A hot issue in Dallas politics right now is the upcoming vote on whether or not to allow the proposed Trinity Toll Road to be built.
A number of Dallas residents
oppose the project as they would prefer to keep the Trinity River area
traffic-free, which seems like a good thing.
SO WHY THE OPPOSITION?
The problem is, though, that JPI, the developer that owns a large portion of land in the Trinity River area, has made its plans for major residential and office projects contingent upon construction of the toll road.
JPI Executive Vice President Jim Fadley has stated that he thinks voters' rejection of the toll road could call a halt to any such development, resulting in a net loss of hundreds of millions of dollars in lost tax revenue.
Continue reading "Today's Trinity River Vote to Affect Dallas Real Estate Market" »
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