Economic Development Update

Posted by: Erica Flores, Economic Development

The Dallas Regional Chamber’s Strategic Plan, launched in 2010, identifies the DRC’s primary role: economic development.  Every DRC  initiative will support the Dallas region’s economic growth, thus fulfilling our mission:

Together, we will lead the Dallas region to become the most economically prosperous region — and the most desirable place to live and work — in the United States.

The DRC’s economic development team, including industry clusters and  innovation, as well as business information and research, work vigorously to help support that mission.  Each month we’ll provide an update on these initiatives and projects that support our strategic plan goals.


CURRENT ACTIVITY

Nancy Davis, Director of Economic Development, will be visiting Chicago this week  to visit with several site location consultants.

Economic Development representatives from area communities and Blueprint Investors will meet with California-based business relocation coach Joseph Vranich on March 7th.

Planning is underway for a Welcome Reception honoring companies that relocated their headquarters to the Dallas area as well as Dallas area companies that have had a CEO change in the past year.


RELOCATIONS & EXPANSIONS

“U.S. Concrete to move headquarters from Houston to Euless” – Dallas Business Journal, February 2012
U.S. Concrete plans to relocate its headquarters from Houston to Euless, where it will co-locate with its regional headquarters of Redi-Mix Inc.

“Nissan opens new training center in Irving” – Fort Worth Star Telegram, February 2012
Nissan North America has opened a new $2 million, 25,000 SF training facility in Irving that double the number of trained services technicians.

“Trucking company moving its headquarters to Fort Worth” – Star Telegram, February 2012
Tulsa-based LinkAmerica, a traditional over-the-road trucking company, anticipates creating about 100 jobs and relocating 40 positions with its HQ move.

“FAA to build $160M HQ on Alliance land” – Dallas Morning News, January 2012
The Federal Aviation Administration is planning to move its southwest regional headquarters and Air Traffic Organization’s central service center to about 45 acres of Hillwood Properties land near Alliance Town Center.

“Kohl’s confirms DeSoto distribution center” – Dallas Business Journal, January 2012
Kohl’s  is set to build a 951,000 SF fulfillment center  at Interstate 35 and Centre Park Boulevard at Hillwood’s Crossroads Trade Center in DeSoto.

“Christus Health to bring 650 jobs to Irving in HQ move” – Dallas Business Journal, January 2012
After a four-city search, Christus Health will consolidate its corporate offices in Irving in a move that will add about 650 jobs in North Texas.

“Telecom firm says it will build huge Dallas-area data center” – Dallas Morning News, January 2012
CyrusOne, a subsidiary of Cincinnati Bell,  will develop the 700,000 SF data center in Carrollton making it the largest data center facility in Texas and one of the largest in the United States.


ACCOLADES

Texas No. 1 for State Exports for 10th Consecutive Year
Dallas Business JournalLink

Texas No. 1 State for Business
Chief Executive MagazineLink 

Dallas-Fort Worth ranks No.4 as top moving destination – Penske Truck Rental Survey
Dallas Business JournalLink

The Best Cities for Manufacturing – Dallas ranked 15th
Forbes.com - Link

Texas No. 1 – 2011 Top State Business Climate Rankings
Site SelectionLink 

CyberCoders Top 10 Cities for Tech for 2012 – Dallas ranked 4
MarketWatchLink

Milken Best-Performing Cities 2011 – Dallas in top 25
The Milken InstituteLink

Four U.S. Cities Classified as Having ‘World Class’ Recoveries (including DFW)
The Brookings InstitutionLink

DFW Metro is the Southwest’s Largest Wholesale Trade Center – US Conference of Mayors 2012 Outlook
The United States Conference of MayorsLink

Texas in Top 10 – State Business Tax Climate
Tax FoundationArticle Link

16 of top 20 fastest growing mature cities will be in North America – DFW ranked at 10 – Growth 2012 -2020
Jones Lang LaSalleArticle Link

Forbes Names Tech Wildcatters 10 Hottest Startup Incubators
Forbes.comArticle Link

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Filed under Business Information and Research, Dallas, DFW, Economic Development, Industry Clusters, Innovation and Industry Clusters, Member Engagement, President's Office, Strategic Plan

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