SAN ANTONIO – Johnson Development has announced their purchase of 800 acres at Briggs Ranch, a master-planned community on the far west side. The developer is partnering with Heartwood Development Group to develop the property for more than 2,000 homes. A public improvement district is in place to impose property, sales, and hotel occupancy taxes to […]
Archives: February 2024
JCI's new multifamily project in Manor to be funded by KeyBank
MANOR – JCI Residential’s 325-unit mixed-income project called Cantarra Apartments will soon begin construction. Approximately half of the units will be reserved for renters earning 60 percent or less of the AMI. Amenities will include three courtyards, two fitness rooms, a spin room, bike storage space, and pet play and wash areas. KeyBank has provided a […]
Ways to Stay Healthy in the Metroplex
Image by: Nathalie Désirée Mottet Thrive in the Big D: Why Healthy Habits Matter The DFW Metroplex pulsates with energy, offering endless opportunities for work, play, and everything in between. But amid the bustling cityscape and vibrant lifestyle, remember: your health is the foundation of it all. Maintaining healthy habits isn’t just about checking boxes; […]
177K-sf Richardson shopping center sold
RICHARDSON – A 50-year-old shopping center has been sold with plans of renovating the 177,000-sf building. The 12-acre Promenade North Shopping Center at Coit and Arapaho roads is 70 percent leased with tenants including Verizon, Papa Murphey’s, and Wingstop. Improvements will be made to the exteriors, landscaping, parking lots, signage, and lighting over 12 to 24 […]
Transit-oriented rental community planned for Plano
PLANO – A $50 million transit-oriented apartment project is in the works near Bush Turnpike. The 474,355-sf Aura Northline will have 325 units across two five-story buildings and a five-story parking garage. The rental community will open in early 2026. The site is between two DART stations, including the 26-mile DART Silver Line. Developer […]
Harris County breaks ground on 60-home affordable housing development
HOUSTON – The Harris County Community Service Department has broken ground on a single-family home development in north Houston called Providence Gardens. The 60-home development is at 16755 Ella Blvd. The project aims to provide housing for low- to moderate-income households. Fifty to 75 percent of the homes will be sold to qualifying households at or below 80 percent of the average median […]
Bridging the Gaps on the Road to Homeownership
Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate experts can make all the […]
Dallas' Energy Plaza reopening after $300M renovation, rebranding
DALLAS – A rebranded 49-story office tower is opening after $300 million in renovations and new residential units. Formerly Energy Plaza tower, The Sinclair will open next month with the upper floors converted into 293 luxury apartments. The 1.2 million-sf tower will also have 450,000 sf of office space, a residential lobby, office lobby, lounges, […]
Investor acquires 195K-sf DeSoto shopping center
DeSOTO – A 40-year-old shopping center on I-35 has changed hands. The Crossing at Pleasant Run is 98 percent leased including anchors Kroger and Ross Dress for Less. The 195,000-sf retail center was purchased by Corsair Property Co. The sale was financed by North Dallas Bank & Trust and brokered by Bryne & Co. Corsair Property […]
153-site RV Park sold in Baytown
BAYTOWN – Lost River RV LLC has sold the Lost River RV Park at 8407 N. FM 565 Rd. The 11-acre park has 153 sites and 47 self-storage units. Partners Real Estate represented the seller, while NAI Capital represented the buyer. read more…