04 August . 2016
Dream Job Opportunities Await Near Hollyhock
Whether you're working close to home in the Frisco area or flying to meetings across the country from nearby DFW Airport, Hollyhock's convenient location makes commuting easy. And since the Frisco-Plano region’s economy is booming, there are now more opportunities than ever just a quick commute away from Hollyhock.
One of the fastest growing cities in Texas, Frisco’s population is up 362% since 2000. Since 2010, over 50 companies have relocated to the DFW region. The Frisco-Plano area alone has attracted numerous corporate heavy hitters, including FedEx Office, Dr Pepper Snapple Group, JC Penney, Frito-Lay, State Farm Insurance, T-Mobile, Capital One, Bank of America and Hewlett Packard Enterprise. And now the area is set to welcome two more multinational corporations, Toyota and Liberty Mutual, both planning to open in 2017.
According to Albert Niemi, Jr., the dean of the Cox School of Business at Southern Methodist University, Toyota made the decision to relocate to the area from its current Southern California headquarters largely because the company’s employees wanted to live the American dream. In fact, real estate prices in the Dallas-Fort Worth area are a third of the cost per square foot in LA County. Four thousand employees will work in the new headquarters in Frisco’s next-door neighbor Plano; although some current employees will move, at least a thousand are expected to be local hires. The 100-acre campus will house sales, marketing, engineering, finance and corporate services across seven buildings constructed of Texas limestone and glass. The buildings will incorporate solar panels and include not just offices, but also restaurants, fitness facilities and a pharmacy. The complex will even incorporate a quarter-mile roadway to test suspension systems on various road conditions. The cost of the new campus, in addition to moving expenses and other associated relocation costs, is projected to reach $1 billion.
The third largest insurance company in the country, Liberty Mutual is also planning a new operations center to employ 4,000 workers in Plano, including a projected 2,000 to be hired locally. Part of the $2 billion Legacy West project, Liberty Mutual’s new 1-million-square-foot high-rise complex is expected to cost $325 million. Spanning two towers connected by shopping and parking, the Liberty Mutual complex will be only a few miles from Toyota’s.
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