Archive for July, 2011

DFWREimagined Stories for 7-5-11

Posted by    |    July 6th, 2011 at 5:15 am

Mayor Rawlings Thinks Big–Really Big–On the Trinity Project
DFW Retail Market Should Improve in 2011
Plans progressing on downtown Fort Worth $25M-$35M project
Sports Bring Energy, Economic Impact to Downtown Dallas
Margaret Hunt Hill Bridge celebration set for March 2-4
The Great Metro Reset
ULI Chief: Inner ‘Burbs the Best
“Dealing” in the Changing World of Real Estate (more…)

Mayor Rawlings Thinks Big–Really Big–On the Trinity Project

Posted by    |    July 6th, 2011 at 5:15 am

Like former Dallas mayor Tom Leppert, Dallas Mayor-elect Mike Rawlings worked as a top business guy stresses fixing DISD, has even hired Leppert’s deputy chief of staff to be his right hand. But at a Meet the New Mayor deallast night at the Trinity Center–just before delivering a rah-rah stemwinder on the Trinity River Corridor Project–Rawlings replied to a questioner by saying that while Leppert is “a good person to emulate,” there are differences between them.

“I came from a background of civic service. … I’ve been here for 34 years of my life,” said Rawlings (pictured in photo by Jeanne Prejean). “The understanding I have of the city … I have a different management style. I’m a person who believes in understanding the trees to understand the forest. … I’m also a big believer in creativity, in trying new solutions.”

Then, darned if Rawlings didn’t go out front and do a bang-up impression of the former mayor selling the Trinity (without once mentioning that pesky toll road). Letting the people know “the Trinity will be done” is one of his main goals, Rawlings said.

Read more at DMagazine’s Front Burner

DFW Retail Market Should Improve in 2011

Posted by    |    July 6th, 2011 at 5:15 am

According to a report recently released by Marcus & Millichap, North Texas retail property performance is expected to improve in 2011, driven by job and household income growth and stronger retail sales.

Last year Dallas-Fort Worth employers added 55,800 jobs; this year, we should see the creation of 77,000 new jobs. According to the report, this would recover nearly all positions lost during the recent recession.

Improving conditions are encouraging retailers to take down new space and, in turn, drive down vacancy rates. Power centers are leading the way, with a vacancy of 7.4 percent at the end of the first quarter of 2011—a drop of 100 basis points when compared to the year-ago figure.

Read more at DRealPoints

Plans progressing on downtown Fort Worth $25M-$35M project

Posted by    |    July 6th, 2011 at 5:15 am

The City of Fort Worth has announced it is progressing on a $25 million to $35 million public-private partnership for a 230,000-square-foot mixed-use project along the north side of Lancaster Avenue between Throckmorton and Monroe streets.

The project would include three five-story buildings and a 450-vehicle parking garage. The buildings would include 20,000 square feet of retail and restaurant space, as well as 60,000 square feet of office space and 90 apartment units.

The Catholic Diocese of Fort Worth plans to be part of the development plan and will move its headquarters into the planned office building.

Read more at Dallas Business Journal

Sports Bring Energy, Economic Impact to Downtown Dallas

Posted by    |    July 6th, 2011 at 5:15 am

We’ve spent some time since last Thursday’s Dallas Mavericks celebration basking in the glory of team’s success—and closely examining the positive impact such activities have on downtown.

Dallas has long been known as a city driven by sports. From the legacy of the Cotton Bowl to the popularity of the Dallas Stars and Texas Rangers, international awareness of “America’s Team,” the Dallas Cowboys, and of course, our Mavs, these institutions bring the community together and provide real economic impact—a combined $900 million for the region, in fact.

Taking a more micro view, we can see, particularly over the last year, how downtown has become the hub for sports-related activities, putting us on the map nationally as a top-tier city.

Read more at DRealPoints

If the Entire World Population Were Built with the Density of Certain Cities …

Posted by    |    July 4th, 2011 at 5:15 am

From: Swamplot