The allure of the Dallas-Forth Worth (DFW) market continues to make it one of the top corporate destinations in the country.
This past year, DFW ranked number one in the nation in raw population growth. Specifically, an average of 328 people per day were added to the DFW fold, which equates to approximately 119,748 more residents this past year.
This is truly an incredible stat and reflects the fact that the consistent, historical growth of DFW shows no signs of changing course. The cost of living, tax benefits and incredibly convenient location — directly in the middle of the Central Time Zone allowing for a three-hour flight time to anywhere in the continental United States — are second to none.
The vast majority of new, Class A office transactions, including relocations from other states, have landed in new office developments in Irving, Uptown Dallas, the greater Legacy/Frisco area, Allen, and Cypress Waters along LBJ Freeway. This begs the question — why is the Fort Worth area not front and center for these deals?
Stream’s Chris Doggett says Fort Worth is on the cusp of seeing several best-in-class office developments, which will soon change the relocation trends. Click here to read more from Doggett who is featured in Texas Real Estate Business at REBusinessonline.com.