Corporate Office | City of Dallas Office of Economic Development

RewardStyle’s Social Influencers to Spur $1B in Retail Sales

By 2017's end, RewardStyle is expected to influence $1 billion in retail sales, according to the Dallas Business Journal. Amber Venz Box and husband Baxter Box developed the platform in 2011 to drive online sales using social media and blog influencers. Dallas Innovates, September 20, 2017
Education services company UWorld is moving to Cypress Waters

Education services company UWorld has signed a lease for 50,000 square feet of office space at 9111 Cypress Water Boulevard in northwest Dallas. The company, which specializes in exam prep for licensing exams, plans to make the move in early 2018. Dallas Morning News - September 11, 2017
Education services company headed to Cypress Waters development

The booming Cypress Waters development northwest of Dallas has landed another major business tenant. Education firm UWorld is moving its office from Las Colinas to a new Cypress Waters building north of LBJ Freeway. Dallas Morning News, September 11, 2017
HollyFrontier Corp. is expanding Dallas HQ

Fortune 500 energy firm HollyFrontier Corp. is expanding its corporate headquarters at 2828 North Harwood Street in Dallas' Uptown neighborhood. The company is set to occupy 90,000 square feet at the tower, a mixed-use development. Dallas Morning News - August 31, 2017
Forbes' list of largest private companies includes 8 from North Texas

Out of the 225 businesses on Forbes’ 2017 America’s Largest Private Companies list, eight are from North Texas. To make the list, companies’ revenue from the most recent full fiscal year had to be greater than $2 billion. Dallas Business Journal, August 15, 2017
Fast-growing Dallas-Fort Worth companies occupy 185 spots on Inc. 5000 list

Inc. is rolling out its annual ranking of the fastest-growing companies in the U.S., and the roster of 5,000 is dotted with Dallas-Fort Worth firms. In Texas, Dallas-Fort Worth's 185 companies in the ranking easily outpaced Houston (113) and Austin (91). Dallas Morning News, August 16, 2017

1913: The Federal Reserve Bank of Dallas is founded

Launching Dallas as the financial center of the south central United States, the Federal Reserve's 11th District headquarters is founded in Dallas in 1913. The 11th District covers Texas, northern Louisiana and southern New Mexico. Dallas was selected due to the rapid growth of both the city and its banking sector in the prior decades. In 1992, the Dallas Fed relocated to a stunning 17-story headquarters on the edge of the State-Thomas neighborhood just north of downtown Dallas, adding to the rapid growth of the Uptown area.

1928: Dallas Love Field becomes one of the nation's first municipal airports

Originally a World War I training base for Army pilots, Dallas Love Field was purchased by the City of Dallas in 1928 to become one of the earliest city-owned civilian airports in the US. The airport is named after Army First Lt. Moss D. Love. Under City of Dallas ownership, Dallas Love Field is one of the most conveniently-located commercial airports in the country, less than seven miles from downtown Dallas. Southwest Airlines, the nation's largest domestic airline, was founded at Love Field in 1971 and remains headquartered there.

1929: Group health insurance is invented, becomes Blue Cross Blue Shield

Recognizing that healthcare is a non-profit community good, Dallas school superintendent Justin F. Kimball created a program to support Dallas teachers with healthcare expenses. Partnering with Baylor University Hospital in Dallas, Kimball's program allowed teachers to pay $0.50 / month for two weeks of paid hospital care, when needed. By 1934, 23,000 people had signed up, and the group health insurance industry was born. Kimball's non-profit organization would evolve into the Blue Cross Association, which would merge in the 1980s with the Blue Shield Association to become the eponymous organization of today.

1958: The Information Age begins at Texas Instruments in Dallas....

Jack Kilby of Texas Instruments invented the integrated circuit in Dallas in 1958. The integrated circuit, a key component for making computers more practical and more powerful, accelerated the adoption of computers in the corporate world and ushered in the modern Information Age. TI remains headquartered in Dallas and continues to be a national leader in research & development, and TI employees have gone on to found many of the technology companies in DFW.

1962: ....and accelerates with the founding of Electronic Data Systems & the IT industry

H. Ross Perot founded Electronic Data Systems (EDS, now HP Enterprise Services) in Dallas to assist companies with the new types of back office functions that came with the dawning of the computer age. Working initially with the financial sector and the government, EDS grew into the pioneer in outsourcing of information technology (IT) and other corporate functions. Acquired by General Motors in 1984, the company was spun off again in 1996 before being acquired by Hewlett Packard in 2008.

1967: Southwest Airlines is founded at Love Field, the model for modern air travel

Building from its launch as Texas-only carrier based out of Dallas Love Field, Southwest Airlines now carries more passengers than any other domestic airline. Focusing on "point-to-point" travel between major destinations and a low-cost, limited-service model, Southwest expanded rapidly throughout the United States. Adopting the moniker of its home airport, the "love airline" continues to add destinations, expanding to international travel in 2016. The company continues to expand its headquarters adjacent to Dallas Love Field.

1971: "The Official Drink of Dallas" is born with the Frozen Margarita Machine

Mariano Martinez, inspired by the Slurpee machine at 7-Eleven, brought the frozen margarita and its machine to life at his restaurant Mariano's Hacienda Ranch in Dallas' Lake Highlands neighborhood. Named the "Official Drink of Dallas" in 2001, the original machine is now enshrined at the Smithsonian National Museum of American History in Washington D.C. The original Mariano's location remains open for margarita drinkers.

1975: Chili's opens and the casual dining sector is launched

The original Chili's restaurant opened in Dallas' Vickery Meadow neighborhood in 1975, founded by Larry Levine as a place for good friends to have a hamburger and a beer with the spirit of the southwest. A partnership with Norman Brinker, an experienced restaurant executive, launched the company to new heights in the 1980s, rapidly expanding across the United States and completing an initial public offering. Today, Dallas-based Brinker International manages multiple restaurant brands and has spun off many well-known chains across the world, and Dallas is home to a large number of restaurant headquarters.

1995: Broadcast.com and the accessibility of Internet streaming media

Founded in Dallas' Deep Ellum neighborhood as Audionet, Broadcast.com would become one of the early Internet's most famous companies. Partners Christopher Jaeb, Todd Wagner & Mark Cuban were among the earliest to recognize the value of audio and video content on the Internet, and by 1998 launched one of the most famous IPOs in U.S. history. The company was sold to Yahoo! in 1999. Today, Broadcast.com's former office is home to Reel FX, Dallas' Hollywood animation studio.

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RewardStyle’s Social Influencers to Spur $1B in Retail Sales

Education services company UWorld is moving to Cypress Waters

Education services company headed to Cypress Waters development

HollyFrontier Corp. is expanding Dallas HQ

Forbes' list of largest private companies includes 8 from North Texas

Fast-growing Dallas-Fort Worth companies occupy 185 spots on Inc. 5000 list

The Top Corporate Headquarters Destination in the U.S.

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