economic development

As Hotels Struggle with COVID, Marcus & Millichap is Finding Investor Opportunities

by | Nov 9, 2020
Chris Gomes, the firm's senior managing director of investments, recently helped investors close nearly a half-dozen hotel transactions, enabling buyers to capitalize on an impending SBA incentive deadline. It's been our "most exciting two weeks since April," he says.
MORE
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

Multifamily Has Faced Multi-Challenges in 2020, But DFW Is Emerging With Renewed Strength

by | Nov 9, 2020
For years, apartment starts boomed across DFW. Then came the pandemic slowdown. Expect our region’s dynamic growth to get us back on track, says Streetlights' Tom Bakewell.
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

CitySquare is Building “a More Equitable Future” for Dallas by Creating Affordable Housing—and Showing How Real Estate Professionals Can Help Drive Change

by | Oct 27, 2020
From tiny homes and modern shipping container housing to job training, healthcare services and a food pantry, CitySquare is turning poverty into hope.
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

Site Selection Group Partner Sums Up the DFW Commercial Real Estate Market in 8 Words

by | Oct 6, 2020
Here's what Lee Wagner had to say about Dallas-Fort Worth's CRE market. The partner of corporate relocation services talks trends, opportunities, and pandemic-proof sectors.
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