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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
CoreNet Economic Development Awards

Finalist: City of Farmers Branch, Texas

Date: March 16, 2005

Category: Leadership & Innovation

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
slide5
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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