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Irving Las Colinas Chamber reports fiscal-year midterm wins: office deals, jobs and capital investment
Summary
The Irving Las Colinas Chamber told the City Council it secured recruitment and retention wins totaling millions of square feet of commercial space, more than a thousand retained jobs and over $519 million in capital investment in the first half of the fiscal year.
Beth Bowman, president and CEO of the Irving Las Colinas Chamber of Commerce and the Irving Economic Development Partnership, delivered the organization’s semiannual report to the City Council, highlighting recruitment, retention and small-business outreach.
From Oct. 1 through March 30, Bowman said the chamber recorded 15 recruitment wins accounting for roughly 2.3 million square feet of commercial space and about 1,200 jobs, and cited more than $519 million in capital investment tied to those wins. "We're expecting to meet and exceed our contractual key performance indicators while producing an exceptional return on the public's investment from an economic development perspective," she told the council.
Bowman and other chamber leaders listed recent recruitment wins including Lissy Homes, Speedy Freight, Comunis Inc. and the Southwest Airline Pilots Association. On retention, Bowman said four expansion wins created roughly 40 new jobs and retained more than 1,000 jobs in Irving.
Chamber chairman Steve Love also spoke, noting the role of small businesses in the local economy and warning that regional competition for projects remains intense. He and Bowman described international trade missions, sister-city activity and marketing placements that, they said, amplify Irving’s economic profile.
Why it matters: The presentation quantified recent private-sector commitments and community outreach that feed into Irving’s tax base and employment levels. Chamber staff said they are actively engaging site selectors, brokers and corporate prospects and that continued investment will require coordination with city permitting, infrastructure and economic incentives.
No formal action: The council received the report and asked questions about competitive positioning and TIF (tax increment financing) use; the presentation did not include a council vote.
