The Town of Westlake recentlybrwon the distinguished Excellence in Economic Development Award from The SitebrSelectors Guild (SSG). The Town won the award for its work in bringing the new Charles Schwab development to Westlake. The Schwab Corporation is currentlybrconstructing a $100 million regional campus at the intersection ofbrHighways 170 and 114 that will bring approximately 1,200 new employees to thebrregion.
Town manager Tom Brymerbraccepted the award on Westlake's behalf at the SSG's annual conference inbrTucson, Arizona, where economic development professionals from around the worldbrwere on hand.
“To win an award likebrthis from such a well-regarded organization like The Site Selectors Guildbrspeaks volumes about where the Town of Westlake stands nationally in regards tobrcorporate location,” Brymer said via press release. “It's not just the Schwabbrproject; it's the recent expansion by the Sabre Corporation as well. Couplebrthat with Fidelity Investments and Deloitte University, who already callbrWestlake home and you can see how the Town has truly emerged as a financialbrservices corridor for the Metroplex.”
Schwab purchased the landbrfrom Hillwood Properties where they will construct a 500,000-square footbrcorporate complex that will be adjacent to a mixed-use development to bebrdeveloped by Hillwood and the Howard Hughes Corporation. The plans call for abr200-room hotel and approximately one million square feet of office and retailbrspace.
“Charles Schwab would notbrhave chosen Westlake for the project, but for the work of Tom's team. Tombrwas the quarterback for the project and excelled at bringing Denton County andbrthe State of Texas together as strong partners for the Town in support of thebrproject,” said SSG member Larry Gigerich, who nominated Westlake for the award.
The Guild is widelybrconsidered one of the top economic development organizations, not only in thebrnation, but internationally as well. SSG is an association of the world'sbrforemost professional site selection consultants.