Fortune 500 Company D.R. Horton Celebrates New Corporate Headquarters in Arlington
City and community leaders joined hundreds of D.R. Horton employees Monday to celebrate the opening of the Fortune 500 company's sleek new headquarters, located in Arlington's Entertainment District.
Construction on the four-story corporate headquarters, home to more than 400 employees, was recently completed on a six-acre campus on the north side of Interstate 30 between Collins Street and Baird Farm Road. D.R. Horton, celebrating its 40th anniversary, invested more than $20 million to relocate its headquarters to Arlington.
"We are excited about our new company-owned campus, which gives our corporate employees the ability to work more closely together on a day-to-day basis in a family atmosphere,"said Donald R. Horton, D.R. Horton founder and executive chairman. "The investment represents D.R. Horton's commitment to supporting the needs of our nationwide operations in an efficient and effective manner. We appreciate the City of Arlington's collaboration and support of our relocation efforts."
Arlington Mayor Jeff Williams, along with fellow City Council members, thanked D.R. Horton for its investment.
"It's very special when you turn a piece of land here that had been undeveloped for decades into a beautiful, vibrant facility,"Williams said. "You have built an incredible home building company with a bright future, the same way our community has a bright future."
D.R. Horton, Inc. currently employs approximately 7,600 employees nationwide. The company is #232 on the 2017 Fortune 500 list, operates in 27 states across the country. Since its founding, D.R. Horton has built more than 500,000 homes, positioning the company as America's largest builder by volume for 16 consecutive years.
The City of Arlington provided D.R. Horton with a $5.5 million development grant to assist the company with site development improvements, structured parking and other infrastructure.
Strategic economic development allows Arlington to build its commercial tax base while keeping the tax rate low so the city can continue to provide the high-quality services - such as police, fire, parks, and libraries - that our residents expect.
"We are so excited to have a Fortune 500 quarters open their doors and be headquartered right here in Arlington,"Chamber of Commerce President Michael Jacobson said. "Arlington is a place to be not only for entertainment - we know it's one of the best places in the world as an entertainment venue - but it's one of the best places to be in the world for business."
America's Builder could soon be helping future homeowners realize their dreams in Arlington, Horton said during Monday's ceremony.
"We're looking at property every day. As soon as we find the right fit in the right location that works, I'm positive we'll be building homes here. There's no place we'd rather build than Arlington, Texas,"Horton said.
Entertainment District, Invest in our Economy
Business, Economic Development, News