The century-old Purse building on the west end of Downtown is being renovated after nearly two decades of vacancy.
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Its clear that most young people in Dallas want to own a single family in the suburbs but also want access to conveniences of city life.
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A project proposed last year could see the area between city hall and I-30 transformed into a “Smart District” with a 78 story tower, which if built, would be the tallest in Dallas.
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Dallas is booming right now. There are so many people moving to Dallas in 2017 that you almost can’t build apartments fast enough. Massive buildings that are supposed to take 18 months or more to stabilize are doing it in just under a year. Rents are going up and the job market has been on an upward climb for years now. Two things are almost guaranteed in this market, you can buy a house and watch it appreciate or rent an apartment and watch your rent increase.
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