Corenet economic development awards
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CoreNet Economic Development Awards. Finalist: City of Farmers Branch, Texas Date: March 16, 2005 Category: Leadership & Innovation. JPMorgan International Plaza. JPMorgan Investment Services. Tenant Rep : Staubach Company Developer: The Wilcox Group, Dallas, Tx

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CoreNet Economic Development Awards

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Corenet economic development awards

CoreNet Economic Development Awards

Finalist: City of Farmers Branch, Texas

Date: March 16, 2005

Category: Leadership & Innovation


Jpmorgan international plaza

JPMorgan International Plaza


Jpmorgan investment services

JPMorgan Investment Services

  • Tenant Rep : Staubach Company

  • Developer: The Wilcox Group, Dallas, Tx

  • Incentive Advisor: Stadtmauer Bailkin

    Biggins


Incentive package

Incentive Package

  • Sales tax exemption program

  • Tax abatement

  • Training grant

  • Fast track permitting process


Corenet economic development awards

Team

  • Mayor and City Council

  • Director of Economic Development

  • City Manager & City Attorney

  • Brookhaven College

  • Dallas County

  • Wilcox Development


Impact to company

Impact to Company

  • $1.1 million annually in property taxes*

  • $4.9 million in sales tax exemption

  • $932,342 in state training grant

    *Estimated


Impact to city

Impact to City

  • 1,650 new jobs

  • $170,000,000 in capital investment

  • $683,421 in administrative fee (2001-2004)


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