4022 Puget Street listed for $89,000 in Roosevelt Manor, listing expired. Description: “Property located in fast, developing area near Trinity River Developments and Trinity Groves. This one has great potential in the future. House sold as-is.” Owned by Henry Norman.

 

Whoa, hang on there a moment. I am back from my City Council run , catching up on real estate, and have a whole lot to say. But first, let’s take a DEEPER look at the story of Khraish Khraish and his West Dallas properties that we just reported on. I mean, this is a real estate story with a huge political component.

First of all, thank you all for letting me take time off to campaign. The CandysDirt.com staff did a more than stellar job of holding the fort down whilst I campaigned in District 11 for the District 11 seat. While disappointed I lost, I thought the 37% turn out for a first time candidate (who started campaigning Feb. 10) was pretty darn cool. I am concerned about all the voter fraud, however, in this election and was surprised when the Dallas Morning News reported that my district had a massive number of mail-in votes. More, in fact, than in any previous year:

In his contentious race against real-estate blogger Candy Evans this spring, incumbent City Council member Lee Kleinman sent mail-in ballot applications to registered likely voters who are older than 65 so they could fill them out and send them back to the county.

As a result, of the almost 2,900 votes Kleinman received, more than 440 were by mail — a massive number considering that in West Dallas, ground zero for alleged voter fraud, 568 mail-in votes were spread among six candidates, including Alonzo.

West Dallas is now ground zero for alleged voter fraud, though I am taking a closer look at those 440 Mr. Kleinman received right here in North Dallas. Personally, I think the mail-in ballot system is ripe with fraud and should be eliminated altogether.  Surely you saw the report on WFAA-TV and read this piece in the Dallas Observer. I mean, there is a problem with the integrity of our elections, people!

If I were on council, I’d comb Silicon Valley for a tech company to bring absentee voting into the digital age. Mail? Stalking the postman? We could vote on smartphones with fingerprint recognition.

I learned so much running for public office. To spare you from a constant political blare, (because we know you come here for real estate dirt, not city council dirt, though the two are related) I moved political reports to CandyforDallas.com, which is up and running and to which I will be contributing about once a week for a political fix. 

Back to West Dallas. We know that is ground zero for voter fraud, and we know that Monica Alanozo is headed for a run-off there with Omar Narvaez, whom I support.

Dallas has a problem with affordable housing. Like, there isn’t any. Cranes are working all over this city for huge luxury apartment complexes where the only affordable housing component will be a chance to tinkle in the public bathroom. Homelessness in Dallas is at an all-time high. Where are living spaces for folks making $30,000 a year? (more…)

love field apartments

Image: Google Maps

Developers have their eye on the Love Field-Medical District areas, and a new residential community is underway.

Fairfield Residential recently purchased about six acres near Denton Drive and Inwood Road for a 350-unit apartment complex. Fairfield has ten residential developments in the DFW area, including the upscale 21 Forty Medical DistrictCantabria at Turtle Creek, and Rienzi at Turtle Creek.

Two blocks just south of Love Field along Inwood Road and Sadler Circle will be cleared for the as-yet-unnamed project. The land is currently occupied by a handful of commercial buildings. Demolition is slated for completion by the end of 2015.

Development in this area is gaining momentum, driven in part by the expanded air services at Love Field, as well as growth of the Medical District, like the Parkland expansion. The location is a big factor, too.

“That little pocket of real estate is booming right now—I actually showed a property there this morning to a woman who works at Parkland,” said David Maez, Broker, Creative Director, and Co-Founder of Vivo Realty. “It’s a great location for potential tenants, close to Uptown, downtown, and the airport, as well as the Tollway for people that need to commute up north.”

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Photo courtesy Wood Partners

Another residential development is underway near West Dallas’ super hot Trinity Groves neighborhood with the construction of Alta Yorktown by Wood Partners LLC.

The development will include 226 luxury apartments in three, four-story buildings on six acres. The property, located at 660 Yorktown St., is just one mile west of downtown Dallas, and sits near the Trinity Groves restaurant, retail, and entertainment area.

Rents at Alta Yorktown will average just over $1,300 a month for apartment homes that average 827 square feet (available as studio, one, two, and three bedrooms). Leasing will begin toward the end of 2015, and construction is slated for completion toward the middle of 2016.

Interior finishes in the apartments will include granite countertops, stainless steel appliances, tile backsplashes, Shaker wood cabinets, upgraded fixtures, and wireless technology packages. Community amenities will include an outdoor swimming pool and courtyard, grilling stations, and fire pits. The property will also have a small amount of retail space.

Alta Yorktown is just one of multiple new developments in and around Trinity Groves, where Wood Partners has a big stake in the neighborhood. It sits next to the Sylvan Thirty mixed-use project, in where Wood Partners built the 200 apartments, and the Alta West Commerce apartments, which will have 252 units. Jump to read more!

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Photo courtesy Oak Cliff Blog

The clock is ticking for the old Mission Motel in West Dallas as Trammell Crow Residential begins work on a new development on the site and adjoining lots, which will include 300 rental units, as well as 14,000 square feet of retail space.

“We are tearing it down. We just finished asbestos abatement and will start demo soon,” said Matthew Enzler, Managing Director for Development at Trammell Crow Residential.

We reported on the developer’s purchase of the Mission Motel last July. Over the holidays, the developer tore down an old bank at Fort Worth Avenue and Yorktown Street. The Mission Motel and two other nearby properties will also be cleared soon, Juan’s Body & Frame and Nino’s Body Shop. Jump to read more.

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The Trinity Village development in West Dallas will begin in 2015. Photo courtesy of Dallas Morning News.

Work will begin on the Trinity Village development in West Dallas in 2015. Rendering courtesy of StreetLights Residential.

More good news for development in West Dallas with word Thursday that Dallas-based Stonelake Capital Partners has closed on a 25-acre tract of industrial property on Singleton Boulevard, west of Sylvan Avenue.

Along with developer StreetLights Residential, Stonelake is planning a $200 million mixed-use development at 1000 Singleton Boulevard, on the southwest corner of Singleton and Sylvan.

This is 2014’s largest single redevelopment property in West Dallas, and it will bring about 1,500 new residential units to the area west of Downtown Dallas. (more…)

Cabana hotel full

A storied property near the Dallas Design District that fell from a swinging night spot and hotel for rock stars in the 1960s to housing for county prisoners and sex offenders in the 1980s and 1990s may be on the rise again.

According to this Dallas Morning News story first reported by Robert Wilonsky, the Dallas County Commissioners Court sold the old Cabana Motor Hotel / Decker Detention Center yesterday to Lincoln Property Company, the third largest residential property manager in the U.S. The property, located at 899 N. Stemmons Freeway, is 399,000 square feet sitting on 3.275 acres of prime real estate northwest of Downtown Dallas. Lincoln paid $8.7 million (half a million less than the county paid for the place in 1985).

While no one from Lincoln or the county will confirm plans for the property, rumor has it that Lincoln intends to create a residential tower and data center. (more…)

A welding torch caused a fire at the Lofts at Sylvan|Thirty, causing fire, water, and smoke damage at an unoccupied portion of the development.

A welding torch caused a fire at the Lofts at Sylvan|Thirty, causing fire, water, and smoke damage at an unoccupied portion of the development.

Cooper Smith Koch, a spokesman for Sylvan|Thirty, said that the small fire in the unoccupied portion of the loft development within the mixed-use development at Sylvan and Fort Worth avenues was extinguished, causing some fire, smoke, and water damage to the still under-construction building. According to DallasNews.com, it was a four-alarm blaze at the $50 million development in West Dallas.

“Fire was extinguished within about half an hour. No one was injured. No residents, who live on the far north end of the lofts, were affected,” he said via Facebook. “Cox Farms Market remained open and construction continued on the other areas.”

This is the second time a fire has damaged a building at Sylvan|Thirty, with the first gutting a retail area slated to house a yoga studio and restaurant.

Mission Courts

Photo: Flickr user Christian Spencer Anderson

First, let’s disambiguate: Trammell Crow Residential is not the same Trammell Crow Co. that is looking to build the Sam’s Club in Uptown East/East Village/Cityplace, which is a subsidiary of commercial development firm CBRE. Trammell Crow Residential is owned by Crow Holdings, and has no connection to Trammell Crow Co., but is actually owned by the Crow family.

Now that we’ve got the name game out of the way, let’s talk dirt: TCR has purchased the old Mission Motel — an old Route 66-era motor inn on West Commerce street just down the road from Sylvan | Thirty, which was once an old motel (Alamo Plaza Hotel Courts), too. They are both just down the way from the beautifully restored Belmont Hotel, which is also home to the award-winning restaurant from sausage-preneur Tim Byres called Smoke.

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