Northern suburban growth is a threat to southern Dallas redevelopment, too

If you lived here in the late 1980s and early 1990s, you’ll remember that Dallas was on the ropes. Big time.

Real estate and banking had cratered. Main Street had dozens of shuttered businesses. Dallas was being called the hole in the regional doughnut, a less than flattering comparison to Detroit, and an acknowledgement that the tax and job base had exited to northern suburbs.

Those suburbs were winning a dog-eat-dog battle with Dallas, attracting businesses with the promise of land and tax breaks.

Dallas has rebounded. I can’t describe it now as the hole in the regional doughnut, especially downtown. Growth, however, is relative, and Dallas’ northern suburbs — Denton and Collin counties — are hot and getting hotter. However, I’m seeing historical trends repeating.