Dallas-based Topgolf will place a new venue in Waco that features a one-story complex filled with climate-controlled hitting bays, its signature ball-tracing games, food service, and yard games to create a “backyard” feel, Topgolf officials announced Wednesday. Waco’s Topgolf should open by fall this year near New Road and Interstate 35, between the Harley Davidson dealership and Central Texas Marketplace. Plano-based Cinemark has announced it will place there a 14-screen theater as part of NewQuest Properties’ Cottonwood Creek Market development. Topgolf has become a popular attraction in larger metropolitan areas, offering high-tech driving ranges, seat-side food and drink service, big-screen TVs and electronic scoring spread over the towering, three-story venues. It has almost 60 locations across the United States and abroad, attracting 20 million guests annually, according to Wednesday’s press release announcing the company’s plans in Waco. Click to read more at www.wacotrib.com.

Dallas-Fort Worth held the top job growth market in the U.S. in 2019, with an employment gain of more than 120,000 jobs during the year ending in November, the commercial real estate firm CBRE reports. Dallas-Fort Worth office growth topped all other cities in the U.S. in 2019, CBRE’s most recently published forecast notes. Last year, expanding and relocating office tenants net-leased about 3.5 million square feet of office space – one of the best totals in a decade, according to the report. “U.S. office-using employment is widely expected to grow again in 2020, albeit at a slower pace than in 2019,” the report found. It notes that global centers of technology in San Francisco, business-friendly Texas, and high-growth southeast metros are “expected to be the top markets for office-using jobs growth in 2020.” Office jobs in the Dallas area grew 5.7 percent in 2019 – more than that of San Francisco’s and Seattle’s, CBRE found. The Dallas area continues to look strong through 2020 with forecast growth of 2.1 percent. The “Big D” also outpaced Houston and Charlotte, N.C., two other fast-growing economies, in year-over-year office job gains, the report found. Click to read more at www.thecentersquare.com.

AllianceTexas, the 26,000-acre master-planned, mixed-use community in north Fort Worth, continues to be one of the region’s most substantial economic engines with approximately $83.74 billion generated in regional economic impact and nearly $2.53 billion in total taxes paid to local public entities. According to the annual Insight Research Corporation report, more than $7.31 billion of the development’s economic impact was generated in 2019 alone, AllianceTexas said in a news relapse. advertisement
AllianceTexas is home to 525 companies, which have built more than 50 million square feet, transforming the North Texas economy and connecting the area to global industry. Widely considered one of the most successful public-private partnership endeavors in the nation, total investment at AllianceTexas surpassed $10.5 billion in 2019, with $9.7 billion coming from the private sector. Public investment totaling more than $782 million has been invested in the project to date, representing a 12-to-1 private-to-public-dollar investment multiple, the news release said. Click to read more at www.fortworthbusiness.com.