 |
Market and Sales Highlights
continued
Strategically situated in the heart of Dallas' most important commercial area containing over 60 million square feet of office space, NorthPark Center is also located within five minutes of the Dallas Central Business District, Dallas/Fort Worth's largest employment zone. The daytime population within a five-mile radius of NorthPark Center totals 313,825 employees. -North Central Texas Council of Governments, 2004 and Claritas/Market Insite Group, Inc. 2005
NorthPark Center is located within thirty minutes of Dallas/Fort Worth International Airport (D/FW), the third busiest airport in the world. In 2005, 57 million passengers are expected to travel through D/FW. The airport recorded 5 million departing and arriving international travelers in 2004 and offers direct flights to over 160 domestic and international destinations and 60 daily nonstop international departures. NorthPark Center is also located within five miles of Love Field, the home of Southwest Airlines.
-D/FW International Airport, 2005 and The Dallas Morning News, April 2003
NorthPark is a top shopping attraction to convention and tourism business. With an average of 3.8 million delegates attending 3,600 conventions annually, Dallas ranks as one of the leading convention cities in the United States. - Dallas Convention & Visitors Bureau 2005
TaxFree Shopping, Ltd. at NorthPark Center is the exclusive location in the entire Dallas/Fort Worth area where international shoppers departing the United States can process rebates for Texas sales taxes applied to purchases made in any retail store. NorthPark enjoys a wide variety of international customers, visiting from 107 different countries in 2004, and regular visits by Mexican nationals who spend on average of nearly $3,500 per visit.
-TaxFree Shopping, Ltd., 2005
Access to NorthPark is excellent, strategically located in North Dallas at one of the busiest transportation intersections in the United States. Daily vehicle counts in this area exceed 350,000. NorthPark Center is also easily accessible by light rail service by Dallas Area Rapid Transit (DART) which moves 200,000 people per day. -DART, 2004 and Texas Department of Transportation, 2004
The number of people living in the 16-county North Texas area now tops 6 million and is expected to reach nearly 8 million by 2020. Dallas, the financial hub of the Southwest, is the eighth largest city in the United States, and Dallas-Fort Worth is the fifth-largest Metropolitan Statistical Area in the United States. -Dallas Business Journal, 2005 and Real Estate Center of Texas A&M University, 2004
Dallas is equally close to North America's five largest business centers, New York City, Chicago, Los Angeles, Mexico City and Toronto. -North Central Texas Council of Governments, 2004
Three Texas metropolitan areas were recognized by Site Selection magazine as being in the top ten areas for business investment in the United States in 2004. With $3 billion invested, Dallas-Fort Worth-Arlington ranked fifth and Houston ranked sixth. -RECON Real Estate Center Online News, Texas A&M University, March 2005
|
