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$0.99 for first 4 weeks Subscribe Now Apartment builder JPI has purchased another development site in Las Colinas' booming Urban Center. JPI bought more than 5 acres on the south side of Northwest Highway along the DART commuter rail line.The vacant tract is east of the Irving Convention Center andnear where Irving is building its new convention hotel and the rail station. The property JPI acquired was one of three tracts marketed by CSE Commercial Real Estate and Holliday Fenoglio Fowler. The tracts are among the last development sites in Las Colinas' high-density Urban Center. JPI has two new apartment developmentson nearby properties. The Jefferson Lake Carolyn Apartments on Riverside Drive have 407 units; the Jefferson Riverside on Northwest Highway has 371 apartments. JPI plans to build 387 more apartments in the Jefferson on Promenade project on the just-purchased Northwest Highway site. It has an option to buy the land next door for 375 more rental units. Last year, JPI was the top apartment builder in North Texas, with over 3,100 units under construction.
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Early cities being mentioned as possible replacements include Edmonton, Melbourne, Perth, Birmingham, Manchester, and Liverpool. The most recent city to be mentioned is Sydney, which has almost all infrastructure still in place from hosting the Summer 2000 Olympics. ANZ Stadium would again be used as the main stadium, which would require an athletics track to be retrofitted. It remains to be seen what impact would have on the planned $1.3B plan to renew the harbour citys stadia, a significant part of which involved permanently configuring ANZ into a rectangular playing surface. **************** We close off the Turnstiles this week with one for the trivia buffs; March 15th marked the 140th anniversary of the first ever cricket test match which was played between Australia and England at the Melbourne Cricket Ground , and won by the Aussies by the margin of 45 runs. That means this date is also the 40th anniversary of the Centenary Test played in 1977 to commemorate the first match. The Centenary Test was memorable for a number of reasons, not least of which was the amazing coincidence of Australian winning by the exact same margin as the first test 45 runs! We also note the tremendous courage of Australian batsman Rick McCosker who famously batted in the second innings with his face covered in bandages after having had his jaw broken by a bouncer in the first innings by English speedster Bob Willis. There were no helmets in those days and fast bowlers deliver the ball at a similar speed to pitchers in baseball.
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