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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."

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    rent report

    Here's how much rent prices have dropped in Dallas-Fort Worth since 2025

    Amber Heckler
    Jun 2, 2026 | 4:45 pm
    Dallas skyscrapers
    Photo by TOM on Unsplash
    Rent prices are on the decline in most DFW cities.

    Rent prices are falling statewide, and prices in certain Dallas-Fort Worth cities have declined by nearly 8 percent since last year, according to a new national rent report from Zumper.

    The Zumper National Rent Report tracked year-over-year and month-over-month rent price changes in 100 U.S. cities for both one- and two-bedroom units using the most recent data available from May 2026.

    Plano had the fourth-steepest rent decrease in Texas, with prices for one-bedroom units dipping 7.5 percent year-over-year to $1,360. Two-bedroom rent has dropped 5.5. percent from last year to $1,900.

    In Dallas, one-bedroom rent prices fell 5.6 percent to $1,350, and two-bedroom rent is down 6.4 percent since last year to $1,900.

    Arlington was the only major Texas city where rent prices increased from May 2025 to May 2026. One-bedroom rent increased nearly 3 percent to $1,090, and two-bedroom rent increased 2.1 percent to $1,480.

    The cost for a single-bedroom apartment in Irving is $1,280, or the same price as it was a year ago, the report found. Two-bedroom units are 3 percent cheaper than they were last year, at $1,610.

    In Fort Worth, respective rent costs for one- and two-bedroom units come out to $1,240 and $1,560.

    Rent prices elsewhere in Texas
    San Antonio saw the steepest drop in rent prices statewide, with one-bedroom rents falling by 10.4 percent to $950. Two-bedroom units have declined 6 percent year-over-year to $1,250.

    These are the rent prices for other Texas cities in May 2026:

    • Austin: $1,420 for one-bedroom units; $1,860 for two-bedroom units
    • El Paso: $810 for one bedroom; $1,130 for two bedrooms
    • Houston: $1,130 for one bedroom; $1,430 for two bedroom

    The report also revealed that four of the 10 U.S. metros offering the most concessions are located in Texas. Austin leads nationally with more than a third of rental units "dangling incentives to fill space," followed by San Antonio, Houston, then Dallas. A separate rent report from real estate data firm CoStar found Dallas-Fort Worth had the fifth highest apartment vacancy rate in the U.S. in March, meaning residents may be able to save on their rent depending on the financial incentives offered by landlords.

    Additionally, these same markets offering generous rent concessions are also among the 10 U.S. metros with the largest population growth, which Zumper says signals ongoing tension between tenants and their landlords regarding prices.

    "So while Texas absorbed a significant share of the 2023-2025 supply wave, inventory still has to lease up before landlords regain pricing power, and the steady inflow of new residents says the demand is there," the report said. "It’s just a question of when supply stops outrunning it."

    From 2023 to 2024, Texas gained nearly 73,000 net new renters, making it the No. 1 magnet for renters nationwide.

    rentrent reportzumperapartmentsreal estatedallasplanofort wortharlingtonirving
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