Construction Is Booming

Most of the country’s new apartments are going up right here in Dallas

DFW is getting a big chunk of the apartments constructed this year.

Photo courtesy of Simpson Property Group

Rents in Dallas have been rising — alarmingly — for a while, but there might be some relief on the horizon. Of the more than 320,000 new apartments in the U.S. slated to reach completion this year, RentCafe reports that Texas can lay claim to about 70,000 of them.

That's 22 percent of the national inventory, spread out over Texas' four biggest metros of Dallas-Fort Worth, Houston, Austin, and San Antonio.

DFW alone is gaining 23,159 units, which is second only to Houston's 25,935. Filling out the top five are some heavy real estate hitters: New York, Los Angeles, and Washington.

Sixth-place finisher Austin is constructing 13,568 units, while San Antonio is putting out the welcome mat for 7,158 units.

This 50 percent increase in apartment construction should signal a cool-down in most big cities from the recently overheated pricing. Dallas, however, is bucking the trend by expecting to see a 7.3 percent rise in rent this year. Thanks, thriving job market and exploding population.

Of these new apartments, expect more than half of them to be one-bedroom units. And because we're Dallas, chances are they will also be fancy.

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Shopping News

Booming Celina hits the big time with its first Walmart Supercenter

Walmart Supercenter Hwy 6 and Westpark Dr.

Photo courtesy of Walmart

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The city of Celina is getting its first mega Walmart: According to a release, it will be a Walmart Supercenter located at the northwest corner of Preston Road (Highway 289) and the West Outer Loop.

The store has been in the works for a few years, but the Celina Economic Development Corporation celebrated the opening in a groundbreaking on April 16. Mayor Ryan Tubbs called it a "significant moment" for Celina.

The store will be a whopping 199,402 square feet, featuring a full-service grocery, pharmacy, electronics, apparel, and home goods.

That puts it on the high side: According to AI, Walmart Supercenters can range from 100,000 to 200,000 square feet, and average around 180,000 to 187,000 square feet, although some larger Supercenters can exceed 250,000 square feet.

So it's not the biggest Walmart Supercenter ever but it's still a pretty big store.

It'll serve as the anchor on a mixed-use development featuring urban residential, plus other retailers and dining options.

The city is also on track to get its first Costco by the end of the year. Will there be no end to the new shopping options? Not any time soon, as the community is now one of the fastest-growing cities in the U.S.

Celina residents currently have a Brookshire's for their grocery and pharmacy needs. The closest Walmart Supercenters are in Anna, Prosper, and McKinney, with a total of nine in the Dallas-Fort Worth area.

In the Celina area, this puts Walmart ahead of that slacker H-E-B which so far only has stores in Allen, Frisco, and McKinney, although two more H-E-B stores are currently under construction in Melissa and Prosper.

“This Supercenter represents more than just a new store - it’s an investment in Celina’s future,” says Anthony Satarino, Executive Director of the Celina Economic Development Corporation in a statement.

The store is expected to open in spring 2026.

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