Sic'EmBears
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Posts posted by Sic'EmBears
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A behind-the-scenes look at Main Street's second flagship department store, FortyFiveTen:
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2 hours ago, JasnoDTX said:
Just got back from there. I took this about an hour ago off Harry Hines.
My beloved Katy Station looked great. Its probably hitting 25 stories now but I couldn't safely get a shot. Traffic was moving too fast and there was a wreck with a train!!(?)
Thankfully, no reported injuries resulted from the collision.
The TRE was only delayed 23 minutes and the Texas Eagle has already continued its journey to San Antonio from Chicago.
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Luxury office tower in Harwood District to begin soon
Candace Carlisle
September 7, 2016QuoteAfter months of planning, Dallas-based developer Harwood International plans to begin construction on its newest luxury office tower.
The 22-story, 226,778-square-foot office tower, called No. 10 Harwood, at 2850 N. Harwood St. in the Dallas is expected to get underway Thursday morning with an official groundbreaking ceremony.
QuoteDuring the planning, Harwood executive Jihane Boury, who oversees the developer's leasing efforts, said the firm would like to have about 65,000 square feet of the building pre-leased by a corporate tenant before beginning construction, which could mean Harwood could feel bullish on its chances to snag a key tenant.
QuoteThe ground floor of the tower will have more than 9,000 square feet of retail and restaurant space with adjacent gardens and outdoor seating.
The gardens will continue up the building to the 10th floor with 17,214 square feet of green roof terraces, as well as a 10,485-square-foot boutique office penthouse with two private green roof gardens.
Last we spoke to Harwood about this project, the developer was looking for a restaurant partner for a ground-level concept within the tower.
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Gaylord Texan to break ground on $120M expansion
Korri Kezar
September 7, 2016QuoteGrapevine’s Gaylord Texan Resort will unveil plans and break ground tomorrow on a $120 million expansion project.
Expected to be complete in 2019, the construction will add more than 300 new guest rooms and 86,000 square feet of meeting space, bringing the hotel’s total to 1,811 guest rooms and 490,000 square feet of meeting space.
QuoteThe project, first announced in January, will make the Gaylord the nation’s second-largest non-gaming convention center hotel when measured by total self-contained exhibit and meeting space.
It will also bump the hotel, currently the region’s third-largest, to North Texas’ second-largest lodging when measured by number of guest rooms. It will trail only the Sheraton Dallas Hotel, which has 1,840 rooms.
QuoteThe cost of the project is estimated at $383,000 per key.
An annual $1 million hotel occupancy tax rebate over the next 10 years, for a total of $10 million in incentives, is also being extended by the city of Grapevine.
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Scott Beck's Trophy Club development gets underway
Candace Carlisle
September 7, 2016QuoteDallas developer Scott Beck has begun site work on a mixed-use development he calls the "crown jewel" of Trophy Club Town Center, which will bring a new hotel, luxury apartments, office building, townhomes and retail space to the small North Texas town.
QuoteBeck is working alongside other development partners of the Trophy Club hub, which includes Plano-based Green Brick Partners (developing 39 townhomes), North American Properties (a 250-unit luxury apartment community), and a 110-room Hyatt Place hotel by Kriya Hotels.
The mixed-use development also includes a six-story, 75,000-square-foot office building being marketed by Dallas-based Stream Realty Partners on behalf of Beck Ventures.
The Weitzman Group's Gretchen Miller, Daniel Morales and Eric Vickers are marketing and leasing about 65,000 square feet of retail space for the developer.
In all, the construction will bring more than $100 million of new real estate to Trophy Club.
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Walsh Ranch development begins to take shape west of Fort Worth
Sandra Baker
September 3, 2016QuoteOn Wednesday, Aledo school officials will ceremoniously turn dirt to mark the start of construction of an elementary school on the legendary Walsh Ranch in the far west reaches of Fort Worth.
QuoteNearby, crews have been scraping land, preparing the once-untouched prairie for streets and 580 home lots, just a portion of what’s to come. Developers estimate the land could one day be home to 50,000 people, roughly the current population of Grapevine.
About 1,700 acres are included in the first development phase of the 7,267-acre Walsh Ranch, which has been held by the family since the 1930s.
QuoteGoing forward, the development won’t be called Walsh Ranch. Instead, it will be branded simply as the Walsh.
Over the past decades, every stitch of land has been thought about, down to the planting of a farm of 16,000 trees to be used within the development. About 700 of the trees are now being planted along Walsh Ranch Parkway north of Interstate 20. The road eventually will bisect the entire ranch on both sides of the highway.
Moreover, about 2,300 acres are being set aside for green space. The Walshes partnered with Fort Worth’s Botanical Research Institute of Texas to determine how to reclaim and restore the native prairie. The ranch’s unique hilly topography also will be retained. Curving residential streets will take in the terrain, in some places featuring vistas from 1,000 feet up or 90-foot drops.
QuoteThe ranch is 11.4 square miles and will eventually feature as many as 15,000 homes. The entire Walsh development could take 50 years to complete. It will have at least eight elementary schools, two middle schools and one high school, and 35 miles of hike and bike trails.
The first batch of houses, going in north of the interstate and west of Walsh Ranch Parkway, will take about three years to complete, and the entire first phase about 15 years to finish. It will have parks and other amenities. Home prices will start in the low $300,000s and go up into the millions of dollars.
The developers have put together a 137-page book of standards and architectural details allowed in the Walsh. It relies heavily on some of Fort Worth’s historic neighborhoods.
About 770 acres are designated for commercial development and potentially a corporate campus.
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Dallas Arboretum to break ground on edible garden that will open in 2017
Holly Haber
September 6, 2016QuoteThe Dallas Arboretum and Botanical Gardens will break ground Monday on an $8 million edible garden that will boast sweeping views of White Rock Lake and the city skyline.
A Tasteful Place will be created on 2 acres of undeveloped land next to the dining terrace on the entry plaza. Opening in fall 2017, it will have an orchard, vineyard, flowers, vegetables, fruits, herbs and a 3,600-square-foot pavilion with a dining room and teaching kitchen overlooking the garden and lake.
Designed by SWA Architects and Buchanan Architecture, A Tasteful Place represents the penultimate garden in the master plan for the 66-acre facility.
Quote"The Dallas Arboretum has already reached the heights of being one of the world's leading botanical gardens and now is taking a pioneering step to incorporate a very useful and traditional European gardening tradition as one of its primary attractions," Smith said. "As a Dallas landmark and international destination, it will help reflect the movement to understand more about our food and where it comes from. A Tasteful Place will provide the opportunity for visitors to talk about resources and learn urban gardening firsthand with both modern methods and sustainable practices."
Year-round programming will include classes, tastings, horticultural demonstrations, cooking classes, workshops and festivals featuring garden produce.
QuoteIt will have a number of designated features, including the Wreath Pools, Lagoon Outlook Covered Patio, the Picnic Lawn Overlook, the Strolling Trail, the Orchard, the Orchard Patio, the Tasting Plaza, the Veranda at the Garden Pavilion, Central Stairway and Promenade, the Garden Gate event entrance and the Shaded Patio.
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Dallas Midtown's 20-acre focal point begins to take shape
Candace Carlisle
September 6, 2016QuoteThe proposed centerpiece of the Dallas Midtown evolution will be unveiled at a town hall meeting next week.
This 20-acre focal point will tie in the rest of Dallas Midtown and could be a big draw to investors, developers and companies, said Bruce Bradford, president and CEO of the North
Dallas Chamber of Commerce.
QuoteMIG, a placemaking firm based in Berkeley, Calif., conducted the three-month study on Dallas Midtown. Bradford declined to disclose the cost of the study, but said, "We got far more bang for the buck than the bucks we paid."
This study takes the proposed 20-acre park to the next level to anchor the Dallas Midtown site, which is a 40-block, 430-acre mixed-use development bounded by the Dallas North Tollway, LBJ Expressway, North Central Expressway and Spring Valley Road in North Dallas.
QuoteOther developers and investors are also eyeing Dallas Midtown, though Bradford declined to mention the names of would-be stakeholders.
To be built, Bradford said philanthropic dollars would likely need to be raised to develop the park in partnership with an earmarked $36 million in tax increment financing funds designated for public infrastructure. He said Dallas' philanthropic nature could mean there would be enough money for the Dallas Midtown park and the proposed extension of Klyde Warren Park.
QuoteBeck plans to begin the tear down of Valley View Center by the end of the year. The developer has done some environmental remediation and pre-demolition work in preparation for the demolition.
MIG CEO Daniel Iacofano will unveil conceptual renderings of the new Dallas Midtown park and speak to the community on Thursday, Sept. 15 from 7 p.m. to 9 p.m. at a ballroom within the Westin Galleria Dallas hotel in North Dallas.
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Developer eyes new high-rise residences for Dallas' popular West Village
Steve Brown
September 6, 2016QuoteOne of the first apartment projects built in what is now Uptown is being considered for redevelopment.
The Gables Turtle Creek rental community at Cole and Lemmon avenues was built in 1994 and is across the street from the popular West Village retail complex.
QuoteDeveloper Gables Residential wants to start tearing down its 22-year-old apartments to replace part of the complex with taller construction.
Quote"Currently the site is entitled for 378 units," she said.
QuoteGables is asking for city approval to build a tower of about 20 stories on part of the 7-acre site. The block fronting Blackburn Street would remain low-rise construction.
"It's zoned for residential, and we'd be happy to keep it that way or go mixed-use if that's what the community wants," Slade said. "Phase one of our redevelopment would be along Lemmon, where there is heavier traffic."
Gables has already begun meetings with residents in the area and is talking with potential architects.
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Cityplace Residential / Hilton Canopy project:
Two projects peeking over the trees:
- 1900 Pearl (left)
- Park District (right)
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Hillwood Communities buys tracts in Collin, Denton counties for 1,000 homes
Candace Carlisle
August 24, 2016QuoteDallas-based master-planned community developer — Hillwood Communities — has closed on six tracts of land totaling 345 acres that will add more than 1,000 new home lots to two existing communities in Collin and Denton counties.
QuoteTerms of the land deal were undisclosed. Dallas-based Davidson Bogel Real Estate represented Hillwood Communities in the acquisitions.
The firm bought about 285 acres in two deals in Little Elm, which will expand the Union Park master-planned development by 817 homes. In all, Union Park will total 3,200 homes at build out.
Hillwood Communities also purchased about 60 acres of land in four deals in Melissa, which will expand its Liberty community by another 200 homes. In all, Liberty will have 1,500 homes at build out.
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Another look on Plano's Willow Bend $100MM expansion:
Plano's Shops at Willow Bend tears down Saks; restaurant row, office tower coming
Maria HalkiasAugust 31, 2016
QuoteThe pieces of a $100 million redevelopment are all about building traffic to the center, said John Albright, vice president of development at Starwood Retail Partners.
Quote— A pedestrian-friendly restaurant row visible from the Dallas North Tollway will go in where Saks Fifth Avenue is being torn down after sitting empty since 2010.
— A nine-story, 200,000 square-foot office building will be built where a Mercury restaurant once stood. The tower's lobby will be connected to the mall.
— A boutique hotel or an entertainment venue is planned on the west side of the mall.
— And a fitness club is being courted for a spot between Crate & Barrel and Restoration Hardware where a fountain now sits.
The plan is to have all of it done by the end of 2018, Albright said.
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Bishop Arts Melba Townhomes, via Oak Cliff Advocate:
QuoteOn Melba at Bishop, adjacent to the Nazerian family’s massive development of apartments and shops, a builder recently demolished homes to make way for the Bishop Arts Melba Townhomes. The two-story homes will have private garages and roof decks and comprise about 2,250 square feet. They’ll start at around $450,000.
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New York-based WeWork picks Uptown tower for first North Texas location
Steve Brown
August 29, 2016QuoteNew York-based WeWork is renting two floors in the new 1920 McKinney office tower, which is a block north of Klyde Warren Park.
The company will occupy more than 40,000 square feet on the seventh and eighth floors of the office tower, according to Dallas building permits tracked by Buildzoom.com.
Almost $6 million is being spent to build out the new WeWork office.
QuoteWeWork - which has locations in more than a dozen major U.S. markets - looked at multiple locations in central Dallas before picking the new Uptown tower, property agents say.
The 6-year-old shared office company has already has a location in Austin.
And the firm has expanded internationally with locations in Canada, German, the U.K., the Netherlands and Israel.
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Major beer, wine firm adds southern Dallas distribution center in I-45 corridor
Steve Brown
August 29, 2016QuoteConstellation Brands — one of the country's largest distributors of imported beers and premium wines — is building a large new warehouse in Hutchins.
The New York-based company plans to break ground on the 450,000-square-foot project on Sept. 8. The planned industrial building will be in the Prime Pointe Industrial Park at 1600 W. Wintergreen Road.
QuoteThe project is being built for both Constellation Brands and California-based logistics company Biagi Bros., which handles shipping for the firm, according to Scannell Properties' Patrick Marcotte.
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New Dallas Suburban/Exurban Development
in Dallas/Fort Worth/Metroplex
Posted
Legacy West:
View the CBS DFW interview here.