Is Goldman Sachs targeting a big new development near downtown Dallas?
Goldman currently has office space in Dallas at the Trammell Crow Center downtown, where it moved in 2018 and houses more than 330 employees. Sources say the company is looking for at least 1 million square feet for its new Dallas campus—about half the size of its 2-million-square-foot global headquarters in Manhattan.
What is the big green building in downtown Dallas?
Bank of America Plaza
Bank of America Plaza has had five names since opening on Main Street 30 years ago. But mostly, it’s known as the green building. The 72-story icon of the Dallas skyline has a storied past as tall as the building.
Why is Dallas real estate so expensive?
Dallas’s population has grown at twice the national rate for years now and this pushes the prices of Dallas investment properties higher due to builders not being able to keep up. Dallas home prices have been on the rise in the last 10 years.
Will housing prices drop in Dallas?
North Texas’ housing market is experiencing a record year for both sales and prices. But don’t be surprised if the pace of housing gains slows in 2022. While home costs in the Dallas-Fort Worth area are up by about 17% in 2021, price increases will likely average just under 5% in the year ahead, predicts Dr.
How many people work at Goldman Sachs Dallas?
2,000 employees
Goldman Sachs has more than 2,000 employees in the Dallas-Fort Worth area.
Why is Dallas blue tonight?
Dallas skyline glows blue tonight for International Day of Peace. Reunion Tower reads “Peace.”
Why is the Bank of America building in Dallas blue?
To kick off National Suicide Prevention Week, Bank of America Plaza in downtown Dallas will change their classic green lights to blue and… The lights can be viewed from all over Dallas beginning at sundown.
Is now a good time to sell a house in Dallas?
Texas employment rate experienced a slight rise in 2021, indicating a good time for selling a house in Dallas. It takes about 30-60 days to sell your house, so you’ll want to list in spring to catch that summer bandwagon.
Why is real estate booming?
The improving economy and the approaching peak homebuying years of millennials are driving a residential housing boom. Housing supply is now at its lowest level since the 1970s, due to millennial homeownership and other factors such as rising building prices and real estate speculators snapping up starter homes.
Why is rent so expensive 2021?
Average rent growth this year is outpacing pre-pandemic levels in 98 of the nation’s 100 largest cities. Rent is surging for a number of reasons, including more certainty in the job market and young people moving out on their own as pandemic restrictions end, says Nicole Bachaud, a market analyst at Zillow.
Is Dallas a finance hub?
Today, Dallas serves as the business and financial services center for the state and has evolved into a major high-tech hub. Dallas has become a popular migrant destination, attracting residents from abroad as well as from other states.
Where are the new developments in downtown Dallas?
The three huge developments on the drawing board would gobble up almost 40 acres in the downtown area. The projects include Hunt Realty’s 11-acre North End development, the Newpark district planned south of City Hall and the Field St. District on the edge of downtown’s West End.
Where is the north end development in Dallas?
The planned North End redevelopment on the northwest edge of downtown Dallas will include four skyscrapers and a lush urban park. (Kohn Pedersen Fox ) The COVID-19 pandemic has proven no match for Dallas’ real estate development ambitions.
Who are the developers of Newpark in Dallas?
(Merriman Anderson Architects and Pickard Chilton) Newpark is a 20-acre mixed-use development planned along Canton Street between Dallas City Hall and the Farmers Market. Developers Hoque Global and Lanoha Real Estate of Omaha hope to start the five-block project with construction of a 38-story office, retail, hotel and residential tower.
What are the biggest real estate deals in downtown Dallas?
Garrett said that until recently, the biggest real estate deals downtown have been redevelopments of existing buildings, including the First National Bank tower, Statler Hotel and other landmark buildings. “Over the last 20 years, we’ve been focused on adaptive reuse of buildings,” Garrett said. “This is where downtown is headed next.”