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July 26, 2007


TOMORROW'S INSIGHTS TODAY

Warehouse district shows
signs of transformation


JIM MAHONEY/DMN
JIM MAHONEY/DMN
Jim Lake Cos.' Trinity Lofts opened in June and is already more than 50 percent leased.
By STEVE BROWN / The Dallas Morning News

Staff and board members at the Dallas Center for Contemporary Art probably did a double take when they drove over to look at their soon-to-be new home.

Down a scruffy street of warehouses that ends at the Trinity River levee, the gallery's collection of old brick and metal buildings looks anything but artistic.

"Fortunately, people in the art world have a lot of vision and creativity," said Dallas Contemporary board president Tom Lind.

The group plans to revamp the old buildings on Glass Street in Dallas' Trinity Industrial District into a complex of art and design space.

"It doesn't take a big leap to see how this whole area will evolve."

Indeed, redevelopment is already happening in the old warehouse district northwest of downtown.

Read more in tomorrow's Dallas Morning News or online at dallasnews.com/business


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TOMORROW'S INSIGHTS TODAY: Steve Brown

Vacant 'McMansions' hitting market

Whenever I use the term McMansion folks call and write to complain.

Builders who construct these houses think it's a negative spin on their product. They are just meeting market demand, they point out.

And the people who buy these houses don't like to have them referred to that way.

Indeed, if I had laid out piles of cash for a vast house I wouldn't want it likened to an oversized hamburger.

All that said, you're likely to be hearing more about McMansions in the months ahead.

That's because too many vacant ones are starting to pile up on the market.

Column

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