Labor Market Spotlight: Las Colinas



What was once known as a sprawling ranch owned by city patriarch John Carpenter, has grown into a 12,000-acre planned development called Las Colinas, an office, residential, commercial and retail center that employs more than 100,000 workers and serves as home to roughly 31,000 people.

The site – said to be one of the first master-planned developments in the United States – is home to 44 Fortune 500 companies, including Commercial Metals, ExxonMobil, Fluor, Kimberly-Clark, and Celanese.

Top employers include Citi, Allstate Insurance, Pioneer Natural Resources Co. and Microsoft. The hospitality sector is also strongly represented, with the Four Seasons Resort and Club Dallas at Las Colinas and the Omni Mandalay Hotel at Las Colinas. Nearly 18 percent of all employees working in Las Colinas are in the accomodation, food services, and health care sectors.

Even during the early stages of the development, the site’s proximity to Dallas Fort Worth International Airport and central location figured strongly into the success of the development. Roughly 14 percent of the workers are employed in the retail sector.  

Roughly three fourths of all employees commute 24 miles or less to work in Las Colinas; nearly two-thirds of the workers earn more than $3,333 per month. More than half have some college, an associate degree, or more education.

In the center of it all is Lake Carolyn, a 125-acre lake that connects the development’s hotels, apartments and corporate offices and retail establishments. 

“We wanted to develop the land with its unique features in such a manner that the environment would be enhanced and preserved,” the late Ben Carpenter, son of John Carpenter, told the Dallas Morning News in 1973. “We wanted to make it a place that our grandchildren would enjoy.”

SAMPLE OF MAJOR EMPLOYERS IN LAS COLINAS

1Citi

2Pioneer Natural Resources Co

3Microsoft Corp

4Neiman Marcus Direct

5Nokia

6HMS

7Signet Jewelers

8North Lake College

9Goldman Sachs & Co

10Verizon Wireless

11CVS Caremark Operations Ctr

12Four Seasons Resort & Club

13Vizient Inc

14Ace Cash Express Inc

15Nissan North America

16Michaels Co Inc

17Liberty Mutual Middle Market

18Cigniti Technologies

19Aviall

20Cap Digisoft Solutions

21Miraca Life Sciences Inc

22Boy Scouts Of America

23Commercial Metals Co

24JPI Leasing

25Lehigh Hanson Inc

26Targetbase Marketing

27Las Colinas Medical Ctr

28H D Vest Investment Securities

29Kimberly-Clark

30Lq Management LLC

31Fluor Enterprises Inc

32Bioworld Merchandising

33Celanese Corp

34Darling Ingredients Inc

35Exxon Mobil Corp

36Fluor Corp

37HD Vest Financial Svc Inc

38Health Smart Network Solutions

39Mentor Texas

40Provista

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