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How North Texas ranks on SmartAsset’s list of cities with successful women – Dallas Business Journal

How North Texas ranks on SmartAsset’s list of cities with successful women – Dallas Business Journal

When it comes to a national ranking of cities with successful women, Plano ranks in the top 10.

That’s according to a new report — "Cities Where Women Are the Most Successful" — compiled by New York-based personal finance company SmartAsset.

To compile its list, SmartAsset said it looked at six factors: "percent of women with bachelor’s degrees, median earnings for full-time working women, percent of businesses owned by women, women’s unemployment rate, average housing cost as a percent of a full-time working woman’s income and percent of women with high incomes."

Plano took ninth, with SmartAsset highlighting that just over 27 percent of full-time women earn more than $75,000 and the city’s female unemployment rate is under 3.1 percent. The city also boasts some of the study’s best-educated women, with roughly 36 percent holding bachelor’s degrees.

However, Plano’s cost of living prevented it from taking a higher spot in the report, SmartAsset noted.

"…Our data shows that the average home costs over $1,400 per month, including mortgage and property taxes, which would eat up 33 percent of the average full-time working women’s income," the report states.

Arlington, Virginia, ranked No. 1, followed by Scottsdale, Arizona; Madison, Wisconsin; San Francisco; Alexandria, Virginia; Raleigh, North Carolina; Minneapolis; Washington D.C; and Denver.

Largest North Texas Women-Owned Businesses

Ranked by 2016 Local Revenue

Rank Company 2016 Local Revenue 1 Asociar LLC $132.49 million 2 HOBI International Inc. $90 million 3 WRG LLC $86 million View This List

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What housing shortage? This Fort Worth development is bucking the national trend | Fort Worth Star-Telegram

What housing shortage? This Fort Worth development is bucking the national trend | Fort Worth Star-Telegram

Not long ago, when travelers ventured beyond Loop 820, the skies opened and cattle bedecked the landscape, forming a veritable gateway to rural West Texas.

Today, that area of far west Fort Worth is quickly becoming one of the most popular residential developments in North Texas.

The Walsh area, about 14 miles west of downtown Fort Worth, is bucking a national trend. While the rest of the United States is coping with a housing shortage that is driving up prices and forcing some prospective buyers to wait, Walsh is building houses at a rate of about one per day.

Walsh features 11 square miles that used to be part of the family owned Walsh Ranch. It straddles Interstates 20 and 30, wedged between west Fort Worth’s older neighborhoods and Aledo.

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Today, Walsh is attractive not only for the wide range of homes — with 12 builders offering structures ranging from the upper $200,000s to nearly $800,000 — but also for the amenities, said Tony Ruggeri, co-chief executive of developer Republic Property Group.

The neighborhood is expected to eventually be home to roughly 50,000 people, although full build out could take up to 50 years. But residents who have already bought property can already enjoy many of the master-planned amenities.

Recently, the doors opened on a community room known as a "Makerspace," which features a variety of heavy-duty woodworking tools, 3D printers and other equipment available for free use by residents. Several pools, a beach volleyball area and water park features will be added later this year.

The idea is to give residents the tools to help their children learn skills previous generations got from wood shop class or perhaps a robotics club, Ruggeri said.

"We take very seriously the responsibility for creating a lot of childhood memories," Ruggeri said Tuesday during a tour of the area. "We know people want their kids to have more than just memories of going everywhere in a car. People want to experience things outside, and to have access to the tools they need to make things."

In its first year, Walsh has sold 171 homes, including 34 homes for which the sale has been closed and residents have already moved in. About 60 more homes are slated to close in the next 90 days, Republic Property Group officials said.

The development is marketed not only to young parents looking for a safe, yet outdoorsy place to raise their children, but also empty-nesters looking to downsize without sacrificing quality in their neighborhood of choice, co-CEO Jake Wagner said.

Caroline Revard is one of the first home owners in Walsh development, an area of west Fort Worth that developers say will eventually have more than 50,000 residents. McClatchy

The first phase of the project is on 1,700 acres, and within five years an estimated 4,000 to 5,000 people could leave in the area, Wagner said.

In all, the Walsh development will be 7,200 acres, including commercial and retail development. The Aledo district’s Walsh Elementary School is already open in the center of the development, a short walk from a Walsh Village Market that serves as a gas station and convenience store with healthy snacks and ready-made meals.

"In 10 years, this will be a city in itself," said Caroline Revard, one of the first home buyers in the area.

A fitness center is already open as well, with a variety of exercise machines, free weights and an enormous area for Pilates, yoga and cardio workouts.

Nationwide, real estate analysts are predicting one of the weakest spring selling seasons in recent years. It’s a crucial time for the industry, since 40 percent of home sales take place between March and June, according to the National Association of Realtors.

As Fort Worth prepares for an influx of new residents — with today’s population of about 850,000 expected to swell to nearly 1.5 million by 2040 — Walsh is expected to be a bell cow for neighborhoods wishing to lure upper-middle income and wealthy residents.

New homes at Walsh development in Fort Worth, TX, Tuesday, March 27, 2018.

Max Faulkner

Walsh was designed to preserve the rolling hills native to the area, and is organized so that residents have easy walking access to one of three parks.

Also, the entire area is being wired for 2 gigabit Internet speed — faster than surrounding areas — and residents and businesses will have an option to tap into 10 gigabit service. A company known as Frog is installing the fiber optics.

Tony Ruggeri, Co-CEO RPG, holds an laser etching made in the new "MakerSpace" building at the Walsh development in Fort Worth, TX, Tuesday, March 27, 2018.

Max Faulkner

The area, which is in the Aledo school district, will eventually have its own middle and high schools.

Walsh is being built in a cooperative effort that involves the Walsh family, which still lives in the area and owns ranch land, and Republic Property Group. Republic also developed Frisco’s Phillips Creek Ranch and Celina’s Light Farms and is working on Plano’s Villas at Legacy West. The partners formed Quail Valley Land Co. for the Walsh project.

This report includes information from the Star-Telegram archives.

Gordon Dickson: 817-390-7796; @gdickson

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$200K to $2M: How much home can you afford in Plano?

$200K to $2M: How much home can you afford in Plano?

NOTE: This is the second of a series over the next week looking at how much home your money can buy in Collin County.

From a top-tier school district to an expansive food hall to multiple headquarters, Plano is giving homebuyers plenty of reasons to head to Collin County.

The city has long been home to big businesses like J.C. Penney and Frito-Lay, but in recent years it has also attracted the North American headquarters for Toyota, as well as massive corporate offices and regional campuses for companies like Fogo de Chão, FedEx Office, JPMorgan Chase, Liberty Mutual Insurance and Boeing.

That’s thanks largely to the construction of Legacy West, a $3.2 billion mixed-use development on Plano’s west side. Developed by Fehmi Karahan, the 225-acre project is home not only to offices, but hotels, residences and plenty of retail and restaurant options, like a Tesla showroom, a Del Frisco’s Double Eagle Steak House and Shake Shack.

Legacy Hall, North Texas’ first European-style food hall, also opened at the development in December. The three-story, 55,000-square-foot hub features 22 food stalls, half-a-dozen bars and a brewery.

“The experience that our environment offers is second to none, anywhere in Texas. We have the best dining choices for all budgets and tastes, and a broad selection of marquis retailers,” Karahan said in a prepared statement. “Blending these shopping and dining venues with our residential and office tenants makes Legacy West the premier ‘live/work/eat/play/shop’ destination in Texas.”

It’s also helped make Plano a top live/work/play destination in North Texas. Residents are flocking to take advantage of its amenities. Between 2010 and 2015, the city saw a 9.1 percent population spike.

The growing populations is leading to an increase in housing prices. According to Tommy Wooten, realtor associate and team leader with Joe Atkins Realty-North, only two homes in Plano are available for less than $200,000.

And for buyers looking for a something for under $300,000, expect a three-bedroom, two-bathroom home built in 1981. Newer, larger homes are going for higher prices due to demand.

That’s why Wooten is encouraging those interested in moving to Plano to act fast – prices won’t be going down.

“I advise people not to wait for a market crash,” he said. “It’s not happening unless there is some unforeseen international or national crisis.”

See how much home you can buy between $200,000 and $300,000 in the slideshow below. For homes priced above that, click here to see how far your money goes in Plano.

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Or if you’re looking for an ultra-luxury residence, check out this 14,279-square-foot Plano home previously listed for $7 million. Located on Old Gate Road, the property is headed to auction in April. It boasts heated pools, a professional tennis court and more.

RELATED: See how much home your money can buy in Frisco.

RELATED: Selena Gomez puts Fort Worth mansion back on market.

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