Technology Industry

Denison, Texas - On Top of Texas Technology

Denison is strategically positioned to be a leader in the North Texas technology industry with available properties and infrastructure ready to accommodate tech suppliers and tech development. DDA’s goal is to create a highly productive ecosystem for semiconductor manufacturing – everything from production, packaging, supply chains, materials, marketing and product development. Denison is in an ideal position to support that goal!

The Sherman-Denison MSA is Technology's Future

Denison is optimally located along US-75 and directly linked with Sherman, Texas. The Sherman-Denison Metropolitan Statistical Area (MSA) holds the key to the future success of technology manufacturing through its available sites, business-friendly atmosphere, and educated workforce. With the construction of two semiconductor plants, Texas Instruments and Global Wafers, Denison is ready to support the demand for tech suppliers and their needs.

Industry Inundates the Sherman-Denison Metropolitan Area

Multiple manufacturing and technology industries have made their way to the Sherman-Denison MSA. Denison is ready and capable to fulfill future tech development. The following articles are representative examples of the businesses and industry successfully making their way to the Sherman-Denison MSA.

Denison Targets Specific Industries for Growth

With the anticipated growth in the domestic semiconductor industry—especially with TI and GlobiTech in Sherman—the Denison Development Alliance is focusing its North Texas Logistics Park to attract companies with the following NAICS codes, specifically in support of fabrication, while exploring other opportunities:

NAICS 333242 - Semiconductor Machinery Manufacturing
Packaging equipment and materials are in this NAICS
NAICS 334515 - Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals
Companies where fabricated products would undergo testing prior to shipping.
Companies that manufacture testing equipment.
NAICS 334413 - Semiconductor & Related Device Manufacturing
Most of the wafer fabrication process.
Assembly, Testing and Packaging services.
NAICS 811219 - Other Electronic and Precision Equipment Repair and Maintenance
Repair of equipment used in the fabrication process.

Contact the DDA today if your business falls into one of these categories!

Industrial Market

Denison has everything a growing company is looking for with a fully developed, shovel-ready site in our industrial park, and many other parcels that offer various attractive features.

Beyond that, our competitive advantage is the fact manufacturing and distribution have been highly valued and have been critical industries in our region for decades. Numerous successful, local companies are evidence this sector of our economy is still going strong.

When any industry chooses a new location they want to know the community they choose will be pro-business and responsive to their needs over the long term. We would be glad to provide contacts for every industry/major employer in our city and urge your client to contact them for information on what they think about doing business in Denison.

Accessibility

Denison enjoys multiple driving access points. On the west via Hwy 289, FM 1417 and U.S. Hwy 75. On the east via U.S. 69/75. On the north via State Highway 91, FM 84 and FM 120, and on the south by FM 691. Hwy 82 is just another 3 miles farther south.

The Industrial Park fronts State Highway 91 and provides direct access to U.S. Highway 75, a four lane, divided highway less than a mile from the Park. It is the busiest north/south trucking route in Texas. 

Within 1 ½ hour drive of Dallas Fort Worth International Airport, Denison is located 72 miles from Love Field in Dallas and 82 miles from DFW International Airport.  The North Texas Regional Airport-Perrin Field is located 8 miles from the city. 

Industrial Park

Our industrial park sites include 20 to 40 buildable contiguous acres of land for manufacturing and distribution operations. All utilities are in place.

Current tenants include:

  • Florestone Products - maker of compression molded shower pans – 35 employees
  • Spectrum Brands/Kwikset - a leading maker of door closure parts - 220+ employees

Available Land and Buildings

Take a look at many of the available buildings and/or land offerings in our area. The amenities range from spacious land to smaller acreage lots, and the existing buildings offer plenty of unique features that fit a variety of needs for the industrial market.

Retail Market

Attention Developers and Prospects

Denison is seeking commercial developers and retail & restaurant prospects for underserved gaps in the area. Current occupancy is very high. New lease space is urgently needed for retail, restaurants, and professional services.

Denison: A Leader in the Texoma Region

The City of Denison (population of 26,748) is a primary city in the Sherman-Denison MSA (population of 131,140).

Denison’s robust Primary Retail Trade Area includes:

Denison’s Primary Trade Area Population exceeds 220,000.

  • $106,117,832 Total Current Leakage in Denison 10-Minute Drive Time
  • $31,037,391 Non-stores Retailers
  • $14,716,549 Clothing & Clothing Accessories Stores
  • $14,637,855 Home Centers
  • $14,165,272 General Merchandise Stores
  • $13,921,040 Gasoline Stations
  • $6,726,839 Grocery Stores
  • $6,461,316 Jewelry, Luggage, Leather Goods Stores
  • $4,451,570 Lawn/Garden Equipment/Supplies Stores

According to Retail Attractions, LLC: 10, 15, 30 Min. Denison Drive Time Report (PDF)

Housing Starts

Building at a Record Pace

Medical Services

Expanding at a Record Pace

Retail Occupancy

Near 100%

Industrial Occupancy

Near 100%

Retail, Restaurant, and Professional

Denison has limited commercial lease space available for retail, restaurant and professional prospects! TxDOT Traffic Counts (PDF) for the Highway 75 corridor in Denison are 60,000. Record-level residential construction activity along with impressive growth and development at Texoma Medical Center is driving demand for retail, restaurant, and professional office space. Denison stakeholders have vigorously invested over $400,000,000 since 2009 (PDF) and the return on investment has been tremendous. New housing starts and multi-family development are reflections of this investment in Denison. We need retail & restaurant development to catch up!

Downtown Denison Redevelopment

(Denison Main Street District) Over 500 properties make up Denison’s Historic Downtown District. Numerous new businesses, restaurants (like Rustico Restaurant, Best Burger Barn, The Railyard with the Green Growler), and Ivanhoe Ale Works brewery. See the Denison Live website for business listings and events like the Music on Main Summer Concert Series. Loft development is continuing an exciting downtown redevelopment trend with 51 lofts now downtown.Denison Development Foundation is currently offering a 15% Matching Incentive (Destination Creation Grant) for destination developments including restaurants, breweries, distilleries, wineries, and/or tasting rooms in the Downtown Denison Entertainment District. Ivanhoe Ale Works, Rustico restaurant and The Railyard/TRYincubator food court are the first Destination Incentive recipients.

Denison created Tax-Increment Reinvestment Zone #3 (The Downtown TIRZ) in December 2016 to fund an aggressive redevelopment effort. Check out Vision 2020 (PDF) to see some of the exciting projects ahead including the Designing Downtown Denison “D3 Streetscape” that has begun on the easternmost 3 blocks. Before/After examples below:

Let's get started on bringing your company to Denison

We look forward to hearing from you. Please call our office at 903-464-0883 or send us a message through our contact page: denisontx.org/contact-dda

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