{{titleBar.title}}

​

​​​Check out San Antonio-New Braunfels Multifamily Market Research.

​​NORTHLAKE – A 349,425-sf industrial lease in the Northport 35 Business Center on I-35W has been signed.

Northport 35 Business Center is a three‐building 945,035-sf industrial development located near Texas Motor Speedway.

Allen Distribution, a growing food and beverage service company, leased the space in Northport 35 Business Center from Stream Realty Partners.​​

For free quarterly reports see DFW Industrial Market Research.

​​​​​PLANO – Construction is about to begin on a 27-story condominium tower in Legacy West named The Windrose Tower.

The new residential tower is being built next door to Liberty Mutual Insurance's new regional office complex on Headquarters Dr.

Construction on Windrose Tower started earlier this month.

Condos in the tower will range from 1,850 sf to 11,000 sf for the penthouse.

With more than 100 homes, units in the building is expected to be priced at $1 million and up.​

​Check out DFW Housing Market Research.

​FRISCO – After nearly two years of construction the 16-story, 300-room Omni Frisco Hotel has opened.

The facility, located at 11 Cowboys Way, is inside The Star development and adjacent to the Ford Center, the Dallas Cowboys’ practice facility.

Many of the lodging’s amenities pay homage to the Dallas Cowboys, including details like football-shaped light fixtures outside the hotel’s grand ballroom and stars stitched onto the throw blankets on guest room beds.

The hotel can also handle large corporate events in 24,000 sf of indoor meeting space, and an additional outdoor area that can hold between 300 and 350 guests.​

​​DALLAS – The Delta Cos., a physician and health care-staffing firm with operations across the U.S., is moving its headquarters a mixed-use development at Cypress Waters called The Sound near LBJ Fwy. and Belt Line Road.

The health care firm has rented 38,000 sf in the project.

Delta plans to move into its new location in 2018.​

​Check out DFW Office Market Research. ​

​​​FRISCO – Frisco Planning and Zoning Commission approved plans for a new Cinemark Theatre and a new mixed-use development in downtown.

Cinemark plans to build a new ten-screen theater at the southwest corner of US 380 and the Dallas North Tollway.

The theater includes an outdoor movie screen with a sloped viewing lawn.

The commission approved the site plan for the theater and two commercial buildings.

The commission also approved a rezoning request for Tower at the Rail, a mixed-use development planned for the southwest corner of Elm St. and Seventh St.

The development will encompass a two-story building in which the bottom floor will have retail shops and the top floor will have restaurants.

There will also be eight luxury townhouses that will surround the building and share an open space.

Don't forget to check out DFW Housing​ and Retail Market Research.

​​SCHERTZ – Construction on the $7.2 million expansion of the FM 1103/Hubertus Rd. bridge over I-35 began mid-August 2017 and should wrap up by spring 2019. 

The project will expand the existing two lane bridge to five lanes, plus turnarounds. 

The expansion should ease traffic over the busy bridge but in the meantime could mean a hefty detour for some drivers.

According to TxDOT, the expansion was motivated by the incredible growth in Schertz and Cibilo, which has proven too much for the old bridge. 

FRISCO – The latest housing market data has been released by Community Impact Newspaper.​​​​​​​​​

​Check out more DFW Housing Market Research.

​ALLEN – Construction is underway on a three-story, 145,000-sf regional hub for NetScout Systems Inc. Cost of construction is estimated at $21.5 million, according to TDLR.

The cybersecurity company plans to relocate about 500 employees into the new hub.

Completion is set for summer 2018 at One Bethany at Watters Creek, 75013 .

The company plans to expand the campus to accommodate roughly 800 workers in the next few years.​ 

​RELATED: Tech firm shifting from Plano to Allen​

Click here for DFW Office Market Research.​​

​CIBOLO – A San Antonio-based company plans to break ground as soon as this fall on a new multiscreen theater complex at I-35 and Wiederstein Rd.

The project, by Santikos Entertainment, will include as many as 16 auditoriums featuring the latest in digital technology, Dolby ATMOS sound systems and recliner seating. 

The company is looking to start construction on the theater project in fall 2017 so it can open by fall 2018.​

The new venue will also house several bowling lanes, a high-energy sports bar, full restaurant and arcade games.

​Check ​out San Antonio-New Braunfels Retail Market Research.

​​AMARILLO, LUBBOCK – The average price per acre of “small land purchases" in the Texas Panhandle and South Plains shot up 34.8 percent from 2015 to 2016, according to a recently released Texas Association of Realtors study. 

​​EL PASO – Cielo Vista Mall will add three new tenants before the end of the August 2017, bucking a national trend of declining malls—a growing online shopping trend has hurt retail shopping centers across the country.

Simon Property Group, the company that owns Cielo Vista Mall, recently announced that retailers ThinkGeek, Ooh La La and Adore Cosmetics are moving into the Eastside shopping center.

​Tim Fullerton, a professor of economics at UTEP, said the mall has fared well because it has kept up with changing trends and because surrounding businesses make the location a desirable destination for customers and highly sought out Mexican shoppers.

Mexican shoppers pump millions of dollars into the El Paso economy every year, and most recent data indicated Mexican nationals spent $46 million in El Paso County in 2012.

​​​KATY – VAHLE Inc., a manufacturer of mobile electrification products, has broken ground on a headquarters at West Ten Business Park on Houston metro’s far west side. 

​Check Connect for more on this story​. Check out Houston's Industrial Market Research​.​​

​​AUSTIN – Construction will begin in September 2017 on a $27 million recreation center west of Oak Hill.

​​​​Read more about the Houston multifamily market here. 

​​​​​ODESSA – The Odessa Economic Index increased for the eighth straight month in June 2017, finishing at 197.9. 

Be sure to check Connect for more on this story​. 

​​​​DeSOTO – Best Western Hotels & Resorts​ broke ground on GLō DeSoto—a 75-room boutique hotel.

The $4 million four-story hotel is located at I-35E and Southpointe Dr.​, according to TDLR.

Upon completion, GLō DeSoto will have a 1,000-sf meeting space, communal work areas, a fitness center, spa and more.​

The boutique hotel is projected to open in May 2018.​​

​​​DENTON – Preliminary plans are complete for the Texas Woman’s University's (TWU)​ Residential Village Project—three residence halls and a stand-alone dining facility—east of Bell Ave. where there's currently a soccer field.

The residence halls will be four stories tall and hold a total of 875 beds, and the dining area will be 30,000 sf.

Right now, the project will cost an estimated $78 million, said university spokeswoman Amanda Simpson.

Construction is slated to begin in February 2018, after project details are finalized.

The facilities will be constructed by Balfour Beatty Campus Solutions and open in fall 2019.​

​​​​EL PASO – Mayor Dee Margo touted the addition of about 4,500 jobs this year.

​​DALLAS – Courtland Development, in partnership with Trez Capital Texas, is adding a two-building, 150,000-sf industrial project ​​to its 590-acre Mountain Creek Business Park.

Mountain Creek 7 and Mountain Creek 8 ​will be a 54,600-sf building and a 100,360-sf building, respectively, near Mountain Creek Pkwy. and I-20.​ Completion is slated for spring 2018.

Alliance Architects is the project architect, Pacheco Koch are the engineers, and Southwest Bank is financing the construction.