Tablet Business

Arlington home builder Ron Formby to receive industry honor

Ron Formby, owner and founder of Antares Homes in Arlington, a nearly 40-year veteran and leader of the Texas home-building industry, is being inducted into the 2014 Texas Housing Hall of Honor in November.

Formby founded Antares Homes in 1998. It has built homes throughout Tarrant County.

The honor is presented by the Texas Association of Builders to recognize men and women who have made significant contributions to the Texas housing industry. The induction will take place Nov. 14 in Austin. Formby has a long history of serving the industry locally, statewide and nationally.

He is a past president of the Greater Fort Worth Builders Association and has served on the Dallas Builders Association board.

He is past president of the Texas Association of Builders and continues to serve on its board. He has been the national vice president for Texas to the National Association of Home Builders.

Formby also holds NAHB designations and is a certified master builder, certified graduate builder, certified green professional and certified aging in place specialist.

The Texas Association of Builders is a nonprofit organization with almost 10,000 members. This is the seventh year of the Texas Housing Hall of Honor.

Hanover Property expanding Mira Lagos

Dallas-based Hanover Property Co. said it will add a $43 million apartment community to its Mira Lagos master-planned community on Joe Pool Lake in Grand Prairie, which it is co-developing with Alpha-Barnes Real Estate Services.

The final phase of 171 single-family homes in Mira Lagos is also underway.

“This addition of luxury apartments in Mira Lagos introduces another high-end product for those who prefer to rent rather than own in a master-planned community,” Hanover President Dick LeBlanc said in a statement. “This upscale apartment community is designed to be compatible with the rest of this highly successful community and will nicely round out our residential offerings.”

The Enclave at Mira Lagos will have 310 apartments; 199 will be built in the first phase. The apartments will be the only ones on the Peninsula at Joe Pool Lake and will have more than 6,400 square feet of amenities including a clubhouse, fitness center, outdoor club patios and mail facilities, the developer said.

Mira Lagos is a 1,000-acre master-planned development south of Interstate 20 near Joe Pool Lake. It has 2,500 homes, three amenities centers and 43 acres of parks and other recreational features.

Alpha-Barnes Real Estate specializes in property management, multifamily investment and apartment development. Alpha-Barnes, through its partners and various ownership entities, has developed more than 80 multifamily communities totaling about 23,000 units.


3407 Ave. D, Arlington

Reuseit LLC has leased 11,607 square feet of warehouse space from Realty Associates Fund VII L.P. Jim Ferris of Bradford Commercial Real Estate Services represented the tenant. Chris Bly and Dan Lawson of Proterra Properties represented the landlord.

5801 Curzon Ave., Fort Worth

Imagery Intelligence, which specializes in real estate photography, has leased 1,000 square feet from Finikunda Inc. Dick Myers of Coldwell Banker Commercial Searcy Vasseur Group represented the landlord. John Green of Elk Castle Realty represented the tenant.

6101 Linton St., Haltom City

The Texas Conference Association of SDA has bought the 7,350-square-foot Haltom City Church of Christ. Gene Livens of Service Realty represented the seller.

200 Kimball Ave., Southlake

The Salt Cave has leased 2,000 square feet in Southlake Corners Shopping Center. Monika Guzman-Perez of Coldwell Banker Commercial Alliance DFW represented the tenant. Kendall Ibsen of the Retail Connection represented the landlord, Inland Western Southlake Corners Kimball L.P.

Related stories from Fort Worth Star Telegram