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    Candy's Dirt

    Forestwood owners plan for fancy facelift at forgotten North Dallas corner

    Candy Evans
    Oct 29, 2014 | 1:33 pm

    It’s about time the northwest corner of Inwood Road and Forest Lane, known as “Forestwood,” gets a much-needed facelift. In fact, it’s going to be a gut job: The 1974 rental townhomes will be replaced by prettier, higher-quality homes that will anchor a proposed mixed-use development.

    The Forestwood townhome community has been known as a safe, secure place to hunker down in North Dallas if you couldn’t swing a mortgage. It’s also where single moms and dads would go to live after a separation because it was still close to the private schools their children attended.

    For years I have wondered when the neat — but clearly aging — townhomes would be replaced with something more upscale and attractive, especially considering the surrounding neighborhood: sprawling ranches on leafy half-acre lots that start at about half a million dollars. The newer McMansions are pulling in more than $1.5 million.

    Get ready for what appears to be a mini Uptown that will include shiny new rental units, some retail, a 6-acre practice field for Jesuit and a creek.

    Well, get ready for what appears to be a mini Uptown, a development along the lines of a Preston Hollow Village, that will include shiny new rental units, some retail, a 6-acre practice field for Jesuit Preparatory and a creek as a natural buffer to the single-family ranch homes to the north.

    The Daniels family, which has owned the land since 1849, wants to tear down the 208 existing townhomes and replace them with up to 350 units. This would include townhomes with garages and small yards, as well as a large multifamily unit with a boutique-hotel feel and a pool.

    “This will be a long-term lease with the developers,” says William Dahlstrom of Jackson Walker LLP, a land-use expert and attorney who is representing the owners. “The same owners will continue to own the 30 acres of land.”

    When the owners first bought the property, it was likely a farm or ranch, as was most of the surrounding area. In 1972 the land was zoned for townhome-type residences, which is exactly what it’s been for the last 40-odd years.

    “We see it as a legacy redevelopment opportunity that will improve the community and provide great amenities for an underserved neighborhood,” Dahlstrom says. “Family-friendly, specialty grocers, a few restaurants, maybe a bank, all with a neighborhood feel.”

    I asked how much square footage would be devoted to retail: less than 50,000 for the anchor grocer, Dahlstrom says. Although he could not give me any names — it’s early and everyone’s still in negotiations — an Oakville Grocers or Dean & Deluca or Eatzi’s-type concept was not far off base. But those are my names, not his.

    The owners are working with apartment builder Greystar and retail real estate firm Regency Centers, which owns the shopping centers at Preston Forest and Preston Royal.

    About the new units: The townhomes would be three stories max, fully loaded with wood floors, granite counters, and high-quality appliances and fixtures. Rents would be $2,200-$4,500 a month, which is, yes, almost a house payment minus the property taxes. The current townhomes rent for about $1,000 to $2,200 a month.

    Bringing in the retail requires a zoning change. Dahlstrom says they’ve begun meeting with neighbors and plan to seek an amendment. “We are looking at a mixed-use community,” he says, “which will be a great enhancement for the entire neighborhood. This is a land-use issue.”

    I think the neighbors should welcome the change. Imagine having a darling townhome at Forestwood. You just return from a beach vacation to find your fridge empty. Do you want to get in your car and traipse over to the Tom Thumb at Marsh Lane or the Whole Foods at Preston Forest? Not when you can walk over to the specialty grocer (whatever it is) in your flip-flips in two minutes flat. Or you can take a little jog along the trail, or walk your pooch, who can wait for you outside while you grab something for dinner.

    Note to specialty grocer, whoever you are: Carry dog biscuits.

    ---

    A version of this story originally was published on Candy’s Dirt.

    unspecified
    news/real-estate

    Dallas Got Robbed

    The richest small town in Texas is surprisingly not in Dallas

    Amber Heckler
    Dec 12, 2025 | 1:18 pm
    Bellaire, Texas
    Facebook / City of Bellaire, Texas
    Houston neighbor Bellaire is the richest town in Texas.

    A survey of affluent small towns has found one town in Texas to be at the top of the list, but shockingly, it is not in Dallas. The town of Bellaire, a small enclave within the Houston metro area, has earned the top spot as the richest small town in Texas for 2025. Boo.

    The report, "The Richest Small Town in Every State," from GoBankingRates, selected one city from each state, using data from the U.S. Census Bureau's American Community Survey to determine the 50 richest small towns based on their median household income.

    Describing Bellaire as a "small town" might be a misnomer. It's located less than 10 miles from downtown Houston and is fully surrounded by the City of Houston. It's really more of a wealthy enclave within Houston, with a population of just over 17,000 residents.

    Those affluent citizens earn a median $236,311 in income every year, which GoBankingRates says is the 11th highest household median income out of all 50 cities included in the report.

    The average home in this city is worth over $1.12 million, but Bellaire's lavish residential reputation often attracts properties with multi-million-dollar price tags.

    Bellaire also earned a shining 81 livability score for its top quality schools, health and safety, commute times, with an abundance of exceptional local amenities.

    Those include conveniently located grocery stores, coffee shops, diverse dining options, and spacious parks.

    It's not the first time that Bellaire has caught the eye of GoBankingRates, which previously ranked it as the No. 23 wealthiest suburb in America, and it's been named on similar lists comparing the richest American cities.

    Dallas can take comfort in the fact that a different survey found Lewisville to be of the cities attracting the most high-income households, meaning those that make more than $200,000. However, census data places the most recent median income in Lewisville at $85,002 — so it's nowhere close to catching up to Bellaire.

    suburbshoustonbellaireaffluent households
    news/real-estate
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