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Economic Overview

The City of Carrollton has established a successful track record in attracting new companies, retaining present business community partners, and assisting in the expansion process. In 2008, Carrollton set a commercial/industrial leasing record. More than six million square feet of commercial-industrial leases were signed in Carrollton. Occupancy levels for the commercial-industrial sector now exceeds 93%. In comparison, 2007 had a lease total of 4.8 million square feet.

Future Outlook

Carrollton has approximately 1,700 acres of land available for future development. This acreage accounts for over 9 percent of Carrollton’s total land area of about 24,000 acres. Carrollton’s future land use plan designates over 40 percent of the city’s total area for office, commercial, and industrial use. The city of Carrollton is well-positioned for a prosperous future.

Business Parks

Carrollton has five major business parks - Valwood Industrial Park, Frankford Trade Center, Austin Ranch, International Business Park and Trinity Mills Industrial Park. Valwood Industrial Park and the Frankford Trade Center are among the premier industrial parks in the Dallas/Fort Worth area.

Valwood Industrial Park

Valwood Industrial Park is the 3rd largest industrial park in the Metroplex ranked by completed square footage. Valwood is located in the NWQ of I-635 and I-35E and encompasses over 2,200 acres. It has over 26 million of completed square footage with 500 buildings and 1,500 tenants. It is home to Carrier, International Flavors and Fragrances, Lennox and McKesson. 

Valwood Industrial Park is one of relatively few industrial parks in the US offering all telecommunication services available in today’s technological marketplace. Valwood Improvement Authority oversees the business park.  

Frankford Trade Center 

Frankford Trade Center is home to a Foreign Trade Zone (FTZ) in Carrollton and is the only full service FTZ in the Dallas area that fronts IH-35 E and Frankford Road. Frankford Trade Center sits on 172 acres - has over 2.5 million square feet and is home to Mary Kay, Hermann Miller, Unisource and Toni & Guy.  

Frankford Trade Center 2

 

 

 

 

 

Trinity Mills

One of the city's smaller industrial parks, Trinity Mills is located west of Midway and north of E. Belt LIne Road. The park is at 96% occupancy and is home to 67 tenants including Ingram Micro, and Intrechra.  Trinity Mills sits on 73 acres and has 1.4 million square feet of industrial space.

Office Parks

Two new corporate commercial office parks are being developed in the northeast quadrant of Carrollton - International Business Park  and Austin Ranch

International Business Park

International Business Park features luxury corporate commercial office space with state of the art telecommunications and is located one mile west of the Dallas North Tollway. The office park currently has over 1.5 million completed square feet with 3.5 million planned. There are 5,000 employees working for such companies as RealPage, ACCOR and Critical Information Network.

Austin Ranch

Just north, Austin Ranch is being developed as the next master planned commercial complex in the Metroplex. BeautiControl moved into their new 380,000 square foot manufacturing distribution center in December of 2006.

Austin Ranch

News
Construction on Old Denton Road (north of Raiford Road) brings new Raiford Crossing residential development to Central Carrollton. The project by Arcadia Realty will add 174 homes and town homes while tieing in the recent extension of the Blue Trail.
The City of Carrollton Economic Development Department ranked as the fourth largest North Texas Economic Development agency, according to the Dallas Business Journal (DBJ). Carrollton completed a total of 117 deals—five more than in 2012—with a total value of $313.80 million.
National energy marketplace SaveOn Energy ranked the City of Carrollton number six on its Ten Texas Cities to get the “Biggest Bang for your Buck.”
The City of Carrollton is located in the heart of the Dallas-Fort Worth area and is a vibrant corporate and residential community. Carrollton's location and business cost advantages attract and support a diverse local economy.
A recent study by Movato Real Estate Blog ranked Carrollton, Texas as the twelfth happiest mid-sized City in America based on personal safety, homeownership rate, education, income, convenience of amenities and various stress factors.
Last updated: 9/20/2010 2:54:43 PM