News | Economic Development

Here’s Why DFW is a Data Center Magnet

Dallas-Fort Worth data center providers are going big or going home — with the expectation the region’s ranking among data center hubs in the United States will soon bring in the major hyper scale cloud providers. Read the full story from the Dallas Business Journal.

North Texas a Top Destination for Relocating Millennials

No doubt because of the boom in employment growth, Dallas-Fort Worth was one of the top destinations for relocating millennials in 2016. Mayflower Moving ranked the DFW area as No. 7 in the country for millennial moves last year, just behind New York City and Chicago. San Francisco and LA were the top destinations for… Keep Reading »

With new Irving campus, health care giant McKesson looks to add almost 1,000 employees

One of North Texas’ largest job imports this year, health-care giant McKesson, will formally open the doors to its new Irving campus Thursday with plans to bring nearly 1,000 jobs to the Dallas-Fort Worth area. San Francisco-based McKesson delivers pharmaceuticals, business services and medical supplies to hospitals, health-care systems and retail pharmacies across the country and around… Keep Reading »

Office complex in Irving’s urban center to undergo massive transformation

A three-building office complex in Irving’s Las Colinas Urban Center — Mandalay Towers 1, 2, and 3 — will soon undergo a massive transformation meant to bring more amenities to the property and attract new tenants. In all, the multimillion-dollar upgrade will bring about 800,000 square feet of office space and 50,000 square feet of… Keep Reading »

JLL: Big office tenants see opportunity in DFW’s Las Colinas market

With a few big office tenants circling Dallas-Fort Worth looking for a place to land, JLL Managing Director Steve Thelen said Irving’s Las Colinas market is one North Texas submarket that could win a lot of business this year. Not only is it because Irving has some big blocks of office space for a big tenant, but this part… Keep Reading »

Preston Hollow Capital Announces $115 Million Financing Transaction for Irving Convention Center Hotel

Preston Hollow Capital, an independent specialty finance company, announced today the completion of a $115 million financing transaction for the construction of the new Westin Irving Convention Center Hotel in Irving, Texas, which will provide over 350 guest rooms and more than 16,000 square feet of ballroom and meeting space, restaurant and retail facilities, and a… Keep Reading »

Irving’s $113M Convention Center Hotel Takes Major Step Forward

Irving’s long-awaited convention center hotel got underway on Monday with an official groundbreaking marking the major step forward in making the project a reality in 2018. The 12-story, 350-room hotel, which will be called the Westin Irving Convention Center at Las Colinas headquarters hotel, will become part of a three-part destination in Irving, which will… Keep Reading »

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 »