​WACO – Waco is footing the $1.2 million bill to make ‘Quiet Zone’ changes at ten Union Pacific railroad intersections within a 1.4-mile stretch between Peach St. and 13th St.  These quiet zones prohibit incoming trains from blowing horns unless it is an emergency. Gregg Glime, real estate agent working in the downtown area, says, “This has been […]

​​NEW BRAUNFELS – Paravel Capital will start phase one of Lyndon Ranch, a three-story multifamily development along Loop 337, in December. The appraisal district says the land purchased by Paravel for Lyndon Ranch was valued at $2.4 million when sold, but no purchase price was disclosed. The complex, covering 267,000 sf, is planned to have 300 units, […]

​ALLEN – The Farm, a 135-acre mixed-use development, is seeing rapid expansion with new construction. The first project is Alta at the Farm, a 325-unit rental community developed by Wood Partners. The second is a 70,000-sf, two-story complex for High 5 Entertainment with a miniature golf course, bowling alley, laser tag, axe throwing, escape rooms, and […]

​DALLAS – A new business park is in the works near DFW International Airport. The two-building industrial project along SH 114 and Jetstar Dr. will total 170,000 sf. Hopewell Development is partnered with MBK Industrial Properties for the project. Ware Malcomb is the designer, and Colliers International is leasing the buildings. ​​ Construction will begin later […]

​​PLANO – A nine-story hotel has been sold in the Granite Park development. The Hilton Granite Park has 299 rooms and a conference center. It is at the corner of the Dallas North Tollway and SH 121.  Driftwood Capital represented the buyer, a Florida-based hospitality firm. It was purchased with a $56.8 million loan. The […]

​​​GALVESTON – Andover Properties has acquired a 47,000-sf self-storage facility in Galveston. The property offers 416 climate-controlled storage units and a variety of conventional units.​ read more…

​​​SAN MARCOS – A first-of-its-kind sober-living apartment complex has opened its doors as Hays County has an increase in drug overdoses. The Vibe Victorious provides housing for recovering addicts, who are held accountable for their sobriety by random drug tests, unit checks, and the occasional required support group meeting. The complex offers furnished three-person units and provides on-site gym, […]

​DALLAS – The downtown skyscraper at 1601 Elm St. will open to residents next month after redevelopment. Eleven floors of the 50-story Santander Tower have been converted into luxury rental units called Peridot. The 228 units are one- and two-bedrooms and range from 700 to 1,300 sf.  The apartments will have a private swimming pool, dog park, […]

FLORENCE – The Texas Department of Public Safety is adding to its Williamson County training facility, which is already a large part of the county’s economy as visiting officers stay in hotels and eat at local restaurants. The more than 1,000-acre property is at 810 CR 240.  The $381.5 million budget will support the construction of more dorms, additional physical training space, […]