Dallas Regional Chamber Launches Investor Recruitment Tool for South Dallas County » Dallas Innovates
The Dallas Regional Chamber “twins” to stimulate investment in South Dallas County, an area that spans 486 square miles and 12 cities.
The DRC has unveiled its South Dallas County Economic Development Guide, a website highlighting communities, real estate, employers and the talent pool, with the aim of stimulating investment and economic development in the region. region.
“South Dallas County’s greatest opportunity for long-term economic growth is tied to good jobs,” RDC President and CEO Dale Petroskey said in a statement.
DRC, which is currently working with several companies to create new retail, office and industrial jobs in the region, says the guide is a resource that is part of DRC’s broader efforts to boost growing south of the county.
A recruitment tool for the region
“This guide helps tell the right story for South Dallas County,” Latosha Herron Bruff, DRC Senior Vice President of Community Engagement, in a statement “We are working to bring jobs closer to where the people live in South Dallas County, and sharing this tool with businesses will be invaluable to our work and anyone looking to grow there.”
In addition to acting as a regional recruitment tool, the Economic Development Guide serves as an interactive map of development projects and an aggregator of business news and community impact.
According to Petroskey, there are currently 15 projects in the pipeline for southern Dallas County. The chamber also organizes “vision tours” for members to promote the potential for expansion and relocation of businesses in the region, while drawing attention to issues such as food insecurity, banking inequality and workforce diversity.
“We have Gatorade and Frito-Lay factories in South Dallas and over 1,000 employees who work or live in the area, so for us, South Dallas County has always been home,” Steven said. Williams, CEO of PepsiCo Foods North America and Co-Chair of the DRC Underserved Areas Community Investment Sub-Council, in a statement.
“As we continue to expand economic opportunities for residents of South Dallas County by bringing more quality jobs to the area, this guide will be a great resource to help us and other businesses move or to expand into the county,” he added.
40% of the population of the department
According to the guide, the more than one million residents of southern Dallas County make up about 40 percent of the county’s population. It says the median age of residents is 32.5 and the area has a median household income of around $51,000. It also indicates that construction, health care and social assistance, and retail trade are the largest industries in terms of employment in the southern part of the county.
The cities that make up the region stretch from Dallas to Desoto and from Grand Prairie to Mesquite.
The largest employers in the area are Methodist Hospitals, Amazon, UNT Dallas and PepsiCo Frito-Lay. Among the attractions for businesses in the region, the guide lists its physical connectivity, digital infrastructure, number of opportunity zones, and availability of tax incentives offered by various entities.
Building on past work
With the new guide, the DRC says it is building on previous economic development work in southern Dallas County. Other successes in the region include launching the RedBird Entrepreneur Center alongside the DEC Network in 2018, helping to train the Southern Dallas Inland Port Transportation Management Association in 2019, and raising over $2.5 million. dollars for various small business owners through his Revive Dallas project. Small Business Relief Fund.
“DRC will continue to meet the needs of current and future residents of South Dallas County, leveraging our resources to support the expansion and relocation of businesses there,” Petrosky said.
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