The Five Most Rapidly Growing Industries in The Colony, Texas

The Colony Top Industries

Your home should offer the perfect respite at the end of a long day. That’s why at Taylor Morrison we’re committed to providing beautiful, desirable communities that you’ll want to call your home.

We also know that while there is a lot that goes into choosing the perfect home, that proximity to satisfying and rewarding employment is a must for homeowners today.

This is why we feel that Waterford Point, located within Tribute of The Colony, TX., is the perfect location for those looking to find their forever home and dream career at the same time.

North Texas is one of the fastest growing regions of the country, with future job growth over the next decade predicted to exceed 42%. It’s no wonder that The Colony, TX. is attracting so many new young families and professionals.

While Waterford Point, with exclusive access to Lake Lewisville, offers an oasis away from the hustle and bustle, many major corporations are calling northern Texas their home and bringing with them incredible employment opportunities and growth in several industries.

If you’ve been considering a home at Waterford Point, but are interested in knowing more about the employment outlook, let us introduce you to one of the fastest growing local economies in Texas.

A 10 Minute Commute to Legacy Business Park

Waterford Point is within close proximity to Legacy Business Park, located in Plano, TX. It only takes a short 10-minute commute to reach Legacy, which serves as the North American quarters to several major corporations.

Corporate offices found in the complex include:

  • Toyota
  • FedEx
  • Liberty Mutual Insurance
  • JP Morgan Chase
  • Numerous others

While these major corporations are providing great employment opportunities for residents in the surrounding areas, their presence in the Legacy Business Park is also inducing a wider economic ripple effect that has spread into other industries such as construction, engineering, legal services and sales.

If you’re considering calling Waterford Point your new home, here are the 5 most rapidly growing industries that are behind the strong economic growth potential of the area.

Software Development and Systems Software Jobs

According to the Bureau of Labor Statistics, the software development industry is expected to grow 24% by the year 2026. This rate of growth is faster than the average of all other occupations, and The Colony is a premier location for those seeking a career in this exciting industry.

Corporations within close proximity of Waterford Point, such as Boeing, offer entry-level software positions with a starting pay that closely matches, or exceeds, the median household income of the area.

The success of JP Morgan Chase, Bank of America and the growing corporate presence in nearby Plano mean that we can expect an increase in high-level software development and systems software careers in the near future.

Construction – Chief Executives and Legislators

As more people are realizing all there is to love about The Colony, and the northern Texas region, there has been a rapidly increasing need for additional residential and commercial structures.

Currently, you don’t need to look very far to find employment in the construction field. We love that the area is expanding, and at Taylor Morrison we are excited to watch how the transformation makes The Colony an even more exciting place to live while still maintaining the serene, natural beauty that our homeowners have come to cherish.

It isn’t just the careers on the front lines of construction that are growing near Waterford Point, but also opportunities for chief executives and legislators in the industry.

Chief executors and legislators that specialize in the field of construction have one more reason to consider a new home in The Colony – jobs in this field have a higher rate of pay in Texas than elsewhere in the country.

Architecture and Engineering Jobs

We’ve already mentioned the ongoing growth and potential for the construction industry, but none of it would happen without the brilliant minds of the architecture and engineering industries.

Architectural and engineering managers use their knowledge and skills to oversee, direct and coordinate many activities from conceptual design all the way through execution, quality assurance, and structural maintenance.

As northern Texas becomes an epicenter of business headquarters for some of the largest corporations in North America, skilled and progressive thinking individuals in the field of architecture and engineering are going to be some of the most sought-after talent in the region.

Law/Legal Careers

A few years ago, there were rumors going around that the prestigious law schools in Texas were producing more top-level graduates than they could employ.

Fortunately for those in all areas of the legal field, this is no longer true – especially the areas surrounding our Waterford Community.

The main reason that the legal career outlook is so promising in the area can be summed up in one word – growth. Large companies and major corporations need highly skilled legal teams on site.

The corporate boom in nearby Plano and surrounding areas has generated increased opportunities in this field.

Careers in Education

With an educational system that earns an A+ rating, it’s really no wonder that families are choosing The Colony, TX as the place they want to call home.

As more families are moving into beautiful communities, like the one found at Waterford Point, word is rapidly spreading about the how the environment is perfect for raising a family.

Since great communities depend on great educators, this has become one of the best locations for those in the educational field. As families become established and their children grow, there’s going to be an increased need for high school teachers and administrators.

Currently, employment opportunities exist in all levels of education in the Lewisville ISD, from part time teaching assistants and special education teachers to administrative level openings

The Place to Live Out the Life You’ve Envisioned

Waterford Point is a quiet, serene community that’s located within a short commute of your dream career.

With Plano, Frisco and Lewisville close by, it’s quite possible that the perfect job is no more than a few minutes away from the new home you’re going to fall in love with.

Our properties offer resort style luxury with easy access to endless opportunities for work and play.

Contact us at Taylor Morrison and let us introduce you to your new life of luxury in Waterford Point.

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