Yet another company's HQ moving to DFW !!!
https://www.dallasnews.com/business/...sperson%20said.
Yet another company's HQ moving to DFW !!!
https://www.dallasnews.com/business/...sperson%20said.
I wish we had 10 million people in an area the size of Delaware 75% can't spell their own name, but the other 25% make up for it by having 2.5 million people who can.
There’s no way to put this, but Dallas is just an absolute beast. I think at this point we should just be really grateful that such a huge economic engine is so close to Oklahoma. I don’t fully understand the history as to how Dallas got the way it did and I’ve lived there. But it looks like Texas is on par to surpass California at some point in time with its growth in economic GDP.
There are many factors, and I’m certain that my theory is too simplistic, but my personal belief is that the tipping point - the moment where Dallas switched from a regional player to a global player - was in 1979, when American Airlines relocated its corporate HQ from NYC to DFW.
I think there are many factors, and DFW Airport being able to grow and serve as a hub for American, and also American and Southwest having HQ in Dallas. There are also many other HQ's for Fortune 500 companies.
You also have to wonder how much things like Dallas the TV Show in the 80's, the Cowboy's dominance in the 90's, a vast highway network, diversified economies between Dallas and Forth Worth, and generally good weather help promote people moving to the city.
My point is that I’m pretty sure that you can connect the rise of Fortune 500 company relocations to Dallas to its emergence as THE hub for American (plus the birth and growth of homegrown Southwest). You can fly direct to Dallas from pretty much anywhere, and that’s become a major factor in most corporate relocations. And make no mistake, most of the Fortune 500 companies in Dallas relocated there from someplace else.
After the accessibility consideration the other factors come into play; taxation structure/environment, proximity to major (large-enrollment) institutions of higher learning, the relative cost and availability of real estate, and on and on. DFW is unique in this region and unusual nationally in its combined offerings in many of these categories, but I really believe the steroid-fueled economic development watershed moment was the arrival of American Airlines.
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