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REAL ESTATE
4 DFW suburbs among the fastest-growing, most affordable in US, report shows
Four Dallas-Fort Worth suburbs were named some of the fastest-growing and most affordable suburbs in the United States in a new report. The report from GoBankingRates.com looked at the cities with a typical home value below $500,000 on Zillow in July 2024. The cities were then ranked by the largest...
Downtown Fort Worth's Historic Building Set for Transformation With $1.3 Million Revitalization Loan
Big changes are coming to a historic building in downtown Fort Worth, thanks to a substantial loan intended to spur redevelopment. According to Fort Worth officials, the City Council has awarded a whopping $1.3 million Brownfields Revolving Loan Fund (RLF) to 115 W. 7th LLC, partnered with 3L Real Estate, for the repurposing of an iconic downtown fixture.
Fort Worth breaks ground on Stop Six development named for beloved housing advocate
Fort Worth native Clarence Donald Babers dedicated his life to improving public housing in Texas, Louisiana, Arkansas, New Mexico and Oklahoma as a leader and administrator for the U.S. Department of Housing and Urban Development. Now, Fort Worth government and community leaders are memorializing Babers by naming a new housing...
‘You Gotta Believe’ Movie Tells of Fort Worth Realtor’s Little League Run to the World Series
Sometimes real estate and filmmaking cross paths in the most unexpected ways. Like, say, you are listing a movie star’s home. But in the case of Fort Worth Compass agent Robby Lebus, the Realtor is part of the inspiration for a film from a time in his youth that kids only dream of.
CRE Briefs: Mixed-income Multifamily Development Coming to East Fort Worth
Palladium USA is bringing a 243-unit, mixed-income, multifamily project to eight acres in east Fort Worth. The project, dubbed Palladium City Skyline, is a public-private partnership with the Fort Worth Housing Finance Corp. and was designed by Arrive Architecture Group. It will be built in partnership with Treymore Construction and FWHFC and is expected to provide rent options for individuals earning 30, 60, 70, or 80 percent of area median income. The development is the first new private construction project in Fort Worth’s Public Improvement District No. 20 in two decades.
April Housing Kicks Off Preservation Program by Resyndicating Texas Properties
April Housing announced that it has completed initial resyndications of four Texas properties with a combined 898 units. The firm has gone through the process of obtaining low-income housing tax credits (LIHTCs) and bonds and lining up the necessary financing to begin renovations at developments in Austin, Dallas, and Fort Worth.
Hillwood Adding to Alliance Town Center
Hillwood is planning 634 apartment units between two projects in far north Fort Worth. It is planning 308 residential units as part of the fifth phase of the 900-acre community and retail center Alliance Town Center. The project is expected to have 9,145 square feet of amenity space. The project...
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