PLANO – Cawley Partners and Rosewood Property Co. will develop a one million-sf office project at 412 Texas Dr. in Heritage Creekside. Phase I will have a six-story, 250,000-sf building with a fitness center, conference center, and rooftop deck. The four-building project will include a central courtyard and an amenity hub. Construction will begin by first quarter 2021. Heritage […]
Archives: March 2020
4 Can't-Miss Spring Happenings at the Dallas Arboretum
Clearday picks up 22K-sf medical building
SAN ANTONIO – Clearday Inc. has acquired a 22,265-sf medical building at 8800 Village Dr. from Sixcap Partners LP. The company will renovate the property into its corporate headquarters. The first floor will be the flagship location of Clearday Clubs, a daytime care location for those with Alzheimer’s, dementia, or other chronic health conditions. The […]
Developers gearing up for $1.5B Lewisville project
LEWISVILLE – Locally based Bright Realty is developing Crown Centre, a 140-acre mixed-use development that has been more than five years in the making. At full build out, the $1.5 billion project will have: 3 million sf of office space, a 500-room hotel with covered parking, 2,000 apartments, 140,000 sf of retail space, green space with […]
Huntsville hospital under new ownership
HUNTSVILLE – The Huntsville Memorial Hospital, a 123-bed acute care hospital, has been sold. The Walker County Hospital District Board of Managers and Community Hospital Corp. have created a new company, Huntsville Community Hospital Inc., to own and operate the facility. The Real Estate Center has more Houston-area medical news on our website for free. Source: The Huntsville […]
TREC seeking feedback on recently proposed rules
AUSTIN – The Texas Real Estate Commission (TREC) is seeking input on recently proposed rules. At its Feb. 10 meeting, TREC adopted three rules, including one based on a recommendation received from its inspector committee. Seven rule amendments were proposed, including an amendment to TREC Rule §535.92, related to continuing education requirements. License holders and the public are encouraged to review […]
Equity Gain Growing in Nearly Every State
Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined […]
268-unit residential project breaks ground in Carrollton
CARROLLTON – JK & JY Development LLC has broken ground on The View Condominiums. Designed by Humphreys & Partners Architects, the 268-unit residential project will include 31,000 sf of retail and restaurant space. The property will have a pool, social lounge, fitness center, game room, business center, and fully equipped kitchen and bar. Completion is set for early 2022. […]
20-story residential and hotel tower coming to SA's skyline
SAN ANTONIO – DC Partners is building the Arts Residences and the Thompson Hotel, a 20-story, 337,000-sf high-rise tower at 123 Lexington Ave. The first 11 floors will be home to the 162-room Thompson Hotel. The upper floors will include one- to three-bedroom condos. The top two floors will have three- and four-bedroom penthouses. Construction of the hotel and […]
Smile, Plano! North Texas city second happiest nationally
WASHINGTON – Plano has ranked second on WalletHub’s list of America’s happiest cities in 2020. The Collin County city ranked fifth in lowest separation and divorce rate, sixth in emotional and physical well-being, ninth in income and employment, and 16th in community and environment. Austin ranked 22nd overall, the only other Texas city in the top 25. The Texas capital […]