jobs

The Dallas-Fort Worth metro came in fifth in a ranking of best travel destinations in the U.S. (Courtesy WalletHub)

Texas will add almost 300,000 jobs this year according to the Dallas Fed, the Offices Two at Frisco Station topped out recently, and DFW ranked fifth overall in a recent ranking of best summer travel destinations. We have details in this week’s roundup of real estate news.

Texas Will Add 294,100 Jobs In 2019, Dallas Fed Says

Texas will add 294,100 jobs in 2019, the Federal Reserve Bank of Dallas forecast recently. Texas employment will jump by 2.3 percent, reaching 12.9 million by December 2019. (more…)

An artist rendering of the Town Center of Frisco Station. Photo courtesy of city of Frisco.

An artist rendering of the Town Center of Frisco Station. Photo courtesy of city of Frisco.

More big news for Frisco as the Rudman Partnership, Hillwood Properties, and VanTrust Real Estate sign on the dotted line for the development partnership of Frisco Station, a $1.7 billion deal.

This 242-acre mixed-use development will be located along the Dallas North Tollway, north of Warren Parkway. It will surround the Star, the headquarters and training facilities for the Dallas Cowboys.

The development package outlines plans for 4 million square feet of office space, 2,400 multifamily residences, restaurants, entertainment venues, medical and wellness facilities, industrial space, and public parks and open spaces. The initial phase of development is expected to start in 2015. (more…)