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What Locals Love About Dallas-Fort Worth
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R E A D N E X T
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In this inaugural edition of DALLAS Commercial Real Estate, our cover feature reveals how Dallas-Fort Worth became a top-tier real estate market. DFW punches above its weight across sectors—and as a whole. Real estate and economic development experts share their perspectives on our rise to elite status—and what's ahead.
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Mississauga, Ontario-based Evolve Biologics is a producer of plasma-derived therapeutics. The firm's CEO says the new, state-of-the-art, 200,000-SF Sachse facility "will be the foundation of our future growth and global strategy," with the capacity to process 1 million liters of plasma annually and a planned expansion to 2 million liters.
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Mayor Cites New Report at the Fort Worth State of Entrepreneurship: Startups Created Nearly 30K Jobs
Mayor Mattie Parker, whose catchphrase is "Go Time," says she coined the term for a reason. Fort Worth is at a pinnacle of possibility, and entrepreneurship is at the center of that. The data speaks for itself, Parker said: A new jobs report from Sparkyard shows startups play a significant role in job creation in Fort Worth and Tarrant County—with average salaries more than twice the minimum wage.
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A 1.5 million-square-foot automated fulfillment center is slated to open in Lancaster in 2023, followed by a 730,000 square-foot automated grocery distribution center in 2024. Both will deploy the latest in high-tech robotics and innovation.
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Gatik's new autonomous trucking facility at the "MIZ" in Fort Worth's AllianceTexas will serve as a hub for its middle-mile operations in Texas. The company's $85 million Series B funding will scale its fleet of Class 3-6 autonomous box trucks across new North American markets.
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Following the news last week that Brightstar was rebranding to Likewize, the company is now investing in a 275,000-square-foot automated facility in Flower Mound to serve as a global supply chain center of excellence that enhances the customer experience.
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The optical tech firm produces iPhone laser technology that powers Face ID, Memoji, Animoji, and Portrait Mode selfies.
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Jobs on the Rise in 2021 analyzes the shifts COVID-19 has caused on employment and hiring trends. In the digital transformation category, LinkedIn named Dallas-Fort Worth as a top region for user experience professionals, a job that grew five times over from 2019 to 2020.
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Tipalti, a payables automation company that handles accounts payable and mass pay workflows, plans to hire around 100 employees in Plano by the end of 2022. North Texas is its second location in the U.S. and the fourth globally.
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DFW has the sixth-largest tech talent labor pool in the U.S., the annual report says, accelerating corporate relocations to the area. Overall, Dallas-Fort Worth ranked 13th out of 50 top U.S. and Canadian tech markets. But its growing tech labor pool and sought-after attributes have the area poised for even greater success.
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![Fidelity's 337-acre campus in Westlake, TX. [Courtesy: Fidelity Investments]](https://s24806.pcdn.co/wp-content/uploads/2020/04/Fidelity-Investments_One-Destiny-front-of-buildingFidelity_courtesy01courtesy.jpg)
Fidelity Investments is responding to evolving needs during the COVID-19 pandemic with 4,000 new client-facing roles across the U.S. It is also using technology to enhance its hiring process, recruiting college students and new graduates, and improving its onboarding processes.
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Students and experienced engineers alike hacked solutions to real-world challenges with algorithms, coding scripts, and data in three days of problem-solving. Some of the world’s biggest names in business—Amazon, McKesson, and USAA (to name a few)—were taking note. Hackathons have became the new career fair for tech talent.
