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When it comes to attracting large corporate relocations, Fort Worth wants to top the list.
To get there, city leaders and a consultancy are creating an economic development strategic plan — the first-ever plan of its type in the city, Robert Sturns, director of economic development, told the Dallas Business Journal in an interview this morning.
Click to read more at Dallas Business Journal.
As Dallas-Fort Worth becomes a major U.S. hub for e-commerce distributors and logistics warehouses, North Texas developers are building even bigger — and taller — facilities to better accommodate the movement of goods.
That’s because its relatively cheap for developers to build higher rather than acquire more land for a sprawling facility, said Steve Berger, a senior vice president in CBRE’s Dallas office.
Click to read more at Dallas Business Journal.
With 9.6 million square feet of office space under construction in Dallas-Fort Worth, the region is set to continue its growth trajectory as North Texas continues to gain new jobs.
But not all parts of the region are growing at the same pace.
Click to read the rest of this Article at Dallas Business Journal.
With a few big office tenants circling Dallas-Fort Worth looking for a place to land, JLL Managing Director Steve Thelen said Irving’s Las Colinas market is one North Texas submarket that could win a lot of business this year.
Not only is it because Irving has some big blocks of office space for a big tenant, but this part of the region also has the highest concentration of science, technology, engineering and mathematics (STEM) workers.
Click to read more at Dallas Business Journal.
Ross Perot Jr. only has one rendering of a proposed 70+ story office tower and it’s sitting in the headquarters of his new family office, awaiting the perfect tenant.
“We need a client,” Perot, chairman of Hillwood and The Perot Cos., told the Dallas Business Journal.“This is a 1 million-square-foot build-to-suit and is a special purpose project.”
Click to read more at Dallas Business Journal.
Dallas-Plano-Irving is one of the best metro areas for economic growth, according to the 2016 Milken Institute Best-Performing Cities.
The area ranks No. 5 in the country out of 200 large metros examined, the same rank it had last year. The study broke up the DFW metro area, as it ranked Fort Worth-Arlington No. 42 in the country, down 11 spots from last year.
Click to read more at Dallas Business Journal.