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Isle at Watermere Sells, Turtle Creek Village Listed

Isle at Watermere Sells, Turtle Creek Village Listed

By Camelia Bulea, Associate Editor The Isle of Watermere in Southlake – a 67-acre development – was recently sold to a Chicago-based real estate investment partnership, along with an adjacent three-acre site, for a total of $50 million, according to the Dallas Business Journal. The property includes 66 assisted-living units and 26 memory-care…

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Granite Buys Class A Office Property in Uptown Dallas

Granite Buys Class A Office Property in Uptown Dallas

By Camelia Bulea, Associate Editor Granite Properties recently made an important acquisition in Uptown Dallas, with the purchase of Cedar Maple Plaza, an office property comprising three Class A buildings. The 120,000-square-foot property, built in 1985, is located across from the city’s Crescent Hotel. The firm plans to continue common-area improvements started…

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Dallas Celebrates Inauguration of The Calatrava Bridge

Dallas Celebrates Inauguration of The Calatrava Bridge

By Camelia Bulea, Associate Editor Designed by Santiago Calatrava, the bridge that crosses the Trinity River in Dallas was recently welcomed by Dallasites with an opening party with thousands of participants. The Margaret Hunt Hill Bridge, named after a local philanthropist who donated $12 million to the new project, cost $182 million…

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Luxury Condos, Class A Office Tower Planned for Uptown Dallas

Luxury Condos, Class A Office Tower Planned for Uptown Dallas

By Camelia Bulea, Associate Editor KDC announced plans to develop a 400,000-square-foot office tower in Victory Park. The developer formed a joint venture with Orlando-based Estein & Associates USA Ltd. for construction of the Class A tower in Uptown Dallas. The project [...]…

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$1B Growth Plan for South Dallas

$1B Growth Plan for South Dallas

By Camelia Bulea, Associate Editor “Plan for Growth in Southern Dallas,” a program newly revealed by Mayor Mike Rawlings, could lead to projects worth $1 billion for the 169 square miles of South Dallas. As it represents a large part of Dallas, [...]…

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Behringer Harvard, Hillwood Add High-End M-F Phases

Behringer Harvard, Hillwood Add High-End M-F Phases

By Camelia Bulea, Associate Editor The second phase of the Allegro II residential development has recently broken ground. Behringer Harvard, the developer of the luxury apartment community, bought the housing community in December 2010. The second phase will be adjacent to the [...]…

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FAA to Build $160M HQ; Hines-JP Morgan Venture Buys Computer Associates Building

FAA to Build $160M HQ; Hines-JP Morgan Venture Buys Computer Associates Building

By Camelia Bulea, Associate Editor The Federal Aviation Administration plans a $160 million build-to-suit project in Dallas for its southwest regional headquarters. One of the largest government real estate projects in the United States this year, the 357,214-square-foot structure will be built on [...]…

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Bell Helicopter Expands at DFW; Stoneleigh to Become First Texas Luxe

Bell Helicopter Expands at DFW; Stoneleigh to Become First Texas Luxe

By Camelia Bulea, Associate Editor The Fort Worth City Council recently approved a tax abatement that will not only keep Bell Helicopter Textron in Fort Worth but has also approved the expansion of its headquarters and facilities in the area. According to [...]…

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Carillon’s Phase One Complete; Atlanta Fund Acquires Williams Square, Home of the Mustangs

Carillon’s Phase One Complete; Atlanta Fund Acquires Williams Square, Home of the Mustangs

By Camelia Bulea, Associate Editor Hines has completed phase one of the Carillon master-planned development, a 285-acre mixed-use community located just northwest of Southlake Town Center near Dallas-Fort Worth International Airport. The developer has delivered 94 home sites, some of which [...]…

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New Projects Planned: Housing in Uptown Dallas; Frisco Square Revival

New Projects Planned: Housing in Uptown Dallas; Frisco Square Revival

By Camelia Bulea, Associate Editor Ohio-based Associated Estates Realty Corp. bought a 2.4-acre plot of land in Uptown Dallas from a private investor, with plans to construct an apartment building on the site. Initial plans called for a 22-story condo tower, [...]…

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Investors Purchase Plaza of Americas, Midtown Park

Investors Purchase Plaza of Americas, Midtown Park

By Camelia Bulea, Associate Editor The end of 2011 saw two important commercial transactions for the Dallas-Fort Worth area: the sales of Plaza of the Americas and the Midtown Park project. Possibly the largest trade in the downtown area in 2011, Invesco [...]…

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Shoe Carnival Builds New Facilities; Mercantile to Develop Warehouse Project

Shoe Carnival Builds New Facilities; Mercantile to Develop Warehouse Project

By Camelia Bulea, Associate Editor Indiana-based Shoe Carnival Inc. is expanding in the Dallas-Fort Worth market with groundbreaking on eight retail properties. Six of the stores are planned to open in the first quarter of 2012, with the other two opening [...]…

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