Dallas County opens a new facility and more real estate deals of note

Dallas County opened a new 12-story parking garage with retail that will serve the government entity on May 1.

It marks a move toward the offensive with the county facilities. Rather than solely fending off repairs, the county has worked to take steps — putting to work its AAA bond rating — to redevelop, renovate and build new spaces.

Beyond more than 1,228 new parking spaces, the county Commissioners Court also ensured future plans for the building could rise an additional 15 floors for uses such as an anticipated hotel to keep up with the Dallas Convention Center expansion.

“That means we had enough insight to understand the value this is going to bring to Dallas County taxpayers,” said Commissioner John Wiley Price during a ribbon-cutting ceremony.

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Source: The Dallas Morning News

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