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    New Dallas Hot Spot

    Ballyhooed Preston Hollow Village reveals first round of restaurants and shops

    Teresa Gubbins
    Nov 10, 2014 | 5:49 pm

    Preston Hollow Village, the much chattered-about, mixed-use development at the northwest corner of Walnut Hill and Central Expressway, has released an official list of phase 1 restaurants and retail stores that will open in early 2015, including Trader Joe's and Orangetheory Fitness.

    Trader Joe's will occupy a 14,000-square-foot space that will anchor the retail center. It is expected to open in February 2015.

    Restaurants include the following:

    • Blue Sushi Sake Grill, the second location in Texas, following the first in Fort Worth.
    • Modmarket, the first Dallas branch of the Colorado-based chain, following Flower Mound, Plano and Southlake. Modmarket is scheduled to open by the end of 2014.
    • Pakpao, the second location of the Thai restaurant in the Dallas Design District, also opening by the end of 2014
    • Vertskebap, the Austin-based wraps concept, will open its second North Texas location here, also by the end of 2014.

    Preston Hollow Village will have two salons: Eighteen Eight Fine Men's Salon and Tangerine Salon. It's the second Dallas location for the former and the fourth North Texas location for the latter.

    Orangetheory Fitness features interval training backed by excess post-exercise oxygen consumption. There are branches in Allen, Mesquite and Plano but this is the first second Orangetheory studio in Dallas — and our first opportunity to note that it's missing a space between "orange" and "theory."

    Phase 1 will feature a total of 75,000 square feet of specialty retail and restaurant space, including Frost Bank. A 60,000-square-foot office building, which is also on target for an early 2015 opening, will be home to dentists, doctors and other professional service firms.

    "We strategically pursued not only the best restaurants and retail stores for Preston Hollow Village, but we also selected brands that would be the first in the city," said Leon Backes, CEO of Provident Realty Advisors, developer of Preston Hollow Village in partnership with Kroenke Holdings.

    In early 2015, Provident Realty Advisors and Kroenke Holdings will celebrate the groundbreaking for phase 2, which will encompass a trio of seven-story apartment buildings with 512 rental apartments. This site is just north of the shopping center and office project.

    unspecified
    news/real-estate

    rent report

    2 Dallas suburbs have the highest rents in DFW right now, report finds

    Amber Heckler
    Dec 3, 2025 | 5:11 pm
    SkyHouse Dallas apartments
    Photo courtesy of Simpson Property Group
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    After American shoppers spent $11.5 billion on Black Friday this year, it's safe to say many people are watching their wallets this holiday season, including renters. And a new report is shedding light on the North Texas cities that are shelling out the most for their rent.

    Zumper's newest monthly rent report, released December 2, analyzed active listings from the previous month across all cities in the Dallas-Fort Worth Metroplex. It tracked the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Frisco and The Colony tied for having the highest rent prices in Dallas-Fort Worth in November. According to the study's findings, the median rent price for a single-bedroom apartment came out to $1,620 last month in both cities. In Frisco, that's $10 lower than what it cost for the same apartment in June.

    Frisco residents are expected to budget $3,491 for their holiday presents this year, WalletHub says, which means they might be watching their spending a lot more than other North Texas residents.

    For two-bedroom units, median rent prices in Frisco rose 3.3 percent from October to $2,200. A two-bedroom apartment in The Colony rose 0.9 percent month-over-month to $2,130.

    Grapevine's median rent prices were the third-priciest out of all cities in Dallas-Fort Worth. Zumper found that the median price for a one-bedroom apartment came out to $1,470, and two-bedroom units cost $1,840 in November.

    Dallas tied with Plano for the fourth-highest rents in the metro area, the report said. Single-bedroom units cost the same amount between both cities ($1,470) while two-bedroom units were more expensive in Dallas ($2,060) than in Plano ($2,030).

    For comparison, the price of one bedroom unit in Dallas was $30 cheaper in October, while two bedroom units cost $20 less than November's asking price. In September, asking rent for single-bedroom apartments added up to $1,480, while two bedroom units cost $2,100 per month.

    These are the median rent prices for one- and two-bedroom apartments across Dallas-Fort Worth:

    • Richardson – $1,420 for one-bedroom units; $1,750 for two-bedroom units
    • McKinney – $1,400 for one-bedroom units; $1,850 for two-bedroom units
    • Carrollton – $1,360 for one-bedroom units; $1,730 for two-bedroom units
    • Lewisville – $1,300 for one-bedroom units; $1,700 for two-bedroom units
    • Burleson – $1,250 for one-bedroom units; $1,620 for two-bedroom units
    • Weatherford – $1,240 for one-bedroom units; $1,370 for two-bedroom units
    • Irving – $1,220 for one-bedroom units; $1,650 for two-bedroom units
    • Fort Worth – $1,190 for one-bedroom units; $1,450 for two-bedroom units
    • Grand Prairie – $1,170 for one-bedroom units; $1,560 for two-bedroom units
    • North Richland Hills – $1,160 for one-bedroom units; $1,460 for two-bedroom units
    • Haltom City – $1,150 for one-bedroom units; $1,430 for two-bedroom units

    DFW cities with affordable rent compared to the statewide median
    Zumper found the statewide median rent for a one bedroom apartment came out to $1,126 last month.

    Cleburne had the most affordable rent for a one-bedroom unit in all of Dallas-Fort Worth, with median prices adding up to an even $1,000. The report also found that Cleburne's single-bedroom rent costs are 10.7 percent lower than they were a year ago. The median cost for a two-bedroom unit in Cleburne ($1,190) is 8.5 percent lower than it was in November 2024.

    Six more Dallas-Fort Worth cities had more affordable single-bedroom rent prices than the statewide median: Bedford ($1,110), Mesquite ($1,110), Hurst ($1,100), Denton ($1,090), Arlington ($1,080), and Benbrook ($1,020).

    dallasfort worthrentrent pricesreal estatehousing report
    news/real-estate

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