Texas Is One of Three States Vying for Bell Textron’s $429 Million Plant

Aerospace Giant Seeks State Incentives for Plant for Long-Range Assault Aircraft Originally posted by Candace Carlisle, CoStar News Aerospace manufacturer Bell Textron is considering a site in its North Texas hometown for a new $429 million advanced factory, the company said in a request for state incentives. The manufacturer is applying for a 10-year reduction […]

Texas Is One of Three States Vying for Bell Textron’s $429 Million Plant Read More »

National Bank Comerica To Close 27 US Locations, Lay Off 250 Employees

Decision To Trim Costs Comes on Heels of What CEO Calls ‘Disruptive Year’ for Financial Services Originally posted by Candace Carlisle, CoStar News National bank Comerica plans to close 27 of its U.S. banking locations spanning four states as well as lay off about 250 employees as it gets ready for what executives call an

National Bank Comerica To Close 27 US Locations, Lay Off 250 Employees Read More »

Walmart Expands Drone-Delivery Services in Dallas-Fort Worth To Reach Millions of Households

Expansion Gives Walmart the Largest Drone-Delivery Footprint of Any US Retailer Originally posted by Candace Carlisle, CoStar News Retail giant Walmart is expanding its drone deliveries the Dallas-Fort Worth area by expanding the service to up to 75% of the region’s population, serving more households by drone than any other U.S. retailer in a move

Walmart Expands Drone-Delivery Services in Dallas-Fort Worth To Reach Millions of Households Read More »

Developer With Texas Roots Nabs Tract for Speculative Industrial Hub

Constellation Real Estate Partners To Transform Fuel Terminal Originally posted by Candace Carlisle, CoStar News An industrial developer with deep roots in Texas is beginning work on its first speculative industrial park in the Dallas-Fort Worth region — in a move it hopes to replicate in the future. Constellation Real Estate Partners, a real estate

Developer With Texas Roots Nabs Tract for Speculative Industrial Hub Read More »

Telecom Giant Seeks To Relocate East Coast HQ to Either Texas or Florida

Frontier Communications Promises Return-To-Work if Deal Is Struck Originally posted by Candace Carlisle, CoStar News An East Coast telecommunications company is weighing the possibility of moving its corporate headquarters to either Dallas or Tampa, Florida, a move that could bring hundreds of full-time employees — many of whom are working at home — back to

Telecom Giant Seeks To Relocate East Coast HQ to Either Texas or Florida Read More »

Developer Preps $350 Million Mixed-Use Project in Downtown Dallas

Pacific Elm Properties Expects To Begin Office, Retail and Apartment Project Next Year Originally posted by Candace Carlisle, CoStar News A long-awaited two-tower project in downtown Dallas is getting closer to becoming a reality. Pacific Elm Properties, an affiliate of Woods Capital, has filed a state permit to begin work next March on a $350

Developer Preps $350 Million Mixed-Use Project in Downtown Dallas Read More »

One of Dallas’ Tallest Office Buildings Adds Sky-High Pickleball Court

Invited Unveils Facility for Fast-Growing Sport on Santander Tower’s 48th Floor Originally posted by Chad Littell and Candace Carlisle, CoStar News Invited, the largest owner-operators of private golf and country clubs, opened a pickleball court on the 48th floor of one of the tallest skyscrapers in downtown Dallas that an executive said is the “highest pickleball court

One of Dallas’ Tallest Office Buildings Adds Sky-High Pickleball Court Read More »

Labor Market Begins To Relent

Originally posted by CoStar News Predictions for a modest recession with possible job losses in 2023 have, so far, come up short. The labor market has held up stronger than expected, despite rising interest rates, a frozen housing market and slowing manufacturing activity. But that may be, at long last, starting to change. Firms added

Labor Market Begins To Relent Read More »

Aging Office Campus in Dallas Area To Be Transformed Into Life Science Hub

Originally posted by Candace Carlisle, CoStar News Alternative investment firm NexPoint has unveiled plans to develop a 200-acre life science hub at an aging office campus in Dallas-Fort Worth that once was home to self-made billionaire H. Ross Perot’s Electronic Data Systems. Dallas-based NexPoint said the four-phase project in Plano, Texas, is expected to eventually include

Aging Office Campus in Dallas Area To Be Transformed Into Life Science Hub Read More »