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    Real Estate Rumblings

    Demolition of century-old building in downtown Dallas causes upset

    Teresa Gubbins
    Sep 24, 2014 | 8:29 am

    A building demolished over the weekend by developer Tim Headington upset a number of citizens who wished after the fact that they could have done something about the destruction.

    Located at 1611 Main St. across from The Joule, the building was a modest three-story structure built in 1885. Fashion boutique Forty Five Ten will move into a new building going in its place in fall 2015.

    Plans for the demolition were publicized in May, but the fact that the demolition took place on a Sunday, during a Cowboys game, took some by surprise.

    "Headington has destroyed a part of the commercial history of Dallas without regard to the damage it will inflict on the rest of downtown," said Preservation Dallas.

    Preservation Dallas, which bestowed an achievement award on Headington last May for his work on The Joule, issued an appalled response summing up what happened, as follows:

    "What began as the demolition of a single historic building on Sunday has spread like a cancer to neighboring buildings between Main and Elm streets. Preservation Dallas finds the wanton destruction by the Headington Companies of these historic buildings in the heart of downtown appalling to say the least.

    "The pulling of a demolition permit on Friday for a Sunday demolition was an underhanded tactic calculated to avoid a public outcry. These demolitions were planned and completed without conversation with Preservation Dallas. Following the May 2014 article in the Dallas Morning News regarding the demolition of 1611 Main St., Preservation Dallas made numerous attempts to contact Michael Tregoning, the CFO for Headington, through U.S. mail, email and several voicemails — all of which went unanswered.

    "We expressed our concerns for the buildings and requested an opportunity to meet with them to discuss plans for the buildings and potential ways they could be incorporated into new development. We know that there could have been a successful path to meet both preservation needs and new development goals.

    "The demolition of the buildings is also more shocking given the article in the August 2014 issue of FD Luxe, which announced the relocation of Forty Five Ten to downtown Dallas in a 'grand, multi-story historic building on Main Street.' This article successfully misled us and the public about Headington's true plans and enabled the buildings' demolition without any public discourse on the importance of the buildings to Dallas, alternatives to demolition or why the buildings could not be reused.

    "Headington has destroyed a part of the commercial history of Dallas without regard to the damage it will inflict on the rest of downtown. All the demolished buildings were listed as Contributing Structures in the Downtown Dallas National Register Historic District, meaning they had a great deal of integrity and contributed to the overall importance of the National Register District.

    "While important, this designation is not enough to provide legal protection to threatened buildings facing the wrecking ball. Ultimately, the demolition of too many Contributing Structures in the National Register District could lead to the loss of the entire District's National Register status, which in turn would cost developers millions of dollars in available tax credits used to rehabilitate historic buildings.

    "The only legal way to stop future demolitions of important historic buildings is to designate those structures as City of Dallas Landmarks, or to establish additional City of Dallas Landmark Districts to cover historically important areas of downtown. Preservation Dallas has advocated for Landmark Districts downtown for years and regularly supports property owners in applications to designate specific structures as City of Dallas Landmarks.

    "We need the support of everyone to send the message to City Council that our historic buildings downtown are important to all of Dallas, critical to the sustainable redevelopment of downtown and worthy of protection from developers who seek to erase our city's history!

    "Steps that can be taken immediately by the City of Dallas to address future demolitions could include placing a moratorium on demolition of National Register listed historic buildings downtown to allow time for public discussion on the future of historic buildings in downtown Dallas, investigating the creation of a City of Dallas Landmark District based on the Dallas Downtown National Register Historic District, and encouraging redevelopment of historic properties through additional economic development incentives.

    "It is truly heartbreaking when Dallas deliberately loses pieces of its history, especially given the historic integrity and importance of these buildings as representative examples of historic commercial architecture in the heart of downtown. These buildings stood for over one hundred years seeing the growth, decline and resurgence of downtown Dallas; however, it only took a couple of days for a wrecking ball to turn the venerable structures into debris to be carted off to a landfill."

    unspecified
    news/real-estate

    Suburbs news

    North Dallas neighbor ranks as No. 1 most affordable city in U.S.

    Amber Heckler
    May 12, 2025 | 4:05 pm
    Downtown McKinney
    Photo courtesy of City of McKinney
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    A Dallas suburb has landed on top of a new list of the most affordable places to live: McKinney ranked No. 1 based on its relative cost of living and high median household income.

    The report by personal finance experts Motley Fool Money, "The 10 Most Affordable Cities With High Salaries and Low Costs of Living," compared hundreds of U.S. cities based on their income-to-expense ratio, where a higher ratio means better affordability. Median income was sourced from U.S. Census data, while cost of living was taken from a 2024 cost of living index from the Council for Community and Economic Research.

    McKinney had the highest income-to-expense ratio (1.55) out of every U.S. city on the list to claim the No. 1 spot as the most affordable place to live. According to the report's analysts, McKinney's cost of living index is three points below the national average.

    Residents in this Dallas suburb make a median income of $116,654, a staggering 43 percent higher than the national median. That's more than enough to cover the report's estimate of $75,348 for the city's cost of living.

    Motley Fool Money says McKinney is alluring for "mid-career Americans."

    "The average age [in McKinney] is 37 and the median property value is $440,000, which is about $20,000 higher than the national median home sales price," the report's author wrote. "The largest industries are professional, scientific and technical services, retail, and healthcare."

    Plano also earned a spot in the top 10 most affordable places to live, coming in at No. 6 with an income-to-expense ratio of 1.28.

    The findings show Plano households make about $108,594 in median annual income to offset an $84,931 cost of living estimate. No wonder residents are happier here than in any other city in Texas.

    Plano Arts DistrictPhoto by David Downs/Visit Plano

    Plano's economy is the strongest factor attracting people to this popular suburb, as well as greater Dallas-Fort Worth's entrepreneurial spirit.

    "Toyota Motor North America has its headquarters in Plano, and other large companies have significant footprints there including JPMorgan, JCPenney, and Frito-Lay," the report said.

    Plano also excels as one of the best places to raise a family, demonstrating the city's true versatility for both career-focused and family-focused Americans.

    Though both McKinney and Plano ranked on the list of the most affordable cities to live, neither appeared in Motley Fool Money's separate ranking of the cheapest places to live. Earning the No. 1 spot in that category was Decatur, Illinois.

    The only Texas cities to rank on the list of the cheapest places to live were the Rio Grande Valley cities of Edinburg (No. 3) and Harlingen (No. 6), as well as Amarillo (No. 10) in West Texas.

    The top 10 most affordable places to live in the U.S. are:

    • No. 1 – McKinney, Texas
    • No. 2 – Morristown, New Jersey
    • No. 3 – Edmond, Oklahoma
    • No. 4 – Midland, Texas
    • No. 5 – Austin, Texas
    • No. 6 – Plano, Texas
    • No. 7 – Joliet, Illinois
    • No. 8 – Kansas City metropolitan area
    • No. 9 – Atlanta, Georgia
    • No. 10 – Charleston, South Carolina
    dallassuburbsmckinneyplanorankings
    news/real-estate

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