Multifamily

First look: Six-story apartment/retail complex proposed in Lakewood

Developer Southern Land Company sought public input before bringing its six-story, high-density retail/apartment proposal on Oram to the city. While City Councilman Philip Kingston said recently he has not yet been approached by the principals on the project, neighbors got an early look at the new plans last week. The proposal would change the skyline of Lakewood, bringing the towering building…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 →

Why Dallas-area apartment builders, analysts expect starts to slow in 2017

By Steve Brown and the Dallas Morning News With more than 28,000 apartments set to open in North Texas next year, will there be enough renters to fill them all? As long as Dallas-Fort Worth’s economy keeps growing at current levels, demand for new rental units will remain high, apartment analysts and developers say. But developers say that tougher financing requirements…read more →

Construction kicks off on $1.5 billion Frisco Station project.

By Steve Brown and the Dallas Morning News Construction has started on the first building in the biggest development in Frisco’s much-touted $5 billion mile of projects. The 242-acre Frisco Station project wraps around the Dallas Cowboys’ new headquarters and practice facilities on Warren Parkway just west of the Dallas North Tollway. Work begin Tuesday morning on a seven-story office…read more →

Virgin’s Richard Branson breaks ground for Dallas hotel with hat, horse, and Dirk Nowitzki handshake.

By Karen Robinson-Jacobs and the Dallas Morning News Sir Richard Branson, who launched a travel and entertainment network that spans oceans, began putting his stamp on North Texas on Monday with the official ground-breaking for Virgin HotelsDallas.  And in a nod to the region’s cowboy roots, he rode in on a horse. Accompanied by a beauty queen. Construction on the…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 apartment rents at all-time high.

By Steve Brown and the Dallas Morning News A huge demand for new apartments in North Texas has pushed rents and building occupancy levels to an all-time high. Dallas-Fort Worth apartment rents jumped by an average of 7.1 percent in the third quarter from a year ago. Previously rents in the area had never seen an average annual increase of…read more →