What’s the Good News for September?

DHL3DHL expands in North Texas.  The shipping company just moved into its new 50,000-square-foot warehouse in Carrollton, adding 70 new jobs to meet demand for international commerce.  Now, the company has two facilities handling incoming and outgoing packages in North Texas. Greg Hewitt, CEO of DHL Express, said the company wants to make DFW Airport an international gateway for packages from as far away as Asia and Europe, and the company is in talks currently with DFW Airport customs officials.  The freight carrier also wants to open a third warehouse in Fort Worth, and they are currently searching for real estate to make that a reality.  DHL’s current facility in north Grand Prairie near DFW Airport was at capacity, prompting them to open the Carrollton facility. The new location off Interstate 35E is centrally located for their delivery routes in the eastern half of the Metroplex, Hewitt said.  DFW Airport is already a cargo hub which handled 829,019 U.S. tons of cargo and mail in 2016, up 12.7% from the previous year, according to the airport.

NICHE4North Texas fared well in Niche.com’s 2018 Best Public High School in Texas list. Niche.com, a website that analyzes neighborhood and schools data, recently released its 2018 Best Public High Schools in Texas list.  Of the top-100 ranked high schools in Texas, 38 are located in North Texas.  Frisco Independent School District had the most high schools on the list, with six.  And the best high school in North Texas? That distinction belongs to Dallas Independent School District’s School for the Talented & Gifted.  Carroll Senior High in Southlake ranked #12 overall, while Coppell came in at #14 and Flower Mound High at #26.   

Pecan Square Master Planned Development to begin construction later this year. The town of Northlake, along the Alliance I-35W corridor, is surrounded on three sides by the regional growth surge: Fort Worth to the south, Denton to the north, and Flower Mound/Argyle to the east.  Northlake is building - 6.jpgapproximately the same total size(32-square-miles) as the Town of Flower Mound to its east. Opportunities for future development are limited, however, because almost 1/3 of its land is in a floodplain, plus the existence of gas wells and distribution lines further limit future development.  Pecan Square is a Hillwood proposed mixed-use, master-planned development– made up of three tracts (Young, Gibbs and Thompson).  The proposed Pecan Square development will include a mix of commercial and residential uses with a mix of lot sizes and densities, located on 1,157-acres west and south of the I-35W and FM 407 intersection, across 407 from Harvest.  The zoning requests were approved in April 2017, and the Pecan Square development is expected to begin construction later this year, with models open by spring 2019.  The number of homes have yet to be finalized but could exceed 3,000.

Nordstrom4A Nordstrom that doesn’t stock clothes?! Innovation continues in all sectors of the economy.  In Q1 2017, Nordstrom experienced a 6.8% decline in retail store sales, and an 11% increase in online sales.  Then in Q2, online sales were up 20% year over year. The department store announced 09/11/17 that its new concept, Nordstrom Local, will be a 3,000-square foot store (their retail stores average 140,000 square feet) where customers can do things like try on clothes with a stylist, get manicures, and order coffee — or even wine or beer. Nordstrom said this location won’t stock accessories or clothing itself, but that people can order items for same-day try-on and pickup at the store.  The store will feature in-store tailoring and alterations. The goal is a personalized, faster, easier shopping experience.  Their advertisements are catchy – a Nordstrom’s that doesn’t stock clothes?  And they don’t mention anything about lower prices.  The first location will open in West Hollywood, CA on October 3rd.

DFW Airport to add Wow Air in May 2018. Wowair.com is an ultra low-cost carrier that has announced it will fly passengers nonstop from DFW to Reykjavik, Iceland, for $99 one way.  The CEO of Wow says he wants many to experience his homeland.  The airline will also offer $149 one way fares to Paris, Frankfurt, London and Barcelona, which will then connect passengers to 22 destinations in Europe on the airline. While the fares are cheap, Wow Air charges fees for additional services – for example, on a flight from New York to Iceland, a carry-on bag costs $40, checked luggage costs $50, a seat assignment in the front of the plane costs $10 and snacks and water cost extra.  DFW will be Wow Air’s 13th destination in the U.S., the latest in the Icelandic carrier’s growing network. Wow Air is the first budget carrier to service DFW. Wow Air said it will use an Airbus A330 aircraft on the route to Iceland that will depart DFW three times a week on Tuesdays, Thursdays and Saturdays.

Good News! provided by Keller Williams Dallas Metro North. Call us today – we have over 400 qualified agents ready to assist you with your real estate needs!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s