By Sarah Scott

Ray Washburne wants Park Cities residents to know that the new Highland Park Village is going to look a lot like the old one.

The real estate investor and restaurateur said he wrapped up negotiations to buy the Village this week. As this article went to press Wednesday, Washburne said he was hammering out final details at a title company.

Washburne had a lot to say about the future of the Dallas’ oldest and most valuable shopping center. Its taxable value has been reported as being $80 million.

Washburne — who bought the center along with his wife, Heather; her sister, Elise Summers; and her husband, Stephen — emphasized that all four are lifelong residents of Highland Park and graduates of Highland Park High School.

Full Story

This entry was posted on Tuesday, May 26th, 2009 at 9:51 am and is filed under Highland Park, Dallas News, Texas, Park Cities News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.