Friday, August 24, 2012

Big & New Lake Highlands Redevelopment Project


The first phase of the 70-acre project will start soon.
Five years after ground was broken for the project, developers have finally gotten funding to move ahead with construction on the first buildings in the big Lake Highlands Town Center in northeast Dallas.
So far almost $86 million has been spent on the big project – including $13 million from the public sector and more than $10 million from DART to build a new light rail station in the development.
The first phase of construction included new roads, a lake park and other public amenities.
Plans for project include retail, homes and commercial space along Walnut Hill Lane. (Cypress Real Estate)
Story by Steve Brown 

http://bizbeatblog.dallasnews.com/2012/08/dallas-developers-get-key-funding-for-big-lake-highlands-redevelopment-project.html/