Multifamily
The Dallas City Council on Wednesday deferred a rezoning decision on a multifamily development for homeless veterans that has been operating under the radar in a single-family neighborhood on South Polk Street for eight years. A code complaint was filed by a neighbor over the summer, prompting operators of the “dwelling unit” to request a…
Read MoreWhile the Dallas-Fort Worth region has experienced record-low inventory in the single-family real estate market and unprecedented growth in housing prices, another industry has prospered just the same. Many D-FW residents have seen the buildings popping up all over the place, but did you know the Dallas area is also a top destination for apartment…
Read MoreBy Mike AlbaneseSpecial Contributor COVID, inflation, and labor shortages are noted as the main reasons for extended construction timelines. Area multifamily developers say inflation, rising interest rates, labor shortages, and supply chain issues are dragging out construction timelines. Data from the 2021 Survey of Construction from the Census Bureau revealed the average length of time…
Read MoreA new report from Apartment List analyzes the top trends in the 2017 rental market and predicts their impacts in 2018. For example, the report highlights the increase in the homeownership rate after a decade of declines, as well as the decrease in the share of rental units considered affordable to the lowest-income renters. Although…
Read MoreLooks like there could be a new mixed-use or multi-family development coming, as Charlie Perdue of Perdue Equities Company has listed this 2 acre site on Greenbrier with unobstructed downtown Dallas views. Trust me, this is an incredible lot, and is right in the Oak Cliff Gateway. “The site would be ideal for a seven- to…
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