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Dallas Mayor Eric Johnson pushed back Tuesday against the narrative that businesses have lost faith in the city's downtown, calling the claim "a bunch of bull" in his email newsletter as the city council considers incentives tied to a proposed $1.3 billion office tower development.
Johnson cited a pipeline of institutional commitments — including a Goldman Sachs campus expected to employ approximately 5,000 people and Frontier Communications' decision to relocate its headquarters from Connecticut to Dallas — as evidence that capital continues to flow into the city.
FIFA's selection of Downtown Dallas as the home of its international broadcast center for the World Cup, and the region's designation to host more matches than any other, sharpened his argument.
Corporate Relocations and Financial-Sector Inflows The most closely watched pending commitment is Morgan Stanley's consideration of a Dallas regional hub expansion.
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