News | Economic Development


Construction to begin on Irving’s new Convention Center Hotel

Construction is slated to begin on the Westin Irving Convention Center hotel this month, which will be the first step in bringing this long-awaited project to fruition. The Westin Hotels & Resorts flag will operate the hotel, which is expected to open in early 2018. The convention center hotel will be the headquarters hotel for the Irving Convention… Keep Reading »

How Dallas-Fort Worth Became a Top U.S. Headquarter Wrangling Region

Dallas-Fort Worth has been known as a U.S. corporate magnet since the 1960s and 1970s — with 21 of the 51 Fortune 500 Texas headquarters located in the region — but the Big D has come into its own, says one researcher. The region was recently ranked as the No. 4 highest-ranking headquarters metro behind… Keep Reading »

Irving Ranks High for Tech Employment, Salaries and One-Bedroom Rent

Another ranking has the Dallas area inching toward the top tier of U.S. tech cities.  The study from the apartment search company ABODO looked at cities across the country by their tech employment opportunities, median tech salary, and median one-bedroom rent. The Dallas-Plano-Irving region registered a median tech salary of $84,160 with average one-bedroom rent… Keep Reading »

Texas Wins Site Selection Magazine’s Governors Cup Award

Texas has been awarded the 2016 Governor’s Cup—an award given annually by Site Selection Magazine recognizing the top performing state for capital investment attraction based on number of new and expanded corporate facilities. This is the state’s fifth consecutive win and eighth win overall since 2004. Governor Abbott will accept the award on behalf of… Keep Reading »

Utility Firm Vistra trading downtown Dallas office for new headquarters in Irving

A longtime downtown Dallas employer is consolidating its operations in Irving. Vistra Energy said Wednesday that it will move its workers from the Energy Plaza tower downtown to its TXU Energy offices on Sierra Drive in Las Colinas. “An important element of being one company and driving a common culture is to be headquartered in… Keep Reading »

Far North Dallas, Las Colinas, Uptown among most popular areas to find office space

West Plano’s Legacy business park and Frisco’s $5 billion mile are making a lot of headlines. But not everyone can pay to play in those hot real estate markets. Maybe that’s why more companies shopping for office space in North Texas are looking at the Las Colinas area for new digs. That’s what commercial property firm… Keep Reading »

Irving companies, developments named finalists in Best Real Estate Deals of the Year

Judges across the commercial real estate sector met last week to select the top transactions, leases and more in the surging North Texas market. This year, several deals stood out and were chosen as the outright winners of their respective categories, like The Music Factory in the Community Impact category. From corporate relocations to single-family… Keep Reading »

With Music Factory Nearing Completion, Irving’s Pipeline Still Looks Full

Ark Group’s Music Factory is more than 60% complete. The mixed-use development — a public-private partnership with the City of Irving — is just one of many major projects happening in Las Colinas, despite the barriers to entry of a strict master plan. The mixed-use project will have 250k SF of entertainment, retail and restaurants,… Keep Reading »

Irving #12 Best City for Millennials

After graduating, many young adults spend some time living at home in order to find their first full time job or save up some money. While this is definitely a beneficial move for a limited amount of time, the inevitable will eventually come knocking…mom and dad saying it’s time to move out. When deciding where to go… Keep Reading »

Irving’s Whole Foods Market Store on Track to Open this Year

Whole Foods Market scaled back its growth plans this week, but don’t worry Las Colinas, that store built months ago really is going to come to life soon. A Whole Foods spokeswoman said the company’s first store in Irving is set for a 2017 opening. It was completed several months ago and was first announced… Keep Reading »