Lincoln Property Co. buys Colorado Place site

Lincoln Property Co. has purchased the site of the former Colorado Place apartment complex on Fort Worth Avenue, according to Dallas County property records.

The 18-acre site, between Colorado and Parkcrest, has been vacant since 2009 when 1940s apartments were demolished there.

The property passed through several owners until Cienda Partners bought it in 2014. Earlier this year, Cienda also purchased the adjacent Gator Wash carwash, which was included in the sale to Lincoln.

Lincoln has developed at least three urban apartment complexes in Dallas, pictured above. Jeff Courtwright of Lincoln has not responded to messages seeking comment.

By |2016-05-03T09:53:38-05:00May 3rd, 2016|Business, Development, News|2 Comments

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  1. lakewoodhobo May 12, 2016 at 3:38 PM

    Still very curious about this. Steve Brown’s story says LPC filed permits for 11 buildings with 299 on the site. So we’re talking about garden style apartments here? How 1970s.

  2. lakewoodhobo May 3, 2016 at 2:17 PM

    Lincoln Property redeveloped Turtle Creek Village (Oak Lawn) and built Arboretum Village (East Dallas) with The Fresh Market anchoring both. They also developed Armstrong at Knox, which is anchored by Trader Joe’s. I hope they plan a grocery anchored mixed-use development here.

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