Developers take more than a passing interest in tollway real estate
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The Dallas North Tollway, seen from the top of the newly renovated Westin Galleria hotel, brings more than a passing interest to the corridor. Office projects and an apartment complex are among the latest additions.
When the Westin Galleria opened in 1981, its location on the Dallas North Tollway was considered far north.
"Now we are centrally located for a large market area," said John Everett, general manager of the hotel, which just completed a multimillion-dollar renovation.
"All the public space – all 21 stories – were taken down to the concrete, redesigned and refinished," Everett said.
The just-completed $60 million Westin redo is one of a string of new projects along the Dallas North Tollway – a real estate market that has matured over the last decade.
Since the late 1970s, the stretch of the tollway between LBJ Freeway and Plano has been one of the region's hottest real estate markets.
"It's amazing what the toll road has meant for Dallas' north expansion," said Greg Biggs, executive director of real estate service firm Cushman & Wakefield of Texas.
"And it's hard to beat having your sign along the tollway if you are a corporation."
Pattaya City Time
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