City Center News
Granite Properties plans to renovate the West End Marketplace at 1701 N Market Street in downtown Dallas. The developer hopes to transform the long vacant historic building into office space for small companies and start-ups. Source: Dallas Morning News, May 28, 2015.
Richardson-based Genesis Real Estate plans to build a 28-story high-rise residential tower at Hi Line Drive and Houston Street in downtown Dallas. The Katy Tower is the fourth high-rise currently under development at Victory Park. Source:
Dallas Morning News, May 27, 2015.
Lease rates in downtown and Uptown Dallas are booming, and the most recognizable office towers in Dallas are drawing the highest rents according to JLL's 2015 Skyline Review. Source: D Magazine, June 4,
2015.
Dallas is celebrating the expansion of the free M-Line trolley into the heart of downtown. The new route extends trolley service on N St. Paul Street to Federal Street, and adds service along Olive Street through Klyde Warren Park. Source: Dallas Morning News, June 5,
2015.
Dallas-based Lincoln Property Co. is purchasing land to build a 23-story office tower at the corner of Pearl Street and Woodall Rodgers Freeway in downtown Dallas. Plans include a restaurant, conference center, and a deck that overlooks Klyde Warren Park. Source: D Magazine, June 19,
2015.
Southern Dallas News
Amazon has announced plans to open a 500,000 SF distribution center at the northwest corner of Interstates 45 and 20 in southern Dallas. The new facility is scheduled to open by 2016 and will bring the total number of available fulfillment center positions with Amazon in North Texas to 1,500. Source: Dallas Morning News, June 9,
2015.
Houston-based David Weekley Homes has begun construction on High Grove, a community of 53 single-family homes on Stevens Forest Drive in North Oak Cliff in Dallas. The development will feature common areas with several 100-year-old oak trees and a private dog park. Source: Advocate Magazine, June 11, 2015.
General News
California-based housing research firm CoreLogic is planning to build a $68M, 327,000 SF office building to house 1,800 employees at the northwest corner of Hackberry Road and Ranch Trail in the Cypress Waters office park in Dallas. Source: Dallas Business Journal, June 4, 2015.
Toyota Industries Commercial Finance Inc. announced plans to relocate their headquarters to 8951 Cypress Waters Blvd. in Dallas. The move is expected to bring 150 jobs. Source: Dallas Business Journal, June 12, 2015.
Small Business News
Austin-based creative technology studio and consulting firm Chaotic Moon Studios is expanding their operations in Dallas. Plans include renovating office space near downtown and hiring 250 employees within the next three years. Source: Dallas Morning News, June 12, 2015.
 Economic Review
 - The Federal Housing Finance Agency House Price Index is calculated using home sales price information gathered from mortgages sold to or guaranteed by Fannie Mae and Freddie Mac.
- Home prices in the Dallas-Plano-Irving Metropolitan Division increased 3.3 percent in the first quarter of 2015. Over the same time period home prices for the entire U.S. rose 0.3 percent.
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