According to Steve Brown in the Dallas Morning News, a large rental apartment community is planned for a site Masterplan previously consulted on near Love Field.
Masterplan CEO Dallas Cothrum obtained a Planned Development District change of zoning for what was once called Sherwood Forest. The original client, ZOM, failed to close on the project.
“I’m glad to see someone using the zoning we obtained,” Cothrum said. “Looking back on it, this project failing turned out to be a harbinger of the Great Recession. At the time, I just thought it was a real estate setback, but it turned out to be much more.”
The end of the Wright Amendment in late 2014 opened up Love Field, and business in the area has subsequently been booming again! We’ll be interested to see what other projects get resurrected…