Posted 10/9/2023, 4:07:04 PM
Austin Builder StoryBuilt Homes Shuts Down, Putting 12-Acre Dallas Development Site Up for Sale
- Austin builder StoryBuilt Homes' closing puts 12-acre West Dallas development site back on market
- Site planned for Jolene mixed-use project with 800 condos, townhomes, apartments and retail
- Builder ran into capital constraints like others recently, leading to shutdown and receivership
- All StoryBuilt assets now for sale, including Dallas site and others in Austin, Seattle, Denver
- Opportunity for investors and developers to acquire StoryBuilt projects worth estimated $2 billion