Frontier Communications Moving 300 Jobs to Allen

Frontier Communications Inc is setting up a nearly 84,000 square-foot Regional Operations Center at the Allen Office Center. According to the Dallas Business Journal, the rural communications company will take more than 300 jobs to Allen and create an additional 300 jobs within 24 months.

The northern suburbs of Plano, Allen, Frisco, and McKinney continue to see commercial growth and businesses moving into the area. This is not only good economic news but good news for our housing market as well.

Search for Homes For Sale in Allen Texas.

Source: Based on a story in the Dallas Business Journal, June 9 2011

Good Economic News for Plano Texas

There’s some good economic news for Plano and Collin County, Texas.

News

Licensed from iStockPhoto

Phil Dyer, Plano City Mayor, recently told a group of real estate professionals that the city cut $14m from the 2011 city budget for fiscal year 2011 beginning October 1, 2010. Even better was that this was done without raising local taxes.

In other good news, economic development is alive and well in Plano and Collin County. Collin County is on the short list for a number of corporate moves:

  • Cigna facility opening bringing in 1000 new jobs
  • Tech Tronics – 450 new jobs
  • Wallway Tech – leasing 1.3m square foot facility in plano
  • Pizza Hut World Headquarters – 600 new employees
  • Danbury Resources – 300 new jobs moving here from Ft. Worth

Tom Branch, Broker, CDPE, SFR