HomeMy WebLinkAbout2020-06-23 Euless ArticlesEuless shopping center sold
ByFWBP Staff June 12, 2020
Marcus & Millichap (NYSE: MMI) announced the sale of Post Oak Shopping Center, a 20,620-square foot retail property located in Euless on June 12. Philip Levy, investment specialist in Marcus & Millichap’s Dallas office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured and represented by Levy. Post Oak Shopping Center is located at 13912 Trinity Blvd. Constructed in 1968, the building is situated on a 2.3-acres with ample paved parking.
Perfect your swing at the top 8 golf courses in
Dallas-Fort Worth
By CultureMap Create
Jun 12, 2020, 1:57 pm
There's no guarantee that Rowdy won't join your game at Cowboys Golf Club. Photo courtesy of Cowboys Golf Club The City of Dallas reopened its golf courses on May 1, giving those who felt cooped up by the COVID-19 quarantine an outlet to safely work on their swing. After all, fresh air plus the inherently distant nature of golf make it one of the more low-risk athletic options during a pandemic. It's also great timing for Father's Day, as many dads hold an affinity for the sport. If loading up the clubs and hitting the green is on your to-do list, here's a quick run-down of DFW's public courses.
Cowboys Golf Club Grapevine If you're a die-hard fan of both the 'Boys and the links, here's where your passions combine. The par-72, 6,553-yard course is as swanky as you'd expect from Jerry Jones, with years of Cowboys history scattered throughout. Of course, with all this top-of-the-line design comes a rather hefty price tag for the green fees, but you do definitely get your money's worth. Meadowbrook Golf Course Fort Worth The 18-hole regulation facility is considered one of the top in Texas, with a par 71 that covers the most rolling terrain in the city. It's also a popular course, with a golf association of more than 200 members who play regularly. Pecan Valley Fort Worth Originally designed by golf course architect Ralph Plummer in 1963, Pecan Valley is actually two 18-hole golf courses separated by the Clear Fork of the Trinity River. The "River" course is considered one of the top municipal courses in Texas, while the "Hills" course is approximately 150 yards shorter. Several hundred trees were semi-recently planted and are just beginning to mature, which only bodes well for playing conditions in the years to come. Stevens Park Golf Course Oak Cliff All 18 holes of this par-70 course were completely redesigned in 2011, including new tee boxes, fairways, greens, and bunkers. Even the carts boast newly installed TekGPS units that track yardages to the front, middle, and back of the green (and help keep play moving). Appreciate mature oaks, dramatic elevation changes, and great views of downtown Dallas while you traverse
the course, which is also affectionately known as "Little Augusta."
Texas Star Golf Course Euless The accolades come rolling in for this course, which has been recognized for its beauty and serene atmosphere by Golf Digest and Golf Weekly, among others. Unlike most public courses, which back up to private homes or run along busy streets, this par-71, 6,529-yard course is truly secluded, surrounded only by ponds, waterfalls, woodlands, and fairways. Reasonable green fees are a bonus, with residents of Euless receiving a 15 percent discount with proof of residence. Tierra Verde Golf Club Arlington As the first municipal course in the world to be certified as an Audubon Signature Sanctuary, Tierra Verde offers breathtaking natural scenery to go along with its challenging holes. The par-72 6,085-yard layout boasts some of the most uniquely designed holes in DFW, and was named the top course in DFW in 2012 by Avid Golfer.
The Tribute Golf Club The Colony Not had the chance to play Hogan's Alley at Carnoustie, Nos. 1 and 18 from St. Andrews, or the fifth from Royal Troon? Then you can experience the next best thing here in Texas, without having to fly across the pond. This par-72, 7,000-yard course is brilliantly designed while replicating the best links-style courses from the United Kingdom. Waterchase Golf Club Fort Worth Like its name implies, Waterchase does indeed boast a cascading waterfall, found between the ninth and eighteenth greens. From tree-lined doglegs to split fairways, the risk and reward opportunities are abundant for the six sets of tees on the par-72 course. The club even received a nomination to Golf Digest's best new courses and promises to be "a round you'll remember."
New homes built in Euless Founder’s Parc
highlight development in the area
BY BRYAN MENA JUNE 15, 2020 03:33 PM EULESS
The residential project at Founder’s Parc in Euless will have three-story, single-family homes. COURTESY A new residential project by a major developer is gracing Founder’s Parc in Euless, as other economic developments like urban lofts and restaurants are in the works for this mixed-use space in Northeast Tarrant County. Taylor Morrison, one of the largest homebuilding companies in the country, recently announced the availability of three-story, single-family homes through the acquisition of 112 lots in Founder’s Parc.
The homes range in size from two- to four-bedroom homes, and from 2,024 to 2,882 square feet.
They are priced in the $260,000s. “Founder’s Parc is a great location for homebuyers who want a
walkable urban lifestyle while still enjoying suburban amenities such as a planned amenity center
with pool and clubhouse, open space along the canals and a 12-acre lake,” said Keith Hurand,
Dallas Division President for Taylor Morrison and Darling Homes, in an email to the Fort Worth
Star-Telegram.
Hurand said that the residential area will have “excellent” access to major freeways. “This area is going through a revitalization and is attractive to both millennials and empty nesters. Euless is
one of our most affordable markets in DFW and its location, about halfway between Dallas and
Fort Worth, makes it ideal for home buyers who work in those cities but want an easy commute.”
Formerly known as Midtown Euless, this 60-acre development project south of Airport Freeway
was brought forward by the development company Centurion American almost a decade ago and the project was eligible for about $12 million in tax increment financing to make it suitable for development. Part of making this area suitable for development was demolishing run-down apartment complexes and solving floodplain issues, the Star-Telegram previously reported. After investing millions to get this area’s infrastructure up to par, Founder’s Parc is soon going to offer three different housing types that will allow for multiple price points, according to Stephen Cook, senior planning manager with the City of Euless. Cook said that aside from the Taylor Morrison housing project, Founder’s Parc is also expecting the development of about 380 urban lofts and a 14,000-square-foot space that will house four different styles of restaurant brands affiliated with Centurion American. Founder’s Parc is also expecting buildings to be leased for retail use and a new standalone sports-themed restaurant south of Villa Drive, Cook said.
“Founder’s Parc is a brand new high-quality construction that is at multiple different price points.
It’s highly walkable with lots of open space with natural trees,” Cook said. “It has quick and easy
access to highways and to Dallas-Fort Worth Airport and it’s located in the HEB School District,
one of the top school districts in the state.”
Hurand told the Star-Telegram that cleaning protocols and social distancing practices are in place
when showing potential buyers any of the Taylor Morrison homes. He also says that the
homebuilding company is offering “curbside” or “drive-thru” closings nationwide. Founder’s Parc
has significantly developed since Shadow Creek, Concord House and Concord Terrace stood as
rundown apartment complexes decades ago and Centurion American and the City of Euless
decided to refurbish this spot in Northeast Tarrant County. “Founder’s Parc is now just an attractive centrally-located mixed-use development with a combination of commercial and residential that you can access by walking and not having to get in your car,” Collins said.
24 Hour Fitness files for bankruptcy, closes 134
locations
The CEO of 24 Hour Fitness said the devastating effects of COVID-19 has forced the company to file for Chapter 11 bankruptcy.
Author: TEGNA Published: 10:09 AM CDT June 15, 2020 Updated: 10:10 AM CDT June 15, 2020
The nationwide gym chain 24 Hour Fitness has filed for bankruptcy and plans on closing 134
locations in 14 states. Filing for Chapter 11 bankruptcy will allow the company to secure about $250 million in debtor-in-possession financing, subject to court approval, according to its announcement on Monday. The company said that these funds, plus 24 Hour Fitness's cash from operations, will allow the company to continue to reopen clubs nationwide in accordance with local and public health agency guidelines. “If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," CEO Tony Ueber said in a statement. "With that said, we intend to use the process to strengthen the future of 24 Hour Fitness for our team and club members, as well as our stakeholders.” Ueber said the company plans on restructuring to ensure a "resilient future." The announcement comes just one month after Gold's Gym, another major workout chain, announced it would also be filing for bankruptcy because of coronavirus. Nearly a third of
the 134 gyms that are closing are located in California. Behind California's 42 closures, Texas has the second-most with 26 and Colorado has the third-most with 13 gym closures. "As a result of this restructuring, we will gain financial strength and flexibility to accelerate our business transformation plan, which includes reinvestment in our existing clubs, opening new clubs and introducing several new innovative products and services that will enhance the fitness experience for our club members and guests for many years to come,” Ueber said.
Gyms have been one of the hardest hit industries since the coronavirus began to spread in the U.S. According to CNBC, 24 Hour Fitness announced back on March 16 it was closing all clubs for "an extended period of time" due to the coronavirus. How many 24 Hour Fitness locations are closing by state: California: 42 Sacramento Benjamin Holt Sport Manteca Carmichael Active San Diego Murrieta Temecula Sport Downtown Chula Vista Active La Jolla West San Marcos Vista Sport
Colorado: 13 Denver Greeley Super Sport Aurora Aurora City Place Super Sport Belmar Sport Broomfield Colorado-Yale Englewood Sport Fort Collins North Super Sport Highlands Ranch Littleton Belleview Sport Meridian Southglenn Super Sport Florida: 7 Hawaii: 1 Illinois: 2 Maryland: 2 Annapolis Riva Rd. Super Sport Glenarden Super Sport New Jersey: 7 Nevada: 9
New York: 10
Oregon: 1 Beaverton Texas: 26 Austin Lake Creek Parmer Sport Round Rock Dallas Cedar Hill Bedford Super Sport Carrollton Woodlake SS Coit
Frisco Sport Irving (Metroplex Plaza) Keller Super Sport Lewisville Mockingbird North Richland Hills Sport Plano Super Sport Houston Atascocita Bingle Friendswood Fry Road & Saums Road Highway 249 (Compaq) Houston FM 1960 Katy League City Pasadena East Richmond Spring-Cypress West Woodlands Utah: 4 Virginia: 1 Tysons Corner Super Sport Washington: 9 Vancouver Andersen
Seattle Captial Mall
Auburn Ballinger Village Everett 19th Avenue SuperSport Kent Kangley Super Sport Lakewood Mall Puyallup Super Sport Renton Highlands Active