Posted March 22, 2012 by Rogers Healy
Many investors have heard that land appreciates while buildings depreciate. The theory is that you should buy investment properties with a high land component such as houses. This can be misleading advice.
- affordable renting,
- commercial real estate development,
- dallas real estate,
- Dallas residential developments,
- downtown Fort Worth development,
- home investment,
- Katy Trail Development,
- land value,
- real estate investment,
- real estate market,
- rental investment,
- Uptown Develpment
It looks like another development proposal has been submitted to the City to develop near Katy Trail, which is no surprise. Alamo Manhattan Carlisle LLC is wanting to replace a Carlisle Street office complex with a 9 story apartment project adjacent to the Katy Trail. The property is already zoned for high rise construction while the complex is to have 200 apartments and 2 courtyards facing Katy Trail. In addition, StreetLights Residential plans to build a 16 story tower with 300 units!
- Katy Trail Development