"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."
"Charles Schwab is moving its corporate headquarters to Westlake, Texas, after the brokerage firm merges its business operations with TD Ameritrade. San Francisco-based Charles Schwab announced on Monday an agreement to buy TD Ameritrade in an all-stock transaction valued at $26B."
"American Specialty Health Inc., a 32-year-old firm that serves millions of customers across the United States, has rented 164,000 square feet of offices in the Heritage Commons office complex near Interstate 35W to expand its North Texas operations...co-founder, chairman and CEO George DeVries said in a statement...'With access to a talent-rich labor market, a variety of residential options, lifestyle amenities and an established community, our company is poised to grow and thrive in North Texas for years to come.'..."
"Austin has seen more proportionate growth from net migration than any other major U.S. city in the past 10 years, according to a new analysis...more than 50 percent of migration to Austin from 2012 to 2016 was from people leaving other large Texas cities, such as Houston, Dallas and San Antonio. But census date also shows that a net of thousands of people from states like California, Florida and New York came to Austin during those years."
Spectrum News San Antonio | December 19, 2018 | Spectrum News Staff - "Precourt Sports Ventures, LLC and the City of Austin announced that they have finalized their partnership to construct a privately funded $225 million soccer park and stadium on Wednesday...The natural grass, open-air stadium will be a top destination for professional and local soccer, and will serve as an entertainment and multi-purpose event venue for Austin. The site will also house a park and open space which will be available to the public year-round."
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."
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."
Dallas News - Business-Real Estate | May 25, 2017 | Jill Cowan - Texas suburbs continue to experience rapid growth; people are flocking to Texas due to lower cost of living and a thriving job market. The top second and third cities on the list of fastest-growing cities is none other than Frisco and McKinney.