AUSTIN – A section of Spicewood Springs Rd. will be widened to four lanes following the approval of a $34.18 million contract with DeNucci Constructors LLC. City transportation plans identify Spicewood Springs Rd. as a major arterial road, as it sees large volumes of cross-through traffic. Spanning from Mesa Rd. to Lp. 360, the section […]

FRISCO – An investor partnership is acquiring the 161,264-sf Baylor Scott & White Frisco Medical Center. Located at 5601 Warren Pkwy., the 68-bed hospital has 11 operating rooms, an emergency department, onsite pharmacy, private rooms, and a two-story parking garage. The 7.4-acre medical campus is fully occupied by Texas Health Ventures Group. Chicago-based Remedy Medical Properties and […]

​​​SAN ANTONIO – Colorado-based private equity real estate company Cooper Street Capital has acquired the South Hill Apartments at 2815 Lasses Blvd. The company took out a $9.16 million loan from Greystone. The assessed value of the 174-unit complex is $8.5 million. The South Hill Apartments have one- and two-bedroom units starting at 520 sf. […]

LEANDER – Penske Automotive Group has broken ground on Hyundai Leander. It will be next to the existing PAG Honda dealership. The seven-acre dealership at 9550 183A Toll, Bldg. 2, will have more than 70 employees and 400 parking spaces for new and used vehicles. It is expected to open in November 2024. read more…

HOUSTON – Vertical construction is finished on the Ismaili Center on the southeast corner of Allen Pkwy. and Montrose Blvd. five years after development started. Located on 11 acres, the five-story spiritual center for Ismaili Muslims is 72-ft high with two underground levels for parking. The building interior will include three atria, each next to an […]

LEAGUE CITY – Hillwood Communities is developing Legacy, an 805-acre master-planned community just south of the future intersection of League City Pkwy. and West Blvd. The land has more than 100 acres of green space, which is dedicated to League City for a regional park. Lot sizes will be in the 80-ft range and above, […]

CARROLLTON – A six-acre apartment project broke ground east of I-35E and will open in 2025. The 331-unit Diamond Flats at 1402 Carrollton Pkwy. and SH 121 will have coworking space, a fitness center, resort-style pool, game room, and secured parking garage. Cleveland-based NRP Group and Miami-based H.I.G. Realty Partners are partnering on​​ the development with financing […]

​DALLAS – A 200,000-sf retail center was approved for rezoning to add apartments. The Hill retail center will break ground on the $66 million rental community in March and open in 2025. The eight-story apartment building will include a seven-story parking garage. The property is planned to be a walkable mixed-use development. Owner North Carolina-based […]

GEORGETOWN – ZT Systems, a computer server manufacturer, has announced they are building a 430,000-sf manufacturing facility in the 146-acre NorthPark35 industrial development. NorthPark35 is at the intersection of I-35 and SH 130. Other tenants include Texas Speed & Performance, The Greater Austin Merchants Cooperative Association, and Aeronet. The facility will create up to 1,500 high-tech jobs when it […]