General News
An alluring mix
of high wages and low cost of living is
helping Dallas area employers recruit and retain workers, making Dallas
attractive to both businesses and professionals from across the nation. Source:
Dallas Morning News, March 2, 2015.
City Center News
The Dallas
central business district continues to attract companies from across the country,
bringing more than 5,000 jobs to downtown Dallas in 2014. New employers
contributed to a 70 percent increase in leasing activity in the central
business district over 2013. Source: Dallas Morning News, February 26, 2015.
The
newly renovated, 26,000 SF Shed 2 space at the Dallas Farmers Market is
scheduled to re-open in June. In addition to 20 new and returning restaurants
and vendors, the $64 million
redevelopment project will soon include a parking garage, lofts, and additional
retail space. Source: Dallas Business Journal, February 27, 2015.
Legal staffing firm Tower Legal Solutions has signed a long-term lease in downtown Dallas. The company plans to occupy 8,000 SF of office space at Bank of America Plaza at 901 Main Street and employ 150 workers. Source: Dallas Business Journal, March 5 2015.
Southern Dallas News
Pioneer
Frozen Foods Inc. plans to build a $10 million food production facility at 4616
Langdon Road in southern Dallas. The company plans to have at least 25 full-time employees by the end of 2016. Source: Dallas
Business Journal, March 2, 2015.
Consumer
products manufacturer Kimberly-Clark Corp. is
planning to build a new $22 million, 870,000 SF distribution center at the Mountain Creek Business Park in southern
Dallas. The facility is expected to employ at least 99 full-time employees by
the end of 2016. Source: Dallas Business Journal, March 2, 2015.
The Expo Bar and Grill is the latest business to announce it is moving to the trendy Exposition Park area near Fair Park in Dallas. Other notable additions to the Exposition Park neighborhood include Eight Bells Alehouse and local coffee roaster Noble Coyote. Source: Culture Map Dallas, March 9, 2015.
Small Business News
The inaugural Dallas Startup Week was held the
first week of March, bringing thousands of entrepreneurs and investors to
downtown Dallas to connect and to showcase the vibrant Dallas startup community.
Participants attended more than 100 workshops and information sessions. Source:
Dallas Morning News, March 3, 2015.
More than 100 entrepreneurs and investors
gathered at the Old School Bar & Grill in downtown Austin during SXSW to celebrate and spotlight the North Texas startup community. Dallas is gaining national
attention as a top place to start a business. Source: Dallas Morning News,
March 15, 2015.
After extensive renovations and upgrades, the long-vacant 211 N. Ervay Street in downtown Dallas is now Alto 211, a new home for tech startups, business accelerators and entrepreneurs. Source: Dallas Morning News, March 21, 2015.
 Economic Review
 - The preliminary unemployment rate for the City of Dallas for February 2015 decreased by 0.3 percentage points to 4.3 percent.
-
The rate’s change was the result of a decrease in the net number of unemployed with only a slight decrease in the city’s labor force. The slight decrease in the city’s labor force can in part be contributed to seasonal labor factors.
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