Dallas Suburban & Exurban Development News

[RASEC33]

Originally Posted by desertpunk

A look at the Water Street development going into Las Colinas:

What is the status on this project?

[jonathaninATX]

Water Street project gets approval from Irving City Council

By Candace Carlisle, Staff Writer
Date: Friday, September 7,2012, 2:35pm CDT

Irving's recent city council approval for the Water Street project — a mixed-use retail and residential project on a high-profile 14-acre site at O'Connor Road and Las Colinas Boulevard — has Atlanta-based developer Gables Residential planning to begin construction early next year.

"Our goal is to break ground in early 2013, but that all depends on the next few weeks," said Katy Slade, the Gables Residential development director overseeing Dallas-Fort Worth, in a recent interview with the Dallas Business Journal prior to Thursday's City Council meeting.

By the developer breaking ground early next year, the first apartment units could be completed by 2014, she said.

The project includes more than 55,000 square feet of new retail space and about 300-350 luxury residential apartments. The retail and residential project is located across the street from Williams Square and alongside Lake Carolyn.

http://www.bizjournals.com/dallas/ne...-approval.html

[jonathaninATX]

Irving selected as site for $105 million proton facility

By Bill Hethcock, Staff Writer
Date: Friday, September 7,2012, 12:44pm CDT

Irving will be the site of a $105 million proton therapy cancer treatment complex to be built and operated by Baylor Health Care System, Texas Oncology and McKesson Specialty Health, the companies announced today.

The proton therapy facility — one of two planned in North Texas — is expected to make the Dallas-Fort Worth area a destination for world-class cancer care services. There are now only 11 proton therapy centers operating in the United States. M.D. Anderson in Houston has the only other proton therapy facility in Texas.

Project representatives expect construction to begin on the 50,000-square-foot facility in 2013 and anticipate the first patients to be treated in the advanced cancer treatment complex in late 2015.

http://www.bizjournals.com/dallas/ne...5.html?ana=twt

[desertpunk]

Developers Hope To Keep Up With Builders At $2 Billion Viridian Project

ARLINGTON -- Dust is flying fast and furious at the huge $2 billion Viridian project in north Arlington, as developers prepare residential lots as quickly as they can.

"Builders sold seven houses last week and that kind of pace is great," said Phillip Huffines, president and co-owner of Huffines Communities. "I hope we're able to keep up with them."

About three dozen houses are under construction at the 2,300-acre development, just north of Green Oaks Boulevard off Collins Street. Most have committed buyers.

Road building and work to install utilities for the first phase of lots began about 16 months ago. In July, the first 180 lots were ready for five home builders to start work. In November, the first residents are expected to begin moving in.

"Sales are better than we and the builders had expected," Huffines said.

He said his company is almost ready to start on the second phase of lots, just north of the current construction. That phase will bring 250 more lots to the builders and will be ready in January and February, he said. The entire project could take 15 years to complete.

Reagan Choate, marketing manager with Drees Homes, who is overseeing its work in Viridian, said his company has three houses under construction and is bullish about the development.

"It's tons of customers," Choate said. "I've seen a year's worth of traffic in the first month and a half."

Likewise, Dustin Nelson, Dallas-Fort Worth president for David Weekley Homes, said its sales have had a great start, selling four of eight 35-foot lots and some 50-foot lots for larger executive homes. Some buyers are single professionals and people moving to the area.

Nelson said David Weekley has been waiting more than a year to get started in Viridian.

"We're pretty excited," Nelson said. "We expect Viridian to be very good. We've done really well in the master-planned communities with the new urbanism design."

Viridian stretches from the Riverside Golf Club along Texas 360 on the east to Collins Street on the west, and between Green Oaks Boulevard and the Trinity Railway Express line on the north. The construction comes 20 years after a first group of investors bought the land from Resolution Trust Corp. in 1992 with plans for homes and an amusement center. The land, once known as the Lakes of Arlington, traded hands a few times in the past two decades, but each owner wanted to build homes. The Dallas Cowboys once considered the site for a stadium

Read more here: http://www.star-telegram.com/2012/09...#storylink=cpy

[diablo234]

Major new mixed-use transit development in the works for Richardson
By Steve Brown
stevebrown@dallasnews.com
10:45 am on December 11, 2012 | Permalink

Dallas developer KDC has quietly been working behind the scenes on what will be one of the largest new mixed-use developments in North Texas.

Last night the Richardson City Council approved zoning for the 186-acre project which will be built adjoining the Bush Turnpike DART rail station at Plano and Renner roads.

The project – now vacant land – is planned to include office buildings, apartments, hotels, medical facilities and retail space.

The development will be built just east of North Central Expressway and south of State Highway 190. It’s located north of the big Galatyn Park complex in Richardson.
Construction on the first phase of the complex is expected to begin next year.

“We started out with a vision of what this property could be and worked alongside the City of Richardson to make it happen,” KDC chief executive officer Steve Van Amburgh said in a statement. “The development will have a great mix of amenities in a pedestrian-friendly environment that is inviting to corporate users and the community. The transit-oriented development will be an outstanding addition to Richardson’s vitality.”

KDC is one of the area’s largest commercial builders. The company has specialized in corporate facilities for clients including Blue Cross and Blue Shield of Texas, Citigroup and Encana Oil & Gas.

KDC is also working on a new office tower in the Victory Park development near downtown Dallas.

....

http://bizbeatblog.dallasnews.com/20...chardson.html/

[desertpunk]

Big West Plano shopping, apartment and office complex kicks off after long wait

A West Plano development that was stalled by the recession is moving ahead after a redesign.

Cencor Realty Services and Weitzman Group have broken ground for the 15-acre West Plano Village project at the northeast corner of the Dallas North Tollway and Parker Road. The combination of shops, apartments and offices will occupy one of the last vacant corners along that section of the tollway.

It was the property’s prime location — next door to Cinemark West Plano and XD theater and facing the tollway — that made Cencor and Weitzman stick with the project for more than five years. “We wouldn’t walk away from a deal like this,” said Weitzman Group chairman Herbert Weitzman. “We continued to work on it because we knew it was great real estate. We finally came up with a workable development plan.”

When it was announced in late 2007, West Plano Village was planned as a high-density project that would be at home in Dallas’ Uptown district. But then the recession hit, and the project — which was supposed to open in 2009 — was put on hold. “Originally this was going to be almost 700,000 square feet with a seven- or eight-story office building and a hotel,” said Cencor Realty executive vice president David Palmer. “We’ve now cut the size down by about 30 percent, and the project works very well.”

West Plano Village will have about 90,000 square feet of retail space facing the tollway and along Parker Road. And there will be 60,000 square feet of second-floor offices on the retail buildings. “We are going to have seven or eight restaurants at this location next door to the No. 2 movie theater in Dallas-Fort Worth,” Palmer said.

On the east side of the project, developer Amli Residential will construct 245 apartments in a four-story building that faces an internal boulevard.

[desertpunk]

Arlington's Mayor Says City is Courting Hotels

ARLINGTON, TX—Arlington's mayor, Robert Cluck says developers are hoping to lure a top- shelf hotel and a new entertainment venue to the city's entertainment district.

Arlington has been working since 2008 to attract a private developer to expand the Convention Center on Ballpark Way and to develop a hotel nearby, according t a report in the Ft. Worth Star-Telegram. Those additions would help the city attract larger meetings and conventions to the center as well as entice tourists visiting Arlington's sporting venues or theme parks to stay in town overnight instead of leaving for Dallas or Fort Worth hotels, Cluck told the paper.

“We've been working to get a new hotel in the entertainment district,” he said. “That's no secret. We're finally once again making progress on that front. I feel more positive about it now than I have for several months. I'm not saying we are going to get it but the next several months will be very important."

Convention Center Director Mark Wisness said a handful of developers have expressed interest in the project but no serious proposals have come forward to the city recently. Arlington has $150,000 budgeted this fiscal year to vet convention-hotel proposals but so far most of the money has remained unspent, Wisness said.

"There have been tire kickers for three or four years now. Some proposals come through. I have seen a couple of them but I haven't seen the money," Wisness said.

[...]

[desertpunk]

Prep Work Started at State Farm Site

Last Updated: April 19, 2013 12:37pm ET

RICHARDSON, TX—Some prep work has begun on the 186-acre site where State Farm Insurance will anchor a major office development.

The Dallas Morning News reported that that the ground work had begun, although no official groundbreaking had been held.

As Globe Street has reported previously, the office complex will total more than 1 million square feet, and is sited near the corner of North Central Expressway and the Bush Turnpike, and near a DART light-rail station. State Farm plans to consolidate operations from several offices around the country into the new building. Dallas develoer KDC amnounced plans for the project in December.

[...]