121 Corridor Development Heats Up
August 28, 2018

121 Corridor Development Heats Up

Eighteen years ago David Craig began developing Craig Ranch, a 2,200-acre master-planned community in McKinney.

He had his skeptics, many of them in the commercial real estate sector. McKinney is about 32 miles from Dallas' central business district and at the time had fewer than 56,000 residents.

Today, McKinney has 180,000 residents, and Craig Ranch is approaching $2B in ad valorem value with nearly 20,000 residents and 4,000 employees. Those numbers will rise considerably, Craig said, and nearby cities such as Allen, Frisco and The Colony are…

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Will All 30 Hotel Brands Survive Marriott's Post-Merger Positioning?

Corporations may be in a bigger-is-better era of mergers and acquisitions, but for the world's largest hotel company, that also means figuring out how to create distinct personalities for each brand in its ballooned post-merger portfolio. 

Marriott International now owns 30 different hotel flags following its $13.6B merger with Starwood Hotels & Resorts. While experts like Mario Natarelli, a managing partner at brand intimacy agency MBLM, argue the hotel company is at risk of brand overlap, other hospitality…

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Hall Group(7.3.18 Hall Park 2) 13641 DFW
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A Greater Social Purpose: Opportunity Zones Are Not Just For Tax Benefits But To Uplift Low-Income Neighborhoods

As real estate investors nationwide continue to dig into the Opportunity Zone program and how it could benefit their firms, University of Southern California professor Gary Painter wants to remind them of the bigger picture.

Opportunity zones create a chance to transform and uplift low-income neighborhoods, said Painter, who serves as the director of the USC Sol Price Center for Social Innovation, which examines ways to improve quality of life in low-income areas.

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Survey Says: These Amenities Could Help Home-Sharing Companies Take On Traditional Hotels

In the long-standing battle between hotels and Airbnb, traditional hotels have had a leg up on their short-term rental competitors due to the services and amenities they offer travelers. But a survey conducted by Airbnb suggests that could change. The home-sharing giant released the results of a consumer…

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Bisnow (Retail South 9.11) 14395 HOU DFW
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Beyond The Bio: 16 Questions With HAP Investments Co-Founder And CEO Eran Polack

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.

HAP Investments co-founder and CEO Eran Polack is no stranger to risk.

The 45-year-old developer, having founded HAP Investments alongside partners Amid Hasid and Nir Amsel in 1998, specializes in identifying emerging markets in which to invest, develop and manage residential and multifamily projects across the globe. The company is credited for being one of the first developers to identify East Harlem as an up-and-coming neighborhood fit for urban revitalization.

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