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Publication:  The Dallas Morning News
Date: January 10th 2014
Section: Business
Page Number: 4D

Commercial Real Estate

Apartments aim to bring 'Seattle cool' to Uptown

By Steve Brown
Real Eastate Editor

Apartment builder Alamo Manhattan LLC has begun work on its next Dallas apartment project near Turtle Creek.

The Builder has demolished several small buildings at Routh and Carlisle streets to make way for the 208-unit development.

"This is our third project in Uptown and our pipeline across the nation has grown...


Demand boosted by job growth

D-FW construction, employment boom is well-timed, analysts say

Real Estate Editor

North Texas’ booming employment growth should keep demand for new apartments high during the year ahead, analysts predict.
That’s a good thing since Dallas-Fort Woorth leads the country in apartment building with about 23,500 new rental units under construction.
“Dallas was one of the first markets to see construction come back” after the recession, Jay Parsons of apartment analyst MPF Research said Friday. “Those...


With D-FW apartment market on a roll, developers are smiling

The Arpeggio apartments being built north of downtown Dallas are among the more than 1,500 rental units under construction in the Victory Park project. Area wide, almost 24,000 apartments are under construction.

With North Texas apartment vacancies running at the lowest level in a dozen years, developers aren’t worried about the building boom in Dallas-Fort Worth.
Instead, they are eager to start more rental units if they can find affordable locations and afford higher construction costs.


Development in the works along Dallas transit’s Green Line

Commuters riding DART’s Green Line have watched for months as work crews build the first apartments next to downtown Carrollton’s transit center.

And in just weeks, the tenants will start arriving at the 179-unit project on Main Street south of Belt Line Road.

“There will be residents moving in at the end of July — it’s coming up quick,” said Joel Behrens, senior vice president of developer High Street Residential. “We’ll have...

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