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The proposed tower will sit in-between the newly-built Frost Bank Tower and another proposed office tower, 2850 N. Harwood, on the empty lot directly across Randall St.

 

Exclusive: Crescent Communities eyeing Dallas tract for 20-story tower
Candace Carlisle
April 13, 2016

 

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The site — which is about three-quarters of an acre — at 2007 Randall Street is bound by the McKinnon, Randall and Harwood streets in the Harwood District.

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Crescent Communities has filed a rezoning request with the City of Dallas, asking for additional density for the project for a 240-foot tall building, or a tower that is 20- to 22-stories in height.

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"This will be a smaller project in an internationally inspired district that is liveable, walkable and ensure the restaurants would continue to see traffic on the nights and weekends and give office tenants a place to live," he said.

 

Crescent Communities — not to be mistaken for Crescent Real Estate in Fort Worth — could get the project underway by the end of the year, or the first quarter of 2017.

 

WDG Architecture in Washington, D.C. is the project architect.

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Blackwell has been scouring Dallas for "unique and authentic," places with lots of nearby employment and restaurants that are similar to Dupont Circle or Washington Circle in Washington, D.C.

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"We want to develop in incredibly dynamic neighborhoods," he told me. "We want a unique chance to knit in with the neighborhood."

 

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Small update:

 

Developer Craig Hall hires exec to work on downtown condo tower
Steve Brown
April 14, 2016

 

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Called Hall Arts Residences, the 44-unit luxury residential building is being designed by HKS Inc. and Emily Summers Design Associates.

 

Hall Group said Thursday that it has hired Lea Anne Laughlin as vice president and director of sales for the condo project.

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Laughlin has previously worked with Hillwood Development and Briggs Freeman Sotheby’s International Realty.

 

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EXCLUSIVE: Zales' parent Signet confirms building new office campus at Cypress Waters
Candace Carlisle
April 15, 2016

 

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The world's largest retail diamond jeweler — Signet Jewelers — has exclusively confirmed with the Dallas Business Journal that it plans to develop a new Dallas campus at Cypress Waters, which will include a 225,000-square-foot office building and a 31,000-square-foot manufacturing facility.

 

The two-building campus will sit lakeside in Cypress Waters and will give the Akron, Ohio-based jewelry company the ability to enhance its manufacturing capabilities in the region.

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"The campus will be newly constructed, allowing us to configure the space to best meet the needs of the business, while providing team members with a modern, comfortable working environment," he added. "The new building will be fully occupied by Signet team members and as Signet continues to evolve, the new campus allows for that transformation to continue."

 

The new manufacturing building will bolster Signet's manufacturing ability in the region to build diamond bracelets, jeweled rings and other intricate jewelry, with enough space for 150 employees to work. The facility also gives Signet the ability to better control its operational costs.

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"This will be the first building on the lake edge," Lantz, senior vice president of investments and build-to-suit activity for Billingsley, told the Dallas Business Journal. "We are starting the development of The Sound and the campus will overlook the water and this will be a great amenity for the employees that will office there."

 

The campus will connect to a six-mile hike-and-bike trail around the lake. Construction will also begin on apartments adjacent to the lake by the end of the year.

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Construction is slated to begin in June on the campus, with the manufacturing building expected to be complete first followed by the office building. By the end of 2017, Signet will move into its new campus.

 

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More development on the way for Dallas’ City Lights property near downtown
Steve Brown
April 15, 2016

 

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Now, Greystar is eyeing plans for a second phase to its City Lights apartment community an the vacant tract next door.

 

The developer has filed plans with the City of Dallas for the 2.2-acre vacant property that was also part of the original City Lights tract. It’s at Live Oak and Texas Street, right across from the Latino Cultural Center.

 

Greystar is already building the 23-story, 302-unit Ascent apartment building in Dallas’ Victory Park, across the street from the American Airlines Center arena.

 

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Costco has officially submitted architectural plans:

 

First look at Dallas’ first Costco store on North Central Expressway
Steve Brown
April 15, 2016

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After months and months of discussion discount superstore retailer Costco has filed architectural plans for its first Dallas store.

The 146,000-square-foot warehouse-style retail building is planned near the southwest corner of North Central Expressway and LBJ Freeway in North Dallas.

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The Seattle-based warehouse club spent years looking at alternative store locations before picking the former park-and-ride location just off Central Expressway.

 

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22 minutes ago, BigFootsSocks said:

Whoa...Dallas doesn't have a Costco?! Damn...so many $1 hot dogs going unappreciated...

 

Most Dallas residents currently drive to either store in Plano.

 

From the article:

 

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Costco already has stores in Duncanville, Fort Worth, Arlington, Southlake, Lewisville, West and East Plano, Frisco and Rockwall.

 

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Historic Dallas High School will reopen next year as offices and retail space
Steve Brown
April 18, 2016

 

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Developers who are redoing a landmark downtown Dallas building hope to have the work done by next year.

Commercial real estate firm Matthews Southwest is turning the century old Dallas High School at Pearl and Bryan streets into a combination of office and retail space.

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Built in 1907, the 4-story building has been empty since the 1990s.

 

Matthews Southwest bought the old school last year and is spending $50.4 million on the mixed-use redevelopment. The project will include 66,000 square feet of offices and 26,000 square feet of retail space.

 

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A lease for 35,000 square feet of office space has already been signed in the building, Matthews Southwest told Dallas officials in the TIF funding request. Real estate brokers say that international architect Perkins+Will will move its local operations into the project after completion.

 

Matthews Southwest said it will use the requested economic incentives to pay for streetscape upgrades, environmental remediation and demolition and facade restoration. Dallas’ city council is set to vote on the funds on April 27.

 

The developers say they plan to sell off extra land surrounding the landmark school. That property along Live Oak Avenue could be used for construction of apartments or more office space.

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Highland Park Village update:

 

- Tory Burch visited Highland Park Village a few days ago, opening her new Tory Sport pop up. Currently two Tory Sport stores have opened: SoHo and NoLIta. 

 

- Stella McCartney was also at Highland Park Village this past Tuesday, attending a carnival-themed party for her new collection.

 

- Theory opens their first Texas store April 22.

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Groundbreaking this morning for Uptown’s Union tower complex

The complex will include a 22 story office and 31 story residential. It's nice to see Dallas now has 4 30+ story bldgs under construction.

 

 

http://bizbeatblog.dallasnews.com/2016/04/groundbreaking-this-morning-for-uptowns-union-tower-complex.html/

 

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Southwest Airlines ready to take off with $143 million Love Field operations center expansion
Steve Brown
April 20, 2016

 

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Southwest Airlines hopes to break ground in late spring on a major expansion of its facilities at Dallas’ Love Field.

 

The Dallas-based airline has filed building permits to construct a $145 million “office building and flight simulator building” at 2175 Research Row.

 

The new complex would contain more than 865,000 square feet and will be six stories, according to the building permits.

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The development site is in the same area where Southwest recently built an almost $100 million addition to its Dallas base.

 

To connect the two operations, Southwest will build a pedestrian sky bridge across Denton Drive.

 

The building permits show that the 5,571-square-foot bridge will cost $3 million.

 

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

 

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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.

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

 

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

 

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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.

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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.

 

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