Are you keeping up with TexRail––the rail line that will run from downtown Ft. Worth all the way through Grapevine and then back down to DFW airport? They are on track to run it in full later this year. And their marketing and communications is excellent and up to date. It seems like TexRail wants to keep people informed, even with setbacks or extensions.
Go check out www.texrail.com
There have been proposals and ideas of this kind of rail before, but this one is actually happening and communities are responding. It’s an amazing commuter development and investors and predictors have been putting money into construction of townhomes along the route—Hurst, NRH, Grapevine––tons of development! Dallas Morning News says “Almost $250 million in development is in the works and more is planned along the TexRail line.” These communities should be excited! Value and accessibility is going UP around the metroplex.
While we celebrate that the TexRail is drawing closer to completion, notice the “future Cotton Belt East” line mentioned on the map. Dallas/DART are still working on funneling through community feedback about this upcoming project, with hopes to get started on this next year. It’s called “Cotton Belt” because its tracks will be constructed on a corridor formerly owned by the Cotton Belt. These tracks will link Plano to D-FW Airport and connect up to the TEXRail to connect to north-east Fort Worth. The Cotton Belt is 26 miles of track, and at various stations, the route would offer transfers to DART's Red, Orange and Green Lines, and the Denton County Transportation Authority's A-train in Carrollton.
Officials say the Cotton Belt line is expected to shave off 80,000 vehicle miles traveled per day by 2040 and save 3,800 hours of daily congestion delays. DART has said that the route could open by 2022.
see more on this incredible study at: www.urban.org
Their study shows that the homeownership rate for millennials is about eight percentage points lower than that of the two previous generations (Gen X and Baby boomers) at the same age (25 – 34).
Some of the (now) quantifiable factors in these major differences include:
*We would love to answer any questions our Millennial friends might have about owning a home.
How do you feel with the fast-paced growth of our huge metro area?!
You’ve seen my focus on this before, and it’s that I find our surging area so interesting and especially interesting in imagining the future of our area. And it’s just a fact that not all US rural or metro areas are necessarily growing like this. But, we are! Wow.
The Dallas Morning News describes it like this:
Our region, once again, added the most new residents of any metro area in the country -- roughly 400 per day, or a total of 146,238, over the year that ended in July, census data released Thursday shows. That kept D-FW firmly in its spot as the nation’s fourth-largest metro, though the region is catching up to Chicago, whose population has been sliding as economic factors tip the scales in favor of Texas, experts say. The thousands of people moving in both from other states and abroad have powered a population boom in Texas and especially in D-FW, where leaders have made a point of pitching its relatively low costs of living and business-friendly regulatory environment to companies located elsewhere. On the list of the counties that saw the biggest gains over the year, six out of 10 were in Texas, including Denton and Collin counties, which were ninth and 10th, respectively.
So what does this growth in our area mean to you? And does the growth of the metroplex make you more content in your home/area or cause an itch to head downtown into Dallas or Fort Worth, or alternatively, out to the expanding suburbs? It’s a time to think about it, either way. Because all the signs point to this huge growth in our metroplex for the next 15 years, and this is a moment to be smart about where and how we live together!
Write something about yourself. No need to be fancy, just an overview.