Archive for December, 2011

Next Phase of Fort Worth Museum Place Underway / Fort Worthology

Posted by    |    December 28th, 2011 at 5:15 am

This new phase will be building more mixed-use buildings to fill out the big void between the signature buildings at the big 7th/University/Camp Bowie/Bailey intersection and the small mixed-use building further west down 7th. This new building will bring rental apartments instead of the for-purchase condos of the first phases, and new ground-floor retail space.

Read more at Fort Worthology » Next Phase of Museum Place Underway.

America becoming a nation of renters – Money – TODAY.com

Posted by    |    December 28th, 2011 at 5:15 am

Brian Keith is busier than ever as the architecture firm he works for rushes to wrap up work on a 300-unit apartment complex in Dallas.

The project is one of dozens the firm, JHP Architecture, has on its hands — a surge of business driven by a rise in demand in the United States for rental properties.

The increased demand has forced JHP to expand, and it expects to keep hiring at least through the first quarter.

“We’re seeing overall work come back and there’s a backlog of contracts to go through,” said Keith, director of urban design and planning at JHP. “There’s strong interest in multi-family units and plenty of pent-up demand.”

Read more at America becoming a nation of renters – Money – TODAY.com.

efore We Get (Another) Plan for Downtown Dallas’s Parks, the Bridge Club Should Get a Clue – Dallas News – Unfair Park

Posted by    |    December 28th, 2011 at 5:15 am

Good article pointing out need to not ignore the downside of putting a tollroad down the Trinity. Other cities are tearing down freeways and putting in parks to reconnect their waterways (as the Dallas Observer article points out from a NYTimes article), while Dallas is proposing to put a freeway in a park — and not just a small park – the Trinity Forest is the largest urban hardwood forest in the US.  Interesting that we are considering the Trinity tollroad (a highway encumbering a park) at same time as we are covering up a highway with a park (Woodall Rodgers Deck Park)

Read more at Before We Get (Another) Plan for Downtown’s Parks, the Bridge Club Should Get a Clue – Dallas News – Unfair Park.

Lease Signed: Khloe and Lamar are Officially Texas Residents– On Christmas!

Posted by    |    December 27th, 2011 at 5:15 am

NOW it’s a done deal. December 23 is the day Khloe Kardashian and Lamar Odom executed the lease on Unit 2604 over at the W, the former bachelor pad of Mack Hicks. Rogers Healy and Steve  got in a lot of camera time with Khloe & Company as he showed them every condo available in downtown Dallas so they could be sure. Allie Beth Allman was the  landlord’s rep on this one, and she had been looking for occupants since November 28. Also, this unit leased last Super Bowl weekend for $25,000 with Travis Horton at Twigg Realty: that was a 4 day rental for  slate flooring, Miele appliances, stainless steel wet bar with wine refrigerator, wine rack, ice machine, Mother of Pearl mosaic tiles and marble flooring in bathrooms and, of course, Mecca automatic window shades throughout for privacy. Based on the $7500 per month Khloe and Lamar are paying, that Super Bowl weekend deal was a bargain!

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com

Walking to School – 1969 vs. 2009

Posted by    |    December 26th, 2011 at 5:15 am

1969: 89% K-8 students living w/in 1mi of school walked/biked there. 2009: Only 35% did / From Baltimore Spokes

Train Times to Accompany Motorists Stuck in Traffic / Planetizen

Posted by    |    December 26th, 2011 at 5:15 am

To encourage train ridership, Caltrans and Metrolink have teamed up to display train times on electronic signs along two oft-congested Southern California freeways.

“‘For travel between Orange County and downtown Los Angeles’ Union Station, trains are often faster than freeways,’ said Malcolm Dougherty, acting Caltrans Director. ‘We want to give commuters real-time information to help them get to their destination quicker.’

 

Read more ait Planetizen

2011 likely to be worst year on record for new-home sales | Fort Worth Star Telegram

Posted by    |    December 26th, 2011 at 5:15 am

Americans bought slightly more new homes in November, but 2011 will likely end up as the worst year for sales in history.

The Commerce Department says new-home sales rose 1.6 percent last month to a seasonally adjusted annual rate of 315,000.That’s less than half the 700,000 new homes that economists say should be sold to sustain a healthy housing market.It’s also below the 323,000 homes sold last year — the worst year for sales on records dating back to 1963.

December would have to produce its best monthly sales total in four years for 2011 to finish ahead of last year’s total.

Read more at 2011 likely to be worst year on record for new-home sales | Fort Worth Star Telegram

Small Electric Vehicles Occupy Downtown Dallas – MyFoxHouston

Posted by    |    December 26th, 2011 at 5:15 am

No, those aren’t golf carts zipping through Uptown and downtown Dallas.

They’re street-legal electric vehicles that fall somewhere above golf carts in the automotive pecking order — and they’re filling a niche in the busy entertainment districts.

“It’s about options,” said Gary Haag, owner of E-FROGS, an electric shuttle service he started in June 2010.

Rides are free. The business operates on tips.

Read more at Small Electric Vehicles Occupy Downtown Dallas.

M-M Properties and Invesco Real Estate Acquire Plaza of the Americas – PR Newswire – sacbee.com

Posted by    |    December 26th, 2011 at 5:15 am

M-M Properties, in partnership with an institutional client of Dallas-based Invesco Real Estate, today announces they have acquired Plaza of the Americas, a 1.2 million square foot complex in the northeastern quadrant of Dallas’ central business district (CBD). The Dallas office of HFF exclusively represented the seller in the sale of the property and also acted on behalf of the purchaser in placing acquisition financing on the transaction.

“We are pleased to acquire Plaza of the Americas,” said Ken Moczulski, CEO of M-M Properties. “We believe Dallas’ CBD is turning the corner with the recent additions to the Arts District and the soon to be completed Woodall Rogers Deck Park.  Pearl Street is one of Dallas’ premier addresses and with strong local ownership in place and plans to renovate, reposition and rebrand the property Plaza of the Americas will offer tremendous value to our tenants.”

Read more at M-M Properties and Invesco Real Estate Acquire Plaza of the Americas – PR Newswire – sacbee.com.

Naughty Is The New Nice: Khloe and Lamar Ought to Check Out This Amazing W Crib Before They Sign on the Dotted…

Posted by    |    December 25th, 2011 at 5:15 am

Check out those shaggy beast chairs for the show or an apres-game rest! You sure won’t find those in LA! After seeing this totally WOW house, I couldn’t resist one more option for our new transplants. And I retact my earlier statement that Mack Hicks’ unit at 2604 is the most expensive lease at the W. Homes are just like what my father used to say about boyfriends and streetcars: another one comes along in 30 minutes and then it’s even pricier. This is a two-story unit, 2509, is on the 25th floor, but oh wow, what a beauty. Captivating panoramic views from every room, balconies overlook Victory Park, Calatrava Bridge, and downtown Dallas. Extra spectacular features include Crestron Audio Visual System, elegant mother of pearl & suede entry w LED lighting, tooled leather columns, warm suede walls, art lighting, hip Euro kitchen.  3779 square feet, only two bedrooms but three baths! This unit leases for $9500 and just went on… could be fabulous timing. Really. (more…)