Sic'EmBears
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Automotive giant investing $175 million and hiring hundreds in Grand Prairie
An automotive parts supplier is spending $175 million to expand an industrial building in Grand Prairie that it bought last year.
Flex-N-Gate, a major supplier to General Motors' Arlington vehicle assembly plant, last summer purchased a new 430,186-square-foot industrial building at 2150 Bardin Road in Grand Prairie.Flex-N-Gate plans to employ 800 people by early 2020.
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Razor-Sharp Residential Project Headed to Dallas Arts District
A new mixed-use residential project by developer Matthews Southwest in the Dallas Arts District is planned under the obvious name of 2400 Bryan Street.
The architecture firm submitted its concept to the city’s Urban Design Peer Review office.
Where it faces Bryan Street, Perkins+Will’s drawings show a seven-story building with retail and tenant amenity space on the ground floor, along with a community deck above the seventh floor. Where it faces the highway frontage, the building rises to 15 stories.
The two elevations jump from a 70-foot height to 160 feet.The gross areas total 244,774 square feet for the residential tower.
There are 230 apartment units planned, half of them reserved for low-income tenants.
Matthews Southwest submitted an application for the project to the Texas Department of Housing and Community Affairs, seeking a 9 percent Housing Tax Credit. -
DFW Airport to spend $35 million to add 125-room extended-stay hotel
The DFW International Airport plans to add another Hyatt brand hotel as part of its efforts to improve customer experience at the nation's fourth-largest airport.
The hotel, Hyatt House, will be located next to the Hyatt Place DFW hotel in the Southgate Plaza. Construction will likely start by early spring 2019, and airport aims to open the hotel in early 2020.
The new hotel will feature 125 rooms on the second to sixth floors with 99,000 square feet of total floor area. It will also feature meeting and board rooms, a pool, a fitness center and a restaurant with a bar.The projected annual tax revenue for the Hyatt House in 2022 is $280,080 to Dallas and Fort Worth and $140,040 to Euless.
Southgate Plaza is a 32-acre mixed-use development which features the airportÂ’s corporate headquarters, an urgent care emergency room, and a Starbucks. A U.S. Postal Service office is under construction.
The airport plans to expand the plaza to include more retail, office and restaurant sites. -
Hedge fund provides $105 million for new Frisco hotel
CLG Hedge Fund LLC said it is providing the $105 million construction loan for the new Hyatt Regency Stonebriar under construction at Stonebriar Centre mall in Frisco.
The 18-story, 303-room hotel is being build by Sam Moon Group, which also developed the new Renaissance Hotel at Plano's Legacy West.Scheduled for completion in early 2020, the Hyatt Regency Stonebriar will connected to the Stonebriar Centre mall. The project also includes an 800-space parking garage and a new Frisco city library.
Brasfield & Gorrie is the contractor and HKS Inc. is the architect. -
PPG headed to Flower Mound with new distribution center
The 449,200-square-foot industrial space will be used for be the company's PPG architectural coatings division which operates in the U.S. and Canada.
Construction will start on Tuesday on the 450,000-square-foot building at 1001 Lakeside Parkway in Flower Mound. A remaining 185,000 square feet not rented to PPG will be up for lease.The Dallas-Fort Worth area has one of the country's fastest growing warehouse and distribution markets, with almost 20 million square feet under construction.
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New Denton County community aims at buyers who want smaller, more affordable new homes
Called Harvest Townside, the new Denton County neighborhood built by developer Hillwood Communities will feature patio homes starting near 1,500 square feet and priced beginning in the $260,000s.
Hillwood started the 1,200-acre Harvest community in Argyle in 2012.
The project near Interstate 35W is planned for more than 3,000 homes. -
$40 million seniors living project coming to McKinney
The developer has purchased a building site north of the Sam Rayburn Tollway off Stacy at Ridge Road for the project which will have 200 residential units.
Called Hidden Springs, the development will have 132 independent living rental units, 40 assisted living and 28 memory care residential units when it opens in July 2019. -
High-rise apartment construction starts at Dallas Cowboys' Star in Frisco
The 17-story Star House apartments are being built at Gaylord Parkway and Cowboys Way, across the street from the Ford Center and the Baylor Scott & White Sports Therapy & Research.
The 160-unit luxury apartment tower has been in the works since last year and is being developed by Columbus Realty Partners and Cowboys' owners the Jones family.
Designed by O'Brien Architects the residential high-rise will be built of limestone, metal and glass.The Star House will be slightly taller than the 16-story Omni Hotel, which is located next door and is currently the tallest building in Frisco.
Atlanta developer Novare Group is building a 25-story apartment tower just north of the Star on the west side of the tollway. Novare's SkyHouse Frisco Station will have 332 rental units.
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Luxury hotel on the way in Dallas' Uptown area near Crescent
One of the Uptown area's oldest and largest real estate developments plans to add a hotel.
The 20-story hotel tower would be built on a vacant half block at the corner of McKinnon and Moody streets, just west of the Crescent and Tower Residences Ritz-Carlton condo building.
The hotel site is directly across the street from the original Rolex Building - Harwood International's first project in the neighborhood, which opened in 1984.A Harwood International spokesman said the real estate firm would soon provide details of the timing of its hotel project.
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Work underway to redo Dallas' landmark Cabana Hotel
Work is moving ahead to turn save a landmark Dallas hotel.
The 56-year-old former Cabana Motor Hotel on Stemmons Freeway on the edge of downtown Dallas is being restored by Centurion American Development Group.Centurion American CEO Mehrdad Moayedi said demo work at the 10-story Cabana is wrapping up.
"We are doing the environmental clean up - all the asbestos is out," Moayedi said. "In another week we will be done.""We are demoing stuff that is not historic," Moayedi said.
Moayedi plans to convert the old hotel to 262 new rooms plus restaurants.
"It will be a combination of suites and 2-story cabana rooms," he said. "We are trying to get our historic plan approved in Austin."
Centurion American also intends to build a 140,000-square-foot apartment tower on top of the old hotel garage.It was constructed by Las Vegas developer Jay Sarno, who also built Caesar's Palace and Circus Circus.
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Allen mixed-use project breaks ground this week with a dozen-plus buildings lined up
Dallas' Provident Realty and Glaser Retail are breaking ground on the 73-acre Stacy Green project on the last vacant corner at U.S. Highway 75 and Stacy Road.
The first phase of Stacy Green includes more than a dozen retail and restaurant buildings lining up along U.S. 75 and Stacy Road.
Further phases of the development will include an office building and apartments. A hotel and movie theater are also planned.
And the developers will build a 13-acre greenbelt and park along Cottonwood Creek running through the site.
The first buildings are scheduled to be ready for tenants in 2019. -
New industrial project on the way in Grand Prairie
Stream Realty Partners is teaming up with LaSalle Investment Management to build the Parkway Logistics Center, a 271,794-square-foot development at 2911 S. Great Southwest Parkway.
Dallas-Fort Worth already is one of the busiest warehouse building markets in the country.
The project will be ready later this year.
"We are confident that demand will continue to remain robust in this submarket, and in Dallas-Fort Worth overall," Stream Realty's Cannon Green said in a statement. -
Music project in the works for Frisco's $5 billion mile
The project, called Music City, would include a more than 1,000-seat indoor theater, a 390-seat outdoor stage and a restaurant.
"The applicant proposes that the facility will host concerts, movie and wine festivals, and theater," Frisco planners say in city filings.Dallas design firm Hodges Architecture has done preliminary plans for the entertainment project.
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McKinney industrial project kicks off construction with two buildings
Developer Dalfen America Corp. has broken ground on a new industrial project in McKinney.
The McKinney Fulfillment Center is being built at 1581 Corporate Drive near U.S. Highway 75.
The speculative 2-building project will include more than 115,000 square feet. -
New office and retail high-rise gets green light on Dallas' Knox Street
Developers have gotten the green light to proceed with the largest new building project in Dallas' popular Knox Street district.
Longtime Knox Street merchant Weir's Furniture and real estate firm Four Rivers Capital plan to build a new retail and office tower on the furniture store's Knox Street site.
Dallas' City Council and plan commission have given full approval for the redevelopment.The 297,000-square-foot high-rise at Knox and Travis streets will include 250,000 square feet of offices, a new store for Weir's and additional retail.
Weir's will relocate temporarily when construction starts — probably in early 2019.The building — just a block from the Katy Trail — will take 18 to 24 months to complete.
The developers hope to have the work coincide with construction the city plans to improve the street and sidewalks along Knox.As part of the new development, the historic Soda Fountain building — for decades the Highland Park Pharmacy — will be preserved on the corner.
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New industrial project set for DFW Airport site
The 562,640 square foot Airport South Logistics Center is a speculative warehouse being built at 3400 E Airfield Drive on the south side of the airport.
The industrial project is planned for tenants as small as 140,000 square feet.
"We are very bullish on Dallas -Fort Worth and have acquired and developed nearly 4.5 million square feet of industrial properties since 2010," David Welch, [sic]
President of Robinson Weeks Partners, said in a statement. "Dallas should continue to see strong population and job growth, leading indicators for industrial space demand, for the next several years. -
Construction ready to start on Bishop Arts project in Dallas' north Oak Cliff
The 11-acre Bishop Arts mixed-use project at Bishop Avenue and Ninth Street has been in the works for years and is just south of the historic Bishop Arts commercial district.
Now longtime property owner Exxir Capital is pushing ahead with residential, retail and public spaces in the second phase of the project.
"Everything is in place, and it breaks ground next week," said developer Michael Nazerian. "It's been over a decade in the making, and we are very proud of it."
Construction will include 246 apartments on a public plaza with 12,000 square feet of retail. It will join the 42,000 square feet of retail and office space that Exxir Capital is already building across the street.
Most of the buildings will be between two and four floors. Two-story arched entryways to the development will face the street.
The project will have more than 500 spaces of public parking.
The project will use only 60 percent of the square footage permitted for the site, so there is more open space available, Nazerian said."We have put design and human-scale experience first, working with artists and craftsmen."
Nazerian said his firm plans to be a long-term player in Bishop Arts.
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Flower Mound officials give thumbs up to office and mixed-use projects
Flower Mound officials have approved development of a new 120,000 square-foot speculative office building in the town's Lakeside Business District.
The 10-acre project will be built by developer FM 2499 Office Venture LLC near FM 2499 and Grapevine Lake.
The project must be completed by late 2022.
Flower Mound this week also approved a 35-acre mixed-use development near Grapevine Lake that will include everything from apartments to hotels and retail space.
The first phase of the Lakeside Village project cudl [sic] include as many as 600 residential units. -
Victory Park's new tallest tower will cost more than $138 million
(Mandarin Oriental's 2007 43-floor proposal)
The 39-story skyscraper will be constructed across the street from American Airlines Center arena and next door to the W Dallas Victory Hotel & Residences.
According to Hines' building permit information filed with the city, the project at 3099 Olive Street will cost more than $138 million. The residential tower will include 334 apartments and 9,500 square feet of retail space.Hines representatives so far aren't talking about the project. But word of the huge building surfaced last month in city planning documents.
The apartment tower is to be built on a site that in 2007 was to be used for the 43-story Mandarin Oriental Hotel & Residences. But the recession hit before work on the tower began and the project never got off the ground.
Victory Park's current tallest high-rise — the 31-story W Hotel — opened next door to the building site in 2006. -
Northeast Dallas shopping center getting a major facelift
The Hillside Village retail center at the northeast corner of Mockingbird Lane and Abrams Road was built in the mid 1950s.
Northwood Retail said it plans to remodel the 169,229-square-foot shopping center in five phases.
"The renovation will incorporate the installation of modern design elements," Northwood Retail said in a statement. "Additionally, Hillside Village will develop a new and improved parking lot and sidewalk system allowing for easier traffic flow and pedestrian accessibility.
Gensler is the architect.
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Apartment project kicks off near Dallas' Galleria
The Jefferson Alpha West apartments at Alpha and Inwood roads will have 409 units.
The new rental community is part of a mixed-use development that includes a 155-room Aloft Hotel, a 296,000-square-foot office building and 22,000 square feet of retail space.
"The location provides residents a walkable, amenity-rich environment while maintaining a strong sense of community," JPI senior vice president Matt Brendel said in a statement.
The Jefferson Alpha West apartment community will include a rooftop lounge, dog park and 2-story clubhouse. -
Downtown Dallas' 113-year-old Purse Building getting modern office makeover with rooftop deck
"We are excited to finally get started," Ragan said. "The demolition will take four to five months, and from there we move straight into construction."
The project should take 15 to 18 months to wrap up.Renovation plans for the 70,000-square-foot brick and timber building include a rooftop deck.
Architexas is the preservation architect for the project, which will receive state and federal landmark tax credits.Built in 1905, the Purse Building was originally used as offices and warehouse space for the Parlin and Orendorff Implement Co., which sold agricultural equipment.
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New data center campus on the way in Garland
Stream Data Center has purchased a 23-acre site in Garland where it plans to build a new data center campus.
Stream is planning a total of 400,000 square feet of building. The first 140,000-square-foot data center phase will be ready by the end of the year.The new property purchase is on Lookout Drive near the border with Richardson and will be used for facilities to accommodate large, hyperscale users.
"Our new development in Garland seeks to address the growing needs of cloud companies and enterprise users in and around the Dallas market," Moser said.In 2017, D-FW was the country's second largest data center market with multiple new projects under construction.
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Richardson industrial park planned near Bush Turnpike
Developer JacksonShaw wants to construct the 4-building industrial campus of more than 38 acres on Telecom Parkway east of Bush Turnpike.
The project - which will include about a half million square feet of industrial space"Each of the buildings will be designed to accommodate multiple tenants," Richardson city planners said in the zoning filing.
"The developer's vision is to build the premier urban industrial business park in the Richardson/Northeast Dallas market.
"It will create an environment specifically designed to attract and retain established businesses and new entrepreneurial ventures from throughout the region."
New Dallas Suburban/Exurban Development
in Dallas/Fort Worth/Metroplex
Posted
Plans for Garland's Firewheel include a hotel in the town center's middle section
The Fairfield Inn is planned for the green parcel behind Old Navy.
Project Location