From the cover
Companies continue to bring headquarters to Coppell
BY CONNOR PITTMAN
What’s happening
PATRIOT DR.
Fortune 500 companies in Coppell
Mays said Coppell has the location, infrastructure and city services to attract corporations of all sizes. Director of Community Development Mindi Hurley said 11 Fortune 500 companies have a presence within Coppell. Hurley added that corporate tenants’ presence helps provide trac that will frequent local businesses and enhance Coppell’s economy. “As these employees settle in and around Coppell, they become active members of the community,” said Ellie Braxton, Coppell Chamber of Commerce president and CEO. Hurley said other aspects such as the schools and a strong transportation network make Coppell desirable. “This location lets us build a team with great talent from across the metroplex,” said Andrea Weidlich, senior director of marketing for Vari, a Coppell-based furniture company. In certain cases, Hurley said developing specic areas to cater to companies, such as Coppell’s western area, which has been designed around warehouses, will help shape future development within the city.
SRT TOLL
9
5
1A Amazon 1B Amazon 1C Amazon 1D Amazon 2 Boeing 3 Builders FirstSource
1A
Coppell
10
2
W. SANDY LAKE RD.
121
CREEKVIEW DR.
1B
4A Cintas 4B Cintas 5 FedEx 6 IBM
W. BETHEL RD.
7
4B
1C 1D
635
AIRLINE DR.
11
GATEWAY BLVD.
7 Kroger 8 Mastec 9 McKesson 10 Quest Diagnostics 11 UPS
4A 3 6
8
WRANGLER DR.
CRESTSIDE DR.
114
MAP NOT TO SCALE N
SOURCE: CITY OF COPPELLCOMMUNITY IMPACT
What they’re saying
What’s next
Zooming in
Construction on the building for Convotherm and Merrychef, located at 1010 W. Sandy Lake Road, will likely last throughout 2024, said John Castro, a consultant who worked with city sta on the project. Economic incentives for the project are slated to begin in 2025. “We are excited for what the future holds for our brands in Coppell,” said Ryan Blackman, vice president of marketing and communications for Ali Group North America, the parent company of Welbilt. Hurley said city sta also focus on updating maps outlining the preferred uses for open land along with supporting existing companies in Coppell. She added that sta regularly check in with corporate tenants to identify potential needs. “We’re being proactive in our development standards so that we stay ahead of the needs and trends [of corporations],” Hurley said.
Coppell primarily grants tax abatements as part of its economic development toolkit, Hurley said. When evaluating incentive packages, potential infrastructure, job creation and capital investment in Coppell are analyzed by city sta. Hurley said companies choosing to locate in Coppell also help boost local hotel tax revenues as out-of-town employees come in to visit. “Welbilt is a great example,” Hurley said. “They are not only providing jobs in town and the tax base...they are bringing the visitors that come in.”
“New businesses often bring fresh perspectives, technologies and ideas that can boost the competitiveness of existing businesses, and foster
a spirit of collaboration and entrepreneurship within the community.” ELLIE BRAXTON, COPPELL CHAMBER OF COMMERCE PRESIDENT AND CEO
What is a tax abatement?
A tax abatement oers a rebate on a portion of a business’s taxes for up to 10 years, and a reinvestment zone must be created to facilitate the rebate.
“We’re in an extremely good place; we’re doing things that most other cities can only dream about.” WES MAYS, COPPELL MAYOR
24 tax abatements oered since 2014 23 companies received tax abatements, including Vari twice
SOURCE: CITY OF COPPELLCOMMUNITY IMPACT
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LEWISVILLE COPPELL EDITION
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