Economic Development
The City of Dallas needs cash to fund a $3 billion deficit in its police and fire pension fund, and it needs advice on how to repurpose some old city buildings and whether it should be buying and selling land — so they asked the Economic Development Corporation for help. The issue of city-owned real…
Read MoreSome 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…
Read MoreBridge Labs is expanding downtown Dallas’ biotech operations in a 23-acre mixed-use office campus known as Pegasus Park. The Dallas City Council touted its commitment to biomedical and health research during a June 14 council meeting by awarding a $3 million economic development grant, along with about $5 million in other incentives. The funds will…
Read MoreA real estate brokerage, development, and construction company is coming to the South Dallas/Fair Park area, Dallas officials announced Tuesday. Shekinah Legacy Holdings received about $650,000 in economic development incentives from Dallas’ Small Business Center to relocate to a now-vacant building at 1708 Martin Luther King Jr. Boulevard and revitalize the neighborhood at the corner…
Read MoreThe Dallas City Council approved a contract to pay HR&A Advisors $1.2 million to help with economic and historic preservation policies — services that District 12 Councilwoman Cara Mendelsohn said city staff should be performing. HR&A Advisors already earned $1 million to draft the city’s Economic Development Policy and will stay on for another year…
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