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    Millennial Trends

    Texas millennials top nationwide list of those most likely to buy a home

    Nicole Raney
    Jul 30, 2015 | 9:05 am
    young couple with boxes moving into new house
    The majority of Texas millennials are looking to purchase a home in the near future.
    ihmoneysmarts.org

    In the next few years, the majority of millennials plan to stop renting and start owning — and Texas is leading the charge.

     

    A new report from Apartment List analyzed responses from millennials in its first-ever Renter Confidence Survey to determine their future homeownership plans. According to the survey, 78 percent of Texas millennials plan to purchase a home, making the state the No. 14 place in America with millennials that intend to buy. In Dallas-Fort Worth, 77 percent have homeownership in their sights, landing it at No. 12 in the list of cities countrywide.

     

    Millennials are starting the trend in No. 2 Austin, where a whopping 82 percent plan to buy and zero percent want to continue renting.

     

    Other Texas metro areas rank high on the list of places with millennials who plan to buy. Houston ranks No. 17 (75 percent) and San Antonio ranks No. 19 (74 percent).

     

    Nationwide, 74 percent of millennials expect to buy a home. Fifty-three percent of those surveyed expect to buy after 2018. However, older, married millennials expect to make the move within the next three years, reports Apartment List.

     

    Cincinnati, where 85 percent of millennials plan to buy, takes the top spot on the list. Denver (No. 3); Atlanta (No. 4); and Washington, D.C. (No. 5) round out the top five.

     
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    news/real-estate

    Urban Renewal News

    Inwood Design Center in Dallas Design District due for major makeover

    Teresa Gubbins
    Jul 10, 2025 | 12:36 pm
    Inwood Design Center
    Courtesy rendering
    Inwood Design Center

    A center in Dallas' Design District is about to get a major makeover: M2G Ventures, a DFW real estate investment and development company, is repositioning the former Inwood Design Center, a 14-building 740,000-square-foot complex at 1110 Inwood Rd. into a two-pronged design complex with restaurants and retail.

    According to a release, the rebranding will introduce two distinct identities which will operate "independently but harmoniously."

    • Inwood Design District, nickname IDD, will be for showroom and industrial use
    • Ace on Inwood, AKA Ace, will be for retail and restaurant

    "IDD" comprises 630,000 square feet, with spaces ranging from 2,500- to 40,000-square-foot floorplates for showroom and light industrial use, with up to 24-foot clear heights.

    Ace on Inwood will be a 109,233-square-foot retail building with spaces ranging from 1,193 to 6,000 square feet, for restaurants, retail, services, wellness and boutique concepts, with a focus on home furnishing uses to complement the existing base in the area. Patio space and endcaps will provide further opportunity for placemaking and activation.

    Construction is about to begin with completion targeted for the end of 2025.

    Project enhancements will include upgraded façades and storefronts, branding and signage, enhanced parking, and layered landscaping. Art strewn in unexpected places will include colorful visual moments, 3D illusions, or interactive installations, serving as visual landmarks and encouraging walkability and discovery.

    In a statement, M2G Ventures co-founder Jessica Miller Essl calls it "one of the most dynamic projects we have been a part of."

    “This modern evolution takes the property from industrial to a premier mixed-use campus at a location that bridges the Design District and Brookhollow submarkets,” Essl says. "We anticipate bringing both districts into their new lives. By creating two distinct projects under one collective vision, our team can create two best-in-market projects in their respective peer sets."

    M2G has done similar projects in the past 10 years including the Foundry District in Fort Worth, a creative repositioning of a warehouse district into showrooms, retail, food and beverage, and creative office; and Proto Park in Dallas, a mid-century warehouse transformed into an industrial destination; M2G has since exited both projects.

    The design team for the project includes Ibañez Shaw Architecture as architect, RSM Design for environmental graphics, Paper Kites Studio for landscape architecture, Katie Murray for art curation, Ramble Creative for branding, and SHOP Companies’ Jake Sherrington and Victoria Pappas for lleasing the retail component of Ace on Inwood.

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    news/real-estate
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