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A Lot To Chew On: The Merc Is Eating Up Funds


MidtownCoog

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Well call it what you want. I think its even more silly for you to take that comment i made about Houston and Dallas sharing too many similarites out of context. There are a lot of things Houston has done first and then Dallas did. The Galleria is an example. Then again there are things that Dallas has done that Houston shortly followed such as: Mass transit and Urbanization. There's exclusives that Dallas has such as Victory Plaza Screens, which is something that Houston doesn't have and doesn't have any intention of getting. The only real exclusive i think Houston has is the beach and that's really Houston metro, not Houston.

Maybe my earlier post came off a tad confrontational but Point is, i think each city should have certain things that can't be found in the next city, especially since they represent the same state. That's my opinion. If that sounds like ramblings of a seven year old then that's too damn bad.

Keep it on topic. One more time - this forum is not about Dallas v Houston comparisons, so don't try to steer it that way. Got it? :angry2:

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Keep it on topic. One more time - this forum is not about Dallas v Houston comparisons, so don't try to steer it that way. Got it? :angry2:

Relax dude. Don't give yourself an anurism.

I apologize everybody

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Posh pad caps Mercantile redo

08:51 AM CDT on Friday, August 17, 2007

By STEVE BROWN / The Dallas Morning News

stevebrown@dallasnews.com

http://www.dallasnews.com/sharedcontent/dw...le.35a867d.html

Dallas business bigwigs used to gather on the top floor of the Mercantile National Bank tower to hash out big deals. But that was decades ago. And the perch atop the Mercantile tower gathered dust for years.

Now, thanks to a makeover of the downtown landmark, the former bank space is becoming one of the most exclusive residential addresses in town.Developer Forest City Enterprises has turned the penthouse floor of the 64-year-old tower into a swank apartment with 360-degree views of the city. The almost 3,000-square-foot home even has a glass-walled terrace with a front-row seat on the skyline." We haven't priced this one yet, but it's going to be expensive," said James Truitt, the Forest City vice president who's heading up the $250 million redevelopment. "After all, there's only one like it."

With work on Main Street's Mercantile building about 75 percent complete, construction crews are rushing to make a February opening date. Construction on a second, all-new apartment tower on the same block and designed by Dimella-Shafer Architects of Boston won't be done until October 2008. Contractors spent months demolishing a hodgepodge of additions on the east side of the Mercantile, making a big change in the appearance of the old office tower. For the first time in almost 50 years, there's an unobstructed view of the tower from the east side of downtown. "When those buildings came down you were able to see the Mercantile by itself, and now you can now see the historic details," Mr. Truitt said. "We took out 700,000 square feet of buildings to get to that."

But the east side of the art moderne skyscraper no longer looks like it did on opening day in 1943. As part of the switch from office to residential space, designers at BGO Architects added a series of balconies and terraces. Inside, the changes are even more striking. The two-story second-floor banking lobby with its polished stone and wood walls is being saved as grand retail space.

The more than 30 floors of former offices and banking back rooms are now mostly converted into apartments. "Out of 216 units, we have 50 different floor plans," Mr. Truitt said. Prices will average about $2,000 a month for a two-bedroom unit and around $1,400 for a one-bedroom apartment. From the rental units, there are sweeping vistas of the surrounding financial district. The lower levels on the west side face Neiman Marcus' flagship store. "You'll have a good view of their Christmas lights during the holidays," Mr. Truitt said.

Some of the historic office building will remain out of sight after the opening

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The spire restoration is nearing completion (but the clock hasn't been fixed yet and scaffolding is still up). The white rings will move up or down depending on the change of temperature and the rest of the spire will change from red to green depending on good/bad weather.

Great photos from Ninjatune on the Dallas Forum. http://forum.dallasmetropolis.com/showpost...p;postcount=488

Dallas_23copy-4.jpg

mercvievcopy.jpg

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The spire restoration is nearing completion (but the clock hasn't been fixed yet and scaffolding is still up). The white rings will move up or down depending on the change of temperature and the rest of the spire will change from red to green depending on good/bad weather.

Great photos from Ninjatune on the Dallas Forum. http://forum.dallasmetropolis.com/showpost...p;postcount=488

Dallas_23copy-4.jpg

mercvievcopy.jpg

To me.....this is going to to be the most attaractive part of downtown when all of the dust clears... :wub:

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http://eatsblog.guidelive.com/archives/200...-at-mercan.html

INTRODUCING THE HOT NEW ADDRESS

IN DOWNTOWN DALLAS

Grand Opening of Mercantile Place on Main Celebrated, New Restaurant Announced

Dallas, Texas (April 16, 2009) - In an official ceremony, Mayor Tom Leppert, community officials and Forest City Residential Group, Inc. project developers gathered to celebrate the Grand Opening of Mercantile Place on Main, Dallas' new, dynamic urban district comprised of three upscale apartment buildings - The Merc, The Element and The Wilson. All three apartment buildings and luxury amenities are now open to residents. Adding to the excitement is the addition of a new restaurant, announced today. Jean Michel's, a modern French restaurant by noted Dallas restaurateur Jean Michel Sakouhi, will overlook Main Street Garden Park and offer the Dallas community a new place to dine and socialize. The restaurant and park will open this fall.

"Mercantile Place offers residents and guests the beauty and character of a historic neighborhood with all the modern, state-of-the-art conveniences they are looking for," said Jim Truitt, vice president of development, Forest City Residential Group and Mercantile Place project manager. "As residents move in, businesses are also seeing the sense of place that Mercantile Place is creating. The addition of Jean Michel's and Main Street Garden Park are significant steps in the historic revitalization of this core area of Downtown Dallas."

Jean Michel's will serve moderately priced European/French modern cuisine in a New York inspired, modern, street-level space inside The Element. With an interior design reflective of the architectural details of The Element, the restaurant will serve breakfast, lunch and dinner and will also offer guests a full-service wine bar with more than 500 different kinds of wine.

Vernon Morales is executive chef for Jean Michel's. He brings an extensive background of international knowledge and experience, having trained with three of the most respected chefs in the world - Ferr

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