Snapped up! 15 acres for redevelopmentSnapped up! 15 acres for redevelopmenthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=171642017-07-21T05:00:00Z2017-07-21T21:40:00Z

​​DALLAS – An investor who has recently purchased several blocks in downtown Dallas has snapped up another large property south of the central business district.

Developer Zad Roumaya's Digit 1919 apartments under construction on Akard Street at Cornith.Dallas restaurateur and entrepreneur Mike Hoque has purchased about 15 acres on Corinth St. at Cesar Chavez Blvd. for redevelopment.

The purchase includes the shuttered Pilgrim's Pride plant south of downtown. The chicken processing plant closed in 2011.

Hoque, who owns several downtown restaurants and businesses, said he wants to redevelop the land as a mixed-use project. He's talking with builders about a variety of projects.

"There is an opportunity to build affordable housing there," he said. "A lot of people are being pushed out of Deep Ellum because rents for apartments and art studios are going up. It's the same thing in the Design District."
Dallas Morning News
Dallas-Fort Worth-Arlington

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