RED's Inroad: $250M Twin-Tower Project
http://www.globest.com/news/564_564/.../146060-1.html
"...."DALLAS-RED Development LLC, with a junior partner at its side, has gotten control of a full city block for a plan to build twin towers with retail, office and hospitality space. The $250-million development is penciled for a spring 2007 groundbreaking."..."
"RED Development, marking its first project in the city, plans to raise a pair of 27-story towers with 95,000 sf to 150,000 sf of upper-upscale retail space, 400 condos and a to-be-determined number of hotel rooms.......which will sit on a block bordered by Ashland and Field streets, within walking distance of American Airlines Center and in the shadow of Hillwood's mixed-use Victory...."