News Flash

Posted on: October 29, 2020

$3 million awarded to Allen small businesses

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The Small Business Grant Program facilitated by Allen Economic Development Corporation through CARES Act funding provided much needed relief to the Allen business community.  The program distributed funds to 141 businesses, with an average grant ...

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Economic Development
Posted on: October 29, 2020

The Farm in Allen is coming soon

Allen Economic Development Corporation logo

JaRyCo, an Allen-based developer, received zoning approval on their new mixed-use development. The Farm in Allen is a 135-acre project that will include over 1.6 million SF of office; 142,000 SF of retail; a 150-key hotel; 60,000 SF of restaurants, as wel...

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Learn more about The Farm. Economic Development
Posted on: October 29, 2020

New & expanding businesses in Allen

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Perdure Petroleum has relocated its headquarters to Allen and expanded its current office space.  The company has oil and gas operations in Texas and Oklahoma and specialize in buying under-producing wells and using CO2 technology to improve prod...

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Economic Development
Posted on: October 29, 2020

Where is Allen's workforce growth coming from? Finance and tech jobs

Allen Economic Development Corporation logo

A recent article in Dallas Innovates named the DFW region as a leading center for technology, financial services and professional services.  It boasts the seventh-largest concentration of tech jobs in the U.S. with approximately 3,000 technology ...

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Economic Development