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****3/13/24****

  Join the MCBA Dallas City Council Engagement Initiative meeting
Wednesdays at 8:00am, contactAndrew
for details 

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**Cities Flourish When They Are Pro-Growth and Pro-Opportunity**

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**Our Community's Kids Deserve Better Schools**

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**Building and Zoning Codes Should be Clear and Objective**

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**MCBA's Capital Bond Transparency Recommendations**

On Friday, March 8, MCBA President and CEO Louis Darrouzet submitted an
official letter containing seven recommendations for transparency and
expenditure as a response to the city's proposed $1.25 billion Capital
Bond. The city council's proposal should deeply concern the business
community and all Dallas taxpayers, as it will place the city in an
unsustainable financial position for years to come. Read the MCBA letter
here .

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**Adopt-a-Block**

MCBA President Louis Darrouzet was in the Dallas Observer this week to
make the case for our new cleanup initiative, Adopt-a-Block
. Please take the time to read his article,
"Adopt-a-Block Wants to Make Dallas Sparkle"
-where
he argues that disorder is contagious, and we must work together to
reverse it so that Dallas can become the most attractive city in
America.

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**Our Community's Kids Deserve Better Schools**

Every other Friday, a hallway at Victor H. Hexter Elementary School
in Dallas is transformed as students
in the Functional Living Skills class set up a table, stock the shelves,
and don their aprons to open the Hexter Market.

"This class is so important because we do have those student with
disabilities," Functional Living Skills teacher Heidi Zeko said. "So
these children, the meaningful hands-on work that we're doing in a
school store setting is so much more powerful than anything we can do in
a classroom."

Read more

**...**

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**Building and Zoning Codes Should be Clear and Objective**

In most major metros, construction of new office buildings has withered
as office vacancy rates reach record-high levels and construction loans
are scarce.

Dallas appears to be an anomaly: its office construction pipeline is
really robust despite red warning lights that are flashing on the
metro's vacancy rate and the overall availability of direct office
space.

More than 5.2M SF of office space is under construction in Big D, making
Dallas the national leader in building offices. Only four major markets
are exceeding more than 4M SF in office construction, with Austin a
close second at 5.1M SF, followed by Manhattan (4.9M) and Seattle (4M
SF), according to CBRE.

Meanwhile, nearly 26% of office space in the Dallas-Fort Worth market is
vacant, with total availability at close to 30%, topping 71M SF. Most of
the availability is direct space, with sublease availability totaling
close to 10M SF, according to Avison Young's Q4 2023 market report.

**Read more**
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The 

**Metroplex Civic and Business Association (MCBA)**

** **is a non-partisan, non-profit organization founded to ensure the
continued success and prosperity of the Dallas-Fort Worth metroplex.
MCBA helps DFW businesses Educate, Empower, and Mobilize their
workforces through charitable and civic engagement.

To keep up with all things MCBA and Dallas-Fort Worth, be sure to follow
us on LinkedIn
, Facebook
, Instagram
, and Twitter
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MCBA | 14185 Dallas Parkway, Dallas TX 75254

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