{"id":1004555997,"date":"2021-11-10T01:58:47","date_gmt":"2021-11-10T09:58:47","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004555997"},"modified":"2022-12-09T01:59:19","modified_gmt":"2022-12-09T09:59:19","slug":"dallas-fort-worth-market-update-a-constant-pipeline","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dallas-fort-worth-market-update-a-constant-pipeline\/","title":{"rendered":"Dallas-Fort Worth Market Update: A Steady Pipeline"},"content":{"rendered":"<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004545005\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/phoenix-market-update-slow-and-steady-development-progress\/market-update-resized\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg\" data-orig-size=\"1200,930\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Patricia Todoran&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1497549143&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Market-Update-resized\" data-image-description=\"&lt;p&gt;Office Sales Update Q2&lt;\/p&gt;\n\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?w=1024\" class=\"wp-image-1004545005 size-medium alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?w=300\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg 1200w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?resize=768,595 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/07\/Market-Update-resized.jpg?resize=1024,794 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Office construction across the Dallas-Fort Worth metro went calmly on in September, according to CommercialEdge. The Metroplex had nearly 5.4 million square feet of office space under construction, representing 2.0 percent of stock, 40 basis points below the national figure. The total pipeline, which also includes planned projects, amounted to 9.1 percent of stock.<\/p>\n<p>Developments will add various types of office space to the metro\u2019s inventory, with some 3.1 million square feet being slated for completion in the fourth quarter of 2021. The most active submarket, Uptown\/Oak Lawn, will contribute 1.6 million square feet, followed by Las Colinas, with nearly 840,000 square feet underway.<\/p>\n<p>September\u2019s only addition to the metro\u2019s office pipeline was a $250 million mixed-use development underway in Fort Worth\u2019s Cultural District. Crescent Real Estate <a href=\"https:\/\/www.commercialsearch.com\/news\/crescent-kicks-off-250m-fort-worth-mixed-use\/\">started construction<\/a> on the 1.3 million-square-foot Museum Place on an 11-acre site located near the Will Rogers Coliseum. Upon its 2023 completion, the project will include a 170,000-square-foot Class A office component, a 200-key boutique hotel and 170 luxury apartments, as well as 100,000 square feet of retail.<\/p>\n<p>In terms of planned projects announcements, some 1.4 million square feet entered the spotlight at CityLine, the 204-acre mixed-use development in Richardson, Texas. KDC intends to add three more office towers, dubbed <a href=\"https:\/\/www.commercialsearch.com\/news\/kdc-to-bring-more-office-space-to-2b-dallas-campus\/\">Five, Six and Seven CityLine<\/a>, at the intersection of the President George Bush Turnpike and Central Expressway. At full build-out, CityLine is slated to encompass 5 million square feet of office space, 3,925 multifamily units and two hotels, as well as numerous shopping and dining venues.<\/p>\n<p><em>CommercialEdge covers 8M+ property records in the United States. View the latest CommercialEdge national monthly office report <a href=\"https:\/\/www.commercialedge.com\/blog\/national-office-report\/\">here<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>More than 5 million square feet of office space is progressing, according to CommercialEdge.<\/p>\n","protected":false},"author":870,"featured_media":1004545005,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1586,21782,21742,21747],"tags":[51047,50674],"class_list":["post-1004555997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dallas","category-development","category-latest","category-office","tag-marketupdate","tag-commercialedge"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dallas-Fort Worth Market Update: A Steady Pipeline - 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