Saturday, May 31, 2008 , Updated
Speculators buying up cheap land in West Dallas near Calatrava bridge site
A couple of investment companies are buying up big plots of land in West Dallas, seemingly in anticipation of the construction of the planned Calatrava Bridge, notes eagle-eyed Steve Brown at the DMN.
A company called West Dallas Investments has bought 30 acres between Sylvan Avenue and the river, while another company called Commerce Properties West has bought 10+ acres along Commerce and Main streets. The two companies are related, and their purchases represent at least 100 commercial and residential properties valued at more than $8 million, though taken all together, it'll represent much more.
Businessman Larry McGregor seems to be the big gun, although the partnership also includes restaurateur Phil Romano and a guy that Steve Brown says is named Khraish H. Khraish. How do you get a name like that? It seems like that kind of name would make life pretty easy. Teresa B. Teresa.
Posted by T.G.
Email
|
Print
|
Comment
|
Tell us your story
|
- »Large-scale sculpture The Eye by David Altmejd acquired by Dallas Museum of Art
- »Concert preview: Metric at Palladium Ballroom on Wednesday
- »Red Mango to celebrate grand opening of five Dallas-area locations on December 12
- »Theater review: Puss in Boots
- »Winning model selected for sustainable city block in downtown Dallas
-
»KERA explores living with Trinity Project in multi-media documentary series
-
»Photos and video: "Bridging the Trinity" party serves up Calatrava, Leppert, Hutchison -- and fireworks!
-
»Slide show and audio tour: Big Italian steel at the Margaret Hunt Hill Bridge site in Dallas
-
»Angela Hunt left out -- again -- when Mayor Tom Leppert appoints new committee chairs
-
»Dallas' Trinity River Corridor Project starting to sink into dysfunctional mire
|
an event
|
a restaurant
|
|
a garage sale
|
a drink special
|
|
a movie showtime
|
local music
|
a job
|
a house
|
|
a deal
|
a pet
|
