With The Byron Nelson, Cowboys Pulling Up Stakes in Las Colinas, Will Irving Lose Its Lustre With Luxury Buyers?
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Will the horses of Las Colinas keep charging without the Cowboys there?
Poor, Beth Van Duyne! First the Byron Nelson announced that it will be relocating, and now the Cowboys are pulling up stakes from their Valley Ranch training facility and heading for Frisco. The Irving mayor must be having fits!
Of course, what we want to know is how all those luxury homes and condos, and all that great shopping will fare without America’s Team, which happens to be the most valuable in the NFL.
But, what about the Irving Entertainment Complex that was recently given the green light by the Irving City Council? Well, that project doesn’t exactly have a clean slate, given its history of lawsuits and he-said/she-said documents alleging all sorts of claims. So, what’s the outlook for Irving and Las Colinas?
We chatted with Brandon Calhoun, a star agent and real go-getter with Coldwell Banker DFW’s Irving/Las Colinas office. For all the turbulence in the area, Calhoun says that with all of the new units poised for sale, and with many great attractions in the area, the area will likely only feel a blip on its collective radar. Besides that, it’s not like Valley Ranch is going to disappear, either.
“I don’t see it having a big affect on the market. I still think there’s going to be a lot of attraction to the area, to Las Colinas,” Calhoun said. He’s confident that people will still be drawn to the area’s excellent value and great location, with demand for luxury homes and condos continuing to remain brisk
“There’s a fair amount of luxury inventory — especially with the new Highland homes on Riverside in Las Colinas,” Calhoun said. Existing home inventory is low, with few people moving from the area, so Calhoun feels that with brisk traffic, more people are moving to Las Colinas than are leaving.
With the Byron Nelson and the Cowboys leaving, “it’ll slow down a little bit … but there’s still a fair amount of traffic,” Calhoun said.
Calhoun sounds pretty confident. What do you think?
I think this is a great time to buy some investment properties in Irving and I am looking!
I think this is a great time to buy some investment properties in Irving and I am looking!
Exxon and the hundreds of other (Irving/Las Colinas) corporations fill the expensive properties, The Dallas Cowboys I'm thinking filled very few.
Marshal how do you think the values will hold up? Or will they?
Exxon and the hundreds of other (Irving/Las Colinas) corporations fill the expensive properties, The Dallas Cowboys I'm thinking filled very few.
Marshal how do you think the values will hold up? Or will they?
Yes it is Candace! With the Entertainment Complex, Water Street, and Cypress Waters Developments underway Irving is bound to be back in the light. Not to mention all the new jobs that will be created.
Totally agree!
Yes it is Candace! With the Entertainment Complex, Water Street, and Cypress Waters Developments underway Irving is bound to be back in the light. Not to mention all the new jobs that will be created.
Totally agree!
I may be a bit partial since I was born in what was once called Irving Community Hospital (Now Baylor Irving). However, I recall an Irving (population 26,000) before the Cowboys, the Irving Mall, Las Colinas… let's just say that there is one thing that Irving has that CANNOT lose… LOCATION, LOCATION, LOCATION. Irving is the CENTER of the metroplex. There will always be another anchor to fill the void.
I may be a bit partial since I was born in what was once called Irving Community Hospital (Now Baylor Irving). However, I recall an Irving (population 26,000) before the Cowboys, the Irving Mall, Las Colinas… let's just say that there is one thing that Irving has that CANNOT lose… LOCATION, LOCATION, LOCATION. Irving is the CENTER of the metroplex. There will always be another anchor to fill the void.