Dallas

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Groundbreaking was held this morning for The Union.

View a newly-released fly-through video here.

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Site plans for Grapevine's Gaylord Texan expansion emerge
Sherelle Black
April 20, 2016

Site plans for Grapevine’s Gaylord Texan Resort and Convention Center $120 million expansion were approved at the April 19 joint Grapevine City Council and Planning and Zoning Commission meeting.

Plans include the construction of a nine-story guest tower comprising 303 rooms and 90,500-square-foot ballroom and conference center space, which will be constructed in an area between the existing north parking garage and the hotel.

The new tower is currently being utilized as a valet parking lot that contains 210 parking spaces that will be eliminated once construction begins on the expansion project.

Gaylord officials said once the expansion is complete, Gaylord Texan will become the second largest convention center hotel not attached to a casino in the United States as measured by total self-contained exhibit and meeting space.

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Surf’s up! Groundbreaking next week for lakeside Crystal Lagoon project on Lake Ray Hubbard
Steve Brown
April 21, 2016

Developers of the $1 billion Bayside project say they will break ground next week on the mixed-use development on Lake Ray Hubbard.

The centerpiece of the 257-acre Rowlett development is an 8-acre water resort that will stretch along the lakeshore.

Groundbreaking for the project is scheduled for next Tuesday.

Along with the lagoon, Bayside is planned to include two condominium towers, luxury apartments, single-family homes and more than 1 million square feet of mixed-use retail, entertainment, restaurant and office space.

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Holy crap. Those are some seriously awesome developments!

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Amazon opening 2nd fulfillment center warehouse in North Fort Worth in last 3 years. Bringing 1,000 new jobs. North Fort Worth has lured Amazon and Facebook since 2013. What a catch. Amazon to open second fulfillment center in north Fort Worth, add 1,000 jobs | The Star-Telegram

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Construction kicks off on new Irving industrial park
Steve Brown
April 22, 2016

Developer Jackson-Shaw plans to build a new 50-acre industrial park in Irving.

Called Parc GSW, the industrial park will be on State Highway 161 and will start opening late this year.

The 2-building development will contain 682,491 square feet of space.

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From Thymant:

One Uptown

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Billingsley Co. ready to go with another office building at Cypress Waters
Steve Brown
April 25, 2016

Adolfson & Peterson Construction said Monday that it will build the 4-story, 225,000-square-foot office project at 9111 Cypress Waters Blvd north of LBJ Freeway.

The building will be finished in mid 2017.

The project just landed jeweler Zale Corp.’s new regional office.

And buildings are under construction for OneSource Virtual and CoreLogic.

Other major companies in Cypress Waters include 7-Eleven, Nationstar Mortgage, British Telecom, Meritage Homes, AMN Healthcare and Toyota Industries Commercial Finance.

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Indiana developer plans fourth North Texas project in Allen
Steve Brown
April 25, 2016

An Indiana-based office developer that’s expanding its operations in Texas has purchased land in Allen for a new project.

The company said Monday that it purchased 3.3 acres on Watters Road near North Central Expressway in Allen for its latest project.

The 2-story, 35,070-square-foot building will have 145 office suites, co-working areas, conference rooms, casual meeting areas, a lobby and reception area and a café.

Construction is scheduled to begin in July.

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2,000-home community being built on site of former Folsom family horse farm in Collin County
Steve Brown
April 25, 2016

The 682-acre Mustang Ranch community under construction northeast of Prosper is on the site of former Dallas mayor Robert Folsom’s thoroughbred horse farm.

Developers are turning the one-time family farm into a residential community called Mustang Lakes with nine lakes, over 60 acres of open space and 10 miles of trails.

“We hope to deliver the first home lots to builders in June if it will quit raining,” said Matt Alexander, vice president of development with Cambridge Cos.

As part of the new community, the Folsom family’s ranch house on the property will be repurposed as a community center.

“The decision was made to keep the house for the history value and because of all the trees surrounding it. “We are expanding it to about 12,000 square feet overlooking a 5 to 6 acre lake.

He said the developers have preserved large trees the Folsoms planted on the farm.

“We’ve moved 22 live oak trees between 17 and 22 inches in diameter,” Alexander said.

“We think the prices will be starting in the $300,000s,” Alexander said. “We have some one-acre lots we think will be for homes around a million dollars.”

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New Legacy West condo tower in Plano is 80 percent sold
Steve Brown
April 25, 2016

The building is planned to have about 90 luxury residential units starting at more than $700,000 for the smallest unit.

The first residential tower in Plano, the Legacy West condo project is right next door to Liberty Mutual Insurance’s new high-rise complex and across the street from the Legacy West urban village.

“Directly across the street, our residents will have the finest dining, shopping, and entertainment options,” project developer Jim Duggan said in a statement.

Construction is set to begin this summer. A marketing center for the project opens next month.

Windrose Tower is one of two residential high-rises planned in the $3.2 billion Legacy West project.

Dallas-based developer Palladium USA International is building a 30-story, 312-apartment tower in the same area, just south of S.H. 121.

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Developer starting 4-building industrial project north of D/FW Airport
Steve Brown
April 27, 2016

With Dallas-Fort Worth in the lead as the top industrial building market in the country, developers are ramping up efforts to add more space.

Illinois-based ML Realty Partners LLC plans to build four warehouses in its Park West Crossing business park, which is north of Dallas/Fort Worth International Airport.

The next phase of development will add buildings ranging in size from more than 60,000 to more than 90,000 square feet.

“We hope to deliver all four buildings by the end of the year,” Smith said. “We should be breaking ground next week.”

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Lot for Multifamily Development Among Seven Land Sales by Stream Realty
Adolfo Pesquera
April 15, 2016

The national real estate services company represented sellers Katya and Jeff Long and Joseph Beavers in the purchase of a 3.25 acre tract at 218 W. Commerce Street near downtown Dallas.

The buyer, West Commerce Investments LLC wants to convert the site into an urban multifamily complex.

A corner lot, the portion of 218 W. Commerce that fronts Commerce has a single-story office building that has been used by a bail bond company.

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[ourulz2000]

Ground work continues on new 25 story Frost Tower in Fort Worth..rendering here: http://media.nbcdfw.com/images/652*3...-rendering.jpg

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Zale ready to break ground for new Cypress Waters office campus
Steve Brown
April 28, 2016

Zale’s parent Signet Jewelers Limited has scheduled a Tuesday groundbreaking for the 2-building campus in the Cypress Waters development near LBJ Freeway and Belt Line Road.

Developer Billingsley Co. will build Zale’s 225,000-square-foot corporate office and a 31,000-square-foot jewelry repair center on the shore of North Lake.

The new office project is scheduled to open at the end of 2017.

The company received $450,000 in economic incentives from the city of Dallas to help pay for the new building.

Zale said it plans to have 700 to 800 people working in the new development when it’s finished in early 2018 and hire another 200 to 300 workers.

Full Article

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Top floor is up.

The roof (20th floor) will be installed next week.

From dch526:



Granite Place at Southlake Town Square

Set to open late 2016.

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Luxury hotel tower on the way for Craig Hall’s Frisco office park
Steve Brown
April 29, 2016

The developer just got approval from Frisco’s planning and zoning commission to build a high-rise hotel at the entrance to Hall Office Park at the tollway and Gaylord Parkway. It’s south of where the huge Dallas Cowboys complex is being built.

The 10-story, 170-room hotel will be one of Hilton’s high-end Curio hotels, according to details provided to Frisco city planners.

The Hall Office Park Curio hotel will be more than 122,000 square feet and planned for one of the last large vacant tracts in the business campus.

The 20-year-old business campus on the Dallas North Tollway is Frisco’s largest office district with more than 2 million square feet.

Hall Office Park’s new hotel will be at the northeast corner of the tollway and Gaylord Parkway. (City of Frisco)

Full Article

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Wade Park update:

https://vimeo.com/161041695

The Star update:


Construction at the Star in Frisco includes the new Dallas Cowboys world headquarters (foreground) and The Ford Center at The Star indoor stadium. (Photos by G.J. McCarthy/Staff Photographer)


This building will serve as the Cowboys’ new headquarters. (G.J. McCarthy/Staff Photographer)


The Star at Frisco’s outdoor practice fields (right) sit in a corner formed by the Cowboys headquarters building and The Ford Center indoor stadium.


The front of The Ford Center at The Star, the development’s indoor stadium, will feature a huge video screen and a 50-yard turf area where kids can play. To the right of the plaza is the Omni Frisco Hotel. On the left is the building that will house the Cowboys Fit, the Dallas Cheerleaders headquarters and an apparel store.

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Investors come to the rescue of stalled downtown Dallas skyscraper project
Steve Brown
May 2, 2016

A California-based investor has made good on its promise to resurrect a troubled Dallas skyscraper redo.

Drever Capital has paid $65 million to buy downtown’s landmark First National Bank tower at 1401 Elm St. The sale closed Friday.

The new owner plans to move ahead with converting the tower into a combination of apartments, shops, offices and hotel rooms.

“There are still more things that need to happen,” Crawford said. “It’s great that we have a big developer put a lot of time money and effort into making this project work.

“Their plans call for something new and different,” he said. “It’s a huge step forward in terms of where we are headed.”

Located at Elm and Akard streets, the First National Bank tower takes up an entire downtown block.

“I can’t think of anything that will have more impact on downtown than breathing life back into that project,” Crawford said. “It will fill a huge void downtown.”

San Francisco-based Drever circulated a private investment offer to secure funding for its purchase and development.

The company has been in business since the 1960s, and the principals have invested more than $20 billion in projects.

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Major redo on the way for downtown Dallas office tower
Steve Brown
May 2, 2016


A new second floor deck with overlook Ross Avenue and the Arts District. (CBRE)

New owners of the Saint Paul Place tower on Ross Avenue plan the largest renovations since the building was developed in the 1980s.

Quadrant’s remodeling plans for Saint Paul Place include a new tenant lounge on the second floor, conference center and outdoor patio deck with fire pit.

The second floor deck will extend to Ross Avenue and overlook the Dallas Arts District.

“We are excited to get started on the improvements and unlock these amenities,” Chad Cook, founder of Quadrant Investment Properties, said in a statement.

“Our goal with the renovation is to further enhance the tenant experience by providing multiple new venues to enjoy the building.”

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The same creator who developed The Joule's CBD Provisions is creating multiple concepts for Victory Park.

New restaurant and retail venues on the way at Dallas’ Victory Park
Steve Brown
May 2, 2016

Victory Park is ramping up its restaurant and retail offerings, with a new restaurant, a café and retail emporium.

Simon’s company – Rebees – has been hired to help with marketing and food and beverage services for all of Victory Park.

Rebees plans to develop and operate a 4,000-square-foot retail emporium in Victory Park that will feature locally made goods.

And Simon’s company will open and operate a 6,000-square-foot restaurant in the project.

Rebees will also set up 14,000-square-foot Victory Park co-working office center that will include a 3,500-square-foot café.

Simon previously developed several popular Dallas-area restaurants including The Porch, Hibiscus, Victor Tangos, Fireside Pies and CBD Provisions.

Full Article

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Big movie theater project moving ahead at Richardson’s CityLine project
Steve Brown
May 2, 2016

Developers of Richardson’s $1.5 billion CityLine project are pushing ahead with plans to add a multiscreen cinema complex.

The planned LOOK Cinema will be next door to State Farm Insurance’s fourth, 17-story office tower, which is winding up construction.

Along with building the cinema, KDC is asking Richardson city planners for approval to build temporary surface parking that would serve the new theater.

The CityLine theater and parking would be built just south of the Bush Turnpike in what is called CityLine East. KDC also plans 500 apartments and more than 20,000 square feet of retail space at CityLine East.

The CityLine Market shopping center in that area is already fully leased. And plans have been approved for a 32-home community of single-family houses next door to the retail center.

The cinema complex and temporary parking lots would occupy three tracts just south of the Bush Turnpike. (City of Richardson)

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Scheels sporting goods superstore joining Nebraska Furniture Mart in Texas
Maria Halkias
May 4, 2016

Scheels, a Fargo, N.D.-based chain of 27 sporting goods superstores in 12 states, is coming to Texas.

The store will be 300,000 square-feet, or about 12 times the size of a traditional sporting goods big box stores such as Dick’s and Academy.

The store won’t open until 2020, but the announcement is a big catch for the $1.5 billion Grandscape development on Highway 121 in The Colony with so many competing projects in the works nearby including the Dallas Cowboys Star project in Frisco and Legacy West under construction around the site of the new Toyota headquarters in Plano.

CEO Steve M. Scheel said the company has been scoping out Texas for 10 years. The store will be its biggest Scheels, he said. Construction will begin in 2018.

Warren Buffett, CEO of Berkshire Hathaway, which owns Nebraska Furniture Mart and Grandscape, said he’s “very excited to have Scheels” in the project.

“The Scheels experience will bring millions of visitors to Grandscape furthering our vision of making this development one of the best in the United States.”

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Oak Cliff’s Colorado Place development site bought for large apartment community
Steve Brown
May 4, 2016

Lincoln Property Co. purchased the 18-acre Colorado Place property at Fort Worth Avenue and Colorado Boulevard.

The developer hasn’t wasted any time moving ahead with construction plans.

Lincoln Property this week has filed for a building permit with the City of Dallas to construct 299 apartments at Colorado Place. The construction is valued at almost $30 million.

And the property is part of the original 2,000-acre site of a historic French settlement built in the 1800s and called La Reunion.

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[URL="http://bizbeatblog.dallasnews.com/2016/05/construction-starts-on-office-headquarters-and-distribution-project-in-carrollton.html/"]Construction starts on office headquarters and distribution project in Carrollton[/URL]
Steve Brown
May 4, 2016

Construction has started on a new 330,000-square-foot office and warehouse building for Interceramic.

The international tile and building materials firm is moving its U.S. headquarters from Garland to developer Billingsley Co.’s Austin Ranch in Carrollton.

MYCON General Contractors said Wednesday that the project will cost $11.35 million.

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

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

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