..... But, despite extensive discussion here from proponents and opponents of a downtown aimed at tourists and permanent residents, it's still a central business district. It needs a strong office and retail market.
Office/employment decisions should not be the purview of a city. Businesses create and eliminate jobs; and as it has always been, controlling labor costs and striving for productivity is what businesses do by investing in technology and downsizing where ever the possibility present itself. Cities create and invest in neighborhoods.
The City is doing exactly as it should be doing - creating the environment for a vibrant Downtown Neighborhood - improvement to the CC; building a new arena; the beautification of the Downtown. High among the thing that the City should be doing is taking steps to secure a sufficient supply of affordable housing in Downtown. A mixture consisting of a greater proportion of residential to employment will lessen the impact of future employment downsizing; sustain a healthy retail sector; and vibrant pedestrian and leisure sector.
That the hotel and residential markets are keen to come into Downtown, while at the same time, employment is leaving or remaining static is a sign that Fort Worth is headed in the correct direction.
Even though it still seems like a central business district, the future business of Downtown will be tourism, residential, hospitality and entertainment.