Commercial and Industrial Development
In the last few years, Oak Cliff has become the focal point for development in Dallas as city officials have realized that further growth would be south of the city — which offers large tracts of developable land and a viable labor force.
When the City of Dallas started putting a heavy emphasis on
southern sector development in the mid-1990s, interest in Oak Cliff started to climb. The area’s economy got a jump start, and the upward trend continues.
Recent construction of an interchange off I-30 at Cockrell Hill Road and access roads, as well as proposals for new access roads along portions of I-20 in South Oak Cliff are opening up vast tracts of vacant land for new development.
Pinnacle Park (a 900–acre tract) has been developed, and Industrial Developments International is the first tenant (maintaining warehouse/distribution facilities). There are plans by Morning Park, Inc. (owner of the remaining 7,000 acres) to develop the remainder of Pinnacle Park with offices, a major shopping center and a hotel.
Across Cockrell Hill Road, another industrial park is moving forward with plans, and more tenants are expected for the business parks that have been growing on the other side of I-30 for the last 10 years.
In southeast Oak Cliff, Stonebridge Office Park started developing a few years ago, and has already been highly successful. Southport, along I-20, is also moving forward. On the western end of I-20 in Oak Cliff, the Mountain Creek area (with more than 5,500 acres of developable land) has land available for major facilities.
Other smaller industrial and business parks are located throughout the area, and many still have vacant tracts of land to offer potential developers.
At the Dallas owned Executive Airport, there is an effort underway by the Dallas Initiative to bring a variety of development to airport land not needed for aviation-related uses. Plans for an office complex, industrial facilities, a hotel, a restaurant, an assisted living facility and a golf course are underway.
In the Gateway area of Oak Cliff, there is also prime land for development — including the old Burnett Field site adjacent to the Trinity River Corridor.
Plans for the Trinity River Corridor continue to progress. In 1998, Dallas voters approved a $246 million bond issue for development of new roads, levees, recreational facilities, wetlands and the creation of the Great Trinity Forest Park. Environmental and land use studies are underway for the corridor, which should provide the necessary information to make final decisions about tollway placement, levee requirements and other development decisions.
City lenders have raised the necessary funds for world-famous architect Santiago Callatrava to design a “signature” bridge to connect Oak Cliff and West Dallas in conjunction with the development of the Trinity River Corridor. The initial $246-million investment is expected to facilitate the investment of an additional $1 billion in public monies for the area.
Desarrollo Comercial e Industrial
Oak Cliff se ha convertido en un punto central de desarrollo industrial para el área de Dallas; los dueños de terrenos y negocios trabajan junto a especialistas, en un esfuerzo por obtener los mejores planes de desarrollo urbano y comercial para la ciudad, actualmente se cuenta con diferentes complejos industriales que hospedan desde bodegas de almacenamiento y distribución, hasta oficinas corporativas. Muchos otros proyectos se encuentran actualmente en planeación o construcción.
