Mixed use developments are areas designed to blend residential, retail and office/commercial spaces in a pedestrian-friendly environment. And they’ve done very well in the Dallas area. In Uptown, the West Village opened in 2001, and has been booming ever since. Starting at 125,000 square feet, it will soon grow to over 250,000 square feet, with shops and entertainment and rubbing elbows with offices and condos. In Plano, the Shops at Legacy are a similar success. Its been estimated that some […]
NAIOP Economic Impact Report is Good News for Texas
The recent report by the Commercial Real Estate Development Association depicts a positive outlook for commercial real estate development throughout the United States, and for Texas in particular. According to the report, the commercial realty industry is growing at the quickest pace since 2011, with the figures projected to continue rising through 2015 at the very least. New construction expenditures in industrial, warehouse, office, and retail spaces posted increases in 2013, and the State of Texas is leading the pack […]