"The new owners of a Dallas rental community on Mockingbird Lane plan to restore one of its most iconic features. Dallas-based Strategic Property Investment Advisory just bought the 449-unit 5 Mockingbird Apartments near U.S. Highway 75..."
"The Texas Alcoholic Beverage Commission approved rules Aug. 25 intended to make it easier for bars to legally operate as restaurants during the Covid-19 pandemic. The state agency greatly expanded rules that had already offered a limited lifeline for some bars to temporarily reclassify themselves and generate a sliver of sales during the coronavirus crisis. The goal is to provide more ways for businesses to qualify as restaurants under Gov. Greg Abbott's executive order GA-28, which prohibits bars from reopening but allows restaurants to remain open at 50% capacity."
Gov. Greg Abbott halts elective surgeries in big metros, pauses further reopenings as Texas’ coronavirus cases spike
"Gov. Greg Abbott, a day after a key coronavirus metric he’s been watching hit “red flag” territory, again has moved to conserve hospital beds by halting elective surgeries. He also announced Thursday that he’s pausing any further reopening of businesses and other public activities until Texas can “corral” a recent surge in COVID-19 infections...Unlike the March order, though, the one he issued on Thursday didn’t apply statewide, just to Dallas, Harris, Travis and Bexar counties."
"It appears that Amazon (NASDAQ: AMZN) might be opening yet another fulfillment center in Dallas-Fort Worth, according to multiple reports. Recent plans submitted to the Texas Department of Licensing and Regulation describe an unnamed tenant that would be taking a 1 million-square-foot warehouse in Irving near DFW International Airport...According to a report by the Dallas Morning News, some local real estate brokers have said that Amazon is looking at the property along with a similarly sized building in Fort Worth."
"Dallas and Houston's economic stability are projected to be somewhat of an anomaly in the U.S. over the next several years, even as much of the world's economic growth slows, according to research firm Oxford Economics."
"From the arrival of the In-N-Out burger chain to the open-air retail shopping mall concept and breezy environmentally sound high-end homes, Dallas-Fort Worth for a long time has mirrored the commercial and residential trends of Southern California. Now, a report from CommercialCafé is putting numbers behind everyone’s suspicion that Californians themselves are flocking to the Metroplex."
"Apartments are a huge part of the Dallas-Fort Worth economy, responsible for billions of dollars and tens of thousands of jobs a year, and yet there are not nearly enough of them...And when it comes to apartment rehabilitation and renovation projects, DFW shows its economic potential with renovations and repairs alone pushing about $2B into the local economy and creating up to 7,000 jobs yearly..."
Dallas Business Journal | September 18, 2018 | Bill Hethcock - "Dallas fares well in a comparison of costs of operating Amazon's second headquarters in 20 finalist cities, according to an analysis prepared by a global site selection firm."
Bisnow | July 19, 2018 | Tara Lerman - "With over 70 data centers, DFW is gaining momentum as one of the top data center markets in the country. It is not a coincidence that so many data centers are moving to Dallas, especially since major corporations such as State Farm, Toyota North America, Huawei, Samsung and McKesson have recently relocated to the area. And the data center boom isn't slowing down."
Bisnow | June 18, 2018 | Champaign Williams - "When Amazon released its request for proposals for a second headquarters, the tech giant outlined several key preferences that would factor heavily into its decision: proximity to densely populated city centers, access to a strong labor force that could eventually fill 50,000 jobs and a strong quality of life." Dallas is in the Top 10 of the Amazon HQ2 Finalists due to its "strong tech labor force working in its favor and a tax structure that sets it apart from the competition."