Dallas buying part of former Dallas Morning News building for $51.7M

Dallas buying part of former Dallas Morning News building for $51.7M

The decision settles a dispute between the city of Dallas and developer Ray Washburne, and has big implications for downtown.

City Council votes to buy former Dallas Morning News site for $51.7 million

Dallas City Council voted 13-2 in favor of buying a large portion of the former Dallas Morning News campus from developer Ray Washburne. The high-stakes real estate deal pitted city planners against the prominent developer, with major implications for the downtown landscape.

City Votes To Spend $51.7M On Former Dallas Morning News Campus

Dallas officials secured a piece of land seen as a key property in the planned $3.7B overhaul and expansion of the Kay Bailey Hutchison Convention Center.