While no one can deny the phenomenal development underway north of Dallas, industry experts report that traffic congestion and tightening labor pools in Frisco and Plano are translating into new appeal for outlying Dallas-Fort Worth communities.
“When Plano’s $3 billion Legacy West project recently opened its doors, city leaders proclaimed it was the center of the universe,” wrote real estate editor Steve Brown in a recent Dallas Morning News article. “Well, the universe is expanding.”
Brown noted that growing traffic congestion and tightening labor pools around the intersection of State Highway 121 and the Dallas North Tollway are sending some big companies looking at other alternatives.
He pointed to several corporate campus and regional headquarters projects underway in Northeast Tarrant County and Collin County as examples.
As companies continue to expand in North Texas, affordability, less congestion and access to talent are driving their site location decisions.
Perhaps not surprisingly, smaller, emerging DFW communities are catching the attention of existing Texas businesses and those arriving from out of state.
Situated just 26 miles south of Dallas in Ellis County, the thriving community of Midlothian is surfacing on radars of expanding and relocating businesses, real estate brokers and developers – and with good reason.
In just the past seven years, the community has experienced a population explosion of nearly 105 percent, jumping from 18,037 residents in the 2010 Census to nearly 37,000 in 2017.
And according to 2017 population estimates by the North Central Texas Council of Governments, Midlothian grew by 8.1 percent from 2016 – 2017.
Clearly, Midlothian’s numbers on paper are impressive, but they do not tell the complete story of this upscale suburb.
While the city proper is comprised of roughly 50 square miles, Midlothian Independent School District encompasses 112 square miles and is one of the fastest-growing school districts in Texas.
With two high schools, two middle schools and seven elementary schools, this district’s momentum shows no signs of slowing and planning for additional campuses is ongoing.
The most recent Midlothian ISD School District Strategies report revealed some exciting statistics:
- Builders started construction on 647 new homes in the district over the past 12 months.
- Developers delivered 823 new single-family lots in MISD over the past year.
- Midlothian ranked 19th in total new home closings over the past year compared to the other 86 DFW school districts.
- The district’s median new home price is currently $332,195.
- Projections suggest enrollment could increase from 8,443 currently to more than 13,000 students by 2025.
The numbers above represent just the tip of the iceberg when it comes to why Midlothian is proving a lucrative fit for growing businesses.
There’s so much more to discover – luxury housing options, available land, strategic logistical advantages, and supportive city leaders.
We invite you to expand your horizons when it comes to selecting your next business location. We believe we have all you need – and more.
Just beyond the big city limits.