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  • Inwood Station apartments becoming affordable housing
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    ​​DALLAS – The Dallas Housing Authority has acquired Inwood Station apartments at 2727 Inwood Rd. near Love Field.The agency leased-back the asset to seller Fairfield Residential with requirements that at least 50 percent of the project be used for affordable housing. Affordable apartments must be rented to residents earning less than 80 percent of the… Read more »
  • 120 apartments ready for move-in at Blue Flame Building
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    ​​EL PASO – The​ local housing authority has completed 120 low-income apartments in the 18-story Blue Flame Building at 120 N. Stanton St. Sundt Construction was the general contractor of the $52 million renovation project. Construction on ground-floor retail and office space on floors 14 through 16 will wrap up this fall. The Real Estate… Read more »
  • Killeen ISD turns page with Elementary School No. 36
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    ​​KILLEEN – The Killeen Independent School District has broken ground on Elementary School No. 36 at 5501 Azura Way. The $16.7 million project will be constructed by Bartlett Cocke General Contractors. Looking for more stories like this? The Real Estate Center has you covered:Killeen real estate newsTexas education news​​​Source: Killeen Daily Herald Read more »
  • Cy-Fair ISD buys 16.7 acres for new school
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    ​​CYPRESS – ​The Cypress-Fairbanks Independent School District has purchased 16.7 acres in Parkland Village within Howard Hughes Corp.'s Bridgeland master-planned community. The site near Tuckerton and Westgreen Roads will be home to a two-story elementary school. The 125,000-sf school will accommodate​ nearly 1,100 students when it opens for the 2022-23 school year. Texas-IBI… Read more »
  • Aspen Heights Partners starts on 323-unit apartment community
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    ​​​AUSTIN – Aspen Heights Partners has broken ground on a 323-unit apartment community in the East Riverside area.The four-story property will have one- and two-bedroom units. Amenities will include interior courtyards, rooftop deck, pool, and fitness center. Leasing begins in November. The Real Estate Center has more news like this online for free:Texas… Read more »
  • 250-unit multifamily underway in southwest San Angelo
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    ​SAN ANGELO – JFerg Homes and Flat Creek Builders' Justin Hardin are developing Creek 27, a 250-unit multifamily development. ​The project at 5702 Melrose Ave. will consist of small homes ranging from 750 to 1,100 sf. The first half of the project will be ready this November.If you're looking for more news like this, head to the… Read more »
  • Trez Capital, Hines pick up 760-unit Wylie storage facility
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    ​​WYLIE – A partnership between Trez Capital and Hines has acquired a 760-unit self-storage facility at 570 Country Club Rd. The 11-building, Class A property spans 101,931 sf and includes 75 RV storage spaces. CubeSmart operates the facility.The Real Estate Center has more on DFW's retail market:​​Texas Quarterly Commercial Report​DFW retail news​Source: REB​usiness Online Read more »
  • Texas unemployment rate hits 12.8 percent in April
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    ​AUSTIN – Over the past month, the Texas economy lost nearly 1.3 million jobs due to the COVID-19 outbreak, according to the Texas Workforce Commission. The state's se​asonally adjusted unemployment rate rose to 12.8 percent in April, below the national average of 14.7 percent. Before the pandemic, the state's job growth rate had… Read more »
  • Terramark planning phase two of City Center development
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    ​​SAN ANTONIO – Terramark Urban Homes is developing the second phase of its City Center development.The city’s Historic and Design Review Commission approved a certificate this week for the company to construct six buildings on an empty lot at Center, N. Cherry, and N. Swiss Streets. The 18 three-story row houses will be a mix… Read more »
  • Ball Corp. leasing 678K-sf warehouse in south Fort Worth
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    ​​​FORT WORTH – Ball Corp. will move into a new build-to-suit warehouse off Everman Pkwy.The 678,000-sf building will be the largest in phase one of Majestic Realty Co.’s Majestic Fort Worth South. Completion is set for January 2021. The Real Estate Center has more on DFW's industrial market:​​​Texas Quarterly Commercial ReportDallas-Fort Worth-Arlington industrial news​​Source: ​Dallas Business Journal Read more »