Construction starting on new Victory Park retail and restaurants (http://bizbeatblog.dallasnews.com/2015/12/construction-starting-on-new-victory-park-retail-and-restaurants.html/)
Steve Brown
December 1, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/victorygarage.jpg


The construction will add 22,030 square feet of retail and restaurant space and will open next summer.

“The completion will be pretty fast,” Fair said. “The building is mostly there – we are just finishing it out.”

Architect RTKL designed the project which has been in the works since last year.


The new building will include a second-floor covered patio connected to a planned restaurant at the northeast corner facing the arena.


Construction is set to begin next year on the vacant block next to the garage, adding a movie theater, apartment tower and more retail.


Construction is now under way on three apartment towers and a low-rise rental community that will add more than 1,500 residential units to Victory Park

Full Article (http://bizbeatblog.dallasnews.com/2015/12/construction-starting-on-new-victory-park-retail-and-restaurants.html/)

New apartments coming at stalled Lake Highlands Town Center (http://bizbeatblog.dallasnews.com/2015/12/new-apartments-coming-at-stalled-lake-highlands-town-center.html/)
Steve Brown
December 3, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/lakemap.jpg


Argyle Residential wants to construct the 4-story, 257-unit apartment building on the west side of White Rock Creek near Skillman Street and Walnut Hill Lane.

Good Fulton & Farrell designed the project.

The new rental community would be across the street from a 200-unit apartment block which opened last year.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/new-apartments-coming-at-stalled-lake-highlands-town-center.html/)

Developer gets dirt flying on Oak Lawn rental community (http://bizbeatblog.dallasnews.com/2015/12/developer-gets-dirt-flying-on-oak-lawn-rental-community.html/)
Steve Brown
December 7, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/modera.jpg


The 207-unit building started construction this weekend on Cedar Springs Road a block south of Oak Lawn Avenue.

“We closed on the site on Friday and have started,” said Mill Creek’s Rick Perdue. “It doesn’t get any faster than that.”


The building – called Modera Turtle Creek – will open in late 2017.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/developer-gets-dirt-flying-on-oak-lawn-rental-community.html/)

Cypress Waters headquarters move could bring almost 1,000 workers (http://bizbeatblog.dallasnews.com/2015/12/cypress-waters-headquarters-move-could-bring-almost-1000-workers.html/)
Steve Brown
December 7, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/cypress.jpg


OneSource Virtual would bring 900 workers to a building under construction at 9001 Cypress Waters Blvd., according to documents filed with the City of Dallas’ economic development committee.

The company would locate in the 4-story, 215,000 square-foot office project that is set to open next year.


And by 2019, OneSource Virtual is projected to have at least 1,300 workers at Cypress Waters, according to the city.



Full Article (http://bizbeatblog.dallasnews.com/2015/12/cypress-waters-headquarters-move-could-bring-almost-1000-workers.html/)

Trammell Crow Co. affiliate begins construction on new 20-story tower in Uptown (http://www.bizjournals.com/dallas/news/2015/12/07/trammell-crow-co-affiliate-begins-construction-on.html)
Candace Carlisle
December 7, 2015

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http://www.dallasnews.com/business/commercial-real-estate/20140923-crow_0924bus_39917785.jpg.ece/BINARY/original/CROW_0924BUS_39917785.JPG


"After more than two years of pre-development work, including working with the non-profit McKinney Avenue Transit Authority to provide additional space for the expansion of their trolley service in Uptown, we are thrilled to be under construction on M-Line Tower," said Joel Behrens, principal of Trammell Crow Co.'s Dallas-Fort Worth business unit and a board member of the transit authority.



Upon completion, the tower will include a 5,548-square-foot Cafe Express restaurant and 1,730 square feet of space for the new McKinney Avenue Transit Authority trolley barn and executive office.


Construction is slated to be complete in 2017.

Full Article (http://www.bizjournals.com/dallas/news/2015/12/07/trammell-crow-co-affiliate-begins-construction-on.html)

Jerry Jones’ Blue Star Land is ready to start 1,800-home community in Prosper (http://bizbeatblog.dallasnews.com/2015/12/jerry-jones-blue-star-land-is-ready-to-start-1800-home-community-in-prosper.html/)
Steve Brown
December 7, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/prestontrailsmap.jpg


“We are in city hall with plans for an 1,800-home lot development called Star Trail,” Joe Hickman, who heads Blue Star Land, said Monday. “The first phase will be approximately 400 home lots on the northwest corner of Prosper Trail and the Dallas North Tollway


“By 2017 this is going to look very different.”

Full Article (http://bizbeatblog.dallasnews.com/2015/12/jerry-jones-blue-star-land-is-ready-to-start-1800-home-community-in-prosper.html/)

Granite Properties breaks ground for Southlake office project (http://bizbeatblog.dallasnews.com/2015/12/granite-properties-breaks-ground-for-southlake-office-project.html/)
Steve Brown
December 8, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/granite.jpg


The 161,000-square-foot Granite Place building is under construction starting today in the Southlake Town Square, north of State Highway 114.

T he 7-story office project was designed by Dallas’ Beck Group, which is also the general contractor.

The office project is scheduled to open late next year.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/granite-properties-breaks-ground-for-southlake-office-project.html/)

MetLife and developer Panattoni team up on big Lancaster industrial park (http://bizbeatblog.dallasnews.com/2015/12/metlife-and-developer-panattoni-team-up-on-big-lancaster-industrial-park.html/)
Steve Brown
December 9, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/Midpoint-.jpg


Metropolitan Life Insurance and Panattoni Development Co. are teaming up to build a 250-acre industrial park in Lancaster.

The MidPoint Logistics Center is being built at Interstate 20 and Dallas Avenue and will have almost 4 million square feet of warehouse space.


Four buildings in the project will range from 340,200 square feet to 1.6 million square feet.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/metlife-and-developer-panattoni-team-up-on-big-lancaster-industrial-park.html/)

New apartments in the works near Garland’s Firewheel Town Center (http://bizbeatblog.dallasnews.com/2015/12/new-apartments-in-the-works-near-garlands-firewheel-town-center.html/)
Steve Brown
December 10, 2015

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The project is located near the Firewheel Town Center development at Bush Turnpike and Bunker Hill Road.


The project called The Domain at Firewheel will have about 300 units in the first phase. Construction is to start by the second quarter of 2016.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/new-apartments-in-the-works-near-garlands-firewheel-town-center.html/)

Gateway residential community project to transform Forney (http://www.dallasnews.com/business/residential-real-estate/20151210-gateway-residential-community-project-to-transform-forney.ece)
Steve Brown
December 10, 2015

http://www.dallasnews.com/business/residential-real-estate/20151210-1210bus_forney.ece/BINARY/1210bus_forney


The 1,850-home Gateway Parks project on U.S. Highway 80 in Forney is the biggest section yet in a larger development in the works for more than a decade.

The 2,000-acre community will contain everything from apartments and shopping centers to offices and single-family homes.


Homes in the Gateway Parks residential community will start between $200,000 and $300,000.


And a 40-acre shopping center is planned at U.S. 80 and Gateway Boulevard.


“We’ve also teamed up with the city to have a water park on part of the land that will open in the spring of 2017,” Bain said.

Full Article (http://www.dallasnews.com/business/residential-real-estate/20151210-gateway-residential-community-project-to-transform-forney.ece)

Champions Park Breaks Ground at Northeast Corner of I-30 in Arlington (http://www.arlington-tx.gov/news/2015/12/10/champions-park-breaks-ground-at-northeast-corner-of-i-30-in-arlington/#sthash.wSJKRclg.dpuf)
Ryan Hunt
December 10, 2015

https://shopcompanies.com/sites/default/files/styles/rs_banner_1277w/public/arlington-collins-628.jpg?itok=ry2hgUU3


Greenway Investment Company broke ground today to mark the start of construction for Champions Park – Phase I. The project will include 4 retail/restaurant buildings totaling 54,000 square feet of inline space. In addition, there will be four premier restaurant sites nestled into a half-acre festival park area.

Phase I is slated for completion by the fall of 2016. Torchy’s Tacos and Tokyo Joe’s are the first restaurant leases to be signed, and Greenway is working leases with several other high profile restaurants and retailers.

Full Article (http://www.arlington-tx.gov/news/2015/12/10/champions-park-breaks-ground-at-northeast-corner-of-i-30-in-arlington/#sthash.wSJKRclg.dpuf)

Arlington mixed-use project ‘a game-changer for downtown’ (http://www.star-telegram.com/news/local/community/arlington/article36104031.html)
Robert Cadwallader
September 22, 2015

http://www.star-telegram.com/news/local/community/arlington/3voe4t/picture36104022/ALTERNATES/FREE_960/101%20Center%204%20&%206%20floor%20mixed


In a first for Arlington, Catalyst Urban Development of Dallas is set to break ground next month on a 22-month project to build a mixed-use complex designed around a “live-work-play” concept. It will feature 221 high-end apartments over a first floor of retail businesses, including shops; a 1,500-square-foot exercise gym; potentially multiple restaurants; and many other tenants.


Catalyst principal Paris Rutherford said that the garage side of the apartment building will have small office spaces — about 1,000 square feet — for small businesses like certified public accountants and people who work from home. Those tenants could work and sleep in those “live-work units.”

Full Article (http://www.star-telegram.com/news/local/community/arlington/article36104031.html)

Arlington considering $200 million proposed development near Rangers ballpark (http://thescoopblog.dallasnews.com/2015/12/arlington-considering-200-million-proposed-development-near-rangers-ballpark.html/)
Claire Z. Cardona
December 12, 2015

http://thescoopblog.dallasnews.com/files/2015/12/Article-Entertainment-District-12-11-15.jpg


The agreement, which would be a public-private partnership between the city and the Rangers, calls for a hotel with at least 300 rooms and 35,000 square feet of meeting and convention space.

The complex would be the southwest corner of Nolan Ryan Expressway and East Randol Mill Road, currently the site of Rangers parking lots.


Construction would begin next year.

Full Article (http://thescoopblog.dallasnews.com/2015/12/arlington-considering-200-million-proposed-development-near-rangers-ballpark.html/)

Ah Sic'Em you beat me to it...I was going to post that Arlington article.

Plano council OKs $2.3 million incentive for 175 more apartments in Downtown (http://planoblog.dallasnews.com/2015/12/council-oks-2-3-million-incentive-for-175-more-apartments-in-downtown.html/)
Kristen Taketa
December 15, 2015


The five-story buildings will have 12,800 feet of non-residential space and four stories of apartments on top of that. A three-level garage with 120 public parking spaces – 50 more than the current parking lot on the site – will be nestled underneath. The whole project is supposed to be worth $27 million, at minimum.


Demolition will start in February, construction in the following July, and it’ll be two years and a month before the buildings are expected to be finished in August 2018.

Full Article (http://planoblog.dallasnews.com/2015/12/council-oks-2-3-million-incentive-for-175-more-apartments-in-downtown.html/)

New renderings for 2850 Harwood (http://www.2850harwood.com).

Old vs new:

1193411935
1193611937
1193811939
1194011941

JP Morgan to partner on North Dallas apartment community (http://bizbeatblog.dallasnews.com/2015/12/jp-morgan-to-partner-on-north-dallas-apartment-community.html/)
Steve Brown
December 15, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/preston.jpg


Called The Laurel, the 4-story project is just across Northwest Highway from the popular Preston Center shopping and office district.


“This luxury product will be comprised of larger homes that cater to the nearby down-scaling and renters-by-choice that want to stay in this prestigious neighborhood with the bonus of the adjacent Preston Center amenities.”

Full Article (http://bizbeatblog.dallasnews.com/2015/12/jp-morgan-to-partner-on-north-dallas-apartment-community.html/)

Lincoln Property is starting work on new Dallas Arts District tower (http://bizbeatblog.dallasnews.com/2015/12/lincoln-property-is-starting-work-on-new-dallas-arts-district-tower.html/)
Steve Brown
December 16, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/lincoln.jpg


Less than six months after buying the high-profile corner of Woodall Rodgers Freeway and Pearl Street in the Dallas Arts District, the developer is breaking ground on a 25-story office high-rise.

The 260,000-square-fooot metal and glass tower will go up right next door to the Meyerson Symphony Center.


The building will open in about 18 months.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/lincoln-property-is-starting-work-on-new-dallas-arts-district-tower.html/)

Central Dallas to see big boom in hotel rooms (http://bizbeatblog.dallasnews.com/2015/12/central-dallas-to-see-big-boom-in-hotel-rooms.html/)
Karen Robinson-Jacobs
December 16, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/hotels-chart-1.jpg


Now, more than a dozen hotels – with more than 2,500 rooms – are in the pipeline or already open in a central Dallas area that includes downtown, Uptown, the Cedars, the Design District and the area near Baylor University Medical Center.


Based on a raft of public announcements, Downtown Dallas Inc. estimates there are at least 14 hotels slated to open between fall of 2015 and the end of 2018. That’s the biggest rooms expansion in central Dallas in memory, said John Crawford, who heads the organization that champions downtown development.


Twenty-four major conventions – called citywides – are expected in Dallas in 2016. That’s up from 22 held in 2015, but it’s a 26 percent jump from 2012, the first full year of operation for the Omni. And the city is working with popular travel guide Lonely Planet to boost Dallas’ appeal to tourists.


Full Article (http://bizbeatblog.dallasnews.com/2015/12/central-dallas-to-see-big-boom-in-hotel-rooms.html/)

Developers starting new apartment community at Dallas’ Midtown Park (http://bizbeatblog.dallasnews.com/2015/12/developers-starting-new-apartment-community-at-dallas-midtown-park.html/)
Steve Brown
December 17, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/provident.jpg


The 302-unit, $40 million development is going up at Meadow and Rambler Roads.


Apartments in the new project will range in size from 590 square feet to 1,552 square feet.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/developers-starting-new-apartment-community-at-dallas-midtown-park.html/)

View of Klyde Warren Park from the new Arts District tower.

Park District, the two towers in the center, are visible.

http://i628.photobucket.com/albums/uu5/BCB_01/Screen%20Shot%202015-12-17%20at%2010.41.24%20PM.png (http://s628.photobucket.com/user/BCB_01/media/Screen%20Shot%202015-12-17%20at%2010.41.24%20PM.png.html)

First Two Businesses Approved for Westlake Entrada (https://westlake.bubblelife.com/community/town_of_westlake/library/35889533/key/351658413/First_Two_Businesses_Approved_for_Westlake_Entrada )
Susan McFarland
December 16, 2015

https://westlake.bubblelife.com/viewimage/key/356869620/cvs.png?w=655&h=655

https://westlake.bubblelife.com/viewimage/key/356869120/primrose.png?w=655&h=655


Mayor Laura Wheat asked representatives from both CVS and Primrose if they had ever seen a development style like this and both smiled and said “No,” acknowledging that the architecture standards are far higher and more complex than found elsewhere.

From the tile roofs to the pave stone streets, Entrada will reflect the feel of a Catalonian village. This upscale live-work-play center will include retail, restaurants, hotels, entertainment, office and medical space, water features, an amphitheater, conference center uses and about 300 single family detached homes, villas, and town homes.

Wheat stressed the importance of successful design and quality construction for these first buildings in the development.

Full Article (https://westlake.bubblelife.com/community/town_of_westlake/library/35889533/key/351658413/First_Two_Businesses_Approved_for_Westlake_Entrada )

I went to Dallas last Saturday (first time since October 2014) and was impressed to see US 75 expanded to 8 lanes (4 each way) to north of McKinney.

I went to Dallas last Saturday (first time since October 2014) and was impressed to see US 75 expanded to 8 lanes (4 each way) to north of McKinney.Yeah it's an awesome highway. They are fixing to widen it again and do it what they they did to LBJ Freeway which is beautiful.

A plan to expand Klyde Warren Park to the Perot Museum is in the works (http://cityhallblog.dallasnews.com/2015/12/a-plan-to-expand-klyde-warren-park-is-in-the-works.html/)
Robert Wilonsky
December 23, 2015

http://cityhallblog.dallasnews.com/files/2015/12/KWP1.jpg


Now, there is a plan in the works to expand the park, adding acres to its 5.2-acre footprint and bringing it closer to the Perot Museum of Nature and Science.

Wednesday afternoon, Jody Grant, chairman of the Woodall Rodgers Park Foundation and the key fundraiser for the park, confirmed long-swirling rumors that he’s in talks to extend the popular park all the way to North Field Street.


Grant says he’s been “consulting with architects” about a plan, but nothing’s been done other than a conceptual video and a few renderings shown to a select few, including the mayor.


Rawlings said what he’s seen so far shows two elevated walkways — one from the west end of the park to the second floor of the Perot, and another to the Arts District.

Full Article (http://cityhallblog.dallasnews.com/2015/12/a-plan-to-expand-klyde-warren-park-is-in-the-works.html/)

International firm Interceramic will move U.S. headquarters to Carrollton (http://bizbeatblog.dallasnews.com/2016/01/international-firm-interceramic-will-move-u-s-headquarters-to-carrollton.html/)
Steve Brown
January 5, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/Interceramic.jpg


An international tile and building materials firm is moving its U.S. headquarters from Garland to Carrollton.

Interceramic will build a 330,000-square-foot office building in developer Billingsley Co.’s Austin Ranch.

The company will move about 150 workers to the project it’s finished late this, including top execs.


The new building will be constructed at the southwest corner of Parker Road and Plano Parkway.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/international-firm-interceramic-will-move-u-s-headquarters-to-carrollton.html/)

Developers woo office project for West Dallas’ Trinity Groves complex (http://bizbeatblog.dallasnews.com/2015/12/developers-woo-office-project-for-west-dallas-trinity-groves-complex.html/)
Steve Brown
December 30, 2015

http://bizbeatblog.dallasnews.com/files/2015/12/trinitymap-1024x621.jpg


The owners of the popular Trinity Groves restaurant complex – West Dallas Investments L.P. – are seeking a developer or investors to build a high-rise office building at the western end of the Margaret Hunt Hill Bridge.

The 3.1-acre first class office project would be built next door to the Trinity Groves complex and across the street from where developer Columbus Realty just broke ground on an apartment community.

Construction on the office project would start next year at Singleton Boulevard and Gulden Lane, according to marketing material for the building.

Full Article (http://bizbeatblog.dallasnews.com/2015/12/developers-woo-office-project-for-west-dallas-trinity-groves-complex.html/)

Los Angeles-based investor plans $100 million makeover for Texas Instruments former Plano campus (http://bizbeatblog.dallasnews.com/2016/01/los-angeles-based-investor-plans-100-million-makeover-for-texas-instruments-former-plano-campus.html/)
Steve Brown
January 5, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/tiplano.jpg


Regent Properties plans to convert the 84-acre high-tech center at Legacy Drive and Central Expressway into an office and mixed-use complex.

The new owner plans to renovate four existing buildings while looking at potential construction on 16 acres of undeveloped properties on the campus.

Regent says it will consider developments of restaurants, a hotel, and retail and additional office buildings on the site, which can accommodate up to 3.7 million square feet of construction.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/los-angeles-based-investor-plans-100-million-makeover-for-texas-instruments-former-plano-campus.html/)

$260 million home community coming on Lake Lewisville (http://bizbeatblog.dallasnews.com/2016/01/260-million-home-community-coming-on-lake-lewisville.html/)
Steve Brown
January 5, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/northlake.jpg


The $260 million Northlake Estates project will include building lots for 750 homes, walking trails and a community center.

Construction is scheduled to start in the first quarter with the first homes available in 2017.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/260-million-home-community-coming-on-lake-lewisville.html/)

Accounting firm PwC to move from downtown to anchor new Uptown tower complex (http://www.dallasnews.com/business/commercial-real-estate/headlines/20160106-accounting-firm-pwc-to-move-from-downtown-to-anchor-new-uptown-tower-complex.ece)
Steve Brown
January 6, 2016

http://www.dallasnews.com/business/commercial-real-estate/headlines/20160106-pwcmove_0107bus_48091307.ece/BINARY/w940/PWCMOVE_0107BUS_48091307


Construction will start on the $250 million project next week.

The 2-tower development at Pearl Street and Woodall Rodgers will include an office tower and 34-story apartment high-rise. PwC will lease 200,000 square feet of space in the Park District project — the first business to commit to the development.


At Park District, PwC will occupy eight floors of the 20-story tower.

Along with the 500,000 square feet of office space, Park District includes 253 luxury residential units and restaurant and retail space facing the park.

Full Article (http://www.dallasnews.com/business/commercial-real-estate/headlines/20160106-accounting-firm-pwc-to-move-from-downtown-to-anchor-new-uptown-tower-complex.ece)

Trammell Crow Residential working on Uptown high-rise (http://bizbeatblog.dallasnews.com/2016/01/trammell-crow-residential-working-on-uptown-high-rise.html/)
Steve Brown
January 4, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/crowsite.jpg


The Dallas-based developer is working on plans for an apartment tower at Carlisle and Vine streets near Turtle Creek and the Katy Trail, according to plans filed with the City of Dallas.


Crow Residential plans to build a 15-story tower on the Carlisle site.


More than a dozen high-rise residential projects are under construction or planned in Dallas’ Uptown, downtown and Oak Lawn districts.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/trammell-crow-residential-working-on-uptown-high-rise.html/)

Southwest Airlines looking at headquarters complex expansion at Love Field (http://bizbeatblog.dallasnews.com/2016/01/southwest-airlines-looking-at-headquarters-complex-expansion-at-love-field.html/)
Steve Brown
January 4, 2016


The airline has filed land plans with the City of Dallas for a more than 14-acre tract of land on Denton Drive west of Love Field.


“We are also in the process of evaluating an opportunity for a new building on campus,” Southwest’s Lori Crabtree said in an email.


“We’ve requested a special use permit through zoning to build a pedestrian bridge over Denton Drive which will connect our headquarters building and our Training Operational Support building,” Crabtree said.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/southwest-airlines-looking-at-headquarters-complex-expansion-at-love-field.html/)

Exclusive: Cityplace, Forest City to develop new West Village hotel and apartment tower (http://www.bizjournals.com/dallas/news/2016/01/07/exclusive-cityplace-forest-city-to-develop-new.html)
Candace Carlisle
January 7, 2016

https://lh3.googleusercontent.com/proxy/5Xcu_VGH88YgY4LA_f6zJwMcsWzFFJ17ntL7hfUiV_7FnmnydX W_iXvSfOKMeGVg_nuuQzcDKxuRFpWKkhPVIL3FsgLl0czh-y-8I6opzAI_xdMigWagGk-WQxCx05ZNVRI=w692-h388-p


The group plans to build a nine-story, 150-room hotel with a connected 24-story, 389-unit residential tower that would sit on one of the last remaining tracts between Cityplace Boulevard West and Blackburn Street in the West Village on 2.6 acres.


The walkable aspect of West Village helped sell Hilton on the neighborhood to bring its newly created Canopy flag to the site, Alan Naul, founder of The Javelin Group.


Master developer Cityplace Co. resisted the temptation to build a sky-high hotel looking south to downtown Dallas' skyline to cater to the boutique hotel and give the high-rise views to West Village residents.


If all goes well, Sleeper said the team could select a general contractor by the end of the month. Construction on the tower could get underway in February.

Full Article (http://www.bizjournals.com/dallas/news/2016/01/07/exclusive-cityplace-forest-city-to-develop-new.html)

JP Morgan Chase picks Plano’s Legacy West for new North Texas campus (http://bizbeatblog.dallasnews.com/2016/01/jp-morgan-chase-picks-planos-legacy-west-for-new-north-texas-campus.html/)
Steve Brown
January 7, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/legwest.jpg


JP Morgan Chase has decided to move 6,000 workers to a new office campus at the southwest corner of the Dallas North Tollway and State Highway 121.

“We have signed the letter of intent to build at Legacy West,” JP Morgan Chase spokesman Greg Hassell said Thursday morning. “Construction is going to begin this year.”


Within two years more than 13,000 people will be working in the Legacy West project – making it one of the largest new job centers in the state.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/jp-morgan-chase-picks-planos-legacy-west-for-new-north-texas-campus.html/)

Fannie Mae looking at Plano’s Granite Park project for major office move (http://bizbeatblog.dallasnews.com/2016/01/fannie-mae-looking-at-planos-granite-park-project-for-major-office-move.html/)
Steve Brown
January 5, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/Granite-park-aerial.jpg


After looking at multiple locations along the Dallas North Tollway, mortgage giant Fannie Mae has zeroed in on a West Plano project for its new regional headquarters.


Fannie Mae has an agreement with Granite Properties to locate in a new tower in its Granite Park development at the tollway and State Highway 12.

The mortgage firm has been scouting the market for up to 300,000 square feet of office space

Full Article (http://bizbeatblog.dallasnews.com/2016/01/fannie-mae-looking-at-planos-granite-park-project-for-major-office-move.html/)

950-home community planned for fabled Clements Ranch east of Dallas (http://bizbeatblog.dallasnews.com/2016/01/950-home-community-planned-for-fabled-clements-ranch-east-of-dallas.html/)
Steve Brown
January 6, 2016


Developers have filed plans with the City of Dallas to build a 950-home residential community on almost 260 acres that for decades was owned by the family of the late Texas Governor William Clements.

The property located north of U.S. Highway 80 is on the shores of Lake Ray Hubbard.


“The grand opening we will time to be in February or March of 2017,” he said.

The planned residential neighborhoods would be built with a series of parks and public areas.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/950-home-community-planned-for-fabled-clements-ranch-east-of-dallas.html/)

A first look at JP Morgan Chase's new regional campus at Plano's Legacy West (http://www.bizjournals.com/dallas/news/2016/01/08/a-first-look-at-jp-morgan-chases-new-regional.html)
Candace Carlisle
January 8, 2016

https://lh3.googleusercontent.com/proxy/ZYON25uYkok5T39eJ46Ucv1DI-8Rsx916mDlnkZfZj4syC_kHBAIL-3Dr_OnXhwkjp-YliftgdzhWDVBXJJ3FpO-c5jxRq4sxPGDrkYeXsfcbFStiR_br_R8yRijzuafTscyQHZ-UQ=w692-h388-p
12040


With Toyota North America's $350 million, 2.1 million-square-foot corporate campus underway and Liberty Mutual Insurance readying its $325 million, 1 million-square-foot regional hub for vertical construction, it would appear J.P. Morgan Chase & Co.'s new regional hub could pencil out to more than $200 million of real and business personal property.


The 800,000 square feet of office space is expected to be spread out throughout a number of buildings. In an early rendering of the campus, J.P. Morgan Chase appears to have four mid-rise office buildings (attached).



Construction on the campus is slated to begin this year. The first J.P. Morgan Chase employees could move into the new campus starting in the second half of 2017.


Full Article (http://www.bizjournals.com/dallas/news/2016/01/08/a-first-look-at-jp-morgan-chases-new-regional.html)

****, I wish we could land just a few of these deals in OKC.

****, I wish we could land just a few of these deals in OKC.

Heck, a couple of them in a year would be great. DFW gets these monthly, it would seem.

One thing that I'm a little disappointed with is a lack of "significant" high rise development on the current pace of Austin and Houston. I was on SSC recently and was stunned to see that arguably 18/20 (just using a rough estimate) of the proposed highrises in TX right now were in Austin and Houston, and about only two (that I saw) were in DFW and they were both under 500'.

And I say disappointed, as in I would love to see the Dallas skyline expand a little more. Not meant to be an insult.

Heck, a couple of them in a year would be great. DFW gets these monthly, it would seem.

No kidding. It's unreal. Just the Chase deal alone would have been a tremendous coup for OKC.

You do realize JP Morgan Chase campus is largely a consolidation of their existing facilities down here, correct? Liberty Mutual is the same, although they are going to be adding some new employees if I am not mistaken.


One thing that I'm a little disappointed with is a lack of "significant" high rise development on the current pace of Austin and Houston. I was on SSC recently and was stunned to see that arguably 18/20 (just using a rough estimate) of the proposed highrises in TX right now were in Austin and Houston, and about only two (that I saw) were in DFW and they were both under 500'.

And I say disappointed, as in I would love to see the Dallas skyline expand a little more. Not meant to be an insult.

Not an insult...its the truth TBH. I'll say this, I am very thankful to work for a company where the CEO wants to have a Dallas address. My job is not located in Downtown Dallas, but we are in a somewhat dense, walkable area in the Galleria area. We have a lot of younger workers who live in more up and coming areas in the city of Dallas.

As nice as these things are, we are very much the minority as far as this area is concerned. The mentality here is very different. I won't say people are hostile to urban Dallas, but people move to DFW from the coasts so they can get their 4K square foot house in the suburbs for cheap and really aren't too keen on driving too far for work. It also doesn't help matters that the city of Dallas is lousy at attracting jobs and companies and can be flatly anti-development at times. Of course the burbs are more than eager to take advantage of this.

I should note that JP Morgan is pulling 1,000+ employees out of downtown to go to their new campus...really cannot think of anywhere else where this is happening at the level it is here. Its disappointing.

You do realize JP Morgan Chase is largely a consolidation of their existing facilities down here, correct?

Yes. You do realize they also looked at other cities before deciding to consolidate in north Texas, correct?

They were largely looking at cities in this area...in no way, shape or form was Chase thinking of moving 6K workers out of DFW. The article was somewhat ambiguous on that. This move has been in the news for some time and a lot of DFW suburbs have been jockeying for it.

Not really a fan of a company getting $100 million to shift jobs 15-20 miles up the road, but that's another post for another day.

Here is a non-comprehensive list of new construction in Dallas and surrounding communities:

Dallas Developments

Under Construction:

Bleu Ciel | 33FL | Residential
Katy Station | 28FL | Residential | GF retail
Skyhouse | 24FL | Residential | GF retail
The Jordan | 23FL | Residential | GF retail
M-Line Tower | 23FL | Residential | GF retail
The Ascent | 23FL | Residential | GF retail
The McKenzie | 23FL | Residential
One Uptown | 19FL | Residential | GF retail
The Case | 17FL | Residential
McKinney & Olive | 21FL | Office | GF retail
1920 McKinney Ave | 12FL | Office | GF retail
Terraces at Douglas Center | 12FL | Office
Baylor Medical Center Expansion | 10FL | Medical
Starwood Hotel Development | 9FL | Hospitality
Rolex Building | 7FL | Office

Soon to be under construction:

Flora & Olive Lofts | 39FL | Residential | GF retail
Park District | 34FL Residential / 20FL Office | GF retail
The Union | 28FL Residential / 20FL Office | GF retail
2000 Ross Ave | 26FL Residential / 14FL Hospitality | GF retail
Hall Arts Condo Tower | 25FL Residential / 11FL Hospitality | GF retail
Canopy West Village | 24FL Residential / 9FL Hospitality | GF retail
1900 Pearl | 23FL | Office | GF retail
Victory Center | 23FL | Office | GF retail
2505 Turtle Creek Blvd | 22FL | Residential
Cinepolis | 20FL | Residential | GF retail
Virgin Hotel | 20FL | Hospitality | GF retail
Oliver + Central | 19FL | Residential
2610 Maple Ave | 14FL | Office | GF retail
Ventana | 12FL 2x | Residential

Proposed:

Ross Perot Tower | 50-100FL | Office
Harwood Forum | 30-80FL Mixed-Use Development
Pacific Plaza Redevelopment | 30-75FL Mixed-Use Development
Hall Arts Office Tower | 50FL | Office | GF retail
Pelli South Asian Museum | 39FL Residential/Office/Museum
Harwood Block XII | 31FL | Office
Alpha Tower | 27FL | Residential
2826 N Harwood | 23FL | Office | GF retail
Streetlights Hall & Howell | 17-25FL | Residential
The Spire | 18-35FL Mixed-Use Development
Design District Tower | 16FL | Office
Crow Residential @ Carlisle & Vine | 15FL | Residential
The Pearl | 14FL | Residential
The Epic | 14FL | Office/Residential/Hospitality
Two Arts Plaza | 12FL | Office | GF retail
Trinity Groves Tower | Office
St. Michaels & All Angels Church Tower | Office

Other Developments

Under Construction:
Frost Tower | 26FL | Office | GF retail | Fort Worth
River Tower | 23FL | Residential | Fort Worth
Liberty Mutual Regional HQ @ Legacy West | 20FL 2x | Office | Plano
Omni @ The Star | 17FL | Hospitality | Frisco
Renaissance Hotel @ Legacy West | 17FL | Hospitality | Plano
One Legacy West @ Legacy West | 14FL | Office | Plano
Lakeside Tower @ Lakeside DFW | 14FL | Residential | GF retail | Flower Mound
State Farm Regional HQ Tower IV | 12FL | Office | GF retail | Richardson
Music Factory Mixed-Use Development @ Las Colinas | 9FL | Irving
Granite Tower @ Southlake Town Square | 7FL | Office | GF retail | Southlake

Proposed:

Langham Hotel @ Wade Park | 35FL | Hospitality | Frisco
Palladium Tower @ Legacy West | 30FL | Residential | Plano
Windrose @ Legacy West | 24FL | Residential | Plano
One Haggard Place | 20FL | Residential | Plano
Platinum Tower | 12FL | Office | Plano
Fannie Mae Regional HQ @ Granite Park | 12-16FL | Office | Plano
Pearl on the Peninsula Hotel & Conference Center @ Lakeside DFW | 12FL | Hospitality | Flower Mound
Globe Life Park Complex | 11FL | Hospitality | GF retail | Arlington
JP Morgan Chase Regional HQ @ Legacy West | 10FL 9FL 7FL 2x | Office | Plano
Westin | 7FL | Hospitality | Southlake
Verizon Mixed-Use Development @ Las Colinas | Irving
Fort Worth Convention Center Hotel | 1,000 rooms | Fort Worth

Here is a non-comprehensive list of new construction in Dallas and surrounding communities:

Dallas Developments

Under Construction:

Bleu Ciel | 33FL | Residential
Katy Station | 28FL | Residential | GF retail
Skyhouse | 24FL | Residential | GF retail
The Jordan | 23FL | Residential | GF retail
M-Line Tower | 23FL | Residential | GF retail
The Ascent | 23FL | Residential | GF retail
The McKenzie | 23FL | Residential
One Uptown | 19FL | Residential | GF retail
The Case | 17FL | Residential
McKinney & Olive | 21FL | Office | GF retail
1920 McKinney Ave | 12FL | Office | GF retail
Terraces at Douglas Center | 12FL | Office
Baylor Medical Center Expansion | 10FL | Medical
Starwood Hotel Development | 9FL | Hospitality
Rolex Building | 7FL | Office
Soon to be under construction:
Flora & Olive Lofts | 39FL | Residential | GF retail
Park District | 34FL Residential / 20FL Office | GF retail
The Union | 28FL Residential / 20FL Office | GF retail
2000 Ross Ave | 26FL Residential / 14FL Hospitality | GF retail
Hall Arts Condo Tower | 25FL Residential / 11FL Hospitality | GF retail
Canopy West Village | 24FL Residential / 9FL Hospitality | GF retail
2505 Turtle Creek Blvd | 22FL | Residential
Cinepolis | 20FL | Residential | GF retail
Oliver + Central | 19FL | Residential
Ventana | 12FL 2x | Residential
1900 Pearl | 23FL | Office | GF retail
Victory Center | 23FL | Office | GF retail
2610 Maple Ave | 14FL | Office | GF retail
Virgin Hotel | 20FL | Hospitality | GF retail

Proposed:

Ross Perot Tower | 50-100FL | Office
The Epic | 14FL | Office/Residential/Hospitality
Harwood Block XII | 31FL | Office
2826 N Harwood | 23FL | Office | GF retail
Two Arts Plaza | 12FL | Office | GF retail
The Pearl | 14FL | Residential
Streetlights Hall & Howell | 17-25FL | Residential
Harwood Forum | 30-80FL Mixed-Use Development
Pacific Plaza Redevelopment | 30-75FL Mixed-Use Development
The Spire | 18-35FL Mixed-Use Development
Hall Arts Office Tower | 50FL | Office | GF retail
Alpha Tower | 27FL | Residential
Design District Tower | 16FL | Office
Pelli South Asian Museum | 39FL Residential/Office/Museum
Trinity Groves Tower | Office
Crow Residential @ Carlisle & Vine | 15FL | Residential
St. Michaels & All Angels Church Tower | Office

Other Developments

Under Construction:

Frost Tower | 26FL | Office | GF retail | Fort Worth
River Tower | 23FL | Residential | Fort Worth
Liberty Mutual Regional HQ @ Legacy West | 20FL 2x | Office | Plano
Omni @ The Star | 17FL | Hospitality | Frisco
Renaissance Hotel @ Legacy West | 17FL | Hospitality | Plano
One Legacy West @ Legacy West | 14FL | Office | Plano
Lakeside Tower @ Lakeside DFW | 14FL | Residential | GF retail | Flower Mound
State Farm Regional HQ Tower IV | 12FL | Office | GF retail | Richardson
Music Factory Mixed-Use Development @ Las Colinas | 9FL | Irving
Granite Tower @ Southlake Town Square | 7FL | Office | GF retail | Southlake

Proposed:

Langham Hotel @ Wade Park | 35FL | Hospitality | Frisco
Palladium Tower @ Legacy West | 30FL | Residential | Plano
Windrose @ Legacy West | 24FL | Residential | Plano
One Haggard Place | 20FL | Residential | Plano
Platinum Tower | 12FL | Office | Plano
Fannie Mae Regional HQ @ Granite Park | 12-16FL | Office | Plano
Pearl on the Peninsula Hotel & Conference Center @ Lakeside DFW | 12FL | Hospitality | Flower Mound
Globe Life Park Complex | 11FL | Hospitality | GF retail | Arlington
JP Morgan Chase Regional HQ @ Legacy West | 10FL 9FL 7FL 2x | Office | Plano
Westin | 7FL | Hospitality | Southlake
Verizon Mixed-Use Development @ Las Colinas | Irving
Fort Worth Convention Center Hotel | 1,000 rooms | Fort Worth

That is really just unreal. The metroplex continues to boom.

They were largely looking at cities in this area...in no way, shape or form was Chase thinking of moving 6K workers out of DFW. The article was somewhat ambiguous on that. This move has been in the news for some time and a lot of DFW suburbs have been jockeying for it.

Not really a fan of a company getting $100 million to shift jobs 15-20 miles up the road, but that's another post for another day.

I get that they are mainly consolidating so that wasn't the best example, but the point stands that I would love for OK to start landing some relocations or bigger offices.

As to your second point, I agree 100%, but as you said - another post for another day.

Update as of 1/9/2016

The Ascent (http://forum.skyscraperpage.com/showthread.php?t=217330) (background) / Skyhouse II (http://forum.skyscraperpage.com/showthread.php?t=213667) (foreground)
http://i628.photobucket.com/albums/uu5/BCB_01/Screen%20Shot%202016-01-09%20at%2012.56.24%20PM.png (http://s628.photobucket.com/user/BCB_01/media/Screen%20Shot%202016-01-09%20at%2012.56.24%20PM.png.html)

One Uptown (http://forum.skyscraperpage.com/showthread.php?t=210598)
http://i628.photobucket.com/albums/uu5/BCB_01/Screen%20Shot%202016-01-09%20at%2012.58.56%20PM.png (http://s628.photobucket.com/user/BCB_01/media/Screen%20Shot%202016-01-09%20at%2012.58.56%20PM.png.html)

1920 McKinney Ave (http://forum.skyscraperpage.com/showthread.php?t=217354)
http://i628.photobucket.com/albums/uu5/BCB_01/Screen%20Shot%202016-01-09%20at%2012.59.15%20PM.png (http://s628.photobucket.com/user/BCB_01/media/Screen%20Shot%202016-01-09%20at%2012.59.15%20PM.png.html)

McKinney & Olive (http://forum.skyscraperpage.com/showthread.php?t=201967)
http://i628.photobucket.com/albums/uu5/BCB_01/Screen%20Shot%202016-01-09%20at%2012.59.40%20PM.png (http://s628.photobucket.com/user/BCB_01/media/Screen%20Shot%202016-01-09%20at%2012.59.40%20PM.png.html)

Liberty Mutual Regional HQ (http://forum.skyscraperpage.com/showthread.php?t=218114)
http://i628.photobucket.com/albums/uu5/BCB_01/Screen%20Shot%202016-01-09%20at%2012.57.21%20PM.png (http://s628.photobucket.com/user/BCB_01/media/Screen%20Shot%202016-01-09%20at%2012.57.21%20PM.png.html)

5G Studio (http://www.5gstudio.com/index.php/virgin-hotels-a) has published updated renderings on Dallas' Virgin Hotel.

Official groundbreaking is planned in the spring.

http://www.5gstudio.com/images/virgin_hotel/01.jpg

http://www.5gstudio.com/images/virgin_hotel/02.jpg

http://www.5gstudio.com/images/virgin_hotel/03.jpg

Developers adding more apartments to meet growth in West Plano (http://bizbeatblog.dallasnews.com/2016/01/developers-adding-more-apartments-to-meet-growth-in-west-plano.html/)
Steve Brown
January 11, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/The-Huntington-rendering.jpg


Dallas-based Catalyst Urban Development and LandPlan Development have just gotten funding for a 320-unit rental community on Preston Road at Headquarters Drive.

The 5-story Huntington apartments is on a 5.5-acre site and will open in early 2018.

Demo underway on landmark East Dallas property on Greenville Avenue (http://bizbeatblog.dallasnews.com/2016/01/demo-underway-on-landmark-east-dallas-property-on-greenville-avenue.html/)
Steve Brown
January 9, 2016

http://t2realestate.com/wp-content/uploads/2015/05/Vickery_Towers_Dev_Site-1024x539.jpg


Owner Columbia Pacific Advisors plans to build a new apartment community on the site.

The Seattle-based developer plans to build more than 400 units on the property There will also be townhouses constructed facing the residential neighborhood.

Dallas architect Good Fulton & Farrell designed the project.

Construction of the new buildings will start after the property is cleared. “We are targeting about May,” said Columbia Pacific’s Brit Funk.

She said the new rental community should open in late 2017.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/demo-underway-on-landmark-east-dallas-property-on-greenville-avenue.html/)

Planned $170 million community in Frisco will include 350 homes (http://bizbeatblog.dallasnews.com/2016/01/planned-170-million-community-in-frisco-will-include-350-homes.html/)
Steve Brown
January 11, 2016


Green Brick Partners Inc. said Monday that it has purchased almost 100 acres for the project along Eldorado Parkway between the Dallas North Tollway and Preston Road.

The development called Frisco Springs will include both townhomes and single-family homes.


The homes in Frisco Springs will be built around 20 acres of open space and trails. There will also be a community center with a pool, work out room and entertaining areas.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/planned-170-million-community-in-frisco-will-include-350-homes.html/)

Frisco’s plan commission will review details about proposed $700 million Gate project on the tollway (http://bizbeatblog.dallasnews.com/2016/01/friscos-plan-commission-will-review-details-about-proposed-700-million-gate-project-on-the-tollway.html/)
Steve Brown
January 11, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/gate.jpg


Dubai-based Invest Group Overseas said two years ago it would build a $700 million mixed use project on the land it owns at Dallas North Tollway and John Hickman Parkway.

The project is called The Gate, and is part of what Frisco calls its $5 billion mile.

Frisco’s city planning commission this week will consider detailed site plans for the project that include almost 20 buildings ranging in height from about three stories to more than 10 floors.

The Gate includes “four office buildings, two retail/restaurant buildings and nine urban living buildings, six retail buildings and one hotel building,” according to Frisco.

The project as laid out in the planning documents will include more than 650,000 square feet of office spce, almost 1 million square feet of residential buildings, more than 130,000 square feet of retail space plus a luxury hotel.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/friscos-plan-commission-will-review-details-about-proposed-700-million-gate-project-on-the-tollway.html/)

http://bizbeatblog.dallasnews.com/files/2016/01/gateplans.jpg

Construction starts on Victory Park cinema and high-rise project (http://bizbeatblog.dallasnews.com/2016/01/construction-starts-on-victory-park-cinema-and-high-rise-project.html/)
Steve Brown
January 12, 2016

http://bizbeatblog.dallasnews.com/files/2016/01/cinepolis2.jpg


International theater operator Cinepolis USA will operate the 700-seat, 8-screen move palace when it opens in late 2017 or early 2018.


About 20,000 square feet of retail space will be located on the ground floor of the new building. A 640-acre parking garage is included.

“The theater will sit atop the garage and the retail,” Fair said.

A 285-unit apartment tower developed by Lennar Multifamily is also planned on the block.

“The apartment tower will face the park and downtown,” he said. “They will deliver the apartments at a similar time to the theater.”

Full Article (http://bizbeatblog.dallasnews.com/2016/01/construction-starts-on-victory-park-cinema-and-high-rise-project.html/)

Hey Sic Em', what is the status of the Midtown Galleria Project? I am really waiting to see it get started.

Hey Sic Em', what is the status of the Midtown Galleria Project? I am really waiting to see it get started.

There is currently a five-story apartment building under construction with 321 units.

Here's the article (http://bizbeatblog.dallasnews.com/2015/09/first-major-project-set-to-start-in-dallas-midtown-district-along-lbj-freeway.html/).

Also, here are the latest renderings:

http://www.dallasmidtown.com/images/img-Midtown-Rendering-Package-2.jpg

http://www.dallasnews.com/news/community-news/richardson-lake-highlands/headlines/20150625-midtownparkview.jpg.ece/BINARY/w940/MidtownParkView.jpg

http://cityhallblog.dallasnews.com/files/2015/06/MidtownEsplanade.jpg

Dude, everytime I see that project it amazes me. That is on par with almost anything going on in L.A. Incredible.

Thanks for the update. I'll be up there soon because I miss Dallas and haven't been there lately, so I'll get a picture of it.

nm

It's working fine for me on Google Chrome.

Mixed-use project in the works for fast-growing Wilmer south of Dallas (http://bizbeatblog.dallasnews.com/2016/01/mixed-use-project-in-the-works-for-fast-growing-wilmer-south-of-dallas.html/)
Steve Brown
January 13, 2016

View rendering here (http://bizbeatblog.dallasnews.com/files/2016/01/liberty.jpg)


The city of Wilmer just approved plans for the development called Liberty Crossing.

“We see a lot of growth going on in that area but there aren’t many housing options,” said developer Richard Ashton. “We want to bring in sustainable workforce housing.


Apartments would be constructed behind the retail.

“We are planning at each 144 to 160 multifamily units and we are working with retail partners to develop the retail and commercial portion,” Ashton said. “We are also looking at 68 rental townhomes and 90 single-family houses.”


Employment in the area in Wilmer and neighboring Hutchins has dramatically increased in the last few years with new warehousing facilities for companies including Procter & Gamble, Whirlpool, Unilever, Sprouts grocery, Ace Hardware, Arch Chemical and Medline Medical.

Full Article (http://bizbeatblog.dallasnews.com/2016/01/mixed-use-project-in-the-works-for-fast-growing-wilmer-south-of-dallas.html/)

FINALLY: $300M FIRST PHASE OF DALLAS MIDTOWN TO START (https://www.bisnow.com/dallas-ft-worth/news/commercial-real-estate/event-previewheadline-54499?rt=4744)
Tonie Auer
January 13, 2016

http://www.dallasmidtown.com/images/img-Midtown-Rendering-Package-2.jpg


The wait is over: construction on the long-anticipated redevelopment of the old Valley View Mall should kick off by summer.


He’s working with the City of Dallas and councilman Lee Kleinman to finalize the street infrastructure plan; all of the pieces were approved at the end of 2015. The councilman has also been working with the Dallas Midtown Park Foundation to secure the 20-acre Midtown Commons Park Three projects will start simultaneously: a new AMC theater on top of 80k SF of office that sits atop retail, a hotel on top of retail and a new grocery store on top of retail. And, we’ll finally say goodbye to the old mall with its demolition probably between July and October. He expects the first retail and the office space to open at the end of 2017 or beginning of 2018.


Scott says construction plans are being drawn now. Omniplan assisted with master planning and Dallas Midtown is working with WDG, 5G and NY-based Streetworks on the three projects. GCs haven't been selected yet; he expects final pricing to come in around April. He’s hoping to get the ink dried so he can announce the hotel and grocery flag at our State of the Market event.

Full Article (https://www.bisnow.com/dallas-ft-worth/news/commercial-real-estate/event-previewheadline-54499?rt=4744)

More information on 1640 Edison (http://www.5gstudio.com/index.php/office-tower-design-district-a):


This Class A office tower, entitled 1640 Edison, will create amazing energy in the Dallas Design District. The new building at the corner of Edison Street and North Stemmons Freeway/I35, will be 17 floors. With destination retail and restaurant amenities on the first floor, and a tenant lounge also on the ground level, 1640 Edison rises to provide a roof terrace with an overhang carousel at the top to give the idea that roof is floating mid-air. The northeast side of the building has large angled canted columns at the entrance to create a dramatic opening to the space. The materials for the building include industrial and natural elements mixed - from glass, concrete and wood. The parking podium at 1640 Edison will be covered with an LED-lit mesh that will highlight the building for exciting visibility from Stemmons Freeway. The office building will also include two levels of loft space, an outstanding amenity to meet the needs of the modern work environment.


http://www.5gstudio.com/images/office_tower_design_district-images/01.jpg
http://www.5gstudio.com/images/office_tower_design_district-images/03.jpg
http://www.5gstudio.com/images/office_tower_design_district-images/02.jpg