Update, 10:50 am: With more rain and hail in the forecast, the folks at Cobalt Homes & Katie Aspen and Jeff Mitchell have decided to re-schedule tonight’s opening bash for March 22. Stay tuned for details, and please ask Mother Nature to give the real estate community a break!

Don’t forget to join me and Cobalt Homes, along with Katie Aspen, Jeff Mitchell, and more fine Real Estate folks for a very special event Wednesday evening introducing Camdale Court. These are a most unusual real estate product you simply have to see!

You’ve heard all about it, now you can experience it along with Don Chingon at the exclusive launch party! 

  • Empanadas – stuffed with seasoned ground beef chorizo, potatoes, Spanish olives and spices served with a chimichurri sauce 
  • House Made Queso
  • House Made Salsa
  • House Made Chips
  • Chicken Quesadillas – flour tortillas filled with monterey jack, caramelized onions and roasted peppers served with a fire roasted salsa and sour cream

Of course, bubbly for all.

Camdale Court is a development unlike any other in East Dallas, and it is setting new standards for multi-family living across North Texas. We will see you from 4:00 pm to 7:00 pm. Cheers!

Remember this name: Cobalt Homes. A Dallas-based urban builder disrupting the urban town home concept with not just aesthetics and quality construction, but an unheard of thoughtfulness — like a sixth sense — to provide buyers comfort and true home livability.

We all love stories about guys who started famous companies at home. In 1939, Bill Hewlett and Dave Packard founded HP in Packard’s Palo Alto garage, now the birthplace of Silicon Valley. In 1976 when Steve Jobs and Steve Wozniak started Apple Computers, they hand built 50 computers in 30 days from a garage in Cupertino, California. 

Larry Page and Sergey Brin were graduate students and started what’s now known as Google from Susan Wojcicki’s garage in September 1998. Jeff Bezos founded Amazon.com in 1994 as an online bookstore, completely run out of his garage in Bellevue, Washington.

In North Texas, Canadian-born Larry Lacerte started Lacerte Software Corp. in his home in 1978, the first desktop application for general ledger and tax preparation. He sold the business to Intuit Inc. in 1998 for $400 million in cash, with a $200 million takeaway. 

And there’s the CoastOak Group: Gregory McGowan, Joshua Nichols, and Don Carroll. An unusual union of developers, the trio came from private equity backgrounds, Wall Street ones at that: Josh and Don worked for Goldman Sachs. Greg worked for Rockpoint Group and Westbrook Partners.

And like the entrepreneurs mentioned above, when they started their company in 2008, they worked on tables and computers out of an empty home next door to Greg’s residence for three months. They didn’t even have heat for three days.

But these are private equity guys who know how to rough it. They had all worked together at Trammell Crow in the mid 1990s — all except for Joshua, who was still doing championship wrestling in high school, and on his way to Princeton. Even their current office — it has heat — is nestled among the top-tier real estate guys and gals nesting at Harlan Crow’s Old Parkland.

Real estate is their product, but it’s a way different mousetrap. (more…)

Photos courtesy of The Dallas Arboretum

The turkey dinner is a memory. Black Friday is behind us. It’s time to plan activities to get the holiday spirit flowing, entertain visitors, and make magical memories for little ones! Especially with the glorious weather we’ve been having this year, a trip to the Dallas Arboretum is a must.

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A brand-new, just-completed build from JNT Developers will be open for a happy hour preview from 5:30 to 8 p.m. Thursday, Sept. 28.

In Lakewood Hills, new builds are popping up all over, and we’re not mad about it. Enterprising developers with a keen eye for trends and materials are making a name for themselves here, using the neighborhood’s eponymous topography to their advantage.  

But in many cases, you really do have to see it to believe it, so ModTown Realtor Brittney Rhodes is hosting a happy hour preview of JNT Developers‘ latest design at 7318 Coronado Ave. in Lakewood Hills on Sept. 28 from 5:30 to 8 p.m. Enjoy sips and bites to live music while you get an up-close view of the craftsmanship from this builder.
 

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The Drake at White Rock Rendering (1)

A new condominium development has been announced for the White Rock Lake area. The Drake at White Rock Lake is being sold as a “seven-story, modern-inspired condominium residence with 90-100 homes featuring one, two, and three bedrooms.”

The building is envisioned with a terraced elevation, spacious rooms, expansive windows, balconies and entertainment decks, which will provide a variety of inspiring views from White Rock Lake to Downtown Dallas to the lush greenery of Tenison Park.

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exterior

Y’all. By now, it’s no secret how we feel about midcentury modern architecture. The open floor pan! The vaulted ceilings! The walls of windows! Sigh. We feel it’s our sacred duty to report when one hits the market and 2615 Millmar Drive is no exception. In fact, it’s rather exceptional.

Talk about owning a piece of history. Practically untouched for over half a century, this Cliff May-designed Casa View estate gem is crying out for an architecture lover with a stout heart and an eye for midcentury detail. With original parquet floors and wrought iron fence work, it oozes vintage charm. The price point makes it even harder to resist. At $199,900, it ought to entice anyone looking to make the most of a modest renovation budget.

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no Sams

Word came Tuesday from Jonas Park, the “Accidental Activist”, that a Dallas county judge has ruled to void an ordinance for a planned development district on Central at Carroll Avenue, across from Cityplace, that was all but certain to be a big box Sam’s Wholesale Club.

Talk about David and Goliath: Judge Michael O’Neill ruled that the city of Dallas did not properly notify property owners living near the proposed 100,000 square foot big box site. Property owners were concerned that a Sam’s was not the best use of the choice dirt and they worried about their property values ever since May, 2014, when Trammell Crow Company announced the Sams deal on 17 acres across from Cityplace and demolished the old Xerox building that used to sit on the site

Trammell Crow told the Dallas Morning News it is considering options:

“While we’re disappointed in the judge’s ruling, we’re considering our options moving forward,” said Scott Dyche, general counsel for Trammell Crow Company.

The neighbors claim they were told one thing, but got another. Way back in 2013, property owners were told that Crow wanted to rezone the site to “accommodate a retail development with design standards.” Many were hopeful that the zoning, which would have allowed for mixed use retail (shops, restaurants, hotels, apartments) would create a West-Village type atmosphere.

Instead, they got a big box retailer with a long lease. You may recall that some members of the Dallas Plan Commission even tried to re-open the case, but feared that Trammell Crow might sue the city. Or that the city would lose face, reneging on its word which would then be a bad example to other developers.

The property was closed on in August of 2013. (more…)

East Dallas Cottage Priced to Sell | CandysDirt.com

Yes, our North Texas market is hotter than a doorknob in hell with prices rising at a fast pace. But there are homes to be found for under $200K, and that’s what the “It’s My Mansion” occasional column is all about.

Today, we’ve discovered a cottage-style house at 3536 Delford Cir., near Shiloh and Ferguson roads in deep East Dallas. This home has four bedrooms, two bathrooms, and 2,070 square feet on two stories, built in 1960. It’s quite cute both inside and out, and the updates have achieved a contemporary vibe with hardwood floors, a fresh-looking color palette, and on-trend design elements, like white subway tile with dark grout in the kitchen and bathroom.

 

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