"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..."
"TEXRail kicked off commuter rail service between Downtown Fort Worth and DFW International Airport on New Year's Eve with a ceremonial run between the Grapevine/Main Street Station and the airport...One transit-oriented development is Grapevine Main, a $105M mixed-use property in Grapevine that will feature retail, restaurant, office, hospitality space and a train station...Trinity Metro projects that TEXRail will have more than 8,000 daily riders in 2019 and 13,000 daily riders by 2035."
Dallas News | December 1, 2018 | Maria Halkias - "Fort Worth city officials are using their Amazon HQ2 package to court at least 60 other "potential projects" of various sizes...The city highlighted to Amazon - and now to others - Fort Worth's "access to abundant and diverse talent, STEM education efforts and university partners, effortless logistics and multi-model travel, and a community spirit that defies expectations.""
Bisnow | October 17, 2018 | Kerry Curry - "When XTO Energy...dusted off its boots and left Cowtown for Houston, the blow was expected to be devastating for a city known for its storied oil history...Still, even with the shock of losing a beloved corporation, Fort Worth is holding its own, and several of its commercial real estate sectors are thriving thanks to a strong jobs market, a diversified economy and a growing city with a business-friendly climate. A new ranking by WalletHub named Fort Worth the nation's sixth-fastest-growing large city in the United States. The city's multifamily and retail sectors are particularly hot with high occupancies and plenty of new developments either opening or on the way."
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."
Star-Telegram | March 22, 2018 | Bill Hanna - "The Dallas-Fort Worth-Arlington metropolitan area's 146,000-resident jump in 2017 was the most of any metro area in the United States...Overall, Dallas-Fort Worth-Arlington ranked fourth, with 7,399,662 residents, behind only the New York, Chicago and Los Angeles metro areas and ahead of Houston-The Woodlands-Sugar Land, which ranked fifth."
Bisnow Dallas-Ft. Worth Real Estate News | March 21, 2018 | Jeremiah Jensen - "Once DFW’s hidden gem in the multifamily market, Fort Worth is entering a more mature market stage with barriers to entry rising. Soaring development costs and competition ramping up in the market make good deals hard to come by in Fort Worth on both the value-add and the new-build sides. Welcome to the Thunderdome..."
Dallas News - Business-Real Estate | July 6, 2017 | Steve Brown - Despite the explosive growth of apartment building in the DFW metroplex, rents continue to steadily increase. While the rent growth percentages of neighborhoods with a higher number of new apartments being built are more modest than others, analysts predict that DFW rents overall will continue to stay ahead of last year.
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.
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..."