economic development

2026 Summer Concert Plans Just Got Easier as McKinney Recruits Massive $220M Outdoor Amphitheater

By April Towery / March 21, 2024 /

Last year, Frisco announced plans to open a $201 million Universal Studios theme park and become a national tourist destination. Last week, McKinney said, “Hold my beer.”  McKinney, a Collin County municipality with a population of about 203,000, announced a partnership with Colorado-based Notes Live for a $220 million open-air concert amphitheater.  Chief Marketing and…

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Dallas Is Spending Almost $4 Million on Economic Development Consulting Fees With HR&A Advisors

By April Towery / March 1, 2024 /

The Dallas City Council recently tacked on $1.58 million to an existing contract with HR&A Advisors for consulting work related to the city’s Economic Development Policy. The action extended HR&A’s contract one more year to June 30, 2025, increasing the total amount from $2.3 million to $3.9 million.  The contract almost sailed through with no discussion…

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How Much of Dallas’ $1.25B Bond Will be Used For Housing? That Depends. 

By April Towery / February 8, 2024 /
(Photo: Mimi Perez for CandyDirt.com)

The Dallas City Council talked briefly about the May bond election during a Wednesday council meeting, but not much has changed since elected officials agreed to an outline of allocations by category and doled out their preferences for $75 million in discretionary funds.  The only point of clarification in Wednesday’s meeting was related to bond…

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Dallas Leaders Expand Underperforming Fort Worth Avenue TIF District to Include New Sprouts Grocery

By April Towery / November 10, 2023 /

Dallas is moving forward with plans to expand the Fort Worth Avenue Tax Increment Financing District to fund more housing and commercial development in North Oak Cliff and West Dallas. Dallas City Council members voted Wednesday to expand the district to include a planned Sprouts grocery store, so they can funnel the tax increment from that…

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Dallas Economic Development Corporation Board to Hire First-Ever CEO to Recruit New Business, Jobs

By April Towery / October 8, 2023 /
(Photo: Mimi Perez for CandyDirt.com)

Some might be surprised to learn that the ninth-largest U.S. city doesn’t have a person solely responsible for recruiting new development. That’s about to change as the Dallas Economic Development Corporation is advertising a position for its first-ever CEO.  Dallas does have an Economic Development Department with a council-approved policy and Director Robin Bentley leading…

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