An East Dallas apartment community has sold to one of the country’s largest institutional real estate investors. The Alexan Henderson apartments were built.
One of the oldest landmark buildings in East Dallas will be joined by the neighborhood’s newest real estate development. The Cathedral Church of Saint.
Trammell Crow Residential proposes Alexan Crafts apartments in Coral Gables - South Florida Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Deal Ticker: Longtime Vacant Garland Building Gets New Owner From Innovative Industry
Plus Trammell Crow Residential plans Ross Avenue multifamily, Frisco s Shops at Stonebrook exchanges hands, and more.
Garland has approved a deal with
Future Foam, Inc. to renovate and begin operations at 3000 W. Kingsley. Future Foam will spend $3 million renovating the 341,840 square feet facility and reactivate rail service to the facility with this project.
The building has remained vacant since 2015 when APEX Tool Group consolidated its operations from their Garland site into their South Carolina facility, resulting in the loss of 261 jobs.
Nearly $3 million will be invested in renovating the existing facility on the 19.69-acre site. An additional $6 million will be added to the City’s tax rolls from the transfer of operations and from additional machinery and equipment added through the expansion. Initial operations will create 104 full-time positions with plans for further expansion
More apartments on the way on East Dallas’ Ross Avenue
Trammell Crow Residential has already built three projects in the area east of downtown Dallas.
Trammell Crow Residential has built several projects along Ross Avenue.(JHP Architecture )
2:10 PM on May 17, 2021 CDT
Dallas-based apartment builder Trammell Crow Residential has beaten a path east down Ross Avenue. It has already built three rental communities in the Ross Avenue corridor east of downtown.
Now the developer is eyeing another apartment project in the 5100 block of Ross Avenue.
The 384-unit Alexan Cathedral Arts will include two buildings, according to planning documents filed with the state.