Connect with us

Dallas, TX

The University of Dallas teams up with KDC to transform 67.3 acres of Irving campus

Published

on

The University of Dallas teams up with KDC to transform 67.3 acres of Irving campus


The University of Dallas has turned to a local developer to maximize its campus holdings in Irving.

The Catholic liberal arts university is working with commercial real estate developer KDC, which has a long history of building office campuses in Irving, such as Wells Fargo’s forthcoming regional hub, and across Dallas-Fort Worth.

However, that’s not what is on deck for the more than 67 acres across State Highway 114 from the University of Dallas’ main campus.

Dallas firm Savoy Equity Partners plans affordable development in Cedars neighborhood

Breaking News

Advertisement

Get the latest breaking news from North Texas and beyond.

Instead, the parties propose data center space.

A zoning application submitted to the city of Irving illustrates the University of Dallas and KDC don’t believe zoned uses for the land — office and multifamily — are feasible.

The current office market, especially following habits formed during the pandemic, have limited opportunities for new office development for the foreseeable future, according to the application.

“The recently adopted ‘work-from-home’ lifestyle has rendered most office buildings sparsely occupied and their future uncertain,” the application said. “Given the unachievable zoning demands, the University Property cannot be developed without being re-zoned.”

Advertisement

A data center use is more economically feasible for the university, with the additional considerations of new school district tax revenues, low traffic impact and the addition of high-tech jobs, the application indicated.

The University of Dallas and KDC said that the low-built data center structures would not harm the feel of the adjacent Our Lady of Dallas Cistercian Abbey, which is adjacent to the site. Cistercian Preparatory School is also near the proposed site.

Most of the acreage sits at the northeast corner of State Highway 114 and Braniff Drive, while the remaining 21 acres are on the northwest corner.

The application pitches 770,000 square feet of data center space, showing that this use would generate approximately $8.2 million in property taxes and business personal property taxes annually for Irving.

The University of Dallas has an undergraduate enrollment of 1,500 students and a graduate student enrollment of 1,100.

Advertisement

Part of the rezoning request teases the idea of the tax-exempt institution adding tax-generating uses to its holdings.

The project, set to go before Irving City Council on July 11, is recommended for approval.

Irving has been prioritizing data center space in recent decision-making.

Investment management firm Harrison Street and PowerHouse Data Centers acquired 50 acres in the city west of Dallas near DFW International Airport for a nearly 1 million-square-foot, 200-megawatt data center campus.

Edged Energy is constructing a smaller-scale concept in Irving that will utilize a lower-water capability. Built specifically for artificial intelligence, Edged’s 24-megawatt concept is expected to use 95 million fewer gallons of water annually than its peers.

Advertisement

Data center operator QTS Realty Trust, which first expanded into North Texas about 10 years ago, is also expanding aggressively in the area, adding hundreds of thousands of square feet to its footprint in the coming months.

Dallas firm Savoy Equity Partners plans affordable development in Cedars neighborhood

Savoy Equity Partners plans to build a more than 300-unit mixed-income apartment community and a parking garage in the Cedars neighborhood in Dallas. It will keep a historic power & light building on the property, intending to repurpose it as an amenity center for residents.

First Foundation Bank at 1601 Preston Rd. in Plano, Texas on Wednesday October 26, 2022.
First Foundation bank gets $228 million investment amid troubled real estate market

First Foundation, a Texas-based regional bank with more than half their loans in multifamily residential properties, is getting a $228 million capital infusion, led by Fortress Investment Group. The bank’s stocks fell after the announcement, and the investment reflects a troubled market for real estate amid high interest rates.

Advertisement



Source link

Dallas, TX

Cowboys Team Doctor Played Role in Maxx Crosby-Ravens Trade Debacle

Published

on

Cowboys Team Doctor Played Role in Maxx Crosby-Ravens Trade Debacle


The Dallas Cowboys were initially in the mix for Las Vegas Raiders superstar pass rusher Maxx Crosby ahead of NFL free agency, and were believed to be one of the finalists in trade talks. However, he was ultimately traded to the Baltimore Ravens for two first-round picks.

Now, the NFL world has been turned on its head with the Ravens deciding to pull out of the trade agreement with Las Vegas.

On Tuesday night, NFL insider Adam Schefter was among the experts discussing what went wrong between the Raiders and Ravens, revealing that Cowboys team physician Dr. Daniel Cooper, one of the premier knee specialists, played a role in the Ravens’ evaluation of Crosby.

Advertisement

Schefter discussed how Dr. Cooper was among the doctors who reviewed scans on Crosby’s knee, which ultimately spooked the Ravens and triggered the end of the deal.

Advertisement

Dallas Cowboys team physician Dr. Daniel Cooper on the sidelines before a game against the Baltimore Ravens at AT&T Stadium. | Matthew Emmons-Imagn Images

“The Baltimore Ravens essentially failed him on their physical, and my understanding is there were multiple doctors that reviewed his MRI scans,” Schefter said. “There were doctors that examined him, including Dr. Daniel Cooper, the Dallas Cowboys doctor that performed surgery on Patrick Mahomes and Malik Nabers.

Advertisement

“Many teams and players rely on Dr. Cooper’s expertise, and Dr. Cooper was one of the doctors who reviewed the images where the Ravens then felt compelled to back out of this trade.”

Advertisement

It’s hard not to connect the dots that Dr. Cooper’s involvement in the medical review of Crosby led to the team deciding against re-engaging in trade discussions. Though that could change, currently, the Cowboys are expected to move forward with Pro Bowl EDGE Rashan Gary, who the team agreed to acquire from the Green Bay Packers for a 2027 fourth-round pick on the first day of legal tampering.

It will be interesting to continue monitoring the situation and its fallout, which has left the Raiders in a terrible position.

Advertisement

Las Vegas Raiders defensive end Maxx Crosby on the field before a game against the Denver Broncos at Allegiant Stadium. | Kirby Lee-Imagn Images

Advertisement

But, with the Raiders now forced to re-examine the money they committed to free agents on Wednesday evening, they may have to pull out of one of their own agreements, which could open the door for the Cowboys to reopen their pursuit of a linebacker like Nakobe Dean or Quay Walker.

The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET, so get your popcorn ready, because it’s going to be a wild ride.

Advertisement

Sign up for the Cowboys Daily Digest newsletter for more free coverage from Dallas Cowboys on SI



Source link

Continue Reading

Dallas, TX

Maxx Crosby-Ravens Trade Dead, Opening Perfect Cowboys Opportunity

Published

on

Maxx Crosby-Ravens Trade Dead, Opening Perfect Cowboys Opportunity


Dallas Cowboys Nation’s hopes of landing superstar pass rusher Maxx Crosby were dashed last weekend when it was announced that he was being traded to the Baltimore Ravens. However, less than 24 hours before the new year, the trade has fallen apart.

On Tuesday night, the Las Vegas Raiders announced that the Ravens have backed out of the trade.

“The Baltimore Ravens have backed out of our trade agreement for Maxx Crosby,” the statement read. “We will have no further comment at this time.”

Advertisement

The news sends a major ripple for the league, with the Crosby sweepstakes once again open. Before his trade to the Ravens, the Cowboys were considered one of the teams closely monitoring the situation and a team that made a legitimate offer for Crosby.

Advertisement

Las Vegas Raiders defensive end Maxx Crosby leaves the field following a game against the Denver Broncos at Allegiant Stadium. | Stephen R. Sylvanie-Imagn Images

At this time, there is no word on why the trade between Las Vegas and Baltimore fell through. When the trade was first reported, the Raiders were set to receive a 2026 and 2027 first-round pick from the Ravens.

Advertisement

Now, his future is in limbo. Before he was traded to the Ravens, it was believed that the Cowboys, Chicago Bears, and Los Angeles Rams were the top candidates to land him. In fact, the Cowboys were “considered runner-ups” in the sweepstakes.

Dallas’ Original Trade Offer

Advertisement

Las Vegas Raiders defensive end Maxx Crosby reacts during the second half at SoFi Stadium. | Kiyoshi Mio-Imagn Images

Advertisement

According to ESPN’s Jeremy Fowler, the Cowboys initially offered the No. 12 overall pick in the 2026 draft, a 2027 second-round pick, and an unnamed veteran player.

“Dallas kept a hard line throughout. The franchise wasn’t willing to part with two first-round picks, hoping its 12th pick in April’s draft, plus a future second-rounder, would be enough to entice Las Vegas. Dallas was also willing to package a veteran player to sweeten the deal, but Vegas wasn’t interested in that. The Raiders prioritized picks,” Fowler wrote.

Last season, Crosby recorded 73 total tackles, 28 tackles for a loss, 20 quarterback hits, 10 sacks, two forced fumbles, and an interception.

We’ll have to see if Dallas ends up being his new home, now that the team has a second chance to make something special happen, but there will be some serious competition. The 2026 NFL calendar year officially begins on Wednesday, March 11, at 4:00 p.m. ET.

Advertisement

Sign up for the Cowboys Daily Digest newsletter for more free coverage from Dallas Cowboys on SI



Source link

Continue Reading

Dallas, TX

Dallas weather: Severe storms bring hail and tornado threats | See timing

Published

on

Dallas weather: Severe storms bring hail and tornado threats | See timing


Severe thunderstorms are forecast to return to North Texas late Tuesday, bringing threats of damaging hail, high winds and localized flooding. While the primary concerns are wind and hail, a few tornadoes cannot be ruled out.

Tuesday Forecast

Scattered showers and storms are expected to develop as a dryline to the west moves into the region. Storm conditions are expected to intensify as the day progresses.

The greatest concerns remain damaging winds and large hail. The leading edge of the storm front will likely be the most intense, with the potential for straight-line winds and brief spin-up tornadoes.

Advertisement

LIVE Radar: Dallas-Fort Worth

Dallas Storms: Timing and Impact

The highest potential for severe weather in the Metroplex is from 2 p.m. to 6 p.m., though lingering activity could continue until 2 a.m. Wednesday. Residents are advised to seek shelter immediately if a warning is issued for their area.

7-Day Forecast

Advertisement

A final round of storms is expected Wednesday, primarily between noon and 7 p.m., according to the National Weather Service. These storms carry a threat of half-dollar-sized hail and damaging winds. 

Behind this system, North Texas will dry out and briefly cool off. Sunny skies return Thursday with a high in the mid-60s. Temperatures will then warm into the upper 70s on Friday before a sunny weekend with highs in the low 80s.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

Advertisement

WeatherDallasFort WorthSevere Weather



Source link

Continue Reading

Trending