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Sic'EmBears

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Posts posted by Sic'EmBears

  1. 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

     

     

    Full Article

  2. 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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  3. Developers file plans for next phase of Plano's $3B Legacy West project
    Steve Brown
    August 1, 2016

     

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    Columbus Realty - one of the original partners in the Legacy West development at the Dallas North Tollway and State Highway 121 - has filed plans with the City of Plano for another major apartment development.

     

    The new rental community is planned on Communications Drive just north of the new Legacy West Urban Village.

     

    The apartment development located south of S.H. 121 will include more than 400 rental units in a 5-story building, according to plans filed with Plano's planning and zoning commission.

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    Columbus Realty's new apartment community will be right across the street from where JPMorgan Chase is building its huge new corporate campus.

     

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  4. 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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  5. Construction kicks off on Telecom Corridor office project
    Steve Brown
    July 25, 2016

     

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    The 3400 at CityLine office project is being built at the northeast corner of Renner Road and U.S. Highway 75 by Transwestern Development Co. and UBS Asset Management.

     

    The 310,000-square-foot office project is just west of the CityLine development that includes State Farm Insurance's 4-tower regional office campus.

     

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    "We're getting a lot of interest from tenants — really solid activity for just breaking ground on the project," said Reid Caldwell, managing director of Transwestern Development.

     

    The 3400 at CityLine office building will be connected to CityLine and DART's commuter rail station with walking trails and a new pedestrian bridge across Spring Creek.

     

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    Dallas architect BOKA Powell designed the 3400 at CityLine building.

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    The building will open in September 2017.

     

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  6. High-rise hotel coming to Richardson’s huge CityLine project
    Steve Brown
    July 25, 2016

     

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    Missouri-based developer Drury Southwest bought the almost 3-acre site at CityLine Drive and U.S Highway 75. The property is just west of State Farm Insurance's high-rise regional campus and near DART's commuter rail station.

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    "Plans call for 168 rooms in an 11-story building with four levels of parking and seven levels of hotel," said BC Station Partners' Joe Altemore. 

     

    "Construction is set to start in four to six months."

     

    The planned hotel will be the third major project on the 55 acres between the State Farm campus and U.S. 75 that BC Station Partners owns.

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    "We've been absent from the Dallas market for a bit but we are getting back," said Drury Southwest spokesman Herb Wedemeier. "We are coming out of the ground with a hotel in Frisco and have bought this site in Richardson.

     

    "We think it's a great location and it's going to be a great hotel."

     

    Full Article

  7. Two Dallas companies combine to acquire 119 acres in Celina for 350-home, $133M community
    Evan Hoopfer
    July 21, 2016

     

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    Hillwood Communities, a Ross Perot Jr.-owned company, announced a joint venture with Dallas-based real estate development firm Wynne/Jackson to acquire 119 acres in Celina from the Glendenning Family to build a $133 million, 350-single family lot community.

     

    The new community in Celina — which is about an hour north of Dallas — will be called "Glen Crossing," as homage to the Glendenning family, who emigrated from Scotland to Texas in 1887. The property has been through three generations of the family.

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    The company said the land was appealing because of its location between Preston Road and Dallas North Tollway.

     

    Homes are expected to be priced between $350,000 and $425,000 and construction is slated to begin in September. 

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    This isn't the first project in Celina that developers have been eyeing recently. Construction began in the beginning of this year on a $1.1 billion, 1,800-home community and Hillwood announced in March it had bought 244 additional acres to expand its $500 million, 1,250-home community.

     

    An Addison developer also announced it received financing for a $2 billion, 4,500 master planned home in May.

     

    Full Article

  8. 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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    • Like 1
  9. Seniors rental community starts construction in Fairview along U.S. 75
    Steve Brown
    July 20, 2016

     

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    Apartment builder Greystar - which has several new projects in Dallas - has broken ground on a seniors rental community in Fairview.

     

    The 195-unit apartment Overture Fairview project is located in the Village at Fairview development at U.S. Highway 75 and Stacy Road.

     

    Designed for renters 55 and older, the project is on almost six acres on the east side of U.S. 75.

     

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    The development is scheduled to open in late 2018.

     

    Full Article

  10. 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.

     

    Full Article

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