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Dallas architecture firm to help Ambassador bring 'tiny home' living to the Big D

Dallas developer Jim Lake is readying the historic Ambassador for a major redevelopment, which will transform the vacant hotel in the Cedars neighborhood in downtown Dallas into mecca for 'tiny home' living in the Big D with the help of a local architecture firm. The 112-year-old hotel, originally called the Majestic Hotel, was considered one of Dallas' most luxurious properties when the six-story structure was built in the early 1900s. In its heyday, the historic hotel played host to former U.S.…

Tuesday, December 12, 2017
U.S. awarded $188M to DFW defense contractors last week. See who got the most

Since Dallas-Fort Worth has such a robust defense industry, we'll be keeping tabs on what contracts the U.S. Department of Defense doles out to local companies.

Tuesday, December 12, 2017
With new fund, Caddis CEO looks to buy up to $1B in U.S. medical office properties

Dallas-based real estate development and investment firm Caddis could double its $1 billion in holdings in the next five years with the help of a new investment fund.

Tuesday, December 12, 2017
New Fort Worth firm gets $300 million private equity backing to invest in Permian

Pegasus is planning to buy and manage properties in the Permian Basin at a time when concerns are growing about the glut of natural gas slowing down oil production in the famed Texas fields.

Tuesday, December 12, 2017
Federal tax reform could mean more people moving to Texas: ‘It’s almost malpractice not to talk to clients about leaving California’

Eliminating the federal deduction for state income taxes could spur more wealthy Californians to move to low-tax states such as Texas.

Tuesday, December 12, 2017
Take a sneak peek inside IKEA Grand Prairie

Home furnishings mega-retailer IKEA will open the doors to its second North Texas store on Wednesday at 9 a.m.  Located at 1000 IKEA Way in Grand Prairie, the 290,000-square-foot location is one of IKEA’s only shops built on a single story. As of March, the company had roughly eight one-story shops open. The layout makes it easier for shoppers to get in and out, said Grand Prairie store manager Matt Hunsicker. “It’s a preferred way of making a store because it allows our customers, once…

Tuesday, December 12, 2017
How much does Irving spend advertising itself?

In this edition of Muni Monday, we look at a big project getting underway in Richardson and how much Irving spends advertising itself.

Monday, December 11, 2017