The Impact of Infrastructure Projects on Dallas Property Values
Infrastructure projects have long been a driving force behind the growth of property values in urban areas, and Dallas is no exception. With a series of high-profile developments underway, the city is poised for transformative change that will reshape its neighborhoods and real estate market.
To gain deeper insight, we spoke with Nora Windham, a real estate professional with a passion for helping clients navigate the dynamic Dallas market. Nora shared her perspectives on key infrastructure projects and their potential effects on property values.
Transformative Developments Across Dallas
Central Market at Lemmon and McKinney
After years of vacancy, the lot at Lemmon Avenue and McKinney Avenue is finally being revitalized with a Central Market development. Known for its gourmet food offerings, Central Market will bring a unique blend of convenience and culture to the area.
“This project will boost property values by attracting more business and foot traffic,” Nora explained. “While the original plans for mixed-use development might have offered more housing, this grocery store still provides significant value to nearby homeowners and investors.”
Henderson Avenue Development
The east Dallas corridor is set to flourish with the upcoming Henderson Avenue development. Featuring a mix of restaurants, retail, and office space, this 4.8-acre project will connect Knox Avenue to Henderson Avenue, further enhancing the area’s appeal.
Ignite-Reebees is leading this long-awaited project, which is expected to be completed by Fall 2025. “As one of the most vibrant parts of Dallas, this development will likely draw younger, high-earning families and professionals, driving demand for homes in areas like Lower Greenville and the M-Streets,” Nora noted.
Universal Parks Development
The much-anticipated Universal theme park in Frisco is another game-changer, set to open in 2026. With a 30-acre hotel and surrounding commercial growth, the park is expected to make the area highly desirable.
“Like in Orlando or Anaheim, properties near major attractions tend to see a significant spike in value,” said Nora. “I foresee areas like West Dallas, Irving, and even Southwest Dallas becoming hotspots for both residential and commercial development.”
DART Silver Line Expansion
Public transportation plays a crucial role in shaping real estate markets. The DART Silver Line will connect Northwest Dallas to Plano and Frisco, reducing commute times and making suburban living more accessible.
“Clients who prioritize proximity to DFW Airport or downtown Dallas will now have more options,” Nora shared. “This expansion will likely increase demand in North Dallas, Addison, and Plano, where residents can enjoy a suburban lifestyle without sacrificing convenience.”
Challenges in Predicting the Impact of Infrastructure Projects
While infrastructure projects often signal rising property values, predicting their long-term impact involves significant challenges.
“Delays, changes in scope, or fluctuating market conditions can make it difficult to estimate the effect of these projects,” Nora explained. “Gentrification is another concern—improvements can displace long-time residents, altering the character of neighborhoods. That’s why it’s critical to monitor projects closely and stay informed about broader economic trends.”
For example, the Texas bullet train, which aims to connect Dallas and Houston in 90 minutes, has faced numerous delays, highlighting the challenges of relying on projected timelines.
Nora advises her clients to focus on areas with early-stage developments. “Emerging neighborhoods often offer safer investment opportunities compared to being the first to take a risk in an unproven market,” she added.
Leveraging Infrastructure Knowledge in Real Estate
For real estate professionals, understanding the ripple effects of infrastructure projects is a powerful tool to guide clients.
“Most clients come in with an idea of where they want to live, but I make it a point to introduce them to areas they may not have considered,” said Nora. “Highlighting neighborhoods poised for growth allows clients to buy at a lower price point withthe potential for significant appreciation as projects unfold.”
This forward-thinking approach not only helps clients achieve their goals but also positions them for long-term success in a rapidly evolving market.
Conclusion
With projects like Central Market, the Henderson Avenue development, and the DART Silver Line reshaping Dallas, the city’s real estate market is primed for exciting opportunities. By staying informed and leveraging these developments, homeowners, investors, and professionals can make strategic decisions that capitalize on the growth ahead.
As Nora put it, “Infrastructure isn’t just about buildings and roads—it’s about creating opportunities. In Dallas, the potential is endless.”