Uptown Dallas may be too expensive for some office tenants, but its rising prices are forcing neighboring office markets to redevelop and renovate downtown.
Office-to-residential conversions in the Central Business District are expected to reduce the submarket's vacancy and drive more traffic to downtown retailers.
Those with close ties to the project discussed its merits at an Aug. 23 Bisnow event.
Panelists at a June 15 Bisnow event discussed how to avoid urban planning mistakes of the past when implementing Dallas' $3B convention center redo.
DDI says it is tracking more than 20 active construction and development projects downtown.
Four major projects will sink billions of dollars into the area.
Progress depends upon stitching together the thriving nodes of Downtown Dallas by redeveloping pockets with surface lots, uneven sidewalks and no green space.
The Downtown Dallas that existed in 2000 is not much like the one of 2017. Here are four things that transformed Downtown, and four more that could do it again.
The Downtown Dallas office market is plagued with one of the highest vacancy rates in the nation at 28%, but the submarket has been transforming.
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