AmerisourceBergen Named Finalist for Best Real Estate Deal Award
The City of Carrollton is pleased to announce the AmeriscourceBergen Specialty Group (ABSG) development project as a finalist in the Suburban Office Lease and Headquarters/Campus award categories for the Dallas Business Journal’s Best Real Estate Deals of 2016. These awards highlight the stakeholders and dealmakers that brought about 2016’s biggest transactions and projects in the DFW Metroplex.
Since the spring of 2016, the City has been assisting ABSG, number 12 on the Global Fortune 500 and the second largest distributor of pharmaceuticals in the U.S, in its search for a new regional headquarters facility. The company’s desire to consolidate operations and move into a central location led to the Austin Ranch development community in Carrollton. After the completion of the two-phase construction process, this deal is expected to provide the City a 13-year total net benefit of $4.8 million. This project will also provide sizable benefits to Denton County, Lewisville Independent School District, DART, hotel occupancy taxes, and utility revenues.
“We are honored that the Dallas Business Journal has named AmerisourceBergen’s new office campus as a finalist for the Best Real Estate Deals,” said Carrollton Economic Development Manager Andrea Roy. “We recognize that this is an extremely competitive category and are pleased that the judges have taken note of the extensive collaboration and unique design that will make this a signature project for our community.”
For questions or comments regarding this article, please contact Thomas Latchem, Economic Development Director, Thomas.Latchem@cityofcarrollton.com.
Carrollton Economic Development Ranks Number Four in DBJ List
Last week, the DBJ released their annual list ranked by value of completed deals in 2013. Carrollton completed a total of 117 deals—five more than in 2012—with a total value of $313.80 million. Attracting businesses like Mattress Firm, Truco Enterprises, and Duro-Last Roofing, has helped Carrollton continue its efforts and success in industrializing the area.
“Carrollton is a very competitive location for businesses in North Texas,” said Tom Latchem, Economic Development Director. "Carrollton's business-centric approach to running City government, its commitment to the one-stop permitting process that was instituted years ago, and its collaborative public/private partnerships have resulted in a diversified tax base and a consistent approach to development that private sector decision-makers appreciate and that tax payers deserve. Additionally, we are telling the Carrollton ‘story’ globally, nationally, and regionally to very receptive target audiences as well as readying our Shop Carrollton Campaign to remind our residents that we are open for business."
The Prosper Economic Development Corporation makes its first appearance on the DBJ list on top this year with $1.15 billion in value of deals. Richardson and Irving take the number two and three spots, while Fort Worth rounds out the top five.
For more information on the rankings, visit bizjournals.com/dallas. For more information on Carrollton’s economic development efforts, visit carrolltontxdevelopment.com.