Three Monumental Downtown Groundbreakings

[WTx]

THREE MONUMENTAL DOWNTOWN GROUNDBREAKINGS ANNOUNCED FOR DECEMBER

2005 has been a record-breaking year for Downtown Dallas development, and just because December is upon us, there's no slowing down! TRINITY BRIDGES GROUNBREAKING

On December 9, Dallas will see years of careful planning come to fruition with the groundbreaking of the first Santiago Calatrava designed bridge, the Margaret Hunt Hill Bridge.

The Margaret Hunt HIll bridge is named in honor of a Dallas civic leader and an historic Dallas family.

Groundbreaking ceremonies begin at 4:30 p.m. on the Continental Avenue Viaduct overlooking the site of the Margaret Hunt Hill Bridge. Parking is available at 505 North Industrial Boulevard. Then, throughout the month of December, spotlights will project the lines of the Margaret Hunt Hill Bridge in the night sky over the Trinity River. Keep a look out for Dallas' future!

Mercantile Complex Groundbreaking

On December 12, Forest City Enterprises will break ground on The Mercantile Complex, another landmark project for Downtown Dallas. The Mercantile Complex, the entire block of buildings spanning the south side of Main Street between Ervay and St. Paul, is comprised of over 1 million square feet and has sat vacant for over a decade in the heart of Downtown Dallas.

In addition to approximately 25,000 square feet of retail, Forest City's redevelopment plans for the Mercantile Complex include 365 residential units - 210 units in the historic 31-story Mercantile Bank Tower and 155 units in a new 16-story building planned to take the place of the easternmost portion of the block where the Dallas Building, Securities Building and Annex Building now stand. The City of Dallas has subsidized $70.5 million of the estimated total $250 million project which also includes future development of the Continental Building on Commerce Street and the Atmos Energy Buildings.

Mosaic Towers Groundbreaking

Though the official date has not been released, developer Hamilton Properties plans to hold a groundbreaking ceremony for Mosaic Towers, formerly known as the Fidelity Union Building, sometime in mid-December. Mosaic Towers will add another 440 residential units to Downtown Dallas, and approximately 20,000 square feet of retail.

[editor]

Nice. Keep the updates coming.