HOUSTON – Nordstrom Rack is developing a 34,000-sf store. It will be the retailer’s second location in the area. The store will be within Meyerland Plaza, a shopping center at the southwest corner of Loop 610 and Beechnut in the Meyerland neighborhood. The store is slated to open this fall. read more…
Archives: January 2024
127 luxury homes coming to Flower Mound
FLOWER MOUND – A luxury residential community is being planned with the first model homes coming this fall. Oakbridge Crossing will have 127 homes ranging from 3,600 to 6,000 sf and starting at $1.5 million. The first homes will be at Aberdeen Dr. and Lake Forest Blvd. Pennsylvania-based developer Toll Brothers Inc. has three other residential communities […]
112-key Hotel Granduca slated for renovation after recent sale
HOUSTON – Transwestern Hospitality Group paid an undisclosed amount to purchase Hotel Granduca, a 122-key luxury lodging establishment at 1080 Uptown Park Blvd. Transwestern plans to begin renovation work in mid-2024. The project will include renovating the ground floor to create a gathering place with a restaurant. The hotel will also have larger event space, new […]
Construction wraps up on industrial project in The Colony
THE COLONY – The final phase of a four-building industrial project has been completed, adding 778,950 sf across the complex. Live Oak Logistics completed the second phase with buildings ranging from 115,920 to 395,000 sf with 36 ft clear heights and support for manufacturing, warehousing, and distribution users. New York-based Link Logistics developed the project with GSR […]
Are More Homeowners Selling as Mortgage Rates Come Down?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s really […]
YardHomes Meadow Lake community to have grand opening next month
ROUND ROCK – Urban Moment is nearing completion of YardHomes Meadow Lake, a 247-unit build-to-rent residential complex. The development has one-, two-, and three-bedroom units ranging from 635 to 1,375 sf. Units have private backyards and are furnished with stainless steel appliances, granite countertops, walk-in pantries, and keyless entry mechanisms. Amenities include a pool, fitness center, dog park, and […]
Large Midland industrial site sold
MIDLAND – An 82,675-sf industrial building at 5500 N. C.R. has been sold. It’s fully leased to steel fabricator NG Resources Corp. The lot spans 40 acres, and the building has 32-ft clear heights, 19 overhead doors, and 8,600 sf of office space. Colliers represented the seller in the transaction. read more…
Ground breaks on Spine Rd., paving way for Hutto's Megasite
HUTTO – Construction is underway on the main thoroughfare, currently dubbed Spine Rd., which will become a hub for big tech manufacturing developments off US 79. The road will serve as the main roadway to the 1,400-acre Megasite, where tech companies are planning to build data center campuses. Titan Development has already begun working on an industrial park to provide […]
Fort Worth private elementary breaks ground on new school
FORT WORTH – Fort Worth Country Day has broken ground on the Annie Richardson Bass Lower School, a state-of-the-art, $25 million facility that will replace the existing Lower School built in 1964. Located at 4200 Country Day Ln. on 104 wooded acres, the new 32,720-sf chool for grades one through four will be completed in spring […]
Dallas services firm relocating from Chase Tower to Uptown office project
DALLAS – Professional services firm Deloitte LLP will move its headquarters from the former Chase Tower to Uptown’s unfinished office building. Located at Maple Ave. and Cedar Springs Rd., the 26-story 23Springs office tower will finish construction in 2025. Deloitte will lease 100,000 sf on four floors in early 2026. The 625,000-sf tower has two […]