The Economist Says Dallas is Back and Booming, But Are We Changing For The Better?

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Dallas has built several new structures using public-private funding partnerships, but are we neglecting our infrastructure for more sexy expenditures?

Dallas has built several new structures using public-private funding partnerships, but are we neglecting our infrastructure for more sexy expenditures?

I went to to the same New Cities Summit that Economist blogger “A.B.” went to, but I had a much different takeaway. Maybe that’s because I live here, or because I’m jaded, or because I’ve seen how Dallas works, but I can’t do much more than give a slow nod to the blogger’s “Prime Time” post on the magazine’s Schumpeter blog.

You see, and I pretty much spelled it out in my post dissecting and recapping the “Dallas: A Case Study” panel from the first day of the summit. Here’s what A.B. gleaned from that session:

ONE of the first things Veletta Forsythe-Lill recalls from driving through Dallas 30 years ago was the “atrophied downtown”. A former city councilwoman, Mrs Forsythe-Lill remembers vacant land, empty buildings and desolate sidewalks. That was at the beginning of Dallas’s downturn, when office towers emptied out and most retailers followed their consumers to suburban shopping malls (apart from the Neiman Marcus at the corner of Main Street and Ervay Street, which has been there for a century).

At a recent New Cities Summit it is clear that the old Dallas is fading into a distant memory. Today the downtown of America’s ninth-most populous city has thriving museums, performing-arts spaces, a green market, restaurants and innovative retailers that are bringing people back to its pavements. Detroit, Kansas City and Cleveland may be struggling to reinvent themselves, but Dallas has prospered, not only because of its oil wealth and low taxes, but also because the city and private-sector developers and investors have combined their efforts.

But what A.B. missed was actually walking the streets of downtown, actually taking the time to see what life is like in Dallas outside the small bubble of the Arts District. Walk to the Farmer’s Market via Harwood Street, past Main Street Garden, all the way to the Farmer’s Market area, and what you’ll see 90 percent of the time are surface parking lots, pot holes, and empty sidewalks. Why? Because there’s nothing there to attract street-level activity. The roads of downtown become impossible after 4 p.m., and at 6 they become desolate. While we sell bonds to finance new convention center hotels that will host only transient populations of visitors, real change fueled by neighborhoods and new ideas are balked at.

We don’t have the money for them, it is said. But why not?

But what we really need to remember is that when we’re building new structures or renovating old ones, that no matter how much private money or public money, or the combination of the two are invested into that building, we need to fund the infrastructure the serves it. It bears remembering the words former Dallas city councilwoman Ann Margolin shared with me just after the panel:

After the panel, I managed to get a few moments with former city councilmember Ann Margolin. I wanted to know who had a hand in transforming Dallas that wasn’t on today’s panel. She said that the Communities Foundation of Texas has worked hard to serve those in poverty, but that’s not really what was missing from today’s discussion on Dallas’ transformation. It’s what we’re not doing so well that we need to shed light on, so that we can transform all of our city for the better.

“I want us to be careful that we only build things we can afford to maintain,” Margolin said. I think my head was nodding so vigorously as she said this, she probably thought it would pop right off. In a time where we have to choose between maintaining services at our overtaxed animal shelter or whether to maintain our jail and pay our police and firefighterskeep our libraries open, and fix our roads, we’re building new parks and new bridges while the existing ones crumble.

“My property taxes —my property valuation — went up this year, so I’m paying more taxes, and they tell us that we’re still $30 million in the hole? How does that happen?” Margolin asked.

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Joanna England is the Executive Editor at CandysDirt.com and covers the North Texas housing market.

7 Comments

  1. Wylie H. Dallas on July 10, 2014 at 8:56 pm

    It is ironic that you use a photo of the 100% city-owned and heavily taxpayer subsidized Omni Hotel to illustrate “public-private funding partnerships.” This was 100% taxpayer funded….. socialism at its best…. part of Tom Leppert’s vision of massive, government-directed development during his reign as one of the most free-spending leaders this town has ever seen.

    • Candy Evans on July 11, 2014 at 1:07 am

      But isn’t it making money for the city?

      • Robert on July 14, 2014 at 7:38 am

        It’s making money? Says who? What’s the status of its debt load?

  2. Candy Evans on July 11, 2014 at 1:56 am

    Yeah, how does that happen? Silly lawsuits by past mis-management and mayors who shunned development like it’s the plague. At a recent meeting in Preston Center — the “secret meeting” he and Laura Miller arranged to battle progress in Preston Hollow, former City Councilman Mitchell Rasansky said he did not support development at Preston Center because he feared serious traffic problems on Northwest Highway. Well I have news for you: traffic is terrible right now. According to someone at that meeting, he said :”search all the public parks, we’ll never find a monument to a developer.”
    No, but we’ll find Cowboys Stadium in Arlington, and a lot of tax revenue out there!

  3. Bill on July 11, 2014 at 10:29 am

    I’ve got to tell you…Dallas has lost a little bit of it’s luster (at least for me)

    Yes it is booming, but I feel like it has lost some of it’s uniqueness.

    Everywhere you go it is chain, chain, chain. I was just telling a friend how NorthPark (for example) used to be a must when visiting Big D — now I avoid it because it has become a Galleria knock-off.

    Highland Park Village is simply out-pricing a HUGE segment of the population and is now eliminating some of the more “old school” elements of the center.

    Simply put, I feel like Dallas is sliding into the kind of soulless concrete-jungle category that includes places like Miami, Los Angeles, and New York.

    The same can be said of Austin, too. The “genuine weirdness” has been eroded, replaced with contrived, hipster-created “quirkyness.” The rest of the city has been over-run with the kind of traffic congestion that used to be reserved for places like Houston. The rents are spiraling out of control, and many of the young-urbanites who used to flock to the city are quickly finding themselves out priced by the housing market.

    Maybe I am biased, but I am loving life in Oklahoma City. Our downtown is BOOMING — something like 110 new projects happening in downtown OKC alone. The economy is incredible — the lowest unemployment rate of any large city in the US (tied with Austin at 3.8%) and our housing is still affordable. We haven’t been devoured by chains — local is still king — and there are TONS of urban-revitalization efforts happening in historic neighborhoods throughout the city.

    • Cheryl Tredway on July 12, 2014 at 1:27 pm

      I agree! We love it here in the OKC metro and there are a lot of great things happening here.

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