Dallas to Give AT&T $11.5 Million, In Exchange for $2.2 Billion

At this very moment at City Hall, the city council's Economic Development Committee is discussing myriad topics as it gets back to work, chief among them AT&T's relocation to Dallas, as announced on June 27. This morning's briefing includes further details about the move, including AT&T's moving its air fleet...

By Robert Wilonsky

August 4, 2008

[
        {
          "name": "Air - MediumRectangle - Inline Content - Mobile Display Size",
          "component": "18855504",
          "insertPoint": "2",
          "requiredCountToDisplay": "2"
        },{
          "name": "Editor Picks",
          "component": "17105533",
          "insertPoint": "4",
          "requiredCountToDisplay": "1"
        },{
          "name": "Inline Links",
          "component": "18349797",
          "insertPoint": "8th",
          "startingPoint": 8,
          "requiredCountToDisplay": "7",
          "maxInsertions": 25
        },{
          "name": "Air - MediumRectangle - Combo - Inline Content",
          "component": "17105532",
          "insertPoint": "8th",
          "startingPoint": 8,
          "requiredCountToDisplay": "7",
          "maxInsertions": 25
        },{
          "name": "Inline Links",
          "component": "18349797",
          "insertPoint": "8th",
          "startingPoint": 12,
          "requiredCountToDisplay": "11",
          "maxInsertions": 25
        },{
          "name": "Air - Leaderboard Tower - Combo - Inline Content",
          "component": "17105535",
          "insertPoint": "8th",
          "startingPoint": 12,
          "requiredCountToDisplay": "11",
          "maxInsertions": 25
        }
      ]

At this very moment at City Hall, the city council's Economic Development Committee is discussing myriad topics as it gets back to work, chief among them AT&T's relocation to Dallas, as announced on June 27. This morning's briefing includes further details about the move, including AT&T's moving its air fleet to Dallas and taking over a hangar at Love Field. But it also details the economic incentives the city has offered to AT&T in order to lure it away from San Antonio, which are detailed on Page 6 of the document and add up to $11.5 million over 10 years, assuming AT&T stays in Dallas for at least five years. Which sounds like a good deal, as the city guesstimates AT&T's relocation will have a "$2.2 Billion economic impact to the city of Dallas over 10-years." Also being discussed today, in closed-door executive session: "Arts District Parking Garage." --Robert Wilonsky

Become A Member

BEFORE YOU GO...
Can you help us continue to share our stories? Since the beginning, Dallas Observer has been defined as the free, independent voice of Dallas — and we'd like to keep it that way. Our members allow us to continue offering readers access to our incisive coverage of local news, food, and culture with no paywalls.