Toyota, Chase, and State Farm are among a long list of companies who have decided to grow their offices in the Dallas area. Together, these companies have brought more than 30,000 workers and placed 5 million square feet of new office space in the Dallas area within the past few years. Chase is building a 1.4 million-square-foot office building in Plano’s new West Legacy development, scheduled to open in 2018. Toyota chose to build their new workspace in Plano, a 2.1 million-square-foot campus composes of 7 office buildings. State Farm is already moved into their new 2.1-million-square-foot office in Richardson.
Some of the companies’ top decision makers shared why they chose DFW to grow their companies. The head of JPMorgan Chase’s global real estate said that they spent a significant amount of time looking for a new place to grow the company. They were attracted to Dallas because it has the “right stuff” and a high “quality and caliber” of people. The head of HR at Toyota said that Dallas has exceeded their expectations of providing a thriving environment for their employees. They were looking for a place full of diversity, affordable living, a conservative cost of living, and within close proximity of many other companies that could provide job opportunities for spouses. State Farm desired a campus to appeal to millennials and their craving work in different locations throughout the day, instead of just sitting in a cubical all day. Their large office space in Richardson has allowed them to do this.
It is easy to recognize the many factors that attract companies and their employees to Dallas. The growth potential for companies in the DFW are is vast and seems to only be getting better. When you are ready to take advantage of all DFW has to offer, residential and commercial, contact me at Rogers@RogersHealy.com.
Rogers Healy and Associates Real Estate is a DFW based residential and commercial real estate company that was founded in 2007 by Rogers Healy. RHAdfw is passionate about developing long lasting relationships with clients while representing them to buy, sell or lease any home in DFW.