Fri, 03/23/2018 - 09:05
Orthofix Inc., the Lewisville-based global medical device company, has acquired Spinal Kinetics in a deal valued at $105 million.
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Seven years after its inception, the Denton County Transportation Authority’s A-train has proven it has a multitude of economic benefits to its member cities—Lewisville, Highland Village and Denton, according to case study results by consulting firm The Antero Group.
The A-train, which is funded from a one-half percent sales tax from its member cities, is a 21-mile rail system connecting Denton to Lewisville. DCTA has five stations—three in Lewisville and two in Denton.
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Lewisville has attracted national companies, such as Xerox, Bed, Bath and Beyond, and most recently, global cosmetics company Mary Kay Inc.’s $100 million manufacturing, research and development facility.
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Until five years ago Old Town Lewisville sat as an aging downtown suffering from a population shift to the west and a lack of entertainment and public amenities.
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For several years now, small downtowns have been vanishing from the U.S. Termed “The Wal-Mart Effect” as far back as the mid-’90s, consolidated grocery stores have moved commerce toward the highways and away from rural and suburban downtown areas, which thrive on foot traffic.
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The City of Lewisville has launched a new online dashboard system that allows Lewisville residents, City leaders, and anyone interested to track how the City performs in various service areas.
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North Central Texas Council of Governments 2017 CLIDE Award Recipient
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