If you own a business and are thinking of relocating, you may have considered Dallas. Wise choice. There are many reasons to move your business here.
Dallas’ business-friendly environment attracts companies of all kinds and sizes to its lively and bustling atmosphere. This area is particularly conducive to startups looking to make their way in a competitive environment, with creativity, commerce, and collaboration at the forefront. One great resource to check out is the Innovation and Startup Community in Dallas, which is known for supporting the launch and growth of innovative ventures in the area through a collection of researchers, business people and entrepreneurs.
Additionally, be sure to check out Say Yes to Dallas for additional resources to assist business growth and development.
Read on to find out more reasons why you should move your business to Dallas.
According to the U.S. News & World Report, the Dallas/Fort Worth area saw more new residents in 2018 alone than any other metro area in the country, with the addition of 132,000 people over just 12 months – representing a nearly 2% year-over-year population increase.
This population growth is due largely to the economic opportunities and job availability for professionals of all levels. Forbes ranked Dallas as the #1 city in the United States for jobs, thanks to a double-digit % job growth every year since 2012 in all economic sectors, ranging from IT and construction to energy and finance.
Dallas is a top contender for attracting talent in all segments, a sought-after destination for new college grads looking to break into the labor force. Collin County, in fact, ranks #4 in the country for talent attraction. This isn’t surprising, as Dallas is home to 15 major universities producing more than 45,000 graduates annually, offering a steady talent pool of educated job seekers.
From Bank of America to Exxon Mobil to AT&T, many Fortune 500 corporations call Dallas home, but not just the city proper – this includes the entire DFW metro area such as Irving, McKinney, Southlake and Grapevine.
There are also more than 40 Fortune 1000 companies that have their headquarters in the DFW as well.
The diverse DFW economy accounts for one-third of the state’s $1.6 trillion economy, rife with major financial institutions, international law firms and other global entities that command respect in the community.
DFW has an impressive high-tech presence, boasting the 7th biggest concentration of tech-related workers in the country.
With all those jobs comes a lot of travel related to work. The Dallas-Fort Worth International Airport handled more than 660,000 flights just in 2018, with Love Field handling more than 231,000 in the same year, according to NBC. Every year, in fact, more than 82 million passengers pass through these two airports!
According to Bloomberg, Dallas was ranked #1 for domestic migration, adding 59,000 domestic movers in 2017, averaging more than 246 new residents a day – a number that still continues to increase today in 2021. Not surprisingly, the real estate market here is one of the hottest in the country for both commercial and residential properties. Nearly four million square feet of new office space alone was constructed in 2019 in DFW, a trend that shows no signs of stopping.
One of the main reasons so many businesses are flocking to this area is that Dallas has an inherently high quality of life for residents and businesses alike. It’s home to some of the biggest sports teams in the nation, plus it offers world-class dining options, has excellent schools, and boasts a variety of entertainment and recreation activities for young and old.
Check this out. In Dallas, there are more than:
If you’ve made the decision to move your business to Dallas, get in touch with us for a free quote. We have a lot of experience with commercial and office moves in and around the Dallas metroplex. Call us for a free quote today at 214-433-6762, as we have an office right here in Dallas.