Despite the ups and downs of the national economy, the Dallas-Fort Worth metroplex expands. I find it hard to believe that at the beginning of the tech boom in the 1990s, our job base totaled 2.6 million versus 3.7 million today. At that time, our telecom corridor was rapidly expanding and Legacy was in its toddler years. Those 1.1 million new jobs fueled the expansion and creation of many business hubs.
One commonality of development across the US is that urban communities have “hot areas” and they have “cold areas.” Hot areas are the new shiny places to reside with new schools, new and exciting retail choices, new and smooth streets and thoughtful concepts mysterious and appealing to the eyes of all who live, work and visit in their midst.… Read More
According to the latest research from JLL, the Dallas-Fort Worth market is seeing historic rents and vacancies with new companies and businesses making their way to North Texas. Over the last five years, businesses have also seen a 30% increase in their rents.
NBC DFW’s Maria Guerrero spoke with JLL Executive Vice President Brooke Armstrong to learn more about what’s driving these changes in the market and how… Read More
Crescent Real Estate Managing Director John Zogg addresses attendees at the official groundbreaking of The Luminary.
Crescent Real Estate and Long Wharf Capital broke ground on the newest addition to Dallas’ historic West End, The Luminary. The 162,710 square foot office property will be the tallest building in… Read More
When companies make a decision to expand or relocate, they start with core criteria that has a business-first listing of requirements. The overall cost of doing business, the ability to find and retain a specific talent or workforce, a facility, available incentives and a distribution system, and somewhere in that criteria rests the term, “Quality of Life.”
The “Quality of Life” component that exists inside… Read More
People are reading headlines every day that many of the retailers they grew up with are closing. That the casual dining area is suffering. There’s an overwhelming fear that retail will never be the same, and, to some extent, that’s true.