Who's got the skyline now?

[mm4]

The parking is there, certainly. The Crescent alone was a mammoth excavation. New always trumps the long-in-the-tooth in Class A. Mid rise in "Uptown" is the understated preferred address. Another thing that's offbeat is that much of what's infilling the new north side of downtown Dallas is substantially tall residential.

What's weird is Dallas is one of only a handful of cities that are concentrating such massive new growth contiguous to an aging CBD. Houston is not; any new high-rise is still way on the outskirts there (and there isn't much).

Dallas and Houston always had more or less the same size CBDs before this.

[J800]

Originally Posted by dollaztx

That graph was released on Apr 2013 but I can't find what date range it was for. New downtown Dallas office tower profile has a lot of red ink | Real Estate | Dallas News

http://www.dallasnews.com/business/r...-holes-to-fill

[Johnhw2]

Progress yes but that's a lot of vacancy DT. I'm underwhelmed by office performance in DT Dallas. The void in strong growth and density and offices to the south of DT hurts DT. The focus and activity north of DT is great but continues to move north to rather than promote DT office demand.

[mm4]

Originally Posted by Johnhw2

Progress yes but that's a lot of vacancy DT. I'm underwhelmed by office performance in DT Dallas. The void in strong growth and density and offices to the south of DT hurts DT. The focus and activity north of DT is great but continues to move north to rather than promote DT office demand.

I'm underwhelmed by Lower Manhattan's high office vacancy rate. I guess that's why those mid- and late-century Wall Street office properties too are being adaptively reused as apartments.

[mm4]

Originally Posted by Johnhw2

Progress yes but that's a lot of vacancy DT. I'm underwhelmed by office performance in DT Dallas.

I'm underwhelmed by Lower Manhattan's high office vacancy rate. I guess that's why those Water Street and neighboring properties too are being adaptively reused as apartments.

Originally Posted by Johnhw2

The void in strong growth and density and offices to the south of DT hurts DT. The focus and activity north of DT is great but continues to move north to rather than promote DT office demand.

Do you know of a reason for a Class A office or residential developer to turn soil south of downtown Dallas?