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CEDAR HILL: Starting a business, finding a new home

Chicago transplant likes comfort, easy living D-FW will provide his family

09:04 PM CDT on Saturday, June 25, 2005

By JENNIFER LaFLEUR / The Dallas Morning News

Some Dallas-Fort Worth transplants come on a company transfer. Others move here to be closer to family.

But Paul Jones specifically picked the D-FW area as the place to plant his new brokerage company when he moved here in April from Chicago.

He said the area has better weather and a lower cost of living, and is a good place to raise a family. His wife, Vanessa, and 5-month-old daughter, Iara, will join him this summer.

Mr. Jones, 28, had flexibility in choosing a place to live because he could operate his new company from any location.

A New Face of Affluence

The Dallas Morning News spent several months examining the dynamics of affluent black households in the Dallas-Fort Worth metropolitan region. The News analyzed U.S. census data from 1990 to 2000, comparing the growth in upper-income black households locally and nationally. Reporters interviewed families, demographers, economists and educators, as well as civic, business and religious leaders about the status of black residents in the region.

Black Professionals: A new face of affluence

After more than three years working in the financial services industry, he joined with a colleague in China to start the business, which helps U.S. firms find manufacturers in that nation.

Leaving a job where he was making "well over six figures" was risky, but the timing was right, Mr. Jones said. "Having a daughter made me say, 'If I'm going to do it, I have to do it now.' "

So far, he likes Dallas and is living with friends in Cedar Hill while he looks for locations for his company and home.

He expects he'll rent in Dallas to start out and then buy a home in the suburbs in a year or two.

"I want my wife to have some time to figure out where she wants us to buy a house," he said.

Mr. Jones, who has lived in London, China, Brazil and Chicago, said Cedar Hill was a bit of a culture shock.

"You have to drive everywhere," he said. "Living in downtown Chicago, I would park my car on the weekend and not drive again until Monday."

But the Dallas area has its pluses.

"It's very comfortable and easy living," he said. "And traffic isn't bad."

He also thinks the metropolitan area offers opportunities for young black professionals.

"There are not as many blacks as Chicago or Atlanta, but I do think there are more moving here," Mr. Jones said. "And it's easier to find opportunities within a smaller network."

E-mail jlafleur@dallasnews.com

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