economic development

Too Much Room at the Inn: As Hotels Struggle with COVID, Some May Transform Completely

by | Nov 9, 2020
Business may not return to pre-pandemic levels until 2023 or 2024. So some hotels may pivot to senior living, multi-family, and reverse office conversions, says Jeffrey Binford, managing director of CBRE's Hotel Advisory.
MORE
Hillwood’s Reid Goetz: As COVID Has Raged, E-Commerce Has Boomed—Driving the Need for Logistics Real Estate
by | Nov 9, 2020
With e-commerce sales up 30 percent from Q1 to Q2, Hillwood is trying to move as fast as its customers.
MORE
Stream’s Anthony Bolner: Working From Home Drives Data Center Demand Through the Roof
by | Nov 9, 2020
Stream Data Centers is meeting demand with a new data center in Garland and other large projects in Phoenix and Chicago.
MORE
Tech Is Shaping a New Normal in Office Space—and Flexibility Is Key for Tenants, Says JLL’s Torrey Littlejohn
by | Nov 9, 2020
Office tenants are weighing changes in space needs and design. But most employees just want to come back to the office, says JLL's Torrey Littlejohn.
MORE

Colliers’ Allen Gump: DFW Has Always Been a Major Trucking Hub. Now It’s Taking Logistics to Undreamed-Of Levels

by | Nov 9, 2020
From sophisticated delivery to huge build-to-suit deals to the future of autonomous trucking, logistics is the name of the game.
MORE
E Smith’s Tamela Thornton: We’ll See New Retail Concepts Taking Advantage of Vacancies in the Market
by | Oct 28, 2020
Building a solid tech platform is a must for retailers—and growth in the next few years has to be based on real demand, the President and CEO of E Smith Communities says.
MORE
The Hardest Hit: How Retail and Restaurants are Retooling for an Ever-Changed Future
by | Oct 28, 2020
Omni-channel retailing, curbside pickup, and customer delivery are long-term musts for successful businesses, says The Retail Connection's Alan Shor.
MORE
Future Ready: UNT at Frisco’s $100 Million Campus Will Prep Students for the Fourth Industrial Revolution
by | Oct 27, 2020
The new campus on donated land has its roots in an innovative "public-public" partnership between the City of Frisco, its Frisco Economic and Community Development Corporations, and the University of North Texas.
MORE

‘We Believe Cities Like Frisco Will Benefit by the Return of Growth To the Suburbs,’ Says Economic Developer Jason Ford

by | Oct 13, 2020
The Frisco EDC prioritizes efforts on four main target sectors: corporate attraction and expansion; gaming and new media; the business of sports; and innovation.
MORE
‘There Will be New Opportunities,’ Says Lancaster Economic Development Director
by | Oct 13, 2020
The pandemic is a time to be innovative, says Shane Shepard. Lancaster, with plenty of room for development, is ripe for artificial intelligence and advanced manufacturing, cold storage, food processing, motor vehicle parts manufacturing, and data centers, according to the economic development director in a Q&A.
MORE
Beth Bowman on Corporate Expansion and Retention in Irving: ‘We’re Seeing More Companies Investing in Their Existing Footprint’
by | Oct 13, 2020
The president and CEO of the Irving Economic Development Partnership also sees growth potential in healthcare, technology, cybersecurity, and e-commerce— along with the accompanying warehouse and distribution facilities they require.
MORE
JLL’s Joel Pustmueller on Corporate Relocation: Clearly, Dallas Seems To Be a Favored Area for Consideration
by | Oct 13, 2020
Inquiries by economic development agencies "are up by a significant multiple over this period last year," says commercial real estate veteran Joel Pustmueller in a Q&A.
MORE

McKinney Innovation Fund Draws Hundreds of New Jobs, 11 Tech HQs in Eight Months

“We’re building an ecosystem and creating a space for startups to access funding, and helping them scale at the timeliest need for their company during the startup lifecycle,” Senior Vice President at McKinney EDC Danny Chavez said.
MORE
Recent Success Should Carry Dallas-Fort Worth Forward
by | Aug 25, 2020
Years of steady economic success and our region's brand as a great location have provided much-needed momentum for 2020, writes Mike Rosa, who leads economic development for the Dallas Regional Chamber.
MORE
From left, Invene CEO James Griffin, full stack developer Jonathan Sayre, backend developer Brian Kamra, and UX designer Sam Bajwa. [Photos: Invene]
UTD Venture Development Center-Based Healthcare Startup Relocates HQ to McKinney
by | Jul 16, 2020
A grant from the McKinney Economic Development Corporation's Innovation Fund will fuel the expansion of Invene, a growing product-as-a-service company. The move could create up to 12 “highly specialized” software engineering jobs in the next three years.
MORE
Inland Port
By Rail & Truck, Dallas’ Inland Port is at the Crossroads of Commerce, Logistics
by | Nov 26, 2018
Years in the making, Mike Rader's vision for an intermodal mega-center in southern Dallas County has come to fruition. Best of all, it's thriving.
MORE