Economic Development

City Brings in Economic Development Corporation to Make Recommendations on Dallas Real Estate Assets

By April Towery / October 30, 2023 /
(Photo: Mimi Perez for CandyDirt.com)

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…

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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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Bridge Labs to Build Biotech Research Space in Pegasus Park With $8M Incentives Package

By April Towery / July 13, 2023 /

Bridge 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…

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Shekinah Legacy Holdings Moves Headquarters to South Dallas/Fair Park 

By April Towery / April 19, 2023 /

A 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…

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Despite Opposition, Dallas is Paying $1M to Outsource Community Engagement, Historic Preservation Policy

By April Towery / February 21, 2023 /

The 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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