Texas

DALLAS — Beck Ventures has begun demolitions of the Valley View Mall at the future site of Dallas Midtown, a $4 billion mixed-use project in Dallas that will encompass more than 400 acres. The development site will be located near the intersection of Preston Road and Interstate 635 in the city’s Galleria neighborhood. Phase I of construction will cost approximately $500 million and deliver 500,000 square feet of office space, 400,000 square feet of retail space, more than 1,000 apartments and an 18-story hotel, according to D Magazine. Completion of Phase I is scheduled for late 2019.

AUSTIN, TEXAS — Capital Metro and a partnership between Endeavor Real Estate Group and Columbus Realty Partners have broken ground on Plaza Saltillo District, an 11-acre, transit-oriented development near downtown Austin. The project will transform an abandoned site into a mixed-use community that will feature roughly 800 apartment units, 140,000 square feet of office space, 110,000 square feet of retail space and 1.4 acres of open public space. Multiple public transportation systems will serve the property. A time frame for delivery has not yet been established.