DALLAS | Victory Tower/Mandarin Oriental | 650 FT / 198 M | 43 FLOORS | PRO - ON HOLD

[Trae]

Dallas isn't that big in oil really (at least not anymore). It's more telecommunications and tech.

[NThomas]

There's some chatter on Dallas-Fort Worth Urban Forum that this version is dead. Supposedly, the tower will be redesigned with 30-40 flr, 750k sqft of office space and if the MO is to be built, it will be in another block w/o condos. [Chatter]

[dollaztx]

Originally Posted by NThomas76207

There's some chatter on Dallas-Fort Worth Urban Forum that this version is dead. Supposedly, the tower will be redesigned with 30-40 flr, 750k sqft of office space and if the MO is to be built, it will be in another block w/o condos. [Chatter]

I thought I read somewhere that they werent going to built any more office space in the area because of the high percentage of unoccupied office space?

[BlueWolfer]

Is this building dead and gone?

[Wattleigh]

Originally Posted by BlueWolfer

Is this building dead and gone?

The "Discovery Center" is only marketing Cirque, The House and the Residences at the W from what I recall when I was there back in December. They might also be doing some of the smaller scale residential rentals/sales as well, but I remember how Mandarin had been wiped out from the updated maps/brochures.

Even the garage I'm guessing was only partially completed. It's maybe three stories max. The rest of the lot was a mostly fenced in, surface level parking lot at that time.

Finally, the website linked on the previous page is inactive.

[Thymant]

Well I heard this was on hold untill 2011.

[NThomas]

Originally Posted by Thymant

Well I heard this was on hold untill 2011.

The MO website removed the links and info about a Dallas location...

[Urbannizer]

This one is now Cancelled

[skys the limit]

Originally Posted by Trae

Dallas isn't that big in oil really (at least not anymore). It's more telecommunications and tech.

Oil and gas is still BIG in Dallas.

A search on SuperPages.com for "oil and gas companies in Dallas, TX" turns up the following (number of companies in parentheses):

Oil & Gas Companies (724)
Oil & Gas Exploration & Development (456)
Oil & Gas Producers (172)
Oil & Gas Distributors & Marketers (17)
Oil & Gas Well Drilling (13)
Oil Operators (34)
Oil Field Equipment & Supplies (3)
Oil & Gas Land Leases, Properties, & Royalties (13)
Oil & Gas Consulting Services (20)
Oil Well Services (2)
Oil Field Contractors (3)
Minerals, Oil, & Gas Investments (5)
Seismograph Services (2)

These numbers do not include oil and gas companies in other cities in the Metro area such as Ft. Worth, Irving, etc.

In fact, the Dallas area is headquarters to the largest oil company in the world and the largest corporation in the U.S. - ExxonMobil - larger than any company in Houston whether oil or otherwise.

Fortunately Dallas' economy is very diversified now to include other major industries in addition to its large concentration of oil and gas firms to include telecommunications (Dallas is headquarters to AT&T, the largest telecom in the nation and the 7th largest corporation in America plus hundreds of other telecom businesses), the largest concentration of high technology in the State of Texas (the corridor running from North Dallas up through Richardson is called "Silicon Prairie" because of the high concentration of high tech businesses), banking, insurance, medicine, wholesale trade, transportation (headquarters of American Airlines and Southwest Airlines as well as hundreds of other transportation related businesses), etc., etc., etc.

Just wanted to set the statement straight that "Dallas isn't that big in oil really (at least not anymore)" because it is inaccurate.

With the Dallas area being headquarters to the largest oil company in the world plus hundreds of oil and gas related firms it does speak volumes about the importance of oil to the economy of Dallas.

Having a high concentration of oil businesses can be a double-edged sword - when oil prices are high the beneficial effects to the local economy are great but when prices dip the reverse is true. Houston is far more vulnerable to that cyclical up and down of oil than Dallas because Houston's economy is far more dependent on oil and Dallas' economy is far more diversified.

http://yellowpages.superpages.com/li...&F=1&MCBP=true

[TexasPlaya]

Originally Posted by skys the limit

Oil and gas is still BIG in Dallas.

A search on SuperPages.com for "oil and gas companies in Dallas, TX" turns up the following (number of companies in parentheses):

Oil & Gas Companies (724)
Oil & Gas Exploration & Development (456)
Oil & Gas Producers (172)
Oil & Gas Distributors & Marketers (17)
Oil & Gas Well Drilling (13)
Oil Operators (34)
Oil Field Equipment & Supplies (3)
Oil & Gas Land Leases, Properties, & Royalties (13)
Oil & Gas Consulting Services (20)
Oil Well Services (2)
Oil Field Contractors (3)
Minerals, Oil, & Gas Investments (5)
Seismograph Services (2)

These numbers do not include oil and gas companies in other cities in the Metro area such as Ft. Worth, Irving, etc.

In fact, the Dallas area is headquarters to the largest oil company in the world and the largest corporation in the U.S. - ExxonMobil - larger than any company in Houston whether oil or otherwise.

Fortunately Dallas' economy is very diversified now to include other major industries in addition to its large concentration of oil and gas firms to include telecommunications (Dallas is headquarters to AT&T, the largest telecom in the nation and the 7th largest corporation in America plus hundreds of other telecom businesses), the largest concentration of high technology in the State of Texas (the corridor running from North Dallas up through Richardson is called "Silicon Prairie" because of the high concentration of high tech businesses), banking, insurance, medicine, wholesale trade, transportation (headquarters of American Airlines and Southwest Airlines as well as hundreds of other transportation related businesses), etc., etc., etc.

Just wanted to set the statement straight that "Dallas isn't that big in oil really (at least not anymore)" because it is inaccurate.

With the Dallas area being headquarters to the largest oil company in the world plus hundreds of oil and gas related firms it does speak volumes about the importance of oil to the economy of Dallas.

Having a high concentration of oil businesses can be a double-edged sword - when oil prices are high the beneficial effects to the local economy are great but when prices dip the reverse is true. Houston is far more vulnerable to that cyclical up and down of oil than Dallas because Houston's economy is far more dependent on oil and Dallas' economy is far more diversified.

http://yellowpages.superpages.com/li...&F=1&MCBP=true

Yes Dallas has Exxon, but it's just big wigs and execs and Exxon's impact on Houston is much greater. Furthermore, they're consolidating Exxon in North Houston, not sure if Dallas is keeping the HQ or not yet. No doubt O&G does have a large presence in Dallas and Dallas is very diversified. However, Houston has certainly diversified too but would give the nod to the DFW metro as more diversified.

[skys the limit]

Originally Posted by TexasPlaya

Yes Dallas has Exxon, but it's just big wigs and execs and Exxon's impact on Houston is much greater. Furthermore, they're consolidating Exxon in North Houston, not sure if Dallas is keeping the HQ or not yet. No doubt O&G does have a large presence in Dallas and Dallas is very diversified. However, Houston has certainly diversified too but would give the nod to the DFW metro as more diversified.

"Headquarters city" means the dollars flow there from everywhere else, and in this case Dallas is the recipient of the billions in profits that ExxonMobil generates that flow into ExxonMobil's bank accounts .... where the headquarters resides means the bucks stop there.

There is absolutely no way ExxonMobil's headquarters is leaving Dallas. You're just spouting unsubstantiated non-sense.

Dallas' oil and gas presence is substantial ... if you do the same query on superpages.com for oil and gas in Houston it shows that Houston has more entries for the query but not by that much.

But Dallas has the enormous diversification in telecommunications, high technology, banking, insurance, medicine, wholesale trade, transportation, etc., etc., etc.

Houston is doing a little better in diversification but the fingernails of Houston are still black.