New Construction

Smoke on the Water — 3015 Cedar Springs’ Perot Plans and Turtle Creek Gardens Snatched Up

From Candy’s Dirt. Way back, a rather large mansion occupied the northwest corner of Cedar Springs and … well … Cedar Springs (or Turtle Creek depending on your map). It’s sorta across the street from The Renaissance condos.  For as long as I’ve been coming to Dallas (the mid-1980s) it’s always been an empty lot.  Apparently that’s about to change….read more →

Banks Take a Step Back on Construction Loans

Construction lending is on the rise as development pipelines continue to expand across commercial and multifamily markets. Yet borrowers are working harder to access that capital. The volume of commercial and multifamily construction loans put in place in January reached $311.3 billion based on total project value. That represents a 14.3 percent increase year-over-year and a 40.7 percent increase compared…read more →

Hillwood Exploring Plans for an Office Tower on Valley View Mall Site With 635 Frontage.

  Ross Perot Jr’s Hillwood Urban has reached an agreement with EF Properties LC to develop a 200,000 square foot office tower. EF Properties LC will continue to own the land of the former Macy’s Department store location, while Hillwood Urban will be the developer. This development site is separate from, but near Beck Ventures Midtown mixed use development project that…read more →

5 Tips to Building the Best Mixed-Use Real Estate Development in Dallas Tx

  Our panelists (pictured) unanimously agreed that major mixed-use isn’t viable without public investment. Forest City Texas president Brian Ratner says the Mercantile mixed-use redo wouldn’t have started without significant subsidy, and all the vacant Downtown buildings are now spoken for because public financing was involved. Panelist’s pictured include Space Between Design Studio partner Patrick Kennedy, Corinth Properties founder Frank Mihalopoulos, Retail Properties of America…read more →