“It’s going to transform that whole part of the city,” Cheney told, adding that he expects its economic impact to be bigger than The Star, the 91-acre mixed-use development that includes the Dallas Cowboys headquarters.In late June 2022, Karahan and Hunt Realty informed 11 builders that they had been selected. In the following months, Cheney and his team brought clients to builders.
“[The builders are] not going to spread it out and say, ‘I’m going to e-blast 5,000 Realtors,’” Cheney said. “Rather than doing a shotgun approach, they’re gonna do a rifle approach.” Cheney was aware of the potential of The Preserve early in the development process through his roles as mayor and a longtime real estate broker. The developers and their partners spoke with Cheney about the optics of a potential all-custom community in Fields.
“I can tell you in 100% surety that not Jeff Cheney’s recommendation, not anybody’s recommendation, impacted our decision to select our builders,” Karahan said.requires city officials to abstain from voting if the official, their family members or clients have a financial interest exceeding $50,000. They must disclose any conflicts.