IN THE NEWS

Dallas Posts Another Win for Small Business Hiring Winning Streak Helps Support the City's Stron

Dallas’ star has shined more than the rest of the country for six consecutive months when it comes to hiring among businesses with fewer than 50 employees, contributing to the region's strong real estate market. This month, the Texas metropolitan area registered 103.19 on the latest Paychex|IHS Markit Small Business Employment Watch’s review of payroll data to beat all others again. A rating above 100 means hiring growth exceeds levels in 2004, a year considered normal for growth. Show Full Story Meanwhile, small business hiring growth remains flat across the country, coming in at 98.77 on the index. Martin Mucci, Paychex’s president and chief executive officer, said in a statement that the

Second pediatric health care system announces new location in Prosper

Cook Children’s Health Care System is expanding into Prosper by bringing a new pediatric hospital to the area. The hospital will be located on 23 acres at the intersection of Windsong Parkway and Highway 380, according to a release from the organization. Show Full Story Primary care and urgent care facilities are already under construction and are set to open in the fall of 2019. A comprehensive outpatient specialty center and an outpatient surgery center will open in in the spring of 2020. The inpatient hospital will open in 2022, and it will include a neonatal intensive care unit, a medical and surgical unit, a pediatric intensive care unit and an emergency department. “Cook Children’s ha

From Red Light District To Commercial Real Estate Potential: Can Bachman Lake Take The Next Step?

The heart of Dallas resident Roxan Staff hangs heavy for a teenager she never met. Several months ago, authorities discovered a 14-year-old girl, suffering from bullet wounds, inside a Bachman Lake area apartment complex — not far from where Staff and her husband operated an American Bank branch in Northwest Dallas. The local media's coverage came and went, but Staff, like other Bachman Lake advocates, took the news hard. Staff has been praying for urban renewal, a drop in crime and commercial real estate development in Bachman Lake for half of her life. Show Full Story The commercial real estate potential of Bachman Lake is obvious. The area features a park, a lake and access to major highw

Billingsley kicks off new office campus project in Plano

Developer Billingsley Co. has started work on the first two buildings in a new Plano office campus. The project is near the northwest corner of the Dallas North Tollway and Bush Turnpike in the International Business Park. "This one took a while to get off the ground — we had it designed almost a year ago," said Lucy Burns, Billingsley Co. partner and daughter of Lucy Billingsley. "It will be the nicest building we have done out there — four stories with a lot more glass." A separate single-story amenity center will house a fitness center, conference facilities and food service. The 180,000-square-foot office building is the latest in more than a dozen projects Billingsley has built in Inter

10-story Japanese luxury hotel coming to former J.C. Penney campus in Plano

A Japanese luxury hotel group plans to build a Miyako Hotel at Plano’s Campus at Legacy West development, northwest of where Legacy Drive meets the southern end of the Corporate Drive loop. The 10-story, 250-room hotel will be located on the property’s pond, where developers are planning to build a boardwalk and surrounding offices and retail. The hotel is part of Dreien Opportunity Partners’ efforts to redevelop the office headquarters formerly owned by J.C. Penney Co. www.dreien.com Show Full Story

'Water Is Magic' For CRE

Developers wanting to attract legions of shoppers and tenants to office, retail, multifamily and mixed-use developments can rely on one of nature's greatest resources: water, and lots of it. From fountains to crystal lagoons, streams and rock fixtures, water is the commercial real estate landscape architectural tool that keeps on giving. Developers of all asset types are leaning into water products, using them to create serene settings for pedestrians and tenants alike. Show Full Story “We always say that water is magic,” LandDesign principal Heth Kendrick said. “You know there is something where people gravitate towards water, especially if it is some sort of water-quality setting that has

Starting at $2,700 a month, you can live at The Star

A rendering of the exterior of Twelve Cowboys Way, a 17-story luxury apartment Tower at the Star at Frisco. TWELVE COWBOYS WAY Robert Shaw, Charlotte Jones Anderson, Jerry Jones and Roger Staubach, (from left) stand inside the showroom for the high-rise residence now being built at the Star. JAKE DEAN Lobby views. TWELVE COWBOYS WAY The Twelve's pool deck. TWELVE COWBOYS WAY Charlotte Jones Anderson and Robert Shaw discuss the Twelve's design

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