Sic'EmBears Posted June 24, 2016 Share Posted June 24, 2016 Dallas City Council gave developer Scott Beck the green light to begin demolition for the $4B Dallas Midtown development. Read about it here. 6 Link to comment Share on other sites More sharing options...
JasnoDTX Posted June 24, 2016 Share Posted June 24, 2016 On 2/13/2016 at 11:24 AM, texan41 said: The Dallas galleria area kind of reminds me of Houston. I don't know what it is... Just the whole design of it reminds me of Houston. Yea because Houston built it. (HInes) 1 Link to comment Share on other sites More sharing options...
Sic'EmBears Posted September 15, 2016 Share Posted September 15, 2016 Dallas Midtown's 20-acre focal point begins to take shape Candace Carlisle September 6, 2016 Quote The proposed centerpiece of the Dallas Midtown evolution will be unveiled at a town hall meeting next week. This 20-acre focal point will tie in the rest of Dallas Midtown and could be a big draw to investors, developers and companies, said Bruce Bradford, president and CEO of the North Dallas Chamber of Commerce. Quote MIG, a placemaking firm based in Berkeley, Calif., conducted the three-month study on Dallas Midtown. Bradford declined to disclose the cost of the study, but said, "We got far more bang for the buck than the bucks we paid." This study takes the proposed 20-acre park to the next level to anchor the Dallas Midtown site, which is a 40-block, 430-acre mixed-use development bounded by the Dallas North Tollway, LBJ Expressway, North Central Expressway and Spring Valley Road in North Dallas. Quote Other developers and investors are also eyeing Dallas Midtown, though Bradford declined to mention the names of would-be stakeholders. To be built, Bradford said philanthropic dollars would likely need to be raised to develop the park in partnership with an earmarked $36 million in tax increment financing funds designated for public infrastructure. He said Dallas' philanthropic nature could mean there would be enough money for the Dallas Midtown park and the proposed extension of Klyde Warren Park. Quote Beck plans to begin the tear down of Valley View Center by the end of the year. The developer has done some environmental remediation and pre-demolition work in preparation for the demolition. MIG CEO Daniel Iacofano will unveil conceptual renderings of the new Dallas Midtown park and speak to the community on Thursday, Sept. 15 from 7 p.m. to 9 p.m. at a ballroom within the Westin Galleria Dallas hotel in North Dallas. Full Article 3 Link to comment Share on other sites More sharing options...
Sic'EmBears Posted September 23, 2016 Share Posted September 23, 2016 Two Dallas Midtown stakeholders step up to help build centerpiece of $20B project Candace Carlisle September 23, 2016 Quote Two Dallas Midtown stakeholders have stepped up in a big way to help build the proposed centerpiece of the evolution of Dallas Midtown, which is expected — if all plans come to fruition — to be the $20 billion answer to Frisco's $5 billion mile (which actually now totals $6.4 billion). Dallas-based Beck Ventures has pledged $1 million towards the $15 million privately-raised match proposed by the Dallas Midtown Park Foundation. The foundation has asked the city of Dallas to earmark $15 million of the upcoming 2017 bond referendum, which is capped at $800 million. Quote Another stakeholder in Dallas Midtown — EF Properties — has also agreed to sell a 5-acre parcel of land on the east side of Montfort Road in the Dallas Midtown vision to the city at a $1.9 million discount to market value. EF Properties would be one of five property owners that would need to sell acreage to the city of Dallas to create the 20-acre park. In all, it will take $30 million to acquire the land to build the proposed park. Quote "The park is an integral part of the Dallas Midtown project," Beck, who also sits on the Dallas Midtown parks board, told the Dallas Business Journal."It's on the city's vision plan and office tenants, retailers and restaurants want to know the park is happening. It's important to stakeholders that the city will make good on a commitment that happened two years ago." Land for the Dallas Midtown park would need to be acquired sooner rather than later since market values on the land is likely to rise as Beck Ventures begins the initial $400 million phase of its portion of the mixed-use development, he said. "Now is the time to acquire the land for a park before you have escalating prices due to inner city development," he said. Quote "Dallas needs to step up and allocate $15 million of its bond money to create a centerpiece of this $20 billion development." Full Article 3 Link to comment Share on other sites More sharing options...
ChannelTwoNews Posted June 6, 2023 Share Posted June 6, 2023 https://www.bizjournals.com/dallas/news/2023/06/05/dallas-midtown-beck-ventures-valley-view-mall.html?cx_testId=178&cx_testVariant=cx_18&cx_artPos=0#cxrecs_s "After years of delays, the initial phase of the $5 billion Dallas Midtown development at the former Valley View mall site in Far North Dallas is slated for a groundbreaking as soon as December. It will all start with an $80 million mixed-use building with 275 upscale apartments over roughly 26,000 square feet of ground-flow retail and restaurant space. While an $80 million project is nothing to sneeze at, it’s a mere 1.6% of the $5 billion projected value of Dallas Midtown at full buildout." Link to comment Share on other sites More sharing options...
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