In a recent survey of big cities, Dallas leads the nation in vacant land.
put Dallas at the top of the vacant property list with 90,739 vacant acres. Fort Worth was second among big cities with 74,835 vacant acres.
Some people may see the vacant space as a sign of stagnation or decay. But Dallas boosters see it as opportunity for new development in the booming North Texas region. Some of the downtown surface parking lots are places where buildings once stood that have been waiting for years to support new structures.
In Uptown Dallas, very few surface parking lots remain, with big new development towering over everything. “While we wish that every lot in Downtown Dallas was absolutely perfect today, we see it as a unique opportunity,” said Jennifer Scripps the president and CEO of the business groupTwenty years ago, many downtown buildings were vacant. Now, they’ve all been put to new use, so the parking lots are next.“We know of six major projects already in the pipeline, so most of these parking lots are already spoken for,” Scripps said.
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