Dallas Fort Worth Urban Forum

Tucy

Jasimm wrote:
I would anticipate the return of Prada or Bulgari to happen sometime soon. Possible leaving Northpark and opening at HP Village or Legacy West.

"leaving Northpark"? Wouldn't they have to be in Northpark before they could leave it?

Tucy

tamtagon wrote:I suppose the residential tower for this could be an office tower for Goldman Sachs if the bank expansion happens in the CBD.

That seems pretty unlikely.

Tucy

CBRE 2nd Quarter 2021 Office Market Report: Dallas CBD had net absorption of 86,479 square feet. Total vacancy stands at 31.2%. Total availability: 37.9% (that's more than 10 Million square feet available, almost 9 Million of which is Class A) Class A space availability is 40.1% Uptown/Turtle Creek:...

Tucy

In 2012, Houston decided the citywide multiplier effect of downtown housing was large enough to justify a $15,000/unit tax rebate subsidy carrot for the first 2,500 new housing units anybody built within certain downtown boundaries. First come first served, AFAIK if you had chosen to build 2,500 un...

Tucy

You Might Not Recognize Downtown Dallas In A Few Years https://yallitics.podbean.com/e/you-might-not-recognize-downtown-dallas-in-a-few-years/ A major relocation maybe coming and a new grocery store in downtown…? She can be a little frustrating. One second she's referring to downtown as the CBD (wi...

Tucy

A selfish part of me wishes they would land at Dallas Midtown. Maybe with them as a tenant, the project can really start to move forward. But I'm sure that's not going to happen, because for one reason it will likely take some time for the office space to come online. It could also help if the relo...

Tucy

TXGunLover wrote:They're the same recipes by the same company.

Pei Wei and PF Chang are not the same company.

Tucy

Tnexster wrote:Do they even want to be downtown? Everyone else seems to go out, way out.

Yeah, D Magazine managed to leave out the most likely locations -- a low-rise campus in the suburbs, a la Fidelity, Chase, Charles Schwab, Bank of America . . .

Tucy

February 2019 ridership: 32,998 March 2019: 39,093 April 2019: 33,589 May 2019: 35,878 June 2019: 39,154 July 2019: 41,818 August 2019: 42,637 September 2019: 43,757 October 2019: 41,943 November 2019: 44,741 (1,491 per day; about 21 people per train) December 2019: 51,217 January 2020: 43,795 Febru...

Tucy

Maybe I am blind, but I fail to see how a rapid transit line built above one freeway services passengers near another freeway more than a mile away "directly". I-10 and US-290 are not physically the same freeway. The transitway will connect directly to the current Northwest Transit Center...

Tucy

Addison wrote:
Austin55 wrote:Is this project being discussed somewhere?

https://gff.com/view/north-dallas-office-tower/

How realistic is that project?

In most cases, when the first we hear/see of a project is on an architect's website, it's not happening.

Tucy

rono3849 wrote: If the planned Galleria make-over, which includes a high rise apartment tower, moves forward, Midtown will continue to languish in development limbo.

I don't recall any plans for a high-rise apartment tower being included in the Galleria's proposed make-over.

Tucy

BTW, there's something else weird I peeped out... I distinctively remember reading an article a while back that the AMC theatre would close for good this year (when their lease ran out). Now, they're saying the theatre may stick around for several more years. To add, I went to AMC's website and alt...

Tucy

Huh? Two Arts Plaza? One Arts Plaza promised a grand public space bookending Flora across from the DMA. This is what we got instead. https://images.squarespace-cdn.com/content/v1/53444301e4b0323896c3a9d7/1397591245326-JRQH1Z7ILMMMT6CHL1KV/ke17ZwdGBToddI8pDm48kLkXF2pIyv_F2eUT9F60jBl7gQa3H78H3Y0txjai...

Tucy

Are we about done with this "second headquarters" silliness? What does that even mean? I think the "second HQ" craze started (or at least grew) after Amazon did its whole HQ2 charade. Indeed. It didn't make a whole lot of sense then and makes even less sense for most other compa...

Tucy

Are we about done with this "second headquarters" silliness? What does that even mean?

Tucy

The Houston plan is for full BRT (Bus Rapid Transit) with dedicated lanes. The buses will not be stuck in Houston traffic. Thats true in theory. On the streets, BRT has dedicated lanes/stops, and priority at street lights. But once it hits the highway, it will just use HOV lanes with other cars. An...

Tucy

It was just a shop within the Neiman Marcus store, not a full LV store.

https://us.louisvuitton.com/eng-us/poin ... man-marcus

Tucy

That is also true. We have alot to learn from them regarding fast development growth. But they also dont have anything planned to the HSR station other than rapid bus transit. Which is ridiculous, who wants to be stuck in Houston traffic on a bus? The Houston plan is for full BRT (Bus Rapid Transit...

Tucy

Or perhaps I mixed up the components. Sometimes it’s easier to find things on this forum than on other websites. Instead of moving the HSR closer to union, they wanted to move the transit hub closer to HSR , across the highway, next to the convention center. That's just a study for moving the hub c...

Tucy

Another downtown office building slated for foreclosure:
https://www.dallasnews.com/business/rea ... reclosure/

Tucy

SPACE JAM Some of the most recognizable parts of Dallas’ skyline are under 50% occupied. As we come out of the pandemic, the need for office space hasn’t fully returned as many companies keep work-from-home in place. With new inventory coming to the market, the city’s oldest office towers plot thei...

Tucy

So... it's been almost 1 1/2 years since they announced grand plans to remake and revitalize the Galleria. Any news, rumors, speculation on when something may get started?

Tucy

tamtagon wrote:Where did the EPA moved to... Tennent moved to flower mound or somewhere like that...?

EPA moved to Renaissance Tower

Tucy

Cabrio330 wrote:
Warrior2020 wrote:This is good news for this building considering that it has 1.05 million Square feet of available space as of June 1st and is only 17.4% occupied making it the most vacant large office building downtown.

Source for those numbers?

http://properties.cbre.us/fountain-plac ... space.html

Tucy

Any news/rumors here? Is the rezoning process progressing? Has it started?

(NorthEnd apartments appear to still be signing 12-month leases).

Tucy

February 2019 ridership: 32,998 March 2019: 39,093 April 2019: 33,589 May 2019: 35,878 June 2019: 39,154 July 2019: 41,818 August 2019: 42,637 September 2019: 43,757 October 2019: 41,943 November 2019: 44,741 (1,491 per day; about 21 people per train) December 2019: 51,217 January 2020: 43,795 Febru...

Tucy

These estimates are based only on the 2010-2019 estimates. The decadal Census is required to be a physical count, not an estimate. Forumer Addison noted upthread that the Census 2020 count results at this geo level won't be released until August at least. Yes, these are estimates, not the decadal C...

Tucy

May 27th, 2021: https://www.census.gov/programs-surveys/popest/technical-documentation/research/evaluation-estimates.html According to the link, Grand Prairie’s population is almost 200k and Frisco is 200k+. The post above has them both at about 70k less. Good catch. I made those corrections and ch...

Tucy

Elsewhere in the state: Austin: 995,484 (up from 978,763 in 2019 -- increase of 16,721). Grew from 801,862 in 2010. Houston: 2,316,120 (up from 2,315,720 in 2019 -- increase of 400). Grew from 2,092,919 in 2010. San Antonio: 1,567,118 (up from 1,547,256 in 2019 -- increase of 19,862). Grew from 1,32...

Tucy

City and town population estimates for 2020 were released. Dallas : 1,343,266 (up from 1,343,192 in 2019 -- increase of 74). Grew from 1,197,672 in 2010. Fort Worth : 927,720 (up from 908,491 in 2019 -- increase of 19,229). Grew from 744,800 in 2010. Arlington : 398,864 (down from 398,930 in 2019 --...

Tucy

^there's probably others too, but I don't remember any off the top of my head. I can't think of any others that might have been on the Fortune 500. But, yes, I'm sure there are other DFW retail names that have gone out of business. A few that come to mind: Tandy (of course that became Radio Shack; ...

Tucy

Isn't there another 500 lister moving to west lake? With a campus like Schwab? You're probably thinking of Fidelity's recent announcement that they are adding positions in Westlake, but I don't think there's any hint of a headquarters move. But speaking of Westlake, next year's list of DFW Fortune ...

Tucy

Neiman Marcus, Brinker, Radio Shaq, Pier One and Blockbuster also used to be on this list, though it's been a while. Yes, yes they were; at least the Fortune 1000 list. Not sure how many of them were ever in the 500. Nieman Marcus is, I believe, not a publicly traded company. Brinker is on the Fort...

Tucy

tamtagon wrote:When did Yum china holdings separate from Yum Brands?

2016

Tucy

Part of the issue is that so many large companies based in Dallas are brick & mortar retailers, and this industry will be poised for significant contraction and consolidation in the coming years (for example, both Michael's and At Home were just bought out). I think you are exaggerating the imp...

Tucy

Addison wrote:As far as Houston, the vast majority of those companies are in Oil & Gas. Long-term, that's not exactly something to hang one's hat on.

I'd recommend a closer look at the list of Houston companies. It can no longer be said that "the vast majority" are oil & gas.

Tucy

Here is our list of Fortune 500 companies: McKesson ExxonMobil AT&T Energy Transfer CBRE Group (new to DFW since 2020 list) DR Horton Kimberly-Clark Tenet Healthcare American Airlines Group Fluor Texas Instruments Core-Mark Holdings Jacobs Engineering Group Charles Schwab (new to DFW since 2020 ...

Tucy

Fortune 500 Scorecard for 2021: Houston : 23 (up from 22 on the 2020 list). 21 are in the city of Houston. 1 in The Woodlands. 1 in Katy. DFW : 22 (down from 24 on the 2020 list, and I think 23 on the 2019 list) 9 are in the city of Dallas. 8 are in Irving. 1 in Plano. 1 in Ft Worth. 1 in Arlington ...

Tucy

tamtagon wrote:Too bad they just didn't have the resolve to fix the reflection problem. They would have sold out years ago.

There is no evidence that the reflection problem had any significant impact on their sales. Sales were slow from the outset.

Tucy

Anyone know how tall it will be? Per one of the flyers on their website, "this instantly timeless structure stretches skyward to a majestic 450 feet." Does anyone think it's a coincidence this new rendering came out just days after Hillwood Urban's new rendering? Chasing the same target t...

Tucy

This is such a great location. I can’t imagine it not happening. Once it’s built and they move into it from the smaller building next to it, I think we will see a phase 2. Who is moving into it from the smaller building next to it? And is there reason to think that is the case, or are you just hopi...

Tucy

What is the average number of occupants the building will have per unit? 15ish years ago, I think the average was less than two persons per dwelling. That's low. But at the time, the CBD was just beginning to get attention as a residential neighborhood. Now, the appeal is firmly established, so I w...

Tucy

Neither is likely to happen, so no sense losing sleep over it.

Tucy

What is up with the name of this topic? The district is not, and never has been, named "Harwood International District. It's simply "Harwood District". https://harwooddistrict.com

Can we change the title?

Tucy

With ATT buying out Discovery, does this do anything for its headquarters here in downtown? Will they bring jobs here or a tv broadcasting station to the Discovery district? Maybe build a new building? I could only wish. Technically, AT&T is not buying out Discovery. It's messy, but AT&T's ...

Tucy

Warrior2020 wrote:
DPatel304 wrote:Great news! I hope it does well and hope to see more condos hit the market.

I'm wondering what the price point of these will be.

$250,000-1.something million

$250,000 - 1.8 Million (per the DMN article)

Tucy

50% preleased? Large out-of-state companies are driving demand for new downtown tower https://www.bizjournals.com/dallas/news/2021/05/17/field-street-tower-hillwood-urban.html "We’ve gotten to the point where there are a number of potential tenants we've been speaking with. These images have b...

Tucy

Anyone know any info on about when the first phase of NewPark Dallas (One Newpark) is to start. Don’t see any info on their link. Did the COVID-19 have any setbacks even though it was announced last October? I think this will be a tough one to bring out of the ground due to its remoteness from the ...

Tucy

April 2021

Zero sold.

92 sold in 41 months. (2.22 per month) 66 remaining.

Sell-out projection: 5 years, 11 months.

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