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Pinnacle Park Land Rush Going Full Throttle

DALLAS-In less than nine months, Morning Park has poked holes in that old saying that Dallas always develops north. The region's top players have picked up more than 270 acres and more deals are in the pipeline for land south of the Trinity River in a frenzied Pinnacle Park development rush.

By Connie Gore | Updated on February 21, 2001

DALLAS-Morning Park Inc., a two-man team riding the crest of a successful public-private partnership, has secured the autographs of nearly every major industrial player in town since last summer and more are sure to come in the weeks ahead.

In less than nine months, more than 270 acres on the outskirts of Dallas city limits have gone or are close to going to the likes of Argent Property Co., Beck Realty Co., First Industrial Properties, AVW Development Co., Taylor Farms, Hardy Fruits and Vegetables, the now defunct Panattoni-Hillwood joint venture, Hillwood Investment Properties and Panattoni Development Co. The Dallas County hotbed of activity is Pinnacle Park, a south Dallas project that is breathing new life into a 900-acre former quarry and cement manufacturing site for LeFarge Corp.

William Boeck, Morning Park president, says closings have been set for a 60-acre tract being sold to Panattoni, five acres to AVW Development, nine acres to Taylor Farms and seven to Hardy Fruits and Vegetables. He rattles off the pending and sealed deals like a father calling out his children’s names.

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