Dallas City Council approves $18 million incentive package for Morgan Stanley
The Dallas City Council unanimously approved more than $18 million in tax incentives to attract Morgan Stanley to build a new U.S. operations hub in Dallas, likely on McKinney Avenue, just north of downtown. Mayor Eric Johnson said the project could bring up to 4,800 jobs and welcomed the firm’s growing engagement with the city’s financial‑services sector. The deal is not yet finalized.