| One of the major reasons that Dallas
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| | food products, transportation equipment,
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| residential and commercial real estate is
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| | chemicals and allied products such as
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| "in demand" is because people are
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| | parts for the airline and defense
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| re-locating to the city in droves. Many
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| | industries and electronic components.
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| financial and real estate industry
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| | The city of Dallas has one of the best,
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| experts believe that this "mass move" to
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| | thriving economies in the entire country.
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| Dallas is due to the prosperous, booming
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| | People who relocate to the city can find
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| economy of the city. It is estimated that
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| | a higher rate of pay and better
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| dozens of new businesses are seeking out
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| | employment then in other cities in the
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| Dallas office space and other commercial
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| | United States. This is because there is
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| properties. Even some of Fortune 500's
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| | more competition between employers in
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| biggest companies have relocated to the
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| | Dallas. Dallas homes for sale and new
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| Dallas area. Dallas is "hot" in many
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| | construction projects have increased
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| different ways.
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| | dramatically as the demand for
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| The Major Industries that are Big in the
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| | residential and commercial property has
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| City of Dallas
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| | increased triple-fold.
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| The city of Dallas has an extremely broad
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| | New Incentive Programs
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| and diverse climate for business. One of
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| | Another reason for the year-long flocking
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| the leaders in the Dallas business
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| | to Dallas is because of all of the
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| circuit is the technological industries.
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| | incentives that the local government is
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| These industries include information
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| | currently offering residents. Some of
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| technology and data, defense, life
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| | these new incentive programs include:
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| sciences, financial services,
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| | 1) Tax Increment Finance Districts - This
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| telecommunications, processing,
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| | area is designed to make it less
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| transportation and semiconductors.
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| | expensive for investors and developers to
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| A study performed by the Greater Dallas
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| | redevelop certain areas of the city and
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| Chamber of Commerce reported that the
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| | to make improvements to pre-existing
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| city of Dallas is home to forty-three
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| | Dallas commercial real estate structures.
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| percent of the high-tech workers employed
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| | 2) Enterprise Zone Projects - These
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| in the state. Plus there are thirteen
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| | projects offer a reduction in state sales
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| privately-owned companies that are worth
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| | tax, or taxes paid, or tax refunds for
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| one billion dollars or more in the city.
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| | the purchase of machinery, equipment and
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| Some of the biggest corporations that are
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| | building materials in a designated
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| located in Dallas include Southwest
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| | enterprise zone.
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| Airlines, Advance PCS. Dean Foods,
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| | 3) Development Projects - These are
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| Kimberly-Clark, ExxonMobil, Texas
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| | different programs that are designed to
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| Instruments and Neiman Marcus.
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| | generate thirty-four billion dollars in
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| Dallas has been nicknamed the "Silicon
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| | the Dallas Texas economy and to create
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| Prairie" since the city has one of the
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| | close to eighty-thousand new jobs within
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| largest centers of employment in high
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| | the next decade.
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| technology. Southwestern Bell, Nortel,
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| | 4) Job Training Programs - Are designed
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| Ericsson and Alcatel are an example of
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| | to train residents for careers in
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| the large telecom companies that have
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| | specific, lucrative career fields. The
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| made the city of Dallas their home. The
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| | local government has several different
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| city is an industry leader in the
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| | job training programs that one can choose
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| production of items such as machinery,
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| | from.
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