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slfunk

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  1. Steve Brown: Victory developers keep busy http://www.dallasnews.com/sharedcontent/dw...n1.78a7f00.html 08:16 AM CST on Friday, March 31, 2006 "The northwest corner of downtown Dallas looks like a slice of the booming 1980s. At last count, there were almost a half-dozen construction cranes sprouting over the Victory development. And just because work is nearing completion on the W Dallas Hotel tower
  2. Dallas Trio Unveils $70M Hotel Development Pipeline By Connie Gore Last updated: March 15, 2006 08:11am "DALLAS-A joint venture partnership has mapped out nearly $70 million of hotel development in North Texas to set up the market debut of Starwood Hotels & Resorts Worldwide Inc.'s newest select-service brand. The plan is to close on five tracts in the fall and break ground in the fourth quarter on a pair of aloft-flagged prototypes." The local investment group, Gatebridge Hospitality, is comprised of Gatehouse Capital, Champ Development and Aimbridge Hospitality. To get the brand moving in Texas, the White Plains-based Starwood carved out a protected territory in Dallas/Fort Worth for the development group, with an agreement to replenish the till as sites are built out, veteran hotel developer Joe Champ tells GlobeSt.com. Talks are under way for tracts, ranging from 2.3 to 2.8 acres, in Frisco, Plano, Las Colinas, Downtown Dallas, and the Fort Worth CBD plus its arts district--all highly visible sites near lifestyle centers. "..."We need to get the protected territory working first and then I'll get additional territories working after that," Champ says. The "future itinerary" includes all Texas metros and Oklahoma City. He is planning to simultaneously break ground on two hotels by year's end, but then stagger the starts for the balance of the first wave. The schedule calls for five aloft hotels to be open in 18 months to two years. He says construction financing will be finalized in 60 to 90 days." ".....Champ says the sweet spot to the aloft design is its flexibility for development in suburban or urban markets. His plan is to build the prototype, where possible, but admits that the price of Downtown sites might drive a smaller hotel yet true to the flag...."
  3. Downtown tower may house poor Ministry plans to buy, turn site near Arts District into low-income units http://www.dallasnews.com/sharedcontent/dw...rd.d0d4690.html 10:36 AM CST on Tuesday, March 7, 2006 By STEVE BROWN / Staff Writer "Central Dallas Ministries has contracted to purchase a vacant downtown office tower with plans to convert it into low- and moderate-income housing....The 511 N. Akard building
  4. DART parking: Can they top it? Mockingbird station may sell air rights for apartments, retail http://www.dallasnews.com/sharedcontent/dw...2.22d64127.html 12:00 AM CST on Saturday, February 4, 2006 By STEVE BROWN / The Dallas Morning News "Developers are trying to strike a deal with DART to build apartments and retail on parking lots at the Mockingbird rail station........" ".....The mixed-use projects and parking garages would replace more than six acres of surface parking between Mockingbird Lane and Yale Boulevard, just east of North Central Expressway." "While a deal is expected to move forward soon, DART officials aren't talking about their plans. " "......"We have no comment on the DART parking lots at this time," FirstWorthing executive vice president John Allums said Friday. "It is still in DART's court."...." "Usually developers are required to replace all of the parking spaces in a new garage and then sign a long-term lease for the air rights to build over the public parking.....There are 708 parking spaces at the Mockingbird lots. " "Developers have already hitched a ride on DART with apartment projects adjacent to the stations in Plano, near Uptown's Cityplace station and
  5. Condos in the midst of culture Dallas Arts District to gain $100 million residential tower http://www.dallasnews.com/sharedcontent/dw...n2.e42703a.html 12:00 AM CST on Tuesday, January 31, 2006 By STEVE BROWN / The Dallas Morning News "Located smack between the Nasher Sculpture Center and the Morton H. Meyerson Symphony Center, the 20-story Museum Tower has what developers hope is a one-of-a-kind address." "..."We think we have an extraordinary site," said John Sughrue, whose Brook Partners is teaming up with investor Turtle Creek Holdings to build the $100 million tower. "It is in the true heart of the Arts District."..." "Indeed, it would be hard to find a more central location than the block between Pearl and Olive streets. The residential building will overlook the Nasher sculpture garden and tower over the nearby symphony hall and Dallas Museum of Art." "The sleek stone and glass building was designed by architect Rick del Monte with the Beck Group
  6. http://www.bizjournals.com/dallas/s...tml?jst=b_ln_hl Trump sets sights on Dallas Glenn Hunter Editor "Real estate tycoon Donald J. Trump says he's eying land in North Texas for a project called Trump Tower Dallas." "..."We're literally looking at something right now, and if we do it we'll make it very, very successful," Trump told the Dallas Business Journal on Thursday. " "While he declined to provide specifics, the wealthy entrepreneur said he'll visit the tower's proposed site next month when he speaks at the Learning Annex Real Estate Wealth Expo at the Dallas Convention Center...."The speech is giving me the incentive to go out and look at the land," Trump said. "The land that we'll purchase will be terrific, if we decide to do this."..." "Most recently he announced plans for Trump Tower Philadelphia, a 45-story, $190 million luxury condominium project along the Delaware River waterfront. It would be similar to other Trump buildings planned for Las Vegas, Chicago and Tampa, Fla. " "Experts say Dallas has been a hot market for high-end condos. The most successful such projects have been the W Dallas Victory Hotel and Residences and the Residences at The Ritz-Carlton, said real estate consultant Ted Wilson, a principal at Dallas-based Residential Strategies Inc....That's mainly because both the W and the Ritz have "national and even international brand appeal" and are associated with full-service hotels, Wilson said."
  7. Opening up the east side with Park Lane Place Developers it's 'the catalyst to make growth jump over' North Central Expressway http://www.dallasnews.com/sharedcontent/dw...e.17935ca9.html 10:28 PM CST on Wednesday, January 25, 2006 By STEVE BROWN / The Dallas Morning News "Harvest Partners An urban-style shopping complex is planned as part of Park Lane Place. The development also will have apartments, condominiums, a hotel and office space. Work on North Dallas' next megashopping complex starts this weekend with a bang....On Sunday, demolition crews will blow up a 10-story office tower on the east side of North Central Expressway at NorthPark Boulevard to make way for the new mixed-use development." "Along with an urban-style shopping complex, the 33-acre Park Lane Place will include apartments, condominiums, a hotel and office space.The price tag for the development is close to $400 million
  8. The "Mosaic" groundbreaking was announced in a different thread, but to keep up the consolidation of projects in this thread posting the website to the project. Has some cool pictures of the "before" phase. If you go on the website there is a green banner towards the top. Other then that not too much information. http://www.mosaicdallas.com/
  9. Tamtagon... Can't remember if I had. I hope this one comes through. It would be great for main street. The developer was quoted something a few weeks past about the project, so I am guessing it is still in the works. Interesting enough, the Iron Cactus went through the same process to reclad its fascade to reproduce the original but obviously at a much smaller scale. It was a very long enduring process to find the orginal architecture plans that showed the detailing, the rock specifications etc. etc.
  10. Ross Avenue may get tower Developers buy most of downtown block for mixed-use project 12:00 AM CST on Thursday, December 29, 2005 By STEVE BROWN / The Dallas Morning News http://www.dallasnews.com/sharedcontent/dw...2.188a4803.html "Developers have purchased most of a downtown block on Ross Avenue and are studying plans for a high-rise..." "..."We bought everything on the block but the fire station," United Commercial president David Dunning said Wednesday. "We are going to do mixed-use with high-rise residential."...." "Dallas architect Phillip Shepherd
  11. 2 downtown towers bought Dallas redeveloper leads partnership in purchase of historic buildings 08:24 PM CST on Tuesday, December 20, 2005 By STEVE BROWN / The Dallas Morning News "An investor with a redevelopment track record has purchased two downtown Dallas historic buildings. The art deco Tower Petroleum Building and the mid-century modern Corrigan Tower have previously been considered for residential conversion. A partnership headed by Dallas investor Rita Scarfo bought the two buildings, according to Dallas County deed records. .." "..Downtown real estate brokers say the new owners are studying development plans for the properties." "..Built in 1931, the Tower Petroleum Building has been hailed as an architectural gem because of its stone and terra cotta exterior and stepped-back roofline. The 22-story Elm Street high-rise was designed by noted Dallas architect Mark Lemmon, whose credits include the Highland Park United Methodist Church and Woodrow Wilson High School...." "..Constructed to house the city's oil and gas firms, the Tower Petroleum Building also was the first home for Dallas' Petroleum Club. During the 1950s, the building was remodeled to include the lobby for the Tower Theater on the ground floor..." "Adjoining the petroleum building is the 17-story Corrigan Tower on Pacific Avenue. Built in 1951 by Dallas real estate tycoon Leo F. Corrigan, the building originally cost $5 million." "Terms of the transaction were not disclosed. "
  12. Fellowship Church buys building in Arts District Christine Perez Staff Writer http://www.bizjournals.com/dallas/stories/...ewscolumn4.html "Condo developers are doing their part to find new uses for vacant office space in downtown Dallas. Now a booming Grapevine mega-church is doing the same. " "Fellowship Church has snapped up a 44,300-square-foot office building on 2.1 acres in the Arts District for its new urban campus. The church paid Levco Enterprises $4.3 million for the property at 2809 Ross Ave., near Boll Street on the eastern edge of downtown Dallas. " "The new satellite location will seat 1,300 and include 20,000 square feet of children's programming space, a bookstore and coffee shop with street access.... " "With attendance topping 20,000 in Grapevine, the church made a decision last year to expand into other parts of the Metroplex. It opened a 110,000-square-foot campus in Plano in January, as well as a temporary location at North Dallas High School in Uptown. In March, it opened a third satellite at Alliance in Fort Worth...." Cotton Bowl proposal unveiled 12:22 PM CST on Monday, December 5, 2005 By DAVE LEVINTHAL / The Dallas Morning News http://www.dallasnews.com/sharedcontent/dw...onbowl.4358e286. "....The nearly $50 million project would increase the 75-year-old facility's capacity to 92,107 seats and call for the construction of new premium seating areas, restrooms, concession stands, a scoreboard and video board and sound system, according to the 34-page proposal document." "..The second phase would be funded through a city bond program and include the creation of new media and VIP facilities. The city would also replace Cotton Bowl's current seats, add new lighting and upgrade utilities. " "An expanded upper deck wrapping around the Cotton Bowl's end zones would constitute the additional seating, the proposal indicates. "
  13. Tower on way up at Victory Residential high-rise is planned for '07, will have 252 apartments 12:00 AM CDT on Tuesday, October 25, 2005 By STEVE BROWN / The Dallas Morning News http://www.dallasnews.com/sharedcontent/dw...n2.20b9f05.html "..Work is under way on the next tower at Victory, and developers hope to have the residential high-rise ready by the spring of 2007." "Called Cirque, the 28-story tower is being developed by Houston-based Hanover Co. Hanover also built the Ashford apartment tower across the street from the Crescent." "... The building was designed by architects Gromatzky Dupree & Associates...." "..The building is located just east of American Airlines Center at 2500 N. Houston St." "...Cirque will have 252 apartments averaging 1,200 square feet. Rents in the building will average about $2,500 a month...." "..On the seventh floor, the building will have an "aqua lounge," and a fitness center, tennis court and resort-style pool..." "...There will be 10,000 square feet of retail space on the ground floor." "..Cirque is the fifth residential building under construction at Victory..."
  14. From late August... WHATS NEW DOWNTOWN Alice Murray President Central Dallas Association and Downtown Improvement District " Everywhere you turn, Downtown Dallas is making news with announcements like its first grocery store to open in July, the donation of a full city block of buildings by Atmos Energy, the planning of the Woodall Rodgers deck-over project, 7-Eleven
  15. Formerly it does not, and the count is only of whats open. The Dallas Comprehensive plan and Urban Land Institute talk about 10,000 residents in the CBD not including Victory. The number of 2,200 residents currently downtown represents CBD only. Last fall at a lecture series (sponsored by City of Dallas) with the planner who helped plan Portland, announced a goal of 10,000 residents for what Dallas should be concentrating on for a critical mass. I don't think the lecturer was Peter Calthorpe, but some connection to him. TThey are hoping to achive this by 2015, if I remember correclty. The media fuzzes things up. But the article is addresses what they are hoping will happen to the West End as an effect of what is being built adjacent to it in Victory.
  16. Lofty plan for West End site Taking cues from downtown successes, developer plans apartments, shops http://www.dallasnews.com/sharedcontent/dw...2.22183bec.html 12:00 AM CDT on Saturday, October 1, 2005 By SUZANNE MARTA / The Dallas Morning News "Spurred by growing demand for urban living and the buzz surrounding the ritzy Victory development, developers plan to convert a long-vacant West End building into loft apartments....." DARNELL RENEE/Special Contributor "The Purse Building was constructed in 1905 as a regional warehouse for farm equipment. The historic six-story Purse Building, at 601 Elm St., is slated to house up to 70 residential units, plus some ground-level retail space, said Le Sare Carter, a partner with developer Barker-Nichols LLC. Ms. Carter said the firm was encouraged by its early success with the Interurban Building at 1500 Jackson St., a downtown high-rise with 134 apartments, and the upscale Urban Market grocery store and eatery." "...."Residential leasing is very strong downtown, and Victory will bring in a lot more people," she said. The project reflects renewed interest in the West End, just as Hillwood's nearby $3 billion Victory development becomes more of a reality...." "...Already, the shell of the W hotel and condominium complex towers over the project, and luxury retailers and high-end restaurants are on the way...." "....Demand has been strong throughout downtown Dallas, where the center city's 2,200 for-lease units are more than 90 percent leased, said Kourtny Garrett, director of marketing for the Central Dallas Association...."
  17. A couple more. The Hunt tower near the Arts District is looking like it will be breaking ground real soon. They have marked off a grid around the site and believe they will start demo soon. If you want to look at Lincoln properties future new tower across from the Ritz go to www.2000mckinney.com Cirque (formerly the Icon) in Victory has broken ground, they are drilling the piers as we speak. They have just raised the crane on another building infront of the AAC. This is to the pair of building with the enormous LED screens around the plaza. We do have an announcement on the Madrian Hotel. Unofficial, but think this will become official. Victory is not taking announcements lightly with their project. Also you may be interested that Madrian is entering into Texas in both the Houston market and Dallas market. Starck is about to break ground. If you want to see more on Victory(majority of activity in downtown right now) go to www.victorypark.com. Here you will find links to the W, Terrace, The House (Starck's). The thing with Victory is they are having a delivery time schedule for each one of its developments. Starck I believe is to be the transition between this current phase and the next phase in Victory. Downtown- - Old Red should begin replinshing its clock tower with the interior refurbish coming to an end. - We have a new underground parking garages shaping up (a 6 story pit has been dug). This garage will be a new connection to the West End from JFK Memorial. The garage will be underneath with an ornate plaza/waterfountains on top. On Main, we are waiting to see them start going vertical on a new residential tower that will attach to a building currently under renovation. Two different architects - so scheduling is an issue Forest City and City of Dallas have come to a resolution on the Mercantile building and that will begin demolition either December or early next year. First Calatrava Bridge Ground breaking is around December 15. I'll follow up as that draws closer.
  18. An article about the office leasing in the Arts District, but contains a blip about a new office building in Victory. Steve Brown: A 'turnaround' in the Arts District http://www.dallasnews.com/sharedcontent/dw...2.18f69be7.html The Hines Real Estate Investment Trust Inc. ....is also a partner with Victory's developers to build an 800,000-square-foot office tower complex near Stemmons Freeway and Continental Avenue. Hines, one of the country's largest commercial builders and property investors, is best known in Dallas for building the Galleria mall. E-mail stevebrown@dallasnews.com http://www.dallasnews.com/sharedcontent/dw...1.1df26242.html Steve Brown: Office leasing at Victory "...............So far the Victory complex near downtown has focused on residential and retail. But the developers are about to ramp up an office building program for the project. Hillwood Capital said this week that it has hired Bill Brokaw as vice president in charge of office leasing at Victory. Mr. Brokaw
  19. Dallas Business Journal - 5:23 PM CDT Monday Link: http://www.bizjournals.com/dallas/stories/...tml?jst=b_ln_hl "Trammell Crow, The Morgan Group planning Houston development Trammell Crow Co. and multifamily developer The Morgan Group Inc. are teaming up to build Houston's first "New Urbanism Lifestyle Center" that will allow residents of the development to live, shop and dine in a walkable urban environment.....The estimated $180 million mixed-use development will consist of 600 residential units and 400,000 square feet of retail space......" "....The proposed site of the development houses the Houston Independent School District headquarters, which is selling the property to Trammell Crow and is using proceeds from the sale to build a new headquarters. The development site is within walking distance of Greenway Plaza. There will be a number of specialty stores, restaurants and a health club. The area also has access to Southwest Freeway, Loop 610 and the Westpark Toll Road -- all major arteries in Houston....." "...."We're introducing a grand-scale retail/residential concept to Houston at a time when people are rethinking their commuter-driven lifestyles and how they can optimize their time and resources," said Matt Khourie, Trammell Crow's president of Development and Investments, Central U.S. Construction is scheduled to begin in mid-2006. International architectural firm M. Arthur Gensler Jr. & Associates Inc., based in San Francisco, has been selected as the project's master planning and design architect........."
  20. Steve Brown: High-rise plans generate high tension 10:01 PM CDT on Thursday, July 28, 2005 http://www.dallasnews.com/sharedcontent/dw...l.1c8019ca.html "......That roar of the crowd you hear coming from around White Rock Lake isn't for another marathon or softball game......It's the sound of homeowners hollering about plans for a high-rise condo overlooking Dallas' favorite park....But a proposal by developers to erect a 25-story tower on a hill near Garland Road overlooking White Rock Lake is stirring up a hornet's nest...." "Developers Mark Miller and Leon Backes want to build the high-rise in what has to be one of the best locations outside downtown. The tower would be on a high point on the east side of the lake and would overlook the park, the Dallas Arboretum and the nearby Little Forest Hills and Forest Hills neighborhoods.....and would be about five stories taller than the Crescent complex in Uptown...."
  21. Designer Starck plans Victory condos Frenchman says he'll bring 'global view' to 150-unit high-rise 12:19 AM CDT on Tuesday, June 28, 2005 http://www.dallasnews.com/sharedcontent/dw...y.5121dd9e.html By STEVE BROWN / The Dallas Morning News "The last time Philippe Starck made a splash in Dallas, he opened a nightclub during the go-go 1980s real estate boom....." "RICHARD MICHAEL PRUITT/DMN London developer John Hitchcox (left) and Philippe Starck plan to collaborate with a Boston architecture firm on a 26-story residential building at Victory called the House. So it's only fitting that the French designer is back to play a part in Dallas' current craze
  22. 2 office towers set for Victory Galleria builder joins Hillwood to construct first work spaces 10:28 PM CDT on Tuesday, June 21, 2005 By STEVE BROWN / The Dallas Morning News Link: http://www.dallasnews.com/sharedcontent/dw...y.31b9b7bb.html "Houston developer Hines is teaming up with Ross Perot Jr.'s Hillwood development firm to build two office towers at Uptown's Victory project. UNDER CONSTRUCTION The 33-story W Dallas Victory Hotel & Residences with 144 condominiums, 251 hotel rooms and 42,500 square feet of retail space. To open in May....The Terrace, a seven-story, 95-unit condominium building with 24,000 square feet of retail space. To open in May. ...The Vista, a 125-unit apartment building with 25,000 square feet of retail space. To open in May....The buildings will be constructed near Continental Avenue and Stemmons Freeway, at the south end of the 75-acre Victory complex between the West End entertainment district and American Airlines Center....." "....Hines built the Galleria Dallas mall and office high-rises all over the globe...."We hope it's no more than six months away from a groundbreaking," said Mr. Woods. "The first building will be 18 stories with retail on the ground floor."....."It is seeing firsthand the new development going on down there," Mr. Elliott said. "There are eight additional buildings coming on line in the next few years."..... Dallas architect BOKA Powell is designing the two-phase project. BOKA Powell has worked on other buildings proposed for Victory, including a 45-story office and condo tower to be built across the street from American Airlines Center....Almost $450 million in development is under way at Victory.........Next week, Victory's developers are scheduled to announce plans for yet another residential tower
  23. Merc developer is enthusiastic Dallas: Council to vote on brokering deal worth millions in subsidies Link: http://www.dallasnews.com/sharedcontent/dw...y.3181553b.html 08:44 PM CDT on Tuesday, June 21, 2005 By DAVE LEVINTHAL / The Dallas Morning News "...It's a project as complicated as it is expensive. But the man responsible for the redevelopment of Dallas' Mercantile Bank complex and several other vacant downtown office towers gushed with confidence that they'll soon be filled with apartments, condominiums and retail space. "We're going to do a hell of a good job in Dallas," David Levey, Forest City's executive vice president, said Tuesday. "And our deeds will be as strong as our words.".... The total project may cost upward of a quarter-billion dollars. Mr. Levey said that despite the project's complexity and a near breakdown in negotiations with city officials last month, "we're confident, and we're moving forward."...."
  24. 7-Eleven project has an artistic inspiration Architects planning modern look for new headquarters building Link to story with rendering: http://www.dallasnews.com/sharedcontent/dw...n.2ce369cf.html 10:45 PM CDT on Monday, June 20, 2005 By STEVE BROWN / The Dallas Morning News "Developer Billingsley Co. is giving a first look at 7-Eleven Inc.'s new headquarters in downtown Dallas......The One Arts Plaza tower will be built of unembellished concrete, steel and glass. Its 'front door' will be Flora Street. "We are working on construction details right now and plan to break ground in July," said Lucy Billingsley, whose firm is building the $100 million project at Flora and Routh streets...." "...Along with the convenience store chain's offices, the 24-story One Arts Plaza tower will contain an additional 180,000 square feet of multitenant office space, plus 71 luxury condominiums on top...." "....."We are surrounded by these buildings done by world-class architects on essentially unlimited budgets," he said.....Instead of expensive stone or elaborate metal panels, the One Arts Plaza exteriors will be constructed of unembellished concrete, steel and glass......The building's upper levels are accented by a large section of glass wall and balconies for the condominiums.....On the ground floor, two glass and steel wings facing a plaza will have retail space and help mask the parking garage......"
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