Why Is Everyone Investing in Texas?

314 corporate headquarters moved to Texas between 2015 and 2024. Nearly half chose Dallas-Fort Worth, where Goldman Sachs is building a campus for more than 5,000 people. Who gets paid when that many businesses move in? Office rents help explain the appeal: around $34 a square foot in Dallas-Fort Worth, compared with $78 in Manhattan. Samsung's expansion plans in Central Texas exceed $37 billion, while Texas Instruments plans to invest up to $40 billion in Sherman. In this episode, Niko Ludwig looks at why investors are putting so much money into Texas and who has already profited. We follow the investment into data centers and semiconductor factories, along with the businesses serving the people moving there. We also examine the costs investors have to account for now, including grid connection delays, higher housing costs and property taxes. Subscribe for more stories about where capital is going and the people behind it. Produced by Collateral Partners: https://www.collateral.com?utm_source... Presented by Niko Ludwig:   / niko-ludwig-190706150   CHAPTERS 0:00 314 headquarters moved to Texas 3:03 The four cities driving the Texas economy 5:05 $34 rent in Dallas vs $78 in Manhattan 5:29 Why Dallas finance jobs grew 23.2% 8:39 Data centers and a 410 GW power queue 9:12 Housing costs and Winter Storm Uri 13:05 Musk's Texas investments and the $15B CyrusOne deal 14:42 What investors have to underwrite now SOURCES Texas Comptroller; Office of the Texas Governor, 57 Fortune 500 headquarters Goldman Sachs, Dallas campus at NorthEnd; City of Dallas, Morgan Stanley proposed hub U.S. Census Bureau, Vintage 2025 population estimates NYSE Texas; Nasdaq, Dallas regional headquarters announcement; Texas Stock Exchange, July 2026 trading launch Federal Reserve Bank of Dallas, Dallas Economic Indicators, July 2026 Colliers, DFW and Manhattan office market reports, Q2 2026 CBRE, Global Data Center Trends 2026 ERCOT, Large Load Update, April 2026; ERCOT, Batch Zero approval, June 2026 Tax Foundation, 2026 Texas tax rates; Texas Real Estate Research Center, Housing Winter 2026 FERC, Winter Storm Uri reliability standards; Texas DSHS, February 2021 Winter Storm Mortality Report Hillwood, AllianceTexas 2026 economic impact; MSD Capital, Knox District acquisition; Trammell Crow Company, Knox Street development City of Austin and Office of the Texas Governor, Tesla Gigafactory Texas Forbes archive, Trammell Crow, 1971 #TexasEconomy #FinanceDocumentary #Investing