Toyota distribution center lands in Lewisville

ML Realty

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Toyota continues to grow its presence in North Texas – this time with a distribution center.

Toyota Motor Sales USA LLC – the sales, marketing, and distribution arm of the giant international automaker – has leased a new distribution center in Lewisville.

The new 121,188-square-foot building is at 121 Riverview Crossing.

Illinois-based ML Realty Partners developed the building.

"We’re pleased to welcome Toyota to 121 Riverview Crossing and support their business growth within our portfolio," ML Realty vice president Matthew Smith said in a statement. "The property is located within five minutes of the ongoing development occurring at Legacy West and the $5 Billion Mile."

Melissa Holland of commercial property firm JLL negotiated the lease with Dan Spika and Jim Breitenfeld of Henry S. Miller.

Toyota’s new North American headquarters is located in the Legacy West development in Plano, just east of the new distribution site.

Another Toyota subsidiary – Toyota Industries Commercial Finance Inc. – has an office in the Cypress Waters development near LBJ Freeway and Belt Line Road.

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New Yorkers and Californians can’t stop moving to Texas

Of the cities with the greatest population gain from July 1, 2016 to July 1, 2017, San Antonio, Texas, took the prize, adding some 66 people every day.

According to a new U.S. Census Bureau report, of the 15 fastest-growing cities larger than 50,000 people, seven are in Texas including the top three: Frisco, New Braunfels, and Pflugerville. Frisco’s growth rate was 8.2 percent, some 11 times faster than the national rate of 0.7 percent.

Of the cities with the greatest population gain from July 1, 2016 to July 1, 2017, San Antonio, Texas, took the prize, adding some 66 people every day. Texas had the most cities in the top 15 of this category as well with five making the list and three of the top five overall in addition to San Antonio: Dallas, Fort Worth, Frisco, and Austin.

San Antonio now has more than 1.5 million people and ranks as the nation’s seventh-largest city, just behind Philadelphia. Fort Worth, meanwhile, knocked Indianapolis, Ind., out of the top-15 with a population of 874,168. Houston is America’s fourth-largest city and is also the most diverse large city in the nation.

Population growth doesn’t happen in a vacuum. People move for many reasons, among them: work, opportunity, and affordable housing.

And the availability of jobs, a government attitude amenable to small business, and available housing doesn’t happen in a vacuum either. Politicians’ decisions can help or hurt these factors through tax rates, regulation, lawsuit climate, and land use restrictions.

Here it is instructive to note that the census reports that, from April 1, 2010 to July 1, 2017, Texas added the most housing units in the nation, 955,000, while California added 497,000; Florida, 452,000; North Carolina, 295,000; and New York, 219,000. Looking at this from a per capita standpoint makes the housing construction situation clear.

The share of housing units added as a proportion of the state’s 2010 population shows that Texas expanded its housing supply by 10.3 percent for every household during the period, more than double the rate of California (3.9 percent) or New York (3.0 percent). Given that new families are reluctant to form if they’re forced to live in their parent’s house due to lack of affordable homes, it’s easy to see why Texas dominates the list of fastest-growing cities.

Every year, Canada’s Fraser Institute ranks each state’s economic freedom based on the size of government spending, the tax burden, and labor market freedom. Fraser’s latest survey ranks Texas second in the U.S., behind New Hampshire and tied with Florida. Looking at the census bureau’s top 15 fastest-growing cities and comparing it to Fraser’s rankings shows that economic freedom has a large bearing on growth: freedom allows people to thrive.

State Fraser Freedom Rank Top Cities Texas 2 7 Florida 2 2 Tennessee 5 1 Arizona 9 1 Colorado 13 1 Idaho 13 1 Iowa 30 1 Oregon 40 1

Meanwhile, Fraser ranked New York last and California at second from the bottom for economic freedom.

The lack of economic freedom in California compared to Texas is likely why, according to census, from 2012 to 2016, a net of 521,052 Californians left the state. Texas was their most popular destination, with a net of 114,413 Californians moving 1,300 miles east to the Lone Star State.

In the five years through 2016, some 542,432 more Americans moved to Texas than moved out, supporting a growth rate double that of California’s since the 2010 census, 12.6 percent in Texas vs. 6.1 percent in California.

That California has the nation’s highest marginal income tax rate and ranks in the worst five for state and local tax burden while Texas has no income tax and ranks in the best five states for taxation means that Texas should continue to double California’s growth in the years to come.

When people vote with their feet, Texas wins.

Chuck DeVore is vice president of national initiatives with the Texas Public Policy Foundation and served in the California legislature from 2004 to 2010.

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Dallas City Hall wants to set a new course for economic development

Dallas officials hope to turn to a private firm to help them come up with a new comprehensive economic development policy.

City officials recommended awarding a $195,000 contract to consulting firm AngelouEconomics to help them develop their strategies. They got the go-ahead Monday from the City Council’s Economic Development and Housing Committee, and the full council is set to vote on the contract in June.

The plan comes on the heels of a new comprehensive housing policy that was based on a market-value analysis of the city’s neighborhoods. The approach for economic development will be similar, and the policy is meant to help city officials decide what Dallas’ niches can be, which industries to target, where to guide them and how to create a competitive environment.

In a memo to council members, Economic Development and Neighborhood Services chief Raquel Favela said the city’s current strategies are out of date and losing relevance.

"Without a strategic plan, we may miss opportunities to target key industries, improve our small business and workforce programs, leverage successful programs for our competitor cities, and receive guidance on the effectiveness of our overall efforts," she wrote.

Approval of the contract in June would mark the first time the city has used an outside consultant to develop an economic development policy. Austin-based AngelouEconomics, which won a competitive bid, has done myriad economic plans and studies for governments, including cities such as Austin, San Angelo and Cincinnati.

City Hall relied on data analysis by the Philadelphia-based consulting firm Reinvestment Fund to help create the housing policy. Favela said she wanted a similar process to come up with the economic development strategies.

AngelouEconomics will also look at whether the city’s economic development department, as structured, is capable of implementing the policy. The consultant did not immediately respond to a message seeking comment Monday.

The economic development policy is scheduled to take four or five months to come to fruition. It would guide the city’s strategies in the city for five years. Favela wrote in her memo that the policy would build on the housing policy and would take into account previous plans, such as the 2011 GrowSouth plan and the Neighborhood Plus initiative.

Along with the housing policy and a prospective transportation policy, the economic development plan is set to be a significant linchpin for City Manager T.C. Broadnax’s administration, which came to City Hall last year. The policy could also shape how council members use $55.4 million in economic development funds from the 2017 bond package.

The high stakes mean the finished product is likely to be picked apart to some degree by council members. Council members and interest groups had scrums over the housing policy before it passed unanimously.

And the city’s past economic development tactics have had both devotees and dissenters on the council. A $3 million deal in 2016 to bring a Costco store to North Dallas, for instance, came after a lengthy and contentious debate. And some of the city’s investments, such as more than $600,000 pumped into downtown’s now-closed Urban Market grocery store, have come up short.

But on Monday, staring at an empty canvas, council members didn’t put up much of a fight after Economic Development Director Courtney Pogue’s presentation on the process.

Council member Rickey Callahan said the plan is "something that’s long overdue" and "is probably necessary" for the city. Lee Kleinman wanted the North Central Texas Council of Governments involved. Kevin Felder wanted to make sure some Dallas universities were included in the stakeholder talks. And Adam McGough wanted more details on the public input process.

Committee Chairman Tennell Atkins said he will look into the consultant’s work in the past before the June vote.

"I don’t want someone to come in and say, ‘Hey, let’s do an economic development policy,’ and they don’t know the lay of the land," he said.

But Atkins, who represents a large swath of southeastern Dallas, said he knows for now what he wants to see for his area: "We need more help. We need more business. We need more high-paying jobs."

"We’ve been waiting for a long time," Atkins said of southern Dallas. "We’ve got to do something now."

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Get ready for peaches and pop-up vegan treats at North Texas farmers markets

AP

North Texas peach season is slowly, slowly getting under way. And it’s worth waiting for.

"We got the largest crop of peaches we’ve had in 40 years," says Richard Strange, part of the family that runs peach-centric Ham Orchards near Terrell. The store opens mid-May through Aug. 15.

Peaches are still iffy for this weekend, he says, but by next weekend, there should be plenty. Plus, Ham’s has a new, expanded pick-your-own blackberry patch where the berries still need about a week.

Closer to home, Larken Farms Orchard is bringing its first peaches to White Rock Local Market. The pick-your-own operation is still waiting for its plums and apricots to ripen.

At this point, it’s up to the sun. That’s what speeds ripening. Cloudy days slow it down. But once this year’s crop starts rolling in, get your cobbler and ice cream recipes ready.

At White Rock Local Market, shoppers wait in line for the first peaches of the season from Larken Farms Orchard in Waxahachie.

Arepa TX brings frozen bars, including creamy flan with a streak of dulce de leche. The Barefoot Baker had naturally leavened loaves of wood-fired-oven bread. Alpha Omega Acres made its own crusty, natural bread, even as it specializes in pastured pork. And how about those New York bagels at Bakery Joy? Or the hibiscus meringues from the Swedish Sisters?

So many local farmers and gardeners are bringing their field-fresh greens, onions, broccoli, strawberries, herbs, spinach and more, among them We Over Me Farm from Paul Quinn College, Chandler Family Farm (Mabank) and Highway 19 Produce and Berries (Athens).

Best of all, because this market is scrupulous about vetting farms and ranches, you know that you’re buying from the people who grew or made what they’re selling. Or in the case of Larken, from neighbor Jackie Bailey, who’s handling the table. She has a blackberry farm next door in Waxahachie.

White Rock Local Market: 8 a.m. to 1 p.m. Saturdays. Lake Pointe Church, 9150 Garland Road. goodlocalmarket.org.

In addition to its pastured pork, Alpha Omega Acres in Forney brings beautiful rustic loaves to White Rock Local Market.
Pop-Up Vegan Market

While you check out peaches at Larken’s table at White Rock Local Market on Saturday, enjoy the concentration of vegan vendors during the vegan pop-up market.

Among them: 5 Mile Chocolate (single-origin bean-to-bar, made in Oak Cliff), Nature’s Comfort Foods (savory and sweet baked goods), Goat’s Revolt (vegan cheese), Radix Foods (prepared foods including queso and raw desserts) and Down To Earth, a vegan and vegetarian food truck.

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Gotcha Covered Contracting – The Premier Roofing Company in North Richland Hills, TX Offers Free Roof Inspections

(MENAFN Editorial) Every home, shelter, and building relies on an effective roofing system for protection. The roof is the first and foremost component of the house that can protect its inhabitants by shielding them from rains, storms, snow, heat and other natural calamities and the damage that they bring. North Richland Hills, Texas – Every home, shelter, and building relies on an effective roofing system for protection. The roof is the first and foremost component of the house that can protect its inhabitants by shielding them from rains, storms, snow, heat and other natural calamities and the damage that they bring. Choosing a specific type of roof and being able to distinguish its issue for repair, will determine how long it would last and how durable it would be to sustain these natural hazards. Gotcha Covered Contracting in North Richland Hills, Texas offers a wide variety of options including free roof inspections, that can put their customers at ease and will keep them worry-free.

According to the website of Gotcha Covered Contracting in Texas, ‘They can repair just any damage that any of the seasons may bring upon your roof, especially as summer season in Texas are brought about by long dry-spells and storms can bring heavy leaks. Gene Bohannon, among many other satisfied customers, has given them a 5-star rating on Facebook and has left a comment on their page saying, ‘Great folks! They offer great services at an excellent price. We have used them several times and I would recommend them above all others.

Gotcha Covered Contracting has veteran that specialize in residential and commercial roofing, roof repairs and roof inspections, while also providing top quality gutter and siding installation services. They also offer free roof inspections for residential and commercial properties. Through this, spending extra money on estimations would no longer be an addition to the expenses, while their specialists give you a detailed diagnosis and explanation of the problem at hand, and proceed with the necessary repair.

Gotcha Covered Contracting in Texas takes pride in their knowledgeable and qualified individuals, who continuously undergo training to better assist their customers and guarantee quality service. They also take pride in professionalism and the highest standard in roofing. The company offers their services to clients in the Dallas and Fort Worth area.

Gotcha Covered Contracting is located at 8204 Northeast Pkwy suite 124, North Richland Hills, TX 76182. Don’t let a roofing problem get worse.

Contact them via phone at (817) 812-2703, or via form submission on their website, for a free roof inspection and estimate.

Visit their website at https://www.gccroofers.com/ , for more information.

Media Contact
Company Name: Gotcha Covered Contracting
Contact Person: Joe H.
Email: Send Email
Phone: (817) 812-2703
Address:8204 Northeast Pkwy suite 124
City: North Richland Hills
State: Texas
Country: United States
Website: https://www.gccroofers.com/

MENAFN0905201800703268ID1096835597

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TX: Senior Citizens are Guests of Honor at DART Event

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North Texas Property Management, the Leading Property Management Company for Frisco, McKinney and Plano, Announces Blog Reboot

North Texas Property Management is a top property management service for Frisco, McKinney and Plano, Texas. The company is "rebooting" its blog to better serve Dallas-area renters and property owners.

PLANO, Texas, April 30, 2018 (Newswire.com) – North Texas Property Management, a top property management service in the Dallas area, is proud to announce a "reboot" to their corporate blog. Growth in the Northern Dallas suburbs such as Frisco, McKinney, and Plano, has increased the demand by investors for property management services, especially for single-family homes.

"There is a continued migration happening in Texas. Young families who feel priced out of other cities see the value of working and living in the Dallas suburbs,” explained Jason Marascio, CEO of North Texas Property Management. "Our blog ‘reboot’ highlights property management and rental topics that help make sense of property management issues in the bustling cities of North Texas.”

To review a sample, new blog page for North Texas Property Management, please go to http://www.ntxpm.com/2018/03/20/property-management-dallas-wow-big-city. Interested persons can read information concerning rentals and property management in suburban areas including Frisco, McKinney and Plano, Texas. To read the complete blog on North Texas property management issues, visit http://www.ntxpm.com/blog.

A PROPERTY MANAGEMENT TEAM SERVING FRISCO, McKINNEY AND PLANO MAKES THE RIGHT MOVE

Here is the background on this release. Texas cities including Dallas have experienced a population increase in the past few years. Persons new to the North Texas area may not be aware nearby suburbs can provide ample space for a growing family. Learning about property management in North Texas suburbs including Frisco, McKinney and Plano can thus be helpful.

New reports in the past few years have indicated cities in states such as New York and California have become more expensive to live and work in. A home or apartment in cities such as Los Angeles could cost up to half a monthly income. Young couples starting new careers and families searching for more space may have chosen to move to Texas to find relief. If the plan is to set down roots in a suburb of Dallas, it might require contacting a rental team first. A professional property management service can provide information about popular areas such as Frisco, McKinney, and Plano Texas. Indeed, while this is true for renters moving into the area, it is even more true for investors who have snapped up single-family homes in these cities as investments yet are looking for a property management company to handle the hassles of the property vis-a-vis renters.

For this reason, North Texas Property Management has announced a "reboot" to their blog. Interested parties are encouraged to visit it, online, and then reach out to the best property management company in Plano, McKinney, and Frisco for a complimentary quote.

ABOUT NORTH TEXAS PROPERTY MANAGEMENT

North Texas Property Management Company is a top-rated property management company servicing the needs of rental property owners in the North Dallas area of North Texas. The company’s property managers manage residential rental properties in Plano, McKinney, Frisco, Richardson & Allen, as well as other communities in the North Dallas area, for real estate investors and rental property owners who want a property management company that will take the burden off of them of physically and financially caring for, maintaining, and managing their rental homes.

Web. http://www.ntxpm.com

Tel. 214-227-7669

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Albertsons Trades 2 North TX Retail Properties

150 E. Farm to Market Road 544 in Murphy, Texas

Albertsons has sold two of its former grocery stores in North Texas to 356 Development. The properties, totaling 123,737 square feet of retail space, shut their doors last year. Venture Commercial acted on behalf of the seller in the transaction. Previously, 356 Development acquired a different Albertsons property in Frisco, Texas, which it transformed into a church.

“Over the past 12 years, Venture has represented Albertsons in the disposition of its North Texas stores,” said John Zikos, principal & managing partner at Venture, in a prepared statement. “Throughout this time, we have worked to find the right buyers and tenants that will result in providing needed services to the local communities.”

Closed stores, new opportunities

The first building, located at 150 E. Farm to Market Road 544 in Murphy, sits within six miles of U.S. Highway 75 in Plano, enabling accessibility throughout the Dallas area. The structure is part of the Shops at Murphy and is near a wide variety of shopping and dining options, including Walmart, Lowe’s Home Improvement, Chick-fil-A and Domino’s Pizza.

The second asset in the transaction is in the busy Denton Highway retail corridor in Watauga, at 8428 Denton Highway. Part of the Shops of Watauga, the building has remained vacant following Albertsons’ closure in 2017. The property is within 13 miles of downtown Fort Worth and near shopping options such as Target, Dollar Tree and The Home Depot.

John Zikos and Charlotte Cooper were part of the Venture Commercial team that represented the seller in this deal.

Image courtesy of Venture Commercial Real Estate

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Escape the hustle and bustle at homes along North Texas lakes – Dallas Business Journal

With its reputation for frequent droughts and flat, dusty terrain, Texas may not seem like an ideal place to buy a lake home.

But the state sees a strong demand for homes with lakefront access and views, and the Dallas-Fort Worth region is home to three of Texas’ top 10 lakeside housing markets: Cedar Creek and Possum Kingdom lakes, as well as Lake Texoma along the Texas/Oklahoma border.

“North Texas lakes have very good demand that seems to be increasing,” said Stephanie Mueller, a real estate agent for Lake Homes Realty in the Cedar Creek Lake area. “Many agents are saying they had their best year ever.”

Cedar Creek, the state’s sixth most popular lake, along with White Rock Lake, are located on the east side of the Metroplex. Cedar Creek is just over an hour drive southeast of Dallas, while White Rock sits inside the city, bordering Garland.

Homes in those areas and across North Texas tend to be priced between $450,000, just above the most affordable lake homes statewide, and $900,000.

Click through the slideshow below to see properties from Cedar Creek and White Rock lakes priced at, below and above the market average.

Lakefront homes east of Dallas VIEW SLIDESHOW 73 photos

Buyers seeking lake properties in North Texas tend to be a mixture of weekend and full-time residents, though those looking for weekend and holiday retreats tend to be more common, Mueller said.

“There are wealthy buyers, but the majority just make a very nice living,” she added. “Many of the more expensive homes are sold to out of state buyers.”

Lake Homes Realty, which compiled a list of lake homes for the Dallas Business Journal, is preparing for a busy season as buyers begin to look for summertime getaway properties.

“Now is the time to be looking if you want to buy for summer,” said Brian Cauble, Lake Homes Realty’s director of market engagement. “Later in the summer, much of the best inventory for the year has been sold.”

If you’re not eastbound, take a 2-hour drive north and check out retreats in Lake Texoma in the slideshow below.

Homes on Lake Texoma VIEW SLIDESHOW 37 photos

Largest North Texas Residential Real Estate Brokerages

Ranked by Transactions Closed in 2016

Rank Business Transactions Closed in 2016 1 Keller Williams Realty 25,301 2 Ebby Halliday Real Estate Inc. 19,719 3 Coldwell Banker Residential Brokerage, Dallas/Fort Worth 7,652 View This List

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Incredible Time Lapse Video Of Dust Storm Moving Through Texas Town

ODESA, TX (CBSDFW.COM) — The raw power of Mother Nature was put on full display Tuesday as a cold front blew into Odesa, TX bringing with it a massive dust storm.

The front made for dangerous driving conditions and fueled a grass fire in that city that burned 150 acres.

In the video, the sky can be seen changing from a deep blue to a dusty shade of amber.

Cars driving in the distance appear to be moving very fast since the video has been sped up.

Drivers were urged to be cautious and stay out of the path of the storm as visibility dropped.

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