Is Dallas about to be the financial hub in the US?

4,231 Views | 57 Replies | Last: 1 day ago by YouBet
AgBQ-00
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Since the new stock exchange is getting up and running and the commie mayor and his merry band of islamo terrorists chasing anyone one out of town with the ability to leave. Of course the rest of the nightmares that come with that ideology are on the horizon with NYPD being slashed and starved, and criminals being released. Are we going to see the financial hub of the US migrate here?
God loves you so much He'll meet you where you are. He also loves you too much to allow to stay where you are.

We sing Hallelujah! The Lamb has overcome!
Ag87H2O
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AG
I think we are going to see a lot of people/institutions continue to migrate here and other red states. Marxist blue voters are strangling New York.
techno-ag
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The left cannot kill the Spirit of Charlie Kirk.
TAMUallen
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AG
Ag87H2O said:

I think we are going to see a lot of people/institutions continue to migrate here and other red states. Marxist blue voters are strangling New York.


What could go wrong in NY? Not like they want to ban dogs in NYC, NYC cant afford their budget, want to increase property taxes 10% and spend more than the entire state of Florida in the city alone
aggiehawg
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AG
Ag87H2O said:

I think we are going to see a lot of people/institutions continue to migrate here and other red states. Marxist blue voters are strangling New York.

I don't think we will see financial sector that centralized. Miami will also be a big player, I think.
FriendlyAg
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Already was started well before all of that. Goldman's been building a HQ down town, Charles Schwab, Fidelity, Chase and BOF A all have huge presences here.

Also there is just a lot of family office / PE money here
WinTheWholeDamnThing
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We're full. Can't go anywhere or do anything anymore, infrastructure can't handle all of these out of staters, H1B foreigners, and illegals.
Im Gipper
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It will tension New York, but much more power & influence shifted to Dallas

I'm Gipper
ryanhnc10
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AG
Florida, Texas, and North Carolina will continue to get more and more share until New York starts fundamentally changing
normalhorn
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OP, when you say "Dallas", you need to assume that it's more the D/FW metroplex.

Yes, the Texas Stock Exchange is opening soon, with it's HQ in Uptown/OakLawn district. Banks are all moving HQ's to suburbs (save GS, which is building just north of downtown).

Downtown Dallas, on the other hand, is teetering on the edge of being in a doom loop - AT&T is packing up and moving it's HQ to Plano. Downtown used to have a bit of life to it, but every year that goes by it's more depressing, more run down, more crime-riddled and more crowded with homeless. Occupancy rates in high rises/skyscrapers is plain sad.

But to your point about financial hub, there's definitely potential for the metroplex to snag a lot more financial institutions from NY and Kalifornia.
Signel
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AG

  • Charles Schwab (financial services/brokerage): Relocated its headquarters from San Francisco to Westlake (a Fort Worth suburb) in 2021, following its merger with TD Ameritrade. This was a major move, bringing thousands of jobs and establishing a large campus.
  • CBRE (real estate services, which includes significant financial/brokerage elements): Moved its global headquarters from Los Angeles/San Francisco area to Dallas in 2020.
  • Toyota Financial Services (auto finance/leasing arm of Toyota): Relocated its North American headquarters to Plano (North Dallas) around 2017 as part of Toyota's broader consolidation in the area (initial announcement in 2014, but move completed in the late 2010s).
  • JPMorgan Chase Expanded massively in DFW (e.g., Plano and Dallas areas), with more employees in Texas than in New York City in recent years.
  • Goldman Sachs Building a large ~800,000 sq ft campus in Dallas (underway, expected to house 5,000+ employees by around 2027).
  • Wells Fargo Constructed a major 850,000 sq ft office campus in Irving (opened recently).
  • Bank of America Significant expansions and new office commitments in the area.
  • Others like Nasdaq (regional HQ), Morgan Stanley (exploring major expansion), and TIAA (shifting operations to Frisco) have also grown their footprints.
  • DFW ranked No. 1 U.S. metro for corporate HQ relocations from 20182024 (per CBRE analysis, with ~100 total HQs, including non-financial ones), and Texas overall saw hundreds of corporate moves in that timeframe. The financial sector's growth ties into broader trends, including the upcoming Texas Stock Exchange (TXSE) launch in Dallas (backed by firms like JPMorgan, Goldman Sachs, and Charles Schwab).This isn't exhaustivemany moves are expansions rather than full relosbut the area has clearly emerged as a financial hub rivaling traditional centers. If you're looking for details on a specific company or more recent announcements, let me know!
TommyBrady
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Dallas - Miami - Charlotte - Austin will continue to gain more and more from NYC and Silicon
AgBQ-00
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Well the Dallas side of things will be more focused on the financial stuff...it always has been. But the area in general. I know Schwab and others have built massive campuses in the Roanoke Westlake area. There are corporate hq's moving to the area. Your point about downtown is true. Don't know that it will ever recover, but if enough of the functions currently done up there move here we may see it rebound.
God loves you so much He'll meet you where you are. He also loves you too much to allow to stay where you are.

We sing Hallelujah! The Lamb has overcome!
Tea Party
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Yall Street
Learn about the Texas Nationalist Movement
https://tnm.me
infinity ag
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Tea Party said:

Yall Street


When I was in kindergarten in Dallas, my teacher in "Americare" had us learn why we said "yall" in Texas. Ah good times, the 70s were.
Colonel Kurtz
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AG
Dallas or New New Delhi?
flown-the-coop
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TommyBrady said:

Dallas - Miami - Charlotte - Austin will continue to gain more and more from NYC and Silicon

How is Charlotte actually doing? That place has gone very liberal, no?

And to add to businesses in DFW, several large insurance companies have taken over giant swaths of office spaces.
e=mc2
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Dallas is a major player now globally and so is Miami.

Texas overall is booming.

SA is in the beginning or middle of several of a multi-billion dollar projects: airport, Project Marvel (new Spurs arena, hotel, restaurants) downtown; new expandable baseball stadium downtown; former Lone Star Brewery (Think of The Pearl); and tons of data centers.

Austin area has major projects: airport expansion, convention center, Samsung plant (near Taylor); Tesla, Starlink, Boring Co. and data centers.

Houston has a major expansion to the convention center. Don't know as much about Houston.

There's crazy growth all over the state. I work in SA and Austin and it's astonishing. San Antonio metro has nearly 2.8 million and Austin metro is at 2.5 million. DFW is at 8 million and Houston metro will be at 8 million soon if its not already.

Smaller Texas cities are booming as well.

Thankfully there are efforts to slow subdivision growth in the Hill Country.

Our largest issue is water. And we better start figuring it out quickly or we'll have major problems.

techno-ag
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e=mc2 said:

Dallas is a major player now globally and so is Miami.

Texas overall is booming.

SA is in the beginning or middle of several of a multi-billion dollar projects: airport, Project Marvel (new Spurs arena, hotel, restaurants) downtown; new expandable baseball stadium downtown; former Lone Star Brewery (Think of The Pearl); and tons of data centers.

Austin area has major projects: airport expansion, convention center, Samsung plant (near Taylor); Tesla, Starlink, Boring Co. and data centers.

Houston has a major expansion to the convention center. Don't know as much about Houston.

There's crazy growth all over the state. I work in SA and Austin and it's astonishing. San Antonio metro has nearly 2.8 million and Austin metro is at 2.5 million. DFW is at 8 million and Houston metro will be at 8 million soon if its not already.

Smaller Texas cities are booming as well.

Thankfully there are efforts to slow subdivision growth in the Hill Country.

Our largest issue is water. And we better start figuring it out quickly or we'll have major problems.


College Station might actually get a convention center someday.
The left cannot kill the Spirit of Charlie Kirk.
e=mc2
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techno-ag said:

e=mc2 said:

Dallas is a major player now globally and so is Miami.

Texas overall is booming.

SA is in the beginning or middle of several of a multi-billion dollar projects: airport, Project Marvel (new Spurs arena, hotel, restaurants) downtown; new expandable baseball stadium downtown; former Lone Star Brewery (Think of The Pearl); and tons of data centers.

Austin area has major projects: airport expansion, convention center, Samsung plant (near Taylor); Tesla, Starlink, Boring Co. and data centers.

Houston has a major expansion to the convention center. Don't know as much about Houston.

There's crazy growth all over the state. I work in SA and Austin and it's astonishing. San Antonio metro has nearly 2.8 million and Austin metro is at 2.5 million. DFW is at 8 million and Houston metro will be at 8 million soon if its not already.

Smaller Texas cities are booming as well.

Thankfully there are efforts to slow subdivision growth in the Hill Country.

Our largest issue is water. And we better start figuring it out quickly or we'll have major problems.



College Station might actually get a convention center someday.

BCS looks to be doing very well. My son is at A&M and the university has a strong gravitational pull. Lot's of cool stuff going on. The BCS food scene is impressive. I try a new place every time I visit and some are outstanding!
txags92
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ryanhnc10 said:

Florida, Texas, and North Carolina will continue to get more and more share until New York starts fundamentally changing

The people capable of bringing about a positive change in NY are the ones heading for the exits. Much like California, it is just going to keep getting bluer and bluer there.
TommyBrady
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e=mc2 said:

techno-ag said:

e=mc2 said:

Dallas is a major player now globally and so is Miami.

Texas overall is booming.

SA is in the beginning or middle of several of a multi-billion dollar projects: airport, Project Marvel (new Spurs arena, hotel, restaurants) downtown; new expandable baseball stadium downtown; former Lone Star Brewery (Think of The Pearl); and tons of data centers.

Austin area has major projects: airport expansion, convention center, Samsung plant (near Taylor); Tesla, Starlink, Boring Co. and data centers.

Houston has a major expansion to the convention center. Don't know as much about Houston.

There's crazy growth all over the state. I work in SA and Austin and it's astonishing. San Antonio metro has nearly 2.8 million and Austin metro is at 2.5 million. DFW is at 8 million and Houston metro will be at 8 million soon if its not already.

Smaller Texas cities are booming as well.

Thankfully there are efforts to slow subdivision growth in the Hill Country.

Our largest issue is water. And we better start figuring it out quickly or we'll have major problems.



College Station might actually get a convention center someday.

BCS looks to be doing very well. My son is at A&M and the university has a strong gravitational pull. Lot's of cool stuff going on. The BCS food scene is impressive. I try a new place every time I visit and some are outstanding!


Whats your fav spots?
infinity ag
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Everyone in Texas, enjoy your H1B Boom.
A.G.S.94
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Has worked out great for the likes of NY and London. Same companies even. Can't wait for Texas to reap all those benefits!!!!
WinTheWholeDamnThing
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infinity ag said:

Everyone in Texas, enjoy your H1B Boom.

Most of Collin County, Coppell, Los Colinas, Valley Ranch, Richardson are already New Hyderabad. Get ready for Denton County to become New Bengaluru
txags92
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AG
(Pa)Telfair in SW Houston says hi.
Junction71
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Hey, Junction is doing well also---we are getting an O'Reilly Auto Parts store on top of the 2 auto parts stores we already have!
aggie93
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e=mc2 said:

Dallas is a major player now globally and so is Miami.

Texas overall is booming.

SA is in the beginning or middle of several of a multi-billion dollar projects: airport, Project Marvel (new Spurs arena, hotel, restaurants) downtown; new expandable baseball stadium downtown; former Lone Star Brewery (Think of The Pearl); and tons of data centers.

Austin area has major projects: airport expansion, convention center, Samsung plant (near Taylor); Tesla, Starlink, Boring Co. and data centers.

Houston has a major expansion to the convention center. Don't know as much about Houston.

There's crazy growth all over the state. I work in SA and Austin and it's astonishing. San Antonio metro has nearly 2.8 million and Austin metro is at 2.5 million. DFW is at 8 million and Houston metro will be at 8 million soon if its not already.

Smaller Texas cities are booming as well.

Thankfully there are efforts to slow subdivision growth in the Hill Country.

Our largest issue is water. And we better start figuring it out quickly or we'll have major problems.



Houston is already the largest port by tonnage in the US and it's continuing to expand. Plenty of other things going for Houston but being connected by rail, road, and water with the infrastructure in place and room to grow is hard to match. That alone makes it the most valuable piece of the puzzle, Houston is the access point to the world for Texas. When you combine it with the other hubs in Texas with different strengths and the natural resources and refining capability we are a true monster on the global stage, if Texas were in Europe we would be the most powerful country on the Continent. We will also surpass California in population in the next 20 years most likely as they continue to lose population and we are gaining.
"The most terrifying words in the English language are: I'm from the government and I'm here to help."

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cr06gis
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AG
The population growth is relatively unlimited. Texas destined to be the economic engine of the US.


https://www.movebuddha.com/blog/visualizing-us-cities-2100/#
techno-ag
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AG
aggie93 said:

e=mc2 said:

Dallas is a major player now globally and so is Miami.

Texas overall is booming.

SA is in the beginning or middle of several of a multi-billion dollar projects: airport, Project Marvel (new Spurs arena, hotel, restaurants) downtown; new expandable baseball stadium downtown; former Lone Star Brewery (Think of The Pearl); and tons of data centers.

Austin area has major projects: airport expansion, convention center, Samsung plant (near Taylor); Tesla, Starlink, Boring Co. and data centers.

Houston has a major expansion to the convention center. Don't know as much about Houston.

There's crazy growth all over the state. I work in SA and Austin and it's astonishing. San Antonio metro has nearly 2.8 million and Austin metro is at 2.5 million. DFW is at 8 million and Houston metro will be at 8 million soon if its not already.

Smaller Texas cities are booming as well.

Thankfully there are efforts to slow subdivision growth in the Hill Country.

Our largest issue is water. And we better start figuring it out quickly or we'll have major problems.



Houston is already the largest port by tonnage in the US and it's continuing to expand. Plenty of other things going for Houston but being connected by rail, road, and water with the infrastructure in place and room to grow is hard to match. That alone makes it the most valuable piece of the puzzle, Houston is the access point to the world for Texas. When you combine it with the other hubs in Texas with different strengths and the natural resources and refining capability we are a true monster on the global stage, if Texas were in Europe we would be the most powerful country on the Continent. We will also surpass California in population in the next 20 years most likely as they continue to lose population and we are gaining.


The left cannot kill the Spirit of Charlie Kirk.
reineraggie09
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AG
Dallas is about as Texan as Austin these days. Look at the number of open positions on the police force
Mega Lops
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AG
Did anyone stop and think all the growth in Texas is a bad thing?
91AggieLawyer
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ryanhnc10 said:

Florida, Texas, and North Carolina will continue to get more and more share until New York starts fundamentally changing


New York isn't changing. Oh, they may run that recent idiot out of town in a few years but they aren't reversing course. Just back to the Chuck-U Shumer wing of leftist idiocy rather than the Bernie/AOC wing.

Hubert J. Farnsworth
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Mega Lops said:

Did anyone stop and think all the growth in Texas is a bad thing?


So true. Texas has changed for the worse over the last 20+ years. Way too crowded now.
WinTheWholeDamnThing
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Mega Lops said:

Did anyone stop and think all the growth in Texas is a bad thing?

Who cares about the myriad of permanent, irreversible consequences when it benefits "muh economy!"
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