic Energy Alliance
Georgia United Mobile Solutions LLC
Louisiana Smoothie King Franchises, Inc.
Alabama Zoe’s Kitchen
Other New HQ Establishments (International) Advam Pty Ltd. BackBox Baicells Technologies Co., Ltd. Basis Technology Corp. BRP Inc Chip 1 Exchange Cinepolis Luxury Cinemas Comparex USA Inc. ezyVet Ltd. F-Wave Company Ltd. GuestLogix Inc Hilti, Inc. Hisun Motors Corp., U.S.A. KT&G Corporation Kidzania, S.A.P.I. de C.V. 2022
Florida CCS Medical Fiesta Restaurant Group Firehawk Aerospace Emerald Transformer European Wax Center PGA of America Inc
Kubota Tractor Corporation Labelcraft Products Limited LeClanche SA Lone Wolf Real Estate Technologies Inc McLaren Automotive, Inc. Macquarie Infrastructure Corporation NGC Renewables, LLC Nutribiotech Co., Ltd Oki Data Americas, Inc. Smith & Nephew Trading Group Ltd. Toyota Motor North America, Inc. Trend Micro Incorporated Triathlon Battery Solutions, Inc. Zinwave Ltd.
Supporting Corporate Moves The Dallas Regional Chamber 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. But we’re not just about the cold, hard facts and the sales pitch. We continue to work with companies—and particularly employees—that decide to move here. Corporate moves often impact hundreds, even thousands, of employees and families. Those employees have lots of questions, and each family situation is different. For all major corporate relocations, the DRC offers to meet with employees and families that suddenly have the opportunity to become new Texans. We have held several “town hall” meetings with company employees around the U.S., sharing information and our experiences of living in the DallasFort Worth area. Our goal is to help the employees understand why our region is a great place to live, raise a family, and prosper. Eyes light up when we show pictures of homes with affordable prices, the arts and cultural amenities, our parks and 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, and 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.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
BUSINESS & ECONOMY | MAJOR HEADQUARTER RELOCATIONS
Illinois
125
BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS
Sample of Recent Dallas-Fort Worth Expansions and Relocations 2021 Announcements 1 MD7 LLC, mobile tech consulting firm, will relocate HQ from San Diego, CA to Allen creating 218 jobs with $6.8M in investment 2 Wallbox, global EV charging company, establishes 130K-sf high-tech production facility in Arlington creating 50 new jobs 3 Bell Helicopter announces development of 50K-sf ‘systems integration lab’ facility in Arlington creating 175 jobs 4 Hall Technologies, manufacturer of products for the audio-visual market, is moving HQ from Los Angeles area to Coppell 5 Firstsource Healthcare, India-based international health care services outsourcing firm, leased 50K sf in Coppell 6 AECOM, multinational infrastructure and Fortune 200 firm, will relocate global headquarters to Dallas from Los Angeles 7 BackBox, Israeli network management firm, will move global headquarters to Dallas from Tel Aviv 8 Drive Shack, owner of golf-related leisure and entertainment businesses, relocated executive hub to North Dallas from New York City 9 First Foundation Inc., financial services company from Irvine, CA, relocates HQ to Dallas creating 50 jobs
10 Energy Worldnet, Decaturbased asset management software company, expands adding 40 jobs and $2M in payroll 11 Diab Group, Swedish plastics materials firm, has leased 265K sf in DeSoto for U.S. HQ with a $5M upgrade to the facility 12 Wedgewood LLC, CAbased real estate company, announced plans to move HQ from Redondo Beach to DFW employing 200 13 OrangeGrid, workflowbased solutions fintech firm, will relocate CA HQ to Flower Mound 14 Old Gringo Boots, CA-based boot maker, is moving HQ to Fort Worth from San Diego occupying three-story multiuse facility 15 Schumacher Electric, global leader in automotive power conversion products, will relocate HQ to Fort Worth from Chicago area with 330K-sf facility and 100 jobs 16 SmartAction, artificial intelligence software company, is relocating HQ to Fort Worth from CA bringing 81 jobs 17 Rhino Health, the only domestic manufacturer of nitrile rubber gloves, expands in Ft. Worth with 400K-sf facility and 1,000 new jobs
18 Gatik, Palo Alto, CA-based autonomous trucking firm, will expand operations at AllianceTexas in Fort Worth with new autonomous trucking facility creating 500 new jobs 19 Northwest Hardwoods, the largest U.S. manufacturer of hardwood lumber, is moving HQ to Frisco from Tacoma, WA with 23K sf of office space 20 Wiley X, military-grade eyewear manufacturer, relocates HQ and manufacturing operation from Livermore, CA to Frisco 21 Future Foam, IA-based polyurethane foam products manufacturer, plans to spend $3M to renovate 342K-sf warehouse in Garland creating 104 jobs 22 CarParts.com, CA-based automobile parts company, expands Grand Prairie distribution center by adding 125 jobs and 156K sf 23 SiteOne Landscape Supply, GA-based wholesaler, has opened its largest distribution center at 338K sf in Hutchins 24 Coury Hospitality, leisure and hospitality design firm, will consolidate KS and OK offices in HQ move to Las Colinas 25 Gordon Ramsay, TV celebrity chef, moves company HQ from Los Angeles to Las Colinas
26 ThredUP, CA-based online resale platform, expands operations in Lancaster with $70M, 600K-sf distribution center creating 2,000 jobs 27 Waymo, autonomous driving technology development company and subsidiary of Alphabet, will establish 9-acre trucking hub in Lancaster creating hundreds of jobs 28 Retractable Technologies, the only maker of patented retractable needle syringes, announces second Little Elm manufacturing facility with $117M investment 29 Amazon announces new 219K-sf package handling facility in Mansfield 30 Raytheon Intelligence & Space announces plans to build 400K-sf factory, lab, and office space at McKinney campus generating 700 new jobs 31 SunOpta, MN company that produces plant-based foods and beverages, will build new 285K-sf facility in Midlothian creating 185 new jobs 32 ProtectAll, furniture warranty provider, is moving corporate HQ from FL to North Richland Hills bringing 100 jobs 33 Katapult, New York-based e-commerce POS platform for durable goods, relocates HQ to Plano 34 Ribbon Communications, telecommunications industry product provider, moves HQ to Plano from the Boston area
35 CarMax, Richmond, VAbased auto dealer, plans to open innovation center in Plano employing 300 36 Firehawk Aerospace, startup that produces rocket engines with 3-D printing technology, relocates from Melbourne, FL to Plano-Richardson corridor creating 20 new research jobs 37 Shell & Whitmore Reliability Solutions Joint Venture, rail and mining services company, announces HQ location in Rockwall 38 Evolve Biologics, Canadian life sciences company, will open 200K-sf plant in Sachse adding 300 jobs 39 Texas Instruments announces new 300-millimeter semiconductor wafer fabrication plant in Sherman with potential total investment of $30B and 3,000 new jobs 40 Restaurant Revolution Technologies, order management and POS integration software company, moves HQ and 34 jobs from Bellevue, WA to Southlake
2020 Announcements Company
Company
Number of Jobs Created
Company
Number of Jobs Created
50
51
Amazon
500
61
PlayPower, Inc.
600
52
Goodyear Tire & Rubber Co.
160
62
Vistra Energy
200
53
Ariat
450
63
Boise Cascade
Amazon Delivery Station
54
Incora
539
64
DSV Logistics
45
Nanoscope Technologies
55
Linear Labs/Wamar Technologies
1,200
65
UNFI
46
Han's Laser
100
56
US AutoParts
50
66
Retractable Technologies
134
47
CBRE, Inc.
520
57
Amazon
1,000
67
Sunrider Manufacturing
210
48
KeHE Distributors, LLC
575
58
Hello Fresh
1,200
68
ProtectAll
100
49
Cardinal Paint & Powder, Inc.
80
59
Neighborly
160
69
Appen Global
300
50
Lowes
150
60
PFSweb
300
70
First United Mortgage Co.
230
41
Billings Productions
42
Crawford & Co.
43
Micron Technology, Inc.
44
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
215 2,500 35 500 50
2022
Source: DRC Research
126
Number of Jobs Created
39
Sherman
50
49
BUSINESS & ECONOMY | RECENT EXPANSIONS AND RELOCATIONS
10
30
44 66 28
20 19
41 43 1 42
33
34
70
35
53 55
13
18
60 61 4 5
40 16
76
38
12 6
37
62 25
68
32 15
54
57 58
8
21
7
24
59 47
36 9
56 22
14
71 75
69
46
72
52 51
44 45
77
77 Terrell
2
3 11
17
2665 63
64 48
23
27
74 73
29
67
31
Company 71
Flexential
72
Peloton
73
Bombardier US Aerostructures
2022
Number of Jobs Created
Company
Number of Jobs Created
Company
77
74
Compass Datacenters DFW III, LLC
1,600
75
Amazon
430
802
76
Chewy
700
1836 Farms
Number of Jobs Created
50
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
127
BUSINESS & ECONOMY | SMALL BUSINESS
Small Business According to the Small Business Administration (SBA), businesses with fewer than 500 employees represented roughly 99.7 percent of all employers nationally, created 64 percent of net new private-sector jobs, and accounted for 42 percent of private payroll. In Dallas-Fort Worth, small business is a vital part of our economic success because of its entrepreneurial spirit and drive for innovation.
North Texas Small Business Development Centers An SBDC conducts research, counsels, and trains business people in managing, financing, and operating small businesses, providing comprehensive information services and access to experts in a variety of fields. Each SBDC encourages unique local efforts to meet small business needs in its area.
75% of establishments in the DFW Region have fewer than 100 employees.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
0.0%
Mining (996)
63.2%
19.9%
4.7%
12.2%
10.1%
7.9%
21.3%
2.7%
Manufacturing (5,532)
73.8% 47.2%
8.1%
2.2% 13.8%
12.5%
3.2%
16.4%
5.5%
12.3%
4.2%
8.1%
6.0%
60.1%
8.4%
6.1%
Professional, Scientific, 76.8% And Technical Services (22,562)
12.7%
2.7%
7.8%
Management Of Companies And Enterprises (1,824)
5.9%
9.6%
12.0%
72.5%
Admin, Support, Waste Mgt, Remediation Services (9,114)
58.0%
19.9%
5.0%
17.1%
Educational Services (2,316)
59.8%
26.1%
7.2%
6.9%
Health Care And Social Assistance (20,580)
58.5%
20.5%
4.0%
16.9%
Arts, Entertainment, And Recreation (2,216)
62.2%
22.0%
4.0%
11.8%
31.7%
6.0%
Information (3,348)
Real Estate, Rental, And Leasing (9,499)
Accommodation And Food Services (15,731) Other Services (Except Public Administration) (13,792)
= Total
(167,250)
53.1%
30.9%
46.9%
7.6%
Finance And Insurance (11,895)
OTHER
35.0%
20.5%
Transportation And Warehousing (4,845)
North Central Texas SBDC Serving: Cooke, Denton, and Montague Counties Hosting Agency and Satellites: North Central Texas College; Denton Chamber Satellite
130
0.0%
Retail Trade (20,501)
Navarro SBDC Serving: Ellis, Freestone, Limestone, and Navarro Counties Hosting Agency and Satellites: Navarro College; Waxahachie Satellite; Mexia Satellite; Fairfield Satellite
Large
More than 500 employees
8.9%
Wholesale Trade (9,427)
I
Medium
100-499 employees
90.3%
Construction (12,671) M
Small
10-99 employees
Forestry, Fishing, Hunting, & Agriculture Support (124)
Utilities (277)
Dallas Metropolitan SBDC Serving: Dallas County Areas Hosting Agency and Satellites: The Bill Priest Center of Dallas College, El Centro Campus
Source: North Texas SBDC Network
Fewer than 10 employees
(Total Establishments)
Collin SBDC Serving: Collin County Area Hosting Agency and Satellites: Collin College
Tarrant SBDC Serving: Tarrant County Hosting Agency and Satellites: Tarrant County College; Arlington Chamber Satellite; UTA Satellite; North Richland Hills Satellite
Micro
Industry
47.3% 54.1% 34.7% 44.0%
36.2% 71.8% 69.8%
19.9% 27.0%
18.8% 36.9% 24.0% 48.8% 41.8% 25.4%
26.0%
3.3%
5.1%
2.8%
0.3%
2022
14 4
3
10
2
4
11 1 8
3
6 7 11 10 7
5
5
2
6
12
12 13 13 9
BUSINESS & ECONOMY | SMALL BUSINESS
9 8
1
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 percentage fiscal 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.
Sources: Inc. Magazine, Deloitte
2022
Inc. 500: America’s Fastest-Growing Private Companies 13 companies in Dallas-Fort Worth made the Inc. 500 list in 2021, and a total of 158 companies were listed in the Inc. 5000. Rank 73 2 169 3 196 4 226 5 228 6 261 7 264 8 280 9 366 10 454 11 460 12 473 13 483 1
Company Pomerenke Holdings NXT Mortgage Company Noblesoft Technologies Manamis PlayMakar NexxtGen Corporation Arise Recovery Centers Shiftsmart Premier Health Solutions Napali Capital Integra Mission Critical Connect Pediatrics Zeal IT Consultants
Growth 5164% 2496% 2200% 1922% 1914% 1771% 1759% 1649% 1311% 1070% 1040% 1022% 1003%
Industry Advertising & Marketing Financial Services Software Logistics & Transportation Health Telecommunications Health Human Resources Insurance Real Estate Engineering Health IT Systems Development
City Arlington Coppell Irving Murphy Keller Irving Dallas Dallas Frisco Roanoke Dallas North Richland Hills Dallas
Deloitte Technology Fast 500 14 companies in Dallas-Fort Worth made the list in 2021. Rank
Company
Growth
1
96
Shiftsmart
1649%
2
155
Industry
City
Human Resources
Dallas
Crayon
881%
Software & SaaS
Dallas
3
157
Aligned
870%
Communications/networking
Plano
4
180
Brainvire Infotech Inc.
755%
Software & SaaS
Plano
5
203
o9 Solutions
674%
Software & SaaS
Dallas
6
305
Compass Datacenters
406%
Communications/networking
Dallas
7
323
Qentelli LLC
376%
Software & SaaS
Dallas
8
367
Alkami
318%
Software & SaaS
Plano
9
424
Apex Fintech Solutions LLC
270%
Software & SaaS
Dallas
10
443
Appspace
251%
Software & SaaS
Dallas
11
444
Zimperium
251%
Software & SaaS
Dallas
12
470
Zix Corp.
233%
Software & SaaS
Dallas
13
475
Argos Health
230%
Software & SaaS
Dallas
14
480
Newline Interactive
226%
Electronic devices/hardware
Allen
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
131
BUSINESS & ECONOMY | INTERNATIONAL COMPANIES
International Companies The Dallas-Fort Worth region is home to an impressive group of foreign-based subsidiaries, hosting North American headquarters or major operations. International corporate investment in the region reflects the strength and diversity of the DFW economy and stellar access to U.S. and global markets by ground or air, especially through Dallas Fort Worth International Airport.
Dallas-Fort Worth International Companies Sample U.S. Headquarters and International Subsidiaries in the DFW Region 7-Eleven (Japan)
Epiroc Drilling Solutions
Lehigh Hanson (Germany)
Samsung Electronics America
Accenture (Ireland)
(Sweden)
Lhoist NA (Belgium)
(South Korea)
Flex Ltd (Singapore)
LSG Group Americas (Germany)
Saputo Dairy USA (Canada)
Fujitsu America (Japan)
Luxottica Retail (Italy)
Schneider Electric (France)
Gerdau (Brazil)
Main Event Entertainment
Siemens PLM Software
GKN Aerospace (England)
(Australia)
(Germany)
Greyhound Lines (Scotland)
Maloney Technical Products
Signet Jewelers (Bermuda)
HOYA Vision Care NA (Japan)
(Costa Rica)
Smith & Nephew (England)
Huawei Technologies USA
Mitel Networks USA (Canada)
SMS Infocomm (Taiwan)
(China)
Nautilus Hyosung America
SOLiD Americas (South Korea)
Products (Canada)
Infosys (India)
(South Korea)
STMicroelectronics (Switzerland)
Bottle Rocket (England)
Interceramic (Mexico)
NTT Data (Japan)
TATA Consultancy (India)
Chippenhook Corp (El Salvador)
Jones-Blair (Denmark)
Okmetic (Finland)
Transamerica (The Netherlands)
Cinepolis USA (Mexico)
KPMG (The Netherlands)
SAFRAN Electrical & Power
Trend Micro NA (Japan)
Delta Electronics USA (Taiwan)
Kubota Tractor (Japan)
(France)
ZTE USA (China)
Alcon Laboratories (Switzerland) ANDRITZ Separation (Austria) Argos Ready Mix (Colombia) Atos NA (France) Balfour Beatty (England) BBVA Compass (Spain) Bombardier Recreational
Honorary Consuls & Consuls General Serving Dallas-Fort Worth Belgium Belize Cambodia Canada Chile Cote d’Ivoire
Denmark Ecuador El Salvador Fiji Finland France
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. Congressional re-authorization is pending.
132
Germany Guatemala Honduras Iceland Japan Korea
Malta Mexicon Monaco Morocco Netherlands Norway
Paraguay Peru Philippines Romania Sierra Leone Slovak Republic
South Africa Spain Sri Lanka Sweden Switzerland Taiwan
Tunisia United Kingdom Uruguay
EB-5 Opportunities in North Texas: CDRC | City of Dallas Regional Center cdrc.us Civitas Texas Regional Center (Additional Regional Centers operate out of this location) civitascapital.com ETRC | Encore Texas RC, LLC encore.bz
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Frisco Texas International Development Center friscotxeb5.com North Texas EB-5 Regional Center LLC ntxregionalcenter.com Texas EB-5 Regional Center/ US Freedom Capital-Texas txeb5rc.com
2022
2! !
!
Americas Asia
! !
12! !7!!!!!!6 ! !! ! ! 14 !
Australia Canada
!
!
France
! !
!
! !
Germany
!
! !!! !
Japan Other Europe
!!
United Kingdom
!
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!
BUSINESS & ECONOMY | INTERNATIONAL COMPANIES
!
Parent Company Region/Country
! !
!
! ! !
1. Nokia is a Finland-based
company which designs, develops, and builds communications networks. It supplies equipment, software, ! and related services to telecom carriers and network service providers, as well as enterprise and government customers.
2. Tetra Pak is a Swedish food
processing and packaging solutions company. Tetra Pak provides products that reach hundreds of millions of people in over 170 countries.
Source: BusinessWise; fDi Markets
3. Airbus Helicopters is a
division of Airbus Group, a global leader in aeronautics, space, and related services headquartered in France. It is the world’s leading helicopter manufacturer, providing civil and military solutions for customers who serve, protect, save lives, and safely carry passengers in highly demanding environments.
4. Sumitomo Mitsui Banking
Corporation is the second largest bank in Japan, with offices in 40 countries around the world and providing services
2022
across trade finance, project finance, real estate finance, loan servicing, and cash management. SMBC announced ! its new Dallas Representative Office in early 2018.
5. Essilor of America is a subsidiary of Paris-based Essilor International, which operates about 250 prescription laboratories that manufacture corrective lenses worldwide. The company makes and distributes optical lenses under the Airwear, Crizal, DEFINITY, Transitions and Varilux brand names, among others.
6. Hilti Corp. is a Liechtensteinbased company that develops, manufactures, and markets products for the construction, building maintenance, and mining industries, primarily to the professional end-user.
7. Elbit Systems is an Israeli high tech company and a leading global source of innovative, technological systems for defense and commercial applications.
8. GRUMA is the world’s largest manufacturer of corn flour and tortillas. Based out of Mexico, GRUMA began its operations in Texas in 1982 and is the presentday parent company of Mission Foods Corp. based in Irving, TX. !
9. NEC Corporation of America
is the principal subsidiary of NEC Corporation, a Japanese multinational provider of IT services and products, enterprise solutions, servers, telecom products and services, and consumer electronics.
10. BT Americas is the North
American subsidiary of UKbased BT Group, which provides information and communications services, as well as network equipment, network services, software, business solutions, and integrated data services to corporations around the world. BT Americas is headquartered in Irving, TX.
11. Santander began its
services to help people and businesses save, spend, and manage money.
12. Toyota North America announced its North American headquarters move from California to Plano, TX in 2014. Headquarters operations include Toyota Motor Sales, Toyota Motor Engineering & Manufacturing, and Toyota Connected.
13. Galderma USA is a subsidiary of its Swiss-based parent, the world leader in providing science-based skin health solutions to health care professionals and their patients at all ages and stages of life.
14. Ericsson Inc. is the subsidiary of Sweden-based global wireless network equipment leader Telefonaktiebolaget LM Ericsson. Its core network products are antennas, transmitters, and switching systems used to build wireless networks.
operations in Spain as Banco Santander but has since expanded to North America, offering comprehensive banking
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
133
BUSINESS & ECONOMY | GLOBAL TRADE
Global Trade According to the International Trade Administration, the Dallas metropolitan area was the 5th largest export market in the U.S. in 2020 (up two spots from 2019) with merchandise shipments totalling $35.6 billion. This accounts for 9.5 percent of Texas goods exports. The latest data available indicates that 8,441 companies exported goods from the Dallas metropolitan area. Of these, 87 percent were small- or medium-sized exporters (SMEs) with fewer than 500 employees. Top export markets include the Asia Pacific Economic Co-operation, NAFTA partners, and the European Union. The top Dallas-Fort Worth area export markets included USMCA partners Mexico and Canada, as well as South Korea, Taiwan, China, Japan, Singapore, the Netherlands, Germany, the U.K., and the Philippines. 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 2021 Top Trading Partners—DFW Trade District
Canada $6.8 Billion
29.7% Exports 70.3% Imports
United Kingdom $2.7 Billion
1.5% Exports 98.5% Imports
DFW Trade
Total Value of Goods in U.S. Dollars
$84 Billion 32% Exports 68% Imports
Data represents total value/tons within the DFW Customs Trade District, which includes Dallas Fort Worth International Airport, Austin, San Antonio, Fort Worth Alliance Airport, Addison Airport, Amarillo, Midland International Airport, Lubbock, Oklahoma City, and Tulsa. However, the DFW region represents 97 percent of the total value of goods traded in the entire trade district.
Exports from DFW to Select Economic Regions (2021)
$0.1
South/Central America
$0.3
OPEC
$0.4
Australia and Oceania
$0.7
LAFTA ASEAN
Source: USA Trade Online
Africa
$1.0 $3.5
European Union
$6.2
NATO
$7.2
NICS
$9.7
OECD
$14.9
Asia
$17.5
APEC
$18.0
All Nations $0
134
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
$23.01
$5B
$10B
$15B
$20B
$26.8
$25B
$30B
2022
3% Exports 97% Imports
51.2% Exports 48.8% Imports
Vietnam $10.6 Billion 7% Exports Japan 93% Imports $3.5 Billion
45.4% Exports 54.6% Imports
Trade Deficit
BUSINESS & ECONOMY | GLOBAL TRADE
Ireland $2.6 Billion
Germany $2.2 Billion
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 and export from LAS), while US International Trade Administration reports exports from port of origin.
South Korea $7.8 Billion
Trade Surplus
58.4% Exports 41.6% Imports
Taiwan $4.7 Billion
58.5% Exports 41.5% Imports
Malaysia $2.4 Billion
17.1% Exports 82.9% Imports
China $16.9 Billion
17.2% Exports 82.8% Imports Source: USA Trade Online
Top DFW Export Sectors Trade Value (In Billions)
Aerospace Product and Parts Manufacturing
$5.4
DFW Trade with Target Markets* % of DFW Exports
15.2%
$1.752 Billion
Mexico
Communications Equipment Manufacturing
$3.6
Semiconductor and Other Electronic Component Manufacturing
$3.0
Motor Vehicle Manufacturing
$1.9
5.3%
Motor Vehicle Parts Manufacturing
$1.7
4.8%
2022
France
10.1%
$1.436 Billion
Australia 8.4%
$741.1 Million
Spain
$263.6 Million
29% Exports 71% Imports
48.9% Exports 51.1% Imports 69.7% Exports 30.3% Imports
70.1% Exports 29.9% Imports
*Factors used to determine target market status include direct flights, foreign direct investment, trade volume, business environment compatibility and populationrelated statistics. Six additional target markets are also top trading partners: Canada, China, Germany, Japan, South Korea, and the United Kingdom.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
135
R I C HA R DSO N , TE XAS
INNOVATION IS IN OUR DNA Just north of downtown Dallas, Richardson’s diverse and highly-skilled talent pipeline via the University of Texas at Dallas stimulates creativity and collaboration. • 15 companies with 1000+ employees • International Business Capital of North Texas • Highest number of professional workers in the DFW area within a 25-minute drive For more information, contact: Beth Kolman
972-792-2817
beth@telecomcorridor.com
telecomcorridor.com
136
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
Innovation
Illustration: KrulUA/iStock
The Innovation Ecosystem Innovation Districts Centers of Excellence
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
137
INNOVATION | INNOVATION ECOSYSTEM
The Innovation Ecosystem Texas is arguably the No. 1 state in the country in which to do business, and Dallas-Fort Worth is one of the best places in the country to start a business. An explosion of new startups, coworking spaces, incubators, and accelerators are building a thriving entrepreneurial ecosystem in the region.
Dallas has a top 10 digital infrastructure and environment among global metros.
Deloitte Green Innovation
— fDi Intelligence
Dallas is one of the top 10 hottest startup communities in America.
Panther Lab Makerspace
— Inc. Magazine
DFW is home to one of four satellite offices of the United States Patent & Trademark Office.
The Makerspace at Walsh
Bell Manufacturing Technology Center
Western Heritage Center Techstars WeWork Physical Health CoLAB CityCentral Fort Worth CommonGrounds WorkLodge Common Desk TECH Fort Worth The Backlot Fort Worth Coffee Co. AccelerateDFW
Tarrant County Makerspace
Ensemble Rising Tide Initiative Locavore WeWork 76107 collective
Benbrook Makerspace
Alcon Experience Center
The North Texas Innovation Alliance Formed in 2020, The North Texas Innovation Alliance (NTXIA) is a 501c3 consortium of cross-sector partners across North Texas with the mission to be the most connected, 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.
138
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
The Forge
INNOVATION | INNOVATION ECOSYSTEM
FUSE Workspace
UNT Factory
Tech Culture McKinney
Stoke UNT Collab Lab
Common Desk
Inspire Park Makerspace at Sci-Tech Discovery Center
Old Town Headquarters Cowork Suites
Caddo
Varispace
Caddo
25N Coworking Serendipity Labs
Formation Carmax Innovation Center Common Desk Common Desk Caddo WeWork Spaces NTT Data Collaboration Center Capital One Garage Venture X USAA Innovation Lab Ericsson Experience Center Industrious WeWork Venture X City Central Toyota Connected Spaces AT&T Foundry
Caddo
Spaces Samsung Research America
INCUBATOR OR ACCELERATOR
TheLab.ms City Central
Common Desk
City Central
Varispace
COWORKING CORPORATE INNOVATION OR EXPERIENCE CENTER MAKERSPACE
!
Blackstone LaunchPad Hexa Garland Area Makerspace UTDesign Makerspace Saltbox Addison Spaces Collective Dallas The Drawing Office Treehouse UTD CENT-IQ Makerspace Board BOSS Office Business Lounge Dallas Venture Development Center IBM Innovation Common Desk Center Venture X Saltbox TI Kilby Labs Spaces Microsoft Revolving Kitchen Colleyville ATOS Business Essilor Technology Technology & Business Center ! Center Innovation Center Innovation NEC GameStop Center Executive Intelligent Office Technology +1Labs Briefing Institute Match Group DFW Global CoWork Varispace Center WeWork The Maker Tech Wildcatters Venture X Moneygram Innovation Lab WeWork Spot The Workshop Venture X Engage Common Desk SMU DIG Parkland Center for SMU Incubator Clinical Innovation Biocenter The Center WorkTank The Mix Blackstone NTEETC Pegasus Park ! Launchpad at UTSW Caddo BioLabs ! MassChallenge Work214 HealthWildcatters Venture X The Children’s Health Slate Design District Innovation Lab Cowork
nhouse n Lab
Sabre Innovation Hub
Pinn Station UTA Blackstone LaunchPad
Venture X
Union Worx TechFW@UTA UTA FabLab StartupLounge
Arts Mission Oak Cliff Lockheed Martin Innovation Center
Rockwall Openspace
Rockwall Makerspace
Common Desk Tyler-Station Wax Space Women Veterans’ Enterprise Center
NuvoDesk Red Bird Entrepreneur Center
Paul Quinn College
UNTD
City Central Harwood Flex
The Office in Mansfield
The Office at Cedar Hill
WeWork
35
Industrious
Hana
Spaces Common Desk
WeWork Hatchways EY Cybersecurity Center
BCBS C1 Innovation Lab United Way Sam’s Club Innovation Center Social Innovation Common Desk Accelerator
Kings Club 717 Harwood
GeniusDen
Common Desk NEP Studios
RevTech Novel
Common Desk Spaces
AT&T Executive Briefing Center / Discovery District
CoLab Industrious
USPTO Regional Office
Impact Ventures Goodwork
30
The Cedars Union
Acme Creation Lab
2022
45 Bill J. Priest Institute
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INNOVATION | INNOVATION DISTRICTS
Dallas Love Field 3.4 MILES AWAY
Pegasus Park
Dallas Urban Innovation Corridor
The Centrum LTK (formerly RewardStyle) Glass-Media UT McCombs MBA at Dallas/Fort Worth Campus
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.
The ultimate collision of startups, corporations, capital, universities, housing, and retail, this corridor could be Dallas’ answer to California’s famed Sand Hill Road. Connected with transit and trails, lined with coffee shops and parks, here you will find a vibrant, walkable community fueled by idea generation and innovation.
S
Old Parkland
Perot Companies Calyx Technology
ty Ka
Reverchon Park
il Tra
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.
gs Rd
The Crescent and Old Parkland Cyrus One
McKin
Cedar Sprin
ney A ve
InfoMart (Peering Point)
The Crescent
Zinwave
Envy Gaming
Salesforce WeWork
Pa rk
Hana
Stackpath WeWork Extreme Reach Spaces
Pandora
Kl yd eW ar re n
Old Parkland
ISN Blue Ven
RO
D
G
ER
LL DA FactorySix03 O O EY Broadjump W Cybersecurity Sam’s Club Innovation Center Center C1 Innovation Lab Vision 2 Systems Integrity Common Desk Marketing Alto Group IBM MVP Index Medecision
The West End
The West End
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The collection of historic buildings is home to 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.
West End Square Park
RevTech
EE
G G C
United Way’s Robokind Social Innovation Accelerator RNA Robotics GigWa Tr Beck Technolo
El Centro College CodeUp USPTO Regional Office
S
FR
Coding Dojo
Belo Garden
400 S. Aka (Peering Poin
2022
SMU
SMU, a nationally ranked comprehensive research university, is only 2.6 miles from The Centrum. The Cox School of BusiRichards ness ranks among the Group top business schools nationally. ZixCorp Work214
Arlington
Shokworks
The Centrum
N Software uebeam nture X
Clusters of innovation activity exist all across DallasFort Worth. Through publicprivate partnerships, cities are creating new ecosystems that encourage growth. Below are just a few examples:
A hub of innovative thinking, The Centrum is home to high-growth businesses like GlassMedia and LTK (formerly RewardStyle). UT McCombs MBA at Dallas/ Fort Worth Campus is located here.
The Centrum
Denton Stoke Denton is Denton’s collaborative coworking center that actively participates in community tech events, provides coworking space, assists startups, and creates local jobs. Startup weekends and hackathons hosted by the University of North Texas’ Innovation Greenhouse and by local tech freelancers give novice and seasoned entrepreneurs opportunities to pitch ideas and start businesses.
Charlie Uniform Tango Industrious General Assembly
Frisco
AY EW
Uber
Galderma Goldman Sachs Common Desk
Uber announced in August 2019 that it is setting up offices in The Epic development on the edge of Deep Ellum.
Omnitracs Cvent Kibo Roofstock ReelFX
Esports Stadium Arlington is one of the largest dedicated esports facility in North America, with 100,000 square feet of tournament and gaming space. It’s also the Homestand Series site for Envy Gaming’s Overwatch League team, the Dallas Fuel. Spark, a coworking and incubator space, is planning to open nearby as part of the Texas Live! expansion.
INNOVATION | INNOVATION DISTRICTS
SMU
AT&T Discovery District
Uber Spaces
Pacific Plaza
McKinney Bestow
Per Scholas Tech Talent South Kickbox Wage t. Main Street East raxo ain S Garden ogy M Quarter Dialexa Paysafe AT&T Vinli Discovery OrderMyGear District ard nt) Industrious
GSV Labs at SoGood Hoque Global is partnering with GSV Ventures to build a startup 2022 incubator in the SoGood development.
The City of Frisco has a focus on innovation across multiple verticals, including smart city technologies, autonomous vehicles, VTOLs, drone deliveries, and sports innovation. It was the second city in the U.S. to enable its traffic signal network to share traffic signal data with consumer vehicles using 4G LTE and 5G networks. Wing, a sister company of Google, will operate a drone delivery facility at Frisco Station.
AT&T Discovery District Part of a $100 million investment AT&T is making to improve its downtown headquarters, the Discovery District is a first-of-its-kind “urban tech campus,” a showcase for new technology and innovation, and a green space with arts, music, food, and retail. SoGood
McKinney EDC’s Innovation Fund is designed to help companies scale through “Seed to Series A” in the investment cycle and to invest in small startups at the ideation stage. The fund is a first-of-a-kind incentive platform that is a web-based application and serves as a real estate demand data aggregator. The overall goal of the fund is to invest in companies that generally would not qualify for economic incentives, through a fund that values great potential for high growth.
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INNOVATION | INNOVATION DISTRICTS
8th Ave.
South Main
iter8 Health Innovation Community
Rosedale St.
Magnolia Ave.
For decades, Fort Worth’s Near Southside is where health advancement has thrived. Now, it’s also the place where entrepreneurs come to create the future. The iter8 health innovation community will open innovation and collaboration among the medical community, nearby universities, startups, and leading-edge companies by bringing people together to multiply the power of information and ideas. At the heart of this initiative is 1,200 acres that will become the common ground from which innovation begins. iter8 is a walkable, livable space designed to attract an elite base of talent to Fort Worth and broaden the city’s impact on health care. iter8fw.com
The Richardson IQ 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 a million square feet of data centers. Ericsson, Verizon, Siemens, and Argo Data all have offices here. In 2021, the University of Texas at Dallas announced it will locate five new research centers and an extension of its Venture Development Center in the district. The new research hub, called The Centers for Emergent Novel Technology at the Innovation Quarter (CENT-IQ) , will house UTD’s 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 at the Richardson Innovation Quarter with UT Dallas Expertise. richardsoniq.com
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The annual publication for what’s new, next, and reimagined in North Texas.
A COLLABORATION OF THE DALLAS REGIONAL CHAMBER AND DALLAS NEXT
READ THE DIGITAL EDITION: dallasinnovates.com/print REQUEST A PRINT COPY: www.dallaschamber.org/why-dallas/order-drc-publications
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INNOVATION | CENTERS OF EXCELLENCE
Snapshot of Centers of Excellence in DFW Business Services Accenture, a global professional services company with leading digital, cloud, and security capabilities, employs more than 2,400 people in the region. The Cloud Innovation Center, located 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.
Deloitte University
NTT Data Services, the Plano division of the Japan-based company, provides innovative business solutions services to clients at its Experience Center that includes a virtual Holodeck to visualize possible outcomes. Wipro has a 45,000-squarefoot cybersecurity center and hub for advanced analytics, Pivotal Center of Excellence, and DesignIt Studio. Atos North American headquarters in Irving is home to its Google Cloud Artificial Intelligence lab—the only one in North America. West Monroe, with over 100 employees in Dallas, is a national business and technology consulting firm helping clients across industries with M&A, Customer Experience, Operational Excellence and Technology Services.
Atos
Cognizant, based in Irving, employs 1,100 technology professionals. Its new 69,000-square-foot Plano location will employ 500 workers, primarily software developers. Infosys opened its Texas Technology and Innovation Hub in Richardson, which will accommodate at least 500 employees focusing on
telecommunications, retail, and banking digital transformations. Splunk Inc. has expanded to 84,000 square feet of office space in Plano, housing 450 employees at a global innovation hub. Its Data-toEverything platform is geared towards solving complex IT, security, and business challenges.
Advanced Manufacturing Texas Instruments (TI) is building a $3.1 billion facility in Richardson. In 2021, it also announced plans for a new 500-acre, 4.7 million-squarefoot semiconductor wafer fabrication plant in Sherman.
Bombardier manufactures an advanced wing design for its Global 7500 luxury business jet. The Red Oak plant is expanding to employ 1,100 people.
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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
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Rendering of MP Materials facility in Fort Worth intelligence, surveillance, and reconnaissance systems, including electro-optical manufacturing and the production of high-energy laser systems. Mary Kay cosmetics opened the Richard R. Rogers
Manufacturing/R&D Center in 2018 in Lewisville. The new, 453,000-square-foot building is complete with state-of-the-art R&D laboratories, cutting-edge manufacturing technology, and zero waste to landfill.
Rendering: Raytheon
Elbit Systems of America, which is headquartered in Fort Worth, produces high performance components for weapons systems in the F-35 fighter jet and V-22 tiltrotor aircraft.
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.
2022
Biotech+ Hub at Pegasus Park is a 23-acre campus, just north of downtown Dallas. The campus will be home for biotech startups, a 37,000-square-foot BioLabs incubation space, the HealthWildcatters startup accelerator, and is partnered with LaunchBio and TechFW’s ThinkLab startup accelerator. UT Southwestern will also use 180,000 square feet for 900 employees and will be aligned with Blackstone’s UTSW LaunchPad powered by Techstars. Evolve Biologics is building a 200,000-square-foot manufacturing facility in Sachse. The new location will bring 300 jobs.
Verily (formerly Google Life Sciences), the research organization for Alphabet devoted to the study of life sciences, is opening in Cypress Waters 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), will support and fund earlystage startups building new technologies, treatments, and therapies in the physical health space Dallas Fort Worth International Airport has a new 37,000-square-foot cold chain storage facility. It allows
Pegasus Park
Alkami, a Plano-based banking software provider, was valued at more than $3 billion when it went public in 2021. Founded in 2009, they are one of the fastestgrowing fintech companies in the U.S.
the refrigerated storage and rapid delivery to and from our region of temperature and time-sensitive pharmaceuticals.
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.
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.
Citigroup opened one of two global Security Operations Centers in Irving where the company hosts its largest concentration of tech positions. In addition to preventing cyberattacks, the Center develops data tools and strategies to improve mobile performance.
Retail REVTECH is a Dallas-based venture seed capital fund that identifies and develops promising startups in the restaurant, retail, and hospitality industries.
▲ 7-Eleven headquartered in Irving, has opened several lab stores in Dallas to test out innovations in the retail space. Customers can skip the line and pay for purchases on their smartphone with mobile checkout technology.
Sam’s Club Now is a first-ofits-kind hybrid innovation lab and retail space in Dallas to test out technology-based retail enhancements, along with a Corporate Innovation Center employing 200+ engineers and design workers.
Blue Cross Blue Shield C1 Innovation Lab anchors the West End Innovation District of Downtown Dallas where it houses a cybersecurity center and design think studio.
Cybersecurity
Capital One opertates The Garage in Plano, a 36,000-square-foot space occupied by product managers, software engineers, and designers who spin out innovative solutions and processes for Capital One’s Financial Services division.
EY opened a 14,000-square-foot cybersecurity center in Dallas to serve as a central command for EY’s global cybersecurity practice. HCL Technologies launched a CyberSecurity Fusion Center in Frisco and will employ nearly 750 people working to shore up the enterprise security lifecycle from detection to remediation. TrendMicro, an IT security company, operates its US HQ in Irving employing engineers and software developers tackling hardware and software vulnerabilities for the Industrial Internet of Things (IIoT) environments, including smart manufacturing, smart cities, and smart energy. Photo: peshkov via iStock
Citigroup hosts one of two global Security Operations Centers in Irving where the company hosts its largest concentration of technology positions. Trellix, a $1.7 billion cybersecurity firm created by the merger of McAfee and FireEye, will open a 85,000-square-foot office in Legacy West.
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INNOVATION | CENTERS OF EXCELLENCE
Fintech and Insurtech
Biotech
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. Vanguard will open an office in Plano that will include IT professionals supporting its broader advice services. Continues on Page 146
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INNOVATION | CENTERS OF EXCELLENCE
Sample of Silicon Valley Companies Operating in DFW Microsoft Technology Center
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 over 350 consultants in Dallas, works with many of the Fortune 100 companies in the area helping drive innovation and complex transformational projects.
Emerging Technology
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AI and Big Data
Blockchain and DLT
Augmented/ Virtual Reality
Plano’s Toyota Connected North America uses big data analyzed on a cloud platform to improve the driving experience and to benefit dealers, distributors, and partners. This includes analyzing traffic patterns, driving behavior, and connecting drivers to transportation systems. Worlds, a Dallas based startup, whose platform creates live AI-powered models of the real world, is helping companies achieve higher levels of automation, increase efficiency, enhance safety and security, and lower costs.
Richardson’s Hedera Hashgraph is a leader in enterprise-ready Distributed Ledger Technology (DLT). Proposed as a more secure than traditional blockchain, it can handle more than 100,000 transactions per second. The Texas Blockchain Council is a nonprofit industry association made up of companies and individuals that work in a variety of industries that are connected to Bitcoin, crypto, and blockchain technology.
Building on our deep history of video game development and software engineering, these Dallas-Fort Worth companies are creating breakthrough experiences for some of the world’s largest companies.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
900lbs BottleRocket GrooveJones M2 Studio Oculus VR Playful Studios ReelFX Spacee
(Continued from Page 145)
Fidelity
Photo: Fidelity
Seattle Companies 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
Fidelity occupies a 332-acre campus in Westlake housing 5,300 employees. The in-house R&D lab explores applications for emerging technologies to develop products such as Fidelity Digital AssetsSM that execute cryptocurrency and other digital asset trades. Goldman Sachs hosts its third-largest workforce center in Dallas behind New York and Salt Lake City. The company has been consolidating regional offices bringing most of its 2,000 employees to the Downtown Dallas office where the Technology and Operations divisions are located. Additionally, the Richardson office is home to Goldman’s new Marcus consumer banking business. 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. MoneyGram opened its Experience Center and innovation lab in Dallas in 2018. The company is currently exploring the future of enterprise blockchain solutions for global payments and simplifying the complexities of managing and paying gig-economy workers. State Farm’s Live-Work-Play Cityline hub in Richardson is built to house 10,000 employees, many of whom are in enterprise technology and other IT positions. USAA operates a campus in Plano where the majority of the 1000+ workers are in IT and digital roles. Activities at the campus range from predictive analytics applied to potential life events, to drone use for disaster assessment.
2022
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IN DALLAS-FORT WORTH B U S I N E S S | C R E AT I V E | E D U C AT I O N | I M PA C T | I N V E N T I O N | S TA RT U P
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• LIVABILITY •
• PROXIMITY •
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Home prices 14% lower than the Dallas County average
30 minutes to Fort Worth, TX 22 minutes to DFW airport 3 hours to Austin, TX 3.5 hours to Houston, TX
17 Pristine Duncanville City Parks Minutes to Big Cedar Wilderness Trail and Mountain Biking Minutes to Cedar Ridge Preserve Minutes to Joe Pool Lake
Cost of Living 4% cheaper than the Dallas County average
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Highest elevation in DFW
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Commercial/Residential Demolition incentive program and many great Redevelopment opportunities. “Golden Plate” restaurant incentive program.
Duncanville Economic Development 972.780.5003 www.duncanville.com | eco@duncanville.com
Costs & Incentives
Photo: Szepy via iStock
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
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COSTS & INCENTIVES | COST OF DOING BUSINESS Seattle (111.3)
Cost of Doing Business When it comes to doing business in a major metropolitan area, it doesn't get much more affordable than Dallas–Fort Worth. Dallas and Fort Worth index well below other major U.S. business centers when it comes to state and local taxes. In terms of the largest corporate expenses—labor and rent—Dallas and Fort Worth also rank well below other major U.S. markets, making the region an attractive place to expand or relocate.
San Francisco (188.1) San Jose (162.6)
Denver (106.6)
Los Angeles (118.1) Phoenix (103.0) San Diego (140.0)
Fort Wo (95 Austin (110.8)
San Antonio (89.7)
Fort Worth Metro Division 112 100
97
89
95
81
$
Boston
Washington, D.C.
Los Angeles
232 149 100
112
100
135
138
107 79
$
150
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148
112
99
147 106
118
96
$
$
2022
100=U.S. Average
Boston (134.9) Minneapolis (103.4)
New York (153.4) Philadelphia (99.3)
Chicago (101.8)
Washington DC (111.8)
5% Lower
Kansas City (95.5) Charlotte (90.6)
Atlanta (93.3)
orth 5.2)
)
COSTS & INCENTIVES | COST OF DOING BUSINESS
Cost of Doing Business
The cost of doing business is up to 5% lower in DFW than the national average.
Dallas (100.0) Houston (96.6)
Dallas Metro Division 112
100
100
Miami (114.3)
100 89
93
$
ENERGY
LABOR
TAX BURDEN
OFFICE RENT
OVERALL COST
Source: Moody’s North American Cost Review
New York
Seattle
San Jose
265
San Francisco 292
238
238
197
199 140
153 103 107 106
131
163 111
114
106
188 127
106
100
93 1040
2022
$
1040
$
1040
$
1040
$
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COSTS & INCENTIVES | WAGES AND SALARIES
Wages and Salaries Median wages and salaries in the Dallas–Fort Worth region generally track below other major metro markets, thanks to Texas’ pro-business labor environment and low taxes. An abundance of affordable housing compared to major metropolitan areas means employees can still enjoy a higher standard of living at lower costs than in other major markets.
Typical Workers’ Compensation Costs Occupation
What People in Dallas-Fort Worth Earn
Management
Legal
247,563 | Total Workers $107,120 | DFW Median $100,381 | U.S. Median
32,640 | Total Workers $93,933 | DFW Median $85,405 | U.S. Median
Business and Financial Operations
Education, Training, and Library
265,488 | Total Workers $76,835 | DFW Median $72,134 | U.S. Median
208,081 | Total Workers $54,267 | DFW Median $52,229 | U.S. Median
Arts, Design, Entertainment, Sports, and Media
Loss Cost*
Electronic Apparatus Manufacturing
$0.30
Fabricated Products
$0.95
Machinery Manufacturing
$0.97
Computer and Mathematical
Metal Goods Manufacturing
$1.30
170,294 | Total Workers $94,474 | DFW Median $90,522 | U.S. Median
Sales and Service
$0.53
Hospital Professional Employees
$0.24
Office Worker
$0.04
Basis of Rates per $100 Payroll
Architecture and Engineering
*To determine rates, a companyspecific multiplier is applied to the loss cost for a specific occupation classsification.
70,791 | Total Workers $85,259 | DFW Median $83,221 | U.S. Median
69,212 | Total Workers $47,757 | DFW Median $50,128 | U.S. Median
Health Care Practitioners and Technical 197,803 | Total Workers $70,387 | DFW Median $70,283 | U.S. Median
Food Preparation and Serving Related
Construction and Extraction
288,943 | Total Workers $21,632 | DFW Median $25,542 | U.S. Median
187,064 | Total Workers $40,976 | DFW Median $46,342 | U.S. Median
Building and Grounds Cleaning and Maintenance
Installation, Maintenance, and Repair
130,811 | Total Workers $27,830 | DFW Median $29,245 | U.S. Median
158,843 | Total Workers $47,965 | DFW Median $48,048 | U.S. Median
Personal Care and Service 107,781 | Total Workers $25,106 | DFW Median $27,269 | U.S. Median
Sales and Related 410,294 | Total Workers $32,386 | DFW Median $31,928 | U.S. Median
Production 201,718 | Total Workers $34,528 | DFW Median $37,190 | U.S. Median
Transportation and Material Moving 383,155 | Total Workers $36,026 | DFW Median $34,195 | U.S. Median
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 2022, the average tax rate is 1.35%.
Life, Physical, and Social Science 26,629 | Total Workers $66,206 | DFW Median $70,117 | U.S. Median
Community and Social Service 49,177 | Total Workers $50,752 | DFW Median $47,590 | U.S. Median
Healthcare Support 145,334 | Total Workers $27,144 | DFW Median $29,661 | U.S. Median
Protective Service 75,482 | Total Workers $43,867 | DFW Median $43,909 | U.S. Median
Office and Administrative Support 575,495 | Total Workers $39,437 | DFW Median $38,834 | U.S. Median
Farming, Fishing, and Forestry 6,190 | Total Workers $25,896 | DFW Median $27,414 | U.S. Median
Source: Texas Department of Insurance
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2022
2021 JOBS
2022 JOBS
2023 JOBS
2024 JOBS
DFW MEDIAN
70,680
71,939
73,016
73,944
$105,379
Computer and Information Systems Managers
12,867
13,213
13,502
13,743
$153,941
Financial Managers
17,901
18,446
18,917
19,324
$146,111
40,867
41,568
42,149
42,626
$77,995
Loan Officers
8,948
9,037
9,101
9,143
$76,044
Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other
17,669
18,037
18,339
18,582
$79,900
Computer Systems Analysts
21,852
22,326
22,712
23,029
$99,043
Computer User Support Specialists
23,326
23,830
24,248
24,597
$47,965
Network and Computer Systems Administrators
12,181
12,390
12,558
12,695
$86,857
Database Administrators and Architects
5,102
5,204
5,291
5,364
$106,579
Computer Programmers
8,264
8,289
8,285
8,264
$92,290
53,386
55,609
57,557
59,277
$109,891
6,713
6,813
6,891
6,952
$94,184
Registered Nurses
62,252
63,215
64,018
64,690
$76,909
First-Line Supervisors of Non-Retail Sales Workers
11,029
11,096
11,151
11,198
$73,031
First-Line Supervisors of Office and Administrative Support Workers
42,279
42,616
42,846
42,997
$60,541
Bill and Account Collectors
12,286
12,146
12,003
11,857
$37,576
44,982
45,307
45,530
45,665
$42,909
100,360
100,933
101,288
101,462
$37,187
9,397
9,430
9,443
9,443
$42,689
22,896
23,300
23,642
23,936
$31,718
12,277
12,212
12,116
11,999
$60,851
Office Clerks, General
86,894
87,502
87,924
88,192
$35,896
First-Line Supervisors of Production and Operating Workers
13,538
13,672
13,776
13,857
$63,628
9,551
9,616
9,662
9,695
$36,231
Miscellaneous Assemblers and Fabricators
28,573
28,648
28,673
28,663
$30,034
Inspectors, Testers, Sorters, Samplers, and Weighers
15,095
15,022
14,923
14,805
$38,038
1,945
1,941
1,934
1,926
$37,446
Description
General and Operations Managers
Accountants and Auditors
Software Developers and Software Quality Assurance Analysts and Testers Mechanical Engineers
Bookkeeping, Accounting, and Auditing Clerks Customer Service Representatives Loan Interviewers and Clerks Receptionists and Information Clerks Executive Secretaries and Executive Administrative Assistants
Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers
Semiconductor Processing Technicians
COSTS & INCENTIVES | WAGES AND SALARIES
Key Occupations in DFW Target Industries
Source: EMSI 2022
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COSTS & INCENTIVES | UTILITIES - ELECTRICITY
Electricity The Dallas–Fort Worth region ranks close to the national median in terms of overall electric rates. The state of Texas operates on a power grid separate from that of the rest of the country, meaning DFW ranks high in electrical systems reliability. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 24 million Texas customers. Furthermore, because Texas has a deregulated electricity market, consumers can shop around and choose their service providers, giving them flexibility in pricing and service.
Dallas Area Monthly Electricity Costs Based on market pricing available February 2022 per EnergyBot data
Residential Average Rate (paid per kWh)
Average Monthly Bill
500 kWh
0.127
$63
1000 kWh
0.117
1000 kWh
$117
2000 kWh
2000 kWh
0.116
500 kWh
$233
Commercial Average Rate (paid per kWh)
Average Monthly Bill
2,500 kWh
$239
10,000 kWh
10,000 kWh
$920
30,000 kWh
30,000 kWh
$2,550
80,000 kWh
80,000 kWh
0.095 0.092 0.085 0.080
2,500 kWh
$6,436
Industrial Average Rate (paid per kWh)
200,000 kWh
0.084
400,00 kWh
650,000 kWh
0.060
154
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
200,000 kWh
$16,808
400,000 kWh
$29,039
Source: EnergyBot
0.073
Average Monthly Bill
650,000 kWh
$38,722
2022
The U.S. electric grid is a complex network of independently owned and operated power plants and transmission lines. The state of Texas has a competitive advantage due to independence from other grids in other states.
COSTS & INCENTIVES | UTILITIES - ELECTRICITY
U.S. Electric Grid
ERCOT
(The Electric Reliability Council of Texas)
Texas Electric Generation by Source Net Electricity Generation
GwH
% Total
U.S. Average
7
0.0%
0.2%
15,954
45.1%
39.1%
Coal-Fired
6,252
17.7%
18.3%
Nuclear
2,973
8.4%
20.0%
71
0.2%
6.5%
10,111
28.6%
15.8%
Petroleum-Fired Natural Gas-Fired
Hydroelectric Other Renewables Total Net Electricity Generation
35,368 Source: Energy Information Administration
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
155
BUSINESS | UTILITIES - WATER, SEWER, GAS, AND 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, combined with long-haul fiber, connect North Texas cities to one another, as well as to the rest of the U.S. and the world. Redundancies in connectivity, combined with relative freedom from natural disasters, means minimal risk of downtime for any business operating in the vicinity. And with the imminent roll-out of 5G technologies by all of the major service providers, businesses in DFW will have an unlimited ability to be connected internally, to other businesses, and to their customers.
Rates and Infrastructure Within DFW Water and Sewer
Price per 1,000 gallons
Residential
Water
Sewer
Up to 4,000
$1.90
$5.41
4,001 to 10,000
$4.11
$5.41
10,001 to 20,000
$6.70
$5.41
20,001 to 30,000
$9.55
$5.41
Above 30,000
$11.10
$5.41
General Services
Water
Sewer
Up to 10,000
$4.43
$4.56
Above 10,000
$4.83
$4.56
Above 10,000 and 1.4 times Annual Average
$7.38
$4.56
*Prices reflect prompt-pay discount and are effective Oct. 1, 2021 Source: Dallas Water Utilities
Regional Water Planning Area – Region C
RANDELL LAKE Pottsboro ! ! Denison
LAKE TEXOMA
HUBERT H MOSS LAKE
Callisburg ! Muenster Lindsay !
Cooke
Knollwood
Sadler ! Whitesboro
Oak Ridge
Gainesville !
!
Red Riv er
Water, Sewer, Gas, & Telecommunications
!
VALLEY LAKE Bells ! Savoy !
!
!
Southmayd !
LAKE KIOWA
Grayson
Sherman
!
RED
Collinsville
COFFEE MILL LAKE Ravenna
!
LAKE BONHAM
Fannin Ector
Bonham
!
!
Dorchester ! Howe !
Valley View !
Tioga
!
Whitewright !
Van Alstyne
Pilot Point
Sanger
Bridgeport
!
Bryson
!
er
Wise
Decatur
Denton!
!
!
!
Lake ! Runaway Bridgeport Bay
Melissa
!
Oak Point Ponder ! ! ! Shady Shores ! Lakewood Little Elm ! ! Village Corinth ! New DISH ! Hackberry Frisco ! ! Fairview Argyle Copper Lake Dallas ! ! Corral City! Canyon ! Hickory Creek ! ! Justin The Colony ! ! ! Rhome
Boyd
!
Springtown !
!
GRAPEVINE LAKE
Roanoke! Trophy Club !
Newark
!
Lewisville
Coppell
!
Haslet!
Reno !
Hebron
!
Double Oak Flower Mound !
Aurora
EAGLE MOUNTAIN LAKE
Highland Village
Northlake Bartonville
! !
Fairview
Westlake
Southlake ! Keller ! Grapevine Colleyville !
Lucas
!
Parker ! St. Paul ! ! Wylie Murphy !
Plano
Carrollton
!
Addison
!
!
LAVON LAKE
!
Allen !
!
!
New Hope Princeton ! Farmersville!
!
Lowry Crossing !
!
BRAZOS
!
!
Collin
Cross Roads
Blue Ridge
!
LEWISVILLE ! LAKE Prosper ! McKinney Lincoln Park !
Denton
Paradise
!
Weston
Celina
!
Aubrey! Krugerville !
Krum
!
SABINE
Jacksboro LOST CREEK RESERVOIR
!
!
Anna !
!
Ri v nity Tri
Chico
LAKE BRIDGEPORT
Ladonia
!
Leonard
!
!
Jack
Bailey
Trenton
!
!
!
Alvord
!
!
Windom
Tom Bean !
SULPHUR
Gunter
!
LAKE RAY ROBERTS
Honey Grove
Dodd City
!
!
Josephine ! Nevada ! !
Lavon
Richardson !Sachse
!
!
Farmers Branch
Royse City !
Fate
!
Rowlett Rockwall!
! Garland ! ! Mobile WHITE ! City Azle ROCK Mineral Wells ! Saginaw! Watauga! North Richland Hills ! ! University! LAKE LAKE Bedford ! Blue Mound ! LAKE RAY ! ! ! Irving Park ! Euless ! MINERAL LAKE Heath McLendon-Chisholm Lakeside! HUBBARD Haltom City Lake Worth Hurst ! Highland WELLS ! WEATHERFORD ! LAKE Sunnyvale ! Sansom Park ! ! Park Richland ! WORTH Cool NEW TERRELL ! Willow Dallas ! Fort Worth Hills Mesquite Westworth Village Cockrell CITY LAKE ! Park ! Weatherford ! MOUNTAIN ! ! Forney ! ! Balch Hill ! White Settlement ! ! Terrell ! Hudson Oaks LAKE CREEK LAKE Millsap Westover Springs Pentego ! ! Hills ARLINGTON Annetta North ! Arlington Talty ! ! ! ! ! ! Forest Annetta Benbrook Aledo Dalworthington ! ! Grand Hill ! Seagoville Post Oak Gardens Annetta South Edgecliff Village ! ! Hutchins Prairie ! ! ! Bend Kennedale ! BENBROOK Crandall ! Duncanville Oak ! ! Brazos Rive Everman LAKE Ridge Cedar DeSoto Wilmer ! ! Combine ! ! LAKE Hill Crowley Kaufman ! Lancaster ! ! GRANBURY Mansfield ! ! Cresson Oak Glenn Heights! Ferris Grove ! Red Oak ! Ovilla ! JOE ! Scurry ! ! POOL Oak Leaf Grays ! Pecan LAKE ! Rosser !Prairie Hill ! ! Midlothian Cottonwood Kemp ! Palmer ! Waxahachie !
Sanctuary !
!
Pelican Bay
NORTH LAKE
!
Rockwall
Tarrant
Parker
Dallas
TRINITY
Kaufman
r
2070 Supplies for the Largest Wholesale Water Providers in Region C (Acre feet per year) Wholesale Water Provider
Dallas Water Utilities
Available
500,097
New Strategies
936,160
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%
1,590,440
1,869,546
3,459,986
Total for Region C * *Total includes other providers
O
B G
F
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Frost
Blooming Barry ! Grove !
!
NAVARRO MILLS LAKE
!
!
Powell
LAKE Corsicana! HALBERT Oak Retreat ! Valley ! Mustang ! Angus !
Navarro
!
! Malakoff Trinidad Kerens Goodlow ! TRINIDAD LAKE
Henderson
!
Mildred
!
Eureka
! !
Navarro
Richland
RICHLAND-CHAMBERS RESERVOIR
!
Dawson ! !
Streetman
Wortham
!
FAIRFIELD LAKE Kirvin
!
Fairfield
!
Freestone Teague
!
«
I
K J
156
Emhouse
!
D
C
E
Italy
!
Milford
!
Eustace
Payne Springs
! FOREST ! Enchanted Oaks GROVE CEDAR CREEK RESERVOIR RESERVOIR Log Cabin ! TRINITY Caney City ! Athens ! Star Harbor !
Rice
!
Regional Water Planning Area - C - Region C
A
Source: Dallas Water Utilities, Region C Water Planning Group
Seven Points! ! Gun Barrel City Ri Tool v er !
S
1,011,887
Trini ty
Alma
!
O AZ
539,990
Ennis
!
BR
471,897
!
!
33.1%
Tarrant Regional Water District
Mabank!
Garrett
Ellis BARDWELL LAKE Bardwell
% From Conservation & Reuse
Total
436,063
LAKE WAXAHACHIE Maypearl
!
L M
N
H P
MISSION The Texas Water Development Board's (TWDB) mission is to provide leadership, planning, financial assistance, information, and education for the conservation and responsible development of water for Texas.
0
5
10 Miles
Scale: 1:675,000 TEXAS WATER DEVELOPMENT BOARD 1700 North Congress Avenue P.O. Box 13231 Austin, Texas 78711-3231 www.twdb.texas.gov 512-463-7847
C - Region C County Boundaries
20
DISCLAIMER This map was generated by the Texas Water Development Board using GIS (Geographical Information System) software. No claims are made to the accuracy or completeness of the information shown herein nor to its suitability for a particular use. The scale and location of all mapped data are approximate. Map date: JAN-2014
!
Cities, Towns and Villages Major Reservoirs and Lakes Major River Basins Major Rivers and Creeks
2022
Natural Gas Rates*
The Barnett Shale
Customer Charge per Month
Commodity Charge/McF
Residential
$23.85
$0.19526
Commercial (<3,000 AVG. McF/YR)
$50.71
$0.09545
$988.00
$0.2906 (0-1,500 MMBtu) $0.2119 (1,501-5,000 MMBtu) $0.0334 (over 5,000 MMBtu)
Industrial
*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 June 1, 2021 and is subject to change. Source: Atmos Energy Corp. Mid-Tex Tariffs report
The Barnett Shale is one of the largest natural gas fields in North America. Exploration, drilling, and production in the Barnett Shale have transformed the economy with thousands of jobs and millions of dollars in investment, and contributed to opportunities and prosperity for the entire region.
BUSINESS | UTILITIES - WATER, SEWER, GAS, AND TELECOMMUNICATIONS
Natural Gas
Telecommunications Major U.S. Internet Peering Points Seattle Minneapolis Salt Lake City San Francisco San Jose Los Angeles Phoenix
Chicago Washington, D.C.
New York
Atlanta DallasFort Worth
Connectivity is a core strength of Dallas–Fort Worth. It is one of the primary peering points of all U.S. internet traffic, enabling companies located here to have fast and reliable access to the world’s telecommunications infrastructure.
Miami
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
157
COSTS & INCENTIVES | TAXES AND UNION ACTIVITY
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, right-to-work state. Companies from all over the United States and around the world come to do business in Texas because of low costs, central locations, and an industry environment favorable to growth and development. Because Texas is a right-to-work state— meaning employees are not required to join unions—it places high in favorable tax climate rankings. The DFW area has extremely low union activity.
Houston
3.7
Miami
5.7
Dallas
5.9
Phoenix
6.5
Denver
6.9
Atlanta
7.1
Kansas City
10.2
Boston
12.2
San Francisco
13.0
Chicago
14.9
Los Angeles
15.2
Philadelphia
15.4
Detroit
15.9
Minneapolis
17.3
San Diego
17.6
Seattle
18.6
New York
21.9
0%
Sales Tax Rate 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
DFW Communities Sales Tax Sample STATE RATE
CITY RATE
OTHER RATE
OTHER TYPE
TOTAL RATE
Plano
CITY
0.0625
0.0100
0.0100
MTA
0.0825
Dallas
0.0625
0.0100
0.0100
MTA
0.0825
Denton
0.0625
0.0150
0.0050
CTA
0.0825
Fort Worth
0.0625
0.0100
0.0100
MTA, CCD
0.0825
MTA = Metropolitan Transit Authority; CCD = Crime Control District; CTA = County Transit Authority Source: Texas Comptroller’s Office
Union Activity in Selected Metros
Texas Franchise Tax Each taxable entity formed in Texas or doing business in Texas, such as corporations, LLCs, banks, partnerships, must file franchise tax reports. This tax applies only to entities earning above a certain threshold. For example, in 2022 and 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, nonprofits, or certain trusts, among others.
STATE BUSINESS CLIMATE RANKING
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)
Chief Executive Magazine
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 5%
10%
15%
20%
25%
% Employed workers covered by collective bargaining agreements
n n n n
Personal Income Tax (State or Local) Local Occupation Tax Local Wage Tax State Property Tax
Source: Current Population Survey (CPS) Outgoing Rotation Group (ORG) Earnings Files, 2021 compiled by Unionstats.com
158
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
COUNTIES Collin Dallas Denton Ellis Hunt Johnson Kaufman Parker Rockwall Tarrant Wise
RATE $0.168087 $0.227946 $0.233086 $0.339338 $0.428379 $0.420000 $0.461171 $0.329362 $0.313100 $0.229000 $0.370125
CITIES Addison $0.614660 Allen $0.470000 Anna $0.569500 Arlington $0.619800 Azle $0.646149 Balch Springs $0.794629 Bedford $0.552000 Benbrook $0.617500 Burleson $0.685900 Carrollton $0.582500 Cedar Hill $0.697029 Celina $0.645000 Cleburne $0.690498 Cockrell Hill $0.850573 Colleyville $0.291778 Commerce $0.820000 Coppell $0.580000 Corinth $0.567000 Crowley $0.729545 Dallas $0.773300 Decatur $0.581692 Denton $0.565823 DeSoto $0.701554 Duncanville $0.700000 Ennis $0.724473 Euless $0.475000 Everman $1.149676 Fairview $0.345580 Farmers Branch $0.589000 Fate $0.339872 Flower Mound $0.405000 Forest Hill $0.997342 Forney $0.501069 Fort Worth $0.732500 Frisco $0.446600 Garland $0.756965 Glenn Heights $0.769146 Grand Prairie $0.669998
Grapevine $0.271811 Greenville $0.589000 Haltom City $0.645651 Heath $0.339307 Hickory Creek $0.307280 Highland Park $0.230000 Highland Village $0.563474 Hurst $0.625159 Hutchins $0.682459 Irving $0.594100 Joshua $0.711493 Kaufman $0.799976 Keene $0.844134 Keller $0.395000 Kennedale $0.764085 Krum $0.621598 Lake Dallas $0.614123 Lake Worth $0.458548 Lancaster $0.769287 Lewisville $0.443301 Little Elm $0.643948 Lucas $0.288397 Mansfield $0.690000 McKinney $0.497655 Melissa $0.568157 Mesquite $0.708620 Midlothian $0.675000 Murphy $0.495000 North Richland Hills $0.572184 Parker $0.365984 Plano $0.446500 Princeton $0.602549 Prosper $0.510000 Providence $0.732040 Red Oak $0.703645 Richardson $0.615160 Richland Hills $0.558551 River Oaks $0.720874 Roanoke $0.375120 Rockwall $0.350000 Rowlett $0.745000 Royse City $0.621500 Sachse $0.700734 Saginaw $0.479516 Sanger $0.633711 Sansom Park $0.670724 Seagoville $0.788800 Southlake $0.390000 Sunnyvale $0.453000 Terrell $0.764200 The Colony $0.650000
Trophy Club $0.445000 University Park $0.264388 Watauga $0.580400 Waxahachie $0.635000 Weatherford $0.458100 White Settlement $0.741795 Willow Park $0.566650 Wylie $0.643751
Era ISD $1.042000 Everman ISD $1.370000 Farmersville ISD $1.353300 Ferris ISD $1.313800 Forney ISD $1.372000 Fort Worth ISD $1.343200 Frisco ISD $1.353300 Frost ISD $1.236690 Garland ISD $1.256300 Godley ISD $1.492000 Grand Prairie ISD $1.376300 Grandview ISD $1.178100 GrapevineColleyville ISD $1.275100 Greenville ISD $1.120481 Gunter ISD $1.468600 Highland Park ISD $1.084800 Hurst-EulessBedford ISD $1.160800 Irving ISD $1.207700 Italy ISD $1.287000 Joshua ISD $1.290000 Kaufman ISD $1.287600 Keene ISD $1.231270 Keller ISD $1.344000 Kennedale ISD $1.299100 Krum ISD $1.344930 Lake Dallas ISD $1.500300 Lake Worth ISD $1.519100 Lancaster ISD $1.470400 Leonard ISD $0.960300 Lewisville ISD $1.308700 Little Elm ISD $1.430300 Lone Oak ISD $1.222000 Lovejoy ISD $1.505000 Mansfield ISD $1.418300 Maypearl ISD $1.171700 McKinney ISD $1.376700 Melissa ISD $1.460300 Mesquite ISD $1.312000 Midlothian ISD $1.352000 Milford ISD $0.957700 Millsap ISD $1.274900 Mineral Wells ISD $1.303680 Northwest ISD $1.292000 Palmer ISD $1.273600 Peaster ISD $1.372000 Perrin Whitt ISD $1.140400 Pilot Point ISD $1.160300 Plano ISD $1.320750 Ponder ISD $1.407780 Poolville ISD $1.160300
SCHOOLS Aledo ISD $1.392900 Allen ISD $1.406800 Alvarado ISD $1.372000 Alvord ISD $1.154290 Anna ISD $1.460300 Argyle ISD $1.400000 Arlington ISD $1.360800 Aubrey ISD $1.508700 Avalon ISD $1.028120 Azle ISD $1.222600 Birdville ISD $1.338000 Bland ISD $1.112000 Blue Ridge ISD $1.460300 Boles ISD $1.210300 Brock ISD $1.390300 Burleson ISD $1.494600 Caddo Mills ISD $1.460300 Campbell ISD $0.872000 Carroll ISD $1.268600 Carrollton Farmers Branch ISD $1.201250 Castleberry ISD $1.313100 Cedar Hill ISD $1.238400 Celeste ISD $1.223600 Celina ISD $1.440900 Cleburne ISD $1.448600 Collin College (CCD) $0.081222 Commerce ISD $1.359800 Community ISD $1.460300 Coppell ISD $1.292000 Crandall ISD $1.372000 Crowley ISD $1.484100 Cumby ISD $1.420300 Dallas College (CCD) $0.123510 Dallas ISD $1.248235 Denton ISD $1.362000 DeSoto ISD $1.388600 Duncanville ISD $1.315900 Eagle MountainSaginaw ISD $1.457500 Ennis ISD $1.453700
Princeton ISD $1.460300 Prosper ISD $1.460300 Quinlan ISD $1.060300 Red Oak ISD $1.325600 Richardson ISD $1.390900 Rio Vista ISD $1.322990 Rockwall ISD $1.273600 Royse City ISD $1.460300 Sanger ISD $1.142300 Scurry-Rosser ISD $1.120300 Slidell ISD $1.047400 Springtown ISD $1.143200 Sunnyvale ISD $1.342000 Tarrant County College (CCD) $0.130170 Terrell ISD $1.344500 Trenton ISD $1.140300 Van Alstyne ISD $1.427900 Venus ISD $1.383500 Waxahachie ISD $1.344200 Weatherford ISD $1.239300 White Settlement ISD $1.460300 Whitewright ISD $1.111600 Wolfe City ISD $1.144716 Wylie ISD $1.459800
COSTS & INCENTIVES | TAXES AND UNION ACTIVITY
2021 Dallas-Fort Worth Property Tax Rates
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) $0.028700
SOURCES: Collin, Dallas, Denton, Ellis, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant, and Wise County Appraisal Districts
Sample Property Tax Information City Plano Dallas Denton Fort Worth
$0.446500 $0.773300 $0.565823 $0.732500
County Collin Dallas Denton Tarrant
$0.168087 $0.227946 $0.233086 $0.229000
for DFW Communities 2021 Rate, Per $100 of Taxable Valuation
School District Plano ISD Dallas ISD Denton ISD Fort Worth ISD
$1.320750 $1.248235
Other CCD
$0.081222
SET
$0.00000
HD
$0.255000
CCD
$0.123510
WD
$0.028700
HD
$0.224429
$1.362000 $1.343200
Total $2.016559 $2.627991 $2.160909
CCD
$2.687999
$0.130170
SET = School Equalization Tax; HD = Hospital District; WD = Water District; CCD = Community College District 2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
159
COSTS & INCENTIVES | REAL ESTATE - OFFICE
Real Estate Office 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 the 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, Plano’s Legacy West, and Richardson’s CityLine, among many others. The Dallas-Fort Worth office market slowed with the Great Recession, but it didn’t suffer from weaknesses experienced in other major U.S. metropolitan areas. As a result, the market recovered more quickly than elsewhere in the nation and continued to add hundreds of thousands of high-quality square footage. The pandemic-induced recession, 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.
160
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
DFW Commercial Office Space:
Attractive Rents With an Abundance of Choices The Dallas-Fort Worth region offers a multitude of options for companies looking to operate here. From multitenant buildings in the urban core and CBDs to office parks throughout the region, many companies have discovered DFW to be a strategic and cost-effective location.
Largest Office Parks 1 Alliance Texas
26 Mercantile Center
2 City Center
27 Offices of Austin Ranch
3 Cityline
28 Old Parkland
4 Colonnade
29 Overton Centre
5 Convergence Business Park
30 Park West
6 Cypress Waters
31 Parkway Centre
7 Dallas Market Center
32 Pegasus Park
8 DFW Freeport Park
33 Plano Gateway
9 Duke Bridges
34 Regent Center
10 Element Towers
35 Royal Ridge Office Park
11 Energy Square
36 Royal Tech Business Center
12 Forest Plaza
37 Solana Office Park
13 Frisco Station
38 Stonebridge Ranch
14 Galatyn Commons
39 Sundance Square
15 Galleria Office Towers
40
The Apex at Las Colinas Crossing
16 Granite Park
41 The Campus at Legacy West
17 Hall Park
42 The Centre Office Park
18 Harwood District
43 The Crescent Office Towers
19 Hidden Ridge
44 The Crossings
20 International Business Park
45 The Gild
21 International Plaza
46 The Star
22 Las Colinas
47 Towers at Park Central
23 Legacy Business Park
48 Towers at Williams Square
24 Legacy Central
49 Victory Park
25 Lincoln Centre
50 Western Place
2022
COSTS & INCENTIVES | REAL ESTATE - OFFICE
38
Lewisville/Denton
46
Far North 13 9 Dallas 16 17 27
41 23
24
US 75 Corridor
31 20
3
5 1
14
37
4
Las Colinas
North Fort Worth
34 6 8 35 36 40
Mid Cities 26
30
33
10
19 48 22
21 LBJ Freeway 42 15 25 47 12 44
Preston Center
North Central Expressway 45 11
Uptown/ Stemmons Oak Lawn Freeway 32 28 Dallas 7 Grand Prairie/ 43 CBD South Irving 49
East Dallas
18
2 39
50
Fort Worth CBD
29
South Dallas South Fort Worth Major Office Building/Park
Market View Market
Net Rentable Area (SF)
Direct Vacancy Rate
Avg Asking Lease Rate
Market
Net Rentable Area (SF)
Direct Vacancy Rate
Avg Asking Lease Rate
10,845,583
20.9%
$35.07
Dallas CBD
27,157,551
32.9%
$29.10
North Central Expressway
East Dallas
1,619,521
36.7%
$36.06
North Fort Worth
4,677,801
12.0%
$23.22
49,216,515
25.5%
$36.37
Preston Center
3,887,461
14.6%
$46.73
8,868,197
19.7%
$27.84
South Dallas
1,865,311
26.3%
$24.02
728,351
26.7%
$18.07
South Fort Worth
5,833,558
13.6%
$24.23
Las Colinas
34,715,715
23.7%
$27.87
Stemmons Freeway
7,812,173
30.2%
$21.58
LBJ Freeway
18,200,758
26.2%
$25.19
Uptown/Oak Lawn
13,583,262
23.6%
$53.68
Lewisville/ Denton
3,084,006
22.0%
$27.53
US 75 Corridor
23,043,519
21.8%
$25.61
Mid-Cities
16,246,933
24.0%
$25.93 231,386,215
24.6%
$29.89
Far North Dallas Fort Worth CBD Grand Prairie/ South Irving
Market Totals Source: JLL
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
161
COSTS & INCENTIVES | REAL ESTATE - INDUSTRIAL
Real Estate Industrial 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, with significant new developments throughout the region. The pandemic has only accelerated demand with DFW becoming the No. 1 U.S. market for commercial real estate construction in 2021 with a growth rate of 24%—double the growth of the next biggest market, Los Angeles. The majority of that 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 new markets for development. Observers credit the strength of the regional economy, as well as low taxes and labor costs, for sustaining DFW as a desirable market for real estate investment.
DFW Industrial Space:
A Logistics, Distribution, and Manufacturing Hub
Dallas–Fort Worth’s central U.S. location provides an advantageous distribution hub with quick access to rail, air, and short- and long-haul truck transportation.
Largest Industrial Parks 1 35 Eagle
29 Mercer Business Park
2 635 Industrial District
30 Mountain Creek Business Park
3 Alliance Center
31 North Quarter 35
4 Alliance Center North
32 Northlake Business Center
5 Alliance Gateway
33 Park 20/360
6 Alliance Northport
34 Passport Business Park
7 Alliance Texas
35 Pinnacle Industrial Center
8 Alliance Westport 9 Arlington South Industrial Park 10 Austin Ranch Distribution Center 11 Carter Industrial Park 12 Cedar Hill Business Park 13 CentrePort Business Park 14 Dalport Trade Center 15 Denton Point
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
PointSouth Logistics &
37 Commerce Centre 38 Prime Pointe
39 Prologis Dallas Corporate Center 40 ProLogis Park 20/35 41 Railhead Industrial Park 42 RailPort Industrial Park Research/Technology
16 DFW Trade Center
43 Crossroads
17 Ennis Industrial Rail Park
44 Riverbend Business Park
18 Enterprise Business Park
45 RiverPark Business Park
19 Fossil Creek Business Park
46 Sentry Industrial Park
20 Frankford Trade Center
47 Skyline Business Park
21 Freeport North
48 Southfield Park 35
22 Grand Lakes Distribution Center
49 Southport Logistics Park
23 Great Southwest Industrial Park
50 Stoneridge Business Park
24 International Commerce Park
51 Sunridge Business Park
25 Lakeside Trade Center
52 Trinity Mills
26
162
36 Point West
Logistics Pointe Distribution Center
53 Turnpike Distribution Center
27 Majestic Aiport Center DFW
54 Valwood Business Park
28 Mercantile Center
55 Waters Ridge Business Park
2022
COSTS & INCENTIVES | REAL ESTATE - INDUSTRIAL
15
18 10
Northwest Dallas
6
55 27 20 25 16 52 21 2 54 36 29 39 DFW
1 4 32 3 5 8 7 31
North Fort Worth
Airport
44
23
Northeast Dallas 26
24
34 13 45
41 19 28
43
South Stemmons 22
47
53 35
East Dallas
Great Southwest/ Arlington 33
11
South Fort Worth
50 48
9
South Dallas
40
37 49 38 51 14
12
46
Major Industrial Building/Park
30
17
42
Ennis
Market View Market
Inventory (M SF)
Total Vacancy Rate
Asking Rates Average Annual ($/SF)
DFW Airport
74.7
4.10%
$6.81
East Dallas
37.4
5.80%
$5.20
Great SW/Arlington
101.1
3.00%
$5.38
North Fort Worth
105.9
9.80%
$5.03
Northeast Dallas
74.2
5.40%
$6.84
Northwest Dallas
88.7
3.90%
$6.44
South Dallas
80.1
6.90%
$4.58
South Fort Worth
59.0
11.20%
$5.55
82.6
4.40%
$6.03
703.8
5.90%
$5.41
South Stemmons Market Totals
Source: JLL 2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
163
COSTS & INCENTIVES | REAL ESTATE - RETAIL
Real Estate Retail The Dallas-Fort Worth retail real estate market experienced a solid recovery in 2021 with new, stronger concepts coming online, according to the Weitzman Group. For instance, 3.9 million square feet of retail space was leased in 2021 in contrast to the 4 million square feet of vacancies from 2020. Additionally, new retail construction is expected to reach 2 million square feet in 2022 after falling below 1 million square feet for the first time since 1990 in the prior year. In 2021, occupancy was the strongest in 32 years at 93.5 percent and is expected to increase to 95 percent in 2022.
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 Waters 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.
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
DFW Retail Centers:
Opportunities at Every Intersection Largest Retail Centers 1 Allen Central Market
17 Montgomery Plaza
2 Alliance Town Center
18 North East Mall
3 Arlington Highlands
19 NorthPark Center
4 Bardin Place Center
20 Ridgmar Mall
5 Casa Linda Plaza
21 Southlake Town Square
6 DFW Music City Mall
22 Stonebriar Centre
7 Fairview Town Center
23 The Parks at Arlington
8 Firewheel Town Center
24 The Shops at Clearfork
9 Galleria Dallas
25 Shops at Highland Village
10 Golden Triangle Mall
26 The Shops At Legacy
11 Grandscape
27 The Shops at RedBird
12 Grapevine Mills
28 The Shops At Willow Bend
13 Hillside Village
30 Town East Mall
14 Hulen Mall
29 Toyota Music Factory
15 Irving Mall
31 Village at Camp Bowie
16 Lewisville Towne Crossing
32 Watters Creek
National Retail Federation Top Retailers in Dallas-Fort Worth 2020 US Retail Sales ($B)
Rank
Company
Headquarters
Number of Stores
23
7-Eleven
Irving
$18.25
9,522
25
AT&T Wireless
Dallas
$17.02
1,880
54
Army & Air Force Exchange
Dallas
$7.90
896
55
J.C. Penney Co.
Plano
$7.53
683
76
Michaels Stores
Irving
$4.76
1,120
79
Exxon Mobil Corporation
Irving
$4.63
3,292
93
GameStop
Grapevine
$3.40
3,190
2022
COSTS & INCENTIVES | REAL ESTATE - RETAIL
10
25
16
1 22 32 Far North 26
7
Dallas
11
28 6
North Central Dallas
12 21
9
2 29
West Dallas
Suburban Fort Worth 20 31 24
Near North Dallas 19
15
Central 18 Fort Worth
8
5
Central Dallas
Mid-Cities
East Dallas Outlying 30
17
14
23 3 4
Southwest Dallas
Southeast Dallas
27 13
Major Retail Centers
Market View Market
Total Occupancy Rate
Retail Asking NNN Rent ($/SF)
96.8%
$23.68
2,015,953
94.6%
$14.88
313,577
96.6%
$15.84
77,898,697
4,026,025
94.8%
$18.35
Mid-Cities
72,945,415
4,842,609
93.4%
$17.38
Near North Dallas
26,397,024
1,467,183
94.4%
$14.46
Central Dallas Central Fort Worth East Dallas Outlying Far North Dallas
North Central Dallas
Net Rentable Area (SF)
Vacant (SF)
22,112,652
701,590
37,103,260 9,299,136
47,321,738
3,039,313
93.6%
$21.49
Southeast Dallas
21,002,588
847,444
96.0%
$13.65
Southwest Dallas
26,373,017
1,428,240
94.6%
$12.54
43,390,000
2,206,325
94.9%
$17.12
45,358,561
2,358,632
94.8%
$17.89
452,600,794
24,204,993
94.7%
$17.14
Suburban Fort Worth West Dallas Market Totals
Source: CoStar 2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
165
COSTS & INCENTIVES | CORPORATE BUSINESS CLIMATE
Corporate Business Climate The Dallas-Fort Worth area is home to a diverse array of corporate headquarters— and for good reason. The DFW region has tremendous assets that companies seek out when choosing where to locate. Recovery from the pandemic-induced recession has been uneven throughout the U.S. The Dallas-Fort Worth region not only weathered the downturn better than most other metro areas, but it has since recovered more quickly. Furthermore, difficult business climates in California, Illinois, and other heavily populated states are viewed in stark contrast to the operating environment throughout DFW and in Texas. Texas has won Site Selection Magazine’s Governor’s Cup nine consecutive times, while Area Development Magazine continues placing the Lone Star State on top for driving economic growth and attracting new businesses.
A Great Place to Do Business
DallasFort Worth
Texas
DFW Metro Region
Texas Corporate Income Tax Rate 5
0%
Personal Income Tax Rate 5
0%
Franchise Tax 5
0.75% 2
Sales Tax Rate 5
6.25% 3
Right To Work State 6
Yes
State Labor Force 7
14,398,693
Cost of Doing Business 8
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
99.02
CNBC State Business Rank 9
#4
CEO Magazine Business Climate Rank 10
#2
Cost of Living Index 11
103.5 (Dallas) / 96.5 (Fort Worth)
Housing Cost Index 11
102.7 (Dallas) / 83.1 (Fort Worth)
Average Price/SqFt for CBD Office 12
$35.83 (Dallas) / $27.84 (Fort Worth)
Average Price/SqFt for Suburb Office 12
$30.15 (Dallas) / $23.84 (Fort Worth)
Average Price/SqFt for Industrial 12
166
1
$5.37 (Dallas/Fort Worth)
TEXAS
California
Illinois
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%.
1 Special rates for S corporations and financial institutions. 2 Income brackets are adjusted annually for inflation. Plus millionaire tax (i.e., 1% surcharge on taxable income exceeding $1 million). 3 The State of California sales tax rate is 6% with an added mandatory local rate of 1.25% + local optional rate of up to 2.5%.
1 Additional 2.5% personal property replacement tax; 1.5% for S corporations, partnerships, and trusts. 2 0.1% (0.15%, 1st time or added paid-in capital) allocated paid-in capital. Min. $25; max. $2 million plus 0.10% 1st capital. The first $1,000 in liability is exempt. 3 State of Illinois sales tax rate is 6.25% + local rate of up to 4.0%.
2022
COSTS & INCENTIVES | CORPORATE BUSINESS CLIMATE
Chicago
San Francisco
Los Angeles New York
6,597,478 California
Illinois
New York
8.84% 1
7.0% 1
6.5% 1
1%-12.3% 2
4.95%
4% - 8.82%
0%
0.1% 2
.025% 2
7.25% 3
6.25% 3
4.0% 3
No
No
No
19,065,788
6,320,577
9,140,537
100.80
100.91
84.19
#33
#15
#22
#50
#48
#49
149.3 (Los Angeles)
194.1 (San Francisco)
123.3 (Chicago)
255.0 (Manhattan)
228.3 (Los Angeles)
341.0 (San Francisco)
159.0 (Chicago)
536.1 (Manhattan)
$37.00 (Los Angeles)
$81.02 (San Francisco)
$43.57 (Chicago)
$81.41 (New York City)
$26.50 (Los Angeles)
$59.10 (Mid-Peninsula)
$26.19 (Chicago)
$29.76 (New Jersey)
$10.50 (Los Angeles)
$20.47 (San Francisco)
$5.35 (Chicago)
$29.31 (NYC Outer Boroughs)
New York
All States
1 For taxpayers with an income base of over $5 million, the tax rate is 7.25% (through 2023). 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 Plus up to 4.875% local tax.
5 Source: Thomson Reuters 6 Source: National Conference of State Legislatures 7 Source: LAUS, BLS, Dec 2021 (preliminary, seasonally adjusted) 8 Source: 2022 Moody’s North American Business Cost Review, Q2 2021 (U.S. average = 100) 9 Source: CNBC America’s Top States for Doing Business in 2021
2022
10 Source: CEO Magazine’s 2021 Best and Worst States for Doing Business 11 Source: ACCRA Cost of Living Index, 2021 Annual Average Data (U.S. average = 100). Note: Results are for the MSA primary city 12 Source: JLL, Commercial Real Estate Rents, Q4 2021 Office and Q3 2021 Industrial
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
167
COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
State and Local Incentives The Dallas–Fort Worth area has a strong business culture. The municipalities within the region offer a variety of local incentive programs to expand or relocate businesses, ranging from tax abatements and tax increment financing to the development of infrastructure and freetrade zones. The programs help maintain the low cost of doing business, enabling job-creating companies to gain a competitive advantage. Programs vary by city but offer a breadth that can provide value for a variety of projects. Additionally, statewide programs, including the Texas Enterprise Fund, Events Trust Fund, Workforce Development, and Product Development and Small Business Incubator Fund, are in place to encourage companies that create jobs and drive innovation to set up shop in the Lone Star State.
Local Incentives Freeport Exemption: Property tax exemption offered by cities, school districts, and counties, or all three. Goods qualify if they leave Texas within 175 days from the date they are brought into or acquired in the state. Goods must be in Texas for assembling, storing, manufacturing, repair, maintenance, processing, or fabricating purposes. Economic Development Act (Chapter 313): An appraised value limitation may be extended to a taxpayer who agrees to build or install property and create jobs in exchange for an 10-year limitation on the taxable value of the property. The value limitation applies to the local school district maintenance and operations tax (M&O) portion of the property tax and a tax credit. Projects must be located in a reinvestment zone or enterprise zone. Tax Increment Financing District: A tool that local governments can use to public finance needed improvements to infrastructure and buildings within a designated area known as a Tax Increment Reinvestment Zone. The cost of improvements to the reinvestment zone is repaid by the future tax revenues of each taxing unit that levies taxes against the property. Tax Abatements: A local agreement between a taxpayer and a taxing unit that exempts all or part of the increase in the value of the real property and/or tangible personal property from taxation for a period not to exceed 10 years. Chapter 380/381 Agreements: Allow municipalities and counties to offer grants and loans for economic development or a variety of other economic incentives. Type A and B Economic Development Corporations: Cities located within a county of fewer than 500,000 residents can form economic development corporations and institute a sales tax, if the new combined tax doesn’t exceed 2 percent. Some cities in more populated counties may also participate under certain conditions. Type A is generally for industrial and manufacturing, while Type B is for quality-of-life projects. Voters must approve the creation of a Type A or Type B tax.
State Incentives Texas Enterprise Fund: TEF is among the largest “deal-closing” fund of its kind in the nation. The fund is a cash grant used as a financial incentive tool for projects that offer significant projected job creation and capital Investment where a single Texas site is competing with another viable out-of-state option for relocation or expansion. Funds
168
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
can be used for infrastructure development, community development, job training, and business incentives.
greater than current wages in the local market. Grants for a single business may be limited to $500,000.
Manufacturing Exemptions: Exemption from state sales-and-use tax is available for taxpayers who manufacture, fabricate, or process tangible property for sale. It generally applies to tangible personal property involved in the manufacturing process.
Governor’s University Research Initiative (GURI): GURI was enacted in 2015 with a goal of bringing the best and brightest distinguished researchers in the world to Texas. This matching grant program will enable eligible Texas academic institutions to build expertise in key research areas; attract and inspire students to pursue advanced degrees in math, science, engineering, and medicine; and foster innovation and commercialization in the State.
Natural Gas and Electricity Exemptions: Manufacturing companies may be exempt from paying state sales-and-use tax on electricity and natural gas used in manufacturing, processing, or fabricating tangible personal property. Data Center Exemption: This incentive allows data centers that meet certain conditions on or after Sept. 1, 2013, to qualify for an exemption on state sales-and-use tax on certain items necessary and essential to the data center operation. Research And Development Tax Credit: Companies can choose a state sales tax exemption for property purchased, stored, or used by a person engaged in qualified research or a franchise tax credit. Local communities can also consider providing a sales tax exemption for R&D using tools such as a Chapter 380 agreement. Skills Development Fund (SDF): SDF assists with customized job training. Businesses and trade unions must partner with a community or technical college, the Texas Engineering Extension Service, or a community-based organization working with one of these establishments. Businesses should have a training plan and pay wages that are equal to or
Texas Product Development And Small Business Incubator Fund (PDSBI): PDSBI is a revolving loan program to aid in the development, production, and commercialization of new or improved products and to foster and stimulate small business in the state. Loan proceeds can be used for a broad range of capital and operating expenditures. Applicants must have at least three years of operating history and have unencumbered assets available for collateral, Preference for funding is given to the state’s defined industry clusters including, but not limited to: nanotechnology, biotechnology, biomedicine, renewable energy, agriculture, and aerospace.
Federal Incentives Foreign Trade Zones: A restricted-access site located in or near a U.S. Customs Service port of entry that provides users, such as importers, manufacturers, and distributors, with costsaving benefits.
Developing areas The County Development District Sales Tax: Enables
counties of less than 400,000 residents to create county assistance districts and adopt local sales taxes. Eligible counties must not contain a 4A or 4B city or any transit authority territory.
Texas Capital Fund: Programs
within this fund provide financial resources to nonentitlement communities for public infrastructure or for real estate development needed to assist a business that commits to creating and/or retaining permanent jobs, primarily for low and moderate-income persons. The maximum award is $1,500,000 and may not exceed 50 percent of the total project cost.
The Rural Municipal Finance Program:
Assists in the economic development of rural areas. Eligible applicants include city and county governments, economic development corporations, hospital districts, rail districts, utility districts, special districts, agricultural districts, and private water and wastewater corporations.
2022
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.
Charles Schwab
Size: 500,000 s.f. Product type: Office Location: Westlake Details: Building 35a $100 million campus. Jobs: 1,200 new by 2026, potential for 5,000 Incentives: $6 million grant from the Texas Enterprise Fund. The Town of Westlake provided a 10-year property tax abatement plan that includes a 100 percent abatement in year one, scaling down to a 10 percent abatement in year 10. Denton County approved a 50 percent abatement on county ad valorem taxes over a 10-year period. Charles Schwab is required to invest at least $80 million in real property improvements and business equipment by 2022.
Ariat
Size: 1 million s.f. Product type: Industrial Location: Fort Worth Details: Regional distribution center in the AllianceTexas corridor with a $73 million capital investment. Jobs: 75 corporate and 375 indirect Incentives: Ariat received a $750,000 Texas Enterprise Fund grant as well as a local incentive package of up to $2 million from the city of Fort Worth.
Toyota
35E
Size: 1 million to 1.5 million s.f. Product type: Office Location: Plano Details: Headquarters relocation from California. Jobs: 4,000 Incentives: $40 million from the Texas Enterprise Fund, $6.75 million grant from the city of Plano, 50 percent property tax abatement for 2018-2027, and 50 percent tax rebate for 10 years after abatement.
PGA of America
Size: 100,000 s.f. Product type: Office Location: Frisco Details: Company is relocating its headquarters from Florida and anchoring a mixed-use development that includes multiple golf courses. Jobs: 100 Incentives: $1.5 million from the Texas Enterprise 75 Fund for the company, plus additional state and local funds for the mixed-use development.
121 35E
114
35W
Waterlogic
35W
Size: TBD. Product type: Office Location: Grapevine Details: New North American HQ and Center of Excellence with a $1.6 million capital investment. Jobs: 164 820 Incentives : Waterlogic received a $524,400 grant from the Texas Enterprise Fund.
Fort Worth
635
McKesson
Size: 500,000 s.f. 183 Product Type: Office Location: Irving Details: Expansion includes 161 of an existing the purchases office building in Irving for shared services operations. Jobs: 975 Incentives: $9.75 million from the Texas Enterprise Fund 360 and an additional $2 million in incentives from the city of Irving.
Size: Up to 2.5 million s.f. Product type: Data Center Location: Fort Worth Details: $1 billion Facebook data center campus in Alliance will eventually include five buildings and will be powered by 100% renewable energy. Jobs: 100+ Incentives: City grants on real and business personal property taxes over 20 years. A 10-year abatement of up to 60 percent of new real and business personal property value for Tarrant County taxes and 40 percent for Tarrant County Hospital District taxes. The site will also use the state sales tax incentive on data centers.
2022
Infosys Innovation Hub
75
Dallas 30
35E
Size: Adding to current 44K 78 s.f. 30 Product type: Office Location: Richardson Details: Expanding Richardson operations with a Technology Innovation Hub. Jobs: 500 Incentives: $3.1M from the 12 Texas Enterprise Fund, in addition to support from the city of Richardson.
20
20
80
175
20
Uber 35W
McLane Company
Size: 650,000 s.f. Product type: Industrial Location: Fort Worth Details: Regional wholesale grocery distribution center. Jobs: 550 Incentives: Five annual Chapter 380 grants, with a maximum annual program grant equal up to 50 percent of business personal property taxes collected by the city of Fort Worth in the previous year. Maximum estimated grant award of $363,250.
Size: 450,000 s.f. Product type: Office Location: Downtown Dallas Deep Ellum neighborhood Details: Uber will open an “HQ2”-style regional hub in the new Epic tower that will serve as the spine to support global offices and operations. Uber will make a capital investment totalling $75 million and will create a $400 million annual payroll. Jobs: 3,000 Incentives: Uber received $24 million from the Texas Enterprise Fund. Local incentives include an $8.6 million grant and $750,000 tax abatement from the city of Dallas and a $2.6 million tax abatement from Dallas County.
The Kroger Co.
Size: 360,000 s.f. Product type: Industrial Location: Dallas Details: Kroger will build its fifth Ocado automated fulfillment center on a 56-acre plot of land in the southern Dallas Inland Port area. Jobs: 400 Incentives: $5.7 million in property, business tax abatements and bond funds for the project from the city of Dallas.
Vistaprint
Size: 322,000 s.f. Product type: Industrial Location: Dallas Details: New manufacturing 45 operation. Jobs: 600 Incentives: $1.3 million in property tax abatements from the city of Dallas, plus a grant for workforce development programs.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
169
COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
Texas Enterprise Fund Recipients in the North Texas Region
North Texas Region
Region Totals (since 2003)
Total Recipients: 69 Total Grant Amount: $314.4 M Total Capital Investment: $9.76B Total New Jobs: 44,566 NOTE: Some awards and job totals may be divided between more than one region.
Listed from newest to oldest (*project has reached completion of TEF contract) Capital Investment
TEF Grant
City
Commercial Real Estate
460
$29,600,000
$3,450,000
Dallas
CBRE, Inc
Commercial Real Estate
550
$13,000,000
$3,300,000
Richardson
3
MD7, LLC
Telecommunications Consulting
218
$6,839,000
$773,000
4
Digital Realty
Real Estate/Data Centers
200
$126,717,841
$2,046,000
5
Wesco Aircraft Hardware Corp
Aerospace Mfg
239
$7,040,000
$1,826,400
Fort Worth
6
Ariat International, Inc
Equestrian Footwear & Apparel
75
$40,000,000
$750,000
Fort Worth
7
Freshpet, Inc.
Pet Food Manufacturing
427
$264,500,000
$2,138,000
8
Waterlogic USA, Inc.
Water Filtration Equipment Mfg.
164
$1,678,000
$524,400
9
Microsoft Corporation
Computer Software Publishing
575
$31,400,000
$4,874,850
Irving
10
Ericsson, Inc.
Telecom Equipment Mfg.
410
$134,000,000
$3,592,400
Lewisville
11
Ariat International, Inc.
Equestrian Footwear & Apparel
75
$40,000,000
$750,000
12
Uber Technologies, Inc.
Software Development
3000
$75,100,000
$24,000,000
13
Texas Instruments Incorporated
Semiconductor Manufacturing
488
$3,153,000,000
$5,124,000
14
Allstate Insurance Company
Insurance
1300
$11,000,000
$2,600,000
Irving
15
The Professional Golfers' Association of America
Trade Association
150
$30,000,000
$1,500,000
Frisco
16
Infosys Limited
IT Consulting & Services
500
$12,300,000
$3,075,000
Richardson
17
Vistaprint Manufacturing Texas LLC
Printing Services
144
$84,420,000
$1,118,800
Dallas
18
CORE West, Inc.
Construction
97
$4,000,000
$970,000
Frisco
19
Smith & Nephew, Inc.
Advanced Medical Tech
100
$29,100,000
$730,000
Fort Worth
20
Gartner, Inc.
IT Research and Advisory
800
$12,400,000
$3,900,000
21
Golden State Foods Corp.
Liquids (Sauces, Dressings, et
150
$19,600,000
$900,000
22
Cognizant Technology Solutions
IT, Consulting and Business Pr
1090
$8,452,000
$2,105,880
23
Louis Vuitton U.S. Manufacturing, Inc
Leather Goods Manufacturing
204
$29,807,000
$851,700
24
Pei Wei Asian Diner, LLC
Limited Services Restaurant
100
$1,500,000
$500,000
Irving
25
NTT Data, Inc.
Data Processing Services
6377
$28,800,000
$7,500,000
Plano
26
Ryder Intergrated Logistics, Inc.
Transportation & Supply Chain
205
$5,308,000
$1,050,000
Fort Worth
27
Lone Wolf Real Estate Technologies
Software Publishers
150
$3,450,000
$862,500
Dallas
28
Jacobs Engineering Group Inc.
Engineering Services
111
$4,000,000
$1,332,000
Dallas
29
OKI Data Americas, Inc.
Printers & Peripheral PC Equip
104
$3,580,000
$895,000
Irving
30
Sabre GLBL, Inc.
Travel Arrangement and Reservations
500
$37,900,000
$5,000,000
31
Jamba Juice Company
Retail Smoothie Company
126
$2,000,000
$800,000
32
Thomson Reuters
Software Publishers
250
$6,154,889
$1,538,000
Carrollton
33
McKesson Corporation
Pharmaceutical Distribution
975
$157,000,000
$9,750,000
Irving
34
Galderma Laboratories, L.P.
Pharmaceuticals
343
$22,000,000
$2,052,000
Fort Worth
35
Kubota Tractor Corporation
Agricultural Machinery Manufacturing
344
$57,000,000
$3,800,000
Grapevine
36
Active Network LLC
IT Services
1000
$13,000,000
$8,600,000
Dallas
37
Omnitracs LLC
IT Services
450
$10,000,000
$3,900,000
Dallas
38
Toyota Motor North America, Inc.
Automotive HQ Relocation
3650
$345,000,000
$40,000,000
Plano
39
USAA*
Insurance
680
$31,400,000
$1,000,000
Plano
40
Kohl's Department Stores
Management of Retail Operations
144
$54,900,000
$864,000
Dallas
41
TEKsystems Global Services*
IT Outsourcing Services
500
$4,865,000
$400,000
Irving
42
Pactiv
Plastic Product Manufacturing
200
$58,000,000
$930,000
Corsicana
43
Ferris Manufacturing
Medical Equipment Manufacturing
80
$5,500,000
$420,000
Fort Worth
44
GE Transportation
Locomotive Manufacturing
330
$96,000,000
$2,100,000
Fort Worth
45
Klein Tools
Hand Tool Manufacturing
585
$18,000,000
$2,800,000
Mansfield
46
TDAmeritrade
Financial Services
490
$11,000,000
$1,200,000
Fort Worth
47
Coll Materials
Plastics Recycling
111
$5,900,000
$200,000
Waco
48
Golden Living (GGNSC)
Health Care Facilities
100
$8,400,000
$2,100,000
Plano
49
VCE*
Computer Systems/IT
130
$40,000,000
$1,000,000
Richardson
50
Health Management Systems (HMS)
Health Care Data Services
350
$17,687,439
$1,600,000
Irving
51
Consolidated Electrical Distributors (CED)
Electrical Components Wholesale
120
$3,300,000
$1,200,000
Irving
52
Nationstar Mortgage*
Mortgage Lending
400
$2,000,000
$560,000
Lewisville
53
Frito-Lay
IT for Food Manufacturing
125
$4,500,000
$1,125,000
Plano
54
Vendor Resource Management
Financial Services
275
$4,600,000
$750,000
Industry
1
CBRE, Inc
2
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Allen Dallas
Ennis Grapevine
Fort Worth Dallas Richardson
Irving
Source: Texas Economic Development Corporation and the Governor’s Office of Economic Development and Tourism
170
Direct Jobs
Company
Burleson Irving Johnson County
Westlake Frisco
Carrollton
2022
CHOOSEGRAPEVINETX.COM Located in the heart of North Texas, Grapevine is home to headquarters for world-class companies like Gamestop, Kubota, and Paycom. With direct access to one of the world’s busiest cargo and passenger ariports and unlimited rail access to both Dallas and Fort Worth by 2024, it’s easy to see why.
"There is no better place in Dallas to make connections, grow your career, and invest in our community than The Real Estate Council." TREC CHAIR KIM BUTLER, HALL GROUP
Imagine. Empower. Impact. 2022
Join TREC today and Build the City You've Imagined. RECOUNCIL.COM 214.692.3600 PHONE 3100 McKinnon Street No. 1150, Dallas, TX 75201 D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
171
COSTS & INCENTIVES | LOCAL, STATE, AND FEDERAL INCENTIVES
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
Source: US Dept of Treasury
172
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
Mount Pleasant, TX is a micropolitan city located two hours east of downtown Dallas on Interstate 30. The city is home to international manufacturers & national retailers. Mount Pleasant offers a certified industrial park on Interstate 30, continued investments in infrastructure, & plans for large mixed-use developments. As a diverse lake community with a thriving Main Street downtown, robust medical center, & diversified employment base, the live-work balance has never been easier.
Nathan Tafoya, CEcD 903.717.7241 nathan@mpedc.org
Wide open for business.
61 square miles of planning area on U.S. Highway 75 near the intersection of 5 of the region’s major highways.
• Top 10 fastest-growing cities in North Texas for 4 consecutive years
ANNA
• 45 minutes from DFW Airport and Dallas Love Field, and 15 minutes
75
from McKinney National Airport • Ample land available for industrial, retail, medical, commercial
380
and residential uses
McKinney
• Nearly 14,000 new single-family homes are projected within a 5-mile radius over the next 5 years
Plano
Come explore Anna’s pro-business mindset and learn how Dallas-Fort Worth’s next stop for northern expansion is your canvas for future growth and opportunity.
DFW INTERNATIONAL AIRPORT
75 DALLAS LOVE FIELD AIRPORT
For more information: Joey Grisham Director of Economic Development 214-831-5394 joey@opportunityannatx.com
121 5
DALLAS
Living & Lifestyle
Photo: Dana McCurdy
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
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
175
LIVING & LIFESTYLE | COST OF LIVING Seattle (152.7)
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—provide a strong edge for companies that operate here to recruit talent.
San Francisco (194.1)
Denver (113.5)
Los Angeles (149.3) Phoenix (103.9) San Diego (147.2)
Fort Worth (96.
San
MISC. GROCERIES
HOUSING
UTILITIES
Boston
If you lived in one of these cities and moved to Dallas, here’s how your cost of living would change.
-16%
-54%
-13%
-18%
TRANSPORTATION
HEALTH CARE
MISCELLANEOUS COMPOSITE
Chicago +21%
-4%
For example, housing costs in Dallas are 54% lower than in Boston
-6%
Los Angeles +14%
-25% -35%
COMP.
3%
-13%
1%
-30% -55%
Source: C2ER
176
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
100=U.S. Average Boston (153.2)
Minneapolis (102.9) New York (Manhattan) (255.0) Philadephia (109.8)
Chicago (123.3)
LIVING & LIFESTYLE | COST OF LIVING
.5)
C2ER Cost of Living Index
Washington DC (158.1)
Kansas City (93.7)
Charlotte (94.8)
Atlanta (105.0)
Dallas (103.5)
Austin (101.2)
n Antonio (91.5)
Houston (94.1)
Miami (117.1)
Fort Worth
Dallas +10%
+.1%
MISC.
-16.9%
-6.9%
New York +7%
-4.3%
2022
+7.4%
+3.5%
MISC.
COMP.
San Francisco +3%
-34% -51%
+11.9% -10.3%
San Diego
-8%
-32%
-81%
-1.6%
-3.5%
+2%
-24%
+9.9%
COMP.
Seattle +4%
-34%
+2.7%
+4.6%
For example, housing costs in Dallas are 51% lower than in Seattle
-18%
-12%
-32% -53%
-9%
-18%
-25%
-37% -70%
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
177
LIVING & LIFESTYLE | MARKET TAPESTRY
Dallas– Fort Worth Market Tapestry Defining the “character” of the region sometimes involves segmentation. Segmentation systems suggest that people with similar tastes, backgrounds, and lifestyles gravitate toward and connect with one another. The market tapestry map presents areas within DFW where people with various similar characteristics and backgrounds tend to cluster.
The market tapestry is a fascinating snapshot of lifestyle choices. Based on demography and geography, the main purpose of this type of data is targeted marketing efforts, but the high-level picture of types of neighborhoods and the people who live in them based on the activities and expenses of those people is a compelling story all on its own. Some segments develop as a result of age, some show up as a result of income, and still others result from ethnic influence.
ESRI’s Tapestry Segmentation shown on the map combines the “who” of lifestyle demography with the “where” of local neighborhood geography to create a model of various lifestyle classifications or segments of actual neighborhoods with addresses—distinct behavioral market segments. To create this map, U.S. census tracts are divided into 65 distinctive segments based on socioeconomic and demographic characteristics to provide an accurate, detailed description of U.S. neighborhoods. These segments are then grouped into the 14 Tapestry Segmentation LifeMode Summary Groups, which are characterized by lifestyle and lifestage and share an experience such as being born in the same time period or a trait such as affluence.
Source: ESRI Business Analyst
178
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
Median Net Worth
Households
Percentage of DFW Households
AFFLUENT ESTATES
Established wealth — educated, well-travelled married couples
$132,800
$770,800
496,749
17.7%
$107,200
$354,100
93,204
3.3%
$94,600
$68,500
161,475
5.8%
$83,000
$243,900
728,360
12.6%
$69,100
$205,700
168,241
6.0%
$65,400
$212,600
111,992
4.0%
$59,500
$79,800
589,251
21.0%
$56,300
$62,700
170,423
6.1%
$52,700
$153,300
49,083
1.8%
$49,100
$116,000
106,158
3.8%
$41,400
$13,700
287,097
10.2%
$38,800
$39,900
87,301
3.1%
$42,300
$14,100
129,156
4.6%
$35,900
$11,800
23,764
0.8%
UPSCALE AVENUES
Prosperous married couples living in older suburban enclaves.
UPTOWN INDIVIDUALS
Young, successful singles in the city.
FAMILY LANDSCAPES
Successful young families in their first homes.
LIVING & LIFESTYLE | MARKET TAPESTRY
Median Household Income
GEN X URBAN
Gen X in middle age; families with fewer kids and a mortgage.
COZY COUNTRY LIVING
Empty nesters in bucolic settings.
SPROUTING EXPLORERS
Young homeowners with families.
MIDDLE GROUND
Lifestyles of thirtysomethings.
SENIOR STYLES
Senior lifestyles reveal the effects of saving for retirement.
RUSTIC OUTPOSTS
Country life with older families in older homes. Esri, US Census Bureau, Infogroup
MIDTOWN SINGLES
Millennials on the move— single, urban.
HOMETOWN
Growing up and staying close to home; single householders.
NEXT WAVE
Urban dwellers; young, hardworking families.
SCHOLARS AND PATRIOTS
Highly mobile college and military populations. 2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
179
LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
Housing Costs The local housing market’s strength during global economic fluctuations is due to a combination of a lower cost of living (compared with other major metropolitan areas) and a diverse economic base that has kept unemployment figures 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 2021 in the Dallas-Fort Worth area as determined by North Texas Real Estate Information System.
Sources: North Texas Real Estate Information Systems, Inc Quarterly NTREIS Economic Report
180
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
$287,501-$390,950
$390,951-$540,000
$540,001-$840,000
> $840,000
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
2022
$100,001-$287,500
181
LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
Housing Choices When it comes to convenience and charm, the Dallas and 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.
How much house can I buy? 3,5 CE
3 BEDS 3.1 BATHS
00
DA
SQ
RH
ILL
5,9
$499,000 1,6 3
CO
FT
5 BEDS 4.1 BATHS
ING Q F T
YV
SQ ILL
E
FT
$1,050,000 2 ,6
9S
IRV
25
LLE
89
HU
RS
SQ
T
FT
Housing photos provided by CENTURY 21 Judge Fite Company.
3 BEDS 2.1 BATHS
$229,900 4 ,0
04
PL
4 BEDS 3.1 BATHS
182
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
AN
$795,000
4 BEDS 2.1 BATHS
SQ
O
$389,900 3, 2 RIC
FT
4 BEDS 3.1 BATHS
07
HA
SQ
RD
SO
N
FT
$560,000 2022
DA
4 BEDS 5.2 BATHS
LL A
5,1 75
S-P
RE
MC
64 K IN
RO
2022
HO
SQ
NE
Y
CK
LLO
AL
SQ LL
LA
S
QF
FO
T
RT
2 ,0
WO
91 S
RT
H-D
QF
OW
W
3 BEDS 2.1 BATHS
$475,000 3, 2 NO
FT
4 BEDS 4 BATHS
WA
$330,000
1,9 17 D S
FT
$575,000 1,7 81
3 BEDS 2 BATHS
ON
$1,545,000 2 ,6
4 BEDS 3 BATHS
ST
SQ
RT
TH
3 BEDS 2.1 BATHS
HL
SQ
AK
E
08
EC
OL
$555,000
PIL
FT
3 BEDS 3 BATHS
SQ
ON
Y
N
SQ
PO
IN T
FT
$895,000 WA
5 BEDS 3.1 BATHS
40
OT
3,5 FT
T
OW
$745,000 2 ,6
$743,000 2 ,2
FT
95
2 BEDS 2 BATHS
NT
LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
Photos provided by CENTURY 21 Judge Fite Company
53
XA
HA
SQ
CH
IE
FT
$750,000
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
183
LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
New Home Sales Top 25 ZIP Codes (2021)
18
Ranked by number of new home sales
6 2
25 15
10 11
9
3
8
5 4 7
23
24
22
1 20 19
16 17
13 21
12
14
Number of Sales & Average Sale Price by ZIP code Zip Code (Primary City)
184
Number of Sales
Average Sale Price
Zip Code (Primary City)
Number of Sales
Average Sale Price
FUTURE LOTS 1-285 286-1,080
1 75126 (Forney)
810
$347,634
14 76048 (Granbury)
220
$312,731
2 76227 (Aubrey)
471
$419,539
15 75071 (McKinney)
211
$507,201
3 75407 (Princeton)
406
$310,236
16 75159 (Seagoville)
179
$291,982
4 76052 (Haslet)
368
$388,750
17 76036 (Crowley)
176
$358,507
5 75189 (Royse City)
335
$344,161
18 75409 (Anna)
176
$296,477
6 75009 (Celina)
277
$544,022
19 76126 (Benbrook)
162
$429,882
7 76179 (Saginaw)
263
$355,195
20 76008 (Aledo)
160
$498,945
8 76226 (Argyle)
251
$580,347
21 76049 (Granbury)
154
$366,184
9 76247 (Justin)
242
$405,697
22 76087 (Hudson Oaks)
153
$448,902
55-123
10 75078 (Prosper)
230
$626,546
23 76082 (Springtown)
152
$379,485
124-220
11 75068 (Little Elm)
227
$458,081
24 76120 (N.E. Fort Worth)
151
$306,024
12 76165 (Waxahachie)
222
$382,878
25 75454 (Melissa)
144
$455,383
13 76065 (Midlothian)
222
$459,213
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
SOURCE: MetroTex Association of REALTOR®s from the MLS, Mar 2021-Feb 2022
1,081-2,500 2,501-5,000 5,001-13,900
VACANT DEVELOPED LOTS 1-16 17-54
221-528 SOURCE: Zonda, 2020
2022
Say Yes to Dallas, where living means thriving. sayyestodallas.com @sayyestodallas
Photo by Michael Samples
LIVING & LIFESTYLE | HOUSING COSTS AND CHOICES
Apartment Costs Apartment dwelling in the DFW area will match your preferences. All types and sizes are found throughout our region. Communities range from traditional apartment complexes to luxury high-rise buildings to large-scale communities with every bell and whistle imaginable. 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 $585-$1,215 $1,216-$1,520 $1,521-$1,865 $1,866-$2,554 $2,555-$3,972
Source: RealPage
186
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
LIVING IN THE DALLAS REGION
PICKING THE IDEAL LOCATION YIELDS A FRUITFUL FUTURE. 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. The DALLAS® Newcomer and Relocation Guide is an essential tool for getting to know the region. Explore stories from new locals who chose the region to start or continue a career, to raise a family, and to experience one of the most vibrant and affordable places in the nation.
City of Coppell · P.O. Box 9478, Coppell, Texas 75019-9478 972-304-3677 · coppelltx.gov
It’s an insider’s guide to getting the lay of the land in Dallas-Fort Worth:
COMMUNITIES GETTING AROUND
NEW CAMPUS … NEW HORIZONS for students from 100 zipcodes
EDUCATION HOUSING CULTURE SPORTS ENTERTAINMENT HIDDEN GEMS PARKS & OUTDOORS JOBS HOSPITALS MOVING CHECKLIST ESSENTIALS AND MORE READ THE DIGITAL EDITION: dallasinnovates.com/RELOCATION
Enrolling Fall 2022 2
Shelton School and Evaluation Center Early Childhood – Grade 12
Since 1976 … changing the way the world thinks about learning differences 17301 Preston Road, Dallas, TX 75252 • shelton.org
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
187
LIVING & LIFESTYLE | LIVE-WORK-PLAY
Live-Work-Play in Dallas-Fort Worth Modern developments in every corner of the Dallas-Fort Worth region make the transition of a move to DFW easier than ever. These wellthought-out living centers make it possible to have an insta-community, where you literally walk from the place you live to shopping, dining, entertainment, green space, public transport, and sometimes even your workplace. Imagine how much time that frees up and how flexible your schedule becomes—not to mention the social opportunities it affords. In Dallas-Fort Worth, you’re lucky enough to have many options for this new style of living. We highlight just a few notable locations. Many more are in the process of being built.
1
3
4
Mockingbird Station
West Village
Victory Park
Bishop Arts
Centered around a park & ride DART Station. Houses an Angelika Theatre, restaurants, shopping, loftstyle offices, and dwellings.
Pioneering walkable district in the heart of Uptown. Accessed by DART and the M-Line Trolley. Magnolia Theatre joins scene-packed dining and unique retail.
Anchored by the American Airlines Center with a crowd-gathering screenfilled plaza. High-rise living is upscale and serviceoriented.
Built in the 1920s around Dallas’ busiest trolley stop. Recent redevelopment maintains the vintage artsy character with 160 shops and restaurants.
Dallas
5
Dallas
6
Dallas
7
Dallas
8
Main Street District
Cedars/Southside
West 7th
Sundance Square
Downtown Dallas’ urban revival at its best. Preserved buildings let hotels pair with residences. Active nightlife and dining.
Beginning with the conversion of a former Sears distribution center into lofts, the area has grown into a haven for artists, hip bars, and urban dwelling. Alamo Drafthouse, Gilley’s, and Lorenzo Hotel are anchors.
The former headquarters of Acme Brick is now a pedestrian-friendly urban entertainment district not far from downtown, near TCU.
Park free on the 35 blocks of brick-paved streets in Downtown Fort Worth. Features restored turn-ofthe-century buildings and an expansive plaza.
Dallas
9
Frisco Square
Frisco
Incorporates Frisco’s City Hall and public library along with shopping, apartment buildings, and office space.
188
2
Dallas
10
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.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Fort Worth
11
Addison Circle
Fort Worth
12
Watters Creek
Addison
Allen
You’ll remember it for the giant blue steel sculpture in the center of a roundabout. You’ll visit for events like Kaboom Town and Oktoberfest.
The first LEED-certified retail complex in Texas offers open-air shopping, dining, office space, and apartments along with weekend concerts and events.
2022
LIVING & LIFESTYLE | LIVE-WORK-PLAY
Downtown Denton
McKinney Urban Village
20
Frisco Square
Downtown McKinney
9 The
Gate
Frisco Station The Star Legacy West Grandscape Highland Village
12 Watters Creek
10 Legacy Town Center
15
17 Downtown Plano
Parker Square
18
Cityline Amli Galatyn Station
Addison Circle
Downtown Roanoke
14
Downtown Grapevine
13 Alliance Town Center Water Street
Firewheel Town Center
Brick Row
Downtown Carrollton
19
Southlake Town Square
16 Eastside
11
Cypress Waters
Village At Rowlett
Preston Hollow Village
Park Lane Place
Rockwall Commons
1 Mockingbird Station Viridian Trinity River Vision West 7th
7
West Village/Cityplace 2 Victory Park 3 Trinity Groves/West Dallas 5
Deep Ellum
Main St 6 Cedars/Southside
Bishop Arts 4 District
8 Sundance Square
Lower Greenville
Arlington City Center
Magnolia Avenue
Lancaster Urban Village Duncanville Main Street Desoto Town Center
Downtown Mansfield Downtown Burleson
13
14
15
16
Alliance Town Center
Southlake Town Square
Parker Square
Eastside
National large retailers compliment grocery stores, a Cinemark movie theater, casual restaurants, and residential complexes.
The city re-created a modern old-time town square with City Hall and a post office in the center of sidewalk shopping and eating.
Newly-built, but antique-looking storefronts surround a park with a gazebo. Also home to the campus of North Central Texas College.
Next to a DART line for a downtown commute and the Telecom Corridor. Services and a variety of dining options onsite could render you car-free.
Fort Worth
17
Southlake
18
Richardson
Flower Mound
19
20
Downtown Plano
Downtown Roanoke
Cypress Waters
Downtown McKinney
Named as one of America’s best downtowns, it includes a vibrant community of urban living, arts, unique shops, and restaurants.
The town’s established Oak Street and plaza has been redesigned, but maintains the historic downtown feel.
This thousand-acre planned community sits around a 36-acre lake near Coppell. Includes one of the nation’s first “net-zero” elementary schools.
The revamped original historic town square sits in the middle of quaint shops, local restaurants, and entertainment venues.
Plano
2022
Roanoke
Dallas
McKinney
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
189
LIVING & LIFESTYLE | SCHOOLS - PUBLIC EDUCATION
Schools - Public Education
190
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Slidell ISD 344 | 956
Pilot Point ISD 1,362 | 1007
Sanger ISD 2,569 | 989
Chico ISD 588 | 915 Aubrey ISD 2,644 | 1101
Krum ISD 2,101 | 1047
Decatur ISD 3,429 | 1014
Paradise ISD 1,216 | 1053
Argyle ISD 3,795 | 1152
Boyd ISD 1,267 | 1032 Northwest ISD 25,383 | 1040 Poolville ISD 557 | 1025
Eagle MountainSaginaw ISD 21,245 | 1065
Weatherford ISD 8,024 | 1044
Lake Worth ISD 3,311 | 938 Castleberry ISD White Settlement ISD 3,617 | 899 6,701 | 949 Aledo ISD 6,723 | 1150
Fort Worth ISD 76,858 | 925
21
30
Little Elm ISD 8,108 | 948 Lake Dallas ISD 3,871 | 1069
4
15
59
Arlington ISD 56,840 | 972
Kennedale 52 ISD 2,885 | 1031 Everman ISD 5,648 | 885 Mansfield ISD 35,127 | 1043
22
28
34
42
51
Crowley ISD 15,731 | 923
17 7 16 23 36Grand Prairie ISD 57
55
Joshua ISD 5,490 | 965
Godley ISD 2,443 | 1048
1 1
1
Cedar Hill ISD 7,253 | 939
L DeSoto ISD 7,929 | 897
Red O 6,00 Venus ISD 2,197 | 1020
Midlothian ISD 9,838 | 1046
Alvarado ISD 3,565 | 997 Keene ISD 1,082 | 1007
Tolar ISD 806 | 1072
Cleburne ISD 6,859 | 1010
Glen Rose ISD 1,921 | 1077
12
28,230 | 962 Duncanville ISD 11,748 | 968
Burleson ISD 12,547 | 1044
Granbury ISD 7,469 | 1060
F 63
Lewisville ISD 49,361 | 1162
48
44 45 5
25
29 47
Coppell CarrolltonCarroll 33 35 ISD Farmers Branch IS ISD 13,052 | 1278 24,858 | 995 8,324 | 1265 40 Grapevine53 Colleyville ISD Keller ISD 13,935 | 1159 34,319 | 1110 9 Hurst-EulessBedford ISD 58 22,962 | 1108 Birdville ISD Irving ISD 26 22,736 | 1062 46 32,682 | 894
Springtown ISD 3,619 | 1071
Azle ISD 6,685 | 1076
Pr 19
Denton ISD 30,267 | 1065
Ponder ISD 1,585 | 1108
Bridgeport ISD 2,051 | 1044
Source: Texas Education Agency
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 145,000 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 27 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, Lipan ISD along with the School for the Talented 413 | 1111 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 Texas Academy of Biomedical Sciences (Fort Worth). In 2021, four area schools were recognized as Blue Ribbon Schools increasing the total number of awards to 49 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 77,000 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 five leadership academies impacting nealy 3,000 students made possible by a partnership with the Texas Wesleyan School of Education and authorized by Texas Senate bill 1882, the Texas Partnership Opportunity.
Alvord ISD 709 | 1067
Waxahachie 9,679 | 10 Grandview ISD 1,342 | 1089
Maypearl ISD 1,161 | 1095
Rio Vista ISD 770 | 1098
A Italy ISD 621 | 1090
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.
2022
49
43
39 6
38
32 31 24
Farmersville ISD 1,884 | 1069 Princeton ISD 5,818 | 1023
Allen ISD 21,617 | 1221
14
Wolfe City ISD 641 | 1040
Bland ISD 724 | 1068 Greenville ISD 5,277 | 1013
Lovejoy ISD 4,206 | 1254 Community ISD 2,757 | 939
Wylie ISD (Collin) 17,482 | 1066
Plano ISD 50,154 | 1235
Caddo Mills ISD 1,992 | 1002
54
37,787 | 1132
Boles ISD 497 | 983
Royse City ISD 6,886 | 1042
37 Richardson ISD
11
Celeste ISD 494 | 1088
McKinney ISD 23,398 | 1142
41
Frisco ISD 3,493 | 1203
SD
Blue Ridge ISD 888 | 993
Melissa ISD 4,104 | 1101
rosper ISD 9,138 | 1117
7
Rank
Anna ISD 3,979 | 1006
Celina ISD 2,962 | 1121
Garland ISD 53,921 | 972
Highland Park ISD (Dallas) 6,648 | 1297
10 50 18 2 8 3 13 Dallas ISD 19 145,113 | 931
56
Quinlan ISD 2,592 | 1061
Rockwall ISD 16,987 | 1144 Sunnyvale ISD 2,025 | 1120 Mesquite ISD 38,527 | 945
Terrell ISD 4,728 | 1011
Forney ISD 12,765 | 1060
20 27 Crandall ISD 4,868 | 1059
Lancaster ISD 7,176 | 917
Oak ISD 01 | 939
e ISD 081
Kaufman ISD 4,025 | 975
Ferris ISD 2,586 | 993 Scurry-Rosser ISD 1,073 | 1002
Palmer ISD 1,246 | 1028
Kemp ISD 1,654 | 961
Mabank ISD 3,544 | 1052
Legend Ennis ISD 5,836 | 1024
ISD Name
2021 Enrollment | 2020 SAT Score
District Boundaries
North Texas School District Ratings, 2019
Avalon ISD 332 | 962
A
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
4
B
C
5
F
District Characteristics Each district has a unique profile. Visiting district websites and reading the expanded district profiles at SayYesToDallas.com will reveal their distinct features and offerings.
Charter Schools In 1995, the 74th Texas Legislature passed legislation giving the state the authority to create open-enrollment charter schools. These schools are subject to fewer state laws than other public schools and support the idea of ensuring fiscal and academic accountability without undue regulation of instructional methods or pedagogical innovation. Like school districts, charter schools are monitored and accredited under the statewide testing and accountability system.
2022
School
City
1
13
School For The Talented And Gifted (TAG)
Dallas
2
15
Irma Lerma Rangel Young Women's Leadership School
Dallas
39
School of Science and Engineering Magnet (SEM)
Dallas
4
117
Young Women's Leadership Academy
Fort Worth
5
126
Westlake Academy
Westlake
6
931
Imagine International Academy of North Texas
McKinney
101
Grand Prairie Fine Arts Academy
Grand Prairie
8
59
Judge Barefoot Sanders Law Magnet
Dallas
9
149
Uplift Education - N orth Hills Prep HS
Irving
10
218
Booker T. Washington SPVA
Dallas
11
249
Highland Park HS
Dallas
12
394
Rosie Sorrells School of Edu and Social Services HS
Dallas
13
255
School of Health Professions
Dallas
14
362
Lovejoy HS
Lucas
15
311
Uplift Summit International HS
Arlington
16
127
Trinidad Garza Early College At Mountain View
Dallas
17
159
Grand Prairie Collegiate Institute
Grand Prairie
18
495
Dr. Wright L Lassiter Jr Early College HS
Dallas
19
230
School of Business and Management
Dallas
20
348
Barack Obama Male Leadership Academy
Dallas
21
350
Texas Academy of Biomedical Sciences
Fort Worth
22
909
Harmony School of Innovation - Forth Worth
Fort Worth
23
675
Young Women's Leadership Academy at Arnold
Grand Prairie
24
542
Liberty HS
Frisco
25
423
Wakeland HS
Frisco
26
447
Uplift Williams Preparatory HS
Dallas
27
611
Kathlyn Joy Gilliam Collegiate Academy
Dallas
28
738
Founders Classical Academy
Lewisville
29
520
Reedy HS
Frisco
30
758
Fort Worth Academy of Fine Arts
Fort Worth
31
825
Centennial HS
Frisco
32
847
Independence H S
Frisco
33
606
Coppell HS
Coppell
34
1054
Harmony Science Academy - Carrollton
Carrollton
35
1063
New Tech HS at Coppell
Coppell
36
1550
John Dubiski Career HS
Grand Prairie
37
1959
International Leadership of Texas - Garland HS
Garland
38
1252
Heritage HS
Frisco
39
1503
McKinney Boyd HS
McKinney
40
1154
Keller HS
Keller
41
1798
Allen HS
Allen
42
1607
Uplift Infinity HS
Irving
43
1407
McKinney North HS
McKinney
44
1305
James M Steele Accelerated HS
Roanoke
45
1165
Byron Nelson HS
Trophy Club
46
1198
Harmony Science Academy - Euless
Euless
47
1646
Frisco HS
Frisco
48
1920
Flower Mound HS
Flower Mound
49
1841
Prosper HS
Prosper
50
909
Uplift Peak Preparatory HS
Dallas
51
1223
TCC South/Fort Worth Collegiate High School
Fort Worth
52
1249
International Leadership of Texas - Arlington
Grand Prairie
53
1654
iUniversity Prep
Grapevine
54
1698
Wylie HS
Wylie
55
1737
Mansfield HS
Mansfield
56
1789
Rockwall HS
Rockwall
57
1860
Cedar Hill Collegiate HS
Cedar Hill
58
1956
Jack E Singley Academy
Irving
59
1876
Young Men's Leadership Academy
Fort Worth
Commerce3ISD 1,462 | 1065
Campbell 7 ISD 287 | 1026
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
LIVING & LIFESTYLE | SCHOOLS - PUBLIC EDUCATION
U.S. News & World Report Best High Schools (2021)
191
LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION
Schools Private Education
Private High Schools Ranked by 2021-22 Tuition* 1 Greenhill School**, $36,240
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
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Source: Texas Private School Accreditation Commission and School websites
Parents send their children to private schools for a variety of reasons. Some select private schools for religious or philosophical reasons. Others value smaller class sizes and individualized attention for their children. Then there are parents who are focused on the highest possible learning standards, advanced placement courses, and rigorous college preparation that leads to enhanced academic opportunities. The Dallas-Fort Worth area offers a variety of private institutions—some religious, some secular, and some with special niches. Well-known institutions include St. Mark’s School of Texas (Dallas), Hockaday School (Dallas), Greenhill School (Addison), Episcopal School of Dallas, Yavneh Academy of Dallas, Fort Worth Country Day School, and Trinity Valley School (Fort Worth).
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50
Shelton School**, $36,050 Alcuin School, $35,645 St. Mark’s School of Texas, $34,862 The Hockaday School, $34,350 The Episcopal School of Dallas, $34,075 The Winston School Dallas, $33,830 Parish Episcopal School**, $33,050 Yavneh Academy, $28,560 Trinity Christian Academy Addison**, $27,830 The Oakridge School, $26,680 Fort Worth Country Day, $26,650 All Saints Episcopal School Fort Worth**, $25,420 The Cambridge School of Dallas**, $25,300 Dallas International School**, $25,300 Bending Oaks School, $25,000 Trinity Valley School, $24,920 Ursuline Academy of Dallas, $24,900 Lakehill Preparatory School, $24,850 Vanguard Preparatory School, $24,000 Cistercian Preparatory School**, $23,800 Prestonwood Christian Academy (Plano), $23,376 The Novus Academy, $23,185 Hill School of Fort Worth**, $22,990 Fairhill School, $22,900 The St. Anthony School , $22,800 The Westwood School Upper School Campus**, $22,642 Jesuit College Preparatory School, $22,165 The Covenant School of Dallas, $21,990 Covenant Christian Academy, $21,990 Southwest Christian School**, $21,850 Legacy Christian Academy**, $21,600 The Selwyn School, $21,330 Dallas Christian School**, $21,194 The Key School, $20,800 Bishop Lynch High School, $20,700 Prince of Peace Christian School Carrollton**, $20,300 Fort Worth Christian School**, $19,760 John Paul II High School, $19,650 Liberty Christian School, $19,638 Grapevine Faith Christian School**, $19,250 The Clariden School**, $19,204 Nolan Catholic High School, $18,390 Yorktown Education, $18,000 E.A. Young Academy, $17,900 Covenant Classical School, $17,495 Dallas Academy**, $17,485 Bishop Dunne Catholic High School, $16,737 The Highlands School, $16,250 Northstar School, $15,900
51 52
McKinney Christian Academy**, $15,750 Cristo Rey Dallas College Prep, $15,725
*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
2022
LIVING & LIFESTYLE | SCHOOLS - PRIVATE EDUCATION
Legend Private School 51
32
33 40
22 37 42
39
10
23
26
41
45
25 2 27 29 20 8 15 28 9 16 3 5 14 6 7 4 1
21
30
38
44
18
49
47 19
34
36
43
46
52
11
13 12 31
17
35 24
48 50
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
2022
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.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
193
LIVING & LIFESTYLE | ARTS, CULTURE, AND ENTERTAINMENT
The Dallas-Fort Worth region has several major arts districts. The Dallas Arts District, anchored by the Dallas Museum of Art, Morton H. Meyerson Symphony Center, and AT&T Performing Arts Center, is nearly 70 acres—the largest contiguous urban arts district in the country. Here you can catch a performance of Texas Ballet Theater, a Broadway touring production, classical or local musicians, a night of live storytelling, TED talks, movies and music under the stars, festivals, art exhibits, and so much more. The Fort Worth Cultural District claims five internationally recognized museums, including the Kimbell Art Museum, the Amon Carter Museum of American Art, and The Modern. Beyond the fantastic cultural centers, the region is home to hundreds of smaller museums and public galleries, scores of professional and community theaters, and dozens of local symphony and chamber orchestras, dance troupes, and opera associations. Dallas-Fort Worth is Texas’ most arts-intensive metro area on a per capita basis—a great deal of money per person goes to cultural arts. No matter what artistic pursuits you enjoy, you can find them here. You could spend every weekend in our arts districts and never run out of new things to do.
Photo: Michael Samples
Arts, Culture, & Entertainment
Modern Art Museum of Fort Worth
Museums of Dallas-Fort Worth African American Museum Amon Carter Museum Cavanaugh Flight Museum The Children’s Aquarium at Fair Park Dallas Heritage Village
Bass Performance Hall Casa Mañana Charles W. Eisemann Center Circle Theatre Dallas Black Dance Theatre Dallas Children’s Theater Dallas Summer Musicals The Dee and Charles Wyly Theatre Grapevine Opry Irving Arts Center Kalita Humphreys Theater Latino Cultural Center Majestic Theater The Margot and Bill Winspear Opera House Moody Performance Hall Morton H. Meyerson Symphony Center The Patty Granville Arts Center Texas Ballet Theater
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Dallas Museum of Art Fair Park Fort Worth Museum of Science & History Frontiers of Flight Museum Heritage Farmstead
Photo: Michael Mcgary
Ballet Folklorico
Dallas Holocaust Museum
Turtle Creek Chorale - Dallas
International Bowling Museum & Hall of Fame Kimbell Art Museum The Meadows Museum Modern Art Museum of Fort Worth Museum of the American Railroads Nasher Sculpture Center National Cowgirl Museum and Hall of Fame National Scouting Museum National Soccer Hall of Fame Perot Museum of Nature & Science The Sixth Floor Museum at Dealy Plaza The Trammell & Margaret Crow Collection of Asian Art
Photo: DVisit Dallas
Music and Theater of Dallas-Fort Worth
Dallas Black Dance Theatre
2022
Photo: Perot Museum of Nature and Science
LIVING & LIFESTYLE | ARTS, CULTURE, AND ENTERTAINMENT
Photo: Nigel Young, Foster + Partners
Margot and Bill Winspear Opera House
Perot Museum of Nature and Science
Dallas Arts District Dallas Museum of Art Nasher Sculpture Center Crow Collection of Asian Art Morton H. Meyerson Symphony Center The Perot Museum of Nature and Science The AT&T Performing Arts Center: The Margot and Bill Winspear Opera House The Dee and Charles Wyly Theatre Moody Performance Hall Annette Strauss Artist Square
Fort Worth Cultural District Amon Carter Museum of American Art Kimbell Art Museum & Renzo Piano Pavilion Darnell Street Auditorium Modern Art Museum of Fort Worth Casa Mañana National Cowgirl Museum and Hall of Fame
2022
Photo: Nasher Sculpture Center
Nasher Sculpture Center
Fort Worth Museum of Science and History Fort Worth Community Arts Center W.E. Scott Theatre
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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LIVING & LIFESTYLE | PARKS AND RECREATION
Parks and Recreation The Dallas-Fort Worth region offers a bevy of recreational opportunities with several lakes and state parks featuring boating, water sports, hiking trails, and options for mountain and road biking. The sports scene is enormously popular, as well.
Parks and Nature Centers
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
1
Cedar Hill State Park Cedar Hill
Green Space
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
4
2
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
2 5
Fort Worth Stock Show and Rodeo Mesquite Rodeo Stockyards Championship Rodeo
1
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) Complexity Gaming (esports organization) Dallas Cowboys (NFL) Dallas Jackals (Major League Rugby) Dallas Mavericks (NBA) Dallas Rattlers (Lacrosse) Dallas Sidekicks (Soccer) Dallas Stars (NHL) Dallas Wings (WNBA) Envy Gaming (esports organization) FC Dallas (Major League Soccer) Frisco Fighters (Indoor Football League) Frisco RoughRiders (Minor League Baseball) Lone Star Brahmas (Minor League Hockey) OpTic Gaming (esports organization) Texas Elite (Women’s Football) Texas Legends (NBA Development League) Texas Rangers (MLB)
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
3
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 PHOTO: CITY OF PLANO
4
Meadowmere Park 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
2022
5
Trinity Park Fort Worth
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
3
6
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
6 7
Walking, running, hiking, and biking are popular here, and we’ve got plenty of places to explore outdoors. The city of Dallas has more than 150 miles of hike and bike trails—and outside the city, where urban life gives way to more pastoral pursuits, you’ll find so many more. The Katy, Santa Fe, and White Rock trails are lovely paved paths, but if a walk (or ride) in the woods is more to your liking, it’s only a matter of effort. Certified Master Naturalist Bill Holston recommends Cedar Ridge Preserve in South Dallas for its wooded hills and wildlife; Dogwood Canyon in Cedar Hill for its hilly terrain and flowering trees in spring; and Oak Point Park and Nature Preserve in Plano for its creeks, ponds, and easy-to-follow routes.
Popular Trails 3
1 2
4 6
5 9
8
10
7
SOURCE: DRC Research
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 n Accessible by M-Line Trolley,
DART, and D-link
Arbor Hills Nature Preserve
2022
12
Klyde Warren Park Dallas
LIVING & LIFESTYLE | PARKS AND RECREATION
North Texas Trails
7
11 13 15
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
14
16
Erwin Park Frisco NW Community Park Trail Knob Hills Arbor Hills Northshore Trail Katie Jackson Squabble Creek Rowlett Creek Preserve Horseshoe Harry Moss Park L.B. Houston Nature Trails River Legacy Oak Cliff Nature Preserve Boulder Park Big Cedar Goat Island Preserve D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
197
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Project Pipeline Significant Projects Future Projects
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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PROJECT PIPELINE | SIGNIFICANT PROJECTS
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.
The Stack
1 Cypress Waters Cypress Waters is a 1,000-acre development for office, commercial, and residential use. The Billingsley Co. property has become a magnet for a variety of enterprises, including 7-Eleven, Nokia, and Toyota Industries Commercial Finance headquarters. In 2022, leading home décor retailer At Home began construction of its new 260,000-squarefoot corporate headquarters, including a 78,000-square-foot design center.
3 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 district in Arlington known as TexasLive! The new Live! by Loews resort sits in walking distance to the Dallas Cowboy’s AT&T Stadium, the Esports Stadium Arlington, and the anticipated National Medal of Honor Museum scheduled to break ground in mid-2022. An $810M Phase II of Texas Live! broke ground in October 2021 and will include an additional 888-room hotel and convention center by Loew’s with 200,000 square feet of meeting space.
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
AT&T Discovery District
The Epic
2 Downtown Dallas AT&T’s $100M upgrade to its headquarters facility includes the new Discovery District, making Dallas’ Central Business District a destination attraction. Close by, The National, a redevelopment of the 52-story First National Bank Tower, brings 1.5 million square feet of new mixed-use activity. The East Quarter (E.Q.), an urban neighborhood revival effort, has attracted some of the most innovative startups in the region. E.Q. connects the CBD core with Deep Ellum, a historic neighborhood known as a premier destination for live music, nightlife, and now for mixed-use developments. For instance, The Epic tower project is the new home of Uber’s regional office. Nearby, The Stack is a new 16-story project that attracted shipping services giant Worldwide Express and insurtech company Bestow in 2021. In February 2022, Dallas Mavs owner Mark Cuban announced he would build an $11 million generic drug manufacturing facility in Deep Ellum.
4 PGA of America The $500 million, 600-acre PGA of America headquarters project in Frisco is scheduled to open in early 2022. The office facility will also offer many training elements of both the indoor and outdoor variety. The adjacent $520 million Omni PGA Frisco Resort is anticipated to open in spring 2023 with 510 luxury guest rooms. The Resort will also include an enormous putting green dubbed “The Dance Floor” and a fully lit, 10-hole short course known as “The Swing.” But the big draw will be the 550 acres and 36 holes of championship golf on two courses that are already committed to host 26 PGA of America championship events in their first 12 years of operation.
5 Hidden Ridge Employees of Pioneer Natural Resources recently moved into their new 1.1-million-square-foot headquarters in Hidden Ridge. Verizon—which is developing Hidden Ridge—is building 5G technology into the property, to improve digital connectivity for site occupants. When complete, Hidden Ridge will include 3 million square feet of office space, 80,000 square feet of retail/restaurants, more than 1,000 residential units, a 200-room boutique hotel, and a dedicated Dallas Area Rapid Transit (DART) station. Phase II will house six new buildings offering 490,000 square feet of office and 30,000 square feet of retail space.
2022
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Grandscape
Legacy West
UNT Frisco
6 121 & Dallas North Tollway Grandscape, recently earning the title of “Most Innovative Retail and Entertainment Project” at the Global RLI Awards in London, is a $1.5 billion, 433-acre mixed-use development in The Colony. Though the project is anchored by a 560,000-squarefoot Nebraska Furniture Mart, the project boasts many unique entertainment options including a 180-foot tall Grandscape Wheel, an adults-only mini-golf concept, Puttery, and an immersive group gaming experience, Electric Gamebox. Legacy West is a $3 billion mixed-use development 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 and the Box Garden 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. The HALL Group has announced a $7 billion transformation to expand campus usage with a 154-room boutique hotel, a 19-story apartment building, a food hall, and a signature urban park. Close by, the University of North Texas is building a 100-acre campus. The $100 million project includes academic and administrative buildings, student housing, and a library.
2022
7 RedBird Mall The first phase of the $200 million, 95-acre RedBird Mall redevelopment project is slated for completion in 2022 and will include new office, retail, and residential components. The 300-unit Palladium RedBird apartment building was completed in 2021. Health organizations have opened operations on site, including Children’s Health, UT Southwestern and Parkland Hospital. And Atlantabased Chime Solutions—a customer contact center—occupies 80,000 square feet employing 1,000 workers. The next project to break ground will be a combination Courtyard by Marriott and Residence Inn hotel.
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PROJECT PIPELINE | SIGNIFICANT PROJECTS
Legacy Central
8 Castle Hills Castle Hills is a 2,900-acre masterplanned community recently annexed by the city of Lewisville. Crown Center, a 135-acre mixed-use project and final Castle Hills development, will include up to 2,000 multifamily units, 3 million square feet of office space, and up to 500 hotel rooms in this $1.5 billion effort. The Realm at Castle Hills is a $1.5 million mixed-use project across the highway from Crown Centre that offers an upscale blend of multi-family, office, and retail with additional uses on the way.
202
The Farm
District 121
9 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 restaurant, retail, and office buildings. The Farm, a recently-announced 135-acre mixed-use development in Allen, proposes 1.6 million square feet of office, 142,000 square feet of retail, a hotel, 60,000 square feet of restaurants, over 2,400 townhome and residential units, and 32 acres of open space. In McKinney, Kaizen Development Partners plans an eight-story, 200,000-square-foot office building in District 121, a $250 million, 18-acre mixed-use development adjacent to Craig Ranch. Hub 121, a nearby 85,000-square-foot entertainment development, will offer retail, restaurants, a music pavilion, and a 6,000-square-foot event space within walking distance.
10 EpicCentral
11 Klyde Warren Park
12 Southern Gateway Park
EpicCentral is a 172-acre mixed-use park site development located in Grand Prairie. Currently, the area is home to the Grand Prairie Public Safety Building, Epic Waters Indoor Waterpark, The Summit recreation center for adults ages 50+, The Epic multi-use community facility, and Playgrand Adventures, an all-inclusive playground. Grand Prairie broke ground on the next phase of the project in October 2021 with a convention center and two connecting hotels—a Hilton Garden Inn and a Homewood Suites—with a $50 million price tag. An additional $16 million investment from the city will go toward the construction of six restaurant spaces. The entire project centers around a large outdoor space for events, concerts, and community programming.
Since its opening in 2012, the Klyde Warren deck park not only has served as a destination attraction for visitors from around the world, but also as a unifying element for neighborhoods throughout Dallas. Klyde Warren Park also physically connected downtown with Uptown, opening up tremendous opportunities for economic development. The 1.7-acre Phase 2.0 will expand on these successes with important new features: an iconic water fountain that will offer nightly light shows; an expanded Children’s Park to accommodate a growing demand for family-friendly spaces; the relocation of My Best Friend’s Park to provide more and shadier space for dogs (and their owners); a 37,000-square-foot multiuse venue for festivals and markets; and a 24,000-square-foot event space, including a roof terrace with unparalleled views of downtown Dallas.
Phase One of the $172 million, five-acre deck park over I-35E is slated to open in late 2023 as the centerpiece of a $670 million TxDOTled highway reconstruction project. The Southern Gateway Park will be augmented by the nearby Dallas Zoo’s planned 7-acre adjacent park that will ultimately help stitch together Oak Cliff neighborhoods cleft by the opening of the freeway in 1960. Among other features, the park will offer a stage pavilion and a 15,000-square-foot lawn for performance events. A “12th Street Promenade,” or “La Calle Doce,” will thread through the park passing by a restaurant/retail complex with healthy food options and educational elements like “history stairs,” an amphitheater for school use, and an escarpment wall displaying neighborhood art and stories.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2022
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PROJECT PIPELINE | FUTURE PROJECTS
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 ensure that Dallas-Fort Worth is at the forefront of industry and livability. The future of the metro area is rife with innovative developments, impactful architectural feats, and continually improved design to strengthen the region’s appeal.
1 Museum Place Fort Worth
Museum Place is a $250 million mixeduse development that will quickly become a focal point in Fort Worth’s popular Cultural District. Crescent Real Estate broke ground on the city-backed project in September 2021. Completed, the project will include 168,000 square feet of office space, a 200-room boutique hotel, 170 luxury apartments, and a 26,000-square-foot spa and fitness center by Canyon Ranch on 11 acres across from the Modern Art Museum of Fort Worth.
4 DFW Airport Terminal Improvements
In 2018, DFW Airport officials authorized construction of Terminal F—the sixth terminal at the fourth-busiest airport in the U.S.—that will host up to 30 new gates. While the project is on hold until pre-pandemic demand returns, DFW is focusing on a related project to renovate Terminal C, the airport’s busiest. The $4.5 billion worth of projects will employ the latest technology to improve the passenger experience. Additionally, with more than 5,200 acres available for commercial use, DFW Airport is transforming into a hub for commerce.
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D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
2 Collin Creek Mall Redevelopment
Plano’s first major shopping center, Collin Creek Mall, opened to great fanfare in 1981. Now Centurion American Development Group will transform this prime real estate into a phased $1 billion mixed-use project that will become a live-work-play destination. Phase I of the redevelopment project broke ground in September 2021 and will ultimately produce 6,000 new residences comprising apartment units, townhomes, and senior independent living.
5 DART Silver Line -
Plano to DFW Airport
DART’s Silver Line is a $1.89 billion rail line that will connect Plano commuters to DFW International Airport. The line follows the route of the old Cotton Belt Railroad freight line and will stretch 26 miles from east Plano to DFW’s Terminal B with an additional 8 new stations in between. The new route opens up opportunities for new and enhanced transit-oriented development with planned stops at Cypress Waters in Irving, downtown Carrollton, the Addison Transit Center, and CityLine in Richardson.
3 Trinity River Project Dallas
The Trinity River Project includes flood control, environmental restoration, economic development, and recreational elements within a 2,000-acre floodplain near the heart of downtown Dallas. Completed efforts include improving existing levees, constructing two signature Calatrava-designed bridges, converting a vehicular bridge to a community gathering place, and spurring development in West Dallas. Groundbreaking for the 200-acre Harold Simmons Park is expected in mid-2022.
6 Dallas International District
A public-private partnership will fund the International District initiative, the location of a re-imagined former mall site in North Dallas. At the heart of the development will be a 20-acre park, The Commons. As a Civic Innovation Smart Zone, the district will leverage best practices in smart cities and eco-friendly design. Two significant partner agency efforts include NCTCOG’s support for an automated transportation system, and the Dallas ISD/Texas A&M – Commerce plan to create a pre-K-12 STEAM Academy with a global perspective.
2022
Sherman
PROJECT PIPELINE | FUTURE PROJECTS
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NewPark – A Smart District
SoGood at The Cedars
7 NewPark–A Smart District & SoGood at The Cedars Hoque Global and KDC are developing NewPark–A Smart District, 20 acres of prime developable land adjacent to Dallas City Hall. NewPark is slated to become a major tech and educational hub with over 1 million square feet of office space, 200,000 square feet of retail space, thousands of residential units, a four-star hotel, and a 1 million-square-foot educational campus focusing on pre-K through post- secondary. Phase one will include One NewPark, a 38-story, 825,000-square-foot mixed-use tower. Just south of I-30 near downtown Dallas, Hoque Global will develop 15 acres of former industrial land sitting in an Opportunity Zone into a mixed-use neighborhood called SoGood at The Cedars. The first phase of this project announced in 2021 will be the construction of a 266-unit apartment complex—The Chloe at SoGood—on a former Pilgrim’s Pride plant site. 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.
2022
8 Texas Instruments
Biomedical Center
UT Southwestern Medical Center and UT Dallas broke ground in November 2021 on the 150,000-square-foot Texas Instruments Biomedical Engineering and Sciences Building. The schools have partnered to help solidify North Texas as a hub for biomedical innovation. The new facility will provide wet and dry laboratory space and areas designated to promote multidisciplinary interactions. A Biodesign Center will feature a large assembly/design studio, a metal fabrication shop, and rooms for 3D printing.
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PROJECT PIPELINE | FUTURE PROJECTS
9 Field Street District
206
10 Texas Instruments -
11 Texas A&M Fort Worth
Construction is scheduled to begin in 2022 on the first of two towers in the $1 billion, 6-acre mixed-use project. Due to its central location, the Field Street District’s office and residential high rises present an opportunity to connect six distinct neighborhoods in downtown Dallas by focusing on parklike 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.
At full build-out, the 4.7 million-squarefoot Texas Instruments semiconductor fabrication plant on a 500-acre site in Sherman will be the largest electronics production facility in Texas and among the largest manufacturing plants of any kind in the nation. Announced in November 2021, the 300-millimeter semiconductor wafer fabrication plants— or fabs—could result in a potential $30 billion investment from TI. The facility could also support as many as 3,000 jobs once complete. Production from the first fab is anticipated as early as 2025.
The Texas A&M University System plans to build a new research campus in downtown Fort Worth. Announced in November 2021, the campus represents the culmination of discussions among university and local government officials, as well as industry leaders to create a hub for research, education, and workforce training. With an estimated $250 million price tag, the Tier One research university campus will include a proposed Research and Innovation Center and will be located next to the Fort Worth Convention Center and Water Gardens.
12 Dallas Convention Center
13 The Fields
14 Panther Island
In February 2022, the Dallas City Council approved plans for a new $2 billion convention center. Under the proposed plan, the current facility would be torn down and a new, 2.5 million-square-foot convention center would be built with a number of related development goals. In addition to opening up underutilized land for better use, the project would result in connecting downtown to The Cedars and surrounding neighborhoods to the south, much the same as Klyde Warren Park did for Uptown. The new facility could have elevated ballrooms with downtown views and an enhanced urban landscape. Depending on the final orientation, the new convention center will have access to the Texas Central high-speed rail terminus in The Cedars neighborhood.
Straddling portions of Denton and Collin counties, the massive 2,500-acre Fields concept is an intentional design based on the principles of a 15-minute city where living and lifestyle is not car‑dependent. Hunt Realty Investments purchased the bulk of the property which abuts the PGA of America headquarters project and is nearby the new UNT Frisco campus. Up to 5,000 single-family, 8,500 multifamily, and 1,000 student housing units will be constructed within nine “villages.” The first, Brookside, will deliver homes in late 2022 kicking off with Frisco officials have termed “the first multigenerational neighborhood” in the city. A chain of lakes along Panther Creek will connect the villages with potential corporate campuses and destination leisure and entertainment options.
After many cycles of Congressional negotiations, the U.S. Army Corps of Engineers has secured the $400 million in federal funding necessary to begin flood control measures that will create Panther Island. A new channel will ultimately connect two sections of the Trinity River creating the island. Although development activity has already begun on the land in question, Fort Worth officials have envisioned Panther Island as creating an atmosphere similar to the River Walk in San Antonio. The $1.1 billion project calls for a highdensity, mixed-use urban waterfront that will 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.
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
Sherman Facility
Campus
2022
De La Vega Development is planning an urban mixed-use development on 27 acres along Central Expressway just east of Uptown. The project features 2,000 multifamily residential units, 2.5 million square feet of office space, and 110,000 square feet of retail space. A centerpiece 3.5-acre park will be integral to the nature-inspired architecture and design themes. The first phase of the plan will consist of 350,000 square feet of office space, nearly 29,000 square feet of retail and restaurant space, and StreetLights Residential’s 350-unit apartment project.
17 Trinity Mills Station
16 Northend
Redevelopment
Northend, an 11-acre, 3.5 million square foot mixed-use redevelopment proposal from Hunt Realty Investments would include five buildings surrounding a large public park. One of the proposed buildings would be 83 stories, potentially becoming the second tallest building in Dallas. In addition, the development would include 900 high-rise apartments and a 500-room luxury hotel. Hunt Realty has indicated that the central park will face the downtown skyline as a centerpiece around which the development will revolve, deeming it an “urban arboretum.”
Trinity Mills Station is the largest publicly owned transit-oriented development in North Texas at an important connection point between two transit systems— DART and Denton County’s A-Train. The city of Carrollton has begun infrastructure work and developer, Koa Partners, will break ground on the $54 million Phase I in Spring 2022. The 25-acre mixed-use project will include a 125,000-squarefoot, six-story office building, a five-story residential building, 10,000 square feet of retail space, and an open-air park running the length of the property between office buildings and luxury apartments.
PROJECT PIPELINE | FUTURE PROJECTS
15 The Central
The BIGGEST Deal In Texas. Ever.
• $30 Billion Investment • 3,200 Jobs • 1 Thriving Industrial Community
2022
D A L L A S REGIONAL ECONOMIC DEV E L O P M E N T G U I D E
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REGIONAL MAP
Gainesville
CLAY
COOKE
MONTAGUE
JACK
WISE
DENTON Sanger
Alvord
Chico Krum Denton
Decatur Lake Bridgeport
Cro
DENTON MUNICIPAL AIRPORT
Bridgeport
Oak Po
Ponder
Runaway Bay Paradise
Corinth DISH
New Fairview Boyd
Springtown Reno
Graford Sanctuary
Rhome
Flower Mound Roanoke Trophy Club
Newark FORT WORTH ALLIANCE AIRPORT
Pecan Acres CDP Pelican Bay Eagle Mountain CDP Azle Eagle Mountain Lake
Westlake
Haslet
Lakeside Cool
PALO PINTO
Weatherford
Millsap
Grapevine
Keller
DFW INTERNATIO AIRPOR
Colleyville Watauga North Richland Hills
Saginaw
Lake Worth
Euless
Bedford
Haltom Hurst City Richland Hills
FORT WORTH MEACHAM INTERNATIONAL AIRPORT
NAS FORT WORTH JOINT RESERVE River BASE
Oaks White t Settlemen Westover Hills
Willow Park Hudson Oaks
FORT WORTH
Annetta North Annetta
Grapevine Lake Southlake
Blue Mound
Mineral Wells
Northlake
Double Oak
Aurora
Briar CDP
Hickory C Copper Canyon Highland Village Bartonville
Argyle Justin
Aledo Benbrook
Annetta South
Pantego
Arlington
Forest Hill
Edgecliff Village
Gr Pra
Dalworthington Gardens ARLINGTON MUNICIPAL AIRPORT
Kennedale Everman
PARKER TARRANT HOOD JOHNSON
Gordon
Crowley
FORT WORTH SPINKS AIRPORT
Rendon CDP
Mansfield
Burleson
Cresson
Lipan
ERATH
Briaroaks
Oak Trail Shores CDP
Cross Timber
Granbury
Godley
Joshua Venus
De Cordova Bend Keene
Alvarado
Tolar Pecan Plantation CDP
Cleburne
M
Grandview Glen Rose
Stephenville
Dublin
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SOMERVELL
BOSQUE
Rio Vista
HILL 2020
Denison
Sherman
LAMAR
GRAYSON Pilot Point
FANNIN
COLLIN Anna
HUNT
Weston
Celina
Blue Ridge
Aubrey
DELTA
Wolfe City
Celeste
Melissa
Krugerville Commerce Prosper
oss Roads
New Hope McKinney
oint
McKINNEY NATIONAL AIRPORT
Little Elm Frisco
Shady Shores
Neylandville Princeton
Lowry Crossing
Farmersville
Campbell
Fairview Greenville
Creek Lewisville Lake
Allen
Hebron
Lewisville
Caddo Mills
Josephine
Parker
Plano
HOPKINS
Lucas
The Colony
St. Paul
Murphy
Nevada Lavon
Wylie
Lone Oak Royse City
ROCKWALL
Sachse
Richardson
Carrollton
Coppell
Addison
Garland
Farmers Branch
Lake ROCKWALL MUNICIPAL Ray AIRPORT Hubbard Rockwall
Rowlett
ONAL T DALLAS University LOVE Park FIELD
Irving
Highland Park
White Rock Lake
Union Valley
Fate
Quinlan Hawk Cove
Heath
rand airie
Mountain Creek Lake
Mesquite
DALLAS
KAUFMAN
MESQUITE METRO AIRPORT
Forney
Terrell
Balch Springs Talty
DALLAS EXECUTIVE AIRPORT
Seagoville Hutchins
Duncanville
Joe Pool Lake
Cedar Hill
RAINS
McLendonChisholm
Sunnyvale
Cockrell Hill
West Tawakoni
LancasterLANCASTERWilmer
DeSoto
REGIONAL AIRPORT
Glenn Heights
DALLAS
Ferris
Ovilla
Kaufman
Oak Grove
ELLIS
Red Oak Oak Leaf
Combine
VAN ZANDT
Oak Ridge
Post Oak Bend City
Crandall
Scurry
Pecan Hill
Midlothian
Rosser
Cottonwood Grays Prairie
Kemp
Palmer Waxahachie Mabank
Garrett
HENDERSON
Ennis
Maypearl Alma Bardwell Rice
Athens
Italy Emhouse Kerens Milford Blooming Grove Frost
Barry
NAVARRO
Goodlow
Corsicana Retreat Oak Valley
2020
Powell
Mildred Mustang Angus
Eureka Navarro
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