CoreNet Economic Development Awards Finalist: City of Farmers Branch, Texas Date: March 16, 2005 Category: Leadership & Innovation
JPMorgan International Plaza
JPMorgan Investment Services Tenant Rep : Staubach Company Developer: The Wilcox Group, Dallas, Tx Incentive Advisor: Stadtmauer Bailkin Biggins
Incentive Package Sales tax exemption program Tax abatement Training grant Fast track permitting process
Team Mayor and City Council Director of Economic Development City Manager & City Attorney Brookhaven College Dallas County Wilcox Development
Impact to Company $1.1 million annually in property taxes* $4.9 million in sales tax exemption $932,342 in state training grant *Estimated
Impact to City 1,650 new jobs $170,000,000 in capital investment $683,421 in administrative fee ( )