Why New Yorkers are happily relocating to this fast-growing Texas suburb: I never think about moving back

A 28-year-old New Yorker ditched the five boroughs for a booming Texas suburb — and says he’s “never” moving back as a flood of workers and companies head south in search of cheaper living and better opportunities.Akash Khanna, a commercial real estate agent, relocated to Frisco, Texas shortly after the pandemic — a move he made after years of bouncing between Jersey City, Wall Street, Brooklyn and Queens.“I never think about moving back there, ever,” Khanna said, describing New York as a “high-paced” metropolis that no longer fit his long-term goals.Instead, he found what he calls the “best of both worlds” — a mix of city and suburban life — in a fast-growing North Texas hub that’s aggressively luring both talent and corporations.Located about 25 miles north of Dallas, Frisco has exploded from a sleepy farming town of 6,000 in the early 1990s into a city of roughly 245,000 today, fueled by a steady influx of newcomers.“It has been fastest growing city in the nation for a decade,” said Gloria Salinas, senior vice president and chief growth officer for the Frisco Economic Development Corporation.Corporate giants including TIAA, Toyota Financial Services, SoFi, Uber Freight and the PGA of America have already established major operations in Frisco, while the Dallas Cowboys relocated their headquarters and practice facility to the suburb.The city says it currently has about 25 companies actively considering relocation or expansion projects there, including 11 potential headquarters operations that could bring more than 15,000 jobs and roughly 3.1 million square feet of office demand.The city now has more than 70 schools and is building out a massive commercial corridor that officials expect will add roughly 15 million square feet of office space over the next 15 years.That expansion is aimed squarely at finance, technology and professional services firms increasingly relocating operations from higher-cost coastal markets.Within a 30-minu...

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Publisher: New York Post

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