|Texas State lawmakers recently passed a law, HB 1223, that provides sales tax incentives to companies that open a new data center in the state. It’s a way to ensure technology companies consider Texas and bring in capital investments. The plan provides tax exemptions for electricity as well as equipment purchases. Read the Dallas Business Journal article recently published concerning the new law for additional information. You can read it here.|
FORT WORTH (Fort Worth Business Press) – Dallas-based Trammell Crow Co. and USAA Real Estate Co. will develop a large Federal Aviation Administration (FAA) government project. The joint venture is building a new 357,214-sf office for the FAA’s southwest regional headquarters in the Alliance development.
The six-story, Class-A building will be at Heritage Pkwy. and I-35W on 45 acres. Manhattan Construction Co. is the project’s general contractor and Gensler is the project architect. Construction is planned for September with an expected October 2015 completion. Oncor is the T&D company for the site.
Cellphone pioneer Motorola announced Wednesday that it’s opening a Fort Worth manufacturing facility that will create 2,000 jobs and produce its new flagship device, Moto X, the first smartphone ever assembled in the U.S. The company has already begun hiring for the AllianceTexas plant. The site was once used by fellow phone manufacturer Nokia, meaning it was designed to produce mobile devices, said Will Moss, a spokesman for Motorola Mobility, which is owned by Google.