West Dallas
DFW rents were 6.2 higher last year, averaging $919 per month, but demand still soared, with North Texas leading the nation in apartment rentals, and vacancies at a 13-year low, according to new real estate research from Zillow and MPF Research. The increased rent translated to an extra $600 million paid to landlords last year, Zillow reported. For North Texans, that meant a…
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…
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…
I have to agree with The Dallas Morning News editorial board on this one: More residential development in West Dallas benefits everyone. How they arrived at the conclusion is another matter. Take this paragraph for example: While this might sound like a chicken-or-egg question — which comes first, housing or residents? — the answer is clear: It’s…
