​DALLAS – A luxury Uptown hotel has finished its $22 million renovation. The 218-room Ritz-Carlton at 2121 McKinney Ave. upgraded the rooms, suites, spa, the Ritz-Carlton Club Lounge, and dining venues, and added a new lobby retail boutique.​ The interior renovations were designed by Rottet Studio and ForrestPerkins. The hotel is owned by a partnership […]

AUSTIN – Atlanta-based MDH Partners is developing 71 Logistics Center, a 216,000-sf industrial project near Austin-Bergstrom International Airport. The facility will sit on 45 acres and have 142 parking spaces, 54 trailer parking spaces, an ESFR sprinkler system, and 32-ft clear heights. Regions Bank provided a $17.8 million construction loan. JLL arranged the debt. The center is slated […]

​NEW BRAUNFELS – New Braunfels Christian Academy, located at 220 FM 1863, has broken ground on a new athletic complex. The facility will have a turf field, eight-lane track, jumping pits, throwing areas, bleachers, press box, weight room, dressing rooms, coaches offices, field house, and concessions. The privately funded project will cost roughly $11 million, […]

​FRISCO – Hall Park is getting a 214-unit luxury apartment tower as part of the first phase of its $500 million redevelopment. Located at 3101 Gaylord Pkwy., the 19-story Monarch Hall Park tower will have a 21,700-sf, sixth-floor amenity level including a club room, resort-style pool, fitness studio, and meeting space. Monthly rents will range from $3,000 to $21,000 for penthouses. […]

​WACO – West Waco Drive Ltd. has sold its fully leased retail center in an all-cash, off-market transaction. Located on 1.75 acres, the 30,400-sf Center West at 4700 W. Waco Dr. is a ten-tenant mix of national and regional brands as well as local services-related retailers, the largest of which occupies 9,000 sf. The buyer, SPTX 4700 […]

​MIDLAND – Boot Lake Ranch Property Owner LLC has submitted plans for a new retail and event center at the Nueva Vista Golf Club.  The center, which will include dining options, shopping opportunities, and a waterfront area, is expected to bring over 100 new jobs and property tax benefits.  The site could ultimately span 300,000 sf and incorporate restaurants, […]

WACO – The proposed Waco Culture, Arts and Performance Center is taking shape as the next step begins. The building is being planned for a city-owned plot at University Parks Dr. and Franklin Ave., in the center of downtown. Architecture firm OMA was selected last year, and a contract was signed with Community Counseling Service Co. to study […]

​​DALLAS – A warehouse project will begin construction on 17 acres near the DFW International Airport in March 2024. New York-based global investor GTIS Partners acquired the land near SH 141 to build a 272,000-sf Class A warehouse. The property is one of the last industrial development sites in the area. GTIS has $1 billion in […]

SAN MARCOS – South Carolina-based Woodfield Development has purchased 22.8 acres at the corner of Staples Rd. and Old Bastrop Hwy. Woodfield plans to develop a 360-unit apartment project called Addie’s Point. Vanguard Real Estate Advisors arranged the sale.​ read more…