Small Business News
Dallas-based seed fund accelerator Tech Wildcatters has launched a Corporate Innovation Network to connect large corporations with tech startups. The program will allow local companies to share expertise and collaborate on designing high-tech solutions to current challenges. Source: Dallas Morning News, January 22, 2015.
The Kaleidoscope for Her, a coworking space designed for women, opened in February at the White Space meeting and conference center in the West End. The project provides a place where female entrepreneurs can learn from one another and collaborate to grow their businesses. Source: Dallas Morning News, February 5, 2015.
Southern Dallas News
Wood Partners LLC has started construction on Alta Yorktown, a six-acre, 226-unit apartment community in West Dallas. Amenities will include a courtyard with access to grilling stations and fire pits for year-round entertaining. Source:
Dallas Business Journal, January 20, 2015.
Trammell Crow Residential has started work on the Alexan West Dallas, a 340-unit apartment community with 18,000 SF of retail space at the site of the long-vacant Mission Motel in West Dallas. Developers hope that the project will encourage further growth around the West Commerce and Fort Worth Avenue neighborhood. Source: Dallas Morning News, February 6,
2015.
The Dallas Regional Chamber of Commerce has announced the release of a new Southern Dallas County online data tool. The site includes land use details, wage and salary profiles, information on major employers in southern Dallas County, and an interactive map to showcase the latest news in regional development. Source: D Magazine, February 3,
2015.
City Center News
Planned renovations are projected to add more than 1000 hotel rooms in downtown Dallas. Projects include a transformation of the historic Lawrence Hotel on Houston Street into a 120-room La Quinta Inn, and a new 323-room Westin Hotel in the top 10 floors of the One Main Place tower at 1201 Main Street. Source: Dallas Business Journal, January 29,
2015.
The City of Dallas and ParkMe Inc. announced the launch of a new app designed to help drivers find parking in downtown Dallas. With the ParkMe app users can now compare parking meter prices, reserve a spot, and pay for parking via their smartphones. Source: Dallas Morning News, February 2, 2015.
The Dallas Arts District leads the nation in concentration of great architectural design, with six different award-winning architects having designed signature buildings all within an area smaller than one square mile. Source: Dallas Morning News, February 2, 2015.
Developers are planning three high-rise apartment buildings and an office tower at Victory Park, including a 28-story residential tower at Hi Line Drive and Houston Street. Source: Dallas Morning News, February 11, 2015.
Real Estate News
In 2014, the LBJ Freeway office real estate market experienced the highest level of activity within the City of Dallas outside of downtown, with more than 760,000 SF of net leasing. Source: Dallas Morning News, February 12, 2015.
Economic Review
- The Council for Community and Economic Research publishes an annual Cost of Living Index to provide an accurate measure to compare cost of living differences among urban areas. Items on which the index is based have been chosen to reflect different categories of consumer expenditures.
- The Dallas-Fort Worth metroplex has the lowest cost of living index score of the ten largest metropolitan areas of the United States.
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