Apartment Development
A 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 MoreDevelopers 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 District, Cantabria at Turtle Creek, and Rienzi at Turtle Creek. Two…
Read MoreAnother 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…
Read MoreMore 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…
Read MoreWord comes from the great neighborhood reporters at the Preston Hollow Advocate that Transwestern has decided to slim down the scale of its proposed apartment development at Preston Road and Northwest Highway from eight stories to six, shrinking the complex’s size from 296 to 225 units. For neighbors and members of the Preston Hollow East…
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