When the numbers rolled in at the end of FY 2012−13, Irving recorded $701.6 million in permitting valuations — the second-highest figure in 28 years.

“Irving is well known for its corporate headquarters and master-planned communities, but we also offer fantastic amenities including great parks, miles of beautiful trails and top golf courses,” said Irving Mayor Beth Van Duyne. “Over the past decade, the city has focused on making Irving an ideal location for families by encouraging the development of more single-family homes and investing in libraries, recreation centers, family entertainment and safety.”

In addition to increased permitting numbers, the average cost per home valuation also has increased. In FY 2005-06, the average permitted value per
home was $247,371. Today, new home permit values hover at $346,569 — a 40.1 percent increase from the past year.

Irving has six single-family home projects under way, which will bring 1,005 of new homes to the tax roll. Two large-scale single-family projects also are planned, which will add an additional 850 homes.

In the past year, the city has won a number of corporate relocations and investors either have purchased prime office real estate or have announced plans to construct new commercial space. Following are a few examples of new business wins for Irving.

  • Neovia Logistics Services LLC, a former division of Caterpillar, is relocating to Irving from the Chicago area and will create 225 jobs. Neovia’s global presence extends to six continents in 25 countries with nearly 100 customer locations.
  • Taylor-Deal Aviation is moving its headquarters from Dallas to south Irving, bringing about 50 engineering jobs to town, with plans of creating an additional 70 jobs.
  • Texas Center for Proton Therapy’s new 63,000-square-foot facility is under construction.The center will be one of 11 proton therapy cancer care centers in the United States, and one of 37 in the world.
  • Trend Micro, a $1 billion Japanese security and software company, has consolidated operations from Cupertino, Calif. and Arlington, Texas, to Irving.

“With our premier location, residential options and healthy economy, Irving will continue to attract quality employers, developers and residents alike,” Van Duyne added.

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