Archive for January, 2017

Dallas builders bid to buy DISD headquarters properties east of downtown

By Steve Brown and the Dallas Morning News A Dallas apartment and commercial building developer is offering more than $9 million to buy the Dallas Independent School District headquarters on Ross Avenue. Leon Capital Group won a bid to purchase the school headquarters buildings at Ross and Washington avenues just east of downtown. The office buildings are on part of…read more →

D-FW new home sales jumped in fourth quarter but builders couldn’t keep up

By Steve Brown and the Dallas Morning News North Texas new home sales rose 14 percent in the fourth quarter from a year earlier. But even with strong demand, Dallas-Fort Worth builders couldn’t break the 30,000-home start barrier in 2016. Builders started 29,337 new homes in the area last year — an increase of only about 5 percent from 2015 levels, according…read more →

Texas ranks #2 in nation for in-migration in 2015.

Texas experienced a net gain of out-of-state residents in 2015, with 107,689 more people moving to Texas than Texas residents moving out of state. This is a 4 percent increase in the net gain of Texas residents from 2014 (103,465 residents). The total number of residents moving to Texas from out of state in 2015 increased 2.8 percent year-over-year to…read more →

Apartment, retail project in the works next to Dallas’ Medical District rail station

By Steve Brown and the Dallas Morning News StreetLights Residential is working on a more than 400-unit apartment and shopping center development across the street from the Inwood/Love Field DART rail station off Maple Avenue. The planned development would occupy more than 4 acres at Denton and Hudnall drives just east of Maple. The property is now occupied by a…read more →

Rockwall’s lakeside Harbor development sells to Dallas investor

By Steve Brown and the Dallas Morning News One of Rockwall’s highest-profile developments has been purchased by a Dallas-based investment and development group. PegasusAblon has bought The Harbor development on Lake Ray Hubbard with plans to upgrade the property. PegasusAblon acquired the 130,000-square-foot retail and restaurant portion of The Harbor and land for additional construction. “The Harbor is one of…read more →