In 2012, 87 new businesses opened in Southlake - a sure sign of economic growth
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Sponsored bybrRoxann Taylor & Associates Realtors
Submitted bybrRoxann Taylor
I frequently have the opportunitybrto talk to individuals looking to make a move, and when trying to decide ifbrTexas, and more importantly, if Southlake is the right move for them, Ibrget excited to talk about our great city. Not only do we have the verybrbest in education, sports, and arts, but the feeling that we live inbrPleasantville. I know that you must feel it too.
The biggest buzz this last weekbrwas at the S.P.I.N. (Southlake Program for the Involvement of Neighborhoods)meeting when Del Frisco's Grill was proposed to go into Southlake Town Square. Additionally, approvals for the expansion of the garden district were alsobrrequested at the S.P.I.N. meeting.
In 2012, Southlake had a 7.2%brincrease in sales tax revenue for a total of 20.3 million dollars. Wishbrwe got to keep all of it, but it was actually distributed this way:
· 6.25% goes to the state
· 1% goes to the city's general fund
· .5% is dedicated to each of two specialbrrevenue funds-
o brCrimebrControl & Prevention District
o brSouthlakebrParks Development Corporation
This increase in sales taxbrrevenue can probably be attributed to consumer confidence, because there werebr87 new businesses that opened in 2012. The fact that many of ourbrbuildings previously abandoned during the recession are now being filled by somebrof these new businesses is pretty exciting. From the Neighborhood Walmartbrgoing into the old Albertsons, to Mellow Mushroom, which took over the old BakerbrBrothers space, business is thriving in Southlake and includes the followingbrnew additions:
• brHomeGoodsbrmoved into 30,000 square feet in the Southlake Corners shopping center.
• brAmericanbrSpecialty Health took over 50,000 square feet of space previously occupied bybrFidelity Investments.
• brAll AmericanbrFamily Fitness opened in the former 10,900 square foot Larry North Fitnessbrlocation
You know we are famous for ourbrrestaurants, and Bonefish Grill and Patrizio Osteria both opened up in brandbrnew buildings. It’s kind of funny whenbrmy team and I go out and show various homes. brWe get to enter these big, beautiful kitchens with great appliances andbrwhen the potential buyers check the oven they are always a bit surprised tobrstill find the instruction manual neatly wrapped and sealed in plastic. I kind of have to laugh because we're slowlybrgetting every style of restaurant in Southlake which means that in addition tobrhaving the very best dining experiences available, you don’t ever have to leavebrthis city (or use your kitchen) in order to get what you want.
Are we lucky? Or is it because we have great leaders…. Youbrtell me.
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~Roxann Taylor~ The Only Name you need to know inbrReal Estate