businessReal Estate

Irving tech firm employer could receive state incentives

NEC Corp. could be nominated for Texas Enterprise Zone funds.

An Irving employer may be getting state aid to expand and improve its Las Colinas offices.

NEC Corp. of America has had its U.S. headquarters in the Royal Ridge office complex at 3929 W. John Carpenter Freeway in Irving since 2015.

Irving City Council will consider a resolution this week to nominate NEC’s operation as a qualified business to receive support from the Texas Enterprise Zone Act.

The state program provides economic incentives to companies that add or retain jobs.

NEC would be eligible for incentives to help fund business facility improvements and information technology upgrades at its offices at 3929 W. John Carpenter Freeway and 1213 N. 28th Avenue in Irving — “including the retention of 303 existing employees and the hiring of an additional 12 new employees,” according to the proposed Irving resolution. “Should NEC Corporation of America be selected for the Enterprise Project designation, they will receive a state sales tax reimbursement (state portion) that will be reinvested in the Irving facility.”

NEC says it will invest approximately $5.13 million over the next five years in the Irving facilities.

NEC moved into 119,611 square feet of space in the Royal Ridge V building before its previous location at State Highway 114 and Bush Turnpike became the headquarters of McKesson Corp.

Steve Brown, Real Estate Editor. Steve covers commercial and residential real estate in Dallas-Fort Worth.

stevebrown@dallasnews.com @SteveBrownDMN
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