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JasnoDTX

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Family office begins work on new office building near Maple Avenue in Dallas

 

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Project Location

 

The new four-story, 31,483-square-foot boutique office building, called Parkland Knight, will sit at the corner of Knight and Fairmount streets in Dallas upon completion.



John Thompson Jr. of J.T. Philip Co., along with Nancy Tartaglino Richards and Lisa Barrentine — founder and CEO, respectively — of First Preston HT, will own the office building, which is slated for completion by the end of summer 2018.


The families' home offices will sit on the fourth floor of the office building, totaling 9,000 square feet. 



The building will also have a rooftop terrace with views of downtown Dallas and a ground-floor coffee shop.

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Statler Hotel developers starting garage and mixed-use project this month in downtown Dallas

 

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Preservation Dallas

 

Dallas' city plan commission has given approval for a mixed-use building that would be constructed on Harwood Street next door to the former Dallas Public Library building.

"CADG Jackson Parking A LLC, an affiliate of Centurion American Development Group, plans to break ground on a six level subterranean parking garage located at the northeast corner of Hardwood and Jackson streets in downtown Dallas," Centurion American Development representatives said in a statement. 



"Future plans also include construction of residential housing units above the garage.


"Construction on the garage should begin July 2017," the spokeswoman said. "The garage is being built to help meet the parking needs of the Statler Hotel & Residences as well as the Statler Library.

 

Project Location

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Global law firm gains foothold in Uptown with Park District deal

 

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Winston

 

Global giant Winston & Strawn LLP will open its new Dallas office in Uptown's Park District office tower adjacent to Klyde Warren Park, putting the law firm in a high-profile building with building signage rights.



The law firm decided to lease two floors at PwC Tower at Park District totaling about 56,000 square feet of office space and building signage rights.

Winston & Strawn, which was founded in Chicago, has been looking for a permanent home in Dallas since February, when the firm announced it had lured nearly two dozen prominent North Texas partners from eight different area firms to open the new office.


A former federal prosecutor who is recognized as one of the leading trial lawyers in the nation, Melsheimer said this office could be one of the most successful law firms in Dallas.


"There's a trend of law firms going to Uptown or on the north side of downtown Dallas as Uptown remains tight," said Puckett, an executive vice president in CBRE's Dallas office.



The high-quality office buildings are attracting prestigious law firms wanting to build their brand and identity in Dallas, he added.


"Dallas is such a major focus in the United States right now, with law firms wanting to brand their firms on the buildings in a tasteful manner; and we've never seen this in the past," he said

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The Statler brings in operator to manage five restaurants and bars, events

 

Quote

The operator, Dallas-based Epic F&B LLC, will manage and operate about 58,000 square feet of space at The Statler, with the help of local chef Graham Dodds, who is the culinary director for the operations firm. Dodds served as the original chef of Bolsa.

 

  • Overeasy: A farm-to-table concept serving breakfast, lunch and dinner with a gourmet coffee bar with patio space on Commerce Street.
  • Scout: (see below) A 12,000-square-foot space with American food, craft beer, live music, four bowling lanes, four ping-pong tables, billiards tables and foosball tables.
  • Fine China: A full-service lunch and dinner Pan-Asian restaurant and cocktail bar with sake, Japanese whiskies and high tea.
  • Bourbon & Banter: An underground cocktail lounge with a bourbon and whiskey library and craft cocktails.
  • Waterproof: (see below) A poolside roof deck and lounge on the 19th floor of The Statler.
  • The Grand Ballroom: A nearly 12,000-square-foot space that could host concerts, large events and weddings. Former performers in the ballroom include Frank Sinatra, Michael Jackson and Tony Bennett.

 

Due to this forum's shortcomings, renderings were not able to be posted. No other forum had this issue.

 

Renderings:

 

Curio Collection

Edited by Sic'EmBears
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Downtown Dallas building redo gets $14.6M in funding

 

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Project Location

 

Called Mid Elm Lofts, the buildings at 1512, 1514 and 1516 Elm are being converted into a combination of retail and loft apartments.



Metropolitan Capital Advisors said Thursday that it has arranged a $14.6 million construction loan for Westdale Real Estate Investment and Management for the project.

"Mid Elm Lofts will feature 29 high-end, boutique apartments in a turn-of-the- century loft setting, with ground floor retail, basement retail and a trendy rooftop retail area," the Dallas-based financial firm said. "Due to the complexity of the project, it took 3 years to arrange the financing of this project."

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Texas on tap for new U.S. Cricket stadium with help of JLL

 

USCricketLeaguePrototypicalComplex_15003

 

Dallas-Fort Worth could get another major sports team added to its roster as part of a $2.4 billion venture to launch another U.S. sports league, which would be the biggest pitch since Major League Soccer.



Global Sports Ventures LLC, which announced it planned on establishing a professional cricket league in the United States, hired JLL's sports and entertainment group to find attractive development sites in eight U.S. cities, including Dallas-Fort Worth.


If the sites are found, these cities could be home to a cricket-specific stadium and a mixed-use development as early as 2020.



Dallas-Fort Worth will be a big contender for the planned Texas charter location. 

Other charter cities or regions include: New York, New Jersey, Florida, Washington, D.C., Georgia, Illinois and California.

Upon its launch in 2020, the U.S. Cricket League plans to expand in four to six additional markets.

The first eight stadiums and their surrounding developments are expected to cost Global Sports Ventures $2.4 billion and create 17,000 jobs. Each development could have a cricket stadium, club house, restaurants, hotels, retail, residential and office space.

JLL's International Director David Demarest said the brokerage firm has already begun its site selection and is reviewing multiple sites within the targeted cities.

The stadiums are expected to cost $70 million to $125 million, with ancillary costs of $80 million to $100 million for the mixed-use developments accompanying the cricket stadiums.

 

USCricketLeaguePrototypicalStadium_15003
11 Alive

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Planned mixed-use project of nearly 275 acres would be one of the first along I-20

 

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Project Location

 

Centurion American Development Group is getting approvals for the almost 275-acre project at I-20 and Lancaster Road. The development would include sites for construction of townhouses, apartments, retail, office and hotels.


A preliminary site plan shows that the retail and commercial construction would be concentrated at the south end of the property near I-20.



Townhouses and apartments would be built at the north end of the heavily wooded tract near the DART light rail Blue Line.

Centurion American's planned development is just southeast of the University of North Texas' southern Dallas campus and is adjacent to a DART commuter rail station.

Homes in the project would be within walking distance of the transit line, according to city planners.

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Reminds me of the way areas along I-66 have been built out in Fairfax County, Virginia.  Lots of commuter townhomes.  But what is walking distance when summer trips home occur at 95+ degrees?  Do they mean the homes will have subterranean ped-tunnels like downtown? 

If a Real Walking City like San Francisco or London were to have a week of 95+ degree temperatures, even their people in white collars would only walk up to about 250 feet between air-conditioned enclosures  (Summer afternoons there are often about 70 degrees).

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1 hour ago, strickn said:

Reminds me of the way areas along I-66 have been built out in Fairfax County, Virginia.  Lots of commuter townhomes.  But what is walking distance when summer trips home occur at 95+ degrees?  Do they mean the homes will have subterranean ped-tunnels like downtown? 

If a Real Walking City like San Francisco or London were to have a week of 95+ degree temperatures, even their people in white collars would only walk up to about 250 feet between air-conditioned enclosures  (Summer afternoons there are often about 70 degrees).

 

Looks like studies have been done on walking in heat versus no heat

https://books.google.com/books?id=eTBLC2dY894C&pg=PA301&lpg=PA301&dq=study+walking+distance+temperature&source=bl&ots=N_JnjxLXOz&sig=AGyRaPMmlSR2ANi_x8j6ex0JWmI&hl=en&sa=X&ved=0ahUKEwiJqca7_ZrVAhVE9IMKHf_XBG8Q6AEIKDAA#v=onepage&q=study walking distance temperature&f=false

Quote

In an unpublished study of observed walking tips at noon in the CBD of Montreal, it was seen that walking distance to destination or a long stop was unrelated to actual walking distance through a temperature range of -21°C to +31°C [-6°F to 88°F].

 

This could mean that as long as it is walk-able during the spring, people will still walk it in the summer

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While it could mean that, I think there's ample reason the study went down seventy degrees below room temp, but a fraction of that above it.  People don't like having to wash their clothes for the day after ten or fifteen minutes outside -- and for all of the Texas Triangle cities, there's a bit more than a third of each calendar year that the average daily high temperature is above 88 degrees...

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DFW places second, only behind NYC, in apartment delivery for 2017.

 

Via Rent Cafe:

 

Dallas-Fort Worth, the job-centric Texas mega-hub that has seen the largest population increases in the entire country, adding approx. 143K new residents from 2015 to 2016, is second when it comes to new apartment supply.



No less than 25,000 new units are planned for completion this year, making Dallas even more desirable for renters who seek affordability and variety in their housing choices. The local rental market is relatively stable with rent growth at a moderate 3.5% y-o-y. Average rents in the Metroplex hover around $1,094, significantly lower than the national average and half of what New Yorkers shell out on rent on a monthly basis. 

Moreover, with a diverse economic sector and steady job growth, the employment picture is rock-solid in D-FW, so it’s no wonder young professionals are arriving in droves.

 

Top-US-Markets-for-New-Apartment-Deliver
Candys Dirt

 

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Construction kicks off on renovations to Dallas' historic Ambassador Hotel

 

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Project Location

 

The landmark Ambassador Hotel just south of downtown is Dallas' oldest surviving hotel building.



Built in 1905, the 6-story building on Ervay Street is owned by a partnership headed by developer Jim Lake Jr.


"We are officially underway."


"The outside will not change," Lake said. "The public areas will not changewe will restore all those. It gets all new infrastructure."



A ground-level swimming pool, retail space on the first floor and tenant amenities including a lounge are part of the plans for the building.

"We are working with Dallas Heritage Village next door to have a connection to them," Lake said. "We are working with the city to abandon St. Paul Street behind the building."

 

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Home goods retailer shopping Dallas area for new shipping hub

 

You can add online retailer Wayfair to the growing list of ecommerce companies scouting the Dallas area for new warehouse operations.



The Boston-based furniture and home goods Internet retailer has been shopping the Interstate 20 corridor in south Dallas County for a new warehouse location.


Wayfair officials confirm they are looking for a spot  in North Texas.


The Interstate 20 corridor is one of the country's fastest growing industrial and distribution markets, with new shipping hubs for Quaker Foods, BMW, Hyundai and other firms.

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9 hours ago, Sic'EmBears said:

 

Perhaps you should read what I quote.

 

 Yeah.  I read everything you quoted.  Doesn't answer my question.  Among the many other Steve Brown exaggerations, We were also told that work was beginning on the Hall Arts  Residences and hotel 3+ months ago.  How's that coming along?

 

I thought someone might have some knowledge of the project beyond what appears in the DMN.

Edited by Houston19514
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EY investing $10M in downtown Dallas cybersecurity center, to employ 300

 

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Ernst & Young said Thursday that it’s investing $10 million to expand its Dallas footprint by 14,000 square feet, as the company goes after the crowded cybersecurity market.



The new cybersecurity center will house 300 employees, with about three-fourths of them coming via new hires, said Ben Trowbridge, EY cybersecurity managed services leader and executive director. The center will get up and running in September, and execs have a goal to complete hiring within the first 12 months.


The facility will also include a

24/7 operations center, a cyber innovation center, an executive briefing center, and a “cyber range,” where clients can replicate real-world conditions during trials.

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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.

 

1501610016-JLL-data-center-absorption-H1

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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.

 

1501691268-Wynnewood_Village_concept_2.j

 

1501691269-Wynnewood_Village_concept_1.j

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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.


 

DeepEllumHall_DeepEllumDist-map.jpg

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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.


 

1502392763-Screen-Shot-2017-08-10-at-2.1

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

 

1504192794-8010ParkLane_2.jpg?w=724&h=50

 

1504193311-8010ParkLane_1.jpg?w=724&h=50

 

Bottom left (NW) corner:

 

1504192832-ParkLane-SitePlan.PNG?bg=fff&

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