Dallas mayor dismisses claims businesses are losing confidence in downtown as 'a bunch of bull'

Dallas Mayor Eric Johnson pushed back against claims that businesses have lost confidence in the city's downtown, calling the narrative "a bunch of bull" as officials considered incentives tied to a proposed $1.3 billion office tower development in his email newsletter published Tuesday.Local ABC affiliate WFAA 8 reported that Johnson said Dallas has led in post-pandemic economic recovery, highlighting that it has attracted major business investments, including a new Goldman Sachs campus expected to employ approximately 5,000 people and Frontier Communications' relocation of its headquarters from Connecticut to Dallas, and Morgan Stanley considering an expansion."Morgan Stanley choosing Dallas as a new regional hub would be a huge win for the fast-growing Y'all Street sector of the city," Johnson wrote in his email newsletter.REP ROGER WILLIAMS: 250 YEARS OF HARD WORK PAYS OFF FOR MAIN STREET BUSINESSESSeveral of the nation’s largest banks and financial institutions have expanded their presence in Texas in recent years, adding momentum to the rise of "Y’all Street." (iStock/Getty Images/Fox News)The article also pointed out that Nasdaq, the Texas Stock Exchange and the New York Stock Exchange are "coming to town."Johnson acknowledged that Neiman Marcus did close its downtown store, but it still plans to invest in its NorthPark Center location, about 13 minutes from downtown Dallas, and that Fifth Third and the Dallas Mavericks will still be in the city, but not in Downtown."FIFA chose Downtown Dallas — over many other interested cities — as the home of its international broadcast center for the World Cup and selected the region to host more matches than any other," Johnson said in the newsletter.TRACKING AMERICA'S WORLD CUP JOURNEY: HOW AND WHEN TO WATCH THE US MEN'S NATIONAL TEAMThe Dallas, Texas, skyline and a view of the city's downtown.  (iStock)"Does that sound like a loss of confidence, or does it sound like winning," he asked."The truth is that Dall...

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Publisher: Fox News

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