Thursday, February 15, 2007
Yahoo moving workers from Deep Ellum to Richardson
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RICHARDSON — In yet another story of the rise and decline of Deep Ellum, the DMN reports that Yahoo is moving its employees to Richardson from their digs in their long-standing Deep Ellum offices.
Photo not provided by Yahoo.
Most recent photo of Deep Ellum.
This, despite an agreement in 2000, where the city of Dallas authorized $1.3 million in tax breaks, if Yahoo would maintain its offices in Deep Ellum. Yahoo agreed to keep at least 1,000 jobs in Deep Ellum for 10 years. The terms were never met, however, and the city says Yahoo never received the incentives.
Deep Ellum in the mid to late 1990s was a hub for the technology industry as well as the music industry, but has suffered on both counts since the dot-com bubble burst.
Posted by Todd M.
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