Article by @SteveBrownDMN and Dallas Morning News North Texas apartment construction has exploded in the last few months, reaching almost unheard of levels. More than 50,000 apartments are currently being built in the Dallas-Fort Worth area – a jump of almost 7,000 units in just the last three months, according to a new report by MPF Research. More apartments are…read more →
Great news, everybody. The white-hot Dallas-area real estate market is even hotter than ever. Again! Pick your data point, and you’ll see proof. Prices? Dallas is beating most of the country there. In the first month of this year, the Dallas area ranked No. 3 nationally for home price gains, trailing only Denver and San Francisco, but easily besting Houston…read more →
Article by @SteveBrownDMN and the Dallas Morning News Busy Dallas-based developer KDC isn’t just building in the ‘burbs. Along with the headquarters for Toyota in Plano and Verizion’s Hidden Ridge development in Irving, KDC is working on two new projects in the downtown area, too. The commercial real estate firm is just finishing construction on the 1920 McKinney tower in…read more →
Houston may have higher temperatures, but when it comes to the housing market, Dallas is hotter. Our neighbor to the north has been on the list of the nation’s hottest markets every month this year, ranking No. 3 in June, according to a new ranking by Realtor.com. The only other Texas metro area to crack the top 20 so far…read more →
Article by @RobertWilonsky and Dallas Morning News With a single, simple vote of the Dallas City Council, Wednesday marked the official beginning of the end of Valley View Center. Related Come year’s end, said developer Scott Beck afterward, the wrecking balls and excavators will begin erasing the once-thriving mall built in 1973 at the corner of LBJ Freeway and Preston Road. The…read more →
Before we get into a whole thing about it, let me just ask a question. If a formerly down-at-the-heels inner-city neighborhood is becoming more middle class, which way should house prices be going, up or down. Well, wait. Two questions. If the city wanted to promote middle-class housing in a neighborhood, would do it by building houses cheaper than the…read more →
Ross Perot Jr.’s Hillwood Urban real estate firm is looking for tenants for a high-rise office to be built on the last vacant site along Dallas’ posh Turtle Creek corridor. The 17-story tower planned at Turtle Creek Boulevard and Cedar Springs Road will occupy a block that has been empty since the mid-1980s. Hillwood hired award-winning architect Pickard Chilton of…read more →
By Randy Baird, Cushman & Wakefield You only have to watch CNBC for about 10 minutes before you hear speculation that the global capital markets are on the verge of collapse. Of course, if the global markets are collapsing, the U.S. must also be collapsing, and with the sharp decline in energy commodity pricing, Dallas will lead the way into the…read more →
Article by @SteveBrownDMN, Dallas Morning News A new Frisco development in the works will bring 1,800 homes and 1,400 apartments plus retail and office space to one of North Texas’ fastest growing areas. Related Frisco’s Wade Park project lands two more retail tenants Developer kicks off second phase of huge Frisco apartment community Tyler bank funds Frisco Station construction on…read more →
Article by @SteveBrownDMN, Dallas Morning News A Houston-based builder that once was well known in North Texas is returning to the Dallas-Fort Worth market following an acquisition. Related Builder making North Texas debut with high-profile project Perry Homes has purchased the D-FW operations of Scott Felder Homes and plans to build houses in more than a dozen area communities, including…read more →
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