Focusing on Colleyville, Grapevine, Keller, Southlake, Trophy Club and Westlake

Spotlight on Colleyville

Colleyville is the fourth largest of the six communities with a 2006 population of, or 21,700, or 16 percent of this six community market.

Between Jan. 2003 and Dec. 2005, Colleyville permitted $48 million worth of new commercial space. Of the 46 new buildings permitted, 30 were for office use.

Colleyville made Money Magazines’s August 2005 list of the 100 Best Towns in America.

2005 median household income of $124,675

In 2005, the average new residential building permit was $462,775, excluding land

Over 50 restaurants operate in Colleyville.

Residents are served by one of four different school districts: Grapevine-Colleyville, Birdville, HEB or Keller.

Gift Card Statistics
The growth of gift cards in the U.S. has grown significantly from their introduction in the mid 1990s. Here’s what various organizations tell us about the use of gift cards.

1. Two-thirds of all consumers have purchased at least one gift card.
2. Fifty-five percent of gift card recipients need more than one trip to deplete the value of their card.
3. The average recipient spends 20 percent more than their card’s initial value.
4. In 2004, the average value of gift cards was $59.
5. In 2005, consumers spent at least $35.3 billion on gift cards.
6. Two-thirds of adults who like to receive them enjoy receiving them throughout the year.
7. Eighty-one percent of consumers purchase gift cards for birthdays versus 67 percent for holidays.
8. When retailers switch from paper gift certificates to gift cards, they sell anywhere from fifty to one hundred percent more.

(Sources: American Greetings, epaynews.com, Green Sheet Quarterly, National Retail Federation)