Fort Worth & Amazon · Fort Worth’s incentives are designed for the success of its partners. No...
Transcript of Fort Worth & Amazon · Fort Worth’s incentives are designed for the success of its partners. No...
Lower Cost of Operat ions
FTW’s low cost of living will generate anestimated annual savings in payroll equal to $1.75 B illion annually
FTW will help secure discounted airf are and a dedicated service and check-in station f or Amazon employees at DFW Airport
FTW will work with Amazon on the installation of Smart City and Smart B uilding technology f or HQ2, yielding savings
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Phase I Phase II Phase III+
Capit al Invest ment Minimum $200 Million $500 Million $750 Million
Square Feet Minimum 500,000 SF 1,500,000 SF 3,500,000 SF
Job Impact No Minimum for Eligibilit y No Minimum for Eligibilit y 10,000 minimum
Grant Percent age Of f ered 70% 80% 90%
Unambiguous Incent ives
Built For Success
Fort Worth’s incentives are designed for the success of its partners. No artificial enticements tied down by complicated requirements
Once It’s Yours, It’s Yours
Annual grants based on successful performance are provided without threat of future recapture
Straightforward, performance-based incentives take the risk of uncertainty out the equation. No overly complex terms or processes
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Low Cost of Living35% less than Seattle = $1.75 billion saving $35K for every $100K in salary
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Rapid GrowthFort Worth has fastest growth among 20 largest US cities 2000-2016
Quick CommuteAll metro area tech labor is within an hour commute by Transit or Highway
Fertile Soil for a Tech Co.High concentrations in aerospace, transportation, warehousing, retail, manufacturing, healthcare
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At t ract ive to TalentOver 340,000 individuals working in key sectors required for HQ2 are within a one hour commute of downtown Fort Worth
Position Hourly Average Hourly for 90th Percentile
Chief Executives $67 $139
Computer and Information Systems Managers $75 $131
Software Developers $51 $75
Human Resources Managers $51 $80
Human Resources Specialists $30 $47
Lawyers $53 $96
Accountants and Auditors $38 $59
Office Supervisors $28 $41
Clerical Staff $30 $30
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EMSI Q3 2017 Data Set
This includes over 223,000 in Professional Services, 72,000 in Information, and 45,000 in Management
At t ract ive to Talent25 Best Cities for Young Professionals 2017 (Forbes)
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EMSI Q3 2017 Data Set
2010-2014 DFW has net new residents from Chicago (12K), New York (11K), and Los Angeles (9K)Fort Worth Median Age: 32.6
2 segments identified by ESRI based on socioeconomic and demographic composition, prefer homeownership, are composed predominantly of families with young children, and are racially and culturally diverseMajor employers Lockheed Martin and Bell Helicopter provide fertile ground for planting a technology-based corporation
DFW Labor Pipeline in PlaceThousands of Computer Science Graduates from metro universities, including UTD – US News and World Report #3 in Texas for Computer Science and Computer Engineering
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More than ¼ of the Local High Schools offer Computer Science and IT focused curriculum
6 Junior College Campuses with Associates Degrees in IT, Web Security, Convergence Technologies
Public, Charter, and Private Schools offer college-level Computer Science CurriculumScience, Technology, Engineering, Math (STEM) Education from Kindergarten through PhD
Universit y Partnerships
Over 25,000 annual completions out of 78,000 in DFWWithin 15-30 min: Texas Christian University, University of Texas at Arlington, Texas Wesleyan University, Tarleton StateWithin 1 hour: University of North Texas, University of Texas at Dallas Industrial Advisory Council f or IT researchWithin 3.5 hours: Texas A&M and the University of Texas
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Schools within 15 – 30 minutes drive Enrollment
The University of Texas at Arlington 34,272Texas Christian University 9,336Texas Wesleyan University 2,333UNT Health Science Center 2,082University of North Texas 36,486
Tarrant County College Credit Courses - 51,705 studentsCertifications and Licensures – 50,000+ students
It ’s In Our Blood
The history of Fort Worth is rooted in its strength as a center f or logistics and transportation.
The tremendous transportation inf rastructure that Fort Worth of f ers enables Amazon employees to access every major city in the continental United States within 4 hours.
DFW International Airport
4th Nationally in takeof fs and Landings
65.6M passengers
20 minutes f rom Downtown Fort Worth
167 domestic, 56 International Destinations
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High Speed RailEfforts are underway to extend High Speed Rail to Fort Worth from Houston and Dallas
UberElevate
Fort Worth and surroundin region selected as test region for UberElevateflying cars beginning 2020
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Fastest Growing Major City LGBTQ
Fort Worth scored a perf ect 100 on the Human Rights Campaign’s Municipal Equality Index, which measures cit ies’ inclusion of lesbian, gay, bisexual and transgender residents
Fort Worth had the f astest growing population among the 20 largest US cit ies f rom 2000 to 2016
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Fort Worth’s Medical District :DFW region’s single largest concentration of medical jobs
Fort Worth is a cit y that has been defying expectat ions since 1848, a place where the pioneering spirit is emblematic of the original wildcatters that shaped this city. It’s evidenced in the unpretentious blue-jeans and “BBQ” culture.
The stable and business-friendly environment is rooted in the entrepreneurial heritage of this city – an unfailing can-do attitude.
Fort Worth continues to delight anyone willing to come grow with us. Are you ready to defy expectations, Amazon HQ2?
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