Wells Fargo bank will receive $30 million from Irving’s city council as financial support to build an office campus according to a Dallas Morning News article. They say,
“Irving’s city council agreed to give California-based banking giant Wells Fargo more than $30 million in financial support to build a huge regional office campus in Las Colinas.
Approval of economic incentives for the $200 million development passed the council with no discussion and near unanimous support.”
The office campus is expected to house thousands of workers according to a The Dallas Morning News article which reports,
“The Irving City Council will vote Thursday on millions of dollars in economic incentives to support the huge campus that’s expected to house 4,000 workers.
The Wells Fargo campus site is near Irving’s Toyota Music Factory, the Westin Hotel and the Irving Convention Center.
The new offices will be connected to a planned mixed-use development that will include between 340 and 400 apartments, plus restaurant and retail space.”
The Wells Fargo office will be one of the biggest employment centers in North Texas. The office area could double in size with a future phase of construction.