Monthly Archives: May 2016

Report on Mixed Income Housing in Dallas Released by Urban Land Institute

The message to those attending the sold-out ULI North Texas Breakfast Forum this morning was clear:  it is time for Dallas to begin serious efforts to increase its supply of affordable and mixed-income housing.  Dallas has a very large population in need of housing that costs less than $2000 a month, and the supply is far below the demand.  Other Sunbelt cities that compete with the North Texas region have already instituted innovative approaches to help developers finance affordable housing projects or to incentivize inclusion of affordable units in mixed … Read More

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June 9 Breakfast Forum: “New Life for Old Bones”

You drive past them every day:   aging commercial strip centers with more vacancies than tenants and older industrial/warehouse/offices.  Both are often surrounded by a large parking area with broken pavement, a few older model cars and trucks, and lots of weeds. At the same time, growing traffic and rising prices in the newer suburbs are making some North Texans rethink the desire to move out of the older, first ring suburbs.  If the price, regulatory environment and market are right, aging retail and industrial areas can attract redevelopment. Who is … Read More

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ULI North Texas What’s Next 2016: A Focus on Education & Real Estate

What You Missed: Keynote of Dr. Michael Sorrell, President of Paul Quinn College The quality and accessibility of municipal education systems have a tremendous influence on its real estate market. This year’s ULI What’s Next half day conference examined the many educational relationships that factor into location decisions across all product types and locations. Leading off the morning was Dr. Michael Sorrell, President of Paul Quinn College, a historically African-American private college located in the Highland Hills neighborhood of Dallas, approximately 10 miles south of downtown. Dr. Sorrell’s unique background … Read More

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Affordable and Mixed Income Housing for Dallas: Preview the ULI Panel Report

With thousands of new residents pouring into the North Texas region to find employment in our expanding economy, housing prices are being bid up rapidly.  Properties that once were available to middle and lower income families are being purchased and replaced or rehabbed for higher income renters and condo purchasers.  This has exacerbated the shortage of housing for persons of average or lower income.  At the same time, the City of Dallas was challenged over its practice of putting the majority of its subsidized housing in the southern half of the city … Read More

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