Building a better business and a better life are possible in Frisco, Texas, because of a community of “doers” who still believe in hard work and handshakes that deliver on promises. The absence of a state income tax combined with innovative leadership and competitive incentives for qualified projects make Frisco a wise choice to expand your business footprint into North America. Frisco’s dynamic business climate is possible through low unemployment and one of the lowest property tax rates in North Texas.
One of Frisco’s chief assets is its centralised location in the continental United States and the booming Dallas metro area. Frisco is a 25 minute drive north of downtown Dallas and Dallas-Fort Worth International Airport, with fast and easy access to major highways. Connection to US Interstate 35, a major trade route to Canada and Mexico through the United States, is within minutes.
One of Frisco innovative businesses, Cornerstone Automation Systems, Inc. (CASI), recently expanded into a new build-to-suit corporate headquarters and clean manufacturing facility/warehouse. CASI designs, manufactures and implements state-of-the-art material handling, packaging and warehouse automation for customers around the globe, including clients in the United Kingdom. CASI CEO Tom Karol calls his build-to-suit experience in Frisco an ‘efficient’ and ‘effective’ process. Karol states this about CASI’s expansion, “Frisco does a good job of attracting a quality workforce. That’s one of the reasons we chose Frisco. The kind of talented STEM professionals we want to hire are attracted to living here”.
In fact, several hundred residents relocate to Frisco each month, so we understand the challenges and opportunities that come with being the ‘new kids on the block’. With a 5.8% annual growth rate, Frisco specialises in turning change and new beginnings into a success story for people and businesses alike. The city is a magnet for a highly educated and diverse workforce, many of whom are raising the next generation of innovators in one of the safest and most prosperous places in America.
The latest chapter in Frisco’s success story is the $5 Billion Mile. Frisco now claims one of the most dynamic development concentrations in America with $5.4 billion in capital investment, either announced or under construction, within a one-mile stretch of road along the Dallas North Tollway, a key business corridor in North Texas. Four mixed-use developments are located within the 549 acres of the $5 Billion Mile.
1) Wade Park, a 175-acre development is designed to be a major retail, corporate and residential centre featuring walking access to highly desired amenities. Wade Park is also the site chosen for the first Langham Hotel in the state of Texas
2) The Star in Frisco is home to the future world corporate headquarters and training facility of the most valuable sports franchise in the world, The Dallas Cowboys
3) Frisco Station, and
4) The Gate, a luxury mixed-use project of Dubai-based developer, IGO (Invest Group Overseas)
Explore addition information about these four projects at FriscoEDC.com/5BMILE and search #5BMILE on Twitter.
The Frisco Economic Development Corporation is here to help when you are ready to make your corporate move, from offering competitive incentives for qualified projects to connecting your executive team with a network of resources to make a smooth transition. Frisco also facilitates foreign investment through the Frisco Texas International Development Center, an EB-5 regional centre.
- Access to a workforce of 500,000 within a 10 mile radius
- High concentration of IT workers: double the US average
- 59% of residents 25+ hold a bachelor’s degree or higher level of education
- NTEC, Inc. incubator for highly scalable start-ups and entrepreneurial ventures
- Well managed growth by the City of Frisco government to meet the demand of 300%+ population increase since April 2000
- Toyota Stadium, home to FC Dallas, is undergoing a $39 million renovation to further its prestige as a world-class destination for the international sport of football and to become the home to the U.S. National Soccer Hall of Fame
Learn more about building a better business and a better life at FriscoEDC.com/videos.
Further Information
For more information, contact
Frisco Economic Development Corporation
6801 Gaylord Parkway
Suite 400
Frisco, TX 75034
Tel: +1 972-292-5150
Harry Whalen
Email: hwhalen@friscoEDC.com
Website: FriscoEDC.com
Elise Back
Email: eback@friscoTXEB5.com
Website: FriscoTXEB5.com
Facebook: /FriscoTXEDC
Twitter: @FriscoTXEDC
YouTube: /FriscoTXEDC
LinkedIn: /company/friscoedc