CTBUH Global News
Jun19

Written by:host
6/19/2009 11:42 AM 

Economy scuttles plans for billion-dollar complex near Galleria in Dallas  

June 17, Dallas

A prominent LBJ Freeway property that was planned for high-rise development is now posted for foreclosure.  The 15-acre tract next to the Galleria previously housed an automobile dealership.  Last year, developers announced plans for a $1 billion complex on the land that was to include office buildings, a hotel, condominiums and a shopping center. But the development was delayed because of the recession and building slowdown...more

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