Dallas Business Journal

  • 17 January 2018, 4:44 pm

    Texas' GOP leaders take another crack at limiting property tax increases

    A plan to cap annual increases in local property taxes was unveiled Tuesday by Gov. Greg AbbottThe proposal would limit how much more in revenue local taxing entities such as cities, counties and school districts could raise each year at 2.5 percent.It would also require the approval of two-thirds of voters to raise the cap above that 2.5 percent threshold, and would require local governments to vote on increasing property appraisals.The tax plan should be a focal point of Abbott’s re-election…
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  • 16 January 2018, 4:28 pm

    Texas Rangers' $1.1B ballpark helping push national spending on sports venue construction

    Construction spending on sports venues will sink slightly in 2018, but it won’t stay there for long.Sports facilities scheduled to open this year in the United States and Canada are expected to tally $4.1 billion in construction costs, capping off an unprecedented three-year stretch that saw nearly $17 billion spent to build or renovate sports venues.This year’s total represents a 40 percent drop from the record-high $6.9 billion that was spent on projects that opened last year. However,…
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  • 16 January 2018, 4:02 pm

    Site selector offers 30,000-foot look at Dallas' chances of landing Amazon's HQ2

    Seattle-based Amazon plans to spend $5 billion on its second headquarters — the so-called HQ2 project — which the online retailer projects will ultimately employ 50,000 people in well-paying, high-tech jobs.Amazon says in its September 2017 request for proposals that it is seeking a metropolitan area with more than one million people, a "stable and business-friendly environment," a market that can attract and retain strong technical talent, and a community that thinks "big and creatively."…
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