Business News
With a number of key purchases in the last six weeks, the Omni
Hotel headquarters is expanding. The offices will relocate from Las Colinas in
Irving to 4001 Maple St in Dallas and hire about 30 new staff.
Trader Joe’s is the the latest to join a handful of new grocers recently
opening in East Dallas. Eight grocery stores have opened in the area since 2009.
Dallas ranks as the best region for Finance Jobs in the recent report by
Accounting Principals. The list was determined by the overall economic
environment as well as internal data from Accounting Principals
branches, taking into account the volume of job openings in the past six
months.
Ziosk is bringing tech to the table for restaurant customers. Its
Wifi-based Ziosk tablet allows diners to order, view the menu, play
games, and even pay all at their table. The concept came from students
in a Southern Methodist University MBA class who were challenged to develop
ready-for-market products.
Southern Dallas News
A $5 million expansion and upgrade is coming to the Borden Dairy Co
facility on S. Lamar St. The Dallas City Council approved a 7 year, 75
percent tax abatement for the investment and the 100 new jobs that are
expected to accompany it. The abatement is contingent on the investment and job creation.
Dallas-based BAF will play a major role in the manufacture of Ford’s new
F-150 which will run on compressed natural gas (CNG). BAF installs the
parts necessary to enable the truck to run on CNG.
City Center News
A new 267-unit rental community is planned to be built on the vacant
property at Ross Ave and Houston St. Right on the edge of the historic
West End district, designs for the new building match the
characteristic architecture of the neighborhood.
Dallas-based Which Wich Superior Sandwiches will be keeping its
headquarters downtown. It will move from its current downtown office at
1310 Elm St by the end of this summer, to 14,000 square feet on two
full floors of the Adolphus Tower at 1412 Main St.
Real Estate News
It’s been five years since more than 40 acres of aging apartments were
razed on this site at Walnut Hill and Central Expressway. New owners
have now begun construction on what is to be called Preston Hollow
Village. Trader Joe’s grocery store and Frost Bank will anchor the
development’s retail and office components. The development will also
include restaurants, shops, and apartments with tree-lined streets and
patios as part of the vision.
Dallas-based Lincoln Property Co. has secured specialty grocer The
Fresh Market for two of its Dallas properties. The first store in DFW
will open in Turtle Creek Village shopping center at 3888 Oak Lawn Ave,
followed closely by its second store at the soon-to-be redeveloped
Arboretum Village shopping center near Gaston and Garland roads.
 Economic Review
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The count of employed Dallas residents increased to 555,920.
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This is an over 2,386-worker increase from last month’s revised resident employment level of 553,534.
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