That\u2019s a much healthier picture than the rest of the country, where activity remains historically low, the report said. In the second quarter, total space under construction in the U.S. was about 48 million square feet \u2014 meaning Texas has about one-third of the action.<\/p>\n
The Lone Star State is riding a wave of in-bound migration<\/a> from other states that\u2019s supporting demand at new sites for grocers<\/a>, luxury retailers and large-format stores<\/a>. More people mean more shoppers \u2014 and the state, including the D-FW area, is stepping up with more options. <\/p>\n D-FW Retail News<\/p>\n By signing up, you agree to our\u00a0Terms of Service<\/a>\u00a0and\u00a0Privacy Policy.<\/a><\/p>\n The Dallas area leads the nation in retail space under construction with 7.2 million square feet in the pipeline as of the third quarter of this year. <\/p>\n \u201cThe Dallas-Fort Worth Metroplex exemplifies the new Texas retail paradigm, where decades of conservative development philosophy have suddenly given way to unprecedented construction activity,\u201d the report said.<\/p>\n The region has also had strong annual rent price growth of 4.1%. That\u2019s easily ahead of metros like San Antonio and Austin.<\/p>\n The area\u2019s \u201ccurrent construction surge represents a fundamental shift in developer confidence, driven by the metro\u2019s transformation into a true economic powerhouse that rivals coastal markets in scale and sophistication,\u201d the report said. \u201cThe region\u2019s retail expansion reflects something more profound than mere population growth \u2014 it signals the maturation of Texas as a business destination that can sustain the dense, high-velocity retail environments previously associated with established East and West Coast markets.”<\/p>\n Related<\/p>\n Other states have focused more energy on other sectors. Nationally, since 2020 in the U.S., roughly 21 million square feet of newly built retail has been listed for lease \u2014 and that\u2019s less than 5% of all available space. <\/p>\n \u201cElevated financing and construction costs continue to limit new standalone retail development, while demand for multifamily, industrial, and mixed-use projects drives developer focus elsewhere,\u201d the report said.<\/p>\n In the Austin market, 2.8% of the region\u2019s total retail inventory is in the construction phase. That compares to 1.5% in D-FW.<\/p>\n Austin also had the highest occupancy among Texas metros at 97.1% in the final quarter of last year.<\/p>\n \u201cThe current construction surge represents a long-overdue correction to years of underdevelopment, as the market finally builds the retail infrastructure necessary to support its evolved economic identity,\u201d the report said. \u201cAustin\u2019s situation exemplifies how Texas markets have been quietly accumulating pent-up demand while other regions struggled with oversupply.\u201d<\/p>\n In Houston, the \u201cmarket fundamentals remain healthy,\u201d it said. The vacancy rates are within the historical 5%-6% range, and that\u2019s supported by consistent leasing activity, stable rents and a development pipeline totaling 3.6 million square feet.”<\/p>\n","protected":false},"excerpt":{"rendered":"Texas has climbed to the top with a key retail metric \u2014 and Dallas-Fort Worth is a key…\n","protected":false},"author":3,"featured_media":193941,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5135],"tags":[5229,1596,4329,6270,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-193940","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-america","9":"tag-dallas","10":"tag-real-estate","11":"tag-retail","12":"tag-texas","13":"tag-tx","14":"tag-united-states","15":"tag-united-states-of-america","16":"tag-unitedstates","17":"tag-unitedstatesofamerica","18":"tag-us","19":"tag-usa"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/193940","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=193940"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/193940\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/193941"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=193940"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=193940"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=193940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Interior](\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/VOZLGBWVGJBWVFMZKDQCSXHWQA.jpg\")
<\/p>\n