Two Dallas real estate firms are teaming up on a $650 million plan to transform one of Preston Hollow’s busiest corners into a dense, walkable mixed-use hub. Burk Interests and Greenway Investment Company are seeking a zoning change to redevelop 7 acres at the southwest corner of Preston Road and Royal Lane into a project with twin high-rises, offices and restaurants, the Dallas Morning News reported. The proposal, across the street from Central Market, at 5924 Royal Lane, calls for a 325-foot, 28-story tower with a hotel and condos; a 275-foot, 24-story apartment building; and two office structures. The site’s […]
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