In 2016, Arlington was the #1 spot for investments in the Dallas/Fort Worth Metroplex, and here are the top 5 reasons why…It has been hard to miss Arlington in the headlines recently. Since General Motors announced a $1.4 billion investment in its Arlington Assembly Plant in mid-2015, the city has hardly gone a month without another big announcement. Headlines have included the relocation of Fortune 500 Homebuilder, DR Horton, a $1 billion new stadium for the Texas Rangers, a $400 million mixed-use entertainment district project named Texas Live, and much more. So what is it that makes Arlington the top spot for investment? Let’s find out!
Reason # 5: It’s in Texas
No, it’s not just our Texas nationalism speaking… When it comes to doing business, Texas matters. Chief Executive Magazine has rated Texas as the best state to do business for 11 straight years in a row, and CNBC has ranked Texas as one of the top 5 states for the past 10 years. It’s easy to see why… Texas is the USA’s #1 exporter, home to the country’s best economic climate (Forbes) and the best infrastructure in the country (CNBC). It’s also known for having NO CORPORATE INCOME TAX and NO INDIVIDUAL INCOME TAX!
Reason # 4: Location
There’s a reason why “Dallas teams” are based in Arlington. At the center of the Dallas/Fort Worth Metroplex, only 8 miles from the country’s 4th largest airport and less than 20 minutes from Downtown Dallas and Fort Worth, Arlington is a convenient meeting place for fans from all over. Likewise, Arlington is a fantastic hub for businesses to serve their customers in Dallas, Fort Worth and out of town. Moreover, from the center of Arlington, Arlington businesses are a 25-mile radius of 3.4 million potential customers!
Reason # 3: Workforce
Arlington companies do not have a problem finding workers with the skills they need. Arlington draws upon a regional workforce of 3.8 million and is home to DFW’s largest tier-one research university, the University of Texas at Arlington. With over 47,000 students, UT Arlington is the fastest growing university in the University of Texas system, and is nationally renowned in fields of business, engineering, and nursing. This never-ending source of fresh talent ensures that Arlington’s workforce is top-notch for decades to come.
Reason # 2: Transportation
Served by three interstates, four state highways, two international airports, and two of the country’s premier railways, Arlington’s enviable transportation infrastructure provides unrivaled access to North Texas, the country, and beyond. Perhaps this ability to easily access the entire country in the shortest time possible is why the American Red Cross chose Arlington as the location of its largest disaster response center and why companies like Williams-Sonoma, Summit Racing, and UPS have recently opened major distribution centers in Arlington.
Reason # 1: Quality of Life
Home to three professional sports teams, two world class amusement parks, and host city of numerous concerts and events such as Super Bowl XLV, WrestleMania 32, and the 2015 College Football Playoff National Championship – there’s never a dull moment in Arlington. Because of this, Arlington attracts over 14 million visitors each year! Yet with all its amenities, the median home price in Arlington is only $177,000. The ability to live affordably yet have access to world class entertainment, dining, and shopping is one of the main features that sets Arlington apart.