KDC Gets Nod For $1.5B Mixed-Use Project Outside Dallas

Law360, New York (December 11, 2012, 7:10 PM EST) -- KDC Real Estate Development & Investments is sealing up a deal to buy 186 acres in a Dallas suburb for a proposed $1.5 billion mixed-use project after getting important city approval for the transit-oriented plan, the company announced Tuesday.

After earning several key zoning approvals from the city of Richardson on Monday night for the massive project, KDC is looking to close on the land buy by the end of the month, it said. The project will include retail, housing, office space and more in an...
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