Texas CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Dallas Okays Zoning for Massive Mixed-Use Project
Burk Interests and Greenway Investment Co. have been greenlit by the Dallas City Council to build an $800 million mixed-use project. The 9-6 vote was illustrative of the uphill battle the developers faced during the process. The vote came after the height requirements were reduced from 325 to 199 feet, effectively allowing a 17-story building.
The development would include three towers: a hospitality tower with 150 hotel keys and 54 condominium units, a 200,000-square-foot office building, and a 177-unit multifamily high-rise. The site at Preston Road and Royal Lane has been vacant since 2019, when it was demolished by a tornado.
Developers must fund local infrastructure upgrades, including new traffic signal equipment at Preston and Royal, an emergency vehicle traffic signal for Dallas Fire-Rescue Station 41, and local water/sewage improvements.
- ◦Development
- ◦Policy/Gov't
Apartment buildings for sale
Check out the latest properties available on apartmentbuildings.com
Non-Performing Note Sale: Serenity Residences
San Antonio, TXTexas
Learn MoreListing Status: Available Listing Type: Auction No. of Units: 268 Average Occupancy: 49.6 Year Built: 1980 Building Size: 231724 Sq ft Lot Size: 12.40 Acres No. of Stories: 2 No. of Parking Spots: 442 Opportunity Zone: No 
10520 Tube Drive
Fort Worth, TXTexas + Apartment Buildings
Learn MoreListing Status: Available Listing Type: Call for offers Price: $4,800,000 No. of Units: 32 Year Built: 2026 Lot Size: 48000 Acres Opportunity Zone: No Price per unit: $150,000
