The Fort Worth Report is reporting that a local “real estate leader has acquired more than 160 acres of land in the Woodhaven neighborhood, including the former Woodhaven Golf Course, with redevelopment plans for the area. Crescendo Development, a real estate development firm headed by Will Northern, acquired the property for $8.5 million in a May 7 foreclosure auction.”

“Northern said that about 92% of Woodhaven’s homes are multifamily or townhomes, yet many of the neighborhood’s 22 apartment complexes are deemed substandard,” FWR wrote.

CLICK HERE TO GET THE DALLAS EXPRESS APP

To read the whole FWR article, click HERE.