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Dallas North Tollway extensions pave way for continued suburban office growth
Office Inventory (millions of SF) 45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 Extension from LBJ Freeway to Briargrove Lane Extension from State Hwy 121 to State Hwy 380 Extension from Headquarters Drive to State Hwy 121
Class A & B multi-tenant & owneroccupied office development flanking the Dallas North Tollway corridor
Extension from Briargrove to Headquarters Drive
Forest to Spring Valley (LBJ Intersection) Frankford to West Park (Pres. Geo Bush Intersection)
In 1968, the Dallas North Tollway opened. It provided interstate access from downtown to what is today, Dallas close-in northern suburbs (ending at Royal Lane). The Tollway has been a critical infrastructure improvement that has dramatically shaped Dallas developed landscape. In the early 1980s, the office inventory north of Forest Lane totaled 7 million SF. Since then, more than 200 office buildings have been delivered, adding 40 million SF of multi-tenant and owneroccupied space.
Source: Jones Lang LaSalle Research
http://www.joneslanglasalle.com/Dallas/en-us/Pages/Research.aspx