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DOING BUSINESS IN
DALLAS

What you need to know about The Big D
by Joseph Pedro

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With a low cost of living, large work force, plenty of space, and a convenient central location, entrepreneurs are lining up to make it big in the Big D.

While start-up companies are common, Dallas is already home to an impressive lineup of nationally and internationally known businesses, which include 46 Fortune 1,000 companies, 19 businesses listed as America’s Largest Private Companies by Forbes, and 113 total headquarter operations.

Despite the nation’s financial crisis, Dallas still shows signs of growth and a certain type of defiance against the recession. The signs of development in this southern metropolis are clearly visible as cranes continue to erect massive skyscrapers, and workers build new roads, rails, and bridges. Much-needed improvements to the city’s transportation infrastructure will come with the upgrades to the Dallas Area Rapid Transit (DART) light rail system. With the approval of a $700 million grant in 2006, two new lines are well underway to completion that will connect people to up-and-coming areas as well as major event spaces like the Texas Fair.

To further relieve traffic congestion and create new outdoor spaces, the Trinity River Corridor Project has been in the works since the late 90s. A major component is the completion of three-signature bridges, designed by famed architect Santiago Calatrava, which will span the Trinity River. The Margaret Hunt Hill Bridge is set to open in 2011, the Margaret McDermott Bridge in 2014, and an unknown date for the third. Other components include the creation of two lakes and an Audubon center, as well as a plan to attract businesses through the creation of an impact zone for economic development reserved for restaurants, residential projects, and offices.

Even if your company is not located in Dallas, you will probably find yourself touching ground at Dallas Fort Worth Airport as Dallas is one of the leading convention cities in the country. It has also become a popular pick for LGBT-owned businesses and gay and lesbian organizations. In the past six years, more than 32 LGBT-related conventions and events have taken place in Dallas—bringing in around $37 million in economic value. In 2009 alone, Dallas booked the largest number of gay and lesbian meetings on record, according to the Conventions and Visitors Bureau. Some major gatherings included the Dallas Fort Worth Pride Movement, the Texas Bear Round-up, and Creating Change—the National Gay and Lesbian Task Force convention.

An assortment of state-of-the-art meeting spaces is just one of the many reasons why businesses choose Dallas. Located in the emerging Victory Park area, the American Airlines Center offers a 20,000-seat arena, as well as three meeting rooms, suites, and entertainment space for 18 to more than 350 people. Most likely, you’ll be heading to the colossal Dallas Convention Center, which has more than one million square feet of open space, making it the largest column-free exhibit hall in the world. It even has the world’s largest helipad, in case you want to make an extravagant entrance.

Buli CafeSome lesser-known venues can also provide excellent space for an event. The Dallas Market Center is the world’s largest wholesale market place, but it can also accommodate businesses with exhibit, meeting, and special event space. For a more natural setting, try a meeting at Fair Park. This cultural center is a National Historic Landmark that has 277 acres of park areas, museums, exhibit facilities, and indoor space that can accommodate 8,000 guests.

After a long day working, you’ll want to find a comfortable and business-savvy hotel to spend the night. Unfortunately, the convention center does not currently have a hotel. Ground has recently been broken, however, for the Omni Dallas Convention Center Hotel with a grand opening scheduled for 2012. The 1,000-room hotel will provide much needed accommodations in the Historic District and relieve some convention center congestion. The plans include 80,000 square feet of meeting space, restaurants, a spa, and pool facilities.

If you have business to take care of at the American Airlines Center, or just want to stay at one of the newest and trendiest hotels in Dallas, then book a room at W Dallas—Victory. This towering hotel has become the center of the burgeoning Victory Park area. Wireless Internet and a generous workstation are available in all the rooms. For more business amenities, the WIRED Business Center is open 24 hours and has PC workstations, fax machines, scanners, and printers. If you’re worried about getting to other parts of the city, book the Acura Experience, a signature Whatever/Whenever car service. For an evening cocktail or a meeting over drinks, the Ghostbar is not to be missed. Located on the 33rd floor of the hotel, the ultra-chic lounge offers unparalleled views of Dallas. Don’t forget to look down: the glass-floored ghostdeck is a dizzying experience.

Continued
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