Lavon, Texas: Crossroads of Opportunity Page: 4
70 p. : col. ill., map ; 28 cm.View a full description of this report.
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II. Development of Other Small Cities in the Dallas-Fort Worth Area
Since 2000, Dallas-Fort Worth has been the fastest growing major metropolitan area in
the nation, adding 1.16 million new residents. The lion's share of growth has occurred in the
northern suburbs of our region, and that growth pattern is projected to continue for some time.
However, significant growth is also occurring on the east side of the metroplex. Many small
communities have implemented various strategies to capture a portion of this growth. Based on
population, location, amenities, and industrial mix, we selected three communities similar to
Lavon - Hickory Creek, Argyle, and Melissa - and examined their approach to development.
Each community's response to a brief questionnaire provided a deeper understanding of
economic development strategies, processes, and plans.
Hickory Creek
Incorporated in 1963, Hickory Creek is located in Denton County and has a population of
3,750. The town has seized many economic development opportunities and continues to provide
additional services for its rapidly growing population. Population growth along IH-35E and the
recently completed Lewisville toll bridge has increased traffic and economic activity along this
corridor. The community now boasts a Rave movie theater, Wal-Mart, McDonalds, and Papa
John's, and the city has developed the Cornelius Town Center, which provides additional retail
opportunities.
Hickory Creek performs economic development activities through an Economic
Development Corporation (EDC). Operating on an annual budget of $400,000, the EDC
coordinates recruitment and development activity with the town government. When asked about
the town's economic development policy or strategy, the EDC explained that they work with the
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University of North Texas. Center for Economic Development and Research. Lavon, Texas: Crossroads of Opportunity, report, April 2010; (https://digital.library.unt.edu/ark:/67531/metadc32971/m1/6/: accessed April 19, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Center for Economic Development and Research.