Unique West Elm Dining Room
West Elm Dining Room
Dallas has long been one of the premier locations for office space and running all types of companies. The city center’s skyline is one of the most recognizable among American cities, and the city has a history of erecting architecturally interesting skyscrapers. Currently, this is also one of the best and safest times to rent office space in Dallas because of the bad economy. Rates in the Central Business District dropped, hovering around $ 21 per square foot. The main factor at low rents is a high vacancy rate of about 25% in the CBD. As a result, and coupled with the scarcity of available financing, there is hardly any construction activity at present, with little progress going on in remote areas, such as the Park Line Project, the development of 33.5 acre usage mix, $ 750 million which will cover 750,000 feet square office space and approximately 700,000 square feet of retail commercial property.
The project is open gradually, beginning in late 2009 and continuing through 2011. One project in the CBD is the new Convention Center Hotel, a hotel with a thousand rooms scheduled to open in 2011. Part of the city plan to revitalize the city center, it is expected the hotel will begin additional construction in the dining and entertainment areas. However, there are many projects that are still in the planning stage or waiting until the financing increases. These include 57 storey towers (1900 Pacific), a 30-storey office building in McKinnon, and a 20-storey office building in McKinney. Park Seventeen, a 19-storey office building, is scheduled for completion in late 2009 or early 2010. In addition, there are several residential and mixed use buildings proposed for the area. Overall the local economy has been decent compared to the rest of America, and by way of executive suites is another option to save $.
To find prices for office space in Dallas, check our listing. We also have commercial properties for rent or rent in the following areas: Arlington, Beltline, Benbrook, Carrolton, Duncanville, Decatur, District, Ellum, Grand Prairie, Irving, Frisco, Garland, Keller, Mckinney, Mesquite, Metro, Northwest, Preston, and Richardson. Dallas has a population of 1.28 million, and has increased by 7.7% since 2000. Residents enjoy a living cost of 91.8, slightly below the national average and other Texas cities such as Houston, Austin and San Antonio . The unemployment rate is currently at 7.3%, while employment growth is 3.7% negative. The crime rate has declined steadily from 857 in 2000 to the current level of 696.
West Elm Dining Room
Attractions in downtown Dallas include the West End Historic District, a renovated area that is home to many clubs, shops and restaurants and is a great place to rent office space or suites in Dallas. The nearest location will include facilities and even room options, along with a good monthly or 12 month rental option. Many special events are scheduled each year in the West End, such as the Taste of Dallas festival every July. Deep Ellum (along Elm Street) is another historic area that is home to several restaurants and clubs. The State Fairgrounds are on the outskirts of the city center, and feature several museums and exhibits open all year round, such as the Aquarium and Hall of State.
The building represents some of the best examples of Art Deco that still exist. If you’re looking for news in other big cities, check out our commercial real estate article. Professional sports are represented in the area by Dallas Cowboys NFC, NBA Dallas Mavericks, Major League Baseball’s Texas Rangers, and National Hockey League’s Dallas Stars. Six Flags in Texas are located near Arlington, about half way between Dallas and Fort Worth, with Hurricane Harbor (water park) located just across the street. For more details and history in the office space and Dallas in general go here.
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