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New York and D-FW tops for office building and leasing

Steve Brown

July 19, 2016

 

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Dallas-Fort Worth was one of the top markets in the country for office leasing in the second quarter.

 

Only New York City saw more office demand in the just completed quarter, according to a new report by Cushman & Wakefield Inc.

 

Expanding and relocating business tenants leased 2,934,487 square feet of D-FW office space in the second quarter.

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The D-FW area is also second in the country for building with 7,902,772 square feet of office space under construction at midyear.

 

New York's Midtown area was the top construction market with 9,308,683 of office space being built.

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Dallas-Fort Worth is on track for the best office-leasing year in almost two decades.

 

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One Uptown got a tad more interesting:

 

NYC’s Circo Hits Dallas With A Glass-Bottom Pool & Bathroom Bartenders In 2017
Amy McCarthy
July 21, 2016

 

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It’s official, Dallas – the Maccioni Restaurant Group has big plans to bring its "upscale, circus-themed" Tuscan cuisine all the way from New York City to Dallas.

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Originally opened in 1996, Circo brings similarly upscale Tuscan cuisine (think tortelloni carbonara and salt-crusted bronzino) via a selection of prix-fixe and chef’s tasting menus.

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Wine Spectator describes the Dallas outpost of Circo as a "resort-style restaurant," a fitting description considering that the two-story location will feature a glass bottom pool with retractable glass roof, pricey spa treatments, and dance floor space.

 

And in even more bizarre news, private bartenders will be on hand to greet you in the powder room with a glass of champagne before you head to the pool.

 

 

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Look: Here’s the development coming to Zang at Davis
Rachel Stone
July 26, 2016

 

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A developer’s plans for the northeast corner of Zang and Davis includes 305 apartments as well as townhomes, restaurants, shops and a 15,000-square-foot public plaza.

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The property is zoned for buildings as high as eight stories, but Crescent is planning to build six stories on Zang at Davis, scaling back to five, four and three-and-a-half stories moving north along Zang, where there will be two-story walkup apartments made to look like townhomes with stoops.

 

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The company also wants to build three-story townhomes on Zang at Neely, but the zoning requires a retail component, so the developer is requesting a zoning change to allow the for-sale townhomes, which would have their own private garages but also front porches.

 

Part of the property, just east of Beckley, could be developed in the future, possibly as a grocery store.

 

“As a company, we are a bit obsessed with community and thoughtful place making that necessarily starts with understanding a project’s context, its history, its people … its story,” says Michael Blackwell of Crescent Communities.

 

 

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Crescent provided these renderings to the Advocate, emphasizing their plans to use brick and high-end materials that complement the neighborhood. The apartments will consist of the “flatiron building” and the “Davis building,” both inspired by early 1900s architecture, with a plaza at the center. The plaza is “inspired by great European precedent and select cafe-lined pedestrian streets in some U.S. cities,” Blackwell says.

 

The development also includes about 13,000 square feet for restaurants and 10,000 square feet for shops.

 

 

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The project is seeking the zoning change for the townhomes. But it’s not taking away existing housing, and unlike two adjacent projects, from Alamo Manhattan and the Nazerian family company, it is not seeking taxpayer funding.

 

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*drools*

Awesome pics. Katy Tower looking about halfway in height. Blue Ciel, slow and steady but have patience, she'll get there. This pic with Midtown/Galleria in the background is baaaad. Just wait till Scott Beck or Hillwood get another tower up over there.abnHaOf.jpg

 

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Your first look at Dallas Love Field's new $208 million parking garage landing in late 2018
Robert Wilonsky
August 1, 2016

 

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The new parking garage at Dallas Love Field will cost more than originally expected and open later than originally announced. But when the $208 million facility starts parking cars in October 2018, it will be "better than your average good-luck-finding-a-space garage," Dallas' director of aviation told the Dallas City Council this morning.

 

The new garage is currently under construction next to the main terminal and will hold some 5,000 cars on nine floors — two below ground, seven above — when it opens in the fall of 2018, said Mark Duebner, who oversees operations at Love.  Each spot will be outfitted with a sensor, there will be ticket pay stations scattered throughout, and there will be license-plate readers, he said, "that can tell you where you parked if you forgot."

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And, Duebner said, it wasn't just as simple as adding a new parking lot at Love, which is "wall-to-wall people" at peak since the Wright Amendment's restrictions were lifted in October 2014. Other modifications had to be made as well, including the addition of a $2.6 million "weather-protected vestibule to help with passenger circulation."

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Originally officials guesstimated they'd see 7 million passengers a year by 2032. Now they believe they'll fly 8.2 million passengers annually come 2032 — at the very latest.

 

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The new garage is also allowing — and, in some cases, forcing — the city's aviation department to fine-tune the redone Love. For instance, Duebner said, it will cost $600,000 just to move the Spirit of Flight sculpture as part of the garage build-out. 

 

The Dallas Police Department will also get an expanded facility in the new garage, which will cost around $4.6 million, and Love is having to add what's essentially a service-animal restroom on the other side of security per federal regulations.

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The project is being funded entirely by bonds issued by the aviation department. Those bonds are not taxpayers' responsibility but are repaid through revenue generated by the airport.

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The city has also been talking about trying to put a hotel at Love.

 

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Crescent Communities Releases Details on Bishop Arts Development, Brownstones May Not Stick
Amanda Popken
August 2, 2016

 

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Crescent Communities released more details about its project planned at Zang and Davis near the Bishop Arts District. The residential components offer a variety of types and sizes to appeal to a range of budgets and lifestyles.

 

Most controversially, the second phase North Site plan includes a set of 30-38 brownstones with single units — each three to three-and-a-half stories high, made of high quality materials, and with walk-out roof terraces. The Towns on Zang product would likely be a great addition to the neighborhood if the front entrance stoops weren’t so devoid of character, but the question is whether Crescent would develop the property themselves, or sell to another developer. Their portfolio doesn’t include multi-level brownstones currently, and according to neighborhood watchdog Councilman Scott Griggs, their plan is to change the overlay to allow residential, then sell.

 

The current zoning overlay requires one-story retail frontage all along Zang Blvd. Removing the requirement for retail frontage would allow even dingy apartments to be built. Griggs insists upon including stipulations for street-access units if/when changing the zoning overlay.

 

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Walk-up units are also included in the first phase West Site plan, requiring the same zoning overlay amendment to allow residential along Zang. The Steps of Zang apartments could meet the original intent of the overlay by providing ‘eyes on the street’ as residents walk to and from home, and creating activity from a diversity of uses. All of which increase safety.

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Around 15,000 to 25,000 square feet of restaurant and retail space would extend from the Terrace (at the northeast corner of Zang and Davis), along Davis, through the large interior piazza, and along Beckley. Between 280 to 300 apartments would be included in this phase atop the retail:

 

  • Steps on Zang – Walk-up, two-story townhomes along Zang with individualized home entries & patio gardens.
  • Flatiron – Larger floor plans with panoramic corner views from the Bishop Arts District around to the Piazza.
  • Neely Porches – Large “front porches” facing Lake Cliff with treetop views to downtown.
  • Davis Street Lofts – Open floor plans overlooking Davis St and the Terrace, Piazza, & Porch.
  • Piazza Juliettes – European-style flats on the Piazza with Juliette balconies.

 

 

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Interior amenities include “Stevie Ray’s Pool”, shaped similar to a guitar, and a publicly accessible residential lobby similar to the ACE Hotel, in Portland — with the “come and stay” ethos of a coffee shop.

 

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“This project offers a public space that will become a permanent part of the neighborhood fabric.  Access to it is open and unrestricted.  Our hope and intention is that it will become the next landmark space in Bishop Arts – an offering to the community as a public living room.”

 

Kevin Sloan

 

 

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From Candy's Dirt:

 

New Toll Brothers mid-rise in Oak Lawn.

 

The multi-family project will be located at 2728 Wellborn Street.

 

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The Toll Brothers project is proudly apartments that Toll Brothers will retain ownership and management of in the long term.  Another difference is unit size.  

 

While the smallest units at Turtle Creek Haus will be 900 square feet, the average in the Toll Brothers’ project will be 845 square feet (illustrating the condo versus apartment mindset).

 

One commonality is their steel reinforced concrete construction, which should be applauded for its longevity over stucco and wood construction.

 

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Dallas architect Corgan will expand its downtown headquarters in the West End
Steve Brown
August 4, 2016

 

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With so much business, Corgan has decided to do some building of its own - making a major expansion to its headquarters in downtown Dallas' West End district.

 

The company plans to renovate and add onto its 10-year-old building on Houston Street at Ross Avenue. The expansion will add more office space and a parking garage to the existing 3-story building.

 

"We studied alternative locations and decided that staying in downtown Dallas, in the West End in a building we designed, was the best cultural and operational fit for our firm," Corgan president Bob Morris said in a statement. "It is also wonderful to see the exciting new office, housing, amenity and technology developments underway in the West End today.

 

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Construction will begin this fall and is scheduled for completion in mid 2018.

 

Plans show an 8-story addition on the west side of the current building on land now used for parking.

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The expansion will allow Corgan to consolidate offices now located in another downtown building.

 

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1401 Elm has changed from "The Olympic" to "The Drever."

 

Landmark Dallas skyscraper gets a new name and redevelopment plan
Steve Brown
August 10, 2016

 

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The developer says the skyscraper will be redeveloped into "a luxury high-rise combining residential, hotel, spa, retail, office and restaurant."

 

The tower is scheduled to reopen in 2018.

 

"The Drever is a legacy for my family and the generations to come," said Maxwell Drever, chairman of Drever Capital. "This is a long-term commitment for us.

 

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Specifics of the project include a 236-room five-star hotel, 348 apartment units, a spa and wellness center plus restaurants, retail and entertainment.

 

The Drever will have an outdoor terrace rooftop deck, with pool, fire pits, rain showers, fitness center and dog park.

 

The eight-story base of the tower will be converted into a more than 27,000-square-foot retail space, 44,000 square feet of office space, and the hotel and residents' lobbies.

 

Plans call for the 50th floor to have a public observation deck.

 

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Billingsley Co. plans new warehouse project on LBJ Freeway
August 12, 2016
Steve Brown

 

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Billingsley has filed a permit with the City of Dallas to build a 330,337-square-foot warehouse building in the project.

 

The developer has already built and mostly leased two large industrial buildings in the project.

 

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The 225-acre office and industrial park is located near the northwest corner of LBJ and Interstate 35E.

 

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$90 million proposal puts a parking garage in Klyde Warren Park. Wait. What?
Robert Wilonsky
August 16, 2016

 

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On Thursday, Jody Grant, the chair of the Woodall Rodgers Deck Park Foundation, will go to City Hall to debut the latest iteration of the Klyde Warren, which includes a new deck topped by a parking garage covered with a bar and restaurant, elevated walkways stretching east toward the Arts District and west toward the Perot Museum of Nature and Science, a cantilevered deck hanging over the freeway and the long-promised fountain along Pearl Street, among other significant additions and alterations. 

 

You read that right. A parking garage would be built on a new deck between St. Paul and Akard streets, with room for 70 to 90 spaces. That garage — known as Sky Park — would house the park's offices. There would also be a restaurant and bar with an open-air deck, and it would go directly in front of oilman Ray Hunt's headquarters.

 

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Sky Park will have a sibling: Sky Deck, hanging off Akard over the freeway. Grant calls it an event space. 

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Grant said Sky Park would be the centerpiece of the whole project — the one thing that could actually generate revenue for operations and maintenance and pay down debt service. In fact, Grant said, "Without the garage we would abandon the whole project."

 

Because that do-over won't be cheap. Grant, who put his own millions into the original deck park and helped make something out of literally nothing, said the additions will cost around $90 million, just $20 million less than the deck park's original price tag. He said the foundation will raise $50 million of that, while the city's being asked to cover the remaining $40 million in bond dollars. 

 

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"If this works, I am committed to working on it and making it happen," Grant said. "If it doesn't I will pass it to someone else."
Either way, the park will still be there.

 

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Urban Genesis Begins Bishop High Line Apartments this November
Amanda Popken
August 18, 2016

 

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As soon as the rain lets up, demolition will begin on the four homes where 70 apartments will be under construction in November. Urban Genesis spoke with the Bishop Arts Neighborhood Association Tuesday night about the Bishop High Line project and the other 50 apartments they have planned just a block away. The projects are planned along Melba Street between Madison St. and Adams St.

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Urban Genesis is a merchant builder, planning to keep their investment for between 5 and 20 years, so they’re invested in spending more on characteristics that will pay out over the long term, such as conditioned interior halls and elevators. Also, the secured parking behind will have eight-foot, board-on-board fence along the back, with open gates on the side. “It’s not going to be ugly,” says Matt Shafiezadeh, one of the developers with Urban Genesis.

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And, unfortunately, the Urban Genesis developers were able to take advantage of a loophole in zoning that allows trees on residential lots to be cut down without any stipulations on replacement. Whereas, the Nazerians down the street saved every tree they could around every house they demolished, planning much of their development around the big old trees, and will be required to plant new trees to replace those that will be cut.

 

Oak Cliff is prized for its big, old trees. That’s the appeal of the area — and its namesake. It’s why the city recently spent $70,000 to move two mature oaks in the path of the Bishop Arts streetcar stop.

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The Urban Genesis team encouraged neighbors to put together a design committee to recommend design changes before they go to the TIF Board for approval. If not granted TIF funds, the developers would not be able to make planned improvements to the alleyway and streetscape. If they do accept TIF funds they will also be subject to design recommendations from the Urban Design Peer Review Board as well as required to include 20 percent affordable housing.

 

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The Cedars will soon get another residential project.

 

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Digit, his next residential project, starts next month. The 102-unit apartment project will fill a pie-shaped vacant lot on the north side of Corinth Street at Akard.

 

"We are closing on the land on September 9 and are calling the building Digit," Roumaya said.

 

The rental flats will range in size from under 700 to more than 1,100 square feet in the brightly colored, four-story building. Rents will start at about $1,200 a month.

 

Architect Kevin Parma of Parmadesign designed the project.

 

 

Read more here.

 

View project location here.

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