The Dallas-based Greyhound company has announced that it will be shutting down a decades-old bus terminal in October.
The 26,000-square-foot terminal, located at 205 South Lamar St., has been around for more than 45 years and currently has a value of $2.8 million, according to The Dallas Morning News.
This decision comes more than a year after Twenty Lake Holdings purchased 33 Greyhound terminals located across the country for more than $140 million in 2022.
Greyhound has stated the reason behind closing the terminal is an end to the current lease, adding that the company is in “the early phases of working with the City of Dallas to identify Greyhound’s future terminal location.”
“When Greyhound was acquired by Flix SE in 2021, the prior owners of Greyhound, FirstGroup, retained ownership of many of the terminal locations, including the Dallas terminal. The property is now owned by Twenty Lake Holdings,” said Greyhound in a statement, per Culture Map Dallas.
Joseph Schwieterman, director of the Chaddick Institute for Metropolitan Development at DePaul University, said that maintaining the bus connection in Dallas is incredibly important due to the volume of passengers and the geographic location of the city.
Schwieterman warned that removing the terminal without a replacement plan could lead to “a big risk that the network will decline without a good station in Dallas.”
“I will say Dallas has an outsized importance as a connecting hub due to its favorable geography,” he said, per The Dallas Morning News.
“You’ve got traffic coming up from Mexico, lots of traffic from McAllen and Laredo, lots of migrants. East-west traffic tends to get funneled through Dallas,” he said.
Many travelers who are commuting through Dallas use the terminal for more than just buses, as taxi driver Abebe Getaun can attest. He said he has worked out of the terminal at times.
“It’s not only taxi, I mean, a lot of Uber drivers make money here, too,” he added, per NBC 5 DFW.
Dallas City Council Transportation Committee chair Omar Narvaez (District 6) has spoken about Greyhound’s decision and said the committee will work hard to find a location to move the terminal.
“The goal is to make sure it’s not overlooked and people are not ending up on the street just kicked off of their bus, wherever they’re dropping them of,f and that’s why we’ve been working together,” he said, per NBC 5. “Lots of different options, and we’re looking at everything to see what makes the most sense.”