Irving enjoys record year for economic growth

During a Jan. 24 speech before the Irving-Las Colinas Chamber of Commerce, Mayor Beth Van Duyne reported that Irving was ripe to become “the economic epicenter of the North Texas region.”

Irving was named the No. 1 U.S. city for entrepreneurial activity by the Kauffman Foundation.   File photo

During a Jan. 24 speech before the Irving-Las Colinas Chamber of Commerce, Mayor Beth Van Duyne reported that Irving was ripe to become “the economic epicenter of the North Texas region.”

“People keep calling and asking, ‘Have you had the baby yet?’,” Van Duyne said, referring to her 2011 campaign promise for an economic boom. “We’re about ready to have triplets. If you think about all of the cranes you see in the urban center and what it’s going to look like a year from now, two years from now, it is amazing.”

The numbers support her claims. Last year saw the highest level of construction in three decades at $819 million. Add to that a 3.2 percent unemployment rate and an average new home price of $400,000 (nearly 700 permits were issued last year), and the boom becomes evident.

“We are all here tonight because we’re invested in our city," Van Duyne said in a news release. "We are all engaged as change-makers and idea generators. We want to make Irving stronger and we are clearly fulfilling that mission.”

Also at the Chamber meeting, it was announced that Irving was named the No. 1 U.S. city for entrepreneurial activity by the Kauffman Foundation.

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