The Prosper Economic Development Corporation (PEDC) is a Texas Type 4A corporation funded by a half-cent of the Town of Prosper’s sales tax collection. In 1994, the residents of Prosper voted to approve the half-cent of sales tax be used to fund the PEDC and the corporation was created. It is governed by a seven-member board of directors appointed by the Prosper Town Council.

Prosper is 35 miles due north of downtown Dallas and has a land area of approximately 27 square miles located along US 380 in both Collin and Denton Counties. Prosper has the geographic advantage of being the next stop of the booming Golden Corridor along Preston Road (SH 289) and the Dallas North Tollway that stretches from North Dallas through Plano and Frisco and now to Prosper.

Our close partners are the Town of Prosper, Prosper Chamber of Commerce, developers, our business community and Prosper ISD.