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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 Investment Services. Tenant Rep : Staubach Company Developer: The Wilcox Group, Dallas, Tx

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CoreNet Economic Development Awards

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  1. CoreNet Economic Development Awards Finalist: City of Farmers Branch, Texas Date: March 16, 2005 Category: Leadership & Innovation

  2. JPMorgan International Plaza

  3. JPMorgan Investment Services • Tenant Rep : Staubach Company • Developer: The Wilcox Group, Dallas, Tx • Incentive Advisor: Stadtmauer Bailkin Biggins

  4. Incentive Package • Sales tax exemption program • Tax abatement • Training grant • Fast track permitting process

  5. Team • Mayor and City Council • Director of Economic Development • City Manager & City Attorney • Brookhaven College • Dallas County • Wilcox Development

  6. Impact to Company • $1.1 million annually in property taxes* • $4.9 million in sales tax exemption • $932,342 in state training grant *Estimated

  7. Impact to City • 1,650 new jobs • $170,000,000 in capital investment • $683,421 in administrative fee (2001-2004)

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