The Perot family has closed on the purchase of additional land across the street from the future Perot family offices in the Turtle Creek area.
The three-acre site is at the southwest corner of Turtle Creek Boulevard and Cedar Springs Road and is one of the few undeveloped pieces of land in the Turtle Creek area. “The Perot family believes strongly in the Turtle Creek neighborhood. We see this property as the last great undeveloped site along the creek,” said Ross Perot Jr., chairman of Hillwood Development.
Construction on the neighboring three-story business campus began in 2014 and is slated for completion in late 2016. Hillwood Urban will be managing the new property and exploring potential development opportunities, which could include office, residential, hotel or restaurant development.
