economic development

‘Knowledge Clusters’ Are About to Fuel DFW Life Sciences Growth

by | Nov 9, 2020
Pharma relocations, venture capital, and $6 billion in the State of Texas CPRIT Fund are priming North Texas to be a life sciences mecca, says Transwestern's John Huff.
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Healthcare Real Estate Caught a Huge Case of COVID. But Its Future Prognosis Is Positive, Says Caddis’ Lance Hardenburg
by | Nov 9, 2020
The prescription: Federal assistance and rent relief. The cure: Healthcare is one of the industries showing the quickest, strongest recovery.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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‘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.
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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.
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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.
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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.
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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.
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