DALLAS—For many years, the Younger Partners investments/land division has produced a Dallas-Fort Worth land absorption report designed to assist investors in deciding the viability of acquiring undeveloped land for medium and long-term positive returns. Since its 2016 report was distributed, DFW has experienced continued growth in virtually every commercial and residential product type. Much remained the same in its 2017 report, although there are legitimate evolving trends to be considered.

The report points out that absorption of undeveloped and underutilized land continues at an unprecedented rate. Aggressive, new vertical development has left even fewer desirable infill sites remaining, producing ever-increasing activity further out from current job markets and increasing commuter distance demands, according to the report. However, employers, recognizing that the seriously evident shrinking pool of employee candidates who are sensitive to job location, are moving employment centers closer to demand. This competition for employees, inflated raw land cost, a rapidly increasing cost of living and transportation congestion are all beginning to affect the extended growth cycle.

DFW remains attractive for relocation compared to its competition, however, the gap is decidedly smaller from an economic standpoint. As long as the region has the anticipated continued job growth, inbound population increases, low interest rates and a sound local economy, there is no reason for an immediate reverse cycle. However, if any one of these collapses, the effect will be felt by all, GlobeSt.com learns.