IN THE NEWS

Southwest Airlines, The Star, Victory Park, Amazon: Thursday's Business Briefing

An aerial shot of American Airlines Center surrounded by condominiums along I-35E in Dallas, Thursday, June 30, 2016. (Jae S. Lee/The Dallas Morning News) All the details of Victory Park's bid to bring Amazon HQ2 to Dallas Several property owners around American Airlines Center in Victory Park have put together a site proposal for Amazon HQ2. Show Full Story Real estate companies, which on most days are competing with each other for big commercial building projects, have come together over the past couple of weeks to create a site plan for Amazon. The group led by Ross Perot Jr.'s Hillwood Urban and Hunt Realty Investments includes Hines, Karns, Cousins, Provident Realty Advisors and Estein

More than 12 North Texas cities, 30 sites hit local deadline for Amazon HQ2 consideration

Gensler The 135-acre proposed development in Allen could be one of the sites to sway Amazon to come to North Texas It could anchor the proposed bullet train station in downtown Dallas or go into one of Big D’s most iconic skyscapers. It could be the centerpiece of a big development envisioned on the north side of the Trinity River in Fort Worth. It could go into a proposed project called The Strand in Allen. Or into any of six proposed development sites in a 10-mile stretch of the Dallas North Tollway in Frisco. Show Full Story Those cities along with Plano, McKinney, Denton and others are among the 12 to 14 who hit Friday’s deadline for North Texas cities to submit their individual bids fo

Frisco readying bids for six sites with ability to land Amazon's HQ2

Courtesy of HKS Inc. The initial office building at Frisco Station is nearly completed. The group behind the 242-acre development has been marketing a 50-acre build-to-suit site. The Tower at Frisco Station will be developed in the future along the Dallas North Tollway to the north of the Dallas Cowboys headquarters. Jake Dean The Star in Frisco - the corporate home for the Dallas Cowboys - could help bring Amazon to the city. Submitted Rendering Wade Park, a proposed mixed-use development, has sites earmarked for a big corporate campus. Jake Dean Longtime Dallas lawyer and land investor Don Godwin has about 390 acres on two of the hard corners of the Dallas North Tollway and U. S. 380 in F

Real estate execs give Austin the best odds of landing Amazon HQ

Everyone in the real estate business is scrambling to figure out where Amazon's new headquarters will land. With the potential for 50,000 employees and $5 billion in investment it's the economic development prize of the decade. Show Full Story CoStar Group, the real estate information and marketing firm, quizzed hundreds of real estate execs about where Amazon should put its new HQ2. Austin and Dallas were at the top of their list, with Atlanta and Nashville right behind as favorites for the Amazon move. "While more people picked Austin, many were willing to give Dallas the edge because of its superior air transportation system having two major airports, including an international airport,"

Plano's $3 billion Legacy West will have its own park

Plano's $3 billion Legacy West development has Toyota, Liberty Mutual Insurance and JPMorgan Chase. And now the 250-acre mixed-use development on the Dallas North Tollway will have its own park. The city has purchased more than seven acres on the west side of Communications Parkway north of Legacy Drive where it will build a small park. Show Full Story The planned green space is between the new Legacy West Urban Village and J.C.Penny's long-time headquarters. Plano paid Legacy West developer Karahan Cos. almost $10 million for the property. "Initially it's just going to be a green space but long term we expect to make improvements to it," said Robin Reeves director of Plano's park departmen

Making the grade? How DFW stacks up for Amazon’s HQ2

Jake Dean Population: Exceeds expectations. Amazon wants a metropolitan area with more than 1 million people. With more than 7 million people, DFW has that covered with ease. Amazon also wants a growing population. Last year alone, the population of DFW grew by 143,000 - more than anywhere else in the nation. Size matters to Amazon, and North Texas has it in spades. The major city's nickname is "Big D," "Big Tex" looms over the State Fair. Billy Bob's in Fort Worth proclaims itself the world's largest honky tonk. DFW has big sports arenas (Dallas Cowboys' home AT&T Stadium), big malls (NorthPark Center), and big companies (home of 22 of the Fortune 500 companies). "If you're truly t

Why North Texas (or these 4 other cities) might be the best pick for Amazon's HQ2 

Cities lined up immediately when Amazon.com Inc. last week announced its interest in establishing a second world headquarters, one that would produce eye-popping employment and economic development, and asked cities to offer their best response (and incentives) to its request. Journalists at American City Business Journals, the largest publisher of metropolitan business newsweeklies in the United States, with 43 business publications across the country, also took notice. Show Full Story Journalists at five of those publications — in the cities that have been described as the most likely to be among the finalists in the HQ2 beauty pageant — decided to join together to have a little contest o

THR and UT Southwestern Start Construction on $270 Million Project

THR and UT Southwestern’s joint $270 million project recently broke ground (Courtesy of: UT Southwestern) Texas Health Resources and UT Southwestern are continuing their more-than-50-year partnership. The two have begun construction on a $270 million acute care hospital and multi-specialty clinic complex in Collin County. It’s expected to open in late 2019. Show Full Story The two health systems will be the first to have space at Frisco’s healthcare campus project. Texas Health and UT Southwestern will share a campus side-by-side in two separate buildings. Providers at both institutions will work together on patient care. According to Texas Health and UT Southwestern, its ongoing operations

How Dallas is making a big play for Amazon's second North American headquarters 

Amazon.com Amazon.com's campus in Seattle has offices, restaurants, cafes and other services to support thousands of workers. Amazon.com The Seattle-based online retailer plans to build a second north American headquarters expected to total about 8.1 million square feet of space. Dallas-Fort Worth leaders are stepping up in a big way in hopes of luring Amazon.com Inc.'s proposed $5 billion second North American headquarters to the region. The Seattle-based online retail giant announced Thursday it would begin a national real estate search for a major North American city to house its second corporate headquarters, and executives are reviewing bid materials to put together options for Amazon.

Exclusive: JP Morgan Chase begins moving thousands into its Legacy West campus

Submitted Art Thousands of employees will begin moving into JP Morgan Chase's new Legacy West Campus. The first of thousands of JP Morgan Chase & Co. (NYSE: JPM) will begin moving into the company's new regional campus in Plano's Legacy West by the end of the week — with the initial group of employees moving into the new campus from Lewisville. Show Full Story The financial giant plans to move a few hundred employees at a time, with more than 3,000 people expected to work at the new 1 million-square-foot campus by the end of the year. "We've worked closely with our people to make sure everything goes smoothly," said Steve Hemperly, head of mortgage originations and location leader for JP Mo

Who are Plano’s toughest competitors for big-time corporate relocations?

Jake Dean Sally Bane, executive director of Plano's economic development office, says Phoenix, Salt Lake City, Atlanta, and Charlotte are among the top cities that Plano competes with for major corporate relocation projects. In the dog-eat-dog world of corporate relocations, Plano has emerged as an alpha. With Toyota Motor North America, Liberty Mutual, JP Morgan Chase and FedEx Office moving or recently moved in, the city has nabbed more than its share of recent corporate relocations and the thousands of new jobs that have followed. Show Full Story The fight for big companies and the jobs, investment and prestige that come with winning them is fiercely competitive regionally, statewide, na

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