Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Wednesday, November 24, 2010
Kroenke says it doesn't have plans in place yet for Walnut Hill site
The new owners of a prime North Dallas development site say they aren't in a hurry to do anything with the land.
A partnership set up by Missouri-based Kroenke Holdings bought 42 acres at the northwest corner of Walnut Hill Lane and North Central Expressway on Nov. 12 from lenders who had foreclosed on the property.
The vacant land is zoned for a combination of retail, commercial, apartments and residential space.
Representatives of new owner E. Stanley Kroenke said in an announcement that they plan to "improve and develop the property over the coming years."