Economic Development Profile 2015

Economic Development Profile 2015 Credit: The Urban Fabric Credit: Danny Turner Credit: Dillon Diers Photography

Thematic Guide The Economic Development Profile introduces Dallas to prospective investors, developers, businesses and residents. The Profile s purpose is to support the development process by informing the private sector so that both public and private returns are maximized. The individual pages are also designed so that they can be combined in ways to support each client s individual needs. All components are available on the OED website at Dallas-EcoDev.org. Overview: City of Dallas and DFW Area 3. Dallas Competitive Advantages 4. Dallas Is Centrally Located 5. City of Dallas and Dallas-Fort Worth Overview 6. City of Dallas in the Region 7. Dallas-Fort Worth Metro Area Comparisons 8. Dallas and the Texas Economy 9. U.S. and Global Context 10. Economic Milestones 11. Overview Map 12. Dallas City and Metro Demographics 13. Commuting and Labor Shed 14. 2014 Year In Review/Awards Business Environment 15. Major Dallas Industries 16. Fortune 500 Companies 17. Dallas-Headquartered Companies 18. DFW Top 25 Private Employers 20. Top Recent Relocations/Expansions in Dallas 25. Small Business Statistics 26. Minority- and Women-Owned Business Enterprises 27. Research and Development 28. International Trade 29. Logistics Infrastructure 30. Public Transportation 31. Water Supply 32. Development Policy 33. Redevelopment Programs 34. Business Development Programs 35. Taxes 36. Utility Pricing 37. Industrial Rents 38. Office Rents Employment in Dallas 39. Career Opportunities 40. Workforce 41. For Employers 42. Workforce Training Economic Development Strategy 43. Catalyst: Downtown Dallas 44. Downtown Statistics 45. Catalyst: Expanded Downtown Uptown 46. Catalyst: Trinity River 47. Major Infrastructure Projects 48. Dallas Film Commission Quality of Life 49. Quality of Life Overview 50. Cost of Living 51. Cultural Arts 52. Sports and Recreation 53. Shopping and Dining 54. Colleges and Universities 55. Primary and Secondary Education 56. Health Care Assets 57. Climate and Ecology 58. Environmental Stewardship Economic Statistics 59. Unemployment Rate 60. Personal Income Growth 61. Construction Activity 62. Gross Sales 63. Gross City Product Estimate 64. City of Dallas Stock Index 65. Comparative MSA Home Prices 2 City of Dallas Publication: 06/07-84

The Talent. Access to a 3.3 million strong workforce, where 33% of regional workers have at least a college degree. Over 830,000 professionals in management, finance, computing, architecture, engineering and the sciences; over 400,000 professionals in education and health services. The diverse economy offers many opportunities for dual profession families, and assures a strong pool of talent for area businesses. The Companies. The Dallas area is home to 21 Fortune 500 companies. Dallas itself is home to 300 locally headquartered companies that each employ more than 1,000 globally. Of Forbes largest privately held companies, 7 are located in the Dallas area. The Places. The City is home to 127.4 million sq. ft. of office space, along with thousands of acres of vacant developable land for distribution, office and retail use. The Lifestyle. With the cost of living at 95.8% of the national average and no personal income tax, Dallas offers a wonderful quality of life. A growing transit system includes 62 rail stations, plus two more planned. Area colleges and universities enroll 328,000 students, and Dallas has the largest arts district in the U.S. Thousands of restaurants, 28 libraries, 78 million square feet of shopping, 21,000 park acres, over 125 miles of trails, plus franchises for all the major professional sports leagues provide endless entertainment. The World. DFW International Airport puts Dallas less than three and a half hours from major North American business centers: New York, Los Angeles, Mexico City, Toronto, Chicago and Atlanta. Five interstate highways put over 35% of the US population within 48 hours of Dallas by truck, and three class I railroads put 98% within 48 hours by rail. The Future. Dallas is a growing city with a local market of 6.8 million residents. The Dallas MSA is among the world s 75 fastest growing economies, according to the Brookings Institute. The Support. Dallas government is pro-development, maintaining a comprehensive plan and economic development strategy to encourage growth. Investing over $600 million through its most recent bond program, Dallas s upgraded infrastructure keeps businesses competitive. Dallas Competitive Advantages All Ways Connected 3

Dallas is Centrally Located Centrally located within Dallas-Fort Worth Centrally located within North America 4

City of Dallas and Dallas-Fort Worth Overview DFW Economic Overview 6th largest economy by output (2013) 5th largest by personal income (2012) $447.6 Billion Gross Metro Product (2013) 1.5 Billion Sq. Ft. Commercial Space (May 2014) 95.8% of U.S. Average Cost of Living (2014) 4th largest population in U.S. DFW Demographic Overview City of Dallas DFW Residents 1,257,676 6,812,373* Median Age 32.1 34.2 Bachelor s Degree or Higher 30.7% 32.6% Source: U.S. Census Bureau, Annual Estimate of the Resident Population, 2013 (Dallas), 2014 (DFW). *U.S. Census Bureau American Community Survey 1-Year Estimates, 2013. DFW Employment by Industry Industry City of Dallas DFW Professional and Business 19.1% 16.0% Trade, Transportation, and Utilities 18.6% 20.7% Government 14.6% 12.6% Health and Education 12.0% 12.3% Leisure and Hospitality 9.4% 10.4% Financial Activities 9.2% 8.0% Manufacturing 6.3% 8.1% Resources, Mining & Construction 5.1% 5.8% Other Services 3.2% 3.6% Information 2.4% 2.5% Dallas-Fort Worth Metropolitan Statistical Area (MSA) Source: US Census Bureau, 2015;, 2015. Source: Texas Workforce Commission; Bureau of Labor Statistics; Bureau of Economic Analysis; Info USA; ; C2ER; CoStar.com. 5

City of Dallas in the Region The City of Dallas is the urban core and largest city in the Dallas- Fort Worth Metroplex, the nation s fourth most populous metropolitan area with 6.8 million residents. Dallas accounts for 27% of the economic output, 37% of the office space and 25% of the industrial space in DFW. If the City of Dallas were a corporation, it would be #801 on the Fortune 1000 list. Dallas is the hub of business in North Texas. Thirty-eight percent of all businesses headquartered in DFW that employ more than 1,000 people globally are based in the city. Dallas has over 19,000 microbusinesses, and a quarter of all small businesses in DFW are located in Dallas. Dallas is the center of the tourism and convention industry in Dallas -Fort Worth. Twenty-eight percent of all hotel rooms in DFW are located in the City of Dallas, more than twice as much as any other city. Dallas is the ninth best convention center destination in the U.S., according to Cvent. Dallas has superior transportation options. With city-owned Dallas Love Field only six miles from downtown, residents have a short and hassle-free trip to and from the airport. In October 2014, destination restrictions from Love Field were lifted and fliers now enjoy more non-stop flights than ever before. Additionally, Dallas has 44 light rail stations, the hub of the largest transit network in DFW, including a direct link to DFW Airport. Dallas is North Texas urban lifestyle center, and neighborhoods in Dallas are truly diverse. Residents can choose from funky downtown lofts, sophisticated high rises with concierge services, stately historic mansions, charming bungalows, ranch homes that are perfect for families, modern style, eco-friendly homes, and even homes with lots of over an acre. Dallas has many options for mixed-use living where restaurants, retail stores and good transportation options are just steps away from your front door. High-quality apartments are also plentiful, with many near nightlife, light rail, major employment centers and transportation corridors. 6

Metro 2010-2014 Population Growth Rate Cost of Living (2014 Annual Avg; US Avg.=100) Dallas-Fort Worth Metro Area Comparisons Median House Price (Q4 2014p) 2013-2014 Employment Growth Rate Median Household Income Unemployment Rate (March 2015p) Atlanta 5.8% 99.6 $157,700 1.6% $56,605 5.9 Chicago 0.9% 116.7 $195,100 2.0% $62,118 6.4 Dallas 7.8% 95.8 $189,600 3.3% $58,356 4.0 Houston 9.1% 99.0 $199,300 3.5% $57,712 4.2 Los Angeles 3.2% 135.1 $450,900 2.4% $60,252 6.6 New York 2.5% 222.6 $390,000 1.6% $62,878 6.0 Phoenix 6.6% 96.2 $200,300 3.0% $53,228 4.8 Source: U.S. Census Bureau, Cumulative Estimates of Resident Population Change and Rankings: April 1, 2010 to July 1, 2014, Texas Workforce Commission, 2015, C2ER 2014 Cost of Living, National Association of Realtors, Bureau of Labor Statistics- Payroll Employment, U.S. Bureau of Labor Statistics, values not seasonally adjusted. Credit: DCVB 7 Ten Most Populous U.S. Metro Areas (Millions) in 2014 New York 20.09 Los Angeles 13.26 Chicago 9.55 Dallas-Fort Worth 6.95 Houston 6.49 Philadelphia 6.05 Washington 6.03 Miami 5.93 Atlanta 5.61 Boston 4.73 Source: U.S. Census, Annual Estimate of the Resident Population for July 1, 2014.

Dallas and the Texas Economy The Texas economy is strong and diverse. Major industry sectors include: Transportation Aerospace and defense Financial services High-tech electronics Energy Retail and wholesale trade Benefits of Texas as a place to do business: No personal income tax Affordable land Large labor force of 13.1 million and population of 26.96 million 107 Fortune 500 company headquarters (second most) Lower unemployment rate (annual 2014 rate was 5.1%, 1.1% lower than the U.S. rate) 2nd highest real gross state product in the nation ($1.39 trillion in 2013) Dallas-Fort Worth is the largest metro area in Texas and is economically strong: Has 25.8% of the total state population Produces nearly 30% of Texas total economic output Has 37% of Texas high-tech workforce 8

U.S. and Global Context Population of Similarly-Sized Global Metropolitan Areas Rotterdam-Amsterdam (7,082,700) Dallas-Fort Worth (6,954,330) Madrid (6,677,300) Toronto (6,036,800) Singapore (5,472,700) Source: Brookings analysis of data from Oxford Economics, Moody's Analytics, and U.S. Census Bureau. Metropolitan Economic Output ($Billions) Denver Los Angeles Mexico City Montreal Chicago New DALLAS Panama Quito Miami Sao Paulo Source: "Global MetroMonitor2014: An Uncertain Recovery" (Washington: Brookings Institution, 2014). 9

1841 - founded as trading post on a Republic of Texas military highway and Trinity River crossing 1873 - secured North Texas first railroad crossing 1907 - luxury retailer Neiman Marcus opened 1909 - first skyscraper in Dallas and the southwestern U.S. opened 1913 - awarded the eleventh Federal Reserve district headquarters 1927 - world s first convenience store opened, now known as 7-Eleven 1928 - purchased Love Field to become one of the first aviation-savvy cities 1957 - Dallas Market Center opened, eventually playing host to more than 75,000 buyers a year 1958-62 - invented the integrated circuit (Texas Instruments) and data processing services (Electronic Data Systems), making Dallas a leading technology city 1967 - Southwest Airlines established 1971 - margarita machine invented 1973 - collaborated with Fort Worth to build DFW International Airport 1975 - Chili s opened, pioneering the casual dining industry 1996 - opened Dallas Area Rapid Transit rail system 2007 & 2008 - Comerica and AT&T relocated their headquarters to Dallas 2009 - opened AT&T Performing Arts Center in the Arts District, the largest district in the nation 2012 - Klyde Warren Park opened over Woodall Rodgers Freeway, unifying downtown and Uptown Economic Milestones From the collections of the Texas/Dallas History and Archives Division, Dallas Public Library. 10

Overview Map Disclaimer: This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries. 11

Dallas City and Metro Demographics City of Dallas Dallas-Fort Worth Metro Population 2013 Estimate % 2013 Estimate % Residents 1,257,676 6,812,373 Median Age 32.1 34.2 Credit: DCVB Race and Ethnicity Non-Hispanic White 370,695 29.5 3,334,245 48.9 Non-Hispanic Black 300,647 23.9 1,011,661 14.9 Hispanic 519,736 41.3 1,908,843 28.0 Non-Hispanic Other Race 66,598 5.3 557,624 8.2 Credit: DCVB Foreign Born 306,314 24.4 1,192,165 17.5 English as Second Language Primary Language; Spanish 430,468 37.3 1,546,409 22.7 Primary Language; Other 58,764 5.1 490,491 7.2 Credit: DCVB Household and Income Total Households 476,733 2,406,092 Median Household Income $41,978 $57,398 Per Capita Income $28,522 $29,738 Source: U.S. Census Bureau American Community Survey 1-Year Estimates, 2013. 12

Commuting and Labor Shed Dallas Draws from a Regional Workforce The City of Dallas, and downtown Dallas in particular, is the transportation hub of Dallas-Fort Worth. The regional highway network converges on downtown Dallas, with the intersection of I-35E, I-30 and I-45, along with the termini of the Dallas North Tollway and the North Central Expressway. The average commute time to work is 25 minutes for a resident in the City of Dallas and a 26.6 minute average for a resident in greater Dallas-Fort Worth. Employees working in the downtown Dallas Central Business District (CBD) commute from around the metro area, including a high concentration who live just north and east of downtown. The Downtown Dallas workforce: 53.0% live in Dallas County 10.2% live in Tarrant County 10.2% live in Collin County 6.8% live in Denton County Labor Shed for employees working in the downtown Dallas CBD. Source: U.S. Census Bureau Local Employment Dynamics, 2013 13

Year in Review 2014 Year in Review / Awards Award-Winning Economic Development Private investment committed via public-private partnership program: $298,300,000 New developments and projects by public-private partnership program: 20 New jobs anticipated to be created or retained by public-private partnership program: 4,584 Total private investment committed in TIF Districts: $602,782,303 Total public funds committed to projects in TIF districts: $137,208,066 Major Projects 2013 American Planning Association Texas Chapter Project Planning Award: Dallas TOD Area Plans 2013 American Planning Association Texas Chapter Current Planning Award: Valley View-Galleria Area Plan 2013 D Magazine Best Medical Project Award: Dallas Proton Treatment Center 2013 Dallas Business Journal Best Deal Award: Dallas Proton Treatment Center Santander Consumer USA Inc. relocated and expanded its headquarters operations to downtown s Thanksgiving Tower, located at 1601 Elm St. The company leased approximately 350,000 sq. ft. in Thanksgiving Tower, which is undergoing a $100 M renovation. The company is investing $10 M in tenant improvements as well as an estimated $6 M investment in business personal property at the site. Total employment will reach 1,400 jobs in downtown by the end of 2015. Active Network and Omnitracs relocated their headquarters to 717 N. Harwood Street in downtown Dallas. Active Network is creating 1,000 new jobs and investing a minimum of $3,000,000. Omnitracs is creating at least 450 new jobs and investing a minimum of $3 M. Combined, the two companies leased approximately 300,000 sq. ft. U.S. Cold Storage expanded its operations by 200,000 square feet of warehouse/distribution space at 2225 N. Cockrell Hill Road. The expansion will create a minimum of 25 new jobs and $18 M in investment. Downtown Dallas momentum continued with City Council approval for public-private partnerships on the rehabilitation of several downtown buildings, including the Statler-Hilton, The Olympic, Mid-Elm Lofts, Hartford Building, and 711 Elm. Projected private investment will exceed $440 M, adding a mix of new residential units, hotel rooms and retail space. Construction started on several projects including The Olympic, Statler-Hilton, and The Grand Ricchi, while work neared completion on Alto 211 and Lone Star Lofts Phase II. Phase I of Cypress Waters includes 673 residential units with an estimated value of $45 M. Phase II, a multi-part office project, is under construction, and the first 521,000 sq. ft. of office space was completed in December 2014. An additional 141 residential units and a new office building are expected to start construction in the early 2015. More than 880,000 sq. ft. of office and another 500 residential units are expected to be complete in the next five years. Nationstar Mortgage and Meritage Homes are among the first corporate tenants. Cox Farms Market opened in April 2014, the first tenant in the new $30 M Sylvan Thirty development, under construction at Sylvan Ave. and Fort Worth Ave. in West Dallas. The project, with 200 residential units and 53,800 sq. ft. of retail space, will be completed in 2015. Construction was completed on Lancaster Urban Village, a mixed-use development located near the Dallas VA Medical Center. The $30 M project includes 193 apartments with 15,000 SF of retail space. 14

Major Dallas Industries The City of Dallas has a notably higher concentration than the nation of mining, construction, manufacturing and logistics occupations, as well as high-end business service and information occupations. Industry Dallas-Fort Worth MSA Employment by Industry (Annual 2014p) Jobs Comparative City, DFW and National Industry Jobs Mix Trade, Transportation, & Utilities 657,175 Professional & Business Services 507,167 Government 398,458 Educational and Health Services 389,525 Leisure and Hospitality 328,608 Manufacturing 256,583 Financial Activities 253,383 Mining, Logging & Construction 183,492 Other Services 114,192 Information 80,175 Total 3,168,758 Source: Texas Workforce Commission, Bureau of Labor statistics, (Annual 2014p). 15

Fortune 500 Companies Dallas is one of the world s leading corporate headquarters centers. It boasts: 21 Fortune 500 companies and 41 Fortune 1000 companies in DFW 7 companies on the 2014 Forbes list of America s Largest Private Companies (DFW) 656 total headquarters operations that employ at least 1,000 globally (DFW) Fortune 500 Companies headquartered in the City of Dallas (2015) Dallas efficiency as a headquarters city is based on its: Quality transportation system with air operations to 146 U.S. and 53 international cities Large metro professional services workforce - 536,217 jobs (DFW MSA 2014 average) Affordable cost of business with a cost of living 95.8% of the national average (2014) Central location and great business culture Source: Fortune, Forbes, Hoovers, City of, C2ER, and Texas Workforce Commission. Other DFW Fortune 500 companies Exxon Mobil American Airlines Group Fluor Corp. Kimberly-Clark J.C. Penney GameStop D.R. Horton, Inc. Commercial Metals Celanese Dr. Pepper Snapple Group Alliance Data Systems Pioneer Natural Resources 16

Dallas-Headquartered Companies The City of Dallas is home to: Largest Publicly-Traded Companies Headquartered in Dallas 126 publicly-traded companies 2,982 company headquarters 181 Class A office buildings Over 6,000 industrial/flex buildings Source: Hoovers and CoStar. 17

Company* Description DFW Top 25 Private Employers (Page 1 of 2) Local Employment Main Local Address Zip Code Headquarters Wal-Mart Stores Retailer 52,700 Bentonville, AR American Airlines Group Airline 23,700 4333 Amon Carter Blvd., Fort Worth 76155 Fort Worth Baylor Health Care System Hospital and health care 22,000 2001 Bryan St., Dallas 75246 Dallas Texas Health Resources Hospital and health care 16,205 612 E Lamar Blvd., Arlington 76011 Arlington Bank of America Banking 15,400 901 Main St., Dallas 75202 Charlotte, NC JPMorgan Chase Banking 13,000 2200 Ross Ave., Dallas 75201 New York, NY Texas Instruments Semiconductors 13,000 12500 TI Blvd., Dallas 75243 Dallas Lockheed Martin Aeronautics Aviation and aerospace 12,600 1 Lockheed Blvd. MZ 1224, Fort Worth 76108 Bethesda, MD HCA North Texas Division Hospital and health care 11,612 6565 N. McArthur Blvd., Ste. 350, Irving 75039 Nashville, TN Target Retailer 8,671 Minneapolis, MN Southwest Airlines Airline 8,345 2702 Love Field Dr., Dallas 75235 Dallas Verizon Communications Telecommunications 8,100 600 Hidden Ridge, Irving 75038 New York, NY Raytheon Aviation and aerospace 8,000 2501 W. University Dr., McKinney 75071 Waltham, MA Bell Helicopter Aviation and aerospace 6,500 600 E. Hurst Blvd., Fort Worth 76053 Fort Worth Citigroup Financial Services 5,900 6400 Las Colinas Blvd., Irving 75039 New York, NY Source: Dallas Business Journal Book of Lists, 2014. *AT&T, Fidelity, and Frito Lay did not submit information. They are believed to also be among the largest North Texas employers. 18

Company* Cook Children s Health Care System Description DFW Top 25 Private Employers (Page 2 of 2) Local Employment Main Local Address Zip Code Headquarters Hospital and health care 5,611 801 7th Ave., Fort Worth 76104 Fort Worth Methodist Health System Hospital and health care 5,486 1441 N. Beckley Ave., Dallas 75203 Dallas Wells Fargo Banking 5,271 201 Main St., Ste. 200, Fort Worth 76102 San Francisco, CA Children's Health System of Texas Hospital and health care 5,200 1935 Medical Center Dr., Dallas 75235 Dallas The Kroger Co. Supermarket 4,935 1331 E. Airport Fwy., Irving 75062 Cincinnati, OH Walgreens Retailer 4,451 8112 Ridgepoint Dr., Ste. 200, Irving 75063 Deerfield, IL Neiman Marcus Group Retailer 4,251 1618 Main St., Dallas 75201 Dallas BNSF Railway United Parcel Service Transportation/Trucking/ Railroad Transportation/Trucking/ Railroad 4,189 2650 Lou Menk Dr., Fort Worth 76131 Fort Worth 4,046 2925 Merrell Rd., Dallas 75229 Atlanta, GA Ericsson Telecommunications 4,000 6300 Legacy Dr., Plano 75024 Source: Dallas Business Journal Book of Lists, 2014. *AT&T, Fidelity, and Frito Lay did not submit information. They are believed to also be among the largest North Texas employers. Stockholm, Sweden 19

Top Recent Relocations/Expansions in Dallas (Page 1 of 5) Company Year* Product/Service Address BT Global Services 2016 Information services (Americas HQ relocation) EnLink Midstream Partners 2016 Oil and gas (HQ expansion) 1722 Routh St. Total Dallas Employment 8951 Cypress Waters Blvd. 250 Serta Dormae 2016 Mattress manufacturing 9200 Old Hickory Trail 100 Amazon 2015 Online retailer (Distribution center) 33333 LBJ Fwy 400+ Comparex USA 2015 Cloud services (North American HQ) 600 N. Pearl St. 180 Mission Foods 2015 Food manufacturing 1415 N. Cockrell Hill Rd. Neiman Marcus 2015 Department store (Office expansion) 1700 Pacific Ave. 90 The Richards Group 2015 Advertising (HQ expansion) 3504 N. Central Expy. 650 Tenet Healthcare 2015 Hospitals (HQ expansion) 1445 Ross Ave. 700 TopGolf 2015 Recreation (HQ expansion) 8750 N. Central Expy. 75+ Ulta 2015 Cosmetics (Distribution center) 4800 Mountain Creek Pkwy. 450 Active Networks / Lanyon 2014 Computers / Data Processing (HQ relocation) Amazon 2014 Online retailer (Regional office) 13455 Noel Rd. Angel Flight South Central 2014 Nonprofit (HQ relocation) 5419 Saturn Dr. 717 N. Harwood St. 1,200 Commemorative Air Force 2014 Museum/Nonprofit (HQ relocation) Dallas Executive Airport 90 Cummins Southern Plains 2014 Engine Manufacturing 4855 Mountain Creek Pkwy 100 20 *Year relocation/expansion made or announced.

Top Recent Relocations/Expansions in Dallas (Page 2 of 5) Company Year* Product/Service Address Mary Kay 2014 Nationstar Mortgage 2014 Cosmetics (Distribution center expansion) Mortgage servicing and origination (HQ relocation) NFI Industries 2014 Logistics (Distribution center) 4040 Pipestone Rd. Total Dallas Employment 1330 Regal Row 697 8950 Cypress Waters Blvd. 1,300 Omnitracs 2014 Transportation management (HQ relocation) 717 N. Harwood St. 450 Santander Consumer USA Inc. 2014 Auto lending (Regional office) 1601 Elm St. 1,400 Southwest Airlines 2014 Passenger airline (HQ expansion) 2702 Love Field Dr. 4,000 The Trunk Club 2014 Retailer (Regional office) 333 1st Ave. Tower Legal Services 2014 Legal services (HQ relocation) 901 Main St. 150 US Cold Storage 2014 Refrigerated storage (Warehousing) 2225 N. Cockrell Hill Rd. 25 White Wave Foods 2014 Food manufacturing (Expansion) 3333 Dan Morton Dr. 85 WingStop 2014 Restaurant (HQ relocation) 5501 LBJ Fwy. Account Control Technology 2013 Call center 11830 Webb Chapel Rd. 300 Accudyne Industries 2013 Fabricated metal product manufacturing (HQ relocation) 2728 N. Harwood St. AT&T 2013 Telecommunications (HQ expansion) 208 S. Akard St. 5,600 (HQ location) Borden Dairy 2013 Food manufacturing (Expansion) 5327 S. Lamar St. 100+ 21 *Year relocation/expansion made or announced.

Top Recent Relocations/Expansions in Dallas (Page 3 of 5) Company Year* Product/Service Address Total Dallas Employment Breitling Energy Companies Inc. 2013 Oil and gas (HQ expansion) 1910 Pacific Ave. Ciao Telecom 2013 Telecommunications (HQ relocation) 8390 LBJ Fwy 65 Conn Appliances Inc. 2013 Distribution center 4800 Langdon Rd. Earthlink Inc. 2013 Data center 2323 Bryan St. General Datatech Inc. 2013 Electronic components wholesalers (HQ expansion) 999 Metro Media Place 180 HKS 2013 Architecture (HQ expansion) 350 N. St. Paul St. 500+ Hotels.com 2013 Internet sales (HQ expansion) 5400 LBJ Fwy. Kohl s Department Stores 2013 Customer service operation center 17657 Waterview Pkwy. 144+ Owens Corning Insulating Systems 2013 Insulation manufacturing 3737 Duncanville Rd. Ozburn-Hessey Logistics 2013 Logistics (Warehouse expansion) 3700 Pinnacle Point Dr. UMB Bank 2013 Financial services (Regional office) 2323 Ross Ave. Universal Lubricants 2013 Warehouse / distribution center 12003 Corporate Dr. 35 Bain & Co 2012 International business consulting (Regional office relocation) 1717 McKinney Ave. Breitling Oil & Gas 2012 Oil & Gas (HQ relocation) 1910 Pacific Ave. 100 CoreSpace Inc 2012 Data center provider (HQ relocation) 7505 John Carpenter Fwy. 20 22 *Year relocation/expansion made or announced.

Top Recent Relocations/Expansions in Dallas (Page 4 of 5) Company Year* Product/Service Address Dealertrack Technologies 2012 HollyFrontier Corp. 2012 On-demand software (Regional office expansion) Petroleum refiner and marketer (HQ expansion) Total Dallas Employment 13737 Noel Rd. 240 2828 N. Harwood St. 100 Home Depot 2012 Hardware Retailer (Distribution center) 2320 Beckleymeade Rd. 75 Jacobs Engineering Group 2012 Engineering, architecture, and construction (Regional office expansion) 1999 Bryan St. 350 L'Oreal 2012 Personal care (Distribution center) 2900 Cedardale Rd. 95+ Mile Hi Specialty Foods Inc 2012 Food distribution (Distribution center) 8900 Old Hickory Trail 60 MV Transportation 2012 Paratransit (HQ relocation) 5910 N. Central Expy. 200 Newmark Grubb Knight Frank 2012 Real estate brokerage (HQ relocation) 2515 McKinney Ave. 50 PFSweb Inc. 2012 Customer contact center 1201 Elm St. 800 Prime Distribution 2012 Logistics 5194 S. Buckner Blvd. 35 Reel FX 2012 Creative studio (HQ expansion) 301 N Crowdus St. 375 Ryan LLC 2012 Accounting & tax services (HQ expansion) 13155 Noel Rd. 550 TopGolf Inc. 2012 Entertainment (HQ relocation) 1717 McKinney Ave. 75 TRT Holdings 2012 Private equity holdings (HQ relocation 4001 Maple Ave. 200 U.S. Patent & Trade Office 2012 U.S. patent system (Regional office) 2007 S. Houston St. 120 23 *Year relocation/expansion made or announced.

Top Recent Relocations/Expansions in Dallas (Page 5 of 5) Company Year* Product/Service Address Total Dallas Employment Wingspan Portfolio Advisors LLC 2012 Mortgage servicing (HQ relocation) 18451 N. Dallas Pkwy. 500 AccentCare 2011 Home healthcare (HQ relocation) 17855 N. Dallas Pkwy. 110+ Benchmark Title LLC 2011 Commercial title company (HQ relocation) 2000 McKinney Ave. 30 Encore Enterprises, Inc. 2011 Call center 2608 Inwood Rd. 200 FedEx Smart Post 2011 Logistics (Warehouse) 3901 Adler Rd. Cambium Learning Group Inc 2010 Cushman & Wakefield of Texas 2010 Curriculum and Educational Software (HQ relocation) Commercial Real Estate (HQ relocation) 17855 Dallas Pkwy. 200 2101 Cedar Springs Rd. 100 Deloitte LLP 2010 Financial services (Regional office) 2200 Ross Ave. 161 MoneyGram International 2010 Money transfer services (HQ relocation) 2828 N. Harwood St. 150 24 *Year relocation/expansion made or announced.

Small Business Statistics City of Dallas 2014 Small Business Share by Industry Estimate Nearly 85% of businesses in Dallas are classified as small. Small businesses account for a significant number of jobs and play a key role in growing real and business personal property tax revenue. Small business is fundamental to workforce development, especially in minority, immigrant and under educated population communities. Small businesses generally are defined as having fewer than 500 employees. The U.S. Small Business Administration (SBA) definition is industry dependent, based upon an annual average number of employees size standard or a three-year averaged sales volume. These industry specific definitions are applied to the City. Small businesses tend to have a very high failure rate, especially in the first years after startup. In certain industries, the failure rate is as high as 90%. Small business success depends upon sound management and administration, access to capital, access to talent, access to markets, and procurement opportunities. The City of Dallas provides assistance to small businesses in the form of the Business Assistance Center Program (BAC). The BAC Program provides benefits for people with low-to-moderate incomes by promoting entrepreneurship through technical assistance and capacity building capability. Source: U.S. Small Business Administration (SBA) 2014, InfoUSA 2014. Additionally, the City provides an online networking service called SourceLinkDallas. SourceLinkDallas connects entrepreneurs to the services and resources they need to start, improve and grow their businesses. The program is an affiliate of the U.S. SourceLink Network created by the University of Missouri Kansas City, the Kauffman Foundation and the U.S. Small Business Administration. 25

Minority and Women-Owned Business Enterprises Nearly 20% of businesses in the City of Dallas are owned by women. In 2014, female firm ownership was most prominent in Education and Health Services and Trade, Transportation, and Utilities. City of Dallas 2014 Minority-Owned Businesses by Industry City of Dallas 2014 Women-Owned Businesses by Industry An estimated 15% of businesses in the City of Dallas are owned by minorities. In 2014, minority firm ownership was most prominent in Education and Health Services and Trade, Transportation, and Utilities, comprising over 46% of all minority owned business. 26 Source: InfoUSA 2014

Research and Development Dallas-Fort Worth Academic Institution R&D Expenditures A large concentration of high-tech companies and academic institutions make Dallas-Fort Worth a center for research and development in science and technology. Dallas-Fort Worth leads all metropolitan areas in Texas in the total number of utility patents granted since 2000. UT Southwestern Medical Center in Dallas is recognized worldwide as a leader in medical research and receives more than $400 M annually to fund approximately 3,300 research projects per year. Corporations such as AT&T and Texas Instruments spend billions of dollars annually on research and development in technology fields. Utility Patents Granted in Texas by Metropolitan Area (2000 to 2013) National Ranking R&D Expenditure ($000) UT Southwestern Medical Center 45 440,620 The University of Texas at Dallas 147 98,842 The University of Texas at Arlington 155 86,735 The University of North Texas 200 49,518 Southern Methodist University 254 22,544 Source: National Science Foundation, Academic Institution Profiles, 2013. 28,696 28,257 26,039 Kilby Labs at Texas Instruments, Dallas Texas. Courtesy of Texas Instruments. Dallas-Fort Worth Corporate R&D Activity 3,431 670 Dallas-Fort Worth Austin Houston San Antonio College Station Source: US Patent and Trademark Office, Patenting In Technology Classes, 2013. R&D Spending (2014) Patents Granted (2011-2013) AT&T $1.73 B 4,389 Texas Instruments $1.36 B 2,383 Exxon Mobil $971 M 1,020 Kimberly-Clark $368 M 585 27 Source: Wharton Research Data Services, 2014; US Patent and Trademark Office, Patenting In Technology Classes, 2013.

International Trade Dallas-Fort Worth District International Trade* 2014 (Millions) $US Millions China South Korea Canada Japan Taiwan Malaysia United Kingdom Thailand Germany Singapore France Mexico Netherlands The Dallas-Fort Worth International Airport serves as a regional Port of Entry for customs clearance. With over 1,100 acres leased and 12.1 M square feet of cargo and warehouse space constructed, the Dallas-Fort Worth International Airport offers a full-range of on-site logistics support services including freight forwarders, customs brokers, and third party logistics companies. In 2014, over 700,000 tons of cargo enplaned and deplaned at DFW Airport alone, a 6.5% increase from 2013. Credit: DCVB $35,000 $30,000 $25,000 Exports Imports $20,000 $15,000 Total DFW International Trade* Import Export Total $10,000 Top 10 Trading Partners 86% 68% 79% $5,000 $0 Total World Trade ($ Million) $56,758 $20,614 $77,372 *The Dallas-Fort Worth Trade District is defined by the US Census Bureau. Ports in the DFW District include: Dallas/Fort Worth, TX; Amarillo, TX; Lubbock, TX; Oklahoma City, OK; Tulsa, OK; Austin, TX; San Antonio, TX; Midland International Airport; Fort Worth Alliance Airport, Addison Airport. Country (Ranked By Total Trade) Source: Dallas-Fort Worth Trade District, USA Trade Online 2015. 28

Logistics Infrastructure Dallas is centrally located in North America and connected to the continent and the world by highway, rail and air. Within 48 hours from Dallas, over 35% of the US population can be reached by truck and over 98% by rail. By plane, all major U.S. business centers can be reached in 3.5 hours or less. DFW Airport provides non-stop access to 147 U.S. and 55 international cities, and is a hub for American Airlines. In 2014 DFW Airport served over 63.5 million passengers and 700,000 tons of cargo. It s the U.S. s fourth busiest airport and 9th busiest in the world. Dallas Love Field flies 204 daily nonstop flights, on three runways, serving 9 million passengers annually. It is home to the corporate headquarters of Southwest Airlines. In October 2014, a new 20-gate terminal opened as flight restrictions were lifted to allow more nonstop destinations. Dallas is a major interstate hub, with five interstate highways (I-20, I-30, I-35, I-635, and I-45) within the city limits, two major loop roads and 19 federal and state highways. Three major rail lines pass through Dallas: Burlington Northern Santa Fe (BNSF), Kansas City Southern and Union Pacific. Four rail intermodal facilities operate in the region. Destination Distance Air Travel (miles) (hours) Road Travel (hours) Atlanta 781 2 11.75 Chicago 986 2.25 15 Denver 882 2 13 Detroit 1,216 2.5 18 Kansas City 554 1.5 8 Los Angeles 1,435 3.5 21 Memphis 452 1.5 6.75 Mexico City, DF 940 2.5 18 Monterrey, MX 540 2 8.5 Montreal 1,785 3.5 27 New York 1,548 3.5 24 Seattle 2,200 4.5 32 Toronto 1,454 3 22 Vancouver 2,335 4.5 34 Washington, D.C. 1,329 2.75 20 Source: American Airlines (air), Google Maps (road), Times and distances approximate Credit: DCVB 29

There are 62 Dallas Area Rapid Transit (DART) light rail stations over 85 miles of tracks. The DART system includes light rail, Trinity Railway Express (TRE) and buses serving Dallas and 13 surrounding cities across a 700-square-mile service area. The Dallas Area Rapid Transit rail system has grown steadily over the years. The DART Green Line constituted the largest addition to a light rail network in the U.S. in 2011. An extension to DFW Airport opened in August 2014, and an extension to the University of North Texas at Dallas campus will open in December 2016. The 45 light rail and commuter rail stations in the DART Rail Network City of Dallas are attracting dense, mixed-use developments, such as Mockingbird Station, Cityplace / West Village, South Side on Lamar, and The Shops at Park Lane. Public Transportation Transit-oriented development meets several goals for the City: It adds sustainable density that can accommodate expected growth; It provides new retail, employment and entertainment anchors for Dallas neighborhoods; It improves mobility; It improves energy efficiency. The city s TOD initiatives are being supported by: Tax increment financing (TIF) programs, including the TOD TIF District, for the specific purpose of boosting development near rail stations; and Infrastructure investment in multimodal connections around stations. Streetcars are adding diversity to transit nodes. The McKinney Avenue Streetcar connects the Cityplace Uptown Station to downtown through the bustling Uptown neighborhood and Klyde Warren Park. The first phase of the modern Dallas Streetcar opened in April 2015, connecting downtown Union Station to Methodist Hospital and, by 2016, to the vibrant Bishop Arts District. Oak Cliff Streetcar Vision Green Line DART Station Mockingbird Station McKinney Avenue Trolley The Haven at Lake Highlands Town Center Dallas Streetcar 30

Water Supply Dallas Water Utilities provided over 135 billion gallons of treated water in 2014 for Dallas and 27 surrounding cities. The system has the capacity to supply 900 million gallons of treated water daily and maintains a water supply plan to accommodate the next 50 years of growth for the city. Even as population grows, water use is declining more than projected. Daily water use has decreased by 22 percent since 2001 when stricter conservation measures were adopted, such as leak detection, maintenance and repair, and conservation and reuse. Dallas Water Utilities Water Usage Water Conservation Incentive Commercial, Industrial, Business and Institutional Customers Free Assessment and Rebate for Upgrades Businesses may apply for a free assessment of water efficiency to review all end uses of water in business operations, identifying opportunities to increase efficiency. The City of Dallas Water Conservation Program offers up to $100,000 in site-specific rebates for the cost of new equipment and processes that conserve water at existing facilities. http://www.savedallaswater.com/water-efficiency-rebates 31

2012 Bond Package The $600 million 2012 bond program approved by Dallas voters follows the largest in Dallas history, approved in 2006. The overall mix of projects focuses on core city assets with transportation ($221M), flood control ($323M) and economic development ($55M) receiving funding. Economic Development Plan The 2013 Strategic Engagement Economic Development Plan has three main strategies for preparing Dallas for the future: Grow the economy Increase economic opportunities for residents Broaden and diversify the tax base Achieving these will contribute to the fourth objective: Assist in the development of sustainable communities For more information on Strategic Engagement, visit http://www.dallasecodev.org/resources/plans-and-reports/plans-status/ Transit-Oriented Development Policy Dallas Commitment to Invest in Itself The City s commitment to linking employment centers with workers through its expanding transit network continues to grow. In April 2013, the Dallas City Council adopted five plans under the Dallas TOD program covering seven DART light rail stations. Comprehensive Plan City Council adopted Dallas first comprehensive plan, forwarddallas!, in 2006. It provides a vision of a former suburban Sunbelt boom town transformed into a thriving 21st century metropolis a city that offers a balance of urban and suburban living and working opportunities. The vision calls for: Development Policy Quality housing made more attainable; Strong and healthy neighborhoods; Enhanced transportation systems; Environmental sustainability; New development patterns; and An enhanced economy through balanced land use and strategic public investments. A planning initiative is underway throughout 2015 to refresh the housing and neighborhood elements of the forwarddallas! Plan to establish a strong focus on fostering vital neighborhoods throughout Dallas and enhancing policies and programs to support neighborhood revitalization. Six key strategies will define this initiative: Creating an organizational framework for collective impact, alleviating poverty, fighting blight, attracting and retaining the middle class, increasing homeownership and enhancing rental housing options. For more information, visit http://www.inspire-dallas.org 32

Redevelopment Programs Opportunities for growth in Dallas range from green-field development to infill redevelopment. As a relatively young city the infrastructure in Dallas is newer than many large U.S. cities. Tax Increment Financing (TIF) districts allow the city to reinvest added tax revenue from new development back into the area where it originated, which further stimulates new private development and increases real estate values. Dallas currently has 17 active TIF districts. Public Improvement Districts (PIDs) allow for certain improvements above and beyond basic city services in neighborhoods that choose to impose a special assessment tax on themselves. PIDs may provide activities such as marketing, additional security, landscaping and lighting, street cleaning, cultural and recreational improvements, and event planning. The Neighborhood Investment Program (NIP), administered by the city s Housing Department, is a public investment program involving five targeted areas in Dallas that show signs of distress such as high numbers of vacant lots, aging housing and code compliance complaints. The Housing Department invests 60 to 80 percent of its resources within these areas to encourage investment in single family homes. Municipal Management Districts (MMDs) are designated by the Texas Commission of Environmental Quality. Approved by the City, but run by a board, each is distinct. Funding through tax exempt bonds, special assessments, property taxes and impact fees can be used to provide additional public safety, traffic control, landscaping, lighting, streets, drainage, sanitation, or parking facilities. The New Market Tax Credit (NMTC) program provides investors a federal tax credit for investment in traditionally underserved neighborhoods that meet specific criteria. The federal EB-5 immigration process through the City of Dallas Regional Center (CDRC) assists individual investors and their families via investment into businesses and development projects located within the Dallas city limits. 33 Disclaimer: This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-theground survey and represents only the approximate relative location of property boundaries.

Economic Development Business Incentives Business Development Programs Dallas offers an array of economic development incentives to qualifying businesses. Incentives include: City of Dallas Regional Center (CDRC) (EB-5) The CDRC is dedicated to assisting individuals and their families through the EB-5 immigration process via investment into businesses and development projects located within the Dallas city limits. The CDRC offers a variety of qualified investments to foreign investors that meet or exceed Program requirements, and offer investors features unique to the EB-5 community. Economic Development Grants Companies considering a relocation/expansion or new commercial development may be eligible for a grant in lieu of tax abatement or to offset project costs such as: land purchase, building costs, public infrastructure costs, development fees, right of way abandonment fees, loan guarantees, training costs, relocation costs, etc. Foreign Trade Zone Where designated, allows duty-free importing of foreign-made components that are assembled, manufactured, processed, or packaged. Products for export are not taxed. DFW Airport s Alternative Site Framework expedites approval of FTZ projects in the City of Dallas. Freeport Tax Exemptions Ad valorem tax exemptions for goods that are detained in Texas for 175 days or less. Incentive depends on location. Historic Tax Credits Abatement of city real property taxes for a period up to 10 years if a building has been designated as a Dallas landmark and a restoration is planned. Job Training Workforce development in Dallas is coordinated and implemented by the Dallas County Community College District (DCCCD) and Workforce Solutions Greater Dallas. DCCCD opportunities include: basic skills, GED preparation, and skills enhancement. Workforce facilitates employer access to qualified employees, as well as provides job training, workplace education, child care and educational initiatives. New Markets Tax Credits The NMTC program is a federal program operated by the Department of Treasury that provides opportunities for new development in traditionally underserved areas. Corporate or individual investors can receive tax credits for qualified investments. Tax Abatements City may provide tax abatements for eligible projects on the value added to real property or new business personal property. When you are ready to discuss your business or development needs contact the Office of Economic Development at 214-670-1685. NOTE: INCENTIVES NEGOTIATED OR PROPOSED BY CITY STAFF ARE SUBJECT TO SPECIFIC FEDERAL, STATE AND LOCAL GUIDELINES, FUNDING AVAILABILITY AND CITY COUNCIL APPROVAL. DEPENDING ON THE INCENTIVE, THERE MAY BE ADDITIONAL RESTRICTIONS BASED ON GEOGRAPHY, PROJECT SIZE AND OTHER FACTORS. 34

Taxes Local Property Tax Per $100 of Appraised Value for Real & Business Personal Property*, 2014-2015 Dallas City Rate $0.797000 County Rates: Dallas County Combined $0.663875 Collin County Combined $0.31696 Denton County Combined $0.272200 School District Rates: Carrollton-Farmers Branch ISD $1.3033 Coppell ISD $1.449 Dallas ISD $1.282085 Duncanville ISD $1.41 Garland ISD $1.2533 Highland Park ISD $1.1181 Mesquite ISD $1.41 Plano ISD $1.448 Richardson ISD $1.34005 *Homeowner and other exemptions may apply. Texas does not have: State Personal Income Tax Local Personal Income Tax State Property Tax Local Occupation Tax Local Wage Tax Dallas Sales Tax* State 6.25% Local 2.0% Total 8.25% *Exemptions, such as manufacturing, may apply. Franchise/Margin Tax Applicable to any legal entity doing business in Texas and that is organized to have some form of limited liability protection (i.e. corporations, partnerships and business associations). Does not apply to most sole or general proprietorships; partnerships that have only individuals as partners; certain passive entities; certain grantor trusts, estates of natural persons and escrows; real estate mortgage investment conduits and certain real estate investment trusts; and unincorporated political committees. The tax is based on an entity s margin, which is the lower of either: total revenue minus the cost of good sold; total revenue minus compensation; or total revenue times 70 percent. Qualified wholesalers and retailers pay 0.5%; most entities pay 1.0%. Entities with $10 million or less in total revenue pay 0.575%. Effective 1/1/16, tax rates change to: 0.75% for entities not primarily engaged in retail or wholesale trade; 0.375% for taxable entities primarily engaged in retail or wholesale trade; and 0.331% for entities with total revenue of $20M or less. Contact the Texas Comptroller s Office for complete rules and regulations. 35

Utility Pricing Dallas Water Utilities Residential 1 Water Cost Per 1,000 Gallons Sewer Cost Per 1,000 Gallons Up to 4,000 Gallons $1.80 $4.95 4,001 to 10,000 Gallons $3.91 $4.95 10,000 to 15,000 Gallons $5.50 $4.95 Above 15,000 Gallons $7.63 $4.95 Dallas Water Utilities General Services 1 Water Cost Per 1,000 Gallons 1 Prices reflect prompt-pay discount and are effective October 1, 2014. Sewer Cost Per 1,000 Gallons Up to 10,000 Gallons $3.05 $3.70 Above 10,000 Gallons $3.45 $3.70 Above 10,000 Gallons and 1.4 Times Annual Average Monthly Usage $5.00 $3.70 Dallas Water Utilities Optional General Services 1 Water Cost Sewer Cost 1st Million Gallons or Less (Minimum) Above 1 Million Gallons (Per 1,000 Gallons) $2,025.00 $3.38 $2.75 $3.38 Sewer Metered Separately $3.50 Electricity Most of Texas, including Dallas, is in a deregulated area for electricity choice. Business customers may choose from multiple electricity providers and negotiate best rates based on their individual needs. For more information about Texas electricity providers, visit www.powertochoose.com. The residential average per kwh in Texas is 11.94 cents, the commercial average is 8.25 cents and the industrial average is 6.07 cents as of November 2014, according to the United States Energy Information Agency. Natural Gas 2 Customer Charge/Mo. Commodity Charge/CcF or MMBtu Residential $18.50 $0.06980 Commercial (<3,000 avg. McF/Yr) $37.00 $0.06351 Industrial $665.00 $0.0181 to $0.1570 2 Excludes additional charges such as gas cost recovery, weather normalization, taxes and fees. Rate is current as of June 1, 2014 and is subject to change. Source: http://www.atmosenergy.com/about/tariffs.html?st=mtx#tariffs Telephone 3 Single flat business line with unlimited long distance bundle Small office with T-1-type facility (about 92 voice lines with limited data) - 36-month term Higher bandwidth with 100 voice lines and more data Price/Mo Starts at $55 $1,000 to $1,800 $1,600 to $2,500 3 Estimates Source: AT&T. Please go to ATT.com for further assistance. Other providers prices may vary. 36

Industrial Rents Industrial / Flex Gross Rent Per SF for Dallas Submarkets Central East Dallas $5.57 East Brookhollow $6.36 East Dallas / Mesquite $9.09 East Hines North $5.20 Eastern Lonestar / Turnpike $3.84 Northeast Dallas / Garland $4.27 North Trinity $8.75 Redbird Airport $4.37 Richardson $9.26 Southeast Dallas / I-45 $3.36 Southwest Dallas / US-67 $3.82 West Brookhollow $4.19 West Hines North $5.36 Western Lonestar / Turnpike $5.64 Source: CoStar Property Analytics, Q4 2014 37

Office Rents Office Gross Rent Per SF for Dallas Submarkets Class A Class B Class C Central Expressway $24.14 $19.42 $24.05 Dallas CBD $22.53 $19.26 $16.16 East LBJ Freeway $22.56 $17.09 $15.30 Preston Center $35.48 $28.21 $28.12 Quorum / Bent Tree $25.89 $17.80 $14.00 Richardson $22.14 $17.18 $14.56 Southeast Dallas N/A $14.59 $14.87 Southwest Dallas $21.84 $15.40 $15.26 Stemmons Freeway $18.65 $13.88 $12.21 Uptown / Turtle Creek $34.60 $30.66 $25.20 West LBJ Freeway $17.25 $17.43 $11.00 White Rock $33.96 $19.09 $16.87 Source: CoStar Property Analytics, Q4 2014 38

Dallas diverse business environment offers almost any career the opportunity to grow. Over 62,000 businesses call the City of Dallas home, including global leaders such as Texas Instruments, AT&T, Comerica and Southwest Airlines. Dallas 58,000 small businesses offer numerous employment opportunities. 21 Fortune 500 companies are based in the Dallas area Dallas job growth rate has exceeded the nation since 2003 and is forecasted to grow faster than the nation through 2020. Dallas unemployment rate has been below the nation s for over seven years. DFW has 216,886 technology jobs, 32.0 percent of all technology jobs in Texas, creating the state s deepest technology labor pool (Dallas Regional Chamber). Projected Percentage Job Growth and Job Levels Selected High Tech Occupations 2010-2020 Dallas Workforce Development Area Career Opportunities Dallas City Payroll Employment By Sector (2014) Trade, Transportation, and Utilities 20.9% Professional and Business Services 16.3% Education and Health Services 14.8% Leisure and Hospitality 10.0% Government 10.0% Financial Activities 9.9% Manufacturing 7.1% Mining, Logging and Construction 4.3% Other Services 3.5% Information 3.2% Source: City of Dallas analysis based on Texas LMI, Bureau of Labor Statistics and Info USA. Percentage Change in Employment for 11 Largest Metro Areas July 2012 to July 2013 39 Source: U.S. Bureau of Labor Statistics, Payroll Employment

Workforce Workforce Employment (Annual 2014 ) City of Dallas DFW Total Labor Force 638,792 3,559,552 Total Employed 605,501 3,382,451 Unemployment Rate 5.2% 5.0% Source:. Level Dallas-Fort Worth Educational Attainment (Highest Level Achieved, 2013) Number Percent With Graduate or Professional Degree 473,859 10.9% With Bachelor's Degree 939,513 21.7% With Some College/Associates Degree 1,270,579 29.4% With High School Diploma 972,140 23.1% Source: U.S. Census Bureau -2013 American Community Survey 1-Year Estimates. Dallas-Fort Worth Labor Market by Occupation (Annual 2014) Occupation Workers Annual Wages All 3,168,590 $47,670 Architecture & Engineering 143,550 $120,510 Art, Design, Entertainment & Media 182,760 $75,400 Building/Grounds Maintenance 133,660 $83,310 Business & Financial 64,650 $83,810 Community & Social Services 17,230 $64,260 Computer & Math. Science 25,180 $47,650 Construction and Extraction 24,230 $100,740 Education, Training & Library 169,200 $49,660 Farming, Fishing & Forestry 34,860 $53,550 Food Prep. and Serving Related 160,390 $77,640 Healthcare Practitioner & Technical 71,720 $30,890 Healthcare Support 73,290 $41,230 Installation, Maintenance & Repair 281,400 $21,350 Training and Hiring Assistance The Texas Workforce Commission can facilitate customized training through state-funded skills grants. Texas workforce development boards offer monetary assistance to businesses that hire unemployed Texans. 19.8% increase in jobs forecast for 2022 Source: Texas Labor Market Information for Dallas WDA. 40 Legal 88,710 $23,050 Life, Physical & Social Science 87,260 $23,240 Management 354,740 $43,320 Office and Administrative Support 586,370 $36,110 Personal Care & Service 1,640 $23,310 Production 125,630 $37,850 Protective Service 127,330 $43,680 Sales and Related 186,770 $33,590 Transportation & Material Moving 228,010 $32,710 Source: U.S. Bureau of Labor Statistics, May 2013.

Unions For Employers Texas is a right-to-work state: Mandatory union membership is prohibited. No person can be denied employment or otherwise discriminated against in employment decisions based on the status of his or her membership in a union. 2014 Union Members % of Workforce Covered Workers % of Workforce DFW Total Workforce Organized 166,135 5.3 205,092 6.6 DFW Private Workforce Organized 88,540 3.2 118,288 4.3 DFW Public Workforce Organized 77,595 21.9 86,804 24.5 State of Texas Total Workforce Organized 543,434 4.8 699,705 6.2 Source: http://www.unionstats.com/; U.S. Bureau of Labor Statistics. Workers Compensation In most cases, workers compensation coverage is voluntary. Rates that companies pay for coverage vary based on the company and that company s past history. Average weekly wage is $860.52 for October 1, 2014- September 30, 2015. Source: Texas Department of Insurance, Workers Compensation Division. http:// tdi.texas.gov/wc/employee/maxminbens.html. Unemployment Insurance 2015 taxable base is up to $9,000 per employee per year. 2015 Rate Existing Employers (after 6 quarters of existence) 0.47% to 7.49% New Employers (for first 6 quarters) 2.7% Maximum Weekly Benefit $465 Source: Texas Workforce Commission. 41

Workforce Training A skilled and talented workforce is critical for the development and sustainability of growing industries and a vibrant and diversified Dallas economy. Various resources are available, at no cost, to address your business workforce development needs. Texas Workforce Commission The Texas Workforce Commission (TWC) is a state agency that provides workforce development services to employers and job seekers. TWC provides grants for customized training: The Skills Development Fund provides grants up to $500,000 for local customized training opportunities in partnership with employers and training providers, typically local colleges. In 2014, the Dallas County Community College District partnered with employers to obtain over $7 million in TWC grant funds to provide skilled labor to local business. Training can be used for new job opportunities or to upgrade skills of existing workers. The Self-Sufficiency Fund provides grants up to $500,000 for employers and to provide local customized training opportunities for eligible residents enrolled or at risk of enrolling Temporary Assistance for Needy Families (TANF) and other programs. Grants include assistance from TWC staff to aid in the transition into employment. The Skills for Small Businesses program offers support for companies with fewer than 100 employees. In partnership with a public training provider, the program pays up to $1,450 for each new employee or $725 for existing employees using existing curriculum. All TWC programs require employers to pay prevailing wages in their local market for the trained occupation. Program parameters are subject to change at any time. For more information on training programs and services visit http://www.twc.state.tx.us/businesses/ train-your-workforce or call (877) 463-1777. Federal support is also available through the Work Opportunity Tax Credit. Visit http://www.doleta.gov/wotc for more information. Workforce Solutions Greater Dallas Workforce Solutions Greater Dallas (WFS Dallas) provides human resource solutions for employers seeking a talented workforce and jobseekers seeking competitive employment opportunities in Dallas County. In 2014 WFS Dallas served 10,940 employers with external human resource services and 162,503 job seekers and workers. WFS Dallas services include: Applicant screening and recruiting, including specialized recruiting services; Hiring events for individual employers and groups of employers; Assessment services; Customized training for new and current employees; Outplacement services during downsizing; Information regarding labor market, applicant pool, and hiring climate. For more information visit: http://employer.wfsdallas.com/employers or call (214) 302-5555. Dallas County Community College District Dallas County Community College District (DCCCD) is one of the largest undergraduate institutions in the state of Texas with seven colleges offering customized training to meet employers needs for training, re-training, industry-specific certifications. Needs assessment / skills training / professional development can be offered at the job site with flexible scheduling for employees and assistance in client-targeted job placement. Visit http://www.dcccd.edu/workforcepartners for more program information. 42

Downtown redevelopment is creating vibrant neighborhoods throughout the central business district. The West End, Main Street Core, the Arts District and Farmers Market each has a distinct character. The Dallas Arts District includes four major museums, four world-class performance venues, a 10-acre park, and mixed-use development for a live-play-work lifestyle. Main Street Gardens, a 1.75-acre park, opened in 2009. The 1,001-room Omni Dallas Convention Center Hotel opened in 2011. A new phase of restaurants and retail will open in summer 2015. Belo Gardens, a 1.5-acre park, opened in April 2012. Klyde Warren Park, a 5.2-acre park covering a major highway to connect Downtown to Uptown, opened in October 2012. The free DART D-Link buses serve popular destinations around downtown and in the surrounding neighborhoods of Uptown, North Oak Cliff and the Cedars. The first segment of the city s modern streetcar system opened in April 2015 between Downtown Dallas and North Oak Cliff, with future extensions planned. The Dallas Farmers Market, privatized in 2014, is undergoing a complete renovation including new vendors, restaurants, and residences. The DART Orange Line to Dallas-Fort Worth International Airport opened in August 2014. Since 1996, with the creation of three Downtown Dallas TIFs, the CBD has gained: 6,962 new/renovated housing units (existing or under construction) 1,963 hotel rooms (completed or under construction) $2.22 billion total investment (existing or planned) in three downtown TIF districts A rejuvenated 24/7 live-work-play-learn lifestyle in a dynamic urban environment Catalyst: Downtown Dallas Major retailers include: Neiman Marcus Jos. A. Bank Clothiers Traffic LA TenOverSix Taschen Library CVS Pharmacy AT&T 7-Eleven CBD + 1 Mile Around Klyde Warren Park. Source: The Urban Fabric 43

Downtown City of Dallas Households 5,749 462,000 Family Households 1,030 266,283 Major headquarter operations include: AT&T, Comerica Bank, Oncor, Hunt Consolidated Oil, Neiman Marcus, Belo, Tenet Healthcare, and EnLink. Downtown Statistics Families With Related Children Under Age 18 161 133,623 Per Capita Income $50,210 $27,426 Average Household Size 1.50 2.60 Average Family Size 2.23 3.48 Recent relocations to downtown include: Omnitracs, Active Networks, Grant Thornton, Invesco, Santander Consumer, HKS, Tech Wildcatters and Health Wildcatters, and Jacobs Engineering. CBD + 1 Mile Around Adults with Bachelor s Degree or Higher 52.1% 29.4% Foreign Born 12.7% 24.4% Source: US Census, 2009-13 American Community Survey 5-Year Estimates. Downtown Dallas is the ideal location for: Executive Offices: Downtown Dallas is home to more corporate and regional headquarters than any other North Texas location and stands alone with its high profile location Young professionals: dynamic downtown environment provides a recruiting lure for younger talent attracted to the proximity of entertainment, recreation and transportation options Back-office operations: large B & C class office space and quality mass transit access The Shed at the Dallas Farmers Market. Source: Spectrum Properties 44

Uptown, the neighborhoods north of downtown, has boomed over the past 30 years. It is the mixed-use lifestyle center of DFW with neighborhoods such as State-Thomas, Victory Park, Turtle Creek and the West Village. Four Uptown Tax Increment Finance (TIF) Districts have cultivated (existing, under construction or planned): 11,892 housing units; 486 hotel rooms; $3.4 billion total investment; 3.2 million sq. ft. of new office space; and 978,000 sq. ft. of new retail space. The American Airlines Center is in Victory Park, home of the 2000 NHL Stanley Cup champion Dallas Stars and 2011 NBA champion Dallas Mavericks. The M Line streetcar in Uptown now extends into the heart of downtown to the DART Pearl / Arts District Station. Klyde Warren Park opened in October 2012, capping Woodall Rodgers Freeway to connect downtown and Uptown. The West Village, a residential, retail, and entertainment destination, was part of the Cityplace Area TIF District which was successfully retired in 2012. Created in 1992, the district added nearly 2,100 residential units and 250,000 SF of commercial space. The State-Thomas TIF District was successfully retired in 2008, two years ahead of schedule, following two decades of support of the development of a mixed-use neighborhood characterized by elegant apartments and townhomes. Major headquarter operations include: Dean Foods, Holly Frontier Corp., MoneyGram International, Balfour Beatty North America, Crosstex Energy, and Texas Capital Bank. Major retailers include: Whole Foods, Stanley Korshak, Brooks Brothers, V.O.D., Q Custom Clothier, Demerara, L. Bartlett, Warehaus, Club Monaco, Tommy Bahama, Albertsons, Lucky Brand Jeans, Stanley Korshack, Ideal Image, Gap, and Banana Republic. Catalyst: Expanded Downtown - Uptown 45 The City s primary initiatives in Uptown include: Infill development of medium-density mixed-use residential and office buildings Retail incentives and development complementary to existing anchors Office relocation incentives aimed at a wide range of functions Strengthening connections between downtown and Uptown Griggs Park Source: Uptown

The Trinity River Corridor Project is changing Dallas image and redirecting development patterns in North Texas. It is quickly transforming into Dallas greatest park. The entire corridor, including commercial and residential opportunity areas outside the park greenbelt, includes over 40,000 acres with recreation activities within the river s levees and redevelopment areas outside the levees. Features now open include: The Trinity River Corridor Project: Provides flood protection; Manages the corridor in an urban setting, supporting mobility goals while enhancing environmental and recreational benefits; and Creates important community and economic opportunities for the neighborhoods bordering the Trinity River, including Downtown. Catalyst: Trinity River The Trinity River Corridor Project received the 2007 American Institute of Architects highest award for regional and urban planning. Trinity River Audubon Center Texas Buckeye Trail paved hike and bike path Santa Fe Trestle Trail paved hike and bike path Margaret Hunt Hill Bridge, designed by architect Santiago Calatrava Trinity Overlook Park Flood control repairs and enhancements at the 100- year protection level MoneyGram Soccer Park Trinity Forest Aerial Adventure Park Trinity Skyline Trail paved hike and bike path Continental Ave. Bridge & West Dallas Gateway Plaza Texas Horse Park AT&T Trail paved hike and bike path Features opening soon or under construction: Trinity Forest Golf Course Margaret McDermott Bridge 46

Major Infrastructure Projects LBJ Express TXDOT and Cintra US are nearing completion of the LBJ Express public-private partnership project, a reconstruction of I-635 and I -35E in Dallas and Farmers Branch spanning from I-635 / Greenville Ave. on the east to I-35E / Loop 12 on the west. In addition to reconstruction of the existing freeway, up to six dynamically-priced managed toll lanes will be added, along with new frontage roads and ramps. Construction began on the $2.7 billion design-build project in 2011 and will be substantially completed by late 2015. Credit: LBJ Infrastructure Group Project Horseshoe Construction began in April 2013 on the reconfiguration of two downtown area freeways: I-35E and I-30. The TXDOT design-build project includes several new bridges over the Trinity River, including the Santiago Calatrava-designed Margaret McDermott Bridge for I-30, adding separate bicycle lanes and pedestrian paths at one of the most heavily trafficked interchanges in Texas. The $798 million project is expected to be complete in late 2017, improving connections between downtown, West Dallas and Oak Cliff. SM Wright Project A two-phase plan to remove a freeway from South Dallas / Fair Park will begin construction in summer 2015. The first phase of the $151 million TXDOT project will extend US-175 CF Hawn Freeway to connect to I-45 near the Trinity River. The second phase will downgrade the existing US-175 SM Wright Freeway to a boulevard, eliminating a dangerous curve in the roadway, calming traffic and removing a visual barrier through several single-family neighborhoods. Mill Creek / Peaks Branch / State-Thomas Storm Drainage Tunnel To provide flooding relief and improved drainage in a large portion of East Dallas, including the State-Thomas, Baylor Dallas Medical Center, Deep Ellum, Exposition Park, Fair Park, and Frazier areas, a new five mile, 30 -foot diameter tunnel will be constructed roughly 100 feet underground along with ancillary intake and outfall points. These include storm drainage and street improvements to tie into existing drainage systems and to collect overland water flows during major rain events. 47

Dallas Film Commission The Dallas Film Commission, the official film commission of the Greater Dallas area, is responsible for developing strategies to attract business and to foster the growth of creative media industries in North Texas. The commission acts as a liaison between the community and industry segments that produce creative content such as motion pictures, television programs and commercials, corporate videos, documentaries, music videos and still photography, as well as other new and emerging forms of media. Dallas appearance in the media is additionally a powerful promotional tool that creates public awareness of the city s attributes and diversity. Credit: DFC The Film Commission s mission includes marketing, educating, promoting and advocating for local creative media businesses and freelance professionals. The Dallas Film Commission website is an extensive resource for the latest news on local creative media events and current job opportunities, including both crew and casting calls, and it provides advertising for local service providers and equipment vendors through the online Production Directory. The commission also maintains an online photo library to assist productions in finding and identifying suitable filming locations throughout North Texas. In FY 2014, direct spending for creative media projects facilitated by the Dallas Film Commission totaled an estimated $108 million, and included: Credit: DFC 25 Feature Films 65 Television Programs and Series 164 Television Commercials 523 Projects & 4,459 shoot days Credit: DFC 48

Comfortable Quality of Life Overview American Airlines Center State Fair of Texas Parade Credit: DCVB Average temperature: January (44.1 F), July (85.0 F) Average precipitation: rainfall (34.7 in), snowfall (2.6 in.) Annual number of sunny/partly sunny days is 232. Cultural The Dallas Arts District is home to a diverse mix of museums, performance halls, restaurants, and residences. A recent $338 million expansion added the Winspear Opera House and the Wyly Theater to the district s Dallas Museum of Art, Morton H. Meyerson Symphony Center and Nasher Sculpture Center. In 2012 the City Performance Hall joined the list of architectural gems in the district. Fair Park 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 Texas. Entertaining Credit: Dallas CVB Clay Coleman Main Street Garden Park Nasher Sculpture Center Credit: DCVB Hometown to Neiman Marcus, Dallas is well-known for its abundant shopping opportunities, with over 70 million square feet of retail space. The Dallas area has more restaurants per capita than any other U.S. city. NorthPark Center Credit: DCVB Credit: DCVB House of Blues Courtesy of Dallas Arboretum Credit: DCVB The Dallas park system includes 41 community and neighborhood recreation centers, 4 dog parks, 190 playgrounds, 125 miles of hiking and biking trails and six 18-hole golf courses. The Great Trinity Forest, with 6,000 acres, offers additional natural trail experiences. The Dallas Zoo and the Dallas Arboretum and Botanical Gardens provide additional recreational opportunities. Professional sports opportunities include the Dallas Cowboys (NFL), Dallas Stars (NHL), Dallas Mavericks (NBA), Texas Rangers (MLB) and FC Dallas (MLS). 49

The C2ER Cost of Living Index consistently reports that it is comparatively less expensive to live in Dallas than in many other cities in the U.S. The total cost of living in Dallas is 4.2% lower than the U.S. average. Dallas Comparative Advantage: No personal or corporate income tax Texas is 10th lowest among states in total state tax burden (Source: Tax Foundation, 2015) Median home sales price DFW $188,300 4th lowest price of top 20 largest U.S. metro areas (2014p) U.S. average $209,000 (National Association of Realtors, 2014p) Cost of Living Index: Ten Largest Cities 2014 Dallas Cost of Living Item U.S Average=100 Total 95.8 Grocery 101.5 Housing 75.4 Utilities 102.8 Transportation 100.2 Health 100.0 Miscellaneous 106.6 Source: C2ER 2014 Annual. Cost of Living Dallas Houston Atlanta Miami Chicago 95.8 99.0 99.6 111.4 116.7 State Tax Collection Per Capita U.S. (average all states) $ 2,557 Texas $1,880 Source: Tax Foundation. Facts & Figures 2014. Philadelphia 119.5 Los Angeles 135.1 Boston 137.7 Washington DC 141.6 New York 222.6 0 50 100 150 200 250 Source: C2ER 2014 Annual. INDEX VALUE 50 Location Affordability Index (LAI) (Percentage of Income) City of Dallas 45% Based upon a typical annual income of $58,190, household size of 4 and 2 commuters per home (Both rent and own) Source: U.S. Department of Housing and Urban Development.

Credit: Dallas Symphony Orchestra Dallas Symphony Orchestra Latino Cultural Center Credit: The Urban Fabric Perot Museum of Nature and Science Credit: DCVB Eye by Tony Tasset, Downtown Credit: Brian Berzer Photography Dallas Museum of Art Winspear Opera House Credit: DCVB Cultural Arts The cultural arts community is a byproduct of the economic success of Dallas. Most recently, more than 100 private donors contributed $1 M or more to support the AT&T Performing Arts Center. 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 Margot and Bill Winspear Opera House, the Dee and Charles Wyly Theater, Performance Park, and the Annette Strauss Artist Square. City Performance Hall opened in 2012. 260 works of public art are showcased in the city. The award-winning pavilion program installed 32 architecturally distinct picnic pavilions in neighborhood city parks. Cultural centers such as the Bath House Cultural Center, the Latino Cultural Center and the South Dallas Cultural Center provide intimate venues for performing and visual arts. The $185 M Perot Museum of Nature and Science opened in 2012. 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 Arts focuses on biblical themes in modern and classical art. 51

Sports and Recreation The City of Dallas Park and Recreation System includes 13 lakes, 125 miles of hiking and biking trails, 41 recreation centers, 833 sports venues, 190 playgrounds, 17 pools, six 18-hole golf courses, and four driving ranges. Covering over 21,000 park acres, Dallas has the seventh largest municipal parks system in the U.S. 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. The Santa Fe and Katy Trails connect walkers, runners and cyclists 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 Oak Cliff Nature Preserve and others. Dallas Zoo Trinity River Audubon Center Credit State Fair of Texas The Trinity River Corridor Project includes the development of numerous trails, athletic fields, lakes, the Trinity River Audubon Center, and an equestrian center 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 landscaped grounds just 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 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) Texas Rangers (baseball) Credit Glenn James/NBAE/Getty Images Dallas Mavericks Basketball Credit Dallas CVB White Rock Lake State Fair of Texas, Fair Park Credit Trey Hill Dallas Stars Hockey 52

Shopping and Dining Major Shopping Centers and Entertainment Districts Galleria Dallas, a unique urban shopping destination with attached hotel and office buildings, has close to 200 nationally and internationally recognized shops and restaurants surrounding an impressive ice rink. It hosts over 19 million visitors annually. NorthPark Center has over 1.9 million square feet with 235 distinctive stores and restaurants. It is decorated with modern art pieces. Downtown Dallas is home to Neiman Marcus flagship store as well as boutiques, chain retailers and a growing farmers market scene. Nearby West Village 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 West Dallas. Credit: Trinity Groves - Jerry McClure Credit: Galleria Dallas Courtesy of Mike Hemme, Corgan Associates Trinity Groves Galleria Dallas Dallas Farmers Market Deep Ellum Credit Dallas CVB Credit: Dallas CVB Credit: Dallas CVB West Village NorthPark Center Bishop Arts District Fearings Restaurant 53

Colleges and Universities Higher Education in Dallas There are 25 colleges and universities in Dallas-Fort Worth, including ten in or immediately bordering the City of Dallas. Southern Methodist University, the University of Texas at Dallas, the University of North Texas at Dallas, Dallas Baptist University, Paul Quinn College, Criswell College, Dallas Theological Seminary, Parker University and the University of Dallas provide a diverse set of opportunities for four-year and advanced degrees in or adjacent to the City of Dallas. The University of Texas Southwestern Medical Center at Dallas boasts six Nobel laureates on its faculty, more than any other university in Texas. Dallas County Community College District has nine campuses, five of which are in Dallas. 2013 DFW Highest Educational Attainment: 30.7% have earned at least a bachelor s degree Colleges and Universities Public Universities 117,775 11.6% also earned a graduate or professional degree Private Universities 37,638 Community Colleges 172,769 Total 328,182 Source: US Census Bureau American Community Survey 5-Year Estimates, 2013. Enrollment Source: Texas Higher Education Coordinating Board, 2015. Courtesy of SMU, Hillsman Jackson Southern Methodist University Courtesy of UTA DBU, Pete Lacker Courtesy of UNT The University of Texas Arlington University of North Texas 54

Primary and Secondary Education Primary and Secondary Education in Dallas The five largest districts that serve the City of Dallas are the Dallas Independent School District (ISD), Richardson ISD, Duncanville ISD, Plano ISD, and Carrollton-Farmers Branch ISD. In Texas, school boundaries do not follow city boundaries. In 2013-2014 there were 251 public school campuses in the city that achieved the state-designation Met Standard. DISD has the 1st and 8th best-rated public high schools in the nation in 2014, according to U.S. News and World Report. The School of Science and Engineering was ranked #1 and the School for the Talented & Gifted was named #8. Six other DISD schools also ranked in the top 1,000. Sixty-nine state-registered charter school campuses are operating within the City of Dallas for the 2014-2015 school year. Dallas is home to over 70 private schools. They include many Christian denominational schools, Jewish, Arabic, Montessori, single-sex and dual language immersion schools. In 2015, Business Insider named three Dallas-area high schools to its list of the 50 smartest private high schools in the nation. Dallas-based The Hockaday School and St. Mark s School of Texas are on the list, with St. Mark s ranking first in Texas. The diversity of Dallas-Fort Worth is reflected in the many international schools that call Dallas home. Classes are available in languages ranging from French to Arabic, Hungarian to Japanese. School District Enrollment Dallas ISD 159,487 Plano ISD 54,551 Mesquite ISD 39,806 Richardson ISD 38,169 Carrollton-Farmers Branch ISD 26,289 Duncanville ISD 13,074 St. Phillip s School Booker T Washington High School for the Performing Arts School for the Talented & Gifted at Yvonne A. Ewell Townview Center Total 331,376 Source: Texas Education Agency, 2013-2014. 55

Health Care Assets Dallas is home to recognized hospitals that are consistently ranked top in the nation. The city has many clinics, doctor s offices and diagnostic services offering comprehensive care and treatment. With 6,175 direct care physicians, over 2,100 primary care physicians, 22,630 registered nurses, and over 1,500 dentists in Dallas County, quality health care is easily available. Source: Texas Department of State Health Services, County Supply and Distribution Tables, September 2014. Major City of Dallas Hospitals Staffed/ Licensed Beds Doctors Baylor University Medical Center at Dallas 1,062 1,146 Parkland Health and Hospital System 968 1,446* Texas Health Presbyterian Hospital Dallas 888 1,519 VA North Texas Health Care System* 853 426* Children s Medical Center of Dallas 490 1,003 Medical City Dallas Hospital/Medical City Childrens 650 N/A Methodist Dallas Medical Center 515 241* University of Texas Southwestern Medical Center (UTSWMC) 461 1,617 Methodist Charlton Medical Center 285 168* Doctors Hospital of Dallas* 218 N/A U.S. News & World Report 2014-15 hospital rankings: Children s Medical Center of Dallas ranks 5th in pediatric orthopedics, 10th in pediatric urology, 13th in pediatric nephrology, 20th in cardiology and heart surgery, 22nd in neurology and neurosurgery, 23rd in pediatric gastroenterology and GI surgery, 30th in pediatric cancer and 31st in neonatology. Baylor University Medical Center at Dallas was recognized for being high performing in six specialties and ranks in the top 50 in in six categories. U.S. News & World Report says it s the second best hospital in Texas. UTSWMC ranks in the top 50 nationally in two categories of care and is high-performing in 9 specialties. Dallas Health Care Excellence There are six Nobel Laureates on faculty at UTSWMC. Parkland Memorial Hospital, Methodist Dallas Medical Center and Baylor University Medical Center are Level I trauma centers. Children s Medical Center Dallas is the only Level I pediatric trauma center in Dallas-Fort Worth. There are three schools of higher education in health sciences located in Dallas-Fort Worth. Source: Dallas Business Journal Book of Lists, *2013 and 2014. 56

Climate and Ecology Weather 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. 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 34.7 inches per year. Average snowfall is 2.6 inches per year. Annual number of sunny/partly sunny days is 232. Photo Credit: Sean Fitzgerald. 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. Sources: World Wildlife Fund, Texas Parks and Wildlife Department, U.S. National Weather Service, City of Dallas 57

Environmental Stewardship Dallas understands that doing business in a sustainable way enables the City to provide services more efficiently. Environmental Initiatives First U.S. city to adopt the International Green Construction Code as mandatory for all new commercial construction (2012), and one of the first major U.S. cities to pass a comprehensive green building standard for both residential and commercial construction (2009). First U.S. city to implement the ISO 14001 certified environmental management system (2008). 40% of the city s electric power is renewable energy, primarily wind power. 38% of the city vehicles are alternative-fueled or hybrids. Methane gas capture and an Enhanced Leachate Recirculation system accelerate decomposition, extend the life of McCommas Landfill and contribute $2 million per year to the City s general fund. Methane gas captured in wastewater treatment produced 27 million kwh of renewable energy to offset Dallas Water Utility s electricity grid needs. Per capita water demand has decreased 12% annually since 2001 with the adoption of strict water conservation. Residential recycling reached 73% participation in 2013, increasing waste diversion to 53,000 tons, yielding $2 million to offset sanitation fees. Community Sustainability Complete Streets and Bicycle Advocacy Complete Streets provide safety for users of all modes of transit, of all ages. Through community support and public policy the City has completed two pilot projects with plans for 13 additional Complete Streets pilot projects. The Dallas Bikeway System now includes 141 miles of multi-use trails, shared lanes, bike lanes, and buffered bike lanes. An additional 80 miles of on- and offstreet infrastructure are funded or under construction. Healthy Food Systems Farmers markets, community gardens, aquaponics, and farm-to-table restaurants and grocers are creating strong neighborhoods and sustainable new jobs in Dallas. Accolades # 7 in number of Energy Star rated buildings in the city (EPA, 2014). # 4 top local government purchaser of sustainable energy (EPA, 2013). Smarter City for energy initiatives (National Resources Defense Council, 2010). Pilot city for EPA s Sustainable Skylines 3 year partnership (2007) evaluating sustainable issues and programs for metro areas. 58 The LEED-Certified Trinity River Audubon Center.

Unemployment Rate Calendar Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 City of Dallas 5.7 5.2 4.6 5.4 8.2 8.5 8.1 7.0 6.4 5.2 United State 5.1 4.6 4.6 5.8 9.3 9.6 8.9 8.1 7.4 6.2 Source: Bureau of Labor Statistics and The Labor Market & Career Information Department (LMCI), Texas Workforce Commission 59

Personal Income Growth U.S. and City of Dallas Annual Personal Income Percentage Growth - 2012 City of Dallas personal income is the sum of all earnings by Dallas residents at the end of the year. The City of Dallas total personal income estimate is $49.49 billion. There was 2.2 percent growth over the year. Total personal income for the U.S. grew 4.2 percent to $13,743 Billion. U.S. and City of Dallas Personal Income U.S. and City of Dallas Annual Average Per Capita Personal Income Year 2007 2008 2009 2010 2011 2012 COD Per Capita Personal Income $41,289 $43,378 $43,032 $40,011 $40,375 $40,917 Percent Change 4.8% 5.1% -0.8% -7.0% 0.9% 1.3% U.S. Per Capita Personal Income $34,829 $36,104 $35,598 $36,296 $37,776 $38,969 Percent Change 3.7% 3.7% -1.4% 2.0% 4.1% 3.2% Source: Bureau of Economic Analysis (BEA) and City of Dallas, Office of Economic Development The 2012 per capita income estimate for the city is $40,917. Initial estimates reflect that residents experienced a 1.3 percent increase in per capita personal income from 2011 to 2012. While the national per capita income grew 3.2 percent, the national average value still falls short of the city s by $1,948 per person. 60

Billions Construction Activity $3.48 $3.28 $3.37 $3.54 $2.82 $2.75 $2.48 $2.54 $1.94 Calendar Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 Value (in Billions) $2.82 $3.48 $3.28 $3.37 $2.48 $2.75 $1.94 $2.54 $3.54 Change Over Prior Year N/A +23.3% -5.9% +2.8% -26.4% +11.1% -29.6% +30.9% +21.6% Source: City of Dallas, Department of Sustainable Development & Construction, All Completed Permits by Calendar Year. 61

City of Dallas 2014 Annual Gross Sales 2002-2013 2007-2009 Recession Gross Sales In 2013, Annual Gross Sales in the City of Dallas reached over $165 Billion. Annual Gross Sales are the grand total of all sale transactions reported during the calendar year, without any deductions included within the figure. Sales are reported by all North American Industry Classification System (NAICS) sectors and for allindustry totals. Trade sectors represent the largest percentage of annual sales with a combined 63 percent of the total. Of this, Wholesale Trade represents 49.2 percent of total Gross Sales while Retail Trade having 13.3 percent. Manufacturing had 7.5 percent, Utilities 5.0 percent, Construction 4.4 percent, and Mining, Oil, and Gas 4.0 percent respectively of the 2013 Gross Sales. All other industries individually had bellow 4.0 percent share of the Annual Gross Sales. Source: Texas Comptroller of Public Accounts. 62

Gross City Product Estimate Calendar Year 2006 (r) 2007 (r) 2008 (r) 2009 (r) 2010 (r) 2011 (r) 2012 (p) 2013 (p) Value (in billions) 104.94 105.87 106.54 98.39 101.46 111.18 115.35 119.41 Change n/a 0.88% 0.63% -7.65% 3.12% 9.58% 3.75% 3.52% Source: City of Dallas, Office of Economic Development. Estimates revised based upon November 2013 revision for 2001 2012 GDP-by-MSA from the Bureau of Economic Analysis (BEA) (p) - Preliminary estimate, (r) - Revised estimate. 63