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Supersized sporting goods store Scheels to join Nebraska Furniture Mart in The Colony

Construction on another supersized store is starting next week in The Colony. Fargo, N.D.-based Scheels is building a 325,000-square-foot store that it describes as both a sporting goods store and an entertainment destination. At that size, it's about 13 times the size of a traditional sporting goods big box store. Show Full Story The store will be in The Colony's $1.5 billion Grandscape development along State Highway 121. Warren Buffett's Berkshire Hathaway is the developer of the project. Scheels, which has 27 stores in 12 states, first announced in 2016 that it planned to come here. The retailer said The Colony location, which will feature a 65-foot Ferris wheel and 16,000-gallon saltw

14-story office towers, hotel planned in Plano across tollway from new Liberty Mutual campus

Heady Investments plans to construct two new office buildings and a hotel across the Dallas North Tollway from Liberty Mutual's new Legacy West offices. (Rendering courtesy Heady Investments) A tract of empty land off the tollway in northwest Plano is finally ripe for development, as the developer on Monday announced its plans to construct two office towers and a hotel across the tollway from Liberty Mutual’s newly opened offices. Show Full Story Heady Investments plans to begin construction on the first office building and covered parking facility in June at the northeast corner of Dallas Parkway and Headquarters Drive, firm partner Randy Heady said. The first phase of the project is expec

Dallas is best place for Amazon’s second headquarters, Wall Street Journal says

Amazon's Doppler Tower was the company's first downtown Seattle headquarters campus high-rise. Anthony Bolante | PSBJ Dallas is the best place in North America for Amazon’s new headquarters, according to a Wall Street Journal analysis released Friday that cites North Texas’ large tech workforce as the main draw. Show Full Story Dallas beat out the other 20 metro areas that Seattle-based Amazon (Nasdaq: AMZN) announced last week as finalists for its second headquarters, the Journal reported. “A large tech labor force, and middle-of-the-road ranks for nearly everything else, places Dallas at the top of our ranking,” the publication said. The Journal based its criteria on what Amazon has said

Officials confident Dallas can compete in Amazon incentives arms race

* Figures account for the dollar value of local and state tax abatements and subsidies awarded directly to Amazon or in support of its facilities. Amazon is chasing a huge, taxpayer-funded incentive package for its proposed second headquarters, or “HQ2,” but Dallas-Fort Worth officials are confident the region can compete in the high-stakes giveaway game. Specifics of the Dallas-Fort Worth bid for HQ2 have not been released, but economic development officials say North Texas’ won’t be blown out of the water by financial incentives of as much as $7 billion from New Jersey or $5 billion from Maryland. Show Full Story DFW has advantages such as low costs of doing business, no state income tax a

Apple's Corporate Campus Search Won't Go Through A Bidding Process Like Amazon

Apple CEO Tim Cook Wikimedia/Mike Deerkoski Site selection for Apple’s new corporate campus in the U.S. will not go through a bidding process like Amazon’s HQ2. Apple CEO Tim Cook said the company has already narrowed down the list and does not plan to have an auction-style process, Reuters reports. Amazon released its HQ2 shortlist Thursday, narrowing down a playing field from 238 bids to 20. Show Full Story Apple's second campus most likely will not be in California, where it has its Apple Park campus in Cupertino, or Texas, where it has a large customer service and computer assembly operation, Cook said in

Amazon Opens Its Cashierless Store To The Public

Amazon has officially opened its cashierless grocery store to the public after about a year of testing the concept with employees. Pixabay The technology used to power the store uses a combination of computer vision and machine learning algorithms to keep track of shoppers and charge them for their selected items. Shoppers must also download the Amazon Go app before entering the store. As soon as the customer is inside, the system recognizes them as a 3D object. Show Full Story The store, which is near Amazon’s Seattle headquarters, was initially slated to open in early 2017, but was postponed when the e-commerce behemoth ran into some technological difficulties. The system had issues detect

Key Frisco corner sells to Highland Park Village owners

A key Frisco property has been purchased by developers and investors. The 40-acre site is at the southeast corner of the Dallas North Tollway and U.S. Highway 380. Show Full Story The property -- at one of the area's busiest intersections -- has long been considered a prime building site. Movie theater operator Cinemark is building a 10-screen theater and two retail buildings right across the street. And Dallas Cowboys owner Jerry Jones and his family are developing a major mixed-use project with a shopping center nearby. The just-sold Frisco corner was purchased by a partnership that includes businessmen Ray Washburne and Stephen Summers — owners of the landmark Highland Park Village — and

Sources: Frisco to develop park bigger than Dallas' Fair Park

Sources say the land being negotiated for Frisco's planned 300-acre park sits at the northwest corner of Eldorado Parkway and Preston Road. Maps4News The city of Frisco has roughly 300 acres of prime developable land alongside Panther Creek on Brinkmann Ranch under contract, with plans to build a city park with sports fields that, if developed, would be bigger than Dallas' Fair Park. Show Full Story Officials with the city are expected to close on a tract at the northwest corner of Eldorado Parkway and Preston Road on Feb. 5, multiple sources say. By luring the Dallas Cowboys' world headquarters and practice facility and recently landing a Major League Lacrosse team, sources say Frisco is b

Think there's a lot of retail construction in D-FW? It's enough to equal 30 Walmart supercen

Dallas-Fort Worth is about to add 3 million square feet of new retail real estate this year — or the equivalent of almost 30 small Walmart Supercenters. While that sounds like a lot, it's less than last year's additional 4.2 million square feet of new space that included two whole shopping centers in Tarrant County and Legacy West in Plano, said Bob Young, executive managing director for commercial real estate firm Weitzman. Show Full Story The market isn't overheating and the new space is all over town, Young said. "It's not all just in Plano or McKinney. It's in Mansfield and Tarrant County and happening everywhere," Young said. "That's part of the health of the local economy with demand

City of Frisco to purchase 390-acre property on Brinkmann Ranch for future park, athletic fields

The city of Frisco plans to purchase a 390-acre property on Brinkmann Ranch at the southwest corner of Preston Road and Panther Creek Parkway to build a community park with sports fields. (Lindsey Juarez/Community Impact Newspaper) The city of Frisco plans to purchase a 390-acre property on Brinkmann Ranch at the southwest corner of Preston Road and Panther Creek Parkway to build a community park with sports fields. On Thursday night, the Frisco Community Development Corp. approved the purchase of 100 acres of the 390-acre property in partnership with the city. The cost of the 100-acre portion is $21 million. Frisco City Council is scheduled to approve the city’s portion Jan. 16 and the Fris

The 10 Biggest Real Estate Stories of 2017

As we enter the eighth year of an up-cycle, Dallas-Fort Worth looks a lot different than it did during the Great Recession. The commercial real estate industry in North Texas is not without its challenges: construction costs, labor shortages, lending hurdles, increasingly scarce land, and stiff competition. But forward-thinking pros spanning every asset class and industry continue to push the sector forward. To determine the top real estate stories of 2017, we analyzed traffic from our D CEO Real Estate website and asked industry professionals, including D CEO Power Brokers and contributing editors, to share their insights. We went beyond specific deals to analyze market hardships, impactful

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