A lone star is reborn. (renovation of Dallas West Shopping Center): An article from: Journal of Property Management
Book Details
Author(s)John F. Waters
PublisherInstitute of Real Estate Management
ISBN / ASINB00097JYH4
ISBN-13978B00097JYH8
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from Journal of Property Management, published by Institute of Real Estate Management on January 1, 1997. The length of the article is 1279 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: The Dallas Housing Authority (DHA) spearheaded the renovation of the dilapidated Dallas West Shopping Center as part of its efforts to revitalize the city's west side. The shopping center was built in 1959 and was successful until the 1980s when the neighborhood started to deteriorate due to an economic downturn, new federal immigration policies and the demotion of thousands of public housing units. The building was severely neglected, with a leaky roof, poor lighting and a parking lot riddled with pot holes. Tenants began moving out, thus forcing shoppers to travel to farther shopping centers. In 1992, the DHA teamed up with the Southern Dallas Development Corp. and the Texas Commerce Bank to buy and renovate the shopping center. The project included extensive repairs, new lighting and concrete paving for the parking lot. Occupancy shot up from 47% to 97% while annual base rentals rose from $400,000 to $640,000.
Citation Details
Title: A lone star is reborn. (renovation of Dallas West Shopping Center)
Author: John F. Waters
Publication:Journal of Property Management (Refereed)
Date: January 1, 1997
Publisher: Institute of Real Estate Management
Volume: v62 Issue: n1 Page: p38(3)
Distributed by Thomson Gale
From the supplier: The Dallas Housing Authority (DHA) spearheaded the renovation of the dilapidated Dallas West Shopping Center as part of its efforts to revitalize the city's west side. The shopping center was built in 1959 and was successful until the 1980s when the neighborhood started to deteriorate due to an economic downturn, new federal immigration policies and the demotion of thousands of public housing units. The building was severely neglected, with a leaky roof, poor lighting and a parking lot riddled with pot holes. Tenants began moving out, thus forcing shoppers to travel to farther shopping centers. In 1992, the DHA teamed up with the Southern Dallas Development Corp. and the Texas Commerce Bank to buy and renovate the shopping center. The project included extensive repairs, new lighting and concrete paving for the parking lot. Occupancy shot up from 47% to 97% while annual base rentals rose from $400,000 to $640,000.
Citation Details
Title: A lone star is reborn. (renovation of Dallas West Shopping Center)
Author: John F. Waters
Publication:Journal of Property Management (Refereed)
Date: January 1, 1997
Publisher: Institute of Real Estate Management
Volume: v62 Issue: n1 Page: p38(3)
Distributed by Thomson Gale
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