How Uptown Dallas Became One of the Country’s Hottest Submarkets | D Real Estate Daily

It’s hard to believe that just 30 years ago Uptown Dallas was predominately comprised of single-family residential properties. Back then, all of the action was downtown, where Trammell Crow and others were putting up skyscrapers during the 1980s building boom.

A stark contrast to the shiny buildings that stand tall in Uptown today, the area originated in the late 1800s as a neighborhood inhabited by Eastern European Jewish immigrants. By the early 1930s, and as a result of displacement by the Mexican Revolution and job opportunities created by industrialization in Dallas, Mexican immigrants moved in alongside them. The flourishing area changed and evolved from Little Jerusalem into Little Mexico, and gave birth to such Dallas institutions as El Fenix and Luna Tortilla Factory. Later, through eminent domain, the neighborhood saw a flurry of commercial redevelopment.

via D Real Estate Daily » Blog Archive » How Uptown Became One of the Country’s Hottest Submarkets.

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