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City of Economic Profile 2017 QUALITY OF LIFE

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org ABOUT THE ECONOMIC DEVELOPMENT PROFILE

Welcome to The City of Dallas Economic Profile 2017. This Profile introduces Dallas to prospective investors, developers, businesses and residents. Its purpose is to support the development process by informing the private sector so that both public and private returns are maximized.

The Profile’s individual pages are designed so that they can be combined in ways to support each client’s specific needs. All components are available on The City of Dallas Office of Economic Development (ECO) website at DallasEcoDev.org, where you can also stay up-to-date on the latest news, events, and more.

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org QUALITY OF LIFE OVERVIEW

Cultural The Dallas Arts District, the largest in the country, is home to museums, performance halls, restaurants, and residences. A recent $338 million expansion greatly enhanced the District with new performing arts venues. is a cultural and entertainment center on 277 acres of landscaped grounds two miles from Downtown. This National Historic Landmark has the largest collection of Art Deco architecture in the world and hosts the largest state fair in the country, the State Fair of . Dallas Festival of Ideas House of Blues Dallas also has numerous cultural centers, independent museums, galleries, arts groups, and festivals. Entertaining Hometown to Neiman Marcus, Dallas is well-known for its abundant shopping opportunities, with 82 million square feet of retail space. The Dallas area has more restaurants per capita than any other U.S. city. The Dallas park system includes 43 community and neighborhood recreation centers, 4 dog parks, 202 playgrounds, 154 miles of hiking and Credit: Kauwuane Burton Photography biking trails, and six 18-hole golf courses. The Great Trinity Forest, with Dallas Trails System Dallas Museum of Art 6,000 acres, offers additional natural trail experiences. The Dallas Zoo and the Dallas Arboretum and Botanical Gardens also provide outdoor recreational opportunities. Professional sports teams include the (NFL), (NHL), (NBA), (MLB), and FC Dallas (MLS). Comfortable Average annual temperature: 67° Credit: Kauwuane Burton Photography Credit: DCVB Average precipitation: rainfall (37.4 in), snowfall (2 in.) Galleria Dallas American Airlines Center Annual number of sunny/partly sunny days is 232. City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org COST OF LIVING

The C2ER Cost of Living Index consistently reports that it is comparatively less expensive Dallas Cost of Living to live in Dallas than in many other cities in the U.S. The total cost of living in Dallas is 0.4 percent higher than the U.S. average. Item U.S. Avg=100 Dallas’ Comparative Advantage: Total 100.4 Grocery Items 108.5 No personal or corporate income tax Housing 88.0 Texas is the fifth lowest among states in total state tax burden (Source: Tax Foundation, 2016) Utilities 98.7 Transportation 101.5 Median home sales price: DFW $207,300 — 7th lowest price of top 20 largest U.S. metro areas (2016p) Health Care 106.3 U.S. $235,500 (National Association of Realtors, 2016p) Misc. Goods & Services 106.6 Source: C2ER 2016 Annual. Cost of Living Index: Top Ten MSA Core Cities 2016 Cost of Living: Top Ten MSA Core Cities 2016 State Tax Collection Per Capita Atlanta 98.7 Cost of Living Index: Top Ten MSA Core Cities 2016 Area Per Cap Value Houston 98.8 U.S. (average all states) $2,677

Dallas 100.4 Texas $2,085 Source: Tax Foundation, “Facts & Figures 2016." Miami 111.0 Location Affordability Index (LAI) Chicago 118.5 (Percentage of Income)

Philadelphia 118.6 Area Percent of Income U.S. (metro average) 57% Los Angeles 142.3 City of Dallas 45% Boston 148.1 Source: U.S. Department of Housing and Urban Development.

Washington, DC 149.2 The LAI estimates the percentage of a family's income dedicated to the combined cost of housing and New York 228.2 transportation, based upon a typical annual income of $58,190, household size of four and two commuters Source: C2ER 2016 Annual. per home (both rent and own). City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org CULTURAL ARTS

Cultural The Dallas Arts District is a collection of renowned performance halls and museums, restaurants, and residences. A $338 M expansion culminated in the 2009 grand opening of the Winspear Opera House, the Wyly Theater, Performance Park, and the Annette Strauss Artist Square. Moody Performance Hall (formerly known as Dallas City Performance Hall) opened in 2012. These new additions joined the Dallas Museum of Art, the Nasher Sculpture Center, the Meyerson Symphony Center and the Crow Credit: Dallas Symphony Orchestra Collection of Asian Art. The Bowler Hat by Keith Turman Dallas Symphony Orchestra The largest arts district in the country is just the beginning of the arts offerings Dallas has in abundance. Additionally:

Over 300 works of public art are showcased in the city. The Love Field Art Collection at Dallas Love Field Airport features 12 new commissions and 5 previous installations.

Cultural centers—such as the Bath House Cultural Center, the Latino Cultural Center and the Cultural Center—provide intimate venues for performing and visual arts.

Credit: Urban Fabric Photography Credit: Kauwuane Burton Photography The $185 M Perot Museum of Nature and Science opened in 2012. Perot Museum of Nature & Science Dallas Design District Modern art lovers appreciate the Dallas Center for Contemporary Art, the McKinney Avenue Contemporary and the Museum of Geometric and MADI Art.

The Meadows Museum at Southern Methodist University holds one of the largest collections of Spanish art outside of Spain.

Fair Park is home to several museums and gardens, including the African American Museum and the Texas Discovery Gardens.

The Museum of Biblical Art focuses on biblical art themes. Credit: Iwan Baan Dallas has dozens of private art galleries that feature works ranging Latino Cultural Center Wyly Theater from 19th century European paintings to 21st century street art.

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org SPORTS AND RECREATION

The City of Dallas Park and Recreation System includes 13 lakes, 154 miles of hiking and biking trails, 43 recreation centers, 875 sports venues, 202 playgrounds, 17 pools, 11 spraygrounds, 1 family aquatic center, 6 18-hole golf courses, and 4 driving ranges. In total, Dallas parks cover over 23,000 acres. One of the most popular places for jogging, bike riding, and sailing is White Rock Lake. The Dallas Arboretum is on the shores of the lake and hosts numerous annual events. Credit: Glenn James/ NBAE/Getty Images The Santa Fe and Katy Trails connect walkers, runners, and cyclists Dallas Mavericks White Rock Lake Credit: DCVB north and east of Downtown through in-town neighborhoods, connecting White Rock Lake to Downtown. Off-road biking trails wind through creeks and woods minutes from Downtown at the Nature Preserve and others. The Corridor Project includes the development of numerous trails, athletic fields, lakes, the Trinity River Audubon Center, and the Texas Horse Park along the Trinity River through the heart of the city. In total, the Trinity will create a 10,000-acre park including almost 6,000 acres of forest.

Dallas Fair Park is a cultural and entertainment center on 277 acres of Credit: Edith Alcantar landscaped grounds just two miles from Downtown. This National Trinity River Audubon Center Historic Landmark has the largest collection of Art Deco architecture in the world and hosts the largest state fair in the country, the State Fair of Texas. Several museums and performance venues call Fair Park home. The Dallas area is home to teams in all five major professional sports:

Dallas Cowboys (football)

Dallas Mavericks (basketball)

Dallas Stars (hockey)

FC Dallas (soccer) Credit: Trey Hill Credit: DCVB Dallas Stars Dallas Zoo Texas Rangers (baseball) City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org SHOPPING AND DINING

Major Shopping and Entertainment Districts Galleria Dallas, a unique urban shopping destination with attached hotel and office buildings, has nearly 200 nationally and internationally recognized shops and restaurants surrounding an impressive ice rink. It hosts 19 million visitors annually. NorthPark Center is 2.3 million sq. ft. with over 235 distinctive stores and restaurants. It features museum-quality modern art pieces. is home to Neiman Marcus’ flagship store as well as boutiques, restaurants, clubs, and a growing farmers market scene. Nearby West Village, Deep Ellum, the Cedars, and Uptown are popular mixed-use destinations for shops and restaurants. The Asian Trade District along Harry Hines Boulevard and Royal Lane is known for its Asian flavor and affordable retail and wholesale goods. The Dallas area has more restaurants per capita than any other U.S. city. Clusters of unique restaurants and shops are scattered throughout the city, notably in destinations in Downtown, Uptown, Bishop Arts District, Deep Ellum, Greenville Avenue, Knox-Henderson, and Lakewood. The newest center of dining is Trinity Groves, an evolving 15-acre restaurant, artist and entertainment destination in .

Credit: Kauwuane Burton Photography The Shops at Park Lane Cake Bar at Trinity Groves The Island Spot Knox-Henderson Apple Store

Credit: Urban Fabric Photography Credit: Kauwuane Burton Photography The Kessler Theater Neiman Marcus Alamo Drafthouse Cinema Dallas Ruibal’s Dallas Farmers Market

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org COLLEGES AND UNIVERSITIES

Higher Education in Dallas There are 26 colleges and universities in Dallas-Fort Worth, including three universities that have received “Tier 1” Carnegie Classification status, a designation reserved for universities with the highest levels of research activity in the country. Eleven universities or colleges are either in or directly border the city of Dallas. Southern Methodist University, the University of Texas at Dallas, the University of North Texas at Dallas, Dallas Baptist University, , , Dallas Theological Seminary, Parker University, , and the provide a diverse set of opportunities for four-year and advanced degrees. The University of Texas Southwestern Medical Center at Dallas boasts five Nobel laureates on its faculty, more than any other university in Texas. The Dallas County Community College District has nine campuses, five of which are in Dallas.

2015 DFW Highest Education Attainment Institution Type Enrollment

33.4% have earned at least a bachelor’s degree Public Universities 89,341

11.3% earned a graduate or professional degree Private Universities 18,978 Source: US Census Bureau American Community Survey 5-Year Estimates, Community Colleges 189,582 2015, Population 25 years and older. Total Institutions 297,901 Source: Texas Higher Education Coordinating Board, 2016.

Southern Methodist University The University of Texas at Arlington The University of North Texas City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org PRIMARY AND SECONDARY EDUCATION

The city of Dallas is served by nine independent school districts (ISDs). Texas school district boundaries do not follow city boundaries. In 2016, School District Enrollment there were 293 public and public charter school campuses within the city Dallas ISD 157,886 of Dallas designated as having met the standards set by the state of Texas. Garland ISD 57,133 In 2017, Dallas ISD had two of the ten highest-rated public high schools in Plano ISD 54,173 the nation, according to U.S. News and World Report. The School for the Talented & Gifted was ranked the #4 high school in the nation, and the Mesquite ISD 41,038 School of Science and Engineering was ranked #9. Seven other Dallas ISD Richardson SD 39,268 schools also ranked within the top 1,000 in the U.S. Irving ISD 34,792 Sixty-two state-registered charter school campuses operated within the Grand Prairie ISD 29,344 City of Dallas during the 2016-2017 school year. Carrollton-Farmers Branch ISD 25,249 Dallas is also home to over 80 private schools. These include many religious, Montessori, single-sex, special needs, and dual language Duncanville ISD 12,824 immersion schools. In 2017, Niche.com included two Dallas private Source: Texas Education Agency, 2016-2017 School Year. schools, St. Mark’s School and The Hockaday School, on its list of the top 50 best private high schools in the U.S. St. Mark’s ranked first in Texas.

Credit: Brian Birzer Photography Credit: Brian Birzer Photography St. Phillip’s School School for the Talented & Gifted at Woodrow Wilson High School Booker T. Washington High School for Yvonne A. Ewell Townview Center The Performing and Visual Arts

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org HEALTH AND WELLNESS

Dallas Health Care Excellence U.S. News & World Report 2016-17 Rankings:

As the city where group health insurance was invented, Dallas is home to recognized Children’s Medical Center of Dallas ranks 6th in hospitals that are consistently ranked top in the nation. The city’s public hospital, pediatric orthopedics, 7th in pediatric Parkland Hospital, is one of the largest in the country. It opened a new 2.8 million gastroenterology and GI surgery, 11th in pediatric square feet, $1.3 billion hospital in August 2015. nephrology, 12th in pediatric urology, 12th in With more than two dozen hospitals in Dallas-Fort Worth and ten in Dallas, quality pediatric cardiology and heart surgery, 15th in health care and wellness services are easily available. pediatric cancer, 18th in pediatric neurology and neurosurgery, 22nd in pediatric pulmonology, 25th in There are five Nobel Laureates on the faculty at UT Southwestern Medical Center, one pediatric diabetes and endocrinology, and 34th in of three medical schools located in Dallas-Fort Worth. pediatric neonatology.

Parkland Memorial Hospital, Methodist Dallas Medical Center, and Baylor University Baylor University Medical Center at Dallas was Medical Center at Dallas are Level I trauma centers. recognized for being high performing in eight specialties and ranks in the top 50 in four categories. Children’s Medical Center Dallas is the only Level I pediatric trauma center in Dallas- Fort Worth. UT Southwestern Medical Center ranks in the top 50 nationally in three categories of care and is high- Staffed / Licensed Annual Facility performing in three specialties. Beds Admissions The top four hospitals in the U.S. News & World Report Baylor University Medical Center at Dallas 1,025 36,241 Dallas-Fort Worth rankings are located in the city of Parkland Health and Hospital System 983 37,515 Dallas. Texas Health Presbyterian Hospital Dallas 898 27,244 VA North Texas Health Care System 875 N/A Medical City Dallas Hospital / Medical City Children's 668 24,555 University of Texas Southwestern Medical Center 610 N/A Methodist Dallas Medical Center 515 18,512 Children's Medical Center of Dallas 487 28,289 Methodist Charlton Medical Center 285 13,155 Source: Dallas Business Journal 2017 Book of Lists.

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org CLIMATE AND ECOLOGY

Climate The weather in Dallas is moderate, with very warm summers and cool but comfortable winters. Dallas experiences four distinct seasons. Temperatures reach their zenith during July and August when they can reach 100°F (38°C.) Winter in Dallas is usually mild; daytime temperatures can reach up to 66°F (19°C), but temperatures can dip below freezing at times. It is common to have one or two ice storms and snowfalls during the winter. Dallas receives most of its visitors in the spring due to delightful weather. Thunderstorms are common and rainfall comes in heavy bursts in April and May.

Average rainfall is 40.9 inches per year.

Average snowfall is 2.6 inches per year. Credit: Sean Fitzgerald

Annual number of sunny/partly sunny days is 232.

Ecology Dallas lies between the Piney Woods of east Texas and the Great Plains in the Blackland Prairie. Rolling grasslands are laced with bottomland forests along rivers and creeks. The Trinity River runs through the city, and just south of Downtown is the 6,000-acre Great Trinity Forest, home to an estimated 1,300 plant and animal species. Source: World Wildlife Fund, Texas Parks and Wildlife Department, U.S. National Weather Services, City of Dallas.

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org ENVIRONMENTAL STEWARDSHIP

A City Committed to the Future Sustainability Initiatives

First U.S. city to adopt the International Green Construction Code as Complete Streets and Bicycle Advocacy. Complete Streets mandatory for all new commercial construction (2012), and one of the first provide safety for users of all modes of transit, of all ages. major U.S. cities to pass a comprehensive green building standard for both Through community support and public policy the City has residential and commercial construction (2009); completed two pilot projects with plans for 13 additional Complete Streets pilot projects. The Dallas Bikeway System First U.S. city to implement the ISO 14001 certified environmental now includes 154 miles of multi-use trails, shared lanes, bike management system (2008); lanes, and buffered bike lanes. An additional 80 miles of on- and off-street infrastructure are funded or under 100 percent of grid-based electricity used by city facilities comes from wind power; construction; Healthy Food Systems. Farmers markets, community Nearly 40 percent of City vehicles are alternative-fueled or hybrids; gardens, aquaponics, and farm-to-table restaurants and Methane gas captured in wastewater treatment produces renewable grocers are creating strong neighborhoods and sustainable energy to offset a percentage of Dallas Water Utilities’ electricity grid new jobs in Dallas. needs;

Per capita water demand has decreased an average of 7 percent a year between 2011 and 2014 and 5.6% between 2015 and 2016;

Residential recycling reached 80 percent participation in 2016, increasing waste diversion to over 56,000 tons. To provide greater accessibility, the City has over 90 recycling drop-off sites;

The Dallas Innovation Alliance is implementing Phase One of its Smart Cities Initiative in the West End. The alliance is testing new technologies that improve infrastructure, mobility and connected living to create a more sustainable and efficient city. Partners include the City of Dallas, Dallas Area Rapid Transit, the Dallas Regional Chamber of Commerce, AT&T, and the Dallas Entrepreneur Center. Accolades

#7 in number of Energy Star rated buildings among U.S. cities (EPA, 2016);

#2 top local government purchaser of sustainable energy (EPA, 2017). The LEED-Certified Trinity River Audubon Center

City of Dallas Economic Profile 2017 (214) 670-1685 | www.dallasecodev.org