Dallas and Fort Worth separate economic and population stats (Katy: vs, eat)

[happycrow]

Irving revolves around the airport and its Las Colinas business district (which is, again, tied to the airport).

[dollaztx]

Originally Posted by kdogg817

Well, office activity has never been a Fort Worth strong point. The Dallas side of the metro area has always led that category. The Fort Worth area has a very low office vacancy rate compared to Dallas being over 20%. Because Downtown Fort Worth office vacancy rate is around 6% one could reasonably assume that office development will be on the rise in the near future. IMO the Dallas side of the metro has a over built office market. When the Fort Worth side of the metro does decide to build more office space to anticipate growth it could throw the DFW metro office vacancy rate back over 30%, due to Dallas over built market.

Office vacancy's in DFW are under 18% right now, the lowest in more than a decade. The business district's in North Dallas and beyond are under 10%. When Fort Worth starts building more office it will be much needed, but I don't think it will push vacancies above 30%.

D-FW office leasing rises in 2013 as vacancy falls to decade low - Dallasnews.com

Dallas has second highest U.S. office leasing in 2013 - Dallasnews.com

[Exult.Q36]

Originally Posted by dollaztx

Office vacancy's in DFW are under 18% right now, the lowest in more than a decade. The business district's in North Dallas and beyond are under 10%. When Fort Worth starts building more office it will be much needed, but I don't think it will push vacancies above 30%.

D-FW office leasing rises in 2013 as vacancy falls to decade low - Dallasnews.com

Dallas has second highest U.S. office leasing in 2013 - Dallasnews.com

Thanks for the informative info.

[PeopleAreStrange]

Originally Posted by AfroAmericanofColor

Concerning the city of Irving, the urban district of Las Colinas is already challenging downtown Fort Worth in size.
The city of Plano is surrounded by numerous business districts (corridors). And Richardson, Addison, Farmers Branch, McKinney, and Frisco aren't your typical suburbs as they each have major corporations based in them. Also add Allen, Carrolton, and The Colony to that. All told, there are eight suburbs surrounding the city of Plano not even including a portion of far North Dallas.

Just because a city has corporations and business clusters does not mean it's not a suburb of another city.

Except for Fort Worth, all of those cities are suburbs of Dallas, and would be small towns in the middle of nowhere without Dallas (assuming they were to exist at all).

Originally Posted by TheOverdog

Plano has the equivelent of a CBD (N Dallas Tollway Parker to Legacy) that employs more people and has multiple times more office space than the CBD in downtown Ft Worth. Look up TransUnion reports for population and office space sq footage.

Can you post a link? Their website is confusing to navigate.

BTW, those corporations in Plano are spread out in suburbia, and Fort Worth has areas like that too (think Centreport and Alliance). Plano has the equivalent of those, not Downtown Fort Worth.

[PeopleAreStrange]

Originally Posted by happycrow

Irving revolves around the airport and its Las Colinas business district (which is, again, tied to the airport).

Any chance you could tell me which two cities are the reason that DFW airport exists?

[JJG]

Originally Posted by PeopleAreStrange

Can you post a link? Their website is confusing to navigate.

BTW, those corporations in Plano are spread out in suburbia, and Fort Worth has areas like that too (think Centreport and Alliance). Plano has the equivalent of those, not Downtown Fort Worth.

My hope for that area is that it evolves into an actual city, not just suburbia Fort Worth with a name.

[Aceraceae]

Originally Posted by PeopleAreStrange

Just because a city has corporations and business clusters does not mean it's not a suburb of another city.

Except for Fort Worth, all of those cities are suburbs of Dallas, and would be small towns in the middle of nowhere without Dallas (assuming they were to exist at all).



Can you post a link? Their website is confusing to navigate.

BTW, those corporations in Plano are spread out in suburbia, and Fort Worth has areas like that too (think Centreport and Alliance). Plano has the equivalent of those, not Downtown Fort Worth.

I would like to see the link too. Love demographic type things, but getting moved here may kill this thread.

[18Montclair]

Originally Posted by kdogg817

The link below shows DFW metro stats separately. It's very interesting data.
http://bizbeatblog.dallasnews.com/fi...FW-outlook.jpg

http://bizbeatblog.dallasnews.com/fi...FW-outlook.jpg
Economist Ray Perryman forecasts healthy growth for Texas and Dallas-Fort Worth through 2018 | Dallas Morning News

Many MSAs with more than 2.5 million people are divided up into Metro Divisions, prior to 2001 they were called PMSAs, which is what we all were before MSAs.

Dallas was separate from Ft Worth
New York was separate from Newark
San Francisco was separate from Oakland
Los Angeles was separate from Orange County

etc.

However, you can still look up data by Metro Division at the Census, BEA, BLS and many other govt statistical gathering websites.

[Exult.Q36]

Originally Posted by JJG

My hope for that area is that it evolves into an actual city, not just suburbia Fort Worth with a name.

Alliance I think will start developing more like a miniature city within a city. The alliance corridor is already the economic engine of Fort Worth and if it was it own city it would be the 7th largest city in North Texas and the 14 largest city in the state.




Interstate 35W motorists will notice AllianceTexas’ new six-story office tower, the future home of the Federal Aviation Administration regional office and 1,600 employees.
The entire project offers 357,214 square feet of space, AllianceTexas’ biggest move yet into the quality office market. Eventually, the tower will grow to include an entire office park with towers and trails.
The FAA Tower adds to what will become the AllianceTexas skyline. A three-story building, Hillwood Commons, is also planned at Alliance Town Center.
“It’s going to change the whole perspective of I-35[W] as you drive up and down,” Berry said.

Read more here: AllianceTexas, Hillwood stacking up the successes | Editorials | Fort Worth, Arlington, North...

[Trae713]

Lol, six and three story office buildings. thats like what's going up way out in Katy. It's something though and I'm happy for FW.