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    Downsizing in Dallas

    T. Boone Pickens sells Preston Hollow mansion listed at $6 million

    John Egan
    Mar 12, 2018 | 9:23 am

    In his effort to downsize, 89-year-old Dallas energy tycoon T. Boone Pickens has sold his Preston Hollow mansion at 9434 Alva Ct.

    Dallas energy investment firm executive John Calvert and his wife bought the Preston Hollow property, according to The Dallas Morning News. The home had been listed for $6 million; however, the purchase price wasn’t disclosed.

    The 8,906-square-foot, Mediterranean-style estate was built by Jim Shaw in 1996 and designed by noted architect Wilson Fuqua. The mansion features two bedrooms, guest quarters with one bedroom, three bathrooms, three half-bathrooms, a three-car garage, antique French Quarter limestone floors, walnut and cherry patterned flooring, a swimming pool, gardens, fountains, and statuaries. The home sits on a wooded one-acre lot.

    Ryan Streiff of Dave Perry-Miller Real Estate represented Pickens. The home had been on the market for 98 days, the agent says.

    “It was an honor to represent such a fine estate home,” says Streiff in a release, “but an even greater honor to represent one of Dallas’ treasured icons in Mr. Pickens.

    One down, one to go. Pickens is still trying to find a buyer for his massive ranch in the Texas Panhandle.

    Pickens, who turns 90 in May, is shedding his mansion and his ranch after shutting down his energy hedge fund, BP Capital, and as he slows down after suffering a series of strokes in 2017 as well as a serious fall. He now lives in a Dallas condo.

    Pickens’ Mesa Vista Ranch is about 85 miles northeast of Amarillo. The ranch, which encompasses 64,809 acres, is on the market for $250 million.

    "People who haven’t been here might say, ‘Well, I’m not going to pay $250 million,’” Pickens told CNBC. “I say to them, ‘Just come look at it.’ And then see what you think.”

    When the ranch went up for sale in November, Pickens said he was ready to put Mesa Vista in someone else’s hands.

    “Selling the ranch is the prudent thing for an 89-year-old man to do. It’s time to get my life and my affairs in order,” Pickens wrote on LinkedIn. “There are many reasons why the time is right to sell the ranch now, not the least of them ensuring that what I truly believe is one of the most magnificent properties in the world winds up with an individual or entity that shares my conservation ethic.”

    The home was designed by architect Wilson Fuqua and built by Jim Shaw.

    Pickens home, 9434 Alva Ct., Dallas
      
    Photo courtesy of Dave Perry-Miller
    The home was designed by architect Wilson Fuqua and built by Jim Shaw.
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    Coworking News

    Dallas' Longhorn Ballroom unveils new renovated coworking studio space

    Teresa Gubbins
    Jun 12, 2025 | 2:07 pm
    Longhorn Ballroom
    Longhorn Ballroom
    Longhorn Ballroom

    Dallas' famed Longhorn Ballroom music venue has unveiled a newly renovated multi-use building — located across the courtyard from the Ballroom at 200 Corinth St. — that's open for creative types in the fields of entertainment, restaurant, and the arts.

    The Longhorn Ballroom was built in 1950 for country music legend Bob Wills and this Texas Playboys and was originally named Bob Wills’ Ranch House. It was managed for a time by Jack Ruby, then Dewey Groom who renamed it the Longhorn Ballroom and built it into one of the greatest venues of its day, hosting Willie Nelson, Loretta Lynn, Merle Haggard, Charley Pride, Pasty Cline, B.B. King, Ray Charles, Nat King Cole, James Brown, Al Green, Johnny Rodriguez, Freddy Fender and Selena.

    This newly renovated building was originally constructed in 1950 as part of the Ranch House, where it served as a motel for touring musicians and according to a release, is rumored to have sheltered Wills' horse "Punkin."

    Longhorn Ballroom coworking spaceYou could office here. Longhorn Ballroom coworking space.Longhorn Ballroom

    The two-story 26,000-square-foot building offers co-working spaces for entertainment professionals, attorneys, and managers. There are five 1-2 person offices available, along with a limited number of residential live-work studios for artists. There are also several small restaurant spaces available for "culinary creatives."

    The largest available area — a former recording studio — could be transformed into a space for audio, film, or post-production work.

    There is also a common area and kitchen, plus plentiful parking. Internet and utilities are included. Rates depend on space rented.

    "As an entertainment attorney, there’s no better place for my practice than the Oficina co-work space at the Longhorn," says Decker Sachse, a current tenant. "It’s a great location with easy access and my clients love the vibe."

    In the fall, the Longhorn will complete its third and final phase with the opening of a 6,500-capacity outdoor amphitheater along the banks of the original Trinity River. Called The Longhorn Backyard Amphitheater, it will host a series of soft opening shows this fall, starting with Randy Rogers on September 20. A grand opening with a full calendar of events will commence in the spring of 2026, providing the city with a state-of-the-art outdoor venue one mile south of downtown Dallas.

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