HomeMy WebLinkAboutEconomic Development News-City Publications-5/30/2014Daytime Population
Growing in Quality
and Quantity
Economic Development News From The City of Colleyville, Texas SUMMER 2014
Links
Economic Development
Contacts
Economic Development
Overview
Opening a Business
Incentives
Incentives 2
Certificate of Occupancy
Home Based Businesses
Sale of Alcoholic
Beverages
Property Search
Follow us
Corporate Office Special Edition
Colleyville is experiencing growth in new office buildings.
The city has successfully attracted several important
corporate relocations in the past two years. As a result, the
daytime population in the city continues to grow. Four new
office buildings have been built or started in The Village at
Colleyville in the past 18 months (see page 3), and seven new
office buildings are either under construction or nearing start.
Colleyville Office Market Update
The momentum in new office buildings is not isolated to The Village.
New office buildings are under construction in a number of locations.
Colleyville has for some time been home to finance, real estate and
insurance companies. Its mix of corporate tenants has expanded to
include medical specialty and medical office, plus Colleyville has a
number of aviation-aerospace companies in the new Aviation Place
building.
Many of the business owners building in
Colleyville or establishing headquarters in the
city are residents of Colleyville or neighboring
cities.
Daytime Population: The daytime population
of Colleyville is 20,572, of which 9,667 are
working in Colleyville and 10,905 individuals are
not in the labor force. In addition, another 7,255
drive into the city to work each day.
Source: Colleyville workforce analysis study by Catalyst, October, 2012.
99 Main St.
in The Village
Sheri Young Frazer,
Standard Insurance CEO
Economic
Development
Department
100 Main Street
Colleyville, TX 76034
817.503.1060 direct
817.503.1159 fax
Marty Wieder - Director
Email
Corporate Relocations And
New Office Building News
Greenbrier Companies Select
Colleyville for New Regional Hub
Colleyville delivers what Greenbrier wants; close proximity to rail
transportation centers, D/FW Airport and quality housing.
Greenbrier, one of the premier rail and marine
equipment manufacturing and leasing
companies in North America, selected Colleyville
for its new regional hub. Greenbrier occupies
5,993 square-feet at 99 Main St. in The Village
where employees are focusing on product
development, engineering and retrofit design
work for rail tank cars. Click to read May 19,
2014 story in The Wall Street Journal HERE.
Standard Insurance
Standard Insurance purchased the two-story Meadows Creek
Plaza building at 8190 Precinct Line Road and relocated their corporate
headquarters to Colleyville. Standard's corporate
operation, with 50 employees, occupies all 19,626
square-feet of the building. "After looking at a
number of possibilities, it became apparent that
the Colleyville location had a lot to offer our
employees as well as current and future
customers. As an added bonus, my family and I
have lived in the area for many years and we
appreciate all the amenities that Colleyville has to
offer for families and businesses," Sheri Young
Frazer, Standard Insurance CEO.
Brokers: Mark Wood with Howe/Wood & Company and
LeAnn Brown and Russ Webb with Silver Oak
Commercial Realty.
National Dealer Alliance Group
National Dealer Alliance Group is constructing a new office building in
The Village at Colleyville and relocating here from
Dallas County. The new 7,857-square-foot single-
story building is on the east side of The Village at
23 Mission Lane at Pleasant Run.
Brokers: Derek DeGuire with Pacific Commercial is the general contractor; Louis
Pascuzzi with Jackson Cooksey represented Dealer Alliance.
The Dealer Alliance project is the fourth new office building
to be constructed in The Village in the past 18 months.
The four projects are:
National Dealer Alliance Group new corporate headquarters
23 Mission Lane
Aviation Place, 97 Village Lane (three-story 13,263-square-foot
building that is 100% leased with a roster of aviation
service businesses, all of which relocated to Colleyville)
Tailored Adjustment, 51 Village Lane
(5,000-square-foot headquarters)
Westgate Properties, 92 Piazza Lane (4,176-square-foot office
building anchored by VIP Mortgage and Chuck Weaver Mortgage)
CPA Building Office Near The Village
Dan Lee Smallwood, CPA, is building a new 4,100-square-foot, two-story
office building two blocks north of The Village at the corner of Pleasant
Run and Central Drive. The 38-year-old firm serves more than 450
clients throughout D/FW. The firm will relocate its 11 employees to
Colleyville in the new office.
Longwood Plaza
Brokers: Dan Lee Smallwood, CPA Handled his own; Jack Roseberry
represented the property owner.
Three New Office Condo
Buildings at Longwood Plaza
Longwood Plaza Office Park is nearing build-out
with the construction of three "office condo"
buildings at the successful office and retail
development on the north end of Colleyville at
7157 Colleyville Blvd. The three buildings, each
totaling approximately 2,400 square-feet, are
spec offices that could be split into two offices in
each building, or the buildings could
accommodate a single user.
High Tech Company Grows,
Expands in Colleyville
Deployed Technologies (DTech) has purchased an office building at
5017 Colleyville Blvd. and is transforming the 4,450-square-foot space
into a high tech headquarters. DTech is a global leader in information
technology services specializing in luxury hospitality.
Broker: John Lucas Century 21, Mike Bowman
Click on above newsletter to read the
complete Office Building Special Edition