Dallas Leads Nation in Potential for Business District Development

The true essence of the American economy lies in the value each one of the businesses its great cities provides. The diversity of businesses every region of the United States offers has enabled these cities to contribute to the economy in their own unique ways.

A recent study by CommercialCafe looked at 25 different metropolitan areas across the country and examined how much undeveloped land remains within their respective central business districts (CBD) and highlighted the economic and social impact properly developing this land to better fit the needs of the surrounding community can have.

Among the 25 surveyed cities, Dallas ranked as the metropolitan area with the largest amount of undeveloped land within their CBD, logging an incredible 86 cumulative acres. Investors and builders have taken advantage of favorable real estate markets Texas has to offer and have built more than 8 million square-feet of property in the past five years in Dallas alone—second only to New York City. Dallas ranked 4th on Business Insider’s list of cities with exceptional economic growth in 2018.

Another reason for Dallas’ economic success is its favorable real estate market. Part of the CommercialCafe study surveyed more than 1,500 individuals living and working in these districts, inquiring about what they want from building development in the future. The overwhelming majority of respondents chose housing. The homeless problem in America is getting worse—rising for the first time since 2010, and cities continue to struggle to find the right answer to fix it.

Dallas’ housing market ranked 2nd in Realtor.com’s annual National Housing Forecast, primarily due to the strong economy the city has built. There are astounding economic gains that cities provide to the greater economy that directly result from how cities and builders utilize their building space. Dallas/Fort Worth builders and investors will continue to lead as an example throughput the nation as more development continues to take place.

Follow us on social media for the latest updates in B2B!


super bowl ad
Super Bowl LVII Ad Spots Sold Out. Why Did It Take So Long This Year?
February 6, 2023

Patrick Rishe, Host of “Suite Talk: The Business Behind Sports“, takes a look at the 2023 Super Bowl ad trends. An uncertain economy is one of the biggest factors as to why it took companies so long to buy out the ad spaces for this year’s Super Bowl. Not to mention we have seen nothing […]

Read More
Thoughts About Pro AV’s Path Forward in ’23
February 6, 2023

Can we take a second and acknowledge how impactful Gina Sansivero and Brandy Alvarado-Miranda are for our industry? … I had a chance to sit down with BOTH of them to break down some of the hottest trends from ISE this year, but also to dive deeper into the conversations and challenges that are […]

Read More
home intelligence
How Have Home Intelligence and Automated Shading Solutions Improved Home Energy Efficiency and Comfort?
February 6, 2023

On today’s episode of the Draper at Home podcast, host Michelle Dawn Mooney, speaks with Scotty Allen, the Chief Operating Officer of Josh.ai, Maryellen Oswald, Custom Integration & Partnerships Channel Manager, Somfy USA, and Tyson McDonald, Director of Business Development, Motorized Solar Solutions for Draper, Inc., to talk about how the effect of home intelligence […]

Read More