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New York-based shared office concept to put Texas hub in Arts District

 

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Hall Arts

 

A New York-based shared office concept is bringing its first upscale coworking concept to the Dallas Arts District with the help of Dallas developer Craig Hall, who recently invested an undisclosed sum in the company.



Along with being an investor, Hall will be the landlord for Serendipity Labs Coworking, which plans to open its 29,000-square-foot Texas hub on the 17th floor and ground floor of KPMG Plaza at Hall Arts.


The hub-like office in the Dallas Arts District will serve as a launching pad for other Serendipity Labs Coworking offices in North Texas. Last year, the company announced plans to open nine locations in the region.



"We think there is enough pent-up demand in Dallas-Fort Worth to justify eight really good locations," said Doug Denman, president of Worth Coworking. "We have begun looking at the markets we will want to be in."


The 17th floor at KPMG Plaza will give Serendipity's initial North Texas location views throughout Dallas' skyline and will help solidify the coworking concept's upscale brand in the region, he added.


Construction is slated to begin by the end of next month. Serendipity has yet to select a general contractor.



Officials say they expect to be up and running for members by this November.

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Via DMN - DFW places second in North America data center absorption:

 

Still, Bond said D-FW had Chicago beat by a metric that’s even more important than raw supply: absorption.



That’s how much of that storage capacity is actually booked up by data tenants, or the companies that don’t want to house giant servers for all the information they need to run their businesses.

And Bond said that as more and more data center ecosystems hit their stride, it’s a better indicator of how well-balanced regional markets are.


D-FW’s absorption in the first half of 2017 was a 50 percent increase over the same time in 2016.



“The story on Dallas is we have a great demand pipeline and the ease to build,” Bond said.


Bond said that part of the reason D-FW is, in a way, playing catch-up to other markets is that its fast-growing business base is more diverse than Chicago’s, Northern Virginia’s or Northern California’s.

 

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Exclusive: Sam Ware to give new life to former Parkland campus

 

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The longtime Dallas developer and business partner Jeff Blakeley of Dallas-based Dreien Opportunity Partners LLC are under contract to buy the 1.4 million-square-foot property, with plans to give it a second life as an amenity-rich destination called The District.



"You could not replicate this today for under $500 million," said Ware, who calls this a "once in a lifetime," opportunity.


Some of the proposed plans include:



 
  • Convert the emergency room tower into a hotel to cater to the Medical District. A hotel flag has yet to be selected and a hotel study is being conducted to determine demand for rooms.
  • Build small condos that can be sold at a price point ranging from the $200,000s to the $750,000s.
  • Develop micro-unit apartments by combining two patient rooms into a 500-square-foot apartment that can be rented at a discount compared with Uptown rents.
  • Retrofit rooms to offer a wide range of senior living capabilities from assisted living to memory care.
  • Bring in a variety of amenities ranging from valet services, a high-end workout facility, eateries such as a 24-hour diner called Scrubs, a grocery store, high-end 7-Eleven store and other amenities doctors, nurses, patients and residents might need to stay in The District.
  • Convert a two-story underground MRI facility into a parking facility to add up to 900 parking spaces to the campus.

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Oak Cliff's Wynnewood Village owner Brixmor plans upgrades for the 1940s shopping center

 

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Project Location 

 

Wynnewood was built in 1949, decades before enclosed malls were built. It was laid out like a village with one-story buildings and parking around the streets.


A plan is taking shape to spend about $30 million to make the shopping center “more relevant to the community,” said Matthew Berger, president of the West division of Brixmor.


"Their team has flown in three times in the last two months and we've had other conversations," Griggs said. "We welcome their vision and redesign. The addition of new tenants will benefit all of Oak Cliff and southern Dallas."


He said it will take at least another 60 days before leases are signed, but said the prospective tenants are services that aren’t in the center now.



Architectural renderings provided by Brixmor show a theater and a fitness center.


“This is a project we’re ready to start tackling now,” Berger said.


The core shopping center will get new landscaping, façade and parking areas, Berger said, and a section near an existing roundabout will be a new focal point of the shopping center.



Brixmor is still working on plans, he said, but a second phase will include the large vacant field in the middle of the center where a Montgomery Ward store once stood.

 

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Developers buy properties along Oak Lawn's Maple Avenue for future project

 

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Almost three blocks along busy Maple Avenue have been purchased by two real estate companies created by MQ Development, a Dallas-based shopping center firm. The companies have purchased more than three dozen properties over more than a year, Dallas County records show.



Most of the property is on the south side of Maple, stretching about three blocks between Wycliff Avenue and Lucas Drive. The purchases include automotive businesses, small retail buildings and offices.

The buyers also have bought several blocks of small homes in the area behind the business strip.


 

Project Location

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Stillwater Capital Tees Up a Multifamily Project in Deep Ellum

 

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Project Location

Stillwater Capital expects to begin construction this fall on a five-story apartment building with parking garage in a far south corner of the Deep Ellum District.



Their project quietly waltzed through the City Plan Commission in late June as a preliminary plat application that was prepared by Brown & Gay Engineers Inc. and approved by the commission without discussion.

According to state architectural project records, this involves new construction of a multifamily structure that will contain 336 units, a garage, club room for tenants, and a gym. The estimated cost is $34 million.


 

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Two business services firms would bring more than 1,000 employees to new Irving offices

 

Cognizant Technology Solutions U.S. Corp., a provider of information technology, consulting and business process services, plans to relocate their regional headquarters to an office building in Las Colinas.



The office move will result in the relocation or hiring of up to 1,090 employees with an average salary of $70,000, according to filings with the Irving City Council.

Cognizant plans to rent 40,000 square feet of space in the building for the first phase of its operation.


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D-FW tops the country in single-family home construction

 

During the year ended with June, builders started 31,049 single-family homes in the D-FW area, according to data from Metrostudy Inc.



That's up from the 29,626 single-family home starts that put the area at the top of the national building ranking in 2016.


 

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Edited by Sic'EmBears
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While Dallas manufacturing thrives, Austin and Houston rank as nation's worst

 

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Tony Romo Tribute by Joseph Haubert

 

Texas Job Creation/Loss by County

 

  • Dallas + 3,200
  • Travis - (3,000)
  • Harris - (19,000)

 

North Texas Job Creation/Loss by County

 

  1. Dallas  + 3,200
  2. Denton  + 396
  3. Kaufman  + 249
  4. Rockwall  + 249
  5. Collin  + 225
  6. Ellis  + 77
  7. Tarrant  - (2,095)

 

Dallas County created 3,191 manufacturing jobs in 2016, according to Headlight Data. That ranked No. 3 in the U.S. for most jobs created.


Dallas' success stands in stark contrast to Travis County, Austin's home, which lost 3,000 manufacturing jobs. Travis lost the second most manufacturing jobs nationwide.



And the county that lost the most? Harris County, home of Houston, which lost 19,000 manufacturing jobs. Dallas' neighbor to the west, Tarrant County, didn't fare well either, losing more than 2,000 manufacturing jobs last year.

"Oil and gas is very tied to metal manufacturing, and of course in Houston that's going to fall," Engle said, citing the downturn in the oil market.


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Wondering about all that construction at the arboretum? Here’s what’s up.

 

Later this fall, visitors will be able to experience A Tasteful Place, a working garden, or “portager” as the French say. The 2-acre space will be populated with fruit, vegetables, herbs and flowers, and will include orchards, a picnic lawn, patios and trails that overlook the lake and downtown.



 

You cannot miss the 3,600-square-foot Garden Pavilion, which includes a dining room and commercial kitchen for cooking classes, educational programs and chef-prepared meals. The healthful meals will be sourced from the garden’s produce, which will be grown sustainably. Throughout the year, there will be daily tastings, cooking classes and demos about planting and harvesting fruits and vegetables.

 

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Uptown proposal creates three new public spaces by converting two-ways to one-ways.

 

In design phase.

 

Park A - McKinney @ Allen

 

Park B - Carlisle @ Allen

 

Park C - Cole @ Harvard

 

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Park A - McKinney @ Allen

 

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Park B - Carlisle @ Allen

 

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Park C - Cole @ Harvard

 

White lines depict realigned roadway.

 

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Marriott Uptown update, via Dallas Towers:

 

Oak Lawn Committee President Brenda Marks informed Towers that the OLC was able to get Alamo Manhattan to move the parking underground.



There will be on-site pedestrian amenities that will include wider sidewalks, tables, benches, planters, trees, “and outdoor meeting space to encourage street engagement within this urban environment.”

Alamo Manhattan has estimated the project will begin in 2018 and take two years to complete.

 

Prior rendering:

 

AlamoManhattan_WDG_Marriott.jpg

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DFW recently acquired a WNBA team - the Dallas Wings.

 

Now Lacrosse (MLL) joins Cricket and Rugby (USARL) in search for a professional sporting home in Dallas.

 

Major League Lacrosse eyes Dallas for potential team as Cowboys' Star set to host championship game

 

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An expansion or relocation in Dallas would be a move toward bringing the game west, as seven of the league's nine teams are on the East Coast.


"West is the direction we want to go," Ventresca said. And Dallas "checks all the boxes from the league's perspective."


Gross said several groups are interested in owning a team in Dallas, but Jerry Jones' camp is not one of them.



"The Cowboys will not be an owner," Gross said. "They’ve made it clear their focus is on the Cowboys, but they’re very supportive of what we’re trying to do."


 
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New Dallas office tower on the way at Park Lane development on North Central Expressway

 

The owners want to build an office tower with up to 11 floors and as much as 340,000 square feet of space.

"The motivation behind this new building is we've seen serious upward movement in the rents in our existing offices," Spurgin said. "We think we'll garner significant interest with this building."



Northwood hired architect Gensler to design the tower.

The office tower would be one of the largest such developments along U.S. 75 in years.

Project Location

 

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Bottom left (NW) corner:

 

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  • 3 weeks later...

WHOOPS;  Dallas's Midtown development not off to a great start.

 

 

On 6/15/2016 at 5:27 PM, Sic'EmBears said:

 

 

 

 

On 9/6/2016 at 6:52 PM, Sic'EmBears said:

Dallas Midtown's 20-acre focal point begins to take shape
Candace Carlisle
September 6, 2016

 

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Full Article

 

On 9/23/2016 at 4:43 PM, Sic'EmBears said:

 

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More apartments on the way near West Dallas' popular Trinity Groves

 

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Towers

 

Project Location

 

Stonelake Capital Partners and apartment builder Wood Partners have broken ground on the 324-unit rental project in the 25-acre Trinity Green development on Singleton Boulevard just west of Sylvan Avenue.



Stonelake Capital Partners and builder StreetLights Residential have already built 371 apartments in the first phase of the $400 million development. And David Weekley Homes is building 96 homes in the project. 

Stonelake also built a 1-acre central park in Trinity Green.

Texas Capital Bank is financing the new Alta Trinity Green apartments, which will open in fall 2018.

Stonelake says it plans to develop an additional 850 apartment units at Trinity Green.

 

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Alliance Residential met with the Oak Lawn Committee regarding the orientation of a possible 22-story, 240' tower in Knox Park. Project proposed at south corner of Cole and Armstrong.

 

Project may change given OLC, CC and developer's decisions. 

 

Project Location

 

Last night, they returned with a vastly different configuration.  The same 340-unit density, but they siphoned units off the back 80 percent of the lot and placed them in a high-rise on Armstrong Avenue. This left the very northern part of the property with a 22-story, 240-foot high-rise with the remainder of the property within MF-2’s height of three stories.

 

North-South orientation:

 

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East-West orientation: 

 

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13 hours ago, Sic'EmBears said:

Alliance Residential met with the Oak Lawn Committee regarding the orientation of a possible 22-story, 240' tower in Knox Park. Project proposed at south corner of Cole and Armstrong.

 

Project may change given OLC, CC and developer's decisions. 

 

Project Location

 

 

 

 

North-South orientation:

 

North-South-1.jpg

 

East-West orientation: 

 

East-West-1.jpg

 

I didn't realize this fell within Oak Lawn's jurisdiction.

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Uptown Dallas tower and Statler redevelopment honored by Urban Land Institute

 

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BECK

 

The new McKinney & Olive high-rise in Dallas' booming Uptown district was honored with the ULI's annual Innovation award. The 536,000-square-foot office and retail project on McKinney Avenue was developed by Crescent Real Estate.



"Crescent's development and design team, led by architect Pelli Clarke Pelli, started McKinney & Olive with a goal of setting a new standard for workplace design in Texas. Every major decision was measured against that goal," Joseph Pitchford, Managing Director of Crescent Real Estate, said in a statement.

Downtown Dallas' redevelopment of the Statler Hotel corridor on Commerce and Harwood streets was awarded the ULI's Next Big Idea Award. Dallas' Merriman Anderson Architects designed the $230 million Statler Hotel renovation and other projects in the area.

 

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Alchetron

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