Land and Acreage

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 →

DART seeking developers for Mockingbird Station properties.

By Steve Brown and the Dallas Morning News Mockingbird Station was Dallas’ first transit-oriented development. Now the commuter rail line that made Mockingbird Station a success is offering a major development opportunity next door. Dallas Area Rapid Transit has hired a commercial real estate broker to find a developer to build on 11 acres of parking lots it has at…read more →

Dallas area needs more than 132,000 additional home starts, Realtors’ report finds

By Steve Brown and Dallas Morning News Almost every sector of the Dallas real estate market has rebounded to pre-recession levels — some properties even more. But homebuilding is not close to the volumes seen before the economic crash. Home starts in the Dallas-area are about 40 percent less than they were in 2005. And shortages of labor and rising…read more →

$700 million lakeside community opens east of Dallas near Lake Ray Hubbard

By Steve Brown and the Dallas Morning News A $700 million residential community is opening its doors on Lake Ray Hubbard. The 787-acre Heath Golf & Yacht Club development near Rockwall will have 1,200 homes and an 18-hole golf course. The residential community is near U.S. Highway 80 and has homes starting at more than $300,000. Builders in the project include Dunhill…read more →

Perot family’s Circle T Ranch north of Fort Worth to be 130-acre mixed-use project

Article by Steve Brown and the Dallas Morning News Developer Hillwood will team up to turn part of the Perot family’s Circle T Ranch north of Fort Worth into a 130-acre mixed-use development. Hillwood said Wednesday that it will build the $1 billion Westlake project in partnership with Howard Hughes Corp., which owns a section of the land. The proposed…read more →

With costs through the roof, DFW builders rarely construct affordable homes

By @SteveBrownDMN and the Dallas Morning News North Texas residents looking for an affordable new home may soon be out of luck. That’s because homebuilders are continuing to focus on the mid and upper-priced market while all but abandoning the lowest-priced new housing. Starts of new homes in the Dallas-Fort Worth area priced between $200,000 and $250,000 dropped more than…read more →