DALLAS FORT WORTH | Urban + Suburban P & C - Page 192

Thymant · #**3821** Posted **Sep 15, 2015, 12:55 AM**

It shouldn't be long before they reveal which top the new skyhouse will have, hoping for something different like skyhouse buckhead however I wouldn't be surprised if it wound up look like skyhouse houston

eburress · #**3822** Posted **Sep 15, 2015, 5:43 PM**

Quote:

Originally Posted by maconahey

SkyHouse II unofficially breaking ground today. Also, the Ascent construction across the street

Payne St is going to be pretty canyony soon!

jshdodd · #**3823** Posted **Sep 15, 2015, 10:16 PM**

^^ Until then it's just gonna be a giant pain

austlar1 · #**3824** Posted **Sep 15, 2015, 10:28 PM**

Quote:

Originally Posted by cabasse

still hasn't sunk in yet, but it looks like i'll be moving to dallas in two weeks! working in arlington, off i20. anyone have suggestions for a place to move that isn't too expensive (uptown?) but also isn't totally banal suburban? should i consider ft worth? probably the wrong place to even bother asking this, but the texas forum looked pretty sleepy.

Fort Worth-downtown, west 7th, and fairmont/magnolia areas are all pretty nice. I would also consider living in the Oak Cliff section of Dallas. It is well positioned for a commute over to Arlington, and it is an interesting revitalized neighborhood just across the Trinity River from downtown Dallas.

Sic'EmBears · #**3825** Posted **Sep 16, 2015, 1:54 AM**

Last floor is up.

The parapet will be installed shortly.

eburress · #**3826** Posted **Sep 16, 2015, 3:19 AM**

^^ It's gorgeous but I wish it was 10 stories taller.

R1070 · #**3827** Posted **Sep 17, 2015, 12:37 AM**

I kept thinking there was one more level to go. Perhaps I was wrong.

Urbannizer · #**3828** Posted **Sep 17, 2015, 2:52 AM**

Full Article: http://dfw.cbslocal.com/2015/09/15/convention-center-hotel-could-be-coming-to-fort-worth/

Quote:

Originally Posted by CBS DFW

Convention Center Hotel Could Be Coming To Fort Worth
September 15, 2015 10:40 PM

Fort Worth is sending out a request to developers to submit ideas about building a 1,000 room hotel next to it’s convention center in the south end of downtown. The move coincides with continuing assessments to replace the 50-year old “flying saucer” arena on the north end of the convention center. That is welcome news to businesses on the fringe of the convention center foot traffic.

***

But that could change as Fort Worth gives the area a massive face lift. The city would straighten a bending stretch of Commerce on the east of the convention center making room for a massive, privately built, 1,000 room hotel to help keep pace with rival convention centers.

***

And the city will hire an architect to begin assessing how much of the convention center will be upgraded as the hotel is added. Looking around the arena area it’s easy to see why they want to tear it down entirely. In its place they’ll build a new building with 200,000 square feet more space. It would also encourage people to walk in and out from Commerce and Houston Streets.

Sic'EmBears · #**3829** Posted **Sep 17, 2015, 5:06 AM**

Love Field Aloft/Element Hotel Project Commenced Construction

Quote:

The project is scheduled to open in December 2016. Aloft Dallas Love Field will include 133 loft-like rooms. Element Dallas Love Field will feature 91 light-filled studios. The two hotel partners will be constructed within one multi-story building with a common entry, but separate ground-floor public areas and elevators.

Quote:

The building, which is expected to receive LEED certification, will be part of West Love, a 37-acre development that will also feature apartments and more than 24k SF of retail space.

Full Article

Sic'EmBears · #**3830** Posted **Sep 17, 2015, 6:56 PM**

Victory Park groundbreaking for new apartment tower
Steve Brown
September 17, 2015

Quote:

Construction has started on a third new apartment tower in Dallas’ Victory Park development.

Quote:

With Novare’s groundbreaking, three new apartment towers are on the way in Victory Park northwest of downtown.

Developer Greystar is building its Ascent tower with more than 300 apartments across the street from Novare’s new building site.

And Genesis Real Estate has started its 28-story Katy Tower apartments at Victory Park and Hi Line drives.

Full Article

Sic'EmBears · #**3831** Posted **Sep 17, 2015, 6:57 PM**

This appears to be Novare's "Atlantic House."

Also, I'm glad to see ground-floor retail in the parking garage.

JoninATX · #**3832** Posted **Sep 17, 2015, 9:13 PM**

Liking the new Skyhouse concept. Should be a great addition to Dallas. Also we should have one more groundbreaking this month as Victory Center should start on September 30 2015.

Owlhorn · #**3833** Posted **Sep 17, 2015, 10:47 PM**

Should be crane city near and around Victory Park. The Union sounds like its about ready to go as well, in addition to the Harwood Projects and possible a few down Hi-Line in the Design District. Not to mention the South Asian Museum sounds like it will start within a year.

dollaztx · #**3834** Posted **Sep 17, 2015, 11:08 PM**

Quote:

Originally Posted by Sic'EmBears

This appears to be Novare's "Atlantic House."

It sure does. It looks like this is their first SkyHouse not done in the design they have done everywhere else so far. Makes me wonder if it will even be named SkyHouse Victory Place or simply Victory Place. Doesn't specify on the article.
http://novaregroup.com/current-developments/

jshdodd · #**3835** Posted **Sep 18, 2015, 12:23 AM**

I like the Art Deco elements in this Sky House.

TTU Arch · #**3836** Posted **Sep 19, 2015, 9:01 PM**

Why Investors Are Flocking to Downtown Dallas

With a flurry of redevelopment projects underway, the city’s urban core is finally getting its due.

By Christine Perez
From D CEO September 2014

http://www.dmagazine.com/publications/d-...nvestors-are-flocking-to-downtown-dallas

".... But the biggest commercial real estate story in Dallas may be the revitalization of the city’s urban core, where a staggering number of redevelopment projects are setting the stage for a major transformation.....

A number of factors are driving interest in the core: a growing downtown residential base, the popularity of new destinations like Klyde Warren Park and the Perot Museum (which are luring people to the city), the proven success of Headington Cos.’ redevelopment of The Joule hotel and its ongoing retail work along Main Street, bargain sales prices for vacant or troubled office buildings, investor eagerness to deploy capital, and the highly sought-after millennial workforce, which prefers an urban live-work-play environment....."

Dallas’ Downtown Getting Energized
By Sharon Edelson
August 24, 2015
http://wwd.com/retail-news/specialty-sto...etting-energized-10202517/print-preview/

"Neiman Marcus will have some company in downtown Dallas for the first time in years when the influential retailer Forty Five Ten next summer moves to a new approximately 50,000-square-foot, four-story building on Main Street opposite the Joule Hotel.....

....And with an estimated 500,000 square feet of space, including restaurant square footage coming online in the next few years, according to Downtown Dallas Inc., many more retailers will be opening flagships in the area.

Twelve new hotels are planned to accommodate the 24 million tourists who visit each year. The booming Dallas Arts District is getting a makeover that will better connect it with downtown. The Dallas Arts District has already selected finalists from among the architecture firms vying to update the plans...."

skys the limit · #**3837** Posted **Sep 20, 2015, 1:47 AM**

Dallas' Job Growth Leads Texas in August 2015

Dallas-Plano-Irving Metro: +7,300
Austin-Round Rock MSA: +1,200
San Antonio-New Braunfels MSA: -1,000
Ft. Worth-Arlington Metro: -2,300
Houston-The Woodlands-Sugarland MSA: -11,800

The Dallas metro had very good job growth numbers in August 2015 despite the oil and gas slowdown hitting the State; Dallas and its metro led the State in net job growth for the month.

Austin MSA had positive net job growth as well, albeit smaller.

San Antonio MSA, Ft. Worth/Arlington metro and Houston MSA all showed net job losses with Houston suffering a substantial loss.

In fact, one could say that out of the 13,700 jobs lost at the State level for Texas during August 2015, Houston accounts for almost the entirety of those job losses.

Dallas' diversification and relatively low reliance on oil and gas is keeping its employment and population growth surging while oil and gas dependent cities are lagging.

Ft. Worth is also suffering, like Houston, due to its larger dependence on oil and gas.

Strong job growth in the Dallas area brings more people and more people bring yet more companies because of the large, diverse and rapidly growing workforce; the two are feeding off each other.

The shift of economic power, employment and population growth in Texas seems to have decidedly moved to North Texas with Dallas and its metro as its epicenter.

It appears without a doubt that Dallas is now Texas' most vibrant economic engine.

Dallas-Plano-Irving Metro: http://www.tracer2.com/admin/uploadedpublications/1717_dallasmsa.pdf
Austin-Round Rock MSA: http://www.tracer2.com/admin/uploadedpublications/1712_austinmsa.pdf
San Antonio-New Braunfels MSA: http://www.tracer2.com/admin/uploadedpublications/1729_sanantoniomsa.pdf
Ft. Worth-Arlington Metro: http://www.tracer2.com/admin/uploadedpublications/1719_fortworthmsa.pdf
Houston-The Woodlands-Sugarland MSA: http://www.tracer2.com/admin/uploadedpublications/1720_houstonmsa.pdf

R1070 · #**3838** Posted **Sep 20, 2015, 3:42 AM**

I hate when DFW is referred to as two separate metros.

Ant131531 · #**3839** Posted **Sep 20, 2015, 5:02 AM**

Job growth numbers look poor in comparison to what was going on just a few months ago, but this seems to be a nationwide trend. Job growth seems to have slowed dramatically everywhere. Wasn't Dallas just putting up numbers close to 30k a month a few months ago?

skys the limit · #**3840** Posted **Sep 20, 2015, 8:18 PM**

^^^^^^^
The economy is still adding robust job growth as a whole.

What is happening are the regions and/or cities that have a high dependence on oil and gas are suffering either slow growth or job losses while other regions and cities are doing quite well.

Texas released its State level jobs data for August 2015 this past Friday. The national compilation by the Bureau of Labor Statistics by MSA and Metro categories for August is not yet available.

July 2015 is the latest BLS report by MSA and Metro divisions (released Sep. 1, 2015). August 2015 jobs data by MSA should be available sometime around Oct. 1st.

Here are the top 10 MSA job growth markets for year-over-year July 2014 to July 2015 (from the latest BLS data by MSA):

Change from
July 2014 to July 2015,
in thousands

164.4 NYC
157.5 LA
121.7 DFW
85.0 ATL
73.8 DC
70.7 SEA
70.2 SFO
69.9 MIA
66.4 CHI
64.6 HOU

For the July 2015 period, Dallas by itself, even without Ft. Worth/Arlington, would still be number three in the nation with its metro job growth of 94,300.

Very impressive that Dallas and its metro would still rank so high among the nation's MSA's!

Dallas and its metro (without Ft. Worth/Arlington) achieved red hot net job growth figures of around 19,000 in both April and June of this year (that is probably what you are thinking of).

For the last 12 months, the Dallas area is achieving net job growth averaging 10,000+ per month, which is very strong growth.

Dallas has been number 3 in the nation in net job growth, behind NYC and LA, for the last three months in a row.

Here is an article recapping that: http://bizbeatblog.dallasnews.com/2015/0...-jobs-among-all-u-s-metros-in-july.html/

Houston, which had been at or near the top, fell to 10th place in July 2015 and will probably drop out of the top ten in August (with its negative 11,800 job loss for the month), reflecting the unfortunate huge drag they are feeling from the oil price plunge and continuing weakness in energy.