Anderson said with the new convention center renovations, deck parks and projects for Old City Park, the Cedars was a prime spot.
“The Cedars will finally be connected to the Farmers’ market which then connects to East Quarter and then Deep Ellum,” said Anderson.
Watch the video clip at ABC 8. Read More »
More details are set to be revealed early this year about a proposed $850 million mixed-use development near Fort Worth's Cultural District planned by Dallas-based Larkspur Capital and Keystone Group LP, headed by billionaire businessman and philanthropist Robert Bass. The development would encompass 2 million square feet of residential, retail, office and hospitality space across five tracts of land. Parts of the project would be at the former Fort Worth Independent School District administration building at 100 University Dr. If built, it will significantly boost ongoing efforts to revitalize the fast-growing city.
A Fort Worth commission unanimously approved rezoning portions of the land last year. Brynn Bagot, a public relations consultant for Larkspur, said the company expects to have an update on the project by the end of January or February.
Read the full story at Dallas Business Journal. Read More »
Larkspur Capital President Carl Anderson was recently interviewed by Novogradac about Opportunity Zone Investment Values in 2025.
Read the full story here. Read More »
FW Westside Investors — a combination of Dallas builder Larkspur Capital and private equity investment firm Keystone Group LP — hope to break ground on the initial phase of the $850 million project in 2025.
Read more at the Fort Worth Report. Read More »
Fort Worth leaders on Tuesday evening cleared the way for an $850 million retail and residential development a mile north of the West 7th entertainment district and just minutes from downtown. City council members unanimously approved the rezoning of 11.45 acres of industrial land hugging the southern bank of the Trinity River, at the intersection of North University Drive and White Settlement Road. Dallas-based developer Larkspur Capital plans to replace several blocks of decimated administrative buildings and warehouses with apartments and storefronts.
Every city zoning commissioner supported the proposed change during its May meeting. Planning staff determined the project was “compatible” with surrounding land uses and “consistent” with the city’s comprehensive plan, its sweeping scheme to assess and plot out Fort Worth’s growth. “Through the proposed rezoning and potential future initiatives, city staff anticipates fostering more favorable development within this general area,” planning staff wrote in their analysis.
Read the full story at The Fort Worth Star Telegram. Read More »
A briefing on Public Facility Corporation housing projects — what they are and what merit they bring to Dallas — is tentatively slated for June, and affordable housing developers are already building a case to support what they say is a valuable and necessary funding mechanism for missing middle housing.
Larkspur Capital development associate Cole Wade spoke exclusively with CandysDirt.com about a presentation he prepared for the Dallas Public Facility Corporation staff.
Read the full article at Candy's Dirt. Read More »
Dallas builder Larkspur Capital and private equity investment firm Keystone Group LP have received a thumbs up from Fort Worth’s Zoning Commission to redevelop five parcels north of the city’s Cultural District that mainly comprise industrial warehouses.
The rezoning effort is just the beginning of a more sweeping phased redevelopment for 35 acres west of downtown Fort Worth near the intersection of University Drive and White Settlement Road.
Click here to read the full story at The Dallas Morning News. Read More »
A proposed $850 million mixed-use development at the former site of the Fort Worth Independent School District central administration received unanimous approval for zoning changes requested for the project.
Read the full story from Fort Worth Report here. Read More »
The rezoning effort is just the beginning of a more sweeping phased redevelopment for 35 acres west of downtown Fort Worth near the intersection of University Drive and White Settlement Road.
Read more at The Dallas Morning News. Read More »
The opportunity zones (OZ) incentive is a powerful tool used to finance community development.
"I think the program is doing what it is supposed to do," said Carl
Anderson, president of Larkspur Capital, which acquires, develops and
manages commercial real estate assets on behalf of institutional
investors. "It’s a massive program with 8,000 zones. It’s hitting its
objectives by drawing private capital to previously overlooked areas.
Opportunity zones have drawn us to submarkets that we may have not
looked at otherwise. While a project must stand on its own, the tax
effected returns can tip the scale of an investment decision."
To read the full story, click here. Read More »
An $850 million mixed-use project proposed in the ever-popular Cultural District of Fort Worth would significantly expand the footprint of office, residential and hospitality space in the area west of the city's downtown.
The project is headed by Westside Real Estate Investors LLC, a partnership between Dallas-based real estate developer Larkspur Capital LP and Fort Worth-based investment firm Keystone Group LP.
Read more at The Dallas Business Journal. Read More »
The firm behind several apartment and townhome properties rising in Deep Ellum and the Cedars has snapped up a prime development site near a multibillion-dollar project.
Dallas-based Larkspur Capital LP just purchased a 9.3-acre development site at 1545 W. Mockingbird Lane in the Southwestern Medical District, west of where Children’s Health and UT Southwestern Medical Center are planning a $5 billion project on more than 33 acres.
Click here to read the full story at Dallas Business Journal. Read More »
The seven-story building, built in 1967 and formerly known as Faulkner Tower, was purchased by Larkspur Capital in the summer of 2019. With Omniplan’s help, Larkspur conceived a top-to-bottom remodel with new electrical, HVAC, elevator and window systems, a resurfaced parking lot, new exterior paint and an updated contemporary lobby.
Read the full article at The Advocate. Read More »
A Dallas builder with several urban projects is headed to Fort Worth for a new development.
Larkspur Capital is building residential projects near Dallas’ Deep Ellum district, in Oak Cliff and in northeast Dallas.
Now the builder has joined with Fort Worth’s Bass family-owned Keystone Group LP to work on a 35-acre mixed-use development just west of downtown Fort Worth.
Read the full story at the Dallas Morning News here. Read More »
Fair Park and the neighborhoods around it are poised for incredible growth. This time, city and community leaders are insisting they won't repeat the mistakes of the past.
Cranes can be seen between the trees in the communities surrounding Fair Park. New apartments, retail, and public infrastructure improvements are coming adjacent to the amenity that is most commonly used during the three weeks of the State Fair of Texas.
Read the full story here at D Magazine. Read More »
The joint venture is plotting a 1.4 million-square-foot project, spanning 35 acres just west of downtown and near Fort Worth’s Cultural District, the Dallas Morning News reported.
Read more at The Real Deal. Read More »
The details are sketchy, but an investment group is planning to turn the former Fort Worth school district headquarters into a 35-acre mixed use development. Developer FW Westside RE Investors, a partnership between a pair of Metroplex investment groups, wants to transform the property on the corner of North University Drive and White Settlement Road into a vibrant commercial corridor.
Read the full story at Fort Worth Star-Telegram. Read More »
A 293-unit multifamily community is in the works near Fair Park.
Located at 3500 Ash Lane, Larkspur Fair Park will be a five-story apartment complex and feature a seven-story parking garage, fitness center, pool and street retail, according to planning documents filed with the state. Construction on the estimated $60 million housing development is scheduled to begin in November and is expected to be completed in 2025.
Read the full story at WFAA ABC 5. Read More »
A Dallas developer that’s been staking out project sites east of downtown is planning a fall start for a new rental community near Fair Park.
Larkspur Capital has been working on apartment projects in the area between Dallas’ Deep Ellum and Fair Park neighborhoods. It just completed an eight-story apartment community on Commerce Street on the eastern edge of Deep Ellum and has an apartment building called the Juniper set for a site just a block away at 4003 Commerce St. near Interstate 30.
Read the full story at the Dallas Morning News. Read More »
A developer with several projects near Dallas’ Deep Ellum neighborhood is headed south of downtown for its next deal.
Larkspur Capital’s next Dallas development will be rental townhomes in the Cedars district south of downtown. The builder has filed plans with the state for the 155-unit community at Botham Jean Boulevard and Corinth Street adjacent to the DART rail line.
Read the full story in the Dallas Morning News. Read More »
A developer that’s pushed the envelope of Deep Ellum with construction closer to Fair Park is seeking zoning for another project.
Larkspur Capital is finishing work on its first rental community on Commerce Street near Interstate 30. The eight-story Willow apartment building has almost 200 rental units on the eastern edge of Deep Ellum.
Read the full story at the Dallas Morning News. Read More »
Larkspur Capital is adding a $160 million development to its portfolio, in a slice of land between Dallas’ Deep Ellum and Fair Park.
Site clearing has begun for a seven-story, 240-unit multifamily complex at 4003 Commerce Street, called the Juniper, and it’s expected to make major headway this summer, the Dallas Morning News reported.
Read the full story at The Real Deal. Read More »
The Willow is the first of three apartment projects Larkspur Capital plans in the transition zone between Deep Ellum and Fair Park — an area that has not seen new apartment development.
Click here for the full story from Dallas Morning News. Read More »
The Santa Fe Trail is true to the Old East Dallas neighborhoods through which it runs — an unassuming workhorse of concrete with few amenities but frequented by the grand diversity of age, race and background that makes this the best part of our city. Click here to read the full article from The Dallas Morning News. Read More »
Larkspur Capital has a lot planned for the Deep Ellum music and entertainment district just off downtown Dallas, signaling plans for its third multifamily development in the enclave since 2020.Read the full story at The Real Deal. Read More »
Larkspur Capital bought a development site on Commerce Street between Deep Ellum and Fair Park where it plans to build a residential tower.
“The Juniper, as we’re calling it, is a mixed-use project that will consist of 19 levels with 338 apartment units, ground floor retail and an adjacent park,” said Larkspur Capital’s Carl Anderson. " We expect to clear the site in September followed by construction commencing in November.
Read the full story in the Dallas Morning News.
Read More »
The Dallas City Council approved the rezoning for the residential development at the Garland Road Thrift Store site.
Developer Larkspur Capital plans to build a 56-unit “pocket neighborhood” consisting of two- and three-story structures on Garland Road near Peavy Road. The residences will be multifamily buildings with attached garages. Two-story buildings line the perimeter, and three-story buildings surrounding a common area are in the center of the 3.61-acre site.
Read the full story from The Advocate. Read More »
A stretch of Fort Worth Avenue just west of Sylvan cuts a striking figure for drivers on Interstate 30.
It’s one of a couple of developments currently reshaping West Dallas.
This is not more apartments, but it is a rental development of single-family homes.
Larkspur Capital has cleared 8.5 acres for its Kessler Bluffs, planned as 146 “build-to-rent” residences.
Click here to read more from The Advocate. Read More »
A Dallas urban housing developer is headed to Northeast Dallas for its next project.
Larkspur Capital is planning a rental home community near the Casa Linda shopping center on Garland Road. The project near Peavy Road is in an area that’s been the focus of redevelopment efforts.
Read the full story from the Dallas Morning News. Read More »
The booming West Dallas neighborhood is getting another residential project.
Dallas-based Larkspur Capital has purchased land on Fort Worth Avenue for a 146-unit, urban home rental project.
The 8.5-acre development will be across the street from the landmark Belmont Hotel.
Read the full story at the Dallas Morning News here. Read More »
Gaston Tower’s first tenant will move into the newly renovated building next week.
Compass Real Estate will open its offices Monday in the building at 6220 Gaston Avenue. The company’s 100 agents and their team members will occupy the first three floors of the seven-story tower.
Click here for the full story from the Lakewood Advocate. Read More »
Dallas-based Larkspur Capital Partners is planning to build a seven-story, 190-unit apartment community with an estimated price tag of $34 million on the eastern edge of the Deep Ellum district.Click here for the full article from Dallas Business Journals. Read More »
Larkspur Capital Partners has filed a permit to build The Willow, a $34 million 190-unit project, in Deep Ellum. Construction on the 300,000-square-foot build is expected to begin in January and end in 2023.Click here for the full story from D Magazine. Read More »
Larkspur Capital plans project on the eastern edge of Deep Ellum.“Construction documents were issued on Friday and are being submitted to the city of Dallas for permit today,” said Carl Anderson, a partner in developer Larkspur Capital.Click here for the full article from The Dallas Morning News. Read More »
The Faulkner Tower has long been a brutal concrete eyesore but is getting a facelift thanks to commercial real estate developer, Larkspur Capital.
Click here for the full article from The Advocate. Read More »
Once monikered Faulkner Tower, developer Larkspur Capital continues to make progress to change the Lakewood landmark now marketed as 6220 Gaston Ave.Click here for the full article from The Advocate. Read More »
Dallas-based Larkspur Capital Partners LP are planning a five-story, 71-unit apartment complex at 1100 N. Zang Blvd. The company says it plans to start construction in May with a tentative delivery date of late summer 2021. The project could cost an estimated $13 million to build according to a document submitted to TDLR.Click here for the full article. Read More »
Dallas builder Carl Anderson of Larkspur Capital said so far the fallout rate has been manageable.
“From what I’m seeing, there are some contracts on higher-end product of over $1 million or so that are getting extended while mid-tier price point product of around $300,000 to $400,000 is generally closing per the contract date,” Anderson said. “There certainly have been some contract terminations due to buyer uneasiness about the economy and fear of job loss, but we’re not seeing a huge spike at this point.”
Anderson said he just sold a new townhouse in Oak Cliff before it was built.
Click here for the full article from The Dallas Morning News. Read More »
“As far as trades, they are all showing up and wanting to work,” said Carl Anderson of builder Larkspur Capital. "We have ensured that our outside general contractors are taking the necessary recommended precautions for construction sites.
“While it’s imperative that precautions be adhered to at construction sites, I’m glad to see that construction is continuing so that the area’s housing shortage and affordability crisis continues to immediately get addressed.”
Click here for the full story from The Dallas Morning News. Read More »
Builders who have done a series of successful East Dallas projects are headed to North Oak Cliff with a new development.
Larkspur Capital Partners is building an apartment community at 1100 N. Zang Boulevard near Lake Cliff Park.Click here to read the full article in the Dallas Morning News. Read More »
A new and improved Faulkner Tower wasn’t unveiled in November as developers had said, but construction is underway on the massive restoration project.
Construction workers are on site with cherry pickers replacing windows on the north side of the building.
Click here for the full article from The Advocate. Read More »
When the former Faulkner Tower reopens this winter after a top-to-bottom redo, it will have a new tenant in Compass Real Estate.
Click here for the full story from The Advocate. Read More »
Developers are pushing ahead with plans to redo a faded Lakewood high-rise into modern office space.
Larkspur Capital recently purchased the seven-story former Faulkner Tower at 6220 Gaston Ave. near La Vista Drive.
Click here for the full story at the Dallas Morning News. Read More »
Compass Dallas has signed a lease for three floors at 6220 Gaston Ave., the former Faulkner Tower building. The tower is across the street from Lakewood Shopping Center in the heart of Lakewood with a pretty neat view of the Lakewood Country Club golf course.Click here for the full article. Read More »
A 60-unit urban multifamily development along the redeveloping Henderson Avenue in East Dallas.
Please click here for more information on the project.
Read More »
Developers are preparing to start construction on boutique apartment building overlooking one of North Oak Cliff's busiest corners.
The rental building is planned at the corner of Zang Boulevard and Beckley Avenue near Lake Cliff Park. Read the full article here. Read More »
Larkspur's The Row on Elsbeth project in Bishop Arts was recently cited as an example of the dense development that Dallas needs more of. The full article can be viewed here. Read More »
Along with hundreds of new apartments coming to the Bishop Arts District, there also are several townhouse and condo projects.
Larkspur Developmentrecently released the details of its 16-unit townhouse project on Elsbeth Street.
Read more at The Advocate's website here. Read More »
Larkspur recently sold the third and final building comprising the Wilshire Gardens shopping center development inthe Fort Worth, Texas suburb of Burleson. Wilshire Gardens is leased to national credit tenants including Dunkin Donuts, Verizon, Schlotzsky's, and Advance Auto Parts, as well as local and regional tenants including Palio's Pizza and Venus Nail Salon.
Click here for more information. Read More »
A Dallas-based development group, Larkspur Development LP, has started its latest urban-style home project and its first in West Dallas, which will bring 16 townhouses within walking distance of the Bishop Arts District.Read the full story here. Read More »
A builder that has been active in Old East Dallas is headed to Oak Cliff for itsnext project.Larkspur Development LP has broken ground on a townhouse project in the popular Bishop Arts neighborhood.The first homes for sale at 630 Elsbeth St. near Davis Street will be ready late this year.The 16-unit Row on Elsbeth project will have three-story brick townhouses with rooftop decks.
Read the full story here. Read More »
"As we say goodbye to 2016, we look back at the top real estate stories that caught the eye of, well, everyone. From the hottest neighborhoods to find a house to Tony Romo’s bachelor pad, here are the most-read real estate stories of the year."
Read the full article here. Read More »
"The recent, unprecedented growth that has taken place in East Dallas can be attributed to several different factors, including the arrival of world-class dining, renowned retailers and luxury residential developments. For these reasons and more, millennial and first-time buyers now see East Dallas as the ideal place to purchase the home of their dreams."
Read the full article here. Read More »
"Throughout 2016, East Dallas has continued its noteworthy transformation, becoming one of the city’s most sought after neighborhoods for families and young, single adults alike. To feed the growing demand for contemporary, luxury housing in the area, Larkspur Capital, a Dallas-based developer, has completed several of the corridor’s landmark projects, including The Ivy and Bennett Avenue Townhouses. The company’s latest project, The Quarter, will be an 18-unit townhouse complex designed to reflect the growth and rejuvenation in the surrounding area."
Read the full article here. Read More »
"Larkspur Capital Partners has broken ground on The Block on Bennett, a townhouse community in the Knox-Henderson area of Dallas. The project is scheduled for completion in early 2017 and will consist of 22 units."
Access the originalarticle here. Read More »
"The Knox-Henderson area is one of Dallas’ fastest growing neighborhoods.is seizing on that growth and recently broke ground on its fifth East Dallas residential project along the budding Fitzhugh Avenue corridor,. The contemporary townhouse development is scheduled for completion in early 2017."
Read the full article here. Read More »
"East Dallas' popular Henderson Avenue retail and restaurant corridor will soon be getting a condo development.
Builder Larkspur Capital plans to build the residential building near the corner of Capitol Avenue and Henderson.
'Capitol Flats will consist of a 31-unit condominium project on three floors over a below-grade parking garage,'said Larkspur partner Carl Anderson. The units will average 1,700 square feet and will all be flats."
Read the full story here. Read More »
"Larkspur Capital Partners plans to build 54 new town houses and more than 30 new apartments on a two-block stretch of empty space in Old East Dallas.
The Dallas-based town home builder has already built five projects in the Old East Dallas neighborhood, and its latest is due to open next summer. Given the city’s rising rents, Chris and Carl Anderson, the founders of Larkspur, are working to meet the city’s high demand for housing. So far, they’ve built 100 city town home units, with 200 more in progress.The townhomes at Larkspur’s latest project will be between 2,000 and 2,400 square-feet, and their completion is expected by early 2018."
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"A three-story development oftownhomes and apartments is planned forone of the largest pieces of undeveloped Old East Dallas.
Larkspur Capitalplans to build 54 townhomes and 32 spaciousapartments on 3.6 acres onLive Oak at Collett. According to Larkspur, which has about ninemultifamily projects workingin Dallas right now, this would be the largest townhome project in our neighborhood."
Read the full story here. Read More »
"A two-block stretch in East Dallas that's been emptyfor almost a decade will soon be one of the neighborhood's largest new home communities.Builder Larkspur Capital Partners plans to turn the empty lots at Live Oak Avenue and Bennett Street into a complex of 54 townhouses and more than 30 apartments."
Read the full story here. Read More »
"At least threefor-sale townhomeprojects are underway near the Bishop Arts District, and some of thehomesareexpected to sell foraround half a million dollars."Read the full article here. Read More »
Larkspur Capital Partners unveiled plans for a new development in East Dallas. The Quarter will be comprised of 18 townhouses along Fitzhugh Avenue, Larkspur Capital co-founder Carl Anderson (shown here on the left with his brother Chris)tells Bisnow.
Read the full article here.
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Take a drive down Fitzhugh Avenue in Dallas’ Knox-Henderson neighborhood, and you’re bound to notice new townhome development The Ivy. And if you want to imagine what life might be like living there, then check out the furnished4925 Flitwick Ct.
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Dallas-based developerLarkspur Capital Partnersrecently unveiled plans for what is now one of East Dallas’ most anticipated residential developments of 2016 –The Quarter. Located on a premier corner along the Fitzhugh Avenue corridor, the complex will be comprised of 18 attached townhouse units and is designed to reflect the rapid revitalization taking place in its surrounding area. The townhouses, which start at $350,000, will be available for presale beginning in early June 2016.
Read the full article here.
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When Dallas Millennials are looking for their next move AFTER life in Uptown, usually their first post-college pad, they are increasingly looking toward the thriving corridor of Knox-Henderson east of North Central Expressway.
The Cancun lifestyle is great, but gets old come 25. And there is activewear everywhere now on East Henderson.
This stretch of Fitzhugh between Central and Ross is where Carl and Chris Anderson ofLarkspur Capital Partnersare seeking city approval to re-zone for a first of it’s kind condo flats project they believe will fit the bill perfectly for young buyers. The project is at 5209 Capitol Avenue, directly behind the Capitol Pub on Henderson. The name: Capitol Flats.
Read the full post here. Read More »
Carl and Chris Anderson have perspective. Raised in Oklahoma and schooled at SMU and USC, these brothers knew early on that their finance and real estate development backgrounds would set the stage for a flourishing partnership in Dallas.
Read the full post here. Read More »
Modern Dallas recently featuredLarkspur's projects currently under construction in East Dallas on its moderndallas.tv webisode series.
Watch the full webisode here. Read More »
Larkspur is excited to announce Capitol Flats, a 31-unit project consisting of residential condominium flats, located in the thriving Knox-Henderson corridor of East Dallas. Pre-sales are anticipated to start early 2017, and construction will begin summer 2017. Read More »
Larkspur recently announced its latest project in the Bishop Arts District, The Row on Elsbeth. The masonry, walk-up townhouses have been carefully designed to allow residents easy access to local retail shops and restaurants and to reflect the warehouse presence and industrial history of the neighborhood. Construction began Summer 2016 and units are slated for completion in Fall 2017. Pre-sales will begin in Fall 2016. Read More »
The Quarter is a contemporary 18-unit townhouse project located at 2280 N. Fitzhugh Avenue, between Capitol Avenue and Fuqua Street. Slated to deliver early 2017, the development offers meticulously designed luxury units constructed from the highest quality materials at an achievable price point for entry-level buyers. Standout features include quartz kitchen and bath countertops, Mirabelle plumbing fixtures and balconies off of each kitchen with gas grill lines. In addition to projecting bay windows, architectural steel and oak wood floors, residents will enjoy private, gated front yards and pedestrian entrances along Fitzhugh Avenue.
Contact Nadine Meyer at (214) 235-6661 or Nadine@daveperrymiller.com for pre-sale information. Read More »
Burleson's boom is not only in the residential sector.From Old Town, to the Interstate 35W corridor, to the John Jones area and places in between, Burleson experienced significant business growth during 2015, stabilizing a strong commercial tax base.
The first significant development was the February completion and grand opening of Family Toyota in a 53,565-square-foot, multimillion dollar dealership.
Later in February, Orr & Associates Real Estate, a 40-plus-year-old Burleson real estate firm, moved from Texas 174 to space in the NorthStar Bank building near City Hall.
“We are excited to be moving to Old Town Burleson,” said Rob Orr, who has operated the firm with his wife, Pam, since 1987. “As a long time real estate broker, Orr & Associates Real Estate is proud to bring our company to the center of our growing community."
On the heels of the opening of Dunkin' Donuts and Baskin-Robbins came Schlotzsky's, co-branded with a Cinnabon bakery, at 705 S.W. Wilshire Boulevard.
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One of the first architecturally significant townhouse developmentsto break ground in the booming Henderson Avenue area, The Ivy is an upscale gated community with 34 modern townhouses located on Fitzhugh Avenue just east of Capitol. There are two and three bedroom floor plans from 1,485-1,910 square feet, each with two car attached garages, private yards, large balconies and vaulted ceilings up to sixteen feet. The architecture, open unique floor plans and superior interior finishes set these homes apart.
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Larkspur has closed on the sale of an East Dallas land assemblage generally bound by Fitzhugh Avenue, Monarch Street, Chambers Street, and Garrett Avenue to TrammellCrow Residential. Larkspur owned approximately half of the 4.5 acre assemblageand brokered the other half, which all together consisted of six seller partnerships and individuals.
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The Bennett Avenue Townhouses, located at 4956 Fuqua Street in East Dallas,featuredesign-conscious interiors that focus on quality, comfort, and sustainability. Interiors include custom cabinetry, Caesarstone quarts kitchen and bath countertops, porcelain tile frameless glass showers, Bosch appliances, oak wood floors, and rooftop decks with gas grill line and TV/data pre-wire. Energy efficient foam insulation, windows, plumbing fixtures, and lighting fixtures are used throughout the development. The highest level possible of green space is incorporated through the use of rooftop decks, private backyards, and enhancedsite landscaping.
For more information, please visit the sales website. Read More »
Larkspur Development had a target audience in mind when its leaders envisionedThe Ivy, its newest townhome community in East Dallas. As a firm that is in touch with the demand created by millennial buyers, they knew there was a growing population who had outgrown their Uptown apartments but were not yet willing to settle into a house.
“We’re going after sophisticated buyers who understand design and quality, want to live in the urban core without the hassle of a house, and prefer to build equity instead of pay rent,” said Larkspur managing partner Carl Anderson.
Several of those people will begin moving into The Ivy this week. At the beginning of the year, eight of the 17 Phase I homes were available; by the beginning of this month, only one remained available.
That sales success is no doubt due to the efforts of Dave Perry-Miller Real Estate’sNadine Meyer. But it also has to do with the high quality of the townhomes produced by Larkspur.
The project was designed byThomas Krähenbühl & Truett Roberts, with materials and amenities that outpace anything one could find in a high-end apartment or comparable townhome.“Each of them feels like a home,” Meyer said. “They feel permanent, as opposed to some place you’re going to stay for a year or two.”
Two- and three-bedroom floor plans are available with 1,676 square feet to 1,867 square feet. All of the townhouses boast two-car attached garages, private yards, large balconies with gas hookups, and vaulted ceilings up to 16 feet. Prices range from $354,900 to $386,900.
“You can’t find the kind of finish-out we’re offering at that price point anywhere else in East Dallas,” said Larkspur managing partner Chris Anderson.
Larkspur recently broke ground for Phase II of The Ivy, and land was just acquired for an adjacent third project. All three developments are along Fitzhugh Avenue, a burgeoning thoroughfare that is becoming a hotbed of activity.DaLat, a restaurant that serves “Vietnamerican comfort food,” has received rave reviews, and its success has resulted in the owner openingZaLat Pizzajust a few doors down. Meanwhile, a CVS Pharmacy will soon start construction just steps from The Ivy, adding to the convenience of the townhomes’ location.Prospective buyers can tour The Ivy from 2 to 4 p.m. on Sunday. For more information, contact Nadine Meyer at 214-235-6661 ornadine@daveperrymiller.com.
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The Ivy, a new upscale gated community off of Fitzhugh Avenue in East Dallas, is being marketed byThe Meyer Groupin Dave Perry-Miller Real Estate’s InTown office. The architecture, unique floor plans, and superior interior finishes set these 34 contemporary townhomes apart.
The transformation of Fitzhugh is underway, following the revitalization of Henderson Avenue just a few blocks to the north. These units are sure to be snapped up soon, as will neighboring properties, so you’ll want to get in on the ground floor — literally and figuratively.
Two- and three-bedroom floor plans are available with 1,676 square feet of space or 1,867 square feet. The larger units are listed for $374,900, while the slightly smaller ones are listed for $354,900. All of the townhouses boast two-car attached garages, private yards, large balconies with gas hookups, and vaulted ceilings up to 16 feet.
In Floor Plan 1, the ground floor has a bedroom suite next to the garage; the second floor features a living room, dining room, kitchen, powder room and balcony; and the third floor includes the master suite, a third bedroom connected to the master bath, plus a utility closet. Floor Plan 2 has everything the previous plan does, except the third bedroom on the third floor is replaced by a study.
Floor Plan 3 puts the study and the utility closet on the first floor with the garage, creating space for a second bedroom suite on the third floor in addition to the master suite. Floor Plan 4 eliminates the study and moves the utility closet back to the third floor with the two bedroom suites.
The kitchens feature Caesarstone counters, and the bathrooms are finished in Carrara marble. All of the hardwood floors were custom stained, and the cabinets were custom built. Each home is green-build certified, using high-efficiency energy and water plus Milgard windows. Fixtures are by Kohler and Mirabelle.
To learn more about The Ivy, contact Nadine Meyer at 214-235-6661 ornadine@daveperrymiller.com.
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The newest member of the Burleson Area Chamber of Commerce, Wilshire Gardens, hosted a groundbreaking to officially welcome the development of a new retail strip mall set to be finished in January.
“People say ‘another strip mall’ but since I’ve lived in Burleson it has always been an overgrown lot with temporary office building so I’m excited for this new development for the city,” Chamber President Sherri Sechrist said Thursday.
Developed by Larkspur Capital Partners, LLC, out of Dallas, the space will include two retail buildings housing five to seven different restaurants and retail businesses, with a pad site for an additional 6,895-square-foot retail building under contract of sale.
When Wilshire Gardens is complete, the project will total 20,432 square feet.
The development will also include an extension of Southwest Johnson Avenue from Gardens that will provide a direct connection to Wilshire Boulevard and the shopping center.
Several businesses have already committed to open their doors in the new development like Schlotzsky’s, Cinnabon, Baskin Robbins and Dunkin’ Donuts.
Larkspur Managing Partner Carl Anderson said now that Wilshire Gardens has broken ground they’ve received a lot of interest from retailers.
“We’re really excited about the project and working with the city,” Anderson said before the ceremony. “We still have a few available spaces left and we’re talking to a few prospects.”
The firm’s leasing agent Mason Bishop said because the project is located next to an intersection that Wilshire Gardens will drive lots of interest from businesses and the public.
Mayor Pro Tem Dan McClendon said the event is important to the city and one of those rare projects that come through city council where everyone is excited.
“The Wilshire project is one of those projects that comes through our city council and projects that come through city council get various responses,” he said during the ceremony. “They get a ‘fine’ sometimes and get sent back and this and that ... but there are two words that I associate with this project since the first time I saw it, and those two words are, ‘Oh yeah.’
“The plan that they have, the site, what they intend to use for this property that’s laid here for so long ... I say, ‘Oh yeah.’”
State Rep. Rob Orr, R-Burleson, said being a part of the community he can’t wait for this “fun” project to finally open.
“What a great development this is going to be and how excited Burleson is to have this development ... I mean this is where the fun is going to happen. Baskin Robbins, Cinnabon and all the fun things are gonna happen and with the Dunkin’ Donuts you know it’s going to be a safe place, right?” he said while the attendees laughed. “This is going to be a place to be.”
Economic Development Director Justin Bond said that over the last year Burleson has seen a lot of success from the industrial front.
“You go down High Point Business Park and Bethesda and [Farm-to-Market Road] 917 on [Interstate] 35 you can see all the development happening there. But I think it might not matter how many jobs if people can’t say, ‘I can go through the drive thru and say, ‘I’d like an Original Sandwich with extra olives,’” Bond joked, referring to the Schlotzsky’s development. “I’m glad we’re doing a groundbreaking like this along Wilshire. This is an important corridor for us as a city.”
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Developed byLarkspur Capital Partners, LLC, the development will include two unique retail buildings housing 5-7 different restaurant and retail businesses, with a pad site for anadditional 6,895 SF retail building under contract of sale. When Wilshire Gardens is complete in January, 2015, the project will total 20,432 SF with Schlotzsky’s/Cinnabon and Dunkin’ Donuts/Baskin Robbins concepts already committed to open their doors! The development will also include an approximate 350’ extension of SW Johnson Avenue from Gardens, providing a direct connection to Wilshire Boulevard – a welcome change to that busy intersection.
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Burleson residents will soon have a new place to satisfy that sweet tooth with the attraction of Baskin-Robbins to the Wilshire Gardens development.
The ice cream store will be in the same location as Dunkin' Donuts, next to Schlotzsky's Deli, Burleson Economic Development Manager Justin Bond said.
"Dunkin' Donuts and Baskin-Robbins actually go together in a combo shop," he said. "It's their new model."
The Wilshire Gardens development, approved earlier this year, is going in at the corner of Gardens Boulevard and Texas 174. The 18,000-square-foot space has room for several fast casual restaurants as well as retail or neighborhood services, such as a salon.
Bond said stores that could go into the development would be similar in size to those at Gateway Station.
"They have room for another restaurant as far as parking goes," he added. "It won't fill up entirely with restaurants. There are about 8,000 feet of space remaining for a lease."
Bond said the developer also plans to extend Johnson Avenue to the west to Texas 174 which will make it easier for patrons to enter and exit the parking lot.
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