114 and 121 make up the regional corridor of North Texas (Dallas: waterpark, hotels)

[Yellow pool of piddle]

Seems every three to four years or so a new major regional development gets built across North Texas. These tend to get built either northwest or northeast of DFW airport along highways 114 and 121 respectively. The latest announcement proposed a few months ago is a waterpark to be located close to the Grapevine Mills Mall. The last development built was the Nebraska Furniture Mart.

Vista Ridge mall is located along this corridor and is said to be dead. However, it seems to have a location that is ideal. Anyway, this regional aspect is yet another level of retail in North Texas.

[mm4]

There is no regional corridor. It's all highly decentralized. That you spotted something on one of the highways means nothing.

[Yellow pool of piddle]

Originally Posted by mm4

There is no regional corridor. It's all highly decentralized. That you spotted something on one of the highways means nothing.

Stretching from the Texas Motor Speedway in Tarrant county to the Ikea in Frisco in collins county are many regional attractions. I was just pointing out that something new gets built about every three years. Again, like the recent announcement for yet another water park in Grapevine which is planned to be built close to Grapevine Mills Mall.

I will list all those regional attractions in the future.

[Stevehanrahan41]

Originally Posted by Yellow pool of piddle

Stretching from the Texas Motor Speedway in Tarrant county to the Ikea in Frisco in collins county are many regional attractions. I was just pointing out that something new gets built about every three years. Again, like the recent announcement for yet another water park in Grapevine which is planned to be built close to Grapevine Mills Mall.

I will list all those regional attractions in the future.

Of course you will

[Yellow pool of piddle]

Originally Posted by Stevehanrahan41

Of course you will

Have you ever heard of Deloitte University in Westlake? It cost 300 million to build, has 800 rooms, and was completed in 2011.

In the last twenty years, the Texas Motor Speedway, the Gaylord Texan Hotel and Convention Center, the Grapevine Mills Mall, and the Nebraska Furniture Mart were all built. The Texas Motor Speedway is already big time. The Gaylord Texan wanted to expand by 500 rooms, but was rejected. It is now in the process of expanding by 300 rooms. The Grapevine Mills Mall is still attracting resort hotels around it like the planned one I already mentioned. The Nebraska Furniture Mart is still building a development around it called Grandscape.

To go along with this regional development, a Great Wolf Water Park was built with 800 rooms in Grapevine. On a smaller scale, there is also an Ikea in Frisco, a Bass Pro shop in Grapevine, and a Cabela's outdoor shop in Fort Worth. All of these stores and attractions are regional and none of it existed twenty years ago.

Having established this, it is amazing how these developments just keep coming. As I said, something big seems to get developed about every three years. The almost dead mall of Vista Ridge in Lewisville is along 121, but it isn't located on the bypass.

These are just the regional developments that I am aware of. If there are others, please list them.

[mm4]

Originally Posted by Yellow pool of piddle

Have you ever heard of Deloitte University in Westlake? It cost 300 million to build, has 800 rooms, and was completed in 2011.

In the last twenty years, the Texas Motor Speedway, the Gaylord Texan Hotel and Convention Center, the Grapevine Mills Mall, and the Nebraska Furniture Mart were all built. The Texas Motor Speedway is already big time. The Gaylord Texan wanted to expand by 500 rooms, but was rejected. It is now in the process of expanding by 300 rooms. The Grapevine Mills Mall is still attracting resort hotels around it like the planned one I already mentioned. The Nebraska Furniture Mart is still building a development around it called Grandscape.

To go along with this regional development, a Great Wolf Water Park was built with 800 rooms in Grapevine. On a smaller scale, there is also an Ikea in Frisco, a Bass Pro shop in Grapevine, and a Cabela's outdoor shop in Fort Worth. All of these stores and attractions are regional and none of it existed twenty years ago.

Having established this, it is amazing how these developments just keep coming. As I said, something big seems to get developed about every three years. The almost dead mall of Vista Ridge in Lewisville is along 121, but it isn't located on the bypass.

These are just the regional developments that I am aware of. If there are others, please list them.

So? That's just piker stuff. There's another IKEA going up in Grand Prairie. Then there will be two.

Developments in the area are a dime a dozen.

[Yellow pool of piddle]

Originally Posted by mm4

So? That's just piker stuff. There's another IKEA going up in Grand Prairie. Then there will be two.

Developments in the area are a dime a dozen.

Thanks for the typical response. I'm not taking the trouble to post this information for you as it sounds like you are bored with life in general. But thanks. I really appreciate the thoughtful resonse. Thanks again. Take care. Thanks.

[Johnhw2]

You are focusing on the result not the cause. Jobs drive retail. Where there are jobs and people being added to the community population you see roof top driven retail appear, you are marveling at the retail result not focused on the jobs and population growth that drives retail.

There are destination point activities that act as disruptors in a good way for retail. You are marveling at some but not of those along this route. A disruptor additions bring people in to spend above and beyond the organic growth due to small steady job growth.

Watch what happens around Legacy West with the sudden addition of 15 to 20k new jobs next summer. Nebraska furniture is a disruptor as a destination shopping facility rather than just another big box retailer. Time will tell if Frisco's so called 5 billion dollar mile developments become disruptors. They are currently developer dreams more so than concrete job additions but with the Cowboys tract record the jobs will probably come to this area just in smaller bite size chunks such as the move from KC to Legacy West by the Van Tuyl Group (largest Nissan dealership owners nationally recently bought by Warren Buffet and moved to this area at his insistence). The Frisco developments are developer promoted not anchored by business jobs as Legacy west is. These type developments are a dime a dozen and few of them materialize as they are often just hype hoping to land a big corporate with jobs to bring to push things faster.

The Legacy West isnt going to be a surprise to anyone watching the cause, the big job adds were committed over a year ago. The organic growth in North Dallas Metro suburbs is driving a lot of what you see popping up.

[Yellow pool of piddle]

Originally Posted by Johnhw2

You are focusing on the result not the cause. Jobs drive retail. Where there are jobs and people being added to the community population you see roof top driven retail appear, you are marveling at the retail result not focused on the jobs and population growth that drives retail.

There are destination point activities that act as disruptors in a good way for retail. You are marveling at some but not of those along this route. A disruptor additions bring people in to spend above and beyond the organic growth due to small steady job growth.

Watch what happens around Legacy West with the sudden addition of 15 to 20k new jobs next summer. Nebraska furniture is a disruptor as a destination shopping facility rather than just another big box retailer. Time will tell if Frisco's so called 5 billion dollar mile developments become disruptors. They are currently developer dreams more so than concrete job additions but with the Cowboys tract record the jobs will probably come to this area just in smaller bite size chunks such as the move from KC to Legacy West by the Van Tuyl Group (largest Nissan dealership owners nationally recently bought by Warren Buffet and moved to this area at his insistence). The Frisco developments are developer promoted not anchored by business jobs as Legacy west is. These type developments are a dime a dozen and few of them materialize as they are often just hype hoping to land a big corporate with jobs to bring to push things faster.

The Legacy West isnt going to be a surprise to anyone watching the cause, the big job adds were committed over a year ago. The organic growth in North Dallas Metro suburbs is driving a lot of what you see popping up.

These regional attractions and retail centers are focused on DFW airport and the bypasses of 114 and 121. The Legacy West and 5 billion dollar mile developments focus on central Dallas and the North Dallas Parkway.

When looking at the dying mall Vista Ridge in Lewisville, its future doesn't seem very promising from the vantage point of I-35. However, it is well positioned along 121 for some kind of redevelopment.

In order to demonstrate the dynamics of North Texas as a retail center, I provided the example of Far North Dallas when it rose temporarily as the retail capital of north Texas. In an area of about a square mile, there were ten department stores with six of them luxury. There were four malls in this area with three indoor and one out. There was also fifty stores in this area in a district called The North Dallas Design District and over 175 restaurants in nearby Addison along with 4000 hotel rooms. The retail in North Texas is so dynamic that two of these malls have aleady been or are in the process of being demolished. All six of the luxury department stores have either been demolished or relocated.

In other words, investors are more willing to stick it out in North Texas because of how fast the surrounding market expands.

DFW airport has to be the number one market in the world pertaining to it being an airport city. I'm not talking about the traditional way of rating which involves counting passengers, but in the amount of the development built around the airport.

People are too office centric in their focus and get infatuated with the shimmering majesty of an empty skyscraper. In contrast to this view, downtown Southlake is all retail! It is just now building its first class A office building!

[octo]

Why is Nebraska Furniture a disruptor? It's not like IKEA which has unique items and fills the niche of cheap modern. NFM is just a huge melange of Ashley's, Rooms To Go, Haverty's, Freed's, Gardenridge and Best Buy.

Do they have anything unique that's worth the expedition up there?