“Over the last four years, we had over 400,000 net jobs created in the Dallas-Fort Worth market," said Ted Wilson of Residential Strategies, Inc. "I've never seen it quite like this before.” Job creation in North Texas in recent years has bubbled up faster than every other metro area in the country, except for New York and L.A. New homes here have been popping up just as fast to accommodate all those workers. Candace Carlisle, who covers real estate for the Dallas Business Journal has been watching the North Texas map fill up with billion-dollar-plus projects. She’s got a whole portfolio of articles about them all. “We weren’t really covering any billion-dollar developments that were getting started or underway [in] 2011 [or] 2012," she said. "And now, it seems like every other week -- or several times a week -- I am covering a new, billion-dollar development.” To Carlisle, that is an indication that real estate planners are expecting the local economy to keep humming. “It takes 10, 15, 20 years to build out a billion-dollar project," she said.
- WFAA News, July 1, 2016