Town of Westlake Earns Internationally Prestigious Award
The Town of Westlake recently won the distinguished Excellence in Economic Development Award from The Site Selectors Guild (SSG). The Town won the award for its work in bringing the new Charles Schwab development to Westlake. The Schwab Corporation is currently constructing a $100 million regional campus at the intersection of Highways 170 and 114 that will bring approximately 1,200 new employees to the region.
Town manager Tom Brymer accepted the award on Westlake’s behalf at the SSG’s annual conference in Tucson, Arizona, where economic development professionals from around the world were on hand.
“To win an award like this from such a well-regarded organization like The Site Selectors Guild speaks volumes about where the Town of Westlake stands nationally in regards to corporate location,” Brymer said via press release. “It’s not just the Schwab project; it’s the recent expansion by the Sabre Corporation as well. Couple that with Fidelity Investments and Deloitte University, who already call Westlake home and you can see how the Town has truly emerged as a financial services corridor for the Metroplex.”
Schwab purchased the land from Hillwood Properties where they will construct a 500,000-square foot corporate complex that will be adjacent to a mixed-use development to be developed by Hillwood and the Howard Hughes Corporation. The plans call for a 200-room hotel and approximately one million square feet of office and retail space.
“Charles Schwab would not have chosen Westlake for the project, but for the work of Tom’s team. Tom was the quarterback for the project and excelled at bringing Denton County and the State of Texas together as strong partners for the Town in support of the project,” said SSG member Larry Gigerich, who nominated Westlake for the award.
The Guild is widely considered one of the top economic development organizations, not only in the nation, but internationally as well. SSG is an association of the world’s foremost professional site selection consultants.