Archive for November, 2016

That Big Box Sam’s at Cityplace May Not Happen After All, Property Could Command Higher Price

By Candy Evans and Word came Tuesday from Jonas Park, the “Accidental Activist”, that a Dallas county judge has ruled to void an ordinance for a planned development district on Central at Carroll Avenue, across from Cityplace, that was all but certain to be a big box Sam’s Wholesale Club. Talk about David and Goliath: Judge Michael O’Neill ruled…read more →

Frisco’s $2 billion Wade Park project stuck in slow lane on the tollway

By Steve Brown and the Dallas Morning News One of the biggest projects on Frisco’s much touted $5 billion mile may also be one of the slowest. The $2 billion Wade Park development is the most ambitious of several huge mixed-use developments in the works along the Dallas North Tollway. The 175-acre project at the southeast corner of the tollway and Lebanon Road…read more →

Legacy West’s new campus for FedEx Office up for grabs

By Steve Brown and the Dallas Morning News The first phase of the $3 billion Legacy West development in Plano is up for sale. FedEx Office’s international headquarters on Legacy Drive near State Highway 121 is being offered for sale to investors. The 265,000-square-foot office campus was built by developer KDC and was the first building to open in the 250-acre…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 →

Stubborn Texas homeowners staying put when demand for houses is soaring

By Steve Brown and the Dallas Morning News Since the Great Recession, Americans have been staying in their homes on average about 60 percent longer. Of course, real estate agents don’t make any money unless people buy and sell houses, so the longer tenure of today’s homeowners is on their worry list. In Texas and surrounding states, people who bought homes…read more →