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Grapevine: Oak Grove Park's home runGrapevine: Oak Grove Park's home runhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164052017-04-28T05:00:00Z2017-04-28T23:00:00Z

​​​GRAPEVINE – Grapevine City Council Council awarded a contract to Valley Quest Designs for the conceptual landscape plan for architectural services, landscape architecture and engineering for the renovations and upgrades to Oak Grove Softball Complex.

The project will add a fourth grass field to the complex, upgrade the concession stand area and restroom facility to meet current Americans with Disabilities Act standards and Architectural Barriers Texas Accessibility Standards. 

Additionally it will add a playground, connect the trails system to the boat ramp and provide a dedicated restroom for the boat ramp.

Council agreed to purchase synthetic turf from Geo Surfaces for the Oak Grove Ballfield Complex.

This project will remove the existing grass from infields and foul territory on fields A, B, H and I at the Oak Grove Ballfield Complex and replace the grass with synthetic turf.

The turf will be complete by early fall 2017.
Community Impact Newspaper
Dallas-Fort Worth-Arlington
Public Facilities
https://communityimpact.com/dallas-fort-worth/grapevine-colleyville-southlake/city-county/2017/04/20/oak-grove-softball-complex-grapevine-undergo-renovations-upgrades/

​​Want more data? See DFW Overview Market Research. 

Read more at {Source}
Costco to arrive in Pflugerville; where's ours?Costco to arrive in Pflugerville; where's ours?https://www.recenter.tamu.edu/news/newstalk-texas/?Item=163902017-04-28T05:00:00Z2017-04-28T22:00:00Z

​​​​​PFLUGERVILLE – City officials have confirmed Costco is coming to Pflugerville.

City Manager Brandon Wade said the membership-only warehouse club will provide the city with destination retail when it opens in 2018.

The timeline, Wade said, could include construction starting by the end of the year with a mid-2018 opening.

Situated on 16 acres at the southeast corner of SH 130 and SH 45 N, the Costco property will include a fuel station and liquor store, along with several other businesses.

The Costco effect on sales tax income to the city, Wade said, is similar to the entire Stone Hill Town Center development, which includes a Target, Ross, Dick's Sporting Goods, Best Buy, Home Depot, Cinemark and dozens of stores and restaurants.

Wade said Costco spent much time performing due diligence with the property, taking a similar approach before building the Cedar Park store.​​

Community Impact Newspaper
Austin-Round Rock
Retail
https://communityimpact.com/austin/round-rock-pflugerville-hutto/business/2017/04/19/breaking-news-costco-coming-pflugerville/Read the full article at the {Source}
Developers move forward with Wedgewood Forest projectDevelopers move forward with Wedgewood Forest projecthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164422017-04-28T05:00:00Z2017-04-28T17:00:00Z

​​CONROE – Houston-​​based Land Tejas is developing Wedgewood Forest, a new residential project on 111 wooded acres in Wedgewood Park, east of I-45 and north of SH 105.

Wedgewood Forest will have 283 homesites. The first sites have been released to homebuilders Century Communities, ​Colina Homes, and Westin Homes.

Pricing will start in the mid $200,000s. The first round of model homes will​ deliver this summer.

Phase one of Wedgewood Forest includes two different builder product lines, a landscaped entry and boulevards, and a residents' park.​​

Total PR
Houston-The Woodlands-Sugar Land
Housing
Read more at {Source}
Garden Park Apartments under new ownershipGarden Park Apartments under new ownershiphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164412017-04-28T05:00:00Z2017-04-28T16:00:00Z

​ARLINGTON – Garden P​​ark Apartments, a 252-unit multifamily community at 1609 Sherry St., has been sold.

Built in 1968, the property offers one- and two-bedroom units ranging from 589 to 1,065 sf. 

Marcus & Millichap represented the seller, a limited liability corporation from California, and procured the buyer, a Dallas-based limited liability corporation.​

Marcus & Millichap Real Estate Investment Services
Dallas-Fort Worth-Arlington
Multifamily
Read more at {Source}
Work begins on Legacy West's tallest towerWork begins on Legacy West's tallest towerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164372017-04-28T05:00:00Z2017-04-28T15:00:00Z

​​PLANO – NE ​Development broke ground on LVL 29, a $100 million multifamily tower in the Legacy West development.

LVL 29's luxury units will range from 600 to 3,800 sf. The property will also include a seven-story parking garage.

Criterion B is the branding agency for the project, and Henderson Design Studio is the interior designer. Construction​ will be completed in May 2019. L​easing​ will begin in December 2018.

Multifamilybiz.com
Dallas-Fort Worth-Arlington
Multifamily
http://www.multifamilybiz.com/News/7612/Tallest_HighRise_Multifamily_Building_in_Plano_Tex...Read more at {Source}
World's first commercial full-recovery desalination plant finishedWorld's first commercial full-recovery desalination plant finishedhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164342017-04-28T05:00:00Z2017-04-28T15:00:00Z

​​EL PASO – Enviro Water Minerals Company has completed its new desalination facility. El Paso Inc. reports that this is the world’s first commercial full-recovery desalination plant.

Construction began in February 2016. The plant was designed to produce 2.1 million gallons per day of potable water from brackish water.

​​The new facility is next to the Kay Bailey Hutchison Desalination Plant at 3640 Global Reach Dr.

City water officials said conventional desalination technologies for brackish water typically yield 75 to 85 percent fresh water. Enviro Water Minerals Company claims its technology can recover 99 percent of the water.

This puts El Paso in a better position to attract companies in the manufacturing sector that use a lot of water, said Marcos Delgado, executive vice president at the Borderplex Alliance.

Texas­based Enviro Water Minerals uses its technology to extract minerals and contaminants discharged in wastewater from the desalination process. The leftover salts and minerals are turned into commercial products.

El Paso Inc.
El Paso
Infrastructure & Transportation
http://www.elpasoinc.com/news/local_news/article_312dffee-2a0e-11e7-ba65-7b65241924ef.htmlRead more at {Source}
A&M regents greenlight $334 million in construction projectsA&M regents greenlight $334 million in construction projectshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164352017-04-28T05:00:00Z2017-04-28T15:00:00Z

​​​​COLLEGE STATION – The Texas A&M University System Board of Regents​ unanimously approved nine construction projects totaling $334 million from around the A&M System.

Projects include: 

  • Headquarters for the Texas A&M Transportation Institute at the RELLIS Campus near Bryan ($62.5 million in funding for the $70 million project, which will begin construction next month);
  • Education complex for Texas A&M-Kingsville ($54.95 million);
  • Academic and Student Service Building for Texas A&M-Texarkana ($28.8 million); 
  • Energy consumption reduction project at Prairie View A&M ($15.3 million);
  • Energy conservation project for Texas A&M-Commerce ($9.05 million); and 
  • Dentistry Clinical Education Facility in Dallas for the Texas A&M Health Science Center ($114.75​ million).

Two projects are planned for West Texas A&M University. A second project for Prairie View A&M was also approved.

The Eagle
Texas
Education
http://www.theeagle.com/news/local/regents-vote-to-approve-more-than-million-in-construction-projects/article_a49a6987-2653-5e21-bed5-be05635483df.htmlRead more at {Source}
Investors close on Greenway Plaza portfolioInvestors close on Greenway Plaza portfoliohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164032017-04-27T05:00:00Z2017-04-27T22:00:00Z

​​HOUSTON – TH Real Estate, Silverpeak Real Estate Partners, and Canada Pension Plan Investment Board, have purchased a combined 49 percent stake in Houston's Greenway Plaza and Phoenix Tower.

The Greenway complex along with Phoenix Tower comprise 11 office properties that amount to five million sf across 54 acres.

The transaction values the portfolio at $1.045 billion.

Parkway Inc. has retained a 51 percent interest in the property and will continue to handle management and leasing activities. ​

Houston Chronicle
Houston-The Woodlands-Sugar Land
Office
http://www.chron.com/business/real-estate/article/Investors-close-on-1-billion-Greenway-Plaza-11090520.php

​Check out Houston Office Market Research.

Read the full article at the {Source}
54K SF sold in Pineway Business Park; 62K-SF industrial sold in Westway54K SF sold in Pineway Business Park; 62K-SF industrial sold in Westwayhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163822017-04-27T05:00:00Z2017-04-27T22:00:00Z

​HOUSTON – Two buildings, totaling 54,740 sf, in the Pineway Business Park located at 13230 & 13240 Hempstead Hwy., have been sold. 

Additionally, 62,210 sf of industrial flex space in Westway Business Park, located at 10700 Hammerly Blvd & 2313 West Sam Houston Pkwy. North, has changed hands.​

Realty News Report
Houston-The Woodlands-Sugar Land
Industrial
http://realtynewsreport.com/2017/04/18/nai-industrial-buildings-sold/

​Check out Houston Industrial Market Research.

Read more at {Source}
158-acre The Riverwalk mixed-use community opens 158-acre The Riverwalk mixed-use community opens https://www.recenter.tamu.edu/news/newstalk-texas/?Item=164302017-04-27T05:00:00Z2017-04-27T15:00:00Z

​FLOWER MOUND – Centurion American Development Group has opened The Riverwalk at Central Park, a 158-acre mixed-used community.

Anchored by Texas Health Presbyterian Hospital Flower Mound, the property includes single- and multifamily residences, retail and restaurant space, an amphitheater, and 46.5 acres of parks.

A grand opening was held April 25 at 4273 Riverside​ Dr.​​

REBUSINESS
Dallas-Fort Worth-Arlington
Mixed-Use
http://rebusinessonline.com/centurion-opens-158-acre-mixed-use-development-in-flower-mound/Read more at {Source}
Texans hit the beach . . . and collect 78 tons of trashTexans hit the beach . . . and collect 78 tons of trashhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164312017-04-27T05:00:00Z2017-04-27T15:00:00Z

​​​​AUSTIN –  Volunteers removed over 78 tons of trash last Saturday at the Texas General Land Office's 31st annual Spring Adopt-A-Beach Cleanup. 

Around 6,770 volunteers showed up at 28 locations coastwide to remove 156,699 pounds of trash from 146 miles of Texas coastline.

Commissioner George P. Bush and his family participated in the cleanup at Mustang Island State Park where they were joined by 200-plus volunteers in picking up more than 10,000 pounds of trash along five miles at that site alone.

The most trash was collected on beaches in Brazoria County (47,720 pounds).

"Many Texas industries rely on a healthy coast to thrive," said Commissioner Bush. "Keeping beaches clean is not just an environmental issue, it's an economic one as well. The Adopt-A-Beach program has been instrumental in keeping beaches clean throughout the last three decades, aiding tourism and commercial fishing industries while maintaining the coast for Texas families."​

Texas General Land Office
Texas
Land
http://www.glo.texas.gov/the-glo/news/press-releases/2017/april/6700-volunteers-pick-up-78-tons-of-trash-from-146-miles-of-texas-beaches.htmlRead more at {Source}
227 units deliver at former Coca-Cola bottling plant227 units deliver at former Coca-Cola bottling planthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164322017-04-27T05:00:00Z2017-04-27T15:00:00Z

​​​FORT WORTH – KWA Construction has delivered Hightpoint Urban Living, a 400,000-sf, 227-unit apartment complex on the site of the former Coca-Cola bottling plant at 650 S. Main St.

Located in the Medical District, the proper​ty has one-bedroom units averaging 631 sf and two-bedroom units averaging 1,257 sf.​​

REBUSINESS
Dallas-Fort Worth-Arlington
Multifamily
http://rebusinessonline.com/kwa-completes-227-unit-apartment-complex-at-former-coca-cola-bottling-plant-in-fort-worth/Read more at {Source}
Houston ISD getting new high schoolHouston ISD getting new high schoolhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164292017-04-27T05:00:00Z2017-04-27T14:00:00Z

​​HOUSTON ​​– The Houston Independent School District has retained Cadence McShane Construction Co. to build a 120,000-sf high school campus.

Barbara Jordan High School will sit at 5800 Eastex Fwy. and will include 25 classrooms, six laboratories, a childcare center, and a cafeteria. ​

Delivery is scheduled for third quarter 2018.

REBUSINESS
Houston-The Woodlands-Sugar Land
Education
http://rebusinessonline.com/cadence-mcshane-to-build-120000-sf-high-school-in-houston/Read more at {Source}
New owner for First Colony CommonsNew owner for First Colony Commonshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163842017-04-26T05:00:00Z2017-04-26T23:00:00Z

​SUGAR LAND – First Colony Commons, a 410,121-sf retail center, has changed hands. 

Situated on 37.85 acres at 15201-15555 Southwest Fwy., the center is at the intersection of Hwy. 59/I-69 and Williams Trace Blvd.

First Colony Commons is 99 percent leased to a variety of big box and national retailers, including The Home Depot, Babies”R”Us, Office Depot, Michaels, Conn’s and Tuesday Morning.

Realty News Report
Houston-The Woodlands-Sugar Land
Retail
http://realtynewsreport.com/2017/04/17/trigate-buys-major-retail-center-in-fort-bend-county/

​Check out Houston Retail Market Research.

Read more at {Source}
StreetLight's first tenants to The IvyStreetLight's first tenants to The Ivyhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163782017-04-26T05:00:00Z2017-04-26T22:45:00Z

​​HOUSTON – The Ivy, a 17-story, 297-unit apartment project at 2311 Mid Lane, near Westheimer Rd. between the River Oaks District and Highland Village is expecting its first residents to move in during May 2017.

Rents for the Class A apartment project range from $1,738 per month for a 550-sf studio to more than $10,000 per month for a penthouse unit spanning up to 3,070 sf.

The Ivy, which began construction in April 2015, is the second phase of StreetLights Reside​ntial’s luxury apartment complex off Mid Lane in the Galleria area.

Six units, including one of six penthouse units, have been leased since preleasing began in late February.​

Houston Business Journal
Houston-The Woodlands-Sugar Land
Multifamily
http://www.bizjournals.com/houston/news/2017/04/18/photos-new-luxe-apartments-near-river-oaks.html

​Check out Houston Multifamily Market Research.

Read the full article at the {Source}
Conroe, Montgomery housing market data by ZIPConroe, Montgomery housing market data by ZIPhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164012017-04-26T05:00:00Z2017-04-26T22:35:00Z

​​​​​​​​CONROE | MONTGOMERY – The latest housing market data has been released by Community Impact Newspaper.​​​

Community Impact Newspaper
Houston-The Woodlands-Sugar Land
Housing
https://communityimpact.com/houston/conroe-montgomery/housing-real-estate/2017/04/21/market-data-march-2017/

​Check out more Houston Housing Market Research.

Read more at the {Source}
Division HQ, jobs to CarrolltonDivision HQ, jobs to Carrolltonhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=164022017-04-26T05:00:00Z2017-04-26T22:00:00Z

​​​CARROLLTON – A division of global pharmacy group firm, AmerisourceBergen Corp., began work on its 32-acre corporate campus in Carrollton, with plans to employ upwards of 3,000 employees in the next decade.

The initial phase totaling $113 million with 300,000 sf of space is slated to be completed in 2019.

This is the first step in the divisional corporate campus—a two-phased development—becoming a reality and giving AmerisourceBergen Specialty Group a place to relocate about 1,200 existing employees to the campus in 2019.
Dallas Business Journal
Dallas-Fort Worth-Arlington
Office
http://www.bizjournals.com/dallas/news/2017/04/20/pharmacy-group-starts-division-hq-campus-to.html

​​Want more data? See DFW Office Market Research. 

Read more at the {Source}
Humblewood Shopping Center changes handsHumblewood Shopping Center changes handshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163932017-04-26T05:00:00Z2017-04-26T22:00:00Z

​​HUMBLE – The Humblewood Shopping Center has changed hands.

The shopping center provides 172,897 sf of retail space and is anchored by Petco, Sketchers and Conn's Home Plus.

The center, located at 19661 US ​59, is just south of Deerbrook Mall.​

Sembler Co. and Forge Capital Partners bought the shopping center from Weingarten Realty Investors.​

Houston Chronicle
Houston-The Woodlands-Sugar Land
Retail
http://www.chron.com/business/real-estate/article/Florida-investors-buy-shopping-center-near-11072338.php

​Check out Houston Retail Market Research.

Read more at the {Source}
Law firm downsizes in JPMorgan Chase TowerLaw firm downsizes in JPMorgan Chase Towerhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163952017-04-26T05:00:00Z2017-04-26T22:00:00Z

​​​​HOUSTON – Winstead PC, a Dallas law firm, has signed a lease for two-and-a-half floors in the JPMorgan Chase Tower, located at 600 Travis St.

The move is a downsize in space—Winstead is moving from 90,000 sf to roughly 66,000 sf—but it is not because of a reduction in headcount.

The new office space will have floor plans that allow Winstead to grow by 20 percent.

The law firm is expected to move in October 2017.

Winstead will take a portion of floor 50, and floors 51-52 in the tower.

The law firm currently occupies floors 8-11.

Houston Business Journal
Houston-The Woodlands-Sugar Land
Office
http://www.bizjournals.com/houston/news/2017/04/20/exclusive-dallas-law-firm-signs-lease-for-2-5.html

​Check out Houston Office Market Research.

Read more at the {Source}
Over 150K sf of Bellaire office space sellsOver 150K sf of Bellaire office space sellshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=163892017-04-26T05:00:00Z2017-04-26T21:50:00Z

​​​​BELLAIRE – The six-story Bellaire Atrium I and II buildings have been sold.

The Bellaire Atrium I and II Buildings are located at 5909 and 5959 West Loop South and total 152,304 sf.

The buildings are 91 percent occupied, and their occupants come from a variety of industries and include accounts, financial planners and medical tenants.

Houston Chronicle
Houston-The Woodlands-Sugar Land
Office
http://www.chron.com/business/real-estate/article/Two-Bellaire-office-buildings-change-hands-11087119.php

​Check out Houston Office Market Research.

Read more at the {Source}

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