SUCCESS STARTS IN ALLEN, TEXAS

WELCOME TO ALLEN

Allen is a vibrant community of creative and talented people driven by achievement. A pro-business environment and a superior quality of life come together to empower Allen’s residents and businesses to achieve higher levels of success.

• Our cost of doing business is 15% lower

than the national average.

• Our cost of living consistently ranks

lower than the national average.

• Energy costs are 24% lower than the

national average.

• State and local taxes are 14% lower

than the national average.

• Highly educated workforce with 36.6%

holding a Bachelor’s degree compared to

24.4% nationally.

• Unemployment in Texas is at 4.5%,

much lower than the national average.

• Property tax rates have decreased

12.9% over the last 10 years.

Frisco

Plano

McKinney

ALLEN

Our CityRanked by Forbes as one of the top 25 cities to relocate, Allen clearly has a lot to offer.

Allen provides companies with workforce talent, a competitive business climate, world-class business parks, and superior accessibility.

Allen businesses have access to a workforce of more than 3.5million— which is continually refreshed by new residents— along with 270,000 graduates from 180 colleges, technical colleges, and universities across the state, including nationally ranked universities such as Rice University, the University of Texas, and Texas A&M University.

Fifty-four Fortune 500 companies are headquartered in our diverse state because of our high quality of life and low cost of doing business. Vibrant metropolitan areas create an ideal place for families and businesses alike.

MORE BANG FORYOUR BUCK

YOUNG, DIVERSEAND PROFESSIONAL

PO

PU

LAT

ION

ALLEN

COLLINCOUNTY

DFW

84,920

94,179

102,412

782,341

885,241

1,107,017

6,371,773

6,954,330

7,749,639

2019

2014

2010

Our Families

Allen’s success is no accident—it is a testament to the community spirit of amazing people who want a better place for their families. While we come from all backgrounds and walks of life, three words describe us perfectly: young, diverse, and professional.

Allen has increasingly become a home for highly educated, high income professionals, yet maintains a welcoming spirit for people and families from all backgrounds and lifestyles. The median household income in Allen is $101,636 (75% greater than DFW’s median income).

62% of Allen’s residents are white-collar professionals

52%+ of Allen’s residents have earned a Bachelor’s degree or higher, twice the US average

Source: Census Bureau, ESRI

CULTIVATING INNOVATION IN EDUCATION

We came from private school and were nervous about public. This has been the best experience we could have imagined…The staff strives for excellence and has a heart for their profession. With programs like Watchdogs, Art to Go, Multicultural Day, and more, the kids’ experience is top notch.-Niche.com Parent Review

““

Allen ISD: Where Eagles SoarAn exceptional school system that reflects our tremendous community spirit.

Businesses in Allen find an education system that serves their employees’ families today while growing a well-prepared workforce for tomorrow. The Allen Independent School District is rated A+ by Niche school reviews based on parent, student and professional reviews, placing the system #11 in the state of Texas.

Allen High School

Allen High School offers a number of specialized programs, including an advanced culinary arts program, the STEM program which allows students to spend a semester exploring careers in engineering, and an arts program with advanced classes in art and theatre. College credits are earned through AP, IB, or college courses taken on campus. Not only advanced in academics, Allen High School’s sports programs are nationally renowned. The largest band in the country and the championship winning football team are both proud to call Allen Eagle Stadium home, which holds over 18,000 spectators.

K-8

Allen ISD’s philosophy is that student success starts at the beginning with a challenging and engaging elementary and middle school curriculum complemented by a wide variety of academic and athletic extracurriculars. The district is home to 20 schools in the K-8 level (17 elementary schools, 3 middle schools), and all are built on a foundation of experienced teachers and parent involvement. In fact, Allen’s teachers have an of average 10.8 years of experience and 100% meet state standards as highly qualified.

90.5% of Allen graduates go on to higher education

$21.5 million in scholarships awarded to the Class of 2015 alone

176 points higher score on the SAT compared to the national average

WORKFORCE AND HIGHER EDUCATION

The faculty at Collin College includes four U.S. Professors of the Year, four Texas Professors of the Year and seven Minnie Stevens PiperProfessors.

Each year more than 76,000 degrees are awarded by colleges and universities in the Dallas-Fort Worth area.

Collin College was recently awarded a $20 million federal grant for new jobs in emerging technology.

A Pipeline of TalentBusinesses in Allen are supported by highly-skilled workforce and a pipeline of future talent.

Workforce

Allen boasts access to one of the largest, most educated and highly talented workforces in the country.

Higher Education

Employers in Allen are minutes away from an extensive higher education system with28 colleges and universities and 78 vocational and technical schools. Schools in the local region include the University of Texas at Dallas, the University of North Texas, the University of Texas at Arlington, the University of Texas Southwestern Medical Center and Southern Methodist University.

Collin College

The largest community college in North Texas with over 40,000 students enrolled. The school’s Center for Workforce & Economic Development offers training programs specialized to meet companies’ needs. Grants such as the Skills Development Fund have helped Allen companies maintain a competitive edge.

3+ Million workers within a 30 minute drive

16.3% projected job growth in Allen, well above the national average of 5.9%

3% unionization in a right-to-work state

WE WORK SMART

Strong companies spark new ideas, cultivate inspired leaders, and attract more talented workers. Our commitment to the future of businesses and entrepreneurs in Allen is second to none. At the Allen Economic Development Corporation, we offer expert guidance, hands-on assistance, and work alongside Allen businesses to help them meet and exceed goals.

Company Business Description Employees

Experian Credit bureau data center and call center 865

Frontier Communications Telecommunications company 850

CVE Technology Mobile phone repair and refurbishment 800

Texas Health Presbyterian Hospital Local hospital 670

Jack Henry & Associates IT company for financial industry 600

Andrew’s Distributing Beverage distributor 400

PFSWeb Online marketing and sales solutions 340

MonkeySports Sports equipment retailer 203

Graphic Converting Graphic design and printing 190

KONE Elevator and escalator manufacturer 175

Finisar Corporation Fiber optics manufacturing 165

Quest Medical/Atrion Medical device manufacturer 150

Amphenol Fiber Systems International Fiber optics manufacturing 150

Photronics Microelectronics manufacturing 110

Atlas Copco Drilling equipment manufacturer/distributor 105

Allen’s Relocations and ExpansionsName Type Property Jobs Announced Square Footage

CVE Technology Relocation Office/Flex 1,200 195,000

MonkeySports Relocation Flex 250 261,000

KONE Expansion Office 115 250,000

IntelliEpi Relocation Industrial 75 50,000

Purus Labs/Formulife Relocation Flex 65 45,000

Harris True Automation Relocation Office 60 12,000

Nine-Band Brewing Start-Up Brewery 7 8,000

TOPS Software Relocation Office 20 7,500

Allen’s Leading Private Employers STATE RANKINGS

Texas ranks No. 1 in the U.S. for Economic Climate. - Forbes Magazine

Top state for job growth in 2014 with 457,900 new jobs created.- U.S. Bureau of Labor Statistics

America’s 2015 Top State for Infrastructure, and 2nd Best State for Business. - CNBC

Chief Executive Magazine has namedTexas the “Best State for Business” for eleven years in a row.

Texas has been awarded Site Selection’s Governor’s Cup for being the state with the most new and expanded corporate facilities.

COST AND TAX ADVANTAGE

Texas has been consistently ranked as one of the friendliest states to do business.No corporate income taxNo personal income taxRight-to-work stateFast-track permitting of critical projects

INSIGHTS

Local IncentivesBusinesses in Allen can take advantage of a full toolkit of programs to assist new and existing businesses, big and small.

Cash GrantsAs a Type-A Corporation, the Allen Economic Development Corporation receives dedicated revenue from a 0.5% sales tax. Backed by a healthy fund balance, cash grants are available for qualified businesses to assist with the following expenses:

Relocation CostsInfrastructure CostsJob Training and Hiring Costs

Property Tax AbatementsThe City of Allen and Collin County can reduce the property tax obligations of a project’s real and business personal property for up to 10 years.

Triple Freeport Inventory ExemptionInventory to be exported from the state is exempt from property taxes. Companies in Allen claiming this exemption saved an average of $695,000 on property taxes over the last five years.

Other Local IncentivesSchool District Property Tax Value LimitationsChapter 380 GrantsTax Increment Financing (TIF) Districts

State IncentivesThe state of Texas has a number of incentive programs for new and expanding businesses.

Texas Enterprise FundThe Texas Enterprise Fund (TEF) is the largest “deal-closing” fund of its kind in the nation. For select projects, cash grants are awarded to businesses expanding or relocating in the state.

Texas Enterprise Zone ProgramThe Texas Enterprise Zone Program provides state sales and use tax refunds to qualified projects in economically distressed areas of the state.

Texas Data Center IncentiveQualified data centers receive an exemption on state use and sales tax (6%) on electricity and hardware.

Texas Research & Development Incentive ProgramCompanies engaged in research and development operations can re-ceive a reduction in either their state sales tax or franchise tax.

Business Relocation DeductionBusinesses relocating to Texas can deduct qualified relocation expens-es from their state franchise taxes.

Skills Development FundThe Center for Workforce and Economic Development at Collin College partners with companies to design customized training programs and apply for grants from the Texas Workforce Commission.

LOGISTICAL ADVANTAGE

Logistical AdvantageIn business, location isn’t where you are—it’s where you can go. In Allen, the world is at your fingertips.

The seamless connection of the regional and state infrastructure offers businesses a significant competitive advantage. When companies choose Allen, they can rely on a solid foundation of air, land, and sea transportation that sustains business growth in an increasingly globalized economy.

Allen’s location facilitates access to air, light rail, public transit, and roadways.

Residents spend an average of 28 minutes commuting to work

Allen is served by 4 airports within 35 miles

Interstates are accessible 11 miles away

30 minutes from Downtown Dallas and

Dallas Love Field Airport

DFW International AirportA 30 minute ride fromAllen, making every major city in the U.S. accessible within 4 hours.

Light Rail (DART) Connects riders to the entire Dallas-Fort Worth area.

McKinney National Airport Just 10 minutes from Allen, McKinney National Airport offers full service for corporate fleets and hangar space. Accommodates planes as large as a Boeing 767.

The Port of Houston Is only a 4 hour drive away. It is the largest Gulf Coast container port, handling 67% of U.S. Gulf Coast container traffic in 2014.

A CULTURE OF INNOVATION

Developments

Convention Center at Watters Creek, an $85 million convention center and hotelAllenPlace, a Class A mid-rise office parkWatters Creek Office Park, a planned Class A office parkTech Center on Greenville, a high-end office/flex development

Ridgeview Business Center, a 6 story Class A office buildingKDC Allen, a planned 1 Million SF mixed-use development and corporate campus

Convention Center at Watters Creek

US-75 Corridor

SH-121 Corridor

WE LOVE OUR HOME

Allen’s superior quality of life has helped it earn national rankings as the best place to live. Top 25 Best Places To Relocate - Forbes 2016 #1 Best City for Families - Apartment ListTop 20 Best Places to Live - CNN Money Magazine

INSIGHTS

A Diverse Selection of Housing Options

As a community of excellence, Allen homes have retained their value within theDallas–Fort Worth area. For both buyers and renters, Allen offers a diverse selection of housing options supplemented by a variety of apartment options as well as assisted living.

There are over 25,000 houses in Allen, selling at a median price of approximately $265,000.

2015 Total Dwellings= 32,223 2020 Total Dwellings= 36,335

2015 2020

80.2% 80.4%

19.8%19.6%

Owner-Occupied Dwellings Renter-Occupied Dwellings

Median Listing Price

All Homes: $265,000

3 Bedroom: $219,000

4 Bedroom: $339,000

5+Bedroom: $414,000

WE LOVE OUR LIFESTYLEThe City of Allen’s Park Department has been a finalist for the National Gold Medal Award for a number of years, and for good reason with its nearly 1,200 acres in park land and 57 miles in nature trails.

So Much to Do and SeeWith three sports teams and an eclectic cultural scene, Allen offers entertainment options for every lifestyle.

Parks & Rec Facilities

Allen residents enjoy a number of facilities, including: The Don RodenbaughNatatorium is a fully enclosed indoor water park with a competition size pool and an rock-climbing wall. The Courses at Watters Creek offers 33 holes of championship golf, a driving range, banquet facilities, Pro Shop and the Oaks Grill. Allen Station Park is a city-wide (regional) park that includes baseball and softball fields, a playground, and trails. Hydrous Wake Park is a wakeboard complex within Allen Station Park. The Edge Skate Park is the largest outdoor skate park in the state of Texas. Celebration Park offers a super-sized space that includes soccer and baseball fields, a large multi-sport court, a playground and spray ground complex, horseshoe and washer courts, picnic areas, and hike and bike trails.

Arts & Culture

Allen hosts a variety of arts institutions and cultural amenities:

The Allen Event Center holds over 150 concerts and events each yearThe Allen Philharmonic Symphony and Orchestra regularly give performances at the Allen Civic Auditorium

The AllenUSA Celebration draws over 100,000 people to the city’s Fourth of July events

Watters Creek at Montgomery Farm, mixed-use development, hosts live music concerts

Professional Sports

The Allen Event Center hosts three professional sports: The Allen Americans, an ECHL hockey teamThe Dallas Sidekicks, an MASL indoor soccer teamThe Texas Revolution, an IFL indoor arena football team

WE LOVE OUR CITY

Allen has numerous shopping and dining destinations to meet every taste and style. Shopping options include Watters Creek, a walkable urban park, The Village at Allen and The Village at Fairview, a multi-use power center, and the Allen Premium Outlets, featuring over 100 designer outlet stores.

Shopping and Dinning in Allen

Watters Creek at Montgomery Farm

Watters Creek is a unique, resort-style mixed-use development. It offers a variety of retail options, restaurants featuring al fresco dining and water views, office space and residential lofts.

The Village at Allen and The Village at Fairview

Together, these are the newest and biggest shopping, dining, and entertainmentdestinations in North Texas. Shopping anchors include Macy’s, Dillard’s, JCPenney, Whole Foods Market, and Cabela’s. Entertainment venues include TopGolf, iPicTheaters and Splitsville Luxury Bowling Lanes.

Allen Premium Outlets

This outlet destination offers upscale shopping at over 100 designer outlet stores. Stores include Coach, Michael Kors, Calvin Klein, Nike, Tommy Hilfiger, J.Crew, Banana Republic, and Neiman Marcus Last Call. The mall is currently planned to expand with 50 additional stores.

Shopping and Dinning in Greater Dallas

Home to one of the most dynamic and exciting shopping destinations in the country, Dallas’ shopping choices reflect its global nature. Numerous high-end shops can be found in NorthPark Center, Galleria Dallas, and the Shops at Wilow Bend.

A global city also enjoys an international palate with dining options ranging from Texas favorites like steaks, barbecue and Tex Mex to international cuisine and innovative bistros.

ALLEN ECONOMIC DEVELOPMENT CORPORATION700 Central Expwy South, Suite 210

Allen, TX 75013(972) 727-0250

AllenTX.com