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Dallas Economic Development

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Dallas Economic Development

Dallas welcomes you to do business in our city, the ideal location for reaching U.S. customers. Our access to markets, a talented workforce and low operating costs, make Dallas a favorite for corporate headquarters, distribution and professional services.

There are 46 Fortune 1000 companies headquartered in the metro area and Dallas itself is home to over 100 corporate headquarters that each employ over 1,000 people globally. The region is home to the U.S. or North American headquarters for leading global companies including Samsung Telecommunications, 7-Eleven, Ericsson, Research in Motion, Accor and Essilor. Dallas is also the proud home to major U.S. firms like AT&T, Exxon Mobil, Brinker International, Texas Instruments, Comerica Bank and Southwest Airlines.

Dallas offers a premium quality of life for international staff and families. Dallas’ leading health care, educational, cultural and recreational assets make it easy to live well and do business in the U.S. Dallas is an international city with dynamic and growing immigrant communities supporting many cultural or ethnic-based schools and businesses. A quarter of the population is foreign born and the city boasts a diverse religious community and media outlets in Spanish, Chinese, Korean, Hindi and Vietnamese.

Invest in Dallas

As domestic and international businesses continue to grow within the Dallas area, investing in the city continues to add to our strengths and our diversity. Investing in Dallas offers unique opportunities for centralized distribution throughout North America, opportunities for culture expansion, for educational enrichment, and for increased international trade and commerce.

The strategic location of the International Inland Port of Dallas (IIPOD) builds on Dallas's strength as a logistical center to furthering international business commerce, as the city features the International Inland Port of Dallas (IIPOD).

The competitive advantages for investing in Dallas also include:

  • Dallas is part of the 4th largest metro area and 4th largest economy in the US
  • Dallas is the largest metro economy in Texas, 12th largest in the world ($300 billion+) and 9th richest by per capita income
  • Average annual growth of 229 residents and 112 jobs every day for more than 50 years
  • General unemployment rate below national average
  • Young and highly educated work force
  • Ranked 3rd in U.S. corporate headquarter locations with 14 Fortune 500 company headquarters (25 in DFW)
  • International logistics and transportation hub – Central location leveraged by transportation assets (DFW Airport, IIPOD, 5 interstate highways, 3 class-one rail lines, 3 rail intermodals)
  • Technology (234,000 high tech jobs)
  • Balanced economy (no sector over 20%)
  • Low cost of living/doing business

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  • Destination Dallas
  • Central Location

Reaching your business operations, markets and suppliers is easy. Dallas is connected to the world by two class I railroads, five interstate highways and DFW International Airport, the third busiest global airport. Dallas has air access to 135 cities domestically and 38 internationally and is less than three and a half hours by air to all of North America's major business centers including: New York, Los Angeles, Mexico City, Toronto, Chicago and Atlanta. Dallas is also the heart of a North Texas economy with over 6 million residents and 3 million jobs. Downtown/ Uptown Dallas is the metro area's largest employment center (134,000 jobs) and the focal point of the regional transit rail system, DART. The city is home to 31 light rail stations (43 by 2011). Dallas Love Field, just minutes from downtown provides 121 daily non-stop flights. With this connectivity, local business is best done from a Dallas address.

  • Cost of Living

Dallas' costs of living and doing business set it ahead of other leading U.S. cities. Dallas' overall cost of living is 92% of the national average. Combined with low taxes and reasonable real estate costs, this helps businesses and households make more of their income, improving the business bottom line and the individual's quality of life. 

  • Infrastructure

Dallas has the transportation, utility and communications systems to ensure easy access to your markets whether global or local. A combination of airports, railroads and highways move people and goods quickly and cheaply in and out of the region. Public transit continues to grow with four rail lines serving downtown Dallas alone. Dallas was ranked by Forbes Magazine in 2008 as one of America's most wired cities with the sixth highest broadband penetration rate in the nation. Dallas water utilities provides over 400 million gallons of water daily and maintains a water supply plan to accommodate the next 50 years of regional growth.

  • Taxes

The tax structures of both Texas and Dallas do not focus on taxing work or income. There is no local or state income tax for Dallas residents and there is no corporate or personal income tax in Texas. The average per capita state and local tax burden in Texas was 43rd among all states according to the most recent analysis by the Tax Foundation (2008). Overall total state and local tax burden per capita in Texas was 84% of the national average. Dallas businesses also have ample opportunities to take advantage of foreign trade zones to reduce their business tax burden.

  • Quality of life

Dallas offers families and singles big city experiences for the cost of a much smaller market. A diverse housing stock, ranging from historic single-family neighborhoods to high-rise condos, can accommodate any household type. For recreation, Dallas offers more shopping and restaurant opportunities per capita than anywhere else in America, diverse cultural venues from small theater companies and galleries to the nation's largest arts district. Parks, trails, forests and lakes as well as professional sports venues round out the local opportunities.

  • Work Class Talent

Dallas is home to over 600,000 workers. In addition, Dallas businesses draw upon a regional workforce that exceeds 3 million workers. The diversity of Dallas' economy mean that firms providing everything from advanced business services to health care to distribution can find a well trained workforce. Almost 30% of local workers have at least a college degree and over 80% have at least a high school education.

Key locations promoted by Dallas Economic Development

  • International Inland Port of Dallas - IIPOD International Inland Port of Dallas - IIPOD

     

    • Region
      • Texas
    • City
      • Dallas
    • Sector
      • Logistics/distribution centers
      • Water
    • Location type
      • Sea-port

About us

Dallas Economic Development

Dallas City Hall 1500 Marilla St, Room 5CS,Dallas, TX 75201, United States of America. 

City of Dallas Office of Economic Development Dallas maintains a full service economic development program that leads the City's business and real estate development efforts. The Office supports existing and prospective Dallas businesses and the development and redevelopment of downtown and neighborhoods in southern Dallas. The Office follows a stakeholder supported strategic plan which sets Dallas' economic development vision: Dallas will become a diverse, vibrant, urban city that works and builds on its core strengths. It will be a city that is strategically engaged in economic development, business friendly, with a dynamic and expanded center-city economy, balanced growth and development opportunities and a city of great neighborhoods.

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Phone: +1 214-670-1685
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