Billion-dollar Wade Park changes hands, future uncertainBillion-dollar Wade Park changes hands, future uncertainhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=220572019-03-04T06:00:00Z2019-03-05T00:30:00Z

​​​​An aerial view of the Wade Park development site.​FRISCO – WP Development Partners LLC has purchased the Wade Park development site from Atlanta-based Wade Park Land Holdings.

The 175-acre property on the Dallas North Tollway has been threatened with foreclosure for the past year. 

Work on the $2 billion development began in 2014 and ground to a halt in mid-2017, leaving partially constructed buildings and a huge excavation site along the tollway.

The ownership change does not wipe out any debt or liens on the property and does not preclude a foreclosure, according to the deeds.​​

Dallas Morning News
Dallas-Fort Worth-Arlington
https://www.dallasnews.com/business/real-estate/2019/02/26/friscos-wade-park-changed-hands-ownership-unclearRead more at the {Source}

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