Friday, October 27, 2017

73-acre Stacy Green gets green light 

Steve Brown with the Dallas Morning News ​​reported that the Allen City council has approved​ the development of the 73-acre Stacy Green mixed-use project at the southwest corner of US 75 and Stacy Rd.
The project ​will include over 600 rental units and 500,000 sf of office, commercial, and retail space. A theater and hotels are also planned. 

A 13-acre greenbelt and park along Cottonwood Creek will be dedicated to the city but maintained by the developer. 

Provident Realty Advisors and Glaser Retail worked on the plans for 18 months. GFF and Architecture Demarest did design and renderings. Stream Realty Partners is working on the office component. 

The site is one of the last remaining pieces of the old Stacy family farm.

Monday, October 16, 2017

West Dallas is Getting some more Apartments

Steve Brown, real Estate Editor at the Dallas Morning News Says that Toll Brothers has purchased four acres at the northeast corner of W. Commerce and Pittman Streets.  A seven-story, 280-unit rental community is planned on the site, which is currently occupied by an industrial building. 

"The community will break ground in June 2018, with initial deliveries scheduled for winter of 2019," Toll Brothers' John Piedrahita said.  Davidson Bogel Real Estate brokered the deal.