Developer Merhdad Moayedi Lands Key Tract to Build $1B Project in Farmers Branch
Longtime developer Mehrdad Moayedi — the man behind the build-out of the massive redevelopment of The Statler and the finish-out of the Stoneleigh Residences condo tower — has landed a 370-acre key tract of land in Farmers Branch, with plans to build a $1 billion “true mixed-use” development.