Vickery Place Centennial Tour

posted on 20/8/17

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Recession stopped teardowns, but work’s back on in Dallas

posted on 20/8/17

Steve Brown stevebrown@dallasnews.com Published: 02 July 2010 7:34 AM Dallas custom homebuilder Kelly Clark is finishing work on his latest project in Dallas' Forest Hills neighborhood. The $1.45 million house has five bedrooms and six baths and is within walking distance to White Rock Lake "We've been working on that house 18 months," said Clark, who's about a month away from finishing. "I shut down construction after the crash and quit building while I waited for the economy to come back. "No one was going to buy that house in the depths of the downturn," he said. "I started the project back up six months ago." Since then, he's had more "tire kickers" looking at the 6,127-square-foot home, which replaced a much smaller 1950s home that was knocked down. Other speculative homes in the popular neighborhood off Garland Road are now sporting sold signs. And builders across Dallas are once again shopping for lots where they can build pricey, close-in homes. So-called teardown homebuilding almost shut down last year when the economy and housing market hit the wall. But as the economy has improved, the rumble of bulldozers knocking down old houses to make way for new construction is starting…

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