Fastest Growing City in Texas to Pursue Commercial Development

Dallas, TX, June 13, 2011…Located just 29 miles east of Downtown Dallas, the City of Fate was the fastest growing city in Texas in 2010 with a population increase of 1,179 percent. City leaders are capitalizing on this distinction with an aggressive strategy to attract new businesses to the community.

The Fate Development Corporation has partnered with The Retail Coach, a national retail recruitment and development consulting firm, to identify and pursue the community’s economic development opportunities.

“We are very excited about working with The Retail Coach firm to bring quality commercial development to the City of Fate,” said Mayor Bill Broderick. “We are prepared to offer assistance as well as incentives to companies ready to relocate or build new horizons.”

“The 2010 National Census data identified the City of Fate as the fastest growing city in the state of Texas for the past decade,” added Mayor Broderick. “Our city also boasts one of the lowest tax rates in the area at .24690. We are in a very good position to develop partnerships that promote job opportunities and community improvement.”

According to the census data, Fate’s explosive population growth went from 497 residents in 2000 to more than 6,300 in 2010. Residents benefit from a convenient location between the two main thoroughfares of Interstate 30 on the south and State Highway 66 to the north. Union Pacific Railroad maintains a freight line through the city, and private rail spurs are available to commercial customers.

“Fate also offers the advantage of being a part of Rockwall County, which has been recognized as the fastest growing county in Texas with a population of nearly 80,000,” said C. Kelly Cofer, president and CEO of The Retail Coach. “This is very attractive to retailers, restaurants and businesses, and we look forward to helping the community achieve its development goals.”

As a premier national retail recruitment and development consulting firm, The Retail Coach has assisted local governments, chambers of commerce and economic development organizations in more than 50 Texas communities as well as cities throughout the United States during the past 10 years.

“The Retail Coach has an inherent understanding of our potential and is leveraging our ability to achieve results that will improve the quality of life of Fate residents and expand our tax base,” said Mayor Broderick.

For more information about the Fate Development Corporation, contact vmikel@cityoffate.com or 972-771-4601.
For more information about The Retail Coach, visit www.theretailcoach.net or contact Mr. Cofer at 662-844-2155 or ckcofer@theretailcoach.net.

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