Super Bowl transportation

November 20, 2010 by
Notes from our researcher, Steve Triolet

No doubt DFW Airport will see a spike in air traffic leading up to the big event.  Based upon the Super Bowl Committee’s research, it’s estimated that 100,000 of the 150,000 – 200,000 visitors expected for the game will arrive by air. Commercial airlines are expected to carry 96,000 passengers into the Metro area and 4,000 are expected to arrive via private jet.  Of the 200,000 visitors DFW can expect, an estimated 65 percent of the Super Bowl attendees are corporate executives and business leaders (majority of which travel from out-of-town).  And that doesn’t even include those who will be coming in on private jets.
North Texas is served by three public transportation trains – DART (Dallas), The T (Fort Worth) and the DCTA (Denton County).  Each line will provide Super Bowl spectators the opportunity to travel to the stadium with the purchase of a special pass.
…and Automobiles
Recently an Arlington city official announced that it will close major thoroughfares near Cowboys Stadium 10 days prior to the Super Bowl.  Starting January 28, the lanes on the south side of Randol Mill Road will be closed through game day. The lanes on the east side of Collins Street will be closed from January 29 through game day. In addition, the two-way traffic will be redirected to the opposite sides of those roads.
But the game day regulations don’t stop there.  Arlington officials have also taken measurements to reduce “ambush marketing” from January 23 through February 7. This will prevent local retailers and restaurants from putting tents up in their parking lots for food-related promotions or selling Cowboys merchandise.
Open for Discussion:
How do you feel about the transportation issues facing the Metro area during the Super Bowl based upon the increase of visitors?  Will you be affected?

The Cowboys see some change

November 10, 2010 by

Well, the Cowboys are in a tough place.  It was clear they needed to do something, and this will give them an opening to move forward and to build for next year.  Jason Garrett is a great guy, and he now has an opportunity to see if he can become the coach of the future.  I know he has been with them all along, but being head coach is a much different place to be.  We’ll all be rooting for them to get some wins and regain their footing.

At a loss

November 6, 2010 by

It’s not often that I get to attend three sporting events in one weekend, but last weekend afforded me the opportunity to attend the Rangers game, Navy game and the Cowboys game.  After suffering a loss at all three games, I decided maybe I should avoid the Mavs so I don’t jinx them too.

I also ran into Jerry Jones at a meeting last week after Tony’s injury.  I offered to suit up for the Thanksgiving game if they needed me.  I’ll just wait for that phone call.

The ‘Boys are bigger off the field

October 27, 2010 by

Notes from our researcher, Steve Triolet
The NFL is big business; big names and big plays generate even bigger revenues. The league pulls revenue from numerous sources including television contracts, ticket sales and team merchandising. But, only one team can be “America’s Team” and The Dallas Cowboys have earned the nickname.  The ‘Boys have won five Super Bowl championships, 10 conference championships, 10 division championships and 11 players who have been named to the Pro Bowl Hall of Fame.

However, off the field is where the team truly shines (especially in recent years). In early 2010, Bandera Ventures completed a build-to-suit distribution facility for Dallas Cowboys Merchandising. The consolidation and expansion took them from two facilities to one 400,000 SF location at 2500 Regent Boulevard in Irving. Previously they occupied a 100,000 SF distribution facility and a 44,000 SF headquarters at 4251 W. John Carpenter Freeway.  They were able to complete the expansion because they are the only NFL team to design/market/distribute its own merchandise and their sales are virtually unbeaten.  Since 1979 when the NFL began tracking data, The Dallas Cowboys have consistently been among the fop five teams in merchandise sales. In 2009, Forbes magazine estimated that Tony Romo’s jersey was the most popular jersey in the U.S. with over half a million pieces sold! The Dallas Cowboys are also the only NFL franchise with their own retail chain dedicated exclusively to their own merchandise. Opened in 1996, the mall chain now has 35 retail locations throughout Texas, Oklahoma, Louisiana, and Arkansas. In addition, the apparel can be purchased at over 700 retail outlets in the U.S., including Dillard’s, JC Penney and Academy Sports.

Let’s go Rangers!

October 23, 2010 by

We all wore our Rangers’ gear today at Jones Lang LaSalle in support of the team.  Let’s finish it off tonight in game six. 

Good luck to Colby Lewis and the Texas Rangers! 

Tony’s fan

October 15, 2010 by

I’m a big Romo fan and have been for quite a while.  Tony is a big play guy, and you can tell he wants to make plays.  I see him still scrambling when other quarterbacks would have been stopped.  Against the Bears – he threw 51 passes.  Not all were good, but he keeps at it.

People talk about coaching quarterbacks and their style and what works best.  I think you don’t change your DNA as a quarterback; you just get smarter about how you’re doing it.  When I was playing, I ran forward a lot – if I saw the chance for the first down I went for it.  Others scramble more, and there are theories about what works best.   Tony knows what works for him.  Running can be really useful if you know how to use it, and Tony is getting a lot smarter at using it.

I love the Cowboys, and it sure is good to see some other Texas teams doing well.  Good luck to the Rangers on their first ALCS game against the Yankees.

A look at the market – heading into 2011

October 8, 2010 by

“It’s already the end of the 3rd quarter – and just like the 3rd quarter in football, it is time to see where we stand.  Last week I participated in 2 panel discussions about the market.  One was the 10th Annual North Dallas Chamber of Commerce Real Estate Symposium, and the second was our Jones Lang LaSalle Market Breakfast.  Here are my thoughts.

 Is our local market in recovery yet?  Maybe not quite, but getting pretty close.  In my talk for the North Dallas Chamber I looked at why companies are coming to Texas.  When you compare us to California our pro-business attitude, favorable tax structure and inexpensive housing makes us a clear choice.  That means more businesses locating to Texas, more jobs, more home purchases and greater demand for commercial real estate.  I think we’ll see positive absorption at the end of 2010 which is necessary for our market recovery. 

What submarkets will be strong next year?  We are bullish on Far North Dallas, Las Colinas, Central Expressway, Preston Center and Uptown.  We still see more of a bear market for Richardson/Plano, LBJ Freeway (construction on 635 will hinder this market for a long time), Stemmons Freeway, and the CBD.

We’ll have to see if we stall out at the November elections as people look to see what policy changes there could be for 2011.  There are transactions in the pipeline that have to move forward, but I think it will be 2011 before we see much “new” expansion.”

How about those Cowboys

September 30, 2010 by

I predicted a win over Houston; in fact I bet on it and won $10.  I originally thought they would be 12 and 4, now maybe I think 11 and 5.  I don’t want to jinx them, but I think the team is really talented.   

It’s not all bad to start slow, especially for a talented team where the expectations are high.  A slow start keeps you from listening to too much of the hype. Starting 0 and 2 you’re still in the hunt, but you know you have to get focused.  I think we saw that in the Houston game…they were fired up, and that game was a much more coordinated effort.  Now, if they’d gone 0 and 3, that’s tougher.  At 0 and 3, players start pointing fingers and blaming each other, and that’s not where you want to be. 

Right now the offensive line is really good, but we need them to stay healthy.  And we’ve got great receivers…Roy Williams is really good, and I think we’ll see him getting a lot better. And we’ve got Miles Austin and Dez Bryant, too.  So, I think we’ll see more great games ahead.

The Super Bowl countdown continues

September 16, 2010 by

Last Friday night we kicked off the weekend with the last of the three Super Bowl concerts at the Dallas Cowboys stadium in Arlington.  To celebrate the 50th anniversary of the Cowboys, there was a recap of the Cowboys Super Bowl wins with former Cowboys – myself included – speaking with Brad Sham about those past games.  Emmitt Smith was honored as the latest Hall of Fame inductee, and then there was a concert performance by Tim McGraw.  It was hard to tell whether the crowd was there more  for the Cowboys or for the music – but it was a great evening.  We were able to host a good number of military men and women there in appreciation for everything that they have done for our country, and we had a nice crowd of our employees from Jones Lang LaSalle, too.

Emmitt Smith speaking at the event Friday, September 10

Saturday morning my family and I were up with the sun to participate in the 2010 Start! Heart Walk in downtown Dallas. This year I was proud to serve as the Honorary Chair and was able speak to a big crowd about the importance of heart health.  Jones Lang LaSalle helped raise money, and it felt great to see about 50 of our employees walking the streets of Dallas to support such a great cause.

Walking for a cause

August 30, 2010 by

This year I’m proud that the American Heart Association asked me to serve as Honorary Chair of the 2010 Start! Heart Walk. Physical fitness has always been such a big influence in my life, and I encourage everyone, including our Jones Lang LaSalle employees to take care of their health by participating in wellness programs. I thought the walk was a great way to combine my interests in fitness with JLL’s passion for community service in Dallas. We’ve put together four teams of walkers to fundraise and combat cardiovascular disease.  Come out and join us for a day of family fun that supports a great cause.

Event Details
September 11, 2010
5K Walk
Victory Park at the American Airlines Center
9:00-11:30 a.m.
Click here to join a team or donate online