In the Press

September 26th, 2016 by

From Bisnow.com:

WHY IS DALLAS ATTRACTING MILLENNIALS? IT IS ONE ITSELF

Texas attracts new and relocating business for many reasons—including its Central Time Zone, no income tax, strong employee market and pro-business policies. PegasusAblon principal Mike Ablon says Dallas is killing it in the office market for another key reason: Dallas isn’t just a city filled with Millennials, Dallas is a Millennial. Hear more from Mike and many other office experts at the Dallas State of Office event on Sept. 29.

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September 26th, 2016 by

PegasusAblon is honored to have been named #3 on the 2016 Best Places to Work – Micro Companies list from the Dallas business Journal. We were so lucky to compete among over 460 other DFW companies! Congratulations to all of the other finalists.

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August 30th, 2016 by

From dallasbusinessjournal.com

Special Report: Fixing Dallas’ Highway System

Proposed Fair Park redevelopment shows potential benefits of I-30 upgrade.

Taking a side

When Mike Ablon began buying up properties in the Dallas Design District, he knew accessibility to the artsy neighborhood fronting the Trinity River was paramount.

It took time, but, with the help of city and community leaders, Ablon and other stakeholders helped bring greater accessibility from the Dallas North Tollway to Oak Lawn Avenue, which was an important step in connecting the Design District to the rest of Dallas.

The access also helped push the Design District to the forefront. It is now one of Dallas’ hottest neighborhoods undergoing significant transformation.

“When you put the on- and off- ramp at Oak Lawn and look at what happened to Old Parkland and the Design District, those wouldn’t have happened without that help,” said Ablon, the founding principal at Dallas-based PegasusAblon. “It’s about improving a city’s fabric and tying it together.”


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Mike Ablon

February 29th, 2016 by

From D Magazine:

The Dallas 500 is a special edition that celebrates the most influential leaders in North Texas. It’s produced by the editors of D CEO (named the country’s best regional business magazine for the past three consecutive years) who have spent nearly a year doing research and interviews. Unprecedented in scope, The Dallas 500 provides an engaging, personal look at the people who have made Dallas-Fort Worth such a powerful economic force.

Michael Ablon is featured as a real estate leader for the 2016 edition. Here is the excerpt from his interview:

“After working his magic on the Design District, Mike Ablon is now turning his attention to Preston Center and Frisco. Although he has had a string of successes, he says he’s just getting started. ‘I enjoy the overlaying of the evolving American culture over classical architecture and business,’ Ablon says. ‘Done properly, this requires highly disciplined creativity. I hope to become very good at this over the next 20 years.'”

Congratulations to Michael Ablon and the rest of the honorees!

February 4th, 2016 by

Coinciding with the first move-ins at PegasusAblon’s newest project, Ablon at Frisco Square is featured this week in Frisco STYLE magazine as part of the “Heart of Frisco.” Read the full article in the online edition of the magazine here. For more information about the beautiful new property, check out the website here.

December 23rd, 2015 by

HOUSTON, Texas (December 23, 2015)—Houston-based private equity firm Lionstone Investments and Dallas-based developer PegasusAblon announced that they have sold Dallas’ iconic Ross Tower on behalf of an institutional investor who has owned the property since 1999.


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October 21st, 2015 by

DALLAS, Texas –October 21, 2015– PegasusAblon announced today that it has arranged the purchase of the Foch Street Warehouses on behalf of the buyer, Lionstone Investments. Located at 921 and 1001 Foch Street in Fort Worth, the 136,297 square foot retail center is currently 90% leased.


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August 24th, 2015 by

DALLAS, Texas – August 24, 2015 – Lionstone Investments, the Houston-based national real estate investment firm, and Dallas-based real estate developer PegasusAblon announced today the sale of Preston Park. The 169,842-square foot retail center is located at the corner of West Park Boulevard and Preston Road in Plano, Texas, and is anchored by the upscale grocery concept Market Street, which mixes traditional supermarket supplies with specialty items, gourmet foods, and prepared cuisine.


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August 11th, 2015 by

Lionstone Investments, the Houston-based national real estate investment firm, and Dallas-based real estate developer PegasusAblon announced today they will begin construction of a new 12-story, Class A office tower in the heart of Dallas’ Preston Center submarket.  The new building is called the Terraces at Douglas Center, and it is expected to be completed in the first quarter of 2017.


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May 13th, 2015 by

We are in the midst of a massive societal shift, transitioning from the dominance of the Baby Boomers to that of Generation Connected and the experience and knowledge economies they bring in their wake. As we move away from a consumer-based economy, one of the most valuable commodities for a city is proving to be the ability to sustain a highly educated and creative workforce. Interestingly enough, this new workforce is knows their value and operates under the belief that the jobs will come to them. Accordingly, they live where they want to live, in a place that matches their lifestyle, and instead of chasing jobs, jobs come to them.

Progressive cities have figured out that you don’t get great companies to relocate by offering incentives (that was so 1990). Cities recruit great companies by transforming themselves into great places to live, giving new weight to the infrastructure discussions we have been having here in Dallas concerning the likes of Fair Park, the Trinity Corridor and I-345. These projects are proving to be much more than a referendum on transportation and its denizen’s perceived opposition to the tenets of New Urbanism; it is the debate surrounding these projects which will determine whether Dallas takes this opportunity to reconstruct itself as a desirable home for the members and businesses of this new economy.

As we have seen, cities have the ability to correct the unintended consequences of early infrastructure projects. San Francisco achieved this with the replacement of the Embarcadero Freeway, driving the revitalization of South of Market- now a magnet for Tech start-ups. Seattle, following the New Urbanism model of Portland and Milwaukee, replaced the 99 Viaduct with smaller surface streets and public parks focused on opening up its waterfront. The list is long: New York did the same with the High Line and Boston with the Big Dig.


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