D Magazine - Commercial Real Estate | February 24, 2017 | by Peggy Daly - An uptick in the North Texas job market has led to a population boom in the DFW area, perhaps surprisingly including in-town multifamily housing developments. This article discusses how the appeal of "walkable, urban environments" and the growing trend of "reverse commuting" has contributed to the increase in popularity for in-town multifamily living.
Crazy number of people are moving to Texas shows new report
CultureMap Dallas - Real Estate | January 5, 2017 | by Arden Ward - A new report from Texas Association of Realtors shows that Texas ranks as 2nd in the country to relocation activity in 2015, due to many job opportunities and a good quality of life. The report also shows that of the metro areas in the state, the DFW area experienced the most new out-so-state residents.
New office tower, hotel and hundreds of apartments on the way at $1.5 billion CityLine
Dallas Morning News - Business | December 2, 2016 | by Steve Brown - "For the last few years, the $1.5 billion CityLine project has been one of the biggest building projects in the country. Just because State Farm Insurance's centerpiece office campus is finished, that doesn't mean the work at CityLine is slowing down..."
Dallas is Where the Jobs Are
BloombergView | November 21, 2016 | Justin Fox - "In the early days of the current economic expansion, Texas led the way. That stopped being true a couple of years ago...But the state is still creating jobs -- and it's creating most of them in its biggest metropolitan area, Dallas-Fort Worth...There are only four states (California, Texas, Florida and New York) that have added more jobs since February 2010 than metro Dallas's 661,000. Dallas has also added jobs at a faster pace than any of the nation's other 15 largest metropolitan areas (the Dallas area is the fourth largest, with an estimated 7.1 million people as of July 1, 2015)."
Tarrant County One Step Closer to TEX Rail
Bisnow – Dallas-Ft. Worth Real Estate News | August 24, 2016 | by Julia Branch - "Tarrant County has broken ground on another way to get to DFW Airport. The 27-mile TEX Rail will use existing freight tracks from Downtown Fort Worth, head northeast to North Richland Hills and Grapevine, and then into the north entrance of the airport. The $1B rail will connect with Trinity Railway Express, Amtrak, and the Fort Worth Transportation Authority's (The T) Downtown bus transfer center at the Downtown Fort Worth Intermodal Transportation Center and T&P Station..."
Studies Show Dallas Apartment Growth Second Highest in Nation
Dallas Business Journal - Industry News | August 18, 2016 | by Paul Wedding - "Approximately 320,000 new apartment units are expected to hit the housing market this year, and more than 7 percent of those units are going to pop up in the Dallas metroplex...Dallas is even beating out New York and Los Angeles in terms of apartment growth, who have a projected increase of 21,177 and 20,205 apartment units, respectively..."
Denton County Inks $199M Contract with U.K. Rail Operator First Transit
Dallas Business Journal - Industry News | July 20, 2016 | by Bill Hethcock - "Exciting news for Denton County; this contract with First Transit promises to increase the flow of travel between Denton and Dallas counties, and could lead to greater interconnectivity between DFW and the Lewisville/Denton community..."
Bisnow Special Report: Industry Titans On What Brexit Means for US Real Estate
Bisnow – National Real Estate News | June 24, 2016 | by Martin Drake - SPI Note about Article: Much like all of the articles we have been reading about Brexit, the predictions in this article are very mixed regarding how industry leaders believe the UK’s decision will impact US commercial real estate.
Plano’s $400M Legacy West Urban Village is Past the Halfway Construction Point
Dallas Morning News - Business | May 19, 2016 | by Steve Brown - "The Legacy West Urban Village in Plano is a busy place...By late 2017, thousands of workers for Toyota, Liberty Mutual Insurance and JPMorgan Chase will be knocking at the door to eat in the urban village’s restaurants and shop. Eateries and retail in the more than $400 million Legacy West Urban Village will begin opening by late this year..."
Five of the Most Massive Legacy Developments
Bisnow - Dallas-Ft Worth | April 18, 2016 | by Catherine Meredith - "The Legacy submarket in Plano is turning out to be a place where giants grow. Big companies become bigger. The square footage and money invested is eye-popping...Perhaps the biggest name in Legacy is Toyota. Its arrival in Plano left no doubt that it was shaping up to be a top-flight city. Toyota’s brand name at Legacy spurred a slew of new tenants and builders eager to be a part of the city’s burgeoning reputation for good business..."