Dallas is a cosmopolitan, metropolitan city, and the future is only going to see Downtown get denser and more vibrant, especially as corporate relocations flock to the submarket—and transportation options improve. Join us at Bisnow’s Future of Downtown event on May 5 to learn about what the past can tell us and what the future holds in our great Downtown core.
Crescent managing director John Zogg says there's a renewed vibrancy to Downtown, and retailers are following residents so growth is steady and strong. The density will grow too, though the speed of that depends on transportation–specifically the rail system. AIt’s a district of great amenities, and companies as well as residents want to experience it. It's partially a spillover from Downtown, which has been built-out so successfully. Corporate workers and residents have been moving to the highly amenitized urban environment, and vendors will occupy add-on space, pushing Dallas ever outward and upward. The lawyers and accountants who work for the big companies relocating to Dallas will inevitably end up in the CBD. Crescent is finishing up McKinney & Olive, and already has two such tenants. Toyota and Lexus’ advertising agencies have signed leases in the new Pelli-designed masterpiece.
Link to full article
By Catherine Meredith of the Bisnow Commercial Real Estate News
Read more at: https://www.bisnow.com/dallas-ft-worth/news/commercial-real-estate/the-big-wide-future-of-downtown-dallas-59380?utm_source=CopyShare&utm_medium=Browser