New Construction

Houston Construction Projects Jump in October

Summary of article in Houston Chronicle, by Katherine Feser  October was a good month for the Houston real estate development market.   According to Dodge Data & Analytics, October construction starts grew a healthy 51% over last year’s October.  At $1.7 billion, most of the gain was in the non-residential sector, with an increase of $736 million, up from $276 million in 2018….read more →

Lack of Attainable Housing Stymies Millennial Generation. Houston Cranking Out Entry Level Homes.

Why many would-be home buyers are renting — for now Here’s the good news: Income growth among 25- to 34-year olds — the millennial generation — grew 5.6 percent last year. And first-time homebuyer loans are up. Millennials are buying homes and debunking the myth that they don’t want to be homeowners. High student loans are beginning to fade in…read more →

Houston developer Hines revitalizing acres of North Dallas into high-end community

Photo courtesy of Dallas Morning News and Nathan Hunsinger/Staff Photographer) Article by Steve Brown and the Dallas Morning News You may need a map to find one of the biggest new home communities being built in North Dallas. Just a couple of blocks north of Presbyterian Hospital on Meadow Road, the 300-home residential development is going up in a neighborhood once…read more →

New York and Texas ranked top 2 markets for commercial real estate development in 2016.

    By Steve Brown and the Dallas Morning News For the second year in a row, Texas was behind only New York in total commercial real estate spending in 2016. Commercial property construction expenditures topped $18.5 billion in the Lone Star State last year. And development supported  310,994 Texas jobs, according to the new report by the NAIOP Research…read more →

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 →

2016: A record year for Dallas real estate

By Steve Brown and the Dallas Morning News What a year — 2016 saw a string of all-time highs in the North Texas real estate market. Record commercial property sales. Record home prices. Construction cranes sprouting across the horizon. This year has been like a flashback to the 1980s boom, but without the crooked savings and loan money and development…read more →