airpark

1620 Airpark Lane has a garage for your cars and a hangar for your airplane.

Just like you’d park your SUV in your garage, you can park your plane in your own hangar at this 6,496-square-foot home in west Plano. We’ve written about this unique property at 1620 Airpark Lane before, and it’s on the market for $1,469,000 by Jack McLemore of Listing Results LLC.

This Airpark Lane property near Willow Bend Mall has five bedrooms and five baths located over 5,488 square feet. There’s a bridge to a 2,323-square-foot airplane hangar aka “toybox,” and a 1,008-square-foot heated and air-conditioned first-floor workshop with a half bath. An upper mezzanine holds a hobby/recreation room and tons of storage.

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John Backes and Candy Evans at a January RealTech event in Deep Ellum. Photo: Candy Evans

John Backes and Candy Evans at a January RealTech event in Deep Ellum. Photo: Candy Evans

Tuesday night, 200 people gathered at RealTech Dallas for a big announcement for Dallas real estate professionals.

John Backes, a young real estate entrepreneur and innovator, is launching Texas’ only real estate technology accelerator this fall. The MOTIVE Accelerator Program will fund selected commercial real estate (CRE) technology start-ups, as well as provide mentoring through a program oriented around customer and product development. The program is accepting applications for its first class to launch this fall.

“Dallas is the best place in the world to innovate at the intersection of real estate and technology,” said Backes, MOTIVE Partners President (we will be profiling him here on CandysDirt tomorrow, so be sure to check back!). “Two of the top five real estate CRMs are based in Dallas. RealPage is here. CBRE Innovation Lab is here. JLL [Jones Lang LaSalle] tech group is here. Trammell Crow is here. Dozens of startups are here. Dallas real estate tech is one of the great untold stories of our city.”

MOTIVE will fund up to 10 selected commercial real estate technology start-ups each year, investing approximately $40,000 in each venture. Applications are open now, on a rolling basis, with increasingly active interest from both start-ups and industry veterans.

“We really are interested in the best teams, reflecting what is important to us: intensive focus on the lean entrepreneurial process, a strong and cohesive team, a give-before-you-get mentality, and strong desire to change the built environment,” said Backes.

Applicants for the MOTIVE Accelerator Program will be asked to supply detailed information on their organization’s founders, who their target customers are, and what problem their products will solve. They must also provide details on how they are organized and what existing funds are in place.

Acceptance into an accelerator is a huge boost for entrepreneurs, and these organizations have been growing steadily in the last five years. Forbes found more than 200 accelerators when ranking the best for 2015. Research mentioned in the article found that accelerators can increase early stage capital in a region by 13 times, and serve to attract more entrepreneurs, mentors, and investors.

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The Trammell Crow home in Highland Park was in that family for more than 50 years. Now it's time for new owners to enjoy the 10,000-square-foot house. Photo: courtesy of Dallas Morning News.

The Trammell Crow home in Highland Park was in that family for more than 50 years. Now it’s time for new owners to enjoy the 10,000-square-foot house. Photo: courtesy of Dallas Morning News & Allie Beth Allman

A slice of local history has hit the market, with the Highland Park estate of the late Dallas real estate developer and art collector Trammell Crow and his late wife Margaret now listed with Allie Beth Allman & Associates.

Located between Preston Road and Turtle Creek Boulevard, the 10,000-square-foot Tudor-style house has a price tag that reflects storied history, palatial size, and tony location: at $59.4 million, this is one of the highest priced properties ever listed in the area. As of now, this is an off-market listing not yet in the MLS.

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currenteastvillageSam'srenderingThey took over a large room in the Agape Methodist Church on Columbia Ave. in East Dallas, set up easels, graphs, and maps of the area to let the neighborhood come see Sam’s last Thursday evening. Water and cookies were served. About 12 location residents wandered in, if that many. There were so few residents, there was no need to speak to the group. So Scott Dyche, general counsel for Trammell Crow (CBRE), Joel Behrens and others spent a lot of time on their feet just talking one on one, or one per groups of three.

Actually, of the 12 ish people there, one was a newbie reporter from the Dallas Morning News, and some were Oak Lawn/Uptown residents who came over to examine the development. (more…)