at the Dallas Hunter Jumper Scholarship Circuit at the Las Colinas Equestrian Center in Irving, Texas on April 26, 3015. The center has been in the community for the last three decades and will close its doors in May after being bought out by Provident Realty Advisors, Inc. The center is slated to be demolished and transformed into a single-family housing development. (Rose Baca/The Dallas Morning News)
at the Dallas Hunter Jumper Scholarship Circuit at the Las Colinas Equestrian Center in Irving, Texas on April 26, 3015. The center has been in the community for the last three decades and will close its doors in May after being bought out by Provident Realty Advisors, Inc. The center is slated to be demolished and transformed into a single-family housing development. (Rose Baca/The Dallas Morning News)

Dallas Morning News real estate editor Steve Brown reports that after 30 years of operating as a local equestrian center, an 18-acre former riding and stable facility located in the town of Iriving in Dallas has been sold to local developer Provident Realty Advisors.

The Las Colinas Equestrian Center closed last year due to declining business and lack of space. Although square-footage and pricing are still being determined, the company plans to develop the property into 70 single-family lots, which it will then sell to David Weekley Homes.

“It’s kind of sad to see it go,” said Buddy Jordan, one of the former owners who had held the property since the 1990s. “It’s one of those things that Ben Carpenter loved out here. “We already sold part of the land to Uplift North Hills Charter School, which is next door.”

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