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eastsider

Metroplex Corporate Relocation Thread

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It was announced today that Comerica Inc. will be moving their corporate headquarters to Dallas from Detroit. The move will allow them to be closer to the markets that they are growing in; Texas, California, Arizona, and Florida. Comerica currently employs 1,300 people in Texas and they will now become the largest bank holding company to be based in the state of Texas. As part of the move, Comerica will receive incentives from the Texas Enterprise Fund ($3.5 million) and the city of Dallas ($500,000).

The company, which will be moving about 200 employees from its Michigan office over the next three years, is looking for about 125,000 square feet of office space in downtown Dallas. That

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The Detroit crowd is understandably upset about this, but it's a nice win for Dallas, which already has a ton of corporate headquarters in the metro area.

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That's great news. You'll see this trend a lot more in the future, headquarters moving south. Cheap labor, cheap land, and all the shopping/amenities/conveniences you find up north are now in major cities like Dallas. Dallas is a world class city, an American city, not just somewhere below the Mason Dixon line.

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The Detroit crowd is understandably upset about this, but it's a nice win for Dallas, which already has a ton of corporate headquarters in the metro area.

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That's great news. You'll see this trend a lot more in the future, headquarters moving south. Cheap labor, cheap land, and all the shopping/amenities/conveniences you find up north are now in major cities like Dallas. Dallas is a world class city, an American city, not just somewhere below the Mason Dixon line.

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The Wi-Fi internet provider Wayport Inc. will be moving their headquarters to the Metroplex this summer from Austin. The move will bring about 45 mostly front office/executive jobs to the area while 250 operations, engineering, and call center jobs will remain in Austin.

Wayport said the new corporate office in Dallas will drive its vertical market business, with a specific focus on industries where the company sees growth opportunities such as hospitality, health care, retail, managed services and others.

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