Buys

Developer Mehrdad Moayedi buys land for homes at Rowlett’s Bayside project

A North Texas developer known for some of the region’s biggest projects has bought sections of the Bayside development on Lake Ray Hubbard.

Loading...

Load Error

Mehrdad Moayedi’s Centurion American Development Group purchased land in the Rowlett project on Interstate-30 for two residential projects.

In the works for more than five years, the 262-acre mixed-use development on the lake was originally planned to include everything from high-rise hotels to apartments and single-family homes.

The centerpiece of the $1 billion project was an 8-acore Crystal Lagoon waterpark to be built on the shore of Lake Ray Hubbard.

But after changes in ownership, Bayside has so far not met those ambitious plans. Parts of the project have been rechristened Sapphire Bay by the City of Rowlett.

Centurion American Development has purchased four acres in two tracts across the freeway from where the Crystal Lagoon is being built.

“This is on the north side of I-30 where all the apartment building has been,” Moayedi said. “There were two tracts left with the old partnership.

“They had quite a few offers and chose to go with us.”

Centurion American will use the property to build communities for more than 300 homes, townhouses and villas.

“It’s a great market for single-family residential and townhomes,” Moayedi said. “It came with three lots sitting on the lake.”

The more than 100 planned houses in the project will average around $400,000. And Moaeydi said the almost townhouses would cost between $275,000 and $400,000.

The land for the townhomes and villas must be rezoned from multifamily construction, he said.

Developer Western Rim Properties has already built apartments at Bayside in the same area where Centurion American purchased the land.

And Beazer Homes has a neighborhood in that section of the Bayside project.

“On the tract that’s already zoned, we are

Continue Reading

Private Equity-Backed Federal Contractor Buys DynCorp

Private Equity-Backed Federal Contractor Buys DynCorp | Aviation Week Network

/themes/custom/particle/dist/app-drupal/assets/awn-logo.svg


Skip to main content

DynCorp International logo.

Credit: DynCorp International

DynCorp International, a provider of military logistics and aviation services to federal agencies, will be acquired by Amentum Holdings in a deal expected to close by year’s end. Financial details of…

 

Private Equity-Backed Federal Contractor Buys DynCorp is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what’s happening in the aerospace and defense community.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from

Continue Reading

$455K Buys Designer Bathrooms, Mother-In-Law Suite In Dacula

DACULA, GA —A $455,000 Dacula home on a cul-de-sac has been completely renovated to feature a kitchen with marble counters, a professional gas stove, and a large island. The house also offers an in-law suite, hardwood floors throughout, designer bathrooms and more, according to Realtor.com.

  • Address: 3326 Thimbleberry Trl, Dacula, Georgia
  • Price: $455,000
  • Square Feet: 3296
  • Bedrooms: 5
  • Bathrooms: 3 Full and 1 Half Baths
  • Built: 2005
  • Features: Beautiful, impeccably maintained and updated home in coveted Hamilton Mill. This large home sits on a quite cul-de-sac in coveted Hamilton Mill. Home has been completely renovated with high end appliances featuring dual Refrigerator and Freezer, 36′ gas professional grade stove, solid surface/marble counters, large gathering island and high end white cabinets. Hardwood floors throughout and a large 2nd master/guest suite on the main level with sitting area and full ensuite bath ideal for mother-in-law or a second master on main. The spacious second story features designer bathrooms with high-end finishes, three bedrooms and an office, too. Fully fenced level backyard with terrace too. This house is totally move in ready and must be seen!

This listing originally appeared on realtor.com. For more information and photos, click here.

Source Article

Continue Reading