Invest in Our ECONOMY Q4 UPDATE FY2015 VOLUME 1, ISSUE 4 in This Issue Page 1 D.R
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Invest In Our ECONOMY Q4 UPDATE FY2015 VOLUME 1, ISSUE 4 In This Issue Page 1 D.R. Horton, Inc. | Trammell Crow Page 2 Highlights | Blue Apron & NorthStar Energy Services Page 3-5 General Motors Arlington Assembly Expansion Page 6 D.R. Horton, Inc. (continued) Page 7 By The Numbers | U.S. Pan Asian Business EXPO Page 8 Updates | Downtown Arlington I-30/N. Collins future site of Class A space The City of Arlington has partnered with one of the nation’s largest commercial real estate developers and investors to recruit regional, national or international corporate headquarters to the Entertainment District. Trammell Crow Company has entered into an agreement with the City of Arlington to serve as the developer of an 18+ acre America’s Builder returns to the ‘The American site located at I-30 and N. Collins Street. The site has the ability to Dream City’ accommodate up to one million D.R. Horton, Inc., America’s Builder, plans to relocate its corporate square feet of premier, Class A headquarters to a new, company-owned facility to be constructed in North office space. Arlington, bringing with it an expected 500 jobs. On August 4, 2015, the Arlington City Council approved a development agreement for D.R. Horton that will assist the nation’s largest builder with its corporate relocation to the city. The company plans to invest more than $20 million to build an approximately 150,000-square-foot campus and parking facility on six acres along the I-30 Frontage Road just east of N. Collins Street. The relocation will provide a company-owned headquarters for D.R. Horton that is conveniently located in the heart of North Texas with great access to DFW International Airport. (story continued on page 6) Connect with us on social media: www.arlingtontx.gov | www.myarlingtontx.com Highlights Relocation and expansion pipeline, chemical, petrochemical, power, renewable energy, storage, In July 2015, publicly traded and communications facilities NorthStar Energy Services, Inc. throughout North America. From (NorthStar) relocated to Arlington the well head to the refined and now occupies Class A office product, NorthStar constructs the space in the Copeland Tower networks and facilities to transport at 1250 E. Copeland Rd. in the Blue Apron – Now and process the nation’s energy Entertainment District. NorthStar resources. Serving relocated from Grand Prairie and These end-to-end network New-York based startup Blue is the largest of three new tenants services include planning, design, Apron, a fresh ingredient and to recently lease space in the engineering, construction, recipe delivery service, has Copeland Tower. The building operations, and maintenance. opened a new fulfillment center offers great views of AT&T Stadium, Other services include the in Arlington to reach more Globe Life Park, and Six Flags. The expertise to install civil, structural, customers. They have leased 126,602-square-foot office tower mechanical, piping, electrical, 103,475 square feet of space at is now 90 percent leased in what and instrumentation systems 2301 Centennial Dr. in the Great has become one of the premier throughout a broad array of Southwest Industrial District. competitive office markets in the U.S. industrial applications. From pipelines and pump stations Blue Apron plans to hire around NorthStar occupies a full floor, to process plants and storage 250 full-time employees with totaling approximately 10,858 terminals, they pride themselves the launch of the new Arlington square feet of space, gaining on their ability to construct and facility, which started shipping enough room to boost its maintain the country’s energy products to customers as of local team to 40 professionals. infrastructure. June 1. Blue Apron packages NorthStar’s presence in Arlington weekly meals and sends perfect will be prominently marked by portions of each ingredient to top-of-the-building signage visible users for their own preparation. from Interstate 30 and the 361,000 By delivering original recipes and vehicles that pass the property each fresh ingredients to home chefs day. nationwide, they are reinventing the grocery store supply chain NorthStar’s corporate officers from farm to table. finalized their long-term lease within four weeks of seeing first- Blue Apron also has fulfillment hand the views from the only centers in Jersey City, NJ, and available full floor in the high- Richmond, CA, and currently profile building. “It was a quick delivers more than two million turnaround because the company meals per month nationwide. is rapidly expanding and needed The Arlington facility allows them to be up and running quickly,” says to expand their footprint into this Richmond Collinsworth, Bradford part of the country as well as their Companies’ point man for the talks. reach to other major U.S. markets “It was a good deal for the tenant, from this location. the landlord and the city.” NorthStar provides infrastructure Richmond Collinsworth, Erik Blais, and Clint construction and support services Manning of Bradford Companies handled 2 to owners and builders of energy, the direct transaction at Copeland Tower. By The Numbers Area Development’s “Leading Locations” study analyzes the economic and workforce data of 373 MSAs to determine which U.S. cities are creating jobs and nurturing sustainable economic development. The Fort Worth-Arlington MSA topped the charts in several key categories in the 100 Leading Locations for 2015. 14th Annual Asian the region and compelling business Business EXPO growth. Attendees had the opportunity $537M to network with area businesses On August 12, the City of Arlington and attend one-on-one business Value of 2014 Deals welcomed the US Pan Asian American matchmaking sessions to establish Chamber of Commerce-Southwest connections and help build successful (USPAAC-SW) as it hosted the 14th business relationships. “Every year, Annual Asian Business EXPO at the we have the privilege of honoring $42M Arlington Convention Center. The the best and brightest Asian business Asian Business EXPO continues to Value of 2013 Deals entrepreneurs, and this year was no be the largest event of its kind in the exception,” McDermott proclaimed. southwest region. Grace McDermott, president of the #2 USPAAC-SW, expressed that Arlington’s strategic location between Dallas Dallas Business Journal and Fort Worth makes it the perfect ranked Arlington’s Office of city for this event. The expo is a one- Economic Development as day event where many Fortune 500 a top agency in DFW based companies and government agencies on value of deals. can connect with Asian business owners Be a part of the conversation on to strengthen business ties and improve social media @CityofArlington: economic opportunities. This year’s theme was “The Power #InvestInOurEconomy of Creative Collaboration” with the Suppliers and vendors visited the exhibit goal of pursuing supplier diversity in booths to build business relationships. 7 GM Arlington Assembly Timeline In 2013, GM’s third shift Celebrating over six decades addition was completed of automobile manufacturing, for all facilities, adding General Motors continues to over 800 jobs to invest in the Arlington Assembly Arlington Assembly. Plant. GM began assembling full size cars at the plant in 1954, and is now the only facility in the world to produce and export GM’s award- winning, full size SUVs. The 10 millionth The workforce of UAW vehicle, a 2015 Local 276, committed to Chevrolet Suburban, developing “A World Class rolled off the Arlington Ride Built With Texas Pride,” Arlington Assembly reached many milestones GM added a new stamping facility to Assembly line. and GM’s partnership with during the production of its full size and Arlington Assembly. The $200M investment the City of Arlington have intermediate cars. Its 6 millionth vehicle, the brought a new operation to Arlington that contributed to the success Buick Roadmaster, came off the line in 1993. was previously conducted at other locations. of the plant. In 1997, plant production converted to trucks. 180 additional employees were hired. This timeline highlights some key milestones in 1997 2012 GM’s history in Arlington. 2011 2015 1954 GM announced a $331M investment for the GM announced $1.4 billion in Arlington Production began at Arlington Assembly on next generation of truck and SUV platforms. The Assembly Plant investments, its largest January 6, 1954, with full size cars. The first car project included a physical expansion to the investment in North America. The plant to roll off the assembly line was a 4-door Pontiac existing body shop, as well as the addition of will gain a new body shop, new paint shop, Chiefton. Starting wage rate for a line operator new machinery, equipment, and special tooling. general assembly upgrades, retooling, and was $1.78. 110 jobs were added at the plant. 1989: Construction new equipment. began on new paint shop 1999: Construction began on new body shop As GM grew from 1,800 employees to more than 4,000, Arlington grew, too, from 7,500 residents to more than 365,000.. 4 5 D.R. Horton, continued GM Invests $1.4 Billion in “D.R. Horton’s decision to move to Arlington continues our momentum Arlington Assembly Plant in building investment in our economy,” said Arlington Mayor Jeff On July 14, 2015, General Motors announced a $1.4 billion investment Williams. “Having ‘America’s Builder’ return to the American Dream for a range of improvements to its Arlington Assembly Plant, the largest City is a tangible example of our great business environment and single plant investment in the U.S. this year. The investment includes commitment to provide quality job opportunities for Arlington a new body shop, paint shop, and upgrades to the general assembly residents.” area and allows the plant to continue to competitively produce high- $5.5M D.R.