DBJ: Developer may build apartments, retail near planned $5B hospital in Medical District

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.

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