The New North Dallas
Posted: 17 Nov 2016 08:53
http://www.dmagazine.com/business-econo ... of-it-all/
Why North Dallas Is The Center of It All
Drilling down into the numbers behind this big, healthy, rapidly expanding market.
BY CHUCK DANNIS NOVEMBER 16, 2016
Last month I was asked by the private wealth team at Bank Of Texas in Plano to give a presentation on the general commercial real estate market in North Dallas. So, my first question was, “How do you define North Dallas?” It’s a valid question, because when I got started in the business, North Dallas ended, on the north, at Forest Lane.
Collectively, we decided the “new-new” geographic area we call North Dallas could be generally defined as being bounded by U.S. 75 (North Central Expressway) on the east, Interstate 35E on the west; Interstate 635 on the south, and, at this time, U.S. 380 on the north. When viewed on a map, this geographic area looks like a windshield-wiper swath, with its axis at the Dallas North Tollway and 635, the wiper goes east to Central, swings back west to I-35, topping out on the north at U.S. 380.
With this area in mind, and using data from CoStar, MPF, ERSI and citymaps.com, I culled together a few interesting factors about North Dallas and why it is, to many, the center of it all.