Investments that have been made both by the private and public sectors have literally transformed the downtown area of Dallas. The transformation has created a major employment center that is a terrific place to live, work, and play. For the past seven years, the city has invested over $500 million in the downtown freeway area.[property_contact_form]
Having an office or commercial real estate address in Dallas’ downtown provides many advantages. There is superb access, competitive lease prices, and a daytime population of over 150,000 people. This number is always increasing with a rapidly expanding residential population.
Downtown Dallas is an area that is exploding in positive, profitable growth in the residential and commercial areas. VIP Realty is your leading downtown Dallas commercial real estate agency. VIP Realty is committed to finding you the perfect location for your new commercial venture.
Downtown Dallas Retail and Office Space
The place to be in Dallas is the prosperous downtown area. The city government encourages business owners to invest in downtown office space with several incentives. Currently, the city government is offering investors tax incentives, infrastructure cost participation, and development fee rebates.
Business owners or developers who invest in commercial real estate or office space in the historic district of downtown Dallas will receive tax abatements, transfer of development rights, and conservation easements from the city. With all of the investment benefits, combined with its huge potential, Downtown Dallas is an area that is ripe for highly profitable development.
To add to the list of incentives, services provided by VIP Realty are free when you lease or purchase commercial property. VIP Realty has an outstanding team of realtors that are knowledgeable in downtown property. After you contact VIP Realty, our specialized team begins working on your behalf to find the best property for you.
Industrial Space in Downtown Dallas
The industrial area of Dallas has tremendously increased in demand. The demand will continue while the Dallas city government offers fee reimbursement, tax incentives for development, as well as restoration and assistance with improvements in infrastructure. This is a terrific time to invest in downtown Dallas.
It is predicted that the downtown Dallas area will continue to grow and thrive. This is a great location for industrial space and office space. If you are looking for industrial space in downtown Dallas, contact VIP Realty. VIP Realty will quickly find you the best office or industrial space for an unbeatable price.