Pegasus

10-20 stories I would consider mid rise. 20+ stories I would consider a skyscraper.

This post is an amazing contradiction which begs to question what your real prejudice is. It the article you post, the title of the article alone contradicts your statement of over 25% vacancy rate! "Dallas Office Vacancy Dips Below 18 Percent" is the title of the article. "With 26.9 percent of the space empty, downtown Dallas had the highest central business district vacancy among the more than one dozen cities CBRE surveyed." Ok, let's examine this specific quote. When examining a sentence it is good to thoroughly analyze the usage of words. You know, semantics. At first glance this statement alone seems to contradict the entire article. However, be not deceived. Look for key words. The key word here is "had". "...downtown HAD the highest.." "Had". Had is a past tense word. It is not present it is past tense. So this percentage is an old number. You do realize that one of the busiest transcontinental rail lines in the US runs straight through DFW, right? And elaborate on what you mean by the 7 of the 8 busiest rail lines. Is that subjective to certain companies? There are only about 5 Class I railroads in the US. Three of which run trains into Dallas: Union Pacific, Burlington Northern Santa Fe and Kansas City Southern. The UP and BNSF being the two largest systems in the US and Canada. The Union Pacific has its massive ship container rail yard in Hutchins and the BNSF is in talks about opening a container rail yard in Dallas as well. Massive growth in population is taking place in Dallas. DFW is the sixth most popular moving destination in the country. That is one of the reasons why there are massive billion dollar upgrades taking place with both Fort Worth and Dallas' freeway networks. The Horseshoe Project and the LBJ expansion as prime examples. Dallas is changing into a world class city. DART is the largest light rail network in the entire United States and there are more plans for its expansion. DART now runs a train straight to DFW. Another major development is the growth of warehousing, another reason why the city is becoming a central logistics hub for the US.Within the U.S., 79 markets can be reached overnight from Dallas/Fort Worth by truck or rail. And the Metroplex puts you right in the geographic center of the North American continent’s four major business centers: New York, Los Angeles, Toronto and Mexico City. The Dallas/Fort Worth Metroplex is one of the largest points of distribution and logistics in the United States and has become the premier supply chain and logistics center for the entire Western Hemisphere. Since the passage of NAFTA, the D/FW Metroplex’s trade to Mexico and Canada has more than doubled to $2.3 Billion. This is in large part due to the fact that the Metroplex has the logistics infrastructure to serve Mexico and its population of more than 100 million people. Interstate 35 - often called the “NAFTA Superhighway” - is the perfect conduit from Mexico through Texas to Canada. DFW International Airport is the third busiest in the U.S. and the sixth busiest in the world. LOL Troll harder Dallas hater.

Wrong. Dallas' vacancy rate is not over 20% as you claim. It has dropped to 18% and leasing has jumped five times what it was last year. Not to mention major corporations are moving to Dallas from left and right. Companies that include Charles Schwab and Toyota. This whole "vacancy" argument you guys keep pulling hasn't the merit it once had. Things are changing. Get over it. Get over yourselves.

From the Dallas Morning News: "...And a new report by commercial real estate firm JLL says that the central business district leads the area in net office occupancy gains. Expanding and relocating tenants leased about 558,000 square feet of office space downtown through the third quarter of 2014, according to preliminary data from JLL." "So far in 2014, net office leasing in the Dallas area totals 1.75 million square feet, according to JLL." "Overall office vacancies in the Dallas area have dropped to 19.5 percent, the lowest level in more than a decade." According to Forbes Dallas is the fourth fastest growing city in the US. Houston is one of the fastest as well. Leading as number 10. I would also like to point out that Dallas, thanks to the DFW airport and the massive Union Pacific railport Dallas is becoming the central logistics hub of the entire North American continent. Massive investment from all over the world is pouring into the city and, instead of building tall in the past two decades, the city did the smart thing and has been renovating and upgrading its current buildings. Dallas is also leading in office job growth as number two behind New York! Suck on that!