Snapshots

Since the Wright Amendment’s repeal, SOLO evolves as a Dallas submarket

In October 2014, the Wright Amendment’s repeal opened Dallas’ Love Field to out-of-state, direct flights

July 03, 2019
  • In October 2014, the Wright Amendment’s repeal opened Dallas’ Love Field (DAL) to out-of-state, direct flights.
  • This made DAL one of only a few true “urban” airports in the US located proximate to key employment centers.
  • In terms of activity, DAL enplanements increased from 4.0 million in 2013 to 7.6 million as of 2017.
  • Besides giving the CBD, Uptown, Las Colinas, and Preston Center convenient airport access, DAL’s expansion enhanced its role as an area anchor – and serves as a catalyst for future commercial and mixed-use growth.
  • Since 2014, SOLO (South of Love) has been evolving.  The expanded airport and related office space added close to 5 million s.f.  The hospital district, a key anchor immediately to the south, has added 4 million s.f., along with 480,000 s.f. of medical-office space.
  • With proximity to several high demand office hubs, housing has taken an early lead at establishing this area.  Since 2014, 3,600 apartment units have been built.
  • Uptown’s success will continue to exert development pressures on SOLO for all property types.  
  • Currently,  UT Southwestern and Parkland have plans for 1.7 million s.f. of new hospital uses.  In addition, 400 apartments and 280 hotel rooms are in the works, as well as KDC’s 1.1 million s.f. West Love mixed-use project.

Source: JLL Research

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