D ECONOMY EXCLUSIVE
Did you know that the City of Dallas has 188.6 miles of lanes for biking, with more on the way? From shared road lanes to regular and buffered bike lanes, not to mention multi-use trails, there are biking options available citywide. These multi-use trails and on-street bike routes provide access to DART stations, the Trinity River, and entertainment areas such as Bishop Arts, Victory Park, White Rock Lake, Downtown Dallas, and more. Source: www.DallasEcoDev.org, October 31, 2017.
General Business News
Dallas has been ranked a top 10 U.S. city, one that is ready to take on the "next-wave" digital economy, according to a recent research report titled "Innovation That Matters," analyzing the health of startup communities in 25 cities across the nation. Source: Dallas Innovates, October 17, 2017.
Taiyo America Inc. has opened a Dallas office at Carillon Towers, the first step in the company's plans to expand technical support and new business development into such areas as electric vehicles, robotics, virtual reality, and AI. Source: Dallas Innovates, October 20, 2017.
City Center News
What happens when you combine a growing startup scene with an insurance giant's need to reduce unnecessary healthcare costs? You get Blue Cross Blue Shield's new C1 Innovation Lab, located in Dallas' West End, a learning and tech hub where BCBS' greatest minds can collaborate to find solutions to healthcare's greatest challenges. Source: Dallas Innovates, October 25, 2017.
The historic Statler has two new dining and drinking options - upscale diner Overeasy and underground cocktail lounge Bourbon & Banter. From coffee and eggs, banana cream pie, and a cocktail called the French Twist, there's something for everyone. Source: Dallas Culture Map, November 15, 2017.
The transformation of Victory Park continues with new dining and drinking options, coworking and office space, retail, and yes, even a movie theater, on the way. Work is ongoing, with openings planned for early to mid-2018. Source: D Magazine, November 9, 2017.
Walk inside stylish Commissary on Main Street and you'll feel like you're in a small cafe, great for lunch or just good coffee. You are. But in the bowels of that blue-tiled building, a fleet of butchers slice charcuterie and dry-age meats for eight well-known Dallas restaurants. No surprise, as Commissary is also the culinary hub for Headington Companies, a major player in the local restaurant scene. Source: Dallas Morning News, November 1, 2017.
Real Estate News
Billingsley Co. has filed construction permits for the next office building in its 1,000-acre Cypress Waters development. The 3201 Olympus Boulevard project will have 250,000 square feet of space in a five-story building. Source: Dallas Morning News, November 17, 2017.
Southern Dallas News
The redevelopment of Southern Dallas' Red Bird Mall continues, with the recent groundbreaking for the new Starbucks. The mall is getting a major makeover, with a new hotel, apartments, retail and more planned for the 120-acre property. Source: Dallas Morning News, November 9, 2017.
Economic Review
Source: Council for Community and Economic Research, 2017.
- The Council for Community and Economic Research publishes a quarterly Cost of Living Index to provide an accurate measure to compare cost of living differences among urban areas. The index remains near the national average of 100 (Dallas = 102.0). In other words, Dallas is just 2 percent above the national cost of living average.
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